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Obama: Economically Successful Israel Makes Middle East Peace More Difficult

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President Barack Obama gestures as he speaks at the 'Usina del Arte' cultural centre in Buenos Aires on March 23, 2016. The United States and Argentina sealed a major trade deal on the eve -the first day of President Barack Obama's visit- bolstering the efforts of his counterpart to end a decade-and-a-half of international financial isolation. (NICHOLAS KAMM/AFP/Getty Images)

President Barack Obama conceded Wednesday that a two-state solution to bring peace between the Israelis and the Palestinian Authority won’t happen under his administration — and claimed that the failure was, at least in part, due to Israel's continued economic success.

The admission came during a town hall forum in Argentina, when Obama told the crowd that "because Israeli society has been so successful economically, it has, I think, from a position of strength, been less willing to make concessions” to the Palestinians.

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