AUSTRIA SEES OPPORTUNITY AS IRAQ RETURNS TO STABILITY, 22 SEPT

 AUSTRIA SEES OPPORTUNITY AS IRAQ RETURNS TO STABILITY

September 12, 2023

Austrian Foreign Minister Alexander Schallenberg at the embassy reopening

Baghdad – Austria reopened its embassy in Iraq’s capital Baghdad on Tuesday after a 30-year absence, in what was hailed as a sign of a return to stability.

“We are back and we mean business,” Foreign Minister Alexander Schallenberg told the opening ceremony of the mission, located in the downtown Babylon Rotana Hotel.

Iraq is a “key country” in the region, he said during a joint press conference with his Iraqi counterpart, Fuad Hussein.

“It plays an extremely important role in the stability and security of the entire region.” Ten businesspeople joined him from companies ready to invest, he said, ranging from the energy, health and telecom sectors to transport and infrastructure. These sectors are struggling in war-scarred Iraq, where many roads and the power grid are in disrepair.

“The strongest signal of trust is that 10 well-known Austrian companies are part of my delegation, who are ready to invest here, who are ready to build a business here,” Schallenberg said.

According to the Austrian Economic Chambers, Austrian exports to Iraq last year rose to 94.5 million euros ($101 million), up 25 percent on year.

The Austrian minister also touched on irregular migration and said agreements were signed on the readmission of Iraqis residing illegally in Austria.

Vienna closed its embassy in Iraq in 1991, in the middle of the Gulf War.

Since then, the Austrian embassy in neighboring Jordan took on the functions of the Baghdad embassy, although Vienna stresses that relations between Iraq and Austria “were never cut off”.

Oil-rich Iraq, after more than four decades of conflicts, has returned to a level of stability but remains hounded by political turmoil and corruption.

Many Iraqis also decry what they see as the excessive influence of its neighbor Iran, whose presence is seen in armed factions and pro-Tehran political parties that support the current Iraqi government and dominate the parliament.

TNT CC VIDEO, 22 SEPT

The Central Bank receives several proposals to reduce the price of the dollar, 22 sept

 The Central Bank receives several proposals to reduce the price of the dollar, 22 sept

The Central Bank receives several proposals to reduce the price of the dollarInformation/Baghdad..

The representative of the coordination framework, Firas Al-Muslimaoui, revealed that several parliamentary proposals were presented to the Governor of the Central Bank, Ali Al-Alaq, regarding reducing the prices of the US dollar against the Iraqi dinar.

Al-Muslimaoui said in a statement to Al-Maalouma: “Central Bank Governor Ali Al-Alaq received several proposals regarding ending the crisis of the high dollar exchange rate in the parallel market against the Iraqi dinar.”

He added, “Parliamentary proposals included dealing with the euro and the yuan when importing goods from Asia and Europe instead of the dollar to end total dependence on America.”

He pointed out that “the dollar will gradually decline over the next week after Prime Minister Muhammad Shiaa Al-Sudani held a series of meetings in Washington with the US Treasury.”

The price of the dollar continues to rise, reaching record numbers exceeding 159 thousand dinars against 100 dollars.

almaalomah.me

Coffee with MarkZ and Mr. Cottrell. 09/22/2023

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: Happy Friday everyone!  

Member: Hoping it will be a happy Friday…… I always thought a good time to push the button may be when markets close on a Friday.

MZ: There is an article out that has people panicked today….”Parliament sets 3 months to restore the exchange rate of the dollar to the official rate”  Do not panic about this.  We saw similar articles come out of Kuwait just before they RV’d….an article ccame out saying they were not going to RV for at least 6 months…then bam…they did it that same day….…….

Member:  Mark, has anyone confirmed that Sudani is speaking today in NY?

MZ: I am still hearing he is speaking today. 

Member:  Goldilocks says US and Iraq are talking to strengthen our dollar.

Member: Rumor is Iraq has already RV’d. 

Member: If Iraq rvd …..why have we not heard about it on Forex?

Member:  I believe that Iraq is still under US sanctions. Until that gets changed, the currency isn't tradeable in the US.

Member: Remember when you were in high school and you secretly wanted to go to a party but told your parents you were going to the library to study….It was a secret right?  That is what Iraq is doing. They will not come out and say the exact date …why is that so hard to understand? 

MZ: That’s a great example. They are clouding it….and clouding it on purpose. 

Member: I was going through some notes I took years ago from 2 men that got me into this. They said  back in 2016 that dinar would be $11.75 and dong would be $4.71 . I wonder how close our true rates will be to that?

MZ: I saw some very impressive math in the early 2010’s. Maybe 2012 from an exceptional Iraqi source. They were pointing to a rate between $12.70 ish-$14.70 ish for the dinar based on the math for that day and time…... a lot has changed since then. With values and inflation…so I could defiantly see that now. But I am preparing myself for lower…but hoping for higher. 

MZ: Since Vietnam and Iraq are trading partners….I feel if Iraq rate is high…then the Vietnam rate will also be high. 

