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 signalled readiness on the part of the country on Tuesday to enter another foreign-mediated Gaza truce.
Israel's President Isaac Herzog, Saul Loeb/Pool via Reuters/File Photo
Israeli President Isaac Herzog signalled readiness on the part of the country on Tuesday to enter another foreign-mediated Gaza truce in order to recover hostages held by Hamas and enable more aid to reach the besieged Palestinian enclave.
"Israel is ready for another humanitarian pause and additional humanitarian aid in order to enable the release of hostages," Herzog, whose public role is largely ceremonial, told a gathering of ambassadors, according to his office.
"And the responsibility lies fully with (Hamas leader Yahya) Sinwar and (other) Hamas leadership," he said.
Writing by Dan Williams
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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