Saturday, March 1, 2025

In a farewell letter.. British Ambassador: Iraq these days at its best since the 1970s, 1 MARCH

 In a farewell letter.. British Ambassador: Iraq these days at its best since the 1970s

 British Ambassador to Iraq Stephen Hitchen sent a message to the Iraqis on the occasion of the end of his duties.

“Dear Iraqis, I will leave your dear country in a few days, and I would like to express my deep gratitude for your friendship and hospitality over the past two years,” Hitchen said in his letter.


He added: “I will tell you a secret, my wife is angry with me, and this is not new, but this time it has a specific reason! She watched videos of me enjoying the beauty of your country, she saw me on the top of the twisted minaret, and on the banks of the Euphrates in Ramadi, and she saw me tasting the Muskov, Dolma, Baja, Al-Zarda, Al-Dhina and the soil of kings, she saw me in the mountains of Barzan and the marshes of Dhi Qar, and in the churches of Baghdad and the the Monastery of Mar Mati, and among the shrines of the imams in Samarra, Najaf, Karbala and Kazimiyah, and she also saw me celebrating the Prophet’s birth in Al-Azamiyah. And the result? She is very angry and insists that we come back one day as a tourist!”
He continued: “I learned a lot from you, I learned the true meaning of courage, kindness and tact, and I have seen how you – despite all the challenges – put the honor of the guest in the first place, and I have also added to my vocabulary some new Iraqi words: Stoney, Sabai, Balm, I Agh!”
He continued: “I was lucky to see Iraq these days at its best since the 1970s, and despite significant progress, there are still challenges, and I am proud that the United Kingdom is working with you to face them, and the economy remains the biggest of these challenges: we announced exports worth $15 billion during Prime Minister Mohammed Shia Al-Sudani’s visit to London, and in the field of 

education, we launched 12 new university partnerships, and the University of London in Erbil opened.”
He added: “With regard to climate change, which may threaten stability and progress, we have signed a new agreement in this regard, and announced large British investments in the management of water resources, and the threat of drug and human smuggling is no less serious than terrorism, so we are working with you to build a new agreement to support the police and strengthen border security. Finally, we all know that success cannot be achieved without empowering half of society, and that is why we started a dialogue to promote women’s participation politically and economically within a framework of respect and cooperation.”


The British ambassador said in his message: “I have witnessed an important transformation in Iraq and its status in the world. The talk was previously about how Iraq’s problems affect the region, but today, the focus has become on how to protect Iraq from the crises of the region. Iraq is no longer just an item on the international agenda, but has become a participant in its formulation. Your experience and wisdom have enormous value, especially for your neighbors in Syria, and they seek to get out of the legacy of the past. Our partnership today has become a partnership of ander, and I did not feel more proud of the moment of welcoming Prime Minister Mohammed Shia Al-Sudani in his meeting with His Majesty the King as an honorable guest. The weather was cold, but the welcome was warm.”
He added: “I do not want to exceed the limits of your hospitality, but allow me to share my hopes for Iraq. First, I wish this great country prosperity and stability, but with rapid population growth (2.3% annually) and low oil prices since my arrival, a rapid economic reform is necessary that revives the private sector and invests in the Iraqi people.”


He continued: “Secondly, governance precedes political rivalries, and you have a test coming with the elections, there are two tracks in front of you: either the formation of a new government quickly that enhances the momentum of progress, or a long delay that may drain what has been achieved during the past two years, the nationalism requires making concessions, and quickly.”
Finally, Hechen says: “You alone are able to solve your problems, you have the creativity, intelligence and flexibility to overcome the challenges, but we hope to be by your side in this march, not only because we want to help, but simply because we find in you exceptional comfort and warmth.”
He concluded by saying: “It seems that I have prolonged the conversation, and I do not want to offend the prestige of ‘Abu Naji’, but I’m about to cry! It’s time to go and reconcile with my wife, all hail and God.”

https://alforatnews.iq/news/في-رسالة-وداعية-السفير-البريطاني-العراق-هذه-الأيام-في-أفضل-حالاته-منذ-سبعينيات-القرن-الماضي


Chapter Summary: The Global Banking Developments in Iraq and Vietnam, 1 MARCH

 Chapter Summary: The Global Banking Developments in Iraq and Vietnam

Introduction

In this chapter, we explore the recent and significant developments in the banking systems of Iraq and Vietnam as reported by the Goldilocks Global Banking News

The focus centers on the revaluation of currencies, specifically the Iraqi dinar and the Vietnamese dong, within the context of a shifting global financial landscape. 

This content emphasizes the importance of these developments, which include new banking agreements, the introduction of digital currencies, and enhanced access to international markets. Key vocabulary terms such as market ratedigital currency, and Islamic bonds will be defined and highlighted to enhance understanding of the implications for investors and stakeholders.

