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:

September 18, 2025 Mnt Goat News Brief

Guten Tag everyone:

Iraq is working hard to clean up loose ends mandated by the U.S.  Will it all come together in time…..tick tock,,,, tick tock…

September, September, it’s all about September…….   

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. Please show your appreciation for all the hard work I do.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. This is like a second job to me. The only way I know that people are reading and appreciating all the FACTUAL news I bring is through their appreciation. If I do not receive equal appreciation for all the hard work I do, I will simply end the Newsletter and save myself endless hours at the computer. I am tired of this RV saga just as you are. We are now down to the wire and the end is very near. I feel this would be a lousy time to end the Newsletter but that is all up to you. As I suggested I will probably have a LIVE conference call once the reinstate happens to help clarify issues in the exchange process. It is all up to you if you want me to help.

 Let’s all try to chip in!

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Matthew 6:2

“So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by others. Truly I tell you, they have received their reward in full.”

STATUS OF THE RV

More news….

PARLIAMENTARY OIL AND GAS COMMITTEE: NO STABILITY IN REGIONAL SALARIES WITHOUT IMPLEMENTING THIS STEP.

(No RV without this step too…. Oh there’s that key word again – STABILITY)
Member of the Parliamentary Oil and Gas Committee, MP Bassem al-Gharibawi, confirmed on Wednesday that the majority of political blocs, with the exception of the Kurdistan Democratic Party, support resolving the Kurdistan Region’s employee salary crisis, provided that the regional government adheres to the recent agreement with the federal government, which stipulates the delivery of non-oil revenues and produced oil to the State Oil Marketing Organization (SOMO).

He added, “Talk about the region handing over 120 billion dinars to the government has not yet been confirmed and remains mere statements without tangible evidence.” He pointed out that “the region, according to its own admission and according to international technical reports, produces about 280,000 barrels per day, while estimates, according to an agreement between the federal Board of Supreme Audit and its counterpart in the region, indicate that the region’s actual need does not exceed 50,000 barrels per day, which means that the remaining quantities must be delivered to SOMO.”

STATUS OF THE RV

No! There is no RV or Reinstatement of the Iraqi dinar yet. Don’t let these intel gurus or internet idiots fool you with their hyped-up sites. They only want your clickity-clicks. Get it?

As we are over the midpoint of September, we see a progression of the Oil and Gas Law provisions being laid out in front of us. No, the Oil and Gas Law (or HCL) is not yet completed but they are closer than ever. There is actually a REAL possibility the law could soon go before parliament for a vote. What we read today are only provisions and they have to now be put in the form of a law, which is already drafted in the council of ministers. It still will have to be finalized once implemented in reality and proven to work, then passed to parliament for a vote.  

You might want to get the full story today in the Articles Section of the Newsletter under these three recent articles titled:

😊“IRAQ AND THE KURDISTAN REGION REACHED AN OIL AGREEMENT” –

The Iraqi Council of Ministers voted on two decisions on the mechanism of dealing with foreign oil companies and the issue of oil in the Kurdistan Region. The Kurdistan Regional Government (KRG) and the Iraqi Federal Government have reached an agreement on the handover of Kurdistan Regional Government (KRG) oil to Baghdad. According to the new agreement, only 50,000 barrels of oil produced in the Kurdistan Region will be recycled for domestic consumption, while the rest will be handed over directly to SOMO. The Iraqi Council of Ministers has welcomed the latest steps taken by the Oil Ministry and the Ministry of Natural Resources to resume oil exports.

😊“KURDISTAN HANDS OVER ALL ITS CARDS TO BAGHDAD: NO MORE JUSTIFICATION FOR CUTTING SALARIES” –  

Kurdistan Regional Government spokesman, Peshwa Hawrami, announced today, Wednesday (September 17, 2025), that the region has met all the federal government’s demands regarding the oil file, stressing that there is no longer any justification for not sending the salaries of Kurdistan employees.

😊“KURDISTAN’S OIL IS ON THE VERGE OF EXPORT. SOMO COMPLETES ITS COMMITMENTS, AND THE FINAL OBSTACLE IS THE COMPANIES’ GUARANTEES.”  

