DINAR REVALUATION

Saturday, February 10, 2024

Iraqi Dinar Major Announcement Redemption Centres Flashing New IQD Rates...

Hajj and Umrah in Iraqi dinars.. Kurdistan companies stop working in dollars, 10 FEB

Hajj and Umrah in Iraqi dinars.. Kurdistan companies stop working in dollars

The Kurdistan Region’s Hajj and Umrah Authority decided on Saturday to only accept Iraqi dinars for pilgrims’ travel expenses, rather than dollars as in other Iraqi cities. The cost will be calculated using the Central Bank’s exchange rate, which is 1,320 dinars for every dollar. Registrants will have one week to submit their updates and pay the associated costs. passport information.

Following the chairing of a meeting with the proprietors of Hajj and Umrah offices in the provinces and autonomous administrations of the area, Niyaz Naqshbandi, Director General of Hajj and Umrah in the Kurdistan area, made this decision.

Karzan Stoney, Kurdistan’s Umrah and Jujj Authority’s media representative

We have instructed the Hajj and Umrah offices to accept payments from pilgrims for a week, from February 11 to February 18, this year. Those who do not pay the fees within this time will not be permitted to do the Hajj this year.

All registrants who do not have a passport or whose passport has expired have been notified by Hajj and Umrah businesses to contact the Passport Department and amend their information within a week.

The expense of the Hajj for residents of the Kurdistan Region is the same as that of residents of the other Iraqi cities.

"DIFFERENCES BETWEEN A WEALTH MANAGER & A FIDUCIARY ADVISOR" BY MR. GREEN VIA BEARDED PATRIOTUSA, 10 FEB

Bearded_PatriotUSA Telegram post 2/9/24

Forwarded from Mr Green B:

FYI -Here’s an easier explanation of the differences between a Wealth manager and a Fiduciary Advisor.

Differences between a wealth manager and a fiduciary advisor?

A wealth manager and a fiduciary advisor are both professionals who provide financial advice and management services, but there are some differences between them:

1. Scope of Services:

– Wealth Manager: A wealth manager typically offers comprehensive financial planning and investment management services. They may assist clients with a wide range of financial needs, including investment planning, retirement planning, tax planning, estate planning, and risk management.

– Fiduciary Advisor: A fiduciary advisor is specifically obligated to act in the best interests of their clients at all times. While they may also offer comprehensive financial planning services, their primary focus is on providing advice and recommendations that are solely in the client’s best interest.

2. Fiduciary Duty:

– Wealth Manager: While many wealth managers strive to act in their clients’ best interests, they may not be legally bound to do so in all situations. Some wealth managers may operate under a suitability standard, which requires them to recommend products that are suitable for the client’s financial situation, but not necessarily the best option available.

– Fiduciary Advisor: A fiduciary advisor is held to a higher standard of care known as the fiduciary duty. This means they are legally obligated to always act in the best interests of their clients, putting their clients’ interests ahead of their own and avoiding conflicts of interest.

3. Compensation Structure:

– Wealth Manager: Wealth managers may be compensated through a variety of fee structures, including asset-based fees, hourly fees, or commissions on product sales. Some wealth managers may receive commissions for selling certain financial products, which can create potential conflicts of interest.

– Fiduciary Advisor: Fiduciary advisors often operate on a fee-only basis, meaning they are compensated solely through fees paid by their clients. This fee structure minimizes conflicts of interest, as fiduciary advisors do not receive commissions or incentives for recommending specific products.

4. Regulatory Oversight:

– Wealth Manager: Wealth managers may be subject to regulatory oversight depending on their jurisdiction and the services they offer. However, regulatory requirements may vary, and not all wealth managers may be held to the same standards of conduct.

– Fiduciary Advisor: Fiduciary advisors are typically held to stricter regulatory standards, particularly if they are registered investment advisors (RIAs) in the United States. RIAs are regulated by the Securities and Exchange Commission (SEC) or state securities regulators and are required to adhere to fiduciary standards.

In summary, while both wealth managers and fiduciary advisors provide financial advice and management services, fiduciary advisors are held to a higher standard of care and are legally obligated to act in their clients’ best interests at all times. Choosing between the two depends on individual preferences, investment needs, and the level of trust and confidence desired in the advisor-client relationship.

https://t.me/Bearded_PatriotsUSA/15720

Please stop lying to people about the dinar BY NADER FROM MID EAST

Al-Mandalawi refers the request to remove foreign forces from Iraq to the legal, security and defense committees, 10 FEB

Al-Mandalawi refers the request to remove foreign forces from Iraq to the legal, security and defense committees

The Media Department of the House of Representatives confirmed that the Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, referred the request to remove foreign forces from Iraq to the legal and security and defense committees. A statement from the Information Department of the Council indicated that “the request is signed by more than 100 deputies to the two committees (legal, security and defense) and related to a proposal for a law to remove foreign forces from Iraq.”

He added that “Al-Mandalawi called on the government to implement the decision of the House of Representatives No. (18) of 2020, related to the removal of foreign forces and the termination of their missions in Iraq, based on the development of Iraqi security capabilities, and the absence of any new agreement with foreign forces that must remain.”

https://www.dijlah.tv/index.php?page=article&id=342323

"RV UPDATE" BY FRANK26, 10 FEB

Frank26

We're in the Venturi effect (a narrow opening and you're trying to squeeze a lot through it). You know how you put your finger on a hose and you can squirt it much further? That's the Venturi effect. We're having a Venturi effect with intel.

Question: "Are they going to put a cap on the dinar if it goes too high?"

IMO this is an RI which means they should reinstate the value back to at least $3.22. That's the rate it was when it was brought down...$3.22 was back in 2003. What is it 21 years later it's still $3.22?

...It seems to me there should be at least anywhere from 20% to 30% added to $3.22 - Anywhere from $3.86 to about $4.25 would be a good capping range IMO.

Article: "Observer: Ending the mission of the United Nations office in Iraq takes Iraq out of Chapter Seven"

TAKES YOU OUT OF CHAPTER VII... AND PUTS YOU IN AN INTERNATIONAL BASKET!