FIREFLY: the dinar is gaining against the dollar in our country.‪@DINARREVALUATION‬ #iraq #iqd

 

The World Bank Finances The Iraqi Railway Project With $930 Million

 The World Bank Finances The Iraqi Railway Project With $930 Million

Local | 12:34 - 06/27/2025  Mawazine News - Baghdad -  The Ministry of Transport announced on Friday that it had obtained World Bank approval to finance a $930 million loan to rehabilitate the existing railway line, while pointing to a plan to connect Iraq's railways to the ports of Faw and Umm Qasr, all the way to Turkey.

The Ministry of Transport's media director, Maitham Al-Safi, said, "The maritime railway connection plan that the ministry is working on under the supervision of Transport Minister Razzaq Muhaibis Al-Saadawi, includes linking the existing railways to the Grand Faw and Umm Qasr ports, heading towards the northern regions and reaching Turkey.

" He explained that "the plan represents an integrated government vision for operating the first phase of the Grand Faw Port project, which includes five berths, and completion rates have reached very advanced stages." He pointed out that "this approach contributes to achieving multimodal transport goals, paves the way for connecting Iraq to the European continent and strengthening its role as a regional logistics hub."

He added that “the Development Road Project – Phase One is not limited to linking southern Iraq to its north, but rather serves as the foundation for the Strategic Development Road project, the detailed designs of which have reached advanced stages.” He noted that “the project will provide multiple future connections with Europe, whether via the current road or across its three strategic phases.”

He pointed out that “the strategic dimension of this plan is to transform Iraq into a hub for regional and international transport and trade,” noting that “the negotiations of the assigned government committee, headed by the Minister of Planning and including a team from the Ministry of Transport, with the World Bank resulted in the bank’s approval to finance Iraq with a $930 million loan, allocated to rehabilitating the current railway line and upgrading the technical and administrative capabilities of the General Railways Company.”

He pointed out that “the loan will cover the modernization of the locomotive fleet, the renewal of maintenance workshops, and the development of infrastructure, in addition to providing technical support to enhance the efficiency of institutional performance and modernize railway transport systems within the framework of a comprehensive reform vision.”

He continued, “This project represents a qualitative leap in the transport sector and enhances integration between maritime and railway transport, putting Iraq on the right path to achieving sustainable development and expanding its strategic role in international trade.”  https://www.mawazin.net/Details.aspx?jimare=263145

EXCERPTS FROM MARKZ

 EXCERPTS FROM MARKZ

MZ: I am hearing multiple rumors of payments in groups and expected release of group payments. If this is accurate- we can throw a party. Trying to vet it right now…along with other rumors. 

MZ: There are other rumors – a flurry of them overnight that the Iranian regime has changed. And the Iranian military is now working directly with the US. For now treat it as a rumor until confirmed. 

MNT GOAT: "SHRINKING THE PARALLEL MARKET", MY CBI CONTACT TOLD US THAT ...

Al-Hakim to US: Iraq won’t fight others’ wars

Shafaq News – Baghdad

Iraqi political leader Ammar al-Hakim said Friday that Baghdad has repeatedly informed the United States of its firm stance against being drawn into regional conflicts, stressing that Iraq seeks peace and will not serve as a proxy in Middle East wars.

Speaking during a speech marking the first day of Muharram (the beginning of the Islamic New Year), al-Hakim, head of Al-Hikma (Wisdom) Movement, stated, “Iraq has conveyed to the US administration multiple times that it is a sovereign state that advocates peace in the region and does not wish to be part of any war or conflict, nor a source of threat to any country.”

He added that Iraq rejects external pressures or mandates that contradict its national will and the interests of its people.

Turning to Iraq’s upcoming parliamentary elections scheduled for November 11, al-Hakim urged Iraqi youth to participate actively, emphasizing that the country “is in urgent need of their engagement.”

He stressed that high voter turnout remains the most effective way to select competent representatives and hold underperforming leaders accountable.

Coffee with MarkZ and Mr. Cottrell . 06/27/2025

 Coffee with MarkZ and Mr. Cottrell . 06/27/2025

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: TGIF and Good Morning to everyone

Member: Hopefully Mark and Mr. C will have some very encouraging words for us today.

MZ: I am hearing multiple rumors of payments in groups and expected release of group payments. If this is accurate- we can throw a party. Trying to vet it right now…along with other rumors. 

MZ: There are other rumors – a flurry of them overnight that the Iranian regime has changed. And the Iranian military is now working directly with the US. For now treat it as a rumor until confirmed. 

 MZ: “Al- Aidani oversees the final stages of Iraq’s largest infrastructure project”they are building a new capital city for a region. Including all the infrastructure….this is a huge project. 

MZ: “New Iraqi TIR route : a game changer for Europe-GCC logistics”  they are talking about the billion dollars Iraq was given by the World bank to expand its rail service which will take some of the traffic off the road system. They now have open routes overland through Iraq from Iraqi ports through Turkey and moving goods directly to Europe.

MZ: This is part of the development road project and its finished ahead of time. 

MZ: “New agreement between Baghdad and Erbil to unify customs and tariffs at border crossings” This is one of the biggest sticking points for the HCL and Gas and Oil laws…..We are now seeing it completed….so they can lift the value of their purchasing power. 

MZ: This speaks to me of Nesara/Gesara: “ The last of which is 160 million dollars Disclosure of a movement to recover Iraqi funds and real estate” …This could be part of the settlements like Historic bonds….to clean the slate. 

Member: any news on the Zim or the bolivar?

MZ: No recent news on either. 

Member: July 1st is the start of the US third quarter and when Basel 3 banking laws are supposed to start worldwide…... July 4th is rumored to be a big day…and every Saturday banks close worldwide overnight…..a good time to change rates. Fingers crossed one of those is what we are waiting for. 

Member: Thanks Mark and Mods and Mr. C.  Everyone enjoy your Friday. God Bless

No podcast tonight 

MNT GOAT: The time of the reset is nearing!! @DINARREVALUATION #iraqidi...