Replies to post #21370 on Encompass Holdings (ECMH)

[trip01fun]

Another military industrial complex. Domino? Iqd. “In a startling development the United States has closed the account through which Iraq collects revenue form its oil sales...the Development Fund for Iraq (DFI). The DFI...served as a lifeline for Iraq to collect and manage its oil revenues. Iraq maintained this account with the US Federal Reserve Bank allowing it to receive oil revenues in dollars and use them to cover essential expenses in accordance with agreements with the United States...With the closure of the DFI account, Iraq's oil revenue is being directed to a new account, cryptically referred to as IraqQ2...”