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:
June 9, 2026 Mnt Goat News Brief
Guten Tag everyone:
The last of the ministers for Zaidi’s cabinet is still not appointed and official. We are told a special session will be held next week for this effort. There is some ‘fantastic’ news today, no not the RV, but we are heading in that direction very quickly.
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 $15-$20 dollars a month or whatever you can afford. Do you realize I write up to 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. You do want to get paid for your job, don’t you? What makes my job any different? Tell me….. I am tired of this RV saga just as you are.
Let’s all try to chip in!
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Romans 6:22
But now having been freed from sin and enslaved to God, you derive your benefit, resulting in sanctification, and the outcome, eternal life.
STATUS OF THE RV
I want to thank everyone for the recent support. Please keep it real as this is helping.
So, let’s take a peek at the news for this period. There is a lot of articles to go through today but I grouped them together per main topics. You can get the idea of what is going on by quickly reading my review and then poking around some the article I presented.
The news today is all about two main topics including the disarming of the Iranian backed factions/PMF and the printing of more dinars by the CBI. Will we soon see the factions disarmed? What will happen to a couple of the groups that refuse to disarm? How soon will it be before we can count on the factions as being finally neutralized and Trump can them begin working his magic with the investors in Iraq? Zaidi is definitely continuing the work of al-Sudani.
How much longer will it be then that we can check off yet another one of the five main issues demanded by the US for Iraq to tackle and complete. See the list here in my September 16, 2026 Newsletter.
I also just wanted to mention that we may see the HCL (or also called the Oil and Gas Law) is on the near horizon as it will soon be taken up in parliament when the next session starts. It is of a high priority and we are told it will be one of the first pieces of legislature taken up.
This could mean that we may be checking off two, yes two on the list of five very soon. What is left? WOW! WOW! WOW! How many are left then? These two about the HCL and the Factions are the two biggies and we thought would take the longest.
😊 Here is the article titled “PARLIAMENTARY DEFENSE COMMITTEE: FOUR IMPORTANT LAWS ON THE PARLIAMENTARY AGENDA AFTER THE RECESS.” The Parliamentary Security and Defense Committee confirmed on Thursday that four important laws will be discussed and undergo their first and second readings after the end of the parliamentary recess, after July 1st.” You see, many of you want to paint a picture of hopelessness in this investment and try to discourage others. Is the glass half full or half empty? I keep telling you that things can change suddenly as we only get part of the news. The actual reality is normally much farther ahead of the news we get.
If you want to get a nice update on the five (5) main issues concerning Iraq please take a look at the October 7, 2026 Newsletter were I give an update, then include today’s news and you are current. Folks, we are almost there. WOW! No, it did not take years to here either…. 😊
I also want to turn the clock back and bring your attention to the September 11, 2026 Newsletter. See how good all the news was back then? Well…. its even better today since the election cycle is over, Iraq has a decent prime minister in place and Iraq decided to move along the path suggested by the U.S. president Donald Trump. Remember Trump is a business man and he knows about attracting investors and making money. What he touches normally turns to GOLD. Is this not what Iraq needs? If you read the news today there is also one other article that catches my eye. It is a ‘coordinated’ plan to boost the non-oil revenue from the oil-based rentier economy.
Yes, there is now a plan similar to the ‘White Paper’ (for banking, stock market and insurance reforms.) This time it’s about the economy. They told us in a previous article they wanted a 45% rise of revenues to be non-oil based. They just set a standard. Where did they get this percentage from? They are already at 10%. So how do they plan to do this? In this following article we get a peek at their strategy. Yes, the customs and tariffs are going to play a major part but there is more. There is the Development Road Project to supplement the customs and tariffs. There are the Industrial Cities too, don’t forget all this stuff has not yet matured under al-Sudani. Also the incoming Trump investors will want SECURITY and STABILITY. Wait and watch what happens.
See today’s article titled “EXPERTS LAY OUT A ROADMAP FOR LEAVING THE RENTIER ECONOMY.”
Come’ on folks! We all have been reading about this rentier economy for over a decade and how it had to change to get the reinstatement. Could the news get any better today except for having the RV. This is a roadmap to the RV. Get it? By adopting a long-term economic vision is an imperative for Iraq to transition from a rentier economy entirely dependent on oil to a diversified and sustainable productive economy. I can remember telling my readers it will take a ‘change in mindset’ to actually pull this off. Now we actually see the same words in today’s article. WOW! Some body in Iraq is reading my Newsletters again…lol..lol..lol.. 😊 I quote from the article:
“Changing the way of thinking”
“Amer Issa Al-Jawahri, a consultant in development and investment, believes that “real economic reform does not begin with changing faces, but with changing the way of thinking,” indicating the government’s seriousness in carrying out radical reforms that will lift the country’s economy from total dependence on oil to diversifying resources.”
Here is another article on this same subject. It is titled “A KURDISH DELEGATION VISITS BAGHDAD TO DISCUSS REVENUES AND THE ASYCUDA SYSTEM.” Local media reported that a delegation from the Kurdistan Regional Government is scheduled to visit the capital, Baghdad, on Sunday. Those media outlets, which were monitored by Al-Sa’a Network, stated that “the delegation will discuss the internal revenue file during the visit, in addition to the (ASYCUDA) system adopted at the border crossings.”
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There are numerous other articles on both of today’s key topics and so I will review them for you now.
Again, we see the gutless drifter, wimp of a man, Nouri al-Maliki who recently came forward to talk about the ongoing efforts to control the factions within Iraq. Seems he blows with the wind. He has no values or morals of any real substance. He is just a ‘bad’ person. Oh…. it seems now he has done a 180-degree flip on his stance on dealing with the factions in Iraq. Go figure!
Didn’t he tell us just six months ago, when he received his nomination from the Coordination Framework for the prime minister, that he was supportive of the PMF and especially the factions. He was insistent they remained part of the state. He will say anything and everything necessary to regain his power.
So, what has changed? Why now he has supposedly changed his mind. I will tell you what has changed. He is a loser in a big way in the elections cycle. He is trying now to blend-in since the Iranians are losing influence fast and yes, the tide is changing fast and this following set of articles show it very clearly.
No, it seems we will NOT have to wait years for this erasing of a bad idea by the Iraqi’s to have these Iranian militias in their country. What the hell were they thinking? Personally, I don’t believe even they know just how bad of an idea it was in 2017 to allow them to stay after ISIS, better yet even put them on the payroll. I will freely admit that a decade ago I too was skeptical how they could resolve this issue but was sure for one thing in that they had to resolve this issue one way or the other or we would not be seeing the RV or Reinstatement no matter how many other reforms they did.
😊 Here is one of the articles is titled “FORMER PM AL-MALIKI BACKS IRAQ’S ARMS CONSOLIDATION PLAN”. In it we read that former Iraqi Prime Minister and head of the State of Law Coalition (SLC) Nouri al-Maliki hailed efforts to place weapons under state control during a meeting on Sunday with US Chargé d’Affaires to Iraq Joshua Harris.
😊 Here is other news about these factions titled “AL-ZAYDI IS PERSONALLY NEGOTIATING WITH THE FACTIONS FOR DISARMAMENT… FUAD HUSSEIN CALLS FOR REVEALING THE PLAN AND GAINING THE WORLD’S TRUST.”
Foreign Minister Fuad Hussein called for the disclosure of a plan to restrict weapons to the state, in order to gain trust both within Iraq and from relevant regional parties. In an interview with journalist Hisham Ali, which was broadcast on 964 Network , Hussein revealed that Prime Minister Ali al-Zubaidi is personally leading the negotiations with the factions regarding the issue of restricting weapons to the state. He confirmed that the Prime Minister’s first foreign trip will be to the United States, adding, “We hope this visit will take place at the beginning of next month.”
Hussein explained that the biggest problem facing Iraq at the moment is the financial and economic file, noting that “the continued closure of the Strait of Hormuz will put Iraq in great difficulty in paying the salaries of employees during the next month.”
Hussein said, “The factions now have political parties, wings, and members in parliament. Some have participated in the government, and others want to participate. So the question here is: if you are part of the government or want to participate in the government, how can you carry weapons outside the scope of the state?”
To me there is lots to clean out in the government to be had as the Iranians had seeded themselves deeply into the government, just as these crooks did in the U.S. government politics too. We can see them and we know who they are.
The next article titled “TRUMP’S PARTY WELCOMES AL-ZAIDI’S MOVEMENT TO DISARM IRAQI FACTIONS”. The US Republican Party, represented by President Donald Trump, welcomed on Thursday the decisions announced by Iraqi Prime Minister Ali al-Zaidi regarding restricting weapons to the state, considering them an important step in the path of strengthening Iraq’s sovereignty and consolidating the authority of its constitutional institutions. Of course Trump does, he requesting (demanded) it. 😊
Another article also titled “MIDDLE EAST: WHAT AWAITS IRAQI FACTIONS UNDER THE TUTELAGE OF “AMERICA’S MAN FOR DIRTY WORK”? The Middle East Monitor network revealed on Wednesday (June 3, 2026) a “major shift” in US policy towards Iraq, declaring that the partnership between the two countries has “effectively ended” and has turned into a “policy of axes”. The network said in a report published and translated by “Baghdad Today” that “Tom Barrack has the title of ‘dirty work man’ within the corridors of the White House, and he is one of the few figures capable of convincing US President Donald Trump to take on the task of dismantling complex files.”
