Monday, August 20, 2007

Saudi wipes Iraq's debt.

Iraq's Finance Minister Bayan Jabor has revealed Saudi Arabia has agreed to wipe off most of the $15.5bn the war-ravaged country owes the kingdom, reported the Dow Jones newswires. Saudi Foreign Minister Saud Al Faisal said earlier this year that the kingdom had not, as yet, made any pledge to forgive Iraq's debt but talks were ongoing. Russia has also stated that it will write off around $13bn.

http://www.ameinfo.com/129454.html

And how is our debt going in this country???

2 comments:

airJackie said...

Who's your Daddy? Now the Saudi aren't wiping out the Iraq debt for nothing. Look for Russian and others to join. Let's talk oil. Yes the US can no longer control the Iraq oil as Cheney had planned. Remember that's why Bush/Cheney wanted to invade Iraq alone so they could have total control of Iraq and the oil. Looks like the plan didn't work and the players got played.

Anonymous said...

Yes, Russia is also considering wiping out debt. Putin and Ahmadinejad have another scheduled meeting soon, this time in Iran.