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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    An economist warns of the dangers of lifting protection from Iraqi money abroad

    Rocky
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    • Post n°1

    An economist warns of the dangers of lifting protection from Iraqi money abroad Empty An economist warns of the dangers of lifting protection from Iraqi money abroad

    Post by Rocky Sun 12 Jan 2020, 1:32 am


    An economist warns of the dangers of lifting protection from Iraqi money abroad

    09:15 - 12/01/2020



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    Economic expert Qusay Safwan warned, on Sunday, of the dangers of lifting protection from Iraqi money abroad, pointing out that [You must be registered and logged in to see this link.] should diversify into foreign currencies and keep its money and bonds away from the risks of economic war.
    Safwan said in a statement to the "information", that "facing the American treasury and its penalties in the event of lifting the protection system on Iraqi funds will expose the country to the threats of creditors, especially that [You must be registered and logged in to see this link.] has 32 billion dollars in treasury shares in America, and once the protection is lifted it will be threatened."
    He added that "Iraqi funds outside of America can be frozen and creditors demand their dues, and therefore the Finance Ministry is supposed to try to reduce the risks of imposing these sanctions by converting them into assets and bringing them into the local environment in order to avoid the risks of the American embargo."
    He pointed out that " [You must be registered and logged in to see this link.] is supposed to avoid sanctions by diversifying foreign currencies and not neglecting the financial protection system in Washington," pointing out that "Iraqi monetary fiscal policy is free in the process of withdrawing funds in Washington, but in practice, [You must be registered and logged in to see this link.] betting on the strength of the dollar and the stability of American bond prices and the process Transferring the cash reserve to another environment may indicate that the monetary fiscal policy has begun to withdraw from the dollar economic environment and this will expose [You must be registered and logged in to see this link.] to economic risks.
    He stressed that "the Iraqi economy is dollar, and therefore it is assumed that there will be a reduction in the severity of tensions, as it is possible to take advantage of the gold reserves to reduce the risks of threatening the Iraqi economy, through trading in this mineral." 25 n ended


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