Tag: Iraq’s Odious Debts

Iraq’s Odious Debts

(May 15, 2003) There’s a silver lining to the war in Iraq, it is this: The arms merchants who supplied Saddam Hussein’s military machine will not berepaid. The foreign financiers who financed Saddam Hussein’s undemocratic regime will not be repaid.

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.