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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 16, 2026 Mnt Goat News Brief

Guten Tag everyone:

Again, the saga continues……The last of the ministers for Zaidi’s cabinet is still not appointed and official. We are told a special session will be held soon 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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1 Chronicles 29:14 

But who am I, and who are my people, that we should be able to give as generously as this? Everything comes from you, and we have given you only what comes from your hand.

STATUS OF THE RV

Glad everyone could join me today on my blog. Oh… its mid June already and still not RV? Who is telling you there would be the RV?

Let’s get right into the news.

Lots of smiles today in the news. It is all very good as Iraq is addressing many of the long-term issues. But I have to ask why have they not fixed this before. Why does it always take outside pressure to do it. This is why Iraq is failing. They need to step up their game. Maybe with the lack of Iranian influence, they will be able to do it.

Today’s news mostly stems around two themes. One is the plan to grow the Iraqi economy. As we learned prior, there is now a solid benchmark set of at least 45% of the economy generating revenues of non-oil based. If you think about this goal then you can clearly see additional revenues being generated in the future besides what they have today to meet their budgets. What do you do with these surplus revenues? Do you save them for a rainy day? Do you let the Iranians steal them to support terrorism throughout the middle east? Or do you take these surplus revenues that allow diversity during good times and security during bad times (oil market drops).

Yes, with these surplus revenues, the CBI can then be able hoard more of the surplus oil revenues to put towards its reserves, gold, and other investments bringing Iraq into more light with the international scene.  There has to be a perception of being able to manage their wealth instead of wasting it. Don’t forget the oil drilling that is also taking place to expand the oil revenues even more. So, is Iraq wealthy? It is not a matter of asking the question if they are wealthy, but they are VERY wealthy but being wealthy is relative to how you manage the money, rather can they manage it to restructure the politics and economy in such a way so they can best use this wealth instead of it being blown on corruptive practices. I sincerely pray that al-Zaidi will leave a legacy of being able to accomplish this economic revolution.

😊 WOW! So, the oil revenues will be growing too beside the non-oil revenues? Take a peek at this article titled “A STRATEGIC MOVE: EXXONMOBIL OPENS THE DOOR TO MASSIVE INVESTMENTS IN IRAQI OIL.” Baghdad/Al-Masalla Translation: ExxonMobil executives met with the new Iraqi Oil Minister, Basim Khudair. The American giant had signed a preliminary agreement last year to develop the Majnoon field, which has a production capacity of 450,000 barrels per day, in addition to exploring the development of infrastructure for Iraq’s oil exports.

😊 WOW! again! Then please take the time to read the following article in today’s new titled “46% NON-OIL: AN AMBITIOUS GOAL FOR RESTRUCTURING IRAQ’S FINANCES.”

Next, I want to bring to you yet more good news in the following articles on this same theme of making Iraq great again. Yes, life is going to get really good for Iraqis but only if they can overcome their corruption and revolutionize the way they handle their economy. Al-Sudani gave them a gift. Yes, a head start on this new undertaking for Iraq, which I believe is the direct path to investors of finally realizing what we have been waiting for – the reinstatement back to FOREX. But, as I said they must be able to pull this off (and do it not just talk about it). My CBI contact is very excited about this new undertaking and believes strongly in al-Zaidi. She was in the conference when he met with Ali Alaq (CBI governor) and talked about the future.

Now, let’s also talk about what the US can do for Iraq under Trump. Oh… yes I talked about this movement with Trump to rebuild Iraq. Let’s see what this will mean for Iraq?

Remember this partnership that Trump wants with Iraq and I keep talking about this. Once again, I need to mention this is the primary reason why the Trump administration is standing so firmly on the security issue inside Iraq. The US cannot convince US investors to flock to Iraq unless there is security. Yes, security, security, security!  Iraq cannot have these Iranian backed militias holding Iraq hostage. The terrorist faction’s rockets cannot fly into buildings, factories, malls, etc costing US companies billions to build. I don’t think the stockholders would appreciate this loss of their company’s  revenues. What do you think? I believe Trump gets it! Do the Iraqis?

I firmly believe that it will ONLY be through a partnership with the US, China or some other industrialized, developed nation, that Iraq can complete this economic revolution we are talking about today. It will need massive investment money. The US has been too laid back so far in this effort prior to Trump. It will need the help of the U.S. and the new mantra of ‘Make Iraq Great Again’ (MIGA) following the MAGA movement of the west.

Please take a peek at this article tited “PARTNERSHIP, SECURITY, INVESTMENT, AND TRUMP INVITES AL-ZAIDI TO VISIT WASHINGTON IN MID-JULY”

I quote from the article: “Iraq and the United States affirmed on Tuesday their commitment to strengthening a “strong and mutually beneficial” strategic partnership that includes security, energy, and investment, as well as supporting political and economic stability in the country.”

MIGA Movement in Iraq

Why do you think the Trump administration’s economic hit man special envoy Tom Barrack is in Iraq right now giving his message of cooperation VERY clear to Iraq. But this message also has conditions with it. We all know what they are, don’t we? I’ll say it again – disarm the militias and factions, do it and not just talk about it! I will cover this topic more in my second of the two themes of today’s Newsletter later.

Take peek at this article titled “AMERICAN EFFORTS TO STRENGTHEN ECONOMIC PRESENCE IN IRAQ THROUGH INVESTMENTS AND JOINT PROJECTS.”

Oh…. another article chock-full of information and a good read to learn even more about the coming dinar and its rise again is titled “CAN IRAQ CONTROL ITS REVENUES INDEPENDENTLY OF AMERICAN INFLUENCE? A LEGAL EXPERT EXPLAINS.” Remember that I talked about this issue too many times already in my Newsletters. Can Iraq get off the petro-dollar someday and move towards a petro-dinar. Is that yet another coming goal they will strive for? Why is this so important for Iraq and getting back on the international scene? Read on and find out…..
Legal expert Ali al-Tamimi explains in this article how Iraq can control its oil revenues and funds, free from American influence and control over these funds. But when?

“Iraq’s oil revenues as we all should know by now are deposited with the US Federal Reserve Bank by virtue of UN Security Council Resolution 1483, issued in May 2003. This resolution obligates Iraq to transfer all oil and gas revenues to a special account in the name of the Central Bank of Iraq at the US Federal Reserve.” I will play the devils advocate now with you. Can you image the situation of this last election if the US had no leverage over the dollar transfers from these accounts to Iraq? Remember how Trump began to cut off just even a little bit of the funding and how it changed the elections? Yes, they were able to turn the tide and get rid of Nouri al-Maliki as the candidate for prime minister, oh boy!

So, when Iraq learns to behave and grow up and can qualify to enter the international arena again then this change may occur. Remember Iraq was invaded in the first place because they did not behave. These issues with Iran only hurt Iraq (how stupid of them) in that they can’t yet be trusted no matter how many banking and financial reforms they implement. They must show they are worthy by their STABILITY and SECURITY. Are you beginning to see what this means when Ali al-Alaq tells us he need stability and security first before implementing the Project to Delete the Zeros and we all know this will shortly lead to the Reinstatement. It is the path to the RV.  

Then also in this article, Ali al-Tamimi added that “the Security Council resolution can be amended or revoked by the Council itself, but this requires the approval of a majority of its members, including the five permanent members.”  – “Iraq can someday have greater control over its funds but this will take changes to their politics and level of corruption. So, Iraq must also take steps to reduce its dependence on the US dollar and increase the independence of its fiscal policy.

How does Iraq do this? (quoting from today’s article)

1. It does it by diversifying the currencies in Iraqi reserves,
2. developing a local payment system based on the dinar,
3. increasing cooperation with other countries to facilitate trade in local currencies,
4.  improving the management of foreign reserves, and reducing reliance on the dollar.”

Are each of these items not what we have been reading about in the recent reforms from al-Sudani and I assure you we will be reading more about each of these issues under al-Zaidi too. Remember these words of mine today carefully….. Are these objectives they will strive to complete? Yes, of course they are. These issues are all interconnected with this economic revolution and financial reforms. But these sound more like CBI goals don’t they?

Does it seem to you that when financial issues arise in Iraq they always seem to go back to the dollar and not the dinar? It is because the dinar is backed solely by the dollar, it is pegged only to the US Dollar. Would it make the dinar yet more stable if it could be backed by a ‘basket of currencies’ thus less dependent on the sole dollar? Could this eliminate the parallel market then and restrict the necessity for payments from the US Treasury in dollars only to Iraq to pay its bills? Things could change drastically in Iraq.

The fact is I am mentioning all this and asking these questions because this is exactly what has to happen to the dinar. We were told this would happen in 2011 and is a part of the plan when reinstating the dinar back to the global currency trading markets.

I know it took a lot of explaining to get to make this final point that I just talked about but we should try to understand it. Seeing these four (4) issues in today’s news bring  hope. Hope that they are now getting really serious in defining these goals and moving towards accomplishing them.

Okay, so there was a statement made in the article and I quote “So, Iraq must also take steps to reduce its dependence on the US dollar and increase the independence of its fiscal policy.”

Oh…. “Fiscal Policy” sounds like annual budgeting to me.

Does Iraq have issues in implementing their annual budget? Oh boy, oh boy do they ever! I can remember each year they go through the same old, same old hassles in budgeting. You think maybe, just maybe, they do not have the process correct or some obstacles are in the way? What are these obstacles? Seems to me the process overall may be good. So what else is wrong?

Here is the overall process: The cabinet with the ministers of each ministry get together to determine priority on projects to complete in the following year, then the funding needed to complete them. These are called ‘budget tables’. This budget should be completed by year end or in part. By completed I mean put together, pass on to parliament and finally voted into law by the end of the year. Not spilling over to March or even June of the year the budget is supposed to fund. Get it? So, yes there are grave issues and these issues prohibit the progress in Iraq too of completing vital projects to move it ahead. Some of this work is the needed reforms we need completed to get to the RV. Get it? So, yes, the budget is very important in the overall RV process.

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THE ANNUAL BUDGETING ISSUE:

In regard to the budgeting issue in Iraq, take a peek at the following article titled “HOW IS THE ECONOMY BEING MANAGED? IRAQ IS WITHOUT A BUDGET FOR THE FOURTH TIME SINCE 2003.” This article is yet more proof of what I have been saying about the budgeting process. But is it the process or the barriers to facilitating the process. Does massive corruption cause disputes over the money proposed? Does corruption hinder the completion of many projects? So, it appears the answer is yes to both questions and there is much work to be done to let the said budgeting process actually work for the timetable of providing the budget for the new fiscal year on time, every time.   

Iraq is entering an unprecedented financial phase, with increasing indications that the federal budget for 2026 will not be approved, at a time when the country is facing double pressures represented by the decline in oil revenues and the continuation of regional turmoil that has affected the movement of oil exports, which puts the government before the challenge of managing the economy through temporary spending rules for the fourth time since 2003. Surprise! Surprise! 😊

Iraq is almost entirely dependent on oil revenues, which constitute more than 90% of public revenues, while public finances are facing increasing pressure after the failure to approve spending and revenue schedules, amid fears of the repercussions of this on investment projects, infrastructure, job opportunities and economic growth.

I have yet more recent articles about this budgeting issue so this issue is finally of major concern. Yes, Iraq finally realizes it is biting them in the ass every time they turn around to do something. In place of a budget, they are using a 1/12 budget meaning they only allocate what is needed to keep the government running and no new project funding. It is 1/12 of what they used the previous year. How can you grow an economy when you in chaos constantly?

AN ATTEMPT TO FIX THE BUDGETING ISSUES?

So, here is one article I thought is a nice one to read since it tells us they now realize change is needed in the budgeting process. Did you hear me, I said process. Again was the process really broken or was it corruption or the rentier economy (drop in oil prices) or both that always seemed to hinder getting a sound budget on time? Let’s explore which it may be or maybe both in the recent news titled “PROGRAM BUDGETING IN IRAQ: FINANCIAL REFORM OR A RESTRUCTURING OF THE PUBLIC SPENDING SYSTEM?”

Iraq’s move towards program budgeting reveals an attempt to rebuild the philosophy of public finance management by linking spending to results and objectives instead of the traditional distribution of allocations. The new Finance Minister Faleh Sari announced during his talks with the US Chargé d’Affaires in Baghdad a government plan to prepare a program budget and gradually move away from the traditional system, which would raise the efficiency of spending and link allocations to performance and results, within the framework of a reform vision that enjoys the support of international institutions and seeks to develop the state’s financial management.

I am presenting all this budget stuff to you today because it is important. Budgeting properly is STABILITY. Get it? They must be able to get the budget done on time and allocate funds they have and not borrow. This is called discipline. Seems discipline is not a problem as the Finance Committee does not want to go out and borrow money to pay for the budget when the oil prices dropped. Instead, they cancelled or delayed projects since the funding dried up. But why are budgets always delayed? Seems each year some hiccup (drop in oil prices) renders the budget inoperable and it gets delayed. In fact they NEVER got a budget passed and opened yet after 2003. Correct me if I am wrong. The article is titled “AL-ZAYDI’S ADVISOR: NO RETURN TO RENTIER BUDGETS, NEW PLANS TO DIVERSIFY INCOME SOURCES – URGENT”

On Saturday (June 13, 2026), the Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, expressed his optimism about a plan developed by Prime Minister Ali al-Zaidi to diversify the country’s sources of income, indicating that al-Zaidi confirmed that there is no going back to the rentier budget that depends on selling oil.

Oh… this was music to my ears (eyes) when I read this…. 😊 So, we have read many articles already where Al-Zaidi makes a commitment to follow through on his plan to get off the rentier economy and diversify revenues… alleluia ! I think I will call this his ‘pet’ project since the ‘Development Road’ was al-Sudani’s ‘pet’ project…. Lol.. lol.. lol… Let’s see what happens.

There is yet another recent article worth reading that I want to bring out today titled “MEASURING RESULTS AND ACHIEVING GOALS INSTEAD OF SIMPLY DISTRIBUTING FINANCIAL ALLOCATIONS.”

Observers believe that adopting a program budget represents a qualitative shift in public finance management, as it focuses on measuring results and achieving goals instead of merely distributing financial allocations. If left unchecked this leads to corruption.

This contributes to raising the efficiency of government institutions, reducing waste, improving spending priorities, and enhancing transparency in the implementation of development projects and plans.

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Oh…. so Iraq is moving to a new process called ‘Program Budgeting’. So what is program budgeting?

Define Program and Performance Budgeting: 

Performance budgeting is a budgeting approach that classifies government or organizational transactions into functions and programs aligned with policy goals, establishes performance indicators, and measures the costs and outputs of activities to assess effectiveness and efficiency. Program budgeting, often considered a subset of performance budgeting, emphasizes organizing expenditures by programs to reflect policy objectives and prioritize resource allocation. Both approaches aim to improve transparency, accountability, and decision-making by linking spending to results.

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Understanding the Real Effective Exchange Rate (REER)

The real effective exchange rate (REER) is a measure of a country’s currency value relative to a basket of other major currencies, adjusted for inflation to reflect real purchasing power and trade competitiveness.

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So, if the budgeting process is not broken, then Iraq decided to concentrate on the methodology and changed the methodology not the process. They will change the methodology it uses to put the budget together. Will this exclude the corruptive practices? Will there still be secret payoffs built into the budget for certain projects for certain contractors or the highest bidder? Is this really at the heart of the late budgets? I do not believe this new methodology is going to fix these issues. You see, if they don’t address the corruption no matter what methodology they use it will still fail. Here is some more latest news on this topic of Program Budgeting in the article titled “PROGRAM AND PERFORMANCE BUDGETING: A QUALITATIVE SHIFT IN FINANCIAL RESOURCE MANAGEMENT.”

The Program and Performance Budgeting (PPP), which Prime Minister Ali al-Zaidi directed to be adopted, is a comprehensive system for allocating government financial resources based on actual achievements. It is also a modern financial planning and management tool that links financial allocations to realized results. Instead of blindly funding traditional line items (such as salaries and maintenance), this system allocates funds to specific goals and projects, thereby helping to rationalize spending, enhance transparency, and measure the efficiency of government performance.

Next another article about the budget. I know I am budgeting you to death today….lol…lol… 😊 It is titled “THE DEVELOPMENT FUND: WILL AL-ZAIDI SUCCEED IN CREATING A NEW FINANCING ARM FOR IRAQ?” But what is the concern? What are they trying to tell us?  

Al-Mada/Mohammed Al-Obeidi:
The government’s move to establish a “Development Fund” in Iraq is sparking widespread debate in economic and financial circles, given the country’s financial crisis and the general budget’s heavy reliance on oil revenues. While the government sees the project as an opportunity to attract investments and stimulate economic growth, experts are raising questions about its launch timing, funding mechanisms, and its ability to achieve its objectives under current financial pressures.

But putting this article aside, we already know that al-Zaidi is going to take on the diversification of revenues and get out of the rentier economy. This means no more heavy reliance on oil revenues. Did the author not read al-Zaidi’s near future plans for the economy? So, the author should go study first what is happening before opening his big fat mouth on these topics. Besides the title tells it like it is too. It is a financial arm not the entire story. It is like a safeguard, a stop gap measure.

Oh… now I get it! 😊 The program budgeting methodology was probably recommended  to Iraq by the World Bank to help them. I guess they do have a budgeting issue…lol..lol..lol.. The article is titled “GOVERNMENT: WORLD BANK DELEGATION ARRIVES IN BAGHDAD NEXT WEEK TO PREPARE PROGRAM BUDGET” The question I still have is can they eliminate all the corruption in any budgeting process they undertake and then monitor the layout of the funds to ensure they are going towards the intended purposes and not stolen or used for bribes. That is my real concern too.

Iraqi government spokesman Haider al-Aboudi revealed on Friday (June 12, 2026) that a delegation from the World Bank will arrive in Baghdad next week to complete the requirements for preparing the program budget, enabling Iraq to move towards adopting a budget capable of facing current and future economic challenges. He added, “The World Bank delegation will work with the Ministry of Finance on economic reforms based on sound constitutional principles that address many sectors such as industry, agriculture, education, and others. Over the past years, the Iraqi economy has faced multiple challenges, most notably fluctuations in oil prices, the expansion of operational spending, and pressures to provide job opportunities and improve services, which has prompted government agencies to search for more effective financial and administrative tools to control economic performance.

Imagine if Iraq can submit the next year’s budget on time to parliament to vote and pass it before the beginning of each fiscal year. Can the World Bank help them make it happen?

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UPDATE ON PMF & FACTIONS DISARMING

The second theme is once again all about the militias and disarming them. Remember we have to get through this to get to it. (‘it’ is the RV). There is now lots of talk from Iraq about this issue. The main part I really like is the tide has finally turned and sentiment is now all about supporting the disarmament. The new mantra is to disarm. Yes, it took over six (6) months to get to this point but we are here now. By this statement I mean the popular movement in the country is now to disarm. We are told that in 2017 Iraq was told to disarm. Why didn’t they do it then? Trump was president then but did not concentrate so much on Iraq.

😊 I really like this first article about the disarming. It is titled “AL-ZAYDI RE-ESTABLISHES THE POPULAR MOBILIZATION FORCES AND THREATENS TO REVEAL THE NAMES OF CORRUPT OFFICIALS.”

Al-Aboudi emphasized that this profound economic transformation necessitates decisive action on internal issues, foremost among them the “weapons control” process, which has already begun.

😊 Then this article also on the topic titled “AL-ZAYDI AND TRUMP’S ENVOY ARE “URGENT” TO RESOLVE THE FACTIONS AND CONFISCATE WEAPONS.” The Iraqi government and the United States agreed on a package of strategic, security, and economic understandings focused on the complete disarmament of militias and the consolidation of weapons under state control, as well as providing security guarantees to protect American investment companies.  

😊This funding to these terrorist factions is ridiculousness. Trump is not fooling around. He may cut off dollars again in some way if not disarmed on time. No more words with no action…. This article it titled “TRUMP’S NEW AGREEMENT: 60 DAYS TO TEST THE SERIOUSNESS OF DISARMAMENT AND CUTTING OFF FUNDING TO FACTIONS”

Tom Barrack’s team is developing a plan to support the economy and electricity sector and end Iran’s influence. Remember Iraq is buying electricity from Iran. They already diverted much of their grid to buying Turkey’s electricity while developing their own grid. I think they are going to use natural gas instead of burning off the gas from the oil wells. The infrastructure had to be developed and is ready now. I remember in 2011 under Nouri al-Maliki that Iraq purchased huge electricity power generators. They never did got installed and lay waste as people cannibalized them for parts. What a waste. Do you remember these days? This guy Maliki was a loser! ☹  

Shiite parties and armed factions are preparing to receive Tom Barrack, the US President’s envoy to Iraq and Syria, with a different version of their traditional rhetoric. The most prominent theme is demonstrating their readiness to engage in a new phase, one less reliant on weapons and more aligned with the logic of the state.

😊 Yet another article with a different tone on the need to restrict weapons and “disarm” everyone “BARAK IN BAGHDAD: REMOVING FACTION LEADERS, CLOSING BANKS, AND “OPEN OPTIONS” IN CASE OF FAILURE!”

Al-Zaydi emphasizes the need to restrict weapons and “disarm” everyone. US envoy Tom Barrack arrived in Baghdad carrying what resembled a roadmap for the future relationship between Washington and Iraq, but the roadmap was not without warnings. According to multiple political sources, Barrack hinted at “unlimited options” if Baghdad failed to implement commitments related to disarming the factions, cutting off their funding sources, and restructuring the financial networks of influence associated with them.

The sources say that the list of American conditions is not limited to the security aspect, but extends to banking and economic files and controversial figures, all placed within a framework described as a project to “dismantle” or “prevent” the systems of influence that have formed over the past years.

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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. We are not in control over these obstacles.

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 an important tool we have to lead us on our path. They are more important now 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

“The Fraud In California Is Coming To An Abrupt End”

Go to the 11:15 mark in video for the prophecy. From June 14^th.        

PERSPECTIVES ON THE IRAQI DINAR PROPHECIES

   

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.  

WILL TRUMP BE PRESIDENT IN 2016?

Against all odds God sends his anointed one to us not just in 2016 but two terms. Even after losing in 2020 many again told us, he would never get into the presidency again. Wrong again! It is God now making all the rules.

If you ever doubted if God existed and if His hands are working to end the corruption in American politics and bring American to it’s greatness again, watch these two videos.

Video 1: The first one is the prophecy by Kim Clement in 2007. Folks its given 9 years prior to Trump’s first term. Don’t you think this is kind of weird? Think, Think, and Think some more of what heck is going on here. I have never seen God work like this.

Video 2: Then the second video may seem like a comedy skit, and it may even be of those with no faith, but the last laugh is on them, ha, ha, ha,,,, 😊 isn’t it…..

This is a compilation of people who told us that Donald Trump would never be president. Really? Yes, but us Christians we knew better, didn’t we…….? We also knew why he was chosen to be president and what his task was and is not still ongoing. He is anointed by God to lead this country through these difficult times, bring us back to Christ, end the corruption, lower taxes (slavery), follow the constitution, make those responsible for the corruption accountable. There’s so much more this man is doing and it is hard to describe all of it here today. I just thought it would be nice for all of us to see God’s hand at work. We must honor our current president. Remember he did not have to run for president and surely, he could give up anytime, but choses to continue.

This is what I have been insistent in telling everyone. What is going on with Iraq is not just a currency reset. There is so much more to it. There is a spiritual aspect to it. We must also follow the spiritual and see it manifested in the physical. Does it surprise you that it will be Trump that gives us the long-awaited reinstatement? I don’t even know if he knows just how prophetic he is. It is not just by Kim Clements words, but by his own actions once elected as president. They are becoming more and more apparent now that he is addressing the middle east, the UN, the Federal Reserve and much more. Let’s watch and see how it all plays out.  

I also want to remind you that it may seem funny that Kim Clement gets the crowd chanting ‘no more war’ even though Trump’s administration is fighting a war with Iran and trying to stop the war in Ukraine. Things in prophecy are not always as they seem on the surface. We add our own opinions.

Having said this, I have to add that it is NOT at all funny that Trump had to pick up the pieces to end this terrorism and corruption that has been going on way too long through/from the middle east. Why do these democrats not realize there is still on ongoing war on terrorism? Trump did not start this war but I believe he will end it. To end it means using the power of force not pacification. So, let’s see if ‘no more war’ is our future after Trump is finished with them.

Video 1:

Video 2:

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.

AL-ZAYDI RE-ESTABLISHES THE POPULAR MOBILIZATION FORCES AND THREATENS TO REVEAL THE NAMES OF CORRUPT OFFICIALS.

The government of Ali al-Zidi reveals its intention to leave the “traditional spending budget” and move to a “program budget,” which will be done in direct coordination with the World Bank, whose delegation will arrive in Baghdad next week, as the official spokesman for the government, Haider al-Aboudi, says in an interview with journalist Hossam al-Hajj, which was followed by the 964 network .

Al-Aboudi emphasized that this profound economic transformation necessitates decisive action on internal issues, foremost among them the “weapons control” process, which has already begun. Regarding the control mechanisms, he explained that the forces affiliated with the Popular Mobilization Forces (PMF), whether factions or other groups designated within the organization as brigades with numerical designations, will not remain affiliated with these brigades due to the political disassociation process. Instead, these human resources will be redistributed within the PMF according to a new vision.

Regarding the fight against corruption, Al-Aboudi says that Al-Zidi’s government will move to strike corruption networks forcefully, vowing to reveal the names of those involved and the political entities protecting them to the public, if the looted funds are not quickly returned to the state treasury.

Al-Zaydi and the state’s monopoly on weapons

Regarding the issue of loose weapons, Al-Aboudi said, “When Prime Minister Ali Al-Zidi was assigned his task, the political forces viewed him as a solution and approach to an economic crisis. This solution, which Al-Zidi personally adopts, stems from the vision that the economy is what leads the state, and the economy needs a safe environment in which investment is attracted and economic partnerships flourish. This climate needs a preceding step related to internal security.”

He continued: “The current government is 28 days old, and has not completed a month, but it has begun to unravel complex files, foremost among them being the restriction of weapons to the state. Here we do not mean the mere weapons that are placed in warehouses. The point is not to collect these weapons in warehouses and inventory them, but the point is that those who possess these weapons comply with the state’s decision only, far from any external political directives related to the extension of this element that possesses the weapons.”

Regarding the mechanisms for restricting weapons, he added: “Forces associated with the Popular Mobilization Forces, whether they are factions or other groups named within the organization under the names of brigades in the form of numbers, the process of severing political ties with their authorities does not allow, according to the adopted mechanism, for individuals to remain affiliated with these brigades. Rather, these human resources will be redistributed within the Popular Mobilization Forces according to a new vision.”

He pointed out that “in September of this year, the presence of the international coalition in Iraq will end, and with this timeframe, some reasons will end, and other reasons will be born after it, which is that everyone is required to maintain and participate in protecting Iraq. After September, there will be no presence of the international coalition, and there will be no requirements for resistance as there were previously.”

Al-Zaydi strikes at corruption: Return the money or we will expose you

As for the anti-corruption file, Al-Aboudi revealed that “the government of Prime Minister Ali Al-Zidi, since it was granted confidence until this moment, has submitted to the Integrity Commission and the regulatory authorities clear corruption files in the fields of oil, transportation and electricity, and this work is continuing to identify the sources of corruption.”

He explained that “the Prime Minister said it verbatim in more than one Cabinet session, that he would not hesitate to reveal those involved, whether they were shareholders or beneficiaries in full, unless they returned the money to the state clearly, otherwise we will be forced to announce the names.”

He stressed that “the decision has been made not to look at the party that protects the corrupt, but rather to implement the decision immediately, and the Prime Minister’s directives in this regard are that there should be no hesitation, because the man (Al-Zaydi) is entrusted with managing the stage and saving what can be saved in these days that are witnessing complexity at the economic level.”

The era of spending is over, and program budgeting has arrived.

Regarding the economy, Al-Aboudi explained that “there is a trend to move away from the mentality of sustainable spending towards a budget of programs that cover the requirements of the state’s developmental areas, by providing a climate for the private sector, achieving partnerships and a productive economy, as well as providing space to introduce an economic vision based on the Development Fund.”

He added: “This fund, along with the budget for programs that cover the needs of development sectors, is essential. The state cannot rely on its full weight and functional apparatus to secure salaries for nearly 4 million employees, as if this is all that is required of the Iraqi state. The development aspect requires that we open a clear line with the private sector, and we also need international contributions.”

Al-Aboudi concluded his remarks by saying: “The budget for the programs that the current government is moving towards adopting is being done in coordination and cooperation with the World Bank, and next week an international delegation from the bank will come to complete and set the starting line for implementation, in cooperation with the Finance Committee in the Iraqi Parliament.”

Al-Aboudi pointed out that “it was not in my mind to be assigned the task of the spokesperson for the Iraqi government, due to the contexts that there are prerequisites that require being part of certain political environments or specific affiliations, but when I was contacted and met with Prime Minister Ali Al-Zaidi, I confirmed that I am an independent man, and he told me: That is what is required.”

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DESPITE FINANCIAL REFORM EFFORTS, IRAQIS STILL HOLD BILLIONS OF DINARS OUTSIDE OF BANKS.

Reforming the banking sector represents one of the most prominent economic challenges facing Iraq at the present stage, given the need to build a financial system capable of supporting development, stimulating investment, and enhancing trust between citizens and banking institutions.

Despite the expansion of loan and credit programs over the past years, challenges related to oversight, governance, transparency, and limited reliance on digital technologies continue to hinder the achievement of the desired goals.

Experts have confirmed that the success of any banking reform requires moving from traditional treatments to a modern system that relies on digitization, effective supervision, and the development of the legislative and credit infrastructure to ensure the sustainability of financing and reduce risks. Economic expert Ahmed Al-Tamimi believes that this success depends on adopting a comprehensive reform program that is not limited to administrative procedures, but extends to modernizing the legislative, supervisory, and technological infrastructure of both government and private banks.

Al-Tamimi told Baghdad Today on Friday (June 12, 2026) that “the crisis of advances and loans granted to citizens is not only related to the size of the available funding, but also to the mechanisms for granting loans, following up on them, and evaluating the creditworthiness of borrowers. Addressing this crisis requires the establishment of unified databases for borrowers and the development of a modern credit rating system that reduces cases of default and ensures that funding is directed to those who are eligible and able to repay.”

He explained that “achieving fairness in lending and controlling banking liquidity requires adopting clear and transparent standards in granting loans, away from interventions and mediations, with the need to expand the base of financial inclusion and increase reliance on official banking instruments instead of cash trading outside the banking system, which contributes to enhancing financial stability and raising the efficiency of liquidity management.”

He added that “weak financial oversight during the past years has contributed to the rise in default rates in some loans and advances, as a result of inadequate follow-up and auditing procedures and the absence of early warning systems for credit risks. Strengthening the role of regulatory bodies and activating governance and compliance within banks represent a fundamental pillar to reduce these problems.”

He added that “the shift towards digital banking systems has become an urgent necessity, not an option, as digital technologies, electronic payment systems, electronic archiving, and digital loan application and follow-up platforms can reduce opportunities for corruption and bureaucratic red tape, speed up the completion of transactions, raise the level of transparency, as well as enable regulatory bodies to track financial operations more accurately and efficiently.”

Al-Tamimi stressed that “reforming the Iraqi banking sector is achievable if it is coupled with political will, professional management, and serious investment in technology and oversight, because building a modern and reliable banking sector is one of the most important conditions for revitalizing the economy, attracting investments, and achieving sustainable development in Iraq.”

For years, the Iraqi banking sector has suffered from accumulated challenges related to weak financial inclusion, widespread reliance on cash transactions, and limited digital banking services compared to global standards.

Banks also face challenges related to loan and advance management, borrower follow-up, and creditworthiness assessment, in addition to the need to update control, compliance, and governance systems.

In recent years, the government has moved towards adopting financial and banking reform programs aimed at expanding the use of electronic payment, promoting digitalization, and improving the investment environment, amid increasing calls from experts to link banking reforms with modern technology and effective supervision to ensure the building of a more efficient financial sector capable of supporting the national economy.

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PRIME MINISTER’S ADVISOR: GROWING INTERNATIONAL INTEREST IN IRAQ’S BANKING REFORM PROGRAM

The Prime Minister’s Advisor for Banking Affairs, Saleh Mahoud, affirmed on Wednesday that Iraq is making steady progress towards building a more efficient, open, and integrated financial sector within the global economy. He noted the growing international interest in the country’s banking reform program.

In a statement received by Al-Eqtisad News, Mahoud said he participated over the past three days in a working visit to London as part of an Iraqi banking delegation that included representatives from the Central Bank of Iraq, the Association of Iraqi Private Banks, and several other banks and electronic payment companies. The visit aimed to strengthen international cooperation and support the financial and banking reform process in Iraq.

He added that the visit, organized in coordination with the British Embassy in Iraq, provided a platform for dialogue between Iraqi and British financial and banking institutions, thereby enhancing economic and financial cooperation between the two countries.

He explained that on the first day, the delegation held meetings with Hogan Lovells, a firm specializing in legal consulting on financial and banking legislation, and also participated in a dialogue with Chatham House. He emphasized the government’s full support for the banking reform projects led by the Central Bank of Iraq in cooperation with international consulting firms.

He noted that the meetings held at the British Parliament addressed the development of banking and economic cooperation, encouraging British investment in Iraq, and strengthening partnerships between financial institutions in both countries.

Mahoud explained that the visit reflected the level of international interest in Iraq’s banking reform program, emphasizing that Iraq continues to implement plans to develop its financial sector in accordance with international standards and to enhance the investment climate and economic growth.

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PROGRAM BUDGETING IN IRAQ: FINANCIAL REFORM OR A RESTRUCTURING OF THE PUBLIC SPENDING SYSTEM?

Iraq’s move towards program budgeting reveals an attempt to rebuild the philosophy of public finance management by linking spending to results and objectives instead of the traditional distribution of allocations.

This trend comes at a time when the region is facing accelerating economic and regional challenges that require governments to adopt more flexible policies in managing resources, as Baghdad affirms that it continues to work on protecting financial stability and ensuring the financing of basic obligations, in parallel with preparing visions for future budgets that are compatible with local and international changes.

Finance Minister Faleh Sari announced during his talks with the US Chargé d’Affaires in Baghdad a government plan to prepare a program budget and gradually move away from the traditional system, which would raise the efficiency of spending and link allocations to performance and results, within the framework of a reform vision that enjoys the support of international institutions and seeks to develop the state’s financial management.

CAREFUL STUDY

In this context, MP Hussein Al-Khafaji, a member of the Parliamentary Finance Committee, revealed that “the Finance Committee will discuss with the relevant executive authorities the various indicators and data related to the financial situation, in order to ensure that decisions are made based on accurate information and a comprehensive vision.”

He then explained that “there are important files related to strategic projects, contracts and government commitments that need careful study in order to maintain the continuity of work and serve the public interest.”

He added that “the upcoming meetings will provide a clearer picture of the financial path during the next stage, especially in light of the current economic conditions, which will help to formulate a realistic vision regarding the budget and government spending.”

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MEASURING RESULTS AND ACHIEVING GOALS INSTEAD OF SIMPLY DISTRIBUTING FINANCIAL ALLOCATIONS

Observers believe that adopting a program budget represents a qualitative shift in public finance management, as it focuses on measuring results and achieving goals instead of merely distributing financial allocations. This contributes to raising the efficiency of government institutions, reducing waste, improving spending priorities, and enhancing transparency in the implementation of development projects and plans.

Experts also point out that the continued coordination between the government, the parliamentary finance committee and the central bank reflects the existence of an institutional path for managing the financial file, especially in light of the keenness to secure basic expenditures and protect economic stability, in parallel with reviewing spending priorities and developing financial planning tools to keep pace with current changes.

While technical discussions on the upcoming budget continue, the government appears to be moving forward with adopting structural reforms aimed at modernizing financial management, improving the efficiency of resource use, and creating a more sustainable environment for public spending, in order to ensure the continued implementation of vital projects, support basic services, and enhance confidence in the national economy during the next phase.

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GOVERNMENT: WORLD BANK DELEGATION ARRIVES IN BAGHDAD NEXT WEEK TO PREPARE PROGRAM BUDGET

Iraqi government spokesman Haider al-Aboudi revealed on Friday (June 12, 2026) that a delegation from the World Bank will arrive in Baghdad next week to complete the requirements for preparing the program budget, enabling Iraq to move towards adopting a budget capable of facing current and future economic challenges.

Al-Aboudi told Baghdad Today that “next week will witness the arrival of a delegation from the World Bank to complete the requirements for preparing a program budget through which Iraq can proceed with preparing a program budget that can meet the challenges,” indicating that “Prime Minister Ali Falih Al-Zaidi places the economic aspect among his top priorities.”

He added, “The World Bank delegation will work with the Ministry of Finance on economic reforms based on sound constitutional principles that address many sectors such as industry, agriculture, education, and others. Since the government took office after gaining the confidence of Parliament, the focus has been on empowering state institutions to improve their work.”

He pointed out that “the government and the Prime Minister’s vision is to support the Financial and Economic Council in order to work on building a financial and economic system to face current and future challenges.”

Over the past years, the Iraqi economy has faced multiple challenges, most notably fluctuations in oil prices, the expansion of operational spending, and pressures to provide job opportunities and improve services, which has prompted government agencies to search for more effective financial and administrative tools to control economic performance.

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SUDANI: COORDINATION FRAMEWORK BACKS PM TO IMPLEMENT WEAPONS RESTRICTION PLAN

Mohammed Shia al-Sudani, head of the Reconstruction and Development Coalition, said the Coordination Framework has authorized Prime Minister Ali al-Zaidi to move forward with implementing the government program on restricting weapons to state control, following a meeting with U.S. Embassy Chargé d’Affaires Joshua Harris.

Sudani said “the Reconstruction and Development Coalition and the rest of the Coordination Framework forces authorized the prime minister to implement what was stated in the government program regarding restricting weapons to the hands of the state,” stressing continued support for “the plan in place to facilitate the implementation of this path, in a way that enhances the authority of the state and preserves security and stability.”

He also stressed the need to legislate laws regulating the rights of the PMF and its members “in a way that guarantees preserving their sacrifices and strengthens their presence within the legal and institutional frameworks of the state.”

On bilateral relations, Sudani said Iraq seeks to develop ties with the United States in economic development, energy, investment and infrastructure, describing Iraq as moving “seriously toward providing a safe and attractive investment environment.” He added that Iraq aims to achieve independence in the gas and energy sectors through local production and diversified oil export outlets, and called for shifting the U.S.-Iraq military relationship toward bilateral cooperation rather than the international coalition formula.

Harris expressed U.S. appreciation for efforts to restrict weapons to the state and reaffirmed Washington’s readiness to support Iraq’s energy sector and proceed with projects tied to bilateral memorandums of understanding signed by U.S. companies.

Iraq formally began integrating Saraya al-Salam into the state security structure at a ceremony in Samarra last Thursday, following Muqtada al-Sadr’s May 27 announcement that the group would come under state authority. The precise command structure for compliant factions has not been publicly detailed, with official statements using broad terms such as “integration” and “restructuring” without specifying whether fighters will be absorbed individually into army units or remain as intact formations.

Harakat al-Nujaba, Kataib Hezbollah and Kataib Sayyid al-Shuhada have rejected disarmament, describing their weapons as “a trust and a duty.” The U.S. State Department’s Rewards for Justice program has offered up to $10 million each for information on Harakat al-Nujaba’s Akram al-Kaabi, Kataib Hezbollah leader Ahmad al-Hamidawi and Kataib Sayyid al-Shuhada secretary-general Abu Ala al-Walaei.

Since the regional war began in late February, Iran-aligned factions under the Islamic Resistance in Iraq umbrella have carried out repeated drone, rocket and missile attacks on U.S. military and diplomatic targets in Baghdad and the Kurdistan Region, while the United States has struck PMF-linked positions across multiple governorates, killing dozens of fighters.

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46% NON-OIL: AN AMBITIOUS GOAL FOR RESTRUCTURING IRAQ’S FINANCES

The advisor to the Prime Minister for Financial and Economic Affairs, Mazhar Muhammad Saleh, affirmed that the government program represents an integrated strategic framework for achieving financial and economic diversification, and aims to reduce dependence on oil by enhancing non-oil revenues and expanding the productive base of the national economy.

Saleh added in a special statement to “ Al-Jarida ” that these trends fall within the “Iraq 2050” vision, which is based on reforming public finances and consolidating the principles of a social market economy, in order to achieve a balance between the developmental role of the state and the effectiveness of the market and the private sector, and to establish a long-term structural transformation in the Iraqi economy.

He explained that the vision requires an integrated reform and legislative framework that establishes the foundations of sustainability, efficiency and flexibility in fiscal policy, noting that one of its most prominent goals is to raise the contribution of non-oil revenues to the general budget to no less than 46% of total revenues by 2050, which will enhance financial sustainability and reduce the impact of fluctuations in global oil markets.

He pointed out that the government plan also aims to increase the private sector’s contribution to GDP compared to current levels, reflecting the Iraqi economy’s shift to a model that relies more on investment, individual initiative, job creation, and stimulating sustainable growth.

Saleh explained that achieving these goals will be through activating the national strategy for developing the private sector, and implementing institutional, legislative and regulatory reforms that contribute to improving the business environment, enhancing competitiveness and expanding the base of local and foreign investment.

He stressed that the Market Development Council will play a pivotal role in regulating market institutions according to the principles of governance, transparency and efficiency, creating an attractive investment environment, as well as supporting private sector-led projects in the manufacturing, agriculture, logistics and digital economy sectors.

He concluded by saying that this approach aims to build integration between reforming the financial sector and developing the productive sectors, which will contribute to reducing the rentier nature of the Iraqi economy and establishing a development model based on productivity, competitiveness and partnership between the state and the private sector, leading to building a diversified and sustainable economy that achieves prosperity by 2050.

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HOW IS THE ECONOMY BEING MANAGED? IRAQ IS WITHOUT A BUDGET FOR THE FOURTH TIME SINCE 2003.

Iraq is entering an unprecedented financial phase, with increasing indications that the federal budget for 2026 will not be approved, at a time when the country is facing double pressures represented by the decline in oil revenues and the continuation of regional turmoil that has affected the movement of oil exports, which puts the government before the challenge of managing the economy through temporary spending rules for the fourth time since 2003.

Iraq is almost entirely dependent on oil revenues, which constitute more than 90% of public revenues, while public finances are facing increasing pressure after the failure to approve spending and revenue schedules, amid fears of the repercussions of this on investment projects, infrastructure, job opportunities and economic growth.

temporary spending

In this context, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, says that the financial policy during the year 2026 is still managed in accordance with the provisions of the Federal Financial Management Law No. 6 of 2019, especially Article 13, which allows spending at a rate of (1/12) per month of the expenses of the previous year in the event of a delay in approving the budget.

Saleh explained to Shafaq News Agency that this mechanism “enabled the continuity of public spending, especially salaries, wages, pensions and social welfare, in addition to financing basic investment expenditures and ongoing projects according to completion rates and available liquidity.”

But Saleh acknowledges that public finances are facing increasing pressure as a result of geopolitical developments and fluctuations in global energy markets, which has impacted oil revenues as the main source of funding for the public treasury.

He indicates that the government is currently moving towards preparing the 2027 budget within a reform framework that focuses on the efficiency of public spending, rationalizing operational expenses, protecting social programs, and giving priority to economically viable projects, as well as diversifying revenues and promoting digital transformation and administrative reform.

This comes after about 16 months of no budget schedules being approved, at a time when the three-year budget for the years 2023, 2024 and 2025 represented the last integrated financial framework for government spending before it effectively ended at the end of 2025.

Suspended projects and postponed development

For his part, economist Diaa Al-Mohsen believes that the greatest impact of the absence of a budget will fall on investment spending, because the budget is not just a financial document, but a tool for managing the state’s economic and investment activity.

Al-Muhsin tells Shafaq News Agency that the absence of a budget practically means difficulty in launching new development projects or expanding infrastructure projects, including roads, bridges, schools, hospitals, electricity and water networks, as well as delays in government contracts.

He adds that ministries and governorates will gradually lose the ability to plan in the medium and long term, while the contribution of government spending to stimulating economic activity will decline, which will directly affect the contracting, industry, transport and services sectors.

These concerns coincide with previous parliamentary data that spoke of more than 4,500 stalled projects across Iraq, some of which have been halted for years, at a time when experts believe that the absence of a budget will add new projects to the long list of stalled projects.

Recruitment under pressure

The impact of the lack of a budget is not limited to investment projects, but extends to the government employment file, which represents one of the most prominent outlets for absorbing graduates in Iraq.

Al-Muhsin confirms that appointment opportunities will be very limited, with exceptions likely to be restricted to specific sectors such as health, education, and security services, warning that this will lead to increased social pressures in light of rising unemployment rates among young people.

For his part, economic researcher Ahmed Eid says that spending according to the (1/12) rule ensures the continuation of salaries and basic services, but it does not provide the necessary flexibility to launch new projects or expand investment spending.

Eid adds to Shafaq News Agency that the absence of a budget imposes a state of financial uncertainty and limits the government’s ability to implement its economic plans efficiently. It also negatively affects companies contracted with the state and local and foreign investors due to the lack of a clear vision for future projects.

Accumulating risks

Experts believe that the absence of a budget presents a financial paradox. On the one hand, it leads to a decline in investment spending, which may reduce the financial deficit in the short term, but on the other hand, it weakens economic growth and leads to a decline in non-oil revenues related to economic activity.

Al-Muhsin explains that the deficit may improve numerically as a result of lower capital expenditures, but the economy will pay the price later through a decrease in productive capacity, a decline in job opportunities, and the continued dominance of operating spending at the expense of productive investment.

This comes at a time when public finances are facing additional challenges related to declining oil exports and regional market turmoil, which increases the likelihood of resorting to domestic borrowing to finance essential expenditures.

difficult economic situation

Financial expert Mahmoud Dagher believes that the absence of a 2026 budget is different from previous cases witnessed by Iraq, explaining that the House of Representatives did not approve the spending and revenue schedules during 2025, which is an issue he describes as having great technical and legal importance when applying the (1/12) rule.

Dagher told Shafaq News Agency that the country is currently going through “the most difficult economic situation,” adding that talking about appointments or expanding spending seems difficult at the present stage, because the priority is focused on securing salaries and some governing expenses by financing the deficit through the Central Bank.

He emphasizes that the main challenge is no longer achieving rapid economic growth, but rather reaching the highest levels of efficiency in spending and controlling expenditures to protect foreign reserves, which represent the primary line of defense for the stability of the Iraqi dinar and the financing of imports.

Public debt and borrowing

Concerns are growing about the impact of the absence of a budget on public debt levels, especially with continued pressure on oil revenues.

In this regard, Ahmed Eid says that the government may be forced to expand its domestic financing tools through levies, taxes and borrowing from local banks, warning that this path raises financial risks in the medium term if it is not accompanied by real reforms to control spending and enhance non-oil revenues.

These concerns are consistent with previous warnings issued by economic experts regarding the widening gap between revenues and expenditures, in light of the rise in domestic debt during the past months and the government’s reliance on exceptional financing tools to cover its basic obligations.

Managing the economy without a budget

In theory, experts say the government can manage the country through temporary spending rules, but with limited efficiency.

Al-Muhsin asserts that these rules allow for the payment of salaries, the continuation of public services, and the financing of some ongoing projects, but they do not provide an effective framework for managing economic development, because investment decisions become restricted and economic planning loses its clarity, while investors and governorates face an increasing state of uncertainty.

He summarizes the matter by saying: “The state can be managed, but development is difficult to manage.”

In contrast, economist Safwan Qusay calls for finding alternative sources of funding for investment projects outside the framework of the traditional budget.

Qusay tells Shafaq News Agency that continuing to spend according to the (1/12) rule is practically limited to operational expenses, which requires finding special mechanisms to finance investment projects through borrowing laws or partnerships with the private sector and investors.

It is proposed to expand the role of investment portfolios and investment bodies by offering infrastructure and service projects to investors in exchange for investment opportunities in the commercial, tourism and real estate sectors, in order to ensure the continuity of project funding and prevent its interruption.

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CASH VERSUS DIGITALIZATION: WILL IRAQ SUCCEED IN ITS FINANCIAL TRANSFORMATION?

Economic experts believe that reforming the Iraqi banking sector and accelerating the shift towards electronic payments are two essential pillars for addressing many of the financial and economic challenges facing the country, from the loan and advance crisis to enhancing transparency, combating corruption, and stimulating investment.

Economic researcher Ahmed Al-Tamimi affirms that the success of any banking reform process requires a comprehensive program that is not limited to traditional administrative procedures, but extends to modernizing the legislative, regulatory and technological structure of government and private banks.

Al-Tamimi explained that the loan and credit crisis is not only related to the amount of money available for lending, but also to the mechanisms for granting financing, monitoring borrowers, and assessing their creditworthiness.

He pointed out that addressing this crisis requires the creation of unified databases for borrowers and the development of a modern credit rating system that contributes to reducing default rates and ensuring that financing reaches eligible borrowers who are able to repay.

Controlling liquidity and promoting financial inclusion

He added that achieving fairness in granting loans requires adopting clear and transparent standards, free from interference and mediation, while expanding the base of financial inclusion and increasing reliance on official banking instruments instead of cash transactions outside the banking system.

He explained that this transformation contributes to enhancing financial stability and improving liquidity management within the banking sector, as well as raising the efficiency of the financial performance of economic institutions.

He also pointed out that weak oversight in recent years has contributed to higher default rates on some loans due to inadequate auditing and follow-up procedures and the absence of early warning systems for credit risks.

He stressed that strengthening governance and activating control and compliance tools within banks are essential steps to reduce these problems and improve the quality of banking services.

Electronic payment is an economic necessity.

For his part, economic researcher Sadiq Al-Azraqi believes that the shift towards electronic payment is no longer just a technical option or a modern means of payment, but has become an economic and administrative necessity imposed by the nature of the modern economy and the requirements of transparency and financial stability.

He explained that the Iraqi economy still relies heavily on cash liquidity stored outside the banking system, which limits the state’s ability to monitor the movement of funds and manage economic activity efficiently.

He added that expanding the use of electronic payment tools would bring a large portion of circulating funds into the formal economic cycle, which would help regulate financial activity and reduce the risks of money laundering and tax evasion.

He pointed out that electronic systems also reduce the costs associated with cash management, including transportation, protection, manual inventory and counterfeiting risks, as well as making it easier for citizens to access various banking services such as loans, savings and investment.

Challenges of digital transformation

Despite the significant benefits expected, Al-Azraqi emphasizes that digital transformation still faces a number of challenges in Iraq, most notably the lack of confidence in the banking sector as a result of accumulated crises and past experiences, in addition to problems related to the stability of electricity and internet services.

He also noted that small and medium-sized business owners have concerns that electronic payment methods could become a means of pursuing them for tax purposes or imposing additional financial burdens on them.

He added that Iraqi society still tends to deal with direct criticism, which constitutes a cultural barrier that needs time and extensive awareness programs to overcome.

Combating corruption and promoting transparency

Al-Azraqi believes that one of the most important gains of digital transformation is the reduction of financial and administrative corruption, because electronic transactions leave a digital trace that can be tracked and reviewed, unlike cash transactions which are difficult to monitor.

He explained that the digital economy provides the state with a huge database that helps it understand consumption patterns, manage markets, predict supply crises, and monitor prices more accurately.

He added that the success of this transformation requires simultaneous administrative and legislative reforms, as well as providing incentives that encourage citizens and business owners to use electronic payment methods.

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BARZANI REFUSES TO HAND OVER PESHMERGA AND ASAYISH WEAPONS TO THE FEDERAL GOVERNMENT

Independent Kurdish politician Didar Haval revealed on Friday that Masoud Barzani informed a US official of his refusal to hand over the Peshmerga and Asayish weapons to the federal government. 

Haval told the Information Agency, “A US envoy asked Masoud Barzani to hand over the Peshmerga weapons to the federal government, but he refused this request. Washington’s move comes as it seeks to dissolve these forces and integrate them into a single security system.” 

He added, “Masoud Barzani emphasized to the US envoy that the Peshmerga weapons represent the identity and symbol of the history and sacrifices of the Kurdish people, and are not merely a fighting arsenal. He also stressed that the region’s forces and security institutions are not subject to any plans to dissolve or merge the factions.”

He explained that “disagreements arose between the Trump administration and Masoud Barzani following the theft of a shipment of advanced American weapons intended for the Iranian opposition and their distribution to the Peshmerga forces, in addition to the fact that the Peshmerga forces did not participate with the Iranian opposition in striking inside Iran to overthrow its regime,” noting that “Barzani refused to include these forces in the “weapons control” projects of the federal government in Baghdad.”

He confirmed that “these are regular forces under the supervision of the regional presidency.”

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PROGRAM AND PERFORMANCE BUDGETING: A QUALITATIVE SHIFT IN FINANCIAL RESOURCE MANAGEMENT

The Program and Performance Budgeting (PPP), which Prime Minister Ali al-Zaidi directed to be adopted, is a comprehensive system for allocating government financial resources based on actual achievements. It is also a modern financial planning and management tool that links financial allocations to realized results. Instead of blindly funding traditional line items (such as salaries and maintenance), this system allocates funds to specific goals and projects, thereby helping to rationalize spending, enhance transparency, and measure the efficiency of government performance.

Experts in the government’s shift to program-based budgeting see it as an important step to address the imbalances that have plagued traditional budgets in recent years, stressing that its success hinges on implementing institutional reforms. Integrated technical and administrative systems.

A NECESSARY TRANSFORMATION

In this regard, financial expert Dr. Mustafa Akram Hantoush stated that adopting a program-based budget is a necessary shift after decades of operating with a line-item budget, which saw the allocation and expenditure of enormous sums on projects, many of which remain incomplete. He explained that the essence of the new budget lies in linking government spending to specific objectives and measurable results by focusing on a limited number of priority projects and sectors and ensuring their completion within clear timeframes. This contributes to reducing financial waste and increasing efficiency. 

Using public resources.

Hantoush added, in an interview with Al-Sabah, that this approach could provide a more effective basis for implementing major strategic projects, especially in the infrastructure, energy, and transportation sectors, such as electricity projects, the Grand Faw Port, and the Development Road, thus enhancing economic growth opportunities and supporting diversification efforts. Sources of national income.

Information system

Meanwhile, banking expert Dr. Nabil Rahim Al-Abadi stated that the shift to program budgeting is not limited to changing the budget preparation mechanism, but requires building an integrated financial and administrative system capable of monitoring implementation and measuring performance in real time. He explained that one of the most prominent challenges facing government spending in recent years has been the accumulation of obligations and the disruption of disbursements due to weak systems. 

Administrative and oversight aspects necessitated the development of a unified government financial information system that links all state institutions to the public treasury and provides accurate and immediate data on progress rates. 

And spending levels.

In his interview with Al-Sabah, Al-Abadi stressed that the success of the program budget hinges on the state’s ability to develop the banking sector and enhance digital transformation and e-governance. He pointed out that directing spending towards productive investment projects can have positive effects on economic growth and monetary stability, while weak or delayed implementation could lead to increased liquidity without returns. 

REAL ECONOMY.

In a related vein, economic researcher Dr. Mustafa Muhammad Ibrahim considered program and performance budgeting to be one of the most important paths required to achieve economic reform in Iraq, especially given the continued heavy reliance of the national economy on oil revenues. He explained that this type of budget provides more accurate mechanisms for measuring government performance and monitoring spending efficiency, in addition to its role in enhancing transparency and accountability. 

Within public institutions.

Ibrahim added, in an interview with Al-Sabah, that implementing program budgeting requires professional independence in budget preparation and utilizing specialized economic and financial expertise, in addition to developing the legal and administrative environment that ensures the implementation of programs according to clear objectives and indicators. 

Measurable performance, indicating that true reform is not achieved merely by adopting the concept, but rather by providing the executive will capable of transforming it into a practical reality that is reflected in the level of services. 

Economic development.

He argued that program and performance budgeting presents a significant opportunity to restructure and improve the efficiency of public spending. However, he noted that its success requires a set of essential conditions, foremost among them government digitalization, the development of banking and regulatory systems, enhanced transparency, and linking spending to results. This ensures a shift from managing resources based on financial allocations to managing them according to performance indicators and development goals, which constitutes a fundamental pillar for achieving economic reform sustainable in Iraq.

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AL-ZAYDI’S ADVISOR: NO RETURN TO RENTIER BUDGETS, NEW PLANS TO DIVERSIFY INCOME SOURCES – URGENT

On Saturday (June 13, 2026), the Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, expressed his optimism about a plan developed by Prime Minister Ali al-Zidi to diversify the country’s sources of income, indicating that al-Zidi confirmed that there is no going back to the rentier budget that depends on selling oil.

Saleh told Baghdad Today, “It is shameful that we still import some oil derivatives to this day, in addition to our reliance on selling crude oil, at a time when, if a barrel of crude oil were to be put into manufacturing and conversion processes into petroleum products, its value could rise to nearly seven times its price.”

He added that “the price of a single barrel, after being converted into petroleum products, could exceed $400, which would boost the financial revenues of the Iraqi state’s general budget.”

Saleh pointed out that “the Prime Minister, as a son of the economic sector, will proceed with activating the various economic aspects in the country, and the economic mindset will change, as President Al-Zidi has a youthful vision, and will proceed with plans capable of reviving the economy of the Iraqi citizen, which is the least that the citizen deserves.”

The Iraqi economy relies mainly on oil revenues, which constitute the largest share of the general budget resources, while Iraq continues to import part of its needs for oil derivatives despite having large oil reserves. Over the past years, successive governments have put forward plans to develop the refining and petrochemical industries with the aim of increasing the added value of crude oil and reducing dependence on imports.

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A BUDGET UNLIKE ANY BEFORE: AL-ZAIDI’S GOVERNMENT PURSUES UNPRECEDENTED ECONOMIC REFORMS TO CONTROL GOVERNMENT SPENDING.

The Iraqi government is proceeding with a reformulation of its public budgeting philosophy, gradually shifting from the traditional spending model to a “program-based budget.” Economic circles view this move as potentially laying the foundation for a new era based on linking public funds to objectives and results, enhancing spending efficiency, and rationalizing expenditures in line with the requirements of financial and administrative reform.

This approach comes at a time when the region is facing rapidly evolving economic and regional challenges, compelling governments to adopt more flexible resource management policies. Baghdad affirms its continued commitment to safeguarding financial stability and ensuring the financing of essential obligations, while simultaneously developing future budget proposals that adapt to local and international developments.

Finance Minister Faleh Sari announced during his discussions with the US Chargé d’Affaires in Baghdad the government’s intention to prepare a program-based budget and gradually transition from the traditional system. This aims to increase spending efficiency and link allocations to performance and results, within a reform vision supported by international institutions and seeking to improve the state’s financial management.

In this context, MP Hussein al-Khafaji, a member of the Parliamentary Finance Committee, revealed that “the Finance Committee will discuss with the relevant executive bodies various indicators and data related to the financial situation, to ensure that decisions are based on accurate information and a comprehensive vision.” He explained that “there are important files related to strategic projects, contracts, and government commitments that require careful study to ensure the continuity of work and serve the public interest.”

He added to Iraq Observer that “the upcoming meetings will provide a clearer picture of the financial trajectory in the coming period, especially in light of the current economic conditions, which will help to formulate a realistic vision regarding the budget and government spending.”

Observers believe that adopting a program-based budget represents a qualitative shift in public finance management, as it focuses on measuring results and achieving objectives instead of merely distributing financial allocations. This contributes to raising the efficiency of government institutions, reducing waste, improving spending priorities, and enhancing transparency in the implementation of development projects and plans.
Experts also point out that the ongoing coordination between the government, the parliamentary finance committee, and the central bank reflects an institutional framework for managing public finances, particularly given the commitment to securing essential expenditures and safeguarding economic stability. This is being done in parallel with reviewing spending priorities and developing financial planning tools to keep pace with current changes.

While technical discussions regarding the upcoming budget continue, the government appears determined to implement structural reforms aimed at modernizing financial management, improving resource efficiency, and creating a more sustainable environment for public spending. This will ensure the continued implementation of vital projects, support essential services, and bolster confidence in the national economy in the coming period.

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THE DEVELOPMENT FUND: WILL AL-ZAIDI SUCCEED IN CREATING A NEW FINANCING ARM FOR IRAQ?

Al-Mada/Mohammed Al-Obeidi:
The government’s move to establish a “Development Fund” in Iraq is sparking widespread debate in economic and financial circles, given the country’s financial crisis and the general budget’s heavy reliance on oil revenues. While the government sees the project as an opportunity to attract investments and stimulate economic growth, experts are raising questions about its launch timing, funding mechanisms, and its ability to achieve its objectives under current financial pressures.

This move coincides with political and economic initiatives led by Prime Minister Ali Faleh Al-Zubaidi, who is seeking to garner domestic and international support for the fund as an investment platform aimed at financing infrastructure projects, creating jobs, and diversifying sources of economic growth away from traditional dependence on oil. Government officials have spoken of international contributions and guarantees that could reach between $100 and $150 billion, in addition to hopes of attracting further investments and partnerships in the coming phase. 

Regarding the Washington visit, financial and banking researcher Haider Al-Sheikh told Al-Mada that “the Development Fund is an investment fund based on contributions from foreign and Arab companies, and the government has set a minimum capital of $100 billion.”

He added that “the Prime Minister’s upcoming visit to the United States could contribute to enhancing the project’s chances of success, particularly through meetings with representatives of American and foreign companies and inviting them to invest in Iraq.” He explained that “the entry of American companies could pave the way for more Arab and foreign companies to participate in investment projects through the Development Fund.”

