Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media platform: The Degel HaTorah party, which has four members in the Knesset, announces its withdrawal from Netanyahu's cabinet.
Local Syrian sources: The raids targeted the road between the village of Al-Mazra'a and the city of Sweida, where forces and factions affiliated with the Syrian Ministry of Defense are advancing.
Local Syrian sources: New raids carried out by Israeli warplanes targeted vehicles and gatherings of military factions affiliated with the new Syrian Ministry of Defense.
Local Syrian sources: Israeli raids target, for the third time, gatherings of Syrian Defense Forces military factions in the southern countryside of Sweida.
The Ministry of Health in Gaza: Gaza Strip hospitals received 120 martyrs and 557 wounded in the past 24 hours.
The Israeli Walla! website: We are running out of stockpiles, our forces are exhausted, and the lives of the captives are in danger. It is time for a ceasefire deal in Gaza.
Several wounded in an Israeli bombardment of a tent in al-Mawasi, south of Khan Younis in the Gaza Strip.
Israeli media: Three wounded, three killed in an ongoing operation in the Gaza Strip.
Al Mayadeen's correspondent in southern Lebanon: Israeli artillery shelling targets the outskirts of the town of Shebaa
Al-Qassam Brigades: The targeting took place at the intersection of 'Street 5' with the western line north of Khan Younis

New point of contention: US probes Israeli firms with dubious finances

  • By Al Mayadeen English
  • Source: Israeli media
  • 28 Feb 2024 13:53
  • 2 Shares
3 Min Read

Despite sending large arms to the Israeli military, the US is investigating Israeli metals manufacturers for dubious financial activities.

  • x
  • Israeli arms companies under investigation by Washington: Maariv
    A missile is launched from the Israeli anti-air system in order to intercept a rocket fired from the Gaza Strip, in occupied Asdod, occupied Palestine, on March 11, 2012. (AP)

A "fresh confrontation" has ignited between Washington and the Israeli occupation, this time manifesting in the realm of economics and finance, as highlighted in Wednesday morning's headline of the Israeli newspaper Maariv.

Israeli factories have entered into illegal competition with American factories, contrary to prior agreements between the two that govern the production of Israeli weapons.

In particular, the affairs of Finkelstein Metals have come under scrutiny, as US authorities investigate the company, which exclusively produces a component for the Israeli Iron Dome anti-air-system, according to Maariv.

Finkelstein Metals has established plants in both the United States and occupied Palestine — near the Lake of Tabarayya.

The newspaper also says that activities that breach agreements have prompted Washington to investigate other companies and impose sanctions on some of them. Maariv says it learned from US officials that Washington is currently investigating Finkelstein Metals and "examining the behavior of the Israeli government."

Moreover, the US officials told Maariv that grants that the company had received for development projects have enabled the company to sell its products in the United States at artificially low prices.

It is worth noting that the company in question produces alloys and metals that could be used for both civilian and military purposes. The company is also the sole metals supplier for the Israeli arms company, "Rafael Advanced Defense Systems," which uses these supplies to produce anti-air missiles.

Related News

Bolton dismisses Trump’s Nobel hopes over Ukraine policy shift

US pressure on Lebanon grows over Resistance disarmament plan

The issue might spur legal challenges and lawsuits if exacerbated and would extend to other Israeli exporters to the United States, according to Maariv.

Read more: From Rachel Corrie to Aaron Bushnell: sacrificing for Palestine

US-Israeli relations: Absurd

Just earlier, US President Joe Biden had stated that the United States must replenish "Israel's" anti-air systems and ensure that the occupation does not suffer from "regional threats", especially those from Iran. The President's statements and the recent coverage from Maariv highlight the absurdity of current US-Israeli relations, as the former claims to restrict the latter's military arsenal while offering it unwavering support.

The US constitutes a hub of production for Israeli weapons, filling gaps in air-defense equipment, cartridges, bombs, and missiles which have promoted "Israel's" genocide on Gaza. 

To acquit his administration from responsibility, Biden issued the NSM-20 document on February 8, which represents a new global policy allegedly aimed at strengthening safeguards and accountability for arms transfers, the spokesperson for the US Department of State told Al Mayadeen earlier.

The new policy mandates that all partners receiving US-funded arms, under security assistance and cooperation authorities, must provide written assurances. These assurances include a commitment to using the weapons and equipment in compliance with the law of war, as well as facilitating the delivery of US and US-supported humanitarian aid in war zones.

Earlier, Axios reported that the Biden administration has set a mid-March deadline for "Israel" to sign the commitment letter agreeing to abide by international law when employing US-supplied weapons and munitions in the Gaza Strip.

Read more: Day 144: 29,878 martyred, 70,215 injured in Gaza

  • United States
  • Gaza Strip
  • Finkelstein Metals
  • Palestine
  • Israel
  • Gaza genocide
  • Rafael Advanced Defense Systems
  • Gaza
  • Iron Dome
War on Gaza

War on Gaza

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemen Navy sinks ETERNITY C ship, shares footage of operation

Yemen Navy sinks ETERNITY C ship, shares footage of operation

  • Politics
  • 9 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Al Mayadeen: UN Palestine Inquiry members reportedly resigned
Politics

Al Mayadeen: UN Palestine Inquiry members reportedly resigned

Rutte, Trump
US & Canada

Trump threatens 100% secondary tariffs on Russia, sets deadline

Syrian government soldiers on a motorcycle pass by a burning tank on the outskirts of Sweida city, where clashes erupted between the Druze community and Bedouine clans, in southern Syria, Monday, July 14, 2025 (AP)
Politics

Israeli airstrikes target Syrian military factions near Sweida

Lebanon, US, disarmament
MENA

US pressure on Lebanon grows over Resistance disarmament plan

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS