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.
Lebanese Prime Minister Nagib Mikati claimed on Tuesday that he had successfully persuaded "Lebanon's friends of the need to pressure Israel to prevent the situation from escalating into unforeseen consequences and repercussions," according to the Lebanese National News Agency.
Nagib Mikati © LNS
Lebanese Prime Minister Nagib Mikati claimed on Tuesday that he had successfully persuaded "Lebanon's friends of the need to pressure Israel to prevent the situation from escalating into unforeseen consequences and repercussions," according to the Lebanese National News Agency.
Tensions between Hezbollah and Israel have intensified following the Israeli military's killing of Hezbollah's military commander Fouad Chokor and several civilians in the southern suburbs of Beirut last Tuesday.
"The recent Israeli aggression in the southern suburbs has further complicated the situation and heightened fears of clashes that could plunge the situation into a full-scale war," Mikati said after meetings with "officials from friendly countries." He emphasized the importance of confidentiality in these discussions, suggesting that "quiet diplomacy is the most effective in the delicate circumstances" that Lebanon is currently facing.
"What I can disclose is that the series of meetings I held yesterday have helped convince Lebanon's friends of the need to pressure Israel to avoid a slide into unintended consequences and repercussions. This pressure is ongoing, and we hope it will yield satisfactory results in the shortest time possible."
However, Nagib Mikati appears to overlook a crucial fact: it was Hezbollah that initiated hostilities against Israel on October 8, provoking legitimate retaliatory actions by the Israeli army. The Lebanese Prime Minister might find it more prudent to urge the Shiite organization and its patron, Iran, to cease their attacks on Israeli territory.
By Antoine Khoury
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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