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Updated: June 16, 2025
It aspires to secure its oil contracts in Iraq worth tens of billions of dollars and the repayment of $9 billion in old debts by the postbellum government. It seeks pledges that the oil market will not be flooded by a penurious Iraq. It desires a free hand in Ukraine, Armenia and Uzbekistan, among others.
Son came back to father, brother to brother, neighbor to neighbor; political disabilities were removed and the sundered threads, unravelled by the war, were knitted together fast. That is why the postbellum terrors of reconstruction were practically unknown in the State.
The generally accepted political belief that China was not financially strong enough to build a new fleet and that Japan, supposedly on the very verge of bankruptcy, could not possibly carry out her postbellum programme, was found to have rested on empty phrases employed by the press on both sides of the ocean merely for the sake of running a story.
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