Wednesday, March 12, 2025

ZOOM IRAQ NEWS: Akam Fahmi, stated that Prime Minister Mohammed Shia al-Sudani must take a clear stance on the salary issue of Kurdistan Region, 12 MARCH

 ZOOM IRAQ NEWS

Shakhawan Abdullah, Second Deputy Speaker of the Iraqi Parliament, responding to Zoom News’ Akam Fahmi, stated that Prime Minister Mohammed Shia al-Sudani must take a clear stance on the salary issue of Kurdistan Region civil servants, stressing that the "punishment" imposed on them is "unacceptable."
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“Coffee with MarkZ” Tuesday Morning Chat 3-11-2025

 “Coffee with MarkZ” Tuesday Morning Chat 3-11-2025

Thank you MarkZ for all your time, and encouragement daily….. PDK

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 morning one and all….Are we there yet????

Member: Happy Tuesday…..any good RV news today Mark?

Member: Is the 17th still in play to have bonds done?

MZ: I am still hearing those dates are solid….the  “from now until the 17th “ is still in play. The bond side is still telling me their expectations are for the historic bonds to be knocked out this month…. And the majority done by the 17th and 18th. That should be more than enough for us to get our announcements…we hope. 

Member: If it happens for bonds on the 17th…will we be able to go then?

MZ: yes…probably shortly after…within a couple of days. 

Member: I don’t know about anybody else, but I just have this gut feeling about Saint Patrick’s Day, and that our rainbow will appear with the gold at the end of it i.e. The RV.

Member: March 15th is the ides of march, meaning debt relief = Nesara

Member: The longer this goes… Trump opens himself up to MSM criticism regarding the economy. He needs a magic “Trump” card to surprise everyone. (ie RV / NESARA)

MZ: I agree….and I believe they are starting to make better headway …but he really needs Nesara/Gesara.

Member: the financial system is a house of cards built on a sea of debt... and the seas are getting rough!

Member: I have a story about a friend of mine who went to a chase bank and saw a kiosk machine that said "exchanges". Wish I knew what that means?

MZ: hopefully it means our exchanges

Member: It could be exchanging our fiat dollars for our new rainbow gold backed currency in the exchange machines?

Member: We have exchange ATM's in Australia. Just put in US $ and it converts to AU$. Only does a few currencies.

Member: Friend of mine went in to M&T bank few months ago bank Mngr, said they do not exchange. He went in this week asked the same question and bank Mngr said yes We do and are preparing for it now.

MZ: “ Al-Alaq: Iraq has one of the greatest Arab Gold Reserves with 162 tons”  This is making the news again.  Iraq wants the world to know the physical assets it has in its foreign currency reserves ect…..They want us to know they are one of the only solvent countries in the world. They are not a “debtor” nation. They are a “creditor” nation. They are laying the foundation to be able to change their rates. 

Member: Vietnam also has tons of gold in the ground... More than anyone knew...

MZ: “Central Banks injects more than 5 Trillion VND in market”  to keep liquidity going. They may need to change the value of their currency. 

MZ: “Vietnam to sign US deals as trade, energy officials meet” Vietnam is wanting to work closely with the US …They do not want to deal with tariffs and sanctions so are working hand in hand to make sure everybody gets what they want out of this relationship. Vietnam wants to grow with the US. They need to raise the value of their currency. 

Member: Mark, what about the Iraqi Parliament hasn’t been able to get a quorum to pass any legislation due to the Shite-Sunni conflicts ?!!!

MZ: “ On the region’s oil: the Us imposed the amendment of Article 12” the US stepped in on  HCL and approving article 12 with assurance and guarantees that they are working with the Iraqi government to make things happen. And we are about to see things launch off of “stuck”

MZ: “ Is Iraq stepping into the world of crypto currencies?”  yes they are studying many of them….. to blend them with their assets.

MZ; “Iran is on fire: Angry protests and the unprecedented collapse of the Tomain” their currency is in absolute free-fall. We may soon have different leadership in iran. 

Member: Did Kuwait have to wait for a country’s currency to revalue internationally before they exchanged like we waiting for Iraq ?