Sheikh clarified that “the project is inherently investment-oriented, and the government’s role is to create a suitable environment for investors and enable them to implement projects, thereby contributing to stimulating the economy and expanding the investment base.” He pointed out that “the Fund is not primarily focused on direct operational spending, but rather aims to attract capital to productive and developmental projects.”

The idea of ​​establishing a sovereign wealth fund or a development fund is not new to Iraq. In recent years, successive governments have proposed similar initiatives and ideas aimed at investing oil wealth, diversifying income sources, and promoting long-term investments.
However, most of these projects remained within the realm of official pronouncements and declarations, failing to materialize into effective institutions on the ground. This was due to challenges related to financial crises, mismanagement, fluctuating oil prices, high operating costs, and political and administrative disputes. Regarding
the timing dilemma
, economist Dirgham Muhammad believes that “the establishment of development funds or sovereign wealth funds is usually linked to the

existence of financial surpluses after covering the needs of the general budget.”
He added to Al-Mada that “the situation might be different if the funds are in the form of grants rather than loans,” explaining that “grants allocated to sovereign wealth funds are conditional on directing them towards investment and developing investment portfolios with guaranteed returns, and not using them to finance operating expenses.”
Experts point out that the success of any development fund of this size hinges on the nature of its funding sources, legal guarantees, governance, and management mechanisms, as well as the state’s ability to provide a stable investment environment that attracts and retains capital. This comes at a time when Iraq faces challenges related to the budget deficit, fluctuating oil prices, and the need for structural

reforms in economic management.
These proposals are made as the government has announced that the development fund will be an investment vehicle independent of the general budget, relying on international contributions and guarantees aimed at achieving economic stability through investment. This will be done in conjunction with efforts to reform financial management and adopt a program-based budget in coordination with international bodies and local institutions.

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A STRATEGIC MOVE: EXXONMOBIL OPENS THE DOOR TO MASSIVE INVESTMENTS IN IRAQI OIL.

Baghdad/Al-Masalla Translation: ExxonMobil executives met with the new Iraqi Oil Minister, Basim Khudair.

The American giant had signed a preliminary agreement last year to develop the Majnoon field, which has a production capacity of 450,000 barrels per day, in addition to exploring the development of infrastructure for Iraq’s oil exports. Since taking office last month, Khodair has called on American companies to resume trade talks that had begun under the previous government.

According to informed sources, the meeting took place in Baghdad on June 7, where the two sides discussed ways to expedite the implementation of the preliminary, non-binding agreement signed in October 2025 with the Basra Oil Company and the Iraqi State Oil Marketing Organization (SOMO). The agreement focuses on developing the giant Majnoon oil field, which holds estimated reserves of approximately 38 billion barrels, with the potential for a significant increase in production in subsequent phases.

The Majnoon oil field, one of the world’s largest, is located in Basra Governorate in southern Iraq. The partnership aims to utilize cutting-edge technologies to improve recovery rates and reduce associated gas flaring, as well as upgrade export infrastructure including ports, pipelines, and storage facilities, and potentially explore joint marketing opportunities in Asian markets.

These talks come as part of a wave of major American companies returning to Iraq, such as Chevron, which is holding exclusive talks for the West Qurna 2 field, as part of the government’s efforts to modernize the oil sector and offer more attractive investment terms.

The importance of strengthening cooperation for the Iraqi economy

Strengthening the partnership with ExxonMobil represents a vital strategic step for the Iraqi economy, which relies on oil for over 90% of its budget revenues. Iraq aims to increase its oil production to 6 million barrels per day by 2029, compared to approximately 4 million barrels currently, and the development of fields like Majnoon, through investments of billions of dollars, will contribute to achieving this goal.

This cooperation also helps modernize export infrastructure, reducing operational losses, increasing export capacity, and opening new markets. It brings advanced American technical expertise to improve production efficiency, develop associated gas for power generation, and reduce environmental emissions, thus supporting long-term economic diversification.

For its part, ExxonMobil sees Iraq as an opportunity to access large, inexpensive oil reserves, thus bolstering its global portfolio. Analysts emphasize that such agreements have both political and economic dimensions, as they strengthen Iraq’s geopolitical balance and attract Western investments that contribute to stability and economic growth.

Negotiations are ongoing to transform the initial agreements into binding contracts, with a focus on ensuring mutually beneficial returns amidst security and administrative challenges. This cooperation is seen as part of a broader strategy to rebuild Iraq’s energy sector and strengthen its position in the global market.

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IRAQ PLANS TO EXPORT ITS SURPLUS WHEAT CROP ABROAD.

(What wheat grown in the desert? Surprise, surprise there is plenty of futile land in Iraq along the river banks. Remember the biblical ‘garden of Eden’ was in Iraq)

Iraqi Trade Minister Mustafa Nizar Al-Ani announced on Friday a government plan to export surplus wheat crops abroad, while reassuring farmers that their outstanding financial dues from last year would soon be disbursed.

Al-Ani said in a press conference held on the sidelines of his visit to the grain storage silo in Erbil that the Ministry of Trade has introduced an advanced electronic mechanism for marketing wheat, which relies on registering the data of farmers and trucks in advance, in order to avoid routine and bureaucracy and to avoid the long waiting lines that used to extend for several days when delivering the crop.

Regarding the financial file, the minister acknowledged that there are outstanding payments owed to farmers since last year, stressing that the Prime Minister is paying close attention to settling this file. Al-Ani indicated that a batch of these delayed entitlements has been released to include all governorates, and that new batches will follow in the coming days to complete the file completely.

Regarding production expectations for the current season, the minister predicted an outstanding production plan, indicating that the areas planted with wheat – including the Kurdistan Region – far exceeded the plan approved by the Council of Ministers. Al-Ani addressed the farmers, saying: “I assure you that your efforts will not be in vain, and there is a comprehensive plan to receive the entire crop and export what exceeds the country’s actual needs,” stressing that the ministry’s main goal is to establish sustainable food security.

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CAN IRAQ CONTROL ITS REVENUES INDEPENDENTLY OF AMERICAN INFLUENCE? A LEGAL EXPERT EXPLAINS.

 
Legal expert Ali al-Tamimi explained how Iraq can control its oil revenues and funds, free from American influence and control over these funds.

Al-Tamimi told Al-Maalouma that “Iraq’s oil revenues were deposited with the US Federal Reserve Bank by virtue of UN Security Council Resolution 1483, issued in May 2003, which obligated Iraq to transfer all oil and gas revenues to a special account in the name of the Central Bank of Iraq at the US Federal Reserve.”

He added that “the Security Council resolution can be amended or revoked by the Council itself, but this requires the approval of a majority of its members, including the five permanent members.”

He indicated that “Iraq can have greater control over its funds if it takes steps to reduce its dependence on the US dollar and increase the independence of its fiscal policy by diversifying the currencies in Iraqi reserves, developing a local payment system based on the dinar, increasing cooperation with other countries to facilitate trade in local currencies, improving the management of foreign reserves, and reducing reliance on the dollar.”

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BARAK IN BAGHDAD: REMOVING FACTION LEADERS, CLOSING BANKS, AND “OPEN OPTIONS” IN CASE OF FAILURE!

Al-Zaydi emphasizes the need to restrict weapons and “disarm” everyone.

 
US envoy Tom Barrack arrived in Baghdad carrying what resembled a roadmap for the future relationship between Washington and Iraq, but the roadmap was not without warnings. According to multiple political sources, Barrack hinted at “unlimited options” if Baghdad failed to implement commitments related to disarming the factions, cutting off their funding sources, and restructuring the financial networks of influence associated with them.

The sources say that the list of American conditions is not limited to the security aspect, but extends to banking and economic files and controversial figures, all placed within a framework described as a project to “dismantle” or “prevent” the systems of influence that have formed over the past years.

However, Barrack’s mission does not appear to be without its challenges. Analysts predict that the American plan will face objections from some armed factions, and perhaps from Tehran as well, based on regional calculations that extend beyond the Iraqi arena. Barrack, President Donald Trump’s envoy to Iraq, met with Prime Minister Ali al-Zaidi in Baghdad yesterday. Baghdad revealed, in a statement issued after the meeting, that the White House is awaiting al-Zaidi’s anticipated visit in mid-July. To discuss the future of bilateral relations and the prospects for partnership between the two countries.

According to political sources who spoke to Al-Mada, Barak only arrived in Baghdad after Washington received initial positive signals regarding demands previously conveyed to the Iraqi government concerning arms, influence, and the economy. The sources described the visit as “pivotal” in the course of Iraqi-American relations, considering it to have established a new chapter, different in nature and objectives from the period following 2003, and opening the door to a partnership based on clear conditions and mutual commitments, instead of the formula that governed the relationship between the two countries during the past two decades.

The most prominent of these demands, according to the sources, is the disarmament of all armed factions “without exception,” preventing their participation in the government, in addition to completing the integration of the Popular Mobilization Forces into official security institutions, after removing leaders associated with armed factions. Leaks confirm that this issue is still under discussion between the two sides and has not been definitively resolved.

BANKS AND CORRUPTION:
The American conditions don’t stop at the arms issue; they also include closing more than 10 banks accused of smuggling dollars and involvement in money laundering, as well as restructuring other financial institutions.
They also include provisions related to expanding the measures known as “hunting down the corrupt elite,” in exchange for opening the door to large-scale American and Gulf investments in Iraq.

Sources indicate that Washington links the success of these measures to the influx of major investments that Baghdad needs in the energy, infrastructure, and services sectors.
However, if the implementation of these conditions falters, Barak, according to the same sources, informed Iraqi officials that “all options are open,” and that the United States will act in accordance with its interests.

WEAPONS SHOULD BE IN THE HANDS OF THE STATE
During their recent meeting, al-Zaidi and Barak emphasized the importance of establishing a strong and mutually beneficial American-Iraqi partnership.
According to the official statement, the two sides discussed the Iraqi government’s shared vision for building a “brighter future, free from terrorism,” and implementing plans aimed at the complete disarmament and disbanding of all armed groups and formations operating outside the authority of the Iraqi state, thus consolidating weapons under state control and establishing full sovereignty.
They also stressed the need to keep Iraq out of regional conflicts and prevent its territory from being used by any party to threaten security and stability in the region, emphasizing the urgent need to fully achieve these goals. Regarding
the economy and energy, the Prime Minister reiterated Iraq’s commitment to deepening trade and investment relations with the United States, a move welcomed by Obama as a shared approach. Both sides commended Iraq’s decision to finalize the operating license for Starlink to provide internet services and to launch negotiations with Chevron to develop the West Qurna-2 and Nasiriyah oil fields.

They also affirmed their commitment to enabling American companies to resume their operations with full security guarantees and to proceed with the memorandum of understanding with a company to rehabilitate the Kirkuk-Banias pipeline as a strategic oil export route.

The two sides also affirmed their commitment to expanding cooperation in the electricity sector, including a joint venture to construct a floating terminal for importing liquefied natural gas in Khor al-Zubair.

Why is Iraq drawing closer to Washington?
Ihsan al-Shammari, a professor of strategic and international studies at the University of Baghdad, believes that the new rapprochement between Baghdad and Washington stems from a number of interconnected factors.
He says that the recent war and the accompanying decline in Iranian influence have afforded Iraq greater room for maneuver and contributed to creating the conditions for a renewed partnership with the United States.
He adds to Al-Mada that the presence of a prime minister outside the traditional political establishment that previously dealt with Washington has encouraged the US administration to engage more openly with Baghdad.

Al-Shammari points out that the current government is demonstrating a clear desire to repair relations with the United States, which, he describes as having reached a near-break during the government of Mohammed Shia al-Sudani.
He continues that Washington views Iraq, along with Syria and Turkey, as part of its new regional strategy, considering these countries to be pivotal to its project of stability in the Middle East.

He also points to a convergence of economic visions between the Trump administration and the current Iraqi government, as well as an American commitment to supporting and ensuring the success of al-Zaidi’s government, which provides the latter with significant external backing.

Al-Shammari emphasizes that there is also a clear agreement on issues of restricting weapons and dismantling the economic, military, and political networks linked to armed factions, which constituted one of the most prominent drivers of rapprochement between the two sides.

Three files were opened simultaneously. Barak arrived in Baghdad last Monday, days after al-Zaidi’s government, with American support and backing from Shia political forces, launched three interconnected initiatives: restricting weapons to the state, pursuing networks of influence and finance linked to the factions, and initiating broad economic reforms. Khalid Walid, a member of the Reconstruction and Development Coalition led by Mohammed Shia al-Sudani, says that the country is on the cusp of a period of significant changes and increasing pressures.

He added to Al-Mada that the American messages will not cease, and that the pressure policy will continue on numerous fronts, requiring political forces to demonstrate greater cohesion and understanding of the nature of the coming phase. Meanwhile, Prime Minister al-Zaidi is seeking political backing. He is also working to secure political and parliamentary support for his reform project. Ammar al-Hakim, leader of the Hikma Movement, revealed efforts to form what he described as a “longitudinal alliance” encompassing Shia, Sunni, and Kurdish forces.

Observers believe that al-Zaidi understands that the battle over weapons, money, and influence cannot be waged solely under the governmental umbrella, and that its success requires a broader political framework within parliament.

According to Mithal al-Alusi, a politician and former member of parliament, the United States has thrown its weight behind al-Zaidi’s government and will not allow Iran to undermine it or armed factions to impose their will, as happened with previous governments.
He confirmed to Al-Mada that Washington and Barak’s office have already begun developing plans to support the Iraqi government, the economy, and the electricity sector, but are awaiting “proof after proof” that Baghdad is distancing itself from Iranian influence and moving closer to a model of an institutionalized state.

Al-Zaydi is presumably bound by a condition imposed by the “coordination framework” before the latter assumed power, namely, that he is prevented from forming a parliamentary bloc or his own political movement.
Barak and his experience with the Iraqi file
: Ihsan al-Shammari points out that Tom Barak is not unfamiliar with the details of the Iraqi file; rather, he possesses accumulated experience in dealing with it.

He says that Barak previously played an influential role in shaping the Iraqi government by supporting Ali al-Zaydi and removing Nouri al-Maliki. He was also involved in managing aspects of the Kurdish crisis, which gives him a deep understanding of the complexities of the Iraqi scene.

He adds that what is happening today transcends the boundaries of traditional political debate, as it reflects a clear American decision that enjoys direct support from President Trump and the US State Department.

Al-Shammari believes that the existence of regional understandings that could lead to a lasting peace agreement between the United States and Iran would alleviate the obstacles facing Barak’s mission, but he simultaneously rules out the possibility that all factions will readily comply without obtaining political and security guarantees.
He emphasizes that the future of the process remains contingent on the nature of the roadmap that will be presented for dismantling the armed groups, the accompanying timelines and guarantees, as well as the possibility that Iran might resort to policies that could directly or indirectly obstruct this process. Meanwhile, factions, including Asa’ib Ahl al-Haq and Kata’ib al-Imam Ali, have announced their readiness to disarm, confirming that the idea has been on the table since 2017, but has become more realistic under the current circumstances.

MP Kazem al-Shammari, from the Services Alliance led by Shibl al-Zaidi, stated that there is a “genuine response” from prominent factions, including Saraya al-Salam, Asa’ib Ahl al-Haq, and Kata’ib al-Imam Ali, to engage in the political process and hand over their weapons to the state.

In a television interview, he added that the Iranian side does not publicly oppose this step, but stressed that the issue of weapons handover is complex and cannot be resolved in a day or two.

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TRUMP’S NEW AGREEMENT: 60 DAYS TO TEST THE SERIOUSNESS OF DISARMAMENT AND CUTTING OFF FUNDING TO FACTIONS

Tom Barrack’s team is developing a plan to support the economy and electricity sector and end Iran’s influence.

Shiite parties and armed factions are preparing to receive Tom Barrack, the US President’s envoy to Iraq and Syria, with a different version of their traditional rhetoric. The most prominent theme is demonstrating their readiness to engage in a new phase, one less reliant on weapons and more aligned with the logic of the state.

Simultaneously, a special team associated with the US envoy is working on proposals and plans related to ending Iranian influence in Iraq and advancing economic reforms. This comes at a time when the anticipated US-Iranian understanding offers Baghdad a new opportunity to test its ability to implement long-awaited commitments.Politicians and analysts believe that the expected agreement between Washington and Tehran opens a 60-day window, representing a simultaneous test for Iran, Iraq, and the armed factions. The most significant obstacle to this phase appears to be the refusal of some factions to surrender their weapons.Under increasing US pressure, the government of Ali al-Zaidi had begun simultaneously addressing three interconnected issues: consolidating weapons under state control, pursuing networks of influence and finance linked to the factions, and launching broad economic reforms.

An American Deadline and an Iranian Test:Former politician and MP Mithal al-Alusi says that the American-Israeli-Iranian crisis, conflict, and war are “far greater, deeper, and more dangerous than a mere declaration of agreement, goodwill, or extension of a ceasefire.”He adds to Al-Mada that what was announced between Washington and Tehran amounts to nothing more than an extension of the ceasefire, while the core issues remain under scrutiny and study.According to al-Alusi, the United States has granted the Iranian regime an additional 60-day grace period to prove its good faith and demonstrate its ability to be “a legitimate regime within Iran, in the Middle East, and for the international system and regional security.”He affirms that American demands remain unchanged and include the Iranian nuclear program, missiles, human rights, the nature of the internal security apparatus, as well as Iran’s regional role in Iraq, Lebanon, Yemen, and the Gulf.Al-Alusi believes that this same deadline represents a test for the new Iraqi government to prove its ability to disarm militias, combat corruption, activate the judiciary, and consolidate the foundations of a federal state.

He adds that the US-Iranian agreement gives Baghdad an opportunity to provide practical evidence of the success of its reform programs, while simultaneously giving Iran a chance to demonstrate that its interference in Iraq will not return to its pre-war levels.These assessments coincided with statements by US President Donald Trump, who confirmed that an agreement with Iran was scheduled to be signed on Sunday, asserting that it would pave the way for the resumption of normal navigation in the Strait of Hormuz.Trump wrote on the Truth Social platform that signing the agreement would mean “opening the Strait of Hormuz to everyone,” emphasizing that the understanding would not involve any exchange of funds between the two sides.

He added that the United States would address the Iranian nuclear issue later, once the situation stabilized, saying, “When things are calm, we will go in and take the nuclear materials and destroy them, whether in Iran or in the United States.”Trump’s statements reinforce the prevailing impression among observers that Washington views the anticipated agreement as a new test of Tehran’s regional behavior, not a final settlement of contentious issues, primarily the nuclear program and Iranian influence in the region, including Iraq.

Barrack’s visit… a direct message from Trump.Al-Alousi believes that the anticipated visit of Tom Barrack to Iraq represents a significant political test, especially since Barrack is handling the Iraqi and Syrian files with a direct mandate from US President Donald Trump.He says that the Iranian file is “in Trump’s hands personally,” and that Barrack’s selection reflects the US president’s desire to keep Iraq under direct White House supervision.According to Al-Alousi, Trump links the Iraqi file to the Iranian one, making the coming months a test for both Iraq and Iran, as well as for the new government in Baghdad.He adds that Washington and Barrack’s office have already begun developing plans to support the Iraqi government, the economy, and the electricity sector, but are waiting for “proof after proof” that Baghdad is distancing itself from Iranian influence and moving closer to a model of an institutionalized state.Al-Alousi goes even further, stating that the United States has thrown its weight behind al-Zaidi’s government and will not allow Iran to undermine it or armed factions to impose their will, as happened with previous governments.

He points out that the available information confirms that the Iraqi government, along with several political forces and faction leaders, is seeking, through Tom Barrack’s visit, to signal that it has indeed entered a new phase, one based on turning a new page in its relationship with Washington.Information obtained by Al-Mada indicates that Trump’s unannounced strategy for Iraq, entrusted to his special presidential envoy Thomas Barrack, will not be limited to the military dimension but also aims to cut off the financial and economic support flowing to Tehran.Behind the scenes, Tom Barrack had been managing the Iraqi file for months before his official appointment.

Since last February, with the mysterious disappearance of the previous envoy, Mark Savva, from the Iraqi scene, Barrack has been quietly moving to the forefront of managing this file. When his appointment was officially announced last May, he had already effectively taken control of the relationship with Baghdad, indicating that the White House had restructured its approach to Iraq. This reflects a shift towards managing the issue from a higher level and directly linking it to Washington’s broader calculations regarding Iran and the region.

Sanctions are ready.Alousi emphasizes that what is required of Baghdad is to activate the Iraqi constitution and solidify the parliamentary and federal system, asserting that the United States will defend this path.He warns that Washington may resort to measures more stringent than traditional sanctions if it perceives attempts to undermine its project in Iraq, including asset freezes, prosecutions, and the issuance of international arrest warrants.He says that the United States wants the Iraqi state to succeed and for the partnership between Baghdad and Erbil to be strengthened, and that relevant American institutions have already begun developing plans and mechanisms to assist Iraq and protect its institutions from Iranian interference.Al-Alousi concludes by saying that the US-Iranian agreement could present a positive opportunity, but it could also become the beginning of the end for the existing political system if Iran or the armed factions prove, within the 60-day period, to continue interfering in and influencing Iraq’s stability.

Weapons and money under scrutiny.For his part, Ghazi Faisal, head of the Iraqi Center for Strategic Studies, believes that any stable understandings between Washington and Tehran will have a positive impact on Iraq and Iraqi-Iranian relations.However, he points out that some Iranian leaders have sent messages to the armed factions urging them to retain their weapons and not surrender them, which raises questions about the extent to which these factions will abide by the decisions of the Iraqi state.Faisal confirms to Al-Mada that all armed factions are supposed to return their weapons to the official institutions, represented by the Ministry of Defense, the Ministry of Interior, and the Commander-in-Chief of the Armed Forces.He bases this on the provisions of the Iraqi Constitution, particularly Article 9, which prohibits the formation of militias outside the framework of the state, and Article 8, which obligates Iraq not to interfere in the affairs of other countries and not to engage in regional conflicts.

He adds that some factions have become involved in regional conflicts over the past years that do not serve Iraqi national interests, considering that restricting weapons to the state is a fundamental step towards strengthening stability and building a state of institutions.Regarding Iraqi funds and Washington’s conditions, Faisal says that their return to state institutions is contingent upon technical and legal procedures between Baghdad and Washington involving the Ministry of Finance, the Central Bank of Iraq, and relevant US financial authorities. He points out that the primary US concern is ensuring that these funds do not reach armed factions designated as terrorist groups.He believes the Iraqi government is capable of making progress on this issue if it provides clear and reliable guarantees regarding oversight and spending mechanisms. Faisal believes that the era of funding and arming armed factions outside the framework of the state must end, given the growing US and international reservations about the Iranian Revolutionary Guard and the Quds Force.He adds that it is essential for Iran to reconsider its relationship with these factions and cease interfering in the affairs of other countries or supporting armed groups in the region. He concludes that the future of the Middle East must be based on respect for the sovereignty of states and the promotion of cooperation, development, and stability, instead of the continuation of proxy wars and conflicts.

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AL-ZAYDI AND TRUMP’S ENVOY ARE “URGENT” TO RESOLVE THE FACTIONS AND CONFISCATE WEAPONS.

The Iraqi government and the United States agreed on a package of strategic, security, and economic understandings focused on the complete disarmament of militias and the consolidation of weapons under state control, as well as providing security guarantees to protect American investment companies. This came during a meeting between Prime Minister Ali Faleh al-Zaidi and US President Donald Trump’s Special Envoy, Tom Barrack, in Baghdad, in preparation for the anticipated summit between al-Zaidi and President Trump at the White House in mid-July. Both sides affirmed their support for a unified, democratic, and federal Iraq.

The US President’s Special Envoy to Iraq and Syria, Tom Barrack , arrived in Baghdad on Monday (June 15, 2026) for an official visit. He was received by the embassy staff and Chargé d’Affaires Joshua Harris.

official statement below:

Prime Minister Ali Faleh al-Zaidi and President Trump’s Special Envoy Tom Barrack reaffirmed the shared commitment of the Iraqi government, led by Prime Minister Ali al-Zaidi, and the United States government, led by President Trump, to establish a strong and mutually beneficial US-Iraqi partnership capable of fulfilling the aspirations of Iraqis for a future of sovereignty, security, and prosperity, and providing tangible benefits to both the Iraqi and American people. Mr. Barrack conveyed President Trump’s anticipation of welcoming Prime Minister Ali al-Zaidi to the White House in mid-July to discuss the future of this important relationship.

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AMERICAN EFFORTS TO STRENGTHEN ECONOMIC PRESENCE IN IRAQ THROUGH INVESTMENTS AND JOINT PROJECTS

Political sources confirmed that the anticipated talks between Iraq and the United States will not be limited to security and political aspects, but will also include important economic and investment files aimed at strengthening cooperation between the two sides.

She indicated that the US administration seeks, during the next phase, to expand its economic presence in Iraq and the region, by encouraging investments and joint projects in the energy, infrastructure, transportation and services sectors, in a way that contributes to supporting economic development and stimulating growth.

She added that Washington has adopted a new approach based on combining security and economic tools, stemming from the conviction that sustainable stability cannot be achieved without providing an attractive investment environment capable of supporting economic growth and creating job opportunities.

She pointed out that these trends come within the framework of broader efforts to strengthen regional economic partnerships and support development projects, in order to achieve common interests and contribute to consolidating long-term stability.

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PARTNERSHIP, SECURITY, INVESTMENT, AND TRUMP INVITES AL-ZAIDI TO VISIT

WASHINGTON IN MID-JULY

Iraq and the United States affirmed on Tuesday their commitment to strengthening a “strong and mutually beneficial” strategic partnership that includes security, energy, and investment, as well as supporting political and economic stability in the country.

This came in a joint statement issued today by Iraqi Prime Minister Ali al-Zaidi and US President Donald Trump’s special envoy Tom Barrack.

According to the statement, Al-Zaidi and Barak reaffirmed the shared commitment of the Iraqi and US governments to establishing a strong and mutually beneficial US-Iraqi partnership capable of fulfilling the aspirations of Iraqis for a future of sovereignty, security and prosperity, and providing tangible benefits to the Iraqi and American people.

Barak conveyed President Trump’s desire to receive the Prime Minister at the White House in mid-July to discuss the future of this relationship.

According to the statement, the two sides discussed the Iraqi government’s shared and ambitious vision for building a brighter future free from terrorism, and implementing Iraqi plans aimed at the complete disarmament and disbanding of all armed groups and formations operating outside the authority and control of the Iraqi state, confining weapons to the state, and imposing full sovereignty, in order to ensure that Iraq is kept away from conflicts and that its territory is not used by any party to threaten regional peace, while emphasizing the urgent need to fully accomplish these efforts.

The Prime Minister reiterated Iraq’s commitment to deepening trade and investment relations between the two countries, which Barak welcomed as a shared approach. Both sides also commended Iraq’s decision to finalize the granting of the operating license to Starlink to provide world-class internet services to Iraqi consumers, launch negotiations with Chevron to develop the West Qurna-2 and Nasiriyah oil fields, enable American companies HKN, Western Zagros and Hunt to resume their operations with full security guarantees, move forward with the memorandum of understanding with TI Capital to rehabilitate the Kirkuk-Banias pipeline as a vital oil export route, and commit to expanding trade cooperation between the United States and Iraq to support Iraq’s electricity needs, including Excelerate Energy’s project to develop a floating liquefied natural gas (LNG) import terminal in Khor Al-Zubair.

Both sides also stressed the importance of supporting a strong, united, sovereign, federal, democratic Iraq based on well-established constitutional institutions, and ensuring full equality for all citizens, thereby enhancing Iraq’s unity, stability, and prosperity.

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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

a

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 11, 2026 Mnt Goat News Brief

Guten Tag everyone:

Again, the saga continues……The last of the ministers for Zaidi’s cabinet is still not appointed and official. We are told a special session will be held soon 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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1 Chronicles 29:14 

But who am I, and who are my people, that we should be able to give as generously as this? Everything comes from you, and we have given you only what comes from your hand.

STATUS OF THE RV

I want to thank everyone for the recent support. Please keep it real as this is helping.

No RV yet just to clarify what these idiot intel gurus are telling you.

Folks, if you are paying attention today you will see a trend in the news I present.   Remember I am not setting a date only telling you the evidence is stronger and SECURITY and STABILITY levels are increasing from just a few months ago. This new administration in Iraq, once fully seated, could make a huge difference and continue on with what al-Sudani accomplished and move the effort to the finish line. Remember that Al-Sudani told us that the dinar would be stronger than the dollar.  Oh… but today we learn part of the proposal to solve the crisis is to devalue the dinar. This is not stronger but weaker. Did al-Sudani make good on his promise? Maybe he needed a second term? Will Al-Zaidi eventually also revalue back to Al-Sudani’s rate after the crisis is over. What will Al-Alaq have to say about his devaluation proposal? Let’s explore all of these issues in today’s Mnt Goat Newsletter.

In my last Newsletter dated June 9^th I also talked about this possibility to some extent of a devaluation. We also must bear in mind that the CBI told us over a decade ago that at the beginning of the Fiscal Year (January) is the ‘BEST opportune time’ to revalue (or devalue) the dinar to any significant amount. If the budget could be completed and passed in parliament by then (as it’s supposed to be) we can clearly see that starting the new Fiscal year with a new rate makes total sense for ‘accounting purposes’. Will we have to wait to January?

But many of these intel gurus will argue with me and tell me the fiscal year begins in October not January. Flat out they are wrong and I have shown you many times writings published by the Central Bank of Iraq itself telling us when the fiscal year begins for them. It is not rocket science to understand and so what’s their problem? These gurus think just because the U.S. fiscal year begins in October all countries do the same? This kind of mental attitude only reinforces once again the sloppiness of these people in bringing any sort of honest and valid news about this investment to you. Is it all that bad? I have to say there are many other very good people whose intentions are honest but still they interject too much of their bias opinions still. They listen to others instead of researching and confirming for themselves. This is the major shortfall of there efforts.  

I need also for everyone to remember that the flow of efforts in Iraq is completed mostly way before it breaks out in their news articles. I do not bring you this news because I wait for the articles to break first. I want you to see proof that I am not lying to you. I want you to read it for yourself and be assured I try my best to bring only ideas and attitudes that are backed up with FACTS not rumors, personal hype or over opinionated bullshit.  

Okay now I will now get off my soap box lecture and begin the news for today. Oh… you are going to luv what I have to say today.  

😊 A bit of recent news stems around generating more revenue for Iraq in the article titled “IRAQ TO LAUNCH THE THIRD PHASE OF THE ASYCUDA PROJECT NEXT MONTH”. When I bring this article to you what should immediately jump in your mind? Of course, it is  the notion of 45% non-oil revenue from only 10% and it should be implanted solid in your brain. Please remember this benchmark. All of what we are about to hear about  their economy growth the rest of this year stems around reaching this goal. Watch!!! I do not believe it is a far-reaching or unobtainable goal. Iraq has the resources, the labor and now the mind set to do it. Please see again the article I posted on this subject matter in my June 9, 2026 Newsletter. The title of that article was “EXPERTS LAY OUT A ROADMAP FOR LEAVING THE RENTIER ECONOMY.”

As you might remember the ASYCUDA project represents one of the fundamental pillars in modernizing customs administration, as it provides tools that contribute to simplifying procedures, enhancing transparency and oversight, and increasing performance efficiency. But for us investors, the most important part is it will positively impact non-oil revenues. Also, if you recall a decade ago Iraq told us the revenue derived from Customs and Tariffs could rival the oil revenues and the implementation of each phase is slowly doing just that. But the roll out is phased. Today we learn the launching of the third phase of the ASYCUDA project next month, in July. How many more phases? I believe this is the last phase in the Kurdistan region. Remember also to have a strong revenue stream they will have to use the port of Faw and the Development Road Project must be undertaken. With this they will need a free passage in the Straight of Hormuz.

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Next, I need to clarify the title of an article then talk more about it. It could be confusing. It is titled “AL-ZAYDI’S THREE-PRONGED PLAN: LIQUIDATING INDEBTED INSTITUTIONS, RAISING THE DOLLAR’S VALUE, AND RECOVERING FUNDS FROM CORRUPT INDIVIDUALS! – THE FRAMEWORK APPROVES THE GOVERNMENT’S PLAN TO OVERCOME THE FINANCIAL CRISIS.” The most intriguing point in Al-Zaidi’s plan concerns the exchange rate. Sources speak of a proposal to raise the dollar’s value again, without disclosing the rate proposed by the Prime Minister during the meeting.

This would be a devaluation of the dinar once again as it was done in early 2020. But remember al-Zaidi can only recommend and must go before the CBI committee to explain and justify the devaluation. Remember when they raise the dollar rate it takes more dinars to make a dollar and this is devaluing the dinar. We also have to remember they are playing around with the ‘temporary’ rate not the nominal rate. Had they been on the nominal rate all along this hiccup in the economy might just be a minor drop in the FOREX rate of the dinar by investors, if even. But since they did not go to FOREX as planned in 2013, they are constantly suffering through these crises. They must bring back STABILITY to their economy. There is also a link now between STABILITY and SECURITY. WOW!

If you recall at the end of 2020, the prime minister at the time, Mustafa al-Kadhimi, his government raised the official rate from 1,180 to 1,450 dinars per dollar. This was a devaluation. Are they going to do something like this again? Then in 2023, Mohammed Shia’ al-Sudani, the next prime minister decided to lower the exchange rate back to 1,300 dinars per dollar from 1450, a revaluation and fix it at that level.  Oh all the gurus told you a revaluation was coming and they were correct, but they also did not do their homework did they? They were not following all the news to know that it still was not what we were looking for. I guess they needed the hype and yet more rumors at time.  

The other part of this recent article brings out some points of interest. In his Eid holiday address, al-Zaidi went beyond direct financial measures, announcing that his government was working to “draw a new economic identity for Iraq and move away from the socialist mindset.”

I quote other parts from the article-

“The World Bank reports indicate that Iraq is experiencing a state of “distorted capitalism,” with oil still funding more than 90% of the general budget” Have I not said this over and over again….? Nothing new here, we all know this.

“the Coordination Framework endorsed the reform vision presented by Al-Zaidi, and the political blocs pledged to push their representatives to support the necessary legislation for the project’s success”

I especially liked this part of Al-Zaidi’s speech “No to weapons… and goodbye to socialism!” But the most striking aspect of the new vision is the direct link between the economy and security.

I highly encourage everyone to go read the article in its entirety. yes, its long but not boring. It is chock-full of good information about the dinar and the new attitude on how to save the economy of Iraq.

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I do not want to talk too much about disarming the Iranian militias and factions inside Iraq, as you can read more in my September 9, 2026 Newsletter, but only to give you a deadline date they are aiming at. In the article titled “THE IRAQI GOVERNMENT ANNOUNCES THE ESTABLISHMENT OF A $150 BILLION DEVELOPMENT FUND AND SETS A DATE FOR THE END OF THE WEAPONS COLLECTION CAMPAIGN” we get a date.

Iraqi government spokesman Haider al-Aboudi revealed that the timeframe for implementing the plan to restrict weapons to the state ends by next September, coinciding with the withdrawal schedule of international coalition forces from the country.

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While on this subject of militias this article also recently came out titled “AL-ZAYDI AFFIRMS HIS GOVERNMENT’S COMMITMENT TO RESTRICTING WEAPONS TO THE STATE.” In it Prime Minister Ali Faleh al-Zaidi confirmed on Wednesday that the Iraqi government is proceeding with restricting weapons to the state. Al-Zaydi said in a statement received by Shafaq News Agency, on the anniversary of ISIS elements entering Mosul, that “the government is proceeding steadily in consolidating security and stability, strengthening Iraq’s sovereignty and protecting its independent national decision, confining weapons to the hands of the state.

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Then this recent article comes out that reinforces once again the increased efforts to finally get passed the decades long-awaiting Oil and Gas Law (HCL). It is titled “MP: INITIAL UNDERSTANDINGS REACHED BETWEEN POLITICAL BLOCS AND THE PRIME MINISTER TO PASS THE OIL AND GAS LAW”. In it we learn that MP Adel Al-Mahalawi confirmed on Saturday that there are initial understandings between political blocs and the Prime Minister regarding proceeding with the passage of the oil and gas law in the coming period. Al-Mahalawi told the Information Agency that there is political activity and initial understandings between political forces and the Prime Minister aimed at creating the necessary atmosphere for passing the oil and gas law, which is considered one of the important laws that has been long awaited.

Soon we will be able to checkoff yet another one of the five issues I explained in my September 16, 2025 Newsletter ? Folks I just want to add that with these five (5) issues resolved and if Al-Zaidi can get to the 45% non-oil revenues we may very well be on our way to FOREX, according to my CBI contact.  

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Next, I want to cover the ongoing banking reforms. Remember that in the midst of all the election saga and now ending the armed militia groups, the CBI is hard at work implementing the ‘Comprehensive Banking System’ throughout Iraq. This term should not be new to you as they talked a lot about this effort in many previous articles in the past couple years. The article it titled “OBSERVATIONS ON THE IMPLEMENTATION OF THE COMPREHENSIVE BANKING SYSTEM AT RAFIDAIN BANK.”

The backwardness of the banking sector in Iraq is one of the causes of the economic problems that the country suffers from. To address this backwardness, the Central Bank has put in place a set of recommendations that banks must follow to move to a reality that keeps pace with the targeted economic transformations. This is a totally different mind set. Get it? They are moving out of their ‘banking slumber’.

Rafidain Bank, as one of the pillars of the local banking sector and the largest in terms of the size of funds and the number of clients (it was established as the first Iraqi commercial bank in Baghdad in 1941 and currently has 163 branches inside and outside Iraq), was included in those directives with the aim of developing its work, and its management took the initiative to adopt a set of reforms, the most prominent of which is the application of the comprehensive banking system.

What exactly does the Comprehensive Banking System do?

In simple terms for Iraq it finally brings the major part of the banking system in Iraq up to the 21^st century banking standards and methodology. The system means the transition from traditional paper-based work to a centralized electronic system that links all branches to a unified database, and enables the execution of banking operations instantly from any covered branch. Its objectives are: automating operations and reducing paper, speeding up transactions, supporting financial inclusion and digital transformation, and enhancing oversight, compliance, and anti-money laundering.

Through it, the customer can get all the advantages of online banking and electronic self-service just as most banks in the western economies have. Implementing the system required bringing in a global company to help them with the implementation by upgrading the infrastructure, and training staff.

What I find funny is, haven’t we been hearing about this kind of transformation of the banking system for the last two decades, over and over again. What the hell have they been doing all these years if not modernizing the banks already? I am sorry but I just don’t get how slow they really are. They are sometimes all talk and no action. They talk and talk about ideas in the news and its only years later we actually see it done on the ground.

The question we must ask is why are they spending all this money on banking reform if not to use it? Yes, use it as it will be essential soon. Why didn’t they reform under Saddam Hussien? The only answer I have is something huge and I mean HUGE is coming for Iraq. Only they must get through these hurdles first. We know what they are: corruption, Iranian influence, fully enacted Iraqi Constitution, etc.

So, as a result sometimes we must sometimes take these articles as information about future goals and nothing more, then wait for it to show more evidence of more implementation. This one really surprised me years ago when I first read it but now its here and that’s a wonderful thing…..  

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One last article on this topic of banking reforms, and I believe it’s an important one, in that it is that showing us this Comprehensive Banking System is no longer just talk but ACTION. It is titled “DIGITAL BANKING LICENSE IN IRAQ.”

In it we find that Dr. Nabil Rahim Al-Abadi having worked in various banks and having witnessed firsthand the daily operations of electronic payment channels, ATMs, and back-office banking systems, he can confidently say that the Central Bank of Iraq’s decision to issue licenses for fully digital banks is unlike any previous decision. This is not merely an administrative adjustment to the licensing landscape; it is a complete redefinition of the nature of banking in Iraq. WOW! WOW! WOW!

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The Coming Washington / Baghdad Partnership

😊 😊 This next set of articles is all about what I talked about many times already and the partnership between Iraq and the U.S. that is coming under the Trump administration. Yes, the Trump vision for Iraq. Yes, a partnership for investment between the Washington and Baghdad. Remember President Trump invited Al-Zaidi to the Whitehouse conditionally upon disarming the militias. Trump must have a SECURE Iraq to bring in his investors.

Al-Zaidi visited Washington this week. Wow…. that was fast! Take a peek at the recent article titled “AL-ZIDI’S VISIT TO WASHINGTON: A GOVERNMENT MOVE TOWARDS ECONOMIC OPENNESS.” Al-Zaidi’s visit to Washington represents an important milestone for testing the government’s ability to balance economic issues and political pressures, as it seeks to attract investments and reposition Iraq regionally. Yes, Washington under Trump is going to pump investors into Iraq. It will not be long before Iraq reaches that 45% non-Oil revenue goal.

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😊 Here is yet anther article to chew on about Washington and Baghdad partnership. It is titled “AMID ARMS CONTROL AND REGIONAL TENSIONS, AL-ZAIDI OUTLINES IRAQ’S FUTURE IN WASHINGTON.”  We can turn our attention to the visit of Iraqi Prime Minister Ali al-Zaidi to the United States , considering it the first major foreign test for his government, and a dual message concerning the future of the Iraqi economy on the one hand, and the political positioning of Baghdad amidst the region’s conflicts on the other.

The aim: expanding mutual investment opportunities and economic partnerships between the two countries.

When the US President Donald Trump following his appointment to form the government, when he spoke of a “new chapter” in relations between the two countries.

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So, here’s another article you have been waiting for. It is titled “THE HEAD OF THE FEDERATION OF CHAMBERS OF COMMERCE CALLS FOR INTERNATIONAL PARTNERSHIPS TO BOOST INVESTMENT IN IRAQ.”

The head of the Federation of Iraqi Chambers of Commerce, Amer Al-Fahdawi, called for building international partnerships to boost investment in Iraq.

The Federation stated in a press release that Al-Fahdawi participated in the opening of the Arab-Swiss Business Forum.  It further explained that the forum’s activities focused on analyzing the impact of geopolitical crises on the business environment and vocational education, in addition to exploring the role of the private sector and the creative economy in shaping future jobs in light of the rapid developments in artificial intelligence.

Iraq is not merely an observer of events but is at the heart of geopolitical and economic interactions. This all goes hand in hand with the Development Road Project and it is to attract companies to come set up a manufacturing facility in the industrial park and be able to distribute its goods throughout the middle east and Europe through the distribution network set up by Iraq.

It is all coming together…..

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HOPE For Our Investment In the Iraqi Dinar

One last topic I want to cover today I call ‘HOPE’. I need everyone to stay with this investment and not give up on it. I don’t know who told you this was going to be a short-term, get rich quick investment, but anyhow they were wrong. But there is nowhere I know where an investor has the potential to make as much money with so little investment capital put into it.

To help with this feeling of being ‘Hopeful’ I want to relay some information to you about this investment. Most times when you know the TRUTH and stop all the hype and rumors it should relax you in knowing what is coming next. You should take confort in knowing you are already RICH but just can’t yet go to the bank because of OFAC sanctions that are still pending on the Iraqi currency.

Yes, there have been many setbacks in the reinstatement process and I can’t guarantee there won’t be others. But we must stay focused on the FACTS. The following information explains yet more of what has been going on over the last two decades since 2003 and even since 1990 for that matter. We must remember that the decline in the economy of Iraq was done  intentionally. They began to kill it with the food for oil program in 1990. I do not believe for a second that this was such a good thing for Iraq as the U.S. coalition at the time did not factor in everything when they attacked Iraq for the second time. Today Iraq is living with the results. There are some good aspects to it but they still could have and should have bounce back sooner since the total relief of Chapter VII UN sanctions.

It is my full mindset that Iraq should have already been back on FOREX over a decade ago if even with a 50 cent or a dollar rate, then let it climb as the economy progresses. But this would be impossible if they also did not complete the project to delete the zeros first. Also, who would want the dinar outside of Iraq? Who wanted it before 1990 when it was at $3 plus per dollar? They also would have had to repeg the dinar to a basket, as proposed way back then. We must keep an eye on all the progress since 1990 when it was over $3 and compare to 1/6 of a penny now and the recent proposal is to devalue it even more. Why is it still being suppressed then? When will they truly FREE IRAQ!

IRAQ’S $16 TRILLION QUESTION: WHY THE CURRENCY STAYED FROZEN FOR 20 YEARS

Iraq is not a war-torn backwater. It is one of the most resource-rich territories on the planet.

Iraq currency explained – $16 trillion in resources, a rate set during military occupation, and the 17-year political block now removed.  

That rate was set during sanctions as a temporary placeholder during reconstruction. It was never designed to be permanent. And the reason it persisted for twenty years has nothing to do with Iraq’s capacity to change it.

What many long-term investors in the IQD don’t understand is Iraq has to reconstruct both physical buildings, roads, infrastructure, the economy, banking and financial. The last leg is the currency reconstruct which is the currency reform and getting rid of the temporary currency (3 zero notes) and going back to normalized denominations (the newer lower denominations) then FOREX. Investors tend to look right at the currency reform and forget about the rest that has to be done first.

bla, bla, bla…….

So What Changed?

On February 28, 2026, joint US-Israeli strikes eliminated Iran’s supreme leader. IRGC command was decapitated. The patron state that funded seventeen years of political obstruction inside Iraq lost its military capability within two weeks.

On March 3, 2026, Iraq’s Coordination Framework dropped the political figure who had blocked the Hydrocarbon Law as PM nominee (Nouri al-Maliki). Nine of twelve member parties confirmed the decision. The 17-year veto ended in the same week the patron regime came under bombardment.

Inside Iraq, eighty-eight to ninety Iranian backed terrorist cells (factions and PMF) are now being removed. The militia infrastructure that enforced Iran’s financial interests within Iraqi borders is now being eliminated.

The Central Bank of Iraq recently announced it will meet a January 2027 international compliance deadline by July 2026. Six months ahead of schedule.

Please click on the picture and go read the entire story. It is exactly as I have been telling you.

Folks, the bottom line is this….

You do not spend a decade modernizing your entire banking system, installing cross-border settlement infrastructure, triaging 72 banks against international standards, embedding US Treasury officials inside your central bank building, and constructing a $17 billion trade corridor to keep the same temporary rate (placeholder rate) of your currency.

One of the biggest obstacles to a revaluation is the gun, and this week a second militia put it down. Yesterday Asaib Ahl al-Haq, the faction created, funded and trained by Iran’s Revolutionary Guard, told its fighters the weapons belong to the state, a day after Muqtada al-Sadr did the same.

When Tehran’s own proxy concedes its arms, it is not Baghdad talking. It is Tehran deciding the weapons cost more to hold than to surrender. That leaves two State-Department-designated holdouts standing alone, and the bloc protecting the off-book money just got smaller. The same week, the same coordinated pressure ran across the hemisphere: US warships struck cartel boats in the Pacific, the Castro regime was indicted, and Maduro’s money operator landed in a Miami courtroom. Treasury freezes the accounts, the military takes the muscle, the courts file the charges, all on one schedule. The dinar does not break free until the militias are unified with the state, along with the other issues we have been talking about since the last September.  

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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. We are not in control over these obstacles.

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 an important tool we have to lead us on our path. They are more important now 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

“The Shaking To The Banking System Will Be Violent”

Go to the 16:35 mark in video for the prophecy. From June 6th       

PERSPECTIVES ON THE IRAQI DINAR PROPHECIES

   

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.  

WILL TRUMP BE PRESIDENT IN 2016?

Against all odds God sends his anointed one to us not just in 2016 but two terms. Even after losing in 2020 many again told us, he would never get into the presidency again. Wrong again! It is God now making all the rules.

If you ever doubted if God existed and if His hands are working to end the corruption in American politics and bring American to it’s greatness again, watch these two videos.

Video 1: The first one is the prophecy by Kim Clement in 2007. Folks its given 9 years prior to Trump’s first term. Don’t you think this is kind of weird? Think, Think, and Think some more of what heck is going on here. I have never seen God work like this.

Video 2: Then the second video may seem like a comedy skit, and it may even be of those with no faith, but the last laugh is on them, ha, ha, ha,,,, 😊 isn’t it…..

This is a compilation of people who told us that Donald Trump would never be president. Really? Yes, but us Christians we knew better, didn’t we…….? We also knew why he was chosen to be president and what his task was and is not still ongoing. He is anointed by God to lead this country through these difficult times, bring us back to Christ, end the corruption, lower taxes (slavery), follow the constitution, make those responsible for the corruption accountable. There’s so much more this man is doing and it is hard to describe all of it here today. I just thought it would be nice for all of us to see God’s hand at work. We must honor our current president. Remember he did not have to run for president and surely, he could give up anytime, but choses to continue.

This is what I have been insistent in telling everyone. What is going on with Iraq is not just a currency reset. There is so much more to it. There is a spiritual aspect to it. We must also follow the spiritual and see it manifested in the physical. Does it surprise you that it will be Trump that gives us the long-awaited reinstatement? I don’t even know if he knows just how prophetic he is. It is not just by Kim Clements words, but by his own actions once elected as president. They are becoming more and more apparent now that he is addressing the middle east, the UN, the Federal Reserve and much more. Let’s watch and see how it all plays out.  

I also want to remind you that it may seem funny that Kim Clement gets the crowd chanting ‘no more war’ even though Trump’s administration is fighting a war with Iran and trying to stop the war in Ukraine. Things in prophecy are not always as they seem on the surface. We add our own opinions.

Having said this, I have to add that it is NOT at all funny that Trump had to pick up the pieces to end this terrorism and corruption that has been going on way too long through/from the middle east. Why do these democrats not realize there is still on ongoing war on terrorism? Trump did not start this war but I believe he will end it. To end it means using the power of force not pacification. So, let’s see if ‘no more war’ is our future after Trump is finished with them.

Video 1:

Video 2:

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.

DIGITAL BANKING LICENSE IN IRAQ

Dr. Nabil Rahim Al-Abadi
Having worked in various banks and having witnessed firsthand the daily operations of electronic payment channels, ATMs, and back-office banking systems, I can confidently say that the Central Bank of Iraq’s decision to issue licenses for fully digital banks is unlike any previous decision. This is not merely an administrative adjustment to the licensing landscape; it is a complete redefinition of the nature of banking in Iraq.

Throughout my career, I’ve progressed from traditional payment systems that relied on manual data entry in core banking systems, to the era of network connectivity and the widespread adoption of ATMs—a stage academically termed digitization, meaning the conversion of paper records to electronic format. Following this, we entered the digitalization phase when banks began linking their services, and customers transitioned from visiting branches to using mobile applications for money transfers or inquiries. However, as every experienced banking operations manager knows, these two phases still retain the “branch mentality”—there’s always a manual back-end account, an auditing officer, and a branch that maintains the documentation.

What the central bank is doing now, under the umbrella of the reform plan implemented by Oliver Wyman, is moving the sector into its third, radical phase: true digital transformation. Here, we are no longer talking about a bank with branches offering electronic services, but rather a complete banking entity emerging without branches, without physical vaults, and without the paper archives that have burdened operations for years. This digital entity will become a direct replacement for the banks that will exit the market after the reform plan is implemented. And that is the crux of the matter.

 Regarding the challenges, the biggest one isn’t technology, but rather the banking mindset. The most serious obstacle to implementing this project is attempting to manage the new digital bank with the mindset of a traditional branch manager. Digital banking requires staff who understand that banking products are designed based on the customer’s mobile journey, not on the branch’s location or interface. This explains why the training workshops target operations managers, payments managers, and branch managers simultaneously—because everyone needs to understand that their role will fundamentally change.

 Granting a license to a digital bank is not merely a paperwork approval; it is a complex national project requiring meticulous management of its scope, a timeline that ensures a smooth transition for customers from withdrawing banks, and skillful management of reputational risks should the service be disrupted, even for a single hour, after launch. The Iraqi citizen, accustomed to receiving their salary from a branch employee, should not feel for a moment that their money is at risk when it suddenly shifts to an electronic application. This is where the role of financial literacy managers, whom you are targeting to fulfill this national duty, comes in.

In my estimation, the new digital bank that will obtain this license will not be merely a second choice, but will excel in several areas. It will offer smaller, faster lending products through artificial intelligence algorithms that learn from customer financial behavior instead of requiring guarantors and paper guarantees. It will also provide a mobile payment service that surpasses any existing traditional wallet, all with significantly lower operating costs. In conclusion, this step is an implicit acknowledgment by the Central Bank that the future of banking lies not in opening new branches, but in engineering purely digital financial systems. And, based on my experience within the banking and financial institutions, I affirm that the success of this new entity hinges on the extent to which our banking staff grasp the tools for managing digital transformation and project management.

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GOVERNMENT MEASURES TO LIMIT EXCHANGE RATE VOLATILITY

The dollar exchange rate in local markets continued to fluctuate between rising and remaining stable, amid anticipation from economic circles of any financial or political changes that might affect market activity. Meanwhile, economic experts and specialists expressed their confidence that the new measures taken by the government and the central bank would contribute to its stability, attributing the fluctuation in the exchange rate to several reasons, including geopolitical tensions in the region.

Order size

Professor of International Economics, Nawwar Al-Saadi, stated that the most prominent reasons for exchange rate fluctuations are the disparity between the demand for and supply of dollars in the local market, in addition to the impact of foreign remittances and import financing. He explained that any tightening or delay in transfer procedures through official channels pushes some traders to resort to the parallel market, which creates pressures. Additional to the exchange rate.

Al-Saadi added, in an interview with Al-Sabah, that speculation and rumors play an influential role in shaping traders’ expectations, in addition to some smuggling operations and taking advantage of price differences between the official and parallel markets, noting that regional and international variables and global monetary policies are indirectly reflected in the movement of the dollar within Iraq.

Al-Saadi pointed out that achieving sustainable stability in the exchange rate requires enhancing the efficiency of the banking sector and expanding official channels to meet the real demand for the dollar, as well as continuing measures aimed at reducing speculation and illegal activities and narrowing the gap between the official rate and the parallel market rate.

noticeable fluctuation

For his part, academic economist Dr. Ahmed Al-Majidi attributed the fluctuation in the dollar exchange rate to a set of overlapping factors, and praised the measures taken by the government and the central bank, which clearly contributed to controlling the exchange market and reducing speculation.

Al-Majidi added to Al-Sabah that the Central Bank has tightened its control over the currency sales window and the regulation of foreign transfer operations, in addition to enhancing compliance with international standards regarding combating money laundering and the financing of terrorism, stressing that the government measures have contributed to improving the flow of dollars through official channels and reducing reliance on the parallel market.

Relative stability

As for his expectations for the next stage, he predicted that exchange rates would remain within the current levels if the current policies continue, with the possibility of achieving a further gradual decline, noting that the return of the exchange rate to its previous levels before the regional crises remains dependent on several factors, including the stability of the geopolitical situation, the continuation of fiscal and monetary discipline, and the effectiveness of market oversight.

He noted that the recent measures taken by the government and the central bank have played a pivotal role in controlling exchange rates, although challenges remain in light of the changing circumstances. 

Regional and international.

economic recession

Economic researcher Haider Al-Sheikh believes that the fluctuation in the exchange rate of the dollar against the Iraqi dinar does not mean a decrease in exchange rates, explaining that prices will remain as they are for a period of time.

Sheikh told Al-Sabah that the market and commercial activity in Iraq are almost at a standstill as a result of the repercussions of the Middle East events and the public’s fear of buying and maintaining cash liquidity, noting that in light of the stability of the region and the reopening of the Strait of Hormuz to commercial ships and oil tankers, there will be activity in the market and an increase in demand for foreign currency.

weak demand

For his part, economic expert Dirgham Muhammad Ali attributed the weak demand for the dollar to the decline in trade and import demand for the dollar due to the recession and weak trade exchange with countries with which the trader deals in dollars, in addition to the near-complete cessation of tourism and travel, which weakened the levels of demand for the dollar.

Ali added, in an interview with Al-Sabah: “Most of the demand was for commercial contracts, and tourism bookings are often made in dollars. Due to the war conditions, demand for dollars is decreasing, which reduces the pressure on its price.”

Dollar distribution mechanisms

Meanwhile, economic researcher Ahmed Eid believes that the market is still facing a gap resulting from high demand for dollars outside official channels, especially for import, trade, foreign transfers and savings purposes, explaining that the problem is not related to a shortage of dollar liquidity as much as it is related to the mechanisms for distributing dollars and regulating their access to the real beneficiaries.

Eid added to Al-Sabah that regional tensions related to trade and energy routes are now directly affecting market behavior, pushing some traders and citizens to increase their hedging demand for the dollar, which is reflected in price levels in the parallel market.

He pointed out that the continued difference between the official and parallel prices and the fluctuation of prices between rising and remaining stable indicates that monetary measures alone may not be sufficient to achieve complete stability, unless they are accompanied by greater facilities for financing foreign trade and reducing reliance on the informal market.

He predicted that exchange rates would remain at their current levels during the next phase if the central bank continues to cover commercial demand and oil revenues return to stable levels, but he warned that the market would remain vulnerable to any sudden political or financial developments within Iraq or in the region.

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OBSERVATIONS ON THE IMPLEMENTATION OF THE COMPREHENSIVE BANKING SYSTEM AT RAFIDAIN BANK

The backwardness of the banking sector in Iraq is one of the causes of the economic problems that the country suffers from. To address this backwardness, the Central Bank has put in place a set of recommendations that banks must follow to move to a reality that keeps pace with the targeted economic transformations.

Rafidain Bank, as one of the pillars of the local banking sector and the largest in terms of the size of funds and the number of clients (it was established as the first Iraqi commercial bank in Baghdad in 1941 and currently has 163 branches inside and outside Iraq), was included in those directives with the aim of developing its work, and its management took the initiative to adopt a set of reforms, the most prominent of which is the application of the comprehensive banking system.

The system means the transition from traditional paper-based work to a centralized electronic system that links all branches to a unified database, and enables the execution of banking operations instantly from any covered branch. Its objectives are: automating operations and reducing paper, speeding up transactions, supporting financial inclusion and digital transformation, and enhancing oversight, compliance, and anti-money laundering.

Through it, the customer can open and manage savings and current accounts electronically, instantly inquire about the balance and transactions, execute deposits and withdrawals instantly, and issue accurate account statements. It also allows him to withdraw and deposit from any branch connected to the system instead of being limited to the branch where the account was opened.

Implementing the system required bringing in a global company, upgrading the infrastructure, and training staff. In 2024, the bank began implementing it, and the number of branches covered reached 44. In 2025, it expanded to include 81 branches with a plan to reach full coverage. Although the system has been implemented for years in other banks, such as the Commercial Bank and some private banks, it faced difficulties in moving from established and deeply rooted work habits to automation that eliminates unjustified procedures. We hoped for a quick solution that would reflect positively on all parties, but significant observations are still being recorded regarding it.

The first observation: a decline in the essence of the application.
Through daily reviews of savings accounts, for example, the customer senses a perpetuation of old procedures. When withdrawing, he is asked for his national ID + savings book + a copy of his documents under the pretext of preserving the funds. After completion, he is given a paper notice to sign, then directed to another employee to confirm the balance and record it in the book. The same cycle is repeated when depositing. The correct application, as in TBI Bank for example, requires only the account number or name for the employee to open the customer’s page and verify his identity through the photo and stored data, in one visit without routine and waiting. The “savings book” should be abolished and the signature on the withdrawal/deposit form should be adopted as proof. We note here the difficulties of withdrawal and deposit from outside the branch. All of this raises the question: What is the benefit of the system then?

Second observation: Errors in posting and lack of processing
during the migration from the manual to the system. Errors occurred in savings accounts, resulting in the failure to calculate the full interest due for 2025. Account holders found discrepancies of a full month’s payout, which were reported but remain unresolved despite the passage of five months. The issue is not merely a technical error, but rather a problem with the institutional response mechanism and depositors’ rights. Fundamental questions arise: Has the number of affected accounts been determined? Was the calculation automatically recalculated? What is the total value of the lost interest? Were account holders notified? And what oversight procedures are in place to prevent recurrence?

Third observation: Ineffectiveness in responding to complaints
The bank has allocated and publicized complaint phone numbers, but these are often out of service. Emails are also sent to the published email address, but have gone unanswered for weeks and even months.

In conclusion,
mentioning these observations is not intended to diminish the effort and costs involved in changing the review process from haphazard to organized. Rather, the goal is to learn from these shortcomings to integrate operations and achieve genuine effectiveness, making the application a model for other banks to emulate. Most importantly, it is crucial to develop the staff working in all branches, not just those operating the system, with priority given to management. Creating a reform-oriented environment that everyone believes in is the guarantee for the success of any system. Resistance to change is expected when transitioning from a 60-year-old system to a transparent and fair system free from bureaucracy and corruption, but this does not justify the persistence of old practices within a new system. On-site monitoring of branches, correcting errors in interest calculations, and prioritizing the handling of complaints, inquiries, and responses are all beneficial.

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THE HEAD OF THE FEDERATION OF CHAMBERS OF COMMERCE CALLS FOR INTERNATIONAL PARTNERSHIPS TO BOOST INVESTMENT IN IRAQ.

The head of the Federation of Iraqi Chambers of Commerce, Amer Al-Fahdawi, called for building international partnerships to boost investment in Iraq.

The Federation stated in a press release that Al-Fahdawi participated in the opening of the Arab-Swiss Business Forum. The statement explained that the forum was organized by the Arab-Swiss Chamber of Commerce and Industry in cooperation with the Union of Arab Chambers and the League of Arab States Mission in Geneva.

It further explained that the forum’s activities focused on analyzing the impact of geopolitical crises on the business environment and vocational education, in addition to exploring the role of the private sector and the creative economy in shaping future jobs in light of the rapid developments in artificial intelligence.

