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Politics : Bush-The Mastermind behind 9/11?

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To: broadstbull who wrote (2890)9/22/2003 11:18:03 AM
From: Skywatcher  Read Replies (1) of 20039
 
Bushkee buying his friends again....story of his entire life!
U.S. agrees to $8.5 billion loan for Turkey By Corbett B. Daly
WASHINGTON (CBS.MW) -- The Bush administration has agreed to extend up to $8.5
billion in loans to Turkey and to bolster its economy and offset the nation's economic
loss stemming from the war against Iraq, Treasury Secretary John Snow said. "The
purpose of the assistance is to support Turkey's ongoing economic reform process,
and to mitigate the economic impact on Turkey related to Operation Iraqi Freedom,"
Snow said in a written statement from Dubai, United Arab Emirates, where he is
attending the annual meetings of the International Monetary Fund and the World Bank.
Snow said the funds are not dependent on Turkey committing to send troops to aid in
the reconstruction of Iraq. "This assistance package offered by the US to Turkey and
the deployment of Turkish troops in Iraq are two separate issues," Snow said. The
10-year loan, to be disbursed in four equal payments over a period of a year and half,
has a 4-year grace period for principal repayment and $4.25 billion of the loan can be
converted into a grant, Treasury said.

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