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Wednesday, Jul 30, 2025

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Israeli Finance Minister Imposes Banking Penalties on Palestinians

Smotrich warns Western nations over sanctions, escalating regional tensions
Israeli Finance Minister Bezalel Smotrich has implemented banking restrictions targeting Palestinian financial institutions, a move that could significantly impact the Palestinian economy.

In response to sanctions imposed by five Western countries, Smotrich has also issued warnings of potential retaliatory measures.

These developments mark a further escalation in regional tensions and have drawn international concern over the stability of financial systems in the area.
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