🔻Al-Manar correspondent:

Odaisseh is the cemetery of the Israeli occupation soldiers.

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Israel's Economic Freefall: S&P Downgrades Credit Rating Amid War Failures

Israel faces yet another crushing blow as S&P has downgraded its credit rating earlier than expected, marking the second downgrade this year. This comes just days after Moody’s downgraded Israel to the same level as countries like Peru and Kazakhstan. 💥

Key reasons for the downgrade:

• Escalating conflict with Hezbollah and high risks of prolonged war

• Prediction of zero growth in 2024 and a 9% deficit

• Economic uncertainty due to no clear strategy for Israel's wars, especially against Hezbollah and Iran

Israel is sinking fast. As its war machine fails, so does its economy. The downgrade will lead to higher borrowing costs, less government support, and further cuts in education and health. 💸

"The possibility of war dragging into 2025 is real, and the economic recovery is delayed," S&P warned. Israel's tech exports and high foreign exchange reserves can’t save it from this downward spiral.

Moody’s was even harsher, warning of "economic uncertainty" and no clear war strategy. Now, with both Moody’s and S&P downgrading Israel twice this year, the state is on a fast track to economic collapse.

Source: Hebrew Business News 🗞️

[K.P.]

🔻Israeli media reports that a group of IOF soldiers attempted to cross into southern Lebanon from Metula but encountered resistance from Hezbollah fighters belonging to the "Redwan" Force, a specialized unit within Hezbollah.

IOF helicopters were seen airlifting casualties from the area.

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Danish Police:

We are investigating two explosions near the Israeli embassy in Copenhagen.

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Trump:

If I were president Iran would be in the Abraham Accords; Iran and Israel "like 2 men fighting in the neighborhood"  

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🔻Israeli media:

Hezbollah is bombarding the north with rockets.

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🔻Rambam Hospital in Haifa a few moments ago

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An anti-tank missile was fired at a force near the Lebanese border during operational activity, wounding 20 soldiers, one of them fatally. The wounded are being evacuated to Beilinson and Rambam hospitals.

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