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:

November 18, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news as we head through mid-November already.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

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2 Corinthians 9:9

As it is written, “He scattered abroad, he gave to the poor, His righteousness endures forever.”

STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

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More news….

NEWSWEEK: THE SUDANESE MAN WHO WANTS TO MAKE IRAQ GREAT AGAIN

(Sound familiar?)

In an extensive report published by the American newspaper Newsweek, the spotlight was on Iraqi Prime Minister Mohammed Shia al-Sudani, describing him as “the man who wants to make Iraq great again,” in reference to his ambitious vision to revive Iraq’s historical and cultural role on the international stage.

The newspaper stated that al-Sudani, who assumed the premiership following a political crisis that ousted his predecessor in 2022, has transcended being merely a “temporary solution” to become a pivotal figure leading Iraq through a critical juncture in its history. It added that the upcoming elections, in which more than 7,700 candidates are vying for the position, could determine his political future and his chances of leading the country for a second term.

According to the newspaper, Al-Sudani envisions Iraq as a future global hub for trade, investment, and innovation, basing his vision on its vast natural resources, latent human potential, and rich cultural heritage spanning thousands of years. During his interview with the newspaper at his office in the Presidential Palace in Baghdad’s Green Zone, Al-Sudani pointed to the Code of Hammurabi, describing it as “the first law of humanity” and an example of Iraq’s contributions to humankind.

Al-Sudani said: “Iraq is a great country, a homeland of civilizations for 7,000 years… This greatness is in the genes of Iraqis, generation after generation, and it is the secret of their resilience in the face of challenges.”

The newspaper concludes its report by noting that the elections will not be just another vote, but a crucial moment that could reshape modern Iraq and give it the opportunity to regain its prestigious position in the world, under the leadership of a man who believes that his country deserves to be great again.

More news….

TALABANI CALLS FOR EXPEDITING THE ENACTMENT OF THE OIL AND GAS LAW.

On Monday in Erbil, Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, received a delegation from the US-Kurdistan Trade Council, headed by its president, David Tvorey. The two sides discussed a number of issues of common interest.

During the meeting, discussions focused on the mechanism for developing trade relations between the United States and the Kurdistan Region. With reference to the economic development process in the region, Qubad Talabani emphasized that “the Kurdistan Region desires that American companies have a larger and more influential role in this process, and expressed the readiness of the regional government to provide all forms of support and facilities in this regard.”

Another focus of the meeting was the oil and gas file, and the Deputy Prime Minister explained, “We are in favor of quickly passing the oil and gas law during the new session of the Iraqi Parliament, which will contribute to resolving the disputes between the region and Baghdad in accordance with the constitution and powers, and in a way that takes into account the special status of the Kurdistan Region.”

Talabani also stressed that “our priority is that the gas wealth should be used to serve the citizens and develop the industrial and economic infrastructure of the Kurdistan Region.”

(The Kurds have been the hold up all along in getting the law passed, now its parliament. But parliament does not yet have the bill from the cabinet plus they must now wait for the new session and the elections.)

STATUS OF THE RV

No! There is no RV or Reinstatement of the Iraqi dinar yet. There are NO newer smaller category notes issued or pictures even shown to anyone yet by the CBI and that includes the 10 and 50 categories. This is per my CBI contact.

Don’t let these intel gurus or internet idiots fool you with their hyped-up sites. They only want your clickity-clicks. We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and so let the FACTS speak for themselves.  

I have some good news for everyone today. On my Wednesday call to Iraq I was told that we should look for more directions from the CBI to the citizens on how to switch out their larger notes for the lower denominations. My CBI contact refused to give me an exact date as to when the switchout would occur but my common sense says it is VERY close as the CBI is going to publish the directions for the switchout. I was also told to watch for the Al-Sudani government and the completion of it. I was also reminded to watch for further information about the accession to the WTO, which I was reminded would be a signal to us. Did we just get this WTO signal?  

I want to remind everyone what I was told years ago about the deep state and its take- down prior to the reinstatement. If you recall I told you there is a reset coming but this reset is based on first taking down the corruption in the government, it’s financial system of both the U.S. and Iraq. This will lead the way to a “reset”. If you care to listen to the recent prophecies from Julie Green today you can hear that this is close at hand than most think. Julie brings out a biblical reading in Genesis 11 verse 6-9. We can compare what happened back thousands of years ago to today. We keep seeing biblical events happening as decribed in the bible, over and over again. It’s as if God is playing it out all over again from ancient times. Nothing really changes, does it? Of course we are in more modern times and so the events and technology used are somewhat different, but the concepts still heavily prevail upon it. These are amazing times, biblical times, but you have to pay attention to see it and understand it. This is the reset connection to the reinstatement we are waiting for. We can not disconnect with the rest of the world in trying to determine when this is going to happen. If you truly want a date and a rate then you have to get involved.  

Remember that we have a tendency to think how everything will work in our minds and this may or may not match exactly how it will occur. We get dissappointed because our way and our timing did not pan out. So, we must just relax and let it play out on its own.  

The Iraqi Election Cycle….

In today’s news we see the results of the 11/11 election in Iraq. The coalition of Iraqi Prime Minister Mohammed Shia al-Sudani achieved a major victory in the parliamentary elections held on Tuesday. Unlike in the last election of 2022 and the cleric Sadr win who had no desire to be the prime minister but won the majority, Al-Sudani wants to take a position of prime minister and again for another four years.

The Iraqi Federal Court, which has definitively now ended the parliamentary term and designated the current government as a caretaker administration. Iraq’s electoral commission, the Independent High Electoral Commission, released the final results and associated seat allocations from the November 11 Iraqi parliamentary elections on November 17. The Iraqi Federal Supreme Court must now ratify the results before the government formation process can formally begin.

The Shia Coordination Framework is debating whether to include Prime Minister Mohammad Shia al Sudani in the next Iraqi government, amid reports that Sudani may ally with Sunni and Kurdish political parties instead of Shia. I believe this change for Al-Sudani may come on the demand from the U.S. to rid Iraq of the Islamic Revolutionary Guards still remaining in Iraq post ISIS war.

JUST IN: As I write this Newsletter today, news just came in that Al-Sudani said seeking a second term “is not about personal ambition, but about fulfilling his responsibility to see through the mission“. During his first term Sudani had pursued policies vowing reconstruction and stability in Iraq.

In BAGHDAD News Today: Iraq’s incumbent Prime Minister Mohammed Shia Al-Sudani said Tuesday he had joined the country’s main Shiite alliance, the majority bloc that will nominate the next premier. The move by Sudani, who is seeking a second term as prime minister, gives the Coordination Framework alliance of Shiite factions an outright majority of 175 seats in the 329-seat chamber. The alliance will again decide the prime minister. Let’s pray this goes quick!

😊In the article titled “AL-HASHEMI: THE FORMATION OF THE GOVERNMENT WILL NOT BE DELAYED MUCH LONGER… AND THE NEXT STAGE IS A TEST OF THE ECONOMIC REALITY.” We learn that amid a complex regional situation and increasing economic and political pressures, Iraq held parliamentary elections described as the most sensitive since 2003, as they came at a stage in which the features of the region are being redrawn between the major decision-making capitals, and under the eyes of international observers who were watching to see if the Iraqi democratic experiment was able to withstand the accumulating crises. I do not believe for a second that the IMF, U.S. or the World Bank would ever release the reinstatement of the IQD without a stable Iraqi government in place. Remember Stability and Security is needed, this is just reality folks. I don’t control Iraq and you don’t control it. So yes, this election was very important and pivotal to Iraq and our reinstatement too.

When the article refers to economic reality this statement is all telling. The momentum of the last fours years must not stop. These fours years must culminate in a reinstatement and then move to the next stage, as they keep referring to a next stage. What  is this next state then? Do they want Iraq to fall apart after seeing such progress over the last four years by Al-Sudani or so they want to continue the economic reality and keep going strong, thus allowing him to continue for yet another four years? We know the Development Road Project is in the making and will be huge. This will bring more and more Customs and Tariff revenues, which could rival the oil. Just announced new oil wells soon coming online that can double the oil revenues. Oh… what about the exports that are said to now risen by 50% of total revenues. Can it get any better? Yes, it can and will.

Next, I want to remind everyone that the taboo of the Iranian influence on Iraq is not going to be tolerated. The U.S. has said many times that Iraq WILL NOT be a proxy country for Iraq. What does “proxy country” mean? We will learn what this means by reading the article below. I have outlined some of what it means for you to help.

Let’s now take a peek at the latest news  on this subject matter of Iran proxies in the article pertaining directly to the election cycle from the U.S. titled “A US REPORT REMINDS IRAQI POLITICIANS OF THE TABOOS IN FORMING THE NEW GOVERNMENT. A US report on Sunday reminded that the main challenge in Iraq is preventing it from falling into the crosshairs of President Donald Trump’s administration, should Iranian-backed parties be allowed to enter and pursue Tehran’s economic interests through them.

Here are many of the issues with this election and Iranian influence on it. I quote from the article: (This PMF issue really scares me)

• For this reason, the American report says, if “Washington sticks to this demand, the Shiites will have difficulty forming a government without al-Sudani .“

According to the report, Iranian-backed politicians sought to obtain important positions in previous governments in order to “strengthen their influence and access Iraq’s resources to enrich themselves, their militias, and Iran .”

• The report concluded by calling on the United States to define clear consequences to ensure that there is no place for “Tehran’s proxies” in the Iraqi government, adding that their presence in the government means “the Trump administration will have little chance of disarming the militias .”

• The report concluded that Washington must also convey to officials in Baghdad the message that negotiations to form a government should not include financial or economic gains for Iran or its partners as “compensation” for complying with the American embargo .

• According to the report, the Sudanese were assigned to the premiership in 2022, partly because of his willingness to establish a company affiliated with Iranian-backed militias to receive government contracts, referring to “Al-Muhandis Company,” noting that the United States, through the Treasury Department, has since imposed sanctions on this company .

He added that Washington must now use its influence to ensure that the negotiations do not lead to further economic agreements like these .

I bring you news like this to help you knowledgeable of what is really going on for Iraq in the background and not just some “hope-ium” from some so-called intel guru that is telling you about some every day / any day RV fantasy. Folks we must get ready for a disappointment too in that maybe these issues (remember the list of the five (5) main issues) that the US told Iraq must be resolved prior to any reinstatement. Will they be resolved in time for a January reinstatement? Already I would have thought that the project to delete the zeros and the swap out of the currencies would be implemented or at least in motion by now, but it is not. It is mid- November already.  Can they do it all in December?

A REALITY CHECK– Just because we get some amazing news from the CBI does not mean the U.S. is going to sign-off on the reinstatement so easily. The CBI must keep moving ahead regardless of other obstacles as there are many moving parts for Iraq to address. However, in the meanwhile to get to a January time frame, should everything else work out and it could very well work out at least the CBI will be ready.   

This is why the election is so important. Get it?

What else is in the news….

So, the rumors began from our recent news about removing the zeros. In today’s news we have two articles to clarify the CBI stance on the issue of a change in the rate of the dinar. I believe they are mainly talking about an “official” change in the rate change or not to bring about the project to remove the zeros. Remember that the CBI told us there would be NO CHANGE in the purchasing power of the dinar as result of this process of removing the zeros. As investors I tried desperately to explain what these statements meant and so today I want to clarify these two articles that just came out:

The first article is titled “A SOURCE CLARIFIES: THERE WILL BE NO CHANGE TO THE EXCHANGE RATE, AND THE CENTRAL BANK CONTINUES TO DEFEND IT”. It is from November 11, 2025. “A source clarifies – There will be no change to the exchange rate and the Central Bank continues to defend it. Some media outlets reported on a study suggesting a government plan to adjust the exchange rate in the future. However, it turned out that this plan, which was published in studies, did not originate from the central bank and dates back more than ten years.” This statement also confirms what the CBI told us that they do not plan to change the rate of the dinar one more time prior to removing the zeros. I know many of the so-called intel gurus keep telling you its going to be over a dollar when they conduct the project. This appears to be just rumors.

In the second article titled “THE CENTRAL BANK DENIES RUMORS OF A DINAR DEVALUATION.”  The Central Bank also denied on Tuesday (November 11, 2025) rumors of the dinar’s decline, “stressing that they were untrue and were not issued by any official body.” The bank’s media office stated in a statement that read “the Central Bank of Iraq denied the news circulating about the expected decrease in the value of the dinar to 4,000 dinars against the dollar, stressing that this information is incorrect and was not issued by any official body within the bank.” This of course was fantastic news.

The bank called on the media and citizens to rely only on official sources and to avoid being drawn into rumors aimed at creating financial panic in the market. Just so everyone knows the “official” rate of the Iraqi dinar is still 1320 not 1310 or any other rate you may have heard.

Let’s Talk WTO….

First, I want to remind everyone that my CBI contact just reminded me again on my call to Iraq over this past weekend of what she had said to me about the WTO. She said the information about the full accession process would be coming out just before the initiation of removing the zeros from the older notes and issuing the lower denominations. So, what did we just witness in the news? We just had a couple articles from the Iraqi news media on this subject matter. Is this the news she was talking about?

😊 Next, let’s take a peek at these articles. The first one is titled “STRENGTHENING IRAQ’S STEPS TOWARDS JOINING THE WORLD TRADE ORGANIZATION”

The official spokesman for the Ministry, Mohammed Hanoun, stated in a statement to “Al-Sabah” that joining the World Trade Organization, which Iraq had submitted a request to through the Ministry, represents a strategic step towards full integration into the global economy and reflects the country’s commitment to reforming the economic and trade system in accordance with international standards.”

Here’s the best part of this article and I quote – “He noted that joining the organization obliges the government to implement an economic reform program, in addition to strengthening trade policy and improving the business environment, as well as creating favorable conditions for foreign investment”.  What foreign investment? Do you really believe the dinar could even stay at 1320 for very much longer? They know it and we know it that the pressure is on the CBI to do something about it and do it soon.

NO! I did not say that there is a formal WTO requirement to have a tradable currency on FOREX. I did however say countries do need a currency and Iraq has one. So this argument of the reinstatement does not hold up. However, let’s get real here. Why would we be reading about removing the zeros, going to re-peg to a basket of currencies and all the new economic reforms for Iraq, if they were not going to do something drastic to bring back the dinar and bring it back to its glory days?

Remember what they told us in a recent article titled  “THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM”. Yes, the CBI wants a rate from the past and that is why they call it “historic reform” get it? So what was the rate from the past they are aiming at. Well…they even told us in the article. Go read it again. As they have not had this coming of a sizable rate in the last thirty plus years. They are even aiming higher than $3.22 post 1991.  

😊The second article about joining the WTO is titled “GOVERNMENT ADVISOR: AMENDING THE COMMERCIAL AGENCY LAW SUPPORTS IRAQ’S REQUIREMENTS FOR JOINING THE WORLD TRADE ORGANIZATION”. In the article we learn that the Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Sunday that “the Cabinet’s approval of the draft law amending the Commercial Agency Regulation Law would support Iraq’s accession to the World Trade Organization.” But why is this so important to the WTO?

I believe this is VERY IMPORTANT for two reasons. First this news is coming from Saleh and when he talks, I listen. Second, the WTO itself told us just about a year ago that they needed this amendment and that this was the last issue that was needed to drive to full accession for Iraq. WOW! WOW! WOW! So here it is…. Do you think that maybe the WTO gave Iraq the provisions to put into this amendment like they want all countries joining the WTO to adhere to certain criteria and have the laws in place. The WTO wants all members to be successful.  

Saleh told the Iraqi News Agency (INA): “The first amendment to the existing Commercial Agency Regulation Law represents an important legislative reform that enhances competitiveness, improves the quality of goods and services, and supports investment and integration into the global economy,” noting that “the amendment also contributes to building a more disciplined and equitable market, which will directly impact economic growth and consumer protection in Iraq.”

He added that “this amendment comes to address the gaps that appeared during the application of the law since 2017, whose main goal was and still is to promote and regulate commercial activity and improve the business environment in Iraq.”

I could go on and on repeating what is in the today’s article but I will sum it up in this statement and I quote from it – Saleh “he stated that “the amendment comes to support the state’s direction towards improving the investment environment and attracting global companies directly to the national market.”

Now tell me why would the WTO not want a tradable currency on the currency exchanges for Iraq prior to full accession or close to it’s timeframe?

If there was any negativity in this news about today it is about the fact that we just referenced two laws that will need to be passed in parliament, the Oil and Gas Law and first amendment to the existing Commercial Agency Regulation Law. Oh… but parliament is now disbanded due to the election cycle. Who will be the new representatives in parliament and who will be the new speaker? When will the next session begin? Yes, we are inching closer and closer to January.

In bringing you my commentary today on the RV Status section of the Newsletter, I always must make choices as to what to print. I try to keep the commentary to a minimum. I try to summarize as much as possible. I know you might find this hard to believe…lol..lol..lol.. 😊 I really do not want to ramble on and on. Already this Newsletter is too long… lol..lol..lol.. I try to quote from VERY important statements made in the news and then try to help my readers understand what was said and why. This is their words not mine. I only bring the news, not make it up. Get it?

How does it all lead us to the RV? Having said all this, I still encourage everyone to go read the full content of the articles for yourself and try to absorb it but concentrate on the important ones and important parts of them. I try to highlight them somehow. I know it’s a lot of information but if you study it, one Newsletter at a time, it won’t be so bad. If you do you won’t be asking me when the RV will happen, as you will see it just as I see it.

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not? Will the reinstatement follow? Will you be rich?

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

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“The Entire Collapse Of The Entire Deep State”

You can start watching the video at the 16:44 mark.        

Even bigger truth bombs and smoking guns are coming that the deep state democrats can no longer hide from.

“THE HEART OF YOUR ENEMIES’ FINANCIAL SYSTEM IN NEW YORK IS BEING RIPPED APART”

You can start watching the video at the 16:46 mark.  From Nov 9^th.     

We must realize that this may feel uncomfortable when it is happening but unless it does happen we will not find the financial independence we all want. Having this prophecy should give us comfort when this does happen and to know the final result in the long run will be good for the nation. When you see something happen to the Bronze Bull in Manhattan you will know the end is near.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

HOW TO LOOK PENNILESS IN THE PUBLIC RECORD

Today we’re diving into why it’s crucial for real estate investors, stock investors, business owners, and wealth builders to appear “penniless” in the public record. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here 👉 https://aba.link/i93

How an LLC can actually work against you.  

Don’t have your personal name or address in any public record.

Are offshore assets or accounts really protected?

Are vortex trusts a scam for tax protection?

Don’t misuse a legal entity and take it to extraordinary measures, it won’t work.  

I really, really, really encourage everyone to watch this video and learn from it.

Now I know that many of you may have already researched getting a LLC or a Trust to protect your money against creditors and reveres law suits. But after watching this video today I feel you can learn even more and that there are some caveats that can really work to your benefit all depending upon the state you file your entity in. It’s just a matter of working with your attorney and help to guide them on what you want.

Basically, it all amounts to how much privacy a particular state is willing to give for a legal entity. Attorneys can research this for you but you have to find a good one willing to do it for you. What I am saying is you may think you are protected in a particular state and then find out later, when sued, that your records are not that protected from preying eyes after all.

Another key lesson I learned is it is much easier to use the entity instead of your own name and address from the very start and get it on the dead when you purchase a property or business, rather than have an attorney later try to fix it, after some damage is already done.

Listen carefully what these attorneys are saying….

5 STATES CUTTING PROPERTY TAXES TO ZERO

WHAT IS PRESIDENT TRUMP REALLY TRYING TO DO WITH DOSE CUTS AND OTHER GOVERNMENT SPENDING?

A MUST watch for everyone concerned about the financial status of the United States and the mess it is in. How can it be fixed?

I think this video explains it very well and is common sense in terms for everyone to understand what is happening under the Trump administration. You may not like it if it impacts your pocket but what is the alternative?

If the U.S. does not get it’s financial matters in order, there will be no money for any programs including these freebie social entitlements too, get it? How stupid are these democrats to keep pressing for more and more entitlements. They are all just talk but do they really know what they are doing? Are they just wanting votes for control and power and willing to let the country go down the drain?

I don’t care how much you hate Trump, if not for him we would be doomed as no other presidents seem to have the convictions to help in the matter and take the hits for doing it. Trump simply is doing what is the right thing for America to save it from the globalist Marxist idiots.

Congressman Eric Burlison makes valid points in showingwhat the democrat party used to be in eliminating waste. How did it change so drastically? Oh… is it that the current democrat benefiting from the waste today so they want to keep it going?

WHY PRESIDENT TRUMP STOOD FIRM ON THE STOP-GAP BILL TO FUND THE GOVERNMENT PRESENTED BY CONGRESS.

The democrats wanted to have these kinds of discussions and so let’s have them. Let the TRUTH come out. Are they ready to hear it? Oh… here’s some TRUTH for ya.

THE TRUTH ABOUT ARGENTINA’S SO-CALLED ‘BAILOUT’ 

by John R. Lott Jr.,

Dems, media had their message, but what happened was actually a currency swap NOT A BAILOUT. It is something that is done all the time. Yes, this one was larger than most and much needed by Argentina.

Democrats keep claiming that Trump “gave away” $40 billion to Argentina, and many people are understandably upset. How, they ask, could the United States hand over money to a foreign country?

The problem is simple: the claim isn’t true. The U.S. didn’t give Argentina money. It entered into a currency swap – and the U.S. has actually earned a profit on the transaction.

Senate Minority Leader Chuck Schumer (D-NY) insists that “the administration is giving this money away to help Argentina’s hard-right president.” He argues, “If this administration has $20 billion to spare for a MAGA-friendly foreign government, how can they say we don’t have the money to lower health-care costs here at home?” Congressman Ro Khanna similarly warned, “It’s shameful that we gave $40 billion to Argentina instead of spending $9 billion to feed American families.”

Other Democrats, such as Senators Amy Klobuchar (D-MN) and Elizabeth Warren (D-MA), describe the transaction as Trump “sending” money to Argentina and even call it a “bailout.” Fifty-four Democratic House members lodged the same complaint.

News outlets, such as The Washington Post, pushed the claims with headlines like “The U.S. just bailed out Argentina.”

But the U.S. didn’t give Argentina anything. It conducted a currency swap: The U.S. provided dollars, and Argentina provided an equal value in Argentine pesos. Saying we sent money to Argentina ignores a crucial fact: Argentina sent money right back to us at the same time.

The first $20 billion swap occurred on Oct. 9, 2025, when the exchange rate was 1,418 pesos per dollar. The second $20 billion swap followed on Oct. 20 at an exchange rate of 1,495 pesos per dollar. By Nov. 12, the rate had moved back to 1,420 pesos per dollar. So, on average, the pesos we got in exchange for the dollars were worth more now than when we bought them. As a result, the U.S. now holds more than $41 billion in value from the original $40 billion, yielding an impressive 2.6% return in just one month.

That gain outperforms the 1.7% return the same funds would have earned in the S&P 500 over the same period.

Treasury Secretary Scott Bessent, who negotiated the arrangement, predicted this outcome. With decades of experience as a remarkably successful currency trader, Bessent recognized the opportunity for the U.S. to stabilize a key partner while making a profitable financial move. This week, he publicly confirmed the result: “The U.S. government made money.”

But the swap didn’t just help the United States. It also helped Argentina during a politically sensitive moment. As Bessent explained on MSNBC, “We used our financial balance sheet to stabilize the government, one of our great allies in Latin America, during an election.” The swap provided breathing room for Argentina’s financial system, helped calm market volatility, and supported the peso. That stabilization, in turn, improved the value of the pesos the U.S. now holds – exactly the outcome an experienced trader like Bessent would expect.

In the end, the arrangement accomplished two goals at once: The U.S. earned a profit, and it supported a democratic response to economic pressure. There was no handout, no bailout, and no giveaway. The U.S. simply exchanged assets that were initially equal value. It was a strategic financial transaction that benefited both countries – and made U.S. taxpayers some extra money.

So, knowing all this then why do the democrats keep calling this a “bailout” when it clearly is not. They are desperate. They have nothing else but to pick on president Trump’s foreign policies and fill the news media with lies. They just can’t let go of the Trump syndrome of hatred.

WAS TRUMP CRIMINALLY INVOLVED WITH JEFFERY EPSTEIN?

Here is more FACTUAL information everyone needs to hear to dispel the democrat lies about Trump and Epstein. Aren’t you sick a tired of all the democrat lies? As I write this Newsletter president Trump just announced that he wants full disclosure of all Epstein files. Does this sound like someone trying to hide something?

I am getting a bit sick and tired of the mainstream news media supporting this false narrative about Donald Trump and Epstein. How about you? When will they do their own research and get their own FACTS straight. Oh… they can’t be that dumb, can they? They must have done some digging and so all the lies are intentional lies not just mistakes, as they will claim later when caught in their lies. Shame, shame, shame on them. Where is the consequence and penalties for lying?

TIME TO TAKE DOWN JAMIE RASKIN AND “IT’S ABOUT TIME”.

It wasn’t that long ago when we saw headlines like ‘Who’s Being Protected?’: Jamie Raskin Demands Republicans back release of Epstein files. Really? Okay Rascal Raskin here you go, but are you prepared for what’s coming your way too. Top Democrat Raskin’s illegal Epstein leak causes mass firings.

SPEAKER MIKE JOHNSON DELIVERS REMARKS AFTER GOVERNMENT SHUTDOWN ENDS

Please, please everyone watch this. We need to know the TRUTH. Remember that I am a democrat and I am ashamed at what my party did to this country not just the shutdown but over the last four years of the Biden administration.

TRUMP SIGNS FUNDING BILL, ENDING GOVERNMENT SHUTDOWN

FETTERMAN IS ACTUALLY DOING IT…

Fetterman says his democrat party crossed the RED LINE with the demands in closing down the government. He says these people are lunatics. Watch, he is about to switch to the Republican party. The writing is on the wall in fact he many have done it already before I can finish this Newsletter.  

ILHAN OMAR IMPLICATED IN $250,000,000 MILLION FRAUD RING.

Yipes! That a lot of mulla! Let’s see how she wiggles her way out of this one….

THE MYSTERIOUS BARRACK OBAMA

Is barrack Obama a Muslim or maybe even a Hindu? If not, then why would anyone make this comparison to a Hindu god? In Islam, the most significant god of all things is Allah, who believed to be the singular, omnipotent and all-merciful creator of the universe. Islam teaches that Allah is the absolute one without a second, indivisible, and incomparable being, and he is the only one deserving of worship.

If you look carefully at this picture on the cover of Newsweek we can clearly see the global ideology standing out in our faces. It is scary. But many won’t see it that way. As these globalists want to control everything on the plant, yes they believe they will be the new god of all things. Yes, your life, your resources and in every country. We have already seen the blueprint in the European Union (EU) as they claim it was for economic benefit. Really? You only need to look at the results. They wiggled their way into control of all of almost all Europe with firing shot.

They have plans for you too under this ideology as their plan for global conquest will not and can not work without complete control of the Unites States. Some say the image on Newsweek is really a Hindu image of Shiva and it may very well be. But remember the true deep state global ideology has no god, it is godless. There is no place for god, as for them, man is the center of the universe and man makes his own destination and can control everything. It is believed that man, through his modern technology has the capability to control everything. Yes, we call this Atheism. These people have a very hard time believing in the next life in a different dimension. However, they are now also trying to break through the multiple dimensions with their science and so there are contradictions and there are many. It all comes down to control and anything that stands in their way is squashed. Some say its Marxist Communists ideas.

Yes, it certainly is and this is the ideology that is being used to convince the masses that this globalism is all so good for us. All you need to do is listen carefully to some of the democrat party politicians. They always refer back to the masses and how the masses are being abused and they their plans will make their lives better. They don’t understand capitalism and that through capitalism abundance and prosperity can flourish. If we carefully look at the democrat side we see high debt, looming foreclosures, shortages, etc. How does this better the citizen? Everyone, including the very wealthy are hurt. But its stand out clearly that it is not about helping the poor and underprivileged but rather about using these concepts to help themselves through control.   

If not now than in the future through future advances as man evolves they will conquer the earth. Yes, this does sound Satanic. There is no trust and love for the true God as for them He does not exist. The globalist only favor and use religious organizations when they are helpful for their cause and their cause is “complete control’ and with their control massive corruption as control breads corruption when it is taken out of the hands of the common citizen.  

You can break free from it but you have to be educated first of about their secret plan they are executing behind our backs. You can go review these plan right on the United Nations site and they are called UN Agenda 2021, 2030 and 2050. See if what you are now witnessing in our society with the crises after crises does not fit into their agendas.

This is not a conspiracy as you only have to look at the massive immigration of Muslims from the middle east Obama allowed into the U.S. and then under the Biden. As a Christian, I know Jesus warned us about worshiping the wrong gods and that there was only one God and it was our Father, his Father in heaven. You may say I am saying this just because I am a Christian but I say if you don’t believe me and perhaps you are not a Christian just look at the destruction that follows where ever Muslims go and settle. Look at the Jihadists organizations and what they are doing to the world. It this how you want to live? Look at the hate speeches and rallies in the US cities especially in Minnesota and Michigan Muslim taken over cities. What do you think they are attempting to do? How much longer must we let this go on before we wake up. Seems Americans have it so good they are always lazy in waking up to what is really going on around them. They make up excuses not to believe it.

AFP: SUDANI COALITION ACHIEVES MAJOR VICTORY IN IRAQI ELECTIONS

Agence France-Presse reported on Wednesday that the coalition of Iraqi Prime Minister Mohammed Shia al-Sudani achieved a major victory in the parliamentary elections held on Tuesday.

An official close to the Prime Minister told   AFP   that the Development and Reconstruction bloc had achieved a remarkable success, while two other sources indicated that the list had won the largest parliamentary bloc with nearly 50 seats or more.

Sudani has emerged as a major political force in Iraq since coming to power three years ago, with the support of the Coordination Framework Alliance, which includes Shiite parties and factions close to Iran. This success comes in the context of a tense political landscape, where different blocs are seeking to form alliances to secure a stable parliamentary majority.

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SUDANI COURTS TRUMP: I WILL VISIT WASHINGTON WITH 50 IRAQI BILLIONAIRES

The newspaper quoted the Iraqi Prime Minister Mohammed al-Sudani as saying that the Iraqi people have reached a point where they can no longer tolerate conflict, wars, and all these calamities.

Al-Sudani said that Iraqis want stability, security, and development, according to his government’s desire to establish a balanced political and economic approach that focuses on rebuilding the state and restoring citizens’ trust.

Al-Sudani indicated that any path that can enable the factions to move towards political or economic action and then relinquish weapons is a good and acceptable solution through their gradual integration into life

snippet from the article https://www.nytimes.com/2025/11/11/world/middleeast/iraq-parliamentary-election-vote.html

Mr. al-Sudani presents himself as the ideal candidate for balancing between Iranian and American interests. He recently oversaw deals for Chevron and Exxon to develop oil fields in Iraq. In an apparent gesture to Mr. Trump, he wrote an essay in The New York Post promoting Iraq as an investment partner. He told The Times he would bring 50 Iraqi billionaires to Washington next month for an “Invest in America” conference, to show “harmony with President Trump’s course.”

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A SOURCE CLARIFIES: THERE WILL BE NO CHANGE TO THE EXCHANGE RATE, AND THE CENTRAL BANK CONTINUES TO DEFEND IT.

November 11, 2025

A source clarifies – There will be no change to the exchange rate and the Central Bank continues to defend it. Some media outlets reported on a study suggesting a government plan to adjust the exchange rate in the future. However, it turned out that this plan, which was published in studies, did not originate from the central bank and dates back more than ten years.

In this context, a source from the Central Bank confirmed on Tuesday (November 11, 2025) that foreign reserves remain at comfortable levels sufficient to cover imports and enhance the stability of the financial market.

The source explained that “the Central Bank continues to defend the current rate, and that the monetary and financial indicators in the country are stable and support this trend.”

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THE CENTRAL BANK DENIES RUMORS OF A DINAR DEVALUATION.

The Central Bank denied on Tuesday (November 11, 2025) rumors of the dinar’s decline, stressing that they were untrue and were not issued by any official body.

The bank’s media office stated in a statement that “the Central Bank of Iraq denied the news circulating about the expected decrease in the value of the dinar to 4,000 dinars against the dollar, stressing that this information is incorrect and was not issued by any official body within the bank.”

The bank called on the media and citizens to rely only on official sources and to avoid being drawn into rumors aimed at creating financial panic in the market.

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THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM.

 

(Mnt Goat: Article from the recent past)

Written by Dr. Subhi Jabara

Research and writing by: Dr. Subhi Jabara

The Central Bank of Iraq has officially confirmed that it is moving forward with its long-awaited “zero-zero” project, a massive financial reform that will fundamentally reshape the country’s economy and its standing on the global stage.

In a series of statements, the Central Bank Governor emphasized that the project is not mere speculation but a concrete initiative that has generated considerable enthusiasm and interest in international financial circles. This ambitious project aims to rename the Iraqi dinar by removing three zeros from its nominal value to better reflect the country’s growing economic strength. This move, which has been the subject of rumors for years, is currently under active development, with comprehensive studies and simulations having been completed. According to the Governor, the process will be gradual and meticulously planned to ensure financial stability while unlocking the currency’s true potential. 

For years, the Iraqi dinar has suffered from a decline in its nominal value as a result of decades of conflict and economic instability. The current exchange rate, hovering around an unofficial rate of 1,415 dinars to the US dollar, forces citizens to carry large amounts of cash for their daily transactions and complicates international trade and investment. The “zero-zero” project was designed to address this problem by simplifying the currency and aligning it with the country’s strong economic fundamentals, including robust oil revenues, expanding gold reserves, and deepening trade partnerships with global powers such as China, the United States, and the European Union. While the Central Bank has been careful not to commit to a specific timeline, the confirmation that the project has begun marks a pivotal moment for Iraq. This represents a transition from post-war recovery to a new era of economic independence.

Signs of Reform: How Will “Removing Zeros” Work?

The phrase “removing zeros” may sound alarming, but it is a standard monetary policy tool known as currency revaluation. It is not a confiscation of wealth, but rather a recalibration of the currency’s nominal value. In essence, 1,000 old Iraqi dinars will become 1 new dinar. Crucially, all prices, wages, and savings will be adjusted proportionally, ensuring that individuals’ purchasing power remains stable at the moment of the shift. The real shift occurs in the subsequent adjustment of the exchange rate.

The Central Bank has developed several scenarios, with internal studies predicting that the floating dinar could stabilize automatically at a value in the distant future between 3.22 and 4.25 dinars to the dollar. The governor clarified that these figures are not a declared rate but rather an indicator of the currency’s potential if it is allowed to float freely based on market demand and Iraq’s economic fundamentals. Two main paths are being considered for the next phase.

Economists close to the central bank indicate that both options remain on the table. The choice will depend on the government’s strategic priorities, whether it favors a gradual, market-driven adjustment or a swift and decisive reset.

Either path would trigger one of the most significant currency transformations in the modern Middle East. The economic driver: Why is now the right time for a stronger dinar? The timing of this reform is not coincidental. The Iraqi economy is at an evolutionary turning point. The country’s fiscal position has steadily improved, driven by several key factors: Strong oil revenues: As a leading producer in OPEC, Iraq’s steady oil revenues provide a stable foundation for its economy and strong support for its currency. Growing gold reserves: The central bank is actively expanding its gold reserves, a traditional safe asset that enhances monetary stability and international credibility. Deepening trade partnerships: Iraq has developed strong trade relations with major global economies, including China, the United States, and the European Union, diversifying its economic interactions and reducing its dependence on any single partner. Despite this strength, the nominal value of the dinar has been lagged, widening the gap between the official exchange rate and its true value. Each time Iraq’s GDP grows or its foreign reserves increase, this discrepancy becomes more pronounced.

The “zero-zero” project is the mechanism to close this gap, allowing the currency to finally reflect the country’s true wealth and economic progress. This reform is expected to have profound global implications. Revaluing the Iraqi dinar would:

• Boost regional investment: A stable and strong currency would make Iraq a more attractive destination for foreign investment, thereby fostering economic growth throughout the region.

• Reduces dependence on the dollar: By re-pegging its currency into a diversified basket of currencies or commodities, Iraq can reduce its reliance on the US dollar for oil settlements, a move with significant geopolitical implications.

