Sunday, March 03, 2013

Israel prepares to take aid hit as US enacts budget cuts

A worst-case scenario would be the U.S. cutting $500 million from its $3.15 billion foreign aid to Israel • Finance minister: The economic difficulties in the U.S. worry us. I hope they do not hurt us.

U.S. President Barack Obama at a White House briefing on Friday.
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Photo credit: AFP

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