Thursday, October 10, 2013

US cutting hundreds of millions in aid to Egypt

CH-64 ApacheThe United States on Wednesday cut hundreds of millions of dollars in aid to its Mideast ally Egypt, responding to the military ouster last summer of the nation's first democratically elected president and the crackdown on protesters that has sunk the country into violent turmoil.

While the State Department did not provide a dollar amount of what was being withheld, most of it is linked to military aid. In all, the U.S. provides $1.5 billion in aid each year to Egypt.

Officials said the aid being withheld included 10 Apache helicopters at a cost of more than $500 million, M1A1 tank kits and Harpoon anti-ship missiles.

Read more

No comments:

Post a Comment

Note: only a member of this blog may post a comment.