Coffee with MarkZ. 07/23/2024

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: Welcome to Terrific Tuesday everyone

Member: I know we were told things would get crazy toward the end, but seriously?

Member: Change is the only constant in life. Your ability to adapt to those changes will determine your success in life.

Member: Any RV news today? 

MZ: Some interesting historic bond stuff. I am hearing comforting things from the bond side and this is coming from many sources….that historic paperwork –especially on the Asian bonds was sent to the Hague.

MZ: I am also hearing the only reason the RV did not go over the weekend was fights over the value of some old German bonds. But things are now “unstuck” and seems to be moving much quicker now that the current administration is no longer delaying things . They are too preoccupied to keep slowing and stopping things right now.

Member:  ​​those bond guys are getting tortured........just like us

MZ: In Iraq It’s been quiet over the weekend. Groups are very quiet and nothing from CMKX. 

Member: I wonder if Iraq is quiet is because it's all done and nothing else to report?

MZ: Yes… I very much think they have done everything they needed to do….and they are waiting on us…

Member: could Iraq still go first and alone?

MZ: I am still being told they all go at one time. 

Member: besides Dinar, Bolivar, dong and Rupiah, what other currencies are going at one time?

Member: I would say Zim and maybe the Iranian rial?

Member: List I had saved from last year: Might be changes since then…..: 1. US 2. UK 3. Kuwait 4. Canada 5. Mexico 6. Russia 7. China 8. Venezuela 9. Iranian Rial 10. IRAQ 11. Indonesia Rupiah 12. Malaysia 13. Vietnamese 14. Brazil 15. Saudi Arabia 16. Qatar 17. United Arab Emirates 18. Turkey 19. Afghanistan possibly20. India 21. Libya 22. Japan23. Zimbabwe (current currency

Member: 1st basket goes all at once? Other currencies will go when the countries are ready… 2nd basket etc will trickle out when they are ready, correct?

Member: ​​Many in the Iraqi parlimant dont want the RV according to Frank

Member: Rumors that Iraq will have a new Speaker of the House today or Thursday

Member: The debt clock is showing the Federal Reserve is "creating" $8300/second out of thin air...

Member: Mark: is tier 4B getting closer?

Member: if bonds go….we in 4b should be hours or a few short days behind them.

​​Member: Digital 1st, this weekend, then currencies  backed by Digital gold, then currencies RV. That's my take. Once RV of crypto and exchange as gold backed, then no taxes, precious metals not taxed.

Member: This week into the weekend would be awesome! Let's do it!

Member: Timing is relative people remember that so be patient and prepared 

Member: Could the RV still happen this month?

Member: B prepared to have to wait until after the elections……just imo…..but makes sense. 

MZ: I am still hearing July is very much still in play. 

Member: will we still have the rumored 10 days of darkeness?

MZ: No part of me thinks there will be 10 days of darkness. But they could possibly take control of social media. There may be temporary outages in certain towns while they clean things up….but everything will not be out for 10 solid days….That is what I was told from the beginning from people who should know….. 

Member: Mark, my military intel contact is warning of an EVENT tomorrow the 24th

Member: Mark, is there anything that we may say or do during our appointments to screw our selves up?

Member: May you all have an honestly amazing day!

Member: The best is yet to come.

StacieZ joins the stream today. Please listen to the replay for her information.

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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How much longer are we going to hear this stagnating talk? BY MNT GOAT, 23 JULY

MINISTER OF FINANCE: THE GOVERNMENT IS WORKING TO CREATE AN ATTRACTIVE ENVIRONMENT FOR FOREIGN INVESTMENTS

Finance Minister Taif Sami Mohammed confirmed on Sunday that the government is working to create an attractive environment for foreign investments.

The ministry said in a statement, which it reviewed, “Minister of Finance Taif Sami Mohammed received a delegation from the US Embassy to discuss ways to enhance economic and financial cooperation between the two countries, in addition to discussing a number of issues of common interest.”

According to the statement, Sami stressed “the Iraqi government’s keenness to strengthen its relations with the United States in various fields, including the economic and financial field.”

She pointed out that “Iraq has great economic potential, and that the Iraqi government is working to create a favorable investment environment to attract foreign investments .”

