Thursday, October 24, 2024
MP Reveals Strategy To Achieve Self-Sufficiency In Petroleum Derivatives, 24 OCT
MP Reveals Strategy To Achieve Self-Sufficiency In Petroleum Derivatives
Information/ Baghdad.. Member of the Parliamentary Oil Committee, MP Ali Saadoun, revealed on Thursday a strategy to achieve self-sufficiency in oil derivatives in a southern governorate.
Saadoun said in an interview with Al-Maalouma, "Maysan Governorate comes after Basra in crude oil production, which reaches 600 thousand barrels per day, and despite the presence of a refinery, it does not cover its needs for oil derivatives.
He added, "The Ministry of Oil has begun adopting a strategy, the first stage of which is to add a unit with a capacity of 70,000 barrels per day to the Maysan refinery in order to produce larger quantities of petroleum derivatives, especially gasoline and kerosene."
He pointed out that "achieving self-sufficiency in petroleum derivatives will create high flexibility in providing needs throughout the year without any difficulties, especially with the growing rates of demand for various types of fuel."
It is noteworthy that the Maysan refinery consists of 4 production units with different capacities, which provide the largest part of the governorate’s needs for petroleum derivatives.” LINK
ABOUT 2 ARTICLES CONCERNING THE STOCK MARKET REFORMS BY MNT GOAT, 24 OCT
What else is in the news?
In speaking about the Pillars of Financial Reforms, I am referring now to two articles concerning the Stock Market reforms.
😊 The first article talks about obligating all licensed exchange companies under categories (A, B) and all licensed brokerage companies of category (C) to buy and sell foreign currencies to obtain a specialized certificate for their companies’ work. This is all good as it shows the CBI is adding yet another safeguard of the Iraqi Stock Exchange (ISX) from corruption. It is titled “SPECIALIZED COURSE IN THE WORK OF EXCHANGE AND BROKERAGE COMPANIES (A, B, C)”
😊 Then in another article they tell us the market value of listed companies on the ISX increased in market Iraq for securities to exceed the 20 trillion dinar barrier for the first time Iraqi supported by the banking sector. I want to point out that the articles says “supported by the banking sector”. Do you see now how the Financial Reforms support each other and are an important foundation for what is to come next?
What is to come next?
Could it be the currency reform? Yes, the Financial Reforms will have to be put in place for the currency reforms to be implemented. Again, the foundation must be laid before we can see the currency reform process. Go read the article titled “INCREASE IN THE MARKET VALUE OF COMPANIES LISTED ON THE IRAQ STOCK EXCHANGE”. Go read it.
Yes, so I am going to be persistent in drilling the Pillars of Financial Reforms into everyone’s head. I am relentless as this is the CBI talking to me asking now to tell you the TRUTH. This is how and ONLY how we are going to see the reinstatement. This groundwork or foundation work must first be laid and it is being accomplished as I write this Newsletter. Get it?
What else is in the news?
😊 Croatian PM: Iraq represents an important opportunity for development and investment in the energy and oil sector
😊 EdgeNext and Commercis announce Partnership for Iraq Expansion. According to a press release, this collaboration will enable the expansion of EdgeNext’s cloud delivery services throughout Iraq, “bringing transformative improvements to the country’s digital landscape.”
😊 US Ambassador discusses with Oil Minister reopening Iraq-Türkiye pipeline. US Ambassador Alina Romansky discussed with Oil Minister Hayan Abdul-Ghani the reopening of the Iraq-Turkey pipeline today, Friday.
😊 Al-Sudani: Investment opportunities exceeded $100 billion and industrial cities were established in Baghdad. Prime Minister Mohammed Shia Al-Sudani held a meeting yesterday, Monday, with the Chairman of the Egyptian Al-Suwaidi Group of Companies, Ahmed Al-Suwaidi, and a group of directors of Egyptian industrial and commercial companies, in the presence of a number of advisors to the Prime Minister.
During the meeting, Al-Sudani pointed out the expansion of economic cooperation between Iraq and Egypt, especially in partnerships with the Egyptian private sector, stressing that the investment opportunities offered in Iraq,
😊 Next, I want to bring one more bit of news to you that I consider a very good explanation of exactly what I have been telling you about the phased approach to reforms all in one article. It is a VERY GOOD summary of it all. Please take the time to go read it. I talked more about this in my Tuesday 10/22 Newsletter. Of course, I can also say I showed you all of this in various articles from the past. Do you remember? The title of the article is “BANKING REFORM METHODOLOGY AT THE CENTRAL BANK (2016-2026)”. Yes it is a WOW! article.
I quote from the article –“The steps of banking reform that the Central Bank has been taking since 2016 began when Mr. Ali Mohsen Al-Alaq was appointed Governor of the Central Bank of Iraq on 9/9/2014, which is a difficult and complex stage in Iraq’s security and economic history.”
So, you see this is why my CBI contact told me Ali Alaq was not going anywhere when he pressured them to accept his methods of reform or he would resign. The pressure to get him to resign did not work. The good guys in the government did not accept his resignation and instead they are now only following and supporting his plan even more. But who wanted him to resign in the first place?
It was, of course, the Iranian backed politicians in the parliament. Can you see it now? Can you see the corruption of the politicians on one hand who do not want Iraq to move ahead? Like in the U.S. they seeded these corruption politicians in the government through the free elections, which they probably rigged. Can you see why it is taking so long to get back on FOREX? Yes, it’s a long road and they are literally “slugging it out” to get there. But they will succeed and we are seeing their success in every one of my Newsletters. We all know what the final “prize” is, don’t we?