Oil expert Kovind Sherwani revealed on Wednesday (September 17, 2025) that the National Oil Marketing Company (SOMO) has concluded its contracts and obligations with companies purchasing oil from the Kurdistan Region, in preparation for resuming exports in the coming days. He pointed out that “the companies stipulated written guarantees in a tripartite agreement between the federal Ministry of Oil, the region’s Ministry of Natural Resources, and the foreign companies,” explaining that “the issue relates to organizing the payment mechanism and receiving the funds, which is the last obstacle to resuming exports.”  We were told in previous articles that SOMO will be paid in oil. Yes, oil and given enough to cover the cost of extraction and their expenses.

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What else is in the news?

Jumping over to yet another topic is the expulsion of the PMF from Iraq. Let’s take a look at the recent news out of Washington in two articles titled –

☹“IRAQI AUTHORITIES MUST ‘DIVORCE THEMSELVES’ FROM IRANIAN INFLUENCE: US CONGRESSMAN”

 WASHINGTON, DC – The Iraqi government must take steps to disassociate itself from the “evil” Iranian regime, Congressman Joe Wilson told Rudaw on Wednesday, calling on Baghdad to cooperate closely with Washington and steer clear of Tehran. 
“It’s particularly sad to me that terrorist organizations have been allowed to exist,” Wilson, a staunch Iran critic, said, reacting to the US State Department’s designation of four Iran-backed Iraqi militia groups as Foreign Terrorist Organizations (FTOs). “The Iraqi government needs to take steps. They need to divorce themselves from the influence of Iran.”

☹“WASHINGTON OFFICIALLY DESIGNATES FOUR IRAQI ARMED FACTIONS AS “TERRORIST” ORGANIZATIONS.”

The US State Department announced on Wednesday that it had designated four Iraqi factions it described as “allied with Iran” as foreign terrorist organizations.

The ministry said in a statement published on its official website, and seen by Shafaq News Agency, that:

• the al-Nujaba Movement,
• the Sayyid al-Shuhada Brigades,
• the Ansar Allah al-Awfiya Movement, and
• the Imam Ali Brigades

were designated as “specially designated global terrorists,” noting that Iran, as “the world’s largest state sponsor of terrorism,” continues to provide support to these “militias,” enabling them to plan, facilitate, or carry out attacks across Iraq.

VERY IMPORTANT: Oh… Muslims are not radical? Really? Enough said. If there are actually truly peaceful Muslims than they better start standing up to these radical groups and denounce them as Muslims or they too are going to be branded the same. They need to do the dirty work and stop leaving it up to the western powers to do it for them. If they don’t it is only going to backfire on them and this process has already begun.

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Will Iraq be able to manage all this non-oil revenues or will it too be squandered away?

I need every one of my readers to understand the full severity of this statement above. I know, I know many of you couldn’t give a damn and I agree but the RV has not yet happened and so we are stuck sympathizing with them for now. It is our investment and many of us put lots into this to make a lot.

Sometimes I think these Iraqi people are idiots on what treasures they already squandered since letting these Iranian politicians influence their country. There has been so much money stolen it put shivers down my spine. So what good did the DFI fund so for Iraq anyhow? It is not part of the problem or still the so called “answer” to funding terrorism. Good luck with that since we know its part of the problem using the sole peg to the dollar and even selling oil in dollars in the first place. Yes, it is all now part of the problem and no longer the solution, as if it ever was even.

They say that Iraqi revenues lost are in the trillions not billions and that’s dollars not dinars. So go figure who’s the idiot. It’s been twenty years already and so where is the rebuilding of their own country? Has it been just a free-for-all by those politicians who have influence? Is this what the war resulted in? Is this really freedom and helping the average Iraqi citizen? Very sad what they have done to Iraq.

Most of Europe was rebuilt in ten years following WW2. Now we have been told that these non-oil revenues can rival the oil revenues. Are the Iraqi people even smart enough to know how to handle this much money? All I can add is to ask a plea – please reinstate the dinar and get us off this rollercoaster dinar ride! Lol… lol…. lol…

Just so everyone knows that I recently was told in conversation by my CBI contact that the long-term plan was never to reinstate the dinar for a very long time. That if it was not for the Trump administration and all the help so far from the US Treasury and other financial experts over the last years, it would be still be a very long time. But that we all need to know that since the Dr Shabibi attempt over 13 years ago lots has changed and  the Obama stagnation era of complicity with Iran is over. A new era for Iraq has started, a more progressive global era. An era of true independence. They are going to “normalize” Iraq and the reset is coming. But how does Iraq get there? In these two articles today give us a short glimpse of what must be done.

