UK Sanctions Israel, But Iran War Threatens to Inflame the Economy

Foreign Secretary Ed Miliband has announced sweeping UK sanctions on Israeli settlements in the West Bank, marking the government's strongest condemnation to date. In a statement to Parliament, Miliband accused Israeli settlers of "ethnic cleansing" with tacit state backing, unveiling an import ban on settlement goods, a sanctions regime targeting financing and construction services, and a ban on advertising settlement properties.

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• **Israel's...