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:
October 14, 2025 Mnt Goat News Brief
Guten Tag everyone:
Sooo much oil !… lol…. lol…. Sooo much news! Will it all come together in time…..tick tock,,,, tick tock… Yes, it looks like it’s going to be an “October to Remember” too ……. Now let’s see what the rest brings.
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 evidence is showing us the end is very near. I feel this would be a lousy time to end the Newsletter, but that is all up to you.
So, if you haven’t already shown your appreciation for October please reconsider.
Let’s all try to chip in!
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Matthew 7:7
“Ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you.”
In today’s news I will tell you why these two articles are so important to us and our investment in the Iraqi dinar. It goes much deeper than just raising the rate of the dinar. There is enormous wealth coming to Iraq.
More news….
IRAQ PLANS TO DOUBLE OIL EXPORTS THROUGH REOPENED KIRKUK-CEYHAN PIPELINE
(Mnt Goat: Yes, you read it right! But what impact does this have on us getting the RV sooner than later? Oh…did they say by 2026?)
Iraq aims to more than double crude oil exports through the reopened Kirkuk-Ceyhan pipeline by next year, according to state oil marketer SOMO. The increase follows the resumption of Kurdish oil flows to Turkey and growing OPEC+ output competition.
(Reuters) — Iraq aims to more than double crude oil flows through the newly reopened Kirkuk-Ceyhan pipeline by next year, said an official at Iraqi state oil marketer SOMO.
The reopening of the pipeline comes against a backdrop of rising global supplies as OPEC+ producers boost output to gain market share. Iraq, meanwhile, has come under U.S. pressure to resume the Kurdish oil flows as U.S. President Donald Trump seeks to cut Iranian oil exports to zero under a maximum pressure campaign against Tehran.
SOMO is aiming for 400,000 to 500,000 barrels per day (bpd) by 2026, Rikan Kareem said on Tuesday at a conference in London. Pipeline flows were running at 150,000-160,000 bpd on Sept. 29 after reopening on Sept. 27.
More news….
SUMO: IRAQ NEEDS INTEGRATED PARTNERSHIPS TO IMPROVE OIL PRODUCTION
Sumo Oil Marketing Company (SUMO) today announced that the latest agreement with Exxon Mobil will improve its export capabilities and enhance the Iraqi marketplace in the oil field.
“The local agreement with Exxon Mobil represents an important strategic direction for the industry,” CEO Ali Nizar al-Shatri said in a press release Iraqi oil prices and marketing cut to the worst level”. In addition, Exxon Mobil is a world leader in oil, gas and refining, and is a integrated company that possesses the latest technology and offers prices “It is competitive, which makes it capable of playing a role in marketing Iraqi crude oil in different markets.
(Mnt Goat: Drill baby, drill!)
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.
We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.
There is so much news this period of reporting I don’t know where to begin…..
I will let everyone know that I have never been so undecide on what topic to cover in the heading of my Newsletter today. So, I decide to do both as both are interconnected. I need everyone to realize just what is about to happen. My CBI contact told me what they are planning and so is it now time?
😊 😊 I first want to bring to your attention the article titled “CENTRAL BANK: GOLD RESERVES REACH 170 TONS, WITH INTENTION TO REMOVE ZEROS FROM DINAR”. The Central Bank of Iraq announced, on Tuesday, October 14, 2025, its gold reserves and its intention to remove zeros from the Iraqi currency. Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by Baghdad Today, that: “The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time.”
Let’s go deeper in this article. I have been bringing you the news of these additional gold holdings for a reason. Now finally you can see why. Iraq is going to partially back the dinar with GOLD. Did I also not tell you this years ago? Some will ask is this just another informative article in their intent in the future to do the Project to Delete the Zeros, or are they serious about it now?
Let me Explain. I will tell you that from everything I know, they are serious now, not next year or years away. What did my CBI contact tell us? Did I waste my money on my calls to Iraq? So, what gave away their secret?
In the first place it’s the article of today. Secondly, its all in about their GOLD reserves. Have I not been talking so much about GOLD lately. Why in hell would they combine news about the expanded gold reserves with the Project to Delete the Zeros if they were not somehow connected? Are they using the GOLD as a safeguard to get through any “hiccups” that might arise from this project? Is mid October, and I was getting a bit worried that they might not do the reinstatement next January 2026. This article calmed my worries. It confirms that I was wrong. Let’s all just sit back and let it play out. We should see some very interesting news ahead….. 😊 Just in case- get that champagne in the frig…😊
Let’s continue with the second part of this Newsletter and connect the two pieces, okay?
😊 Let me present the first article titled “GOVERNMENT ADVISOR: MONETARY POLICY HAS ACHIEVED STABILITY IN THE EXCHANGE RATE AND INFLATION.”
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Fridaythat “Iraq has achieved unprecedented stability in inflation and prices, noting that inflation in the country is under control and unemployment is declining.”
Saleh told the Iraqi News Agency (INA): “For the first time in Iraq’s modern economic era, high growth is being achieved, characterized by stability in the general price level, as the annual inflation rate is stable within what is known as the natural price range or the natural fraction of inflation in the country.” He added, “Iraq has entered its third year with low growth rates in annual inflation indicators, measured monthly over a 12-month period. These rates fluctuate below 3%, reflecting the success of economic policies, particularly monetary policy, in achieving.
I just wanted to remind everyone that the IMF told Iraq through their consultation sessions that they needed low inflation and a steady exchange rate. The news just told us that inflation is at a record low for Iraq, EVER. In fact they called it “unprecedented stability in inflation and prices”. The CBI is also able to steady the official rate of the dinar at 1320 for almost three years now. So where is the RV then?
Next, I want to move on to the topic of the US requirement for the Oil and Gas Law (implementing the Iraqi Constitution in full). Are you sick and tired of hearing about this again and again… Oh…maybe it’s VERY, VERY important to our investment? Remember that this is an item on the list of the five main issues mandated by the US of Iraq prior to any reinstatement. Yes, it is extremely important to the U.S. that the oil be managed and the revenues from it go towards the Iraqi people and not Iran. So, let’s dive deeper into this issue once again since it is HOT in the news again.
😊 Please take the time to read at least the first half of a very long article on this subject titled “A BOOBY-TRAPPED MESSAGE OR A PASSING PIECE OF ADVICE? TRUMP THREATENS IRAQ’S OIL… AND WHAT’S BETWEEN THE LINES SPEAKS LOUDER THAN THE SENTENCE.” This article could not be any more of a WOW! article for us investors.
Looking back at Trump’s first record of Iraq in his first term as president, his most striking statement stands out: “We want to control Iraq’s oil” as compensation for the cost of liberation.” This argument reduces oil to an equation of spoils and power.
This week, at the Sharm el-Sheikh summit, Trump returned to the issue, but with a different tool, a different message, a more strict message and a warning: a public warning that Iraq “may have a problem” if it does not manage its oil well, describing Iraq as “a country full of oil” with “vast quantities.” With this shift from a discourse of direct control to conditions of management and “testing governance,” the form of influence, not its purpose, is changing. So, is this not everything I have been telling everyone about the Oil and Gas Law? First it should be more than obvious to everyone that law is NOT yet passed and a law as required by the new Iraqi constitution. So why are all these intel gurus out there still telling their listeners it’s “all done”. I don’t get it.
Remember how I told you the plan is to have the oil revenue pay for the war through the oil credits from our dinar exchanges. In my past Newsletter dated 09/30, I clearly laid out the concept of the plan for you. The best part is that Pres. Trump just verified this week what I told you. The “compensation for the cost of the war” is NOT from the US Treasury exchanging trillions of dinar currency reserves to pay off the national debt. Again, how stupid and how silly of a notion to think this could even work. Where in hell would Iraq get all this money? Simply put, it would crash the dinar once on FOREX. Get it? But there is an alternative plan. Yes, stop this nonsense intel guru idiot talk.
So, I detailed to you a plan that would work and that I can confirm is in motion. This revenue stream of the US brokering the oil would go towards paying off the US national debt. But this alone would not do it. There are other plans too such as with the US GOLD reserves, getting back on the GOLD standard and other matters that would also reduce the debt. But first the US must stop the drunken-sailor attitude of spending. They must stop spending trillions like it was billions. This is NOT sustainable. The US must go back to an annual budget and stop these stop-gap measures where pork-belly spending is so wasteful. We see this most apparent in the recent democrat shut down of the govt over the republican simple stop gap measure to fund just months of the government to allow time to complete the preparation of a normal annual budget. The congress is going back to a normal annual budgeting process and trying to end all this waste.
