An Israeli businessman has offered $1 billion dollars to Palestinian Prime Minister Ismail Haniye if he reaches a peace agreement with his Israeli counterpart.

Billionaire Israeli businessman Avi Shaked, whose great fortune came from running internet gambling sites, told the Reuters news agency that he wanted the killing to stop.

“My offer is to both leaders: please sit down, start negotiations and try to reach an agreement.”

The Internet tycoon said that he was ready to hand over the money through a consortium of international financiers he has lined up if a deal was made.

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