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Israel adds Chinese RMB to Central Bank reserves for first time, cuts USD holdings
Jerusalem Post ^ | 04/22/2022 | Ben Zion Gad

Posted on 04/23/2022 4:35:32 PM PDT by Jan_Sobieski

Israel, whose foreign currency reserves have traditionally been made up of Dollars, Euros and British Pounds, will add four new currencies – including the Chinese Yuan (RMB).

Israel has added four new currencies – including the Chinese Yuan (RMB) – to its central bank holdings for the first time in the country’s history, Bloomberg reports. Israel’s Central Bank will also trim US Dollar (USD) and Euro holdings in a bid to diversify their foreign reserves.

Israel’s foreign currency reserves, which last year exceeded $200 billion for the first time, have traditionally been made up of USD, Euro and British Pound (GBP) holdings. Israel will now include Canadian dollars and Australian dollars in their foreign currency reserves, as well as the Japanese Yen and the Chinese Renminbi.

Deputy Governor Andrew Abir called the reshuffle a change in Israel’s “whole investment guidelines and philosophy,” adding that the rise in Israel’s foreign exchange reserves forced the Central Bank to consider "the need to earn a return on the reserves that will cover the costs of liability...”

(Excerpt) Read more at m.jpost.com ...


TOPICS: Foreign Affairs; Front Page News; Government; Israel; News/Current Events
KEYWORDS: bidensfault; bkmk; china; dollar; israel; obamasfault; renminbi; shekel; trade; yuan
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To: Jan_Sobieski; All

Brandon’s fault.


21 posted on 04/23/2022 11:53:00 PM PDT by Conservat1
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To: Cen-Tejas

According to the book Spymasters of Israel, the Israelis had identified the USS Liberty as a spy ship which was leaking vital intel coms to Russia because it was compromised. They asked the US DoD to remove it, the US refused. They did what they had to do during wartime to remove the threat.


22 posted on 04/24/2022 12:07:30 AM PDT by Kevmo (Give back Ukes their Nukes https://freerepublic.com/focus/news/4044080/posts)
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To: Dave W

Of course Charlottesville 2017 types or anti Jewish racism like “they can’t be trusted” phrase, or the likes, chases them away from the GOP. Still, Ben Shapiro types are still on GOP.


23 posted on 04/24/2022 12:10:33 AM PDT by Conservat1
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To: delta7

“...Potato Head weaponizing the dollar) is cascading…prepare for $7-10 trillion of USD coming home, petro dollar destroyed, reserve currency status destroyed. It doesn’t happen overnight, but most certainly is in progress.”

And it is coming in the form of inflation. Real inflation, including food and fuel, around 25-30% per year.

Measured the same way they did in 1980, we are already at 25%.


24 posted on 04/24/2022 1:33:45 AM PDT by Basket_of_Deplorables (Putin is behaving rationally.The war is on Biden and Obama. )
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To: Cen-Tejas; All

When will people like you realize, its exactly this venom that you uttered that cost us the election, just like the "contribution" of Richard Spencer that indirectly caused ours / Trump's defeat (which Biden so effective used)?

You don't even believe in the crap you write. But that's the other point.

25 posted on 04/24/2022 2:32:43 AM PDT by Milagros (Y)
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To: Basket_of_Deplorables

Joflation


26 posted on 04/24/2022 2:33:28 AM PDT by Milagros (Y)
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To: Jan_Sobieski

Let china protect isreal


27 posted on 04/24/2022 4:01:51 AM PDT by ronnie raygun
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To: delta7

The dollar is way up. There is zero evidence of reduced demand for dollars out there. And bond yields rising will only increase that.


28 posted on 04/24/2022 5:04:32 AM PDT by rb22982
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To: Jan_Sobieski

Ahh, there’s our “ally” that we give aid to...
Where’s the FR cucks with their kneepads and excuses?


29 posted on 04/24/2022 6:22:16 AM PDT by EEGator
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To: Cen-Tejas

They have done nothing but take our money.
FR Evangelical Christians care more about Israel than America.
Biggest cucks in history.


30 posted on 04/24/2022 6:23:06 AM PDT by EEGator
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To: dennisw; Cachelot; Nix 2; veronica; Catspaw; knighthawk; Alouette; Optimist; weikel; Lent; GregB; ..
Middle East and terrorism, occasional political and Jewish issues Ping List. High Volume If you’d like to be on or off, please FR mail me.
31 posted on 04/24/2022 7:17:46 AM PDT by SJackson (nations that are barren of liberties are also barren of groceries, Louis Fisher)
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To: Conservat1

I’ve read a number of articles on the USS Liberty, and find it interesting that folks still post links to the same ones over and over and over and over and…

Let’s see a hand of each person who doesn’t know about the USS Liberty.

