Thursday, January 15, 2009

U.S. may cut $1b in loan guarantees to Israel over West Bank settlements

The United States administration plans to cut about $1 billion from the balance of its loan guarantees to Israel because of its investments in the settlements. The balance currently stands at $4.6 billion.

Then, another $2 billion to rebuild Gaza. But, alas, this is only "loan guarantees" - I'm talking cold, hard cash...

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