(October 8, 2004) Iraq advocacy group, the Iraqi-Canadian Society, issued letters this week to the leaders of France, Germany, and Russia requesting 100 percent debt cancellation for Iraq.
Suck-ups for Saddam’s oil
(October 7, 2004) Saddam Hussein personally directed a worldwide scheme using valuable Iraqi oil to secretly win the support of officials from dozens of countries, according to a bombshell new report yesterday that named names.
Deal further away on Iraq debt relief
(October 7, 2004) The fissures dividing Europe and the United States on how to go about granting debt relief to highly indebted poor countries have widened at the meetings of the International Monetary Fund (IMF) and World Bank in Washington this week.
Moscow wants ‘impartial investigation’ into Iraq bribery claims
(October 7, 2004) Russia has pledged to cooperate with an investigation instigated by a U.S. report charging that Saddam Hussein tried to bribe Russian and French officials and firms to win support for Iraq in the U.N. Security Council.
Oil for corruption
(October 7, 2004) The cover-up is always worse than the crime, they say. But that doesn’t necessarily hold true when you’re dealing with the crime of the century – in fact, two centuries.
U.S. lawmakers say companies, foreign governments allowed Saddam to abuse U.N. food program
(October 6, 2004) U.S. lawmakers have criticized foreign governments, companies, and the United Nations, accusing them of acquiescing to corruption that diverted billions of dollars from the former U.N. Oil for Food Program to former Iraqi dictator Saddam Hussein.
Relief of Iraq’s debts, sort of
(October 6, 2004) Europe’s wealthy countries just could not decide over the weekend whether they were willing to forgive Iraq’s crippling debt load. They reportedly decided, therefore, on a predictable Third Way approach.
Cheney/Edwards debate: Iraq
(October 6, 2004) The allies have stepped forward and agreed to reduce and forgive Iraqi debt to the tune of nearly $80 billion by one estimate . . ." – Dick Cheney Vice Presidential debate at Case Western Reserve University in Cleveland, Ohio.
Iraq wants 90-95 percent debt forgiveness: minister
(October 5, 2004) Iraq hopes to reach a debt forgiveness deal with leading creditor nations by the end of the year, and views an offer by France to initially relieve only 50 percent of its debt as just a starting point.
Saddam misused oil-food program
(October 5, 2004) Saddam Hussein ran the Iraqi side of the U.N. oil-for-food program as a "cash cow" that let him buy weapons with some of the $10 billion he siphoned off, according to a report by investigators.
G-7 creditors vow to reduce Iraq debt this year but remain divided on scope
(October 4, 2004) U.S. and U.K remain keen to forgive 95 percent of the war-torn country’s obligations.
France, U.S. entrenched in Iraq debt dispute
(October 2, 2004) France and the United States dug into polarized positions on how much of Iraq’s debt to cancel at a meeting on Saturday aimed at promoting international harmony.
U.S., France in Iraq debt dispute
(October 2, 2004) Americans meeting resistance to cancellation of most of $120 billion owed.
IMF chips in, for Iraq and the US
(October 2, 2004) The International Monetary Fund (IMF), one of the most powerful architects of the world economy and controlled by the planet’s wealthiest nations, has marked its return to US-occupied Iraq with a new loan of US$436 million.
Iraq debt deal not imminent: Paris Club chairman
(October 1, 2004) An agreement among the Paris Club group of creditor nations on a write-off of a portion of Iraq’s foreign debt is not imminent but could be achieved by the end of the year, the group’s chairman said.