Saturday, April 08, 2006

US, EU Shut Off Money Tap to Palestinian Authority

As I pointed out here after the Hamas election win, it is illegal for the US to give aid to a designated Foreign Terrorist Organization.

From Reuters:
WASHINGTON (Reuters) - The United States and the European Commission suspended aid to the new Hamas-led Palestinian government on Friday, pushing the Palestinian Authority closer to financial collapse.

The State Department, making its announcement, said it would boost humanitarian aid to the Palestinians through U.N. agencies to avoid widespread distress in the West Bank and Gaza Strip, but the United States would not fund an organization committed to the destruction of Israel.
But surely, their Muslim brothers will rush in to fill the gap?
Hamas has appealed to Arab states and Iran to fill the shortfall, but has not even been able to find a bank willing to handle its finances.
Maybe because its chief (only) export is terrorism.

Also posted at The Jawa Report and Vince Aut Morire.