U.S. Treasury Secretary Janet Yellen has expressed concern over Israel's threats to cut off Palestinian banks, citing potential negative impacts on the Palestinian economy. Yellen's remarks come amidst escalating tensions in the region following recent violence between Israel and Palestinian militant groups.
Israel has reportedly warned that it may take action against Palestinian banks that provide financial services to families of Palestinian prisoners or individuals involved in attacks against Israelis. This move could have serious repercussions for the Palestinian banking sector and the broader economy.