😊So, after Pres.Trump makes this statement about Iraqi oil in his speech on Monday, as I showed you above, then out pops a statement from Masoud Barzani of Kurdistan on Monday.
The article is titled “BARZANI RECALLS THE 2007 OIL AND GAS LAW: IT WOULD HAVE SPARED US LEGAL TROUBLES.” Kurdistan Democratic Party (KDP) leader Masoud Barzani called on Monday for the activation of oil and gas agreements between Baghdad and Erbil, stressing that the 2007 law for investing in this resource would have been a “successful model” had it been implemented on time. All I can say is “I told you so”.
So, folks let’s connect the dots. Have you done this already? Let me explain it in simple terms to you.
First, Iraq must their CONTROL OIL REVENUES. The US needs Iraq to control its oil revenues. This is why they won’t turnover the DFI funds to Iraq since they don’t trust that they will manage them correctly. Remember Iraq said they wanted to invest these funds in a “sovereign fund” and reap the benefits of investment income from them. The US does not want Iran or China to be controlling the oil or its revenues. Read on and you will learn why. Check out the article titled “REPRESENTATIVE: WASHINGTON CONTROLS IRAQI FINANCIAL TRANSFERS AND HINDERS ECONOMIC INDEPENDENCE”. At this point in time this may actually be good for Iraq.
Second, PRES, TRUMP’S WARNING. He warned Iraq about the oil in his first term as US president and then another four years passed. That was eight years ago and so what has changed in Iraq to manage their oil revenues? Actually, almost nothing until this year when stark warnings over the PMF and the oil were given to Iraq by the Trump administration. I guess they didn’t believe Trump would have a second term? With the tripartite agreement between Baghdad, Kurdistan and the Oil companies, we are now beginning to see the ripples of change. The revenues for Iraq are about to sore, but these projects must be implemented not just put on paper.
Third, the STABILITY OF THE DINAR. Now that we all know about the plan to compensate the US for the war through oil credits, can you see why it is important for the US to be so concerned about stabilizing the dinar and how Iraq controls and spends it oil revenues? The US will need this so we can exchange our dinar. Get it? But of course, it’s not just all about us investors and paying off the debt. The US also wants to diversify the Iraqi economy and take advantage of it with US business investments in Iraq. The US also needs the oil. Oil is a strategic resource. Trump recently told us that in the near future gasolene at the pump may be a $2 a gallon. This comes from the Pres. Trump’s mind who knows how to make money. Have we seen this effort by any other president since 2003? Did other really even care about the citizens or just wanted the power?
Fourth, is DIVERSIFICATION. Can you also see why the US is demanding diversified revenues, besides the oil revenues? It needs the free-market economy of Iraq so Iraq too can eventually move the all these government salaries each month and move them over to the private industry. This will save the government billions each month. This is the purpose of the port of Faw and the Development Road projects. The addition of mom and pop shops is not going to raise the additional revenues needed. Iraq needs big and bold moves. It was al-Sudani who was able to “think big” and bring Iraq’s huge potential of these other revenues. Remember this article titled “AN ECONOMIC EXPERT PROPOSES A MECHANISM TO BOOST NON-OIL REVENUES BY MORE THAN 8 TRILLION DINARS IN IRAQ.” from my 10/07 Newsletter? Regulating religious tourism in Iraq, including imposing entry fees (visas) on all Arab and foreign visitors, will boost non-oil revenues by more than 8 trillion dinars, which is almost double the direct financial revenues from the development path!!” So it’s just not the Development Project but other sources too they are working on. Oh..did I mention the articles on the underused capacity of the two major airports in Iraq? Baghdad and Basra International Airports. These two airports are among the largest in the region in terms of the area allocated for air cargo, as they were originally designed to be platforms for re-export and transit operations.
Fifth, INCREASE CURRENT OIL REVENUES. If the US is going to begin spending these oil credits, this will take a great deal of the current oil revenues away from Iraq to pay for it…right? Where are these revenues going to come from? There are still salaries to pay and project to budget. There must be additional oil revenue income too then to pay for these oil credits. Get it? They must therefore increase the capacity of oil and drill baby drill! Also in todays, news we learn that Sumo Oil Marketing Company (SUMO) today announced that the latest agreement with Exxon Mobil will improve its export capabilities and enhance the Iraqi marketplace in the oil field. Also we learned as part of the Tripartite agreement oil will once again begin flowing oil through the Ceyhan pipeline. Take a look at the article titled “IRAQ PLANS TO DOUBLE OIL EXPORTS THROUGH REOPENED KIRKUK-CEYHAN PIPELINE”. Iraq aims to more than double crude oil exports through the reopened Kirkuk-Ceyhan pipeline by next year, according to state oil marketer SOMO. Next year? Did they say next year? All I can add is WOW! WOW! WOW!
Sixth, HOW LONG WILL IT TAKE? Why do we wait so long for the reinstatement? By now it must be apparent to everyone that the RV/Reinstatement must be paid for somehow. In today’s Newsletter I addressed this issue. The question is this – Is this why we are still waiting for the RV for so long in order to get these revenues in place first to pay for it? Also the new very high dinar rate must be sustainable and so Iran must be dealt with too.
We must not forget what we learned from the past news from Iraq. Are you paying attention? I am not presenting these articles to you just as nice to read. They are important and each one begins to connect the dots and display they picture of what is really going on with Iraq. We don’t need all these stupid banks stories or stories about NESARA or GESARA. The Iraqi relationship with the US has changed drastically since Pres. Trump. I think they are still in a bit of shock but they are slowing learning he is not playing games and is serious about all five (5) of these key issues.. Yes sore issues that must resolved. No more delay!
Can Iraq solve them in time for a January reinstatement? So, far we see attention to all of these key issues in the news article we have been reading. We only know what they tell us on the progress. But remember the CBI also needs time to conduct the Project to Delete the Zeros and so will they have enough time unless they begin it very soon. We also know that part of the future clout of Iraq will mean full accession to the WTO and the BIS. These both are still pending. Are they waiting for the reinstatement and go ahead by the US to announce them?
One thing that is very clear to me is that all this effort will come to a convergence at some point in time. There will be an explosion of wealth for Iraq. God has told us through His prophets that he will take care of Iran. So, there is hope there too.
Having said all this today, we know that Iraq and the CBI keep moving ahead. Yes, the uphill battle continues. What new news about progress can I share today?
In the today’s news there are numerous articles once again about the US dealing with the PMF. I encourage everyone to go read these articles and get informed of what efforts are now underway to get the PMF out of Iraq. This is a tricky situation for Iraq and also diplomacy for the US:
- “AMERICAN READING: AL-SUDANI IS WASHINGTON’S “HIDDEN” PARTNER IN CURBING THE INFLUENCE OF THE POPULAR MOBILIZATION FORCES.”
- “KHAZAL: THE ENTRY OF A US CONVOY INTO IRAQ IS AN INDICATION OF MILITARY ESCALATION IN THE REGION.”
- “WASHINGTON CRACKS DOWN ON IRAN-LINKED MONEY LAUNDERING AND ARMS SMUGGLING IN IRAQ”
Chug, chug, chug along the tracks as the RV train moves ahead once again. What other stops must it make along the way to the reinstatement and revaluation?
In concluding today’s Newsletter commentary, I want to make a very strong point. The most important takeaway from today’s new is that the US, under the Pres. Trump administration, needs the RV and Reinstatement of the Iraqi dinar as an integral part of the plan in solving the US debt crisis. In other words, the exchange of our dinar has to happen and has to happen VERY SOON, not years away. Maybe it may not happen on time in January, but if they miss this date, I assure you it is not that far behind. Managing the US debt is at about 1 trillion dollars annually just to pay the interest on the debt. What a waste of money, yet veterans are hungry living on the streets, social security payments are inadequate to live on, postal rates are going crazy and our monthly bills have soared. Yet, the democrats are worried about healthcare for non-citizens and immigrants? What?
This debt issue must be solved. So, when I say this RV has to happen for Iraq’s sake there is much more at stake for Iraq but it must also happen to help repair the damage of the national debt in the US. I firmly believe this will force the US to finally sign off on the restatement and do it soon. If we have been reading the news articles, it is not so hard to see that I am right. We don’t even have to read between the lines either as the CBI just told us they plan to delete the zeros from the currency. It is now right in our face!
