FIREFLY:Sudani announced he now has the largest block in all of the political parties.
FRANK: Wow. Want to lose it? Want to lose that power? Don't give us a new exchange rate. You want 60% tariffs? Don't give us a new exchange rate.
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FIREFLY:Television says Trump is imposing 30% traffics on us here in Iraq.
FRANK: All you have to do is just raise the value of your currency you knuckleheads...
Did you notice the tariffs he did put on you when he hit everybody else with tariffs was minuscule?
But he's sending out a bunch of letters now and you're on that list.
Why? Because you haven't raised the value of your currency...As soon as you're ready to come out and float and be part of the international world with some reality...and [Trump] will remove the 30%.
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FIREFLY: They keep talking about what a great job we have done to narrow the gap between the parallel market and the official rate.
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FIREFLY:The Untied States Federal Reserve still holds our oil reserves, our money, and this affects our economy and our exchange rate. FRANK: Yes, America is still holding on to your oil because we are protecting it...Executive Order 13303 has something to do with it.
It's a good thing. It's not a bad thing...Evil pigs tell you it's going to affect your exchange rate of the dinar. Well, of course it is...but in a positive way. It's going to improve it.
Al-Sudani receives the US Chargé d'Affaires to discuss bilateral relations and the regional situation
Prime Minister Mohammed Shia Al-Sudani received, today, Sunday (July 13, 2025), the US Chargé d'Affaires to Iraq to discuss bilateral relations and the regional situation.
Al-Sudani's media office stated in a statement received by Baghdad Today that "the latter received the Chargé d'Affaires of the United States Embassy in Iraq, Stephen Fagin, where they discussed bilateral relations between the two countries and reviewed the most prominent files of joint cooperation in various fields."
The statement added that "the meeting discussed the overall situation in the region and the need for the international community to take immediate steps to prevent the region from sliding into a cycle of war." link
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: On Saturdays we have the CBD Gurus first and then on to the news at the 45-minute mark.
Member: GM Mark, Mods and family! This would be a great weekend for our blessing. Praying it in.
Member: Is this our last weekend?
MZ: Most of my bond contacts think this is our last weekend. I pray it is. Overwhelming bond folks think they get their money over the weekend.
MZ: I assume with the Fednow system down they will have access on Monday. We are hoping and praying this is true.
Member: Why is Fednow down?
MZ: Because of a whole new update. Bank wires are down, many government sites are down. Many banks doing system upgrades. Even the IRS is getting a system upgrade. Between the 11th and 14th of July many financial things are getting upgrades.
MZ: We are hopeful that things are about to have a new value. This is one of the steps that needed to be completed so they can flip the switch.
MZ: My redemption center/wealth management folks are not working this weekend…nor are they on call. So for me I am not looking for an RV this weekend…but these folks have been working hard the last few weeks. I even have a Chase contact who said they have lifted restrictions on amounts of foreign currency in preparation …I loved hearing that one.
Member: Redemption folks may be extra busy soon and enjoying last weekend off.
Member: Hearing the Fed Chair is resigning….are we seeing the end of the Fed??
MZ: We keep hearing rumors …not getting anything vetted and clear yet. We do know he wont be back after his term ends and its almost over. But my take is we might be watching the end of the Fed. We are also watching the old system kicking and screaming on its way out of the door.
Member: Chase bank has been updated earlier this year
Member: Another rumor is Trump is going to put Tatiffs on Iraq if they don't RV this weekend !
MZ: I do not believe that is true….
MZ: Lots of HCL stuff happening though.
Member: Per Frank26 the HCL and oil agreements have been reached and we now are waiting on the salaries to be agreed too since it’s tied to oil. IMF is fed up and is telling Iraq enough
MZ: In Iraq: “ Among them are forgery, currency smuggling, and real estate usurpation. (CONSIOUS)opens 15 files with the Public Prosecution” They are going after old crimes from Sadaam Hussein and the Bush camp that was stealing from Iraq for years. They are cleaning up old files.
MZ: These are things that needed settled before they revalue. I love they are cleaning things up.
Member: should go by end of this month. That's my opinion.
Member: Everyone have a wonderful weekend. See you all Monday morning.
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
Leveraging Iran's Defeat to Strengthen U.S.-Iraq Security Relations
Tehran's Iraqi proxies mostly sat out the twelve-day war, but this pragmatic restraint will not forestall growing U.S.-Iran competition over Iraq's airspace, economic partnerships, and other sectors.
Trump's Looming Tariffs could Target 4 MENA Countries
From Iraq to Algeria, Trump's looming tariffs could target 4 MENA countries
The United States has a trade deficit with Iraq, Algeria, Libya and Tunisia, according to the US government, prompting the president to send them letters warning of new tariffs.
I have said it many times that this reinstatement of the dinar is nothing but political. Can you see it now in the comments made by Tammy Bruce? If it wasn’t the Dr Shabibi coup would have never happened. The newer lower denominations would be in circulation and we would have already been to the bank.
We can try to ignore the political side but if we truly want the TRUTH we must connect the pieces and see it. Trump’s policy towards Iraq is one of hope but he is also going to first use Iraq as a platform for peace in the middle east. We have to sit and watch it all play out.
So today we have a good idea of what the U.S. policy is towards Iraq. When the U.S. really steps up to the plate economically in Iraq you will see wonderous things happen. But first things first as the U.S. does not want it investment squandered by war and instability. This means dealing with Iran and these terrorists organizations first.
Trump wants ACTION not WORDS
Take a peak at the article titled “TRUMP’S TAX HITS IRAQ’S ECONOMY HARD… 3 URGENTLY NEEDED COURSES OF ACTION”. If you haven’t heard already earlier this week, US President Donald Trump announced the imposition of tariffs on six countries, 30% on Algeria, 25% on Brunei, 30% on Iraq, 30% on Libya, 25% on Moldova, and 25% on the Philippines. We must dive deep as to why Trump is doing this move. He wants to negotiate with these countries and so this is a platform to get their attention to do so. Why have they not already contacted the U.S. on this tariff issue, as they knew darn well it was coming?
In the articles titled: “INTERNATIONAL WARNING TO IRAQ.. AN EXPERT DISCUSSES THE IMF REPORT: YOU ARE TO BLAME, TOO.” and “IMF EXECUTIVE BOARD CONCLUDES 2025 ARTICLE IV CONSULTATION WITH IRAQ”. We read the pros and cons in the IMF executive summary for Iraq 2025 consultation. Interesting to note it seems the IMF has mixed emotions about the Iraqi economy.
Iraq has managed to uphold domestic stability despite regional turmoil and global uncertainty. At the same time, the non-oil economy slowed down in 2024 following a very strong growth in 2023.
(All VERY positive comments about STABILITY)
The important part is that Inflation has remained subdued amid weaker demand. Financing constraints and lower oil revenues are expected to constrain fiscal spending, taking an additional toll on economic activity. (This is why the budget tables for 2025 have not yet been released. The GOI does not want to complete the projects allocated for 2025 due to a drop in oil revenues.)
Against a baseline of low oil prices, fiscal deficits and external accounts are projected to deteriorate further over the medium term unless significant reforms are undertaken to increase non-oil revenues, control the public wage bill, and boost non-oil growth potential through an ambitious structural reform agenda. (We have read all about these other sources of revenues. Iraq just needs some time to implement them fully. Many of these revenue sources will out weight the revenues from the oil.)
The expert’s criticism of the IMF itself stems from the fact that the IMF itself is unaware of the Iraqi political and social context, which makes implementing the “ready-made recipes” it offers extremely difficult. Its proposals clash with the spread of the deep state’s influence and its obstruction of tax reform aimed at increasing non-oil revenues, for example. (So please don’t tell me we are not supposed to study the political side or that politics has nothing to do with getting the reinstatement done! 😊 All you other intel gurus can safely stay away from politics and give out your stupid nonsense every day- any day RV dates to your listeners, but I stick to reality and common sense, sorry! )
We must continue our prayers. How much do we want the RV? We must consider the Iraqi people to in our prayers as the RV means much more to them than to us. They need their normalcy back to prior to 1991. We must stay focused on the prize. It is coming.
