Yossi Schwartz ISL (RCIT Section in Israel/Occupied Palestine) 08.08.2025
The Bank of Israel’s Composite Index, which predicts changes in Israel’s business output, began to decline in April, falling by 0.67 percent in June, the month during which the war with Iran was conducted. This is the sharpest decline in the index since October 2023. Growth forecasts for 2025 have shrunk as the criminal war in Gaza continues, in contrast to the expectation that the war would end in early 2025. The intense military confrontation with Iran over the course of 12 days in June, which caused a partial shutdown of the economy, made the picture even more pessimistic. The Bank of Israel’s Research Department’s forecast, published in early July, has already lowered its growth forecast for 2025 to 3.3 percent (a decline of 0.2 percentage points compared to the previous forecast). As reported by The Marker, the Finance Ministry’s Chief Economist Department is also expected to lower its annual growth forecast for 2025, apparently to a figure even lower than the Bank of Israel’s.
Already in April, the economy began to decline by 0.1 percent, a decline that worsened to about 0.2 percent in May. However, the events in June resulted in a 0.67% decrease in the economy. This is the sharpest decline since October 2023, when the Composite Index declined by 2.5 points. The declines in the indices that make up the Composite Index did not begin in June, but joined an earlier slowdown in some of the indices, including exports and imports, the volume of transactions in trade and services, and a decline in the volume of building starts.
Another figure that reflects the decline of the Zionist economy was included in the publication of the Central Bureau of Statistics’ Business Tendency Survey, published yesterday (Wednesday), which reflects the position of businesses in the economy regarding their economic situation. The overall balance sheet regarding the state of business in June, which reflects the attitudes of employers, declined by more than 20 percent, the sharpest decline since October 2023. The chief economist of Meitav Investment House, Alex Zabezhinsky, referred to the overall decline in the second quarter – a 0.9% decline – which had already occurred by June.
According to Zabezhinsky, “This decline reflects a weakening of the momentum of the recovery that was created after the end of the war in Lebanon. It seems that the optimism that arose after the war with Iran has also passed against the backdrop of the lack of progress toward ending the war in Gaza and the growing hostility toward Israel in the world. Without an end to the war in Gaza, the weakening of activity is expected to continue against the background of restrained fiscal and monetary policy and high uncertainty.”
Zabezhinsky notes that the fact that the leading markets and indices are weakening relative to global trends, as well as the trend of the shekel against the leading currencies, may indicate pessimistic sentiments among the public these days.
It will not be a great surprise to discover that these economists have been fired for their analyses.
As the economy continues to decline, more Israelis leave Israel. Seventy percent of workers are employed outside of Israel.
And as the economy of the Zionist monster is declining and the pessimism of many Israelis is growing, the government of Netanyahu and the mass propaganda are seeking whom to blame, they found the heretics responsible for the defeat and the isolation of Israel, and these are the artists who signed the petition against the war crimes of Israel.
Yesterday, Uri Mishgav wrote in Haaretz:
“The cycle of historical irony is coming to an end. In Germany in 1933, books were burned in city squares. Freud, Einstein, Heine, Brecht, Remarque, among others. For a week now, we have been dealing with artists who signed a petition and dared to be shocked by what was done in our name on the other side of the border.
The petition does not mention the army; in Israel, it is forbidden to attribute any negative or voluntary action to soldiers and commanders. From the cockpit, through the tank and armored personnel carrier, to the steering wheel of a D9 bulldozer – behind which the TV presenter Neve Dromi also sat with sparkling eyes this week on her way to “envelop Gaza” – the uniformed are seen as the pinnacle of creation. A combination of pure babies and fierce heroes with the level of angelic holiness (“Generation of Lions”). Therefore, the signatories have limited themselves to addressing only policy and conveying a basic humanistic message. which was once considered a moral minimum: harm to children and uninvolved civilians, destruction, expulsion, starvation.
But in Israel 2025, that’s too much. One by one, they are rolled in tar and feathers and taken to the town square. The signal for the witch hunt was given by a singer who was wounded in the war and is promoting a big show in the park and a documentary starring him. He called the signatories zero, detached, privileged. Chava Alberstein, who immigrated with her parents to the Sha’ar Haaliyah transit camp and has been filling halls all over the country for 60 years (contrary to the words of the ignorant and despicable Amit Segal). Gidi Gov He grew up in Eilat with his divorced mother and grew into one of the giants of Israeli rock. Riki Gal and Oshik Levy, Hannah Laszlo, and Shmuel Hasfari. And also Hemi Rodner and Yeheli Sobol.
There are also “liberals” who are spraying some fuel for the fire of their fellow campers (Aviv Geffen, Yair Lapid, Nir Dvori). And there are those who collapse and are forced to kneel in humiliating ceremonies of purification and forgiveness, run by the JNF (Olearchick) or “The Shadow” (Amdursky, who addressed the armed commissar from the alert squad with the nickname “Dear Yoav” on the Internet, and then signed with “Thank You, Yoav” and added hearts). And all of this has been grabbing headlines for many days.[i]“
Endnotes:
[i] https://www.haaretz.co.il/opinions/2025-08-07/ty-article-opinion/.highlight/00000198-7efe-d0ce-a5de-fffe16f70000