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What is America doing with seventy billion dollars of frozen Iraqi funds?


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What is America doing with seventy billion dollars of frozen Iraqi funds?

What is America doing with seventy billion dollars of frozen Iraqi funds?

 Monday September 07, 2020The news and its translation

 

The world - the news and its lineage

News: According to the latest estimates, about 70 billion dollars of Iraqi funds are frozen in a bank account called the "Federal Reserve" in New York, and it cannot be released or part of it except as Washington deems appropriate and according to the conditions set by the White House.

Analysis: The establishment of this account or the establishment of the Reserve Bank dates back to 2003 and to Resolution 2483 and as a result of many years in which Iraqi oil revenues accumulated, which were supposed to be transferred to Baghdad, but they were transferred to this bank and this account, and it was liberating a very small part of this The money is according to what the White House sees as it was spent on public expenditures such as salaries of government employees or public expenditures, and this is precisely one of the main reasons behind the stopping of the reconstruction of Iraq during the past seventeen years.

Regardless of the interest and profits arising from the funds that have been frozen over the past seventeen years and the ambiguity surrounding the method of inventorying the money, profits and interest, but from a passing look, one can see why the United States insists on not withdrawing from Iraq and keeping the situation in this country as it is. .

_ However, the painful issue in this regard is that during his recent visit to the United States, Iraqi Prime Minister Mustafa Al-Kazemi asks that you loan him $ 5 billion, which Washington refused! Instead, she agreed to give him $ 13 billion, gradually, on the condition that she spend on the things that she determines!

- After the issue of the airport martyrs and the Iraqi parliament’s insistence that the US forces leave the country, Trump threatened that if Parliament insisted on activating its decision, Iraq would not get its funds frozen in the aforementioned account.

- The exciting issue in this regard is the recent statement by the advisor to the Iraqi prime minister who said: The parliament’s decision to remove the American forces is not binding and cannot be implemented because all Iraqi factions did not agree on it, and this indicates anything, but it indicates that Daoud Hisham is not familiar with The priorities and axioms of laws in Iraq, and although his statement witnessed the reactions of many blocs in the Iraqi parliament, this proved that some of the ruling currents in Iraq are seeking to marginalize and ignore the efforts made by the Iraqi parliament to get Americans out of this country, and at the same time seek to Ending his authority in this matter, as it seeks to control Parliament and change its path towards the side he wants, which will not collide in any way with US interests in Iraq.

- According to some sources, the United States is seeking to establish and form a bloc in the Iraqi parliament that is fully linked to it, regardless of the number of members of this bloc and who will belong to it and what are their advantages, and whether the US administration will succeed in that or not? The aforementioned informed sources believe that until now the roles have been divided in this regard, and the UAE is supposed to play the role of paying the costs of forming this bloc, and if the UAE abandoned funding for the establishment and formation of the bloc, it would not be unlikely that the United States would finance it from the frozen funds of Iraq. In the Federal Reserve, by using the justifications established by the United States to withdraw funds from the account.

- The American forces do not want to leave Iraq unless the people, parliament, or ultimately the resistance forces exert pressure and force the United States to comply with the Iraqi demand.

https://www.alalamtv.net/news/5146561/ماالذي-تفعله-أميركا-بسبعين-مليار-دولار-من-أموال-العراق-المجمدة؟

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38 minutes ago, Pitcher said:

They could start by paying every family who lost a loved one in that **** hole and then help all the soldiers who were wounded or are dealing with PTSD.  

Amen to that, if this never happens or pans out for the best of us that money needs to be distributed to the family's that have lost a loved one or whoever else is going through PTSD.

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1 hour ago, Pitcher said:

I have a son who deals with it.  He came home pretty messed up.  

I’m praying for you and your family! PTSD is not just a harmless injury! Praying your sons complete healing!

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Thank you Artitech.  My son had 3 deployments to Iraq.  It finally got to him. We went through a rough time with him for years but he’s in a pretty good spot these days.  We have a large family and we got him over the hump for the time being.  I truly appreciate the prayers and if you don’t mind remember the families who lost their sons and daughters and for those who came back with wounds and PTSD.  

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1 hour ago, Pitcher said:

Thank you Artitech.  My son had 3 deployments to Iraq.  It finally got to him. We went through a rough time with him for years but he’s in a pretty good spot these days.  We have a large family and we got him over the hump for the time being.  I truly appreciate the prayers and if you don’t mind remember the families who lost their sons and daughters and for those who came back with wounds and PTSD.  

 

I'm totally on board with you all. They are added to my daily prayer list from this day forth.....

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What is America doing with seventy billion dollars of frozen Iraqi funds?

  I am inclined to believe that , these funds were distributed for the pandemic fund supply .  instead of the  social security fund ...

this might be the 1st of  a lot of  money funds that might suddenly end up bankrupt   ( just my worries )

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