Saleh: Serious Government Move To Stimulate The Insurance Sector In Iraq, 26 JAN

 Saleh: Serious Government Move To Stimulate The Insurance Sector In Iraq

Local | 12:57 - 01/24/2025   Mawazine News – Baghdad The Prime Minister's Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Friday, that there is a serious government trend to activate the insurance sector in Iraq.

Salih said: "Activating the insurance sector in Iraq and addressing the absence of insurance culture as a means of financial protection requires considering several intertwined factors, some of which relate to the movement of the overall economy, and others to the societal culture, 

including reviewing existing legislation, including, for example, the importance of providing tax incentives for companies and individuals who choose insurance and supporting small and medium-sized companies to provide innovative insurance products that meet market needs.

" He added, "Based on that, I find it important to design insurance products that suit different categories, such as agricultural insurance and disaster insurance, and to inform citizens that there is mandatory insurance for car accidents, as there is an approved mechanism in this regard that not many people know about, and it is part of the absent societal culture towards mandatory insurance in the country," 

indicating that "citizens' confidence in non-banking financial institutions must be enhanced, including insurance activity in particular, which is reflected in the development of the insurance sector as a whole and its interconnections in the entire national economy."

He added that "the disparity in purchasing power of many segments of society makes them focus on basic needs instead of future financial planning, and for inherited reasons as well due to years of wars, conflicts, and social and economic changes that have affected society."

He pointed out that "the decline in insurance culture is the main factor in the lack of development of this vital sector due to the lack of knowledge of the benefits of insurance and its importance as a means of financial protection, as families, communities, and clans are often relied upon to confront risks instead of resorting to appropriate insurance solutions guaranteed by law."

He stressed "the need to build integrated awareness programs targeting youth and various business sectors and improve the level of services in a way that enhances trust between customers and insurance companies, in addition to increasing the number of options provided by current insurance companies and activating the use of digital technology to improve the customer experience in terms of easy access to insurance services,"

noting "the importance of promoting partnership between the state and the private sector in the scope of life insurance, its services, and its institutions, and I find that it represents the second phase of the financial and economic reform undertaken by the government program."

He pointed out that "there is a serious government trend towards activating the insurance sector as it is the financial guarantor of the individual's and society's life, due to its significant positive impact on the national economy in general and the development of the financial market in particular by reducing risks and enhancing financial stability in the country."https://www.mawazin.net/Details.aspx?jimare=258947

TIDBIT FROM WALKINGSTICK, 26 JAN

  Walkingstick 

 The American dollar, Trump is wanting maybe it should go in a basket with the Iraqi dinar...He wants it in a basket (dinar and dollar) to bring the dinar to $1.00. 

 He wants other currencies in that basket to help each other...and in doing so, by helping each other in that basket, these currencies will gain security and stability, value, and internationally recognized etc.

FRANK26…..1-24-25……BUDGET SCHEDULES

v

Halliburton to Develop 2 Oil Fields in Iraq, 26 JAN

 Halliburton to Develop 2 Oil Fields in Iraq

The Iraqi Cabinet has approved a Heads of Agreement (HOA) with US-based Halliburton for the development of the Nahr Bin Omar [Nahr Bin Umar, Nahr Ben Umar] and Sindbad oil fields in Basra.

According to a statement from the Media Office of the Prime Minister, the project will employ Integrated Field Management Services (IFMS) and the EPCM model, aligning with national efforts and licensing round frameworks.

The South Gas Company (SGC) and Halfaya Gas Company (HGC) signed a contract for the development and processing of gas from the Nahr Bin Umar last year, while China's United Energy Group (UEG) was awarded the contract for Sindbad in 2018.

 (Source: Media Office of the Prime Minister)  link

AJ : 🇮🇶UPDATES ON BUDGET LAW 3 Part Thread 🧵, 26 JAN

 AJ

UPDATES ON BUDGET LAW 3 Part Thread

The Finance Committee of the Iraqi Council of Representatives announced on Friday that they are awaiting the submission of the 2025 budget schedules by the Iraqi government for approval.