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.
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
“MY UNITED STATES, BRACE FOR IMPACT, YOUR ENEIMES WILL TRY AND STRIKE YOUR LAND”
You can start watching the video at the 17:30 mark. From Oct 5th.
“YOU NO LONGER HAVE TO SUFFER“
This is a very, very powerful prophetic word and applies to our investment and the wealth transfer that is about to come our way. Be patient!
You can start watching the video at the 15:02 mark. From Oct 2nd.
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15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN
15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER
HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS
SUPREME COURT DROPS NIGHTMARE NEWS FOR DEMOCRATS
JUST BECAUSE THE SYMBOL OF YOUR POLITICAL PARTY IS A “jackass” DOES NOT MEAN YOU HAVE TO BE ONE.
Hee-Haw!
LETITA JAMES: Yes, “NO ONE IS ABOVE THE LAW”.
Now its time to live up to her own convictions. Yes, this time she is the hunted as “no one is above the law”, right? Only this time it’s not “fake charges”.
Why is Tish being indicted for her property on Peroni Ave, Virginia? Is there more to come? There are two other properties. All three of Tish’s properties have mortgage fraud over the last 42 years. It’s time to look closely at the other two properties. There will more than likely be more indictments coming for her. This is not a one time “mistake” or “oops” but a pattern over many years of intentional defrauding the mortgage companies and the banks.
We must keep in mind that this situation of Letita James is not about vengeance as it is more about justice. Just because it may appear that it is vengeance and in a way it is rightful vengeance, it does not mean we dismiss it. In her own words “no one is above the law”. Now the shoe is on the other foot.
If we have been following the biblical and prophetic side in the book of Samuel of what is happening to clean up our government, we can clearly see that Donald Trump had been picked by God to be his King David. Letita James is just one of many who were bent on stopping God’s work in the United States through Donald Trump. Whether you are a democrat or a republican the corruption is still very real and destroying our nation. I have to ask why the democrat party refuses to come onboard and help the republicans clean it up. Do they have something to hide?
God said through His prophets, that He hears our cries and He will bring justice to those that practice deceiving us.
LETITA JAMES: SHE’LL LOOK GOOD IN ORANGE.
This is necessary or the corruption will continue and even get worst.
LESSONS LEARNED? No, I guess not for democrats. This episode with Letitia James should be a reminder to all of us just how corrupt and dirty these people really are who get into govt offices and elected positions. But more importantly my question is this – How did Letitia James get away with this for so long? Why has no one researched her background before?
Is anyone vetting these candidates before they even run for office?
I know I have said this before but is this part of the problem too. Are we too relaxed in even choosing who will run and concentrate too much on the voting process when we have the opportunity to kick them out even before they get into office.
But there is more. And so who shares the same values? The corrupt seem to hang together. They support each other instead of learning from the mistakes of others. To tell you the truth I can’t figure out how people can be so dumb when it comes to politics. Do you really think sticking with losers is going to help your career?
COULD MEAN ‘DECADES IN PRISON’ – LETITIA JAMES PLEADS AFTER DOJ DISCOVERY
You made your bed, Letitia and now you have to lay in it! No you are not the victim, no this is not a racist thing. Good try… Can you believe people can actually be so stupid and conned into this? So, so sorry the election did not turn out like all you liberals wanted it to. Remember she ran on a platform to get Donald Trump and now she claims its “selective prosecution” that didn’t work and now it’s racism. Really?
Can I say “what goes around comes around” is the law of Karma?
ZOHRAN MAMDANI: WHAT’S HIS END GAME FOR NYC?
PAM BONDI STUNS DEMOCRATS
Pam Bondi STUNS Democrats with an unexpected move on Capitol Hill, turning their own arguments against them in a fiery hearing. Meanwhile, Stephen Miller dismantles CNN’s narrative in a viral interview that leaves the network scrambling.
HILLARY CLINTON’S BENGHAZI COVER-UP COMING TO FORFRONT AGAIN
Yes, Connecticut Senator Richard Blumenthal and Barrack Obama are also part of this cover-up. Blumenthal, the same guy who was governor of Connecticut for a short time and used the position to get his senate seat. Nearly a third of all emails on Hillary’s private server came from Blumenthal not about “family matters” as she claimed. He was also on the Clinton Foundation payroll for nearly $10,000 per month while pursuing his own interest in the middle east. Is this even legal? The French president too is implicated here in a shady arms deal with Libya and dark money that went to influence the French politics in president Nicolas Sarkoz’s presidential campaign. Blumenthal and Clinton were right in the middle of it. Of Course they had to use a private server. This was all illegal and corrupt.
Of course, Sarkoz was convicted and sat in jail already for years because of it. But two of the other perpetrators still walk the streets. Talk about Russian collusion? We have French collusion right under our noses. For a change, let’s talk real collusion not made-up stuff.
Can you also see now how the Clintons used their foundation money outside of the real “legal” intend of the foundation and that also is a crime.
Can you see now why they wanted the Comey FBI coverup of the laptop? They all protect each other.
Senator Blumenthal also lied about his military service. This guy is bad and I mean really bad! Please listen to the video and you will find out why the Clinton scandals will implicate many others along with her along the way. This is why they tried to wash the “lap top” scandal under the rug. But they are not going to succeed.
Anyhow, let’s concentrate too on what happened in Benghazi that day and why the lies had to be told about it to cover it up. But who will pay the price for this corruption? Will anyone actually be indicted for these crimes?
LETITIA JAMES PATH TO PRISON
Federal defense attorney Ronald Chapman unpacks the explosive grand jury investigation into James, including mortgage fraud allegations, civil rights violations, and DOJ subpoenas that could carry decades in prison time.
FORMER FBI DIRECTOR JAMES COMEY’S PATH TO PRISON
Who will he take along with him? Who’s next?
Attorney Ron Chapman. I like this guy. His news is nonbiased and nonpolitical. He tells it like it is. If a crime has been committed someone or some folks must pay the price for it. Folks this is not just Congressional hearings anymore. That is mostly all done already. Comey has been charged, or indicted, for crimes and more are coming. The investigation is not yet over.
A million-dollar dossier, a Phoenix tarmac meeting, and a former FBI Director now under federal indictment. What was once billed as “Russian interference” has exploded into a far-reaching scandal involving leaks, cover-ups, and political favoritism at the highest levels of government. From Hillary Clinton’s deleted emails and the Clinton Foundation probe to James Comey’s sworn denials before Congress, the case now charging him under 18 U.S.C. §§ 1001 and 1505 is only the beginning.
TIME IS UP FOR HILLARY CLINTON
Most true Americans just want justice and its way overdue. Who will the fall of Hillary take down with her? What is the Epstein connection in all this? Can it eventually lead to the take down Barrack Obama too?
Attorney Ron Chapman. I like this guy. His news is nonbiased and nonpolitical. He tells it like it is. If a crime has been committed someone or some folks must pay the price for it. Folks this is not just Congressional hearings anymore. This is the real thing. Comey will inevitably testify against Hillary to save his own ass. Besides there is more than enough evidence to put her in prison without it anyway.
TRUMP AGAIN ANNOUNCES POSSIBLE $1,000-$2,000 TARIFF DIVIDEND FOR TAX PAYING AMERICANS! TRUE OR FALSE?
WASHINGTON — President Trump has once again mentioned his idea of sending out stimulus checks to Americans. In an interview with One America News Thursday, he was asked what he would do with the revenues from higher tariffs on imported goods.
Trump first said they’re looking at “paying down debt.” He then added they also may issue a stimulus as a result. You can hear it from his own mouth. This is his words not mine. No rumors or opinions here.
In this interview he does not say this dividend is approved as it will have to come through congress and the senate first for appropriations. Let’s see what happens. If it does, it will probably not come until tariffs are working for a bit of time. So don’t expect it this year.
CENTRAL BANK: GOLD RESERVES REACH 170 TONS, WITH INTENTION TO REMOVE ZEROS FROM DINAR
October 14, 2025
The Central Bank of Iraq announced, on Tuesday, October 14, 2025, its gold reserves and its intention to remove zeros from the Iraqi currency.
Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by Baghdad Today, that: “The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time.”
