No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, July 13, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Missile damage a fraction of 2025 fighting

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 3 mins read
A A
Missile damage a fraction of 2025 fighting
Share on FacebookShare on TwitterShare on LInkedIn


After 11-days of fighting, the Israel Tax Authority has received 9,115 claims for missile damage including 6,586 for damage to buildings, 1,044 for damage to contents and equipment, and 1,485 for damage to vehicles.

The difference between the extent of damage in the current round of fighting and the war last June is clearly evident. The number of claims after 11 days of fighting was similar to that recorded by the second day of the war last June. At that time, nearly 10,000 claims were filed with the Tax Authority’s compensation fund for property damage. On the fourth day, the number of claims almost doubled, reaching 18,800. By the end of the 12-day round of fighting, 53,409 claims were filed for direct damage, and compensation with NIS 2.9 billion paid out for direct damage.

Less missiles more sirens

The data show that, in relation to last year’s fighting, Iran has been firing less missiles, but concentrating its efforts on central Israel. According to the Institute for National Security Studies, while in June Iran launched about 1,600 missiles and drones, the number in this round of fighting so far is less than 600.

However, in the current operation the number of alerts has increased significantly. If in June the number of alerts was about 20,000 for missiles fired and infiltration of drones, today this figure has already reached about 42,000.

In addition, last June, there were numerous hits on towers that included many dozens of apartments and as a result dozens of damage claims. In the previous round of fighting against Iran, more buildings had to be demolished and rebuilt following the hits on them.

Cluster missiles instead of large warheads

Another difference that has been experienced so far between last year’s round of fighting and the current war is the extent of the damage. While direct damage from missile hits (as opposed to economic damage to businesses) last year reached about NIS 3 billion shekels. But the damage in the current campaign is estimated at several hundred million shekels (after 11 days of fighting).

The difference in the assessment of the damage lies in the nature of the buildings that were damaged. A number of luxury towers were damaged, the reconstruction of which and the restoration of the situation to their former state cost the state far more than residential towers of a normal or average standard. The restoration procedures for some of them are still in progress.

Yigal Govrin, chairman of the Israel Association of Engineers, explains why this time we saw fewer buildings in need of demolition. “In the previous campaign we saw missiles with large warheads of hundreds of kilograms, and each missile that was not intercepted and landed had the potential to destroy an entire building. These were definitely missiles that could take down buildings, and we saw several such hits. In this round the Iranians are sending cluster missiles, that is, warheads that scatter, each with much less explosives, so the chance of a building being completely destroyed is very small. There could be damage, but not to the level of destruction of buildings that would require demolition and rebuilding.”





RELATED ARTICLES




Developer buys missile-damaged Tel Aviv homes for NIS 61m


Comprehensive rebuilding of missile-hit areas nears approval


Iranian missile hits Holon housing slated for demolition






“On the other hand,” Govrin continues, “The large scatter is problematic. The potential for harm to people and property is greater, because it reaches more places. If a person is injured by the bomb or shrapnel, it can be very dangerous, as we saw yesterday in Yehud – the building did not collapse, but the workers were injured by shrapnel. But damage that requires demolition will be very rare. In terms of preserving life, it is very important to protect yourself and stay in a protected area because the damage from the shell and shrapnel remains the same.”

To date, the most damage reported to the Tax Authority’s hotline, has been in Tel Aviv where 4,609 damage claims have been filed. At the Ashkelon office of the Tax Authority, which handles the Beit Shemesh and Beersheva areas, 3,664 claims have been filed. In the Jerusalem office 181 claims have been filed, in Akko 494, and in Tiberias 167.

Published by Globes, Israel business news – en.globes.co.il – on March 10, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: damageFightingfractionmissile
ShareTweetShare
Previous Post

Eileen Gu and Alysa Liu: 2 Olympians, 2 Californians, 2 countries

Next Post

The Due Diligence Item That Makes or Breaks Cash Flow After Closing

Related Posts

edit post
BioMarin sNDA seeking full Voxzogo approval accepted by FDA

BioMarin sNDA seeking full Voxzogo approval accepted by FDA

by TheAdviserMagazine
July 13, 2026
0

An sNDA filed by BioMarin Pharmaceutical (BMRN) seeking full approval of its achondroplasia treatment Voxzogo (vosoritide) has been accepted by...

edit post
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

by TheAdviserMagazine
July 13, 2026
0

SK Hynix's US-listed shares fell nearly 8% in early trade on Monday, giving up part of Friday’s strong debut gains...

edit post
U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

by TheAdviserMagazine
July 13, 2026
0

The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle...

edit post
Prediction: XRP Will Lose 50% of Its Value — Here’s Why

Prediction: XRP Will Lose 50% of Its Value — Here’s Why

by TheAdviserMagazine
July 13, 2026
0

XRP (CRYPTO: XRP) trades around $1.10 today. That's down close to 50% over the last six months despite billions of...

edit post
Redis to lay off 80 in Israel

Redis to lay off 80 in Israel

by TheAdviserMagazine
July 13, 2026
0

Israeli software company Redis is embarking on a major round of layoffs in Israel. "Globes" has learned that the...

edit post
Biggest stock movers Monday: Chip stocks, and more

Biggest stock movers Monday: Chip stocks, and more

by TheAdviserMagazine
July 13, 2026
0

Jul 13, 2026, 5:32 AM ETAMD, STX, WDC, NVDA, MU, SSNLF, SNDK, SKHYBy: Niloofer Shaikh, SA News EditorStock futures inched...

Next Post
edit post
The Due Diligence Item That Makes or Breaks Cash Flow After Closing

The Due Diligence Item That Makes or Breaks Cash Flow After Closing

edit post
Rothbard’s Defense of Border Control

Rothbard’s Defense of Border Control

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

0
edit post
A July rate hike from the Fed? The odds are rising

A July rate hike from the Fed? The odds are rising

0
edit post
From Sawdust to Paw Patrol: The Spin Master Story (with Ronnen Harary)

From Sawdust to Paw Patrol: The Spin Master Story (with Ronnen Harary)

0
edit post
How a zeroed oracle signature unlocked M from Hedera DeFi lender Bonzo Lend

How a zeroed oracle signature unlocked $9M from Hedera DeFi lender Bonzo Lend

0
edit post
BioMarin sNDA seeking full Voxzogo approval accepted by FDA

BioMarin sNDA seeking full Voxzogo approval accepted by FDA

0
edit post
U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

0
edit post
A July rate hike from the Fed? The odds are rising

A July rate hike from the Fed? The odds are rising

July 13, 2026
edit post
How a zeroed oracle signature unlocked M from Hedera DeFi lender Bonzo Lend

How a zeroed oracle signature unlocked $9M from Hedera DeFi lender Bonzo Lend

July 13, 2026
edit post
BioMarin sNDA seeking full Voxzogo approval accepted by FDA

BioMarin sNDA seeking full Voxzogo approval accepted by FDA

July 13, 2026
edit post
Vaseline Original Petroleum Jelly, 13 Oz Jar only .73 shipped!

Vaseline Original Petroleum Jelly, 13 Oz Jar only $2.73 shipped!

July 13, 2026
edit post
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

July 13, 2026
edit post
Important Step to Becoming a 7-Figure Trader

Important Step to Becoming a 7-Figure Trader

July 13, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • A July rate hike from the Fed? The odds are rising
  • How a zeroed oracle signature unlocked $9M from Hedera DeFi lender Bonzo Lend
  • BioMarin sNDA seeking full Voxzogo approval accepted by FDA
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.