More News, Rumors and Opinions Wednesday Afternoon 5-3-2023
KTFA:
Clare: Al-Sudani: Iraq's relations with Arab countries have reached their best
5/03/2023
Prime Minister Muhammad Shia Al-Sudani said that Iraq's relations with the Arab countries "have reached their best condition through mutual respect and respect for the sovereignty of the Iraqi state."
Al-Sudani said at the Mineral Investment Conference: "The role of Iraq today has become a pioneer in the region, and today's conference is qualitative and is held for the first time in Iraq," noting that "the Iraqi investment law and its amendments is the best in the countries of the region."
He called on "the private sector to enter and work in Iraq in the industrial field. Work must be done to develop this sector through the minerals owned by Iraq," stressing, "We must work to define Iraq's industrial identity."
He pointed out that "there are opportunities offered for investment in the industrial sector, which must be activated in a way that serves the interest of the country, and we will work to achieve a balance between the public and private sectors in terms of the distribution of workers."
And Al-Sudani said that "providing guarantees and facilities for the private sector is a priority for the government to absorb unemployment," stressing that "Iraq is capable of producing a national industry comparable to what is produced in Arab countries."The Prime Minister said: "We will not remain spectators while Iraq remains a consumer market, but there will be a national production."
He considered this conference "an important opportunity that should be invested by companies, and the government is serious about supporting the private sector and investors," stressing, "We will not leave the investor alone, and we will work to provide all guarantees and facilities LINK
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Courtesy of Dinar Guru
Pimpy Iraq's doing everything they can to just tread water for now and doing a pretty good job if you ask me. Iraq has $115 billion in reserve assets. That's awesome. Plus you add that to the gold I'd say they're doing pretty good.
Mnt Goat ...back to the Dr. Shabibi days, when he was the director of the CBI, he told us that there must be stability and security for the “project to delete the zeros”... he told us the dinar must be stable. Part of this stability he said meant that it must stabilize at a rate matching the parallel market rate with a variance of only 2%...This was back in 2011-2012 folks... He was about to de-peg from the dollar and begin the project to delete the zeros when Nori al-Maliki corruption stopped it...So, once again in today’s news we have word of this same requirement... They have to follow the same plan. Only now they have already de-pegged from the dollar and much farther ahead, almost to a point of no return...
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TNT:
Tishwash: Commerce announces the service of launching the electronic deposit of Iraqi companies
Today, Wednesday, the Ministry of Commerce announced the launch of the electronic deposit service for Iraqi companies, in cooperation with the National Data Center.The ministry stated, in a statement, received by the Iraqi News Agency (INA), that "the Companies Registration Department in the Ministry of Commerce launched the Iraqi companies' deposit service electronically in cooperation with the National Data Center in the General Secretariat of the Council of Ministers through the Ur electronic portal, which is a service dedicated to launching the amount of capital deposited in One of the licensed banks after issuing the certificate of incorporation of the company.
The director general of the department, Rashad Khalaf Hashim, said, according to the statement: "In order to facilitate the services provided to the business sector in Iraq, the department completed the Ur platform for integrated electronic services, supported by electronic payment, which allows business owners to complete their transactions easily, away from the paper routine."
He explained, "The service is characterized by the process of providing services electronically, which enables the citizen to automatically calculate and know the details of the required fees, activate the electronic payment feature for service fees, and transparency in the use of the service that enables follow-up of the transaction and receiving notifications via mobile phone, as well as shortening the time and effort of the citizen and the employee." together".
And he continued, "The department is moving towards electronic governance and a comprehensive digital transformation of work to improve institutional performance and support sustainable development to eliminate corruption in order to improve government services," pointing out that "many other electronic services will be launched, including the final accounts service, the ratification service, and other services that it provides." The department is in the field of its work successively link
Collapse Will Happen 'Very Quickly', Smart People are Stacking Gold and Silver Now: Rafi Farber
Commodity Culture: 5-3-2023
Founder of the End Game Investor Rafi Farber believes a collapse of our current monetary system is inevitable and when it happens, it will take those without gold and silver by surprise.
Rafi sees a light at the end of the tunnel after a much-needed cleansing of our fake currency, as sound money once again prevails.
The Mysteries Behind First Republic Bank's Failure and JP Morgan's Acquisition
Lynette Zang: 5-2-2023
What is going on with the recent collapse of First Republic Bank? How you can protect yourself? With JP Morgan buying out their assets, the industry is trying to contain the situation, but the truth is that the fuse is getting smaller and smaller until the entire system implodes or explodes.
This isn't just about survival, it's about thriving through the chaos and it's clear that this is going to get a whole lot worse.
Don't miss out on this urgent discussion.
Chapters:
0:00 First Republic Bank
1:50 Unsecured Deposits
5:14 Trading Halts
11:39 JP Morgan Receivership
17:02 Bank Deposits Fall
20:21 Gold Safety