FIRST AIRED: November 9, 2016

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>> Trump's surprising victory in the US presidential election promises to have profound repercussions for the world both for financial markets and here in the Middle East. I'm Luke Baker, the Bureau Chief of Reuters in Jerusalem. Trump's victory probably has positive repercussions for Israel. First of all, Trump has said that he'll move that US embassy from Tel Aviv to here in Jerusalem.
That would enshrine Jerusalem as the capital of Israel. Something Israel has always longed for. He also will probably take quite a standoffish approach to the Middle East peace negotiations, freeing Israel up to continue with things like settlement building on land the Palestinians want for their own state.>> I think Trump will be better for Israel.
>> And as you see, my hat is all for making America great, because I feel when America is great and back on its feet, which it hasn't been for a long, long time, then Israel will be stronger and Israel will be even greater.>> From the Palestinian point of view, having Jerusalem enshrined as Israel's capital is a fundamental problem.
They have long maintained that they should have their own capital in Jerusalem if there is a resolution to the Middle East conflict.>> Of course it will affect us the most, the Palestinians, the Palestinian people. The Palestinian issue will be put in a freezer for another four years.
>> Although some of the issues here in Israel and Palestine may be clear, in the wider region it remains very unclear.
en it comes to Syria and Iraq, Donald Trump has played a rather a guessing game. In some cases, he's given his support to some of Russia's policy in Syria and given some indication of backing for President Assad.
He's widely criticized the Obama administration's attempts to bring peace and calm in Iraq, but hasn't really provided any clarity on what his own policies would be.