Dinar Recaps

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More News, Rumors and Opinions Monday Afternoon 10-7-2024

KTFA:

Frank26:  "DIGITALIZATION IS THE MONETARY REFORM."..........F26

 Clare: Al-Sudani's Advisor: Digital Transformation Will Boost Iraq's Efficiency and Attract Foreign Investment

10/7/2024

Al-Khatib in a speech during the Real Estate Investment Forum, followed by 964 Network :

On behalf of Prime Minister Mohammed Shia Al-Sudani, I am pleased to welcome you all to the Real Estate Investment Forum in Digital Transformation.

Holding this forum represents an important step towards strengthening the real estate investment sector in Iraq and developing this field to keep pace with the requirements of the digital age.

The government has paid great attention to the digital transformation process in various sectors, most notably the real estate sector, given its importance in achieving sustainable economic development.

Adopting modern technologies in this field will lead to increased efficiency and transparency and enhance Iraq’s ability to attract local and foreign investments.

The government is aware of the challenges facing the real estate investment sector.

Joint cooperation between the government, the private sector and experts will lead to the development of effective strategies that support overcoming these challenges and achieving the desired goals.

The forum aims to exchange ideas and visions and work together to develop innovative solutions that advance the digital transformation process in the real estate investment sector.   LINK

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Frank26:  "SUDANI IS NOT TAKING IT ANYMORE!!!"......F26

Clare:  Iraqi judiciary issues arrest warrant against Integrity Commission Chairman Haider Hanoun

10/7/2024

On Monday, the Iraqi judiciary issued an arrest warrant against the acting head of the Integrity Commission, Haider Hanoun.

According to a judicial source, who spoke to Shafaq News Agency, "The Third Karkh Investigation Court issued an arrest warrant for Haider Hanoun, the acting head of the Integrity Commission, for not appearing before the court in the cases in which he was accused, and to investigate the audio recordings."

The source added, "The court sent notices to Hanoun to attend more than once, but he failed to do so."

The Supreme Judicial Council in Iraq announced, in mid-September, that it had begun taking legal action against the head of the Federal Integrity Commission, Judge Haider Hanoun, due to the statements he made during a press conference in Erbil last week, describing those statements asincorrect allegations.”

The head of the Federal Integrity Commission, Haider Hanoun, had directed severe criticism at Judge Diaa Jaafar, during an angry scene during a press conference he held in Erbil, dedicated to revealing the secrets of the “theft of the century” that shook the political circles in the country .

The head of the Integrity Commission expressed his anger over what he described as the weakening of the commission and the disappearance of files from the case of the accused Nour Zuhair from Judge Diaa Jaafar, stressing that these developments constitute a major challenge to efforts to combat corruption and recover looted state funds.   LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26  I suggested if you had a receipt and you've had your currency for more than a year, you'll be in the 15% to 20% tax bracket.  Oh, but if you don't have a receipt or if you try to exchange your currency before...one year of you having it, you'll probably be in the 40% range...IMO  [Dinar Guru Note:  Consult with your financial and tax advisors at the appropriate time to determine the right taxes of exchange for your unique circumstances]

Militia Man  A new [financial] system that is fast and effect - digitally.  Hopefully they're talking about they're going to have to have an exchange rate to do that. A Real Effective Exchange Rate gets them across borders.  From here on out a different playing field, a digital playing field.  I think that's where we are.  I think it's really powerful information.

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Bank of America Sends Warning: ALL Account Holders Are at Risk!

Atlantis Report:  10-6-2024

In a world where financial stability is a top priority for individuals and businesses alike, any warning from a major financial institution deserves our attention.

Recently, Bank of America, one of the largest banks in the United States, raised a red flag for all its account holders. The warning highlights several key issues that could jeopardize the financial well-being of millions of Americans. Bank of America has issued a critical warning to all its account holders.

The bank highlights that everyone is at risk due to various financial uncertainties. This alert, based on their latest market analysis, is crucial for investors and general account holders.

https://www.youtube.com/watch?v=UHaqEpSvXmU

"WORSE Than 2008-09..." - David Hunter

LifeWorthLiving:  10-7-2024

David Hunter forecasts that the broad market is set for an 80% crash in the next year, in a bust he believes could be one of the biggest financial downturns in history.

The good news for commodities investors is that he sees an unprecedented supercycle for hard assets on the other side, where gold, silver, energy, uranium, copper, and other vital commodities will explode in value beyond what anyone can anticipate.

https://www.youtube.com/watch?v=1UaAiUKt_Cc