Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

Mnt Goat News Brief 4/15/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap

Mnt Goat News Brief 4/15/19

Post new topic   Reply to topic

Go down

Mnt Goat News Brief 4/15/19 Empty Mnt Goat News Brief 4/15/19

Post by RamblerNash on Mon Apr 15, 2019 11:02 am

Hi Everyone,

I bring you much news today.

First I want to say that Friday’s newsletter did not make if off the press in time for publishing. Our gasthaus was do overwhelmed and we all worked long hours and I did not get a chance to publish. These multitudes of last minute Alpine skiers from spring have arrived. We can still see the snow high up in the mountains and much of it remains all year round. But the lower regions see mostly the skiers in winter. So as it melts below the skiers must go higher and higher to ski. The skiing there is still great and so I invite everyone to come and enjoy it.

More news….

Did everyone enjoy this stupid, totally unnecessary roller coaster ride this past week (or weeks) by these delusional so-called intel gurus. Oh – but the banks are telling us the RV is imminent. Really? How stupid! Someone should tell these idiots it is the Central Bank of Iraq that is responsible for the reinstatement of the Iraqi dinar not US banks.

This guy TNT Tony, being the leader of the delusional pack, has been saying his delusional intel now for years. Then every other gurus picks it up as their intel. Get it? Yes, his little merry band of idiots will follow him off a cliff if he told them to jump. He even invites them to his birthday parties, then smokes his weed and drinks his brandy with them.

What is delusional thinking?
Delusional comes from a Latin word meaning "deceiving.". So delusional thinking is kind OF LIKE DECEIVING YOURSELF BY BELIEVING OUTRAGEOUS THINGS. Delusional thoughts are often a sign of mental illness, but the word can also be used more loosely to describe behavior that is just not realistic.

This is the idiot that thousands of investors follow. Oh – did I mention he already has a reputation of being a network marketers scammer. He even served time in prison for his illegal mass marketing schemes. Go figure!

He can try to defame me by picking on gender. He does this because he has nothing else of importance to talk about. Since my news is always spot on how else can he dig me? Yes, it is a war between us. A war of reasoning, logic, honesty and truthfulness. He loses in all fronts.

More news….

UPDATE ON THE ONGOING ELECTION SAGA

Information / Special …
The deputy of the Fatah Alliance Mohammed al – Baldawi, on Thursday, the existence of parliamentary movement to display the cabinet cab remaining for Prime Minister Adel Abdul – Mahdi to vote in the session next Saturday 4/20.

Al-Baldawi said in a statement to Al-Mawloumah that “the Fatah and Allawi parties ended all disputes related to the Interior Ministry candidate and the matter was resolved.” He pointed out that “differences are currently confined to the Ministry of Defense, Education and Justice.”

He added that “some of the political blocs in parliament are currently active mobility within the Council to offer the cabinet cab to vote in the session next Saturday,” noting that “the political blocs do not want to pass the ministry and leave others as it would harm political agreements and may disrupt the completion of the cabinet cab again.”

The House of Representatives has lifted, on Wednesday, the eighth session of the second legislative session held today to Saturday 4/20.

More news….

BAGHDAD (Reuters) - Iraqi Prime Minister Adel Abdul Mahdi said on Friday (April 12, 2019) that Iraq would pay 11 trillion dinars out of the 2019 budget to pay its debts.

The banking sector in Iraq needs to be further developed," Abdul Mahdi said in an interview with Al Masalla. He said about 30 percent of the employees'" salaries had been settled to provide substantial liquidity. Iraq is suffering from the war on terrorism and the requirements of armaments, of large debts to pay.

(Mnt Goat – Again just more of Iraq paying it’s debts every three months. Nothing amazing here.)

More news….

Mawazine News
The Inspector-General of the Ministry of Interior, on Friday, the next 90 days will be harsh on the corrupt.

"He added, addressing the so-called honorable:" Stay away from the corrupt, so that the non-corrupt will not mix with us. "

(Mnt Goat – I will believe it when I see it.)

More news….

Sadr's alliance said that he would not be too patient with Prime Minister Adel Abdul Mahdi to implement his government program.

