Palestinian Authority faces financial crisis
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RAMALLAH, West Bank -- Senior Palestinian officials struggled yesterday to stabilize the financial operations of the Palestinian Authority, as Yasser Arafat lingered at what an envoy termed a &quot;critical juncture between life and death.&quot;
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Palestinian Prime Minister Ismail Haniyeh appealed on Monday to the United States and other Middle East mediators to restore economic aid to the Palestinian Authority in response to a Hamas-Fatah unity deal.
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Palestinian leader Mahmoud Abbas, the leading contender to succeed Yasser Arafat, said Friday that Israeli Prime Minister Ariel Sharon's hope of annexing West Bank settlements and keeping all of Jerusalem in a final peace deal is a disaster that could torpedo efforts to restart peace talks.
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The Palestinian economy remained mired in deep recession in the four years since the Intifada began in September 2000, in part because of frequent closures at the Israeli border, a new World Bank report said.
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The State Department is considering supporting the Palestinian Authority in its quest to avoid paying hundreds of millions of dollars in judgments won by American victims of Palestinian terrorist attacks in Israel, according to Palestinian officials and defense lawyers involved in the cases.
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Sunday&#39;s violent confrontation between militants and bodyguards protecting the interim Palestinian leader was the latest sign of the challenges ahead for Palestinians
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The Hamas-led Palestinian government does not have enough money to pay tens of thousands of employees, the finance minister said Wednesday, raising fears of more unrest in the chaotic West Bank and Gaza Strip.
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The Palestinian president, Mahmoud Abbas, faces the collapse of Fatah power in Gaza and a putative Palestinian state divided between Fatah and Hamas.
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"We will work to secure all basic needs for our people in Gaza"  The emergency government that Palestinian President Mahmoud Abbas installed after Islamic militants seized control of Gaza reaped its first windfall on Monday, with the European Union promising to restore hundreds of millions of dollars in crucial aid.The EU traditionally has been the Palestinian Authority's largest donor, and the reinstatement of aid, cut off after the Islamic Hamas movement took power 15 months ago, could signal the beginning of the end to a crippling international boycott. Read more
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PARIS, Dec. 17 -- Countries and international organizations pledged $7.4 billion in assistance to the impoverished Palestinian Authority at a conference in Paris on Monday, saying that an infusion of cash would help the peace process begun by the United States last month in Annapolis, Md.
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The European Union prepared Monday to inject funds into the fragile Palestinian emergency government and send aid to people in the strife-torn Gaza Strip, urging Israel to follow suit.
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The Western-backed government of Palestinian President Mahmoud Abbas estimates that it will need at least $1.62 billion in donor assistance per year to close its soaring budget gap, the World Bank said.
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MECCA, Saudi Arabia  - Palestinian President Mahmoud Abbas held crisis talks with Hamas in Saudi Arabia on Wednesday in an effort to forge a unity government and end internecine violence that has killed scores since December.
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A mysterious ailment has weakened Yasir Arafat and raised concerns that Palestinian politics could be plunged into turmoil.
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The Bush administration on Wednesday  announced it was giving $20 million in direct aid to the  Palestinian Authority to help it through a financial crisis.
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RAMALLAH, West Bank  - Palestinian President Mahmoud Abbas swore in an emergency government on Sunday in a move that could bolster him in his power struggle with Islamist rivals by unlocking foreign aid in the West Bank.
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PALESTINIAN prime minister Ahmed Qurie has again threatened to resign over differences with leader Yasser Arafat ahead of a meeting of donor countries who help fund the Palestinian Authority, officials said today.