Israel Strong Letter

Shultz prescribes tighter belts

In any other circumstances, the letter might have been regarded as interference in another nation's internal affairs. The communication, which the State Department says was sent a few weeks ago by U.S. Secretary of State George Shultz to Israeli Prime Minister Shimon Peres, outlined specific steps that Washington thinks Israel should take to restructure its faltering economy. Shultz warned that unless drastic reforms are implemented, Israeli requests for U.S. aid could be in jeopardy. While the text of the document was not released, a U.S. embassy spokesman in Tel Aviv acknowledged last week that "it was a strong letter."

There was...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!