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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020

Search found 3 matches for InvestIraq


KTFA Members "Friday News" 10-23-2020 - Fri 23 Oct 2020, 5:45 pm

Samson:  The formation of an international financial alliance to support Iraq in Britain
22nd October, 2020
Today in London, I announced the establishment of an international financial coalition that includes 7 foreign and Iraqi financial institutions, to provide advice to the Iraqi government to face the stifling financial crisis that led to the state’s inability to commit to paying employees’ salaries on time and resort to internal and external borrowing
The International Financial Alliance to support Iraq includes the G7 countries, which are "America, Britain, Japan, France, Germany, Canada and Italy, in addition to the International Monetary Fund and the World Bank, and from Iraq includes the Ministry of Finance, the Central Bank of Iraq and the Parliamentary Finance Committee   LINK
P71rock:  Please think about this group... They are they represent the collision forces and they are the creditor(s)....  IMO

Samson:  This is Iraq:
- a strategic location
- rich and diverse natural resources
- a talented and educated workforce
- ambitious and creative entrepreneurs
- a welcoming and stable business environment
- a booming domestic market #InvestIraq
— Government of Iraq - (@IraqiGovt) October 23, 2020
Samson:  Al-Kazemi returns to Baghdad after a European tour
10/23/2020 18:30:06
The Prime Minister, Mustafa Al-Kazemi, has returned to the capital, Baghdad.
Al-Kazemi had led a high-ranking government delegation since last Sunday, a European tour that included France, Germany and Britain.   LINK
David:  The man has arrived, the news coming out after his return should get rather interesting! IMO
Samson:  Shiite authority and America .. behind the scenes of a rare meeting with Khamenei, leaders of Iraqi factions
22nd October, 2020
The British "Middle East Eye" website revealed, on Thursday, an order given by Iranian Supreme Leader Ali Khamenei, last week, to the Iraqi Shiite factions to stop their attacks on American interests immediately.
The site quoted a prominent commander of one of the Iranian-backed armed factions participating in the attacks as saying that Khamenei's orders were clear and explicit: "All attacks that target US interests in Iraq must stop." The Hezbollah Brigades, the faction most hostile to the United States and accused of carrying out most of the attacks, were the first to respond to Khamenei's orders, and Harakat al-Nujaba and other smaller factions soon followed. 
While a prominent commander in one of those factions participating in the attacks said to the British website: "The Americans seek to pit people against us in various ways, so we decided to thwart the efforts of the Americans in this regard, which is more important than targeting the American embassy." He added, "Calming the Iraqi street, preserving the Iraqi government and the political process is a priority now, and therefore it has been decided to stop all attacks targeting US interests in Iraq until the danger passes." The major shift in the position of the armed factions backed by Iran, and the timing of the announcement of this unilateral truce, raised many questions about the true purpose behind the decision, its circumstances, its duration, the guarantor of the decision, and most importantly, the identity of the decision-maker.
Iraqi officials and leaders of armed factions told the website that the armed factions were encouraged to attack American targets in order to pressure Trump and his allies inside Iraq, and push them to take reckless moves that lead him to lose the elections. Nevertheless, it seems that the calculations have changed after the Iranians confirmed the seriousness of the threats that Pompeo conveyed through Iraqi President Barham Salih, that the United States would strike Iran's interests and its allies inside Iraq, according to a prominent Shiite leader close to Tehran.
The politician who participated in the talks with Iran told the British website that the Iranians had received very important advice from a common ally who had a clear role in changing their position, and the advice stipulated to avoid provoking Trump at this stage, because he is serious about his threats, and because he is desperate and will not hesitate to take any A reckless act will cost everyone heavy losses. Any military move inside Iraq now means the fall of the Iraqi government, and Iran itself will not be able to deal with the repercussions of the fall of the government, especially the repercussions of a political, financial and economic nature.
That alleged "common ally" is Britain, a country that Shiite leaders see as the real party on the Iraqi scene at the present time, and he is credited with persuading the Iranians to avoid provoking the Americans and pursue the option of appeasement. The politician added that there is no clear information, but all indications indicate that the British were the ones who played an influential role this time, although they did not appear in the picture as usual. Unusually, Khamenei's instructions were not transmitted this time to the armed factions through the usual channels or Iranian officials operating in Iraq.
Instead, given its importance, the leaders of the most prominent factions were summoned to Qom to meet with Khamenei, according to 3 of the faction leaders, including the oldest Iranian-backed Shiite group in Iraq, the Badr Organization, the Hezbollah Brigades, and the most influential faction, Asaib People of truth, and there was more than one meeting with Khamenei. While a prominent commander of one of the armed factions said that the essence of the orders issued was preserving power in the hands of the Shiites, and this means preserving the position of the prime minister and the current government, Khamenei says that Al-Kazemi is Shiite, regardless of whether he is good or bad from our point of view, and he will leave his post Sooner or later, but the position must remain in the hands of the Shiites.
 The commander added that Khamenei had warned that any attacks now would threaten Al-Kazemi's rule, and thus the political strategies of everyone, and "therefore any activities that might threaten the Iraqi government or place it at the mercy of the Americans must stop immediately."    LINK

Samson:  Trump signs decision to remove an Arab country from the list of "terrorism"
23rd October, 2020
The Transitional Sovereignty Council in Sudan announced, on Friday, that US President Donald Trump has officially signed a decision to remove Sudan from the list of countries sponsoring terrorism.
The Sovereignty Council said, in a communiqué, that the signing was made in an official capacity by Trump, adding, "It will be announced shortly." The communiqué, published on the council’s official Facebook page, stated that this day is a “historic day for Sudan and its glorious revolution”. 
Trump said in a tweet on his official account on Twitter, Monday, that "the new government of Sudan, which is making tremendous progress, has agreed to pay $ 335 million to the victims of terrorism and their families." He added, "Once the payment is made, I will remove Sudan from the list of states sponsoring terrorism." And he continued: "Finally, justice is for the American people, and a big step for Sudan."
After that, a Sudanese government source told "Sky News Arabia" that the sums required to compensate the victims of terrorism were transferred to Washington. Finance Minister Heba Muhammad Ali also revealed to "Sky News Arabia" that the amount that the US President talked about "exists and that the technical mechanism for transferring funds is almost complete ... while we await some small diplomatic details." 
The US President’s announcement of removing Sudan from the list of states sponsoring terrorism left many positive reverberations in Khartoum. According to US law, the president is required to formally notify Congress of the decision, and Congress will have 45 days to review it. The resolution does not need a vote, but Congress can stop the decision with a joint veto from the House of Representatives and the Senate together, and the decision becomes effective if it is not objected to during this period for review.   LINK
Samson:  Expectations to announce an agreement to normalize relations between Israel and Sudan today
23rd October, 2020
"Reuters" agency quoted a senior US official as confirming that it will be announced later on Friday that Israel and Sudan have reached an agreement to normalize relations.
The official, who asked not to be named, confirmed to the agency that US President Donald Trump's decision this week to remove Sudan from the US list of state sponsors of terrorism contributed to paving the way for Khartoum to follow the example of the UAE and Bahrain in joining the so-called "Abraham Accords."
This comes against the background of press reports that Khartoum and Tel Aviv reached a preliminary agreement to establish relations.   LINK
Samson:  America imposes a heavy financial penalty on a famous bank for its role in a global corruption case
22nd October, 2020
Goldman Sachs Bank agreed, Thursday, October 22, 2020, to pay nearly $ 3 billion to settle an investigation into the role it played in the global corruption scandal related to the Malaysian wealth fund "OneMDB".
The settlement resolves an investigation by the US authorities into the bank’s role in the private placement of three offers to sell bonds in 2012 and 2013, which raised $ 6.5 billion to the Malaysian government, according to Reuters.
Under these terms, Goldman Sachs, which is one of the largest banks in America and the world, was imposed a fine of $ 2.3 billion, and about $ 600 million, in fees for illicit gains.
The US Department of Justice said the deal constitutes the largest penalty ever imposed on a US company for violating the Foreign Corrupt Practices Act, and includes an unprecedented number of regulators around the world.
Brian Rabbit, Acting Head of the Criminal Department at the Ministry of Justice, explained that the settlement reflects the central role of the bank "in a huge global scheme to plunder billions of dollars" from the Malaysian state fund.
Prosecutors said that between 2009 and 2014, Goldman paid more than $ 1.6 billion in bribes to foreign officials in Malaysia and Abu Dhabi to win the fund's business.
The move comes on the heels of a settlement of 3.9 billion dollars that the bank reached with Malaysia in July, to settle all charges against it there related to this case.  LINK

Delta and KTFA Members Friday PM 7-12-19 - Fri 12 Jul 2019, 6:02 pm

[size=26][size=24]Delta and KTFA Members Friday PM 7-12-19[/size]

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Baghdad - Ali Husseini, Mohammed Ali
12 July 2019
The file of the "auction of hard currency" in Iraq to the forefront after the comments of deputies in parliament, demanding the Prime Minister and the Supreme Judicial Council and the public prosecution in the country, put an end to the massive corruption carried out through the auction of hard currency organized by the Central Bank of Iraq every day. 

