Russia to write off 91% of Iraqs Debt.
Quote:
Iraq Welcomes Russian Debt Write-Off
BAGHDAD (AP) — Iraqi President Jalal Talabani welcomed Friday an expected Russian decision to write off 91 percent of Iraq's estimated $13 billion debt, calling it a "historic turning point" in relations between the two countries.
A diplomat at the Iraqi Embassy in Moscow said Thursday that the pact would be signed during a visit by Iraq's Foreign Minister Hoshyar Zebari that starts Sunday. A Russian Finance Ministry official also said a debt-restructuring deal was planned.
They both spoke on condition of anonymity because they were not authorized to make public statements.
Talabani and other Iraqi officials met Friday with a delegation led by the Russian ambassador to Iraq to discuss expanding ties. Russia strongly opposed the U.S.-led invasion in 2003 that overthrew Saddam Hussein.
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http://ap.google.com/article/ALeqM5j...DqXVwD8UMB0282
... bad economic news.
__________________
McCain/Palin 2008 
"We make war that we may live in peace"
"Peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever."
"Keep that faith,keep your courage,stick together, stay strong,do not yield,do not flinch,stand up,we're Americans,we'll never surrender they will"
http://members.cox.net/neddy/bobhope_kerfuffles.wmv
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http://youtube.com/watch?v=j-QYIP7o2-A
Last edited by DuH2; 02-10-2008 at 08:21 PM.
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02-10-2008, 08:21 PM
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