• Inspires monetary reform: It could inspire neighboring economies to reassess their monetary structures, potentially triggering a wave of fiscal modernization across the Middle East. For Iraq itself, this is more than just an economic adjustment; It is a step toward a historic fiscal renaissance, signaling Iraq’s transition from post-war recovery to a future of economic independence and self-determination. A new chapter for Iraq: The way forward.

The central bank governor has emphasized that this reform is not a rash or hasty move; Every step is carefully measured, documented, and designed to maintain stability and public confidence. While the precise implementation timeline remains confidential, the confirmation that the project has begun and the preliminary studies are complete indicates that implementation is closer than ever. When the reform takes place, whether through a gradual float or a sudden restructuring, it will permanently alter Iraq’s fiscal identity.

The phrase “removing zeros,” as simple as it sounds, represents one of the most ambitious and complex financial engineering projects in the country’s modern history. The central bank is not just changing numbers; It is redefining how Iraq interacts with the global economy. The world is watching closely. The potential shift in the dinar’s value, with projections ranging between 3.22 and 4.25 to the dollar, has captured the attention of investors, economists, and governments worldwide. This is not just an economic story; it is history in motion. As Iraq stands on the precipice of this financial transformation, the message is clear: the nation is ready to transcend its past and write a new chapter of prosperity and strength.

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THE FRAMEWORK OUTLINES THE FORMATION OF THE IRAQI GOVERNMENT AND AWAITS AL-SADR’S STANCE ON A SECOND TERM.

It appears that the coordinating framework that includes the ruling Shiite political forces in the country, which secured the highest number of votes in the recent parliamentary elections, is seeking to resolve the formation of the next Iraqi government as quickly as possible and before the end of the constitutional deadlines specified in this regard.

However, there are some obstacles that may prevent progress in these efforts, most notably the issue of appointing a new prime minister, or proceeding with renewing the second term of the current Prime Minister, Mohammed Shia Al-Sudani, who topped the lists of candidates in obtaining the highest number of votes.

In this regard, a source within the framework revealed details of a meeting held by the Coordination Forces on Wednesday evening following the announcement of the preliminary results of the parliamentary elections. The attendees discussed some topics related to the elections and the distribution of tasks according to electoral and political weight, according to a well-informed political source.

The source explained to Shafaq News Agency, “The leaders of the framework forces held their first meeting last night after the announcement of the preliminary parliamentary election results, where important topics were discussed, including reaching an understanding on forming the government, determining the identity of the next Prime Minister, and the shape of future alliances.”

He added that the framework “set the general and specific guidelines for the political process in the country, without exceeding the constitutional deadlines, and it is keen to complete the government system before the specified dates,” noting that the issue of the premiership will be decided soon, especially since the initial results revealed the political and parliamentary weights of the framework’s forces and the overall coalition for managing the state.

The source did not rule out granting Al-Sudani a second term unless one of the influential forces moves against it, in reference to the position of the leader of the State of Law Coalition, Nouri Al-Maliki, adding that “most of the forces of the framework attended the meeting with the exception of the current Iraqi Prime Minister.”

He explained that the identity of the next prime minister will be determined after the legal ratification of the election results.

He concluded by saying that “the meeting also discussed the issue of understanding with those boycotting the elections (the Shiite National Movement led by Muqtada al-Sadr) and their role in the next stage, and knowing their position on the second term.”

On the ninth and eleventh of November, Iraq held special and general voting in the parliamentary elections for the sixth parliamentary session, as part of a democratic practice in the political process that emerged after 2003 through the overthrow of the former Baath regime by the forces of the United States of America and its allies.

On Wednesday evening, the Independent High Electoral Commission of Iraq announced that the “Reconstruction and Development” alliance, led by Mohammed Shia al-Sudani, had made significant progress in the preliminary results, achieving 1,317,346 votes in 12 out of 18 governorates. The Progress Party, headed by former Speaker of Parliament Mohammed al-Halbousi, came in second, and the State of Law Coalition, led by former Prime Minister Nouri al-Maliki, came in third.

Regarding the Shiite Coordination Framework forces, the Reconstruction and Development Alliance of Sudani won 45 parliamentary seats, followed by the State of Law Coalition led by Nouri al-Maliki with 30 seats, and the Sadiqun Bloc led by Qais al-Khazali with 26 seats, while the Badr Bloc led by Hadi al-Amiri won 19 seats, and the State Forces led by Ammar al-Hakim won 18 seats.

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SUDANI TO THE EUROPEAN UNION: WE HAVE SUCCEEDED IN RESTORING THE PEOPLE’S TRUST AND WE ARE ADOPTING A REFORM PROJECT.

Prime Minister Mohammed Shia al-Sudani expressed his gratitude on Thursday for the European Union’s efforts in monitoring the elections, stressing the success in restoring the people’s trust and adopting a reform project aimed at continuing reconstruction, building and development. 

The Prime Minister’s office said in a statement received by Mail that “Prime Minister Shia al-Sudani received today the European Union Ambassador to Iraq, Mr. Clemens Zimmtner,” indicating that “the meeting witnessed discussions on strengthening and developing relations within the framework of cooperation between Iraq and the European Union by activating the provisions of partnership agreements and memoranda of cooperation, especially in the areas of investment, trade, energy and environment issues, in a way that achieves the interests of both parties in facing common challenges.” 

Al-Sudani said, “We thank the European Union for its efforts in helping Iraq monitor the elections, which were conducted smoothly and with an increased turnout, indicating the government’s success in restoring the people’s confidence in the political system. He pointed out that the government has adopted a reform project aimed at continuing reconstruction, building, and development, and meeting the demands of the Iraqi people.” 

Al-Sudani called on European companies to “participate in the development road project, by increasing cooperation and supporting the project, noting the importance of lifting the flight ban between Iraq and the European Union countries, as it constitutes an obstacle to the development of tourism and trade between the two sides.” 

For his part, the European Union Ambassador congratulated the Prime Minister on the successful holding of the parliamentary elections, praising the Iraqi government’s policy of avoiding the conflicts and wars that the region has witnessed, as well as its efforts in achieving economic and security reform and the water management file.

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AL-HASHEMI: THE FORMATION OF THE GOVERNMENT WILL NOT BE DELAYED MUCH LONGER… AND THE NEXT STAGE IS A TEST OF THE ECONOMIC REALITY.

Amid a complex regional situation and increasing economic and political pressures, Iraq held parliamentary elections described as the most sensitive since 2003, as they came at a stage in which the features of the region are being redrawn between the major decision-making capitals, and under the eyes of international observers who were watching to see if the Iraqi democratic experiment was able to withstand the accumulating crises.

Despite the security and economic challenges, the electoral process proceeded smoothly overall, with a turnout described as stable, at a time when expectations were rising regarding the shape of the next government and its political composition.

Political analyst and director of the Baghdad Today news agency, Saif al-Hashemi, said that “the initial results announced by the commission were 75 percent in line with the political estimates and readings that preceded the elections, which reflects a state of relative stability in the voters’ orientations.”

He added that “the outlines of the next government are drawn up in advance, and the expected disagreements will not be about the nature of the formation as much as they will be about the selection of personalities within the ministries,” stressing that “the next government will be more of a consensus government than a majority government.”

Al-Hashemi explained that “the upcoming challenges facing the government will be primarily economic, including rebuilding infrastructure, improving living standards, and supporting the Iraqi dinar, while maintaining balance in Iraq’s regional and international relations.”

In this context, the Independent High Electoral Commission announced today, Wednesday (November 12, 2025), during a press conference followed by Baghdad Today, that the manual counting and sorting operations were identical to the electronic results by 99.93 percent, confirming that the Reconstruction and Development Coalition, led by Prime Minister Mohammed Shia Al-Sudani, topped the results in a number of governorates, including Babylon, Karbala and Basra, as the most prominent political force in the current electoral scene.

In contrast, the Azm Alliance, led by Muthanna al-Samarrai, emerged as one of the new rising forces after achieving remarkable results in Baghdad, Nineveh, and Anbar, indicating a shift in the balance of competition within the traditional Sunni camps, and giving Azm an advanced position in the negotiations to form the next government.

Al-Hashemi concluded by saying: “We congratulate the winners, and we congratulate the Iraqi people on this stable experience, and we hope that tomorrow will be better than today, and today better than yesterday.”

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A US REPORT REMINDS IRAQI POLITICIANS OF THE TABOOS IN FORMING THE NEW GOVERNMENT.

 
A US report on Sunday reminded that the main challenge in Iraq is preventing it from falling into the crosshairs of President Donald Trump’s administration, should Iranian-backed parties be allowed to enter and pursue Tehran’s economic interests through them.

The report issued by the American “Foundation for Defense of Democracies” stated that the end of the voting does not mean that there will be a new government anytime soon .

According to the report translated by Shafaq News Agency, the election results did not lead to shocking conclusions, but they also did not result in a clear victory. Although the Reconstruction and Development list led by Prime Minister Mohammed Shia al-Sudani won more than 1.3 million votes, or about 11% of the total, this is not enough for him to rule alone .

The report argues that the challenge facing political leaders in power-sharing negotiations to form the new government will be “forming a coalition that does not make concessions on governmental and economic interests to Iran, because that could put Iraq in the crosshairs of the Trump administration.”

The report noted that “the Shiite parties obtaining about 187 seats in the House of Representatives represents a comfortable margin above the 165 seats required for a majority, despite the absence of Muqtada al-Sadr’s movement.”

Following the Sudanese bloc, among the Shiite forces and figures, came the parties of former Prime Minister Nouri al-Maliki, Qais al-Khazali, whom Washington designated as a “terrorist,” and the leader of the Badr Organization, Hadi al-Amiri, as the report indicated that the three are “closely allied with Iran.”

The report also drew attention to the Kurdish context of the elections, noting that “the Kurdistan Democratic Party, which received about one million votes, decisively defeated its rival, the Patriotic Union of Kurdistan, which received nearly half of this electoral support.”

According to the same report, “The Shiite coalition that led the last government, i.e. the Coordination Framework, is currently divided despite the strong numbers of the Shiite parties, indicating that the leaders of the Framework are considering the idea of ​​an electoral alliance that excludes the Sudanese party, which is betting on gaining a second government term, while leaders in the Framework are concerned that this may enhance its power and authority .”

The report noted that many in the Shiite forces disagreed with al-Sudani about the “balance approach” he follows between Tehran and Washington, and recalled what Iraqi Foreign Minister Fuad Hussein said recently about the Trump administration informing Iraqi officials that six militias supported by Tehran, designated by the US as terrorist organizations, cannot be part of the new government .

The report continued, “Al-Khazali’s political party, which is formally separate from the Asa’ib Ahl al-Haq militias, is included in this ban .”

For this reason, the American report says, if “Washington sticks to this demand, the Shiites will have difficulty forming a government without al-Sudani .”

According to the report, Iranian-backed politicians sought to obtain important positions in previous governments in order to “strengthen their influence and access Iraq’s resources to enrich themselves, their militias, and Iran .”

The report concluded by calling on the United States to define clear consequences to ensure that there is no place for “Tehran’s proxies” in the Iraqi government, adding that their presence in the government means “the Trump administration will have little chance of disarming the militias .”

The report concluded that Washington must also convey to officials in Baghdad the message that negotiations to form a government should not include financial or economic gains for Iran or its partners as “compensation” for complying with the American embargo .

According to the report, the Sudanese were assigned to the premiership in 2022, partly because of his willingness to establish a company affiliated with Iranian-backed militias to receive government contracts, referring to “Al-Muhandis Company,” noting that the United States, through the Treasury Department, has since imposed sanctions on this company .

He added that Washington must now use its influence to ensure that the negotiations do not lead to further economic agreements like these .

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AN ADVISOR TO THE PRIME MINISTER OUTLINES A ROADMAP FOR ECONOMIC DIVERSIFICATION IN IRAQ.

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, said that the Iraqi government assesses its ability to diversify sources of income as a long-term strategic challenge, especially since oil accounts for nearly 90% of public revenues and half of the gross domestic product, and its export revenues represent the country’s foreign inflows, stressing that excessive dependence on oil makes the economy fragile in the face of fluctuations in the global energy market.

Saleh added to Al-Furat News Agency that: “Progress in this field still faces structural and institutional obstacles, despite it being one of the basics of implementing the government program that was approved by the House of Representatives in October 2022, as economic diversification in the fields of energy, industry, tourism, digital services and agriculture has taken center stage in the work of the executive authority and the approved draft laws.

He pointed out that the government’s strategic framework and political will were formulated through the roadmap launched with the National Development Plan (2024–2028), and in accordance with the data of Iraq Vision 2050, all of which point to strategic objectives for diversifying the economy and building highly cohesive non-oil sectors (agriculture, renewable energy, infrastructure, manufacturing, and the digital economy). He explained that the availability of these plans is important but not sufficient without rigorous, continuous, and sustained implementation that transcends electoral cycles.

He explained that “the goal of the partnership between the state and the private sector has become the first strategic buffer that protects the country from its dependence on a single resource, noting that the diversification policy was launched strongly from the single oil sector itself by manufacturing crude oil and converting it into derivatives and products, towards replacing imports of oil derivatives and being satisfied with the national product after operating giant refineries, and the future direction towards exporting oil products with high added value, which is a first step that will provide between 3% to 5% direct and immediate space in diversifying the gross domestic product in one go, and this path is running in the digital services sector, agriculture, tourism and others in cooperation with the private sector.”

Saleh identified the current path towards containing the financial and real deficit in the macroeconomy, as follows:

• First: Giving priority to investment in productive infrastructure immediately, especially the electricity generation sector (solar projects and gas investment), making qualitative shifts in water and transportation management, and proceeding with logistics infrastructure projects that link the agricultural and industrial sectors to regional markets, as they generate sustainable employment and reduce the cost of business. Modern solar energy projects represent a practical example of reducing spending and strengthening sustainable economic growth.

• He added, “Work is also underway to reform public sector companies and government institutions by increasing efficiency through restructuring energy, ports and railway companies, improving governance mechanisms and involving the efficient and productive private sector in what are called Public-Private Partnerships (PPPs).”

• He also stressed the importance of “enhancing non-oil revenues by expanding the fair tax base, adopting a productive tax policy based on improving the collection of taxes and customs duties, coordinating fair tax policies without harming the incentive for investment and production, and improving property and land rules to attract industrial and agricultural investment within the framework of national development plans.”

• Saleh continued, “Governance and digital investment in successful macro-administration remain important assets in accelerating economic diversification, especially adopting mechanisms for evaluating and holding public projects accountable by adopting what is called the Project Evaluation Portal (CPMS) to evaluate the economic, social and environmental feasibility before the start of funding, and performance indicators linking spending to achieving tangible results within a systematic long-term approach to implementing the principles of program and performance budgets, which should be expanded and adopted gradually in cooperation between planning, financial and oversight bodies to achieve the goals of sustainable development and financial strengthening of the country.”

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GOVERNMENT ADVISOR: AMENDING THE COMMERCIAL AGENCY LAW SUPPORTS IRAQ’S REQUIREMENTS FOR JOINING THE WORLD TRADE ORGANIZATION

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Sunday that the Cabinet’s approval of the draft law amending the Commercial Agency Regulation Law would support Iraq’s accession to the World Trade Organization and improve market efficiency by reducing prices and raising the quality of goods, as well as supporting investment and integration into the global economy.

Saleh told the Iraqi News Agency (INA): “The first amendment to the existing Commercial Agency Regulation Law represents an important legislative reform that enhances competitiveness, improves the quality of goods and services, and supports investment and integration into the global economy,” noting that “the amendment also contributes to building a more disciplined and equitable market, which will directly impact economic growth and consumer protection in Iraq.”

He added that “this amendment comes to address the gaps that appeared during the application of the law since 2017, whose main goal was and still is to promote and regulate commercial activity and improve the business environment in Iraq.”

He explained that “the motives for the amendment are directed towards important axes, including addressing cases of actual monopoly by some commercial agencies in key sectors such as sensitive devices, consumer goods, and others, as well as the need for more precise regulation of the relationship between foreign companies and local agents in accordance with international standards, with the necessity of raising the level of transparency and disclosure in registering agencies and documenting their contracts,” noting that “all the contents of the amendment are consistent with the need to protect the consumer from substandard goods and weak after-sales services, as we have explained, which drain the consumer and the national economy.”

He stated that “the amendment comes to support the state’s direction towards improving the investment environment and attracting global companies directly to the national market.”

He stated that “the most prominent aspects of the amendment are based on opening the field to greater competition between agents and preventing disguised monopolies, tightening registration and auditing procedures for commercial agencies through the Ministry of Commerce, in addition to clearer and stronger regulation of contracts between the local agent and the foreign supplier, which enhances the rights of both parties, and obligating agents to higher standards of quality, warranty and maintenance, as well as strengthening governmental and tax oversight and digitization in agency procedures, and providing an important entry point towards building a competitive and fair market away from the dominance of closed agencies, and supporting the requirements for the country’s accession to the World Trade Organization by enhancing transparency and competition.”

He added that “amending the law also leads to strengthening national supply chains, encouraging local manufacturing, and establishing a stable and attractive legal environment for foreign direct investment that is consistent with global quality standards in developing the business environment, which is the focus of the World Bank and international trade and economic organizations.” He pointed out that “the implications of amending the existing Commercial Agencies Regulation Law are embodied in providing important economic pathways, foremost among them improving market efficiency by reducing prices and raising the quality of goods as a result of increased competition, in addition to attracting new international companies and brands to the Iraqi market, reducing the restrictions imposed by monopolies, stimulating local investment in the fields of distribution, logistics and commercial services, in addition to protecting the consumer and providing better products with more committed after-sales services, and increasing state revenues by controlling tax compliance and regulating import operations.”

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STRENGTHENING IRAQ’S STEPS TOWARDS JOINING THE WORLD TRADE ORGANIZATION

The Ministry of Trade has adopted steps aimed at enhancing Iraq’s chances of joining the World Trade Organization, stressing that it has made great progress in supporting local products and strengthening the private sector to meet the needs of local markets for various products. 

The official spokesman for the Ministry, Mohammed Hanoun, stated in a statement to “Al-Sabah” that joining the World Trade Organization, which Iraq had submitted a request to through the Ministry, represents a strategic step towards full integration into the global economy and reflects the country’s commitment to reforming the economic and trade system in accordance with international standards.

He noted that joining the organization obliges the government to implement an economic reform program, in addition to strengthening trade policy and improving the business environment, as well as creating favorable conditions for foreign investment, pointing out that the ministry is working in coordination with relevant authorities to take the necessary steps to complete the accession process.

Negotiations for Iraq’s accession to the organization began in 2004 and stopped in 2008. An informal meeting was held in 2017, while a third meeting was held on June 18 of last year.

Hanoun explained that the necessary procedures include reviewing existing trade legislation to determine its compatibility with WTO agreements, as well as enhancing the investment environment by streamlining procedures and removing obstacles to the movement of goods and services. He also emphasized the importance of strengthening the competitiveness of the private sector and improving the quality of national products. He affirmed that the country has made significant progress in this area by supporting local production, particularly grain, which has become a focus of interest for neighboring countries. Furthermore, he highlighted the importance of strengthening the role of the private sector as a partner to the public sector in meeting the needs of local markets. The ministry spokesperson stated that Iraq’s accession to the WTO will increase export opportunities for local products by establishing an international market for them. This will also attract foreign investment and bolster international confidence in the Iraqi economy, while the ministry remains committed to ensuring a balance between the interests of the local market and protecting domestic products. National.

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DHI QAR: ANNOUNCEMENT OF A NEW BATCH OF COMPENSATION CHECKS UNDER ARTICLE 140

 
The Committee for the Implementation of Article 140 of the Constitution announced today the release of a new batch of financial checks for beneficiaries of compensation, calling on citizens whose names are listed in the attached lists to visit the committee’s office in Baghdad to receive their previously issued checks before their expiry date.

The committee stated in a press release received by Nasiriyah News Network that the current batch includes 103 bank checks ready for disbursement.

It emphasized the necessity for applicants to bring the required documents, which include valid and certified legal powers of attorney for 2025 with a barcode, a copy of the 2025 inheritance certificate, two copies of the identification documents for all
heirs, and two personal photographs for each heir.

The committee stressed the importance of expediting the application process to ensure the checks are disbursed within the legal timeframe and to avoid the loss of rights due to the checks’ expiration.

(Let there be no questions whether Article 140 has been in effect. Let’s please stop all this nonsense that it has not. Done! Why else would they be paying out  if it was not in effect? You tell me…. 😊)

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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

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:

November 13, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more fantastic news.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

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Proverbs 11:24-25: 

“One gives freely, yet grows all the richer; another withholds what he should give, and only suffers want”

STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

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I know many of you still are having a hard time grasping the idea that this RV may actualy be coming to a conclusion and we might be at the bank soon. Quite frankly I too am amazed at all the good news coming our way. When will we wake up from this dream….oh, but we are not dreaming….. 😊

We must be paying attention to the past progress Iraq has made and the ongoing progress projected for the future. We must also connect the pieces and what we know from the past and apply it to the current situation. How else can we get the FACTS to know where this is heading?

If not now, then when?

Why are you in this investment in the first place, if not to realize the gain from it? Why do many of you now fight me so much on bringing the FACTS. Why are many insistent on going down the path of nonesense? I have laid out so many FACTS to you just this year alone. Yet, you so easily believe idiots like Bruce or TNT Tony or even MarkZ over these past 10 years. Oh… but I do know why you are now so skeptical, is it because you have been tainted by listening to all these jerks on the internet with their every day / any day predictions from their three letter agencies….lol..lol..lol..

Oh… but didn’t I warn you about these idiots. They made the RV into a game. Get it?

How many times did I tell you they were lying, yet your still needed your hype and boost of lies for the week. Yes, its funny how people will believe their lies and then go back for more over and over again. Seems in the US politics the democrats too like the lies from their own party. They see the harm caused by their woke policies and yet their devotion to the liberal lies keeps them coming back for more. So, I see it on all fronts in politics and now in this investment. Human nature I guess does not change.  

As with Dr. Subhi Jabara, author of an article in my last 11/11 Newsletter titled “THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM”, we can clearly see that removing the zeros from the dinar is going to happen and this is the time to do it not years away. They are all but telling us it will happen in this last quarter of 2025. I am not saying it going to RV tomorrow, but we are damn close.

We read in the past news from Iraq that the last year’s 2025 budget tables (out of the parliamentary already passed 3 year budget 2023-2025) were NOT enacted and these projects put on hold. Do they need to be passed again? Why put on hold?  It was not because the new RV rate was in the tables lol..lol.. Even if that was true, they could have RV’d then and used the new rate to get over the drop in oil prices, right? But they didn’t. These are the same idiot intel gurus that also told you the CBI has complete control over the RV. But my readers know better, don’t we?

The finance committee came right out and told us the delay was due to the sudden drop in oil prices, below what the budget would support for these projects. Iraq did not want to add any more debt, get it? Yes, it is that simple. They are trying to show fiscal responsibility. Oh gee, what a concept…lol..lol.. 😊

Well… it simply does not work just to RV when you want to since Iraq has to wait until everything else lines up too. They are not in total control and need the support of the global financial agencies to do it. For instance they need the support of the IMF, the World Bank and the US Treasury, etc. to RV. Iraq also needed economic growth and movement towards a diversified economy. They needed to move off the ‘rentier” economy. Now we see many of these needed elements are in place and, as Dr Jabara just told us in his recent article, Iraq is now in the position they needed to have it to move ahead and launch the historic currency reform. Are you listening to me? Many said this would take years to accomplish. I begged to differ in the ‘opinion’ as it was just an opinion not backed up with any facts. Now we learn the facts.

Now we hear that they intend to roll over many of these same projects from the 2025 budget into the 2026 budget, thus the budget tables will follow the budget. There are no secrets here. Get it? Then my CBI contact told me, and thus I told you, that the CBI planned to work with the finance committee to begin the new fiscal year 2026 with a new rate, a rate brought on by “an historic reform” of the currency. Oh… didn’t Dr Jabara just tell us this in the most recent article on removing the zeros?

Now match this to the article by Jabara and also the other recent articles and videos on the subject over this past month of removing the zeros and what do you have? Folks, we have NEVER seen the progression of the project to delete the zeros movement ahead to such an extent with all the education and publicity. Are you listening to me?

Oh… but if you remember what was also said in the Jabara article about not only removing the zeros from the dinar but he spilled the beans on the rest of the Dr Shabibi plan to move to the reinstatement stage (the third part of the stategy) and how it might work.

Please go back and read the article from my 11/11 Newsletter. Folks, its all there in black and white. Nobody has EVER talked in this much detail about implementing the Dr. Shabibi plan, except Dr Shabibi himself going back to 2011. We know what happened in December 2012 when the Dr Shabibi’s plan to reinstate was squashed. We are now seeing the same type of education and even at a greater extent than in 2012.

I will give one caveot. I do not have a crystal ball and I go only by FACTS. Yes, facts that are handed to me on a silver platter….lol..lol..lol.. I would have to be an idiot like all these other intel gurs to just ignore the information.

What else is in the recent news?

😊 😊 In today’s article titled “AFP: SUDANI COALITION ACHIEVES MAJOR VICTORY IN IRAQI ELECTIONS” we find that Agence France-Presse reported yesterday that the coalition of Iraqi Prime Minister Mohammed Shia al-Sudani achieved a major victory in the parliamentary elections held on Tuesday. All I can say is THANK GOD Al-Sudani is going to have a second term. Hurrey! Hurrey! Hurrey! We needed to see a stable government for our January reinstatement. Since these two events are so close, a bad election would certainly have postponed what we are looking for. Let’s keep praying. nothing goes wrong.

😊 Next, I want to show you the new foreign policy of the Trump administration towards Iraq in the next article titled “SUDANI COURTS TRUMP: I WILL VISIT WASHINGTON WITH 50 IRAQI BILLIONAIRES”. The newspaper quoted the Iraqi Prime Minister Mohammed al-Sudani as saying that the Iraqi people have reached a point where they can no longer tolerate conflict, wars, and all these calamities. Al-Sudani said that Iraqis want stability, security, and development, according to his government’s desire to establish a balanced political and economic approach that focuses on rebuilding the state and restoring citizens’ trust.

Here is the best part of the article – “Mr. al-Sudani told The Times he would bring 50 Iraqi billionaires to Washington next month for an “Invest in America” conference, to show “harmony with President Trump’s course.” WOW! This is exactly the relationship we need to see between Iraq and the US. Choo-Choo the RV is on the train and coming down the tracks…. Can you hear the whistle blowing?

The remainder of the articles today are about victory laps from this week’s election and seeking to resolve the formation of the next Iraqi government as quickly as possible in Iraq and before the end of the constitutional deadlines specified in this regard. Then, more on what they want to accomplish in the next four years government of Al-Sudani. Didn’t he tell us he would work with the Central Bank to raise the value of the dinar? Just asking…..

Folks, I believe strongly that both the US and Iraq are about to enter that ‘golden age’ they keep talking about. Get ready because its coming.

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not? Will the reinstatement follow? Will you be rich?

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

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“Something Big Is About To Drop”

You can start watching the video at the 12:59 mark.  From Nov 3^rd.     

“Your Enemies Are Desperate To Shutdown The World Again”

You can watch video of prophecy From Nov 4^th.  Seriously, you don’t want to miss this one. I recorded just a portion of it I thought you might be interested in the most.

You can watch the entire prophecy at this LINK.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

HOW TO LOOK PENNILESS IN THE PUBLIC RECORD

Today we’re diving into why it’s crucial for real estate investors, stock investors, business owners, and wealth builders to appear “penniless” in the public record. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here 👉 https://aba.link/i93

How an LLC can actually work against you.  

Don’t have your personal name or address in any public record.

Are offshore assets or accounts really protected?

Are vortex trusts a scam for tax protection?

Don’t misuse a legal entity and take it to extraordinary measures, it won’t work.  

I really, really, really encourage everyone to watch this video and learn from it.

Now I know that many of you may have already researched getting a LLC or a Trust to protect your money against creditors and reveres law suits. But after watching this video today I feel you can learn even more and that there are some caveats that can really work to your benefit all depending upon the state you file your entity in. It’s just a matter of working with your attorney and help to guide them on what you want.

Basically, it all amounts to how much privacy a particular state is willing to give for a legal entity. Attorneys can research this for you but you have to find a good one willing to do it for you. What I am saying is you may think you are protected in a particular state and then find out later, when sued, that your records are not that protected from preying eyes after all.

Another key lesson I learned is it is much easier to use the entity instead of your own name and address from the very start and get it on the dead when you purchase a property or business, rather than have an attorney later try to fix it, after some damage is already done.

Listen carefully what these attorneys are saying….

5 STATES CUTTING PROPERTY TAXES TO ZERO

SPEAKER MIKE JOHNSON DELIVERS REMARKS AFTER GOVERNMENT SHUTDOWN ENDS

Please, please everyone watch this. We need to know the TRUTH. Remember that I am a democrat and I am ashamed at what my party did to this country not just the shutdown but over the last four years of the Biden administration.

TRUMP SIGNS FUNDING BILL, ENDING GOVERNMENT SHUTDOWN

FETTERMAN IS ACTUALLY DOING IT…

Fetterman says his democrat party crossed the RED LINE with the demands in closing down the government. He says these people are lunatics. Watch, he is about to switch to the Republican party. The writing is on the wall in fact he many have done it already before I can finish this Newsletter.  

LAWYER REACTS TO JAN 6 REVELATION REPORT: POTENTIALLY ‘INSIDE JOB’

Christina Bobb, reacted to investigative reporter Steve Baker’s report alleging the January 6th pipe bomber may have been a woman and possibly an “inside job.” of course it was. it was an event created in yet another attempt to disqualify Trump from ever running for president again. Just by looking at the first 10 months of his administration we can see why the deep state wanted him out so bad. Their plan did not work and is backfiring on them. The TRUTH will be exposed. But who is mainly responsible and brainstormed the plan?

ILHAN OMAR IMPLICATED IN $250,000,000 FRAUD RING.

Yipes! That a lot of mulla!

AFP: SUDANI COALITION ACHIEVES MAJOR VICTORY IN IRAQI ELECTIONS

Agence France-Presse reported on Wednesday that the coalition of Iraqi Prime Minister Mohammed Shia al-Sudani achieved a major victory in the parliamentary elections held on Tuesday.

An official close to the Prime Minister told   AFP   that the Development and Reconstruction bloc had achieved a remarkable success, while two other sources indicated that the list had won the largest parliamentary bloc with nearly 50 seats or more.

Sudani has emerged as a major political force in Iraq since coming to power three years ago, with the support of the Coordination Framework Alliance, which includes Shiite parties and factions close to Iran. This success comes in the context of a tense political landscape, where different blocs are seeking to form alliances to secure a stable parliamentary majority.

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SUDANI COURTS TRUMP: I WILL VISIT WASHINGTON WITH 50 IRAQI BILLIONAIRES

The newspaper quoted the Iraqi Prime Minister Mohammed al-Sudani as saying that the Iraqi people have reached a point where they can no longer tolerate conflict, wars, and all these calamities.

Al-Sudani said that Iraqis want stability,security, and development, according to his government’s desire to establish a balanced political and economic approach that focuses on rebuilding the state and restoring citizens’ trust.

Al-Sudani indicated that any path that can enable the factions to move towards political or economic action and then relinquish weapons is a good and acceptable solution through their gradual integration into life

snippet from the article https://www.nytimes.com/2025/11/11/world/middleeast/iraq-parliamentary-election-vote.html

Mr. al-Sudani presents himself as the ideal candidate for balancing between Iranian and American interests. He recently oversaw deals for Chevron and Exxon to develop oil fields in Iraq. In an apparent gesture to Mr. Trump, he wrote an essay in The New York Post promoting Iraq as an investment partner. He told The Times he would bring 50 Iraqi billionaires to Washington next month for an “Invest in America” conference, to show “harmony with President Trump’s course.”

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THE FRAMEWORK OUTLINES THE FORMATION OF THE IRAQI GOVERNMENT AND AWAITS AL-SADR’S STANCE ON A SECOND TERM.

It appears that the coordinating framework that includes the ruling Shiite political forces in the country, which secured the highest number of votes in the recent parliamentary elections, is seeking to resolve the formation of the next Iraqi government as quickly as possible and before the end of the constitutional deadlines specified in this regard.

However, there are some obstacles that may prevent progress in these efforts, most notably the issue of appointing a new prime minister, or proceeding with renewing the second term of the current Prime Minister, Mohammed Shia Al-Sudani, who topped the lists of candidates in obtaining the highest number of votes.

In this regard, a source within the framework revealed details of a meeting held by the Coordination Forces on Wednesday evening following the announcement of the preliminary results of the parliamentary elections. The attendees discussed some topics related to the elections and the distribution of tasks according to electoral and political weight, according to a well-informed political source.

The source explained to Shafaq News Agency, “The leaders of the framework forces held their first meeting last night after the announcement of the preliminary parliamentary election results, where important topics were discussed, including reaching an understanding on forming the government, determining the identity of the next Prime Minister, and the shape of future alliances.”

He added that the framework “set the general and specific guidelines for the political process in the country, without exceeding the constitutional deadlines, and it is keen to complete the government system before the specified dates,” noting that the issue of the premiership will be decided soon, especially since the initial results revealed the political and parliamentary weights of the framework’s forces and the overall coalition for managing the state.

The source did not rule out granting Al-Sudani a second term unless one of the influential forces moves against it, in reference to the position of the leader of the State of Law Coalition, Nouri Al-Maliki, adding that “most of the forces of the framework attended the meeting with the exception of the current Iraqi Prime Minister.”

He explained that the identity of the next prime minister will be determined after the legal ratification of the election results.

He concluded by saying that “the meeting also discussed the issue of understanding with those boycotting the elections (the Shiite National Movement led by Muqtada al-Sadr) and their role in the next stage, and knowing their position on the second term.”

On the ninth and eleventh of November, Iraq held special and general voting in the parliamentary elections for the sixth parliamentary session, as part of a democratic practice in the political process that emerged after 2003 through the overthrow of the former Baath regime by the forces of the United States of America and its allies.

On Wednesday evening, the Independent High Electoral Commission of Iraq announced that the “Reconstruction and Development” alliance, led by Mohammed Shia al-Sudani, had made significant progress in the preliminary results, achieving 1,317,346 votes in 12 out of 18 governorates. The Progress Party, headed by former Speaker of Parliament Mohammed al-Halbousi, came in second, and the State of Law Coalition, led by former Prime Minister Nouri al-Maliki, came in third.

Regarding the Shiite Coordination Framework forces, the Reconstruction and Development Alliance of Sudani won 45 parliamentary seats, followed by the State of Law Coalition led by Nouri al-Maliki with 30 seats, and the Sadiqun Bloc led by Qais al-Khazali with 26 seats, while the Badr Bloc led by Hadi al-Amiri won 19 seats, and the State Forces led by Ammar al-Hakim won 18 seats.

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SUDANI TO THE EUROPEAN UNION: WE HAVE SUCCEEDED IN RESTORING THE PEOPLE’S TRUST AND WE ARE ADOPTING A REFORM PROJECT.

Prime Minister Mohammed Shia al-Sudani expressed his gratitude on Thursday for the European Union’s efforts in monitoring the elections, stressing the success in restoring the people’s trust and adopting a reform project aimed at continuing reconstruction, building and development. 

The Prime Minister’s office said in a statement received by Mail that “Prime Minister Shia al-Sudani received today the European Union Ambassador to Iraq, Mr. Clemens Zimmtner,” indicating that “the meeting witnessed discussions on strengthening and developing relations within the framework of cooperation between Iraq and the European Union by activating the provisions of partnership agreements and memoranda of cooperation, especially in the areas of investment, trade, energy and environment issues, in a way that achieves the interests of both parties in facing common challenges.” 

Al-Sudani said, “We thank the European Union for its efforts in helping Iraq monitor the elections, which were conducted smoothly and with an increased turnout, indicating the government’s success in restoring the people’s confidence in the political system. He pointed out that the government has adopted a reform project aimed at continuing reconstruction, building, and development, and meeting the demands of the Iraqi people.” 

Al-Sudani called on European companies to “participate in the development road project, by increasing cooperation and supporting the project, noting the importance of lifting the flight ban between Iraq and the European Union countries, as it constitutes an obstacle to the development of tourism and trade between the two sides.” 

