Evening News with MarkZ. 06/12/2024

Wednesday 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 Wednesday evening to all. 

Member: So what do you know today Mark???

MZ: Bond folks are still sitting with bated breath waiting for dollars. It’s been quiet today. But there are wonderful distractions in the news…..

Member: Since bonds have been moving shouldn't CMKM be going now????

Member: Guess we are waiting with bated breath for that as well. 

MZ: I did have one bank story ….From a member: “This afternoon I had a good conversation over the phone with a wealth management person regarding the redemption of currencies. I told him what types of currencies I had …Evidently he is heavily involved and travels to various locations. Today he was in Utah …and he goes to Reno frequently. This is a major wealth management company. He is very aware of the revaluation of currencies. He is going to schedule a meeting in Reno along with some wealth managers from their company for people who are exchanging. 

Member: I heard a rumor that the PM of Iraq has announced that Iraq has revalued their currency and the rate is over $4.00.

Member: The Parliamentary Finance Committee Wed request budget be redone before publishing in the Gazette. Errors in the numbers. The publication will be postponed until after Eid Holiday.

MZ: I am still hearing the budget tables should be in the Saturday Gazette. We shall see. I heard this right from someone in Iraq today. ----

MZ: We don’t need that though because Sudani told us that everything is now in the hands of the CBI…..he was talking to Alaq at that time….so it’s the CBI ‘s job to change the rate. 

Member: I saw that Iraq has holidays coming up. Would this slow them down releasing the rates? 

MZ: Everytime we have looked in the past we saw Kuwait revalued during Ramadan….Iraq revalued in the early 70’s during a holiday. I wouldn’t be too worried about those things. 

MZ: “ United Arab Emerits ADMOC resells Iraqi oil in global markets” They are doing the refining of Iraqi oil which means more sales for Iraq. This is another revenue stream for Iraq. 

Member: I was sure hoping Saudi Arabia not using the petrodollar would trigger the reset

Member: The petro dollar’s supposed demise is like the plot of a suspense novel—just when you think you’ve figured it out, there’s a new twist that makes you rethink everything!

Member: The petro dollar's demise is like the fall of a financial titan—once powerful, now facing challengers and questioning its relevance in a changing world.

Member: The petro dollar's demise is like a bad soap opera plot twist—everyone saw it coming, yet somehow it still manages to drag on, leaving us wondering if it'll ever truly end

Member: I got a call out of the blue today from my bank pushing savings accounts and wanting me to talk to wealth manager.

​​Member: BREAKING: Massive 'out of control' fire reported at an oil refinery fire near Erbil, Iraq. Multiple people injured –

Membr: Well we have been having the quiet……I am really ready for the “Suddenly”  Come on RV..

Member: TY MARK MODS AND FAMILY LOTS OF LOVE TO ALL

AFTER THE NEWS UPDATE WE WILL TAKE A SHORT BREAK AND JOIN MARK BACK AT 8:00 PM EST FOR WHISKEY & WISDOM

CBD Guru’s joined the stream tonight Please listen to the replay for his information. 

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.

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

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Iraqi Dinar RV Update By Wolverine Today 2024🔥RV update iqd value increa...

Iraqi PM discusses bilateral relations with Iranian Ambassador, 13 JUNE

Iraqi PM discusses bilateral relations with Iranian Ambassador

Shafaq News / On Wednesday, Iraqi Prime Minister Mohammed Shia Al-Sudani received the Iranian Ambassador to Baghdad, Mohammad Kazem Al-Sadegh.

According to a statement by the PM’s media office, the meeting focused on the shared relations between the two countries and the prospects for their development and enhancement in various fields, aiming to strengthen vital benefits and interests for both nations.

Prime Minister Al-Sudani emphasized the government's commitment to developing relations with the Islamic Republic of Iran and other regional countries. 

He highlighted the initiation of comprehensive economic and developmental projects that promote economic integration and enhance security and stability for all countries in the region, as per the statement.

"QFS CONVERSATION" WITH GOLDILOCKS, 13 JUNE

 GOLDILOCKS

"BASEL COMMITTEE MUST STOP GLOBAL BANKS FROM CONTINUING TO CHEAT ON KEY REGULATORY TESTS AND ENDANGERING FINANCIAL STABILITY"

These tests include examinations of the bank's capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to systemic risk. 

The above sentence is otherwise known as stress tests. A stress test determines how well that a bank is capable of handling a liquidity crisis. 

The OCC and FDIC conduct several tests to measure a bank's capacity to withstand transitional periods like we are in at the present time. 

These tests are conducted to prevent crisis interventions and collapse situations that could become a contagion to other Banks. 

Tighter controls on the new digital banking system is not only expected, but it will determine the compliance level a bank has in their standing going forward. 

© Goldilocks

https://bettermarkets.org/newsroom/basel-committee-must-stop-global-banks-from-continuing-to-cheat-on-key-regulatory-tests-and-endangering-financial-stability/

Shocking Rate of $28 per IQD?🚩Value of Dinar is There!🤔Dinar RV Updates ...

