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.
Russia has repeatedly told Israel that there is no evidence Iran is aiming to get nuclear weapons, Sky News Arabia on Saturday quoted Russian President Vladimir Putin as saying in an interview.
Russia's President Vladimir Putin applauds during a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 20, 2025. Reuters/Anton Vaganov
Russia has repeatedly told Israel that there is no evidence Iran is aiming to get nuclear weapons, Sky News Arabia on Saturday quoted Russian President Vladimir Putin as saying in an interview.
"Russia, as well as the IAEA (International Atomic Energy Agency), has never had any evidence that Iran is preparing to obtain nuclear weapons, as we have repeatedly put the Israeli leadership on notice," Sky News Arabia quoted Putin as saying.
Russia is ready to support Iran in developing a peaceful nuclear programme, Putin was quoted as saying, adding that Iran has the right to do so.
Speaking at an economic forum in St. Petersburg on Friday, Putin said Russia was sharing its ideas on how to stop the bloodshed in the Iran-Israel conflict with both sides.
He did not give details of those ideas.
Editing by Tomasz Janowski and Mark Potter
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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