Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

The Do's And Don'ts After Receiving An Inheritance

Brad Smith·Host Tue, Apr 16, 2024,

As older Americans prepare to transfer their wealth or will it to their family, what should inheritors know before receiving this large sum of money?

Wealthstream Advisors Financial Advisor Katharine George explains the do's and don'ts when inheriting wealth, which includes money and even real estate property.

"I try to stay away from rules of thumbs but I would say in general, [avoid] making big decisions. I would say wait about six months or so, especially if you're grieving," George says. "These big changes... in that short period of time when you're grieving if it was someone close to you, we don't want to make any decisions that are rash. So buying another property or going on a big vacation.

These big changes, it could be that you need these assets invested and saved for your long term or it could be you could retire tomorrow. It really depends on the personal situation but not making any of these big decisions immediately after is really important, really let the dust settle."

The Do's And Don'ts After Receiving An Inheritance

Brad Smith·Host  Tue, Apr 16, 2024,

As older Americans prepare to transfer their wealth or will it to their family, what should inheritors know before receiving this large sum of money?

Wealthstream Advisors Financial Advisor Katharine George explains the do's and don'ts when inheriting wealth, which includes money and even real estate property.

"I try to stay away from rules of thumbs but I would say in general, [avoid] making big decisions. I would say wait about six months or so, especially if you're grieving," George says. "These big changes... in that short period of time when you're grieving if it was someone close to you, we don't want to make any decisions that are rash. So buying another property or going on a big vacation.

These big changes, it could be that you need these assets invested and saved for your long term or it could be you could retire tomorrow. It really depends on the personal situation but not making any of these big decisions immediately after is really important, really let the dust settle."

This post was written by Luke Carberry Mogan.

Video Transcript

BRAD SMITH: Well, the baby Boomer generation is aging. We all are, come on now. With its oldest members nearing 80 years old. And for a generation that has done quite well for themselves, that wealth is now starting to be passed down to younger generations. Gen X and millennials are slowly starting to inherit large sums of money investments or even pieces of real estate. All of this can certainly overwhelm and alter your life.

So what should you be doing with inheritance, and what are the tax implications behind the Great Wealth Transfer as well? For more, I'm joined by Katharine George, Wealthstream Advisors financial advisor. First and foremost, we should just say, appreciate your family members while they're here. Spend that time with them. Enjoy so much of that experience.

And then if you do have to get into a position where you've got to figure out what to do with this windfall of assets, now, what do you do? What is the most apt decision that people should start to make and where they can start the thought process, Katharine?

KATHARINE GEORGE: Well, Brad, I mean, there's lots of different types of assets that people invest like you just mentioned. I'd say, the number 1 question that I get from clients who just got money is, do I have to report this on my tax return? They just got $1,000 in cash. Is this taxable? The answer is no. When you receive assets, that is not taxable. It's when you sell something or when you pull from the retirement account, that's really when the taxes could come into play.

But the first decision is really to decide, should I sell this? Is this an appropriate investment for me? These types of investments can be bucketed into non-retirement assets and retirement assets. And with non-retirement assets, there's actually a big tax advantage to selling. In most cases, when someone passes away, what they paid for the asset kind of gets stepped up to the market value today, meaning that if you sell it, there's no taxes.

So there is a period of time where you can sell the investments that you receive and maybe put it into something that would be more beneficial for you. That's kind of the first tip.

BRAD SMITH: What about real estate or other illiquid assets?

To Read More:

https://finance.yahoo.com/video/dos-donts-receiving-inheritance-162116156.html

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Chats and Rumors Dinar Recaps 20 Chats and Rumors Dinar Recaps 20

DJ: DID YOU KNOW? “Misinformation”

DJ: DID YOU KNOW?

In the digital age, information is abundant, flowing freely through the vast expanse of the internet. Yet, amongst this ocean of data, lurks a perilous adversary: misinformation.

 Like a stealthy predator, misinformation preys on the unsuspecting, distorting truth, sowing seeds of confusion, and undermining the very foundation of knowledge.

The consequences of misinformation are dire, permeating every facet of society. From public health crises to political discord, its effects are far-reaching and profound.

