Word: aid
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Dates: during 2000-2000
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This bill, the African Growth and Opportunity Act, would give sub-Saharan African countries duty-free access to the U.S. textile market, a self-help strategy that should prove much more successful than the current foreign aid policy of loaning money or forgiving debts. Although the bill should be welcomed with some reservations, the Clinton administration was still correct in its decision to sacrifice the World Bank proposal in order to ensure the bill's passage. While the more modest African Growth and Opportunity Act actually has a good chance of being enacted, the World Bank proposal is not only...
Just because it's the largest recipient of U.S. aid - and wants Washington to bankroll its peace agreements and cover its back when it withdraws from Lebanon - doesn't mean Israel is about to buckle under U.S. pressure to back out of an arms deal with China. Israel's Deputy Defense Minister Ephraim Sneh said Wednesday that his government would go ahead with a deal to supply an advanced airborne surveillance system to Beijing, despite pressure from President Clinton during his Tuesday meeting with Prime Minister Ehud Barak to stop the sale. The Israeli hard line coincides with an historic...
...More immediately, however, the arms sale also reflects the fact that Israel's burgeoning high-tech economy and substantial defense industry - capitalized in part by U.S. aid - position it to take an increasingly aggressive role in a global arms market increasingly hungry for the weapons of advanced, electronic-age warfare. "In this market of the defense industries of the world, in this competition, there are no friends," said Sneh. "Everyone is competing without mercy against everyone." That, of course, is not the way U.S. legislators see it, and a threat last week from the House Foreign Aid Committee to deduct...
...attempt on the part of these groups to create an aristocracy based on gender, race, old money and blue-blooded lineage is increasingly difficult now that the Ivy League has made a concerted effort to foster equality and diversity and to increase the availability of financial aid...
...interspersed with episodes of missile launching, gesturing at nuclear weapons proliferation and testing the South's defenses, it's one of extortion. Since 1994, Washington, Tokyo and Seoul have pursued a policy of coaxing Pyongyang away from belligerence by offering economic incentives, such as energy and food aid in exchange for nuclear nonproliferation. But that has also created a bargaining framework for North Korea, which has periodically raised the temperature through bouts of military brinkmanship when it feels it's being short-changed. The historic summit in June, if it takes place, will certainly shift the North-South relationship onto...