(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.
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."
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."
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.
Administration’s $87 billion Iraq plan hits more turbulence in Congress
(September 24, 2003) Rep. Dana Rohrabacher, R-Calif., said the result of the administration’s proposal would be for U.S. taxpayers to help repay debt that Saddam Hussein owed to European nations before his government was toppled.
Toppling of Saddam leaves debt questions to be solved
(September 24, 2003) Policymakers and debt watchers are considering a scheme that two economists have drawn up to eliminate lending to odious regimes, such as Saddam Hussein’s Iraq.
Global economic recovery underway: G-7
(September 24, 2003) Finance ministers and central bank chiefs from the Group of Seven creditor nations ended their one-day meeting in Dubai, urging all bilateral creditors to join them in canceling "100 percent of their eligible claims."
Senator Biden calls for Iraqi debt cancelation
(September 22, 2003) All the countries, all the countries, are going to have to engage in debt forgiveness for . . . this new country to have any possibility of getting off the ground.
Iraqi debt forgiveness urged
(September 22, 2003) "About 90 percent of Iraq’s potential, virtual debt is war-related . . . I cannot see how a country like Iraq can bear this burden," said Marek Belka, head of the Coalition Provisional Authority body raising money for Iraq’s reconstruction. "A serious, serious write off [is needed]," he added.
Russia wants $2B from Kabul
(September 22, 2003) A U.S. official said Saturday that Russian Finance Minister Alexei Kudrin told U.S. Treasury Secretary John Snow that Russia would contribute aid to Afghanistan once the issue of Afghan debts owed to Russia was settled.


