ABOUT THE NEWSLETTER:
May 8, 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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Luke 6:38
Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you.”
More news….
TALKS ARE GOOD SO FAR. J.D. VANCE: A POTENTIAL DEAL COULD BRING IRAN BACK INTO THE GLOBAL ECONOMY.
US Vice President J.D. Vance described US talks with Iran on Wednesday as “good so far,” saying an agreement would be reached that would reintegrate Iran into the global economy while preventing it from acquiring a nuclear weapon.
Vance added that President Donald Trump hates nuclear proliferation and is open to sitting down with Russia and China in the coming years to discuss reducing the number of nuclear weapons in the world, according to the Economic Times.
(See Articles Section for the entire article)
More news….
AS TRUMP’S VISIT TO THE REGION APPROACHES, IRAQ IS EXPECTED TO PLAY A ROLE IN THE ARAB SUMMIT IN BAGHDAD.
Political analyst Talib Mohammed Karim asserted that the upcoming Arab Summit in Baghdad, coinciding with an anticipated visit to the region by former US President Donald Trump, could reshape political roles and give Iraq a prominent position on the regional scene.
During his appearance on the “Free Talk” program on Al Furat satellite channel, Karim said, “This is not the first summit that Baghdad has hosted since 2003; but it comes at a sensitive time when regional changes are accelerating, which may push Iraq to the forefront of the summit’s political discussions.”
He pointed out that “the importance of the summit lies in its moral dimension for Iraq, as it is one of the founding states of the Arab League and seeks to consolidate its position as a regional and international political player.”
(President Trump will be formally attending the Arab Summit in Baghdad soon. WOW, WOW, WOW! Do you know the extent of good news this is? I do not know if he intends to talk about the dinar reinstatement but this measure can certainly not be bad for Iraq, that is for sure. Remember he also visited Iraq while president in his first term to talk and comfort the US troops stationed there. That trip was in secrecy. Do you think Iraq is stable? See Articles Section for the entire article)
STATUS OF THE RV
As May is rolling on, I want to say congratulations to all you graduates this year.
This Status Of The RV today is a long read again, yes again…sorry! It summarizes the articles in the Articles Section. There is some “WOW!” news. You might want to sit down, relax and get a cup of hot tea or coffee. There is lots to go over. This is very exciting times.
I wanted to bring you today’s amazing news, all of which is very exciting news. If you have been following my blog, and actually reading the articles and commentary, then you know what is coming VERY SOON. When reading today’s news please don’t go off half-cocked since I am not saying the RV is going to happen in June or any other date. We are still subject to the reform process of the U.S. in the region and when the political process catches up the RV will happen. I am very certain of my statement.
As I present the evidence of today there is a high probability that something BIG is about to happen. As I tried to explain to you in my last Newsletter dated 05/06 there is also FAKE and PROPAGANDA news channels inside Iraq too. These channels don’t want to expose all the good news and current progress of Iraq. They want Iraq to fail. They are half-empty news channels. Instead of the real news, they highlight the negative, sort of what we already learned years ago and so where is all the progress since to report? That is the sad part about the fake news. They twist the facts, while still staying within some boundaries of reality but not the entire truth. Their glass is half empty.
So, today I am going to report of some VERY positive news. Yes, the glass is really half full or maybe even overflowing….
I believe the pivot point for us investors is all riding on the Iranian talks. Not a single event but a pivot point. What will come of Iran is also part of the fate of Iraq. We can also see now the parallel market is all about to be fully broken and the dinar is rising every day. We look forward to June. Remember also that these correspondent banks for the remaining 5% of the foreign transactions is slowly being implemented, with a completion target by June, not starting in June. Get it? So, now we gradually hear about the decline of the dollar and rise of the dinar. This is a target for the CBI not my target.
The IQD is rising!
Upon reading these articles today on the rising IQD don’t forget that the dinar is still solely pegged to the U.S. Dollar. When will the IMF complete the repeg to the basket of currencies from the 6 major developed countries? This probably will not happen until the reinstatement occurs and will be part of it when it goes live on FOREX.
😊I will begin the good news by bringing to your attention an article titled “THE DINAR IS RECOVERING. THE DOLLAR’S VALUE IN IRAQ HAS FALLEN DUE TO LOCAL MEASURES.”
Iraqi markets have witnessed a significant decline in the dollar exchange rate against the dinar over the past few days (past few weeks), following months of fluctuations and price increases that sparked public concerns and market turmoil. Exchange offices and the local stock exchange in most Iraqi governorates recorded a decline in the dollar exchange rate against the Iraqi dinar on Tuesday, part of a slight and gradual decline that has been ongoing for days. This decline has been going on for weeks not days, just to be clearer. We read about it weeks ago in the news, remember?
😊 Another article in the news about the rise of the dinar is titled “THE CENTRAL BANK’S TRILOGY CURBS THE PARALLEL MARKET. THE DOLLAR DROPS TO A HISTORIC LOW FOR THE FIRST TIME SINCE 2022.”
The Iraqi dinar has seen a significant improvement in its value against the US dollar in Iraqi markets over the past few weeks, with the hard currency declining for the first time since 2022, reaching 141,000 per $100 dollar. Before Ramadan, the dollar exchange rate hovered around 150,000 dinars per $100. During Ramadan, the dollar exchange rate remained relatively stable at around 147,000 to 149,000 dinars per $100. However, with the beginning of April, coinciding with Trump’s announcement of a tariff war, the dollar exchange rate in Iraq declined rapidly, reaching 142,000 dinars per $100 today.
