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 struck the Yemeni capital Sanaa on Wednesday, Houthi-run Al Masirah TV said, in an attack that witnesses said targeted the Houthi defence ministry.
Smole billows following an Israeli air strike in Sanaa, Yemen, September 10, 2025. Reuters/Khaled Abdullah
Israel struck the Yemeni capital Sanaa on Wednesday, Houthi-run Al Masirah TV said, in an attack that witnesses said targeted the Houthi defence ministry.
Israeli media said Israel was carrying out strikes on Yemen but there was no immediate comment from the Israeli military.
Sanaa residents told Reuters the attack was on a hideout between two mountains that is used as a command and control headquarters. The extent of any damage was not immediately clear.
Israeli army radio said that among the targets of the attack were the Houthi headquarters and military camps.
The strikes are the latest in more than a year of attacks and counterstrikes between Israel and Houthi militants in Yemen, part of a spillover from the war in Gaza.
The Iran-aligned Houthis have attacked vessels in the Red Sea in what they describe as acts of solidarity with the Palestinians in Gaza.
They have also fired missiles towards Israel, most of which have been intercepted. Israel has responded with strikes on Houthi-controlled areas of Yemen, including the vital Hodeidah port.
Reporting by Yomna Ehab, Jaidaa Taha, Jana Choukeir and Mohammed Ghobari
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.