Building a world of
resilient communities.

MAIN LIST

 

Russia will write off 90 pct of Iraq debt -Putin

THE HAGUE, Nov 25 (Reuters) - Russian President Vladimir Putin said on Thursday that Moscow had committed itself to writing off 90 percent of Iraq's debts, more than the 80 percent of forgiveness agreed by the Paris Club of sovereign debtors.

"In the framework of the Paris Club we have undertaken ... writing off of Iraqi debts to us," Putin told a news conference after a summit with European Union leaders.

"When entering the Paris Club we have obliged ourselves to write off 60 percent plus new agreements, and totally that will amount to 90 pct of writing off Iraqi debt to Russia."

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Degrowth by Designed Disaster?

The degrowth movement has been developed in response to neoliberal reality, …

Requiem for the Imperial City

Might it be time for policymakers to start thinking about ways of trimming …

The Music of Narcissus

Beautiful Narcissus leans over the musical pool. His marvellous ingenuity …

Connecting the Dots the P2P Way

The emerging answer for a new mode of value creation is the re-emergence of …

The Forest Economy: Woodland as New Economy metaphor

As we walked down through this ancient woodland, with its stream, its …

Our Fossil-Fuel Economy Destroys the Earth and Exploits Humanity - Here's the Shift We Need to Be Sustainable

A just transition to a regenerative economy restores our relationship to …

Why the P2P and Commons Movement Must Act Trans-Locally and Trans-Nationally

The only way to achieve systemic change at the planetary level is to build …