😊Yet Another article in the news among dozens again explaining the situation in the fall of the dollar and the rise of the dinar. This article is much more truthful and as I explained before that some articles talk about the glass being half full and not half empty like the article above. This one is titled “THE DOLLAR CONTINUES TO FALL IN IRAQ. IS THE MARKET APPROACHING THE OFFICIAL RATE? Financial and economic expert Alaa Al-Fahd predicted on Wednesday (May 7, 2025) that the dollar exchange rate will continue to decline in the Iraqi market over the coming period, noting that the gap between the official price and the parallel market price is close to disappearing. He added, “The Central Bank’s continued coverage of foreign trade and regular dollar sales to banks will push the parallel market exchange rate further downward, and we may soon see it reach the official rate.” With the Central Bank’s recent measures, expectations indicate a gradual return to stability and a narrowing of the gap between the two rates “
Did you read the article above? I quote from it “gap between the official price and the parallel market price is close to disappearing”. 😊😊😊
So, what does this mean to us? I have already outlined what this means in a previous Newsletter but I will review it again today. My CBI contact told me, and still tells me, that when this gap is narrowed to a point or the gap disappears entirely between the two rates, the CBI fully intends to conduct another revaluation of the dinar. This will be the second of two major in-country revaluations of the “official” rate. Remember that stability is important and so how long prior to this next in-country revaluation occurs? This is the question that nobody can answer. We have read in policies that 90 days of stability is required? A check on inflation? So, we don’t know at this point if they will follow through on this or not.
😊Next, let’s take a look at the upcoming Arab Summit in Baghdad, coinciding with an anticipated visit to the region by former US President Donald Trump. Are these two events interconnected? Here are two articles on this subject matter titled:
“THE MOST IMPORTANT FILE”: REVEALING WHAT IRAQ WILL OFFER AT THE ARAB SUMMIT IN BAGHDAD” and
“AS TRUMP’S VISIT TO THE REGION APPROACHES, IRAQ IS EXPECTED TO PLAY A ROLE IN THE ARAB SUMMIT IN BAGHDAD.”
Will President Trump formally attending the Arab Summit in Baghdad? Do you know the extent of good news this is just that his visit coincides with the summit? I bet he does speak at the summit. What do you think, would he would miss such an opportunity? Remember, Trump also visited Iraq while president in his first term to talk and comfort the US troops stationed there at Christmas time. That trip was in secrecy. He also met with Iraqi officials too and planned out the assassination of the Iranian generals.
Do you think that Trump’s visit is a sign of stability in Iraq. See my Articles Section for the entire article on this subject matter.
Here is the BIG question everyone should be asking – Will Trump be a speaker at the summit? It has not been announced yet if he will, but I believe there is a strong possibility. This summit could reshape political roles and give Iraq a prominent position on the regional scene. So, we are also watching this summit closely.
Folks please don’t go down the ridiculous road of the idiot intel gurus speculating that President Trump is going to announce the RV in the summit. This is childish and those that do it should be banned from your intel sources. He may, however, talk about balancing out currencies throughout the middle east for fairness of trade among other topics. Remember TRUMP is big on FAIR TRADE. Also remember that the upcoming boom in Iraq is not going to be supported by a 1320 official rate either.
😊Oh…. But there is one more goodie article to review on this subject matter. It is titled “THE UNITED NATIONS AND 18 COUNTRIES MEET WITH THE IRAQI BANKING SECTOR TO DISCUSS BANKING RELATIONS AT THE HEADQUARTERS OF THE ASSOCIATION OF PRIVATE BANKS.” Under the auspices of the United Nations Assistance Mission for Iraq (UNAMI), the Iraqi Private Banks Association organized a meeting that included Arab and foreign ambassadors, representatives of international organizations operating in Iraq, and Iraqi banks, with the attendance of the Central Bank of Iraq.
So, I will leave it to you to go read the article in the Articles Section. Can you see what is happening? Iraq is slowly becoming a global figure, an important figure with all their resources to offer. Is the UN reviewing all the progress in Iraq? Are they doing this for a reason? Is Iraq about to go “global”? This will mean a “global” currency.
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The banking reforms continue….
😊Now let’s talk more on the ongoing banking reforms. In the article titled “REFORM PLAN TO ALIGN BANKING SERVICES FOR IRAQ’S PRIVATE AND PUBLIC SECTOR WORKERS”. We read that Iraq’s Private Banks League has announced a plan to integrate private sector employees into the national banking system, granting them access to loans and financial services under terms similar to those offered to public sector workers. The move is part of a broader banking sector reform effort guided by international consulting firms Ernst & Young and Oliver Wyman. Ernst & Young is focused on restructuring Iraq’s public banks, while Oliver Wyman is leading reforms in the private sector.
“Our priorities for revitalizing the banking sector focus on building trust between citizens and banks, which means increased banking activity in the future.
Remember that now that the currency auctions no longer generate an income for the banks based on commissions for these transfers of money for trade, how will the banks survive? This is actually a question in the news over a decade ago. The solution has been implemented and is ongoing. You can see now why the solution is a gradual one, thus this all adds up to the delay in the RV too, get it? By gradual I mean they must transition off the currency auctions slowly and at the same time attack liquidity for these loans. Remember they could not get off the currency auctions of the past, until the UN sanctions were released, thus paying full war reparations to Kuwait. This was not completed until Dec 2022 and so again we see the delay in the RV process. I know I keep going back to the release from Chapter VII in the hope everyone can get why the delays in the progress of the RV. You do want to know? Now you also see that you can’t rush the economy either.
