Digestz - UAE CANCELS NEARLY $7 BLN IN IRAQ DEBT

HOME »TOP NEWS »WORLD »BUSINESS »SPORTS »HEALTH »ENTERTAINMENT »SCIENCE/TECHNOLOGY

Digestz

UAE cancels nearly $7 bln in Iraq debt

2008/07/06 19:30:00 @Reuters: International News

DUBAI (Reuters) - The United Arab Emirates has cancelled almost $7 billion of debt including interest and arrears payments owed by Baghdad, becoming the first Gulf Arab country to forgive all of Iraq's debt.
[ VIEW FULL COVERAGE @Reuters: International News ]

COMMENT ON THIS STORY

Digestz Recent Comments

1 comments in
"Draft Top 32: Freaky Johnson cannot be denied"
4 comments in
"World's Tallest Dutch Haven't Grown Since 2001, Study Finds"
1 comments in
"Chiquita Pleads Guilty to Doing Business With Terrorists"
1 comments in
"Death Toll in Indonesian Passenger Ferry Fire Hits 41"
1 comments in
"Hackers Race to Be First to Find Holes in Windows Vista"
1 comments in
"Police: Retired U.S. Tourist Kills Mugger With Bare Hands"
1 comments in
"Oklahoman wins Miss America crown (AP) "
1 comments in
"Report: N. Korea Helping Iran Plan Nuclear Test"
3 comments in
"Suspect in Russian Spy Poisoning Case: It Wasn't Me"
1 comments in
"Economic Reports Sink Stocks"