Prior to heading for the Copenhagen Climate Conference, US President Barak Obama signed a foreign aid bill, which includes $2.775 billion in military aid for Israel.
According to the bill signed two years ago, Israel is to receive $30 billion in defense aid from the United States in the next decade. This current allocation is the second under this ten-year agreement.
For a first time, the PA (Palestinian Authority) will be enjoying a piece of the American foreign aid pie, to the tune of $500,000. The strings attached to the allocation include the funds only being allocated to PA ministries meeting the approval of the Quartet, America, the UN, EU and Russia.
(Yechiel Spira – YWN Israel)