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 28, 2025 Mnt Goat News Brief
Guten Tag everyone:
A true picture of what is about to happen. Are you ready?
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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Psalm 37:4
“Delight yourself in the Lord; And He will give you the desires of your heart.”
More news….
THE OIL AND GAS LAW RETURNS TO THE FOREFRONT, AND PARLIAMENT FACES A TEST OF POLITICAL WILL.
As the fifth legislative session draws to a close and the country enters the electoral phase, the federal oil and gas law returns to the forefront of the political scene in Iraq as one of the most sensitive pieces of legislation postponed since 2007, amid warnings that its continued obstruction will deepen the economic crisis and keep the country hostage to political disputes. The oil and gas law is one of the most contentious issues between the federal government, the Kurdistan Regional Government, and the oil-producing provinces, as it stands at a crucial crossroads that determines the future of oil wealth management, which constitutes more than 90 percent of state revenues.
(We can see the effort to get this new law passed in parliament done by December. They know the Trump mandate and this is on the list of the five (5) major issues facing Iraq that the US needs done to reinstate the dinar. This is much needed for stability as investors are not going to want to see the rivalry of Baghdad vs Kurdistan and the crippling of the economy it can bring in sutting off oil, postponing salaries, etc.. Instead they will want consistency and growth.)
More news….
IRAQ TO MANUFACTURE ELECTRIC, GASOLINE, AND DIESEL CARS
(All I can say is WOW! )
Kirkuk Governorate laid the foundation stone on Monday for the Uruk factory project to manufacture electric, gasoline, and diesel cars.
Kirkuk Governor Rebwar Taha said in a press statement followed by (Video News Agency) that Kirkuk and Iraq witnessed today a qualitative launch in the field of national industry with the laying of the foundation stone for the largest factory for manufacturing electric cars, which is the first of its kind in Iraq and the Middle East.
He added that the factory management has concluded preliminary understandings with a number of major American, German and Turkish automakers, with the aim of transferring modern technology to Iraq and enhancing its industrial capabilities in this promising field.
He pointed out that the project will contribute to providing thousands of job opportunities for young people in Kirkuk Governorate, and will support the national economy by reducing dependence on imports and encouraging local industry in the vehicle sector.
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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.
Today’s Newsletter’s ‘Status of the RV’ commentary is a bit longer than usual so please find a comfortable chair, get a nice cup of tea or coffee and relax. Read this today slowly and understand it fully. It will help you see what is happening with the RV and how it is going to happen.
To start, I first need to reiterate that last week the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency. If you recall two weeks ago, we also had articles on this subject matter, then also videos of the results of surveys given to the citizens on the subject matter by the CBI. So, last week again the CBI confirmed to the citizens the project is underway and we will see more information about it soon.
These types of recent articles are no longer just updates on the project to remove the zeros but informational and educational for the start of the process, at least that is what my CBI told me on my call to Iraq last Wednesday. Is she lying to me? So, we can expect more of these articles ongoing from now on educating us on this process that is underway…finally…. 😊
I encourage everyone to go read my section on the Project to Delete the Zeros in my blog even if you had not done so already. There is ongoing information and it is chockfull of goodies for us investors in the dinar. Especially at a time like this when we are so close, you don’t want to be left behind. This information will help you through the anxiety of seeing the process in motion and help with realistic expectations of what comes next in the process.
So, first I want to state today that everything I am about to tell you next is FACTUAL and has been confirmed by my CBI contact last Saturday on a call to Iraq. So, there is no Rumors , Opinions, monkey business or intel guru bullshit talk going on here.
In the country of Iraq, the television news channel 8 has released an educational presentation that was played in Iraq on October 26th and keeps playing. See the below link and you can read it for yourself. This newest news shows the older historical dinar notes and coins as they too were lower denominations. But the key for us investors is why are they showing this and what’s it all about?
What I am told this latest video is doing is making a case that the CBI is bringing back these lower denominations and that we may also very well see many of these features of the notes from the past 1930’s – 1940’s on the newer lower denomination. Why these images? This was the ‘golden age’ for Iraq, get it now? That’s the point of this recent news. There is an historical presentation full of Iraq pride in their prior currency. But what was the rate back in the 1930’s and 1940’s? Let’s take a closer look at this period.
PAY ATTENTION to the little things Iraq does:
First, throughout the 1930’s & 1940’s the dinar was $4.86. WOW! The CBI used this chart (see above) years ago under Ali Al-Alaq to present the past of the Iraqi dinar to foreign investors in his seminars. Now they are showing the currency notes from that same era again, this time on national TV in commercials in Iraq.
Next, they just told us in a two-week campaign, that the project to remove the zeros is here and we would hear more about it in the coming period.
Next, if they are targeting early 2026 for a reinstatement of the Dinar we better see the removal of the zeros in the next couple Months.
Next, we know from past articles taken from information in Al-Alaq’s investment seminars, going back years ago, that he constantly boast about this same era as the ‘golden age’ for Iraq.
Next, is Al-Alaqis now in partners with Al-Sudani bringing back this same era of greatness to Iraq. Both have talked openly about the dinar being greater than the dollar soon.
Next, could this be about the rate they are striving for $4.86? But they will need to makes changes to Iraq so the rate can be supported and not only supported when it comes out, but sustained in the long term.
Next, so for the past three (3) years have we not witnessed all these changes? Is this why we have been waiting so long for the RV?
My take on these observations is this:
Why won’t they believe it?
This is mainly because these intel gurus don’t pay attention to minor details or if they get the details they soon forget to be able to connect the pieces when later information comes out. These same intel guru idiots are too concerned about telling their RV stories and rumors than FACTUAL information. They audiences tend to be dumbed down and are almost as stupid as they are. While on their conference calls they give bogus information about bank screens, memos, rates or three letter agency gossip and rumors. They use it to pump their everyday / any day RV scenarios. They have done this over the last two decades.
But as usual, again we get the knee jerk reactions by these stupid intel gurus with their stupid rumors and opinions about these recent articles on removing the zeros. On one call, I remember, TNT Tony told his audience that the three letter agency told him that removing the zeros didn’t matter. Really? So without questioning it, Tomy just repeated the nonsense. His is as stupid as the rest. Then some just repeat other rumors and do absolutely now research. They have been so lazy in the past that they have no past information in their minds or records to connect the current news to. They simply make up stories. Some intel gurus say the 50 dinar note is back but I assure you it is not yet back in circulation. There is also no pictures published as of yet of ANY of the newer lower denominations. Any pictures you see are from the ‘golden era’ of Iraq from the 1930’s and 1940’s and the CBI is attempting to impress upon the citizens what the newer notes might look like from these images. That is all it is.
Remember that in 2016 the CBI specifically told the citizens that when they begin the Project to Delete the Zeros, they would begin with the new 100 dinar note and coin. Has this changed? Again, why would they start with the 100 dinar note and not the low lowest notes. I will leave this question for you to ponder over. Soon you will see the answer but it will come from the CBI not me.
