Friday, March 21, 2025
Al-Alaq: We are working to establish a data center that represents a successful foundation for digital transformation., 22 MARCH
Al-Alaq: We are working to establish a data center that represents a successful foundation for digital transformation.
3/20/2025 Baghdad
Central Bank Governor Ali Al-Alaq confirmed on Thursday that the digital currency the bank intends to launch will enhance transparency and limit the flow of cash out of banks. He also revealed plans to establish a data center that will serve as a successful platform for digital transformation.
Al-Alaq said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News," that "financial technologies are developing rapidly, in line with the requirements of the financial and banking sector in terms of speed, accuracy, and economic efficiency, in addition to transparency and oversight. The reality of the digital revolution is imposing itself on all sectors, including the financial and banking sector, which is the most beneficiary of the major transformations taking place."
He added, "Digital currency can serve many purposes, limit the leakage of cash outside banks, and achieve a high degree of transparency, as funds can be tracked, whether in the areas of consumption, investment, savings, or even in legitimate and illegitimate businesses. It also provides important databases for analytical purposes, not just for the movement of paper money, in addition to the economic benefits digital currency offers from printing and tracking currency."
Al-Alaq confirmed that "we have begun taking steps in coordination with international organizations to review initial experiments in the digital currency file, which we do not wish to delay." He explained that "there are existing experiments in some countries in the region, and we are also following up with the Arab Monetary Fund to develop appropriate steps in this direction, and what is required is infrastructure.
" He continued, "The Central Bank has advanced infrastructure, as the new bank building contains a sophisticated data center, and we are also working to establish a data center that will represent a successful foundation for digital transformation." LINK
DINAR EXCHANGE: Talks between Iraq and Turkey are paving the way for energy independence, 22 MARCH
DINAR EXCHANGE
“Powerful things happen when nations collaborate! 
Talks between Iraq and Turkey are paving the way for energy independence, economic growth, and regional stability.
Oil exports, electricity, and water cooperation—game-changers for a brighter future! #Iraq #Turkey #Energy #GlobalImpact”
US Urges Iraq to Reach Agreements to Allow Resumption of Kurdish Oil Exports, 22 MARCH
US Urges Iraq to Reach Agreements to Allow Resumption of Kurdish Oil Exports
3/20/2025
WASHINGTON DC, United States (Kurdistan 24)
Addressing reporters on Wednesday, State Department Spokesperson Tammy Bruce explained that the U.S. was “urging the Iraqi Government” to reach an understanding with the international oil companies to allow the resumption of oil exports from the Kurdistan Region.
According to Iraqi authorities, those exports are to restart shortly. although the international oil companies say that more discussion is needed to reach an agreement that will allow for the export of Kurdish oil.
As one knowledgeable source told Kurdistan 24, that developments have come as far as this has a lot to do with the pressure exerted by the Trump administration on Baghdad, including the pro-Iranian elements there.
As a second source affirmed to Kurdistan 24, the Trump administration is very friendly toward the Kurdistan Region.
That was apparent, for example, in a post last week by President Donald Trump on X, highlighting the role of the Peshmerga in the recent assassination of a key ISIS figure.
"Today the fugitive leader of ISIS in Iraq was killed,” Trump wrote last Friday. “His miserable life was terminated, along with another member of ISIS, in coordination with the Iraqi Government and the Kurdish Regional Government.”
Background to Oil Export Dispute
Kurdish oil exports stopped in March 2023, when the International Court of Commerce (ICC) ruled in favor of Iraq in a dispute that was first brought to the court by Nouri al-Maliki eleven years before—in 2012—when Maliki, a strongly sectarian Shi’ite figure, was Iraq’s prime minister.
In fact, Maliki’s governance was judged to be so partisan that the Obama administration concluded that he had been a significant factor behind the rise of ISIS. Thus, it demanded his resignation as a pre-condition for returning U.S. troops to Iraq in order to fight the terrorist group, which had emerged suddenly out of the Syrian civil war.
It took nine years for the ICC to issue its ruling that the export of Kurdish oil through the Iraq-Turkey Pipeline (ITP) contravened the original 1973 agreement concerning exports through that pipeline. And now it has taken another two years to reach the point where, it seems, Kurdish oil exports will soon resume.
Of course, these problems could have been resolved much more quickly, but there was little desire to do so in Baghdad—until the Trump administration focused on the issue.
State Department Position
Bruce was asked about the U.S. role in promoting the resumption of Kurdish oil exports.
“We’re urging the Iraqi Government to reach an agreement .. . with the international oil companies to resume oil exports through the Iraq-Turkey pipeline as soon as possible and to honor the existing contracts with U.S.companies,” she replied.
“Reopening the ITP ensures Iraqi oil can reach global, especially European markets,” she continued. “Iraq benefits from the stability of resilient supply chains, as do we all.”
The Trump administration has been focused on cutting off Iranian oil exports, as part of its maximum pressure campaign. Bringing additional sources of oil online helps to reduce the resulting pressure on international oil prices, so it, too, has a strong interest in the resumption of Kurdish oil exports. LINK
MIKE BARA: QUICK UPDATE : I have been told Zurich and Reno are paying out, 22 MARCH
MIKE BARA
OK, quick summary: Wolvie was told Columbia is paying out. He's waiting to hear on Brazil.
I have been told Zurich and Reno are paying out.
If Reno is paying out, that means Iraq released their codes.
If Iraq released their codes, the RV, whatever form it takes, happens withing 72 hours (hopefully sooner). Jen is getting that we should hear overnight.
We are right there, kids. Count your blessings, and your currency.
Minister of Finance Stresses Importance of Modernizing Debt Management and Financial Analysis from Geneva, 21 MARCH
Minister of Finance Stresses Importance of Modernizing Debt Management and Financial Analysis from Geneva
Minister of Finance Taif Sami stressed the importance of modernizing debt management and committing to developing financial management mechanisms and enhancing transparency to support economic sustainability.
The Ministry of Finance stated in a statement received by the Iraqi News Agency (INA), "Minister of Finance Taif Sami participated today, Thursday, in the opening session of the United Nations Trade and Development Advisory Group meeting taking place in Geneva. The meeting aims to enhance the efficiency of debt management and develop financial analysis mechanisms in line with national and international strategies."
She added, "The session addressed the follow-up on the implementation of the Data Management Financial Services (DAMFAD) program for the period from 2020 to 2024, in addition to discussing the strategic plan for the next period (2025-2028), with a focus on ways to continuously develop and update the approved mechanisms.
The meeting also included a discussion session bringing together current and potential users of DAMFAD, providing an opportunity to exchange experiences and opinions to enhance the quality of services provided."
She continued, "As part of enhancing international cooperation, a donor consultation meeting was held to expand the financial support network. This reflects the Ministry of Finance's commitment to working together with all relevant stakeholders to achieve national financial goals.
The conference also witnessed the release of the seventh generation of the DAMFAD system, with the United Nations Conference on Trade and Development (UNCTAD) affirming its continued support for the Ministry of Finance and the Public Debt Department. UNCTAD representatives expressed their willingness to provide the necessary training for public debt cadres on the new system, which will contribute to enhancing debt management efficiency and achieving greater financial transparency."
During the conference, the Minister emphasized the importance of modernizing debt management and the commitment to developing financial management mechanisms and enhancing transparency to support economic sustainability.
This event is an important step within the Ministry's strategy to achieve higher financial efficiency, enhance economic stability, and build greater confidence in the national financial system. link
EXCERPTS FROM MARKZ, 21 MARCH
EXCERPTS FROM MARKZ
Member: is Iraq hiding a rate in the missing gazette document?
MZ: yes. I am hoping we see it over the weekend based on what I am hearing…. I could be wrong. But then so have all the other gurus.. But with groups gearing up over the weekend…..oil exports to resume this weekend…budget tables possible this weekend. There is a whole lot happening right now that points to “done”
A source told Baghdad Today the reason for the stalled oil negotiations between Baghdad and Erbil. , 21 M ARCH
A source told Baghdad Today the reason for the stalled oil negotiations between Baghdad and Erbil.
An informed source reported on Thursday (March 20, 2025) that the meeting between the delegations of the federal government and the Kurdistan Region increased tensions between the two parties, instead of reaching solutions.
The source added to Baghdad Today that "the reason for this is the federal delegation's insistence on handing over management of the central oil fields, which are managed by the regional government."
He pointed out that "the federal authorities insist on handing it over to them, so that the British company BP can invest in it."
He concluded by saying, "During the meeting, it was decided to send specialized technical teams to monitor the progress of work in the fields, audit production volumes, and monitor the quantities being exported by truck."
In turn, the regional government spokesman, Peshwa Hawrami, said, "We have declared since the beginning of the dispute with the federal government that we have nothing to hide regarding financial matters, oil, and other issues."
Kurdistan Regional Government Prime Minister Masrour Barzani had previously stated that the contract between the British company and the Iraqi government concerned "disputed areas."
