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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The strategic agreement and the international chapter VII allow Iraq to request assistance from Amer

    rocky
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    The strategic agreement and the international chapter VII allow Iraq to request assistance from Amer Empty The strategic agreement and the international chapter VII allow Iraq to request assistance from Amer

    Post by rocky Mon Jan 30, 2023 8:02 am

    [size=38]The strategic agreement and the international chapter VII allow Iraq to request assistance from America regarding the rise in the dollar[/size]


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    January 29, 2023[You must be registered and logged in to see this link.]
    Baghdad / Obelisk: The legal expert, Ali Al-Tamimi, spoke on Saturday, January 28, 2023, about legally resolving the problem of the high exchange rate of the dollar.
    Al-Tamimi said, in a statement to Al-Masalla, that the US federal measures led to an increase in the price of the dollar, and this affected the economic security in the country, indicating that the current government can request from the United States of America, according to Article 27 of the strategic agreement between Iraq and America for the year 2008, to request economic assistance. Attached to this are the measures taken by the new government in terms of investigation and administrative replacement of the Central Bank Governorate.
    He added that Article 50 of the Charter of the United Nations allows countries that fight organizations placed under Chapter VII to request economic assistance from the Security Council, noting that the ISIS file falls under Chapter VII according to Security Council Resolution 2170 of 2014 … and countries such as Britain and France have expressed their willingness to help Iraq.
    In Iraq, the Iraqi dinar fell against the high exchange rate of the dollar.
    The rise in dollar prices disrupted the commercial movement in the local markets, which contributed to the rise in food and consumer prices, especially in the wholesale markets.
    The Iraqi government tried to control this rise and launched a series of measures, including facilitating the financing of private sector trade in dollars through Iraqi banks, and opening outlets for selling foreign currency in government banks to the public for travel purposes.
    The writer, Adnan Abu Zeid, attributes the currency collapse to political factors, saying: Every political system has its price in dollars, and every regional role has its price.
    And he added: Bowing down is not promised by wars and sieges, but rather by humiliating the currency.
    And he considered that the currencies of the Gulf are high, not because of oil, but because they are a close friend of the dollar.
    And Bloomberg newspaper said in a report that the Federal Reserve knows how to raise interest rates, so that the dollar escapes from the rioting countries, and its currency falls to the bottom.
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