KTFA Monday Night CC "WalkingStick Wants to Talk To You KTFA" 2-6-2023

KTFA

Monday Night Conference Call

2-6-23……WS (WalkingStick)  WANTS TO TALK TO YOU KTFA…..

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE

https://www.youtube.com/watch?v=xCwCeP_ffhA

Monday Evening News With MarkZ 2-6-2023

CBI delivers report and submits budget. Evening news with MarkZ

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 Evening AMERICA and all the Ships at Sea, Are WE ready to RV

Member:  So, are we there yet?

Member: If they have a budget….Iraq must have a rate! maybe tomorrow is our day to start our appointments!  Truly hoping and starting to expect 800 numbers tomorrow

Member: I am thinking that Wednesday is our day!

Member: Rumors are Dinar opened at $1.20 and already floated above $3.00 on the street today. The CBI needs to announce their international rate and we should be able to make our appointments. Should be soon!

Member: One thing about it... None of us has ever been where we are right now! Treading new waters

Member: hope Mark has good news for us

MZ: What I am catching on news, rumors and chatter: This one I don’t want to share but feel I need to . I am hearing from a number of bond folks that received a percentage starting on the 4th and 5th and over the weekend. I don’t know what this means….I just know they did not receive full dollars.

MZ: The overwhelming majority expect FULL funding  around the 14t or 15th…..That is what they were told. I do not believe the RV has to wait that long.

MZ: All of my banking sources are absolutely convinced that it will happen overnight tonight and into tomorrow.  It could be accurate but it could be a little premature. But we are certainly close.

MZ: My banking side contacts are convinced this is it…..we will see if they are right.

MZ: I am also hearing from other sources that F&Ps (fines and penalties) are being updated….I have heard this from a number of unrelated sources.  I feel very good about this one.

MZ: Stay grounded ….it definitely appears we are on the edge of the precipice and getting ready to go on down to the valley of milk and honey. .

Member: Frank26 is in a Red suit tonight – RED ALERT~~ that is good!!

Member: I watched Dr. Pruitt this afternoon for the first time. Great intel on her today's show!!!

Member: Dr Pruitt was talking about Gold Standard

Member: ​Dallas on PPN is saying that he thinks it is days not weeks or months

Member: Nadar posted another video a few minutes ago….. singing again!!!

MZ: Yes Nader posted and is singing again…..the first video today he posted that in Iraq they have submitted the budget to Parliament today….This is huge news.

MZ: in another video which was all in Arabic. Luckily our own Proud Arab American translated it and in a nutshell…….they are talking about how the dinar is the father of the dollar. The dinar is bigger and better than the dollar …and Iraqis need to use it.

MZ: Then today the CBI issued a Press release. “The Board of directors of the Central Bank of Iraq submits to the Prime Ministry the results of its study of the adjustment of the official exchange rate of the dinar”  We don’t know what’s in that official report…but we know it was sent to the government

MZ: There is supposed to be a team from Iraq arriving in DC Wednesday of Thursday …..

MZ: “Iran announces SEPAM system connecting Russia-Iran Banks and others in 13 countries”  this is a go around so they don’t have to use the SWIFT system  

MZ: Alasdair Macleod did a great one in GoldMoney” today.  “A tale of Two Worlds”  And boy does he break it down. The war between the western world and the eastern axis. The real war is in currencies.

MZ: “Removed taxes from the purchase of gold and silver”  Even most of the US states believe that Washington have lost their minds and the Federal Reserve is on the ropes…….In this article 42 states have removed taxes from the purchase of gold and silver. This article is from 2022  and 5 more states have now joined to mot tax gold and silver ….so only a couple left that still tax it. The rest of the states have fully acknowledged that gold and silver is money. The constitution says its money…..so its money.

Member:  Gold projected to rise to $30,000 w/in 60 months. Silver projected to be higher than gold

Member:  I wonder where all the new American millionaires are coming from on the US Debt clock!!

Member: Turkey I being hit with many earthquakes today……

Member:  Buffalo NY got a 4.4 earthquake this morning. It hit southern Ontario too. Shook the house and the dog went crazy

Member: Is it possible that Haarp technology was used to punish Turkey as it was wanting to join BRICS?

Member: That would not surprise me….the DS is evil.

Member: Turkey told NATO to go sit on a tack and then, BOOM, Earthquake. There are no coincidences.

Member: Watched a drone flyover of damage in Turkey. Devastating. So sad.

Member: Today has been a great day energy-wise. now we need to transfer that energy to the rv. let's go!!

Member:  If you’ve been on this rollercoaster ride, we have now gone over the top and are screaming with our hands above our heads at 100 miles an hour towards the thrilling end of our anticipated journey

Member: How many of you are dying to Mark in that golden egg shirt? Could tonight be the night? I’m thinking that will be his formal attire in the morning for our appointment announcements

Member: my fingers are crossed!!

Member: See you all for coffee in the AM

“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY"

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

The next stream is tomorrow at 10Am est……..unless.

https://www.youtube.com/watch?v=1Rdm5WVg0D0

Some Monday "Vietnam News" Posted by Henig at KTFA 2-6-2023

KTFA:

Henig:  Vietnam’s retail sales forecast to reach 350 billion USD by 2025

08:00 | 06/02/2023

The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59 per cent of the national GDP, according to the Ministry of Industry and Trade (MoIT).

Last year, the total revenue from retail sales of goods and services rose 21 per cent, exceeding the target of 8 per cent.

A survey by Vietnam Report showed that over 53.8 per cent of total retail firms enjoyed similar and higher business results compared to the pre-pandemic level.

Experts held that growth of retail sales is being supported by rise in income and the strong recovery of the tourism sector as well as relevant sectors such as transport and accommodations, as well as the effectiveness of inflation control measures.

There are signs of vibrant retail activities as many foreign investors have announced their plans to return after COVID-19.

Recently, Thailand’s Central Retail said that it will pump an additional 20 trillion VND (852.87 million USD) into the Vietnamese market in the next five years, pushing its investments in Vietnam in the 2022-2026 period to 65 trillion VND. With this plan, Central Retail will raise their coverage from 40 localities currently to 55.

Meanwhile, Japanese giant retailer Aeon Group plans to build another megamall in Hanoi, raising its total trade centres in Vietnam to 20.

In 2023, four trade centres are scheduled to be launched - Central Premium Plaza, Vincom Megamall Grand Park, Sunrise City Central and Emart 2 with a total area of over 116,000 sq.m.

