Friday, May 10, 2024

FRANK26….5-9-24…….. WHAT ABOUT THE WTO?

Government Advisor: The Securities Commission represents the governance base for promoting financial market reform, 10 MAY

  Government Advisor: The Securities Commission represents the governance base for promoting financial market reform

 5/9/2024  Baghdad

Today, Thursday, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, summarized the importance of the Securities Commission and its tasks, while noting that the Commission represents the governance base in promoting financial market reform, and is responsible for supervising the correct rules in the Iraqi market.

Saleh said, in his speech during the twentieth anniversary of the founding of the Securities Commission, under the slogan (The Importance of the Financial Services Sector in Supporting the Iraqi Economy), “In the name of Prime Minister Muhammad Shiaa Al-Sudani, we extend to the Securities Commission, its Chairman and its staff, our warmest congratulations on the occasion of the twentieth anniversary of the founding of this edifice.” The important financial supervisory authority that assumed the duties of regulating the Iraqi Stock Exchange securities, which is the basis for ensuring high, stable, organized and growing financial markets through the application of regulations designed to protect the rights of users and maintain the integrity of the financial market.

He added, "The Securities Commission, with its regulatory, supervisory, and auditing apparatus, constitutes the central body responsible for supervising the correct rules, monitoring irregular activities, and investigating market violations."

He continued: “The Securities Commission also represents the governance base in promoting transparency and reform in the work of the financial market, and the important role of the Securities Commission is evident in regulating broker-dealers and other market participants by supervising the depository center and updating the data of persons associated with brokerage companies.”

He added: “There is no secret of the important role played by the Securities Commission in coordination with international securities organizations and bodies, especially in adopting standards in the field of strengthening the efficiency of financial markets and communicating with international organizations related to financial markets, which has strengthened the role of the Securities Commission and the Iraqi Stock Exchange.”

 Finance in preparing Iraq for the World Trade Organization, which is the international organization that essentially emerged from the system of financial globalization, as the trade in financial services became an integral part of global trade.   LINK


Evening News with MarkZ. 05/09/2024

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…..this week is sure flying by!!!

Member: GE everyone. May the blessing rain down on us like a midwestern storm

Member: Mark are you under an NDA? 

MZ: Years ago I deposited some with a group in Reno and signed an NDA about the rate then. I have not been paid from this group and I am being quiet because I agreed to be quiet to not jeopardize anyones safety  or finances. 

MZ: Some of the stuff that I hear I will not share and put them in that position. 

Member: Mike Bara said he heard it was going public on Saturday the 11th

MZ: Nader did a video today on an article talking about the budget and having to send some things back to do the math because there is a budget shortfall. Meaning that the budget is greater than the money they have coming in so they need to make some adjustments. But, if the value were increased we would not have this problem. So a value change fixes all that. It also tells us how much money they have coming in from oil right now. About $280 million dollars per day. 

Member: Nadar also  said we will continue to have bases in Iraq. Signed by the generals 2 weeks ago.

Member: Did Iraq join the WTO today?

MZ: Every article I found says they are preparing to ascend to the World Trade Organization. I have not found one yet that says they have already ascended. 

Member: I will be going to Chase tomorrow to talk to a wealth manager

Member: it's so odd how some Chase managers will talk and others won't and can be rude!

Member: Mark, I received a call from PNC bank wanting me to come in so they can discuss how to better serve my needs!

MZ: I have a few bank stories that you all have sent me today.

MZ:  “ A few months ago I spoke with a few people from my local credit union. They had no knowledge of any RV and did not get involved with foreign currencies. I called this morning to try to take care of some outstanding debt and spoke with a loan officer- I made a joke about not needing it in a month, but had something pressing to take care of now. She asked what I meant about my statement and I mentioned the RV. She giggled and said 3 months ago my bank started doing system upgrades . They did approximately 4 upgrades. I asked if people in the branch did any training on foreign currency. She said Yes- but they will still have to send it out to be verified. Then I mentioned the timing between now and June. She smiled and would not say more except “We are ready for it” 

MZ: You will like this one as well. I edited it a bit for security….“ 5-8-2024. My husband went into our bank in Arkansas. A female bank officer always waits on him She said oh, I can’t wait to retire. My husband asked her if she knew about the QFS and Nesara/Gesara?  She smiled real big and glanced around the room. Then she reached behind her , pulled out a book and opened the first page….There was the new USN $10 bill that read “United States Note” He asked if he could please take a picture of it….she told him no because of the cameras on them . He sid they look just like the photos I have seen circulating. She said the bank had finished their QFS training, and are standing by and ready to go.”

MZ: We have had some great bank stories sent in by you all. And I had a talk with MilitiaMan today…..There are great expectations. We will get him in here soon so he can share them. 

