Monday, April 15, 2019


When a project, any project, develops, they all follow a sequence of activities. A water plant, a bridge, a skyscraper, new technology, medical breakthroughs and so on.

First someone has an idea. Then the idea is drafted. Then all of the intricate detail to accomplish the draft is formulated. After the skyscraper is drafted up then they seek funding by loans or investors and everyone goes to work hiring the architects, surveyors, construction workers in electrical, plumbing, concrete, steel, planners and any other goods and services required to complete the task.

Generally speaking, no project is developed unless there is a specific need or an existing situation that is either broke, needs updated or upgraded. Things developed with no purpose we call ART. (Whose only purpose is to stimulate emotions and thought)

In this respect the GCR/RV, is no different. It would be stating the obvious that global financial system is broke needs upgraded and updated.

The absolute need for news technologies to ensure the survival of humanity is without question. We have to keep in mind though that the GCR is like any other initiative or project. The only difference I can see is the mass amount of effort be narrated to establish the perception of its need.

The GCR/RV was conceived as a solution to mitigate the global financial crisis, but, as in my skyscraper metaphor, it now has to be implemented and the functionality components passed down to the layers of individuals and entities to build it.

I.E. (F.A.T.C.A -Foreign Account Tax Compliance Act, A.I.I.B, BRICS, C.I.P.S, Quantum Financing, Treaties, Message delivery systems, Banking reforms (Basel III and IV), BREXIT, the Gold Standard, Tax Reform, measures to curb corruption, security measures and those are just a few of what are known functional entities required.

Think about all the other functional support entities we don’t know about, or can even conceive exist, to allow this event to manifest. Then apply the thought process to 209 countries on an individual basses. Then think of the massive effort and thousands of people needed to coordinate 209 counties.

The delays are constant because of the scale of the coordination. It could be as simple as someone not showing up to work that day or as complex as an International Treaty needs signed or created. We don’t know and will never know.

The public or “we the people” are the beneficiaries of this mass effort not the architects of its functionality. As such, we all must focus on our individual roles as a pending beneficiary.
It has been made abundantly clear that this event is for humanity not to make individuals rich. If your thought process is not to enrich humanity through projects or create jobs, you probably won’t receive much attention, if any, when exchanging your currencies or Historical assets.

I strongly recommend, as a beneficiary, your time would be better served preparing and focusing on your project formulation and documentation requirements. You need to be versed and confident in your project presentation and the only way to do that is to educate and constantly be re-evaluating, your projects, for flaws and omissions.

I have spent years attempting to educate our readers on the various “functional entities” and components, in motion, that are a necessity for the GCR deployment and only touched the tip of the iceberg of what’s actually is out there. The control mechanisms that dictate financial movements are vast and seem without end.

As far as the GRC itself goes it appears that momentum is at an all-time high. It has been suggested that funds have been distributed to the SKRs (safe keeping receipts) and groups and will have liquidity in some fashion and was expected by Friday night April 12th 2019.

Delays in procedure hiccups with the military have been resolved but took a couple more days. Everyone in the U.S will benefit in some fashion. The rates are supposed to be locked in but we have not seen verifications as of yet.

The fees and penalties and other prominent prosperity programs are said to be hydrated and ready for distribution. Issues with USN or USD delivery has interfered with liquidity but also seems to be getting resolved.

Asia and Hong Kong procedures are said to be complete and it has been stated in the past, that within 48 hours we would see the 800s. The main thing is the USN is live but will not be made public until the 800 numbers are presented. Things are now at the administrative reviews process which is the final arm prior to distribution.

Again it gets backs to the administration of the functional components that are needed to facilitate fund deliveries. Refereeing to my metaphor, you can’t bring in the painters until the walls are up. Everyone must show up to work and do their job. Let’s hope this time they do. There has been enough false starts, the race needs to start.

In the meantime follow my advice and be prepared. No sense in worrying about things you can’t effect or change. There are thousands of pieces to this puzzle but we are finally seeing the picture on the box come to life.
On a  side Note:

I was contacted by the ASEAN+3 Macroeconomic Research Office (AMRO) to correct some factual errors in a specific paragraph in the April 7 2019 post due to exclusions presented in my article. AMRO’s core functions are conducting macroeconomic surveillance for its members and supporting the Chiang Mai Initiative Multilateralisation (CMIM).

“Hong Kong Monetary Authority and South Korea ($83 Billion Betrayal):

Both have joined and expanded their roles in the CMIM, or Chiang Mai Initiative Multilateralization, which is a currency swap (previously stated as non-dollar currency swap) agreement with the 10 ASEAN nations (Indonesia, Cambodia, Brunei, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam)” the + 3 China (including Hong Kong), Japan, and Korea.”

The Chiang Mai Initiative (CMI) comprised a network of bilateral swap agreements among members that was multilateralized into a single contractual agreement called the CMIM in 2010. With the current size of USD240 (240 is a currency code referring to a specific date), the CMIM aims to address balance of payment and/or short-term USD liquidity difficulties in the ASEAN+3 region.

In all fairness and to accommodate being as accurate as possible in any presentation, I agreed to post the error corrections. BUT! Let’s be clear of the intent of the post. These countries and more have thrived on the U.S Dollar because their own fiscal and monetary policies suffer ongoing mass failures. Their own populations have no confidence in their governments’ abilities to manage fiscal and monetary policy so they lean on the strength of U.S. has their savior.

When the time comes where the U.S. needs these countries to retain their U.S. currency reserves, not only do they bale out they form cooperatives to increase their dedollarization.

Network externalities drive and effect fiscal and monetary policies in these Asian countries. Externalities refer to conditions where it is convenient for all households and firms to have foreign currencies when a large number of people use and accept foreign currency for payments. Cambodia for example has been as high as 95% U.S.D in their Foreign Currency Deposits or FCDs per the data from the National Bank of Cambodia. Keep in mind Cambodia never “officially” adopted dollarization but remains one of the most dollarized economies on the planet.

The rest of the CMIM participating countries likewise are heavily dollarized. Unintended dollarization causes multiple problems with a countries’ management of its monetary policies. With the heavy use of foreign currencies a country has limited control of the effective level of their money supply, it can undermine the development of financial markets, including the stock market and the interbank markets.

If the interbank markets don’t develop it creates low demand for government issued bonds denominated in the local currency and can affect the monetary and exchange rates policies. But instead of adopting the U.S. Dollar that has been their savior these nations and more are migrating to other currencies such as the Yuan, dumping the U.S. Dollar and leaving the U.S. holding the bill. Thanks for nothing you ungrateful @#/*%@#$%& .

Things are looking amazing on the GCR front, Hold on to your seat.