Key Developments in Iraq

Banking Agreement with Emirates Islamic Bank

  • The Central Bank of Iraq (CBI) has signed a significant banking agreement with Emirates Islamic Bank.
  • This agreement allows individuals in Iraq to purchase Islamic bonds, necessitating that the Iraqi dinar be available at an international or market rate.
  • The transition to a market rate is essential for the bonds to be sold in the global market, indicating a move toward Iraq’s currency being recognized internationally.

Introduction of Digital Currency

  • Iraq is planning to introduce a digital currency, specifically a digital dinar.
  • The CBI has previously hinted at making “radical changes” to modernize Iraq’s financial system.
  • The switch to a digital dinar could enhance accessibility, efficiency, and transparency in transactions, impacting the dinar’s exchange rate positively.
  • Digital currencies are expected to facilitate global banking integration, potentially decreasing the dominance of the US Dollar and elevating the value of other currencies, including the dinar.

Progress in Vietnam

State Securities Commission Announcement

  • The State Securities Commission of Vietnam announced that the Vietnamese dong will be available for trade on the country’s two stock exchanges.
  • This new status allows the dong to participate in the global market, increasing its exposure to foreign investors and financial institutions.

Multilateral Agreement for Expanded Access

  • Vietnam has signed a multilateral agreement with various countries in the Asia-Pacific region to enhance the accessibility of the Vietnamese dong on international platforms.
  • This is described as a “coming out party” for the dong, which has historically been undervalued and suppressed.
  • The lack of logical reasons for this suppression, particularly given Vietnam’s economic growth, highlights the milestone this development represents.

Implications of Developments

Market Accessibility and Currency Value

  • The ability of individuals in Iraq and Vietnam to engage with international financial markets is expected to elevate the respective values of the dinar and dong.
  • The global integration of these currencies through regulated exchanges will introduce a level of oversight previously absent, adding legitimacy and stability to their trading environments.
  • The discussions around these developments suggest that Iraq and Vietnam are positioning themselves ahead of other nations, including the United States, in adopting innovative financial practices.

Impact on Global Financial Systems

  • The simultaneous advancements in both Iraq and Vietnam indicate a broader trend toward digitalization and modernization in global banking systems.
  • The transition to digital currencies and enhanced market access may lead to a reconfiguration of global financial power dynamics, with the potential for increased currency competition and shifts in investment flows.

Conclusion

In summary, the recent banking developments in Iraq and Vietnam signify a crucial shift toward greater financial integration and modernization in both countries. The move to allow the Iraqi dinar and Vietnamese dong to participate more fully in the global market could have profound implications for their respective economies and the broader international financial system. As these nations take steps to enhance their banking infrastructures—through agreements, digital currencies, and international collaborations—they also pave the way for a future where their currencies may gain increased value and recognition. These developments not only reflect progress but also highlight the interconnectedness of global finance, necessitating vigilance and adaptability from investors and stakeholders around the world.

Throughout this chapter, we have highlighted the essential updates on the RV GCR (Revaluation of the Iraqi dinar and Global Currency Reset) and the importance of staying informed about these changes, as they could impact numerous financial outcomes in the near future.

MNT: WHAT WILL ALLOW THE IRAQ DINAR TO RI? ‪@DINARREVALUATION‬ #iraqidinarinvestor

 


Minister of Oil: Start exporting the region’s oil within hours through Turkish Cihan, 1 MARCH

Minister of Oil: Start exporting the region’s oil within hours through Turkish Cihan

Deputy Prime Minister for Energy Affairs and Minister of Oil Hayyan Abdul Ghani announced the imminent export of Kurdistan Region oil.

Abdul Ghani said in a press statement during his visit to the port of Khor Al-Zubair to review the operations of connecting the gas pipeline, that “Iraq will announce in the coming hours the start of the region’s oil export operations through the oil marketing company {Sumu} through the Turkish port of Ceyhan.”

He explained that the exports will be “at an initial rate of 185,000 barrels gradually escalating to reach the energy specified in the federal budget.”

The Minister of Oil supervised in the field the implementation of the project of extending the dry gas transmission pipe from Khor Al-Zubair to Nazem Shatt al-Arab with a length of 40 km and a diameter of 42 knots to ensure the access of gas to electric power plants.

On February 23, the Kurdistan Regional Government announced an agreement with the federal government to resume the export of crude oil from the region’s fields according to the available quantities.

Turkey stopped the pipeline in March 2023 after the International Chamber of Commerce ordered Ankara to pay $1.5 billion to Baghdad in compensation for unauthorized exports between 2014 and 2018.

https://alforatnews.iq/news/وزير-النفط-المباشرة-بتصدير-نفط-الإقليم-خلال-ساعات-عبر-جيهان-التركي

 

Coffee with MarkZ and Mr. Cottrell. 02/28/2025

 Coffee with MarkZ and Mr. Cottrell. 02/28/2025

Coffee with MarkZ and Mr. Cottrell. 02/28/2025

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

Member: Good Morning Mark Mods & Family

​​Member: Here we are at the end of another week, and another month too!

Member: Hoping Mark has RV news today

Member: Mark, is this weekend the one we have all been praying for so long.?

