You have commented 358 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Submit your comments on this article
Syria-Lebanon-Iran
World Bank warns Iran attacking Israel will destroy economy
2024-08-13
I'm posting this at 23:45 Israel time. By tomorrow morning (for me) we'll know if there was an attack tonight.
Today is the ancient holiday of Tisha b’Av, the 9th of the month of Av, when Jews mourn the destruction of the First Temple in Jerusalem by Babylon in 423 BCE; the Second Temple, rebuilt on the same site, was destroyed on the same date in 69 CE. It would be just like the Mad Mullahs to think it clever to try again on the same date.
[Ynet] The World Bank on Monday warned that a war against Israel would be catastrophic for Iran's economy, in a new report.
Not a typo. Apparently The Start-Up Nation is handling the situation just fine.
According to the report, war will result in high youth unemployment, a lack of investment, a struggling automotive industry, rapid currency devaluation, a distorted exchange rate regime, skyrocketing inflation, and a deteriorating productive sector.

The World Bank report notes that that the real income per capita and standard of living in Iran in 2024 are lower than in 2014, with the gap between Iran and other developing nations widening. Even a relatively brief military conflict with Israel, the report suggests, would come at a high cost to Iranian citizens.

"Iranian entanglement in the Gaza war," the report states, "could result in a loss of GDP and income exceeding 10%, disrupt ongoing economic activities, significantly lower living standards, and further diminish productive investments."
Posted by:Grom the Reflective

#4  A palpable point, Procopius2k. :-)
Posted by: trailing wife   2024-08-13 22:21  

#3  ..the destruction of the First Temple in Jerusalem by Babylon

Irony is not a river in Wisconsin. It was the Persian conquest of Babylon that ended the Babylon Captivity and the return to Israel.
Posted by: Procopius2k   2024-08-13 08:22  

#2  The frequent media accounts of an "impending" attack by Iran or by Hezbollah on Israel are getting annoying.
Posted by: DooDahMan   2024-08-13 06:25  

#1  Has the World Bank failed to take into account Tehran’s support for terrorism is not limited to the Middle East? They and WE are funding the spread of radical Islam worldwide. Because, how many plane loads of CA$H did the DC Swamp already send them to help with their genocidal efforts?

My Simple Question.
Which is more important to the Iranian leadership?
Death to all infidels, or a few bumps to their 3rd world overpopulated economy?

Peeking behind the curtain.
Could Iran & others just be playing a political PR blink game for more $$$$$, and UN concessions?

Posted by: NN2N1   2024-08-13 06:18  

00:00