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View Full Version : World Affairs Board - Japan, China to reduce Iraqi Debt

Jared
07-23-2004, 12:33 PM
Some more folks jumping in. Hope this gets the other countries going!

http://www.worldaffairsboard.com/archive/index.php/t-1369.html

Jared :wave:
Blake
07-23-2004, 12:46 PM
This is the best type of news at this point. Slowly but surely, this will get a snowball type effect going. I just wish all the countries would just agree already without the dillydallying of a song and dance formal meeting with Baker. Hopefully, with any luck, the issue will be almost wrapped up by the end of the year.
Jared
07-23-2004, 03:02 PM
It's all part of that politics game. They first say no and then wait for someone to come to them so they can wring out consessions from them. It drives a person to drink! :drunk:

Jared :wave:
fsm75
07-23-2004, 05:27 PM
That is a great article...The fact that one of the country's largest creditors is agreeing to cut debt is the beginning of the snowball effect that was already mentioned here. It's a matter of time guys
..
RogerL
07-23-2004, 05:35 PM
That is a great article...The fact that one of the country's largest creditors is agreeing to cut debt is the beginning of the snowball effect that was already mentioned here. It's a matter of time guys
..

Now all we have to do is to get Jacques Chirac to go below 50% on France's debt forgiveness. If he gives in, so will everyone else. Sadly, I'm not going to hold my breath for that to happen.
fsm75
07-23-2004, 05:39 PM
Now all we have to do is to get Jacques Chirac to go below 50% on France's debt forgiveness. If he gives in, so will everyone else. Sadly, I'm not going to hold my breath for that to happen.
I thought I read that good 'ol Jacques was caving in?
RogerL
07-23-2004, 05:45 PM
I thought I read that good 'ol Jacques was caving in?

Last I heard he was willing to go no further than 50%. The US wanted 95-100%. If anyone else knows differently, you'll make my day!
Bill in Dc
07-23-2004, 06:12 PM
i firmly believe that "ol' jacques" ain't going to commit to debt reduction and/or elimination until after the us election! ... after that time he will pursue one of two policies:

--reward a kerry win with virtually complete cooperation vis-a-vis iraq (in hopes of a lucrative quid-pro-quo) or;

--participate grudgingly, but nevertheless cooperatively, in rebuilding iraq, having been resigned to the prospect of another 4 year bush-cheney term!

i believe the animus is that deep between chirac and bush and that it could resort to such a petty calculus ... hope i'm wrong, but i fear not ...

regards,

bill