$12bn vanishes in Iraq

$12 billion (or about €10 bn / £6bn).

It’s a sickening number. Particularly when you read this is the amount the US threw at Iraq (or flew in by the pallet-load, to be more accurate).

This amount of money would more than pay for 20 state-of-the-art 400 or 500-bed hospitals.

In the context of the current situation in the country, it really beggars belief that someone somewhere took this insane decision.