According to the statement, Al-Fahdawi emphasized during his participation in the session that speaking from an Iraqi perspective is particularly significant, as Iraq is not merely an observer of events but is at the heart of geopolitical and economic interactions. He pointed out that Iraq’s geographical location, its resources, its deep Arab roots, and its trade connections with the world make it highly susceptible to any regional instability, but at the same time enable it to be part of the solution and contribute to economic stability.

He explained, “The economic reality necessitates organized work on several fronts, including strengthening the resilience of the private sector, protecting workers, developing skills, building international partnerships, and working to transform Iraq into a platform for economic engagement with the world.”

He pointed out, “The current phase requires a mechanism for dialogue and joint action between Arab and international chambers of commerce to monitor the impact of crises on companies and the labor market, enhance cooperation, and build new economic bridges with international economic institutions. This aims to bolster the Iraqi economy and increase the flow of investments into the Iraqi market, given Iraq’s diverse economic potential, which requires highlighting through international institutions.”

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THE COORDINATING FRAMEWORK ANNOUNCES ITS SUPPORT FOR AL-ZIDI’S ECONOMIC VISION AND AFFIRMS: A MOVEMENT TO PREPARE A NATIONAL PAPER AND COMPLETE THE CABINET.

The Coordination Framework held its periodic meeting at the office of the head of the National Wisdom Movement, Mr. Ammar al-Hakim, in the presence of the Prime Minister, Mr. Ali Falih al-Zaidi, to discuss all the political, economic and service files included on the agenda.

A statement issued by the media office of the Coordination Framework, received by the Iraq Observer Agency, stated that the attendees discussed government affairs extensively, with the Prime Minister presenting a comprehensive vision for addressing the emergency economic crisis, reviewing a number of solutions that received the support and endorsement of the Coordination Framework forces, particularly the urgent proposals for addressing the electricity crisis and activating labor and social security laws in support of the private sector and the working class.

The statement added that the assembled forces

agreed to prepare a unified paper called the Coordination Framework, which includes the most important national issues to be presented and discussed within the State Administration Coalition to reach an agreement on them, while emphasizing that all political forces stand behind the government in parliament, politically and in the media to ensure the success of its reform program, as well as agreeing on the need to expedite the completion of the cabinet as soon as possible.

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AL-ZAIDI’S VISIT TO WASHINGTON: A GOVERNMENT MOVE TOWARDS ECONOMIC OPENNESS

Al-Zaidi’s visit to Washington represents an important milestone for testing the government’s ability to balance economic issues and political pressures, as it seeks to attract investments and reposition Iraq regionally.

The announcement of the visit came during a meeting between Al-Zaidi and businessmen and representatives of the private sector and local banks, where he confirmed that the delegation would include economic figures with the aim of expanding mutual investment opportunities and economic partnerships between the two countries.

The visit is of particular importance as it is al-Zidi’s first to Washington since assuming the premiership, and it comes months after an official invitation extended to him by US President Donald Trump following his appointment to form the government, when he spoke of a “new chapter” in relations between the two countries.

The visit also coincides with a period in which Baghdad is undergoing transformations on both the security and political levels, most notably the project to restrict weapons to the state and restructure armed factions, as well as the repercussions of regional tensions and the recent war between Iran and Israel and the economic and security challenges it has left for Iraq.

Messages that go beyond economics

For his part, Iraqi political affairs expert Majashaa Al-Tamimi said that “Al-Zaidi’s visit to Washington, accompanied by businessmen, has political dimensions that go beyond the direct economic aspect, especially since it comes at a stage that is witnessing the redrawing of many balances within the region.”

Al-Tamimi added that “through this visit, the Iraqi government is trying to present itself as a partner capable of building balanced relations with the United States without engaging in the politics of axes, and it also seeks to show that Iraq is open to investments and international partnerships according to the logic of common interests.”

He explained that “bringing businessmen along gives the visit a practical dimension and sends a message to the inside and outside that the government wants to move from traditional political discourse to focusing on the economy, development and job opportunities,” noting that “the visit also shows Baghdad’s desire to strengthen its regional and international position through stable relations with Washington.”

According to economists, the visit comes at an important time for Iraq, as it coincides with ongoing American pressure regarding the issue of armed factions and Iranian influence, as well as Baghdad’s need for economic and investment support to help it overcome the challenges imposed by the recent regional turmoil.

Partnerships and investments

On the economic side, the government affirms that the next phase will witness the launch of a development fund with substantial capital and participation from the central bank, in addition to plans to finance new productive and industrial projects aimed at diversifying the economy and reducing dependence on oil.

The anticipated visit coincided with one of the most difficult financial crises that Iraq has faced in recent years, following the disruption of oil export routes through the Strait of Hormuz and the accompanying disruption to oil revenues, which represent the backbone of the general budget.

Faced with this reality, Baghdad began searching for new funding sources through the World Bank and international lending institutions, in parallel with efforts to attract American and Western investments, in an attempt to mitigate the effects of the crisis and provide additional sources of support for the Iraqi economy.

Iraq is a promising market in energy, industry, housing, and in

frastructure.

In this context, economic researcher Sarmad Al-Shammari said that “the visit represents an important opportunity for Iraq to reintroduce itself to American and international investors as a promising market with great opportunities in the energy, industry, housing and infrastructure sectors.”

He added that “the participation of businessmen in the government delegation gives the visit a clear economic character, because the government seeks to transform political relations with Washington into real investment partnerships that will be reflected in the local economy.”

He explained that “Iraq needs billions of dollars in investments in multiple sectors in the coming years, and it also needs the transfer of technology and administrative and industrial expertise, which makes the United States an important partner at this stage.”

He pointed out that “the success of the visit will be measured by the government’s ability to transform meetings and agreements into actual projects that provide job opportunities, support the private sector, and contribute to diversifying sources of income.”

The recent war has had direct repercussions on the investment environment in Iraq, after several foreign companies left or reduced their field presence, particularly in the oil, energy and services sectors.

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AMID ARMS CONTROL AND REGIONAL TENSIONS, AL-ZAIDI OUTLINES IRAQ’S FUTURE IN WASHINGTON.

Political and economic circles are turning their attention to the upcoming visit of Iraqi Prime Minister Ali al-Zaidi to the United States , considering it the first major foreign test for his government, and a dual message concerning the future of the Iraqi economy on the one hand, and the political positioning of Baghdad amidst the region’s conflicts on the other.

The announcement of the visit came during a meeting between Al-Zaidi and businessmen and representatives of the private sector and local banks, where he confirmed that the delegation would include economic figures with the aim of expanding mutual investment opportunities and economic partnerships between the two countries.

The visit is of particular importance as it is al-Zidi’s first to Washington since assuming the premiership, and it comes months after an official invitation extended to him by US President Donald Trump following his appointment to form the government, when he spoke of a “new chapter” in relations between the two countries.

The visit also coincides with a period in which Baghdad is undergoing transformations on both the security and political levels, most notably the project to restrict weapons to the state and restructure armed factions, as well as the repercussions of regional tensions and the recent war between Iran and Israel and the economic and security challenges it has left for Iraq.

Messages that go beyond economics

For his part, Iraqi political affairs expert Majashaa Al-Tamimi said that “Al-Zaidi’s visit to Washington, accompanied by businessmen, has political dimensions that go beyond the direct economic aspect, especially since it comes at a stage that is witnessing the redrawing of many balances within the region.”

Al-Tamimi added to “Eram News” that “the Iraqi government is trying through this visit to present itself as a partner capable of building balanced relations with the United States without engaging in the politics of axes, and it also seeks to show that Iraq is open to investments and international partnerships according to the logic of common interests.”

He explained that “bringing businessmen along gives the visit a practical dimension and sends a message to the inside and outside that the government wants to move from traditional political discourse to focusing on the economy, development and job opportunities,” noting that “the visit also reflects Baghdad’s desire to strengthen its regional and international position through stable relations with Washington.”

According to economists, the visit comes at an important time for Iraq, as it coincides with ongoing American pressure regarding the issue of armed factions and Iranian influence, as well as Baghdad’s need for economic and investment support to help it overcome the challenges imposed by recent regional turmoil.

artnerships and investments

On the economic side, the government affirms that the next phase will witness the launch of a development fund with substantial capital and participation from the central bank, in addition to plans to finance new productive and industrial projects aimed at diversifying the economy and reducing dependence on oil.

The anticipated visit coincided with one of the most difficult financial crises that Iraq has faced in recent years, following the disruption of oil export routes through the Strait of Hormuz and the accompanying disruption to oil revenues, which represent the backbone of the general budget.

Faced with this reality, Baghdad began searching for new funding sources through the World Bank and international lending institutions, in parallel with efforts to attract American and Western investments, in an attempt to mitigate the effects of the crisis and provide additional sources of support for the Iraqi economy.

In this context, economic researcher Sarmad Al-Shammari said that “the visit represents an important opportunity for Iraq to reintroduce itself to American and international investors as a promising market with great opportunities in the energy, industry, housing and infrastructure sectors.”

He added to “Eram News” that “the participation of businessmen in the government delegation gives the visit a clear economic character, because the government seeks to transform political relations with Washington into real investment partnerships that will be reflected in the local economy.”

He explained that “Iraq needs billions of dollars in investments in multiple sectors in the coming years, and it also needs the transfer of technology and administrative and industrial expertise, which makes the United States an important partner at this stage.”

He pointed out that “the success of the visit will be measured by the government’s ability to transform meetings and agreements into actual projects that provide job opportunities, support the private sector, and contribute to diversifying sources of income.”

The recent war has had direct repercussions on the investment environment in Iraq, after several foreign companies left or reduced their field presence, particularly in the oil, energy and services sectors. 

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MP: INITIAL UNDERSTANDINGS REACHED BETWEEN POLITICAL BLOCS AND THE PRIME MINISTER TO PASS THE OIL AND GAS LAW

MP Adel Al-Mahalawi confirmed on Saturday that there are initial understandings between political blocs and the Prime Minister regarding proceeding with the passage of the oil and gas law in the coming period.

Al-Mahalawi told the Information Agency that there is political activity and initial understandings between political forces and the Prime Minister aimed at creating the necessary atmosphere for passing the oil and gas law, which is considered one of the important laws that has been long awaited.

He added that the law represents a fundamental step in regulating the management of oil wealth and defining the relationship between the federal government, the regions, and the oil-producing governorates in a way that guarantees the preservation of rights and achieves fairness in the distribution of revenues.

He indicated that the coming period may witness further dialogues and agreements between political parties to reach a final version that is acceptable to all concerned parties, in preparation for presenting the law to the Council of Representatives for a vote.

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AL-ZAYDI AFFIRMS HIS GOVERNMENT’S COMMITMENT TO RESTRICTING WEAPONS TO THE STATE.

Prime Minister Ali Faleh al-Zaidi confirmed on Wednesday that the Iraqi government is proceeding with restricting weapons to the state.

Al-Zaydi said in a statement received by Shafaq News Agency, on the anniversary of ISIS elements entering Mosul, that “the government is proceeding steadily in consolidating security and stability, strengthening Iraq’s sovereignty and protecting its independent national decision, confining weapons to the hands of the state, and continuing   the path of construction, reconstruction, reform and comprehensive development, in order to achieve the aspirations of our people for a strong and capable state that provides a decent life and promising opportunities for its citizens.”

The Prime Minister expressed his “appreciation for the national positions of the political forces supporting the path of stability, reform and development, which strengthens unity and national decision-making, and contributes to consolidating the foundations of the state and building the future of Iraq.”

The Coordination Framework had previously authorized Prime Minister Ali al-Zaidi to take the necessary 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.

This path was reinforced after al-Sadr announced the disassociation of the “Peace Brigades” from the Shiite national movement and their affiliation with the state, and his call for other factions to move away from partisan and sectarian frameworks and to come under the authority of the government.

In the same context, Asaib Ahl al-Haq announced the formation of a central committee to begin procedures for disengagement, inventory of personnel, weapons, and vehicles, and to organize the connection with the Commander-in-Chief of the Armed Forces, while the Imam Ali Brigades announced similar procedures that include inventory, handover, transfer, and reintegration of affiliates within state institutions.

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THE IRAQI GOVERNMENT ANNOUNCES THE ESTABLISHMENT OF A $150 BILLION DEVELOPMENT FUND AND SETS A DATE FOR THE END OF THE WEAPONS COLLECTION CAMPAIGN.

Iraqi government spokesman Haider al-Aboudi announced on Wednesday that the cabinet has decided to establish a development fund project with international guarantees and contributions amounting to $150 billion to achieve economic stability through investment. He also revealed that the timeframe for implementing the plan to restrict weapons to the state ends by next September, coinciding with the withdrawal schedule of international coalition forces from the country.

Al-Aboudi said during a press conference attended by Shafaq News Agency in Baghdad that the government based its management of its files on a national vision supported by the mandate and confidence of the House of Representatives, stressing its determination to commit to restricting weapons completely to the hands of the state according to the timetables specified in the ministerial program, which ends next September, coinciding with the end of the tasks of the international coalition.

The government spokesman added that the Cabinet, under the direction of the Prime Minister, approved the formulation of a “program budget” in coordination and joint cooperation with the World Bank and the Parliamentary Finance Committee to advance economic reform in the country.

In response to a question from the agency’s correspondent, Al-Aboudi explained that the Development Fund represents an investment vehicle completely independent of the state’s general budget, and is based on international contributions from Iraq’s friends with guarantees ranging from $100 billion to $150 billion, with the aim of promoting sustainable stability.

Al-Aboudi indicated that the Prime Minister’s upcoming visit to the United States will resolve many issues, mainly related to economic aspects, stressing that Iraq adopts balanced and parallel relations with all countries.

Regarding the relationship with the Kurdistan Region, Al-Aboudi stressed that the Prime Minister directed the oil companies operating in the region to work on increasing oil production, with the aim of reaching financial outcomes and radical solutions that are directly related to securing the salaries of the region’s employees and getting out of the current crises.

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AL-ZAYDI’S THREE-PRONGED PLAN: LIQUIDATING INDEBTED INSTITUTIONS, RAISING THE DOLLAR’S VALUE, AND RECOVERING FUNDS FROM CORRUPT INDIVIDUALS!

THE FRAMEWORK APPROVES THE GOVERNMENT’S PLAN TO OVERCOME THE FINANCIAL CRISIS.

From the home of Ammar al-Hakim, leader of the “Wisdom Movement,” in Jadriya, a rare consensus emerged within the coalition. The ruling Shiite forces unanimously approved an economic vision presented by Prime Minister Ali al-Zaidi. This vision includes measures described as the boldest in years, beginning with the elimination of debt-ridden government institutions and extending to a review of the dollar exchange rate.

However, the path to these transformations does not pass through the Ministry of Finance alone, but rather through more sensitive issues: the proliferation of weapons, foreign investment, and the prosecution of high-ranking officials accused of corruption. These issues appear interconnected in the mind of the new government, which seeks to forge a different economic identity for Iraq.

Al-Zaidi, who sparked widespread controversy a few days ago by calling for a “departure from the socialist mindset,” is trying to present himself as the architect of a comprehensive economic project. His opponents and supporters alike describe him as the “billionaire prime minister” due to his extensive network of financial and commercial institutions linked to state partnerships.

Eliminating debt: a sale or a transfer of ownership?
According to informed sources who spoke to Al-Mada, the plan presented by the Prime Minister during a meeting on Monday evening focused in its first phase on addressing the public debt, which exceeds $83 billion both domestically and internationally.

Al-Zidi proposes transferring ownership of government-owned productive institutions that have accumulated debt, considering this a key way to alleviate the state’s financial burden. However, he did not provide further details on this point, as information is being kept largely unavailable.

The latest data from the Ministry of Finance, as of the end of April, reveals that the total domestic debt exceeded 96 trillion and 629 billion dinars, equivalent to approximately $73.3 billion, while the external debt exceeds $10 billion.

Al-Zidi recently announced that he found only one trillion dinars in the state treasury when he assumed office, while his predecessor, Mustafa Al-Kadhimi, had previously asserted that he handed over the treasury to the subsequent government (the Al-Sudani government) containing approximately 100 trillion dinars.

This approach, however, is not without its early skepticism. Economic experts predict that the plan will effectively lead to the sale of state assets under the pressure of the financial crisis, a course of action that raises widespread concerns about transparency and the true value of those assets.

In this context, Nabil al-Marsoumi, professor of economics at al-Maqal University in Basra, warns that selling government assets could become a new avenue for waste rather than a tool for financial rescue, given the continued high levels of corruption and weak oversight of valuation and sale processes.

Al-Marsoumi tells Al-Mada that this option was also raised during the government of Mohammed Shia al-Sudani, and the discussions at that time were accompanied by the same warnings. He points out that the problem is not unique to Iraq, but has emerged in the experiences of other countries plagued by corruption, with unfavorable outcomes.

He adds that the danger lies in the gap between the true value of the assets and the prices at which they might be sold, noting that a government institution might be sold for $25 million even though its actual value exceeds $100 million—a difference that could become a new source of corruption instead of being part of the solution.

In 2016, the government of Haider al-Abadi considered selling approximately 600,000 government properties, including more than a thousand palaces belonging to the former regime, to address the financial deficit resulting from the collapse of oil prices.

At that time, the parliamentary finance committee estimated to Al-Mada that this operation could generate up to $150 billion.

The dollar is back in the spotlight .
The most intriguing point in Al-Zidi’s plan concerns the exchange rate.
Sources speak of a proposal to raise the dollar’s value again, without disclosing the rate proposed by the Prime Minister during the meeting.

In 2023, Mohammed Shia’ al-Sudani decided to lower the exchange rate to 1,300 dinars per dollar and fix it at that level. According to estimates at the time, this decision cost the treasury approximately 15 trillion dinars annually, adding to the budget deficit, which was financed through borrowing, thus contributing to increased debt.

At the end of 2020, Mustafa al-Kadhimi’s government raised the official rate from 1,180 to 1,450 dinars per dollar.

It seems that revisiting the exchange rate issue was expected given the escalating financial pressures, especially after Foreign Minister Fuad Hussein’s statements about the state being forced to print 25 trillion dinars to meet its financial obligations, primarily salaries.

The new version of the “Ritz-Carlton” plan to address the deficit doesn’t stop at selling assets or adjusting the exchange rate.

Leaks suggest a third approach: recovering stolen funds from high-ranking officials accused of corruption, in a manner similar to the “Ritz-Carlton” campaign in Saudi Arabia several years ago. The first signs of this approach emerged with the arrest of Adnan al-Jumaili, during which authorities announced the seizure of dozens of properties, cash, and weapons.

In a significant development related to financial disputes, the Karkh Court of First Instance in Baghdad issued a ruling yesterday ordering former MP Jamal al-Karbouli to pay $4.5 million to the head of the Iraqi Red Crescent Society in his official capacity.

This development brings to mind the case of Nour Zuhair, the main defendant in what was dubbed the “theft of the century,” estimated at around $4 billion.

Meanwhile, political circles are circulating information about the possibility of referring ministers, undersecretaries, and senior officials to the judiciary. Some leaks even suggest the possibility of questioning al-Sudani himself, while his supporters deny these reports, describing them as part of a hidden power struggle within the coordination framework.

Estimates suggest that the state could recover approximately $50 billion if the campaign to pursue corruption succeeds. According to a report published by Al-Mada in 2020, the previous al-Kadhimi government attempted to reach settlements with political figures and parties accused of embezzling public funds, based on recovering half the stolen money in exchange for dropping the charges.

At the time, the prevailing belief was that imprisoning corrupt individuals alone would not generate any financial return for the state, especially since most of the accused possessed extensive experience in concealing and transferring funds.
This argument was based on previous estimates by former Finance Minister Ali Allawi, who stated that approximately $250 billion had been stolen from Iraq since 2003.

This sum was considered sufficient to build entire countries if properly invested.
The government at the time arrested about 20 officials, as part of the work of the anti-corruption committee formed by former Prime Minister Mustafa Al-Kadhimi.
According to leaks at the time, the detainees, including officials from economic bodies and airports, were held in the intelligence headquarters in central Baghdad and denied visits. This committee was later accused of torture and corruption.
Al-Zaidi had begun his term by forming a Supreme Council for Integrity, despite the existence of the Integrity Commission.

This move raised questions about whether it would accelerate anti-corruption efforts or simply add another layer of bureaucracy to the already complex administrative landscape. No to weapons… and goodbye to socialism!
But the most striking aspect of the new vision is the direct link between the economy and security.
The government is banking on attracting American and Gulf investments, the latter estimated at around $50 billion. However, this goal, according to circulating information, is contingent on establishing complete control over weapons and confining them to the state.
The government faces an obstacle in the form of the refusal of some armed factions to participate in the currently proposed integration plans.

During a meeting with governors last week, al-Zaidi stressed the importance of proceeding with the process of restricting weapons to state institutions, considering this step a fundamental entry point for supporting economic development and stimulating investment. In his Eid holiday address, al-Zaidi went beyond direct financial measures, announcing that his government was working to “draw a new economic identity for Iraq and move away from the socialist mindset.”

Al-Zaidi appears to want an economy more open to global investment, more reliant on the private sector, and less tied to the traditional rentier state. However, this proposal is not without political and economic objections. Critics argue that the problem lies not so much in the “socialism” of the Iraqi economy, but rather in the fragility of state institutions, the weakness of the private sector, and the prevalence of corruption.

World Bank reports indicate that Iraq is experiencing a state of “distorted capitalism,” with oil still funding more than 90% of the general budget, the private sector suffering from bureaucracy and a weak banking system, while the bloated public sector continues to drain resources. Amer al-Fayez, a leader in the Coordination Framework behind al-Zaidi

, revealed that the Prime Minister requested broad legislative support from Parliament during the last meeting, particularly regarding banking sector reform. He told Al-Mada that all previous governments had spoken about encouraging foreign investment, but the difference today lies in the greater security stability and the move towards changing banking policies.

Al-Fayez confirmed that the Coordination Framework endorsed the reform vision presented by Al-Zidi, and the political blocs pledged to push their representatives to support the necessary legislation for the project’s success. In the official statement following Monday’s meeting, the Framework announced its full support for the government “parliamentary, politically, and in the media,” emphasizing the need to expedite the completion of the cabinet and to support the proposed solutions for addressing the economic and electricity crises, as well as activating labor and social security laws.

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IRAQ TO LAUNCH THE THIRD PHASE OF THE ASYCUDA PROJECT NEXT MONTH

Finance Minister Faleh Sari directed on Wednesday the launch of the third phase of the ASYCUDA project next month.
A ministry statement indicated that the minister “chaired a meeting to follow up on the implementation of the ASYCUDA system project, in the presence of the Director General of the General Authority of Customs, Thamer Qasim Dawood, representatives of the United Nations Conference on Trade and Development (UNCTAD), and a number of specialists and technicians involved in the project.”

The meeting included “a review of the progress achieved in the project’s implementation phases and a discussion of the technical and procedural requirements for the third phase, which the minister directed to be launched at the beginning of next month. This will support efforts to develop customs operations and enhance digital transformation at ports and customs centers.”

He emphasized that “the ASYCUDA project represents one of the fundamental pillars in modernizing customs administration, as it provides tools that contribute to simplifying procedures, enhancing transparency and oversight, and increasing performance efficiency, which will positively impact non-oil revenues and improve the business environment.”

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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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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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a

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:

Again, the saga continues……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!

____________________________________

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 31^st.     

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

a

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 2, 2026 Mnt Goat News Brief

Guten Tag everyone:

The election cycle should be concluding this week as the last of the ministers for Zaidi’s cabinet are appointed and put to work. The two decade long RV saga continues. Today I give you yet more insight as to what is holding up the reinstatement. Will you listen to me?

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

FYI: It looks like my Latest Mnt Goat Newsletter will only be published once a week from now on unless others are willing to step up and show their appreciation for all that I do from my audience. The next step is NO Newsletter. I must keep my sanity as I am already working 2-jobs, trying to keep the gasthaus open. The romantic tourism is not what it used to be in Bavaria since COVID and then the heavy migration of illegals. If I am to work 3-jobs I want to get paid for it. It is not that I greedy by I know that there are people out there who actually appreciate all that I do but the rest just sneak in and peek. There are over 20,000 hits on my blog each Newsletter. So, do I matter or not? My audience will have to decide if you want the TRUTH or not about this investment.

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We made it to June with no reinstatement ☹. Did you think we would have it by now with all the turmoil in the middle east? I guess all these intel gurus were so wrong again….lol.. lol.. lol.. 😊 What will this new prime minister Zaidi bring to Iraq? We are told his cabinet should be completed this week.   

There are fundamental changes occurring in Iraq and throughout the world. AA shift to a new set of paradigms. Iraq is not alone. We have not seen these types of changes before. There is a revolution going on in the middle east. Can you see it too?

It is the mindset that matters the most. If you can change minds to move, in a needed direction that you need, then things can happen. Almost anything is possible. I have said before that the CBI is ready to conduct the Project to Delete the Zeros and to reinstatement the dinar, but they will need STABILITY and SECURITY. This has to happen not only in Iraq but throughout the world, at least to some level. The problem is the rest of the world may not yet be ready. Also, the politics in Iraq must catch up to the CBI. Maybe Zaidi can do that.    

The U.S. Treasury and the IMF need to witness that Iraq can support its new currency when it does get rolled out. Iraq must put on its ‘big boy shoes’ and being acting like a sovereign nation. It is one thing to keep shouting ‘sovereign nation’ and another to act like one. This will mean financial and economic stability. It is much more than just making banking and financial reforms inside Iraq that matters. I have shown you this over and over again and I am showing it again to you today. There is also the interaction of Iraq with the rest of the middle eastern and international countries. Just look at what is now happening in Iran. Do you think this is just happening or a well planned series of events?

Remember that this is all part of a bigger ‘global reset plan’ and NOT just some  currency reset. This notion of just a standalone currency reset is where most investors in the dinar community get confused. We get confused because that’s all these intel gurus want to talk about and ignore the rest of the world and what is happening in it. There is no sense of spirituality in them guiding you through these events we see unfolding. Their fake prayers and lack of sincerity at the beginning of their intel calls really gets my goat….   

The global reset is also a resetting of a culture from this warped ideology that has crept into our society. You all know what I mean. You started this crap anyhow?

We have witnessed it in such things that make good into evil and then evil into something good. We can clearly see the evil yet when supported from the top down in governments that mandate these evil changes in the name of freedom and rights. Really? We can clearly see the destruction in front of us, yes it was getting to a point where people were even afraid to speak out against it or challenge it, even though they knew it was wrong. But this is all changing. Incidentally did you know that Canada is considered a ‘hate speech’ law that, if convicted, is a life sentence in prison. Who determines then what is hate speech? Is it going to be some bureaucratic government agency making people afraid to even say anything under fear? Will it be pandering to the far left 5% again? So, you can see how this ideology uses our good nature too to overcome us and fool us into thinking it might be something good. This is a very good example and why we have the US Constitution for our country to guide us and protect us against such possible tyranny. In the US you can’t in prison someone for free speech.

So, it is not just all about Iraq or the U.S. but the other countries too that must throw out this evil and denounce it. This evil has been permeated in all aspects of our lives. It wants to be the ‘new’ normal. It wants us to accept it and shut up. But our common sense tells us its all wrong and we can’t and should not accept it. We should follow our God-given common sense before it’s too late. The recent 2024 election in the US shows that people have finally had enough. It’s not too late.

The political structures must be changed back to disallow it and revert back from it. If you are on a bad course set for destruction why not change your course. it is only common sense. The few in our society (less than 5%) cannot and should not dictate to the many how we are going to live. This is not democracy? We must ask why do many of these leftist politician’s pander to the small minority? Certainly, there are not many voters, so why? Could it be that they are just fooling us again with fake news, fake polls and fake elections to get into power? Yes, they make us believe their minority is the majority. They need to separate us and keep us from uniting in our views. This is especially true when their ideology interferes with our long-standing Judeo-Christian values and morals to which our country was founded on. So, this too is being reset.

Then there is the financial reset we see happening through the U.S. that is fundamentally going to change our societies in the way we look at wealth building, but in a good way this time. It will affect the ways to raise funds to pay for basic local public services along with raising revenues for federal funding. It’s all going to be revolutionized and it is now beginning as I write this Newsletter. Just look at what is happening to the IRS and the Federal Reserve. Look at how many states are rethinking creative ways to raise revenue besides using the home property tax structure we have see in place for decades. Then the Trump administration is using tariff revenues and fair trade as one means of federal revenue to slowly shift from an individual income tax revenue to an external revenue service (ERS) to replace the Internal Revenue Service (IRS). The prophet Julie Green tells us today of news that is soon to come out of just where all our tax money went to.

The result is people will have more freedom and not be enslaved by taxes and bills. Don’t get me wrong we are NOT moving to everything being FREE, a socialist society or everything controlled by the state. Of course, even an idiot can see that this would not work as who would pay for it all? Government must shrink and stop unnecessary spending on these woke senseless projects.

Then artificial intelligence (AI) also is going to be a driver and when it does jobs will shift drastically. However, this might be for the worst, it can be dangerous if we are not careful. What will man actually do to make a livelihood and raise a family?  The Catholic Pope Leo XIV recently gave us a grave warning if we go too far with this AI. Many criticized him but they did not understand the warning. The warning is a dire one if we cannot control it and use it to serve us rather than to be subservient to it. Let us not look back decades from now and wish we restricted AI use. We need laws in place to combat the corruption that will come from it, and it is coming, I assure you.    

So, I wanted everyone of my readers to realize that this effort in Iraq to get to the reinstatement of the dinar is a much, much broader effort than most know. It is only a small part of a bigger global reset. Iraq does not stand alone as they must comply with the international standards already set to make this reset work. Iran is a stumbling block for them and they know it, but the Iranians are well dug in. But these proxies are drying up. Such proxies as Cuba, Venezuela, Lebanon, Libya, Palestine Gaza, etc.  And now it is time to strike and confront the mother country of terrorism – Iran itself. We would never have this opportunity had Iran advanced just a few more months, never mind years. Then what?

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What is in the latest news?

To cover today’s ‘real’ news, I first want to emphasize once again that Iraq is heading for a huge, radical Economic Transformation. I do not use this terminology lightly. If this holds to it promises this will lead us to what we want – the reinstatement of their dinar currency.

I want to bring you this article once again. You can go read the article in detail in my May 26, 2026 Newsletter. Their words not mine in the article titled “PRIME MINISTER’S ADVISOR: IRAQ IS ON THE VERGE OF MAJOR ECONOMIC CHANGES UNDER THE GUIDANCE OF AL-ZAIDI“The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed on Wednesday (May 27, 2026) that Iraq is going through an important transitional phase at the economic level, noting that the directives of Prime Minister Ali al-Zaidi have brought about a shift in the philosophy of managing the state’s financial and economic affairs, which paves the way for broad transformations during the coming period.

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There is not a lot of new news for the ongoing RV saga today. I am still watching the five (5) critical issues. I am also still watching other developed countries as they too  come about finding their way to oust these woke politicians and reverse/push this stupid woke ideology out of their countries. Please go watch some the updates I found for Australia and other countries that are now struggling with this crap and to rid it from their country. Please review the Political Section today it will be an eye opener.

In this first article we see that drastic change is coming to Iraq. The priority of the US is no long democracy building but rather security. We we learn this in the article titled   “IT’S NO LONGER A SEPARATE ISSUE”: WASHINGTON IS RESHAPING ITS PRIORITIES IN IRAQ.”

On Sunday, US President Donald Trump announced the appointment of Washington’s ambassador to Ankara, Tom Barrack, as a special presidential envoy to Iraq and Syria.  

Diler Khalaf Osman, a researcher in international relations and Middle Eastern affairs at the University of Tennessee, confirmed on Monday that Washington’s decision to merge the Iraq and Syria files under the supervision of a single envoy reflects a fundamental shift in the American strategy towards the region.

Osman told Shafaq News Agency that this move confirms that the United States no longer deals with Iraq as a separate or isolated case with its internal particularities, but rather as part of a broader regional security and geopolitical architecture.

He added that this trend represents a shift from the American approach that has prevailed since 2003, which focused on democracy and development, to a regional approach that views Iraq from the perspective of regional balances, with the aim of reducing Iranian influence and redirecting the geopolitical course of the two countries in a way that serves American interests.

He considered the regional challenge in Iraq to be the biggest obstacle. While Turkey, Washington’s ally, was the most influential power in post-Assad Syria, Barak faced deep and multifaceted Iranian influence in Iraq that would undermine his objectives, making his new mission a real test of Washington’s ability to reshape the balance of power in a highly fragmented arena.

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CAN IRAQ BE TRUSTED YET?

Then in this next article titled “THE FILE OF IRAQI FUNDS IN THE US FEDERAL RESERVE: FROM OCCUPATION TO TEMPORARY IMMUNITY” we learn the issue of Iraqi funds deposited in accounts at the US Federal Reserve is one of the most complex financial files in Iraq’s modern financial history. These funds are linked to a series of UN resolutions and international sanctions that have shaped the Iraqi economy since the former regime’s invasion of Kuwait on August 2, 1990, to the present day.

I believe it will be a longer time than we think before Iraq will be independent from these funds and petro-dollars will continue to flow into these funds as long as Iraq is  uncapable of fully governing itself responsibly from a world view and of responsibly joining the global community once again. You can read the entire article. It is VERY informative but long.

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2026 BUDGET:

BUDGET MONEY IS A GOOD WAY TO GET CORRUPT MONEY OUT OF THE IRAQI TREASURY:

In this next article we see that still there is corruption going on and money somehow leaving Iraq that was supposed to go to budgeting projects to rebuild Iraq. It is titled “A HUGE FINANCIAL SURPLUS… AND A SERVICE REALITY THAT HAS NOT CHANGED: WHAT HAPPENED?”

This article just reinforces again what my CBI contact told me weeks ago. Yes, more proof….She said THERE IS NO REAL FINANCIAL CRISIS IN IRAQ at least not as they exaggerate. This notion only comes about when money is wasted and corrupted. Then we read propaganda. Is this going to be the history of Iraq in the future too. When will all the corruption end?  

The era of Mustafa Al-Kadhimi has sparked widespread controversy that continues to resurface whenever the issue of managing public funds and oil surpluses is raised, especially in light of talk about huge sums that entered the state treasury during the period of high oil prices, compared to a clear limitation in the size of service and development projects completed on the ground.

While supporters of that phase promote the idea of ​​“financial stability” and crisis management in a difficult economic situation, critics argue that the surpluses that were subsequently achieved did not translate into a real reconstruction boom.

Folks, their words not mine. If it was up to me I would RV today…. lol.. lol.. lol..

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2026 BUDGET UPDATE:

F.Y.I. Do you actually think Iraq will get a 2026 budget to parliament, then passed after two readings and get it all done in 2026? Are you nuts or what? If even they did do it, it will be too late in 2026 and the year will be over anyhow. Remember that budgets always get kicked back to the cabinet for revisal too, usually a few times. The good news in all this is that, if this does happen, it could kick the 2026 budget to 2027 and this approach would speed up the economic development drastically starting 2027 with a fresh and timely budget to start the new fiscal year. Oh…. I don’t believe this has EVER happened before….. The other good point is this budget stuff may spark off a bit of creativity to reform the entire budget process in the near future. Can they get a consulting group in to help them? Watch a couple months from now we will be reading articles on these consultants. Someone is reading my Newsletters! 😊Yes, the glass is always half full rather than empty.

Yes, Iraq has a budget process issue, as usual they have not figured it all out yet. The legislature is supposed to get the budget to parliament by Oct 1^st, then parliament has three months to review it, revise and challenge it and pass it by the 1st of the new year. Their fiscal year begins Jan 1^st not Oct 1^st as most of these intel gurus tell you. It does make a huge difference in reading the articles in knowing the TRUTH.

I just wanted to add one more note. If you are so concerned about the budget for 2026 because you think the new RV rate is in it then you are WRONG, WRONG and WRONG again. Did I mention also very gullible! The RV rate we want is NOT stated in the budget tables nor will it ever be. This is totally bizarre intel guru made up stuff by idiots. Get it? The budget is based off of the price of oil per barrel not the rate of the dinar. Do you actually believe for one darn second that they would publish the new rate of the dinar in the budget for public viewing then go to FOREX? Did you ever hear of ‘insider trading’? If you do, you are insane along with the rest of these intel gurus?  

Next, we see some hope in that again Iraq is desperately trying not to borrow money and go down that road again. Instead, they are trying to maintain some sort of fiscal responsibility in cutting low priority projects for their next budget. This part really makes me proud of Iraqi leaders in the Finance Committee! 😊 The article is titled “GOVERNMENT ADVISOR: THE 2026 BUDGET WILL FOCUS ON REDUCING UNNECESSARY SPENDING.”

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Friday that the 2026 budget will focus on reducing unnecessary spending and ensuring funding for vital sectors directly related to citizens’ lives.  

Salih stated, “In light of the escalating crisis in the Strait of Hormuz, through which the world’s oil artery passes amidst anxiety and tension, Iraq finds itself facing a dual challenge: how to successfully enact its 2026 budget amidst regional turmoil that threatens its oil exports, while simultaneously maintaining internal financial stability.” He added, “The budget is no longer merely an accounting document or a set of figures; it has become a political and economic equation reflecting the nature of the Iraqi economy, which is based on oil revenues, and simultaneously revealing the state’s ability to manage its financial resources prudently and efficiently in a highly volatile and fragile regional environment.”

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In this next article we can see the difficulty for this next budget. We can see that it is June already half way through 2026 and so by the time they do get a budget to parliament it will be late fall already. What good will it do? The article is titled “MP: THE 2026 BUDGET WILL BE THE MOST COMPLEX COMPARED TO PREVIOUS YEARS”

MP Mohammed al-Bayati confirmed on Monday that there is still no set date for the 2026 budget to be presented, noting that it will be the most difficult and complex compared to previous budget cycles. He added, “If presented (if it even makes it to parliament this year), the budget will be the most difficult and complex compared to previous years, due to the financial and economic challenges, as well as the repercussions of what is currently happening in the Arabian Gulf.”

He pointed out that “Iraq has lost the ability to export more than 90% of its crude oil, which is the main source of revenue for the state treasury,” indicating that “the country’s financial situation is difficult by all measures.”

Round and round they go on their Merry Go Round…. lol.. lol.. lol..

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PMF UPDATE:

😊 This next article gives us an update on the efforts to deal with the Iranian PMF and terrorists factions inside Iraq. I think the title speaks for itself. It is titled “THE FRAMEWORK IS IN DISARRAY… AND THE SPECTER OF DISBANDING THE POPULAR MOBILIZATION FORCES LOOMS OVER THE NEGOTIATIONS.”

Signals from Petraeus: No further deadline for the factions, and the dollar is Washington’s card (carrot). The first American signals regarding the message conveyed through retired US General David Petraeus have reached Baghdad, but they did not carry what the Shiite forces, seeking to buy time, were hoping for.
Political sources describe these responses as “unreassuring,” while reinforcing the impression within the “Coordination Framework” that Washington has finalized its position on the issue of armed factions, and that the room for maneuver that Baghdad tried to open up in recent weeks appears narrower than previously thought.

At the very moment when some factions within the “Framework” were searching for political solutions to resolve the weapons issue in exchange for maintaining their influence within the new government, Muqtada al-Sadr, leader of the Shiite National Movement (Sadr Movement), surprised his rivals with a preemptive move, announcing the disassociation of the “Peace Brigades” from the movement. This has placed the remaining factions before a reality they can no longer easily postpone. (that is to disband them)

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😊 Will we see the PMF and factions in Iraq disbanded and disarmed soon not months or even years from now. Indications show it will be much sooner than many of you think so STOP all your baby complaining…… The article’s titled is “TRUMP’S ENVOY: RETURNING WEAPONS TO THE STATE MARKS THE BEGINNING OF A NEW ERA IN IRAQ”

US President Donald Trump on Tuesday denied that talks between the United States and Iran had stalled in recent days, calling reports to the contrary “false and wrong,” and asserting that talks between the two sides continued uninterrupted. Trump added, in a post on the Truth Social platform, that talks with Iran took place 4 days, 3 days, 2 days and 1 day ago, and continued today, denying the validity of reports that spoke of their suspension.

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UPDATE ON THE IRANIAN CONFLICT

One last bit of news on an update on the Iran conflict. Remember this news changes so fast but here is the latest anyhow from when I read it on Friday. It is titled “NEW YORK TIMES: TRUMP MADE NO IMMEDIATE DECISION AFTER TWO-HOUR MEETING ON IRAN”

US President Donald Trump concluded a meeting on Friday that had been presented earlier as being for a final decision on reaching an understanding with Iran, according to a White House official. The official did not clarify whether Trump made a decision or not at this meeting, which was held in the White House operations room, according to AFP. The New York Times reported that the meeting lasted two hours and that Trump did not make any immediate decision as a result.

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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. 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

“Proof Is Coming Where All Your Tax Money Has Truly Gone ”

Go to the 17:22 mark in video for the prophecy. From May 23^rd.      

“The 2026 Midterms Will Not Be Stolen ”

Go to the 21:46 mark in video for the prophecy. From May 22^nd.   

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.  

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.

8 STATES CUTTING PROPERTY TAXES TO ZERO OR NEAR ZERO

Will your state be next?

I can see that Florida is getting all the attention when it comes to property taxes, and rightfully so. However there are many states also taking up the task of significantly reducing or eliminating totally these property taxes. Each state seems to have their own unique way of handling it.

1.Florida, 2. Illinois, 3. Kansas, 4. Ohio, 5. North Dakota, 6. Pennsylvania, 7. Texas,

8. Michigan

My main point in sharing this presentation is three fold:

First, if you live in one of these states you may shortly not have the financial burden of having to pay property taxes on your first home. Wouldn’t this be wonderful?

Secondly, is that state legislators are finally getting off their asses and looking at creative ways to offset or entirely pay for funding the government that usually was done through property taxes. I believe this is happened as a new wave of conservative law makers are finally listening to the people.

Thirdly, it is now a popular campaign issue to solve and could get you voted into office for multiple terms but only if you address the issue wisely and don’t just shift the taxes.   

I know many of you are following this NESARA / GESARA nonsense so let me say that if you are now thinking in terms of NESARA, think again! Like I have been telling you all along these cuts in taxes have nothing to do with this piece of legislation that was never passed into law by Congress. I don’t care who tells you otherwise. I have done extensive research on it. It is all just fools listening to other fools. But let me also add this that the provisions and principles of NESARA / GESARA may still be implemented and are mostly very sound. We can see they are being taken seriously by the Trump administration. But please stop this secret NESARA bill, White Hat nonsense. Instead, it will be the work of many creative and ambitious people who are trying to make a difference in our lives in spite of the all the corruption that surrounds us.

                                                May God Bless them all !

TEXAS JUST BLEW UP PROPERTY TAXES

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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

“IT’S NO LONGER A SEPARATE ISSUE”: WASHINGTON IS RESHAPING ITS PRIORITIES IN IRAQ.

On Sunday, US President Donald Trump announced the appointment of Washington’s ambassador to Ankara, Tom Barrack, as a special presidential envoy to Iraq and Syria. Trump said in a post on the Truth Social platform that “Tom Barrack will continue his duties as ambassador to Turkey and will perform his new duties with the full support of the State Department.”

US Secretary of State Marco Rubio confirmed last Saturday that Barak will continue to play a leading role in the Syria and Iraq files within President Donald Trump’s administration, despite the end of his term as special envoy to Syria.

Barak, the US ambassador to Turkey, took over the role of special envoy to Syria in May 2025, in parallel with the Trump administration’s moves to reformulate its approach to the Syrian issue and lift sanctions on Damascus, in light of Turkey’s growing role in the Syrian issue.

Rubio’s statements give an official dimension to the broader role that Barak has begun to play practically in Iraq as well, after he emerged during the past period at the forefront of American communications with Baghdad, following the failure of Mark Savaya to officially assume the position of Special Envoy to Iraq.

Diler Khalaf Osman, a researcher in international relations and Middle Eastern affairs at the University of Tennessee, confirmed on Monday that Washington’s decision to merge the Iraq and Syria files under the supervision of a single envoy reflects a fundamental shift in the American strategy towards the region.

Osman told Shafaq News Agency that this move confirms that the United States no longer deals with Iraq as a separate or isolated case with its internal particularities, but rather as part of a broader regional security and geopolitical architecture.

He added that this trend represents a shift from the American approach that has prevailed since 2003, which focused on democracy and development, to a regional approach that views Iraq from the perspective of regional balances, with the aim of reducing Iranian influence and redirecting the geopolitical course of the two countries in a way that serves American interests.

The researcher pointed out that the background of the new envoy, Tom Barrack, and his ideology related to the idea of ​​“America First” reveal the features of his mission, as he does not seem concerned with the files of democracy, federalism and political pluralism as much as he is concerned with strengthening the central state and its security capabilities, to ensure that it does not pose any threat to American interests, and to enable it to manage its security itself in the long term, which reduces the need for a direct American military presence.

Osman predicted that Barak’s sharp style and his quick and influential decisions, which characterized his management of the Syrian file, would be reflected in his handling of the Iraqi file, indicating that the challenges Barak will face in Baghdad will be more complex and intertwined compared to the Syrian file, given the multiplicity of power centers and their distribution among different political components and entities in Iraq, without a single entity or organization controlling the state completely.

He considered the regional challenge in Iraq to be the biggest obstacle. While Turkey, Washington’s ally, was the most influential power in post-Assad Syria, Barak faced deep and multifaceted Iranian influence in Iraq that would undermine his objectives, making his new mission a real test of Washington’s ability to reshape the balance of power in a highly fragmented arena.

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GOVERNMENT ADVISOR: THE 2026 BUDGET WILL FOCUS ON REDUCING UNNECESSARY SPENDING.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Friday that the 2026 budget will focus on reducing unnecessary spending and ensuring funding for vital sectors directly related to citizens’ lives. He also indicated that continuing to operate under the amended Federal Financial Management Law No. (6) of 2019 remains a constitutional and financial option should the budget’s approval be delayed.
Salih stated, “In light of the escalating crisis in the Strait of Hormuz, through which the world’s oil artery passes amidst anxiety and tension, Iraq finds itself facing a dual challenge: how to successfully enact its 2026 budget amidst regional turmoil that threatens its oil exports, while simultaneously maintaining internal financial stability.”

He added, “The budget is no longer merely an accounting document or a set of figures; it has become a political and economic equation reflecting the nature of the Iraqi economy, which is based on oil revenues, and simultaneously revealing the state’s ability to manage its financial resources prudently and efficiently in a highly volatile and fragile regional environment.”

He added, “Given the escalating geopolitical conflict in the Middle East and the accompanying direct and indirect threats to maritime navigation and energy flows in the Strait of Hormuz, the possibility of enacting Iraq’s 2026 budget appears constitutionally and politically viable. However, it will be one of the most sensitive and complex budgets in Iraq’s modern financial history due to the intrinsic link between the Iraqi economy and global oil markets.”

He pointed out that “Iraq still relies almost entirely on oil revenues to finance salaries, pensions, social welfare, general operating expenses, and investment projects. This makes any disruption to exports through the Gulf a direct pressure on the country’s financial and monetary stability.” He noted that “the financial authorities are expected to prepare a more conservative budget based on prudent oil assumptions, reducing unnecessary spending and reprioritizing expenditures to protect social spending related to salaries, pensions, social welfare, and basic services, as well as ensuring funding for vital sectors directly impacting citizens’ lives and their economic stability.”

He explained that “conversely, geopolitical crises often drive up global oil prices, which could provide Iraq with temporary financial relief, mitigating the deficit and offering an opportunity to pass the 2026 budget without a direct financial collapse, especially if the financial administration succeeds in managing oil revenues efficiently, activating export alternatives, reducing financial waste, and increasing the efficiency of public spending.”

He stated that “continuing to operate under the amended Federal Financial Management Law No. (6) of 2019 remains a constitutional and financial option if the budget’s approval is delayed due to continued uncertainty and tension in the regional landscape.”

He pointed out that “the real challenge lies not in the debate surrounding the enactment of the 2026 federal budget law itself, but rather in the ability of public finances to ensure the sustainability of funding amidst a turbulent regional environment and an economy that relies almost exclusively on oil.”

He explained that “the 2026 budget, if it is enacted under the current geopolitical climate, appears to be closer to a (crisis management budget) than to a budget for economic expansion or long-term sustainable development, which requires the legislative and executive authorities to deal with it with economic rationality and financial realism, far from containment policies, immediate reactions and ill-considered emergency spending.”

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AFTER THE DEPLETION OF STATE-OWNED BANKS, THE CENTRAL BANK FACES THE BURDEN OF FINANCING.

Economist Mahmoud Dagher gave a briefing on the liquidity crisis facing government banks and its implications for the state’s ability to finance its needs through domestic borrowing, warning of continued financial pressures if the current crisis lasts for an extended period.

Dagher told Al-Jarida that “the low level of liquidity in government banks makes it difficult to resort to them to achieve internal borrowing, which prompted the Ministry of Finance to transfer remittances to the Central Bank for discounting instead of having them discounted by government banks.”

He added that “this measure leads to additional pressure on the debt-backed central bank budget,” indicating that “the continuation of the crisis for a longer period may force the government to look for alternative solutions, foremost among them being reducing public spending and rationalizing expenditures to limit the increasing financial pressures.”

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NEW YORK TIMES: TRUMP MADE NO IMMEDIATE DECISION AFTER TWO-HOUR MEETING ON IRAN

US President Donald Trump concluded a meeting on Friday that had been presented earlier as being for a final decision on reaching an understanding with Iran, according to a White House official.

The official did not clarify whether Trump made a decision or not at this meeting, which was held in the White House operations room, according to AFP. The New York Times reported that the meeting lasted two hours and that Trump did not make any immediate decision as a result.

Prior to his meeting, US President Donald Trump announced the terms and principles of a potential agreement with Tehran to end tensions between the two countries, revealing strict conditions related to the nuclear issue, freedom of navigation in the Strait of Hormuz, and sensitive security and military matters.

In a lengthy post published on his official Truth Social account (May 29, 2026), Trump stressed that the essential and crucial condition is “Iran’s absolute agreement not to possess a nuclear weapon at all and at any time.” Regarding international maritime security, the US president obliged Tehran to immediately open the Strait of Hormuz to ship traffic in both directions without restrictions or imposing any fees.

At the same time, he announced the lifting of the US naval blockade, which he described as “unique and amazing,” and confirmed that the stranded ships could now return home.

Trump also addressed the issue of sea mines in the region, noting that advanced American mine-clearing vessels had succeeded in destroying the majority of them.

He called on the Iranian side to immediately end the dismantling and detonation of the remaining mines, which he described as few in number.

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THE FRAMEWORK IS IN DISARRAY… AND THE SPECTER OF DISBANDING THE POPULAR MOBILIZATION FORCES LOOMS OVER THE NEGOTIATIONS.

Signals from Petraeus: No further deadline for the factions, and the dollar is Washington’s card.

 

According to information obtained by Al-Mada, the first American signals regarding the message conveyed through retired US General David Petraeus have reached Baghdad, but they did not carry what the Shiite forces, seeking to buy time, were hoping for.
Political sources describe these responses as “unreassuring,” while reinforcing the impression within the “Coordination Framework” that Washington has finalized its position on the issue of armed factions, and that the room for maneuver that Baghdad tried to open up in recent weeks appears narrower than previously thought.

At the very moment when some factions within the “Framework” were searching for political solutions to resolve the weapons issue in exchange for maintaining their influence within the new government, Muqtada al-Sadr, leader of the Shiite National Movement (Sadr Movement), surprised his rivals with a preemptive move, announcing the disassociation of the “Peace Brigades” from the movement. This has placed the remaining factions before a reality they can no longer easily postpone.

While al-Sadr is making progress on the weapons issue, other Shia forces appear to be taking one step forward and then another back, amidst clear confusion about how to deal with escalating American pressure and fears that the disarmament process could shift from a mere reorganization of factions to a broader course that might ultimately redefine the Popular Mobilization Forces’ position within the state.

During the recent Eid holiday, Shia circles were preoccupied with reviewing their options amidst leaks suggesting disagreements regarding the mechanisms for dismantling armed headquarters, the form of integration within security institutions, and which entities would refuse to comply with any new settlement. Political sources close to the “Coordination Framework”
told Al-Mada that “categorical and non-negotiable” American messages were delivered to Iraqi political leaders following Petraeus’s visit to Baghdad. These messages included an explicit rejection of any figure affiliated with armed factions assuming ministerial portfolios in the new government.

According to the sources, Washington linked this stance to sensitive economic and financial matters, including dollar shipments and Iraqi assets, as well as considerations related to American, regional, and Gulf interests.
Sources add that some political leaders preferred to keep the content of those messages secret for fear of triggering a new crisis within the “coordination framework.” Meanwhile, alternative options are being discussed, involving the appointment of figures described as “independent technocrats” to head the contentious ministries, in an attempt to avoid a political clash that could negatively impact the economic situation.

In the first American comment on the controversial visit, a US State Department official told Al-Mada that David Petraeus is “a private citizen and does not play any official role with the US diplomatic mission in Iraq.”

The American position came after a report published by Al-Mada last week about Petraeus’s appearance in Baghdad for the first time in nearly two decades, amid reports of an Iraqi initiative aimed at securing a lull of several months before making final decisions regarding the armed factions.

Although sources denied that Petraeus was an official envoy of US President Donald Trump, they confirmed that Prime Minister Ali al-Zaidi used his old relationship with the American general, dating back to the “Awakening” years between 2006 and 2007, to try to find an indirect channel of communication with Washington and reduce the chances of confrontation with the factions.

According to this account, Petraeus carried an Iraqi message requesting that Baghdad be given a three-month grace period to place the factions under strict control. The government would commit to immediately canceling any agreements if attacks against Erbil, embassies, or vital installations resumed. This information could not be independently verified. In a move that disrupted the calculations of his rivals within the Shia political establishment, Muqtadaal-Sadr, leader of the Shia National Movement, announced the disassociation of the Peace Brigades from his movement. He also announced the transformation of its civilian formations into official institutions, stripped of weapons, headquarters, and organizational titles, emphasizing that the decision stemmed from “the public interest.”

Sadr did not stop at relinquishing the movement’s military wing; he called on the remaining Popular Mobilization Forces factions to distance themselves from partisan and sectarian frameworks, fully integrate under state authority, and surrender their weapons. This vision is based on consolidating weapons under government control and regulating the activities of armed groups according to specific legal and time-bound frameworks.

Observers viewed this move as an attempt to preempt internal and external pressures related to the weapons issue and to present the remaining factions with a similar obligation that they may find difficult to ignore in the future.

Researcher and academic Mohammed Naanaa believes that the current situation goes beyond the mere issue of weapons. He told Al-Mada that restricting weapons to the state “is not the sole objective in the state-building process, but merely the primary one, followed by holding the killers and corrupt officials accountable.” He added that what al-Sadr initiated of his own volition “will not be available to others, who will be forced into what they do not want.”
The initiative quickly moved from the level of political pronouncements to the executive branch. Last Friday, the committee appointed by al-Sadr announced that it had held its first meeting to oversee the formal disaffiliation of the Peace Brigades.

Al-Sadr’s office stated that the committee commenced its work in accordance with the directives of the movement’s leader, which stipulated the completion of the procedures for separating the Peace Brigades’ military wing from the Shiite national movement within a maximum period of one week, and the follow-up on the organizational and administrative aspects related to the decision.
Information obtained by Al-Mada indicates that Prime Minister Ali al-Zaidi intends, during the first 100 days of his government, to establish specific mechanisms for dealing with the six factions listed on the US blacklist, in parallel with reopening several major corruption cases, including that of Noor Zuhair.

According to this information, al-Zaidi held a series of discreet consultations with armed factions during his tenure, within a tripartite committee that also included former Prime Minister Mohammed Shia al-Sudani and Badr Organization leader Hadi al-Amiri. The data suggests that these discussions resulted in unannounced understandings that excluded armed groups from ministerial positions in the new government.

Leaks from within the “coordination framework” indicate that al-Zaidi received a “green light” to proceed with measures related to the weapons file during a call he had with Muqtada al-Sadr approximately two weeks prior.

From the early days of al-Zaydi’s appointment, al-Sadr had put forward a clear vision for dealing with the issue, when he called on the prime minister-designate to transform the armed factions into a formation called “Soldiers of Religious Rites” under the supervision of the Hajj and Umrah Authority, or into humanitarian institutions specializing in relief and aid, while considering any party that refuses this as “outlaws.”
Al-Sadr stated at the time, “If they do so, I am prepared to dissolve the Promised Day Brigade and hand over the Peace Brigades to the Commander-in-Chief of the Armed Forces. Everyone should do this as quickly as possible.”

These steps are part of a series of internal reviews that al-Sadr initiated about a month prior, which included removing several leaders, confiscating vehicles and weapons from a number of his followers, and expelling dozens from the movement. Those close to him described this as a process to restructure the organization and reorganize its affairs in preparation for a different political phase.

Regarding Muqtada al-Sadr’s move, data within the “Coordination Framework” indicates a clear division in positions on the issue of weapons. According to Health Minister Abdul Hussein al-Moussawi, a leader in the Virtue Party, five out of seven factions have agreed to proceed with the disarmament process in exchange for guarantees.

Political circles suggest that these factions include Asa’ib Ahl al-Haq, led by Qais al-Khazali; the Badr Organization, led by Hadi al-Amiri; as well as Kata’ib Sayyid al-Shuhada, Thaar Allah, and Kata’ib al-Imam Ali.
Multiple sources indicate that al-Amiri is managing the most important part of the negotiations concerning the armed factions, through the committee formed after al-Zaidi’s appointment. This committee is believed to be working in parallel with a proposal by the leader of the Badr Organization to establish a “Federal Security Ministry,” which would encompass the Popular Mobilization Forces (PMF), the Rapid Response Forces, the Federal Police, the Border Security Forces, and possibly the Peshmerga as well.

Mahmoud al-Hayani, a member of the Badr Organization, believes this proposal represents the “best solution” for protecting the rights of PMF members and ensuring the armed groups’ subordination to the government’s authority. In an interview with Al-Mada, he pointed to leaks suggesting preliminary approval of the idea from retired US General David Petraeus, despite the absence of any official US position.

However, despite these proposals, the mechanism for dealing with the armed factions remains unclear. According to political sources, the proposed integration or restructuring plans may not be sufficient to convince Washington, nor do they necessarily guarantee the factions positions within the executive branch.
According to political sources, the US veto contributed to the obstruction of the confirmation of nine ministerial candidates, due to Washington’s refusal to grant any positions to figures affiliated with or associated with armed factions.

Meanwhile, some Shia circles view these developments as a prelude to targeting the Popular Mobilization Forces themselves. An official from one of the armed groups told Al-Mada that “disarmament is nothing but a way to circumvent and dismantle the Popular Mobilization Forces under the guise of handing over weapons to the government or enforcing the law in response to American pressure.”

This stance reflects the extent of the skepticism held by some factions regarding the current course of action, especially given the continued refusal of influential groups, such as Harakat al-Nujaba and Kataib Hezbollah, to discuss any disarmament.
In this context, the so-called “Islamic Resistance in Iraq” announced that it will not lay down its weapons or hand them over to the government “as long as the occupation continues,” according to news outlets.

Abu Mahdi al-Jaafari, spokesman for Saraya Awliya al-Dam, who presented himself as a representative of the “Islamic Resistance in Iraq” in widely circulated statements, confirmed that the issue of disarmament “is not up for discussion at the present time,” adding: “There will beno talk of laying down or handing over weapons until the injustice and occupation end in Iraq.”

Al-Jaafari criticized those calling for the disarmament of the factions, saying that these parties “used to describe the resistance as heroes during the war, but they forget the names of those who defended Iraq when peace returns.”

Between factions that have expressed a willingness to participate in state arrangements and others that still refuse even to discuss the issue, it seems that the battle over weapons in Iraq has not yet moved to the implementation phase. Rather, it remains confined to the realm of understandings and mutual guarantees, amidst increasing American pressure and internal fears that the current trajectory will lead to a reshaping of the Popular Mobilization Forces and their role in the next phase.

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TRUMP’S ENVOY: RETURNING WEAPONS TO THE STATE MARKS THE BEGINNING OF A NEW ERA IN IRAQ

US President Donald Trump on Tuesday denied that talks between the United States and Iran had stalled in recent days, calling reports to the contrary “false and wrong,” and asserting that talks between the two sides continued uninterrupted. Trump added, in a post on the Truth Social platform, that talks with Iran took place 4 days, 3 days, 2 days and 1 day ago, and continued today, denying the validity of reports that spoke of their suspension.

The US president indicated that the course of these talks remains unclear, saying: “Where these talks will lead, nobody knows.” Trump confirmed that he had told Iran that it was time to reach an agreement, adding: “It’s time, one way or another, to make a deal. You’ve been doing this for 47 years, and it can’t be allowed to continue any longer.”

Iran’s semi-official Fars News Agency reported on Tuesday that the exchange of messages between Iran and the United States aimed at “reaching a memorandum of understanding and an agreement to end the war” had stopped a few days ago.

Earlier today, a source close to the Iranian negotiating delegation revealed that the text of the proposed memorandum of understanding between Iran and the United States is still under review in Tehran, confirming that the Iranian side has not yet sent any official response.

In contrast, US Secretary of State Marco Rubio announced on Tuesday that there was progress in negotiations with Iran regarding the nuclear program.

Rubio stated in a press conference that the Iranians had agreed to negotiate the abandonment of their nuclear program. The United States is currently negotiating with Iran on points in the nuclear file that it had previously refused to address, as well as on many other issues.

