Saturday, November 30, 2024
Minister of Commerce sets date for opening shopping malls, 30 NOV
Minister of Commerce sets date for opening shopping malls
Minister of Commerce, Athir Dawood Al-Ghariri, announced on Thursday the opening date of hypermarkets at the beginning of next year, while indicating that the prices of goods and food items will be competitive and 20 to 30 percent lower than the market.
Al-Ghariri said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "there will be major measures during the next two months to create real competition, as the shopping complexes have revived the central markets previously through (hypermarkets) by selling food and all goods at competitive cooperative prices that are 20 to 30 percent lower than the market."
He said, "The shopping malls will be opened on 1/1 of next year, as we will enter a new year of great achievements."
Al-Ghariri added, "The citizen can go to the existing shopping malls, as they are cheaper than the market at the official price," noting that "the supervisory and security agencies will hold accountable violators and weak-willed people who manipulate the prices of goods and food items." link
DINAR REVALUATION REPORT : THE MULTIPLE TRANSFORMATIVE EFFORTS OF IRAQ DURING THIS 2024 YEAR THAT MARK THE BEGINNING OF A GOLDEN ERA IN IRAQ, 30 NOV
DINAR REVALUATION REPORT : THE MULTIPLE TRANSFORMATIVE EFFORTS OF IRAQ DURING THIS 2024 YEAR
Highlights of Iraq's significant progress and the promising future of its economy, driven by multiple transformative efforts. Here's a breakdown of the key elements:
Modernization of the Banking Sector: The adoption of electronic payment systems is key to boosting financial inclusion, efficiency, and access to financial services across the country. This is an essential step toward integrating Iraq into the global digital economy.
Introduction of Indexed Bonds: By launching these bonds, Iraq can attract domestic and international investment, providing the government with additional financial resources while potentially stabilizing the national currency and controlling inflation.
Economic Diversification: Iraq is taking steps to reduce its reliance on oil by exploring new sectors such as agriculture, manufacturing, and tourism. This diversification strategy can help cushion the economy against global oil price volatility and create sustainable long-term growth.
Infrastructure Development : The focus on upgrading transportation and energy networks is crucial for improving internal connectivity and facilitating trade. Well-developed infrastructure also supports economic activities across sectors and boosts competitiveness.
Increase in Gold Reserves: By bolstering its gold reserves, the Central Bank of Iraq is enhancing the country's financial stability. This not only reassures investors but also strengthens the country's monetary position against global financial uncertainties.
Anti-Corruption Efforts: A reduction in corruption and improved transparency are vital for creating a more favorable business environment, attracting foreign investment, and fostering long-term economic growth.
Together, these initiatives position Iraq on a path toward a more diversified, resilient, and prosperous economy, marking the beginning of what could indeed be a "golden era" of development. These changes signal that Iraq is actively working to transform its economic landscape, addressing challenges, and seizing new opportunities for growth and stability.
Weekend News With MarkZ , 30 NOV
Weekend News With MarkZ
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
MZ: The last day of the month and we start with Matt and Lucas for the first 45 minutes, then dive into the news of the day
MZ: A number of my sources that are involved with groups and historic bonds are now back in place and prepared (according to them) for a very eventful two weeks. They expect to be very busy over the next two weeks. This probably means things are starting soon. I have to agree with them.
Member; those poor bond folks……let’s hope it’s true this time!!!
MZ: This is coming from group leaders and bond facilitators……
MZ: Iraq is preparing to vote on a number of very “Key” laws…tomorrow at 1 pm their time….. New budget tables going to parliament on Sunday or Monday so they can settle the HCL. Things are looking good.
MZ: “Parliament is likely to pass Personal Status Law during Sunday’s Session” This is one of the controversial laws they need to finish up. This along with the HCL are some of the last changes they wanted for their economic reforms or “White Papers” . In those reforms are Raising the value of the dinar !
Member: So basically before the 10th is looking good
MZ: “ Nearly 3 billion dinars recovered from the “Theft of the Century” in Diyala. “ and “In 5 days Central Bank of Iraq sales are one billion dollars.” They sold one billion in USD and bought Iraqi dinars. These are big stories. They have been very clear they are ending these auction this calendar year….2024.
MZ: “Warning against canceling the electronic platform –It may end the banking system in Iraq” A number of contacts have said that the only way this doesn’t hurt the banking system is IF THEY HAVE A HIGHER VALUE FOR THE DINAR! That would fix their problems.
MZ: “Dollar falls against dong” the Vietnamese dong is rising. Many currencies are rising against the dollar in the last few days…including the Indonisian Rupiah and the Venezuelan bolivar. .
Member: Lynette Zang said last week that the US fiat dollar is only worth about .3 cents now.
Member: Mark- are you seeing $3.90 as a rate for the dong?
MZ: We have seen as high as $3.90…and as low as .39 cents. We don’t know for certain what the rate is going to be. These are from banking contacts who told me what they are seeing fluctuating on bank screens
Member: if I could exchange at .39 on dong right now would awesome
Member: I heard $4.22 Dinar, $2.57 Dong, and $.83 Bolivar. Not my numbers and not verified. Just what I heard.
Member: Hope its true
Member: To keep my sanity I expect a lower rate and be pleasantly ecstatic if higher.
Member: is Iraq now international?
MZ: They are just waiting for the last few restrictions to be removed- this will happen at the same time the value of the dinar is increased.
Member: Mark, I’ve been in this since 2012 and I’ve never seen so much coming out positively confirming this RV being a reality. They just keep turning up the heat the closer that we get to 2025.
Member: I wanted to tell yal my debits, including over 80 thousand (interest was compounded daily on original 15 grand) my credit check showed 0 on past debts!) NESARA?
Member: It has been a wild and crazy ride~ It's an exciting time to be alive!
Member: Have a wonderful afternoon and weekend everyone……
Member: Thank you Mark and Mods... have a great weekend, friends. Much love and positive vibes sent to you all. We are all ready as ready can be.
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
"A DECEMBER TO REMEMBER!!" BY JON DOWLING, 30 NOV
Jon Dowling
Green means go!
Watch XRP get to $10–15 next in no time. We’re practically in December now.
Watch what Iraq does over the next two weeks and China Taiwan is really heating up!
A December to remember!📈🙏🙏🙏
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