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Barack Obama Hails $38B Israel Aid Package

President Barack Obama said on Wednesday that a new $38 billion aid package will help ensure Israel can defend itself from threats, commenting in a statement on the 10-year memorandum of understanding (MOU) between the two nations.

“Both Prime Minister (Benjamin) Netanyahu and I are confident that the new MOU will make a significant contribution to Israel’s security in what remains a dangerous neighborhood,” Obama said.

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