US President Donald Trump confirmed on Monday that he had not received any response from Iran regarding reports that talks had been suspended. Trump’s statement came hours after Iranian media confirmed that Tehran had suspended the exchange of messages with Washington in protest against the Israeli bombing in Lebanon.

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THE FILE OF IRAQI FUNDS IN THE US FEDERAL RESERVE: FROM OCCUPATION TO TEMPORARY IMMUNITY

The issue of Iraqi funds deposited in accounts at the US Federal Reserve is one of the most complex financial files in Iraq’s modern financial history. These funds are linked to a series of UN resolutions and international sanctions that have shaped the Iraqi economy since the former regime’s invasion of Kuwait on August 2, 1990, to the present day.

Resolution (1483) Legal and Economic Framework

UN Security Council Resolution 1483, adopted unanimously on May 22, 2003, established the legal and economic framework for managing Iraqi oil revenues following the US-led invasion of Iraq on April 9, 2003. The resolution was adopted under Chapter VII of the UN Charter, giving it international legal force. Its key features include:

 – Recognition of the occupying power: The resolution explicitly recognized the United States and its allies as occupying powers under a unified command called the “Coalition Provisional Authority,” and obliged them to act in accordance with the United Nations Charter and international law, particularly the 1949 Geneva Conventions, to guarantee the rights of the Iraqi people.

Lifting the sanctions: The resolution ended the international isolation imposed on Iraq since 1990 under Resolution 661 and subsequent resolutions, as the Security Council lifted all financial and trade sanctions except for the ban on the sale of weapons and military equipment.

New financial resource management mechanisms

For managing financial resources, the decision stipulated the following:

1. Establishment of the Development Fund for Iraq (DFI): The fund was established and placed under the custody of the Central Bank of Iraq. It was allocated to collect oil export revenues, frozen assets of the former regime that the resolution mandated member states to transfer to it, and the surplus from the Oil-for-Food Program. The stated objective was to use these funds to meet humanitarian needs and for reconstruction. The disbursement mechanism was directed by the Coalition Provisional Authority in consultation with the Iraqi Interim Administration. To ensure transparency, the International Advisory and Monitoring Board (IAMB) was established, comprising representatives of the UN Secretary-General, the International Monetary Fund, the World Bank, and the Arab Fund for Economic and Social Development. This board approved independent auditors to ensure that oil sales and disbursements were conducted in accordance with international best practices.

• Management of oil revenues: The resolution mandated that all oil sales revenues be deposited into this fund, with 5% of them being deducted for the benefit of the compensation fund established under Resolution 687 to compensate those affected by the invasion of Kuwait.

• Spending of funds: The resolution specified the need to use the Fund’s money transparently to meet humanitarian needs, rebuild the economy, repair infrastructure, cover the costs of civil administration, and disarmament.

 4. Termination of the “Oil-for-Food” program: The decision stipulated the gradual termination of the program within six months, and the immediate transfer of $1 billion of unrelated funds to the Development Fund for Iraq.

Resolution 1483 provided the legal cover under which the Coalition Provisional Authority exercised its influence and charted a course for channeling financial assets and oil revenues into reconstruction efforts. While it lifted sanctions, it placed Iraqi financial resources under international oversight and granted the Coalition Provisional Authority broad powers.

Executive Order 13303 and American protection

In conjunction with Resolution 1483, US President George Bush issued Executive Order 13303 on May 22, 2003, to provide broad legal protection for the Fund’s money and oil revenues from any international prosecution or seizure, to ensure the continuation of reconstruction.

Practical implementation: Regulation No. 2 of 2003

The practical implementation of the requirements of Resolution 1483 was carried out by the regulations issued by the Coalition Provisional Authority, in particular Regulation No. 2 of 2003. Part Three of it stipulated that the funds of the Development Fund for Iraq be kept in an account opened with the Federal Reserve Bank of the United States in New York in the name of “Central Bank of Iraq / Development Fund for Iraq Account”.

Although the regulations granted the Coalition Provisional Authority (CPA) administrator, Paul Bremer, the authority to direct the opening of accounts at other financial institutions, the primary and sole account was opened at the U.S. Federal Reserve Bank. The bank, acting on CPA directives, transferred 95% of oil revenues to the fund’s account and 5% to a compensation account.

End of the Development Fund for Iraq (DFI)

Pursuant to Security Council Resolution 1956 of December 15, 2010, adopted at the request of the Iraqi government, the arrangement for depositing oil export revenues into the Development Fund for Iraq was terminated effective June 30, 2011. This ended the mandate of the International Advisory and Monitoring Board (IAMB). Consequently, the management of the funds was transferred entirely to the Iraqi government, but without comprehensive international protection. Iraq became dependent on an annual executive order issued by the US president (such as Executive Order 13303) to provide legal immunity for its funds held abroad against creditor claims.

Current money management: IRAQ2 account

With the original Development Fund for Iraq (IRAQ1) coming to an end in 2010, the management of oil funds moved to a new mechanism:

 1. Existing Bank Accounts (IRAQ2): The Iraqi government has opened an alternative account at the Federal Reserve Bank of New York known as (IRAQ2). All revenues from Iraqi oil sales are deposited into this account and then transferred within 24 hours to the Central Bank of Iraq’s account (IRAQ1) to avoid international claims or seizures, as the funds deposited therein are classified as sovereign funds belonging to a central bank.

 2. Mandatory Deposit: Since Iraq prices its oil in dollars, it is obligated to deposit its revenues in the Federal Reserve Bank of New York. Furthermore, the outstanding external debt (approximately $40 billion) prevents Iraq from easily closing these accounts or transferring the funds, as they would be subject to immediate seizure by creditors once removed from the US protection umbrella.

 3. Memorandum of Understanding: To ensure the continued flow and protection of oil funds, a memorandum of understanding was signed on June 2, 2014, between the Federal Reserve Bank and the Iraqi Ministry of Finance to regulate the operation of the IRAQ2 account, an agreement that still represents the legal basis for depositing Iraqi funds in the United States.

Temporary sovereign immunity 

With the expiration of the international protection provided by the United Nations under Chapter VII, Iraq now relies on sovereign immunity, renewed annually by the US president, for funds deposited in the Federal Reserve, provided these are sovereign funds and not derived from commercial activities. This annual immunity aims to protect Iraq’s funds from previous creditors, as there are still outstanding debts estimated at around $40 billion owed to countries both within and outside the Paris Club. There are also concerns that unknown creditors may file lawsuits once the sovereign immunity expires.

The position of the Central Bank of Iraq

The Central Bank of Iraq, represented by its Investment and Foreign Transfers Department, issued an official document addressed to the General Secretariat of the Council of Representatives, explaining the legal and logistical mechanisms adopted for managing Iraqi funds abroad. This document was a response to parliamentary inquiries submitted by MP Adnan al-Jabri.

The bank explained in its letter No. (5/3/1464) dated March 14, 2024, that the legal basis for depositing crude oil revenues into account (IRAQ2) dates back to after the expiration of the extension of the executive order issued by the US President in 2003, as well as after the end of the protection that the United Nations provided to Iraqi funds in 2010.

The central bank also warned that closing accounts at the Federal Reserve would have serious consequences, including:

 A- Exposing Iraq to the risks of international and judicial claims.

 b) Loss of the ability to conduct financial settlements in US dollars due to the lack of sufficient alternative channels.

The path towards permanent sovereign immunity

To secure Iraqi funds, a transition from temporary protection to permanent sovereign immunity is required. This can be achieved by completing the settlement of the remaining Paris Club debt and strengthening relations with major powers (the United States, China, the European Union, Japan, and Russia) to secure their support in protecting Iraqi funds.

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AL-FAYEZ SETS A DATE FOR COMPLETING THE CABINET.

The head of the “Design” coalition, Amer Al-Fayez, confirmed on Saturday that the completion of the ministerial cabinet of Prime Minister Ali Al-Zidi’s government will take place after the Eid Al-Adha holiday, noting that the decision will be made through an emergency session or immediately after the end of the parliamentary legislative holiday.

Al-Fayez told Al-Maalomah News Agency that “political forces and blocs are currently holding intensive internal meetings to discuss the names nominated to fill the remaining ministerial portfolios and to ensure the entitlement of the components and blocs.” 

He added that “the vote on the candidates may be held in an emergency session called by the House of Representatives during its current legislative recess,” noting that “official meetings of the Coordination Framework forces are currently suspended, but will resume immediately after the Eid al-Adha holiday to finalize the matter.”  

(Mnt Goat: EID ends at the end of May)

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A HUGE FINANCIAL SURPLUS… AND A SERVICE REALITY THAT HAS NOT CHANGED: WHAT HAPPENED?

(Mnt Goat: This article just reinforces again what my CBI contact told me weeks ago. Yes, more proof….She said THERE IS NO FINANCIAL CRISIS IN IRAQ and that notion is all propaganda in an attempt to put pressure on the CBI from the citizens to devalue the dinar like they did in later 2019. With the price of oil at 90 a barrel as Iraq was selling oil and  the articles told us Iran was letting Iraqi oil tankers through the Straight of Hormuz then why the panic? It was all a game. Were you listening to me?)

The era of Mustafa Al-Kadhimi has sparked widespread controversy that continues to resurface whenever the issue of managing public funds and oil surpluses is raised, especially in light of talk about huge sums that entered the state treasury during the period of high oil prices, compared to a clear limitation in the size of service and development projects completed on the ground.

While supporters of that phase promote the idea of ​​“financial stability” and crisis management in a difficult economic situation, critics argue that the surpluses that were subsequently achieved did not translate into a real reconstruction boom, and their effects remained limited to covering operational expenses and salaries, without a tangible impact on infrastructure or basic services.

At the heart of this debate stands the most prominent economic decision at the end of 2020, when the exchange rate of the dinar against the dollar was adjusted. The government at the time considered this decision a necessary step to address the financial deficit, while opponents saw it as an influential shift that directly affected the prices of basic commodities and the standard of living, and left a long-term impact on the purchasing power of citizens.

As oil revenues increased in subsequent years, questions grew about the absence of strategic projects commensurate with those revenues, as observers believe that the period did not witness a construction momentum that matched the size of the available resources, with the exception of continued operational spending and covering the state’s financial obligations.

The issue of investment projects also remained controversial, given the failure or absence of a number of announced initiatives, and the increasing voices that spoke of a gap between the amount of money flowing into the country and what was actually achieved in terms of development and services.

On the other hand, supporters of that era still maintain that the government faced complex political, economic and security challenges, and that performance evaluation should take into account the nature of the circumstances in which the country was run.

Between these two narratives, the Al-Kadhimi era remains one of the most controversial economic periods in Iraq, between those who describe it as managing a difficult crisis, and those who consider it a huge financial opportunity that was not invested in the way that could have changed the reality of services and reconstruction.

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MP: THE 2026 BUDGET WILL BE THE MOST COMPLEX COMPARED TO PREVIOUS YEARS

MP Mohammed al-Bayati confirmed on Monday that there is still no set date for the 2026 budget to be presented, noting that it will be the most difficult and complex compared to previous budget cycles.

Al-Bayati told Al-Maalouma, “As of now, there is no specific date for the Council of Ministers to present the 2026 budget and send it to the Finance Committee in the House of Representatives for review before proceeding with the first and second readings and then voting on it.”

He added, “If presented, the budget will be the most difficult and complex compared to previous years, due to the financial and economic challenges, as well as the repercussions of what is currently happening in the Arabian Gulf.”

He pointed out that “Iraq has lost the ability to export more than 90% of its crude oil, which is the main source of revenue for the state treasury,” indicating that “the country’s financial situation is difficult by all measures.”

(Mnt Goat: My sources in Iraq tell me this simply is not true. Almost all of Iraqi oil is being exported as usual. They are trying to put pressure to move to a more diversified economy.)

Al-Bayati explained that “there is anticipation for a roadmap that the government is preparing in coordination with the Council of Representatives, in order to proceed with financial and economic reforms that will contribute to correcting many errors and formulating paths that ensure the securing of operational expenses, especially salaries, during the next phase.”

He concluded by saying that “despite the Ministry of Finance’s assurances that salaries are secured, the current phase requires real measures that contribute to creating a state of financial stability.”

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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

s

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:

May 26, 2026 Mnt Goat News Brief

Guten Tag everyone:

Appears Iraq made it through the election cycle and has their new prime minister. Now what will he do? Let’s tie into the news from Iraq to learn his agenda for Iraq. Let’s explore today what will be their strategic plan for the near future in this next phase for Iraq.

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

FYI: It looks like my Latest Mnt Goat Newsletter will only be published once a week from now on unless others are willing to step up and show their appreciation for all that I do from my audience. The next step is NO Newsletter. I must keep my sanity as I am already working 2-jobs, trying to keep the gasthaus open. The romantic tourism is not what it used to be in Bavaria since COVID and then the heavy migration of illegals. If I am to work 3-jobs I want to get paid for it. It is not that I greedy by I know that there are people out there who actually appreciate all that I do but the rest just sneak in and peek. There are over 20,000 hits on my blog each Newsletter. So, do I matter or not? My audience will have to decide if you want the TRUTH or not about this investment.

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I have some really good news for everyone today; in fact, some is amazing news. It is a total change in what we were hearing from Iraq from just a few weeks ago. Funny how things can change so quickly. 

If you remember my last Thursday’s Newsletter I talked a lot about a radical economic transformation. They are not calling it ‘radical’ for nothing. Pay attention! Here is the link to it May 21, 2026 Newsletter. Did you pay attention to these articles or just pass it by as another bit of news?

If you can recall way back last September I had many calls to my contact in the CBI and we discussed many important points – see my September 16, 2026 Newsletter. These 5 points were given to me that Iraq must resolve prior to any reinstatement. Since we are not going to the bank until the IQD is back on FOREX, don’t you think it would be a good idea to track these issues until they are resolved? I know, I know, I am bored too of talking about them so much. But this is reality not some every day / any day RV lies. Get it!

Then to back up and reinforce what has been coming out in the news in Iraq since to what my CBI contact told us in September, the news has been almost exclusively all about one or more of these five issues each week? Sometimes even all of them. So, do I have a creditable source in the CBI? I presented all these articles to you to show you and back up what she is telling us. Let’s just take headlines from May 5, 2026 Newsletter as one example. What did Iraq tell us? I did not make this stuff up! Just look, look, look!!!!   

So what else did my contact tell me back in September?

I was told that the election saga would not be an easy one this time around since Iran would make a major push to take yet more control over Iraqi politics and ‘dig in’ even harder. There are over 800,000 MPF and factions from Iran now in Iraq. Yes, that’s a lot! So, didn’t we also see this occur in the election cycle?

Remember the Coordination Framework had the insanity to nominate Nouri al-Maliki again. Did you ever stop to think what that was all about? This was an embolden effort by the Framework to test the will of Washington under President Trump. As Trump put sanctions back on Iraq and stopped dollar shipments there was an eye opener. Why dod they decide to go with Zaidi after all. Did you ever even hear of him before? He is an outsider and very conservative. Did Trump get what he wanted? Please learn to connect the pieces, it’s not that hard, or is it for you? Then let me do the work for you and just listen to me.

As many of you know I listen from time to time what other intel gurus has to say in their so-called intel conference calls. Don’t allow your enemy to fool you. Yes, they are you enemy in this investment not your friend. Let’s take for example Bruce on the Big ‘Stupid’ Call. He told his listeners that Dr Sinan Shabibi was coming back to the CBI. Really? This one blew my mind! He said that Dr Shabibi was coming back to kick ass and get this RV going. Really? Do you know just how foolish this sounds. Do you remember Dr. Sinan Al-Shabibi, the former governor of the Central Bank of Iraq, died on 8 January 2022 in Geneva, Switzerland. He was 80 years old at the time of his passing.

Here is the link if you don’t believe me. I also presented this information to you over 4 years ago. So how ‘reliable’ are Bruce’s sources? I am lying to you or are these intel gurus lying to you? Oh… but but they say they have the “most reliable’ sources of anyone. Really? Garbage in, garbage out!

He then went on to tell his listeners about the ‘med beds’ and how a US soldier grew a full set of legs and feet in just 30 minutes while laying in the med bed. Really? Folks, do you know just how stupid this lie is? Here is someone who calls himself intelligent and with his other companion on the call namely Susan does not even question it?

I have warned everyone multiple times about these damned med beds and the lies about them. Read my lips – they do not exist. It is a hoax being played on very stupid people. Don’t you think that if there were such a thing as med beds that they could literally replace hospitals, cure cancer and all other diseases and health issues. So, why are we not widely using them yet? Is it because of the corrupt Medical Health Industry? No, of course not, as according to Bruce we first need the RV to roll these out to everyone. Crazy stupid thing to say and to think people believe this nonsense?  

How can anyone now trust anything Bruce says on his conference calls as he does not know what he is talking about and lies without verifying anything from his sources. Remember that these are the same sources feeding TNT Tony and his pied-piper gang of idiot followers who believe his nonsense. Again he says he has such creditable sources. I have heard that before….. It is all fabricated information and even they forget what has already taken place and get caught in their own lies. This kind of nonsense really gets my goat and is exactly why I have my blog. I am here to clarify and help you truely understand.

Then again on this same call Bruce said he had some reliable information but still needed to verify it, that the dinar was revalued at $6 but only in country. he would not commit to this nonsense. I certainly hope he doesn’t use the same source to verify it that told him Dr Shabibi was still alive….lol.. lol.. lol.. Folks, I already went through the reasoning as to why the in-country rate can never be that high in-coountry, until the dinar is back on FOREX. Also, we have not heard news from the CBI as of yet on moving ahead with the Project to Delete the Zeros. There is no way to get the rate over $1 even, without removing the zeros. Get it?

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What is in the latest news?

To cover today’s ‘real’ news, I first want to emphasize that Iraq is heading for a huge, radical Economic Transformation. I do not use this terminology lightly. If this holds to it promises this will lead us to what we want – the reinstatement of their dinar currency.

Their words not mine in the article titled “PRIME MINISTER’S ADVISOR: IRAQ IS ON THE VERGE OF MAJOR ECONOMIC CHANGES UNDER THE GUIDANCE OF AL-ZAIDI“The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed on Wednesday (May 27, 2026) that Iraq is going through an important transitional phase at the economic level, noting that the directives of Prime Minister Ali al-Zaidi have brought about a shift in the philosophy of managing the state’s financial and economic affairs, which paves the way for broad transformations during the coming period.

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With the drop in oil prices coming soon after the Iranian stuff dies down, they must make some critical decisions in the short term to survive long term. Will they decide to borrow, revalue the dollar (devaluing the dinar) or print more money? In the article titled “FORMER MP: THE GOVERNMENT FACES TWO PATHS: BORROWING OR RAISING THE EXCHANGE RATE.”

As usual once there is another hiccup in the economy these economists and former MPs press the alarm button and always run to increase the rate of the dollar as their solution. Aren’t there any other alternatives? Can the GOI pay salaries using the reserves to make up any missing revenues due to the blocking of oil shipments? Certainly, it’s not from a drop in oil prices, as oil was over $90 a barrel for over months already. Again, another example of Iraq’s over reliance on the petro-dollar as the sole source of revenue. When will they come around and finally grow the economy away from oil? This is what we are told the next phase will do. Bring the non-oil revenues to 45% of revenues. WOW! Folks that is almost half. But consider also they are basing this on currency oil revenue levels. As they seek to increase the oil revenues too this wealth is going to be mind-blowing if handled correctly and not stolen away (pissed away as done in the past).

In this article today the author is talking about increasing the exchange rate of the dollar not the dinar. Maybe an increase from 1320 to 1500ish. This is not good for us investors. Will Ali al-Alaq of the CBI go along with this advice from the former MP? Let’s wait and see.

WARNING / WARNING / WARNING : They are NOT talking about the RV as many intel gurus are going to jump on the bandwagon and try to convince you they are increasing the rate of the dinar and the RV is here. Aren’t you a bit sick and tired of all this hype for nothing?   

Former member of the parliamentary finance committee, Abdul Hadi Mouhan, confirmed that the new government faces two paths: either external borrowing or increasing the exchange rate domestically in order to increase revenues under the current circumstances.

One thing we don’t want to see is the printing of yet more three zero notes. The CBI will soon want to collect these three zero notes and get them out of circulation. So this too is a good sign for us. It is titled “DENYING THE PRINTING OF CURRENCY, A FINANCIAL ADVISOR REASSURES THE PUBLIC ABOUT IRAQ’S CASH RESERVES.“ The financial advisor to the Council of Ministers, Mazhar Muhammad Salih, denied on Monday the circulating reports regarding the Central Bank of Iraq printing local currency outside of regulations, stressing that this process is subject to legal mechanisms and strict financial backing.

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So, do you remember this article in my last Newsletter? It was titled ‘GOVERNMENT ADVISOR: NEW FINANCIAL STRATEGY TO RAISE NON-OIL REVENUES TO 45%“. The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil.

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Next let’s see an example, a taste, of how they are now raising the revenues in the article titled “TARTUS PORT EXPORTS ITS FIRST “TRANSIT” SULFUR SHIPMENT FROM IRAQ“. On Tuesday, the port of Tartus witnessed the export of the first “transit” sulfur ship loaded with about 10,000 tons, coming from Iraq via Jordan, in a step that reflects the growing transit movement through Syrian ports. Remember they first had to transport this stuff overland in dump trucks and then to load on barges at the ports. Wait until the Iranian Hormoz blockaid is over and they can ship directly from their own port of Faw. They already have rail lines running to the port. Oh… what about the silica that is also going to come to market. Pay attention we will see news shortly about this too.

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I wanted to show you that Iraq is finally moving ahead with this long awaited oill and gas law also known as HCL in the recent article titled “THE OIL AND GAS LAW TOPS THE PARLIAMENT’S PRIORITIES; MOVES ARE UNDERWAY TO LEGISLATE IT IN THE COMING PERIOD.“ MP Qusay Abbas confirmed that the Oil, Gas and Natural Resources Law is a priority within Parliament in order to ensure its enactment in the next phase of the current legislative session of the Council.

With the arguments with the Kurds up north being limited, the legislation in parliament should be much more beneficial and able to complete the passing of the much-needed laws, and long-awaited laws to move this country along much faster. See the article titled “MP: A PACKAGE OF STALLED LAWS WILL SOON SEE THE LIGHT, INCLUDING THOSE RELATED TO THE POPULAR MOBILIZATION FORCES AND RED CARDS.“
Member of Parliament Abbas Hayal announced on Monday that a vote on a package of important and long-awaited laws and legislation is imminent, emphasizing that the coming period will witness the enactment of laws that directly impact the lives of citizens and the security establishment.

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Then again in today’s news they talk about one of the five issues namely the PMF and factions in Iraq. The article is titled “AL-ZAYDI’S GOVERNMENT: OPENS THE FILE ON FROZEN FUNDS TO INTEGRATE FACTIONS; THE DECISION RESTS WITH WASHINGTON”. From May 26, 2026. An informed source revealed on Tuesday that the government of Ali al-Zaidi intends to address Washington to release part of Iraq’s frozen funds in some international banks to cover the allocations for the elements of the factions that will be integrated into the directorates of the Popular Mobilization Forces and some security and military ministries. I question if this is what Washington actually wants. Don’t they want a disarmament? Washington certainly does not want these terrorists in government politics such as security or military ministries. Or are they not telling us everything in this article. Go read the full article in the Articles Section of today’s Newsletter.

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So, what about the 2026 budget? In the recent article titled “PARLIAMENTARY COMMITTEE: THE 2026 BUDGET WILL BEBASED ON A “HEDGING” OIL PRICE OF AROUND $60. Folks, once again I have to come and say that the budget is NOT base on the rate of the dinar. Read the article and weep all you idiot intel gurus, namely TNT Tony and many others who insist that the RV rate is in the budget tables. But again they have such reliable sources…..don’t they…lol..lol..lol..

There will not be an RV rate to the dinar in the budget tables! Instead, the budget is based on the price of oil. Read the article for yourself. I am not making this up! 😊 This will continue until the dinar is repegged to a basket of currencies and back on FOREX. Until this timeframe  they will continue to use the petro-dollar which is the price of oil. Oil is the main source of revenue to fulfill the budget, get it? We are NOT going to get our RV because of the budget coming out, get it? Are you stupid of what? When the economy is diversified enough as the told us will be only 45% of total revenues to fulfill the budget will be oil based. Then they can’t use the price of oil solely anymore to budget, can they? They must then move to the rate of the dinar. But they are not there yet, get it?

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This next article I really enjoyed reading. I leaped with JOY when I read it. 😊😊😊This is what is called ‘STABILITY’. These are the kind of actions we need to see in order to get the RV. We need one national Iraq working together, north and south. It is titled “NEW UNDERSTANDINGS BETWEEN BAGHDAD AND ERBIL… AL-ZAIDI “IMPLEMENTS LONG-AWAITED KURDISH DEMANDS”. Wafa Muhammad Karim, a member of the Kurdistan Democratic Party, said on Monday (May 25, 2026) that the visit of the Prime Minister of the Kurdistan Region, Masrour Barzani, to Baghdad was very important, especially in light of the positive understandings with the government of Prime Minister Ali al-Zubaidi.

Karim told Baghdad Today that “there are many outstanding contentious issues between the governments of Baghdad and Erbil that have persisted for more than a decade and a half, but the current phase has witnessed practical steps to implement a number of demands, especially those related to the oil file and moving towards enacting the oil and gas law.” He added that “the current moves also include fixing the region’s share of the budget and keeping the issue of salaries away from political wrangling, which the Prime Minister emphasized during his recent statements.” We witnessed many times how the Kurd Mps boycotted sessions in parliament and refused to vote or sit for a vote on other very important non-related issues. We would NEVER be reading this kind of news if Nouri al-Maliki was the prime minister again.

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In reading this next bit of news, one can see that al-Zaidi is a nonsecular prime minister. He is working for all the people regardless of religious beliefs and is a caring person. He sees the value in this approach. The article is tiled. “AL-ZAYDI CALLS ON CHRISTIAN BUSINESSMEN ABROAD TO RETURN TO IRAQ“ Do you remember the Nouri al-Maliki days? I think he even hated himself…lol… lol…

Prime Minister Ali al-Zaidi called on Christian businessmen abroad on Tuesday to return to Iraq and contribute to development. His media office said in a statement received by Shafaq News Agency that Al-Zaidi today visited St. Joseph’s Church in the Mansour district of Baghdad, where he met with His Beatitude Patriarch Younan III Nona. During the visit, Al-Zaydi congratulated the Patriarch on gaining the Pope’s trust and assuming the patriarchal throne of the Chaldean Church in Iraq and the world, stressing the work to consolidate the Iraqi national fabric and enhance coexistence among its components.

SUMMARY

So, I ask again about this Economic Transformation, are these just going to be words again or is Iraq seriously going to pull this off this time? We see many of pieces put in place already during al-Sudnai’s four years. Can al-Zaidi carry the ball and continue it? Can he do a slam dunk and get us the RV? All we can do is sit back and see what they do. But I will tell you this does not look like a decade long plan to implement and can be done quickly if they get serious about it, which is sound like they are.  

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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. 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

“The Party Of The BLUE Is Dead”

Go to the 13:31 mark in video for the prophecy. From May 22^nd.     

“The 2026 Midterms Will Not Be Stolen ”

Go to the 21:46 mark in video for the prophecy. From May 22^nd.   

“Great Judgements Are Coming Against Big Banks”

Go to the 19:13 mark in video for the prophecy.  From May 23^rd.    

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.  

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.

CUBAN ESCALATION. WILL THE US ATTACK CUBA?

Another Venezuelan Maduro-style kidnapping of Castro in the middle of the night…perhaps?

Why do I bring you these types of news articles? Is it just to report on the news? NO! It is because I am trying to make you understand there are other elements at work here. The prophets told us that God would start in the US first and then move out to other countries infected with this globalist ideology that makes corrupt governments. We now see what is going on in the UK, European Union, Australia, Venezuela, Cuba and Canada will rise up too.

VIDEO #1: THE HOUSE GOP ACCUSE SCHIFF OF ‘BLOCKING’ RUSSIA PROBE TRANSCRIPTS.

Why did Schiff block these transcripts from coming out 6 years ago?

It’s because he knew there was no evidence of Russian Collusion within the transcripts. It said just the opposite. This video was from 6 years ago.

Now, 6 years later what just happened this week is that these transcripts have been released. In an alarming reading of the transcript by house speaker Johnson, Schiff is finally done. See next video #2.  

VIDEO #2: TIME TO PROSECUTE ‘SHIFTY’ SCHIFF AND MAYBE OBAMA TOO.

You won’t believe what Johnson just EXPOSED about Schiff’s Russia Lies — He’s DONE!

During the session, Johnson referenced a declassified intelligence briefing, raising questions about statements Schiff had previously made over and over again regarding the Trump-Russia investigation, even though there was no evidence of collusion in the briefing given to Schiff. So, why did he continue his lies?

The other question we must now ask is who told Schiff to keep this false narrative alive? Was it Obama? I think this is about to explode into a deeper investigation.

BILL TO BAN FOREIGN CITIZENS FROM RUNNING FOR CONGRESSIONAL OFFICE

Do you remember I told you that the U.S. needs desperately to vet anyone that wants to run for any office in the U.S. including the house. Maybe we can prevent a lot of what we witnessed over these past decades of many of these foreign nationals (or should I say nicely placed spies) in our government. You all know exactly who I am talking about…don’t you.

TIM WALZ AND ILHAN OMAR DESPERATELY SCRAMBLING 

Two peas in the same pod…. Hey here’s an idea…lol..lol..lol. Maybe she can run for president and he could be her VP? I am only kidding of course.

THIS LIBERAL AGENDA FOR THE WORLD IS SATANIC

If I were you I would like VERY carefully what she has to say in this interview. It connects lots of dots.  

JEFF BEZOS ISSUES BOLD STANCE ON INCOME TAXES

Should the bottom 50% pay no federal income taxes?

AI the 4th industrial evolution….really?

DESANTIS JUST REVEALED HIS PLAN TO KILL PROPERTY TAXES!

Will his plan work in most states? But first the towns and districts must take a hard look at how the money is being spent. Is there room to cut abuse and stupid programs? Yes, a bit of common sense will go a long way in eliminated property taxes on individual home ownership.

Oh…. does this sound familiar? Yes, this is exactly what the federal govt is now going by going into each state one-by-one and finding waste, corruption and fraud. Of course, many are going to complain since it takes money out of their funding of these woke or unnecessary abuse  of programs that get them reelected rather than serving the needs of the majority of the people.

Can we follow Florida’s example in your state?

$50 TRILLION MISSING | THE US FINANCIAL COUP

Catherine Austin Fitts Exposes some staggering, mind-boggling figures of debt. Where did all this money go? This one is almost too painful to watch….

INDEPENDENCE FROM THE FEDERAL RESERVE MEANS DOWNSIZING AND EVENTUALLY NO FEDERAL RESERVE

Remember what the Federal Reserve is. It is run by the banking cartel and part of the global Central Banking system.

CAN THE FEDERAL RESERVE 50 YEAR CHARTER BE REVOKED?

Was it revoked before? The US government killed the first reserve bank in 1811 and then again in 1836. Find out why. What is coming in 2026-2028 will shake the financial industry. 

THE NEXT ECONOMIC EXPLOSION IN THE US

WHY CHINA ISN’T A SUPERPOWER, AS WE MAY THINK 

With Frank Dikötter.

THE DIFFERENCE BETWEEN A DEMOCRACY AND A REPUBLIC

I must first ask all my readers- is the US a democracy or a republic? If you listen carefully and understand what is said in this short video, you will then see that we are not a democrat form of government but rather a constitutional republic. This is why the Democrat party is always screaming ‘our democracy, democracy, democracy is at stake. I have news for them, we are not a ‘Democracy’. Shame on them for not knowing this simple fact. Let me explain why we don’t want a pure democracy.

However, are they just playing dumb? Do they really understand they threat that the Constitutional Republic does for their plans. They want a ‘pure democracy’ form of government, no constitution to limit them, yes to do away with the US Constitution so the mob can rule.

And just who it the mob? The mob will be the rule of law. It will be groups like rioting BLM protesters, No Kings rallies, etc. Just look at these riots, demonstrations and activists today. Do you want them determining your future?

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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

4 PILLARS FOR THE 2026 BUDGET

The country’s fiscal policy faces a critical test in maintaining economic stability, as the parliamentary committee on oil, gas, and natural resources has outlined four key pillars aimed at protecting the 2026 budget from external shocks. This legislative initiative comes amidst a complex regional and international environment, buffeted by oil market volatility and escalating geopolitical tensions in vital waterways, placing Iraq’s financial security under exceptional challenges. 

Member of the Oil Committee, MP Hawraa Aziz Al-Moussawi, said that the (2026) budget will be based on four main pillars, foremost among them setting a hedge oil price of about (60) dollars per barrel, in addition to rationalizing public spending, increasing non-oil revenues, and reducing dependence on oil as a main source of budget financing.

In her interview with Al-Sabah, she indicated that there are discussions within the committee regarding ways to reduce the financial deficit in light of declining global expectations for oil prices, warning that any change in the prices of oil derivatives may gradually affect the living conditions of citizens.

In the same vein, Dr. Ali Al-Azirjawi, a member of the State of Law Coalition, called for the adoption of an emergency plan similar to the Food Security Law should the 2026 budget not be approved within the constitutional timeframe. He explained that the current circumstances necessitate exceptional measures to ensure the continued and organized functioning of state institutions. He added that Iraq faces economic challenges related to the size of its internal and external debt, in addition to regional tensions that further complicate the overall financial situation.

For his part, economic researcher Bassam Raad considered setting a hedging oil price of (60) dollars per barrel a proactive step aimed at controlling public spending and avoiding the exacerbation of internal debt, but he pointed out that these data may not be sufficient to bridge the gap between revenues and actual expenditures, in light of the continued pressures on the general budget.

For his part, economist Nabil Al-Marsoumi suggested the possibility of postponing the (2026) budget to the year (2027), attributing this to the lack of time, the turmoil in the oil markets, and the fluctuation in export quantities, especially in light of the repercussions of the Strait of Hormuz crisis. 

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GOVERNMENT ADVISOR: THE DOLLAR IS THE BASIS OF IRAQ’S CASH RESERVES.

On Tuesday, Mazhar Mohammed Saleh, the financial advisor to the Iraqi Prime Minister, stated that diversifying Iraq’s foreign reserves within a balanced investment portfolio represents a strategic monetary policy aimed at enhancing financial stability and reducing the risks associated with relying on a single asset or currency.

Saleh told Shafaq News Agency that the management of foreign reserves at the Central Bank of Iraq is based on liquidity, security and return standards, explaining that the philosophy of managing reserves is based on achieving a balance between protecting the value of the national currency and ensuring the ability to intervene in the exchange market and finance foreign trade, in addition to reducing sovereign and financial risks resulting from global market fluctuations and geopolitical tensions.

He explained that Iraq, as an economy heavily dependent on oil revenues and foreign imports, keeps the US dollar as a key component of its foreign reserves due to its direct link to foreign trade, noting that the diversification policy also includes other currencies and assets such as the euro, yuan, and gold to enhance flexibility and reduce the risks of monetary concentration.

He added that the distribution of reserves is not limited to foreign currencies, but includes multiple investment instruments such as treasury bonds and sovereign deposits, explaining that the goal is not to achieve high profits as much as it focuses on maintaining security and liquidity while achieving an acceptable return.

He explained that gold is an important component of reserves within global diversification standards, as it provides a safe cover in times of turmoil, but it is not a complete substitute for the rest of the foreign assets because it does not generate a direct return and the costs of storing and securing it are high.

He stressed that the sound management of foreign reserves aims to achieve a balance between exchange rate stability, protecting the national economy, and reducing exposure to international market fluctuations, through building a balanced investment portfolio that provides liquidity, security, and an appropriate return.

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TOPPED BY THE SALARY SCALE: PARLIAMENTARY PRESSURE TO PASS 4 VITAL LAWS

 
MP Ali al-Daraji revealed on Monday that there is intense parliamentary activity and pressure being exerted within the House of Representatives to pass and amend a package of stalled strategic laws, most notably the law amending the salary scale and the military service law.

Al-Daraji told the Information Agency that “a group of members of parliament are leading a broad movement to pressure for the amendment and passage of four key laws that affect various segments of society.”

He added that “the laws targeted by this movement include amending the employee salary scale, the military service law, the retirement law, and the law on the rights of martyrs,” noting that “parliament is determined to continue the pressure to ensure these amendments are made in a way that guarantees social justice and fairness for the groups covered by them.”

It is worth mentioning that MP Abbas Hayal announced earlier that a vote on a package of important laws and legislation that has been languishing in parliament for a long time is imminent, stressing that the coming period will witness the enactment of laws that affect the lives of citizens and the security establishment.

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THE OIL AND GAS LAW TOPS THE PARLIAMENT’S PRIORITIES; MOVES ARE UNDERWAY TO LEGISLATE IT IN THE COMING PERIOD.

MP Qusay Abbas confirmed that the Oil, Gas and Natural Resources Law is a priority within Parliament in order to ensure its enactment in the next phase of the current legislative session of the Council.

Abbas told Al-Maalomah, “There is a priority for laws that have been pending for a long time without legislation, such as the oil and gas law, which is considered one of the laws that most need legislation in the current parliamentary session.”

He added that “this law has not been passed despite the succession of parliamentary sessions, and therefore it has priority in being passed during the next stage of the House of Representatives, in addition to the existence of other laws that need legislation.”

He explained that “other laws related to human rights, currently within the relevant committee, also require legislation in the next phase, in addition to many other laws too numerous to count precisely,” noting “a parliamentary will to enact laws that have been pending for a long time and have been carried over from previous sessions.” 

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MP: A PACKAGE OF STALLED LAWS WILL SOON SEE THE LIGHT, INCLUDING THOSE RELATED TO THE POPULAR MOBILIZATION FORCES AND RED CARDS.

Member of Parliament Abbas Hayal announced on Monday that a vote on a package of important and long-awaited laws and legislation is imminent, emphasizing that the coming period will witness the enactment of laws that directly impact the lives of citizens and the security establishment.

Hayal told the Information Agency that “Parliament intends to intensify its legislative role on strategic laws that have been stalled for years, most notably the law concerning holders of red cards and the communications and information technology law.”

He added that “the new amendments to the traffic law and the Popular Mobilization Forces law will be among the top priorities that will soon be enacted,” noting that “the relevant parliamentary committees have made significant progress in finalizing and drafting these laws in a way that aligns with the public interest.”

Hayal continued, “The current stage requires political consensus to pass these laws, setting aside political disputes, as they represent a fundamental pillar for regulating the work of state institutions and ensuring justice for broad segments of the Iraqi people.”

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DENYING THE PRINTING OF CURRENCY, A FINANCIAL ADVISOR REASSURES THE PUBLIC ABOUT IRAQ’S CASH RESERVES.

 
The financial advisor to the Council of Ministers, Mazhar Muhammad Salih, denied on Monday the circulating reports regarding the Central Bank of Iraq printing local currency outside of regulations, stressing that this process is subject to legal mechanisms and strict financial backing.

Salih told the Information Agency, “The talk circulating among the Iraqi public about the Central Bank printing local currency is completely unfounded,” explaining that “the currency printing process is governed by two legal mechanisms: the first depends on the actual market need, and the second is to address any shortage of cash liquidity.“

He clarified that “these two operations cannot be carried out without full backing in hard foreign currencies and gold,” noting that “the function of the Central Bank’s reserves is to maintain the stability of the exchange rate, and the current reserves are in very good condition and have never been withdrawn.”

In another context, Saleh revealed the fate of the budget, emphasizing that “preparing a budget for the remainder of this year is contingent upon halting the war of aggression against the Islamic Republic of Iran.” He noted that “if the war were to cease immediately, the government would be able to prepare an exceptional or indicative budget for the remaining months.” 

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NEW UNDERSTANDINGS BETWEEN BAGHDAD AND ERBIL… AL-ZAIDI “IMPLEMENTS LONG-AWAITED KURDISH DEMANDS”

Wafa Muhammad Karim, a member of the Kurdistan Democratic Party, said on Monday (May 25, 2026) that the visit of the Prime Minister of the Kurdistan Region, Masrour Barzani, to Baghdad was very important, especially in light of the positive understandings with the government of Prime Minister Ali al-Zubaidi.

Karim told Baghdad Today that “there are many outstanding contentious issues between the governments of Baghdad and Erbil that have persisted for more than a decade and a half, but the current phase has witnessed practical steps to implement a number of demands, especially those related to the oil file and moving towards enacting the oil and gas law.”

He added that “the current moves also include fixing the region’s share of the budget and keeping the issue of salaries away from political wrangling, which the Prime Minister emphasized during his recent statements.”

He explained that there is “full support for the government of Ali al-Zaidi as long as it continues to implement the constitutional demands that he had previously emphasized during his visit to Erbil,” indicating that the agreements related to the oil file, the “Sycoda” customs system, and the state’s revenue shares, in addition to the return of oil companies to work in the Kurdistan Region, all need broad political and parliamentary support.

Karim pointed out that implementing Article 140 and guaranteeing the region’s share of the budget are an essential part of the ongoing understandings between the two sides.

He explained that Masrour Barzani held meetings with a number of political leaders from the Sunni and Shiite components, with the aim of rallying political and parliamentary support for the agreement concluded between the governments of Baghdad and Erbil.

He added that the regional government also submitted a proposal to Baghdad regarding the lighting project and support for electricity in Baghdad and other governorates, in addition to the governorates of the Kurdistan Region, noting that the Minister of Electricity was present during these moves.

He stressed that “the current indicators are very good,” noting that Masrour Barzani expressed his optimism about the new government, and considered that “the positive points in the relationship between Baghdad and Erbil have become more than the points of contention.”

Relations between the federal government in Baghdad and the Kurdistan Region have been marked for years by multiple contentious issues related to oil, gas, the budget, the salaries of the region’s employees, as well as the management of border crossings and the implementation of Article 140 concerning the disputed territories.

During the last phase, political calls intensified for finding lasting understandings between the two sides, given the need to strengthen political and economic stability, especially with the continued financial, energy and services challenges in Iraq.

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GOVERNMENT ADVISOR: THE DOLLAR IS THE BASIS OF IRAQ’S CASH RESERVES.

On Tuesday, Mazhar Mohammed Saleh, the financial advisor to the Iraqi Prime Minister, stated that diversifying Iraq’s foreign reserves within a balanced investment portfolio represents a strategic monetary policy aimed at enhancing financial stability and reducing the risks associated with relying on a single asset or currency.

Saleh told Shafaq News Agency that the management of foreign reserves at the Central Bank of Iraq is based on liquidity, security and return standards, explaining that the philosophy of managing reserves is based on achieving a balance between protecting the value of the national currency and ensuring the ability to intervene in the exchange market and finance foreign trade, in addition to reducing sovereign and financial risks resulting from global market fluctuations and geopolitical tensions.

He explained that Iraq, as an economy heavily dependent on oil revenues and foreign imports, keeps the US dollar as a key component of its foreign reserves due to its direct link to foreign trade, noting that the diversification policy also includes other currencies and assets such as the euro, yuan, and gold to enhance flexibility and reduce the risks of monetary concentration.

He added that the distribution of reserves is not limited to foreign currencies, but includes multiple investment instruments such as treasury bonds and sovereign deposits, explaining that the goal is not to achieve high profits as much as it focuses on maintaining security and liquidity while achieving an acceptable return.

He explained that gold is an important component of reserves within global diversification standards, as it provides a safe cover in times of turmoil, but it is not a complete substitute for the rest of the foreign assets because it does not generate a direct return and the costs of storing and securing it are high.

He stressed that the sound management of foreign reserves aims to achieve a balance between exchange rate stability, protecting the national economy, and reducing exposure to international market fluctuations, through building a balanced investment portfolio that provides liquidity, security, and an appropriate return.

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PARLIAMENTARY COMMITTEE: THE 2026 BUDGET WILL BEBASED ON A “HEDGING” OIL PRICE OF AROUND $60.

(Mnt Goat: Folks, once again I have to come and say that the budget is NOT base on the rate of the dinar. Read the article and weep all you idiot intel gurus, namely TNT Tony and many others. There will not be an RV rate to the dinar in the budget. Instead, the budget is based on the price of oil. Read the article yourself. I am not making this up! 😊 This will continue until the dinar is repegged to a basket of currencies and back on FOREX. Until this timeframe  they will continue to use the petro-dollar which is the price of oil. Oil is the main source of revenue to fulfill the budget, get it? We are NOT going to get our RV because of the budget coming out, get it? Are you stupid of what? When the economy is diversified enough as the told us will be only 45% of total revenues to fulfill the budget will be oil based. Then the can’t use the price of oil solely anymore to budget, can they? They must then move to the rate of the  dinar. But they are not there yet.)  

The Oil, Gas and Natural Resources Committee of the House of Representatives identified 4 features of this year’s budget.

According to the official newspaper, committee member Hawraa Aziz Al-Moussawi said, “This year’s budget will probably be based on adopting a lower (hedging) oil price in the 2026 budget, reaching about $60 per barrel, rationalizing spending, increasing non-oil revenues, and reducing complete dependence on oil.”

She explained, “There are discussions related to trying to reduce the financial deficit with the decline in global oil price expectations, because any increase in the price of oil supplied to local refineries may gradually affect the citizen.”

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AL-ZAYDI’S GOVERNMENT: OPENS THE FILE ON FROZEN FUNDS TO INTEGRATE FACTIONS; THE DECISION RESTS WITH WASHINGTON.

May 26, 2026 – 11:43 PM

An informed source revealed on Tuesday that the government of Ali al-Zaidi intends to address Washington to release part of Iraq’s frozen funds in some international banks to cover the allocations for the elements of the factions that will be integrated into the directorates of the Popular Mobilization Forces and some security and military ministries.

According to the source, who spoke to Shafaq News Agency, integrating the members of the armed factions who agreed to hand over their weapons to the government and join the government institution requires large financial allocations compared to their numbers, which exceed 800,000 people.

The source explained that most factions agreed to hand over weapons, with the exception of the Al-Nujaba Movement and the Sayyid al-Shuhada Brigades.

According to the source, the issue of releasing frozen funds does not only include funds in Washington banks, but also in some European countries. If Washington agrees to Iraq’s request, the remaining banks in other countries will certainly agree to release the frozen Iraqi funds.

According to the source, significant changes will affect the Popular Mobilization Forces after the completion of the process of integrating the factions’ elements and sorting its directorates according to the approved structure of the institution, the most important of which is replacing the head of the body with an alternative candidate, “Ali Mayah Al-Zaydi”, in the event that “Abu Fadak” is not approved as a replacement for Al-Fayyad.

The source concluded that “meetings between the leaders of the coordination framework are continuing to resolve the issue of armed factions outside the official state framework.”

Recently, disagreements have escalated within the Coordination Framework forces regarding the American proposal to disarm the factions and dissolve or integrate the Popular Mobilization Forces.

An informed government source had previously revealed that some political forces and armed factions had shown “flexibility” regarding the issue of restricting weapons to the state, after having been rigid on this matter, indicating that the process of handing over weapons would be within a specific timeframe.

Prior to that, an informed source had revealed to Shafaq News Agency on May 9 that the Coordination Framework had agreed with Prime Minister-designate Ali al-Zaidi to form a committee tasked with disarming armed factions, coinciding with the call made by the leader of the Sadrist movement, Muqtada al-Sadr.

On May 15, Nazim al-Saidi, head of the executive council of the al-Nujaba Movement, one of the most prominent armed factions, confirmed that the “weapons control” clause included in the new government’s program does not include “resistance weapons” but rather those that cause “chaos.”

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AL-ZAYDI CALLS ON CHRISTIAN BUSINESSMEN ABROAD TO RETURN TO IRAQ

Prime Minister Ali al-Zaidi called on Christian businessmen abroad on Tuesday to return to Iraq and contribute to development.

His media office said in a statement received by Shafaq News Agency that Al-Zaidi today visited St. Joseph’s Church in the Mansour district of Baghdad, where he met with His Beatitude Patriarch Younan III Nona. During the visit, Al-Zaydi congratulated the Patriarch on gaining the Pope’s trust and assuming the patriarchal throne of the Chaldean Church in Iraq and the world, stressing the work to consolidate the Iraqi national fabric and enhance coexistence among its components.

Al-Zaydi stressed that Christians are an integral component of the Iraqi people, calling on businessmen from this community residing abroad to return to Iraq and contribute to economic, development and construction projects. For his part, the Patriarch congratulated Al-Zaidi on gaining the confidence of the House of Representatives and forming the government, wishing him success in performing his duties.

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PRIME MINISTER’S ADVISOR: IRAQ IS ON THE VERGE OF MAJOR ECONOMIC CHANGES UNDER THE GUIDANCE OF AL-ZAIDI

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed on Wednesday (May 27, 2026) that Iraq is going through an important transitional phase at the economic level, noting that the directives of Prime Minister Ali al-Zaidi have brought about a shift in the philosophy of managing the state’s financial and economic affairs, which paves the way for broad transformations during the coming period.

Saleh said in a statement followed by “Baghdad Today” that “Al-Zidi assigned the Minister of Finance the duties of Deputy Chairman of the Ministerial Council for the Economy, which is a measure that reflects the philosophy of the modern state that sees the Ministry of Finance as a sovereign institution concerned with planning the economic future, and not just an entity for distributing salaries.”

He pointed out that “Iraq is about to undergo broad changes in its economic structure,” noting that “the Prime Minister has asked the Ministry of Finance to prepare a long-term plan and move from the role of treasurer to a ministry that leads the reform of the philosophy of the economic system and creates a balanced partnership between the state and the market, within the framework of Iraq Vision 2035.”

Saleh explained that “the Ministerial Council for the Economy has become the main engine for economic policies, and that it will lead the next phase by transforming temporary solutions into sustainable institutional work aimed at reforming the structure of the national economy.”

He also explained that “implementation includes comprehensive oversight extending from the Financial Control Bureau to ministries such as industry and agriculture, reaching the oversight of financial markets,” stressing that “the citizen is the primary goal of development programs and improving the standard of living.”

In the same context, Saleh stressed that “the Central Bank of Iraq is independent in its work, but it coordinates within the Ministerial Council for the Economy, which is headed by the Ministry of Finance,” explaining that “there is a Council for Economic, Monetary and Financial Stability in which all essential economic files are presented.”

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TARTUS PORT EXPORTS ITS FIRST “TRANSIT” SULFUR SHIPMENT FROM IRAQ

On Tuesday, the port of Tartus witnessed the export of the first “transit”sulfur ship loaded with about 10,000 tons, coming from Iraq via Jordan, in a step that reflects the growing transit movement through Syrian ports.

The port authority stated in a statement followed by Al-Sa’a Network that “this shipment is the first of its kind for Iraqi sulfur to arrive via Jordan at the port of Tartus in preparation for exporting it by sea, which demonstrates the growing confidence in the port as a pivotal logistics center on the Mediterranean.”

The statement added that “the total quantity planned for export through the port is about one million tons, which will contribute to enhancing trade activity and regional transit traffic during the coming period.”

(Mnt Goat: Iraq’s oil and gas resources have one of the highest quality types of sulfur. Most sulfur production in Iraq is in the form of lumps and has a good amount of granules. We are one of the largest exporters of this product, which we can supply to you in the form of jumbo bags, containers and bulk ships.) 

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FORMER MP: THE GOVERNMENT FACES TWO PATHS: BORROWING OR RAISING THE EXCHANGE RATE.

(Mnt Goat: They are talking about increasing the exchange rate of the dollar not the dinar. Increase it from 1320 to 1500ish. This is not good for us. Will the CBI go along with this? Let’s wait and see. WARNING: they are NOT talking about the RV as many intel gurus are going to jump on the bandwagon and try to convince you they are increasing the rate of the dinar. However they can RV and this may put pressure on the CBI do it.)

Former member of the parliamentary finance committee, Abdul Hadi Mouhan, confirmed that the new government faces two paths: either external borrowing or increasing the exchange rate domestically in order to increase revenues under the current circumstances.

Mohan told Al-Maalomah, “There are two paths for the new government led by Ali Al-Zidi to ensure the securing of expenses, especially operational ones, by moving towards external borrowing, which is the most dangerous path that Iraq will face if it goes in this direction.”

He added that “the second path that the government may resort to in order to increase its revenues is to go towards raising the exchange rate, which is the least dangerous path compared to going towards external borrowing, which is a double-edged sword for Iraq.”

He indicated that “the government will most likely move towards raising the exchange rate in the upcoming budget in order to address the existing inflation and the deficit in the federal budget, and to ensure that the economic situation does not collapse.”

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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

a

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:

May 21, 2026 Mnt Goat News Brief

Guten Tag everyone:

Appears Iraq made it through the election cycle and has their new prime minister. Now what will he do? Let’s tie into the news from Iraq to learn his agenda for Iraq. Let’s explore today what will be their strategic plan for the near future in this next phase for Iraq.

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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Proverbs 11:25

A generous person will prosper; whoever refreshes others will be refreshed.

STATUS OF THE RV

Okay, so here we go again another round of dealing with the insanity of Iraq letting these Iranian Quds Forces stay within their country, post ISIS war, and even worst paying them now to be there.

The dilemma – How do you now get rid of the PMF and Factions?   

The former prime minister al-Sudani did not have much concern over taking the ball and running with it to develop a plan to resolve this issue of the militias in Iraq. When these terrorist factions attacked U.S. bases and interests in Iraq, he also did nothing to prevent them or react to them. Yes, nothing but fancy words and no action of not wanting Iraq to become another battleground. So, was he suggesting that it is going to take military force to rid Iraq of these factions? Will the U.S. eventually have to step in and help Iraq through the ongoing Status Of Forces Agreement?  What is Zaydi’s plan?

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So, in the news this period we learn that President Trump sent yet another envoy to Iraq retired general Petraeus. This time to work out a plan for the disarming of the PMF and getting rid of the terrorist factions. Remember when in uniform, he was one of the commanders for occupied Iraq. He then went on to director of the U.S. CIA so I think he knows a bit about Iraq.

😊 In this regard I bring you a couple articles. The first titled “AFTER MEETING WITH IRAQI LEADERS, PETRAEUS HANDS WASHINGTON AN “IMPLEMENTATION PLAN” FOR DISARMING WEAPONS.”   In a notable development concerning the arms file in Iraq, the newspaper “Al-Sharq Al-Awsat” revealed high-level diplomatic and security moves that took place in Baghdad during the past few days, led by US General David Petraeus, amid talk of preparing an “executive paper” believed to include a vision for restructuring the security landscape and ending the current formula for armed formations, most notably the Popular Mobilization Forces, through integration and reform mechanisms within official institutions .

The newspaper, in a report seen by Al-Sa’a Network, quoted its sources as saying that “Petraeus stayed for 5 days in Baghdad, during which he met with high-ranking Iraqi officials, and the fate of the Popular Mobilization Forces fighters was at the heart of serious discussions .” She added that “Petraeus’s meetings focused on one goal, which is to reform the military establishment and end the current form of the Popular Mobilization Forces, while exploring viable mechanisms for integrating its members into the security institutions.”  

Next this article on meeting with Kurdistan leaders on the PMF issue. It is titled “MASROUR BARZANI MEETS WITH THE HEAD OF THE POPULAR MOBILIZATION FORCES”

The Prime Minister of the Kurdistan Region, Masrour Barzani, met today, Saturday, May 23, 2026, in Baghdad, with the head of the Popular Mobilization Forces, Faleh al-Fayyad.

The statement from the meeting emphasized respect for the constitution and the federal system, and the need to maintain security and stability in Iraq and the Kurdistan Region. As you can see the meeting statement did not say too much that we didn’t already know. However, the meeting in itself shows us that the efforts to decide what to do with the PMF is in motion and Kurdistan is finally getting involved.

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So, again I need to mention that the President Trump is not going to just walk away from Iraq and Iraq is on his radar for bringing American companies for development and interest into the region. This will not happen until Iraq proves as a sovereign nation. We see this most now in the article titled “AN AMERICAN PERSPECTIVE: BAGHDAD IS AN “IRANIAN PROVINCE,” AND ITS SEPARATION IS A PRIORITY BEFORE THE ZERO HOUR.”  So, what is this ‘zero hour’ they are talking about in this article? I believe that if they can resolve this Iranian issue with the PMF and the factions we soon see an explosion of development in Iraq.

David Des Roches, a former Pentagon official and associate professor at the Near East and South Asia Center for Security Studies, confirmed that the United States views “Iraq’s sovereignty” as the most important objective in the next phase, warning against the country becoming a “state subservient to Iran,”  

The slogan ‘IRAQ FIRST’ reflects Trump’s conviction that economic development serves American interests, and that Washington wants to see Baghdad succeed. Regarding the relationship between Baghdad and Tehran, Des Roches described the required balance as a “real challenge, ”noting that some armed factions within Iraq “take their orders from Iran,” which hinders the ability of Iraqis to pursue their national interests.”  The former Pentagon official asserted that “Iran is treating Iraq as an Arab province under its control with a seat at the United Nations,” adding that “the Iraqi nation is strong, and its destiny is greatness, not subservience.”

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IRANIAN CONFLICT: Where does it stand now?

There are three very good article that together tell us a story of where this Iranian conflict is going and how much longer we have to wait. I encourage everyone to go read all of them. The first one is titled “TRUMP ANNOUNCES PRELIMINARY AGREEMENT WITH IRAN.” In it the US President Donald Trump announced on Saturday that a preliminary agreement had been reached with Iran, which includes opening the Strait of Hormuz.

Senator Lindsey Graham, for his part, stressed that if the belief prevails in the region that the agreement with Iran allows the regime to survive, then America will have “poured oil on the conflicts in Lebanon and Iraq.”

Graham said in a post on the X platform that “an agreement that is seen as allowing Iran to remain and have the ability to control the strait in the future will put Hezbollah in Lebanon and Shiite militias in Iraq in a very strong position.”

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Then another article came out shortly after with more details titled “IRANIAN OFFICIALS REVEAL DETAILS OF THE PRELIMINARY AGREEMENT WITH AMERICA”. Iranian officials have revealed details of the preliminary agreement with the United States, announced by US President Donald Trump. The New York Times quoted these officials, who were not named, as saying: “Tehran has agreed to a memorandum of understanding that would halt the fighting and reopen the Strait of Hormuz.”

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Then the next article soon came out with yet more information on this subject matter titled “WASHINGTON TIMES: QALIBAF, J.D. VANCE, WYTKOFF, AND KUSHNER HAVE APPROVED THE DRAFT AGREEMENT.”

The Washington Times reported on Saturday that Qalibaf, JD Vance, Wytkov, and Kushner had approved the draft agreement. The newspaper stated that “Iranian Parliament Speaker Mohammad Baqer Qalibaf, US Vice President JD Vance, US Special Envoy to the Middle East Steve Wittkopf, and US President’s Envoy Jared Kushner approved the draft agreement.”

She added that “America and Iran will announce the completion of the peace agreement within 24 hours.

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😊 Then one more bit of news on the subject matter in this next article titled “TRUMP: THE FINAL DECISION ON IRAN MAY BE MADE TOMORROW.” On Saturday, US President Donald Trump revealed his hesitation between moving towards a new agreement with Tehran or launching a military strike against it. Trump told Axios that he would hold a meeting today with his top advisers to discuss the latest draft of the agreement with Iran, noting that a final decision could be made tomorrow.

He added that he would later meet with envoy Steve Wittkopf, along with Jared Kushner, to discuss the latest Iranian response, explaining that JD Vance might join the meeting. Trump indicated that he would not accept any agreement that did not address the issue of Iranian uranium enrichment and the fate of the current stockpile of uranium, stressing that these issues represent the core of any possible understanding with Tehran.

Trump declined to provide details about the agreement, but said things were “getting better and better every day.” Earlier today, the Iranian Foreign Ministry announced that it had put the “final touches” on the memorandum of understanding with the United States, indicating that negotiations were moving towards reducing differences with Washington.

CORRUPTION CLEANUP IN IRAQ

Then like in the US we are also going to see (already seeing) a cleanup of the corruption that has plagued Iraq for two decades in the article titled “NO RED LINES… PARLIAMENTARY INTEGRITY COMMITTEE VOWS TO EXPOSE BIG NAMES IN THE THEFT OF THE CENTURY”. But first Iraq must get the Iranian influence out as it is effecting this influence on Iraq. Member of the Parliamentary Integrity Committee, Ahmed al-Shammari, revealed on Wednesday that “there is close parliamentary and oversight activity underway to reopen the infamous “Steal of the Century” case in the coming days. He emphasized the determination to pursue and expose all names and figures involved in this major economic crime without any red lines.”

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Then in this news we find that yet more political figures are fingered out for participating in terrorist activities inside Iraq. Other terrorists activities effect other countries in the region too and are also being cleaned out. The article is titled “AMONG THEM ARE MEMBERS OF PARLIAMENT: THE US TREASURY SANCTIONS NINE INDIVIDUALS FOR ALLEGEDLY FACILITATING HEZBOLLAH ACTIVITIES.” The US Treasury Department announced on Thursday new sanctions targeting nine individuals accused of facilitating Hezbollah’s activities and undermining Lebanese sovereignty. The sanctions package included members of the Lebanese parliament, the Iranian ambassador to Beirut, Mohammad Reza Raouf Sheibani, and Lebanese security officials, who it said “exploited their positions to support Hezbollah and obstruct efforts to disarm it.”

The US Treasury, in a statement translated by Shafaq News Agency, said that the sanctioned individuals “serve Tehran’s malicious agenda and impede the path to peace and recovery for the Lebanese people.”