So, there must be other financial products the banks can use to generate income. They have to transition over to the normal banking practices and get out to the mindset of the sanctioned currency process (the currency auctions). Part of this banking effort is the loan business and so we read about yet another move in this area. As stated, this move is part of a broader banking sector reform effort guided by international consulting firms not the CBI alone. The expertise is being applied. It will be successful. Everyone also needs to keep in mind that the Rashid and Rafidain banks are planned for a merger into one new bank called the “New Rafidain Bank” after undergoing extensive reforms to bring both banks into alignment with international standards.
We have to ask ourselves why would the CBI go through all this effort if they were not keen on going international and conducting international trade? Don’t you think they will need an international currency to be most proficient in this matter? Then what about the WTO. Don’t you think this organization will want a tradable currency too?
😊In the article titled “AL-RASHEED ANNOUNCES THE ADDITION OF NEW BRANCHES TO THE COMPREHENSIVE BANKING SYSTEM APPLICATION.” The Rashid Bank announced on Monday, the addition of new branches to its comprehensive banking system. “Five new branches have been activated within the implementation of the comprehensive banking system, as part of its ongoing efforts to modernize its services and facilitate banking procedures for its customers,” explaining that “the branches included in the system are: (Al-Mamoun Branch / Tuz Khurmatu / Al-Qaim / Al-Mashreq / Al-Faw Branch).” The number of branches operating under the comprehensive system has increased to (83) branches. So, why would they need all these bank branches if they were not successful in attracting deposits from the citizens? They will need these branches to read out to the many new businesses and customers for their banking products.
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What about the 2025 budget tables? (the rate is in the budget…really?)
You might want to first go scan over the article titled “IRAQ IS IN THE GRIP OF AN OIL STORM, AND THE BUDGET IS ON THE VERGE OF COLLAPSE.” Again, it’s found in the Articles Section of today’s Newsletter. Please read before reading the next article below.
So, what about the 2025 budget? Let’s review the article titled “THE PRESIDENT OF THE REPUBLIC TO THE GOVERNOR OF THE CENTRAL BANK: THE NEED TO DEVELOP A SOUND FUTURE STRATEGY FOR FISCAL POLICY”. This news came out since the Finance Committee just announced that the 2025 budget will not be ready in any time soon, meaning the publishing of the budget tables. We can clearly see why since oil had dropped and many projects must be put on hold or postponed. This takes time to review and adjust. So as a result the Iraqi President Rashid stressed last Wednesday the need to exert efforts and develop a solid future strategy for financial policy. Yes, we all know that the budget process for Iraq needs work and is dysfunctional. But wait… I can bet you that Iraq will soon announce a project to bring in financial consulting professionals to step in and help them in this matter. Oh.. just remember I told you so.
PS- I have to confess that I cheated, since I already know that they will as my CBI contact told me this effort is coming and has been planned already by the Finance Committee….lol..lol.. I certainly wish by the next budget time (October) we have already exchanged and no longer have to follow this ongoing RV saga…lol..lol..
A statement from his media office, received by Al-Eqtisad News, stated that “the President of the Republic received the Governor of the Central Bank, Ali Al-Alaq, at the Baghdad Palace to discuss the state of the Iraqi banking sector and the measures to develop it, as well as the reform packages being undertaken by the Central Bank to address economic changes and their impact on the local market” (like a drop in oil prices). The President of the Republic stressed “the need to exert efforts and develop a sound future strategy for fiscal policy that will enhance the desired economic development.” He pointed out that “the meeting discussed plans to stimulate the investment sector by supporting the private sector, especially as the country is witnessing remarkable stability on the security, political, and social levels.”
Did you read it? It says and I quote “as the country is witnessing remarkable stability on the security, political, and social levels”. So, they can’t use the excuse any longer that they are looking for SECURITY and STABILITY in order to conduct the Project to Delete the Zeros, as they have it! Now let’s get the gap of parallel rate completed and we may see some action. You see all these events are interconnected. I just hope everyone can see it and stop all this nonsense of fixations upon one single event and then another event when that one was not successful to get the RV. Its all crazy nonsense and so stop it! Just remember the nonsense about the new rate in the budget. This is just one example of the craziness. Then today we learn the 2025 budget tables may never even come out. How long have these intel gurus strung along their listeners on this one? If you follow the news from many of these intel gurus you will go crazy. Get it? Stop it!
So, I talked about four events that are all interconnected today. They are: the Iranian negotiations, banking reforms, Arab Summit and the Trump visit, the current rise in the dinar. Can you see how the events from the past together with the present events are working to bring the RV to us? Then combine it with what the prophets are telling us about fixing all this corruption. Do you see it yet?
There are no hidden secret sources trying to RV everyday / any day in the background. Get it? No four-letter agencies talking about a secret RV. Yes, TNT Tony, idiot Bruce, MarkZ and all you other social media idiots lying to your listeners. I am especially talking about all of you. We can clearly see all our prayers are working since these reforms have taken to a new level since January 2023. We must pray for Al-Sudani since without him I do not believe we would be even this far ahead in the process. Yes, the right leader in the right situation makes all the difference.
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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, MarkZ, Bruce 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
“Money Problems Are About to Hit Many In Washington”
Prophecy From Saturday May 2nd
You do not want to miss this one, trust me! I feel this one is so important that I recorded it for you. You can clearly see why the democrats and some select corrupt republicans want to stop DOGE.
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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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WILL ALBERTA CANADA SUCCEED FROM THE FEDERAL GOVERNMENT?
As in most cases of what is going on today there is no “yes” or “no” answer to these important questions but instead we should be looking at why Albertans are even thinking of this move. Everyone needs to see that what is going on in America today with this WOKE agenda and realize it is also taking place in the Canada, UK, EU, Australia and other developed countries. So, some global entity must be orchestrating it. This is the important takeaway today. It just doesn’t happen. It is destroying our long-standing fabric of life, our values, culture and freedoms in all our nations. But who is behind it?