Many experts predicted that this year, retailers will expand their selling channels, bringing their products to different trading platforms to optimise online retail channels.

Vietnam’s total retail sales of goods and services in January was estimated at 544.8 trillion VND, up 5.2 per cent from the previous month and 20 per cent as compared with the same period last year, according to the General Statistics Office (GSO).

The office explained that the hike was attributed to the growing consumption demand as Tet (Lunar New Year), the biggest and longest festival in the Southeast Asian nation, fell in the month.

Of the total, the retail sales of goods were 435.4 trillion VND, a year-on-year rise of 18.1 per cent, with the biggest increase seen in garments (27 per cent).

Source: VNA   LINK

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Henig:  Market expected to move in a narrow range this week

February, 06/2023 - 08:15

The market needs a period of accumulation in a narrow range to create a solid foundation before a new uptrend can be created.

HÀ NỘI — The Vietnamese stock market struggled following the Tết holiday, but liquidity improved as selling pressure increased, reflecting investors' desire for profit-taking. However, experts remain positive about the market's development in the future.

The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) ended last week at 1,077.15 points, while the HNX-Index on the Hà Nội Stock Exchange (HNX) was at 215.28 points.

For the week, both indices recorded a weekly loss, with the former losing 3.6 per cent and the latter down 2.5 per cent.

Trading value on the main exchange HoSE increased by 23.1 per cent compared to the previous five trading sessions to nearly VNĐ66.65 trillion (US$2.8 billion), corresponding to a 25.1 per cent gain in trading volume to over 3.6 billion shares.

Similarly, the trading value on the HNX also advanced by 38.6 per cent to VNĐ6.9 trillion, equivalent to a 40 per cent increase in trading volume to 469 million shares.

The market's correction caused most of the stock industries to decline. Of which, financial stocks dipped the most with 4.8 per cent in market capitalisation, followed by realty and information technology stocks.

Foreign investors were net buyers on both exchanges last week, worth more than VNĐ1.8 trillion, supporting the overall market. In terms of net volume, they bought Hoà Phát Group (HoSE: HPG) most with 39.7 million shares.

Others were fund certificates FUEVFVND and Sacombank (STB) shares with 13 and 12.9 million units, respectively.

On the contrary, Sieu Thanh Corporation (ST8) was sold the most with 6.4 million shares.

Analysts from Saigon - Hanoi Securities JSC (SHS) said that last week was a strong correction week for the market as the VN-Index dropped more than 40 points during the week and closed at 1,077.15 points. The market has entered a correction week after four weeks of consecutive gains since the beginning of 2023.

However, SHS believes that the market is in a recovery phase after escaping the downtrend but failing to establish an uptrend immediately. The market needs a period of accumulation in a narrow range to create a solid foundation before a new uptrend can be created.

In the short term, SHS believes that last week’s correction was predictable and necessary to accumulate more, and the recovery wave may not be over. And after the correction period, the VN-Index may still reach the level of 1,150 points, the securities firm added.

The current phase of the market is in a recovery wave with a wide range after a downtrend, and gradually the market will fluctuate less and less to accumulate. However, in the accumulation phase, more and more medium- and long-term investment opportunities will form, especially in the group of strong stocks that are less affected by the recent downtrend and those that recover earlier and tend to break the peaks.

Meanwhile, VCB Securities Company (VCBS) said that the short-term risks of the VN-Index will be reduced temporarily.

It is highly likely that the market will continue to fluctuate in a narrow range and that there will be a clearer divergence among groups of stocks in the coming sessions. In that case, the rebound of demand might help the VN-Index jump after touching the MA20 crossover area.

"Investors can disburse capital with a proportion of 10-15 per cent for large-cap banking ticker symbols, and that tends to lead the general market to recover," said VCBS.

— VNS    LINK

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Henig:  E-wallet market in Việt Nam estimated to reach 50 million users by 2024

February, 06/2023 - 08:53

The modern e-wallet market in Việt Nam is surging and is expected to reach 50 million active users by July 2024, experts said.

HCM CITY — The modern e-wallet market in Việt Nam is surging and is expected to reach 50 million active users by July 2024, experts said.

In a report, Robocash Group said: “the modern e-wallet market in Việt Nam is booming with 90 per cent of the market falling on three wallets: Momo, Moca and ZaloPay.”

The country is seeing tough competition, given that there are 40 electronic wallets in operation, the report said.

Robocash Group estimates that by July 2024, the e-wallet market will have 50 million active users, 100 million by May 2026, and 150 million by July 2030.

In addition to the already mentioned wallets, there are three other major competitors including ShopeePay (AirPay), ViettelPay and VNPT Pay. The top six already account for 99 per cent of the market. 

According to a Decision Lab study, at the end of 2021, 56 per cent of the Vietnamese population that had an e-wallet use Momo. The portion is 17 per cent for Shopee Pay, 14 per cent for Zalo Pay, 8 per cent for ViettelPay, 2 per cent for Moca and 1 per cent for VNPT Pay.

Robocash analysts observed that over the past four years, the number of active users has increased by an impressive 330 per cent, from 12.3 million to 41.3 million.

About 57 per cent of the country’s adult population actively uses e-wallets, in contrast to just 14 per cent at the end of 2018, which is considered significant penetration. 

The Vietnamese e-wallet market can compete with traditional or digital banking, Robocash said, adding that the current six super apps mentioned above have unlimited potential to attract new customers not only within Vietnam itself, but also beyond its borders.

By July 2030, the market share of active users will likely be distributed as follows: Momo 47.3 per cent, ViettelPay 30.2 per cent, ZaloPay 16.5 per cent, VNPT Pay 5.6 per cent, Moca 0.4 per cent.

— VNS    LINK

Henig:  Durian prices hit record high as demand surges

February, 06/2023 - 08:16

Durian is being purchased by traders in Mekong Delta region for VND150,000-190,000(US$6.4-8.1) a kilogramme, three times higher than the same period last year and the highest level ever.

TIỀN GIANG — Durian is being purchased by traders in Mekong Delta region for VNĐ150,000-190,000(US$6.4-8.1) a kilogramme, three times higher than the same period last year and the highest level ever.

The reason for the high price of durian is that durian is still off-season and supply is low. Meanwhile, strong demand is coming from the Chinese market as well as domestic markets.

Huỳnh Tấn Lộc, director of the Ngũ Hiệp Durian Co-operative in Tiền Giang Province’s Cai Lậy District, said the prices of the fruit have increased sharply since the beginning of this year.

