FIREFLY: Television is saying great efforts are being made to protect our national currency with counterfeit and money laundering.
FRANK: That's true. There is a very great effort being put to protect your national sovereign currency ...And it will have a new exchange rate to match it. All the monetary reform education taught to you up to this point is what's going on.
The training at the border is playing an important part in the security of your currency. IMO your dinar is about to become the most powerful currency in the world surpassing Kuwait.
Al-Sudani, Russian envoy discuss bilateral cooperation and stability
Iraq’s Prime Minister Mohammed Shia Al-Sudani met Wednesday with Mikhail Bogdanov, Russian President Vladimir Putin’s special representative to the Middle East and North Africa, to discuss bilateral relations and ways to enhance cooperation across multiple sectors, according to a statement from Al-Sudani’s media office.
The discussions also addressed regional and international developments, focusing on “efforts aimed at strengthening stability in the region.” The prime minister reaffirmed Iraq’s commitment to “fostering stronger ties between Iraq and Russia.
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The meeting follows earlier talks in Baghdad between Iraqi Speaker of Parliament Mahmoud Al-Mashhadani and a Russian delegation led by Bogdanov,
Statement from PM Al-Sudani’s media office:
Prime Minister Mohammed S. Al-Sudani met today, Wednesday, the Special Envoy of the President of the Russian Federation to the Middle East and North Africa, Mr. Mikhail Bogdanov. The meeting focused on bilateral relations between Iraq and Russia and explored ways to enhance cooperation across various fields.
The discussions also covered regional and international developments and efforts aimed at strengthening stability in the region. Prime Minister Al-Sudani expressed his initial approval to participate in the upcoming Arab-Russian Summit to be hosted by the Russian Federation, recognizing its importance in advancing mutual interests.
The Prime Minister reiterated the government’s commitment to fostering stronger ties between Iraq and Russia and expanding avenues of cooperation in multiple sectors. He also emphasized the need to enhance collaboration on the Development Road project and Russian initiatives concerning transit routes to ensure shared benefits and the growth of common interests.
For his part, Mr. Bogdanov conveyed the greetings of Russian President Vladimir Putin to Prime Minister Al-Sudani and reaffirmed his government’s keenness to activate bilateral memoranda of understanding. He also confirmed Russia’s readiness for the upcoming tenth meeting of the Iraqi-Russian Joint Committee, which will oversee the implementation of agreements and memoranda of understanding between the two nations.
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: Good evening to everyone. Sure is a lot of big things happening worldwide!
Member: Mike Bara think tonight could be the night.!!
Member: I really hope Mike is right!
MZ: He should be on Whiskey and Wisdom tonight…..will probably give his intel before the fun stuff starts
Member: Rumor mill is in overdrive tonight . So many calling for the RV tonight others Saturday night. It’s feels close either way.
MZ: MZ: Starting with Iraq: “Al Mahhadani calls on political blocs for an emergency meeting to end differences and discuss challenges” They are meeting at the Presidential Palace guys….the meeting last weekend was so successful….they are having another one this weekend.
MZ: “Parliamentary Finance discusses with a US delegation the file for contracts of foreign oil companies operating in Kurdistan”
They are getting things sorted out to put final numbers on the budget tables for HCL. Big things are going on.
MZ: “Sudani supervises the signing of a contract to develop the refinery by adding a refinery unit of 70 thousand barrels a day” This is a 800 million dollar deal. This is big one that greatly increases output and dollars for Iraq.
MZ: “After Trump’s sanctions the Iranian rial plunges to all time low” One US dollar will buy you $85,750 Iranian rial. Do you think they might be willing to sit down at the negotiating table now?
Member: What do you think the trigger is Mark. Seems like there have been many opportunities for this to go, but it doesn’t.
Member: IMO Trumps Sovereign Wealth Fund will Raise the Value of ALL Currencies
MZ: I heard something fun today. I’m almost afraid to tell it to you. But, I have someone from the east coast that I had the privilege of meeting when I was in Reno many years ago aggregating my dinar with the “Wounded Warrior Crew”
MZ: I don’t know all the details….but I know that a very sudden trip west has been initiated. He has been asked to be there. I do not know what for yet. All I know is he got the call and has to get there. He has not made that trip in close to 4 years.
MZ: So when I heard this particular individual….someone I know in real life….I got very excited today. It could be nothing…but it could be huge. I think it’s huge.
He is probably in the air right now. He is neither a bond holder or a paymaster…but works for a group.
MZ: They are still staying quiet on the bond side and on the group side. (Except the above story)
Member: Really hoping to turn in my two weeks notice this weekend.
Member: The news gets better and better every day!
Member: planets are aligned…its happening
Mod: Join us for Whiskey and Wisdom tonight at 8PM EST
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
The Ministry of Finance revealed on Wednesday, February 5, 2025, a meeting to follow up on the restructuring procedures of Rafidain Banks, Al-Rashid and insurance companies.
The ministry said in a statement received by Baghdad Today that “Minister of Finance Taif Sami, chaired on Wednesday, an expanded meeting with the head of the Insurance Bureau and the directors of government banks, insurance companies and the International Auditing and Control Company “Ernst & Young” to follow up on the measures taken in the implementation of restructuring of insurance companies and government banks, led by Rafidain and Al-Rasheed Banks.
During the meeting, the minister pointed out that restructuring represents a fundamental step to enhance financial stability and improve the efficiency of government banks in accordance with international standards. She pointed to the importance of developing banking systems, strengthening internal control, and implementing specialized training programs for banking cadres to ensure the provision of advanced financial services.
Sami also indicated that the strategic plan will include the introduction of modern banking technologies, such as electronic payment, enhancing transparency, improving capital management and completing the comprehensive banking system, in addition to cooperating with international financial institutions and benefiting from international expertise, in addition to setting specific time frames for the implementation of modernization operations, in order to raise the efficiency of government banks and support the national economy.
I think we all know the United States is sitting on a very large stack of Iraqi dinar. Probably many other currencies as well because if we know about it they know about it.
If we can figure it out, they probably have. They're one step ahead of us.
That's a good thing because if this is a benefit for the United States of America and if it's a benefit for Iraq and if it's a benefit for other Middle Eastern countries...let's get going.