Forty years after the Six Day War peace between Israelis and Palestinians seems as distant as ever. Israel still refuses to accept the new Palestinian national unity government as a negotiating partner because Hamas is part of that government. What is the cause of this seeming paradox? Is there any hope?
The Palestinian government is united administratively, but divided politically. The Palestinians have one government with two policies. Politically, Palestinian Prime Minister Ismail Haniyeh remains against recognizing Israel and respecting the existing agreements. He declared that he is for the continuation of resistance in all forms. What kind of guarantee of a good faith effort to reach a peace agreement can come from such a stance?
That is the question the EU needs to ask itself as it debates whether to resume providing financial aid to the Palestinian Authority. The EU should make it clear to Hamas that it is not going to finance terror and is not going to finance a refusal to make peace. If the Palestinians want to have European help -- which I support completely -- it must be ready to make peace, not to break peace. After all, it is not Hamas as a party that is objectionable; what is objectionable are the politics and policies which Hamas pursues. We have nothing against Hamas; we are against their belligerent policies, which service in government has not changed.
There was a time when the Palestine Liberation Organization (PLO) held positions that were the same as those of Hamas. Then the PLO changed. If the current Palestinian leadership changes its position, there will be no problem from our side. We will have nothing against negotiations. We are for negotiations. We are for the "two-state solution." We accept the Middle East "road map." What we are against is terror.
Where we cannot agree, however, is on a "right of return" for Palestinians. If such a right were recognized, there would be a Palestinian majority instead of a Jewish majority, which would mean the end of the Jewish state. This is a demographic, not a religious, question: an Arab state is where the Arabs are the majority, and the Jewish state is where the Jews are the majority. Indeed, the "right of return" contradicts the very idea of a two-state solution, as it would mean one state -- a Palestinian state. Nobody in Israel will accept this.
But there are other problems in the region that Israel -- and the world -- must face. The Palestinians' current unity government resulted from Saudi mediation, which came in response mainly to Iran's ambition to increase its influence, not only in Iraq, but also in Lebanon, Gaza and the West Bank.
Of course, that issue is completely outside Israel's control. The ongoing fight in the Muslim world between Sunnis and Shiite recalls the struggle between Protestants and Catholics in 17th century Europe. So it is little wonder that the Saudis, Jordanians, Egyptians and the Gulf states are seeking to resist Iran's hegemonic ambitions in the region.
Nevertheless, the stakes are far higher than in the 17th century, because Iran represents a threat that combines a fanatical religion with a determination to acquire nuclear weapons. Indeed, Iran is the only country that declares its desire to destroy another member of the UN.
That is a threat that every country is obliged to take seriously. When a country's president delivers crazy speeches, denies the Holocaust and does not hide his ambition to control the Middle East, who can guarantee that the threat is not serious?
The issue is not one of restoring nuclear "balance" to the Middle East, as Iran's leaders maintain.
First, Israel does not threaten anybody. Israel never said that it wants to destroy Iran; Israel never openly proclaimed that it would enrich uranium and build nuclear bombs in order to destroy another country. On the contrary, Israel has said that it will not be the first to use nuclear weapons in the Middle East. But that does not mean that we can afford to ignore an obvious threat from countries that want to destroy us.
Despite the current unfavorable situation, the path to stabilizing the Middle East still leads through joint economic projects. Even now, Israel is planning to build a new "corridor of peace," which will comprise the Jordanians, the Palestinians, and us.
Within the framework of this project, we hope to halt the dehydration of the Dead Sea, build a joint airport and a joint water network with Jordan, and develop tourism infrastructure, at a cost of up to US$5 billion. We have the donors, so there is no shortage of money to finance our efforts, which, I am sure, will be realized.
Israel wants -- indeed, desperately needs -- peace and stability in the Middle East, and we will continue to do everything in our power to achieve it. But we cannot reach that goal alone, much less negotiate with those whose idea of a stable and peaceful Middle East is one that has no place for Israel.
Shimon Peres is deputy Israeli prime minister. Copyright: Project Syndicate/HVG
The conflict in the Middle East has been disrupting financial markets, raising concerns about rising inflationary pressures and global economic growth. One market that some investors are particularly worried about has not been heavily covered in the news: the private credit market. Even before the joint US-Israeli attacks on Iran on Feb. 28, global capital markets had faced growing structural pressure — the deteriorating funding conditions in the private credit market. The private credit market is where companies borrow funds directly from nonbank financial institutions such as asset management companies, insurance companies and private lending platforms. Its popularity has risen since
The Donald Trump administration’s approach to China broadly, and to cross-Strait relations in particular, remains a conundrum. The 2025 US National Security Strategy prioritized the defense of Taiwan in a way that surprised some observers of the Trump administration: “Deterring a conflict over Taiwan, ideally by preserving military overmatch, is a priority.” Two months later, Taiwan went entirely unmentioned in the US National Defense Strategy, as did military overmatch vis-a-vis China, giving renewed cause for concern. How to interpret these varying statements remains an open question. In both documents, the Indo-Pacific is listed as a second priority behind homeland defense and
Every analyst watching Iran’s succession crisis is asking who would replace supreme leader Ayatollah Ali Khamenei. Yet, the real question is whether China has learned enough from the Persian Gulf to survive a war over Taiwan. Beijing purchases roughly 90 percent of Iran’s exported crude — some 1.61 million barrels per day last year — and holds a US$400 billion, 25-year cooperation agreement binding it to Tehran’s stability. However, this is not simply the story of a patron protecting an investment. China has spent years engineering a sanctions-evasion architecture that was never really about Iran — it was about Taiwan. The
In an op-ed published in Foreign Affairs on Tuesday, Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) said that Taiwan should not have to choose between aligning with Beijing or Washington, and advocated for cooperation with Beijing under the so-called “1992 consensus” as a form of “strategic ambiguity.” However, Cheng has either misunderstood the geopolitical reality and chosen appeasement, or is trying to fool an international audience with her doublespeak; nonetheless, it risks sending the wrong message to Taiwan’s democratic allies and partners. Cheng stressed that “Taiwan does not have to choose,” as while Beijing and Washington compete, Taiwan is strongest when