Will US Sanctions On Iraq Drive It To BRICS?

[Luigi1]

Here's an article of Dinarian interests...

Will US sanctions on Iraq drive it to BRICS.

Treat as a rumor.  Not verified.  Your opine.

 

 

From Other Sources:  44 Countries Now Interested in Joining BRICS As Multipolar World Takes Shape: Report.

ARTICLE:  Anlil Sooklal, South Africa’s top diplomat in charge of relations with the bloc, tells Reuters that on top of the 22 countries that have already formally asked to join, there is “an equal number of countries that have informally expressed interest in becoming BRICS members including all the major global south countries.”  

 

At a summit next month, the main topic on the agenda will be how far and how fast to expand the coalition, which is currently only officially made up of Brasil, Russia, India, China & South Africa, but is now dealing with a large lineup of interested entities, including Argentina, Iran & Saudi Arabia.  

 

In a new interview with Russian government-backed RT, Sookal said he and others working within the group have been tasked with prioritizing and organizing an expansion effort for the alliance over the last year or so.  

 

Sookal said that BRICS leaders would be meeting this month to discuss the details on how to welcome more countries into their circle.

 

[Luigi1]

Here's another article related to the above...CBI DeDollarizes...

 

 

Tlm724 Administrator Bondlady’s Corner:   The Difference In The Exchange Rate.

ARTICLE:  Muhammad Sharif Abu Maysam  There is no doubt that the campaign to support the dinar, which was adopted and in which many parties participated with the CBI, contributed significantly to reducing the Dollarization of local markets & strengthening trades and exchanges through the local currency & thus the relative stability of ER after returning to the IQD in the pricing of many Goods & services that were provided in foreign currency.  

 

These achieved results did not come without a series of procedures & controls that contributed to accelerating the necessary steps to expand the space for merchants & citizens to enter the electronic platform, with the aim of addressing the problem of low demand resulting from the state of uncertainty with electronic payment transactions & the reluctance to deal transparently in the procedures for obtaining amounts.  

 

Necessary to finance foreign trade & other activities of individuals.   However, the ER in the parallel market are still unstable and relatively far from the official ER, which creates a big difference between the Dollar exchange rate through the transfer platform to finance foreign trade & the selling prices of imported goods in the local market based on the ER in the parallel market.  

 

This difference contributed & contributes to the ripening of the capital of merchants & exchange offices at the expense of the purchasing power of consumers & also contributed to the penetration of import operations at the expense of the local product due to the low prices of imported goods & the inability of the local product to compete with the importer & accordingly & with the start of work with the largest budget witnessed by Iraq on Throughout its history, which will contribute to moving the market & the flow of cash liquidity,  

 

it is expected that inflation rates will rise, local demand for commodities will increase & profits will accumulate in the import-dependent business environment, as capital owners will increasingly tend to import as a quick-profit & low-risk investment,  

 

in the face of a local product that suffers from uneven competition.  With the importer due to the high costs of energy, manpower & raw materials with the high risks of work in light of the deterioration of electric energy services.

 

On this basis, large proportions of the general budget allocations will go in favor of the importer as he continues his blows to the local product & national capital will suffer in the work environment from unequal competition with private sector imports & local markets will be exposed to the risks of price fluctuations in the exchange rate due to the flow of cash into the markets & increased demand.

 

[coorslite21]

Iraq and OPEC will all join BRICS.  The lunacy of the West going all Green will assure it.

 

Biden basically told Saudi Arabia and the rest, that "green" would put them all out of business.

BRICS on the other hand is pro fossil fuels.

 

Africa is the huge next frontier.....China and Russia have been courting them for years. The US has been left behind.

 

Change is just down the road......IMO.   CL

[Luigi1]

25 minutes ago, coorslite21 said:

Iraq and OPEC will all join BRICS.  The lunacy of the West going all Green will assure it.

 

Biden basically told Saudi Arabia and the rest, that "green" would put them all out of business.

BRICS on the other hand is pro fossil fuels.

 

Africa is the huge next frontier.....China and Russia have been courting them for years. The US has been left behind.

 

Change is just down the road......IMO.   CL

 

Absolutely.

US failure to go on the Gold Standard will leave it in the dust as the rest of the world moves forward.

Over sixty nation & possibly Iraq are interested in joining BRICS.

[Longtimelurker]

The U.S must fall, it's part of the plan to bring in the new Era. Both the evil side and the good side need it to fall so the good side will let it happen on the evil sides watch. This is why i say the crash will happen before Trumps return. We will not be left behind as we will all be equal when it's done. True valued currencies, equal trade agreements etc. "We will all be on a level playing field"- Donald Trump. 

