Friday, February 16, 2024

"IRAQI DINAR INVESTMENT TAX IMPLICATIONS CURRENCY INSIGHTS AND REVALUATI...

Barzani and Guterres discuss protecting Iraq’s stability, 17 FEB

Barzani and Guterres discuss protecting Iraq’s stability

 The President of the Kurdistan Region Nechirvan Barzani and the Secretary-General of the United Nations Antonio Guterres stressed the protection of the stability of Iraq, which is important for the whole region.

Barzani met with Guterres in Munich, on Friday, on the sidelines of the Munich Security Conference, and discussed the security and political situation in Iraq, challenges and risks to security and stability in Iraq and the region in general.
 

https://alforatnews.iq/news/بارزاني-وغوتيريش-يبحثان-حماية-استقرار-العراق

"RV UPDATE" BY MARKZ, 16 FEB

 MarkZ  

 [via PDK] 

 Question:  Any chatter from RVcenters...?  

MarkZ:  I know my RV center folks are planning to be on call this weekend.

 ”The Central Bank of Iraq decides to restore the mechanism of financing foreign trade to Iraq starting next March”When they say “Next March” They mean this March of 2024 What does this mean 

This is all about foreign currencies and International Acceptance!   We have been looking for some of these announcements and now we are getting them. They want to strengthen the dinar…This is really great. This is all about international Trade and movement of money.

Comment:  I hear they are moving forward wihin 10 days. MarkZ:  I was told that their goal is by the 20th…but I could live with 10 days…by the end of February...My gut is screaming we will see this in the month of February based on the number of requests to keep us quiet and  the banking anticipation …And, a number of sources say we could get it by the 20th now...I think everything is done and we are just waiting on them to release it...My contacts in Iraq are telling me this…as well as bankers and government contacts. …Things are screaming at us that we are close.
https://dinarevaluation.blogspot.com/2024/02/rv-update-by-markz-16-feb.html

Breaking News Iraq's Government Set to Receive Crucial Funding & Exchang...

Prime Minister Receives NATO Joint Forces Commander,17 FEB

 Prime Minister Receives NATO Joint Forces Commander

Earth News / Prime Minister Mohammed Shiaa Al-Soudani received today, Friday, the commander of the Joint Forces of the North Atlantic Treaty Organization (NATO), Admiral Stuart Munch,

A statement from his media office said “Earth News” said that this came on the sidelines of a participation in the Munich Security Conference 2024, indicating that the meeting reviewed the overall security situation in the region, and cooperation between the NATO mission and the Iraqi security authorities, especially in the field of training and intelligence coordination.

It was also discussed “on a number of issues related to logistical support for the NATO mission operating in Iraq, after the withdrawal of the international coalition to fight ISIS, and the Netherlands taking over the mission of the alliance mission next May.”

The Prime Minister praised “the level of cooperation between the Iraqi armed forces and NATO, and coordination in promoting regional and international security and stability.”

For his part, Admiral Munch expressed his appreciation for the government’s facilitation and support for the NATO mission, operating in Iraq.

"THINGS WILL BEGIN TO MOVE INTO PLACE THIS COMING WEEKEND" BY GINGER'S LIBERTY LOUNGE ROOM, 16 FEB

  GINGER'S LIBERTY LOUNGE ROOM

💢I can't say too much, but I'm hearing that things will begin to move into place this coming weekend. Significant. Just remain in faith and prayerful that it really happens this time.


These posts kinda reinforce what I've been told by several sources:  


⬇️ Tap to expand as there's multiple you might want to see ⬇️

https://x.com/Back4TheStorm/status/1758239922723361107?s=20

Breaking News, Iraq's Big News Revealed! Exchange Rate Update Within 10 ...

Prime Minister: The development road project is a large economic corridor linking the port of Faw with Europe via Turkey, 17 FEB

 Prime Minister: The development road project is a large economic corridor linking the port of Faw with Europe via Turkey

Economy News - Baghdad

Prime Minister Mohamed Shia Al-Sudani confirmed on Thursday that the development road project is a large economic corridor linking the port of Faw with Europe via Turkey, while revealing that the port will be opened in mid-2025.

The Prime Minister's Media Office said in a statement, seen by "Economy News", that "Prime Minister Mohamed Shia Al-Sudani attended a dialogue seminar held on the sidelines of his official visit to the Netherlands, in the presence of a group of businessmen and representatives of 40 Dutch companies."

Al-Sudani pointed - according to the statement - to "bilateral relations with the Netherlands, and the aspiration to develop them, especially in the economic aspect," stressing, "Iraq is going through a state of recovery today, at various levels, after overcoming the stage of the war on ISIS, in which the Iraqi people won, with the support and backing of the international community, and the Netherlands was among the countries supporting these efforts."

On the other hand, he added, "We asked the international coalition to end its 10-year mission in Iraq, in light of the readiness and efficiency of the Iraqi security services," noting, "The government has priorities, including reforming the Iraqi economy, and we cannot continue to rely on oil revenues only."

He continued, "We are moving on two tracks: the first is to achieve reforms in various economic, banking and financial sectors, and gas investment, and the other is to implement projects that provide jobs and meet our needs of services and goods," explaining that "Iraq imports annually $ 70 billion of goods (2020), and with the Netherlands we have imports of about $ 500 million annually."
"We have started the program of optimal water use, in the conditions of scarcity that the region and the world are experiencing," he said.

He added, "We supported farmers and farmers in the acquisition of modern irrigation systems, and we are trying to invest successful experiences in the Netherlands to confront water scarcity in Iraq," noting that "one of the outputs of the meeting with the Dutch government is the formation of a cooperation council between Iraq and the Netherlands, to follow up on all files, including the Agriculture and Water Committee."

The prime minister stressed, "We succeeded in approving a three-year budget, which is a message of stability in the implementation of projects without delay," noting that "the Iraq Fund for Development will enter with the private sector in the implementation of projects away from the government, whose role will be planning and organizing."

For the first time, the government provides sovereign guarantees to the private sector of up to 85% for any project being implemented," he said.

We need a group of factories that provide construction materials for new cities and invest in existing natural resources," he said, adding, "Iraq has adopted the development road project, which is the large economic corridor that connects the large port of Faw to Europe through Turkey, all the way to the port of Rotterdam."

He also pointed out that "the development road saves time and transportation costs, and will contain railways without stopping," pointing out that "the large port of Faw will witness the light and opening in mid-2025, and one of the ships has docked a trial berth on one of its five berths."

He added, "We submitted the draft law on economic amendments, which will provide an attractive environment for the private sector, and provide a percentage of ownership for the foreign company up to 100%."

We have embarked on a radical reform of the financial and banking sector, and procedures related to compliance with international standards in remittances," he said, stressing that "international and Arab banks have begun to open their branches in Iraq."

He pointed out that "all nationalities are currently working in Iraq, and at the level of the European Union, there are French, Italian, German, Spanish and Austrian companies, as well as Asian, Arab and from the countries of the region."

He concluded by saying: "There is a will and work at all levels of Iraqi state institutions to move to a better reality”

"RV UPDATE: INTERNET GROUP" BY BEARDED PATRIOTUSA, 16 FEB

 BEARDED PATRIOTUSA

ONCE AGAIN FAMILY……this is referring to the actual “PUBLIC” that has no idea regarding our internet group!!!!   If you want to go directly to a bank and get a much lower rate, GO RIGHT AHEAD!  


But, if you want to receive a maximized return on your currency/bond(s), wait for the 800 and set an appointment at a designated Redemption Center!!!  It’s that plain and simple………


Iraqi Dinar🔥Good News For Iraqi Dinar Investors Today 2024🔥iraqi dinar r...

Within 10 months. About 318,000 cargo trucks crossed from Iran to Iraq, 16 FEB

  Within 10 months. About 318,000 cargo trucks crossed from Iran to Iraq

Twilight News / The Director General of Customs of the Iranian province of Kermanshah, Ali Asghar Abbaszadeh, announced on Thursday, that about 318 thousand trucks loaded with various goods crossed through the port of Kermanshah to Iraq in ten months.

Quotes Iranian Mehr Agency, in a report translated by Shafaq News Agency, about Abbaszadeh, He said that the number of trucks exporting goods in ten months of this year (the Iranian year) starts on March 21), which crossed into Iraq from Kermanshah customs amounted to 317,000 and 898 trucks.

