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View Full Version : IRAQ IS AN OIL COW, WHO IS GONNA OWN the COW soon ?


Delta
01-14-2003, 11:47 PM
I thought this article would be interesting.

http://www.washingtonpost.com/wp-dyn/articles/A23566-2002Nov21.html

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Like his father during the run-up to the 1991 Persian Gulf War, President Bush is using the lure of money and political respect to persuade a reluctant Russia not to stand in the way of a U.S.-led war with Iraq.

Russian officials say they have reached an understanding with the Bush administration on Russia's economic interests in Iraq, including concerns about the plummeting price of oil as a result of an Iraqi oil boom should President Saddam Hussein be overthrown. While vigorously denying that there has been a specific agreement, U.S. officials say they are aware of Russian concerns and are taking them into account in planning for a post-Hussein Iraq.

"We understand that Russia has got interests there, as do other countries," Bush told the independent Russian television station NTV in an interview broadcast last night. "And of course those interests will be honored."