Coffee with MarkZ. 11/19/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

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 home, Mark... hope your travel was smooth

Member: Are we all feeling warm and fuzzy today?

Member: I hear Sudani told his citizens that he envisions the IQD being higher than the Kuwait dinar….

Member: Kuwaits dinar is at $3.25 right now- Sudani said the dinar will be higher.

MZ: He said the IQD would become the highest in the world. He said it would return to its pre-emanate spot in the wor

Member: Dr Shabbi said could support 16.00 in 2012!!!

Member: Is Iraq doing their census today?

Member: I think it starts tomorrow for a couple days. 

MZ: “Iraq Prime Minister: Tomorrow we will take an important step that has been delayed for years”  there has been one heck of a fight to stop this census. But an accurate census is extremely important. And they are making it happen so they can pass the HCL. I believe this is the last step before Iraq pulls the trigger. 

Member: Businesses, parliament are closed for a couple days…..and there is a curfew. 

Member: I believe the HCL includes payments to citizens from oil proceeds…..like what Alaska does. Every citizen of Alaska gets paid yearly checks by the oil companies. 

MZ: “Sudani: The census is the boundary between guesses and facts to distribute wealth according to fairer rules” There are some fun things going on in Iraqi politics.

MZ: This is huge:  “ Setting a date for the resumption of oil exports from Kurdistan from the Turkish port of Ceyhan”  They have set a date and will resume exports this year…..to me this means the HCL is done or very close to done. 

Member: (From Dinar Guru) Mnt Goat  ...the CBI is once again educating the citizens and merchants on how the new process will replace the currency auctions. In the article titled “PRIVATE BANKS ASSOCIATION: IRAQ TO ADOPT ADVANCED TRADE FINANCE SYSTEM BY END OF 2024” once again they explain how the new process will work. Quote:  “it is expected that by the end of the year there will be a transition to another more advanced and accurate system to enhance control over foreign transfers related to trade.”

MZ: “The future of international trade transactions in US dollars in Iraq”  they are also talking about BRICS and how it diversifies. The majority of trade is in USD…but its important to have options so they are expanding trade with many countries using the Chinese yuan and other local currencies…BRICS has given them opportunities to use other currencies besides US. 

Member: Any banker of historic bond news?

MZ: Unfortunately no. They are still eerily quiet. I am hoping today to be able to track contacts down and get some news.

Member: If they signed an NDA – no one should talk…..i like it when its quiet.  

Member: Is the Indonisian Rupiah still guestimated at $1.47?

MZ: That is what I am still hearing. I hope that is accurate. 

Member: Reminding  everyone again (so many new people here) you said long time ago when it happens you will have a special podcast to let us know.

Member: Anytime and any day…..Thanks Mark for being there for us. 

Member: How long will we have to make appointments after the RV?

MZ: I heard 30 days. But some contacts believe it will be more like 90 days.  

Member:  I wonder if we are waiting for a conflict or some event to cover this RV? Hard to believe we are still waiting.

Member: Christmas before Thanksgiving would be so nice this year so many hurting

Member: We need a group prayer for this to hit the finish line. Dear God, please bless our patience with an RV now, so we may have the ultimate Thanksgiving. Amen!

Member: Re-did my 2 week notice…..cannot wait to turn it in. 

Member:  Thank you, Mods! Thank you Mark!  Have a great day Everyone!

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

MILITIAMAN CC HIGHLIGHTS, 19 NOV

 MILITIAMAN CC HIGHLIGHTS

Summary

Iraq is preparing for a significant population census and ongoing digital transformation, focusing on combating corruption and economic reforms, including currency revaluation.

Highlights

• 📊 Census Dates: Iraq’s population census is set for November 20th and 21st, employing an electronic system for accuracy.
• 💻 Digital Transformation: Iraq is embracing digital tools to enhance governance and combat corruption.
• 🤝 International Relations: Engagement with global institutions, including JP Morgan, indicates international support for Iraq’s economic developments.
• 🏦 Economic Reforms: Discussions around the Islamic banking law signify efforts to modernize the financial sector and attract foreign investment.
• 💵 Currency Revaluation: Talks of deleting zeros from the dinar signal potential currency reforms to stabilize Iraq’s economy.
• 🚚 Trade Issues: A crisis at the Turkish border with stranded trucks highlights ongoing trade challenges affecting economic stability.
• 📅 Budget Planning: The government is focused on accurate census data to inform the 2024-2025 budget, aiming for transparency and efficiency.