He added That the customs of Pervizkhan border with Iraq had the largest share of trucks carrying Goods, numbering 119,039 trucks.

Noted The share of Khosravi customs in trucks amounted to 79,542 trucks, and Sumar customs 61 Two thousand and 237 trucks, and Sheikh Saleh customs 35 Two thousand and 285 trucks, and the Shoshmi customs had a quota of 22 thousand and 795 trucks.

And seal Abbaszadeh said that the total load of exported trucks amounted to 6 million and 75 thousand and 865 tons, pointing out that the value of these goods amounts to two billion and 587 million dollars, and one of the most important commodities Export rebar, iron, ceramic tiles, building stones, fruits vegetables, dairy products, all kinds of plastic products, containers that Disposable use.

"ANALYSIS OF IRAQ NEWS:AL-MANDALAWI: THE COMING WEEKS WILL WITNESS THE LEGISLATION OF THE LAW ENDING THE AMERICAN PRESENCE IN IRAQ" BY MNT GOAT, 16 FEB

AL-MANDALAWI: THE COMING WEEKS WILL WITNESS THE LEGISLATION OF THE LAW ENDING THE AMERICAN PRESENCE IN IRAQ

Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, announced on Wednesday that “the coming weeks will witness the legislation of the law ending the American presence” in Iraq, with Baghdad and Washington resuming talks on scheduling the withdrawal of international coalition forces from the country and ending their presence there.

A statement from the office of the First Deputy Speaker of Parliament, a copy of which {Al-Furat News} received, stated that Al-Mandalawi “received, today, Wednesday, the head of the Iranian judiciary, Gholam Hossein Ejei, and his accompanying delegation, in the presence of a number of representatives and the Iranian ambassador to Iraq, Muhammad Al-Sadiq.”

Al-Mandalawi stressed that “the repeated American attacks on Iraqi sites and figures are in violation of international law and would disturb relations between the two countries,” expressing the House of Representatives’ keenness to implement its previous decision to remove foreign forces from the country, while stating that the coming period will witness the enactment of a law to completely end their presence, and that Iraq is a country a strong person who does not need foreign forces to protect him, calling at the same time on Arab and Islamic parliaments to enact laws to hold the Zionist entity and the countries that support it accountable and to criminalize relations with them.”


 Al-Mandalawi said, “The legislative authority is keen to strengthen relations with all countries of the region and neighborhood, and it believes in cooperation and integration with the Iraqi executive and judicial authorities, and supports bilateral agreements and treaties in the field of judicial and legal cooperation between the judicial authorities of the two countries, stressing that Iraq’s role is consistent with Palestine’s, The international system and the countries of the region in particular are responsible for stopping the brutal Zionist aggression in Gaza.”

For his part, the Iranian judiciary chief praised the role of the Iraqi Parliament, describing it as exceptional, as it was the first parliament to enact a law criminalizing normalization with the Zionist entity. This is an honorable position and one to be credited with, stressing that the Iraqi people can manage their country in the way they see fit, while calling for “More cooperation between the parliaments of the two countries on regional issues, especially since Iraq’s position is influential and effective.”

(Of course when the article uses terms like Zionist to describe American forces, it becomes apparent that this is coming from Iranian backed factions who would luv to see the US pull out so they can fill the gap, like ISIS tried to do in 2014.)

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

Iraqi Dinar🔥International Fiex New Rate-Iraqi Dinar News Today 2024-Dina...

Al-Sudani urges British companies to go to Iraq: We have fertile ground for investment, 16 FEB

 Al-Sudani urges British companies to go to Iraq: We have fertile ground for investment

Prime Minister Muhammad Shiaa Al-Sudani stressed, this Friday morning, that Iraq has become a “fertile land” for investment and economic work, calling on British companies to search for their opportunities in the Iraqi environment.

Al-Sawadni’s media office stated in a statement received by Shafaq News Agency, that the latter received British Foreign Minister David Cameron, on the sidelines of participation in the Munich Security Conference 2024.

