Aid and Compensation
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SIX BRITISH AID AGENCIES, including Oxfam and the Save the Children Fund, called on the world community to compensate about 40 developing countries whose economies were stung by the Gulf War. Citing a report by the independent Overseas Development Institute, the agencies estimated the direct cost of the conflict to these countries at $12 billion, or from 1% to 25% of their gross national product. Substantial aid has been given to nations directly involved in the war, such as Turkey and Egypt, but many developing countries facing losses have received no help. . . . . FRANCE has decided to RELEASE $1.5 BILLION IN KUWAITI ASSETS that were frozen in August to protect them.
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