The United States said Saturday that its Middle East peace plan to be presented next week in Bahrain aims to raise more than $50 billion for the Palestinians and double their GDP within a decade.
Unveiling details for the first time, President Donald Trump’s administration said the initiative will look at reforming the Palestinian economy and linking it to those of its neighbors, seeking to generate major international investment.
The conference Tuesday and Wednesday in Bahrain, led by Trump’s son-in-law and adviser Jared Kushner, is the opening of a long-awaited Middle East peace initiative that officials say will later include a political component.
But the Palestinian Authority is boycotting the so-called Peace to Prosperity workshop, charging that the unabashedly pro-Israel Trump is seeking to buy off the Palestinians and deprive them of an independent state.
The White House cast the plan — to be discussed in more detail in Bahrain with finance chiefs of oil-rich Gulf Arab states — as historic.
“Peace to Prosperity represents the most ambitious and comprehensive international effort for the Palestinian people to date,” the White House said in the economic plan.
“It has the ability to fundamentally transform the West Bank and Gaza and to open a new chapter in Palestinian history — one defined, not by adversity and loss, but by freedom and dignity,” it said.
It said that the plan aimed to raise more than $50 billion over the next decade, with a goal of more than doubling Palestinian Gross Domestic Product.
The White House said the initiative had the power to transform the troubled Palestinian economy by creating more than one million jobs — bringing the unemployment rate down to the single digits, in line with developed economies.
In a step likely to outrage Palestinian leaders, it said that money would be administered by a multinational development bank as a way to ensure better governance and prevent corruption.
Pelosi’s war on progressives risks another Trump victory
There are three reasons Trump won, and some of the leading Democrats don't seem to understand any of them
If Trump wins in 2020—and right now, he stands a good chance of doing it—you can thank Nancy Pelosi and the rest of the neoliberals in charge of the Democratic Party.
At the moment she and her allies are waging a war against progressives in order to hold onto a mythical centrist majority that doesn't exist. This threatens to repeat the mistakes of 2016, while ignoring the lessons of 2018.
CNN’s Jake Tapper reveals Rep. Ilhan Omar has been a citizen longer than Melania Trump has
In his opening commentary, CNN host Jake Tapper attacked President Donald Trump's comments about four freshmen Congresswomen of color as racist.
"The president was seeming to be referencing Reps. Alexandria Ocasio-Cortez (D-NY), Rashida Tlaib (D-MI) and Ayanna Pressley (D-MA), who were born in New York City, Detroit, and Cincinnati, respectively. As well as Congresswoman Ilhan Omar (D-MN) who came to the U.S. as a child, a refugee from Somalia and has been a U.S. Citizen since a teenager, longer than the first lady."
He then called out Trump appointee Ken Cuccinelli who went down in flames during a CNN interview Monday when he tried to lie on air about not having read Trump's tweet. Cuccinelli was read the tweet during his appearance the day before. He ignored the fact-check, saying simply, "so what?"
Trump has Republicans ‘in a vice’ as bad as Charlottesville and Access Hollywood: MSNBC’s Nicolle Wallace
Donald Trump's increasingly toxic rhetoric against women of color has put the Republican Party in a "vice" of choosing between loyalty to the White House and voters disgusted by the bigotry the president had been broadcasting.
"Donald Trump today has the Republican Party in a vice the likes of which they haven’t experienced since Charlottesville and before that, in the aftermath of the “Access Hollywood” tape," Wallace explained, citing the biggest moments of Trump displaying his respective racism and misogyny.
"Republicans -- who have hardly been profiles in courage -- today found just over a dozen of their members break rank and slowly, timidly, begin to call out Donald Trump’s flagrant, bellicose, racist attacks against four female members of Congress," she reported.