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.
Israel will face "a crushing response from the axis of resistance", Iran's Revolutionary Guards Commander Hossein Salami told Hezbollah Chief Hassan Nasrallah on Thursday according to state media, after attacks on Lebanese Hezbollah's communication devices.
Hossein Salami © ISP
Israel will face "a crushing response from the axis of resistance", Iran's Revolutionary Guards Commander Hossein Salami told Hezbollah Chief Hassan Nasrallah on Thursday according to state media, after attacks on Lebanese Hezbollah's communication devices.
The axis of resistance refers to Iran-aligned armed groups in the Middle East, including Lebanon's Hezbollah, Yemen's Houthis, and Iraq's Popular Mobilisation Forces.
Lebanon and Hezbollah have blamed Israel for the attacks on Tuesday and Wednesday that killed 37 people and wounded around 3,000, although Israel has not directly commented on the attacks, which security sources say were probably carried out by its Mossad spy agency.
"Such terrorist acts are undoubtedly the result of the Zionist regime's (Israel) despair and successive failures. This will soon be met with a crushing response from the axis of resistance and we will witness the destruction of this bloodthirsty and criminal regime," Salami said in his message to Nasrallah.
Iran and Israel often threaten each other with the destruction of their respective regimes, following decades of tensions which culminated in Iran directly launching drones and missiles on Israel last April, following a deadly Israeli strike on its embassy compound in Syria.
Nasrallah spoke on Thursday, saying the deadly attacks that blew up Hezbollah radios and pagers "crossed all red lines" and "could be called a declaration of war."
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.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.