Monday, March 4, 2024
US imposes sanctions on Zimbabwe president over ‘abuses’: White House, 4 MARCH
US imposes sanctions on Zimbabwe president over ‘abuses’: White House
The United States on Monday imposed sanctions on Zimbabwean President Emmerson Mnangagwa and other senior leaders, replacing a broad two-decade-old pressure campaign with targeted action.
Citing a campaign of rights abuses and corruption, the United States will block any US-based property and prohibit any unofficial travel to the country by the sanctioned Zimbabweans.
“The changes we are making today are intended to make clear what has always been true: our sanctions are not intended to target the people of Zimbabwe,” Deputy Treasury Secretary Wally Adeyemo said.
“We are refocusing our sanctions on clear and specific targets: President Mnangagwa’s criminal network of government officials and businesspeople who are most responsible for corruption or human rights abuse against the people of Zimbabwe,” he said.
Secretary of State Antony Blinken called the new measures were part of a “stronger, more targeted sanctions policy” on Zimbabwe as he voiced concern over “serious cases of corruption and human rights abuse.”
“Key individuals, including members of the government of Zimbabwe, bear responsibility for these actions, including the looting of government coffers that robs Zimbabweans of public resources,” Blinken said in a statement.
“Multiple cases of abductions, physical abuse, and unlawful killing have left citizens living in fear.”
In imposing the sanctions, President Joe Biden issued a declaration abolishing an earlier sanctions program on Zimbabwe launched in 2003.
Zimbabweans sanctioned since then will now see their property unblocked unless named again on Monday, and the country will be removed from a Treasury Department list that regulates sanctions, officials said.
The earlier sanctions — while also primarily targeting the Zimbabwean leadership under veteran president Robert Mugabe — were part of a larger pressure campaign led by then president George W. Bush in coordination with Britain following a campaign of forced takeover of land from white farmers.
– Zimbabwe claims win –
The Zimbabwean government praised the lifting of the old set of sanctions, which it has long blamed for the country’s dire economic situation.
“Well, this is massive,” government spokesman Nick Mangwana, wrote on X, formerly known as Twitter, in what he called “a great vindication” of Mnangagwa’s foreign policy.
“That said, as long our president is under sanctions Zimbabwe remains under illegal sanctions, as long as members of the First Family are under sanctions, Zimbabwe remains under illegal sanctions, and as long as senior leadership is under sanctions, we are all under sanctions,” he wrote.
Mnangagwa, whose party has been in power for more than four decades, was declared the winner of a new term in an election in August that international observers said fell short of democratic standards.
Hopes of a thaw with Zimbabwe briefly surfaced after Mnangagwa pushed Mugabe out of power in 2017, but Western powers and rights groups say that the new leadership has also clamped down on the opposition and protests.
Others targeted by the latest sanctions include First Lady Auxillia Mnangagwa as well as Zimbabwe’s first vice president, defense minister and military chief.
Blinken earlier said that the United States would deny entry into the United States of anyone seen as impeding the fairness of the last election.
https://insiderpaper.com/us-imposes-sanctions-on-zimbabwe-president-over-abuses-white-house/
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 4 MARCH
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Bank friend...in his opinion a new rate that will float. We're going to have gateway from Iraq to European side in trading. It will be amazing...The deletion of the zeros is near...Four different experts of the economy being sent to us by the CBI saying what is needed to be done with the zeros. It's no secret. FRANK: He's 100% correct. I keep telling you it's here.
FIREFLY: The television is saying the government is putting mobile teams together to monitor - No prices gouging during Ramadan. That tells us plainly there will be no rate change during Ramadan IMO.
FRANK: It can happen at any time...But... I don't see the reason for this to happen during Ramadan. It is a holy period. I see it happening before Ramadan.
FIREFLY: TV showing half a billion dinar recovered from a corrupt banking judiciary officer.
FRANK: It just don't stop! Good gosh almighty everybody steals out there.