Yet another article “IRAQI PM PROPOSES US-BACKED INVESTMENT PLAN LINKED TO WEAPONS CONTROL.” Iraqi Prime Minister Ali al-Zaidi has proposed a plan to the United States that would link the expansion of US-led service and investment projects in Iraq to efforts to restrict weapons to state control and facilitate the disarmament of armed factions, a political source told Shafaq News on Tuesday.
Yet here we go again…titled “ARMED FORCES: WE HAVE BEGUN DISARMING AND RESTRUCTURING THE POPULAR MOBILIZATION FORCES FIGHTERS.” The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Nu’man, confirmed on Wednesday (June 3, 2026) that the committee formed under the direction of the Commander-in-Chief of the Armed Forces has begun its work to restrict weapons to the state, indicating that disengagement from the Popular Mobilization Forces includes restructuring the formations and guaranteeing the rights of the affiliates.
Here’s another one titled “WEAPONS CONTROL IS BECOMING A REALITY.”
The issue of restricting weapons to the state has taken center stage in the political and security scene, following a series of successive initiatives that began with Mr. Muqtada al-Sadr’s announcement of the disassociation of the Peace Brigades and their direct linkage to the Commander-in-Chief of the Armed Forces, in a step that was considered to be opening the way for other factions to engage in the state project.
And one more titled “US PRAISES THE COORDINATION FRAMEWORK’S STANCE SUPPORTING THE RESTRICTION OF WEAPONS AND THE DISENGAGEMENT FROM THE POPULAR MOBILIZATION FORCES.” The acting US ambassador to Baghdad, Joshua Harris, praised the position of the coordinating framework supporting the state’s monopoly on weapons and severing any ties of the Popular Mobilization Forces outside the official defense system. The praise came during a meeting he had with National Security Advisor Qasim al-Araji, where they discussed the overall regional and international situation, the latest developments in the region, and the course of cooperation and partnership between Iraq and the United States.
Why has the tided turned too on the Coordination Framework when it comes to disarming the factions? Didn’t they also make a stance and support the factions during the election along with Nouri al-Maliki? But when the essentially lose things change. I don’t believe they will be the majority block four years from now. I certainly hope the citizens have learned their lesson.
Yes, you read it right there are eight articles on the topic of dealing with the PMF and Factions. Do you think they finally conceded to doing it? To me anyhow it does not seem that it will take long at all to resolve this issue once they determine to do it.
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Okay, so you are bored already with hearing about this PMF/ Factions issue? Let’s move on to yet another hot topic in need of review. It is the printing of more dinars that was recently in the news. So, did or didn’t the CBI print more dinars? Let first take a look at some recent articles on this subject matter and then we will learn more from the CBI on what actually did happen. First let’s address why do we NOT want more dinars printed?
We should know by now that printing more hard currency is inflationary. The higher the mass of currency the lower value for each note. Common sense,… 😊 right? As investors watching for the dinar to revalue, we don’t want inflationary measures as the IMF is watching Iraq closely and they must be able to keep inflation low to more or less 2%. So far so good. Another reason for NOT wanting more dinars is that the CBI is making an effort to reduce, NOT increase the monetary mass. They are doing this as just one of many measures that will coincide with the Project to Delete the Zeros and the coming digital dinar. They have been priming the proverbial the pump for the main event. They have been getting Iraq ready for that final choo-choo ride.
Here are many articles on this subject matter of printing more dinars. I personally am not paying much attention to them as this information is not correct and is mostly propaganda. The news media is spreading rumors. When the CBI talks, I listen!
Here are the articles:
“THE BANK DIDN’T ANNOUNCE IT”: HUSSEIN REVEALS THE PRINTING OF 25 TRILLION IRAQI DINARS AND WARNS OF A CATASTROPHE.”
“AFTER BAGHDAD PRINTED MANY DINARS… FUAD HUSSEIN: WE NEED FINANCIAL ASSISTANCE FROM THE GULF.”
“AFTER PRINTING 25 TRILLION DINARS PARLIAMENTARY FINANCE COMMITTEE: THE GOVERNMENT WILL COVER THE DEFICIT THROUGH DOMESTIC AND FOREIGN BORROWING.”
Iraqi Foreign Minister Fuad Hussein revealed on Saturday that the government has resorted to printing 25 trillion dinars to address the financial crisis, warning that the continuation of the current situation could lead to a “financial catastrophe” in the country, given the decline in revenues related to oil exports. This is simply FALSE per my CBI contact.
“THE CENTRAL BANK CLARIFIES REGARDING PRINTING MONEY: IT LEADS TO INFLATION AND ERODES THE CURRENCY’S VALUE AND IS PROHIBITED UNDER THE BANK’S LAW.”
A statement from the bank indicated that, “In light of the discussions surrounding the issue of printing currency and financing public expenditures, the Central Bank of Iraq wishes to clarify the following:
First, there is a fundamental and important difference between ‘discounting treasury bills’ and ‘printing currency’ on both technical and economic levels. Discounting bills provides temporary liquidity against an existing government debt instrument, which is repaid upon maturity. This is an internationally recognized financial mechanism practiced by major central banks with strict adherence to maturity dates. ‘Printing currency,’ on the other hand, is the issuance of new money without backing, which is injected directly into the economy. This leads to direct inflation and erosion of the currency’s value. Furthermore, it is not repaid and represents a permanent monetary burden. This is strictly prohibited under the Central Bank of Iraq Law No. (56) of 2004. Therefore, the simplistic description of the current operations as ‘printing currency’ does not reflect their true technical and financial
This next article really closes any ideas that the CBI printed yet more dinars to help pay for the recent debt.
Then this article pops out titled “CBI DENIES PRINTING MONEY TO COMBAT FINANCIAL CRISIS”
The Central Bank of Iraq said Sunday that “describing treasury bill discount operations as printing money is inaccurate,” stressing that such measures are temporary liquidity tools backed by government debt and differ fundamentally from issuing new currency.
DUBAI, United Arab Emirates – The Central Bank of Iraq (CBI) on Sunday denied claims that it had printed money to combat the current financial crisis, clarifying that it instead used treasury bill discounts as a liquidity tool, a day after Foreign Minister Fuad Hussein said Iraq boosted its financial capacity by around 25 trillion dinars.
In a statement, the bank said treasury bill discounts provide temporary liquidity against existing government debt instruments and are repaid upon maturity, adding that “describing treasury bill discount operations as printing money is inaccurate.”
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SUMMARY
So, the proverbial train is moving fast down the tracks again….choo-choo. I hope this Newsletter today helped you gain some insight on the timing of the currency reform and the status of these five main issues. When we read articles sometimes we must read through them and consult our memories as to what we already know. For instance, the topic of the printing of more dinars. Did the CBI actually print more dinars? In the news article the CBI denies printing them and so where did all these rumors come from? Was it all to discourage us investors? Why else would they print these lies. Yes, they are lies and responsible media should have contacted the CBI to clarify first before publishing their stories. Sounds like Iraq has a media issue to. Yes, FAKE news there too.
As we go forward let’s watch this new plan to increase non-oil revenues to 45%. This is going to be BIG, really BIG! They are committing to it and will actually do it. This along with resolving these 5 other key issues is the recipe for the RV. I am told this by my CBI contact and I whole-heartedly believe her.
I don’t know about you but I am putting the banking, insurance and stock market (White Paper) reforms on the back burner for now. There is really not too much more they can do in this area without having the reinstatement. They are getting to the point where the currency reform implementation is going to get hotter and hotter and more pressure exerted as they move ahead. I firmly believe that this 45% of non-oil revenues is going to be the tipping point to the reinstatement.
In the U.S. we should see some amazing things happens this summer leading up to the U.S. mid-term elections. I seem to listen to the prophets when it comes to these topics and the ones I use never seem to disappoint me. The prophecies are being fulfilled just as they claimed. I highly recommend you too diversify in your methods of getting the full picture what is going on today meaning combine the physical with the spiritual sides. What is going on now is historical, and very biblical and will someday be written in history books and taught in schools. The best part is, we are living through it, yes God gave us this time to be here on the planet to experience His glory and He is manifesting it for us. 😊
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Let’s keep our prayers alive. There is a deep spiritual dimension at work today bringing about this reset. I believe we are closer than ever for the dinar to get reinstated. But first things first. Part of the mess in the US must be cleaned up too. Then certain laws in Iraq must be passed. Certainly reving the economy to at least 45% non-oil revenues could make a huge difference for Iraq and the IMF. By now everyone should be fully aware of these events that caused delays in the currency reform process. This is not rocket science to understand.
What do you think will happen next? (Leave a comment)
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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!
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 the prophets: Julie Green
“Some Politician Will Back Out of 2026 Midterms”
Go to the 19:00 mark in video for the prophecy. From May 30th.
“Liars Will Be Silenced”
Go to the 15:25 mark in video for the prophecy. From May 31st.
