MZ: I am excited on what we are seeing coming out of Iraq as of late.
MZ: On the bond side just hearing more from them saying this is our week. I am still looking for something more to sink my teeth into.
MZ: On the bond side …groups are aggregating other bonds to go after the German bonds. Zim bonds are on that list for next week……and I got a report that Dragon bonds are being pulled together as well. At least we are starting to get some activity other than German bonds. .
MZ: From the Redemption /wealth management side-They are ready and working and they are being told to stay close. They do not yet know timing
Parliamentary Committee Talks About Economic Reform Law: It Reached Parliament Months Ago
Policy 2024-10-17 | 172 views Sumerian News – Politics Expected Committee Economy, Industry and Trade Parliamentary Committee, voting on the economic reform law during the next few days.
He said Deputy Committee Chairman Yasser Al-Husseini said, “The law reached the Council months ago. ”Representatives In general and to Committee The economy in particular, and it includes all laws that include the economic aspect,” according to the newspaper. the morning Official.
He added, "The committee held many workshops at all levels, whether for businessmen or industrial and economic experts," stressing that "the committee is proceeding with reading this."the lawAnd work on voting on it during the next stage in cooperation withCommitteesOther specialists.”
Al-Hussaini pointed out that “there are observations, whether fromRepresentativesOr by experts, and it will be included in a paper prepared alongside the law,” noting that “the committee is determined to vote on it with the available capabilities for what it deems important in this.”the lawWhich can bring about a major reform in the country's economic reality."
He also stressed "the importance of the Industrial Investment Law for the public and private sectors, to accurately diagnose this partnership," indicating that "the contracts concluded in accordance with thisthe law“It will be beneficial and profitable for both parties, unlike some contracts that have more negatives than positives in the industrial sector, which oblige the state to long-term, impossible conditions.”
He continued, “The committee is proceeding with voting on the industrial investment law, which is no less important than other laws, despite some objections that have prevented voting on it so far,” stressing that “the final stage of voting has been reached after consensus was reached between the political blocs objecting to its wording.” LINK
MIKE BARA Tues. 15 Oct. 2024 Mike Bara The Bondholder’s team was told they would be “contacted” about the funds process in the “midnight-to-midnight” window.
Turns out they were.
They have now been told that funds are good to release starting tomorrow Wed. 16 Oct. 2024.
Prime Minister Mohammed Shia Al-Sudani chaired on Thursday a meeting on efforts related to the development of the work of the government banking sector, in the presence of representatives of Ernst and Young Audit and Financial Consultancy Company.
A statement from the Prime Minister’s Office, a copy of which was received by {Al-Furat News}, said that “during the meeting, a package of recommendations was presented from the company to proceed with the reform of Rafidain Bank, which included the new legal status of Rafidain Bank, its capital, its work strategy and the new consultant who will work with the bank to meet the global requirements for modern banking, as these recommendations will be submitted to the Ministerial Council for Economy to then submit them to the Council of Ministers for approval.”
“The issue of structuring the Rafidain Bank is the beginning of the government’s banking reforms, which has given special attention to the follow-up of all its reports, submitted by the concerned authorities, especially from the Committee concerned with the restructuring process,” he said.
The Prime Minister stressed “the importance of the banking sector reform project, which started from Rafidain Bank, pointing to working to provide a bank with specifications and standards through which problems can be overcome and give confidence to citizens, in addition to strengthening cooperation with local and foreign investors.”
😊 Also in the news is more about the reforms in the Iraqi Stock Market (ISX) and the success of them so far. Also some new reforms coming to help it even more. Two articles worth reading titled: “A QUALITATIVE SHIFT AND AN INCREASE IN TRADING.. SECURITIES ANNOUNCES THE LAUNCH OF A NEW WEBSITE FOR THE IRAQI MARKET” and also “BAGHDAD REACHES AN UNDERSTANDING WITH THE DOHA STOCK EXCHANGE”.
Both of these article can also be “WOW!” news in themselves s we can see how these reforms fit into the bigger picture on the Pillars of Financial Reform that we read so much about in the White Paper and must first take place to get to the Reinstatement back on FOREX, as they told us must happen first that will lead the dinar back to FOREX.
Again, I am telling you the reinstatement back to FOREX is just a result of the execution and work of the reforms. It is a byproduct of theWhite Paper.Get it?
It must take place, if the reforms are successful. So, why not follow the reforms and see where they are and what they are doing.
What can we as investors do right now?
Pray and pray that nothing will mess this up….
Be very patient….
Do not sell you dinar….
No more intel guru talk….
No more NESARA / GESARA crazy talk
Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
Don’t over speculate and set unjustified expectations
I know the path to this reinstatement and I don’t have to speculate or guess.
If you are faithful follower of my blog you then clearly see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because the aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap.
It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, we must stay grounded as this RV is coming to a closure and there is not much longer to wait..
