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Strategies & Market Trends : World Outlook

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To: Les H who wrote (48245)	10/13/2025 3:05:18 PM
From: Les H	Read Replies (1) of 48801

Bezalel Smotrich's "bonanza" refers to his highly controversial September 2025 proposal to turn Gaza into a "real estate bonanza" after Israel's military operations. The plan, which has been widely criticized, suggests redeveloping the devastated coastal enclave for profit after forcibly displacing its Palestinian population. Key components of Smotrich's "real estate bonanza" plan Demolition and rebuilding: Speaking at an urban renewal conference in Tel Aviv, Smotrich, the far-right Israeli Finance Minister, claimed that the "demolition phase" of Gaza was complete and that Israel now needed to "build". Forced displacement: The redevelopment plan is contingent on forcibly displacing the Palestinian population from Gaza, which would violate international law. Smotrich has historically supported expansionist policies and has proposed annexing large parts of the West Bank under the principle of "maximum land with minimum Arabs". Profit-sharing with the U.S.: Smotrich asserted that he was in talks with the Trump administration about how to share the proceeds from dividing up and selling land in Gaza. Echoes of Trump's proposals: The plan drew parallels to former U.S. President Donald Trump's earlier remarks about redeveloping Gaza into a "Riviera of the Middle East". Domestic and international reaction The plan has been met with outrage and condemnation from multiple parties. International criticism: International law experts condemned the proposal as a move to profit from the suffering and dispossession of a civilian population. Palestinian warnings: Palestinian and international warnings have mounted that Israel is using the devastation in Gaza as cover to advance forced displacement and ethnic cleansing. UN findings: A UN commission of inquiry concluded in September 2025 that Israel had committed genocide against Palestinians in Gaza, a charge that the Israeli government strongly denied. Israeli budget issues: The plan emerged as Israel faced significant economic challenges, including a strained national budget due to the high cost of the war. Smotrich announced spending cuts and tax hikes to fund the war effort.

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