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Friday, June 8, 2018

MNT GOAT UPDATE, 8 JUNE

June 8, 2018 Mnt Goat News Brief
Hi Everyone,
I bring you much news today.
Okay so here we are over a week into June already. Iraq told the citizens to wait until after the elections to complete the project to delete the zeros. Well it now after the elections. Where is the RV?
If you though they would RV the instant the voting was over, then you’re the nut case. What they meant was for the dust to settle after the elections and to have a good sense of the formation of the next government. Is it going to be a stable govt? Will the elected officials continue with the progress of the Abadi administration from the last 4 years? These are concerns and why they postponed the project anyhow. So why would they not wait and see how it all plays out?
So we are in a very good position now since they just announced yesterday that the majority bloc is now all completed and “official”. Sadr has completed his work in this bloc building. We know he has his candidate for the prime minister picked out. So what next?
Parliament will continue to bully the Election Committee right up until July 1st, when they no longer have any power are disbanded. I see all this as political posturing and one last desperate attempt to save their own hides in trying to put a “monkey wrench” in the workings of the elections process. We know their small piece of obscure legislation to mandate recounting is not going anywhere since the judicial already ruled that they do not have this constitutional power to make such legislation. It can not be enforced.
So if they do any recounting it will not be because Parliament said so. Instead it will be due to legitimate reasons and fully supported by the Electoral Commission and the Judiciary. Anyhow, any recounting will probably only place the outcome more in the favor of Haider al0 Abadi anyhow.
More news….
Iraqi sources said Saturday that Prime Minister Haider al-Abadi announced his break-up with the Islamic Dawa Party because of disagreements with leaders and a second alliance with the Al-Nasr bloc and others led by Moqtada al-Sadr and other political forces.
More news….
Iraq is getting close to the 3 month MCP monitoring compliance which ends around mid June. So what next? I am hearing the IMF needs to have it’s Article IV Consultation with Iraq and the formation of the new government before we will see any RV. The Article IV is a good time for the IMF to review the CBI and go over monetary policy, and other issues effecting the banking industry before the CBI writes the letter accepting Iraq formally back into Article VIII. The new government needs to be in place to create political security and this will create an atmosphere for investment. We are getting closer than ever before.
More news….
Baghdad News – The Iraqi is EXPECTING IN THE NEXT 48 HOURS, THE FEDERAL COURT’S RESPONSE ON THE FAIRNESS OF THE ELECTIONS, in the atmosphere of escalation by the parliament, which recently threatened to sack all members of the Commission, according to article twenty of the Iraqi constitution in force in the country.
According to officials and politicians of different blocs , the decision of the Federal Court is EXPECTED TO BE ISSUED DURING THE NEXT TWO DAYS, and carries the formula of constitutional interpretation and not the wording of a decision, in view of the absence of a judicial complaint against the Presidency of Parliament or the Electoral Commission
More news….
IRAQI JUDGES TAKE OVER ELECTION BODY AFTER FRAUD ALLEGATIONS
by Sinan Salaheddin | AP June 7 at 4:57 AM
BAGHDAD — Iraq’s top judicial authority on Thursday took over the Independent Elections Commission as stipulated by a law passed by Parliament in response to complaints of widespread fraud in last month’s national elections, according to a statement.
On Wednesday, lawmakers approved amendments to the election law that include annulling results from balloting abroad and camps for displaced people in four Sunni-dominated provinces and call for a manual recount of all ballots.
Supreme Judicial Council spokesman Abdul-Sattar Bayrkdar said the group of top jurists, who are appointed by parliament, will meet on Sunday to select judges who will run the commission and supervise the manual recount requested by the law. Bayrkdar said the council will act in a “fair and impartial way.”
More news….
REUTERS: IRAQ ELECTION COMMISSION TO APPEAL PARLIAMENT RECOUNT DECISION
(6/7/18)
Iraq's Election Commission said on Thursday it would appeal a law passed by parliament a day earlier that ordered a nationwide manual recount of votes from a May 12 election and suspended the commission's leadership.