😊So, again the recent news circles back to the idea, or should I say necessity, in establishing an Iraqi sovereign fund in the article titled “A GOVERNMENT ADVISOR PROPOSES ESTABLISHING A SOVEREIGN FUND FOR NON-OIL RAW MATERIALS.” When Saleh talks, I listen.

“Economic expert Saleh emphasized the importance of establishing an Iraqi sovereign fund specializing in non-oil and gas natural resources as a strategic tool to maximize added value and diversify sources of national income. Saleh told Al Furat News Agency that this fund, which differs in its objectives from the Central Bank of Iraq’s investment portfolio, which focuses on cash, will employ financial surpluses generated from raw materials such as phosphates, sulfur, and iron to develop manufacturing industries.

Folks there is also close to 100 billion in US dollars in the DFI fund just sitting idle in the banks in NYC not collecting any interests. This is an escrow account that was set up to safeguard the petro-dollar oil revenues from terrorists or creditors. Is it time to also release these funds. Just think about it at just 10% return. Revenues on 100 billion would be 10 billion annually. This revenue stream is being lost each month. But this was part of the US plan to speculate on the US dollar and keep the fiat currency afloat. Remember the only way the US dollars survive is by the demand for it across the globe. This demand only comes with confidence in it. But there are other ways for the dollar to survive, and the Trump administration has a plan. Yes, it takes people with common sense to implement it. But most importantly to see the full potential of Iraq. Can the U.S. break the chains of the Federal Reserve and the Central Banker’s cartel? So, we can see that Iraq is in the same situation as the U.S.. They too must break free.

We must continue our prayers for the Iraqi people and the future of Iraq. Let God’s abundance and prosperity rein down upon that nation.

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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 has been amazing too as promised. Was He lying to us? Here comes the indictments.

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.

Prophetic Words from prophet: Julie Green

“Many politicians are about to be arrested”

You can start watching the video at the 22:23 mark. From Sept 13th .  

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

IT COULD NOT COME ANY SOONER!

THE PROPHESIZED BIBLICAL ESTHER

Could this be Charlie Kirk’s wife Erika?  Is it time?   Please watch and listen carefully to the Kim Clement Prophetic Word given in 2011 on this coming event of the Esther woman. Is Erika the healer, the uniter, the Esther that God promised us? Let’s see and find out.  

THE WORLD MORNS THE DEATH OF CHARLIE KIRK

Millions took to the streets of the US and London in the UK to morn. I have to tell you that this video was beyond sad. I have seen some bad stuff while in Iraq during the war but this is way beyond evil what they did to assassinate him. I also want to add that I believe that Tyler Robinson DID NOT pull the trigger and was set up by the CIA as their patsy. How much money did they pay him? The evidence was laid out just too perfectly to apprehend him. Will we ever know the identity of the true assassin?

WHO WILL ‘CARRY THE TORCH’ FOR CHARLIE KIRK

As I write this Newsletter today tears roll down my face as I got off the phone with my CBI contact only to hear about the Charlie Kirk assassination. As many may already know that on Wednesday, Charlie Kirk (31) was assassinated at a Utah college campus. I can not say enough on how sad this is and how extreme the extreme will go. This is how bad they wanted to shut us up. I have to say this is the devil himself at work again. Charlie and his wife Erika were blessed with two healthy and beautiful children together and just recently too. There is no justification for this barbaric murder.

We must all PRAY for him as he enters the gates of heaven. He will be missed!

Folks, now you know why Mnt Goat stays in the shadows and remains distant. I too have feared for my family. Each Newsletter I put myself in jeopardy be telling the TRUTH and disbanding the lies being told. But remember my TRUTH is not really my TRUTH but yours too. My blog is their words not mine. People like Charlie Kirk try to make a difference and are part of the solution rather than the problem. Will you join us? Will you be the next “Charlie Kirk” to pick up the baton and continue where he left off?

