"Turkey forced Israeli to blink–’freezes’ $56 billion defense deals
Posted on June 21, 2010 by The Editors
Turkey has the leverage of financial pressure and it is surely using it on Tel Aviv. Israelis understand the concept of money, and Ankara is pushing all the right buttons, hitting them hard where it matters. The question being asked in diplomatic circles is, will the financial pressure on the military industrial complex of Israel force a change in Mr. Natenyahu’s policy towards the Palestinians? Israel has never had to face this sort of economic pressure in its history. The US and Western Europe cannot make up $56 billion and other ongoing losses. Will it force Tel Aviv to pause and think? The Israeli military is hard pressed to find alternate places to get information on Iran. The fiasco with the Turks is costing them a lot of money at a time when they are facing international approbation."
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