,
DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, November 16, 2018

IQD RV News Update (RANT# 263)

KAPERONI: CBI is Ready to DELETE The ZEROS!!! , 15 NOV

Guru Kaperoni:   Iraq is laying the groundwork prior to the RV. That though the CBI itself is ready to “delete the 3 zeros” (announce June 22nd), the other pieces of the puzzle need to be in place Imo prior to the RV taking place. These pieces...include the ISX, custodial banking, Forex, Tariffs, sale of state owned businesses, etc.  they have a huge amount of laws and as stated… “effecting the lives of the citizen directly” sitting and waiting. Many read once or twice already…They are loading the barrel of the gun, sort of speak. And the pressure is certainly building. When do they return and when will they vote on these laws?  quote…“…will begin the new legislative term next Sunday the twentieth of November.”  So now you all know…nothing will happen until after these laws are passed which begins on Nov 20th.

KTFA: "Launching the RI" , 15 NOV

KTFA

Clare » November 15th, 2018


FYI... The reason I didn't post a summary after Monday's CC was because the website crashed...

(some have asked, that's the reason)

After Monday night, I hadn't had time... but here is a portion from:

MONDAY NIGHT'S CC …. FROM WALKINGSTICK'S REPORT... make sure you hear FRANK'S DESSERT from last night(Wednesday) ....

PLAYBACK: 641.715.3579 / PIN 319183#
http://www.freeconferencecallh.....Id=9785042

They tested, tried, the lifting of the 3 zeros for 4 years @ a dual exchange rate...the program rate we see & the 1- 1 we don't see....(articles prove this)

1). Based on what we read, that rate has well exceeded 1-1..

2). WS & FRANK believe more calculations have been tested successfully for the
budget @ a Fractional Banking

reason...-- the fils

more reasons, for more calculations, that have been tested successfully to calculate fractional banking..

-- the ISX
--marketplace will need and use fils

ISX going International! No hold up!

All tried & tested for 4 more years....right now these and more calculations are all about accounting & math of the lifting of the 3 zeros...

LAUNCHING the RI with NO mistakes! They had to test the numbers more, so fractional banking, had to be tested successfully....

It's one thing to test fractional banking internally but completely different introducing @ onset of banking with the IQD

Education of Citizens will continue long after...hence the coins...

ISX- reason for the 2nd set of calculations....ISX has & will use fils in their calculation......Nothing lost, wasted, or stolen...

ISX soon to go International as Articles said...

It's happening right before our eyes whether we can see it or not!

To be at this point, our sharing is weeks ahead! Just because we don't see it doesn't mean it's not happening!

ISX paired with ESX …

ISX was testing an offline platform...with USA stock exchange, (don't think a PR rate)
also with European Exchanges, ME Exchanges, Arabic Exchanges & Asian Bourse....

Monday's CC was in Frank's opinion & this post is in my opinion...

Samson » November 15th, 2018

The word is right ... you should say


15th November, 2018 by Samir Nusairi

Central banks in the countries of the world are mainly aimed at achieving monetary and financial stability through their programs and strategy aimed at maintaining stability in the exchange of their local currencies against other foreign currencies and building foreign reserves in accordance with international standards issued by the International Monetary Fund.

Economic and political shocks in their countries, controlling stable rates of inflation and interest rates, implementing compliance regulations and rules, combating money laundering and financing terrorism

And the strict adherence to international financial and banking standards has proved the march of the Central Bank of Iraq during the past four years that it is progressing steadily to achieve the above goals and all this spoke by the Governor of the Central Bank during the hosting and members of the Board of Directors of the Bank by the Iraqi Council of Representatives and prove that the exit of Iraq from the monitoring area And follow-up to the regular follow-up area every two years like the rest of the banks of the world according to the FATF. 

As well as honoring the Central Bank of the person of the best conservative Arab in 2018 and occupy a global position ahead of the annual report for the year 2018 of the American magazine specialized and recognized the assessments and ratings WorldInternational Finance

This is reflected in the efforts exerted by the Central Bank and the Association of Banks and Banks to restore international banking relations with correspondent banks. And improved Iraq's credit rating. 

In order for the economic analysis to be accurate and non-radical to the reality of financial stability in Iraq and to overcome this important stage and give the opportunity to Mr. Prime Minister Dr. Adel Abdul-Mahdi to complete his cabinet to begin implementing the ambitious government approach and to meet the challenges of international economic changes and effects (US sanctions imposed on Iran )

And the political and the re-examination of the budget of 2019 was required to be looked forward to support the steps of the Central Bank during the shocks of financial and security, which contributed to the strengthening of the state treasury by 16 trillion dinars to In order to support the economic steadfastness of Iraq in the face of urging and pay the salaries of employees and the entitlements of contractors and farmers and maintain the political system from the collapse of the circumstances under the circumstances of Iraq

So that expectations are not taken in an extreme and create a state of confusion and confusion in the public. And to thwart shady media campaigns led by some satellite channels and channels of social communication known trends, purposes and objectives

