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Obama releases $70m in military funding for Israel

WASHINGTON (AP) — President Barack Obama said Friday he is releasing an additional $70 million in military aid for Israel, a previously announced move that appeared timed to upstage Republican rival Mitt Romney’s trip to Israel this weekend.

The stepped-up US aid, first announced in May, will go to help Israel expand production of a short-range rocket defense system. The system, known as Iron Dome, has proved successful at stopping rocket attacks fired at Israeli civilians from close range, including from Gaza.

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