MZ: I had one historic bond contact check in who said they still expect their payout this month. Wait a minute…..today is the last day of February. Hope that turns out to be accurate. But tons of folks are expecting dollars over this weekend.

MZ:  I am still looking for a update on the group side which I do not have 

MZ: But one Wealth management/redemption center contact told me they will be working both days this weekend. I don’t know what this means or what they will be doing…..but they are working a full day on Saturday and a half a day on Sunday. 

Member: Mike Bara claimed yesterday Bond holders cashing out in Zurich & Reno.

MZ: I think we could see “In the coming days” bond money moving….maybe over the weekend….and then possibly see currency movement . I hope to have a group update over the weekend. 

Member: How great would that be!!!!

MZ: If group chatter picks up I would feel really good about the next 4 or 5 days. 

Member Maybe the release of the Epstein list will be cover to release the RV?

MZ: That is possible 

MZ: A good one on history dropped yesterday from Arcadia Economics. “The shocking truth of the Ft. Knox Gold Audits”   for those of you want a little homework today https://www.youtube.com/watch?v=J2mLTtjhJjk

MZ: “The gold at Ft. Knox was stolen from Americans” This is a historical look at where the gold came from. Most came from Americans by not honoring World War 1 Gold bonds. People had bought gold bonds and were supposed to be paid out in gold. Then the government said they don’t have enough and they weren’t going to do that. I bet these Gold based Liberty bonds will have to be paid out with Nesara/Gesara. 

MZ: They are also talking about all the gold theft that happened when Roosevelt was president….and his efforts to end the gold reserve system. 

MZ: We are still waiting on a real audit of Ft. Knox to find out what is real and what is not. 

MZ: “In the coming hours –Iraq begins to resume oil exports in the Kurdistan region” The testing and checking of the pipeline went better than they expected. They are hoping to be started this weekend. Starting at 185 thousand barrels a day and then ramp up…..this is a huge income increase for Iraq. 

Member: If Kurdistan is moving oil, don't they need a new rate?

MZ: “ Trump says an additional 10% tariff on china to start March 4th.” Also tarrifs on Mexico and Canada will start Mar 4th because illegal drugs are still pouring in (high and unacceptable levels) from all these countries. 

Member: Wow- March 4th Trump is also to give a big speech. Lots of RV rumors about March 4th. 

Member: March 4 is the constitutional inauguration day, Lincoln was inaugurated on that day

Member: What is the total amount of currency holders in 4B worldwide?

MZ: I don’t really know. If I had to guess –maybe a quarter of a million currency holders in tier 4b. 

MZ: the end of the month would be a great time to do revaluations in many countries. 

Member: Just got the official notification, Ramadan starts tomorrow March 1 in the UAE

Member: Ready to exchange the foreign currency for gold backed money. Let’s go

Member: I wish they would just pull the pin already. It’s so frustrating to be awake waiting for the sleepers. Let’s go already!!

Member: Please Lord release the RV!! So many are at the end of their rope

Member: On your journey to your dream, be ready to face oasis and deserts. In both cases, don’t stop

Member:  Hope you all have a fantastic and prosperous weekend!

MZ: there will be no podcast tonight 

Mr. Cottrell joins the stream today. Please listen to the replay for his information and opinions.

Frank26: RIght now WE ARE waiting for the new exchange rate! #iraqidinarinvestor #dinarrevaluation

 


From secure internet to smart systems.” Iraq enters the era of the digital revolution with steady steps, 1 MARCH

 From secure internet to smart systems.” Iraq enters the era of the digital revolution with steady steps

The Financial Advisor to Prime Minister Mazhar Mohammed Saleh stressed that Iraq is moving at a steady pace towards achieving a great digital renaissance, based on a set of foundations that support this trend.

Saleh explained to {Euphrates News}, that “one of the most prominent of these foundations is the progress in two categories of infrastructure.”

He pointed out that “the first category is the advanced technological infrastructure, whether through secure and powerful Internet networks or digital payment systems that work effectively and efficiently in parallel with each other.

Saleh continued, “The other category is the advanced legal infrastructure that provides protection for the rights of users and operators and the public right against cyber and financial crimes arising from digital transformation.”

He pointed to “the importance of the availability of the ability to keep pace with the course of digital technological progress in the virtual world on an ongoing basis,” noting that “the consultative team in the General Secretariat and the general joints of the Iraqi state are keen to achieve this to ensure that Iraq enters the new digital age.”

Ragheed

https://alforatnews.iq/news/من-الإنترنت-الآمن-إلى-الأنظمة-الذكية-العراق-يدخل-عصر-الثورة-الرقمية-بخطوات-ثابتة

GOLDILOCKS: How to Build Bank Relationships Before Currency Exchanges: A Practical Step-by-Step Guide

Title: How to Build Bank Relationships Before Currency Exchanges: A Practical Step-by-Step Guide 💡 Introduction: The Smart Approach to Bank...