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.
Israel is keeping up its war in Gaza but is also preparing for scenarios in other areas, Prime Minister Benjamin Netanyahu said on Thursday, amid concern that Iran was preparing to strike Israel in response for the killing of senior Iranian commanders.
Most Israeli troops have been pulled out of Gaza © Mena Today
Israel is keeping up its war in Gaza but is also preparing for scenarios in other areas, Prime Minister Benjamin Netanyahu said on Thursday, amid concern that Iran was preparing to strike Israel in response for the killing of senior Iranian commanders.
"Whoever harms us, we will harm them. We are prepared to meet all of the security needs of the State of Israel, both defensively and offensively," he said in comments released by his office following a visit to the Tel Nof air force base in southern Israel.
Israel has been bracing for possible Iranian retaliation for the killing of a senior general and six other Iranian officers in an airstrike on the Iranian embassy compound in Damascus on April 1.
Israel has not said it was responsible but Iran's supreme leader, Ayatollah Ali Khamenei, said on Wednesday Israel "must be punished and it shall be" for the attack.
Netanyahu made his comments as Israeli troops and warplanes started an operation in central Gaza overnight which the military said was aimed at destroying infrastructure of armed Palestinian groups.
Reporting by James Mackenzie and Nidal al-Mughrabi in Cairo
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.