NEWS ABOUT IRAQ : " IRAQ HAS INTENTION TO ENTER TO THE BRICS SYSTEM", 18 JULY

Report: An expected decision from Baghdad will "end" the dollar globally

Today, Monday (July 17, 2023), the Watcher Guru magazine, concerned with economic affairs, revealed "accelerated steps" by the BRICS economic alliance led by China and Russia to end the "dollar domination" of the international economy, stressing that the world is now awaiting a "decision from Baghdad." 

The magazine stated, according to its report, which was translated by (Baghdad Today), that "the BRICS alliance is now trying to persuade the largest oil countries, the most important of which are" Kuwait, Iran, the UAE and Saudi Arabia "to enter the BRICS alliance instead of the SWIFT system currently used and which is dominated by the US dollar, stressing that" in If Baghdad agrees to use the BRICS system, the rest of the oil-producing countries will follow in its footsteps," according to its description. 

And she added that "during the next BRICS summit, which will be held in August in South Africa, it is expected that the Baghdad government will sign an agreement under which the BRICS system will be used, which will prompt the rest of the oil-producing countries in the region to follow in the footsteps of Iraq." 

The consequences of Baghdad's expected decision, described by the magazine as "will push the US dollar to the brink of the abyss," stressing that "if the BRICS system is used, the US dollar will suffer the biggest blow in its history," according to its description, stressing that "the Iraqi government had previously expressed its desire to enter the BRICS system.

" BRICS as an alternative to the US dollar, according to statements by Iraqi officials who confirmed their intention to rid the Iraqi economy of US control.  LINK