Wolfensohn warns of PA collapse

Quartet envoy: PA on the verge of economic collapse within two weeks time.

By JPOST.COM STAFF
February 27, 2006 11:14
1 minute read.
wolfensohn 298

wolfensohn 298 . (photo credit: Ariel Jerozolimski)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Quartet envoy to the Middle East, James Wolfensohn, said Monday "the Palestinian Authority was on the verge of economic collapse within two weeks time." The reason, he said, was the cessation of tax funds to the PA from Israel.

JPOST.COM HIT LIST
    See JPost.com's hottest articles this past week [click here]
In a letter he wrote to the US government, Wolfensohn warned that even if the PA were to exist on emergency funds, the economic situation could lead to violence. Voices have been raised in the Quartet (the US, EU, Russia and the UN) arguing that the cutoff date by which Hamas must accept certain preconditions or face international isolation is "malleable" and not necessarily the day a Hamas government is formed, The Jerusalem Post learned. One Western diplomatic official said that among the questions the Quartet principals were dealing with now was what would happen if Hamas were to make some move toward recognizing Israel and continue to abide by a cease-fire, but would not go all the way toward full-throated recognition of Israel or committing itself to nonviolence. Palestinian Authority Prime Minister-designate Ismail Haniyeh on Sunday denied that Hamas was prepared to make peace with Israel, saying he had been misquoted by The Washington Post. Haniyeh said his comments had been misunderstood. He said he was not referring to a peace agreement, only a "political truce." "I didn't talk about recognizing Israel during the interview with the newspaper," Haniyeh told reporters in Gaza City. With HERB KEINON AND HILARY LEILA KRIEGER

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

November 20, 2018
Trump: U.S. will remain 'steadfast partner' of Saudis, despite Khashoggi

By REUTERS