Citizens are frustrated with this globalist agenda. They have already gotten a taste of it and don’t support it. However, the politicians don’t seem to hear their voices and drop these warped globalists ideology. Seems they about democracy.
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THE “PUPPET” SENATOR FROM PENNSYLVANIA
HOW THE LEFTIST DEMOCRATS ATTACKS ON FETTERMAN SHOW WHAT’S WRONG WITH THE DEMOCRATIC PARTY
So, candidate for the U.S. senate Fetterman has a stroke and yet continues his pursuit for the Senate seat in Penn. Somehow, they rig the election and he gets into the Senate seat anyhow (we all know about their election fraud). We obviously see he is not qualified to be in that position. The democrats need his vote and so he becomes their puppet in the Senate. They prop him up, they force the news media to protect him and they even dress him up in a suit to attend in person sessions in the chambers.
Now, as time passes, Fetterman has recovered from his stroke and is more coherent and can think more clearly now. It is like he wakes up out of a fantasy and realizes his responsibilities and oath of office as a Senator. He then begins to speak out against the democrat policies. Then what happens next surprises everyone (but shouldn’t surprise us too much). The democrat party leadership decides to dump Fetterman and so the propaganda begins from the new media this direction. A complete reversal. Oh…but Fetterman is better now and so why now?
Now all of a sudden Fetterman is no longer fit for office. Really? What about the years he was in office prior to his recovery from his stroke. He even admits he was not thinking clearly and able to communicate back then. Why didn’t they recognize his disability then? As I said they needed his vote in the Senate and so they continued to prop him up as their puppet senator. This should be obvious to everyone now.
So, will Fetterman’s frustration cause him to defect over to the Republican party? It is not a matter of “if” anymore but when. The writing is on the wall. I wouldn’t be surprised if he even shows up dead someday if he continues to move in this direction. The democrats once again show their stupidity in making an enemy out of him and this too will backfire on them.
God says through his prophets “what can be exposed, will be exposed”. But where is the “JUSTICE” for what they have done? The damage is already done? I keep asking God this question and through his prophets we are told that “JUSTICE” is coming. It will happen in God’s plan and we must be patient.
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AOC FOR PRESIDENT IN 2028
SEN. KENNEDY take son the notion of AOC RUNNING FOR PRESIDENT IN 2028
All I can say is let her. I hope she is the democrat candidate in 2028. I also hope that the bill before the house passes and gives Trump yet another third term. Really now is this a joke or what? Can the democrat party stoop that low? If this is what the democrats want then let them have another landslide election for the republicans. How will the news media find it to prop her up?
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TRUMP SAYS HE WILL REOPEN AND EXPAND ALCATRAZ PRISON
All I can say is WOW! Is this really happening to clean out the corrupt from our government? When will JUSTICE be served? Do they need to clean out these corrupt judges first? This appears to also be happening now.
We have witnessed this corruption way too long already. We must go deeper and ask why Trump is proposing to do this? Who does he intend to lock up? Does he expect to isolate many treasonous politicians and government officials in one prison convicted of crimes in the near future? Yes, where would they put all these thousands of rouge judges and politicians? It’s much cheaper than building a new prison.
These corrupt politicians know what is coming. You know who they are too.
But, there is more to this story of reopening Alcatraz. The prophet Julie Green in August of 2024 gave a prophecy on this prison. So, this is going to be BIG, BIG, BIG. We don’t yet know all the details yet. Pay attention to these prophecies!
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Marco Rubio: TRUMPS FOREIGN POLICY FOR AMERICA
Short clips like this one from one of Trump’s cabinet meetings tells us so much on the policy of this administration. We must continue to pray that the Holy Spirit anoints all of these cabinet members to do God’s will in making this country great again. We must get off this global agenda and get back to basics. We regain our national pride.
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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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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 CENTRAL BANK’S TRILOGY CURBS THE PARALLEL MARKET. THE DOLLAR DROPS TO A HISTORIC LOW FOR THE FIRST TIME SINCE 2022.
The Iraqi dinar has seen a significant improvement in its value against the US dollar in Iraqi markets over the past few weeks, with the hard currency declining for the first time since 2022, reaching 141,000 to the dollar.
Before Ramadan, the dollar exchange rate hovered around 150,000 dinars per $100. During Ramadan, the dollar exchange rate remained relatively stable at around 147,000 to 149,000 dinars per $100. However, with the beginning of April, coinciding with Trump’s announcement of a tariff war, the dollar exchange rate in Iraq declined rapidly, reaching 142,000 dinars per $100 today.
This improvement was driven by a package of monetary and regulatory policies that succeeded in reducing demand for foreign currency through informal channels.
In this context, the Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh, identified three main factors that contributed to curbing the parallel market and strengthening the dinar.
In an interview with Al-Eqtisad News, Saleh said that the Central Bank of Iraq has succeeded in meeting the dollar needs of major traders by strengthening national banks’ reserves with their foreign correspondents, which are highly rated (AAA) banks, and by beginning to use alternative currencies such as the Emirati dirham, the euro, and the Chinese yuan in banking operations, especially with Iraq’s main trading partners such as Turkey, the UAE, and China. This approach has contributed to accelerating remittances and reducing reliance on the parallel market.
Small businesses accounted for approximately 60% of private sector trade in Iraq. Supported by new government measures, this category of traders was facilitated to access dollars directly through Iraqi banks, eliminating the need for expensive intermediaries. This contributed to absorbing a significant portion of the parallel demand for dollars.
