The Failing Markets' Impact on Diplomacy

[Jerusalem Post] Herb Keinon - The disappearance of trillions of dollars worldwide will make it difficult for the international community to pay for an Israeli-Palestinian, or Israeli-Syrian, agreement, even if they miraculously appear. Who would pay for the tens of billions of dollars worth of new early warning systems Israel would have to set up following deep withdrawals from the West Bank and Jordan Valley, or a complete withdrawal - as the Syrians are demanding - from the Golan Heights? Who would pay compensation to Palestinian refugees if an agreement were reached that would deny them a "right of return" to pre-1967 Israel, but would recognize their right to compensation? Who would pay for the Palestinian security services or fund the infrastructure if a Palestinian state were agreed upon? The U.S.? After this month, forget about it. With the governments of the world now preoccupied with their own economies, the importance of solving the Israeli-Palestinian issues right now will likely fade.

2008-10-13 01:00:00

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