Russia - a generous soul - October 15, 2008

The global economy rules igry15-10-2008 Russia - a generous soul - October 15, 2008 Russia writes off the debts of the poorest countries and spending billions of dollars to rescue a distant Iceland. At the same time inside the country whole industries suffocate from a lack of money. What is the meaning of the actions of the Russian government? Russia is currently considering the possibility of full cancellation of debts of the poorest countries that do not fall under the criteria for official development assistance. Surrounding the government's plans envisage cancellation of debts worth $ 750 million in total over the past two years Russia has written off debts of poor countries about $ 10 billion Also this year our country has "settled" Iraq's debt - debt "revised" as much as $ 12.9 billion As a thank you, the Iraqi government squeezes the Russian oil companies out of Iraq in favor of corporations from the U.S. and the UK. Something else about 4 billion euros Russia will give Iceland a loan. Today the delegation headed by officials of the Central Bank of Iceland has arrived in our country to negotiate for assistance. For this icebound island, lost between the U.S. and Europe, Russia remained the only hope for salvation from complete economic collapse.