During the meeting, Al-Sudani discussed bilateral relations between Iraq and the United Kingdom, and the importance of upgrading and strengthening them in all aspects, in a way that serves the common interests of the two friendly countries, noting that Iraq today represents fertile ground for investments and economic work, and that the doors of investment are open to British companies.

He pointed out that the government seeks to organize work with the international coalition, move towards ending its presence in Iraq, and move to multiple bilateral relations with the coalition countries.

Regarding the situation in Gaza, Al-Sudani stressed the need for the major powers to exercise their role in ending the ongoing war in the Palestinian territories, and stopping its repercussions on the security of the region and the world, and the necessity of protecting civilians and providing urgent humanitarian aid to them, after the comprehensive destruction caused by the occupation forces in the Gaza Strip.

For his part, Cameron expressed his country's desire to expand relations with Iraq, to achieve mutual benefit, stressing that these relations should not be limited to the security aspect, which is being organized through Britain's participation in the international coalition, but rather his country desires to find multiple partnerships with Iraq, especially in economic and development aspects.  link

"STATUS OF THE RV" BY MNT GOAT, 16 FEB

STATUS OF THE RV

I can hardly believe it is mid-February already and spring will come soon. It is just a little over a month away. I am looking out our window now of the gasthaus and can see the white snow on the mountains. Across the way is a Bergbahn and there are lots of black dots moving down the mountain. These are of course skiers. Sorry but this is always somewhat amusing to me since I moved her decades ago with mein hubby lol.. lol.. lol .. Our village is already beginning the plans for the Maibaum-Fest. This is all part of our long-standing traditions and village life and it could be even better but that the government has stepped in too much already attempting to regulate everything. Things must change soon in Germany too or the people are going to revolt.

Let’s get to the news of today.

There is not a lot of new and exciting news this period. We are still waiting for the CBI’s measures to take hold to control the parallel market rate and then so they can go ahead and raise the program rate one more time, as I am told by my CBI contact is still going to happen.

Some good news is that new measures taken by the CBI this period in regards to the issue of controlling the parallel rate. The directorate said in a statement received by “Baghdad Today” and I quote from the article – “For the purpose of simplifying procedures and working on real steps related to automation, it was decided to transfer all financial transactions electronically through the (POS) point of sale system in traffic departments in Baghdad and all governorates instead of cash dealing.” How does this affect the progress of the Project to Delete the Zeros?

A statement just put out in Iraq by the CBI says so much and it is a borderline “WOW!” article for us today as Dinar investors. Why? Because if you remember what the economic expert Nasser Al-Kanani suggested. This action of the CBI coincides as it says to use electronic financial transactions eliminating paper in the marketplace is the first step in his list of suggestions, which by the way is also in the 2011 Dr Shabibi plan. So go figure. In other words electronic banking and POS has been on the radar and will continue to be pivotal in the monetary reform process. It is a very good step, a sign in the right direction and may help take the demand off the dollars thus reducing the rate in the black market for the dollar.

Folks we must just sit tight and let them work through these issues of the parallel rate. The CBI will get it under control. As you know Iraq doesn’t work like Speedy Gonzalas.. lol.. lol.. lol..

I am no economists but I have studied economics in detail. Of course, it doesn’t help either that any sanctions from the US Treasury on Iraqi private banks will affect the exchange rate of the dollar against the dinar. It is like a double-edged sword.

What do I mean by double-edged sword?

The CBI must find ways to combat the corruption but at the same time in doing so, for now, it is counterproductive in reducing the parallel market rate. But when you deal with the U.S. dollar, as was the focus of the Iraq economy, then when the U.S. tells you to get off the dollar, yet they still want Iraq to sell oil in petro-dollars thus is not also helping Iraq to obtain the much-needed other foreign currencies to use to buy imports. Thus, the dollar always still manages to come out on top as “king dollar”.

The more I analyze the situation and those other Iraqi economists analyze this precarious situation of Iraq, we can clearly see that the problem always seems to point right back to the US government on its insistence that Iraq stay on the Petro-dollar for oil sales. Yes, it is at the heart of the issues the CBI is now facing in stabilizing the dinar, the national currency of Iraq.

