Financial pressure on Israel?

Chris Burford cburford at gn.apc.org
Mon Apr 8 23:56:07 PDT 2002


While Powell continues his circuitous route to Israel, and the Palestinians are being killed and terrorised into submission, I want to ask what financial levers actually exist on Israel.

The US government clearly does not want to rein Sharon back too early, but logically if it did, what would it have to do, perhaps together with the IMF, to engineer an immediate, drastic, and uncontrovertible liquidity crisis for Israel?

After all Saddam's oil cuts must be intended to raise the extra cost of oil for the west by billions of dollars.

So just to play counterfactual history before history has been completed, what would an ethical US president do to bring Israel to heel financially?

Chris Burford

London



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