Khalaf added, “This amount of gold now constitutes 20% of the Central Bank’s total assets, and Iraq currently ranks fourth in the Arab world in gold holdings and 29th globally.”
The Deputy Governor of the Central Bank confirmed that “there is no intention to float the Iraqi dinar exchange rate, so as not to affect the stability of the economy at the present time.”
Khalaf revealed that “there is an intention to remove zeros from the Iraqi dinar to ease the burden of banknote hoarding on the financial sector.”
(Mnt Goat: Oh…banknote hoarding? Have we heard this before? Looks like this is the last CBI alternative to try to retrieve this cash into the banks. What’s nice about this article is that it is the CBI saying this and not some economists.)
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AMERICAN READING: AL-SUDANI IS WASHINGTON’S “HIDDEN” PARTNER IN CURBING THE INFLUENCE OF THE POPULAR MOBILIZATION FORCES.
(Mnt Goat: To me this article says that Al-Sudani is NOT going to help much in ridding Iraq of the PMF. So, will Washington go at it alone? What will be the ramifications to Iraq’s sovereignty?)
The Arab Center in Washington asserted that Iraqi Prime Minister Mohammed Shia al-Sudani has emerged as an unlikely partner for Washington in his efforts to weaken the influence of the Popular Mobilization Forces (PMF).
The Iraqi Prime Minister is described as “walking a tightrope” between asserting Iraq’s sovereignty and maintaining essential relations with Iran and its allied powers. This places the country at a crossroads: whether to remain an arena for proxy competition or enjoy full sovereignty.
The institute explained, in a report it published and translated by Shafaq News Agency, that despite the enormous pressure, Al-Sudani succeeded in maintaining Iraq’s neutrality in the June 2025 war between Iran and Israel, preventing pro-Tehran factions operating within the Popular Mobilization Forces from joining the battle .
According to the report, this balance represents the beginning of a slow reassessment of Iraqi foreign policy, as Baghdad seeks to reduce its dependence on Tehran, consolidate its authority over state institutions, and curb the political and financial influence of the Popular Mobilization Forces.
He added, “The challenge facing Baghdad lies in seeing the Popular Mobilization Forces (PMF) recede into the background without having to confront them, which could destabilize Iraq’s internal peace and stability.”
(It just doesn’t work that way. There will NEVER be peace and a full sense of security as long as the PMF is still in Iraq. Who are they kidding? We know it and they too know it. They are pacifying Iran and that is all they are doing.)
He considered that these cautious steps by Al-Sudani, although firm, point to a potential opportunity for Iraq to regain its sovereignty and pursue a more independent path. Therefore, in light of the upcoming elections, they will either lead to the consolidation of the current regime dominated by armed factions, or open the way to nationalist and reformist forces. They will also limit Al-Sudani’s success in whether Iraq finally transcends being an arena for regional conflict and transforms into a state capable of determining its own future.
The report notes that “one of the factors likely to expand Iraq’s room for maneuver is the internal tensions Iran is experiencing following the Israeli attacks. Despite Iran’s resilience, its strong security apparatus, and its ability to absorb economic pressures, it is constrained by structural weaknesses due to escalating sanctions, economic stagnation, recurring social unrest, and uncertainty regarding the succession to Supreme Leader Ali Khamenei.”
For these reasons, the report concluded, “these pressures have made Iran more dependent on extending its influence abroad, particularly in Iraq, which provides Tehran with an economic lifeline and a strategic lever of influence.”
The report noted that “regional actors are recalibrating their policies,” explaining that “the détente brokered by China in March 2023 eased the hostility between Saudi Arabia and Iran, but did not eliminate their competition for influence.”
He also noted that “Riyadh has coupled its cautious rapprochement with Tehran with a renewed push for direct engagement with Baghdad, through numerous investments in Iraq and its connection to the Gulf electricity grid, while the UAE has moved in Basra to pave the way for Emirati companies to benefit from Iraq’s oil and gas production and consumption.”
In addition, the report pointed to Turkey, which is expanding its presence, particularly in northern Iraq, where it dominates reconstruction contracts in Mosul, and continues to cooperate with Baghdad regarding the fate of the Kurdistan Workers’ Party (PKK) and the development road project.
The report continued, “Although Iran still exerts tremendous influence in Baghdad through its militias and political allies, these moves demonstrate that Iraq is no longer an uncontested arena.”
He added, “Gulf capitals and Ankara are investing in ways to connect Iraq to regional economic networks, skillfully balancing Tehran’s hegemony.” The report addressed Iran’s influence in Iraq, explaining that while Tehran has developed a military, political, and economic entrenchment over the past two decades, the Popular Mobilization Forces (PMF) remain the cornerstone of Tehran’s influence.
TURNING POINT
The report stated that the upcoming parliamentary elections on November 11 could represent a significant turning point in curbing the influence of armed factions, although the likelihood of achieving real change remains uncertain. The report stated that the Sadrist movement, for its part, maintains a strong social base despite its sudden withdrawal from Parliament in 2022, and may re-emerge as a formidable electoral force.
The movements that emerged from the October 2019 protests also retain moral legitimacy, despite their organizational weakness and continued targeting.
These movements could serve as a catalyst for broader reform, according to the report.
The report argues that while Iran-backed factions are unlikely to stand idly by, it says these elections represent an opportunity for nationalist and reformist forces, such as the Sadrists and the October protesters, to challenge Tehran’s hegemony.
He pointed out that any shift in the parliamentary balance could begin to undermine the political dominance of armed factions and restore a degree of sovereignty to Iraq.
A VIEW OF WASHINGTON
The report stated that two decades of instability since the US-led invasion in 2003 have reduced America’s desire for extensive intervention in Iraq, but it still retains its strategic importance to Washington .
He considered that “Al-Sudani unexpectedly emerged as a partner supporting Washington’s efforts. Despite fears of escalation, he was able to maintain Iraq’s neutrality after the Hamas attack on October 7, 2023, and prevented the factions from supporting the besieged Assad regime in Syria before its fall in December 2024. Moreover, during the confrontation between Israel and Iran in June 2025, Iranian officials closely monitored Al-Sudani as he countered the factions’ attempts to launch rockets at Israel from Iraqi territory.”
Al-Sudani also banned, according to the report, the use of Iraqi territory and airspace for attacks on neighboring countries, following the Israeli and American raids on Iran last June.
The report added that “Al-Sudani also sought to limit the financial networks of armed factions. Baghdad also introduced and then postponed legislation to regulate the status of the Popular Mobilization Forces, slowing the factions’ momentum. Electronic surveillance systems purchased with American and international technical assistance were also introduced at customs centers to limit the embezzlement of these factions .”
According to the report, these steps targeting the economic foundations of the Popular Mobilization Forces may be modest compared to the extent of the factions’ control over the state. However, Al-Sudani’s government appears to realize that sovereignty requires dismantling the financial power that supports the parallel factions’ authority, not just security measures.
The report continued, saying that, for Washington, al-Sudani’s actions indicate his willingness to reduce the Popular Mobilization Forces’ economic empire, but without arousing influence against him within his own ruling political coalition.
The report explained that American diplomats in Baghdad responded positively to Al-Sudani’s efforts, including by accelerating energy deals aimed at reducing Iraq’s dependence on Iran. For example, in August 2025, Washington facilitated an agreement for Iraq to double its electricity imports from Jordan, and discussions with Gulf Cooperation Council countries are moving toward the 2026 goal of full electricity interconnection.
The report states that “the challenge now is how to ensure the sustainability of this cooperation without tipping the scales in favor of al-Sudani, who relies on the Coordination Framework to remain in office,” explaining that the perception of excessive closeness to Washington could provoke adverse reactions.
He continued, explaining that “the United States’ policy of supporting Sudan’s sovereignty strategy has been clearly and quietly demonstrated through technical assistance, security training for units such as the Counter-Terrorism Service, and coordination with Gulf investors, rather than making high-profile statements that might undermine his political standing.”
CROSSROADS
The report concluded by stating that “it is impossible to separate Iraqi politics from regional developments and dynamics,” explaining that while Iran considers Iraq to be of strategic importance, the shifting balance of power in the region has enhanced the possibility of the Iraqi state protecting itself from destabilizing external influences and reasserting its authority.
