SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (78931)11/14/2000 10:00:23 AM
From: Terry D  Respond to of 95453
 
Iraq chipping away at sanctions

UNITED NATIONS (AP) - With help from Russia, France and the Arab world, Iraq has ended a de facto air travel embargo. Now it's chipping away at 10-year-old U.N. economic sanctions and seeking more control over its oil riches. Baghdad's high-profile campaign to end its long diplomatic isolation appears to be gaining momentum. Long-closed borders with Jordan and Saudi Arabia are opening up to U.N.-approved goods. Dozens of businessmen, officials, scientists, artists and athletes have traveled to Iraq for the first time since its 1990 invasion of Kuwait. Baghdad demanded - and is getting - payment for oil sales in euros instead U.S. dollars, the hated currency of an enemy state. The response from the United States, which is publicly committed to ousting strongman Saddam Hussein, has been muted - something diplomats and analysts have attributed to a lack of desire in the Clinton administration to create an Iraq crisis during the presidential campaign. But they don't expect changes in the wake of the election. That's mainly because Washington's hard-line strategy to isolate and punish Iraq has almost no support at the United Nations and has been undermined by events on the ground, said David Malone, president of the International Peace Academy, a New York think tank.