Thursday, February 22, 2024

Iraq's Leap into Digital Transformation: A Collaboration with Visa Paves the Way, 22 FEB

 Iraq's Leap into Digital Transformation: A Collaboration with Visa Paves the Way

In a bold stride toward modernization, Iraq's Prime Minister, Mohammed Shia Al-Sudani, has pledged to prioritize economic and banking reforms, spotlighting a recent collaboration with Visa that aims to revolutionize the nation's payment landscape. Amidst a backdrop of ongoing economic challenges, this partnership could herald a new era of prosperity and financial inclusion for the Iraqi people.

Seizing the Digital Future

During a notable meeting with Visa's regional president for the CEMEA region, Andrew Torre, Al-Sudani expressed his government's dedication to enhancing electronic payment technology and digital transformation within Iraq. The Prime Minister took pride in the government's recent nod to the electronic payment system, a move that is set to redefine the Iraqi economy. Visa's role in this transformation has been pivotal, not just in expanding electronic payment technology but also in empowering Iraqi workers through comprehensive training in the electronic payment ecosystem.

Visa's Commitment to Iraq's Economic Reform

On his part, Torre conveyed Visa's enthusiasm for bolstering Iraq's economic reform efforts. Visa's commitment to introducing advanced payment solutions and technologies, sharing expertise, and generating employment opportunities for Iraqis is unwavering. One of the most ambitious goals is the establishment of 500,000 acceptance points for electronic payments across the country, a leap that could significantly enhance the ease of doing business and consumer convenience in Iraq. The collaboration with the Central Bank of Iraq and the broader banking sector is seen as a cornerstone of this initiative.

Challenges and Opportunities Ahead

Despite the clear benefits of moving towards a digital economy, the transition poses challenges, especially for a segment of the Iraqi workforce. The phasing out of cash transactions threatens the livelihood of workers like Ali, who relies on tips for a significant portion of his income. Experts, however, argue that the benefits of electronic payments, including reduced corruption and enhanced efficiency, far outweigh these concerns. The shift to electronic payments is not just about convenience but also about creating a more transparent and accountable financial system in Iraq.

The collaboration between Iraq and Visa marks a significant milestone in the country's journey towards economic modernization and digital inclusion. While challenges remain, the potential for positive change is immense, promising a future where financial empowerment and innovation pave the way for prosperity.

"ANALYSIS OF IRAQ NEWS: Iraqi Government and Visa forge alliance for digital payment advancements" BY FREEDOM FIGHTER, 22 FEB

 FREEDOM FIGHTER

VISA has been in Iraq for a while but now they are connected to the Central Bank of Iraq and the entire Iraqi banking system 


🟢Also they are training staff and citizens on electronic banking 


🔰This is a part of Iraqs economic reforms 


https://shafaq.com/en/Economy/Iraqi-Government-and-Visa-forge-alliance-for-digital-payment-advancements

Iraqi Government and Visa forge alliance for digital payment advancements

 Shafaq News/ On Thursday, Iraqi Prime Minister Mohammed Shia Al-Sudani expressed the government's commitment to economic and banking reform as a top priority.

Al-Sudani's media office said that the prime minister received Andrew Torre, Visa's regional president for the CEMEA region when he commended the collaboration with Visa in advancing electronic payment technology and digital transformation.

Al-Sudani emphasized the government's dedication to economic and banking reform, noting the recent approval of the electronic payment system by the Council of Ministers.

Furthermore, he praised the company's role in expanding electronic payment technology and contributing to the education of Iraqi workers involved in the electronic payment process.

On behalf of Visa, Torre expressed the company's eagerness to continue collaborating with the Central Bank of Iraq and all entities within the Iraqi banking sector, highlighting Visa's commitment to supporting Iraq's government plans for electronic payment and economic reform.

In addition, Visa's regional president pledged to introduce advanced solutions and technologies to the market, offering expertise and increasing employment opportunities for Iraqis at Visa's Baghdad office to establish 500,000 acceptance points for electronic payment across Iraq.

"IRAQ'S ECONOMIC BUDGET 1310 FACTORS INTERNATIONALLY APPROVED AND EXCHAN...

America will stop maintaining Iraqi tanks and aircraft… a warning from the Security and Defense Committee, 22 FEB

 America will stop maintaining Iraqi tanks and aircraft… a warning from the Security and Defense Committee

America will stop maintaining Iraqi tanks and aircraft... a warning from the Security and Defense CommitteeBaghdad – 964
A member of the Parliamentary Security and Defense Committee, Yasser Watut, said that the United States will stop supplying Iraq with military equipment, and will freeze maintenance operations and maintenance training courses for aircraft, tanks, and others, to put pressure on Baghdad in the issue of removing foreign forces, while he pointed out that Washington over the past years has obstructed the army’s efforts. He called on the Iraqi government to diversify its sources of weapons and arsenal, calling on the government to put pressure on the United States to prevent it from “blackmailing Iraq” in this file.
Watout confirmed, in a statement to Al-Arabi Al-Jadeed, followed by the 964 network , that “the most prominent file of current American pressure on Baghdad regarding the issue of removing foreign forces is armament,” as the file is “sensitive to Iraq, and America realizes our need for its various weapons and equipment.”
Wattut points out that, “Over the past years, Washington has obstructed the Iraqi army’s efforts to diversify its sources of weapons and its main arsenal, and there have been attempts to diversify to avoid falling under this pressure.”
He says, “The United States was intervening to prevent the completion of these deals with Eastern and European countries, so that this file would remain confined to its control and it would press through it with many files, and today it is exploiting it in dialogues with the Iraqi government in order to end the presence of its forces.”
He warns that “the United States will stop supplying Iraq with military equipment, and will freeze maintenance operations and maintenance training courses for aircraft, tanks, etc., which will render the weapons ineffective in a short period.”
He believes, therefore, that “the Iraqi government must put pressure on America to continue military interaction in accordance with the agreements signed between the two parties, and keep this file away from blackmail and threats.”
V

