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UAE cancels Iraq's debts
Radio Netherlands ^
| July 06 2008
Posted on 07/06/2008 9:01:12 AM PDT by knighthawk
The United Arab Emirates has written off debts of close to 4.5 billion euros owed by Iraq. It is the first country in the Gulf region to take such a step. In recent months, the United States has been urging Arab governments to support Iraq's recovery by joining Western nations in forgiving their share of Iraqi foreign debts. It is estimated that Iraq's total foreign debt comes to just over 50 billion euros.
TOPICS: News/Current Events
KEYWORDS: iraq; iraqdebt; trade; uae
To: MizSterious; Nix 2; green lantern; BeOSUser; Brad's Gramma; dreadme; Turk2; keri; ...
2
posted on
07/06/2008 9:01:46 AM PDT
by
knighthawk
(We will always remember We will always be proud We will always be prepared so we may always be free)
To: knighthawk
They should cancel ours too!
3
posted on
07/06/2008 9:06:49 AM PDT
by
hedgetrimmer
(I'm a billionaire! Thanks WTO and the "free trade" system!--Hu Jintao top 10 worst dictators)
To: knighthawk
For those who care... 50 billion euros is equivalent to 78.5 billion U.S. Dollars... Great, useless paper money chasing after more useless paper money...
4
posted on
07/06/2008 9:22:20 AM PDT
by
John123
(Obambi said that he has been in 57 states. I will now light myself on fire...)
To: knighthawk
Isn't that special?
5
posted on
07/06/2008 9:32:59 AM PDT
by
null and void
(every Muslim, the minute he can differentiate, carries hate of Americans, Jews & Christians - OBL)
To: knighthawk
Good for the UAE. This will surely help Iraq get back up on its feet.
6
posted on
07/06/2008 10:15:43 AM PDT
by
dinodino
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