Fr. DON BOSCO EXPOSED THE DARK SECRET BEHIND ISLAM
— And the Truth the World Forgot about the so-called Muslim religion. Fr.Don Bosco, also known as John Bosco, was an Italian Catholic priest and educator, born on August 16, 1815. He founded the Salesian Society in 1859 to help disadvantaged youth, particularly boys, through education and community service. His teachings emphasized lovekindness, and the importance of education for young people, making him a beloved figure in Catholicism and a patron saint of youth. Don Bosco was canonized in 1934.
WHY CUBA IS STRATEGICALLY IMPORTANT, IF YOU TRULY WANT TO FIGHT TERRORISM.
WHAT DID TRUMP MEAN BY THE ‘GOLDEN AGE OF AMERICAN BEGINS NOW?’
A NEW FINANCIAL REGIME COMING TO THE U.S.
THE FED’S NEW PLAN TO SHRINK THE US $40T DEBT WITHOUT PAYING IT BACK
The Central Banking System, to which the Federal Reserve is part of, was set up as a wealth transfer system in 1913. Money would transfer from the many to the few. The few being the very wealthy the many being the general populus. They did this by a sly system of spend and tax. Now the reverse is about to happen. The money is going to flow back in the many citizens pockets from the very rich.
This will occur not in a socialist communist way, as many fear will happen or what Bernie Sanders, Mamdani, AOC and other socialist want. They only perpetuate the same old lies and scam but just in a different way. Again, their way is to the very few at the top, taking from us ordinary citizens. They know it too and that’s their real goal. All you need to do is study communism and it become very clear. They plan to do by tight control and scarcity. That is how they maintain control.
But the Trump administration is not going to let this happen. If you are paying attention to the financial wave that is about to take place you can see it is all about expanding and encouraging capitalism. Then at the same time getting out of the corrupt Central Banking System that is the main cause of it.
You have to watch this one!!!!
JPMORGAN CEO: THIS IS WHY KEVIN WARSH CAN’T ‘ACTUALLY CHANGE ANYTHING IN SIX MONTHS’ AS FED CHAIR
Go to 1:06 mark in this video and listen carefully the next few sentences of Jamie Dimon. Oh… can you see it now too… the foolishness goes right back to climate change, DEI, massive rules and regulations, etc., again. All this crap has also even infiltrated the old Federal Reserve. Time to clean it out too. As Dimon says its all just wasteful spending giving us nothing in return.
Why was the Fed getting involved with this stuff? The Feds became much more than just a financial regulator but using this power of the purse to make social change and that’s where the problems began. But who was dictating these mandates to them to push on the US? Was it some outside force such as the World Economic Forum, the United Nations Council of Foreign Relations? How dare they enforce these mandates on a sovereign nation! Most did not even know this was happening. Oh… I guess you’re no longer a free and sovereign nation, when you follow this global order from all these crazy people, are you?
CHANGE, CHANGE, CHANGE IS COMING TO AUSTRALIA TOO.
I mentioned Australia many times already in my Newsletter and how God talked to His prophets about changes coming to the developed countries around the world. He said it would begin in the U.S. and then branch out to the rest of the world. Like a cancer, this woke global ideology has spread but now it is time to combat it and inject these ideas out of our culture.
These are bad ideas as we know from experiencing them so far. We are not just screaming ‘wolf’ for nothing…..They are not working. They are destructive. They are only having negative not positive impacts on society. It is not just a matter of acceptance as these globalists will tell you, as we tried them and they simply not working and so let’s move on. If you truly study this ideology, it is also a satanic culture in nature and only destroys the very fabric of our societies. Just look at what it does. Biological men dressed up like women thinking even they can have kids. Then playing in women’s sports, thinking they are woman. I am not going to go too much deeper into this satanic sexual revolution as it is very deep and scary what they have done.
Yes, change from this bizarre globalist ideology and takeover of our countries. The citizens in Australia now want change as they too have had enough. It is coming. How long it will take depends on how strongly they really want back their freedom. It also depends on how intertwined this ideology is already in our culture. Changing back could be hard.
Yes, we have to unravel it and undo even all the tiniest of threads. I will give you just a couple of examples of what I mean by unraveling it. Just recently the War Dept of the U.S. began working with the Boy Scouts of America too unravel the DEI mess they have created following DEI mandates. I never thought it was this bad.
A LOOK BACK. HOW DID IT BEGIN?
Kirk was warning us….. This is from 8 years ago. What I want to know is who from the top brought this nonsense into our culture? Oh… was it the UN global mandates again? Please take the time to go read the UN Agendas 2021, 2030 and 2050 and see just how bad this stuff is. I will even give you the links above this is how important it is right now for you to see what they are upto. Don’t be followed by all the nice and comfortable wording. We need to look at the impact both economically as well as environmentally. Afterall we also have to live in this world too. We can worship the earth, hug trees, or realize that God gave it to us to use while we are here to use. Yes, we must also be responsible and care for it too. But we can’t keep hugging trees while we have massive unemployment, drugs, destroy our cities, homelessness in our streets, massive debt and control over our liberties and freedoms. This is not how God intended it to be. Sorry UN your thinking is all about more and more control not abundance and prosperity.
Also the ditching of mandatory COVID and FLU vaccines to military members. It is one thing to realize the past mistakes made and how these mistakes are destroying our culture. But we have to then stop it and sadly this takes effort and a lot of undoing.
HOW DO THESE CROOKED POLITICIANS GET INTO OUR POLITICS ANYHOW?
These are usually totally unqualified people to run any government. Most don’t know finance, economics or even the very basics of what societies need to thrive. Most have no common sense and are actually activists not really politicians. They are seeded into our governments to implement the agenda of their masters, the globalists. We must always be careful of the Trojan Horse as they will make promises, but what is really their agenda behind all the promises. We see this in NYC as a very good example. How long will it take for him to fall?
MANY THINGS WE HEARD WOULD HAPPEN, ARE HAPPENING. THIS IS THE TIME.
WHAT’S HAPPENING WITH CUBA?
THE TRUTH ABOUT CUBA
HER MESSAGE IS SIMPLE: DO NOT LET AMERICA BECOME A MUSLIM COUNTRY
You only need to do is take the example from what happened in the UK and you won’t like it….. I assure you! We see Detroit and parts of Minnesota becoming more and more like the middle east. I won’t get on my lecture again on how Muslims are not about assimilated but rather making America their Muslim country. Here is yet more proof.
Again UN Agenda 2030….. go read it. 2030 Forced mandates, not just good ideas.
This is sad when the elderly don’t recognize their own country they grew up in.
TRUMP SURVIVES YET ANOTHER ASSASSINATION ATTEMPT AFTER SHOTS FIRED AT WHITE HOUSE
How many does this make now. I think its five? They really don’t want Trump to have another 2 years.
I have created a brand-new “Post RV Workshop” page in the blog. I included my own personal tips on investing post-RV and also organizing and protecting your estate. Here is the LINK. Going forward I will only post new and exciting information and opportunities here on the Latest Newsletter as they come along. Later I will transfer it to the ‘Post RV Workshop’ page in subsequent Newsletters for your future reference.
Just so you know I absolutely DO NOT adhere to high-risk investments where you can lose it all in a flash. Look at it this way – you are going to have all this money from your dinar exchange. Then why blow it! Most of us investors waited decades for this RV to happen and so why would you even think about pissing is all away in some high-risk gamble of an investment. Yes, there are going to be scammers out there but let’s talk about legitimate investment opportunities only. These scammers can suck you dry and there is not a damned thing you can do about it.
Go to a legitimate wealth manager associated with your bank. Let the licensed experts advise you. Please, please stay away from idiots like MarkZ, TNT Tony, Bruce (on the Big Stupid Call), etc. , etc. Go to professionals. It doesn’t mean you have to follow everything they advise you but it’s a great start. Remember they too are selling investment products and get commissions.
Much to report today.
AMERICA’S GOLD ISSUE. WHAT’S REALLY HAPPENING.
The more I dig the more I find…..
THERE ARE HUGE OPPORTUNITIES FOR YOU IF YOU ARE POSITIONED IN THE RIGHT ASSET.
‘Reset’ Survivor Warns: The Dollar Isn’t Different – It’s Just Next
His ‘reset’ happened in Mexico Pesos.
Now I want you to remember what I am about to tell you about this RV is more than anything else I ever told you.
In this video he is describing the coming reset of the dollar not the dinar. But we are exchanging dinars for dollars,,,,right, aren’t we? If this reset of the dollar happens after the RV, and they will most probably lose value in our bank accounts, if inflation is not dealt with first. Is this not what Trump is now working on? The US dollar could potentially take a hit of 10% or more unless Trump’s strategy works and that is the key.
How much of a hit will the US dollar take? Trump is trying to avoid any hit and this is why you are seeing him work so hard. His estate is at risk too. Don’t forget this!
This level of severity we don’t know.
The point of showing you this VERY important video is not to scare you but to make you aware that, if you really want to be a billionaire or even a millionaire, you better be well invested in the dinar to absorb the hit, if it does occur. In other words, be prepared. If a million does go to 10,000 you better have much more to offset it from the reset. But don’t be scared, as Trump is desperately trying to save the currency. Can you now see what he is trying to do for every American citizen? I know it’s a long road and most don’t know all the details. We must trust in the process of this reset.
