The keys
nuevo
Generated with AI
nuevo
Generated with AI
It would be a type of cryptocurrency whose value would be linked to a conventional currency, such as the dollaraccording to informa Financial Times.
Behind this project this Liran Tancman, an Israeli technology executive and former reservist, who currently works as an advisor to this Peace Board.
Talks about this currency are at a preliminary stage, but this option has already been put on the table, although no details have been revealed of how this currency will be introduced in the Gaza Strip, where the activity economy has collapsed after two years of war.
Furthermore, the traditional banking system and payments in Gaza have been severely affected and are almost non-existent due to the destruction of banks and ATMs. Also because Israel has blocked cash deliveries to the Strip.
Financial Times points out that the objective is “dry Gaza of all cash so Hamas can’t generate any.”
Attract Gulf countries
This medium points out that this coin stable could be linked to the dollar for companies from Gulf Arab countries to help lead the effort.
“This will not be a Gaza currency not a new Palestinian currency, but a means for Gazans ton carry out digital transactions”a source has declared to the economic newspaper.
Currently, the Palestinian Monetary Authority It acts as the central bank for both the occupied West Bank and Gaza. However, noor has the power to issue its own currency and the official currency in the Palestinian territories is the Israeli shekel.
While dollar transactions occur in Gaza, they are limited compared to those in shekels.
Since the start of the war between Israel and Hamas in 2023, access to physical shekels in Gaza has been severely limited.
New website
Precisely this Tuesday, the Peace Board has launched your website in which it stands out as a founding principle that “lasting peace requires common sense solutions”.
The website underlines the importance of “moving away from approaches and institutions that have too often failed” and emphasizes the need for a “more agile and effective” international organization, with a coalition of States committed to “effective action.”
The page highlights the 28 founding members of this new body. Among them, in addition to the United States, Israel, ArgentinaEl Salvador, Egypt, Hungary, Qatar, Paraguay, Saudi Arabia, Türkiye and the United Arab Emirates.
Most are Trump allies, while the great powers and almost all European countries They have been reluctant to join, considering that the organization weakens the role of the UN.
According to the founding document that appears on the website, each Member State must be represented by its head of State or Government for a term of no more than three years, a clause that does not apply if the country in question contributes more than $1 billion in cash (848 million euros) during the first year after the entry into force of the founding charter.
The act of constitution of the Peace Board was signed on January 22 in the Davos World Economic Forum (Switzerland) and their first meeting took place on February 19 in Washington.
The website reflects that the president of the World Bank Group is on its executive board, Ajay Banga; former british prime minister Tony Blair; the US secretary of state, Marco Rubio; Jared KushnerTrump’s son-in-law; or the country’s special envoy for the Middle East, Steve Witkoff.
You may also like
-
The US Navy says two of its ships have passed through the Strait of Hormuz without incident
-
Iran claims that the US has unlocked Iranian funds held in Qatar, but the White House denies it
-
Barcelona, with one eye on the derby and another on the Champions League
-
how he decided to unleash his ‘Epic Fury’ against Iran
-
punishes critical journalism with vetoes in the Casa Rosada and Congress