Tuesday, January 23, 2024

Coffee with MarkZ. 01/23/2024

PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain podcast is mainly about politics and social opinions or any political –type picture posted on Marks videos I will not do any notes. So if there are no notes transcribed…that may be the reason

Tuesday News with MarkZ 

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 Tuesday Morning

Member: Sure hope Mark has good news today. 

Member: Today could be very interesting for banks who aren't Basel 3 compliant.

Member: For the Basel 3 - does the bank as a company have to be compliant or each branch?

MZ: Overall the parent bank needs to be Basel 3 compliant …not each individual bank branch….as I understand it. Its one corporate entity. 

Member: Do private banks need to be Basel 3 compliant?

MZ: Yes- if they have a banking license they will have to be Basel 3 compliant. 

Member: Is tomorrow the big day?

MZ: We will see soon. 

MZ: On the bond side and the church groups….nobody has money yet. Bond folks are still on hold in Zurich. They have not received their 1% payout as they expected…yet. 

MZ: I do know of some church groups that were hit with an NDA. But I do know they do not have dollars yet. It could some of them were sharing their updates with others…so they are now under NDA’s to be quiet?

Member: If its going to be a shotgun start…I still think they get dollars when we are allowed to make appointments…..everything goes at once.

I found this one interesting: “ Rafidain Bank announces a third series of reconstruction bonds” for amounts of $500 thousand dinar and $1 million dinar. With annual interest rates of 6% and 2 % for 2 and 4 years. Pretty great interest rates. Paid every 6 months. Its only available to Iraqi citizens or I would already be investing.

MZ: “As China stocks crash, Beijing proposes multi trillion market rescue package”  The implosion continues.  China is becoming desperate for a reset. Many protests and riots over there. 

Member: People are desperate for a reset everywhere. 

MZ: From Peter Schiff: “The dark ages for US housing and manufacturing”  This is normal just before a crash. Certain markets will do well and others will take it on the chin. That is exactly what we are seeing now. Similar to what we were seeing in 2007 and 2008. 

MZ: A good one from MilitiaMan late last night: They are doing a fine job and everyone should go an listen and support them. He gives real world examples on what Iraq is doing so they can change their value. . 

Member: Mark, what happens to the currency we turn in at redemption. Is it destroyed or turned back into its country.

Member: I heard at one time it gets turned into the US treasury…..then sent back to the country….

Member: I believe the Iraqi dinar has to come back where it went out at. $3.22. And the VND has to come back to $2.27. According to the IMF? 

MZ: If you correct the VND back to its old value it would be about $2.21 to $2.30….depending how they just for inflation…but, yeah. This is why I believe certain values will make more sense. These follow historic norms for revaluations. . 

Member: We can live with those rates…that would be amazing…..they just need to do it. 

Member: Mark would you please explain Tier 1,2,3,4a,4b please?

Member:  There are allegedly 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public.

Member:  I heard a rumor that everything in the first basket would go on a float before the real rate gets locked in 

Member: I am getting a lot of emails from banks wanting to be my banking and financial services. That is encouraging. 

Member:  Thanks Mark and Mods for all you do

Member: So many are blessed by knowing it will happen.. Think about those that are struggling that do not know anything.. and are still watching Main Stream Media...

Member:  We are one day closer to our breakthrough. Thank you, MarkZ, for keeping us informed of the current news and events . God bless you all.

THE INFO IN THIS PODCAST IS FOR GENERAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN THE GROUP 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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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

THANK YOU ALL FOR JOINING. HAVE A BLESSED DAY ! SEE YOU ALL TONIGHT @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

BRICS bank to release bonds in local currencies, 23 JAN

 BRICS bank to release bonds in local currencies

BRICS, a bloc of leading emerging markets, is preparing to launch new bonds in global markets, which will be available in local currencies rather than in the US dollar.

NEWSROOM
JANUARY 21, 2024 – MODERN DIPLOMACY

BRICS, a bloc of leading emerging markets, is preparing to launch new bonds in global markets, which will be available in local currencies rather than in the US dollar.

The BRICS bank, known as the New Development Bank (NDB), will soon release the bonds called ‘Maharaja Bonds’ worth $28 billion, IRNA reported on Sunday citing a press release by Watcher Guru, a website introducing itself as a leading source for finance focusing on cryptocurrency.

Watcher Guru did not specify the exact date the bonds will be released but said that NDB Chief Operating Officer Vladimir Kazbekov has announced that the bank is waiting for approvals from regulatory authorities.

The new bonds, according to the website, will be made available for governments, financial institutions, and regular investors.

They will be available for purchase in local currencies in an effort to strengthen them and to help boost their respective economies.

The plan to release the bonds is part of BRICS’s initiatives for de-dollarization as the alliance is moving ahead to reduce dependency on the American currency in an effort to reform the global economy.

BRICS is comprised of Brazil, China, Russia, India, and South Africa as well as six new members namely Iran, Saudi Arabia, the UAE, Egypt, Argentina, and Ethiopia.

BRICS leaders, at their latest summit in late 2023, pledged to promote the use of local currencies as a way to ditch the US dollar, as they unanimously rejected exploiting the global economy for political purposes.