To conclude this is where the crypto dollar comes into play and why the US is moving with it. No, not a central bank crypto but a US Treasury crypto. This is being done only to buy us some time to fix our dollar. Trump is trying to avoid the collapse and dropping zeros as much as he can. I encourage everyone to research this more for your own benefit.
THE DOLLAR’S GOLD PROBLEM JUST GOT BIGGER
GOLD, PAY ATTENTION TO GOLD: PROPHET KIM CLEMENT
Please see the blog section on the other great news on this subject matter here LINK.
US PRAISES THE COORDINATION FRAMEWORK’S STANCE SUPPORTING THE RESTRICTION OF WEAPONS AND THE DISENGAGEMENT FROM THE POPULAR MOBILIZATION FORCES.
The acting US ambassador to Baghdad, Joshua Harris, praised the position of the coordinating framework supporting the state’s monopoly on weapons and severing any ties of the Popular Mobilization Forces outside the official defense system.
The praise came during a meeting he had with National Security Advisor Qasim al-Araji, where they discussed the overall regional and international situation, the latest developments in the region, and the course of cooperation and partnership between Iraq and the United States.
During the meeting, both sides affirmed their support for the Iraqi government’s measures regarding the state’s monopoly on weapons, considering the Coordination Framework’s position an important step towards strengthening stability and consolidating state authority.
According to a statement from the National Security Advisory, the meeting also addressed prospects for developing bilateral relations in accordance with common interests, and continued coordination on issues of common interest, in order to enhance security and stability in Iraq and the region.
For his part, Al-Araji reaffirmed Iraq’s firm stance on regional developments, and Baghdad’s commitment to adopting peaceful and diplomatic solutions in dealing with crises.
The acting US ambassador expressed his country’s support for Iraq and its sovereignty, stressing the importance of directing efforts towards the economy and development, and describing the position of the coordination framework as a positive step in the path of strengthening state sovereignty.
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WEAPONS CONTROL IS BECOMING A REALITY
The issue of restricting weapons to the state has taken center stage in the political and security scene, following a series of successive initiatives that began with Mr. Muqtada al-Sadr’s announcement of the disassociation of the Peace Brigades and their direct linkage to the Commander-in-Chief of the Armed Forces, in a step that was considered to be opening the way for other factions to engage in the state project.
Later, on Tuesday, Asa’ib Ahl al-Haq announced the formation of a central committee to begin implementing the decision to sever ties with the Popular Mobilization Forces and to organize mechanisms for reporting to the Commander-in-Chief of the Armed Forces. Similarly, Kata’ib al-Imam Ali decided to proceed with similar measures, emphasizing that “the battle today is a battle to build a strong, capable state with full sovereignty over its land and airspace.”
These steps were widely welcomed officially; President Nizar Amidi praised these initiatives, stressing that the strength and prestige of the state are embodied in its constitutional and legal institutions, while Speaker of Parliament Hebat al-Halbousi described these positions as “responsible,” stressing that building a strong state requires monopolizing military and security decisions in accordance with the law and the constitution.
The Coordination Framework, during its periodic meeting the day before yesterday, in the presence of Prime Minister Ali al-Zubaidi, announced its full support for the weapons control project, and authorized the Prime Minister to take the necessary measures to preserve the country’s higher interests, based on the constitution and the Popular Mobilization Forces Law No. (40 of 2016), and in implementation of the directives of the religious authority.
The upper class.
Parliamentary positions were also supportive; MP Kazem Attiya al-Shammari affirmed that the integration of armed groups into state institutions represents a step toward strengthening the rule of law, while Parliamentary Rapporteur Kulsil al-Mukhlis stressed that strengthening state sovereignty begins with the state controlling the possession of weapons. The Parliamentary Security and Defense Committee praised these initiatives, considering them important steps toward consolidating security and stability.
Political observers believe that these transformations represent a practical embodiment of the first axis of the government program, and may constitute a strategic shift in the relationship between political forces and armed factions, thereby strengthening the legitimacy of the state and supporting Ali al-Zaidi’s government in its efforts to consolidate stability.
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ARMED FORCES: WE HAVE BEGUN DISARMING AND RESTRUCTURING THE POPULAR MOBILIZATION FORCES FIGHTERS.
The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Nu’man, confirmed on Wednesday (June 3, 2026) that the committee formed under the direction of the Commander-in-Chief of the Armed Forces has begun its work to restrict weapons to the state, indicating that disengagement from the Popular Mobilization Forces includes restructuring the formations and guaranteeing the rights of the affiliates.
Al-Nu’man said in a statement to the official agency, which was followed by 964 Network , that “this committee was formed by order of the Commander-in-Chief of the Armed Forces, by a purely Iraqi decision, in response to and in fulfillment of the call of the wise religious authority, and also what was included in the ministerial program, the government’s policy, and the approach of the Prime Minister, Commander-in-Chief of the Armed Forces, regarding the restriction of weapons and the unification of the security discourse.”
He explained that “the committee has been formed and has begun its work, and will put in place the mechanisms for integrating and joining the relevant formations, and handing over weapons, equipment and camps to the Iraqi security authorities.”
Al-Nu’man explained that “all weapons and all equipment will be handed over to the Central Committee and to the Iraqi security authorities, and within two days a complete inventory will be handed over to the Central Committee, which is under the direct supervision, guidance and follow-up of the Commander-in-Chief of the Armed Forces.”
He added that “the central committee includes multiple entities, including the Ministry of Defense, the Ministry of Interior, the Joint Operations Command, and the Popular Mobilization Forces, and will put in place the mechanism to complete this process in a standard manner and it will not take long,” indicating that “the work is being carried out according to administrative and legal mechanisms, as well as logistical and technical frameworks.”
Al-Nu’man explained that “the term disengagement includes administrative frameworks and restructuring of these formations within the security services, and guaranteeing the rights of the fighters and integrating them with the military formations.”
He also pointed out that “the Prime Minister, the Commander-in-Chief of the Armed Forces, has an economic vision for the requirements of this stage,” noting that “today Iraq is witnessing a stable security situation, and all terrorist threats have been eliminated.”
The Coordination Framework announced its support for the project to restrict weapons to the state and to sever the Popular Mobilization Forces from all political, partisan and social frameworks, in order to ensure continued cooperation between the Iraqi government and the international community and to complete the implementation of ending the mission of the international coalition in Iraq.
On Wednesday (May 27, 2026), the leader of the Shiite National Movement, Muqtada al-Sadr, announced the separation of the Peace Brigades from the movement and their integration into the state, in a move he described as aiming to end the partisan affiliations of armed formations and to strengthen the principle of restricting weapons to the state.
The Asaib Ahl al-Haq movement and the Imam Ali Brigades announced their participation in the initiative to restrict weapons to the state, and the formation of committees to proceed with this matter.
Meanwhile, the Sayyid al-Shuhada Brigades, led by Abu Ala al-Walai, confirmed that they would not surrender their weapons, noting that these weapons are a “trust and duty.”
The position of the Sayyid al-Shuhada Brigades was identical to that of the Hezbollah Brigades, which still rejects calls to restrict weapons. The security official of the faction, Abu Mujahid al-Assaf, announced in a statement (May 30, 2026) the readiness of the brigades to receive the weapons of the factions that have abandoned armed action and to pay for them, saying: “We are ready to receive some special weapons for which there are no specialists in the state apparatus, such as drones, suicide aircraft, cruise missiles, and anti-tank missiles, and we are also ready to pay for them.”
The Al-Nujaba Movement issued a short statement on Wednesday (June 3, 2026) in which it announced its rejection of disarmament, and said that its position is clear as stated in a previous post by “Secretary of the Islamic Resistance, Akram Al-Kaabi.”
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IRAQI PM PROPOSES US-BACKED INVESTMENT PLAN LINKED TO WEAPONS CONTROL
Iraqi Prime Minister Ali al-Zaidi has proposed a plan to the United States that would link the expansion of US-led service and investment projects in Iraq to efforts to restrict weapons to state control and facilitate the disarmament of armed factions, a political source told Shafaq News on Tuesday.
The proposal aims to shift the weapons issue from a direct security challenge into a broader political and economic settlement by providing practical alternatives for faction members, particularly through employment opportunities and productive development projects.
“Al-Zaidi believes that the involvement of American companies in service and investment sectors could provide the government with economic and political support for implementing a gradual disarmament plan,” the source said, adding that it would also seek to create jobs for young Iraqis, integrate some faction members into the labor market, and reduce their reliance on armed formations operating outside state institutions.
Earlier in the day, Asaib Ahl al-Haq (AAH), one of Iraq’s most powerful Iran-aligned armed factions, announced the formation of an internal central committee tasked with implementing the group’s disengagement from Popular Mobilization Forces structures and transferring its weapons, personnel, and equipment to state authority.
Ashab al-Kahf, also one of Iraq’s prominent clandestine armed groups, rejected outright any political calls for factions to surrender their weapons, dismissing arguments invoking the supreme Shia religious authority in support of disarmament as false. Kataib Hezbollah welcomed efforts to centralize arms under government oversight while signaling it would not disarm.
Al-Zaidi has made weapons restriction a central plank of his government program, welcoming al-Sadr’s earlier disarmament initiative as a step that would strengthen Iraq’s security institutions in performing their constitutional duties, and calling on other armed factions to follow through official state channels, on the principle that “the authority to bear arms and enforce the law belongs exclusively to the state.”
