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.

ABOUT THE NEWSLETTER:

August 5, 2025 Mnt Goat News Brief

Guten Tag everyone:

Welcome to August, one step closer to the fall. I mean this in many ways…..I have some news for you today – “Our day will come”.

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 for YOU 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. I am saying this takes 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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Matthew 7:11

“If you then, being evil, know how to give good gifts to your children, how much more will your Father who is in heaven give what is good to those who ask Him!”

STATUS OF THE RV

There are no great revelations, RV or other news for today, sorry! However, what we have is all still very good news and showing Iraq is still moving in the right direction.

Welcome to August 2025. Well, well all you TNT Tony idiotic, gullible, puppets. How do like your RV last weekend or maybe its this week?….lol… lol… lol… Oh.. at the bank by Wednesday? Yes, I do like making fun of this site since it is all totally nonsense and fake news.

Yes, my hubby and I sit down and read through the comments in their chat room. We laugh and laugh. Actually, its quite hilarious but sad too that people can be so stupid! ☹ It amazes me just how gullible so many are. I swear these idiots live in their chat room waiting any minute for the RV to happen. They know very little, if anything about what is really happening in Iraq and why. But TNT is not alone as there has sprung up countless other idiots making a buck off their headlines.  

So, let us get to the real news of today, okay?

I can’t help that the news today is not all amazing news. I sincerely wish I had better news for us. But the news is all good and Iraq is still aggressively fighting that uphill battle to regain its full sovereignty and financial independence. However, as long as they use the dollar and the dinar is pegged solely to the dollar, they will be closely monitored and manipulated by the US Treasury and Federal Reserve because the US still has a high stake in their economy and the need for the petro-dollar for speculation and the demand for it to boost its failing fiat US dollar and its massive associated debt. Please keep in mind that the US dollar is still the world’s reserve currency. What does this mean?

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Define World’s Reserve Currency: The world’s reserve currency refers to a currency that is held in significant quantities by central banks and major financial institutions for international transactions. It is used to settle international debt obligations and is often the currency in which commodities like oil and gold are priced, encouraging other nations to hold it for trade. The most widely recognized reserve currency is the U.S. dollar, which provides stability and acceptance in global markets.

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Again, we must realize what the US is doing. It is using the oil from Iraq to back the US dollar. Get it? Did you read the definition of a World’s Reserve Currency above? As long as Iraq is on the petro-dollar and it is the sole peg for the dinar, this will continue. When will it end? Let’s explore this today.

In recent weeks the CBI has come out with so much news about finally being able to control the dollar in Iraq by controlling the parallel market. Why is this so important?

We know that the CBI has told us there is going to be one more “official” rate change after the 1320 then conduct the Project to Delete the Zeros once this control of the parallel market is accomplished. My contact in the CBI then told me they thought that maybe the parallel market could reach the official rate by the end of last week. Did it? We still wait for the news to come. I will ask this question in my normal Weds call to my CBI contact in Iraq.

We also need to remember that the Project to Delete the Zeros is a focal point for the rest of the process going forward to make it to the reinstatement of the dinar back to FOREX, with a rate was as investors want.

Are the issues with Kurdistan causing delays?

Of course, these issues in Kurdistan are causing delays in many areas, including the progress in the monetary reform of the dinar. The dinar is pegged to the US dollar and oil is sold from Iraq solely in remittances in US dollars. Bear in mind that even with the disputes ongoing with the salaries vs oil, the oil still is flowing from Kurdistan and the GOI is collecting revenues enough to pay the salaries.  

In the article titled “THE KURDISTAN REGIONAL GOVERNMENT (KRG) HAS BEGUN PREPARATIONS TO HAND OVER OIL TO SOMO”, the Kurdistan Regional Government (KRG) has begun preparations to hand over oil to SOMO and foreign companies have returned to the oil fields. This is part of the Kurds abiding by their recent agreements to deliver oil accordingly in return for the salaries. Again, I will add that the Oil and Gas Law would prevent such ongoing disputes in the first place between these governments and so they know it now too as they told us in their news last week. This shows us that resolving this requirement in the constitution and getting this law passed is a high priority now.

For all you brain-dead people please take at one more article titled “2025 ENDS… PARLIAMENT CALLS ON SUDAN TO PREPARE A 2026 BUDGET” on this intel guru nonsense of waiting for the 2025 budget schedules to come out for your RV announcement. What does the article tell us today, as we read others too last week telling FACTUAL news that the 2025 budget is all but killed due to the drop in oil prices.

😊 Okay, so many still don’t believe me there will be no budget tables under Article 12 or anything else for 2025. Let’s all nix this idea the these tables are going to bring us the RV timing of the event. Just remember how many times I said “I told you so”. Will you finally believe me now? Take a look at yet more recent articles again reinforcing what I have been saying. What do they say? They are titled “2025 BUDGETS ARE IN JEOPARDY. PARLIAMENTARIANS DEMAND THAT THE GOVERNMENT BEGIN PREPARING THE 2026 BUDGET” and “2025 ENDS… PARLIAMENT CALLS ON SUDAN TO PREPARE A 2026 BUDGET”.

