💢 I've taught for years that Wealth Management teams who work for a bank are beholden to do that which is in the best interest of the bank - not you, the customer. Of course they want you to make money, because the investments you do well with will indeed make them money. But their main goal and focus has to be to best protect their employer's business needs
Not yours, primarily. Keep this in mind.
Here's a resource for you to learn how to find independent wealth managers.
On Friday, Prime Minister Muhammad Shiaa Al-Sudani discussed with US Vice President Kamala Harris the continuation of the dialogue through the Joint Supreme Committee to end the tasks of the international coalition to fight ISIS in Iraq, and the latter renewed her invitation to Sudan to visit Washington.
A statement from Al-Sudani’s office, a copy of which was received by 964 Network , stated :
Today, Friday, Prime Minister, Mr. Muhammad Shiaa Al-Sudani, met with US Vice President, Ms. Kamala Harris, on the sidelines of his Excellency’s participation in the 2024 Munich Security Conference.
The meeting witnessed discussion of bilateral relations between Iraq and the United States, and an emphasis on the continuation of dialogue through the Joint Supreme Committee to end the tasks of the international coalition to fight ISIS in Iraq, after the capabilities of the Iraqi armed forces have grown and the threat of the remnants of terrorism has receded.
During the meeting, the transition in the relationship between the United States and Iraq to all aspects of joint bilateral cooperation in all economic and development fields within the strategic framework agreement between the two countries was also discussed.
The Prime Minister renewed Iraq’s firm position regarding sovereignty over Iraqi territory, as it is one of the principles that cannot be tolerated or neglected under various reasons and circumstances.
For her part, Ms. Kamala Harris conveyed the greetings of the US President, Mr. Joseph Biden, renewing his invitation to His Excellency to visit Washington, and stressed the American administration’s keenness on the success of the Iraqi government in various fields and files in facing various challenges, noting that the current government has proven its ability to find successful partnerships from It would achieve stability in Iraq and contribute to stabilizing the region. She also expressed her country’s interest in the ongoing dialogue through the Joint Supreme Committee regarding ending the mission of the international coalition.
Article: "Minister of Commerce: International welcome and desire to increase investments in Iraq"
Article quote: "the meeting came out with many decision that were approved including ... welcoming Iraq's accession to the World Trade Organization."
That's awesome...
Are we waiting for a major announcement?
Remember Salih said there was going to be a major announcement and we haven't heard it yet. This right here is that this major announcement? I don't think so. It's almost like leakage...
Iraq is a border country with Kuwait. Iraq is considerably larger than Kuwait...They have massive amount of oil...liquid natural gas...gold...some of the biggest mineral deposits in the world that Kuwait does not have.
You have to ask, why did they bring this up?
- Article quote: "The Kuwaiti dinar ranked on the throne of currencies in the world for the year 2024 while the US dollar came in last place on the list of 10 strongest global currencies ...the dinar of the Gulf State is divided into 1,000 smaller units known as fils."
Iraq does not have fils. They're going to be talking about fils because why? Because...Al-Sudani has stated the dinar is stronger than the dollar. They're going to need to be able to make change...When they bring this up with Iraq's situation I think they're doing it in a manner that suggests the region can support Iraq having a strong currency stronger than the dollar..
Mawazine News – Baghdad The coalition began the coordination framework in Iraq by mapping the Shiite seats that will be produced by the parliamentary elections in 2025, and a study showed that the Prime Minister, Mohammed Shiaa Al-Sudani, will lead an alliance that weighed more than a third of the Shiite seats, according to three reliable sources. One of these sources told Asharq Al-Awsat that “the study prepared by the «Coordination Framework»,” concluded that each Shiite party will get the same number of seats as it obtained in the local elections held in October 2023, and the Sudanese is supposed to get about 60 seats in the next parliament, although he did not participate in local elections.” While the study acknowledged that “the prime minister has achieved over the past months flexible alliances with Shiite forces, a second source said that “the coordination framework did not accommodate Sudani’s ability to formulate this weight.” According to the study, the Sudanese alliance “includes 3 conservatives who succeeded in the last elections, completely out of the cloak of the coordination framework.” A third source explained that the Sudanese’s other allies constitute a mixture of forces that emerged from the Tishreen protest movement, rising forces (for which parliamentary representation preceded it), and parties close to Iran that achieved remarkable results in local elections. The three sources said that “the Sudanese alone will achieve about 10 seats, and his alliance is expected to win about 60 seats, which constitutes more than a third of the Shiite seats estimated by the “frame” at about 180 seats.”
"...it was decided to transfer all financial transactions electronically through the (POS) point of sale system in traffic departments in Baghdad and all governorates instead of cash dealing.” ...it is a borderline “WOW!” article for us today as Dinar investors. ...electronic banking and POS has been on the radar and will continue to be pivotal in the monetary reform process.... It is a very good step, a sign in the right direction and may help take the demand off the dollars thus reducing the rate in the black market for the dollar.
"BOOTS ON THE GROUND REPORT" BY MNT GOAT, 16 FEB
The good news is that this final rate change must be getting close at hand as my CBI contact informed us last week, as you already may know, that someone on the committee team was tasked to supply the IT people with a good set of pictures of the lower denominations along with the coins and a written explanation of how the conversion would work from the three zero notes.
This all fits into what we are now hearing in our news of today only let’s not go off half-cocked and over speculate on the news,,,okay, like some idiots I know… ☹ . However, keep that champagne ready!
