US backs $1.25 billion loan to Jordan
By Julian Pecquet
October 31, 2013, 05:04 pm
Jordan on Thursday closed on a $1.25 billion loan guaranteed by
the U.S. government, a
crucial financial crutch for an important Middle Eastern ally buffeted by the
civil war in Syria.
The seven-year Jordanian sovereign
bond was supported by a 100 percent guarantee of the repayment of principal and
interest by the U.S.
government. Congress authorized the loan guarantee program in its 2012
appropriations bill for the State Department and foreign operations.
“This guarantee reinforces the
firm U.S. commitment to the people of Jordan by strengthening the Government of
Jordan’s ability to maintain access to international financing, while enabling
it to achieve its economic development and reform goals,” the State Department
said in a statement Thursday.
The bond guarantee fulfills a
promise made by President Obama when he visited Jordan in March.
The U.S. guarantee, Obama said at
the time, “can help deliver the results that Jordanians deserve … to see their
schools better, their roads improved, healthcare, clean water all enhanced, the
training that I know a lot of Jordanians seek, particularly young people, to
get a job or to turn entrepreneurial skills into a business that creates even
more jobs.” The loan guarantee agreement was signed in Amman in August.
Jordan
Thomas R.
Pickering was the U.S.
ambassador for Jordan, a lifetime
trustee at the Aspen Institute (think
tank), is a distinguished fellow at the Brookings Institution (think tank), a co-chair at the International Crisis Group, and a
director at the Atlantic Council of the United States
(think tank).
Note: Queen Noor is a
trustee at the Aspen Institute (think
tank), a director at Refugees
International, and the queen dowager for Jordan.
Princess Firyal
is the princess of Jordan, and an
overseer at the International Rescue
Committee.
Foundation
to Promote Open Society was a funder at the Aspen Institute (think tank), the Brookings Institution (think tank), Refugees International, and the Carnegie Endowment for International Peace (think tank).
George
Soros is the chairman for the Foundation
to Promote Open Society, a board member at the International Crisis Group, and the founder & chairman for the Open Society Foundations.
Open
Society Foundations was a funder for the Atlantic Council of the United
States (think tank), and the Carnegie Endowment for International Peace
(think tank).
Better World
Fund was a funder for the Atlantic
Council of the United States
(think tank).
Rania Al Abdullah
is a director at the Better World Fund,
and the queen of Jordan.
Ted
Turner is the founder & chairman for the Better World Fund, the founder of CNN, and a co-chairman for the Nuclear
Threat Initiative (think tank).
Walter
Isaacson was the chairman & CEO for CNN, and is the president & CEO for the Aspen Institute (think tank).
Carnegie
Endowment for International Peace was a funder for the Nuclear Threat Initiative (think tank).
El Hassan bin
Talal is a director at the Nuclear
Threat Initiative (think tank), and the crown prince of Jordan.
Jessica Tuchman Mathews is a director
at the Nuclear Threat Initiative (think
tank), the president of the Carnegie Endowment for International Peace
(think tank), a director at the American Friends of Bilderberg
(think tank), was an honorary trustee at the Brookings Institution (think
tank), and a 2008 Bilderberg conference participant (think tank).
Ed Griffin’s interview with Norman Dodd in 1982
(The investigation into the Carnegie Endowment for
International Peace uncovered the plans for population control by involving the
United States
in war)
Thomas R.
Pickering is a distinguished fellow at the Brookings Institution (think tank), a co-chair at the International Crisis Group, a director
at the Atlantic Council of the United States (think tank), was a lifetime
trustee at the Aspen Institute (think
tank), and the U.S.
ambassador for Jordan.
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