Word: guaranteee
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$132 billion credit guarantee for struggling businesses
China is facing the most threatening economic crisis in decades, and its leaders have every reason to be afraid. As factories close, profits plunge and worker protests become more frequent, the country's huge foreign-exchange reserves and three-decade-long record of growth suddenly seem less like a guarantee...
Hamas sources say that the impasse between the Egyptians and Hamas was broken by Turkish envoy Ahmad Oglu who volunteered Turkish forces to be placed along the Egyptian-Gaza border to stop arms trafficking. Hamas has agreed to the Turkish offer, this source says. Before withdrawing troops and tanks, Israel...
Israel is holding back on its assault into Gaza City while diplomats in Cairo try to work out a proposal to close off the Egypt-Gaza border so that Hamas can no longer smuggle weapons in through tunnels. If Egypt agrees, Israel may not need to mesh its cease-fire...
The two sides are still unhappy. Putin has portrayed Ukraine as a flaky transit country, while Ukrainians say Russia is simply a bully. Over the next few weeks, Moscow and Kiev still have to agree on a price for Russian gas deliveries, subsidized since Soviet times. And even if that...