Iraq returns to financial markets!!!

[Psycho4Bud]

Iraq is preparing to borrow money to repay some of its creditors.
A $2bn (£1.16bn) bond issue would mark Iraq's return to the global financial markets after years of sanctions.

Banks and foreign groups have agreed to cancel between 80% and 87.5% of the $20bn debts owed them in return for partial repayments.

The bond would "extinguish the claims of most large private sector creditors on Iraq", finance minister Ali Allawi told Reuters.

"It will fulfil a major goal of the interim government," he said.

The return on the 20-year bond will be 5.8% a year, Mr Allawi said, adding that it would be traded in Europe.
http://news.bbc.co.uk/1/hi/business/4577942.stm

HELL YES!!! :thumbsup:

Psycho4Bud Reviewed by Psycho4Bud on 01-04-2006. Iraq returns to financial markets!!! Iraq is preparing to borrow money to repay some of its creditors. A $2bn (£1.16bn) bond issue would mark Iraq's return to the global financial markets after years of sanctions. Banks and foreign groups have agreed to cancel between 80% and 87.5% of the $20bn debts owed them in return for partial repayments. The bond would "extinguish the claims of most large private sector creditors on Iraq", finance minister Ali Allawi told Reuters. "It will fulfil a major goal of the interim Rating: 5

[eg420ne]

Do you know why our military release the dreaded Dr Germ & Mrs Anthrax, I thought that was one of 100s reason we'd went into Iraq....And why are we still carpet bombing everything still..The news told me everything is fine :what: what gives.....And since were talking markets does it worry you the U.S. is over 8 trillion dollars in debt and that china owns most of our debt...If we control Iraq why then we have to carpet bomb it

[andruejaysin]

I officially request to be invaded. 12.5% sounds sweet.

[Psycho4Bud]

Do you know why our military release the dreaded Dr Germ & Mrs Anthrax, I thought that was one of 100s reason we'd went into Iraq....And why are we still carpet bombing everything still..The news told me everything is fine :what: what gives.....And since were talking markets does it worry you the U.S. is over 8 trillion dollars in debt and that china owns most of our debt...If we control Iraq why then we have to carpet bomb it

We're still carpet bombing what??? You gotta give up the Pissplanet news dude! Have a good one!! :thumbsup:

[eg420ne]

Dude!!!!!!! that shit was on the fukin corporate news ---my god!!!!!

[Psycho4Bud]

Dude!!!!!!! that shit was on the fukin corporate news ---my god!!!!!

Should be no problem in providing a link then....carpet bombing became obsolete with the smart bomb. Have a good one! :thumbsup:

[eg420ne]

well chk it out for yourself i know what i saw on cnn, the us jets keep on bombing peoples houses and other areas.. Your the one who said it dont happened so look into yourself im sure you can find it

[eg420ne]

Its no uses in telling you anything with your blind following. Im surprised you didnt hear about it..

[eg420ne]

If i must bore myself here it goes-There were others but i dont want to waste my time...

US air strike hits Iraqi family
Several members of the same family, including women and children, have been killed in a US air strike that destroyed their home in northern Iraq.
There was confusion over the number of casualties, but local authorities in the town of Beiji, north of Tikrit, have confirmed at least six dead.

US forces said they acted after seeing three men suspected of planting a roadside bomb enter the house.

The raid has prompted anger among some local political leaders.

US military spokesman Lieutenant-Colonel Barry Johnson said the men, who ran into the house after digging a hole, were assesed as a threat to civilians and military forces.

"An unmanned aerial vehicle... observed the would-be attackers as they dug a hole following the common pattern of roadside bomb emplacement," he told the AFP news agency.


Even if there had been, why didn't they surround the area and detain the terrorists instead?
Police Colonel Sufyan Mustafa

"The individuals left the road site and were followed from the air to a nearby building. Coalition forces employed precision guided munitions on the structure."
But he did not confirm the number of casualties or whether a roadside bomb has been found.

Local police chief Colonel Sufyan Mustafa said he believed there were no anti-US insurgents present in the house.

"Even if there had been, why didn't they surround the area and detain the terrorists instead?," he told the Reuters news agency.

'Historic crime'

Ghadban Nahd Hassan, 56, told AFP that 14 members of his family had been in the house when it was it bombed.

"I was with some friends in a small shop 100m away from the house when I heard the bombing at around 2130 (1830 GMT)," he said.

"I rushed over to see. My house was destroyed and there was smoke everywhere."

So far, the bodies of a nine-year-old boy, an 11-year-old girl, three women and three men have been found in the rubble, police said.

US forces frequently use air strikes in their battle against Iraqi insurgents, in an effort to minimise US casualties.

A local official of the biggest Sunni Arab political group, the Iraqi Islamic Party, called for demonstrations.

"This is a historic crime and another catastrophe for the people of Baiji," he told Reuters.

"If there were gunmen or criminals in that house, is it right to blow up the whole family?"

Hussein al-Falluji, a lawyer and a national leader of the Sunni-dominated Iraqi Accordance Front, said: "Once again the occupiers have shown their barbarism. They never learn from their mistakes... People's resentment is increasing."


Story from BBC NEWS:
http://news.bbc.co.uk/go/pr/fr/-/1/h...st/4577578.stm

But what about the other things i posted about the release of the enemy and our debt

[Psycho4Bud]

I heard about this...but this is not carpet bombing "Coalition forces employed precision guided munitions on the structure."

Now ya see what I mean....it's kind of like an Alex Jones article...plump full of great exagerations and accusations! Have a good one dude try to keep your feet on the ground a bit. :thumbsup:

When one person makes an accusation, check to be sure he himself is not the guilty one. Sometimes it is those whose case is weak who make the most clamour.
Piers Anthony

There are some people so addicted to exaggeration that they can't tell the truth without lying.
Josh Billings

Very interesting.............