Obama pledges $1 billion in loan guarantees for Jordan
RANCHO MIRAGE, Calif.
RANCHO MIRAGE, Calif. Feb 14 (Reuters) - U.S. President Barack Obama on Friday pledged $1 billion in loan guarantees for Middle East ally Jordan and the renewal of a five-year aid package.
Obama made the announcement while meeting with Jordan's King Abdullah at a summit at a California retreat. Jordan, one of the United States' closest allies in the Middle East, is a regional player in diplomatic efforts seeking peace in the turbulent region and is one of two Arab countries, the other being Egypt, that has signed a peace treaty with Israel.
- Children's corpses in Korean ferry reveal desperate attempts to escape |
- Obama reassures Japan, other allies on China ahead of visit |
- Ukraine government resumes offensive, hopes for more U.S. help |
- Ukraine president calls for new anti-rebel offensive as crisis deal falters |
- Search for MH370 reveals a military vulnerability for China