From an economic and analytical perspective of the state of stability in the exchange rate and from a neutral and transparent point of view, we note that the high independence of the Central Bank and the availability of foreign reserves at an average and for determining the adequacy to cover the cash mass in circulation and to cover imports according to the standards of the International Monetary Fund as the foreign reserve is fully insured and occupies Iraq is ranked third in the Arab world and is currently more than 61 billion dollars and grows day after day and will be up to $ 76 billion in the case of the return of the government for the amounts of support provided by the bank in the difficult circumstances of the past, especially after the rise 

Therefore, we must preserve our national economic cadres and assess their good efforts in the service of Iraq and its people. I call upon representatives of the people and our national media to support our national economy and refute campaigns of disinformation LINK

Sunkissed » November 15th, 2018

This is an ENORMOUS - GIGANTIC - FORWARD PROJECTING article, that clearly is CONFIRMATION of the SUCCESS of the 4 year experiment, that was tried, tested and successful! Here's why and where I see this in this super-fantastic article!

This article is saying that ALL Central Banks world-wide gauge their Monetary and Financial Stability on these main factors. Now as you read through these, look how we have watched Iraq march forward through each of these requirement - milestones. Iraq has cause to be proud!

1). How well they can control the exchange rate of their country's currency against other foreign currencies.

2). Building up their Foreign Reserves. Foreign Reserves are also called FOREX Reserves. It is the currency and assets that are sufficient to be able to PAY their bills or liabilities. 

3). Controlling inflation. For Iraq it would how they have PROVED to the IMF, that they can and have maintained their 2% variance with the USD.

4). Implementing compliance regulations and rules, combating money laundering and financing terrorists. And we know all of the new technology and compliance that Iraq has implemented and they have been REMOVED from the OFAC sanctions, etc.

Iraq Central Bank is now FULLY COMPLIANT OF ALL OF THESE!

"...march of the Central Bank of Iraq during the past four years that it is progressing steadily to achieve the above goals and all this spoke by the Governor of the Central Bank during the hosting and members of the Board of Directors of the Bank by the Iraqi Council of Representatives and prove that the exit of Iraq from the monitoring area And follow-up to the regular follow-up area every two years like the rest of the banks of the world according to the FATF. 

Iraq can now operate LIKE EVERY OTHER CENTRAL BANK does!!!!!!!! The FATF is the Financial Action Task Force. This is the organization that monitors banks for malfeasance and primarily, Money Laundering and Terrorism funding. Iraq has been COMPLETELY CLEARED by the FATF! HUGE!!

Also, they go so far as to recall that Alak received MANY banking awards! Banking awards for a Central Bank under a Program Rate? Watching the Iraq Central Bank achieve such success, is like watching a horse race, and the horse at the very back of the pack, gradually speeds forward, passing each horse one by one, to finally finish in FIRST PLACE! Well done Alak!

Banks to restore international banking ... And improved Iraq's credit rating.

This is saying that the CBI is W-A-R!!! (We Are Ready) In my opinion, this article is telling us that when other factors are ready to GO INTERNATIONAL - THE CENTRAL BANK IS READY AND CLEARED FOR TAKE OFF!! 

The rest of that paragraph is telling us that now that the CBI is fully compliant, has MORE THAN adequate reserves - even adding 16T to them!, gives Prime Minister Mahdi the resources he NEEDS to do his job and complete his cabinet of Ministers and review the budget ONCE AND FOR ALL. And we now now that the meeting of the HOR was moved from Tuesday to Monday for that very purpose!

This article stressed THREE TIMES -- (Frank's favorite number) -- the STABLITY of Iraq's EXCHANGE RATE! One does not need a stable exchange rate unless one is GOING INTERNATIONAL!!!!!!

But this next section is even MORE exciting:

exchange rate and from a neutral and transparent point of view, we note that the high independence of the Central Bank and the availability of foreign reserves at an average and for determining the adequacy to cover the cash mass in circulation

Who cares about the "cash mass in circulation" unless one is interested in being able to PAY THE EXCHANGE COST of those notes in circulation - and interested in the note count which directly impacts the exchange rate. They know exactly how many notes are out and where those notes are in my opinion.

as the foreign reserve is fully insured 

How can they INSURE this????....... well.....

Iraq is ranked third in the Arab world and is currently more than 61 billion dollars and grows day after day and will be up to $ 76 billion 

This article is just HUGE and is truly a great summary of where Iraq started and what they have accomplished ---- and what they are READY TO DO! All in my humble opinion. I just didn't want this article to be passed by, because it is truly worthy to savor, word for word. The WORD IS RIGHT!!

