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 Palestinian Authority is working with U.S. officials on a plan to run Gaza after the war is over, Bloomberg News reported, citing Palestinian Prime Minister Mohammad Shtayyeh.
Palestinian Prime Minister Mohammad Shtayyeh Reuters/James Oatway
The Palestinian Authority is working with U.S. officials on a plan to run Gaza after the war is over, Bloomberg News reported, citing Palestinian Prime Minister Mohammad Shtayyeh.
The preferred outcome of the conflict would be for the Hamas militant group which controls Gaza to become a junior partner under the Palestinian Liberation Organization (PLO), helping to build a new independent state that includes the West Bank, Gaza and East Jerusalem, Ramallah-based Shtayyeh said in an interview to Bloomberg News on Thursday.
"If they (Hamas) are ready to come to an agreement and accept the political platform of the PLO, then there will be room for talk. Palestinians should not be divided," Shtayyeh said, adding that Israel's aim to fully defeat Hamas is unrealistic.
Israel has vowed to wipe out Iran-backed Hamas after the Islamist militants attacked Israeli towns and villages on Oct. 7, killing 1,200 people and dragging about 240 hostages back into Gaza, according to Israel's count.
More than 17,170 Palestinians have been killed and 46,000 wounded since Israel began bombarding Gaza in response to the cross-border rampage, according to the Gaza health ministry (Hamas).
Reporting by Baranjot Kaur in Bengaluru; Editing by Stephen Coates
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.
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