In the end, last Thursday’s and Friday’s Madrid Iraqi Donors’ Conference seems to have turned out better than expected. The coverage in Denmark’s Politiken (Japan Gives Iraq $5 Billion) gives a final verdict that is middle-of-the-road: yes, donor countries “reached deeper into their pockets than had seemed would be the case even hours before the conference closed.” (As the headline recounts, Japan upped its contribution during the course of the conference, ultimately offering a soft loan of $3.5 billion, and an outright grant of $1.5 billion.) On the other hand, Politiken still calls the results disappointing for the Americans, who had hoped to call forth much more money than the result of $18 billion to add to the ca. $20 billion that the US Congress approved (half of it a loan). On yet another hand, the article points out, for a long time there were doubts whether there would even be enough support to hold the conference in the first place.
Overall, the world’s press has plenty in the results of the Madrid Conference to see either a glass half-full or half-empty, according to the given newspaper’s (and/or its journalist’s) inclination or political stance. It’s rather more refreshing to come across a piece of commentary on these happenings which is willing to put them into a wider context, even if it turns out to be a very anti-Coalition one. This is what we have in the article in the Danish commentary newspaper Information entitled A New Iraq. (more…)