MarkZ Monday Update- Highlights by PDK- Not Verbatum

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

MZ:  Good morning everyone…will tell you what the chatter is in “As the dinar turns”

Q: Are we there yet? 
MZ:  No not yet.  I heard there was a few last things to wrap up

MZ: The latest delays claiming there were hiccups out of Germany...but no one will share what that hiccup was…..We were told that very late Saturday night….no proof to back up the pudding….. Hearing that once again,  as of this am we went back to an any minute scenario…. I hope to have more news late this afternoon.

MZ: I was told as of Monday morning EU time…..all was back on track  ...I stiIl don't know what that Germany rumor was, whether it was just an excuse or not…..when I was told that  I was ready to puke…so tired of the “any moment” I know it’s frustrating for you all as well.

Nflemingjr: The same as mark I don't know what happened in Germany as of yet

nflemingjr: The last thing that I heard on Sunday was they were ready to enter the release code

MZ: I started getting nasty, hateful emails Saturday and have a whole lot more of them today…probably get more tonight.

Member:  @wsomn0629 The final launch of the RV/GCR is like trying to catch an armadillo in the live oak, brush and mesquite trees that make up the cattle country in Central Texas from San Antonio/Austin over to Waco and eastward to the piney woods into LA and wild boar. RV/GCR:WWG1WGA

Member:  In honesty though as we all have info that paymasters are liquid. Do we have to wait for the clients in the groups need to be paid before it goes to us? As I have been told there are 1000s of groups and I doubt they have all been paid yet?

Q: What does Germany have to do with anything?

Member:  Germany was part of the late 1970s poppyseed and narcotics agreement through London which keeps halting  and delays of the RV in my opinion.

Member:  Germany's Murkel is the culprit!!

Member:  Wasn't Obama and Pelosi just in Germany?

MZ:  Keep in mind that the Obama administration and the Bush administration fought this thing tooth and nail….they did not want it in any way

Member:  The news said that Pelosi was in Germany(?) This is her second (Codel) attempt to redeem her family’s Dinars(?) Maybe they had to hide them from her in Germany!

MZ: MC has not been paid.. but I am still very positive ...Expectations are high but the timing is frustrating.

MZ: Banks and my contacts there  are still saying this week..I do not think we have to wait for the weekend..

Q:  Any info from your "CBI" contact????

MZ:  Nothing out of Iraq yet this morning….Oil prices going up is probably great for us …just manage expectations on rates….it has to make financial sense.

Q: What will the street rate on the dinar be?

MZ: What I suspect the street rate on the Dinar will be is about $4.50 …on the dong- I suspect it will be about $2.25

Member:  I wish they would stop kicking the can and just pull the trigger

Q:  Mark what about the boys in Reno

MZ: the SKR's are all still positioned for the shotgun start..now all we need is a shotgun start

nflemingjr: Nothing has changed on the skr's the funds are there but the codes have not been entered for release

Q: How long can they keep the rates locked?

MZ:  I was told would be good for 10 days..so there is about 7 days left yet on locked rates ... I am looking for movement damn quick

nflemingjr: The locked in rates are not on the screens yet but as soon as the release codes are entered the rate will show up

nflemingjr: There is always a cleanup on aisle 3

MZ:  so true…somone always spills some milk

Member:  DB used to say if a country was dragging their feet, then the rest would go ahead and that country would be left behind

Q:  what are locked in rates ….explain paymasters?

MZ:  paymaster…think of them as when you go to a real estate closing and a attorney is responsible for getting checks to different people…the inspector, the tax bill…ect……a paymaster is the same principal…they are a fiduciary responsible for the pay outs at the completion of a transaction. …they are specially certified..

Q:  mark do you still think we are past the point of no return?

MZ: Absolutely. I think we are way past the point of no return and that we will have an implosion if they don’t get it out the door ……the question is – will they get it out before the big “crash”.
Member:  Subject: UPDATE - RENO CONNECTION Note following last Communication: Just received the info from my lawyer friend in NYC connected to us treasury. There have been quite a number of very positive developments in the last day toward final closure on the much discussed "RV". All 122 paymaster accounts have been fully prepared and made liquid; The major attorney in fact for 47 of the world's largest ZWD (Zim) redeemers is heading out to Reno today to sign off on his contracts and opening the door for completion of all the remaining SKR'd accounts to be paid out in liquid new dollars. Additionally, all fines and penalties packages, like CMKX packages and prosperity packages arranged 30 years ago will all be ready for distribution by 3 pm PDT (6pm New York time.)  Finally, there is qualified rumor that release of liquidity to SKR'd accounts like Tiers 1, 2, 3 and 4-A will begin tonight or tomorrow!  With all these things done, it is most likely that toll-free numbers will come out to set appointments for redemption/exchange ad complete this chapter with universal liquidity by early Monday morning, if not before! (I just got independent confirmation that the attorney has been called in by the buyer in Reno!!! It is happening!)!!!!

MZ: Remember-don't leave your day job...until you are in the bank..

Member:  : "Zimbabwe bond notes are no longer legal tender and must now be redeemed and disposed of as per international law." what do you take of that Markz? MZ

MZ: IMO this means you are getting ready to redeem your notes.. they need them redeemed, destroyed and off the street …they need to get on with their asset backed currency … I take this as a very good sign…

Member: I think this is all a government psyops….

MZ If it were- could you imagine the backlash they are facing???? And the number of people pullin to pull this off.

Q: Marc have you heard that won't start till after Easter ???? Heard from 2 on that. Your thoughts

MZ: Still hearing it will happen at any time….but anything is possible…we hear  that all will roll out at the same time…(Easter is 6 days away)

Member:  They will never tell us the exact timing of this

Q: When do you think we will see the 800 #s – your guess

MZ: 800#'s??? Ask me this afternoon...should have a much better feel for timing …..and find out what happened in Germany…...My GUESS is Tuesday…..but that is just a guess

Q: : @nflemingjr when are you thinking 800

nflemingjr: I don't know
Member: They can just exchange me into fiat…at this point I do not care…

MZ: Lol….do you know how many times many of us have said that????

Member:  Al Hodges: read my lips… you will not be paid until we have safe banking and an asset backed currency.

MZ: I think a week after this has gone…….., the Gold  (asset) Standard will be announced..

Q: Did people in RENO exchange or get SKRs?

MZ:  NoI do not think anybody has exchanged yet….and nobody has got their SKR's funded as of yet..

MZ: Guys, If the up's and down's are too tough…..put your currency away…..walk away for a few days..

Member: DINARIANS: You only risk about 9 dollars per One Million Dong purchased. If you took that One Million Dong back to your bank now without the RV, you would receive back around $39 on a $48 purchase. You can't find a risk that low in any investment!!!

MZ: Very good point! ..

