The Micah Report Columns Thoughts Predictions About Micah Archives Contact
The Micah Report

« Arab League Says No to Hamas | Main | Chavez & Iran »

Putin & Abbas
By Micah Halpern

Sunday May 14, 2006

I'm Predicting:

Next week Russian President Vldamir Putin will host Mahmoud Abbas of the Palestinian Authority.

The main topic on their agenda is aid to the Palestinians.
The Russian already forked over $10 million USD to the PA last week.
Abbas wants Russia to convince the US to lift the international pressure that is stopping the transfer of funds to the Hamas-led PA.

This mission will fail.
The entire Palestinian financial crisis is problematic.

The Palestinians have their own resources but have chosen not to dip in yet and help themselves out. They have $1.3 billion in accounts and could easily draw several hundred million in interest without touching the principle.
They also have hard assets. They own hundreds of millions of properties and businesses around the world. Those could be liquidated to relieve the pressure.

Palestinians take - they do not give.

11 April 2016 07:20 AM in Predictions


Trackback Pings

TrackBack URL for this entry:
http://micahhalpern.com/mt/mt-tb.cgi/556

Comments


Post a comment




Remember Me?

(you may use HTML tags for style)



Powered by Movable Type     Site design by Sekimori