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.
Britain's Maritime Trade Operations agency (UKMTO) on Sunday said that it has received reports of drone activity and a possible explosion in the Red Sea's Bab al-Mandab strait.
The incident is the latest in a series of attacks in Middle Eastern waters since war broke out between Israel and the Palestinian militant group Hamas
Britain's Maritime Trade Operations agency (UKMTO) on Sunday said that it has received reports of drone activity and a possible explosion in the Red Sea's Bab al-Mandab strait.
UKMTO said the drone activity originated from Yemen, and called on vessels in the vicinity to exercise caution.
Reuters wasn't immediately able to confirm the reports.
The incident is the latest in a series of attacks in Middle Eastern waters since war broke out between Israel and the Palestinian militant group Hamas on Oct. 7.
An Israeli-linked cargo ship was seized last month by the Houthi group, an ally of Iran which controls Yemen's Red Sea coast. The group had previously fired ballistic missiles and armed drones at Israel, and vowed to target more Israeli vessels.
There was no immediate comment from the Houthis on Sunday's incident.
Last week, a U.S. Navy warship responded to a distress call from an Israeli-managed commercial tanker in the Gulf of Aden that had been seized by armed individuals.
Reporting by Ahmed ElimamWriting by Aziz El YaakoubiEditing by David Goodman and Bernadette Baum
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.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.