The bank sells between 140 million and 160 million dollars for public and private companies and banks, as part of a plan adopted since 2004 to control the exchange rate of the Iraqi dinar and prevent its collapse in the market.

In 2004, during the Coalition Provisional Authority formed by the United States after the US-British occupation of Iraq, the Central Bank of Iraq established the so-called "daily auction of hard currency," in an effort to raise the value of the Iraqi dinar, and sales amounted to more than 200 million dollars Sometimes this amount is usually from Iraqi oil revenues sold. 
The auction has continued this way since. Iraqi observers and officials estimate the value of the dollar sold in this auction over the past 15 years by more than $ 300 billion, most of which went from Iraq to other countries without benefiting the Iraqi dinar and its value, which is still under value for the fifth largest oil producer in the world (1200 dinars per dollar). 

The Central Bank of Iraq allows only limited companies and banks to enter the auction and buy the dollar. The word "auction" here is not a metaphor for what is happening on a daily basis, as the bank pre-determines its selling price to the dollar by 1180 dinars per dollar for banks and companies to sell at 1200 dinars to the dollar. 

Finally, the bank specified who is allowed to enter the auction, and the number was reduced to less than 50 banks and financial companies that are licensed by the Central Bank of Iraq and all are private or private.

A senior Iraqi official in Baghdad told the "New Arab" that the government is considering the dollar auction, which turned into a black hole to smuggle the dollar out of the country without achieving its goal of strengthening the strength of the dinar. He added that "Iran is the first beneficiary of the dollar auction, followed by Turkey, Lebanon and Jordan The conversion of the dollar is under the cover of the import of materials and goods and the purchase of shares and investments in those countries and some of them transferred through private offices and the Iraqi citizen does not benefit from this massacre.

The official stressed that the government is considering several options to strengthen the dinar, such as the deletion of zeros or determine the price globally, as do many countries in the Arabian Gulf. The survival of the dollar inside Iraq is better than removing it, and the continuation of this primitive formula cost the country large losses. 

He pointed to the existence of a committee of experts studying reasonable options, after confirming documents and documents that Iraqi oil money in hard currency easily flow abroad because of this auction. 

The Iraqi official revealed that the Integrity Commission is currently investigating the largest case of money laundering in Iraq up to two billion dollars accused of banks and companies, some of them linked to political parties "and we hope that there are other files close to the search and investigation of the Integrity Commission on the same subject, Difficult of Iraq ".

Expert on the Iraqi market for securities Ali al-Saadawi explained to the "new Arab", that "stop the auction may not be able to the government now that a large part of the dollar ends in Tehran," saying that committees, experts and financial observers advised the Central Bank to stop the auction, "He said.

 I Love this!! I especially like the last sentence!!   read it slooowwly ..."The survival of the dollar inside Iraq is better than removing it, and the continuation of this primitive formula cost the country large losses."   Go ahead Iraq!! Do It!!!

JJimmyjj:  Wow. This is one sexy article. Both blunt AND provocative.  If I was single, I'd be tempted to ask it out on a date.   Thanks Delta.

Samson:  Trade calls for countries and companies to participate in the 46th session of the Baghdad International Fair

12th July, 2019

The Ministry of Commerce on Friday called on countries and companies to participate in the 46th International Fair of the Baghdad International Fair in October this year. "The Iraqi Exhibitions Company has prepared a wide program and invited the countries and companies as well as inviting the Iraqi ministries, bodies and private sector to participate in the exhibition. The good relations of Iraq with a large number of countries will be exploited to participate," said Minister Hashem al-Ani in a statement received by Al-Ghad Press. In the exhibition."

Al-Ani added that "the ministry has addressed several letters to commercial attachés in a large number of countries in the world to send official invitations to the countries present in order to participate in the exhibition, which may be different from its predecessors because of the stable situation in Iraq after the announcement of victory over terrorist groups."

For his part, the Director General of the Iraqi Exhibitions Company Hashim Sudani said that "his company continues its daily work intensively to prepare and prepare for the international session through the invitations to countries and companies as well as rehabilitation processes witnessed in the halls of the exhibition and its various gaps and include sewage and electricity and various facilities as well as green squares.Al-Sudani pointed to "the agreement with one of the local companies to oversee the media and technical works that permeate the days of the exhibition. This company started the work entrusted to it in media mobilization and coordination."   LINK

Don961:  Using electronic payment tools .. Iraq fights corruption

- 8 Hours Ago

Iraq has launched the deployment of electronic payment tools after the development of infrastructure

The Executive Director of the Association of Iraqi private banks Ali Tarek, in an interview to Al Jazeera Net, that Iraq has the infrastructure of electronic payment systems, which has seen a significant development in this area during the past four years.