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WHO’s REALLY INSIGHTING PEOPLE TO COMMIT THIS VIOLENCE?

Again, someone sent these politicians a script to follow to get on the news in front of the cameras. Yes, it was time to call Trump a “fascist”.

My point is not so much that they called Trump a fascist, as we all know he is not and we don’t buy their stupid rhetoric. Instead, I just wanted to bring out how someone behind the scenes is telling them what to say and when to say it. Is it coincidental that all get on the band wagon at the same time and call him the same nasty words. Now after their wishes of violence have come true with the two assassination attempts on Trumps life and not the actual killing of Charlie Kirk, we must take a step back and ask who is really insighted the violence and how do we stop this?

I COULD NOT HAVE SAID IT ANY BETTER….

Katie Hopkins speaks out in London 2025 on regaining our freedoms.  

THE SHADOW ECONOMY IN NUMBERS: TONS OF GOLD WORTH BILLIONS OF DOLLARS TO MAKE UP FOR THE “BLACK DOLLAR” SHORTAGE

In a volatile economic landscape dominated by weak oversight and a fluctuating local currency, gold in Iraq has transformed from a traditional commodity into a central financial instrument, simultaneously reflecting internal crises and external conflicts. Figures announced for the first half of 2025 revealed imports exceeding $30 billion from five major countries, led by the UAE with $10.5 billion, followed by China with $8.8 billion, Turkey with $4.9 billion, the European Union with $3 billion, and India with $1.8 billion. Among these imports, precious metals—led by gold—were valued at $3.3 billion, confirming that this sector now occupies an exceptional position in the structure of Iraqi trade.

Given the restrictions imposed by the US Treasury Department since 2023 on bank transfers, gold has emerged as an alternative channel to compensate for the dollar shortage.

Instead of outflowing hard currency through official remittances, importing gold in large quantities has become a means of recirculating funds, whether by re-exporting it to neighboring countries such as Turkey, bartering it for Iranian goods, or even using it as an asset that can be easily liquidated away from the banking system.

According to economic estimates, gold has become a “practical cover” for dollar smuggling operations, as it is imported through official outlets but redirected through unregulated financial channels.

This dual role makes the precious metal not just a commodity, but an alternative instrument that rivals the dollar in influence.

Previous data reveals that 2024 marked a shocking turning point, when the value of gold imports reached $12.5 billion, equivalent to 16% of the country’s total imports. This figure is roughly equivalent to the Central Bank’s entire gold reserve of $18 billion. In the absence of accurate data on the entry points through which the gold was imported or its internal distribution mechanisms, questions have grown about the final destination of these quantities: Was it actually consumed in the local market, re-exported, or used as a barter instrument in undisclosed trade relations?

This shift is no longer a purely financial matter. In the markets, rising gold prices have directly impacted daily life. A Baghdad Today correspondent observed a widespread recession in goldsmith shops, with the price of a 21-karat gold misqal exceeding 730,000 dinars, while 24-karat gold jumped to more than 830,000 dinars, coinciding with the global price of an ounce exceeding $3,600. These figures have prompted many young people to postpone marriage and imposed new burdens on families with the inflated dowries. Social affairs experts warn that the phenomenon is no longer merely a market crisis, but rather a threat to the fabric of society by deepening the phenomenon of aversion to marriage and delaying the age of starting a family.

Given these facts, economic expert Manar Al-Abidi stressed that “government efforts to control imports face significant challenges, particularly with the attempt to include all goods in the reform at once.” He called for “focusing primarily on high-value goods such as gold, and linking transactions with them to transparent electronic payment mechanisms that allow tracking of sales and purchases and identifying the ultimate beneficiary.” According to institutional estimates, automating the gold sector alone is sufficient to expose financial loopholes and close the door to its exploitation as a cover for parallel operations.

From a different perspective, economic expert Nasser Al-Kanani believes that the crisis is not limited to Iraq alone. “The recent rise in gold prices in the Iraqi market is inseparable from the global wave affecting the precious metal,” Al-Kanani says, explaining that “the local market is affected by a dual effect: the movement of international stock exchanges and the dollar exchange rate on the parallel market.” This approach reveals that Iraq, despite its unique crises, remains part of a global cycle that makes gold a safe haven for investors amid escalating geopolitical tensions. He also notes that the price rise is not just a local result, but a reflection of global shocks.

