Iraq Adopts the Chinese Yuan instead of U.S. Dollars!!!

The Iraqi central bank announced Wednesday that, for the first time, it plans to allow trade from China to be settled directly in Yuan instead of the US$$ to improve access to foreign currency. Iraqis are seeing where the trend is headed and do not want to be left behind. Look no further at the countries that are moving from the US$: China, India, Turkey, Iran, Russia, and Saudi Arabia. Link to articles: https://thecradle.co/article-view/21524/washingtons-dollar-and-stick-ploy-with-iraq https://www.libertynation.com/iraq-ditching-us-dollars-for-yuan-in-china-trade/#:~:text=Iraq%20Dumps%20Dollars%20x%20The%20Putin%20Price%20Hike,institution%E2%80%99s%20efforts%20to%20improve%20access%20to%20foreign%20currency. About David: Dr. Oualaalou served a fifteen-year career in the United States Armed Forces in support of the US government’s security agencies in Washington DC and around the world. His primary roles include security policy, intelligence analysis, security operations advice including leadership and managerial operations. He advised high-profile U.S. military and civilian officials on security issues, economic trends, and foreign military threat information. He has written many articles and books including his latest, The Dynamics of Russia’s Geopolitics: Remaking the Global Order. Join this channel to get access to perks: https://www.youtube.com/channel/UCAlDvZvtHsjbGJPvqlO8BEg/join DISCLAIMER: My channel, “Geopolitical Trends” is purely made for Educational & Information purposes, based on facts, published articles, and personal analysis. COPYRIGHT DISCLAIMER: It is important to note that under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing.