Home-buying plan to bolster the president
The American government has initiated a project to establish a $500 million mortgage company to build new neighbourhoods over the next five years in the West Bank.
In the words of Robert Mosbacher Jr., the president of the Overseas Private Investment Corporation, private capital is here deployed «as a soft power tool». The initiative may provide Palestinian President Mahmoud Abbas with political capital.
Read article: International Herald Tribune, “New home-buying plan may bolster Abbas, 15 April 2008, “http://www.iht.com/articles/2008/04/14/africa/15mideast.php
No Comments, Comment or Ping
Reply to “Home-buying plan to bolster the president”