The head of the coalition Hassan Aqoli in press statements, that 6 months is almost the end of the period of Iraqi government and Iraq needs quick solutions, but the reality on the ground that the people did not feel any change so far.

(Mnt Goat – remember Sadr gave Mahdi until the end of June to get his govt formed and to work the these reforms. After he will seak to replace him if these conditions are not met. What are these conditions? We read the list way back in May-June of 2018. Remember? They are in my newsletters going back to that period.)

More news….

The Ministry of Commerce signed a joint memorandum with the Ministry of Commerce and Industry in the Kurdistan region during a workshop in Erbil on the files to be completed for Iraq's accession to the World Trade Organization (WTO), as well as the need to continue to communicate to resolve any problems that occur between the Center and the region.

(Mnt Goat – this another workshop in preparation to accession to the WTO and nothing more. No RV significance.)

More news….

REMAINING BLAST WALLS SEPARATING THE GREEN ZONE ARE GONE

This week we witnessed the taking down of the remaining blast walls separating the green zone from the remaining Baghdad. Yes, they are finally gone, some 16 years after the U.S.-led invasion, life in the Iraqi capital Baghdad is starting to look like any normal bustling city once again. Things are improving.

More news….

The Iraq Britain Business Council (IBBC) held its annual Spring Conference at the Mansion House in London on 10 April, hosting officials from the UK and Iraqi Governments and delegates from the major companies operating in Iraq covering all sectors of the economy.

The conference was entitled ‘Iraq – Financing a Modern Economy’ and was organized in conjunction with the Central Bank of Iraq and the Iraq Private Banks League.

*************************************************************
Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks.
*************************************************************
Articles Begin

SIGNIFICANT DELAY IN THE DISBURSEMENT OF FUNDS FOR SEVERAL INVESTMENT PROJECTS

The Finance Committee of the parliamentary, there is a significant delay in the disbursement of funds for several investment projects scheduled within the federal budget law for the year 2019, before a meeting expected with 15 governors next week.

A member of the Finance Committee MP Haneen al-Qado said in a press statement on Wednesday, April 10, 2019, that his committee "will hold an important meeting on the fourteenth of this month with 15 governors in the presence of representatives of the Ministries of Finance and Planning to question the amount of disbursements on investment projects within the budget Year 2019 and rates of achievement, "according to the newspaper" Mada ".

He added that "the purpose of this meeting is to know the funds that were spent by the Ministry of Finance as allocations for these provinces within the budget law," noting that "THERE ARE MANY PROJECTS ARE STILL LANGUISHING DESPITE THE ALLOCATION OF FUNDS TO THEM."

He explained that "THERE IS ALSO DELAY IN THE DISBURSEMENT OF FUNDS FOR SOME PROJECTS BY THE MINISTRY OF FINANCE WITHOUT KNOWING THE REASONS," pointing out that "in these meetings we will try to identify the problem and resolve to spend money for these projects."

For his part, another member of the parliamentary finance committee, said that "there is a delay in the financing of many investment projects after more than two months to pass the federal budget law," REVEALING THAT "THE PARLIAMENTARY FINANCE COMMITTEE FORMED A MINI COMMITTEE TO FOLLOW UP THE IMPLEMENTATION OF THE DRAFT BUDGET LAW OF THE IRAQI STATE "He said.

He pointed out that "the most recent projects that delayed their funds are projects located in the areas and cities restored from the control of the organization of Daash," pointing out that "the work of the House of Representatives control of government agencies in the implementation of the federal budget law approved three months ago ."

The parliamentary finance committee had previously promised to fully review the final accounts in order to hold accountable all parties and persons who were in default and causing "waste of public money." She said that she intends to draw up a comprehensive plan in the next legislative chapter to monitor all state institutions in implementing the provisions of the budget law .

(Mnt Goat – It’s called CORRUPTION!)

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

QUESTIONING THE GOVERNOR OF THE CENTRAL BANK ALI ALALAK

A member of the House of Representatives MP Mohammed Karbouli, on Sunday, QUESTIONING THE GOVERNOR OF THE CENTRAL BANK ALI ALALAK SEVERAL ISSUES, INCLUDING THE SINKING OF THE SEVEN BILLION.

