DINARESGURUS.BLOGSPOT.COM_________

Monday, November 21, 2016

MNT. GOAT UPDATE, 21 NOV

November 21, 2016 Mnt Goat News Brief

Hi Everyone,

Happy Thanksgiving season to all in USA!

I bring you much very, very news today. In fact some if it is WOW! news.   

On Friday, 11/18  Iraqi Prime Minister Haider al-Abadi, reached out by telephone with US President-elect Donald Trump, to talk about developments in the battle of Mosul and the war against Daesh, and broaden the relationship between the two countries.(even though Trump had an anti-war stand with Iraq I am sure he is smart enough to see the potential and advantages of American companies setting up shop in Iraq and profits that can be made)
 

Before we get to the latest articles I want clear up two very important points.


First- I got off a call last night and actually heard someone fear mongering people about Trump maybe rescinding the presidential executive order 13303, which in part authorizes USA to possess the Iraq 3 zero notes, so he said. He actually also told people that if the order was rescinded they would have to take their dinar and travel to Iraq or another foreign middle east country, to exchange. Really? They would then wire back the money to their country of origin. American banks would not accept the dinar without 13303 in place. Really?  
 
So now let me give everyone reading this news letter today much comfort in knowing just how wrong these statements were from this call. This person should be ashamed and barred from having calls.
 
So Trump is going to rescind ALL executive orders just like that? Really? His campaign promise was to review the execute orders and decide what to do. Do you think he is that dumb to just wipe out all these execute laws just like that?  Don’t you think he is going to have advisers first explain each of them to him first and then decide what to do? So if you know anything about Exec Order 13303 you know just how much this so called “intel guru” is dead wrong. So relax and be smart. It is not going anywhere and is here to stay until it is renewed again in May 2017, if needed. Besides what difference does it make once the currency goes international anyhow? Full sanctions are then lifted. Oh – gee, Mr Guru,,,,you didn’t think about that did you?

Executive Order 13303 was issued on May 20, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund.

Second – I encourage everyone to please, please stay away from the Iranian Rial. I know for certain there is a strong propaganda campaign machine active in the USA and on the dinar investor sites to brainwash citizens, especially to the dinar RV news channels. They send phony articles talking about all the financial reforms Iran is undertaking and how they are following in the footsteps of Iraq. Really? Reforms? Seriously is this what you think is happening in Iran?

Do you know that the IMF met with them along with the World Bank and asked for a full disclosure and transparency of all banking and financial undertakings. They refused to give them anything because they can’t and do you know why? Iran has been funneling billions towards financing terrorism. They would expose their entire network of terrorism if they did.

So the IMF basically told them they would be back in June 2017 and if they can’t produce what they need then, Iran will be given penalties. I can guess these penalties would start with a 5 year  moratorium on their currency, basically telling them it will go nowhere during this period and they will not assist them in any way.

Folks they did this too to Iraq in 2012 when Maliki decided to play games with the governor of the Central Bank. At that time Iraq had the go-ahead to move forward on currency reform project. Do you remember this? Many do not know about this and this is why all the everyday/ any day RV stuff was just so silly then. I knew otherwise and so I am warning you again about purchasing Iranian Rial. The same will happen. It will be at least 5-6 years, if even then, that the currency will go back to normal.

Many of you do not know this fact but if you dig you can find the truth. It may be after the fact but the truth always comes out eventually. Folks the Rial is going nowhere real fast. Read my lips – NO WHERE! Get it?  The money you spend on the Rial is pushing US dollars to fund global terrorists organizations. This is “blood” money. Opps- did I tell you that the USA congress just also voted on 10 year sanctions for Iran based on their desire not to abide by the Nuclear Arms treaty mandates and the IMF.
 
So exactly what are all these “great” articles we are seeing about Iran and it’s reforms. How can this be true? Folks all I can say is you should be able to see what they are doing with their propaganda machine AND they are good at it too. Just read the articles about Iranian financial reforms. They are following almost identical to what Iraq has done, just a slight lag in the news delivery. They are obviously copying the Iraq reform process, as you suckers read the articles and buy the Rial expecting they are going to follow Iraq with an RV in the future. I can tell you they are NOT! NOT, NOT, NOT! These are only propaganda articles and NONE of these reforms are being addressed in Iran to any real effort. I can not make it any clearer.

o let’s take just a few of the recent articles and compare them to the FACTS. I will list the headlines for you:

·       November 21, 2016 Budget Bill in Majlis by Early December (IRAN) (Oh- does this sound familiar. Iraqi budget is expected to be voted on 11/26. Coincidental?)

·       Lloyd's of London Eying Iran Insurance Opportunities (Iraq did exactly the same with Lloyds of London just a few months ago. Article talks about the the removal of international banking restrictions in January, really? I don’t think so!)

·       No Need to Revamp Iranian Bank Rules  (really? That’s not what the IMF and World Bank saidA new wave of bank rules known as Basel III is due to be finalized in January and come into force in 2019 after years of hard fought negotiations)

·       Ebadi receives a formal invitation to visit Iran (How nice! Seems they are going sing Kum Bi Ya together too?  This visit is not about trade deals. It is all about Abadi telling Iran to stop supporting terrorists and to get his Iranian militias the hell out of his country or else! Nothing to do about trade deals or currency value…get it?)