Saleh noted that travelers are now able to obtain dollars at the official exchange rate (1,320 dinars per dollar) using electronic payment cards, in addition to the ability to obtain $3,000 in cash per month through official airport outlets, significantly reducing their reliance on the black market.
Saleh emphasized that several supporting factors also contributed to reducing pressure on the dollar in the parallel market, including stricter legal procedures for dealing in dollars outside the banking system. This prompted individuals to avoid the legal risks associated with the black market and turn to gold as a savings instrument, due to global dollar fluctuations and concerns about the future of paper currency.
Al-Sudani’s advisor pointed to the increasing demand for government bonds with attractive semi-annual returns, which have become a reliable tool for preserving value, away from speculation in the foreign exchange market. He also emphasized the success of hypermarkets in stabilizing the prices of basic commodities, which has weakened the impact of the parallel market on citizens’ livelihoods and contributed to overall economic stability.
Concluding his remarks, the Prime Minister’s advisor noted that demand for gold has reached a historic peak, driven by growing concerns among Iraqis about the possibility of the US Federal Reserve canceling or reducing some paper dollar denominations in the future. This has prompted citizens to diversify their savings away from the US currency.
In addition, economic expert Manar Al-Abidi identified a number of other reasons that led to the decline in the dollar’s price locally.
Al-Obaidi told Al-Eqtisad News that the primary reason for the dollar’s decline is a decline in demand on the parallel market, coupled with a significant increase in the supply of hard currency, both from domestic and foreign sources. He explained that this new balance has helped narrow the gap that has long separated the official exchange rate from the parallel market rate.
Among the notable changes, Al-Obai di points to the declining confidence of many local investors in the dollar as a savings instrument, due to expectations of a decline in its value against gold. This trend has prompted a large segment of citizens to exchange dollars and purchase gold, increasing the dollar money supply in the local market.
In contrast, other sources have contributed to the increase in dollar supply, most notably remittances and foreign investments, particularly those related to international companies operating in Iraq. According to Al-Obaidi, these inflows are no longer solely linked to oil revenues, but rather come from additional channels that have helped ease pressure on foreign currency.
In a remarkable monetary measure, the Central Bank of Iraq (CBI) reduced the dinar money supply by more than 6 trillion dinars over the past six months, declining from 104 trillion to approximately 98 trillion dinars. This contraction helped raise the relative value of the dinar against the dollar, placing additional pressure on the parallel market.
Regarding trade, despite a 6% increase in imports from China, Iraq’s imports from major countries such as India, Turkey, and the United States saw a significant decline. Upcoming figures are also expected to reveal a decline in imports from the UAE, which accounts for 30% of Iraq’s total imports. This reflects a decline in overall demand for the dollar due to the contraction in trade activity.
Al-Abidi also points to the expansion of channels for accessing dollars at the official exchange rate, through bank cards, official money transfers, and direct transfers, which has prompted many merchants and individuals to move away from the black market.
In addition, regional conditions played a significant role in easing pressure on the dollar. The deteriorating economic situation in Iran led to a decline in demand for goods imported from Iraq, which were re-exported there. The cessation of trade with Syria also contributed to the decline in import demand.
Al-Obaidi also points to a decline in the trade in smuggled oil and prohibited goods, which used to rely heavily on dollar-denominated transactions on the parallel market. These activities have recently been curtailed through strict security and banking measures.
Al-Abidi believes that the continuation of these trends could push the dollar to levels close to 1,395 dinars in the coming period, barring any sudden developments in monetary policy or regional balances.
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THE DINAR IS RECOVERING. THE DOLLAR’S VALUE IN IRAQ HAS FALLEN DUE TO LOCAL MEASURES.
Iraqi markets have witnessed a significant decline in the dollar exchange rate against the dinar over the past few days, following months of fluctuations and price increases that sparked public concerns and market turmoil.
Exchange offices and the local stock exchange in most Iraqi governorates recorded a decline in the dollar exchange rate against the Iraqi dinar on Tuesday, part of a slight and gradual decline that has been ongoing for days. In the final hours of the closing hours, the exchange rate for $100 reached 143,000 dinars, a difference of 11,000 dinars from the official exchange rate adopted by the Central Bank of Iraq, which is 1,320 dinars to the dollar.
The sudden decline has raised questions about its true causes, and whether it represents the beginning of monetary stability or merely a temporary decline. Experts believe the reasons are primarily local, not the result of regional or global developments.
In this context, economic expert Abdul Rahman Al-Mashhadani told Al-Maalouma, “Geopolitical conditions, such as tensions between India and Pakistan, typically increase demand for the dollar, but what happened in Iraq clearly indicates that internal factors are the primary driver of the price decline.”
Al-Mashhadani explained that one of the most prominent of these factors was the Central Bank’s previous decision to regulate the sale and purchase of real estate, which reduced the use of the dollar in real estate transactions, thus easing pressure on foreign currency.
He also pointed out that the expansion of banks authorized to process foreign transfers and the adoption of a balance-enhancing mechanism led to significant dollar sales exceeding $300 million per day in previous periods. However, much of this money was not used to import goods, but rather remained in external accounts, known as “return,” which does not reflect real demand within the market.
Al-Mashhadani pointed out that the new Central Bank administration has adopted a more open policy to regulate the market and tightened controls on transfers and currency smuggling, which has contributed to strengthening confidence and raising the level of foreign exchange reserves.
Despite this improvement, observers are cautious against considering the dollar’s decline as an indicator of permanent stability, especially given the ongoing political and economic challenges and the market’s reliance on imports. Any decline in oil revenues or foreign currency inflows is a source of concern.
Experts emphasize that sustaining the dollar’s decline requires continuing economic and monetary reforms, strengthening the role of the banking sector, regulating the parallel market, and supporting local production to reduce reliance on the dollar.
