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 opened a western section of the Erez border crossing into Gaza for the first time on Sunday, to transfer humanitarian aid into the Strip, although construction there has not yet been completed.
Some 40 trucks are expected to cross during the day © ISP
Israel opened a western section of the Erez border crossing into Gaza for the first time on Sunday, to transfer humanitarian aid into the Strip, although construction there has not yet been completed.
Some 40 trucks are expected to cross through the border crossing during the day.
The Erez Crossing, often simply called the Erez border, is a pedestrian and cargo terminal on the Israel-Gaza Strip border. It's situated at the northern end of the Gaza Strip, near the Israeli village of Nir Am.
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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