TNT – More News, Rumors and Opinions Wednesday PM 4-10-2024


CandyKisses:  Dollar exchange rates in Baghdad and Erbil stabilize after the stock exchange stopped trading

Shafaq News / The dollar exchange rates stabilized, on Wednesday, after the main stock exchanges in Baghdad and Erbil stopped trading due to the Eid holiday.

The correspondent of Shafaq News Agency said that the dollar prices in exchange shops in local markets in Baghdad, some of which opened their doors, witnessed stability today, as the selling price reached 149,000 Iraqi dinars, while purchase prices reached 147,000 dinars per 100 US dollars

CandyKisses:  Iraq ranks 9th in the Arab world with the best countries to invest or do business

 Economy News – Follow-up

Iraq ranked 93rd globally and ninth in the Arab world in the best countries for investment or doing business for the year 2024, according to CEOWORLD magazine, which issued its report for the year 2024, which classifies and analyzes 199 countries based on their business and investment environments. The journal considers the ease of doing business and the mobility of investors and skilled personnel as strategic factors in this analysis.

The ranking was based on 11 different factors, including corruption, freedom (personal, business and monetary), workforce, investor protection, infrastructure, taxation, quality of life, red tape, and technological readiness. Each category was equally weighted.

According to the latest rankings, Spain ranked sixth, followed by Australia, Poland, the Philippines and the United States respectively.

Malaysia, Thailand, the Czech Republic, France and the United Arab Emirates ranked 11th, 12th, 13th, 14th and 15th respectively among the best countries in the world to invest or do business in 2024.

Iraq ranked 93rd globally in the best countries for investment or doing business for the current year, with 71.77 points in skilled hands in the market and 72.15 points in market potential, Nauru, Kiribati, Palau and Micronesia in the last ranks in the best countries for investment or doing business for 2024.

Iraq came ninth in the Arab world after the UAE, Oman, Bahrain, Saudi Arabia, Tunisia, Kuwait, Qatar and Egypt


Courtesy of Dinar Guru:

Frank26  To release executive order 13303 IMO was the domino effect that also released the DFI funds…IMO the currency exchange of the Iraqi dinar is under the DFI fund.  Executive order 13303 has not been resigned therefore the DFI fund is free to be returned, therefore Iraq needs to protect those funds with a new exchange rateTo not see Biden resign this executive order it means to me the monetary reform/new exchange rate is free as a bird to be exposed, to come out for the citizens to use to add purchasing power to their currency.  

Sandy Ingram   The upcoming visit by the Iraqi Prime minister to Washington DC is a significant event packed with potential and fraught with challenges.  The meeting is expected to address a range of issues from the fight against the Islamic State…to Iraqi financial reforms… As the clock ticks down to April 15, the world watches with bated breath.  Will this be the turning point that ushers in a new era of cooperation between the United States and Iraq?  Time as they say will tell.


Greg Mannarino:  4-10-2024

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