"Coffee With MarkZ" Monday Morning Chat 3-4-2024
Thank you MarkZ for all your time, and encouragement daily….. PDK
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
Member: Good morning my beautiful RV family, Mark Z all mods
Member: Any big news over the weekend’
MZ: I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right.
Member: I read there is a big chance of the Iraq RV going by Ramadan on March 10th.
MZ: I can tell you there is a tremendous amount of chatter …there is a big push and many groups expect it by then…but nobody knows the exact timing.
Thank you MarkZ for all your time, and encouragement daily….. PDK
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
Member: Good morning my beautiful RV family, Mark Z all mods
Member: Any big news over the weekend’
MZ: I have a lot of sources expecting it to break loose in the next 2 days of this week…hope they are right.
Member: I read there is a big chance of the Iraq RV going by Ramadan on March 10th.
MZ: I can tell you there is a tremendous amount of chatter …there is a big push and many groups expect it by then…but nobody knows the exact timing.
Member: I am still expecting the first basket to all go at once including Zim!
MZ: the chatter is very encouraging and we see things all coming together. And all the articles from the financial world and banking world point to the need for asset backed currency
Member: Mark did you hear anything on Dinar being traded on FOREX
Member: Nothing showing on currency converter
Meember: From what I heard it appeared on the forex on the institutional side for about 15 minutes at $2.70 and then went back up to 1310
Member: I saw on the forex non public side last trade of IQD 2.70. so I think that is good news. do you know when Kuwait did that the time frame I thought it was just a few days?
Member: So what I heard, does it make sense that we have to wait for the Forex to start so the whole exchange to begin? That means that the public will know, and really mad, that they didn’t get in on this
Member: We need to keep in mind that no matter what gurus may claim to know, we all absolutely know that only 10 people really have the true information and they know not to spill the beans.
MZ: Some fun stuff coming from Nader about Al Sudani talking about electronic collections. And streamlining their government …and they do point out that they are stabilizing rates and the financial situation in Iraq is at its best. And how they are better off now then before Sadaam Hussein. He is laying the groundwork for that currency rate
MZ: From MilitiaMan over the weekend there was lots of talk about foreign currency trades and smoothing out the electronic system to be able to do that one…..he goes into price change expectations …..be sure to go watch and share their videos.
MZ: “Iraq customs begin implementing the ASYCUDA automation system to run the Qsar Port” This is the same system they use at Baghdad International airport and other places. It continues to roll out.
MZ: If you are an Iraqi person right now….they have to be excited that they will soon have more money for goods and services soon. But it’s got to hurt knowing for all these years the corruption from public officials hat was skimming off the top. These electronic systems will be stopping all of that.
MZ: “ Exclusive: Deutsche Bank to file liquidation suit against Chinese developer Shimao-Sources say” This occurred last week on Mar, 1st. We are alrady expecting a suit to be filed against Country Garders….and seen one against Evergrande which is moving forward….These are 3 of the top 5 property developers in China. 25% of their GDP is from the real estate sector which has imploded. This is huge.
MZ: It’s almost as if we are watching the reset in real time.
MZ: “Anne Vandersteele: “Banking Collapse Imminent-The reset has begun” Effective March 26, 2020- the Federal Reserve board reduced requirement ratios on all net transaction accounts to zero percent eliminating reserve requirements for all depository institutions.” The near term bank financing disappears in 7 days on March 11th. Or midnight on the 10th is when those things cease to exist. This was a really interesting breakdown by Ms. Vandersteele. On March 11th there will be no more money to loan out and the Fed gets to pick and choose who gets to loan out money and who will collapse.
MZ: I believe the controlled implosion has stated and we are watching it as we speak.
MZ: “The US national debt is rising by 1 Trillion about every 100 days” or $3 Trillion per year.
MZ: US debt clock.org hosting “The Great Jubilee” debt to wealth or transformation”. Don’t you love it…somebody is telling us its coming….
