Fnu Lnu
Article: "The Central Bank of Iraq (CBI) has announced General Tender No. (1/2025) for the supply, installation, and operation of 65 currency counting and sorting machines for its branches in Basra (35 units) and Mosul (30 units)."
Here we have another example of Iraq spending billions to build out a state of the art banking system.
The $64,000.00 question is, when do we get to profit from these infrastructure expenditures?
Date of resuming the export of the region’s oil through the port of Ceyhan
Baghdad-Mil
The Kurdistan Democratic Party confirmed, today, Saturday, the completion of all preparations for resuming the export of the region’s oil through the Turkish Ceyhan pipeline .
Party member, Wafa Mohammed, said in a statement to “Mil”, “The resumption of the region’s oil through the Turkish Ceyhan pipeline will be in March .”
He added that “all technical preparations for resuming Kurdish oil have been completed,” adding that
“what remains is to agree with the Turkish side on a price of $3 for transporting one barrel .”
He added, “Oil production will be in three stages, the first of which includes the production of 100,000 barrels per day, the second 200,000 barrels, and the third 300,000 barrels, reaching the required number of 450,000 barrels .”
Earlier today, the Iraqi Prime Minister’s foreign affairs advisor, Farhad Alaaldin, denied media reports claiming that the United States had threatened to impose sanctions on Iraq if oil exports from the Kurdistan Region were not resumed .
MELANIE HINDS CC HIGHLIGHTS NOTES
In this video, Melanie Hines, an expert commentator on financial matters related to Iraq, shares her insights on the evolving economic and political landscape of Iraq, particularly concerning the Iraqi dinar. Against the backdrop of her personal life and health tips, she discusses significant developments in Iraq,
including the resumption of oil exports from the Kurdistan region and the importance of a unified Iraq in achieving economic prosperity. Hines emphasizes the role of the Central Bank of Iraq (CBI) in currency revaluation and highlights the integration of the Kurdistan region with Baghdad for national stability.
She notes recent positive developments, including back payments to Kurdish citizens and ongoing dialogues aimed at enhancing Iraq’s economic framework. With a confident tone, Melanie encourages her audience to stay informed on these critical updates, suggesting that significant changes in Iraq’s currency and economic structure are imminent.
🌻 Importance of Rest Days: Melanie’s emphasis on Sabbath rest highlights the necessity of taking time off in a fast-paced world. This practice not only aids in mental rejuvenation but also fosters a deeper connection with personal beliefs and values.
🏋️♀️ Protein and Muscle Preservation: The insight that women lose muscle mass as they age is crucial. Melanie’s advice to focus on protein intake and weightlifting is a reminder of the importance of maintaining physical health, which can prevent age-related weight gain and other health issues.
📊 Central Bank’s Role in Currency Reform: The discussion surrounding the CBI’s function as the “mothership” of Iraq’s financial system emphasizes the importance of a strong central banking authority in stabilizing and potentially revaluing currency. This insight speaks to broader financial principles applicable to other nations.
🔗 Regional Cooperation for Stability: The notion that true development in Iraq requires integration between the Kurdistan region and Baghdad underscores the complexities of governance in diverse political landscapes. It also reflects the necessity for cooperative frameworks in achieving national goals.
🚢 Oil as a Pillar of Economy: The resumption of oil exports from the Kurdistan region is not just a local issue but a key factor in Iraq’s overall economic health. Oil remains a significant revenue source, and its export is crucial for funding public services and infrastructure.
🌐 Global Economic Integration: The mention of Iraq’s efforts to join the World Trade Organization (WTO) suggests a shift towards embracing global economic practices. This move could lead to an influx of foreign investment and better trade relationships, which are vital for long-term growth.
✨ Faith and Financial Outlook: Melanie’s confidence, driven by her faith, in the imminent positive changes in Iraq’s economic structure is a unique perspective. This approach suggests that belief systems can play an influential role in how individuals perceive and respond to economic challenges, fostering a sense of hope and action.
In conclusion, Melanie Hines provides a multifaceted view of the current political and economic climate in Iraq, blending personal wisdom with critical insights into the nation’s future. Her discussion on health, economics, and spirituality offers viewers a comprehensive understanding of the interplay between personal well-being and broader societal developments. As Iraq navigates its path towards stability and growth, the insights shared in this video serve as a reminder of the interconnectedness of individual actions and national progress.
New reform plans for the banking sector in Iraq
The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh, stressed that achieving a unified vision to study the situation of banks in Iraq requires the integration of the national banking market within a homogeneous framework aimed at enhancing the stability of the national financial system and improving its performance in the fields of credit, digital payments and financing economic development.
