1990 oil price shock and prices began to fall. On August 2, 1990, The Republic of Iraq invaded the State of Kuwait, leading to a 7-month occupation of Kuwait and an eventual U.S.-led military intervention. While Iraq officially claimed Kuwait was stealing its oil via slant drilling, its true motives were more complicated and less clear. At the time of the invasion, Iraq owed Kuwait $14 billion of outstanding debt that Kuwait had loaned it during the 1980–1988 Iran–Iraq War. In addition, Iraq felt Kuwait was overproducing oil, lowering prices and hurting Iraqi oil profits in a time of financial stress. In the buildup
Filipinos in Kuwait most expensive overseas servants that can be hired, due to a minimum wage requirement by the Filipino government as well as high costs from recruitment agencies. Minimum monthly wage of a Filipino maid is KWD 110 per month ($365 USD), with an initial recruitment cost of KWD 850 ($2825 USD), with the price varying based on previous experience. Kuwait had the largest number of voters registered under the Overseas Absentee Voting Act eligible to vote in the 2013 Philippine general election. Philippine holidays such as Independence Day, commemorating the Philippine Declaration of Independence, are celebrated in Kuwait. Religious events, such