Wed. 2 Oct. 2024 Wolverine
Thursday, October 3, 2024
CONTRACTS ARE STARTING TO GET PAID BY WOLVERINE, 3 OCT
Wed. 2 Oct. 2024 Wolverine
Washington embassy: Tuesday’s attack targeted a US diplomatic facility in Baghdad, 3 OCT
Shafak News / The US Embassy in Baghdad issued, on Tuesday evening, a clarification about the attack that targeted its interests, indicating that the target was a diplomatic facility.
The embassy spokesman said in a statement, which responded to Shafak News Agency, that unidentified forces launched today an attack on the Diplomatic Support Complex in Baghdad, an American diplomatic facility, indicating that the attack did not result in any injuries, and the damage assessment process is still ongoing.
The spokesman added that some media reported that the attack took place on or near the “Camp Victory” base, and this information is inaccurate, as the United States handed over control of what was formerly known as “Camp Victory” to the government of Iraq in 2011, and does not currently have a US military base.
He explained that the site that was attacked near Baghdad International Airport is the Diplomatic Support Complex in Baghdad, an American diplomatic facility, calling on the media to update their information to reflect this fact.
Earlier this evening, US Ambassador to Iraq Elena Romansky said that attacks on diplomatic missions in the capital Baghdad “must stop.”
She confirmed in a tweet through her official account, on the X website, that last night he had launched an attack on the diplomatic support complex in Baghdad, an American diplomatic facility, and fortunately, there were no injuries.
Romanski expressed its appreciation for the rapid response of the Government of Iraq to the attack, reiterating its request for cooperation with them to protect the staff and facilities of diplomatic missions and coalition partners. She also called for these attacks to stop.
The target site near Baghdad International Airport was hit early on Tuesday morning by three rockets, the first fell in its vicinity, and the other at the headquarters of the second regiment of the counter-terrorism service, and the other near a runway at the civilian airport, according to a security source told Shafaq News.
https://shafaq.com/ar/سیاسة/سفارة-واشنطن-هجوم-الثلاثا-استهدف-منش-ة-دبلوماسية-امريكية-ببغداد
RV UPDATE BY PIMPY, 3 OCT
Pimpy
Unfortunately it is everywhere. Protests are happening in Jordan, Turkey, Iraq...
For those of us invested in the Iraqi dinar we're definitely paying attention to what's going on over there in Iraq because it could have an effect on the Iraqi dinar if we can't get things calmed down.
We'll keep an eye on it and see what happens..
KRG: Partnering with Baghdad to Enhance Economic Development and Attract Investment, 3 OCT
Baghdad – INA
Faris Issa, a representative of the Kurdistan Regional Government (KRG), stated on Tuesday that Iraq has emerged as an attractive destination for capital investment, bolstered by its political and security stability. He emphasized the importance of collaboration with the federal government in driving economic activity and attracting potential investors.
Speaking at the Global Investor Day conference in Baghdad—covered by the Iraqi News Agency (INA)—Issa noted, “In accordance with Investment Law No. 4 of 2006, the KRG has issued licenses and permits for various projects outlined in the investment law, while providing investment opportunities tailored to the region’s specific needs. Furthermore, the KRG supports investors by facilitating the importation of essential equipment and raw materials, offering tax and customs duty exemptions, and providing land for project development.”
He highlighted that these initiatives have fostered a favorable investment climate in the Kurdistan Region, enabling it to attract numerous foreign companies and investors who have launched various small and strategic projects across multiple sectors. “The KRG remains committed to well-planned and ambitious strategies aimed at attracting additional companies to meet the region’s requirements,” he explained.
Issa pointed out that effective cooperation and coordination between the investment authorities of the federal government and the KRG are vital in formulating robust plans and programs that align with Iraq’s economic realities. He stressed the importance of leveraging the experiences and expertise of developed nations in this area.
“Investment plays a crucial role in global economies, primarily aimed at increasing financial returns for nations, companies, and investors,” he said. “It also strengthens the national economy by diversifying revenue streams and achieving sustainable development.”
Moreover, he acknowledged that the success of investments is contingent upon various factors, including economic and political stability, positive growth projections, technological advancements, and innovations in emerging sectors. Effective government policies and programs that encourage investment, simplify tax processes, and create an investor-friendly environment are essential.
Issa concluded that “Iraq, owing to its current security and political stability, represents a promising environment for attracting capital and foreign enterprises. In this context, we are working closely with Baghdad to cultivate an environment conducive to investment, stimulate economic activity, and mitigate the rentier economy that heavily depends on oil revenues, which are often subject to global price fluctuations affecting our economy both positively and negatively.”
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