Member:  : HYPOTHETICALLY: If this was a SCAM. I am only risking 9 dollars per One Million of Vietnamese Dong? You have to be a "Sandwich Short of a Picnic" not to invest in this once in a lifetime opportunity!!!!
MZ:  Think about that ..the upside is greater for hanging on to everything. ,,

pollyanna116: nflemingjr ---- anything you can share not covered so far?

nflemingjr: No I have been ordered not to say too much

Q: Are you under a NDA?

nflemingjr: No NDA.. I just have people that I have to answer to

MZ: Fleming thank you again for everything...

MZ: I may have several evening streams this week…..folks from masters trusts and a crew with history on CMKx and other informative topics this week

MZ: If I hear any news on the 800 numbers- I will tweet so fast your heads will spin…

I will be digging for news all afternoon.

Note: Please listen to Replay for all the details and more Q&A.  Chat moves very quickly and Mark speaks very fast…….

Replay is  https://www.twitch.tv/videos/411454563##

Or   https://www.pscp.tv/originalmarkz/1RDGlvVEVrjxL


Restored Republic via a GCR as of April 15 2019

Judy Note: There was no new intel that I could find on Sun. April 15. According to Saturday’s intel, as of Fri. night Midnight April 12 2008-09 Zimbabwe bank notes turned into official gold-backed Historic Bond Notes and had to be redeemed immediately, plus our funding was in place and the new currency rates were locked into bank screens. By Sat. April 13 CMKX and Prosperity Packages were being delivered and the banks were pinging each other (a sign they were about to begin exchanges). 

The bottom line: Notification for appointments could come at any moment and in a shotgun approach. Keep your phones and computers on, charged and glued to your email, texts (for Zim holders) and websites that said they would advertise the 800#s, such as Dinar Chronicles. 

WARNING: Dave Schmidt was known for asking people to give him their currencies and Zim, saying he would exchange/redeem for them. This was a very questionable practice to say the least. Now he has a video out (I did not publish the link as I refuse to promote disinformation) where he said at the 8-9 min. mark that if you have not yet turned in your currencies and Zim to a broker, you would not be able to exchange, plus you had to be in touch with a buyer in order to profit from the Global Currency Reset. 

In my opinion this is a scam to obtain your currencies and Zim. If Schmidt or anyone else exchanged for you, then by necessity they would have to put the monies into their own personal account and sign the NDA. They would be under no obligation to pay you anything from the exchange. Mr. Schmidt should be investigated for possible fraud. 

It was strongly advised that you DO NOT give your currencies or Zim to anyone, that you redeem/exchange them yourself and if you don’t keep your currencies and Zim securely under your own control, you would be at risk of losing your monies. 

If you have given your Zim or currencies to anyone to exchange for you, you might want to demand that they return such to you immediately. If they don’t return what is yours you could take your receipts that prove you bought the currency or Zim and charge the person in court with stealing your monies. This should be done ASAP since we have a limited time to exchange in the higher rates. 

You have the power to redeem/exchange your own Zim and currencies. You can ask for the higher Back Screen and Contract rates. You can determine how much you want for your humanitarian program and ask at your appointment for a rate that would give you the needed monies. You DO NOT need a con artist to do it for you. 

April 15 2019 3:17 am EST Intel Alert: Operation Disclosure: GCR/RV Intel Alert for April 15, 2019 Operation Disclosure (Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not be accurate. Other confirmed sources may also be included in this overview.)

1. Wikileaks was dumping data to allow Julian Assange to testify and not be extradited to Sweden. https://www.investmentwatchblog.com/it-looks-like-wikileaks-has-dumped-everything/

2. Trump was expected to make moves on the Federal Reserve.

3. There was a runor that the Alliance's plan was to have the RV begin on Sept. 11, the day in 2001 that the world was derailed from the transition by the Cabal. However, the date of the RV was subject to change and may occur at any moment.

4. Zimbabwe Bond Notes were no longer legal tender and must now be redeemed and disposed of as per international law.

5. The world was reaching its tipping point for the transition to take place.

B.April 14 2019 3:18 am EST Intel Alert: Operation Disclosure: GCR/RV Intel Alert for April 14, 2019 Operation Disclosure (Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not be accurate. Other confirmed sources may also be included in this overview.)

1. The Alliance was covertly smoking out all Cabal/Deep State operatives embedded within the US Government. The entire Cabal/Deep State criminal syndicate was being dismantled from within.

2. Brexit was an operation aimed at dismantling Cabal shadow banking via the City of London. The operation was a success after the UK legally exited from the EU as of March 29. Shadow banking was now being dismantled, with the purpose of Brexit now being to make a deal that would affect the future of the UK and the EU.

3. Both Julian Assange (JA) and Edward Snowden were expected to start dropping truth bombs in a timely manner. The Deep State was battling with the Alliance to have JA extradited to Sweden in order to stop him from testifying. Edward Snowden was about to reveal how the CIA, MI6, and Mossad worked together to create the Islamic State. Deep State corruption was about to be exposed.

4. We were at a crucial point in time where the transition was about to begin in full scale.
The RV was the beginning of that transition. 

C. April 14 2019 8:39 pm EST The Federal Reserve Cartel: Eight Families Who Own the USA: The Federal Reserve Cartel: Eight Families Who Own the USA 

D. International Child Trafficking:

https://thefreethoughtproject.com/allison-mack-accused-trafficking-children-billionaire-backed-sex-slavery-ring/ Media Silent as Allison Mack's Arrest Exposes Child Trafficking For Billionaire-Backed Sex Slave Ring The Rothschild-linked Bronfman sisters donated millions to the cult whose leaders, Allison Mack and Keith Raniere, have been charged with child sex trafficking.

E. The Global Currency Reset Past, Present, Future:

Sun. March 24: The Mueller Report exonerated President Trump and officially turned on the RV process at the new US Treasury offices in Reno, Atlanta and Chicago, where personnel were told to keep it quiet.

Mon. March 25: European sources indicated that the RV had been released, Paymasters hydrated, the military activated, Fines and Penalties handled, some SKRs made liquid. In 27 states a limited number of exchanges at low teaser rates done on the Dinar and Dong.

Fri. March 29: At this end of the banking business quarter the banks of 209 countries participating in the Global Currency Reset were made Basel IV compliant, Gold became a world currency and Central Banks recognized gold holdings as cash reserves. The new USTN became tradable Fri. night March 29.

Sat. March 30 at 6 pm EST: The City of London Bank was eliminated per British Law – Brexit, Russia and China came online with their Quantum Financial System alternative to the SWIFT System that worked with the CIPS system.

Mon. April 1: Banks across the globe participating in the Global Currency Reset were declared Basil 3 or Basil 4 compliant, were now sovereign and owned by the countries they represented. The Central Banks of the Cabal system that since the 1800s had been under control of the privately owned US Inc, City of London and Vatican Bank, made the transition to a gold/asset-backed Quantum Financial System under control of the different sovereign countries. Iraq announced in mosques that they were International and open for business. SKRS could now be made liquid, exchange/ redemption accounts fully accessible, structured payouts would begin earning interest and a new US Taxpayer plan was in force.