For its part, the delegation stressed “the United States’ readiness to support Iraq in its efforts to achieve economic development,” expressing its welcome for “cooperation with Iraq in various fields, including the financial and business sector.”

The statement added that “the meeting also discussed the challenges facing the Iraqi economy, ways to enhance US investment in Iraq, and cooperation in the field of combating money laundering and terrorist financing.”

(Yes, and the WTO asked Iraq to modify their investment law years ago, to which as of today, has not yet done so. How much longer are we going to hear this stagnating talk. How about doing it? )

WOLVERINE LIVE CHAT, 23 JULY

 WOLVERINE LIVE CHAT – JULY 22, 2024 

It is Tuesday afternoon, and it is very cold. I am letting you know the Precatorios has started today from 3 o’clock onward and will actually be releasing their opera. They sent a note saying, “Tomorrow we will have a wonderful complete opera concert. 

“They will send me their opera so their people can celebrate Finally a huge platform is going to be releasing funds to many people with billions of dollars involved.  A lot of people will be astronomically blessed. 

Reno and Zurich are moving. Some whales are flying to Zurich, one huge whale is now purchasing his airline ticket to fly down there. 

We are waiting to hear more news from bondholders. Waiting to get the miracle call this week. 

Nothing for 4B group - this is a letdown. I was told that some 4A  groups have received payments, but not liquid money yet.  It is a start. Hopefully, those accounts will become liquid this week.  

That is about it, the big news is that the Precatorios have started. I talked to the owner and he said “Wolvie, I am at the bank at the moment”  they have their green light and they will be released by tomorrow.  I am waiting to receive the call so I can fly out. When that happens Carpathia and Shelby will be looking after the channel.  I  hope to have better news for all of you tomorrow.    

Story about a couple I just received: This couple were just about to hand over their  house as they could not afford the mortgage, and that same day they saw the figures for their mortgage and they had zero balance, their account has actually been cleared, so maybe Nesara is working and people are getting there accounts cleared   this was the same day they were to lose their home and this miracle occurred.   

Iraqi Dinar Guru News Highlights (7/23/24)

The World Trade Organization opens its doors to it.. The Iraqi economy returns strongly to international competition, 23 JULY

 The World Trade Organization has accelerated Iraq's steps to join it, following the resumption of negotiations that had been suspended for more than 16 years. The Iraqi delegation is preparing for the next round of negotiations that are expected to resolve this issue, which will open up global trade horizons for Iraq and return it to strong economic competition, in the region and the world, under a multilateral economic system.

According to official officials, the government of Mohammed Shia al-Sudani has only addressed all the previous obstacles that prevented Iraq from joining the international organization, as for the first time the import program was voted on, which includes setting controls for chaos and identifying real traders, in addition to other details related to customs tariffs as well as the necessary legislation for it.

Economic reform and exchange rate adjustment

 Economic expert Naji Al-Obaidi, in an interview with Al-Ahd News, believes that Iraq’s accession to the World Trade Organization will have positive effects, attributing this to the fact that “it will increase pressure on the government to initiate the long-awaited economic reforms.”

Al-Obaidi added that "the World Trade Organization usually intervenes in the exchange rate policy when the concerned country deliberately keeps the value of its local currency low in order to improve the competitiveness of local production and encourage exports at the expense of foreign goods," indicating that "this does not apply to Iraq, where previous governments resorted to raising the exchange rate of the dinar in an artificial and arbitrary manner with the aim of gaining political and popular support."

He pointed out that joining the international organization would contribute to controlling this file.

Customs restrictions and agricultural support

In this regard, the financial advisor to the Prime Minister, Mazhar Mohammed Salih, stated in an interview with “Al-Ahd News” that Iraq has adopted broad open policies towards the world since 2003 and has sought to establish important economic and legislative rules that operate according to the mechanisms of the market system

Most of which have helped improve Iraq’s foreign trade, after an economic blockade that lasted for more than a decade and led to Iraq’s marginalization on the map of the global economic system and deprived it of investment opportunities, progress, development and technological knowledge that should have helped it confront the rapid developments and changes that international markets have witnessed and whose competitive capabilities have changed
dramatically over the past two decades at least.

Saleh pointed out that "the World Organization imposes on the new members of the developing countries group to work under conditions, the first of which is to reduce customs restrictions by 24% and cancel non-customs restrictions for a period of 6 years from the date of joining, and the second is to reduce agricultural support by 13.3% over a period of ten years from joining."

 Saleh explained that "these regulatory conditions of the World Trade Organization clash with the conditions and situations of the agricultural market and the global food stock exchange itself. If we look at the agricultural monopolies in the world in light of the deterioration of agricultural development in Iraq, we find a real threat to national food security that restricts the country in the event of joining the organization unless it is preceded by starting or following an agricultural program for self-sufficiency immediately.

We will really need a green revolution similar to what Mexico and many Latin American countries have done, especially if we know that there are between 3 and 6 major monopolistic companies in the world that control 80 to 90% of agricultural crop trade and control prices and quantities such as wheat, sugar, tea, coffee, cotton and jute, at a time when ten multinational companies still dominate a third of the production and trade of seeds and pesticides in the world."

Breaking international isolation

Saleh pointed out that "despite the above, Iraq's entry and integration into the global economic space through the World Trade Organization and its dealings with international groups on terms that apply to everyone from a formal standpoint at a time when the world is still divided between the countries of the North and the South or the countries of the advanced industrial center and the developing periphery, Iraq has no choice but to leave its international isolation that it inherited since the siege and placing Iraq under the burden of Chapter Seven, the effects of which still provide a negative economic environment hostile to development and perhaps obstructing natural integration into the global market."

Accelerate joining steps

For his part, Minister of Trade Athir Dawood Al-Ghariri confirmed the resumption of negotiations for Iraq’s accession to the World Trade Organization and the acceleration of its steps, which is a qualitative event and a confirmation of what the government promised through its program to reform the economic situation, considering the private sector an essential part and the backbone of the Iraqi economy.

Al-Ghariri said in a statement followed by "Al-Ahd News" that the fourth round of negotiations will be held during the first quarter of next year, stressing that this acceleration means that the negotiations are proceeding very quickly towards Iraq's accession to the World Trade Organization, considering Iraq an important economic bloc and all countries keen for Iraq to return as an economic player in a multilateral system.

For his part, the Saudi Ambassador to the World Trade Organization, Saqr Abdullah Al-Muqbil, said that there is a positive view that we will find Iraq joining the multilateral trading system as it is one of the largest economies outside this organization, and Al-Muqbil confirmed that "the Kingdom of Saudi Arabia has a priority that Iraq's desires to join the organization be fulfilled.  LINK

"Iraq to Expand National Maritime Fleet" BY GOLDILOCKS, 23 JULY

 GOLDILOCKS

Announcement: "Iraq to Expand National Maritime Fleet"

Their plans are to add eight more ships between now and early next year. These commercial vessels will go a long way towards demand for what Iraq can supply.

Commercial vessels can carry a variety of cargo including:

* General cargo: Packaged items like food, furniture, machinery, and clothing

* Containerized cargo: Items shipped in truck-sized containers

* Wheeled cargo: Cars, trailers, semi-trailer trucks, railroad cars, and buses

*Oversized cargo: Vehicles and heavy equipment

* Refined products: Petroleum, diesel, asphalt, jet fuel, tar, and lubricating oil

* Non-petroleum bulk products: Palm oil

* Military cargo: Specialized ships like LMSR can transport military cargo

This increase in demand for Iraq's offerings will begin to put price pressure points on their currency. 

The ships are not small in any way, and they can carry a lot of goods and offerings that will bring more prosperity to Iraq.

Watch the water.

© Goldilocks 

https://www.iraq-businessnews.com/2024/07/17/iraq-to-expand-national-maritime-fleet/

https://seaaffinity.org/what-is-a-commercial-vessel/

https://ifa-forwarding.net/blog/sea-freight-in-europe/types-of-cargo-shipped-by-sea-freight-transport/#:~:text=The%20main%20categories%20of%20cargo,liquid%20bulk%2C%20and%20container%20cargo.&text=Containers%20are%20used%20to%20ship,clothing%2C%20televisions%2C%20and%20toys.

Breaking News: New Dinar Rates Update! Is It Finally Happening?#iraqidin...