Thursday, April 25, 2024

American Threats Close The Iraqi Stock Exchange At A Loss, 25 APRIL

 American Threats Close The Iraqi Stock Exchange At A Loss

Market   Economy News – Baghdad  The Iraqi Stock Exchange closed the weekend session, losing by 0.35%, as a result of security developments in northern Iraq after the United States threatened to launch strikes inside Iraq.

The main index of the stock exchange reached 1006.5, with 890 million shares traded, worth 1.1 billion dinars, through 817 transactions, on the shares of 40 companies.

As for the most active companies in terms of traded shares, the Middle East Bank led with 200 million shares, worth approximately 243 billion dinars, and the Iraqi Islamic Bank with 182 million shares.

Views 169 04/25/2024 - https://economy-news.net/content.php?id=42823


"CALL WITH WALKINGSTICK AND FRANK26 YESTERDAY" (ENGLISH AND SPANISH), 25 APRIL

 Wednesday April 24, 2024

FRANK26: SAYS

  Walking Stick was on the phone with Frank during the subway. The head of Walking Sticks, who owns banks and ATMs in Iraq and Jordan, and his friend who runs his bank in Dearborn, Michigan, are at this big meeting at the CBI, with the 964-person delegation that was in D.C. Everyone is in this meeting.

It is the Arab Monetary Fund, the International Monetary Fund, the World Bank, all the companies and investors who have contracts are saying these words, about lower banknotes and a new exchange rate. Everyone knows that the exchange rate is about to change. Eddie said on television saying The budget will come to Parliament next week. Walking Stick and Frank believe that the exchange rate will rise and force parliament to hold an emergency session. Then Parliament would have to vote. There is too great a possibility of insider trading (parliament are criminals). Walking Stick says Sudani wants this now. Promises must be kept. Do you remember that they audited the banks? Maliki's State of Law Party tried to raise $600

Millions of dollars. The entire party is being shut down by the IMF, the FMA and the CBI. They were funneling funds to Iran across the border into Iran for their own enrichment. They and the private banks were closed. That's why they think that with all the corruption, they will have to announce the new exchange rate and the parliament will hold an emergency vote (after the exchange rate change). The CBI determines the exchange rate.

  Sudani and CBI are working together. Those sanctions were lifted in time for a

  Change of fee. Everyone at those meetings will be on stage with Sudani, including the two friends from Walking Sticks. Walking Stick says Sudani will make the presentation, and this will happen after that. Sudani wants it now, everyone is there waiting. It shouldn't take long.

  -All credit to Frank and his team!

TRANSLATE SPANISH

Miércoles 24 Abril 2024

FRANK26 : DICE
Walking Stick estaba hablando por teléfono con Frank durante el metro. El jefe de Walking Sticks, propietario de bancos y cajeros automáticos en Irak y Jordania, y su amigo que dirige su banco en Dearborn, Michigan, están en esta gran reunión en el CBI, con la delegación de 964 personas que estaba en D.C. Todos están en esta reunión.  

Es el Fondo Monetario Árabe, el Fondo Monetario Internacional, el Banco Mundial, todas las empresas e inversores que tienen contratos están diciendo estas palabras, sobre billetes más bajos y un nuevo tipo de cambio. Todos saben que el tipo de cambio está a punto de cambiar. Eddie dijo en la televisión diciendo El presupuesto llegará al Parlamento la próxima semana. Walking Stick y Frank creen que el tipo de cambio aumentará y obligará al parlamento a celebrar una sesión de emergencia. Luego El Parlamento tendría que votar. Existe una posibilidad demasiado grande de uso de información privilegiada (el parlamento son delincuentes). Walking Stick dice que Sudani quiere esto ahora. Las promesas deben cumplirse. ¿Recuerdan que auditaron los bancos? El Partido Estado de Derecho de Maliki intentó recaudar 600 dólares

Millones de dólares. Todo el partido está siendo cerrado por el FMI, el FMA y el CBI. Estaban canalizando fondos a Irán a través de la frontera hacia Irán para su propio enriquecimiento. Ellos y los bancos privados fueron cerrados. Por eso piensan que con toda la corrupción, tendrán que anunciar el nuevo tipo de cambio y el parlamento realizará una votación de emergencia (después del cambio de tipo de cambio). El CBI determina el tipo de cambio. 

