Doodlebug: IMOO, interesting timing of this action by our President...
President Trump is going to sign an Executive Order today titled "Opportunity Zones". This Executive Order would encourage Private Investors to invest in low income zones.
You can take your Capital Gains and invest it say, long term 5 years, and get 10% reduction on the taxes that you would owe on the Capital gains (for the investment). Sounds like the private investor can go up to 10 years, then paying no capital gains on the increase of the investment.
Hmmmm... so anyone here that has, or is about to have a large capital gains taxable event, might want to read this executive order that is about to be signed... today.... and then take your questions to your Tax Attorney/Account and see if this might be of interest to you.
Samson: US-Iraqi talks to develop trade exchange
9th December, 2018
Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein discussed with US Ambassador to Baghdad Douglas Silliman Sunday bilateral relations and trade exchange.
"Hussein received the US ambassador to Baghdad, Douglas Silliman, and his accompanying delegation," the press office said. "The meeting reviewed the bilateral economic and trade relations between the two countries and discussed the best ways to strengthen and develop them. Serving the interests of the two peoples".
"The two sides also discussed the development of trade exchange and the promotion of economic cooperation, as well as the latest political developments at the local and regional levels," the statement said. LINK
US Becomes Net Oil Exporter for First Time in 75 Years
Texas Oil Field Matthew Busch/Bloomberg News
America turned into a net oil exporter the week of Nov. 26, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what President Donald Trump has branded as “energy independence.”
The shift to net exports is the dramatic result of an unprecedented boom in American oil production, with thousands of wells pumping from the Permian region of Texas and New Mexico to the Bakken in North Dakota to the Marcellus in Pennsylvania.
Samson: This is what Abdul Mahdi will do if the political blocs fail to resolve the vacant ministries
Policy , 2018/12/08 20:11
BAGHDAD, Iraq -
Said the Alliance for the conquest of Thamir Thiban, on Saturday, that the Prime Minister Adel Abdul Mahdi will resort to an urgent step, in the event that the political blocs did not agree to resolve the rest of the cabinet cabaret.
"The political blocs in the event that failed to agree to resolve the eight vacant ministries, Prime Minister Adel Abdul Mahdi will be obliged to submit the names to the House of Representatives again for the purpose of voting."
He added that "if the parliament also fails to pass those names, Abdul Mahdi will occupy these ministries by proxy."
"The construction coalition categorically rejects the administration of vacant ministries by proxy and repeated the experience of previous years," he said. link
KTFA: Vietnam Articles
Samson: Vietnam among 10 fastest-growing economies
7th December, 2018
GDP growth forecast
While growth is set to ease in 2019, Việt Nam will still be among the top 10 fastest-growing economies globally, according to the “Economic Insight: South-East Asia” report recently released by the Institute of Chartered Accountants in England and Wales (ICAEW).
In the report, ICAEW predicts that economic growth across Southeast Asia (SEA) is expected to slow down in 2019 to 5 per cent, after an estimated 5.3 per cent in 2018.
It attributed the slowdown to US-China tensions. “The resulting slowdown in Chinese demand will weigh significantly on SEA growth, especially for export-dependent economies with a high level of exports to China, like Singapore and Malaysia,” the report said.
Samson: The standard card stops working for the end of the fiscal year
Directorate of General Nationality announced the date of the suspension of electronic booking at all national card centers in the provinces of Iraq.
The Director General of the General Major General Haitham Fadhil Gharabawi in a statement received by the agency of all Iraq [where] a copy of it, "will be the suspension of electronic booking in the national card centers in Baghdad and the provinces for the period 2018/12/25 and until 2019/1/2 for the end of the fiscal year and for inventory purposes Annual". LINK
Samson: Iraq National Card
The Iraqi National Card ) is an electronic biometric card issued by the Ministry of Interior from January 1, 2016. It replaced the Nationality Certificate and Civil Identification Document previously issued. In 2018 it will also replace the Residency Card .This card has a high security platform and is connected directly to the Iraqi Civil System. LINK
Doc.K: LAST FULL WEEK OF THE YEAR ...... GOOD TIME FOR A RATE CHANGE !!!
HISTORY REPEATS ITSELF
Samson: American debt craze may push the Fed to use "gold stunt"
5th December, 2018
US debt has become the focus of attention recently after it has been exacerbated by the extent of the degree of astonishment of the extent of continued discharge, which makes the trick of gold looming again
A report published by the Daily Reconciliation website highlights the current US debt and deficit, as well as a glimpse of US national debt from President George Washington and Alexander Hamilton in an article by James Rijkards on Weekly Standard
The US debt ratio stands at the highest level in history (106%) except for the post-World War II period
But at least in 1945, the United States won the war and its economy dominated global production, while today there is debt without global domination
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