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Article from Iraq Channel 8 News follows:
A HISTORICAL LOOK AT IRAQ’S COINS AND BANKNOTES
By Mohammed Jangadost 26/10/2025
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Newer “lower of the lower” denomination notes will be as follows:
Bills: 1 dinar, 5 dinar, 10 dinar, 25 dinar, 50 dinar, 100 dinar
Coins: 10 fils, 25 fils, 50 fils and a 1 dinar.
Note: there may also be a 20 dinar added.
What will happen to the three zero notes?
To coincide with the newer lower denomination notes, the following three zero notes will still exist but taken out of everyday circulation. They will be used only in the background for financial institutions for larger cash transactions for international transactions, such as trade deals. Note the 20,000 note has been added since this note does not yet exist in circulation in Iraq.
250, 500, 1000, 5,000, 10,000, 20,000, 25,000, 50,000
Earlier it was announced the CBI will also be adding the following new coins but this could change, probably not:
.05 fil
.10 fil
1 dinar fil
5 dinar fil
10 dinar fil
50 dinar fil
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The 20,000 IQD Note Saga:
Next, let’s review this 20,000 dinar note legacy since the CBI just told us that they are going to issue it, as part of removing the zeros. Does this sound weird to you or what at this point in time? But let me explain and so you will understand what they are doing.
What did we recently just read in a CBI article from 10/22? I quote from it below:
“He (meaning Ali Al-Alaq) pointed out that, “With the renewed proposal for the zero-removal project, which is currently being prepared, the currency denominations will be restructured in general, including the 20,000 denomination.”
What is really going on with this 20,000 note and why the recent article mentioned it from the CBI. Do you remember this article below from the past? In was one of many from late 2022. Let’s tie in this recent news to the news of 2022. Older article follows:
So, we do also know that in2022 they cancelled the notion of the 20,000 note once Ali Al-Alaq came back as the governor of the CBI in early 2023. At that time, he told us this note was still “under review”. In other words, the CBI changed it’s mind on this note and so now it has decided it is time to issue it, but only to the banks not the everyday citizen. Get it?
They now plan to launch that 20,000 note in 2025-2026 at the same time as they conduct the removing the zeros and launching the lower categories. So, this is all we now know about this note. Don’t be scared about it. It is not going to affect the removing of the zeros except that a newer 20 dinar note may arise to coincide with it. I said may arise. The CBI has not yet told us.
What? The ‘Purchasing Power’ will not change?
In some of these past and recent articles about the Project to Delete the Zeros, they state the “purchasing power” will not be change when they do it. Note they DID NOT say the rate would not change. This is tricky and so pay attention to what I am about to say next if you truly want to understand what they told us.
I quote from one of the October 16th recent articles:
“Comparative studies indicate that deleting zeros is a technical accounting step that does not change purchasing power, but rather simplifies calculations and reduces errors in financial systems”
NOTE: Very Important- the CBI did not say the rate wouldn’t change but did say the “purchasing power” would not change. Very tricky! Of course, we all can assume that the purchasing power is connected to the rate, as when the dinar has a higher rate one can use it to purchase more. Right? Again this is tricky and so stay with me…. 😊
However, as long-term investors in the dinar we all should know better, don’t we think there must be some kind of rate change in-country? How can we have these lower denominations without a rate change, as they would be almost worthless. Ah…but this is the what we are about to explore.
First why would they need a rate change?
- To incentive the citizens to turn in stashed of currency to the banks
- Al Sudani told us the dinar would be worth more than the dollar (but this may not come until the reinstatement phase of the project.
Here is yet more proof that the rate of the dinar must change when they Delete the Zeros. But is the CBI going to “intentionally” change it, or will this just occur as a matter of removing the zeros. This is the key to unlocking the mystery of this latest statement of ‘that deleting zeros is a technical accounting step that does not change purchasing power” Let me explain.
I need everyone to put on their thinking caps. Ready…okay Think about it, yes THINK, THINK, THINK!
So, let’s role play and figure this out together, okay? Here is an example using what they just told us in recent articles Then we can determine if the rate does change, but changes as a matter of course, not an “official” CBI rate change. The CBI even used the term that deleting zeros is a technical accounting step that does not change purchasing power. Can you see it now?
Example: Today is October 28, 2025 and the “official” CBI rate is 1320 IQD per 1 USD, right? We know this and they told us this is not changing “in order to remove the zeros”. Okay so now we are beginning to see the light and what will happen. You see the CBI does not have to change the “official” rate as it will change itself. Again lets go to an example and we will understand.
So, today the “official” CBI rate is 1320 IQD per 1 USD. This equates to about $18.94 for the value of a 25,000 dinar bill today. Here is how I calculated this: 1.00 /1320 = .00007575 per dinar. Yes, that is not even a penny a dinar. Then multiply .00007575 x 25,000 = $18.94 USD. Everyone still following me? Let’s go further and here is where the rate does change.
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So, if the 25 dinar note is to replace the 25,000 note and the “purchasing power” is said not to change, it would have to have a value of $18.94 too according to the recent set of articles just published by the CBI, right? The same as the 25,000 note it is replacing, right?
So, let’s look at what happens when they removing the zeros…..
Logically if we take 18.94 divided by 25 we get .72 (almost .73 cents) per dinar. WOW! Do you see the rate change now? If you take the 1320 “official” CBI rate the rate per dinar is at .00007575 per dinar, right?
So, the rate did change! Again, what are we talking about here? What they told us about the “purchasing power” of the dinar not changing is true but they are not telling us the entire truth. It is a play on words. But ‘technically’ they are correct. The CBI even used the term that deleting zeros is a technical accounting step that does not change purchasing power. Can you see it now?
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CAUTION
But be careful that some intel gurus are telling you that removing the zeros means to drop the zeros from the “official” CBI rate. This is entirely FALSE. Just take a look at this video from the CBI itself, It is now playing in Iraq as part of the educational process. Yes, Frank26 I am talking to you. Get your information correct. Tell you listeners the TRUTH!
This simply is just more intel guru idiot talk and that is why I am now telling you to stay away from these idiots. Again, they don’t know what the hell they are talking about. So, let’s do the math and see what happens to the “official” rate per dinar under 1320. The rate is actually .0007575 per dinar then drop three zeros = .0007575 leaving .75 or 75 or 76 cents rounded. So, if what the gurus say is true the “purchasing” power would be drastically changed to 75 cents by a “rate change” and this is not what the CBI just told us. Get it?
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I know, I know, it is confusing and so just relax, listen to me and don’t over think it.
So, now let me answer some common questions that may arise: Always feel free to ask your question(s). I will do my best to answer them. But before you do make sure I didn’t already talk about your topic.
Question: When does our real RV nominal rate come out, the big rate we all want such as $3.81 or $4.00 as we are told might be the rate?
Answer: Again I will emphasize that the Project to Delete the Zeros is ONLY the first step of the process to get to FOREX and the dinar is still solely pegged to the dollar. It is to collect all the larger notes and issue the lower denominations. This is the purpose of this step. The CBI will be VERY concerned about inflation afterwards and so they told us there will be a period of time before they move to the next step.
