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Agency works to end Iran’s manipulation of Iraq, temper China’s growing influence | News Sponsored by TrumpShop.net

by TrumpShop.Net on Oct 28, 2018

Iraqi protesters chant slogans demanding services and jobs during a demonstration in Tahrir Square, Baghdad, Iraq, July 14. (AP Photo/Hadi Mizban, File) As the Trump administration takes an increasingly tough stance against Iran, a country it calls the world’s number one state-sponsor of terrorism, one small government agency is working strategically to untangle other countries who have developed a deep dependency on Tehran – namely Iraq. “Iraq currently gets one hundred percent of their electrical power from Iran. We are helping to finance power plants and transmission grids to make them independent of Iranian electricity,” Ray Washburne, President and CEO of the Overseas Private Investment Corporation (OPIC) which functions as a “self-sustaining” U.S agency that assists American businesses in emerging markets. “Iraq having its own power means the industry can build up. Right now Iranians can shut them off at any time.” Exaclty that happened over a sweltering Middle East summer. Tehran suddenly stopped supplying electricity to Iraq in July due to unpaid bills, and a spike in Iran’s own needs. The move sparked unrest and protests across Iraq, with people taking to the streets to protest Iran’s burgeoning influence. Along with the energy section, Iraq’s economy remains so tightly connected that Baghdad is set to request exemptions from Washington regarding some of the sanctions being re-imposed on Tehran. Ray Washburne, President and CEO of the Overseas Private Investment Corporation (OPIC) which functions as a “self-sustaining” U.S Government agency. (Fox News/Hollie McKay) President Donald Trump pulled the United States out of the JCPOA, better known as the Iran Deal, in May and reestablish hefty trade sanctions – some of which have already taken effect, while others won’t be enforced until November. Washburne said its cr

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