Coffee with MarkZ joined by MM and Crew. 10/24/2024
Coffee with MarkZ joined by MM and Crew. 10/24/2024
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 Mark, Mods and fellow RV’ers
Member: Hi to all. Just stopped in to see what condition our condition was in
Member: Happy Thursday!! Please let it be our day/weekend.
Member: I wait, I wonder, I sigh, When will it come? Is it near? The hours crawl, the days feel slow, Time drips like raindrops, steady and slow. A question lingers - When will the RV finally arrive?
Member: Take it Wednesday was not what you hoped?
MZ: On the bond side – I am not sure I can share what I learned…but it sure makes seeing the EBS this weekend seem possible.
MZ: Based on what I am hearing on the bond side I would expect, guess, believe-IMO that between now and Nov. 6th we will be seeing different rates and doing some banking .There is a really good chance based on what we are hearing right now.
Member: Read between the lines and you know what Mark isn't able to say
MZ: I am going to ignore your questions today if you push hard on things I cannot answer.
Member: Have your sources ever been correct Mark?
MZ: Yes they have been correct a lot of times on a lot of different things……..unfortunantly we just have not RV’d yet
Member: BREAKING: Iraq joins TIR of WTO
MZ: And I am hearing from Iraq that the HCL law may be voted on this weekend. Hope its true
MZ: “ Prime Ministers advisor : 85% of Iraqis receive salaries from the government” I had no idea the number was that high. That is a stunning figure.
Member: Can you explain the Islamic banking that I’ve read about?
Member: Under Sharia Law, banks are restricted to the interest they can charge in loans or credit cards. Deposits are safe
Member: I read Islamic banks don't require reporting your deposits to the US. Gets around Fatca.
MZ: They have a higher standard of banking then here in the west.
Member: New Speaker for Iraqi parliament to be voted on Saturday?
Member: BRICS is supposed to have a big announcement today.
MZ: And they have already announced so much . They have shown us what the new BRICS cash looks like…..They have added 12-13 new partner members (not full membership yet) Things are getting juicier.
Member: At least the BRICS talk has finally become mainstream...
Member: supposed to be 150 countries at BRICS summit to not use fiat after today
Member: Putin was walking around showing the new BRICS money
Member: Jeff Rahm says this is our week….saying EBS this weekend.
MZ: I am hearing that is possible too…..Doesn’t mean it will happen…but I am hearing that
Member: Who is Jeff Rahm?
Member: Jeff is Jeff Rahm, Possible Trustee of Rodriguez fortune.
MilitiaMan joins the stream today… Please listen to the replay for his opinions and information
Member: What happens if Iraq and Zim go alone what do we do with the rest of the foreign currencies we have are they going to allow us to have a second appointment to bring those in.. very confused?
Member: They would have to ..imo
Member: I just hope the zim and bolivar are in the first basket
Member: Heard of the WISE card? Easy to set up, I have VND and IDR currency sitting in there waiting for RV. Tell friends $20 can get them lots of VND. Easy to transfer to USD when they have RV
MZ: I believe about 20% of our members already have WISE accounts.
Member: Turn on EBS and let chips fall where they may!!
Member: Good things come to those that wait and God knows we have done that!
Member: I feel like something is about to pop off like a champagne bottle!
MZ: We will have Dr. Scott Young on tonight.
Member: Your watching amazing progress happening...more than ever...hang in there...Our Worldwide RAINBOW is AHEAD
Member: Thank you Mark and MilitiaMan for all your encouraging news. May all our dreams come true very soon.
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
Where these past news about Iraqi DEBIT Cards with rates on them real of fake? BY MNT GOAT, 24 OCT
Where these past news about Iraqi DEBIT Cards with rates on them real of fake?
Another reason I find this article and video interesting is that it debunks yet more of the lies these intel gurus have been telling you for years now about some fictitious debit cards being used in the U.S. with an RV’d rate on them. I have to tell you this was all just lies and this article proves it now. Yes, the lies always catch up to the liar eventually.
Think, think, think! Now you know the truth that such cards didn’t ever exist just like I told you years ago could not exist. You simply can’t put a rate for a currency on a debit card. The rate is controlled by the currency exchange or the CBI (official rate) whichever one they are linked to. Either way, the rate is determined at the bank, when the transaction goes through at the bank when the card is used. Get it? READ MY LIPS – NO rate on the card. Not possible and common sense even dictates this.
Next, we read from this article that ONLY now are the banks finally issuing these debit cards that can be used globally, such as in the U.S. So, who was lying to you years ago and you all sucked up to the lies and went off half-cocked believing all this hyped-up nonsense about these cards? Yes, it was all for nothing. Just more TNT bullshit nonsense. Again, the lies always seem to catch up with this guy Tony Renfrow and his side Kick Tonto ( I mean Ray) lol..lol..lol.., the master minded con men.
Next, we can interpret these electronic debit cards as yet another move by Iraq to open up to the rest of the world. So, what is the first thing that should come to you mind when you read this article today? It should tell you yet another move out of the sanctioned- mode that Iraq has been in just occurred. Thus they are joining the world stage again but bigger and better this time. Get it? Yes, it is slower than we want but it is happening right in front of our noses now. The choo-choo train just made yet another stop. I rest my case…… 😊 choo-choo! Go read the article!
TO BE CONTINUED
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