For his part, the European Union Ambassador congratulated the Prime Minister on the successful holding of the parliamentary elections, praising the Iraqi government’s policy of avoiding the conflicts and wars that the region has witnessed, as well as its efforts in achieving economic and security reform and the water management file.

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AL-HASHEMI: THE FORMATION OF THE GOVERNMENT WILL NOT BE DELAYED MUCH LONGER… AND THE NEXT STAGE IS A TEST OF THE ECONOMIC REALITY.

Amid a complex regional situation and increasing economic and political pressures, Iraq held parliamentary elections described as the most sensitive since 2003, as they came at a stage in which the features of the region are being redrawn between the major decision-making capitals, and under the eyes of international observers who were watching to see if the Iraqi democratic experiment was able to withstand the accumulating crises.

Despite the security and economic challenges, the electoral process proceeded smoothly overall, with a turnout described as stable, at a time when expectations were rising regarding the shape of the next government and its political composition.

Political analyst and director of the Baghdad Today news agency, Saif al-Hashemi, said that “the initial results announced by the commission were 75 percent in line with the political estimates and readings that preceded the elections, which reflects a state of relative stability in the voters’ orientations.”

He added that “the outlines of the next government are drawn up in advance, and the expected disagreements will not be about the nature of the formation as much as they will be about the selection of personalities within the ministries,” stressing that “the next government will be more of a consensus government than a majority government.”

Al-Hashemi explained that “the upcoming challenges facing the government will be primarily economic, including rebuilding infrastructure, improving living standards, and supporting the Iraqi dinar, while maintaining balance in Iraq’s regional and international relations.”

In this context, the Independent High Electoral Commission announced today, Wednesday (November 12, 2025), during a press conference followed by Baghdad Today, that the manual counting and sorting operations were identical to the electronic results by 99.93 percent, confirming that the Reconstruction and Development Coalition, led by Prime Minister Mohammed Shia Al-Sudani, topped the results in a number of governorates, including Babylon, Karbala and Basra, as the most prominent political force in the current electoral scene.

In contrast, the Azm Alliance, led by Muthanna al-Samarrai, emerged as one of the new rising forces after achieving remarkable results in Baghdad, Nineveh, and Anbar, indicating a shift in the balance of competition within the traditional Sunni camps, and giving Azm an advanced position in the negotiations to form the next government.

Al-Hashemi concluded by saying: “We congratulate the winners, and we congratulate the Iraqi people on this stable experience, and we hope that tomorrow will be better than today, and today better than yesterday.”

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THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM.

Research and writing by: Dr. Subhi Jabara

The Central Bank of Iraq has officially confirmed that it is moving forward with its long-awaited “zero-zero” project, a massive financial reform that will fundamentally reshape the country’s economy and its standing on the global stage.

In a series of statements, the Central Bank Governor emphasized that the project is not mere speculation but a concrete initiative that has generated considerable enthusiasm and interest in international financial circles. This ambitious project aims to rename the Iraqi dinar by removing three zeros from its nominal value to better reflect the country’s growing economic strength. This move, which has been the subject of rumors for years, is currently under active development, with comprehensive studies and simulations having been completed. According to the Governor, the process will be gradual and meticulously planned to ensure financial stability while unlocking the currency’s true potential. 

For years, the Iraqi dinar has suffered from a decline in its nominal value as a result of decades of conflict and economic instability. The current exchange rate, hovering around an unofficial rate of 1,415 dinars to the US dollar, forces citizens to carry large amounts of cash for their daily transactions and complicates international trade and investment. The “zero-zero” project was designed to address this problem by simplifying the currency and aligning it with the country’s strong economic fundamentals, including robust oil revenues, expanding gold reserves, and deepening trade partnerships with global powers such as China, the United States, and the European Union. While the Central Bank has been careful not to commit to a specific timeline, the confirmation that the project has begun marks a pivotal moment for Iraq. This represents a transition from post-war recovery to a new era of economic independence.

Signs of Reform: How Will “Removing Zeros” Work?

The phrase “removing zeros” may sound alarming, but it is a standard monetary policy tool known as currency revaluation. It is not a confiscation of wealth, but rather a recalibration of the currency’s nominal value. In essence, 1,000 old Iraqi dinars will become 1 new dinar. Crucially, all prices, wages, and savings will be adjusted proportionally, ensuring that individuals’ purchasing power remains stable at the moment of the shift. The real shift occurs in the subsequent adjustment of the exchange rate.

The Central Bank has developed several scenarios, with internal studies predicting that the floating dinar could stabilize automatically at a value in the distant future between 3.22 and 4.25 dinars to the dollar. The governor clarified that these figures are not a declared rate but rather an indicator of the currency’s potential if it is allowed to float freely based on market demand and Iraq’s economic fundamentals. Two main paths are being considered for the next phase.

Economists close to the central bank indicate that both options remain on the table. The choice will depend on the government’s strategic priorities, whether it favors a gradual, market-driven adjustment or a swift and decisive reset.

Either path would trigger one of the most significant currency transformations in the modern Middle East. The economic driver: Why is now the right time for a stronger dinar? The timing of this reform is not coincidental. The Iraqi economy is at an evolutionary turning point. The country’s fiscal position has steadily improved, driven by several key factors: Strong oil revenues: As a leading producer in OPEC, Iraq’s steady oil revenues provide a stable foundation for its economy and strong support for its currency. Growing gold reserves: The central bank is actively expanding its gold reserves, a traditional safe asset that enhances monetary stability and international credibility. Deepening trade partnerships: Iraq has developed strong trade relations with major global economies, including China, the United States, and the European Union, diversifying its economic interactions and reducing its dependence on any single partner. Despite this strength, the nominal value of the dinar has been lagged, widening the gap between the official exchange rate and its true value. Each time Iraq’s GDP grows or its foreign reserves increase, this discrepancy becomes more pronounced.

The “zero-zero” project is the mechanism to close this gap, allowing the currency to finally reflect the country’s true wealth and economic progress. This reform is expected to have profound global implications. Revaluing the Iraqi dinar would:

• Boost regional investment: A stable and strong currency would make Iraq a more attractive destination for foreign investment, thereby fostering economic growth throughout the region.

• Reduces dependence on the dollar: By re-pegging its currency into a diversified basket of currencies or commodities, Iraq can reduce its reliance on the US dollar for oil settlements, a move with significant geopolitical implications.

• Inspires monetary reform: It could inspire neighboring economies to reassess their monetary structures, potentially triggering a wave of fiscal modernization across the Middle East. For Iraq itself, this is more than just an economic adjustment; It is a step toward a historic fiscal renaissance, signaling Iraq’s transition from post-war recovery to a future of economic independence and self-determination. A new chapter for Iraq: The way forward.

The central bank governor has emphasized that this reform is not a rash or hasty move; Every step is carefully measured, documented, and designed to maintain stability and public confidence. While the precise implementation timeline remains confidential, the confirmation that the project has begun and the preliminary studies are complete indicates that implementation is closer than ever. When the reform takes place, whether through a gradual float or a sudden restructuring, it will permanently alter Iraq’s fiscal identity.

The phrase “removing zeros,” as simple as it sounds, represents one of the most ambitious and complex financial engineering projects in the country’s modern history. The central bank is not just changing numbers; It is redefining how Iraq interacts with the global economy. The world is watching closely. The potential shift in the dinar’s value, with projections ranging between 3.22 and 4.25 to the dollar, has captured the attention of investors, economists, and governments worldwide. This is not just an economic story; it is history in motion. As Iraq stands on the precipice of this financial transformation, the message is clear: the nation is ready to transcend its past and write a new chapter of prosperity and strength.

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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

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:

November 11, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you WOW! WOW! WOW! fantastic news. Opps it’s happened again….

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

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Proverbs 11:24-25: 

“One gives freely, yet grows all the richer; another withholds what he should give, and only suffers want”

More news….

AL-SAABRI: THE NEXT PARLIAMENT IS REQUIRED TO LEGISLATE THE OIL AND GAS LAW.

MP Hussein al-Saabri affirmed on Saturday that the upcoming parliament is required to overcome all political differences and proceed with enacting the oil and gas law, as it is one of the most prominent pieces of legislation postponed from previous sessions.  

Al-Saabri told the Information Agency that “engaging the law will establish a clear legal framework for managing oil and gas resources and guarantee the rights of all parties, thus enhancing fairness in revenue distribution and reducing ongoing disputes.”  

He added that “postponing the law over the past years has negatively impacted the national economy and led to continued disagreements regarding oil management and export,” explaining that “the next phase requires genuine political will to resolve this vital issue, which is directly linked to the state budget and its economic stability.”

More news….

IRAQ’S FOREIGN CURRENCY RESERVES RISE BY MORE THAN THREE BILLION DOLLARS

The Central Bank announced on Saturday that its foreign currency reserves had increased by more than three billion dollars by the end of September.

The bank said in an official statistic seen by Shafaq News Agency that “foreign reserves at the Central Bank until the 30th of September of this year amounted to $98.155 billion, equivalent to 127.601 trillion Iraqi dinars, an increase of $3.514 billion compared to August, in which reserves amounted to $94.641 billion, or equivalent to 123.033 trillion dinars.”

He added that “these reserves also increased compared to July, when they amounted to $94.714 billion, equivalent to 123.128 trillion dinars.”

He also pointed out that “these reserves have decreased compared to last year, 2024, when they amounted to $100.276 billion, or the equivalent of 130.347 trillion dinars, and are lower than in 2023 when the reserves amounted to $111.736 billion, or the equivalent of 145.257 trillion dinars.”

IRAQ’S GOLD RESERVES ARE APPROACHING 171 TONS, MAINTAINING ITS 29TH POSITION GLOBALLY.

The World Gold Council confirmed on Thursday that Iraq’s gold reserves have reached nearly 171 tons, maintaining its position among the world’s largest holders of gold reserves.

In its November report, the Council stated that Iraq did not purchase any gold during the first seven months of 2025, yet it still maintained its 29th position globally out of 100 countries in terms of gold reserves. The report indicated that Iraq’s gold reserves amounted to 170.9 tons, equivalent to 21.6% of its other foreign currency reserves. This places Iraq fourth among Arab countries, after Saudi Arabia, Lebanon, and Algeria, in terms of gold reserves.

The Council noted that the United States leads the list of the world’s largest gold holders with 8,133 tons, followed by Germany with 3,350 tons, and Italy with 2,451 tons. Trinidad and Tobago and Haiti hold the smallest reserves, at 2.0 and 1.8 tons respectively.

(yes, more bragging rights… lol.. lol.. lol.. )

STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

________________________________________

So what is all the GOOD NEWS? What just happened yesterday?

Again everything that I am about to tell you today has been confirmed with my CBI contact last night on a call to Iraq. So this is not some intel gury bullshit but FACTUAL information and I need all my blog followers and all you newbies to pay attention.

For years (decades) we have been waiting for the revaluation of the Iraq dinar and to see the IQD once again reinstated on FOREX. I am here today to tell you this is about to happen and happen much sooner than you may conprehend. But stilll we must not do one of these knee-jerk reactions and get stupid with this information. We must still be patient and wait for it. Yes, wait for it….wait for it… wait for  it. Remember Kim Clements prophecy about the Iraqi dinar? Remember what he said?

😊 Let’s continue today by breaking down a recent article that came to us yesterday. It is titled “THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM.” The author is Dr. Subhi Jabara. If you listen to my audio commentary, when you clicked on the Latest Newsletter, you will hear all about his credentials. He is a famous economist and not some dummy. Yes, he is not a stupid intel guru making stupid everyday / any day claims of an RV (reference TNT Tony, Bruce and other idiots).

So, what exactly is this article? My CBI contact told me it is an integral part of the educational process leading up to the FOREX reinstatement. If you read the article you will clearly hear words that tell us there is more to the removing the zeros than just removing the zeros, as Jabara tells us it is going to lead global trading of the dinar as the IQD once again.

Okay, so he doesn’t come right out and say IQD but we can clearly see what he means when he says the following statement, and I quote- “The real shift occurs in the subsequent adjustment of the exchange rate. The Central Bank has developed several scenarios, with internal studies predicting that the floating dinar could stabilize automatically at a value in the distant future between 3.22 and 4.25 dinars to the dollar.”  And then also “This represents a transition from post-war recovery to a new era of economic independence.”

Folks these two statements (and more) represent everything I have been telling you for many years but many of you would rather listen to some jerk intel gurus. Where do they come from? All I can say is I told you so!

So, lets break down these two statements. The first one tells of a shift. It says the “real shift occurs in the subsequent adjustment of the exchange rate” Simply put, this “real shift” is the move to FOREX, the reinstatement not just removing the zeros. As I have been telling you all along this project to delete the zeros is a three step process. First is to switch out the notes to the newer lower denominations, second is to watch for inflation and the third step is the reset or reinstatement back to FOREX market. By them making the statement “This represents a transition from post-war recovery to a new era of economic independence”, tells us also that Iraq is finally moving FULLY out of the sanction mode caused by the two gulf wars, even though they have been technically cleared of all UN Chapter VII sanctions since December 2022. Yes, finally it is happening. I told you the pressure and growth of the economy would do it and it is doing it.

Next in the article, Jabara even uses the term “nominal rate” as in going back to a nominal rate reflecting the true value of the Iraqi dinar. Come’ on folks, have I not been telling you all along that they have been artificially suppressing the dinar? Yes, nominal rate is a real IMF term used to describe a currency when it is fairly revalued according to the economy and assets of a country. Just so you know I actually heard many of these stupid, ignorant intel gurus out there tell their audience there is no such term and someone just made it all up. Really? They even mentioned my name Mnt Goat. Now we get the truth and it is in writing. No debates now, just as I have told you. No lies or deception either. It is the words from Iraq not me. So, next let’s look at the evidence of this in the article today and I quote “Despite this strength, the nominal value of the dinar has been lagged, widening the gap between the official exchange rate and its true value.” Oops there is it “nominal value”, the TRUE VALUE. I rest my case….

Okay now that I settled these issues, let’s get down to the nitty gritty of the article. Yes, there is more and this news that reinforces everything I have been telling you for the last decade. Remember the 2011 Dr Shabibi / IMF plan? There are three steps. The plan calls for getting off the sole peg to the US dollar and on to a re-peg of a basket of currencies. Now let’s see what they just told us in today’s article in this regard, and I quote from the article – “Reduces dependence on the dollar: “By re-pegging its currency into a diversified basket of currencies or commodities, Iraq can reduce its reliance on the US dollar for oil settlements, a move with significant geopolitical implications.”  How sweet it is…lol..lol..lol.. I told you so many times! I want everyone to think about what was just said. Then think back on one of my Mnt Goat Newsletters when I talked about Iraq getting off the petro-dollar and doing it sooner than most believe. It’s all connected. Oh… but some of my readers had to argue with me and tell me this would never happen or happen decades from now. Really?

I also said at that time it would not happen until after the repegging and the reinstatement occurs. Well…. now this article just told us, as I have been telling you that this step is about to occur too, but not under the suppressed rate and sole peg. How can it? These changes according to Dr Shabibi’s plan must first occur. Get it? They must get off the dollar as they were put on the dollar for the sanctions to occur. Get it? Now they are going to move on from the sanctions altogether too bad there was such a lag from 2022 until now. Did it take Trump to make sense of it all and get the ball rolling? Get it? Please stop arguing with me and listen to me.

I also now want to talk about a FLOAT. In a couple of the recent past articles they said there would not be a float. Dr Shababi’s plan calls for a float but ONLY after the reinstatement. These past couple article were concerned about a float while still under the sole peg to the dollar and still under a suppressed rate and not yet on FOREX. Get it? So, today they are referring to a float, under the new peg, no longer suppressed as one of the two options going forward. So, they are referring to a FOREX float, if they do it. Get it?

Next, I need to talk about the potential new rate when it does reinstate back on FOREX. Folks, I said it many times that it is only when the IQD gets reinstated that we will see the kind of rate we all want and then we can go to the bank. Really who the hell cares what the rate is under the removing of the zeros, just as long as they do remove them and issue the newer lower denominations. This is why the third step to the DR Shabibi plan is so important to us investors. I watch so many of these so-called intel gurus get all excited about the removing the zeros and expecting these kind of high rates as a result. Not going to happen. I already explained clearly how the rate will be affected by removing the zeros. But it won’t stop there as the rate will shift dramatically when the reinstatement occurs. Here is yet more tid bits from today’s article about this and I quote again – “The world is watching closely. The potential shift in the dinar’s value, with projections ranging between 3.22 and 4.25 to the dollar, has captured the attention of investors, economists, and governments worldwide”

Let’s talk purchasing power in Iraq

😊There is an interesting article about the coming purchasing power of the dinar. It is titled “WHAT COMES AFTER PURCHASING POWER AND FAIRNESS IN BUILDING THE ECONOMY? – IYAD AL-ANAZ”  It says “the economy is a cornerstone of the modern civil state and a key driver in achieving the principles of sustainable community development and maintaining a balance between economic growth and the effective management of natural resources to ensure their sustainability for future generations”. Okay, so we know already that Iraq took so long to get where they are today since they had to pay off the UN sanctions first, then to rebuild the economy to the extent they have now. it took a good prime minister to do it too. Now can they sustain it when they publish the new rate. They already told us there will NOT be a change in purchasing power in the process of removing the zeros, so this article must be about post RV and in the aftermath of the reinstatement. I believe that this is what is behind this article today. So, this article seems to already be on the new page of after the fact meaning they are preparing the citizens telling them about sustaining the new rate later even after all the three steps to get to the dinar reinstatement are done. It is a reassurance in the process about to take place. They must continue the efforts to rebuild the economy move forward even after their purchasing power is increased post reinstatement / revaluation. Interesting….. 😊 In other words for most of us investors in the dinar it ends, but for the citizens of Iraq there is still much work to be done to sustain their new rate on FOREX.

I will end this dive into this recent article today and encourage everyone to go read the entire article your yourself. Still doubt this RV is about to happen? Folks, how many more juicy articles educating us do you need? When will you wake up. The RV is here but not yet and it is still in the final part of the final stage before it pops out.

What else did my CBI contact tell me yesterday?

First, I need to remind everyone that it is ONLY through your generous appreciation of my Newsletter that I am able to make these lengthy and costly calls to the middle east. Thank You for all your help in this matter.

My Contact told me yesterday that pictures of the newer lower denominations have been presented in a high-level meeting with the press involved, but that the press was asked not to publish the pictures until the new CBI site reflected them. She said there may be some agents of the press that leak them out and are not supposed to. This news tells me we are extremely close to this event, as they previously told me they would not publish the pictures until they were close to the event due to the risk of counterfeiting.

She also told me that we can expect yet more educational articles from the news on how to conduct the switch out of the notes and other miscellaneous articles about changing prices, contracts, etc. due to the new rate.

I know there are many more articles of the news that I can review today too, but this commentary is already too long and so I will leave it to you to go to the Articles Section and snoop around and sneak a peak at them. It is all still very good news all around. I will conclude with another quote from today’s main article – “For Iraq itself, this is more than just an economic adjustment; It is a step toward a historic fiscal renaissance, signaling Iraq’s transition from post-war recovery to a future of economic independence and self-determination. A new chapter for Iraq: The way forward.”

Q & A

Question from Kenneth Dorough:

Hi Mtn Goat,

We appreciate all that you do for us. I need to get this through my head correctly. I’ve read all that you have said about the deletion of the zero’s. From what I’ve been told by my banker is that if the zeros are removed from the bank notes and if you have 10 mil. in Iraqi dinar. Then when Iraq removes the zeros the 10 mil. will be reduced to 10K when we exchange. So if you have 10 mil. in Dinar and the value increases to 3.20 when it goes back to FOTEX. My banker has said when they remove the zeros instead of 32,000,000 mil. it would actually be 32,000, because the bank would automatically remove the zeros from the nominal bank notes of 25,000 to reflect the new nominal value of 25.00. Why wouldn’t this be considered a lop? Are the bank associates wrong with what they’re stating? You have a differ scenario of what will happen. What is the truth concerning this issue. If my banker tells me that they will remove the zeros when I exchange would you feel they are lying or telling me what will happen?

Answer from Mnt Goat:

Guten Tag Mr Dorough, es ist ein wunderbarer Tag! I do not care what your banker told you as I only know what the Central Bank of Iraq has told the people of Iraq many times. I will refer you to the following link and link. Go read it. Sorry I am not about to rehash this stuff all over again as I already did it a thousand times. I am trying to be nice, but I do have links in my blog for this very purpose. I would not lie to you and so please go snoop around and read. The currency notes we hold will be VALID notes at face value. The CBI has told us this over and over again. You take the face value times the FOREX rate and that is the dollar amount you should expect on the exchange. They will also do the same in Iraq when they bring them to the bank only their rate is an in-country rate of 1 dinar to about .75 cents x the note face value (not yet on FOREX) unless they change their strategy.

Once on FOREX Hypothetical Example: 25,000 dinar note x 4.25 rate = $106,250 USD. Yes, your banker does NOT know what he/she is talking about. Good Luck in your exchange! 😊

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not? Will the reinstatement follow? Will you be rich?

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

______________________________

________________________________________

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“The 2024 Election Did Not Save Your Nation”

You can start watching the video at the 13:50 mark.  From  Nov 3^rd.     

Again she talks about the “angel of death”.

_________________________________________________________

SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

HOW TO LOOK PENNILESS IN THE PUBLIC RECORD

Today we’re diving into why it’s crucial for real estate investors, stock investors, business owners, and wealth builders to appear “penniless” in the public record. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here 👉 https://aba.link/i93

How an LLC can actually work against you.  

Don’t have your personal name or address in any public record.

Are offshore assets or accounts really protected?

Are vortex trusts a scam for tax protection?

Don’t misuse a legal entity and take it to extraordinary measures, it won’t work.  

I really, really, really encourage everyone to watch this video and learn from it.

Now I know that many of you may have already researched getting a LLC or a Trust to protect your money against creditors and reveres law suits. But after watching this video today I feel you can learn even more and that there are some caveats that can really work to your benefit all depending upon the state you file your entity in. It’s just a matter of working with your attorney and help to guide them on what you want.

Basically, it all amounts to how much privacy a particular state is willing to give for a legal entity. Attorneys can research this for you but you have to find a good one willing to do it for you. What I am saying is you may think you are protected in a particular state and then find out later, when sued, that your records are not that protected from preying eyes after all.

Another key lesson I learned is it is much easier to use the entity instead of your own name and address from the very start and get it on the dead when you purchase a property or business, rather than have an attorney later try to fix it, after some damage is already done.

Listen carefully what these attorneys are saying….

5 STATES CUTTING PROPERTY TAXES TO ZERO

LAWYER REACTS TO JAN 6 REVELATION REPORT: POTENTIALLY ‘INSIDE JOB’

Christina Bobb, reacted to investigative reporter Steve Baker’s report alleging the January 6th pipe bomber may have been a woman and possibly an “inside job.” of course it was. it was an event created in yet another attempt to disqualify Trump from ever running for president again. Just by looking at the first 10 months of his administration we can see why the deep state wanted him out so bad. Their plan did not work and is backfiring on them. The TRUTH will be exposed. But who is mainly responsible and brainstormed the plan?

ILHAN OMAR IMPLICATED IN $250,000,000 FRAUD RING.

Yipes! That a lot of mulla!

MAMDANI WILL MAKE DE BLASIO’S REIGN LOOK LIKE THE ‘GOLDEN AGE’

We just experienced an election for mayor in NYC and the candidates were again a vote for the least of the two evils. Unfortunately, the evilest one won. Yes, Mamdani won the election and New Yorkers just shot themselves in the foot although they are stupid enough not to know it.

In NYC 1% of the population pays 40% of the income tax. NYC is in for an exodus and who is going to pay for all these Mamdani FREEBIES. Will he be forced to betray his voters?

THE MASK COMES OFF AFTER ELECTIONS

Once elected, the mask comes off. Of course, the mask was always off but many refused to listen. Remember the snake eye in Biden and the voice when he approached the microphone? The prophets told us this was Satan entering his body. Now we see Mamdani and the same but his is screams. We will soon see what all the screaming was about.

UNDERSTAND HOW IRAQ’S NEIGHBOR, IRAN, HOW IT BECAME SO DANGEROUS TO THE GLOBAL COMMUNITY

I would recommend anyone who is invested in the Iraqi dinar or Iranian Toman/Rial to watch this video. It can give you an understanding of the relationship between Iraq, Iran and the United States. This might help you understand more the cause of the breakdown of the relationship between the U.S. and Tehran. I think it’s a well-done presentation worth watching to understand why Iran wants a proxy control over Iraq. As long as the current Iranian regime is in power, we will NEVER have peace in the middle east.

‘BIGGEST COVERUP IN AMERICAN PRESIDENTIAL HISTORY’

Findings of oversight committee hearings are out. Forwarded to justice department for further investigation and possible indictments. Many of Biden’s Executive Orders and Pardons might all be voided. Almost every week we hear about another explosive coverup or scandal by this Biden presidency.

MORE INFORMATION: OPERATION “ARCTIC FROSTBITE”

THE JUSTICE DEPT TO TAKE ACTION AFTER BLISTERING AUTOPEN REPORT

BIDEN CONTROVERSY BREAKS SILENCE ON BOMBSHELL AUTOPEN REPORT

Multiple prophets tell us from God that there was an actor(s) in the presidency instead of the real Joe Biden. Joe as died way before the election occurred. The dems has no other plausible candidate for president and continued down the road with a ‘fake’ Biden. As we watch this autopen scandal unfold, I believe it may be the key to unraveling the entire shenanigans about his presidency and how they fooled the American people.

FBI OPERATION ‘ARCTIC FROSTBITE’

What charges were there to justify such actions by Jack Smith. Spying on senators and congressmen at least 430 that we know now and all republicans? Also the way he went after Donald Trump and many of his associates. There needs to be accountability and justice over this abuse of power. Are the republicans strong enough in will to follow through and demand justice? Or are we just going to spend millions again of tax payer money in another investigation and no one is accountable?

THE IRAQI DINAR WITHOUT ZEROS: THE CENTRAL BANK OF IRAQ LAUNCHES A HISTORIC REFORM.

Research and writing by: Dr. Subhi Jabara

The Central Bank of Iraq has officially confirmed that it is moving forward with its long-awaited “zero-zero” project, a massive financial reform that will fundamentally reshape the country’s economy and its standing on the global stage.

In a series of statements, the Central Bank Governor emphasized that the project is not mere speculation but a concrete initiative that has generated considerable enthusiasm and interest in international financial circles. This ambitious project aims to rename the Iraqi dinar by removing three zeros from its nominal value to better reflect the country’s growing economic strength. This move, which has been the subject of rumors for years, is currently under active development, with comprehensive studies and simulations having been completed. According to the Governor, the process will be gradual and meticulously planned to ensure financial stability while unlocking the currency’s true potential. 

For years, the Iraqi dinar has suffered from a decline in its nominal value as a result of decades of conflict and economic instability. The current exchange rate, hovering around an unofficial rate of 1,415 dinars to the US dollar, forces citizens to carry large amounts of cash for their daily transactions and complicates international trade and investment. The “zero-zero” project was designed to address this problem by simplifying the currency and aligning it with the country’s strong economic fundamentals, including robust oil revenues, expanding gold reserves, and deepening trade partnerships with global powers such as China, the United States, and the European Union. While the Central Bank has been careful not to commit to a specific timeline, the confirmation that the project has begun marks a pivotal moment for Iraq. This represents a transition from post-war recovery to a new era of economic independence.

Signs of Reform: How Will “Removing Zeros” Work?

The phrase “removing zeros” may sound alarming, but it is a standard monetary policy tool known as currency revaluation. It is not a confiscation of wealth, but rather a recalibration of the currency’s nominal value. In essence, 1,000 old Iraqi dinars will become 1 new dinar. Crucially, all prices, wages, and savings will be adjusted proportionally, ensuring that individuals’ purchasing power remains stable at the moment of the shift. The real shift occurs in the subsequent adjustment of the exchange rate.

The Central Bank has developed several scenarios, with internal studies predicting that the floating dinar could stabilize automatically at a value in the distant future between 3.22 and 4.25 dinars to the dollar. The governor clarified that these figures are not a declared rate but rather an indicator of the currency’s potential if it is allowed to float freely based on market demand and Iraq’s economic fundamentals. Two main paths are being considered for the next phase.

Economists close to the central bank indicate that both options remain on the table. The choice will depend on the government’s strategic priorities, whether it favors a gradual, market-driven adjustment or a swift and decisive reset.

Either path would trigger one of the most significant currency transformations in the modern Middle East. The economic driver: Why is now the right time for a stronger dinar? The timing of this reform is not coincidental. The Iraqi economy is at an evolutionary turning point. The country’s fiscal position has steadily improved, driven by several key factors: Strong oil revenues: As a leading producer in OPEC, Iraq’s steady oil revenues provide a stable foundation for its economy and strong support for its currency. Growing gold reserves: The central bank is actively expanding its gold reserves, a traditional safe asset that enhances monetary stability and international credibility. Deepening trade partnerships: Iraq has developed strong trade relations with major global economies, including China, the United States, and the European Union, diversifying its economic interactions and reducing its dependence on any single partner. Despite this strength, the nominal value of the dinar has been lagged, widening the gap between the official exchange rate and its true value. Each time Iraq’s GDP grows or its foreign reserves increase, this discrepancy becomes more pronounced.

The “zero-zero” project is the mechanism to close this gap, allowing the currency to finally reflect the country’s true wealth and economic progress. This reform is expected to have profound global implications. Revaluing the Iraqi dinar would:

• Boost regional investment: A stable and strong currency would make Iraq a more attractive destination for foreign investment, thereby fostering economic growth throughout the region.

• Reduces dependence on the dollar: By re-pegging its currency into a diversified basket of currencies or commodities, Iraq can reduce its reliance on the US dollar for oil settlements, a move with significant geopolitical implications.

• Inspires monetary reform: It could inspire neighboring economies to reassess their monetary structures, potentially triggering a wave of fiscal modernization across the Middle East. For Iraq itself, this is more than just an economic adjustment; It is a step toward a historic fiscal renaissance, signaling Iraq’s transition from post-war recovery to a future of economic independence and self-determination. A new chapter for Iraq: The way forward.

The central bank governor has emphasized that this reform is not a rash or hasty move; Every step is carefully measured, documented, and designed to maintain stability and public confidence. While the precise implementation timeline remains confidential, the confirmation that the project has begun and the preliminary studies are complete indicates that implementation is closer than ever. When the reform takes place, whether through a gradual float or a sudden restructuring, it will permanently alter Iraq’s fiscal identity.

The phrase “removing zeros,” as simple as it sounds, represents one of the most ambitious and complex financial engineering projects in the country’s modern history. The central bank is not just changing numbers; It is redefining how Iraq interacts with the global economy. The world is watching closely. The potential shift in the dinar’s value, with projections ranging between 3.22 and 4.25 to the dollar, has captured the attention of investors, economists, and governments worldwide. This is not just an economic story; it is history in motion. As Iraq stands on the precipice of this financial transformation, the message is clear: the nation is ready to transcend its past and write a new chapter of prosperity and strength.

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WHAT COMES AFTER PURCHASING POWER AND FAIRNESS IN BUILDING THE ECONOMY? – IYAD AL-ANAZ

The economy is a cornerstone of the modern civil state and a key driver in achieving the principles of sustainable community development and maintaining a balance between economic growth and the effective management of natural resources to ensure their sustainability for future generations. 

Among the most important principles of a national economy are enhancing purchasing power, improving living standards, achieving social justice, and distributing wealth equitably among all members of society, regardless of their diversity or geographical location, thus fostering positive growth, progress, and prosperity.

A scientifically and administratively sound economy creates numerous opportunities for productive work, utilizes human resources, supports youth-led scientific innovation, and strengthens the social and economic stability of the people. It also empowers community solidarity initiatives to play their positive role in promoting human cohesion and mutual support, assisting needy and vulnerable families, and reducing economic and social disparities by providing equal and fair opportunities for all members of society. Furthermore, it ensures a clear and equitable distribution of resources and services, thereby addressing unemployment and increasing per capita income, which is the foundation for the advancement of the production process at an accelerating pace.

The economy is taking important paths to increase the state’s financial returns and not relying on a single source of production and export. Here I refer to setting the state’s financial budget criteria based on oil production as a single economic approach, rather than enhancing the skills to search for other sources by supporting economic development with key factors in the agricultural and industrial sectors, building strategic projects, supporting investments in all sectors and government institutions, and giving great importance to developing life in all its economic, social and cultural aspects. The effectiveness of exports remains of paramount importance in increasing the state’s financial revenues through financing sustainable community development, operating production plants and factories and supporting the private sector.

Economic development derives its importance from the factors involved in sustaining it through increasing national income within the state’s economic system and adopting successful methods and approaches to address unemployment and poverty phenomena by adopting sound foundations and successful initiatives to increase services provided to citizens and diversify job opportunities through a broad economic process and long periods of time capable of organizing economic projects and developing productive work skills among young people in order to achieve the goals of economic community development.

Economic forces, political tools, and social orientations take the economy as an important tool in strengthening the social structure of peoples and determining their future paths by drawing up the tools of their needs in aspects of progress and prosperity through many development programs, realistic ideas, research centers, and economic tools with a national approach that contributes to strengthening the spirit of giving and creativity among the sons of the nation and helps to support the mature youth thought that possesses the tools of change and reform towards building a cohesive society with a spirit of national belonging and continuous giving, reaching stages of advancement and elevation on the ladder of economic production and supply. 

The economy is the important tool that protects the independence of the country and contributes to strengthening its political decision, supporting social constants, and instilling a spirit of perseverance among the people to give broad horizons that enhance the bonds of cohesion and harmony in society.

Proper preparation for the use of means of production, support for the national economy, and containment of youth competencies are key factors that contribute to intellectual and urban development, solid construction, and establish the foundations of community work to protect the links of the pillars of the economic system that determine the paths and prospects of the future for future generations. It provides ample space for the establishment of production units of factories and plants and establishes an industrial and commercial renaissance that helps to support and reinforce orientations based on respect for the choices of the people and their national will, achieving their goals, and preserving the independence of their homeland, far from all the procedures, means, and plans that international and regional interests seek to use to dominate the destinies of free peoples, exploit their wealth, and control their future.

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HE CALLED FOR “AMERICA TO EMBRACE IRAQ”… AL-SUDANI SPEAKS OF FACTIONS IDEOLOGICALLY LINKED TO IRAN

“Let us join in America’s peaceful prosperity” – an article by a Sudanese writer published in an American newspaper

In an article published in the American newspaper “The New York Post,” entitled “Let’s join America’s peaceful prosperity – and help calm the Middle East,” Iraqi Prime Minister Mohammed Shia al-Sudani called for “America to embrace Iraq,” and spoke about factions in Iraq that are ideologically linked to Iran.

Below is the text of the article published by the newspaper and translated by “Al-Jabal”:

” The long wars, the war against terrorism, and the enormous sacrifices on both sides have left deep scars. But Iraq today is not the country it was twenty years ago.”

Our armed forces have become stronger, our institutions more mature, and thanks to cooperation with the United States and the international coalition, we are increasingly able to defend our sovereignty.

The gradual reduction of coalition forces is not a retreat but a reflection of Iraq’s growing confidence and willingness  to assume responsibility. This shift marks the beginning of a new era—an era focused on prosperity rather than mere survival.

Iraq now seeks a partnership rooted in economic opportunities: We need investment, jobs, and access to markets, while the United States offers leading expertise in technology, energy, and agriculture, along with unparalleled investment capacity.

By combining Iraq’s natural wealth with American innovation, both countries will benefit.

The recent agreements with companies such as Chevron and General Electric are not just contracts on paper; they represent real job opportunities, stronger infrastructure, and a more stable Middle East.

Iraq is a young country: 40% of our citizens are under the age of 15. This demographic reality can be either a powerful engine for growth—or fertile ground for despair.

If we provide education and employment, our youth will lead Iraq forward; if we fail, we risk exposing them to extremism. This is why Iraq seeks not aid, but investment—partnerships that generate sustainable opportunities.

