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.
Saudi state TV said on Tuesday that the kingdom had officially begun its membership of the BRICS bloc.
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates © Mena Today
Saudi state TV said on Tuesday that the kingdom had officially begun its membership of the BRICS bloc.
Saudi Arabia's foreign minister had said in August that the kingdom would study the details before the proposed Jan. 1 joining date and take "the appropriate decision."
Prince Faisal bin Farhan had said BRICS was "a beneficial and important channel" to strengthen economic cooperation.
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates.
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 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.
Prince Faisal bin Farhan, Foreign Minister of Saudi Arabia, met on Monday with Sayyid Badr bin Hamad Al-Busaidi, FM of Oman, to review bilateral relations and discuss regional and international developments.
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