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.
One person was killed and four were wounded in a stabbing attack at a bus station in the city of Haifa, Israel's ambulance service said, in what police described as a terrorist attack.
Israeli police guard the area where a suspected stabbing attack took place in Haifa, Israel March 3, 2025. Reuters/Rami Shlush
One person was killed and four were wounded in a stabbing attack at a bus station in the city of Haifa, Israel's ambulance service said, in what police described as a terrorist attack.
Security guards shot and killed the assailant, a police spokesperson said. It was not immediately clear whether the man killed was stabbed by the assailant or shot by the guards.
Police said that the assailant was an Israeli citizen from a nearby Arab Druze town who had returned from abroad in May and that the attack was still being investigated.
Palestinian militant group Hamas praised the attack but did not claim it.
Reporting by Avi Ohayon
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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