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Mnt Goat's News Brief & The Beg-A-Thon Continues! 10/8/20 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Mnt Goat's News Brief & The Beg-A-Thon Continues! 10/8/20

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Mnt Goat's News Brief & The Beg-A-Thon Continues! 10/8/20 Empty Mnt Goat's News Brief & The Beg-A-Thon Continues! 10/8/20

Post by RamblerNash on Fri Oct 09, 2020 9:29 pm

Hi Everyone,

I bring you much news today.  

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below.

https:// paypal.me/ MntGoatNewsletter?locale.x=en_US

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….

WOW! Lots of good news this period.

So, from my last newsletter many comments show me that some of you people still don’t get the RV. So, let me hold your hand as I would with a baby and explain it to you one more time. This is what you want me to do. Knock, knock I am banging on your head so you can awaken and listen to me this time. Take the scales from our eyes and open your ears. Are you going to listen to me this time?

I am going to use an example to make it easy to understand. I am assuming in my example that a 50,000 dinar note is worth $50 which is just about the value today rounded up.

So, right now a 50,000 dinar note is worth about $50. Right? Any argument so far?

So after the project to delete the zeros  a 50 dinar note (just dropped the 3 zeros) would be also worth……..drum roll please….. $50..hurra,,,hurra. You got it. But does this then make the dinar equal to a dollar? Not yet, so hold  on. This is where most get lost in the process.

This is the transition  phase. The value is exactly the same. Get it? No one gets rich in Iraq. They then have a transitional period to turn over the old notes for the newer ones before they become obsolete. This takes care of the 40 trillion in dinars still under the mattresses. Get it. The CBI will never get all these notes. It is important these notes do not get a crazy valuation since they can be money laundered to Iran to support terrorism. This has been one of the major obstacles in completing the project to delete the zeros.

Hey what about the notes we hold?

If Iraqis could all get rich off this project to delete the zeros, they would simply never conduct the project to delete the zeros. But these notes stuffed under the mattresses really don’t matter much anyhow. Yes, some will slide through the cracks and eventually make to the west for exchange and the money used for nefarious purposes. But they are looking at the best scenario. So this is one reason why guru Kaperoni is full of bullshit when he talks about this 40 trillion holding up the RV.

So, the real RV comes later when they go to reinstate the dinar on FOREX. By then either these larger notes are turned in or “so sorry” you missed the deadline. Remember I said there will be a lag in time, maybe 3 days, 3 weeks or even months prior to the reinstatement phase. This the time to watch for hyper-inflation and get these larger notes turned in. Get it? The CBI has talked about these notes stuffed under the mattresses many times and they have a pretty good estimate as to how much.

Smuggling these larger notes out of Iraq becomes a problem. But this is in Iraq. This is why closing the borders down is important too while this is all happening. Can’t be smuggling these notes out. This is why us investors, in the USA, are only going to have a limited time period also to turn in our notes or they will be obsoleted too just like in Iraq.

So, these stashes of notes in Iraq don’t matter since IN IRAQ, let me say it again, IN IRAQ, these stashes of notes will be worth exactly the same today post- project to delete the zeros as yesterday pre-project to delete the zeros. Get it? But there is not RV yet. Forget about some RV. This is the confusion. They are still in the project to delete the zeros phase of the project. Are you still with me?

No change in VALUE yet..right. Any arguments?

So I dispelled the theory that the CBI must collect all of these stashes of 40 trillion dinars throughout Iraq. Let’s move on to the next obstacle.

So for now forget the rate. We are talking about the project to delete the zeros not some RV. We are not so concerned about any rate yet.

What about all the bank accounts?

Oh, another obstacle? They too will be adjusted. So, if you have 50, 000 dinars in an account it will be adjusted to 50. Get it? They will delete the zeros across the board. This is the challenge of the CBI to get the banks to cooperate and not f_ck it up when they decide to compete the project to delete the zeros. Yes, banks could easily be corrupt and not delete the zeros in the accounts and they might make billions. So, this has to be monitored very, very closely. So when the CBI talks about the needed “security” this situation with the banks in included.

The next stage to the process, as I have explained over and over again, is to move to reinstate and put the dinar on a FLOAT. Remember still no RV yet.

They plan to halt all currency auctions for a specified period during this transition time. They might never start the auctions up again.

To do this they plan to get it off the “de facto” peg to the USD and put it on a peg to a basket of 5 currencies. So, tell me how can the rate stay at .00085  when they do this?

It is not possible.  Get it Kaperoni? It is not possible?