They anticipate that employee allowances and promotions will be implemented according to the current schedule, considering these as inherent rights of employees under the Ministry of Finance's jurisdiction. The 2023 budget was designed as a three-year plan covering 2023, 2024, and 2025. A significant change has been the amendment to Article 12/Second/C, which pertains to resuming oil exports from the Kurdistan Region at a rate of 400,000 barrels per day, with the cost of extraction and transportation adjusted from $6 to $16 per barrel. 

This amendment has undergone its first reading, with discussion and voting pending in the second reading. Moeen Al-Kadhimi, a committee member, stated that no further amendments are planned after this one. Once the budget amendment is finalized, the Finance Committee expects the government to provide the budget schedules to ascertain any specific financial adjustments. Regarding employee bonuses and promotions, Al-Kadhimi noted that these are managed by the Ministry of Finance, which had previously suspended bonuses pending budget approval. According to the current schedule, bonuses could be added to salaries in February, affirming this as a right of employees. On January 17, the Iraqi Ministry of Finance reiterated that employees' rights to bonuses and promotions are preserved, explaining that the suspension of certain services transfers and promotions is part of annual regulatory procedures to accurately allocate finances. The ministry is currently unable to transfer services due to the absence of the 2025 budget schedules, which are necessary to understand the financial allocations for each entity, ensuring no financial discrepancies. The ministry is actively working on regulating government spending and setting financial allocation limits for various ministries and entities, including the Kurdistan Region. They emphasized the need to monitor new appointments and employee numbers to prevent funding shortages and ensure timely salary payments for January. Furthermore, the Ministry confirmed that bonuses and promotions are calculated from the date of entitlement, not the issuance date of the ministerial order, according to Circular No. (7497) from 2021. They also mentioned ongoing updates regarding the direct admission of top students and graduates for 2024 and are working to ensure the financial implications of new employee grades are properly included in the 2025 estimates to avoid any allocation shortages.

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IRAQI DINAR BEST SUMMARY 9 mins #iraqidinar #dinar #centralbankofiraq

President Of The Republic Reviews Iraq's Long-Term Economic Development Plan In Davos, 25 JAN

 President Of The Republic Reviews Iraq's Long-Term Economic Development Plan In Davos

Politics | 01/24/2025  Mawazine News – Baghdad  President of the Republic Abdul Latif Jamal Rashid reviewed, on Friday, the main points of Iraq's plan for a long-term economic development strategy at the Davos Conference Center.

A statement by the Presidency of the Republic received by "Mawazine News" stated that "President of the Republic Abdul Latif Jamal Rashid participated in a dialogue session entitled (Towards a more stable land through land reclamation) at the Davos Conference Center."

The statement added that "during the session, which was attended by the Under-Secretary-General of the United Nations and Executive Secretary of the United Nations Convention to Combat Desertification Ibrahim Thiaw, the South African Minister of Agriculture Gwen Steenhuizen, the Executive Director of the Consultative Group on International Agricultural Research Asmahan Al-Wafi, the Executive Director and CEO of New Aero Farms Molly Montgomery, and the Deputy Prime Minister of Mongolia Togmeddin Dorjkhand, the President delivered a speech in which he emphasized his experience as an engineer specializing in water management with decades of experience, and he has devoted a large part of his career to addressing water scarcity issues and developing sustainable land use methods."

In his speech, the President explained the pressures that Iraq is facing due to climate change, water scarcity and desertification, stressing that "Iraq does not stand idly by in the face of these challenges, but has taken decisive and tangible steps to confront them through effective policies aimed at achieving sustainable development."

The statement continued, "The President reviewed the main points of Iraq's plan for a long-term economic development strategy, especially in the areas of agriculture, energy and water security," noting that "Iraq is currently participating in ongoing negotiations with neighboring countries such as Turkey and Iran, with the aim of concluding fair agreements to share the waters of the Tigris and Euphrates rivers,"

indicating that "these negotiations represent a strategic priority for the future of our region, in addition to its work at the international level with specialized international organizations to adopt agricultural practices that are resistant to climate change and ensure access to the necessary funding and expertise to achieve success."

The statement continued, "The session was attended by Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, Chairman of the Advisory and Experts Authority in the Presidency of the Republic Ali Al-Shukri, and the Iraqi Ambassador to the Swiss Confederation Mohammed Al-Dabbagh."
Here is the text of the speech:

“I am pleased to be with you today at this important meeting. As a water management engineer with decades of experience, I have devoted a large part of my career to addressing water scarcity issues and developing sustainable land use methods.

These challenges are not new to me, nor are they merely theoretical issues; they are urgent realities that require us to act quickly. I am pleased to share with you today Iraq’s strategies to address these issues effectively and directly.

Today’s session, entitled “Towards A More Stable Land Through Land Reclamation,” focuses on a critical global challenge: land degradation.

40% of the world’s land has lost its fertility, threatening the stability of our economic and social environments. This phenomenon has caused a decline in agricultural productivity, pollution of waterways, and increasing and accelerating drought, putting economies and livelihoods around the world at risk.

Iraq is no exception to these challenges. About 39% of our land is exposed to desertification, at a time when our water resources, which are the basis of agriculture and livelihoods, are under increasing pressure.

The situation is exacerbated by climate change, rising temperatures, and declining water flows from rivers coming from neighboring countries.

However, Iraq is not standing idly by in the face of these challenges. We are taking decisive and tangible steps to confront them, through effective policies aimed at achieving sustainable development.
Let me review with you some of the main initiatives that we have begun to implement:

* The first and most important step is to improve the management of our existing water resources, by enhancing water use efficiency, developing modern irrigation systems, and collecting rainwater to use it for irrigating land.

* A ten-year federal national program to combat desertification: This program focuses on reforestation, soil conservation, and adopting sustainable agricultural methods.

* Expanding green belt projects: We are in the process of establishing buffer zones around our cities, to reduce the risk of desert encroachment by using local plants that are drought tolerant.

These efforts are an integral part of Iraq’s long-term economic development strategy, particularly in the areas of agriculture, energy and water security.

Sustainable development is the real guarantee of balanced growth that preserves the health of our environment for future generations.

As part of our quest for sustainable development, we are shifting towards renewable energy. We are also working to promote climate-smart agriculture, diversify crops, encourage organic and regenerative agriculture, and tighten legal regulations for sustainable land use practices.
Addressing our water challenges requires cross-border cooperation.

Iraq is currently engaged in ongoing negotiations with neighboring countries such as Turkey and Iran to conclude fair agreements for sharing the waters of the Tigris and Euphrates rivers. These negotiations represent a strategic priority for the future of our region.

Iraq is working internationally, alongside global organizations such as the United Nations Convention to Combat Desertification, the Food and Agriculture Organization (FAO), the World Food Programme (WFP), and the World Bank, to adopt climate-resilient agricultural practices and ensure access to the financing and expertise necessary for success.

In conclusion, we know that sustainable solutions can only be achieved through effective local action and community engagement, which is the foundation of our strategy to address challenges.

Ladies and gentlemen,
land reclamation is not just an environmental imperative, it is a moral responsibility towards future generations.

It is about protecting livelihoods, preserving ecosystems and ensuring a sustainable future for us and our children.  Iraq is committed to this mission and I look forward to working with all of you to achieve these common goals. Thank you."   https://www.mawazin.net/Details.aspx?jimare=258960

TIDBIT FROM PIMPY, 26 JAN

 Pimpy 

 Article: "CBI unveils new banknote security features" 

 This also should bring something to your attention.  If they are adding new features to the currently existing bank notes without changing the denomination, deleting the zeros or exchange rate, that should tell you that there is no rush for them to do anything about the exchange rate. 

 If they knew they were about to go ahead and release new bank notes with the three zeros missing and change the exchange rate there wouldn't be any need to go ahead and add security features to the old notes because there would be no reason for it.

  If you're going to get rid of the old notes why take the time to put new security features on there?  See what I'm saying? 

 That should be an indicator to you that they are not in any rush to re-denominate and change the exchange rate.  Sorry as usual to pee in your Wheaties but that's just the truth.

MZ:The best time to do this was between 11PM est & 2AM est on a Saturday night into a Sunday Morning

 

SANDY INGRAM : Iraqi Dinar 2025 What to Expect? ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

 

Hanan Al-Fatlawi Calls On Parliament To Pass The Budget Amendment As Quickly As The “Three Laws” Were Approved, 25 JAN

 Hanan Al-Fatlawi Calls On Parliament To Pass The Budget Amendment As Quickly As The “Three Laws” Were Approved

Friday 24 January 2025 | Politics Number of readings: 103   Baghdad / NINA / The head of the / Will / bloc, MP Hanan Al-Fatlawi, called on the House of Representatives to pass the amendment to the three-year budget law with the same speed with which it passed the three laws.

Al-Fatlawi said in a post on the / X / platform: "I call on the House of Representatives to pass the budget amendment with the same speed with which it passed the three laws within seconds."

She added: "Keeping the budget unamended means that the government will continue to pay one trillion dinars per month in salaries to the region, while companies in the region continue to produce 320 thousand barrels per day (870 billion dinars per month) that are smuggled outside Iraq and sold at low prices, much lower than SOMO prices, in addition to Turkey demanding a fine of $ 24 million per month for not exporting oil through the Iraqi pipeline extending to Ceyhan."

Last Tuesday, the House of Representatives voted on the three controversial laws (amending the Personal Status Law, amending the General Amnesty Law, and the Law on Returning Seized Lands to Their Owners) using the “one-basket” method, which sparked protests and objections from many representatives and political blocs, and resorted to challenging the legality of the vote, considering that the necessary quorum was not completed. https://ninanews.com/Website/News/Details?key=1181868

TIDBIT FROM BRUCE, 25 JAN

Bruce  

 [via WiserNow] 

 We have been looking to be notified since Tuesday...However, the latest piece of Intel...which was from the person in the treasury...that person said, everything will be taking off for all of us on Saturday [the 25th]...

So that is the plan, as it is now.  ...the information said that we'll be very excited about the rates. I think the rates are going to go higher, especially on Dong...and we know that they are contract on dinar, which tied to the per barrel price of oil, which is was in the low 80s. 

That's per dinar, by the way...the contract rate is only available at the redemption center...I think we're just really ready to go...We should be excited.

FIREFLY: THEY WILL COEXIST!! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

 

An Economist Shows The Monthly Government Spending And Its Impact On The Rise Of The Dollar, 25 JAN

 An Economist Shows The Monthly Government Spending And Its Impact On The Rise Of The Dollar

Friday 24 January 2025 18:48 | Economic Number of readings: 137   Baghdad / NINA / Economic expert Manar Al-Obaidi revealed today, Friday: "The average monthly spending of the Iraqi government in 2024 amounted to about 12 trillion dinars," noting that: "Adding the loans and advances obtained by government agencies and ministries, which are estimated at about 2 trillion dinars per month, raises the total government spending to 14 trillion dinars per month."

Al-Obaidi said in a statement: "The government sector usually works for 20 days a month, which means that the daily spending rate is about 700 billion Iraqi dinars," noting that "to cover this level of spending, the Ministry of Finance needs to sell at least $ 400 million per day to the Central Bank, so that the latter can provide the cash needed to cover government expenditures. "

He pointed out: "The Central Bank cannot provide the Iraqi dinar needed by the Ministry of Finance, except by selling its equivalent in dollars."

The economic expert explained: "The dollar sales by the Central Bank are directly linked to the increase in the size of government spending," indicating that: "The more spending, the more the Central Bank needs to sell larger quantities of dollars."

He added: "If this trend continues, we may reach a stage where the market witnesses daily sales ranging between 400 and 500 million dollars through the various mechanisms adopted by the Central Bank," warning that this reflects the direct impact of the rise in public expenditures on the currency market." / End8    https://ninanews.com/Website/News/Details?Key=1181860

TIDBIT FROM MARKZ, 25 JAN

 MarkZ   

[via PDK] 

 “Trump’s storm hits OPEC and ignites fears in Baghdad” From Remarks given by Trump at Davos…and “Drill Baby Drill”in the US…caused a drop in oil prices below $75. 

This will lower the cost at the pumps for us…and lower the cost of groceries soon …But Iraq is still well in the range they need for the RV.

MM&C Iraq Dinar News-2024 Digital Compact-WEF Security & Stability-Devel...

Weekend Coffee with MarkZ. 01/25/2025, 25 JAN

 Weekend Coffee with MarkZ. 01/25/2025

Weekend Coffee with MarkZ. 01/25/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Mod: GOOD MORNING ALL! HAPPY SATURDAY! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM

Member: Morning everyone! Praying this is our weekend!!

Member: OK Mr. Mark... tell the powers that be to get this rv started !! I know you have THE final say in this !! lol

Member: Is that a gold shirt? Did you wake up this morning and say”I’m going to mess with them today”

MZ: Im just practicing wearing gold to be ready for when the big show start…lol

Member: I believe tomorrow is a holiday in Iraq

MZ: Iraq right now is looking at a consumption tax instead of an income tax. To me that looks like Nesara. Looks like other countries also looking to scrap income taxes in favor of a consumption tax. 

Member: No Income Tax in Iraq - that's GESARA

MZ: Finally a couple bond contacts have reached out to me ….saying they are “positioned “ for this week to be finished…funding is prepared...This coming week starts tomorrow…. Very positive to hear…. But there are still a couple expecting things the first week in Feb. 

Member: So are we waiting until mid Feb now?

MZ: I don’t think so…..I believe we may be done by that time

Member: So what’s the hold up on the bonds?

MZ: I don’t think there is a hold up….I believe they did not feel comfortable moving the trillions of dollars until Trump took the oath of office last Monday. Now they have kicked in to moving all those funds and making sure everything is secure and will be going where it is supposed to. While they have tested the system greatly, this is the first time it will be used at full volume. Groups, group leaders and bankers tell me it all went off of “stuck” last Monday. 

MZ: Also Groups are expecting funding within days . 

MZ: Wealth management/redemption center folks are “on call” this weekend. But, they are being told to expect a couple of long weekends in the very near future. They were specifically told to expect to work next weekend and the next few weekends after that….and to enjoy this last weekend “on call “ because they are about to work a lot. . 

Member: MarkZ, President Trump reportedly in Reno last night and Iraq having a Holiday tomorrow, possibly significant???

MZ: From Iraq: “Hanan Fatlawi calls on Parliament to pass the budget amendment as quickly as the three laws were passed”  This level headed lady is skyrocketing in Iraqi politics. There is a big push to get this budget stuff squared away. I believe Parliament reconvenes in a couple days to vote on the budget. 

Member: Talking to a guy from Iraq at bank other day . He said country is looking good . There gearing up for visitors . He was trying to talk me and others to go there on vacation.

Member: Do you think the Iraq dinar RV at a high rate, or will it come out low and then rise later?

Member: We all want to know that answer. Might just have to wait for our exchange?

Member: I've been told by the platform that the new treasury is in place, now hoping for funds to be released tonight. Hope it’s true. 

Member: Our local credit union has been closed the past 2 Wed. for retraining. Went inside to make a deposit and mentioned about the closing and the teller just smiled and said Big Changes are coming.soon.

Member: Chinese New Year starts on Wednesday the 29th…. RV starting gun a good date?

Member: today planetary parade 1st time in 3.5 billion yrs...everything is aligned for the shift

FIREFLY: Sammy says next Tuesday the appeal will be held by the judge on the three laws that have been passed., 25 JAN

 Frank26  

[Iraq boots-on-the-ground report]  

 FIREFLY:Sammy says next Tuesday the appeal will be held by the judge on the three laws that have been passed...Several  appealed saying it was unconstitutional. 

So the budget table set in limbo until that is cleared.  We do believe once it is cleared then they can be given to parliament for the vote that we are waiting for.  FRANK:  Parliament is using every inch of the clip they are standing on and soon they will have no choice but to tell you citizens the truth.  There are no more choices for them except to pass these laws.

EXCERPTS FROM MARKZ, 25 JAN

 EXCERPTS FROM MARKZ

MZ: I got another report this morning similar to reports I got yesterday makes me confident enough to share. I was told by a couple of groups and a Indian Nation source that “funding transactions should be complete in the next few days” 

MZ: That means in the next few days these folks expect people to be funded. This would be huge. Buckle up. 

MZ: Speaking of Indian Nations: Donald Trump yesterday officially recognized the Lumbee Indian Tribe…This is wonderful and way overdue. 

Breaking News: Trump and Sudani's Game-Changing Call! BY FIREFLY ‪@DINARREVALUATION‬

 

Parliamentary Energy Reveals US Pressure to Pass Budget Amendment Law...and This is the Reason, 25 JAN

 Parliamentary Energy Reveals US Pressure to Pass Budget Amendment Law...and This is the Reason

1/23/2025 Baghdad

The Parliamentary Energy Committee revealed, on Thursday, American pressure to pass the amendment to the budget law.