Sudani y CBI están trabajando juntos. Esas sanciones se levantaron a tiempo para una
Cambio de tarifa. Todas las personas en esas reuniones estarán en el escenario con Sudani, incluidos los dos amigos de Walking Sticks. Walking Stick dice que Sudani hará la presentación, y esto sucederá después de eso. Sudani lo quiere ahora, todos están ahí esperando. No debería pasar mucho tiempo.
-¡Todo el crédito para Frank y su equipo!

Nice to see a good leader Iraq BY NADER FROM MID EAST

Economist: There Is Serious Work To Lift US Sanctions On Iraqi Banks, 25 APRIL

 Economist: There Is Serious Work To Lift US Sanctions On Iraqi Banks

Economy | 04/25/2024  Mawazine News – Baghdad  The expert in economic affairs, Safwan Qusay, confirmed that there is a joint committee between the US Federal Reserve and the Iraqi Central Bank in order to lift sanctions on some banks.

Qusay said, in a televised interview followed by Mawazine News, that “the joint committee is working to study the activities of the banks sanctioned by the US Federal Reserve.”

He added that “banks that have worked to purchase equipment or tools from sanctioned countries will have sanctions imposed on these banks.” A fine, indicating that the government must work to rehabilitate the banking sector so that it is internationally accepted.”

He pointed out that “the government of Muhammad Shiaa Al-Sudani directed the formation of a joint committee between the US Federal Reserve and the Iraqi Central Bank in order to move towards lifting sanctions on Iraqi banks and restoring the status of the Iraqi banking sector. ” to its global stature. https://www.mawazin.net/Details.aspx?jimare=246721

ABOUT THE STATUS OF IRAQ" BY GOLDILOCKS, 25 APRIL

 GOLDILOCKS

Iraq is telling us on the CBI website that they are meeting their Financial Inclusion Requirements. 


G20 has standard guidelines for what this means. 


"Financial inclusion is measured in three dimensions: (i) access to financial services; (ii) usage of financial services; and (iii) the quality of the products and the service delivery."


© Goldilocks


https://cbi.iq/news/view/2552

Coffee with MarkZ. 04/25/2024


PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain political –type picture is posted on Marks videos I will not show it. If it’s a stream mainly about politics…I will not do notes. 

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

Member: TODAY is the day Noah’s Ark landed, and the day the Red Sea parted Expect a HUGE day today.

​​Member: Does the fiat dollar crash, the stocks crash first then the RV? Or will the RV crash the market?……

Member: Sounds like what came first- the chicken or the egg?

MZ: It was quiet overnight on the bond side. No news since yesterday. But we had such tremendous movement the last couple of days I am not worried about it. 

MZ: In Iraq “ Iraq’s Federal Board of Supreme Audit exposes US $600 million corruption scandal involving “ghost travelers”  Iraq allowed people to get US cash when they said they were going to travel abroad. People were getting cash and were not traveling at all…and the money went to the parallel markets…... The US claims this is “corruption”  This is more proof paoitive they need to change that dinar rate as soon as possible.

Member: Al Sudani walked with his people and took pictures. His people were showing Sudani lots of love

Member: Yes- Nader posted a video showing Sudani walking the street, mingling with citizens letting them know he cares about them and allowing selfies.

Member: Last night on Whiskey and Winning the consensus from the guys is we are not winning this thing….How can bonds be moving ? Which means we follow and Nesara after?

MZ: It doesn’t have to be one or the other. Both sides need a economic reset. Both sides need commodities to win because that is their only way out. So both sides need the reset, bonds to move and money to change hands. But one of the sides does not want the political changes of Nesara….That is where it is a little spookier. Either way its good news for us that we have prepared ourselves . 

Member: Think of this War as a "Tug of War". Our side is growing with people waking up. Their side is shrinking. It's just a matter of time, and they are panicking!

MZ: Many are preparing for a “blood letting “ tomorrow on the DOW. Tomorrow we may get some huge drops. 

Member: I will be surprised if the rats don’t manipulate the market back up so the loss is minimal.

MZ: I expect a crash on Friday because more inflation numbers are coming out then. This should obliterate the hopes of a rate cut. If they do announce a rate cut- then the whole market is going to know that inflation is getting ready to go through the roof. Either way I believe tomorrows news is going to be bad. Maybe Jaime Dimons statement that a “soft landing” is never going to be an option is true?

Member: All news is bad from everyone everywhere.  There is no good news anywhere in this world right now.  

Member: Mark…thoughts…could the scare event be a market crash by chance?? A lotta people could be like “meh” with nuclear stuff, but mess with their money and “The sky is falling and world is ending”?