Member: Did you hear on Huckabee Friday night he talked about Nesara? During the monolgue he said we need to get rid of income tax and have a flat tax on new products.
Member: I feel like a kid on Christmas morning just giddy and really excited
Member: Dear God Let this be our week….
MZ: Our week is starting out with a bang already!!!!!
StacieZ joins the stream today. Please listen to the replay for all her information
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
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
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
THANKS 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, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics.
News, Rumors and Opinions Monday AM 3-4-2024
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.
Restored Republic via a GCR: Update as of Mon. 4 March 2024
Compiled Mon. 4 March 2024 12:01 am EST by Judy Byington
Judy Note: It was my opinion, and I could be wrong, that on Thurs. 22 Feb the Cabal Financial System imploded.
That way everything would be done by Fri. 15 March when it was expected they would announce to the General Public, the Global Currency Reset and return to a gold/asset-backed currencies across the Globe.
Tier4b (us, the Internet Group) could very likely go during that ten days of Exposure. So, doing some deductions on the above information, I expect Tier4b to have notification to set exchange/ redemption appointments at least by next Tues. 5 March.
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.
Restored Republic via a GCR: Update as of Mon. 4 March 2024
Compiled Mon. 4 March 2024 12:01 am EST by Judy Byington
Judy Note: It was my opinion, and I could be wrong, that on Thurs. 22 Feb the Cabal Financial System imploded.
That way everything would be done by Fri. 15 March when it was expected they would announce to the General Public, the Global Currency Reset and return to a gold/asset-backed currencies across the Globe.
Tier4b (us, the Internet Group) could very likely go during that ten days of Exposure. So, doing some deductions on the above information, I expect Tier4b to have notification to set exchange/ redemption appointments at least by next Tues. 5 March.
On Mon. 11 March the Federal Reserve will quit giving loans to the banks, which would close any bank across the Globe not Basel 3 compliant and in the BRICS new Financial System.
“They wanted the 10 days of darkness and RV/GCR done by Fr. 15 March. Agreements have been made. All electronics, WiFi, ATMs will go down. Businesses will be closed. Planes, Trains, Buses will be grounded. We had all better stock up on food and supplies, …777 Time Traveler on X and Telegram Sun. 3 March 2024
Global Financial Crisis:
Thurs. 29 Feb. Putin: “The West is discrediting its own currencies and banking system, while established monopolies in the global economy are crumbling,” Russian President Vladimir Putin said in his annual address to the Federal Assembly on Thursday. https://www.rt.com/business/593419-west-destroying-financial-system-putin/
Sat. 2 March: Fitch Ratings cut NYCB’s credit rating to junk, marking its second downgrade of the bank over the past month. The firm said NYCB’s recent disclosures “prompted a reconsideration” around how adequately it has prepared for potential commercial real-estate losses. https://www.wsj.com/finance/banking/new-york-community-bancorp-names-new-risk-and-audit-executives-10d6b9cc
Fri. 1 March New York Community Bancorp’s stock plunges nearly 30% as CEO exits, bank admits “material weaknesses” in loan oversight. https://www.disclose.tv/id/mi08w2ezzw/
Who holds US financial assets? While the U.S. national debt becomes increasingly domestic (with the main holders being the Federal Reserve, pension funds, and private American investors), the American stock market is becoming more internationalized. Foreigners hold 57% of the shares. This redirection of foreign money is very convenient for the U.S. authorities – in the event of a stock market crash, all risks will be borne not by the American government but by the investors themselves.
Sat. 2 March: The US commercial real estate crisis just got worse with a pension fund selling its Manhattan building for one dollar! As interest rates continue to hammer on commercial property, more banks and funds are at huge financial risk. The commercial real estate market collapse isn’t over and banks might be taking a brutal hit soon.
Sat. 2 March: Americans now owe $1.13 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York on household debt. Serious credit card delinquencies, or payments 90 days or more late, rose more than 50% in 2023. This is the highest level since 2009. (NBC News)
Sat. 2 March It’s Happening – Operation Storm: https://beforeitsnews.com/opinion-conservative/2024/02/situation-update-its-happening-operation-storm-2024-more-cabal-bankers-oligarchs-disappearing-or-dying-systems-being-exposed-death-rates-continue-to-skyrocket-solar-flash-impending-wt-3686697.html
Read full post here: https://dinarchronicles.com/2024/03/04/restored-republic-via-a-gcr-update-as-of-march-4-2024/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
PompeyPeter Yeah, Iraq could come out at 1310 internationally on Forex. A man could land on the sun or pigs could fly. In other words the odds are slightly better than those two scenarios but in the opinion of most people it will not happen. Here's why: Sudani stated clearly that the dinar was worth more than the dollar and the value of the dinar would be higher than the value of the dollar. That ain't 1310 to $1. Secondly, Sudani said Iraqi's dinar would be the solution to the world's financial and economic problems. Not at 1310 it's not. Three, if they come out at 1310 it's impossible for the tripartite budget to work.
Militia Man Merchants will now be able to use the dinar to pay for foreign currency to buy international products...I would imagine there will be changes to Iraq's currency that will be reflective of the real value of the IQD...They haven't been using Iraq dinar at 1310 to purchase other foreign currencies. They've never done that before at 1310. Now they're saying they can do that...1310 exchange rate has never been an international exchange rate...That's coming from the Central Bank of Iraq so obviously something is happening because they've never done it before. I think it's really good.
BRICS R5 Project: BRICS currency explained
Fastepo: 3-3-2024
The BRICS R5 project aims to create a common currency for the 5 initial BRICS nations, all whose national currencies' names start with the letter "R". The inclusion of Iran, Saudi Arabia, UAE, Egypt, and Ethiopia as new members of BRICS could significantly impact the R5 project, potentially shaping its feasibility, scope, and global economic implications.
The expansion of BRICS, recognized for its geopolitical, geostrategic, and geo-economic implications, particularly with a focus on energy-centric considerations, highlights the diversification and strengthening of the bloc's economic and political influence.
The expanded BRICS group, now including significant states from the Middle East and Africa, introduces a new dynamic to the discussions on de-dollarization and the use of local currencies for international trade. The presence of key energy producers like Saudi Arabia, Iran and the UAE could enhance the group's leverage in global oil markets, potentially influencing the pricing and trading mechanisms of energy products, which might support the development and implementation of the R5 project.
Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24
Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24
Iraqi dinar rate and special deals revealed – 2:50
Iraqi dinar foreign investors should pay attention – 4:27
Vietnam Dong holders pay attention new rates – 1:22
Currency Insider Iraqi Dinar - Dong Updates Sunday Afternoon 3-3-24
Iraqi dinar rate and special deals revealed – 2:50
Iraqi dinar foreign investors should pay attention – 4:27
Vietnam Dong holders pay attention new rates – 1:22
Iraqi dinar rate and special deals revealed - 2:50
Iraqi dinar foreign investors should pay attention – 4:27
Vietnam Dong holders pay attention new rates – 1:22
Economist's "News and Views" Sunday 3-3-2024
Russia Protects Oil Revenues, Putin Peace Deal Revealed, G7 BANS Russian Diamonds
Sean foo: 3-3-2024
To address the G7 price caps, Russia has struck back by imposing a price floor on their oil exports. Here's why this is significant, especially in protecting government revenues.
Meanwhile, the Wall Street Journal has revealed Putin's 2022 peace deal in Istanbul and the G7 ban on Russian diamonds is now official.
Here's what you must know.
Russia Protects Oil Revenues, Putin Peace Deal Revealed, G7 BANS Russian Diamonds
Sean foo: 3-3-2024
To address the G7 price caps, Russia has struck back by imposing a price floor on their oil exports. Here's why this is significant, especially in protecting government revenues.