" The issue of signing the national currency to commemorate the name of the central bank governor has been closed, " Karbouli said in a tweet on Twitter, adding that "the seven sunken billions are forgotten."

He pointed out that "the allocation of nearly one billion dollars for the construction of one building has become an old issue," noting that "the continuous bleeding of money at the auction of currency is less than to worry officials," adding that "the disruption of domestic production in favor of imported products became a national economic policy."

He continued, "The secret of disabling the questioning of the governor of the Central Bank in parliament secret is known only to the established in science."

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

FINANCIAL WASTE IN CENTRAL BANK IS DAMAGING TO IRAQ'S INTERNATIONAL REPUTATION

The independent politician Ibrahim al-Sraheid said on Monday that the financial waste in the Iraqi institutions, especially THE CENTRAL BANK, IS VERY DAMAGING TO IRAQ'S INTERNATIONAL REPUTATION, ESPECIALLY IN THE FIELD OF RECONSTRUCTION OF THE COUNTRY. This made investors reluctant to work in Iraq. Central to the relations about this waste.

"There is a big talk in the international media about the financial waste in the financial institutions, especially the central bank, which is very harmful to Iraq's international reputation, especially the institutions that seek to work with Iraq, the field of reconstruction and all investment fields, and MAKE THEM MOVE AWAY FROM," he said. Iraq because of this financial damage. "

He added that "THE APPARENT CORRUPTION RAMPANT IN THE CURRENCY AUCTION AND IN MOST OF THE ACTIVITIES OF THE CENTRAL BANK OF IRAQ DRAINS MILLIONS OF DOLLARS ON A DAILY BASIS," noting that "if the state applied its declared policy in the fight against corruption and the establishment of anti-corruption council joins several other institutions in this regard to eliminate what gets from the financial waste in the central bank. "

"THERE IS A GREAT RELUCTANCE OF INVESTORS TOWARDS THE COUNTRY, EVEN THOUGH IRAQ IS A GOOD MARKET FOR GOODS AND ATTRACTING INVESTORS, but that reputation makes the investor move away, especially as the rule in the economy is that the capital is cowardly, so these countries are afraid to take risks," he said.

He explained that "the investor needs protection in order to fortify his money," noting that "IRAQ HAD PREVIOUSLY SIGNED A MEMORANDUM TO PROTECT THE INVESTOR, BUT IT SEEMS TO BE MERE INK ON PAPER, there are no actions inside the Iraqi indicates that there is protection for the investor." He pointed out that "THERE IS PROTECTION FOR LARGE SYMBOLS IN IRAQ DELAYING THE INTERROGATION AND INVESTIGATION OF A NUMBER OF FILES OF CORRUPTION." He added that "there is a sign of surprise and astonishment why not ask the head of the Central Bank because of individual decisions and what drains the money on a daily basis?"

He said: "The answers, which were said by the relations about the damage of seven billion because of the rain has become a talk of the street and take people to spoil it, and after a week was forgotten by government authorities as if nothing was.

(Mnt Goat – So the issue with the loss of 7 billions dinars in 2013 is still not resolved. We read this article and it is not good. It is telling us that there are many laws in place to fight corruption but that they are not being enforced. Especially in the currency auctions. How many article recently have we read ackowleding this issue? Is this the fight against corrupt in the next 90 days they are talking about in another article this week? I quote from the article – “The Inspector-General of the Ministry of Interior, on Friday, the next 90 days will be harsh on the corrupt”. Or is this all just more useless talk again?)

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

BANKS TO CONFISCATE THE DAMAGED BANKNOTES

The bank said in a statement received by the Iraqi Information Agency
that "ALL BANKS TO CONFISCATE THE DAMAGED BANKNOTES PERFORATED DISCOVERED WITHIN THE DEPOSITS OF CUSTOMERS OF THE BANK and delivered to the Central Bank of Iraq with knowledge of its source from the customer and otherwise the bank bears the legal responsibility resulting from it."

The bank added that "banks also provide damaged banknotes as a result of burning or burial to the Central Bank and its branches exclusively directly from citizens."

The current Iraqi currency consists of seven categories, including 250 dinars, 500 dinars, 1,000 dinars, 5,000 dinars, 10,000 dinars, 25,000 dinars and 50,000 dinars. The coins were withdrawn by the bank for non-circulation by the public years ago.

(Mnt Goat – I like this article because is debunks once again this stupid guru nonsense that the smaller category notes are already “trickling out”. So they are telling the denominations now in circulation and no more.)

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

FINANCIAL DISCLOSURE AND TRANSPARENCY A STRATEGIC APPROACH FOR THE CENTRAL BANK OF IRAQ

Central banks in the countries across the world mainly aim to achieve economic stability through the achievement of monetary and financial stability in accordance with its programs and strategy, which aims to MAINTAIN STABILITY IN THE EXCHANGE OF LOCAL CURRENCIES against other foreign currencies AND BUILD SUFFICIENT FOREIGN RESERVES in accordance with international standards issued by the International Monetary Fund, Based on other criteria related to confronting crises, challenges, economic and political shocks in their countries, controlling stable rates of inflation rates, interest rates, implementing compliance regulations and rules, COMBATING MONEY LAUNDERING.

Which led the Central Bank, which assumed responsibility in 2015, to formulate a strategy for the next five years, one of the main objectives of the main and subsidiary is the adoption of transparency and disclosure locally and internationally on the progress of the results achieved for the financial sector and banking and adhere to the international standards standard applied by the banks of the world Led to the creation of a new and balanced relationship with banks and international banking institutions based on confidence in the financial statements provided by the Central Bank.

We note that the Central Bank of this strategy and this approach is announced to the local and international public opinion as follows:

1 - The statements issued by him and the Iraqi banking sector confirms the transparency and disclosure of the Central Bank of Iraq, and for the first time since 2003 at least by DECLARING RELIABLE AND TRANSPARENT REPORTS OF TOTAL REVENUE FROM THE CURRENCY FOREIGN EXCHANGE AND TOTAL EXPENDITURES OF THE FOREIGN CURRENCY OF THE GOVERNMENT ACCORDING TO APPROVED EXCHANGE RATES.

2. The data contained in his daily reports on his official website refutes all media statements authorized by non-specialists in the various media. IN PARTICULAR THE CURRENCY SALE WINDOW. I believe that the central bank's disclosure of the financial statements, especially those related to foreign currency, with the ACCURACY REQUIRED WILL GREATLY HELP TO RESTORE CONFIDENCE IN OUR NATIONAL ECONOMY AND THE IRAQI BANKING SECTOR domestically and internationally, because disclosure, transparency and credibility will increase financial coverage.

(Mnt Goat – Currency Auctions, Currency Auctions, Currency Auctions. How many times in the last couple weeks have we read about them and the corruption associated with them?

So in a previous article today (above) we read the problems Iraq is having getting investors to come into Iraq. They want to blame someone, any one and so they are now picking on the CBI. Oh – before it was all about SECURITY and fighting ISIS. Well this war has been over for years already and so now what is the problem?

This article is now telling us a five (5) year strategy to help with this problem with the CBI. Everyone knows it is time to stop the currency auctions. Sanctions have been “fully” lifted by Dec 2017 and so why continue them? They ONLY continue them for one reason. It is the corruption that is based from them. It is the billions of US dollars being taken illegally and sent to Iran. There currency auctions are the instrument in which to do this. When they go away all this stops and the CBI can no longer justify any reduction of the reserves in this regards anymore. So is the CBI also corrupt? Yes, since they have laws to prevent these crimes and nothing is being done to stop them. Oh – but they say there is no way to fully stop it. I beg to differ. Yes, they can but they must reinstate the dinar and end these currency auctions as they exist today.)

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

THE WORLD SHOULD CONTRIBUTE TO THE SUPPORT AND RECONSTRUCTION OF IRAQ

"The world should contribute to the support and reconstruction of Iraq after the achievement of the miracle," said the head of the victory coalition, Haidar al-Abadi, the ambassador of the Federal Republic of Germany in Baghdad, Cyril Jean Nun.

