EXCERPTS FROM MARZK, 7 DEC

 EXCERPTS FROM MARZK

Member: I think we are waiting on official articles on hcl being done

Member: Jim Willie said he knows someone in country in IRAQ that got the new rates yesterday. Also Nick Fleming had said yrs ago, that after the HCL was passed the RV would go within 72 hrs

Member: ​​Hey Mark what is so special about the 10th of December? I see people talking about it

Member: its victory Day in Iraq. And Sudani had said he expected the Monetary reforms over by then

Member: I think Victory Day is the day we will be told and notified

MZ: You may be right. I really hope we go by then. I don’t want to still be sitting here in January.

Member: I heard 5 and 10 dinar notes have been released in Iraq.

MZ: That is the rumor. We are hearing reports from individuals in Iraq attached to the government have starting the process yesterday –before they release them to the general public. Do not know if it’s true or not. But I feel 99% certain they have started that process in Iraq.

MZ: I think we may have crossed the point of no return but we hav’nt crossed the finish line until we are sitting at the bank.

JULIAN ASSANGE: AT ANY MOMENT TIERS 3 & 4 A/B WERE EXPECTED TO RECEIVE NOTIFICATION #iraqidinar

 

FRANK26: "THIS IS HOW WE PLAYED MONOPLY ISN'T IT FAMILY... BANKS FIRST", 7 DEC

 KTFA

FRANK26: "THIS IS HOW WE PLAYED MONOPLY ISN'T IT FAMILY... BANKS FIRST".....F26

Banks are the most traded sector in the Iraqi market in terms of value.

 

12/4/2024

 

 Baghdad
 

 The Securities Commission announced today, Wednesday, that the banking sector was the most traded on the Iraq Stock Exchange in terms of value for the third quarter of 2024.

The Commission said in a report reviewed by "Al-Eqtisad News", "The value of trading in the Iraq Stock Exchange rose to 158.5 billion dinars for the third quarter of 2024, compared to the same period in 2023, which amounted to 94.3 billion dinars."

She added that "the banking sector ranked first in terms of trading value, with nearly 88.8 billion dinars, followed by the industrial sector in second place with a trading value of 23.8, followed by the communications sector in third place with a trading value of 8.6 billion dinars."

The Commission indicated that "investment sales to non-Iraqis in the Iraq Stock Exchange for the third quarter of 2024 amounted to 18 million and 39 thousand dinars, while their sales amounted to 42 million and 479 thousand dinars."

LINK

TIDBIT FROM CLARE, 7 DEC

 Clare 

 Article: "Securities Commission: Iraq Stock Exchange Leads Arab Financial Markets" 

Quote: "the Arab Monetary Fund mentioned in its monthly report for October 2024 the distinguished performance of Arab financial markets,

 as the Iraq Stock Exchange topped the list of best performing markets during the month, recording a growth of 12.39%, ahead of the rest of the markets in the region

Majeed: GET RRRRREEEAAADYYY!!! : The USD no longer exists inside Iraq!! @DINARREVALUATION #iraqidinar

 

FRANK26: "SUDANI TELLS PARLIAMENT... I WON!!! PFFT", 7 DEC

 KTFA

FRANK26: "SUDANI TELLS PARLIAMENT... I WON!!! PFFT"...........F26

 

Al-Sudani is a guest of the Iraqi parliament in a session free of "controversial laws"

12/3/2024

The Iraqi Parliament Presidency announced the agenda of its session scheduled for tomorrow, Wednesday, after today's session was postponed due to problems regarding "controversial laws."

The presidency said in a statement that tomorrow's session's agenda includes hosting Prime Minister Mohammed Shia al-Sudani, in addition to voting on the draft law of the National Intelligence Service.

The agenda also includes voting on the proposed first amendment to the Passport Law, discussing the draft amendment law or the Federal General Budget Law, in addition to discussing the draft fifth amendment law to the Aviation Law.

The "controversial laws" have been removed from the agenda of the next session to facilitate discussions and votes.

The Iraqi parliament session scheduled for Tuesday was postponed due to political differences over controversial laws.

The general amnesty, personal status, and property return laws in Kirkuk were scheduled to be discussed, but disagreements between political components over some articles caused a number of representatives to leave and the vote to be postponed. 

According to representatives who informed Shafaq News Agency, if the laws are not approved, they will be postponed to the next legislative session.

 

 

LINK

MAJEED: "IRAQ WILL POST THE HCL AND BUDGET WITH RATE IN THE GAZETTE ON SUNDAY/MONDAY" , 7 DEC

 MAJEED 

The parliamentary finance today was discussing the exchange rate with the government …. So here is my theory after today discussion: Iraq is doing the same thing Zimbabwe did Sending a letter to Forex on Thursday … then the rate pops up Monday morning in the Middle East time Which means Iraq gotta post the Gazette about HCL and the budget with the rate in it Sunday to Monday morning in the Middle East