The next step is the REINSTATEMENT on to FOREX. The peg will change and the IQD will be repegged to a “basket” of currencies that will allow it to change drastically higher. Get it? This is how we get the rate we want. This is when we go exchange.
Here is the article from 2019 from the CBI as proof that there must be value and usefulness in the dinar for the citizens to use it or the launching of the newer notes will not work. The project will be a flop.
Folks, I try to save everything so I can go back to it. See article below:
Question: Is Iraq really now distributing the newer lower denominations?
Answer: Absolutely NOT! Stop listening to these idiot intel gurus. My CBI contact told me she will let us know when this happens. The CBI will first publish the newer notes on their website and with pictures once they start rolling them out.
Question: Did the CBI recently publish the pictures of the newer lower category notes 1,5, 10 and 50? Stop listening to these idiot intel gurus.
Answer: Absolutely NOT! As I emphasized years ago they will use the vehicle of the CBI site to show all the newer notes just as they with the three zero notes. They don’t want to give the counterfeiters time to design and print these newer categories prior to launching the notes in Project to Delete the Zeros. They are keeping very tight security on these newer notes.
Question: Is this lop? Will our dinar be worthless? Yes, I want to shoot the next person who asks me this….lol… lol.. lol..
Answer: Folks your dinars now are almost worthless. Get it..lol..lol..lol.. 😊? A “lop” is a very specific tool used by the IMF. It has a specific meaning to “restart” a currency. In other words, the central bank takes in the hyper-inflated currency due to “hyper-inflation” and restarts the denomination process all over again by issuing lower denominations. In other words, unless they do something about the very high inflation in years ahead, they will be lopping again and again. So, what did the CBI and the Finance Committee tell us about Iraq’s inflation rate? I will leave it at that…. Please no more questions about a lop!!!! ☹ PS- I also read the 2011 CBI / IMF plan to get to the reinstatement and it does not at all talk about a lop. We also know these 3 zero notes are going to “coincide” with the newer lower denominations. So how can this possibly be a “lop”. Please do your research.
Please feel free to ask a question on this subject matter. Now is the time.
What else is in the news?
OIL, INVESTMENT & RECOVERY: IRAQ’S PM TALKS FUTURE WITH CNBC
THE IRAQI NOVEMBER ELECTIONS
😊 In the article titled “RAISE YOUR HANDS IN PRAYER FOR AL-SUDANI’S SECOND TERM” we see the criticality of Al-Sudani getting a second term. All we really have to do is look at all his hard work and success and how far Iraq has gone these last years of his prime ministership.
Like in the 2024 elections for the U.S. , the Iraqi elections too are the most important elections in post Saddam Hussein era. We better all pray that Al-Sudani gets a second term and not some Iranian backed nut case. But I don’t believe this will happen as the U.S. is watching this election very closely.
Only fourteen days separate us from the date of the most important legislative elections in the post-dictatorship era. Fourteen days, Iraqis will head to the ballot boxes to make the most important decision in their lives and the future of their children. Fourteen days, history will record that Iraqis have chosen a bright and better future and tomorrow. Fourteen days, history will record in letters of light that the builder of the new Iraqi renaissance, Mohammed Shia Al-Sudani, will move Iraq forward to a free homeland and a happy people.
The US administration has sent a strong message to some Iraqi leaders, saying that with their consent, the highest positions in the new Iraqi cabinet will be appointed by the people not the heads of the blocks. The United States has insisted that certain positions will be decided by the people alone in the majority voting process in November such as the posts of president, prime minister, parliament speaker, finance, oil, interior, defense and central bank governors in the next Iraqi government and will not allow other countries to interfere in the issue, a source said. The US special envoy to Iraq has been appointed in part, to ensure this occurs.
(This will be interesting to watch. There will be conflict with this idea. We may see articles with Iranian influence trying to convince the citizens that the US is going to make the decision, when all the US wants is for the people to decide these critical positions and not some Iranian backed heads of block. Think about it, this will also quicken the election process and get the government moving into the next term.)
There are many articles in the Articles Section about this topic. This is a very hot topic in Iraq right now. This is a pivotal election for Iraq like the 2024 election was for the U.S. It will either make or break Iraq as the U.S. will not want to deal with a puppet state of Iran, if this turns out to be the case. I will also say that all hell is going to break out if a pro-Iranian puppet prime minister is put in place.
😊You might also want to take peak at the article titled “THE “LARGEST BLOC” NO LONGER MATTERS: THE TRUMP ADMINISTRATION SETS POST-ELECTION RULES”
So, for the first time, the US begins to separate Iraq from the Iranian issue. In the final days leading up to the Iraqi elections, scheduled to take place in 15 days, Tehran is attempting to retest the loyalty of its allies within the country, amid indications that the upcoming elections may produce a different political equation, one that favors a shift away from Iranian influence.
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So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?
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 brighter 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
“YOUR ENEMIES ARE PLANNING FOR A DARK WINTER”
You can start watching the video at the 17:34 mark. Third one from Oct 18th.
“MAJOR CITIES ARE TARGETS FOR UPRISINGS AND TERRORIST ATTACKS”
You can start watching the video at the 10:38 mark. Third one from Oct 19th.
This is the world of the Biden years and his legacy presidency that brought to the U.S. Welcome to the middle east.
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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.
Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.
Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.
It is key to the “RESET”.
Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.
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
DEMS ENRAGED OVER WHITE HOUSE DEMOLITION
Who is the real ‘WRECKING BALL’ of our nation?
IS THIS A FULL-SCALE INSURRECTION – DEMOCRATS PANIC AS JUSTICE CLOSES IN
It is very likely that president Trump will invoke the full-scale Insurrection Act in the very near future. He has been holding off on doing this, since there are other complications associated with it.
The Insurrection Act is a federal law enacted in 1807 that allows the U.S. president to deploy military forces within the United States to suppress rebellion, enforce the law, or quell domestic uprisings. It grants the president the authority to use military or National Guard troops when it becomes impracticable to enforce the law through regular means.
IS OUR PRESIDENT TRUMP GOING TO ENACT THE INSURRECTION ACT?
What did prophet Barry Wunsch just tell us about this subject matter? So, yes it may very well happen. There are sleeper cells within all our major cities waiting to strike. They believe these strikes will occur if they don’t get what they want in the mid-terms. This is thanks to the Biden administration open boarder policies.
NOT SO FAST MR. “SHIFTY”- SHIT HEAD SCHIFF , THOUGHT YOU WERE ‘OFF THE HOOK’? JUSTICE WILL PREVAIL!
WHO REALLY IS THE FORMER, NOW INDICTED ON TWO FELONY COUNTS, NY AG LETITIA JAMES?
A picture can speak a thousand words… I will leave it at that.
JUST THE FACTS OF THE SCHUMER SHUTDOWN
No, it is not going to be democrat business as usual! A shift in how the government is going to be run in the future, and the future is now.
IS IT TIME FOR JUSTICE FOR JACK SMITH
“No one is above the law” and this applies to you too Jack. Did he have legal justification to spy on nearly a dozen republican senators and tap their phone lines? What about what he did to Trump?
THE “SHIT” IS ABOUT TO HIT THE FAN FOR SHIFTY SHIT-HEAD SCHIFF.
