• HSBC

US asks Kuwait for bailout help

  • Kuwait: Monday, October 06 - 2008 at 13:52

The US government has asked Kuwait to contribute to a $700bn US government financial rescue plan in the form of purchasing U.S. Treasury bonds, reported Al-Qabas, citing unidentified bankers. The report said Kuwait is among other oil-rich Gulf countries asked to help finance the bailout plan.

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