A Representative Accuses America Of Standing In The Way Of The Growing Iraqi Economy
Information / Baghdad.. Today, Wednesday, the representative of the State of Law coalition, Muhammad Al-Shammari, accused the United States of America of obstructing Iraq’s economic openness to international countries.
Al-Shammari told Al-Maalouma, “The United States of America stands as a stumbling block in the way of Iraqi economic growth, through its interventions that obstructed arming the Iraqi army, controlling oil imports through the US Federal Reserve, obstructing reconstruction, and concluding contracts with reputable international companies.”
He pointed out that "America contributed greatly to preventing the arrival of reputable international companies to Iraq." LINK
The amount of construction and all those things that we've talked about are not going to be affordable at 1310.
They specifically did a tripartite budget which they haven't totally exposed yet...But notice the things they have done. They were in the UN assembly... Davos...Munich and they were doing deals behind closed doors with all these different countries of the world...Middle East, United States, Great Britain and on and on and on...
Are they going to be doing this to stay where they were before or are they going back to a previous era? 1169, 1182, 1460, 1310, they never went international with those rate...
Article: "Government advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Is this the major announcement or a lead into one, that Salih told us about? If it isn't an announcement it surely is a good lead into one...Awesome news indeed.. International ships arriving, partnering with the private sector, integration with the global economy, compliance with with international standards. Surely we can all see the writing on the wall.. Yep.. Powerful.. imo
One of the things that's important is what we didn't have in the past was banks talking to us at the length that they are now...
Article quote "...Iraq will return to being a strong economic player." If they're not a strong economic player at 1310 why would they be tomorrow? ...Iraq's not going to go international until they show us a Real Effective Exchange Rate. I'm looking forward to it. I think it's going to be powerful.
[Mr. IT Guy Bank Story]
My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back.
MILITIA MAN: My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals.
My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took it upon himself to call the branch yesterday. He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.
The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in after the revalue..
As soon as it hits Forex he's going to start making phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for those customs that are planning on leaving the establishment with large sums of cash...
MILITIA MAN: ...Is it a coincidence that this expert came out tonight and talked about deletion of the zeros? We're going to find out. It's pretty interesting stuff.
The 2024 Budget Has Not Yet Been Implemented Because The Ministry Of Finance Has Not Completed The Schedules
February 21, 2024 Baghdad/Al-Masala Al-Hadath: In light of the difficult economic conditions facing Iraq, the importance of transparency and the right to access information emerges as essential tools in combating corruption and gaining citizens’ trust in the state.
Obtaining accurate information about the budget preparation process and spending details is a basic condition for achieving this goal.
However, government work in Iraq suffers from a lack of transparency and clarity in the budget preparation process. Although a long period of time has passed since the beginning of 2024, the year’s budget has not yet been implemented, due to the Ministry of Finance not completing the necessary schedules and the lack of clarity on the reasons for restricting disbursement to salaries and not other items, despite the abundance of available financial funds.
These conditions are considered an indicator of a lack of transparency in the budget preparation process, which increases ambiguity and creates mistrust between citizens and government authorities.
The budget preparation process must be open and transparent, with relevant documents and information provided to citizens and interested parties, in order to ensure everyone understands the priorities and financial details.
Analyzes indicate that the Iraqi government must enhance transparency, provide full access to information about the budget preparation process, clarify the reasons and justifications behind spending decisions, and determine financial priorities.
Complete transparency contributes to building confidence between the government and citizens, and enhances legitimacy and political and economic stability in Iraq.
Iraqi politician Raed Fahmi said that transparency and the right to access information are conditions for preventing corruption and gaining citizen confidence in the state. These two conditions are not met in the process of preparing the budget and identifying its items and spending.
He added: The 2024 budget has not been implemented yet because the Ministry of Finance has not completed the schedules, and ambiguity surrounds the reasons for limiting disbursement to salaries and nothing else, despite the financial abundance. https://almasalah.com/archives/83346
IMPORTANCE OF THE PROTOCOL 20 FOR LET RUN THE TRANSFERS
Tues. 20 Feb. Banker “Well folks, preparation is the key to success so after news of Protocol 20 being approved keep your phones charged and your email close. Word is trickling in that ATMs are being loaded with the new rainbow currency and then being placed out of service until all machines are loaded.
…According to some sources, Bond Holder payments begin to be processing tomorrow Wed. 21 Feb. …I was on a call that was most positive and is affirming we stand at the threshold of scheduling/ exchanging currencies. They do not have rates or exactly when the announcement will be made but it could be as early as the next couple of days.
Tues. 20 Feb. Wolverine
“The QFS is connected to 108 banks, is active in 14 countries and the platforms are already to allow transfers. We are ready. God bless.
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
Coffee with MarkZ and Andy Schectman. 02/21/2024
Member: Is anybody very frustrated with how “close” we really are but nothing actually happens
Member: Been frustrated for 18 years….but this time it really does feel like it could happen at any time!
Member: Hey Guys , Lets pray for this RV to start today!!!!
MZ: A hodgepodge of news today. On the bond side….I had one from one of the biggest bond groups out there check in and told me they have not had an update from about 2 weeks now and they are not under an NDA. So some are going and some are not? Maybe it has to do with whatever bank or paymasters is handling the transactions?
MZ: It is odd why certain groups are cracking down on information and some are not? I continue to hear from some that they can no longer talk. And that is more and more prevalent. One particular church group has gone dead silent.
Member: It is intentional how else can they blur the timeframe
MZ: “Egypt moves to ditch the US dollar in trade” We continue to see the methodical progression of BRICS.
MZ: “ Protocol 20 codes, QFS, BRICS nations, Gesara and the power shift in global finance” Interesting article from AMG.
MZ: “Gold, Copper to get largest immediate boost from Fed easing, Goldman Sacs says” We are looking for metals to continue to grow.
Member: I heard that Vietnam started their currency reform on 6/23…Do you think they are almost done?
MZ: I know they are making good progress and have talked about the need to raise their currency. Our US state dept. said a year and a half ago that they need to adjust their currency up.
This morning a PNC Hawthorn rep messaged me to call him to discuss their investment platform. I had spoken in person to a Senior VP about 6 months ago. Hope it is because they know it's close.
Member: If bonds are getting paid. How long to get to 4b ?
Member: That is the big question we all want to know.
Member: Mark, thank you for your service to this podcast. You are the hardest working person along with MM that I listen to.
Member: Thank you Andy! Thank you, Mark!! Have a great day, Everyone!
Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information and opinions
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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.