Saleh said in a special statement to {Euphrates News}, that “the first vision focuses on the importance of achieving integration between national banks to enhance their role in supporting the Iraqi economy, pointing out that this requires modernizing the financial infrastructure and adopting modern technologies to meet the requirements of the age.
The second vision, according to the financial advisor, is related to the development of two comprehensive reform plans targeting the public and private banking sector, with the aim of improving the performance of these institutions in accordance with international standards. He explained that the reform will include improving governance and financial management and enhancing transparency, which will facilitate the involvement of Iraqi banks in the global financial relations network.
Saleh added that the immediate goal of banking reform is to enable Iraqi banks to deal more effectively with the outside world, to ensure economic openness and attract foreign investments, as well as strengthen Iraq’s position in the international financial arena.
This trend comes in light of the government’s continuous efforts to develop the financial sector and enhance its role in achieving sustainable development and supporting the national economy, as banking reform is seen as a fundamental step towards achieving these goals.
Ragheed
https://alforatnews.iq/news/خطط-إصلاحية-جديدة-للقطاع-المصرفي-في-العراق
Weekend Coffee with MarkZ. 02/22/2025
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: GOOD MORNING ALL! HAPPY SATURDAY! CBD MATT AND LUCAS KICK OFF THE FIRST 45 MINS AND MARK GIVES THE NEWS UPDATE AT 10:30 AM
Member: Happy Saturday and Welcome to the Weekend
MZ: Today is the last day we are broadcasting on twitch. People will have to use youtube or rumble from now on.
MZ: Huge amounts of chatter this weekend. Tons of rumors about this weekend. We will see what surfaces. We know there is a lot of excited wealth management/redemption contacts and bond folks as of this morning.
MZ: Lots of people in place but have not heard from group contacts yet this morning. I am confident we are close…just not certain this is the weekend or not. I would think we would see movement in groups if this was our weekend.
MZ: The new dinar rate was not in the Gazette today. The CBI has been showing some different rates lately…it even went to 1322 in the wee hours. But it is not staying there. There is a lot pointing to the fact they are working on it….but not a lot pointing to us going to the banks on Monday.
Member: With the CBI website having its outage and FOREX down today for upgrades, Maybe it’s safe to assume CBI is doing a big upgrade to new system and ready to Pop up new rate tomorrow???
Member: Rumor: Hearing Iraq has done their revaluation in house but not announced .
MZ: “Kurdistan oil export: Washington presses and Baghdad faces challenges” I would like to point out that Baghdad is calling BS on some Rueters articles saying the US is threatening sanctions if Kurdistan doesn’t start pumping the oil….Both Washington and Baghdad say “BS” and tells them to stop with the fake news.
MZ: “ Kurdistan council of ministers confirms its aspirations to resume oil exports as soon as possible” We are being told this coming week they will resume.
MZ: “ The reform committee announces a growth in tax revenues of 22% with revenues of 4 trillion dinars” this is part of changing the system from cash to electronic. Revenue can now be tracked. This allows Iraq to be stable and not fluctuate as much.
Member: All the economists are talking about gold and silver right now…..something is happening
The total short position in silver is 953 million ounces. This is over one year’s world production. This is mostly a naked short to control the price. The CFTC is clearly aware of this.
Member: Rand Paul just sent letter to Treasury for inspection of Ft Knox no later than March 19
Member: Why does this upcoming audit of Fort Knox remind me of the Geraldo Rivera Special- "The Mystery of Al Capone's Vaults"
Member: CEO Jamie Dimon just dumped $233.7 million worth of $JPM shares
Member: If the bank don’t hold a lot of funds and people cannot get their money out…how safe is it to put our RV funds in them?
MZ: When the RV happens we assume the monetary system is changing and this doesn’t matter…but, if the system doesn’t change we will have a lot to figure out quickly.
Member: When we get our notification to set our appointment do we have to so it within a certain amount of time? I’ve heard 3 days. Concerned as I am out of the country till mid March.
Member: Mark always said we should have 10 days to make appointments and 30 days to exchange….
Member: Remember Saturday nights are the best time to reset currencies while all banks are closed…. Please let this be that Sat. night we are waiting for
Member: Have a very blessed weekend everyone and may God richly bless you all and see you all on Monday morning.
Member: I feel Ike we are living in the greatest part of History . There should be songs written about these times!
Member: The best is yet to come.
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