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.
The Israeli government has announced plans for the return of northern residents to their homes starting March 1, provided the fragile ceasefire between Israel and Hezbollah holds.
The Israeli town of Metula, located directly on the border with Lebanon © Mena Today
The Israeli government has announced plans for the return of northern residents to their homes starting March 1, provided the fragile ceasefire between Israel and Hezbollah holds.
Over 60,000 people fled the region more than a year ago due to escalating violence and ongoing tensions.
The decision to facilitate the return is contingent on the ceasefire's stability. While the truce has temporarily reduced hostilities, officials remain cautious about the volatile situation. "Nothing is certain," a government spokesperson stated, highlighting the risks posed by Hezbollah's unpredictable actions along the border.
The residents of northern Israel, displaced by the conflict, have faced significant challenges over the past year. Many have expressed hope for a return to normalcy but remain wary of renewed violence. The government's announcement brings both optimism and uncertainty, as the region continues to navigate the delicate balance between peace and security.
While March 1 marks a potential turning point for displaced families, the final decision rests on maintaining calm along the northern border.
As international mediators work to solidify the ceasefire, the region's future remains uncertain, underscoring the fragile nature of the current peace.
By Eli Nakim
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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