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Iraq's Foreign Debt Subject of Debate

Some lawyers and economists estimate that Iraq's foreign debt tops $100 billion. Some economists say much of the debt should be forgiven so Iraqis can rebuild their nation all the faster. But creditor-nations likely would balk at sweeping debt forgiveness. NPR's Scott Horsley reports.

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Morning EditionAll Things Considered
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.