PNN – The English section of Al Jazeera’s website reported that the unstable economic situation of the Zionist regime has caused the sale of its bonds in America to be faced with buts and ifs.
According to the report of Pakistan News Network, Al Jazeera wrote that in addition to the financial and military aid it receives directly from the US government, Israel is increasingly dependent on another financial source: Bonds purchased by states and municipalities across the United States.
According to Israel Bonds, a company based in America that works in the field of attracting foreign capital for Israel; From October 7, 2023, and the start of Hamas’ Al-Aqsa storm operation against the occupied territories, until April 18 this year, nearly 32 states and cities have purchased these bonds worth 1.7 billion dollars.
These funds are deposited directly into Israel’s general fund and may be injected into the military budget of this regime. Israel Bonds’ email to the Ohio State Treasurer indicates that the bonds were used in part to “reimburse security equipment to the US government.”
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The largest buyer of Israeli bonds in the world is the wealthy city of Palm Beach, Florida, where the president-elect’s residence (Mar-a-Lago mansion) is located. So far, this city has bought 700 million dollars of Israeli bonds, which is worth several F-15 fighters.
According to Al Jazeera, after more than a year has passed since the escalation of conflicts and global condemnation of the Gaza war, Israel’s economy is in disarray and it is predicted that tens of thousands of Israeli companies will be closed this year. The budget deficit has increased from 4% to 8% of GDP and direct investment has decreased by 30%. American rating agencies have also lowered Israel’s credit rating.
This means that local treasurers who buy Israeli bonds may be violating their fiscal policy, which requires them to invest taxpayer funds responsibly.
Al Jazeera’s investigation shows that at least two states (Florida and Nevada) have violated the state’s treasury investment policy by buying more Israeli bonds.
At the same time, if Israel’s creditworthiness falls further, at least four other states that have been buying these bonds since October 2023 may have violated investment rules.