(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.
Soaking U.S. taxpayers for France, Russia and Germany – Iraq should pay its own way!
(October 8, 2003) Iraq can’t finance its own reconstruction because it has a debt of $200 billion and can’t borrow against future oil profits. More than half is commercial debt owed to a number of countries and the rest is war reparations owed from the first Gulf War.
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.
Interview with President Putin
(October 5, 2003) "We pay old Soviet Union debts, though it is not clear why we have to. . . . Iraq, in terms of its parameters – its potential – is not among the poorest countries of the world. . . . And it is capable of paying its debts." – President Putin of Russia.
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."
Kuwaitis reject Bremer’s hint to drop reparations
(October 3, 2003) Islamist MP Khaled al-Adwa said: "The Iraqi occupation happened, so the past political leadership or the one that follows it must bear responsibility for that occupation.
Compensation non-negotiable
(October 3, 2003) Kuwait says demands for billions of dollars in war reparations owed by Iraq for losses caused by the deposed Iraqi regime is an "non-negotiable" issue.
Kenya: corruption scandal
(October 1, 2003) Revelations from the Goldenberg Commission investigation left Kenyans – a majority of whom live on less than a dollar per day – reeling at the news of how much money the country lost to fraudsters.
Iraqi funding bill is kept intact
(October 1, 2003) If our European allies lent billions of dollars to Saddam Hussein, let them go collect from Saddam Hussein, said California Republican, Rep. Dana Rohrabacher.
Debt-relief proposal for Iraq receives a frosty reception
(September 30, 2003) A bipartisan congressional proposal to forgive the – odious debt – racked up by the former Iraqi regime is encountering resistance from two political entities that rarely find themselves in agreement: the House Democratic leadership and the White House.
US call to drop Iraq debt angers Kuwait
(September 29, 2003) Kuwaiti parliamentarians reacted angrily to a US suggestion the country drop demands for billions of dollars in war reparations owed by former foe Iraq, newspapers said yesterday.
US call to drop Iraq debt angers Kuwait MPs
(September 29, 2003) Kuwaiti parliamentarians reacted angrily to a US suggestion the country drop demands for billions of dollars in war reparations owed by former foe Iraq, newspapers said yesterday.
World Bank/IMF meeting focus on Iraq
(September 25, 2003) World Bank President James Wolfensohn told reporters that U.S.-published estimates ranging from $50 billion-$70 billion for Iraq’s reconstruction effort were "in the ball park."
Paying for war’s aftermath
(September 25, 2003) How about forcing the Iraqi people to take out a mortgage on their newfound freedom, using their nation’s future oil revenue as collateral?
Bremer seeks funds for Iraqi power grid
(September 25, 2003) “Think of what we would be asking Iraqis were we to suggest they fashion a new economy, a new democracy, while literally in the dark eight hours a day.” -L. Paul Bremer, administrator of the Coalition Provisional Authority.
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