How can they begin the float at .00085 as Kaperoni says? It does not make any sense. Kaperoni (and others) just don’t know the process. Stop saying RV, oh I hate that term. I really do! There is no RV and never will be. Get it?

I use the term very loosely only because you are familiar with it. The reality is there will NEVER be a revaluation only a reinstatement and moving to the FLOAT and off the “de-facto” peg will bring a new rate.

The dinar is going to get REINSTATED. Get it. By using this term RV we are under the impression of some miraculous revaluation within Iraq is going to happen. It is not. Using this term only confuses everyone and it shows on these intel calls with all these questions. This guy TNT Tony and Bruce really don’t understand the process. No one is going to line up at the banks in Iraq to exchange and there is not going to be any celebrations in Iraq for any RV.

So now that we got that settled. There is no RV within Iraq going to happen.   The CBI simply FREEZES the value (not the rate) of the notes & halts the currency auctions as the transition or crossover period occurs.

They are only going to delete the zeros in Iraq, then the next phase it to put it on a float with a rate coinciding to the value of the other 4 currencies in the IMF basket, the IQD being the 5th in the basket. It is through the FLOAT that the rate will rise. It will only rise when traders get in and buy it up on the international trading platforms. But did I say the rate will start at .00085? NO! I did not since the rate will be determined by the basket of currencies.

Did you see an RV anywhere in my explanation? No, you read about a reinstatement at a new adjusted rate based on the other 4 currencies in the basket. 

So, what will be the initial FLOAT rate upon reinstatement?

One thing for sure is the CBI is NOT going to just take the .00085 rate and use it and float it. How can they possibly do this?

 The “de facto” peg it gone already by now and there is no rate to use. The auctions too have stopped. Get it? You can no longer apply the “de facto” rate to the newer lower denominations. Thus, if you did the newer 50 notes would be totally worthless. Get it? So, they have to use value not rate and so the crossover value of a 50,000 note is the same $50 USD applied to the newer 50 dinar note that replaces the 50,000 note. It is just deleting the zeros and nothing more at this point.

Right now if you are thinking about truncating the zeros on the notes you hold in the USA, Canada, EU or UK,,, stop it!  Stop this illogical thinking and just read what I am telling you. I will address the rate of your dinars later.

If a 50 dinar note is worth $50 dollars but this won’t be under the “de facto” peg since this peg will be gone at this time of transition. So then what is it worth under the new peg or under the new asset backed system that calculates the new rate under the basket of currencies?

We just don’t know that new rate yet and so stop guessing. It is like comparing apples to oranges. We do see, however, rates at the banks of pending reinstatement of the dinar at a rate of around $3.60 - $4.25 and up. So, this is probably going to be around the initial rate after the new peg to the basket. From there, the free market will drive it up or down accordingly. But in the long run it will probably stabilize around $3.60ish which is close to the Kuwaiti dinar.

So, I am getting very sick and tired of these gurus giving their OPINION. I am telling you the process. There is NO opinion here. You just need to stop listening to their nonsense and start listening to the actual process as spelled out by the CBI in 2011.

The dinars you hold in the USA, Canada, UK and EU will be based on the rate for your country when you go exchange them.

Why aren’t they deleting the zeros on the notes we investors hold?

The fact they are NOT deleting the zeros on your notes you hold is because you are acting like bankers. Remember I told you these larger 3 zero notes are going to still be used in the background by the banks for inter-banking international transfers of cash from Iraq in dinars and for very large cash transaction within Iraq. However, they are not intended to be in the hands of the average citizen (now you know why). So, we as investor holders of these notes are NOT going to follow the rules within Iraq. Why would we? Get it? Our dinars are safe of any deletion of the zeros. Exec order 13303 protects us too as investors.

The last part of the process:

Remember also there are treaties between Iraq and the US Treasury to collect our dinars (upon our exchange in the US) and use them for oil credits as a “fixed price” for a barrel of oil. I have heard about $32 a barrel. I know there is also a contract with China to buy some of this oil so our rate with the bankers on our exchanges could have some variations and we can negotiate our rate. Remember the cap for the banks is $32 so they are not going to give us anything over that amount. First the banks have their spread then the US Treasury has theirs and then they have to sell these credits and so another spread. Everyone will have their hands out to make money as it is multi-layered as the collected oil credits pass hands. But nothing begins unless we exchange our dinars and so we are the hinge-pin to this last part of the process. I am not that familiar with what will happen in the other countries but I do not think they have contracts with China or any other country for the dinar. You will thus get probably the flat market rate (for your country) and have no leverage for negotiations.

