Tuesday, February 20, 2024
When will it be freed?..Iraqi money is captive in the prisons of American banks, 20 FEB
When will it be freed?..Iraqi money is captive in the prisons of American banks
Information/Baghdad…
In the spring of 2003, Iraq witnessed an American occupation and was placed under American guardianship. Iraq’s money derived from the sale of oil, which constitutes more than 90 percent of Iraq’s hard currency imports, was placed in the US Federal Reserve Bank to protect it from compensation demands. Submitted by some countries affected by the policies of the previous regime that ruled Iraq before 2003.
In order for the Iraqi government to benefit from these funds, the Iraqi Ministry of Finance submits a request to the United States accompanied by an explanation explaining the means of disbursing these funds, so that the US Federal Bank can study and audit the request and recommend disbursing the required amount of funds. These funds are then transferred to the Central Bank of Iraq, which in turn transfers them to the Iraqi government in either US dollars or Iraqi dinars as needed.
The United States had stated on previous occasions that the reasons for imposing sanctions were mainly money laundering and currency smuggling, without providing precise details about those charges.
Experts said, “Iraq imports approximately 90 percent of its needs for goods and services from outside Iraq. This is due to the deterioration of industry, the diminishing role of the private industrial sector, and the decline of agriculture to a large extent due to the lack of rain and the decline in water levels in the Tigris and Euphrates rivers.”
They added, “This necessarily leads to a major drain in Iraq’s foreign exchange reserves. Moreover, because of the broad relations and the close distance between Iraq and its eastern neighbor, Iran, Iraq’s trade with Iran takes over the lion’s share of Iraq’s imports of goods and services, which raises the ire of Iraq.” The United States imposes tough sanctions on Iran and prohibits the supply of US dollars to Iran.”
This scene requires Iraq to be liberated from American control over its money, in order to continue building the country.
On Monday, Ali Hussein, a member of the Al-Fatah Alliance, warned of American control over oil financial revenues at the Federal Reserve, accusing Washington of exploiting this control to put pressure on Iraq.
Hussein told Al-Ma’louma, “America is exploiting this control by imposing its will on many issues, including armaments, in addition to its pressure on the economic card.”
He called on the government to “free itself from this pressure, and to have a say in reformulating the relationship with the Americans.”
He stated that “the Iraqi and international financial system is captive to the American administration, which necessitates resorting to other methods to ensure the liberation of money from its authority, and reaching an understanding through other windows away from the pressure it is exercising against Baghdad.”
In the same context, the head of the Coordinating Body of the Popular Movement for the Belt and Road, Hussein Al-Karaawi, confirmed that Iraq possesses great economic components that require proper management to lead it towards achieving success, investment, and getting rid of American will.
He told Al-Maalouma, “There is an urgent need for Iraq to turn towards the countries of the East to develop economic and trade relations in various fields and get rid of the American hegemony imposed on Baghdad.”
He called for “dealing in the ruble or the Chinese yuan, and not limiting the economy to the US dollar.”
Last year, Iraq demanded that the United States of America release its money from its treasury.
A previous statement by the Ministry of Foreign Affairs said that Minister Fuad Hussein discussed with his American counterpart, Anthony Blinken, a number of issues, including the sanctions imposed by the US Treasury on Iraqi banks.
According to a statement by the Iraqi Ministry of Foreign Affairs, the US Treasury did not provide the reasons behind imposing such sanctions, and whether Washington imposed these sanctions was due to the lack of discipline of these banks in implementing the banking instructions and rules set by the Central Bank of Iraq or the US Federal Reserve Bank, or whether For other reasons.
According to the statement, the Iraqi Foreign Minister officially called on the US Secretary of State to reconsider the US Treasury’s decision on the issue, especially since the US Treasury is in constant communication with the Central Bank of Iraq and that these banks play an important and major role in financing the ration card expenses that benefit low-income families. Limited, providing them with a food basket consisting of basic foodstuffs such as flour, rice, sugar, tea, some legumes, washing powder, and others.
almaalomah.me
"RV UPDATE" BY WOLVERINE, 20 FEB
WOLVERINE
Dear readers:
Tomorrow Saturday February 17th at 8:00 p.m. our time, the alert system can already come into effect throughout the world if we understand what this site says now, https://qofficial.net/password
The awakened have been waiting for this for a long time, those who are unaware of this event will suddenly wake up and possibly panic.
