In a rare political setback for Israel, top congressional leaders announced last week that they would delay action on an "urgent" request that Washington guarantee $10 billion in loans from Western banks to provide housing and services for the 1 million Soviet emigres who are expected to resettle in the Jewish state. This would be in addition to the $3 billion in U.S. economic and military aid already extended this year.
The Bush Administration earlier provided $400 million in housing guarantees on the strict condition that the funds not be used to build new settlements in the occupied territories. Israel continued...
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