Saturday, January 20, 2007

World War II Lend-Lease Agreement

Question: I understand that the Lend Lease loans totalling $7 billion between Britain and the U.S. were paid off in January, 2007. Can you confirm this? - Omnivorous

Yes it is true and it was made before 2007 set foot into history. A payment of $83.25 million (£42.43 million) was made on Dec. 29, finally fulfilling the financial obligations of Britain to the United States after 61 years. The funds were used by Britain to fight Germany during World War II.


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Blogger Thiru said...

This is a nice concept.. I like your page. But, do you research on each question and write up..thats a herculean task! well done!!

10:57 PM  

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