A post by @FirstSquawk on X.
THE U.S. PLANS TO HALVE DIRECT MILITARY AID TO ISRAEL UNDER A NEW AGREEMENT, WITH ASSISTANCE GRADUALLY PHASED OUT OVER FIVE YEARS STARTING IN 2028, CUTTING MILITARY FINANCING FROM $33 BLN OVER 10 YEARS TO $16.5 BLN OVER FIVE YEARS WHILE…
@FirstSquawk on X
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The deal simultaneously increases funding for joint missile defense programs, according to a First Squawk report. The reduced package marks a significant shift in the long-standing U.S.-Israel aid relationship and could pressure Israel's defense budget planning over the next decade. Details on the expanded missile-defense funding and the full terms of the agreement are expected to be closely watched by markets and policymakers.
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Named in this story
United States, Israel