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.
U.S. President Donald Trump on Sunday issued what he called his "last warning" to Hamas, urging the Palestinian militant group to accept a deal to release hostages from Gaza.
U.S. President Donald Trump salutes as he disembarks Air Force One upon his arrival at La Guardia Airport in New York for the U.S. Open men's tennis final, U.S., September 7, 2025. Reuters/Evelyn Hockstein
U.S. President Donald Trump on Sunday issued what he called his "last warning" to Hamas, urging the Palestinian militant group to accept a deal to release hostages from Gaza.
"The Israelis have accepted my Terms. It is time for Hamas to accept as well," Trump said in a post on his Truth Social platform. "I have warned Hamas about the consequences of not accepting. This is my last warning, there will not be another one!"
Israel's N12 News reported on Saturday that Trump has put forth a new ceasefire proposal to Hamas.
Under the deal, Hamas would free all the remaining 48 hostages on the first day of the truce in exchange for thousands of Palestinian prisoners jailed in Israel and negotiate an end to the war during a ceasefire in the enclave, according to N12.
An Israeli official said Israel was "seriously considering" Trump's proposal but did not elaborate on its details.
Reporting by Jasper Ward in Washington and Maayan Lubell in Jerusalem
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.
Turkish Foreign Minister Hakan Fidan on Wednesday met with Hamas political bureau officials in Ankara to discuss the ceasefire in Gaza and advancing the agreement to its second phase, a Turkish Foreign Ministry source said.
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