How long it will take each stage for Iraq to become member of WTO 01/22/24 BY PIMPY

From the dollar currency. Iraqi Central Bank freezes accounts of “Fly Baghdad”, 23 JAN

From the dollar currency. Iraqi Central Bank freezes accounts of “Fly Baghdad”

Economy News – Baghdad

A source revealed, on Tuesday (January 23, 2024), that the Central Bank of Iraq has frozen the accounts of “Any Baghdad” in 3 major banks, from the dollar currency.

The source told “Economy News” that “the Iraqi Central Bank has frozen the accounts of Fly Baghdad Aviation in three major banks in response to US Treasury sanctions.”

On Monday, US Ambassador to Baghdad Alina Romanoski described Iran’s use of an Iraqi airline to smuggle weapons and the dollar as a flagrant violation of Iraq’s sovereignty.

This is a comment on the US Treasury’s decision to impose sanctions on Fly Baghdad and 3 other figures.

“Digital Assets Set to Disrupt Dollar Dominance” BY GOLDILOCKS, 23 JAN

 Goldilocks and Seeds of Wisdom

“Digital Assets Set to Disrupt Dollar Dominance”

Bitcoin, the growth of Stablecoins, and Central Bank Digital Currencies are expected to chip at the dollar dominance this year.

These disruptions will cause a recalculation and a refactoring of the dollar value in relation to other currencies around the world.

Price pressures on these new assets will begin to formulate new patterns and support levels for these new assets, and this is when you start to see the markets begin to price in new valuations.

We will be monitoring these changes as they take place.

© Goldilocks

https://www.cryptotimes.io/digital-assets-set-to-disrupt-dollar-dominance/

🔥Iraqi Dinar🔥Rate Will Be $3.22🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

The Iraqi Government Is Developing A Plan To Activate Non-Oil Resources, 23 JAN

 The Iraqi Government Is Developing A Plan To Activate Non-Oil Resources

 January 22, 2024Last updated: January 22, 2024  The Independent/- The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed today, Monday, the contents of the government’s vision to activate non-oil resources in Iraq, stressing that the Prime Minister will be the basic nucleus of the strategic partnership between the state and the private sector.

Saleh said, in a statement to the official agency and its independent affiliate, that

“Prime Minister Muhammad Shiaa Al-Sudani’s presidency of the Private Sector Council will be the basic nucleus for launching the principle of strategic partnership between the state and the private sector,  with the aim of activating the country’s human and material resources and on foundations that serve the renaissance of Iraq.”

In diversifying its sources of national income, whether in modern agriculture,  manufacturing industries, or  other non-oil natural resources,

which will be supported by important legislation under the name (Economic Reform Law), which has made its way to the House of Representatives.”

He added, “The national strategic objectives for the development of the private sector, whose paths will be launched from the decisions of the Private Sector Council soon, have taken into account the contribution of the national market to the gross domestic product to more than 55% of the composition of the country’s national income in the coming years, instead of its current percentage, which is By about 37%.”

He pointed out, “This will be achieved through the state’s support for investment in private sector projects themselves, especially those that operate jobs and generate value-added chains on a large scale, as well as the  launch of partnership projects in manufacturing industries, in addition to the

state’s financial support for them with sovereign guarantees that are consistent with Iraq’s entry into the industrial age.”

“Modern digital technology, in accordance with the requirements and principles of accelerating economic growth, is a strategy that will be included in the national development plan for the next five years.”

The importance of partnership between the state and the private sector

The partnership between the state and the private sector is one of the most important pillars of economic development in any country, as it enables the state to benefit from the resources and expertise available in the private sector, and it also helps the private sector access the markets and financial resources it needs.

In the case of Iraq, the partnership between the state and the private sector is necessary to diversify sources of national income and achieve sustainable economic growth. As Iraq relies heavily on oil as a source of income, which makes it vulnerable to external risks, such as oil price fluctuations.

Through this partnership, the Iraqi government aims to achieve the following goals:

    Increasing the private sector's contribution to the gross domestic product.

    Providing job opportunities and improving the standard of living for citizens.

    Promoting sustainable economic development.

Axes of partnership between the state and the private sector

The partnership between the state and the private sector in Iraq focuses on the following areas:

    Modern agriculture: through state support for agricultural projects, such as irrigation and smart agriculture projects.

    Transforming industries: through state support for industrial projects, such as food industry projects and pharmaceutical industries.

    Other non-oil natural resources: through state support for projects that exploit natural resources other than oil, such as renewable energy projects and tourism projects.

Economic Reform Law

The Economic Reform Law is one of the most important pieces of legislation that supports the partnership between the state and the private sector in Iraq. This law aims to provide the necessary legal and regulatory environment to promote investment in Iraq.

The Economic Reform Law includes a set of measures that are in the interest of the private sector, such as:

    Facilitating investment procedures.

    Protecting investors' rights.

    Providing financial and institutional support for investment projects.

Expectations

The partnership between the state and the private sector in Iraq is expected to achieve a set of positive results, such as:

     Increase investments in Iraq.

    Creating new job opportunities.

    Promoting sustainable economic growth.

 But to achieve these results, the Iraqi government must develop a clear strategy for partnership between the state and the private sector, and provide the legal and regulatory environment necessary for the success of this partnership.  https://mustaqila.com/الحكومة-العراقية-تضع-خطة-لتفعيل-الموا/