By Adam Entous

July 02, 2006

Jerusalem (Daily Telegraph) - ISRAEL'S bombing of Gaza's main power plant could end up costing its closest ally, the US government, because it partially insured the project for up to $48 million, officials involved in the project said overnight.

US officials would not say whether Washington would ask Israel for reimbursement.

Israel bombed the power plant on Wednesday at the start of an offensive to try to get Palestinian militants to free a captured soldier, Corporal Gilad Shalit.

A Western aid official involved in the matter said Israel's decision to hit the power plant was a surprise in large part "because it was American-owned".

Full Story...

Posted by rjorr at July 2, 2006 10:07 PM