Either you get off the dollar altogether or not, but you can’t have it both ways, but continuing on this same path is not acceptable and must be changed to have any real progress in this direction. When and if Iraq can convince the US to get off the Petro-dollar, (good luck with that under Joe  Biden)  it will witness a swift and rapid change that it needs to control its oven sovereign currency, the dinar. So you see this is the political connection that I keep talking about that must first occur in the U.S. and will occur. This is why I also decided to include the Politics Section so you can follow along. It is all interconnected only I can’t put it in simple terms for you. You must wakeup and see it too.

At the beginning of this month, the Central Bank announced a new list of banks that will be prohibited from dealing in dollars, as the list included the names of eight banks that were not previously on the list. But if you load up your reserves with all dollars, from the Petro-dollar oil sales, then sanction the banks from dollars, then where in hell are the reserves of other foreign currencies supposed to come from to take the pressure off of the dollar?   

Oh…. but the US Treasury says Iraq can grow their economy, sell exports and add to their foreign currency reserves this way. It would be decades and decades more to prove this plan with any success. This is the Obama plan they are now under and it does not make any sense if you truly want a more speedy financial recovery for Iraq, which by the way the US Treasury says, in words only, that they do.

____________________________

As you know I encourage everyone to leave constructive comments or questions. This gives me a feel for what my blog readers are thinking and allows me to respond. So, in reply to Roger Brunstad, our dearly beloved ex-dinarian. Sad to see you go. May God Rest You in Love & Peace…lol..lol..lol.. I will tell everyone who has been in this speculative investment for a long time, this couldn’t be a worst time to sell your dinar. I compare it to a severe storm. You must have the guts to weather the storm. If the forecaster keeps telling you the storm ended (these stupid intel gurus) but you still see the heavy rain and winds, then you know you are still in the midst of it. Don’t pretend, just continue to hunker down. But when the storm finally does really end, it’s over and done and then you move on to a better life knowing you weathered the storm and received the blessings that come afterwards. The rewards are great. The sun shines again and the land is renewed from the cleansing of the storm.

But based on the latest comments by Roger Brunstad, I agree it maybe time for him to sell his dinar and forget about this investment. Basically, I just wanted to say some of us investors of the Iraqi dinar are drinking the intel guru coolaid. I warned everyone on my blog of all these intel gurus and their real intent, did I not? How many times must I say it? TNT Tony, Frank26 and especially this way beyond, unbelievable stupid, stupendous idiot called Bruce, from the Big “stupid” call. STOP listening to them! They are all scamming you! ☹ My gosh how many times must I say it!

At first, I thought everyone should listen these idiotic intel guru conference calls and YouTube to judge for yourselves just how they are scamming their listeners. They just want the clickity-clicks to make money then for you to buy these stupid crappy products, which are just snake-oil salesmen. But now I can see that I misjudged many of my listeners and in fact this may not be such a good idea after all. Why? Many don’t have the acuity thus the ability to judge and see beyond the scamming taking place. A good scam does that or else it would not be a good scam. Get it?  These are professionals and they know what they are doing.

So, today I wanted to share a video with you so you can see for yourself how they are doing it. Please see the Video below:

Are you SUBJECTED TO ONE OF THESE PREDITOR SCAMS AND SENDING MONEY?

Really folks, I am not trying to bash anyone out of spite or make fun of them. These situations are very sad but serious too. Many of these people pumping RV news are crazy people. Yes, they need clinical psychological help. Did you ever watch a Frank26 “Youbie Tubie”? If you have, then you know just what I mean. But they are all alike not just Frank26, only this idiot if way over the top and really needs a qualified clinical psychologist to help him. Just look at his clothes. I will use him only as an example today.

There are many people who believe the Iraqi dinar revaluation is a scam. Can you blame them if they are going by information from people like Frank26. But Frank26 is not alone as we also have other idiots too like TNT Tony, a well known mass marketer and pyramid scheme scammer. He meets and sits to bullshit with all his sheepies bragging about his financial endeavors while he sips on his $100 an ounce brandy and smokes his $1,000 cigars. Then he wonders why he is in the limelight so much and people are going after him. calling his home and bothering his personal life so much. He even spent time incarcerated in the state prison for his scamming but that doesn’t seem to bother his small group of sheepies either. They just keep coming back for more and more. Did you ever think the reason why he banded so many people from his new TNT site? It is because he wants “sheepies”, not anyone who challenges his stupid nonsense.  Yes, if you challenged it or even asked an intelligent question, you got deleted off his site.

