Saturday, March 2, 2024

Weekend News with MarkZ 03/02/2024

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 2 MARCH

 Frank26  

[Iraq boots-on-the-ground report]  

 FIREFLY:  TV showing half a billion dinar recovered from a corrupt banking judiciary officer. 

  FRANK:  It just don't stop!  Good gosh almighty everybody steals out there.

 FRANK:    I sent you to your bank friend.  Your friend is going to be receiving machinery IMO that will help him identify the new lower notes they are going to give you.  They are also going to be sending in people who are experts in the process of exchanging currency.  In your case, three zero notes for lower notes...It's very obvious the next step for the CBI is for these people and this equipment to be used to give you the new exchange rate and lower notes.  It is approaching you with great confidence.  Be strong.  You're almost there.

Iraqi Dinar update for 03/01/24 - Best day of news for Iraq BY PIMPY

Biden and his deputy refuse to meet Masrour Barzani at the White House, 2 MARCH

 Biden and his deputy refuse to meet Masrour Barzani at the White House

An American website confirmed that the offices of the US President and Vice President refused to hold face-to-face meetings this week with the Prime Minister of the Iraqi Kurdistan region, Masrour Barzani.

 According to the Washington Free Beacon website, citing sources and former American officials who sought to hold these meetings, they expressed their concern that Biden and Harris would not give time to meet Barzani.

The website stated, “US Secretary of State Anthony Blinken pressured Masrour Barzani to work more closely with the Iraqi government to calm tensions.”

The website also quoted Michael Knights, an expert on Middle East affairs, close to the Kurdish leadership, residing in Erbil and a personal friend of Kurdistan Democratic Party member Hoshyar Zebari, as saying, “The White House refuses to meet with friends and partners of the United States from Kurdistan, but happily invites the Iraqi Prime Minister to the office.” Al-Baydawi,” adding, “It seems to many as if the United States cannot distinguish between friends and enemies.   link

"RV UPDATE" BY SANDY INGRAM, 2 MARCH

 Sandy Ingram

   US Department of State Website Article: "Secretary Antony J. Blinken and Kurdistan Regional Government Prime Minister Masrour Barzani Before Their Meeting The Iraqi Kurdistan prime minister has not been in Iraq at all for several days, but in Washington DC, meeting with Secretary Blinken.  They are discussing what went down in the first quarter of this year in Iraq

 Iraq and Turkey have an agreement where people and cargo can begin travel...up through Iraq...into Turkey and...into the Mediterranean Sea, which will allow...faster access to Europe.  This project is expected to increase Iraq's GDP, provide thousands and thousands of more jobs and kickstart Iraq's economy foundation outside of the oil industry. 

 The interest rate in Iraq averaged 6.17% from 2004 until 2024 reaching an all time high of  20% in December of 2007 and a record low of 4% in March of 2016.  6.17% is a high rate, yet they still are having trouble getting  the Iraqi people to put their money into the bank.  Iraq does have a bank deposit protection program similar to the US's FDIC. 

  [Dinar Guru NOTE:  For comparison the average US bank account  offers .47%.  You can find high yield savings accounts that offer  around 5%]    

 The problem for Iraqi dinar investors is no US banks and few banks worldwide will allow transactions using the Iraqi dinar.  

 Bankers turn their noses up when people ask about Iraqi dinar and this is one of the reasons the investment is called shady.

ANALYSIS OF IRAQ NEWS

 Iraq's tourism could easily increase to over 10 billion US dollars a year,  comparing it with Egypt's tourism. 

The problem for people in the United States is no bank in the US will do any transactions using the Iraqi dinar.  Until this changes we have to find other ways to pull our profit out of Iraq.  We can do this.  I found one way and will discuss it in a an upcoming [post]...   

 There is an organized effort in Iraq to never revalue or increase the value of the currency abasing the US dollar or to provide profits for people in the west...Between the different factions within Iraq, revaluing their currency, even when they can afford it, may not be on their agenda...

 Iraq is getting closer to a currency reset...Iraq's rail plans have investors worldwide watching carefully...The rail connection in Iraq from the Gulf to Europe will change Iraq's economy.  This same method of increasing the GDP was recently used by Mexico when they built a connecting rail system...Mexico's exchange rate increased against the US dollar and now Americans are spending more money to live in Mexico... This is one of the major paths that can lead to a higher GDP and a higher value in the currency.  The project is set to start in early 2025.

The International Monetary Fund has consistently recommended Iraq develop additional streams of income outside of the oil industry.  Iraq holds a significant amount of the world's history within its borders...What is  needed is security and safety for travelers.  Once safety issues are address and the Euphrates and Tigris Rivers are flowing again there will be substantial annual revenue to help boost Iraq's GDP. 

 "  Iraq's central bank revokes Iran's Bank Melli operating license"  This article tells us the US is serious about not allowing Iran to have access to US dollars.  It also tells us Iraq is serious about aligning with the US Treasury Department to maintain access to over one hundred billion US dollar of its money in the Federal Reserve.

 Vietnam is making major financial news.  Vietnam factory activity returns to growth status after the pandemic, tourist arrivals increased by 73.6% in January and retail sales are still growing for the 26th straight month.  The inflation rate is at a five month low of 3.7%.  Overall Vietnam has green lights on all growth patterns...Vietnam knows precisely what to do to bring the value of its currency back into the line of profit...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-sandy-ingram-12-feb_040016202.html

Iraq Enters Global Trade Market💣RV/RI Imminent!?🤔Iraq Dinar RV Updates |...

Masrour Barzani and Brett McGurk agree to strengthen the security of the Kurdistan Region, 2 MARCH

 Masrour Barzani and Brett McGurk agree to strengthen the security of the Kurdistan Region, 2 MARCH

Shafaq News/ The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, and the White House Coordinator for the Middle East and North Africa, Brett McGurk, stressed the importance of enhancing the security and stability of the region and protecting its constitutional entity.

A Kurdistan government statement received by Shafaq News Agency on Friday stated that Barzani met (yesterday, Thursday) at the White House with McGurk, and they exchanged views on the latest developments in Iraq and the region, in addition to discussing ways to strengthen bilateral relations.

The meeting also witnessed a mutual agreement on the importance of enhancing the protection of the security and stability of the Kurdistan Region, protecting the constitutional and federal entity of the region and preserving the rights of all its components.

https://shafaq.com/ar/%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D9%80%D9%80%D8%AA%D8%A7%D9%86%D9%8A%D8%A7%D8%AA/%D9%85%D8%B3%D8%B1%D9%88%D8%B1-%D8%A8%D8%A7%D8%B1%D8%B2%D8%A7%D9%86%D9%8A-%D9%88%D8%A8%D8%B1%D9%8A%D8%AA-%D9%85%D8%A7%D9%83%D8%BA%D9%88%D8%B1%D9%83-%D9%8A%D8%AA%D9%81%D9%82%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%AA%D8%B9%D8%B2%D9%8A%D8%B2-%D9%85%D9%86-%D9%82%D9%84%D9%8A%D9%85-%D9%83%D9%88%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86