Parliamentary hosting of the Governor of the Central Bank of Iraq regarding the dollar exchange rate, 16 OCT

Parliamentary hosting of the Governor of the Central Bank of Iraq regarding the dollar exchange rate

The Parliamentary Finance Committee announced on Monday that it will host in the coming days the governor of the Central Bank of Iraq and its general directors regarding the lack of control over the exchange rate of the US dollar against the dinar

Committee member Mustafa Al-Karaawi told Shafaq News Agency, “The committee will host this week the Governor of the Central Bank, Ali Al-Alaq, and the general directors of the bank to find out the reasons for the rise and fall in the dollar exchange rate in the parallel market and who is the party concerned with implementing the reform packages launched by the Central Bank.”

He pointed out that "the instability of the dollar exchange rate has caused an economic problem, and there is no clear policy for the central bank," stressing that "the government must implement what the bank wants through the reform packages it launched, and therefore controlling the exchange rate is a shared responsibility." between the Central Bank and government agencies, especially those concerned with import and customs ports.” 

Al-Karawi pointed out that “hosting the bank’s governor will address the economic crisis, the rise and fall of the dollar, and the agreements the bank signed with the US Federal Reserve and the World Bank.”

The exchange rates of the US dollar have witnessed an upward increase against the Iraqi dinar for several months, and reached its peak this month when the price reached 1,655 dinars to one dollar, despite the government and the Central Bank setting an official exchange rate of 1,320 dinars to one dollar.   link

Coffee with MarkZ. 10/16/2023

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

MarkZ Monday  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: Top of the Monday to y’all!!

Member: GOOD MORNING, EVERYONE!! MAY THE WEEK BRING YOU HAPPINESS AND GREAT FORTUNE.

Member:  I believe the US stalling the RV is causing the Iraqis going to Brics

MZ: I am certain all the dinar boards are blowing up as the rumors are exploding. I am trying to verify them….that will be today’s task. Figuring out what is right and what is wrong. 

MZ: I am hearing that 3 of the large groups have started distributing funds. I don’t think its accurate but it’s one of the rumors that is running hard. I am trying to get absolute proof because that’s a big one. I think they may have dropped that rumor just to see who leaks it? This was dropped at some of the upper levels of some groups. 

MZ: I have been told that other than certain groups with historic bonds and sovereigns that nobody will be going first. It will be a shotgun and we are all going at once. So when I hear that some groups maybe going – I don’t buy it….but some groups may have collected historic bonds as well and those I could see maybe going ahead of everybody else. 

MZ: Those rumors are out there and floating hard but I do not think they are accurate. I want them to be right because that would mean the process has started….I am hoping to prove myself wrong. I have a lot of messages sent…hoping for answers before the day is over.We have to still wait for those on the west coast to wake up. 

MZ: Around the rest of the world…bond folks are quiet. 

MZ: There are a lot of interesting articles on de-dollarization coming out of Iraq. “KRG to collect customs fees in dinar exclusively”  This is the Kurdish region in northern Iraq.  They have fully jumped on board with the de-dollarization effort. 

Membr; In Iraq –they took all the dollars out of the ATM’s- dinar only

MZ: Yes…it’s all part of the de-dollarization over there. I can tell you from my sources they agree….and Kuwait did the same thing before they RV”d. Back then all fees and transaction had to also be paid in Kuwaiti dinar. To me this tells us we are circling around the drain on finishing this thing. 

MZ: Here is a big one: “BRICS expansion could end US dollar dominance in oil trade : US financial experts warn of dangers ahead.”  

Member: Has Iraq officially joined BRICS?

MZ: Not yet- but they have certainly talking with them. It’s only a matter of time until Iraq is part of BRICS….imo

MZ: “Saudi Arabia and Japan sign digital economy partnership”  I did not know how aggressively Japan is pursuing BRICS. This would be a major blow to the G7 and the US. 

