Union Of Arab Banks: Iraq Is A Pioneer In Electronic Banking Services, 4 JUNE

 Union Of Arab Banks: Iraq Is A Pioneer In Electronic Banking Services

June 3, 2024 Baghdad/Iraq Observer   The Union of Arab Banks confirmed today, Monday, that Iraq is a pioneer in electronic banking services, while  noting that the Iraqi banking sector is ancient and its role is vital in economic development.

 The Secretary-General of the Union of Arab Banks, Wissam Fattouh, said,

“There is deprivation from dealing in the dollar, not sanctions, because sanctions mean inclusion on the sanctions list,” pointing out that

 “the effect of deprivation is almost equivalent to sanctions because it is difficult for banks to operate without the dollar currency, which represents... Currency of international trade. Fattouh added,

  “The Iraqi banking sector is an ancient sector and has a history, as its total assets amounted to 157.9 billion dollars, and even its deposits amounted to more than 100 billion dollars.”

  Therefore, this sector is important and its role is vital in economic development in the heart of the country.”

He stressed “the necessity of applying international standards, especially with regard to the standards and laws in force to combat money laundering and terrorist financing.” He pointed to  “involving the strategy between the Union of Arab Banks and the Association of Iraqi Private Banks, to reach this truly desired goal, and to train and qualify Iraqi cadres in particular.” He pointed out that

  “there has been a great partnership between Iraq and the United States of America for decades and trade exchange, especially after Prime Minister Muhammad Shiaa Al-Sudani made the important historical visit to the United States of America.” He noted that

 “the biggest role today is how to protect the Iraqi banking sector, and that trade exchange actually takes place through Iraqi banks and not through other banks.” He continued,

"Iraq is very advanced in electronic banking services, and the challenge today facing the Iraqi banking sector remains the challenge of compliance."    https://observeriraq.net/اتحاد-المصارف-العربية-العراق-رائد-في-ا/  

"RV UPDATE" BY WOLVERINE, 4 JUNE

 WOLVERINE

Fri. 31 May Wolverine

 “I received an official notification from Brazil that confirmed the release order for Colombia, USA, Brazil. The representative of the Columbian project manager begins with his delivery protocols to his Tier4B. Leading representative internet group starts in  June.

 I received another message from a very strong contact, a Whale, from Zurich, saying he got the same message. Reno – I have been told, is about to kick off.  So by next week, everything will be looking beautiful. The foundations are all funded. They are ready to go. This is not a rumor. This is fact that is coming through.

IQD Update-Iraq Dinar-2024 Budget Passed-Gazzette-Timing-197 Companies C...BY MILITIAMAN

Evening News with MarkZ. 06/03/2024

Monday 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: Hey Mark and family...so good to see you!

Member: Yaaay …I hear Iraq passed their budget….Come on new rate!!!!

Member: news is awesome today…. rate change around the corner!!

Member: TNT says banks screens are showing $.36 cents on the bolivar

MZ: We are seeing some crazy things. A few of my banking contacts saw the same. Indonisia is popping up at about $1.36….they were showing a little over $4 for the dinar….over $3 for the dong….we are seeing some crazy stuff 

MZ: Also seeing crazy prices for bond folks. Some Buyers are looking for German bonds right now-they are in demand

MZ: Also some bond folks that had appointments scheduled last week…were moved to today and tomorrow.  And I still have 1 or 2 contacts that have disappeared- goes straight to voicemail….I am hoping they got paid ….but don’t know. 

Member: Lets hope they are out celebrating getting paid  for sure……and under NDA’s. 

MZ: My bond folks very much believe this is their week!. Finally. But have not heard anybody have gotten dollars yet.  But I am watching it. 

Member: Have any groups been paid yet?

MZ: I do not think so….but they are positioned and ready for them to go 

Member: I feel like it all goes together EBs, rv, GCR we get our currency exchanged then swapped to gold backed currency of native countries.. then it’s equal one to one anywhere

MZ: I have been unable to find a complete copy of Iraq’s budget that was passed to look fof a rate. I do not think the new rate is in the budget that was passed today…..yet.  They have the mechanism for changing the rate in there though. So they can do that rate change at anytime.

MZ: They are still showing the official rate of 1310…..It happened like this in Kuwait also….that although they had started the RV process. Kuwait was still showing the official rate for awhile.  

MZ: Sudani said in an article that this will be a time of abundance for the Iraqi people…. 

Member: Maybe they are waiting to put the new rate in the Gazette- either Wed or Sat?

MZ: That is very possible. 

Member: Thank you mods for helping out MarkZ every single pods cast …much appreciated!!

Member: Let’s all say that June is going to be our month…..and believe it. 

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

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SUMMARY OF TNT CALL, 4 JUNE

Mon. 3 June 2024 TNT Tony

 “It was supposed to happen Saturday night, but then it was to happen on Sunday due to a hiccup, and it is supposed to happen tonight.  So the real deal is that it did not go on Sunday, because the finance committee did not do their part in Iraq, did not do their vote.

 There was a small hiccup.  But as I have sent out on Twitter, the vote has gone through the finance committee and vote has gone through the House of Representatives. Those are the things we wanted to see. We are hoping to see a rate, we know there is a new rate, and we know it is going through. All banks are HIGH HIGH alert. 

They were told  yesterday, but it took some time, as some bank contacts called me last evening and some in the morning, that they were all put on high alert starting last night through Thursday morning. They said by Thursday morning, definitely, you are going to have people walking in your door, a bunch of brand new customers (that was yesterday).

 Talking to them today, they do have pending rates and some of them are saying we are waiting right now to be notified of the release of the 800 numbers. Let’s hope it happens.  Federal Reserve said they were just called in within the last hour. Everyone is to report to their station. Right now as we speak. 

 With all this excitement, everything is pending, and I will give praise where praise is due, Ray has been telling you guys about the Venezuelan Bolivar, rate predictions, right now, rate prediction for Bolivar on screen right now is 0.36 and is climbing. Ray predicts between 22 and 55. It is at 0.36 and climbing right now. It is on the bank screen at this time.  Today is a good day.

 We have nothing to do but wait for the announcement. They are passing out money in Iraq. Activating projects. We are at a good time we just have to wait.  Not sure if it is 72 minutes or 72 hours. The rate has not been announced the rate there yet, but maybe they wait till Wednesday for the Gazette. But everyone I talk to they say they are trying to go anytime now. But we are there. The rates are good. Everyone is excited. So I hope you guys are ready.”

Iraqi Dinar✅Al Sudani Huge Statements IQD Revaluation Today 2024 / IQD R...

Dhi Qar Oil is considering several measures to raise the level of production, 4 JUNE

Dhi Qar Oil is considering several measures to raise the level of production

Today, Sunday, Dhi Qar Oil Organization examined a few principal points influencing the truth of oil creation in the governorate.

The Chief General of the Dhi Qar Oil Organization, Ali Khudair Abbas, told : ” The Dhi Qar Oil Organization has accomplished a huge level of its creation objectives.”

Abbas focused “the significance of proceeding to further develop execution and increment creation as indicated by the drawn up ecclesiastical plans.”

The creation limit of the oil fields in Dhi Qar Governorate is in excess of 250,000 barrels each day, disseminated as in excess of 150,000 barrels from the Gharraf field and 100,000 barrels from the Nasiriyah field.