You're reading: Foreign Policy: The autocrats’ bailout fund

 A new trend is afoot in the world of foreign aid: The Autocrat's Emergency Bailout Fund. This past summer, Saudi Arabia, Kuwait, and the United Arab Emirates agreed to give $12 billion to Egypt after a military coup unseated a Muslim Brotherhood-led elected government which the Gulf states feared and despised. And now Russia's president, Vladimir Putin, has topped that reward all by himself with his $15 billion gift to Ukrainian President Viktor Yanukovych, who has been reeling from mass protests after he spurned a proffered partnership with the European Union. In both cases, the autocrats effortlessly outbid Western institution - 

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