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A RADICAL ECONOMIC TRANSFORMATION:

Now let’s get on with some of the really good news that Iraq is telling us that should be our expectation for this next phase that Iraq keeps talking about. Next phase? This means the future phase under this next prime minister.

It seems there is always a ‘next phase’ and it brings Iraq yet closer to what we all want. But does it really or is it just all talk. By these recent couple articles, I am going to show you today, we can see that, if they can pull off from what they are talking about doing, to what they actually do, we will see what we want too- the reinstatement. It has to come  as a natural next phase after this one.

So the cards are all laid out on the table. Now we must turn them over and see what we get. Will we get a ‘full house’ or just a matching pair in the game of Iraqi poker? These coming events are all coupled together. One must bring about the other (or the fulfillment of the total desired result) or this next phase will not work and they know it.

Of course, this next phase DOES NOT include Iran in the picture and so the push to illuminate this influence first is now ongoing. It is a prelude to this next phase. This is why it is so important. I am told by my CBI contact we need to watch these developments with Iran carefully as they are key for Iraq to move ahead into this next phase. Completion of this next phase is going to drive what we want. Get it?

So, let’s look at these two amazing articles on this subject matter in today’s news:

😊 In the article titled “GOVERNMENT ADVISOR: THE MINISTRY OF FINANCE IS PREPARING A THREE-YEAR EMERGENCY PLAN TO BOOST REVENUES” we can see evidence of this next phase and what intend to do. Iraq is not only going to address the shortfall in financial revenues but the plan also includes a massive restructuring of the Iraqi economy so this may never happen again (or at least lessen any impact greatly). WOW! WOW! WOW!

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, said that “Iraq is facing a financial gap estimated at about $9.5 billion per month as a result of the decline in oil exports,” He revealed on Friday five options to address the shortfall in financial revenues and restructure the Iraqi economy, in light of the challenges resulting from the decline in oil exports and the closure of the Strait of Hormuz, while indicating that the Ministry of Finance is moving towards preparing a three-year emergency plan to boost revenues.

This three-pronged emergency plan that includes:

1.internal and external borrowing, in addition to measures to maximize non-oil revenues through taxes, fees and financial reforms.”  He added that “maximizing non-oil revenues is the most strategic option in the medium and long term” They plan to do this through controlling border crossings and customs, automating the tax system, reducing the informal economy (parallel market), and improving collection without harming economic activity.

2.He also noted that “implementing the Government Financial Management Information System (IFMIS) contributes to strengthening financial oversight, reducing waste and corruption, and raising the efficiency of public spending management.”

Saleh stressed that “reforming the banking sector, especially Rafidain and Rasheed banks, is necessary to develop development finance, digital and credit services, as well as the importance of reforming private banks to achieve financial inclusion, support small and medium enterprises and attract investments.”

3.He explained that “activating the Public-Private Partnership Law would alleviate pressure on the general budget and create new job opportunities, provided that a stable legal environment, investment guarantees, and combating administrative corruption are provided,”

Salih stressing that “any emergency plan will not succeed without real financial reform that includes controlling operational spending, reducing waste in government contracts, and adopting spending priorities linked to production and development.”

Saleh explained that “the current crisis represents a real test for the structure of the Iraqi economy, which is dependent on oil,” stressing that “accelerating financial and banking reforms and diversifying the economy will enhance the state’s ability to cope with geopolitical and economic shocks.”

Okay, okay this news today stresses once again banking reforms. So what were all these past articles about implementing banking reforms we have been reading about all about? Was it all just talk and no action? Did they lie to us investors? Didn’t they actually implement these reforms already? How many more times are we going to read about these damn banking and financial reforms? Just get them done and stop talking about them, enough already!!!! ☹ So, let’s see if Iraq really carries out these plans this time.

This next article really hits it home yet even more about this upcoming next phase. It is titled “GOVERNMENT ADVISOR: NEW FINANCIAL STRATEGY TO RAISE NON-OIL REVENUES TO 45%”. This is a huge amount. I especially like it because it gives us a benchmark to go by. We know already that Iraq has lowered already the dependence on oil but only by about 5-10% over the last couple decades. That’s not a lot of progress. So, this is going to be a drastic change, a huge change in thinking for Iraq. But if they can pull it off how long will this take? Let’s take a better look at the strategy and this may give us some idea how long. Remember that they are moving ahead with the Development Road project, the port of Faw is already open and the ASCUNDA system it implemented and just needs to finalize districts in Kurdistan for full implementation. So lot’s of the ground work is already laid. We also previously learned about these Financial and Banking reforms and so my opinion is they are now giving us a ‘snow’ job on this recent information too as it too is already mostly done. Remember this:

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting “a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil”.

Saleh told Al-Furat News that “Prime Minister Ali Al-Zaidi, during the historic meeting with the Iraqi financial authority held on May 23, 2026, outlined a firm vision for building the future of public finance in the country,” explaining that “the new beginning came from a fundamental pillar represented by announcing the alternative path for public finance and Iraqi financial policy.”

He added that “diversifying public revenues and breaking dependence on the single resource of crude oil, and ending the Iraqi economy’s connection to the geopolitical risks of the energy market, has become a necessity that must be achieved,” noting that “the Strait of Hormuz shock has reaffirmed the importance of redrawing future maps by adopting economic and financial diversification.”

 ”noting that “the plan aims to raise the contribution of non-oil revenues from less than 10% currently to about 45% as a first stage.”

In this next part of the article we get a feeling of what is going to change in the strategy for this next phase.

He added that “achieving this percentage requires a fundamental shift in the philosophy of public finance, from merely distributing resources to operating and producing them, through establishing a strong relationship with the market economy based on institutions, efficiency and production.”

He added that “previous budgets were linked to operational spending, especially salaries and subsidies, which made the margin for developmental investment limited, while the new approach means moving to a model based on advance planning, setting priorities and measuring results.”

Saleh continued, “This transformation requires a change in the philosophy of the state’s management of public resources, so that the budget is based on programs and objectives and not just on traditional items, and that every dinar spent must have a tangible economic and social impact.”

He pointed out that “involving the private sector in implementing development projects is a key element for the success of this approach, because it reduces the burden on the state,  

So, I ask again, are these just going to be words again or is Iraq seriously going to pull this off this time? All we can do is sit back and see what they do. But I will tell you this does not look like a decade long plan to implement and can be done quickly if they get serious about it, which is sound like they are.  

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SUMMARY

There is much progress being made in the planning for this radical economic transformation to bring Iraq in the direction we all need it to go. My CBI contact has informed me that meetings are being held to discuss these plans now with the new prime minister, his finance committee and the US Treasury.

So, the government is finally formed and the rest of the ministers will be ratified soon. These are the critical ministers who will mean the most in Zaydi’s cabinet and the work that needs to be done. So, he is selecting them carefully. The U.S. is also carefully monitoring his new cabinet members checking for connections to Iran, terrorist organizations and the ongoing corruption schemes.

According to all the new on the Iranian conflict we could see a final deal for peace coming VERY soon, if not done already as I write this today.

There is not much more to add except maybe go read the articles. They are all very informative on the direction we see Iraq now heading. The direction is all VERY positive.

There are a couple more issues I need to address and the first is dealing with an article titled “CENTRAL BANK GOVERNOR: NO CHANGE IN THE EXCHANGE RATE AND EMPLOYEE SALARIES ARE GUARANTEED”. So here we go again each time there is a hiccup in the economy…. Must we go down this rabbit hole again? So, again the CBI comes out and assures everyone that they are NOT going to change the ‘official’ rate of the dinar which will stay at 1320 dinars per dollar. We must remember that raising the exchange rate of the dollar against the dinar means more dinars per dollar and that is not good. They are NOT talking about revaluing the dinar but rather this action, if they did do it, would devalue the dinar. Get it? Yes, going from 1320 to 1500 is a devaluation.

• When you raise the rate of the dollar against the dinar it is a devaluation. Meaning more dinars per dollar. Each dinar is worth less in US dollars.

• When you raise the rate of the dinar against the dollar it is a revaluation. Meaning less dinars per dollar. Each dinar is worth more in US dollars.

I quote from the article “The Governor of the Central Bank, Ali Al-Alaq, commented today, Tuesday, on news reports about raising the exchange rate of the dollar to cover the financial deficit gap in the federal budget for 2026.”  Remember Al-Alaq controls the exchange rate of the dinar and any real changes to it would mean courtesy meetings with the prime minister and his finance committee to discuss and agree on a change. Do you think the US Treasury and IMF would also want to know and have some say in it?

Don’t you think Al-Alaq would want to do this? Do you actually think he would just do an RV and reinstate the dinar to FOREX without letting everyone know, including the citizens. This talk is just total nonsense and I mean bullshit and it can’t happen and it is just ‘opinions” of economists once again who are babbling on what to do to fix the shortfall in the budget. You can’t run a country on ‘opinions’ trying to satisfy everyone else’s ‘opinions’ of what should be done. You have to base it on FACTS and creditable DATA to back up the FACTS if necessary.

I want to point out that my last comment about ‘opinions’ is exactly the way the democrats try to view and govern in the US politics when in control. They call this a democracy but in the U.S. it is not a “Democracy” as it is a ‘Constitutional Republic’ and the people in charge must rule according to the constitution first not opinions or a small majority. You CAN NOT govern by a mob rule and trying to satisfy the ‘opinions’ of all the people who voted for you. Democracy only comes into play in US politics when we select our representatives in the government during regular voting periods. We call them ‘representatives’ because they are supposed to represent the MAJORITY in their constituents that voted for them not pandering to a small population of ‘opinionated’ people or should I call them idiots.    

The second issue I want to address is a video clip played in Iraq. It is in Arabic and there is no translation on it to show when watching. I asked my CBI contact to translate it and she did. It all about a desire to set up a governmental committee and Us Treasury to review/study restoring the Iraq dinar close to a one to one with the dollar. Yes, it is all good news but the committee does not yet exist. One of the members talked is working now with the US Treasury in the Central Bank to detail the plans to get to one to one.

One thing is there is a solid plan already in place to bring back the dinar to its ‘glory days’. The CBI governor Ali Al-Alaq has taken this plan to heart as his pet project. He is committed to it. But the project will not succeed without the full support of the US Treasury and he knows it. As much as al-Alaq would want to just RV and Reinstate the dinar it is NOT possible and it is NOT entirely under his total control. Get it?

The move to FOREX is not physically under his control. There is the IMF and the US that controls it. Get it? The US specifically controls any physical moves to the foreign exchange not Iraq. Please stop believing all this stupid nonsense by these idiot intel gurus out there. Yes, Bruce on the Big “stupid” call, TNT Tony, Frank25, MarkZ and many others I mean all of you. Stop your stupid ideas born from over-speculating with mind boggling stupid, misinformed ideas and stick to the FACTS. All the FACTS are staring us right in the face only many refuse to see it.  

So here is a link to a recent video being broadcast in Iraqi television. It just like any other commentary. They are talking about raising the rate of the dinar to one to one with the dollar. This does not mean that Iraq is doing it now. Get it? They are discussing it in their small forum of three people who call them financial experts. Mazen says he is working with the US Treasury right now to restore the dinar one to one. You can hear them talking about the dinar. I have a written transcript of the conversation but it is a rough translation from Arabic to English. It was given to me from my CBI contact. Maybe you can hunt around and find a better translation?  

TRANSLATION:

The first step is a good one, and Professor Mazen knows that the very infrastructure of the economy is the currency. Currency, currency, and currency, it’s all about the currency value and what it can buy. We need to issue a new currency of the dinar after the thousand dinars with the three zeros gone. The dinar will equal one dollar, and I am sitting with the American U.S. Treasury discussing this topic now. This means you remove the three zeros. They said this is a great idea. What is the idea? They call it repegging, meaning you tie the value of the dinar to the value of the dollar and another group of currencies, not just sole dollar, as it is today.

Mazen is asked, you have been to the Emirates several times. What is its rate of the Diram to the dollar? It is 3.65 says Mazen. It has been like this for almost 40-50 years.   

Well, this process is called the process of removing zeros. You have a problem with revenues in Iraq. We will create a new currency of the dinar (newer lower denominations). This dinar in the past has been pegged since 1996 to the dollar. It will remain one to one. This means if you have 100 dollars in your pocket, you will have 100 dinars in your pocket. But this can strengthen the Iraqi dinar, as in the seventies we were close to one dinar per three dollars against the dollar.  

The dinar is a real dollar from petro-dollars. The global economy said that if you succeed and create a new currency and an agreement between the American Federal Reserve and Iraq to adhere to the price, the value of the Iraqi dinar for the next fifty years could solve about seventy percent of the economic problems in Iraq.

This means every contract with venders must be the same. Turning the dinar digital will mostly help in this manner of trade and contract work. The dinar digital project is underway. If it turns digital, how much will be digitizing the dinar really serve us? Right now, I have paper money in my jacket, and I don’t know, we all have it. Its estimation of value is low. The concept of the dinar changes with the mechanisms of dealing with it. But of the real value, the ideal dinar, there is no longer anything called a thousand. No one opens and tells you that the price of the dollar becomes a dollar equal to the dinar. The dinar cannot be divided; it must become a hard currency in any country in the world. If you enter and pay in dinars, they say it is the same as the dinar is the dollar. This means about sixty to seventy percent of the economic problems Iraq faces can be resolved with the dinar change.

A negotiator has gone to solve it for you with the American Federal Reserve. They told me that in three months they could give me this commitment or not. Sitting with the Americans, of course, in three months, they might make the dollar equal to the Iraqi dinar after the new dinar is issued (the newer lower denominations). And we must not forget that when you go to exchange what you still have in your pocket in dollars or is it is dinars? it can be the same value for the next fifty years. (I think he is telling us the parallel market won’t any longer matter as the dollar will equal a dinar)

First step to this changeover is the Reconstruction Council, yes rebuilding the Reconstruction Council. The Reconstruction Council, I suggested needs 30 percent. The Reconstruction Council that was established by Al-Sudani? No, the real Reconstruction Council, let’s call it the al-Zaydi Council for Reconstruction. They do not accept the name of the group. I tell you al-Zaydi.   The Reconstruction Council does not show Nouri al-Zaydi only 30 percent of what we said was 200 trillion dinars, fine, that means we will only allocate 60 billion dinars for the Reconstruction Council. Imagine how much we will be able to build. It means we are not facing a crisis; there is a solution that we do have. There are solutions to any crisis if we only work towards them with realistic measures.  

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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. 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

“Unprecedented Removals In California Are Coming”

Go to the 12:32 mark in video for the prophecy. From May 9th.    

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.  

BILL TO BAN FOREIGN CITIZENS FROM RUNNING FOR CONGRESSIONAL OFFICE

Do you remember I told you that the U.S. needs desperately to vet anyone that wants to run for any office in the U.S. including the house. Maybe we can prevent a lot of what we witnessed over these past decades of many of these foreign nationals (or should I say nicely placed spies) in our government. You all know exactly who I am talking about…don’t you.

MINNESOTA FRAUD IS IN THE BILLIONS OR YOUR TAX DOLLARS.

I don’t know about you but if they did this in Germany I’d be ripping mad when we have people in the streets in Munich homeless! Oh… maybe they are doing to us too but we have not yet exposed it.

ENDING RUMORS AND LIES OVER THE COST OF THE NEW BALLROOM IN THE WHITEHOUSE

Trump has raised and contributed some of his own money of the estimated $200-$250 million to build this addition of a new ballroom to the Whitehouse. Folks, this is a huge amount of money and I question how it could even cost that much never mind the astronomical numbers of billions of dollars the democrats are throwing out to the news media to bash Trump.

So, now what do the democrats do? The democrats will go after Trump and try to find anything to discredit him using the ballroom as their new mantra of hate. Now they are going after the Whitehouse addition. Like they have nothing better to do? Then they claim it will cost billions, really? Then they claim the taxpayer is paying for it, really? Next, they claim of cost over runs, really? None of these allegations are close to being true.

I want to remind everyone that building the NYC skyline was Trump’s business before politics. If anyone could build a ‘golden age’ renaissance ballroom reminiscence of the past ‘Gilded Age’ of America he can. Afterall this is America and this represents our nation and the president entertains guest from all over the world here. We are not a third world nation, as many of these democrats seem to want us to be.

We all should ignore this nonsense being put out by idiot democrats and news reporters. I have given up on the democrat party a long time ago. This is now a socialist communist party hiding behind their mask as a legitimate party in American politics.   

STARMER SHOULD BE PROSECUTED (not just dismissed) FOR BETRAYING THE UK

No-Confidence Vote After Brexit BETRAYAL. But what party is ready to take the lead then? Is one just as bad as the other? Is conservatism really still true conservatism in Britian’s politics or is there yet another party formed in the wings ready to bring conservatism back?

I am bringing you this news of the trouble in these other developed countries i.e. Britian so you can understand more fully first it is not just in the U.S. based corruption. For we need to know what is going when I say there is a ‘reset’ coming and it is already underway. It much more than a financial reset, as you will learn today in this sample of the corruption going on in Britian today, as just another example.

There has been a cancer of corruption that has spread throughout the world. This cancer stemmed from one source. I won’t tell you directly what the source is for now as you will soon learn shortly as time passes. But it is now sufficient to say it is a dangerous, corrupt, almost satanic like source that is bent on enslavement of mankind globally. It is an insane ideology based on insane narratives to convince you to go along with ‘the agenda’. Ultimately it is Nazi, Communist ideology all wrapped up in a mask of deception.

FARAGE’S SCORCHING ATTACK ON KEIR STARMER

The problems therefore that plaque Great Britian are outlined by Farage in this presentation. Yes, they are the same the U.S. is also suffering from. I believe we will soon see Australia in the news too as it is overcome with the same corruption and it too will work its way out of its mess. Next Canada will come to the surface again as it too will climb out of its governmental cesspool of corrupt politics.

CONGRESSIONAL ETHICS COMMITTEE TO INVESTICATE ILHAN OMAR OVER FINANCES

Yes, the Republicans lacked the vote to force her to cooperate in the investigations under subpoena. Yes, we already heard about the lack of votes in the house to subpoena her and force her to testify and explain the discrepancy of the sudden change in her net worth. There is also new evidence that some of the money stolen from the ‘Feed Our Future’ fund could have gone to Ilan. But they are very good at hiding money and laundering it. But the truth will come out it is just a matter of time. It is not rocket-science to find out and so they are going to find out.

The day she is convicted of her crimes, ousted from Congress, and jailed, we will all be celebrating….. We have had enough, in fact, too much already of Ilan Omar. Time to get it done and move on.

Move on? Yes, then move on to others in Detroit, like Rashida Tlaib where also her district is suspected are harboring massive fugitive groups of immigrants and establishing armed militias to be triggered to go against the government and riot.  

CUBA IS NEXT….

Multiple indictments of Cuban president Paul Castro, son of Fidel Castro. Yes, it was a monarchial type communist dictatorship. Will the U.S. go into Cuba like Venezuela’s  Maduro’s capture and arrest him?  What’s coming next for Cuba?

IF YOU CAN’T PAY EMPLOYEES, YOU CAN’T PAY YOURSELF.

Will this help to end these shutdowns?

ROYALS QUIETLY BRACE FOR POSSIBLE KING CHARLES ABDICATION

GOP DECRIES WAR OVER MINNESOTA FRAUD SCANDALS

Yes, another reason why they hate our President Trump so much. We must all remember what we elected Trump for. Elections are one thing, now we have to stay with him and support him.

TRUMP: ON IRANIAN NUCLEAR ATTACK AFTERMATH:

THE REAL STORY

FORDOW: THE EXTENT OF IRAN’S NUCLEAR ENRICHMENT FACILITY

This is real, this is not a game. Fordow was one of three sites doing the enrichment.

How does anyone retrieve this enriched uranium dust? Iran does not have the capability to do it.

What would they have done if they developed a fully operational warhead? Most of the general public have no idea of what Iran was doing. Please watch this video it shows you a lot of what the major news media has not shown the general public. It may also clarify in your mind why it is so important to end once and for all Iran’s nuclear ambitions.

They told us what they would do with it – “wipe Israel off the map”, “blow up the US”.

Were there any other options than to conduct a bombing raid using the GBU-57 Mop carried by the B2 Spirit Bomber on the facility since intel told us they were only two weeks away from their nuclear goal.   

Now they are rebuilding the FORDW facility. Are there any other options other than to obtain any enriched uranium they already have and then destroy their capability to EVER rebuild an enrichment facility again. I don’t know about you but I am not in favor of letting terrorists have a nuclear bomb.

INFLATION IS A CHOICE: KEVIN WARSH

Says the new chairman of the Federal Reserve. He has been given one main objective, that is to prepare the U.S. Treasury for the abolishment of the Federal Reserve in America. I do not yet know what his position will be afterwards. This is coming and it won’t be long.

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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

CENTRAL BANK GOVERNOR: NO CHANGE IN THE EXCHANGE RATE AND EMPLOYEE SALARIES ARE GUARANTEED

(Mnt Goat: Here we go again each time there is a hiccup in the economy…. So, again the CBI comes out and assures everyone that they are NOT going to change the ‘official’ rate of the dinar which will stay at 1320 dinars per dollar.)

The Governor of the Central Bank, Ali Al-Alaq, commented today, Tuesday, on news reports about raising the exchange rate of the dollar to cover the financial deficit gap in the federal budget for 2026.

Al-Alaq said in a brief press statement: “There is no change in the dollar exchange rate.”

He added that “employees’ salaries are fully secured.”

Economic and political circles in the country are discussing expectations regarding the possibility of adjusting the dollar exchange rate to about 150,000 dinars per 100 dollars, in the event that the new government is formed and the 2026 budget is approved, as part of scenarios aimed at addressing the increasing financial deficit in the federal budget.

These expectations indicate that any change in the exchange rate may fall within the options for financial and economic reform, at a time when the public is awaiting the government’s upcoming decisions and their impact on the local market and price levels.

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CENTRAL BANK GOVERNOR: BANKING REFORM IS RECEIVING DIRECT ATTENTION FROM THE PRIME MINISTER

The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Tuesday that there is no intention to reduce the exchange rate of the dinar against the dollar. While denying the existence of any American embargo on Iraqi funds,he indicated that the banking reform file is receiving direct attention from Prime Minister Ali Al-Zubaidi.

Al-Alaq told a number of journalists, as reported by the Iraqi News Agency (INA), that “there is no intention to reduce the exchange rate of the dinar against the dollar, and we will help the government overcome the repercussions of any potential closure of the Strait of Hormuz by discounting treasury bonds and securing salaries,” noting that “the cash reserves are currently being invested in several countries, and there is no American embargo on Iraqi funds.”

He added that “the US Treasury and the Federal Reserve praise the role of the central bank,” noting that “the central bank provides dollars to travelers and traders at the official rate.”

He explained that “most banks have reached the stage of merger or liquidation, and only one or two banks remain that are unable to continue,” stressing that “the banking reform file is receiving direct attention from the Prime Minister, and there is an expected meeting in the coming days with the Federal Reserve and the US Treasury Department.”

He confirmed that he “directly oversees the banking reforms file, and the banks concerned and the consulting firm have made significant progress in implementing the reform requirements,” noting that “a meeting is expected in the coming days that will bring together Oliver Wyman and the Central Bank of Iraq with the US Federal Reserve and the US Treasury Department.”

He added: “The meeting will pave the way for the transition to dealing in other foreign currencies for banks that have completed all the required requirements and procedures,” noting that “there is no truth to what is being said about the Central Bank obstructing banking reforms, and our interest lies in the return of the deprived banks to activity as quickly as possible.”

He concluded by saying: “The media has a major role, and the international community is watching with interest what is being said by parliamentarians, analysts, and local media.”

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AN AMERICAN PERSPECTIVE: BAGHDAD IS AN “IRANIAN PROVINCE,” AND ITS SEPARATION IS A PRIORITY BEFORE THE ZERO HOUR.

(Mnt Goat: So, what is this ‘zero hour’ they are talking about?)

David Des Roches, a former Pentagon official and associate professor at the Near East and South Asia Center for Security Studies, confirmed that the United States views “Iraq’s sovereignty” as the most important objective in the next phase, warning against the country becoming a “state subservient to Iran,” while predicting a resumption of the “American-Israeli” military conflict against Tehran over the Strait of Hormuz.

IRAQ FIRST

Des Roches said in an exclusive interview with Shafaq News Agency that “Washington’s biggest concern is the possibility of Iraq becoming subservient to Iran, while Iraq’s independence and true sovereignty serve both American and Iraqi interests.”

He added that President Donald Trump is dealing pragmatically with regional issues, explaining that lifting sanctions on previously listed figures reflects Trump’s conviction that economic development serves American interests, and that Washington wants to see Baghdad succeed.

Regarding the relationship between Baghdad and Tehran, Des Roches described the required balance as a “real challenge,” noting that some armed factions within Iraq “take their orders from Iran,” which hinders the ability of Iraqis to pursue their national interests.

He continued: “Iraq must have its own electricity and should not remain dependent on importing electricity from Iran,” noting that Tehran uses the energy file “as a tool to obtain hard currency and maintain its influence.”

The former Pentagon official asserted that “Iran is treating Iraq as an Arab province under its control with a seat at the United Nations,” adding that “the Iraqi nation is strong, and its destiny is greatness, not subservience.”

MOSAIC DEFENSE

In assessing the military escalation in the Gulf, the former US official said that Iran has shown, by targeting shipping and infrastructure in the Gulf states and Iraq, that it “does not view its neighbors as sovereign states but as its own sphere of influence.”

He added that Tehran is adopting what is called “distributed mosaic defense,” by giving advance instructions to missile and drone units before the outbreak of war, reflecting a readiness to strike countries in the region even if they do not participate directly in the fighting.

Des Roches argued that the Gulf states refused to allow the United States to use their air bases against Iran because they wanted to stay out of the conflict, but Iran decided to consider them enemies anyway.

ISRAEL AND LEBANON

Regarding the relationship between Washington and Tel Aviv, he explained that “Israel does not wait for an American green light when it sees a threat to its national security,” noting that the two sides agree militarily on “weakening Iranian offensive capabilities,” but they differ politically on the future of Iran after the war.

He added: “The United States does not want to impose a new regime in Iran, but wants the Iranian people to decide that, while Israel seeks to ensure that Iran does not become a future threat again.”

Regarding Lebanon, he considered the main problem to be Hezbollah, saying that the party “has turned itself into a state within a state” and weakened Lebanese governing institutions.

He added that the Lebanese government has begun to approach the stage of “extending sovereignty” through steps such as limiting the influence of the Iranian Revolutionary Guard and stopping the flow of weapons to Hezbollah, but he ruled out a “rapid radical change” on the ground.

STRAIT OF HORMUZ

Regarding the Strait of Hormuz, Des Roches predicted that the United States would resume military operations against Iran if the latter continued to disrupt international navigation.

According to the former Pentagon official, Trump does not want to return to war because of the economy and the elections, but he may find himself forced to do so “if Iran continues to use the Strait as a bargaining chip.”

According to his reading, the “Freedom Project” launched by Washington in the Gulf also aims to push European and Asian allies, especially China, Japan and South Korea, to become more involved in protecting international shipping lanes.

Des Roches concluded by saying that China is more dependent on the Strait of Hormuz than the United States, and that any precedent allowing Iran to impose tariffs or restrictions on navigation “represents a direct threat to the Chinese economy and global trade.”

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AMONG THEM ARE MEMBERS OF PARLIAMENT: THE US TREASURY SANCTIONS NINE INDIVIDUALS FOR ALLEGEDLY FACILITATING HEZBOLLAH ACTIVITIES.

The US Treasury Department announced on Thursday new sanctions targeting nine individuals accused of facilitating Hezbollah’s activities and undermining Lebanese sovereignty.

The sanctions package included members of the Lebanese parliament, the Iranian ambassador to Beirut, Mohammad Reza Raouf Sheibani, and Lebanese security officials, who it said “exploited their positions to support Hezbollah and obstruct efforts to disarm it.”

The US Treasury, in a statement translated by Shafaq News Agency, said that the sanctioned individuals “serve Tehran’s malicious agenda and impede the path to peace and recovery for the Lebanese people.”

In conjunction with these measures, the US State Department’s “Rewards for Justice” program has set up a financial reward of up to $10 million for any information leading to the dismantling of Hezbollah’s financial networks and mechanisms. Washington issued a strongly worded warning that this step is “just the beginning,” vowing to hold accountable anyone who continues to provide cover for the party, cooperates with it, or undermines Lebanon’s sovereignty.

A statement issued by the US State Department stressed that Lebanon’s stability, security and independence require the complete disarmament of Hezbollah and the restoration of the Lebanese government’s exclusive and absolute authority over the security file throughout the country.

The statement concluded by reaffirming the United States’ commitment to supporting the Lebanese people and their legitimate institutions in building a more secure and prosperous future. 

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TRANSPORTATION: COMMENCEMENT OF THE SECOND PHASE OF THE TRADE EXCHANGE AREA

The Ministry of Transport has begun implementing the second phase of the trade exchange yard project located in the Al-Taji area at the entrance to Baghdad-Salah Al-Din, as part of its plans to develop logistical infrastructure and enhance trade exchange between governorates and border crossings.

The Director of the General Company for Land Transport affiliated with the Ministry, Murtadha Karim Al-Shahmani, said in an interview with the official newspaper, which was followed by “Al-Eqtisad News”, that the engineering and technical staff affiliated with the Ministry have actually started the work of the second phase of the project, which extends over an area of ​​(387) dunams, indicating that the work is taking place in parallel with the completion of the contracting procedures for the commercial exchange square project at the entrance to Baghdad – Al-Kut, which has an area of ​​about (210) dunams.

He added that the trade exchange yards projects are witnessing remarkable progress in completion rates, especially the projects surrounding the city of Baghdad, which are known as “retail” projects, noting that these projects represent an important step to support the land transport sector and regulate loading and unloading operations, as well as their role in reducing congestion within the capital and enhancing the efficiency of logistical services.

Al-Shahmani explained that the ministry is preparing to begin work on the Baghdad-Kirkuk trade exchange yard project, which covers an area of ​​(350) dunams, after obtaining official approvals and no objection from the relevant government agencies to allocate the land and implement the project, noting that this project will constitute an important addition to the commercial transport network in the country.

He pointed out that the project for the trade exchange yard at the entrance to Baghdad – Anbar – Babylon has reached very advanced stages of implementation, especially after the start of work to connect the yard with the international road, which will contribute to facilitating the movement of trucks and goods, and achieving greater smoothness in transportation and trade exchange operations between the governorates.

Regarding the trade exchange yards projects at the border crossings, Al-Shahmani affirmed that the Ministry continues to follow up on the procedures related to the Shalamja, Al-Shaib, Arar and Trebil yards projects, while working to study the technical and administrative obstacles that may face the implementation phases, and finding appropriate solutions to ensure the completion of these projects according to the specified time plans, in order to enhance the role of the border crossings in supporting the national economy and stimulating regional trade.

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AFTER MEETING WITH IRAQI LEADERS, PETRAEUS HANDS WASHINGTON AN “IMPLEMENTATION PLAN” FOR DISARMING WEAPONS.

In a notable development concerning the arms file in Iraq, the newspaper “Al-Sharq Al-Awsat” revealed high-level diplomatic and security moves that took place in Baghdad during the past few days, led by US General David Petraeus, amid talk of preparing an “executive paper” believed to include a vision for restructuring the security landscape and ending the current formula for armed formations, most notably the Popular Mobilization Forces, through integration and reform mechanisms within official institutions .

The newspaper, in a report seen by Al-Sa’a Network, quoted its sources as saying that “Petraeus stayed for 5 days in Baghdad, during which he met with high-ranking Iraqi officials, and the fate of the Popular Mobilization Forces fighters was at the heart of serious discussions .”

She added that “Petraeus’s meetings focused on one goal, which is to reform the military establishment and end the current form of the Popular Mobilization Forces, while exploring viable mechanisms for integrating its members into the security institutions .” She indicated that “Ali al-Zaidi will discuss this sensitive issue with US President Donald Trump if a planned visit to the White House takes place .”

She indicated that “the initial date may be set after Eid al-Adha in June, with the possibility that it will be affected by the circumstances of the negotiations between Washington and Tehran .”

She continued, “Some Iraqi officials spoke to the American general as if they were speaking to Trump, and were unusually frank about their concerns regarding the potential repercussions of plans that are still theoretical concerning the Popular Mobilization Forces .”

The report explained that “the United States’ confidence in the Sudanese government has declined sharply in recent months, due to what was perceived as leniency towards attacks by armed factions during the war, which may place the government before additional demands related to security and political guarantees .” He added that “Petraeus did not answer questions raised by Iraqi officials regarding whether there was sufficient cover to confront Iran in the event that the Popular Mobilization Forces were dissolved .”

He added that “Iran urged the parties concerned to resist the American course that aims to end the largest military force that guarantees its interests in the region .“He pointed out that “Revolutionary Guard generals who play supervisory roles in Shiite factions, including those who run the operations room of the Islamic Resistance in Iraq, may obstruct any move towards dissolving the Popular Mobilization Forces .”

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THE US DOLLAR: CAN WASHINGTON GUARANTEE ITS CONTINUED FLOW INTO IRAQ UNDER AL-ZAIDI’S RULE?

The US dollar has returned to the forefront of political debate, with assurances that Washington will not stop the flow of currency to Iraq during Ali al-Zaidi’s government, amid talk of trade and financial ties that make it difficult to impose financial restrictions that could threaten Iraqi economic stability.

Political analyst Adel Al-Manea confirmed that the United States will not prevent the flow of dollars to Iraq during Ali Al-Zaidi’s government, attributing this to the existence of commercial and financial ties with the American side that will exert pressure towards the continued flow of currency to the country.

Al-Mana’ said: “Talk of new alliances or coalitions that include more than 140 MPs does not actually exist at the moment,” considering that “they do not go beyond being political understandings and reactions to what happened during the session to grant confidence to Al-Zidi’s government.”

Al-Mana’a pointed out that “the current political reality within the coordination framework can be described as ‘a harmony of faces and a difference of hearts,’ stressing that ‘the majority of political parties and rational people are pushing towards passing what remains of Al-Zidi’s cabinet according to the convictions of the representatives, away from political pressures.’”

He explained that “one of the political leaders predicted that Hebat al-Halbousi would not continue as Speaker of Parliament after the vote of confidence session,” noting that “the Sadiqun movement will not participate in al-Zidi’s government.”

Regarding the visit of US General David Petraeus to Iraq and his meeting with al-Zaidi, al-Mana’ said, “It came in the context of emphasizing that no factions should participate in al-Zaidi’s government without exception.” He pointed to “American proposals related to restructuring some security institutions and including the Popular Mobilization Forces within a new security ministry that includes various security agencies.”

Al-Mana’ also suggested that “Qasim Atta will be appointed Minister of Interior after the Eid al-Adha holiday,” revealing that “more than 28 MPs withdrew from the Reconstruction and Development Alliance due to the failure to adhere to some of the promises and understandings that accompanied the formation of the government.”

He stressed that “Al-Zaydi was put forward by a “heavy” figure from outside the coordination framework and was accepted by most political forces in order to end the political deadlock,” emphasizing “the rejection of any tampering with the Popular Mobilization Forces file, as it is an institution established by a law from the House of Representatives.”

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GOVERNMENT ADVISOR: THE MINISTRY OF FINANCE IS PREPARING A THREE-YEAR EMERGENCY PLAN TO BOOST REVENUES.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, revealed on Friday five options to address the shortfall in financial revenues and restructure the Iraqi economy, in light of the challenges resulting from the decline in oil exports and the closure of the Strait of Hormuz, while indicating that the Ministry of Finance is moving towards preparing a three-year emergency plan to boost revenues.

Saleh said that “Iraq is facing a financial gap estimated at about $9.5 billion per month as a result of the decline in oil exports,” noting that “the Ministry of Finance is moving towards preparing a three-pronged emergency plan that includes internal and external borrowing, in addition to measures to

maximize non-oil revenues through taxes, fees and financial reforms.” He explained that “domestic borrowing is a quick solution to cover salaries and operational obligations, but it may lead to a withdrawal of liquidity from banks, an increase in the cost of local financing, and a weakening of private sector financing, while external borrowing provides liquidity in dollars and maintains relative monetary stability, but it is linked to reform conditions and an increase in debt service burdens.”

He added that “maximizing non-oil revenues is the most strategic option in the medium and long term, through controlling border crossings and customs, automating the tax system, reducing the informal economy, and improving collection without harming economic activity,” noting that “implementing the Government Financial Management Information System (IFMIS) contributes to strengthening financial oversight, reducing waste and corruption, and raising the efficiency of public spending management.”

Saleh stressed that “reforming the banking sector, especially Rafidain and Rasheed banks, is necessary to develop development finance, digital and credit services, as well as the importance of reforming private banks to achieve financial inclusion, support small and medium enterprises and attract investments.”

He explained that “activating the Public-Private Partnership Law would alleviate pressure on the general budget and create new job opportunities, provided that a stable legal environment, investment guarantees, and combating administrative corruption are provided,” stressing that “any emergency plan will not succeed without real financial reform that includes controlling operational spending, reducing waste in government contracts, and adopting
spending priorities linked to production and development.”

Saleh explained that “the current crisis represents a real test for the structure of the Iraqi economy, which is dependent on oil,” stressing that “accelerating financial and banking reforms and diversifying the economy will enhance the state’s ability to cope with geopolitical and economic shocks.”

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NO RED LINES… PARLIAMENTARY INTEGRITY COMMITTEE VOWS TO EXPOSE BIG NAMES IN THE THEFT OF THE CENTURY

Member of the Parliamentary Integrity Committee, Ahmed al-Shammari, revealed on Wednesday that there is close parliamentary and oversight activity underway to reopen the infamous “Steal of the Century” case in the coming days. He emphasized the determination to pursue and expose all names and figures involved in this major economic crime without any red lines.

Al-Shammari told the Information Agency, “The coming days will witness decisive and surprising developments regarding this case, as the true perpetrators will be revealed and brought down, regardless of their names, job titles, or party and political affiliations.” He expressed the committee’s insistence on fully recovering the looted funds and holding the perpetrators accountable.

He added, “The ‘Steal of the Century’ case was subjected to systematic procrastination and cover-ups during the previous government due to pressure and blatant interference by some influential political parties and entities to protect their interests and illicit gains.” He indicated that “the committee currently possesses new indicators and evidence that will bring everyone before the Iraqi judiciary to end the era of impunity.”

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MASROUR BARZANI MEETS WITH THE HEAD OF THE POPULAR MOBILIZATION FORCES

The Prime Minister of the Kurdistan Region, Masrour Barzani, met today, Saturday, May 23, 2026, in Baghdad, with the head of the Popular Mobilization Forces, Faleh al-Fayyad.

A statement issued by the Presidency of the Regional Government stated that during the meeting, which was attended by the head of the “Sumerians” movement, Ahmed Al-Asadi, the latest changes and developments on the public scene in Iraq and the region were discussed.

The statement also emphasized respect for the constitution and the federal system, and the need to maintain security and stability in Iraq and the Kurdistan Region.

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TRUMP ANNOUNCES PRELIMINARY AGREEMENT WITH IRAN

US President Donald Trump announced on Saturday that a preliminary agreement had been reached with Iran, which includes opening the Strait of Hormuz.

Trump said in a post on Truth Social: “I am now in the Oval Office at the White House, where we just had a very productive telephone call with Mohammed bin Salman Al Saud, Crown Prince of Saudi Arabia; UAE President Mohammed bin Zayed Al Nahyan; Emir Tamim bin Hamad bin Khalifa Al Thani, Prime Minister Mohammed bin Abdulrahman bin Jassim bin Jaber Al Thani, and Minister Ali Al Thawadi, of Qatar; Field Marshal Syed Asim Munir Ahmad Shah, President of Pakistan; President Recep Tayyip Erdoğan, President of Turkey; President Abdel Fattah al-Sisi, President of Egypt; King Abdullah II, King of Jordan; and King Hamad bin Isa Al Khalifa, King of Bahrain, regarding Iran.”

He added, “A preliminary agreement has been reached, subject to its completion, between the United States, the Islamic Republic of Iran, and the other countries mentioned. A telephone call was also made with Israeli Prime Minister Benjamin Netanyahu, which went very well.

The final aspects and details of the agreement are currently being discussed and will be announced soon. In addition to many other provisions of the agreement, one of them is the opening of the Strait of Hormuz.” Earlier today, Israeli officials expressed concern about a US-Iranian agreement that does not address the nuclear program.

CNN quoted sources as saying that Israeli Prime Minister Benjamin Netanyahu was in contact with American officials throughout Saturday evening and is expected to speak with Trump soon.

She added that the Israeli concern is reaching a limited interim agreement that does not address the nuclear program and enriched uranium. Israeli sources indicated that the United States continued to reassure us regarding the uranium issue.

For its part, the Haaretz newspaper revealed sources that Israel fears that it will be difficult for Washington to later pressure Tehran on the nuclear issue, and that it will then be difficult to resume fighting.

She added that Israel is concerned about reaching an interim agreement that would postpone the nuclear program to a later stage.  Senator Lindsey Graham, for his part, stressed that if the belief prevails in the region that the agreement with Iran allows the regime to survive, then America will have “poured oil on the conflicts in Lebanon and Iraq.”

Graham said in a post on the X platform that “an agreement that is seen as allowing Iran to remain and have the ability to control the strait in the future will put Hezbollah in Lebanon and Shiite militias in Iraq in a very strong position.”

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IRANIAN OFFICIALS REVEAL DETAILS OF THE PRELIMINARY AGREEMENT WITH AMERICA

Iranian officials have revealed details of the preliminary agreement with the United States, announced by US President Donald Trump.

The New York Times quoted these officials, who were not named, as saying: “Tehran has agreed to a memorandum of understanding that would halt the fighting and reopen the Strait of Hormuz.”

The officials, three according to the newspaper, added: “The agreement focuses on reopening the Strait of Hormuz and lifting the US naval blockade, and stipulates freedom of navigation in the Strait of Hormuz without the imposition of transit fees.”

They indicated: “The nuclear agreement will be postponed to a later stage, and $25 billion of frozen Iranian assets will be released.”

US President Donald Trump announced earlier on Saturday evening that a preliminary agreement had been reached with Iran, stating that its details and final aspects would be announced soon.

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WASHINGTON TIMES: QALIBAF, J.D. VANCE, WYTKOFF, AND KUSHNER HAVE APPROVED THE DRAFT AGREEMENT.

The Washington Times reported on Saturday that Qalibaf, JD Vance, Wytkov, and Kushner had approved the draft agreement. 

The newspaper stated that “Iranian Parliament Speaker Mohammad Baqer Qalibaf, US Vice President JD Vance, US Special Envoy to the Middle East Steve Wittkopf, and US President’s Envoy Jared Kushner approved the draft agreement.”

She added that “America and Iran will announce the completion of the peace agreement within 24 hours.

A Pakistani official told Reuters: “The interim agreement to end the war brings the two sides back to the point where they were close to reaching an agreement during the Islamabad talks.” He added that “the interim agreement in the final stage is fairly comprehensive to end the war.” 

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TRUMP: THE FINAL DECISION ON IRAN MAY BE MADE TOMORROW.

On Saturday, US President Donald Trump revealed his hesitation between moving towards a new agreement with Tehran or launching a military strike against it.

Trump told Axios that he would hold a meeting today with his top advisers to discuss the latest draft of the agreement with Iran, noting that a final decision could be made tomorrow.

He added that he would later meet with envoy Steve Wittkopf, along with Jared Kushner, to discuss the latest Iranian response, explaining that JD Vance might join the meeting. Trump indicated that he would not accept any agreement that did not address the issue of Iranian uranium enrichment and the fate of the current stockpile of uranium, stressing that these issues represent the core of any possible understanding with Tehran.

The US president continued, saying: “Either we sign an agreement or I will deliver a powerful blow to them.” Trump denied reports that Israeli Prime Minister Benjamin Netanyahu was concerned about the possibility of concluding an “inappropriate” agreement with Iran, asserting that such information was “incorrect”.

Meanwhile, Trump told CBS News that negotiators from the United States and Iran are “very close” to finalizing an agreement between the two countries.

The network quoted sources familiar with the negotiations as saying that the latest proposal includes a mechanism to reopen the Strait of Hormuz, release some frozen Iranian assets in foreign banks, and continue negotiations.

Trump declined to provide details about the agreement, but said things were “getting better and better every day.” Earlier today, the Iranian Foreign Ministry announced that it had put the “final touches” on the memorandum of understanding with the United States, indicating that negotiations were moving towards reducing differences with Washington.

Trump confirmed last Thursday that negotiations with Iran were still ongoing, while also stressing that his country would not allow Tehran to possess a nuclear weapon “in any possible agreement.”

It is worth noting that Islamabad hosted the first round of direct negotiations between Washington and Tehran last April, but they did not result in an agreement.

Since then, the two sides have exchanged several proposals, while some points remain unresolved, most notably the transfer of highly enriched Iranian uranium abroad, control of the Strait of Hormuz, and the complete lifting of US sanctions on Iranian oil, amid continued verbal warnings and US threats.

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GOVERNMENT ADVISOR: NEW FINANCIAL STRATEGY TO RAISE NON-OIL REVENUES TO 45%

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed that the government is moving towards adopting a new financial strategy aimed at raising the contribution of non-oil revenues in the general budget to 45% by diversifying the economy and reducing dependence on crude oil.

Saleh told Al-Furat News that “Prime Minister Ali Al-Zaidi, during the historic meeting with the Iraqi financial authority held on May 23, 2026, outlined a firm vision for building the future of public finance in the country,” explaining that “the new beginning came from a fundamental pillar represented by announcing the alternative path for public finance and Iraqi financial policy.”

He added that “diversifying public revenues and breaking dependence on the single resource of crude oil, and ending the Iraqi economy’s connection to the geopolitical risks of the energy market, has become a necessity that must be achieved,” noting that “the Strait of Hormuz shock has reaffirmed the importance of redrawing future maps by adopting economic and financial diversification.”

Saleh explained that “redesigning Iraq’s vision for the period 2020-2025 should be based on the principle of economic diversification based on a genuine partnership between the state and the productive private sector, while launching a suitable environment for a productive social market economy,” noting that “the plan aims to raise the contribution of non-oil revenues from less than 10% currently to about 45% as a first stage.”

He added that “achieving this percentage requires a fundamental shift in the philosophy of public finance, from merely distributing resources to operating and producing them, through establishing a strong relationship with the market economy based on institutions, efficiency and production.”

Saleh pointed out that “the future Iraq must be based on the efficient diversification of budget resources and sources of GDP, in line with the national strategy for developing market forces and the private sector.”

Saleh stressed that “transforming the general budget into a development action plan represents an important reform step in managing the national economy, because it moves it from a tool for distributing expenditures to a tool for directing development and achieving the state’s strategic goals.”

He added that “previous budgets were linked to operational spending, especially salaries and subsidies, which made the margin for developmental investment limited, while the new approach means moving to a model based on advance planning, setting priorities and measuring results.”

Saleh continued, “This transformation requires a change in the philosophy of the state’s management of public resources, so that the budget is based on programs and objectives and not just on traditional items, and that every dinar spent must have a tangible economic and social impact.”

He pointed out that “involving the private sector in implementing development projects is a key element for the success of this approach, because it reduces the burden on the state, enhances implementation efficiency, and increases the dynamism of the economy,” stressing that “enhancing transparency and activating oversight and accountability are essential conditions to ensure the success of the plan.”

Saleh concluded by saying that “the success of this approach remains dependent on the ability of institutions to implement it effectively and not just to plan or announce it, because international experiences have proven that the real difference between successful plans and those that remain just ink on paper lies in the efficiency of management, the stability of decision-making, and the commitment to continuous reform.” He explained that “linking the budget to a clear strategic vision and managing it with a results-based methodology can transform it into an effective development tool for building a more sustainable and diversified economy.”

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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

a

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:

May 19, 2026 Mnt Goat News Brief

Guten Tag everyone:

Appears Iraq made it through the election cycle and has their new prime minister. Now what will he do? Let’s tie into the news from Iraq to learn his agenda for Iraq. What will the CBI now bring us as they continue with the reforms.

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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Proverbs 11:25

A generous person will prosper; whoever refreshes others will be refreshed.

STATUS OF THE RV

IT’S MAY, WHICH MEANS MAIBAUM TIME THROUGHOUT BAVARIA.

Today I would like to bring you information about a few of our traditional customs in Bavaria. These customs bring community and friendship. It one of the first local events in our village my hubby and I attended that introduced me to many important people.

The Maibaum (Maypole) is a vibrant symbol of spring, community spirit, and cultural her-itage in Germany, celebrated with lively festivities and deep-rooted traditions. Maibaum also means drinking Maibaum bier and Maypole raisings…. Come join us some spring. We will be waiting for you!

MAIBAUM beer, also known as Maibaum Bier or Maypole Beer, is a traditional German lager brewed to celebrate the arrival of spring and the festivities surrounding the erection of the Maibaum (Maypole). This beer is characterized by its golden hue and a balance of malt sweetness and hop bitterness, making it a refreshing choice for warm spring days. It is often served cold, allowing one to appreciate its effervescent quality and floral aroma, and is perfect for enjoying during Maypole celebrations or gatherings.

AUFSTELLEN IN TRAUNSTEIN ( Oberbayern – Chiemgau ) 2026 VERY TRADITIONAL FOR TOURIST UND KINDER

CEREMONIAL MAYPOLE

Eine Kirche, zwei Maibäume: das geteilte Dorf 

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THE MONTH OF MAY IS ALSO THE BLESSED MARY’S MONTH

Let’s not forget that the month of May is also more than Maibaum in Germany. It is our Blessed Mother Mary’s month too. Many ask me how I can believe in the virgin pregnancy of Jesus in Mary. I believe the story was not made up as many believe and it is documented in scripture and records from the temple. It has been heavily scholarly researched of what happened thousands of years ago. It also gives us a nice understanding of the nature of the Blessed Mary and her personality. Anything is possible with God. This is also why the Catholic church also respects Joseph and made him a saint. More than likely Joseph was much older than Mary when he met her and whether or not he was previously married having children of his own. He was not originally wedded to Mary or even dating Mary as many believe. He was just a designate protector of the virgin, as assigned by the temple. Mary was his housekeeper as he went about in his carpentry shop. We don’t know for sure if Joseph was divorced or if his wife passed but the story of the wedding of Canon. I believe this is all reveling too as to why they were invited or where they part of the family being wedded? Why else would Mary be asked to provide more wine if just a guest? As a catholic we don’t worship saints, instead we respect them and learn from their example.

To truly being to understand our Blessed Mary, we must take ourselves out of today’s context and appreciate what was happening in her time. The Roman Catholic church does not widely tell the entire story, but it is recorded and studied by those in the monasteries. For some reason the average common person is told only biblical passages. Today I am presenting what I have found to be as close to the entire story of the Blessed Mother Mary as the research revels to this day. Will you take the time to listen?

WHAT ELSE IS IN THE NEWS….

Okay, so it appears we finally have an Iraqi government in place minus a few temporary ministers that are to be sworn in this week. I hope this is the start of something good. But will the Iranian politicians hang in and try to destroy his governance? The news is titled “AL-ZIDI’S GOVERNMENT WINS THE CONFIDENCE OF THE HOUSE OF REPRESENTATIVES AND TAKES THE CONSTITUTIONAL OATH”. “The House of Representatives granted confidence to the government of Prime Minister Ali al-Zidi on Thursday during a voting session attended by 270 members of parliament. The Prime Minister and the ministers who were voted on took the constitutional oath, signaling the official start of the new government’s duties.“

The House of Representatives voted on 14 out of 23 ministries, namely: 14 ministerial portfolios in Ali al-Zaidi’s government have gained the confidence of parliament, with the remaining appointments postponed until after Eid al-Adha.

You can read the entire article for the list of the ministry assignees.

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I noticed Nouri al-Maliki is not on the ministry list. Hurray, hurray and hurray again! Will he still move for one of the three vice presidential positions then? Will the U.S. then denounce him if he does get one? Remember that he was the prime minister in charge who let these Iranian militia inside Iraq in the first place. He is the one who raided the CBI and held up the reinstatement of the dinar back in 2012.

So, this wicked Iranian- backed politician Nouri al-Maliki seeks a position in the new Iraq government any way he can get it. This will ensure his immunity from the crimes against Iraq. In today’s news we learn he is starting yet another political movement to achieve the largest block. Will he succeed? Here are the articles titled “AL-HAMAMI: AN IMPORTANT POLITICAL FORMATION HEADED BY AL-MALIKI WILL BE ANNOUNCED SOON.” Former MP Arif al-Hamami acknowledged on Monday that a significant political formation is emerging on the Iraqi scene, headed by Nouri al-Maliki, and may be announced in the near future. He added that “a significant political formation is emerging in the near future, headed by al-Maliki,” noting that “al-Maliki is determined to proceed in protecting the political process.” He really means protecting his own ass from prosecution.

Here is the second article on this same subject matter of Maliki titled “AL-KHALIDI REVEALS A “POWERFUL ALLIANCE” LED BY AL-MALIKI AND A PARALLEL MOVEMENT TO AL-SUDANI THAT INCLUDES 100 MPS.” Oh boy! Here we go again. This dude will just not give up. I don’t want any majority block led by Maliki in the next election cycle, God forbid!!!! ☹ We witnessed what he did to muddle up this last election.

Member of the Coordination Framework, Mohammed al-Khalidi, revealed today, Monday, an intense political movement to form new alliances within the Council of Representatives. He pointed to the inclination of some forces towards the opposition front led by the head of the State of Law Coalition, Nouri al-Maliki, countered by a parallel movement by the head of the Reconstruction and Development Coalition, Mohammed Shia al-Sudani, to form a major parliamentary bloc.

We can see what al-Maliki really wants and that is the next prime minister position if Al-Zaydi’s govt falls apart and does not deliver. He is also gearing up already for the next election. He is master politician to get into office, but when in office does nothing to help Iraq. In fact, he only hinders growth and prosperity. His record of his last 8 years as prime minister speaks for itself.

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Like all politicians, the new prime minister Zaydi of Iraq outlines his agenda for his term in office. It is titled “AL-ZAYDI: ECONOMIC REFORM, ARMS CONTROL, AND E-GOVERNANCE ARE OUR GOVERNMENT’S TOP PRIORITIES.”

Prime Minister Ali Faleh al-Zaidi announced his government’s priorities on Thursday, while also calling on diplomatic missions to resume their work in Baghdad. The Prime Minister’s Media Office stated in a press release received by Mawazin News that “Ali al-Zaidi reviewed the new government’s ministerial program, emphasizing its determination to fulfill the aspirations of the Iraqi people, placing the citizen’s interest among its top priorities.”

Again, more talk in the Iraqi news about getting rid of the Iranian-backed militia in Iraq. The article is titled “AN AMERICAN PERSPECTIVE: BAGHDAD IS AN “IRANIAN PROVINCE,” AND ITS SEPARATION IS A PRIORITY BEFORE THE ZERO HOUR.”

David Des Roches, a former Pentagon official and associate professor at the Near East and South Asia Center for Security Studies, confirmed that the United States views “Iraq’s sovereignty” as the most important objective in the next phase, warning against the country becoming a “state subservient to Iran.”  

The term “Iraq First” is now quickly becoming a common phrase being used in Iraq.

Des Roches said in an exclusive interview with Shafaq News Agency that “Washington’s biggest concern is the possibility of Iraq becoming subservient to Iran, while Iraq’s independence and true sovereignty serve both American and Iraqi interests.”

He added that President Donald Trump is dealing pragmatically with regional issues, explaining that lifting sanctions on previously listed figures reflects Trump’s conviction that economic development serves American interests, and that Washington wants to see Baghdad succeed.

Trust me on this one. This issue of militias and the PMF will explode again. We have not yet heard an end to this.

This next article is interesting since Petraeus was one of the generals during the US occupation of Iraq post 2003 war. It is titled “DAVID PETRAEUS ARRIVES IN IRAQ AND MEETS WITH THE IRAQI CHIEF JUSTICE”

What do you think they are going to talk about? Maybe the ‘status of forces agreement’ or maybe how elections are run or maybe the PMF? Maybe all of them?

The President of the Supreme Judicial Council, Judge Faiq Zaidan, received retired US General David Petraeus on Saturday. The meeting discussed a number of issues of common interest, while the head of the Supreme Judicial Council expressed his appreciation for the efforts made by Petraeus during his time in Iraq in the field of combating terrorism and supporting paths to stability, in addition to encouraging national reconciliation efforts at the time.

Oh another article about Petraeus? It is titled “KHALIL: PETRAEUS’S MEETINGS INDICATE THE ARRANGEMENT OF NEW AMERICAN MOVES IN THE REGION”

Former MP Mahma Khalil confirmed on Monday that the recent movements and meetings of retired US General retired David Petraeus reveal Washington’s moves to rearrange the deployment of its military forces in the Middle East.

He explained that “Petraeus’s moves reflect the extent of administrative and security concern in Washington about the accelerating regional changes, and its continuous attempts to redraw the map of influence in a way that serves only its interests,” indicating that “Iraq represents the cornerstone in these moves and within the context of difficult balances.”

Khalil indicated that “any suspicious American moves within the region will be met with widespread political and popular rejection, especially with the escalating national demands to end the complete foreign military presence on Iraqi soil.”

I believe this last comment by Khalil only shows that he is pro-Iranian and does not support America in Iraq. Go figure his comments.

I want to remind everyone that under president Obama the US did in fact have a complete pull out of Iraq in December 2011 and what happened next? ISIS came in to fill the gap in the summer of 2014. Iraq was not yet ready to defend itself. Obama did this regardless of the consequences to fill a campaign promise once elected. Do you mean to tell me intelligence sources told him otherwise but he did it anyhow. Yes, he did get reelected too. Is Iraq now ready to stand alone if the US should pull out again? I can honestly say absolutely NOT as Iran would move to accelerate their presence even more than they already are.

Petraeus arrived in Iraq last Saturday, coinciding with the new government taking office, and met separately in Baghdad with the head of the Supreme Judicial Council, Faiq Zaidan, and the Speaker of Parliament, Hebat al-Halbousi.

It is noted that the US administration, through statements by its former and current military leaders, is attempting to push through new plans to prolong the stay of its forces in Iraqi bases under various pretexts and justifications.

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In this next bit of news, we learn that president Trump invited the new Iraqi prime minister al-Zaydi to the Whitehouse. This is of course fantastic news and shows us that al-Zaydi is one of the few Iraqi leaders that Washington has invited to the U.S. and done it even before his elections were completed. The article is titled “A CONFERENCE CALL BETWEEN TRUMP, AL-ZAIDI, AND BARAK WITHIN HOURS… AND THE FIRST FOREIGN VISIT TO WASHINGTON”

MP Ahmed Al-Saadi, from the Hikma Movement, revealed today, Monday (May 18, 2026), that a “group call” is expected to take place today or tomorrow, bringing together US President Donald Trump, his envoy to the region Tom Barrack, and the new Iraqi Prime Minister Ali Al-Zyadi.

In an interview with journalist Hossam Al-Hajj, which was followed by 964 Network , Al-Saadi said, “It is hoped that today there will be a meeting via closed-circuit television, or a group call, between Trump’s envoy to the region, Tom Barrack, and US President Trump, with Prime Minister Ali Al-Zaidi,” noting that “Al-Zaidi’s first international stop will be the United States.”

Hours after Parliament granted confidence to Ali al-Zaidi’s government, the US-funded Alhurra TV revealed Washington’s explicit position, as a State Department spokesman confirmed that “Iraq has a choice to make” regarding the participation of armed factions, stressing that “Iranian-backed terrorist militias should have no role in state institutions, nor should Iraqi government funds be used to support them,” warning that Washington “will calibrate its approach to the new government on this basis.”

In the same context, a source in the Coordination Framework, who declined to reveal his identity to Al-Hurra, revealed that the United States had vetoed the participation of six armed factions with political wings in the next government, noting that this veto came through a message sent to a group of leaders of the Coordination Framework, without revealing the names of the factions concerned.

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This next article, if Zaydi holds true on his statements, is about the best news we could get. Let’s pick it apart. It is titled “AL-ZAYDI ANGRILY CONFRONTS MINISTERS: SECLUSION WITH FOREIGNERS IS FORBIDDEN, AND I WILL DESTROY THE OLD ECONOMY.” In it we learn that Prime Minister Ali al-Zidi appeared angry at the first cabinet meeting on Saturday (May 16, 2026), issuing directives and instructions to the new ministers. Why?

In his first directive, al-Zidi gave the ministers a week to submit the “financial disclosure form,” demanding that the ministers deal with Arab and foreign ambassadors within official contexts, and in the presence of a representative from the Ministry of Foreign Affairs, while taking into account the interests of Iraq. This says so much for Al-Zaydi in my eyes. Maybe he will demand honesty in his govt? But this next statement by al-zaydi really reinforces who we all hoped he would be. Someone who can turn this economy around and ‘openly’ move it ahead instead of the stale old same. He does not want corrupt ministers.

Al-Zaydi stressed that “real economic reform” begins with changing the way of thinking, not changing faces, pointing out that there are two economies: “an old economy that refuses to die, and a modern economy that refuses to be born.” He emphasized that the next stage will witness the elimination of the old economy and the beginning of a “market economy.”

I see this statement as an ‘Iraq First’ statement. Folks this is the only way they are going to move ahead into the international scene, at least the way we need.

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In this article we can see that disarming of the militias / PMF is a priority for al-Zaydi in the this article titled “AL-ZAYDI LISTENS TO SECURITY REPORTS FROM THE POPULAR MOBILIZATION FORCES, THE ARMY, AND THE MINISTRY OF INTERIOR, AND DIRECTS THEM TO RAISE THEIR READINESS LEVELS.”

