Connect with us

RSS

Palestinian Authority President Abbas Names Interim Successor if He Has to Leave Post

Palestinian Authority President Mahmoud Abbas addresses the 79th United Nations General Assembly at United Nations headquarters in New York, US, Sept. 26, 2024. Photo: REUTERS/Brendan McDermid

Palestinian Authority President Mahmoud Abbas has named a temporary successor who would take over from him should he die or leave his post, addressing concerns of a possible power vacuum following his departure.

In a statement released late on Wednesday, Abbas said the chairman of the Palestinian National Council should serve as interim president for no more than 90 days, during which presidential elections should be held.

The current chairman of the Palestinians’ top decision-making body is Rawhi Fattouh, 75, who also served briefly as a stop-gap leader following the death of Yasser Arafat in 2004.

Abbas, 89, has been Palestinian president since 2005 and has had regular health problems in recent years, prompting repeated speculation on who might replace him when he finally stands aside.

He does not have a deputy and a source told Reuters earlier this month that Saudi Arabia had pressed him to appoint one.

Wednesday’s announcement clears up uncertainty over what should happen when he dies, but Fattouh was not named as his deputy, meaning there was still no visibility on who might replace Abbas in the long term.

Israel’s Agriculture Minister Avi Dichter, a member of the inner security cabinet, told a group of foreign reporters this week that the Israeli army would take over the West Bank if someone from the Palestinian terrorist group Hamas, which rules Gaza, moved to become president.

Abbas was elected to a four-year term in 2005, but no presidential ballot has been held since and he is now deeply unpopular, with a September opinion poll showing 89 percent of Palestinians in the West Bank wanted him to resign.

The post Palestinian Authority President Abbas Names Interim Successor if He Has to Leave Post first appeared on Algemeiner.com.

Continue Reading

RSS

Terrorist Responsible for Death of 21 Soldiers Eliminated

An Israeli F-35I “Adir” fighter jet. Photo: IDF

i24 NewsKhalil Abd al-Nasser Mohammed Khatib, the terrorist who commanded the terrorist cell that killed 21 soldiers in the southern Gaza Strip on January 22, 2024, was killed by an Israeli airstrike, the IDF said on Sunday.

In a joint operation between the military and the Shin Bet security agency, the terrorist was spotted in a reconnaissance mission. The troops called up an aircraft to target him, and he was eliminated.

Khatib planned and took part in many other terrorist plots against Israeli soldiers.

i24NEWS’ Hebrew channel interviewed Dor Almog, the sole survivor of the mass casualty disaster, who was informed on live TV about the death of the commander responsible for the killing his brothers-in-arms.

“I was sure this day would come – I was a soldier and I know what happens at the end,” said Almog. “The IDF will do everything to bring back the abductees and to topple Hamas, to the last one man.”

The post Terrorist Responsible for Death of 21 Soldiers Eliminated first appeared on Algemeiner.com.

Continue Reading

RSS

Stanley Fischer, Former Fed Vice Chair and Bank of Israel Chief, Dies at 81

FILE PHOTO: Vice Chair of the U.S. Federal Reserve System Stanley Fischer arrives to hear Governor of the Bank of England Mark Carney delivering the Michel Camdessus Central Banking Lecture at the International Monetary Fund in Washington, U.S., September 18, 2017. Photo: REUTERS/Joshua Roberts/File Photo

Stanley Fischer, who helped shape modern economic theory during a career that included heading the Bank of Israel and serving as vice chair of the US Federal Reserve, has died at the age of 81.

The Bank of Israel said he died on Saturday night but did not give a cause of death. Fischer was born in Zambia and had dual US-Israeli citizenship.

As an academic at the Massachusetts Institute of Technology, Fischer trained many of the people who went on to be top central bankers, including former Federal Reserve Chairman Ben Bernanke as well as Mario Draghi, the former European Central Bank president.

Fischer served as chief economist at the World Bank, and first deputy managing director at the International Monetary Fund during the Asian financial crisis and was then vice chairman at Citigroup from 2002 to 2005.

During an eight-year stint as Israel’s central bank chief from 2005-2013, Fischer helped the country weather the 2008 global financial crisis with minimal economic damage, elevating Israel’s economy on the global stage, while creating a monetary policy committee to decide on interest rates like in other advanced economies.

He was vice chair of the Federal Reserve from 2014 to 2017 and served as a director at Bank Hapoalim in 2020 and 2021.

Current Bank of Israel Governor Amir Yaron praised Fischer’s contribution to the Bank of Israel and to advancing Israel’s economy as “truly significant.”

The soft-spoken Fischer – who played a role in Israel’s economic stabilization plan in 1985 during a period of hyperinflation – was chosen by then Finance Minister Benjamin Netanyahu and Prime Minister Ariel Sharon as central bank chief.

Netanyahu, now prime minister, called Fischer a “great Zionist” for leaving the United States and moving to Israel to take on the top job at Israel’s central bank.

“He was an outstanding economist. In the framework of his role as governor, he greatly contributed to the Israeli economy, especially to the return of stability during the global economic crisis,” Netanyahu said, adding that Stanley – as he was known in Israel – proudly represented Israel and its economy worldwide.

Israeli President Isaac Herzog also paid tribute.

“He played a huge role in strengthening Israel’s economy, its remarkable resilience, and its strong reputation around the world,” Herzog said. “He was a world-class professional, a man of integrity, with a heart of gold. A true lover of peace.”

The post Stanley Fischer, Former Fed Vice Chair and Bank of Israel Chief, Dies at 81 first appeared on Algemeiner.com.

Continue Reading

RSS

Saudi Arabia’s Foreign Minister Says Israel Blocking Ramallah Meeting Proof of ‘Extremism’

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan Al-Saud attends a news conference at the Arab Gulf Summit in Riyadh, Saudi Arabia, December 9, 2022. Photo: REUTERS/Ahmed Yosri

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al-Saud said the Israeli government’s refusal to allow a delegation of Arab ministers to the West Bank showed its “extremism and rejection of peace.”

His statement came during a joint press conference in Amman with counterparts from Jordan, Egypt and Bahrain, after they met as part of an Arab contact group that was going to meet Palestinian President Mahmoud Abbas in Ramallah.

“Israel’s refusal of the committee’s visit to the West Bank embodies and confirms its extremism and refusal of any serious attempts for (a) peaceful pathway… It strengthens our will to double our diplomatic efforts within the international community to face this arrogance,” the Saudi minister said.

On Saturday, Israel said it would not allow a planned meeting on Sunday that would have included ministers from Jordan, Egypt, Saudi Arabia, Qatar and the United Arab Emirates, Palestinian Authority officials said.

Bin Farhan’s visit to the West Bank would have marked the first such visit by a top Saudi official in recent memory.

An Israeli official said the ministers intended to take part in a “provocative meeting” to discuss promoting the establishment of a Palestinian state.

Jordan’s Foreign Minister Ayman Safadi said blocking the trip was another example of how Israel was “killing any chance of a just and comprehensive” Arab-Israeli settlement.

An international conference, co-chaired by France and Saudi Arabia, is due to be held in New York on June 17-20 to discuss the issue of Palestinian statehood.

Egyptian Foreign Minister Badr Abdelatty said the conference would cover security arrangements after a ceasefire in Gaza and reconstruction plans to ensure Palestinians would remain on their land and foil any Israeli plans to evict them.

The post Saudi Arabia’s Foreign Minister Says Israel Blocking Ramallah Meeting Proof of ‘Extremism’ first appeared on Algemeiner.com.

Continue Reading

Copyright © 2017 - 2023 Jewish Post & News