UN panel pays out another $1.3bn for Kuwait invasion victims January 24, 2013 - 14:17 AMT PanARMENIAN.Net - The UN panel that settles claims for damages from victims of Iraq's 1990 invasion of Kuwait has paid out another $1.3 billion — bringing the total so far to $40.1 billion. The UN Compensation Commission did not disclose the identities of the claimants on Thursday, Jan 24, but said the money goes toward settling two claims for damages to Kuwait's oil fields, as well as production and sales losses. The Geneva-based commission was established by the UN Security Council in 1991 and is funded by a 5 percent tax on the export of Iraqi oil. It has approved $52.4 billion in total compensation to more than 100 governments and international organizations, and makes payments every three months.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
