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 has moved in a "significant way" but Hamas is the barrier to a deal that would see fighting in Gaza paused and hostages released, State Department spokesperson Matthew Miller said on Monday.
An Israeli military vehicle manoeuvres, near the Israel-Gaza border, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Israel, April 15, 2024. Reuters/Amir Cohen
Israel has moved in a "significant way" but Hamas is the barrier to a deal that would see fighting in Gaza paused and hostages released, State Department spokesperson Matthew Miller said on Monday.
Hamas rejected the latest proposal for a deal and has said any new hostage deal must bring about an end to the Gaza war and withdrawal of all Israeli forces.
"Israel moved a significant way in submitting that proposal. And there was a deal on the table that would achieve much of what Hamas claims it wants to achieve, and they have not taken that deal," Miller told a press briefing.
The United States is still pursuing a deal that would allow for a ceasefire lasting at least six weeks and allow more aid into Gaza, Miller added.
Reporting by Humeyra Pamuk, Ismail Shakil and Simon Lewis
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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