Rumor the exchange rate had changed. It has not changed...It doesn't make sense for them to change the exchange rate in one location and not another. What's to keep people from taking their Iraqi dinar to the new 1 to 1 location, exchanging their currency, getting tons of money, running back over to another location that has not yet changed the exchange rate, buy more cheap Iraqi dinar, then run back over to the new exchange rate...You're making millions of dollars. This is why you'll never hear, 'Oh, they have an in-country rate and out-country rate.' No, the rate is the same. That doesn't make any sense whatsoever...no where out there is there a location where it's 1 to 1 and not at other locations.
Remember Iraq is an importing country, not like Vietnam who's exporting...They have room for the Iraqi dinar to grow. This will allow them allow them to bring in goods from around the world to the Iraqi people...
Question: "Article 140, HCL, Oil and Gas - RV ready?"
Even if they pass that doesn't mean the RV is going to to happen. That's what I keep telling people...There are people out there...telling you, 'Yeah, once the HCL, oil and gas law passes then we're going to see an increase in the exchange rate.' They say that about everything. 'Well, the new budget, it's impossible for them to move forward without a higher exchange rate.' Or 'They can't get into the World Trade Organization without a higher exchange rate.' All those are lies. They can.
Iraq to Form a Permanent Council for Private Sector Development, 11 DEC
In a significant move aimed at fostering growth within the private sector, the Ministry of Planning in Iraq, under Prime Minister Mohammed Shia al-Sudani, has announced the upcoming formation of a permanent council dedicated to this sector’s development. This move indicates a strategic shift towards diversifying the Iraqi economy, traditionally heavily reliant on oil revenues. The establishment of this council is designed to encourage private sector participation in economic activities.
A New Dawn for the Iraqi Economy
The imminent formation of the council signals the government’s intent to create a more conducive environment for business in Iraq. It is an attempt to attract investment, generate employment opportunities and, in the long run, contribute to the overall development and prosperity of the nation. This move could mark a new dawn for the Iraqi economy, steering it away from its dependency on oil and towards a more diversified economic structure.
Encouraging Private Sector Participation
The initiative to form a permanent council for the development of the private sector is indicative of the government’s recognition of the crucial role that this sector can play in the country’s economy. By encouraging private sector participation, the government is not only looking to diversify its economic activities but also to create a more balanced and resilient economic structure. This initiative will not only benefit the private sector but will also have a far-reaching impact on Iraq’s socio-economic landscape.
Charting a Course towards Prosperity
The formation of the council is expected to catalyze the growth of the private sector, creating a ripple effect that will lead to increased investment, job creation, and economic growth. This move is a clear indication of Iraq’s strategic effort to chart a course towards prosperity and development, leveraging the potential of the private sector. With this initiative, Iraq is poised to redefine its economic narrative, ushering in a new era of growth and development.
CIA Director’s Stern Warning to Iraq: Consequences of Inaction Against Attacks
In a rather stern move, the Director of the CIA, William Burns, has issued a resolute warning to Iraq’s Prime Minister, Mohammed Shia al Sudani. Burns stresses the harsh consequences that Iraq could face if it fails to halt attacks on U.S. military facilities perpetrated by Iran-backed factions. These assaults, largely retaliatory measures against Washington’s support of Israel and its military presence in Iraq and Syria, have heightened tensions in the region. This warning underscores the U.S. government’s persistence for Iraqi intervention to prevent further attacks on its interests.
Condemnation and Calls for More Action
Prime Minister Al Sudani has openly criticized these attacks and U.S. counter-strikes, labeling them as violations of Iraq’s sovereignty. However, the United States insists that Iraq must take more decisive action to prevent such incidents. The U.S. stance is clear: Iraq’s inaction or insufficient action could risk its security and strain its relationship with the United States, potentially leading to severe repercussions.
Extension of Sanctions Waiver Amid Criticism
In a strategic move, the U.S. has extended Iraq’s sanctions waiver by four months, allowing Baghdad to continue purchasing Iranian electricity. This decision, however, has not been without its critics. Some proponents of a hardline stance against Iran in Washington argue that this waiver would inadvertently boost revenue for Tehran, even as its proxies continue to wage war against Israel.
Stakes for Iraq and U.S. Relations
This development underscores the seriousness of the situation and the U.S. government’s insistence on the Iraqi government’s role in safeguarding its forces stationed in Iraq. The diplomatic tightrope that Iraq must walk is fraught with danger. On the one hand, it must maintain its relationship with the U.S. On the other hand, it must navigate a complex web of regional alliances and conflicts. The coming months will bear witness to how well Iraq can balance these competing interests.
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: Good morning to everyone here, this morning
Member: Hope everyone has a great day today! only 3 weeks left until 2024, let's see what transpires...
Member: Have whales been paid?
MZ: There is a whole lot of rumors out there…but whales have not been paid. A number of groups have been funded and are positioned….but they have not distributed funds yet.
Member: "Funded and Positioned" is huge! It is not the same as liquid, but let's acknowledge it is something to acknowledge and celebrate..
Member: A sudden week off from school in Iraq. Starting on 12/13/23 and ending 12/20/23.. This was out of the blue from the government of Iraq. This was in my inbox this morning.
MZ: I had not seen that yet but it would sure fit with all the timing I am hearing. Lots of focus on the 13th-17th.
