NEWS

    US HOLDS IRAQ’S ECONOMY HOSTAGE, THREATENS TO BLOCK VITAL BANK

    Updated: January 13, 2020 at 12:19 pm EST  See Comments

    Originally Published on This Site

    ACCOUNTS IF ITS TROOPS ARE EXPELLED, BIBLICAL PROPHECY UNFOLDING RIGHT FOR OUR EYES…

    The US threatened Iraq that it risks losing access to its government bank account if Baghdad expels the US troops deployed in the country, following a US strike that assassinated Iranian General Qassem Soleimani on its soil, according to unnamed Iraqi officials, cited by the WSJ.

    The State Department warned that the U.S. could shut down Iraq’s access to the country’s central bank account held at the Federal Reserve Bank of New York.

    Essentially, if the report is true, it means that the US carrying out economic blackmail in order to pursue its interests and is keeping Iraq’s economy hostage.

    The account in question is crucial to the management of Iraq’s oil revenues and its overall financial stability.

    According to the most recent financial statement from the Central Bank of Iraq, the bank held almost $3 billion in overnight deposits at the close of 2018.

    The report came a day after Trump threatened to seize $35 billion of Iraqi money held in US banks if the country insists on having American forces withdrawn from Iraq.

    Trump said he had told Iraqi Prime Minister Adel Abdul-Mahdi that Iraq “should pay back the United States for its investments in the country over the past several years or the American military will stay there.

    “I said, ‘If we leave, you got to pay us,’” Trump told Fox Newsin the White House. “If we leave … you have to pay us

    The remainder of this article is available in its entirety at HNewsWire

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