Categories
Small Business Funding

US warns Israel to boost humanitarian aid into Gaza or risk losing weapons funding [Video]

The Biden administration has warned Israel that it must increase the amount of humanitarian aid it is allowing into Gaza within the next 30 days or it could risk losing access to U.S. weapons funding.Secretary of State Antony Blinken and Defense Secretary Lloyd Austin warned their Israeli counterparts in a letter dated Sunday that the changes must occur. The letter, which restates U.S. policy toward humanitarian aid and arms transfers, was sent amid deteriorating conditions in northern Gaza and an Israeli airstrike on a hospital tent site in central Gaza that killed at least four people and burned others.A similar letter that Blinken sent to Israeli officials in April led to more humanitarian assistance getting to the Palestinian territory, State Department spokesman Matthew Miller said Tuesday. But that has not lasted.“In fact, it’s fallen by over 50% from where it was at its peak,” Miller said at a briefing. “So …

Watch/Read More
Categories
Small Business Funding

Watch CNBC's full interview with U.S. Secretary of Commerce Gina Raimondo [Video]

CNBC's Kate Rooney sits down with Commerce Secretary Gina Raimondo in her first interview since the 2024 presidential election to discuss the future of AI safety, the status of CHIPS Act funding, and her advice to the incoming administration.