Tuesday, June 11, 2024

NADER FROM MID EAST: Iraq Set to Ban Low-quality Import vehicles & Continues to Strengthen Ce...

Parliamentarian: The Basra-Aqaba Oil Pipeline Does Not Achieve Economic Feasibility For Iraq , 11 June

 Parliamentarian: The Basra-Aqaba Oil Pipeline Does Not Achieve Economic Feasibility For Iraq 

Economy   Information/Baghdad..  On Tuesday, the representative of Basra Governorate, Rafiq Al-Salhi, considered the agreement to extend the oil pipeline from Basra to the Jordanian port of Aqaba as a failed project that does not achieve any economic benefit for Iraq, and the only beneficiary from it is the Jordanian side.

Al-Salhi said in a statement to the Al-Ma’louma Agency, “The project to extend an oil pipeline from Basra to Aqaba is a failed project and will cost the country large sums of money because it has no economic benefit for Iraq and the only beneficiary is the Jordanian side.”

He added, "The shipping and pumping costs operations will drain large amounts of money and costs compared to exporting it from the ports of Basra, as the cost of exporting one barrel from the ports of Basra is estimated at 6 cents, while the cost of a barrel from the port of Aqaba exceeds four dollars. This is a waste of money, in addition to its security risks related to protecting... Pipeline from terrorism or international targeting.”

Al-Salhi pointed out that "the project faces widespread criticism from oil specialists, so we categorically refuse to initiate the project now or in the future."

It is noteworthy that the Basra-Aqaba oil pipeline project is a proposed project to transport crude oil from the Rumaila field, in southern Iraq, to ​​Aqaba, in southern Jordan. Its length is 1,700 km. LINK

Coffee with MarkZ. 06/11/2024

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: Good Morning to all….. Happy Days ahead!!

Member: Mark Z, what are your thoughts on Dinar, Bolivar, Rupiah and Dong  RVing at the same time. And if so, could the delay of RV be that all are not going the same time.


MZ: I still think they will all go at once…and I do not think it’s a delay….but will help them all go.

MZ: We have much anticipation for today and are hoping we see bond money for individuals. I have had reports that humanitarian bonds for groups has already moved. This is on the humanitarian side…but nothing yet on individual historic bond holders. . 

MZ: I do have some reports of a few groups that were requested to update NDA’s this weekend. There were multiple reports…..which is interesting. A couple of these sources I know personally so believe it is spot on. This is from “Grouped currencies”  Not individuals like you and I. With updating their NDA’s – the leaders are expecting something very soon. 

MZ: I will let you know this evening if there are any updates on bonds. If there is a couple-slam dunk -I can confirm it bond reports  this afternoon…I will send out telegram , tweets ect. Notices….

Member: I am dubious about donating to humanitarian projects unless the bad guys in power are arrested…..too much lying, cheating and stealing in charities right now…..imo…where donated money goes to the people running the charity and not to the people needing the help

Member: How much more proof of corruption is needed before we see arrests. Geez…

Member: We have been waiting many years to see somebody finally get arrested….guess bad guys are still in control….

Member: There needs to be accountability. For their actions.

Member: Mark any update from your Bank Redemption Contacts lately???? 

Member: (From Dinar Guru) Guru Mnt Goat  ...the IMF is not going “lop” the Iraqi dinar.  A “lop” is a tool the IMF uses to restart a currency from massive inflation. ...We also have articles for Iraq telling us they WILL NOT lop the dinar. They do not have massive inflation and so this tool of a lop is not necessary. That is why they call it the “project to delete the zeros” and not a ”lop”.

MZ: That is what I keep saying……Thank you 

Member: Last night Frank26 also described a LOP process from his inside source as the process. Then said it was NOT a LOP, but exactly what was described

Member: why would Iraq put out new fiat bills when the world is going to asset backed? they wouldn’t

Member: june 19 is 15 days from when the budget was passed. time will tell :)

MZ: “After returning it for the purpose of auditing –The Iraqi Gazette addressed parliament to send budget tables”  So they are expected to release it to the papers this week …There are a lot of people who believe we will see a rate when they do that. 

Member: The Gazette usually release new stuff on Wednesdays and Saturdays

MZ: I do have a couple contacts in Iraq that believe we will see it then …They expect it to be published Saturday in the Gazette……...I hope they are accurate. 

MZ: Another one which is a clear indicator for where this is headed and Iraq’s rise to prominence…...” Sudani visits Jordan in an emergency conference on Gaza”  Iraq is being looked at to lead and to be a calming voice. 

MZ: “BRICS working to create platforms for payments in national currencies : Russian Finance  Minister”   This is a nice breakdown on the progress with  BRICS.  They are working on infrastructure for BRICS and a unified payment system across BRICS countries.

MZ: This is a Technolgy that could be used for us as a Quantum System …or for controlling Central bank digital currencies. “ Project MBridge reaches minimum viable product stage and invites further international participation”  In other words. Their international system is now functional outside of the SWIFT system!  

MZ: To me this is a big one because we now have the mechanism to move forward with the quantum system. 