The Parliamentary Finance Committee confirmed on Friday (again) that the government’s delay in submitting the 2025 budget schedules to Parliament for approval constitutes a legal violation. While anticipating that the schedules will not be submitted soon, the committee called on the government to begin preparing a draft 2026 budget law.

Yes, we all should realize that and I quote from the article-  “The government’s delay in submitting the 2025 budget schedules is a legal violation, as funding and disbursements since the beginning of the year and continuing until now are problematic, given that the Triennial Budget Law No. 13 of 2023 obligated the government to submit budget schedules that are approved annually, as happened in 2024.” But if you can’t pay for the projects then why even go down the road of publishing budget project schedules that you will not be delivering on in that year. Get it?

Therefore, as Al-Kadhimi adds (or is stubbornly saying without really thinking of all the facts), “The government should have submitted the 2025 budget schedules before the end of 2024, but it was delayed. (Yes, we know, but why the delay, he forgets to tell you is there is no money for these. There is no money because of the drop in oil prices and the govt decided NOT to go out and borrow it) Recently, the Prime Minister’s Office issued a directive to the Ministry of Finance to postpone the 2025 budget schedules and prepare for the 2026 budget.” (Oh… so now we see the TRUTH again. There will be no 2025 budget tables, get it?).

😊Then how about the third article on this topic of budget tables titled “OIL IS NOT ANOTHER REASON DELAYING THE SUBMISSION OF BUDGET TABLES TO PARLIAMENT, AND A WARNING AGAINST ENTERING 2026 WITHOUT THEM.”

The cabinet will simply rollover these projects in the 2025 budget to the 2026 budget and they have done this many times already. This is NOT a crisis, as the author wants us to believe. It is a foolish article and just an “opinion” of an economist.

So, let’s please all move on off this topic of these budget tables and how the RV rate is in them and going to come out when the tables are published…. Yes, all the intel gurus out there will have to find some other foolishness to chase for your foolish intel. This event has dried up on your list of events to use.

The growing China influence over Iraq:

The US has been very clear that they do not want China influence to dominate in Iraq.

The US has too much already invested in Iraq to let future opportunities go to China. During the next couple years is when we expect to see Iraq really explode once this Development Road initiative takes off. China and the US both want a strong foothold in the county when this happens. In the news today we read about a new China initiative that I am definitely sure the US is not going to like. It is in article titled “CHINA PETROLEUM ENGINEERING WINS BID FOR MASSIVE OFFSHORE PIPELINE PROJECT IN IRAQ”. In the article it talks about theChina Petroleum Engineering Corporation (CPEC), a subsidiary of the China National Petroleum Corporation (CNPC), announced it has won a bid for a major offshore pipeline project in Iraq. The project is expected to be worth approximately $2.5 billion. “This project represents an important step towards strengthening Iraq’s oil export infrastructure, particularly its offshore component, which will contribute to increasing the country’s capacity to pump and export crude oil.” But where are the US companies? Why are they not more aggressive?

According to economic websites, a Chinese company’s winning of this massive bid confirms the growing role of Chinese companies in the global oil and energy sector, particularly in the Middle East and Iraq.

This pipeline could also contribute to increasing Iraq’s oil export revenues, which is vital for the country’s economy, which is heavily dependent on oil revenues. This project is another example of the growing economic cooperation between Iraq and China. 

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We also hear about an Iranian project to Delete four Zeros from the riyal in article titled “FROM TEHRAN TO BAGHDAD… WILL “REMOVING ZEROS” BECOME A POLICY TO CONCEAL STRUCTURAL DEFICITS?” I need to address this effort because there are a few  articles out in the news that may be confusing. It would not be a good thing to compare this Iranian project to delete their zeros with the Iraqi future project to delete its zeros. This would be like comparing apples to oranges. It just would not be fair. So, let’s take a deep dive into this article and explain why I am saying this.

Could this model for Iran apply to Iraq? 

The short answer is NO and here is why:

-1 Iran has had massive hyperinflation caused by sanctions due to their ongoing nuclear efforts and terrorism. Iraq has about a 1% inflation rate and is able to control inflation. Iraq has no UN sanctions. Iraq’s three zero notes are actually now causing more of a headache than any real benefit. Unlike in Iran where the larger notes were a necessity to combat ongoing hyperinflation, in Iraq the larger notes were an intentional manipulation of the currency as said a temporary preventative measure against hyperinflation that never happened. Also they claim against terrorism as a preventive measure but we can see how this backfired and actually supported massive corruption.

-2 Iran is not attempting to carry out a long-term plan to normalize their currency like in Iraq as it had a conscious plan to “temporarily” manipulate it and then someday just turn it back on. Iran is desperate to “reimage” their currency due to their hyperinflation.

-3 The riyal is not solely backed by the petro-dollar and Iran can negotiate with any country to pay in remittances for their oil in any global currency. The US now tries to control the riyal through sanctions which is really the only way they can control it.  

