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.
A senior Israeli official said on Monday Israel's cabinet would meet on Tuesday to approve a ceasefire deal with Hezbollah, and a Lebanese official said Beirut had been told by Washington that an accord could be announced "within hours".
Israeli officials had said earlier that a deal to end the war was getting closer though some issues remained © Mena Today
A senior Israeli official said on Monday Israel's cabinet would meet on Tuesday to approve a ceasefire deal with Hezbollah, and a Lebanese official said Beirut had been told by Washington that an accord could be announced "within hours".
Israeli officials had said earlier that a deal to end the war was getting closer though some issues remained, while two senior Lebanese officials voiced guarded optimism even as Israeli strikes pounded Lebanon anew.
U.S. news website Axios, citing an unnamed senior U.S. official, said Israel and Lebanon had agreed to the terms of a deal, and a senior Israeli official told Reuters Tuesday's meeting was intended to approve it.
Israel's ambassador to the United Nations, Danny Danon, said Israel would maintain an ability to strike southern Lebanon under any agreement.
Israeli Prime Minister Benjamin Netanyahu's office declined to comment on the Axios report.
By Maayan Lubell and Laila Bassam
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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