Dubai, United Arab Emirates
At a meeting in Dubai this week, the U.S. agreed to lend Turkey $8.5 billion in exchange for its cooperation in Iraq. The loan, to be dispersed over a decade, would serve as compensation for the disruption caused by the war in neighboring Iraq. The money would also hinge on economic reforms. The agreement replaced a $15 billion aid package shelved when Turkey refused to let the U.S. use its territory to stage an invasion into northern Iraq. But officials stressed that the loan was not contingent on a U.S. request for 10,000 Turkish troops to help with the occupation. “That’s a totally different subject,” said Turkish Prime Minister Recep Tayyip
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Trump seeks to cut drug prices via executive orderspeed read The president's order tells pharmaceutical companies to lower prescription drug prices, but it will likely be thrown out by the courts
-
'Haiti's crisis is a complex problem that defies solution'Instant Opinion Opinion, comment and editorials of the day
-
Hamas frees US hostage in deal sidelining Israelspeed read Edan Alexander, a 21-year-old soldier, was the final living US citizen held by the militant group