Member: The market has 3 levels of circuit breakers. 1st is 7%, the 2nd is 13%, and the third is 20%. We are currently only down 1.7 % for the dow.

Member:  Let's hope tomorrow is the crash we have been expecting... You can't make an Omelet without breaking a few economies

Member: Any news on the Bolivar.

Member: The Venezuelan leader's aspirations for BRICS membership are anticipated to crystallize at the upcoming summit in Russia this October. Dumping the US Dollar.

Member: Yesterday I heard when we go to redeem they look at serial numbers of our currency to see who bought them?

MZ: When you go to the bank or grocery store-do they search your serial numbers when depositing or spending it? This is more insanity that people get fed as misinformation……I want to hit myself in the head with a mallet at some of this. 

Member: I believe that we need to stop the fear porn ... it doesn't matter what the rates are, trusts, serial numbers, being probed ... STOP and just realize that you are being BLESSED because U R Chosen

MZ: The Economic Ninja did a video on the Iraq currency yesterday. More and more people are talking about it.  Even Jaimie Dimon said the dinar was going to be the economic savior of the entire world. Sudani has already told us they are going to increase the value and remove the zeros. It’s going to happen. 

Member: when we exchange... do we need to put all like currency together or keep each purchase separate?

Member: I put each currency in a separate envelope with the name of the currency on it and then another envelope with any receipts I had.

Member: Today's word is "exhaustipated" too tired to give a sh*t…lol

Member: Nobody better say “trust the plan” or “Its all a movie” to me today or I will explode!!!

Member: After the reset i don’t want to see or eat popcorn ever again in my life

Member: I have so many friends losing patience in this and kinda giving up. they are tired of the lies/not seeing anything happening

Member: I agree this Shit Show should have been over a LONGGG Time ago! The Suffering is becoming OBSCENE! I

Mod: SHOW US THE MONEY AND WATCH THE WORLD CHANGE IN A BLINK OF AN EYE!!!

MZ: I agree. 

Member: I heard the RV delay was for our safety. Now things are under control?

Member: I can't believe after today there is only 5 days left in this month

Member: A reset/RV and Nesara would fix most problems worldwide. I pray they are not just a fairy tale or myth. 

Member: If Whitehats do exist- they better do something soon or there will be nothing in this world left to save. 

Member: If we only need 30% of the bond people to go before we get our turn to exchange….I beleive we are very close. 

Member: Use this time to make decisions about what we want to do to help THIS World become a truly loving place for ALL to live!!

Member: I know we are all tired and frustrated but try to keep positive that “suddenly” good things will happen. 

Member: Mark, thanks as always…Everyone have a nice day 

Member: Mark thank you for your podcast and renewing my faith that there are still sane people still around

Mod:  DR. SCOTT YOUNG WILL BE JOINING US ON TONIGHT'S PODCAST!!

​​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

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More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies, 25 APRIL

 More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies

Economy     breaking     Central Bank of Iraq   2024-04-23 00:11   Shafaq News/ The Central Bank of Iraq announced on Tuesday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 138 billion Iraqi dinars during the past three months.

A table of the bank, seen by Shafaq News Agency, showed that the fines imposed on banks and financial companies during the past three months, starting from January and until the end of last March, amounted to 138 billion, 377 million, 321 thousand, and 527 dinars, indicating that

 “the fines It also included 49 administrative penalties for these banks and non-banking institutions, distributed between warnings, warnings, and grace periods. The table showed that

  “the month of January witnessed the highest fines on banks and non-financial institutions, as these fines reached 98 billion, 277 million, 722 thousand, and 62 dinars, with administrative penalties amounting to 17 penalties, while the month of March witnessed the lowest fines, amounting to 5 billion and 462.”

One million, 451 thousand, and 344 dinars with administrative penalties amounting to 15 penalties.”

 The table did not show the names of the banks on which fines and administrative penalties were imposed.

 The Association of Investors in the Iraqi Stock Exchange had criticized, in early June, the Central Bank of Iraq's increase in fines on banks, noting that it would affect the profitability of investors in the shares of these banks.  

 https://shafaq.com/ar/اقتصـاد/كثر-من-138-مليار-دينار-غرامات-المركزي-العراقي-على-مصارف-وشركات-صرافة   

The dollar market is on “one leg”.. A ​​new mechanism and the exchange rate is threatened!, 23 DEC

  The dollar market is on “one leg”.. A ​​new mechanism and the exchange rate is threatened! 12/22/2024 The Central Bank of Iraq is preparin...