(Ha'aretz) On Monday Israel requested $10 billion in loans and $4 billion in special military aid from the U.S. to defray the costs of fighting terrorism and preparing for a U.S. war in Iraq. Israeli sources said President George Bush is expected to quickly approve the request with minor changes, and that the Republican congressional majority would approve the aid within 3-6 months. Sources at the prime minister's office say news of the aid will improve the country's international financial standing and substantially influence the strategic situation in the Middle East. Last week, Turkey and Jordan received generous American military aid of $2 billion to prepare for the possible war with Iraq.
2002-11-26 00:00:00Full ArticleBACK Visit the Daily Alert Archive