February 05, 2025 00:31 GMT
POLITICAL RISK: Trump Proposes US Long Term Take Over Of Gaza Strip
POLITICAL RISK
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Headlines have crossed from US President Trump and Israel President Netanyahu's press conference. Most notable has been headlines from the US President around the US taking ownership of the Gaza strip.
- BBG notes: "President Donald Trump proposed the US taking over the Gaza Strip and assuming responsibility for reconstructing the war-torn territory during a press conference with Israeli Prime Minister Benjamin Netanyahu."
- "Trump also repeated calls for other nations in the region to take in Palestinians from the Gaza Strip, despite neighboring countries stating publicly they were not interested in doing so." per BBG.
- So it remains to be seen what transpires in relation to this proposal. The WSJ noted that neighboring countries are against the idea of relocating Palestinians from Gaza
- Trump also stated in the press conference that the US would have a long term ownership position in Gaza. The US President also added that the government has not taken a position on Israel sovereignty of the West Bank (per Rtrs). A decision will be made soon though on this issue.
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