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.
The U.S. and Israel have contacted officials of three East African countries to discuss using their territories for resettling Palestinians from Gaza, the Associated Press reported on Friday, citing U.S. and Israeli officials.
Officials from Sudan, Somalia and the breakaway region of Somaliland were contacted regarding the proposal © Mena Today
The U.S. and Israel have contacted officials of three East African countries to discuss using their territories for resettling Palestinians from Gaza, the Associated Press reported on Friday, citing U.S. and Israeli officials.
Officials from Sudan, Somalia and the breakaway region of Somaliland were contacted regarding the proposal, the AP reported, citing U.S. and Israeli officials as sources.
However, Sudan officials said they rejected the proposal from the U.S. and officials from Somalia and Somaliland said they were unaware of any contacts, reported AP.
The White House and the U.S. State Department did not immediately respond to Reuters' requests for comment. The information ministers for Somalia and its breakaway region of Somaliland did not pick up Reuters' telephone calls for comment.
Earlier this month, Arab leaders adopted a $53 billion Egyptian reconstruction plan for Gaza that would avoid displacing Palestinians from the enclave, in contrast to U.S. President Donald Trump's vision of a "Middle East Riviera".
Trump has proposed a U.S. takeover of Gaza, where Israel's military assault in the last 17 months has killed tens of thousands, to reconstruct the destroyed enclave, after earlier suggesting that Palestinians should be permanently displaced.
Trump's plan reinforced long-standing Palestinian fears of being permanently driven from their homes, and was met with widespread international rejection.
Palestinian terrorist group Hamas carried out a cross-border raid into southern Israel on October 7, 2023, triggering the Israeli assault in the Gaza Strip.
By Bruno Finel
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.
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.