Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?

To: The Philosopher who wrote (7901)	3/9/2004 9:27:28 PM
From: Brumar89	Respond to of 20773

You may be right that Iraq will ultimately honor most of the contracts Saddam signed in exchange for debt forgiveness. Frankly, I don't care which companies develop the Iraqi reserves. The world benefits from the development - which company does it matters little except to that particular company. OTOH the Russian/French companies, if they get their development contracts upheld, may opt to seek other big partners because the capital requirements will be large. Iraq does need outside help IMO. Saddam had been taking money out of the industry and under-investing for decades. ..US involvement will continue to draw terrorist attacks in a way French and Russian won't.. I don't know about that. Russia has its own Islamic conflict. Even French have been targets of Islamic terror groups.