80% of Iraqi Debt to be Written off by G7
From News Ltd :
"The US, Germany and other G7 nations have agreed to write off up to 80 per cent of Iraq’s $US120 billion ($154 billion) foreign debt in a move that could pave the way for a wider international accord, officials said.
The breakthrough came today in talks between German Finance Minister Hans Eichel and US Treasury Secretary John Snow on the margins of a meeting of finance ministers and central bank chiefs from the G20 group of rich and developing nations. " , , ,
From The Command Post
Muslims march against terror:
"Some 20,000 people took to the streets in the western German city of Cologne on Sunday, waving German and Turkish flags, to protest against the use of violence in the name of Islam.
The marchers had two starting points -- a mosque and a cathedral -- and converged in the middle of the city for the event organized by the Islamic-Turkish Union with the slogan "Hand in Hand for Peace and Against Terror.", , ,
Via Instapundit
The BBC reporting on the UN oil for fraud program
UN knew of Saddam's oil-for-food thefts: BBC
"The United Nations knew that Iraqi president Saddam Hussein was stealing from the oil-for-food program - and, by extension, starving his own people - but did little to stop it, according to a special report by the BBC at the weekend.
After a six-month investigation, the BBC said it had evidence that Saddam took billions from the oil-for-food program, and that "these abuses were widely known about at the time". The BBC said there was evidence that Saddam demanded a kickback from companies that wanted to do business with Iraq under the oil-for-food program." , , ,
"The BBC sent a reporter to Iraq and Jordan to track down people involved in the oil-for-food program, which has been described as the largest financial swindle in history. Virtually all said that Saddam took kickbacks from companies who sold goods to Iraq, and that the UN knew this. The businessmen - most of whom spoke on the condition of anonymity - said it was standard to pay commissions, that nobody complained, and that was the price of doing business with Iraq."
, , ,
"The allegations have left the UN fighting for its reputation. The oil-for-food program is being investigated by six US congressional committees and by the UN itself.
Many UN officials believe the US is trying to divert media attention towards the oil-for-food program as a way of punishing the UN for failing to back the war in Iraq.
Others believe the US is using the investigations as a way of distracting attention from the war. Mr Shay said: 'Well, the UN is sure making it easy (to attack).'"(snicker)
Via Ace
A Black organization Condemming the Lefts racist hate speach
, , ,
"The Faith Based Leadership Council, a group of over 200 black clergy and members of the faith-based community, said cartoonists Jeff Danzinger, Pat Oliphant, Garry Trudeau, the Post and the Times have used racial stereotypes "to conduct their personal character assassination of" Rice's integrity because she chose to serve the Bush administration.
"These cartoonists believe that the liberal views of the Washington Post and New York Times somehow provides cover for them to engage in racist attacks upon Dr. Rice and other minority in the Bush Administration," said Oliver N.E. Kellman, Jr., executive director of the FBLC, in a statement.
"Mr. Danzinger's, Mr. Oliphant's and Mr. Trudeau's racist depictions of Dr. Rice are of the most twisted Ku Klux Klan/Skinhead Mindset. I am astonished that the NAACP, Rainbow-Push and other traditional civil rights groups did not denounce this type of trash from the very first day it was reported," Kellman said in a statement.
"Instead, they are silent witnesses to this racially motivated character assassination because of Dr. Rice's politics," he added. "The FBIC believes in the advancement of all Americans, no matter their political affiliation, gender or ethnic background.
"Dr. Rice has been singled out for persecution by a handful of bigoted liberals who have characterized her as a steppin and fetchin sambo," said Kellman, adding that he believes "they feel threatened and disturbed by the fact that Dr. Rice will soon be the most powerful Black woman in the United States as Secretary of State.", , ,
Read it all- bold emphasis mine.
Via Q and O
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