On Saturday evening, Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi received, separately, the head of the Popular Mobilization Forces, Faleh al-Fayyad, the Chief of Staff of the Army, Abdul Amir Rashid Yarallah, and the senior undersecretary of the Ministry of Interior, Hussein Hasab al-Awadi.

There is also the funding part that must be cutoff. We can expect to see a future law through parliament to overturn the previous bill soon, which the US fought for them not to do last year. But they snuck it through anyhow. Remember?

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So, here we are again more bragging $$$$$$$$$$.  We read a couple articles on this topic over the last few years. Here is the recent one titled “GOVERNMENT ADVISOR: IRAQ’S NATURAL RESOURCES ARE ESTIMATED AT $16 TRILLION”

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, “stressed the importance of activating sovereign wealth funds as a strategic tool to revive and diversify the national economy”, in conjunction with Iraq’s continued reliance on oil revenues as a primary source of funding for the general budget, and in light of the ongoing fluctuations in oil prices and the financial challenges facing the country.

This all adds to funding an economy not solely on oil revenues. It is part of a package of financial reforms they have kicked around a lot. Get’ re done!

Also natural resources do not generate revenues unless you can bring them to market. Iraq will need companies to step in and do this for them. This is also all part of the president Trumps plan for Iraq.

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😊😊 Oh baby!!!! Next this is the super fantastic set of articles we have all been waiting to hear for so long. No, the Oil and Gas Law is not yet passed but it certainly looks like a slam dunk very soon. The first article is titled “PARLIAMENT IS MOVING TO AVOID A “PARALYSIS” SCENARIO AND AIMS TO FINALIZE THE OIL, GAS, AND TELECOMMUNICATIONS LAWS.”
MP Hussein Ali announced on Monday a serious parliamentary determination to avoid a repeat of the scenario that disrupted parliamentary sessions in the previous session. He emphasized that the House of Representatives has successfully completed the reading and passage of 16 laws so far, focusing on strategic legislation related to oil and communications. He explained that “Parliament is moving steadily to compensate for previous delays.”

Nice! 😊

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Okay, oh baby again….. it is titled “POLITICAL CONSENSUS PAVES THE WAY FOR THE PASSAGE OF THE OIL AND GAS LAW.” Did you ever think we would see the passing of the Oil and Gas law in our lifetime…lol..lol..lol…

“The Iraqi Parliament is preparing to introduce the draft oil and gas law in the coming period, amid indications of a political consensus among most blocs to pass it. MP Adel al-Mahalawi, from the Progress Bloc, told Al-Sabah newspaper that the law will be presented to Parliament soon after political understandings are reached.

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Here is yet more news about the parallel market, near and dear to us investors in the Iraqi dinar. It is titled “AN ECONOMIST EXPLAINS THE FACTORS CONTROLLING THE DOLLAR EXCHANGE RATE IN THE PARALLEL MARKET.”

Economic expert Salah Nouri said, “The exchange rate of the dollar in the parallel market depends on supply and demand, and this equation is affected by multiple internal and external factors.” He explained that “the demand for dollars by some traders who do not deal with the external transfer system of the Central Bank of Iraq is affected by the rise in global commodity prices and weak purchasing power.”

No kidding, tell us something we don’t already know……

Folks, the only reason I even bring this news about the parallel market to you is to show you that no matter what the CBI does, short of changing the dinar peg off the dollar, it will still exist and affect the economy. Iraq will always need US dollars to some extent. The CBI has told us they can control the parallel market by multiple devices. It is not a threat to the reinstatement. The parallel market is expected to go away in the wake of the new basket of currencies for the new peg to the dinar. It is coming soon.

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SUMMARY

I wanted to come in today and also give you a brief summary of what my CBI contact is now saying to me about the election progress and when we might expect to see the currency reform. Will we have to wait for January 2027?

If you go to my Newsletter dated 9/16/25 you can see the list of the five main issues that need to be resolved prior to any possibility of a reinstatement. In this Newsletter and the following few Newsletters I address these concerns in detail. Certainly, the PMF and the armed factions still in Iraq and even on a payroll are of a major concern.

The important part now is the new prime minister has been given a timeline by the U.S. to reach a plan to handle this issue. Let’s see what he comes up with. Next, in today’s news we see come more positive news that the Oil and Gas Law could finally become a reality. Oh boy! 😊😊Remember it is a constitutional requirement not just a nice to have item and was supposed to be completed soon after the new constitution was enacted. The entire new Iraqi constitution must be implemented prior to any reinstatement occurring. Remember also it is all about the management of the oil reserves and so this is still the cash bloodline of Iraq. Is it important then? Of course it is, and that is why we have been reading about it in just about every Newsletter in these last months.

There is also the looming full accension to the World Trade Organization (WTO). Did you forget about this event? I believe the delay is the currency reform and the reinstatement back to FOREX. To be a member of the WTO countries are preferred to have a currency. I can only believe in the overall plan given to me in 2011 and how the WTO fits into it. I can see why the WTO would want the IQD high, very high when going back to FOREX. The powers-to-be want Iraq to be the financial center of the middle east. This is also why the US is now pushing so much to rid Iraq of the Iranian influence. Who will actually be the most influential the U.S. or Iran? Who has to power to control Iraq most the U.S. or Iran. Think about it…..

I was told these issues with Iran must be resolved too and peace brought back again to the region. We pray and we wait!

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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. 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

“A Mass Exodus Of Political Positions Is Coming ”

Go to the 10:14  mark in video for the prophecy. From May 8^th.   

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.  

WHEN WILL FETTERMAN JOIN THE REPUBLICAN PARTY?

ALAN DERSHOWITZ ANNOUNCES HIS SWITCH TO REPUBLICAN PARTY

I believe this sweep of common sense and truth in politics, away from the globalist agenda, is taking deep root and will grow over time. As God told the prophets- “the movement in the U.S. will grow and sweep across the rest of the world”  and we are witnessing it happen now. Please watch these three videos below as they will give you a sense of hope for the world as there are still some people who make sense and will fight this serge of stupidity in our governments.

THOUSANDS MARCH IN BRITAIN: STOP THE IMMIGRANTS

Britains are tired of being called ‘racists’ for anyone who engages in TRUTH and COMMONSENSE to challenge what is happening in their country. 

The real term that should be used to describe this movement in Britian is not being racists but being an ‘anti-globalist’ ideology.

Memories are short. Remember that Britian took a national vote in 2016 to leave the EU and finally in 2020 officially left, after a political battle of four years to actually do it. But it seems the people really don’t count as the globalist seeded inside Britian’s government seem to know best. Is this really a democracy even any longer?

So the nonsense we are witnessing in Britian is nothing more than the globalist are still ramping up the global UN Agenda 2030 and 2050 agendas even though the people have told them they don’t want it. They are relentlessly trying to keep Britian in this stupid globalist ideology. But the British people are revolting as they watch the U.S. and it’s move towards Make America Great Again (MAGA) movement and away from this nonsensical globalist agendas for the world. I

So, there is an actual ‘Make Britian Great Again’ movement. The “Make Britain Great Again” movement in the UK is a populist political trend inspired by Donald Trump’s MAGA campaign, led primarily by Nigel Farage’s ‘Reform UK and the Restore Britain party.’

IT IS EASY TO WIN AN ELECTION, HARDER TO KNOW HOW TO GOVERN.

First, we must think, did they really win or rig Britian’s elections? Kemi Badenoch DESTROYS ‘F**KING USELESS’ Starmer in SEARING Commons speech as PM fears Labour PLOT.

In this speech by Kemi Badenoch she is representing the Conservative party and all we need to do is just replace ‘Labour party’ with ‘Democrat party’ in her speech and the comparison to the US politics Republican vs Democrats to the two parties now in Britian is uncanny. Please listen carefully. WOW! WOW! WOW!

KING CHARLES OUTLINES UK GOVERNMENT PRIORITIES AMID GROWING PRESSURE ON STARMER

Why did King Charles have to come before parliament and outline parliament’s agenda?

I will sum it up for you as to why. It is prime minister Starmer’s failure as a leader for Britian.

According to Erskine May, the guide to parliamentary procedure, “the King or Queen has always enjoyed, by prescription, custom and law, the chief place in parliament and the sole executive power.”¹  This is symbolised in a number of ways: for example, all MPs and peers must swear an oath or make an affirmation of loyalty to the monarch in order to take their seats; and neither house of parliament can meet or make law unless the Mace, which represents royal authority, is present.

Oh…are you connecting the dots. There is much more to this King’s speech than meets the eye. Remember that King Charles, is a known globalist, a far left liberal. So why is he giving a more conservative speech in parliament telling them to legislate more conservative bills? Remember too that King Charles just completed a visit to the U.S. and spoke at length to President Trump. What do you think president Trump and King Charles were talking about? Then soon after this visit to the Whitehouse then this speech in parliament by King Charles.

We already know the problems as Kemi Badenoch destroyed the labour party in her recent speech in parliament representing the conservative party (see above video). Then these problems are reiterated by MP Rupert Lowe of the Reform UK party (see below video). If you listen carefully, you will hear the King address all these issues in what he wants parliament to do.

Just to let you know it is not uncommon for the King of the UK to come to parliament and give a speech, such as this one. He is giving the governing body a warning to fix the long-standing problems of Britian. Remember that the Monarchy of Britian first gave the power to the people to govern themselves in the year 1215 under the Magna Carta, when rebellious barons forced King John to agree to legal limits on royal power. Since this time period the shift from absolute monarchy to parliamentary supremacy was a gradual constitutional evolution over centuries. The monarchy therefore expects the governing power to govern for the citizens of Britian and not some global entity that is now dictating terms to Britian as in a global form of governance. Seems the King is making a 180 degree turnaround in his policies.

“LET’S MAKE GREAT BRITAIN GREAT AGAIN” – Rupert Lowe Reform UK MP

We also have to listen to Rupert Lowe to get the full picture of the problems facing Britian. Are they the same as in the U.S.? Who has been pushing these warped agendas on our countries? (massive illegal migration, massive welfare, downgrading our military, etc)

THE FAKE NEWS MEDIA CONTINUES ITS LIES

Are these news channels committing treasonous acts to sabotage US interests or are these journalist bought and paid for?  

HOW FAFSA FRAUD WAS DRAINING TAXPAYER MONEY

Secretary of Education McMahon REVEALS how FAFSA fraud was DRAINING taxpayer money and new Pell grants can help train our future workforce.

TRUMP: ON IRANIAN NUCLEAR ATTACK AFTERMATH:

THE REAL STORY

FORDOW: THE EXTENT OF IRAN’S NUCLEAR ENRICHMENT FACILITY

This is real, this is not a game. Fordow was one of three sites doing the enrichment.

How does anyone retrieve this enriched uranium dust? Iran does not have the capability to do it.

What would they have done if they developed a fully operational warhead? Most of the general public have no idea of what Iran was doing. Please watch this video it shows you a lot of what the major news media has not shown the general public. It may also clarify in your mind why it is so important to end once and for all Iran’s nuclear ambitions.

They told us what they would do with it – “wipe Israel off the map”, “blow up the US”.

Were there any other options than to conduct a bombing raid using the GBU-57 Mop carried by the B2 Spirit Bomber on the facility since intel told us they were only two weeks away from their nuclear goal.   

Now they are rebuilding the FORDW facility. Are there any other options other than to obtain any enriched uranium they already have and then destroy their capability to EVER rebuild an enrichment facility again. I don’t know about you but I am not in favor of letting terrorists have a nuclear bomb.

INFLATION IS A CHOICE: KEVIN WARSH

Says the new chairman of the Federal Reserve. He has been given one main objective, that is to prepare the U.S. Treasury for the abolishment of the Federal Reserve in America. I do not yet know what his position will be afterwards. This is coming and it won’t be long.

THE ASSIMILATION ACT

Just introduced to Congress. This piece of legislation is way overdue. Learn what its all about.

IS AOC A SOCIALIST COMMUNISTS?

You decide….

She will NEVER recover from this interview.

CIA WHISTLEBLOWER TESTIFIES ON COVID ‘COVER-UP’

Another COVID lie coverup exposed. What did the prophets tell us –  ‘What can be shaken will be shaken.’ The government owes its citizens the TRUTH!

WHY WON’T OBAMA GO AWAY LIKE ALL THE OTHER PAST PRESIDENTS?

Obama the ‘globalist’ president. Yes, he wants a global government and the US sovereignty gone and I mean gone! He wants the US to follow not lead the world.

This guy is not about ‘America First’ but ‘globalism first’. Can you see how globalism is ruining the planet and is not helping it? Just take a look around you? Just look at the mess in the middle east, then in Europe, the UK, Australia and in the U.S. What the heck is so good about it?

Define globalist: a person who advocates the administering or planning of a political strategy and an economic system, i.e. global governance on a global rather than a national basis. They do not want sovereignty of nations.

And he was a US President? What the….. (WTF)

THEY CALL THIS DEMOCRACY. DEMS JUST GOT CAUGHT…AGAIN

I even question why they call their party the ‘democrat party’ when they are the farthest from being democratic. Remember everything is NOT about what the majority wants. Yes, this what they call democratic. But they are wrong. VERY wrong!

Is about what the US Constitution says on how we should govern. The U.S. is a”Constitutional Republic’ NOT a democracy. We only use the democratic principles to select our leaders, when that is done, we want them then is to uphold the US Constitution which is our the guiding laws of the land. We donot want them to use their power we have given them then to try to turn us away from what our founding fathers wanted and to change to a pure ‘Democracy’, which is easily manipulated as you cannot serve all the people all the time is a pure democracy.

And this is where the democrat party does not get it. This is how they will try to manipulate the voters minds into believing we must go to a pure Democracy. You can hear it when they talk and make their grand speeches about democracy. We hear then screaming all the time about democracy, democracy, democracy but this is only brainwashing you to get you to go along with their narrative of a pure democracy away from what the founding fathers wanted. They did not choose a Constitutional Republic for nothing. There were hundreds of years of background and corruption behind their decision. They did not want America to go the way of the past in Europe.

I challenge everyone to go research why the founding fathers wanted this ‘Constitutional Republic’ and NOT a pure ‘Democracy”. 

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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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

AL-ZIDI’S GOVERNMENT WINS THE CONFIDENCE OF THE HOUSE OF REPRESENTATIVES AND TAKES THE CONSTITUTIONAL OATH

The House of Representatives granted confidence to the government of Prime Minister Ali al-Zidi on Thursday during a voting session attended by 270 members of parliament. The Prime Minister and the ministers who were voted on took the constitutional oath, signaling the official start of the new government’s duties.

The House of Representatives voted on 14 out of 23 ministries, namely:

14 ministerial portfolios in Ali al-Zaidi’s government have gained the confidence of parliament, with the remaining appointments postponed until after Eid al-Adha.

1- Voting unanimously for Faleh Al-Sari as Minister of Finance.

2- Voting by an absolute majority on Basim Muhammad Khudair as Minister of Oil.

3- Voting by an absolute majority for Mohammed Nouri Ahmed as Minister of Industry.

4- Voting by an absolute majority for Ali Saad Wahib as Minister of Electricity.

5- Voting by an absolute majority for Abdul-Hussein Aziz as Minister of Health.

6- Voting by an absolute majority for Sarwa Abdulwahid as Minister of Environment.

7- Voting by an absolute majority for Abdul Rahim Jassim as Minister of Agriculture. 

8- Voting by an absolute majority for Mustafa Nizar Jumaa as Minister of Trade.

9- Voting by an absolute majority for Khalid Shawani as Minister of Justice.

10- Voting by an absolute majority on Abdul Karim Abtan as Minister of Education.

11- Voting by an absolute majority to appoint Wahab Salman Mohammed as Minister of Transport.

12- Voting by an absolute majority for Fuad Hussein as Minister of Foreign Affairs.

13- Voting by an absolute majority for Mustafa Jabbar Sand as Minister of Communications.

14- Voting by an absolute majority for Muthanna Ali Mahdi as Minister of Water Resources.

The remaining portfolios are scheduled to be voted on after the Eid al-Adha holiday, and include the ministries of: Interior, Defense, Labor and Social Affairs, Immigration and Displacement, Reconstruction and Housing, Planning, Culture, Education, Youth and Sports, in addition to the deputy prime ministers.

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AL-ZAYDI: ECONOMIC REFORM, ARMS CONTROL, AND E-GOVERNANCE ARE OUR GOVERNMENT’S TOP PRIORITIES.

Prime Minister Ali Faleh al-Zaidi announced his government’s priorities on Thursday, while also calling on diplomatic missions to resume their work in Baghdad. The Prime Minister’s Media Office stated in a press release received by Mawazin News that “Ali al-Zaidi reviewed the new government’s ministerial program, emphasizing its determination to fulfill the aspirations of the Iraqi people, placing the citizen’s interest among its top priorities.” According to the statement, al-Zaidi said, “The path to reform begins from within by confronting corruption and administrative inefficiency.”

He indicated that he would face the challenges based on his belief in the capabilities and patience of the Iraqi people, transforming crises into opportunities and setbacks into milestones in making a difference to enhance services, build robust institutions, and propel Iraq towards e-governance and e-government. Al-Zaidi outlined his steps in “three tracks: first, economic reform and development through economic diversification, genuine investment, and a sound financial and banking system; second, social development, establishing social justice, caring for the most vulnerable groups, protecting children, and empowering women; and third, reforming the security apparatus by monopolizing weapons in the hands of the state, strengthening the capabilities of the security forces, and consolidating their authority.” The citizen’s trust in democracy.”

He noted that “Iraq, with its deep-rooted civilization, human and cultural diversity, and the supreme religious authority it represents, qualifies us to stand and restore the government’s standing.” He called on all diplomatic missions to “return to their work in Baghdad,” and expressed his gratitude to the government of Mohammed Shia’ al-Sudani.

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THE US ENVOY CONGRATULATED AL-ZAIDI: TRUMP IS FULLY PREPARED TO WORK WITH YOU AND YOUR GOVERNMENT.

US Special Envoy Tom Barrack congratulated Iraqi Prime Minister Ali al-Zaidi on Thursday on his government winning a vote of confidence in parliament. Barrack said in a statement: “We congratulate Iraqi Prime Minister Ali al-Zaidi on receiving the confidence of parliament and the approval of his government by the Council of Representatives.”

 He added: “We are encouraged by your new leadership and look forward to working with you to develop an ambitious agenda that aligns with our shared interests: building a sovereign, prosperous, and stable Iraq that lives in peace with its neighbors and provides opportunities and growth for all its citizens in a productive partnership with the United States.” 

He noted that “President Trump, Secretary Rubio, and the United States are fully prepared to work closely with you and your government to achieve our shared goals of prosperity for the Iraqi people and the defeat of terrorism, which has long been an obstacle to their progress.”

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IRAN CONGRATULATES THE NEW IRAQI GOVERNMENT ON ITS FORMATION: WE WILL STAND BY OUR IRAQI BROTHERS.

Iranian Ambassador to Iraq, Mohammad Kazem Al-Sadegh, congratulated the newly formed Iraqi government headed by Ali al-Zaidi on Thursday. In a post on the X platform, Al-Sadegh said, “I extend my sincere congratulations to the Republic of Iraq, its government and people, on the formation of the new government and its gaining the confidence of Parliament.” He added, “We hope that political stability will open a new chapter of prosperity and progress in the strategic relations between our two countries, and Iran will remain alongside its Iraqi brothers for the security and development of the region.”

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FINANCE MINISTER FALEH AL-SARI: WE WILL WORK ON REALISTIC SOLUTIONS TO OVERCOME THE CRISIS WITHOUT AFFECTING THE CITIZEN’S LIVELIHOOD.

I extend my sincere thanks and appreciation to the ladies and gentlemen of the Iraqi Parliament for granting me their confidence, and I also thank the Prime Minister for his support and nomination of me for this national mission.

I assure our honorable people that the Ministry of Finance will work with all seriousness and responsibility, and in close coordination with the relevant state institutions, to find realistic financial and economic solutions that contribute to overcoming the financial crisis, while being fully careful not to harm the citizen’s livelihood, in order to achieve financial stability and preserve the rights of all Iraqis.

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WHEN WILL DOLLAR SHIPMENTS ARRIVE IN BAGHDAD? WASHINGTON IGNORES THE CENTRAL BANK, WHILE AL-ZIDI PRIORITIZES IT.

The Asharq Bloomberg website published a report in which a senior Iraqi official, who declined to reveal his identity, stated that addressing the crisis of delayed dollar shipments from the United States to Baghdad, amounting to about $10 billion annually, will be among the priorities of Ali al-Zaidi’s government, in order to avoid destabilizing the exchange market in light of the sharp decline in oil exports due to the repercussions of the Iran war. He confirmed that the Iraqi authorities are trying to find out the reasons for the delay in the latest shipments, but the Central Bank has not yet received any response from the American side.

Earlier, the administration of US President Donald Trump suspended dollar shipments to Iraq and froze funding for security cooperation programs with Baghdad, pressuring it to dismantle Iranian-backed armed factions. The US Treasury Department blocked an air shipment of about $500 million in Iraqi oil revenues held in accounts at the Federal Reserve Bank of New York, according to the Wall Street Journal.

According to banking expert Mustafa Hantoush, speaking to Asharq Bloomberg, Washington is expected to resume sending shipments soon, based on a similar precedent in 2023, at a time when the International Monetary Fund expects the Iraqi economy to shrink by 6.8% this year, with central reserves amounting to $100 billion before the war.

A senior Iraqi official said that addressing the crisis of delayed dollar shipments from the United States to Baghdad will be a priority for the new government to avoid destabilizing the exchange market, especially after the sharp decline in the country’s oil exports due to the repercussions of the Iran war.

Iraq receives a portion of its oil revenues in the form of cash shipments in US dollars, estimated at around $10 billion annually. These funds are distributed in installments arriving via chartered flights at Baghdad Airport, while transfers related to financing foreign trade—which have not been affected by the delays—are managed through official banking channels.

The government official, who spoke to Asharq on condition of anonymity, confirmed that the Iraqi authorities are indeed trying to find out the reasons for the delay in the latest shipments, but the Central Bank has not yet received a response from the American side.

The US State Department confirmed in response to an inquiry from Asharq News’ Washington bureau that dollar shipments to Iraq remain “suspended.” It referred any further inquiries to the Treasury Department and the Central Bank of Iraq. The Treasury Department did not respond to Al-Sharq’s questions about the crisis, while officials at the Central Bank of Iraq could not be reached for comment.

Reuters reported in late April, citing several sources, that the administration of US President Donald Trump had halted a cash shipment worth about $500 million and suspended part of its security cooperation with Baghdad in an attempt to pressure the Iraqi government to reduce the influence of Iranian-backed armed factions, which have launched several attacks on Gulf states since the start of the conflict at the end of February in support of the regime in Tehran.

The stability of the dinar is at stake

Although the value of the shipment represents only a small fraction of the total demand for dollars in the Iraqi market, its delayed arrival and the ongoing crisis could affect the stability of the dinar and widen the gap between the official exchange rate and the parallel market rate, which has only fluctuated within a narrow range since the outbreak of the conflict. Therefore, the official confirmed that the issue will be a priority for Prime Minister-designate Ali al-Zaidi as soon as he officially assumes office. The Iraqi parliament is scheduled to vote tomorrow, Thursday, on granting confidence to the new government.

Iraq is among the countries most affected by the war in the region. The International Monetary Fund (IMF) projects a 6.8% contraction in its economy this year due to its reliance on oil exports through the Strait of Hormuz, which account for 90% of government revenue. A senior IMF official told Asharq Al-Awsat last month that Baghdad’s options for dealing with the crisis until a new government is formed focus on reducing spending and temporarily drawing on the central bank’s reserves, which stood at approximately $100 billion before the war.

Trump had invited al-Zaidi during a phone call at the end of last month to visit Washington after the government was formed, and wished him success “in forming a new government free of terrorism that can provide a brighter future for Iraq and the United States.”

The historical roots of the crisis

Iraqi banking expert Mustafa Hantoush told Asharq that he expects Washington to resume sending dollar shipments soon. He added that the United States had previously suspended these shipments temporarily in 2023 without publicly stating the reasons.

The story of relying on the United States to send dollar shipments to Baghdad dates back to 2003, when then-US President George W. Bush issued an executive order during the American occupation following the overthrow of Saddam Hussein’s regime. This order mandated that all of Iraq’s oil revenues be transferred to a special account called the “Development Fund for Iraq,” managed through the Federal Reserve Bank of New York, ostensibly to protect the funds from lawsuits and use them for reconstruction. Since then, the executive order has been renewed annually, meaning that US approval is required before any funds can be transferred to Baghdad.

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DAVID PETRAEUS ARRIVES IN IRAQ AND MEETS WITH THE IRAQI CHIEF JUSTICE

(What do you think they are going to talk about? Maybe the status of forces agreement or maybe how elections are run? Maybe both?)

The President of the Supreme Judicial Council, Judge Faiq Zaidan, received retired US General David Petraeus on Saturday.

The meeting discussed a number of issues of common interest, while the head of the Supreme Judicial Council expressed his appreciation for the efforts made by Petraeus during his time in Iraq in the field of combating terrorism and supporting paths to stability, in addition to encouraging national reconciliation efforts at the time.

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KHALIL: PETRAEUS’S MEETINGS INDICATE THE ARRANGEMENT OF NEW AMERICAN MOVES IN THE REGION

Former MP Mahma Khalil confirmed on Monday that the recent movements and meetings of retired US General David Petraeus reveal Washington’s moves to rearrange the deployment of its military forces in the Middle East.

Khalil told Al-Maalomah News Agency that “the repeated statements by prominent American security and military figures regarding Iraq, Iran, and the region cannot be separated from the recent field movements of the American occupation in the Middle East.”

He added that “Washington is striving to maintain its eroding strategic influence by repositioning its forces and strengthening its military presence at some bases within the region.”

He explained that “Petraeus’s moves reflect the extent of administrative and security concern in Washington about the accelerating regional changes, and its continuous attempts to redraw the map of influence in a way that serves only its interests,” indicating that “Iraq represents the cornerstone in these moves and within the context of difficult balances.”

He indicated that “any suspicious American moves within the region will be met with widespread political and popular rejection, especially with the escalating national demands to end the complete foreign military presence on Iraqi soil.”

Petraeus arrived in Iraq last Saturday, coinciding with the new government taking office, and met separately in Baghdad with the head of the Supreme Judicial Council, Faiq Zaidan, and the Speaker of Parliament, Hebat al-Halbousi.

It is noted that the US administration, through statements by its former and current military leaders, is attempting to push through new plans to prolong the stay of its forces in Iraqi bases under various pretexts and justifications.

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THE IRAQI DINAR IS UNDER PRESSURE FROM THE FINANCIAL CRISIS AND FEARS OF DECLINING MONETARY COVER.

Warnings are increasing about the repercussions of the financial crisis on the stability of the Iraqi dinar, with growing talk about the possibility of using part of the cash reserve to cover government expenses.

Economic expert Dr. Safwan Qusay confirmed the possibility of resorting to the cash reserves of the Central Bank of Iraq, given the existence of an amount exceeding $90 billion, while warning at the same time of the occurrence of inflation within Iraq.

(So, like I said in a previous Newsletter they have not yet tied into the reserves to help pay salaries. Those darn salaries (monthly lump sum to Kurdistan for its share of oil revenues).

Qusay said that “the Central Bank of Iraq’s reserves amount to $90 billion in addition to 170 tons of gold, and if borrowing from these reserves is relied upon, it is possible to continue with financial flexibility up to $60 billion.”

(The IMF says Iraq has only 5 months and then their reserves are sown to critical levels. This article also tells us the gold is in addition to the cash reserves in US dollars unlike many of these intel gurus are telling you its all included in the $90 billion.)

He added that “the $60 billion represents the value of the issued Iraqi dinar, but the dinar’s value falling below the aforementioned financial cover means allowing inflation to occur domestically.”

He explained that “the possibility of resorting to borrowing from the central bank’s reserves, or the occurrence of the aforementioned inflation, may happen six months after this May, as the government can secure salaries for this period of time.”

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AL-ZAYDI LISTENS TO SECURITY REPORTS FROM THE POPULAR MOBILIZATION FORCES, THE ARMY, AND THE MINISTRY OF INTERIOR, AND DIRECTS THEM TO RAISE THEIR READINESS LEVELS.

On Saturday evening, Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi received, separately, the head of the Popular Mobilization Forces, Faleh al-Fayyad, the Chief of Staff of the Army, Abdul Amir Rashid Yarallah, and the senior undersecretary of the Ministry of Interior, Hussein Hasab al-Awadi.

His media office stated in a statement received by Shafaq News Agency that Al-Zaidi listened during the meetings to a detailed explanation of the general security situation in the country, without announcing additional details about the content of the reports presented.

According to the statement, the Commander-in-Chief of the Armed Forces directed the continuation of efforts to enhance security stability, intensify coordination between security agencies in various areas of responsibility, raise the level of readiness, and provide the requirements of officers and ranks in the Armed Forces and other security agencies, in order to ensure the implementation of tasks and duties.

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AL-ZAYDI ANGRILY CONFRONTS MINISTERS: SECLUSION WITH FOREIGNERS IS FORBIDDEN, AND I WILL DESTROY THE OLD ECONOMY.

Prime Minister Ali al-Zidi appeared angry at the first cabinet meeting on Saturday (May 16, 2026), issuing directives and instructions to the new ministers.

In his first directive, al-Zidi gave the ministers a week to submit the “financial disclosure form,” demanding that the ministers deal with Arab and foreign ambassadors within official contexts, and in the presence of a representative from the Ministry of Foreign Affairs, while taking into account the interests of Iraq.

Al-Zaydi stressed that “real economic reform” begins with changing the way of thinking, not changing faces, pointing out that there are two economies: “an old economy that refuses to die, and a modern economy that refuses to be born.” He emphasized that the next stage will witness the elimination of the old economy and the beginning of a “market economy.”

Al-Zaydi urged the new ministers not to make any functional changes or modifications to the ministry’s structure at present, except after a general and comprehensive evaluation of the employees.

In another point that Al-Zaydi emphasized and described as “important,” he demanded that ministers choose their office directors exclusively from among the employees of the ministries, and that the selection be based on “competence” and “integrity,” stressing that he would reject anyone chosen from outside the ministry, indicating that this would be an “unhealthy indicator” for the minister.

Al-Zaydi identified the priorities of each minister in three points: to identify the real problem in the ministry, to stop the bleeding within his ministry, and to present a measurable program within 3 weeks, stressing by saying: “I do not want flowery reports or an explanation of problems that the citizen knows before us.”

The cabinet meeting witnessed the appearance of former cabinet secretary-general Hamid al-Ghazi, who appears to be continuing his duties in the same position.

On Saturday (May 16, 2026), Ali Al-Zaidi chaired a cabinet meeting, during which he listened to the ministers’ interventions about the reality of their ministries, and issued a set of directives to the ministers, which constitute a roadmap for implementing the government’s policies, goals and priorities.

In his first speech after officially assuming his duties on Saturday (May 16, 2026), Al-Zaidi pledged to launch a comprehensive economic and financial reform program based on revitalizing industry, agriculture, tourism and investment, with the aim of building an economy that does not depend on a single resource, stressing that providing job opportunities for young people and reducing unemployment are among his government’s top priorities.

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A CONFERENCE CALL BETWEEN TRUMP, AL-ZAIDI, AND BARAK WITHIN HOURS… AND THE FIRST FOREIGN VISIT TO WASHINGTON

MP Ahmed Al-Saadi, from the Hikma Movement, revealed today, Monday (May 18, 2026), that a “group call” is expected to take place today or tomorrow, bringing together US President Donald Trump, his envoy to the region Tom Barrack, and Iraqi Prime Minister Ali Al-Zidi.

In an interview with journalist Hossam Al-Hajj, which was followed by 964 Network , Al-Saadi said, “It is hoped that today there will be a meeting via closed-circuit television, or a group call, between Trump’s envoy to the region, Tom Barrack, and US President Trump, with Prime Minister Ali Al-Zaidi,” noting that “Al-Zaidi’s first international stop will be the United States.”

Hours after Parliament granted confidence to Ali al-Zaidi’s government, the US-funded Alhurra TV revealed Washington’s explicit position, as a State Department spokesman confirmed that “Iraq has a choice to make” regarding the participation of armed factions, stressing that “Iranian-backed terrorist militias should have no role in state institutions, nor should Iraqi government funds be used to support them,” warning that Washington “will calibrate its approach to the new government on this basis.”

In the same context, a source in the Coordination Framework, who declined to reveal his identity to Al-Hurra, revealed that the United States had vetoed the participation of six armed factions with political wings in the next government, noting that this veto came through a message sent to a group of leaders of the Coordination Framework, without revealing the names of the factions concerned.

It is worth noting that the welcome for al-Zaidi’s appointment was extraordinary, starting from the countries of the surrounding region and reaching America, making al-Zaidi the first Iraqi prime minister to be invited to visit Washington even before his government was formed.

In contrast to Trump’s “veto” with his famous tweet against Maliki, Trump appeared to be strongly supportive of al-Zaidi, starting with a phone call, followed by a tweet supporting al-Zaidi on “Truth Social” (Trump’s preferred platform for his statements), and then a statement to the media about America’s support for al-Zaidi and its role in his reaching this assignment.

This American support was not without messages, as Trump confirmed in his tweet supporting al-Zaidi that he supports the formation of a new government “free from terrorism”, in a clear and understandable reference.

This comes in conjunction with numerous messages conveyed by Washington regarding the removal of factions and political entities that possess armed factions from sovereign ministries and the political scene, as well as leaks made by figures close to the Shiite coordination framework about American displeasure with Adnan Faihan’s appointment as Deputy Speaker of Parliament.

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THE GOVERNOR OF THE CENTRAL BANK OF IRAQ CHAIRS A MEETING WITH ELECTRONIC PAYMENT COMPANIES. 

The Central Bank of Iraq held an expanded meeting at its headquarters in Baghdad, chaired by the Governor, Mr. Ali Mohsen Al-Alaq, and attended by directors of relevant departments within the bank, as well as the authorized managers of licensed electronic payment service providers in Iraq.

The meeting focused on discussing the most prominent challenges and observations related to the operations of these companies, and reviewing mechanisms for developing the services they provide to enhance the efficiency of the financial and banking sector and support the comprehensive digital transformation in the country.
The meeting included a comprehensive review of technical, administrative, and regulatory observations pertaining to the work of electronic payment companies. 

Participants exchanged views on the companies’ future plans aimed at improving financial services, with a focus on strengthening compliance and full adherence to the regulations and instructions adopted by the Central Bank. They also discussed upgrading the infrastructure and developing the technical and regulatory systems of payment companies in line with best practices and international standards.

The discussions expanded to include the development of innovative solutions and initiatives aimed at improving the electronic payment environment in Iraq. Participants focused on enhancing the security, efficiency, and reliability of digital financial services to meet citizens’ aspirations and support the government’s efforts to promote financial inclusion and a smooth transition to a digital economy.

This meeting is part of the Central Bank of Iraq’s ongoing efforts to regulate and develop the financial technology sector and ensure the provision of secure and innovative digital services that support financial stability in the country.

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GOVERNMENT ADVISOR: IRAQ’S NATURAL RESOURCES ARE ESTIMATED AT $16 TRILLION

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, stressed the importance of activating sovereign wealth funds as a strategic tool to revive and diversify the national economy, in conjunction with Iraq’s continued reliance on oil revenues as a primary source of funding for the general budget, and in light of the ongoing fluctuations in oil prices and the financial challenges facing the country.

Saleh said in a press statement followed by Al-Furat News that the government program that was recently approved by the House of Representatives indicated the importance of sovereign wealth funds and working to establish a generation fund by investing available unexploited national assets, indicating that estimates indicate that the next stage will be an appropriate opportunity to launch or expand the work of sovereign wealth and investment funds, benefiting from the reinvestment of natural resources that Iraq abounds in, as it is one of the richest countries in the world in natural resources and occupies the ninth international ranking in natural resources, whose current market value is estimated at more than 16 trillion US dollars, which allows for the conversion of the returns on investing these resources into financial surpluses and sustainable revenues during the coming years, within the strong economic policy adopted by the current government.

He added that the sovereign wealth fund is not just a “savings account,” but rather an investment institution that aims to invest a portion of the state’s revenues in productive projects, both domestic and foreign, that generate long-term returns and provide protection for the national economy from future crises and global financial fluctuations. He pointed out that the Iraqi economy still depends almost entirely on oil, and oil revenues constitute the largest share of the general budget, making the country vulnerable to any sharp decline in global prices or geopolitical crises affecting the energy market.

He pointed to the growing importance of sovereign wealth funds in financing vital sectors such as industry, agriculture, renewable energy, infrastructure, transportation and logistics, in addition to technology and communications, as well as supporting the private sector and creating new job opportunities, especially with the growing youth workforce within what is known as the “demographic dividend,” where young people are expected to constitute about 60% of Iraq’s population in the next few years.

He added that the experiences of the Gulf countries, especially Saudi Arabia and the UAE, as well as Norway, can be cited, which, through their sovereign wealth funds, have been able to transform oil surpluses into huge global investments that generate sustainable profits for future generations. He pointed out that Gulf investment funds are among the most prominent regional models that have expanded their investments within their countries and abroad, and have contributed to supporting economic diversification plans and reducing dependence on oil.

Saleh explained that Iraq has moved in recent years to establish the beginnings of development and investment funds aimed at attracting foreign capital and stimulating major projects, in an attempt to create a more stable economic environment. The government has also adopted a policy of providing sovereign guarantees to support private sector projects and investment, a step that may pave the way for expanding the role of investment funds in the future.

He stressed that the success of any sovereign wealth fund in Iraq remains contingent on the existence of an independent management with the highest levels of governance and transparency, because the absence of sound oversight may turn these funds into tools for short-term government spending, instead of being investment institutions that achieve long-term strategic returns.

He explained that improving the investment environment, banking reform, and developing economic legislation are key factors to ensure the success of the Iraqi experience, especially in light of the move towards establishing the “Generations Fund” which was included in the government program and was recently approved by the House of Representatives, in addition to the local market’s need for productive projects capable of driving the economy and reducing dependence on imports.

Saleh concluded by noting that, in light of global economic shifts and the challenges related to energy markets and trade routes, Iraq has a real opportunity to transform its future oil surpluses into a sustainable economic base if they are invested according to a long-term vision focused on development and production. He stressed that the country’s success in building a sovereign wealth fund that is transparent and independent could constitute a pivotal turning point in the Iraqi economy, and open the door to a new phase based on diversifying sources of income and enhancing financial stability for future generations.

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PARLIAMENT IS MOVING TO AVOID A “PARALYSIS” SCENARIO AND AIMS TO FINALIZE THE OIL, GAS, AND TELECOMMUNICATIONS LAWS.

 
MP Hussein Ali announced on Monday a serious parliamentary determination to avoid a repeat of the scenario that disrupted parliamentary sessions in the previous session. He emphasized that the House of Representatives has successfully completed the reading and passage of 16 laws so far, focusing on strategic legislation related to oil and communications.

Ali told Al-Maalouma, “The House of Representatives is working intensively to activate its legislative role and avoid the obstacles and political gridlock that led to the disruption of sessions in the past.” He explained that “Parliament is moving steadily to compensate for previous delays.”

He added that “the House has so far managed to complete the reading and proceed with the legal procedures for 16 diverse laws affecting various sectors,” noting that “parliamentary focus is currently on resolving contentious laws that have been stalled for years.”

Ali continued, “There is a concerted parliamentary effort to pass the postponed oil and gas law, the communications and information technology law, as well as a package of other laws that are of paramount importance in regulating the country’s economic resources and infrastructure.”

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POLITICAL CONSENSUS PAVES THE WAY FOR THE PASSAGE OF THE OIL AND GAS LAW.

The Iraqi Parliament is preparing to introduce the draft oil and gas law in the coming period, amid indications of a political consensus among most blocs to pass it. MP Adel al-Mahalawi, from the Progress Bloc, told Al-Sabah newspaper that the law will be presented to Parliament soon after political understandings are reached.

He explained that Prime Minister Ali al-Zubaidi has expressed his willingness to cooperate in finalizing legislation with an economic dimension. He clarified that the law is considered one of the most anticipated pieces of legislation, as it regulates the relationship between the federal government and the oil-producing provinces and contributes to supporting the budget and boosting revenues.

Al-Mahalawi added that some technical and political disagreements still exist, but they are resolvable through national consensus. He also noted Parliament’s intention to introduce a set of service and economic laws in the coming period in coordination with the government. 

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THE IRANIAN STOCK EXCHANGE WILL RESUME TRADING NEXT TUESDAY.

Iran’s state news agency quoted a senior official as saying on Saturday that Iran will reopen its stock market on Tuesday after suspending it during the conflict with the United States and Israel.

Hamid Yari, deputy supervisor of the Stock Exchange and Securities Organization, said, “The suspension of stock market activities since the beginning of the war was aimed at protecting shareholders’ assets, preventing panic trading, and allowing for more transparent pricing conditions.” He added, “Now, with the reopening of the stock market, we will see a full resumption of all sectors of the capital market.”

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AN AMERICAN PERSPECTIVE: BAGHDAD IS AN “IRANIAN PROVINCE,” AND ITS SEPARATION IS A PRIORITY BEFORE THE ZERO HOUR.

David Des Roches, a former Pentagon official and associate professor at the Near East and South Asia Center for Security Studies, confirmed that the United States views “Iraq’s sovereignty” as the most important objective in the next phase, warning against the country becoming a “state subservient to Iran,” while predicting a resumption of the “American-Israeli” military conflict against Tehran over the Strait of Hormuz.

Iraq First

Des Roches said in an exclusive interview with Shafaq News Agency that “Washington’s biggest concern is the possibility of Iraq becoming subservient to Iran, while Iraq’s independence and true sovereignty serve both American and Iraqi interests.”

He added that President Donald Trump is dealing pragmatically with regional issues, explaining that lifting sanctions on previously listed figures reflects Trump’s conviction that economic development serves American interests, and that Washington wants to see Baghdad succeed.

Regarding the relationship between Baghdad and Tehran, Des Roches described the required balance as a “real challenge,” noting that some armed factions within Iraq “take their orders from Iran,” which hinders the ability of Iraqis to pursue their national interests.

He continued: “Iraq must have its own electricity and should not remain dependent on importing electricity from Iran,” noting that Tehran uses the energy file “as a tool to obtain hard currency and maintain its influence.”

The former Pentagon official asserted that “Iran is treating Iraq as an Arab province under its control with a seat at the United Nations,” adding that “the Iraqi nation is strong, and its destiny is greatness, not subservience.”

Mosaic defense

In assessing the military escalation in the Gulf, the former US official said that Iran has shown, by targeting shipping and infrastructure in the Gulf states and Iraq, that it “does not view its neighbors as sovereign states but as its own sphere of influence.”

He added that Tehran is adopting what is called “distributed mosaic defense,” by giving advance instructions to missile and drone units before the outbreak of war, reflecting a readiness to strike countries in the region even if they do not participate directly in the fighting.

Des Roches argued that the Gulf states refused to allow the United States to use their air bases against Iran because they wanted to stay out of the conflict, but Iran decided to consider them enemies anyway.

Israel and Lebanon

Regarding the relationship between Washington and Tel Aviv, he explained that “Israel does not wait for an American green light when it sees a threat to its national security,” noting that the two sides agree militarily on “weakening Iranian offensive capabilities,” but they differ politically on the future of Iran after the war.

He added: “The United States does not want to impose a new regime in Iran, but wants the Iranian people to decide that, while Israel seeks to ensure that Iran does not become a future threat again.”

Regarding Lebanon, he considered the main problem to be Hezbollah, saying that the party “has turned itself into a state within a state” and weakened Lebanese governing institutions.

He added that the Lebanese government has begun to approach the stage of “extending sovereignty” through steps such as limiting the influence of the Iranian Revolutionary Guard and stopping the flow of weapons to Hezbollah, but he ruled out a “rapid radical change” on the ground.

Strait of Hormuz

Regarding the Strait of Hormuz, Des Roches predicted that the United States would resume military operations against Iran if the latter continued to disrupt international navigation.

According to the former Pentagon official, Trump does not want to return to war because of the economy and the elections, but he may find himself forced to do so “if Iran continues to use the Strait as a bargaining chip.”

According to his reading, the “Freedom Project” launched by Washington in the Gulf also aims to push European and Asian allies, especially China, Japan and South Korea, to become more involved in protecting international shipping lanes. Des Roches concluded by saying that China is more dependent on the Strait of Hormuz than the United States, and that any precedent allowing Iran to impose tariffs or restrictions on navigation “represents a direct threat to the Chinese economy and global trade.”

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AL-KHALIDI REVEALS A “POWERFUL ALLIANCE” LED BY AL-MALIKI AND A PARALLEL MOVEMENT TO AL-SUDANI THAT INCLUDES 100 MPS.

(Mnt Goat: Oh boy! Here we go again. This dude will just not give up. I guess he didn’t get a position it the new govt so now he is going to create a havoc. I don’t want any majority block led by Maliki in the next election cycle, God forbid!!!! ☹ )

Member of the Coordination Framework, Mohammed al-Khalidi, revealed today, Monday, an intense political movement to form new alliances within the Council of Representatives. He pointed to the inclination of some forces towards the opposition front led by the head of the State of Law Coalition, Nouri al-Maliki, countered by a parallel movement by the head of the Reconstruction and Development Coalition, Mohammed Shia al-Sudani, to form a major parliamentary bloc.

Al-Khalidi told Al-Maalouma, “There is a real and serious inclination by some political forces towards the option of parliamentary opposition under the umbrella of a new alliance being arranged under the name ‘The Alliance of the Strong.’” He explained that “this alliance will be headed by the leader of the State of Law Coalition, Nouri al-Maliki, and will adopt political opposition as its approach within the parliament.”

He added that “these movements are met on the other side by parallel efforts and activity led by Prime Minister Mohammed Shia al-Sudani,” noting that “al-Sudani’s movement aims to form a broad and supportive political alliance that includes more than 100 members of parliament to ensure political and executive stability.”

Regarding the recent withdrawals, Al-Khalidi affirmed that “the political blocs that withdrew from the coalition recently will not affect its weight, influence, or decision-making power within the parliament.”

Almaalomah.me

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AL-HAMAMI: AN IMPORTANT POLITICAL FORMATION HEADED BY AL-MALIKI WILL BE ANNOUNCED SOON.

Former MP Arif al-Hamami acknowledged on Monday that a significant political formation is emerging on the Iraqi scene, headed by Nouri al-Maliki, and may be announced in the near future.

Al-Hamami told Al-Maalouma that “the political landscape in Iraq needs adjustments to ensure its proper course in serving all components, far removed from the language of circumvention, manipulation, and attempts to disregard the entitlements of political forces and movements.”

He added that “a significant political formation is emerging in the near future, headed by al-Maliki,” noting that “al-Maliki is determined to proceed in protecting the political process.”

He explained that “the results of the vote on Ali al-Zaidi’s government revealed many truths,” emphasizing that “this necessitates a series of measures to ensure that the political process proceeds in an Iraqi manner, free from external agendas.”

He concluded by saying that “the coming period will be full of important decisions that will strengthen citizens’ confidence in the political process.”

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AN ECONOMIST EXPLAINS THE FACTORS CONTROLLING THE DOLLAR EXCHANGE RATE IN THE PARALLEL MARKET.

Economic expert Salah Nouri confirmed on Tuesday that the exchange rate of the dollar in the parallel market is subject to several internal and external factors, most notably supply and demand and liquidity conditions in the market.

Nouri said, “The exchange rate of the dollar in the parallel market depends on supply and demand, and this equation is affected by multiple internal and external factors.” He explained that “the demand for dollars by some traders who do not deal with the external transfer system of the Central Bank of Iraq is affected by the rise in global commodity prices and weak purchasing power.”

He added that “the supply of dollars in the parallel market is limited, and is often linked to a commercial tendency among those who possess the currency for the purpose of selling or speculation,” noting that “the liquidity crisis and fears of paying the salaries of employees and retirees also affect the movement of the market and their ability to purchase imported goods.”

Nouri explained that “changing the dollar exchange rate is one of the tasks of the Central Bank of Iraq, in accordance with its monetary policy and in coordination with the Ministry of Finance, which is responsible for fiscal policy,” noting that “this file has not been fully clarified within the new ministerial formation.”

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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

a

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:

May 14, 2026 Mnt Goat News Brief

Guten Tag everyone:

The RV saga continues with the election cycle. So far it is just more U.S. threats and still now solid plan as to how to accomplish this task of disarming these factions and PMF. A list of his potential cabinet members has been reviewed by the US. Many were not acceptable as they had close ties to Iran. Meanwhile the May 27th deadline for Zaidi to form his government looms.

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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Proverbs 11:25

A generous person will prosper; whoever refreshes others will be refreshed.

STATUS OF THE RV

I need to come to you today to clarify some wrong news being put out. Yes, you know who the culprits are, don’t you.

It is simply an ignorant notion to thing that the US is going to allow the reinstatement of the Iraqi dinar under the current situation in Iraq. Folks, it has been over 5 months already and still they don’t have a government in place. Some call this process democracy but many more call it a ‘dysfunctional process’ and there is work to be done to fix it, but a later elections cycle. Meanwhile many say that the CBI is working in the background and can actually independently reinstate the dinar at will, if Ali Al-Alaq wants to. They bash al-Alaq for the hold up and accuse him of being Iranian influenced. This notion too is wrong and simply not inline of what is really going on in Iraq. So, I encourage all my readers to be careful of this other rhetoric on these internet sites. I try to bring honest news to you. Please absorb it and go with it…..

I can see that some of these sites copy and paste my information directly from my Newsletter. This is plagiarism if you don’t at least give me some credit for it. A simple nod or kudos to Mnt Goat would be nice! Also do you help out with appreciation $$$ to keep the Newsletter and all the research alive along with my other faithful members of my blog. Don’t you think that maybe you should help out since I am suppling you with most of the information for you own blog?

Again, I have to say that many of you might be discouraged and fed up with hearing over and over again about these damned Iranian factions and PMF still working inside  Iraq. Remember that the Iraqi parliament even passed a bill paying the PMF while many Iraqi citizens go hungry and without jobs. Yeh… guess what, I am also fed up. But this is reality. We can follow all the banking and other White Paper reforms we want, but the reality is that there is still the political side and it must catch up to the economic/financial side. Especially now with the Trump attention turned to the middle east, it is more important then ever. But they are failing miserably and showing the world just how incompetent they are of governing themselves. This is what it all boils down to. I am not going to paint a rosy picture and lie to you.

I see many of these intel sites reviewing the banking reforms and other issues behind the scenes. This is all good news and very informative. But when they lead on that the RV is coming as a result and is imminent than I have a problem with it. It is a trap and they are falling for it.

So, what is in the news this period?

Let’s first take a peek at the article titled “SUDDEN ‘VETO’ FROM IRAN THWARTS GOVT FORMATION EFFORTS IN IRAQ”. Am I missing something or what? This article is very revealing proof of what I have been telling my readers what I have been saying all along. Iran feels it can interfere with Iraqi elections but the US should not? I don’t get the hypocritical attitude of Iranian leadership. Oh… but I do get it. They are corrupt and want Iraq as their puppet proxy state, especially now at this time. They desperately need the money laundered to Iran.  

Two Iraqi officials revealed on Sunday that a sudden “veto” from Iran has thwarted efforts to form a new Iraqi government. Iran has expressed its objection to keeping pro-Tehran armed factions out of the new government.

Tehran has demanded that the ruling Shiite Coordination Framework refrain from voting in favor of a cabinet lineup that “harms the influence of its allies” in the Iraqi state, the officials told Asharq Al-Awsat.

Should Iran resort to informing the Framework MPs to refrain from voting for al-Zaidi’s cabinet, Washington may in turn increase pressure on Baghdad, such as imposing sanctions and cutting off support, to get its way, a senior advisor in an influential Shiite party told Asharq Al-Awsat.

The ongoing dispute between Washington and Tehran may lead to al-Zaidi quitting as PM-designate, he warned.

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So, here is yet another bit of news we will want to pay attention to. The title is “HERE’S WHY MAY 27th IS NOW CRITICAL FOR IRAQ’S FUTURE AND THE WEST’S MIDDLE EAST”

So what happens if al-Zaidi is unable to form a new government by  May 27th?

Under Article 76 of the Constitution, the President (Patriotic Union of Kurdistan member and former Environment Minister, Nizar Amedi) has 15 days from the date of the deadline’s expiration (taking us to 11 June) to task another candidate with forming the Council of Ministers. The new nominee then receives their own 30-day window to present a cabinet and government program to the Council of Representatives, and so the process would continue until any of the subsequent Prime Minister-designates can form a new government.

In 2020, two consecutive Prime Minister-designates failed to take office after proving unable to assemble a cabinet with parliamentary support. In the interim period, the outgoing government – currently led by al-Sudani – would continue to function in a caretaker capacity to prevent a political vacuum.

This election could drag out all through the summer. Do you see it too? So, let’s not go off half-cocked with these ideas that the RV is imminent just because they now have a prime minister designate. This is obviously stupid to say at this point in time since there is no evidence to back up this claim. The show is not over until the fat lady sings…. lol… 😊 But let’s pray for the best and for an honest, competent person will take over the helm and move Iraq forward not backward. Are you praying for Iraq?

I firmly believe that this current election process in Iraq is like no other and this Iranian worldly influence is finally being challenged as it should have decades ago. Yes it has come to a head, the final straw. It is much, much too hard now to counter this threat as they have let this go way too long already.

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Next let’s see what Zaidi is up to in appointing the new cabinet in the article titled “WARNINGS AGAINST “MINISTERS OF FAILURE”… ADAI CALLS ON AL-ZIDI TO CONFRONT THE PRESSURES OF THE BLOCS AND APPOINT COMPETENT INDIVIDUALS TO MINISTERIAL POSITIONS.” How many times must we read these types of articles over these past many election cycles. Yes, they are always filling these high paying govt jobs as favoritism rather that real skill to do a competent job. Is this also why we sit here over 20 years still waiting for the RV?

We are about to see it again with Nouri al-Maliki getting either a vice-presidential position or even now he wants the minister of oil, a Zaidi’s cabinet position. Did he horse trade his vote to let in al-Zaidi for this?

Of all positions in the cabinet (besides finance minister or minister of the interior) this is definitely also one you don’t want Maliki medaling around in. He will most definitely mess up the current agreements made with Kurdistan and muck up the Oil and Gas Law now on the table in parliament. We need this law done to get us to the reinstatement.

Do you see how Maliki works. He actually wants to stop the Oil and Gas Law because he knows it will bring conclusion to this constitutional requirement, something the US is demanding prior to the reinstatement. Who stopped the reinstatement in December 2012? Who was prime minister? Go figure! This guy is bad news for any real progress in Iraq. They use these key positions to compromise votes, horse trade and manipulate the economy. He is a very confrontational person and hates the Kurds.  

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How much longer can the Iraqi economy suffer over this election process? Let’s take a peek at the recent article titled “EXCLUSIVE: US WARNING: IRAQ HAS ONLY FIVE MONTHS’ WORTH OF “FINANCIAL BUFFERS” TO AVOID “THE MOTHER OF ALL CRISES”.

Mustafa Hashim

On Wednesday, economist Ziad Dawood “painted a “bleak” picture of the future of the Iraqi economy in light of the sharp fluctuations in global oil prices, warning that the country could find itself facing “bitter choices” within a few months if the growing financial gap is not addressed.”

In remarks made during economic discussions at the Iraq Dialogue Day at the Atlantic Council in Washington, which was attended by a correspondent from Shafaq News Agency, Dawood explained “that Iraq is currently experiencing a state of “excessive dependence” on oil revenues, which makes its budget more vulnerable to external shocks than it was in the crises of 2008, 2014 and 2020”.

Yes, yes, yes, tell us something we don’t already know…. This backs up the reasoning for privatization of the economy. In other words, going to a capitalistic system moving away from a socialized economy. This case with Iraq is a case in point as to why any country would not want socialism over capitalism.   

This is funny because when I talk to my CBI contact, she says there is no financial gap. There is plenty of money to pay salaries in the CBI reserves, if necessary. Also, the oil is flowing through the pipelines and there is plenty of $$$ to pay the bills. The oil is bypassing the liability of Strait of Hormuz and the embargo is letting Iraqi oil tankers through the strait anyhow. So, what is all this rhetoric they keep pushing about some ‘bleak’ picture? There is no crisis except for the election and having a sound government in place.  

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Speaking about the Private Sector (refence to above comments) there are two articles about this topic in today’s news and so Iraq should keep moving ahead regardless of the election saga. But can it? How far can it go with caretaker prime minister? The economy  can only go so far as it needs the legislative branch. As you know this is the prime minister’s cabinet. It will need the cabinet to compile the necessary laws to help with building the private sector for Iraq. Currently the GOI is in limbo with only a caretaker government which is restricted.

You might want to take a peek at these articles below:

Titled: “THE PRESIDENT OF THE REPUBLIC AFFIRMS THE IMPORTANCE OF SUPPORTING THE PRIVATE SECTOR AS A KEY PARTNER IN ECONOMIC DEVELOPMENT.”

President Nizar Amidi emphasized the importance of supporting the private sector and enabling it to play its vital role as a key partner in economic development. The Presidential Media Office stated in a press release: “President Nizar Amidi received today, Wednesday, Abdullah al-Jubouri, Vice Chairman of the Permanent Council for Private Sector Development.”

During the meeting, al-Jubouri provided a detailed explanation of the Council’s work, its responsibilities, and the economic vision it seeks to achieve, in accordance with developmental paths aligned with the state’s development plans, contributing to supporting the national economy and strengthening the private sector’s role in the development process.

The President stressed the importance of supporting the private sector and enabling it to fulfill its vital role as a key partner in economic development,  

Titled: “AN ECONOMIST: THE SLOGAN FOR THE NEXT PHASE SHOULD AIM TO REVITALIZE THE PRIVATE SECTOR.”

Economic expert Dirgham Muhammad Ali affirmed that the government salary crisis, which is driving operational spending to record levels, is a top priority for the incoming government.

Yes, Iraq desperately needs to move this expenditure to the private sector. They have been talking about this for over 20 years and so why are they still on a socialized welfare system? There is only one answer to this question and that is they are not taking calculated risks and already missed one of the most important moves in missing the 2012-2013 reinstatement of the dinar. They are now paying the price of missing this ‘unprecedented opportunity’ in 2013 as Dr Shabibi told us in his 2015 interview.   But this keeps the corruption moving to Iran while Iraq suffers.

In a statement to the Iraqi National News Agency ( NINA ), he said, “Economic reform of the current situation begins with supporting the private sector to expand and become the foundation of the labor market, making it more attractive than government jobs.”

This is exactly what president Trump plans to do in Iraq but first it needs the meddling of Iran out of Iraq both politically and military. He is planning on a massive amount of Us companies investing in Iraq. But he can’t convince them to invest while terrorists are within the government and walk the streets.

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Also some good news, as Iraq readies itself for the new digital currency. The article it titled “ZAIN IRAQ, IN PARTNERSHIP WITH NEXT GENERATION COMPANY, LAUNCHES THE “ZAIN MART” PLATFORM TO PROVIDE AN INTEGRATED E-COMMERCE SHOPPING EXPERIENCE AND ENHANCE THE DIGITAL ECONOMY IN IRAQ.”

What is this new Zain Mart?

Zain Mart is an integrated e-commerce platform designed to provide a modern and seamless digital experience. It enables users to browse and purchase a wide range of electronics and home appliances from leading and trusted international brands through a dedicated smartphone app or website.

• A secure, integrated digital shopping experience… designed for your lifestyle
• Flexible purchase and payment options with fast and reliable delivery
• A wide range of electronics and home appliances from trusted global brands

Announced Zain Iraq in partnership with Next Generation Company, Zain launched its “Zain Mart” e-commerce platform, a new step within its vision to expand its digital ecosystem and provide innovative services that enhance the digital lifestyle in Iraq.

We must all remember that a new digital dinar is not good unless you can use it. How would you use it if you don’t have the electronic systems infrastructure to handle it. This Zain Mart is yet another indication that Iraq is moving ahead with the digital currency and will do it soon. They are using Iraq as their Beta test on a country-wide digital currency. They do not plan to roll it out until they are ready to complete the redenomination to the newer lower denominations. Remember also that they still intend  to have limited cash too. It’s going to be a slow rollout.

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SUMMARY

While President Trump visits China, his Iraqi envoy and ambassador await the plan from the designate prime minister as to how he intends to handle these factions and PMF within Iraq. In many of the recent articles we read about the Washington stance on this issue. It is not going to just go away. This is the final straw as the Trump administration had even talked about this issue way before the Nov 11 elections. It seemed it was ignored. Now its down to the wire.

Meanwhile we are seeing a move by Nouri al-Maliki to try to stop the Oil and Gas Law, a law already implemented in practicality but needs to be passing by parliament and put in the Gazette to be official and enforceable. Every time I hear about this idiot Maliki getting involved in something it goes to ruins. He is trying to get the minister of oil position in the new cabinet, go figure.

Meanwhile the CBI keeps moving ahead with banking reforms. I am not even following them too closely any longer as these reforms, as I am told by my CBI contact, are all part of the White Paper and the White Paper is as done as they need it to reinstate the dinar and go international.

