EXCERPTS FROM MARKZ, 7 FEB

 EXCERPTS FROM MARKZ

Member: Hoping for some good info from Mark about exchanges happening soon?

MZ: The contact I mentioned last night is indeed out west now. This is a first in years so I am very upbeat about that. 

MZ: Bond side remains quiet but most of contacts told me it should be around the 10th to the 12th for them to get paid. 

MZ: last night Mike Bara told you guys he knows someone who should have their fees sooner. Like in a day or two. 

MZ: I have heard nothing on Prosperity projects or CMKX. 

Member: My bank had an update on app to inform our and agree to digital transfer and movement transactions yesterday.

Member: A friend of mine who lives in Austin, TX said he asked his bank manager, was is a friend of his, if they were ready for the Revaluation. He said, "Yes, we are trained and ready to go!"

MILITIAMAN: They're looking for an exchange rate change because that's what's going to happen.

 

ZOOM IRAQ NEWS: Trump’s special envoy for hostages, Adam Boehler, accused Iraqi Prime Minister Mohammed Shia al-Sudani of repeatedly making "false promises" regarding the release of Elizabeth Tsurkov!, 7 FEB

 ZOOM NEWS

Trump’s special envoy for hostages, Adam Boehler, accused Iraqi Prime Minister Mohammed Shia al-Sudani of repeatedly making "false promises" regarding the release of Elizabeth Tsurkov, 

an Israeli-Russian researcher held in Iraq since 2023 by Kataeb Hezbollah. Boehler stated, if she does not come home now, Sudani "is either incapable and should be fired or, worse complicit." : AFP

Last edited6:14 AM · Feb 6, 2025

CURRENT ECONOMIC SITUATION IN IRAQ, 7 FEB

 CURRENT ECONOMIC SITUATION IN IRAQ

Highlights

• 🌍 Economic Dependency: Iraq’s economy is heavily reliant on oil revenue, making it vulnerable to global market fluctuations.
• 📉 Consequences of Oil Price Drops: Past declines in oil prices have resulted in severe economic hardship for Iraq, affecting essential services like healthcare and education.
• 🌱 Need for Diversification: There is a pressing need for Iraq to diversify its economy to create jobs and reduce dependence on oil.
• 💡 Reinforcement Mechanism: This new approach encourages countries to maintain healthy foreign currency reserves and promotes financial stability.
• 🔄 Shift from Dollar Auctions: Countries are moving away from unpredictable dollar auctions toward more reliable economic strategies.
• 🌟 Investment Opportunities: A diversified Iraqi economy could attract foreign investment, leading to job creation and economic growth.
• 📢 Public Engagement: The video encourages viewers to share their opinions on Iraq’s economic strategy and the importance of a sustainable future.

Key Insights

• 📊 Understanding Rentier Economies: A rentier economy, like Iraq’s, relies heavily on external income sources—in Iraq’s case, oil. This means that while oil prices are high, the economy may appear stable, but when prices fall, the country faces significant challenges. The reliance on a single resource contributes to a lack of job diversity, leaving skilled workers without adequate employment opportunities.

• 🛢️ Instability from Oil Price Fluctuations: The historical context of oil prices showcases the severe impact on the Iraqi economy during downturns, such as from 2014-2016, which resulted in diminished funding for essential services. This volatility underscores the urgency for Iraq to seek alternative revenue sources to ensure economic resilience.

• 🌾 Diversification Strategy: By investing in sectors like agriculture, technology, tourism, and renewable energy, Iraq could create a more balanced economy. This diversification would not only generate job opportunities but would also stabilize the currency, making it more appealing for trade and investment.

• 🌐 International Representation: As Iraq aims to present itself as more than just an oil-dependent economy, it can attract foreign investments by showcasing its potential in various sectors. This could lead to stronger economic relationships and a more stable economic environment.

• 💰 Reinforcement Mechanism Explained: The reinforcement mechanism serves as a strategic approach for countries looking to stabilize their foreign exchange reserves. By maintaining a certain level of reserves, countries can avoid reliance on a single currency, thus enhancing their economic stability.

• 📈 Government’s Role in Economic Strategy: Governments need to take an active role in establishing guidelines for financial institutions to promote stability. This can create a safer environment for investors, which ultimately leads to job growth and improved public services.

• 🔍 Investment Implications: Understanding these economic shifts is crucial for investors. Countries adopting the reinforcement mechanism may provide a more stable investment climate, suggesting that investors should pay attention to these strategies when making decisions.

Fnu Lnu: This training will give Iraqi banks the necessary tools ! @DINARREVALUATION #iraqidinar

 

ZOOM IRAQ NEWS: Al-Sudani has pledged to ensure consistent funding for the Kurdistan Region’s civil servants!, 7 FEB

 ZOOM NEWS

The Kurdistan Region’s Council of Ministers, in its regular Wednesday session, directed the Ministry of Natural Resources to coordinate with the federal Oil Ministry and international oil companies to resume oil exports through the Iraqi State Organization for Marketing Oil (SOMO), reaffirming its commitment to the law and ensuring that oil revenues are transferred to the Iraqi treasury.

---

Iraqi Prime Minister Mohammed Shia al-Sudani has pledged to ensure consistent funding for the Kurdistan Region’s civil servants throughout 2025, emphasizing that most disputes between Baghdad and Erbil are technical rather than political. : PM office

4:45 PM · Feb 6, 2025

TIDBIT FROM FNU LNU, 7 FEB

  Fnu Lnu 

 Here are the key components [of the new training happening now]:  First, Cross Border Payments - Iraq did a very poor job of remittances across borders which branded it as untrustworthy and undependable.

 This training will give Iraqi banks the necessary tools to completely eliminate the former days of suspicion. This will open up the wide world of trade which will in turn continue to drive up demand for this valuable currency.

  Second, Financial Integrity - The banking industry has struggled with corruption and inefficiency...No one wants to take a chance on countries that cannot be trusted.

 This training is tackling these problems head on. Adherence to AML standards is a must. (Anti-Money Laundering) The mere involvement with K2 Integrity consultants, the gold standard...sends a clear message that Iraq is serious about becoming a global partner. This is the final piece of the RV puzzle. 

o what does this mean to you as a Dinar investor?  

It means the groundwork is being laid for the RV of the Iraqi Dinar. It is no longer a question of "IF" but but one of "WHEN"?

  Only the most serious of potential global traders are tutored in the protocols of the Integrity and Cross Border Payments regimen.

 The RV has always been a matter of speculation but now we have tangible proof that it is about to happen. The INI wouldn't bother nor would the K2 consultants, if they didn't believe that Iraq is ready. We can now relax and wait for Iraq to acquire this training and apply it to the RV which has already been established.