Friday, February 2, 2024

“Dangerous” goals.. What are the reasons for changing Washington’s ambassador to Baghdad at the present time?, 2 FEB

 “Dangerous” goals.. What are the reasons for changing Washington’s ambassador to Baghdad at the present time?

Information/private..
Today, Thursday, a senior government source in the Ministry of Foreign Affairs revealed the reasons for changing the American ambassador to Baghdad at the present time, while confirming that the Iraq file was transferred from the US State Department to the CIA and the Pentagon.

The source said, in an interview with the Al-Ma’louma Agency, “The American administration worked to change the American ambassador to Baghdad, Elena Romanowski, and at this particular time, due to a number of reasons, especially since the replacement was appointed (extraordinarily).”

He added, “One of the main reasons for changing the US ambassador to Baghdad is due to transferring Iraq’s security and political file to the CIA and the Pentagon.”

The source (who preferred not to reveal his name) explained that “taking this step is not in vain, but rather to achieve goals, most notably the demonization of the Popular Mobilization Forces, and the attempt to cast doubt on it on the security front,” noting that “the other goal is the most dangerous, as it represents the movement of ISIS sleeper cells in Iraq.”

He stated, “The Pentagon will also work to create electronic armies and try to put pressure around the Iraqi negotiator, in order to stay as long as possible in the country,” pointing out that “the other thing that Washington is working on is complete control over the Iraqi oil file, and monitoring Iraq’s money.”

Earlier, US President Joe Biden nominated Recy Ann Jacobson; For the position of Ambassador Extraordinary and United States Commissioner to Iraq, replacing Elena Romanowski.

The Iraqi government had previously announced the start of bilateral discussions with the American side to try to schedule the removal of foreign forces from the country, especially after the repeated attacks on the security forces and the Popular Mobilization Forces.

almaalomah.me

"RV UPDATE" BY GOLDILOCKS, 2 FEB

 GOLDILOCKS

Saudi Arabia Officially Becomes a BRICS Member

During its 2023 annual summit, it announced its first expansion effort since 2001, when it introduced South Africa. Specifically, the alliance had invited six different countries from across the globe.   1 hour ago     Watcher Guru

👆Uh Oh Dollar

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US Fed Meet Live Updates: Powell-led FOMC keeps key rates unchanged at 5.25-5.50% for 4th straight meeting.
Jerome Powell

This week, history was made. When Saudi Arabia joined the BRICS System, we began the process of moving from a Petro Dollar to a Digital Dollar economy.
© Goldilocks

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FOMC Press Conference January 31, 2024

https://www.youtube.com/live/poHpPUUOfkg?feature=shared


"IRAQ'S POTENTIAL DINAR REDENOMINATION READY TO EXCHANGE RATE"/iraqi din...

Sudanese Advisor: The 2024 budget is in a state of balance and stability and carries some surpluses, 2 FEB

 Sudanese Advisor: The 2024 budget is in a state of balance and stability and carries some surpluses

Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed today, Thursday, that the future outlook for the financial situation in Iraq is stable, while indicating that oil market indicators are still more than 10% above the price specified in the budget until now.

Saleh told the official agency, and Al-Mutla’ followed him, that: “The federal general budget for the year 2024 is still stable, with an expenditure ceiling of approximately 199 trillion Iraqi dinars and allocations in investment expenditures exceeding 25 percent of the total expenditure ceiling, and oil exports are stable at their rates set at approximately Approximately 3.4 million barrels of oil per day, and the price of a barrel for the purposes of calculating budget revenues from exported oil is $70 per barrel,” pointing out that “oil market indicators are still more than the price specified in the budget by more than 10% until the moment.”

He added, “Energy market expectations lead to an increase in the needs of continued demand for crude oil in general,” noting that “the future outlook on Iraq’s financial situation is stable.”

