(October 23, 2003) Iraq’s outstanding loans were incurred without the population’s consent, as creditors likely were aware, and such ‘odious debt’ deserves to be forgiven.
Annan tells Iraq donors to dig deep
(October 23, 2003) About $50bn is needed to rebuild Iraq, aid officials say United Nations Secretary General Kofi Annan has called on the international community to "give and give generously".
Iraq debt casts a shadow over rebuilding plans
(October 22, 2003) Even a big debt write-off, which has been mooted, could still leave Iraq poor for many decades to come.
Controversial new report: Iraqi views on foreign debt and reparations
(October 22, 2003) As big powers gather, report indicates ‘unanimous’ Iraqi opposition to payment of Saddam’s ‘odious’ debts.
Cancel Iraq’s odious debts first, donors conference told
(October 22, 2003) Debt relief groups have urged Iraq’s debtors to adhere to a 100-year-old legal principle to resolve Iraq’s debt crisis and assist reconstruction efforts when they meet tomorrow in Madrid.
FT briefing: Iraq donors’ conference
(October 21, 2003) The US will discuss Iraq debt forgiveness with several countries on the fringes of the conference. The Paris Club estimates Iraq’s existing debts at $21bn.
Nations ponder Iraq’s ‘odious’ debt millstone
(October 21, 2003) Deep disagreement over Iraq’s crippling debt burden is expected to reanimate old quarrels and undermine progress at the Iraq donors conference, which meets for two days from Thursday in Madrid.
Sununu criticizes Iraq loan suggestion
(October 19, 2003) The United States should not ask Iraq to repay a portion of the proposed $87 billion for postwar expenses, U.S. Sen. John Sununu said Friday. It would send the wrong message to the Arab world and American allies, he said.
Bush cedes some control in Iraq
(October 18, 2003) Independent agency will oversee reconstruction spending.
US companies to be big gainers from Iraq outlay
(October 17, 2003) Much of the US financial contribution to Iraqi reconstruction will be earmarked for American companies, according to the top international official at the US Treasury.
Iraq’s debt to Bulgaria to be ‘paid off with oil’
(October 16, 2003) Iraq’s debt to Bulgaria would most probably be paid off through its oil, US Congressman James Sensenbrenner said to Bulgaria’s Parliamentary Speaker Ognyan Gerdjikov.
UN backs Iraq resolution
(October 16, 2003) The resolution confirms that for the time being the Coalition Provisional Authority will remain the over-arching power in Iraq, but stresses the transfer of sovereignty and government back to the Iraqi people as soon as practicable.
Freeing Iraq of its ‘odious debts’
(October 9, 2003) Believe it or not, there is a Web site, sponsored by a Canadian organization, called odiousdebts.org. It focuses on a question generally thought to be just over the horizon of public interest, but no longer.
Iraqi people: why should Iraq pay Saddam’s bills?
(October 6, 2003) Arguably, every cent being claimed is a result of Saddam’s economic mismanagement and warmongering, which not only failed to benefit the Iraqi people but also caused them great suffering.
Consultation with Iraqi leaders: week one
(October 5, 2003) One of Iraq’s leading Sunni clerics told us that the longest verse in the Qu’ran concerns debt justice, and quoted an old Arabic proverb "When a camel falls to the ground, the knives are many."