Israel
Israel’s economy: A Banana Republic run by monopolies
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
A controversial private company distributing aid in Gaza, backed by the U.S. and Israel, had yet to reopen its distribution sites in the enclave by mid-morning on Thursday, a day after shutting them following a series of deadly shootings close to its operations.
The Foundation is responsible for distributing aid in the enclave © Mena Today
A controversial private company distributing aid in Gaza, backed by the U.S. and Israel, had yet to reopen its distribution sites in the enclave by mid-morning on Thursday, a day after shutting them following a series of deadly shootings close to its operations.
The U.S.-based Gaza Humanitarian Foundation had said on Wednesday that its sites would not reopen at their usual time due to maintenance and repair work. It did not say when the locations would reopen.
Reporting by Nidal Al Mughrabi in Cairo and Alexander Cornwell in Jerusalem
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
Israeli Prime Minister Benjamin Netanyahu accused Hamas on Wednesday of violating the Gaza ceasefire agreement after a military officer was wounded by an explosive device in Rafah and Israel vowed retaliation.
Turkish Foreign Minister Hakan Fidan on Wednesday met with Hamas political bureau officials in Ankara to discuss the ceasefire in Gaza and advancing the agreement to its second phase, a Turkish Foreign Ministry source said.
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