President Trump’s announcement that the U.S. plans to "take over" Gaza and redevelop it into a "Riviera of the Middle East" was met with shock and disapproval from allies and adversaries. Palestinian leaders and Hamas condemned the proposal, warning it could destabilize the fragile ceasefire agreement. Palestinian Authority President Mahmoud Abbas called it a "serious violation of international law," while Hamas labeled it a "crime against humanity." U.S. allies, including Egypt, Jordan, and Saudi Arabia, rejected the plan, emphasizing support for a two-state solution. The proposal also raised concerns among Israeli hostage families, who urged leaders to prioritize securing the return of captives over geopolitical changes.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump's announcement that the U.S. plans to take over Gaza and redevelop it into
00:06a Rivera of the Middle East was met with shock and disapproval from allies and adversaries.
00:12Palestinian leaders in Hamas condemned the proposal,
00:16warning it could destabilize the fragile ceasefire agreement.
00:20Palestinian Authority President Mahmoud Abbas called it a serious violation of international
00:25law, while Hamas labeled it a crime against humanity.
00:28U.S. allies including Egypt, Jordan, and Saudi Arabia rejected the plan,
00:32emphasizing support for a two-state solution.
00:35The proposal also raised concerns among Israel's hostage families,
00:39who urged leaders to prioritize securing the return of captives over geopolitical changes.