In recent years, we’ve witnessed the devastating impact of falsehoods on a global scale, from the spread of harmful conspiracy theories to the erosion of trust in institutions.

DJ: DID YOU KNOW?

In the digital age, information is abundant, flowing freely through the vast expanse of the internet. Yet, amongst this ocean of data, lurks a perilous adversary: misinformation.

 Like a stealthy predator, misinformation preys on the unsuspecting, distorting truth, sowing seeds of confusion, and undermining the very foundation of knowledge.

The consequences of misinformation are dire, permeating every facet of society. From public health crises to political discord, its effects are far-reaching and profound.

In recent years, we’ve witnessed the devastating impact of falsehoods on a global scale, from the spread of harmful conspiracy theories to the erosion of trust in institutions.

To be duped into joining cults and stupid fads, to be manipulated into voting for politicians who promote disastrous policies, to be fooled into ordering sham products, to be tricked into donating vast sums of money to charlatans

To waste decades trying out false solutions to medical ailments, to unwittingly spread misinformation to close friends, is not only unwise. It may ultimately be deadly for the ignorant. It may destroy the minds of the most vulnerable.

One of the most insidious aspects of misinformation is its ability to masquerade as truth.

 In an era where anyone with an internet connection can be a publisher, distinguishing fact from fiction has become increasingly challenging. Misinformation often wears the cloak of credibility, leveraging persuasive language and cherry-picked evidence to deceive even the most discerning minds.

Moreover, the rapid dissemination of misinformation in the digital age has amplified its potency. With the click of a button, falsehoods can be shared to millions in a matter of seconds, outpacing efforts to debunk them.

This phenomenon, coupled with the echo chambers of social media, creates fertile ground for the proliferation of misinformation, perpetuating falsehoods and deepening societal divides.

The perils of misinformation extend beyond individual belief; they strike at the very heart of our democracy. In a society where informed citizenry is the cornerstone of governance, the spread of falsehoods undermines the democratic process, subverting the will of the people and corroding the pillars of a free and fair society.

To combat the scourge of misinformation, concerted efforts are needed on multiple fronts.

 Education plays a pivotal role in equipping individuals with the critical thinking skills necessary to navigate the digital landscape discerningly. Fact-checking initiatives and media literacy programs are invaluable tools in empowering individuals to separate fact from fiction. Remember, misinformation is just the side effect of being uniformed.

Ultimately, the battle against misinformation is a collective endeavor that demands vigilance, integrity, and a steadfast commitment to truth.

 As guardians of knowledge, it is incumbent upon us to cultivate a culture of skepticism, to question the information we encounter, and to champion the pursuit of truth in an era fraught with deception.

Truth doesn’t do so much good in the world, as the appearance of it does evil.

DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=239426

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Currency Insider Iraqi Dinar – Dong Late Sunday Evening 4-21-24

Currency Insider Iraqi Dinar – Dong Late Sunday Evening 4-21-24

Iraqi Dinar Holders Get Ready For Cash Collection – 2:37

Iraqi Dinar Prices Suddenly Drop In Few Hours – 1:14

Iraqi Dinar Holders Hold Your Dinar It’s game changing time – 2:15

Are you ready for Iraqi dinar coming RV – 2:25

Currency Insider Iraqi Dinar – Dong Late Sunday Evening 4-21-24

Iraqi Dinar Holders Get Ready For Cash Collection – 2:37

Iraqi Dinar Prices Suddenly Drop In Few Hours – 1:14

Iraqi Dinar Holders Hold Your Dinar It’s game changing time – 2:15

Are you ready for Iraqi dinar coming RV – 2:25

Iraqi Dinar Holders Get Ready For Cash Collection – 2:37

https://www.youtube.com/watch?v=lWZOqwoe5RU

Iraqi Dinar Prices Suddenly Drop In Few Hours – 1:14

https://www.youtube.com/watch?v=uHuByI1XiXI

Iraqi Dinar Holders Hold Your Dinar It’s game changing time – 2:15

https://www.youtube.com/watch?v=BJwgyh2gteo

Are you ready for Iraqi dinar coming RV – 2:25

https://www.youtube.com/watch?v=LUd_x1yzGMg

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Today Video Updates Late Sunday Evening 4-21-24

Iraqi Dinar Today Video Updates Late Sunday Evening 4-21-24

Finally New Exchange Rate Came out – 3:43

Wow Chase Bank Display IQD New Exchange Rate on Screen – 4:23

Big News $2.99 USD For Every Vietnamese Dong – 3:37

Wow Wells Fargo Confirmed IQD Revaluation Time – 4:12

Iraqi Dinar Today Video Updates Late Sunday Evening 4-21-24

Finally New Exchange Rate Came out – 3:43

Wow Chase Bank Display IQD New Exchange Rate on Screen – 4:23

Big News $2.99 USD For Every Vietnamese Dong – 3:37

Wow Wells Fargo Confirmed IQD Revaluation Time – 4:12

 

Finally New Exchange Rate Came out – 3:43

https://www.youtube.com/watch?v=lSvK7U-ANEE

Wow Chase Bank Display IQD New Exchange Rate on Screen – 4:23

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

Big News $2.99 USD For Every Vietnamese Dong – 3:37

https://www.youtube.com/watch?v=vsk4hB9p-Eg

Wow Wells Fargo Confirmed IQD Revaluation Time – 4:12

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

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Economics, News Dinar Recaps 20 Economics, News Dinar Recaps 20

“Tidbits From TNT” Monday 4-22-2024

TNT:

CandyKisses:  Investors from 145 countries at Abu Dhabi Investment Summit

Abu Dhabi (Nina) - Investors from 145 countries will participate in the AIM Investment Summit 2024, which will be held under the theme "Adapting to the Transformation of the Investment Landscape: Harnessing New Potential for Global Economic Development", from May 7 to 9, at the Abu Dhabi National Exhibition Centre.

During the summit, the best investment opportunities for the global business community will be reviewed and discussed. 25 ministers, 45 mayors, 12 central bank governors, 900 speakers, 9 global stock exchanges, more than 50 unicorns, and more than 12,000 participants from 175 countries around the world will participate in 27 joint events organized in cooperation with more than 304 international partners.

The summit aims to provide an ideal platform that enables all participants to exchange experiences and ideas to stimulate global economic growth, discuss the challenges facing the world and come up with innovative solutions. 

TNT:

CandyKisses:  Investors from 145 countries at Abu Dhabi Investment Summit

Abu Dhabi (Nina) - Investors from 145 countries will participate in the AIM Investment Summit 2024, which will be held under the theme "Adapting to the Transformation of the Investment Landscape: Harnessing New Potential for Global Economic Development", from May 7 to 9, at the Abu Dhabi National Exhibition Centre. During the summit, the best investment opportunities for the global business community will be reviewed and discussed.

25 ministers, 45 mayors, 12 central bank governors, 900 speakers, 9 global stock exchanges, more than 50 unicorns, and more than 12,000 participants from 175 countries around the world will participate in 27 joint events organized in cooperation with more than 304 international partners.


The summit aims to provide an ideal platform that enables all participants to exchange experiences and ideas to stimulate global economic growth, discuss the challenges facing the world and come up with innovative solutions. 

Tishwash:  Exclusive.. The Iraqi government: A big surprise in Erdogan’s historic visit to Baghdad

The Iraqi government revealed, on Sunday evening, the details of Turkish President Recep Tayyip Erdogan’s visit to the capital, Baghdad, tomorrow, Monday morning, noting that “there is a big surprise” related to the agreements and memorandums of understanding to be signed in various fields.

The government spokesman, Bassem Al-Awadi, told Shafaq News Agency, “The Turkish President’s visit to Baghdad is a historic visit, and this visit will chart a path for Iraqi-Turkish relations that did not exist previously at all. This is not an attempt to exaggerate, but rather it is real, and tomorrow’s visit is Monday.” "I will reveal this matter to everyone."

Al-Awadi added, “The visit will witness the signing of two agreements, in addition to approximately (25) memorandums of understanding, and these will advance the nature of Iraqi-Turkish relations, and there is a big surprise during the visit, especially with regard to the water file, and those agreements and memorandums will focus on security, the economy, and the path to development.” ".

