Friday, June 14, 2024

Mohammed Shukri: The Kurdistan Region can provide a suitable environment to attract investors, 14 JUNE

   Mohammed Shukri: The Kurdistan Region can provide a suitable environment to attract investors

The Chairman of the Investment Authority in the Kurdistan Region, Dr. Muhammad Shukri, confirmed on Thursday, June 13, 2024, that the Kurdistan Region can provide a suitable environment to attract foreign investors.

Shoukry told Kurdistan 24: "The Board of Investment signed a cooperation agreement with the International Finance Corporation of the World Bank to benefit from expertise and technical support, strengthen the legal framework, facilitate investment procedures and effectively encourage the local and foreign sectors."

He added: "Through collective efforts with representatives of the institutions and ministries present, we can turn these visions into reality, because working together is the basis for an attractive environment for investment, promotes economic growth, and brings prosperity to the people of Kurdistan."

The President of the Kurdistan Regional Government, Masrour Barzani, confirmed at the end of last month that the Kurdistan Region is a stable and safe place for investment.

Masrour Barzani said, in a post on the X platform, after the opening of the Qatari consulate, Sunday, May 26, 2024, that "the opening of the Consulate General of the State of Qatar in Erbil is a starting point for the further development of our relations.

He added: "The Kurdistan Region is a stable and safe place for investment."

"We call on Qatari investors and tell them that the regional government is ready to provide all facilities," he said.

"Last year, the first shipment of Kurdistan's agricultural exports arrived in the Qatari market."

"We are also having talks on industry, banking and renewable energy."  link

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 14 JUNE

 Frank26   

[Iraq boots-on-the-ground report] 

  FIREFLY:  They told us...due to typo errors in the printing of the budget it will be reaudited and sent back to gazette...after EID holiday...All sound little fishy to us...An Iranian proxy saying budget is under appeal but we see nothing official of that... We trust it is going to be in gazette after EID holiday...

  FRANK: They know what you are about to receive - your purchasing power.  They know it's going to be extremely difficult for them to steal this value, this currency, so in the last nanosecond, just before Sudani and Alaq present the new exchange rate and the lower notes to you they do everything possible to prevent you from receiving your blessing...

Iraq's Working New Rate Now!🚩Huge Push Now to July 8th🤔Dinar RV Updates ...

Iran offers Iraq its contribution to the path of development, 14 June

 Iran offers Iraq its contribution to the path of development

Iran offered the Iraqi government to participate in the strategic development path.

This came during a meeting between Prime Minister Muhammad Shia al-Sudani, today, Thursday, with Acting Iranian Foreign Minister Ali Bagheri and his accompanying delegation.

At the beginning of the meeting, Al-Sudani renewed his condolences for the incident that claimed the lives of the Iranian President, the Foreign Minister and their comrades, stressing that Iraq will continue its approach towards strengthening relations with the Islamic Republic and consolidating the foundations of constructive cooperation, in a way that achieves the interests of the two neighboring countries and the prosperity of their peoples, according to a statement from Al-Sudani’s office.

He added: "The meeting witnessed discussion of the regional and international situation, the developments of the aggression in Gaza and its tragic consequences on the humanitarian level, the brutal crimes committed by the occupation forces on a daily basis against the Palestinian people, and the necessity of serious efforts by the international community to stop the aggression and avoid the expansion of the conflict in the region."

It was also emphasized that the joint committees would continue to hold their meetings, and the actual implementation of the memorandums of understanding signed by the two countries in the sectors. Energy, security, education, transportation, and other vital economic fields.

For his part, Bagheri expressed his thanks to Iraq for its solidarity with the Islamic Republic of Iran regarding the president’s plane accident. He also praised Iraq’s pivotal role in the region and its constant endeavor to enhance stability by bringing viewpoints closer between countries. He also affirmed Iran’s support for Iraq’s efforts in implementing the Strategic Development Road Project. And her willingness to contribute to it.

Turkey, Iraq, Qatar, and the United Arab Emirates recently launched a new trade route linking the Gulf to Europe as part of an effort to strengthen economic relations. This road is called the Development Road, and it is the newest economic corridor in the region after the Chinese Belt and Road Initiative and the economic corridor between India, the Middle East and Europe.

The project, which was completed during Turkish President Recep Tayyip Erdogan's visit to Baghdad on April 22, is expected to cost $20 billion, with most of the financial support coming from Doha and Abu Dhabi.  link

"FOREX LIVE MY CHARTS SHOWED THE IQD FUTURES TRADE AT $4.21 AT ABOUT 10:33 AM ET THIS MORNING" BY BUCKEYETREE, 14 JUNE

 KTFA:

BuckEyeTree

  The Forex Live My Charts showed the IQD Futures trade at $4.21 at about 10:33am ET this morning.  What potential the IQD has!! Woho! Just wait for the reveal and international trading.