Member: I think BRICS is our best chance to see a RV/Reset

MZ: “Is there a financial crisis bubbling under the surface?”  This is the race we are in for rate expectation to be out this week. They are talking about the unrealized losses and troubled banks……Our own government has highlighted 63 banks that may be in trouble –perhaps even more. There is not enough FDIC coverage to cover those banks- by a long shot. 

Member: Did you hear the rumor that Wolverine said Brazil already is Celebrating! They got their money?

Member: And now Uganda has discovered $12T USD in a new GOLD find.. hmmm. All these countries now”discovering” new gold.. interesting. 

Member: It makes me wonder when the US will "Discover" gold in the Grand Canyon...

Member: Bo Polny did a great video yesterday about we are in Biblical times & he's right I agree with him. Before summer starts these last 10 days are going to be EPIC!!!!

Member: Thanks Mark and mods…..Hope everyone has a wonderful day….and this is the RV week we are waiting for. 

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

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

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. 

Twitch:   https://www.twitch.tv/theoriginalmarkz 

"ABOUT THE BRICS" BY GOLDILOCKS, 11 JUNE

 GOLDILOCKS

BRICS calls for enhanced use of local currencies in trade between member countries


More signals… 


Russia says BRICS is prioritizing a platform for member states to transact in national currencies.


It is only a matter of time.


Read: https://x.com/goldtelegraph_/status/1800362482869125210?s=46\ ---

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The BRICS ministers of Foreign Affairs met in Russia’s Nizhny Novgorod on June 10 and held a plethora of discussions, including an important one on the enhanced use of local currencies in trade and financial transactions between the BRICS countries.


https://www.thehindu.com/news/national/brics-calls-for-enhanced-use-of-local-currencies-in-trade-between-member-countries/article68275867.ece

Iraq Seeks $2.5 Billion Missile System NEW EXCHANGE RATES #iqd #vnd #htg...

Corporate Governance In Iraqi Banks... Enhancing Transparency And Efficiency, 11 JUNE

 Corporate Governance In Iraqi Banks... Enhancing Transparency And Efficiency

 Time: 06/10/2024 Read: 1,378 times   {Economic: Al Furat News} Corporate governance is one of the most important factors that contribute to enhancing the performance and safety of the banking sector.

By applying sound governance principles, banks can improve their efficiency and risk management, and enhance investor and customer confidence.

In Iraq, banks have made great strides in applying corporate governance principles, with support from the Central Bank of Iraq and the Iraqi Deposit Insurance Company.

These efforts have contributed to improving the performance of the banking sector and increasing its transparency, which has had a positive impact on the Iraqi economy in general.

Singapore's experience in the field of corporate governance in the banking sector is an example to follow.

 The Monetary Authority of Singapore (MAS) has implemented a set of stringent governance standards, including

   disclosure and transparency requirements,

   defining the responsibilities of the board of directors and executive management, and

   periodically evaluating banks' performance.

 These efforts have made Singapore a global financial center with an excellent reputation for transparency and integrity.

 In Iraq, the Iraqi Deposit Insurance Company can play a greater role in enhancing corporate governance in banks, by encouraging banks to adopt international best practices in this field, and providing training and guidance to members of the boards of directors and executive management.

It can be said that the Iraqi Deposit Insurance Company represents an inspiring success story under difficult circumstances.

Through its vital role in protecting depositors’ funds and enhancing confidence in the banking system, the company contributes to building a strong and stable national economy.

As its efforts in development and innovation continue, the Iraqi Deposit Insurance Company promises to be an essential pillar in achieving sustainable economic development in Iraq.

https://alforatnews.iq/news/حوكمة-الشركات-في-المصارف-العراقية-تعزيز-الشفافية-والكفاءة        

"RV UPDATE" BY TEXAS SNAKE, 11 JUNE

 TEXAS SNAKE

A practicing doctor who is a citizen of Iraq living in Texas, a former client of mine has agreed to contact family members in country tonight to determine what the current in country rate of the IQD is today,  It is almost 0530 in the morning and he asked if I could await his reply until it is closer to 0800 Iraq time.  I will report once he calls me back.


Have received a number of projected exchange rates on Zim IQD and Dong but have been asked not to share but I believe we will be agreeable should these rates be actual.

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Well folks banker feels very positive about what he hopes is confirmed in the morning when he calls me.  Will report afterwards either way.

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It was exoressed that several bond holder paymasters had been called to Reno however there is no confirmation of this thus far.  Will open for a short time should anyone have some additional info.

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JUNE 6

Texas Snake, [06/03/2024, 10:32:59 p. m.]:


Well it's about 0530 AM in country and the info I am receiving is that the new rates will appear either when the banks open today or they will wait for the FOREX opening on Wednesday to be able to publish the new rate in the Gazette Paper.  Wish I had better intel but most of the UK is asleep now.


Not much reason to open as this is all I have at this time...

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Well folks the information I have rec'ed today indicates a number of the large bondholder paymasters have been invited to Reno to begin exchanging their bond portfolios over the next 24 to 48 hour window. 


We are then scheduled to begin receiving notification to begin scheduling appointments. 


I have this info from 3 sources and am waiting confirmation from the banker, hopefully tonight or early AM.  Will open for a short time so any members who have any news can share. 


 Thanks for all the members joining us and GOD Bless.

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https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-6-june.html