World news, Christian news, and prophecy updates pointing to the imminent return of Jesus Christ and the end of the age.
The first phase of the Trump-Kushner “Deal of the Century” has been unveiled as the Bahraini peace summit is set to kick off tomorrow. Will this be the foundation of the Daniel 9:27 confirmation of a covenant that is yet to come?
This peace plan—at least the initial economic portion—is officially being called “Peace to Prosperity.” From Fox News:
A senior White House official, speaking on background, said the Bahrain workshop is an “opportunity of the century,” for the Palestinians and the region.
The $50 billion would be raised with $15 billion in grants, $25 billion in low-interest loans and $11 billion in private capital.
The U.S. will consider making a large investment to the funding, along with other countries, but everything is contingent on the agreement of a good governance mechanism. The hope is that the money can’t be siphoned off by corrupt politicians or be misappropriated and given to the families of terrorists – a tactic used openly by the Palestinians.
The money will be earmarked for major infrastructure projects in the hope of leading to a domino effect for the Palestinian economy and neighboring Arab states. Tourism, water and energy projects are also expected to be a major part of the investments.
A White House fact sheet released Saturday said the money would be invested over 10 years and also would lead to major investment, not just for the Palestinians but also the neighboring countries of Jordan, Egypt and Lebanon.
President Trump’s plan for peace between the Israelis and Palestinians will be presented Tuesday in Bahrain, as part of what the White House calls an “opportunity of the century” nearly two years in the making [hint-hint: starting at the same time as the Great American Eclipse, 33 days before the Revelation 12 Sign].
The “Peace to Prosperity” venture, which was rolled out over the weekend and is being officially proposed in Manama during a two-day workshop, seeks to raise about $50 billion. The plan offers “an ambitious, achievable vision and framework for a prosperous future for the Palestinian people [dividing God’s land] and the region [a covenant with many],” according to a White House statement.
The administration’s team — led by senior White House adviser Jared Kushner; Jason Greenblatt, U.S. envoy for international negotiations; and David Friedman, U.S. ambassador to Israel — has developed a detailed portfolio of projects to stimulate economic growth with the aim of doubling the Palestinian GDP and creating more than 1 million new jobs as well as reducing poverty and unemployment rates, Fox News has learned.
The plan is being likened to a Marshall Plan for Palestinians and the broader region. The Marshall Plan invested billions of dollars to shore up the economies of Western Europe following the end of World War II.
The growing number of workshop attendees may offer a clue that the world is ready to move on from years of stagnation and finally get some sort of agreement.
Still, problems remain. The Palestinians are boycotting the workshop and the Israeli government was not invited, though some Israeli business figures are expected to attend.
On Saturday, according to the Israeli news agency TPS, Palestinian Authority President Mahmoud Abbas dismissed the workshop saying, “As long as there is no political [solution], we do not deal with any economic [solution].”
Yet Israeli Prime Minister Benjamin Netanyahu was reported by the Times of Israel as saying he would that he would listen to the American plan and “hear it fairly and with openness.”
Fatah, the ruling group of the PA, has reportedly gone to great lengths to encourage protests and violence in the West Bank and Gaza on the days of the workshop — even threatening fellow Palestinians who have shown an interest in going. Some Palestinians are undaunted and plan to attend.
But as the political climate of the region has changed, the Palestinians who had been trying to pressure Arab countries to sit out the Bahrain confab appear to have failed in having them boycott the event — as senior officials from Saudi Arabia, Egypt, Morocco, the United Arab Emirates, Jordan and even Qatar are among those expected to attend.
“It’s a big victory that [Bahrain] is still happening,” said the senior White House official, who also wondered whether the strong attendance by influential Arab countries meant that the Palestinians still hold a pair of aces when it comes to having an automatic veto over the Arab world on the peace process.
An overview of the official White House release of the plan can be found here. The complete title of the plan is as follows: