Article Image
News Link • Activism

G-8: Nations, banks to give $40B for Arab Spring

• AP
Rich countries and international lenders are aiming to provide $40 billion in funding for Arab nations trying to establish true democracies, officials said at a Group of Eight summit Friday.

Officials didn't fully detail the sources of the money, or how it would be used, but the thrust was clearly to underpin democracy in Egypt and Tunisia — where huge public uprisings ousted autocratic regimes this year — and put pressure on repressive rulers in Syria and Libya.

Join us on our Social Networks:


Share this page with your friends on your favorite social network: