ABOUT THE NEWSLETTER:
May 1, 2025 Mnt Goat News Brief
Guten Tag everyone:
I have some news for you today.
GIVE A GIFT TO MNT GOAT
I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below.
Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. As I am saying this take time and is like a third job.
I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.
Let’s all try to chip in!
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James 1:5
But if any of you lacks wisdom, let him ask of God, who gives to all generously and without reproach, and it will be given to him.
More news….
GRAPH: IRAQ IS MOVING TOWARDS THE BIG MONEY MAP
When money speaks, hesitation falls silent. Iraq is recording major investment leaps and shifting its economic compass toward digitalization with confidence that speaks the language of heavy numbers.
More news….
THE FOURTH ROUND OF IRANIAN-US NUCLEAR TALKS IN ROME ON SATURDAY.
Iranian Foreign Minister Abbas Araqchi announced on Wednesday that the fourth round of nuclear talks with the United States, mediated by Oman, will be held in Rome on Saturday. “We will also hold a meeting with three European countries on Friday, the eve of the talks.”
France, Britain, and Germany remain party to the landmark 2015 nuclear agreement with Iran, along with China and Russia.
Just in: The latest round of indirect nuclear talks between the United States and Iran mediated by Muscat, scheduled for Saturday, has been postponed for “logistical reasons,” Oman’s foreign minister announced. “For logistical reasons we are rescheduling the US Iran meeting provisionally planned for Saturday May 3rd. New dates will be announced when mutually agreed.”
STATUS OF THE RV
Welcome to May. Yes it is May already and still no RV on the contrary to what most of these idiotic intel guru idiots bring you. It is NOT all done!
The Iraqi dinar saga continues. We are waiting the hear news of a fourth Iranian deal rescheduled with the U.S., then see what comes next. Also, in the news this period we learn of the rare earth minerals deal that was finally completed with Ukraine. We also learn more about the correspondent banks working with Iraq and Iraq’s determination to be a sovereign nation and an update on the Oil and Gas law. There is nothing devastating in the news this period except that with the drop in oil prices the Iraq economy will suffer and many projects will be put on hold.
There was a recent article about the Project to Delete the Zeros, however it was a repeat of an old articles from last year. Many of the intel gurus took it upon themselves to evaluate it. My CBI contact told me there is a high probability it will be executed this year and that is all she would tell me.
In the news….
😊We learn in the article titled “THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS.” On Wednesday, April 30, 2025, Mazhar Mohammed Salih, advisor to the Prime Minister for Financial Affairs, spoke about the repercussions of linking Iraqi banks to American banks.
“As long as Iraq is within the dollar zone like other OPEC countries, with the US dollar constituting the majority of its financial assets from oil revenues, it is in our country’s interest to deal equally with the US commercial banking system as a global correspondent power for national banks, especially when dealing with more than one US bank operating globally (Global Bank) that has major global branches and arms, ” Saleh said in a press statement followed by Al-Jabal.
This news is of course fantastic news, as it is showing us that Iraq is slowly getting back to normalcy and the final nail on the currency platform is done. We must think of why the currency auction was set up in the first place and know it had to entirely end someday. I believe this day is coming in June and this article in the news now shows us more proof of this effort.
☹In another article today titled “THE IRAQI ECONOMY IS UNDER THREAT. AN EXPERT WARNS OF THE REPERCUSSIONS OF RELYING ON OIL” once again we hear news of the necessity to get off the “rentier” oil economy for Iraq and diversify its revenues. I have talked many times about the fall of oil as the main energy source. It may take a bit more time but when these three new sources of energy surface (as the prophets tell us they soon will) this will kill the oil industry forever (as we know it today). But remember folks don’t go off half-cocked. Things take time and don’t move at your pace. But these changes will occur and now we are hearing more and more the reasons to get off oil. These changes are close at hand.
