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.
Israeli Defence Minister Israel Katz said on Wednesday that Israel had pressured Hamas to the extent that a hostage deal with the Iranian-backed group might be possible.
Israeli Defence Minister Israel Katz © X
Israeli Defence Minister Israel Katz said on Wednesday that Israel had pressured Hamas to the extent that a hostage deal with the Iranian-backed group might be possible.
Speaking to soldiers at an air force base in central Israel, Katz said that due to increasing military pressure, "there is a chance that this time we will really be able to advance a hostage deal".
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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