Sat. AM KTFA News Articles 3-12-22

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Samson » March 12th, 2022

We opposed while others voted.. the rule of law says that it will restore the dollar exchange rate to the previous one

10th March, 2022

Representative of the State of Law coalition, Mahmoud al-Salami, confirmed Thursday, that the next coalition project is to return the dollar exchange rate to its previous position.

Al-Salami said in a statement to (Baghdad Today), “The current economic problems are not a result of the moment, but were due to previous accumulations that appeared at the present time, and given the lack of a vision for the government to address these problems, it bears a large part of the responsibility.” He added that “the coalition of state law was the only party that opposed raising the price of the dollar, while the other blocs voted to implement the decision.”

Al-Salami added, “Our next project is to return the dollar exchange rate and compensate for all losses resulting from it.” LINK

The United States bans the supply of US dollar notes to Russia

11th March, 2022

On Friday, US President Joe Biden signed a decree banning the supply of US dollar notes to Russia.

“It is prohibited to export, re-export, sell or supply directly or indirectly from the United States, or from U.S. individuals or entities, regardless of the location of U.S. dollar notes, to the Government of Russia or to any person located in Russia,” the decree reads.

In addition, Biden imposed restrictions on the import of alcohol, diamonds, and seafood from Russia, as well as the export of luxury goods to the country. “The executive decree will establish the legal bases for future restrictions on investment in any sector of the Russian economy,” the White House said in a statement.

Earlier, the United States imposed a ban on the purchase of oil, gas and coal from Russia.  LINK

Source: Dinar Recaps

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