It was a long journey we made towards our freedom.
Today and tomorrow they can fix the last things, when it begins, martial law will paralyze all public life if all globalists are arrested for their participation in the GENOCIDE that has been committed against the population..FOR READ MORE:https://dinarevaluation.blogspot.com/2024/02/rv-update-by-wolverine-via-bearded.html
Bearded PatriotUSA
Telegram post
2/13/24
Forwarded from Wolverine:
From a member
Tressy is saying Shelton has told her no more updates as it is jeopardizes the whole event ….
I know it will be soon .. please keep yourself safe !!
https://t.me/Bearded_PatriotsUSA/15991
https://dinarevaluation.blogspot.com/2024/02/no-more-updates-by-wolverine-via.html
Some Bond holders who are Whales have been paid and they all are under NDA.
We heard last week that about three of these Whales started talking. Unfortunately, their accounts were frozen after 30 years of waiting. Please be careful everyone.
There are some bad people sending out legit looking forms, saying they got paid, and asking you if you got paid, but if you respond to them you will be breaking your NDA contract. If people ask you if you got paid just BLOCK them. Be careful! In my opinion, when you get your blessing, do NOT help people right away, as they will ask “Where did you get all that money?”
Mauricio had a meeting with people who said this will be a Golden week.
The EBS system is ready to go. Hopefully we will get that after our blessing, as the EBS does come AFTER the blessing.
Iraq Confirms To The World Bank Its Intention To Promote Reforms Related To Financial Policies, 20 FEB
Iraq Confirms To The World Bank Its Intention To Promote Reforms Related To Financial Policies
Local | 02/19/2024 Mawazine - Baghdad - Today, Monday, the Minister of Finance, Taif Sami Muhammad, received Winston Cole, Director of the Financial Management Project at the World Bank, and members of the delegation accompanying him. The
Ministry’s media office stated in a statement received by Mawazine News that “during the meeting, aspects of relations between Iraq and the Bank were reviewed.” International cooperation, especially in light of the existing cooperation program to complete the implementation of the economic reforms adopted by the Iraqi government.”
He added that Taif expressed “appreciation for the fruitful partnership between the two sides, stressing the Iraqi government’s keenness to continue it, and the positive climate it provides for all investors and global financial markets regarding the Iraqi economy, stressing at the same time the Iraqi government’s determination to continue promoting structural reforms related to financial and monetary policies and maximizing the role of The private sector in development.
Cole pointed out, "The World Bank looks forward to continuing the distinguished cooperation relations with Iraq and its support for its economic reforms, praising the performance of the Iraqi economy and the flexibility and steadfastness it has shown in the face of the negative repercussions resulting from global economic fluctuations, and stressing the Bank's continued strengthening of joint work with the Iraqi government to improve overall indicators."
"For the economy, deepening the participation of the private sector and completing the ongoing development work." https://www.mawazin.net/Details.aspx?jimare=242368
"RV UPDATE" BY PIMPY, 20 FEB
Pimpy
If you're going to exchange your Iraqi dinar, let's just say for the sake of this particular example...3 to 1, congratulations you now got millions of dollars. So you go and you swap your currency and they're saying, 'Hey, you got $3 million in your account.' Yah!
You can't say to them I want $3 million dollars because the bank doesn't carry money like that no more. They might say...we are going to allow you to carry out $5,000 for today cash but we're going to have to set an appointment with you to come pick up the rest of the cash...If they have to order currency for you, they're going to charge you a fee because they have to pay a fee...
Renewing the Iraqi-Japanese partnership with $11 billion in loans for vital projects and development policy, 22 DEC
Renewing the Iraqi-Japanese partnership with $11 billion in loans for vital projects and development policy 12/21/2024 The United Nations...
-
Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...