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airbornescout10

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  1. Airbornescout10 from Las Vegas..I enjoy the chat room and have never recieved any warnings or complaints on or by the moderators...I enjoy rock hounding, outdoors, hiking, fishing hunting etc..I am a 10 point veteran of the Viet Nam war..My son Jack is going to Afganistan in January to serve our country...I now appologize if I have ever offended anyone at anytime...I also reguard Bumper as my friend,,,I thank you very much..Airbornescout10@yahoo.com...
  2. says China agrees to forgive 80 pct of debt Iraq says China agrees to forgive 80 pct of debt Reuters - [11/10/2009] China has agreed to forgive 80 percent of $8.47 billion in debt owed by Iraq, sealing a preliminary deal struck more than two years ago, Iraqi officials said on Tuesday. The agreement comes as China's imports of Iraqi crude rise and Chinese oil firms like CNPC eye contracts to develop Iraq's vast oil reserves as the world's 11th largest oil producer emerges from years of war and sectarian bloodshed. 'We have agreed the terms of the deal, which will be signed by the finance minister at another meeting,' said Hassan al-Haidari, a central bank adviser. China said in June 2007 it would cancel Iraq's debt owed to the Chinese government, without disclosing the amount involved. Haidari said the deal was similar to accords reached with the Paris Club of creditor nations that has called for the cancellation of 80 percent of debt from the Saddam Hussein-era. China is one of the largest outstanding creditors to Iraq alongside Saudi Arabia and Kuwait. Iraqi finance officials agreed the terms in Beijing this month, and the final agreement will be signed in December, the finance ministry said in a statement. The deal forgives debt owed to Chinese government companies, the advisor said. It is expected to encourage Chinese firms to participate in rebuilding Iraq, but companies would not get preferential treatment on investment bids as a result, he said. CNPC, along with British partner BP Plc ( BP - news - people ), earlier this month signed Iraq's first major oil deal since the U.S. invasion in 2003, snapping up a contract to develop the Rumaila oilfield.
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