😊Many of us investors are afraid that Iraq will go to “hell in the hen basket” should the U.S. military completely pull out of Iraq again, as in 2011. This fear is justified and the Iraqi state knows it themselves. The past big push was by the Iranian influencers in Iraq who want Iraq as their puppet state. But this is all changing. Iraq is moving away from the puppet state of Iran. We read in the article titled “TRUMP RECEIVES RECOMMENDATION TO EXTEND US FORCES IN IRAQ UNTIL 2029” that president Trump receives recommendation to extend US forces in Iraq until 2029. Shafaq News/ The New Line Institute, an American think tank specializing in political and military affairs, recommended that the Trump administration extend the presence of US forces in Iraq until 2029, warning of the danger of a sudden withdrawal to the capabilities of Iraqi security forces and efforts to combat ISIS. So, as an investor I would not worry about this 2011 situation occurring again. Remember this is what eventually led to ISIS moving into Iraq and the ISIS war in Iraq. A very bad move by the Obama administration, as Obama was more concerned about keeping a campaign promise in 2011 to get re-elected than he was for the security of Iraq. But this is what the “swamp” does. They only think about themselves and every move is all about their next election. We all know the devastation this very bad decision caused the Iraqi people and the delay in what we want – the RV. Do you realize this caused a delay since. This ISIS war also changed the foreign policy towards Iraq to what we have today and president Trump inherited.
😊However, Iraq is still trying to climbing the uphill battle out of the hole to gain their “full” national sovereignty status. Actions speak louder than words. In the article titled “FOREIGN MINISTER: IRAQ IS COMMITTED TO PRESERVING ITS NATIONAL SOVEREIGNTY,” we find the Foreign Minister Fuad Hussein affirmed on Wednesday that Iraq is committed to preserving its national sovereignty. A statement by the Foreign Ministry received by (Al-Youm Al-Akhbariya) stated that “Foreign Minister Fuad Hussein held a roundtable with American media outlets at the Iraqi Embassy in Washington, D.C., to review the most prominent regional and international developments and highlight Iraqi foreign policy priorities, stressing “the Iraqi government’s keenness to strengthen partnership with the United States in the political, security, and economic fields.” I want to add that taking up this new foreign policy with the U.S. under the Trump administration will be the most opportunity Iraq will have to move ahead to financial freedom. To me Iraq will not be free until they obtain the full DFI funds and are able to reinvest this money as they desire, such as in sovereign funds. The option to get off the petro-dollar may not happen until president Trump can get the US off the oil backed dollar and back to the gold standard. We can see this now occurring soon. Also Iraq will need their currency returned to them and traded on a global scale. Remember this is the road to the RV.
☹As investors we have also been watching for the Oil and Gas law/referendum required by the new Iraqi constitution of 2005. Depending on the day of the week or the hour of the day the news on this topic can switch back and forth. One day we hear it is being passed on to parliament and the next day we hear it will not even be considered in the current session. See article titled “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.” A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue. Raouf told Al-Maalouma, “The current session of Parliament is in its final days, and it is unlikely that the oil and gas law will be passed during the remaining period, even though the draft law has been in existence for nearly twenty years.”
God keeps telling his prophets that the abundance and prosperity is coming. I keep asking when just like all of you. Yes, I am also frustrated at times as our gasthaus can use the funds to clean up some outstanding bills. So, we must continue to pray and pray hard. If you are paying attention to the news from the first 100 days of the Trump administration this gives us HOPE. We have already seen the seeds being sown for the harvest only now we have to watch them grow and be patient.
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What can we as investors do right now?
- Pray and pray that nothing will mess this up….
- Be very patient….
- Do not sell your dinar….
- No more intel guru talk….
- No more NESARA / GESARA crazy talk
- Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
- Don’t over speculate and set unjustified expectations
Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!
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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much more! Now that God has his biblical David re-elected we need to pay attention to what He does next.
God told us it will be an “hypnotic November” and turbulent until next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.
These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.
NOTE: These prophecies just keep getting better and better, giving us HOPE of a bright future. But the real reason why I listen to them is that we can actually see what God says He will do taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.