-4 By the Economic Committee of the Iranian Shura Council approving a draft law to remove four zeros from the riyal, this move suggests a technical effort to address a structural crisis rather than a genuine economic breakthrough such as a major revaluation in value. Whereas, the project to delete the three zeros for Iraq would be a major revaluation and more of an economic breakthrough resulting from their diversification of their economy away from the rentier oil driven economy. Now everyone must remember that this plan to diversify Iraq first, prior to the project to delete the zeros, is a change in the original plan that did not call for this diversification off the oil-based economy as the original plan for Iraq did call for a revaluation back to a nominal value reflecting a revalued rate of the oil and current assets of 2012, not future assets. However the policy changed under Obama for Iraq and so it also changed for Iran. So, there is also a foreign policy in dealing with Iran too and it includes manipulation using sanctions and not a war to instigate these changes, as they did with Iraq.

We can now see for Iraq their major breakthrough is just around the corner, as the government has planned major increases in revenue streams to diversify outside of the oil economy. Iran, on the other hand, has made no such plans to diversify and may not need to. The problem with Iran’s economy is their government. They are not coming out of a major war. Their infrastructure has not been destroyed. Any sanctions depressing the economy is solely based from past Iranian government policies. If they can move from a “terrorist”, military driven country to a normal peaceful country with the proper leadership we could see the riyal turn around quickly. So, remember there is great potential for Iran and they do generate many products and revenue streams unlike with Iraq that is still rebuilding from the wars. In fact this situation with Iran now is only causing a cutoff of major partners, like Iraq and others, for much of their foreign trade. Iran can currently out produce Iraq, if they were under normal circumstances. The difference between the Iranian and Iraqi economies lies in the government’s policies to drive the economy and the use of what revenues they do generate.

-5 For Iran, this recent move to delete the zeros they claim is a monetary solution to the riyal however it has become nothing more than “a political facades, tampering with the digital form of currency and it will be an expression of a deep dilemma at the core of public policy.”

-6 For Iran, it’s no secret that this proposed amendment for the currency comes in the context of intense economic pressure since Washington’s withdrawal from the nuclear agreement in 2018 and the subsequent “maximum pressure” policies. With the dollar on the black market reaching 925,000 riyals, it appears the state is trying to restore the currency’s image, not its actual value. 

-7 This recalls the concepts of hyperinflation and revaluation, which some countries resort to as short-term palliatives in the absence of structural reforms.

Behind this decision lies a political desire to redefine the relationship between state and citizen by “simplifying” financial codes, as the Economic Committee spokesperson indicated when he said the goal is to “simplify transactions and institutional scrutiny.” However, this simplification conceals a greater complexity: a collapse of trust, a spectacle of decline, and a state of structural denial.

So, could this model apply to Iraq? It could be said that “the data is different in form, but similar in content. Iraq, too, suffers from an excessively rentier economy, a parallel currency market, and a lack of transparency in reserve management. If political crises and financial corruption persist, the option of “removing zeros” may one day be presented not as a monetary option, but rather as a symbolic cover to evade the demands of genuine reform.”  Personally, I do not believe this would occur as there are plans for the Iraqi dinar to play a major role in a basket of currencies to help shore up many other currencies and to level out the playing field, as President Trump has said will happen, sooner than we all think. Many of these issue with Iran are being addressed in Iraq. We read articles every week about the measures the Central Bank and the Iraq Government are taking to counter them.

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So, there is really not much more relevant news this period to report. The optimal word is “relevant”. There is a ton of news from Iraq but it does not closely address our efforts of what we are looking for.

The RV saga continues with the hope of seeing the parallel market come in line with the CBI “official” rate of the dinar very soon, maybe this week even. When you sit down and really think about what the CBI is doing this is one of the last high level financial reforms needed. We have also heard so much talk about a 1:1, Dinar : US Dollar rate coming out in order to conduct the Project to Delete the Zeros. Well folks….what the hell do you think a parallel market rate of 1320 vs a CBI “official” rate of 1320 for the dinar is? It is essentially a 1:1 rate / 1320 : 1320. Get it? But the questions arises if the CBI must then hold this rate for the 90 days or not, as required by the IMF. Bottom line is that if they have to hold it for 90 days then we will be sitting here for another 90 days. What else can I say? I do not make up the rules.

Also I want to remind everyone that there is a “reset” coming and we have been told that Iraq will be part of this reset and the dinar used as part of it. It is much more than just a currency reset. The US is now working towards a complete financial overall. We will see some amazing, almost unbelievable, things begin to happen. I do not contribute this remake of the financial structure to some NASARA bullshit these intel gurus keep mentioning. Again they always have to have an event to use to scam you. No, instead this restructuring is going to be the result of hard work of many very patriotic, conservative politicians and dedicated people who simply Luv the US and what it stands for.

We will see the Gold standard again and the US fiat dollar will be crushed. This is when and only when, Iraq will get off the sole peg and to a new basket of weighted currencies for their new peg. Then come the reinstatement.

They IMF has told us in 2012 this was coming. To be successful the US will also have to do something not only to stop the overspending but to draw down the existing national debt significantly. Does this have to happen prior to the Iraq dinar RV? Well I just also told you that the fiat currency has to go bye-bye and so how can they do this  when the US not relies on the petro-dollar to back the fiat US dollar. So, you see it all interconnected and there is a plan in motion. We have to all just give it a bit of time and let it progress. In the meantime and coinciding we will witness unprecedented arrest and convictions from all the corruption of the past US administrations.

