Monday, February 11, 2008

Russians Forgive 12 Billion Dollar Iraqi Debt.


MOSCOW (AFP) - Russia on Monday forgave nearly all the 12.9-billion-dollar debt owed it by Iraq and voiced hopes of increased Russian investment in the war-torn country, news agencies quoted Finance Minister Alexei Kudrin as saying.

The amount forgiven -- 12 billion dollars (8.2 billion euros) -- came to 93 percent of the mainly Soviet-era debt owed by Baghdad to Moscow, Interfax news agency reported.

So having refused all help to the US in the Iraq War, now they want to come in and profit from the peace, probably at our detriment? Typical.

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