Parliament is the reason why we don’t have a new exchange rate, why we don’t have the new small category notes released yet. Parliament is demanding…they know what’s going on with the American dollar which is extremely hypocritical. It’s not even ironic…it’s sickening because they want to know what the problem is. Guess what, they are the problem.
[Iraq boots-on-the-ground report]
FIREFLY: TV saying expected changes in the revenues of the 3 budgets.
FRANK: Let’s translate that into simple language… – There’s a change in the revenue …the exchange rate…your new national currency to replace the 3 zero notes coming. These words are not used in articles today. These words of communication are about the monetary reform are for you Iraqi citizens not for anyone else. Listen to them carefully.
Article: “Iraq raises the interest rate to 7.5%, and the Economic Council is considering increasing the rate”
IRAQ RAISES ITS INTEREST RATE… BECAUSE THEY ARE GOING TO RAISE THE VALUE OF THE IQD.
Judy Note:If you were reading this Updateon, or from Operation Disclosure Official,be aware that the information has been redacted. For a complete un-redacted version, see a PDF copy at the end of the Update on Operation Disclosure Official, or read an un-redacted version on the Rumor Mill Website.
On Oct 24 – Nov 6th the Flare Finance Platform launches, changes everything for the banks and enables smart contracts for the XRPL.
Starting the fourth week of October Repatriation and Reclamation Allowances would be paid out. The amount of monies paid back will be based on federal taxes paid since the 1940s, interest on mortgages, bank loans, car loans and credit card interest – along with interest earned on those monies over the years. Those 60 and older will be paid in three equal monthly payments for Oct, Nov & Dec. Those 50-60 will get payments over the next 12 months and those younger will be paid out over 15 years, though they have to be employed in order to qualify.
Starting sometime in October and continuing for three months Social Security benefits will be significantly higher, topping out at $5,200.
Repatriation Allowances for 60 and older will begin the 18th or 25th of Oct. as the beginning of three equal payments over the next three months.
Wed. 1 Nov. was the goal to have Currency Exchanges and Zim Bond Redemptions completed, although that date could vary.
On Sun. 19 Nov. XRP gold/asset-backed digital currency would be official.
Starting 1 Jan. 2024 the fiat US Dollar will be worthless, all currencies across the Globe will be on par 1:1 with each other, Social Security benefits will be much higher and the SS R&R payments start on a monthly basis.
In the next three to six months the Rodriguez Trust will begin to administer “universal basic income” for citizens of all GESARA-compliant countries. The amount per individual or family will depend on the status, needs, employment level and age of the person/family and will work to encourage people to work if they can.
Global Currency Reset:
Wed. 18 Wolverine: All operations will be closing by the 20th of October which means you can’t buy any more bonds. They will be shutting down. We are that close, guys. The launch algorithms were ready to go on Mon. 16 Oct.Dubai 1 has been released and Dubai 2 could be finished by now. Banks completed the remaining layers of payments overnight Sun. 15 Oct.
Wed. 18 Oct. TNT: The window for the rate change is still open. The word is Thursday going into Friday 19-20 Oct, but it can still be at any minute. It’s the perfect time to change the rate, while the international transactions are shut down to stop the smuggling of US dollars out of the country.
Wed. 18 Oct. Texas Snake: The Banker’s only comment today was to remain alert for Reno Bank’s opening on Oct. 19. He should receive advanced alert should this be the trigger. Will advise.
Wed. 18 Oct. MarkZ: “On the Bond side there are some with appointments this Friday(20 Oct.) and they are expecting full funding. There are also a couple appointments for over the weekend.”
Tues. 17 Oct. Bruce: Redemption Centers would receive emailsbetween 10-11 am EST on Wed. 18 to tell them about notifications. There was a possibility Tier4b could get notified on Wed. 18 Oct. and start appointments on Thurs. 19 Oct.
Iraq passed the laws yesterday (Tues. 17 Oct.). There is 5% interest rates on all bank deposits. Iraqi citizens, move your Dinars from under the mattress and deposit them in the bank for profit. Our new automated Banking Systems are waiting to make it happen for you.
By Mon. 16 Oct. the Dinar had revalued in Iraq, was fluctuating in value on the back screens of the Forex, though was mainly at $1.47 to the USD in-country. The in-country rate could climb higher, with the international rate being much higher and the Contract rate much higher than that.
The Iraqi Dinar has revaluedand for the past week has been trading on the back screens of the Forex, putting itself in a position for the new exchange rate that was soon to be made public.
Iraqi Banks have been telling Iraqi citizens that the Iraqi Dinar Rate has been changing up in value on the back screens of the Forex and the new rate was about to be announced by the Central Bank of Iraq Board of Directors.
