MARKZ – WEEKEND NEWS UPDATE
Sunday, November 1, 2026
MARKZ:
Good morning, everyone! Let's get into the news because we have several interesting developments to discuss.
IRAQ – GOVERNMENT RESTRUCTURING
Iraq's Prime Minister, Al-Zaidi, is pushing for intelligence services to remain independent of political parties and political quotas.
What does that mean? Instead of filling government positions based on which political bloc controls the seats, he wants the most qualified people appointed, regardless of their political affiliation or religion.
I like this change. He's trying to make improvements one step at a time.
IRAQ – INTERNATIONAL DEVELOPMENT BANK
The US Treasury has extended the deadline for the liquidation of financial transactions involving Iraq's International Development Bank.
This could indicate that the bank is still working through the process of bringing its operations into compliance. The United States is overseeing these developments, particularly efforts to shut down financial channels that could benefit Iran.
We will have to watch whether this deadline is extended again or whether the bank completes the necessary changes.
IRAQ – GOVERNMENT REVENUES AND FINANCIAL POSITION
We are also seeing figures regarding Iraq's state revenues through August.
The reported revenue figure is approximately 45.355 trillion dinars. There are concerns about the impact of regional disruptions and reduced oil-related income.
But Iraq has reserves, and they are monitoring the situation. It is not necessarily as bad as some people are making it sound.
EUROPEAN BONDS
Now, this is something I find interesting.
I have received updates from several contacts in Europe. Multiple sources are telling me they expect bond releases to begin on Monday, with the bulk potentially following on Wednesday.
That is what I am hearing from my contacts. We will have to wait and see whether those expectations actually materialize.
IRAQ – THE BIGGER PICTURE
I continue to watch the changes taking place in Iraq.
The government is working on improving its institutions, reducing political interference, strengthening financial oversight, and addressing financial channels that have created problems.
These are developments worth watching as Iraq continues its financial and monetary restructuring.
A MESSAGE TO THE COMMUNITY
One thing I want everyone to understand: we keep getting caught up in expecting a specific date or believing something has been postponed.
This is a process. We need to stop putting ourselves through that cycle.
Watch the developments, pay attention to what is actually happening, and don't get caught up in every rumor.
We will continue following the news and sharing updates as they come in.
MARKZ