Security in Iraq no longer depends on a permanent foreign presence, but rather stems from job opportunities, justice, and sovereignty. Extremism thrives where young people lack hope. To counter this, Iraq is working to secure its borders, cut off funding for terrorism, and ensure that weapons remain under state control.

These measures not only protect Iraqis, but also enhance Iraq’s role as a reliable partner in global security.

We have also chosen to be a bridge for dialogue rather than a battleground for conflict.

Iraq is cooperating with its neighbors to ease tensions and prevent regional crises that could once again attract external powers.

This reflects our vision of sovereignty:

Iraq as a stabilizing force, a supporter, and a contributor to peace.

In this effort, the United States remains a key partner – through diplomacy and continued support for Iraq’s stability.

Iraq has chosen the path of integration and constructive dialogue based on fair and mutual interests, and the pursuit of stability and shared prosperity.

Our relations with the United States are based on mutual respect and the principle of non-interference in internal affairs. Guided by these values, Iraq pursues a policy of constructive engagement with both its regional neighbors and the international community.

Iraq is a fully sovereign state, independent in its decisions, and guided solely by its national interests. We maintain balanced and legal relations with all countries.

While some Iraqi factions have ideological ties to Iran, we have worked to ensure that their activities remain strictly within the bounds of state authority.

Externally, we seek partnership; internally, we seek reconciliation.

We are working to resolve issues with the Kurdistan Region and to build trust among Iraq’s diverse communities by promoting a shared national identity, because a stable local foundation is the essential condition for successful international partnerships.

The measure of relations between the United States and Iraq should not be the number of American soldiers on our soil, but rather joint projects, trade, and opportunities available to both peoples.

The relationship that was defined by war must be redefined by prosperity.

We seek cooperation, not conflict. We prefer our steel to be used in the production of goods, not weapons.

The United States embracing Iraq as an investment and trade partner will give our neighbors tangible proof that peace is the best alternative to war. What Iraq envisions is a fair, balanced, and mutually beneficial partnership: a partnership in which Iraq assumes full responsibility for its security while the United States participates as an investor, economic partner, and ally.

This is not a call for charity, nor is it a call for a permanent military presence.

It is a call to build a mutually beneficial relationship that transforms the lessons of the past into the foundations for a better future. America has always been a leader in innovation and opportunity. Iraq is ready to keep pace with this leadership with its resources, its youth, and its determination.

Together we can redefine the relationship between the United States and Iraq—not as another chapter in an endless conflict, but as a story of prosperity built side by side.

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AMERICAN COMPANY KBR IS DESIGNING THE SECOND PHASE OF THE INTEGRATED GAS GROWTH PROJECT IN IRAQ.

ENKA Construction and Industry announced on Thursday that it has selected the American company KBR to provide detailed engineering design services for the second phase of the associated gas production project (AGUP2), within the Gas Growth Integrated Project (GGIP) managed by Total Energies along with its partners BOC and Qatar Energy, in Basra Governorate, Iraq.

The company said in a statement, which was reviewed by “Dijlah News”, that “the selection comes in the wake of KBR’s successful delivery of the Front-End Engineering Design (FEED) for the same project, which confirms its established relationship with both Total Energies and ENKA, and its continued commitment to supporting the development of energy infrastructure in Iraq.”

She added, “Under the letter of award, KBR will provide a detailed, multi-disciplinary engineering design from its global engineering centers, enabling ENKA to execute the engineering, procurement, construction and commissioning (EPSCC) scope of work for the central processing facility.”

The company indicated that “the AGUP2 project, scheduled to begin in 2028, aims to process oil and associated gas from the Artawi oil field to increase production capacity to 210,000 barrels per day of oil and 154 million standard cubic feet per day of gas, while seeking to eliminate routine flaring and contribute to Iraq’s transition to low-carbon energy.”

Jay Ibrahim, President of KBR Sustainable Technology Solutions, stated, “KBR has been a trusted service provider in Iraq for over four decades.”

Ibrahim added, “The project represents a strategic milestone for the future of energy in Iraq, as it will combine gas extraction, power generation, oil field redevelopment, and investment in renewable energy to support Iraq’s goal of achieving energy self-sufficiency while improving environmental performance.” He explained, “We are proud to continue supporting Total Energies and Enka to promote sustainable growth and provide reliable energy for Iraq.”

According to the company, “KBR’s expertise in gas processing, carbon reduction, and energy transition technologies makes it a key contributor to Iraq’s broader decarbonization goals and Total Energies’ integrated approach to responsible energy production.”

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PARLIAMENTARY FINANCE COMMITTEE: CENTRAL BANK GOVERNOR FAILED TO CONTROL THE CURRENCY MARKET

On Thursday, Finance Committee member Nazem Al-Shibli asserted that the performance of the Central Bank Governor raises many questions, indicating that he has failed to manage the country’s financial policy, which has allowed hard currency smuggling mafias to operate freely.  

Al-Shibli told Al-Maalomah News Agency that “the current fiscal policy has not achieved the required stability, but rather has contributed to deepening the economic crisis that Iraq is suffering from.” He added that “the lack of strict oversight of the Iraqi financial file has opened the door for currency smuggling mafias abroad, which has negatively affected the local market and the value of the dinar.” 

He explained that “the continuation of this situation threatens the country’s economic security and exacerbates the suffering of citizens, necessitating urgent and decisive measures to stop the drain on foreign currency reserves and stabilize the markets.”

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THE PRIME MINISTER UNVEILS “IRAQ VISION 2050” TO TRANSFORM THE COUNTRY INTO A REGIONAL POWER.

Iraqi Prime Minister Mohammed Shia al-Sudani affirmed that his government places the interest of Iraq and its people above all else, noting that the country is currently experiencing an unprecedented period of stability, with a clear transformation in its regional and international image after many years of conflicts and disputes.

In an exclusive interview with Newsweek, Sudanese Prime Minister Abdalla Hamdok explained that the government aims to transform Iraq from a country historically associated with instability into a regional hub for trade, innovation, and stability, according to a comprehensive national vision called “Iraq Vision 2050.” This vision rests on six key pillars: digital transformation, sustainable governance, a resilient economy, youth empowerment, achieving sovereignty, and a balanced geopolitical positioning.

Al-Sudani stressed that the slogan “Iraq First” constitutes the essence of this vision, noting that it reflects a philosophy similar to the “America First” slogan adopted by US President Donald Trump, saying: “The common denominator between us is giving priority to the people and the homeland. Just as Trump puts his country’s interest first, we put Iraq first in terms of security, stability, development and services.”

He added that the government has succeeded in achieving tangible accomplishments in security, services and economic reform, citing the conduct of the first comprehensive population census in 37 years under the supervision of the United Nations, and the organization of local elections in all governorates, including Kirkuk, after a hiatus of nearly two decades, which has strengthened citizens’ confidence in the electoral process, with more than five million new voters registering to participate in the upcoming elections on November 11, a number that Al-Sudani described as “unprecedented in the history of modern Iraq.”

On the regional front, Al-Sudani stressed that Iraq follows a policy of “positive neutrality” towards the crises that have plagued the region, noting that Baghdad has succeeded in avoiding the tragic scenarios witnessed by neighboring countries such as Lebanon, Syria and Yemen, despite the intensity of the conflicts.

Regarding the armed factions, the Prime Minister stressed that the rule of law and the state’s monopoly on weapons are a firm principle, explaining that there is a tangible shift in the orientation of these factions towards political action, which strengthens the state of institutions.

Regarding the Israeli threats, Al-Sudani stressed that Iraq confronted them with a clear official position and complete rejection, emphasizing that Iraqi territory will not be used to attack any party, and that the decision of war and peace is an exclusive right of the state.

He also revealed Iraq’s active diplomatic role during the war on Gaza, noting Baghdad’s participation in the Sharm el-Sheikh conference to support the US president’s plan to stop the fighting, and to work on creating a basis for dialogue between Washington and Tehran based on respect for sovereignty and rejection of sanctions and threats.

Regarding foreign relations, Al-Sudani stressed that Iraq maintains a balance in its relations with both the United States and Iran, saying: “Iran is a neighboring country that supported us in the war against ISIS, and we maintain a relationship based on mutual respect. At the same time, we have a strategic partnership with the United States in multiple areas.”

The Prime Minister indicated that the Trump administration represents an opportunity to build a model relationship based on common interests and economic development, stressing Iraq’s openness to American investments, and that the doors are open for American companies to contribute to reconstruction, energy and infrastructure projects.

Regarding the future of Iraq, Al-Sudani stated that the country possesses all the elements for advancement, including human, natural, and financial resources, saying: “We seek to make Iraq a prosperous economic center and a balancing force in the region, based on science, technology, and youth leadership.”

He explained that the “Iraq Vision 2050” project includes programs for digital transformation, smart government, cybersecurity, empowering national talents through entrepreneurs, and achieving productive citizenship, stressing that the government has already begun implementing this vision in cooperation with the Ministry of Planning and international companies such as KBR.

He pointed out that these efforts aim to diversify the economy and reduce dependence on oil, considering that “the rentier economy was a mistake that lasted for decades and must be overcome by building a flexible and innovative economic model.”

On the achievements front, Al-Sudani affirmed that Iraq is experiencing its highest levels of stability since the 1960s, with a normal nightlife, growing tourism, and a 40% increase in tourism revenues. He noted that Mosul, once a stronghold of ISIS, has become a tourist destination attracting visitors from Europe and Russia, with plans to establish a dedicated Ministry of Tourism to support this vital sector and enhance Iraq’s international image.

The Prime Minister concluded his speech by emphasizing that the position represents a trust and a national responsibility, saying: “The trust that the people give through elections is a precious trust that we must meet with honesty and action, not promises.”

He stressed that the biggest challenge facing his government is confronting the campaigns of doubt and obstruction from some political parties, adding: “The more we accomplish, the angrier our opponents become, and this is the best proof that we are on the right path.”

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Iraq avoids budget deficit thanks to one factor… Expert reveals the secret

Economic expert, Salah Nouri, revealed that the Financial Management Law No. 6 of 2019 served as a safety valve that saved Iraq from entering a state of financial deficit by addressing cases of delay in approving the federal general budget law or its failure to be approved on the specified dates.

Nouri told Al-Furat News Agency that: “The Financial Management Law has addressed several cases related to the approval of the federal general budget law,” noting that “Article 13 stipulated clear procedures to ensure the continuity of spending even if the budget is delayed beyond December 31 of the year preceding the year in which it was prepared.”

He explained that “the aforementioned article authorized the Minister of Finance to issue an official circular based on specific criteria, whereby it permits spending at a rate of {1/12} or less of the total actual expenditures for current expenses for the previous fiscal year, after excluding non-recurring expenses, to ensure the continuity of employee salaries and the operation of government facilities without interruption.”

Nouri added that “the same article allowed for spending from the total annual allocation for ongoing investment projects whose allocations were included during the previous and subsequent fiscal years, according to the actual completion rates or completed stages of preparation, with the aim of preventing the suspension of projects under implementation.”

The economist explained that “the third paragraph of the article accurately addressed the situation of the budget not being approved at all, as it stipulated that the final financial data of the previous year be adopted as the basis for the financial data of the new year, provided that this data is submitted to the House of Representatives for the purpose of approval, which ensures the continuation of the state’s financial activity in a legal and organized manner.”

Nouri stressed that “this article, with its three paragraphs, represented a comprehensive solution to the situation of delaying or not approving the budget at the end of the fiscal year,” explaining that “thanks to it, Iraq avoided falling into financial paralysis, especially since the House of Representatives had previously approved a budget for three years {2023 – 2024 – 2025}, which strengthened financial stability and contributed to regulating government spending within specific and clear ceilings.”

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THE UNITED STATES SENDS A NEW MESSAGE TO IRAQ

US Special Envoy to Iraq, Mark Savaya, announced that Washington is optimistic about the future of Iraq and sees it as a country moving towards prosperity.

He stressed the need for everyone to work to keep it away from the domination of the militias.

Savaya wrote on his X platform account that the United States views the future of Iraq positively, given its active and creative people.

He noted that Iraq has witnessed remarkable progress in recent years, and at the same time is preparing for a new phase of consolidating democracy, calling on everyone to work together to protect this progress.

Savaya affirmed that the US government continues to support Iraq whenever it takes steps towards development and stability.

He expressed his hope that Iraq would be a sovereign country, free from militias and armed groups, which would be a source of joy for everyone.

Savaya’s statements confirm the American position calling for an end to the influence of militias and groups linked to Iran, at a time when many of these factions participated in the electoral process and formed special lists and alliances to achieve this goal.    

This comes in conjunction with a statement by Iraqi Foreign Minister Fuad Hussein, in which he confirmed that six Iraqi factions classified as “banned” by the United States will not be part of the next government formation.

Fuad Hussein said in an interview with Al-Hadath TV that the American side issued a decision to classify these factions as “banned”. 

He pointed out that it is necessary to take this into account to ensure stable diplomatic relations for Iraq with the international community, and to facilitate dealings with various countries.

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IRAQIS TO VOTE AMID TENSION WITH WASHINGTON 

As Iraq heads to the polls this Tuesday, voters are choosing leaders who could reshape the country’s relationship with the United States. Many voters say Washington still controls key parts of their economy and politics, leaving the question of sovereignty unresolved more than two decades after the U.S. invasion.

In Iraq’s southern city of Basra, oil exports are booming. Tankers load millions of barrels of crude every day, bringing in billions of dollars. But this money does not go to the Central Bank in Baghdad. 

Instead, it is sent to accounts at the U.S. Federal Reserve, where it remains under American supervision.

These revenues are deposited into what was once known as the Development Fund for Iraq (DFI), later restructured into the “Iraq 2 Account” at the Federal Reserve Bank of New York. 

From there, funds are released to Iraq’s Ministry of Finance for government spending, but only after approval and clearance through the U.S. financial system. This setup allows Washington to monitor every dollar and, if necessary, delay or restrict Iraq’s access to its own oil income.

The system was first created in 2003 as a temporary safeguard after the fall of Saddam Hussein. It was meant to help Iraq manage its oil revenue transparently. 

Yet 22 years later, it still exists. The U.S. presidents have renewed the arrangement every year, most recently in May 2025. 

Critics say this has turned a short-term measure into long-term control. Officials in Baghdad estimate that between $80-$85 billion of Iraq’s oil revenues are now held in the U.S. Federal Reserve. Washington says the setup helps prevent corruption and protects Iraq’s economy. But many Iraqi voters argue it gives the U.S. too much leverage.

That leverage became clear when U.S. regulators restricted dozens of Iraqi banks from using dollars. The decision reduced the flow of dollars into Iraq, weakening the dinar and raising prices for everyday goods. For shopkeepers and traders, the result has been higher costs and shrinking profits.

“The Americans say it’s about stability, but we’re the ones paying the price,” said Ahmed, a trader in Baghdad’s Karrada district. “Our money is controlled by another country.” The U.S. also keeps military forces in Iraq, something many voters still view as an occupation. Together, these economic and military ties have become key issues in the November 11 election. 

Several political blocs are promising to reclaim sovereignty by demanding control over Iraq’s oil and gas revenues and pushing for a faster and more transparent timeline to end the U.S. troop presence.

At a recent summit in Egypt, U.S. President Donald Trump told Iraqi Prime Minister Mohammed al-Sudani, “You have a lot of oil and you do not know how to handle it.” 

His comment fueled debate in Iraq over whether the U.S. still sees itself as Iraq’s guardian, or its overseer.

The next government will face a difficult choice: maintain the current system for stability, try to renegotiate it, or cut the link entirely. Each option carries serious risks for Iraq’s economy and relations with Washington.

When Iraqis vote this week, they will decide more than who leads them. They will decide whether their country can finally stand on its own, or whether America will continue holding the financial and political levers that shape Iraq’s future.

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DEVELOPMENT ROAD PROJECT: 75 PERCENT OF FINAL DESIGNS COMPLETED

The director of the Development Road project at the Italian consulting firm (BTB), Wido Bonini, confirmed on Monday that the project connects Basra Governorate to the Turkish border via a railway and an international highway. He indicated that the project will provide 150,000 job opportunities and support the Iraqi economy. He pointed out that the project plan extends until 2050 and includes the establishment of economic and industrial cities within the Iraqi governorates. Bonini told the official agency, “The company has participated in the Development Road project since the beginning of the project study in 2023, when we started with our partners in the Iraqi Railways Authority to study the project.”

He added that “BTB studied the project and realized its importance to Iraq, not only internationally, as it connects the world, but also internally between the governorates.” He explained that “the company paid attention to the stations that will be built within the governorates, from Basra to Nasiriyah, Diwaniyah, Najaf, and Karbala, reaching Baghdad, Samarra, Tikrit, Baiji, and even Mosul.” He continued, “The company also paid great attention to the interior designs, not only for the transportation process from the port of Faw to outside Iraq. The attention did not only include international aspects but also Iraqi governorates.” He pointed out that “the project is not only a railway, but it will also be a highway connecting Umm Qasr to the northern region with the Turkish border for transporting goods.”

He also explained that “the company was concerned with the efficiency of the train in terms of transporting passengers and not just goods, as a study was prepared according to the highest international standards, so that the speed of the trains designated for transporting passengers would not be less than 300 kilometers per hour,” noting that “direct trains will cover the distance between Basra and Baghdad in about an hour and a half without stopping, while there will be other trains that stop in a number of governorates.”

He also explained that “the company submitted a complete study and designs to the Ministry of Transport, especially to the Railways Department for consultants for the group of projects. In addition, we have other contacts with partners who were appointed through the Ministry of Transport, including Oliver Wyman, with whom we are working, which will contribute to providing the best project that is thoroughly studied, so that it can be implemented without any problems.”

He also noted that “several countries have expressed interest in the project, most notably Turkey, as it is the country that has a direct connection to the development route, in addition to Gulf countries including Qatar, the UAE and the Sultanate of Oman, who have expressed their desire to be an active part of the project. We also expect the Kingdom of Saudi Arabia to join later after the studies are completed.”

He also pointed out that “the project is in its first phase a freight transport, railway and (highway) project and a railway link with Turkey, but the state’s future plan includes establishing development projects, factories and plants along the road in all governorates, in accordance with the nature of each governorate. For example, in Basra Governorate there will be oil factories and petrochemical plants.”

He added, “There will be factories in the holy governorates of Karbala and Najaf, most of them specializing in agriculture, such as a canning company or others, and this study will be part of the project’s establishment process,” explaining that “the project will provide between 100,000 and 150,000 job opportunities and contribute to revitalizing the national economy.”

He continued, saying that “the project in its second phase will focus on building factories, plants and economic cities,” explaining that “these economic projects will come in sequence according to the plan that will extend for about 25 years, starting from 2025 until 2050.”

He confirmed that “the company has so far completed between 70 and 75 percent of the final designs, studies and practical application on site, while it is expected to complete the remaining 25 percent during the next three months to deliver it to the Ministry of Transport by the end of this year.”

Bonini concluded by saying: “The ministry intends to launch a global platform for submitting bids and studies to international companies for the implementation work after receiving all the final designs, surveys, detailed geological work, and designs for the project, which extended over two years.”

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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

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:

November 6, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more good news.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

____________________________________

2 Corinthians 9:11

“You will be enriched in every way so that you can be generous on every occasion, and through us your generosity will result in thanksgiving to God.”

More news….

IRAQ’S GOLD RESERVES ARE APPROACHING 171 TONS, MAINTAINING ITS 29TH POSITION GLOBALLY.

The World Gold Council confirmed on Thursday that Iraq’s gold reserves have reached nearly 171 tons, maintaining its position among the world’s largest holders of gold reserves.

In its November report, the Council stated that Iraq did not purchase any gold during the first seven months of 2025, yet it still maintained its 29th position globally out of 100 countries in terms of gold reserves. The report indicated that Iraq’s gold reserves amounted to 170.9 tons, equivalent to 21.6% of its other foreign currency reserves. This places Iraq fourth among Arab countries, after Saudi Arabia, Lebanon, and Algeria, in terms of gold reserves.

The Council noted that the United States leads the list of the world’s largest gold holders with 8,133 tons, followed by Germany with 3,350 tons, and Italy with 2,451 tons. Trinidad and Tobago and Haiti hold the smallest reserves, at 2.0 and 1.8 tons respectively.

(yes, more bragging rights… lol.. lol.. lol.. )

STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

We all should now be VERY familiar with the five (5) main issues that the U.S. has stated must be completed prior to any reinstatement. In case you forgot you can go to my Archives and find the September 16^th Newsletter and review. We know the removing of zeros is to be closely followed by the reinstatement, and so once it has started there is almost no turning back. So, go figure why they have not yet been given the green light.

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I read more of the comments in the blog this week. Yes, I too agree that the articles do contradict themselves at times and are not perfect, but it’s the best we got.

At least there is some credibility in direct news from Iraq and it’s not coming from some fourth-grade drop-out, self-proclaimed intel guru idiot on social media, right? I usually try to take this information from the articles and pass it by my CBI contact. I try to track progress in the right direction. We must remember that my contact is not running the show but only an employee of the CBI. She takes orders.

I would take and use an article from the Iraqi news channels, the CBI or the Finance Committee anytime over these idiots on social media, if I were you. What else do we have? Folks, there are no “secret” sources, bank memos, bank screens or any other bullshit that is going to tell the story of what is happening in Iraq better than the articles and the news directly from Iraq. Sorry! 😊 Yes, it is their words not mine and at least it lends some credibility.   

As investors, we must also be patient and this is why when we hear the news and I encourage you not to go off half-cocked and wait to see what they do, not necessarily what they say. But we can’t discharge either what they say because much of it does eventually come around and is enacted in reality but it just takes some time.

What I have learned is that many times the news is premature from Iraq. They are boasting and they don’t actually don’t do it until weeks or months later. Why we are getting so upset over this delay I don’t know. We have no control over it.

Will removing the zeros actually happen and we get the reinstatement in January 2026?

I can only report on what they say and then bump it up with my CBI contact. Our next step is to wait and see what happens. Again, nobody is going to know the actual target date but we might be able to come close. Just to let you know I also have supposed contacts in the US Treasury trying to feed me information but I do not take them seriously because, if I did, I would be reporting an RV every weekend. How would that give me any credibility? They have been doing this for the last decade. So, should I tell you this to make you “feel good” and “hype you up”? This would be dishonest on my part since I already know they don’t know anymore than I know and in fact I do know more and have proven it many times. My conclusion is these Treasury contacts are placed there intentionally to play games with our heads and fool us. Yes, they are propaganda. Many people fall for their lies but I chose not to. Remember also I have been especially trained on connecting piece of data and coming up with briefing that I could give to the commanders to evaluate the situation on the battlefield. This was my job while in the US Army. This is a talent that few people really master. I feel I have mastered it and I use it. You are getting an “educated” evaluation of the articles and happenings in Iraq and it is geared towards what we are looking for. How many others can do this for you or are doing this for you? This information at times is just short of personally flying to Iraq and sitting down to interview Ali Al-Alaq himself. Get it?  

A comment was also made that Iraq “clearly painted themselves into a corner and something has to move. Trump won’t wait for them.” Yes, I totally agree. You are a smart person to be thinking on these terms. So, things do have to move. These five (5) mandates from the US government must be completed and so if not, I believe they may postpone the RV again. Opps I said it, shame on me…. lol.. lol.. lol.. They don’t want to postpone it and that is not now their intention. I would be a bit premature to say that at this point. But we must all face the TRUTH if it does work out this way. This will not mean the RV won’t happen, as it has to happen and will.

Folks, this is where I believe prayer comes into play. Turn it over to God and let God work it out. I believe He gave us the prime minister Al-Sudani so far and look all the progress in just the last 3.5 years versus the last 17 years. I look at this a miracle and so why be so sad. God is in the spirit world, another dimension, and so to work in our physical world, our dimension, he must work through people who are in the physical world.

Next, I want to clarify another comment made in the blog. In my July 26^th Newsletter I stated:

“I feel we have been in a critical period of the currency reform program since January of last year 2023. Now we are in a “vital” period.  Like a game of chess, we are now in a waiting mode for the Central Bank to make their next move and rollout the second-rate change in-country to just over a dollar, that we were told is coming. Since they told us they now control the parallel “black” market, and that negotiations were successful in lifting sanctions on many Iraqi banks.”

Seems there is some controversy over what I said?

Yes, back in July this was the situation but as we all know the situation changes over time as the US Treasury and the financial consultant firms come into Iraq and advise. I can only go with the current news I am told. I did check this current situation with my CBI contact and she concurred. There will be no “official” second “official” rate change perse, but the mere fact that the lower denominations come out, there will in fact be like a  “covert” rate change as a side effect but not what we would consider an “official” change in rate from the CBI. It will be 75 cents per dinar as I explained. based on the 1320 current rate. There will be no change in the purchasing power of the dinar. That is the CBI talking not me. Could this change again? Yes, it could and so please be gentle with me I am only trying to figure this out as you are. But thanks so much for the inquiry as it shows you are intelligently following this RV and not some idiot.

I know this gets tricky and this is why I took so much effort and time explaining it in two of my Newsletters. But I do not know why so much concern anyhow at this time?  This will only be inside Iraq and the dinar will not yet be reinstated at 75 cents and you can not yet exchange until it is. Also like I said so many times this is a multi-step process. First the removing the zeros, then monitor for inflation and then the reinstatement, if all goes well with removing the zeros.  

So, let’s look at the current news from the recent articles. How do they fit in the big picture?  What are they telling us for any progress in the right direction of the RV for Iraq? Also please remember that when I use the term “RV” I am referring to the process. The process is to remove the zeros, watch for inflation and then move to FOREX at the nominal rate reflecting the true dinar rate based on asset evaluation and their economic growth. I feel with where they are right now they should have already gone to FOREX. But they have not because of all the corruption. By taking the time to clean most of it up and then to progress their economy into a diversified economy, they will be able to support an even higher rate for us. Get it? By waiting it only serves us investors too. Why be so sad?

I want to give a shout-out to ashleypikes for your lovely comments. Thank You! I know this waiting for the RV must be hard for you. It is hard for me too. We almost lost our Gasthaus over this Covid situation and I can contribute saving it from many of you who helped us out with you appreciation of my hard work. Yes, this is a job for me and I do try to work hard at it to help all my readers. Someone must bring the TRUTH without all the hype and nonsense.

What else is in the news…..

As usual there is one or more articles in the new that stand out that we should be paying most attention to for this news period. The first two (2) for today are titled “IRAQI GOVERNMENT OFFICIALLY HALTS FUEL IMPORTS AND DECIDES TO DIVERT SURPLUS FOR EXPORT”. This one was followed by “IRAQ’S OIL SELF-SUFFICIENCY UNLEASHES A “HISTORIC LEAP”… $6 BILLION AND HALF A MILLION JOB OPPORTUNITIES” on the same subject matter. So, let’s dive in to these articles and see why they are so significant to our investment.

We learned years ago that Iraq must get off the “rentier” economy and this means diversification. But to diversify without substantial EXPORTS does not effect the global markets. I want everyone to remember who pushed Iraq in to building their own refineries and now these refineries are going to pay off and pay off big. It was president Trump. This was mostly a move to get them off the reliance of Iranian IMPORTED refined oil products and to generate them in house. This was to shut down revenues to Iran. The side-effect was diversification and is going to also help Iraq in the long-term get off sole revenues from their oil.

While Washington now seeks to sever all financial and trade ties with Iran, Iraqi projects with the United States aim to reduce Baghdad’s reliance on Iranian oil products, gas and other products. It is pointed out that Iraq’s ultimate goal is energy self-sufficiency, not simply switching partners.

I also want to remind everyone that Iraq must get off the sole peg to the dollar if they are going to reinstate the dinar. This is seemingly a step in that direction. Also remember why they are on the sole peg (the de facto peg) in the first place. It was for sanctions to help them survive. Now for almost four (4) years already Iraq has been out of these UN sanctions, yet there are still lingering side effects of them. One of the effects is still the sole peg of the dinar to the dollar. So, you see it is going to be through diversification of the economy and boosting EXPORTS (along with the Development Road Project) that is going to push them over the edge and allow the WTO accession, joining the Bank of International Settlements (BIS)  and other aspects for their financial sector and economy to grow yet even more.

😊 So, then what else do we read in the news. We get an update on the port of Faw. Remember they started to tell us about this port and its advantages years ago but now it is actually opening. Also the Development Road Project has just gotten a substantial monetary backing to move ahead. Please take a peek at the article titled “THE IRAQI DEVELOPMENT FUND SIGNS 5 MEMORANDA OF UNDERSTANDING WITH FOREIGN COUNTRIES”. Also we learned more about the port of Faw itself in article titled “PRIME MINISTER’S ADVISOR: AL-FAW PORT IS A CORNERSTONE FOR MAKING IRAQ A LINK BETWEEN EAST AND WEST”

“The Prime Minister’s Advisor for Transportation Affairs, Nasser al-Asadi, affirmed that the location of the Faw Port grants Iraq a unique opportunity to become a pivotal hub for global transportation.” “The Faw Port, by virtue of its geographical location, is a strategically important site, capable of being the sole link between East and West along a route extending from sea to land.”

This is a tremendous advantage that places Iraq at the heart of international trade.”

😊 Then we also read in the news with article titled “SUDANI: IRAQ IS AN INDEPENDENT PARTNER OF THE UNITED STATES”. Prime Minister al-Sudani affirmed that the upcoming elections represent a turning point between the previous phase of instability and the current phase of security, reconstruction, and services.

In a press interview with Reuters, Al-Sudani stressed the government’s confidence in the people’s awareness in choosing those who adopt a work and achievement approach, far removed from slogans. He explained that the participation of young people, who constitute (60%) of the population, will be extensive, and that abstaining from voting opens the door for corrupt individuals and reinforces quotas.

What is nice about this article today and other news recently too is that the US is partnering with Iraq. To me this is late but better now than latter yet. This is what China wanted to do a decade ago and tried to do. How does this affect our investment in the dinar. Of course, if affects it, as the US must sign off on the reinstatement of its not going to happen.

This brings us to still back to the same issue of the disarmament of Iranian PMF forces stationed still in Iraq. Again, I want to add this issue has NOT yet been resolved and still lingers as to how to solve it. The US is still demanding a resolution or as I believe they will resort to resolving it themselves through force. So, this issue is now flooding the Iraqi news channels as we see many articles in their news on this subject. So, is it important? Iran is reportedly attempting to force its large proxy and partner militias in Iraq to move into politics, possibly to discourage US sanctions enforcement that would prevent Iran from using the Iraqi economy to evade sanctions.

☹Take a peek at article titled “IRAN IS REPORTEDLY ATTEMPTING TO FORCE ITS LARGE PROXY AND PARTNER MILITIAS IN IRAQ”.

Please take a peek at the other articles today on this subject. The first one is titled

“WASHINGTON PUSHES BACK AFTER IRAQ LINKS US PULLOUT TO RESISTANCE DISARMAMENT” Washington has rejected recent comments made by Iraqi Prime Minister Mohammed Shia al-Sudani, in which he linked the disarmament of Iraq’s resistance to the withdrawal of US coalition forces from the country. 

Speaking to Shafaq News, a US State Department spokesperson said addressing “terrorist organizations” remains an Iraqi sovereign responsibility, emphasizing that such groups engage in “violent and destabilizing activities in Iraq.” The spokesperson added that “their actions drain the country’s resources and act against its national interests.”

Then article titled “WASHINGTON REJECTS IRAQI PM’S CONDITION ON DISARMING FACTIONS”. The US State Department on Wednesday dismissed Iraqi Prime Minister Mohammed Shia al-Sudani’s recent attempt to link the disarmament of armed factions to the future of the US-led Global Coalition in Iraq, urging Baghdad instead to dismantle the “Iran-backed militias.” Yes, there is a very strong link as these US troops may be needed to rid Iraq of Iranian militias, but only if….Did you read this last sentence? How long will Trump wait until Iraq either dismantles these factions or decides too late and does it himself.

So, the reason I spent so much time today reporting about these militias and the possible next move is that first of all it was all over the news from Iraq and so it must be VERY important then also clearing Iraq of anything that affects their sovereignty is important to the US and this will affect the timing of the reinstatement of the dinar too. Iraq must be a secure and stable country.

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?

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

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“More Deep-State Military Secrets Are Coming To Take Down Your Enemies”

You can start watching the video at the  12:26 mark.  From Oct 19th. 

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

HOW TO LOOK PENNILESS IN THE PUBLIC RECORD

Today we’re diving into why it’s crucial for real estate investors, stock investors, business owners, and wealth builders to appear “penniless” in the public record. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here 👉 https://aba.link/i93

How an LLC can actually work against you.  

Don’t have your personal name or address in any public record.

Are offshore assets or accounts really protected?

Are vortex trusts a scam for tax protection?

Don’t misuse a legal entity and take it to extraordinary measures, it won’t work.  

I really, really, really encourage everyone to watch this video and learn from it.

Now I know that many of you may have already researched getting a LLC or a Trust to protect your money against creditors and reveres law suits. But after watching this video today I feel you can learn even more and that there are some caveats that can really work to your benefit all depending upon the state you file your entity in. It’s just a matter of working with your attorney and help to guide them on what you want.

Basically, it all amounts to how much privacy a particular state is willing to give for a legal entity. Attorneys can research this for you but you have to find a good one willing to do it for you. What I am saying is you may think you are protected in a particular state and then find out later, when sued, that your records are not that protected from preying eyes after all.

Another key lesson I learned is it is much easier to use the entity instead of your own name and address from the very start and get it on the dead when you purchase a property or business, rather than have an attorney later try to fix it, after some damage is already done.

Listen carefully what these attorneys are saying….

MAMDANI WILL MAKE DE BLASIO’S REIGN LOOK LIKE THE ‘GOLDEN AGE’

We just experienced an election for mayor in NYC and the candidates were again a vote for the least of the two evils. Unfortunately, the evilest one won. Yes, Mamdani won the election and New Yorkers just shot themselves in the foot although they are stupid enough not to know it.

In NYC 1% of the population pays 40% of the income tax. NYC is in for an exodus and who is going to pay for all these Mamdani FREEBIES. Will he be forced to betray his voters?

THE MASK COMES OFF AFTER ELECTIONS

Once elected, the mask comes off. Of course, the mask was always off but many refused to listen. Remember the snake eye in Biden and the voice when he approached the microphone? The prophets told us this was Satan entering his body. Now we see Mamdani and the same but his is screams. We will soon see what all the screaming was about.

UNDERSTAND HOW IRAQ’S NEIGHBOR, IRAN, HOW IT BECAME SO DANGEROUS TO THE GLOBAL COMMUNITY

I would recommend anyone who is invested in the Iraqi dinar or Iranian Toman/Rial to watch this video. It can give you an understanding of the relationship between Iraq, Iran and the United States. This might help you understand more the cause of the breakdown of the relationship between the U.S. and Tehran. I think it’s a well-done presentation worth watching to understand why Iran wants a proxy control over Iraq. As long as the current Iranian regime is in power, we will NEVER have peace in the middle east.

‘BIGGEST COVERUP IN AMERICAN PRESIDENTIAL HISTORY’

Findings of oversight committee hearings are out. Forwarded to justice department for further investigation and possible indictments. Many of Biden’s Executive Orders and Pardons might all be voided. Almost every week we hear about another explosive coverup or scandal by this Biden presidency.

MORE INFORMATION: OPERATION “ARCTIC FROSTBITE”

THE JUSTICE DEPT TO TAKE ACTION AFTER BLISTERING AUTOPEN REPORT

BIDEN CONTROVERSY BREAKS SILENCE ON BOMBSHELL AUTOPEN REPORT

Multiple prophets tell us from God that there was an actor(s) in the presidency instead of the real Joe Biden. Joe as died way before the election occurred. The dems has no other plausible candidate for president and continued down the road with a ‘fake’ Biden. As we watch this autopen scandal unfold, I believe it may be the key to unraveling the entire shenanigans about his presidency and how they fooled the American people.

FBI OPERATION ‘ARCTIC FROSTBITE’

What charges were there to justify such actions by Jack Smith. Spying on senators and congressmen at least 430 that we know now and all republicans? Also the way he went after Donald Trump and many of his associates. There needs to be accountability and justice over this abuse of power. Are the republicans strong enough in will to follow through and demand justice? Or are we just going to spend millions again of tax payer money in another investigation and no one is accountable?

PRIME MINISTER’S ADVISOR: AL-FAW PORT IS A CORNERSTONE FOR MAKING IRAQ A LINK BETWEEN EAST AND WEST

The Prime Minister’s Advisor for Transportation Affairs, Nasser al-Asadi, affirmed that the location of the Faw Port grants Iraq a unique opportunity to become a pivotal hub for global transportation. He pointed out that the project represents the cornerstone for realizing the government’s vision of making Iraq a link between East and West.

Al-Asadi stated, “The Faw Port, by virtue of its geographical location, is a strategically important site, capable of being the sole link between East and West along a route extending from sea to land.

This is a tremendous advantage that places Iraq at the heart of international trade.”

He further explained that “the integration of the railway system within the Faw Port and its overland connection to neighboring countries will make Iraq a key link in the global transportation network.”

He clarified that “this advantage is very rare among the world’s ports, as most do not have a direct connection to an integrated land transportation network. For this reason, the Faw Port will be the greatest incentive and encouragement for Iraq to become the link between continents and countries in a unified transportation system.”

Al-Asadi pointed out that “the strategy developed by the Iraqi government through the Higher Committee for the Development Road Project, chaired by Prime Minister Mohammed Shia’ al-Sudani, stemmed from this very concept. The project is not viewed merely as an internal transport corridor or cooperation between two countries, but rather as a global connectivity project aimed at linking Asia with Europe and Africa via Iraqi territory through the multimodal transport network it encompasses.”

He added that “this vision represents the core of the government’s policy to transform Iraq from a transit country to a hub, and from a consumer region to a production and economic link, thus restoring Iraq to its historical and geographical role as a center for global trade routes.”

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THE IRAQI DEVELOPMENT FUND SIGNS 5 MEMORANDA OF UNDERSTANDING WITH FOREIGN COUNTRIES

The Iraqi Development Fund announced the signing of memoranda of understanding with five foreign countries, while indicating that there is an effort to establish an Iraqi-American investment fund.

The director of the Iraq Development Fund, Mohammed Al-Najjar, said that the fund had signed several memoranda of understanding with a number of countries, including Japan, Germany, France, Britain and America.

He noted that the memoranda of understanding with Britain were signed to provide continued support to the fund, which helped in rewriting many of the documents that make the fund globally accessible and able to be dealt with internationally.

He added that “there are great prospects in the memoranda of understanding with the United States of America, and we are seeking to establish an Iraqi-American investment fund, explaining that there will be a trip to America soon to turn the project into reality.”

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SUDANI: IRAQ IS AN INDEPENDENT PARTNER OF THE UNITED STATES

Prime Minister Mohammed Shia al-Sudani affirmed that the upcoming elections represent a turning point between the previous phase of instability and the current phase of security, reconstruction, and services.

In a press interview with Reuters, Al-Sudani stressed the government’s confidence in the people’s awareness in choosing those who adopt a work and achievement approach, far removed from slogans.

He explained that the participation of young people, who constitute (60%) of the population, will be extensive, and that abstaining from voting opens the door for corrupt individuals and reinforces quotas.

Al-Sudani pointed out that the government provided basic services in all governorates and assumed the financial obligations for stalled projects since (2007) with a value of (131) trillion dinars, while his government’s obligations during three years amounted to (33) trillion dinars, with the achievement of financial, banking and economic reforms, and the strengthening of foreign relations.

On the regional and international level, he pointed out that Iraq succeeded in avoiding involvement in the region’s conflicts, maintained balanced relations with everyone, and played a diplomatic role to prevent the expansion of conflicts. It also formed a committee to revive and rehabilitate the oil pipeline between Kirkuk and Banias with Syria.

Al-Sudani explained that the current phase is the clearest in Iraq’s relations with the United States, a balanced relationship built on achieving mutual interests, stressing that Iraq is an independent partner and not an arena for conflict.

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“WARS HAVE HAMPERED IT”: A PROPOSAL TO ESTABLISH A SOVEREIGN WEALTH FUND FOR IRAQ AND INVEST IT IN DEVELOPMENT PROJECTS.

On Tuesday, the Prime Minister’s advisor, Mazhar Muhammad Salih, proposed the establishment of a domestic sovereign wealth fund to invest its money in development projects, explaining that past wars had prevented Iraq from establishing a sovereign wealth fund.

Saleh told Shafaq News Agency, “My idea is to create and establish an Iraqi sovereign wealth fund, but within the national economy,” noting that “the fund will be responsible for reinvesting the fund’s own returns.”

He added that “the establishment of the fund internally will mean that part of the money will go to the fund itself and the other part will go to the benefit of the national economy within the development program,” noting that “the management of the fund will be through a joint public holding company affiliated with the internal sovereign wealth fund itself, and investment will be made in the joints of the national economy in agriculture, industry, services and available economic opportunities.”

Saleh explained that “Iraq depleted its balance of payments surpluses and consumed them in wars and conflicts during the period from 1980 to 2003, and our country fell into deficit and the trap of external debt,” noting that “until now our country is not considered one of the countries with a financial surplus, and that the reserves of the Central Bank of Iraq, which support the stability of the Iraqi dinar and amount to more than 100 billion, are invested in a very specific investment portfolio, which is almost a sovereign wealth fund.”

He emphasized that “these financial reserves are always semi-liquid and do not enter into long-term investments such as stocks in factories or real estate as other sovereign wealth funds do. Rather, the reserves invest in short-term financial instruments with low interest such as US Treasury bonds and others with a high credit rating of Aaa. They tend to be semi-liquid at all times and low-risk through safe investment but with a usually low or fixed return. However, the foreign reserves of central banks are not considered among sovereign wealth funds (such as the Norwegian, Saudi, Chinese and others currently).”

Saleh pointed out that “sovereign wealth funds were started by countries with surplus raw material exports in general and oil in particular, based on diversifying the investment of those financial surpluses in major economies outside their countries through these funds, whose function is to manage the investment of surpluses in financial assets outside their countries.”

He explained that “the reason behind their investment outside their countries is the weak absorptive capacity, that is, the weak ability to convert those surplus savings from the proceeds of exporting natural resources into investments within the country itself due to internal structural factors,” noting that “those surpluses are investment assets that can be reinvested and generate added value chains that multiply the national income of their countries many times over.”

A sovereign wealth fund, or sovereign wealth funds, is a state-owned fund consisting of assets such as land, stocks, bonds, or other investment instruments. These funds can be described as entities that manage a country’s surpluses for investment and hold billions of dollars that countries invest in stocks and bonds.

Shafaq.com

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IRAQI GOVERNMENT OFFICIALLY HALTS FUEL IMPORTS AND DECIDES TO DIVERT SURPLUS FOR EXPORT

The Iraqi government decided on Tuesday to stop importing gasoline, gas oil (kerosene), and white oil because local production of these fuels has reached quantities that exceed local consumption rates.

This came in accordance with an official letter issued by the Prime Minister’s office to the Iraqi Ministry of Oil, in order to achieve self-sufficiency in the production of those types of fuel.

According to the letter signed by Ihsan Al-Awadi, Director of the Prime Minister’s Office, dated November 4, Prime Minister Mohammed Shia Al-Sudani directed that the import of these oil products be stopped, and that the distribution agent and the Oil Products Distribution Company control domestic consumption and transfer the surplus for export.

On October 25, Prime Minister Mohammed Shia al-Sudani announced that his government had developed a plan to save the state treasury approximately $10 billion by halting imports of gasoline and oil derivatives after achieving self-sufficiency in their production within Iraq.

Shafaq.com

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IRAQ’S OIL SELF-SUFFICIENCY UNLEASHES A “HISTORIC LEAP”… $6 BILLION AND HALF A MILLION JOB OPPORTUNITIES

The Reconstruction and Development Alliance revealed on Wednesday (November 5, 2025) that Iraq’s achievement of self-sufficiency in oil products for the first time since 2003 represents a strategic shift that will generate annual financial savings estimated at about $6 billion, which could contribute to creating half a million job opportunities within the country in the coming years.

Alliance leader Mohammed Othman Al-Khalidi told Baghdad Today that “achieving self-sufficiency in the production of oil derivatives for Baghdad and the rest of the governorates is a great national achievement that embodies the success of the government and the Ministry of Oil’s efforts in developing national refineries and creating new production lines that have raised the rates of production of fuel and main derivatives.”

He added that “Iraq’s cessation of importing fuel and derivatives, which were burdening the general budget, will save about $6 billion annually, which can be directed towards supporting the industrial and agricultural sectors, as well as financing strategic investment projects that contribute to driving the national economy and diversifying sources of income.”

Al-Khalidi explained that “investing these resources optimally will allow, within five to seven years, the provision of at least half a million direct and indirect job opportunities, which represents a qualitative leap in addressing unemployment and expanding the base of development.”

He added that “the next five-year plan of the Ministry of Oil aims to transform Baghdad into a regional center for marketing oil derivatives, by exporting high value-added products, instead of just selling crude oil, which will enhance Iraq’s economic returns.”

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SUDANI HAS AN ARTICLE IN THE NY POST 11-3-25

Let us join in America’s peaceful prosperity — and help calm the Middle East ………

By Mohammed Shia al-Sudani

Published Nov. 3, 2025, 6:49 p.m. ET

For decades, security concerns shaped relations between Iraq and the United States almost exclusively. Long wars, the fight against terrorism and heavy sacrifices on both sides left deep marks. Yet Iraq today is no longer the country it was 20 years ago. Our armed forces are stronger, our institutions more mature, and — thanks to cooperation with the United States and the international coalition — we are increasingly capable of defending our sovereignty.

The gradual reduction of coalition troops is not a retreat but a reflection of Iraq’s growing confidence and its willingness to shoulder responsibility. This transition marks the beginning of a new era — one focused on prosperity rather than mere survival. Iraq now seeks a partnership rooted in economic opportunity: We need investment, jobs and access to markets, while the United States brings leading expertise in technology, energy and agriculture, along with unmatched investment capacity. By combining Iraq’s natural wealth with America’s innovation, both nations stand to benefit.

Recent agreements with companies like Chevron and General Electric are not just contracts on paper; they represent real jobs, stronger infrastructure and a more stable Middle East. Iraq is a young nation: 40% of our citizens are under age 15. This demographic reality can be either a powerful engine for growth — or a breeding ground for despair. If we provide education and employment, our youth will drive Iraq forward; if we fail, we risk exposing them to extremism.

That is why Iraq does not seek aid but investment — partnerships that generate sustainable opportunity. Security in Iraq no longer depends on permanent foreign deployments, but arises from jobs, justice and sovereignty. Extremism thrives where young people lack hope. To confront this, Iraq is securing its borders, cutting off terrorist financing and ensuring that weapons remain under state authority. These measures not only protect Iraqis but also reinforce Iraq’s role as a reliable partner in global security. We have also chosen to act as a bridge for dialogue rather than a battlefield for conflict. Iraq is engaging with its neighbors to ease tensions and prevent regional crises that could once again draw in outside powers.

This reflects our vision of sovereignty: Iraq as a stabilizer, a convener, and a contributor to peace. In this effort, the United States remains an essential partner — through diplomacy and continued support for Iraq’s stability. Iraq has chosen the path of integration and constructive dialogue grounded in fair and mutual interests, seeking stability and shared prosperity. Our relations with the United States are built on mutual respect and the principle of non-interference in internal affairs. Guided by these values, Iraq pursues a policy of constructive engagement with its regional neighbors and the international community alike. Iraq is a fully sovereign state — independent in its decision-making and guided solely by its national interests.

We maintain balanced and lawful relations with all nations. While certain Iraqi factions hold ideological ties to Iran, we have ensured that their activities remain strictly within the bounds of state authority. Externally, we seek partnership; internally, we seek reconciliation. We are working to resolve issues with the Kurdistan Region and to strengthen trust among Iraq’s diverse communities by promoting a shared national identity, because a stable domestic foundation is the prerequisite for successful international partnerships. The measure of US-Iraq relations should no longer be the number of American soldiers on our soil, but by joint projects, trade and opportunities created for both peoples.

A relationship once defined by war must now be redefined by prosperity. We seek cooperation, not conflict. We prefer our steel to be used to produce goods, not weapons. An American embrace of Iraq as an investment and trading partner will give our neighbors tangible proof that peace is a better alternative than war. What Iraq envisions is a fair, balanced and mutually beneficial partnership: One in which Iraq assumes full responsibility for its security while the United States engages as an investor, economic partner and ally. This is not a plea for charity, nor a call for permanent military presence. It is an invitation to build a win–win relationship that turns the lessons of the past into the foundations of a better future.

America has long been a leader in innovation and opportunity. Iraq is ready to match that leadership with its resources, its youth and its determination. Together, we can redefine the US-Iraq relationship — not as another chapter in endless conflict, but as a story of prosperity built side by side. ……..

Mohammed Shia al-Sudani

 prime minister of Iraq.

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WASHINGTON REJECTS IRAQI PM’S CONDITION ON DISARMING FACTIONS

The US State Department on Wednesday dismissed Iraqi Prime Minister Mohammed Shia al-Sudani’s recent attempt to link the disarmament of armed factions to the future of the US-led Global Coalition in Iraq, urging Baghdad instead to dismantle the “Iran-backed militias.”

Speaking to Shafaq News, the Department’s spokesperson said that addressing “terrorist organizations,” remains an Iraqi sovereign responsibility, stressing that these groups engage in “violent and destabilizing activities in Iraq.”

“Their actions drain the country’s resources and act against its national interests,” the spokesperson added.

Iraq officially recognizes both the national army and the Popular Mobilization Forces (PMF). While the PMF is legally part of the state’s armed forces, many of its key factions operate under the banner of the “Islamic Resistance in Iraq.” The group is aligned with Iran’s regional “Axis of Resistance,” which includes Hezbollah in Lebanon and the Houthis in Yemen, and positions itself against US and Israeli interests in the region.

Addressing the future of US forces in Iraq, the spokesperson clarified that Washington is proceeding according to an agreed timeline to transition the Global Coalition’s role and conclude its combat operations.

“This is not a withdrawal,” the spokesperson affirmed. “It is a shift toward a more traditional bilateral relationship in the areas of security and diplomacy.”

With around 2,500 US troops still stationed in Iraq, Baghdad and Washington finalized an agreement last month setting a roadmap for the full withdrawal of American forces by September 2026.

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IRAN IS REPORTEDLY ATTEMPTING TO FORCE ITS LARGE PROXY AND PARTNER MILITIAS IN IRAQ

Iran is reportedly attempting to force its large proxy and partner militias in Iraq to move into politics, possibly to discourage US sanctions enforcement that would prevent Iran from using the Iraqi economy to evade sanctions. UK-based Amwaj Media reported on November 3 that Iran has encouraged unspecified Iranian-backed Iraqi militias to shift their focus from armed resistance to political engagement, citing Iraqi political insiders.

 A source in the Iraqi Prime Minister’s office told Amwaj that the Iraqi federal government has similarly encouraged Iranian-backed Iraqi militias to prioritize their political activities. Iran reportedly wants “fresh [Iraqi] faces acceptable to the Iraqi public” to lead this political engagement. An Iranian-backed Iraqi militia source added that Iran would consider funding and politically supporting smaller Iraqi militias that are not affiliated with the Popular Mobilization Forces (PMF), which would place these militias fully outside state structures and control.

The PMF is an Iraqi state security service primarily comprised of Iranian-backed Iraqi militias, many of which report to Iran instead of the Iraqi prime minister. The PMF militias linked or loyal to Iran have frequently targeted US forces and assets, including when a likely Kataib Hezbollah cell killed three US servicemembers in Jordan in a drone attack in January 2024. The United States has sanctioned the Iraqi government and commercial entities and threatened to sanction unidentified PMF leaders. The Iraqi economy is a crucial lifeline for Iran as it attempts to mitigate new US sanctions, and attacks by Iranian-backed Iraqi militias that are officially part of the Iraqi government could imperil that.

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WASHINGTON PUSHES BACK AFTER IRAQ LINKS US PULLOUT TO RESISTANCE DISARMAMENT

Washington has rejected recent comments made by Iraqi Prime Minister Mohammed Shia al-Sudani, in which he linked the disarmament of Iraq’s resistance to the withdrawal of US coalition forces from the country. 

Speaking to Shafaq News, a US State Department spokesperson said addressing “terrorist organizations” remains an Iraqi sovereign responsibility, emphasizing that such groups engage in “violent and destabilizing activities in Iraq.” The spokesperson added that “their actions drain the country’s resources and act against its national interests.”

Addressing the future of US forces, the spokesperson said Washington is proceeding in accordance with an agreed timeline to transition the coalition’s mission and conclude its combat role.

“This is not a withdrawal,” the spokesperson affirmed. “It is a shift toward a more traditional bilateral relationship in the areas of security and diplomacy.”

Currently, about 2,500 US troops remain in Iraq, with a roadmap agreed upon last month for a ‘withdrawal’ by September 2026.

However, the US has not agreed to a full pullout and is instead shifting to an ‘advisory’ role. 

Sudani told Reuters earlier this week that while Iraq is committed to bringing all weapons under state control, it will not be possible while a US-led coalition remains in the country.

“There is no ISIS. Security and stability? Thank God it’s there … so give me the excuse for the presence of 86 states (in a coalition),” he said. “Then, for sure there will be a clear program to end any arms outside of state institutions. This is the demand of all,” he added, noting that resistance factions could join official security forces or enter politics by disarming.

In October 2023, several Iraqi resistance factions banded together and began targeting US bases in Iraq and Syria, as well as targets in Israel, in support of the Palestinian resistance in Gaza following the start of the genocide.

The attacks on US bases ended due to intense Iraqi government pressure after the killing of three US soldiers on the Jordan–Syria border in January 2024. The following month, US warplanes launched heavy strikes on resistance sites in Iraq.

Iraqi factions continued to target Israel for months after ending operations against US bases.

The Iraqi factions even carried out joint operations with the Yemeni Armed Forces (YAF). This coalition included Kataib Hezbollah, Kataib Sayyid al-Shuhada, and the Al-Nujaba Movement.

Recently, Washington has increased pressure on Baghdad to dismantle Iraq’s resistance movements, which are backed mainly by the Islamic Republic of Iran.

The US has issued its “final” and “most serious” warning to Iraq regarding the Iran-linked resistance factions in the country, according to Iraqi Defense Minister Thabit al-Abbasi.

Abbasi said in an interview over the weekend that Washington’s latest message “concerns armed factions and includes a direct threat in the event that those factions carry out any operations in response to what Washington intends to do in the region near Iraq in the coming days.”

No further details were provided on what exactly these US operations would entail. The minister said the message was relayed during a call with US Secretary of War Pete Hegseth.

Hegseth ended the call by saying, “This is your final warning … and you know very well how the current administration will respond,” Abbasi claimed. Over the last few years, Baghdad has held talks with the factions about the issue of disarmament. Yet, the issue hinges mainly on the presence of the US military in Iraq and the groups’ insistence on a full withdrawal.

Israeli newspaper Maariv reported late last month that the Israeli army and Mossad intelligence agency are preparing for a “developing threat” coming from Iraqi resistance factions.

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WHY DOES SUDAN LINK THE DISARMAMENT OF FACTIONS TO AMERICA’S WITHDRAWAL FROM IRAQ?

Iraqi Prime Minister Mohammed Shia al-Sudani linked the disarmament of armed factions in the country to a complete withdrawal of US- led international coalition forces , in statements made days before the parliamentary elections, while also revealing the signing of contracts with major American companies in the energy, oil and gas investment sectors.

Al-Sudani’s statements have raised several questions: Do they represent an electoral agenda or a future policy for the government in the event of an extension of his term? What messages do these statements carry for the domestic and international audiences, especially regarding the state’s monopoly on weapons? And what is the significance of signing contracts with American companies at a time when Washington is talking about withdrawing its forces from Iraq ?

The statements come at a sensitive time, as Iraq is just days away from legislative elections in which local and regional issues are intertwined, and the international dimension is inseparable from them.

Journalist Hussein Jaradi, who specializes in American affairs, described the current stage as a “second term struggle” and stressed that the electoral conflict is not so much about the number of seats as it is about the post-election phase.

Based on this understanding, Jaradi, in statements to the program “Beyond the News,” expressed his conviction that Sudani is seeking a second term, and to remain in office, he must gain the approval of both Washington and Tehran, despite the decline of the Iranian role and the rise of the American one. Therefore, he is trying to reassure both sides through balanced statements.

According to Jaradi, the Prime Minister should not provoke the factions when he calls on the American forces to withdraw, and at the same time not provoke Washington when he indicates that there is a path to sovereignty that requires a complete withdrawal of the American forces.

Al-Sudani confirmed that Iraq had pledged to place all weapons under state control, but stressed that this would not succeed if the US-led coalition remained in the country, and emphasized that the international coalition’s withdrawal plan was still in place.

Iraq progress

For his part, Dr. Osama Al-Saidi, Dean of the College of Political Science at Al-Nahrain University, explained that the Prime Minister is sending a message that Iraq has reached an advanced stage, and therefore the reasons that led to the presence of weapons have disappeared with the demise of terrorist organizations and the scheduling of the withdrawal of American forces.

He pointed out that these entities will be affiliated with the Popular Mobilization Forces institution , which is accredited, official and legislated by law, meaning that they will be within the framework of the state and the law and will be subject to the procedures of the joint operations.

Al-Saidi cited what happened in 2014 when resistance factions rushed to confront the Islamic State before the fatwa of “sufficient jihad,” and then the government’s measures came to unify efforts under one roof, which contributed to liberating the lands in less than 3 years.

On the other hand, writer and political researcher Kazem Al-Hajj identified several factors that call on resistance factions to hold on to their weapons and not engage in political dialogue about restricting weapons to the state.

According to Al-Hajj, one of these factors is that the factions consider the continued presence of American forces on Iraqi soil as occupying forces, “in addition to the continuation of terrorist operations and incitement against Iraq from within and from abroad.”

According to Al-Hajj, the factions base their refusal to give up their weapons on the nature of the Iraqi position rejecting the Israeli entity, which is viewed as an entity that usurped the occupied Palestinian land , as well as the continuous threats that reach Iraqis from this entity.

Al-Hajj believes that the political realism with which the Sudanese government dealt with the issue of the presence of American forces created a positive atmosphere between the resistance factions and the government, and was reflected in the nature of stability during the past period, especially in light of the changes that the region witnessed.

In the event of the planned withdrawal of US forces at the end of September 2026, “there will be a major change in the resistance factions’ view of how to deal with their weapons, but this is linked to the elimination of all the reasons that call for their continued presence,” says Al-Hajj.

Signing contracts

Simultaneously with his demand for the withdrawal of US forces, Al-Sudani revealed the signing of contracts with American companies in the fields of energy, oil production and gas investment, coinciding with his directive to stop importing gasoline, gas and white oil.

From Jaradi’s point of view, Al-Sudani is betting that Washington will take this economic signal in a positive way, “as this openness to American companies contributes to strengthening his position with Washington and reassures the Iraqi public that there are promising economic opportunities.”

These contracts also send a clear message to Washington that Baghdad is economically open “despite being accused of close ties to the Eastern axis,” and they fall within the context of what the Prime Minister seeks in terms of a delicate balance between Washington and Tehran.

Academician Al-Saidi agrees with this view, noting that the Prime Minister’s idea since assuming his current position is to transform the relationship with the United States from a controversial military and security relationship to an economic and commercial one.

This philosophy is consistent with the mindset of US President Donald Trump, who seeks investment and economic interests. In the same context, Al-Hajj points out that the United States should consider these contracts as a gateway to redefining the economic relationship with Iraq in a way that serves common interests.

While Washington seeks to sever all financial and trade ties with Iran, Iraqi projects with the United States aim to reduce Baghdad’s reliance on Iranian gas. Al-Hajj points out that Iraq’s ultimate goal is energy self-sufficiency, not simply switching partners.

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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

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:

November 4, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more good news.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

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2 Corinthians 9:11

“You will be enriched in every way so that you can be generous on every occasion, and through us your generosity will result in thanksgiving to God.”

STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

We all should now be VERY familiar with the five (5) main issues that the U.S. has stated must be completed prior to any reinstatement. In case you forgot you can go to my Archives and find the September 16^th Newsletter and review. We know the removing of zeros is to be closely followed by the reinstatement, and so once it has started there is almost no turning back. So, go figure why they have not yet been given the green light.

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Well…. I have to add that we should see some movement on the project to remove the zeros this month. Will Iraq begin the swap out of the three zero notes for the lower denominations soon? We read again in the news of the lack of liquidity in the banks as they tell us gain that nearly 90% of issued dinars are outside the banking system…still. Just so you know, I was told by my CBI contact that by removing the zeros should bring most of this currency into the banks. I was also told there will be an incentive to do so. We were told in the news from the CBI in connection with the article about removing the zeros, that this issue of lack of liquidity “would be resolved soon”. Really? Folks, this was their words not mine. Why make this statement in an article about removing the zeros if these two events weren’t connected? I don’t know you tell me. One must lead to the other.

So, today’s news brings us yet another article on this subject of lack of liquidity. See article titled “FINANCIAL EXPERT: PEOPLE DO NOT TRUST BANKS AND ARE STORING THEIR MONEY AT HOME.” “Financial expert Mahmoud Daghir revealed on Sunday that the amount of cash held by the public is estimated at around 90 trillion dinars, out of a total money supply of 98 trillion dinars in Iraq”.  Folks, I believe they do not want to talk much about the dinar we have outside of Iraq. It could very well amount to very close to a trillion dinars alone. How are they going to retrieve our dinars? This of course is a rhetorical question, as we all know the answer.

😊 I want to spend some time today concentrating on one article in particular. It is titled “A NEW WEALTH TO RIVAL OIL: BILLIONS OF DOLLARS BENEATH THE SANDS OF IRAQ”. Let’s break down this news and look at the impact on Iraq.

• First, we know that Iraq has to diversify and get off the sole source of oil revenues. They call this the “rentier economy”. Diversification helps create a stable economy thus STABILITY. Certainly this newly found Silica will help them in the way. But it does no good unless they can sell it and bring it to market. This takes money.

• Next, we have learned over many years other sources of revenues too such as Customs and Tariffs and how it could rival the oil revenues but only if it could be controlled and the revenues forwarded to the federal government coffers. Kurdistan just agreed to assist in this effort as part of recent the “tripartite” agreement.

• Next, we were told about the massive revenues from the tourist industry such as Holy Sites, restaurants and hotels. This too they told us can almost rival the oil revenues.

• Oh… next did I mention the Development Road Project and it’s potential, but this will take more time to develop. Just today however they announced a massive billions  of investment money in this project, so it is going to move along quickly now. 😊

• Then under the tripartite agreement with Kurdistan, GOI and the oil companies, we learned the Cryan pipeline is also pumping oil again for export and we were told this oil revenue could also double the existing oil revenues. 😊

• Then, just in today’s news we learn about the silica find. Global consumption of silica sand reached approximately 479 million tons during 2024, with a value ranging between approximately $14 billion and $72 billion depending on the quality of the sand and the market price. Here the catch with this Silica. Iraq will need a developed country to step in and extract it and bring it to market. Oh… is this also something the US can do? With the Development Road Project, they will also have the means to deliver it. Oh boy, oh boy! Take a peek at the recent news in article titled “IRAQ SIGNS CONTRACTS WITH INTERNATIONAL COMPANIES REGARDING THE DEVELOPMENT ROAD”. 😊

• Take a peek at the recent article titled “TÜRKIYE EXPECTS TRADE WITH IRAQ TO RISE TO $30 BILLION”. Turkish Trade Minister Omar Polat revealed on Friday that trade with Iraq will rise to $30 billion in the medium term, against the backdrop of the “rapid expansion” of economic relations between the two countries.  This amount could easily double in the coming years.😊

• The connection with the World Trade Organization (WTO) and what this too will bring to Iraq for favored trading partners. Again, oh boy, oh boy! 😊

• The Central Bank of Iraq identified several key points for the banking reform plan agreed upon with the global company “Oliver Wyman” Take a peek at the recent article titled “CENTRAL BANK: DEVELOPING A “GLOBAL” PLAN TO REFORM IRAQI BANKS IN AGREEMENT WITH OLIVER WYMAN”  “Oliver Wyman”, noting that a turning point had been reached with the opening of a branch of the “Arab Bank” in Baghdad, so that banks in Iraq would be no less than the banks of the Emirates and Saudi Arabia.  “so that local banks will be at a level comparable to global and regional banks.”  😊

Iraq is filthy rich but remember they suffered from many years of corruption and the lack of desire from the western powers to help them. The good news is they now have leadership from both ends of the spectrum willing to work together, the GOI, the CBI and the western power of the U.S. and even China for that matter. But what about us, yes we are long-term investors in the dinar? Yes, we helped Iraq through difficult times and so when do we get our reward?

The Government of Iraq (GOI) is faced with challenges too. The foremost challenge is the current elections on November 11^th. Who will lead Iraq in these efforts. Will they switch to a bozo prime ministers again, like Nori al Maliki or Mustafa Al-Kadhim. I look at these prime ministers as “place holders” doing very little to progress Iraq while the sanctions remained in place and Iraq has to repay billions to Kuwait. Now these sanctions are over, and it is time for Iraq to blossom and it is blossoming.

We know the U.S. wants a part of this Iraqi wealth and Iraq will need a strong partner to help.  

One has to wonder where the U.S. was years ago. Why didn’t they get involved sooner? If you recall I talked many times about the lack of US involvement in the Iraqi economy and asked this critical question many times. I also added back then that when the U.S. finally steps up, we will see what we have been waiting for. Now is the time. As evident from the news from Iraq and the U.S. they are now stepping up.

This is easy to understand why Iraq has not moved ahead until now, as there were incompetent U.S. presidents during these early earlier years following the 2003 independence of Iraq. They were not concerned about Iraqi progress but more concerned about filling their own pockets and the pockets of their constituents. This is how these corrupt politicians in the US work. These presidents were also Iranian sympathizers and many even believe that President Obama is a Muslim himself. So go figure why he favored passivity versus actual action in his foreign policy in the middle east, especially with Iranian issues of terrorism. If you want to keep asking what is the holdup of the RV, then go ask these former presidents. They are to blame.

President Trump’s New Foreign Policy For Iraq:

😊 So, today we now have a really good idea what the Trump administration foreign policy is towards Iraq and the middle east in general. For Iraq we can take a look at the many articles we experienced over the last 6 months alone and piece it all together. Take a look at the most recent article titled “U.S. ENVOY LINKS IRAQ’S STABILITY TO ENDING IRANIAN INFLUENCE AND CURBING ARMED GROUPS”. All I can add to this article is that it is about time the U.S. got involved in Iraq, as far as investment goes and other important issues. “The appointment of U.S. Envoy Mark Savaya urged Iraq to unite under one government, end armed groups outside state control, resist Iranian interference, and build full sovereignty, stability, and prosperity with U.S. support. This just about sums it all up. This new strategy towards Iraq will work closely with Iraq. The new Trump foreign policy towards Iraq strategically culminates in a familiar and powerful slogan—”MAKE IRAQ GREAT AGAIN” aimed at rebuilding a strong, unified, and prosperous Iraqi state.”

😊 You might also want to refer back to an article from the October 21^st Newsletter titled “BETWEEN REFORM AND DICTATE, THE CENTRAL BANK LEADS BANKS TOWARD A FINANCIAL TRANSFORMATION WITH AN AMERICAN CHARACTER.” It is in the Archives.  I think that about sums it up too. Not much more to say about it. We move ahead and watch the country grow. Somewhere along the way we go to the bank.

Correction:

When I make a mistake, I admit it and then try to correct it quickly. So, in the October 28^th Newsletter I need to fix the calculation as follows. The result is 75 cents not 7 cents. This of course is very good news, but in a preceding above paragraph I did state it correctly in my example using the 25k note. I have already fixed the archived version. Thanks again to one of my faithful followers who caught this.

So, again let’s do the math and see what happens to the “official” rate per dinar under 1320. The rate per dinar is .0007575 under the official CBI rate, then drop three zeros = .0007575 leaving .75 or 76 cents rounded. So, the “purchasing” power did not actually change just the currency faces and images, now lacking the three zeros. However, inadvertently the rate does actually change to 75 cents when we talk per dinar and do the math. Am I missing something? Technically the CBI will not do a “formal” rate change, but we all know there will be a change since these smaller notes have to purchase just as much as the larger ones. This is the key.

Another easy example: The purchasing power of 1000 dinars will buy the same before as after the project that the 1 dinar will buy. Both were worth 75 cents before and after removing the zeros.

1000 dinar becomes 1 dinar, both are 75 cents.

Before removing the zeros: you go out and shop for a pair of shoe laces in Iraq. Today they cost 1000 dinars per pair. That’s actually 75 cents USD. You hand the merchant a 1000 dinar note. Purchase completed. There is no way to make change, coins don’t exist. There are no 25 dinar note either worth 25 cents. This is at the root cause of any inflation they do have since the merchant just marks up the shoe laces to 1000 dinars. Even with it, inflation is very low.

After removing the zeros: you go out and buy the same pair of shoe laces and they will still cost 75 cents. No change in cost (purchasing power). You hand the merchant a 1 dinar note and he gives you a 25 cent fil coin back.

We must remember what I am saying and stop all this intel guru nonsense about a 1:1 in-country. As much as you wish it was true it simply does not make any sense from what the CBI tells us in these recent published articles to educate the citizens. To have a 1: 1 situation the CBI would first have to first RV from the “official rate” and this too they told us is NOT going to happen. Read my lips – NOT GOING TO HAPPEN!

How many times must they tell us what is going to happen before we listen?

It is all there right in front of our noses only most refuse to believe. Besides why do you even care what they do in-country? What you want to see is the nominal rate put back on FOREX when it comes out following the project of removing the zeros. It is the repegging to a new basket and off the sole peg to the US dollar that will allow for a very high rate to be announced on FOREX.

Again, they told us they do not plan to float once they remove the zeros (but will float once on FOREX). The mere fact that they talked about not doing a float in the same articles about removing the zeros told us this FACT. Are you listening? Why would they talk about removing the zeros and then talk about whether to float on FOREX. It is like mixing apples and oranges. Get it? It does not make any sense folks. They are talking in these article all about the removing the zeros ONLY. Again, they will not float while on the sole peg to the US dollar while removing the zeros and they told us this many times. How many more times must you hear it. All you intel gurus reading my blog please stop this nonsense of 1:1. Stop these rumors. What the hell does it really matter to you anyhow?

I want to mention again that they told us there would be no change to the purchasing power when they conduct this effort and there won’t be.  

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?

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

Q & A

Questions: blknite706faf11a6

Various questions concerns as noted in comments…

Answer: Mnt Goat

Guten Tag und ich hoffe, es geht Ihnen gut. I have read through many of your comments in the blog and so I picked out what I thought were concerns or maybe questions dealing with humanitarian projects. Then if I think that the problems between the US and Iran will stop. Then will they revalue the dinar like it did in the last Iraqi war? (I am assuming you are referring to the Kuwaiti war of 1991?) I hope I can clarify these concerns.

So, for the first question/concern. If you are compiling some sort of business plan for humanitarian projects that will be helpful for you, however the banks are not going to give a damn about it. How can they? They are not managing your money. They are there to exchange your currency and maybe get you some financial advice to invest your money wisely. They want your money to stay in their bank. I have talked about these humanitarian projects before and cautioned everyone why these intel gurus are telling you this bullshit. They are selling you classes and advice on how to put together a business plan, then they lie and say this will get you a better rate. Really? All you needed to do is listen to the Bruce idiot conference call and this is exactly what they tell you and Sue wants to sell you her classes. How can this be since these exchangers don’t want you to give away your money but would rather have you invest it in their bank, get it? They will also not have the education nor the time to deal with your so-called humanitarian project plans….. lol.. lol..

You next concern seemed to be with Iran. We will never know the extent to which the US president Trump will allow Iranian influence in Iraq in signing off on the RV. All we can go by is what they have been telling us over these last few months. I have passed this on to everyone in my Newsletters. What do I believe? I think it will come down to come sort of compromise for now, allowing the RV, with promises for the future to get rid of all of them. Let’s see what happens in the 11/11 elections and if they get rid of many of these Iranian politicians. This will be the key. Just yesterday, Al-Sudani expressed a desire to rid Iraq of all the Iranian backed militias by September 2026. He says he needs more time. Did you happen to read that article? I will try to publish it in my Nov 6^th Newsletter and talk more about it then. He made this promise if the US will support him in this upcoming election. He needs another 4 years to finish his reform work.

