Yoram Ettinger

Stories by Yoram Ettinger

Aid To Israel Isn’t Foreign Aid; It’s An Investment

Aid To Israel Isn’t Foreign Aid; It’s An Investment
Aid To Israel Isn’t Foreign Aid; It’s An Investment

Israel faces increasingly tight restrictions on its Foreign Military Financing from the U.S., as Breaking D readers know. In the past, when the US provided Israeli with grants under the Foreign Military Financing (FMF) program, Israel could convert 25 percent of the aid from dollars into shekels to buy Israeli products and support local R&D. The…