I get a kick out of the democrat party when they came before congress to criticized the Big Beautiful Bill (BBB) of the Trump administration. They grandstanded in front of the TV cameras to bash the bill because it would add initial deficit spending which means adding to the national debt (but later actually reducing the national debt when other programs kick in). However, under the Biden administration and Pelosi spending spree, they gladly signed on to nearly 4 trillion in totally unnecessary spending (remember the Inflation Reduction Act and Infrastructure Act) that we find today was just throwing money at yet more corruption and opportunities for corruption. You can’t always solve problems by throwing money at them.

So, for them it is all about perception and grandstanding on the live TV and we know they are NOT serious about solving the deficit only staying in power.

I am telling you this about the democrat party because many of you still worship Barrack Obama and his unofficial third term under Biden as president. Even after the corruption of his administration, Russian Gate not to mention the four years of “The Bidens”. So, think about this and why I bring this up.

Could we have seen the RV that much sooner if this corruption had not taken place and maybe president Trump had his second term much earlier? Just saying, as many seem to forget the FACTS and concentrate too much on hatred and personalities, rather than on what’s good for the nation as a whole and maybe our investment in the dinar too. Folks, the TRUTH is coming out about this guy named Barrack Obama and you better be ready for it.  

Let’s please keep praying and asking God to deliver Iraq from the stronghold of the deep state and President Trump can fix the US economy and the fiat US dollar to go with it. Let’s concentrate more on the politics and the rest will come to us for this is how it’s all going to work out. There are no secret RV meetings at the banks, or exchange centers open on the weekends, or bank memos telling of an impending RV this weekend. Get it? It is all just scams. We can’t separate the spiritual from the physical worlds as they work so closely together. This is how we get to the TRUTH. Are you ready to follow this journey with me?

ARE YOU PREPARED FOR WHAT IS COMING?

Q & A

From: clayrich6a2b498e66: Hi again, I was wondering if you would cover this statement from this newsletter more in depth. “Get ready for a major “official” rate change, the second one we were told would happen prior to the Project to Delete the Zeros.”

Answer: Mnt Goat: Thank you for the question. However, I have covered this many times already. We must try to remember what is said in the past and how it relates to what we are now hearing. I have said many times (more than I care to think of) that, when the CBI revalued to 1320 as the official rate, my contact in the CBI told me they would undergo one more rate change then move to conduct the Project to Delete the Zeros. The next rate change could not happen until they got the parallel market under control and close to if not at the official rate. This has been their struggle and delay in moving to conduct the project. I am not saying there may also not be other issues too, so let’s get real. This was only the CBI talking not the US Treasury or the State Dept.

I was then told that the next rate change would be productive in two ways: 1. It would drive in the stashes of dinar and dollars into the banks needed for liquidity; 2.It would finally redenominate back to the lower denominations. The key was the word is “back”, meaning this process is NOT being done because of hyper inflation but rather a planned process to ramp down from the sanctions mode and back to currency and financial normalcy.

I hope this helps.

From Mike Alpha: If I’m not mistaken, the IMF requires that they have to wait 2 months after changing the rate.

Answer: Mnt Goat: Guten Tag Mike., Yes you are correct but it is 90 days not 60 days. That is what the IMF has told the public is their policy. But the important part you seem to forget is WHY the IMF has this policy. They have the policy to monitor for inflation after the rate change. What is and has been the inflation rate for Iraq all along? It is the lowest of any country in the middle east, about only 1%. I was also told that there would be a “period” to check for inflation after the rate change. The CBI did not feel like 90 days would be necessary, at least that is what I got out of the conversation years ago.

I hope this helps.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more 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 these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

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, much more, I assure you! 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 June 2025 and so, isn’t it? June is here. Was He lying to us? Remember that these globalists satanic cult 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 to maintain control over you. If all else fails, they will get more and more desperate to overcome the good trying to rebuild and free our nation.

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 is 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

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

“A POLITICAL RESET WILL RESHAPE THIS NATION”

The prophecy today can be found at the 11:17 minute mark on the video.  From July 19th. 

I am going to leave this one up for awhile because you all need to watch this and listen to it carefully and i mean carefully because this does effect our timing of the RV we are all waiting for. This reset will shape not only the US but Iraq and many other countries.

“A 15-YEAR RETURN AND RECOVERY FROM THE LORD – ANDREW WHALEN”

Could our long awaited RV be part of this recovery? I have recorded an audio part of today’s prophecy for you because I believe this is so relevant to what we, as investors in the Iraqi dinar, have witnessed so far. Didn’t I tell you over and over again that the foreign policy during the Obama years caused our hold up of the reinstatement of the dinar? This reinstatement even God promised to us much earlier than now.

So, take the year 2025 minus 15 years and what do you have? You have right around 2010-2011 when the IMF was making plans with Dr Shabibi and put together the process of how to get the dinar reinstated the quickest and best way for Iraq. Is this coincidental? So, look at Iraq today and all the corruption they had to go through. They told us they could have rebuilt Iraq three times over with all the stolen money.