[Luigi1]

Here's the ridiculous from the Goose....He says the IQD is trading upward...IQD is trading downward against the USD...at new lows 172,000 per 100 USD...this comes after UST places more restrictions on Iraq banks...OK who's lying?

 

 

Bruce the Goose:  via  WiserNow:   IQD Is Trading Upward.

ARTICLE: We know the IQD is trading up.  We know the rates that are on the redemption center screens, front screens we know that they’re substantial & very high… This is the front screen rate that will be offered to us…We also know that dong has been pulling up the rear & going up in value as well… I was told by a redemption center person that … it looks like…Thursday, for notifications & it looks like the start of exchanges will be Thursday, Maybe Friday…

 

[Luigi1]

3 minutes ago, Longtimelurker said:

The U.S must fall, it's part of the plan to bring in the new Era. Both the evil side and the good side need it to fall so the good side will let it happen on the evil sides watch. This is why i say the crash will happen before Trumps return. We will not be left behind as we will all be equal when it's done. True valued currencies, equal trade agreements etc. "We will all be on a level playing field"- Donald Trump. 

 

Agree.  US must get on board & play ball & join the new Gold Standard & BRICS.

[Longtimelurker]

8 minutes ago, Luigi1 said:

 

Agree.  US must get on board & play ball & join the new Gold Standard & BRICS.

The US is already on board and ready to go, infact, the US has lead the way. We must crash the old first and I believe Isreal and the US will be last to crash

[rvmydinar]

1 hour ago, Luigi1 said:

IQD is trading downward against the USD...at new lows 172,000 per 100 USD...

The reason behind this is the supply becomes scarce in the country of Iraq, therefore the rate went down. May be the speculators and the currency smugglers have been buying up more dinars. And, the only solution is just RV the IQD at decent rate in order to attract the dinar holders in and out of Iraq to trade in dinar for dollars.

[Snatcher]

4 hours ago, coorslite21 said:

Biden basically told Saudi Arabia and the rest, that "green" would put them all out of business.

BRICS on the other hand is pro fossil fuels.

 

Rev 6:6  And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the OIL and the WINE.

 

[davis411]

35 minutes ago, Snatcher said:

And I heard a voice in the midst of the four beasts say,

And its rider's name was Death, and Hades followed him.

looking for Davis 

but I am hiding in the bushes

can’t find me succkkkaa

 

[Longtimelurker]

Oil doesn't come from fossils, they gave it the name "fossil fuels" to try and make it seem like it will run out. Another crap claim from the greedy $%#^!*$.. oil is plentiful, don't worry about that.. 

 

[screwball]

On 7/27/2023 at 4:36 PM, Longtimelurker said:

Oil doesn't come from fossils, they gave it the name "fossil fuels" to try and make it seem like it will run out. Another crap claim from the greedy $%#^!*$ .. oil is plentiful, don't worry about that.. 

 

💯  it’s self replicating which  means oil never runs out ….as you know another Rothschild scam! To make money for standard oil which owns oil the major oil companies in the world, chevron, Mobil Exxon, etc…pay attention to their branding and colours! 

[screwball]

Rothschilds own all the oil companies 

[cjdavid]

Just went by a HUGE wind mill farm, not sure how many windmills are there in northwestern Ohio. Not one of them was spinning making power. How’s that going to work out for these green idiot fools?

[Longtimelurker]

On 7/28/2023 at 7:15 AM, cjdavid said:

Just went by a HUGE wind mill farm, not sure how many windmills are there in northwestern Ohio. Not one of them was spinning making power. How’s that going to work out for these green idiot fools?

It won't. Is there technology to take transportation away from oil? I believe so but it's not anything released to the public yet... won't be long though.

[screwball]

Nope it will drive Iraq to trade in their own currency and a gold backed and oil backed one at that! This is what people don’t I get…I also hear CBDCs failed and have been put back further to implementation 😂😂

[screwball]

Hot august nights 

[jaman]

ok ,  I have  a lot of BRICS Coins brics canada, brics India, brics china, brics usa, brics russa, brics britian

[screwball]

It’s going to be really interesting what gold prices and silver prices do around August 22nd! If they announce gold backed then BOOM! 

[WheresmyRV?]

2 hours ago, screwball said:

It’s going to be really interesting what gold prices and silver prices do around August 22nd! If they announce gold backed then BOOM! 

Do you think Iraq will revalue when they join the gold backed Brics community?

[Longtimelurker]

17 hours ago, screwball said:

It’s going to be really interesting what gold prices and silver prices do around August 22nd! If they announce gold backed then BOOM! 

Crash before climb?