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 Wall Street Journal reported Wednesday that, according to Arab mediators, negotiations between Israel and Hamas over the release of the hostages have once again reached a dead end.
The Biden administration has expressed frustration with the situation © Mena Today
The Wall Street Journal reported Wednesday that, according to Arab mediators, negotiations between Israel and Hamas over the release of the hostages have once again reached a dead end.
According to the report, this is because the terrorist organization has once again insisted on its demand that Israel commit to an immediate complete cease-fire.
It was also reported that the Biden administration has expressed frustration with the situation, and it seems that no deal is expected until Donald Trump enters the White House.
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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