Henig: IMO: Going away from the Dollar is getting contagious, ain’t it? Nothing is being done in a vacuum. It’s all related.
Brazil and Argentina are preparing for a single monetary currency
2023-01-22 09:41
Shafaq News/ The Financial Times reported, on Sunday, that Brazil and Argentina intend to announce this week the launch of preparations for adopting a unified currency.
The newspaper quoted officials as saying that the plan, which will be discussed at a summit in Buenos Aires this week, will focus on how the new currency, which Brazil proposes to call the (sur) “South,” can boost regional trade and reduce dependence on the US dollar.
“There will be a decision to start studying the necessary criteria for a common currency, including everything from financial matters to the size of the economy and the role of the two central banks,” Economy Minister Sergio Massa told the newspaper.
Politicians from both countries had already held discussions about the idea in 2019, but it was met with objection from the Brazilian Central Bank at the time.
The report stated that the initiative will be launched as a bilateral project at first, and that it will be expanded later to invite other countries from Latin America, adding that an official announcement is expected during Brazilian President Luiz Inacio Lula da Silva’s visit to Argentina, which begins on Sunday evening. LINK
Argentine and Brazilian currency
Sandy Ingram Urgent Urgent news…it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq…it appears the United States government is placing checks on currency auctions…the check and balances system are hurting Iraq’s public finances. [Post 1 of 2….stay tuned]
Sandy Ingram Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling…The Iraqi government depends on the auctions to convert dollars…they sell oil in U.S. dollars and then they turn around and change it into the Iraqi dinar for the Iraqi dinar economy…the problem Iraq is facing now is Iraq does not have enough Iraqi dinars and because of this they do not have enough money to pay government workers salaries and other obligations. [Post 2 of 2]
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LIVE! MARKETS A LOOK AHEAD Cost Of Living Crisis Worsening.
Greg Mannarino: 1-22-2023
https://www.youtube.com/watch?v=2RreHmFX64w
Saudi Arabia Is Breaking Away From The Dollar System – Shock In Davos!
Sean Foo: 1-21-2023
Saudi Arabia has confirmed it, they are moving away from the US dollar for their trades! This is groundbreaking because the world now knows they can bypass the dollar and start to de-dollarize.
Here’s what you must know about this shocking admission and how the world order, especially gold, will be affected!
Timestamps & Chapters:
0:00 Saudi Arabia Wants Other Currencies
1:15 The Saudis Need The World
3:43 The Threat Of Sanctions & Price Caps
6:05 Breaking Away From The Dollar
8:22 De-globalization Is Great For Gold
11:32 The World Order Is Shifting
https://www.youtube.com/watch?v=59OMypt0sn0
