Wednesday, August 14, 2024
MAJOR IRAQI DINAR UPDATE BY ARIEL, 14 AUGUST
ARIEL
🚨 Major Iraqi Dinar Update
(Somebody is about to be very rich) is that you? If so read on.
Translated directly from the CBI document:
Licensed banks all approved
Electronic payment companies all approved exchange companies from categories A and B
Procedures for the work of agents of external transfer service providers
Greetings
Based on the supervisory and supervisory role of this bank.
"𝘼𝙣𝙙 𝙞𝙣 𝙤𝙧𝙙𝙚𝙧 𝙩𝙤 𝙧𝙚𝙜𝙪𝙡𝙖𝙩𝙚 𝙩𝙝𝙚 𝙬𝙞𝙩𝙝 𝙥𝙧𝙤𝙘𝙚𝙙𝙪𝙧𝙚𝙨 𝙤𝙛 𝙖𝙜𝙚𝙣𝙩𝙨 𝙥𝙧𝙤𝙫𝙞𝙙𝙞𝙣𝙜 𝙛𝙤𝙧𝙚𝙞𝙜𝙣 𝙧𝙚𝙢𝙞𝙩𝙩𝙖𝙣𝙘𝙚 𝙨𝙚𝙧𝙫𝙞𝙘𝙚𝙨 𝙞𝙣 𝙡𝙞𝙜𝙝𝙩 𝙤𝙛 𝙩𝙝𝙚 𝙧𝙖𝙥𝙞𝙙 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩𝙨 𝙤𝙛 𝙩𝙝𝙚 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙘𝙤𝙖𝙡 𝙩𝙧𝙖𝙣𝙨𝙛𝙚𝙧 𝙨𝙚𝙧𝙫𝙞𝙘𝙚 𝙖𝙣𝙙 𝙩𝙤 𝙡𝙞𝙢𝙞𝙩𝙨 𝙩𝙤 𝙞𝙣𝙨𝙪𝙧𝙚 𝙛𝙤𝙧 𝙨𝙥𝙚𝙘𝙪𝙡𝙖𝙩𝙞𝙤𝙣 𝙥𝙪𝙧𝙥𝙤𝙨𝙚𝙨 𝙖𝙣𝙙 "𝙗𝙚𝙣𝙚𝙛𝙞𝙩𝙞𝙣𝙜 𝙛𝙧𝙤𝙢 𝙩𝙝𝙚 𝙚𝙭𝙘𝙝𝙖𝙣𝙜𝙚 𝙧𝙖𝙩𝙚 𝙙𝙞𝙛𝙛𝙚𝙧𝙚𝙣𝙘𝙚". 𝙄𝙩 𝙞𝙨 𝙙𝙚𝙘𝙞𝙙𝙚𝙙 𝙩𝙝𝙖𝙩 𝙮𝙤𝙪 𝙬𝙞𝙡𝙡 𝙤𝙗𝙩𝙖𝙞𝙣 𝙫𝙖𝙡𝙞𝙙 𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙘𝙮 𝙖𝙣𝙙 𝙥𝙖𝙨𝙨𝙥𝙤𝙧𝙩𝙨 𝙛𝙤𝙧 𝙣𝙤𝙣-𝙄𝙧𝙖𝙦𝙞𝙨 (F𝙤𝙧𝙚𝙞𝙜𝙣𝙚𝙧𝙨) 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙥𝙪𝙧𝙥𝙤𝙨𝙚 𝙤𝙛 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙞𝙣𝙜 𝙩𝙧𝙖𝙣𝙨𝙛𝙚𝙧, 𝙥𝙧𝙤𝙫𝙞𝙙𝙚𝙙 𝙩𝙝𝙖𝙩 𝙩𝙝𝙚𝙨𝙚 𝙨𝙪𝙥𝙥𝙤𝙧𝙩𝙞𝙣𝙜 𝙙𝙤𝙘𝙪𝙢𝙚𝙣𝙩𝙨 𝙧𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩 𝙩𝙝𝙚 𝙢𝙞𝙣𝙞𝙢𝙪𝙢 𝙧𝙚𝙦𝙪𝙞𝙧𝙚𝙢𝙚𝙣𝙩𝙨 𝙖𝙣𝙙 𝙮𝙤𝙪 𝙘𝙖𝙣 𝙧𝙚𝙦𝙪𝙚𝙨𝙩 𝙖𝙣𝙮 𝙖𝙙𝙙𝙞𝙩𝙞𝙤𝙣𝙖𝙡 𝙙𝙤𝙘𝙪𝙢𝙚𝙣𝙩 𝙞𝙛 𝙣𝙚𝙘𝙚𝙨𝙨𝙖𝙧𝙮 𝙩𝙤 𝙖𝙘𝙩 𝙖𝙘𝙘𝙤𝙧𝙙𝙞𝙣𝙜𝙡𝙮." Read this part one thousand times over & over. Why? Because they are directly talking to you. 🤑
With appreciation.
This is more from the CBI detailing procedures for A and B licensed exchange companies performing exchanges for 𝙣𝙤𝙣-𝙄𝙧𝙖𝙦𝙞 𝙞𝙣𝙙𝙞𝙫𝙞𝙙𝙪𝙖𝙡𝙨. This is ONLY in-country for Iraq. This does not correlate to any reclassifications of currencies (those don't exist remember), or movement of rates. This is simply official notice from the CBI for procedures for bank personnel making the exchanges, they now require a 𝙋𝘼𝙎𝙎𝙋𝙊𝙍𝙏, and 𝙫𝙖𝙡𝙞𝙙 𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙘𝙮 𝙣𝙤𝙩𝙞𝙘𝙚.
