Israeli press review: Israel’s genocide in Gaza costs over $140bn
Israeli press review: Israel’s genocide in Gaza costs over $140bn Submitted by Nadav Rapaport on Tue, 08/18/2026 - 09:47 Meanwhile, Mamdani features in Likud election billboard, Israeli authorities take over an Unrwa school and clinic, and a 1,300-year-old Islamic-era commercial hub is uncovered near Tel Aviv Israeli tanks and troops deployed near the Gaza Strip on 10 June 2026 (Jack Guez/AFP)…
Israeli press review: Israel's alleged genocide in Gaza has cost over $140 billion, according to an investigation by TheMarker. The cost is expected to reach half a trillion shekels soon. Former army chief and economic expert both expressed concerns about the high costs and potential for achieving similar results in a shorter war.
Israeli military adopted a wasteful approach, firing bombs and shells at unprecedented levels and mobilizing 220,000 reservists. Israeli Prime Minister Benjamin Netanyahu's Likud party launched a billboard campaign featuring foreign leaders deemed enemies of Israel, including Iran's Supreme Leader, Turkish President, and Naim Qassem of Hezbollah.
Zohran Mamdani, the recently elected mayor of New York City, was also featured on the billboard. The Jerusalem municipality took over an Unrwa school and clinic in the Shuafat refugee camp, violating international law by entering UN properties without authorization. Unrwa's director expressed worry about the violation of international law and the municipality's failure to establish a new school for the camp's children.
An Islamic-era archaeological discovery was made beneath the car park of a football stadium in Ramat Gan, near Tel Aviv. Researchers found a 2,500-square-meter industrial and commercial complex dating back to the late seventh or early eighth century, believed to have served as a major economic center for travelers along the Jerusalem to Ramla road.
Written by urgent.news from Middle East Eye's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.