Weekend News with MarkZ 08/26/2023

Weekend News with MarkZ 08/26/2023

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 all. There is so much happening; we must be close to RVing.

Member: From your lips to God’s ears. 

Member:  Militia Man had a very good update last night

MZ: Yes he had a fantastic one last night especially on the background of Iran.  I am very much hearing that Iran is now in the first basket to go.

MZ: That is encouraging as they are trade partners with Iraq and share joint oil fields. I think this is an important piece. 

MZ: Not hearing anything on CMKX. But, I have heard very encouraging things from groups and bond folks.  A number of folks have been told they will get their final contracts on the bond side this coming week. 

MZ: I have had that reaffirmed by many other sources. In different areas so I am encouraged , but nervous because we have heard this before and it never came to fruition. I have been inundated by positive news with group leaders again after this lull  in news. 

MZ: I have heard no negative news at all.  We continue to get positive news out of Iraq  from Sadr to Sudani …we are in a good spot …lets see what happens. 

MZ: I am still hearing from my sources here and there that they are expecting tings to be well launched and people with money  in the month of August. 

Member: They better hurry up…4 days left in August. 

Member: Iraq left us hanging again without their new rate as supposedly required to implement budget approved June 28.

Member: Remember Saturday nights is when all the banks close worldwide for a short time …and a great time to get the rate changes implemented. 

Member:  Happy Birthday to those celebrating their special day today May God Bless you all

Member: Thank you Mark and mods…..may this be our last weekend broke. 

CBD Gurus join the stream for 30 minutes towards the beginning. Please listen to the replay for all of their information. 

SATURDAYS  GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

THANK YOU ALL FOR JOINING. HAVE A BLESSED WEEKEND~ SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

RV is Imminent!💣Rate IQD = $3.81 Dong = $0.47!?🤔Iraq Dinar RV Updates | ...

"RV UPDATE" BY MNT GOAT, 26 AUGUST

 Mountain Goat

…when I read the 2011 Dr Shabibi plan for the reinstatement process…He told us then that the de-dollarization is critical in Iraq’s currency reform process. So, it sounds to me like this phase of the Dr Shabibi plan is ending and they are moving to the next stage of the process. We all know what that is, don’t we…hint…hint…hint.

... the VALUE and RATE of the dinar are two different issues. Yes, the RATE should reflect a true VALUE but it does not today. They know it and we know it.  Iraq does not have to rebuild their economy for the rate to change accordingly as the value is already present, just with the resources they can now exploit and sell...Once they do rebuild Iraq cities and grow their economy the dinar should also then adjust its rate and go even higher as thy plan to put it on a FLOAT when it is reinstated. ...No, it is not possible to float the dinar starting at the program rate...

7 times more.. Iran announces the release of its money withheld in Iraq, 26 AUGUST

 7 times more.. Iran announces the release of its money withheld in Iraq

The Iranian Ministry of Foreign Affairs announced on Friday that they released about seven times the amount of Iranian money held in Iraq within a month.

According to the political assistant to Iranian Foreign Minister Ali Bagheri Kani, in an interview with the semi-official “Mehr” agency, most of our money is in Iraq, except for South Korea.

He said that during the negotiations with the American side regarding Iran’s funds in South Korea, they also discussed and began the process of releasing Iran’s money in Iraq.

Bagheri Kani stated that in the past three weeks, they have released almost seven times the amount of money used in Iraq last year for economic activities. They expect this to accelerate the liberation process.

Official Iranian media revealed details of an agreement between Tehran and the United States, brokered by a third country. The agreement includes a prisoner exchange and the release of Iranian funds frozen in South Korea and Iraq.

According to the Iranian News Agency, IRNA, there has been an agreement between Iran and the United States to exchange prisoners. An official source familiar with the agreement stated that Iran will release 5 American prisoners while the United States will release 5 Iranian prisoners.

He explained that in addition to releasing $6 billion of frozen Iranian funds in South Korea, a significant portion of Iranian funds in the Iraqi TBI Bank will also be released. He also mentioned that the process of releasing Iranian funds in European banks has already begun.