Mon. April 1 at 7:35 pm EST international banking wires were halted for transactions and then reopened Tues. April 2 at 7:35 pm EST. Also on Mon. April 1 at 9:30 pm EST Fedwire® Funds Services were closed for transactions and then reopened Tues. April 2 at 11:30 pm EST. The Cabal system was defunct as the Quantum Financial System (QFS) took over. The QFS started up in full mode in Hong Kong and some in the US began receiving RV packages.

Thurs. April 4: Funds were released April 4 at 3 pm Hong Kong time for payment of ongoing operations at the global level of coins and Dinars according to sources of Asian Royalty. The new Dinar was international and became tradable on April 4 at 9 pm EST.

Fri. April 5 at 9 am funds were in Master Paymaster accounts.

Sat. April 6: On Sat. April 6 both the Senate and House passed a bill that replaced the IRS/Federal Reserve system, imposing a national sales tax at a rate of 23% on the use or consumption of taxable property (not food or medicine) in lieu of the current income taxes, payroll taxes, estate and gift taxes. https://www.congress.gov/bill/116th-congress/house-bill/25/

Tues. April 9: The SKR's processed in Reno late Mon. April 8 into Tues. April 9. Late night Tues. April 9 banks were being connected to the 800 number reservation system. 

Thurs. April 11: The ten year legal tender term limit for Zimbabwe's bond notes (2008 and 2009 trillion series) was reached April 11, 2019. All Zimbabwe 2008/2009 bond notes must be redeemed and destroyed as per international law. 

Fri. night Midnight April 12: 2008-09 Zimbabwe bank notes were officially gold-backed Historic Bond Notes and had to be redeemed immediately, our funding was in place, the new currency rates were locked into bank screens, the Brexit Exit and as by international law the BIS having recognized gold as money, the deadline for gold backed digital credits, including the US dollar, to come on line in Central Banks. 

Sat. April 13: CMKX and Prosperity Packages were being delivered and the banks were pinging each other (a sign they were about to begin exchanges).

Mon. April 15: The new Zimbabwe Central Bank rate, or sovereign rate, took effect as Zimbabwe Bank Notes had turned into official gold-backed Historic Bond Notes and had to be redeemed immediately. The funding for the GCR was in place and the new currency rates were locked into bank screens. By thisApril 15 the count was expected to reach 90,000 sealed indictments filed against global elites in federal courts across the nation. 

At Any Time: Zim redemption and currency exchanges were expected to begin in a shotgun approach – everything at once.

Thurs. August 1: GESARA expected to be implemented, Cabal contained and a formal announcement of the Gold/asset-backed standard.https://www.congress.gov/bill/115th-congress/house-bill/5404


(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not be accurate. Other confirmed sources may also be included in this overview.)

Wikileaks is dumping data to allow Julian Assange to testify and not be extradited to Sweden.


Trump is expected to make moves on the Federal Reserve.

Rumor: According to sources, the Earth Alliance's plan is to have the RV begin on September 11.

September 11, 2001 was the day the world was derailed from the transition by the Cabal.

However, the date of the RV is subject to change and may occur at any moment.

Zimbabwe bond notes are no longer legal tender and must now be redeemed and disposed of as per international law.

The world is reaching its tipping point for the transition to take place.

Source: Operation Disclosure


KTFA: "A thief in the afternoon", 15 APRIL


Don961 » April 14th, 2019

Mohammed al-Halbusi to (Tigris): Washington is waiting for Iraq to rely on itself on the economic side

Frank26 » April 14th, 2019


Iobey777 » April 14th, 2019

IMO..It's TIME!! It's HAPPENING! Perhaps if we add an (a) to rely, we get Relay...ie.. the message has been relay..ed to Iraq to RELY on their OWN currency and tell the world their fine new rate!!!

CSHessman » April 14th, 2019

Sounds to me like USA is waiting for Iraq to flip the RELaY switch!

StephenMac63 » April 14th, 2019

If it was speculated it would arrive like a thief in the night....and Frank&Tink are now in Hawaii, wouldnt that make it a Thief in the Afternoon?

Samson » April 14th, 2019

The start of the four-way meeting in Amman at the level of foreign ministers with the participation of Iraq

14th April, 2019

The Iraqi Foreign Ministry announced on Sunday the start of the four-nation meeting, which includes the countries of Iraq, Cyprus, Greece and Jordan in Amman at the level of foreign ministers. 

"The four-way meeting started in Amman at the level of foreign ministers with the participation of Iraq," ministry spokesman Ahmed al-Sahaf said in a statement received by the economy. 

"The most important topics of the meeting are the development of economic relations and integration in various fields," he added. LINK

The Central Bank decides to allow the United Bank to issue letters of guarantee

14th April, 2019

The Central Bank of Iraq has decided to allow the United Investment Bank to issue new letters of guarantee

The "Economy News" obtained a document issued by the Central Bank of Iraq in which it decided to allow the United Investment Bank to issue new letters of guarantee, after the previous decision to stop issuing LINK

Syrian Transport: The Baghdad-Damascus train project has reached very advanced stages

14th April, 2019

A source in the Syrian Ministry of Transport, that work is continuing to link the railways in Syria and Iraq and the inclusion of Iran to him and access to China in an old and strategic project stopped during the Syrian crisis

The source added that representatives of Syria, Iraq and Iran are in the meeting to determine the executive steps for the project to connect the Syrian ports on the Mediterranean Sea, with Iran through Iraq

Al-Watan newspaper quoted the source as saying that there are understandings with the Chinese side to participate in this project, becoming a link to the Silk Road and benefiting from it Syria, Iraq, Iran, China, Pakistan and others

The source added that the linking of the railways between Syria and Iraq has reached advanced stages in Syria, where the completion rate is about 97 percent (the total length of the Syrian section 156 km) and in Iraq the length of the line about 160 km and a large proportion of it

During the war, the project was halted in Syria and part of it was destroyed.

