Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

riversedge

(70,362 posts)
Sat Jan 11, 2020, 07:13 PM Jan 2020

WSJ: Trump Admin Threatened Iraq's Access To NY Fed Account Over Proposed Troop Withdrawal

Source: TPM



January 11, 2020 2:01 p.m.

........................................

The Wall Street Journal reported Saturday that the State Department threatened to cut off Iraq’s New York Fed account in a phone call Wednesday with Prime Minister Adel Abdul-Mahdi, according to unnamed Iraqi officials. The resulting cash shortage would hurt Iraq’s economy.

Many countries maintain accounts with the New York Fed in order to store government revenue in the form of U.S. dollars. In Iraq’s case, much of that comes from oil sales.

The State Department didn’t respond to TPM’s request for comment on Saturday.

Abdul-Mahdi and Iraq’s parliament have called for American troops to exit the country following the killing, ordered by President Donald Trump, of the top Iranian general Qassem Soleimani outside Baghdad International Airport a week ago.

Trump in turn threatened to sanction Iraq if U.S. troops were expelled. The State Department has refused to recognize Iraq’s call for the troops to leave...................................

Read more: https://talkingpointsmemo.com/news/wsj-trump-admin-threatened-iraqs-access-to-ny-fed-account-over-proposed-troop-withdrawl

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

Bernardo de La Paz

(49,052 posts)
1. If there is a way tRump can swing a punch at an ally he will look for it. Wouldn't want
Sat Jan 11, 2020, 07:20 PM
Jan 2020

Wouldn't want them to become allies of Russia or buy missile systems from Russia, now would we?

Oh. Wait.

 

ChiTownDenny

(747 posts)
12. Iraq could require internationally accepted agreements
Sun Jan 12, 2020, 11:26 AM
Jan 2020

from USA to release Iraqi money in exchange for internationally accepted agreements for releasing the 5,000 or so American troops now imprisoned.

alwaysinasnit

(5,077 posts)
2. Holding these funds hostage might have been how the US wrangled an "invitation to stay in Iraq"
Sat Jan 11, 2020, 07:28 PM
Jan 2020

from the fledgling government after we invaded their country?

progree

(10,926 posts)
5. So are they formally a Territory of the U.S.? Possession? Colony? Can they opt for statehood?
Sat Jan 11, 2020, 08:21 PM
Jan 2020

Last edited Sun Jan 12, 2020, 02:41 AM - Edit history (3)

Since they don't have sovereignty and must accept our occupying troops ...

satrapy? dependency? protectorate? province? settlement? Untermenschen?

Response to riversedge (Original post)

benld74

(9,911 posts)
9. I didn't even blink reading this,,
Sat Jan 11, 2020, 09:51 PM
Jan 2020

Nothing surprises me anymore

Guess I’ve gone numb after these years

KY_EnviroGuy

(14,498 posts)
11. One might be tempted to predict Iraq may move their money elsewhere....
Sun Jan 12, 2020, 02:48 AM
Jan 2020

Last edited Sun Jan 12, 2020, 08:20 AM - Edit history (1)

and perhaps do their trading in Euros.......

I thought there must be a provable national security threat to the United States for us to withhold funds of another nation. Otherwise such a move would be nothing less than international piracy.

So, please tell me again how Iraq possibly running our troops off their territory is a threat to our national security, and why we need five bases or camps on their soil.

Latest Discussions»Latest Breaking News»WSJ: Trump Admin Threaten...