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The Iraqi people shouldn't pay Saddam's bills

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*Iraq makes first interest payment in 15yrs
*Talabani again calls for cancellation of Arab debt

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July 17, 2006

Iraq makes first interest payment in 15yrs ^top^

As the UN reports the death toll for May and June was almost 6000, foreign creditors are also getting their pound of flesh. Today Iraq is scheduled to make its first interest payment to private creditors - of $87m - in more than 15 years (FT).

July 05, 2006

Talabani again calls for cancellation of Arab debt ^top^

"Regarding our Arab brothers, we hope they will initiate the cancellation of this debt," President Talabani said in a statement in Baghdad as Prime Minister Nuri al-Maliki ended a Gulf tour. "States that helped the dictatorship have no right to ask the democratic state that succeeded it to repay those debts."