Weekend Coffee with MarkZ. 02/01/2025

 Weekend Coffee with MarkZ. 02/01/2025

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

Mod:  ​​CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM

Member: Good Morning and welcome to another weekend and a new month.

Member: Tomorrow is Groundhog Day…….Would love to see our RV happen on it

Member: Maybe we’re waiting to go when Punxsutawney Phil sees his shadow.?

MZ: I do have some Wealth managers/Redemption Center contacts at work today. I hope to hear what they accomplished later on today. Was it wealth management related or currency exchange related? If it’s anything good I will tweet it or truth it.

MZ: I have had some bond folks checking in and they are expecting spendable money between the 3rd and the 7th this coming week….. others are looking more towards the 11th or 12th. They could be after the reset….as all bonds do not go before…..that is what I was told.

Member: The Bond people really have been through it for a very long time…all that back and forth, this date and that date, you gotta to be tough to deal with all the back and forth, great is the reward!

Member: Mark, is the new Treasury Secretary in Iraq or is that a rumor?

MZ: I cannot find proof of Mr. Bessent on the ground in Iraq, but I can say factually that he has a team there……

MZ: On budget and salaries there was a breakthrough in Iraq and we hope to see the budget passed tomorrow. They tell us it will be put before parliament tomorrow. Many meetings as they pound through things.

​​Member: Mark, if they pass the budget with the new rate in it tomorrow, does REER automatically get posted on Forex?

MZ: They are kicking off the big expo in Iraq today – the 48th session of the Investment, development, prosperity Baghdad international fair . Happening today. Many are attending from out of the country including 1,000 from the US…

MZ: This will be a very big international fair for them .

MZ: “Regime change is Syria has Iraqi factions backtracking on push for US withdrawal”  Suddenly they want to work with America.

MZ: “ A battle against counterfeiters and money laundering: How does Iraq seek to protect the national currency?”  They print new bills with many more security features in it….. many countries around the world are telling us they are printing new bills with new security features. I think they are hiding the changes is plain sight.

Member: Hoping those new bills are the lower denominations in Iraq.

Member: Besides the concept pics of the New rainbow dollars, are there any pics of USN’s?

Member: I really hope we see them very soon.

Member: Lets kick this whole RV off this weekend!!!

​​Member: Plenty of people need the RV now. This weekend would be epic!

Member: Everyone keep your phones charged and hopes high ……we are very close.

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

MAJEED: They already have the greenlight to go ahead with it !!, @DINARREVALUATION #iraqidinar

 

Economist: The Iraqi market is centralized and 40 investment laws need to be reviewed and amended, 2 FEB

  Economist: The Iraqi market is centralized and 40 investment laws need to be reviewed and amended

Economic expert Abdul Rahman Al Mashhadani confirmed today, Friday, that the problem facing foreign investors in Iraq is not limited to the security and political situation only, but rather it is a complex problem.

Al-Mashhadani added to Al-Furat News Agency that "talking about attracting investments is not limited to a specific region, but rather depends on the general situation in the country." 

He explained that "the investment climate in Iraq requires several factors, including the political factor and the conflict between the blocs, in addition to the investment laws that need to be reviewed, as their number has reached about 40 laws."

He pointed out that "there are paragraphs in these laws related to the economy in general."

Al-Mashhadani pointed out that "the Iraqi government is moving towards a capitalist economy and following a market economy according to the principle of supply and demand, which means that the government cannot interfere in all economic details."

He pointed out that "the current laws were enacted a long time ago, and are not compatible with the nature of the current stage."  link

JUDY NOTE, 2 JAN

JUDY NOTE

Possible Timing:

• On Wed. 15 Jan 2025 Trump signed the classified “Gold Directive,” the C***l’s hidden vaults having been seized. Their gold, stolen for centuries, was now being returned to The People through the QFS.

• As of 28 Jan. 2025 Redemption Centers were processing massive amounts of gold-backed currency daily. The banks were powerless. They know their system was finished, and they were scrambling to hold on.

• Wed. 29 Jan. 2025 was the Chinese New Year – Julian Assange said that “the Blackout has begun. All systems are go. The EBS is live in certain areas” and last week JFK Jr. said, “The Plan Never Changed. It was Always  February. The Chest Will Open Very Soon!”

• Month of Feb: The Plan Never Changed. It was Always February. The Chest Will Open Very Soon!” …John F. Kennedy Jr. on Telegram

• Mon. 3 Feb. QFS Activates Worldwide

• Sun. 9 Feb. QFS becomes fully operational with intense military operations.

