US warns Israel of ‘massive’ impact of denying Palestinian revenue

US warns Israel of ‘massive’ impact of denying Palestinian revenue
US warns Israel of ‘massive’ impact of denying Palestinian revenue

Hello and welcome to the details of US warns Israel of ‘massive’ impact of denying Palestinian revenue and now with the details

Nevin Al Sukari - Sana'a - The United States warned Thursday that Israel will see a “massive” negative impact if the Palestinian Authority collapses as Washington again pressed its ally to let revenue flow. — Reuters file pic

WASHINGTON, June 7 — The United States warned Thursday that Israel will see a “massive” negative impact if the Palestinian Authority collapses as Washington again pressed its ally to let revenue flow.

“We have made clear to the government of Israel in some very direct conversations that there is nothing that could be more counter to the strategic interests of Israel than the collapse of the Palestinian Authority,” State Department spokesman Matthew Miller told reporters.

While acknowledging shortcomings in the Palestinian Authority, he said the Ramallah-based body had helped maintain stability in the West Bank even as war has raged in Gaza, run for years by rivals Hamas.

“If you saw the Palestinian Authority collapse and instability spread across the West Bank, it’s not just a problem for the Palestinians,” he said, “it is also a massive security threat for the state of Israel.”

Advertisement

Under peace agreements in the 1990s, Israel collects money for the Palestinian Authority, which exercises limited autonomy in parts of the West Bank.

Israel then disburses the money to the PA.

But Israel has been blocking revenue since Hamas on October 7 carried out its massive attack in Israel, triggering a relentless retaliatory military campaign.

Advertisement

Israeli Finance Minister Bezalel Smotrich is a member of the far right who advocates Jewish settlement of the West Bank.

Prime Minister Benjamin Netanyahu is also a long-time critic of the Palestinian Authority and of moves toward an independent Palestinian state.

The World Bank recently warned that the Palestinian Authority’s fiscal situation has “dramatically worsened” with the risk of complete collapse. — AFP

These were the details of the news US warns Israel of ‘massive’ impact of denying Palestinian revenue for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Philippine ex-president Duterte to run for mayor in home city
NEXT What to expect from Nato’s new chief Mark Rutte? Don’t expect a revolution, just steady leadership in turbulent times

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]