Will he be next on the list of people indicted? It’s coming….trust me on this one.
THE OIL AND GAS LAW RETURNS TO THE FOREFRONT, AND PARLIAMENT FACES A TEST OF POLITICAL WILL.
As the fifth legislative session draws to a close and the country enters the electoral phase, the federal oil and gas law returns to the forefront of the political scene in Iraq as one of the most sensitive pieces of legislation postponed since 2007, amid warnings that its continued obstruction will deepen the economic crisis and keep the country hostage to political disputes. The oil and gas law is one of the most contentious issues between the federal government, the Kurdistan Regional Government, and the oil-producing provinces, as it stands at a crucial crossroads that determines the future of oil wealth management, which constitutes more than 90 percent of state revenues.
Amid repeated calls from the presidency and parliament to pass it before the end of the current session, fears are growing that its continued obstruction will disrupt the investment environment and weaken the unity of oil decision-making.
Energy expert Mohammed Hawrami believes that the continued absence of the law represents an economic and legislative failure that has had direct repercussions on oil wealth management and the general budget, as well as declining attractiveness for foreign investment in the energy sector.
Hawrami explained that postponing the approval of the law during this session means postponing the decision to a new session, along with the accompanying new tensions over powers and revenue sharing, making any further disruption costly to the national economy. He
added that the absence of a legal framework has created a state of administrative and financial chaos between the central government, the region, and the producing provinces, and has deprived Iraq of the ability to formulate a unified production and investment policy. This has negatively impacted the confidence of foreign companies awaiting stable legislation that guarantees the sustainability of their operations.
He pointed out that Iraq needs annual investments exceeding $15 billion to develop the oil and energy sector and improve refining and export capacities.
However, the absence of legal regulation of contracts and financial distribution makes the investment environment risky and limits the entry of major companies into the market. Hawrami emphasized that the current parliament’s window of opportunity is almost running out, requiring urgent action to adopt the law before the end of the session, as continued disruption means postponing any real economic transformation towards diversification and sustainable development.
For his part, Bassem Nughmish, a member of the Parliamentary Oil and Gas Committee, emphasized that the continued suspension of the law keeps the Iraqi economy mired in a cycle of rents and limits its ability to achieve balanced development.
Naghamish explained that the absence of the law means the absence of a regulatory framework for managing national wealth, which confuses financial planning, leads to disparities in the distribution of revenues between the center and producing provinces, and limits the state’s ability to implement a stable fiscal policy.
He pointed out that political disputes over powers and revenue-sharing mechanisms hinder the implementation of vital projects in the oil and energy sector and create an unstable environment for foreign investors seeking clear and stable legislation.
Naghamish added that delaying the enactment of the law deprives Iraq of billions of dollars in investment opportunities annually and weakens the state’s ability to transfer oil revenues into productive and development projects in the provinces. He stressed the need for the law to include clear mechanisms for financial governance, management of joint fields, and the establishment of a national fund for the
development of producing provinces.
Naghamish concluded by saying that the next phase requires a comprehensive political and economic settlement that removes the oil issue from tensions and ensures a unified law that balances the powers of the central government and the rights of the regions, transforming oil wealth from a source of contention into a lever for development and stability
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EXPERT: IRAQI BANKS NEED COMPREHENSIVE REFORM TO FREE THEMSELVES FROM THE RESTRICTIONS OF DOLLAR TRANSACTIONS.
Financial and banking expert Mustafa Hantoush confirmed on Monday that the banking sector in Iraq stands today on the threshold of a new phase, as it approaches liberation from restrictions on dealing in the dollar.
However, at the same time, it needs radical reforms to modernize its operational structure and enhance its efficiency. Hantoush said in a statement to Al-Maalouma Agency, that “about 90% of the Iraqi banking system is still subject to the influence of dollar restrictions due to suspicions and problems it has experienced over the past years,” noting that “it is expected that within less than three months, some banks will begin to gradually free themselves from these restrictions.”
(Mnt Goat: Oh…But I thought all UN imposed sanctions are over? So why still the restrictions on the dollar? More than that the use of the dollar to pay for imports and the sole peg to the dollar for currency peg.)
He added that “the banking process in Iraq is still limited in activity, as it requires the introduction of an integrated system that includes deposits, loan financing, and expanding investment areas, in addition to updating the standards in force in cooperation with the Central Bank of Iraq.”
He explained that “achieving full financial inclusion represents a fundamental step in developing the sector, through diversifying banking services and not being limited to current accounts only,” while stressing “the importance of strengthening relations with international banks and opening new correspondence channels that enable Iraqi banks to effectively integrate into the international financial system,” adding that “updating technical systems and simplifying procedures to serve citizens is a crucial stage in the reform process, provided that complications and administrative routine that hinder development and limit the efficiency of banking performance are avoided.”
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IN EXCHANGE FOR A SECOND TERM, A POLITICAL DEAL BETWEEN AL-SUDANI AND THE UNITED STATES AIMS TO RESOLVE THREE CONTENTIOUS ISSUES
(Mnt Goat: This is not about getting the RV but about the US support for Al-Sudani. Get it? There is another list for the Reinstatement but it is nice to see that two of these issues below are of the same. This makes it easy for Iraq to meet them.)
An official source in Anbar province revealed on Wednesday a political deal struck between Prime Minister Mohammed Shia al-Sudani and American officials during his participation in the Sharm el-Sheikh summit. The deal stipulates the resolution of a number of sensitive disputed issues in exchange for American support for a second term.
The source told Al-Maalouma news agency, “Al-Sudani met with senior officials in the US administration on the sides of the summit and expressed his willingness to deal with three thorny issues, including:
1.dissolving the Popular Mobilization Forces, ending the role of resistance factions, and easing relations with Iran,
2.in addition to recognizing and supporting the two-state solution plan that includes recognizing Israel alongside Palestine.”
3.He added that “Al-Sudani made pledges to facilitate the entry of American companies to invest in Iraqi oil and gas fields, and to provide them with full security protection projects during the implementation of across all governorates.” Folks this is all about the Oil and Gas Law (or HCL).
The source indicated that “Al-Sudani expressed his willingness to make extensive concessions on a number of internal and regional issues, as part of his quest to obtain direct American support to renew his government term,” stressing that “this political offer was made in exchange for remaining in power.”
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IRAQ’S COORDINATION FRAMEWORK HAS LIMITED OPTIONS IN DISARMING FACTIONS
Tensions between Baghdad and Washington have been growing more strained in recent days, particularly after the telephone talks between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio, who urged Iraq to disarm Iran-backed militias.
US President Donald Trump also sprung a surprise with the appointment of Iraqi-American businessman Mark Savaya as his special envoy to Iraq.
During their telephone call earlier this week, Rubio “highlighted the urgency in disarming Iran-backed militias that undermine Iraq’s sovereignty, threaten the lives and businesses of Americans and Iraqis, and pilfer Iraqi resources for Iran,” said the State Department.
“The Secretary reiterated the US commitment to working closely with Iraqi partners to advance our shared interests: safeguarding Iraqi sovereignty, bolstering regional stability, and strengthening our economic ties,” it added.