He explained, "Erdogan's visit to Baghdad tomorrow, Monday, is of great importance, especially since it is his first visit in 13 years, and the visit was worked on by various joint committees throughout the past year, in order to arrange the papers in the economic and security files and in the development road project."

The Iraqi government spokesman confirmed, "Tomorrow, Monday, will be an important day in shaping the nature of relations between Baghdad and Ankara, and there will be a surprise and signed agreements that are the first of their kind between the two countries."

Informed sources told Shafaq News Agency that Erdogan will sign about 37 multifaceted memorandums of understanding, the most important of which is the strategic framework memorandum for cooperation between the two countries, from which five committees are divided, as follows: security, water, economic, energy, and transportation.

Erdogan is visiting the capital, Baghdad, after a visit he made in 2011, and the Iraqi-Turkish talks focus on security, military and economic files, in addition to expanding trade cooperation.

Turkey says it is seeking greater cooperation from Baghdad in its war against the Kurdistan Workers' Party, a file that has further strained relations between the two countries due to Turkish military operations in northern Iraq, as well as disputes over oil exports and sharing scarce water supplies.

The dispute over oil exports from the Kurdistan Region is particularly thorny, and the two sides disagree over the resumption of oil exports from a pipeline through Turkey.

After nearly a decade of seeking international arbitration, the Iraqi government won recognition of its right to control oil exports, and Ankara was ordered to pay $1.5 billion in compensation for transporting them without Baghdad's approval. In protest, Ankara closed the export pipeline.

Ankara later began maintenance work on the pipeline, which contributes about 0.5% of global crude oil supplies. The two countries agreed to wait until the pipeline maintenance assessment is completed to resume flows while they continue to engage in a legal battle over the arbitration awards.  link

************

Tishwash:  Parliamentary Finance: We are awaiting the arrival of the 2024 budget schedules during this month

Today, Sunday, the Parliamentary Finance Committee confirmed that the 2024 budget schedules will reach the House of Representatives during the current month

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement received by Al-Rabaa: “We are awaiting the arrival of the 2024 budget schedules during this month,” stressing “the effort to correct the path of the budget by maximizing non-oil revenues, encouraging the private sector, and reducing operational spending.”

The Parliamentary Finance Committee confirmed today, Sunday, that the House of Representatives is awaiting the arrival of the 2024 budget schedules during the current month.

The committee stated in a statement received by the Iraqi News Agency (INA), that "The Chairman of the Finance Committee, Atwan Al-Atwani, received today the Chargé d'Affaires of the German Embassy."

Al-Atwani pointed out, “We are awaiting the arrival of the 2024 budget schedules during this month,” stressing “the effort to correct the path of the budget by maximizing non-oil revenues, encouraging the private sector, and reducing operational spending.”

He called on "German companies to enter Iraq and invest in various sectors, most notably the production and improvement of electrical energy," calling on "the German embassy to follow up on the implementation of the agreements and memorandums of understanding that the Sudanese signed during his visit to Germany."

While the Chargé d'Affaires of the German Embassy confirmed that "the stability of the situation in Iraq encourages the entry of our companies to invest in various fields."   link

Mot: ..... Still Amazes Me What Ya Can Learn on the INternet!!!

Mot:  ... heee heeee heeee -- More and More Tricks We Can learn from da INternet!!! 

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Chats and Rumors, Economics Dinar Recaps 20 Chats and Rumors, Economics Dinar Recaps 20

News, Rumors and Opinions Monday 4-22-2024

MarkZ Announcement:

Mod:  Mark informed me he has an early flight tomorrow morning  (Monday)  and will not be landing in PR until late evening! 

NO PODCAST TOMORROW (MONDAY)  MORNING OR EVENING! 

NORMAL PODCAST TUESDAY MORNING AT 10:00 AM EST!  THANKS!

MarkZ Announcement:

Mod:  Mark informed me he has an early flight tomorrow morning  (Monday)  and will not be landing in PR until late evening! 

NO PODCAST TOMORROW (MONDAY)  MORNING OR EVENING! 

NORMAL PODCAST TUESDAY MORNING AT 10:00 AM EST!  THANKS!

Ariel:  Well guess who just left Houston? Iraq.

A lot of people are about to be rich. 

They are ready. 

Why wouldn’t this be there? Expect to see more of these. 

The image shows a currency exchange counter located inside what appears to be a shopping mall or airport terminal. The currency exchange is labeled “CURRENCY EXCHANGE” and has a “START CONNECTING” sign overhead, suggesting it may be a new or recently opened service. 

Currency exchange services allow travelers to exchange foreign currency or acquire the local currency of the country they are visiting. Having such facilities conveniently located in major transportation hubs and shopping centers makes it easier for international visitors to obtain the cash they need upon arrival. 

Given the image’s title mentioning Houston, this currency exchange seems to be a new service that has recently opened up in a popular mall or airport in the Houston, Texas area to cater to the needs of international travelers and shoppers there. Iraq has a rich reserve of oil and natural gas, but their energy infrastructure faces some challenges.

 Iraq’s oil and gas industry likely needs upgrades to become more efficient and productive. Houston is a hub for oil and gas technology companies, so Iraqi delegates might be seeking partnerships to improve their infrastructure.

~~~~~~~~~~

Tommy:   They just opened a currency exchange at The Woodlands Mall north of Houston. Literally popped up overnight.

Crypto_Corvette:  I can confirm! I went there today! I asked the teller if he knew about the RV, he looked at me and smiled then he said you mean the 1-to-1 revaluation. 

https://dinarchronicles.com/2024/04/21/ariel-prolotario1-a-lot-of-people-are-about-to-be-rich/

************

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

Militia Man   Article:   "Member of Sudanese delegation:  We will witness a rapid decline of the dollar in the coming days"  When they say the rapid decline of the dollar I don't believe for a moment they're saying the dollar is going to crash.  What I believe they're saying is their expectation is the dinar is going to rise.

Frank26   [Iraq boots-on-the-ground report]   FIREFLY:  Television saying that Alaq the CBI governor is going to stay in Washington DC for a few extra days.  They saying to us that he's following up on what Sudani was doing...  FRANK:  Now that Sudani is back he's going to start the process of explaining to you Iraqi citizens everything on how you are going to be receiving your lower notes, how you're going to use the ATM machines...accounts, maybe even the education on the coins that will be coming out eventually.  You should be excited because I am!

Reverse Repo is Headed Back to Zero (again)

Heresy Financial:  4-22-2024

Timecodes

 0:00 Video Overview

0:27 The Reverse Repo Facility

1:42 Treasury Bills

5:23 Treasury Auction

 7:43 Effects of Reverse Repo Rate at Zero

https://www.youtube.com/watch?v=uNanLeDU7dE

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Militiaman, News Dinar Recaps 20 Militiaman, News Dinar Recaps 20

MilitiaMan: Iraqi Dinar - IQD to be valued in a new value - Al-Alaq - CBI Gov. Interview - Bullet points - Real

Iraqi Dinar - IQD to be valued in a new value - Al-Alaq - CBI Gov. Interview - Bullet points - Real

MilitiaMan and Crew:  4-22-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

Iraqi Dinar - IQD to be valued in a new value - Al-Alaq - CBI Gov. Interview - Bullet points - Real

MilitiaMan and Crew:  4-22-2024

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=r3SO5GFBb_k

Read More
Frank26, KTFA Dinar Recaps 20 Frank26, KTFA Dinar Recaps 20

KTFA Sunday Night CC: “FRANK26…4-21-24……ALAK TALKS”

KTFA

Late Sunday Night Video

FRANK26…4-21-24……ALAK TALKS

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

KTFA

Late Sunday Night Video

FRANK26…4-21-24……ALAK TALKS

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=VE8FsT7777w

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News DINARRECAPS8 News DINARRECAPS8

Iraq Economic News and Points to Ponder Late Sunday Evening 4-21-24

The First Iraqi Bank To Reap A Realistic Result From Al-Sudani’s Visit To Washington

The US International Development Finance Corporation (DFC) and the US Agency for International Development (USAID) signed a $50 million loan agreement for the National Bank of Iraq (NBI), with the aim of expanding access to finance for entrepreneurs.

Prime Minister Muhammad Shiaa Al-Sudani witnessed the signing ceremony of the agreement on the sidelines of the meeting of the Iraqi-American Supreme Coordination Committee in Washington.

This loan, which was attended by the CEO of the American International Development Finance Corporation, Scott Nathan, and the Chairman of the Board of Directors of the National Bank of Iraq, Bassem Khalil Salem, is the first loan provided by the American International Development Finance Corporation to a commercial bank in Iraq.

Iraq Economic News and Points to Ponder Late Sunday Evening 4-21-24

The First Iraqi Bank To Reap A Realistic Result From Al-Sudani’s Visit To Washington

The US International Development Finance Corporation (DFC) and the US Agency for International Development (USAID) signed a $50 million loan agreement for the National Bank of Iraq (NBI), with the aim of expanding access to finance for entrepreneurs.

Prime Minister Muhammad Shiaa Al-Sudani witnessed the signing ceremony of the agreement on the sidelines of the meeting of the Iraqi-American Supreme Coordination Committee in Washington.

This loan, which was attended by the CEO of the American International Development Finance Corporation, Scott Nathan, and the Chairman of the Board of Directors of the National Bank of Iraq, Bassem Khalil Salem, is the first loan provided by the American International Development Finance Corporation to a commercial bank in Iraq.  https://www.radionawa.com/all-detail.aspx?jimare=38020

Central Bank: The Volume Of Trade With The UAE Reaches $17 Billion

Economy  Sunday, April 21, 2024 9:30 AM  Baghdad/National News Center The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed the amount of the bank’s reserves of US dollars and gold.

Al-Alaq told the CNBC Arabic website that the Central Bank has a foreign reserve of more than 100 billion dollars, indicating that the bank’s gold reserves amount to more than 130 tons, most of which are located in England.

Speaking about Iraqi foreign trade, Al-Alaq pointed out that the volume of trade with the UAE amounts to $17 billion and is paid in UAE dirhams, pointing out that the First Abu Dhabi Bank is the one responsible for the trade transfers in UAE dirhams.   https://nnciraq.com/253612/

US International Development Allocates $50 Million To The National Bank Of Iraq To Finance Entrepreneurs In Iraq

Economy News – Baghdad  The US International Development Finance Corporation (DFC) and the US Agency for International Development (USAID) signed a loan agreement worth $50 million for the benefit of the National Bank of Iraq (NBI), with the aim of expanding access to financing for entrepreneurs.

 Iraqi Prime Minister Muhammad Shiaa Al-Sudani witnessed the signing ceremony of the agreement. On the sidelines of a meeting of the Iraqi-American Supreme Coordination Committee.

This loan, which was attended by the CEO of the American International Development Finance Corporation, Scott Nathan, and the Chairman of the Board of Directors of the National Bank of Iraq, Bassem Khalil Salem, is the first loan provided by the American International Development Finance Corporation to a commercial bank in Iraq.

After signing the agreement, Al-Salem said: “We are proud to be the first commercial bank in Iraq to sign a loan agreement from the US International Development Finance Corporation and the US Agency for International Development, and we see this partnership as an important step and a unique opportunity to support economic and investment growth in Iraq by enhancing the capabilities of Ruwwad.” businesses and increase their opportunities to obtain the necessary financing to support their projects.”

Al-Salem extended his thanks to the Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, to His Excellency the Governor of the Central Bank of Iraq, Dr. Ali Mohsen Al-Alaq, and to the international financial institutions for their continued support for entrepreneurs and small and medium-sized companies, stressing the National Bank of Iraq’s commitment to achieving the two sides’ shared vision for progress and prosperity in the country, pointing out that this The agreement will be a strong incentive to achieve these goals.

CEO of the US International Development Finance Corporation, Scott Nathan, affirmed the company’s commitment to unleashing Iraq’s economic potential and empowering its private sector by providing meaningful financial support to small projects.

