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.
President Joe Biden has directed the U.S. military to aid Israel’s defense against Iranian attacks and shoot down missiles targeting Israel, the White House National Security Council said on Tuesday.
President Joe Biden © Mena Today
President Joe Biden has directed the U.S. military to aid Israel’s defense against Iranian attacks and shoot down missiles targeting Israel, the White House National Security Council said on Tuesday.
Biden and U.S. Vice President Kamala Harris are monitoring the attack from the White House situation room and receiving regular updates, NSC spokesperson Sean Savett said in a post on X.
Reporting by Trevor Hunnicutt and Costas Pitas
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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