~ Sunkissed

THE BIG CALL NOTES, 15 NOV

THE BIG CALL WITH BRUCE THURSDAY, NOVEMBER 15, 2018, INTEL ONLY

TRANSCRIBED BY PINKROSES


Bruce: Welcome Everybody to the Big Call tonight. First of all I received some information that made us look like we were a GO for today. Today is not over yet. I know. Realize this, I am not trying to keep you anything but informed and yes, encouraged, but I am not here to blow smoke or blue sky this thing. What you have to realize is my responsibility to you is to be truthful with the information as I see it, glean the truth from whatever I hear from my various sources, which are a number of sources. There are some that I feel are right on the money than others, but they all are worth receiving something to see what calibration there is, to see how much confirmation there is between sources and so on. The Intel does change like the weather. You can line it up for a specific time, and all sudden blow right thru that time frame and go into something new because something else is needed or something we didn’t know about.

Bruce: Why am I saying all of this? Because my responsibility is not to try to make this happen. I am not in charge of making this go. I cannot do that, but what I can do is put you in a position to receive it me included. I am putting myself in a position to receive this blessing. In the meantime, and yes I have said it for years many times on the Big Call, we have to continue dancing with the one who brought you. You have to continue with your Plan A and realize what I call Plan B is your Blessing that is coming. Even though it may not be tonight, we know it should be soon. I do not use the S word very often, but I do believe this is very soon. Now let’s talk about why I feel that way.

Bruce: Rates were as I mentioned on Tuesday’s call were blacked out almost like they were redacted. They were blacked out on the screens until today all the rates showed back up except for the Dong and the Dinar. Those two were still blacked out. That tells us they are still in flux. They are still changing. They are not ready to be exchanged. The other currencies are solid and they are there and that is good. That is a good sign. So the other currencies are all there. The only two that are not are the Dong and the Dinar. 

Bruce: We have heard that the USTN, United States Treasury Note, some call it USN, the United States New, or the US Note. It is not the same as the US Fiat Dollar. We can call it USFD if we wanted to. A dollar which is just a piece of paper based on full credit of the United States Government. That is not too shabby because the government our economy is strong and people feel good about that, but when you have a dollar that is asset back, which we have now, that is a different animal. You think our dollar is strong now which it is, wait until the rest of the world finds out we have an asset back with gold, silver, other precious metals, oil, and so on and so on down the line. Our dollar is asset back now. When did that happen? It actually happened Tuesday afternoon at 3:15pm, this past Tuesday. What is interesting is the Chinese Yuan which was gold back first came out at 3:21am the day prior which would have been on Monday morning.

Bruce: Our dollar comes out at 3:15 EST pm and we received a soft announcement about that asset back dollar at approximately 11 o’clock in the morning yesterday, Wednesday. It must have been a soft announcement, because I haven’t seen or heard it anywhere. According to sources in the know, it did happen, and that is fine. That is good. We have heard about some time frames like 72 hours from the time that the USTN went asset back which was Tuesday. So 72 hours from Tuesday afternoon at 3:15pm. Could we see something then by that time? Quite possibly. The Redemption Centers have been put on call starting at 2pm tomorrow afternoon. It means if they are called, they need to report within 30 to 45 minutes. Many of them within 45 minutes of the phone call. They are essentially are on high alert starting tomorrow afternoon.

Bruce: We also know that the Dinar and Dong which are looking blacked out now are supposed to be up by Saturday afternoon/evening. By afternoon/evening we supposed to have those two currencies rates show. I think that is major. I think that is big. I am not a huge fan of this on the weekend, but banks do like the weekend. They like the idea of Saturday. I am just saying you can’t write off any particular day at this point. Are we going to go before Thanksgiving which is Thursday? I believe so. Yes, I do believe that is true. We have heard to be fully funded, to have money to spend for Black Friday/Thanksgiving. We supposed to have that.

Bruce: We heard some people talk about when that could happen. Some people confuse the concept of this going by Thanksgiving or not going by, but we are hearing we should have this any day now literally. Some sources are talking about a day and half which clearly puts us Saturday afternoon. Maybe that is it. Maybe it is. I can’t call it. I can’t say it is definite. It just isn’t. Just realize I cannot make this happen. I would love to. If I could make it happen I would have 8 years ago, but many of you did not get into this 8, 6, or 4 years ago. You got involved the last year or two some of you.

Bruce: We have to try to make this all inclusive as we can, but just trust the fact that I do not like the fact I have to come back and explain something or give you reasons for you to hang on. You have to make the decision for yourself to hang on, and to have faith for us because it is an exercise of faith, and continue to do which you been doing so far. If you do not have a job, get a job. If you need one, get one. There is plenty of opportunity out there, but I really believe we are very close. I really do not understand. Look, I get information that gives us a time frame. I know that the groups are supposed to be paid out basically now, but we have heard the groups were to be paid out numerous times where they are in position, the Paymaster is liquid, and the USTN have to come out first.

