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.
The Pentagon has embraced a controversial policy of destroying enemy nuclear missiles before they launch, an...
The US secretary of state has outlined a series of steep demands to be included in...
Veteran Japanese climber Nobukazu Kuriki died on Mount Everest Monday as he attempted his eighth...
This is Pakistan’s Me Too moment.
A handful of Pakistani women recently went public to accuse famous actor and...
