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TEL AVIV, Israel -- Boosted by newly discovered natural resources, Israel is surging ahead economically – a success that is pushing the issue of the country's $3 billion in annual aid from the United States onto the agenda. The country made its first intervention in the foreign currency market in almost two years Tuesday, buying $100 million to peg back the growing strength of its shekel. A Bloomberg survey this week said the shekel was the strongest of 31 major currencies tracked over the last six months. Last week, Israel passed another milestone, a potential gamechanger for its economy. Gas began to flow from gas fields off the coast. By 2015 Israel is expected to be fully energy independent, and may be a net exporter. And there’s more good news: In this water-challenged region, Israel is well on the way to water independence. Its water desalination industry supplies up to 40 percent of the country’s demand for water, and another 40 percent comes from recycled water from domestic and commercial consumption. Israel reuses its water two to three times. The boom may give a louder voice to calls for a reduction to the $3 billion worth of financial assistance Israel receives from the U.S. each year – especially in the Washington, where budget battles continue.
Let's 0 them both out and use that much needed funding back home. Israel also has a domestic arms industry that is quite capable as well as international for their own exports as I've followed. 0'ing one and not the other though? Well....War isn't the end result I think anyone wants to see.
Originally posted by Swills
reply to post by Wrabbit2000
Egypt is run by the Muslim Brotherhood so F them, cut em off.
But doesn't the money that is put on Israel return to the US (and allies) in purchases of armament and to buy political influence as well as a distraction for the Arabs from the artificiality of the House of Saud and maintain the OPEC support of the petro dollar ?
Originally posted by FreedomEntered
haha.. you are sending money to the Israel because you NEED them.
Dont be so naive, this is politics! And where Israel is in the MiddleEast makes it a worthy ally.edit on 15-4-2013 by FreedomEntered because: (no reason given)