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.
Israeli President Isaac Herzog visited with his German counterpart Frank-Walter Steinmeier Kibbutz Be'eri, located near the border with Gaza.
President of Germany, Frank-Walter Steinmeier and his wife Elke, visited Kibbutz Be’eri with Isaac Herzog
Israeli President Isaac Herzog visited with his German counterpart Frank-Walter Steinmeier Kibbutz Be'eri, located near the border with Gaza.
Steinmeier announced that the German parliament will contribute 7 million euros for the reconstruction of the kibbutz art gallery.
"The ruins behind us are the silent testimony of what happened here. It is not easy to find the words to describe what we heard from those who know and those who witnessed the actions, murders, killings and rapes of Hamas here on October 7," he said.
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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