THE US TREASURY IS MANIPULATING THE FATE OF THE PEOPLE, 16 AUGUST

 CONCERNING THE DOLLAR CRISIS.. AL-FATEH: THE US TREASURY IS “MANIPULATING” THE FATE OF THE PEOPLE

Today, Saturday, a member of the Al-Fateh Alliance, Ali Al-Zubaidi, accused the US treasury of manipulating the fate of the people by deepening the crisis of the dollar’s ​​high exchange rate in the local market, while stressing that Iraq needs to achieve economic independence away from US hegemony.

Al-Zubaidi said, in an interview with Al-Maalouma Agency, that “there is no fairness in continuing to deposit the country’s money in the US Federal Bank,” noting that “Washington lacks a lot of credibility in the treaties and charters that are agreed upon.”

And he continued, “Iraq will end the dollar crisis if it gets rid of the hegemony imposed by the United States of America on the money for selling oil,” pointing out that “the American treasury continues to manipulate the fate of the people by deepening the crisis of the high exchange rate of the dollar in the local markets.”

Al-Zubaidi went on: “Washington verbally imposes Chapter VII restrictions on Iraq in order to achieve its own interests,” adding that “the country needs to achieve economic independence away from the American hegemony perched on Iraq’s chest in many files.”

(This last statement backs up what I said ealier in my recent past newsletter in that Iraq is “fully” out of Chapter VII. All the US can do now is pretend and continue as if the sanctions are still in effect, which they aren’t. So something has to change and soon.)

Member of Parliament Kazem Al-Touki said, in an interview with Al-Information Agency, that “the measures taken by the Central Bank did not withstand the decisions of the US Treasury regarding the dollar, while he stressed that the sanctions that the US Treasury continues to impose will not allow the stability of the exchange rates of the dollar in the local markets.

(WOW this last statement I underlined says it all. Are we finally getting to the TRUTH as to why the reinstatement has not yet occurred? Like the prophets said that 2023 would be a year of exposure and Iraq is surely having its share of it. Can you now see how POLITICS can affect the RV?)

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PARLIAMENTARY FINANCE: CENTRAL MEASURES FAILED TO CONTROL THE DOLLAR

A member of the Parliamentary Finance Committee, Muhammad Nuri, confirmed, on Saturday, the failure of the central bank to control the exchange rate of the dollar against the Iraqi dinar.

Nuri said in an interview with Al-Maalouma agency, “The gateway to smuggling currency is still continuing by the parties and their banks, with the increase in the sale of the dollar by the Central Bank of Iraq.”

He added that “the central bank’s policy towards the dollar has not succeeded so far,” noting that “the central bank does not have serious and real solutions to control the exchange of the dollar.”

Nuri pointed out that “the dollar file is still outside the control of the Central Bank due to the control of some external and internal parties by the decision of the Central Bank.”

A member of the House of Representatives, Amir Al-Mamouri, confirmed earlier that the currency auction has become a front for draining the dollar and making profits from corrupt money, pointing out that the file to solve the dollar crisis has not made any progress.

(I have already talked about the type of funds allowed paid in dollars that sneak through and why the CBI is allowing them. This is a wrong decision on the part of the CBI, Eventually they will learn to use only EBT cards to fund these types of expenditures. These EBT cards MUST not be redeemable for cash and can be used like a debit card only. They must be issued by the banks inlou of cash. Oh…did I just give you a solution? Why can’t the CBI see it? I have told this solution to my CBI contact in Iraq. I hope they run with it? Let’s see how this idea pans out.

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IRAQI POST PROGRESSES TO THE YELLOW MARK IN THE INTERNATIONAL CLASSIFICATION

The Ministry of Communications announced that the Iraqi Post has progressed from the red mark to the yellow one in the classification of the Universal Postal Union.

A statement by the ministry, received by Al-Masalla, stated that the Iraqi Postal Service, with direct support from the Minister of Communications, Hayam Al-Yasiri, was able to change its classification in the Universal Postal Union’s monthly compliance panel from the red mark to the yellow mark during the past few months.

He added: As the plan indicated an increase and change in the performance of the mail in terms of processing speed and complete collection of customer information, through the obligation to send the contents stipulated by customs and mail.

(yet just more positive progress for Iraq moving in to the 21st century )