Bibi’s comments boiled down, “if you love them so much, you take them.”

This announcement is de facto recognising a Palestinian state, they will have to wait until September to de jure recognise the state (thankyou CK2 for explaining that distinction.)

Cue a bottle of russian vodka being delivered to Pete’s office

In value yes, but as a tool it’s very valuable

Further to that it is also what they pay their debt in. You can buy debt in dollars and earn interest in dollars