Saturday, November 22, 2008

US seeks $300bn in Gulf

A report from Kuwait's daily Al-Seyassah has mentioned that the United States has asked four Gulf states for about $300bn to help it curb the global financial meltdown, AFP has cited. The daily has quoted 'highly informed' sources that Washington has asked Saudi Arabia for $120bn, United Arab Emirates for $70bn, Qatar for $60bn and $40bn from Kuwait.

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