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MIDDLE EAST: WHAT AWAITS IRAQI FACTIONS UNDER THE TUTELAGE OF “AMERICA’S MAN FOR DIRTY WORK”?
The Middle East Monitor network revealed on Wednesday (June 3, 2026) a “major shift” in US policy towards Iraq, declaring that the partnership between the two countries has “effectively ended” and has turned into a “policy of axes”.
The network said in a report published and translated by “Baghdad Today” that “Tom Barrack has the title of ‘dirty work man’ within the corridors of the White House, and he is one of the few figures capable of convincing US President Donald Trump to take on the task of dismantling complex files.”
She added: “The factions and the Iraqi government believe that American policy varies according to the mandates given to mid-level diplomatic staff, and these factions have exploited name changes as moral victories, but this does not apply to Tom Barrack.”
She pointed out that “the man who carries out the dirty work of American foreign policy has now taken over the Iraq file, which represents a qualitative shift in the United States’ dealings with Iraq, as it has moved from treating it as a partner to treating it as an axis within the existing presence linked to Iran, then Baghdad, and even Beirut.”
The network also indicated that Tom Barak “does not practice soft politics in any way, but rather calls things by their names, insults the other side openly, and speaks without silk gloves,” stressing that “Barak pushed for merging the Iraqi file with the files of Iran, Lebanon, and Turkey instead of treating it as a separate file.”
The network said that “the appointment of Barak as the official in charge of the Iraqi file confirms the approval of the American administration of his proposal regarding treating Iraq as part of the (Iranian axis),” explaining that “the focus inside Iraq on Barak’s personality hides something deeper behind it, that Washington no longer sees Iraq as a political partner but rather as a damaged security file, and therefore Washington’s dealings with Iraq have moved with the appointment of Barak from negotiation to complete surgical removal,” as it described it.
The network also confirmed that the matter is “more evident to the Iraqi factions, who have come to realize that the American decision to reduce their influence inside Iraq is no longer a personal desire of an American official, but rather an ongoing institutional choice, and Barak will be the instrument that implements it.”
The report also confirmed that “Barak’s arrival is no longer a change in the personalities dealing with the Iraqi file, but rather a declaration of the beginning of a new phase in which decisions are based on their impact on breaking the deadlock inside Iraq instead of satisfying local parties.”
The network concluded its report by emphasizing that Iraq “has entered a new phase without any niceties. Washington no longer sees Baghdad as a file for relations but a file for decision-making,” stressing that “Washington’s patience has run out with the dual powers within Iraq and the state’s thieves, and the coming language will not be diplomatic but direct, clear, revealing, and perhaps harmful,” as it described it.
The network also noted that “the era of gray understanding has ended in Iraq now and the era of decisive decisions has begun.”
Source of the report:
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TRUMP’S PARTY WELCOMES AL-ZAIDI’S MOVEMENT TO DISARM IRAQI FACTIONS
The US Republican Party, represented by President Donald Trump, welcomed on Thursday the decisions announced by Iraqi Prime Minister Ali al-Zaidi regarding restricting weapons to the state, considering them an important step in the path of strengthening Iraq’s sovereignty and consolidating the authority of its constitutional institutions.
Party member Malik Francisco told Shafaq News Agency that Washington views these steps positively, noting that “Iraq’s long-term stability requires that the state be the only entity authorized to carry and use weapons within legal frameworks.” Francisco added that his country’s support comes in the context of supporting efforts aimed at strengthening Iraqi state institutions and promoting the rule of law.
Washington believes that addressing the issue of weapons outside the framework of the state represents a real test of the Iraqi government’s ability to impose its authority and build effective security institutions, which contributes to protecting internal stability and limiting any external interference.
The US administration also believes that having a central authority capable of implementing its security decisions enhances the chances of achieving political and security stability in the country.
This welcome comes within the framework of shared interests between Baghdad and Washington, as the United States affirms that the stability of Iraq is a fundamental element in the stability of the entire region.
US estimates indicate that consolidating the state’s monopoly on weapons would have a positive impact on the economic environment, by improving the investment climate and enhancing the confidence of foreign companies in the Iraqi market. At the same time, American circles realize that the issue of restricting weapons is linked to complex political and social balances, which makes its implementation require broad national consensus and well-thought-out steps that ensure the achievement of the desired goals without creating internal tensions.
Observers emphasize that the success of these decisions will depend on the extent to which the Iraqi government can translate them into practical measures that enhance citizens’ trust in the state and enshrine the principle of its monopoly on force, as it is one of the most important pillars for building an independent state capable of managing its affairs efficiently and competently.
Earlier today, the head of the Security Media Cell, Lieutenant General Saad Maan, announced the launch of the first practical steps to integrate armed factions into the official security system, through the handover of the headquarters and weapons of the “Saraya al-Salam” in the city of Samarra, in response to the initiative launched by the leader of the Shiite National Movement, Muqtada al-Sadr.
The coordinating framework that brings together the ruling Shiite forces in Iraq had authorized Prime Minister Ali al-Zubaidi to take decisions and measures to preserve the country’s higher interests, while supporting the project to restrict weapons to the state and to separate the Popular Mobilization Forces from political, partisan and social frameworks, in a position that was practically considered a political cover for al-Zubaidi to act on the issue of the factions.
This political movement was strengthened after the leader of the Shiite National Movement, Muqtada al-Sadr, announced the disassociation of the “Peace Brigades” from the movement and their affiliation with the state, and called on the rest of the factions to move away from partisan and sectarian frameworks and join under the authority of the government, a step that al-Zaydi welcomed and called on the other factions to follow.
Asaib Ahl al-Haq also followed this path, as it announced the formation of a central committee to begin procedures for disengaging from the Popular Mobilization Forces formations, inventorying personnel, weapons and vehicles, and organizing mechanisms for liaising with the Commander-in-Chief of the Armed Forces. Then, the Imam Ali Brigades announced a similar decision that includes inventory, handover, transfer and reintegration of affiliates within state institutions.
However, the file still faces reservations and internal opposition, as sources told Shafaq News Agency that there is a division within the framework forces regarding an American proposal based on establishing service and investment projects inside Iraq, implemented by American companies, in exchange for proceeding with the file of restricting weapons to the state and handing over weapons to the factions.
The opposition is most clearly expressed by the Hezbollah Brigades, which are holding on to their weapons and refuse to discuss the issue of disarming or surrendering them under American pressure. The Brigades have proposed a counter-approach based on buying the factions’ weapons instead of surrendering them or forcibly disarming them.
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FINANCIAL EXPERT IDENTIFIES TOOLS TO “SAVE BAGHDAD” FROM THE LIQUIDITY CRISIS – URGENT
Iraq’s public finances are under increasing pressure due to declining oil revenues and the continued near-total reliance on crude oil as the primary source of budget funding.
This has impacted liquidity levels and the government’s ability to meet its growing obligations. Amid these challenges, economic calls are mounting for a review of the public revenue structure, expanding the tax base from non-oil sectors, reforming financial collection systems, combating corruption, and reducing waste in government spending. These measures aim to enhance financial stability and mitigate the severity of recurring crises. Financial expert Saleh Rashid outlined several tools Baghdad could adopt to successfully manage the liquidity crisis, given the alarming decline in the country’s treasury revenues for the third consecutive month.
Rashid told Baghdad Today that “Baghdad is facing a major, sensitive and complex financial crisis, especially after losing an important part of its crude oil export revenues as a result of the disturbances in the Strait of Hormuz, which has made Iraq one of the most affected countries in the region, as it depends on oil for more than 90% of its resources.”
He explained that “the government has limited options for addressing the financial gap:
1. foremost among them developing non-oil revenues, which has multiple dimensions, most notably the issue of collecting money from services provided to citizens, as this issue is witnessing high levels of corruption that require a comprehensive review.”
He added that “the introduction of modern technologies in collecting money, especially in the electricity and water sectors, has become an urgent necessity, provided that the collection is fair and equitable, takes into account the conditions of the poor and the simple, and contributes to reducing losses, as well as developing the collection of the rest of the other services.”
Rashid pointed out that “warnings against relying on oil as a primary resource for Iraq’s treasury were issued more than 30 years ago, while many oil-producing countries, especially in the Arabian Gulf, realized the danger of this approach and began to change it, but successive governments in Baghdad did not give this issue sufficient attention.”
He added that “the picture today is clearer than ever before, which necessitates changing the economic view of oil and moving to a diversified economy in which oil is a part but not the whole,” stressing “the importance of controlling the pace of spending in state institutions and strengthening efforts to combat corruption.”
He concluded by saying: “A large part of Iraq’s wealth is being drained due to corruption, and addressing this issue is a fundamental step for any real financial or economic reform.”
The Iraqi economy is heavily dependent on crude oil export revenues, which constitute more than 90% of the country’s resources, making it highly vulnerable to fluctuations in oil prices and geopolitical conditions in the region.
In recent years, warnings about the dangers of this unilateral reliance have increased, especially with the recurrence of financial crises and delays in paying salaries and government obligations at certain times.