The talks have put the ruling Iran-backed Coordination Framework coalition in Iraq in a tight spot. Sources from the coalition said it met on Wednesday night to discuss the latest American position on Iraq. Rubio’s disarmament call sparked outrage in the coalition, which brings together Iraq’s most prominent Iran-backed Shiite political forces.
The meeting tackled the telephone call, as well as the framework agreement on the withdrawal of US troops from Iraq, said an informed source, according to local media. It also discussed security pledges between Baghdad and Washington.
These developments took place as debate is growing in Iraq about the future of relations with US, especially in wake of Savaya’s appointment, which observers interpreted as a shift in Washington’s policy towards Baghdad after years of “inaction”.
The Coordination Framework did not issue a statement after the meeting, but informed sources told Asharq Al-Awsat that its leaders have very limited options at their disposal when it comes to disarming the militias. Calculations related to the November 11 parliamentary elections have also taken precedence over this issue.
Iraq’s highest Shiite authority Ali al-Sistani had in June called for state monopoly over arms, warning that the circumstances that have prevailed in wake of the Iran-Israel war are “very dangerous”.
‘Conspiracies’
Former Prime Minister and head of the State of Law Coalition of the Coordination Framework Nouri al-Maliki, meanwhile, warned of “conspiracies against the political process in Iraq.” Speaking at an electoral gathering in Karbala, he described the upcoming polls as a “national and constitutional duty that must not be obstructed.”
“Parliament is the spirit of the state through which democracy is built and governments are formed,” he added.
He spoke of “threats targeting its national unity and elections,” saying they were part of a “broader plot targeting the Iraqi state and its democratic system.”
Former MP Haider al-Mulla told Asharq Al-Awsat that Hamas’s October 2023 attack against Israel marked a turning point in the region, as well as the “phase of relations between Shiite powers and the US and the beginning of a new phase between Washington and some Sunni forces in the region.” He predicted that “these changes will be capped with changes in Syria and collapse of the Iranian axis,” noting that Trump’s appointment of a new envoy is evidence of the new phase.
Iraq will feel the negative and positive repercussions of the changes in Syria and Iran, he remarked, stressing that the disarmament of militias is now “inevitable after the reasons for carrying weapons no longer exist.”
Media professor Ghaleb al-Daami told Asharq Al-Awsat that the latest American statements have put the Iraqi government “on the spot”, especially since its stances appear to be different than Washington’s. “The problem doesn’t lie with the government itself, but with its ties to the Coordination Framework, whose options are becoming more limited. The US is no longer willing to give it room to maneuver,” he said. Politician Abbas Abboud said relations between Baghdad and Washington are “facing their greatest test since 2003.”
Savaya’s appointment is a sign that the American administration “is no longer on side with the parties that were handling communication” with Iraq, he noted.
The Coordination Framework, for its part, does not have a united stance towards Washington in that it does not want to spark a crisis with it, while at the same time, it cannot abandon its regional commitments.
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THE IRAQI ECONOMY BETWEEN THE CHALLENGES OF RECESSION AND OPPORTUNITIES FOR ECONOMIC REFORM
Economist Manar Al-Obaidi confirmed on Thursday that the decline in inflation in Iraq may reflect an economic recession or be the result of economic reforms.
Al-Obaidi said in a Facebook post followed by (IQ): “The monthly inflation rate in Iraq rises by 0.1%, while the annual inflation rate falls by 0.3%.”
He added: “The goods that witnessed a decline in monthly and annual inflation rates are: food and beverages, clothing and shoes, home appliances, communications, restaurants and hotels, entertainment and culture”.
Al-Obaidi pointed out that “the decline in prices is a positive factor for the citizen, but its impact on the economy in general must be taken into account, as the decline in inflation may mean, in one of its reasons, that the supply of goods is greater than demand, which indicates a decline in the market and a decline in the culture of consumption.”
He continued: “It is necessary to link inflation rates to economic measurement rates, which are GDP growth, the number of new and newly created jobs, the unemployment rate, the number of registered companies, and the number of companies that have ceased operations.”
He concluded by saying: “Reading this data gives a clearer picture of whether this decline in inflation rates is the result of a recession that the Iraqi economy is suffering from, or whether it is the result of economic reforms”.
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EXCLUSIVE: THE US STATE DEPARTMENT OUTLINES TRUMP’S STRATEGY TOWARD IRAQ.
The US State Department outlined the Trump administration’s strategy toward Iraq on Friday, emphasizing that the United States prioritizes “trade over conflict.”
The ministry’s clarification came in an exclusive comment to Shafaq News Agency regarding how the US administration interpreted the letter of thanks recently sent by President Donald Trump to the President of the Kurdistan Region, Nechirvan Barzani, in which he praised his efforts in supporting “peacebuilding” and “ending regional conflicts.”
Last Wednesday, US President Donald Trump expressed his thanks and appreciation to Kurdistan Region President Nechirvan Barzani for his efforts to promote peace and peaceful coexistence, and his endeavors to end conflicts in the Middle East.
In this regard, a State Department spokesperson told Shafaq News Agency, “President Trump has prioritized trade over conflict,” noting that Washington “actively supports the growing interest of American companies in the Iraqi market.”
According to the spokesperson, these companies “will bring advanced technology, increased revenue, and improved customer service to Iraq,” as Iraq focuses on improving internal security and transparency. He reiterated the United States’ commitment to “partners across Iraq working to build a truly sovereign, stable, and prosperous state.”
He emphasized that the bilateral partnership aims to “protect Iraq’s sovereignty, enhance regional stability, and strengthen economic relations,” adding that this is “in line with the Strategic Framework Agreement between the United States and Iraq.”
The spokesman concluded by saying that this agreement includes cooperation on key issues such as “Iraq’s energy independence from Iran, the commercial investment climate, private sector and banking reforms, in addition to cultural preservation, educational opportunities, security, and defense.”
In his letter to Nechirvan Barzani, President Trump emphasized the importance of “overcoming old rivalries” for “a shared future of peace, success, and progress.”
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DETAILS OF THE LARGEST OIL DEALS IN IRAQ.. BAGHDAD SEEKS TO PRODUCE 8 MILLION BARRELS PER DAY
Iraq’s largest oil deals achieved a qualitative leap during the first nine months of 2025, after signing a series of strategic agreements and deals with major international companies to boost production and develop the oil sector’s infrastructure.
According to a recent economic survey, these moves were directly reflected in Baghdad’s plans to increase its export capacity and achieve an advanced position in global markets.
Iraq has concluded a series of huge contracts with British, American and Chinese companies, including the development of giant fields, investments in petrochemicals, pipeline projects, in addition to artificial intelligence and robotics technologies.
The largest oil deals in Iraq in 9 months indicate that Baghdad sets the goal of reaching production exceeding 8 million barrels per day in the coming years, as part of an integrated strategy aimed at diversifying sources of income and enhancing foreign direct investments.
Through these agreements, Iraq has consolidated its position on the list of the largest oil deals in the region and the world, proving that Baghdad is on a clear path towards regaining its position as a major player in global energy markets.