On July 11, Prime Minister Muhammad Shia’ al-Sudani announced that Iraq had contacted the US to discuss payment for Iran’s 9.25 billion euro gas imports. He added that Iraq had paid 1.842 billion euros within 7 months according to the agreed mechanism.

A delegation from the Central Bank of Iraq and the Iraqi Trade Bank has reportedly left Iraq for Oman to discuss transferring funds in compliance with the US Treasury. According to Al-Sudani, the delegation’s aim is to agree on a formula for transferring these funds to Oman in agreement with the US Treasury.

Al-Sudani: Iraq has promising opportunities, and the government supports the investor and the private sector

The Prime Minister, Muhammad Shia’ al-Sudani, launched the executive work on a large tourist complex project in Baghdad’s center. The project includes a hotel, residential complex, and tourist facilities.

The Prime Minister’s media office announced that they laid the foundation stone for the first Qatari investment project in Iraq, implemented by the Qatari Investment Holding Company. This initiative aims to enhance opportunities, improve the investment environment, and attract Arab and foreign companies to infrastructure projects in Iraq.

During the ceremony, the Prime Minister welcomed the brothers from Qatar and praised their initiative and persistence in implementing the first cooperation between Iraq and Qatar.

He indicated that the President of the Council thanked the government team, the Mayor of Baghdad, the Chairman of the Investment Commission, the Director of the Prime Minister’s Office, and the advisors. These individuals were responsible for preparing all the requirements related to the allocation of land and granting of investment licenses in a record time.

According to a statement, Al-Sudani stated that Iraq has many promising investment opportunities and the government provides support to serious companies. He emphasized that the government will support investors, companies, and the private sector that are serious about executing investment projects in Baghdad, the provinces, and the Kurdistan region of Iraq.

Weekend News with MarkZ 08/26/2023

IRAQ DINAR RATE CHANGE - IRAN RIAL RATE CHANGE - USA - IRAQ - BRICS - CH...BY MILITIAMAN

Chinese government company looking to build and rebuild in Karbala, 26 AUGUST

 Chinese government company looking to build and rebuild in Karbala

The Chinese governmental company (CCCC), specialized in road and infrastructure works, discussed with the Governor of Karbala, Nassif Al-Khattabi, construction and reconstruction in the province.

Al-Khattabi said in a statement to (Al-Mustaqlia) after his meeting with the Chinese government company, we discussed “the extent to which Chinese government companies can contribute and participate in the construction and reconstruction campaign within the governorate’s reconstruction plan for the year 2023 to 2025.” link

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(Vietnam) Central bank joins regional payment connectivity expansion | Vietnam+ (8/25/23)

(Vietnam) Central bank joins regional payment connectivity expansion | Vietnam+ (8/25/23)

Jakarta (VNA) – The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative. 

The recent development is an expansion of the Memorandum of Understanding on Cooperation in Regional Payment Connectivity (MOU RPC) initiated by the central banks of Indonesia, Malaysia, Philippines, Singapore, and Thailand on the sidelines of the G20 Leaders’ Summit on 14 November 2022 in Bali.

On the sidelines of the 10th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) on August 25 in Jakarta, Vietnam's central bank signed the Supplemental Pages of the MOU RPC.

The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development of faster, cheaper, more transparent, and more inclusive cross-border payments.

According to the MoU, member central banks agreed to promote cross-border payment connectivity based on the application of such payment methods as QR Code, instant payment, and other payment models, as well as cooperation in monitoring and building a sound risk management mechanism in line with the legal framework of member countries. Mechanisms for implementing MoU include dialogue, monitoring, evaluation, and information exchanges.

Within the framework of the Working Group on the ASEAN Payments System (WC-PSS), the members highly appreciated this initiative of the five ASEAN central banks (ASEAN5) and encouraged the participation of ASEAN members. 

Appreciating the potential benefits and opportunities from the initiative, the SBV coordinated with ASEAN5 central banks to complete the procedures to officially become the 6th member of the MoU, which demonstrates its commitment to cooperation and integration in the payment field, in line with the orientation of the Vietnamese Government and central bank as well as the current trend of promoting cross-border payments.

https://en.vietnamplus.vn/central-bank-joins-regional-payment-connectivity-expansion/266894.vnp