Mnt Goat's News Brief & The Beg-A-Thon Continues! 9/10/20

by **RamblerNash** Sat Sep 12, 2020 9:23 pm

Hi Everyone,

I bring you much news today.

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As usual, remember that for over 7 years, I have taken my own time from my gasthaus business to research and document findings about the revaluation of the Iraqi dinar. Please be generous but only if you can afford it and remember to give. I suggest $5-$10 a month but you decide. Whatever you can afford will be helpful in this time of Covid where nearly 50% of our business is now gone due to travel restrictions.

I hardly have the words to thank everyone who is supporting my newsletter efforts with all your ongoing gifts. Thank You, Thank You and Thank You again. This has made a huge difference in our lives.

More news….

IRAQ today has become the focus of attention from developed world countries such as the UNITED STATES, FRANCE and others. However, to attract investment companies to work in Iraq, but Iraq need to create a banking and legal environment and a sophisticated money system to deposit the withdrawal of funds. This is very difficult for investors to use the current system of currency auctions.

Security and stability are at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption.

Can Iraq do it? Many ask where is the RV. This is where the RV is going to come from. Read today’s news and ask yourself if Iraq is not moving aggressively in the right direction. The key is the word NOW versus as just talk as we have heard for almost a decade. Yes, they are NOW moving in the right direction as corruption is at a downturn and Iran is being moved out of the country with a roundup of the militias. Folks, the news could not get any better. It gets better and better each week.

More news….

VIR: VIETNAM IS EXPECTED TO BECOME SECOND MOST ROBUST M&A MARKET GLOBALLY AFTER US

(9/9/20)

Vietnam's M&A activities are expected to grow at a speed only second to the United States with hot sectors including construction, distribution networks, manufacturing and public infrastructure, according to the latest Euromonitor M&A Investment Index.

Accordingly, Vietnam's M&A Investment Score is expected to reach 94.6 points in 2021, trailing behind the US (112.5 points) and even exceeding major economies like China and India.

(Mnt Goat – many of you asked me if the Dong will revalue? Think for yourself. I am not going to spoon feed you. I only bring the news.)

More news….

THE INFLUENTIAL PARTIES NO LONGER CONTROL THE PRIME MINISTER.”

The independent MP for Diyala Governorate, Nahida al-Daini, said on Tuesday that political parties no longer control the prime minister under the current government headed by Mustafa al-Kazimi.

In a special statement to Shafaq News, Al-Daini said that influential parties are trying to recycle the same former faces accused of corruption to fill high government positions.

Al-Daini indicated that these parties are accustomed to managing the files of the prime minister, adding, “But they cannot do that as before.”

Al-Daini also denied attacking Al-Kazemi.

Media and social media platforms reported statements attributed to Al-Daini, stating, “We have not seen any achievements from Al-Kazemi on the ground until this moment, but rather relied on the loud media.”

Al-Daini responded by saying, “I have never made such statements, and I have no knowledge of them,” pointing out that “Al-Kazemi faces great and grave challenges, most notably resolving the issue of fugitive weapons, corruption, and a good choice of personalities suitable for positions.”

More news….

THE MINISTER OF FINANCE STRESSES THE NECESSITY OF REVIEWING THE EXCHANGE RATE OF THE DINAR AND REVEALS THE SIZE OF THE EXTERNAL DEBT

The Minister of Finance, Ali Allawi, revealed today, Tuesday, the size of the external debts owed by Iraq, while confirming that carrying out concrete economic reforms needs 5 years by finding new alternatives for revenues, during his hosting of the House of Representatives today.

Full article below in the articles section.

More news…

ECONOMIST: LARGE UNTAPPED RESOURCES COULD BE AN ALTERNATIVE TO OIL IN THE BUDGET

Economic expert Wissam Al-Tamimi explained that many resources are still untapped and that they can be used as an alternative to oil in maximizing budget resources and achieving great benefit for the people and eliminating unemployment as well.

Al-Tamimi told "the information", "Thousands of lands are located on the outskirts of cities that can be divided up and sold in installments to citizens, in order to achieve large revenues and contribute to eliminating the housing crisis, reducing high real estate prices and eliminating unemployment through the employment of many specialists in the field of construction."

He added that "a lot of agricultural lands are neglected and it is possible to exploit them and put them for investment in order to revive them again and benefit from the sums of the crop and export the properties from it abroad, and allocate part of that land as fields of poultry, sheep and fish."

And that "international road construction projects may be expensive, but they generate great profits through a connection." Iraq , in Europe, and collecting fees from countries that want to obtain their goods through Iraq , and thus it is another resource that contributes to reducing the financial crisis and supplying the budget with the sums they need.

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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

PARLIAMENTARY FINANCE: PARLIAMENT REJECTED THE FINANCE MINISTER'S JUSTIFICATIONS REGARDING THE REFORM PAPER

A member of the Parliamentary Finance Committee revealed, on Tuesday, that the parliament rejected the finance minister's justifications about the reform paper, indicating that the government should set the correct paths to lead the reform process.