It's worth noting that the Kurdistan Region of Iraq lost approximately $20 billion in oil revenues as a result of the Iraqi government's victory in a case at the International Court of Justice, which barred Turkey from exporting resources from the Kurdistan Region without first obtaining the approval of the Baghdad government. The ban on exporting resources from the region remains in place to this day. link
Coffee with MarkZ. 03/20/2025
Coffee with MarkZ. 03/20/2025
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: Happy First Day of Spring
Member: Good Morning. Is anyone sad we still are waiting? I am.
MZ: We are supposed to get youtube back tomorrow.
Member: Getting youtube back for the big day?
MZ: That’s the plan.
Member: Mark do you think there’s a chance this could go into April?
MZ: No – I do not. IMO, There is a possibility that exchanges could go into April …just because exchanges could take awhile.
MZ: I do have 3 different groups that have expressed to me their expectations to be processed over the weekend. If this happens it is highly possible to see 4a moving over the weekend . I am hoping for more updates on that one.
Member: Then we in 4b would be in line right behind them
MZ: I already have some wealth managers/redemption folks tell me they are scheduled to work this weekend. They will find out tomorrow morning if they are scheduled to work both days.
MZ: I am chasing updates on CMKX to see if they recently updated the fines and penalties.
Member: Will the Dinar show on FOREX after the revalue?
Member: I wonder- Is the I-DINAR on the Ripple network?
Member: (From Dinar Guru) Mnt Goat Article: “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. I want to add that this is no longer a long-term objective but something they are to do now. I mean now!
MZ: This was huge news a few years ago….When they talk about the digital dinar , it is backed by a physical measure of gold mixed with a basket of currencies from the region and oil or petrochemicals. So Iraq . this is a gold and asset backed digital currency. They will still have cash…physical dinar notes but it will be represented by the digital.
MZ: There were many articles about it at the time…..and they told us exactly what they are doing. I will look for these old articles to share with you.
MZ: In Iraq: “Parliamentary committee: Kurdistan region’s oil exports to start next week.” This is big. We have been waiting for this and the budget tables. Things appear to be coming to fruition this weekend.
Member: if oil is flowing and Iraqs contracts in country are importing material we should be there
MZ: This one is very interesting. “ 146 thousand dinars per $1,000 dollars. Dollar falls significantly in Iraq”
MZ: On the very same day there was another article: “The rise in the price of the dollar against the Iraqi dinar-new economic repercussions”
MZ: There were two conflicting articles running back to back…the rise of the dollar and the fall of the dollar……this is identical to what we saw in Kuwait and China prior to their value changes. More misdirection to cloud the timing. We saw the same thing in the last few currency revaluations.
Member: is Iraq hiding a rate in the missing gazette document?
MZ: yes. I am hoping we see it over the weekend based on what I am hearing…. I could be wrong. But then so have all the other gurus.. But with groups gearing up over the weekend…..oil exports to resume this weekend…budget tables possible this weekend. There is a whole lot happening right now that points to “done”
StacieZ joins the stream today. Please listen to the replay for her information
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Evening News with MarkZ and Dr. Scott 03/20/2025
Evening News with MarkZ and Dr. Scott 03/20/2025
Evening News with MarkZ and Dr. Scott 03/20/2025
Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him
The rolling chat does not work well on Rumble…so cannot easily post member questions or comments… Notes will be very short this week.
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
MZ: I am getting some interesting conversations from some of the groups who are starting to set dates for their redemption crews to be in the (mostly) western US.
MZ: I don’t want to get myself in trouble by giving out specifics….but some of the groups seem to be bringing in redemption crews specifically for 4b.
MZ: Not everything in tier 4a is already SKR’d (safe keeping receipts) so if they are starting to set this up …it gives me all kinds f warm fuzzies.
MZ: “ US Urges Iraq to Reach Agreements to Allow Resumption of Kurdish Oil Exports” Iraq says they will be umping next week.
MZ: “Al-Alaq: We are working to create a data center that represents a basis for success for digital transformation” They continue to modernize their banking system so they can move forward. Keep remembering the I-dinar.
MZ: “ Morgan Stanley(M5) cuts 2000 banking jobs as US economy slows” We are watching more and more banks cut jobs. With better online aps…..people are not going to physical banks as much anymore.
MZ: “Deutsche Bank cuts 2000 jobs” Banks are coming to grips with a new reality.
Dr. Scott joins the stream tonight. Please listen to replay for his information and opinions
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
🔥 CONFIRMATIONS JUST IN: FINAL TRIGGERS ACTIVATED! 🔥, 22 MARCH
🔥 CONFIRMATIONS JUST IN: FINAL TRIGGERS ACTIVATED! 🔥
High-level banking insiders report that Tier 4B notifications are already being prepared for release within HOURS.
The system is moving at an unprecedented speed, with historic transactions now confirmed in Hong Kong, London, and Dubai. This is the moment we’ve all been waiting for—the full-scale transition to the gold-backed financial system is now irreversible.
🔴 GLOBAL MARKETS IN PANIC MODE! 🔴
The old fiat system is collapsing in real time. Multiple major banks are seeing liquidity shortages as large transfers are being redirected into the new system. Sources from inside the IMF confirm urgent, behind-closed-doors meetings—they know their control is slipping. The end of the central banking cabal is unfolding before our eyes!
💥 BANK SCREENS LIGHT UP WITH FINAL RATES! 💥
💰 IQD: $8.73 – Confirmed LIVE on European trading platforms!
💰 VND: $5.12 – Holding but expected to surge post-announcement.
💰 ZIM & OTHER CURRENCIES: FINAL ADJUSTMENTS IN PROCESS!
🚨 PAYMASTERS REPORT FULL RELEASES! 🚨
Private transaction platforms in Reno and Zurich have received direct confirmations that Tier 1 & Tier 2 payouts are FINALIZED. Tier 3 & Tier 4B are next. If you’re part of the private groups, GET READY NOW!
👀 MILITARY MOVEMENTS CONFIRMED – SECURING THE TRANSITION! 👀
Intel sources confirm heightened security around key financial hubs. Private security details have been activated in Reno, Zurich, and Dubai. Special Ops teams are ensuring that NO foreign interference disrupts this monumental shift in global power.
🔥 THE FINAL PHASE IS UNDERWAY! 🔥
This is not a test. The pieces are falling into place faster than anticipated. The old world is crumbling, and the new financial era is about to rise from the ashes.
⏳ 12-24 HOURS REMAIN – STAY ALERT, STAY READY! ⏳
Your final instructions will be sent shortly. The financial reset is now unstoppable. Watch your inbox—this is it! 🚀
Central Bank: Digital currency reduces cash flow outside banks, 22 MARCH
Central Bank: Digital currency reduces cash flow outside banks
On Thursday, March 20, 2025, the Governor of the Central Bank of Iraq, Ali Al-Alaq, described digital currency as "limiting the flow of cash outside banks." He also spoke of a plan to establish a data center that would serve as a foundation for digital transformation.
The Iraqi government faces challenges in managing dinar liquidity, as it suffers from a chronic shortage of this currency, affecting its ability to meet its financial obligations to pay employee salaries, repay debts, and finance projects.
Al-Alaq said in a press statement followed by Al-Jabal, "Financial technologies are developing rapidly, in line with the requirements of the financial and banking sector in terms of speed, accuracy, and economic efficiency, in addition to transparency and oversight. The reality of the digital revolution is imposing itself on all sectors, including the financial and banking sector, which stands to benefit most from the major transformations taking place."
He added, "Digital currency can serve many purposes, limiting the flow of cash outside banks and achieving a high degree of transparency, as funds can be tracked, whether in consumption, investment, savings, or even in legitimate and illegitimate businesses. It also provides important databases for analytical purposes, not just for the movement of paper money. In addition, digital currency offers economies of scale, including the ability to print and track currency."
Al-Alaq explained, "We have begun taking steps in coordination with international organizations to review initial experiments in the digital currency file, which we do not wish to delay." He noted, " There are existing experiments in some countries in the region, and we are also following up with the Arab Monetary Fund to develop appropriate steps in this direction, and what is required is infrastructure."
He continued, "The Central Bank possesses advanced infrastructure. The new bank building houses a sophisticated data center, and we are working to establish a data center that will represent a successful foundation for digital transformation."
The Central Bank of Iraq previously announced its move to issue a digital currency as an alternative to paper currency, a shift that could reshape the payments landscape and the national economy entirely.
This move comes in response to "increasing challenges in managing traditional cash," amid a global trend toward financial digitization.
Al-Alaq said, "The financial and banking system will witness fundamental transformations, including the decline of paper currencies and their replacement by digital payments by central banks."
He explained that "the Central Bank is moving to create its own digital currency to gradually replace paper transactions, as is happening at some central banks around the world link
TIDBIT FROM FRANK26, 21 MARCH
Frank26
I very strongly believe as the cards are being dealt out, we investors of the Iraqi dinar are holding a trump card...Security and stability is the only thing that we need. Do we need to calculate the exchange rate? No. The RV phase took care of that over a dozen years ago.
