Obama pledges $400 million for Palestinians - latimes.com
President Obama pledged an infusion of $400 million in aid for housing, school construction and business development in the Palestinian territories Wednesday, saying after a one-on-one meeting with Palestinian leader Mahmoud Abbas that the situation in Gaza is "inherently unstable."
Obama had planned the White House meeting to talk mainly about the Middle East peace process. But in the aftermath of a deadly May 31 Israeli assault on an aid flotilla bound for the Gaza Strip, the two leaders ended up focusing instead on the blockade of Gaza and its effects on the people who live there.
By Christi Parsons, Los Angeles Times
June 10, 2010
What, we have money !