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.
Israeli Prime Minister Benjamin Netanyahu on Sunday repeated calls for Iran's entire nuclear infrastructure to be dismantled, as Washington and Tehran engage in talks for a nuclear accord.
Israeli Prime Minister Benjamin Netanyahu attends a ceremony marking the annual Holocaust Remembrance Day, at Yad Vashem Holocaust Memorial in Jerusalem, April 24, 2025. Maya Alleruzzo/Reuters
Israeli Prime Minister Benjamin Netanyahu on Sunday repeated calls for Iran's entire nuclear infrastructure to be dismantled, as Washington and Tehran engage in talks for a nuclear accord.
The United States and Iran have so far held three rounds of indirect talks, mediated by Gulf state Oman, aimed at sealing a deal that would block Tehran from acquiring a nuclear weapon but also lift crippling economic sanctions imposed by Washington.
After talks in Rome earlier this month, Oman said that the U.S. and Iran were pursuing an accord that would see Tehran "completely free" of nuclear weapons and sanctions but "maintaining its ability to develop peaceful nuclear energy."
Netanyahu said the only "good deal" would be one that removed "all of the infrastructure" akin to the 2003 agreement that Libya made with the West that saw it give up its nuclear, chemical, biological and missile programmes.
Israeli officials have long vowed to prevent Tehran from acquiring nuclear weapons, an assertion Netanyahu repeated.
Israel has not ruled out attacking Iran's nuclear facilities in the coming months despite President Donald Trump telling Netanyahu that the U.S. was for now unwilling to support such an operation, Reuters reported on April 19, citing an Israeli official and two other sources familiar with the matter.
Netanyahu, speaking late on Sunday in Jerusalem, said that he had told Trump that any nuclear agreement reached with Iran should also prevent Tehran from developing ballistic missile.
An Iranian official told Reuters this month that Tehran saw its missile programme as the main sticking point in U.S. talks.
Iran in April 2024 and again in October 2024 attacked Israel with drones, ballistic missiles and cruise missiles after Israel had killed Iranian generals and officials from Iranian proxies.
"We are in close contact with the United States. But I said, one way or the other, Iran will not have nuclear weapons," Netanyahu said at a conference organised by the Jewish News Syndicate, referring to a conversation he had with Trump.
Reporting by Alexander Cornwell
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.
Israeli Defence Minister Israel Katz said on Tuesday that the military would never fully withdraw from the Gaza Strip for security reasons and that a civilian-military army unit would be established in the Palestinian enclave.
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