He added, “Iraq today stands at a turning point where a combination of regional alliances, internal Iranian pressures, and the upcoming elections could open the door to reform or lead to further factional control.” He noted that “while Tehran’s influence is effectively entrenched, it is not invincible, as Iran’s networks could erode if national forces, civil society, and external partners join forces.”
The Arab Center in Washington concluded in its report that Iraq’s trajectory is of great importance to Washington and its Gulf partners, as its stability contributes to shaping global energy markets, regional security, and the balance of power with Iran.
He continued, “No regional power currently views Iraq as a threat, which represents a fundamental break with the past.”
He added, “The next chapter in Iraq’s history will determine whether it will remain an arena for proxy competition or emerge as a sovereign state, and the repercussions of the conflict over Iraq will reverberate throughout the Middle East.”
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KHAZAL: THE ENTRY OF A US CONVOY INTO IRAQ IS AN INDICATION OF MILITARY ESCALATION IN THE REGION.
(Mnt Goat: These military forces underscore the Trump administration’s ongoing commitment to countering Iran’s destabilizing activities while supporting Iraq’s long-term stability and independence. These forces are part of the upcoming military action in Iraq against the PMF. The US is forcefully going to remove them, if the Iraq govt does not do it peacefully. There is going to be a “showdown” coming soon. The US is not going not going to let Iraq be a proxy state of Iran.)
Security and strategic researcher Ali Sheikh Khazal asserted that the entry of a large US military convoy into Iraqi territory represents a clear escalation in the US military presence in the region. He noted that this move carries serious field and political implications in light of current regional tensions.
Sheikh Khazal explained to the “Jarida Platform” that “the convoy, which included more than 150 military trucks coming from the Syrian al-Tanf base, is an unusual step and may indicate signs of an imminent war or preliminary moves to expand US military activity in Iraq and the region.”
The researcher added that “the timing of this entry reflects an American desire to reposition its forces and reaffirm its military presence,” warning that the continuation of this approach could lead to an explosion in the security and political situation in the Middle East and push the region toward an open confrontation between regional and international powers.
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GOVERNMENT ADVISOR: MONETARY POLICY HAS ACHIEVED STABILITY IN THE EXCHANGE RATE AND INFLATION.
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that Iraq has achieved unprecedented stability in inflation and prices, noting that inflation in the country is under control and unemployment is declining.
Saleh told the Iraqi News Agency (INA): “For the first time in Iraq’s modern economic era, high growth is being achieved, characterized by stability in the general price level, as the annual inflation rate is stable within what is known as the natural price range or the natural fraction of inflation in the country.”
He added, “Iraq has entered its third year with low growth rates in annual inflation indicators, measured monthly over a 12-month period. These rates fluctuate below 3%, reflecting the success of economic policies, particularly monetary policy, in achieving their goals toward a stable economy. Controlling inflation is the primary goal for maintaining price stability and the purchasing power of the Iraqi dinar.”
He continued: “This decline in annual inflation was accompanied by a significant decline in annual unemployment rates, which fell from 17% to approximately 14%. Monetary policy also succeeded in maintaining the positive effects of the official exchange rate of 1,320 dinars per dollar and limiting the effects of the parallel exchange market on the stability of the pricing system.”
He pointed out that “the government’s support policy, through supporting the grain-producing agricultural sector, providing food and medicine baskets, fuel and electricity subsidies, in addition to customs and tax exemptions, which represent an estimated 25% of total public spending in the budget, or 13% of the gross domestic product, is one of the fundamental pillars of the fiscal policy that has confronted inflation and contributed to limiting its growth.”
He explained that “trade policy, through price defense, by expanding stores that provide consumer and construction goods at stable cooperative prices, has in turn contributed to supporting price stability and combating inflation, thus enhancing the stability of the Iraqi economy.”
Regarding the downsides of this price stability, he noted that “it has encouraged the export of some food and consumer goods, albeit on a limited scale, across borders, allowing other countries to benefit from the stability of basic prices in Iraq.”
He concluded by saying, “Iraq is witnessing a significant price boom, which is an indicator of the success of economic policy implementation. This is a remarkable development, unprecedented in the past ten years, as this stability is reflected in the country’s cash income.”
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WASHINGTON CRACKS DOWN ON IRAN-LINKED MONEY LAUNDERING AND ARMS SMUGGLING IN IRAQ
The U.S. Department of the Treasury announced on Thursday new sanctions targeting individuals and companies accused of helping the Iranian regime evade sanctions, smuggle weapons, and engage in corruption within Iraq.
According to the statement, the Treasury’s Office of Foreign Assets Control (OFAC) took action against networks that assist Iran’s Islamic Revolutionary Guard Corps (IRGC) and its affiliated “militias,” including Kata’ib Hizballah — a U.S.-designated foreign terrorist organization.
The Department said these Iran-backed groups have been instrumental in undermining Iraq’s security and economy by infiltrating state institutions, monopolizing resources through corruption, and obstructing efforts to build a stable and functional Iraqi government.
“Today’s sanctions target individuals and entities that exploit Iraq’s economy to fund Iran’s destabilizing activities across the region,” the statement read. “These militias are responsible for attacks on U.S. personnel and interests, as well as those of our regional allies.”
The new measures include restrictions on bankers accused of laundering money for Iran and a front company allegedly providing logistical support to armed groups operating in Iraq. The Treasury has also designated IRGC-linked operatives based in Iraq who are involved in intelligence gathering, including U.S. forces stationed in the region.
The U.S. government emphasized that these actions are part of ongoing efforts to disrupt financial and logistical networks that sustain Iran-backed armed groups and to protect Iraq’s sovereignty and economic stability.
The latest round of sanctions follows a series of U.S. measures in recent years aimed at curbing Iran’s influence in Iraq and the broader Middle East. Washington has long accused Tehran of using proxy groups, such as Kata’ib Hizballah, Asa’ib Ahl al-Haq, and other factions within the Popular Mobilization Forces (PMF), to expand its regional reach and challenge U.S. interests.
These groups have been implicated in numerous attacks against U.S. and coalition forces, as well as in corruption schemes that divert public resources away from Iraq’s reconstruction and essential services.
Since 2018, Washington has intensified its efforts to target financial networks that facilitate Tehran’s access to global markets through neighboring countries, particularly Iraq. The latest designations underscore the Trump administration’s ongoing commitment to countering Iran’s destabilizing activities while supporting Iraq’s long-term stability and independence.
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IRAQ PLANS TO DOUBLE OIL EXPORTS THROUGH REOPENED KIRKUK-CEYHAN PIPELINE
(Mnt Goat: All I can add is WOW! WOW! WOW! This means double the revenue flow….😊.)
Iraq aims to more than double crude oil exports through the reopened Kirkuk-Ceyhan pipeline by next year, according to state oil marketer SOMO. The increase follows the resumption of Kurdish oil flows to Turkey and growing OPEC+ output competition.
(Reuters) — Iraq aims to more than double crude oil flows through the newly reopened Kirkuk-Ceyhan pipeline by next year, said an official at Iraqi state oil marketer SOMO.
The reopening of the pipeline comes against a backdrop of rising global supplies as OPEC+ producers boost output to gain market share. Iraq, meanwhile, has come under U.S. pressure to resume the Kurdish oil flows as U.S. President Donald Trump seeks to cut Iranian oil exports to zero under a maximum pressure campaign against Tehran.
SOMO is aiming for 400,000 to 500,000 barrels per day (bpd) by 2026, Rikan Kareem said on Tuesday at a conference in London. Pipeline flows were running at 150,000-160,000 bpd on Sept. 29 after reopening on Sept. 27.
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SUMO: IRAQ NEEDS INTEGRATED PARTNERSHIPS TO IMPROVE OIL PRODUCTION
Sumo Oil Marketing Company (SUMO) today announced that the latest agreement with Exxon Mobil will improve its export capabilities and enhance the Iraqi marketplace in the oil field. “The local agreement with Exxon Mobil represents an important strategic direction for the industry,” CEO Ali Nizar al-Shatri said in a press release Iraqi oil prices and marketing cut to the worst level”
In addition, Exxon Mobil is a world leader in oil, gas and refining, and is a integrated company that possesses the latest technology and offers prices “It is competitive, which makes it capable of playing a role in marketing Iraqi crude oil in different markets.
According to the company, the company has offered to enter into oil and gas-related projects in several regions of the world, especially in Asia, which is responsible for maintaining the market position Iraq supports the economic integration that the agreement provides.”