IMO when Sudani said this year, those words could apply to June as well as December, but I am inclined to think sooner not later.

Sudani is not giving any date until it is time for him to do that on Iraq TV. When the Iraqis see videos showing the new lower notes, the rate would be very near at hand. There seems to be excitement in the air among Iraqis because their leaders, Sudani and Alak, are about to make good on their promises.  In My Opinion.

We wish Iraq and Iraqis well for an improved Iraq. May that region have peace which brings prosperity.

Stay grounded. Big bucks have big responsibility.

Jon Dowling The Weekly Wrap Up & Latest News Updates

Evening News with MarkZ and Mike Bara. 06/13/2024

Evening News with MarkZ and Mike Bara. 06/13/2024

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: A very happy Thursday Night to everybody.

MZ: We have a guest tonight that has information that will get you darn right excited and giddy. At least it did me. Here’s Mike Bara- who got some very interesting news today. 

MB: Happy to be here and I want to say that this is not a rumor. I am not passing on a rumor. 

MB: I know a guy, who knows a guy, who knows a guy. And the guy that I know that knows the guy that knows the other guy  he said  he  got a call from a High corporate banking official from a major bank. And he said “You know that thing you have been bugging me about for the last 10 years?” ( and we all know what it is – it’s the RV) And the banker said “Well congratulations  buddy- your dreams are about to come true!” 

MB: The contact said ”Well, what do you mean?” And the banker said “We just got a memo today , a letter from headquarters informing us to Get Ready Right Now because the Iraqi dinar is revaluating extremely soon. Boom. 

MZ: Revaluating? I thought this was important so I told Mike I had sat down with some bankers who wanted to run through scenarios with me and my currency and train some people. And that was the exact term they used in banking then.

MZ:  It is going to revaluate;;…Its revaluating. That is the terms the banks use. They do not say RV or that it’s going to revalue. Its revaluating. 

MB: Right – that’s a technical term . And I will tell you this, The contact I have – well he knows people that you all in Dinarland have heard of. He is not making this up and he did have this conversation with his friend at a major bank who has a high position in that bank…. That was This morning.. We are working on trying to get a copy of the actual memo. I don’t think we will be able to….but I told him he could redact parts or we would do it for him …we just want the essence of the communication. Just to show you that this isn’t made up. 

MB: I don’t know how to evaluate the term “really soon” except to say I think it means in the next 2 or 3 days .We don’t know but, that’s what I think it means. 

MB: Over in rumble my partner on my show “Real News live with Mike and Jen” Without knowing this story  …she got in her jentel meditations today “ The next 2 or 3 days is the plan” 

Member: Mike From your lips to the bankers ears!

MB: We don’t need Iraq to have a public rate to go…We have talked about that. And yet we might get one at the same time as we go. 

MB: Jen also got today that they are monitoring suspicious business in Reno …They are also watching rates move on screens …Best estimate is today or tomorrow, but later if Reno has a problem…..But currencies are flowing from exchange centers into Reno. . . then sent back to the countries of origin. That’s what she says. 

MB After I told her the bank story today. Jen says it’s happening right now. Money is flowing. I am about as excited as I have ever been. I have to tell you again that my source is not lying about this…..He is not making it up. He got this phone all today. 

MZ: Over the last 4-5 days I have received so many calls from people in banking  who told me “You are right- they are telling us it is imminent and any moment. We should be seeing it soon- get yourself prepared“

MB: It sounds like the same types of memos are going out all over. 

Member: Does this means Iraq is going sola?

MZ: I don’t believe that is what it means. too many banking contacts are talking about the zim , 2 other currencies we hold and the bolivar. 

MB: I cannot really elaborate on this now…but I hope you have some. 

Member:  Mike Bara with the “Home run”. Thank you Sir!

Member: I have a contact in Missouri that has been contacted by a private banker with a Tier 1 bank. They told him to get prepared for the upcoming event. 

MZ: So many of you guys who are unrelated…Don’t talk to each other and live in different areas are getting the same notices. And its very exciting when you share them with us. 

Member: Mark, you said yesterday Zim is being aggregated by groups…what does that mean? Does that affect the Zim going with the dinar? 

MZ: Different sellers and groups have put their Zim together and is being negotiated by a paymaster. It has nothing to do with it going the same time….or the timing. 

Member: Does anyone have the Gov document about no taxes for the Iraqi Dinar?

MZ: Go to section 6 Financial Sector:  The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.”   https://www.state.gov/reports/2022-investment-climate-statements/iraq/

Member: I wouldn't even care if I was taxed if it meant the RV was coming. I'm grateful either way

Member: Thanks Mark and Mike……Awesome news tonight……thanks you so much.