Your next statement about revaluing the Iraqi dinar like they did with the Kuwaiti dinar. So I need to clarify this one more time since everyone is brainwashed on this Kuwaiti dinar and uses it as a justification for a like RV in Iraq. So, I want to emphasize that the IMF under direction from the UN “temporarily” took the KWD Kuwaiti dinar off of FOREX so Saddam could not use it to fund his army against coalition forces to throw him out of Kuwait. When the effort was over, they simply reinstated it. If FACT when they did reinstate the KWD , it was about 30 cents lower than before the takeover of Kuwait by Saddam. This is FACTUAL and so go look it up. Does this sound like an RV for the KWD? The KWD once reinstated was driven by market demands and rose to nearly 9 USD before they took it off the float. Again this was not an RV but short-term speculation. All speculation, get it? Yes, there is a lesson to learn from the Kuwait episode and it’s not to listen to these idiot intel gurus. Do your own research! Please go read or listen to my section called “About the RV”.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“YOUR ENEMIES ARE PLANNING FOR A DARK WINTER”

You can start watching the video at the 17:34 mark.  Third one from Oct 18^th.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

UNDERSTAND HOW IRAQ’S NEIGHBOR, IRAN, HOW IT BECAME SO DANGEROUS TO THE GLOBAL COMMUNITY

I would recommend anyone who is invested in the Iraqi dinar or Iranian Toman/Rial to watch this video. It can give you an understanding of the relationship between Iraq, Iran and the United States. This might help you understand more the cause of the breakdown of the relationship between the U.S. and Tehran. I think it’s a well-done presentation worth watching to understand why Iran wants a proxy control over Iraq. As long as the current Iranian regime is in power, we will NEVER have peace in the middle east.

‘BIGGEST COVERUP IN AMERICAN PRESIDENTIAL HISTORY’

Findings of oversight committee hearings are out. Forwarded to justice department for further investigation and possible indictments. Many of Biden’s Executive Orders and Pardons might all be voided. Almost every week we hear about another explosive coverup or scandal by this Biden presidency.

MORE INFORMATION: OPERATION “ARCTIC FROSTBITE”

THE JUSTICE DEPT TO TAKE ACTION AFTER BLISTERING AUTOPEN REPORT

BIDEN CONTROVERSY BREAKS SILENCE ON BOMBSHELL AUTOPEN REPORT

Multiple prophets tell us from God that there was an actor(s) in the presidency instead of the real Joe Biden. Joe as died way before the election occurred. The dems has no other plausible candidate for president and continued down the road with a ‘fake’ Biden. As we watch this autopen scandal unfold, I believe it may be the key to unraveling the entire shenanigans about his presidency and how they fooled the American people.

FBI OPERATION ‘ARCTIC FROSTBITE’

What charges were there to justify such actions by Jack Smith. Spying on senators and congressmen at least 430 that we know now and all republicans? Also the way he went after Donald Trump and many of his associates. There needs to be accountability and justice over this abuse of power. Are the republicans strong enough in will to follow through and demand justice? Or are we just going to spend millions again of tax payer money in another investigation and no one is accountable?

A NEW WEALTH TO RIVAL OIL: BILLIONS OF DOLLARS BENEATH THE SANDS OF IRAQ

The Eco Iraq Observatory announced on Saturday the quantities of silica sand discovered in the governorates of Anbar and Najaf, describing it as “white gold”.

The observatory said in a statement that “Iraq’s environment is rich in natural resources that are no less important than oil, most notably silica sands,” indicating that “initial explorations indicate that Anbar province contains about 600 million discovered tons and more than one billion tons of reserves with a purity of up to 98%.”

The observatory added, “In the Najaf Governorate, there are quantities estimated at about 330 million tons of sand suitable for glassmaking, and about 577.5 million tons for colored glassmaking, bringing the total to about 907.5 million tons of silica sand explored with a purity of nearly 95%.” It pointed out that “the price of one ton of silica sand ranges between $100 and $150, which makes investing in these resources capable of supplying the general budget with billions of dollars, in addition to providing more than 10,000 job opportunities in the two governorates.”

The observatory criticized “the weakness of the procedures for investing in these raw materials despite the existence of Iraqi competencies capable of managing them,” stressing “the need to amend the Mineral Investment Law No. 91 of 1988, as amended, in order to provide greater opportunities for discovering and investing in the country’s natural resources.”

He confirmed that “Investing in this sand will provide more than 10,000 job opportunities.”

Silica sand is used in the manufacture of glass, silicone products, and building materials. It is also used in electronic devices, solar cells, and filtration processes. Global consumption of silica sand reached approximately 479 million tons during 2024, with a value ranging between approximately $14 billion and $72 billion depending on the quality of the sand and the market price.

TÜRKIYE EXPECTS TRADE WITH IRAQ TO RISE TO $30 BILLION

Turkish Trade Minister Omar Polat revealed on Friday that trade with Iraq will rise to $30 billion in the medium term, against the backdrop of the “rapid expansion” of economic relations between the two countries. Polat said in a statement carried by the Turkish Anadolu Agency that “the volume of trade between Turkey and Iraq will reach $20 billion in the short term, and $30 billion in the medium term.”

This was in response to a visit he made to Baghdad on Thursday, where he met with his Iraqi counterpart, Minister of Trade Atheer Al-Ghurairi, and they held the second meeting of the Iraqi-Turkish Economic and Trade Committee, which aims to develop relations between the two countries.

He noted that he led a delegation of more than 100 Turkish businessmen on a visit to Baghdad, which included a delegation of 19 companies in different sectors, in addition to a delegation of Turkish contracting companies that held intensive meetings with their Iraqi counterparts.

Polat participated in the opening of the Turkish Export Products Exhibition in Baghdad, which was organized with the support and coordination of the Ministry of Trade and under the supervision of the General Secretariat of the Mediterranean Exporters’ Associations in Türkiye.

During the visit, Bolat met with his Iraqi counterpart, Atheer Dawood Salman Al-Ghurairi, and discussed with him ways to facilitate trade exchange and improve the investment environment, as the second phase of the protocol of the joint economic and trade cooperation committee between the two countries was signed.

The protocol stipulated taking concrete steps to enhance cooperation in the areas of trade, investment, logistics, and infrastructure, in addition to signing a cooperation agreement in the field of exhibitions to increase coordination in organizing joint economic events.

Polat also participated in a roundtable meeting between Turkish contracting companies and Iraqi bodies concerned with projects, and new opportunities were discussed to implement high value-added projects and increase the share of Turkish companies in the Iraqi market.

Polat noted that Turkish exports to Iraq amounted to $8.7 billion during the first nine months of 2025, while the total volume of bilateral trade reached about $12 billion during the same period.

He added that Turkish companies have implemented 1,145 projects in Iraq (he did not specify when) with a total value of $36.6 billion, which is equivalent to about 6.7% of the total projects they have implemented globally, making Iraq the third largest market in the world for Turkish contractors.

Polat explained that Turkish engineering, architecture and consulting companies have also implemented nearly 200 projects worth $400 million in Iraq.

He pointed out that Ankara is ready to provide all forms of support for Iraq’s reconstruction projects, especially the “Development Road” project, which is one of the most prominent joint strategic initiatives between Ankara and Baghdad.

Shafaq.com

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U.S. ENVOY LINKS IRAQ’S STABILITY TO ENDING IRANIAN INFLUENCE AND CURBING ARMED GROUPS

U.S. Envoy Mark Savaya urged Iraq to unite under one government, end armed groups outside state control, resist Iranian interference, and build full sovereignty, stability, and prosperity with U.S. support.

 

In a declaration that fuses the branding of American presidential politics with the high-stakes geopolitics of the Middle East, newly appointed U.S. Special Envoy to Iraq, Mark Savaya, has officially unveiled his mission, declaring in a bold and comprehensive statement his intent to help guide Iraq toward full sovereignty, free from the grip of armed groups and “malign external interference.”

The official statement, issued from his X account on Friday, strategically culminates in a familiar and powerful slogan—”MAKE IRAQ GREAT AGAIN”—framing his new diplomatic role not as a continuation of past policy, but as a revitalized, Trump-branded project aimed at rebuilding a strong, unified, and prosperous Iraqi state.

The appointment of Savaya, a Detroit-area entrepreneur of Chaldean-Iraqi heritage with deep personal and political ties to President Donald Trump, has already sent a clear signal of a more direct, personalized, and transactional American approach to its complex relationship with Baghdad.

His inaugural statement now provides the clearest and most detailed articulation yet of the ambitious mandate he carries, one that directly targets the core challenges that have plagued Iraq for decades: the erosion of state authority by powerful militias, the corrosive influence of Iran and its proxies, and the persistent friction between federal and regional authorities, all while championing unity and economic revival.

Dissecting the Mandate: A Blueprint for a New Iraq

Savaya’s official statement is not merely a diplomatic pleasantry but a carefully constructed blueprint of the Trump administration’s objectives in Iraq.

It begins with a measured acknowledgment of recent progress before pivoting to a forceful and unambiguous outline of the core challenges and the American position on them.

The statement opened with a nod to the current Iraqi leadership. “Over the past three years, Iraq’s leadership has taken important steps to guide the country in the right direction, both politically and economically,” Savaya wrote.

This diplomatic opening serves as a recognition of the efforts of the current government while simultaneously setting the stage for the assertion that this progress is incomplete and fragile.

He continued, noting that “Iraq has begun to reemerge as a sovereign state, working to reduce external influences, bring all weapons under the control of the legitimate government, and open its markets to international companies to help rebuild and develop the country’s fragile infrastructure.”

However, this positive assessment was immediately followed by a crucial caveat: “However, the work is not yet complete, and Iraq still requires continued support to remain on this path.”

The core of the envoy’s mission, however, was articulated in a direct and forceful challenge to the status quo of armed groups operating with impunity.

“The United States Government has made it clear that there is no place for armed groups operating outside the authority of the state,” Savaya declared. This line is a direct reference to the powerful, often Iran-backed, militias that have embedded themselves within the Iraqi state, challenging its authority and controlling vast political and economic networks.

He explicitly linked the nation’s entire future to the resolution of this existential threat. “Iraq’s stability and prosperity depend on having unified security forces under the command of a single government and the Commander in Chief of the Armed Forces, united under one flag that represents all Iraqis. Without this unity, Iraq’s sovereignty and progress will remain at risk.”

The statement did not shy away from naming the primary source of this destabilizing influence. “The interests of the Iraqi people and of the wider region depend on a fully sovereign Iraq, free from malign external interference, including from Iran and its proxies,” he stated.

This is the most direct articulation of the anti-Iran thrust of his mission, framing it as a fight to liberate Iraq from the grip of its neighbor and allow it to become a nation “committed to serving its citizens and living in peace with its neighbors.”

Critically for audiences in the Kurdistan Region and for the broader stability of the country, the new envoy stressed the importance of internal cohesion and cooperation.

“In this context, unity and cooperation between Iraq’s federal and regional authorities are essential to ensuring lasting security, economic growth, and national cohesion,” he stated.

This line has been widely interpreted as a signal that Savaya intends to play a role as a bridge-builder between Erbil and Baghdad, a position strengthened by his known affinity for the Kurdistan Region.

Finally, Savaya defined his personal role and the overarching philosophy of his mission. “It is my mission, on behalf of President Trump, to engage with Iraq and support its continued pursuit of stability, sovereignty, and prosperity,” he wrote, before concluding with an affirmation of the bilateral relationship and his own commitment.

“Iraq remains of great importance to both the region and the United States. It will continue to stand as one of America’s strongest and most valued partners, and I am committed to further strengthening this relationship as I assume this honorable role as Envoy. MAKE IRAQ GREAT AGAIN,” Savaya concluded.

A Quintessentially Trumpian Choice

The appointment of Mark Savaya, announced by President Trump on his Truth Social platform on October 19, is a classic example of the President’s preference for personal emissaries over career diplomats.

Trump praised Savaya’s “deep understanding of the Iraq-U.S. relationship and his connections in the region,” but also pointedly highlighted his instrumental role in securing a “record vote with Muslim Americans” during his campaign in the crucial swing state of Michigan.

This fusion of foreign policy with domestic political victory is a hallmark of the Trump style. Savaya is not a product of the State Department but of the world of business and entrepreneurship. As the owner of Leaf and Bud, a prominent marijuana dispensary in the Detroit area, and a financial contributor to Trump’s campaigns, he is a loyalist and a trusted member of the President’s inner circle.

This profile, as noted by observers, suggests a U.S. policy toward Iraq that will be driven by a transactional, deal-making ethos, prioritizing tangible economic and commercial objectives as the primary levers of American influence. The choice of a special envoy itself, rather than relying solely on the U.S. ambassador, is a significant signal, reflecting Trump’s pattern of using personal representatives like Jared Kushner and Steve Witkoff to bypass traditional diplomatic channels and execute his strategic vision directly.

A Welcome Appointment for Sovereignty Advocates

Savaya’s appointment and his strongly worded inaugural statement have been met with swift and enthusiastic endorsement from key pro-sovereignty figures in Iraq, who see him as a powerful new ally in their long struggle against the dominance of Iran-backed militias.

Hoshyar Zebari, a veteran Kurdish statesman and former Iraqi Foreign Minister, immediately hailed the appointment as “a welcome news & a bold decision to restore Iraqi sovereignty & independence away from corruption & mismanagement of its resources, and militias rule.” Zebari’s statement immediately framed Savaya’s mission with a clear and challenging mandate, positioning him as an agent of change against the powerful armed groups that have embedded themselves within the Iraqi state.

This endorsement suggests that Savaya will be welcomed by a significant coalition of actors in both Baghdad and Erbil who see a more assertive American engagement as essential to rebalancing the country’s internal power dynamics.

Ano Jawhar Abdoka, the Kurdistan Region’s Minister of Transportation and a senior Christian leader, also praised the appointment as “a source of pride and a symbol of trust,” and a recognition of the “remarkable capacities of our Chaldean people.”

Economic Statecraft and the “Make Iraq Great Again” Doctrine

Savaya’s adoption of the “Make Iraq Great Again” slogan is a calculated move to brand his mission with the promise of revival and renewal. In an Iraqi context, it taps into widespread frustration with decades of governance failures and corruption.

It also signals that his approach will be grounded in concrete economic and commercial objectives, a language both he and President Trump understand fluently.

One of the most immediate and sensitive challenges he faces is confronting the Iran-backed militias and their deep entanglement in Iraq’s economy.

His mission will likely involve a multi-pronged strategy to dismantle what is termed Iraq’s “shadow economy”—a network of banks, companies, and financial actors allegedly used to evade American sanctions and sustain Iranian proxy groups.

By leveraging his business acumen, Savaya may focus on pushing for greater financial transparency, strengthening the rule of law to curb the economic power of the militias, and promoting Iraq’s energy independence to reduce its reliance on Iranian gas and electricity. His known respect and affinity toward Kurdistan and its leadership, particularly President Masoud Barzani, is another crucial dimension of his appointment.

For many in the Kurdistan Region, his role offers renewed hope for a more effective American interlocutor on longstanding disputes with Baghdad over budget allocations, revenue sharing, and constitutional rights.

A U.S. envoy sympathetic to Kurdish priorities could significantly tilt the balance in federal relations, offering the Kurdistan Region a powerful advocate within the Trump administration’s inner circle. As Mark Savaya embarks on his mission, he carries with him not just the authority of the American presidency, but the weighty expectations of a nation yearning for stability and a new chapter of prosperity.

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IRAQ SIGNS CONTRACTS WITH INTERNATIONAL COMPANIES REGARDING THE DEVELOPMENT ROAD

Minister of Transport Razzaq Muhaibis Al-Saadawi announced today, Friday, that the ministry is in the process of contracting with a third party to audit the technical company responsible for the Development Road, noting that this road is an integrated economic project targeting 8 sectors.

Al-Saadawi stated in a press release that “the Ministry of Transport has worked to overcome the challenges in the Development Road project by utilizing foreign expertise,” noting that “this is a strategic and large-scale project, the first of its kind in Iraq, and therefore foreign expertise is necessary.”

He added that “the Ministry has engaged technical consultants from the Italian company BTP, and also engaged financial and economic consultants from the American company Oliver Wyman. Furthermore, a contract was signed with the American company KBR to audit Oliver Wyman,” indicating that “the Ministry is currently in the process of contracting with an auditor or a third party to audit the technical company.”
Al-Saadawi explained that “this road is an integrated economic project targeting eight sectors, and several countries are interested in participating in the project,” confirming that “a high-level committee and a commission are planned to be formed to manage the Development Road project.”

The “Development Road” is a road and railway that extends from Iraq to Türkiye and its ports, with a length of 1200 kilometers inside Iraq.

The “Development Road” is one of the most important pillars for linking Türkiye with Iraq and the Gulf, and is considered one of the shortest routes that connect the Gulf with Europe.

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TRUMP’S ENVOY: IRAQ IS OF PARAMOUNT IMPORTANCE TO THE REGION AND THE UNITED STATES

The new US envoy to Iraq, Mark Savaya, affirmed on Friday that Iraq is of paramount importance to the region and the United States, and that it is one of the United States’ strongest and most valuable partners, stressing that the Iraqi leadership has taken important steps to steer the country in the right direction.

In a statement posted on his X platform account, Savaya said: “Over the past three years, the Iraqi leadership has taken important steps to steer the country in the right direction, politically and economically, and Iraq has begun to recover as a sovereign state, working to reduce external influences and put all weapons under government control.” He added that “Iraq still needs continued support to continue this path and that there will be no place for armed groups operating outside the authority of the state in Iraq, and all groups must be unified under one leadership.”

He added that “Iraq’s stability and prosperity depend on the existence of unified security forces under the leadership of one government and one flag that represents all Iraqis,” noting that “the interests of the Iraqi people and the region as a whole depend on an Iraq that enjoys full sovereignty, is free from foreign interference, and is committed to serving its citizens and living in peace with its neighbors.”

He pointed out that “unity and cooperation between the Iraqi federal and regional authorities are essential to ensuring sustainable security, economic growth and national cohesion,” noting that “Iraq is a pivotal country in the region, and it must play its natural role in promoting peace, security and regional stability, and Iraq should not go back to the past or adopt an approach that hinders progress and unity.”

The US envoy continued: “My mission, on behalf of President Trump, is to engage with Iraq and support its ongoing pursuit of stability, sovereignty, and prosperity. Iraq remains of vital importance to both the region and the United States, and will remain one of America’s strongest and most valued partners. I am committed to strengthening this relationship as I assume this honorable role as envoy.”

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AN AMERICAN PROJECT TO RESTRUCTURE IRAQ, END IRANIAN INFLUENCE, AND UNIFY DECISION-MAKING BETWEEN BAGHDAD AND ERBIL.

Washington’s discovery, through the first official statement of US President Donald Trump’s envoy to Iraq, Mark Safaya, about a clear change in his views on the Iraqi issue, is on the transition from Traditional diplomatic address to the project of establishing the Iraqi state against any foreign influence, except Iranian character.
Concerned that the first statement of the US ambassadors is a roadmap for a new phase, Safaya has just said that Iraq needs an active role Work on the accumulation of weapons within the state and prevent foreign intervention.

In contrast, this address is Washington’s desire to restructure the Iraqi security system, which guarantees the creation of a number of power centers, which is in line with the Trump administration’s goals One of the expansion of financial institutions in Tehran within state institutions.

As Safaya’s reference to bad foreign intervention is a clear indication of Washington’s direct intention to confront Iranian influence in Iraq, it benefits from the situation

possible transaction Popular and political resentment towards the power of the armed factions.

 
The focus on cooperation between Baghdad and Erbil is a strategic guarantee that aims to rebuild the unity of national resolution and achieve a balance between the situations The regional side of the exploitation of domestic divisions.
Political centers said the US move would pave the way for Iraq’s reintegration into the Western economic and security system It includes opening the markets of international companies and encouraging investments in Al-Bani al-Tahtiya, against the Iraqi commitment to expose any armed forces outside the jurisdiction of the state.

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THE CENTRAL BANK CONFIRMS A RAPID RESPONSE FROM BANKS TO JOIN THE BANKING REFORM PLAN.

Central Bank Governor Ali Al-Alaq confirmed on Friday that there is a broad response from most banks to join the banking reform plan, and he set a date for its final implementation, noting that the reform process has entered advanced stages.

Al-Alaq told the official agency, as reported by Iraq Observer, that “the Central Bank is now working intensively on two plans: the first to reform the government banking sector, and the second to reform private banks, in cooperation with an international company.”

He added, “The two plans have made very significant progress, and we are now in advanced stages of this work. We expect to proceed with steady steps within the plan, which will lead to the achievement of a stable banking sector, capable of communicating with the outside world and of making a qualitative contribution to the national economy. It will also be able to keep pace with global transformations, especially digital ones, and respond to the requirements of various economic aspects, in harmony with general trends and major transformations.”

He pointed out that “the banking sector reforms today are not superficial or patchwork measures, but rather fundamental processes related to rebuilding the banking sector,” indicating that “banks are now facing a historic decision,” noting that “the reform plan has faced mixed reactions, but the Central Bank has been clear in its position on reform.”

Al-Alaq stressed that “a meeting was held with all banks, and we explained that this plan is not an option, but rather a path linked to local and international legal, regulatory, financial and digital requirements that cannot be ignored, and there is a strong determination to implement it.”

He continued, “We have entered into a series of dialogues and discussions with the banks and listened to the different viewpoints,” noting that “there is a very high rate of response from most banks to enter into the reform plan and they have given a commitment to that,” explaining, “We are about to start a new phase to follow up on the implementation of the reform steps.”

Al-Alaq indicated in his speech that “within five years or sooner, we will witness a different banking sector in Iraq.”

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AL-ALAQ: THE CENTRAL BANK IS WORKING ON TWO PLANS TO REFORM THE BANKING SYSTEM… WE HAVE ENTERED ADVANCED STAGES.

On Friday, October 31, 2025, Central Bank Governor Ali Al-Alaq spoke about the details of two plans the bank is working on as part of reforming the banking sector, noting that the reform process has entered advanced stages .

Al-Alaq said in a press statement followed by “Al-Jabal” that “the Central Bank is now working intensively on two plans: the first to reform the government banking sector, and the second to reform private banks, in cooperation with an international company.”

He added, “The two plans have made very significant progress, and we are now in advanced stages of this work. We expect to proceed with steady steps within the plan, which will lead to the achievement of a stable banking sector, capable of communicating with the outside world and of making a qualitative contribution to the national economy. It will also be able to keep pace with global transformations, especially digital ones, and respond to the requirements of various economic aspects, in harmony with general trends and major transformations.”

He pointed out that “the banking sector reform operations today are not formal or patchwork procedures, but rather radical operations related to rebuilding the banking sector,” indicating that “banks are now facing a historic decision,” noting that “the reform plan has faced mixed reactions, but the Central Bank has been clear in its position on reform.”

Al-Alaq stressed that “a meeting was held with all banks, and we explained that this plan is not an option, but rather a path linked to local and international legal, regulatory, financial and digital requirements that cannot be ignored, and there is a strong determination to implement it.”

He continued, “We have entered into a series of dialogues and discussions with the banks and listened to the different viewpoints,” noting that “there is a very high rate of response from most banks to enter into the reform plan and they have given a commitment to that,” explaining, “We are about to start a new phase to follow up on the implementation of the reform steps.”

Al-Alaq indicated in his speech that “within five years or sooner, we will witness a different banking sector in Iraq.”

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CENTRAL BANK: DEVELOPING A “GLOBAL” PLAN TO REFORM IRAQI BANKS IN AGREEMENT WITH OLIVER WYMAN

The Central Bank of Iraq identified several key points for the banking reform plan agreed upon with the global company “Oliver Wyman”, noting that a turning point had been reached with the opening of a branch of the “Arab Bank” in Baghdad, so that banks in Iraq would be no less than the banks of the Emirates and Saudi Arabia. 

Central Bank spokesman Alaa Al-Fahd said, “The plan is the most important strategy undertaken by the Central Bank to develop the financial and banking sector in Iraq in cooperation with the global company (Oliver Wyman),”  noting that “the plan is represented by digital and electronic transformation, diversifying the base of financial inclusion and moving away from paper transactions, so that local banks will be at a level comparable to global and regional banks.” 

Al-Fahd added that “this plan needs time to be implemented despite the existence of very large challenges that it may face,” expecting “the banks’ agreement to enter into the reform plan to be a successful first step towards a path that extends from 3 to 5 years .  “

He explained that “the turning point is the opening of a branch of (Arab Bank) in Baghdad, which is evidence of competition in the local, Arab, regional and international banking sector, so that banks in Iraq are no less than the banks of the Emirates and the Kingdom of Saudi Arabia, and its application in cooperation with the global company makes these banks operate at a global level of financial services, improve their quality, develop human resources and apply technological transactions and cybersecurity within a comprehensive plan for technological, financial and banking reform and development in Iraq.”  

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FINANCIAL EXPERT: PEOPLE DO NOT TRUST BANKS AND ARE STORING THEIR MONEY AT HOME.

Financial expert Mahmoud Daghir revealed on Sunday that the amount of cash held by the public is estimated at around 90 trillion dinars, out of a total money supply of 98 trillion dinars in Iraq. 

Daghir, a former director at the Central Bank of Iraq, stated in a press interview that “the total amount of currency issued is around 98 trillion dinars, of which 88 to 90 trillion is held by the public.” He added, “The public doesn’t just mean individuals, but also merchants, contracting companies, and industrialists.” (And don’t forget investors in the dinar outside of Iraq.)

He explained that “Iraqis hoard money instead of depositing it in banks because our society prefers cash transactions and needs a long time to adapt to electronic payment methods. Moreover, some depositors lack confidence in banks following recent setbacks.” He pointed out that “these are all behavioral issues. People are accustomed to holding onto a portion of their money, and so are companies. This is how Iraqis think.”

According to specialists, this phenomenon has many negative aspects, including that the central bank loses its actual control over the money supply, and that its tools such as the interest rate or rediscount become less effective, while banks suffer from a shortage of liquidity, which weakens their ability to finance projects and pushes investors towards informal financing, in addition to the difficulty of managing inflation due to the money supply not officially circulating, which negatively affects the central bank’s decisions in achieving its main goal, which is to control the general level of prices and achieve stability.

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The Sudanese president declares it openly: I want a second term.

Prime Minister Mohammed Shia al-Sudani confirmed on Monday that the disarmament of armed groups is linked to the withdrawal of international coalition forces, which will take place next September, and stressed his desire to obtain a second term.

Al-Sudani told Reuters that “Iraq has pledged to put all weapons under state control, but that will not work as long as there is a US-led coalition in the country, which some Iraqi factions consider an occupying force.”

He added that “there is still a plan for the international coalition against ISIS to withdraw from Iraq by September 2026, because the threat of armed Islamist groups has declined significantly.”

He said: “ISIS does not exist. Security and stability exist… So give me an excuse for the existence of 86 countries (in the coalition),” referring to the number of countries that have participated in the coalition since its formation in 2014. 

He added: “At that point, there will certainly be a clear program to end any weapons outside the state institutions. This is everyone’s demand,” noting “the possibility of factions joining the official security forces or entering the political arena by laying down their weapons.”

He pointed out that “no party can drag Iraq into war.”

When asked about the increasing international pressure on non-state armed groups in the region, al-Sudani said: “There is plenty of time; the situation here is different from Lebanon.”

He continued: “Iraq is clear in its positions to maintain security and stability, and that state institutions are the decision-makers in war and peace, and that no party can drag Iraq into war or conflict.”

Al-Sudani said: “There is a clear, intensive and qualitative entry of American companies into Iraq,” including the largest agreement ever with General Electric to generate 24,000 megawatts of power, which is equivalent to the country’s current total production capacity.

Al-Sudani stressed that the agreement with the American company Excelerate for liquefied natural gas to provide liquefied natural gas helped Iraq cope with frequent power outages.

Al-Sudani praised the preliminary agreement recently signed with ExxonMobil, saying that “the advantage of this agreement is that Iraq, for the first time, is agreeing with a global company on the development of oil fields, along with an export system.”

She pointed out that “American and European companies have expressed interest in a plan to build a permanent platform for importing and exporting gas off the coast of the Grand Faw Port, which will be the first project there,” indicating that “the government has set a deadline of the end of 2027 to stop gas flaring completely and achieve self-sufficiency in it, and stop importing gas from Iran.”

He said: “We burn gas worth between four and five billion dollars annually, and we import gas worth 4 billion dollars annually. These are wrong policies, and our government is working to find solutions to these problems.”

Regarding the elections, Al-Sudani explained: “We expect a big win and we want to continue on this path,” adding that he desires a second term. 

He expressed his belief that this year’s elections will see a higher turnout than the parliamentary participation rate of about 40% last year, which had decreased from about 80% two decades ago.

Al-Sudani listed the number of unfinished projects he inherited from previous governments – 2,582 projects, according to him – and indicated that he “spent a small part of their initial cost to complete them.”

He concluded by saying: “I am not worried about Iraq’s financial and economic situation. Iraq is a country rich in resources, but my concerns are about the delay in implementing reforms.”

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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

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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October 30, 2025 Mnt Goat News Brief

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I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

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Psalm 37:4

“Delight yourself in the Lord; And He will give you the desires of your heart.”

STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

Growing up in the USA as a child, my mother would take us children out to the neighborhood for Trick-or-Treating on Halloween night, as soon as the sun set. As we got older we stayed out much longer, taking in stashes of candy. We would stay out as long as lights on porches welcomed us and we always felt safe. People opened up their homes to us not only to give us a treat, but to learn who we were, our names and where we lived. It was really a social night to get to know your neighbors. This went on for a decade or more as a child. I thought it would never end. I enjoyed this event and looked forward to someday taking my own children Trick-or-Treating . It was an event I would begin dreaming about as the weather cooled and the leaves turned each year, overcome only by, of course, Christmas. Yes, traditions are nice to have and enhance our lives.  

Then something terrible happened. The government mandated racial Integration Laws toof effect and the government funded housing projects were built on vacant farm land. Soon it was not safe to walk the neighborhood after dark. Drugs and crime rose like we never experienced before. Our neighborhood of innocence was gone. Then that following Halloween razor blades were found in apples and laced candy made us sick. Kids in their costumes were beaten and ambushed, their candy stolen, as they walked the neighborhood that night.  

I tell this story of my childhood not to depress anyone or discourage neighbors from Trick-or-Treating. But because this is a memory of what happened to the innocence of our nation too as a whole. It is just a symptom of something much greater. This was a sign that the innocence of our nation broken by some ideology. What ideology? I believe it was the communist ideology as the basis for this mandated integration laws that infiltrated into our politics. Do racial integration laws really work? Remember the communist approach to controlling the will of the people is to have everyone dependent upon the government for everything. Is this really a step into communism? To do this they must destroy all that is good and independent. We see this now too over 50 years later with global integration  mandates in UN Agenda 2023 and 2050 from the United Nations. They call it ‘Open Borders” this time but it’s the same crap I experienced as a child in my neighborhood. The integration laws of the sixties and seventies was just the beginning. Now the introduction of the full-scale ideology into the U.S. (and other nations I might add). Take the wealthy and prosperous and turn them to the same level as the poor and messed up. “What’s good for one is good for all”, the communist says. Don’t believe me?

Are they “supposed” just “good intended” laws that really don’t work? But there is really a more sinister plot here being played out. We have already experienced the open border phenomenon of the Biden era and what harm it causes. The weird part is, why do the democrats want it to continue when we already can see the harm? Do we then instead of elevating lives by our government policies bring more lives down to a level of crime and poverty? Are we spreading resentment towards poverty rather than trying to contain it and deal with it in a charitable and reasonable way? The U.S. can’t have outside entities telling us how to live. Why do politicians then go along with it? Don’t they care about the Constitutional Republic to which we live. Just because they are elected using the democratic process does not mean they can solely dictate how we will live. It is the US Constitution that dictates this.

These government programs of handouts are proven not to work, time after time and yet the democrats still want more. I am sure you have heard the saying that it is better to feed someone by teaching them to fish, than to make them dependent on feeding them fish forever. That’s what social programs are. They are meant as temporary help but can easily turn into a dependency. This is why we must first create jobs and have educational opportunities, then put limits on the benefits. This is what the current president Trump is trying to do with Medicare. He is trying to rein in the system. Get it?

Get the lazy asses back out to work. We are also way too easy on drug addicted people. Why do we spend billions of drug rehab, I don’t get it. Remember you took the drugs and nobody forced them on you. Why should society pay for your stupidity?  So, these memories stick hard with me. Halloween trick or treat had to end sometime but not like this…..  

In Germany we didn’t used to have Halloween when I first moved to our village, instead it was a fall harvest festival season with Oktoberfest events of dancing and food. Winterfest has now seemed to take over these events as Halloween in the fall has replaced them and is becoming more popular.   

“Süß oder saueres!” is what you might hear children trick-or-treating in Germany say when they knock on your door. Halloween has been celebrated in Germany for just the last 25 years, and the “trick” aspect of Halloween traditions makes many Germans angry, as well as the overlap with St. Martin’s Day, a holiday that follows under two weeks after Halloween on November 11.  On St. Martin’s Day children walk around the neighborhood with lanterns, singing songs and reciting poems in exchange for treats. 

Though many Germans are unhappy with Halloween’s growing popularity in Germany, retailers rejoice: Costumes go on sale in department stores and Halloween-themed candy shows up on supermarket shelves.  

I just want to say that I wish everyone a SAFE and ENJOYABLE Halloween time. Please let us all try to bring back to reality our memories (my memories) of Halloween and what it could be like for our children too someday. But it takes us united to do it.

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No! There is no RV or Reinstatement of the Iraqi dinar yet. There are NO newer smaller category notes issued or pictures even shown to anyone yet by the CBI and that includes the 10 and 50 categories. This is per my CBI contact.

Don’t let these intel gurus or internet idiots fool you with their hyped-up sites. They only want your clickity-clicks. We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and so let the FACTS speak for themselves.

I assure everyone that there are absolutely NO newer lower denominations being distributed in Iraq anywhere. I just talked to my CBI contact yesterday and the CBI has not even released the notes yet. The instructions to the citizens as to how to exchange them along with pictures of them have also not begun. However, I will say that my contact told me that she is waiting for the “green light” to begin. What could be holding it up? Could it be the elections?

We all should now be VERY familiar with the five (5) main issues that the U.S. has stated must be completed prior to any reinstatement. In case you forgot you can go to my Archives and find the September 16^th Newsletter and review. We know the removing of zeros is to be closely followed by the reinstatement, and so once it has started there is almost no turning back. So, go figure why they have not yet been given the green light.

Also in the news Iranian President Masoud Pezeshkian proposed on Tuesday the creation of a unified regional currency for the region’s countries, with the aim of enhancing trade and strengthening economic cooperation amid ongoing international sanctions on Tehran. I almost kicked over laughing when I heard this notion from Tehran. I asked “really”? Sure they would luv this to happen.

Of course, this would be perfect for Iran since they already had two lops of their currency and it’s going down the tubes in the last couple years. I don’t think having them integrated into a common middle eastern currency would be good for the rest of the regional countries. Iran would drag everyone else down with the heavy sanctions. The U.S. would then have to lift the sanctions, which I do not believe would be a good thing. A regime change must first occur and this support of these terrorist organizations  must stop. Iran must learn it does not pay to terrorize. But they do it for ideology not for prosperity of their own people. Very sad! You can go read the full article here link.

In this critical time of the RV and Reinstatement I want to caution everyone about this woman called Melanie Hinds. Please, please stay away from her videos on YouTube or elsewhere. This woman copies and just repeats nonsense from rumors and opinions to more rumors and opinions. No intelligent information to share. She just wants the clicks on her site and will caption anything and say anything to get it.

This is her Iraqi dinar intel show.

She does absolutely no research or FACT checking on what she hears. Again, she just scoops up whatever suits her on the internet and broadcast it. She will tell you she is a financial wizard and expert in the Iraqi dinar and middle easter matters. Really? Either she is just plain stupid or mentally retarded. There are many people who bash her in the internet and rightfully so. She is an idiot!  First, she brags about her financial background and then we find she was fired from her job in her ‘financial position’ for alcoholism. Her new revelation is now she claims to be in contact with the spirit world which is giving her RV intel. Yes, she is prophet now…lol.. lol… lol.. Please stop it! I am getting a headache already…lol… lol…  lol…. I am laughing so much….

