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Iraq's Wealth & Washington - Is it Financial Plunder?

Iraq's Wealth & Washington - Is it Financial Plunder?

Published 1 week ago
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A major accusation is coming from Baghdad. My FX Buddies Blog link Zuhair al-Jalabi, a member of Iraq's Coordination Framework, says the United States continues to exert significant influence over Iraq's political, economic and security decisions. According to the statement reported by Al-Maalomah, al-Jalabi argues that U.S. influence has expanded beyond politics and security into Iraq's financial system and economic affairs. He further accused the Trump administration of seeking greater control over Iraq's funds, resources and vital economic sectors. Those are al-Jalabi's allegations—but there is another part of this story that is independently documented. Reuters reported in September that Iraq's oil revenues continue to flow through the dollar-based financial system, with Iraqi oil revenue held through a Central Bank of Iraq account at the Federal Reserve Bank of New York. Reuters also reported that this arrangement gives Washington significant economic leverage, while Iraqi officials say it provides financial stability, protects oil revenues and facilitates access to dollars for international trade. So the bigger question is: How much influence does Washington actually have over Iraq's financial system—and where does Iraqi sovereignty begin and U.S. financial leverage end? In this episode, we'll break down al-Jalabi's accusations, the Federal Reserve connection, Iraq's oil revenues, dollar access, and the changing relationship between Baghdad and Washington. Important: This video distinguishes between statements and accusations made by Iraqi political figures and independently reported facts. Following Iraq's Story — Don't Give Up. 💰🔥 I covered some other interesting articles Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥 https://tinyurl.com/godhastheanswers 📌 Disclaimer: This video is for news, commentary, and educational discussion. It is not financial or investment advice. The information presented reflects the source material and analysis available at the time of publication. #Iraq #iraqiDinar #iqdrv #IraqiDinar #Dinar

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