The country’s largest durian producing province has more than 17,000ha of the fruit, mostly in the Cai Lậy, Cái Bè and Châu Thành districts and Cai Lậy Town.

The orchards have an average yield of 20-25 tonnes per hectare and farmers harvesting now can earn VNĐ1-1.5 billion ($43,000-64,000) per hectare, the highest of any speciality fruit, according to the provincial Department of Agriculture and Rural Development.

But their output is not large because it is the off-season, it said.

Trần Minh Kha, a trader from Cần Thơ City, said after a week of buying durian in Tiền Giang, he still did not have enough quantity to meet demand as the price of his inventory continued to increase every few days. 

Nguyễn Thị Hạnh, a trader from HCM City, said that she has had to pay a commission fee for brokers who can help her buy durian.

"This is the first time I pay commissions for brokers. However, there are still not enough durians to supply my partners," she said.

Every day, she can only buy about 16-17 tonnes of durian while the demand is up to hundreds of tonnes, Hạnh said.

In 2022, durian export turnover was at nearly $400 million, and of that, $300 million to China.

According to the Việt Nam Fruit and Vegetable Association, Vietnamese durian has many competitive advantages in the Chinese market. Both Thailand and Philippine durian exports are seasonal, while Vietnamese durians have year-round exports.

In addition, the distance to transport durian from Vietnam to China only takes about one and a half days, which ensures fresh fruit and cheaper shipping costs than competitors' goods.

Currently, the price of Vietnamese durian sold in China is still much cheaper than Thailand and the Philippines durian, so it is popular with the majority of people in this country.

– VNS   LINK

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Henig:  Việt Nam’s industrial production to rise 6.6 per cent in 2023: S&P Global

February, 06/2023 - 08:03

Việt Nam is predicted to record a rise of 6.6 per cent in industrial production in 2023, according to S&P Global Market Intelligence.

HÀ NỘI - Việt Nam is predicted to record a rise of 6.6 per cent in industrial production in 2023, according to S&P Global Market Intelligence.

S&P Global noted the Vietnamese manufacturing sector continued to face challenging business conditions in the opening month of 2023. Production and new orders continued to decline. That said, there were some signs of improvement in demand as new business fell at a softer pace, helped by a renewed expansion in new export orders.

The S&P Global Việt Nam Manufacturing Purchasing Managers' Index (PMI), released on February 1, posted 47.4 in January, up from 46.4 in December but still pointing to a solid monthly deterioration in the health of the manufacturing sector.

January data signalled a further marked decline in manufacturing production, albeit one that was slightly softer than seen in December. Lower new orders were often behind falling output, with some firms indicating that customers had sufficient stock holdings and so didn't need to purchase at present.

Total new orders were down for the third month running in January as demand conditions remained challenging. That said, there were some signs of improvement, particularly with regard to new export orders which rose for the first time in three months. As such, total new business fell at a modest pace that was the softest in the current period of decline.

The cost of raw materials, alongside falling workloads, meant that some firms lowered their purchasing activity again in January. Some signs of improvement in demand conditions encouraged other manufacturers to expand input buying, so that overall purchasing activity was broadly unchanged. Declines in the purchasing of inputs in previous months, however, led to a reduction in stocks of purchases.

Business confidence improved to a three-month high amid hopes that demand conditions will strengthen over the course of the year, feeding through to growth of output. The relaxation of pandemic restrictions in the mainland China was another factor behind the positive outlook. More than half of the respondents were optimistic that production will rise over the next 12 months, according to S&P Global.

Andrew Harker, Economics Director at S&P Global Market Intelligence, said: “Although demand conditions for Vietnamese manufacturing firms remained challenging at the start of 2023, leading to further declines in output, new orders and employment, there were some more positive signs from the latest PMI survey. One of the main positives in January was a renewed expansion in new export orders, with the decline in total new business softening as a result.

“The loosening of COVID-19 restrictions in Mainland China, plus signs that downturns in Europe and the US may be less severe than feared, provided optimism that growth in Việt Nam could be around the corner. Indeed, business confidence improved to a three-month high at the start of the year. S&P Global Market Intelligence is forecasting a rise in industrial production of 6.6 per cent in 2023," he added.

VNS   LINK

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Henig:   Expressions of trust in Vietnam’s business environment

06:00 | 06/02/2023

(VEN) - Representatives of foreign organizations and diplomatic missions praise the Vietnamese Government’s efforts to promote economic recovery and development in 2022 and expect Vietnam will continue bouncing back in 2023.

Agustaviano Sofjan, Indonesian Consul General in Ho Chi Minh City: Vietnam remains an attractive destination

Despite the COVID-19 pandemic, Vietnam remains an attractive investment destination thanks to its strategic geographic location and appropriate economic development policies. Vietnam is improving its connectivity to global supply chains through participation in various free trade agreements (FTAs) including the Regional Comprehensive Economic Partnership (RCEP) Agreement that involves Indonesia. This is an important factor connecting the two countries to the global market.

Vietnam and Indonesia see good prospects for bilateral trade growth in 2023 and ensuing years. The two countries set a target of US$15 billion for 2028.

Matsumoto Nobuyuki, Chief Representative of the Japan External Trade Organization (JETRO) in Ho Chi Minh City: Many Japanese companies want to increase Vietnam investment

Japanese companies want to invest in labor-intensive industries and are interested in fields with high added value, such as automobile and electrical equipment.

The Japanese Ministry of Economy, Trade and Industry is encouraging Japanese companies to diversify global supply chains and is willing to support these efforts. So far, many companies have registered to participate in the program. Some 103 projects have been implemented, 41 of which are related to Vietnam and cover three sectors: metal processing, health services, and electrical equipment. Vietnam can attract more Japanese investment in these sectors.

Alex Tatsis, Economic Section Chief at the US Consulate General in Ho Chi Minh City: Enhancing supply chain adaptability

Vietnam is the 10th largest trading partner of the United States. Supply chains are the focus of the Indo-Pacific Economic Framework for Prosperity (IPEF). Within the IPEF, the US will coordinate with partners like Vietnam to identify fields and products that are important to national security, the recovery ability of the economy, as well as people’s health and safety, taking joint action to enhance the recovery ability in these fields, generate jobs and create economic opportunities for major industries.

