Israeli Cabinet Approves $2.8 Billion Budget for Potential Strike against Iran

The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)
The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)
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Israeli Cabinet Approves $2.8 Billion Budget for Potential Strike against Iran

The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)
The Israeli army conducted exercises in the Golan Heights on Feb. 15 (AFP)

The Israeli government approved a multiyear draft general budget, to include an increase by around USD2.8 billion for a potential strike against Iran, following 36 hours of deliberations.

Prime Minister Benjamin Netanyahu boasted of approving the budget, saying that an agreement was reached on a multi-year plan for the security services and the army.

He pointed to the importance of the agreement, which he said was made unanimously with Defense Minister Yoav Gallant and Finance Minister Bezalel Smotrich, “with a little help on my part.”

Netanyahu explained that the budget would bring about a change in the course of military service, and in rewarding soldiers for service. He said that it would provide the appropriate financial reward for soldiers and officers, while shortening the period of service in order to reduce the period of engagement in the labor market, which he said constituted a tremendous change for Israel’s security and for the Israeli economy.

The budget approval comes two days after Ted Colbert, president and CEO of Boeing Defense, Space & Security, announced in Tel Aviv that Israel had requested the purchase of 50 F-15EX aircraft, and the modernization of all F-15 fighters.

Israel is planning to ask the US to sell its new 5,000 pound GBU-72 bomb to the Israeli army. The bomb weighs 5,000 pounds and can be used to strike underground Iranian nuclear sites.

The Israeli army had obtained USD1.5 billion in the 2021 budget to purchase weapons for the possible war with Iran. This year, it requested an additional USD3 billion, of which it obtained USD2.8 billion.



Lawyer: South Korea's Yoon to Accept Court Decision Even if it Ends Presidency

Yoon Kab-keun, lawyer for South Korea's impeached President Yoon Suk Yeol, attends a press conference in Seoul on January 9, 2025. (Photo by JUNG YEON-JE / AFP)
Yoon Kab-keun, lawyer for South Korea's impeached President Yoon Suk Yeol, attends a press conference in Seoul on January 9, 2025. (Photo by JUNG YEON-JE / AFP)
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Lawyer: South Korea's Yoon to Accept Court Decision Even if it Ends Presidency

Yoon Kab-keun, lawyer for South Korea's impeached President Yoon Suk Yeol, attends a press conference in Seoul on January 9, 2025. (Photo by JUNG YEON-JE / AFP)
Yoon Kab-keun, lawyer for South Korea's impeached President Yoon Suk Yeol, attends a press conference in Seoul on January 9, 2025. (Photo by JUNG YEON-JE / AFP)

South Korean President Yoon Suk Yeol will accept the decision of the Constitutional Court that is trying parliament's impeachment case against him, even if it decides to remove the suspended leader from office, his lawyer said on Thursday.
"So if the decision is 'removal', it cannot but be accepted," Yoon Kab-keun, the lawyer for Yoon, told a news conference, when asked if Yoon would accept whatever the outcome of trial was.
Yoon has earlier defied the court's requests to submit legal briefs before the court began its hearing on Dec. 27, but his lawyers have said he was willing to appear in person to argue his case.
The suspended president has defied repeated summons in a separate criminal investigation into allegations he masterminded insurrection with his Dec. 3 martial law bid.
Yoon, the lawyer, said the president is currently at his official residence and appeared healthy, amid speculation over the suspended leader's whereabouts.
Presidential security guards resisted an initial effort to arrest Yoon last week though he faces another attempt after a top investigator vowed to do whatever it takes to break a security blockade and take in the embattled leader.
Seok Dong-hyeon, another lawyer advising Yoon, said Yoon viewed the attempts to arrest him as politically motivated and aimed at humiliating him by bringing him out in public wearing handcuffs.