Bruce: I can tell you this much that we heard today that one of our major banks, I going to call it a Tier 2 Bank, was receiving the brand new USTN currency today. Today. So I have to believe if one major bank got it, then many of the banks have it. We have confirmation from one that they received our new money, the gold back United States Treasury dollars. That is a great sign. We have not heard that before. So they are there. I think that makes it like today after 5:00 what is with that? The timing is important. I think we are finding ourselves just getting closer and closer. The QFS system has been launched over the world and has been activated globally. That means it has been connected to all the major banks around, the QFS system. That is important, crucial.

Bruce: There has been so much cleanup on Aisle 3 that I have talked to you guys about for months now. I do not know if it is completely done yet, but I think they are farther along where we have most of that noise out of the way and we can get started. That is really what I am hearing in terms of the Intel a really broad spattering of information that came in, but all of it was really pointing to very close proximity. I feel good about it. I am a little disappointed not having it by the time of this call. Yes I am just like you guys, but realize this I am going to stick with this and I am for it. I am for you. I am going to be your encourager. I am going to be the one that lifts up your arms as we go forward. WE have things to do. We got projects. We are going to help people. We are going to make a difference in people’s lives. Just do me a favor and just stay in faith, take a deep breath, do what you are doing, and be relatively open to the possibility of this happening shortly.

Bruce: Thank you Everybody. Thank you Sue, Bob, and Pastor Steven, and thank you all in Big Call Universe that are listening live or listening by as a replay. Thank you all for listening and being faithful, and just continue to have faith because your redemption of Zim draws nigh. Have a beautiful night and see what happens. WE hope that we only do a celebration call at the time of this going down. Look to the websites: thebigcall.net and bigcalluniverse.com. If you are not registered yet, get registered and you will be receiving an email of our future plans and email with the toll free number if we are allowed to put it out that way. Register on bigcalluniverse.com. Thank you all for tuning in. I appreciate you. God bless you and see you soon.

MNT GOAT UPDATE, 15 NOV

November 16, 2018 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

Mnt Goat VIDEO PICKOF THE WEEK

I realize that there is way too much good news on the internet to watch all at once. There is also much garbage, and how do you access the good from the bad.

So, I decided to start a “VIDEO OF THE WEEK” for all my readers. These videos are being presented to educate you on the past and the present on a multitude of issues. But bare with me in making my points. Many of these issues are not simple and take background information to understand. Then within my FaceBook Newsletters I may talk about this new information. This is my contribution to humanity. I hope these videos will WAKE UP AMERICA.

By watching these presentations, I am hoping that you will be able to realize who are your real friends, patriots and who wants to sincerely better America and bring abundance and prosperity. You have to ask yourself - do they want to knock down America and bring her down to the level of a third world nation? Or do they want to bring a new sense of prosperity. I can write pages and pages of information on these issues but many will just shun me and say I am preaching. Also I do not have the time to dedicate to these issues and do the writings. So why not let others tell you the story from their own mouths.

Feel free to copy these videos and record them and pass them on. Bring them to your friends as talking points.

I will sincerely try to stay away from conjecture and supposition. I will try to present only FACTUAL information that is REALITY.

These videos will stay on FACEBOOK for only 7 days. I will try to post a new video each Wednesday.

More news….

Just in Nov 14th:

Deputy secretary of the US Treasury, Sigal Mandelker, announced that SWIFT HAD CUT-OFF IRANIAN FINANCIAL INSTITUTIONS TARGETED BY THE US SANCTIONS, Sputnik reported.

Iran’s central bank is among the entities that lost their connection to SWIFT. She stressed that Washington would be strictly enforcing its sanctions regime against Tehran and said there would be "a lot more from the US on Iran."

It is not clear yet, however, which banks will be chosen to conduct trade for humanitarian purposes such as food and drugs, which the US says are not sanctioned.

What impact will this have on Iraq, who needs to trade with Iraq for everyday existence? Ho will the payment for goods and services be rendered without the SWIFT system connection? Will Iraq get a waiver? Even if so there will have to be at least one bank within Iran to conduct the transactions with Iraq. (see below)

The Central Bank of Iran said in a statement late Monday that the SWIF ban would have no effect on Iran's bank accounts and its foreign exchange settlement since it is only "an inter-bank messaging system."

It added that since a disconnect from SWIFT for Iranian banks had been anticipated, alternative messaging systems have been developed and became operational a long time ago.

More news….

The Arab newspaper London, in its issue on Thursday, that the Prime Minister Adel Abdul Mahdi, told President Barham Saleh that he would resign if the appointment process continues to sell ministries between the political blocs in his government.

Full article in below in articles section.

(Mnt Goat - So now we know the hold up in getting the remaining ministers. Will they conduct the scheduled announcement and voting of the last 4 ministers next Tuesday Nov 20th or will this too be held up longer?)

Just in late Thursday. The next session moved to Monday, 19/11 at one o’clock.” Go figure!

More news….

CNBC: CENTRAL BANKS SHOULD CONSIDER ISSUING DIGITAL MONEY (electronic form NOT crypto currency), IMF'S LAGARDE SAYS 

(11/14/18)

https://www.cnbc.com/…/central-banks-should-consider-issuin…

Central banks should consider issuing digital currencies as money faces a "historic turning point," according to IMF Managing Director Christine Lagarde.