He pointed out that “there is high stability as we enter the second month of the current year, which indicates that the budget is in balance and carries some surpluses, so the situation is stable, good and sound.”

almutalee.com

"RV UPDATE" BY FNU LNU, 2 FEB

  Fnu Lnu 

 They do not have a massive amount of Dinar with which to deal. Small incremental increases of value over time will guarantee failure and all the many billions of dollars spent, and man-hours wasted will for naught. It is more likely they will come out high on the exchange rate and let it fall until it finds equilibrium instead of creeping upwards in 2% measures every 90 days over decades.  Meanwhile everyone loses faith in the GOI, riots, and starves to death. Small increments over time makes absolutely no sense and is illogical.

 Article:  "The Central Bank of Iraq announced the approval from the US Federal Reserve to supply dollar cash in 2024, as part of efforts to stabilize the Iraqi economy and its currency ." 

 Quote: "The decision came after officials from the Central Bank of  Iraq held a meeting with representatives from the Fed and the US Treasury in Dubai. "  As of  last Thursday, the official market recorded an exchange rate of 1,296 dinars per dollar.  It appears the UST is helping Iraq to stabilize.

 The Dubai meetings concluded with praise for the bank's strategies in reducing dollar transactions in the local market.  Iraq could end the parallel market activity by simply revaluing the Dinar above one USD and the black market activity would come to a screeching halt.  

So why haven’t theyAre they stalling for some reason?

Vietnam Dong New rate update against USD 🔥 Dong today Exchange rates

An Economic Expert Recalls The Fate Of Saddam Hussein And Gaddafi After Iraq Decided To Sell Oil For Something Other Than The Dollar, 2 FEB

 An Economic Expert Recalls The Fate Of Saddam Hussein And Gaddafi After Iraq Decided To Sell Oil For Something Other Than The Dollar

Earth News/ Economist Nabil Al-Marsoumi recalled the fate of both former regime president Saddam Hussein and Libyan President Muammar Gaddafi, after Iraq moved towards selling oil for prices other than the dollar.

Al-Marsoumi stated, “In 1973, King Faisal of Saudi Arabia agreed to accept the dollar as the sole currency to buy oil in exchange for America providing military protection for Saudi oil fields, and in 1975 the other OPEC countries agreed to price oil in dollars only, and America succeeded in this deal by linking the dollar to oil instead of gold.” “.

He added, “This deal forced all oil-importing countries to create a fixed supply of dollars to buy oil, and therefore these countries were forced to export goods to America, and in return, America provides them with dollars that will only cost them the cost of printing them, and from here a new system began that maintains American dominance over the financial system.” The global name is the petro-dollar. Dollars leave America and anything America needs comes to it. As a result, the United States became very rich, and this process did not lead to inflation because the countries of the world constantly need dollars to buy oil and participate in international trade. Therefore, those dollars remained outside America, after the dollar was linked. With oil, America can spend more money on its military forces, which have become the first in the world.”

Al-Marsoumi explained, “In 2000, Iraq announced the beginning of linking Iraqi oil sales to the euro instead of the dollar, which, along with other factors, prompted the United States to overthrow Saddam Hussein’s regime by military force. In 2011, Muammar Gaddafi tried to create a gold currency in Africa called the golden dinar, and he succeeded in creating A bloc of African countries, but the Americans overthrew the Libyan regime and killed Gaddafi, because selling the country, even a small one, for its oil for something other than the dollar will cause the dollar’s ​​strength to destabilize. Currently, there is nothing that supports the dollar except oil, and America will not hesitate to use its military power to crush any threat to the dollar, even if it is linked. “Oil is in dollars, and preserving it for the longest time is an American priority.”

He stated that “oil pricing in dollars is not only related to the standard oil crude oils that are priced in dollars, namely Brent crude and West Texas Intermediate crude, but because oil trade is the largest in the world, as it is not limited to exchanging oil in commodity markets only, but there is a very large trade in paper barrels amounting to more than tens of times the real exchange rate, especially on the New York and London Stock Exchanges, through speculation in futures contracts.”

He explained, “Therefore, the calls to sell Iraqi oil in a currency other than the dollar lack realism and reflect a wrong understanding of the basics of oil pricing in the global market, and because it will expose Iraq to very violent American reactions, because abandoning the dollar is an American red line because it will threaten the global position of the dollar, which it currently represents.” 60% of global monetary reserves and will undermine the economic importance of the United States globally.”

earthiq.news