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.
Iran's elite Revolutionary Guards said on Tuesday they launched tens of missiles toward Israel and warned that if Israel retaliated Tehran's response would be "more crushing and destructive", Iranian state TV reported.
Projectiles fly in the sky after Iran fired a salvo of ballistic missiles at Israel amid ongoing hostilities between Hezbollah and Israeli forces, as seen from Tyre, southern Lebanon October 1, 2024. Reuters/Aziz Taher
Iran's elite Revolutionary Guards said on Tuesday they launched tens of missiles toward Israel and warned that if Israel retaliated Tehran's response would be "more crushing and destructive", Iranian state TV reported.
"After a period of restraint, Iran has targeted the heart of the occupied territories with tens of missiles following the martyrdom of (Hamas leader) Ismail Haniyeh ... the intensification of the Zionist regime's attacks on Lebanon and Gaza, the martyrdom of Hezbollah leader Hassan Nasrallah and (of) Guards Commander Abbas Nilforoushan."
A senior Iranian official told Reuters the missile launches were ordered by Supreme Leader Ayatollah Ali Khamenei, who has remained in a secure location since Israeli airstrikes on Beirut killed Nasrallah last week.
Tehran is "fully prepared" for an Israeli retaliation, the official added.
Reporting by Dubai Newsroom
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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