In a speech at the Singapore Fintech Festival on Wednesday, Lagarde highlighted the changing nature of money as demand for physical cash decreases around the world. She said central banks have a role supplying money to the digital economy.

"I believe that we should consider the possibility to issue digital currency," Lagarde said.

Lagarde said a central bank-backed digital currency could help promote financial inclusion, security, and privacy in payments as a low-cost and efficient alternative to paper notes. But she also warned of risks to financial stability and innovation.

(Mnt Goat – don’t go off half cocked and tell me that now even the IMF supports crypto currencies. Lagarde is NOT talking about crypto currencies. She is talking about electronic currency much like the USA already adopted. Ye, you in the USA already follow this process and the IMF wants other nations too to go more electronic. We have seen this effort in Iraq to convert them and it is successful and allows them to use the smaller category notes and moves them into the situation where they can even eventually issued more even smaller category notes. There are many other advantages too and you can read the entire article using the link above. Read on…)

Deposits held in commercial banks are already digital, but a digital currency might be backed by the government in the same way cash is today, Lagarde said. Digital currencies could come in the form a state-backed token, or through an account held directly at the central bank.

Cryptocurrencies like bitcoin, on the other hand, offer a "decentralized" option, meaning they are not controlled by a central authority. Lagarde said she is "not entirely convinced" about cryptocurrencies that are anchored in "trust in the technology."

(Mnt Goat – in other words she does not like crypto currencies or support the idea)

"Proper regulation of these entities will remain a pillar of trust," she said.

More news….

WHY ARE THESE 2013 DAMAGED NOTES SO DAMNED IMPORTANT?

Like any issue that keeps getting the majority of the news media from Iraq we better pay attention to it. So we are seeing tons of articles on this topic as of lately. Are you paying attention to them? What are they really trying to get to?

The real issue may not be apparent to what is said on the surface when the first articles first come out. But then as time goes on, if you are diligent and keep paying attention and read all of the articles as the news develops, you can get to the bottom of the issue. You can then see what they are trying to get to.

So what is at the heart of all these articles on these damaged notes?

So the news is about the lost 7 billion dollars dinars (about 6 million dollars) from Rafidain bank. We know for a FACT that in 2013 Nori al-Maliki had an insider director in the Rafidian. This was one of his sources for funding his corruption. But the money soon dried up at this bank and so he has to go elsewhere to get the funds for the lucrative Russian arms deals he was making. Remember he was going to go after the Kurds and needed the equipment for his army to fight the well equipped Peshmerga. So he resorted to go after the CBI for the funds.

At this same time the acting governor Dr Shabibi has lined up the project to delete the zeros and the reinstatement to occur. We read many articles evidencing this FACT in mid to late 2012. Then later in 2015 Dr Shabibi was interviewed and he confirmed to us that the IMF signed off and all was going well until Nori al-Maliki decided to take over the CBI and raid the funds. This of course halted everything doing with the reinstatement.

Since that time the CBI has struggled to get permission from all the needed entities to go ahead once again. Many times it was thought the path was cleared again but then “postponed”. They do not like to use the word “halted” as it sounds too permanent.

So Maliki at this time then decided to first intentionally cause the damaging of these 7 billion dinars within the Rafidian bank. This was no accident! This is the point many of these articles are trying to make. Alak seem to want to wash it all under the rug as in the past. But this is much more significant and should not be washed under the rug. So the real issue then stems to this – why have you not yet executed the project to delete the zeros? It is 2018 now and five years later. The country is not more stable than even in 2013. This is where this investigation of the “drowning” dinars has gone. Let’s continue to watch it play out. What will the new parliament go with this issue? How far will they explore it?

More news….

WARNING….WARNING…..WARNING

There is a new currency scam in town. 

Stay away from this swamp option. Do NOT swap good Iraqi currency for a defunct, expired, non-negotiable Zimbabwe collector notes. I don’t care what you have been told by these idiot gurus. The Zimbabwe currency 100 trillion notes and like are worthless pieces of paper (except to collectors).

All of them who are passing on this misinformation will be held accountable in the long term when millions of people are scammed out of their dinar. These idiots are promoting these older, hyperinflated ZIM notes as if they are going to be valuable someday to make you millions. Folks I have positive information and proof that this is NOT going to be the case. I have been saying this for years now and many simply refuse to believe me. They have drunk the TNT Tony Zimbabwe coolaid (and others) already and worship everything these idiot gurus say. However, at the end there will be a price to pay for all these gurus who misled you and scammed you into making these purchases. So here is the latest of the scams. This is the most scariest of all scams since they are taking your valuable Iraqi dinar and giving you in return nothing more than these worthless pieces of paper, the 2008, 2009 ZIM.

Here is the link from this scam.

DO NOT do this swap. If you have already completed this swap under this program contact the nearest FBI agency and report this scam immediately. They will investigate it for you and if you do this in time you may have a chance to recover your dinar.

Hang on to your dinar no matter what! Do not get discouraged this is going to get reinstated and you will be able to exchange them for US dollars. This Iraqi dinar is not a scam.

More news….

BAGHDAD / 

The deputy MP of the Kurdistan Democratic Party (KDP), Pierre Taher, said on Thursday that parliament is moving to take measures TO RESTORE THE INDEPENDENCE OF THE CENTRAL BANK.

(Mnt Goat – I did not know the CBI lost its independence. Didn’t parliament pass a law last year establishing the independence of the CBI? So what is this all about? Will the CBI then be able to reinstate the currency too as needed?)

Tahir said, "the eye of Iraq News," that "there is negligence and a clear negligence in the performance of the work of the Central Bank of Iraq, and his work lacks the full professional and there are several shortcomings in aspects of service provided and performance," noting that "the Governor of the Central Bank bears waste more than 7 Billion Iraqi dinars in circumstances attributed to the floods previously flooded the province of Baghdad. "

(Mnt Goat – Alak was not the governor of the CBI in 2013, the time of the incident….hello! Anybody home?.,,,,  But Alak did see the country thru the war with ISIS and managed the funds appropriately. )

He added that "the parliament will take the necessary measures to restore the independence of the Central Bank and the performance of his work fully professional to contribute to the revitalization of the national economy."

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

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. 

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

Articles Begin

THE CENTRAL BANK OF IRAQ, THE SUBJECT OF SINKING THE AMOUNT OF 7 BILLION DINARS

{Baghdad: Al Furat News}

“The incident occurred in Rafidain Bank in 2013 at the time of Abdul Basit Turki as governor of the Central Bank in addition to being the head of the Financial Control Bureau at the time and took what to take in accordance with the law and instructions of the Central Bank And state regulators. ”

He added that “the functions of the Central Bank in accordance with the law is the replacement of damaged and invalid papers and this is done continuously to maintain the sustainability of dealing in local currency and stability.”

The statement pointed out that “the cost of replacing the banknotes is the cost of printing, which is different from the value of the currency much, not loss of 7 billion dinars, and some argue that the currency that was sinking would have been replaced even if it did not sink because the life is over.

He pointed out that “the Central Bank expresses its deep surprise to raise this issue after five years and at this particular time, noting that the subject is settled procedural and legal in its history.”

He called on the Central Bank of Iraq “all the media to be careful and careful in the transfer of data and deal with it because of the impact on the state of financial stability and price achieved by the Central Bank of great efforts and recognition of international organizations during the past years.”

(Mnt Goat – this is nothing more than a story that got leaked out to the press and was sensationalized. But are they are making more out of it than it really is? Of course the press is all over the CBI these days since they are keeping a close eye on them. Looks like this is yet more evidence of the Maliki corruption with the CBI back in 2013. The TRUTH is slowly coming out. Another article on the topic explains the corruption in more detail.

Alak claims: “The governor of the Central Bank defended himself by saying that the incident took place in 2013, that is, before taking office, that is during the period of the government of Nuri al-Maliki, stressing that the bank’s governor was then Abdul Basit Turki, who was the head of the Office of Financial Supervision.)

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

NEW DETAILS ON WHAT WAS RAISED ABOUT THE AMOUNT OF SEVEN BILLION DINARS DAMAGED BY THE RAIN WATER

The Central Bank revealed on Wednesday the new details on what was raised about the amount of seven billion dinars damaged by the rain water, the central bank on the links, stressing that the incident occurred in Rafidain Bank in 2013 at the time of Abdul Basit Turki as governor of the bank .

The bank said in a statement received by the 'news' that' the incident took place in Rafidain Bank in 2013 at the time of Dr Abdul Basit Turki as governor of the Central Bank, in addition to being the head of the Financial Control Bureau at the time and took what to take in accordance with the law and instructions of the Central Bank And the state regulatory bodies '.

The bank added that "one of its functions according to its law is to replace the damaged and invalid papers, and this is what it does continuously to maintain the sustainability of dealing in local currency and stability, in addition to the cost of replacing the banknotes is the cost of printing and it differs from the value of the currency much and not loss 7 Billions of dinars as some promote, knowing that the currency that sank would have been replaced even if it did not sink because the life of the virtual has ended '.

The bank expressed its "great surprise to raise this issue after five years and at this particular time, noting that the subject is settled in a procedural and legal in its history," urging all the media to be careful and careful in the transmission of data and deal with it because of the impact on the state of stability Financial and price achieved by the Central Bank of great efforts and the recognition of international organizations over the past years . '

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

OFFICIAL DOCUMENTS PROVE THAT THEY WERE DESTROYED AFTER RECEIVING THEM FROM THE CENTRAL BANK

The economic expert, Hamam al-Shamma, revealed that the reason for raising the issue of the destruction of 7 billion dinars, is that there are those who try to capture the central bank, as well as the replacement of its governor .

