US urges Israel to extend waiver on co-operation with Palestinian banks

Israel's decision for a month's waiver extension on co-operation between Israeli and Palestinian banks covered a "very short term" and would create "another looming crisis" by Nov. 30, the United States warned on Thursday. The remarks came after a spokesman for Israeli Finance Minister Bezalel Smotrich said he would sign the waiver to extend banks' co-operation for another month after the cabinet agreed (Read more at AOL).