The US supply chain linkages with Vietnam will help it promote exports to other markets all over the world more strongly in 2023 and ensuing years. This is why the US is helping Vietnam enhance its role in global supply chains in the long term. Specifically, the US is intensifying trade facilitation and helping enhance the private sector’s competitiveness, especially for small and medium enterprises. The Linkages for Small and Medium Enterprises (LinkSME) Project funded by the US Agency for International Development (USAID) helps Vietnamese SMEs improve manufacturing capacity, access financial resources and promote digital transformation, enabling their participation in global supply chains for the mutual interests of the two countries.

Alexander Nowakowski, Third Secretary of Economic Affairs, Polish Embassy in Vietnam: Trade is a top priority

The Polish business community is boosting trade promotion and investment cooperation with Vietnamese companies in the fields of farm produce and food processing to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and other FTAs.

The EVFTA has removed 71 percent of tariffs for Vietnamese exports as soon as it took effect. The remainder will be eliminated within seven years, creating favorable conditions for Vietnamese goods to enter the Polish market in particular, and the EU market in general.

A small country in Middle Europe, Poland is said to have successfully developed a market-driven economy, while maintaining socioeconomic stability. It is one of the fastest-growing economies in the EU. Trade with Poland will facilitate Vietnamese goods’ access to the EU market with 500 million consumers.

Jean Jacques Bouflet, Vice Chair of the European Chamber of Commerce (Eurocham) in Vietnam: Looking towards green exports

The Vietnamese economy is recovering strongly after the pandemic, creating an impetus for 2023 growth. Domestic companies have taken advantage of FTAs to boost exports. However, to compete in the EU market, Vietnamese businesses should abide by strict environmental regulations to meet the demand for green, sustainable goods.

The EU has committed to open, sustainable trade, coping with global challenges based on principles while maintaining competitiveness. The EVFTA with a Chapter on Trade and Sustainable Development will help increase Vietnam’s exports to the EU. However, to make the most of the trade deal, Vietnamese companies should look towards green, sustainable growth.

Green exports, i.e., export of low-carbon, environmentally friendly products, is a promising way for nations wishing to separate economic growth from environmental degradation.

Ngoc Thao   LINK

More News, Rumors and Opinions Monday PM 2-6-2023

DJ:  DID YOU KNOW ?

Here is some fuzzy math for you to digest. Trade deficit and how it affects the economy and in particular, currency. A trade deficit occurs when a country exports more goods than it imports or imports more than it exports. To accommodate global trade, countries keep “ Foreign Currency Reserves”. But how holding that currency reserve affects trade is the fuzzy math.

For example, China. China’s yuan is pegged to the U.S.dollar. If China stockpiles the dollar it raises the dollar’s value versus the yuan making Chinese exports cheaper than American made goods increasing China’s sales.

A lot of central banks use their reserves to keep their currency value lower than the U.S. dollar for the same reason. Japan buys U.S. treasuries to keep its currency value lower ensuring that Japan exports stay cheaper.

Keeping that in mind, here is where it gets dicey. By stockpiling U.S. dollars and decreasing the value of a country’s currency, so their goods are cheaper than the U.S.’s goods, it also works in reverse. If a country wants to increase its value it sells their U.S. reserves, but in doing so decreases the value of the dollar.

High global demand for the dollar allows the U.S. to borrow money at a lower cost and amplifies the power of its sanctions, but this dollar supremacy comes at a cost. Increased foreign demand for U.S. bonds bids up the dollar and makes U.S. exports less competitive, resulting in trade deficits and lost jobs. ( The Federal Reserve says that at any given time, about 45% of all U.S. banknotes are held overseas).

All told, anyone looking for all the U.S. dollars in the world in December 2022 could expect to find approximately $21.2 trillion in existence, using the M2 money supply definition. If you just want to count the value of notes and coins, there are about U.S. $2.3 trillion worth of notes and coins floating around the globe.

The IMF recognizes eight major reserve currencies: the Australian dollar, the British pound sterling, the Canadian dollar, the Chinese renminbi, the euro, the Japanese yen, the Swiss franc, and the U.S. dollar. The U.S. dollar being the most commonly held reserve currency, making up more than 60% of global foreign exchange currency.

The fact that this manipulation of reserve currency mechanism even exists is insane. When countries can manipulate their reserves and adversely affect the economies of another country at will, is a pretty strong indicator the global financial system is in need of revamping. Countries need to sell and export what they can produce and import what they need to survive. And it is all based on how their currency is valued or devalued. The concept of a GCR and all the mechanisms, agreements and activity related to pulling it off, is not only feasible but a necessity.

DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=216722

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Courtesy of Dinar Guru

Nader From The Mid East   They did two good things.  The budget has been presented yesterday.  Tomorrow should be on the table...by the end of the week should present to the government.  The second thing the CBI have finished one file on reducing the dollar exchange rate.  I hope they did good.  I hope they're not talking about 1460 or 1120...we'll see tomorrow what's going on...it's a question of time now.  Be patient.  We're almost there...One day it's going to hit.  That's it.

Sandy Ingram  Iraqis protested Friday in Baghdad demanding the government take action to stop the economy crisis...after the Iraqi dinar plunged again...to around 1750 Iraqi dinar to $1 at street exchangers in some parts of the country on Thursday compared to the official rate of 1460 dinar for $1 US.  On Friday...most exchange stores in Baghdad were closed while in the northern city of Erbil the dollar was trading at around 1710 Iraqi dinars to $1.  At the same time we are getting the news..from ABC and countless other news stations that the meeting between the US Treasury Department and the head of the Central Bank of Iraq the crisis has been averted.

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TNT:

CandyKisses: Kurdistan Regional Government suspends working hours in all institutions for three days

Baghdad - Nas   

The Kurdistan Regional Government announced a three-day suspension of working hours in all institutions, including schools, to protect the lives of citizens. 

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Tishwash:  Trading in digital currencies

We affirm what was stated in our circular No. (125/5/9) on 3/29/2022, in which it was decided to prevent the use of electronic cards and wallets for the purpose of speculation and trading in digital currencies of all kinds, with the necessity of the commitment of all licensed banks and all licensed non-bank financial institutions and all electronic payment companies with the following:

Take all necessary administrative, legal and technical measures to prevent and track such types of transactions and trades.

Educate your customers about the risks and procedures that will be taken against them according to the laws and instructions in force related to these transactions and trades.

Otherwise, all strict legal measures will be taken against your institutions and customers in accordance with the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the instructions issued thereunder in the event of non-compliance with the above.  link

Iraqi Dinar update for 02/05/23 - Is this a new type of exchange rate

Pimpy The Other Side of Things:  2-5-2023

https://www.youtube.com/watch?v=hr9iDpToVzE

We Have A Problem... The Global Debt Market Is Flashing A WARNING SIGNAL. Very Important Updates.

Greg Mannarino:  2-6-2023

https://www.youtube.com/watch?v=MMCDq_qnve0

MarkZ Monday Noon Chat 2-6-2023

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Monday 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

Rates are a Jump'n. Coffee with MarkZ 02/06/2023

Member:  I would rather Dinar'd and lost than to never have Dinar'd at all

Member:  To Dinar Or Not to Dinar That is the question!

MZ: We are going to keep this one short and tonight’s podcast may go longer. We have news screaming at us…..it’s almost minute by minute right now.

MZ:  I am getting great news from all my sources…and I have heard from some that they started funding historical bonds in Europe….have not been able to verify that yet though. I want an absolute guarantee its true before I announce it.

MZ: At this point they can hide it right in the open and many will not believe it .

Member: “Boy who cried wolf” syndrome.

Member: Mark - Nader posted a short video singing..

MZ: The chatter is off the hook in Iraq. They have stabilized their currency according to International news …and Epoch times. Nader even mentioned the yo- yo and how they have to sow disinformation up, down and sideways. We will not know exactly what is going on until the moment it happens. Nowb that the yo-yo has started we know how close we are.

MZ: Be sure to watch Naders videos at youtube….search for Nader from the mid east…..and like and share his content.

Member: My sister’s ex-husband lives in Iraq. She called him this weekend to verify Naders video and the possible rate of $1.29. He told her the rate has been changed and was $3.00 and possibly going up to $3.50

MZ: Yes that is the rumor on the streets of Iraq . Nobody can exchange yet for that so everybody stay calm. It’s still necessary for them to play yo-yo for security reasons.

Member: It’s exciting that rates are showing for many to see

MZ: “Iraqi currency crash halts afte3r meeting with US official.”

MZ: This one shows how low the US has sunk in the last few years…”Take your dirty hands off Turkey , Ankara’s Interior Minister tells US envoy”  He is very anti American there.

Member: Mark is this possibly their 10 day celebration in Iraq? Could we negotiate 5 days only??!

Member: I believe It’s going to be March because that’s when The ISO 20022 Messaging standard is implemented into the banks worldwide everything’s gotta go at once

Member: I wonder if the IQD ever get added to the US's Stock Market?

Member: Is the Zim going to be traunched…..paid over time in payouts...?

MZ: I am told not on your personal payouts…….unless you have a crap load of zim. But, the humanitarian projects payouts may be traunched if you are doing your own projects.

Member:  Charlie Ward basically said that the Chinese balloon is bs...basically a wakeup call by the white hats for the normies. He put it in different words, but that in a nutshell

Menber: we need to scare them awake somehow

Member: So much disinformation lately like it was said would happen! Don’t know what to believe.

Member:  Have a Great Day everyone.

Member: Thank you MarkZ!! See you all this evening

Member:  TY MARK MODS FAMILY LOVE AND PEACE TO ALL

Mod:  HAPPY BIRTHDAY TO ALL THOSE CELEBRATING!!

“THE INFO IN THIS PODCAST IS FOR GENRAL INFORMATION & EDUCATIONAL PURPOSES ONLY NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY"

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANK YOU ALL FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

Twitch:   https://www.twitch.tv/theoriginalmarkz

Youtube:     https://www.youtube.com/watch?v=OemtfnBAGWg

MilitiaMan, Nader From the Mid East and Dr. Kia Pruitt Monday 2-6-2023

UST - CBI - Cooperation & Coordination - Exchange Rate - IQD - USD

MilitiaMan and Crew:  2-5-2023

Thank you Samson, PompeyPeter, Petra, DayTrader, Gigi, Sunkissed, Cinderalla, Bethany, Alana, Brian, and all of our team, etc..

Our work in Patreon with Militia Man & Crew is likely to be further in to this study, and is likely to be more in depth with analysis to data on the Iraq Dinar and or relevant topics there is out there. Please enjoy. ~ MM

https://www.youtube.com/watch?v=dOHK3DjYXhg

No way $28 to 1 or even $4 to $1

Nader from the Mid East:  2-5-2023

https://www.youtube.com/watch?v=_eAWSFZGLdk

US Millionaires Increase on the Debt Clock; 42 States Repeal Taxes on Precious Metals! This is huge!

Dr.Kia Pruitt:  2-6-2025

https://www.youtube.com/watch?v=W1z6ScUoNEQ

"Tidbits From TNT" Monday 2-6-2023

TNT:

Tishwash:    The Minister of Transport directs to cut off passengers' tickets in dinars instead of dollars

The Ministry of Transport directed today, Monday, to deal with passengers' tickets in Iraqi dinars instead of dollars.

And the ministry stated in a statement received by {Euphrates News}, "Based on the directives of the Prime Minister, Muhammad Shia'a Al-Sudani, the Minister of Transport, Razzaq Muhaibis Al-Saadawi, directed all the ministry's formations, especially the Iraqi Airways General Company, to deal with ticketing for travelers in Iraqi dinars instead of dollars, in support of the national currency."

And the minister stressed, "The obligation of all the ministry's formations, and in particular the general company of Iraqi Airways, to deal in dinars and at the rate of the Central Bank of Iraq."

And the Minister of Transport warned that "violators of directives and reform measures related to dealing with the dollar crisis will expose themselves to legal accountability," calling on citizens to report any violation in this regard.  link

Tishwash:  Approval of the current year's budget will be a starting point for resolving stalled laws

One hundred and seventy laws are suspended in parliament, and the reason is due to the absence of political consensus, while deputies stress the need to resolve the current year's budget file as a starting point for resolving important laws.

In every parliamentary session that is raised, bills are left behind that need to be read and voted. One hundred and seventy laws are still stagnant inside the parliament and have not been resolved due to the absence of political consensus that imposes itself strongly on the performance of the legislative authority. The projects and laws accumulated during the previous parliamentary sessions and made his presidency a particularly difficult challenge. After the legal committee directed towards resolving all stalled projects.

Parliamentary attention is directed towards the current year's budget law, which has long been sent beforeCouncil of MinistersBecause it will serve as an end to the blockade of the suspended laws and a starting point for including them on the agenda of the upcoming sessions for discussion and approval  link

*************

Tishwash:  To adopt the yuan currency.. revealing “undeclared” negotiations between Baghdad and Beijing

Today, Monday, the leader in the coordination framework, Jabbar Odeh, revealed “undeclared” negotiations between Baghdad and Beijing to adopt the yuan currency.

Odeh said, "Diversifying the basket of foreign currencies that Iraq deals with in its foreign trade has become a priority for the government of Prime Minister Muhammad Shia' al-Sudani, with the recent dollar crisis and its serious repercussions on the markets, especially with the price hike to 20%, which has begun to burden millions of poor people."

He explained, "There are unannounced negotiations between Baghdad and Beijing about finding ways to adopt the yuan in foreign trade, especially since China is a major trading partner for Iraq," pointing out that "the transfer of some of the entitlements of selling oil in yuan is very likely to secure reserves and facilitate the task of trade."

He pointed out that "what Iraq is doing is part of a global compass that has begun to move in this direction, especially with Washington's repeated use of its hegemony over the dollar to provoke crises and punish countries that do not comply with its agenda," noting that "the adoption of a basket of multiple foreign currencies has become a necessity to create stability." in the national economy”. ink

**************

Tishwash:  Global Gold: Central banks buy 142 tons of gold, and Iraq ranks 30

The World Gold Council announced, on Monday, that global central banks bought 142.58 tons of gold in the last quarter of 2022, while noting that Iraq maintained its rank 30 in the world.

In its latest schedule for the month of February 2023, seen by Shafaq News Agency, the council said, "During the last quarter of 2022, global central banks added 142.58 net tons of gold to global international reserves," noting that "gold sales in the same period amounted to 31.34 tons."

And she added, "The Chinese Central Bank bought 62.21 tons of gold in the last quarter of 2022, and the Turkish Central Bank bought 52.90 tons of gold in, and the UAE bought 15.63 tons, Kyrgyzstan bought 6.20 tons, and Uzbekistan 5.91 tons."

He pointed out that "the countries that sold gold in the fourth quarter of 2022 came on top of countries with an amount of 29.82 tons, followed by Bosnia and Herzegovina with 1.24 tons, followed by Mongolia with 0.26 tons, followed by Romania and Mexico with 0.01 tons, respectively."

He added that Iraq maintained its rank 30 globally out of 100 countries listed in the table with the largest gold reserves, after it rose ten ranks in July after purchasing 33.9 tons of gold, bringing its gold possession to 130.3 tons, which represents 9% of the rest of its other reserves.

Globally, according to the table, the United States of America still leads the rest of the countries with the largest possession of gold in the world, at 8,133 thousand tons, followed by Germany with 3,355 thousand tons, and then Italy came with 2,451 thousand tons, while the Republic of Cuba ranked 100th, with 1 ton, equally with Mauritania, which owned 1 ton. also ".

On June 27, Iraq announced the purchase of new quantities of gold, approximately 34 tons, an increase of 35% over what was in its possession.

It is noteworthy that the World Gold Council, which is based in the United Kingdom, has extensive experience and deep knowledge of the factors causing market change, and its members consist of the largest and most advanced gold mining companies in the world.  ink

CandyKisses:  I SURVIVED ANOTHER DAY

Mot: ~~~~~ WHY!!!??? ---- WHY!!!??? ~~~~~

News, Rumors and Opinions Monday Morning 2-6-2023

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 6 Feb. 2023

Compiled Mon. 6 Feb. 2023 12:01am EST by Judy Byington

What We Think We Know as of Mon. 6 Feb. 2023:

On Sun. 29 Jan. 2023 the Iraqi Dinar was listed on the ISX Nasdaq and began being traded.

As of Tues. 31 Jan. 2023 the US Inc. fiat Dollar officially transitioned to the new gold/asset-backed US Note.

As of Wed. 1 Feb. 2023 the US Inc. fiat Dollar, British Pound and European Euro were no longer recognized as legal tender anywhere in the world; the Iraqi Dinar was reinstated and banks were using the new Quantum Financial System.

On Thurs. evening 2 Feb. 2023 the Iraqi Dinar was revalued with the street Rate locked in at $3.93 – the release celebrated with fireworks on Iraqi streets.

On Fri. 3 Feb. partial funding was released by the Chinese Elders so that the funds could begin processing through the Tiers.

On Sat. 4 Feb. Reno began processing their GCR funds.

Sat. 4 Feb. MarkZ: “I am getting exceptional news out of Iraq this weekend. If I had one or two more verifications in this vetting process I probably would already have come on showing you the golden shirt …I feel we are that close.  The news has been phenomenal out of Iraq and the region…Redemption Center folks have not been called in yet. They are still very hopeful…and I think this will be a long week for them. This excitement level is making it hard. CMKX was the stock ticker for CMKM diamonds and one of the most successful law suits won against the SEC and the US government won by the Attorney Al Hodges.”

On Sun. 5 Feb. Tweets from people in Japan indicated that the RV had happened over there.

Sun. 5 Feb. 2023 Ginger in Wolverine’s room: “Monies dispersed. In Tier 3, those who hold historical bonds, have a paymaster that sees to it that his/her group receives their proper funding as soon as Tier 4B goes. Liquidity for all! This paymaster signed his NDA pretty recently as well. Then the cutoff of communication happened about a week after that. This kinda helps us all see how close we are. Be encouraged.”

Sunday, 5 February 2023 Kat Anon Update: BRICS

Gene Decode: BRICS is being used to implement GESARA globally.
BRICS is linked to STARLINK and the QFS

Charlie Ward: China is leader of BRICS w/1.5 BILLION people. China & Russia decided to do deals with oil w/o the Deep State US $ India also on board. India has 1.5 BILLION people….so that’s 3 BILLION people off DS US fiat $. Russia came on board with OIL & instead of using the DS US $ they used Gold-backed Currency w/India & China. THAT’S THE “SECRET” QFS HIDDEN BEHIND-THE-SCENES ASSET BACKED CURRENCY. So that’s BRICS

WE’RE SEEING THE COMPLETE COLLAPSE OF THE OLD SYSTEM.

The gold-asset-backed U.S. $ – the U.S. Note [USN] is expected to go live this week but will take 9-months to roll out.

As of 2-1-23 the paper US Dollar $, Euro & Pound ARE WORTH NOTHING.

Exciting 3 months of TRANSITION. When USN goes live it will not be public but behind-the-scenes.

THIS is when NESARA / GESARA kicks in.

We’re seeing the complete collapse  of the tax systems—IRS & Inland Revenue: https://dinarchronicles.com/2023/02/05/kat-anonup-update-brics/

The US Already Defaulted on its Debt… 3 Times, Heresy Financial: Many Americans are not aware that the United States has already defaulted on its debt. In fact, the United States has defaulted on its debt three separate times in U.S. history. And given the current situation that the US government finds itself in, we are going to see that default is the only option from here on out. It is a question of when, not a question of if. https://www.youtube.com/watch?v=gRal4XYOTwI

Read full post here:  https://dinarchronicles.com/2023/02/06/restored-republic-via-a-gcr-update-as-of-february-6-2023/

**************

Courtesy of Dinar Guru

yada  ...the effort to take the dollar out of Iraq serves several purposes. It cuts Iran off from getting dollars and it restores an economy in Iraq that will be international. Doubt very much this will be pulled back because all markets in other countries have prepped for acceptance of the dinar. Plus, the countries who did currency swaps will have a stronger currency in their central banks.

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:  Bank friend said his opinion is they are doing everything they can to stop the smuggling and this is why the dollar exchange rate is so high.  Once the smuggling is under control and corrupt are held accountable then they will work on the dinar rate increase.  But this has to be done first.  FRANK:  For many generations Iran has been stealing from Iraq but now under the new leadership...they are protecting your banks, money and future...like your bank friend said, as soon as they are done talking to the United States about the dinar and the exchange rate verses the USD then you will see what you are looking for.  And it is very close IMO...

Vietnam Dong update for 02/05/23 - What a rebound

Pimpy The Other Side of Things:  2-5-2023

https://www.youtube.com/watch?v=Ojg1D3oO7_E

Zim dollar update for 02/05/23 - Gold coins are helping

Pimpy The Other Side of Things:  2-5-2023

https://www.youtube.com/watch?v=-b7Sz9qHyiw

"Kicks and Grins" Posted by Mot at TNT

TNT:

Mot:  Honesty prevented this man who has nothing to keep the $10,000 he found and returned it to its owner.

Homeless Elmer picked up a piece of paper in the street. Having examined it, the man realized that he was holding a crumpled check for 10 thousand dollars. Elmer decided to still find the owner from that moment his life changed forever.

$10,000 could have helped Elmer get through the winter, but the man thought maybe that money was all the real owner had. The name on the check was Roberta José. Elmer got to the nearest Internet cafe and started looking for her contacts.

It soon became clear that Roberta was a successful realtor. Her business was often reported in the newspapers, so Elmer was able to quickly get the woman’s number. The man talked to her, explained the situation and arranged a meeting.

Roberta was struck by the act of the homeless. She believed that someone had already cashed the check and did not expect a refund.. Moreover, Roberta said that in her youth she herself was forced to remain without a roof over her head.

As a sign of gratitude, the woman provided Elmer with an apartment, paid for his education and is now going to hire him: One true act really helped a man change his life.

10 thousand dollars would be enough for him for a couple of months, now Elmer can think about the future.

Mot:  ... and Gas was only $.35 a gallon until a gas war....

Mot: ........ I Just Love the Dieting Tips I Find on da Net! ~~~

Mot:  .. NOPPPPERS!!! --- NADDDDA!! ~~~ Thanx Any Ways! ~~

Mot:  . and Yet Another ""Dating Tip"" from Mot! ~~~

Mot: .. and Yet Another ""Marital Tip"" from Mot of Course!

Mot:  .... Hmmmmmm Might be a Cosmic Thingy! ~~~

Mot:  .. Trust me Guys! - its a Marital Thingy! - It's in the Rule Book! ~

Bob Moriarty, Heresy Financial and The Money GPS Sunday PM 2-5-2023

Nobody Is Expecting What's Coming | Bob Moriarty

Liberty and Finance:  2-5-2023

"It's not a question of if the banks are going to go under, but a question of when," says Bob Moriarty, marine, naval aviator, and financial author.

"It's going to blow the system sky high so rapidly most people are going to be totally shocked."

The banking system is incredibly vulnerable to shocks to the system, he says. He discusses ways to prepare and fortify oneself financial against a crash of the system.

https://www.youtube.com/watch?v=fRFRCppHLe0

Lebanon 90% Currency Devaluation Overnight

Heresy Fianacial  :  2-5-2023

According to the central bank chief, Lebanon is adopting a new official exchange rate of £15,000 per U.S. dollar. This is a 90% devaluation from its current official rate that remained unchanged for 25 years.

Timecodes

0:00 Video Introduction

 0:44 Hyperinflation in Lebanon

2:31 Parallel and Black Markets

5:37 Diversifying Your Savings

https://www.youtube.com/watch?v=Q26Dt1UkLXk

THESE 3 Countries Are Collapsing | Civil Unrest Has Begun in Europe

The Money GPS:  2-5-2023

TOPICS AND TIMESTAMPS:

UK 0:00

China 5:20

3 Countries Collapsing 7:55

https://www.youtube.com/watch?v=NSSOO3n6qEw

More News, Rumors and Opinions Sunday Afternoon 2-5-2023

KTFA:

Henig:  About 8 million barrels of Iraq's oil exports to America within a month

2023-02-04 21:01

Shafaq News/ The US Energy Information Administration announced, on Sunday, that Iraq's oil exports to America amounted to about 8 million barrels last January.

The administration said in a table seen by Shafaq News Agency, "Iraq exported 7.874 million barrels of crude oil to America during last January, at a rate of 254 thousand barrels per day, down from December, in which Iraqi oil exports to America reached 8,928." Millions of barrels, at a rate of 288 thousand barrels per day.

She added, "Iraq exported crude oil to America during the first week of January at a rate of 150,000 barrels per day, while an average of 201,000 barrels per day was exported in the second week, and an average of 195,000 barrels per day was exported in the third week," noting that "the fourth week's exports amounted to 489,000 barrels per day.

The US Energy Information Administration stated that "Iraq ranked fourth in its exports to America during the past month, after Canada, Mexico, and Saudi Arabia, and ranked second in the Arab world after Saudi Arabia, whose last exports to America amounted to 15 million and 438 thousand barrels per day," indicating that "Canada came It ranked first as the most oil-exporting country to America, followed by Mexico.    LINK

***************

Henig:  Iraq demands broad economic reforms, will it respond?

The United Nations calls for acceleration and warns of the consequences, and the "smuggled dollar" embarrasses the government

Saturday, February 4, 2023 23:17

The United Nations Mission to Iraq believes that carrying out economic and financial reforms during the coming period is important and that the country needs international and domestic support to implement it, especially with regard to the crisis of the depreciation of the dinar and the restrictions imposed by the Federal Bank on selling dollars two months ago.

