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.
Syrian air defences on Thursday shot down Israeli missiles fired from the Golan Heights towards Damascus' outskirts targeting a building in the countryside, Syria's defence ministry said.
The Druze village of Majdal Shams at the border between Israel and Syria © Mena Today
Syrian air defences on Thursday shot down Israeli missiles fired from the Golan Heights towards Damascus' outskirts targeting a building in the countryside, Syria's defence ministry said.
Israel has been carrying out strikes against Iran-linked targets in Syria for years but has ramped up such raids since the Oct. 7 attack by Palestinian armed group Hamas on Israeli territory.
On April 1, an Israeli strike targeted the Iranian embassy compound in Damascus, killing a senior commander in Iran’s Revolutionary Guards Corps as well as other military officers, triggering Iran’s first direct attack onto Israeli territory.
Israel has also been trading fire across its northern border with Lebanese armed group Hezbollah.
Reporting by Tala Ramadan
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 Christian community of Damascus, still mourning a suicide bombing that killed 25 people in June, is celebrating Christmas under heavy security as uncertainty looms over Syria’s political future.
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.
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