Member: Will the Zim still be in the first basket?

MZ: I still expect the Zim to be in the first basket. 

Member:  Hey MarkZ...what about the Ruble..is it involved in RV?

MZ: I believe it is….but, I don’t think it will be the exponential gainer that some currencies are going to be. Most currencies around the world should go at the same time. Those currencies that are just not ready like some in Africa and Asia and in the middle east won’t make the first basket. 

Membr:  I still think the Bolivar is going to surprise us all. No matter how much we try and figure it out, its a sleeping giant.. IMO

Member:  I saw a J.P. Morgan commercial offering wealth management help. that's very odd them running that commercial in this economy

Member: When the US currency changes from fiat to asset-backed , you had mentioned that our money in the banks will automatically change . What happens to the cash we hold in fiat notes?

MZ: I am being told we will have about 90 days to exchange our cash. So if you have a lot of cash under your mattress…spend it, give it to those in need…or deposit it or exchange it at any bank. It will be easy. 

Member:  Been in this for several years starting to get tired and frustrated.

MZ: We are all tired and frustrated….

Member: "You didn't come this far to only come this far"

Member:  hopefully this money train reaches its destination this week.

Member:  Mark ,thanks as always for all the latest news & updates

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"ANALYZING IRAQ NEWS" BY MILITIAMAN, 16 OCT

 Militia Man 

 Article: "...Representative have agreed on the importance of passing this law [HCL] because it guarantees the fair distribution of wealth to all Iraqis..." 

 That's everybody in parliament, that's everybody, so I think there isn't going to be anybody that would miss that vote... So why haven't they done it?  They have to value that.  

That's what we're waiting for to see if they have a new valuation for that based off the new international exchange rate...

 There's a lot of movement and evidence to suggest Iraq is going to to international.  They pretty much have all the tools they need to do so.

  We haven't seen any payment internationally for projects.  We know the 23, 24 and 25 budget has not been spent yet...It's all very good.

 Article:  "China hosts representatives from 130 countries at the New Silk Roads Forum"  This Belt Road project is linking right through Iraq. 

 Al-Sudani just met with Putin on his Development Road Project as well... The 10th anniversary of this coinciding with electronic systems hook ups in Iraq are looking to be timed   accordingly...I like it.

 Sudani has been knocking it out of the park...Turkey is going to be massive...building road, industrial cities, industrial parks.  Think about all the infrastructure that has to go into that.  Water, sewer, roads, electrical...All kinds of things happening behind the scenes.  

Iraqi Prime Minister Directs Emergency Aid for Besieged Gazans, 16 OCT

 Iraqi Prime Minister Directs Emergency Aid for Besieged Gazans, 16 OCT

As the Israeli-Palestinian conflict continues to escalate in the Gaza Strip, Iraq has emerged as a vocal supporter of the Palestinian cause. Prime Minister Mohammed Shia Al Sudani recently met with the Shiite Coordination Framework coalition, where he emphasized the urgent need to collect and send donations to the besieged Palestinians in occupied Palestine. This gesture of solidarity comes in the wake of condemnation of Israel’s brutal attack on the OPTs, which includes the direct targeting of civilians and a harsh siege on Gaza.

Iraq’s Stance on Gaza Conflict

The attendees of the meeting expressed their strong condemnation of the ongoing Zionist attack on the occupied territories. They decried the direct targeting of civilians, highlighting the severe humanitarian crisis faced by the Palestinians, worsened by the brutal siege imposed by Israel on the Gaza Strip.

Iraq’s government, its people, and the parliament have shown a united front in supporting the Palestinian cause. They have joined the supreme religious authority in Najaf in condemning the violence and injustice faced by the Palestinians. Their stance emphasizes the need for international accountability and action to stop the violations against the Palestinian people.

