(March 1, 2004) There seems hardly a better way to illustrate the validity of the odious debt doctrine than the case of Iraq ‚ where most outstanding loans were underwritten by the dictatorial regime of Saddam Hussein.

(February 25, 2004) For Iraq’s ratio of external interest payments/foreign exchange earnings to be comparable to the median of sovereigns rated ‘B+’and lower, we estimate gross external debt would need to fall by about 90% to USD14bn.

(November 14, 2003) The White House and Downing Street should formulate a joint position on the Iraqi debt question, calling for the forgiveness, not restructuring, of Iraq’s international debt.

(October 17, 2003) "Iraq with a total debt of approximately 380 bn US/Dollars and a GNP of 25 bn is a star case of not just an unsustainable burden, but also of highly questionable claims by reditors."

(August 21, 2003) This paper, by investment analyst Justin Alexander and economic lecturer Colin Rowat, calls for the establishment of an international arbitration tribunal to assess Iraqi debt in the light of the doctrine of odious debt.

(June 2, 2003) Robert Looney, professor of National Security Affairs, and Associate Chairman of Instruction, Department of National Security Affairs at the Naval Postgraduate School in Monterey, California, examines Iraq’s fiscal challenges and possible financial strategies. "Establishing the right of a country such as Iraq to write off odious debt would have potentially huge benefits, not the least by discouraging banks from lending to similar tyrants that might one day be overthrown," argues Mr. Looney. He says, "using the odious debt doctrine.

(May 27, 2003) Odious Debts Online has compiled the best estimates to date but, be warned. Experts agree that there is likely a wide range of error in these estimates because of the absence of reliable records.