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Gulf States Reduce Funds To Hamas
 The United States has determined that Gulf Arab states have reduced their funding to Palestinian insurgency groups. U.S. officials said Gulf Cooperation Council members have largely fulfilled their pledge to block funding to such Islamic insurgency groups as Hamas and Islamic Jihad. They said that in 2004 funding from the GCC to these two organizations was significantly lower than in previous years. Treasury Undersecretary Stuart Levey reported the drop in Gulf funding to Palestinian insurgency groups during a House hearing on May 4. Levey said the reduction in GCC money was reported by Israel. "In Israel, I was given an encouraging account of a substantial reduction of funds flowing to Hamas, particularly from the Gulf region," Levey told the House International Relations subcommittee. Posted by: Fred 2005-05-17 |
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