Obama to seek additional financial aid for Jordan
President Barack Obama says he'll ask Congress to approve new financial aid for Jordan. Jordan is a key Arab ally in the Middle East whose fragile economy is being stretched by the influx of refugees fleeing the civil war in next-door Syria.


Obama announced late Friday that he will seek $1 billion in loan guarantees. That would be on top of a $1.25 billion loan guarantee Congress approved last year. He'll also ask for a new, five-year funding agreement for Jordan. Officials did not immediately say what that would be worth. An existing agreement expires in September. (AP)