Wednesday, August 6, 2025
💵❌🔊 "Fake News Alert! Bank of Baghdad: 💸 Dollar Transfers Still Rolling!" ✅🏦
💵❌🔊 "Fake News Alert! Bank of Baghdad: 💸 Dollar Transfers Still Rolling!" ✅🏦
🗓️ August 5, 2025 – Economy News Baghdad
🚫 Rumors Busted!
The Bank of Baghdad has denied reports claiming it suspended dollar transfers.
📢 Official Statement:
👉 “We’re operating normally. No suspension. No disruption.”
👉 All USD foreign transfers are continuing as usual, under the watch of the Central Bank of Iraq 🏛️
📋 Key Points:
✅ All services are active & compliant with CBI regulations
📊 Transfers follow strict standards of governance & transparency
🧾 The bank urges the public to avoid fake news and check facts before spreading information 🧐
💬 Bottom Line:
Bank of Baghdad is business as usual — your dollars are safe and flowing 💸💼
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The Bank Of Baghdad Denies Suspending Dollar Transfers
Banks Economy News – Baghdad The Bank of Baghdad denied on Monday reports circulating about a suspension of dollar transfers, stressing that the bank continues to provide its banking services as usual and regularly.
The bank clarified in a statement received by Al-Eqtisad News that all banking operations, including foreign transfers in dollars, are conducted in accordance with the controls and instructions issued by the Central Bank of Iraq and in line with standards of financial compliance, governance, and transparency.
The statement added that the Bank of Baghdad is fully committed to implementing the instructions of the Central Bank of Iraq, calling on the media and the public to exercise accuracy and refrain from circulating rumors or unreliable information. https://economy-news.net/content.php?id=58343
🪖 BOOTS ON THE GROUND REPORT (Frank26 & Firefly): 🚨🇮🇶 "Iraq on the Edge? Trump Drops the Hammer!" 🇺🇸💥
🚨🇮🇶 "Iraq on the Edge? Trump Drops the Hammer!" 🇺🇸💥
🪖 BOOTS ON THE GROUND REPORT (Frank26 & Firefly)
🗣️ FIREFLY:
Iraqi TV is blasting urgent warnings from the U.S. ⚠️ — The Shiite PMF bill is being labeled a major threat to Iraq’s sovereignty.
🇺🇸 Trump has warned:
👉 If this bill passes, sanctions are coming 😨
👉 The IQD could be devalued 💸
👉 Years of progress could be undone 🏗️
🔥 This is serious.
🧠 FRANK26’s Response:
Relax. 😎
💪 “Who do you think is backing Sudani?
➡️ MY Trump. End of story.”
📉💼 "Iraq’s 5-Year Master Plan: Jobs Up, Poverty Down, Oil Dependency Out!" 🚀🌾
📉💼 "Iraq’s 5-Year Master Plan: Jobs Up, Poverty Down, Oil Dependency Out!" 🚀🌾
📰 Ministry of Planning (Aug 5, 2025) — Big goals for Iraq’s future:
✅ Top Targets for 2024–2028:
📉 Unemployment dropping to below 10% (from current 13%)
📈 Economic growth projected at 4.24% annually
💵 Inflation to stay stable and protect the most vulnerable
🧑🌾 Poverty to fall below 15% nationally
🏗️ Investment Strategy:
🏛️ 65% Public / 🏢 35% Private sector investment ratio
🎯 Focus on manufacturing and agriculture:
🏭 Manufacturing to hit 2%+ of GDP
🌾 Agriculture to hit 3%+ of GDP
🛢️ Goodbye Oil Addiction?
Plan aims to cut oil sector’s share of GDP by 25%
🚜 Diversification is key: growing non-oil industries and exports
📊 Population & Human Capital:
🌍 Population growth to stay at 2.5%
👨🎓 Focus on human development & job creation
💬 Ministry says: Iraq is laying the foundation for a balanced, inclusive, and sustainable economy — not just oil-rich, but opportunity-rich.
Ministry Of Planning: The Five-Year Development Plan Will Reduce Unemployment Rates To Below 10 Percent
Buratha News Agency1762025-08-05 The Ministry of Planning revealed, on Tuesday, the most prominent quantitative, economic and social targets included in the five-year development plan for the years (2024-2028), indicating that the five-year development plan will reduce unemployment rates to less than 10 percent.
