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Reparations, Payment in money or materials by a nation defeated in war.
Shashi Tharoor argued for a reparations payment of only £1 – a token acknowledgement of historical fact.
Kuwait has agreed to defer next year's Iraqi reparations payment dating to Saddam Hussein's 1991 invasion, which would reduce Baghdad's costs by $4.6bn, helping compensate for the slump in oil prices and allowing more to spent on building up loyalist forces to combat Isis.
Next Tuesday, the Geneva-based commission awarding compensation to victims of Iraq's invasion of Kuwait in 1990 meets in an atmosphere of crisis because of attempts by France and Russia to block a reparations payment of $15.9 billion to the Kuwait Petroleum Corporation.
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Not long after it was set up the Germans gained a moratorium on their reparations payments.
The reparations payments fall far short of the $360 million requested by the commission.
In 1932 a conference was held in Lausanne to liquidate reparations payments by Germany to the Allied powers.
The weakening western European economy brought down a major bank in Vienna, and Germany defaulted on its reparations payments.
Moreover, under the armistice agreements with Hungary, Rumania, and Finland reparations payments of $300,000,000 from each had been imposed.
Their monthly pensions, combined with German reparations payments and subsidies from Jewish charities, typically came to eight hundred hryvnia a month.
He first served as chancellor from November 1923 until December 1924, during which time his government secured the acceptance of the Dawes Plan for war reparations payments.
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