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.
Israel's national carrier El Al announced on Friday that it would be suspending its flights to and from South Africa until March.
A Boeing 777 from El Al Airlines © Mena Today
Israel's national carrier El Al announced on Friday that it would be suspending its flights to and from South Africa until March, in the wake of accusations made to the International Criminal Court in the Hague against Israel and amid a drip in demand.
The South African government has been openly hostile towards Israel, with its campaign intensifying since October 7th. Pretoria's stance includes strong support for Hamas and allegations of genocide against Israel in Gaza.
These harsh criticisms are not only directed at Israel but also serve as part of an internal political strategy. The ruling ANC is currently engaged in an election campaign.
While South African leaders have become more radical in recent months, the general population appears to be in support of Israel's anti-terrorism efforts.
The government's stance on the Israel-Palestine conflict has stirred controversy both domestically and internationally, highlighting the complexities of this long-standing issue.
By Sandra Yelen
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.