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01-04-2006, 07:57 AM #1
OPSenior Member
Iraq returns to financial markets!!!
LOL...if I didn't know better I'd swear you were Republican the way that reads! NOT flamin' now!!! All the bad russian shit reminds me of the Reagon years. Do agree with ya that we do have other concerns, but I also believe, as you know, that we are doing the right thing now. Have a good one and make it number five!!! :thumbsup:
Originally Posted by eg420ne
Psycho4Bud Reviewed by Psycho4Bud on . Iraq returns to financial markets!!! Iraq is preparing to borrow money to repay some of its creditors. A $2bn (Ā£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
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