Meanwhile, the Wall Street Journal has revealed Putin's 2022 peace deal in Istanbul and the G7 ban on Russian diamonds is now official.
Here's what you must know.
Timestamps & Chapters:
0:00 Putin Peace Terms Revealed
3:25 Russian Economy UPDATE
6:30 Russia Sets Oil Price Floor
9:25 G7 Diamond Ban
11:55 Diamond Inflation Coming
BE PREPARED: $1.13 TRILLION in Consumer Credit Card Debt Hits Record High as Delinquencies SURGE
Lena Petrova: 3-3-2024
The Fed's Plan For 2024 Is Not What You Think
Atlantis Report: 3-3-2024
As inflationary pressures persist and economic indicators fluctuate, the Fed's anticipated interest rate cuts have encountered unexpected delays, prompting a reassessment of monetary policy trajectories. In March of 2020, the Federal Reserve embarked on a strategy of quantitative easing, bolstering its balance sheet by purchasing significant amounts of Treasury debt and mortgage-linked securities.
This approach, aimed at stimulating the economy, saw the Fed gradually reduce its balance sheet through quantitative tightening starting in June 2022, where it refrained from reinvesting all proceeds from maturing securities.
By early January 2024, the Fed had scaled back its assets from a peak of almost 9 trillion dollars to 7.7 trillion dollars. The era of ultra-low interest rates, which consumers had become accustomed to since the 2008 financial crisis, has likely drawn to a close.
More News, Rumors and Opinions Sunday Afternoon 3-3-2024
KTFA:
Clare: The Interbank Market: What It Is and How It Works
By Adam Hayes
Updated December 23, 2023
SNIPPET OF ARTICLE:
What Is the Interbank Market?
The interbank market is a global network used by financial institutions to trade currencies and other currency derivatives directly between themselves.
Some interbank trading is done by banks on behalf of large customers, but most interbank trading is proprietary. It takes place on behalf of the banks' own accounts
KTFA:
Clare: The Interbank Market: What It Is and How It Works
By Adam Hayes
Updated December 23, 2023
SNIPPET OF ARTICLE:
What Is the Interbank Market?
The interbank market is a global network used by financial institutions to trade currencies and other currency derivatives directly between themselves.
Some interbank trading is done by banks on behalf of large customers, but most interbank trading is proprietary. It takes place on behalf of the banks' own accounts
Banks around the world use the interbank market to manage their own exchange rate and interest rate risk as well as to take speculative positions based on research. The interbank market is a subset of the interdealer market, an over-the-counter (OTC) venue where financial institutions can trade a variety of asset classes among one another and on behalf of their clients. This is often facilitated by interdealer brokers (IDBs).
KEY TAKEAWAYS
The interbank market is a global network used by financial institutions to trade currencies and other currency derivatives directly between themselves.
Banks use the interbank market to manage their own exchange rate and interest rate risk.
They can also use the market to take speculative positions based on research.
Most transactions within the interbank network are for a short duration, anywhere from overnight to six months.
Understanding the Interbank Market
The interbank market for foreign exchange (forex) serves commercial turnover of currency investments as well as a large amount of speculative, short-term currency trading. The typical maturity term for transactions in the interbank market is overnight or six months.
The forex interdealer market is characterized by large transaction sizes and tight bid-ask spreads. Currency transactions in the interbank market can be either speculative (initiated with the sole intention of profiting from a currency move) or for the purposes of hedging currency exposure.
It may also be proprietary but it's customer-driven to a lesser extent by an institution's corporate clients. These might include exporters and importers.
https://www.investopedia.com/t.....market.asp
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Clare: Iraqi Customs begins implementing the automation system "ASYCUDA" in the port of Umm Qasr
3/3/2024
On Sunday, Iraqi Customs began implementing the Customs Automation and Modernization System (ASYCUDA) in the Grand Welcome Square in Umm Qasr Port, south of the country.
