Mnt Goat News Brief 4/2/20

Hi Everyone,

I bring you much news today.

So, if you are serious about learning the current status of your investment in the Iraq dinar, then you must read today’s newsletter.

You must get the FACTS and read the recent articles since Tuesday's news, It is all spelled out very clearly in black and white. I can give you my summary or even opinion but why, its all in the articles and I can’t say it any better.

More news….

CENTRAL BANK: WE HAVE NOT REACHED THE STAGE OF DANGER, CRISIS AND PANIC

Ihsan Shamran, general manager of accounting at the Central Bank of Iraq, said that there is no reason to be pessimistic about the country's financial situation.

He stressed in a statement that the employees' salaries are insured, and the April salaries are available, stressing that the central bank will not leave Iraq in danger.

He pointed out that THE FINANCIAL SITUATION OF IRAQ HAS NOT YET REACHED THE STAGE OF DANGER, nor the stage of crisis and panic, adding that there is NO LONGER ANYTHING CALLED THE PRINTING OF THE CURRENCY as he put it.

More news….

Shankali asks the central bank: THE PRICE OF THE DOLLAR EXCEEDED 130,000 DINARS ... WHERE DO THE PROFITS AND GAINS GO?

Former MP from the Kurdistan Democratic Party, Majed Shankali, criticized Thursday the measures of the crisis cell over the failure to maintain the dollar exchange rate.

Shankali said in his tweet on "Twitter", "The price of the dollar against the dinar on the provincial exchange yesterday and today reached 1275-1300, knowing that the official price for selling it in the central bank is 1191."

He asked, "Is this part of the solution to the financial crisis, or is it profits and gains added to the profits of those who control the window of the sale of the currency daily? !!! The central bank has to answer."

More news….

THE IRAQI DINAR COLLAPSES AGAINST THE DOLLAR AND URGENT DEMANDS TO RECTIFY THE MATTER.

What is the role of the Central Bank?

The popular and economic circles in Iraq panicked today, Wednesday, because of the RECORD HIGH DOLLAR IN FRONT OF THE IRAQI DINAR, as it reached in some areas to 126 thousand dinars against the 100 Iraqi dollars, while questions were raised about the role of the central bank in that.

And the local media reported, the high dollar exchange rate against the Iraqi dinar, while some regions recorded 126 thousand dinars in front of a class of 100 US dollars, after it was 123 thousand dinars, when the markets opened.
Media outlets reported that "the rise in the price of the dollar is due to the crisis in the spread of corona and the closure of the central bank."

(Mnt Goat – And these gurus are telling you the dinar is going to RV now? What? This is such foolishness and stupidity it is beyond imagination.)


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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.
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Articles Begin

CENTRAL BANK: WE WILL CONTINUE TO AUCTION THE CURRENCY TO SUPPORT TRADE AND IMPORT FOOD

Today, Wednesday, the Central Bank of Iraq called private banks and exchange firms to take a responsible role in light of the current stage, indicating its continued monetary and financial policy.

A statement seen by Yassin Iraq said, "The efforts of the various institutions in our country to fight the Corona epidemic and get out peacefully from this crisis join together," calling on "banks, exchange companies and electronic payment companies to take their responsible role at this stage."

He added, "Although the curfew has affected the activities and actions of all official institutions, including the Central Bank of Iraq, we have taken the initiative to employ our cadres in order to sustain the payment of salaries and finance of food, agricultural, medical and all necessary materials," stressing that "there is no change in its policy in financing Trade and imports, which will resume after the ban is fully lifted.

With regard to the next stage, the statement stated that “the bank will begin to enhance bank balances abroad through the foreign currency sale window, according to a schedule of working days and according to the requirements of the situation, and that is to be reported first, for the purposes of financing the credits of importing foodstuffs, agricultural supplies, medical materials and goods necessary for the country and citizens.”

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HEZBOLLAH IN IRAQ, IT WILL FAIL ALL AMERICAN PLANS IN IRAQ

April 1 / IRNA

The Islamic Resistance, the Hezbollah Brigades in Iraq, confirmed on Tuesday that it will fail all American plans in Iraq, and that the American forces are occupying forces, and if they leave and the government imposes its prestige, there is no justification for carrying weapons.

"The United States has violated the Strategic Framework Agreement, and the American forces in Iraq are occupying forces," Kataeb spokesman Mohamed Mohy said in a televised interview broadcast on the Iraqi "Al-Ittijah" channel.

He added, "The American forces, if they exist at the request of the government, will not be combat forces, and that our pressure for the exit of the American forces came after informing the government, political forces, and parliament." Mohi stressed, "The Hezbollah brigades will fail all American plans in Iraq," pointing out, "If the Americans leave and the government imposes its prestige, there is no justification for carrying weapons."