What else is in the news?

😊As you can determine there is not a lot of meaningful news today to report on the removing of the zeros. Everything seems to be waiting mostly to see the outcome of the Iraqi elections. Who will be the next prime minister, his key cabinet members, speaker and president. Funny how the U.S. comes out with recent news in the article titled “US POLITICIAN: WASHINGTON IS RESTRUCTURING ITS POLICY TOWARDS BAGHDAD AND WILL NOT INTERFERE IN IRAQI ELECTIONS”. Remember that we must look closely at what the do and not so much on what they say.

US Republican Party member Tom Harb asserted that US President Donald Trump’s appointment of businessman Mark Savaya as his special envoy to Iraq reflects Washington’s desire to reformulate its policy towards Baghdad, thereby limiting Iran’s growing influence and restoring balance in the region . And just how is he going to do this? Just so you know I believe its all very good for Iraq but still surprisingly ironic.

😊In my October 28^th Newsletter article titled “AL-DULAIMI: TRUMP’S ENVOY DEMANDED CONTROL OF SEVEN SOVEREIGN MINISTRIES IN THE NEXT GOVERNMENT. INCLUDING THE CENTRAL BANK!!!” WOW! WOW! WOW! the new US envoy is noted as stating he stressed that the selection of the presidency, the prime minister, and the speaker of the parliament, in addition to the ministries of interior, defense, finance, oil, and the central bank, will be subject to the American vision, without allowing the elected government to interfere in the files of these positions due to their sensitivity.

Subject to “American vision”? What hell does that mean, if not interference?

He stressed that the US administration views Iraq as a “testing ground” between two opposing projects, one seeking freedom and prosperity and the other orbiting Tehran .

He added, “The appointment of a special envoy for Iraqi affairs by President Trump expresses a clear desire to address the outstanding issues in Iraq directly.

The goal is to rebuild the relationship on realistic foundations, starting with disarming the undisciplined factions within the Popular Mobilization Forces, because these groups constitute the arm of Iranian influence inside Iraq, and they are the biggest obstacle to political and economic stability. The Republican administration believes that curbing this influence will lead to a stronger and more sovereign Iraq, and gives Washington an opportunity to support a national government that works for the benefit of Iraqis, not for the benefit of foreign powers.”

I want to remind everyone to key on the word “stability” when they use this word. The do not use it lightly, especially when they are talking about Iran. If you want much more information on the U.S. new foreign policy towards Iraq please go to my October 28^th Newsletter Article Section. There are many articles on this subject matter and they do a good job in our understanding on the new policy of the Trump administration. We all waited for almost six months to get a clearer understand of the Trump vision for Iraq. Now we have it. Iraq is no longer going to be allowed just to flounder around. There are very specific issues (the five) that the U.S. is demanding as a start. President Trump has said we did not lose lives in Iraq just to later turn it over to Iran.

By the way incase you are wondering, this new vision, not the stale Obama vision, is going to get us through this reinstatement. When Trump says its ready, it will go. This is why I am keeping in touch with this matter of these five (5) mandates so closely. Get it?   

Q & A

Question from quadrant318232b96ca (Xratracer):  

MG, Have never been able to comment. If this gets through thanks for all your hard  work over the years. We support you each month. Question: Will the Chinese rate be available? Have not seen any traffic on this subject in a long time. Regards, Xratracer 

Answer from Mnt Goat:

Nice to finally hear from you Xratracer. Guten Tag to you! I am always available to answer questions as long as it is a question not already covered in my material. There is always a section of the blog for comments. Just click on it and add your comment or questions. I am a very busy person but still try hard to clarify all the bullshit out there.

Now, to your question. Yes, there is still a $28.50 rate per dinar available. This is what you get on exchange but ONLY if you ask for it. The banks will not voluntarily offer it. I am told there is still plenty of money in this bucket, however the friends of Obama got very close at one time to nearly exhausting the available money. In early 2013 they had to cut off this funding for these exchanges to leave money for us, who it was really intended for in the first place when the Chinese signed the contract. The result was plenty of money is still available. How much I do  not know but I am told PLENTY.

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So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?

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

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“YOUR ENEMIES ARE PLANNING FOR A DARK WINTER”

You can start watching the video at the 17:34 mark.  Third one from Oct 18^th.

“MAJOR CITIES ARE TARGETS FOR UPRISINGS AND TERRORIST ATTACKS”

You can start watching the video at the 10:38 mark. Third one from Oct 19^th.

This is the world of the Biden years and his legacy presidency that brought to the U.S. Welcome to the middle east.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

THE JUSTICE DEPT TO TAKE ACTION AFTER BLISTERING AUTOPEN REPORT

BIDEN CONTROVERSY BREAKS SILENCE ON BOMBSHELL AUTOPEN REPORT

Multiple prophets tell us from God that there was an actor(s) in the presidency instead of the real Joe Biden. Joe as died way before the election occurred. The dems has no other plausible candidate for president and continued down the road with a ‘fake’ Biden. As we watch this autopen scandal unfold, I believe it may be the key to unraveling the entire shenanigans about his presidency and how they fooled the American people.

WHAT CRIME(S) WAS JACK SMITH INVESTIGATING?

FBI OPERATION ‘ARCTIC FROSTBITE’

What charges were there to justify such actions by Jack Smith. Spying on senators and congressmen at least 430 that we know now and all republicans? Also the way he went after Donald Trump and many of his associates. There needs to be accountability and justice over this abuse of power. Are the republicans strong enough in will to follow through and demand justice? Or are we just going to spend millions again of tax payer money in another investigation and no one is accountable?

DEMS ENRAGED OVER WHITE HOUSE DEMOLITION

Who is the real ‘WRECKING BALL’ of our nation?

IS THIS A FULL-SCALE INSURRECTION – DEMOCRATS PANIC AS JUSTICE CLOSES IN

It is very likely that president Trump will invoke the full-scale Insurrection Act in the very near future. He has been holding off on doing this, since there are other complications associated with it.

The Insurrection Act is a federal law enacted in 1807 that allows the U.S. president to deploy military forces within the United States to suppress rebellion, enforce the law, or quell domestic uprisings. It grants the president the authority to use military or National Guard troops when it becomes impracticable to enforce the law through regular means.

IS OUR PRESIDENT TRUMP GOING TO ENACT THE INSURRECTION ACT?

What did prophet Barry Wunsch just tell us about this subject matter? So, yes it may very well happen. There are sleeper cells within all our major cities waiting to strike. They believe these strikes will occur if they don’t get what they want in the mid-terms. This is thanks to the Biden administration open boarder policies.

NOT SO FAST MR. “SHIFTY”- SHIT-HEAD SCHIFF , THOUGHT HE WAS ‘OFF THE HOOK’? JUSTICE WILL PREVAIL!

WHO REALLY IS THE FORMER, NOW INDICTED ON TWO FELONY COUNTS, NY AG LETITIA JAMES?

A picture can speak a thousand words… I will leave it at that.

IS IT TIME FOR JUSTICE FOR JACK SMITH

“No one is above the law” and this applies to you too Jack. Did he have legal justification to spy on nearly a dozen republican senators and tap their phone lines? What about what he did to Trump?

A MYSTERIOUS VISIT AND CLOSED-DOOR MEETINGS: TRUMP’S ENVOY ARRIVES IN BAGHDAD “SECRETLY” AND MEETS WITH PROMINENT POLITICAL LEADERS.

On Wednesday (October 29, 2025), journalist Hossam Al-Hajj, known for his close ties to political parties, leaked that Mark Savaya, the special envoy of US President Donald Trump, arrived in Baghdad two days prior and held a series of secret meetings with several heads of political blocs.

According to information relayed by Al-Hajj, the meetings took place away from the spotlight and had a sensitive political character, addressing the upcoming American strategy in Iraq, issues related to the American presence, elections, and regional alliances.

There has been no official confirmation yet from the US Embassy or the Iraqi government regarding the visit or details of the meetings held by the US envoy.

(Gee-Whiz what do you think he is talking about? Could it be the rigged elections or the Iranian militias inside Iraq?)

EXCELERATE ENERGY CEO: OUR AGREEMENT PUTS IRAQ ON THE GLOBAL GAS MARKET MAP FOR THE FIRST TIME

US company Excelerate Energy announced on Tuesday details of its agreement with the Iraqi government to develop the country’s first floating terminal for importing liquefied natural gas (LNG) at Khor al-Zubair Port in Basra Governorate, with an investment estimated at approximately $450 million.

The company said in a statement received by Shafaq News Agency that the agreement was signed in the office of Prime Minister Mohammed Shia al-Sudani in the presence of its CEO, Stephen Cobus, US Deputy Secretary of Energy James Danley, US Chargé d’Affaires in Baghdad Joshua Harris, Minister of Electricity Ziyad Ali Fadhil, and Acting Minister of Oil Ali Maaraj.

“The agreement represents a long-term commitment to supporting Iraq’s energy future and enhancing its regional stability,” Kobus added, noting that the project combines the development of the plant, gas supply, and operational management under a single contract, placing Iraq on the global gas market map for the first time.

The project includes a five-year gas supply and regasification contract with a guaranteed capacity of 250 million standard cubic feet per day, with the potential to expand to 500 million cubic feet per day. The company will use its newest floating storage and regasification vessel, Hull 3407, currently under construction in South Korea and one of the largest floating storage and regasification units in the world, with a capacity of up to 1 billion cubic feet per day.

The plant is scheduled to begin commercial operations in 2026, following the completion of construction and technical permits. This move is seen by Baghdad and Washington as “pivotal” to enhancing energy security and reducing reliance on pipeline gas imports.

The company explained that the project was implemented “in close cooperation with the Iraqi government,” noting that it aims to diversify fuel sources and meet the country’s growing demand for electricity, as part of a strategic partnership between Iraq and the United States to support energy infrastructure projects.

The Iraqi government announced earlier today the signing of the contract “as part of Baghdad’s efforts to attract more American investments to its energy sector.”

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INTERNATIONAL SMART CARD (QICARD) SHOWCASES IRAQ’S FINTECH LEADERSHIP AT MONEY 20/20 USA “FROM IRAQ TO THE WORLD”

DUBAI, United Arab Emirates–(BUSINESS WIRE)–International Smart Card (QiCard), Iraq’s leading provider electronic payment solutions, set to represent Iraq’s rapidly advancing fintech sector at Money 20/20 USA 2025, the world’s most influential event for payments, banking financial innovation, taking place October 26–29, 2025 in Las Vegas.

Official sponsor, International Smart Card (QiCard) marks a defining moment for Iraq’s digital economy demonstrating how a nation once limited by cash is now exporting innovation, financial inclusion, trusted technology globally.

“QiCard was born from a belief that Iraq can be a source of innovation, not just a beneficiary of it,” said Ali Moneim, CEO of International Smart Card (QiCard). “Our participation at Money 20/20 isn’t simply about presence; it’s about proudly sharing an Iraqi success story that has transformed millions of lives through secure and accessible financial technology.”

At the event, QiCard will showcase its biometric smart card systems, secure e-payment infrastructure, and pioneering financial inclusion initiatives that have empowered over 19 million citizens and 50,000 merchants across Iraq.

The company’s mission extends beyond technology — it seeks to build a connected Iraq where digital trust and economic participation are within everyone’s reach.

“Our growth has always been driven by empathy and accessibility,” said Ahmed Kadhim, CIO at International Smart Card (QiCard). “Every innovation begins with the needs of our people — from retirees to students and that human-first approach is what we’re proud to present to the global fintech community.”

Money 20/20 USA brings together more than 10,000 industry leaders from financial institutions, regulators, and investors to shape the future of finance. QiCard’s participation underscores Iraq’s emergence as a new fintech hub in the Middle East — proving that local expertise and global standards can coexist to drive sustainable innovation.

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US POLITICIAN: WASHINGTON IS RESTRUCTURING ITS POLICY TOWARDS BAGHDAD AND WILL NOT INTERFERE IN IRAQI ELECTIONS

US Republican Party member Tom Harb asserted that US President Donald Trump’s appointment of businessman Mark Savaya as his special envoy to Iraq reflects Washington’s desire to reformulate its policy towards Baghdad, thereby limiting Iran’s growing influence and restoring balance in the region . 

He stressed that the US administration views Iraq as a “testing ground” between two opposing projects, one seeking freedom and prosperity and the other orbiting Tehran .

He added, “The appointment of a special envoy for Iraqi affairs by President Trump expresses a clear desire to address the outstanding issues in Iraq directly. The goal is to rebuild the relationship on realistic foundations, starting with disarming the undisciplined factions within the Popular Mobilization Forces, because these groups constitute the arm of Iranian influence inside Iraq, and they are the biggest obstacle to political and economic stability. The Republican administration believes that curbing this influence will lead to a stronger and more sovereign Iraq, and gives Washington an opportunity to support a national government that works for the benefit of Iraqis, not for the benefit of foreign powers.”

He pointed out that “the sanctions are not symbolic as some believe, but are part of a well-thought-out plan to tighten the noose on groups linked to the Iranian Revolutionary Guard, and the next stage will witness a tightening of measures, not only through the Treasury Department, but through economic and security alliances that extend to the entire region,” indicating that “Washington wants to send a message that continuing to violate Iraqi sovereignty, or smuggling currency and weapons, will no longer go unpunished.”

He said: “The Americans today are not seeking a ‘new occupation,’ but rather a partnership based on mutual interests, and it is the Iraqi people who decide. Trump always says: ‘We are here to help, not to dominate. The decision is in your hands.’”

Regarding the Iraqi elections, he explained, “The United States does not interfere in elections, and this is a fixed rule in American policy. President Trump does not impose names or nominate alternatives, but rather leaves the decision to the Iraqi people. If al-Sudani is the choice of the Iraqis, so be it, and if they choose someone else, that is their affair. What Washington wants is a government that deals with the international community transparently and maintains balanced relations with the Gulf states and Western countries. The problem is not with the individuals but with the direction; does Iraq want to be a country open to the world or a hostage to armed groups that represent Iranian agendas? This is what will determine the American position on any future government.”

He pointed out that “Washington does not like to keep its armies abroad, but it realizes that its presence in some countries creates strategic stability. Look at Japan and South Korea, the American presence there was the cornerstone of their economic and industrial renaissance, and Iraq can follow the same path if it wants. The American military base is not an occupation, but rather a guarantee of security and economic stability that attracts investment and prevents chaos.”

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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

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

October 28, 2025 Mnt Goat News Brief

Guten Tag everyone:

A true picture of what is about to happen. Are you ready?

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

____________________________________

Psalm 37:4

“Delight yourself in the Lord; And He will give you the desires of your heart.”

More news….

THE OIL AND GAS LAW RETURNS TO THE FOREFRONT, AND PARLIAMENT FACES A TEST OF POLITICAL WILL.

As the fifth legislative session draws to a close and the country enters the electoral phase, the federal oil and gas law returns to the forefront of the political scene in Iraq as one of the most sensitive pieces of legislation postponed since 2007, amid warnings that its continued obstruction will deepen the economic crisis and keep the country hostage to political disputes. The oil and gas law is one of the most contentious issues between the federal government, the Kurdistan Regional Government, and the oil-producing provinces, as it stands at a crucial crossroads that determines the future of oil wealth management, which constitutes more than 90 percent of state revenues.

(We can see the effort to get this new law passed in parliament done by December. They know the Trump mandate and this is on the list of the five (5) major issues facing Iraq that the US needs done to reinstate the dinar. This is much needed for stability as investors are not going to want to see the rivalry of Baghdad vs Kurdistan and the crippling of the economy it can bring in sutting off oil, postponing salaries, etc.. Instead they will want consistency and growth.)

More news….

IRAQ TO MANUFACTURE ELECTRIC, GASOLINE, AND DIESEL CARS

(All I can say is WOW! )

Kirkuk Governorate laid the foundation stone on Monday for the Uruk factory project to manufacture electric, gasoline, and diesel cars.

 
Kirkuk Governor Rebwar Taha said in a press statement followed by (Video News Agency) that Kirkuk and Iraq witnessed today a qualitative launch in the field of national industry with the laying of the foundation stone for the largest factory for manufacturing electric cars, which is the first of its kind in Iraq and the Middle East.

He added that the factory management has concluded preliminary understandings with a number of major American, German and Turkish automakers, with the aim of transferring modern technology to Iraq and enhancing its industrial capabilities in this promising field.

He pointed out that the project will contribute to providing thousands of job opportunities for young people in Kirkuk Governorate, and will support the national economy by reducing dependence on imports and encouraging local industry in the vehicle sector.

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STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

Today’s Newsletter’s ‘Status of the RV’ commentary is a bit longer than usual so please find a comfortable chair, get a nice cup of tea or coffee and relax. Read this today slowly and understand it fully. It will help you see what is happening with the RV and how it is going to happen.

To start, I first need to reiterate that last week the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency.  If you recall two weeks ago, we also had articles on this subject matter, then also videos of the results of surveys given to the citizens on the subject matter by the CBI. So, last week again the CBI confirmed to the citizens the project is underway and we will see more information about it soon.

These types of recent articles are no longer just updates on the project to remove the zeros but informational and educational for the start of the process, at least that is what my CBI told me on my call to Iraq last Wednesday. Is she lying to me? So, we can expect more of these articles ongoing from now on educating us on this process that is underway…finally…. 😊

I encourage everyone to go read my section on the Project to Delete the Zeros in my blog even if you had not done so already. There is ongoing information and it is chockfull of goodies for us investors in the dinar. Especially at a time like this when we are so close, you don’t want to be left behind. This information will help you through the anxiety of seeing the process in motion and help with realistic expectations of what comes next in the process.

So, first I want to state today that everything I am about to tell you next is FACTUAL and has been confirmed by my CBI contact last Saturday on a call to Iraq. So, there is no Rumors , Opinions, monkey business or intel guru bullshit talk going on here.

In the country of Iraq, the television news channel 8 has released an educational presentation that was played in Iraq on October 26^th and keeps playing. See the below link and you can read it for yourself. This newest news shows the older historical dinar notes and coins as they too were lower denominations. But the key for us investors is why are they showing this and what’s it all about?  

What I am told this latest video is doing is making a case that the CBI is bringing back these lower denominations and that we may also very well see many of these features of the notes from the past 1930’s – 1940’s on the newer lower denomination. Why these images? This was the ‘golden age’ for Iraq, get it now? That’s the point of this recent news. There is an historical presentation full of Iraq pride in their prior currency. But what was the rate back in the 1930’s and 1940’s? Let’s take a closer look at this period.

PAY ATTENTION to the little things Iraq does:

First, throughout the 1930’s & 1940’s the dinar was $4.86. WOW! The CBI used this chart (see above) years ago under Ali Al-Alaq to present the past of the Iraqi dinar to foreign investors in his seminars. Now they are showing the currency notes from that same era again, this time on national TV in commercials in Iraq.

Next, they just told us in a two-week campaign, that the project to remove the zeros is here and we would hear more about it in the coming period.

Next, if they are targeting early 2026 for a reinstatement of the Dinar we better see the removal of the zeros in the next couple Months.

Next, we know from past articles taken from information in Al-Alaq’s investment seminars, going back years ago, that he constantly boast about this same era as the ‘golden age’ for Iraq.

Next, is Al-Alaqis now in partners with Al-Sudani bringing back this same era of greatness to Iraq. Both have talked openly about the dinar being greater than the dollar soon.

Next, could this be about the rate they are striving for $4.86? But they will need to makes changes to Iraq so the rate can be supported and not only supported when it comes out, but sustained in the long term.

Next, so for the past three (3) years have we not witnessed all these changes? Is this why we have been waiting so long for the RV?     

My take on these observations is this:

Why won’t they believe it?

This is mainly because these intel gurus don’t pay attention to minor details or if they get the details they soon forget to be able to connect the pieces when later information comes out. These same intel guru idiots are too concerned about telling their RV stories and rumors than FACTUAL information. They audiences tend to be dumbed down and are almost as stupid as they are. While on their conference calls they give bogus information about bank screens, memos, rates or three letter agency gossip and rumors. They use it to pump their everyday / any day RV scenarios. They have done this over the last two decades.

But as usual, again we get the knee jerk reactions by these stupid intel gurus with their stupid rumors and opinions about these recent articles on removing the zeros. On one call, I remember, TNT Tony told his audience that the three letter agency told him that removing the zeros didn’t matter. Really? So without questioning it, Tomy just repeated the nonsense. His is as stupid as the rest. Then some just repeat other rumors and do absolutely now research. They have been so lazy in the past that they have no past information in their minds or records to connect the current news to. They simply make up stories. Some intel gurus say the 50 dinar note is back but I assure you it is not yet back in circulation. There is also no pictures published as of yet of ANY of the newer lower denominations. Any pictures you see are from the ‘golden era’ of Iraq from the 1930’s and 1940’s and the CBI is attempting to impress upon the citizens what the newer notes might look like from these images. That is all it is.

Remember that in 2016 the CBI specifically told the citizens that when they begin the Project to Delete the Zeros, they would begin with the new 100 dinar note and coin. Has this changed? Again, why would they start with the 100 dinar note and not the low lowest notes. I will leave this question for you to ponder over. Soon you will see the answer but it will come from the CBI not me.

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Article from Iraq Channel 8 News follows:

A HISTORICAL LOOK AT IRAQ’S COINS AND BANKNOTES

By Mohammed Jangadost 26/10/2025

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Newer “lower of the lower” denomination notes will be as follows:

Bills: 1 dinar, 5 dinar, 10 dinar, 25 dinar, 50 dinar, 100 dinar
Coins: 10 fils, 25 fils, 50 fils and a 1 dinar.

Note: there may also be a 20 dinar added.

What will happen to the three zero notes?

To coincide with the newer lower denomination notes, the following three zero notes will still exist but taken out of everyday circulation. They will be used only in the background for financial institutions for larger cash transactions for international transactions, such as trade deals. Note the 20,000 note has been added since this note does not yet exist in circulation in Iraq.

250, 500, 1000, 5,000, 10,000, 20,000, 25,000, 50,000

Earlier it was announced the CBI will also be adding the following new coins but this could change, probably not:

.05 fil

.10 fil

1 dinar fil

5 dinar fil

10 dinar fil

50 dinar fil

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The 20,000 IQD Note Saga:

Next, let’s review this 20,000 dinar note legacy since the CBI just told us that they are going to issue it, as part of removing the zeros. Does this sound weird to you or what at this point in time? But let me explain and so you will understand what they are doing.

What did we recently just read in a CBI article from 10/22? I quote from it below:

“He (meaning Ali Al-Alaq) pointed out that, “With the renewed proposal for the zero-removal project, which is currently being prepared, the currency denominations will be restructured in general, including the 20,000 denomination.”

What is really going on with this 20,000 note and why the recent article mentioned it from the CBI. Do you remember this article below from the past? In was one of many from late 2022. Let’s tie in this recent news to the news of 2022. Older article follows:

So, we do also know that in2022 they cancelled the notion of the 20,000 note once Ali Al-Alaq came back as the governor of the CBI in early 2023. At that time, he told us this note was still  “under review”. In other words, the CBI changed it’s mind on this note and so now it has decided it is time to issue it, but only to the banks not the everyday citizen. Get it?

They now plan to launch that 20,000 note in 2025-2026 at the same time as they conduct the removing the zeros and launching the lower categories.  So, this is all we now know about this note. Don’t be scared about it. It is not going to affect the removing of the zeros except that a newer 20 dinar note may arise to coincide with it. I said may arise. The CBI has not yet told us.  

What? The ‘Purchasing Power’ will not change?

In some of these past and recent articles about the Project to Delete the Zeros, they state the “purchasing power” will not be change when they do it. Note they DID NOT say the rate would not change. This is tricky and so pay attention to what I am about to say next if you truly want to understand what they told us.   

I quote from one of the October 16th recent articles:

“Comparative studies indicate that deleting zeros is a technical accounting step that does not change purchasing power, but rather simplifies calculations and reduces errors in financial systems”

NOTE: Very Important- the CBI did not say the rate wouldn’t change but did say the “purchasing power” would not change. Very tricky! Of course, we all can assume that the purchasing power is connected to the rate, as when the dinar has a higher rate one can use it to purchase more. Right? Again this is tricky and so stay with me…. 😊

However, as long-term investors in the dinar we all should know better, don’t we think  there must be some kind of rate change in-country? How can we have these lower denominations without a rate change, as they would be almost worthless. Ah…but this is the what we are about to explore.

First why would they need a rate change?

• To incentive the citizens to turn in stashed of currency to the banks
• Al Sudani told us the dinar would be worth more than the dollar (but this may not come until the reinstatement phase of the project.

Here is yet more proof that the rate of the dinar must change when they Delete the Zeros. But is the CBI going to “intentionally” change it, or will this just occur as a matter of removing the zeros. This is the key to unlocking the mystery of this latest statement of ‘that deleting zeros is a technical accounting step that does not change purchasing power” Let me explain.

I need everyone to put on their thinking caps. Ready…okay Think about it, yes THINK, THINK, THINK!

So, let’s role play and figure this out together, okay? Here is an example using what they just told us in recent articles Then we can determine if the rate does change, but changes as a matter of course, not an “official” CBI rate change. The CBI even used the term that deleting zeros is a technical accounting step that does not change purchasing power. Can you see it now?

Example: Today is October 28, 2025 and the “official” CBI rate is 1320 IQD per 1 USD, right? We know this and they told us this is not changing “in order to remove the zeros”. Okay so now we are beginning to see the light and what will happen. You see the CBI does not have to change the “official” rate as  it will change itself. Again lets go to an example and we will understand.

So, today the “official” CBI rate is 1320 IQD per 1 USD. This equates to about $18.94 for the value of a 25,000 dinar bill today. Here is how I calculated this: 1.00 /1320 = .00007575 per dinar. Yes, that is not even a penny a dinar. Then multiply .00007575 x 25,000 = $18.94 USD. Everyone still following me? Let’s go further and here is where the rate does change.

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So, if the 25 dinar note is to replace the 25,000 note and the “purchasing power” is said not to change, it would have to have a value of $18.94 too according to the recent set of articles just published by the CBI, right? The same as the 25,000 note it is replacing, right?

So, let’s look at what happens when they removing the zeros…..

Logically if we take 18.94 divided by 25 we get .72 (almost .73 cents) per dinar. WOW! Do you see the rate change now? If you take the 1320 “official” CBI rate the rate per dinar is at  .00007575 per dinar, right?

So, the rate did change! Again, what are we talking about here? What they told us about the “purchasing power” of the dinar not changing is true but they are not telling us the entire truth. It is a play on words. But ‘technically’ they are correct. The CBI even used the term that deleting zeros is a technical accounting step that does not change purchasing power. Can you see it now?

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CAUTION

But be careful that some intel gurus are telling you that removing the zeros means to drop the zeros from the “official” CBI rate. This is entirely FALSE. Just take a look at this video from the CBI itself, It is now playing in Iraq as part of the educational process. Yes, Frank26 I am talking to you. Get your information correct. Tell you listeners the TRUTH!

This simply is just more intel guru idiot talk and that is why I am now telling you to stay away from these idiots. Again, they don’t know what the hell they are talking about. So, let’s do the math and see what happens to the “official” rate per dinar under 1320. The rate is actually  .0007575 per dinar then drop three zeros = .0007575 leaving .75 or 75 or 76 cents rounded. So, if what the gurus say is true the “purchasing” power would be drastically changed to 75 cents by a “rate change” and this is not what the CBI just told us. Get it?

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I know, I know, it is confusing and so just relax, listen to me and don’t over think it.  

So, now let me answer some common questions that may arise: Always feel free to ask your question(s). I will do my best to answer them. But before you do make sure I didn’t already talk about your topic.

Question: When does our real RV nominal rate come out, the big rate we all want such as $3.81 or $4.00 as we are told might be the rate?

Answer: Again I will emphasize that the Project to Delete the Zeros is ONLY the first step of the process to get to FOREX and the dinar is still solely pegged to the dollar. It is to collect all the larger notes and issue the lower denominations. This is the purpose of this step. The CBI will be VERY concerned about inflation afterwards and so they told us there will be a period of time before they move to the next step.

The next step is the REINSTATEMENT on to FOREX. The peg will change and the IQD will be repegged to a “basket” of currencies that will allow it to change drastically higher. Get it? This is how we get the rate we want. This is when we go exchange.

Here is the article from 2019 from the CBI as proof that there must be value and usefulness in the dinar for the citizens to use it or the launching of the newer notes will not work. The project will be a flop.

Folks, I try to save everything so I can go back to it. See article below:

Question: Is Iraq really now distributing the newer lower denominations?

Answer: Absolutely NOT! Stop listening to these idiot intel gurus. My CBI contact told me she will let us know when this happens. The CBI will first publish the newer notes on their website and with pictures once they start rolling them out.

Question: Did the CBI recently publish the pictures of the newer lower category notes 1,5, 10 and 50? Stop listening to these idiot intel gurus.

Answer: Absolutely NOT! As I emphasized years ago they will use the vehicle of the CBI site to show all the newer notes just as they with the three zero notes. They don’t want to give the counterfeiters time to design and print these newer categories prior to launching the notes in Project to Delete the Zeros. They are keeping very tight security on these newer notes.

Question: Is this lop? Will our dinar be worthless? Yes, I want to shoot the next person who asks me this….lol… lol.. lol..

Answer: Folks your dinars now are almost worthless. Get it..lol..lol..lol.. 😊? A “lop” is a very specific tool used by the IMF. It has a specific meaning to “restart” a currency. In other words, the central bank takes in the hyper-inflated currency due to “hyper-inflation” and restarts the denomination process all over again by issuing lower denominations. In other words, unless they do something about the very high inflation in years ahead, they will be lopping again and again. So, what did the CBI and the Finance Committee tell us about Iraq’s inflation rate? I will leave it at that…. Please no more questions about a lop!!!! ☹ PS- I also read the 2011 CBI / IMF plan to get to the reinstatement and it does not at all talk about a lop. We also know these 3 zero notes are going to “coincide” with the newer lower denominations. So how can this possibly be a “lop”. Please do your research.

Please feel free to ask a question on this subject matter. Now is the time.

What else is in the news?

OIL, INVESTMENT & RECOVERY: IRAQ’S PM TALKS FUTURE WITH CNBC

THE IRAQI NOVEMBER ELECTIONS

😊 In the article titled “RAISE YOUR HANDS IN PRAYER FOR AL-SUDANI’S SECOND TERM” we see the criticality of Al-Sudani getting a second term. All we really have to do is look at all his hard work and success and how far Iraq has gone these last years of his prime ministership.

Like in the 2024 elections for the U.S. , the Iraqi elections too are the most important elections in post Saddam Hussein era. We better all pray that Al-Sudani gets a second term and not some Iranian backed nut case. But I don’t believe this will happen as the U.S. is watching this election very closely.

Only fourteen days separate us from the date of the most important legislative elections in the post-dictatorship era. Fourteen days, Iraqis will head to the ballot boxes to make the most important decision in their lives and the future of their children. Fourteen days, history will record that Iraqis have chosen a bright and better future and tomorrow. Fourteen days, history will record in letters of light that the builder of the new Iraqi renaissance, Mohammed Shia Al-Sudani, will move Iraq forward to a free homeland and a happy people.

The US administration has sent a strong message to some Iraqi leaders, saying that with their consent, the highest positions in the new Iraqi cabinet will be appointed by the people not the heads of the blocks.  The United States has insisted that certain positions will be decided by the people alone in the majority voting process in November such as the posts of president, prime minister, parliament speaker, finance, oil, interior, defense and central bank governors in the next Iraqi government and will not allow other countries to interfere in the issue, a source said. The US special envoy to Iraq has been appointed in part, to ensure this occurs.

(This will be interesting to watch. There will be conflict with this idea. We may see articles with Iranian influence trying to convince the citizens that the US is going to make the decision, when all the US wants is for the people to decide these critical positions and not some Iranian backed heads of block. Think about it, this will also quicken the election process and get the government moving into the next term.)

There are many articles in the Articles Section about this topic. This is a very hot topic in Iraq right now. This is a pivotal election for Iraq like the 2024 election was for the U.S. It will either make or break Iraq as the U.S. will not want to deal with a puppet state of Iran, if this turns out to be the case. I will also say that all hell is going to break out if a pro-Iranian puppet prime minister is put in place.

😊You might also want to take peak at the article titled “THE “LARGEST BLOC” NO LONGER MATTERS: THE TRUMP ADMINISTRATION SETS POST-ELECTION RULES”

So, for the first time, the US begins to separate Iraq from the Iranian issue. In the final days leading up to the Iraqi elections, scheduled to take place in 15 days, Tehran is attempting to retest the loyalty of its allies within the country, amid indications that the upcoming elections may produce a different political equation, one that favors a shift away from Iranian influence.

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So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?

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

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“YOUR ENEMIES ARE PLANNING FOR A DARK WINTER”

You can start watching the video at the 17:34 mark.  Third one from Oct 18^th.

“MAJOR CITIES ARE TARGETS FOR UPRISINGS AND TERRORIST ATTACKS”

You can start watching the video at the 10:38 mark. Third one from Oct 19^th.

This is the world of the Biden years and his legacy presidency that brought to the U.S. Welcome to the middle east.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

DEMS ENRAGED OVER WHITE HOUSE DEMOLITION

Who is the real ‘WRECKING BALL’ of our nation?

IS THIS A FULL-SCALE INSURRECTION – DEMOCRATS PANIC AS JUSTICE CLOSES IN

It is very likely that president Trump will invoke the full-scale Insurrection Act in the very near future. He has been holding off on doing this, since there are other complications associated with it.

The Insurrection Act is a federal law enacted in 1807 that allows the U.S. president to deploy military forces within the United States to suppress rebellion, enforce the law, or quell domestic uprisings. It grants the president the authority to use military or National Guard troops when it becomes impracticable to enforce the law through regular means.

IS OUR PRESIDENT TRUMP GOING TO ENACT THE INSURRECTION ACT?

What did prophet Barry Wunsch just tell us about this subject matter? So, yes it may very well happen. There are sleeper cells within all our major cities waiting to strike. They believe these strikes will occur if they don’t get what they want in the mid-terms. This is thanks to the Biden administration open boarder policies.

NOT SO FAST MR. “SHIFTY”- SHIT HEAD SCHIFF , THOUGHT YOU WERE ‘OFF THE HOOK’? JUSTICE WILL PREVAIL!

WHO REALLY IS THE FORMER, NOW INDICTED ON TWO FELONY COUNTS, NY AG LETITIA JAMES?

A picture can speak a thousand words… I will leave it at that.

JUST THE FACTS OF THE SCHUMER SHUTDOWN

No, it is not going to be democrat business as usual! A shift in how the government is going to be run in the future, and the future is now.

IS IT TIME FOR JUSTICE FOR JACK SMITH

“No one is above the law” and this applies to you too Jack. Did he have legal justification to spy on nearly a dozen republican senators and tap their phone lines? What about what he did to Trump?

THE “SHIT” IS ABOUT TO HIT THE FAN FOR SHIFTY SHIT-HEAD SCHIFF.

Will he be next on the list of people indicted? It’s coming….trust me on this one.

THE OIL AND GAS LAW RETURNS TO THE FOREFRONT, AND PARLIAMENT FACES A TEST OF POLITICAL WILL.

As the fifth legislative session draws to a close and the country enters the electoral phase, the federal oil and gas law returns to the forefront of the political scene in Iraq as one of the most sensitive pieces of legislation postponed since 2007, amid warnings that its continued obstruction will deepen the economic crisis and keep the country hostage to political disputes. The oil and gas law is one of the most contentious issues between the federal government, the Kurdistan Regional Government, and the oil-producing provinces, as it stands at a crucial crossroads that determines the future of oil wealth management, which constitutes more than 90 percent of state revenues.

Amid repeated calls from the presidency and parliament to pass it before the end of the current session, fears are growing that its continued obstruction will disrupt the investment environment and weaken the unity of oil decision-making.
Energy expert Mohammed Hawrami believes that the continued absence of the law represents an economic and legislative failure that has had direct repercussions on oil wealth management and the general budget, as well as declining attractiveness for foreign investment in the energy sector.