·       OPEC official, Iran minister to meet (oh let me guess. Iran is going to ramp up oil production and get rich, thus the value of their Rial is going to shyrocket…really is this what you believe. Do you know that under the current tight sanctions they are under they can only export enough oil to feed the people and keep some government services running. OPEC will have no say in increasing oil production for Iran now or anytime in the near future. The US blockage will simply not let the full oil barges pass. Funny how just days prior an article came out talking about how Iraq is not going to limit oil production to OPEC guidelines to drive prices up. It can’t with budgetary deficit constraints and oil being 90% of revenues)
 

NO Rumors, NO Hype, just the FACTS!
 

Articles Begin

 
All MENA countries, except Syria, have obtained IMF Article VIII status
MENA ( Middle East And North Africa ) countries have been following this trend. In particular, all the MENA countries except Syria have obtained IMF Article VIII status, indicating that they have removed restrictions on payments and transfers relating to current transactions, including repatriation of profits. (the IMF told us over 6 months ago that Iraq would have all restrictions removed by the end of 2016, early 2017. Well….here it is in black and white…What more do you want….lol…lol WOW! They are heading towards the “project to delete the zeros” and we DO NOT see any news telling us it is going to be delayed this time)

The Recommendations of the MENA-OECD Investment Programme‟s Working Groups referred to above ask to liberalise “existing restrictions to repatriation of capital, establish timely and unrestricted transfers of the proceeds of the investment and guarantee for the repatriation of the capital when the investment is terminated”. (investors need to be able to take their profits or proceeds out of the country once realized. Also when they terminate their business in Iraq they need to be able to take their capital investment with them. Does the Investment law sound familiar?)

Generally, MENA countries vary in the degree to which foreign investors may freely repatriate capital. Several MENA countries also allow unhindered repatriation of capital without restriction.

Thirteen of the MENA countries (Bahrain, Djibouti, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Tunisia and United Arab Emirates, Iraq and Libya) report that they allow repatriation of capital without restriction. Algeria, Morocco, Syria and Yemen, operate restrictions of varying depth. (note Iran is not even talked about? Why? They along with Syria are still under heavy sanctions. But why they do not mention Iran is very peculiar. So now we know for sure Iraq is under Article 8 and migrated from Article 14.. The training wheels are off. When do they pop the currency? They told us it is coming EARLY 2017)


Transparency45. Most MENA countries have made serious efforts to increase transparency of their foreign investment regimes, however for foreign investors in the region transparency still remains an issue of concern. The transparency of foreign investment regimes varies widely among MENA countries.

One reason of this is the relative lack of information made available to foreign parties by some MENA countries. Indeed, while some countries provide detailed reports in response to a survey on investment restrictions conducted by the IMF, others supply only cursory responses.

Similarly, a range of national government websites providing information of use to foreign investors extends from sophisticated sites containing relevant laws and regulations, details of establishment procedures and other useful content (usually in English or French as well as in Arabic) to sites with virtually no relevant information.

 
 
Deputy for Basra: Contractors ongoing crisis and the city of Baghdad to the province with 13 Million dollars
 
MP for the province of Basra, Salim Chawki, Saturday, about the presence of large debts owed by the federal government has not paid off for the province, valued at $ 13 billion, indicating that the dues Contractors crisis in Basra list and there are solutions on the table.
 
Said Shawki's / balances News /, said that "at the end of the previous session in 2013, there are government projects certified by the former provincial council in Basra was, and made by companies, these companies began to work and arrived at certain stages depending on the completion rate specified in the schedule, In 2014 there was no balance due to parliamentary disputes, and in 2015 got physical distress due to lower oil prices, and as a result got this accumulation of entitlements Contractors. "
 
He added that "the federal government did not provide sufficient funds to the local government in order to pay these dues," noting that "the province asking the federal government to date debt of $ 13 billion, or more than 13 trillion dinars."

Financial advisor Ebadi waving to resort to the courts against some politicians
 
Network Iraqi position 
Threatened adviser to Prime Minister Haider al-Abadi Financial Affairs, to resort to the courts against a number of political figures, because they stand behind the accusations and threats directed at him through one of the means of their respective media.
 
Said Mohammed Saleh in a statement, he said that "one of the electronic media purposely publishes statements me and allow their tails to attack us, I and Dr. Shabibi, who was accused by them Fox, feline and has documents leads us to death," noting that they are threatening to re-old subject of the Central Bank again through leaks to the media outlet and allow commenting abuser us, "
 
Salih stressed, this site publishes media for the tenth time his remarks, and allows for the same person to comment upon the words of an abusive, and warn boosted by getting to the gallows, as he put it.
 
The adviser warned Abadi resorting to the courts and file a lawsuit against this site and the politicians who stand behind him. (the day is coming shortly when Abadi will have enough support to after all these bad apples and eliminate them from politics. These are one of the major obstacles to real progress in Iraq. So if you ask what will happen to Maliki and his goons? Just watch this all play out once the Reconciliation Agreement (Law) is signed and in place.)


