EBRD Announces First Investment in "Emerging Arab Democracies," America's Regional Aid Under Pressure

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LONDON, United Kingdom

The European Bank for Reconstruction and Development (EBRD) on September 18 announced approval for its first investments in “emerging Arab democracies” as a “response” to the “political and economic change” taking place in North Africa and the Middle East.

Meantime, some members of the US Republican party have challenged regional aid programs because of violent anti-American protests in parts of the region.