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Japan pledges $530 mil in loans to Iraq


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© 2012 AFP

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Just as long as the Yanks keep their nose out of it. They were the ones to bring the country to ruin.

-7 ( +0 / -7 )

AAAAHHHHHH that's where the money went, sorry Fukishima children oil is more important.

1 ( +2 / -1 )

More money down the "S" bends! Pff! They better give some oil in return!

0 ( +0 / -0 )

The total value of the projects will amount to 160 billion yen and the main contractors will be Japanese companies

So they are loans, not grants, and the main beneficiaries will be Japanese companies. Sounds like a disbursement of ODA with the home country first and foremost in mind. (Not that the Japanese are the only ones doing this, though.)

1 ( +1 / -0 )

What's the interest on these loans?

0 ( +0 / -0 )

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