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.
Egypt confirmed that it had put forward a framework proposal to end the conflict between Israel and Hamas in the Gaza Strip that includes three stages ending with a ceasefire, and said it was awaiting responses on the plan.
Diaa Rashwan, Head of Egypt's Press Syndicate and chairman of the State Information Service (SIS), Reuters/Amr Abdallah Dalsh
Egypt confirmed that it had put forward a framework proposal to end the conflict between Israel and Hamas in the Gaza Strip that includes three stages ending with a ceasefire, and said it was awaiting responses on the plan.
Egypt would give further details of the plan once those responses are received, Diaa Rashwan, head of Egypt's State Information Service, said in a statement.
The proposal is an attempt "to bring viewpoints between all concerned parties closer, in an effort to stop Palestinian bloodshed and the aggression against the Gaza Strip and restore peace and stability to the region," he said.
Egyptian security sources had previously said the proposal included a multi-stage ceasefire involving prisoner releases by Israel and Hamas. One Egyptian source said the idea of a post-war Gaza administration was raised.
Reporting by Aidan Lewis, Editing by William Maclean and Angus MacSwan
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.
Turkish Foreign Minister Hakan Fidan on Wednesday met with Hamas political bureau officials in Ankara to discuss the ceasefire in Gaza and advancing the agreement to its second phase, a Turkish Foreign Ministry source said.
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.