“Iraq needs a deep opportunity for such agreements with international companies to acquire knowledge and technology,” he said “Iraq not only needs to increase oil production, but also to improve its export capacity by building integrated systems for treasuries and export pipelines Developing the game is like the madman who signed an agreement with Acson Mobile to develop it.
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GOVERNMENT ADVISOR: THE CENTRAL BANK IS LEADING 3 PROJECTS THAT WILL ACHIEVE A BREAKTHROUGH IN DIGITAL TRANSFORMATION
(Mnt Goat: So Iraq is no longer considered a third world country? It’s about time…. Maybe its time to put the dinar in a weighted basket of currencies from other developed nations and get off the sole peg to the US dollar? is that what the CBI now has planned in the short-term?)
Iraq moves to the ranks of developed countries.
Advisor to the Prime Minister for Banking Affairs, Saleh Mahoud, confirmed today, Saturday, that the Central Bank is working on 3 strategic projects for financial transformation, which are the local electronic card, rapid payment, and the billing system, indicating that the Central Bank has timings to complete these projects and achieve a transition in the level of financial inclusion to greater levels.
Mahoud said in a statement to the official agency that followed him: “The Central Bank is currently working on three very important projects that will move Iraq to important and advanced levels”, noting that “these projects are the local electronic card, the express payment, and the billing system”.
He added that “the Central Bank now has timings to complete these three projects in order to achieve a transition in the level of financial inclusion to greater and more levels”, indicating that “Iraq often benefits from global experiences, especially in the financial field and digital transformations.
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AL-SUDANI: RESEARCH CENTERS CONVEY AN INACCURATE PICTURE OF IRAQ AND THE GOVERNMENT IS OPEN TO DIALOGUE
Prime Minister Mohammed Shia al-Sudani said on Saturday that some research and study centers do not convey the true picture of Iraq, due to obtaining their information from unofficial sources, during his reception of a group of expatriate Iraqi researchers. Today, Saturday, Prime Minister Mr. Muhammad Shiaa Al-Sudani received a group of expatriate Iraqi researchers and workers in various research institutions.
His Excellency pointed out the importance of the meeting in maintaining communication and dialogue between the government and think tanks and studies, as well as the role of researchers in crystallizing events and positions, and providing support to decision-makers.
The Prime Minister stressed the government’s keenness to support the country’s security and stability, and its respect for all opinions and orientations, noting that some research and study centers do not convey the true picture of Iraq, due to obtaining their information from unofficial sources.
During the meeting, many discussions took place about developments in the region, the agreement on Gaza, Iraq’s regional and international role, its Arab and international relations, especially with Russia and China, developments in relations with the United States, as well as the relationship with Iran and the government’s measures to limit weapons to the state.
The meeting also witnessed a discussion of the government’s economic plans, its banking reforms, its progress with construction and reconstruction projects, infrastructure, the development road and related projects, the relationship between the federal government and the Kurdistan region of Iraq in light of the recent agreement, the water file with Turkey and Iran, and the Khor Abdullah file.
The meeting touched on the elections file, the importance of broad citizen participation, the relationship between the executive and legislative authorities, as well as discussing the file of Iraqi communities abroad, as well as the government’s procedures and steps regarding the reconstruction of Sinjar.
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THE COURSE OF BAGHDAD’S RELATIONSHIP WITH WASHINGTON HAS TURNED, AND THE RECENT SANCTIONS ARE THE BEGINNING OF A BROADER WAVE
Iraqi official to the Middle East
Asharq Al-Awsat newspaper quoted an Iraqi official as saying that the recent sanctions, which included Iraqi figures, companies linked to the Popular Mobilization Forces, and Iraqi banks, are a prelude to a broader wave that will include additional figures and entities, indicating that these sanctions indicate a negative shift in the course of the relationship between the Trump administration and the Iraqi government, especially with the start of a new phase of cooperation between Baghdad and Washington.
On Thursday, the US Treasury Department announced the imposition of sanctions on a number of Iraqi individuals and companies on charges of supporting Iranian-backed militias, including Kataib Hezbollah, the Quds Force, and the Engineer Company affiliated with the Popular Mobilization Forces, due to arms smuggling, money laundering, and involvement in financial corruption.
While Washington announced the inclusion of a number of Iraqi official and commercial figures and companies linked to the «Popular Mobilization Forces» on the «blacklist», Baghdad fears the expansion of the US sanctions list.
The US State Department announced on Thursday that Washington is targeting «Kataib Hezbollah» and the «Asaib Ahl al-Haq» group, for their role in «circumventing US sanctions, smuggling weapons, and engaging in widespread corruption activities inside Iraq».
An Iraqi official who spoke to «Asharq Al-Awsat» suggested that the sanctions «represent a prelude to a broader wave that may include additional figures and entities in the next stage».
The political official, who requested to remain anonymous, explained that these sanctions «clearly indicate a negative shift in the course of the relationship between the Trump administration and the Iraqi government», indicating that this development comes at a time when a new phase of cooperation has begun between Baghdad and Washington.
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AN ECONOMIC INSTITUTION IS CONTINGENT ON THE SUCCESS OF THE GRAND FAW PORT PROJECT BEING ENABLED BY THE DEVELOPMENT OF IRAQI AIRPORTS.
The Iraq Future Foundation for Economic Studies and Consultations on Friday linked the success of the Grand Faw Port project to strengthening Iraqi airports and increasing their air cargo capacity. Otherwise, the project will not be a major player in the region.
Commenting on the recent Iraqi Business Summit in Basra, held under the theme “Faw Port: Iraq’s Gateway to Investment,” the corporation’s chairman, Manar Al-Obaidi, published an article titled “Faw Port… and the Missing Opportunity Between the Airport and the Seaport.”
Al-Obaidi, who attended the summit, said, “The extent of the port’s infrastructure achievements, the modern facilities, and the implementation mechanism all reflect serious work that deserves praise.” He added, “However, what caught my attention before arriving at the port was my passage through Baghdad and Basra International Airports. These two airports are among the largest in the region in terms of the area allocated for air cargo, as they were originally designed to be platforms for re-export and transit operations, given their distinguished geographical location linking East and West.”
He added that the paradox becomes apparent when looking at the actual figures: the volume of air cargo at Baghdad Airport in 2023 did not exceed 21,000 tons, while Basra Airport recorded only about 5,000 tons.
Al-Obaidi also pointed out that, “In contrast, we find that the numbers in the Kurdistan Region and the world are completely different. Dubai International Airport recorded more than 2.2 million tons in 2024, Istanbul International Airport about 2 million tons, Abu Dhabi Airport about 700,000 tons, and Amman International Airport about 75,000 tons.” He added, “As for Erbil Airport, the volume of air freight reached 19,000 tons, and Sulaymaniyah Airport 3,000 tons.”
The Foundation’s Chairman stated, “This comparison reveals a significant gap between the ability to build infrastructure and the ability to operate it efficiently within a competitive and flexible system capable of seizing opportunities and understanding the true size of the market.”
He noted that “despite its well-equipped airports and integrated infrastructure, Iraq has been unable to compete with regional airports—and even its own local airports in Erbil and Sulaymaniyah—due to the lack of vision, mechanisms, objectives, and leadership capable of transforming potential into achievement.”
Al-Obaidi warned that “anyone who believes that Iraq will succeed in entering the East-West logistics market through infrastructure alone is delusional. Anyone who believes that the traditional government mentality is capable of competing with the region’s ports and airports is also delusional. Anyone who believes that the current bureaucracy can build real competitiveness is even more delusional.”
The head of the Iraq Future Foundation concluded, “If we want the port of Faw to become a major player in the region, we must first empower Iraq’s major airports to assume their natural role in the air transport and cargo system, rather than leaving the stage to small, limited-capacity airports to dominate this vital sector.”
Al-Abidi concluded his remarks by saying, “Big goals may look beautiful on the surface, but if they are not formulated with a comprehensive vision and an effective operational system, they will remain mere deferred dreams that will quickly fade with the first crisis we face.”
(Mnt Goat:Yes, this last statement sums up Iraq for sure…)
The Grand Faw Port is a strategic project in the far south of Iraq, located on the Faw Peninsula in Basra Governorate. It aims to transform the country into a regional trade hub by connecting it to global transportation networks.
The project costs approximately $4.6 billion and covers an area of 54 square kilometers.
