Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Intel is now worth more than Oracle as its stock explodes higher

    May 5, 2026

    Keep calm and carry on buying the dip, says JPMorgan

    May 1, 2026

    Stocks can rally even without a ‘full return to normality,’ says HSBC

    May 1, 2026
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • Intel is now worth more than Oracle as its stock explodes higher
    • Keep calm and carry on buying the dip, says JPMorgan
    • Stocks can rally even without a ‘full return to normality,’ says HSBC
    • The best places to invest now are Chinese tech stocks and this out-of-fashion sector, according to Bank of America
    • Here’s how much weight-loss drugs Wegovy, Zepbound and Foundayo cost — and how to pick the best GLP-1 for you
    • Why elevated U.S. tariffs could stick around for years — even after Trump leaves office
    • How Beyond Meat sank from a $14 billion plant-based protein powerhouse to a penny stock
    • Populism lost in Hungary but still might win the war, one strategist argues
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      “Investigating the Impact of Weather Patterns on Global Commodity Markets”

      April 10, 2026

      “The Influence of Political Instability on Gold and Other Precious Metal Prices”

      April 10, 2026

      Here’s how much money Iran can make charging tolls on one-fifth of the world’s seaborne oil

      April 9, 2026

      Oil Prices Surge as Middle East Tensions Drive Brent Beyond $90 Mark

      April 5, 2026

      Although house prices are declining, Lennar notes that employment stability is now a top issue.

      March 21, 2026

      Optimistic Outlook Emerges as Rate Cut Hopes Ignite Real Estate Market Recovery

      January 24, 2026

      Why experts say that Trump’s prohibition on big investors like Blackstone purchasing homes won’t lower housing costs

      January 8, 2026

      Why a real estate investor on crowdfunding site bid $30 million on Diddy’s “freak-off” home in L.A.: “It has a stigma attached to it”

      December 3, 2025

      Bitcoin Plunges Amid Iran-Israel Tensions, Global Markets on Edge

      April 29, 2026

      “Understanding the Impact of Cryptocurrencies on the Global Economy”

      April 9, 2026

      “Investing in Cryptocurrencies: A Comprehensive Guide for Beginners”

      April 9, 2026

      “Profiles in Crypto: A Look at the Top Performing Cryptocurrencies of 2022”.

      April 9, 2026

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      This ETF from a 106-year-old company has outperformed competitors while staying away from the “Magnificent Seven” stocks.

      January 6, 2026

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      European Stocks Plummet to Multi-Week Lows Amid Fed’s Hawkish Tone and Geopolitical Turmoil

      April 5, 2026

      Escalating Middle East Tensions Rattle Global Markets

      April 5, 2026

      Wall Street Braces for Downturn Despite Strong Private Payrolls Data

      April 3, 2026

      Asia’s Private Equity Landscape Faces Worst Q1 Slump Since 2015 Amid Economic Uncertainty

      March 25, 2026

      Keep calm and carry on buying the dip, says JPMorgan

      May 1, 2026

      The best places to invest now are Chinese tech stocks and this out-of-fashion sector, according to Bank of America

      May 1, 2026

      Populism lost in Hungary but still might win the war, one strategist argues

      May 1, 2026

      Bitcoin Plunges Amid Iran-Israel Tensions, Global Markets on Edge

      April 29, 2026
    • ECONOMY
      1. INTEREST RATE
      2. View All

      Global Credit Spreads Hit 2022 Low as Investors Chase Higher Yields Amid Economic Optimism

      January 26, 2026

      In ’26, tax the wealthy? This year, these three important wealth tax concerns may be resolved.

      January 10, 2026

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      Why elevated U.S. tariffs could stick around for years — even after Trump leaves office

      May 1, 2026

      The U.S. goods trade gap reaches a record high as companies try to evade Trump’s tariffs.

      April 30, 2026

      Canadian Musicians Face U.S. Tour Challenges in Trump Era

      April 30, 2026

      Nova Scotia Premier Houston Backs Federal Conservatives Ahead of Election

      April 30, 2026
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      Here’s how much weight-loss drugs Wegovy, Zepbound and Foundayo cost — and how to pick the best GLP-1 for you

      May 1, 2026

      Sleeping Rough or Seeking Shelter? Supreme Court Faces Showdown Over Homelessness Fines

      April 29, 2026

      Iran’s Unprecedented Assault Thwarted: Israel and Allies Block Major Attack

      April 29, 2026

      Olympic Outrage: Nike’s Skimpy Women’s Kit Sparks Backlash from Athletes

      April 29, 2026

      Intel is now worth more than Oracle as its stock explodes higher

      May 5, 2026

      How Beyond Meat sank from a $14 billion plant-based protein powerhouse to a penny stock

