Saturday, March 3, 2012

U.S., 6 ALLIES OFFER RUSSIANS $24 BILLION IN AID.(Main)

Byline: Andrew Rosenthal New York Times

The leaders of seven industrial democracies announced a $24 billion, one-year program on Wednesday to help propel Russia toward democracy, including nearly $4.5 billion from the United States.

In announcements in Washington and Bonn, President Bush and Chancellor Helmut Kohl presented the program as a way for the United States and its allies to prevent economic collapse in Russia and stop a new authoritarianism from rising from the rubble of the Soviet empire.

Bush also said he was going to ask Congress to authorize him to funnel as much as $15 billion to international lending institutions for interest- bearing …

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