Work is under way to determine the size of the losses, the cost of rehabilitating the pipeline and the import of new trains LINK

Syria announces the completion of 97% of the rail link with Iraq and confirms the possibility of including China LINK

Trump: North Korea has enormous potential for success and wealth

14th April, 2019

US President Donald Trump is ready to hold a third summit with North Korean leader Kim Jong - un with paying tribute to the economic situation of the isolated state

"I agree with Kim that their personal relationship is still very good, and perhaps the use of the term 'excellent' is more accurate," Trump wrote in a tweet on his Twitter social networking site last weekend

The US president's message comes in the wake of government media reports last week that the North Korean leader is open to another summit with his US counterpart

"I think a third summit will be a good thing, as we fully understand each other's position," he said

In February, the second summit failed between the US president and North Korea's leader in Hanoi to follow up plans for nuclear disarmament on the Korean peninsula despite the historic meeting held in Singapore in mid-2018

"North Korea has enormous potential for extraordinary economic growth, success and wealth under the leadership of Kim," he said

Trump pointed out that he is looking forward to the day, which may soon be, which testifies to the possibility of wiping nuclear weapons and sanctions

Last month , the US president ordered the withdrawal of additional sanctions against North Korea, as it was unnecessary at the moment

"North Korea can be seen as one of the most successful countries in the world," he said LINK

World Bank: $ 82 Billion to Support Digital Transformation and Infrastructure in Africa

13th April, 2019

The World Bank has pledged $ 25 billion to invest in the Digital Transformation Initiative in Africa over the next 10 years .

A statement by the Egyptian Ministry of Investment and International Cooperation said Saturday that the World Bank has also allocated another $ 57 billion to infrastructure projects in the continent over the next three years.

The bank will invest about $ 25 billion to support the digital transformation over the next 10 years in cooperation with the private sector, said World Bank Vice President for Infrastructure, Mukhtar Diop.

This came during a session on "Africa's Digital Economy" at the Spring Meetings of the World Bank in Washington, opened by the World Bank's Managing Director, Cristalina Georgieva, in the presence of Amani Abu Zeid, AU Commissioner for Infrastructure, Joseph Mochiro, Secretary of the Council of Ministers for Information and Communication Technology in Kenya, Ingabir, Minister of Information Technology of Rwanda.

Egypt is the first country in the Middle East and Africa to have a strategy for digital transformation and e-commerce, one of the key components of the country's development strategy, said Sahar Nasr, Minister of Investment and International Cooperation .

Egypt is working to attract foreign investment in ICTs and stimulate investment in emerging companies, Nasr said, looking forward to increasing foreign investments in Africa in the field of digital transformation. LINK

FATF discusses protecting the integrity of the international financial system

13th April, 2019

Dr. Abdul Latif bin Rashid Al Zayani, Secretary-General of the Gulf Cooperation Council (GCC), participated in the FATF Ministerial Meeting held in Washington, DC, on the sidelines of the International Monetary Fund (IMF) and World Bank meetings.

Members of the group, a number of international experts and specialists in money and money and combating the financing of terrorism, and international organizations competent in this area. 

The meeting discussed a number of issues and issues related to the protection of the integrity of the international financial system, ways of combating the financing of terrorism, money laundering and the financing of the proliferation of weapons of mass destruction, and discussed a number of financial reports related to this field.

The Ministers commended the important role played by the Group and their keenness to support it and develop its functions and roles. 

The statement issued by the ministerial meeting affirmed the Group's commitment to combat the financing of terrorism, money laundering and the financing of the proliferation of weapons of mass destruction as threats to international security and the stability of the international financial system and its determination to pursue all sources, channels and techniques used. 

The World Financial Group will work to address these challenges and any challenges that the international community, including the UN Security Council and the G20, will identify and pursue, and will work to stop and prosecute criminals and their criminal networks, including transnational crime syndicates. Of the exploitation of the financial system in organized crime and corruption.LINK



Hi Everyone,

I bring you much news today.

First I want to say that Friday’s newsletter did not make if off the press in time for publishing. Our gasthaus was do overwhelmed and we all worked long hours and I did not get a chance to publish. These multitudes of last minute Alpine skiers from spring have arrived. We can still see the snow high up in the mountains and much of it remains all year round. But the lower regions see mostly the skiers in winter. So as it melts below the skiers must go higher and higher to ski. The skiing there is still great and so I invite everyone to come and enjoy it.

More news….

Did everyone enjoy this stupid, totally unnecessary roller coaster ride this past week (or weeks) by these delusional so-called intel gurus. Oh – but the banks are telling us the RV is imminent. Really? How stupid! Someone should tell these idiots it is the Central Bank of Iraq that is responsible for the reinstatement of the Iraqi dinar not US banks.

This guy TNT Tony, being the leader of the delusional pack, has been saying his delusional intel now for years. Then every other gurus picks it up as their intel. Get it? Yes, his little merry band of idiots will follow him off a cliff if he told them to jump. He even invites them to his birthday parties, then smokes his weed and drinks his brandy with them.

What is delusional thinking?
Delusional comes from a Latin word meaning "deceiving.". So delusional thinking is kind OF LIKE DECEIVING YOURSELF BY BELIEVING OUTRAGEOUS THINGS. Delusional thoughts are often a sign of mental illness, but the word can also be used more loosely to describe behavior that is just not realistic.

This is the idiot that thousands of investors follow. Oh – did I mention he already has a reputation of being a network marketers scammer. He even served time in prison for his illegal mass marketing schemes. Go figure!

He can try to defame me by picking on gender. He does this because he has nothing else of importance to talk about. Since my news is always spot on how else can he dig me? Yes, it is a war between us. A war of reasoning, logic, honesty and truthfulness. He loses in all fronts.

More news….


Information / Special …
The deputy of the Fatah Alliance Mohammed al – Baldawi, on Thursday, the existence of parliamentary movement to display the cabinet cab remaining for Prime Minister Adel Abdul – Mahdi to vote in the session next Saturday 4/20.

Al-Baldawi said in a statement to Al-Mawloumah that “the Fatah and Allawi parties ended all disputes related to the Interior Ministry candidate and the matter was resolved.” He pointed out that “differences are currently confined to the Ministry of Defense, Education and Justice.”

He added that “some of the political blocs in parliament are currently active mobility within the Council to offer the cabinet cab to vote in the session next Saturday,” noting that “the political blocs do not want to pass the ministry and leave others as it would harm political agreements and may disrupt the completion of the cabinet cab again.”

The House of Representatives has lifted, on Wednesday, the eighth session of the second legislative session held today to Saturday 4/20.

More news….

BAGHDAD (Reuters) - Iraqi Prime Minister Adel Abdul Mahdi said on Friday (April 12, 2019) that Iraq would pay 11 trillion dinars out of the 2019 budget to pay its debts.

The banking sector in Iraq needs to be further developed," Abdul Mahdi said in an interview with Al Masalla. He said about 30 percent of the employees'" salaries had been settled to provide substantial liquidity. Iraq is suffering from the war on terrorism and the requirements of armaments, of large debts to pay.

(Mnt Goat – Again just more of Iraq paying it’s debts every three months. Nothing amazing here.)

More news….

Mawazine News 
The Inspector-General of the Ministry of Interior, on Friday, the next 90 days will be harsh on the corrupt.

"He added, addressing the so-called honorable:" Stay away from the corrupt, so that the non-corrupt will not mix with us. "

(Mnt Goat – I will believe it when I see it.)