Al-Abadi's office said in a statement that "Haidar al-Abadi received his German ambassador to Iraq on Thursday and discussed bilateral relations in various fields and international support for Iraq in the field of reconstruction, Germany's contribution to the situation in the region and the latest developments in the country.

"Iraq, which has achieved the great victory over terrorism, IS WAITING FOR THE INTERNATIONAL COMMUNITY TO SUPPORT ITS RECONSTRUCTION, noting that the whole world saw the gangs as a terrorist threat that could not be eliminated in three or four years," Abadi said. Achieved what the world called a miracle and this requires a stronger contribution from the international community to the reconstruction of the country during the next phase. "

(Mnt Goat -Remember that Germany is the central hinge pin for the World “One World Government” in Europe and so Iraq is going Iraq is planned to be the central hub or hinge pin for the middle east and its centralized governmet headquarters. Does it surprise you they are trying desperately to deal with all these dictators? The UN must put puppet leaders in their place who will go along with the UN agenda and ideology for the world. In the US this puppet was supposed to be Hillary Clinton but the elections did not turn out that way. This is setting he UN back on accomplishing their goals. But they are patient and will continue anyway and can wait as long as they need to.)

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

THREE IRAQI PRESIDENCIES SEEK TO PLEASE THEIR PUPPET MASTERS IN TEHRAN

The three Iraqi presidencies are seeking to please their masters in Tehran because of their positions on the important US decision to protect Iraq and its sovereignty over the status of Iran's Revolutionary Guards on the international terrorism list.

Al-Alusi told Ashqaf News that "with great surprise we follow the official positions of Iraq toward the important American decision to protect Iraq and its sovereignty over the status of the Iranian Revolutionary Guards on the international terrorism list, and if the distressed and the father knows that the statements made to the three presidencies do not amount to the level of national sovereign responsibility Represents a clear escape from the amount of responsibility placed on them. "

He added that "it does not differ in essence from the aggressive language of some sharp symbols of the militias, politicians and parliamentarians caused by THE DIRECT OR LATENT AFFILIATION OF THE IRANIAN REVOLUTIONARY GUARD NETWORKS DEPLOYED IN IRAQ AND THE REGION, and everyone knows that these statements is a price for the continued satisfaction of their masters in Tehran and South Lebanon as well as Not to disclose their corruption, which reached frightening stages and suspicious activities towards Iraq and its people. "

The leader of the Iraqi Umma Party said that "WE CALL ON THE THREE IRAQI PRESIDENCIES TO EXPRESS FRANK AND CLEAR POSITIONS ON THE SOVEREIGNTY OF IRAQ, defending the Iraqi people away from the faults of subordination and submissiveness to the Iranian Revolutionary Guard and its leaders stained with innocent blood.

(Mnt Goat – Remember I told you that Iran wants to keep the Iraqi dinar as low as possible and as close to their sanctioned Rial as possible. Just imagine this – the Iranian Rial is now at about 120,000 Rials to the US dollar. The Iraqi Dinar is about 1180 Dinars to the US dollar. So if Iraq reinstates the currency at just $4.00 what will happen to the Iranian Rial in trade with Iraq? The Rial will cost Iran 4 x 120,000 or 480,000 Rials to the Dinar to pay for any exports from Iraq. Do the math yourself. Since the Dinar will be four times as strong as the US dollar in the middle east this is what the cost will be to Iran if Iraq reinstates its currency and there is any significant change in value.

So in conclusion you tell me if Iran wants Iraq to reinstate its currency. You tell me that with all the influence of Iran in Iraq these days that somehow they are not influencing the CBI NOT to reinstate the Dinar. Go ahead tell me with a straight face…lol..lol..lol…

They also want to continue the abuse of the currency actions to bring billions of US dollars out of the CBI reserves over to Iran to overcome US sanction effects.

So Iran benefits two fold – 1) the continue to get billions of US dollars to overcome their US sanctions; 2)they prevent the reinstatement of the dinar to keep their cost of trade with Iraq at its current cost. )

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

“TOGETHER WE BUILD IRAQ”

The second week of April marked two anniversaries, each commemorated for a different reason. April 9 marked 16 years since Baghdad fell and Saddam Hussein’s statue was toppled. April 10 marked 10 years since Britain’s former trade envoy to Iraq, Baroness Emma Nicholson, founded the Iraq Britain Business Council, advancing investment and trade.

