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.
Pope Leo XIV on Wednesday appealed for Israel to allow humanitarian aid to enter Gaza, calling the situation in the Palestinian enclave "yet more worrying and saddening".
Pope Leo XIV waves on the day of his first general audience in St. Peter's Square at the Vatican, May 21, 2025. Reuters/Yara Nardi
Pope Leo XIV on Wednesday appealed for Israel to allow humanitarian aid to enter Gaza, calling the situation in the Palestinian enclave "yet more worrying and saddening".
"I renew my fervent appeal to allow for the entry of fair humanitarian help and to bring to an end the hostilities, the devastating price of which is paid by children, the elderly and the sick," the pope said during his weekly general audience in St. Peter's Square.
Leo, the former Cardinal Robert Prevost, was elected the leader of the Catholic Church on May 8 to succeed the late Pope Francis. He has mentioned the situation in Gaza several times in the first weeks of his papacy.
In his first Sunday message on May 11, the new pope called for an immediate ceasefire and for the release of all Israeli hostages held by militant group Hamas.
Israel said on Monday that it would allow aid to enter Gaza after an 11-week blockade on the enclave, but the United Nations said no help had been distributed as of Tuesday.
Israel has said its blockade is aimed in part at preventing Palestinian militants from diverting and seizing aid supplies.
Reporting by Joshua McElwee
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