He said: “Today’s announcement is an important step in advancing our efforts. This investment will contribute to increasing access to... First-time female borrowers and entrepreneurs access financing across Iraq.”

For her part, USAID Mission Director in Iraq, Ellis Jensen, said: “Access to financing is the main driver in the process of innovation, economic growth, and job creation, so USAID’s support will enable private banks to overcome liquidity challenges and provide affordable business loans.”

For small projects, and through our partnership with the National Bank of Iraq and the US International Development Finance Corporation, we will help create a stronger, more diverse, and more inclusive private sector in Iraq.”

In turn, the Managing Director of the National Bank of Iraq, Ayman Abu Dhaim, said: “The Iraqi government’s commitment to creating an environment conducive to growth, and the strategic focus of the Prime Minister and His Excellency the Governor of the Central Bank of Iraq on empowering small and medium enterprises, is a major focus in our reaching this important achievement.

We are confident “This cooperation will support the creation of a more inclusive and dynamic economy in Iraq.”

It is expected that this loan will contribute to increasing opportunities for small Iraqi companies to obtain financing through the largest private sector bank in Iraq. This initiative will give priority to first-time borrowers and will allocate funding to projects owned by women, which attests to the increase in the number of small projects in Iraq.

In addition to financing, during the project preparation, USAID provided advisory services to facilitate loan negotiations between the National Bank of Iraq and the American International Development Finance Corporation and accelerate the completion of the deal, while the American International Development Finance Corporation is considered the official lender.

189 views 04/21/2024 - https://economy-news.net/content.php?id=42657

Surpassing Saudi Arabia...Iraqi Oil Exports To America Increased During The Past Week

Economy |  04/21/2024  Mawazine News – Baghdad  The US Energy Information Administration announced on Sunday that Iraq's oil exports to America rose over the past week.

The administration said in a table seen by Mawazine News, “The average US imports of crude oil during the past week from 8 major countries amounted to 4.832 million barrels per day, down by 265 thousand barrels per day compared to the previous week, which amounted to 5.097 million barrels per day.”

She added, "Iraq's oil exports to America came in second place after Canada, reaching 308,000 barrels per day last week, an increase of 166,000 barrels per day from the previous week, which reached 142,000 barrels per day."

The administration also indicated that "the majority of America's oil revenues during the past week came from Canada at an average of 3.458 million barrels per day, followed by Colombia with an average of 246 thousand barrels per day, and from Saudi Arabia at an average of 229 thousand barrels per day."

According to the table, “the amount of American imports of crude oil, from Mexico, was at a rate of 208 thousand barrels per day, from Brazil at a rate of 189 thousand barrels per day, from Nigeria at a rate of 173 thousand barrels per day, and from Libya at a rate of 21 thousand barrels per day.”

https://www.mawazin.net/Details.aspx?jimare=246358

The Dollar Declines Against The Dinar In Baghdad And Erbil

Economy | 04/21/2024  Mawazine News – Baghdad  The exchange rates of the US dollar decreased this morning, Sunday, in the markets of Baghdad and Erbil.

Dollar prices dropped with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 147,200 dinars for every 100 dollars.

While the selling prices in exchange shops in the local markets in Baghdad decreased, as the selling price reached 148,250 dinars, while the purchasing price reached 146,250 dinars for every 100 dollars.

As for Erbil, the dollar also recorded a decline in exchange shops, as the selling price reached 147,150 dinars against the dollar, and the purchase price reached 147,000 dinars against 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=246369

To read more current and reliable Iraqi news please visit :  https://www.bondladyscorner.com/

 

Provoking Points To Ponder on Failures and Mistakes

There is much to be said for failure. It is more interesting than success.- Max Beerbohm

Failure sometimes enlarges the spirit. You have to fall back upon humanity and God.- Charles Horton Cooley

