Wednesday, December 18, 2024
Iraq Out Of The List Of Major Countries Holding US Bonds, 18 DEC
Iraq Out Of The List Of Major Countries Holding US Bonds
Money and business Economy News - Follow-up The US Treasury announced on Tuesday that Iraq is no longer a major foreign holder of US bonds.
According to the Treasury report for September, which showed that Iraq was not among the top 20 countries holding US bonds, after it was ranked among the top holders last year with holdings of $32.6 billion.
The report indicated that "Japan topped the list of major countries in holding US bonds, with holdings amounting to $1.123 trillion, followed by China in second place with holdings amounting to $772 billion, while the United Kingdom came in third with $764 billion, the Cayman Islands in fourth place with $420 billion, Luxembourg in fifth place with $417 billion, and Canada in sixth place with $370 billion."
]The report explained that Saudi Arabia was the only Arab country that maintained its position among the 20 largest holders of US bonds, as its holdings amounted to $143.9 billion.
The report indicated that the total holdings of US bonds by countries around the world in September amounted to 8 trillion and 872 billion dollars.
US bonds are a type of debt instrument issued by the US government to raise money, and many countries buy them as a safe investment.
In the past years, many Arab and foreign countries, including Iraq, owned large amounts of these bonds, and over time, Iraq's holdings of US bonds decreased until it left the list of the 20 largest countries holding these bonds. Views 25 12/18/2024 - https://economy-news.net/content.php?id=51026
TIDBITS FROM FIREFLY, 18 DEC
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Secretary of State Blinken who just left Baghdad after meeting with Sudani said he was amazed at what's going on here in Iraq. He's been over here off and on for the last 20 years and never seen the new construction and airport updates and the movements of cars like we now have. He left very impressed.
FRANK: Who cares what Blinken has to say. I only care what Trump and Sudani are about to do.
...
FRANK: Article 12 is the introduction of a restricted free currency with no sanction to the international world. It does not mean it has to have value but it means that it can leave your borders and gain value in an international basket. Everything is set up so perfect.
FRANK26: "SUDANI & THE CBI DEFEND THE MONETARY REFORM", 18 DEC
KTFA
FRANK26: "SUDANI & THE CBI DEFEND THE MONETARY REFORM"........F26
The Central Bank of Iraq warns against fake companies for trading and investment
December 16, 2024
It confirms that some pages and posts on social media have circulated the names of fictitious companies that exploit the name of the Central Bank and claim that they are official Iraqi trading companies licensed by it for the purpose of investing and trading in digital currencies, stocks, gold and oil by broadcasting fictitious videos and posts, and profits are withdrawn through wallets or delivered to people according to their claims, noting that these companies claim to have branches in the governorates of Kirkuk, Mosul, Erbil and Sulaymaniyah.
It stresses the need for victims of these fictitious companies to take legal action against them and inform the relevant authorities of this.
The Central Bank called on the public, before carrying out any transfer operation, to review the names of non-banking financial institutions licensed by it and published on its official website at the following link
(https://cbi.iq/page/25).
Media Office
December 16, 2024
https://cbi.iq/news/view/2737
TIDBIT FROM MAJEED, 18 DEC
MAJEED
Kurdistan officially will start distributing October salary TODAY It will be from 2025 budget with the new rate Wait for ripple stable coin to be launched today and the rate will pop up Because RLUSD will be globally LFGGGG
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