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.
Warning sirens sounded in Israel's economic capital Tel Aviv on Wednesday as a single surface-to-surface missile was intercepted by air defence systems after it was detected crossing from Lebanon, the Israeli military said.
Tel Aviv © Mena Today
Warning sirens sounded in Israel's economic capital Tel Aviv on Wednesday as a single surface-to-surface missile was intercepted by air defence systems after it was detected crossing from Lebanon, the Israeli military said.
There were no reports of damage or casualties and the military said there was no change to civil defence instructions for central Israel.
The warning sirens also sounded in other areas of central Israel, including the city of Netanya.
The Iranian-backed Hezbollah movement in Lebanon fired hundreds of missiles and rockets at Israel in recent days as months of conflict across the border with southern Lebanon has intensified sharply.
The Israeli military has been conducting its heaviest air strikes of the war this week, targeting Hezbollah leaders and hitting hundreds of targets deep inside Lebanon that have killed more than 500 of people and wounded more than 1,800.
On Tuesday, a strike in Beirut killed senior Hezbollah commander Ibrahim Qubaisi, who headed the group's missile and rocket force.
Reporting by James Mackenzie
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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