So, this is the last time I am going to explain the process. If you want further clarification please refer to my FB Notes sections where there is a ton of information on this process as well as other topics.

https://www.facebook.com/Latest-Mnt-Goat-News.../notes/...

More news….

THE HEADQUARTERS OF THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT

SW / AW / Reuters

Today, Wednesday, the governors of the European Bank for Reconstruction and Development approved Iraq’s request to become a shareholder in the bank.

The request was approved during the annual meeting of the bank, which was held in a virtual session due to the outbreak of the Coronavirus.

The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank that uses investment as a tool to help build market economies and was founded in 1991.

More news….

AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING

The al-Kazemi government succeeded in convincing quite a few of the European union countries of the seriousness of their endeavors and their insistence on distancing Iraq from the policy of the axes, fighting corruption, and combating money laundering, and as a result of these European countries ’conviction with these efforts, and the Iraqi governmental steps that have been taken in this field, the European union has prepared a resolution whereby Iraq will be removed from the list of high risk countries in the field of money laundering.

More news….

A PARLIAMENTARY SESSION THAT WILL BE HELD NEXT SATURDAY TO RESOLVE THE COMPLETION OF THE ELECTORAL LAW

Ayna News _ Baghdad

A member of the Parliamentary Legal Committee, Bahar Mahmoud, saw, on Wednesday, that the attention of millions in Iraq is heading towards a parliamentary session that will be held next Saturday to resolve the completion of the electoral districts file.

Mahmoud said in a statement to “Where News /”, “The appendix to the parliamentary election law has been completed for some time, and the legal committee is waiting for the consensus of the political forces in order to put it to vote.”

She added that “political differences over the mechanism of dividing the circles and the failure of the blocs to reach a compromise formula around it prevent the passage of law.”

(Mnt Goat – sure these blocks don’t want the electoral law because it limits their power in the elections and put the vote directly in the hands of the people. Is this not a democracy then?)

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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

A MEMBER OF THE FINANCE COMMITTEE REVEALS IN NUMBERS THE EXTENT OF FINANCIAL CORRUPTION IN THE CURRENCY AUCTION AND BORDER CROSSINGS

A member of the Parliamentary Finance Committee, Muhammad Sahib Al-Darraji, revealed, on Tuesday, the extent of FINANCIAL CORRUPTION IN THE CURRENCY AUCTION and border crossings in numbers, while the Prime Minister called for personal intervention in the Ministry of Finance's management of the country's resources.

Al-Darraji said: "FINANCIAL CORRUPTION IN THE BORDER CROSSINGS HAS REACHED 27 BILLION DOLLARS SINCE THE BEGINNING OF THIS YEAR until now, while the size of financial corruption in the currency auction has reached 495 million dollars."

He added that "the volume of corruption according to these figures is very large," explaining that "THE REMAINDER OF THE RESERVES OF THE CENTRAL BANK OF IRAQ IS LESS THAN 60 BILLION DOLLARS AND THE ISSUE HAS BECOME VERY CRITICAL, especially with the continuing corruption of the currency auction in millions of dollars."

Al-Darraji called on Prime Minister Mustafa Al-Kazemi to "personally intervene in the administration of the Ministry of Finance to solve corruption, as well as resolve the intractable salary crisis and end the Finance Minister's bargaining over imposing borrowing."

(Mnt Goat – so much emphasis over the corruption with the currency auctions. We know they must end these auctions to be successful in the process to delete the zeros from the currency.)

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

AN ECONOMIC EXPERT EXPECTS THAT THE NEXT BUDGET WILL BE IN ACCORDANCE WITH DEVELOPMENT PROGRAMS, AND IRAQ MAY ENTER A PERIOD OF LEAN YEARS

The economic expert, Salam Sumaisem, expected that the next budget will be in accordance with development programs and may enter Iraq during the lean period of years, and while she pointed out that salaries are the right of employees, the government must pay every 30 days in exchange for what employees provide, she criticized the idea of paying salaries every 45 days, given that During the year the employee will receive only 10 salaries.

Sumaisem said in statements that "the previous government used to spend money and spend it for five months without oversight, records, or budget," stressing that "the transitional government is obligated to present the 2021 budget, especially with the Ministry of Finance's insistence not to spend without borrowing and Parliament refuses to borrow without reform." .

And considered that "the employee has become a victim of the government and parliament’s conflict in light of the idea of borrowing in order to pay salaries, which is illogical, because there is poor financial management and reluctance to exploit other resources."