FRANK: I sent you to your bank friend. Your friend is going to be receiving machinery IMO that will help him identify the new lower notes they are going to give you. They are also going to be sending in people who are experts in the process of exchanging currency. In your case, three zero notes for lower notes.. .It's very obvious the next step for the CBI is for these people and this equipment to be used to give you the new exchange rate and lower notes. It is approaching you with great confidence. Be strong. You're almost there.
https://dinarevaluation.blogspot.com/2024/03/iraq-boots-on-ground-report-by-firefly_01390493719.html
https://dinarevaluation.blogspot.com/2024/03/iraq-boots-on-ground-report-by-firefly_2.html
Evening News with MarkZ. 03/04/2024
"MOVES TO REDUCE GLOBAL DEPENDENCY ON THE US DOLLAR" BY GOLDILOCKS, 4 MARCH
GOLDILOCKS
"Russia is testing digital asset payment technology as groundwork for a potential BRICS digital currency.
The move aims to reduce global dependency on the US Dollar, aligning with BRICS’ de-dollarization efforts.
Digital currency trials are starting with China and Eurasian Economic Union countries, under Russia’s initiative."
Russia is making a move inside the new digital economy. They are testing their new payment system with digital assets formulating a pre BRICS currency launch.
Vladimir Putin is the current chairman for the BRICS Nations. One of the qualifications in belonging to the BRICS Nations is that countries have to back there economy by gold or other commodities. These new global economic initiatives are what is leading the drive towards a Global Currency Reset.
A new trading currency with a backing by gold for the BRICS Nations is rapidly becoming more than just a simple threat to the current Global Monetary System.
Russia is currently taking practical steps in lowering their dependence on the US dollar in trade among nations. And, these changes are affecting the current ratings of their currency. Enough so, that the FATF is currently re-rating their currency.
When a countries' currency is re-rated, it means they are currently in process of a revaluation inside their new currency values and mechanisms for the dissemination of these new values in trade. Yes, new exchange rates.
"The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog. It sets international standards that aim to prevent these illegal activities and the harm they cause to society."
Look for the FATF get more involved in the BRICS Nations as they set forth new trading mechanisms designed to enhance their group's local currency values through their new digital asset-based trading system.
This is a move from a pegged currency with the dollar to a free floating exchange rate determined by the markets. Gold adds value to currencies that have been devalued over the years and equalizes the playing field for each country involving themselves inside free-floating mechanisms.
Watch the water.
© Goldilocks
https://www.cryptopolitan.com/russia-digital-assets-pre-brics-currency/
CLARE: Sudanese: Lowering the exchange rate means giving the dollar to illegal trade, 4 MARCH
Sudanese: Lowering the exchange rate means giving the dollar to illegal trade
3/3/2024
Baghdad
Prime Minister Muhammad Shiaa Al-Sudani said this evening, Sunday (March 3, 2024), that lowering the exchange rate means giving the dollar to illegal trade.
Al-Sudani stated during his participation in the opening of the activities of the Al-Rafidain Dialogue Forum in Baghdad, that "the financial situation in Iraq is at its best and that commercial transactions are collected through commercial institutions."
He added, "We give the student, the patient, the merchant, the contractor, and the investor the dollar at the official rate."
Al-Sudani pointed out that "the notes recorded on Iraqi banks from the US Treasury are from the time of previous governments."
He pointed out that "economic reform was one of the most important priorities of the government program."
Al-Sudani noted that "the salaries of employees and retirees constitute the largest cash block in the financial budget."
It is noteworthy that Iraq relies on the platform for selling currency directly to local banks and companies, which was previously known as the daily dollar auction, as one of the mechanisms for preserving the value of the Iraqi dinar and combating speculative operations in the parallel market.
The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on February 6 that “some groups are trying to stay away from the platform for selling foreign currency in order to evade taxes or customs or the presence of illegal trade,” indicating “the possibility of meeting all requests for the dollar,” adding that “the bank has no problem.” In offering or selling the dollar.
He pointed out that "the bank is in a comfortable position to respond to requests to buy dollars. We have sufficient reserves, and soon we will launch a mechanism to ensure that only real travelers get the dollar."
LINK
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