The official spokesperson for the ministry, Abdul Zahra Al-Hindawi, said: “The plan aims to achieve an annual economic growth rate of 4.24 percent,” explaining that “this rate depends on several factors, most notably oil prices, the size and composition of investments, industrial production, and international trade.”
He added that "among the plan's primary objectives is to maintain the population growth rate at its current level of 2.5%, based on the results of the population census, in line with the requirements of developing human capital."
He pointed out that "the plan seeks to reduce unemployment rates by no less than 10% from the current level of 13%, while maintaining stable inflation rates that do not affect the poor segments and support job creation."
Regarding investments, he explained that "the plan aims for government investments to constitute approximately 65% of total investments during the implementation period, compared to 35% for the private sector."
He also indicated that "poverty rates will witness a decline to less than 15% at the national level," adding that "the plan places special attention on developing the manufacturing industries and increasing their contribution to the GDP to more than 2%, in addition to raising the contribution of the agricultural sector to 3%.
The plan also aims to reduce dependence on oil, by diversifying sources of income and achieving growth in non-oil sectors, with expectations that the contribution of the oil sector to the GDP will decline by up to 25% from its current level during the five-year plan." https://burathanews.com/arabic/news/463705
☕ Coffee with MarkZ - Highlights
☕ Coffee with MarkZ - Highlights (08/06/2025)
Guest: Andy Schectman (Miles Franklin)
Source: PDK notes – not verbatim
🔔 General Tone & Intel
Intel remains quiet across the board — not much new news.
Speculation and hopes continue, but timing remains uncertain.
Some “truthers” say the RV is far off, others say “today is the day.”
MarkZ remains hopeful but cautious: “No one knows the exact timing.”
💬 Notable Comments
Some say gold-backed currency might not come until July 4, 2026 — Mark clarifies he didn’t say that, but was quoting Trump or Judy Shelton.
Judy Shelton reportedly said 50-year gold-backed bonds are expected by July 2026.
Reference to Ray Dalio warning about USD devaluation possibly triggering a return to the gold standard.
🏦 Banking & Economic Notes
A member reported their credit union in Tampa is ISO 20022 compliant and preparing for new account types.
Talk of NESARA/GESARA: some believe parts of it are already rolling out, even if not called that.
🇮🇶 Iraq Developments
Oil pumping to Turkey resuming “today or tomorrow.”
Kurdistan delegation in Baghdad pushing for payment of regional salaries (dependent on oil resumption).
Political chaos in Iraqi Parliament – a physical fight broke out between Sunni and Shiite members over council appointments.
Iraqi laws being finalized: oil & gas law, popular mobilization laws — signs that groundwork for RV is still progressing.
US military presence shrinking in Iraq — bases consolidating or closing.
🗣️ Trump & Speculation
Trump expected to make an announcement at 4:30 PM EST — unclear if it’s related to the RV.
Some speculate the RV won’t happen until Fed Chair Powell leaves next May, but many hope that’s not the case.
🤝 Closing Thoughts
Andy Schectman was a guest; listeners are encouraged to watch the replay for his insights.
Community jokes around: references to becoming millionaires like the Clampetts from The Beverly Hillbillies.
Tuesday, August 5, 2025
Big Moves This Week: Money Deposited, Redemption Starts & New Rates Incoming! 💰📈
🚨 WEEKLY GCR UPDATE – August 3-15, 2025 🚨
Sun, Aug 3: Wolverine confirms 💸 “Money has been deposited into paymasters’ accounts. Everything’s ready!” Bond Holders already have appointments for Aug 4 📅.
Trigger Funds Paid: A2Z Dreamz confirms trigger payments happened Aug 1, unlocking appointments & confirmations this week 🔓.
Judy’s Warning: Avoid banks for currency exchange! Better rates await at Redemption Centers 📞 with appointments via 800 numbers.
Executive Orders: Signed July 31 by President Trump, adjusting tariffs on Iraq, Vietnam & others. Countries must comply by Aug 7 or face higher tariffs 🚨.
Forex Markets: Rates “shuddering and rumbling” as liquidity injections approach overnight 🌙.
Important Dates:
Aug 4: Tier4b Redemption starts, new rates may appear on Forex 🎯.
Aug 7: Tariff changes deadline ⏳.
Aug 15: Final deadline for new rates to be public on Forex 📊.
Stay alert! The countdown to a financial shift is real 🚀💥.
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