She said in a statement, received by Shafaq News Agency, that the Minister of Finance gave the signal to implement the program during a ceremony held in the Grand Welcome Square, attended by United Nations representative Nizar Amari, and a number of officials and heads of departments operating in the port.
The statement quoted the Minister of Finance in her speech as saying that implementing this system in the port of Umm Qasr comes within the strategic plan adopted by the government in the field of using modern techniques and technology, noting that implementing the automation system will achieve a set of goals, the most important of which are financial discipline, reducing errors and achieving efficiency. Effectiveness in using government resources, in addition to providing accurate data and information.
The Minister confirmed that this step is one of the steps that the government put in its curriculum and was adopted by the General Authority of Customs to apply technology and keep pace with the countries of the world.
For his part, the Director General of Customs, Counselor Hassan Al-Ugaili, said in his speech during the ceremony that the authority is committed to its duties, which revolve around three main axes, the first of which is facilitating legitimate trade and the axis of protection by implementing government decisions in the field of restriction and prevention, which provide protection for the consumer and society from the entry of prohibited materials, in addition to The collection and revenue axis, which will be controlled through the application of the customs modernization and automation system (ASYCUDA).
The Authority stated that it had previously implemented this program at Baghdad International Airport/Air Cargo Customs, stressing that steps are being accelerated to implement it in all regions, customs centers and the rest of its departments.
She added that the system of automating and modernizing customs through the application of the ASYCUDA program, which is in effect in more than (100) countries, which came after the signing of a partnership contract by the Ministry of Finance with the United Nations Conference on Trade and Development (UNCTAD) in 2021, where an international team was sent.
A specialist from UNCTAD supervises the implementation of the program in cooperation with a work team from the Iraqi customs. Preparing the requirements for its implementation began, and the employees were trained to work on its management and gain experience from the international team, as well as introducing them to training workshops inside and outside Iraq. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 IMO the Forex is live. It is trading the Iraqi dinar live. I don't believe I've ever seen it trading live against the dollar. It's being traded in real time. That's impressive. It started today or maybe yesterday ...That's why I say something is going on...It's trading at $2.70 live. I'm not making this up. You can go look this up yourself. Let's see if these numbers stay the same on Sunday...when they start trading live...Isn't this suspicious? Isn't this a precursor? Isn't this a sign? Isn't this a logical step for a currency that is about to go through a movement of some type?
Militia Man There's a quietness from the WTO when it comes to Iraq...Why did they do that? We can speculate on that. The truth be told is Iraq...would have more impact on the economic situation in the global financial system...It's a big thing, a very big thing that the WTO lifted up two of the smallest lower developed countries in the world but they didn't talk about one that was going to fix the financial system in the world. They didn't talk about Iraq...Why? The shocks that the World Bank talked about. You can't go and shock the whole world...and not have everybody ready because that's going to cause chaos...
MARKETS A LOOK AHEAD: Systemic MELTDOWN... And Its NOT The STOCK MARKET!
Greg Mannarino: 3-3-2024
Iraqi Dinar Video Updates Late Saturday Evening 3-2-24
Iraqi Dinar Video Updates Late Saturday Evening 3-2-24
Iraqi Dinar Acession To WTO And Summary Today 2024 – 4:11
Vietnam Dong Latest Update Today 2024 – 2:41
Iraqi Dinar Finally US Bank Fix New Value Of IQD 4.76$ Today 2024 – 2:30
Iraqi Dinar Iraq Bank Released New Rate Of IQD Today 2024 – 2:49
Iraqi Dinar Video Updates Late Saturday Evening 3-2-24
Iraqi Dinar Acession To WTO And Summary Today 2024 – 4:11
Vietnam Dong Latest Update Today 2024 – 2:41
Iraqi Dinar Finally US Bank Fix New Value Of IQD 4.76$ Today 2024 – 2:30
Iraqi Dinar Iraq Bank Released New Rate Of IQD Today 2024 – 2:49
Iraqi Dinar Acession To WTO And Summary Today 2024 – 4:11
Vietnam Dong Latest Update Today 2024 – 2:41
Iraqi Dinar Finally US Bank Fix New Value Of IQD 4.76$ Today 2024 – 2:30
Iraqi Dinar Iraq Bank Released New Rate Of IQD Today 2024 – 2:49
Iraqi Dinar Today Video Updates Sunday AM 3-3-24
Iraqi Dinar Today Video Updates Sunday AM 3-3-24
CBI sells one billion dollars in forex last week on Forex – 3:38
CBI Show New Exchange Rate Of Iraqi Dinar – 3:28
Iraqi Dinar Today Video Updates Sunday AM 3-3-24
CBI sells one billion dollars in forex last week on Forex – 3:38
CBI Show New Exchange Rate Of Iraqi Dinar – 3:28
CBI sells one billion dollars in forex last week on Forex – 3:38
CBI Show New Exchange Rate Of Iraqi Dinar – 3:28
News, Rumors and Opinions Sunday AM 3-3-2024
KTFA:
Frank26: "SO IS THE WHOLE WORLD!!!"...............F26
Iraq is looking forward to joining the World Trade Organization
3/1/2024 Baghdad
Today, Friday, the Ministry of Commerce confirmed the government’s aspiration to join the World Trade Organization, especially after the Saudi representative in the organization, Saqr Al-Muqbel, was named to manage Iraq’s accession file, noting that his recent visit to Baghdad contributed to addressing a number of important files.
The ministry’s official spokesman, Muhammad Hanoun, told the official media and followed by “Al-Ghad Press” that“Iraq joined as an observer in the World Trade Organization from 2004, and until 2023. This accession facedmany problems and challenges, the most recent of which was the failureto pay dues to join the observer organization
KTFA:
Frank26: "SO IS THE WHOLE WORLD!!!"...............F26
Iraq is looking forward to joining the World Trade Organization
3/1/2024 Baghdad
Today, Friday, the Ministry of Commerce confirmed the government’s aspiration to join the World Trade Organization, especially after the Saudi representative in the organization, Saqr Al-Muqbel, was named to manage Iraq’s accession file, noting that his recent visit to Baghdad contributed to addressing a number of important files.
The ministry’s official spokesman, Muhammad Hanoun, told the official media and followed by “Al-Ghad Press” that“Iraq joined as an observer in the World Trade Organization from 2004, and until 2023. This accession facedmany problems and challenges, the most recent of which was the failureto pay dues to join the observer organization
But after... The announcement of the government program by Prime Minister Muhammad Shiaa Al-Sudani began work again on the possibility of Iraq joining this organization, as two sessions took place and a dialogue was held with the organization by the Iraqi negotiating team headed by the Minister of Commerce, Atheer Al-Ghurairi, which included all the relevant Iraqi ministries and bodies.
Hanoun added, “The World Trade Organization assigned the Saudi representative to the organization, Saqr Al-Muqbel, to manage the file of Iraq’s accession, and he came to Baghdad on an important visit and met with the Iraqi negotiating team, and many issues were addressed, the most important of which were the files of goods and services, as well as the legislation that the Iraqi economic reform team in the Prime Minister’s Office would carry out.” By addressing it within the frameworks and legislation within which the World Trade Organization operates.”
He continued, "Joining will achieve many things for Iraq, most notably that it will support the file of Iraqi goods and facilitate their entry into global markets, and secondly, the harmonization of Iraqi laws and regulations with international laws and regulations," pointing out that "Iraq has today become a major economic player on the world level and needs to harmonize Iraqi laws with international laws." .
He stressed, “Minister of Trade Atheer Al-Ghurairi attended the third session of the World Trade Organization, which was held in the Emirate of Dubai in the UAE, and met with the Assistant Director-General of the organization. We believe that the meeting will achieve progress in achieving the government’s aspirations regarding accession in an accelerated manner,” appreciating “the Saudi efforts in overcoming many special obstacles.” Iraq's accession to the World Trade Organization. LINK
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Frank26: "EXAMPLE OF THE CURRENCIES FOR THE BASKET"...........F26
The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants
3/2/2024
The Central Bank of Iraq confirmed, on Saturday, that it has provided five alternative currencies to the dollar, for merchants to use in purchasing their goods from other countries using each country’s currency through the bank.
Deputy Governor of the Central Bank, Ammar Hamad, told Shafaq News Agency, “The Central Bank provided other foreign currencies to Iraqi merchants, which are (the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee).
He added, "These currencies have become available to merchants for the purpose of financing foreign trade. When a merchant imports goods from China, he can now pay the Iraqi dinar to the Iraqi bank, and through the bank, the amount will be paid to the Chinese company and factory in the Chinese currency."
Last week, the Central Bank of Iraq's total sales of hard currency in US dollars amounted to more than one billion dollars.
Shafaq News Agency correspondent stated that the Central Bank sold during the past week, and for a period of five days during which the auction was opened, one billion and 52 million and 796 thousand and 86 dollars, at a daily rate of 210 million and 559 million and 217 dollars, lower than what it recorded the previous week, when it amounted to one billion and 62. One million 587 thousand and 198 dollars. LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question 'Will 25000 [dinar note] still be worth the same if it's 1 to 1?' Yes. A 25000 Iraqi note at a rate of 1 to 1 is equal to $25,000.
Frank26 Question: "Will they make a formal announcement in Iraq just prior to letting the RI go?" No. There won't be any announcement. It's actually going to be snuck up on them. One day the Iraqi citizens will wake up and they'll get a text or ping or whatever and they'll be notified to get your butts into the banks and they will be given what will be given to them...
It’s Game Over: Proof That The Dollar Is Collapsing
Atlantis Report: 3-2-2024
The longstanding dominance of the U.S. dollar as the world's primary reserve currency is being challenged, signaling a potential collapse in its global stance.
THEY LIED: Major Gold Price Shift Incoming - Andrew Maguire Gold & Silver
Gold IRA Blueprint: 3-2-2024
Iraqi Dinar Video Updates Saturday Afternoon 3-2-24
Iraqi Dinar Video Updates Saturday Afternoon 3-2-24
Wells Fargo Give Green Light For IQD Exchange – 3:42
Breaking News Finally Iraq Revaluation Date Fixed 2024 – 3:17
Breaking News Iraq Bank Announced New Rate Of IQD Today – 2:49
Finally Iraqi Dinar is Equal 1-to-1 Today 2024 – 4:55
Iraqi Dinar Video Updates Saturday Afternoon 3-2-24
Wells Fargo Give Green Light For IQD Exchange – 3:42
Breaking News Finally Iraq Revaluation Date Fixed 2024 – 3:17
Breaking News Iraq Bank Announced New Rate Of IQD Today – 2:49
Finally Iraqi Dinar is Equal 1-to-1 Today 2024 – 4:55
Breaking News Finally Iraq Revaluation Date Fixed 2024 – 3:17
Breaking News Iraq Bank Announced New Rate Of IQD Today – 2:49
Finally Iraqi Dinar is Equal 1-to-1 Today 2024 – 4:55
Iraqi Dinar Today Video Updates Saturday Afternoon 3-2-24
Iraqi Dinar Today Video Updates Saturday Afternoon 3-2-24
World Bank Allow to Iraqi Dinar Revaluation – 3:31
US Treasury Confirm IQD Revaluation Massive Exchange Rate – 3:31
Iraqi Dinar Today Video Updates Saturday Afternoon 3-2-24
World Bank Allow to Iraqi Dinar Revaluation – 3:31
US Treasury Confirm IQD Revaluation Massive Exchange Rate – 3:31
World Bank Allow to Iraqi Dinar Revaluation – 3:31
US Treasury Confirm IQD Revaluation Massive Exchange Rate – 3:31
More News, Rumors and Opinions Saturday Afternoon 3-2-2024
TNT:
Tishwash: The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants
The Central Bank of Iraq confirmed, on Saturday, that it has provided five alternative currencies to the dollar, for merchants to use in purchasing their goods from other countries using each country’s currency through the bank.
