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 said Wednesday that its first direct discussions with Lebanon in more than four decades were held in a “positive atmosphere,” raising cautious hopes for progress between the two countries, which remain technically at war.
The talks took place during a meeting of the ceasefire monitoring mechanism in southern Lebanon © Mena Today
Israel said Wednesday that its first direct discussions with Lebanon in more than four decades were held in a “positive atmosphere,” raising cautious hopes for progress between the two countries, which remain technically at war.
According to a statement from the office of Israeli Prime Minister Benjamin Netanyahu, the meeting “was conducted in a positive atmosphere, and it was agreed to develop ideas to promote potential economic cooperation between Israel and Lebanon.”
The statement also reiterated that the disarmament of Hezbollah remains “essential” from Israel’s perspective.
The talks took place during a meeting of the ceasefire monitoring mechanism in southern Lebanon, bringing together civilian officials from both sides. It marked the first direct encounter between Lebanese and Israeli representatives in over 40 years.
While no concrete agreements were announced, the fact that both countries described the meeting as constructive was widely noted as a rare diplomatic opening in a context long dominated by tension, conflict, and proxy confrontations.
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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