(May 15, 2003) In an interview on Ekho Moskvy radio, Powell said some of Iraq’s debt will have to be refinanced or rescheduled but he said the new Iraqi government, when it comes into office, will "take into account" its debt obligations to Moscow.

(May 15, 2003) This is the U.S. State Department’s transcript of an interview U.S. Secretary of State Colin L. Powell gave on Echo Moskvy Radio in Moscow, Russia.

(May 15, 2003) U.S. Secretary of State Colin Powell expressed confidence that a new Iraqi government will recognize Iraq’s debts to Russia in full.

(May 14, 2003) Before Iraq’s oil revenues can be used for reconstruction […] Iraq’s massive debt burden must be addressed. The draft resolution under consideration in the council contains some provisions that could signal how the issue will be resolved.

(May 14, 2003) Lebanon’s central bank has located and secured $495 million (U.S.) in Iraqi funds, a U.S. Treasury official said at congressional hearings on efforts to trace the billions of dollars that Saddam Hussein is thought to have hidden away.

(May 13, 2003) Bulgaria have not been demanded to discount the debt of Iraq, the country’s foreign minister said commenting on talk that the U.S. wants Iraqi debt remitted.

(May 13, 2003)"I personally would be very happy to see the old creditors of Iraq not getting paid," Soros told a gathering at the CSIS. "That would send a signal to the financial markets that it’s dangerous to deal with oppressive regimes."

(May 13, 2003) At the G-8 summit the United States will press for the forgiveness of Saddam Hussein’s state debts, on the ground that since that money was not borrowed on behalf and for the benefit of Iraq’s people, Iraq’s people should not have to repay it.

(May 12, 2003) The government of Japan is considering allowing Iraq to temporarily suspend repayment of public-sector foreign debts accumulated under the regime of Saddam Hussein, sources said.

(May 11, 2003) Additional sweeteners are also offered to France and Russia […]: The American resolution promises them that Iraq’s debts, incurred by Saddam, will still be honoured by any new Baghdad government.

(May 9, 2003) The post-war Iraqi situation appears to be one of a heavily indebted oil-exporting country, more similar to Venezuela than to Saudi Arabia. Moreover, the cost of rebuilding Iraq after the war is likely to place further burdens on its public finance.

(May 8, 2003) German society in the immediate post-Hitler era lacked the legitimacy to judge the Nazis… As the primary victim of Saddam’s regime, the people of Iraq have all the legitimacy they need to try their oppressors.

(May 8, 2003) Iraq can make a strong case that Mr Hussein borrowed without the consent of the Iraqi people and then spent much of the money to finance violence and repression. Hence, Iraq might argue, the debt is illegitimate.

(May 8, 2003) Negotiations — covering sovereign debt owed to such nations as Russia, Poland, Egypt and Germany as well as claims from Iraq’s 1990 invasion of Kuwait — may hinder Iraq’s reconstruction, according to Robert Hormats.