In a move described as a strategic shift, Al-Kanani revealed that “Iraq’s purchase of more than 20 tons of gold in one year, and its rise to seventh place globally in this field, reflects a calculated move by the Central Bank to protect the national economy from fluctuations in foreign exchange rates.” This move, according to Al-Kanani, “gives Iraq greater flexibility in managing monetary policy, enhances confidence in the local economy, and may positively impact the value of the dinar and market stability.” However, this path remains fraught with risks, as gold could transform from a strategic asset into an open channel if smuggling operations continue or oversight is absent.

In conclusion, gold in Iraq has transcended its status as a commodity and has become a crossroads between three possibilities:

• an economic buffer,

• a pressing social burden, and

• a card of political influence.

However, the lack of strict oversight also makes it an open loophole that could transform into a permanent channel for dollar smuggling or bartering with neighboring countries, away from the banking system. This exposes the country to further exposure to external pressures. The future of this resource will not be determined by the volume of tons entering the market, but rather by the state’s ability to control its flow and prevent its leakage into the shadow economy. This would transform it from a source of concern to an element of strength, and from a parallel tool for currency smuggling to a strategic asset that reinforces confidence in the dinar and Iraqi financial policy, according to observers.

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AL-KALABI: THE CENTRAL BANK IS GOING THROUGH ITS WORST CONDITIONS, AND THE GOVERNOR HAS PROPOSED AN ILLOGICAL IDEA REGARDING EXCHANGE OFFICES.

The head of the Parliamentary Finance Committee, Youssef Al Kalabi, confirmed that the Central Bank is experiencing “its worst administrative circumstances,” warning of the dangers of the financial policies pursued over the past three years.

During his appearance on the Al-Noqta program on Al-Furat satellite channel, Al-Kalabi said, “The current financial indicators are extremely poor, and the financial management over the past three years has committed disastrous errors that have had a negative impact on the national economy.” He pointed out that “the Central Bank has failed to control the gap between the official and parallel rates, despite salaries being fully secured, and this has led to punitive measures affecting 28 local banks.”

He added that “the committee is hosting the head of the National Retirement Authority, the head of the Poverty Fund, general managers, and bank directors to prepare a current and future reform vision,” noting that “the governor of the Central Bank proposed an illogical and strange idea to transform three exchange offices into a bank. This proposal contradicts the nature of the financial institution’s work, which is linked to foreign relations and subject to international obligations related to combating money laundering.”

Elsewhere, Al-Kalabi addressed the Popular Mobilization Forces (PMF), emphasizing that “the organization is going through difficult circumstances amid internal and external pressures.” He explained that “the US administration has directly intervened in the PMF’s structure and threatened to impose economic sanctions on Iraq if the amendments are approved. The reason is that there are lobbies in Washington working against the Shiites and the PMF.”

He continued, “The battle against Shiites began in 2019. The October protests are real, and their supporters are good and honorable. Martyr Abu Mahdi al-Muhandis categorically rejected the involvement of the Popular Mobilization Forces in the October protests, and the third party that killed protesters was from within the state.”

Al-Kalabi pointed out that “the danger awaiting Iraq lies in internal change through constitutional means, according to information and what is currently being cooked up in political kitchens. The situation in the region has changed, and there is a possibility of a repetition of the Syrian scenario in Iraq, with part of the country being separated.” He emphasized that “the upcoming elections are a constitutional necessity, and postponing them will lead the country into deadly chaos.”

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A GOVERNMENT ADVISOR PROPOSES ESTABLISHING A SOVEREIGN FUND FOR NON-OIL RAW MATERIALS.

Economic expert Mazhar Mohammed Saleh emphasized the importance of establishing an Iraqi sovereign fund specializing in non-oil and gas natural resources as a strategic tool to maximize added value and diversify sources of national income.

Saleh told Al Furat News Agency that this fund, which differs in its objectives from the Central Bank of Iraq’s investment portfolio, which focuses on cash, will employ financial surpluses generated from raw materials such as phosphates, sulfur, and iron to develop manufacturing industries.

He stressed that the primary goal is to export semi-finished or finished products instead of raw materials, thus strengthening Iraq’s position in regional markets.

