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 European Union needs to continue its diplomatic dialogue with Israel amid tensions in the Middle East, Dutch foreign Caspar Veldkamp said on Monday, disagreeing with the EU's top diplomat who proposed to pause the dialogue with the country.
Josep Borrell © Menav Today
The European Union needs to continue its diplomatic dialogue with Israel amid tensions in the Middle East, Dutch foreign Caspar Veldkamp said on Monday, disagreeing with the EU's top diplomat who proposed to pause the dialogue with the country.
European Union foreign policy chief Josep Borrell last week proposed that the bloc suspend its political dialogue with Israel, citing possible human rights violations in the war in Gaza, according to four diplomats and a letter seen by Reuters.
Josep Borrell, who has always been very hostile toward Israel, will leave his position at the end of the month.
Reporting by Tassilo Hummel
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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