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.
Yemen's Iran-aligned Houthis announced on Monday what they called a "maritime blockade" on Israel's Haifa port in response to Israel's ongoing conflict in Gaza.
The Port of Haifa is one of the most important in Israel © Mena Today
Yemen's Iran-aligned Houthis announced on Monday what they called a "maritime blockade" on Israel's Haifa port in response to Israel's ongoing conflict in Gaza.
"All companies with ships present in or heading to this port are hereby notified that, as of the time of this announcement, the aforementioned port has been included in the list of targets," the group's spokesperson Yahya Saree said in a televised address.
The Houthis have continued to fire missiles at Israel including on Ben Gurion Airport near Tel Aviv in what they say is solidarity with Palestinians in Gaza, although they have agreed to halt attacks on U.S. ships.
The missiles launched by the group on Israel were mostly intercepted.
Israel has carried out strikes in response, including one on May 6 that damaged Yemen's main airport in Sanaa and killed several people.
Reporting by Jaidaa Taha and Muhammad Al Gebaly
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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