Article: "Iraq to charge Customs Duties/Taxes "Exclusively in Iraqi Dinars" This is awesome. There we go - De-dollarizing, heading in the right direction.
In Iraq they have the ability IMO to do a controlled free float...People ask me, 'Why doesn't Iraqi dinar free float?' Because it could be very very risky. They could benefit from it. They might go in the right direction. People might think they have something to offer...worth investing into, that they have a bright strong future...which I think Iraq does and I think they could benefit from being on the Forex but they have to have the restrictions removed off their currency...Iraqi dinar is on the local one [Forex]. They're not on the big Forex.
There's still problems with the exchange rate...Right now the solution they've come up with is increasing the interest rates for customers if they deposit their money and leave it there [In a bank].
7.5% is a pretty good size interest rate if you're going to leave your money in a deposit at your bank
. In the past we used to have stuff like that but we don't anymore unfortunately.
Sandy Ingram
Iraq has a secret asset many people are not aware of...the ancient city of Babylon is only 54 miles from the capital city of Baghdad. The gold deposits have not changed. The only difference Iraq was busy drilling for oil..
.It is reported gold production value could someday rival or equal oil production value...This massive amount of gold is still in place in Iraq today. The eastern Baghdad region, the western desert and the Kurdistan area have all been discovered to have enormous gold deposits. Mining operations are currently underway...
Article: "Thwarting the smuggling of $400,000 out of the country of Baghdad Airport"
Corruption...smuggling...that's what it's all about. That's the #1 issue. That's how you're gonna get what you want...This was a huge massive corruption cleanup for the new exchange rate to come out with security and stability. It's that simple.
This is not rocket science. This is not complicated...There's only one thing happening right now. Sudani is cleaning the floor of the CBI from the corruption of these horrible people...
Alaq and Sudani are doing a good job because I looked at Maliki, Abadi, Kudami I don't see them as the equivalent as Sudani. These three prime ministers...were all bad...
[Iraq boots-on-the-ground report]
FIREFLY: Television...CBI governor is saying the reason why there's no funding for the budget instructions is not due to the exchange rate. He's saying it's internal...
FRANK: Actually...it's due to the relationship between the dinar and the American dollar that's the exchange rate that they're talking about. Notice they have to clean the floor of the CBI from all terrorism and that's why they're also doing this...The monetary reform plan is moving forward very nicely...
[Iraq boots-on-the-ground report]
FIREFLY: TV saying in news that the decision to raise interest rate in Iraq will increase the banking sector.
FRANK: The only reason they're talking about raising the interest rate is because your exchange rate is about to go up in value...
Iraq to charge Customs Duties/Taxes "Exclusively in Iraqi Dinars"
By John Lee.
The Kurdistan Regional Government (KRG) has said that customs duties and taxes at border crossings will now be levied exclusively in Iraqi dinars instead of US dollars.
According to Decree No. 227 of the Council of Ministers, dated September 20, 2023, customs duties and taxes at border crossings will now be exclusively levied in Iraqi dinar instead of US dollars. Non-compliance with this new regulation will result in penalties.
This decree, issued in accordance with Article 8 of the Kurdistan Regional's Council of Ministers Law (amended No. 3 of 1992) and based on the recommendation of the Minister of Finance and Economy, establishes the sole use of Iraqi dinar for customs duties and taxes at border crossings.
Furthermore, the decree underscores that all ministries and relevant government institutions are required to adhere to this regulation, with violations at border crossings subject to punishment.
Coffee with MarkZ and Mr. Cottrell. Friday 10/20/2023
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: Morning All, and a Happy FriYay! to Everyone!!
Member: As much as I love Mr. C...I really wish we would not be having this podcast...because he got paid...
MZ: Very quiet on the bond front this morning….we were hoping to see something overnight…I know that my European contact s are in a holding pattern…we shall see what developes today and over the weekend.
MZ: There is still lots of chatter out of Iraq ….here is a huge project that is underway right now as they look to fix their housing crisis. “ Bismayah New City” This is part of the national housing program….massive new city about 10 miles north of Baghdad. Huge project and they have already broken ground. Where is this money coming from? How are they planning the potential 600,000 population city with houses, high rises, entertainment…you name it???
MZ: It’s clear Iraq is planning for prosperity. They are going to need a new exchange rate to justify this city…imo
MZ: Another big thing to talk about is BRICS Pay which has released and is functional. Open to innovations for all countries with all forms of money for all humanity. Decentralized ,multi currency, digital , international payment system .This is HUGE. Coming out of the gate to service 3 Billion people . 42% of the world’s population , 30% of the land area of the world. 26% of the world’s GDP is now on BRICS pay. This is ground breaking.
Member: IMO- BRICS is a prelude to NESARA
Member: MM and Crew was VERY positive last night!! Let’s Go!!
MZ: We mentioned yesterday another currency possibility. “This is the world’s fastest growing economy, and it could grow an explosive 100%” We are talking about Guyana. “Guyana is the world’s most booming economy and its set to grow 38% this year.”
Member: Stock market fell in 1929 on Oct 23rd. is history repeating its self?
Member: Stock market in a nosedive
Member: Mark. Rumor has it that currency dealers have been notified to stop selling currency after 11:59 CST. Any idea if this is accurate at all?
MZ: I was told they would stop selling right before the RV…..of course they can change the wording and maybe slow down if they think it’s really close.
Member: Bruce saying tonight at midnight Currency dealers have to halt selling currency!!!
Member: Hoping Bruce is right
Member: I wonder if the QFS working only in background? is this the hold up?
Member: Wish we knew what the hold up really is?
Member: I feel like it's Christmas coming soon. I want all great things for everyone!!!!
Member: Happy Birthday to those celebrating and prayers for those in need.
“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY
Mr. Cottrell and CBD Gurus join the stream today. Please listen to the replay for their information and opinions.
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
German parliament extends army mission in Iraq, 20 OCT
ERBIL (Kurdistan 24) – The German parliament on Wednesday extended the mandate of its army for operations in Iraq.
“I convey my gratitude to the government and parliament of the Federal Republic of Germany for extending the mandate of their troops in Iraq,” Nechirvan Barzani, the president of the Kurdistan Region, said in a post on the social media platform, formerly known as X.
“We still face a common threat, and together, we will ensure the lasting defeat of ISIS.”
Safeen Dizayee, the head of the Department of Foreign Relations of the Kurdistan Regional Government (KRG), also welcomed the extension on the social media platform X.
In mid-September, the German government said that up to 500 soldiers will be deployed until Oct. 31, 2024.
However, a formal authorization requires German parliament approval, which occurred today.
Last year, Kurdistan Region’s Prime Minister Masrour Barzani thanked Germany for its support in the fight against terrorism.
"Germany's support in 2014 helped our Peshmerga turn the tide against the terror group,” he said. “ISIS is still a serious shared threat, and I urge the Bundestag (the German parliament) to renew the mandate."
During Germany’s National Day on Oct. 5, Klaus Streicher, the German Consul General in the Kurdistan Region, underlined that “Daesh (ISIS) is still a threat to international peace and security; continued collective efforts are still required to counter and eradicate its cells.”
“We are therefore proud that German troops take part in the Operation Inherent Resolve and in the NATO Training Mission,” Streicher added.
