Indonesia Moves To Normalize Ties With Israel For OECD Membership Bid: Report


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Indonesia is considering establishing formal ties with Israel to help secure its membership in the OECD, a key global economic organization.

What Happened? Indonesia, in a strategic move, is engaging in discussions to normalize relations with Israel, according to The Times of Israel. This effort is part of its bid to join the Organization for Economic Cooperation and Development (OECD), following talks involving OECD officials and both countries.

This marks a potential shift in Indonesia's foreign policy, which has historically supported Palestine, reflecting Indonesia's broader aspirations for economic development and international recognition.

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Why It Matters: Normalizing ties with Israel not only positions Indonesia closer to OECD membership but also signals a significant geopolitical shift. It underscores the complex balancing act countries face between upholding traditional political stances and pursuing economic growth and global integration.

This development could influence regional dynamics and demonstrate the evolving nature of international relations, where economic objectives can prompt the reconsideration of long-standing political positions.

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image: Shutterstock


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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