(Mnt Goat – remember this goes back to 2013, more evidence of Maliki corruption.)

"The drowning is not limited to the seven billion, but all Iraq is drowning, because of lies, slander, fraud and misinformation. The issue is that the amount of banknotes has become damaged and has been replaced by the bank," Hammam al-Shamma told the Rowadaw media network. The central, had been damaged before the water in the coffers of Rafidain Bank, and is ready for replacement .

"After flood and sewage flooded the Rafidain Bank in 2013, some of the funds have become completely damaged. They have been replaced. This is a natural process that occurs in all countries of the world. The banknotes are damaged and consumed. They are replaced naturally by the central bank ."

The economic expert pointed out that "the facts are beginning to unfold, and the investigation is not possible at all, unless the investigation is about the poor storage in Rafidain Bank ."

As for whether the funds were destroyed or stolen, Al-Shamma continued: "Certainly, I have been destroyed. THERE ARE OFFICIAL DOCUMENTS PROVING THAT THEY WERE DESTROYED AFTER RECEIVING THEM FROM THE CENTRAL BANK and the signing of this by the committees, which has been officially destroyed, and billions of dinars are damaged annually .

As for the reason for raising the issue at this time, he stressed that "THERE ARE THOSE WHO TRY TO CAPTURE THE CENTRAL BANK, WHICH SUCCEEDED IN STOPPING THE CURRENCY TRADE, WHEN THE EXCHANGE RATE IN THE MARKET IS ALMOST EQUAL TO THE BANK'S RATE, as well as the benefits enjoyed by some private banks, "The money transfer companies have gone out of their way, and that is why they are seeking to replace the governor. This question and this whirlwind was raised at the start of the new government in order to replace the portfolio ."

The economist pointed out that "the facts began to clarify before the House of Representatives, and I expect that the matter will be soon ."

"If it will affect the Iraqi economy, as well as the reputation of the central bank," said al-Shammaa, "it will have no effect on them. But if this dirty plot succeeds in removing the current governor and the acquisition of some political groups that want to benefit, will deteriorate again, and thus will show the difference, and show the currency trade as it was in the past, and this will lead to the depletion of cash reserves for Iraq and the loss of funds for the benefit of beneficiaries and parasites .

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

HEY, WHAT ABOUT THE SUCCESSES OF THE CENTRAL BANK OF IRAQ?

Central banks in the world designed mainly to monetary and financial stability through the programs and strategies aimed at preserving stability in local currency exchange foreign currencies and build enough foreign reserves according to international standards issued by the Fund IMF as banks are evaluated based on criteria related to crises and challenges, and their economic and political shocks and control the stable rates of inflation and interest rates and application of regulations and rules compliance and combating money laundering and terrorist financing.

And strict adherence to international financial and banking standards and the CBI March demonstrated during the four years he paced fixed to achieve goals above all Mr occur during Central Bank Governor hosted by members of the Bank's Board by the House Iraq and proof Iraq exit monitoring area and proceed to the regular biennial periodic follow up area like other banks in the world according to the financial action group FATF.

As to honor the Central Bank Governor person best Arab in 2018 and occupation sites globally ahead according to the annual report for the year 2018 to American Journal recognized specialized assessments and headline finance which reflected the efforts made by the Central Bank and the Association of banks and banks on international banking relations with correspondent banks.

And improved credit ratings for Iraq. Hope to be accurate and non-extremist economic links to the reality of financial stability in Iraq in order to bypass this important stage and give a chance for Mr Prime Minister Adel Abdul Mahdi to complement his booth to commence implementation of ministerial government curriculum ambition in order to meet the challenges of International economic variables and effects (u.s. sanctions imposed on Iran) and tugging and political rethink 2019 budget required to be considered a good eye to support the steps the Central Bank through the financial and security shocks which contributed to strengthening the State Treasury $16 Trillion dinars for Iraq's economic resilience in the face of ISIS and the payment of staff salaries and dues of contractors and farmers and maintain the political system from collapsing in the darkest conditions experienced by Iraq. Moreover, the considerable efforts made by the Central Bank and banks in basing his plans and achieved the primary goal of monetary policy is the stability of the exchange rate for Iraqi dinar since 1/1/2018 and remained strong and stable despite the international and domestic political shocks.

And to not take rabidly expectations and create a State of motion blur and confuse the public. And spoiling the shaded and campaigns led by some satellite channels and social media channels known as directions and purposes and objectives.

And look through insightful analysis and economic stability in the exchange rate and from a neutral point of view and transparent note that independence for the Central Bank to provide foreign reserve at the rate for which determine its adequacy to cover the money in circulation and to cover imports as standard the International Monetary Fund since foreign reserves fully locked and occupied Iraq rank third Arab currently limits of more than 61 billion dollars and is growing day by day and going up to 76 billion dollars if the Government subsidies provided by the Bank in the past especially difficult circumstances after rising oil prices and proceeding from ensured that exceeds our beloved exponential, economic and market woes, give the opportunity for the new Government to implement its political and economic systems and to preserve our national economic evaluate benevolent efforts in the service of Iraq and his people invite representatives People tell us that supports our national economy and refutes misinformation and distortion in loud voice and say the word right and conscience.