Then there’s the Big (stupid) Call by a guy named Bruce. He is just the same. He still believes that people are going to walk into a bank and exchange a 100 trillion souvenir, collector’s Zimbabwe note that has been null and voided in 2016, and walk out of the bank with 100 trillion US dollars in their bank account. Really? For any grownup man to pump such nonsense only because his so-called reliable intel sources told him, is amazingly insane. Why does he do it then? He is yet another one pumping expensive training sessions on business plan through his RV conference calls for your “humanitarian” ideas of how you are going to spend your trillions of dollars. Did you ever see such a scam? Has the world gone that crazy? What is he smoking? Of course, each of his calls is now his last call, as the RV is going to happen. This of course is only bait to get you to buy a subscription to the business plan training sessions, now before you lose out – Every week its your last chance. ONLY $365. Sue pumping this stuff for Bruce is not shy either in telling you she helped over 35 people already. You can do the math of this scam. Yeh Bruce, what is your cut out this deal? By the way we absolutely will not need any business plans to exchange. None is going to ask for it or care if you have one. It will not get you any higher rates. 

I just picked out these three scammers but there are dozens more out. They are predators and prey on the innocent and decent investors that just want real and honest news. They cause anxiety and stress needlessly. These are not very intelligent people who make their living off of the innocents of others. Shame, shame, shame on them! God will ultimately give them what they deserve!  

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/


🔥 Iraqi Dinar 🔥 This is Really Great 🔥 News Guru Intel Update IQD Rate V...

Al-Sayhoud: Al-Sudani's visit to the Netherlands is an extension of a comprehensive government program aimed at building and developing the country and upgrading its economic, commercial and security joints, 16 FEB

 Al-Sayhoud: Al-Sudani's visit to the Netherlands is an extension of a comprehensive government program aimed at building and developing the country and upgrading its economic, commercial and security joints

 Baghdad / Nina / The Secretary-General of the Generations Gathering MP Mohammed Saadoun Al-Sayhoud promised the visit of Prime Minister Muhammad Shia Al-Sudani to the Kingdom of the Netherlands as an extension of a comprehensive government program aimed at building and developing the country and upgrading its economic, commercial and security joints.

Al-Sayhoud explained in a press statement today that: The visit of Prime Minister Mohamed Shia Al-Sudani to the Kingdom of the Netherlands came to enhance ways of joint cooperation in many fields, especially agricultural, economic and trade, given that the Netherlands is one of the major countries economically and security, and therefore the trade and agricultural exchange and the development of expertise with it will cast a shadow on the frameworks of development, economy and investment to advance and upgrade the country to a better level.

He added that: Strengthening international and regional relations between Iraq and the countries of the world in the midst of the work of the Sudanese government and its reform and service program has come a long way in the development and construction of Iraq, especially after the isolation and heavy legacy left by previous governments, and therefore Iraq's leap in the field of building strategic bridges with the countries of the world under the Sudanese government will create a broad and fertile climate for building the country and developing all its fields.

"RV UPDATE" BY MNT GOAT, 16 FEB

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

FRANK26…..2-16-24……..IQD UPDATE……CHASE PART2

Dinar RV News Today🔥Iraq & Netherlands Forge Bilateral Cooperation💣Boost...

Al-Sudani: The Government Has Priorities, Including Reforming The Iraqi Economy, 16 FEB

Al-Sudani: The Government Has Priorities, Including Reforming The Iraqi Economy

Thursday 15, February 2024 21:40 | Economical Number of readings: 714

Baghdad / NINA / Prime Minister Muhammad Shiaa Al-Sudani said: The government has priorities, including reforming the Iraqi economy, and we cannot continue to rely on oil revenues only.

https://ninanews.com/Website/News/Details?key=1107926

"BACK ROOM WEALTH MANAGER CONVERSATION" BY NICKY G VIA BEARDED PATRIOTUSA, 16 FEB

NICKY G

 Someone just posted this in my Facebook group 👍🏼


This was passed to me in Email. This is how they are (may be) gearing up to take advantage of us. 