The economic expert explained that the proposal is based on several fundamental principles, including maximizing local added value by investing the fund’s revenues in industrial production chains, and supporting the diversification of the national economy by directing these investments toward vital sectors such as agriculture, industry, and renewable energy. He also noted that the fund will serve as sustainable financing for the general budget, reducing reliance on borrowing and deficit financing.

Saleh reviewed successful international experiences in this field, such as the Norwegian Government Pension Fund, Singapore’s GIC and Temasek funds, and the Abu Dhabi Investment Authority in the UAE, emphasizing the need to adopt global best practices in management, governance, and transparency.

Regarding the expected outcomes, Saleh explained that establishing the fund will reduce reliance on oil as the sole source of income, support financial stability, and attract foreign direct investment in partnership with the fund.

To realize this vision, Saleh called for urgent practical steps, including drafting a law for the fund, forming an independent founding body of experts, and incorporating the proposal into the government program and Iraq’s national development vision. This will ensure the implementation of this strategic tool, which represents a cornerstone of a sustainable future economic vision.

(Yes, it is time to stop just talking about the Iraqi sovereign fund and do  it.)

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KURDISTAN’S OIL IS ON THE VERGE OF EXPORT. SOMO COMPLETES ITS COMMITMENTS, AND THE FINAL OBSTACLE IS THE COMPANIES’ GUARANTEES.

Oil expert Kovind Sherwani revealed on Wednesday (September 17, 2025) that the National Oil Marketing Company (SOMO) has concluded its contracts and obligations with companies purchasing oil from the Kurdistan Region, in preparation for resuming exports in the coming days.

In an interview with Baghdad Today, Sherwani said, “Completing these contracts means that SOMO has concluded deals with some buyers to market quantities of the region’s oil,” indicating that “the only remaining obstacle is the guarantees demanded by the oil-producing companies regarding how they will receive their dues.”

He pointed out that “the companies stipulated written guarantees in a tripartite agreement between the federal Ministry of Oil, the region’s Ministry of Natural Resources, and the foreign companies,” explaining that “the issue relates to organizing the payment mechanism and receiving the funds, which is the last obstacle to resuming exports.”

Kurdistan Region oil exports have been halted since March 2023 following an international arbitration ruling issued by the International Chamber of Commerce in Paris, which obliged Türkiye to halt the pumping of Kurdish oil through the Ceyhan pipeline without the approval of the federal government in Baghdad.

Since then, the issue has been embroiled in arduous negotiations between Baghdad, Erbil, and Ankara, with repeated attempts to find a formula to restore the flow of oil to global markets.

The federal government has repeatedly emphasized that the marketing of the region’s oil must be conducted exclusively through SOMO, to ensure the unity of Iraq’s oil policy. Meanwhile, foreign companies operating in the region fear losing their dues, prompting them to demand formal written guarantees.

This shutdown has inflicted significant financial losses on Iraq and directly impacted the Kurdistan Region’s economy due to the suspension of oil revenues, the primary source of funding for its employees’ salaries and service projects.

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IRAQ AND THE KURDISTAN REGION REACHED AN OIL AGREEMENT

The Iraqi Council of Ministers voted on two decisions on the mechanism of dealing with foreign oil companies and the issue of oil in the Kurdistan Region.

The Kurdistan Regional Government (KRG) and the Iraqi Federal Government have reached an agreement on the handover of Kurdistan Regional Government (KRG) oil to Baghdad. According to the new agreement, only 50,000 barrels of oil produced in the Kurdistan Region will be recycled for domestic consumption, while the rest will be handed over directly to SOMO.

The Iraqi Council of Ministers has welcomed the latest steps taken by the Oil Ministry and the Ministry of Natural Resources to resume oil exports.

First: The Council of Ministers decided that the oil extraction fee for foreign companies, which is set at $ 16 per barrel, will no longer be paid in cash and instead, the amount of oil equivalent to their financial entitlements and companies themselves will be responsible for selling it. It is oil in the markets.

Second: Approval of a tripartite agreement between the Kurdistan Region, Baghdad and companies:

The Iraqi Council of Ministers gave initial approval to conclude a tripartite agreement between the Kurdistan Regional Government, the Iraqi Federal Government and foreign oil companies.

