USDA pays $1 billion for Russian loan defaults
The Agriculture Department will have repaid at least $1 billion to domestic and foreign banks for loans to Russia tied to a food export program. Russia began defaulting last November, curtailing grain shipments and denting U.S. exports. Details on rescheduling and potential barter options are being worked out, with talks to occur next month.
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Marcos' body to go home for burial in Philippines
A Philippines report says Ferdinand Marcos body will be buried in Ilocos Norte seven years after exile. Followers led by Teresita Magiahus and a group called Alpha Omega await September 7 arrival and a funeral in Batac. Marcos praised for development but criticized for dictatorship and corruption.
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