Results 1 to 10 of 10
Hybrid View
-
12-28-2006, 03:31 PM #1OPSenior Member
Iraq court says Saddam should hang in 30 days
Originally Posted by Zimzum
http://www.menafn.com/qn_news_story_...yId=1093137411
Iraq's oil revenue may provide every Iraqi with $3500 a year
(MENAFN) An American energy analyst that a plan gaining favor in Washington to distribute Iraq's oil revenue directly to its people could put $3,500 a year in the hands of every adult Iraqi citizen, AlArab Online reported.
The analyst said that his estimate was based on an oil price of $60 a barrel, $10 a barrel production costs, and the assumption that 10 million Iraqis would be old enough to qualify for a share of their country's oil wealth.
He said that the best way to administer the program may be to give the money to those who register to vote and maintain a bank account, thus promoting social involvement and stability.
However, opponents say distributing the money would be difficult due to logistical and corruption problems, but the idea has picked up advocates as the United States looks for ways to stop the chaos that has followed the 2003 invasion that toppled Iraqi leader Saddam Hussein.
Iraq produces 2.2 million barrels of oil a day and exports 1.5 million barrels, according to the Iraq Study Group Report issued earlier this month.
Estimates for current average annual income in Iraq vary widely, but top out at around $1,500 a year.Psycho4Bud Reviewed by Psycho4Bud on . Iraq court says Saddam should hang in 30 days BAGHDAD (Reuters) - An Iraqi appeals court on Tuesday upheld Saddam Hussein's death sentence for crimes against humanity and said he should hang within 30 days. "The appeal court has approved the death sentence. They (the government) has the right to choose the date starting from tomorrow up to 30 days. After 30 days it will be an obligation to implement the sentence," the head of the Iraqi High Tribunal, Aref Abdul-Razzaq al-Shahin, told a news conference. Rating: 5
Advertisements
Similar Threads
-
Iraqi court sentences "Chemical Ali" to hang
By Psycho4Bud in forum PoliticsReplies: 18Last Post: 07-23-2007, 06:58 PM -
Saddam Hussein executed in Iraq
By Great Spirit in forum ConspiracyReplies: 8Last Post: 01-06-2007, 10:04 AM -
Saddam could hang in hours -Iraqi officials
By Psycho4Bud in forum PoliticsReplies: 26Last Post: 12-31-2006, 03:57 AM -
Iraq: More Hellish Now Than Under Saddam
By Great Spirit in forum PoliticsReplies: 10Last Post: 12-23-2006, 08:01 PM -
Saddam Hussein executed in Iraq
By in forum PoliticsReplies: 0Last Post: 01-01-1970, 12:00 AM