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Loan Guarantees

NEWS
August 23, 1998 | Reuters
The Agriculture Department has for the first time extended loan guarantees to Vietnam to help it finance purchases of U.S. farm goods. The action adds Vietnam to a $90-million export credit guarantee program already in place for five other Southeast Asian markets. Last year the department opened an agricultural affairs office at the U.S. Embassy in Hanoi.
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WORLD
November 26, 2003 | From Times Wire Reports
The Bush administration decided to reduce U.S. loan guarantees to Israel by $289.5 million to signal disapproval of Israeli actions in the West Bank. The cut will be made from $1.4 billion in U.S. guarantees due this year, the Israeli Embassy said in Washington. The guarantees are designed to help the battered Israeli economy by making it easier for the nation to borrow money at favorable rates. No reason was given, but the cut was believed to reflect U.S.
BUSINESS
September 29, 2001 | JAMES F. PELTZ, TIMES STAFF WRITER
The nation's airlines this week began receiving desperately needed cash from the U.S. bailout. Now, they're ready to tap the other part of the aid: federal loan guarantees. But there are no guarantees that will be enough to keep all the airlines flying. In effect, Uncle Sam could well determine which U.S. carriers survive over the long term and which don't, according to investment bankers, lawmakers and industry analysts.
WORLD
October 1, 2003 | From Times Wire Reports
The State Department is notifying Congress that it plans no immediate reductions in loan guarantees for Israel, despite settlement construction on the West Bank, spokesman Richard Boucher said. Boucher said reductions were likely at some point. He also did not rule out reductions because of Israel's construction of a security fence. The administration is opposed to the ongoing construction, at least where it interferes with Palestinians' lives.
BUSINESS
February 11, 1998 | LEE ROMNEY
Vice President Al Gore and Small Business Administration Administrator Aida Alvarez on Tuesday announced a goal to double yearly loan guarantees to African American businesses by 2000. The pledge was the second in a series of commitments to underserved communities. In October, Alvarez vowed to triple annual loan guarantees to Latino-owned businesses by 2000. "African Americans comprise only 3.6% of the total number of small businesses in this country, and the population is 12.
CALIFORNIA | LOCAL
January 14, 1995
The proposed U.S. loan guarantees to Mexico appear to have calmed financial markets for now. The vow from President Clinton and congressional leaders of both parties on Thursday "to do what is necessary to restore financial confidence in Mexico" was a wise and needed boost, in the interest of both Mexico and the United States. The action helped shore up the battered Mexican peso.
BUSINESS
January 13, 1995 | DOYLE McMANUS and JOHN M. BRODER, TIMES STAFF WRITERS
President Clinton and congressional leaders from both parties promised Thursday "to do what is necessary to restore financial confidence in Mexico" as Clinton proposed at least $25 billion in loan guarantees to prop up the peso and head off a deeper economic crisis. Clinton and other U.S.
CALIFORNIA | LOCAL
May 22, 2009 | Eric Bailey and Patrick McGreevy
As Gov. Arnold Schwarzenegger's mammoth budget-cut proposal hardened partisan battle lines and stirred revolt, California officials scrambled Friday to scrape together a plan to keep the state solvent after the White House informed them that federal backing for emergency short-term loans is unlikely. State Treasurer Bill Lockyer testified before the Legislature that he had been told by Washington not to expect the loan guarantees. The state's senior U.S. senator, Dianne Feinstein, later said there was little chance of help.
NEWS
November 6, 1991 | DOYLE McMANUS, TIMES STAFF WRITER
Secretary of State James A. Baker III scolded Israel on Tuesday for opening a new Jewish settlement on occupied Arab territory in the midst of peace negotiations, saying that the action seemed "provocative" and did not help "create a positive environment" for the talks.
NEWS
January 22, 1992 | NORMAN KEMPSTER, TIMES STAFF WRITER
Secretary of State James A. Baker III will meet Israeli Ambassador Zalman Shoval on Thursday to try to settle an emotional dispute over Israel's request for $10 billion in loan guarantees to house and resettle Jews from the former Soviet Union. Although the battle over U.S.
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