America is tightening Iraq’s financial grip with the SWIFT system.

Economic expert, Faleh Al-Zubaidi, confirmed today, Thursday, that the United States of America is using the global financial transfer system “SWIFT” as a tool for political and economic blackmail, exploiting its dominance over the international financial system to impose pressure on countries that do not align with its interests, most notably Iraq.

Al-Zubaidi said in a statement to Al-Maalouma Agency, “The SWIFT system is used for global bank transfers, but it is actually subject to American control, which makes it an effective tool for punishing countries that deviate from the American line.”

He pointed out that “Iraq is now on the list of countries targeted by the policy of hidden financial sanctions, in order to impose American dictates on its government.”
He added that “the severe restrictions Baghdad is suffering from in international financial transactions fall within the policy of economic pressure, and it is a repetition of what happened with Russia, Iran and China.”

Al-Zubaidi warned that “the continued American control over SWIFT poses a direct threat to Iraq’s financial security and economic sovereignty.”

Almaalomah.me