"The commission's board will use its constitutional and legal right to appeal the amendment to the election law because it contains violations and is not in harmony with the constitution," the Independent High Elections Commission's board said in a statement.
More news….
SECURITY COUNCIL SANCTIONS COMMITTEE CONCERNING IRAQ REMOVES ONE ENTITY FROM ITS SANCTIONS LIST
On 7 June 2018, the Security Council Committee established pursuant to resolution 1518 (2003) approved the removal of the following entity from its List of Individuals and Entities subject to the assets freeze set out by paragraphs 19 and 23 of Security Council resolution 1483 (2003) adopted under Chapter VII of the Charter of the United Nations.
(Mnt Goat – this is WOW! news. Now the Central Bank of Iraq can do business with the outside world. Apparently when they told us last year that Iraq was “fully” out of Chapter VII sanctions this was not entirely accurate. But this is fantastic news today. Could this be why they would not let the CBI reinstate the currency up to now? Just asking….)
B. Entities and other groups
IQe.001 Name: CENTRAL BANK OF IRAQ
A.k.a.: na F.k.a.: na Address: Rashid Street, Baghdad, Iraq Listed on: 21 Nov. 2003 Other information: Activity: Central Bank (bank of issue and controller of the banking system)
More news….
IT’S COMPLETED NOW…SIGN AN AGREEMENT ON THE FORMATION OF THE MAJORITY BLOC
Twilight News / Streams of wisdom and "Asrun" and national formally agreed to form an alliance leading to the largest parliamentary bloc.
An informed source told Shafak News that the new alliance will include about 100 deputies.
The results of the Iraqi elections resulted in the winning of the alliance of "Sawsan" (54 seats), the alliance of "conquest" (47 seats), the coalition, "victory" (42 seats), "state law" (25 seats), "Democratic Party of Kurdistan" (24) (19 seats), the Kurdistan National Union (18 seats), the Iraqi Decision (14 seats), Iraq Our Identity (10 seats).
Article (76) of the Constitution says the first paragraph: "The President of the Republic, the candidate of the most parliamentary bloc, THE FORMATION OF THE COUNCIL OF MINISTERS, WITHIN FIFTEEN DAYS FROM THE DATE OF THE ELECTION OF THE PRESIDENT OF THE REPUBLIC," and says the fourth paragraph: "The Prime Minister-designate, , and the ministerial platform, the House of Representatives, and is the holder of confidence, when approved by an absolute majority, "ie, with the approval of (165 deputies) half the number of seats in parliament.
More news….
The Iraqi Foreign Ministry announced on Thursday that Iraq was elected as Vice-President of the United Nations General Assembly for the 73rd session.
"Iraq looks forward to playing a pivotal role in implementing the sustainable development agenda for the year, as well as actively contributing to the development of the working methods of the General Assembly and enhancing Iraq's role in the international arena," Foreign Ministry spokesman Ahmad Mahjoub said in a statement.
He added that "the efforts of the Iraqi Foreign Ministry represented by its minister Ibrahim al-Jaafari and its leadership cadre and its permanent representative at the United Nations in implementing Iraq's quiet, balanced and moderate policy in the international community in general contributed to Iraq's assumption of the post, which is a diplomatic victory that strengthens the status of Iraq at the UN level. the parties".

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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
BBC: IRAQI PARLIAMENT ORDERS MANUAL ELECTION RECOUNT
(6/6/18)
Iraq's parliament has voted to carry out a manual recount of votes cast in last month's legislative elections, amid allegations of widespread fraud.
MPs also replaced the leadership of the election commission and annulled the votes of overseas and displaced Iraqis.
On Tuesday, Prime Minister Haider al-Abadi warned that security agencies had evidence of "unprecedented" violations.
He said the main issue was with the electronic vote-counting machines that were used for the first time on 12 May. IT IS UNCLEAR WHETHER WEDNESDAY'S VOTE WILL AFFECT THE OUTCOME OF THE ELECTION.
The official results gave 54 of the 328 seats in parliament to a nationalist alliance between the Shia Muslim cleric Moqtada Sadr, whose militia once fought US troops, and a number of mostly secular parties.
