ABOUT CONTROVERSIAL LAWS & BUDGET THAT NEED STILL BE APPROVED IN IRAQ BY MARKZ, 4 OCT

 MarkZ 

 [via PDK] 

 “Finance Committee: Discussion of 2025 budget tables will begin next month”  That is November. 

Why is that important?  

The rate. They are still settling out 2024 and 2023…now suddenly they are going to be ready for 2025 and its tables? 

I believe this tells us we will soon have a rate in order for them to fix those tables.

There is some good stuff out of Iraq today. “Parliamentary conquest reveals an agreement to pass two controversial laws today” this is very important news. 

 This is the personal status law and the Return of real estate to its owners covered by some decisions of the dissolved revolutionary command council law...These are settlements for other things that we were told we would see right before they do the dinar change in value. For me this is huge...To me this shows us how close we are. 

FIREFLY: DELETING ZEROS FROM THE DINAR WAS EXPLAINED ON TV @DINARREVALUA...

CBI launches euro-based financial transfers to Turkiye, 4 OCT

 Shafaq News/ The Central Bank of Iraq has initiated euro-based financial transfers to Turkiye.

The announcement was made during a meeting between the Governor of the Central Bank of Iraq, Ali Al-Alaq, and the Turkish ambassador to Iraq Anil Bora Inan, along with representatives from Turkish banks operating in Iraq, according to a statement from the Central Bank.

According to a statement from CBI, the new mechanism, implemented for the first time, facilitates financial transfers to Turkiye in euros through Turkish banks. “This system aims to streamline trade coverage with greater speed and efficiency, offering a smoother process for business transactions between the two countries.”

The meeting also focused on ensuring the success of the new mechanism by addressing its requirements, particularly in managing the high volume of transfers from traders and the business sector.

“The Turkish bank representatives expressed their readiness to implement the system and meet the regulatory and oversight demands in coordination with international auditing firms.” They also emphasized their efforts to expand relationships with accredited correspondent banks.

Turkiye’s ambassador praised the Central Bank of Iraq for its efforts in managing the shift to external transfers and commended the bank's measures to organize and facilitate these processes. He highlighted the importance of continued direct coordination between the Central Bank and licensed banks to ensure the smooth operation of this new system, according to the statement.

RV UPDATE BY MNT GOAT, 4 OCT

 Mnt Goat 

 Prime Minister Mohammed Shia al-Sudani expressed, on Thursday, Iraq’s readiness to enter into a partnership with American companies in the oil industry sector, revealing at the same time his government’s intention to establish a new Iraqi bank.

 This came during his participation in New York...can the news get any better?

 Finally the US is engaging Iraq and seriously taking on partnerships, especially in the energy sector. So we know if the US is invested in Iraq something is up….

Jon Dowling Breaking News Concerning The Dinar XRP Nuclear Power Plants ...

Iraq and Kuwait resume their negotiations “soon” to solve outstanding problems, 4 OCT

 Foreign Minister Fouad Hussein announced the imminent resumption of Iraqi-Kuwaiti negotiations to resolve outstanding problems between the two countries.

A statement from the Foreign Ministry, a copy of which {Al-Furat News} received, said that Hussein “received in Washington Barbara Lev, the US Assistant Secretary of State for Near Eastern Affairs, where they discussed the strengthening bilateral relations and joint cooperation between the two countries. The need for a ceasefire in the region and resolving crises through diplomatic means, and the importance of exerting efforts to help displaced Lebanese and provide support to end the humanitarian crisis.”

The Assistant Foreign Minister expressed his full support for Iraq and the efforts of the Iraqi government in containing the crises.

The statement pointed to “touching on the issue of solving the outstanding problems with the State of Kuwait and the need to return to the negotiating table.”

In this regard, the Iraqi Foreign Minister stressed that “the recent meetings in New York between the Iraqi and Kuwaiti delegations confirmed that dialogues are the right way to solve the problems, and that they will begin soon,” pointing to “Iraq’s real desire to reach understandings to resolve the existing differences.”

According to the statement, the two parties agreed on the need for calm and the keenness of all parties to not expand the circle of conflict in the Middle East, and to exert the necessary efforts to end the conflict and spare the region the risk of escalation.

https://alforatnews.iq/news/العراق-والكويت-يستأنفان-مفاوضاتها-بـالقريب-العاجل-لحل-مشاكل-عالقة

ABOUT ASSET PROTECTION BY FNU LNU., 4 OCT

  Fnu Lnu

  I have never been accused of being soft spoken...Taxes: ...There are rich people and there are poor people. The difference is that the poor pay taxes all their life and the rich pay little to no taxes. 

The Tax Code (IRC) is written for both. You DO NOT have to pay out one third to one half your exchange funds in taxes.

 You can use a Charitable Remainder Uni-Trust and pay only 10% in taxes and those taxes are deferred for 20 years if you wish.

 Find an Asset Protection organization or attorney...It [The CRUT} is a two page document and gives you the legal right to pay ZERO capital gains taxes... and you can buy and sell using the Trust...This is perfect for real estate but can be used for an unlimited number of purposes..

 Next, you do not need an army or "Team" to help you handle your money. You need only find a reputable asset protection firm or attorney...Doing it this way eliminates wealth managers, lawyers, CPA's, investment councilors, etc. The asset professional will usually have an in-house CPA...What exactly are you doing anyway? You are eliminating all three wealth killers.

 Those are Lawsuits, Taxes, and Estate Planning...You will...pay minimum taxes, and mitigate Taxes, Lawsuits, and Estate Planning. This...will insure that you get wealthy, stay wealthy, and pass your wealth on to your heirs without probate, estate taxes, death taxes, or capital gains taxes.