From God to the PROPHET: Julie Green
“Murders and Forced Suicides By the Establishment Are All About To Be Exposed”
Prophecy can be found at the 16:52 mark. April 27th.
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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?
Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.
Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.
Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.
This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!
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PROPHECIES FULFILLED: How do we engage the prophecies? Are they really a voice from God? So, as we listen and time passes, we step back and analyze what happened and compare to the prophetic words spoken.
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US-UKRAINE RARE MINERALS DEAL IS COMPLETED.
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DNI Tulsi Gabbard Reacts to America Signing Ukraine Minerals Deal.
Will this help Americans at Home? Do you even know that over $350 billion in aid was given by America to Ukraine?
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TREASURY SECRETARY BESSENT JUST REVEALED THE USA’S GRAND MASTERPLAN TO BALANCE THE GLOBAL FINANCIAL SYSTEM
How is all this related to the RV? Do you want to know how the Iraqi dinar fits into the total plan? Bessent talking about the balance in the financial system folks! Did my CBI contact not tell us the RV was going to be used to infuse lots of liquidity into the system but only under a balanced” system. I couldn’t hardly believe that he even used these exact terms. To me putting currencies on a “level playing field” is part of the balancing process. Bessent even mentions this in this speech and interview below. Go figure! Everyone should take the time to listen to these videos today. Folks, this is the plan. Yes, everyone always wants to know what is holding up the RV, well here you have it folks. This is part of it.
This Is Treasury Secretary Bessent’s Most Important Interview Yet.
IS THE NEWS MEDIA FINALLY ADMITTING YEARS OF MISTAKES IN “FAKE” NEWS?
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ARE YOU SICK AND TIRED OF ALL THE LIES ABOUT THE TRUMP’S TARIFFS?
Do you want to know the TRUTH? Yes, there is a long-term plan. It is not chaotic.
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TRUMP’S 1988 PREDICTION ABOUT BIDEN AND OTHER THINGS CAME ABOUT
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HOW KLAUS SCHWAB USING THE WORLD ECONOMIC FORUM AS HIS STAGE, IS DAMAGING BRITAIN – by GODFREY BLOOM
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WHO REALLY RULES THE UK TODAY ANYWAY?
Seems we have been asking this question too in the US during the last 4 years? Could this be a global conspiracy….????
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IS BRIGITTE MACRON REALLY A MAN?: ONE COINCIDENCE TOO MANY
Please go watch a four part series sponsored by Candice Owens on what she found to answer this question. First of all why would anyone even ask this question.
You can visit the Mnt Goat Archives April 10th Newsletter here to continue watching the entire series of FACTS. Remember just because the deep state establishes a personality to use does not mean it is the background of the person in question. In other words, Brigitte’s past may be the past of someone else and just used to establish her/his credibility. The “official” records show Brigitte had a prior marriage and two children. No one is questioning these facts but they are actually talking about another person not Brigitte. You see, they take on the personality of someone else. They even photo shop pictures. They are good at this. However, they are getting caught now and the game is over. Just like in the U.S. with Clintons and Obamas they need to use the family structure to get into the hearts of the citizens to vote for them. Folks, it is all a lie and facade.
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Pray, Pray, Pray & Pray some more!
Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”
You don’t have to be Catholic to pray….lol..lol.. As a Christian, praying the rosaries for me is my way to pray and has had a significant impact on my life and focus during this Easter season and throughout the year. I find it is good to remember the Stations of the Cross during lent and what our savior did for us. In know many of you may not be Catholics or even Christians but try to take a different approach this Easter. Try to see what all the fuss is about Christ. Put yourself in Christ shoes (or should I say sandals) as an ordinary person in today’s world. You can quickly see that the nature of man has not changed very much and if Christ were born today, many would probably try to crucify him. Have we not learned anything?
We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?
Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:
THE IRAQI ECONOMY IS UNDER THREAT. AN EXPERT WARNS OF THE REPERCUSSIONS OF RELYING ON OIL
Economic expert Faleh Al-Zaidi warned on Tuesday of the repercussions of Iraq’s continued reliance on oil revenues without taking actual steps to diversify the national economy, stressing that this approach makes the country vulnerable to fluctuations in global markets.
Al-Zaidi explained in a statement to the Al-Maalouma Agency that “oil revenues are by nature subject to fluctuations in the international market and are beyond the direct control of the Iraqi government,” noting that “global political factors often affect oil prices.”
He pointed out that “the trade policies pursued by former US President Donald Trump, including the imposition of tariffs, contributed to an economic recession that affected several countries, including Iraq.”
Al-Zaidi added that “the success of the ongoing negotiations between the US and Iran will have a positive impact on the region, but it has two contrasting effects on Iraq. On the one hand, lifting sanctions on Iran may contribute to increasing oil production and improving gas supplies, which would address some of the electricity shortage problems in Iraq. On the other hand, the increase in oil supply may lead to lower prices.”
He stressed the need to “diversify the Iraqi economy and develop alternative sources of income,” warning that “continued reliance on oil will force the country to resort to borrowing if global prices decline.”
It’s worth noting that Iraqi oil prices fell today in conjunction with a decline in global oil prices as investors lowered their expectations for demand growth due to the ongoing trade war. Iraq has witnessed significant volatility in oil prices since Trump imposed tariffs on most countries around the world, causing a global economic recession.
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IRAQ INVITES MIKE WALTZ TO VISIT BAGHDAD AND SEE THE POSITIVE DEVELOPMENTS ON THE GROUND.
Foreign Minister Fuad Hussein invited US National Security Advisor Mike Waltz on Tuesday to visit Iraq and observe the “developments” taking place in the country on the security, political, and economic levels. The Foreign Minister meets with the US National Security Advisor at the White House to discuss regional issues and bilateral relations.
On Tuesday, April 29, 2025, at the White House in Washington, D.C., U.S. National Security Advisor Mike Waltz received Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein. The meeting was attended by Eric Trager, Middle East and North Africa Policy Officer, and Matt Vilansky, Director of the Iraq and Syria Office.
At the beginning of the meeting, Mr. Waltz welcomed the Minister’s visit, stressing the importance of continuing dialogue and coordination between the two countries.
For his part, Minister Fuad Hussein gave a detailed presentation on his visit to Washington, outlining its objectives and the outcomes of the bilateral meetings he held with senior US officials.
The two sides discussed the security situation in the region and current challenges. They also discussed the progress of the ongoing negotiations between the Islamic Republic of Iran and the United States of America, emphasizing the importance of reaching agreed-upon outcomes consistent with President Donald Trump’s policy of resolving regional issues through peaceful means.
On another topic, the meeting addressed the issue of oil exports from the Kurdistan Region of Iraq and the outstanding issues between oil companies on the one hand, and the regional and federal governments on the other.
The two sides also reviewed developments in Syria and ways to support regional stability.
At the conclusion of the meeting, Minister Fuad Hussein affirmed that the security situation in Iraq is stable and secure, noting that Baghdad is preparing to receive Arab leaders on May 17th during the Arab Summit.
He also invited the US National Security Advisor and his team to visit Iraq and observe the positive developments the country is witnessing on the security, political, and economic levels.
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TRUMP RECEIVES RECOMMENDATION TO EXTEND US FORCES IN IRAQ UNTIL 2029
Trump receives recommendation to extend US forces in Iraq until 2029Shafaq News/ The New Line Institute, an American think tank specializing in political and military affairs, recommended that the Trump administration extend the presence of US forces in Iraq until 2029, warning of the danger of a sudden withdrawal to the capabilities of Iraqi security forces and efforts to combat ISIS.
The website stated in a report translated by Shafaq News Agency, “Following a sharp regional escalation that severed ties with Iran and its proxies in the Middle East, the United States finds itself in a new strategic position in Iraq and Syria, where Iranian influence and capabilities have suffered a severe blow. With the rapid and sudden departure of the Assad regime, allied with Tehran, and the retreat of the Islamic Revolutionary Guard Corps units and forces loyal to it during Israeli strikes, new opportunities loom for American interests in the region.”
