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, Dec. 24 (Xinhua) -- The Palestinians on Sunday slammed Israel's plan to build 300,000 new settlement units in East Jerusalem, while vowing to consider a comprehensive review of the peace process.
The Palestinian Ministry of Foreign Affairs and Expatriates said in a statement that the Israeli plan is "part of Israel's colonial and expansionist projects" that are implemented by the Israeli government encouraged by the latest move by U.S. President Donald Trump to recognize Jerusalem as Israel's capital.
The ministry held Trump "fully responsible" for any new measures taken by Israel against the Palestinian people, their land and holy sites.
The Palestine Liberation Organization (PLO) on Sunday also warned of possible repercussions of Israel's "Greater Jerusalem" plan that seeks to connect more settlements geographically and cut off West Bank's contiguity.
, Palestinian President Mahmoud Abbas's Fatah party said on Sunday that Fatah's Central Council will consider "a comprehensive review of the Palestinian-Israeli peace process" at an upcoming meeting.
Azzam Al-Ahmad, a member of Fatah's executive committee, told the Voice of Palestine that the Palestinian leadership is going to review its ties with Israel, due to the latter's failure to uphold its obligations under international law.
He added that the Palestinians will take further diplomatic efforts at the UN General Assembly air jordan 13 altitude green mens
, UN Security Council and even the International Criminal Court, in response to the U.S. move on Jerusalem.
Trump announced on Dec. 6 to officially recognize Jerusalem as Israel's capital and ordered to move the U.S. embassy in Israel to the disputed holy city, revered by Muslims, Jews and Christians.
Israel has claimed the whole city of Jerusalem as its eternal capital air jordan 13 altitude mens cheap
, while the Palestinians want East Jerusalem, occupied by Israel since the 1967 war, as the capital of their future independent state.
This move has sparked widespread protests from Arab and Islamic countries across the world, and violent clashes between Palestinian protesters and Israeli forces in the past weeks.
In a major rebuttal to the U.S. air jordan 13 altitude mens shoes
, the UN General Assembly overwhelmingly passed a resolution on Thursday to reject the U.S. recent move on Jerusalem, demanding all member states comply with UN Security Council's resolutions regarding the status of Jerusalem.
CHINA’S largest ride-hailing service provider Didi Chuxing said yesterday it was acquiring Uber’s China operations through a share swap deal that effectively eliminates its biggest rival in the country.
Didi’s move comes only a year-and-a-half after it acquired another local rival Kuaidi.
Didi in US$35b deal to buy Uber China
Uber China thus becomes the latest foreign Internet brand to tie up with a local partner in an intensely competitive market.
Didi will combine the San Francisco-headquartered company’s China-based technology capabilities and brand assets.
But Uber will continue to operate independently, Didi said.
The merger is valued at around US$35 billion with Uber holding a 20 percent stake in Didi, making the American firm its biggest shareholder.
Uber founder Travis Kalanick will join Didi’s board while Didi Chuxing founder Cheng Wei will be on the Uber board.
Reuters reported that Didi was valued at US$28 billion and Uber China US$7 billion.
“Didi has been a fierce competitor and I respect all that Didi and their team have accomplished air jordan 13 altitude mens for sale
,” Uber Chief Executive Officer Travis Kalanick said in a statement. “Sustainably serving China’s cities, and the riders and drivers who live in them, is only possible with profitability.”
Uber and Didi have been locked in a price war over the last two years with Didi covering a far bigger group of consumers and wider geographical area than Uber.
Uber operates in 60 Chinese cities, serving over 40 million rides per week. Didi serves 16 million rides per day.
Kalanick said earlier this year that the company was losing US$1 billion a year in China.
In a letter to their employees air jordan 13s altitude mens
, Didi’s Chief Executive Officer Cheng Wei and President Jean Liu said that “Uber is a spectacular rival” and urged staff to put more focus on providing better consumer experience for riders.
Rumors of the share swap started circulating last week with consumers expressing concern that rides would become costlier after the merger.
Both Didi and Uber offered subsidies making rides ordered from the Internet platforms cheaper than regular cabs.
“The market will see an even stronger player after the merger, forcing smaller ones such as Shenzhou and Yidao to offer new services to attract users,” said Zhang Xu, a research director at Analysys International’s Internet mobility research center.
Investors will clearly welcome the deal as they want the price war to end as soon as possible air jordan 13 altitude mens
, he added.
Industry watchers also pointed out that turning the massive losses in Uber China into a solid investment might clear the way for an expected Uber public stock offering next year.
Didi raised massive amount of capital before yesterday’s merger. In June, Didi said it raised US$4.5 billion in its latest round of fundraising from market leaders such as China Life, Ant Financial as well as new shareholders.
Apple Inc recently agreed to invest US$1 billion in Didi. Tencent, Alibaba jordan 13 altitude green mens
, China Merchants Bank and SoftBank have also invested in Didi. Baidu is one of the top Chinese investors of Uber China.
Last week, China laid out a framework to license drivers and vehicles for online ride-hailing applications and made it clear that they could operate legally in the country.
Didi said it was “the world’s first nationwide online ride-booking regulations.”
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