When in this prophecy today, God says he is going to recover what has been lost and is going to RESET this nation back 15 years, this RV is part of the his reset too. Fifteen  years..WOW! Again reset, reset, reset,,,,, Another sign to us from GOD that this RV is going to happen and it is just around the corner now. Can’t you see the exposure of Obama and all this corruption. Oh… but there is still lots to yet expose and its coming. Michele is a transgender and this is going to come out. I know its hard to believe but be patient. Iraq has overcome all these satanic, dark elements and is prevailing regardless. Again, I have to add that I firmly believe that prime minister Al-Sudani is the Donald Trump for Iraq.

You can watch the full show here: LINK below

A 15-Year Return And Recovery From The Lord – Andrew Whalen

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From God to the PROPHET:  Julie Green

“THE TRUTH IS COMING OUT ABOUT ISRAEL”

You can go to mark 21:23 on the video to start prophecy. Second one from July 27^nd.

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“ARE YOU PREPARED FOR WHAT IS COMING?“

You can go to mark 18:29 on the video to start prophecy. From Aug 1st.

We to stop being distracted on what is going on in the news, and pivot and pay more attention to what He is saying.

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All I can is “God told you so”!

DOJ LAUNCHES A GRAND JURY INVESTIGATION INTO RUSSIAGATE CONSPIRACY ALLEGATIONS

The Justice Dept is now taking the next step and moving the Tulsi Gabard evidence along to a Grand Jury which will look at the evidence and then the next step will be taken, if applicable. Yes, this is being elevated and will not go away like so many other crimes against Americans in the past by these crooked politicians.

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TRUMP UNCOVERS A ‘TRILLION DOLLAR’ SCAM LAUNCHED BY BARACK OBAMA 

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THE DURHAM REPORT ANNEX IS FINALLY DECLASSIFIED AND IT IS RELEASED.

What does it tell us?

Stephen Miller, deputy chief of staff, UNLOADS on Dems over Russiagate: ‘One egregious felony after another’.

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JEANINE PIRRO CONFIRMED— HER FIRST BOMBSHELL ORDER PUTS DC ON NOTICE

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THERE’S A MUTINY AT THE FED

It won’t be long before the Trump administration cancels the Fed contract and moves its functions to the US Treasury altogether. By the way…this is where it should have been anyhow for almost century. It’s just taking a strong leader to bring it back from the hands of the private banking cartel. Oh boy… and they surely don’t like that.

DECLASSIFIED: NEW BOMBSHELL ON ‘RUSSIAGATE’ DROPS. FBI PLAYS MAJOR ROLE IN DECEPTION

IT WILL BE SOON REVEALED WHO WAS BEHIND THE COCAINE FOUND IN BIDEN’S WHITE HOUSE 

TULSI GABBARD: OBAMA COULD BE PROSECUTED FOR TREASON.

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THE ‘BIGGEST SCANDAL’ IN AMERICAN POLITICS

Next the news moves on to, yet another scandal being exposed. This one is going to ultimately expose that the real Biden was not even sworn in as president. Who was really running the Whitehouse for the last administration? I believe this will also be connected to Barrack Obama. He is going to get deep in mud over his head.

IRAQI DINAR NEARS OFFICIAL RATE AS MARKET STABILIZES

Iraq’s national currency, the dinar, is showing strong signs of recovery, with the market rate steadily approaching the official exchange rate of 1,320 IQD to the US dollar. After a turbulent period of volatility and speculation, this shift signals something deeper than a temporary market correction – it’s the product of deliberate government action, changing trade behaviors, and a structural shift in how Iraqis interact with money.

FROM CHAOS TO COORDINATION

Until recently, the dinar’s value on the street was largely dictated by informal market players who thrived on gaps between official and parallel exchange rates. But over the past year, the Iraqi government has launched a wide-ranging campaign to take back control by tightening regulation, changing how dollars are accessed, and nudging both businesses and individuals toward official channels.

The government’s decision to ban US dollar transactions for local high-value purchases, especially in real estate and luxury goods, has played a major role in restoring demand for the dinar. Meanwhile, businesses that once relied on the Central Bank’s daily auctions are now required to process foreign payments through correspondent banks, reducing the space for dollar hoarding and speculative arbitrage.

“Speculation is being replaced by structure,” said Mazhar Mohammed Salih, financial advisor to the Iraqi prime minister. “The state has finally begun to set the rules, and the market is responding.”

A NEW FLOW OF DOLLARS

Beyond regulatory shifts, Iraq’s economy is also undergoing subtle but important changes in how foreign currency flows in and out. The government has started compensating some international contractors in crude oil rather than cash. These companies then sell the oil on global markets and bring the dollars back into Iraq through their own channels – providing the economy with a fresh, non-Central Bank supply of hard currency.

At the same time, Iraq’s role as a re-export hub – once a key driver of black-market demand for dollars – has sharply declined. Stricter oversight at borders and more formal trade practices have undercut the once-lucrative business of reselling goods to countries like Iran, Syria, and Turkey through backdoor channels.

As demand for cash dollars softens, the gap between the official and street rate is closing. And that gap, which for months symbolized inefficiency and mistrust, is now rapidly shrinking.

“There has been a clear shift in behavior,” said Manar al-Obaidi, head of investment firm FFC. “Dollar demand is down, and confidence in the system is creeping back.”