Its annual capacity is expected to reach 99 million tons, making it one of the largest ports in the Arabian Gulf and the tenth largest in the world.
The port’s depth is expected to be 19 metres, to accommodate the largest commercial vessels. In 2024, the concrete wall for the quays was completed, the piers were prepared, and work began on the container yard. Work is proceeding in parallel, with a focus on completing the last five projects simultaneously.
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AL-SUDANI’S ADVISOR REVEALS THE DATE OF THE WITHDRAWAL OF THE LAST FOREIGN FORCE FROM IRAQI TERRITORY.
The Iraqi Prime Minister’s security advisor, Khaled al-Yaqoubi, revealed the date for the complete withdrawal of foreign forces from Iraq, pointing to a new “security and military” agreement that will strengthen the strategic framework agreement between Baghdad and Washington.
In a televised interview followed by Al-Jabal, Al-Yaqoubi said, “Iraq is transitioning to a new phase with the United States, for the first time since 2014, following the American withdrawal.” He explained that, “For the first time, we have reached an agreement to withdraw combat forces and transition to a joint bilateral relationship.”
Al-Yaqoubi confirmed the continuation of negotiations between the two countries, the implementation of the agreement on the timetable for the withdrawal of combat forces of the US-led international coalition from Iraq, and the transition to bilateral relations. He said, “Negotiations are ongoing between the two delegations, and it is hoped that we will reach an agreement next month.” He revealed that “a bilateral Iraqi-US military security agreement will strengthen the strategic framework agreement signed in 2008 between the two countries.”
According to Al-Sudani’s advisor, the Iraqi government began implementing the withdrawal timetable agreed upon with the United States on September 30 of this year, and “Iraq will be free of any American combat forces or members of the international coalition by September 2026.”
Al-Yaqoubi praised the role of the international coalition in supporting Iraq in eliminating ISIS and reclaiming its territory from the group’s grip, noting that “after the terrorist groups entered Iraq, an international coalition led by the United States was formed to fight ISIS in Iraq and Syria. The coalition forces arrived under American leadership, and we defeated ISIS, leaving only a few pockets in caves.” He emphasized that “Iraq controls the entire territory, militarily.”
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ONLY TWO US BASES TO STAY IN IRAQ
Two advisory US bases will remain in Iraq, sources said on Saturday, as the withdrawal of American forces continues on schedule under the bilateral security agreement with Washington. The sources told Shafaq News that the bases will host a limited number of military advisers tasked with training and coordination support “as needed.”
Under the plan, all US combat troops will depart by September 2026. Global Coalition personnel — once numbering about 2,000 — will be reduced to fewer than 500, primarily stationed in Erbil, with others redeployed to Kuwait.
Baghdad described the transition as a “restoration of sovereignty” while preserving security and intelligence cooperation with Washington. Iran-aligned factions have hailed it as a “resistance victory,” whereas Kurdish officials backed a limited US presence to help counter ISIS threats in northern Iraq.
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MAZHAR SALEH: TEMPORARY DISBURSEMENT WILL BEGIN ON JANUARY 1, 2026.
The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed that the government will begin temporary disbursements starting January 1, 2026, if the submission of the draft general budget law is delayed or its enactment is delayed before the start of the new fiscal year.
Saleh said in a statement to {Euphrates News} that: “The government will continue to implement its financial activities based on the provisions of the Financial Management Law, and in accordance with the principle of “1/12” of the previous year’s expenditures, specifically the actual ongoing expenditures for that year until the general budget law is approved by the House of Representatives.”
Saleh pointed out that “this measure ensures the continuity of state institutions’ operations and the fulfillment of their financial obligations without interruption until the necessary legislative procedures for the budget are completed.”
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BAGHDAD RESPONDS FORCEFULLY: “IRAQ DOES NOT ACCEPT GUARDIANSHIP”… AND A NATIONAL INVESTIGATION AFTER US SANCTIONS.
In the first official response to the recent US sanctions targeting the PMF General Engineer Company and a number of other Iraqi entities, the Iraqi government affirmed that the rule of law is its red line and that Iraq “rejects any foreign tutelage or interference in its internal affairs.”
The government said in an official statement that the unilateral US decision is “extremely regrettable” and contradicts the spirit of friendship and historical relations between Baghdad and Washington. It noted that making such decisions without prior consultation sets a negative precedent for relations between allied countries.
The Prime Minister announced the formation of a higher national committee comprising representatives from the Ministry of Finance, the Central Bank, the Integrity Commission, and the Financial Supervision Bureau to review the case and submit a detailed report within 30 days.
The statement affirmed that the government protects workers and vital projects, and that any corrective measures will not infringe upon citizens’ rights. It also emphasized its rejection of any financial or economic activity outside national legal frameworks.
The statement concluded by emphasizing that the government is proceeding with its institutional and economic reforms and building a transparent and balanced investment environment that serves the interests of Iraq and its people and enshrines the principle of a strong, sovereign state.
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REPRESENTATIVE: WASHINGTON CONTROLS IRAQI FINANCIAL TRANSFERS AND HINDERS ECONOMIC INDEPENDENCE
(Mnt Goat: With the situation of the occupied PMF militias in Iraq and the lack of concern by the Iraqi govt to get rid of them, shows us that this may be necessary, at least for now. The question going through Washington’s mind is this – Is Iraq even capable of even defending itself against the Iranian-backed proxy takeover? Let’s be real. Having the Iranian PMF is NOT Iraqi sovereignty. So, they talk big about sovereignty but can’t walk the talk.)
Member of Parliamentary Finance, Moeen Al-Kadhimi, confirmed today, Sunday, that the United States of America imposes direct control over financial transfers in Iraq, which restricts the country’s ability to conduct its banking transactions freely and independently, noting that Washington is exploiting this issue to serve its political and economic interests.
Al-Kadhimi said in a statement, “The United States is still exerting pressure on the Central Bank of Iraq through the SWIFT financial transfer system, which prevents Iraq from dealing freely with a number of countries and negatively affects the movement of the national economy.“
He added, “Washington is exploiting this system as a tool for political pressure, controlling the access of funds to a number of sectors and imposing restrictions on foreign transfers, especially those related to trade and imports.”
Al-Kadhimi indicated that “Iraq does not yet enjoy full financial sovereignty due to these interventions that serve American interests without taking into account the needs of the Iraqi market or the requirements of the country’s economic security.”
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BARZANI RECALLS THE 2007 OIL AND GAS LAW: IT WOULD HAVE SPARED US LEGAL TROUBLES.
(Mnt Goat: all I can say is “I told you so”.)
Kurdistan Democratic Party (KDP) leader Masoud Barzani called on Monday for the activation of oil and gas agreements between Baghdad and Erbil, stressing that the 2007 law for investing in this resource would have been a “successful model” had it been implemented on time.
A statement from Barzani’s residence in the Pirmam resort in Salah al-Din, Erbil, received by Shafaq News Agency, stated that the latter received today the former director of the US Central Intelligence Agency (CIA), General David Petraeus, who expressed his happiness at meeting President Barzani again, noting that “the last meeting between them was in the Sahela region in 2016 during the war on terrorism.”
Petraeus praised “the prominent role played by President Barzani and the Kurdistan Region in protecting the security and stability of the region, Iraq, and the wider region, and in confronting the terrorist organizations that emerged after 2003 and posed a real threat to the region and the world, as well as in consolidating the values of peace, democracy, and coexistence.”
In turn, Barzani, according to the statement, welcomed General Petraeus, expressing his gratitude “to the international coalition forces and the United States of America for their effective role in liberating Iraq from dictatorship, and subsequently for their continued support for the Peshmerga forces and Iraqi security forces in confronting terrorism and protecting the stability of Iraq and the Kurdistan Region.”
Regarding the political process in Iraq, Barzani stressed “the necessity of implementing the provisions of Iraq’s permanent constitution as the only way to rescue the country from its political crises,” expressing his hope that “all political forces will work together to find radical solutions to the problems, away from conflicts and mutual hostilities.” Barzani pointed out that “the 2007 Oil and Gas Law could have been a successful model had it been approved and implemented at the time,” stressing that “Iraq would not have faced any legal issues regarding the oil and gas file.”
He called for “activating the recent agreement between the Kurdistan Regional Government and the federal government on this issue and making it a basis for resolving all disputes.”