Sumaisem revealed that "annual employee salaries amounting to about $ 43 billion, and the drop in oil prices and the reduction in production led to an economic disaster," indicating that "dependence on oil during the 17 years that killed other sectors and the search for alternative resources for oil has become a necessity to save Iraq from bankruptcy, as for deduction." 30 percent of employees ’salaries is very possible.

Sumaisem added that "the allocations for regular grades in the General Secretariat of the Council of Ministers amount to 200%," stressing that "bankruptcy is not included due to the international links to Iraq, but she pointed out that the next budget will be according to development programs and Iraq will enter during the lean years."

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

THE DEMOCRAT: THE REGION DELIVERED ALL WHAT BAGHDAD REQUESTED AND IS WAITING FOR POSITIVE STEPS TO IMPLEMENT ARTICLE 140

The Kurdistan Democratic Party announced, on Tuesday, the delivery of all numbers and data requested by the federal government regarding the number of employees, oil contracts, their nature, and the contracting companies.

A spokesman for the parliamentary party bloc, Aram Muhammad, said, “The Kurdistan Regional Government has delivered all the numbers and data requested by the federal government, whether related to the number of employees, oil contracts, their nature and the companies contracting with them.” .

He added, “The basis for Iraq’s stability is resolving differences between the center and the region, and its impact will be positive for the people from Basra to the region.”

Muhammad indicated, “There are parties [he did not name] trying to obstruct the agreement, in return, other parties contribute in their role to reach a solution that satisfies all parties.”

He explained, “There are complex files, whether in the oil file, Article 140, the Peshmerga and the region’s share of the budget, but in most of these files we have taken good steps towards a solution.”

Aram concluded his statement by saying, “The successive political and health crises over the past two years may have prevented the achievement of concrete results on the ground, but despite this there are productive steps.”

The head of the Iraqi coalition, Mr. Ammar al-Hakim, said during his meeting with the Emir of the Islamic Group in Kurdistan, Sheikh Ali Babir and his accompanying delegation, that dialogue and concessions are in the public interest and that everyone has a culture of compromise and meeting in the middle is sufficient to find a solution to the outstanding problems.

(Mnt Goat – hey TNT Tony and Big Stupid Call Bruce idiots, I thought you said article 140 was all done?...lol..lol..lol.. Remember to go forward with any reinstatement of the Iraqi currency the main requirement is that the Iraqi constitution must be FULLY implemented which means the stated REFERENDUM for article 140 must be written, signed off by all parties and implemented. So why do we always hear news about this Article 140 then when we hear news about the CBI going forward with the project to delete the zeros? Coincidental? I think not!)

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

UNDER AL-KAZEMI'S DIRECTIVES, THE FINANCIAL SYSTEM RELEASES THE SALARIES OF EMPLOYEES AND FINALIZES THE "WHITE PAPER" FOR ECONOMIC REFORM

Based on the directives of the Council of Ministers, Mustafa Al-Kazemi .. The Ministry of Finance announced the launch of employees ’salaries, starting tomorrow, Wednesday

Finance said in a statement that it looks forward to cooperating with the House of Representatives and the relevant authorities in order to develop quick solutions to address the current economic and financial crisis, noting at the same time that the financial pressure in the country will continue in the foreseeable future.

The statement indicated that Iraq is facing an economic emergency that will be bypassed by national unity and cooperation between all parties, indicating that the task force led by the ministry has completed the "white paper" for economic reform, and is about to finalize the balance of two thousand twenty-one thousand and twenty-three.

The statement added that the Ministry of Finance is confident that the process of reform and change will lead to a more robust economy and contribute to raising the people's living standards.

(Mnt Goat – Yes Iraq, let’s just do it as we are sick and tired already of hearing about this White Paper. Just do it and show us the results….lol..lol..lol…)

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

PARLIAMENTARY FINANCE EXPOSES THE DIFFICULTIES OF EXTERNAL BORROWING TO SOLVE THE ECONOMIC CRISIS

The Parliamentary Finance Committee revealed the most important problems of external borrowing as a solution to overcome the financial crisis in the country.

The committee confirmed in a statement that borrowing from international banks, including the International Monetary Fund, involves many administrative and financial measures, as granting financial loans by the Monetary Fund or the World BANK DEPENDS ON THE RATE OF ECONOMIC GROWTH, whether it is limited or stopped, in addition to the existence of conditions restricting the state's spending in the files of appointments and sponsorships, but the talk that the conditions affect national sovereignty is incorrect, indicating that the repercussions of the Corona epidemic have led many countries to reservations about granting loans BECAUSE OF THE LACK OF CLARITY OF THE FUTURE VISION OF THE GLOBAL ECONOMY.

