Tuesday, March 18, 2025
Iraq and Turkey agree to increase processing capacity through the Iraqi-Turkish connection line to 600 MW., 18 MARCH
The Minister of Electricity, Ziad Ali Fadel, announced on Sunday his agreement with his Turkish counterpart, Alp Arslan Birkdar, to increase the processing capacity through the Iraqi-Turkish connection line to 600 MW.
A statement from the media office of the Minister of Electricity – received by Mawazine News said: “The Minister of Electricity received – at the ministry’s headquarters in Baghdad – Turkish Energy Minister Alep Arslan Birqdar and his accompanying delegation in the presence of Turkish Ambassador to Iraq Anil Bora Inan.”
He added that “the Minister of Electricity reviewed – with his Turkish counterpart – the prospects for cooperation and partnership between the two countries in the field of energy, specifically in the sectors of transmission and distribution and the development of shared electric networks, and renewed his invitation to Turkish companies specialized in the field of renewable energies to work in Iraq.”
The Minister of Electricity confirmed, according to the statement, that “the Ministry of Electricity has completed all logistical procedures and infrastructure necessary to increase the processing capacity through the Iraqi-Turkish connection line to 600 MW, proposing the formation of a joint higher technical committee to follow up the implementation of the meeting’s decisions.”
He pointed out that “the Iraqi government headed by Prime Minister Mohammed Shia Al-Sudani and within the government curriculum is working to implement an integrated strategy to diversify energy sources through a package of projects that include electrical interconnection with neighboring countries, composite cycle projects and solar energy that are being implemented on a large scale in various governorates of the country.”
For his part, the Turkish minister pointed out that “the coming months will witness a doubling of electricity supplies through the common line to 600 MW,” noting that “his country is keen to strengthen cooperation with Iraq in various fields, especially the energy sector.”
It should be noted that the Iraqi and Turkish governments succeeded last July in operating the joint electrical connection line (KSK – Carrot 400 K. (p) which currently supplies Iraq with 300 megawatts.
St. Patrick’s Day Coffee with MarkZ. 03/17/2025, 18 march
St. Patrick’s Day Coffee with MarkZ. 03/17/2025
It appears Mark has been taken off youtube for a week. So try Rumble and Twitch this week to find him
The rolling chat does not work well on Rumble…so cannot always post member questions or comments… Notes may be very short this week.
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
MZ: Mr. Cottrell is supposed to be here today……but we will not be back on youtube until Friday or Saturday.
MZ: There are a lot of expectations for later today and tomorrow on the bond side. Most are looking at the 18th. I will post if I get any confirmations……Remember no more Monday night podcasts.
MZ: There are rumblings in some of the “Currency Groups” trying to buy up currency from other smaller groups. Not sure where the funds are coming from…..but there seems to be a mad dash right now to consolidate. I am trying to get more information but this could be a huge sign.
MZ: There is no way (IMO) that they would spend those dollars unless they believe they would shortly get them back. This is good news from the currency side of this.
MZ: in Iraq: “The Iraqi Economy –Challenges and opportunities in light of global financial transformations” They are letting us know the great success they are having in going digital and their standing with the international community and foreign exchanges. The government is working tirelessly to reduce dependence on the US dollar. And they are promoting the use of the Iraqi dinar for financial transactions.
MZ: De-dollization is strengthening the value of the Iraqi dinar. They are telling us what they are doing.
MZ: “The government is preparing to approve the 2025 budget-Sudanese advisor reveals details” They say it will be submitted before Ramadan ends. Before Eid Al Fitr.
MZ: I have so many sources in Iraq saying the reason they have delayed it is because there is a new rate in it. This does make sense.
MZ: “Al Rafidain announces the collection of 6 trillion dinars electronically during 2024” This is more about the digital transformation and the economic “white papers” …and the goal is to increase the purchasing power of all Iraqi’s.
MZ: “Erbil hands Baghdad 48 billion dinars in non-oil revenue” This was just for the past month as they pound out the last of the HCL agreements.
MZ: Here is a fun one: “ US and Vietnam sign $4 Billion energy and minerals deals”And the US and the World bank are pushing Vietnam to increase their exchange rate. It certainly looks like Vietnam is becoming front and center in Asia. I enjoyed this
MZ: Here is a bank story….that’s not a bank story. “My son is in Blue Ridge, GA hiking and fishing this weekend. They got a hotel because of the horrible weather coming through last weekend. While they were packing up to leave they got to talking with a couple. The man is a banker in Atlanta. My son said my dad follows the Iraqi dinar…do you think it will ever be worth something or is my dad crazy? ..and to make a long story short….the banker said “Your dad is not crazy. He is very smart and it is definitely a good investment. I didn’t think much about it until 5 months ago….but your dad is very smart. “
MZ: There are more and more stories from active bankers over the last few months that tell me “To Prepared”
MZ: I will see if I can get a farm claims contact and a Bond attorney to come on and do a recorded call. It is very dangerous for them…but if they will…I will let you know.
Mr. Cottrell joins the stream today. Please listen to replay for his information and opinions
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.
Government: Iraq’s exemption from US visa restrictions confirms the strength of bilateral relations, 18 MARCH
Government: Iraq’s exemption from US visa restrictions confirms the strength of bilateral relations
The Prime Minister’s political advisor, Farhad Alaa Al-Din, said on Sunday that Iraq’s exemption from US visa restrictions confirms the strength of bilateral relations.
Alaa Al-Din said, according to the official agency, that “the nature of the relationship that Iraq has with the United States is characterized by positivity and continuous cooperation, which reflects the level of mutual trust and common understanding in various fields, including regional security and stability.” He added, “Iraq’s exemption from the US visa restrictions confirms the strength of bilateral relations and the importance of joint cooperation in the security, economic, diplomatic and immigration fields, especially since the Iraqi government has demonstrated on more than one occasion that Iraq is continuing its approach to enhancing security and stability, cooperating with the international community to combat terrorism, and maintaining a safe and stable environment that contributes to strengthening regional and international partnerships. In addition, the government affirms its commitment to continuing to work with the United States and other countries to ensure common interests and achieve sustainable development for the benefit of the Iraqi people and the region.”
TIDBITS FROM FRANK26, 18 MARCH
Frank26
You think it's been difficult? Wait till this thing happens, oh my dear God. You're going to have to make decisions you've never made before.
How are you going to move a million dollars? How are you going to protect it? Where are you going to move it? Who's going to move it for you? Who are you going to trust? Did you calculate the taxes?
[Security and stability] is not just because of the Iraq dinar/the Iraqi monetary reform of their currency.
It's not just because of that. That's part of it yes, everybody knows what the Iraq currency is about to do. No it's not a secret. But there are other things that have brought security and stability.
https://dinarevaluation.blogspot.com/2025/03/tidbit-from-frank26-15-march_01977401645.html
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What's the reason why we don't have the new exchange rate for the new currency Iraq to give purchasing power to the Iraqi citizens? What's the reason why?
Why don't we have it? Is it because the weather is too hot? Is it because we have an alignment of stars?
Is it because the leadership in Iraq,
Sudani, he's just a bad man? What is the reason why we don't have the monetary reform with a respectable exchange rate that the world wants? Iran...security.
Do we have security with Iran? No...[but] the security and stability of the Middle East is spreading.
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4/18 Latest Iraq Dinar Update and Govt Formation News
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