3 Underappreciated Israeli Stocks to Buy
Don't ignore the high-tech Middle Eastern nation
By Aaron Levitt
Source: Investor Place
http://investorplace.com/2015/09/israel ... gCmFdIirIU
After months of negotiating, the United States and Israel have signed a huge, $38 billion deal for military aid to the Jewish state — with some changes from previous pacts between the countries.
The 10-year agreement is the largest in U.S. history, with a significant portion of the money expected to be used to upgrade Israel's air force to Lockheed Martin's F-35 fighter aircraft.
Israel can't lobby Congress for more money unless a war breaks out. It says that funds for missile defense are included in the $38 billion — previously, that money was negotiated separately.
And it states that Israel can't use any of the U.S.-provided funds for fuel, meaning more of the aid comes back to U.S. defense manufacturers.
The decision to abstain from the council’s 14-0 vote is one of the biggest American rebukes of its longstanding ally in recent memory.
And it could have significant ramifications for the Jewish state, potentially hindering Israel’s negotiating position in future peace talks.
Given the world’s widespread opposition to settlements, the action will be almost impossible for anyone, including Trump, to reverse.
Return to ASIA, OCEANIA & AFRICA: Data, News & Commentaries
Users browsing this forum: No registered users and 12 guests