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THE DOLLAR CONTINUES TO FALL IN IRAQ. IS THE MARKET APPROACHING THE OFFICIAL RATE?
Financial and economic expert Alaa Al-Fahd predicted on Wednesday (May 7, 2025) that the dollar exchange rate will continue to decline in the Iraqi market over the coming period, noting that the gap between the official price and the parallel market price is close to disappearing.
Al-Fahd told Baghdad Today, “The Central Bank of Iraq has taken a series of measures in cooperation with banks, most notably direct financing of commercial transactions, which has contributed to narrowing the gap between the official rate and the parallel market rate.”
He added, “The Central Bank’s continued coverage of foreign trade and regular dollar sales to banks will push the parallel market exchange rate further downward, and we may soon see it reach the official rate.”
The local market has witnessed fluctuations in the dollar exchange rate against the dinar over the past few months, with the parallel market rate rising significantly compared to the official rate approved by the Central Bank of Iraq, which is 1,320 dinars per dollar.
The reasons for this discrepancy are restrictions on foreign transfers, declining confidence in some banking channels, and external influences related to sanctions policies and controls on dollar movement.
With the Central Bank’s recent measures, expectations indicate a gradual return to stability and a narrowing of the gap between the two rates.
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REFORM PLAN TO ALIGN BANKING SERVICES FOR IRAQ’S PRIVATE AND PUBLIC SECTOR WORKERS
Iraq’s Private Banks League has announced a plan to integrate private sector employees into the national banking system, granting them access to loans and financial services under terms similar to those offered to public sector workers.
The move is part of a broader banking sector reform effort guided by international consulting firms Ernst & Young and Oliver Wyman. Ernst & Young is focused on restructuring Iraq’s public banks, while Oliver Wyman is leading reforms in the private sector.
“Our priorities for revitalizing the banking sector focus on building trust between citizens and banks, which means increased banking activity in the future,” said Ali Tariq, CEO of the Iraqi Private Banks League, in an interview with state-run Al-Iraqiya TV. “The broader goal is to reform the banking sector—both public and private.”
Tariq said the reform plan targets ownership structures, governance, anti-money laundering efforts, risk management, and improvements to business planning and customer services. He also pointed to ongoing developments in digital payments and housing finance, noting that a modern economy requires banks capable of functioning within the global financial system.
“We are seeing major progress in many sectors, and they need a solid banking system to sustain development,” he said. “This requires more flexible services, one of which is integrating private sector employees into the banking system.”
Under the plan, private sector workers will be able to open salary accounts and receive banking benefits with fewer collateral requirements. “They will be treated like public employees in terms of access to services,” Tariq said.
In Iraq, the Tawtin (localization) program currently enables public sector salaries to be paid directly into personal bank accounts, replacing traditional cash disbursements. The initiative aims to modernize financial services, reduce corruption, and promote financial inclusion. Enrolled employees gain access to benefits such as loans, debit cards, online banking, and streamlined services—all of which will now be extended to the private sector under the proposed reforms.
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IRAQ IS IN THE GRIP OF AN OIL STORM, AND THE BUDGET IS ON THE VERGE OF COLLAPSE.
Amidst the volatility of global markets and the turbulent nature of oil politics, Iraq today stands at a critical economic crossroads, threatening to undermine its financial and social stability. While some oil-producing countries are racing to increase production in pursuit of immediate gains, Iraq is paying a heavy price, as it relies almost entirely on oil revenues to finance its budget and pay the salaries of millions of employees.
The sharp drop in oil prices to below $60 per barrel, their lowest level since the COVID-19 pandemic, is no longer just a number on energy exchanges. It’s a warning bell ringing at the door of every Iraqi household. The state budget, more than 93% of which is based on oil exports, is struggling to survive, while fears are growing that the government will be unable to meet its basic obligations, most notably securing the monthly salaries of more than 4.6 million public sector employees.
Amid this bleak landscape, experts warn of a looming economic crisis that could be the most serious in years unless the government takes realistic and bold steps to reduce dependence on oil and diversify sources of income. Will decision-makers wake up before it’s too late?
Economic and financial affairs expert Haider Al-Sheikh warned, on Tuesday (May 6, 2025), of the danger of continued decline in oil prices for Iraq in the coming period.
Al-Sheikh told Baghdad Today, “Iraq is the second-largest exporter of crude oil in the Middle East and the fifth-largest in the world, exporting more than 1.2 billion barrels annually, at a rate of 100 million barrels per month. Financial revenues from oil revenues exceed $100 billion annually, at a rate of $8.5 billion per month.”
He explained that “a number of OPEC+ countries, including Saudi Arabia, agreed to increase oil production in June, which led to oil prices falling below $60 per barrel, the lowest level since the COVID-19 pandemic.”
He added, “Iraq relies primarily on oil revenues, which account for 93% of the state’s general budget revenues, and the drop in the price of oil to below $70 per barrel has directly impacted the preparation and approval of the 2025 budget schedules.”
Al-Sheikh emphasized that “the continued decline in oil prices will cause an economic crisis in Iraq, especially since the government relies primarily on oil revenues. If the price of a barrel falls below $50, the government will face difficulty securing salaries for its 4.6 million employees, as it needs $5 billion per month to cover public sector salaries.”
These warnings come at a time when the Iraqi government has yet to submit its 2025 budget schedules to Parliament, more than four months after the start of the fiscal year, sparking widespread political controversy.
Government sources have justified the delay by citing a revenue shortfall due to the decline in oil prices. Meanwhile, members of the Finance Committee, including Jamal Kocher, revealed that Prime Minister Mohammed Shia al-Sudani is deliberately withholding the lists to avoid their electoral exploitation by his opponents.
