Current sectionIsrael NewsShare 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 formatSubscribePeople sheltering during the 2026 war with Iran against the backdrop of the TA-125 Index. Credit: Tomer Appelbaum; image processing and design: Shani DanielPeople sheltering during the 2026 war with Iran against the backdrop of the TA-125 Index. Credit: Tomer Appelbaum; image processing and design: Shani DanielRising tax revenues, a surging stock market and booming AI and defense industries kept Israel's economy stable through its longest and costliest war. But with debt soaring and growth weak, its economic buffers are wearing thinSeptember 01, 2026In May 2024, before the Israeli army shifted the focus of the war to Lebanon and before the two rounds of fighting with Iran, the Bank of Israel estimated that the war would cost 250 billion shekels, or around $83.6 billion. One particularly interesting element of that assessment was a forecast that the war would reduce cumulative state tax revenues by 40 billion shekels. At the time, that sounded reasonable, given the extensive mobilization of reservists, the large number of evacuees and the decline in activity among many businesses.In the NewsIsraeli FM Invited Key Qatargate Suspect to Slovenia Embassy CeremonyRothschild Out of Control: What Happened to Tel Aviv's Most Exclusive Boulevard?Palestinian Poetry's Trojan Horse: What Israelis Missed in Taha Muhammad AliYair Golan Sues Sara Netanyahu for Pushing Oct. 7 Conspiracy TheoryBehind the Far-right's Political Rise in GermanyRemembering and rebuilding two years laterICYMINetanyahu Got an Explicit Warning Before Oct. 7. He Didn't Brief Security ChiefsThink Bibi Is Bad? Meet Sara NetanyahuIMDb Replaces the Name Israel With 'The Occupied Palestinian Territories'Netanyahu Says He Will Sue Haaretz Following Oct. 7 ExposéNetanyahu Was Warned About October 7. Will Haaretz's Exposé Change Anything?Water Crisis Triggered by Gaza's Ruin: Israel Is Paying the Price of Destruction