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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (111921)8/18/2003 5:39:58 PM
From: John Carragher  Read Replies (1) | Respond to of 281500
 
there was something about Japan two weeks ago sending peace keeping troops to Iraq.. It caused a big fight in their assembly or congress... This will be the first time since WW2 that Japan troops went to another country to help out in peace cause.. I believe that is how it went.. and many in their gov. do not agree with sending them...



To: michael97123 who wrote (111921)8/18/2003 6:48:47 PM
From: KyrosL  Read Replies (2) | Respond to of 281500
 
The inability of Iraq to get its oil output anywhere near pre-war levels is seriously affecting oil prices, which are stuck above $30 for months now. The plan was that Iraq would be producing more than it did before the war, and that oil would be $20 or so by now. Lamentably, like most pre-war plans related to Iraq, events did not follow the plan.

The difference between $30 and $20 oil means that it costs the US an extra $100 million per day for imported oil. So, the true costs of the war in Iraq are closer to $7 billion a month -- excluding the dead and injured GIs.

It seems to me that Germany and Japan, who import all their oil (unlike the US), have a great economic interest to see Iraqi oil production restored ASAP, so my guess is that their gesture is not entirely altruistic.