This was evident in the briefing of the head of the "UNAMI" mission in Iraq, Jenin Blaskarat, before the UN Security Council when she warned of the consequences of delaying the economic, monetary and financial reform that the country seems to need and is long overdue.

She referred to the clear wave of anxiety in Iraq recently, following the rise in the exchange rate in the parallel market, which increased pressure on Iraqi women and men on a daily basis.

The Central Bank of Iraq had taken measures under pressure from the US Federal Bank and international organizations to change the mechanism for selling dollars, especially the import and export amounts, and to make them consistent with financial and banking developments in the world, which led to an increase in the exchange rate to the limits of 1800 dinars per dollar, a significant increase from the previous price, which was It amounts to 1470 dinars.

These serious calls for the implementation of real economic reforms, after the situation in Iraq has reached dangerous levels that threaten it with the return of protests again in most of its regions, and the deputies found it an indispensable necessity to maintain the stability of the country.

Save the economy

In the context, Jamal Cougar, a member of the Finance Committee in the Iraqi parliament, stressed the need to carry out a set of reforms to save the economic situation and said, "The reforms that the United Nations is talking about and that are supposed to be implemented are represented in the necessity of sending the budget, applying the electronic platform, fighting corruption, and modernizing the applicable economic system."

Noting that "this system has been followed since the sixties of the last century, and our budget is a budget of items." He added that since the establishment of the Iraqi government in 1921, the budget is a balance of items and the whole world has bypassed this system, stressing the need to structure the financial system, which is the most important point that should be worked on, as well as improving the financial policy and the banking system, as it is not reasonable to steal 3.75 trillion dinars (2.5 trillion dinars). billion dollars) and its discovery after months, indicating that there is a failed monetary system in the Iraqi state.

Cougar pointed out that all countries in the world apply the "Swift" system, except for countries that are outside the global monetary system, indicating that there is a possibility to implement this system in Iraq, despite our doubts that there is a desire to do so.

Liberalization of the balance of payments

On the other hand, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, revealed that the country is heading towards a broader liberalization of the balance of payments and lifting the restrictions imposed and restricted on many of its transactions with abroad for inherited reasons, indicating that this step includes liberalizing transfers in foreign currency in a flexible and orderly manner through the financial system. Sober international and high-level international banking institutions.

Saleh said that this matter will provide a high level of governance and transparency in Iraq's banking and financial relations with the outside world, and achieve broader stability in the exchange market, indicating that it is necessary that these measures be commensurate with the country's reserves in foreign currency, which touched 115 billion dollars, which is the highest in the history of Iraq. financial.

It is likely that the country will witness stability in the exchange market in the coming days.

lead time is necessary

In turn, the specialist in economic affairs, Mustafa Hantoush, saw "the need to negotiate with the US Federal Bank in order to request a deadline and carry out internal reforms." He said, "The entry into force of US sanctions on a number of countries, including Iran, Syria and Lebanon, is tightening the screws on the Iraqi dollar."

He regretted "the presence of inappropriate personalities in the centers of drawing Iraqi financial policy and the lack of real reforms, which led to a significant increase in the official exchange rate in the country and generated a state of monetary fluctuation and lack of concern for the dinar."

He added that the increase in the exchange rate is due to the absence of real coordination with the US Federal Reserve, which became clear after implementing the platform, excluding banks, and requesting purchase and sale invoices.

Hantoush stressed the need to negotiate with the US Federal Reserve and request a period of no less than a year to control the market, in addition to internal procedures represented in addressing the issue of the broker and merchants who do not have invoices, even though they are real merchants.

He pointed out that merchants are afraid of taxes, border crossings, customs, and the Registrar of Companies, which leads to a trend towards the loyalist who pays bribes.

Civil peace

For his part, political science professor at Al-Mustansiriya University, Issam Al-Faili, said that the United Nations believes that the poor economic situation affects civil peace in Iraq.

He explained that "the economic life in the country is linked to a basket of global currencies, the most important of which is the dollar, which contributed during the past days to creating a state of congestion in the street because of its rise in conjunction with government measures to address it."

He added that the United Nations, represented by Blasschaert and others, indicated that procedures and reforms by the Iraqi government need to be strengthened, especially in the issue of controlling border crossings, some ports, and economic institutions, especially money transfer companies.

Stacked dinars

Al-Faili explained that the application of the American "Swift" system embarrassed many parties that were transferring money without supervision and tended to buy the dollar from the markets, indicating that many forces own full houses stacked in the Iraqi currency and began to push it towards the market while buying the US dollar in a large way.

He added that the government measures represented in striking the dollar smuggling gangs resulted in the arrest of a number of these gangs, and there are a number of follow-up operations in the center, south, and others, indicating that the United Nations wants Iraq to go towards broader measures related to controlling the unofficial border crossings.

He pointed out that the sources talk about the existence of more than 24 unofficial crossings through which money is smuggled, which leads to the arrival of the Iraqi dollar to neighboring countries and countries beyond the neighborhood, indicating that what is sent by the US Federal Reserve to Baghdad goes to the pockets of the corrupt in their economic institutions beyond that. the border.

He stressed the need for high coordination with the region to follow up on the unofficial routes used by dollar smugglers, pointing out that the volume of smuggled money was clear after sales decreased from $300 million to the range of $50 to $70 million, which means that two-thirds of the money was destined for smuggling. .   LINK

***************

Courtesy of Dinar Guru

Frank26  Article: "Sudanese advisor: Within two weeks, the exchange rate will stabilize at its normal rate".  1460 IS NOT A NORMAL RATE, IT IS A PUNISHED SANCTIONED RATE... THE GOAL IS 1 TO 1 AND THEN TO FLOAT INTERNATIONALLY.

Nader From The Mid East   Sudani come out talking about the dinar, talking strongly,   Something that made me very happy.  He said the dinar is stronger than dollar and it's going to be stronger than the dollar.  He didn't say how much.  He said it's a question of time.  Let's wait and see what he does.  

Iraq News ACCEPTED INTO THE EGMONT INTERNATIONAL Group

Edu Matrix:  2-5-2023

Iraq News ACCEPTED into the EGMONT International Group Iraq Preparing for Global Financial Acceptance

https://www.youtube.com/watch?v=Sp4SZx6Pe98

MARKETS A LOOK AHEAD: What You NEED TO KNOW NOW.. And What To Do About It.

Greg Mannarino:  2-5-2023

https://www.youtube.com/watch?v=FwxpANgt1PE