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PARLIAMENTARY DEFENSE COMMITTEE: FOUR IMPORTANT LAWS ON THE PARLIAMENTARY AGENDA AFTER THE RECESS
The Parliamentary Security and Defense Committee confirmed on Thursday
that four important laws will be discussed and undergo their first and second readings after the end of the parliamentary recess, after July 1st.”
He added that “the most prominent of these laws concerns amending the law governing the service of the Internal Security Forces, in addition to other equally important laws.” He pointed out that “the Security and Defense Committee is serious about finalizing these laws and expediting the necessary procedures and amendments in order to complete the first and second readings and proceed to a vote.”
Watout emphasized that “these laws are of great importance in guaranteeing the rights of members of the security and military forces,” explaining that “the proposed amendments will take into account all opinions, including those of security leaders, to ensure the enactment of more effective and efficient laws.”
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MP: THE SESSION TO COMPLETE AL-ZAYDI’S CABINET WILL BE HELD SOON, AND THE SAME NAMES WILL NOT RETURN.
MP Mohammed Karim Al-Baldawi, a member of the Coordination Framework, confirmed on Thursday that there is an agreement to hold a session of the House of Representatives in order to complete the vote on the remaining ministerial lineup of Prime Minister Ali Falih Al-Zidi’s government.
Al-Baldawi told Al-Maalouma that “the political blocs are moving towards replacing the previous names nominated for the nine ministerial portfolios, and presenting new figures who are suitable for the requirements of the stage and to fill the vacant positions.”
He added that “through this approach, the parties seek to give themselves and society a greater sense of reassurance by putting forward new names that enjoy wider acceptance.”
Regarding the coordination framework, Al-Baldawi stressed that it is “strong and cohesive despite the existence of differing viewpoints on some contentious issues among its components,” indicating that “the framework represents the backbone of the political process, and whoever bets on influencing its unity is mistaken, and everyone must work to preserve it.”
He pointed out that “weakening the coordination framework means weakening the entire political system in the country.”
Political circles are awaiting the scheduling of a session to complete the vote on the cabinet of Ali Faleh al-Zaidi’s government, aiming to resolve the dispute that arose from the previous session. This dispute stemmed from political accusations leveled against Speaker of Parliament Haibat al-Halbousi, alleging he deliberately obstructed the approval of certain ministerial nominees and prevented them from being presented for a vote of confidence.
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THE PRIME MINISTER’S ADVISOR: AL-ZAIDI’S GOVERNMENT HAS TAKEN MEASURES TO PRESERVE THE PURCHASING POWER OF THE DINAR AND CURB INFLATION.
The Prime Minister’s Financial Advisor, Mazhar Muhammad Salih, affirmed on Saturday that the government, headed by Ali Falih Al-Zaidi, has taken measures to preserve the purchasing power of the Iraqi dinar and curb inflation.
Salih told the Iraqi News Agency (INA) that “the policy of stabilizing the official exchange rate is based on a fundamental objective: protecting the external value of the national currency and maintaining the stability of the general price level.” He pointed out that “the stability of the exchange rate has contributed to strengthening confidence in the Iraqi dinar and supporting the purchasing power of citizens.”
Salih added that “the relationship between the stability of the exchange rate and the stability of prices of goods and services in the local market has remained strong, given the limited impact of the parallel market on the pricing system and the effectiveness of monetary policy.” He explained that “financing imports through the official banking system and relying on the state’s foreign reserves has contributed to providing imported goods at stable and controlled prices.”
He continued, stating that “government policies aimed at maintaining the stability of prices for public goods and services, along with the expansion of modern commercial distribution methods, particularly cooperative stores and advanced marketing models, have strengthened competition and contributed to reducing inflationary pressures and supporting price stability.”
Saleh explained that “among the most prominent factors putting pressure on the value of the national currency are the decline in official reserves, uncontrolled monetary expansion, and excessive reliance on oil revenues, which are currently subject to geopolitical constraints imposed on the freedom of energy markets, in addition to political and regional tensions and their impact on foreign currency flows and economic confidence.”
He emphasized that “raising the value of the Iraqi dinar cannot be achieved through quick administrative decisions, but rather through a long-term reform process based on the stability of monetary and fiscal policies, diversification of national income sources, and strengthening confidence in the local currency.” He noted that “the stability of the dinar remains a direct reflection of the stability of the macroeconomy and its ability to withstand local and international changes, which is what the government is working on through a package of measures to strengthen the value of the Iraqi dinar. These measures include working to enhance foreign reserves, diversify the national economy and reduce dependence on oil, achieving stability in the balance of payments, as well as controlling the parallel market, reforming the banking system, expanding the use of electronic payment methods, and promoting financial inclusion.”
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A KURDISH DELEGATION VISITS BAGHDAD TO DISCUSS REVENUES AND THE ASYCUDA SYSTEM.
Local media reported that a delegation from the Kurdistan Regional Government is scheduled to visit the capital, Baghdad, on Sunday.
Those media outlets, which were monitored by Al-Sa’a Network, stated that “the delegation will discuss the internal revenue file during the visit, in addition to the (ASYCUDA) system adopted at the border crossings.”
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“THE BANK DIDN’T ANNOUNCE IT”: HUSSEIN REVEALS THE PRINTING OF 25 TRILLION IRAQI DINARS AND WARNS OF A CATASTROPHE.
(Mnt Goat: Why would the news say this if not true. We find a followup article by the CBI that tells us this is all false rumors.)
Iraqi Foreign Minister Fuad Hussein revealed on Saturday that the government has resorted to printing 25 trillion dinars to address the financial crisis, warning that the continuation of the current situation could lead to a “financial catastrophe” in the country, given the decline in revenues related to oil exports.
Hussein said in an interview on the Iraqi channel “Al-Sharqiya” that the continued closure of the Strait of Hormuz threatens to create a severe economic crisis in Iraq, stressing that this matter may affect the government’s ability to secure salaries during the coming period, which he described as “true” if the crisis continues.
He added that the government resorted to printing 25 trillion dinars to confront financial pressures, explaining that this step raised Iraq’s nominal financial capacity to 125 trillion dinars after it had been between 100 and 104 trillion dinars, noting that the Central Bank has not announced this yet. Hussein stressed that printing money is not a solution to the crisis, but may lead to higher inflation rates and repercussions on market prices and purchasing power, noting that the country was in a relatively better position with regard to inflation before these developments.
He added that salaries are currently being financed by relying on reserves, loans, and internal debt, in the absence of sufficient revenues, noting that the continuation of the war until the end of 2026 may greatly exacerbate the financial crisis.
The minister explained that there are attempts to increase oil exports to between 500,000 and 700,000 barrels, considering that current oil prices are relatively helpful, along with measures related to transporting and exporting oil via tankers, but these solutions, as he put it, are “partial and do not solve the problem.” He pointed to the need to open up to Gulf and Western countries and to request assistance to cope with the current financial circumstances.
The Iraqi economy is almost entirely dependent on oil, which accounts for about 90 to 95% of budget revenues, making any disruption to exports a direct challenge to the government’s ability to finance operating expenses, especially salaries, pensions and social welfare, with a monthly need estimated at about 9 trillion dinars ($6.8 billion).
Experts suggest that the continued halt or decline in exports may push Iraq to rely on part of its foreign reserves, which could affect monetary stability if the crisis lasts for a long time, given the limited reliance on export alternatives or non-oil revenues.
The war between the United States and Israel on one side and Iran on the other has caused an almost complete paralysis of navigation in the Strait of Hormuz, which has led to a decrease in Iraqi exports to less than 800,000 barrels per day and losses estimated at about $128 million per day, according to the “Eco Iraq” Observatory, amid rising shipping and insurance costs and increasing fears of global economic repercussions due to the importance of the strait through which about 20 million barrels of oil pass per day.
Government estimates of the critical financial situation
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AFTER BAGHDAD PRINTED MANY DINARS… FUAD HUSSEIN: WE NEED FINANCIAL ASSISTANCE FROM THE GULF
(Mnt Goat: Why would the news say this if not true. We find in another article the CBI tells us this is all false rumors.)
Foreign Minister Fuad Hussein warned on Saturday (June 6, 2026) of a major financial crisis that will hit the country if the Strait of Hormuz remains closed. He indicated that Baghdad was forced to print 25 trillion dinars to confront the crisis, and also warned that the government will face a major problem in paying employee salaries next month if the situation continues as it is. He stressed that Iraq needs to open up to the Gulf and Western countries “to obtain aid,” as he put it in an interview with journalist Hisham Ali, which was followed by 964 Network .
Hussein said, “If the Strait of Hormuz remains closed, we will face great difficulty in paying employee salaries next month.”
He explained that “the financial capacity was 100 trillion dinars, and now it has become 125 trillion dinars, as we resorted to printing 25 trillion dinars to confront the financial crisis in the country.” He added that “we cannot solve our problems by printing money, because this increases inflation, which has already risen.” He explained that “if the war continues until the end of the year, this will be a disaster for us, because there will be no revenue.”
Hussein stressed that Iraq needs to open up to the Gulf and Western countries, so that we can find a way to obtain “aid.”
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AFTER PRINTING 25 TRILLION DINARS
PARLIAMENTARY FINANCE COMMITTEE: THE GOVERNMENT WILL COVER THE DEFICIT THROUGH DOMESTIC AND FOREIGN BORROWING.
