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Thurs. AM TNT News Articles from Iraq 4-4-24

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TNT

Tishwash:
Benni defines the main point as Washington’s economic hegemony

A member of the Nebna Alliance, Ali Al-Zubaidi, confirmed that ending American economic hegemony lies in the government’s move towards ending the deposit of oil selling money in the Federal Bank, adding that it will enable the government to choose the currency in which it is sold.

Al-Zubaidi said in an interview with the Maalouma Agency, “Freedom from the restrictions of the dollar will give confidence to the Iraqi currency, in addition to tighter control over the economic movement,” noting that “the main problem is imposing the deposit of oil money in the American bank.”

He continued, “The number of members of the BRICS system has reached approximately 30 countries, and this constitutes a threat to the US dollar in itself,” pointing out that “its new currency will be circulated in all these countries that constitute a large part of the global economy.”

Al-Zubaidi concluded his speech: “Washington’s hegemony will not last long in light of the global estimates of economists,” noting that “the end of American economic hegemony lies in the government’s move towards ending the deposit of funds for selling crude oil in the Federal Bank.”

In an interview with the Maalouma Agency, a member of the coordinating framework, Ali Hussein, called on the government to seek to find alternatives and take the step of liberating the country from the dominance of the dollar and the continuing American sanctions, while he stressed that Iraq’s move towards lifting the restrictions of the US Federal Bank is a must. link

When will Iraq get rid of the restrictions of “Uncle Sam”.. Washington shackles Iraq to the federation and a “BRICS” bomb is coming

Popular and political calls are escalating to end the American hegemony it imposes on the Iraqi economy by enforcing the deposit of funds from the sale of crude oil in the Federal Bank on the one hand, and continuing the dollar crisis through sanctions issued on banks, which have reached more than 30 banks.

The first stage of getting rid of the restrictions imposed on Iraq is to strive to achieve two basic points, the first of which is to end the deposit of money in the Federal Bank and send it directly to the Central Bank. The second is to seek to join the BRICS countries that will issue a currency that will be like an atomic bomb for Uncle Sam’s currency. . 

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*Editing step!

Speaking about this file, a member of the Al-Fatah Alliance, Ali Hussein, calls on the government to seek alternatives and take the step of liberating the country from the dominance of the dollar and the continuing American sanctions, while stressing that Iraq’s move towards lifting the restrictions of the US Federal Bank is a must. 

Hussein said in an interview with the Maalouma Agency, “It will be a bold step, but it will succeed if the atmosphere is created and contracts are made with alternative international banks,” noting that “it is necessary to bring in companies from international countries that do not deal in the US dollar.” 

He continues, “Entering into the Shanghai system and other global organizations will be the first stage of liberation from the dollar,” adding that “the movement to end the dollar’s hegemony over the world, led by major countries, has greatly succeeded.” 

He adds, “Contracting from companies from Eastern countries and bringing them to work inside Iraq will avoid the economic blockade,” pointing out that “the government is required to seek to find alternatives and take the step of liberating the country from the dominance of the dollar and American sanctions.” 

The economic expert, Nasser Al-Kanani, confirmed that the number of Iraqi banks affected by US sanctions has reached 26 banks so far. 

*End American hegemony!

In addition, a member of the Nebna Alliance, Ali Al-Zubaidi, confirms that ending American economic hegemony lies in the government’s move towards ending the deposit of oil selling money in the Federal Bank, adding that it will enable the government to choose the currency in which it is sold.

Al-Zubaidi said in an interview with the Maalouma Agency, “Freedom from the restrictions of the dollar will give confidence to the Iraqi currency, in addition to tighter control over the economic movement,” noting that “the main problem is imposing the deposit of oil money in the American bank.”

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He continues, “The number of members of the BRICS system has reached approximately 30 countries, and this constitutes a threat to the US dollar in itself,” pointing out that “its new currency will be circulated in all these countries that constitute a large part of the global economy.”

Al-Zubaidi concluded his speech: “Washington’s hegemony will not last long in light of the global estimates of economists,” noting that “the end of American economic hegemony lies in the government’s move towards ending the deposit of funds for selling crude oil in the Federal Bank.”

The United States of America continues to impose its influence on Iraq in many vital files, including depositing the money from the sale of Iraqi oil in the US Federal Bank, amid clear blackmail by passing many files, most notably the dollar bill, which puts great pressure on the government.  link

Finance announces the launch of a new issue of government bonds for public subscription

● Version details:

Bond type: Government bonds denominated in Iraqi dinars.

● Categories offered:

– A bond denomination of (500,000) thousand dinars, with a maturity of two years, with an annual interest of 6.5%, paid every six months.
– A bond denomination of (1) million dinars, for a period of 4 years, with an annual interest of 8.5%, paid every six months.

● Subscription date: period from April 15, 2024 to May 15, 2024.

● Subscription method: Purchase applications are submitted to one of the bank branches approved by the Central Bank of Iraq, accompanied by the original identification documents. The bank then sends the application with the purchase amount to the Central Bank via the RTGS electronic payments system on the same day of purchase. In return, the buyer will receive a receipt for the purchase amount he paid until the bond is prepared, and after a period not exceeding a week, the buyer brings the receipt to the same bank to receive the bond.

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● We invite all citizens, investors and companies to participate by subscribing to this issue of government bonds.

● The bonds offered are tradable on the Iraq Stock Exchange.

● Advantages of subscribing to government bonds:

Guaranteed return: The government is committed to paying the annual interest and the value of the bond when it matures.

Safe investment: Government bonds are considered one of the safest investments, as investors enjoy the government’s guarantee.

Contribution to the development of the national economy: The subscription funds contribute to financing economic development projects and achieving financial stability in the country.  link

CandyKisses:
Warning of a strong earthquake hitting Iraq

Baghdad – Iraq Today:

Iraqi seismologist Watheq Abdul Nabi warned of the exposure of the seismic fault on the border with Iran to an earthquake he described as strong, although he confirmed that the activity surrounding Iraq falls within the normal.

Abdul Nabi said in a press interview that “the seismic movement in Iran and Turkey is normal and does not cause concern, as there are strong earthquakes that hit the two countries every 10 years and some every 100 years.”

Iraq recorded many earthquakes with low magnitude on a monthly basis, he said, “and we may witness earthquakes this month that we do not know the extent of their strength”.

“Any scientist who claims to predict an earthquake at a specific place and time should not be believed, because this has not been achieved by seismology yet,” Abdul Nabi said

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He stressed that “the competent agencies monitored the presence of activity in the fault (Mandali – Badra – Tayeb) border with Iran, where the last earthquake was recorded in 2014 with a force exceeding 6 degrees, and recently these areas are witnessing seismic activity,” adding, “It is expected that we will witness an earthquake in these areas with a magnitude exceeding 5 degrees, but we cannot determine the time and time.”

Earlier in the day, a magnitude 4.5 earthquake struck the southern Turkish province of Malatya, as seismologists warned of a devastating earthquake in the city of Istanbul.

The border s---p between Iraq and Iran is seismically active, and tremors are usually recorded at different levels.

Source: Dinar Recaps

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