Just be aware. And above all be polite when you say 'no thanks.'


BACK ROOM WEALTH MANAGER CONVERSATION:


Chase had a final conference call with senior level reset staff @ 1:45 EST. 


Jamie Dimon said “this is a matter of national security that we get this right.” 


They went over investment programs and post settlement psychology as well as follow-up protocols. 


He reminded staff that most of these UHNW clients have never had more than $10K liquid in an account, so “treat them like infants”.  


“Don’t assume they understand anything you’re saying…be prepared to repeat the deal terms over and over again, getting simpler and simpler with each explanation.”


“They will be in shock as to their settlement values, and won’t be able to focus on your investment opportunities; that’s an opportunity for us.”


(The plan is to get as much out to us at the first sitting as possible and pre-schedule a second sit down where wealth managers can be much more aggressive about harvesting in larger sums of AUM.


To bank employees: “You’ll be graded on how many follow-up meetings you’ve set because that’s where the real windfalls are.”  


(Meaning, they know 95% of new foreign currency clients won’t be expecting to even redeem, and 99.9% won’t yet be ready to make a secondary investment decision.)


Dimon said: “Think of yourself like a ‘grief counselor’… who is breaking hard news to a loved one…. You know their lives are going to radically change, and in a dramatic, fast and unexpected fashion….


 While they’re still trying to process the severity of the information they just got…. In real time…. So hold their hand…. 


The reset is more like hearing about a horrible death than a happy wealth event…. 


Handle everyone with kid gloves….


 Be more suggestive and persuasive in meeting #2. 


Watch your tone and pace of speech.  Start slower than normal and get them in and out as quickly as you can.”


Dimon said, “White House told me they’re going directly into phones after what happened in Canada…. This will move like lightning…. It’s your time to shine, JPMC, go harpoon some whales!”


https://t.me/Bearded_PatriotsUSA/15720

Iraq Urgent News Week's Summary Drone Attack in Heart of Baghdad IQD Rate BY SANDY INGRAM

Munich: Sudanese And British Foreign Minister Discuss Bilateral Relations And The Importance Of Improving Them, 16 FEB

 Munich: Sudanese And British Foreign Minister Discuss Bilateral Relations And The Importance Of Improving Them

Politics | Baghdad today – Baghdad  Today, Friday (February 16, 2024), Prime Minister Muhammad Shiaa Al-Sudani discussed with British Foreign Minister David Cameron bilateral relations and the importance of improving them.

Al-Sudani’s office said in a statement received by “Baghdad Today” that “Prime Minister Muhammad Shia’ al-Sudani received, this Friday morning, British Foreign Secretary David Cameron, on the sidelines of his participation in the Munich Security Conference 2024,” noting that “the meeting discussed bilateral relations between Iraq and the United Kingdom, and the importance of improving and strengthening them in all aspects, in a way that serves the common interests of the two friendly countries.”

 Al-Sudani stressed, according to the statement, that “Iraq today represents fertile ground for investments and economic work, and that the doors of investment are open to British companies,” noting that “the government seeks to organize work with the international coalition, and move towards ending its presence in Iraq, and moving to bilateral relations.” Multiple alliance countries.

Regarding the situation in Gaza, Al-Sudani pointed out “the necessity for the major powers to exercise their role in ending the ongoing war in the Palestinian territories, and stopping its repercussions on the security of the region and the world, and the necessity of protecting civilians and providing urgent humanitarian aid to them, after the comprehensive destruction caused by the occupation forces in the Gaza Strip.” .

For his part, Cameron expressed "his country's desire to expand relations with Iraq, in a way that achieves mutual benefit," stressing that "these relations should not be limited to the security aspect, which is being organized through Britain's participation in the international coalition. Rather, his country desires to create... Multiple partnerships with Iraq, especially in the economic and development aspects.”

Yesterday evening, Thursday evening, the Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, headed to Germany, to participate in the Munich Security Conference 2024, after concluding his official visit to the Netherlands.   LINK

"RV UPDATE" BY PAULETTE, 9 MAY

  Paulette      Community Comment: " Iraq on May 9 ascends to FULL membership in the WTO "    I hope you are correct regarding the...