STRUCTURAL OVERHAUL MEETS ECONOMIC COOLDOWN

The current trend is also rooted in longer-term structural changes. Iraq’s economy is gradually becoming more formal. Small traders are getting easier access to official currency rates, electronic payments are on the rise, and retail imports are being managed through cooperatives that use the official rate.

At the same time, Iraq is seeing a slowdown in public spending on infrastructure and large projects – partly a result of fluctuating oil revenues. With fewer imports flooding in, the overall demand for dollars has naturally declined.

“The fundamentals are shifting,” said economist Ahmed Tabaqchali. “There’s a mix of reform and slowdown happening together, and both are cooling the pressure on the currency.”

THE ROAD AHEAD

Iraq’s challenge has never been about a lack of resources. With healthy foreign reserves and oil exports still strong, the question has always been whether those resources could be managed transparently and strategically.

Now, for the first time in years, there’s momentum toward that goal. The dinar’s recovery is not just a technical market win – it’s a reflection of rising trust in the state’s ability to regulate and stabilize. Whether this trajectory holds will depend on consistent enforcement, sustained reforms, and the government’s ability to shield its progress from political turbulence.

But for now, the message from the market is clear: the dinar is no longer drifting – it’s being steered.

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OIL IS NOT ANOTHER REASON DELAYING THE SUBMISSION OF BUDGET TABLES TO PARLIAMENT, AND A WARNING AGAINST ENTERING 2026 WITHOUT THEM.

(They simply will rollover these projects to the 2026 budget and they have done this many times already. This in NOT a crisis, as the author wants us to believe. It is a foolish article and just an “opinion”)

Economic expert Safwan Qusay revealed non-oil reasons behind the delay in submitting the budget schedules to parliament, warning of the repercussions of entering 2026 without actual approval, which could disrupt public spending and impact economic stability.

Qusay told Al Furat News: “The delay in sending it is not only related to fluctuating oil prices, but also to a government attempt to audit the numbers of employees, retirees, and those covered by welfare and the ration card, which may reveal exaggerations and inaccurate funding in some items over the past years.”

He added, “Financial and economic stability requires sustaining spending rates at levels similar to those recorded in the 2024 budget, which amounted to approximately 360 trillion dinars,” noting that “a decline in public spending could lead to an economic contraction, particularly in items related to new projects and job opportunities.”

Qusay explained that “the government continues to spend on salaries, pensions, welfare, and the food basket, as these are governed by laws. However, investment agreements and development projects require financial schedules to ensure sustainable funding and reduce unemployment rates.”

He pointed out that “budget tables represent an important reference for the private sector, which relies on them to plan imports and investments,” noting that “the absence of these tables will lead to economic confusion, requiring urgent intervention from Parliament to avoid entering the next year without a legal basis for spending.”

In a related context, Qusay noted that “oil prices during the first half of 2025 reached approximately $70 per barrel,” stressing that “the future outlook for the markets indicates the possibility of prices rising due to increased demand from China and the United States and improved understandings between the European Union and the United States, which could push the price to $73.”

Regarding production policy, the expert concluded by saying, “The Ministry of Oil is determined to increase production capacity to nearly 6.5 million barrels per day over the coming years, while Iraq’s OPEC quota is gradually increasing by 50,000 barrels per month in preparation for returning to the production capacity approved in November 2023.”

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2025 BUDGETS ARE IN JEOPARDY. PARLIAMENTARIANS DEMAND THAT THE GOVERNMENT BEGIN PREPARING THE 2026 BUDGET.

(Mnt Goat: I don’t want anymore doubts from anyone on what I tell you. It is FACTUAL and UPTODATE and WELL RESEARCHED. All I can say to anyone still following this budget table Article 12 nonsense for the RV is this – GOOD LUCK WITH THAT! 😊 Its your time and stress all for nothing. I told you this almost a year ago. So this is yet more proof. What the hell more do you want? Come ‘on snap out of this intel guru bullshit and let’s talk reality.)

The Parliamentary Finance Committee appears to have reached a firm conclusion that the government will not submit the 2025 budget schedules for a vote.

(Mnt Goat: Oh gee whiz…… I told you so!)

Committee member Moeen Al-Kadhimi said in an interview followed by ( IQ ), “A directive was issued from the Prime Minister’s Office to the Ministry of Finance to be patient regarding the 2025 budget schedules, and to prepare for the 2026 budget.”

Al-Kadhimi ruled out approving the 2025 budget schedules, saying, “The government only has five months left in its term, and it must begin preparing the 2026 budget.”

He pointed out that “the funding of employee and retiree salaries, social care, and operating and investment expenses will continue, according to the state treasury’s resources.”

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CHINA PETROLEUM ENGINEERING WINS BID FOR MASSIVE OFFSHORE PIPELINE PROJECT IN IRAQ

China Petroleum Engineering Corporation (CPEC), a subsidiary of the China National Petroleum Corporation (CNPC), announced it has won a bid for a major offshore pipeline project in Iraq. The project is expected to be worth approximately $2.5 billion.

This project represents an important step towards strengthening Iraq’s oil export infrastructure, particularly its offshore component, which will contribute to increasing the country’s capacity to pump and export crude oil.

