Thursday, July 11, 2024
Coffee with MarkZ. 07/11/2024
4 New Decisions From The Central Bank Of Iraq Regarding Government Banks
Banks Economy News – Baghdad The Central Bank of Iraq revealed a new plan regarding government banks, including Rafidain and Rashid.
According to a document issued by the Central Bank of Iraq and received by "Al-Eqtisad News", "the meetings that took place with the Prime Minister, in the presence of the Governor of the Central Bank and the Minister of Finance, regarding the decision of the Council of Ministers held on 1/2/2024 and the proposed idea of transforming the Industrial Bank into a public joint-stock company with the contribution of local and foreign investors, and that the second phase would include the Agricultural Cooperative Bank, we explain to you below the new plan regarding the bank and other government banks
1- Rafidain Bank is being restructured by dividing it into two banks (the old one for government accounts, and the new one as a commercial bank/public joint-stock company).
2- After that, Rashid Bank will be merged with the new Rafidain Bank.
3- The Industrial Bank will be transformed into a public joint-stock company, and then the Agricultural Cooperative Bank will be acquired.
4- At a later stage, the Real Estate Bank will be merged with the Housing Fund.
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JUDY NOTES, 11 JULY
Judy Note
Wed. 10 July began the Global Debt Jubilee, although many felt it was a no news day – at least none that was revealed to us.
Wolverine knew it was the long waited for Debt forgiveness day. He posted in his room that notifications for exchange appointments for the Global Currency Reset of 209 nations commenced on that Wed. 10 July evening, with at least some liquidity expected to be available on Mon. 15 July. BQQQM!!! The Debt Jubilee Begins July 10th! Prepare for the Revolution! – American Media Group (amg-news.com)
Also on late afternoon Wed. 10 July we received news that there was a Stock Market Crash Alert for the next day, Thurs. 11 July
Global Currency Reset:
- Wed. 10 July 2024 Frank26 Call: Hawaii Airlines and certain hotels were now accepting the IQD. HCL is accomplished and is international.
- Tues. 9 July Bruce, The Big Call: “I was told that this was the week for this to go and one of our sources said this should be our week.
- Wed. 10 July 2024 Debt Jubilee: BQQQM!!! The Debt Jubilee Begins July 10th! Prepare for the Revolution! – American Media Group (amg-news.com)
Global Financial Crisis:
- Wed. 10 July 2024: US Debt Clock: It’s a Quantum Leap in Wealth Creation – The Man with the Plan: Donald Trump!(video) – American Media Group (amg-news.com)
Unfolding of Events. As the grand spectacle takes shape, a series of remarkable events will transpire:
- Bitcoin servers and data centers will face a decisive blow, leading to the fall of 99.5% of crypto-currencies, including China Coins.
- ISO20022 Coins, backed by Precious Metals, will emerge as a new financial paradigm.
- The Stock Market will crash, reshaping the global financial landscape.
- Quantum Systems will come to life.
- NESARA/GESARA/RV will pave the way for a new era of prosperity.
- Ten countries will unite to activate the Emergency Broadcast System, covering the entire globe.
- A cascade of shocking truths will be unveiled.
There will be an Internet Blackout.
- The White Hat Military is in control of the redemption process, which has released funds across the World for the Global Currency Reset.
- All banks have signed Non Disclosure Agreements.
- The GCR funds come directly from the US Treasury Department of Defense Operations – that go out to Treasury Departments in other countries.
- Japan has revalued their currency.
- Bond Holders have begun to be paid in Brazil.
- Bond Holders in the US have been promised to be liquid this week.
- Notifications have gone out to Tier 4a, a small group of Tier4b and some Bond Holders.
Al-Sudani Directs To Finalize Procedures For Developing Rafidain Bank's Work
Politics | 02:22 - 10/07/2024 Baghdad - Mawazine News Prime Minister Mohammed Shia Al-Sudani chaired a special meeting on Wednesday to develop the work of government banks, in the presence of representatives of Ernst & Young for auditing and financial consulting, while directing the finalization of procedures for developing the work of Rafidain Bank.
The Prime Minister's media office stated in a statement received by Mawazine News that "Al-Sudani was briefed on the technical and administrative procedures for the Rafidain Bank development project, which were taken during the period following the signing of the contract with the company specialized in structuring and developing work in the banking sector."
The Prime Minister stressed "the need to continue intensive meetings between the higher committee concerned with the project, which includes the Central Bank of Iraq and government banks, and the consulting company, in order to resolve all matters related to developing the work of Rafidain Bank."
It is noteworthy that the Rafidain Bank development plan includes a comprehensive review and evaluation of the bank’s work, and implementing structural administrative reforms, aiming to provide a package of integrated banking services to citizens and companies, relying on advanced electronic programs, modern technology in all banking transactions, optimal use of human and technical resources, and transition to automated work, which helps the bank’s ability to meet global banking requirements. https://www.mawazin.net/Details.aspx?jimare=251100
LATEST FROM MARKZ, 11 JULY
Wed. 10 July 2024 MarkZ
“Vietnam targeting Q3 GDP growth of 6.5%-7%, inflation below 4.5% PM says” And this is just the third quarter. They are obliterating the US…this is big…and they are under pressure to raise their exchange rate.
[Reference Frank26 post 7-8-2024 re: HCL below] I will agree with that. And it certainly matches with some of the news I got from Iraq today. I was told from day one that when we see the HCL…within hours - we will see the new rate.
My contact in Iraq works in a government position. He has made the comment that they have a new rate…and will activate it soon. That comes directly from Iraq.
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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