He pointed out, "The current or future government cannot bring out American forces through diplomatic means, and that America is looking for its interests only and we advise some parties not to bet on their people."
A spokesman for the Hezbollah Brigades said, "The resistance foiled America's plans to impose hegemony and spread chaos in Iraq."

(Mnt Goat – Of course we all know that the only reason why American forces are in Iraq is to protect Iraq and American interests. It is the Iranian militias who impose hegemony and spread chaos in Iraq and are used and will continue to be used as the strong arm of the Iranian backed blocs to impose Iran policy on Iraq. So this article is nothing more than propaganda in a continued attempt to get the US out, so they can totally control Iraq with no resistance. Looks like to me the US must force them out. This is coming…)

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Source: Al-Zorfi's government will pass at the end of next week, after the number of MPs supporting it increases

A political source close to the talks on forming the government revealed the high chances of the person in charge of Adnan Zarfi forming his government after he won a new number of supporters.

The source said to "Al-Ikhbaria" that "a positive atmosphere in Al-Zrafi's talks with the political blocs resulted in an increase in the number of deputies supporting him," noting that "Al-Zorfi increased his chances a lot after the negotiations of the last two days."

The source added that "the Zarfi government will pass at the end of next week."

On Tuesday, March 17, President of the Republic, Barham Salih, commissioned the former governor of Najaf, Adnan al-Zorfi, to form the interim government to succeed resigned Adel Abdul-Mahdi, and he apologized for assigning Muhammad Tawfiq Allawi.

Al-Zarfi’s mandate sparked great controversy in political circles between supporters and opponents, after he was rejected by the Al-Fateh coalition and some Shiite forces, with the exception of Al-Saer and Al-Nasr, which met with Sunni and Kurdish support, as well as other Al-Nasr and Al-Nasr and some independents of the Shiite blocs.

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DEPUTY: THE DELAY IN GIVING CONFIDENCE TO THE AL-ZARFI GOVERNMENT WILL BEAR THE CONSEQUENCES FOR THE PEOPLE

Independent MP, Riyadh al-Tamimi, believes that the delay in granting confidence to the government of Prime Minister-designate Adnan al-Zarfi will bear the consequences for the people.

Al-Tamimi told Al-Ikhbaria that he "chose Adnan Al-Zarfi because of his experience in leadership positions and most notably his previous position in Iraqi intelligence."

Al-Tamimi said by saying that "the delay in granting confidence to the Al-Zarfi government will bear the results for the people."

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KARBOULI: THE DECISION TO CHANGE WILL ALWAYS BE IN THE HANDS OF THE PEOPLE

The head of the solution party, Jamal Karbouli, confirmed today, Tuesday, that the decision to change will always be in the hands of the people.

Karbouli said in a tweet on his Twitter account: "After Corona, fair states will increase in wisdom and progress, and unjust states will increase in brutality and tyranny."

He indicated that "the decision to change will always be in the hands of the people."

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ZORFI, EXPRESSED HIS INTENTION TO LAUNCH A "MAJOR" RECONSTRUCTION CAMPAIGN IN IRAQ

On Wednesday, the Prime Minister-designate, Adnan Al-Zorfi, expressed his intention to permanently close the file of the displaced and launch a "major" reconstruction campaign in Iraq in the event he was able to form the next government.

This came during his meeting at his residence in Baghdad, both of the Minister of Immigration and Displaced Nawfal Baha Mousa and the head of the Iraq Reconstruction Fund, Mustafa Al-Hiti, according to a statement issued by Al Zorfi’s media office today.

The statement stated that Al-Zarfi confirmed his government's intention to work with care and responsibility to permanently close the file of the suffering of the displaced and the displaced, in parallel with the reconstruction of the destroyed cities and ensuring the requirements of civil peace and coexistence.

The Prime Minister-designate also expressed his intention to launch a major national campaign to advance basic services and vital projects throughout Iraq.

Al-Zrafi noted that he received encouraging signals from the ambassadors of the permanent members of the United Nations Security Council and the European Union member group to contribute to the support and financing of the Reconstruction Fund to expand its development and service projects.

It is noteworthy that Al-Zrafi also met yesterday evening, Minister of Planning Nuri Al-Dulaimi and Chairman of the National Investment Commission Salar Muhammad Amin Agency.

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IRAQ IS MOVING TO RECONSIDER THE POLICY OF ECONOMIC AND FINANCIAL

Called the Finance Committee in the House of Representatives to reconsider the economic policy of the country through the next stage and reduce dependence on oil.

Said committee member Dr. Ahmed Al-Saffar told the"morning": that "the government was intends to change the state budget of items to objectives, and should begin their application as of this year in the sectors of education, health, and then generalized to other sectors".

He added that "the current crisis made it necessary to reconsider fiscal policy economic development of the country and reduce dependence on oil as a source is one-sided in the financing of the budget".

