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.
In light of escalating violence along the Israel-Lebanon border, China has called on its citizens in Israel to leave the country "as soon as possible.
"The security situation in Israel remains serious, complex, and volatile" © Mena Today
In light of escalating violence along the Israel-Lebanon border, China has called on its citizens in Israel to leave the country "as soon as possible.
" The Chinese Embassy in Tel Aviv issued a statement urging Chinese nationals either to return to China or seek shelter in a safe location.
"The situation along the Israel-Lebanon border is currently very tense, with frequent military clashes, and the security situation in Israel remains serious, complex, and volatile," the embassy warned in its statement.
This marks a shift in China’s stance, as previous advisories had called on its citizens to exercise heightened caution rather than leave the country.
It should be noted that China has significant economic interests in Israel while also being a close ally of Iran. Beijing is playing on all fronts.
By Antoine Khoury
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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