War Budget Leaves Netanyahu Caught Between Markets and Politics https://www.bloomberg.com/news/articles/2023-11-12/israel-s-hamas-war-budget-leaves-netanyahu-caught-between-markets-and-politics
With Israel’s war against Hamas costing the economy around $260 million every day, payouts to ultra-orthodox schools and other causes championed by right-wingers in the ruling coalition have set off a reckoning for Prime Minister Benjamin Netanyahu. ... But the 43-year-old, who heads an ultra-nationalist party, also wants to maintain 1.2 billion shekels earmarked for a teacher pay bump at orthodox schools while moving ahead with more spending on settlements — financing he said is “necessary for protection” at a time when tensions in the West Bank are increasing.
