Ian Bach

Viewing conflicts through the eye of Counterinsurgency COIN – Since 2007

Saudi Arabia Agrees to Write Off 80 Percent of Iraqi Debt

By Steven Mufson and Robin Wright

Washington Post Staff Writers
Wednesday, April 18, 2007; Page A18

Saudi Arabia has agreed to forgive 80 percent of the more than $15 billion that Iraq owes the kingdom, Iraqi and Saudi officials said yesterday, a major step given Saudi reluctance to provide financial assistance to the Shiite-dominated government in Baghdad.

But Iraqi Finance Minister Bayan Jabr said in an interview that Russia was holding out on debt forgiveness until talks begin on concessions that Russian oil and gas companies had under Saddam Hussein. Russian Embassy officials in Washington declined to comment late yesterday….

“Full Article here”

About Ian Bach

Independent Online Terrorist Hunter I teach people how to hunt down and shut down the Bad guys web sites. I also teach about the various countries and cultures. Like most cases it is a small group of bsd eggs that in this case call themselves Muslims but in actual fact they are more like how KKK call themselves ",True Christisians". But in both cases / groups they preach a perverted and twisted view a religion. In the case of ISIS, all Qaeda, al Nusra, and the rest of the terrorists who claim to be true Muslims most of these groups follow the Wahhabi teachings. They are almost all Sunni and their goal is global domination. Yet they must be very bad at math and history. Since most Muslims prefer a separation of church and state and also mist are against Shari's Law. Esp the twisted and overly exaggerated form of Sharia Law that the Wahhabi and other bad guys use. I have studied terrorism, insurgencies, and the best tried and proven methods that work to fight terrorism. My Blogs have many links and articles that can show you who are the best and most knowledgeable people in the fields or counterinsurgency and counter terrorism. When I find great practitioner's I always listen to them to find out who they learned from and who they respect and admire. Thus I am always learning new stuff from the best and most successful in their fields of knoeledge. I strive to be an open and ethical source of information, I have met many awesome, kind, caring, and loving wonderful people many who I am close friends with now from Afghanistan, Iraq, Syria, Turkey, Iran, and many from S.E. Asia which also has a high percent of their populations that are Muslim.We must always strive to be aware people are not any one particular religion via that's what they chose to be, instead most people are a particular religion because that's what their parents and/or county is. I was raised Catholic but because I became Interested in magic ,(illusion - smoke n mirrors) and science which lead me to study many religions, and I would call myself an atheist. Yet sometimes when I lose my keys ZI find myself praying "Hail Marys" and a few "Our Fathers" which most always aides me in finding my keys. My belief is that if I just frantically look around for my krys, good luck it takes me for ever. But by saying these prayers it is like s sort of meditation and my mind becomes more calm, which is why it helps my find my keys.

2 comments on “Saudi Arabia Agrees to Write Off 80 Percent of Iraqi Debt

  1. Ian Bach
    April 18, 2007

    I added a link to the full article. The US and many other countries have forgive all or percentages of Iraqs debt.

    This helps a LOT!!

    First it improves ASAP the economy and will help the problem of inflation they currently have had. Also it makes it so Iraq can get new loans to help rebuild infastructure and military and police.

    The fact that Saudi Arabia is doing this is evry significant. The saudi royal family is currently working hard to curb radical islam. However in saudi arabi there is many radical islamic groups that wish to overthrow the government/royal family. Bin Laden is a member of the family BUT the family has dis owened him so to speak. Bin laden is the son of a Maid? or a lessor wife I forget but he was never a real part of the family and bin laden hates that. he wants to be someone but he is only a terrorist.

    there is a lot to know about the situation to be able to really understand it and other things happening atm. Unfortuantly most of us don’t get much real info…


  2. Ian Bach
    June 6, 2007


    Do you feel this will be helpful or not? I can think of several pros and cons to the situation. And, my only hope is that this will help in the recovery of a stable government in Iraq. Heavy debt load was part of the failure after WWI in Germany that led to the rise of Hitler. We can only hope and pray.. that this will have a stablizing impact upon the nation!

    Wednesday April 18, 2007 – 11:24am (CDT


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This entry was posted on April 18, 2007 by in Uncategorized.
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