Friday, February 23, 2024

Washington restricts Iraq to the control of the Federal Reserve... manipulating the country’s capabilities and dominating financial sovereignty, 23 FEB

 Washington restricts Iraq to the control of the Federal Reserve... manipulating the country’s capabilities and dominating financial sovereignty

With the principle of tightening the screws from all sides, the United States of America continues to manipulate Iraq’s vital capabilities from time to time, and in parallel with the important events that occur in the political, security and economic arena, given the dictatorship that Washington is implementing towards the country through the Federal Bank, and the delay in sending Iraq’s export funds. Oil for the purpose of causing a liquidity crisis that hinders the work of the government, especially the crisis of delayed release of recurring employee salaries as a result of; Reducing financial releases from America despite the increase in the country’s financial balance during the recent period, amid many calls for the government’s need to move towards achieving economic sovereignty and breaking American hegemony.  

*Financial sovereignty? 

Speaking about this file, a member of the House of Representatives, Thaer al-Jubouri, accuses the United States of America of controlling Iraq’s funds through the Federal Bank, while he stressed that Washington is creating pretexts to control a number of files.  

Al-Jubouri said, in an interview with the Maalouma Agency, that “America is trying to force the country to pay the price of solidarity with the Palestinian cause and a position against the Zionist entity,” pointing out that “achieving economic independence is extremely important for the development of the Iraqi economy.”  

He continues, "One of the reasons for the crisis of the rise in the parallel exchange rate of the dollar is the interventions of the US Federal Reserve, which takes decisions and imposes sanctions," adding that "America controls the rise and fall of the dollar price through many of the schemes it follows."  

Al-Jubouri concludes his speech by saying, "Washington is always trying to influence the government's steps that seek to achieve economic and military independence for the country," accusing "the United States of America of dominating Iraq's funds through the Federal World Bank."     

*Washington conspiracy? 

In addition, the economic expert, Nasser Al-Kinani, warned today, Thursday, of a plan to seize Iraqi oil money from the US Federal Bank, while revealing details of a conspiracy against the Iraqi economy. 

Al-Kanani said in an interview with the Maalouma Agency, “The sanctions imposed on Iraqi banks contributed to a liquidity crisis for the dollar in the local markets,” noting that “there are fears of stopping the export of money from selling oil to the country.”  

He continues, "The Federal Reserve's sanctions on Iraqi banks are intended to benefit the rest of the Arab banks that partner with Washington," pointing out that "the dominance of the United States of America over the Iraqi economy still continues until now."  

Al-Kanani added, "The United States of America has issued sanctions against 26 banks so far," considering that "the process of stopping these banks is unjustified and there are no reasons to take measures against them." 

 The United States of America continues to impose its influence on Iraq in many vital files, including the authority to deposit Iraqi oil sales funds in the US Federal Bank, amid clear blackmail to pass many files, or manipulate the dollar bill, which puts great pressure on the government. link

"RV UPDATE" BY GOLDILOCKS, 23 FEB

 GOLDILOCKS

Global Banking Announcement:


"In a move that underscores the evolving landscape of international finance, a consortium of leading banks, including BBVA, BofA Securities, ING, Mashreq, Morgan Stanley, and Standard Chartered Bank, has embarked on a pivotal mission. Authorized by an undisclosed bank, these financial titans are set to traverse continents, with meetings scheduled across Asia, Europe, and the United States on February 20, 2024. Their objective is clear yet complex: to assess the appetite of global investors for USD-denominated Basel III compliant Tier 2 notes, a critical component in strengthening the banks' capital structure."


Global Banks are currently preparing for Tier 2 Capital note exchanges under Basel 3 guidelines. Banks are accumulating these foreign currencies to support their banking structures.


What are Tier 2 Capital notes? These notes are designated as second or supplementary layers of a bank's capital. And, they are commonly known as revaluation reserves or foreign currencies.


What makes them revaluation reserves under Basel 3 guidelines is due to the expectation of the increase in their value due to the backing by gold for them. Many of the currencies that are coming back onto the market on the local level in countries around the world are being supported by gold reserves. 


Basel 3 is what makes these newly reinstated currencies have the need to be repriced on the market offering a Level Playing Field with other currencies around the world.


All roads lead to gold, and gold will set us free. 


© Goldilocks


https://ho1.us/2024/02/global-banks-prepare-for-tier-2-capital-notes-issuance-under-basel-iii-guidelines/


https://www.investopedia.com/terms/t/tier2capital.asp 


https://bnnbreaking.com/finance-nav/global-banks-gear-up-for-tier-2-capital-notes-issuance-under-basel-iii-guidelines

Dinar RV News Today🔥Visa Partnership Signals Digital Transformation!💣Wha...

