The U.S. government has informed Israel that it will recommend that Congress approve a three-year extension of loan guarantees to Israel, worth $3.8 billion.
The announcement came after several months of worry in Israel that the loan guarantees would not be extended, despite Israel's request.
Deputy U.S. Secretary of State Thomas Nides and Deputy U.S. Treasury Secretary Neil Wolin announced the American decision at a meeting with Israeli Deputy Foreign Minister Danny Ayalon on Monday.
According to a senior U.S. official, the two emphasized to Ayalon that the recommendation to extend the guarantees through September 2015 would receive wide support from both parties in Congress and would be approved without any problems in the near future.
TVNL Comment: You can bet the ranch that this will result in an overhwelming, bipartisan vote of approval. AIPAC rules.
A bill "aimed at combating renewed forms of antisemitism", which is due to be debated on...
President Volodymyr Zelensky announced that Ukraine and Saudi Arabia have reached an important agreement on defense...
A group of anti-war, US military veterans have slammed what they say are Israeli interests guiding...
Law enforcement officers foiled a plot to assassinate New York-based Palestinian American activist Nerdeen Kiswani and...