      May 1, 2026

      Goldman didn’t deliver the blowout earnings that was expected, and the stock is falling

      April 30, 2026

      Nio Founder Advocates Openness in Rare US Speech Amid China-US EV Trade Tensions

      April 29, 2026

      FOREX-Dollar Declines Amidst Asian and European Currency Surge

      January 24, 2026

      Goldman Sachs Warns of Potential Risks to European Stocks if Trump Secures Presidential Victory

      January 24, 2026

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      India Bonds Make Waves Worldwide as Foreign Investors Rush In

      April 1, 2026

      TSX Futures Rally as Commodity Prices Surge Ahead of Bank of Canada Decision

      January 24, 2026

      Today’s Stock Market: US Equities Rise Once More, Fueled by Tech Sector Momentum.

      January 22, 2026

      Morgan Stanley and JPMorgan Advise Purchasing the dip Amid Treasury Sell-off Downturn.

      January 21, 2026

      Intel is now worth more than Oracle as its stock explodes higher

      May 5, 2026

      Stocks can rally even without a ‘full return to normality,’ says HSBC

      May 1, 2026

      Here’s how much weight-loss drugs Wegovy, Zepbound and Foundayo cost — and how to pick the best GLP-1 for you

      May 1, 2026

      How Beyond Meat sank from a $14 billion plant-based protein powerhouse to a penny stock

      May 1, 2026
    • LIST & RANKING

      Top CEO’s of the Year

      January 18, 2026

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      The Best Online Brokers

      January 18, 2024

      The Most Profitable Businesses

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » In an important step forward, Norway, Ireland, and Spain have said they will recognize a Palestinian state.
    Economy

    In an important step forward, Norway, Ireland, and Spain have said they will recognize a Palestinian state.

    May 22, 2024No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    20240522030540 664da1586013bbf0db38b848jpeg
    Share
    Facebook Twitter LinkedIn Pinterest Email

    On Wednesday, Norway, Ireland, and Spain said they would recognize a Palestinian state. This was a historic move that made Israel angry and made the Palestinians happy. Israel sent its ambassadors from Norway and Ireland back right away.

    The official award will be given on May 28. This is a step toward a long-held goal for the Palestinians. It happened while the world was outraged over the number of civilian deaths and the humanitarian crisis in the Gaza Strip after Israel’s offensive there.

    A flood of announcements came at once. Japan was the first country to say something. Their prime minister, Jonas Gahr Støre, said, “There can’t be peace in the Middle East if there is no recognition.”

    He said, “By recognizing a Palestinian state, Norway supports the Arab peace plan.” He also said that Norway would “treat Palestine as an independent state with all the rights and duties that comes with that.”

    In the past few weeks, several European Union countries have said they plan to recognize the Palestinian state, saying that a two-state solution is necessary for long-term peace in the area.

    The decision could make other EU countries more likely to recognize a Palestinian state. It could also lead to more action at the UN, which would make Israel even more alone.

    Many people in Norway, which is not a member of the EU but follows its lead, want Israel and the Palestinians to have two separate states.

    “They did this through Hamas and other militant groups that don’t support a two-state solution or the state of Israel,” the head of the Norwegian government said. “Palestine has a basic right to be its own country.”

    Since the first attack on Israel by militants led by Hamas on October 7, Israeli forces have attacked the northern and southern edges of the Gaza Strip in May. This has forced hundreds of thousands of people to leave the area and severely limited the flow of aid, which has increased the risk of famine.

    The announcements on Wednesday come more than 30 years after the first Oslo agreement was signed in 1993. They said that since then, “the Palestinians have taken important steps toward a two-state solution.”

    It also said that in 2011, the World Bank said that a Palestinian state met important requirements to be a state. This means that national institutions have been set up to provide important services to the people.

    It said, “The situation in Palestine is still worse than it has been in decades because of the war in Gaza and the constant growth of illegal settlements in the West Bank.”

    The Irish Prime Minister, Simon Harris, said that the move was planned with Spain and Norway. He also said that it was a “historic and important day for Ireland and for Palestine.” He said it was meant to help find a two-state solution to the conflict between Israel and the Palestinians.

    Harris said that he believes more countries will recognize a Palestinian state “in the weeks ahead,” after Norway, Spain, and Ireland.

