'President George W Bush has announced that the US is to boost its aid package to Lebanon to $230m.
The money would be used to help rebuild Lebanese homes and infrastructure, he told reporters at the White House.'
'The Bush administration has agreed to an Israel demand that a loan guarantee deal be extended by an additional three years, until 2011.
The Congress needs to approve the move.
Finance Minister Abraham Hirchson said the administration's conceding to Israel's request underscores Washington's faith in Israeli economy.'