According to economic websites, a Chinese company’s winning of this massive bid confirms the growing role of Chinese companies in the global oil and energy sector, particularly in the Middle East and Iraq.

This major investment reflects China’s commitment to securing and diversifying its energy sources, as Iraq is one of the world’s largest oil producers and a major supplier to China. The project is expected to contribute to the creation of significant job opportunities, both directly and indirectly, during the construction and operation phases.

This pipeline could also contribute to increasing Iraq’s oil export revenues, which is vital for the country’s economy, which is heavily dependent on oil revenues. This project is another example of the growing economic cooperation between Iraq and China, which includes many sectors, particularly energy and infrastructure.

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2025 ENDS… PARLIAMENT CALLS ON SUDAN TO PREPARE A 2026 BUDGET

The Parliamentary Finance Committee confirmed on Friday that the government’s delay in submitting the 2025 budget schedules to Parliament for approval constitutes a legal violation. While anticipating that the schedules will not be submitted soon, the committee called on the government to begin preparing a draft 2026 budget law.

Committee member Moeen Al-Kadhimi told Shafaq News Agency, “The government’s delay in submitting the 2025 budget schedules is a legal violation, as funding and disbursements since the beginning of the year and continuing until now are problematic, given that the Triennial Budget Law No. 13 of 2023 obligated the government to submit budget schedules that are approved annually, as happened in 2024.”

Therefore, as Al-Kadhimi adds, “The government should have submitted the 2025 budget schedules before the end of 2024, but it was delayed. Recently, the Prime Minister’s Office issued a directive to the Ministry of Finance to postpone the 2025 budget schedules and prepare for the 2026 budget.”

A member of the Finance Committee ruled out approving the budget schedules anytime soon, “given that the government has only five months left in its term, and that it continues to fund employee and pensioner salaries, social welfare, and operating and investment expenses based on the state treasury’s available funds.”

Regarding the 2026 budget, Al-Kadhimi said, “If the government is serious about preparing it, it should begin doing so now, based on oil price estimates and market conditions, and then submit the draft to the next government.” 

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THE KURDISTAN REGIONAL GOVERNMENT (KRG) HAS BEGUN PREPARATIONS TO HAND OVER OIL TO SOMO

The Kurdistan Regional Government (KRG) has begun preparations to hand over oil to SOMO and foreign companies have returned to the oil fields.

The committee formed to investigate the 22 drone attacks on the Kurdistan Regional Government (KRG) oil fields has not yet submitted its final report to Iraqi Prime Minister Mohammed Shia Sudani, the newspaper Al-Arabiya al-Jadeed reported.

He added that the companies that left the oil fields have now returned to the oil fields and resumed their work and the Kurdistan Regional Government has begun preparations to export oil through SOMO.

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POVERTY IS DECLINING IN IRAQ, THANKS TO “OIL, NOT REFORM.” WHAT HAPPENS AFTER THE BARREL DRIES UP? – URGENT

The Ministry of Planning recently announced a significant drop in the poverty rate in Iraq, from 23% in 2022 to 17.5% currently, a significant decline that is the first of its kind in years.

While government circles welcomed this decline, considering it evidence of the effectiveness of social protection programs and support for vulnerable groups, expert opinions differed regarding the true reasons behind this change, amid warnings that this decline is “fragile” and temporarily linked to a fleeting financial abundance.

According to a statement from the Ministry of Planning, the decline in poverty rates is due to a number of factors, most notably:

– Expanding the social safety net, covering more than 7 million citizens.

– Improving the food ration card system and increasing its quantities, which has eased the food burden on the poor.

– Launching soft loans for youth to support them in establishing small businesses and providing self-employment opportunities.

These measures, while seemingly effective in terms of numerical results, are essentially dependent on direct funding from oil revenues, which have witnessed a significant recovery in recent years, raising concerns among observers about the sustainability of these results if crude prices decline.

An Unsustainable Decline in a Fragile Rentier Economy
Despite the reassuring figures on paper, observers believe that the decline in the poverty rate does not reflect a real transformation in the structure of the Iraqi economy, but rather represents a circumstantial result linked to a temporary financial surplus. Economist Nabil Al-Marsoumi asserts that “the recent improvement in poverty rates was not the result of economic reforms or long-term development policies, but rather a result of rising oil revenues, which are inherently unstable.”

Al-Marsoumi added in a post on his official Facebook page, followed by Baghdad Today, that more than 8 million Iraqis remain below the poverty line, despite Iraq being the fifth largest oil producer in the world. He pointed out that this decline in poverty is not based on much because it does not result from economic diversification or real job opportunities, but rather from temporary high government spending that exacerbates citizens’ dependence on the state and increases the fragility of the economy in the event of a decline in oil revenues.

Al-Marsoumi believes that relying on rentier programs to boost social welfare indicators could have adverse long-term effects, as the state’s financial obligations accumulate without real productivity growth. This places a burden on future budgets, especially with fluctuating global oil prices and increasing pressure on public spending.