Key Insights

• 🌍 Global Engagement: Iraq’s collaboration with international financial institutions showcases its commitment to modernizing its economy and governance. This positions Iraq favorably in the global market and enhances investor confidence.
• 🛠️ Digital Infrastructure: The shift towards digital solutions not only aids in accurate census data collection but also promotes transparency, potentially reducing corruption in government processes. This is essential for fostering a stable economic environment.
• 💡 Currency Revaluation Awareness: The educational efforts regarding currency revaluation indicate that Iraq is preparing its citizens for upcoming changes, which could significantly impact the economy and personal finances. This proactive communication is crucial for public trust.
• 📈 Economic Diversification: Emphasizing non-oil revenues and the importance of electronic automation suggests a strategic shift that aims to reduce Iraq’s historical dependence on oil. This diversification is vital for long-term economic stability.
• 🔍 Transparency in Governance: The commitment to adhere to principles against corruption reflects a growing focus on governance that prioritizes integrity and accountability, essential for attracting foreign investment.
• 🚧 Trade Dynamics: The ongoing trade disruptions, such as the situation with stranded trucks, highlight the complexities of Iraq’s trade relationships and the need for strategic resolutions to enhance economic flow.
• 📊 Budget Transparency: Accurate census data is crucial for informed budget planning, signaling a move towards fiscal responsibility and better allocation of resources, which can ultimately benefit the Iraqi populace.

NADER FROM MID EAST: lets have fun

A Source Reviews The Factors That "Undermine" The Goals.. What Is Behind The Efforts To Form The "Central Gas" Company?, 19 NOV

A Source Reviews The Factors That "Undermine" The Goals.. What Is Behind The Efforts To Form The "Central Gas" Company?

Policy  2024-11-18 | 909 views  Sumerian News-Politics  An oil source recorded several observations today, Monday, on the efforts to establish the "Middle Gas Company", considering that establishing this The company It is useless and his motives are to find a new outlet for positions.

Policy  2024-11-18 | 909 views  Sumerian News-Politics  An oil source recorded several observations today, Monday, on the efforts to establish the "Middle Gas Company", considering that establishing this The company It is useless and his motives are to find a new outlet for positions.

Documents I reviewed showed Sumerian News, Member Submission Committee Oil and Gas Parliamentary Haibat Al-Halbousi requested prime minister Last July, the Central Gas Company was established based on the fifth and sixth licensing rounds and what Anbar will witness in terms of developing exploratory areas amounting to 9 gas areas.

In addition to another letter from the Minister of Oil, Hayan Abdul Ghani, which includes a study and recommendation to establish the Central Gas Company, similar to the Gas Company.

North And the Southern Gas, and is responsible for the exploration and development operations of the gas formations in Baghdad Anbar, Diyala, Wasit, Karbala, Najaf, Babil, and Diwaniyah.

But Source The informed oil expert, who spoke to Sumaria News, refusing to reveal his identity for reasons related to his work, said, “The mentioned number of exploration blocks is exaggerated and does not amount to 9 blocks in Anbar, but rather one block that was referred to a company that is not specialized in exploration and development. In fact, Anbar only includes the Akkas field, which was referred to a fictitious company,” he said.

He consideredSource“Managing a single field or a field with an exploration area does not require the establishment of a new company in the presence of the Central Oil Company, for several reasons, including technical reasons, as it is not possible to provide the necessary cadres to manage...

The company From Anbar Governorate, it is impossible for the cadres to move from North or South" To live in Anbar Governorate in the current situation, as evidenced by the fact that all the workers in the Akkas field currently are from Anbar and are only recent graduates who do not have any technical experience."

He added that "the current volume of work does not rise to the level of establishing a formation larger than a department, in addition to financial reasons, as establishing a company requires establishing very many financial grades and providing very large financial allocations to cover salaries and allowances that we do not need at the present time in light of the financial crisis and job slack and the presence of the Central Oil Company, which is doing its duty to work without the need to expand job grades."

In addition, there are administrative reasons according to Source He pointed out that "establishing a new company will increase the burden on the ministry in following up on work due to the dispersion of the source of information instead of concentrating it in one source."

He considered that linking the establishment of this The company Similar to the organizational and administrative structure of the two gas companies South And the north, this is not possible, because the gas company South It receives associated gas produced from the Basra fields, all of which are located within one geographical area, as is the case for gas North “Which receives gas from the Kirkuk fields, which are located in one geographical area,”

he added. “As for the central oil fields, they are distributed across 8 governorates, and it is not possible in any way to link all of these fields due to the vast geographical areas in which they are located,” noting that “the scope of work of the two gas companies is North

The south is for processing and manufacturing associated gas to obtain secondary products such as liquid gas, sulfur, dry gas, etc. (i.e. they are considered central processing stations) and they are not responsible for extracting gas, as it is the responsibility of extraction companies.

He explained that “in the central oil, the gas is completely processed in the fields of Al-Ahdab, Badra, and Sharq.BaghdadThe Akkas and Mansouriya projects also include treatment stations (meaning that treatment is carried out on-site in each field and according to modern international specifications), so there is no additional untreated gas to be sent to a new company for treatment purposes.”

He considered that “what was stated in the letter of the Ministry of Oil that the quantity to be invested by thisThe companyThe figure of 3,500 million cubic feet is a number that must be reviewed by the specialized departments in the ministry, as it is very far from the truth and it is impossible to have such numbers to be provided to this.

The company"New," considering that "what was mentioned above shows that there are no technical, financial, or administrative goals that require the establishment of a new gas company, but rather the goal is a political goal, perhaps for the purpose of exploiting positions and job grades," he said.  LINK

RV UPDATE BY TEXAS SNAKE, 19 NOV

 TEXAS SNAKE 

STILL HEARING BY THE 25TH.

TEXAS SNAKE

Banker advised he will call if announcement will occur within 24 hours or text me if it will be latter in the month but he is encouraged we will talk.

https://dinarevaluation.blogspot.com/2024/11/rv-update-bytexas-snake-11-nov.html

MM&C-News-Report-Census-Global Transparency-Budget-Trade-Banking-Delete ...

Iraq Rejects “COP29” Proposal: We Will Not Get Rid Of Fossil Fuels, As They Are The Basis Of Our Economy, 19 NOV

 Iraq Rejects “COP29” Proposal: We Will Not Get Rid Of Fossil Fuels, As They Are The Basis Of Our Economy

Energy   Economy News – Baghdad    The head of the Parliamentary Health Committee, Majid Shankali, confirmed that Iraq rejects the idea of ​​getting rid of fossil fuels, which was a prominent title at the “COP29” climate conference, explaining that the Iraqi economy depends mainly on fossil fuels, pointing to Iraq’s strong role in the conference, especially since it will chair the “G7 Plus” summit with China in the next session.

Global voices and demands are rising to gradually eliminate fossil fuel operations and oil and gas projects in oil-producing countries, due to the pollution they cause, and replace them with alternative energy sources such as (solar - wind - water - thermal)

In a statement to the official agency, followed by "Al-Iqtisad News", Shankali said, "The participation of the parliamentary delegation in the COP29 conference came to follow up on the work of the negotiating delegation and keep pace with the latest developments in the conference, "

indicating that "the climate conference focused on important issues, most notably the gradual elimination of fossil fuels, which is one of the main pillars of the Iraqi economy, which we completely reject."

Shankali continued, “There is a proposal from Azerbaijan to support developing countries by oil countries, but this proposal was rejected, because most of the oil-producing countries are themselves developing countries.”

He pointed out that "the active political presence of the President of the Republic, undersecretaries of ministries and executive bodies, in addition to the legislative support of the Iraqi Parliament, strengthens Iraq's position in these conferences, especially since it will assume the presidency of the G7 Plus summit with China in the next session."   https://economy-news.net/content.php?id=49961