Member: At this point 1 To 1 would be great ….if something would just happen

Member: Good idea to expect less and be pleasantly surprised if it’s more.

Member:   In RV HIGHLIGHTS ALEX COLLIER said the International rate for the DINAR is $11.90 and the IN country Rate in Iraq is $4.85. It was posted last night.

Member: I am still praying there is no taxes on our exchange.

Member:  my friends accountanr said that there is no tax or capital gains on the money exchange. He teaches tax law to tax attorneys

Member: Mark –did you come back to the states because you know we and you are going to exchange in the next couple of days

Member: I am very hopeful it will RV while I am here. 

Member: US fiscal year starts Oct 1 along with some other nations…...  If Iraq’s fiscal year starts Oct 1, wouldn’t the RV rate need to be announced before that?

Member: if Iraq goes alone, Mr. c wouldn't put in codes. does that mean the rv would not go?

Member: No – Mr. C is supposedly entering codes for the US Gold backed/asset backed currency……that means we in the US would be exchanging into fiat currency……There are supposedly many signatories to this reset…and they all do a specific job. 

Member: So are other currencies still expected to RV with Iraq?

MZ: Yes …a bunch of them. The big ones we expect are Iraq, Vietnam, Indonesia, Venezuela, Zimbabwe…..and more…..also a decent change in the BRICS currencies as well. 

Member:  US Debt clock showing silver at $1124/oz and gold at $9353/oz plus some other interesting changes and additions.

Member: The debt clock definitely keeps changing .

Member:  They added BRICS to the debt clock overnight !!  US Debt Clock now includes BRICS ratio to gold.

Member: Keep Praying Sudani announces the new dinar rate this weekend once he gets backc home to Iraq. 

Member:  “I will prosper My people” was a prophetic Word by Kim Clement when he was talking about summer. Note: last day of summer is September 23 this year!

Member: Let the weekend and our blessings begin!! Please!

Member:  Let's have a weekend of celebration!

Member:  Hope everyone has a good weekend...hug each other….be grateful for what we have now... it could always be worse

Member: The best is yet to come. 

Mr. Cottrell joins the stream today about minute 15:00…..CBD Guru’s join at the end … Please listen to the replay for their opinions and information. 

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MARK HAS BEEN INVOLVED IN THIS FOR MANY YEARS FROM THE HISTORY AND MADE MANY CONTACTS WORLDWIDE. HE RESPECTS EACH OF THEM AND PROTECTS THEIR PRIVACY. HE VERIFIES INFORMATION BEFORE HE SHARES YET THINGS CHANGE AND IT IS NOT IN HIS CONTROL.

THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE

MZ: Zim payouts I hear may be traunched…..a structured payout over time…….What is a traunch?   https://www.investopedia.com/terms/t/traunch.asp 

MZ:  JFK Secret Societies Speech in case we forgot   https://www.youtube.com/watch?v=ItOPg2l7-t0 

JFK to 911 Everything Is A Rich Man's Trick https://www.youtube.com/watch?v=8ObvK4NR_LI&has_verified=1&bpctr=1579044401 

Your straw man (Strawman) is an artificial person http://freedom-school.com/aware/your-straw-man-is-an-artificial-person.html

MZ: Video on PP’s and Farm claims: https://www.youtube.com/watch?v=sAL0exvL45Y 

Mod:  Dr Shabibi answering questions https://www.youtube.com/watch?v=ol8wve53-ME

MZ: Watch the Video “The end of the road” by Monkey films on Amazon Prime….End of the Road: https://tubitv.com/movies/451883/end_of_the_road

You can share links like these one's to those who don't believe: theoriginalmarkz: https://www.slideshare.net/ahmeddinargate/the-history-of-iraqi-dinar-exchange-rate 

MZ: Farm Claims are what started the whole Nesara movement. So if you want a bit of History …please watch this one.   https://www.youtube.com/watch?v=sAL0exvL45Y 

Mark Coffee and Chat …. Monday through Friday 10:00 AM EST EDT ….Chats live or recorded https://www.twitch.tv/theoriginalmarkz ONLY SPECIAL NEWS tweeted out https://twitter.com/originalmarkz

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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. 

"RV UPDATE" BY MARKZ, 22 SEPT

 MarkZ

 “Joint leader’s statement:  Elevating United States and Vietnam relations to a comprehensive strategic partnership”  So we really want to work with Vietnam. Be best buddies…It’s obvious the US is putting a lot of effort into Vietnam right now…this is a good thing. This means the US wants Vietnam to revalue and be successful.

Member Comment:  ...Praying this is our last week of waiting.  MarkZ:  Things are looking good…that’s for certain. 

[via PDK]

…His [Sudani] first speech at the UN was more on the military situation, security etc…for the region.  Latest reports are that he is now expected to talk again on Friday and address the UN…then hurry home…There is a lot of speculation that he will announce a rate…or that they are going international with their currency…when he gives that speech. Cross your fingers and say your prayers that this comes to fruition.