The attendees expressed their appreciation for Iraq’s government positions and the widespread support from the Iraqi people and parliament. They also commended the courageous stance of the Iraqi government in defending the Palestinian people. Diplomatic efforts are ongoing to engage with countries worldwide to rally support for the Palestinian people.

Major General Yahia Rasool, the spokesman for the Commander-in-Chief of the Iraqi Armed Forces, announced that the Iraqi army has received direct donations and humanitarian aid for the Palestinian people. He confirmed that humanitarian aid would be continuously delivered to the Palestinians, underlining Iraq’s commitment to helping those affected by the conflict.

Parliamentary Support

The Iraqi Parliament, led by Speaker Muhammed al-Halbousi, held a session to address the dire situation in Gaza. Parliamentary blocs expressed their unwavering support and solidarity with the Palestinian people. They strongly condemned the brutal crimes committed by Israeli forces in Gaza and the unjust siege imposed on its residents.

The MPs urged the Arab League to hold an emergency session to denounce the aggression against Gaza and called for opening channels to deliver humanitarian, medical, and food aid to the Gaza Strip. They also appealed to the Arab Inter-Parliamentary Union to adopt a unified stance, urging the international community to take action to end the injustice against the Palestinian people.

Reevaluating Iraq’s Relationship with the United States

As the U.S. continues its full support for Israel, several political and parliamentary forces in Iraq have called for a reconsideration of the country’s relationship with the United States. They demand that the Iraqi political leadership boycott U.S. Ambassador in Baghdad, Alina Romansky, for her meetings with Iraqi political and party leaders. Iraq’s position reflects a growing sentiment that the U.S.’s unwavering support for Israel requires a reevaluation of the relationship between the two nations.

https://bnn.network/breaking-news/war/iraqi-prime-minister-directs-emergency-aid-for-besieged-gazans/

Retired U.S. General Draws Parallels Between Israel-Hamas Conflict and 9/11, 16 OCT

 Retired U.S. General Draws Parallels Between Israel-Hamas Conflict and 9/11, 16 OCT

As the echo of rockets and cries of despair reverberate through the landscapes of Israel and Gaza, an ominous voice pierces through the cacophony. Retired US General David Petraeus, the man who commanded US forces in Iraq and Afghanistan and served as director of the CIA, has drawn a chilling parallel between the current onslaught by Hamas and the 9/11 terrorist attacks on American soil.

9/11 Reimagined: A Larger Scale Tragedy

Petraeus, in his recent interview with CBS News, painted a gruesome picture of the current situation in Israel, likening it to a magnified version of 9/11. He posited that the loss of life in Israel, when scaled up to match the American population, would equate to over 40,000 deaths. The comparison, stark as it may be, underscores the severity of the ongoing conflict and the scale of the challenges Israel faces in its planned invasion of Gaza.

Invisible Enemy: Unseen Threats and Unanticipated Challenges

Petraeus highlighted the challenges Israel would face in its planned invasion of Gaza, including the presence of tunnels and improvised explosive devices. The retired general expressed surprise at the lack of awareness from Israeli and American intelligence agencies regarding the planning of the attack, indicating a potential intelligence blind spot and the need for a strategic reassessment. This sentiment hints at a broader concern: Can Israel, in its pursuit of destroying Hamas and retaking Gaza, anticipate and navigate the labyrinth of obstacles that lie ahead, both seen and unseen?

Future of Gaza: Long-term Implications and the Burden of Responsibility

Yet Petraeus’s discourse did not stop at the immediate challenges of the conflict. He questioned the long-term outcome of Israel’s mission, particularly if it succeeds in destroying Hamas and retaking Gaza. He emphasized that Israel cannot simply ‘walk away’ from Gaza post-conflict, hinting at the heavy responsibility and potential governance challenges that may arise. The implication here is clear: the battle may end, but the war – the war for stability, peace, and prosperity – could just be beginning.

