Iraq’s foreign minister says “there is a new world now” because of the global financial crisis and he hopes it won’t lead to an immediate withdrawal of the 146,000 US troops in his country.
In an interview, Iraqi Foreign Minister Hoshyar Zebari said a precipitous withdrawal could have consequences for the country and the region that everyone would regret afterward.
Zebari was scheduled to meet yesterday with US Secretary of State Condoleezza Rice in New York, where he was attending the UN General Assembly’s annual ministerial meeting.
He said he didn’t have any indications that the US administration was thinking about pushing for a speedier exit from Iraq, where it has spent more than US$550 billion, because of the financial meltdown.
“But this is the logic of the dance,” Zebari said on Friday. “Nobody anticipated this major crisis, and still there are ongoing efforts to overcome it, to contain its impact, bail out some of these companies with a huge infusion of cash. But the crisis is evident everywhere.”
“This has nothing to do with liking this administration or that administration, or this president or that president, something has landed uninvited,” he said. “I think there is a new world now after this crisis, and one has to be realistic about changes in attitudes and policies due to this huge crisis that has affected the world economy.”
US President George W. Bush’s administration is seeking a US$700 billion bailout — the largest in US history — which has raised widespread concern in Congress and fears that the US is on the verge of a major recession.
Asked whether he was concerned that the financial crisis might lead the US government to push for a speedier exit than Iraq might want, as a cost-saving measure, Zebari said: “I don’t know.”
“We hope it would not have a dramatic impact to cause ... drastic and calculated decisions that everybody would regret afterwards,” he said.
By drastic and calculated, was he referring to an immediate withdrawal?
“Exactly, immediate precipitous withdrawal irrespective of any consequences,” Zebari said. “I think there [are] high stakes for everybody involved in the region, that every administration will take account of.”
Iraq’s top diplomat said the government still hoped to sign a long-term security pact with Washington before the US presidential election on Nov. 4.
“We are talking, the Iraqi and American side, and I think the draft agreement is almost done. What needs to be done is some political decisions by the leadership,” Zebari said.
“The window time is closing because we were hoping to get this agreement by the end of July and now we are in September. We haven’t given up hope at all, but really still there is no final agreement,” he said.
The proposed agreement, which has been under negotiation for most of this year, would replace the UN mandate. Any agreement must be ratified by the Iraqi parliament.
The main sticking points include Iraqi objections to blanket immunity for US troops and private contractors and demands for oversight over US forces during raids and detentions.
DEBT BREAK: Friedrich Merz has vowed to do ‘whatever it takes’ to free up more money for defense and infrastructure at a time of growing geopolitical uncertainty Germany’s likely next leader Friedrich Merz was set yesterday to defend his unprecedented plans to massively ramp up defense and infrastructure spending in the Bundestag as lawmakers begin debating the proposals. Merz unveiled the plans last week, vowing his center-right Christian Democratic Union (CDU)/Christian Social Union (CSU) bloc and the center-left Social Democratic Party (SPD) — in talks to form a coalition after last month’s elections — would quickly push them through before the end of the current legislature. Fraying Europe-US ties under US President Donald Trump have fueled calls for Germany, long dependent on the US security umbrella, to quickly
RARE EVENT: While some cultures have a negative view of eclipses, others see them as a chance to show how people can work together, a scientist said Stargazers across a swathe of the world marveled at a dramatic red “Blood Moon” during a rare total lunar eclipse in the early hours of yesterday morning. The celestial spectacle was visible in the Americas and Pacific and Atlantic oceans, as well as in the westernmost parts of Europe and Africa. The phenomenon happens when the sun, Earth and moon line up, causing our planet to cast a giant shadow across its satellite. But as the Earth’s shadow crept across the moon, it did not entirely blot out its white glow — instead the moon glowed a reddish color. This is because the
Romania’s electoral commission on Saturday excluded a second far-right hopeful, Diana Sosoaca, from May’s presidential election, amid rising tension in the run-up to the May rerun of the poll. Earlier this month, Romania’s Central Electoral Bureau barred Calin Georgescu, an independent who was polling at about 40 percent ahead of the rerun election. Georgescu, a fierce EU and NATO critic, shot to prominence in November last year when he unexpectedly topped a first round of presidential voting. However, Romania’s constitutional court annulled the election after claims of Russian interference and a “massive” social media promotion in his favor. On Saturday, an electoral commission statement
Chinese authorities increased pressure on CK Hutchison Holdings Ltd over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking the deal. The Hong Kong and Macau Affairs Office on Saturday reposted a commentary originally published in Ta Kung Pao, saying the planned sale of the ports by the Hong Kong company had triggered deep concerns among Chinese people and questioned whether the deal was harming China and aiding evil. “Why were so many important ports transferred to ill-intentioned US forces so easily? What kind of political calculations are hidden in the so-called commercial behavior on the