(January 9, 2005) The United Nations may have overpaid up to $5 billion to individuals, companies and Gulf states for losses in Iraq’s 1990 invasion and occupation of Kuwait, auditors’ documents showed on Sunday.
World Bank president’s ‘mixed legacy’
(January 7, 2005) World Bank President James Wolfensohn’s recent announcement that he was unlikely to stay in his post as head of one of the world’s most powerful financial institutions, cast his decade-long legacy into the spotlight this week.
Pinochet ruled fit for trial
(January 5, 2005) Chilean top court contradicts its 2002 decision that the former dictator could not be tried due to dementia.
Saddam ‘spills the beans’ on hidden millions
(December 30, 2004) The US-appointed council believes the former president accumulated as much as $40bn (£22.5bn) during his years in power, which he hid in accounts in Switzerland, Japan, Germany and other countries.
Dangerous life for Equatorial Guinea opposition
(December 24, 2004) Foreign critics say corruption has stopped the flow of petrodollars from trickling down to the whole population, but the government says it is investing the newfound wealth in social services and infrastructure.
Russia writes off over 92% of Iraqi debt
(December 23, 2004) Russia has written off 92%-93% of Iraq’s debt even though Iraq is not an economically underdeveloped country, President Vladimir Putin said at a news conference in the Kremlin.
Hidden riches, coming trial help deflate Pinochet myth
(December 21, 2004) A ruling that Chile’s former dictator is fit to stand trial means that justice delayed need not always be justice denied.
Annan reiterates he won’t resign
(December 21, 2004) Secretary-General Kofi Annan reiterated Tuesday he has no intention of resigning over allegations of corruption in the U.N. oil-for-food program and plans to move ahead with sweeping changes at the United Nations.
Pinochet expected to appeal indictment
(December 20, 2004) Lawyers representing Augusto Pinochet were expected to turn to Chile’s highest legal authority after the country’s Appeals Court on upheld an indictment of the former dictator.
Case against Pinochet can proceed
(December 20, 2004) Murder charges against former Chilean dictator Augusto Pinochet in a major human rights case can proceed, an appeals court has said in an unprecedented ruling immediately appealed to the Supreme Court.
Russia links Iraq debt relief, companies
(December 19, 2003) The fate of Russian companies and economic interests in Iraq will affect Moscow’s position in talks on relieving Baghdad’s massive international debt burden, a top diplomat said Friday.
US forgives Iraq debt to clear way for IMF reforms
(December 19, 2004) While Washington pats itself on the back for forgiving Iraqi debt owed since the 1980s, critics say the relief comes with dangerous strings attached and argue that the debt should have been null and void.
The US cancels Iraqi debts
(December 18, 2004) Lifting the crushing burden of the old regime’s debt is one of the most important contributions we can make to Iraq’s new beginning," said US secretary of state Colin Powell.
Dealings in Africa examined
(December 18, 2004) Business ties between Obiang and seven U.S. oil companies are the subject of a probe by the Securities and Exchange Commission, according to the companies and lawyers familiar with the investigation.
US urges others to reduce Iraq’s debt
(December 17, 2004) The United States will try to convince more of Iraq’s creditors to forgive the country’s debt, Treasury Secretary John Snow said on Friday.
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