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What will be the outcome of Israeli-Palestinian banking cooperation by end of 2024?
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Resolution / Starting Odds
Extended for one month • 25%
Extended for six months • 25%
Extended for one year • 25%
Not extended • 25%
Official announcements from the Israeli government or credible news sources
Story
Israel Extends Palestinian Bank Cooperation Waiver for One Month Amid U.S. Pressure
Oct 31, 2024, 02:18 PM
The UK, France, and Germany are united in calling for the urgent renewal of Israeli-Palestinian reciprocal banking arrangements without delay, warning that refusal to do so will endanger regional security and harm businesses. Under U.S. pressure, Israel has extended the Palestinian bank cooperation waiver for one month. Israeli ultranationalist Finance Minister Bezalel Smotrich will sign the extension of the authorization for Israeli banks to maintain relations with Palestinian banks in the West Bank for one more month only. Germany, France, and Britain call for the renewal of correspondent banking services for at least one year, stating that failure to renew would suspend cross-border trade. The E3 statement emphasized that Israel's failure to renew the measures would be catastrophic for the Palestinian economy. The German foreign office made their statement on Thursday.
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Improved Israel-Palestine relations • 25%
Enhanced regional security • 25%
Stabilization of Palestinian economy • 25%
Increased international diplomatic tensions • 25%
Yes • 50%
No • 50%
United States • 25%
United Kingdom • 25%
France • 25%
Germany • 25%
Pressure from Biden administration • 25%
Concerns over security • 25%
Economic stability of Palestine • 25%
Other reasons • 25%
Formal agreement • 25%
Temporary ceasefire • 25%
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Talks not initiated • 25%
Successful agreement • 25%
Stalemate • 25%
Talks collapse • 25%
No talks held • 25%
Body returned • 33%
Prisoner exchange • 33%
No resolution • 33%
Ceasefire agreement • 25%
No agreement • 25%
Partial agreement • 25%
Escalation of conflict • 25%
Annexed by Israel • 25%
Status quo maintained • 25%
Partial annexation • 25%
Other resolution • 25%
Increased violence • 25%
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Status quo maintained • 25%
Peace talks initiated • 25%