A bloc linked to Iranian-backed Shia paramilitaries that have battled the jihadist group Islamic State (IS) over the past four years came second with 47 seats, while Mr Abadi's alliance was third with 42 seats.
Mr Abadi told reporters on Tuesday that he had been in favour of accepting the result and working towards the formation of a new government, but that he changed his mind after studying a report by a committee comprising Iraq's security and anti-corruption chiefs.
"In the beginning I said: 'Let's keep going and let the commission deal with the violations.' There are violations each election, here and there."
"The committee has revealed dangerous things, honestly. Yes there may have been some violations by candidates but the election commission bears the largest share of the responsibility," he added.
The prime minister accused members of the Independent High Election Commission (IHEC) of "not taking the needed measures or taking wrong ones", including failing to check the vote-counting machines for errors.
He banned high-ranking IHEC officials from travelling abroad without his approval and said criminal charges might be brought against some individuals.
There was no immediate reaction to Wednesday's parliamentary vote from the IHEC, but it has previously denied that there were widespread irregularities. The election, the first held since the government declared victory over IS in December, saw a low turnout of 44.5% - much lower than in previous polls.
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The Alliance of Suron, the National Coalition, and the stream of national wisdom, on Thursday, an agreement on the formation of a coalition of national majority (patriarchal) post-election 2018.
Souron issued the results of the elections with 54 seats, national 21 seats, and wisdom 20 seats, the total of (95 seats) if approved by the Federal Supreme Court, the results of the elections.
The representatives of the three alliances agreed on basic principles of the alliance:
1 - The national majority of parents.
2. Unity of Iraq, adherence to the Constitution, and the consolidation of democracy and public freedoms.
3 - The alliance resulting from the national majority is not limited to the formation of the government only, but continues to build the strategies required by the next phase of the coalition forces formed to the Alliance according to mechanisms to be determined later.
4. The majority of the national patriarchal majority is a government program to be achieved within specific time limits, including the following buildings:
A - economic reforms, the treatment of the state rent, the revitalization of the private sector, and investment development.
B. Decentralization.
C- Not politicize the governmental and administrative joints as well as the military establishment.
D - to confiscate arms with the state and prevent the militarization of society.
E. Reviewing the administrative system, laws and decisions inherited from the former regime within a specified time frame.
And (f) the return of displaced persons and the provision of adequate return conditions.
G - The formation of the Federal Service Council within six months from the date of the formation of the government.
5. The Government program also includes anti-corruption and corrupt mechanisms.
6. The Prime Minister shall implement the specified government program with time limits.
7 - determine the specifications of the following positions {President of the Republic, the President of the House of Representatives, the Prime Minister, the Cabinet Cab, and the positions provided for by the Constitution and not to remain proxy}.
8. Independent bodies are accredited with the ministerial cabin.
9. Ensure the independence of the judiciary and the reform of the judicial system.
10. Building regional and international relations based on common interests and non-interference in internal affairs.
11 - Legislation of the law of the Federation Council and work within two years.
12. Building the state on the basis of the principle of citizenship and equality by enacting legislation that supports this.
The House of Representatives has ratified yesterday a third amendment to the election law, and a manual counting and counting in all of Iraq and the abolition of the results of the special ballot and abroad and the appointment of nine districts to oversee the counting process and began their duties today with the freeze of the Supreme Judicial Council to consider appeals previously submitted to the results amid different positions between acceptance And the opposition of the political blocs on these procedures
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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) in Iraq have worked. God has guided these young men and women on the battle field. Let us all now know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians 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 in Iraq and in the United States. We must pray for our leaders when they are being guided by the Holy Spirit. 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 revaluation of the Iraq dinar occurs.
PRAYER
“For the Iraqi Prime Minister and the President of the United States, that all their cabinet members, and deputies may be anointed by the Holy Spirit to do God’s will and bring the free democracies of the Republic of Iraq and the United States of America to the much-deserved prosperity and abundance thru justice and freedom from oppression and corruption. That they may be a shining example for the rest of the middle east and to rest of the world to follow.
In the name of Jesus Christ our King and Savior, Amen”
Auf Wiedersehen
Much love to ya all,
Mnt Goat

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