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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on February 15, 2025

    Featured image for article about Headlines

    (Reuters) - U.S. Secretary of State Marco Rubio arrived in Israel late on Saturday on his first trip to the Middle East, after a widely condemned proposal by President Donald Trump to displace Palestinians in Gaza.

    Trump first floated the suggestion that Egypt and Jordan should take in Palestinians from Gaza on January 25, a proposal they strongly opposed.

    In a shock announcement on February 4, after meeting Israeli Prime Minister Benjamin Netanyahu in Washington, Trump proposed resettling Gaza's 2.2 million Palestinians and the U.S. taking control and ownership of the demolished seaside enclave, redeveloping it into the "Riviera of the Middle East."

    On February 10, he said Palestinians would not have the right of return to Gaza under his plan, contradicting his own officials who had suggested Gazans would only be relocated temporarily.

    The U.S. president's comments echoed long-standing Palestinian fears of being permanently driven from their homes and were labeled as a proposal of ethnic cleansing by some critics.

    U.S. ally Israel's military assault on Gaza, now paused by a fragile ceasefire, has killed more than 47,000 Palestinians in the last 16 months, the Gaza health ministry says, and provoked accusations of genocide and war crimes that Israel denies.

    The assault internally displaced nearly all of Gaza's population and caused a hunger crisis.

    The latest bloodshed in the decades-old Israeli-Palestinian conflict was triggered on October 7, 2023, when Palestinian Hamas militants attacked Israel, killing 1,200 and taking some 250 hostages, Israeli tallies show.

    Rubio will discuss Gaza and the aftermath of the Hamas attack on Israel during the trip, and will pursue Trump's approach of trying to disrupt the status quo in the region, a State Department official said last week.

    (Reporting by Enas Alashray; Editing by Chizu Nomiyama)

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