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Obama to offer financial aid to Arab states

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US President Barack Obama is scheduled to give a speech on his vision for the Middle East and the Arab world on Thursday and will address Israeli-Palestinian peace talks. Obama is slated to unveil the US's plan to provide financial support to Arab states seeking democracy.

 

The president is also likely to offer Egypt $1 billion in aid. (Yitzhak Benhorin, Washington)

 

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