The Deputy Chairman of the Energy and Natural Resources Committee in the House of Representatives, Adnan Al-Jaberi, said in an interview with the “Al-Mudawala” program, which is broadcast on “Al-Ahd” channel, that “most of the companies operating in the Kurdistan Region are American,” stressing that “the American administration is pressing to expedite the amendment of the budget law.”

He added, "The amendment of the budget aims to address the oil dispute between Baghdad and Erbil," indicating that "the amendment of Article 14 of the budget will lead to the appointment of about 12,000 employees on a contract basis."

He added, "The vote on amending the budget will lead to Baghdad's recognition of the oil contracts concluded by the region," explaining that "we proposed to the region to establish a national oil company affiliated with the federal Ministry of Oil."

He added, "We are seeking to amend Article 12 of the budget in a strict manner to prevent the region and the center from evading implementation."  LINK

TIDBIT FROM SANDY INGRAM, 25 JAN

 Sandy Ingram 

 Iraq has set an ambitious goal to increase non-oil revenues to 20% of its national income.  This is urgently important because the IMF...will not support Iraq's increase in currency value until it has more non-oil annual revenue...

If you remember Iraq almost went bankrupt during the pandemic when oil revenue went to nearly zero.

MAJEED : ONCE THE IQD GO ON FOREX , IT WILL BE LIKE THE SHOTGUN TO LET THE OTHER CURRENCIES REVALUE

 

Parliamentarian: The House of Representatives will pass a set of laws after approving the controversial ones, 25 JAN

 Parliamentarian: The House of Representatives will pass a set of laws after approving the controversial ones

1/24/2025

A member of the House of Representatives expects a number of laws to be passed during the upcoming sessions after the approval of the controversial laws.

Khaled Hamad Allawi told Al Furat News Agency: "New laws will be passed in the coming period because all the remaining laws are considered simple compared to the previous laws passed."

He explained that "the general amnesty, personal status and property return laws are considered among the laws that were obstructing the work of the House of Representatives and were passed."

Raghad   LINK

TIDBIT FROM FRANK26, 25 JAN

 Frank26   

IMO the reason why they're using the three zero notes to educate the Iraqi citizens is not just because they will coexist with the new small category notes but they will look exactly like the old notes.  The only difference is the zeros will be gone...

 The whole thing falls on one thing - the amendment budget readings...If we're waiting for a float or a basket, what is it that's going to give us the float or the basket?  The amendments...

If they pass the amendment, all hell is going to break loose but this time in a good way!

MAJEED: THE BUDGET WILL BE ADJUSTED TO THE NEW RATE OF THE IRAQI DINAR ‪@DINARREVALUATION‬ #iraqidinar

 

USD/IQD exchange rates stabilizes in Baghdad and Erbil, 25 jan

 USD/IQD exchange rates stabilizes in Baghdad and Erbil

Shafaq News/ On Thursday, exchange rates for the US dollar stabilizes in Baghdad and Erbil with the closure.

According to a Shafaq News survey, Al-Kifah and Al-Harithiya central stock exchanges in Baghdad registered a rate of 150,800 IQD per $100, the same as recorded at morning. 

The selling rate in local currency exchange shops in Baghdad reached 151,750 IQD, while the buying rate was 149,750 IQD per $100.

In Erbil, USD also recorded stability, where the selling price was 150,700 IQD per $100, with a buying price of 150,600 IQD. 

Coffee with MarkZ and Mr. Cottrell. 01/24/2025, 25 JAN

Coffee with MarkZ and Mr. Cottrell. 01/24/2025

Coffee with MarkZ and Mr. Cottrell. 01/24/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: TGIF and Good morning to all

Member: Happy Friday to Mark and all the Mods

​​Member: Woke up financially poor but blessed and so rich in so many ways.  Any news overnight Mark?

MZ: Good morning  Got some really interesting news from some groups. I find it curious that the wording was so similar between them all. 

MZ: I got another report this morning similar to reports I got yesterday makes me confident enough to share. I was told by a couple of groups and a Indian Nation source that “funding transactions should be complete in the next few days” 

MZ: That means in the next few days these folks expect people to be funded. This would be huge. Buckle up. 