Member: One hour in to the markets dow jones is down -463 points. Yesterday was over $1.75 trillion gutted from markets lets see how today does!!

Member: Another reason for DOW going downhill, deadline for new loans, end of “Bank Term Funding Program” is today

Member: Looking like a week of many geopolitical moves. This could get us to where Mr.C was speaking of last Friday. Plus Trump meets with Xi April 2.

Member: Lunar eclipse/blood moon in 3-14 will be seen around the world. Purim starts on Friday.

Member: Monday is St Patty’s day the 17th!! Pot of gold at the end of the rainbow (currency) - would be a good day

Member: I've been a practicing poor person for ever…. I would like to be rich now please

Member: "Nothing is IMPOSSIBLE, the word itself says I'm Possible" from Audrey Hepburn.

MZ: THEY MUST BREAK THE PARALLEL MARKET AND DISSOLVE ILLEGAL VENDERS!! @DINARREVALUATION #iqd

 


FRANK26: "EXCHANGE RATE BACK UP CONTINUES TO GROW WHILE IT WAITS FOR THE NEW EXCHANGE RATE", 12 MARCH

KTFA
FRANK26: "EXCHANGE RATE BACK UP CONTINUES TO GROW WHILE IT WAITS FOR THE NEW EXCHANGE RATE".....F26

 

Central Bank reveals its gold reserves

 

3/11/2025

 

 The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed today, Tuesday, that Iraq has one of the highest gold reserves among Arab countries, amounting to 162 tons.
 
Al-Alaq said in a press statement that "the Central Bank is closely monitoring the movement of gold and currencies," noting that "part of diversification to ward off any risks is to have a percentage of gold reserves, especially in recent years there have been continuous purchases."

He added that "Iraq today has 162 tons of gold, which is one of the highest reserves in the Arab world, and we are the fourth country in the size of the gold reserves we have."
 

LINK

MILITIAMAN CC HIGHLIGHTS NOTES, 12 MARCH

 MILITIAMAN CC HIGHLIGHTS NOTES

Highlights

Summary

In this video, the host, part of the Militia Man and Crew, discusses significant developments in Iraq’s digital financial transformation, led by the Central Bank of Iraq. The Central Bank is poised to implement a comprehensive digital transformation, moving towards a digital currency that would streamline financial operations, enhance transparency, and reduce corruption.'

 The host highlights key advancements in Iraq’s banking infrastructure and investments in modernization, including partnerships with international banks and the development of significant oil contracts.

 Furthermore, the video touches upon the global trend of digital currencies, particularly Bitcoin, and the potential implications for Iraq’s economy and financial systems. The host emphasizes the importance of adapting to these changes and presents insights into the evolving landscape of digital finance both locally and globally.

  • 🚀 Digital Transformation in Iraq: The Central Bank of Iraq is leading a comprehensive digital transformation in the financial sector, aiming to modernize banking operations.
  • 💳 Introduction of Digital Currency: Plans for a Central Bank-issued digital currency are underway, offering citizens a digital financial identity and facilitating smoother transactions.
  • 🌍 Global Partnerships: Iraq is collaborating with major international banks and tech organizations to enhance its financial infrastructure, including the Bank of International Settlements.
  • 🔒  Combating Corruption: The digital currency initiative aims to address issues like corruption and money laundering by creating a transparent and monitored financial environment.
  • 🛢️ Oil Sector Developments: Significant contracts with international oil firms, like British Petroleum, are expected to boost Iraq’s economic stability and budget.
  • 📈 Cryptocurrency Trends: The video discusses the growing acceptance of cryptocurrencies, particularly Bitcoin, and its implications for global financial systems.
  • 🔄 Youth Engagement: With a digitally savvy young population, Iraq is well-positioned to embrace and benefit from advancements in electronic payment systems.

Key Insights

  • 🌐 Shift Towards Digital Finance: The Central Bank of Iraq’s commitment to digital transformation reflects a worldwide trend towards digital finance. This shift helps streamline financial operations, making transactions more efficient and transparent. Countries that embrace digital currencies can expect enhanced monitoring of financial operations, which can significantly reduce corruption and increase trust in financial systems. The proactive approach by the Central Bank indicates that Iraq is ready to take bold steps in modernizing its economy to align with global standards.

  • 🔗 The Role of Technology in Banking: The discussion on the integration of artificial intelligence and smart platforms into banking operations reveals a future where traditional banking functions are revolutionized. This technological integration is essential for improving service delivery and meeting the needs of a modern economy. As banks evolve into smart entities, they will be better equipped to handle complex financial transactions, benefiting both the banks and their clients.

  • 🏦 International Collaborations: The host emphasizes Iraq’s collaborations with major international banks like JP Morgan and organizations like the Bank for International Settlements. These partnerships are crucial for Iraq’s financial recovery and modernization efforts, allowing the country to leverage global expertise and technology in banking and finance. This cooperation can lead to improved financial products and services, ultimately boosting economic growth and stability.

  • 📊 Economic Stability and Growth Potential: The host highlights that Iraq’s current security situation is stable, which is essential for attracting foreign investments and facilitating economic growth. The government’s focus on reviving development projects and ensuring timely salary payments indicates a commitment to improving the standard of living for its citizens. The positive outlook for Iraq suggests that with continued efforts, the country can overcome past challenges and achieve sustainable economic growth.

  • 🔍 Caution in Digital Transition: Despite the promising advancements, there are concerns about potential circumventions in the digital ecosystem. The host advises caution, especially for citizens who may not be fully aware of the risks involved in digital finance. Educating the populace about digital currency and electronic payments will be vital for ensuring that the transition is successful and secure.

  • 🌟 Youth as Change Agents: With approximately 65% of Iraq’s population being digitally savvy, the younger generation is poised to play a crucial role in adopting and utilizing digital financial systems. This demographic advantage can help facilitate a smoother transition to digital currencies and electronic transactions, leading to greater financial inclusion and participation in the economy.

  • 📉 Bitcoin as Digital Gold: The video discusses the positioning of Bitcoin as a form of digital gold, especially following the U.S. government’s recent decision to adopt Bitcoin as part of its federal reserves. This move signals a significant shift in how cryptocurrencies are perceived and utilized in the global financial system. The continued interest in Bitcoin suggests it will remain a critical component of the financial landscape, impacting investment strategies and economic policies worldwide.

In conclusion, the video underscores a pivotal moment for Iraq as it embarks on a journey towards digital transformation in its financial sector. The Central Bank’s initiatives, in tandem with international collaborations and a tech-savvy youth 

population, position Iraq to capitalize on the benefits of digital finance while navigating the challenges that lie ahead. The host’s insights provide a comprehensive overview of the current and future landscape of Iraq’s economy, emphasizing the importance of adaptability and proactive engagement in the evolving digital world.

MNT GOAT : We have a VER Y good chance of moving to the Project to Delete the Zeros" #iqd

 


“Major achievement”: Iraq, BP ink deal to boost Kirkuk oil output, 12 MARCH

 “Major achievement”: Iraq, BP ink deal to boost Kirkuk oil output

Shafaq News/ On Monday, the Iraqi Ministry of Oil, represented by the North Oil Company (NOC) and the North Gas Company (NGC), signed a contract with British energy giant BP to develop the Kirkuk oil fields.


In a statement, Deputy Prime Minister for Energy Affairs and Oil Minister Hayyan Abdul-Ghani called the contract signing for the development of NOC fields a “major achievement” for both the ministry and the company, especially after a period of stagnation.


The development and rehabilitation efforts will boost national production, and increase gas investment and production to support electricity generation, he noted, emphasizing that "the ministry is focused on maximizing the state's oil and gas resources, which will positively impact the federal budget's financial resources.”


The contract reportedly includes the rehabilitation and development of the four Kirkuk oil fields (the Baba and Avana domes, Bai Hassan, Jambur, and Khabbaz,) along with the rehabilitation and expansion of gas facilities at the NOC.

Last week, a delegation from BP visited the North Oil Company’s headquarters to finalize steps for rehabilitating the four fields. 

The Iraqi government, in February, signed an agreement with the British company to develop Kirkuk’s fields and ensure “the optimal utilization of energy resources.”