Archives Palestinian Conflict - Page 14 of 17 - New Eastern Outlook

A robust conclusion emerged from the unprecedented Arab-Islamic summit held in the capital of Saudi Arabia, but no real steps were taken to counter Israel and its Western backers, particularly the US. Leaders of the Muslim world eventually convened in Riyadh for a conference on the Palestinian issue, following over a month and a half of ceaseless bombing that claimed thousands of civilian lives. Top leaders from major Muslim nations, including Syrian President Hafez al-Assad, Turkish President Recep Tayyip Erdoğan, Saudi Crown Prince Mohammed bin Salman Al Saudi…

The pro-Iranian Shi’ite military organisation and political party Hezbollah (“Party of Allah”) is known to advocate the establishment of an Islamic state in Lebanon along the lines of Iran. Initially, this structure supported the just struggle of the Palestinians against Israel, for which it was recognized by Tel Aviv as a terrorist organisation. With the beginning of the anti-Israeli military conflict of Hamas on 7 October this year, “Hezbollah declared its readiness to support the Arabs the very next day, and to enter the war if the IDF launched a ground operation against the Gaza Strip…

The aftermath of Hamas’s Operation Al-Aqsa Flood on 7 October has left Israeli companies devastated as settlers face an unfamiliar situation, unprecedented in the absence of government financial injections and aid for them. More than a month into the Hamas operation, the war in Gaza has had a devastating effect on Israeli business activity, with hundreds of companies on the verge of bankruptcy. Economists and financiers estimate that the initial cost of the Gaza war to Tel Aviv is $51 billion, or about 10 per cent of Israel’s GDP. Israel’s Labour Ministry reports that some 765,000 Israelis…