MZ: Speaking of Indian Nations: Donald Trump yesterday officially recognized the Lumbee Indian Tribe…This is wonderful and way overdue. 

Member: Just Saw the Memo to Secretary of the Interior Recognition of 'Lumbee Tribe'-Wonderful!

Member: as a member of the Cherokee tribe of northeast Alabama, I am encouraged by Trumps actions. We are recognized by the State of Alabama but not yet recognized by the US govt.

Member: What does this mean for the Indian Nations?

MZ: Part of the Fines and Penalty settlements is settling out historic debts that are owed. For the Indian Nations it would be a tremendous inflow of cash. By recognizing the lumbee Nation they would get paid benefits from the US government. 

Member: Are your banking/redemption contacts working this weekend?

MZ: I do not know…yet

Member: Any bond news?

MZ: Nothing specific on bonds. But one of the groups that got the memo to expect funding in a few days were bond holders. 

Member: Are Bond holders under NDA’s?

MZ: Ablsolutely positively – some are . but some are not and they are still talking because they have not been paid yet. 

MZ: Multiple forex traders have reported that they have had to sign new “terms of agreements” focusing on currency exchange values. I find that very interesting and believe it is a key thing to do before they flip the switch. 

MZ: “The $25 Billion cost of Iraq’s oil deadlock”  Without the oil flowing to Turkey-this is the financial consequences of Baghdad and Erbil’s fight over all these things in the budget. They have already lost $22 billion in under 22 months just from the pipeline not flowing……not counting all the other oil revenues

MZ: “Trump’s storm hits OPEC and ignites fears in Baghdad” From Remarks given by Trump at Davos…..and “Drill Baby Drill” in the US…caused a drop in oil prices below $75.This will lower the cost at the pumps for us…..and lower the cost of groceries soon …But Iraq is still well in the range they need for the RV. 

Member: didn't Iraq say $40 oil would support their economy?.. .

MZ: This one is interesting:  “Central Bank of Libya introduces new LD 5,10, and 20 denominations”  why would they print bills that cost more to print then they are currently worth….unless they were expecting new values? We are seeing this now happening in other countries as well. Pretty unnecessary unless things are going to change. 

MZ: “Trump signs sweeping Crypto Currency Bill”  and buried in this “No Central Bank Digital Currency” so CBDC’s are outlawed by Executive order. 

Member: That is wonderful news……

Member: Trump EO promoting crypto currency…. Didn't our constitution say money/coinage to be gold /silver backed

Member: IRS elimination -- H.R. 25 Congress Bill. According to the Congress' site, it's in front of the Way and Means commitee

Member: I wonder -is Trump going to the Reno treasury today or simply there to thank Nevadans for their vote?

Member: Mark... I have very strong and long time contact shared that her friend is a Paymaster and was summoned yesterday to Reno for the weekend. 

MZ: He is supposed to make a stop in the Reno area…..we will see. 

 MZ: I am so ready for this to be over. 

Member: If all the emergency funds for keeping the Givt open till March ran out the day after Trumps inauguration why no one saying anything about that?

Member: Probably another bit of “misinformation?”

Member: IMO: with the amount of corruption in our banking systems around the world, The Chinese elders will never feel comfortable releasing this money for the RV unless the entire fiat system is shut down.

Member: MarkZ - are they waiting for the repeal of Income Tax before they release the RV?   That would make sense…..

Member: (From Dinar Guru) Mnt Goat  There is new sheriff in town and his name is Donald Trump. What will his policy be towards the Iraqi financial system.  Four years have passed since his last administration and there has been way too much progress in the banking and financial reforms to turn back to the days of the prior Trump administration laden with sanctions. I am told by my CBI contact that Al-Sudani is hoping for an invite to visit the new President in Washington, or better yet have him come to Iraq... 

MZ: It will be soon 

Member: will this RV ever happen????

Member: Alot is happening! praise God!

Member: I know we're all anxious. Remember- Mark is giving us the info he receives. He is just as anxious as we are. Please keep positive 

Member: Always REMEMBER, "You've got to have a dream, if you don't have a dream, how ya gonna have a dream come true"?? That's MY story and I'm sticking to it!!!