Anyone?

The US got some support from the Arab nations when it went after Iraq.

Israel was asked to let the US handle things, so as not to rock the boat.

Now folks bring up that Israel didn’t help.

In over 27,000 days, Israel went after one of our ships on one.

I don’t like that it did. I don’t like the loss of our men at all.

I still don’t see Israel as it our enemy, and I don’t think God has changed His mind.


32 posted on 04/24/2022 8:49:23 AM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which it stands.)
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To: PghBaldy

If I remember correctly, we asked them not to in order to avoid a larger war on the Arabian peninsula.


33 posted on 04/24/2022 3:35:45 PM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
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To: Milagros

........well Milagros, I have no idea why you would defend a foreign nation killing 34 of our sailors and wounding 172 while we were providing them the very equipment, weapons and money to save themselves in that war and several others and have ever since. You may find it interesting that nobody else seems to agree with you.

Google says your Free Republic code/name is a largely female name of Spanish descent. If you are living in Spain and are of Spanish descent and not an American then your vituperative email to me defending foreign nations killing our sailors is a easier to understand.


34 posted on 04/24/2022 4:39:48 PM PDT by Cen-Tejas
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To: Kevmo

https://stephenlendman.org/2019/08/27/israels-infamous-uss-

In 1972, IDF chief General Haim Barlev said: “We were not threatened with genocide on the eve of the six-day war, and we had never thought of such a possibility.”

Knowing it faced no regional threats, Israel preemptively and aggressively attacked four nonbelligerent Arab states and its key US ally without just cause.

It was no accidental IDF attack on the USS Liberty. Israel knew the ship’s identity, its US flag clearly visible. Good weather conditions made it easy to spot.

Israeli warplanes circled overhead before attacking, at times low enough for US sailors to wave to its pilots.

They waved back before opening fire with rockets, machine guns, and napalm terror-bombs against the lightly armed vessel.

Parts of the deck were set ablaze. Torpedoes launched from IDF boats caused a 40-foot-wide hole in its hull, flooding lower compartments, causing the ship to list 10 degrees, a defenseless smoking hulk, lucky to avoid sinking.

The ship’s radio frequencies were jammed to prevent a distress call for help. When finally able to communicate, it was too late. The damage was done, the human toll testimony to Israeli viciousness.liberty-attack/


35 posted on 04/24/2022 4:55:09 PM PDT by Cen-Tejas
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To: Cen-Tejas

Both of our accounts are straightforward and mostly true. The Israelis knew what they were doing. The US DoD didn’t take it seriously that their ship was jeopardizing the entire war effort.


36 posted on 04/24/2022 4:58:41 PM PDT by Kevmo (Give back Ukes their Nukes https://freerepublic.com/focus/news/4044080/posts)
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To: Cen-Tejas

It was no accidental IDF attack on the USS Liberty.
*** I did not say it was; in fact I said the opposite.


37 posted on 04/24/2022 5:21:11 PM PDT by Kevmo (Give back Ukes their Nukes https://freerepublic.com/focus/news/4044080/posts)
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To: Cen-Tejas
.................other than hold the muzzies in check can anyone name anything Israel has done for America?
You seem to have forgotten the Cold War. The Arabs were allied to the Soviets. Arab defeats were Soviet defeats and equipment captured by Israel or defected to it like the Mig-21, was sent to the US for analysis. Israel actually fought the Soviets in 1970 in the Sinai. Lately, ISrael has helped stop the nuclear weapon program of a country at war with America, despite the treason of the Obama and Biden regimes.

The USS Liberty incident was a terrible accident. The criminals in the NSA have never been held to account

38 posted on 04/24/2022 7:57:31 PM PDT by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers." )
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To: Pollard
The diaspora is over. Israel exists.
Jews have a role to be a nation for priests. Those not doing so are rejecting this.
39 posted on 04/24/2022 7:58:48 PM PDT by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers." )
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To: EEGator
ISrael has given up land and rewarded terrorists with Jewish blood on their hands to help the US. Israel gave teh US soviet equipment. Israel kept the Soviets from controling the Middle East.

Stop being a cuck for the Kremlin and Tehran

40 posted on 04/24/2022 8:01:07 PM PDT by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers." )
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