The lack of allocations is expected to impact governorate service campaigns and election preparations, potentially leading to widespread abstention from voting in the local elections scheduled for November 11, 2025, particularly in poor cities and areas reliant on stalled projects.
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THE UNITED NATIONS AND 18 COUNTRIES MEET WITH THE IRAQI BANKING SECTOR TO DISCUSS BANKING RELATIONS AT THE HEADQUARTERS OF THE ASSOCIATION OF PRIVATE BANKS.
Under the auspices of the United Nations Assistance Mission for Iraq (UNAMI), the Iraqi Private Banks Association organized a meeting that included Arab and foreign ambassadors, representatives of international organizations operating in Iraq, and Iraqi banks, with the attendance of the Central Bank of Iraq.
The meeting was attended by the Special Representative of the Secretary-General of the United Nations for Iraq and Head of UNAMI, Mohammed Al-Hassan; the Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad; the Regional Director of the World Bank, Jean-Christophe Carré; the Head of the European Union Delegation to Iraq, Thomas Seiler; and the Representative of the United Nations Office on Drugs and Crime, Ali Al-Barir; in addition to the ambassadors of the United Kingdom, Germany, France, Japan, Switzerland, Hungary, the Netherlands, Italy, Greece, Denmark, the Czech Republic, the United States, Saudi Arabia, the Sultanate of Oman, Qatar, Kuwait, and the United Arab Emirates.
In his speech, Al-Hassan emphasized that the meeting precedes the “Arab wedding” represented by the upcoming Arab Summit, and represents the beginning of strengthening communication between the Iraqi banking sector and the international community. He noted that no country’s economy can thrive without a strong banking sector. He also expressed his gratitude to the Iraqi Private Banks Association for organizing the meeting, appreciating the ambassadors’ positive interaction.
For his part, Wadih Al-Handhal, Chairman of the Iraqi Private Banks Association, explained that the meeting comes at a crucial moment in Iraq’s financial and economic transformation. It aims to strengthen the banking sector’s relations with international and diplomatic partners, creating an integrated banking environment based on transparency and compliance with international standards, capable of supporting sustainable development, stimulating investment, and serving those underserved by banking services.
Al-Handhal added, “We believe that building bridges of trust with the international community begins with constructive dialogue and mutual cooperation. From this perspective, the Iraqi banking sector continues its solid partnerships with your prestigious financial institutions, seeking to open broader horizons for investment and enhance stability and shared prosperity.” He also expressed his sincere thanks and appreciation to Dr. Mohammed Al-Hassan for his significant efforts in mobilizing international support to enhance stability within Iraq, support reform processes, and consolidate the principles of human rights and good governance.
Al-Handhal explained that Iraqi banks look forward to direct dialogue with your countries’ banks, under the auspices of the United Nations, to open new partnerships that serve the Iraqi and your economies. This can be achieved by expanding correspondent accounts, financing development projects, promoting digital transformation, issuing green bonds, and attracting promising investments to deepen sustainable stability.
Ali Tariq, Executive Director of the Iraqi Private Banks Association, presented a review of banking developments in the country, explaining that deposits reached 120 trillion dinars, while credit reached 73 trillion dinars. Electronic payments also increased from approximately $1 billion annually to approximately $17 billion by 2024.
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AL-RASHEED ANNOUNCES THE ADDITION OF NEW BRANCHES TO THE COMPREHENSIVE BANKING SYSTEM APPLICATION.
Rashid Bank announced today, Monday, the addition of new branches to its comprehensive banking system.
The bank said in a statement monitored by Al-Masry, “Five new branches have been activated within the implementation of the comprehensive banking system, as part of its ongoing efforts to modernize its services and facilitate banking procedures for its customers,” explaining that “the branches included in the system are: (Al-Mamoun Branch / Tuz Khurmatu / Al-Qaim / Al-Mashreq / Al-Faw Branch).”
He added that “the number of branches operating under the comprehensive system has increased to (83) branches, with work continuing to include the remaining branches, which facilitates banking procedures for customers in all branches operating under the comprehensive system.”
He pointed out that “the implementation of the comprehensive banking system aims to improve the quality of banking services by accelerating operations and reducing red tape, enabling customers to conduct their transactions easily and quickly. The system also contributes to unifying data and facilitating access to information across the bank’s various branches.”
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THE PRESIDENT OF THE REPUBLIC TO THE GOVERNOR OF THE CENTRAL BANK: THE NEED TO DEVELOP A SOUND FUTURE STRATEGY FOR FISCAL POLICY
President Abdel Latif Jamal Rashid stressed on Wednesday the need to exert efforts and develop a solid future strategy for financial policy.
A statement from his media office, received by Al-Eqtisad News, stated that “the President of the Republic received the Governor of the Central Bank, Ali Al-Alaq, at the Baghdad Palace to discuss the state of the Iraqi banking sector and the measures to develop it, as well as the reform packages being undertaken by the Central Bank to address economic changes and their impact on the local market.”
The President of the Republic stressed “the need to exert efforts and develop a sound future strategy for fiscal policy that will enhance the desired economic development.”
He pointed out that “the meeting discussed plans to stimulate the investment sector by supporting the private sector, especially as the country is witnessing remarkable stability on the security, political, and social levels.”
In turn, Al-Alaq reviewed the Central Bank’s efforts and future plans aimed at strengthening fiscal policy and economic stability in the country.
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TALKS ARE GOOD SO FAR. J.D. VANCE: A POTENTIAL DEAL COULD BRING IRAN BACK INTO THE GLOBAL ECONOMY.