Source: Al Jazeera   link

David12001:  Iraq has launched past tense wow, things are getting better and better


Samson:  Iraq’s Ministry of Planning is working with other Iraqi ministries and state institutions to ensure an effective, timely and successful implementation of the @IraqiGovtprogramme 2018-2022.

Watch this short video to find out more. #InvestIraq
— Government of Iraq - (@IraqiGovt) July 12, 2019

Stevep99:   Such awesome news today! Is this the cherry on the top of the delicious ice cream sundae announcement we in the sought after 2nd article?! Sure looks promising for their holiday timing and or I M O...celebration coming on the 14th!

Samson:  A senior US official calls Barzani delighted and confirms two things

12th July, 2019

The Deputy Assistant Secretary of State for Iraq and Iran, Andrew Peck, in a telephone conversation on Friday pleased Barzani, Prime Minister of the Kurdistan Region on the occasion of the formation of the new government of the region.

A statement issued by Barzani's office said the US official wished the conciliation to the new government and expressed the importance of continued assistance to the Peshmerga and the strengthening of relations between the Kurdistan Region and the United States of America.   LINK

KTFA Members "News and Views" Saturday 6-15-19 - Sat 15 Jun 2019, 11:26 am

[size=26][size=24]KTFA Members "News and Views" Saturday 6-15-19[/size]

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Samson:  Disclosure of Iraq's crude oil reserves

2019/6/15 9:52

Iraq's oil reserves stood at 147 billion barrels, BP said on Saturday.

The company said in its statistical review of the global energy sector for 2019, Iraq's crude oil reserves record 147 billion barrels to replace Iraq in the fifth place in the world. 

Venezuela topped the list with a reserve of 303 billion barrels and Saudi Arabia second with 297 billion barrels.  Canada, according to estimates of the company, ranked third with reserves of 168 billion barrels, and Iran 156 billion.     LINK


Samson:  3 reasons to invest in #Baghdad:

- it’s Iraq’s largest city, and the second largest in the Arab world

- it’s a vibrant metropolis, with a strategic location and a talented young population

- a business-friendly environment driven by the @Iraqigovt economic reforms.

Government of Iraq - (@IraqiGovt) June 14, 2019


Samson:  Iraq decides to grant visas to US investors directly

15th June, 2019

Iraq has decided to grant visas to American investors directly through a special office at Baghdad International Airport to facilitate visits by the National Investment Commission to US investors, the US Trade Representative Office said on Saturday . 

"The second session of the US-Iraq Trade and Investment Board was held in Washington, DC, which was established under the Trade and Investment Framework Agreement signed between the two countries in 2005, headed by the Iraqi Minister of Trade, Mohammed Hashim Al-Ani," the US Trade Representative's Office said in a statement. And US Deputy Trade Representative Jeffrey Grich."

 During the meeting, Iraq and the United States discussed a range of bilateral trade and investment issues and further integration of Iraq.  In the global economy and look for ways to promote greater mutual market access, thereby creating jobs and attracting investment to both countries." 

The United States expressed its support for Iraq's decision to "re-join the World Trade Organization and carry out local reforms necessary to comply with WTO commitments and tariff liberalization and trade in services. 

The United States also expressed its support for Iraq's decision to accept tax declarations prepared in accordance with international financial standards." 

"Iraq has assured the United States that it will issue 12-month visas to US citizens and facilitate visits by the National Investment Commission to US investors by granting multiple visas for six months through a special visa office located at the airport," the statement said.

"To improve access to bilateral and reciprocal markets, the United States raised the issue of reducing unnecessary documentation requirements and using international standards. 

The United States also encouraged Iraq to reduce the tariff of poultry, while Iraq and the United States also discussed imports of rice and wheat and transparency of the process of grain tenders in Iraq under two memorandums of understanding, and Iraq has partnered with the United States in a memorandum of understanding to increase purchases of medicines and medical equipment and equipment.    LINK

S41755k:  Re-join the WTO!!!!!!!!!!!!    as in we-be-back international world!!

Don961:  America is threatening Iraq .. Things are clear now no more defense of Iran

Friday 14 June 2019

Baghdad - Writings

A communication puts Iraq in the embarrassment of the last moments .. A clear message of threat from the United States of America to Baghdad .. Iran accused and standing next to you is not in your favor do not talk about calm ..