Cougar said in a televised statement followed by Al-Akhbariya, "The finance minister’s justifications about the reform paper were rejected by Parliament, and that the minister stressed during his hosting that the government is unable to present the reform paper."

He added, "The government should set the right paths to lead the reform process, and we have not seen anything tangible from the government about the government reform paper."

"The blame does not fall on the government only, but there are political differences that have affected the current reality, and that the state's resources are limited and the government must provide appropriate revenues to secure the salaries of employees," he said.

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THE SIZE OF THE IRAQI MONETARY BLOCK IS 80 TRILLION DINARS

A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, spoke on Tuesday, September 8, 2020, about a number of reasons that led to a crisis that faced the government when it decided to borrow from banks in the country, while revealing the size of the monetary mass in Iraq and the volume of its trader A member of Hama Rashid said, in a press statement, that "the Iraqi citizen's lack of confidence in the banking system is due to many reasons, the most prominent of which is the lack of credibility in the infrastructure of banking systems of all kinds on the part of the Iraqis, although Iraq has 86 governmental and private banks Hama Rashid added,

"This means that these banks could not participate in building the economic infrastructure due to the poor banking system and the failure of these banks to fulfill their obligations towards the Iraqis, and that Iraq still lacks legal legislation guaranteeing deposits in banks despite the submission of a draft of this."

Law since the previous parliamentary session 2014-2018 and about the size of the monetary block in Iraqi dinars, Rashid revealed, "Iraq has a printed cash block issued by the Central Bank estimated at 80 trillion Iraqi dinars, with a circulation volume ranging from 38 to 40 trillion dinars, but less than half of the last number is found in government banks.

And eligibility, and the rest is stored with merchants and families in their homes, which led to the government facing a crisis in borrowing from banks .because of Iraq’s reliance so far on the circulation of paper currency without relying on electronic trading and credit cards.

Iraq witnessed a large cash liquidity crisis following the decline in global oil prices due to the Corona virus pandemic, which led to difficulties the government faced in providing Iraqi cash to meet the requirements of public employees' salaries and operating expenses.

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Iraq.. A promising investment zone in the Middle East

Experts and specialists for economic affairs, Iraq is a promising investment area in the Middle East, due to the variety of investment opportunities and increased profits compared to other countries, pointing out that there is a great desire for international companies, especially advanced to invest in Iraq in many areas, such as industry, housing, agriculture, transportation, roads, health and education. "Security stability is at the forefront of investment factors, as capital is looking for a secure and stable environment, a sophisticated banking system and a law that encourages investment away from blackmail, bureaucracy, red tape and corruption," said economist Bassem Antoine in a statement to Al-Sabah.

Apply one window

"The single window of investment must be applied to eliminate the excess links in the granting of investment permits," he said, adding that "Iraq's environment is still repellent, unattractive to investment and is running as the water runs in the knocking pots."

"The investor prefers to invest in other countries, even if they have a lower profit, given the security and stability and there are no challenges and complications, even though Iraq is the best investment area in the Middle East, where the investor makes big profits," he said.

The desire of global companies

He continued: "Therefore, we note a great desire of the companies of neighboring countries and European and American countries to work in Iraq, because the profit rate of investment in it is high, and there are a wide and varied investment opportunities in Iraq, including in the field of housing, where Iraq needs to build more than 3.5 million housing units through investment."

"The industrial sector is about 50,000 to 60,000 projects that need partners or investment, and opportunities in the agricultural sector are about 25 million dunums, as well as transport, roads, health, education, etc," he said.

Banking and legal environment

"The prime minister's shuttle tours to the Gulf after America, Jordan and Iran to attract investment companies to work in Iraq, but these need to create a banking and legal environment and a sophisticated money system to deposit the withdrawal of funds," he said.

"IRAQ TODAY HAS BECOME THE FOCUS OF ATTENTION FROM DEVELOPED WORLD COUNTRIES SUCH AS THE UNITED STATES, FRANCE AND OTHERS, due to the availability of investment opportunities in various sectors," said Strategist Essam al-Vili.

Investment in the energy sector

"THERE IS A GREAT DESIRE FOR INTERNATIONAL COMPANIES TO INVEST IN IRAQ, especially in the field of electric power as well as housing," he said.

"There are also investment opportunities in the oil sector, and Iraq can make big agreements with advanced companies to invest in this area," he said, adding that IRAQ HAS A GREAT OPPORTUNITY TO EXPLOIT THE DESIRE OF COUNTRIES TO WORK AND ECONOMIC COOPERATION WITH IT, which was noted during the prime minister's foreign visits, where there is a great desire for international companies to work in the Iraqi market.

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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. That they may listen to the Holy Spirit for guidance in fighting this war on us.

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 or politics they are.

To end the corona virus “man-made crisis” and to awaken people everywhere of the dark side and the tools it will use to gain power and control.

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”

P.S. (Please if you can – say the rosary every day. You can do it while you take your daily run or walk. You can do while you lie in bed in the morning or nighttime before sleep. You don’t even need a set of rosary beads as you can use your ten fingers ...lol..lol..lol… )

Auf Wiedersehen

Much love to ya all,

Mnt Goat