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Oil for Food - What's going on?

Dear friends,
It was reported yesterday, both on CNN and on German
State TV that the Oil for food programme has been
suspended after Iraq refused to a shortening of the
time period for which the extension is valid. This
development is to me just as surprising as it is
worrying. Does this now mean that for the time being
even the meagre resources of this aid will be cut off,
leaving the Iraqi people with nothing at all? As I
said this took me completely by surprise and I would
appreciate if anyone could let me know:
1) Is this as serious as it seems ?
2) Is there any chance of a quick solution to the
problem before the flow of aid to Iraq is cut
Peace, Sean

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