The rise in oil prices gives Iraq the opportunity to stimulate development away from the excuse of scarcity of financing
The increase in oil prices in the last three months has given Iraqi Prime Minister Muhammad Shiaa Al-Sudani a chance to refocus on development issues, particularly those related to industry and agriculture. Due to the shortage of financial resources, the government needs to catch up in these areas.
Specialists in development affairs have advised policymakers in Iraq not to view the current financial abundance as a permanent source of revenue due to the volatility of global energy markets. They recommend investing the funds to the fullest extent through proper planning while also taking measures to protect it from the dangers of corruption that have previously plagued the country. Iraq has lost hundreds of billions of dollars from oil revenues over the last two decades due to crime.
The opportunity presented by surplus oil revenues is a rare chance to embark on a new path of development, which may be the last.
According to estimates, Iraq’s monthly earnings now exceed two billion dollars. The general budget was based on an estimate of the price of a barrel of oil at $70, but it now ranges between $85 and $90. This provides the Iraqi government with a surplus, allowing for budget stability and funding for various development projects in the industrial and agricultural sectors, as well as small projects that are crucial for local development.
Al-Sudani led a meeting of the Supreme Commission for Coordination between the Governorates, where they reviewed the monthly status of ongoing projects, discussed the major problems and obstacles hindering their completion, and proposed solutions to overcome these issues. During the session, the investment map for the governorates of Karbala and Diwaniyah was approved, taking into account the observations made by the Technical Affairs Department in the Coordinating Body between the Governorates. Al-Sudani emphasized the need to prioritize investment in industrial and agricultural projects in all governorates to provide job opportunities and support the government’s development plans and programs.
During the meeting, several issues were discussed related to various aspects of development. These included the educational sector, providing a suitable school environment for students, ensuring potable water in schools, and securing a decent living for the segment of beneficiaries of the social protection network. It was also decided that these beneficiaries would be included in the allocation of residential plots of land in accordance with the controls set by the Ministry of Construction, Housing, and Municipalities. The decision will be made public after its approval.
During the meeting, the government discussed administrative reforms and decided to form a committee led by the General Coordinator for Governorate Affairs, along with the Minister of Finance, representatives from three governorates, and the National Investment Authority. The committee will determine the powers to be transferred to the directors of sub-departments affiliated with the State Real Estate Department in the governorates.
In September of last year, Al-Sudani expressed concern about Iraq’s ability to finance the sustainable development goals due to financial losses incurred during their war against ISIS. He emphasized the importance of prioritizing climate action, as Iraq is considered to be the most vulnerable to the effects of climate change.
During his participation in the Sustainable Development Goals Summit held in New York, Al-Sudani affirmed Iraq’s commitment to the action plan of the International Conference on Financing for Development, which was held in Addis Ababa in 2015. He also mentioned the international plan that was issued, which calls for the development of integrated national financing frameworks to complement national development strategies. Al-Sudani highlighted the importance of sustainable development and expressed Iraq’s welcome of the summit’s adoption of the political declaration that confirms the urgent need to work seriously towards accelerating the implementation of development goals.
Observers believe that Iraq can no longer use the additional money earned from the rise in oil prices as an excuse for lack of funds, particularly related to climate change consequences.
According to Auk Lootsma, the Special Representative of the United Nations Development Program in Iraq, Iraq is suffering greatly from the impact of climate change. There has been a significant decrease in water levels, which has severely affected the country. The United Nations is currently working with the Iraqi government to help increase the flow of water into the country.
Apart from lower water levels, climate change has brought about a multitude of problems in Iraq, including rising temperatures, loss of biodiversity, sand and dust storms, and electricity shortages. These issues have affected the lives of many Iraqis, as pointed out by Lootsma.
Lootsma emphasized that Iraq has prioritized climate change as part of its national development agenda led by Al-Sudani.
Financial abundance presents an opportunity for Iraq to break development stagnation if protected from corruption that has misused large sums of money.
Iraq had committed to a national development plan prepared by the United Nations Development Program for the period of 2018 to 2022. However, the plan failed to achieve its goals due to insufficient funding. The primary aim of the plan was to achieve sustainable development goals in Iraq. It focused on several key priorities for development, including improving governance, strengthening the private sector, post-conflict reconstruction and development, improving business and investment environments, increasing exports of basic goods, boosting agricultural and industrial production, and enhancing financial and monetary integration with capital markets.
