Tuesday, March 8, 2011

Ehud Barak: Israel may ask US for additional $20 billion in military aid in response to Arab pro-democracy upheavals

"Israel will need to boost military spending and may seek an additional $20 billion in U.S. security assistance to help it manage potential threats stemming from popular upheavals in the Arab world, Defense Minister Ehud Barak said Monday.

Still, he said Israel shouldn't fear changes in the region or the risk of offering bold concessions in a renewed bid to achieve peace with the Palestinians.

"It's a historic earthquake...a movement in the right direction, quite inspired," Mr. Barak said in an interview with The Wall Street Journal, surveying the youthful revolts in Egypt, Tunisia, Libya and the Gulf. "It's a movement of the Arab societies toward modernity."

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