US Vice President J.D. Vance described US talks with Iran on Wednesday as “good so far,” saying an agreement would be reached that would reintegrate Iran into the global economy while preventing it from acquiring a nuclear weapon.
Vance added that President Donald Trump hates nuclear proliferation and is open to sitting down with Russia and China in the coming years to discuss reducing the number of nuclear weapons in the world, according to the Economic Times
An Iranian official revealed to Reuters that the size of the country’s uranium stockpile, the mechanism for shipping it out of the country, and the number of centrifuges are still under discussion. He confirmed that Tehran is open to transferring enriched uranium to Russia or even the United States. However, he stressed that Iran’s right to enrichment is a non-negotiable red line.
Washington presented a new list of conditions through its Secretary of State with the aim of reaching an agreement.
These conditions did not please the Iranians, as they fall within the red lines drawn and repeatedly reiterated by Tehran.
Iran says its right to enrichment is non-negotiable. However, three Iranian officials said that the size of the uranium stockpile, its shipment outside the country, and the number of centrifuges are under discussion.
In this context, the Iranian Foreign Ministry announced that the date and location of the next round of indirect talks with the United States are still under discussion and will be announced by Omani mediators once a final agreement is reached.
“No final date has been set yet, but the Omani proposal to hold talks early next week is still under consideration,” ministry spokesman Esmail Baghaei told IRNA. The talks were scheduled to take place in Rome on May 3 but were postponed. Baghaei emphasized that Tehran remains committed to a “results-based dialogue” aimed at lifting sanctions and guaranteeing the country’s “nuclear rights.”
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AS TRUMP’S VISIT TO THE REGION APPROACHES, IRAQ IS EXPECTED TO PLAY A ROLE IN THE ARAB SUMMIT IN BAGHDAD.
Political analyst Talib Mohammed Karim asserted that the upcoming Arab Summit in Baghdad, coinciding with an anticipated visit to the region by former US President Donald Trump, could reshape political roles and give Iraq a prominent position on the regional scene.
During his appearance on the “Free Talk” program on Al Furat satellite channel, Karim said, “This is not the first summit that Baghdad has hosted since 2003; but it comes at a sensitive time when regional changes are accelerating, which may push Iraq to the forefront of the summit’s political discussions.”
He pointed out that “the importance of the summit lies in its moral dimension for Iraq, as it is one of the founding states of the Arab League and seeks to consolidate its position as a regional and international political player.”
Karim stressed that “Iraq will be the ‘crown’ of the Arab Summit, and no party has the right to diminish its role, whether from a protocol or political perspective,” noting that “the European Union’s members met on the basis of shared interests, while the Arab League’s members were divided due to conflicting political interests.”
He expressed his concerns about the impact of the summit’s final statement on the level of representation, saying, “If the statement includes any reference to the Zionist entity, it is likely that leaders of countries such as Morocco, Algeria, and the Sultanate of Oman will abstain from attending, as happened at the 2012 Baghdad summit, which was attended only by the Emir of Kuwait.”
Karim added that “the repeated Zionist aggression against Syrian territory must be among the summit’s topics, given its repercussions for regional security,” considering that “Iran’s role as a regional power cannot be ignored, and the Trump administration’s renewed recognition of the Iranian nuclear issue constitutes an acknowledgment of its strength, which Iraq can leverage within the region’s balance of power.”
The political analyst concluded his remarks by asserting that “the summit represents an important opportunity for Iraq to strengthen its diplomatic standing, not only in the Arab context but also within the broader international interactions that will be affected by its outcomes.”
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“THE MOST IMPORTANT FILE”: REVEALING WHAT IRAQ WILL OFFER AT THE ARAB SUMMIT IN BAGHDAD
Political analyst Imad Al Musafir revealed that Iraq will raise the issue of Syria’s stability as a priority at the upcoming Arab Summit in Baghdad, based on its awareness of the impact this issue will have on the security of the entire region.
“Iraq has begun to play a fundamental role at all levels and aspires to consolidate its regional position thanks to its capabilities,” Al-Musafir said during his appearance on the “Free Talk” program on Al-Furat satellite channel. He explained that “the holding of the Arab summit in Baghdad has positive and negative aspects. The most prominent positive aspect is Baghdad regaining its Arab role, while the negative aspects are represented by the presence of sensitivities that may appear regarding the participation of some figures, especially those connected to the Syrian file.”
He added, “Iraq previously played a pivotal role in mediating between Saudi Arabia and Iran, a role that culminated in the Beijing Agreement and paved the way for accumulated political successes, including the Arab Summit and other regional events.”
Al-Musafir noted that “despite the challenges, Iraqi democracy has become a unique model in a region plagued by unrest. The current constitution was written with Iraqi diversity in mind and can be amended to suit societal development.”
While he pointed out that “the outcomes of Arab summits are often formal and lack realism, as they are limited to statements of condemnation and denunciation, the position on the Palestinian issue has become dependent on interests, especially after the wave of normalization with the Zionist entity by some countries,” he questioned “the value of the summit if its outcomes have been agreed upon in advance.”
Al-Musafir explained that “the Syrian scene is complex and there is no clear vision for its political future, which makes Iraq’s presentation of the Syrian stability issue of great importance.” He added that “Iraq’s role at the summit will not be limited to providing investment opportunities, but will also focus on side meetings that may open broader political and economic horizons.”
Regarding the domestic political landscape, Al-Musafir concluded by emphasizing that “the Sunni community is suffering from a clear struggle for leadership, while the regional government has yet to form, reflecting the instability on the Kurdish side.” He noted that “the Shiite community has decided to run in the elections with individual lists, with the possibility of forming a coalition after the results are announced.”
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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.
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