MZ: It’s fantastic to see these bank stories in the real world.   

Member: We are all on the same journey. We can walk together be we have to take the steps. I’m glad I chose you all to walk with

Member: Have a great evening and a good nights sleep to everyone. 

Member: Thank You Mark have a Great Night everyone

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.

Jon Dowling & Derek Johnson Is General Flynn A Friend Or Foe

The Association of Private Banks counts the percentage of shares traded on the stock market during a month , 10 MAY

  The Association of Private Banks counts the percentage of shares traded on the stock market during a month 

5/9/2024 Baghdad

The representative of the Iraqi Banks Association, Ali Tariq, confirmed today, Thursday, that the Iraqi stock market relies heavily on the banking sector, while he counted the value of banking shares traded during the month of last April.

Tariq said, during a dialogue session, on the twentieth anniversary of the founding of the Securities Commission, under the slogan (The Importance of the Financial Services Sector in Supporting the Iraqi Economy) and attended by the “Al-Iqtisad News” correspondent, that “the profitability of private sector companies is the first motivator for every investor, and the strength of the market and the growing movement Trading comes from companies' profitability and revenues."

He added, "The market relies heavily on the banking sector, which traded during last April 17.6 billion shares out of 21.6 billion shares in the entire market, which constitutes 81% of the total trading in the month." 

He explained that "the banking sector is considered the most important in the stock market," pointing out that "the citizen is able to use the mobile phone to trade and view share prices, and the need to focus on reaching the citizen at his home and workplace."

Tariq stated, “All private banks are listed in the Iraq Stock Exchange according to the instructions of the Central Bank of Iraq,” stressing that “preventing some banks from dealing in dollars directly affected the market and the prices of their contributions in the market.”LINK

"STATUS OF THE RV" BY MNT GOAT, 10 MAY

STATUS OF THE RV

Why is all the news so full of “WOW!” lately?

Just when you think it’s going to be a boring week, out pops yet more “WOW!” news. I want to ask everyone something today. Are you dancing yet over all this good news? Can you see just how close Iraq is to fulling Al-Sudani’s promise of making the dinar a proud national currency once again. Also remember too that he did say it “was” valued over a dollar already and not that it “would” be. When will we see tangible evidence of this promise?

In today’s news we have three main articles. Below I will try to explain the significance of each of them to you. NO! The RV has not yet happened and so as I keep having to reiterate to all you date and rate fans, this blog is not about a date and a rate. If you are looking for this kind of information then please go to the TNT super fantastic idiotic garbage conference call and you can get all the lies, frustration and roller coaster rides you want. However, if you want TRUTHFUL, HONESTY and a desire to follow the news that will lead us to a the ultimate timing of the reinstatement of the dinar back to FOREX, then you are on the right blog.

Remember as I have told you many times already, this journey is not about coming to the final stop on our choo choo ride as by then it’s over and we know it has to happen. Why lie about it? But instead it is all about the ride itself as this is the journey. Yes, the ride is the journey and it will lead us to the final destination not the other way around. The RV is going to happen as it has to happen and I don’t know why many worry about this fact so much. We can lie and pretend about the news but it won’t make any difference and bring the reinstatement any faster.  

So, before I get into explaining the significance of these three articles for today let me talk about my most recent conversation with my CBI contact on Saturday. Most of the talk was all about the parallel market again and the final push to stabilize it. This is related to two of these articles today. I was told this was the holdup for the start of the Project to Delete the Zeros and the formal education of the process, which was already supposed to begin in April. I was told that the committee has already released some educational materials on the future float and so we witnessed this information last week come out.  

If you want to recall my own perspective on this issue, remember that I did say that most likely nothing will happen until June or shortly thereafter. After reading the articles in today’s news you should be able to clearly understand why I have been saying this. Let’s all just sit and watch what happens. The progress Iraq is now making is at lighting speed under Al-Sudani and we can clearly see God’s Hand is at work, answering our prayers in this matter. It is strange how God works you can hardly ever figure it out until it happens. I encourage everyone to continue to listen to the modern-day prophets. By now you all should know the ones I trust as they have a proven record of honesty already. Do you have any to share? Many of the prophets are now talking about the end of Joe Biden before even November, in fact the death of him. Does God mean literal death or just political death? So, you see this is what I mean. However, to me either way would be just fine….. lol.. lol… The world would be much better off without people like him. He is not a creator but a destroyer. He brings only death, misery and destruction in everything he touches. Oh, isn’t this satanic?........BE CONTINUED

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

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Expectations of an "elite" Iranian delegation arriving in Baghdad.. 3 files on the table, 23 NOV

    Expectations of an "elite" Iranian delegation arriving in Baghdad.. 3 files on the table  An informed source expected, today, ...