"RV UPDATE" BY SANDY INGRAM & CLARE, 8 OCT

 Sandy Ingram

  This is one of the reasons the IQD investment is stalled.  Article:  "Iraqi Prime Minister to pay official visit to Russia next week"  ...it's all connected.  The Iraqi Prime minister will pay an official visit to Russia on October 10th and 11th...

  Article:  "Iraq to end all dollar cash withdrawals by Jan. 1 2024 -C.bank official"  Breaking news..

.Iraq will bank cash withdrawals and transactions in US dollars as of January 1 2024 in the latest push to curb the misuse of hard currency reserves in financial crimes and the evasion of US sanctions on Iraq....This move aims to stamp out the illicit use of some 50% of the 10 billion US dollars that Iraq imports in cash from New York Federal reserve each year...guys this is major.

Clare 

 Wall Street Journal Article:   "Iraq Asked for $1 Billion in Cash. This Time, Washington Said No."  

Quote:   "Iraq is seeking a special shipment of $1 billion in cash from the Federal Reserve Bank of New York, but U.S. officials have withheld approval, saying the request runs counter to their efforts to rein in Baghdad’s use of dollars and halt illicit cash flows to Iran.  

Since the U.S. invasion of Iraq two decades ago, the U.S. has supplied $10 billion or more a year to Baghdad on semimonthly cargo flights carrying massive pallets of cash, drawn from Iraqi oil sales proceeds deposited at the Fed.

 In Iraqi hands, the bank notes have become a lucrative source of illicit dollars for powerful militias and corrupt politicians, as well as for Iran, U.S. officials say"