Saturday, February 17, 2024

Sudani meets US Vice President in Munich,17 FEB

 Sudani meets US Vice President in Munich

Mawazine News – Baghdad
U.S. Vice President Kammala Harris will meet with Iraqi Prime Minister Mohammed Shia al-Sudani and Israeli President Isaac Herzog at the Munich Security Conference on Friday, Reuters reported.

On Thursday evening, the Iraqi Prime Minister flew to Germany to participate in the Munich Security Conference 2024 after concluding his official visit to the Netherlands.

Every February, top politicians from the world’s continents gather in Munich for the Global Security Conference.

This year’s Munich Security Conference celebrates its 60th anniversary, and its current session is expected to be held between February 16 and 18, in its traditional place, the Bayrecher Hof, but this year for the first time the adjacent Rosewood Munich Hotel will be the venue for some conference sessions. It will involve politicians, security and military leaders, and high-level experts from around the world to discuss the most pressing issues related to international security.

Wars in Ukraine and Gaza, as well as migration, climate change and artificial intelligence, are at the top of the conference agenda.

According to the organizers, a total of “about 50 heads of state and government and more than 100 ministers, along with the heads of several important international and civil society organizations” are expected to attend the conference.

https://mawazin.net/Details.aspx?jimare=242183

"ANALYSIS OF IRAQ NEWS: AN ECONOMIST WARNS OF THE US TREASURY’S POLICY WITH IRAQ" BY MNT GOAT, 17 FEB

AN ECONOMIST WARNS OF THE US TREASURY’S POLICY WITH IRAQ

Today, Wednesday, the economic expert, Nabil Jabbar Al-Ali, warned of the policy of the US Treasury Department and the measures it took against Iraqi private banks.

Al-Ali told Al-Maalouma, “Depriving Iraqi private banks from dealing in dollars will affect the commercial movement represented by import and export through a decrease in foreign transfers granted by the Central Bank.” 

He added, “Any sanctions from the US Treasury on Iraqi private banks will affect the exchange rate of the dollar against the dinar.

Al-Ali pointed to “continuous American controls and pressure on private private banks inside Iraq.”

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.

While the Economy, Industry and Trade Committee intends to hold a meeting with representatives of the Iraqi Private Banks Association and the banks that were included in the US sanctions list. 

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

Iraqi DinaršŸ”„Iraq's Economy Going In Right Direction Today 2024šŸ”„iraqi din...

Prime Minister: Iraq today represents a fertile ground for investments and economic work, 17 FEB

Prime Minister: Iraq today represents a fertile ground for investments and economic work

Mawazine News – Baghdad
Prime Minister Mohammed Shia Al-Sudani confirmed to British Foreign Minister David Cameron on Friday that his government is seeking to regulate the relationship with the international coalition, and go towards ending its presence in Iraq.

“The Sudanese received this Friday morning, British Foreign Minister David Cameron, on the sidelines of his participation in the Munich Security Conference 2024,” the Sudanese office said in a statement followed by Mawazine News Agency.

He stressed that “the government is seeking to organize work with the international coalition, and go towards ending its presence in Iraq.”

With regard to the situation in Gaza, Al-Sudani stressed “the need for major countries to exercise their role by ending the ongoing war in the Palestinian territories, stopping its repercussions on the security of the region and the world, and the need to protect civilians and provide urgent humanitarian assistance to them, after the mass destruction left by the occupation forces in the Gaza Strip.”

https://mawazin.net/Details.aspx?jimare=242190

"RV UPDATE" BY FRANK26, 16 FEB

 Frank26 

  Question:  "Do we have to have our currency for over a year

 For tax purposes, yeah.  If you have your currency for at least one year you're in the about 20% tax bracket.  If you have had it for less than one year and you exchange it you're in about the 40%.  If you have had it for one year and you don't have a receipt, you're in the 40%.  If you've had it for one year and you got a receipt you're in the 20%.

 [NOTE:  Some gurus feel the dinar exchange will be taxed as capital gains, others feel ordinary income and other not taxed at all.  The only opinion that matters is the IRS's - Consult a tax professional at the appropriate time to determine the right tax for your unique circumstances.]

  The CBI is not calling them 'lower denoms', they are calling them 'Lower notes'.  They also explain the need for fractional banking through the coins they will be giving them.  They are not using the word fractional banking with the citizens but they are telling them they will be able to get change so they will not lose money.

 I don't plan to go to a bank.  Can you imagine?


 ...I got 10 million dinars, here...Personally I  don't plan to go into a bank to exchange my currency.   I will have a team ...I'm going to have my lawyer get a hold of the bank and  say, 'I represent Mr. [Frank26] and Mrs. [Frank26] and they want to make an appointment for you to come to their house and collect  a large amount of foreign currency...My lawyer will already know exactly what the bank is going to offer me...The less contact I  have with the bank the better...If you have a small amount then you're going probably go into the bank.

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/ŲØŲ§Ų±Ų²Ų§Ł†ŁŠ-ŁˆŲŗŁˆŲŖŁŠŲ±ŁŠŲ“-ŁŠŲØŲ­Ų«Ų§Ł†-Ų­Ł…Ų§ŁŠŲ©-Ų§Ų³ŲŖŁ‚Ų±Ų§Ų±-Ų§Ł„Ų¹Ų±Ų§Ł‚

Among them is the budget. Parliament’s agenda for next Tuesday, 24 NOV

Among them is the budget. Parliament’s agenda for next Tuesday The House of Representatives will hold a regular session the day after tomorr...