Thurs. AM TNT News Articles 10-21-21



Woman found guilty of stealing thousands of dollars from safe in Naples home

COLLIER COUNTY, Fla. – A woman was found guilty of stealing thousands of dollars from a Naples resident’s safe at home.

Shannon Jankins, 47, was found guilty as charged with dealing in stolen property after a two-day trial in Collier County, the State Attorney’s Office said.

The Naples resident went out of town, and during that time, $2,500 in cash and 225,000 Iraqi Dinar, Iraqi currency, were stolen from the safe inside his home. Prosecutors confirmed the foreign currency could only have been exchanged at one local business for US currency.

Collier County Sheriff’s Office deputies confirmed the currency was exchanged at the one business, for under $1,000. Jenkins was identified as the seller and she was arrested.

Woman found guilty of stealing thousands of dollars from safe in Naples home


Planning: Iraq’s economic growth is affected by political and security stability

The Ministry of Planning confirmed, on Wednesday, that economic growth in Iraq is affected by the volume of annual revenues and political and security stability.

Ministry spokesman Abdul-Zahra Al-Hindawi said in an interview with Shafaq News Agency that “growth is affected by multiple circumstances, including the increase in the volume of revenues and political and security stability,” noting that “this stability would encourage investment operations in the country and the implementation of projects.” 

He added that “the implementation of these projects, there will be financial revenues that cover or meet the requirements for the implementation of investment projects,” noting that “the more the number of implemented projects and the progress in the rates of implementation and completion will certainly reflect on the rate of economic growth and the higher the ratio.”

Al-Hindawi pointed out that “Iraq has reached, earlier in the past years, a growth in the gross domestic product between 7 to 8%.”

The International Monetary Fund expected significant growth in the Iraqi economy to reach 10.5 percent in 2022, compared to 3.6 percent in 2021 and 15.7 percent in 2020, and also expected a decrease in the inflation rate to 4.5 percent.

Iraq is experiencing political tensions resulting from the rejection of the results of the early parliamentary elections that took place on October 10, by political forces and influential Shiite factions, which raises fears of an outbreak of violence in the country.  link

The Central Bank discusses with its Saudi counterpart cooperation in the external banking sector

Central Bank Governor Mustafa Ghaleb discussed with the Saudi Central Bank administration cooperation in the external banking sector.

The bank said in a statement, “The Governor of the Central Bank, Mustafa Ghaleb, visited today the Saudi capital, Riyadh, accompanied by a delegation from the Iraqi banking sector, to enhance bilateral relations and prospects for cooperation in the banking sector and to exchange experiences with the Saudi side.”

He added that “the governor met with the management of the Saudi Central Bank on the sidelines of this visit, where the Saudi side welcomed the governor and his accompanying delegation, considering this visit a gateway to deepening relations between the two brotherly countries and the two monetary institutions, and a step that will reflect positively on both sides.”

He added, “The willingness to open the field of exchange of experiences and cooperation in the foreign banking sector was discussed, in a way that would establish a positive stage in the economic relations between the Iraqi side and the Saudi side.”   link

Source: Dinar Recaps


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