Indonesia could unlock billions of dollars in additional U.S. financing if it joins President Donald Trump’s push for Muslim countries to establish relations with Israel, according to a U.S. official.
The U.S. International Development Finance Corporation, a government agency that invests overseas, could more than double its current $1 billion portfolio if Indonesia develops ties with Israel, DFC Chief Executive Officer Adam Boehler said in an interview Monday at the King David Hotel in Jerusalem.
“We’re talking to them about it,” Boehler said. “If they’re ready, they’re ready and if they are then we’ll be happy to even support more financially than what we do.” He said he wouldn’t be surprised if his organization’s funding to Indonesia, the world’s largest Muslim-majority nation, was boosted by “one or two more billion dollars.”
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Dec 22, 2020 3:00am
Drug manufacturers are looking for a more local future for production post-COVID-19. (Pixabay)(Monica Alleven/Fierce Wireless)
With the COVID-19 pandemic perhaps entering its final phase as the first wave of vaccines approaches the market, one question left unanswered is the future of onshoring drug manufacturing an initiative that reached fever pitch in 2019 as nationwide lockdowns and geopolitical tension cast a spotlight on the global supply chain.
In 2019, congressional leaders across the aisle picked up steam on a suite of bills aimed at incentivizing and driving manufacturing redundancy in the U.S. to combat China and India s dominance in generic medicines and active pharmaceutical ingredients (APIs).
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RABAT Israeli envoys arrived in Morocco on Tuesday to meet the king and flesh out an upgrade of relations that was forged by the White House in a parting foreign policy push by U.S. President Donald Trump.
Led by National Security Adviser Meir Ben-Shabbat, the Israeli delegation was accompanied by Jared Kushner, Trump’s son-in-law and architect of pan-Arab rapprochement with Israel.
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They took El Al Israel Airlines in the first direct flight by a commercial plane from Tel Aviv to Rabat. Both countries anticipate a surge in tourism aboard such connections, mainly among the hundreds of thousands of Israelis of Moroccan descent.
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