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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

    Germany's Scholz calls Trump's Gaza resettlement plans unacceptable

    Published by Global Banking and Finance Review

    Posted on January 28, 2025

    Featured image for article about Headlines

    BERLIN (Reuters) - German Chancellor Olaf Scholz on Tuesday called U.S. President Donald Trump's suggestion to relocate Palestinians from war-ravaged Gaza to Jordan and Egypt "unacceptable."

    "Any resettlement plans, the idea that the citizens of Gaza will be expelled from there to Egypt or Jordan, is unacceptable," Scholz said, referring at a campaign event in Berlin to Trump's comments.

    He reiterated his support for a two-state solution where Israelis and Palestinians live peacefully side by side, adding that it must be clear that the Palestinian Authority would assume responsibility for Gaza.

    "The fragile hope for peace that is now possible must not be squandered," Scholz said, referring to the recent ceasefire agreement, adding that peace can be achieved only if people in Gaza can hope for a self-governing future.

    Jordan is already home to several million Palestinians, while tens of thousands live in Egypt, and both countries' governments have rejected Trump's idea. Gaza is land that Palestinians would want as part of a future Palestinian state.

    Germany is among Israel's main arms suppliers, with its defence exports to the country rising nearly tenfold annually in 2023, the year when the conflict with Hamas militants started.

    (Reporting by Andreas Rinke in Berlin, writing by Andrey Sychev; Editing by Matthew Lewis)

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