More news….

Sadr's alliance said that he would not be too patient with Prime Minister Adel Abdul Mahdi to implement his government program.

The head of the coalition Hassan Aqoli in press statements, that 6 months is almost the end of the period of Iraqi government and Iraq needs quick solutions, but the reality on the ground that the people did not feel any change so far.

(Mnt Goat – remember Sadr gave Mahdi until the end of June to get his govt formed and to work the these reforms. After he will seak to replace him if these conditions are not met. What are these conditions? We read the list way back in May-June of 2018. Remember? They are in my newsletters going back to that period.)

More news….

The Ministry of Commerce signed a joint memorandum with the Ministry of Commerce and Industry in the Kurdistan region during a workshop in Erbil on the files to be completed for Iraq's accession to the World Trade Organization (WTO), as well as the need to continue to communicate to resolve any problems that occur between the Center and the region.

(Mnt Goat – this another workshop in preparation to accession to the WTO and nothing more. No RV significance.)

More news….


This week we witnessed the taking down of the remaining blast walls separating the green zone from the remaining Baghdad. Yes, they are finally gone, some 16 years after the U.S.-led invasion, life in the Iraqi capital Baghdad is starting to look like any normal bustling city once again. Things are improving.

More news….

The Iraq Britain Business Council (IBBC) held its annual Spring Conference at the Mansion House in London on 10 April, hosting officials from the UK and Iraqi Governments and delegates from the major companies operating in Iraq covering all sectors of the economy.

The conference was entitled ‘Iraq – Financing a Modern Economy’ and was organized in conjunction with the Central Bank of Iraq and the Iraq Private Banks League.

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 Finance Committee of the parliamentary, there is a significant delay in the disbursement of funds for several investment projects scheduled within the federal budget law for the year 2019, before a meeting expected with 15 governors next week.

A member of the Finance Committee MP Haneen al-Qado said in a press statement on Wednesday, April 10, 2019, that his committee "will hold an important meeting on the fourteenth of this month with 15 governors in the presence of representatives of the Ministries of Finance and Planning to question the amount of disbursements on investment projects within the budget Year 2019 and rates of achievement, "according to the newspaper" Mada ".

He added that "the purpose of this meeting is to know the funds that were spent by the Ministry of Finance as allocations for these provinces within the budget law," noting that "THERE ARE MANY PROJECTS ARE STILL LANGUISHING DESPITE THE ALLOCATION OF FUNDS TO THEM."

He explained that "THERE IS ALSO DELAY IN THE DISBURSEMENT OF FUNDS FOR SOME PROJECTS BY THE MINISTRY OF FINANCE WITHOUT KNOWING THE REASONS," pointing out that "in these meetings we will try to identify the problem and resolve to spend money for these projects."

For his part, another member of the parliamentary finance committee, said that "there is a delay in the financing of many investment projects after more than two months to pass the federal budget law," REVEALING THAT "THE PARLIAMENTARY FINANCE COMMITTEE FORMED A MINI COMMITTEE TO FOLLOW UP THE IMPLEMENTATION OF THE DRAFT BUDGET LAW OF THE IRAQI STATE "He said.

He pointed out that "the most recent projects that delayed their funds are projects located in the areas and cities restored from the control of the organization of Daash," pointing out that "the work of the House of Representatives control of government agencies in the implementation of the federal budget law approved three months ago ."

The parliamentary finance committee had previously promised to fully review the final accounts in order to hold accountable all parties and persons who were in default and causing "waste of public money." She said that she intends to draw up a comprehensive plan in the next legislative chapter to monitor all state institutions in implementing the provisions of the budget law .

(Mnt Goat – It’s called CORRUPTION!)




" The issue of signing the national currency to commemorate the name of the central bank governor has been closed, " Karbouli said in a tweet on Twitter, adding that "the seven sunken billions are forgotten."

He pointed out that "the allocation of nearly one billion dollars for the construction of one building has become an old issue," noting that "the continuous bleeding of money at the auction of currency is less than to worry officials," adding that "the disruption of domestic production in favor of imported products became a national economic policy."

He continued, "The secret of disabling the questioning of the governor of the Central Bank in parliament secret is known only to the established in science."



The independent politician Ibrahim al-Sraheid said on Monday that the financial waste in the Iraqi institutions, especially THE CENTRAL BANK, IS VERY DAMAGING TO IRAQ'S INTERNATIONAL REPUTATION, ESPECIALLY IN THE FIELD OF RECONSTRUCTION OF THE COUNTRY. This made investors reluctant to work in Iraq. Central to the relations about this waste.

"There is a big talk in the international media about the financial waste in the financial institutions, especially the central bank, which is very harmful to Iraq's international reputation, especially the institutions that seek to work with Iraq, the field of reconstruction and all investment fields, and MAKE THEM MOVE AWAY FROM," he said. Iraq because of this financial damage. "

He added that "THE APPARENT CORRUPTION RAMPANT IN THE CURRENCY AUCTION AND IN MOST OF THE ACTIVITIES OF THE CENTRAL BANK OF IRAQ DRAINS MILLIONS OF DOLLARS ON A DAILY BASIS," noting that "if the state applied its declared policy in the fight against corruption and the establishment of anti-corruption council joins several other institutions in this regard to eliminate what gets from the financial waste in the central bank. "

"THERE IS A GREAT RELUCTANCE OF INVESTORS TOWARDS THE COUNTRY, EVEN THOUGH IRAQ IS A GOOD MARKET FOR GOODS AND ATTRACTING INVESTORS, but that reputation makes the investor move away, especially as the rule in the economy is that the capital is cowardly, so these countries are afraid to take risks," he said.

He explained that "the investor needs protection in order to fortify his money," noting that "IRAQ HAD PREVIOUSLY SIGNED A MEMORANDUM TO PROTECT THE INVESTOR, BUT IT SEEMS TO BE MERE INK ON PAPER, there are no actions inside the Iraqi indicates that there is protection for the investor." He pointed out that "THERE IS PROTECTION FOR LARGE SYMBOLS IN IRAQ DELAYING THE INTERROGATION AND INVESTIGATION OF A NUMBER OF FILES OF CORRUPTION." He added that "there is a sign of surprise and astonishment why not ask the head of the Central Bank because of individual decisions and what drains the money on a daily basis?"

He said: "The answers, which were said by the relations about the damage of seven billion because of the rain has become a talk of the street and take people to spoil it, and after a week was forgotten by government authorities as if nothing was.

(Mnt Goat – So the issue with the loss of 7 billions dinars in 2013 is still not resolved. We read this article and it is not good. It is telling us that there are many laws in place to fight corruption but that they are not being enforced. Especially in the currency auctions. How many article recently have we read ackowleding this issue? Is this the fight against corrupt in the next 90 days they are talking about in another article this week? I quote from the article – “The Inspector-General of the Ministry of Interior, on Friday, the next 90 days will be harsh on the corrupt”. Or is this all just more useless talk again?)



