Posts Tagged ‘Iraq’

The 3 Trillion dollar war

Thursday, February 28th, 2008 by Andy

A British soldier stands guard in a location south of Basra, Iraq, in April 2003. Photograph: Dan ChungSome interesting figures trying to asses the true cost of the war in the middle east are starting to surface and make for interesting and disturbing reading:

Full article here

$16bn
The amount the US spends on the monthly running costs of the wars in Iraq and Afghanistan – on top of regular defence spending
$138
The amount paid by every US household every month towards the current operating costs of the war
$19.3bn
The amount Halliburton has received in single-source contracts for work in Iraq
$25bn
The annual cost to the US of the rising price of oil, itself a consequence of the war
$3 trillion
A conservative estimate of the true cost – to America alone – of Bush’s Iraq adventure. The rest of the world, including Britain, will shoulder about the same amount again
$5bn
Cost of 10 days’ fighting in Iraq
$1 trillion
The interest America will have paid by 2017 on the money borrowed to finance the war
3%
The average drop in income of 13 African countries – a direct result of the rise in oil prices. This drop has more than offset the recent increase in foreign aid to Africa