Abbas accuses Israel of waging ‘genocidal war’ in Gaza, in pre-recorded UN speech

Palestinian President Mahmoud Abbas delivered a pre-recorded speech at the United Nations, where he accused Israel of waging a "genocidal war" in Gaza. This statement highlights the escalating tensions between Israel and the Palestinian people, with Abbas warning that they are facing one of the most dangerous phases in their history. The conflict in Gaza and the expansion of settlements in the occupied West Bank are significant concerns for the international community, and Abbas' speech is likely to impact diplomatic relations between Israel and other countries.

Why it matters

The escalation of tensions between Israel and Palestine could lead to further violence and instability in the region. This could negatively impact investor sentiment and lead to a decline in risk assets.

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