It is often the failure who is the pioneer in new lands, new undertakings, and new forms of expression. - Eric Hoffer

Let us not be needlessly bitter; certain failures are sometimes fruitful. - E. M. Cioran

If I win several tournaments in a row, I get so confident I'm in a cloud. A loss gets me eager again.- Chris Evert Lloyd

There's nothing that cleanses your soul like getting the h*** kicked out of you.- Woody Hayes

http://famousquotesandauthors.com/topics/failures_and_mistakes_quotes.html

http://famousquotesandauthors.com/quotes_by_topic.html

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Chats and Rumors, Video, Vn Dong DINARRECAPS8 Chats and Rumors, Video, Vn Dong DINARRECAPS8

Iraqi Dinar Video Update Sunday Evening 4-21-24

Iraqi Dinar Video Update Sunday Evening 4-21-24

Finally Iraqi Dinar Revaluation Approved Today – 2:39

Wells Fargo Confirmed IQD 2.78$ New Rate Exchange Rate – 3:02

This Big News Coming Out From Iraq – 3:13

Iraqi Dinar Video Update Sunday Evening 4-21-24

Finally Iraqi Dinar Revaluation Approved Today – 2:39

Wells Fargo Confirmed IQD 2.78$ New Rate Exchange Rate – 3:02

This Big News Coming Out From Iraq – 3:13

 Finally Iraqi Dinar Revaluation Approved Today – 2:39

https://www.youtube.com/watch?v=LUxFU0YtedY

Wells Fargo Confirmed IQD 2.78$ New Rate Exchange Rate – 3:02

https://www.youtube.com/watch?v=XTZ6jCVGuFY

This Big News Coming Out From Iraq – 3:13

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

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Humor Dinar Recaps 20 Humor Dinar Recaps 20

Sunday Night “Humor While We Wait” 4-21-2024

Mot:  ... ooooooh - oooooh -oooooh deeeeer! - ((( Uve beeeeeen Warneded )))

 Olaf the Norseman is shopping at a supermarket when he comes across an old lady in a wheelchair, almost in tears.

"What's the matter?" asks Olaf.

"Oh," sobs the old lady. "I want to have a look at the frozen puddings but, as you can see, there are three steps down into the chiller cabinets."

"No problem," says Olaf, lifting her onto his back. "I'll take you."

Olaf strolls through the chiller cabinets with the old lady on his back. She selects several puddings and puts them in the basket he is carrying for her.

At the other end the old lady's husband is waiting with her wheelchair.

Mot:  ... ooooooh - oooooh -oooooh deeeeer! - ((( Uve beeeeeen Warneded )))

 Olaf the Norseman is shopping at a supermarket when he comes across an old lady in a wheelchair, almost in tears.

"What's the matter?" asks Olaf.

"Oh," sobs the old lady. "I want to have a look at the frozen puddings but, as you can see, there are three steps down into the chiller cabinets."

"No problem," says Olaf, lifting her onto his back. "I'll take you."

Olaf strolls through the chiller cabinets with the old lady on his back. She selects several puddings and puts them in the basket he is carrying for her.

At the other end the old lady's husband is waiting with her wheelchair.

"I'd really like to thank you," says the old lady as Olaf sets her back down in the chair, "but I don't even know who you are!"

Olaf just waves and walks off.

"I was really worried about you," says the old lady's husband. "What have you been doing?"

She replies, "Well, I've been through the desserts on a Norse with no name."

Mot:  And asked, "Do you understand what cooperation is? What a team is?"

At one point during a game, the coach called one of his 9-year-old baseball players aside

And asked, "Do you understand what cooperation is? What a team is?"

"Yes, coach", replied the little boy. "

Do you understand that what matters is whether we win or lose together as a team?"

The little boy nodded in the affirmative.

"So," the coach continued, "I'm sure you know, when an out is called, you shouldn't argue,

curse the umpire or call him an ashole. Do you understand all that?"

Once more, the small boy nodded in agreement.

The coach continued, "And when I take you out of the game so that another boy gets a chance to play,

it's not a dumb-ass decision or that the coach is a shoothead is it?"

"No, coach."

"Good", said the coach. "Now go over there and explain all that to your grandmother.”

Credits Goes to the respective Author ~

**********

Mot:  Continues to simply Amaze me the important Facts of Life You find on the Net....

Mot:  .. and Yet Another ""Time Saving Tip"" frum ole Mot!!

Mot:  . This is Only theoretical ... Just Hasnt happened Yet!!!

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