Here is a condensed summary of the main points from the video:
The narrator summarizes several key details about the potential revaluation of the Iraqi Dinar currency:
- The Iraqi Ministerial Council for the Economy decided to support the independence of the Central Bank of Iraq (CBI) in formulating Iraq's monetary policy. This suggests the CBI may have more control in determining the rate and timing of a change in the currency.
- There was a big meeting between CBI leaders, government ministers, legal advisers and others. They discussed private/public partnership contracts, evaluating their economic feasibility.
- The council also reaffirmed supporting the CBI's independence in setting monetary policy in line with its laws and regulations.
- The CBI has been working to reduce inflation and introduce reforms like digital payments. A U.S. Treasury official recently praised the CBI's actions related to monitoring transfers, combatting money laundering, etc.
- Iraq is continuing to "dollarize" in preparation for a stronger Dinar relative to the US Dollar on the foreign exchange.
- There is discussion that when Iraq officially redenominates by removing zeros, the new exchange rate could be around 76 cents per USD. With a $25,000 note, that would be worth around $199,000 USD.
The narrator discusses several topics related to the Iraqi economy and currency:
- Iraq's WTO Working Party on Accession has a meeting scheduled for July 18th, which could be a precursor to Iraq joining the WTO.
- The 2024 Iraq budget schedules were sent to publish in the gazette, allowing the Finance and Planning ministries to disperse funds. Some lawmakers have objected, but others say presidential approval isn't needed since the 3-year budget was already passed.
- A committee is studying economics of the oil and gas sector to help bridge budget deficits and address development gaps. The narrator expects increased production and export capabilities, benefiting citizens.
- There were delays publishing the budget tables due to claimed typing errors. The finance committee is allegedly re-auditing numbers before publishing after the Eid holiday.
- Experts say dollar speculation in Iraq is temporary. Tighter controls and reduced dollar demand have curbed black market trading. The narrator implies further dinar appreciation could eliminate dollar demand.
- Some MPs have appealed the budget schedules in court. But the narrator doubts their complaints since the 3-year budget means amendments don't require multiple readings or presidential approval.
The narrator sees positive progress on various economic fronts in Iraq, with increased oil exports, joining the WTO, and dinar appreciation among expected outcomes.
Here is a condensed summary of the main points from the text:
The narrator provides a guide for making money by selling digital products online. Key steps include:
Niche research - Determine profitable niches by analyzing trends on sites like Pinterest and Etsy. Good current niches are digital planners and journals.
Product creation - Hire freelancers on Fiverr to create customizable digital products. Provide examples of top sellers as inspiration.
Building a brand - Create branding including a logo and website using tools like ChatGPT, Canva, and Hostinger. Build trust with design elements like guarantees.
Advertising - Promote through paid platforms like Facebook and TikTok ads or free channels like Pinterest and Facebook groups. Test different creative and target different audiences.
The goal is to validate the niche, build a brand, create a quality digital product, and drive traffic through advertising to make the first $10,000. Key metrics like return on ad spend determine profitability.
The narrator shows a strategy to make $1,000 per day using Google Maps by identifying unclaimed business listings and offering to claim them for free to build goodwill. Then offer to build them a website with Highle Pages for $5,000 or provide an ongoing optimization service for $1,000 per month.
To find prospects, search Google Maps for a niche in a small city (e.g. chiropractors in Cedarburg, WI). Click "More Places" and look for listings with "Own this business" on them - indicating they are unclaimed. Note ones without reviews or websites too.
Email the business owner saying you noticed their listing is at risk of removal and offer to help claim it. Explain the benefits of claiming. Do it for free to build goodwill then offer the $5k website or $1k/month optimization service.
Highle Pages has templates to easily build niche sites. The prospecting tool automatically shows claimed status and websites. An audit report shows keyword rankings so you can pitch SEO services.
By landing just one $1k/month client per week you can make $1,000 per day. The optimization service is recurring so income compounds over time.
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