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 United States has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel, a senior White House official said on Tuesday.
The U.S. military on Sunday warned Iran against expanding the conflict © Mena Today
The United States has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel, a senior White House official said on Tuesday.
The United States is actively supporting preparations to defend Israel against this, the official said.
"A direct military attack from Iran against Israel will carry severe consequences for Iran," the official said.
The warning follows Israel's announcement that its commando and paratroop units launched raids into southern Lebanon in a limited incursion as it pursues strikes against Hezbollah militants that have killed the Iran-backed group's leader and senior commanders.
Iran's mission to the United Nations did not immediately respond to a request for comment.
The U.S. military on Sunday warned Iran against expanding the conflict and said it was increasing air support capabilities in the region and putting troops on increased readiness.
Reporting by Steve Holland and Katharine Jackson
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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