(Mnt Goat – So now we have the FACTS from the mouth of the Finance Committee as to why Iraq can not borrow externally from the international community. Any questions? So not more made up stories or lies from all you gurus. Let’s stick to the FACTS.)

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

AL-KAZEMI: IRAQ IS GOING THROUGH A BAD FINANCIAL SITUATION ... AND IT REVEALS THE REASON

The Prime Minister, Mustafa Al-Kazemi, attributed the reasons for the deterioration of the financial conditions in the country to the WIDESPREAD CORRUPTION IN THE JOINTS OF THE IRAQI STATE DURING THE PAST YEARS.

During his meeting with the Emir of the Kurdistan Islamic Group, Ali Babir, and his accompanying delegation yesterday, according to a statement announced by the media office of the latter, who told Kazemi: "You bear heavy responsibilities and burdens on your shoulders in a difficult stage, and we hope that you will be succeeded by what serves the components in Iraq without discrimination."

The statement added, "The Emir of the Islamic Group called on Al-Kazemi to expedite the disbursement of the sums allocated to finance the salaries of employees in the Kurdistan Region, and that circumstances and political conflicts not cause them to be postponed."

According to the statement, Al-Kazemi "pledged to pay farmers in the Kurdistan Region in stages."

The statement quoted Al-Kazemi as saying that "Iraq is going through a bad financial situation as a result of widespread corruption in recent years," adding, "We are responsible for reform, and we have put steps towards this goal, and we seek to look at all citizens with one eye."

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

Deputy calls for opening a "file" of private banks and revealing the names of politicians "plundering the wealth of Iraq."

A member of the Parliamentary Economic and Investment Committee, Abdul Salam Al-Maliki, called, on Wednesday, for the Anti-Corruption Committee, which was recently formed by Prime Minister Mustafa Al-Kazemi, to open the file of private banks and the nature of their work, and to reveal the names of politicians, who said that they "plunder the wealth of Iraq in legitimate ways."

Al-Maliki said in a statement that Alsumaria News received a copy of, that "the banking business in Iraq It is still stagnating in place compared to other banks in other countries of the world, and MOST OF THE PRIVATE BANKS HAVE TURNED TO PLACES TO DRAIN HARD CURRENCY INSTEAD OF PRESERVING IT OR CONTRIBUTE TO RECONSTRUCTION AND INVESTMENT, not to mention that SOME OF THESE BANKS ARE FRONTS FOR ISIS AND TERRORIST FORCES DEAL WITH THEM IN TRANSFERRING MONEY INSIDE AND OUTSIDE IRAQ", Indicating that" the financial crisis that the country is experiencing and what was accompanied by the delay in paying the salaries of the employees are all related, directly or indirectly, to the delay in banking work, which is the jurisdiction of the Central Bank of Iraq.

He added, "The Central Bank of Iraq has spoken on many occasions about procedures that will be followed to regulate the work of banks, but without any application on the ground until the moment," pointing out that "MOST OF THE PRIVATE BANKS HAVE BECOME A BURDEN ON THE FINANCIAL SECTOR IRAQ. Because of the chaos in it, it has turned into one of the doors of CURRENCY DEPLETION AND CORRUPTION.

Al-Maliki called on the Anti-Corruption Committee to“ open the file of private banks and the nature of their work, reveal the political or partisan parties behind them and ANNOUNCE THE NAMES OF POLITICIANS OR BANK OWNERS WHO PLUNDER THEIR WEALTH IRAQ. "Legitimate ways under different headings, in order to end the depletion of the currency and put in place plans and laws that regulate the work of private banks, away from the partisan moods of the mafias of corruption.

Al-Maliki added that he had previously addressed a parliamentary question to the Central Bank regarding “its procedures in dealing with the state of confusion with the work of private banks. The bank has promised to take measures to address the matter, which has not been achieved. Involved in it. "

(Mnt Goat – Go get’em!!! ….. lol..lol..lol.. Just like in the USA too there are files of names for the inditements that will come out shortly after the elections on Nov 3rd. Heads are going to roll.)

