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.
Iran and Israel will have peace "soon", U.S. President Donald Trump said in a social media post on Sunday, adding that there were many unspecified meetings happening and that the two countries should make a deal.
President Donald Trump attends a celebration of the Army's 250th birthday on the National Mall in Washington, D.C., U.S,, June, 14, 2025. Doug Mills/Reuters
Iran and Israel will have peace "soon", U.S. President Donald Trump said in a social media post on Sunday, adding that there were many unspecified meetings happening and that the two countries should make a deal.
Israel and Iran launched fresh attacks on each other overnight into Sunday, killing scores.
"Iran and Israel should make a deal, and will make a deal," Trump said on Truth Social, adding that "we will have PEACE, soon."
Trump did not offer any details about the meetings or evidence of progress toward peace. His assertion contradicted comments by Prime Minister Benjamin Netanyahu, who said on Saturday that Israel's campaign against Iran would intensify.
A White House spokeswoman did not immediately respond to a request for comment on how Trump and the White House were working to de-escalate the situation in the Middle East.
Trump, who portrays himself as a peacemaker and has drawn criticism from his political base for not being able to prevent the Israel-Iran conflict, cited other disputes that he took responsibility for solving, including between India and Pakistan, and lamented not getting more praise for doing so.
"I do a lot, and never get credit for anything, but that’s OK, the PEOPLE understand. MAKE THE MIDDLE EAST GREAT AGAIN!" he wrote.
Reporting by Michael Martina and Jeff Mason
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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