The air of optimism filling London’s Mansion House, where businessmen and politicians assembled, felt in stark contrast with the public mood in Iraq. Misery hangs heavily over a society in which unemployment rates are sky high and where the value of life is no longer respected. The weight of the fallout caused by the US-led invasion of 2003 is something Iraqis continue to endure.

In London, the slogan of the Iraq Britain Business Council (IBBC) — “Together We Build Iraq” — greeted guests at the venue.

British businesses were in strong attendance alongside Iraqi delegates led by Deputy Prime Minister and Finance Minister Fuad Hussein. There were representatives from the Iraqi Private Banks League, the Central Bank and more. The event drew major foreign players and sponsors from BP-Iraq and JP Morgan to oil giant Shell.

The conference set its sights on modernizing Iraq’s economy. The aim, in the words of Iraqi Council of Ministers Secretary-General Mahdi al-Alak, was “to target the lifeblood of the economy” through sectors such as oil, energy, infrastructure and education. ALAK EMPHASIZED THE NECESSITY OF “COMING DOWN HARD ON CORRUPTION” BEFORE IRAQ CAN TURN ITS BACK ON PAPER-OPERATING PROCEDURES.

Fintech (financial technologies) and Iraq’s transition to a cashless society featured prominently in discussions, on stage and off. The success of fintech, however, depends heavily on the behavior of the ruling political class.
CORRUPTION HAS CONSISTENTLY STOOD IN THE WAY OF EFFECTIVE GOVERNANCE and trade but those are barriers that speakers promised would be resolved to the benefit of both Britain and Iraq. The drive towards economic diversification was another promise that rests on the state’s commitment to fighting corruption so state revenues can be more evenly distributed beyond the oil and gas sector.

Although politics was strictly off the agenda, speakers commended Iraq’s security forces for defeating the Islamic State last October. Endemic corruption, LAWLESS MILITIAS, soaring birth deformities, abnormal cancer rates and dilapidated services, all major problems in the country, were nowhere to be seen on the agenda.

The economic consequences of conflict, which existing and preceding governments in Iraq have inherited, have proven profoundly challenging. The problem is exacerbated by corruption, which stunts domestic growth.
Iraq’s economic freedoms and the collapse of many of its productive state-owned enterprises, due to American-style reforms, have eroded many of the rights formerly enjoyed by local Iraqi businesses. Trade barriers in place that had protected them no longer exist.

Hussein praised the equal presence of Iraqis and Brits, barely mentioning the uneven relationship between his country and the United Kingdom. It is of critical importance to note that no regulatory framework determining trade rules, co-investments or healthy competition exists.

As wealthy British Iraqis are presented with invaluable opportunities to invest in their ancestral lands, at such events, one cannot erase from recent history the memory of the suffering of native businessmen and women in farming, psycho-social care or copper production — many of whom are unsupported by the state.

The head of one Iraq’s private banks said a RAPID EXPANSION OF PRIVATE BANKS, WHICH HE SAID STANDS AT 74, HAS DONE LITTLE TO STRENGTHEN THE DINAR OR ENHANCE DOMESTIC BANKING PERFORMANCES, compared with global standards.

“It just means that more people want a share of the pie,” said the owner of the Iraqi private bank, who did not wish to be identified.

“THE SALE AND AUCTION OF THE US DOLLAR IS ANOTHER MAJOR PROBLEM,” the banker added, referring to a practice that Iraq uses to exchange the dollars Iraq receives in oil income to dinars through private banks. THE PRACTICE IS PARTICULARLY HARMFUL BECAUSE IT LACKS TRANSPARENCY AND INVITES UNVETTED ACTORS. It has facilitated money laundering and weakened exchange rates. Still, the auctioning of the dollar is something the central bank has dogmatically defended.

