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Mnt Goat News Brief 10/17/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Post by RamblerNash on Thu Oct 17, 2019 9:52 pm

Hi Everyone,

I bring you much news today.

So, where do we stand today on getting this reinstatement of the Iraqi dinar?

We know that in order for Iraq to be successful financially and economically at the level they desire, they will soon have to reinstate the dinar to the global currency exchanges and trade their currency openly. The ISX does not trade currencies but getting the ISX hooked into the NASDAQ system certainly is a plus and speaks volumes of where they are heading. There are now plans to go ahead again as the CBI and the Finance Committee has told us many times already this is their plan. Remember the article in early 2019 telling us they plan to complete this currency reform in 2019?

But when will they finally move ahead with the next stage, that of the implementation of the project to delete the zeros? We know that the coins and the smaller of the smaller category notes are already staged at the banks and ready for use. How long can the banks tie up this money without using it to benefit the bank’s profit margin?

More news….

BAGHDAD: The International Finance Corporation (IFC) has adopted the “Guide to Corporate Governance for Iraqi Banks” issued by the Central Bank of Iraq.

It is noteworthy that the corporate governance of banks aims to determine the nature of the relationship between the board of directors of the bank and the executive management in order to protect the funds of depositors, shareholders and stakeholders and ensures disclosure and transparency.

More news….

IMPORTANCE OF BENEFITING FROM THE PRIVATE SECTOR TO DEVELOP THE ECONOMY

Baghdad / Al-Ghad Press:
A member of the Parliamentary Committee for Economy and Investment Riyad Al-Tamimi said on Monday the importance of benefiting from the private sector to develop the economy and establish large projects, calling on the government to activate it and employ thousands of graduates as an important part of resolving the current crisis.

He said in a press statement received by "tomorrow," that "the private sector in most countries of the world a significant and influential role in the progress of any country and its development of investments and projects that reflect positively on the economic reality of the country.

Al-Tamimi added that "what the country has witnessed during the past period of demonstrations with legitimate demands comes in response to the state of indifference to the activation of the private sector as a main tributary to employ thousands of graduates and unemployed and an important resource for the state budget.

He stressed "the importance of the private sector to make the necessary efforts to contribute to the advancement of the economy and investment in the country and reduce the dependence on other countries.

More news….

REPRESENTATIVES WILL VOTE ON A NUMBER OF RECOMMENDATIONS ON THE DEMANDS OF THE DEMONSTRATORS

The parliamentary Finance Committee, on Tuesday, that the House of Representatives will vote through its next sessions on a number of decisions and new recommendations on the demands of the demonstrators, while making clear that the decisions will include more than a million families with monthly salaries.

A member of the Committee Thamer Al-Hamdani in a statement to / information /, that "the Finance Committee submitted a number of proposals to the Presidency of the House of Representatives to vote on the demands of the demonstrators," pointing out that "the proposals included providing job opportunities for the unemployed, as well as the payment of financial grants to students until their appointment ”.

He added that "the most prominent proposals included the inclusion of more than a million families with monthly salaries to raise the standard of living," noting that "those funds will be included in the budget 2020."

More news….

SADR SPEAKS OUT OVER DEMONSTRATIONS

BAGHDAD / Tomorrow
the leader of the Sadrist movement Muqtada al-Sadr, on Tuesday, visitors heading to Karbala to commemorate the fortieth of Imam Hussein (AS) to shout against America and Israel and against the corrupt.

Al-Sadr said in a tweet followed by “Al-Ghad Press” “Iraqis walking to the kiss of the free revolutionaries, march crowds million organization and the eye of God is the sponsor of you, see the people of Iraq, see the army of Imam, see you, the father of corruption, walk in your shrouds and holding the banner of Iraq your phone Day 40 in the capital of the reformist Husseini Karbala with one voice: No both America, no both Israel, no no corrupt. ” They concluded with a shout: “Baghdad is free, free, corrupt.

More news….

IRAQ: REFORMS ARE NOT COMPLETED AND DEMONSTRATIONS WILL RESUME

Social networking sites circulated on Wednesday pictures showing leaflets urging demonstrations on the 25th of this month.

More news….

MORE MASSIVE DEMONSTRATIONS PLANNED FOR FRIDAY AGAIN

According to the leaflets that got "Iraq" one of them, it urges the people of Maysan province to come out demonstrations and bear a number of demands as shown in the picture.

