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Politics : WAR on Terror. Will it engulf the Entire Middle East?
SPY 683.63-0.3%Dec 8 4:00 PM EST

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To: Scoobah who started this subject8/11/2003 8:30:01 PM
From: Scoobah  Read Replies (1) of 32591
 
PA WANTS SAUDIS TO CONTINUE FUNDING HAMAS


RAMALLAH [MENL] -- The Palestinian Authority has relayed its approval of continued Saudi funding to Hamas.

PA officials said Prime Minister Mahmoud Abbas has expressed no objection to Saudi financial support of Hamas. The officials said Abbas regards Saudi support of Hamas as part of the kingdom's commitment to the Palestinians and the insurgency group's pledge to maintain a truce with Israel.

Saudi Arabia is said to provide more than $50 million a year to Hamas. Officials said this comprises more than half of the revenues acquired by Hamas.

Officials said Abbas was under pressure from Israel and pro-Israeli supporters in the U.S. Congress to halt Saudi funding to Hamas. On Thursday, U.S. Secretary of State Colin Powell said Washington has encouraged Arab allies in the Middle East to stop funding organizations that contribute to groups deemed as terrorists.

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