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.
Chinese President Xi Jinping and his French counterpart, Emmanuel Macron, reaffirmed their commitment to promoting a political settlement of the Iran nuclear issue.
French President Emmanuel Macron welcomes China's President Xi Jinping as he arrives for a meeting at the Elysee Palace in Paris as part of the Chinese president's two-day state visit in France, May 6, 2024. Reuters/Gonzalo Fuentes
Chinese President Xi Jinping and his French counterpart, Emmanuel Macron, reaffirmed their commitment to promoting a political settlement of the Iran nuclear issue, in a joint statement published by Chinese state media on Tuesday.
The leaders also called for the "concrete implementation" of a two-state solution in Israel and "condemned" Israel's policy of settlement-building in the West Bank.
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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