
© AHMAD GHARABLI/AFP/GettyImageNew cars are parked in the port of the southern Israeli city of Eilat, near the border with Egypt, on February 15, 2012
The Port of Eilat in southern Israel plans to lay off half of its workforce this week due to Houthi attacks on commercial ships in the Red Sea, its chief executive officer said on Sunday.
"Eilat Port is Israel's southern gateway to the Far East, Australia, and Africa," Gideon Golber told Israeli daily Maariv.
"All activity stopped because
ships could no longer pass in any direction to reach Eilat Port or travel towards Europe through the Suez Canal. Therefore, the port halted its operations and income stopped," he added.
Golber said the port will lay off 50% of its workers this week due to its economic losses.
According to Israeli daily Yedioth Ahronoth, the port
has incurred losses of 50 million shekels ($13.61 million).
Currently, approximately 120 people are employed at the port.
Comment: Israel's economy was floundering even before its stand down on Oct 7, and it evidently is trying to escalate its numerous war fronts. Which, taken together with other developments - not least its brazen crimes against humanity - leads one to conclude that the regional conflagration that it wishes to incite is far more important to its fanatical Greater Israel schemes than its economy:
Comment: Israel's economy was floundering even before its stand down on Oct 7, and it evidently is trying to escalate its numerous war fronts. Which, taken together with other developments - not least its brazen crimes against humanity - leads one to conclude that the regional conflagration that it wishes to incite is far more important to its fanatical Greater Israel schemes than its economy: