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 evening to all….prayers for everyone in the path of Hurricane Milton
Member: Hoping and praying for some good RV news tonight
MZ: “Iraqi Government issues new decisions” This one is pretty deep and I have no doubt MilitiaMan will soon do a deep dive on it. Everything in this article that they have just done is screaming REER. (Real Effective Exchange Rate)
MZ: And that is what I am hearing from my folks at the Finance Ministry. They believe we are circling close to the rate change.
MZ: And the Export Import bank of the United states has approved $297 Million for an energy efficiency project in Iraq. This money would not be going to Iraq if it wasn’t going to be safe and stable….and if they could not pay those loans back. They are counting on an International Iraq with a real effect exchange rate.
Member: So exciting mark ! There has to be a rate change asap if this is all happening in Iraq !
MZ: ”Parliamentary Legal confirms the progress on legislation on the recovery of proceeds of corruption law” They are cleaning house
MZ: I am getting downright excites watching all the news from Iraq.
Member: Any news from bonds today Mark…..anyone got paid???
MZ: No bond news yet guys…I’m drawing blanks but hoping that means extremely good things.
Member: This 3 day weekend would be perfect