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

AL-DARRAJI: THE SIZE OF FINANCIAL CORRUPTION IN THE CURRENCY AUCTION THIS YEAR AMOUNTED TO $ 495 MILLION

A member of the Parliamentary Finance Committee, Muhammad Sahib Al-Darraji, said that financial CORRUPTION AT THE BORDER CROSSINGS HAS REACHED 27 BILLION DOLLARS SINCE THE BEGINNING OF THIS YEAR and until now, while noting that the SIZE OF FINANCIAL CORRUPTION IN THE CURRENCY AUCTION HAS REACHED ONLY 495 MILLION DOLLARS.

Al-Darraji warned of the seriousness of the economic situation with the arrival of the reserves of the Central Bank of Iraq to less than 60 billion dollars with the continued corruption of the currency auction in millions of dollars.

Prime Minister Mustafa Al-Kazemi demanded that he personally intervene in the administration of the Ministry of Finance to end corruption and bargain with the Minister of Finance on imposing borrowing.

(Mnt Goat – This figure is not accurate as they told us this is much, much higher in previous articles in previous times. Oh – maybe they have worked on the corruption to limit it for 2020? This is good if this is really the case. )

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

AL-KAZEMI GOVERNMENT SUCCEEDS IN CONVINCING THE EUROPEAN UNION TO REMOVE IRAQ FROM THE LIST OF HIGH-RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING

The Al-Kazemi government SUCCEEDED IN CONVINCING QUITE A FEW OF THE EUROPEAN UNION COUNTRIES OF THE SERIOUSNESS OF THEIR ENDEAVORS AND THEIR INSISTENCE ON DISTANCING IRAQ FROM THE POLICY OF THE AXES, FIGHTING CORRUPTION, AND COMBATING MONEY LAUNDERING, and as a result of these European countries ’conviction with these efforts, and the Iraqi governmental steps that have been taken in this field, The EUROPEAN UNION HAS PREPARED A RESOLUTION WHEREBY IRAQ WILL BE REMOVED FROM THE LIST OF HIGH RISK COUNTRIES IN THE FIELD OF MONEY LAUNDERING.

This came in a meeting that Iraqi Foreign Minister Fouad Hussein brought together, on Wednesday, with the ambassadors of the European Union countries, where the STEPS TAKEN BY THE IRAQI GOVERNMENT TO OVERCOME OBSTACLES TO THE WORK OF EUROPEAN ORGANIZATIONS in Baghdad were discussed, while the European Union ambassador ANNOUNCED THAT STEPS WOULD BE TAKEN TO RAISE THE NAME OF IRAQ FROM LIST OF HIGH RISK COUNTRIES.

The Foreign Ministry said that the Iraqi minister held a meeting with the ambassadors of the European Union in Iraq, during which he reviewed the efforts of the Iraqi government in the field of securing missions and organizing their work in Iraq, expressing Iraq’s aspiration to activate cooperation relations in light of the Cooperation and Partnership Agreement concluded with the European Union countries.

The statement added, as they discussed the situation of European non-governmental organizations in Iraq, and the need to overcome obstacles that hinder their work. The measures taken by the European Union in the field of facilitating the work of Iraqi airlines were discussed during the meeting.

The minister promised to overcome all difficulties and obstacles in various fields.

For his part, the European Union ambassador, who was present at the meeting, stated that a number of steps have been taken to overcome technical obstacles in cooperation with the Central Bank of Iraq regarding removing Iraq from the list of high-risk countries in the field of terrorist financing and money laundering.

On Wednesday, Foreign Minister Fouad Hussein confirmed to the representative of the Secretary-General of the United Nations and the head of the UNAMI mission in Iraq, Jeanine Plasschaert, that the Iraqi government has made great efforts to establish security in the Green Zone and the airport.

(Mnt Goat – This timing is perfect as they told us mid-October this might be finalized. So, I am told the US is next and may relieve Iraq from OFAC monetary sanctions as a result. Remember it is OFAC Sanctions that is limiting us from exchanging at the banks. Let’s wait and see what happens next.)

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

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 is working in the battle against the corruption of Iran in Iraq, the corruption of the democrat party in the USA and the corruption of the labor party in the UK. Yes, your prayers ARE WORKING. God has guided these patriotic men and women on this new battle field. It is a battle for the mind filled with propaganda and lies. He has guided the honest, patriots of Iraq, the USA and the UK to fight for their homeland.

So, this new war now on our citizens is underway. 3 corrupt countries, 3 heroic men and 3 miracles. God’s Hand At Work!

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. It is a battle against this crooked idealism of globalization and a One World Government of enslavement.

We must keep praying for the end to the rapid corruption and enslavement of people. 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
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