The bank said in a statement received by the Iraqi Information Agency
that "ALL BANKS TO CONFISCATE THE DAMAGED BANKNOTES PERFORATED DISCOVERED WITHIN THE DEPOSITS OF CUSTOMERS OF THE BANK and delivered to the Central Bank of Iraq with knowledge of its source from the customer and otherwise the bank bears the legal responsibility resulting from it."

The bank added that "banks also provide damaged banknotes as a result of burning or burial to the Central Bank and its branches exclusively directly from citizens."

The current Iraqi currency consists of seven categories, including 250 dinars, 500 dinars, 1,000 dinars, 5,000 dinars, 10,000 dinars, 25,000 dinars and 50,000 dinars. The coins were withdrawn by the bank for non-circulation by the public years ago.

(Mnt Goat – I like this article because is debunks once again this stupid guru nonsense that the smaller category notes are already “trickling out”. So they are telling the denominations now in circulation and no more.)



Central banks in the countries across the world mainly aim to achieve economic stability through the achievement of monetary and financial stability in accordance with its programs and strategy, which aims to MAINTAIN STABILITY IN THE EXCHANGE OF LOCAL CURRENCIES against other foreign currencies AND BUILD SUFFICIENT FOREIGN RESERVES in accordance with international standards issued by the International Monetary Fund, Based on other criteria related to confronting crises, challenges, economic and political shocks in their countries, controlling stable rates of inflation rates, interest rates, implementing compliance regulations and rules, COMBATING MONEY LAUNDERING.

Which led the Central Bank, which assumed responsibility in 2015, to formulate a strategy for the next five years, one of the main objectives of the main and subsidiary is the adoption of transparency and disclosure locally and internationally on the progress of the results achieved for the financial sector and banking and adhere to the international standards standard applied by the banks of the world Led to the creation of a new and balanced relationship with banks and international banking institutions based on confidence in the financial statements provided by the Central Bank.

We note that the Central Bank of this strategy and this approach is announced to the local and international public opinion as follows:

1 - The statements issued by him and the Iraqi banking sector confirms the transparency and disclosure of the Central Bank of Iraq, and for the first time since 2003 at least by DECLARING RELIABLE AND TRANSPARENT REPORTS OF TOTAL REVENUE FROM THE CURRENCY FOREIGN EXCHANGE AND TOTAL EXPENDITURES OF THE FOREIGN CURRENCY OF THE GOVERNMENT ACCORDING TO APPROVED EXCHANGE RATES.

2. The data contained in his daily reports on his official website refutes all media statements authorized by non-specialists in the various media. IN PARTICULAR THE CURRENCY SALE WINDOW. I believe that the central bank's disclosure of the financial statements, especially those related to foreign currency, with the ACCURACY REQUIRED WILL GREATLY HELP TO RESTORE CONFIDENCE IN OUR NATIONAL ECONOMY AND THE IRAQI BANKING SECTOR domestically and internationally, because disclosure, transparency and credibility will increase financial coverage.

(Mnt Goat – Currency Auctions, Currency Auctions, Currency Auctions. How many times in the last couple weeks have we read about them and the corruption associated with them?

So in a previous article today (above) we read the problems Iraq is having getting investors to come into Iraq. They want to blame someone, any one and so they are now picking on the CBI. Oh – before it was all about SECURITY and fighting ISIS. Well this war has been over for years already and so now what is the problem?

This article is now telling us a five (5) year strategy to help with this problem with the CBI. Everyone knows it is time to stop the currency auctions. Sanctions have been “fully” lifted by Dec 2017 and so why continue them? They ONLY continue them for one reason. It is the corruption that is based from them. It is the billions of US dollars being taken illegally and sent to Iran. There currency auctions are the instrument in which to do this. When they go away all this stops and the CBI can no longer justify any reduction of the reserves in this regards anymore. So is the CBI also corrupt? Yes, since they have laws to prevent these crimes and nothing is being done to stop them. Oh – but they say there is no way to fully stop it. I beg to differ. Yes, they can but they must reinstate the dinar and end these currency auctions as they exist today.)



"The world should contribute to the support and reconstruction of Iraq after the achievement of the miracle," said the head of the victory coalition, Haidar al-Abadi, the ambassador of the Federal Republic of Germany in Baghdad, Cyril Jean Nun.

Al-Abadi's office said in a statement that "Haidar al-Abadi received his German ambassador to Iraq on Thursday and discussed bilateral relations in various fields and international support for Iraq in the field of reconstruction, Germany's contribution to the situation in the region and the latest developments in the country.

"Iraq, which has achieved the great victory over terrorism, IS WAITING FOR THE INTERNATIONAL COMMUNITY TO SUPPORT ITS RECONSTRUCTION, noting that the whole world saw the gangs as a terrorist threat that could not be eliminated in three or four years," Abadi said. Achieved what the world called a miracle and this requires a stronger contribution from the international community to the reconstruction of the country during the next phase. "

(Mnt Goat -Remember that Germany is the central hinge pin for the World “One World Government” in Europe and so Iraq is going Iraq is planned to be the central hub or hinge pin for the middle east and its centralized governmet headquarters. Does it surprise you they are trying desperately to deal with all these dictators? The UN must put puppet leaders in their place who will go along with the UN agenda and ideology for the world. In the US this puppet was supposed to be Hillary Clinton but the elections did not turn out that way. This is setting he UN back on accomplishing their goals. But they are patient and will continue anyway and can wait as long as they need to.)



The three Iraqi presidencies are seeking to please their masters in Tehran because of their positions on the important US decision to protect Iraq and its sovereignty over the status of Iran's Revolutionary Guards on the international terrorism list.

Al-Alusi told Ashqaf News that "with great surprise we follow the official positions of Iraq toward the important American decision to protect Iraq and its sovereignty over the status of the Iranian Revolutionary Guards on the international terrorism list, and if the distressed and the father knows that the statements made to the three presidencies do not amount to the level of national sovereign responsibility Represents a clear escape from the amount of responsibility placed on them. "

He added that "it does not differ in essence from the aggressive language of some sharp symbols of the militias, politicians and parliamentarians caused by THE DIRECT OR LATENT AFFILIATION OF THE IRANIAN REVOLUTIONARY GUARD NETWORKS DEPLOYED IN IRAQ AND THE REGION, and everyone knows that these statements is a price for the continued satisfaction of their masters in Tehran and South Lebanon as well as Not to disclose their corruption, which reached frightening stages and suspicious activities towards Iraq and its people. "

The leader of the Iraqi Umma Party said that "WE CALL ON THE THREE IRAQI PRESIDENCIES TO EXPRESS FRANK AND CLEAR POSITIONS ON THE SOVEREIGNTY OF IRAQ, defending the Iraqi people away from the faults of subordination and submissiveness to the Iranian Revolutionary Guard and its leaders stained with innocent blood.