Member: From Frank26: There is no more guessing… The World Bank has just told the whole world Iraq is about to raise the value of its currency!
Member: Seems the boards are saying Reno and Zurich are either released or in the process
MZ: My bond and group side is very quiet right now. That’s to be expected on Monday mornings.
Member: Nader is saying not until January.
MZ: That’s only 3 weeks away…..I could live with that if it’s accurate. But I am hearing the push is to be well underway by then. I’m hearing they still want money moving by Christmas. But nobody knows the timing……
Member: Dinar recaps article reported 35 TRILLION Dinars missing from government accounting . Could that be why hold up?
Member: Mark it is looking like Operation Sandman by all these countries de-dollaration
Member: What is operation Sandman?
Member: It’s a rumor that over 100 countries agree to dump the US dollar at the same time to crash the old system.
MZ: There is a lot going on in BRICS right now. De-dollarization all over shows just where we are headed. There is a mad dash to de-dollarize by the first of the year….by nearly all countries involved …which is unusual. They all seem to be on the same time schedule which is very interesting.
MZ: “India makes huge announcement about Pakistan joining BRICS” Pakistan really wants in BRICS and india holds the deciding vote. Will be interesting to watch.
MZ: Announcement from BRICS “ $2 Billion in copper trade to be paid in Chinese Yuan-ditching the US Dollar” This is another big story which is part of the “de-dollarization” and possible collapse of the SWIFT system.
MZ: “Argentina limits bank ‘s dollar holdings as devaluation looms”
MZ: “BRICS: Putin says western banking dominance will end” This is from when Putin was traveling abroad in Saudi Arabia. He says BRICS are rushing in a new era by replacing the fiat system with a new world order.
Member: The US is being a bully in the world and it is time the bully gets knocked off their pedestal.
Member: I heard fiat starts to crash –Dec 15th… Ariel said banks go down 15th
Member: You may be right about that. All sorts of posts talking about December 19th and around that time as being incredibly significant.
Member: I wonder if a country can revalue asset backed if it is not part of BRICS yet?
Member: So how many Dinarians are here in the US?
Member: I believe that less than 1% of the people in the U.S. know about the RV and Nesara and the QFS.
Member: Any idea who our notification emails will come from? Will it be specific banks, or something more generic?
Member: The dinar sites like Dinar Recaps and Chronicles will send out exchange instruction emails to their subscribers…..They should also post the information at their sites that anyone can go read….Also Mark, Bruce, Frank, TNT ect….will be posting all about it….you will not miss it.
Member: Why is it called an RV?
MZ: RV is short for Re-Valuation of currencies…..
Member: I wonder if we will we be able to exchange our fiat dollars for rainbow gold backed currency at the redemption centers?????????????????
MZ: I am told no. They are only interested in redeeming foreign currency at the exchange appointments. They do not want to deal with large amounts of cash at our appointments for security reasons. But you can exchange fiat for new currency at any bank….or go out and spend it during this period they give us…..I heard we will have 90 days to 6 months in which to change out our old fiat currency for asset backed….
Member: Any bank stories today?
MZ: I forgot to give one I have…remind me tonight.
Member: Will do, we love the bank stories!!
Member: Time for talk is over, it's time for ACTION!!
Member: I heard 13 years ago that it would be crazy at the end. I never thought it would be this bad.
Member: Everything is distractions. It is designed to keep us at a lower frequency. Focus on positivity and good things.
Member: I had a dream that the RV has happened, med beds are released, humanitarian projects have begun and I was sharing funds. wonderful dream
Member: 12:12 NEW MOON PORTAL OPENING TOMORROW, OPENS 2 DAYS BEFORE, DURING AND 2 DAYS AFTER...TIME TO MANIFEST!!
Member: Mark Z and mods….thank you for all you do for this community.
“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
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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!
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.
Iraqi Prime Minister Transfers Strategic Projects to Private Sector
During a recent visit to the province of Baghdad, Prime Minister Mohammed Shia al-Sudani conducted an extensive review of the operational plan for various service projects being implemented in the region. The strategic focus of these projects is the improvement of the region’s infrastructure and public services, with a particular emphasis on sanitation and environmental conditions.
Transferring Sewage Projects to the Private Sector
Among the reviewed projects, four strategic sewage projects on the outskirts of Baghdad were identified for transfer to private sector companies. This landmark decision by the Prime Minister is expected to expedite the completion of these projects, thereby enhancing the quality of life for residents in the affected areas. The transfer signals the government’s commitment to leveraging private sector efficiency and expertise in the delivery of public services.
Aligning with Government Efforts
The decision to transfer these projects aligns with the government’s broader strategy to improve the quality of life for Iraqi citizens. By focusing on enhancing sanitation and environmental conditions, the government is demonstrating its commitment to creating a healthier and more sustainable living environment for its people. This move is particularly significant given the ongoing political challenges in the country as it seeks to establish a stable and progressive governance structure.
Implications for the Future
The transfer of these strategic projects to the private sector is a clear indication of the government’s strategic direction towards public-private collaboration in infrastructure development. It is a testament to the recognition of the role of private sector companies in driving development and delivering efficient services. This decision could potentially set a precedent for similar projects in the future, paving the way for a more robust and dynamic infrastructure development landscape in Iraq.