(Mnt Goat: Why would the news say this if not true. We find the next article the CBI tells us this is all false rumors.)
The parliamentary finance committee explained that approving the 2026 budget is unlikely given the ongoing work to complete the government program and the cabinet, stressing that the government has very large capabilities to address the deficit through internal or external borrowing or by using the central bank.
Hours before the Finance Committee’s statement, Foreign Minister Fuad Hussein revealed that 25 trillion dinars had been printed due to a shortage of cash liquidity, and warned of a major financial crisis that would hit the country if the Strait of Hormuz remained closed, explaining that Iraq needed to open up to the Gulf States and Western countries “to obtain aid.”
Finance Committee member, Ribwar Karim, told the official newspaper, as reported by 964 Network on Sunday (June 7, 2026), that “this year’s budget will most likely not exist and work will begin on studying the 2027 budget, stressing that securing salaries will not be affected, and that the government has very large capabilities to address the deficit through internal or external borrowing or by using the Central Bank.”
Karim added that “everyone agrees on supporting the government’s efforts in securing salaries and reaching the next budget, indicating that things will be clearer in the next budget with regard to the effects of the Strait of Hormuz and oil prices and expanding revenues, especially after the application of the Customs Tariff Law and the ASYCUDA system, which will provide greater diversity in sources of income.”
Karim explained that the absence of a budget until the middle of the fiscal year is directly related to the government program, especially since the government is still in the process of completing its formation, and the House of Representatives has granted the Prime Minister the necessary confidence and powers. He stressed that the Finance Committee is ready to support the government in facing the economic challenges, whether the 2026 budget is presented or not, indicating that any move to legislate an alternative law similar to the Food Security Law has not been proposed yet, and the matter is left to the request of the government and the Prime Minister’s vision for the next stage.
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CBI DENIES PRINTING MONEY TO COMBAT FINANCIAL CRISIS
The Central Bank of Iraq said Sunday that “describing treasury bill discount operations as printing money is inaccurate,” stressing that such measures are temporary liquidity tools backed by government debt and differ fundamentally from issuing new currency.
DUBAI, United Arab Emirates – The Central Bank of Iraq (CBI) on Sunday denied claims that it had printed money to combat the current financial crisis, clarifying that it instead used treasury bill discounts as a liquidity tool, a day after Foreign Minister Fuad Hussein said Iraq boosted its financial capacity by around 25 trillion dinars.
In a statement, the bank said treasury bill discounts provide temporary liquidity against existing government debt instruments and are repaid upon maturity, adding that “describing treasury bill discount operations as printing money is inaccurate.”
Hussein said Saturday that Baghdad had increased its “financial capacity” from 100 trillion to 125 trillion dinars with cash that “we printed,” to cope with a sharp decline in revenues caused by the Iran war and its impact on oil exports.
The CBI described the treasury bill discount mechanism as an “internationally recognized financial tool used by major central banks.” In contrast, the bank explained that printing money involves issuing new currency without a corresponding asset and injecting it directly into the economy, which can lead to inflation and a decline in the value of the currency.
Treasury bills refer to a practice whereby the central bank allows lenders to buy bills from the government at a discount. At maturity, the loan is paid out at full face value, allowing the lenders to turn a profit due to the difference between the face value and the discount.
The bank added that practices such as printing money with no asset backing are prohibited under Iraq’s Central Bank Law No. 56 of 2004.
Hussein said in an interview with Al Sharqiya that the measure was intended to address immediate financial pressures, noting that the CBI had not announced it yet. He warned that “we cannot solve our problems through printing because it would lead to inflation.”
The foreign minister cautioned that Iraq could face a financial “catastrophe” if the US-Iran conflict continues until the end of the year.
Iraq relies on oil revenues for around 90 percent of its annual budget. The majority of the country’s oil exports have been halted however, as a result of the US-Iran war and the closure of the Strait of Hormuz.
The bank said its primary role is to “manage monetary policy, maintain price and monetary stability, and safeguard the financial system, not serve as a permanent source of financing for public spending.”
The Central Bank reaffirmed its commitment to “supporting the Iraqi dinar and maintaining monetary and economic stability,” calling for accurate reporting on issues related to the national currency and its management.
It said routine currency management procedures are fully aligned with its goal of preserving financial and economic stability.
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THE CENTRAL BANK CLARIFIES REGARDING PRINTING MONEY: IT LEADS TO INFLATION AND ERODES THE CURRENCY’S VALUE AND IS PROHIBITED UNDER THE BANK’S LAW.
The Central Bank of Iraq issued a statement on Sunday regarding “currency printing” and the financing of public expenditures.
A statement from the bank indicated that, “In light of the discussions surrounding the issue of printing currency and financing public expenditures, the Central Bank of Iraq wishes to clarify the following:
First, there is a fundamental and important difference between ‘discounting treasury bills’ and ‘printing currency’ on both technical and economic levels. Discounting bills provides temporary liquidity against an existing government debt instrument, which is repaid upon maturity. This is an internationally recognized financial mechanism practiced by major central banks with strict adherence to maturity dates. ‘Printing currency,’ on the other hand, is the issuance of new money without backing, which is injected directly into the economy. This leads to direct inflation and erosion of the currency’s value. Furthermore, it is not repaid and represents a permanent monetary burden. This is strictly prohibited under the Central Bank of Iraq Law No. (56) of 2004. Therefore, the simplistic description of the current operations as ‘printing currency’ does not reflect their true technical and financial nature.
Second, the Central Bank of Iraq affirms that its primary role is to manage monetary policy, maintain monetary and price stability, and ensure the integrity of the financial system, not to act as a conduit for…” The Central Bank of Iraq affirms that it will continue to use certain financial and monetary tools in exceptional circumstances, in a controlled manner and in accordance with the requirements of the national economy, while taking utmost care to prevent financial pressures from escalating into permanent monetary expansion or inflationary pressures that would negatively impact citizens’ purchasing power.
Third, the Central Bank emphasizes that monetary management is conducted according to precise and rigorous controls within the framework of the law, and that any operations it undertakes are continuously evaluated to ensure they do not negatively affect the objectives of the established monetary policy.
Fourth, the current circumstances highlight the importance of adopting long-term fiscal policies aimed at building sufficient financial buffers and safeguards to confront economic shocks and volatile oil cycles. This will be achieved through diversifying the economy and revenue sources, and managing public debt with high efficiency to mitigate the impact of future crises and maintain overall economic stability.
The statement added, “In response to media reports on economic matters, the Central Bank affirms its commitment to its strategy of supporting the Iraqi dinar and maintaining monetary and economic stability. Therefore, portraying parts of the Bank’s routine procedures in this area as dangerous measures is inaccurate.”
He called for “accuracy when dealing with these topics, especially those related to the local currency, its management and issuance mechanisms, and maintaining its value. In this context, we emphasize that the Central Bank has daily procedures regarding the issue of currency management, and these procedures are largely consistent with the bank’s ultimate goal of maintaining financial and economic stability.”
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AL-ZAYDI IS PERSONALLY NEGOTIATING WITH THE FACTIONS FOR DISARMAMENT… FUAD HUSSEIN CALLS FOR REVEALING THE PLAN AND GAINING THE WORLD’S TRUST.
Foreign Minister Fuad Hussein called for the disclosure of a plan to restrict weapons to the state, in order to gain trust both within Iraq and from relevant regional parties. In an interview with journalist Hisham Ali, which was broadcast on 964 Network , Hussein revealed that Prime Minister Ali al-Zubaidi is personally leading the negotiations with the factions regarding the issue of restricting weapons to the state. He confirmed that the Prime Minister’s first foreign trip will be to the United States, adding, “We hope this visit will take place at the beginning of next month.”
Hussein explained that the biggest problem facing Iraq at the moment is the financial and economic file, noting that “the continued closure of the Strait of Hormuz will put Iraq in great difficulty in paying the salaries of employees during the next month.”
Hussein said, “The factions now have political parties, wings, and members in parliament. Some have participated in the government, and others want to participate. So the question here is: if you are part of the government or want to participate in the government, how can you carry weapons outside the scope of the state?”
He revealed that “Prime Minister Ali al-Zaidi is personally leading the negotiation process with the factions regarding the issue of restricting weapons to the state.”
The Sayyid al-Shuhada Brigades and the Hezbollah Brigades announced their rejection of calls to restrict weapons. The security official of the Hezbollah Brigades, Abu Mujahid al-Assaf, announced in a statement (May 30, 2026) the readiness of the brigades to receive the weapons of the factions that have abandoned armed action and to pay for them, saying: “We are ready to receive some special weapons for which there are no specialists in the state apparatus, such as drones, suicide aircraft, cruise missiles and anti-tank missiles, and we are also ready to pay for them.”
On Wednesday (June 3, 2026), the Al-Nujaba Movement issued a short statement in which it announced its refusal to disarm, and said that its position is clear as stated in a previous post by “Secretary of the Islamic Resistance, Akram Al-Kaabi.”
Hussein explained that “Mr. Muqtada al-Sadr’s announcement of integrating the Peace Brigades into the security forces helped the government, and this was followed by other factions announcing the surrender of their weapons.”
