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.
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!”
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
B.S
I just finished listening to the entire call, it was two hours long. I dont understand why they never tell us or think to ask the powers that be why the intel the received previously did not happen.
I think that is what is most frustrating.
During the call he spoke about the RR Increase, but then advised he should have saved that for the intel section, since he did not go back and retell it on the intel section.
I will give you my abridged version as I did take notes.
Bruce said the R&R and SS Increase ill not happen until the RV Happens.
He also said Med Bed appointments will be 5-6 days after the start of the RV, these will be by referral only and be contacted for Med Bed appointments as this is moderatly Hush Hush.
There about 60-62 Thousand """Pairs""" of med beds in each location. I(I did not write down if this was us only or all- not sure if he indicated that differential. And lastly he said to bring with the names of 6 person and their telephone contact numbers with for med bed treatements and all treatements will be based on immediate needs first.
Understandibly.
Hope that helps, like I said will probably not come out in the audio or the transcript of the intel section since he spoke of it in the 1st half hour of the call. THe rst you can all hear your self on the audio replay or read on the transcrip.
Federal Trade Indicates An International Desire To Invest In Iraq
Three countries are holding meetings in this regard
Zagros TV Related news Sudanese directs to give priority in investment to industrial and agricultural projects
Zagros – Erbil On Thursday, Federal Trade Minister Atheer Al-Ghurairi revealed a wide welcome and international desire to increase investments inside Iraq, while confirming that meetings were held with 3 countries in this regard.
The Iraqi government is adopting a new approach aimed at diversifying the sources of the economy and revitalizing its movement, through radical solutions that address current challenges and open broader horizons for the flow of foreign investment into the country's economy, which suffers from extended structural imbalances.
The packages of measures related to various legal and administrative amendments are among those followed solutions aimed at transforming the country into an attractive environment for foreign investments.
During his participation in the 113th session of the Economic and Social Council, which was held at the Arab League, Al-Ghurairi said in his speech that “Iraq today seeks, within the government program of Prime Minister Muhammad Shia’ al-Sudani, to improve the investment environment and seeks to receive private sector companies with the aim of improving the economic reality in Iraq and announcing the availability of opportunities.” Great investment.
Al-Ghurairi added, “There are many important projects in Iraq, including the development road and the railway line between Holy Karbala and Najaf Al-Ashraf,” noting “the necessity of encouraging investments from the private sector inside Iraq.”
Explaining that “Iraq seeks to increase investment projects with Arab countries,” indicating that “there are major initiatives by Arab countries and there was a great welcome by them to increase investments in Iraq and implement many economic agreements and conferences, and there are many protocols implemented with the countries of the Emirates and Qatar.”
And Egypt and the formation of committees that include delegations from businessmen and the private sector inside Iraq, and we noticed a tangible change in the management of the economic file and the general economic policy of the Iraqi state.”
He also pointed out that “the meeting came out with many decisions that were approved, including promoting intra-trade, liberalizing trade in goods, and welcoming Iraq’s accession to the World Trade Organization.”
Al-Ghurairi stressed, “This is what Iraq aspires to, as its steps have begun to convey their messages to all countries, and the Iraqi economy will witness a significant recovery during the coming period in order to achieve common interests and achieve mutual benefit between Iraq and the Arab countries.”
Al-Ghurairi pointed out that “there are rapid initiatives in infrastructure investment with the Egyptian, Qatari and Emirati sides through many agreements that were concluded during the previous period.”
While Iraq's ambitions to diversify economic sources and attract foreign investments in various sectors face a number of challenges and difficulties, especially with regard to infrastructure and legislation. https://zagrosnews.net/ar/news/50755#hathalyoum
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