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Israel-Palestine-Jordan
Arab League transfers $50 million to Paleos
2006-07-05
CAIRO - The Arab League has transfered 50 million dollars to the cash-strapped Palestinian territories, League Secretary General Amr Mussa said on Tuesday. “Fifty million dollars have been transfered to the Palestinian Authority in full coordination with the Palestinian government,” said Mussa.
Which means at least one Paleo bank will make the US Treasury's poop-list real soon.
He was speaking at a joint press conference with Nabil Shaath, an envoy representing Palestinian President Mahmud Abbas. Saudi Arabia for its part also provided 50 million dollars to the Palestinians on the West Bank and Gaza Strip, Shaath said at the leagueÂ’s headquarters in Cairo.

The funds, which were transfered to the account of the Palestinian presidency, are “the first Arab payments to reach the territories since the Israeli siege,” said Shaath adding that the Arab League had already sent 15 million dollars to Palestinian refugees in Lebanon and to employees and diplomats in Palestinian embassies.
Posted by:Steve White

#8  Wha, JQC? You mean, we actually have a definition of terrorism? Get that dastardly John Bolton on the phone, pronto!
Posted by: Koffee Annon   2006-07-05 13:44  

#7  From what I've read, the Paleo government (I use the term loosely) has a payroll of $100 - $130 million a month. How much of that goes for graft and contributions to the Widows Ammunition Fund isn't clear to me. So $50 million gets them a week or two.
Posted by: Steve White   2006-07-05 13:15  

#6  Hamas is the government of the day. The last I knew they were terrorists by any definition. If given the choice of guns or butter on which to spend the $50 million, I'd bet they will spend it on guns.
Posted by: JohnQC   2006-07-05 11:58  

#5  $50 million will buy a lot of rubber rafts. The Paleos will need them if they keep it up.
Posted by: Darrell   2006-07-05 09:06  

#4  not to be snarky - but how far can $50 million go in terms of keeping a government afloat? Especially after bribes, skimming off the top, commissions and outright theft are accounted for.
Posted by: 2b   2006-07-05 07:43  

#3  I am sure they will use it to end the humanitarian crisis, in Zurich.
Posted by: Anginens Threreng8133   2006-07-05 05:01  

#2  Don't forget to flush
Posted by: Captain America   2006-07-05 00:48  

#1  the question is whether the military or political wing of the bank facilitated the transfer. You can't punish both - that'd be collective punishment....
Posted by: Frank G   2006-07-05 00:35  

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