The Iraqi street, whose concerns have been loudly voiced and whose anger has been seething for some time, was strategically kept out of the debate.
The course of the day fell in line with similar conferences, from Kuwait to Iraq, during which HOST COUNTRIES PROUDLY BRAG ABOUT THE INVESTMENT FUNDS THEY WHOLEHEARTEDLY BELIEVE WILL HELP IRAQ TO FULFIL ITS ROLE IN THE GLOBAL ECONOMY.

However, promising the idea brought to IBBC’s roundtable this year, the QUESTION ON THE MINDS OF CONCERNED CITIZENS IS WHETHER IRAQ’S ALLIES, INTERNATIONAL PARTNERS AND FRIENDS WILL CONTINUE TO TURN A BLIND EYE TO THE SINGLE GREATEST OBSTACLE TO ECONOMIC PROSPERITY AND TRADE — CORRUPTION.

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

HUSSEIN MET WITH US TREASURY SECRETARY STEPHEN NOCHEN

The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein and his accompanying delegation held a series of bilateral meetings with a number of ministers and officials of the financial and economic circles in various countries on Sunday. The Information Office of the Deputy Prime Minister for Economic Affairs said in a statement, "

Hussein met with US Treasury Secretary Stephen Nochen, and reviewed with him the latest developments on the political and economic arenas and ways to strengthen bilateral relations between Iraq and the United States of America." He also noted that "Hussein also met with the Minister of Finance and Treasury of the Republic of Turkey, Minister of State of the Ministry of Finance Piotr Noak, separately discussed with them bilateral relations and means of developing trade exchange between the two countries as well as the decisions of the Kuwait Conference. "

"He also met with the Minister of Cooperation of the German Ministry of Economic Cooperation and Development, Norbert Barthill, and discussed with him the efforts to provide services and reconstruction and repair the cities destroyed by military operations after the expulsion of the so-called Islamic State Organization and the training needs and capacity development in the institutions of the Iraqi government."

"FOUAD HUSSEIN STRESSED IRAQ'S COMMITMENT TO FIGHTING CORRUPTION, PROVIDING SERVICES AND PROVIDING JOB OPPORTUNITIES BY ACTIVATING THE ROLE OF THE PRIVATE SECTOR AND THE POSSIBLE SUPPORT PROVIDED BY THE UK GOVERNMENT TO IRAQ TO ACHIEVE THE PRIORITIES OF THE GOVERNMENT. Proof contained in the government program, "It is said that Iraq's ambassador in Washington, Farid Yassin attended these meetings and a number of general managers in the Ministry of Finance.

(Mnt Goat – Again I will believe it when I see this so-called recent desire to fight corruption. It is all just rhetoric to satisfy their politics. That is all it ever is!)

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

Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) in Iraq have worked. God has guided these young men and women on the battle field. The major war with ISIS has been over since Dec 2017. Let us all know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians and secret societies who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption and enslavement of people in Iraq and in the United States. We must pray for our leaders when they are being guided by the Holy Spirit. We must stand by them and let them know we are still there to support them, even after the election is over. I have composed a prayer maybe we can all pray today in our own way and until the reinstatement of the Iraq dinar occurs.

PRAYER

“For the Iraqi Prime Minister and the President of the United States, that all their cabinet members, and deputies may be anointed by the Holy Spirit to do God’s will and bring the free democracies of the Republics of Iraq and of the United States of America to the much-deserved prosperity and abundance.

To do this thru justice and freedom from oppression and corruption. That they may be a shining example for the rest of the middle east and to rest of the world to follow.

In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen
Much love to ya all,
Mnt Goat
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 15634
Join date : 2015-02-19

View user profile

Back to top Go down

Mnt Goat News Brief 4/15/19 Empty IDIOT

Post by TWW III on Mon Apr 15, 2019 5:35 pm

IT TAKES A BIGGER IDIOT TO CALL ALL OTHERS AN IDIOT. 
MAYBE U CAN LEARN SOMETHING FROM THIS GOAT.
YOU HAVE LOST MORE MEMS THAN MOST. 
REMEMBER THERE ARE ALWAYS 3 FINGERS POINTING DIRECTLY TO  YOU.

TWW III
Guest


Back to top Go down

Back to top


 
Permissions in this forum:
You can reply to topics in this forum