A message received by Prime Minister Adel Abdul Mahdi on Friday June 14, 2019, from US Secretary of State Mike Pompeo, in a telephone call to face the fait accompli at a time when the highest head in the United States - President Donald Trump - the responsibility of Iran for the targeting of oil tankers in the Sea of ​​Oman.

Pompeo explained to Abdul Mahdi that Iraq must stand in the face of global terrorism practiced by Iran and not continue to defend or stand with it in one trench; so as not to put Iraq in the range of US sanctions.

It is noteworthy that Abdul-Mahdi tried to discreetly hint at the strength of relations between Baghdad and Tehran, demanding transparent investigations to find out the fact of the targeted tankers.

During the call, the Iraqi prime minister also stressed to the US Secretary of State the position of Iraq on the current crisis between Washington and Tehran and its efforts to achieve calm and protect the interests of the peoples and countries of the region.

Abdul Mahdi also said that he is working for the interests and security of the countries of the region and Europe and the world, asking for more time to calm, which responded to the US minister that the most important that Iraq maintains its stability at this delicate stage.

Don961:  A deputy for Diyala warns of the loss of Iraq funds donated by donor countries estimated at 213 million dollars

6.15.2019 14:50

Baghdad today - Baghdad

Diyala MP Ahmad Mazhar al-Karawi warned on Saturday, June 15, 2019, of Iraq's loss of donor funds estimated at 213 million dollars.

Al-Karawi said in a statement received by Baghdad today that "in short, Iraq may lose (213) million dollars, equivalent to more than (253) billion and (470) million," noting that "it represents financial grants from (27) These funds were allocated to support service projects and programs in the liberated areas affected by terrorism, because the central government has not yet transferred 46 billion dinars, which is the size of its contribution to international activities and assistance, although the amount of transfer is included in the table of paragraph (70) 2019) in the budget.

He added that "donor countries can not provide money to Iraq without Iraq's commitment to international treaties in the file of the provision of financial contributions and therefore the biggest loser is what is happening areas liberated, and affected by terrorism, for example the project of Lake Hamrin, which is one of the strategic ways in Diyala being A land corridor for more than a quarter of a million people will be funded by the state funds and the failure of Iraq's payment of financial benefits will lead to delay completion of the project and the most affected is the citizen.

"We asked the prime minister what are the reasons behind the delay in paying Iraq's dues, despite the importance of the issue, which will give a signal to the donor countries to make financial pledges to support Iraq and liberated areas affected by terrorism."   link

Samson:  The corruption of the Central Bank and the money smuggled

15th June, 2019

The adviser of the Center for Strategic Studies, Ghazi Faisal, recalled the suspicions of corruption in the work of the Central Bank and the money smuggled out of it.

Faisal said in a statement to the "News", "The President of the National Congress, Ahmed Chalabi before his death, revealed many facts about the smuggling of funds through the Central Bank, and revealed that the bank, wasted $ 320 billion could have been a very important reserve of the economy Iraqi".

He explained that "a member of the Integrity Committee in Parliament, Adel Nuri, revealed in an official report, that during the period of Prime Minister Nuri al-Maliki, spent 600 billion dollars without receipts and this is not in any country in the world," noting that "no one knows Where did these 600 billion dollars go? "

He pointed out that "the former central bank governor Sinan Shabibi, revealed corruption in the bank through the smuggling of 800 billion dollars in specific years, even if these billions spent on building Iraq, Iraq would be one of the best in the world."

With regard to the subject of contracts, Faisal said, "220 billion dollars, spent on fictitious contracts and companies and banks for more than 90 thousand imaginary projects."    LINK

Moparman:  It is time to take down the corrupt, it is time to take down the thief's, it is time to take down Maliki.


Samson:  Expert: There are cases of great manipulation in the work of banks

15th June, 2019

The legal expert Ali al-Tamimi, on Saturday, that the absence of legal deterrent contributes to the recurrence of financial violations, noting that there are cases of manipulation of the work of some banks.

Tamimi said in an interview with "News", that "one of the most dangerous things facing the economy of the country is financial attrition," noting that "the absence of legal deterrent contributes to the recurrence of financial violations."

Tamimi pointed out, "the existence of cases of large manipulation in the work of some banks, which lost investor confidence in them."

Al-Tamimi added that "Iraq does not have guarantees to encourage investment in the country and therefore we see a great reluctance of investors to come and not to risk capital."    LINK

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