But what will they want in return? Or will they help out from the kindness of their hearts? This request could end up being a pivotal element in the effort to make Western finance fully Sharia-compliant.
“US seeks 300 billion dlrs from Gulf states: report,” from AFP, November 20 (thanks to all who sent this in):
KUWAIT CITY (AFP) — The United States has asked four oil-rich Gulf states for close to 300 billion dollars to help it curb the global financial meltdown, Kuwait’s daily Al-Seyassah reported Thursday.
Quoting “highly informed” sources, the daily said Washington has asked Saudi Arabia for 120 billion dollars, the United Arab Emirates for 70 billion dollars, Qatar for 60 billion dollars and was seeking 40 billion dollars from Kuwait.
Al-Seyassah said Washington sought the amount as “financial aid” to face the fallout of the financial crisis and help prevent its economy from sliding into a painful recession.
The daily said the United States plans to use the funds to help the ailing automobile industry , banks and other companies suffering from the global financial turmoil….
The daily also said that the United States has asked Kuwait to forgive its Iraqi debt estimated at around 16 billion dollars.