Al-Sudani: The government has placed economic and banking reform among its most important priorities, 23 FEB

 Al-Sudani: The government has placed economic and banking reform among its most important priorities

Prime Minister Muhammad Shiaa Al-Sudani confirmed, on Thursday, that the Iraqi government has placed economic and banking reform among its most important priorities, indicating its endeavor to welcome work in this field.

The Prime Minister’s media office said in a statement, seen by Al-Iqtisad News, that “Al-Sudani received, this afternoon, Thursday, Andrew Toure, the regional president of Visa for Central and Eastern Europe, the Middle East and Africa, and his accompanying delegation.”

The Prime Minister stressed, according to the statement, that “the government has placed the issue of economic and banking reform among its most important priorities, and it seeks and welcomes cooperation in this field,” pointing to the approval of the electronic payment system in the Council of Ministers, praising the company’s cooperation in expanding electronic payment technology and digital transformation, Whether through training workers in Iraq or by contributing to education for the electronic payment process.”

For his part, the regional president of Visa expressed “the desire to continue cooperation with the Central Bank of Iraq and all Iraqi banking sector institutions,” noting that “Visa’s interest in supporting the Iraqi government’s plans towards electronic payment and economic and banking reform, by offering advanced solutions and technologies.” To the market, as well as its readiness to bring expertise, in addition to employing more Iraqis in its office in Baghdad, with the aim of reaching 500,000 acceptance points from points of sale for electronic payment in Iraq   link

"INTEL FROM IRAQI BANK FRIEND" BY WALKINGSTICK, 23 FEB

 Walkingstick (KTFA)


[Iraqi bank friend Aki update]


The training with the specimen sheets is a daily continuing thing...We don’t know if it’s going to be the DeLaRue machines or a completely different structured machine because the new security features on the new small lower notes are not recognizable on the old DeLaRue machines .

 Aki is working with new sorting and counting machines [Not the new DeLaRue machines]…These machines [New DeLaRue] will only be used inside of Iraq.  Aki has no need for these machines…Chase’s JP Morgan who buys and sell currency around the world would also have these new machines.

Iraqi Dinar update for 02/22/24 - Supreme Court causing problems in Iraq BY PIMPY


"THE PROBLEM FOR IQD INVESTORS" & "ANALYSIS OF IRAQ NEWS" BY SANDY INGRAM, 23 FEB

  Sandy Ingram 

 The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar. 

 Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady.

ANALYSIS OF IRAQ NEWS

 Iraq's tourism could easily increase to over 10 billion US dollars a year, comparing it with Egypt's tourism. 

The problem for people in the United States is no bank in the US will do any transactions using the Iraqi dinar.  Until this changes we have to find other ways to pull our profit out of Iraq.  We can do this.  I found one way and will discuss it in a an upcoming [post]...   

 There is an organized effort in Iraq to never revalue or increase the value of the currency abasing the US dollar or to provide profits for people in the west...Between the different factions within Iraq, revaluing their currency, even when they can afford it, may not be on their agenda...

 Iraq is getting closer to a currency reset...Iraq's rail plans have investors worldwide watching carefully...The rail connection in Iraq from the Gulf to Europe will change Iraq's economy.  This same method of increasing the GDP was recently used by Mexico when they built a connecting rail system...Mexico's exchange rate increased against the US dollar and now Americans are spending more money to live in Mexico... This is one of the major paths that can lead to a higher GDP and a higher value in the currency.  The project is set to start in early 2025.

The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry.  Iraq holds a significant amount of the world's history within its borders...What is  needed is security and safety for travelers.  Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq's GDP. 

 "  Iraq's central bank revokes Iran's Bank Melli operating license"  This article tells us the US is serious about not allowing Iran to have access to US dollars.  It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve.

 Vietnam is making major financial news.  Vietnam factory activity returns to growth status after the pandemic, tourist arrivals increased by 73.6% in January and retail sales are still growing for the 26th straight month.  The inflation rate is at a five month low of 3.7%.  Overall Vietnam has green lights on all growth patterns...Vietnam knows precisely what to do to bring the value of its currency back into the line of profit...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-sandy-ingram-12-feb_040016202.html

IRAN BACKED MILITIAS IN IRAQ: Is Nouri al-Maliki Part of the “Axis of Evil”? Does He Support Iran-Backed Militias in Iraq?

  Is Nouri al-Maliki Part of the “Axis of Evil”? Does He Support Iran-Backed Militias in Iraq? Let’s break this down clearly, because multi...