Do we need to get the banks up to modern technology, up to par with the rest of the international world? No, the US Treasury is on the ninth floor, the whole freaking floor ! ...Do you think that's for 1310? No, I don't Frank. Well good for you then because you hold a trump card don't you? Yes you do.
Security and stability is the key of unlocking what we all seek...a new exchange rate to bring purchasing power to their currency. Security and stability is important...Security and stability has a trump card and his name is President Donald Trump. But the security and stability is because Iran is no longer in control of Iraq like they used to be. Security and stability is what's going to bring in the new exchange rate.
Prime Minister: Iraq Is Witnessing A Comprehensive Development Renaissance., 21 MARCH
Prime Minister: Iraq Is Witnessing A Comprehensive Development Renaissance.
Buratha News Agency1362025-03-19 Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday that Iraq is witnessing a comprehensive development renaissance, while indicating that 323 power stations are under construction and implementation as part of the campaign to rehabilitate distribution networks and install power stations.
In his speech during the launch of the implementation works of the projects to rehabilitate distribution networks and install power stations via a closed-circuit television, the Prime Minister stated that "the start of work on rehabilitating electricity distribution networks in various governorates comes within the framework of the largest campaign to resolve power grid bottlenecks in preparation for the summer of 2025."
He added that "323 power stations are currently being built and implemented as part of this campaign," noting that "the government is working according to a well-thought-out technical plan, independent of any investment from political or societal entities."
He also explained that "the government has made significant efforts in the energy production sector and is seeking to diversify its sources to ensure the stability of the country's electricity system."
The Prime Minister concluded by stressing that "Iraq is witnessing a comprehensive development renaissance." https://burathanews.com/arabic/news/457789
MIKE BARA: I have been told Zurich and Reno are paying out, 21 MARCH
MIKE BARA
Wolvie was told Columbia is paying out. He’s waiting to hear on Brazil. I have been told Zurich and Reno are paying out. If Reno is paying out, that means Iraq released their codes.
If Iraq released their codes, the RV, whatever form it takes, happens within 72 hours (hopefully sooner).
Jen is getting that we should hear overnight. There are lots of connection problems I started getting reports when Wolverine did that things were extremely active in Reno.
Exchanging money, money flowing.
Different groups of people from those we were hearing from. Once Reno is paying out, then we are within hours of the Dinar revaluing, but it makes sense in places around that world that are important in the process. It appears it happening right now.
I have been told of people being paid in Zurich, but once Reno is confirmed to be flowing in Reno, we will reval of the Dinar. There is conflicting info that only two currency may be ready Dinar and Vietnam but not sure, we are just being told this. Not sure if this is the way it will happen.
I want to tell you to keep in mind, that overnight, we wake up, and the dinar is revalued, and even get the street rate, it will be a blessing for all of us. Let us not get greedy as all will come to us in time.
I have been following this since 2009, and we are as close as we have ever been, but it has never been this exciting. (Listen to audio for complete details).
The Central Bank Of Iraq Explains The Reasons For The Decline In Its Foreign Reserves During The Third Quarter Of 2024, 21 MARCH
The Central Bank Of Iraq Explains The Reasons For The Decline In Its Foreign Reserves During The Third Quarter Of 2024
Wednesday, March 19, 2025, | Economic Number of reads: 169 Baghdad / NINA / The Central Bank of Iraq announced, on Wednesday, a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons that led to this decline.
The bank stated in a report that "Iraq's foreign exchange reserves decreased by 0.52% during the third quarter of 2024, reaching 143.35 trillion dinars, compared to the same period in 2023, when reserves amounted to 144.10 trillion dinars."
The bank attributed this decline to "the Central Bank's resort to withdrawing cash liquidity from the market by strengthening cash sterilization operations, as part of its efforts to maintain monetary stability."
The report added, "As a result of these measures, cash receipts increased from 18.46 trillion dinars to 20.09 trillion dinars during the same period."
It also indicated that "the decline in oil prices from $82.2 to $77.3 during the same period was another factor in the decline in foreign reserves."
The bank explained that "the increase in receipts led to the depletion of a portion of net foreign reserves, and the issued currency increased from 100.06 trillion dinars to 104.13 trillion dinars, as a result of the increase in public spending, which in turn led to an increase in public debt."
The central bank stressed that "despite this decline, it still has large net foreign reserves compared to the money supply, which makes it in a relatively safe position, according to global financial standards that set the minimum at 20%." https://ninanews.com/Website/News/Details?key=1192853
TIDBIT FROM MNT GOAT, 21 MARCH
Mnt Goat
Article: “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET
IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. I want to add that this is no longer a long-term objective but something they are to do now. I mean now!
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