Video: Iranian Missiles Hit Israel - Rupiah Under Pressure as Layoffs Loom

Tensions between Iran and Israel have escalated once again after the Islamic Revolutionary Guard Corps (IRGC) launched approximately 10 to 11 ballistic missiles towards Israel, marking the first direct attack since a fragile ceasefire was established last April. This strike is reportedly a response to Israeli attacks targeting the Beirut region in Lebanon. Meanwhile, the weakening of the Rupiah, which has touched the level of Rp 18,000 per USD, has sparked concerns within the business community. Several industry players have admitted to accelerating efficiency measures, including layoffs, to preserve company cash flow amidst economic pressures that show no signs of easing.