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Citi has received $45 billion in taxpayer assistance to avert a collapse, and in exchange, the government now holds a 34percentt ownership interest in the bank.
The "peripheral" countries suffered dramatic economic contractions, compounded by bank implosions, and had to appeal for financial assistance to avert complete collapse.
PAGE E4 Yoga Fans Hear the Chant of Kirtan E6 Editorial THE CRISIS AT HOME AND ABROAD As they prepare for the summit of the group of the world's 20 biggest economies in London on April 2, leaders of industrial nations must quickly work on a plan to provide large scale financial assistance to avert an economic catastrophe in the developing world.
As they prepare for the summit of the group of the world's 20 biggest economies in London on April 2, leaders of industrial nations must quickly work on a plan to provide large-scale financial assistance to avert an economic catastrophe in the developing world.
In response, the UN put out a request for $4.4 billion in emergency assistance to avert catastrophe.
Yazidi fighters on the mountain pleaded for assistance to avert more bloodshed and said their weapons were ineffective against armored Humvee vehicles used by Islamic State.
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But rebels said more assistance was needed to avert the massacre that would inevitably come if Gaddafi was allowed to remain in power.
In some of the more accessible areas of South Sudan, such as Bahr el Ghazal, international humanitarian assistance has helped to avert famine.
"It is increasingly likely that external assistance will be required to avert a tragedy". Jean-Pierre de Margerie, WFP's country director in North Korea, told the Associated Press that officials had admitted for the first time that they were having to reduce or suspend state rations.
The specific objective of this analysis was to assess the cost-effectiveness of adding RUSF with its related management and logistics to food assistance (FA + RUSF), to avert cases of anemia and episodes of diarrhea during the seasonal hunger gap, compared to FA alone.
With the drought and the forthcoming El Niño affecting both the livestock and fishing industries – and coffee rust disease ravaging the crop on which the region is heavily dependent – Fewsnet warned that "atypically high" levels of human assistance would probably be needed to avert a food crisis.
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