financetom
Business
financetom
/
Business
/
US has been holding up several weapons shipments to Israel for 2 weeks, source says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US has been holding up several weapons shipments to Israel for 2 weeks, source says
May 7, 2024 10:01 AM

WASHINGTON, May 7 (Reuters) - U.S. President Joe Biden's

administration has been holding up several shipment of weapons

to Israel for at least two weeks, a source familiar with the

matter said on Tuesday.

Politico, which broke the news, cited a U.S. official as

saying Washington wanted to send a political message to Israel.

Washington has said it could not support an Israeli invasion

of the Gaza border city of Rafah without an appropriate and

credible humanitarian plan.

The delayed shipments include small diameter tail kits

for unguided bombs made by Boeing ( BA ) that are designed to make them

more accurate, the source said, adding several direct commercial

sales that were in process for Israel were also being help up.

A pause in new sales would impede Israel's ability to

restock weapons it has used.

Boeing ( BA ) did not immediately respond to a request for

comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BriaCell Announces Clinical Supply Agreement with BeiGene for Bria-OTS First in Human Study
BriaCell Announces Clinical Supply Agreement with BeiGene for Bria-OTS First in Human Study
May 28, 2024
11:49 AM EDT, 05/28/2024 (MT Newswires) -- BriaCell Therapeutics ( BCTX ) developing novel immunotherapies to transform cancer care, on Tueaday said it reached a clinical supply agreement with Nasdaq-listed BeiGene ( BGNE ) to evaluate the safety and efficacy of Bria-OTS, its next generation immunotherapy, in combination with BeiGene's ( BGNE ) tislelizumab, for the treatment of advanced heavily...
Update: Sea Investigated by Indonesia Over Shopee Delivery Service; Shares Decline
Update: Sea Investigated by Indonesia Over Shopee Delivery Service; Shares Decline
May 28, 2024
11:49 AM EDT, 05/28/2024 (MT Newswires) -- (Updates with stock price movement in the headline, fourth paragraph) Sea (SE) is under investigation by Indonesia's antitrust authorities for allegedly favoring its delivery service over others on its Shopee platform, the Indonesian agency KPPU said during an initial hearing Tuesday. Shopee, Sea's e-commerce arm, uses an algorithm that prioritizes its delivery service,...
Bannix Acquisition Gets Nasdaq Non-Compliance Notice
Bannix Acquisition Gets Nasdaq Non-Compliance Notice
May 28, 2024
11:48 AM EDT, 05/28/2024 (MT Newswires) -- Bannix Acquisition ( BNIX ) said Tuesday it has been notified that it is not in compliance with the Nasdaq Stock Market's requirements for continued listing for failure to timely file its quarterly report for the period ended March 31. The company also remains delinquent in filing its Form 10-K for the fiscal...
Why Gold Royalty (GROY) Shares Are Falling
Why Gold Royalty (GROY) Shares Are Falling
May 28, 2024
Gold Royalty Corp ( GROY ) shares are trading lower by 13.8% to $1.65 during Tuesday’s session after the company announced that it entered into a binding agreement to acquire a copper stream on the Vares Silver Project. The company entered into an agreement with National Bank Financial and BMO Capital Markets for a $300 million bought deal financing. Gold...
Copyright 2023-2026 - www.financetom.com All Rights Reserved