HUGE: Iraq: US Places No Conditions On IQD.

[Luigi1]

here's an article from Dinarland...

Iraq:  US places no conditions on IQD.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Samson:

ARTICLE:  “The Foreign Minister Reveals The Details Of Washington ‘s Visit:   There are no American conditions & the currency will soon stabilize” IMMINENT STABILIZATION OF THE EXCHANGE RATE.

 

[Luigi1]

here's another article related to the above...IQD ties to China Yuan will strengthen the currency...trade & China projects in Iraq will be done in Yuan...will the US be squeezed out of Iraq's economy?

 

 

TNT  via  Tishwash:    Iraq adopts the “yuan” in its foreign trade with China.   

Today, Wednesday, the CBI announced the second package of facilities to obtain foreign currency, including reliance on the yuan currency to organize financing foreign trade from China.

 

[Luigi1]

NOTE:  No worries...the new IQD will be backed by gold & oil along with several currencies to include the USD, EURO, Swiss Franc, Japan Yen & China Yuan...The USD still has a roll to play in Iraq...as per Dr Shabibi...

 

MarkZ:    It's Official.    Iraq adopts the China Yuan.

ARTICLE:  Iraq Trading With China In Yuan.   Coffee with MarkZ 02/22/2023

 

[Fimum]

MarkZ says Iraq has "adopted" the yuan???

 

So, they're giving up on using their dinar and simply moving from the USD as the currency of use to the Yuan?

 

Where do they come up with this?

[davis411]

2 minutes ago, Fimum said:

Where do they come up with this?

Madam whuo

they make excellent Chinese food 

[Luigi1]

2 minutes ago, Fimum said:

MarkZ says Iraq has "adopted" the yuan???

 

So, they're giving up on using their dinar and simply moving from the USD as the currency of use to the Yuan?

 

Where do they come up with this?

 

Iraq will never totally abandon the USD.   Stability of the IQD will come from the USD along with a basket of four other international currencies, gold & oil.   IMHO.

[Danishere4news2]

3 hours ago, Luigi1 said:

here's an article from Dinarland...

Iraq:  US places no conditions on IQD.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Samson:

ARTICLE:  “The Foreign Minister Reveals The Details Of Washington ‘s Visit:   There are no American conditions & the currency will soon stabilize” IMMINENT STABILIZATION OF THE EXCHANGE RATE.

 

 

[Danishere4news2]

1 hour ago, Fimum said:

MarkZ says Iraq has "adopted" the yuan???

 

So, they're giving up on using their dinar and simply moving from the USD as the currency of use to the Yuan?

 

Where do they come up with this?

One of the many problems with these gurus are, no matter how ridiculous the statement is, no matter how wrong they are all the time, there is never any accountability with them. So much of the nonsense that comes from these gurus, prove without a doubt that they are clueless and are simply winging it day to day. As well, this goes against previous nonsense he has spewed over the years.

[Luigi1]

here's another article related to the above...the Goat is in direct negotiations with CBI for our benefit...

 

MntGoat:

ARTICLE:  The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon.  I do not have a date sorry!   All these efforts they are now taking for electronic banking, Point of Sale, electric grid, 2023 budget, etc. projects are all part of the equation leading Iraq’s monetary system to where it needs to go… just relax & let the process work its way through…

 

[NEPatriotsFan1]

Don’t know what it means but this seems to confirm, non dollar being accepted by Iraq

 

 

[yogaman]

26 minutes ago, NEPatriotsFan1 said:

Don’t know what it means but this seems to confirm, non dollar being accepted by Iraq

 

 

Dedollarization in Iraq has begun. They will sell to other countries in their own currency, every day we see evidence of the dollar losing reserve currency status.

https://www.reuters.com/business/iraq-allow-trade-with-china-yuan-state-media-2023-02-22/

 

[Luigi1]

25 minutes ago, NEPatriotsFan1 said:

Don’t know what it means but this seems to confirm, non dollar being accepted by Iraq

 

 

 

 

Yes.  The China Yuan will have a big role to play in Iraq's future.

