EXCERPTS FROM MARKZ: WE NEED A TRUST TO GET THE CONTRACT RATE?
Member: Heard a rumor that we need a trust to get the contract rate?
Member: Sure are a lot of crazy rumors right now.
MZ: Every single one of my banking contacts say that is BS. They believe you may need one for your humanitarian projects….when it gets full funding….but I am not a financial advisor. I assume the people selling those rumors are also selling trusts.
Member: any bond news?
MZ: No new historic bond updates…Most are waiting for the 16th through the 22nd as of yesterday. Most are looking at the 21st and 22nd now.
Member: my friend works @ fidelity she believes the market is going to crash but she's told to tell her clients to not pull out. evil.
FRANK26: "A NEW MESSAGE FOR A NEW MONETARY REFORM POLICY OF THE CBI".......F26
Trump's envoy on his way to Iraq.. A new message to Al-Sudani
1/11/2025
An informed political source revealed, on Saturday evening, an upcoming visit by the envoy of the US President-elect, Donald Trump, to Iraq, carrying with him a message to Prime Minister Mohammed Shia al-Sudani.
According to the source, who spoke to Shafaq News Agency, "An American envoy is expected to arrive in Baghdad, carrying direct messages from Trump about the security of the region and Iraq's role in it."
The source explained that "the visit may be secret (not officially announced)," noting that the envoy will also discuss the details of Al-Sudani's recent visits, and Trump's vision according to the recent changes in the region.
An informed political source reported last week that the Iraqi Prime Minister received a message from US President-elect Donald Trump, via a special envoy on an unannounced visit, which included several axes .
According to the source, the most prominent axes are the necessity of containing and controlling weapons outside the framework of the state, stopping the activity of factions linked to Iran, in addition to Iraq not interfering in the Syrian file and supporting the formation of the new Syrian government
.
Meanwhile, a government source told Shafaq News Agency that Iraq is working diligently to establish security in the region, and that the Prime Minister presented Iraq's vision in this regard during a visit to Iran . (WOULDN'T YOU LOVE TO KNOW WHAT THAT MESSAGE SAYS, LOL!!! -F26)
Al-Sudani had made numerous visits to countries in the region after the fall of Bashar al-Assad's regime, including Jordan, Saudi Arabia, and recently Iran, where he discussed security issues with the leaders of these countries. Iraq also participated in the Aqaba Conference held in Jordan, with the participation of several countries, including the United States .
Next week on his firs day in office, President Trump signs at least 100 executive orders, once of which involved the RV of Iraq.
Watch China Taiwan News ensure to free up Vietnam. The hand of Iran will be coming off of Iraq. Once he’s in it begins! Gold and silver to move shortly along with XRP
FRANK26: "FULLY FUNDED MEANS A NEW EXCHANGE RATE".......F26
Minister of Finance: We have fully funded the salaries of the region’s employees for the year 2024
1/11/2025
Baghdad
Finance Minister Taif Sami confirmed on Saturday that the salaries of the region's employees for the year 2024 have been fully funded, while she indicated that the salaries of employees during 2025 are fully secured.
The Parliamentary Finance Committee stated in a statement, which was reviewed by "Al-Eqtisad News", that it "hosted Finance Minister Taif Sami to discuss the country's financial situation and the most prominent challenges facing the financing and spending process and securing some requirements."
Sami confirmed that "the Ministry of Finance hadfully funded the salaries of the region's employees for the year 2024, and is not responsible for not delivering them to their beneficiaries," noting that "the salaries of employees during 2025 are fully secured."
She pointed out that "one of the most prominent challenges facing the ministry in implementing the 2024 budget and the deficit in it came as a result of the federal government paying more than 11 trillion in salaries to employees of the Kurdistan Region, while the authorities in Kurdistan did not deliver the region's oil and non-oil revenues to the center, which negatively affected the financing of other governorates."
She explained that "the audit balances report confirmed that the region's non-oil revenues amounted to more than 4 trillion dinars, and Erbil sent only 320 billion dinars to Baghdad."
Commenting on the amendment of Article 12 of the proposed budget law, the Minister of Finance confirmed that "the file is technical, and the ministry is not aware of it yet, but it has made the payment of the dues of companies operating in the oil fields within the region conditional on the submission of reports that include full details of the costs of production, transportation and internal consumption, in order to be included in the 2025 budget tables, in addition to delivering the region's full oil and non-oil revenues; in order to secure those dues from the federal government."
Sami explained that "the Ministry of Finance had funded the full salaries of the region's employees for the year 2024, and is not responsible for not delivering them to their beneficiaries."
The statement explained that "the Finance Committee decided to form a subcommittee to follow up on the Kurdistan Region's dues during the years 2024-2025, and to study the pending issues between Baghdad and Erbil."
He continued, "The committee also decided to host the general managers of the budget and accounting departments in the Ministry of Finance next Monday; to discuss some issues related to the state's financial policy."
Member: Any RV news…….or are we waiting for next week?
Member: I think the train is pulling into the Station….get ready to reach our destination
Member: Another guru said dinar is showing at $4.19 on forex…Is this true?
MZ: For moments it popped to that and boy did I have a lot of excited folks. It wasn’t there this morning so I believe they are testing. There are many who think that may be the international or “Street Rate”
Member: Supposedly the bank screens are set. Just waiting for it to show up- official.
Member: 4.91 Monday TNT Tony
Member: They are playing with the rates just to keep us in anticipation!! LOL
Member: Maybe they are playing with the rates just to see who was watching them in the middle of the night?
