FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

SECURITY: US Threatens To Withhold Weapons If Israel Doesn't Address Gaza Crisis

SECURITY
EM BulletFixed Income BulletsHomepagemarkets-real-timePolitical RiskCommoditiesPolitical Risk BulletBulletMarketsEmerging Market NewsForeign Exchange Bullets

The Biden administration has threatened to restrict arms transfers to Israel, if it doesn’t take ‘concrete steps’ to resolve the humanitarian crisis in the Gaza Strip within a month, according to a letter reported by Israel’s N12 network.

  • US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said in a letter to Israeli Minister of Strategic Affairs Ron Dermer and Defence Minister Yoav Gallant that, "In accordance with Israel's commitment in March 2024” Israel must not “prevent the transfer of American humanitarian aid or aid supported by the government in Gaza.”
  • The letter continues: “Israel must take concrete steps within 30 days. Failure to implement these steps may lead to consequences for the policy of the United States in accordance with American law.”
  • The letter appears limited in scope and is similar to a previous threat by the Biden administration ahead of Israel’s invasion of Rafah that resulted in the US withholding the transfer of 2,000-pound bombs.
  • As the letter is focused on relieving an escalating humanitarian crisis in Gaza and does not appear to touch on Israel’s broader military operation Gaza, or its ongoing operation in Lebanon, it is unlikely to compel a major pivot in Israel’s strategy. 
197 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The Biden administration has threatened to restrict arms transfers to Israel, if it doesn’t take ‘concrete steps’ to resolve the humanitarian crisis in the Gaza Strip within a month, according to a letter reported by Israel’s N12 network.

  • US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said in a letter to Israeli Minister of Strategic Affairs Ron Dermer and Defence Minister Yoav Gallant that, "In accordance with Israel's commitment in March 2024” Israel must not “prevent the transfer of American humanitarian aid or aid supported by the government in Gaza.”
  • The letter continues: “Israel must take concrete steps within 30 days. Failure to implement these steps may lead to consequences for the policy of the United States in accordance with American law.”
  • The letter appears limited in scope and is similar to a previous threat by the Biden administration ahead of Israel’s invasion of Rafah that resulted in the US withholding the transfer of 2,000-pound bombs.
  • As the letter is focused on relieving an escalating humanitarian crisis in Gaza and does not appear to touch on Israel’s broader military operation Gaza, or its ongoing operation in Lebanon, it is unlikely to compel a major pivot in Israel’s strategy.