What is an A B categorization?
Directly from the CBI starting in 2021 LINK and more LINK and more LINK
Bank Ratings or Classifications: In some countries, financial institutions or currencies might be categorized into different groups (A, B, etc.) based on their stability, creditworthiness, or risk level.
For example:
Category A: Could refer to higher-rated, more stable banks or financial products with lower risk.
Category B: Could denote institutions or products with a slightly higher risk but still acceptable within certain regulatory frameworks.
🔗 https://cbi.iq/news/view/2638
https://x.com/Prolotario1/status/1823503081574731878
LEGAL WAYS TO MINIMIZE YOUR TAX LIABILITY BY DINAR REVALUATION, 14 AUGUST
It's great that you're looking for ways to manage your taxes responsibly! In the United States, there are legal ways to minimize your tax liability, and they involve taking advantage of tax benefits and deductions provided by the law. Here are some strategies to consider:
Tax-Advantaged Accounts:
- Retirement Accounts: Contribute to tax-deferred accounts like a 401(k) or a Traditional IRA. Contributions to these accounts reduce your taxable income for the year.
- Health Savings Accounts (HSAs): If you have a high-deductible health plan, contributions to an HSA are tax-deductible, and withdrawals for qualified medical expenses are tax-free.
Deductions and Credits:
- Itemized Deductions: If you itemize deductions, you might be able to deduct mortgage interest, state and local taxes, charitable contributions, and medical expenses.
- Tax Credits: Look into credits such as the Earned Income Tax Credit (EITC), Child Tax Credit, and education-related credits (e.g., Lifetime Learning Credit, American Opportunity Credit).
Business Expenses:
- Deductible Business Expenses: If you’re self-employed or run a business, you can deduct legitimate business expenses such as office supplies, travel expenses, and part of your home expenses if you qualify for a home office deduction.
Income Splitting:
- Gifting: Gift income or assets to family members in lower tax brackets. This can sometimes reduce the overall family tax liability, but be mindful of the gift tax limits and rules.
Tax-Efficient Investments:
- Municipal Bonds: Interest from municipal bonds is often exempt from federal income tax and sometimes state and local taxes.
- Long-Term Capital Gains: Hold investments for over a year to benefit from lower long-term capital gains tax rates.
Timing Income and Expenses:
- Accelerate Deductions: If you're close to the threshold for itemizing, consider accelerating deductible expenses into the current year.
- Defer Income: If possible, defer income to the next tax year, especially if you anticipate being in a lower tax bracket.
Tax-Exempt Investments:
- Roth IRAs: Contributions to Roth IRAs are made with after-tax dollars, but qualified withdrawals are tax-free.
Remember, while these strategies can help minimize your tax liability, it's essential to ensure that any approach you take complies with IRS regulations. Consulting a tax professional or financial advisor can provide personalized advice based on your specific financial situation.
Coffee with MarkZ. 08/14/2024
"THE PROGRESS ON THE OIL AND GAS LAW REMANS STALLED DUE TO ONGOING POLITICAL DISAGREEMENTS" BY DINAR REVALUATION, 14 AUGUST
Parliamentary Wealth: Oil And Gas Law Stalled In Government Halls
Economy Information / Baghdad.. Deputy Chairman of the Oil, Gas and Natural Resources Committee, Nehru Rawandozi, revealed today, Wednesday, the latest developments related to the legislation of the oil and gas law according to the political agreement between Baghdad and Erbil.
Rawandozi told / Al-Maalouma / agency, "The legislation of the law was part of the political agreement paper on the basis of which the current government was formed, but the issue of its legislation still faces many differences."
He added that "the committees formed by the government have not completed their work in full, which hinders sending the draft of the oil and gas law to the Council of Representatives."
He pointed out that "there are political differences over the draft of the oil and gas law between the center, the region and the oil-producing provinces, noting that there is a government committee formed by the Prime Minister consisting of representatives of the three main components in Iraq: Shiites, Sunnis and Kurds."
He pointed out that "the committee tasked with preparing the draft law has not completed its work in full so far, which hinders sending the draft law to the Council of Representatives." LINK
ANALYSIS:
The progress on the oil and gas law in Iraq remains stalled due to ongoing political disagreements and incomplete work by the relevant committees.
According to Nehru Rawandozi, Deputy Chairman of the Oil, Gas, and Natural Resources Committee, the legislation of this law was intended to be a key part of the political agreement underpinning the current government formation.
However, the drafting and approval process faces significant hurdles.
Rawandozi highlighted that the committees responsible for preparing the draft law have not finalized their work.
This delay is attributed to political differences among various groups, including the central government, regional authorities, and oil-producing provinces.
Additionally, a government committee, which includes representatives from the Shiite, Sunni, and Kurdish communities, is struggling to resolve these differences and complete the draft.
As a result, the draft law has yet to be presented to the Council of Representatives, further impeding progress on this critical issue.
BRUCE HIGHLIGHTS, 14 AUGUST
Tues. 13 Aug. 2024 Bruce
- Last night we were told we were in a 7 day window from Wed. 14 to Wed. 21
- Today there was a conference call between paymasters at Wells and the CBI.
- The 19 currencies on the screen were slow blinking. One currency went down (the USN) that was no longer the fed – meaning we were about to start.
- The USN was part of NESARA – debt forgiveness that started Sun. 11 Aug. It is zeroing out all mortgages over a ten day process ending Sat. 10 Aug.
- Credit card forgiveness will be wiped out by Sat. 31 Aug.
- Farm claims began to be paid out 8 Aug. Black farmers were paid out first.
- Exchanges were to start Mon. 19 Aug.
- We would be notified over the weekend.