Palestine: Fatah Hamas Reconciliation Agreement Signed
On Wednesday, Fatah and Hamas signed the proposed reconciliation agreement in Cairo following final negotiations. The deal has been heavily criticized by the Israeli Government, who is currently withholding $90 million in tax revenue owed to the Palestinian Authority. Israel collects nearly a $1 billion annually in tax revenues and customs on behalf of the PA. The revenue is transferred in accordance with terms of the Oslo accords. Hamas has announced that the they will honor a previous ceasefire with Israel following the signing of the agreement and the formation of a unity government.