    Pedro Sánchez, who has been Prime Minister of Spain and the country’s Socialist leader since 2018, made the expected announcement to the Parliament on Wednesday. For months, he went on trips in Europe and the Middle East to get support for both the recognition and a possible end to the fighting in Gaza. He’s said more than once that he was set on making the move.

    People died in Palestine in the past, and this plan won’t bring them back. But Sánchez said, “We believe it will give the Palestinians two things that are very important for their present and their future: dignity and hope.”

    As Sánchez said, “This recognition is not against anyone, it is not against the Israeli people.” However, he did say that he knew it would probably lead to diplomatic problems with Israel. “It is an action that promotes peace, fairness, and morality.”

    According to Sánchez, the move is needed to protect a two-state solution that, as he put it, “is in serious danger” because of the war in Gaza.

    The leader of Spain said, “I have spent weeks and months talking with leaders inside and outside of the region, and one thing is clear: Prime Minister (Benjamin) Netanyahu does not have a plan for peace for Palestine, even though the fight against Hamas is important.”

    This month, Spain’s Foreign Minister José Albares said he had told Antony Blinken, the U.S. Secretary of State, that his government wanted to recognize a Palestinian state.

    A senior policy fellow at the European Council on Foreign Relations named Hugh Lovatt said, “Recognition is a real step toward a viable political path leading to Palestinian self-determination.”

    However, he said that it would only work if it came with “real steps to counter Israel’s annexation and settlement of Palestinian territory, such as banning settlement goods and financial services.”

    Israel Katz, who is the country’s foreign minister, told Israel’s ambassadors in Ireland and Norway to come back to Israel right away. He spoke before Spain said anything.

    “Today, Ireland and Norway want to send a message to the Palestinians and the rest of the world: murder pays,” Katz said.

    He said that recognizing them could make it harder to get Israel’s hostages back who are being held in Gaza and that it would “reward the jihadists of Hamas and Iran,” which would make a cease-fire less likely. He also said that if Spain took the same stance, he would recall Israel’s ambassador to Spain.

    Gahr Støre said, “We will take note of that” when asked about Israel’s decision to call back its ambassador in Oslo. We don’t agree with this government on many things. We both agree that Hamas’s cruel attack on October 7 is wrong.

    When he spoke after Norway’s announcement, Mahmoud Abbas, the president of Palestine, praised the move and asked other countries to do the same.

    In a statement carried by the official Wafa news agency, Abbas said that Norway’s decision will protect “the right to self-determination of the Palestinian people” and help the process of creating a two-state solution with Israel.

    More than two-thirds of UN members, or 140 countries, have already recognized a Palestinian state. However, none of the major Western powers have done so. This move could put more pressure on France and Germany, two of the biggest countries in Europe, to change their minds.

    As a way to end the most difficult conflict in the Middle East, many countries, including the US and UK, have supported the idea of a separate Palestinian state living next to Israel. But they are adamant that Palestinian independence should come as part of a deal that is worked out through talks.
    The head of the Arab League said that what the three European countries did was “courageous.”

    According to Ahmed Aboul-Gheit, secretary-general of the Arab League, the three countries have taken a step that puts them on the right side of history in this conflict. He wrote about it on the social media site X.

    It was also praised by Turkey, which said it was a big step toward restoring the “usurped rights of the Palestinians.”

    The Turkish Foreign Ministry also said that the move would help “Palestine get the status it deserves in the world.”

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Why elevated U.S. tariffs could stick around for years — even after Trump leaves office

    May 1, 2026

    The U.S. goods trade gap reaches a record high as companies try to evade Trump’s tariffs.

    April 30, 2026

    Canadian Musicians Face U.S. Tour Challenges in Trump Era

    April 30, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2025

    These are the 2024 Moneyist articles that got the most views.

    December 31, 2024

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2025
    Don't Miss
    Companies

    Intel is now worth more than Oracle as its stock explodes higher

    May 5, 2026

    In recent financial news, Intel Corporation has surpassed Oracle Corporation in market capitalization, attracting significant…

    Keep calm and carry on buying the dip, says JPMorgan

    May 1, 2026

    Stocks can rally even without a ‘full return to normality,’ says HSBC

    May 1, 2026

    The best places to invest now are Chinese tech stocks and this out-of-fashion sector, according to Bank of America

    May 1, 2026
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • im 66024535
      Intel is now worth more than Oracle as its stock explodes higher
    • im 64402449
      Keep calm and carry on buying the dip, says JPMorgan
    • Stocks Can Rally Even Without A Full Return To Normality Says Hsbc
      Stocks can rally even without a ‘full return to normality,’ says HSBC

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.