The condition for implementing this decision is that the Iraqi government submits the contract to the advisory committee of the Iraqi Oil Ministry. The committee is expected to give its final answer within the next 48 hours, so that the tripartite deal can be formalized and go into effect.

(This could lead Iraq to finally getting an Oil and Gas Law (referendum) in place as the constitution call for and the US and IMF are mandating and put in place.)

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WASHINGTON OFFICIALLY DESIGNATES FOUR IRAQI ARMED FACTIONS AS “TERRORIST” ORGANIZATIONS.

The US State Department announced on Wednesday that it had designated four Iraqi factions it described as “allied with Iran” as foreign terrorist organizations.

The ministry said in a statement published on its official website, and seen by Shafaq News Agency, that:

• the al-Nujaba Movement,
• the Sayyid al-Shuhada Brigades,
• the Ansar Allah al-Awfiya Movement, and
• the Imam Ali Brigades

were designated as “specially designated global terrorists,” noting that Iran, as “the world’s largest state sponsor of terrorism,” continues to provide support to these “militias,” enabling them to plan, facilitate, or carry out attacks across Iraq.

The statement added that these groups carried out attacks on the US embassy in Baghdad and bases hosting US and coalition forces, often resorting to using fake names or proxy groups to conceal their involvement.

The US State Department confirmed that this measure falls within the framework of Presidential National Security Memorandum No. (2) issued by President Donald Trump, which stipulates the application of maximum pressure on Iran to cut off sources of funding for the regime, its agents, and its terrorist partners.

The ministry stressed that the United States will continue to use all available tools to protect its national security interests and prevent terrorist groups from accessing funding and resources.

Earlier today, Republican Congressman Joe Wilson announced the US administration’s intention to designate four Iraqi factions as terrorist organizations, while urging the inclusion of Hadi al-Ameri’s Badr Organization on the list.

In a post on X (formerly Twitter), Wilson expressed his gratitude to President Donald Trump, US Secretary of State Marco Rubio, and White House Counterterrorism Director Sebastian Gorka.

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IRAQI AUTHORITIES MUST ‘DIVORCE THEMSELVES’ FROM IRANIAN INFLUENCE: US CONGRESSMAN

WASHINGTON, DC – The Iraqi government must take steps to disassociate itself from the “evil” Iranian regime, Congressman Joe Wilson told Rudaw on Wednesday, calling on Baghdad to cooperate closely with Washington and steer clear of Tehran. 

“It’s particularly sad to me that terrorist organizations have been allowed to exist,” Wilson, a staunch Iran critic, said, reacting to the US State Department’s designation of four Iran-backed Iraqi militia groups as Foreign Terrorist Organizations (FTOs). “The Iraqi government needs to take steps. They need to divorce themselves from the influence of Iran.”

“The regime in Tehran is evil,” he stressed. 

Washington on Wednesday designated Harakat Hezbollah al-Nujaba, Kataib Sayyid al-Shuhada, Harakat Ansar Allah al-Awfiya, and Kataib al-Imam Ali as FTOs, saying the decision came as part of President Donald Trump’s order to impose “maximum pressure” on Iran.

The designations came three weeks after the Iraqi government – with intense pressure from Washington – revoked a controversial bill to restructure the PMF. Although the PMF is part of Iraq’s security apparatus, many of its factions still operate independently, with impunity, and reportedly maintain strong ties to Iran.

“Iraq should be working as closely as they can with the United States,” Wilson stressed, adding that Baghdad’s neighbors “are doing so much better,” referring to Lebanon’s ongoing move to disarm Hezbollah. 

“We want the best for the people of Iraq, but [that] has to be done by the people of Iraq, not outside forces,” he asserted. 

Earlier on Wednesday, Wilson thanked Trump and Secretary of State Marco Rubio for the designations, saying the move “will empower our prosecutors to dry up funds for these terrorist groups.” 

Iran is believed to have many proxy groups in Iraq, which it has used in the past to target US interests in the region. Washington has taken several measures to ensure that Baghdad is free of Tehran’s influence, including the termination of a waiver which had allowed Iraq to buy Iranian electricity for years.

Congressman Michael T. McCaul, a Republican from Texas, also expressed concern about Tehran’s influence in Baghdad. 