However, a bit of news that did catch my eye is with the ‘Zain Mart’ that will support the new Iraqi digital dinar, when it comes. I am told it will not come until they are ready for the Project to Delete the Zeros as they plan to roll them both out consecutively. One will support the other. The digital side will allow the CBI to significantly reduce the amount of paper currency in circulation. It will also allow for a greater control of the dinars and prevent the mess they are now experiencing with the parallel market (black market) for the dollar. They do not want this to occur once they repeg to the new basket of currencies when they go to FOREX. I am told that there is going to be a massive educational effort as they get closer the digital dinar rollout. Now I don’t mean to scare anyone with this digital dinar as it will be phased in slowly as more and more of the paper is absorbed through the Project to Delete the Zeros.

Many of you might say – oh…. but we thought they printed all these newer lower denominations and so what do they now do with them. There will still be cash, get it? Folks, this all has been planned over a decade ago and so the amount of the newer lower denominations necessary to support the economy coincides with the digital dinar project and no more. Yes, they might have to print more if the digital does not take. Remember it will be a SLOW rollout as no one is a genius as to what is actually going to happen when they decide to conduct these projects. It may lead to inflation or not.  

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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. 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

“More Governments Will Fall”

Go to the 10:34 mark in video for the prophecy. From May 3^rd.  

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.  

IS AOC A SOCIALIST COMMUNISTS?

You decide….

She will NEVER recover from this interview.

CIA WHISTLEBLOWER TESTIFIES ON COVID ‘COVER-UP’

Another COVID lie coverup exposed. What did the prophets tell us –  ‘What can be shaken will be shaken.’ The government owes its citizens the TRUTH!

WHY WON’T OBAMA GO AWAY LIKE ALL THE OTHER PAST PRESIDENTS?

Obama the ‘globalist’ president. Yes, he wants a global government and the US sovereignty gone and I mean gone! He wants the US to follow not lead the world.

This guy is not about ‘America First’ but ‘globalism first’. Can you see how globalism is ruining the planet and is not helping it? Just take a look around you? Just look at the mess in the middle east, then in Europe, the UK, Australia and in the U.S. What the heck is so good about it?

Define globalist: a person who advocates the administering or planning of a political strategy and an economic system, i.e. global governance on a global rather than a national basis. They do not want sovereignty of nations.

And he was a US President? What the….. (WTF)

THEY CALL THIS DEMOCRACY. DEMS JUST GOT CAUGHT…AGAIN

I even question why they call their party the ‘democrat party’ when they are the farthest from being democratic. Remember everything is NOT about what the majority wants. Yes, this what they call democratic. But they are wrong. VERY wrong!

Is about what the US Constitution says on how we should govern. The U.S. is a”Constitutional Republic’ NOT a democracy. We only use the democratic principles to select our leaders, when that is done, we want them then is to uphold the US Constitution which is our the guiding laws of the land. We donot want them to use their power we have given them then to try to turn us away from what our founding fathers wanted and to change to a pure ‘Democracy’, which is easily manipulated as you cannot serve all the people all the time is a pure democracy.

And this is where the democrat party does not get it. This is how they will try to manipulate the voters minds into believing we must go to a pure Democracy. You can hear it when they talk and make their grand speeches about democracy. We hear then screaming all the time about democracy, democracy, democracy but this is only brainwashing you to get you to go along with their narrative of a pure democracy away from what the founding fathers wanted. They did not choose a Constitutional Republic for nothing. There were hundreds of years of background and corruption behind their decision. They did not want America to go the way of the past in Europe.

I challenge everyone to go research why the founding fathers wanted this ‘Constitutional Republic’ and NOT a pure ‘Democracy”. 

TRUMP BACKS FEDERAL GAS TAX SUSPENSION

Will this eventually lead to all taxes being taken off of gasolene permanently including local, state and federal gas taxes which are nearly 75% of the cost of gas at the pump?

Anything will help but let’s try a lot better than that. How about the state tax and other taxes on gas at the pump. Has this become an ‘essential’ item. Should we even be taxing gasolene in the first place. Hey… who thought of this tax anyhow? What a brilliant idea!

HOW DID GASOLENE TAXES START ANYHOW?

WHITMER UNDER FIRE AFTER APPOINTEE INDICTED

To understand what is really going on in Michigan we must first realize that the Federal government is finally auditing all the state’s election processes. This is something that is the legal right of the Federal government. States, as we know, have the US Constitutional right to run their own election process. This does not mean it can be corrupt and fraudulent. With all the allegations of these many past elections, it is time for the Federal government to step in and conduct these audits. It is way overdue. So why are the democrats fighting it so much? Are they afraid of ‘pandora’s box” and what will be found inside of it?

But there is more. As these BLUE states refuse to cooperate with the Federal government more and more corruption then surfaces and we begin to see patterns as to why they don’t want the Federal govt nosing around in their business. Yes, this corruption has gone on for so long it is a way of life now and they actually think they are entitled to it. How dare the Federal government (under Trump) audit them, they say. Yes, once again using the Trump narrative as their lame excuse for not wanting oversight and accountability.

The level of all this corruption is just blowing my mind. I never thought it was this bad. But did God not tell us it was and they He is going to clean it up.

Michigan Governor Gretchen Whitmer is facing growing scrutiny after explosive reports tied one of her political allies and appointees, Fay Beydoun, to a controversial $20 million taxpayer-funded grant now under criminal investigation.

Beydoun — a Whitmer donor, fundraiser host, and MEDC appointee — allegedly received massive state funding through a nonprofit connected to the “Global Link” program before investigators began digging into where the money went and how the grant was approved. Critics are now asking:

1.how did a politically connected Whitmer ally secure such a huge earmark,

2.and who inside Michigan government signed off on it?

The controversy has sparked major questions about political favoritism, oversight failures, and whether insiders within the Whitmer administration helped pave the way for the funding. Reports also suggest investigators are examining communications involving Whitmer’s office, the Michigan Economic Development Corporation, and figures tied to the grant approval process.

Someone’s going to Jail!

THIS IS SOMETHING THAT HAPPENS IN COMMUNIST AND SOCIALIST COUNTRIES

Incidentally Washington also just passed a state income tax of 9% plus. Washington used to be one of the tax free state. The legislature did not vote on a referendum to the people for this tax. The state supreme court ruled and allowed this vagrant violation of constitutionality.

TIME FOR THIS TO BE UNLEASHED ON IRAN, ENOUGH IS ENOUGH

COULD REP. JAYAPAL GUILTY OF TREASON?

“She CONFESSED to Assisting Cuba AGAINST the U.S. embargo” – Calls to ARREST Rep. Jayapal for Helping Cuba. Who the hell do these representatives think they are? It is unbelievable what this democratic party has come to.

Jayapal is an ultra-leftist liberal who has been an obstructionist all a long for anything that makes common sense for the American people and can actually help America’s economy grow. She believes in very high taxes, this Robin Hood stuff of taking from the rich and giving to the poor. Yes, from your pocket to theirs, because most of it never even gets to the programs intended for the poor anyhow and we have seen this time and time again with all these recent corruption scandals now being exposed. This could be her big scandal too but I think there is much more to her corruption only it has not yet surfaced fully. The sopt light has now been turned on to her and so let’s see what she is really up to and why. Is she even on the side of America or on the side of social communists. She has the AOC syndrome, it’s call ‘ignorance’. Does she even know how blockages work and the power of the president to impose them?

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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

EXCLUSIVE: US WARNING: IRAQ HAS ONLY FIVE MONTHS’ WORTH OF “FINANCIAL BUFFERS” TO AVOID “THE MOTHER OF ALL CRISES”.

Mustafa Hashim

On Wednesday, economist Ziad Dawood painted a “bleak” picture of the future of the Iraqi economy in light of the sharp fluctuations in global oil prices, warning that the country could find itself facing “bitter choices” within a few months if the growing financial gap is not addressed.

In remarks made during economic discussions at the Iraq Dialogue Day at the Atlantic Council in Washington, which was attended by a correspondent from Shafaq News Agency, Dawood explained that Iraq is currently experiencing a state of “excessive dependence” on oil revenues, which makes its budget more vulnerable to external shocks than it was in the crises of 2008, 2014 and 2020.

SALARIES AND CURRENCY VALUE

Dawood defined the concept of “economic crisis” in Iraq with two main axes that represent the existential obligations of the state:

1. Currency stability: Maintaining the dinar’s peg to the dollar at its current levels.

2. Salaries and obligations: The ability to pay employee salaries, wages, and pensions without delay.

Daoud warned that failing to meet either of these commitments would mean entering “the mother of all crises,” stressing that the process of “currency revaluation” (devaluing the currency) is a painful process economically and socially.

NARROW SAFETY MARGIN

The economist presented a detailed calculation to estimate the length of time Iraq could withstand the decline in oil revenues:

Reserves: The Central Bank of Iraq has approximately $100 billion.

Currency cover: To ensure the stability of the dinar and maintain the circulating money supply, the central bank needs to allocate about $75 billion as cover.

Available surplus: Iraq practically has only $25 billion left that can be used to cover the deficit.

Payroll: The annual cost of salaries and pensions is approximately $64 billion, which is equivalent to about $5.3 billion per month.

The result: According to Dawood, the available surplus ($25 billion) is only enough to cover salaries for five months in the event of a sharp interruption or decline in oil revenues, before the country reaches “the brink of collapse”.

POST-WORLD CUP PREDICTIONS

Dawood indicated that Iraq may experience a period of relative stability until next July, coinciding with the celebrations for the 2026 World Cup, but he expressed deep concern about the price levels and economic pressures that will follow this period.

He concluded his statement by emphasizing that Iraq faces “difficult choices,” as dependence on oil has increased rather than decreased, making any disruption in global markets a direct threat to the social and economic stability of Iraqis.

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ZAIN IRAQ, IN PARTNERSHIP WITH NEXT GENERATION COMPANY, LAUNCHES THE “ZAIN MART” PLATFORM TO PROVIDE AN INTEGRATED E-COMMERCE SHOPPING EXPERIENCE AND ENHANCE THE DIGITAL ECONOMY IN IRAQ.

• A secure, integrated digital shopping experience… designed for your lifestyle
• Flexible purchase and payment options with fast and reliable delivery
• A wide range of electronics and home appliances from trusted global brands

Announced Zain Iraq in partnership with Next Generation Company, Zain launched its “Zain Mart” e-commerce platform, a new step within its vision to expand its digital ecosystem and provide innovative services that enhance the digital lifestyle in Iraq.

Zain Mart is an integrated e-commerce platform designed to provide a modern and seamless digital experience. It enables users to browse and purchase a wide range of electronics and home appliances from leading and trusted international brands through a dedicated smartphone app or website.

The platform offers an easy and secure shopping experience, supported by competitive advantages including flexible payment options such as buy now, pay later, along with ongoing offers, exclusive discounts, and fast and reliable delivery. This enhances user confidence and provides a comprehensive shopping experience.

Zain Iraq CEO, Emre Gurkan, stated,  “The launch of Zain Mart, in partnership with Next Generation, reflects our commitment to supporting the digital economy in Iraq. Through this platform, we are working to provide an integrated digital ecosystem that prioritizes the needs of Iraqi users, delivering an advanced digital experience that aligns with their aspirations.”

The launch of Zain Mart represents a strategic step to keep pace with the rapid growth in the e-commerce sector and underscores Zain Iraq’s commitment to expanding its services beyond traditional offerings by providing innovative digital solutions that meet market needs and support digital transformation in Iraq.

(Mnt Goat: We must all remember that a new digital dinar is not good unless you can use it. How would you use it if you don’t have the electronic systems infrastructure to handle it. This Zain is yet another indication that Iraq is moving ahead with the digital currency. They are using Iraq as their Beta test on a country wide digital currency. They do not plan to roll it out until they are  ready to complete the redenomination to the newer lower denominations. Remember also that they still intent to have cash too. Its going to be slow rollout.)

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THE PRESIDENT OF THE REPUBLIC AFFIRMS THE IMPORTANCE OF SUPPORTING THE PRIVATE SECTOR AS A KEY PARTNER IN ECONOMIC DEVELOPMENT.

President Nizar Amidi emphasized the importance of supporting the private sector and enabling it to play its vital role as a key partner in economic development.

The Presidential Media Office stated in a press release: “President Nizar Amidi received today, Wednesday, Abdullah al-Jubouri, Vice Chairman of the Permanent Council for Private Sector Development.”

During the meeting, al-Jubouri provided a detailed explanation of the Council’s work, its responsibilities, and the economic vision it seeks to achieve, in accordance with developmental paths aligned with the state’s development plans, contributing to supporting the national economy and strengthening the private sector’s role in the development process.

The President stressed the importance of supporting the private sector and enabling it to fulfill its vital role as a key partner in economic development, emphasizing the need to create a suitable investment environment and remove obstacles facing businesspeople and investors, thereby contributing to achieving sustainable development, diversifying income sources, and reducing reliance on traditional resources.

He also pointed to the importance of strengthening the partnership between the public and private sectors and supporting economic initiatives that contribute to creating job opportunities and stimulating productive activity, in line with the priorities of economic reform and achieving comprehensive development.

For his part, Al-Jubouri expressed his appreciation for the President’s interest in the private sector, affirming the Council’s continued work on presenting initiatives and proposals that would support economic activity and strengthen the partnership between the public and private sectors, serving the national interest and enhancing economic stability in the country.

(Mnt Goat: Okay so why is it really so important to implement the private sector. WE have remember that the goal for Iraq is to move away from a socialize system where everything was owned by the state and paid by the state. This take time and is not as easy as most think. So, lets’ get rid of all these fancy words as in the article and get down to the basics:

1.The PRIVATE SECTOR can slowly take the burden and pressure off the GOI OF having to pay billions each month in salaries, retirements, etc. As the companies come into Iraq and create employment, they can move these commitments to the private companies. These same companies can also create pension funds to support retirements.

2. The PRIVATE SECTOR can help in the long standing goal of diversification of the country in that these private sector companies can come into Iraq and help develop Iraq’s natural resources like silica and other limited metals needed for industry.

3. The PRIVATE SECTOR can enable sustainability in that when chaos breaks out within the oil market, Iraq is no longer held hostage to the oil prices to service its citizens or marketplace.

4. The PRIVATE SECTOR as time moves on can deliver electricity, water, garbage pickup, etc. and other essential services that are normally by a private sector for a fee, fees paid by the citizens individually for the service. Again this takes yet another set of  financial burdens off the GOI. )

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AN ECONOMIST: THE SLOGAN FOR THE NEXT PHASE SHOULD AIM TO REVITALIZE THE PRIVATE SECTOR.

Economic expert Dirgham Muhammad Ali affirmed that the government salary crisis, which is driving operational spending to record levels, is a top priority for the incoming government.

(Mnt Goat: Yes, Iraq desperately needs to move this expenditure to the private sector. They have been talking about this for over 20 years and so why are they still on a socialized welfare system? There is only one answer to this question and that is they are not taking calculated risks and already missed one of the most important moves in 2012-2013, the reinstatement of the dinar. They are now paying the price of missing this move over and over again. But this keeps the corruption moving to Iran while Iraq suffers.)

In a statement to the Iraqi National News Agency ( NINA ), he said, “Economic reform of the current situation begins with supporting the private sector to expand and become the foundation of the labor market, making it more attractive than government jobs.”

He explained that “credit packages and legal and logistical facilitations await the private sector according to the program launched by the incoming government, which must be fundamental and focus on creating a private sector that leads the labor market and reduces state operational spending.” He pointed out that “current expenditures have begun to consume the budget, forcing the government to borrow to cover the spending deficit, which makes the shift towards the private sector a national necessity, not a luxury.”

He stressed that “current spending is the highest in the country’s history due to the increasing number of those receiving salaries and the contraction of development.”

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WARNINGS AGAINST “MINISTERS OF FAILURE”… ADAI CALLS ON AL-ZIDI TO CONFRONT THE PRESSURES OF THE BLOCS AND APPOINT COMPETENT INDIVIDUALS TO MINISTERIAL POSITIONS.

(Mnt Goat: how many times must we read these types of articles over these election cycles. Yes, they are always filling these high paying govt jobs as favoritism rather that real skill to do a competent job. We are about to see it again with Nouri al-Maliki getting either a vice president position or even now he wants the minister of oil Zaidi’s cabinet position. Of all positions in the cabinet this is definitely one you don’t want Maliki medaling around in. He will most definitely mess up the current agreements made with Kurdistan and muck up the Oil and Gas Law now on the table in parliament. Do you see how he works. He actually wants to stop the Oil and Gas Law because he knows it will bring conclusion to this constitutional requirement, something the US is demanding prior to the reinstatement. Who stopped the reinstatement in December 2012. Go figure! This guy is bad news for any real progress in Iraq. They use these key positions to compromise votes, horse trade and manipulate the economy.)

MP Riyadh Adai warned the prime minister-designate on Tuesday against succumbing to pressure from certain political forces seeking to impose “incompetent” figures in the upcoming cabinet. He stressed the necessity of selecting professional ministers, free from the abhorrent quota system.

Adai told Al-Maalouma, “The current stage requires selecting a cabinet of competent and experienced individuals, completely avoiding figures who have previously proven their failure in managing the state’s key institutions.” He explained that “appointing ministers who do not rise to the level of responsibility will lead to a weak government that fails to meet the people’s aspirations.”

He added, “There is pressure being exerted by some political entities on the prime minister-designate to approve specific names lacking qualifications,” warning that “accepting this pressure will reproduce failure, and the prime minister-designate must bear full responsibility for choosing the most suitable individuals to lead the ministries.”

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HERE’S WHY MAY 27^th IS NOW CRITICAL FOR IRAQ’S FUTURE AND THE WEST’S MIDDLE EAST

• Iraq’s Iran-aligned Coordination Framework nominated businessman Ali al-Zaidi as prime minister-designate, but he faces a difficult 30-day deadline to form a cabinet balancing pro-Iran factions, Kurdish and Sunni blocs, and U.S. pressure.

• If Zaidi fails, Iraq’s constitution allows the president to nominate another candidate while caretaker PM Mohammed Shia’ al-Sudani remains in office.

• Iraq’s political future remains tied to the broader U.S.-Iran power struggle, with Washington, Tehran, Russia, and China all competing for influence.

After more than five months of political cajolery, threats, and infighting since Iraq’s 11 November parliamentary elections – the seventh since Saddam Hussein’s fall in 2003 – an erstwhile obscure businessman, Ali al-Zaidi, has been selected as the Prime Minister-designate of the governing Iran-aligned Shia Coordination Framework bloc. Regarded as a compromise candidate between more pro-West sitting Prime Minister, Mohammed Shia’ al-Sudani, and one of his predecessors, the pro-Iran Nouri al-Maliki, al-Zaidi now has until 27 May to form a government. This is done by selecting a cabinet, which must, in turn, be approved by Iraq’s parliament (the Council of Representatives). So, what happens if, as occurred in 2020, he as Prime Minister-designate cannot do so, and what happens if he can?

A cornerstone of Iraq’s 2005 Constitution was the safeguarding against the re-emergence of a single dominant force in Iraqi politics, especially any resurgence of Saddam Hussein’s Ba’ath Party. This meant a dispersal of executive power between three key jobs – Prime Minister, President, and Speaker of Parliament. These have traditionally been split between the three main groups in the country — the Prime Minister for the Shia Arabs (the largest demographic group), the Presidency for the Kurds (occupying the semi-autonomous state in the North), and the Speakership of Parliament for the Sunni Arabs (the other principal religious grouping). Although this power structure has indeed prevented any meaningful revival of the Ba’ath Party, it has also complicated what on the face of it looks a straightforward and quick procedure for choosing a new premier.

According to the constitution, once the general election results have been verified, the president asks the newly elected parliament to meet within 15 days. In that first gathering, parliament elects a speaker and two deputies by a simple majority vote. It can then choose a new president – provided there is a two-thirds majority for a single candidate — or extend the sitting president’s term. Once this has been finalized, the new president authorizes the bloc that holds the most seats in the new parliament to form a cabinet led by its chosen nominee for prime minister.

So what happens if al-Zaidi is unable to form a new government by  May 27th?

Under Article 76 of the Constitution, the President (Patriotic Union of Kurdistan member and former Environment Minister, Nizar Amedi) has 15 days from the date of the deadline’s expiration (taking us to 11 June) to task another candidate with forming the Council of Ministers. The new nominee then receives their own 30-day window to present a cabinet and government program to the Council of Representatives, and so the process would continue until any of the subsequent Prime Minister-designates can form a new government.

In 2020, two consecutive Prime Minister-designates failed to take office after proving unable to assemble a cabinet with parliamentary support. In the interim period, the outgoing government – currently led by al-Sudani – would continue to function in a caretaker capacity to prevent a political vacuum.

(Mnt Goat: This election could drag out all through the summer. Do you see it too? So let’s not go off half-cocked with these ideas that the RV is imminent. This is obviously stupid to say at this point in time since there is no evidence to back up this claim. The show is not over until the fat lady sings…. Lol… 😊 But let’s pray for the best and for an honest, competent person will take over the helm and move Iraq forward not backward. Are you praying for Iraq? )

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SUDDEN ‘VETO’ FROM IRAN THWARTS GOVT FORMATION EFFORTS IN IRAQ

(Mnt Goat: Am I missing something or what? Iran can interfere with Iraqi elections but the US should not? I don’t get the hypocritical attitude of Iranian leadership. Oh… but I do get it. They are corrupt and want Iraq as their puppet proxy state, especially now.)

From right to left: Prime Minister-designate Ali al-Zaidi, Coordination Framework member Hadi al-Amiri, and caretaker Prime Minister Mohammed Shia al-Sudani. (Coordination Framework)

Two Iraqi officials revealed on Sunday that a sudden “veto” from Iran has thwarted efforts to form a new Iraqi government. Iran has expressed its objection to keeping pro-Tehran armed factions out of the new government.

Tehran has demanded that the ruling Shiite Coordination Framework refrain from voting in favor of a cabinet lineup that “harms the influence of its allies” in the Iraqi state, the officials told Asharq Al-Awsat.

Amid these developments, reports said that Esmail Qaani, commander of Iran’s Quds Force, the foreign arm of the Iranian Revolutionary Guards Corps (IRGC), made a surprise visit to Baghdad as Prime Minister-designate Ali al-Zaidi had reportedly been making progress in the government formation process.

Significant throughout these developments is the United States’ pressure on al-Zaidi to keep the armed factions out of the new government, reflecting mounting tensions with Tehran that are playing out on a larger scale in the region over Hormuz and the war on Iran.

Sources said Qaani had arrived in Baghdad in recent hours with a message that “Tehran objects” to Iraq’s “complete subservience to Washington.”

An official compared to Asharq Al-Awsat the tensions in Iraq over the government to the tensions between Washington and Tehran over Hormuz.

‘Purely American government’

The two officials said Iran wants to prevent Iraq from forming a “purely American government,” amid US pressure on Baghdad to curb the activity of the pro-Iran armed factions.

Al-Zaidi was named PM-designate on April 27, receiving unprecedented American backing from President Donald Trump himself, who described his appointment as a victory for the Washington administration.

A PM-designate has no more than 30 days to present a cabinet lineup to parliament for a vote of confidence. Time is of the essence with several MPs travelling to Saudi Arabia for the Hajj, meaning the necessary quorum for the parliament session to be held may not be met.

American officials are expected to arrive in Baghdad within days. Sources said Washington not only wants the armed factions out of the government, but it wants to ensure that they will not seek “alternate arrangements” that would get them in the cabinet. This prompted Iran to resort to its “veto” and throttle the government negotiations.

The disagreements over the government in Iraq largely reflect the negotiations between the US and Iran in the region that have been ongoing for weeks without reaching a final settlement.

One of the Iraqi officials quoted a prominent member of the Framework as describing as “unprecedented” the US involvement in the formation of the government. He warned that the differences could turn into an “open conflict” between Washington and Tehran, concerns that were heightened with Qaani’s arrival in Baghdad ahead of American officials who are expected there soon too.

Should Iran resort to informing the Framework MPs to refrain from voting for al-Zaidi’s cabinet, Washington may in turn increase pressure on Baghdad, such as imposing sanctions and cutting off support, to get its way, a senior advisor in an influential Shiite party told Asharq Al-Awsat.

The ongoing dispute between Washington and Tehran may lead to al-Zaidi quitting as PM-designate, he warned.

The Iraqi officials, who are involved in the government formation efforts, revealed that al-Zaidi had received messages from several parties, including the US, over the need to from a cabinet that “does not have Iranian influence.”

Negotiators have said that Washington “is now interfering in the tiniest detail” in the formation process and it has “accurate information about how the factions operate to try to outmaneuver” American conditions.

The conditions are not only limited to the government, but also include restricting the factions’ economic and political connections with Tehran, especially issues related to water resources, oil, and independence of political decision-making, revealed political sources.

Al-Zaidi has tried to keep sovereign portfolios out of the hands of the armed factions and granting them “lesser” ministries. The move has angered Iran, which was hoping that it would retain influence over powerful ministries.

An informed source said noted the Asa’ib Ahl al-Haq movement, which boasts 27 MPs in parliament and has been demanding that its political weight be reflected in cabinet. It has been demanding that it be granted the Oil Ministry, putting it at great odds with Washington.

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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

a

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:

May 12, 2026 Mnt Goat News Brief

Guten Tag everyone:

The RV saga continues with the election cycle. So far it is just more U.S. threats and some rational ideas being kicked around in the political circles of Iraq as to how to accomplish this task of disarming these factions and PMF. Meanwhile the commanding general of the Iranian Quds Forces in Iraq, Qaani, flies into Iraq and attempts to convince the new government NOT to disband or disarm these factions and the PMF. Go figure! What a mess Iraq has on their hands since this are being pulled from Washington on one hand and Iran in the other. All of this nonsense could have been avoided in 2007 if Iraqi leadership at the time had the balls to send these Iranians packing back home once the war with ISIS was over. My question is this- could they even? Where these Quds forces stronger than the Iraqi armed forces and they were unable to do so?

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!

____________________________________

Psalm 37:4

Delight yourself in the Lord;
And He will give you the desires of your heart

STATUS OF THE RV

As we spring into the season of Spring, things are beginning to heat up again in Iraq over these Iranian backed militia. So, let’s first cover this ongoing saga and then we will get to some positive news from the Central Bank of Iraq. Again, I will try to summarize the recent news for you in the best chronological order I can as it all happened. I will try to keep it simple. However, some of these explanations for the articles today are going to be a bit long as the articles are chock-full of information that helps our quest to learn more and more about what the hell is truly holding up the RV/Reinstatement.  

😊 So, the recent saga begins as we should be aware that president Trump made statements regarding acceptance of al-Zaidi as the designate prime minister. See the article titled “TRUMP: WHAT HAPPENED IN IRAQ IS “VERY GOOD” AND I’M HAPPY WITH THE PRIME MINISTER-DESIGNATE.” “US President Donald Trump said on Saturday that recent developments in Iraq were “very good,” expressing his satisfaction with the selection of the Iraqi prime minister-designate, in a further sign of Washington’s support for the new Iraqi leadership.” Of course, any candidate might be better than the obviously corrupt Nouri al-Maliki…lol… lol… lol… But let’s consider the new choice in these terms too. Will Trump be able to work with al-Zaidi to help make Iraq great again (MIGA)?

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😊 However, as investors in the Iraqi dinar, let’s not yet go off half-cocked screaming RV!, RV!, RV!. This approval from Trump comes with a condition that the militias are disbanded and disarmed. So far, no sound plan has been proposed. See article titled “WASHINGTON IMPOSES ITS CONDITIONS ON THE NEW GOVERNMENT AND USURPS IRAQI DECISION-MAKING POWER.”

The source told the “Video News Agency” that “the United States has put forward a set of conditions related to the formation of the next government in Iraq, including a government without armed factions or the Popular Mobilization Forces, the formation of a government team with a new structure and management, in addition to completely stopping the smuggling of hard currency and crude oil.”

An informed source confirmed on Sunday that there are American conditions related to the formation of the new Iraqi government, which represent direct interference in the process of its formation, and affect the nature of sovereign decision-making and the distribution of positions within the state. Of course, the Iranians would say this since they too are interfering and don’t want the US medaling in their affairs to take over Iraq as a proxy Iranian state.

The Iranians always want to paint a picture that the US as interfering in the election process of Iraq and Iraqi sovereignty, really? These are fine words but hypocritical words from Iran as you also must include Iran in the equation too if they are truly concerned about Iraqi sovereignty. Yes, they too along with the US must then go.

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😊 Next out pops this article titled “DISARMING FACTIONS AMID ESCALATING US PRESSURE.” The Asharq Al-Awsat newspaper, quoting Iraqi political sources, revealed the formation of a high-level Iraqi committee tasked with preparing an executive project for disarming armed factions, in preparation for presenting it to American officials in the coming days, amid escalating American pressure on Baghdad regarding the issue of weapons and Iranian influence within Iraq.

The information indicated that the committee is operating under a mandate from forces within the coordination framework.

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😊Then Muqtada al-Sadr, issued a statement about what to do with the militia. Did he just muddle up the waters and confuse things? Yes, possible solutions to the problem but are they going to work? You do remember Muqtada al-Sadr? His block actually won the overwhelming majority of votes in the 2022 election, even more than the al-Sudani block in 2026. I know we have not heard much from him in years. Remember like al-Sudani, he won a previous election but conceded his votes also to the Coordination Framework. The article is titled “AL-SADR SETS 6 CONDITIONS FOR THE NEXT GOVERNMENT AND CALLS FOR THE DISBANDING OF ARMED FACTIONS.”

I have been waiting for al-Sadr to speak up about this election and these factions. This is a very important step and shows the national consensus is to disband them. Didn’t Al-Sudani tell us this also months ago?  Why is Iraq still having this situation today?

The leader of the Shiite National Movement, Muqtada al-Sadr, issued a statement today, Friday (May 8, 2026), in which he outlined a political roadmap that includes six basic conditions directed at the person tasked with forming the government, stressing the need to achieve “the satisfaction of the people” as a top priority for the next stage.

The issue of uncontrolled weapons topped al-Sadr’s statement, in which he called on the incoming government to transform the armed factions into a formation called “Soldiers of Religious Rites,” to be under the authority of the “Hajj and Umrah Authority,” or to transform them into humanitarian relief formations. My personal opinion this is all just bullshit!

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☹ Then, it was not even a few days later that Qaani came to Iraq on a surprise trip, when this news article came out titled “WALL STREET: QAANI MANEUVERS TO KEEP FACTIONS ALIVE AND AVOID DISARMING THEM.”

Washington is pressuring al-Zaidi amid anticipation of the confidence vote session.

Who is Esmail Qanni? He is the commander of Iran’s Quds Forces. Qaani, urged Iraqi officials he met during his visit to avoid excluding militia leaders from the government or attempting to disarm them. WOW, what pressure from both sides Washington and now Iran!

According to information reported by the Wall Street Journal, which covered the issue of al-Zaidi’s nomination, the prime minister-designate has the support of President Donald Trump, who invited him to Washington. The newspaper confirmed that the United States strongly supports him, adding that this support from the White House is conditional on excluding armed factions from the next Iraqi government and limiting Tehran’s influence in Baghdad.

So, based on what is now going on in Iran, do you think that Iraqi leaders will listen to Qaani or the Whitehouse? Let me know what you think in the comments below. 

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😊 We are reading lots of articles on the timing of the new government of Zaidi (or Zaydi or however they spell his name) will be formed as they still have to formalize the list of his cabinet members and present it to parliament for a vote. I am not going to burden you will all this ongoing rhetoric and opinions from these political figures as they are going nowhere in a hurry with these cabinet choices unless they clean up their act and get these Iranian factions and PMF disbanded and disarmed. The US has taken a look at the proposed cabinet member list and disapproved many of the candidates. Many are on the international terrorist list and have ongoing sanctions on them. How stupid even to try to sneak these candidates through. These Arabs cannot be trusted.  

It an interesting article today it just about sums it all up. It is titled “WASHINGTON TIGHTENS ITS CONDITIONS, BAGHDAD WAVERS, AND THE FACTIONS BECOME A STUMBLING BLOCK FOR THE NEW GOVERNMENT.”

Gee Whiz….. they only had 5 months already to deal with them and decide what to do with them, but you know Iraq and these stubborn Arabs. The reason why they haven’t yet dealt with the factions and PMF is because they are already subservient to Iran and Iran says they must stay. Remember Qaani just came to Iraq and pressured them.
“The Iraqi political scene is witnessing a remarkable escalation against the backdrop of the conditions put forward by the administration of US President Donald Trump regarding the formation of the new Iraqi government, which linked its support for Baghdad to keeping armed factions away from the upcoming ministerial formation, which opened the door to a wide political debate within the country.“

I don’t want to hear anyone criticizing the Trump administration as ‘holding up the RV’. This is silly and almost sad to say these things. This Iranian issue should have been dealt with long before now with other presidents, namely Obama and Bush. Anyone telling you this, simply put is ‘an idiot’ and just shows the extent of ignorance as to what is really happening in Iraq. Getting rid of Iran out of Iraq is in part (a large part) of exactly what we need to see and will lead to the RV and Reinstatement. Get it?

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😊 So here is yet another article telling us the aim is to clean out the old corruption and bring out new blood to run the country of Iraq. Oh…. does this sound familiar? Isn’t the US also making these same moves in their own government under Trump? We will soon see a flood of indictments come out there too. Remember the parallel comparison of what is happening in Iraq to what is happening in the US politics is uncanny. There must be some behind the scenes ‘spiritual’ entity working all this out. It can’t be all just coincidence. The article is titled “AL-SHAMMARI: ATTEMPTS TO BRING BACK CERTAIN FIGURES WILL NOT SUCCEED, AND THE CURRENT STAGE REQUIRES NEW FACES.”  

MP Mohammed Al-Shammari affirmed on Tuesday “that any attempts to rearrange the political landscape in order to impose certain figures back on the forefront will not succeed, pointing to the need to move beyond the names that consumed the previous phase and caused a decline in public trust.”

Al-Shammari told Al-Maalouma News Agency that “attempts to rearrange political alliances to bring some figures back to the forefront will not succeed unless they are based on a real project that serves the Sunni and Iraqi public in general,” indicating that “the public no longer accepts repeating experiences that have only resulted in political crises.” (after crisis).

He added that “the next stage needs new faces capable of overcoming the disputes and crises that have weakened citizens’ confidence in the political process,” noting that “the insistence on recycling some controversial names represents an obstacle to the stability of legislative and executive entitlements.”

Maybe Iraq also needs to change their political process too as part of this as I (as well as many politicians inside Iraq and the U.S.) believe the changes are necessary as the interpretations of a ‘majority block’ and how it is formed is all wrong and has been the cause of many delays and corruption in the election process. It also allows too much ‘horse trading’ to go on and thus allows the corruption to occur right from the get-go during the election process. This is in-fact how Iran got into Iraqi politics. I don’t believe for one second the average citizen in Iraq voted to have such an Iranian presence in the government thus be governed as a proxy state of Iran.

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😊 In fact is you take the time to read the article titled “THE “FRAMEWORK” WAS SURPRISED BY THE EXTENT OF AMERICAN SUPPORT… DID IT GET INVOLVED IN NOMINATING AL-ZAIDI?” You can see that what I just said about election corruption is factual and has to change. Folks, this is not rocket science to try to understand the changes that must occur in Iraqi politics if in fact Iraq it going to be a truly sovereign nation, that they claim they are (or more like it in reality want to be) but are not yet.

The Iranian general (Qaani) rushes to Baghdad to salvage the “quiet infiltration”.
The “quiet arrangements” for forming the new government have, over the past two weeks, devolved into something resembling “open chaos,” according to a well-informed Shiite political source. This sudden shift brought the Iranian general back to Baghdad and disrupted understandings that, until recently, seemed almost finalized.

This confusion coincides with the stalled attempts at rapprochement between Tehran and Washington and the rising likelihood of a return to brinkmanship. Prime Minister-designate Ali al-Zaidi was preparing to present his cabinet this week, before these new developments pushed for a possible postponement until the end of May or the beginning of June.

Al-Zaidi now finds himself in a highly complex (very precarious) situation, caught between American pressure to remove the factions from key state institutions and escalating Iranian pressure exerted through armed groups that reject any talk of dismantling their influence or disarming.

Why did the general return?
 “Things have descended into chaos,” attributing this to “the tug-of-war between Tehran and Washington.” He continues, “Iran was apparently satisfied with the formula upon which the groundwork for the new government was laid, but now it has returned to objecting, without any clear reasons.”

On Saturday evening, information leaked about Qani’s arrival in Baghdad, just hours after Muqtada al-Sadr’s speech, in which he again warned against “the perfumer’s concoction,” a phrase he uses to refer to Iranian influence, in what appeared to be an early hint at the visit before it was reported in the media.

According to available information, Washington considered several alternative names to al-Sudani but found insufficient indications that these figures were capable of containing Iran’s influence or controlling the armed factions.

At the height of that crisis, Tehran had pushed through what became known as the “quiet infiltration” plan, aimed at repositioning the factions within state institutions through unknown figures, while superficially disarming them.

“Trump had said last Saturday evening that what had happened in Iraq recently was “satisfactory,” emphasizing that he was “happy with the selection of the prime minister-designate.”

(Mnt Goat: Trump also said support to Iraq is conditional upon disarming the militias)

Nevertheless, there are still no clear indications that al-Zaidi intends to confront the armed factions. Muqtada al-Sadr further complicated the situation by calling for the transformation of the armed factions into “soldiers of religious rites” – in his statement last Friday – under the authority of the Hajj and Umrah Commission, or their conversion into humanitarian relief organizations. He declared that anyone who rejects this would be “outlaws.”

The factions’ silence regarding Trump’s statements and his call to al-Zaidi, as well as his support for forming a “terrorism-free” government—a move understood by the US as targeting armed groups—was striking. This was seen as part of a strategy of “quiet infiltration.”

WHAT WILL BECOME OF THE GOVERNMENT?
Even before news leaked of Qani’s return to Baghdad, the chances of passing the cabinet this week seemed high, but recent developments have overturned those expectations.
Political analyst Wael al-Rikabi, close to Maliki’s team, says that “the pressure from the parties to divide the ministries, along with American pressure to exclude the factions, may lead to postponing the vote on the government until after the Eid holiday,”  

Is Eid al-Adha a Public Holiday? Eid al-Adha is a public holiday on may 27th this year. It is a day off for the general population, and schools and most businesses are closed in Iraq.

Remember I told you Maliki needed a position in the government to protect his against his crimes. He is now trying for the ministry of Oil in Zaidi’s cabinet, and this is causing yet more controversy too. Seems whatever he touches nobody really wants it. Yes nobody wants this ass—hole around any longer. I quote from the article- “a fierce Shiite struggle is unfolding over the Ministry of Oil, which, according to the norms within the “coordination framework,” is supposed to go to the largest bloc, i.e., to Sudani’s share.”  Maliki knows where the money is. This is always where he migrates to in the government. So, we see “according to political sources, Nouri al-Maliki is still clinging to the oil ministry and refusing to relinquish it at the last minute, despite the blow dealt to his candidate for the position.”   

This next bit of news in this article confirms to us why we can’t can foreign influence in in Iraqi policies. I quote from the article – “Last year, Al-Mada newspaper, citing informed sources, revealed that parties close to Iran had obstructed agreements to resume oil exports through the Turkish port of Ceyhan, which later led to a severe crisis after the closure of the Strait of Hormuz during the 40-day war.”

Washington also imposed sanctions on leaders of the Kataib Sayyid al-Shuhada and Asa’ib Ahl al-Haq militias on charges related to oil smuggling and the financing and arming of groups linked to the Iranian Revolutionary Guard and Hezbollah.
Among those sanctioned was Laith al-Khazali, brother of Asa’ib Ahl al-Haq leader Qais al-Khazali, whose name had been circulating as a potential candidate for the Ministry of Interior.

I can go on and on with this article as it is chock-full of more information. I will let you go to the Articles Section for the rest of it to read on your own. Sorry, I know this commentary was very long on this article but necessary.

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OIL AND GAS LAW

I keep bringing this law up for review as to where we are in the stages of getting this law passed and into the Gazette. The US has told Iraq this law is essential to completing all their 2005 constitutional requirements as they must be fulfilled prior to moving to a member once again of the international community (this move means a reinstatement of the dinar back on FOREX).

😊 So, here we go again folks. Yes, the Oil and Gas Law (or better known as HCL) has raised it’s head again, but for the good of our investment. Can parliament get this law passed? This is actually the very first time a sound law acceptable by both Kurdistan and the GOI has been presented to parliament to put into law. In fact both are already abiding by its conditions as if it were already put into law.

Let’s see what the current developments are in this direction of finally getting this law passed. The article today is titled “OIL AND GAS LAW: WILL THE CURRENT PARLIAMENTARY SESSION SUCCEED IN RESOLVING ONE OF THE MOST COMPLEX ISSUES?”

The oil and gas law is imposing itself as one of the most sensitive issues within the Iraqi scene, amid increasing questions about the ability of political forces to pass it during the current parliamentary session. As you may recall Article 112 of the new Constitution of the Republic of Iraq requires the enactment of a law to regulate the oil and gas sector. To date, however, no such law has been enacted. It was supposed to be completed must months after the ratification of the new Iraqi constitution in 2005. It is decades overdue.

The spokesman for the Iraqi Ministry of Oil, Sahib Bazoun, confirmed on Tuesday (May 12, 2026) “that the oil and gas file between Baghdad and Erbil will not witness complete stability until the oil and gas law is approved within the House of Representatives, noting that there are existing understandings between the federal government and the region regarding the management of the oil file.”

Bazoun said that there is an agreement and a political decision between the two parties, but that enacting the oil and gas law during the current parliamentary session represents the most important step to ensure the stability of the oil relationship and preserve the rights of all parties.

I quote from the article: “The Oil and Gas Law is one of the most prominent controversial laws postponed in Iraq since 2005, as it is related to regulating the management of oil wealth and the distribution of revenues between the federal government, the Kurdistan Region and the producing governorates, amid repeated political and economic demands to resolve it in order to end the disputes related to oil exports and contracts.”

So, do you think getting this law implemented is important for the STABILITY sake of Iraq, as the governor of the CBI Ali al-Alaq keeps telling us they need STABILITY and SECURITY. Yes, I have confirmed with my CBI contact many times this is part of the reason why the reinstatement has not yet gone.

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😊 I wanted to bring forward yet another recent article on this same subject matter of the HCL. It is the article titled “THE MOST COMPLEX ISSUE AWAITS RESOLUTION: OIL: THE OIL AND GAS LAW IS THE KEY TO STABILITY BETWEEN BAGHDAD AND ERBIL.”

The spokesman for the Iraqi Ministry of Oil, Sahib Bazoun, confirmed on Tuesday (May 12, 2026) that the oil and gas file between Baghdad and Erbil will not witness complete stability until the oil and gas law is approved within the House of Representatives, noting that there are existing understandings between the federal government and the region regarding the management of the oil file.

Bazoun told Baghdad Today that there is an agreement and a political decision between the two sides, but that enacting the oil and gas law during the current parliamentary session represents the most important step to ensure the stability of the oil relationship and preserve the rights of all parties.

So, again do you think this law is important to getting us the reinstatement?

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WHAT ELSE IS IN THE NEW?

😊 When the CBI talks, I listen! Meanwhile, in the background the CBI continues to move ahead with the banking reforms. Are all these reforms necessary to reinstate the dinar? I am told by my CBI contact that they certainly can’t hurt but as far as the ‘White Paper” reforms, Iraq is more than ready and financially stable now to reinstate and wanted to do it in January 2026 but was held up due to the election saga. I am told it is the political side that must catch up to the financial side. Here is some good recent news titled “THE CENTRAL BANK OF IRAQ: WE ARE PROCEEDING WITH REFORMING THE BANKING SECTOR AND CALL FOR RELIANCE ON OFFICIAL SOURCES.”

“The Central Bank of Iraq affirmed its continued implementation of the banking sector reform program, as part of its strategic vision to strengthen the financial system and enhance the efficiency of banking institutions in accordance with best practices and international standards. In an official statement, the bank explained that Iraqi banks are continuing to work towards fulfilling the requirements of the second phase of the reform program, which focuses on raising compliance and governance levels, enhancing transparency, and improving institutional performance. This contributes to supporting financial stability and strengthening confidence in the banking sector.

The Central Bank also noted its ongoing efforts to support banks whose access to external transfer channels has been restricted, enabling them to meet the approved regulatory requirements and standards.”

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😊 As we all should know by now or I am informing you now, if in case you don’t know, that the CBI must be able to manage the exchange rate of the dinar both pre-RV and post-RV. If it can’t manage it now the IMF is not going to let it go back to FOREX. So can they manage it? Remember also because their monetary system is coming out of the harshest of sanctions the CBI still is not yet fully in control of the dinar, as many believe. Yes, they have the power as stated in the constitution, but this does not mean they can exert that ‘full’ power yet until they have proved themselves as a nation capable of it. Thus, seeing what is not going on with the Iranian corruption inside Iraq is a prime example of not showing it fully yet. Do you get it?

In this next article it is revealing to us if they can or can not yet fully control the dinar. It is titled “THE CENTRAL BANK CONTINUES TO STRENGTHEN THE STABILITY OF THE DINAR AND THE SUSTAINABILITY OF THE CASH DOLLAR.”

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Friday that “the stability of the exchange rate is part of the Central Bank’s monetary policy, noting that there are ongoing measures to enhance the stability of the dinar, control liquidity, and ensure the sustainability of cash dollar supplies “.So, this statement tells us there are problems and the CBI must stay on top if it. Remember also because of minor recent sanctions due the election process, dollars were temporarily cut off from the US Aid to Iraq.  

Saleh said, in a statement to the official agency followed by Al-Sa’a Network, that “the exchange rate policy and the monetary system are among the exclusive jurisdictions of the monetary authority, according to the Central Bank of Iraq Law No. (56) of 2004, which granted the Central Bank legal independence in formulating and implementing its monetary policies, while subjecting it to accountability before the House of Representatives based on Article (103) of the Constitution of the Republic of Iraq”

He added that “the Central Bank of Iraq adopts a fixed official exchange rate policy as a nominal anchor to achieve general price stability in the long term, maintain monetary balance, and reduce inflationary expectations .”

He stressed that “stabilizing the parallel market (to use the ‘official’ fixed exchange rate) is not achieved  only through increasing the injection of cash dollars for travelers and others, which represents a percentage between 5% and 10% of the total demand for foreign currency, but rather through an integrated package of continuous measures, including effective management of cash liquidity through intervention in the exchange market, controlling and regulating official demand channels for foreign currency, enhancing confidence in institutions and monetary policies, as well as developing the internal commercial and financial infrastructure .”

My conclusion is that the CBI along with help from the Finance Committee can put measures in place to help stabilize the dollar from the parallel market, but they still can not fully control these dollars and the rates above the ‘official’ rate from the paralell market (the black market, which is illegal).  

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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. 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

“Shocking Evidence Is Coming Out That Will Finally Drain The Swamp”

Go to the 9:22 mark in video for the prophecy. From May 1st.

“Long Awaited Arrests Are Coming “

Go to the 14:27 mark to watch the prophecy. From  May 1^st.

• China’s control in the U.S. will be destroyed
• The IRS will be exposed for what it really is.
• Someone in the Senate is about to be arrested for a ‘shocking’ reason.
• Elizabeth Warren will be removed from the Senate. Her days of cheating the American people are over.
• Nothing the deep state will do will stop the arrests that are coming.
• Crooked judges both Federal and Civil will be removed from their benches.
• A U.S. Supreme Court judge will suddenly resign.

“The Majority Of Your Government Is Guilty Of Treason“

Go to the 10:59 mark to watch the prophecy. From May 2nd.

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.  

IS AOC A SOCIALIST COMMUNISTS?

You decide….

She will NEVER recover from this interview.

CIA WHISTLEBLOWER TESTIFIES ON COVID ‘COVER-UP’

Another COVID lie coverup exposed. What did the prophets tell us –  ‘What can be shaken will be shaken.’ The government owes its citizens the TRUTH!

WHY WON’T OBAMA GO AWAY LIKE ALL THE OTHER PAST PRESIDENTS?

Obama the ‘globalist’ president. Yes, he wants a global government and the US sovereignty gone and I mean gone! He wants the US to follow not lead the world.

This guy is not about ‘America First’ but ‘globalism first’. Can you see how globalism is ruining the planet and is not helping it? Just take a look around you? Just look at the mess in the middle east, then in Europe, the UK, Australia and in the U.S. What the heck is so good about it?

Define globalist: a person who advocates the administering or planning of a political strategy and an economic system, i.e. global governance on a global rather than a national basis. They do not want sovereignty of nations.

And he was a US President? What the….. (WTF)

THEY CALL THIS DEMOCRACY. DEMS JUST GOT CAUGHT…AGAIN

I even question why they call their party the ‘democrat party’ when they are the farthest from being democratic. Remember everything is NOT about what the majority wants. Yes, this what they call democratic. But they are wrong. VERY wrong!

Is about what the US Constitution says on how we should govern. The U.S. is a”Constitutional Republic’ NOT a democracy. We only use the democratic principles to select our leaders, when that is done, we want them then is to uphold the US Constitution which is our the guiding laws of the land. We donot want them to use their power we have given them then to try to turn us away from what our founding fathers wanted and to change to a pure ‘Democracy’, which is easily manipulated as you cannot serve all the people all the time is a pure democracy.

And this is where the democrat party does not get it. This is how they will try to manipulate the voters minds into believing we must go to a pure Democracy. You can hear it when they talk and make their grand speeches about democracy. We hear then screaming all the time about democracy, democracy, democracy but this is only brainwashing you to get you to go along with their narrative of a pure democracy away from what the founding fathers wanted. They did not choose a Constitutional Republic for nothing. There were hundreds of years of background and corruption behind their decision. They did not want America to go the way of the past in Europe.

I challenge everyone to go research why the founding fathers wanted this ‘Constitutional Republic’ and NOT a pure ‘Democracy”. 

TRUMP BACKS FEDERAL GAS TAX SUSPENSION

Will this eventually lead to all taxes being taken off of gasolene permanently including local, state and federal gas taxes which are nearly 75% of the cost of gas at the pump?

Anything will help but let’s try a lot better than that. How about the state tax and other taxes on gas at the pump. Has this become an ‘essential’ item. Should we even be taxing gasolene in the first place. Hey… who thought of this tax anyhow? What a brilliant idea!

HOW DID GASOLENE TAXES START ANYHOW?

WHITMER UNDER FIRE AFTER APPOINTEE INDICTED

To understand what is really going on in Michigan we must first realize that the Federal government is finally auditing all the state’s election processes. This is something that is the legal right of the Federal government. States, as we know, have the US Constitutional right to run their own election process. This does not mean it can be corrupt and fraudulent. With all the allegations of these many past elections, it is time for the Federal government to step in and conduct these audits. It is way overdue. So why are the democrats fighting it so much? Are they afraid of ‘pandora’s box” and what will be found inside of it?

But there is more. As these BLUE states refuse to cooperate with the Federal government more and more corruption then surfaces and we begin to see patterns as to why they don’t want the Federal govt nosing around in their business. Yes, this corruption has gone on for so long it is a way of life now and they actually think they are entitled to it. How dare the Federal government (under Trump) audit them, they say. Yes, once again using the Trump narrative as their lame excuse for not wanting oversight and accountability.

The level of all this corruption is just blowing my mind. I never thought it was this bad. But did God not tell us it was and they He is going to clean it up.

Michigan Governor Gretchen Whitmer is facing growing scrutiny after explosive reports tied one of her political allies and appointees, Fay Beydoun, to a controversial $20 million taxpayer-funded grant now under criminal investigation.

Beydoun — a Whitmer donor, fundraiser host, and MEDC appointee — allegedly received massive state funding through a nonprofit connected to the “Global Link” program before investigators began digging into where the money went and how the grant was approved. Critics are now asking:

1.how did a politically connected Whitmer ally secure such a huge earmark,

2.and who inside Michigan government signed off on it?

The controversy has sparked major questions about political favoritism, oversight failures, and whether insiders within the Whitmer administration helped pave the way for the funding. Reports also suggest investigators are examining communications involving Whitmer’s office, the Michigan Economic Development Corporation, and figures tied to the grant approval process.

Someone’s going to Jail!

THIS IS SOMETHING THAT HAPPENS IN COMMUNIST AND SOCIALIST COUNTRIES

Incidentally Washington also just passed a state income tax of 9% plus. Washington used to be one of the tax free state. The legislature did not vote on a referendum to the people for this tax. The state supreme court ruled and allowed this vagrant violation of constitutionality.

TIME FOR THIS TO BE UNLEASHED ON IRAN, ENOUGH IS ENOUGH

COULD REP. JAYAPAL GUILTY OF TREASON?

“She CONFESSED to Assisting Cuba AGAINST the U.S. embargo” – Calls to ARREST Rep. Jayapal for Helping Cuba. Who the hell do these representatives think they are? It is unbelievable what this democratic party has come to.

Jayapal is an ultra-leftist liberal who has been an obstructionist all a long for anything that makes common sense for the American people and can actually help America’s economy grow. She believes in very high taxes, this Robin Hood stuff of taking from the rich and giving to the poor. Yes, from your pocket to theirs, because most of it never even gets to the programs intended for the poor anyhow and we have seen this time and time again with all these recent corruption scandals now being exposed. This could be her big scandal too but I think there is much more to her corruption only it has not yet surfaced fully. The sopt light has now been turned on to her and so let’s see what she is really up to and why. Is she even on the side of America or on the side of social communists. She has the AOC syndrome, it’s call ‘ignorance’. Does she even know how blockages work and the power of the president to impose them?

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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

ABDUL HADI SETS A DATE FOR SUBMITTING THE NAMES OF CANDIDATES FOR MINISTERIAL PORTFOLIOS IN ALI AL-ZIDI’S GOVERNMENT.

On Friday, Uday Abdul-Hadi, a member of the Coordination Framework, set the date for political blocs to submit the names of their candidates for ministerial portfolios in the government of Prime Minister-designate Ali al-Zaidi.

Abdul-Hadi told Al-Maalouma that “Prime Minister-designate Ali al-Zaidi’s submission of the ministerial program to the Speaker of Parliament yesterday represented the first step in the process of forming the government.” He explained that “the next anticipated step is for the political blocs and lists to submit the names of their candidates for ministerial portfolios, based on their electoral entitlements.”

He added that “the names of the candidates will be submitted at the beginning of next week, with more than one name for each ministerial portfolio, from which al-Zaidi will choose the most suitable candidate.” He emphasized that “so far, there are no disagreements hindering this process.”

Abdul-Hadi indicated that “the issue of the sovereign ministries is witnessing serious steps toward resolution in the coming hours,” expecting that “the lists of proposed names will be ready shortly, paving the way for the completion of the government formation.”

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A POLITICAL AGREEMENT HAS BEEN REACHED TO PASS THE AL-ZAYDI GOVERNMENT THIS WEEK.

A parliamentary source revealed on Saturday that there is a political agreement to pass the government of Prime Minister-designate Ali Faleh al-Zaidi during this week, before a number of MPs head to Saudi Arabia to perform the Hajj pilgrimage.

The source told Shafaq News Agency that the Speaker of Parliament “has not yet received any official notification from the government regarding the submission of the cabinet,” explaining that “if the notification arrives, the date of the session will be set and members of parliament will be notified 24 hours before the confidence vote session.”

He added that “there is an agreement between the parliament’s leadership and the heads of the political blocs to pass the government formation during this week, before a group of MPs head to Saudi Arabia next week to perform the Hajj rituals.”

Prime Minister-designate Ali Faleh al-Zaidi submitted the ministerial program for the new government to Speaker of Parliament Hebat Hamad al-Halbousi last Thursday (May 7), in preparation for circulating it to members of Parliament for review, with the names of the government formation to be submitted later.

On April 27, 2026, President Nizar Amidi tasked Al-Zaidi with forming the new government after he was nominated by the Coordination Framework to succeed Mohammed Shia Al-Sudani.

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THE SECRETARY-GENERAL OF PARLIAMENT: THE DATE FOR THE VOTE ON THE CABINET WILL BE SET FOR NEXT MONDAY OR TUESDAY.

The Secretary-General of the House of Representatives, Safwan Al-Jarjari, announced that the date for the vote on the cabinet has not yet been decided, indicating that the final decision is pending the presidency of the council, with the likelihood of it being held on Monday or Tuesday of next week.

Al-Jarjari said in a press statement that: “The House of Representatives has completed all preparations for holding the session to vote on the cabinet,” indicating that “it has been customary in previous government voting sessions to send invitations to political and diplomatic leaders, and things will become clearer tomorrow.”

He added that “tomorrow will see the start of sending invitations to the political leaders, the coordinating framework and the political council,” stressing that “we are waiting for the Speaker of Parliament to set a date for the session, whether it will be on Monday or Tuesday.”

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WASHINGTON TIGHTENS ITS CONDITIONS, BAGHDAD WAVERS, AND THE FACTIONS BECOME A STUMBLING BLOCK FOR THE NEW GOVERNMENT.

(Mnt Goat: Ghee Whiz they only had 5 months to deal with them and decide what to do, but you know Iraq and these stuborn Arabs.)

The Iraqi political scene is witnessing a remarkable escalation against the backdrop of the conditions put forward by the administration of US President Donald Trump regarding the formation of the new Iraqi government, which linked its support for Baghdad to keeping armed factions away from the upcoming ministerial formation, which opened the door to a wide political debate within the country.

In this context, the Friday prayer leader of Najaf, Sadr al-Din al-Qubanchi, described these demands as “blatant interference” in the Iraqi decision, calling on the coordinating framework and the prime minister-designate to take a position that preserves what he described as “the independence of the state.”

These developments coincided with sharp American criticism of what Washington considers to be “ambiguity” in the relationship between the Iraqi state and some armed factions, as the incoming US administration demands a clear declaration confirming that these groups are not affiliated with official state institutions.

Al-Qabbani linked these pressures to what he described as a state of “political confusion” within parliament, criticizing the large number of MPs who traveled to Mecca for Hajj at a time when the country is going through sensitive periods related to the formation of the government and the approval of the ministerial program.

In the international context, a report issued by Foreign Policy magazine, which was followed by (Al-Mada), concluded that Iraq has become closer to a “fragile state” due to political divisions, the influence of armed factions and foreign interventions, noting that the country is stuck between intertwined regional and international pressures.

According to the report, the escalation of attacks and regional tensions, especially between the United States and Iran, has had a direct impact on the Iraqi interior, at a time when the incoming government faces complex challenges related to sovereignty and controlling weapons outside state institutions.

The report also noted that armed factions linked to Iran have become a key player in the Iraqi scene, given their continued political and military presence, which puts the next government in front of a thorny equation between external pressures and internal balances.

For his part, US Republican Party member Malik Francis said that the Trump administration is dealing cautiously with Prime Minister-designate Ali al-Zaidi, focusing on issues of armed influence, energy stability, and limiting Iranian expansion within Iraqi state institutions.

Inside Iraq, the leader of the Sadrist movement, Muqtada al-Sadr, called for a reformulation of the role of armed factions and their transformation into formations with a humanitarian character, in a move that sparked widespread political controversy about the future of those groups within the state.

In light of these developments, Prime Minister-designate Ali al-Zaidi continues his efforts to form his government within the constitutional deadline, amid escalating pressure from internal and external parties, making the issue of the next government one of the most sensitive and complex issues in the current political phase.

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AL-SADR SETS 6 CONDITIONS FOR THE NEXT GOVERNMENT AND CALLS FOR THE DISBANDING OF ARMED FACTIONS.

(Mnt Goat: I have been waiting for al-Sadr to speak up about this election and these factions. This is a very important step and show the national consensus is to disband them. Didn’t Al-Sudani tell us that too 5 months ago?) 

The leader of the Shiite National Movement, Muqtada al-Sadr, issued a statement today, Friday (May 8, 2026), in which he outlined a political roadmap that includes six basic conditions directed at the person tasked with forming the government, stressing the need to achieve “the satisfaction of the people” as a top priority for the next stage.

The issue of uncontrolled weapons topped al-Sadr’s statement, in which he called on the incoming government to transform the armed factions into a formation called “Soldiers of Religious Rites,” to be under the authority of the “Hajj and Umrah Authority,” or to transform them into humanitarian relief formations.

Al-Sadr stressed that any party that rejects this transformation will be considered “outlaw”. Al-Sadr expressed his readiness to dissolve the “Promised Day Brigade” and hand over the “Peace Brigades” to the Commander-in-Chief of the Armed Forces as a step to strengthen state sovereignty.

The Shiite leader expressed his categorical rejection of a return to political power-sharing, stressing his rejection of the “perfumer’s mix,” and calling for a move away from ministerial formations based on power-sharing, and the exclusion of any party that has an armed wing from the cabinet.

He also called for the formation of a government that meets the demands of the Iraqi people, free from partisan pressures.

Al-Sadr set a maximum time limit of three months for the immediate start of suppressing corruption and holding accountable those involved in major cases, most notably what he described as the “deal of the century”.

In his statement, Al-Sadr emphasized the “neither Eastern nor Western” approach, working tirelessly for the true independence of Iraq from all foreign interference.

Strengthening foreign relations within frameworks that preserve Iraq’s prestige, while opening up to the Arab, Islamic and international environment, provided that there is no interference in internal affairs.

To ensure that no one is involved in power-sharing, al-Sadr said, “We do not accept the presence of any individual from the Shiite national movement in the cabinet… and none of their ministers represent us.”

Al-Sadr concluded his statement by emphasizing that the goal of these steps is to elevate Iraq and its people, who have long suffered from the ravages of war, placing the ball in the court of the person tasked with forming the government and other political forces.

