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 ...
Here’s the deal with inflation - it means anyone holding American dollars are losing value. That includes Israel - and it includes American citizens. All of us are being screwed over by the Biden Administration.
..........no, I haven’t forgotten that Israel has been a friend to the U.S. on occasion. But, being a former sailor myself, I still can’t stomach what Israel did that day and do not agree that to patriot’s it was justifiable in any way.
I don’t know about the NSA. So, I really can’t comment on the subject.
My ‘baseline assumption’ is not an “assumption”. This attack went on for hours. The pilots of the attacking aircraft were so close the sailors on the Liberty were waving at them. US Flags were flying. So, “intent” was absolutely there. Israel KNEW exactly who they were attacking and exactly what they were doing. Even their own high officers admitted that years/decades later.
Where and when did high ranking Israeli officers admit purposely attacking what they knew was an American ship?
Bastante Tejanos que so de acuerdo conmigo.
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