“I am concerned about the growing presence of Shiite militias in Iraq, and the fact that everything our soldiers fought for could be infiltrated by Iran,” McCaul told Rudaw.

Syria

McCaul stressed the necessity for the US to continue cooperating with Kurdish-led forces in Syria, calling the Syrian Democratic Forces (SDF) and its backbone, the People’s Protection Units (YPG), Washington’s “allies” in the fight against the Islamic State (ISIS).

“We have to continue to work with them to ensure ISIS doesn’t rear its head again,” he said. “I do think we should keep our 800 troops there, if anything, to maintain security at the prisons, where there is thousands of ISIS people.” 

Backed by the United States, the SDF functions as the de facto military force in the Kurdish-majority northeast Syria (Rojava). It remains a key partner of the US-led global coalition against ISIS and fought the lion’s share of the battle that ended with the territorial defeat of ISIS in Syria in 2019.

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IRAQ REMAINS AMERICA’S DARLING…THE SUPREME COURT DISMISSES A LAWSUIT AGAINST BAGHDAD FOR HUNDREDS OF MILLIONS.

The Supreme Court in Washington ruled on Wednesday (September 17, 2025) to prevent an American military affairs company from fining the Iraqi government $121 million in a lawsuit related to breach of contract to rehabilitate Iraqi army weapons.

According to a Bloomberg report translated by Baghdad Today, Wy Oak Technology, a military-related company, filed a lawsuit against the Iraqi government, seeking $121 million in damages for the contract’s suspension.

The Supreme Court affirmed that “Iraq is protected under the U.S. Foreign Immunity Act,” noting that this law protects foreign governments from prosecution in such cases, even in the presence of formally signed contracts.

The report added that the court’s decision means Iraq retains “immunity,” which prevents companies and commercial entities from being sued within the United States, whether for breaches of contract or damages resulting from operating in Iraq.

The roots of this immunity date back to the aftermath of the 2003 invasion of Iraq, when the US Congress passed a special law signed by former President George W. Bush, known as the “Iraq Freedom from Judicial Attachment Act,” which granted Iraq exceptional protection from lawsuits and seizures. Experts interpreted this move as maintaining Iraq’s status as a “spoiled child” in US politics, amid subsequent presidential successions that ensured this privilege would continue for two full decades.

(I don’t think the law is going to be looked upon a favorable for American companies wanting to do business in Iraq Just another obstacle put in the way. It is time to repeal the act.)

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KURDISTAN HANDS OVER ALL ITS CARDS TO BAGHDAD: NO MORE JUSTIFICATION FOR CUTTING SALARIES

Kurdistan Regional Government spokesman, Peshwa Hawrami, announced today, Wednesday (September 17, 2025), that the region has met all the federal government’s demands regarding the oil file, stressing that there is no longer any justification for not sending the salaries of Kurdistan employees.

In a statement received by Baghdad Today, Hawrami said, “The regional government has officially announced its readiness to hand over the entire oil production to Baghdad, amounting to 233,000 barrels per day, of which approximately 50,000 barrels will be consumed locally, while the remaining quantities will go to companies and the federal government.” He added, “We have sent an official letter in this regard and are awaiting a response from Baghdad.”

He explained that “the previous obstacles related to the demands of oil companies have been resolved, as companies now accept to deal in accordance with Iraqi laws,” stressing that “the region has completed all the required procedures, and all that remains is Baghdad’s commitment to disburse salaries starting in July.”

Hawramani continued, “Talk about the existence of legal obstacles is no longer valid,” noting that “the issue is being resolved based on the Financial Management and Budget Law, and what is currently being raised is merely political interpretations and unjustified procrastination.”

He added, “It’s strange that the Federal Court is demanding the payment of salaries while some parties in Baghdad are still searching for new pretexts. We have opened the door to dialogue at every stage, and our sole goal is to ensure that Kurdistan employees are not deprived of their rights.”

The regional government spokesman noted that “the Iraqi Council of Ministers has given the Oil Minister a 48-hour deadline to reach an agreement with the companies operating in Kurdistan,” stressing that “the argument that the file is incomplete no longer stands,” expressing hope that no new excuses will be invented to delay the disbursement of salaries.

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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