Evening News with MarkZ. 02/22/2024

Thursday Evening 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 Thursday Evening……hope everyone had a good day

Member: Hey MarkZ…..I don’t know about anybody else but I could use a little encouragement about the RV!! Please

Member: Maybe Mark not telling any RV news is good….maybe things are about to pop?

Member: Frank says watch between the 26th through the 29th of Feb

MZ: This one is 2 days old but: “The Sudanese received an official letter from America regarding the scheduling of the end of the tasks for the international coalition”  We believe this is the final step for Iraq to become fully sovereign and increase the rate of the dinar. They didn’t give a date but imply its sooner rather than later. 

MZ: “ Prime Minister Al Sudani received on Thursday (today) US Senator Christopher Coons and discussed with him a strategic framework agreement between the 2 countries and the end of the task of the international coalition according to a timetable. (Which they have not given us) 

MZ: “BRICS states to ditch USD in 95% of trade” A year ago this was a pipe dream-right? 95% of their trade this year was without the US dollar….This is a massive change on how money moves around the world. 

Member: When you turn off the noise of why nothing is happening, you hear God saying I’ve got this. And you know all is well..

Member: Good night and God Bless

SEE YOU ALL BACK TOMORROW MORNING. MR. C AND THE GURUS JOIN MARK! BYE ALL!

THE CONTENT IN THIS PODCAST IS FOR GENERAL&EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S 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.

TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

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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 NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

"WHAT SAYS FRANK26", 22 FEB

 Thursday February 22, 2024

Frank26: He says

* Frank26 just reported that 8 nations will join the World Trade Organization from February 26-29.

* Coins should have no restrictions to do this...

That is, without sanctions...

*Iraq is one of 8 nations, including Libya, Somalia, Algeria and the Lebanese Republic, that are ascending to the WTO...

* Iraq has teams of people on the streets advising people to use bank cards instead of dinars before the change.

Easier for everyone to buy and sell... easier for fulfillment...

* Iraq has said it will fix the international trade mechanism for trade on March 1. This has been available for more than a month now.

* On Monday Frank26 read us an article about the "Baghdad Dollar" going to collapse...

That's the US dollar according to him and Walking Stick, who he had live on the phone.

Frank26 is and has previously said he will: the "Baghdad dollar" is going to have a significant drop.

He hinted that the three zeros will disappear...

It means that very soon new lower bills of 1, 5, 10, 20, 50 and 100 will hit the streets

* Frank26 has previously said that the new lower denominations must match the new rate to be used.

* CBI is sending teams of people to sweep US dollars from streets and commercial places and advise people to use the new debit cards... They are doing this to ensure maximum benefit to the customers.

The CBI deputy governor highlighted the importance of the Islamic banking workshop to educate international banks...

*(Note) not from Frank... Under Sharia banking law, coins must be backed by gold.

------------

TRANSLATION SPANISH

Jueves 22 Febrero 2024

Frank26 : Dice
* Frank26 acaba de informar que 8 naciones ingresarán a la Organización Mundial del Comercio del 26 al 29 de febrero.
* Las monedas no deben tener restricciones para hacer esto...
Es decir, sin sanciones...
* Irak es una de las 8 naciones, incluidas Libia, Somalia, Argelia y la República Libanesa, que están ascendiendo a la OMC...
* Irak tiene equipos de personas en las calles que aconsejan a las personas que utilicen tarjetas bancarias en lugar de dinares antes del cambio.
Más fácil para todos comprar y vender... más fácil para el cumplimiento...
* Irak ha dicho que arreglará el mecanismo de comercio internacional para el comercio el 1 de marzo. Esto ya lleva más de un mes disponible.
* El lunes Frank26 nos leyó un artículo sobre que el "Dólar de Bagdad" se va a desplomar...
Ese es el dólar estadounidense según él y Walking Stick, a quien tenía en vivo por teléfono.
Frank26 lo es y ha dicho anteriormente que lo hará: el "dólar de Bagdad" va a tener una caída significativa.
Insinuó que los tres ceros desaparecerán...
Significa que muy pronto saldrán a la calle nuevos billetes inferiores de 1, 5, 10, 20, 50 y 100
* Frank26 ha dicho anteriormente que las nuevas denominaciones más bajas deben coincidir con la nueva tasa para poder usarse.
* CBI está enviando equipos de personas para barrer los dólares estadounidenses de las calles y lugares comerciales y aconsejar a las personas que utilicen las nuevas tarjetas de débito... Están haciendo esto para asegurar el máximo beneficio para los clientes.
El vicegobernador de CBI destacó la importancia del taller sobre banca islámica para educar a los bancos internacionales...
* (Nota) no de Frank... Según la ley bancaria Sharia, las monedas deben estar respaldadas por oro.

Never allow a man to tell you how big something is... in Iraq 02/22/24 BY PIMPY