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Israel, U.S. Sign Loan Guarantee Accord

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Herschel Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-21-03 07:57 PM
Original message
Israel, U.S. Sign Loan Guarantee Accord
http://www.kansascity.com/mld/kansascity/news/breaking_news/6584491.htm

"- Israel and the U.S. have signed a $9 billion dollar loan guarantee agreement clouded by Israeli plans for a security barrier cutting deep into the West Bank, a Finance Ministry official said Thursday.

U.S. officials said last month they were considering reducing the loan guarantees by the same amount Israel spends on any sections of the disputed, partially built barrier that extend beyond the so-called "Green Line" marking Israel's eastern border.

Israeli officials and representatives of the U.S. Agency for International Development signed the agreement Wednesday, Israel's Deputy Accountant General Eldad Fresher said.

He said the agreement "requires Israel to report to the U.S. on the expenditures it makes over the Green Line and defines how they will be dealt with." He declined to say whether that meant that every dollar spent on the security barrier beyond Israel's border would be subtracted from the value of the loan deal."

Wonderful news. Those that fantasized about the grand alliance wavering will be disappointed.

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vierundzwanzig Donating Member (320 posts) Send PM | Profile | Ignore Thu Aug-21-03 10:55 PM
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1. Nobody did
U.S.A. Incorporated still has the majority shareholder Israel. It's a bit funny to be American.
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lindashaw Donating Member (921 posts) Send PM | Profile | Ignore Mon Aug-25-03 01:56 PM
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2. We also give Israel ten million dollars a day, over 3 billion per year.
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tinnypriv Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 02:32 PM
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3. The SAME day Israel announces intentions to annex east of the Green Line
"Abu Dis: Annexed" (Ma'ariv)

Abu Dis is supposed to be the Palestinian capital. Israel says it is taking the land it is built on by routing the wall around it "in secret", all the while specifically trying to avoid an international reaction.

The GOI is brazen sometimes, but this takes the freaking cake. :crazy:
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