http://www.jubileeiraq.org/ en-us justin@jubileeiraq.org 2004-05-19T14:13:22+00:00 hourly 1 2000-01-01T12:00+00:00 http://www.jubileeiraq.org/blog/2004_05.html An Iraqi delegation is visiting the UN today to demand full control of oil revenues and a cut in war reparations. Deputy Foreign Minister Hamid Bayati told Reuters "Iraq must have a say in the next U.N. resolution. We will... 435@http://www.jubileeiraq.org/ 2004-05-19T14:13:22+00:00 http://www.jubileeiraq.org/blog/2004_05.html Al-Mutamar, the newspaper of the INC, reports that IGC member Adnan Pachachi has said the transitional governments authority should be restricted to making administrative and technical decisions. "It has no right to sign international long-term agreements." (translation by IWPR) Jubilee... 436@http://www.jubileeiraq.org/ 2004-05-13T15:06:30+00:00 http://www.jubileeiraq.org/blog/2004_05.html AccountancyAge.com highlights the clash of two big accountancy firms on the issue of Saddam's debt. Ernst & Young has been employed by the CPA to reconcile debt claims, while BDO has launched an initiative to support private creditors. "In essence... 437@http://www.jubileeiraq.org/ 2004-05-11T23:24:02+00:00 http://www.jubileeiraq.org/blog/2004_05.html From CNN's Wolf Blitzer interview of Ahmed Chalabi (broadcast noon EST on May 9th): BLITZER: What role do you expect to play? Do you want to play, starting on July 1st? CHALABI: I am not a candidate for any government... 438@http://www.jubileeiraq.org/ 2004-05-11T23:19:28+00:00 http://www.jubileeiraq.org/blog/2004_05.html In an article entitled "Iraqi Central Bank Confirms Commitment To Former Regime's Financial Obligations", Saudi newspaper Dar al-Hayat reports that Faleh Dawood Suleiman, the deputy governor of the Iraqi Central Bank "has assured that the Central Bank will not back... 439@http://www.jubileeiraq.org/ 2004-05-11T23:09:54+00:00 http://www.jubileeiraq.org/blog/2004_05.html A London-based accountants BDO Stoy Hayward (lead advisor to the UNCC) is forming a creditors committee to help companies extract billions of dollars in debt from Iraq. It has sent letters to hundreds of businesses owed money by Saddam's former... 440@http://www.jubileeiraq.org/ 2004-05-10T17:01:01+00:00 http://www.jubileeiraq.org/blog/2004_05.html Debt brokerage Exotix and investment bank GML International have formed the Iraq Creditors Club to reconcile, manage and reschedule around $7-8bn of commercial claims from creditors outside the London Club. The club partners seek to standardise the documentation of the... 441@http://www.jubileeiraq.org/ 2004-05-07T10:07:24+00:00 http://www.jubileeiraq.org/blog/2004_04.html The Christian Science Monitor's editorial "Iraq and Global Debt Relief" argues that cancelling Saddam's debt and that of other dictators is good for security since "poverty helps drive terrorism" and therefore "many other nations saddled with unpayable debts are deserving... 442@http://www.jubileeiraq.org/ 2004-04-28T19:22:22+00:00 http://www.jubileeiraq.org/blog/2004_04.html Russian news service ITAR-TASS reports that Finance Minister Alexei Kudrin said today at the IMF spring meeting that Russia is not going to consider a unilateral debt write-off for Iraq: "We are waiting for the results of the IMF work... 443@http://www.jubileeiraq.org/ 2004-04-25T11:52:02+00:00 http://www.jubileeiraq.org/blog/2004_04.html French Finance Minister Nicolas Sarkozy discussed debt with U.S. Secretary of State Colin Powell, and expressed caution about the amount of help Iraq should get. "Colin Powell asked for maximum Iraqi debt relief," Sarkozy told reporters as he left the... 444@http://www.jubileeiraq.org/ 2004-04-23T19:32:38+00:00 http://www.jubileeiraq.org/blog/2004_04.html The AP reports that French insurance giant AXA has agreed to compensate three Jews who owned property in Iraq and were expelled in the early 1950s. Israeli Justice Ministry spokesman Yaakov Galanti said this is a precedent that could pave... 445@http://www.jubileeiraq.org/ 2004-04-20T22:17:01+00:00 http://www.jubileeiraq.org/blog/2004_04.html James Wolfensohn, the World Bank president, said in an interview with the Guardian said the intellectual climate regarding debt had altered as a result of the White House's argument that the Iraqi people deserved a fresh start because their country's... 446@http://www.jubileeiraq.org/ 2004-04-20T22:06:51+00:00 http://www.jubileeiraq.org/blog/2004_04.html Bulgarian news agency Novinite reports "Bulgaria will not write-off but reschedule Iraq's debt in view of the country's economy and oil sector potential, Finance Minister Velchev stressed during a meeting with US Deputy Secretary of Commerce Samuel Bodman. Bulgaria should... 447@http://www.jubileeiraq.org/ 2004-04-19T00:13:42+00:00 http://www.jubileeiraq.org/blog/2004_04.html The Gulf News, in an article entitled "Arab Monetary Fund reiterates bid to seek repayment of Iraq debt", reports that the AMF board said at it's annual meeting yesterday that it would not write off arrears owed by Iraq and... 448@http://www.jubileeiraq.org/ 2004-04-15T17:31:54+00:00 http://www.jubileeiraq.org/blog/2004_04.html On the anniversary of the fall of Saddam, Mas'ud Barzani the leader of the KDP made a statement to the Iraqi people on Salah-al-Din Kurdish TV which includes: "We urge the donor countries and the international community as a whole... 449@http://www.jubileeiraq.org/ 2004-04-10T22:41:09+00:00