- After several months of exhaustive negotiations, Israel
and the United States on Wednesday signed the loan guarantee agreement,
enabling Israel to raise $9 billion in government bonds on American financial
markets over the coming three years.
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- Harry Langman, the accountant general's representative
in New York, and his deputy Yaron Neuderfer signed the accord for Israel,
and Gordon West, deputy assistant administrator for American aid programs
(USAID), for the U.S.
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- Israel plans to raise the first $3 billion - which will
be backed by the U.S. government - in late 2003. Under the agreement, every
dollar Israel spends in the occupied territories will be deducted from
the guarantees.
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- As part of the deal, Israel undertook to carry out a
series of reforms and structural changes in its economy and to reduce the
2004 budget deficit to 3.0 percent of GDP.
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- http://www.haaretzdaily.com/hasen/spages/331658.html
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- Comment
- From Robert Schaefer
8-21-3
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- Ha! Another 'loan guarantee'. Guess how many US 'loans'
to the Jewish state have EVER been repaid? Answer: ZERO.
Comment
Alton Raines
8-21-03
Israel, that great Harlot... she who makes fornication with the kings of
the earth, whose cup is filled with abominations. Just like a salty old
whore, she's always got her hand in the pockets of her paramour. She is
truly a grotesque offense to the face of Almighty God.
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