When engineer Rami Bone goes to work each day at his company in the settlement of Maaleh Adumim, in the Israeli-occupied West Bank, he doesn’t see himself as violating international law.
Few issues have caused more friction between Israel and the European Union than EU plans to impose labeling on goods produced in Jewish settlements on occupied land. And if Israel is right about the timing, the tensions could get worse.
Israel’s high cost of living is set to dominate a March 17 election that could shake up Benjamin Netanyahu’s coalition, with voter anger symbolized by an overpriced dessert.
The collapse of Israel’s government will keep investors on edge at least until new elections are held in March, adding to the economic hit to tourism and growth from the July-August Gaza war.