More News, Rumors and Opinions Thursday Afternoon 6-20-2024
KTFA:
Clare: National Bank of Iraq
@NBIraq: بخطوات بسيطة هسه تكدر تودع فلوسك من خلال اجهزة الصراف الآلي بكل سهولة
TRANSLATION: With simple steps, you can now deposit your money through ATMs with ease
CLICK THE LINK TO WATCH THE VIDEO ABOUT THE ATM's https://x.com/NBIraq/status/18.....1991153862
Ryan1216: We have to be EXTREMELY CLOSE to a rate change now that money can be deposited into ATM’s. IMO. What do you think Clare?
Clare: IMO, WE ARE EXTREMELY CLOSE. THE LAST FEW UB2B'S SHOW THAT. DID YOU CATCH WHAT EDDIE'S FRIEND SAID LAST NIGHT? "AT ANY MOMENT" IT COULD BE POSSIBLE.
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Clare: KBR wins $46m Contract to Support Sustainable Development in Iraq
19th June 2024 By John Lee.
American engineering firm KBR has announced that it has been awarded a five-year contract, with options, to support the Iraqi government's visionary infrastructure and future energy ambitions, including the delivery of megaprojects and sustainable development.
Under the terms of the $46 million contract, KBR will provide its differentiated advisory and consultancy capabilities to the Iraqi Government's Ministry of Planning, with a focus on creating an effective program environment to support successful delivery of strategic megaprojects.
Focus areas of KBR expertise supporting the ministry, who interface with all ministries and formations in the Iraqi government, will include economic planning, strategy development, feasibility studies, technical reviews and large-scale project management.
This contract, which encompasses a comprehensive range of planning and development services, will further elevate the significant role KBR is playing in the development of Iraq's energy sector - working closely with various ministries to identify, design and implement critical projects aimed at enhancing the country's economic and social landscape.
KBR's focus on innovation and sustainability will be integral to delivering the ambitious development plans, aligning with Iraq's long-term vision for growth and environmental stewardship.
Jay Ibrahim, President of KBR Sustainable Technology Solutions, said:
"This is a great example of KBR utilizing its growing global capabilities to support regeneration and sustainable growth of a nation. We are proud to further our partnerships in country, where we are already helping make our customers' ambitious plans a reality. With our deep expertise in engineering and energy solutions, KBR is well positioned to help our valued customers meet their energy security and sustainability objectives."
KBR will support delivery from its global locations, in addition to expanding its well-established footprint in country through the creation of an operational office in Baghdad and the wider prospect of building an engineering design center to enhance the skills of Iraqi engineers. LINK
BuckEyeTree: More good news for Iraq with KBR, an American company, establishing an operational office in Baghdad.
Also, the ATM tutorial about ability to make deposits into the ATMs is not only a convenience for Iraqis, but IMO another way for the CBI to collect 3 zero notes that may be in the dinar mattresses.
IMO in the coming days, Iraqis will be able to withdraw the lower notes as soon as they are released with new rate. Just waiting whatever comes next.
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Article: "The Iraqi government is currently weighing the question of changing the currency so the official cost of the US dollar will be 1.32 Iraqi dinars instead of 1320. Implementing such a decision is likely significantly increase Al-Sudani's popularity." That was March 11, 2024.
Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank guy said...Sudani...sent Alaq out in February...to announce to everybody that we were going to have a change in our exchange rate. Then Sudani comes out and talks to us about it as well...in March...considering a change in our currency to 1.32 from 1320. Now that the budget is about to be revealed he strongly suggests to me that we will be seeing the new exchange rate at 1.32 instead of 1320. FRANK: They keep the exchange rate at 1320 to give you more purchasing power...They are about to give this power to you.
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Tax Scenario for Exotic Currency & Crypto Profits
Edu Matrix: 6-20-2024
Tax Scenario for Exotic Currency & Crypto Profits: Many of you say you want an RV; however, if it were to happen tomorrow, many of you would not be ready.
Housing Market CRASH Early Warning Signs
Taylor Kenny: 6-20-2024
As the housing market teeters on the edge of instability, signs of trouble loom large despite record prices and dwindling inventory.
With echoes of the 2008 crash, risky financial practices like 0% down payment loans resurface, threatening to ensnare vulnerable buyers in a web of debt and foreclosure.
Against a backdrop of economic slowdown, rising inflation, and banking sector vulnerabilities, the looming specter of a market crash underscores the urgent need for safeguarding wealth with tangible assets like gold and silver.