Developing oil reserves – January 2025
At the forefront of the largest oil deals in Iraq in January 2025 came a deal with the British company BP to develop reserves estimated at more than 9 billion barrels, with the aim of raising Iraq’s production to 8 million barrels per day within 3 years.
Under the agreement, the Iraqi Ministry of Oil is working with BP to redevelop the Kirkuk field and neighboring fields, as part of a preliminary agreement dating back to August 2024, which represents a major step among the largest oil deals in Iraq in the recent period.
The project also aims to refer the rehabilitation and development operations of 4 fields belonging to the North Oil Company to the British company, while adopting the latest technical methods, to reach the best production rates of oil and gas.
Two agreements with two American companies – February 2025
The list of the largest oil deals in Iraq was strengthened by the signing of two agreements with the American company Halliburton in February to develop the Nahr Bin Omar and Sinbad fields in Basra, in a move aimed at increasing production and achieving greater efficiency in investing national resources.
Under the agreements, Halliburton will begin field and evaluation studies of the two fields, while developing production plans that will raise the Nahr Bin Omar field from 45,000 barrels per day to 300,000 barrels per day, consolidating its role among the largest oil deals in Iraq.
The plans also include investing in associated gas and employing the latest technical and economic models to develop production, which enhances oil revenues and supports Iraq’s economic growth, according to what was reviewed by the specialized energy platform.
Artificial Intelligence Support – February 2025
Artificial intelligence was the hero of one of the largest oil deals in Iraq during February 2025, through an agreement to apply it in the East Baghdad field, with the Chinese company SBS, to develop monitoring technologies and improve the efficiency of oil extraction.
The deal aims to use advanced systems to monitor wells and reduce response time to faults, which enhances the operational performance of the field and reflects Iraq’s trend towards innovation, according to what was followed by the specialized energy platform.
The new system allows data to be integrated and analyzed directly via smartphones, making it easier for engineers to make immediate decisions, and making the East Baghdad field a model for modern technologies in the oil sector.
Development of 4 oil fields – March 2025
Baghdad continued to support the largest oil deals in Iraq, through a contract with the British oil company BP, to develop 4 fields in Kirkuk, adding 150,000 barrels per day to the country’s production capacity.
Under the deal, BP will invest about $25 billion in projects including oil, gas and water, making it one of the largest foreign investments, and dedicating this deal among the largest oil deals in Iraq for the year 2025.
This agreement returns the British company to Iraq after an absence since 2019, constituting a pivotal step in developing giant reserves and increasing production in the long term.
Technology for exploiting robots – March 2025
Baghdad witnessed a prominent deal among the largest oil deals in Iraq, which was the introduction of robots to detect oil pipeline malfunctions, in cooperation with the Chinese company “EBS”, which operates the southern eastern Baghdad field.
According to a statement from the Iraqi Ministry of Oil, the new technology allows for the detection and treatment of rust and leaks, which contributes to extending the life of the pipeline and increasing operating efficiency, making this deal a technical example among the largest oil deals in Iraq.
The plan includes the use of high-quality insulating coatings and the development of comprehensive maintenance programs, which will enhance the level of safety in crude oil transportation operations.
A pipeline to transport Iraqi oil – April 2025
An agreement between the Iraqi Ministry of Oil, the Italian Micobre coalition, and the Turkish Esta to build a pipeline with a design capacity of up to 2.4 million barrels per day came at the forefront of the largest oil deals in Iraq.
Under the contract, the pipeline will be built to increase the flexibility of oil export operations through the ports of Basra, Khor Al-Amaya and the floating platform, as the project is a fundamental pillar of Baghdad’s future plans to enhance the stability of its supplies and increase its oil revenues through modern infrastructure.
Iraq-China deal – May 2025
An important agreement with China occupied a prominent position among Iraq’s largest oil deals, which included a comprehensive agreement to develop the Touba field, establish a refinery and petrochemical plant, and thermal and solar power plants.
The deal aims to raise the field’s production to 100,000 barrels per day, in addition to establishing a refinery with a capacity of 200,000 barrels, along with petrochemical and fertilizer projects, to enhance industrial and economic integration, while supporting the country’s electricity sector.
Hamrin Field Development – July 2025
An agreement with the American company HKN to develop the Hamrin field entered the list of the largest oil deals in Iraq during the first 9 months of this year.
The deal, the details of which were reviewed by the specialized energy platform, aimed to increase the production of the Iraqi Hamrin field to 60,000 barrels per day, in addition to investing in associated gas.
Through this deal, Baghdad seeks to enhance its current production, amounting to 20 to 25 thousand barrels per day, so that the Hamrin field becomes an important pillar in the plans for the largest oil deals in Iraq.
The agreement also aims to support the local electricity sector through gas exploitation, enhancing integration between the oil and energy sectors.
Increased production of 7 fields – September 2025
Baghdad concluded the list of the largest oil deals in Iraq during the first 9 months of 2025, with a contract to secure the seawater network to support reservoir pressure and increase the production of 7 giant fields.
Under the deal, which Basra Oil Company signed with China’s CBB, a 950-kilometre network is scheduled to be built, making it one of the largest strategic projects among the largest oil deals in Iraq.
The plan aims to sustain the production of giant fields such as Rumaila, Zubair, West Qurna and Majnoon, in addition to supporting the Maysan and Dhi Qar fields, thus consolidating Iraq’s position in energy markets.
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THE 2026 BUDGET IS ON THE BACK FOOT: CONCERNS ABOUT ITS ENACTMENT AND QUESTIONS ABOUT THE 2025 SCHEDULES.
Despite the government’s failure to submit its 2025 budget schedules to the House of Representatives, resulting in the suspension of funding for a large number of projects and the disruption of employee bonuses and promotions, the government began preparing the 2026 budget at a time that observers described as late and pointless.
The Prime Minister’s financial advisor, Mazhar Mohammed Saleh, confirmed that the Ministry of Finance has begun preparing the 2026 budget, while determining the disbursement mechanism in the event that the budget cannot be approved.
Saleh said, “There are two hypothetical scenarios for the 2026 budget.”
He added, “The first scenario indicates a continuation of the expansionary approach to public spending,” assuming the price of oil remains stable at $70 per barrel, which remains subject to unstable market and international political balances, making this scenario fraught with risks.”
He explained that the second scenario, based on a price of $60 per barrel, represents a more conservative and realistic option, consistent with fiscal consolidation policies and the promotion of sustainability.
Saleh stressed the importance of diversifying revenue sources and activating non-oil sectors as the cornerstone for narrowing the deficit gap and ensuring long-term financial balance, while maintaining the hypothetical deficit ceiling of approximately 64 trillion dinars (about $49 billion) for hedging purposes.
Experts believe that the government’s commencement of preparing the 2026 budget at this time, despite the delay in the 2025 budget schedules, indicates attempts to secure a preliminary draft for the next government, but these efforts are not necessarily linked to actual implementation.
In the dead of time,
parliamentary Finance Committee member Ma’i Al-Kadhimi asserted that “the government’s commencement of preparing the 2026 budget comes at what he described as ‘lost time,’ just 20 days before the election date. The government is expected to become a caretaker government and the current parliament’s term will end, reducing the chances of actually completing the budget project.”
