Discover and read the best of Twitter Threads about #dollars

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According to the @WSJ the Iraqi #government has bank accounts with the U.S. Federal Reserve, where its #dollars are kept, which the Iraqi economy relies upon could be frozen should Iraq violate #sanctions politico.com/magazine/story…
#Iran has deliberately flooded Iraqi market with cheap imports and foodstuffs. This has undercut Iraq agriculture by decreasing demand4 homegrown products that R more expensive. Even if Iraq were2 stop buying these goods #farmers would not B able2 produce enough supplies at home
Iran has political leverage, too. Since the May 12 national #election Iraq’s political elites have been unable to form a government in part because of enormous pressure from #Tehran to install politicians in their favor. Iran’s loyalists succeed and dominate the new government...
Read 4 tweets
Holy COW !!
The people of #Turkey need to take action NOW or else this madman #Erdogan will take them to Stone Age era in weeks !
“If they have dollars, we have our Allah,” says #Erdogan to the economic meltdown in #Turkey and the record devaluation of the #Turkish lira against the U.S. dollar.
@aykan_erdemir
The #TurkishLira has weakened to a record low. Here's what #Turkey's president might say in a speech later today. @markets
Read 5 tweets

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