Shocking Truth: U.S. Bank Sanctions Backfired Jordan Profits While Iraq Suffers! episode artwork

EPISODE · May 5, 2025 · 35 MIN

Shocking Truth: U.S. Bank Sanctions Backfired Jordan Profits While Iraq Suffers!

from My FX Buddies · host Tish Washington

Economist: Jordan is the biggest beneficiary of Washington's decisions against Iraqi banks.link to My FX Buddies BlogAre U.S. sanctions really fighting corruption — or just shifting power in the Middle East?If you 'd like to support My FX Buddies:https://cash.app/$tishwashGet a free transcript at https://rss.com/podcasts/myfxbuddies/In this eye-opening video, we break down the controversial decision by Washington to restrict dozens of Iraqi banks under the pretext of stopping dollar smuggling to Iran and China. But instead of halting illegal flows, the move appears to have backfired — increasing remittances and opening the door for Jordanian banks to dominate Iraq's financial sector.Join me as I unpack what economist Manar Al-Obaidi says about who really benefited from these sanctions and why this may have more to do with geopolitics than economic reform.If you're interested in Middle East politics, U.S. foreign policy, and the behind-the-scenes moves that shift power and wealth, this is a video you don't want to miss.👉 Don’t forget to like, comment, and subscribe for more analysis on economic and political trends shaping our world.

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Shocking Truth: U.S. Bank Sanctions Backfired Jordan Profits While Iraq Suffers!

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