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 Prime Minister Benjamin Netanyahu held a discussion with U.S. President Joe Biden regarding ongoing progress in negotiations aimed at securing the release of hostages held in the Gaza Strip, according to an official statement from Netanyahu's office.
Joe Biden © Mena Today
Israeli Prime Minister Benjamin Netanyahu held a discussion with U.S. President Joe Biden regarding ongoing progress in negotiations aimed at securing the release of hostages held in the Gaza Strip, according to an official statement from Netanyahu's office.
The statement confirmed that the two leaders addressed advancements in the diplomatic efforts to free the hostages. "The Prime Minister discussed with the U.S. President the progress in the negotiations for the release of our hostages and informed him of the mandate he has given to the negotiating team in Doha, aimed at advancing the release of the hostages," the statement read.
The conversation highlights the continued collaboration between Israel and the United States in navigating the complex negotiations, with Qatar playing a key role as a mediator in the talks taking place in its capital, Doha.
Details of the negotiation strategy or the specific progress made were not disclosed, reflecting the sensitive nature of the ongoing discussions.
Both leaders reaffirmed their commitment to resolving the hostage situation and emphasized the importance of diplomatic channels to secure the safe release of those detained in Gaza.
This development comes amid heightened tensions in the region, with international stakeholders closely monitoring the situation and urging for a peaceful resolution.
Further updates on the negotiation process are expected as discussions continue.
By Andrea Shalal
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.
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