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Kind words, closed wallet: foreign aid

Article Abstract:

The US cannot afford to offer more aid to Russia because of budget cuts, yet it offers over $29.9 billion in aid to Israel and over $23.2 billion to Egypt. Critics feel that aid to these two countries should be cut to allow increases in aid to other countries.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Finance, International aspects, Budget deficits

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Joshua at the Wall

Article Abstract:

The US promised $2 billion in aid to Israel, and the first billion will be in bonds underwritten by investment firms in New York, NY. Israel will be able to borrow inexpensively, since the bonds will be guaranteed 100%.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

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Subjects list: United States, Israel, Israeli foreign relations, Economic assistance, Foreign economic assistance, United States foreign relations

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