(Mnt Goat – Remember I told you that Iran wants to keep the Iraqi dinar as low as possible and as close to their sanctioned Rial as possible. Just imagine this – the Iranian Rial is now at about 120,000 Rials to the US dollar. The Iraqi Dinar is about 1180 Dinars to the US dollar. So if Iraq reinstates the currency at just $4.00 what will happen to the Iranian Rial in trade with Iraq? The Rial will cost Iran 4 x 120,000 or 480,000 Rials to the Dinar to pay for any exports from Iraq. Do the math yourself. Since the Dinar will be four times as strong as the US dollar in the middle east this is what the cost will be to Iran if Iraq reinstates its currency and there is any significant change in value.

So in conclusion you tell me if Iran wants Iraq to reinstate its currency. You tell me that with all the influence of Iran in Iraq these days that somehow they are not influencing the CBI NOT to reinstate the Dinar. Go ahead tell me with a straight face…lol..lol..lol…

They also want to continue the abuse of the currency actions to bring billions of US dollars out of the CBI reserves over to Iran to overcome US sanction effects.

So Iran benefits two fold – 1) the continue to get billions of US dollars to overcome their US sanctions; 2)they prevent the reinstatement of the dinar to keep their cost of trade with Iraq at its current cost. )



The second week of April marked two anniversaries, each commemorated for a different reason. April 9 marked 16 years since Baghdad fell and Saddam Hussein’s statue was toppled. April 10 marked 10 years since Britain’s former trade envoy to Iraq, Baroness Emma Nicholson, founded the Iraq Britain Business Council, advancing investment and trade.

The air of optimism filling London’s Mansion House, where businessmen and politicians assembled, felt in stark contrast with the public mood in Iraq. Misery hangs heavily over a society in which unemployment rates are sky high and where the value of life is no longer respected. The weight of the fallout caused by the US-led invasion of 2003 is something Iraqis continue to endure.

In London, the slogan of the Iraq Britain Business Council (IBBC) — “Together We Build Iraq” — greeted guests at the venue.

British businesses were in strong attendance alongside Iraqi delegates led by Deputy Prime Minister and Finance Minister Fuad Hussein. There were representatives from the Iraqi Private Banks League, the Central Bank and more. The event drew major foreign players and sponsors from BP-Iraq and JP Morgan to oil giant Shell.

The conference set its sights on modernizing Iraq’s economy. The aim, in the words of Iraqi Council of Ministers Secretary-General Mahdi al-Alak, was “to target the lifeblood of the economy” through sectors such as oil, energy, infrastructure and education. ALAK EMPHASIZED THE NECESSITY OF “COMING DOWN HARD ON CORRUPTION” BEFORE IRAQ CAN TURN ITS BACK ON PAPER-OPERATING PROCEDURES.

Fintech (financial technologies) and Iraq’s transition to a cashless society featured prominently in discussions, on stage and off. The success of fintech, however, depends heavily on the behavior of the ruling political class.
CORRUPTION HAS CONSISTENTLY STOOD IN THE WAY OF EFFECTIVE GOVERNANCE and trade but those are barriers that speakers promised would be resolved to the benefit of both Britain and Iraq. The drive towards economic diversification was another promise that rests on the state’s commitment to fighting corruption so state revenues can be more evenly distributed beyond the oil and gas sector.

Although politics was strictly off the agenda, speakers commended Iraq’s security forces for defeating the Islamic State last October. Endemic corruption, LAWLESS MILITIAS, soaring birth deformities, abnormal cancer rates and dilapidated services, all major problems in the country, were nowhere to be seen on the agenda.

The economic consequences of conflict, which existing and preceding governments in Iraq have inherited, have proven profoundly challenging. The problem is exacerbated by corruption, which stunts domestic growth.
Iraq’s economic freedoms and the collapse of many of its productive state-owned enterprises, due to American-style reforms, have eroded many of the rights formerly enjoyed by local Iraqi businesses. Trade barriers in place that had protected them no longer exist.

Hussein praised the equal presence of Iraqis and Brits, barely mentioning the uneven relationship between his country and the United Kingdom. It is of critical importance to note that no regulatory framework determining trade rules, co-investments or healthy competition exists.

As wealthy British Iraqis are presented with invaluable opportunities to invest in their ancestral lands, at such events, one cannot erase from recent history the memory of the suffering of native businessmen and women in farming, psycho-social care or copper production — many of whom are unsupported by the state.


“It just means that more people want a share of the pie,” said the owner of the Iraqi private bank, who did not wish to be identified.

“THE SALE AND AUCTION OF THE US DOLLAR IS ANOTHER MAJOR PROBLEM,” the banker added, referring to a practice that Iraq uses to exchange the dollars Iraq receives in oil income to dinars through private banks. THE PRACTICE IS PARTICULARLY HARMFUL BECAUSE IT LACKS TRANSPARENCY AND INVITES UNVETTED ACTORS. It has facilitated money laundering and weakened exchange rates. Still, the auctioning of the dollar is something the central bank has dogmatically defended.

The Iraqi street, whose concerns have been loudly voiced and whose anger has been seething for some time, was strategically kept out of the debate.




The Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein and his accompanying delegation held a series of bilateral meetings with a number of ministers and officials of the financial and economic circles in various countries on Sunday. The Information Office of the Deputy Prime Minister for Economic Affairs said in a statement, "

Hussein met with US Treasury Secretary Stephen Nochen, and reviewed with him the latest developments on the political and economic arenas and ways to strengthen bilateral relations between Iraq and the United States of America." He also noted that "Hussein also met with the Minister of Finance and Treasury of the Republic of Turkey, Minister of State of the Ministry of Finance Piotr Noak, separately discussed with them bilateral relations and means of developing trade exchange between the two countries as well as the decisions of the Kuwait Conference. "

"He also met with the Minister of Cooperation of the German Ministry of Economic Cooperation and Development, Norbert Barthill, and discussed with him the efforts to provide services and reconstruction and repair the cities destroyed by military operations after the expulsion of the so-called Islamic State Organization and the training needs and capacity development in the institutions of the Iraqi government."


(Mnt Goat – Again I will believe it when I see this so-called recent desire to fight corruption. It is all just rhetoric to satisfy their politics. That is all it ever is!)


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. The major war with ISIS has been over since Dec 2017. Let us all know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians and secret societies who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption and enslavement of people in Iraq and 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 reinstatement of the Iraq dinar occurs.


“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 Republics of Iraq and of the United States of America to the much-deserved prosperity and abundance.

To do this 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