• In Aug. 2025 the U.S. Treasury will send out a computer algorithm to each bank to zero debt balances in a Debt Jubilee. The banks will then zero out all mortgage debt, credit card debt, car debt, etc. On Wednesday, July 10, 2024 the Debt Jubilee was legalized by Trump. Citizens do not have to contact their debtor to ask for the Debt Jubilee. Watch for your new zero balance statement coming out sometime in August. …JFK Awakening on Telegram

 

AJ : 🇮🇶🔥 IT'S DONE Article 2!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 

Iraqi Parliament Approves First Amendment to General Budget Law for 2023-2025, 2 FEB

  Iraqi Parliament Approves First Amendment to General Budget Law for 2023-2025

The Iraqi Parliament voted, on Sunday, on the draft law of the first amendment to the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025) No. (13) of 2023.

For his part, independent MP Ahmed Majeed announced in a statement to Shafaq News Agency that members of the House of Representatives from the central and southern governorates boycotted the parliament session held today, considering that voting on the budget is "a violation of the law and the internal regulations of the council due to the lack of a legal quorum."

Majeed explained that "the number of representatives present does not exceed 140 representatives, which means that the quorum is not achieved," stressing that they doubt the legitimacy of the session.

He added: "We will file an appeal with the Federal Court against the House of Representatives for violating the law and proceeding with the vote on amending the budget law."

The Iraqi Council of Representatives held its fourth session of the first legislative term of the fourth legislative year a short while ago, headed by the First Deputy Speaker of the Council, Mohsen Al-Mandalawi, with the attendance of 176 representatives, and the boycott of about 50 representatives.

A parliamentary source told Shafaq News Agency, "The representatives of the Central and Southern Front boycotted the session in protest against the amendment of the budget law. The number of representatives of the Front is about 50 representatives, most of whom are independents."

The representative of the Central and Southern Front, Raed Al-Maliki, said during a press conference held in the parliament building with the participation of the representatives and attended by a Shafaq News Agency correspondent, "We are a group of representatives from the central and southern governorates who boycotted the parliament session on Sunday because of the paragraph amending the budget law."

Al-Maliki added, "We requested that there be a joint administration with the regional government, and that companies be obligated to review contracts, and that other articles be reviewed, including Article 14 of the budget law, in addition to other articles and the deficit in the budget law."

He stressed, "Our demands relate to implementing the rights of the central and southern governorates and financing the government contracting expenses of companies contracting with local governments."

Parliament Speaker Mahmoud Al-Mashhadani, who is currently visiting the Iranian capital Tehran, announced before his departure that Parliament will approve today, Sunday, amending the general budget in accordance with the text sent by the Council of Ministers.

Earlier today, the Coordination Framework, which brings together Shiite political forces, revealed the existence of a political agreement to pass the amendment to the budget law during the session of the Iraqi parliament scheduled to be held today.

The representative of the framework, Mohammed Radhi, told Shafaq News Agency, "There is a political agreement to pass the amendment to the budget law during today's session, as the text of the amendment was mentioned by the Iraqi government. There is a political and parliamentary will and desire to support the government's steps to resolve the differences with the region."

Radi added, "The agreement to pass the amendment to the budget law came in order to push the government to expedite sending the 2025 budget schedules, as no one wants to disrupt this budget, to prevent obstructing the construction and reconstruction process, and launching many strategic and important projects during this year."

The Finance Committee of the Iraqi Council of Representatives announced yesterday, Saturday, that the Council of Representatives will vote in today’s session, Sunday, on the government’s proposal to amend Article 12 of the General Budget Law.

The draft amendment to Article 12 of the Budget Law includes two paragraphs, the first of which relates to the costs of producing and transporting the Kurdistan Region’s oil after determining the actual estimated costs through the advisory body.”

As for the second paragraph, it stipulates that if the federal and regional governments do not agree on the costs of production and transportation, the Ministry of Oil shall choose a party to determine those costs, and as a result the cost of extracting oil from the oil fields in the region shall be calculated.

In June 2023, the Iraqi Parliament voted on the draft general budget law for the fiscal years (2023, 2024, 2025). link

MAJEED: "hope that funds will be released", 2 FEB

 MAJEED

Kurdistan Region’s Minister of Finance Awat Sheikh Janab has described the meeting with the Iraqi Ministry of Finance as “positive,” expressing hope that funds will be released for the 

Kurdistan Region on Sunday, while also stating that they discussed the technical issues surrounding the Region’s civil servants and pensioners’ payroll LFGGGG

#BREAKING: Kurdistan Region’s Minister of Finance Awat Sheikh Janab has described the meeting with the Iraqi Ministry of Finance as “positive,” expressing hope that funds will be released for the Kurdistan Region on Sunday, 

while also stating that they discussed the technical issues surrounding the Region’s civil servants and pensioners’ payroll.