BBC uncovers lost Iraq billions

UAE waives billions of Iraqi debt
The UAE says it is cancelling the entire debt owed to it by Iraq, a sum of almost $7bn (£3.5bn) including interest.

Cuba claims massive oil reserves
Cuba's state-owned oil company says it may have more than 20bn barrels of oil in its offshore fields - double previous estimates.

Iraq strikes gas deal with Shell
Iraq agrees to set up a joint venture with Royal Dutch Shell to invest in the country's natural gas reserves.

US budget deficit seen at $438bn
The US budget deficit is expected to hit $4438bn next year, according to estimates from the Congressional Budget Office.

Iraq economic outlook 'improves'
Iraq's economic prospects have improved, thanks to better security, increased oil output and exports, says an IMF review.