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. embassy in Israel on Saturday warned Americans there to avoid large gatherings and be prepared to seek shelter following an escalation of conflict in the country.
Embassy of United States, Tel Aviv Branch © Mena Today
The U.S. embassy in Israel on Saturday warned Americans there to avoid large gatherings and be prepared to seek shelter following an escalation of conflict in the country.
"The security environment is complex and can change quickly," the embassy said in an alert posted on its website. "Be aware of your surroundings."
The warning came as the Israeli army said it was attacking Hezbollah targets in Lebanon in a second wave of strikes, after intercepting rockets fired from across the border earlier in the day.
Israel has also seen a series of large protests in recent days over Prime Minister Benjamin Netanyahu's efforts to dismiss the head of the Shin Bet domestic intelligence service.
Reuters
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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