Drones target Ain al-Asad Air Base in western Iraq

 Two drones targeted the vicinity of Ain al-Asad Air Base in western Iraq, where Global Coalition forces are stationed, an Iraqi security source reported on Tuesday evening.

The source, speaking to Shafaq News Agency, confirmed the attack but did not provide further details on casualties or damage.

Earlier this year, factions within the Islamic Resistance in Iraq (IRI) had announced a halt to operations against US forces in Iraq, leading to a period of relative calm.

This drone attack marks a resumption of hostilities.

IRI refers to Tehran's military allies in Iraq, such as Kata’ib Hezbollah and Harakat Al-Nujabaa, it is a part of the "Axis of Resistance" alongside Lebanon's Hezbollah, Yemen's Ansarallah (Houthis), and other Iran-backed factions.

All groups within the Axis have declared that their attacks will persist until a ceasefire is achieved in the Gaza Strip, where Israel's actions have resulted in the deaths of over 39,289 Palestinians, predominantly children and women. link

"RV UPDATE" BY SANDY INGRAM, 18 JULY

 Sandy Ingram  

A major financial change in Vietnam...Decree 52 regulates non-cash payment in Vietnam and will significantly alter Vietnam's financial landscape...Decree 52 marks a significant milestone in Vietnam's journey towards a cashless economy.  If you have VND bank notes you will need to find out how you can comply with Decree 52 as a foreigner.  [We] will research the topic and report back as soon as we understand the procedure.  According to the news report the banks have 24 months to comply.. .

There is a high demand for US dollars in countries like Iran and Syria where local currencies have significantly devalued.  Entities in these countries are desperate to obtain...physical dollars ...because they are accepted everywhere and impossible to trace...Iran and Syria find it more feasible to obtain dollars from Iraq.  The Iraqi market offers cheaper source of dollars...which impacts Iraq's exchange rate dynamics by increasing the pressure on its currency system and contributing to dual exchange rates.

🔥 Iraqi Dinar 🔥 Finally Deleted 3-Zeros 🔥 Today IQD to Dollar RV News Gu...

This is the volume of our trade with Iran.. An economist reveals the reasons for the dollar problem inside Iraq

 Economic expert, Munir Al-Abidi, revealed today, Tuesday (July 16, 2024), the volume of trade between Iraq and Iran, while indicating that the dollar problem in Iraq is not due to official trade.

Al-Obaidi said in a clarification he published on Facebook, which was followed by "Baghdad Today", "The Iranians say that our trade with Iraq during three months amounts to 3 billion dollars, distributed as 1.2 billion to meet the need for gas, 700 million dollars for electricity, while 200 dollars are for food, and another 200 million for iron trade."

He added, "This means that the value of food and iron during the year amounts to only 1.5 billion dollars annually," indicating that "some say that our trade with Iran amounts to 12 or 14 billion dollars, which is the reason for the dollar crisis."

Al-Obaidi said, "Our official trade for the private sector does not exceed 3 billion dollars with Iran and does not exceed 300 million dollars with Syria," stressing that "the problem with the dollar is not the official trade with Iran and Syria."

He pointed out that "the problem of the demand for dollars in the local market is to cover the needs of other types of informal and illegal trade, most notably drugs," stressing that "all this fuss, crying and wailing in the channels is to reopen the money channels for this trade  link

"RV UPDATE" BY FNU LNU, 18 JULY

 Fnu Lnu   

[Response to Guru Henig post 3-16-2024 below] The taxation issue is not complex and I  have it directly from the taxing authority (IRS) and an agent within the IRS. The taxation will be a matter of choice (YOU DECIDE).  You may either pay tax as "REGULAR INCOME" or as Capital Gains. YOU CHOOSE! Depending on your structuring for tax  advantages...Regular Income is the easiest way to deal with the income/profits as it is amenable with classic Asset  Protection ...The notion that you must have receipts is not true because you can choose Regular Income. 

  It is also not true that one must have a receipt or pay 40-50% in taxes. The tax code is  written for both kinds of people. Those who pay taxes and those who do not. Guess which side the rich are on? They use Asset  Protection...to defer and reduce...tax liabilities and anyone can do it...Do not be misled. Consult an ASSET PROTECTION ATTORNEY and forget the rest of what you hear and read. 

Significant Dates Between Now - 7/20🚩All Info Signals GO for RI!🤔Dinar R...

Iraq and Vietnam discuss tea farm mechanisms and ways to develop them

  The General Company for Foodstuff Trading at the Ministry of Trade discussed with the Vietnamese side the mechanisms of the tea farm and ways to develop it.

The Ministry of Trade's media stated in a statement received by the Iraqi News Agency (INA), that "the General Company for Foodstuff Trading at the Ministry of Trade held a joint meeting (online) today, Tuesday, with the Vietnamese side to discuss the mechanisms of the tea farm's work and ways to develop it, headed by its Director General, Lama Al-Moussawi, in the presence of the departments of financial, legal and import affairs." 

Al-Moussawi said, according to the statement, that "the meeting discussed the mechanisms that would develop the work by introducing modern mechanization in the packaging and sorting processes of tea types prepared for marketing, in addition to purchasing new plants to increase production,"

Indicating that "during the meeting, the Vietnamese side was asked to prepare technical and financial studies regarding the development of the work, which expressed its satisfaction with the level of accuracy and transparency in the dealings adopted by the General Company for Foodstuff Trading, which contributed to obtaining positive results for both parties."   link