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

Author
Tish Washington
Published
Mon 05 May 2025
Episode Link
https://podcasters.spotify.com/pod/show/tish-washington8/episodes/Shocking-Truth-U-S--Bank-Sanctions-Backfired-Jordan-Profits-While-Iraq-Suffers-e32d032

Economist: Jordan is the biggest beneficiary of Washington's decisions against Iraqi banks.link to My FX Buddies Blog

Are 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.

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