Snip: Russia has offered to bail out Palestine's financially troubled Hamas government, raising the spectre of a confrontation with the United States and the European Union.
TEHRAN, Iran (AP) Iranian state television has reported that Tehran will give $50 million to the struggling Palestinian Authority.
Forgive me if this has already been posted.
On another note: Happy Resurrection Sunday! He is Risen!
Blessings to you all!
http://www.freerepublic.com/focus/f-news/1616130/posts
Saudi, Kuwait, UAE pledge $80m to PA
Peninsula On-line ^ | 4-16-06
Posted on 04/16/2006 6:06:25 PM EDT by SJackson
GAZA CITY: Kuwait, Saudi Arabia and the United Arab Emirates have pledged $80m in aid to the Hamas-led Palestinian government, finance minister Omar Abdelrazek said yesterday.
“We have received pledges from the Arab world that will help us operate for several months,” the minister said on the website of Hamas. “In all, $20m from Saudi Arabia, $40m from Kuwait and $20m from the UAE are to be transferred,” he said. “We will not collapse despite the war being waged against us by the racist Zionists, by the United States and the European Union,” he said.
Abdelrazek said earlier that the government still faced a $120m monthly budget shortfall, despite having received $35m from Algeria. European Union governments yesterday endorsed the suspension of direct aid to the Palestinian Authority, the bloc’s Austrian presidency said.