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Lebanon suffered an “economic loss” of more than five billion dollars in more than a year of mutual bombing between <a href="http://www.world-today-news.com/israel-is-like-being-created-from-speckled-human-blood-this-is-a-series-of-actions-by-mossad-agents-to-exterminate-enemies-in-the-most-heinous-and-deadly-way-all-pages/" title="Israel is like being created from speckled human blood, this is a series of actions by Mossad agents to exterminate enemies in the most heinous and deadly way – all pages”>Hezbollah and Israel, which escalated in late September to open war, according to what the Bank announced of the World on Thursday, with Israel’s raids continuing on several fronts.
The World Bank also confirmed in a report that as of October 8, 2023, “the conflict has damaged approximately 99,209 housing units,” estimating this damage at $3.4 billion.
Since Hezbollah announced the opening of “support” for Gaza, the day after Hamas launched an unprecedented attack on Israel on October 7, 2023, which triggered the war in the Palestinian Strip, the border between Israel and Lebanon has been witnessing a daily exchange of fire with Hezbollah.
On September 23, Israel shifted the center of gravity of its military operations to Lebanon, where it launched intense attacks, mainly targeting Hezbollah in its strongholds in the suburbs of Beirut, the south and east of the country
On September 30, Israel began ground operations in border areas.
image source, EPA
The World Bank report, which mostly covers the period from October 8, 2023 to October 27, 2024, said the conflict caused “economic losses worth $5.1 billion,” especially in the trade, tourism, hospitality and agriculture sectors.
The World Bank estimated that “the conflict reduced Lebanon’s real GDP growth in 2024 by at least 6.6 percent,” which “exacerbates five years of continuous economic decline in Lebanon.”
Between the economic crisis it has been suffering since 2019, and the consequences of the conflict, Lebanon is losing “the equivalent of 15 years of economic growth,” according to the financial institution, giving reference to the economic fall in the country from 2019. .
Of the approximately 99,209 housing units that were damaged, the report estimated that 18 percent were “completely destroyed,” noting that approximately 81 percent of the homes were e victory located in the south of the country, on the northern border of Israel.
While Israel confirms its intention to remove Hezbollah from its neighboring areas in southern Lebanon, to allow around 60,000 displaced people to return to their homes in northern Israel.
Field improvements
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The bombing targeted the southern suburbs of Beirut on Friday after the Israeli army warned residents of the area to evacuate, according to footage from Agence France-Presse, which showed flames and smoke rising from the area.
The bombing came about an hour after Israeli army spokesman Avichai Adraee issued an evacuation warning accompanied by maps, in which he issued a warning to residents of the area, saying, “To all residents which was present in the south bank area, especially in the buildings. specified in the attached maps and nearby buildings in the Ghobeiry area… you are present.” “Close to Hezbollah’s facilities and interests.”
He said, “For your safety and the safety of your family members, you must evacuate these buildings and those near them immediately and stay away from them for a distance of not less than 500 meters.”
The attached maps identified buildings in an area near Al-Bustan High School.
Repeated Israeli strikes on the southern suburbs have resulted in the displacement of a wave of civilians, although some return during the day to search their homes and businesses.
Six people were killed, including four paramedics of the Hezbollah Islamic Health Authority, as a result of an Israeli attack that targeted the town of Arabsalim in southern Lebanon, according to what the Ministry of Health announced.
The ministry said in a statement: “The Israeli enemy attack on Arabsalim targeted a new point of the Health Authority – Civil Defense Association, which resulted in the death of six martyrs, including four paramedics.”
The Lebanese Ministry of Health also announced that 11 were killed and 22 wounded as a result of Israeli raids on towns in the Tire area in the south of the country.
He also announced that 4 people were killed and 13 wounded in Israeli raids on several towns in the Bekaa Valley, in the eastern part of the country.
However, Hezbollah continues to launch missiles and drones towards Israel, which it claims is engaging in large numbers, while it continues to send launched intense raids in several areas.
Hezbollah announced that 32 operations would be implemented to counter attempts by Israeli forces to advance and against its sites and deployment centers in northern Israel.
In eastern Lebanon, at least eight people, including five women, were killed in an Israeli airstrike that targeted the city of Baalbek, according to what the Ministry of Health announced. At least five members of the Civil Defense were also killed as a result of an attack that targeted their headquarters in the same area, Baalbek district, according to what a local official in the authority said.
Israel’s new Defense Minister, Yisrael Katz, said last week, “We will not suspend, we will not slow down, and we will not allow any agreement that does not include the achievement of objectives war, especially Israel’s right to stand alone against any terrorist activity.”
Since the start of the bombing exchange between Hezbollah and Israel in October 2023, more than 3,360 people have been killed in Lebanon, according to the Lebanese Ministry of Health.
The Israeli army announces that it has detected five missiles launched towards Haifa Bay
The Israeli army announced on Friday that they had found that about five missiles had been launched towards Haifa Bay in northern Israel, indicating that they had shot some of them down.
Israeli media reported that the army said one of those missiles hit a construction site, slightly injuring one person.
This coincided with renewed Israeli raids on Beirut’s southern suburbs, shortly after the army issued orders to evacuate areas there.
The Israeli army said it attacked 120 targets inside Lebanese territory in the last 24 hours.
Two Israeli soldiers were injured last night, as a result of the fall and explosion of a drone loaded with bombs at the “Eliakim” military base, east of the city of Haifa.
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2024-11-15 07:10:00