And the beep that "the government should ease the burden of the public sector and participation by the private sector, and through the facilities and the issuance of laws and legislations that enable the private sector that also exist in all countries of the world, when he runs the majority of the agricultural sectors, industrial, health, transportation and education under the supervision and control of the government not to use
Citizens."

Warned the yolk of the conduct of Iraq in the context of risk can be through which the future is not clear and cataclysmic in the case remained dependent on oil as the primary source of financing for the budget, as prices are unstable and depend on the International Relations of supply and demand on the one hand, a commodity inexhaustible, and can be consumed all the Reserve in the ground being the share of future generations, which should behave in Then".

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POLITICAL EXPERT: THE IRAQ CRISIS IS ENDURED BY CORRUPT CLERICS, POLITICIANS, AND MILITIA LEADERS

The political expert, Basil Hussein, believes that the current health, economic and security crisis in Iraq is borne by three figures in society.
Hussein said in a tweet on "Twitter", that "the current Iraq crisis is borne by three: clerics without religious or human values, corrupt politicians without conscience or morals, and militia leaders who do not believe in the state."

It is noteworthy that the barrel of oil in Iraq has a net price of only 10 dollars, while the Corona epidemic has worsened in the country until it reached more than 715 casualties, WHILE THE BOMBING OF INTERNATIONAL COALITION BASES CONTINUES WITHOUT THE ACTIONS OF THE IRAQI GOVERNMENT.

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A POSSIBLE ATTACK BY IRAN OR IRANIAN-BACKED FORCES IN IRAQ ON US FORCES

Baghdad / Al-Akhbariya:
A US official confirmed to Reuters on Wednesday that American intelligence information about a possible Iranian-backed attack on American forces and installations in Iraq.

And it indicates that it will be a denial attack, not like the missile attack launched by Tehran in Iraq in January.

The official, who asked not to be named, added that US intelligence has been tracking leads for a while about a possible attack by Iran or Iranian-backed forces.

The official did not disclose information about the exact timing of the attack or its targets.

On Wednesday, US President Donald Trump warned Iran against paying a heavy price if American forces attacked Iraq.Trump tweeted on Wednesday: “Information and facts confirm that Iran or its proxies are planning a surprise attack on American forces and / or facilities in Iraq. If that happens, Iran will pay a very heavy price!

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IF PARLIAMENT DOES NOT GIVE CONFIDENCE TO AL-ZRAFI, THE POWERS OF THE PRIME MINISTER WILL GO TO THE PRESIDENT OF THE REPUBLIC

Legal: If Parliament does not give confidence to Al-Zrafi, the powers of the Prime Minister will go to the President of the Republic,
Baghdad / Al- Akhbariya :

The legal expert, Ali Al-Tamimi, confirmed on Wednesday that the failure of the Prime Minister-designate Adnan Al-Zorfi will lead to the transfer of the government’s powers to the President of the Republic, Barham Saleh directly.

Al-Tamimi said in a statement to “Al-Akhbariya” that “the text of the fifth paragraph of Article 76 of the Constitution stipulates that the President of the Republic be assigned another candidate when the ministry does not gain confidence … and before the President of the Republic made this assignment, which is the last in Article 76, the Federal Court sought the opinion of its opinion Concerning the largest bloc, DOES HE ADHERE TO THE COMMISSIONING OF ITS CANDIDATES, OR IS IT FREE AND UNRESTRICTED, and the Federal Court answered him by decision 29 of 2020 that he is free to choose and is not obligated to choose from the largest bloc, and he did so by any president of the republic by choosing the Zarfi who remained for him from the 30-day period granted to him by choosing the cabinet and preparing curriculum a Ministerial 15 days. “

He added, “If Zarfi does not succeed in his 30-day mission or parliament does not give him confidence here, MATTERS WILL GO TO ARTICLE 81 OF THE CONSTITUTION WHERE THE ADMINISTRATION OF THE COUNCIL OF MINISTERS MOVES TO THE PRESIDENT OF THE REPUBLIC IN ADDITION TO HIS DUTIES AS PRESIDENT OF THE REPUBLIC and he has here according to this Article to assign another candidate, which is the opportunity beyond An opportunity where if this taxpayer fails to succeed, the PRESIDENT OF THE REPUBLIC WILL HAVE THE RIGHT TO DISSOLVE PARLIAMENT IN ACCORDANCE WITH ARTICLE 64 OF THE CONSTITUTION because he has combined the capacity of the President of the Republic and the ministers together. “

He continued, “The President of the Republic cannot withdraw the mandate from Adnan Al-Zorfi, but the constitution requires that the 30-day period granted to him be spent by choosing the cabinet, and if he fails or the parliament does not give him confidence, only here we can say that Al-Zrafi failed.

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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