Thursday, January 27, 2011

1-27-11 UN reparations panel for invasion of Kuwait pays out $680 million

Highlights/Thoughts
Click on the title of this posting to get the details of this chat

1. UN commission made $680 mil available to nine successful claimants
2. Total disbursed to individuals, corporations, governments and international organizations is nearly $31.4 bil
3. $21 bil remains owing to Kuwait
4. The vast majority of funds comes from the the sale of Iraqi oil under the Oil-for-Food program

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