As the conflict continues to unfold, General Petraeus’s insights serve as both a warning and a call to action. They underscore the complexity of the situation and the far-reaching implications of the choices made today. It’s a sober reminder that in the tumultuous theatre of war, victory is not just about winning battles, but about securing a sustainable, peaceful future.

https://bnn.network/world/israel/retired-u-s-general-draws-parallels-between-israel-hamas-conflict-and-9-11/

Does Trump Really Hold Dinar?💣IQD Rate Changed!?🤔Iraq Dinar RV Updates |...

"EXCHANGING FOREIGN CURRENCIES AND REDEEMING ZIM BONDS PROCESS", 16 OCT

 Must Read for Anyone Exchanging Foreign Currencies and/or Redeeming Zim Bonds: BOOM! Getting the Process of RV Redemption Started – Inside the Exclusive World of Redemption Centers! – American Media Group (amg-news.com)

• Redemption of currency and bonds is a global phenomenon with implications for economies worldwide. The principles and steps involved are fundamentally similar, making it applicable on a global scale.
• Non-Disclosure Agreements bind individuals to silence regarding the details of their redemption experience.
• Post-Redemption Plan Documents outline how you can manage newfound wealth, including investment strategies, philanthropic endeavors, and more.
• It is important to read and re-read all documentation provided to insure you fully understand your obligations and rights, as well as the implications of signing NDAs and post-redemption plan documents. The NDA document will be published on the secured website link so you can read it prior to your appointment.
• ID Documents needed for redemption: You need to have two bills (electricity, water, gas, telephone, etc.) to prove your address, two types of identification documents with photo, current bank information and account number.
• Zim Holders and others on long term payouts should have a sheet explaining your Humanitarian goals for the first 30, 60 and 90 days.
• Write out questions you may want to ask at your appointment.
• Some in the US will receive emails with a secured website link to go into and obtain your personal 800# to call. Others can find the secured website link on various media outlets including Bruce, MarkZ, Intel Dinar Chronicles, PPN, TNT Tony, Dinar Recaps and Byington’s Restored Republic via a GCR Updates.
• Go into the secured website, identify who you are and call the number provided. Ask any questions you may have to ensure you understand the address of your appointment location. If you provide your email address, you can receive an email with the agreed address and time.
• At your appointment you will pass through various stations, provide proof of your address and present your currency, which will be checked in front of you at a De La Rue machine. Police will check your ID and make sure your police record is clean.
• Once everything has been verified, you will receive a 3-page NDA (non-disclosure document). Read it carefully and sign it. They will give you a copy. 
• Those doing Humanitarian Projects will meet with Humanitarian Project experts. They will offer you an interest rate on your Zim based on how much Zim you have, your project and how many years you wish your structured payout to be. Zim Holders will receive structured payouts for 2, 5, 10 years or more dependent upon what you request. The amount you receive each year would be dependent upon the term you signed up for. You can be paid annually, semi-annually or quarterly, whatever you request. 
• You will meet with your financial advisor, accountant, bank representative and anyone else who needs to be involved in the process.
• If you need a trust and have one, you will need to present the certificate within it and have it signed and sealed by a notary public. If you don’t have one, we will provide a temporary one.
• Access to your QFS Account will be displayed. Ask all the questions you need to fully understand.
• Monies put in your Main Account: The exchange rate amount you receive multiplied by the amount of Zim Dollars you trade or exchange.
• Monies put in your Secondary Account: This is the total amount you will receive during the structured payment period. Structured payments will be made from this account.
• After redemption, you can make an appointment to learn about things like money management and investments.
• Information about what happened at your redemption center appointment must remain private. Be careful not to send unnecessary messages or information that violates your NDA. Note that all your calls and Whats App messages will be recorded, while Twitter, Facebook, social networks and forums were being monitored. All devices are connected to the federal government CDMX and other national departmental systems.
• https://dinarchronicles.com/2023/10/16/restored-republic-via-a-gcr-update-as-of-october-16-2023/