Major Move! Iraq to Prohibit Dollar Cash Withdrawals and Transactions Starting 2024.

🌍 Iraq Bans US Dollar: A Shift in Global Economics 💰 In a groundbreaking move reported by Reuters on October 5th, Iraq’s Central Bank has declared that starting from January 1st next year, all cash withdrawals and transactions within Iraq will no longer involve the US dollar. This significant policy shift carries substantial political and economic implications. 🇮🇶 Iraq’s Economic Dilemma: Discover the complex relationship between Iraq and the United States and how US sanctions have led Iraq to reduce its economic dependence on the US. 💸 De-Dollarization Efforts: Learn how Iraq’s Central Bank aims to combat illegal US dollar use and promote “de-dollarization“ within the country. 🌐 Global Implications: Understand the broader global trend of countries seeking to reduce reliance on the US dollar in international trade and its potential consequences for the United States. 🇷🇺 Russia’s Role: Explore how Russia has been at the forefront of this movement, significantly increasing the use of the ruble and yuan in international trade and challenging the dollar’s dominance. 💹 Yuan’s Ascendance: Witness the yuan’s remarkable rise as the most favored currency among Russians and its increasing usage in Russia’s trade with third countries. 💼 Geopolitical Impact: Analyze the impact of these shifts on geopolitics, international sanctions, and the global financial system. 🏦 Digital Yuan and CIPS: Learn about China’s initiatives to develop a digital yuan and establish its Cross-Border Interbank Payment System (CIPS) as alternatives to traditional financial systems. This transformative global economic shift challenges the status quo and highlights the changing dynamics of international trade and finance. Join us in exploring the implications of Iraq’s decision and the broader trends shaping the future of global economics. #Iraq #USDollar #DeDollarization #GlobalEconomics #Ruble #Yuan #Geopolitics #Sanctions #FinancialTrends 💯TOP 3 Video China Shocks Yellen With Massive Selling of U.S. Bonds and Buying of Gold ▶ China to Accelerate Dumping of Up to $800bn U.S. Debt ▶ Swiss Sells $36.4 billion U.S. Treasuries ▶ ━━━━━━━━━━━━━━━━━━━━━ ✅ COPYRIGHT DISCLAIMER Asian Quicktake Doesn’t Fully Own Some of the Materials Compiled in Its Videos. It Belongs to People or Organizations Who Ought to Be Respected. If Used, It Falls Under the Following Provisions: Copyright Disclaimer Section 107 of the Copyright Act 1976. “Fair Use“ is Allowed for Purposes Such As Criticism, Comment, News Reporting, Teaching, Scholarships, and Research. ━━━━━━━━━━━━━━━━━━━━━ ✅ If You Are the Owner of the Materials Used in This Video, Let us Know in the Comments or Send a Email to me. We Will Follow Your Request Immediately. ━━━━━━━━━━━━━━━━━━━━━ ✅ FINANCIAL DISCLAIMER This Channel’s Content Should Not Be Interpreted or Construed As Financial Advice. We Are Not, and Do Not Claim to Be, an Attorney, Accountant, or Financial Advisor. This Channel’s Content is Not a Substitute for Financial Advice and is Solely for Entertainment Purposes.