More news….

REUTERS EXCLUSIVE: PROOF IRAN-BACKED MILITIAS DEPLOYED SNIPERS IN IRAQ PROTESTS (10/17/19)
https://reut.rs/2Bf0aNb‬
Iran-backed militias deployed snipers on Baghdad rooftops during Iraq’s deadliest anti-government protests in years, two Iraqi security officials told Reuters.

The deployment of militia fighters, which has not been previously reported, underscores the chaotic nature of Iraqi politics amid mass protests that led to more than 100 deaths and 6,000 injuries during the week starting Oct. 1. Such militias have become a fixture here with Iran’s rising influence. They sometimes operate in conjunction with Iraqi security forces but they retain their own command structures.

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

BAGHDAD - “LIBERATION SQUARES”

The President of the Republic Barham Masaleh stressed that the reluctance of voters to participate in the recent elections is clear evidence of the need to amend the General Election Law as it represents an urgent national merit to build the state and reform its institutions and eliminate financial and administrative corruption to meet the aspirations and will of the people and to promote freedom and democracy in the country.

Saleh, during his meeting today, representatives of the United Nations and the Electoral Commission and a number of university professors, journalists, activists, specialists and legal experts that this meeting, which takes place in very complex circumstances and the country is going through great challenges to dialogue with experts and specialists to listen to national public opinion first before Meeting with the political forces and blocs in this regard, stressing that listening to the different visions helps in reaching logical amendments to the law to serve the public interest of our people in all its components and be a platform for reforming the political system.

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

TO RESTORE THE VALUE SYSTEM OF THE ECONOMY IN IRAQ

The expert in economic affairs d. Salam Semsem, The problem of unemployment and high poverty is a natural product of the failure of the economic process on the one hand and the policy of the distribution of jobs followed in the country.

"The issue of economic reform is not linked to changing some ministers and bringing others as many claim, but the issue is to restore the value system of the economy in Iraq," she said.

"When the constitution announced that we are in the process of transitioning to a free market system, this will not happen in reality, but the state's control has continued. Public-private partnership in this case fell the economic process as a whole and there is no effective public sector and lead the cycle properly and in return we have a private sector active and developed, which exacerbated the problem of the economic process.
She also called for a reformulation of the economic process of decision-makers and economic centers in the country in line with the market economy and effective partnership between the public and private sectors.
“Liberation squares”

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

POLITICAL DIFFERENCES STILL CONSTITUTE AN OBSTACLE TO THE LEGISLATION OF THE OIL AND GAS LAW

Baghdad - Ahd News

A member of the Committee on Oil and Parliamentary Energy Zahra al-Bajari, political differences still constitute an obstacle to the legislation of the oil and gas law in the House of Representatives, noting that the law faces objection since 2006 and now.

Al-Bajari told "Al-Ahd News" on Wednesday, that "its committee CALLED ON THE PRIME MINISTER TO EXPEDITE THE SENDING OF OIL AND GAS BILL TO THE HOUSE OF REPRESENTATIVES AWAY FROM POLITICAL DIFFERENCES in order to study and legislation within the House of Representatives."

She added that "the law still ranges in the inclusion of the government and the reason for its disruption since 2006 differences political blocs ," stressing that the law, if approved, will join the sale of oil in terms of economic return.

(Mnt Goat – I keep telling everyone that the oil and gas law is imperative to getting the reinstatement of the Iraqi dinar. So, here is yet another article telling us the importance of it. I especially like this last statement and I quote – “stressing that the law, if approved, will join the sale of oil in terms of economic return”. Funny how this law comes up whenever we are in a period of time when we think that perhaps the project to delete the zeros might take off soon and be completed.)

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) and now the corruption in Iraq have worked. God has guided these young men and women on the battle field. He has guided the honest, patriots of Iraq to fight for their homeland. So this new war now on our citizens is underway. New battles are raging every day over corruption. These are battles to save our societies 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 also in the United States. We must pray for our leaders that they may be anointed by the Holy Spirit and guided to do God’s work. 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 all leaders of all nations, that they may be anointed by the Holy Spirit to do God’s will and work to bring about abundance and prosperity to their nation.

To fight this waging war on corruption, our freedoms, our liberties, socialist plans and injustice.

To bring all those corrupt to justice and pay for their crimes no matter how high up in the government they are.

That the FREE WORLD may be a shining example for the rest of the entire planet.

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


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