handbooksuggest

Thursday, October 28, 2004

 

Why is war-torn Iraq giving $190,000 to Toys R Us?

`On October 21, Iraq will pay $200m in war reparations to some of the richest countries and corporations in the world. [..]

Here is a small sample of who has been getting “reparation” awards from Iraq: Halliburton ($18m), Bechtel ($7m), Mobil ($2.3m), Shell ($1.6m), Nestlé ($2.6m), Pepsi ($3.8m), Philip Morris ($1.3m), Sheraton ($11m), Kentucky Fried Chicken ($321,000) and Toys R Us ($189,449). In the vast majority of cases, these corporations did not claim that Saddam’s forces damaged their property in Kuwait – only that they “lost profits” or, in the case of American Express, experienced a “decline in business” because of the invasion and occupation of Kuwait.’




Leave a Reply

help