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EXPERT WARNS IRAQ IS BECOMING AN “ACCOMPLICE STATE” IN IRANIAN OIL SMUGGLING – URGENT

Economic expert Ziad al-Hashemi warned on Friday (May 8, 2026) of the dangers of Iraq becoming a “complicit state” in Iranian oil smuggling operations, indicating that the continuation of this involvement will put the official Iraqi regime under severe international and financial pressure.

Al-Hashemi stated in a post on his Facebook page, which was followed by “Baghdad Today”, that “the US Treasury’s punishment of the Iraqi Deputy Oil Minister on charges of facilitating the forgery of official documents to change the identity of Iranian oil to Iraqi and smuggle it through the (shadow fleet), is not the first event of its kind, pointing to previous pressures exerted by Washington on the SOMO company to replace managers who were involved in issuing Iraqi certificates of origin and documents used for the same purpose.

He explained that the results of this official involvement with smuggling networks will be “very bad” at the level of the regime and the economy, as international accusations confirm the infiltration of the Iraqi government and the use of state resources to circumvent international sanctions, noting that legitimate Iraqi oil has become “suspicious” in global markets, giving Western frigates a justification to stop ships and check their papers, which causes disruption and an increase in transportation costs.

The economist added that international buyers may demand higher price discounts or complex legal guarantees if they doubt the accuracy of the documents or the possibility of shipments being mixed up, stressing that sanctions may expand to include transport companies, brokers, ship owners, banks, and even other government entities if an institutional pattern of collusion is proven.

Al-Hashemi pointed out that Iraq may face greater financial and banking restrictions, through the tightening of international banks and insurance companies in dealing with Iraqi oil deals and the increase in the cost of marine insurance, indicating that the Ministry of Oil and the SOMO company will be among the most affected, given that their work depends on reputation and reliability as an official source of crude oil.

Al-Hashemi concluded by saying that the Ministry of Oil’s denial alone is not enough, but rather requires an independent audit of the shipments’ route and the chains of intermediaries, and the exposure of those involved, warning of a strategic danger that threatens the reputation of Iraqi oil, the country’s relationship with the global financial system, and the state’s ability to prove its authority over the energy sector away from the influence of political networks.

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THE CENTRAL BANK CONTINUES TO STRENGTHEN THE STABILITY OF THE DINAR AND THE SUSTAINABILITY OF THE CASH DOLLAR.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Friday that the stability of the exchange rate is part of the Central Bank’s monetary policy, noting that there are ongoing measures to enhance the stability of the dinar, control liquidity, and ensure the sustainability of cash dollar supplies .

Saleh said, in a statement to the official agency followed by Al-Sa’a Network, that “the exchange rate policy and the monetary system are among the exclusive jurisdictions of the monetary authority, according to the Central Bank of Iraq Law No. (56) of 2004, which granted the Central Bank legal independence in formulating and implementing its monetary policies, while subjecting it to accountability before the House of Representatives based on Article (103) of the Constitution of the Republic of Iraq

 .”

He added that “the Central Bank of Iraq adopts a fixed official exchange rate policy as a nominal anchor to achieve general price stability in the long term, maintain monetary balance, and reduce inflationary expectations .”

He pointed out that “despite the independence of monetary policy, the management of the exchange rate is not done in isolation from coordination with the executive authority under the constitution, especially coordination with public finance in implementing fiscal policy, as the official rate is, in part, a contractual rate between monetary and fiscal policies .”

He pointed out that “the Central Bank informed the Ministry of Finance, late last year, that the exchange rate adopted for the purposes of preparing the draft federal budget law for 2026 would be around (1300) dinars per dollar, which reflects the continued adherence to the fixed official rate adopted since February 2023 until today, and is an important indicator of stability for the market and its expectations .”

Regarding the parallel exchange market, Saleh explained that “adopting financing foreign trade through official channels and at a fixed exchange rate has contributed to achieving important results in reducing the impact of black market fluctuations on price stability, most notably that the official market contributes to absorbing more than 90% of the real demand for the dollar, reducing demand in the parallel market to marginal limits, enhancing monetary balance, and improving control over liquidity levels by controlling their levels .”

He stressed that “stabilizing the parallel market is not achieved only through increasing the injection of cash dollars for travelers and others, which represents a percentage between 5% and 10% of the total demand for foreign currency, but rather through an integrated package of continuous measures, including effective management of cash liquidity through intervention in the exchange market, controlling and regulating official demand channels for foreign currency, enhancing confidence in institutions and monetary policies, as well as developing the internal commercial and financial infrastructure .”

He pointed out that “the sustainability of supplying cash dollars remains a key factor in stabilizing the parallel market and the noise that accompanies it, in accordance with well-thought-out supply plans that meet the needs of the local market, while adhering to national and international institutional compliance standards related to the use of foreign currency, and combating money laundering and the financing of illegal activities .

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THE CENTRAL BANK OF IRAQ: WE ARE PROCEEDING WITH REFORMING THE BANKING SECTOR AND CALL FOR RELIANCE ON OFFICIAL SOURCES.

The Central Bank of Iraq affirmed its continued implementation of the banking sector reform program, as part of its strategic vision to strengthen the financial system and enhance the efficiency of banking institutions in accordance with best practices and international standards.

In an official statement, the bank explained that Iraqi banks are continuing to work towards fulfilling the requirements of the second phase of the reform program, which focuses on raising compliance and governance levels, enhancing transparency, and improving institutional performance. This contributes to supporting financial stability and strengthening confidence in the banking sector.

The Central Bank also noted its ongoing efforts to support banks whose access to external transfer channels has been restricted, enabling them to meet the approved regulatory requirements and standards.

It stated that the bank is currently in the process of contracting with an independent and specialized auditing firm to conduct the final evaluation of banks that have met the criteria of the first phase of the reform program. This evaluation will ensure their compliance with external transfer requirements and relevant international standards.

The statement added that these measures aim to allow compliant banks to regain access to foreign currency transfer channels, including the euro, the UAE dirham, the Chinese yuan, and other approved international currencies.

The Central Bank of Iraq affirmed that these steps are part of a comprehensive reform program aimed at strengthening the soundness of the banking sector and consolidating confidence in it, thereby serving the interests of the national economy and supporting the integration of the Iraqi banking sector into the global financial system.

Regarding information circulating in the media and on social media platforms, the Central Bank of Iraq stressed the necessity of relying exclusively on official Central Bank of Iraq channels for news and information related to the banking reform program, namely its official website and verified social media accounts, while avoiding reliance on unofficial or unreliable sources.

The Central Bank of Iraq reiterated its commitment to continuing the implementation of the banking reform program with full transparency, in order to achieve its aspirations for developing the banking sector and enhancing its presence and integration into the global financial system.

Central Bank of Iraq – 
Media Office

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TRUMP: WHAT HAPPENED IN IRAQ IS “VERY GOOD” AND I’M HAPPY WITH THE PRIME MINISTER-DESIGNATE.

US President Donald Trump said on Saturday that recent developments in Iraq were “very good,” expressing his satisfaction with the selection of the Iraqi prime minister-designate, in a further sign of Washington’s support for the new Iraqi leadership.

Trump said in a press statement followed by “Iraq Observer”, “What happened in Iraq is very good and I am happy with the prime minister-designate”, adding: “We are supposed to receive a response from Iran tonight.”

Trump had invited Iraqi Prime Minister-designate al-Zaidi to visit Washington following the formation of the new government, stressing the US administration’s desire to strengthen bilateral relations and security and economic cooperation between the two countries.

The US president also stressed his country’s support for the formation of an Iraqi government capable of building a better future for Iraq, free from terrorism.

Al-Zaidi is the first independent Iraqi prime minister from outside the ruling political class since 2003.

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DISARMING FACTIONS AMID ESCALATING US PRESSURE.

The Asharq Al-Awsat newspaper, quoting Iraqi political sources, revealed the formation of a high-level Iraqi committee tasked with preparing an executive project for disarming armed factions, in preparation for presenting it to American officials in the coming days, amid escalating American pressure on Baghdad regarding the issue of weapons and Iranian influence within Iraq.

According to the sources, the committee held unannounced meetings during the past period with leaders of armed factions to discuss mechanisms for disarmament and reintegration of some elements into the civilian and security state institutions, but some of those meetings witnessed tension and objections from parties that refuse to give up their weapons.

The information indicated that the committee is operating under a mandate from forces within the coordination framework, at a time when political warnings are increasing that the anticipated government headed by Prime Minister-designate Ali Faleh Kazem al-Zaidi may face major challenges in implementing reforms related to the issue of weapons and financial resources, which Washington accuses some Iraqi parties of smuggling to Iran.

According to the report, the US administration has shown support for al-Zaidi since his appointment, but it links the continuation of this support to making tangible changes related to reducing the influence of armed factions within Iraqi state institutions.

The newspaper also quoted officials and political sources as saying that the proposed project includes the disarmament of heavy and medium weapons and the restructuring of some formations of the Popular Mobilization Forces, amid doubts about the ability of the next government to actually implement these steps, with the likelihood that some of the current moves are an attempt to absorb American pressure and buy time.

In contrast, sources representing a number of armed factions confirmed their refusal to hand over weapons, believing that American pressure would not push them to back down from their positions or change the existing power equations.

In parallel, an informed source revealed an agreement between forces within the coordination framework and the prime minister-designate to form a special committee to restrict weapons to the state, which includes, in addition to al-Zaydi, Prime Minister Mohammed Shia al-Sudani, and the head of the Badr Organization, Hadi al-Amiri.

The source explained that the committee will develop practical mechanisms to regulate the weapons file and reintegrate some elements of the factions into civilian or security institutions, in line with the requirements of the current stage and the political and security challenges facing the country.

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WALL STREET: QAANI MANEUVERS TO KEEP FACTIONS ALIVE AND AVOID DISARMING THEM

Washington is pressuring al-Zaidi amid anticipation of the confidence vote session.

Wall Street: Qaani maneuvers to keep factions alive and avoid disarming them

The commander of Iran’s Quds Force, Esmail Qaani, urged Iraqi officials he met during his visit to Baghdad to avoid excluding militia leaders from the government or attempting to disarm them. According to information reported by the Wall Street Journal, which covered the issue of al-Zaidi’s nomination, the prime minister-designate has the support of President Donald Trump, who invited him to Washington.

The newspaper confirmed that the United States strongly supports him, adding that this support from the White House is conditional on excluding armed factions from the next Iraqi government and limiting Tehran’s influence in Baghdad.

Citing current and former US officials, the newspaper indicated that al-Zaidi had previously faced similar US pressure, as he owns a bank that the Treasury Department banned from dollar transactions in 2024 due to suspected dealings with a militia leader. The newspaper added that al-Zaidi is considered a compromise choice after Trump threatened to cut off US aid to Iraq when former Prime Minister Nouri al-Maliki was nominated following months of political negotiations.

The newspaper also quoted Iraqi officials as saying that the United States and Iran had inquired about the nomination before it was announced. They indicated that al-Zaidi had received phone calls from Trump and Iranian President Masoud Pezeshkian. They added that Esmail Qaani, during a visit to Baghdad the day before yesterday, urged Iraqi officials not to exclude militia leaders from the government or attempt to disarm these groups.

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THE “FRAMEWORK” WAS SURPRISED BY THE EXTENT OF AMERICAN SUPPORT… DID IT GET INVOLVED IN NOMINATING AL-ZAIDI?

The general rushes to Baghdad to salvage the “quiet infiltration”.

 
The “quiet arrangements” for forming the new government have, over the past two weeks, devolved into something resembling “open chaos,” according to a well-informed Shiite political source. This sudden shift brought the Iranian general back to Baghdad and disrupted understandings that, until recently, seemed almost finalized.
This confusion coincides with the stalled attempts at rapprochement between Tehran and Washington and the rising likelihood of a return to brinkmanship. Prime Minister-designate Ali al-Zaidi was preparing to present his cabinet this week, before these new developments pushed for a possible postponement until the end of May or the beginning of June.

Al-Zaidi now finds himself in a highly complex situation, caught between American pressure to remove the factions from key state institutions and escalating Iranian pressure exerted through armed groups that reject any talk of dismantling their influence or disarming.

Why did the general return?
In less than a month, Ismail Qaani, commander of the Quds Force in the Iranian Revolutionary Guard, returned to Baghdad, amid indications that the previously “quiet” understandings within the “coordination framework” have faltered.
A Shiite politician close to the negotiations says, “Things have descended into chaos,” attributing this to “the tug-of-war between Tehran and Washington.”
Speaking to Al-Mada on condition of anonymity, he adds, “There have been inexplicable changes in the Iranian position regarding the government formation arrangements, and at a surprising time.”

He continues, “Iran was apparently satisfied with the formula upon which the groundwork for the new government was laid, but now it has returned to objecting, without any clear reasons.”

On Saturday evening, information leaked about Qani’s arrival in Baghdad, just hours after Muqtada al-Sadr’s speech, in which he again warned against “the perfumer’s concoction,” a phrase he uses to refer to Iranian influence, in what appeared to be an early hint at the visit before it was reported in the media.

Qani’s visits to Iraq are usually kept secret for security reasons, especially after the recent war. News of the visit typically circulates after he has left the country, and announcements are often made at the weekend.

The Shiite politician believes that Washington exerted “unusual pressure” regarding the participation of Iran’s allies in the new government, causing confusion within the “coordination framework,” especially after the extent of support al-Zaidi enjoys from the United States and other countries became clear.

According to available information, Washington considered several alternative names to al-Sudani but found insufficient indications that these figures were capable of containing Iran’s influence or controlling the armed factions.
At the height of that crisis, Tehran had pushed through what became known as the “quiet infiltration” plan, aimed at repositioning the factions within state institutions through unknown figures, while superficially disarming them.

“Trump is lying!”
Walid al-Hayali, a leader in the Badr Organization headed by Hadi al-Amiri, says, “Talk of Trump supporting Ali al-Zaidi is untrue, and there is no real evidence of it.”
He adds, in a statement to Al-Mada, “Trump views Iraq through the lens of its wealth and economy, and perhaps he saw in al-Zaidi a suitable financial figure, so he tried to ride the wave and suggest that he was behind his nomination, but this is inaccurate.”
However, he points to the existence of “a team working behind the scenes” that helped al-Zaidi build relationships with Washington and other countries.

Trump had said last Saturday evening that what had happened in Iraq recently was “satisfactory,” emphasizing that he was “happy with the selection of the prime minister-designate.”

(Mnt Goat: Trump also said support is conditional upon disarming the militias)

Nevertheless, there are still no clear indications that al-Zaidi intends to confront the armed factions, as he did not meet with some of these groups during the recent rounds of negotiations, even though they were among the forces that supported his nomination within the “coordination framework.” Meanwhile
, leaks are increasing regarding the existence of a tripartite committee concerned with the disarmament of the factions, comprising Mohammed al-Sudani, Hadi al-Amiri, and al-Zaidi.

Muqtada al-Sadr further complicated the situation by calling for the transformation of the armed factions into “soldiers of religious rites” – in his statement last Friday – under the authority of the Hajj and Umrah Commission, or their conversion into humanitarian relief organizations. He declared that anyone who rejects this would be “outlaws.”

The factions’ silence regarding Trump’s statements and his call to al-Zaidi, as well as his support for forming a “terrorism-free” government—a move understood by the US as targeting armed groups—was striking. This was seen as part of a strategy of “quiet infiltration.”

WHAT WILL BECOME OF THE GOVERNMENT?
Even before news leaked of Qani’s return to Baghdad, the chances of passing the cabinet this week seemed high, but recent developments have overturned those expectations.
Political analyst Wael al-Rikabi, close to Maliki’s team, says that “the pressure from the parties to divide the ministries, along with American pressure to exclude the factions, may lead to postponing the vote on the government until after the Eid holiday,” meaning until the end of May or the beginning of June.
Behind the scenes of the negotiations, a fierce Shiite struggle is unfolding over the Ministry of Oil, which, according to the norms within the “coordination framework,” is supposed to go to the largest bloc, i.e., to Sudani’s share.

However, according to political sources, Nouri al-Maliki is still clinging to the ministry and refusing to relinquish it at the last minute, despite the blow dealt to his candidate for the position, Ali Ma’araj al-Bahadli, the deputy oil minister.
Last Thursday, the US Treasury Department imposed sanctions on al-Bahadli, along with two Iraqi factions, on charges of supporting Iran.

Last year, Al-Mada newspaper, citing informed sources, revealed that parties close to Iran had obstructed agreements to resume oil exports through the Turkish port of Ceyhan, which later led to a severe crisis after the closure of the Strait of Hormuz during the 40-day war.

Washington also imposed sanctions on leaders of the Kataib Sayyid al-Shuhada and Asa’ib Ahl al-Haq militias on charges related to oil smuggling and the financing and arming of groups linked to the Iranian Revolutionary Guard and Hezbollah.
Among those sanctioned was Laith al-Khazali, brother of Asa’ib Ahl al-Haq leader Qais al-Khazali, whose name had been circulating as a potential candidate for the Ministry of Interior.

Walid al-Hayali believes that al-Zaydi must open the corruption files of the past three years, address the oil export crises, and prevent a repeat of the Hormuz crisis.
He asserts that the “coordination framework” was not involved in al-Zaydi’s selection, just as it “was not involved previously in Mustafa al-Kadhimi’s,” adding that the framework “later regretted al-Kadhimi’s removal from power.”
Al-Hayali holds the Sudanese responsible for stirring up several political crises, especially after he began forming a large political alliance that participated in the elections in violation of the conditions of the Shiite alliance.

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WASHINGTON IMPOSES ITS CONDITIONS ON THE NEW GOVERNMENT AND USURPS IRAQI DECISION-MAKING POWER.

(Mnt Goat: That’s fine but you also must include Iran in the equation too in that they interfere a hell of a lot more than the US. If you want one to get out, you must also have the other do the same. That is true sovereignty not just political rhetoric by Iran against the US wanting Iraq to be free.)

An informed source confirmed on Sunday that there are American conditions related to the formation of the new Iraqi government, which represent direct interference in the process of its formation, and affect the nature of sovereign decision-making and the distribution of positions within the state.

The source told the “Video News Agency” that “the United States has put forward a set of conditions related to the formation of the next government in Iraq, including a government without armed factions or the Popular Mobilization Forces, the formation of a government team with a new structure and management, in addition to completely stopping the smuggling of hard currency and crude oil.”

He added that among the conditions were also “restricting weapons to the state, moving towards digitizing a large part of the Iraqi dinar, stopping government appointments from special grades to other jobs, as well as choosing a Kurdish foreign minister close to the American administration, expanding relations with Syria in various fields, and supporting the Basra-Aqaba pipeline and the international development road.”

In the same context, Dr. Abbas Al-Jubouri, director of the Rafed Center for Strategic Studies, considered these conditions to be a clear interference in Iraqi affairs, saying that “the United States has reached the stage of directly influencing the formation of the Iraqi government, the distribution of positions, and even the nature of the political decision.”

Al-Jubouri explained that “American intervention infringes on Iraqi sovereignty, especially with its control over the airspace and some decision-making processes, in addition to its financial influence through the Federal Reserve.”

He added that “the condition of appointing a Kurdish foreign minister close to the American administration represents interference in the distribution of internal positions, and confirms the existence of a clear American project in Iraq,” calling for the need to preserve the independence of national decision-making.

Al-Jubouri stressed that “Iraq needs a sovereign and independent decision, free from external pressures, and that the current stage requires a national stance that strengthens the independence of the political decision.”

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AL-SHAMMARI: ATTEMPTS TO BRING BACK CERTAIN FIGURES WILL NOT SUCCEED, AND THE CURRENT STAGE REQUIRES NEW FACES. 

MP Mohammed Al-Shammari affirmed on Tuesday that any attempts to rearrange the political landscape in order to impose certain figures back on the forefront will not succeed, pointing to the need to move beyond the names that consumed the previous phase and caused a decline in public trust.

Al-Shammari told Al-Maalouma News Agency that “attempts to rearrange political alliances to bring some figures back to the forefront will not succeed unless they are based on a real project that serves the Sunni and Iraqi public in general,” indicating that “the public no longer accepts repeating experiences that have only resulted in political crises.”

He added that “the next stage needs new faces capable of overcoming the disputes and crises that have weakened citizens’ confidence in the political process,” noting that “the insistence on recycling some controversial names represents an obstacle to the stability of legislative and executive entitlements.”

It is worth noting that the political arena is witnessing intense activity by some dismissed and former leaders attempting to regain their influence through political pressure or coalition maneuvering. This is being met with rejection from political and parliamentary forces that insist on changing the approach of unilateral leadership.

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IRANIAN FOREIGN MINISTRY: WE POSSESS A TREMENDOUS CAPACITY FOR MILITARY SURPRISE AND WILL NOT SURRENDER TO AMERICAN DEMANDS.

The Iranian Foreign Ministry confirmed on Wednesday that Iran possesses a tremendous capacity for surprise in the military field, stressing that Tehran will not surrender to the extreme and unfair American demands.

Foreign Ministry spokesman Ismail Baghaei said in a press statement that “the blockade is an act of war,” noting that “Iran has exercised maximum restraint so far” in the face of the pressures it is under. He added that “Iran and the Sultanate of Oman are the guarantors of safe passage through the Strait of Hormuz,” explaining that “Iran’s actions in the Strait of Hormuz are not merely (pressure cards) for bargaining.”

The Foreign Ministry spokesman stated that “Iran’s focus at this stage of the negotiations is on ending the war,” while warning that “anyone who dares to set foot on Iranian soil will deeply regret it.”

(Mnt Goat: Again, this news only shows the Iranian arrogance and stubbornness. These terrorists just don’t want to let go. The only way is with force. What do the prophets tell us will ultimately happen?)

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

a

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:

May 7, 2026 Mnt Goat News Brief

Guten Tag everyone:

The RV saga continues with the election cycle. The U.S. ramps up pressure to dissolve the Iranian backed factions residing in Iraq. The new designate prime minister is asked to separate the factions from the government and cut off all funding to them. Let’s wait and see how all this turns out.

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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Psalm 37:4

Delight yourself in the Lord;
And He will give you the desires of your heart

STATUS OF THE RV

So, the election saga continues. Yes, it is not over until the proverbial fat lady sings…lol… lol… Let’s all find out why I am saying this today.

I want to remind everyone once again that this item of the armed factions in Iraq is on the list of the top five issues that Iraq must deal with prior to the reinstatement and permission from the US to do it. It is not going to just go away. Iraq will have to find a way to deal with these factions in this new government or the U.S. will not support it. What does non-support look like?

It might even mean much more severe sanctions for Iraq than already just witnessed as the U.S. cut off the monthly aid to Iraq in their dollars. It has since resumed but it can be cut off again and this time dollars not just from monthly aid package but from their DFI funds in NYC to pay their bills. These types of sanctions could be disastrous. If the Iraq politicians take a hard look at what happened in Venezuela, sanctions in Cuba and in dealing with Iran, they would take notice of Trump’s threats and that they are real. What is it with these Arab people don’t understand. Why are they so slow blind to understanding who really is in control? If they really want control they will have to learn to be responsible countries in the world and stop this terrorism stuff. If the U.S. does not police this global violence who will? We certainly don’t see any other country stepping up to the challenge. Heck, they won’t even support the US in its efforts with Iran.

MEMORIES ARE NOT SO SHORT:

The U.S. does not forget the oil embargo in the 1970’s and so this invasion of 2003 (as well this recent Iranian conflict) is all about control, control and control. Trying to make peace but not through passivity. Get it? The U.S. does not forget and will never go back to this nonsense of an oil embargo on the U.S. They want an embargo and so the U.S. is giving them one, but this time the tables are turned. The U.S. is too great of a military power to allow some Arab countries to boss it around. We are now still seeing the repercussions of this 70’s oil embargo and let’s not forget about the Iranian hostage situation either.

I want everyone to remember what I am going to tell you today and please keep it in your mind when you go off half-cocked thinking there is going to be an RV this weekend or before this issue is settled.

NBC News recently quoted a State Department official as saying that there is currently a “blurred” line between Iraqi state” and the armed factions,” he urged Iraqi government, the new one that is expected to form prime minister the assigned Ali Al-Zaidi”, to sever its ties” with those groups.”

Now here is the important part -à The official called on the government of Iraq “the next step is to issue a clear statement stating that the militias are not part of it,” stressing that American facilities in Iraq were subjected to more than 600 attacks during the military conflict that the region witnessed from the end of February until the ceasefire came into effect on April 8.

Okay so here it is again, the U.S. is being VERY straight forward once again to Iraq about these factions. It should be obvious to everyone that with these attacks on the US facilities is why President Trump has laid down the RED line.

If we read many of the recent articles on this subject matter we also see the same theme. Do you really believe the U.S. under Trump secretary Bessent of the Treasury Department is going to sign off on a reinstatement of the dinar under these current conditions? Here three other articles and so this is a HOT topic in the news in Iraq. They are titled:

😊 “REPOSITIONING OF FACTIONS IN IRAQ… HANDING OVER WEAPONS IS THE GATEWAY TO PARTICIPATION IN AL-ZAYDI’S GOVERNMENT”

Iraq is witnessing a significant political and security development: several armed factions have announced their intention to hand over their weapons to the Popular Mobilization Forces (PMF) in the near future. This move is interpreted as a political repositioning in preparation for participation in the anticipated Iraqi government headed by Ali al-Zaidi .
 
The sources added that “this move coincides with escalating international pressure, led by the United States , which has intensified its messages to Iraqi political leaders in recent weeks, warning against the inclusion of any armed faction in the upcoming government.”

It indicates that “ Washington informed the Iraqi leadership, as well as the prime minister-designate, that the participation of any armed faction in the government would negatively affect bilateral relations, with the possibility of taking political, economic and security measures, especially in the areas of financial and security cooperation.”

😊 “MP: AMERICANS HAVE BEGUN SCRUTINIZING THE NAMES OF AL-ZAYDI’S CABINET MINISTERS, AND TRUMP MAY CHANGE HIS STANCE.”

MP Zahraa Luqman, from the Badr Organization, expressed her concerns about the change in US President Donald Trump’s stance towards Prime Minister-designate Ali al-Zaidi, stressing that the US administration has already begun scrutinizing the names of candidates for the upcoming cabinet.

She added that there is “accurate information” indicating that the American side has actually begun reviewing the names of the proposed ministers, through a figure who presents the names to the Americans to obtain their approval, as she put it.

😊 “EXPERTS: “SECURITY GUARANTEES” ARE A PREREQUISITE FOR THE RETURN OF INTERNATIONAL COMPANIES AND MISSIONS TO IRAQ”

This article could not articulate any better why Trump wants these militia and factions out of Iraq. Do you see it now? Do you see why this issue of the PMF is of high priority and on the CBI list of the top five issue prior to any Reinstatement? Trump has a plan for Iraq and he cannot attract and/or convince investors to come into Iraq if these factions continue in Iraq. Can you blame them?  

I quote from the article: “Efforts to restore international activity in Iraq face significant challenges, with experts and specialists linking the return of foreign companies to certain conditions. Diplomatic missions should obtain tangible security guarantees.

These demands come in the wake of a wave of withdrawals following attacks by armed groups on the headquarters of those missions and companies. During a period of escalation that lasted forty days. Experts confirm that the departure of these companies caused serious damage to Iraq’s national income and foreign relations. It is worth noting that the crisis worsened after embassies and diplomatic centers were subjected to daily attacks by missiles and drones.

😊 “US SANCTIONS IRAQI DEPUTY OIL MINISTER FOR ALLEGEDLY DIVERTING FUNDS TO IRANIAN PROXIES”

RBIL, Kurdistan Region of Iraq – The US on Thursday announced new sanctions targeting Iraqi individuals and businesses allegedly exploiting the country’s oil sector to support Iran and its proxies, including the country’s deputy oil minister Ali Maarij al-Bahadly.

The sanctions target Bahadly for being “instrumental in facilitating the diversion of Iraqi oil products” to benefit Iran-affiliated oil smuggler Salim Ahmed Said and the Iran-aligned militia Asa’ib Ahl al-Haq (AAH), the Treasury Department’s Office of Foreign Assets Control (OFAC) said in a statement.

Remember that the OFAC sanctions are still in affect on Iraq as foreign entities can still not trade the Iraqi dinar on the currency exchanges. Can you see why these are still in affect?

Would you want to invest your billions of $$$ in Iraq under these conditions?

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WHAT ELSE IS IN THE NEWS?

😊 As the election saga continues, meanwhile the hands of reform progress continue in the Iraqi banking sector with the Unified Treasury concept being implemented in Iraq. See article titled “THE UNIFIED TREASURY RECOVERS TRILLIONS OF DINARS AND CLOSES THOUSANDS OF BANK ACCOUNTS.”

You might as what is the Unified Treasury concept as it appears this term has not been used much before in the news. So I thought I would explain it to everyone so when we hear it again we are aware of this effort. I will tell you that this effort is in line with the recommendations from the various international auditing groups that have come into Iraq to help them on the banking reforms. They are preparing Iraq for international banking.

The ‘Unified Treasury’ in Iraq refers to a centralized financial management system aimed at improving oversight and efficiency in public fund management.     

The Accounting Department of the Ministry of Finance is responsible for implementing Iraq’s federal general budget and managing state financial resources.  The unified treasury account system has been introduced to centralize public fund management, allowing for better monitoring of fund movements and reducing inactive balances. Recent reforms have focused on consolidating financial data and enhancing the electronic payment system, which is part of the unified treasury initiative. 

😊 I know, I know Iraq needs to expand its economy beyond the ‘rentier’ economy of solely based on oil revenues. But this does not mean they stop expanding their oil production either. The more oil the more revenues still. Think of it this way… just as an example, if the US generated a large chunk of its GDP from the auto industry and sold cars to the world, why would it devalue the dollar just because it was generating huge sums from one industry. Folks this is exactly what they have done to Iraq and have done it intentionally to control Iraq. Just substitute auto industry for oil industry. Get it? There is no other reason. Oh sure… we can justify the large three zero notes to prevent a crash of their economy due to war and hyperinflation. But folks, the war has been over for twenty-three (23) years already. Iraq has been fully out of Chapter VII sanctions already for four years (4) and inflation is very low in Iraq. The fact now is that by preventing the trading of the dinar from OFAC sanctions still they are preventing the kind of growth necessary for Iraq to really take off. But why are they still holding back the dinar?

I think that if each and everyone of my readers of the blog really sit down and think about what is happening in Iran and with these proxy factions in Iraq we can clearly see that holding back the dinar at this point in time could actually be a very good thing for Iraq. So it is all about Iran and terrorism isn’t it! So, it is not really about getting off the ‘rentier’ economy although this would be a VERY GOOD thing for Iraq to avoid crises. But Iraq is seemingly surviving this Iranian crisis very well. Why? A large part is because the US forced Iraq to get off these dependencies on Iran such as for electricity and natural gas. Iraq is now also moving towards exiting OPEC to which Saddam Hussien was the original founder of OPEC and so go figure.

😊 In an article today titled “OIL DISCOVERED IN IRAQ WITH HUGE RESERVES NEAR THE SAUDI BORDER” we learn of yet another oil reserve discovery….holly molly! 😊 An oil discovery has been announced in Iraq with reserves approaching 9 billion barrels, according to details obtained by the specialized energy platform, issued from Washington. Folks, that’s billion not million. The US consumes about 8.5 billion barrels a year. So this could power the entire U.S. economy for a year.

The announcement of the oil discovery within the “ Qarnayn ” area came during Oil Minister Hayyan Abdul Ghani’s reception on Wednesday, May 6, of a delegation from the Chinese company Zhenhua, in a move that supports Baghdad’s strategy to raise its production capacity to 6 million barrels per day by 2029.

Just remember my analogy with the auto industry to the oil industry. Why would you penalize Iraq for generating all this wealth from oil by telling them they needed to ‘diversify’ their economy first before trading their currency again? It simply does not make any sense and so our common sense should tell us it’s not all about the economy but instead all about Iran and terrorism.

Also remember that way back in 2012-2013 Dr Shabibi already obtained sign offs from all required countries and the IMF to move ahead with the reinstatement as this was before this Iranian stuff got out of hand. But this was also the beginning of the obvious outright push of the Iranian stronghold on Iraq as it was the Iranian-backed prime minister Nouri al-Maliki who stopped the RV/Reinstatement back then, remember? This was the beginning of the end. So why in hell would any insane person want Maliki back in as prime minister? They wanted him back in because they are desperate. Who is “they”. They are the Iranian backed politicians, this group that calls themselves the Coordination Framework, the so-called majority block, which is a joke in itself. Folks, this all must change for the next election and they have less than four years to do it. Will we have to wait four years then for the RV?

Waiting four more years all depends on what the new U.S. president Trump can do to create peace in the middle east. To create peace he will have to deal with these terrorist organizations somehow. To deal with them means cutting off access to $$$. To me it also means working with Russia, China, Britian and the US arms industries to stop all arms deals to these countries. Yes, these developed countries must now unite together to fight terrorism as its roots. Terrorists organizations can’t fight unless they have weapons and ammo for them. They depend upon the greed of these politicians to supply them with their bombs and weapons of destruction. So, if the real effort is actually to  make the world a better world terrorist free we must look into our own countries and see how we are actually supporting it.

The U.S. too is very guilty of supporting these terrorist organizations. Surprise, surprise! If you have been following the current news channels you have heard about all this corruption of stealing billions from the American tax payers. Why would anyone want too stop this effort i.e. democrats? Most of this money is ending up in the hands of terrorists organizations. Could this also be why president Trump is cleaning up all this waste and abuse of funding? Maybe he didn’t know it at first and is just as surprised as most Americans where in finding out where all this money was going. All you need to do is look at just one case of fraud into the U.S. AID packages and where this money was going. It was a ponzi scheme in that good hearted Americans thought they were helping the rest of the world and weren’t.  If you read about these programs being funded you quickly see they are just fictitious reasons to get the money out of the US Treasury to them. Get it? The programs are so liberal and obnoxious that they make you puke. There has been absolutely no auditing done to ensure this funding actually ever even goes towards any of these programs, no matter how good  or ill-intended they are. It all eventually gets funneled off to terrorists organizations, while the middle man makes millions in helping it all work.  

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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. 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

“A Great Shaking Is Coming To The Party Of The Red”

Go to the 16:54 mark in video for the prophecy. From April 25^th.

“Long Awaited Arrests Are Coming “

Go to the 14:27 mark to watch the prophecy. From  May 1^st.

• China’s control in the U.S. will be destroyed
• The IRS will be exposed for what it really is.
• Someone in the Senate is about to be arrested for a ‘shocking’ reason.
• Elizabeth Warren will be removed from the Senate. Her days of cheating the American people are over.
• Nothing the deep state will do will stop the arrests that are coming.
• Crooked judges both Federal and Civil will be removed from their benches.
• A U.S. Supreme Court judge will suddenly resign.

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.  

TIME FOR THIS TO BE UNLEASHED ON IRAN, ENOUGH IS ENOUGH

COULD REP. JAYAPAL GUILTY OF TREASON?

“She CONFESSED to Assisting Cuba AGAINST the U.S. embargo” – Calls to ARREST Rep. Jayapal for Helping Cuba. Who the hell do these representatives think they are? It is unbelievable what this democratic party has come to.

Jayapal is an ultra-leftist liberal who has been an obstructionist all a long for anything that makes common sense for the American people and can actually help America’s economy grow. She believes in very high taxes, this Robin Hood stuff of taking from the rich and giving to the poor. Yes, from your pocket to theirs, because most of it never even gets to the programs intended for the poor anyhow and we have seen this time and time again with all these recent corruption scandals now being exposed. This could be her big scandal too but I think there is much more to her corruption only it has not yet surfaced fully. The sopt light has now been turned on to her and so let’s see what she is really up to and why. Is she even on the side of America or on the side of social communists. She has the AOC syndrome, it’s call ‘ignorance’. Does she even know how blockages work and the power of the president to impose them?

EXPLOSIVE LEGAL CONCERNS OVER DEM’S REMARKS ON CUBA BLOCKADE

US PUSHES AGGRESSIVE PLAN TO DOMINATE A NEW GLOBAL FINANCIAL SYSTEM

Here we go again….

DEEPER CASE UNFOLDING AGAINST COMEY

Much more than sea shells at the sea shore…. Is this now a case of TREASON for the former FBI director? Remember he was the FBI director who gave Hillary Clinton a pass on her corruption.

Go to the 3:03 minute mark on the video.

Here we go again….

“This story is breaking WIDE open:

OBAMA ORDERED OTHERS TO MANIPULATE INTELLIGENCE FOR POLITICAL GAIN”

Yes, the story broke wide open but…. Nothing happened? They can try to impeach Trump when he is out of office but they can’t touch Obama when he is out of office?

Remember that this was from a news broadcast from 9 months ago. What charges have yet to come from this? Has anybody, including Obama gone to jail over this? Is this also a conspiracy in itself not to take the evidence and let the hands of justice prevail? Who is holding this back? And NO Obama has not yet been arrested. That is all just click bait on the internet.

Here we go again….

“This story is breaking WIDE open: (this was 8 years ago)

ADAM SCHIFF PROPAGATES FALSE ALLEGATIONS OF RUSSIAN COLLUSION”   

Then let’s move on to Adam (pencil neck) Schiff urged to ‘resign immediately’ after bombshell allegations REVEALED. But did he? Again this was 8 months ago. Has he been convicted of his crimes?

What will it take to finally bring these people to justice and hold them accountable?

Schiff repeatedly told the American public there was strong evidence of Russian Collusion by Trump. To this day there is no such evidence nor has he shown any,, but he kept telling us all it was coming. Really? In fact, the evidence since shows just the opposite as it was the democrats under Obama that made up all of these allegations.  

Americans want justice and for them to stop covering for each other when they commit a crime.

Here we go again….

HOW CAN ADAM SCHIFF DENY THIS WHEN WE HAVE IT ON TAPE?

Here we go again….

TOP GOP MEMBER CALLS FOR FED INVESTIGATION INTO OMAR

Rep. Ilhan Omar did not meet deadline of May 6^th in Minnesota fraud probe. Ilhan Omar refusing to turn over documents related to the Feeding Our Future Minnesota fraud within the Somali community. Will the US House or DOJ subpoena her next to answer to allegations of corruption?

Seems we be going to add Ihan Omar to our list of corrupt politicians who get away with no accountability for their actions? Who’s is going to be protected next?

ARE YOU SICK AND TIRED OF ALL THE CORRUPTION YET?

BUT WAIT THERE IS MUCH MORE TO COME……

WHO THE HELL IS ILHAN OMAR ANYHOW?

I mean let’s dig deep before she came to the U.S.

ILHAN OMAR’S RISE, MARRIAGES AND THE MILLIONS NO ONE CAN EXPLAIN

WHAT HAPPENS IF ILHAN OMAR GETS CAUGHT?

ILHAN OMAR’S IDENTITY… SOMETHING DOESN’T ADD UP

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.

Nothing new to report today. Please see the blog section on the other great news on this subject matter here LINK.

WASHINGTON SENDS A NEW MESSAGE TO THE NEXT IRAQI GOVERNMENT

 
The US government sent a new message today, Friday, to Iraqi government, the next one, while reiterating its rejection of the involvement of armed factions in the next Iraqi government.

NBC News quoted a State Department official as saying that there is currently a “blurred” line between Iraqi state” and the armed factions,” he urged Iraqi government, the new one that is expected to form prime minister the assigned Ali Al-Zaidi” to sever its ties” with those groups.”

The official called on the government of Iraq to take the next step is to issue a clear statement stating that the militias are not part of it,” stressing that “American facilities in Iraq were subjected to more than 600 attacks during the military conflict that the region witnessed from the end of February until the ceasefire came into effect on April 8.”

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REPOSITIONING OF FACTIONS IN IRAQ… HANDING OVER WEAPONS IS THE GATEWAY TO PARTICIPATION IN AL-ZAYDI’S GOVERNMENT

Iraq is witnessing a significant political and security development: several armed factions have announced their intention to hand over their weapons to the Popular Mobilization Forces (PMF) in the near future. This move is interpreted as a political repositioning in preparation for participation in the anticipated Iraqi government headed by Ali al-Zaidi .

Informed Iraqi sources confirmed to Al-Nahar that “the factions’ move, spearheaded by Asa’ib Ahl al-Haq led by Qais al-Khazali, Kata’ib al-Imam Ali led by Shibl al-Zaidi, and Ansar Allah al-Awfiya led by Haider al-Gharazi, comes within the framework of their efforts to solidify their presence in the political arena and prepare themselves for joining the new government.”

The sources added that “this move coincides with escalating international pressure, led by the United States , which has intensified its messages to Iraqi political leaders in recent weeks, warning against the inclusion of any armed faction in the upcoming government.”

It indicates that “ Washington informed the Iraqi leadership, as well as the prime minister-designate, that the participation of any armed faction in the government would negatively affect bilateral relations, with the possibility of taking political, economic and security measures, especially in the areas of financial and security cooperation.”

Observers believe that the announcement by some factions of their readiness to hand over their weapons to the Popular Mobilization Forces (PMF) may be interpreted in Washington as a superficial step aimed at repositioning, not dismantling the military structure. These reorganizations may also be used as a means to absorb international pressure without fundamentally altering the nature of armed influence.

Strategic affairs expert Abbas al-Jubouri told Al-Nahar, “Handing over weapons to the PMF may not be seen internationally as a genuine step towards ending the presence of weapons outside the state’s control, but rather as a measure within the context of political and organizational repositioning.”

He added, “The American assessment depends on the extent of actual change in the factions’ military decision-making structure, not on political pronouncements. Any step that is not accompanied by a genuine dismantling of the armed structure and full integration into official institutions will be considered an attempt to absorb pressure.”

Testing the seriousness of integration and weapons control

Al-Jubouri warns that “reorganizing Iraqi factions under an official umbrella without changing the nature of the leadership or the sources of decision-making could entrench the duality of armed groups within the state, raising international concerns about security stability in Iraq.”

He points out that “continuing this approach could expose the next government to increasing political and economic pressures and could negatively impact the level of security cooperation and international support, thus necessitating the adoption of a clear path that ensures the state effectively monopolizes weapons.”

Conversely, analysts believe that the success of this path in modifying the international stance remains contingent on the transparency of its implementation and the extent of genuine integration within the security apparatus, free from the duality of decision-making and armed groups. Experts also emphasize that any real transformation requires broad internal consensus and direct dialogue with international parties, given the complexities of the Iraqi landscape and the intertwining of security and political issues.

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EXPERTS: “SECURITY GUARANTEES” ARE A PREREQUISITE FOR THE RETURN OF INTERNATIONAL COMPANIES AND MISSIONS TO IRAQ

(Mnt Goat: This article could not articulate any better why Trump wants these militia and factions out of Iraq. Do you see it now? Do you see why this issue of the PMF is of high priority and on the CBI list of the top five issue prior to any Reinstatement? )

Efforts to restore international activity in Iraq face significant challenges, with experts and specialists linking the return of foreign companies to certain conditions.

Diplomatic missions should obtain tangible security guarantees.

These demands come in the wake of a wave of withdrawals following attacks by armed groups on the headquarters of those missions and companies. During a period of escalation that lasted forty days. Experts confirm that the departure of these companies caused serious damage to Iraq’s national income and foreign relations.

This necessitates opening direct government communication channels to provide the necessary assurances for her return. In the same vein, The responsibility lies with the government to rebuild investor confidence. It is worth noting that the crisis worsened after embassies and diplomatic centers were subjected to daily attacks by missiles and drones.

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THE DOLLAR EXCHANGE RATE AND THE COMPLEX EQUATION BETWEEN BUDGET SUPPORT AND RISING INFLATION

The dollar exchange rate represents a dual-impact economic tool, as it contributes to improving the trade balance by boosting exports, but at the same time it fuels inflation and raises the cost of imports, which puts decision-makers before a delicate equation between financial stability and social stability.

Economic expert Salah Nouri confirmed on Wednesday that governments resort to raising the exchange rate of the dollar against the local currency to cover the financial deficit, especially during times of chronic financial crises.

Nouri said that this step has both advantages and disadvantages, explaining that one of its most prominent advantages is providing liquidity to the government that contributes to bridging the deficit, as well as making local exports cheaper for importing countries, which enhances competitiveness and supports the trade balance.

He added that one of the most significant drawbacks is the high inflation rates and the increased prices of imported goods, which directly impacts the poor and low-income groups, especially in the absence of government measures to alleviate the burdens of inflation.

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THE UNIFIED TREASURY RECOVERS TRILLIONS OF DINARS AND CLOSES THOUSANDS OF BANK ACCOUNTS.

The unified treasury recovers trillions of dinars and makes tangible progress in controlling government accounts, as the Ministry of Finance announced the closure of 3,743 bank accounts and the recovery of billions of dinars from inactive accounts.

The Ministry of Finance announced on Wednesday that more than 3 trillion dinars and 333 million dollars have been returned to the public treasury account since the implementation of the unified treasury account.

A report from the Accounting Department at the Ministry of Finance stated that “the number of zero accounts that were closed in accordance with Cabinet decisions was (3743) bank accounts,” indicating that “the total amount recovered during the implementation of Decision No. (23581 of the year (2023) on inactive accounts that had been inactive for more than 5 years was 159 billion, 560 million, 226 thousand, 325 dinars, and in dollars 133 million, 866 thousand, 180 dollars.”

He added that “the amounts recovered from the dormant accounts of the public treasury amounted to 26 billion, 348 million, 90 thousand and 17 dinars, and in dollars 198 million, 304 thousand and 312 dollars,” noting that “the recommendations regarding the non-moving accounts belonging to the departments affiliated with the Ministry of Finance have been completed, as the total amount recovered for the public treasury amounted to (149220725960) dinars.”

The report explained that “the total amount recovered from the remaining balance of the unified treasury account for salaries for the year 2024, which is withdrawn monthly, amounted to large sums in dinars of 726990927864 dinars and in dollars of $458928, while other amounts were recorded relating to the remaining salaries for the year 2025 amounted to 299601275444 dinars and in dollars of $495790.”

Remaining operating expenses

He noted that “pending the end of the fiscal year on 12/31/2023, banks were instructed to withdraw the remaining operating expenses, and the total amounts withdrawn according to the unified treasury account amounted to large sums in dinars.”

The report indicated that “during the year 2025, banks began withdrawing amounts from the (old) operating expenses accounts into the unified treasury account, amounting to 293819265860 dinars.”

As part of organizing the work, after the end of the fiscal year on 12/31/2025, the cash liquidity for the operating accounts was withdrawn, while continuing to adopt the previous work mechanism to ensure the accuracy of matching between bank statements and central records.

The report confirmed that “the total amount recovered for the public treasury during the implementation of Resolution No. (24913) of 2024, related to central accounts that have not been active for more than five years, amounted to 34071023130 dinars and $9481.”

In a related context, the report explained “the implementation of the paragraph regarding the transfer of bank account balances for centrally funded entities that have not been held for five years, where an account was opened with the bank in the name of the Ministry of Finance/Accounting Department, and the necessary procedures were completed in coordination with the banks,” noting that “the number of accounts is 121 with an amount of 48958677591496 dinars and in dollars 1644977 dollars.”

Implementing the unified treasury system

She also noted “the continuation of work on implementing the unified treasury system, with advanced steps taken to address inactive accounts, where data was collected, audited and submitted to higher authorities to make the necessary decisions regarding them,” pointing out “the completion of control and oversight procedures for bank accounts, by contacting government agencies to provide a comprehensive database of the accounts they have open, whether paper or electronic.”

He stated that “in implementation of paragraph (Second 3 (a) – (b) of Resolution 24913 of 2024, which included transferring the balances of bank accounts of self-financing entities that have been more than (5) years old and those that have not been (5) years old with banks to the account opened in the name of the Ministry of Finance / Accounting Department until the committees complete the work regarding their recommendations, and in light of that, our letter No. (49) was issued on 1/5/2025 to inform the banks to take the necessary action.”

The report confirmed “the follow-up and monitoring of balances that were transferred in accordance with Cabinet Resolution (24913) of 2024 to our accounts opened at the main branch of each bank that has inactive accounts. Our circular No. (24089 on 2025/8/25) was issued to provide us with a statement for each account.”

He explained that “with regard to the recommendations that were provided to us by the committees in the ministries and non-ministerial entities formed according to Resolution 23452 of 2023, paragraph (3) thereof, a unified database of accounts was prepared for the purpose of sorting and settling those accounts and sending them to the banks according to our circular No. (12477) dated 5/11/2025 for auditing and matching the inactive bank accounts belonging to the spending units and stating any observations on them. After the issuance of Cabinet Resolution No. (373) of 2025, which included the formation of a committee, Diwani Order No. (46) was issued regarding settling the issue of inactive accounts, whereby a committee was formed headed by the Financial Control Bureau and with the membership of the Accounting Department and the Rafidain and Rasheed Banks, and all the documents were handed over to the committee member from the Ministry of Finance, according to the note of the respected Director General.”

Tightening control and oversight

He explained that “in order to tighten control and oversight of bank accounts at spending units, our circular No. (29016 on 10/30/2024) was issued, followed by circular No. (34325) on 12/23/2024, which included the creation of a unified treasury account division in the financial department of the headquarters of each ministry or entity not affiliated with a ministry or governorate, as well as for the general administrations of government banks, to create a database of bank accounts opened with them and to update it periodically.”

He pointed out that “bank account databases were received for the purpose of auditing and cross-referencing them from some of the Unified Treasury Account branches that were created in ministries, non-ministerial entities, and governorates, along with the bank account databases, after they were sent to the Unified Treasury Account branches in government banks.”

He emphasized, “Regarding the comprehensive banking system and to demonstrate the extent of its application in government banks and their branches that have joined, and the number of unified treasury bank accounts in each branch, statistics have been prepared for the purpose of preparing this memorandum.”

He pointed out that “in order to complete the monitoring of the movement and balances of bank accounts at bank branches and to access fast and reliable information, an electronic platform was created between government banks and this division according to pre-planned stages, including:

The first stage includes the accounts for the unified treasury (salaries/operating expenses) according to the Excel model that we have prepared, which includes all the information that we see as necessary in the work of the unified treasury account, according to our circular (14192 on 2025/5/25).

The second phase is subject to the successful implementation of the first phase. Our letter No. (18309 on 7/8/2025) was issued, which includes directing government banks to upload government (current) accounts via the platform.

The third phase, after the successful completion of the second phase, will involve unifying the platforms after selecting the most suitable platform that best meets the work requirements. A ministerial order was issued to form the technical team, which was tasked with unifying the platforms according to a modern work mechanism, and it contributes to implementing the steps of the unified treasury account. Successive meetings have been held, and we are now in the semi-final stages of implementing the third phase.

development process

The fourth (targeted) stage is a developmental process that can be updated in the field of platforms or by adding any new work mechanism that is implemented according to the requirements of the work.

He continued, “Based on the request of the Investment Plan Department to provide them with the Investment Plan accounts to compare them with the accounts they have,
our circular No. 31769 dated 11/2/2025 was prepared and directed to the banks to provide us with the accounts that they printed (my investment).”

He pointed out that “in order to resolve the non-active accounts and move towards advanced steps in the unified treasury account, and due to the existence of non-active accounts that appeared at the bank branches, our circular No. (26169 on 9/15/2025) and its successor (29404 on 10/12/2025) was issued to provide us with the non-active accounts. The data received by us was collected and verified, and it was submitted to the General Secretariat of the Council of Ministers/Office of the Secretary-General by virtue of letter No. (8558 on 4/13/2026) for the purpose of presenting it at the Council of Ministers session to issue a decision regarding it.”

The report concluded that “the total amount returned to the public treasury account since the implementation of the unified treasury account until the date of preparation of the report amounted to (3683869713303) dinars and (333134691) dollars only, while the number of zero bank accounts that were cancelled amounted to (3743) bank accounts.”

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OIL DISCOVERED IN IRAQ WITH HUGE RESERVES NEAR THE SAUDI BORDER

An oil discovery has been announced in Iraq with reserves approaching 9 billion barrels, according to details obtained by the specialized energy platform, issued from Washington.

The announcement of the oil discovery within the “ Qarnayn ” area came during Oil Minister Hayyan Abdul Ghani’s reception on Wednesday, May 6, of a delegation from the Chinese company Zhenhua, in a move that supports Baghdad’s strategy to raise its production capacity to 6 million barrels per day by 2029.

During the meeting, developments in the work in the “Al-Qarnayn” exploration area, along with the East Baghdad South field, were discussed, in the presence of the Director General of the Central Oil Company, Muhammad Yassin.

The Minister of Oil confirmed the discovery of oil in Iraq in the Al-Qarnayn block, which was referred to the Chinese company as part of the fifth supplementary and sixth licensing rounds during 2024.

Abdulghani stressed the importance of accelerating the pace of work to achieve the goals of oil projects, in order to ensure the sustainability of crude oil production and maximize the benefit from associated gas.

Two Horns Field

The Al-Qarnayn field is the first exploration block to record an oil discovery within the blocks offered in the fifth supplementary and sixth rounds, demonstrating the great potential of undeveloped areas in Iraq, especially in border areas.

An oil discovery was made in Iraq in the Shams-11 exploratory well, which began drilling on January 10, 2026. On February 24, 2026, hydrocarbon reservoirs were reached with estimated reserves of approximately 8.8351 billion barrels.

The new oil discovery in Iraq is located within the (MUS) formation at depths ranging between 1916 and 1965 meters, with an initial production rate of approximately 3248 barrels per day.

The oil discovered in the Al-Qarnayn area is classified as light oil, which enhances its economic viability and ease of development.

Oil discovery site in Iraq

The Al-Qarnayn area is located in the southwest of the country within the borders of Najaf Governorate, along the Iraqi-Saudi border, and is considered one of the promising exploration areas, as it extends over an area estimated at about 8773 square kilometers.

The large geographical extent reflects additional opportunities for the existence of other potential reserves, opening the way for further exploration operations during the next phase.

The oil exploration, development and production contract for the block was signed on October 17, 2024 between the Middle Oil Company and North Petroleum International, wholly owned by the Chinese company Zhenhua, as part of the oil licensing rounds.

The contract came into effect on November 18, 2024, before operations were subsequently transferred to Qurnain Petroleum Limited, which took over management of the block starting from May 17, 2025, as the new operator of the project.

During the meeting, Zenhua reviewed the ongoing work stages, both in the Al-Qarnain area through the operating company, and in the East Baghdad South field, where EBS is working to increase production rates.

The company proposed the idea of ​​rapid investment in the exploration block, which would contribute to accelerating the conversion of discoveries into actual production, and maximizing economic returns in the shortest possible time.

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US SANCTIONS IRAQI DEPUTY OIL MINISTER FOR ALLEGEDLY DIVERTING FUNDS TO IRANIAN PROXIES

RBIL, Kurdistan Region of Iraq – The US on Thursday announced new sanctions targeting Iraqi individuals and businesses allegedly exploiting the country’s oil sector to support Iran and its proxies, including the country’s deputy oil minister Ali Maarij al-Bahadly.

The sanctions target Bahadly for being “instrumental in facilitating the diversion of Iraqi oil products” to benefit Iran-affiliated oil smuggler Salim Ahmed Said and the Iran-aligned militia Asa’ib Ahl al-Haq (AAH), the Treasury Department’s Office of Foreign Assets Control (OFAC) said in a statement.

AAH is a pro-Iran armed group that is part of the state-integrated Popular Mobilization Forces (PMF) and is designated as a terrorist organization by the US, having been responsible for numerous attacks on US diplomatic and military facilities.

“For years, Maarij has used his official positions—first as the head of the Iraqi parliament’s oil and gas committee, and then within the Iraq Ministry of Oil—to enrich Said, AAH, and by extension, Iran,” the OFAC added.

The deputy briefly served as acting oil minister in 2024 when his superior, Hayyan Abdul-Ghani, required a medical procedure in the US. Bahadly at the time said that “all the administrative and financial powers granted to the minister” were bestowed upon him during the latter’s absence.

“Like a rogue gang, the Iranian regime is pillaging resources that rightfully belong to the Iraqi people,” said Secretary of the Treasury Scott Bessent. “Treasury will not stand idly by as Iran’s military exploits Iraqi oil to fund terrorism against the United States and our partners.” 

The sanctions, which come as part a large-scale US campaign dubbed Operation Economic Fury seeking to disrupt Iranian revenue sources, also target an economic official for AAH, Mustafa Hashim Lazim al-Behadili, who also owns a number of companies in the country’s oil sector.

“Following the US withdrawal from Iraq in 2011, al-Behadili played an important role in developing an oil trucking and security unit, allowing AAH to become a dominant actor in the Iraqi metals industry, as well as enabling AAH’s entrance into fuel oil theft, which focused on stolen or subsidized oil,” the OFAC said.

Last month, the US Treasury Department announced sanctions targeting seven pro-Iran Iraqi militia commanders “responsible for planning, directing, and executing attacks” against US personnel and interests in the country during the war with Iran, including Kataib Hezbollah, Kataib Sayyid al-Shuhada (KSS), Harakat al-Nujaba, and AAH.

A senior KSS official, Ahmed Khudair Maksus Maksus, is also targeted in the latest sanction package for allegedly arranging “the payment of millions of dollars to Hizbollah to facilitate the purchase of weapons, and coordinated logistics related to the transfer and delivery of the weapons with Hizbollah associates.”

Many of the militias mentioned are part of the Islamic Resistance in Iraq, a network of Iran-aligned Iraqi Shiite militias linked to Iran’s Revolutionary Guard Corps (IRGC).

The groups are also officially under the auspices of the Iraqi state via the PMF, which was formed by Shiite paramilitary groups in 2014 following a call from Grand Ayatollah Ali al-Sistani to mobilize against the Islamic State (ISIS). In 2016, the PMF was granted official status by the Iraqi government.

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AL-ZAYDI PRESENTS THE MINISTERIAL PROGRAM TO THE SPEAKER OF PARLIAMENT

Prime Minister-designate Ali Faleh al-Zaidi presented the new government’s ministerial program to Speaker of Parliament Hebat Hamad al-Halbousi on Thursday (May 7, 2026), while both sides stressed the importance of cooperation to complete the process of granting confidence to the government.

The media office of the Prime Minister stated in a statement received by “Baghdad Today” that “Prime Minister-designate Ali Falih al-Zaidi presented the ministerial program of the new government to the Speaker of Parliament, Hebat Hamad al-Halbousi, during a meeting that brought them together today, Thursday.”

The statement added that “the ministerial program will be circulated to members of the House of Representatives for them to study and review its details, and the names of the government formation will be submitted at a later time.”

According to the statement, both sides emphasized “the importance of joint cooperation and coordination to proceed with completing the entitlement to grant confidence to the government and its ministerial program as the basic pillar upon which the government builds its work and duties, based on constitutional and legal contexts.”

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a

THE GOVERNMENT’S FEATURES ARE TAKING SHAPE, AND THE PROGRAM IS NOW IN THE HANDS OF PARLIAMENT.

As the political scene approaches a crucial moment, dialogues between political blocs are accelerating to finalize the formation of the new government, amid growing expectations that the cabinet will be announced and voted on next Monday, according to political data circulating within parliament.

These developments come amid advanced political understandings between the main parties, which have given the prime minister-designate ample room to choose his ministerial team, in parallel with the continuation of talks on the distribution of portfolios and the establishment of political entitlements for the various components, which makes the birth of the government dependent on precise agreements that have not yet been definitively settled.

In a related context, parliamentary data indicates that the government program has reached, or is about to reach, the House of Representatives, in preparation for its discussion and approval within the constitutional process related to passing the cabinet.

As the decision nears, the political debate is shifting towards the nature of the government program rather than the names, as a number of MPs are demanding a move away from quotas and the adoption of standards of competence, integrity and transparency in the selection of ministers, while enhancing transparency by publishing their biographies to the public.

In this context, MPs confirm that the features of the government have begun to gradually take shape, despite the continued disagreements over some portfolios and the mechanisms for distribution among the blocs.

Political.

Parliamentary initiatives have also emerged concerning the regulation of the relationship between the executive position and electoral entitlement, through a proposal that obliges ministers not to run in the upcoming elections, and prevents their first-degree relatives from running, in addition to including holders of special grades and undersecretaries of ministries, with the aim of limiting the exploitation of government influence in election campaigns, with the intention of including this in the election law later.

In parallel, interest in the security file is escalating as one of the top priorities of the next government, with calls for a comprehensive reform of the security and military system and an update of the combat doctrine in line with regional and international changes. 

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MP: AMERICANS HAVE BEGUN SCRUTINIZING THE NAMES OF AL-ZAYDI’S CABINET MINISTERS, AND TRUMP MAY CHANGE HIS STANCE.

MP Zahraa Luqman, from the Badr Organization, expressed her concerns about the change in US President Donald Trump’s stance towards Prime Minister-designate Ali al-Zaidi, stressing that the US administration has already begun scrutinizing the names of candidates for the upcoming cabinet.

Luqman said during a televised interview followed by local media that Trump “could change his mind at any moment,” describing him as “a contradictory person,” and noting that her concerns relate to the way ministers were chosen after al-Zaidi was appointed.

The MP criticized the mechanism for selecting Al-Zidi’s coordinating framework, considering that he “does not have a clear electoral entitlement,” but at the same time she did not rule out his success, stressing that he is “a son of the market” and has economic experience that may help him manage some important files.

She added that there is “accurate information” indicating that the American side has actually begun reviewing the names of the proposed ministers, through a figure who presents the names to the Americans to obtain their approval, as she put it.

Luqman pointed out that Al-Zaydi might be able to bring about change in some service and economic ministries if he stays away from the policy of partisan favoritism, stressing that the Iraqi street is waiting for a government program different from previous governments.

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

                                             Just the FACTS!

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

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Mnt Goat