Al-Kadhimi told the Iraq Observer, “Preparing the 2026 budget at this stage does not necessarily mean that the next government will adhere to the submitted draft, as it is likely to make substantial amendments to it after its formation.” He noted that this draft may only constitute a preliminary basis for the new government.
He pointed out that “the 2025 budget, which relied on financial tables to facilitate the issuance of promotions and bonuses to employees, never reached the House of Representatives, causing these entitlements to be delayed despite the Finance Committee’s repeated emphasis on the need not to link them to tables.”
He added, “The Ministry of Finance insisted on not releasing promotions and bonuses until the schedules were completed, which has not happened.”
Al-Kadhimi explained that “the remaining time period does not allow for comprehensive negotiations between the Ministry of Finance and other ministries regarding their needs,” stressing that “time is not sufficient to prepare a comprehensive budget, whether operationally or investment-wise, which makes this project more of a guiding draft for the next government than a budget law ready for implementation.”
The 2025 budget schedules have been delayed, amid warnings from parliamentarians and economic experts that this delay has led to a partial paralysis in the Iraqi market and impacted the flow of financial dues to institutions and the private sector.
This delay comes more than two years after the approval of the three-year budget for the years 2023, 2024, and 2025 on June 12, 2023, which was considered the first of its kind in modern Iraqi history.
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TRUMP’S NEW ENVOY TO IRAQ: A NEW PAGE OF TRUST BETWEEN BAGHDAD AND WASHINGTON
The US Special Envoy to Iraq, Mark Savaya, confirmed today, Friday, that his mission is focused on rebuilding trust and strengthening the strategic partnership between Baghdad and Washington, noting that the relationship between the two countries is going through a delicate stage that requires direct and honest communication that serves the interests of the two peoples.
Savaya is the third US envoy to Iraq since 2003, after Paul Bremer during the period after the fall of the former regime, and Brett McGurk, who took over the mission at the height of the war against ISIS in 2014.
In an interview with Chaldean Press, Savaya said, “The United States does not seek to impose an agenda on Iraq, but rather to support an independent government capable of making its sovereign decisions with complete freedom”.
He added: “My goal is to work with all Iraqi parties –political, religious, and economic– to ensure a stable and prosperous Iraq that can be a true partner of the United States, away from regional conflicts”.
The US envoy pointed out that Iraq possesses enormous human and economic potential, and that investing it properly could make it a regional center for development and stability in the Middle East.
Savaya concluded his speech by saying: “My upcoming visit to Baghdad will be a clear message that Washington is committed to supporting a strong and unified Iraq, and that a new page of cooperation has already begun between the two countries”.
Last Sunday evening, US President Donald Trump announced the appointment of Mark Savaya as special envoy to Iraq, stressing through his Truth Social platform that “Mark’s deep understanding of the relations between Iraq and the United States and his broad connections in the region will contribute to strengthening the interests of the American people”.
Trump noted that Savaya was a prominent figure in his election campaign in Michigan, and contributed to achieving a record number of Muslim Americans voting for him.
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MARK SAVAYA IS COMING TO BAGHDAD WITH A MESSAGE: I WILL MAKE IRAQ GREAT AGAIN.
US Special Envoy to Iraq Mark Savaya affirmed on Friday that his mission focuses on rebuilding trust and strengthening the strategic partnership between Baghdad and Washington, noting that the relationship between the two countries is going through a phase that requires direct and honest communication that serves the interests of both peoples.
Mark Savaya is the third US envoy to Iraq, since Paul Bremer in 2003, and after Brett McGurk during the war against ISIS in 2014.
“The United States does not seek to impose an agenda on Iraq, but rather to support an independent government capable of making its own sovereign decisions,” Savaya said in an interview with Chaldean Press , translated by Shafaq News Agency.
He added, “My goal is to work with all Iraqi parties (political, religious, and economic) to ensure a stable and prosperous Iraq that can be a true partner to the United States, free from regional conflicts.”
According to the US envoy, Iraq possesses enormous human and economic potential, and if properly invested, it will become a regional hub for development and stability in the Middle East.
Savaya concluded his remarks by saying, “My upcoming visit to Baghdad will be a clear message that Washington is committed to supporting a strong and unified Iraq, and that a new page of cooperation has already begun between the two countries.”
Last Sunday evening, US President Donald Trump appointed Mark Savaya as special envoy to Iraq.
Trump wrote on his Truth Social platform, which was followed by Shafaq News Agency, that “Mark’s deep understanding of the relationship between Iraq and the United States, and his extensive connections in the region, will contribute to advancing the interests of the American people.”
He explained that Savaya was a “prominent figure” in Trump’s campaign in Michigan and contributed to a record number of Muslim American voters.
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AL-SUDANI: THE GOVERNMENT HAS ACHIEVED AN ECONOMIC TRANSFORMATION, WITH INTERNATIONAL ACCOLADES, IN LESS THAN THREE YEARS.
Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that the Iraqi government has achieved a real economic transformation in less than three years, as attested by international institutions. He noted that the results of the reforms adopted will become clear in the coming years.
During his reception of sheikhs and dignitaries of the Al-Izirj clan in Baghdad, according to a statement from his media office, Al-Sudani said, “The results of the sixth parliamentary elections will either establish stability that preserves what has been achieved during this period, or lead to regression and squandering of the achievements.” He pointed out that “there are those who practice lying, deception, and distortion in an attempt to influence the achievements made and confuse the scene.”
He continued, “Our government came into office during difficult circumstances, and from the first day of its term, it began addressing citizens’ needs and priorities.” He noted that “the government took an important step in appointing graduates and securing permanent contracts and lecturers.”
He pointed out that “the services file was a priority in our work through service efforts, completing stalled and suspended projects, and launching new projects in Baghdad and the governorates.” He added, “The ballot boxes will determine how the country will be run for the next four years, and voters must carefully choose who will represent them in the House of Representatives.”
He pointed out that “we have preserved Iraq’s security and stability, avoiding any emotional stances, while maintaining our principled position in support of the Palestinian cause.”
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US ENVOY SAVAYA: IRAQ IS IMPROVING DAY BY DAY AND THERE ARE NO LIMITS TO ITS CAPABILITIES
US President Mark Savaya’s envoy sent a message to Iraq.
“I want to make Iraq great again,” Savaya told the Chaldean Press.
He pointed out that he would like to “achieve peace and stability in the country by building strong bridges with the United States”, explaining that “Iraq is improving day by day, without limits to its capabilities”.
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AL-KARAWI: WTO MEMBERSHIP WILL GRANT IRAQ BROAD ECONOMIC AND TRADE PRIVILEGES.
The Director General of the General Company for Grain Trade at the Ministry of Trade, Haider Nouri Al-Karawi, confirmed on Sunday that Iraq has completed the vast majority of its World Trade Organization accession files and is close to completing the remaining files after nearly twenty years of efforts. He pointed out that membership will grant the country extensive economic and trade privileges, contribute to reducing customs duties, and attract international companies to invest in the Iraqi market.
