Financial and Banking News
US Senate Approves $14.3bn Aid Bill
The US Senate, by a vote of 75-15, approved a $14.3bn foreign aid bill onJuly 7 providing economic and military assistance to countries around theworld and $1.5bn to international development banks. The bill includes $6.3bnin bilateral economic aid and $5.8bn in military assistance. As in previousyears, Israel will receive $1.8bn in military aid and $1.2bn in economicassistance, while Egypt will...