Prime Minister Benjamin Netanyahu’s fascist government putting the country on a war footing in pursuit of its policy of Jewish Supremacy over the whole of Israel/Palestine from the Jordan River to the Mediterranean Sea comes with a heavy price tag.

Last week, the southern port of Eilat halted its operations, declared bankruptcy, after losing $13.61 million, and is to lay off half of its 120 workers. The port has been largely inactive since the start of the war as ships diverted around Africa to avoid the Red Sea route through the Suez Canal to reach Europe, following attacks by Yemen’s Houthi forces in support of the Palestinians in Gaza on shipping in the Red Sea with connections to Israel.

Logistical and commercial support from some of the Gulf States and Jordan that have provided an overland route to Israel’s markets have to a degree cushioned Israel from the full impact of the closure. But the port is just one of Israel’s 46,000, mainly small businesses that have gone bankrupt, according to the daily Maariv, which referred to Israel as a “country in collapse.”

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https://www.wsws.org/en/articles/2024/07/26/amqd-j26.html