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

HOLD UP TO REMAINING MINISTRIES: MAHDI TO RESIGN IF THE APPOINTMENT PROCESS CONTINUES TO SELL MINISTRIES BETWEEN THE POLITICAL BLOCS IN HIS GOVERNMENT

The Arab newspaper London, in its issue on Thursday, that the Prime Minister Adel Abdul Mahdi, told President Barham Saleh that he would resign if the auction continues to sell ministries between the political blocs in his government.

"It was not too late," Iraqi Prime Minister Adel Abdul Mahdi said.

The newspaper said quoting sources that "Adel Abdul-Mahdi told President Barham Saleh, that the continued political pressure exerted by the various parties will push him to resign," noting that "the political conflict over the remaining portfolios, especially the Ministries of Defense and Interior, reached an unprecedented level and turned To auction ".

"Negotiations are no longer focused on Abdul Mahdi alone, but they are more domestic, that is, between political forces to exchange portfolios and replace candidates away from the prime minister, " she said.

The newspaper said that "Sunni political parties offered partners $ 50 million, in exchange for waiver of the defense portfolio," adding that "the political confrontation between the leader of the National Coalition Iyad Allawi, and the leader of the movement of the solution, Jamal Karbouli, on the defense portfolio, leaked details to the public And became an embarrassing file. "

She concluded by saying that "such news would cause great embarrassment to Abdul Mahdi, who is classified among Iraqi politicians away from political deals suspicious," noting that "Abdul Mahdi is about to appear political opportunist, which left the choice of ministers of his government to the political blocs , Sells them and buys, just to ensure that he stays in his position as prime minister. "

She pointed out that "the severity of the criticism received by Abdul-Mahdi in the media, increased because of reports indicating the sale and purchase in ministerial positions," revealing that "Abdel-Mahdi expressed in favor of pessimism, on the chances of success available to his government, in light of the complexities of completion.

"The next few weeks will be crucial in terms of the fate of Abdul Mahdi and his chances of continuing in office," the paper quoted observers as saying. "There are those who have already begun to think about the post-Abdul Mahdi period, which may start faster than expected."

The sources predicted that "the government of Abdul Mahdi, only two out of four, the duration of the law, because of the unwillingness of its president to engage in open confrontations, and preferred to withdraw in case of serious political conflicts."

The source said she believed that "Abdel-Mahdi knows that his resignation, which looms are not allowed to submit even if obliged to do so," stressing that "disqualification does not mean personal failure, but the failure of the entire political class, which found the man of settlement in time lost.

"If Sunni politicians exaggerated the auction to take over the Defense Ministry with its billions of dollars, what they are doing is required by the Shiite parties," she said, adding that "this is part of the prevailing corruption pattern, Mafias at this embarrassing time, which requires that the hidden state emerge from silence and start a public movement organized to stand with Iran in its ordeal.

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

TEHRAN'S WAYS TO BACKDOOR BAGHDAD TO CIRCUMVENT SANCTIONS ON THE ENERGY SECTOR AND BANKS

After the new US sanctions package was introduced a few days ago, press reports reveal Tehran's ways to backdoor Baghdad to circumvent sanctions on the energy sector and banks.

"Iraq has agreed with Iran to swap Iraqi food products with Iranian gas supplies, so that Tehran will find a bank for its energy production," the official IRNA news agency quoted members of the Iraqi Energy Committee as saying.

Adding that Baghdad is currently seeking the approval of the United States to allow it to import Iranian gas used in power plants in the country, as it needs more time to find an alternative source.

Washington gave Iraq an exemption from importing Iranian gas and energy supplies and food products when US sanctions on Iran's oil sector resumed last week, provided it was only 45 days old.

Tehran is seeking to push Iraq to demand an agreement that allows it to export gas to Baghdad for food, which could make it exploit this by further circumventing sanctions to save its faltering economy and currency, which lost about 70 percent of its value this year.

Iran has experience in circumventing international sanctions, according to the site "The Atlantic" US, having already circumvented through a series of tricks to stop the system of tracking oil tankers, in order to hide the direction to go.

Iran also used "fake" companies and registered its oil tankers in other countries, avoiding international scrutiny.

According to The Atlantic, Iran has already traded oil with goods such as cars and telephones with China, and sold crude oil to India in rupee.

In some cases Iran has used countries where the central authority is weak to launder money and return it to the country, as was the case with Babak Zanjani, who earned billions for the Iranian regime. He was sentenced to death in 2013 for embezzling $ 2.8 billion in informal oil deals to circumvent international sanctions imposed on Tehran.

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

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

PHILIP T. UPDATE, 15 NOV