US sells ambassador's home in Israel for $67M, cementing embassy move to Jerusalem - News Summed Up

US sells ambassador's home in Israel for $67M, cementing embassy move to Jerusalem


President-elect Joe Biden has criticized the decision to move the embassy to Jerusalem but says he will not reverse it. Israel seized east Jerusalem in the 1967 war and later annexed it in a move not recognized internationally. The Palestinians want east Jerusalem to be the capital of their future state. Nearly all countries maintain their embassies in Tel Aviv because of the dispute over east Jerusalem. In Israel, the sale price listed by the tax authority almost always matches the actual sale price, but in exceptional cases – for example, when a property is gifted to someone – the two may differ.


Source: Fox News December 29, 2020 13:18 UTC



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