Wednesday, January 25, 2012

U.S. to extend Israel loan guarantees of 3.8 billion for 3 years

   The Obama administration has told Israel that it will recommend the U.S. Congress approve 3.8 billion in Israeli loan guarantees be extended for three more years. The Deputy U.S. Secretary of State and Deputy U.S. treasury secretary announced the U.S. decision in a meeting with the Israeli Deputy Foreign Minister.
  Some in Israel had worried the Israeli request for the extension might be denied. The U.S. usually does not turn down what Israel requests. In particular the Obama administration is not likely to alienate the Israel lobby during an election year!
     The two U.S. officials told the Israeli official that the extension of the loan guarantees until 2015 would receive wide support in both parties. The Deputy Foreign Minister said:The U.S. is a true friend and ally of Israel,". "The partnership between the two countries is a natural one. Extending the loan guarantees strengthens the international position of the Israeli economy and will allow the government to continue to raise funds at lower costs."  While this is true one would think that European countries in crisis such as Greece are much more in need of loan guarantees and lower costs for borrowing than Israel! For more see this article.


Purva Sharegistry said...

My Brothers and Sister all over the world, I am Mrs Boo Wheat from Canada ; i was in need of loan some month ago. i needed a loan to open my restaurant and bar, when one of my long time business partner introduce me to this good and trustful loan lender DR PURVA PIUS that help me out with a loan, and is interest rate is very low , thank God today. I am now a successful business Woman, and I became useful. In the life of others, I now hold a restaurant and bar. And about 30 workers, thank GOD for my life I am leaving well today a happy father with three kids, thanks to you DR PURVA PIUS Now I can take care of my lovely family, i can now pay my bill. I am now the bread winner of my family. If you are look for a trustful and reliable loan leader. You can Email him via,mail ( Please tell him Mrs Boo Wheat from Canada introduce you to him. THANKS.

Raakin said...

Are you in need of urgent financial assistance for a personal purpose or for your business needs? Here is some good news for you. We offer loans to individuals or corporate firms at the lowest annual percentage rate.
Contact us today to get:-
*Hard Money Loans
*Business Loan
*Debt Consolidation Loan
*Personal Loan
*Business Expansion Loan
*Student Loan
*Agricultural Development Loan
...And Lots more