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> Of the $2 billion in oil Iraq now sells every six months, it > receives $1.32 billion for humanitarian supplies. The > remaining $700 million is earmarked for reparations to 1991 > Gulf War victims and for U.N. running costs in Iraq. I don't think that this is correct. Under S/RES/986 ("food for oil") an escrow account is established to hold the proceeds of Iraqi oil sales. 30% of the proceeds are immediately channeled to the Compensation Fund (there is a sub-account that allows humanitarian donations not to be subject to that same 30% tax). The remainder is a sort of consolidated revenue fund used to run UN programmes, including food purchases. Therefore, under the old deal, $700 million goes to the Compensation Fund but NOT to UN running costs; those come out of the remainder. Colin Rowat King's College Cambridge CB2 1ST tel: +44 (0)468 056 984 England fax: +44 (0)1223 335 219