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 war cabinet member Benny Gantz said on Wednesday there were "promising early signs of progress" on a new deal to release hostages from Gaza amid regional talks to secure a pause in the war.
Israeli Emergency cabinet minister and opposition politician Benny Gantz, Reuters/Evelyn Hockstein
Israeli war cabinet member Benny Gantz said on Wednesday there were "promising early signs of progress" on a new deal to release hostages from Gaza amid regional talks to secure a pause in the war.
"There are ongoing attempts to promote a new hostage deal and there are promising early signs of possible progress," Gantz said in a televised press briefing. "We will not stop looking for a way and we will not miss any opportunity to bring our girls and boys home."
But he added that if no new deal were struck, the Israeli military would keep fighting in Gaza even into the Muslim holy month of Ramadan, which begins next month.
"If a new hostage deal is not achieved, we will continue operating also during Ramadan," he said.
Reporting by Henriette Chacar
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.
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.