Five years in office: Nechirvan Barzani's theory of moderation, 13 June

Five years in office: Nechirvan Barzani's theory of moderation

This article was originally written in Arabic by Ali Hussein Feyli

Shafaq News/ During Nechirvan Barzani's inauguration as President of the Kurdistan Region in 2019, the media pondered a singular question: Could Barzani, with his pragmatic and centrist stance, armed with three decades of political experience, effectively navigate the internal and external relations of Iraq's Kurdistan Region?

While initially perceived as a catalyst for repairing strained ties post the September 25, 2017 referendum, the reality proved the challenges facing Barzani to be far more complex.

In the volatile landscape of the Middle East, where challenges loom large, three areas stand out: the fragility of Kurdish internal unity, recurring disputes between Erbil and Baghdad, and the broader regional and global challenges.

Barzani's moderate leadership has been commended for its judicious approach, with intellectual and political stakeholders within Kurdistan prioritizing pragmatism in decision-making. After five years of turmoil, Kurdish factions have finally embraced a phase of "moderation."

As the fifth anniversary of Nechirvan Barzani's presidency approaches, the influence of radical inclinations in both domestic and foreign policy in the Kurdistan Region has historically marginalized moderation as a viable approach. However, recent efforts to mobilize moderate factions to mitigate internal tensions, a strategy long advocated by Barzani, have garnered significant support across political and social spectra.

In the current landscape, Barzani has leveraged his political acumen to advocate for unity and solidarity in regional discussions. Despite initial hesitancy from some quarters in the Kurdistan Parliament, there is now a growing recognition of the necessity to uphold political equilibrium, leading to softened stances.

This shift towards moderation is seen as a cornerstone of Barzani's political ethos and daily governance strategies. Meanwhile, ordinary citizens in the Region continue to press for improvements in living standards and societal harmony, as well as enhanced local and regional cooperation to address longstanding issues between Erbil and Baghdad.

Given the Region's deeply entrenched history of political violence, terms such as interaction, tolerance, restraint, patience, and respect for human rights cannot be overlooked.

In the context of Kurdistan's political landscape, violence, and politics often appear as two sides of the same coin. In this regard, the President has intensified efforts to strike a balance between factions and foster consensus on balanced plans and policies. He has strived to solidify public solidarity and social affairs with minimal damage while managing tensions between political and social forces.

Barzani openly acknowledges that Iraq is not just a political entity but also comprises diverse artistic, economic, humanitarian, and social strata. The governance system in Baghdad cannot be likened to the Ba'athist regime, and the majority of citizens across Iraq share similar concerns to those in the Kurdistan Region.

President Nechirvan Barzani does not shy away from the fact that Kurdistan faces a long list of missed opportunities. Still, he is confident that setting goals requires a fundamental understanding of all possibilities to prevent plans from deviating practically from their intended path and causing disillusionment. In essence, the crucial and necessary point to highlight is the reality of the Region, which is something its adversaries do not desire.

In today's world, moderation and centrism hold a unique perspective on people's efficiency across all fields. Therefore, the President of the Kurdistan Region insists that Kurdistan's foreign policy today does not require noise and clamor. It has experimented with many theories and actions, and it is necessary to evaluate the results of these methods.

President Barzani does not hide the fact that the unity and sustainability of moderation in the current Kurdish political movement face numerous obstacles and challenges. Among the most significant is the political imbalance evident in the relationship between authority and society, as well as among political factions themselves. According to values and ethics, the primary question is: What is the impact of these challenges on the political stability of the Region?

Based on the political characteristics of Barzani's moderation, we can discern from the texts and contents of his statements a precise and deep-seated perspective on neighboring countries and the geopolitical potential of Kurdistan, as well as the internal situation. Understanding the realistic developments in the region, we observe that the world around us is different, and the search for external factors for the current situation in Kurdistan is not limited to a single political dimension.

However, they can be trusted from the outset because they meet two extremely challenging conditions: first, responsibility, and second, an attempt to change the current situation.

"RV UPDATE" BY TRUTH WARRIORS, 13 JUNE

 TRUTH WARRIORS

🇺🇸💥🇺🇸. The fiat dollar will die on Sunday, June 9.  💥💥💥. However, our financial system will be resurrected with our new U.S. Note which is gold backed! 🇺🇸💥❤️🇺🇸

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TRUTH WARRIORS

🇺🇸💥🇺🇸. Notifications released for Tier 4B in Brazil and Columbia……on Wolverines chat just now!  💥💥💥. Our turn will come sometime…..🇺🇸💥🇺🇸

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🇺🇸💥🇺🇸.Iraq and Germany making agreements for projects for private sector!  Sudani has been a very busy man!  🇺🇸💥🇺🇸👇👇

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🇺🇸💥🇺🇸. Interesting.  Currency companies told to stop selling foreign currencies in Iraq now in this window…….before what?  💥💥💥. Perhaps before the camper event?  Just supposition since that event is very close. 🇺🇸💥🇺🇸👇👇

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🇺🇸💥🇺🇸. Iraq is shifting to a gold backed currency!  This makes their dependence on oil to back their currency non relevant!  🇺🇸💥🇺🇸👇👇

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-truth-warriors-via-bearded.html