World Bank pays $22.3 million to PA budget
Ma’an – July 4, 2012
BETHLEHEM – The World Bank on Tuesday said it paid $22.3 million to the Palestinian Authority to help with a budget crisis.
The funds are from a trust paid into by the governments of Australia, France, Kuwait, Norway, and the UK, the World Bank said in a statement.
It noted that the aid was slated to support education, health care and other social services and for the economic reforms undertaken by the West Bank government.
The Palestinian Authority labor minister said Saturday that due to the government’s worsening financial crisis, public sector salaries would not be paid on time in July.
Israeli and Palestinian officials told Reuters on Monday that Israel had sought a $1 billion loan from the International Monetary Fund for the Palestinian Authority to prevent its financial collapse.
The Israeli newspaper Haaretz said the IMF turned down the request because it did not want to set a precedent of one state getting a loan on behalf of a non-state body.
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Hands off ‘our hemisphere’ or Venezuela pays the price: US Senator warns Russia
RT | February 13, 2019
The US staked a claim on half the world, as Senate Armed Services Committee chair Jim Inhofe said Washington might have to intervene in Venezuela if Russia dares set up a military base not just there, but “in our hemisphere.”
“I think that it could happen,” Inhofe (R-Oklahoma) told a group of reporters on Tuesday. “You’ve got a guy down there that is killing everybody. You could have him put together a base that Russia would have on our hemisphere. And if those things happen, it may be to the point where we’ll have to intervene with troops and respond.”
Should Russia dare encroach on the US’ neck of the woods, Inhofe said: “we have to take whatever action necessary to stop them from doing that.” … continue
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