Al-Karawi told Al-Iraqiya News, as reported by the Iraqi News Agency (INA), that “the process of joining the World Trade Organization requires a long period of time, and Iraq began working on this file in 2003 under the direct supervision of the Department of Foreign Economic Relations and the Minister of Trade.”
He added, “Iraq has completed the vast majority of the required files and is currently completing the final stages in preparation for formal membership in the organization,” noting that “some countries have taken more than twenty years to complete this process, so the period of time required by Iraq is no exception.”
Al-Karawi explained that “Iraq’s accession to the organization will grant it significant economic and trade privileges, most notably the protection of the rights of domestic and imported products, and the provision of joint mechanisms to facilitate trade, tax, and customs exchange with member states, which will positively impact the reduction of customs duties and the facilitation of import and export operations.”
He pointed out that “membership will help attract international companies by ensuring the protection of their products from counterfeiting and encouraging them to invest in the Iraqi market. It will also have a positive impact on lowering prices for consumers by strengthening legitimate competition and regulating markets.”
Al-Karawi explained that “Iraq is committed to implementing more than fifteen technical and legislative files as part of the accession requirements, including the file on product protection and global trademarks, which ensures that no party will imitate or market products similar to those of international companies.”
He added, “Completing these commitments gives foreign companies confidence in entering the Iraqi market.”
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RAISE YOUR HANDS IN PRAYER FOR AL-SUDANI’S SECOND TERM
(Mnt Goat: Like the 2024 elections for the U.S. the Iraqi elections too are the most important elections in post Saddam Hussein era. We better all pray that Al-Sudani gets a second term and not some Iranian backed nut case. But I don’t believe this will happen as the U.S. is watching this election very closely.)
Only fourteen days separate us from the date of the most important legislative elections in the post-dictatorship era. Fourteen days, Iraqis will head to the ballot boxes to make the most important decision in their lives and the future of their children. Fourteen days, history will record that Iraqis have chosen a bright and better future and tomorrow. Fourteen days, history will record in letters of light that the builder of the new Iraqi renaissance, Mohammed Shia Al-Sudani, will move Iraq forward to a free homeland and a happy people.
Whoever wants to continue the wheel of construction, development and reconstruction, and to distance Iraq from regional tensions and the specter of war, and to restrict weapons to the state, and to preserve Iraq’s sovereignty, security and stability, let him make the election day a glorious day and a historic day for the coup against corruption, failure and hateful quotas.
Let the slogan of the entire Iraqi people be “Iraq First”, for no interest is higher than the interest of the Iraqi people in a free and dignified life and a happy people, and no construction, development and reconstruction can take place without the builder of the new Iraqi renaissance, Mohammed Shia Al-Sudani. So, raise your hands, O Iraqis, in supplication to God Almighty to grant you victory on November 11th.
A supporter brings you a second term, to put Iraq back on the path of progress and prosperity, all say yes to the builder of the renaissance of the new Iraq, Mohammed Shia al-Sudani, and the faithful guardian of its security and stability and keeping it away from the specter of war. In conclusion, I say (O God, support your faithful servant and the son of your servant, Mohammed Shia al-Sudani, with a divine and supportive victory that puts Iraq and its people on the path of construction, reconstruction, development and security, and brings the second term with an easier and faster effort than the haters and the resentful can imagine.
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AL-SARRAJ: THE COORDINATION FRAMEWORK IS THE ONE THAT DETERMINES THE NEXT PRIME MINISTER.
(Mnt Goat: Really? Hold on to your horses….not so fast…this process may all change in the Nov 2025 election cycle. Read the next article for the reason why. Trump, like Sadar wants the people’s voice to be the deciding factor in the elections. Will he get his wish?)
Political analyst Ibrahim Al-Sarraj said on Monday that the premiership for the next phase will be determined by the parties forming the Coordination Framework, and will not depend on the number of parliamentary seats won by each candidate or leader.
Al-Sarraj told Al-Maalouma, “The Coordination Framework refuses for Al-Sudani to be in power for a second term, even if he wins a majority of parliamentary seats in the next phase.”
He added, “The Coordination Framework has a political tradition that does not depend on the number of parliamentary seats in granting the premiership, but rather on consensus between the political parties, which is something that has been worked on in the past parliamentary sessions.”
He explained that “the premiership for the next phase will be determined exclusively by the parties forming the Coordination Framework, as it does not depend on the number of seats, but rather on the state of acceptance within the framework.”
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THE “LARGEST BLOC” NO LONGER MATTERS: THE TRUMP ADMINISTRATION SETS POST-ELECTION RULES
For the first time, the US begins to separate Iraq from the Iranian issue.
In the final days leading up to the Iraqi elections, scheduled to take place in 15 days, Tehran is attempting to retest the loyalty of its allies within the country, amid indications that the upcoming elections may produce a different political equation, one that favors a shift away from Iranian influence.
Political analysts indicate that an unprecedented international development is beginning to take shape, represented by the United States’ efforts to separate the Iraqi issue from the Iranian one. This trend is being witnessed for the first time in the past fifteen years, as part of the trajectory of American policy toward both Baghdad and Tehran.
Over the past week, political movements have been recorded in Baghdad on the Iranian and American fronts, reflecting what can be considered a state of “tug of war” between the two parties, as the elections scheduled for November 11th approach.
Who is controlling the factions?
Political circles describe what is currently happening as a “political rush” toward Washington by most parties, including wings within the “Coordination Framework” and even the “factions.”
Independent politician Mithal Al-Alusi says that everyone is “sending messages to America that they are the only ones capable of controlling the situation in the next phase after the elections.” He added to Al-Mada that “the administration of US President Donald Trump differs from previous administrations. It will not accept any group linked to Iran, and will not tolerate evasions.”
(See the next article below for the complete post-election rules from Trump. What do they mean?)
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AL-DULAIMI: TRUMP’S ENVOY DEMANDED CONTROL OF SEVEN SOVEREIGN MINISTRIES IN THE NEXT GOVERNMENT. INCLUDING THE CENTRAL BANK!!!
Abdul Sattar Mohammed al-Dulaimi, a member of the Azm Alliance, confirmed on Monday that US Special Envoy to Trump, Mark Savia, informed senior officials in the political process of the necessity of not interfering in the selection of senior positions and seven sovereign ministries.
Al-Dulaimi said in a statement to Al-Maalouma Agency, “The US envoy stressed that the selection of the presidency, the prime minister, and the speaker of the parliament, in addition to the ministries of interior, defense, finance, oil, and the central bank, will be subject to the American vision, without allowing the elected government to interfere in the files of these positions due to their sensitivity, according to what Savia informed him.”
He added that “the United States expressed its welcome for cooperation with Sunni and Shiite figures and from various components within the framework of forming an Iraqi government with American privilege,” noting that “senior officials received threats that corruption files concerning them would be exposed and their assets outside the country would be confiscated if they did not adhere to the American approach.”
Al-Dulaimi confirmed that “Safia is currently working to implement Trump’s plan in Iraq, which aims to impose complete control over political decisions.”
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