Some weeks ago, I wrote an article in Blitz, which was comprehensively shared on all major social media platforms, describing how Iranian political and military investments had fared so poorly and were all on the brink of bankruptcy.
Years of financial, political, and military support and investment for terrorist proxies have been virtually wiped away since the events of October 7.
For the first time in decades, Hezbollah, Palestinian Islamic Jihad, Hamas, and obviously Asaad’s Syrian army no longer pose a military threat to Israel, prior to the atrocities Hamas embarked on at the Nova music festival.
The Houthis in Yemen fire the occasional yet ineffective missile into Israel at Iran’s request, but have had their military capabilities severely dented.
And what of the Iranian threat? Bluster and rhetoric in abundance but they too have suffered an overwhelming military defeat despite the best efforts of their and their supporters’ propaganda output to quash the facts.
Exacerbating the severity of Iran’s failed investment portfolio have been the very recent actions of both the Lebanese and Syrian governments, who both understand that their domestic interests are best served by disarming those groups hostile to Israel, which had previously operated without challenge from both inside Lebanon and Syria.
For the first time in decades, the Lebanese government are …
About Peter Baum
Peter Baum, Editor International Political Affairs at Blitz, is a researcher who writes extensively on Israel, the Holocaust, Zionism, the Middle East, Anti-Semitism, and other geopolitical issues. Peter Baum has worked for 4 decades in International Finance, specializing in capital markets. He held directorships at large International Financial Institutions. He ended his career as an equity partner and consultant to an Investment Management company, and was previously a member of the Institute of Directors. He has worked extensively in Asia, Africa, the USA, and Europe, and now, retired, spends his time as a political researcher, activist, and columnist.
Peter has been a frequent contributor to multiple platforms, including Decisive Liberty…