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.
Britain has imposed sanctions against Iranian individuals and organisations after Iran's attack on Israel on Oct. 1, Britain's Foreign Office said on Monday.
Group of Seven (G7) nations, which includes Britain and the U.S., have condemned Iran's attack © Mena Today
Britain has imposed sanctions against Iranian individuals and organisations after Iran's attack on Israel on Oct. 1, Britain's Foreign Office said on Monday.
The sanctions target senior figures in Iran's army, air force and organisations linked to Iran's ballistic and cruise missile development.
"Despite repeated warnings, the dangerous actions of Iran and its proxies are driving further escalation in the Middle East," British Foreign Minister David Lammy said in a statement.
"Following its ballistic missile attack on Israel, we are holding Iran to account and exposing those who facilitated these acts."
Lammy also discussed Iran's actions with European partners at the EU Foreign Affairs Council in Luxembourg earlier on Monday, the Foreign Office said.
Those sanctioned include Abdolrahim Mousavi, the Commander-in Chief of the Islamic Republic of Iran Army, the Farzanegan Propulsion Systems Design Bureau and the Iranian Space Agency.
Group of Seven (G7) nations, which includes Britain and the U.S., have condemned Iran's attack and urged for a de-escalation in the Middle East, while reiterating their backing for Israel's security.
Reporting by Sachin Ravikumar
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.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.