Bloomberg Businessweek
Israel at War After Unprecedented Intelligence Failure
Oct 9, 2023
Former Deputy Assistant Secretary of Defense for the Middle East Mick Mulroy, Senior Fellow at the Atlantic Council Dr. Ariel Cohen, Israel's former Ambassador to the United Nations Danny Danon, Head of Macro Strategy at Academy Securities Peter Tchir, and Major General Mastin Robeson discuss the ongoing conflict in Israel, including the intelligence failure, potential involvement of Iran, and Israel's response. They explore Israel's strategy to dismantle the command structures of Hamas and Palestinian Islamic Jihad, the emotional stress faced by the people of Israel, and potential geopolitical responses and alliances.
46:21
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Quick takeaways
- The recent conflict in Israel highlights significant intelligence failure and the potential for escalation with regional actors like Iran and Hezbollah.
- Despite the conflict, the market remains resilient, with equities rallying due to dovish comments from Federal Reserve officials and the expectation of a delay in rate hikes.
Deep dives
Israel faces surprise Hamas attack
Israel has been taken by surprise as Hamas militants launched a series of attacks, infiltrating military bases and causing significant damage. The intelligence failure and security architecture's response have been widely criticized, but the Israeli government is determined to regain confidence and take strong action against Hamas. The situation is a cause for concern as it could potentially escalate and draw in other regional actors, such as Iran and Hezbollah. The US has sent a naval fleet to the Mediterranean as a show of support, but the extent of its involvement beyond that remains uncertain.
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