In Iraq:
“Parliamentarian: Baghdad and Erbil disputes prevent the adoption of the Oil and Gas law”

We were also hearing this kind of thing from Kuwait before their last RV. I was always told to watch for this as a final trigger that needs to be hit right before we see RV. They are working on it. They may be releasing things like this so we don’t know if it’s already done or not.

Member Comment: …Praying this is our last week of waiting.

MarkZ: Things are looking good…that’s for certain.

Hussein: We Discussed With Washington Linking The Market And The Dinar To The Dollar... And It Reveals Provisions Of The Agreement With Iran, 22 SEPT

 Hussein: We Discussed With Washington Linking The Market And The Dinar To The Dollar... And It Reveals Provisions Of The Agreement With Iran

Time: 09/22/2023 12:59:46   Read: 572 times  {Politics: Al-Furat News} Foreign Minister, Fuad Hussein, confirmed that the recent Iraqi-American discussions focused on bilateral relations and joint work in the fields of economy, energy, health and security.

Hussein explained in a press statement that the American-Iraqi relations are distinguished, and have expanded to include various fields, after they were based on security and military cooperation, indicating Washington’s support for the Iraqi position in the international arena, and for economic reform and development in the country.

Regarding the security agreement recently signed between Iraq and Iran, he stated that its provisions were fully implemented by the Iraqi side, with regard to the return of militants present on the border between the two countries in Iraqi Kurdistan to refugee camps.

Regarding the political and security importance of this agreement, Hussein stressed that Iran’s cessation of bombing areas in Iraqi Kurdistan was a condition of the agreement, in exchange for the removal of militants across the border, which the federal government did in cooperation with the Kurdistan Regional Government, in an “important and successful” process for both sides. .

Regarding the possibility of signing a similar agreement with Turkey regarding the armed Kurdish groups that Ankara demands to be removed from the border, Hussein stated that Baghdad has always been in favor of dialogue, expressing his hopes for “intensive dialogues by the same means” with the Turkish side.

The Foreign Minister stated that Ankara has not yet made room to discuss solutions to this problem in another way, far from the use of weapons and violence.

The same spokesman revealed that the President of the Republic summoned the Turkish ambassador to Baghdad to hand him a protest note after the recent bombing, which targeted Arbid Airport in Sulaymaniyah.

The Iraqi official denied the existence of any agreement with Turkey to allow it to carry out repeated strikes on Kurdistan Workers' Party forces in northern Iraq.

Regarding relations with Kuwait, the spokesman explained that the Prime Minister held an “important meeting” with his Kuwaiti counterpart, during which he stressed “Iraq’s full commitment to all Security Council resolutions, bilateral agreements, and respect for Kuwait’s sovereignty.”

Returning to the issue of relations with the United States, the Iraqi official revealed that among the important issues raised at the level of dialogue with Washington is “the issue of linking the Iraqi market and currency to the dollar and the flows of American currency into the country,” noting that it is “a financial and banking issue related to the financial and economic situation of Iraq.”

In his answer to a question about whether security issues related to armed groups affiliated with Iran were among the files that were discussed, Hussein Fouad said, “We did not discuss this issue, and all groups are subject to the Commander-in-Chief of the Armed Forces, that is, to the orders of the Iraqi Prime Minister.”

Regarding the relations between Saudi Arabia and Iran, the spokesman indicated that the two countries have declared and strong relations, after the exchange of ambassadors and visits by the two foreign ministers, indicating that Baghdad played a role in the restoration of their relations, but the discussions between them are now direct.   LINK

Parliament Sets 3 Months To Restore The Dollar Exchange Rate To Its Official Rate, 22 SEPT

 Parliament Sets 3 Months To Restore The Dollar Exchange Rate To Its Official Rate

Politics ,  09/22/2023 10:20  Number of readings: 96    

Baghdad - Iraq today:   The Parliamentary Finance Committee reported that within the next 3 months, the dollar exchange rate will be restored to its official rate.

Committee member Moeen Al-Kazemi said in a television interview, “Iraq opened remittances to import necessary materials, and the Central Bank of Iraq provided approximately 80 percent of the Iraqi market’s needs with official fundamentalist remittances.”

He added, “There remains 20 percent in the black market for which the Central Bank cannot issue a transfer due to imports from countries banned by the US Federal Reserve. Therefore, merchants concerned with obtaining dollars from the black market resort to the parallel market, which leads to this significant increase.”

He continued, “The Central Bank delayed financing its funds from the American side for two periods, and this is considered an obstruction to the work of the Central Bank and the economic situation in Iraq.”

He pointed out that “the American and Treasury restrictions have a pressing impact on the flow of the Central Bank's work, so important measures have been put forward, including facilitating the tax issue for merchants in a way that encourages what is required, that is, the one who pays these taxes, to review the tax authority, pay what he owes, and settle what he owes over the previous period,” pointing out “This procedure is important and is one of the things that encourages the trader to enter the currency window instead of going to the parallel market, which leads to a gradual reduction in the price of the dollar.

He pointed out that "over the next three months, the dollar exchange rate will be gradually restored to its official rate."   LINK