On Wednesday (May 27, 2026), the leader of the Shiite National Movement, Muqtada al-Sadr, announced the separation of the Peace Brigades from the movement and their integration into the state, in a move he described as aiming to end the partisan affiliations of armed formations and to strengthen the principle of restricting weapons to the state.
The Coordination Framework announced its support for the project to restrict weapons to the state and to sever the Popular Mobilization Forces from all political, partisan and social frameworks, in order to ensure continued cooperation between the Iraqi government and the international community and to complete the implementation of ending the mission of the international coalition in Iraq.
Hussein pointed out that “the continued closure of the Strait of Hormuz will put Iraq in great difficulty in paying employee salaries next month,” noting that “the financial capacity was 100 trillion dinars, and now it has become 125 trillion dinars, as we resorted to printing 25 trillion dinars to confront the financial crisis in the country.”
He added, “We cannot solve our problems by printing money, because this raises the inflation rate, which has already risen,” explaining that “if the war continues until the end of the year, this will be a disaster for us, because there are no revenues.”
The Central Bank of Iraq denied on Sunday (June 7, 2026) the validity of what is being circulated regarding its resorting to printing currency to finance public expenditures, stressing that the financial procedures currently followed are fundamentally different from issuing new money, and fall within internationally approved financial and monetary tools and do not constitute permanent monetary expansion.
Hussein stressed that Iraq needs to open up to the Gulf and Western countries, so that we can find a way to obtain “aid.”
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EXPERTS LAY OUT A ROADMAP FOR LEAVING THE RENTIER ECONOMY.
Adopting a long-term economic vision is an imperative for Iraq to transition from a rentier economy entirely dependent on oil to a diversified and sustainable productive economy. This transformation requires binding sectoral strategies and major development projects that successive governments continue to implement, with development that is appropriate to emerging developments and challenges during the implementation phases.
Changing the way of thinking
Amer Issa Al-Jawahri, a consultant in development and investment, believes that “real economic reform does not begin with changing faces, but with changing the way of thinking,” indicating the government’s seriousness in carrying out radical reforms that will lift the country’s economy from total dependence on oil to diversifying resources.
In an interview with Al-Sabah, Al-Jawahiri recommended increasing the role and responsibility of the four ministerial councils, expanding their membership to include supporting private sector institutions, and utilizing the participation of private sector stakeholders and specialists in developing plans, policies, and decisions, as well as in monitoring and following up on implementation. He called for the sectoral development councils to have a daily working and monitoring capacity to address all work requirements immediately.
The path of development
Al-Jawahiri urged the adoption of the development road project and the formation of a supreme coordinating body to manage it with broad powers, considering it a major state project with significant international competitiveness and challenges. He stressed the importance of making the productivity of workers and productive and service institutions the basic standard in the work of all institutions, adopting feasibility as the basis for service, restructuring public companies, and ensuring their development and operation in a viable and profitable manner by transforming the productive ones into joint-stock companies.
He also recommended adopting a public-private partnership approach in qualifying, developing, managing, operating and improving the productivity of existing government factories and in establishing major industrial projects in the country, taking into account strict conditions, noting the importance of implementing an industrial city in each governorate.
enacting laws
He pointed to the importance of working on legislation for the “Public-Private Partnership” and the “Micro, Small and Medium Enterprises Law,” and forming the “Micro, Small and Medium Enterprises Authority,” stressing the need to develop the relationship between the university, vocational institutes and research centers in all fields with the labor market and entrepreneurs with ideas and patents to adopt the transformation of their ideas and projects into the production stage.
The consultant in development and investment also recommended changing the components and working mechanism of the boards of directors of public companies to assume their responsibilities in improving performance and achieving profitability for their companies, and including a sector representative from the private activity as a member, according to the activity, while moving to change the principle of separation between management and ownership, so that the boards of directors are freed from the authority of the general manager and addressing this by legislation, stressing the importance of ensuring the authority of the law to implement development and reform procedures smoothly and without hindrance, while organizing a comprehensive education and awareness campaign with the help of the media, and in education on work ethics, increasing production and productivity and improving quality.
Three-circle model
On a related note, economist Dr. Nabil Al-Abadi suggested implementing the integrated “three circles” model, which means a stimulating fiscal policy + a rational monetary policy + a structural development policy, indicating that the practical requirements for its applicability in Iraq revolve around activating the Financial Stability Board in an executive rather than an advisory capacity.
Al-Abadi told Al-Sabah: “The powers of the Financial Stability Council should include the right to veto any draft budget or monetary plan that conflicts with stability indicators (such as inflation or trade deficit),” calling for the council to hold mandatory monthly meetings for the heads of finance, the central bank and planning, with a permanent technical office that issues transparent quarterly reports, with practical application starting with two urgent files – managing domestic public debt, and controlling the exchange rate policy with a managed float instead of a rigid peg.
Instead of talking abstractly about diversifying the economy, he urged the selection of 3 promising sectors with a competitive advantage: smart agriculture (efficiently utilizing rivers and groundwater), renewable energy (Iraq is sunny all year round), and religious and medical tourism, suggesting that the government provide basic infrastructure (land, energy, water) and tax exemptions for 5 years to investors, in exchange for local employment and technology transfer.
He stressed the need to solve the problem of government banks burdened with irregular loans by transforming them into specialized banks (a microfinance bank, a housing bank, an industrial bank) under professional management and separating them from the Ministry of Finance. He emphasized the importance of launching a unified digital banking platform to transfer all state transactions (salaries, contracts, tenders) to a cashless banking system, linking it to an electronic platform to combat corruption, issuing treasury bonds with medium maturities (two and five years) to build a yield curve, and opening up the field of open operations with private banks as a mechanism for injecting or withdrawing liquidity instead of directly adjusting the interest rate.
Anti-liquidity fund
Regarding the mechanism to reduce dependence on oil, he called for the establishment of a Counter-Cyclical Liquidity Fund by allocating 5% of oil revenues above a certain price (e.g., $70 per barrel) to a fund that is invested externally in liquid assets (US Treasury bonds, gold), adding that it is withdrawn from this fund in years of falling prices to finance the budget deficit without inflation.
Al-Abadi also proposed creating what he called a “smart social safety net” instead of comprehensive support, explaining that it would involve implementing conditional cash transfers via smart cards supported by biometric data, so that they would be disbursed only to families whose income is below the poverty line (the list is updated every 6 months using an integrated national database).
Oil wealth governance
Regarding oil, the economic expert called for “governance of oil wealth” through an “oil management board” consisting of independent experts (not ministers) appointed by Parliament, indicating that the proposed board’s tasks include supervising licensing and marketing contracts, monthly announcements of oil revenues and the entities receiving them, and submitting an annual report on the actual cost of producing a barrel of oil in each field (to combat cost inflation).
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MALIKI’S COALITION RULES OUT CHANGING THE VALUE OF THE DINAR AND WARNS AGAINST INFLAMING PUBLIC OPINION.
Imran Karkoush, a member of the State of Law Coalition, ruled out the government’s intention to change the value of the dinar and devalue it against the dollar, while simultaneously warning against taking decisions that would inflame Iraqi public opinion.
Karkoush told Al-Maalouma, “The government does not want to risk any decisions that might inflame Iraqi public opinion and thus directly affect the street, especially with the arrival of summer and the major problems that often accompany this season, namely energy, fuel, and other services.”
He added, “Since assuming his duties as Prime Minister, it is unlikely that al-Zaidi will take any decisions to raise the dollar exchange rate in local markets during his first 100 days in office, as such a decision would create a major problem, especially on the country’s economic level.”
He clarified that “the issue of the dollar exchange rate has not been studied by al-Zaidi’s government, nor has it been discussed by the current government, and the Prime Minister has not raised any such matter concerning the value of the dinar against the dollar.”
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FORMER PM AL-MALIKI BACKS IRAQ’S ARMS CONSOLIDATION PLAN
Former Iraqi Prime Minister and head of the State of Law Coalition (SLC) Nouri al-Maliki hailed efforts to place weapons under state control during a meeting on Sunday with US Chargé d’Affaires to Iraq Joshua Harris.
Al-Maliki stressed the importance of keeping arms exclusively in the hands of state institutions, noting that strengthening state authority and enforcing the rule of law are essential to preserving security, stability, and Iraq’s broader national interests.
The meeting also covered regional developments, bilateral relations, and ongoing political efforts to secure parliamentary approval for the remaining cabinet positions.
Earlier this week, Iraqi security officials outlined the first practical steps toward integrating armed factions into state institutions, beginning with the transfer of facilities and weapons belonging to Saraya al-Salam of Iraq’s Patriotic Shiite Movement (PSM).
The ruling Shiite Coordination Framework (CF), to which the SLC belongs, recently endorsed Prime Minister Ali al-Zaidi’s plans to restructure relations between armed groups and the state.
Several factions have already taken steps in that direction. Both Asaib Ahl al-Haq and Kataib Imam Ali have introduced measures aimed at reorganizing their forces and aligning them with the government’s weapons-control initiative. Harakat al-Nujaba (HAN), Kataib Hezbollah, and Ashab al-Kahf, however, have rejected calls for disengagement.
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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!
Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.
Auf Wiedersehen
Much love to ya all,
Mnt Goat
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