Developing the market for the banking sector is huge because look, the ISX shows that their index has been up about 52% in 2023...Why is that if Iraq is just status quo and it's just blah...? It's not.
Once they...get the parallel price to say 1320, 1310 as apposed from 1560...they'll adjust and finish the project to delete the zeros. Remember, it's not off the currency, it's off the exchange rate of the currency. There is a difference. A lot of people are still hung up on that...
Article: "URGENT: The Baghdad Stock Exchange operates on the “NASDAQ” system, and foreigners and banks have become more investors" This is a very good sign that Iraq is opening to the world...
Take notice of what they say about what currency the shares will be denominated in.. The Iraqi dinar. Take even more notice that they are telling the world that the shares will be affected by the exchange rate. With the expectation of a rate change to be stronger than the dollar one could imagine the impact that is already having and how much more growth there will be. This is a very good sign of things to come. I am so ready.
The Central Bank of Iraq is giving out instructions for what they're doing and how they're doing it...I think you should be pretty excited because I know I am...
Shafaq News / The head of the parliamentary “design” bloc, Amer Al-Fayez, revealed on Tuesday that the Presidency of the House of Representatives set next Saturday, January 13, the date for the first session of its new legislative term.
In a private statement to Shafaq News, Al-Fayez said that the first paragraph of the session on Saturday includes the election of a new chairman of the council to succeed the article by the Federal Supreme Court, Mohammed Al-Halbousi.
He added that the meeting of the Presidency of the House of Representatives with the heads of political blocs was postponed from this evening to next Saturday, noting that the meeting will be held for the purpose of determining the date of other sessions, and discussing, reading and approving laws in the new legislative term.
The electronic platforms are being established through Visa and MasterCard for the citizens of Iraq in order to be able to transfer money in and out of their country because the float is about to start. The dollar is going down and the dinar is going up. Today you saw a third change 135,000 to 100 USD. It's going in the right direction and it's moving fast.. .
The floor of the CBI is really spotless, spotless enough to bring forth the new exchange rate, the lower denominations to the Iraqi citizens without fear...
[Hypothetical bank interaction] I went to Chase Bank and they told me it's a scam. Remember [FireFly boot on the ground in Iraq] tells us JPMorgan is building 10 more banks [In Iraq]. So tell them when they say it's a scam - you are really ignorant. Don't you know about those 10 banks they're building right now?
No. Hey, did you know know JPMorganwill support the Iraqi dinar 100% and that's direct from the CEO Mr. Jamie Dimon...Did you know the US Treasury has millions of dinars in its foreign reserve? Scam huh?...Did you know as of January 1, 2024 there won't be a single American dollar used in Iraq any longer and only the Iraqi dinar which means it's going to have value? ...How in the world do you not know these facts about your bank? Or are you lying..
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
Mod: HELLO EVERYONE! HOPE YOU ALL HAD A GOOD DAY!
Member: The will to win, the desire to succeed, the urge to reach your full potential… these are the keys that will unlock the door to personal excellence. ― Confucius
Member: Any RV news today at all?
MZ: There are a lot of folks looking squarely at today through the 14th-15th.
MZ: My bond contact does not have liquidity yet. We are hearing it could be at any moment but it has not occurred yet. I am hopeful they soon have liquidity but it has not occurred yet. But, we are very much sitting at the edge of our seats….again.
(Mr. Cottrell Calls Mark)
MZ: Mr. C had a conversation with Sheila (CMKX and currency contact) after the podcast today. Then they wiped all his electronics, computers , phones went down. He is just now getting everything back so he can return calls and everything. He had a massive tech shut down today…it all went down for hours.…. and that is always very interesting when this happens.
MZ: It wasn’t a power outage…it was a tech outage.
Member: Maybe that means we are close.
Member: I heard a rumor this could go on until March
MZ: I hear those rumors as well…..Can it go on until March…sure….but, do I think it will go that far-heck no. But nobody knows the timing.
Member: What is your gut saying?
MZ: My gut is messed up….i totally see the underlying funding channels….and economics…then they come up with some way to mess it up…..but my gut is screaming that maybe my sources are right this time and to look between the 9th and 15th. But I wouldn’t count on it….keep doing what you need to do to survive. Nobody knows the real date.
Member: I have a small bank story…Friday I was at my credit Union ..the woman there told me –btw this week and next week we are letting our customers know we now offer wealth management services.
MZ: “Getting Vietnam off the money laundering Gray list” This dropped today out of the UK…the UK seems worried that someone may filter money through Vietnam. And artificially lower their rates to take advantage of trade imbalances. Europe and the US believe Vietnam should have a higher currency rate. What does this tell you? That your investment with Vietnamese currency should be worth more money than it is.
Member: This makes me pissed off we are all still waiting. …….wish it would just go
MZ: Let them know how you feel….we are watched…by the NSA, white hats, black hats, purple hats….we are all watched. Do not hesitate to tell them how you feel. Tell them how upset you are. I know I am upset and salty this is taking so long. But, I do feel like we are close to it being over.
Member: It’s very hard to keep fighting the good fight. We are all exhausted…but thanks for your encouragement Mark.
Member: Be not discouraged this will all end real soon
Member: Good night everyone, W-Hats please move the story line to the last chapter.
Member: Thank You Mark for all you do for us, please don't think it isn't appreciated.
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Shafaq News: The head of the Kurdistan Regional Government, Masrour Barzani, on Tuesday called for the continuation of the international coalition forces to continue their tasks in order to help the Iraqi army and the Peshmerga forces in the fight against terrorism.
Barzani said in a statement to Shafaq News that “we received today, the commander-in-chief of the coalition forces in Iraq and Syria, General Joel Fowell, and his accompanying delegation.
“At the meeting, which was attended by the US Consul General to the region, Mark Straw, we exchanged views on the latest developments and developments in the Kurdistan Region, Iraq and Syria,” Barzani added.
He pointed out that “the main axis of the meeting included emphasizing the importance of protecting security and stability in Iraq and the Kurdistan region, and stressing the need for the international coalition forces to continue their tasks in order to help the Iraqi army and the Peshmerga forces in combating terrorism, and ensuring security and stability.”
He continued: “We also discussed in the meeting the importance of moving forward in supporting reforms for the joints of the Peshmerga Ministry, and accelerating the steps of unifying its forces under the umbrella of the ministry.”
