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Declaration of Israel as the Jewish State
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Israel destroys the Egyptian air force on the ground, conquers and occupies Sinai and Gaza, then conquers the West Bank from Jordan, and Golan Heights from Syria
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Peace treaty signed between Egypt and Israel.
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offered peace if Israel withdrew from land captured in the 1967 war, allowed a Palestinian State and allowed the release of Palestinian refugees.
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Still struggling with the same problems it had faced in the beginning, crippling economic condition and the same tensions between leaders of opposing parties and states.