The consequences for Israel — and for the Palestinians themselves.
For Mahmoud Abbas, the apparent election of Joe Biden as the 46th president of the United States is sheer relief. As a result of his disagreement with President Donald Trump’s “Peace of the Century,” he severed his ties with the Trump administration, and in May, he suspended the security coordination with Israel. Abbas also, among other things, refused to accept tax money Israel collected from Palestinians working in Israel that is transferred to the Palestinian Authority (PA). This has just about emptied the PA’s coffers, and brought about the near collapse of the Palestinian economy.
