(August 18, 2003) Canadian engineering firm Acres International Ltd. lost an appeal against conviction on a charge of bribery in a high-profile corruption case in Lesotho on Friday – but won its fight against a second graft conviction and had a whopping fine of $4.2-million reduced to $2.8-million.
Debts, Moral and Financial
(April 18, 2003) There is a doctrine that has gained some acceptance in international law that might be able to help Iraq solve its debt problems. This is the "doctrine of odious debts."
Analysis: Forgiving Iraq’s debts – II
(April 18, 2003) With reparations and commercial obligations, the country’s destitute denizens are saddled with more than $16,000 in debt per capita. Iraqi debt equals 15-20 times the country’s gross national product.
Russische Interessen an der Außenschuld des Iraks
(April 18, 2003) This paper argues Russia has rejected the American proposal for debt relief in Iraq, and favours using Iraq’s debt to drive negotiations to improve its own economic position in
post-Saddam Iraq.
A question of despots and debts
(April 18, 2003) There is a moral dimension to the Iraqi debt issue that deserves a good deal more discussion than it has gotten so far. Should those who lend money to despots expect to get their money back if the despot is toppled?
Russische Interessen an der Aunschuld des Iraks
(April 18, 2003) In this paper, Hishow argues that Russia has rejected the American proposal for debt relief in Iraq and favours using Iraq’s debt to drive negotiations to improve its own economic position in post-Saddam Iraq. [Published in German]
Russische Interessen an der Außenschuld des Iraks
(April 18, 2003) This paper argues Russia has rejected the American proposal for debt relief in Iraq, and favours using Iraq’s debt to drive negotiations to improve its own economic position in post-Saddam Iraq.
Forgiving Iraq’s Debts
(April 17, 2003)Chairman of the Duma’s Committee on the State Debt and Foreign Assets, Vladimir Nikitin, called the American proposals for debt relief "more than bizarre". Iraq’s debt to Russia – some "well verified and grounded" $8 billion – is not negotiable.
A country in ruin but rich in resources looks to rebirth
(April 17, 2003) Outside Iraq, the usual repositories of economic data, like the World Bank or the International Monetary Fund, have scant knowledge of what has been going on inside the country since the 1980s.
Probe International’s letter to AMEC
(April 17, 2003) Probe International tries to determine the extent of AMEC’s involvement with the Chalillo dam project in Belize.
Who can sell Iraq’s oil?
(April 17, 2003) Saddam Hussein used much of the borrowed money to pay for his wars against Iran and Kuwait and his repressive forces…But the rules are there: tyrannies may fall, but their debts live on.
Next spat over Iraq: Foreign debt relief
(April 17, 2003) Outstanding public-sector loans to Iraq are fast becoming another contentious issue between the US and the so-called coalition of the unwilling. Japan is also an interested player, holding a total of 673 billion yen in outstanding loans to Iraq.
Deferring to a failing Europe
(April 16, 2003) There is no entitlement for France, Germany, Russia and the U.N. They did all in their power to keep Saddam Hussein in power, which makes them accessories to tyranny and war crimes.
Ex-water chief must serve 18* years
(April 15, 2003) The Lesotho Court of Appeal on Monday confirmed the conviction of the former head of the Lesotho Highlands Development Authority on 13 counts of receiving bribe money from international contractors and consultants.
Restructuring, not forgiveness
(April 15, 2003) If Mr. Snow’s remarks were muddling, those of Mr. Wolfowitz were mischievous. Iraq’s debt problem is a serious issue. It should not get mixed up in political point-scoring.