The statement noted that “the meeting addressed the political situation and developments in the region in general, the situation in Syria, and developments in the peace process in Türkiye.”
In another meeting, President Masoud Barzani received a delegation from the Turkish province of Şırnak, headed by Governor Birol Akiçi.
The media office’s statement explained that during the meeting, the governor of Şırnak expressed his appreciation for President Barzani’s role in promoting the peace process in Turkey, commending his positive stance toward the process, and calling for continued support for efforts to achieve a peaceful solution in Türkiye.
He explained that during the meeting, emphasis was placed on the importance of developing cultural, economic, and trade relations between Şırnak Province and the Kurdistan Region, particularly with Erbil Province.
After more than two and a half years of hiatus, crude oil exports from the Kurdistan Region’s fields via Fishkhabur to the Turkish port of Ceyhan resumed on September 27, at a rate of 190,000 barrels per day.
This step followed several meetings between delegations from the Kurdistan Region’s Ministry of Natural Resources and the federal Ministry of Oil. A tripartite agreement was ultimately reached between the two ministries and the international investing companies, stipulating that exports will be conducted through the Iraqi State Oil Marketing Organization (SOMO), which is responsible for delivering Kurdistan’s oil to the port of Ceyhan.
Kurdistan Region oil exports were halted on March 25, 2023, following an international arbitration ruling requiring Türkiye not to allow the region’s oil exports without the approval of the federal government in Baghdad.
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A BOOBY-TRAPPED MESSAGE OR A PASSING PIECE OF ADVICE? TRUMP THREATENS IRAQ’S OIL… AND WHAT’S BETWEEN THE LINES SPEAKS LOUDER THAN THE SENTENCE.
Looking back at Trump’s first record, his most striking statement stands out: “We want to control Iraq’s oil” as compensation for the cost of liberation. This argument reduces oil to an equation of spoils and power.
Today, at the Sharm el-Sheikh summit, Trump returned to the issue, but with a different tool: a public warning that Iraq “may have a problem” if it does not manage its oil well, describing Iraq as “a country full of oil” with “vast quantities.” With this shift from a discourse of direct control to conditions of management and “testing governance,” the form of influence, not its purpose, is changing.
In the background is intense competition with China, which has built a deep presence in Iraqi fields through its major and independent companies, to the extent that recent estimates indicate a control that extends from “one-third” of production to “nearly two-thirds,” depending on the method of calculation and operating shares in major fields such as Rumaila and similar fields.
In this context, Trump’s statements seem more like a delineation of management guidelines than a reserve count. What is meant is how the value chain is managed from source to balance sheet: regular production and exports north and south, contract transparency, converting revenues into stable electricity, and reducing associated gas waste. Here, “good management” becomes the new name for indirect influence: those who do not adhere to these rules face the “problem” hinted at in the speech, while those who do are granted access to investment and support. In parallel, Washington is dealing with the reality of accelerating Chinese competition: Chinese public and private companies are expanding their stake and aiming to increase their production in Iraq in the coming years, prompting the United States to reposition itself through investment, contracts, and improved security and operating conditions, according to economists.
Observers believe that within this transformation, the “corporate door” is gaining increased importance. After a retreat imposed by attacks on foreign interests, American companies have begun to gradually return to the Iraqi market, presenting the return of investment as a condition for a return to normal relations: operational and security protection, clear legal guarantees, and financing and technical paths to support the southern fields and export projects. This has been accompanied by a remarkable movement to revive old partnerships and sign new agreements, while Chinese companies continue to consolidate their foothold through expansion and development contracts. The entire scene reflects a race for economic and energy influence on Iraqi soil, the results of which are measured by the volume of actual production managed and the identity of the operator and partner in the giant fields, most notably Rumaila.
In terms of messaging, political analyst Adnan al-Tamimi interprets the Sharm el-Sheikh statement as a shift from direct control to indirect management through conditions. He told Baghdad Today, “Trump’s discussion of Iraqi oil was not spontaneous, but carried a clear political and strategic significance.
The US president focused for several minutes on all regional issues, especially the Gaza file, repeating the term ‘oil,’ which reflects the existence of an undeclared US strategy regarding the nature of interaction with Iraq, which possesses large oil reserves and is capable of increasing production thanks to fields still under development.”
This interpretation goes to the heart of the competition with Beijing: every improvement in the regularity of exports and the transparency of contracts strengthens Washington’s investment case, and every setback expands the margin of opportunity for Chinese companies, which have demonstrated their ability to quickly position themselves in medium- and large-scale projects. In this context, al-Tamimi adds that linking oil to the dollar and US economic policy gives the White House a flexible tool for pressure:
- lowering global prices when needed by increasing production from trusted partners, and
- opening or closing investment valves based on compliance with the rules.
Washington’s transition from “direct control” to “indirect control of management terms” does not seem to negate the goal of influence, but rather changes its tools. Iraq is now measured by its mastery of “barrel mechanics”: stable production, uninterrupted exports, electricity based on captured, not flared, gas, and clear contracts that reassure investors and protect public funds.
Competition with China adds urgency: every point of transparency and regulatory stability gives Baghdad a greater ability to balance the two influences, rather than relying on one of them. At this point, the question of the moment is no longer: Who owns the oil? Rather, it is who has a management plan that makes Iraq’s abundance a bargaining chip vis-à-vis both Washington and Beijing, and transforms “governance” requirements from a tool of indirect control into rules of partnership that guarantee the national interest, according to intersecting political-economic assessments.
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AL-SUDANI’S ADVISOR IDENTIFIES THE REASONS FOR THE GLOBAL RISE IN GOLD AND REVEALS THE VALUE OF IRAQ’S RESERVES.
On Tuesday, advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed the reasons for the rise in global gold prices, noting that Iraq diversifies approximately 15% of its foreign currency reserves into gold.
Saleh told Shafaq News Agency, “There is a violent cycle of strategic asset cycles in the world, led by gold, which has broken the $4,000 barrier per ounce.” He indicated that “the dollar has remained the dominant currency in dollar trade settlements since 1971 until today, dominating nearly 83% of the international payments system and about 50% or more of countries’ official reserves.”
He added, “Despite this, gold remains a standard component of diversifying the investment portfolios of central banks, including Iraq, which diversifies approximately 15% of the value of its foreign exchange reserves into gold. This conservative diversification is considered good in light of the fluctuations in foreign exchange value risks.”
According to Saleh, “The reasons for the rise in gold prices, which has led to increased demand, are due to the fact that gold is considered a safe haven in a turbulent global system,” noting that “geopolitical tensions (Ukraine, the Middle East, Taiwan, etc.) have increased market risks, prompting central banks and investors to turn to gold as an asset that is not dependent on political confidence.”
He emphasized that “the erosion of confidence in the US dollar due to the rise in the US federal debt and the politicization of the use of the dollar in international sanctions has prompted many countries (especially China, Russia, India, Turkey, and a number of others) to diversify their reserves away from the US currency.”
Saleh continued, “Gold has emerged as a monetary alternative in the post-dollar system. Since 2022, BRICS countries and countries of the Global South have been moving towards rebuilding their gold reserves as part of their strategy to reduce reliance on the dollar in inter-trade. China, in particular, purchased more than 300 tons of gold through the Shanghai Stock Exchange in 2024 to bolster the gold yuan and cover part of its non-dollar reserves, and it continues to do so to a large extent.”
Al-Sudani’s advisor continued, “Gold is not treated as an ordinary commodity, but rather as a parallel reserve currency in the making, as it is considered relevant to global monetary policies. Declining expectations of a US interest rate cut have prompted investors to turn to gold, which undoubtedly retains its value as a safe haven.”
Saleh concluded by saying, “The main reason behind the rise is China’s recent rush to buy gold to propel its currency into the global currency club at the required speed, reinforced by the strategic asset of gold. This is the reason behind the rise in global gold prices, as it is the beginning of a currency war between China and the United States, and China versus the trade war between them, and the United States’ threat to raise tariffs to 100% with China.”
Gold prices have skyrocketed in Iraq over the past period, with the selling price of a 21-karat mithqal of gold in Baghdad’s goldsmith shops reaching 820,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 780,000 and 790,000 dinars. In Erbil, the capital of the Kurdistan Region, 21-karat gold sold for 833,000 dinars, and 18-karat gold sold for 715,000 dinars.
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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.
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Mnt Goat
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