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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Kuwait agree to Iraq's request to postpone the payment of compensation

    wciappetta
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    Kuwait agree to Iraq's request to postpone the payment of compensation Empty Kuwait agree to Iraq's request to postpone the payment of compensation

    Post by wciappetta Thu 18 Dec 2014, 8:07 am


    Kuwait agree to Iraq's request to postpone the payment of compensation



    12/18/2014 10:06 GMT

    Follow-up - and babysit - announced that the State of Kuwait, on Thursday, agreeing to Iraq's request to postpone the payment of the last batch of Gulf War reparations, as pointed out that the demand will be discussed tomorrow in Geneva by the International Commission responsible for compensation for a decision.

    The agent said the Kuwaiti Ministry of Foreign Affairs Khaled Al-Jarallah said in a statement reported by the Kuwaiti news agency "KUNA", "The Kuwait accepted and responded to the request of Iraq on compensation imposed by the Security Council of the State of Kuwait," noting that it "will be discussed demand tomorrow in Geneva by the International Committee responsible for compensation for a decision. "

    Jarallah said that "the brothers in Iraq filed the request formally and individually, Kuwait accepted and responded to this request and will discuss tomorrow in Geneva,"
     PSC / h


    http://alrayy.com/129227.htm
    CITEX
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    Kuwait agree to Iraq's request to postpone the payment of compensation Empty Re: Kuwait agree to Iraq's request to postpone the payment of compensation

    Post by CITEX Thu 18 Dec 2014, 9:09 am

    things are definitely feeling very different, seems like all of the issues we read about and heard about for so many years now are all beginning to have some nice bows wrapped around them..
    Great Article!!
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    Kuwait agree to Iraq's request to postpone the payment of compensation Empty Re: Kuwait agree to Iraq's request to postpone the payment of compensation

    Post by weslin3 Thu 18 Dec 2014, 9:18 am

    Jarallah said that "the brothers in Iraq filed the request formally and individually, Kuwait accepted and responded to this request and will discuss tomorrow in Geneva,"


    Healing has begun...On our way to progress.
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    Kuwait agree to Iraq's request to postpone the payment of compensation Empty Re: Kuwait agree to Iraq's request to postpone the payment of compensation

    Post by lonelyintexas Thu 18 Dec 2014, 9:53 am

    [size=32]U.N. defers Iraq's $4.6 billion Gulf War reparations to Kuwait[/size]

    December 18, 2014 Reuters – 3 hours ago

    By Stephanie Nebehay

    GENEVA (Reuters) - The United Nations Gulf War compensation fund agreed on Thursday to defer Iraq's requirement to deposit five percent of its oil revenues for a year due to its budgetary difficulties, a senior U.N. official said.

    Major powers on the fund's ruling body took the decision by consensus as Iraq's economy is being battered by both low oil prices and war with Islamic State militants.

    "The Governing Council adopted a decision agreeing to a postponement of Iraq's requirement to deposit five percent of oil proceeds until 1 January, 2016," Leah Kraft, legal officer of the U.N. Compensation Commission (UNCC), told Reuters.

    Speaking after the closed-door session in Geneva, she added: "The Council expressed its solidarity with Iraq and wanted to be as helpful as possible."

    Iraq this week requested a one-year deferral of a $4.6 billion (2.93 billion pounds) reparations payment for destroying Kuwait's oil facilities during its 1990-91 occupation.

    Earlier on Thursday, state news agency KUNA reported that Kuwait said it accepted the Iraqi request related to reparations imposed by the U.N. Security Council over its invasion.

    The UNCC's Governing Council emphasised to Iraq's delegation "the importance of paying the outstanding compensation in full and in a timely manner", Kraft said.

    Khaled Ahmed Al-Mudhaf, chairman of Kuwait compensation authority, led the emirate's delegation. Iraq's delegation was headed by Mohammad Bidan, a senior foreign ministry official.

    Iraq has been paying funds regularly into the Geneva-based fund overseeing compensation for looting and damage inflicted during Saddam Hussein's seven-month occupation of Kuwait, which was ended by a multinational military operation.

    But with its economy set to shrink for the first time since the 2003 U.S.-led invasion toppled Saddam and ended more than a decade of sanctions, Iraq can ill afford to divert a large chunk of the 2015 budget to make that last payment due next year.

    The last, and largest, outstanding compensation claim for $4.6 billion is from Kuwait for damage to its oil facilities.

    More than 700 Kuwaiti oil wells were set on fire by Iraqi troops retreating from the U.S.-led operation Desert Storm to recapture it in January 1991. Some burned for 10 months.

    Nearly all of Iraq's $52.4 billion reparations bill has been paid, with more than a million claimants - individuals, companies and governments - receiving compensation.

    (Reporting by Stephanie Nebehay; Editing by Angus MacSwan)

     

    https://uk.news.yahoo.com/u-n-defers-iraqs-4-6-billion-gulf-121121887.html#tWfBxo3
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    Kuwait agree to Iraq's request to postpone the payment of compensation Empty Re: Kuwait agree to Iraq's request to postpone the payment of compensation

    Post by wciappetta Thu 18 Dec 2014, 9:59 am

    That's what I call cooperation ...


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    Kuwait agree to Iraq's request to postpone the payment of compensation Empty Re: Kuwait agree to Iraq's request to postpone the payment of compensation

    Post by CITEX Thu 18 Dec 2014, 10:08 am

    With the whole ISIS thing going on in Iraq I am sure Kuwait wants no part of that group actually succeeding right next door to them... Very good to see Kuwait open to what ever they can do to help Iraq.

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