(July 8, 2004) The Federal Minister for Trade Mark Vaile has told farmers there is no other option but to forgive Iraq’s wheat debt to Australia.
Iraq debt write-off bitter pill for developing nations
(July 2, 2004) It is hard to argue against debt relief for struggling economies but experts say US efforts to forgive most of Iraq’s $120 billion would be a slap in the face for nations still paying old dictators’ bills.
UN’s oil-for-food program in Iraq to be probed
(July 7, 2004) Independent US Committee promises careful investigation of alleged corruption in UN oil-for-food program in Iraq.
Official discusses Iraq’s external debt
(July 7, 2004) Iraq’s massive debt could badly hinder efforts to rebuild the nation’s economy, its finance minister warned Wednesday.
Australia to forgive Iraq debt as eyes wheat market
(June 3, 2004) Australia will forgive the majority of a $500 million debt owed by Iraq for wheat purchases as it looks to rebuild one of its most important markets for grain, Trade Minister Mark Vaile said yesterday.
“G8 to welcome OPEC move, focus on Iraq debt,”source
(June 3, 2004) The leaders of the Group of Eight industrial nations next week are expected to welcome OPEC’s decision to raise oil output and will discuss reducing Iraq’s debt burden, a European diplomatic source told Reuters. The diplomatic source, who asked not to be identified, said: "On the economic front, the heads of state and government will concentrate overall on Iraq’s debt. The percentage to cancel and restructure will be in a range of 60 to 90 percent."
Following Saddam Hussein’s secret money-laundering trail
(June 3, 2004) A detailed analysis of Saddam Hussein’s secret money-laundering techniques shows here for the first time how he used the same offshore money launderers as Osama bin Laden.
Iraqis: US officials stalling oil-for-food probe
(June 3, 2004) New York: U.S. officials charged with managing Iraq until June 30 are facing accusations that they are trying to hinder the investigation into what happened to millions of dollars from the United Nations oil-for-food program.
The daze after tomorrow
(June 2, 2004) A new Hollywood disaster film fantasises the convulsive effects of global climate change. But it’s the real world of Haiti and the Dominican Republic that blows Caspar Henderson away.
U.S. lesson: follow the oil-for-food money
(July 1, 2004) This is the tale of a bribe linked to the U.N. oil-for-food program in Iraq.
U.S. call to cancel Iraqi debts flouts precedents
(July 1, 2004) Experts say U.S. efforts to forgive most of Iraq’s $120 billion would be a slap in the face for nations still paying old dictators’ bills.
Finance minister says Iraq will oversee reconstruction funds
(January 30, 2004) Iraqi Finance Minister Kamil al-Kaylani has said that Iraqi officials will soon begin operating a regulatory body to oversee the disbursement of Iraqi reconstruction funds, including the $18.6 billion in U.S. funds for Iraq.
Iraq pays another $185m in war reparations
(January 30, 2004) .K.-based debt campaigner Jubilee Iraq claims not a single newspaper has reported Iraq was forced to pay another US$184,568,674.54 in war reparations on Thursday, Jan. 22, 2004.
The oil-for-food scandal: next steps for Congress
(June 30, 2004) The oil-for-food fraud is potentially the biggest scandal in the history of the United Nations and one of the greatest financial scandals of modern times.
France urges maximum 50 percent Iraq debt cancellation
(June 22, 2004) France does not want more than half of Iraq’s debts written off, a Foreign Ministry spokeswoman said on Tuesday, confirming Paris’ resistance to U.S. pressure to scrap almost all of $120 billion owed by the oil-rich state.