Governments count cost of war in Iraq


SINGAPORE: From a request by US President George W. Bush for US$75bil in emergency funding to the postponement by South Korea of a US$1bil bond, governments around the world are starting to count the cost of the war in Iraq. 

As early market euphoria over a swift victory faded, an Australian central bank board member said yesterday the US led-war to oust Iraqi President Saddam Hussein could sap the strength of the global economy for years to come. 

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