Al-Sudani had promised to gradually shift from a rentier economy by modernizing its functioning. His plan was to focus on the young generation’s potential in building small and medium-sized companies in various fields, including agriculture, industry, information technology, services, and the environment. His vision aimed to create job opportunities and attract both local and international investments.
Many experts believe that the surplus oil revenues present a unique and possibly final opportunity to pave a new path toward agricultural and industrial development. This would help combat the impact of climate change before new price fluctuations or increased government spending eat up the land and resources again.
Prime Minister Mohammed Shia Al-Sudani chaired a meeting to review customs automation and network integration progress.
Representatives from the United Nations Conference on Trade and Development (UNCTAD) attended the meeting.
Detailed reports on the first phase of implementing the global system for customs automation and modernization, known as ASYCUDA (Automated System for Customs Data), were discussed during the meeting. The reports focused on the challenges faced during the implementation process and the solutions devised. The goal of the implementation is to unify customs procedures and issue electronic permits through comprehensive information technology. The reports also emphasized the importance of data exchange and the ultimate goal of establishing a single window for foreign trade.
The Prime Minister has instructed to complete the financial commitments for the first phase and provide the necessary infrastructure to ensure the success of the project. In addition, he has ordered the initiation of technical workshops to promote awareness of this significant project. The project aims to support the government’s efforts to develop economic infrastructure with transparency and integrity.
Customs automation is a vital component of the government’s economic reform program, as highlighted by Al-Sudani. It serves as a basis for financial and banking reforms and aligns with the government’s goal of promoting fair trade and fighting corruption.
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 all……hoping Mark has some good news tonight
MZ: There certainly are a lot of rumors floating around.
MZ: I am hearing from some bond holders that they are expecting money overnight between Thursday and Friday. Especially on Friday
MZ: At the same time there are some historic bond holders as well that are hearing it could be middle of November before they get paid. I do not know where they fit into the que…where they are in line. They may be giving conflicting news right now to see who leaks. They are purposely putting out false info to see who is leaking and to cloud the timing……If they are working this hard to cloud the timing we must be very close.
Member: my platform said that the hold has been removed so that the funds should be able to flow for the bonds shortly
Member: I heard bond sellers were told to close shop on Friday
MZ: I do know some bond dealers that have been told to close shop on Friday and to not make any more deals because it will confuse the “vetting” process
MZ: Many more people are waking up and realizing the banking system is about to undergo a big change…..but they do not want us to know the exact timing of “when”……
Member: We were always told at the end everything would be confusing
MZ: We were …and it is.
MZ: Here is a banking story from yesterday for you guys. “3 guys came in to my friends bank in Chicago where she works in mortgage lending. They were wearing suits and had backpacks on. They left after a couple hours after meeting with the Chief financial officer and President.
MZ: . My friend said the after they left it was obvious that the CFO and President were freaking out to the point of one going to the others office and asking him if he was ok. His response was a nervous laugh and he said “oh,sure” . She saw this first hand and in person….
Member: Are the men in black good guys or bad guys?
MZ: That is the question …or are the telling management about the impending change…and they are shaken because they know their entire system is about to change???
MZ: I am hearing a lot of first hand banking stories with strange men in black showing up with instructions and shaking up management.
MZ: We are seeing some very, very unusual military movement all over the country right now. (Shows clips from military convoy in Las Vegas) Defense contractors have been warned to watch out for potests and to increase security in locations.
MZ: Nader had a video this afternoon talking about digital savings cars and more on the banking system and how they are modernizing their postal service….I think the digital savings card is pretty important. Be sure to go listen and like and subscribe. .
MZ: “The Governor of the Central Bank of Iraq receives the British Ambassador to Iraq” There is a recurring theme to all of these meetings lately. Quote: “His Excellency reviewed the mechanism of external transfers and the efforts made to organize them in a manner consistent with the requirements of local and international rules.”
MZ: In all these meetings they are focusing on currency transactions.
Member: Stock market down 333
Member: Are the delays because of Israel and Hamas?
MZ: Is there even a delay? Maybe we read too much into it because we want it to happen so badly.
Member: hi markz I just received a statement from my student loan and it's fully paid
Member: Sounds like Nesara to me???
Member: I went to the bank and they refused to let me get money out of my acct they said they didnt have it
Member: There is a new wealth management office that opened up by us
Member: It feels like we are all trapped in the Hotel California nightmare.
Member: I can not wait to call make my appointment and check out!
Member: Things are so crazy everywhere…..We just need the military to finally step in and end this movie..Hope the white hats are really in charge…but honestly no one knows..
Member: I hate popcorn now.
Member: Thanks Mark and mods….see everyone tomorrow….God bless.
THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IS MARK’S OPINION ONLY.
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.
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