Author: Jeremy R. Hammond

U.S. Would Control Profits from Iraqi Oil Exports Under Agreement

The terms of the status of forces agreement would effectively allow the U.S. to continue to control billions of dollars of proceeds from the sale of exported Iraqi oil held in the Federal Reserve Bank of New York. It also contains numerous loopholes that could allow the continuing long-term presence of U.S. military forces and would effectively maintain U.S. jurisdiction over crimes committed by American soldiers.

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An Israeli Shift Towards Withdrawal?

Last month, Israeli Prime Minister Ehud Olmert said in an interview that Israel must withdraw from the occupied territories. A closer look, however, reveals that his remarks are not anything dramatically different from what other Israeli leaders have said. Nor is it any consideration for international law or concern about the rights of the Palestinian people that is driving any potential shift in Israeli policy.

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