Current sectionIsrael NewsIsrael SecurityIsrael's economy has been adept at quick recoveries, but a new round of fighting with Iran will break records for defense spendingShare to FacebookShare to XArticle printing is available to subscribers onlyPrint in a simple, ad-free formatSubscribeComments: Zen reading is available to subscribers onlyAd-free and in a comfortable reading formatSubscribe01:44 PM • June 08 2026 IDTThe Israeli stock exchange and currency exchange markets are opening Monday with major question marks, in the backdrop of Sunday's Iranian missile attack against Israel and Israel's counter-response air strike in western Iran.CommentsIn the NewsAnother Round With Iran Begins as Israel Faces a $15 Billion Defense Budget GapIsrael's New 'Iran Spies': Young, Broke and Mostly CluelessIsrael Strikes Multiple Targets Across Iran, Including Petrochemical PlantIDF: Preparing for at Least Several Days of Conflict, Coordinating With U.S.As Israel Tips Back to War With Iran, Netanyahu Gets His WishRemembering and rebuilding two years laterICYMI'We Were Ordered to Kill': The 1967 Nakba That Israelis Don't Know About'Israel Is Unstoppable, We Need Other Countries to Get Us Out of This''Fucking Crazy': Trump Lashes Out at Netanyahu Over Lebanon, Report SaysThe Paradigm That Led to Oct. 7 Didn't Collapse, It Was Fiction From the StartHow the U.S. Air Force Is Turning Israel's Ben-Gurion Airport Into Its Own Base'Server in the Sky': How Israeli Drones Became a 'Target Generator' Over Gaza