Tuesday, July 16, 2024
Economist: America Has Begun To Abandon Iraq
Money and business Economic expert, Jalil Al-Lami, confirmed that America has begun to gradually abandon Iraq by restricting the use of the dollar and abandoning the purchase of Iraqi oil.
Al-Lami said that America decided to buy oil from Canada instead of Iraq, and also to restrict the use of the dollar, which are messages to the Iraqi government.
He added that the Iraqi government sent a delegation to settle the issues with America and end the dollar restriction. 825 views 2024/07/16 - https://economy-news.net/content.php?id=45274
💢 Positive developments for Iraq. 7.15.24
💢 Positive developments for Iraq. 7.15.24
USA detaching itself from Iraq is a good thing. Iraq will not depend on USD for international transactions, and they will use their own IQD for all international trade and commerce after raising their international rate of exchange within their monetary reform.
💢 We're hoping that once their accession to the WTO occurs on July 18, that they will quickly change their rate. But wouldn't it be amazing IF they did that beforehand, too?
💢 Anywho, there's got to be good news on the horizon soon. And Iraq pulling away from America's purse strings is a really good thing - any way you look at it.
~ Ginger of the Liberty Lounge
Parliamentary Finance Committee Comments On US Decision To Stop Iraq's Transactions In Chinese Yuan
Posted On2024-07-16 By Sotaliraq Member of the Parliamentary Finance Committee, MP Moeen Al-Kadhimi, described today, Tuesday, the decision of the US Federal Reserve to stop transfers in Chinese yuan as “arbitrary” against the Iraqi economy.
[size=45]Al-Kadhimi said in a statement, "The decision to stop transfers in the Chinese yuan was issued by the US Federal Reserve, claiming that there were suspicions about some transfers in the Chinese yuan."
[size=45]He pointed out that "the Central Bank of Iraq has contracted with an international company to evaluate and monitor transfers, and this company is a source of acceptance and trust for the US Federal Reserve."
He pointed out that "after a short period, the Central Bank of Iraq will resume transferring remittances in Chinese yuan to Iraqi traders in general," indicating that "these measures of the US Federal Reserve are considered arbitrary against Iraq and its national economy."
The Central Bank of Iraq stopped dealing in the Chinese yuan after the US Federal Reserve accused Iraq of “inflating remittances.”
During the current period, America has worked to destroy the Iraqi currency by imposing sanctions on private banks and preventing the dollar under many pretexts, which in one way or another led to a severe financial crisis in local markets. LINK
"RV UPDATE" BY ARIEL, , 16 JULY
ARIEL
@Prolotario1
(Image)-Speculation
■ Monday, July 15, is noted as the end of a potential scare event. This suggests that the primary phase of the operation concludes on this date.
■ Tuesday July 16, indicates a "Lockdown" phase. This could mean an actual lockdown or a period of intense security and control to manage the aftermath of the scare event.
■ The lockdown phase is set to end on July 25. This period might be used for consolidation, assessment, and preparation for subsequent actions.
■ July 25th This may indicate a time of unexpected gifts or surprises. In this context, it could mean a major revelation or positive outcome resulting from the operation, celebrated as a significant victory.
Will things pan out in this order? We shall soon find out. Qoute "I stand to protect spring but fall you are rebelling or is it possibly the spirit of God will cause many to fall in Fall? There is a tumultuous rendering that is coming. I shall take it for the summer and bring forth much in the temperatures... strange July, strange July... hypnotic November and Oh Christmas! End qoute. ~Kim Clement
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