The report added, “With Iran’s grip on Damascus and Baghdad weakening—as evidenced by a sharp decline in Iranian and Iranian-backed militia strikes on US assets and partners—the United States and its partners in the Global Coalition to Defeat ISIS face fewer distractions and more room to improve the capabilities of their local partners.”
ISIS is lurking in Iraq
The report indicated that “ISIS fighters have increased their momentum in the Syrian desert in preparation for a return across the border into Iraq, a concern that has prompted the Iraqi federal government to sound the alarm and seek a long-term security partnership with the United States.” It explained that “Baghdad has already expressed initial interest in extending the US timetable for military withdrawal from Iraq, adding three years to the already vague withdrawal plan to hedge against Iran and sudden instability.”
He continued: “The United States has long viewed the rapid timetable for withdrawal from Iraq as an opportunity for Iran, ISIS, and other malign regional actors, jeopardizing regional stability and human security. Washington also has a difficult history with hasty withdrawals from counterterrorism missions.”
He noted that “decision-makers are still haunted by memories of the failed withdrawal from Afghanistan in 2021, in addition to the fact that just three years after US forces concluded their combat mission and withdrew from Iraq, they found themselves returning to the country to fight a new terrorist organization that exploited the vacuum left by US forces.”
He explained that “the second Trump administration represents the beginning of an ambiguous chapter for the American forward presence in the Levant. The new administration has repeatedly expressed its desire to transfer responsibility for regional security in the Middle East to its partner, Israel, and to carry out an immediate military withdrawal. Given its skepticism about the usefulness of a small American forward presence in Iraq and Syria for Washington’s interests, it is likely that President Donald Trump will authorize a rapid withdrawal of American forces from Iraq and Syria.”
The report stressed that “policymakers in Washington and their partners abroad must assess the scenarios that will unfold following the US withdrawal, including how civilian and military missions outside the international coalition, such as the NATO mission in Iraq, will be able to survive on their own, how local forces such as the Iraqi Security Forces and the Syrian Democratic Forces will be able to repel threats from ISIS and pro-Iranian militias without US assistance, and how external actors may seek regional competition or political influence in place of a long-term US presence and partnership.”
Recommendations to stay
The report recommended that Washington seek to “diversify its security influence in Iraq beyond its military presence and capacity-building efforts with Iraqi military forces, and seek to revive cooperation in law enforcement, counternarcotics efforts, border security initiatives, and other areas of coordination.” It noted that “facing a potential US withdrawal from Iraq and Syria or an extension of the withdrawal schedule until 2029, NATO and the European Union should coordinate with Iraqi security forces to develop a strategy for their future presence in Iraq and identify gaps that their missions can fill as the fight against ISIS draws to a close.”
He noted that “with the possibility of withdrawal, the United States should seek greater coordination with other military and civilian capacity-building missions, such as the NATO mission in Iraq and the European Union civilian mission in Iraq, as a sudden US military withdrawal would make these operations vulnerable without careful planning.” He explained that “NATO and the European Union should engage in multilateral discussions with the US government, the Iraqi government, and the Kurdistan Regional Government to develop a strategy for their presence in Iraq in the wake of a potential US withdrawal.”
The US report concluded that, “With ISIS attacks and activity increasing since the fall of President Bashar al-Assad’s regime in December 2024, the United States should encourage the Kurdistan Regional Government and the Iraqi federal government to cooperate with the new Syrian administration and the Hashemite Kingdom of Jordan to increase cooperation on counterterrorism, intelligence, and security, in anticipation of the possibility of ISIS infiltration from the Syrian desert into Iraq and possibly Jordan.”
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FOREIGN MINISTER: IRAQ IS COMMITTED TO PRESERVING ITS NATIONAL SOVEREIGNTY.
Foreign Minister Fuad Hussein affirmed on Wednesday that Iraq is committed to preserving its national sovereignty.