Specialized economic studies indicate that the decline in poverty rates in Iraq is a positive development, but it cannot be viewed in isolation from the nature of the Iraqi rentier economy, which relies on a single source of income. In the absence of a clear strategy to diversify the economy and the decline in investment in productive infrastructure, this improvement will remain vulnerable to reversal with the first drop in oil prices or volatility in the global market.

Independent economic experts agree that what Iraq needs is not just increased spending, but rather transforming its oil wealth into sustainable development opportunities. This can be achieved by creating a viable investment environment, empowering the private sector, improving the quality of education and vocational training, and linking them to the labor market. Poverty cannot be overcome by subsidies alone, but rather by genuine development that creates opportunities, not reliant on global market fluctuations, but rather on internal stability and a strong productive infrastructure.

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SOURCE: THE CENTRAL BANK OF IRAQ HAS SUSPENDED THE BANK OF BAGHDAD FROM DEALING IN DOLLARS.

(The bank of Baghdad has already refuted this claim in the news. So what really is the TRUTH? Two articles on this topic today so I believe it is really happening.)

An informed source reported that the Central Bank of Iraq has issued a decision to suspend the Bank of Baghdad from dealing in US dollars, in a new step aimed at strengthening oversight of financial transactions and combating manipulation in the foreign exchange market.

The source, who requested anonymity, told Al-Mustaqilla on Sunday that the decision was part of a series of measures taken by the Central Bank to curb currency smuggling and stabilize the dinar-dollar exchange rate, following the detection of violations related to transfer mechanisms and foreign transactions.

Bank of Baghdad is one of the largest private banks in Iraq and has a prominent presence in the banking market. This decision will have a significant impact on banking and commercial operations, especially in light of the challenges facing the country’s financial system.

No official comment has yet been issued by the bank concerned, but it is expected that this move will be followed by similar decisions against other banks and financial institutions that may be proven to be involved in financial violations or abuses in the use of the US dollar.

It is noteworthy that the Central Bank of Iraq has recently intensified its oversight measures on foreign currency auctions and external transfers, in an attempt to control the market and restrict speculation and smuggling, which directly impact the country’s economic stability.

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NEW SANCTIONS EXPECTED ON IRAQI BANKS AFTER THE DECISION TO SUSPEND THE BANK OF BAGHDAD.

 An informed source revealed that the Central Bank of Iraq intends to impose additional sanctions on a number of local banks in the coming days for violations related to the mechanism for dealing in US dollars. This comes days after it decided to suspend the Bank of Baghdad from conducting any dollar transactions.

The source, who requested anonymity, confirmed to Al-Mustaqilla on Sunday that these measures come after important meetings recently held in Istanbul between Iraqi and international delegations, during which the Iraqi side was informed of the need to tighten controls on financial transfers, regulate dollar transactions, and prevent its use in activities that violate international standards of transparency and anti-money laundering.

The source added that the banks subject to sanctions had violated instructions regarding the provision of transparent data about their customers and transfer mechanisms, or had failed to comply with “Know Your Customer” (KYC) procedures, a fundamental principle in combating money laundering and terrorist financing.

This move is part of broader efforts by the Central Bank of Iraq to control the foreign exchange market and reduce illicit reliance on the dollar, particularly following increasing indications of its smuggling out of the country through unregulated banking channels.

Observers believe that these sanctions may extend to other prominent banks if they fail to comply with the required reforms, amid US and international pressure on Iraq to modernize its financial system and strictly implement international standards.

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FROM TEHRAN TO BAGHDAD… WILL “REMOVING ZEROS” BECOME A POLICY TO CONCEAL STRUCTURAL DEFICITS?

 

The Economic Committee of the Iranian Shura Council approved a draft law to remove four zeros from the national currency, a move that suggests a technical effort to address a structural crisis rather than a genuine economic breakthrough. When monetary solutions become political facades, tampering with the digital form of currency becomes an expression of a deep dilemma at the core of public policy.

The draft law seeks to establish the riyal as the official currency, but with a new calculation: each new riyal is equivalent to ten thousand of the previous version, divided into 100 qirans. Although this proposal is not new, it was re-proposed from the 2019 archives, amid the ongoing erosion of purchasing power and a clear failure to contain inflation or restore monetary confidence.

It’s no secret that this proposed amendment comes in the context of intense economic pressure since Washington’s withdrawal from the nuclear agreement in 2018 and the subsequent “maximum pressure” policies. With the dollar on the black market reaching 925,000 riyals, it appears the state is trying to restore the currency’s image, not its actual value. 

This recalls the concepts of hyperinflation and revaluation, which some countries resort to as short-term palliatives in the absence of structural reforms.

Behind this decision lies a political desire to redefine the relationship between state and citizen by “simplifying” financial codes, as the Economic Committee spokesperson indicated when he said the goal is to “simplify transactions and institutional scrutiny.” However, this simplification conceals a greater complexity: a collapse of trust, a spectacle of decline, and a state of structural denial.

Could this model apply to Iraq? The data are different in form, but similar in content. Iraq, too, suffers from an excessively rentier economy, a parallel currency market, and a lack of transparency in reserve management. If political crises and financial corruption persist, the option of “removing zeros” may one day be presented not as a monetary option, but rather as a symbolic cover to evade the demands of genuine reform.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat