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.
The Israeli military said it "most likely" intercepted a missile launched from Yemen early on Wednesday, following alarms that sounded in several areas in Israel.
The Iran-backed Houthi movement, an armed group that has taken control of the most populous parts of Yemen, have been launching missiles and drones at Israel in solidarity with Palestinians © Mena Today
The Israeli military said it "most likely" intercepted a missile launched from Yemen early on Wednesday, following alarms that sounded in several areas in Israel.
Israel's national ambulance service Magen David Adom (MDA) said that no calls have been received regarding rocket impacts or casualties.
The Iran-backed Houthi movement, an armed group that has taken control of the most populous parts of Yemen, have been launching missiles and drones at Israel in solidarity with Palestinians over Israel's war against Hamas in Gaza.
Reporting by Enas Alashray
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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