A statement by the Foreign Ministry received by (Al-Youm Al-Akhbariya) stated that “Foreign Minister Fuad Hussein held a roundtable with American media outlets at the Iraqi Embassy in Washington, D.C., to review the most prominent regional and international developments and highlight Iraqi foreign policy priorities, stressing “the Iraqi government’s keenness to strengthen partnership with the United States in the political, security, and economic fields.”
He stressed that “the government is working hard to reduce dependence on imports and enhance national capabilities in the field of energy production by diversifying international partnerships and activating new agreements with a number of countries, in addition to benefiting from global expertise in the field of renewable energy and investment in associated gas.”
He explained that “the presence of American forces falls within the framework of training and advisory support missions, and not within the framework of combat, stressing Iraq’s commitment to preserving its national sovereignty, its keenness to continue security cooperation, and preventing the return of the terrorist organization ISIS, while affirming non-engagement in any regional conflicts.”
Regarding the humanitarian situation in Gaza, he reiterated “Iraq’s firm position in support of calm efforts and its rejection of targeting civilians, stressing that stability in the region will not be achieved without reaching a just and comprehensive settlement.” for the Palestinian cause.”
The meeting also included discussions on developments in the nuclear negotiations with Iran, Iraqi-Syrian relations, and the importance of supporting efforts to combat terrorism and extremism in the region. In this context, according to the statement, he stressed “Iraq’s endeavor to play an effective and balanced role in its Arab and regional environment, based on the principles of mutual respect and common interests.”
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THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS.
On Wednesday, April 30, 2025, Mazhar Mohammed Salih, advisor to the Prime Minister for Financial Affairs, spoke about the repercussions of linking Iraqi banks to American banks.
“As long as Iraq is within the dollar zone like other OPEC countries, with the US dollar constituting the majority of its financial assets from oil revenues, it is in our country’s interest to deal equally with the US commercial banking system as a global correspondent power for national banks, especially when dealing with more than one US bank operating globally (Global Bank) that has major global branches and arms, ” Saleh said in a press statement followed by Al-Jabal.
He pointed out that “the Central Bank of Iraq’s efforts to link national banks with major banks and financial institutions in the United States, with more than one bank that enjoys international standing, is an important means of providing economic stability and improving the investment, trade, and development climate in our country through integration with the dollar trade, banking, and investment zone, which remains one of the strongest and most important monetary zones in the world.”
He stressed that “reducing the costs of foreign banking transactions requires direct banking cooperation with more than one American (Global) bank, and that the Central Bank of Iraq is moving in the right, open, and rapid direction in assessing its priorities to serve the stability of the national economy at the level of foreign banking transactions and implementing them with the required speed and high guarantees.”
He pointed out that “the second American bank is responsible for providing opportunities for Iraqi banks as a global correspondent bank with multiple branches and operations to quickly implement banking operations, whether in transfers or financing foreign trade for our country’s markets, without obstacles and with transparency and high governance. In addition, it provides financing and credit lines for trade and investment in Iraq, as well as benefiting from digital banking services and highly advanced international standards, which will bring our national banks to the required global level. These are factors that encourage the investment and business climate in our country at the same time, in the midst of integration and cooperation with the international banking system.”
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TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.
A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue.
Raouf told Al-Maalouma, “The current session of Parliament is in its final days, and it is unlikely that the oil and gas law will be passed during the remaining period, even though the draft law has been in existence for nearly twenty years.”
He added that “the current government, headed by Mohammed Shia al-Sudani, had promised to pass the law within the first six months of its formation, but this did not happen due to ongoing disagreements and the failure to reach a final political consensus on it.”
He pointed out that “failure to pass the law in this session will postpone the resolution of the oil and gas issue again, despite its importance in resolving the outstanding issues between Baghdad and Erbil, regulating the extraction and export process, and ensuring a fair distribution of revenues.”
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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just 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.
Auf Wiedersehen
Much love to ya all,
Mnt Goat
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