Deputy Governor of the Central Bank, Ammar Hamad, told Shafaq News Agency, “The Central Bank provided other foreign currencies to Iraqi merchants, which are (the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee).
He added, "These currencies have become available to merchants for the purpose of financing foreign trade. When a merchant imports goods from China, he can now pay the Iraqi dinar to the Iraqi bank, and through the bank, the amount will be paid to the Chinese company and factory in the Chinese currency."
TNT:
Tishwash: The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants
The Central Bank of Iraq confirmed, on Saturday, that it has provided five alternative currencies to the dollar, for merchants to use in purchasing their goods from other countries using each country’s currency through the bank.
Deputy Governor of the Central Bank, Ammar Hamad, told Shafaq News Agency, “The Central Bank provided other foreign currencies to Iraqi merchants, which are (the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee).
He added, "These currencies have become available to merchants for the purpose of financing foreign trade. When a merchant imports goods from China, he can now pay the Iraqi dinar to the Iraqi bank, and through the bank, the amount will be paid to the Chinese company and factory in the Chinese currency."
Last week, the Central Bank of Iraq's total sales of hard currency in US dollars amounted to more than one billion dollars.
Shafaq News Agency correspondent stated that the Central Bank sold during the past week, and for a period of five days during which the auction was opened, one billion and 52 million and 796 thousand and 86 dollars, at a daily rate of 210 million and 559 million and 217 dollars, lower than what it recorded the previous week, when it amounted to one billion and 62. One million 587 thousand and 198 dollars. link
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying the government is putting mobile teams together to monitor - No prices gouging during Ramadan. That tells us plainly there will be no rate change during Ramadan IMO. FRANK: It can happen at any time...But... I don't see the reason for this to happen during Ramadan. It is a holy period. I see it happening before Ramadan.
Pimpy Here's the biggie everybody is celebrating. We're not there yet but very close. Article: "Iraq has completed requirements to join WTO: Minister" We have to wait till they get voted in. Yes they completed all the steps. Let's hope they keep their nose out of trouble and finally get accepted...Iraq is right there at the cusp, man, it really is. This is big news.
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KTFA:
Clare: The Central Bank announces an increase in the size of its reserves to more than 100 billion dollars.. What is the relationship with oil?
3/2/2024 Baghdad
The Central Bank attributed the increase in the Iraqi dollar reserve to the stability of oil export imports, which it said was reflected in financing foreign commercial activity and supporting the dinar.
Deputy Governor of the Bank, Imad Hamad Khalaf, said in press statements followed by Al-Iqtisad News that the Central Bank of Iraq has recorded an increase in its reserves, currently exceeding 100 billion dollars.
Khalaf added, "The stability of Iraqi oil export imports contributed to an increase in cash reserves and was also reflected in financing foreign commercial activity and supporting the dinar." LINK
Office Tower SOLD FOR $1 - US Commercial Property Collapses As Pension Fund Panic Sells
Sean Foo: 3-2-2024:
The US commercial real estate crisis just got worse with a pension fund selling its Manhattan building for one dollar! As interest rates continue to hammer on commercial property, more banks and funds are at huge financial risk. Here's why the CRE collapse isn't over and why banks might be taking a brutal hit soon.
Timestamps & Chapters:
0:00 Commercial Property FIRESALE
3:12 Pension Funds In Trouble
6:06 Collapse Not Over Yet
8:30 US Banks Big Risk
10:52 Big Banks Not Spared