Deputy for Barzani's party ruled the federal government brokered to end disagreements Kurdish House
 
Majid Chenkali MP ruled out for the Kurdistan Democratic Party led by President of Kurdistan , Massoud Barzani, to be the federal government 's role to end the differences of the Kurdish house.
 
Majid said Chenkali told all of Iraq [where] that " the differences in the Kurdish House political which is found in all the parties involved in the political process , whether in Kurdistan or in Baghdad," adding , "There must be a Kurdish dialogue - Kurds to end these disputes through communication and understanding without going to the other party [ the federal government]. "

And he saw Chenkali that "there are those who want to be part of the problem and not the solution , so it should all Kurdish parties make concessions to reach a compatible familiar with the Kurdish House and unification formula can not be any block or waived Party , an issue that ambitious nation - building and stability and security in the Kurdistan region and provide economic situation good for the people of the province. " 
(they need to “drain the swamp” of these dead weight politicians bringing Iraq down. This will only be done by political pressure. The next election process will be amazing and expose all these politicians)

He said , "All this represents constants can not be any party that says it is not with these constants so they could move from these distances to reach common points." 


It is said that the political crisis in the Kurdistan region worsened since October 2015 after the departure of popular demonstrations in Sulaimaniyah province, has developed into acts of violence and clashes with security forces, the delay in salary payments and the continuing crisis presidency of the province. 
(these crocked politicians feed off the economic crisis and instead of helping the country through it make things worst by rhetoric and holding back on much needed reforms and laws)
 
National Alliance announces the readiness of the document "historic compromise" 
 
Special scales News
 
Declared leader of the National Alliance on his media news, Saturday, to document historic compromise ready to be presented to the other blocs, stressing that it is a necessity of life for Iraq after the "Daesh."
 
Said, L / balance News /, said that "Iraq after Daesh needs a final settlement between the Iraqi people, in order to start a new life on the level political and social stability in all aspects of life," stressing, "It is imperative to document between the parties in which each party raises requirements of stability and ambition of its necessities and benefits. "
 
He added that the "coalition took the initiative in the preparation of this historic document was voted on by the leadership of the coalition authority and ratified by the political body in the presence of all the representatives of the coalition blocks, and the presence of the United Nations." (we witnessed this in a prior article I presented to you in my recent past news letters..remember?)
 
Emphasized, that "the document is now ready," pointing out that "requires of other blocks to show observations and comments on the document." (in the past article on this topic they told us they had some fine tuning to do and then they would present it to the other blocks for their comments. Well now they are doing it)
 
And the leader of the coalition, they "will be collecting these observations and comments and papers to be presented, to be beyond the formation of a national document and one."
 
He stressed that "the document is the need of the necessities of political life in Iraq, to ​​ward off suspicion and claims to be face to face and on the basis of the law and the constitution," (This is the “Reconciliation Law” they are telling us is ready and is now being presented to the other blocks for review and comments. This document will hopefully settle down the fighting between them and bring more peace to Iraq)
 
In the presence of Professor Ihsan Shomran and Mr. John Sullivan, the US Treasury representative in Iraq

Economy News .... 
 
Qualification certificates for the training of anti-money laundering ..
It ended 19 trainees from various private banks course in the fight against money laundering and the financing of terrorism and organized by the Iraqi private banks in cooperation with the Association of Iraq for Training and Development and lasted five days
 
The association has set up a closing ceremony attended by Director General of the banking and credit of the Central Bank of Iraq Ihsan Shomran Yasiri and a representative of the US Treasury, John Sullivan and Sebastian, general manager of compliance at the CBI.
 
He gave the word Yasiri trainees in which he referred to the great efforts in the implementation of this session, which measure up to the level of importance and for the central bank need to prepare the cadres of specialized money laundering work to achieve the required precautions from slipping in the maze of this phenomenon.
 
 
Parliamentary Finance: There are no major difficulties before approving 2017 budget before next month's solutions
 
Baghdad: Euphrates News}

Denied the parliamentary finance committee member Ahmed Sarhan, Sunday, having great difficulties in front of the law approving the budget year 2017 before the month this December.

Said Ahmed told {Euphrates News} today that " the adoption of 2017 budget will be the predecessors of 2015 and 2016 , " he said , adding "there is a change in some of the figures for expenditures and revenues and the deficit and the price per barrel of oil."

He added , "In light of this , it is of no great difficulties delay the submission of the budget law for a vote by all parliamentary blocs , " noting that "in the next week will meet with members of the Finance Committee to finalize the budget once and fo rapproval before the start of the month this December." (they already told us that they wanted to vote on the budget this Saturday’s session on 11/26) 
The House of Representatives has completed the second reading of the 2017 budget law, while urging the President of the Parliamentary Legal Committee Muhsin al - Sadoun, to make clear amendments to the draft budget law, particularly the paragraphs that give rise to an increase in financial allocations to ensure that no one challenged.
 
Articles End
 
Their words not mine…..No Rumors, No Hype, Just the FACTS!
 
Auf Wiedersehen
Much love to ya all,
Mnt Goat

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.