Sunday May 27, 2012

JAPAN NEWS AND DISCUSSION

Japan pledges $530 mil in loans to Iraq

Politics Feb. 25, 2012 - 07:00AM JST ( 5 )

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VicMOsakaFeb. 25, 2012 - 08:30AM JST

Just as long as the Yanks keep their nose out of it. They were the ones to bring the country to ruin.
1

CrickyFeb. 25, 2012 - 09:26AM JST

AAAAHHHHHH that's where the money went, sorry Fukishima children oil is more important.
0

Yukio MishimaFeb. 25, 2012 - 03:27PM JST

More money down the "S" bends! Pff! They better give some oil in return!
1

Patrick HattmanFeb. 26, 2012 - 10:05AM JST

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.)
0

SerranoFeb. 28, 2012 - 05:46PM JST

What's the interest on these loans?