That doesn't mean Iraq will abandon the USD, Swiss Franc, Euro & Japan Yen.

What does matter is the US is losing out to China on Iraq's reconstruction & economy.

[yogaman]

Yes. Losing out to BRICS

[cutter73]

Well kiss my grits... nothing will be made in America and all be 💩🙄🤣sorry...I have some laughs in this entertaining long over drawn event. 

[screwball]

3 hours ago, Luigi1 said:

That doesn't mean Iraq will abandon the USD, Swiss Franc, Euro & Japan Yen.

all part of the basket...

[screwball]

5 hours ago, Luigi1 said:

Iraq will never totally abandon the USD.   Stability of the IQD will come from the USD along with a basket of four other international currencies, gold & oil.   IMHO.

100% correct and articles in last 24 hours pointed to this exactly....specifically mentioned.

[screwball]

trump said all currencies on a level playing field...what does that mean? trading in your own currencies...iraq and china is the start. he also mentioned? Reciprocal Trade Agreement Act by a vote of 274 to 111 (with 47 Members not voting)—for the first time granting the President its traditional power to levy tariffs!!!!! there is no such thing as free trade...someone always pays....tariffs are the only way.

[screwball]

Reciprocal Trade Agreement Act was introduced by Roosevelt to get us out of the great depression.

[screwball]

lower export tarrifs encourage production and increase import tarrifs...who benefits China? who looses? American and our Industry

[screwball]

https://en.wikipedia.org/wiki/Reciprocal_Tariff_Act  great read

[screwball]

Kennedy Round

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From Wikipedia, the free encyclopedia

 

The Kennedy Round was the sixth session of General Agreement on Tariffs and Trade (GATT) multilateral trade negotiations held between 1964 and 1967 in Geneva, Switzerland. Congressional passage of the U.S. Trade Expansion Act in 1962 authorized the White House to conduct mutual tariff negotiations, ultimately leading to the Kennedy Round. Participation greatly increased over previous rounds. Sixty-six nations, representing 80% of world trade, attended the official opening on May 4, 1964, at the Palais des Nations. Despite several disagreements over details, the director general announced the round’s success on May 15, 1967, and the final agreement was signed on June 30, 1967—the last day permitted under the Trade Expansion Act. The round was named after U.S. President John F. Kennedy, who was assassinated six months before the opening negotiations.^[1]

The main objectives of the Kennedy Round were to:

• Slash tariffs by half with a minimum of exceptions
• Break down farm trade restrictions
• Remove non-tariff barriers
• Help developing countries

[screwball]

ask yourself why trump wanted out of the WTO??????? because its part of the WEF and NWO and Global control....

[screwball]

ask yourself why trump wanted out of the WTO??????? because its part of the WEF and NWO and Global control....

 

hat were the grievances motivating US policy towards the WTO’s appellate body?

During his tenure, Trump arbitrarily imposed tariffs on all of the United States’ major trading partners, launched a trade war with China, and blatantly violated the rules of the WTO – even repeatedly threatening to withdraw from the institution. Under Trump, the United States really began behaving as something of a rogue state in international trade.

Read the article
When the hegemon goes rogue: leadership amid the US assault on the liberal trading order 

This assault was part of a broader trend. The United States has been articulating complaints about the appellate body since the early 2000s. It was actually the Obama administration which first began blocking the reappointment of judges to the appellate body. But it was under President Trump that this escalated. What is motivating this shift? The United States has articulated a lengthy list of procedural complaints against the appellate body, but there is also a wider concern in Washington that the WTO system has failed to address China’s trading practices.

[screwball]

love him or hate him....this is what real Presidents do!

[Luigi1]

6 minutes ago, screwball said:

lower export tarrifs encourage production and increase import tarrifs...who benefits China? who looses? American and our Industry

 

Yup.  This is exactly why it's so important the US gets in on the ground floor when it comes to investing & rebuilding Iraq via US contracts.   If we don't do it...China will.