Hawrami explained that postponing the approval of the law during this session means postponing the decision to a new session, along with the accompanying new tensions over powers and revenue sharing, making any further disruption costly to the national economy. He
added that the absence of a legal framework has created a state of administrative and financial chaos between the central government, the region, and the producing provinces, and has deprived Iraq of the ability to formulate a unified production and investment policy. This has negatively impacted the confidence of foreign companies awaiting stable legislation that guarantees the sustainability of their operations.
He pointed out that Iraq needs annual investments exceeding $15 billion to develop the oil and energy sector and improve refining and export capacities.

However, the absence of legal regulation of contracts and financial distribution makes the investment environment risky and limits the entry of major companies into the market. Hawrami emphasized that the current parliament’s window of opportunity is almost running out, requiring urgent action to adopt the law before the end of the session, as continued disruption means postponing any real economic transformation towards diversification and sustainable development.

For his part, Bassem Nughmish, a member of the Parliamentary Oil and Gas Committee, emphasized that the continued suspension of the law keeps the Iraqi economy mired in a cycle of rents and limits its ability to achieve balanced development.
Naghamish explained that the absence of the law means the absence of a regulatory framework for managing national wealth, which confuses financial planning, leads to disparities in the distribution of revenues between the center and producing provinces, and limits the state’s ability to implement a stable fiscal policy.

He pointed out that political disputes over powers and revenue-sharing mechanisms hinder the implementation of vital projects in the oil and energy sector and create an unstable environment for foreign investors seeking clear and stable legislation.
Naghamish added that delaying the enactment of the law deprives Iraq of billions of dollars in investment opportunities annually and weakens the state’s ability to transfer oil revenues into productive and development projects in the provinces. He stressed the need for the law to include clear mechanisms for financial governance, management of joint fields, and the establishment of a national fund for the

development of producing provinces.
Naghamish concluded by saying that the next phase requires a comprehensive political and economic settlement that removes the oil issue from tensions and ensures a unified law that balances the powers of the central government and the rights of the regions, transforming oil wealth from a source of contention into a lever for development and stability

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EXPERT: IRAQI BANKS NEED COMPREHENSIVE REFORM TO FREE THEMSELVES FROM THE RESTRICTIONS OF DOLLAR TRANSACTIONS.

Financial and banking expert Mustafa Hantoush confirmed on Monday that the banking sector in Iraq stands today on the threshold of a new phase, as it approaches liberation from restrictions on dealing in the dollar.

However, at the same time, it needs radical reforms to modernize its operational structure and enhance its efficiency. Hantoush said in a statement to Al-Maalouma Agency, that “about 90% of the Iraqi banking system is still subject to the influence of dollar restrictions due to suspicions and problems it has experienced over the past years,” noting that “it is expected that within less than three months, some banks will begin to gradually free themselves from these restrictions.”

(Mnt Goat: Oh…But I thought all UN imposed sanctions are over? So why still the restrictions on the dollar? More than that the use of the dollar to pay for imports and the sole peg to the dollar for currency peg.)

He added that “the banking process in Iraq is still limited in activity, as it requires the introduction of an integrated system that includes deposits, loan financing, and expanding investment areas, in addition to updating the standards in force in cooperation with the Central Bank of Iraq.”

He explained that “achieving full financial inclusion represents a fundamental step in developing the sector, through diversifying banking services and not being limited to current accounts only,” while stressing “the importance of strengthening relations with international banks and opening new correspondence channels that enable Iraqi banks to effectively integrate into the international financial system,” adding that “updating technical systems and simplifying procedures to serve citizens is a crucial stage in the reform process, provided that complications and administrative routine that hinder development and limit the efficiency of banking performance are avoided.”

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IN EXCHANGE FOR A SECOND TERM, A POLITICAL DEAL BETWEEN AL-SUDANI AND THE UNITED STATES AIMS TO RESOLVE THREE CONTENTIOUS ISSUES

(Mnt Goat: This is not about getting the RV but about the US support for Al-Sudani. Get it? There is another list for the Reinstatement but it is nice to see that two of these issues below are of the same. This makes it easy for Iraq to meet them.)

 

An official source in Anbar province revealed on Wednesday a political deal struck between Prime Minister Mohammed Shia al-Sudani and American officials during his participation in the Sharm el-Sheikh summit. The deal stipulates the resolution of a number of sensitive disputed issues in exchange for American support for a second term.

The source told Al-Maalouma news agency, “Al-Sudani met with senior officials in the US administration on the sides of the summit and expressed his willingness to deal with three thorny issues, including:

1.dissolving the Popular Mobilization Forces, ending the role of resistance factions, and easing relations with Iran,

2.in addition to recognizing and supporting the two-state solution plan that includes recognizing Israel alongside Palestine.”

3.He added that “Al-Sudani made pledges to facilitate the entry of American companies to invest in Iraqi oil and gas fields, and to provide them with full security protection projects during the implementation of across all governorates.” Folks this is all about the Oil and Gas Law (or HCL).

The source indicated that “Al-Sudani expressed his willingness to make extensive concessions on a number of internal and regional issues, as part of his quest to obtain direct American support to renew his government term,” stressing that “this political offer was made in exchange for remaining in power.” 

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IRAQ’S COORDINATION FRAMEWORK HAS LIMITED OPTIONS IN DISARMING FACTIONS 

Tensions between Baghdad and Washington have been growing more strained in recent days, particularly after the telephone talks between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio, who urged Iraq to disarm Iran-backed militias.

US President Donald Trump also sprung a surprise with the appointment of Iraqi-American businessman Mark Savaya as his special envoy to Iraq.

During their telephone call earlier this week, Rubio “highlighted the urgency in disarming Iran-backed militias that undermine Iraq’s sovereignty, threaten the lives and businesses of Americans and Iraqis, and pilfer Iraqi resources for Iran,” said the State Department.

“The Secretary reiterated the US commitment to working closely with Iraqi partners to advance our shared interests: safeguarding Iraqi sovereignty, bolstering regional stability, and strengthening our economic ties,” it added.

The talks have put the ruling Iran-backed Coordination Framework coalition in Iraq in a tight spot. Sources from the coalition said it met on Wednesday night to discuss the latest American position on Iraq. Rubio’s disarmament call sparked outrage in the coalition, which brings together Iraq’s most prominent Iran-backed Shiite political forces.

The meeting tackled the telephone call, as well as the framework agreement on the withdrawal of US troops from Iraq, said an informed source, according to local media. It also discussed security pledges between Baghdad and Washington.

These developments took place as debate is growing in Iraq about the future of relations with US, especially in wake of Savaya’s appointment, which observers interpreted as a shift in Washington’s policy towards Baghdad after years of “inaction”.

The Coordination Framework did not issue a statement after the meeting, but informed sources told Asharq Al-Awsat that its leaders have very limited options at their disposal when it comes to disarming the militias. Calculations related to the November 11 parliamentary elections have also taken precedence over this issue.

Iraq’s highest Shiite authority Ali al-Sistani had in June called for state monopoly over arms, warning that the circumstances that have prevailed in wake of the Iran-Israel war are “very dangerous”.

‘Conspiracies’

Former Prime Minister and head of the State of Law Coalition of the Coordination Framework Nouri al-Maliki, meanwhile, warned of “conspiracies against the political process in Iraq.” Speaking at an electoral gathering in Karbala, he described the upcoming polls as a “national and constitutional duty that must not be obstructed.”

“Parliament is the spirit of the state through which democracy is built and governments are formed,” he added.

He spoke of “threats targeting its national unity and elections,” saying they were part of a “broader plot targeting the Iraqi state and its democratic system.”

Former MP Haider al-Mulla told Asharq Al-Awsat that Hamas’s October 2023 attack against Israel marked a turning point in the region, as well as the “phase of relations between Shiite powers and the US and the beginning of a new phase between Washington and some Sunni forces in the region.” He predicted that “these changes will be capped with changes in Syria and collapse of the Iranian axis,” noting that Trump’s appointment of a new envoy is evidence of the new phase.

Iraq will feel the negative and positive repercussions of the changes in Syria and Iran, he remarked, stressing that the disarmament of militias is now “inevitable after the reasons for carrying weapons no longer exist.”

Media professor Ghaleb al-Daami told Asharq Al-Awsat that the latest American statements have put the Iraqi government “on the spot”, especially since its stances appear to be different than Washington’s. “The problem doesn’t lie with the government itself, but with its ties to the Coordination Framework, whose options are becoming more limited. The US is no longer willing to give it room to maneuver,” he said. Politician Abbas Abboud said relations between Baghdad and Washington are “facing their greatest test since 2003.”

Savaya’s appointment is a sign that the American administration “is no longer on side with the parties that were handling communication” with Iraq, he noted.

The Coordination Framework, for its part, does not have a united stance towards Washington in that it does not want to spark a crisis with it, while at the same time, it cannot abandon its regional commitments.

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THE IRAQI ECONOMY BETWEEN THE CHALLENGES OF RECESSION AND OPPORTUNITIES FOR ECONOMIC REFORM

 
Economist Manar Al-Obaidi confirmed on Thursday that the decline in inflation in Iraq may reflect an economic recession or be the result of economic reforms. 
Al-Obaidi said in a Facebook post followed by (IQ): “The monthly inflation rate in Iraq rises by 0.1%, while the annual inflation rate falls by 0.3%.” 

He added: “The goods that witnessed a decline in monthly and annual inflation rates are: food and beverages, clothing and shoes, home appliances, communications, restaurants and hotels, entertainment and culture”. 

Al-Obaidi pointed out that “the decline in prices is a positive factor for the citizen, but its impact on the economy in general must be taken into account, as the decline in inflation may mean, in one of its reasons, that the supply of goods is greater than demand, which indicates a decline in the market and a decline in the culture of consumption.” 
He continued: “It is necessary to link inflation rates to economic measurement rates, which are GDP growth, the number of new and newly created jobs, the unemployment rate, the number of registered companies, and the number of companies that have ceased operations.” 

He concluded by saying: “Reading this data gives a clearer picture of whether this decline in inflation rates is the result of a recession that the Iraqi economy is suffering from, or whether it is the result of economic reforms”.

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EXCLUSIVE: THE US STATE DEPARTMENT OUTLINES TRUMP’S STRATEGY TOWARD IRAQ.

The US State Department outlined the Trump administration’s strategy toward Iraq on Friday, emphasizing that the United States prioritizes “trade over conflict.”

The ministry’s clarification came in an exclusive comment to Shafaq News Agency regarding how the US administration interpreted the letter of thanks recently sent by President Donald Trump to the President of the Kurdistan Region, Nechirvan Barzani, in which he praised his efforts in supporting “peacebuilding” and “ending regional conflicts.”

Last Wednesday, US President Donald Trump expressed his thanks and appreciation to Kurdistan Region President Nechirvan Barzani for his efforts to promote peace and peaceful coexistence, and his endeavors to end conflicts in the Middle East.

In this regard, a State Department spokesperson told Shafaq News Agency, “President Trump has prioritized trade over conflict,” noting that Washington “actively supports the growing interest of American companies in the Iraqi market.”

According to the spokesperson, these companies “will bring advanced technology, increased revenue, and improved customer service to Iraq,” as Iraq focuses on improving internal security and transparency. He reiterated the United States’ commitment to “partners across Iraq working to build a truly sovereign, stable, and prosperous state.”

He emphasized that the bilateral partnership aims to “protect Iraq’s sovereignty, enhance regional stability, and strengthen economic relations,” adding that this is “in line with the Strategic Framework Agreement between the United States and Iraq.”

The spokesman concluded by saying that this agreement includes cooperation on key issues such as “Iraq’s energy independence from Iran, the commercial investment climate, private sector and banking reforms, in addition to cultural preservation, educational opportunities, security, and defense.”

In his letter to Nechirvan Barzani, President Trump emphasized the importance of “overcoming old rivalries” for “a shared future of peace, success, and progress.”

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DETAILS OF THE LARGEST OIL DEALS IN IRAQ.. BAGHDAD SEEKS TO PRODUCE 8 MILLION BARRELS PER DAY

Iraq’s largest oil deals achieved a qualitative leap during the first nine months of 2025, after signing a series of strategic agreements and deals with major international companies to boost production and develop the oil sector’s infrastructure.

According to a recent economic survey, these moves were directly reflected in Baghdad’s plans to increase its export capacity and achieve an advanced position in global markets.

Iraq has concluded a series of huge contracts with British, American and Chinese companies, including the development of giant fields, investments in petrochemicals, pipeline projects, in addition to artificial intelligence and robotics technologies.

The largest oil deals in Iraq in 9 months indicate that Baghdad sets the goal of reaching production exceeding 8 million barrels per day in the coming years, as part of an integrated strategy aimed at diversifying sources of income and enhancing foreign direct investments.

Through these agreements, Iraq has consolidated its position on the list of the largest oil deals in the region and the world, proving that Baghdad is on a clear path towards regaining its position as a major player in global energy markets.

Developing oil reserves – January 2025

At the forefront of the largest oil deals in Iraq in January 2025 came a deal with the British company BP to develop reserves estimated at more than 9 billion barrels, with the aim of raising Iraq’s production to 8 million barrels per day within 3 years.

Under the agreement, the Iraqi Ministry of Oil is working with BP to redevelop the Kirkuk field and neighboring fields, as part of a preliminary agreement dating back to August 2024, which represents a major step among the largest oil deals in Iraq in the recent period.

The project also aims to refer the rehabilitation and development operations of 4 fields belonging to the North Oil Company to the British company, while adopting the latest technical methods, to reach the best production rates of oil and gas.

Two agreements with two American companies – February 2025

The list of the largest oil deals in Iraq was strengthened by the signing of two agreements with the American company Halliburton in February to develop the Nahr Bin Omar and Sinbad fields in Basra, in a move aimed at increasing production and achieving greater efficiency in investing national resources.

Under the agreements, Halliburton will begin field and evaluation studies of the two fields, while developing production plans that will raise the Nahr Bin Omar field from 45,000 barrels per day to 300,000 barrels per day, consolidating its role among the largest oil deals in Iraq.

The plans also include investing in associated gas and employing the latest technical and economic models to develop production, which enhances oil revenues and supports Iraq’s economic growth, according to what was reviewed by the specialized energy platform.

Artificial Intelligence Support – February 2025

Artificial intelligence was the hero of one of the largest oil deals in Iraq during February 2025, through an agreement to apply it in the East Baghdad field, with the Chinese company SBS, to develop monitoring technologies and improve the efficiency of oil extraction.

The deal aims to use advanced systems to monitor wells and reduce response time to faults, which enhances the operational performance of the field and reflects Iraq’s trend towards innovation, according to what was followed by the specialized energy platform.

The new system allows data to be integrated and analyzed directly via smartphones, making it easier for engineers to make immediate decisions, and making the East Baghdad field a model for modern technologies in the oil sector.

Development of 4 oil fields – March 2025

Baghdad continued to support the largest oil deals in Iraq, through a contract with the British oil company BP, to develop 4 fields in Kirkuk, adding 150,000 barrels per day to the country’s production capacity.

Under the deal, BP will invest about $25 billion in projects including oil, gas and water, making it one of the largest foreign investments, and dedicating this deal among the largest oil deals in Iraq for the year 2025.

This agreement returns the British company to Iraq after an absence since 2019, constituting a pivotal step in developing giant reserves and increasing production in the long term.

Technology for exploiting robots – March 2025

Baghdad witnessed a prominent deal among the largest oil deals in Iraq, which was the introduction of robots to detect oil pipeline malfunctions, in cooperation with the Chinese company “EBS”, which operates the southern eastern Baghdad field.

According to a statement from the Iraqi Ministry of Oil, the new technology allows for the detection and treatment of rust and leaks, which contributes to extending the life of the pipeline and increasing operating efficiency, making this deal a technical example among the largest oil deals in Iraq.

The plan includes the use of high-quality insulating coatings and the development of comprehensive maintenance programs, which will enhance the level of safety in crude oil transportation operations.

A pipeline to transport Iraqi oil – April 2025

An agreement between the Iraqi Ministry of Oil, the Italian Micobre coalition, and the Turkish Esta to build a pipeline with a design capacity of up to 2.4 million barrels per day came at the forefront of the largest oil deals in Iraq.

Under the contract, the pipeline will be built to increase the flexibility of oil export operations through the ports of Basra, Khor Al-Amaya and the floating platform, as the project is a fundamental pillar of Baghdad’s future plans to enhance the stability of its supplies and increase its oil revenues through modern infrastructure.

Iraq-China deal – May 2025

An important agreement with China occupied a prominent position among Iraq’s largest oil deals, which included a comprehensive agreement to develop the Touba field, establish a refinery and petrochemical plant, and thermal and solar power plants.

The deal aims to raise the field’s production to 100,000 barrels per day, in addition to establishing a refinery with a capacity of 200,000 barrels, along with petrochemical and fertilizer projects, to enhance industrial and economic integration, while supporting the country’s electricity sector.

Hamrin Field Development – July 2025

An agreement with the American company HKN to develop the Hamrin field entered the list of the largest oil deals in Iraq during the first 9 months of this year.

The deal, the details of which were reviewed by the specialized energy platform, aimed to increase the production of the Iraqi Hamrin field to 60,000 barrels per day, in addition to investing in associated gas.

Through this deal, Baghdad seeks to enhance its current production, amounting to 20 to 25 thousand barrels per day, so that the Hamrin field becomes an important pillar in the plans for the largest oil deals in Iraq.

The agreement also aims to support the local electricity sector through gas exploitation, enhancing integration between the oil and energy sectors.

Increased production of 7 fields – September 2025

Baghdad concluded the list of the largest oil deals in Iraq during the first 9 months of 2025, with a contract to secure the seawater network to support reservoir pressure and increase the production of 7 giant fields.

Under the deal, which Basra Oil Company signed with China’s CBB, a 950-kilometre network is scheduled to be built, making it one of the largest strategic projects among the largest oil deals in Iraq.

The plan aims to sustain the production of giant fields such as Rumaila, Zubair, West Qurna and Majnoon, in addition to supporting the Maysan and Dhi Qar fields, thus consolidating Iraq’s position in energy markets.

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THE 2026 BUDGET IS ON THE BACK FOOT: CONCERNS ABOUT ITS ENACTMENT AND QUESTIONS ABOUT THE 2025 SCHEDULES.

Despite the government’s failure to submit its 2025 budget schedules to the House of Representatives, resulting in the suspension of funding for a large number of projects and the disruption of employee bonuses and promotions, the government began preparing the 2026 budget at a time that observers described as late and pointless.

The Prime Minister’s financial advisor, Mazhar Mohammed Saleh, confirmed that the Ministry of Finance has begun preparing the 2026 budget, while determining the disbursement mechanism in the event that the budget cannot be approved.

Saleh said, “There are two hypothetical scenarios for the 2026 budget.”

He added, “The first scenario indicates a continuation of the expansionary approach to public spending,” assuming the price of oil remains stable at $70 per barrel, which remains subject to unstable market and international political balances, making this scenario fraught with risks.”

He explained that the second scenario, based on a price of $60 per barrel, represents a more conservative and realistic option, consistent with fiscal consolidation policies and the promotion of sustainability.

Saleh stressed the importance of diversifying revenue sources and activating non-oil sectors as the cornerstone for narrowing the deficit gap and ensuring long-term financial balance, while maintaining the hypothetical deficit ceiling of approximately 64 trillion dinars (about $49 billion) for hedging purposes.

Experts believe that the government’s commencement of preparing the 2026 budget at this time, despite the delay in the 2025 budget schedules, indicates attempts to secure a preliminary draft for the next government, but these efforts are not necessarily linked to actual implementation.

In the dead of time,
parliamentary Finance Committee member Ma’i Al-Kadhimi asserted that “the government’s commencement of preparing the 2026 budget comes at what he described as ‘lost time,’ just 20 days before the election date. The government is expected to become a caretaker government and the current parliament’s term will end, reducing the chances of actually completing the budget project.”

Al-Kadhimi told the Iraq Observer, “Preparing the 2026 budget at this stage does not necessarily mean that the next government will adhere to the submitted draft, as it is likely to make substantial amendments to it after its formation.” He noted that this draft may only constitute a preliminary basis for the new government.

He pointed out that “the 2025 budget, which relied on financial tables to facilitate the issuance of promotions and bonuses to employees, never reached the House of Representatives, causing these entitlements to be delayed despite the Finance Committee’s repeated emphasis on the need not to link them to tables.”

He added, “The Ministry of Finance insisted on not releasing promotions and bonuses until the schedules were completed, which has not happened.”

Al-Kadhimi explained that “the remaining time period does not allow for comprehensive negotiations between the Ministry of Finance and other ministries regarding their needs,” stressing that “time is not sufficient to prepare a comprehensive budget, whether operationally or investment-wise, which makes this project more of a guiding draft for the next government than a budget law ready for implementation.”

The 2025 budget schedules have been delayed, amid warnings from parliamentarians and economic experts that this delay has led to a partial paralysis in the Iraqi market and impacted the flow of financial dues to institutions and the private sector.

This delay comes more than two years after the approval of the three-year budget for the years 2023, 2024, and 2025 on June 12, 2023, which was considered the first of its kind in modern Iraqi history.

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TRUMP’S NEW ENVOY TO IRAQ: A NEW PAGE OF TRUST BETWEEN BAGHDAD AND WASHINGTON

The US Special Envoy to Iraq, Mark Savaya, confirmed today, Friday, that his mission is focused on rebuilding trust and strengthening the strategic partnership between Baghdad and Washington, noting that the relationship between the two countries is going through a delicate stage that requires direct and honest communication that serves the interests of the two peoples.

Savaya is the third US envoy to Iraq since 2003, after Paul Bremer during the period after the fall of the former regime, and Brett McGurk, who took over the mission at the height of the war against ISIS in 2014.

In an interview with Chaldean Press, Savaya said, “The United States does not seek to impose an agenda on Iraq, but rather to support an independent government capable of making its sovereign decisions with complete freedom”.

He added: “My goal is to work with all Iraqi parties –political, religious, and economic– to ensure a stable and prosperous Iraq that can be a true partner of the United States, away from regional conflicts”.

The US envoy pointed out that Iraq possesses enormous human and economic potential, and that investing it properly could make it a regional center for development and stability in the Middle East.

Savaya concluded his speech by saying: “My upcoming visit to Baghdad will be a clear message that Washington is committed to supporting a strong and unified Iraq, and that a new page of cooperation has already begun between the two countries”.

Last Sunday evening, US President Donald Trump announced the appointment of Mark Savaya as special envoy to Iraq, stressing through his Truth Social platform that “Mark’s deep understanding of the relations between Iraq and the United States and his broad connections in the region will contribute to strengthening the interests of the American people”.

Trump noted that Savaya was a prominent figure in his election campaign in Michigan, and contributed to achieving a record number of Muslim Americans voting for him.

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MARK SAVAYA IS COMING TO BAGHDAD WITH A MESSAGE: I WILL MAKE IRAQ GREAT AGAIN.

US Special Envoy to Iraq Mark Savaya affirmed on Friday that his mission focuses on rebuilding trust and strengthening the strategic partnership between Baghdad and Washington, noting that the relationship between the two countries is going through a phase that requires direct and honest communication that serves the interests of both peoples.

Mark Savaya is the third US envoy to Iraq, since Paul Bremer in 2003, and after Brett McGurk during the war against ISIS in 2014.

“The United States does not seek to impose an agenda on Iraq, but rather to support an independent government capable of making its own sovereign decisions,” Savaya said in an interview with Chaldean Press , translated by Shafaq News Agency.

He added, “My goal is to work with all Iraqi parties (political, religious, and economic) to ensure a stable and prosperous Iraq that can be a true partner to the United States, free from regional conflicts.”

According to the US envoy, Iraq possesses enormous human and economic potential, and if properly invested, it will become a regional hub for development and stability in the Middle East.

Savaya concluded his remarks by saying, “My upcoming visit to Baghdad will be a clear message that Washington is committed to supporting a strong and unified Iraq, and that a new page of cooperation has already begun between the two countries.”

Last Sunday evening, US President Donald Trump appointed Mark Savaya as special envoy to Iraq.

Trump wrote on his Truth Social platform, which was followed by Shafaq News Agency, that “Mark’s deep understanding of the relationship between Iraq and the United States, and his extensive connections in the region, will contribute to advancing the interests of the American people.”

He explained that Savaya was a “prominent figure” in Trump’s campaign in Michigan and contributed to a record number of Muslim American voters.

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AL-SUDANI: THE GOVERNMENT HAS ACHIEVED AN ECONOMIC TRANSFORMATION, WITH INTERNATIONAL ACCOLADES, IN LESS THAN THREE YEARS.

Prime Minister Mohammed Shia al-Sudani affirmed on Thursday that the Iraqi government has achieved a real economic transformation in less than three years, as attested by international institutions. He noted that the results of the reforms adopted will become clear in the coming years.

During his reception of sheikhs and dignitaries of the Al-Izirj clan in Baghdad, according to a statement from his media office, Al-Sudani said, “The results of the sixth parliamentary elections will either establish stability that preserves what has been achieved during this period, or lead to regression and squandering of the achievements.” He pointed out that “there are those who practice lying, deception, and distortion in an attempt to influence the achievements made and confuse the scene.”

He continued, “Our government came into office during difficult circumstances, and from the first day of its term, it began addressing citizens’ needs and priorities.” He noted that “the government took an important step in appointing graduates and securing permanent contracts and lecturers.”

He pointed out that “the services file was a priority in our work through service efforts, completing stalled and suspended projects, and launching new projects in Baghdad and the governorates.” He added, “The ballot boxes will determine how the country will be run for the next four years, and voters must carefully choose who will represent them in the House of Representatives.”

He pointed out that “we have preserved Iraq’s security and stability, avoiding any emotional stances, while maintaining our principled position in support of the Palestinian cause.”

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US ENVOY SAVAYA: IRAQ IS IMPROVING DAY BY DAY AND THERE ARE NO LIMITS TO ITS CAPABILITIES

US President Mark Savaya’s envoy sent a message to Iraq.

“I want to make Iraq great again,” Savaya told the Chaldean Press.

He pointed out that he would like to “achieve peace and stability in the country by building strong bridges with the United States”, explaining that “Iraq is improving day by day, without limits to its capabilities”.

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AL-KARAWI: WTO MEMBERSHIP WILL GRANT IRAQ BROAD ECONOMIC AND TRADE PRIVILEGES.

The Director General of the General Company for Grain Trade at the Ministry of Trade, Haider Nouri Al-Karawi, confirmed on Sunday that Iraq has completed the vast majority of its World Trade Organization accession files and is close to completing the remaining files after nearly twenty years of efforts. He pointed out that membership will grant the country extensive economic and trade privileges, contribute to reducing customs duties, and attract international companies to invest in the Iraqi market.

Al-Karawi told Al-Iraqiya News, as reported by the Iraqi News Agency (INA), that “the process of joining the World Trade Organization requires a long period of time, and Iraq began working on this file in 2003 under the direct supervision of the Department of Foreign Economic Relations and the Minister of Trade.”

He added, “Iraq has completed the vast majority of the required files and is currently completing the final stages in preparation for formal membership in the organization,” noting that “some countries have taken more than twenty years to complete this process, so the period of time required by Iraq is no exception.”

Al-Karawi explained that “Iraq’s accession to the organization will grant it significant economic and trade privileges, most notably the protection of the rights of domestic and imported products, and the provision of joint mechanisms to facilitate trade, tax, and customs exchange with member states, which will positively impact the reduction of customs duties and the facilitation of import and export operations.”

He pointed out that “membership will help attract international companies by ensuring the protection of their products from counterfeiting and encouraging them to invest in the Iraqi market. It will also have a positive impact on lowering prices for consumers by strengthening legitimate competition and regulating markets.”

Al-Karawi explained that “Iraq is committed to implementing more than fifteen technical and legislative files as part of the accession requirements, including the file on product protection and global trademarks, which ensures that no party will imitate or market products similar to those of international companies.”

He added, “Completing these commitments gives foreign companies confidence in entering the Iraqi market.”

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RAISE YOUR HANDS IN PRAYER FOR AL-SUDANI’S SECOND TERM

(Mnt Goat: Like the 2024 elections for the U.S. the Iraqi elections too are the most important elections in post Saddam Hussein era. We better all pray that Al-Sudani gets a second term and not some Iranian backed nut case. But I don’t believe this will happen as the U.S. is watching this election very closely.)

Only fourteen days separate us from the date of the most important legislative elections in the post-dictatorship era. Fourteen days, Iraqis will head to the ballot boxes to make the most important decision in their lives and the future of their children. Fourteen days, history will record that Iraqis have chosen a bright and better future and tomorrow. Fourteen days, history will record in letters of light that the builder of the new Iraqi renaissance, Mohammed Shia Al-Sudani, will move Iraq forward to a free homeland and a happy people.

Whoever wants to continue the wheel of construction, development and reconstruction, and to distance Iraq from regional tensions and the specter of war, and to restrict weapons to the state, and to preserve Iraq’s sovereignty, security and stability, let him make the election day a glorious day and a historic day for the coup against corruption, failure and hateful quotas.

Let the slogan of the entire Iraqi people be “Iraq First”, for no interest is higher than the interest of the Iraqi people in a free and dignified life and a happy people, and no construction, development and reconstruction can take place without the builder of the new Iraqi renaissance, Mohammed Shia Al-Sudani. So, raise your hands, O Iraqis, in supplication to God Almighty to grant you victory on November 11th.

A supporter brings you a second term, to put Iraq back on the path of progress and prosperity, all say yes to the builder of the renaissance of the new Iraq, Mohammed Shia al-Sudani, and the faithful guardian of its security and stability and keeping it away from the specter of war. In conclusion, I say (O God, support your faithful servant and the son of your servant, Mohammed Shia al-Sudani, with a divine and supportive victory that puts Iraq and its people on the path of construction, reconstruction, development and security, and brings the second term with an easier and faster effort than the haters and the resentful can imagine.

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AL-SARRAJ: THE COORDINATION FRAMEWORK IS THE ONE THAT DETERMINES THE NEXT PRIME MINISTER.

(Mnt Goat: Really? Hold on to your horses….not so fast…this process may all change in the Nov 2025 election cycle. Read the next article for the reason why. Trump, like Sadar wants the people’s voice to be the deciding factor in the elections. Will he get his wish?)

Political analyst Ibrahim Al-Sarraj said on Monday that the premiership for the next phase will be determined by the parties forming the Coordination Framework, and will not depend on the number of parliamentary seats won by each candidate or leader.

Al-Sarraj told Al-Maalouma, “The Coordination Framework refuses for Al-Sudani to be in power for a second term, even if he wins a majority of parliamentary seats in the next phase.”

He added, “The Coordination Framework has a political tradition that does not depend on the number of parliamentary seats in granting the premiership, but rather on consensus between the political parties, which is something that has been worked on in the past parliamentary sessions.”

He explained that “the premiership for the next phase will be determined exclusively by the parties forming the Coordination Framework, as it does not depend on the number of seats, but rather on the state of acceptance within the framework.” 

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THE “LARGEST BLOC” NO LONGER MATTERS: THE TRUMP ADMINISTRATION SETS POST-ELECTION RULES

For the first time, the US begins to separate Iraq from the Iranian issue.

In the final days leading up to the Iraqi elections, scheduled to take place in 15 days, Tehran is attempting to retest the loyalty of its allies within the country, amid indications that the upcoming elections may produce a different political equation, one that favors a shift away from Iranian influence.

Political analysts indicate that an unprecedented international development is beginning to take shape, represented by the United States’ efforts to separate the Iraqi issue from the Iranian one. This trend is being witnessed for the first time in the past fifteen years, as part of the trajectory of American policy toward both Baghdad and Tehran.
Over the past week, political movements have been recorded in Baghdad on the Iranian and American fronts, reflecting what can be considered a state of “tug of war” between the two parties, as the elections scheduled for November 11th approach.
Who is controlling the factions?

Political circles describe what is currently happening as a “political rush” toward Washington by most parties, including wings within the “Coordination Framework” and even the “factions.”

Independent politician Mithal Al-Alusi says that everyone is “sending messages to America that they are the only ones capable of controlling the situation in the next phase after the elections.” He added to Al-Mada that “the administration of US President Donald Trump differs from previous administrations. It will not accept any group linked to Iran, and will not tolerate evasions.”

(See the next article below for the complete post-election rules from Trump. What do they mean?)

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AL-DULAIMI: TRUMP’S ENVOY DEMANDED CONTROL OF SEVEN SOVEREIGN MINISTRIES IN THE NEXT GOVERNMENT. INCLUDING THE CENTRAL BANK!!!

Abdul Sattar Mohammed al-Dulaimi, a member of the Azm Alliance, confirmed on Monday that US Special Envoy to Trump, Mark Savia, informed senior officials in the political process of the necessity of not interfering in the selection of senior positions and seven sovereign ministries.

Al-Dulaimi said in a statement to Al-Maalouma Agency, “The US envoy stressed that the selection of the presidency, the prime minister, and the speaker of the parliament, in addition to the ministries of interior, defense, finance, oil, and the central bank, will be subject to the American vision, without allowing the elected government to interfere in the files of these positions due to their sensitivity, according to what Savia informed him.”

He added that “the United States expressed its welcome for cooperation with Sunni and Shiite figures and from various components within the framework of forming an Iraqi government with American privilege,” noting that “senior officials received threats that corruption files concerning them would be exposed and their assets outside the country would be confiscated if they did not adhere to the American approach.”
Al-Dulaimi confirmed that “Safia is currently working to implement Trump’s plan in Iraq, which aims to impose complete control over political decisions.”

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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

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

October 23, 2025 Mnt Goat News Brief

Guten Tag everyone:

More concentration on the Project to Delete the Zeros. It is time and we will see this shortly.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

____________________________________

2 Corinthians 8:12

“For if the willingness is there, the gift is acceptable according to what one has, not according to what one does not have.”

______________________________________

STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

Last week, the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency. I quote from today’s article “The matter of removing zeros from the Iraqi currency is a project that still exists and is ongoing. We are planning for it, and in the future, we will see progress on this matter,” Alaq said.

So, what project does Alaq mean? Of course, it’s the Project to Remove the Zeros.

Okay in my estimation this news came a bit late but who am I to debate it. Can the CBI conduct the project in just a few more months? …tick, tock, tick, tock. I am sure they have a time table. I am so sure because they told us. But who am I as I don’t work in the CBI.

😊 😊 Oops! They said is again….lol..lol..lol.. in the recent news once again the CBI confirms that they are moving ahead with the removing the zeros from the dinar. No longer historical stuff or futuristic someday stuff but NOW stuff. NOW, NOW, NOW! Get it? Let’s take a peek at the article titled “CENTRAL BANK: THE PROJECT TO REMOVE ZEROS FROM THE DINAR IS STILL ONGOING AND IS BEING PLANNED.” If you recall last week we had two other articles on this subject matter, then videos of the results of surveys given to the citizens on the subject matter. Now the CBI is confirming to the citizens the project is underway and we will see it soon. But when is “soon”? I can only guess it has to be between now and the end of December, right? Of course, if they still plan to reinstate in January 2026. We will shortly find out with only a few months to go.

I know that many of my readers may just float around and listen to a lot of the garbage information out there. That is your choice, but I strongly discourage this practice anymore. Then again many are serious about learning. Many may have thought I was lying or making too much out of what was said in last weeks articles about deleting the zeros. For some reason they can’t comprehend that this RV saga is quickly coming to an end.

I assure you of what my CBI contact told me is now all coming out in the news. It is undeniable now. So, let all the nay-sayers say what they want but this does not change the fact that we may be at the end of this RV saga and only just over a couple months to go.

The other article on this subject matter of removing the zeros is titled “NO OBSTACLES IN WAY OF WITHDRAWING OIL REVENUES FROM US BANKS” The article is mainly about the ability of Iraq to withdraw oil revenues from the banks in NYC under guardianship since 2003, I mean DFI money in dollars from the oil. But the interesting part about the article is it finishes with talk of removing the zeros. Why? Is there some correlation between the two topics or was this just an interview on various topics covered? Let’s explore both of these articles further. What is going on here.

I always like to start my analysis of defining first what we do know for sure:

• The 2025 budget tables were delayed due to a drop in oil prices below the minimum $70 as budgeted to pay for it.

• The Al-Sudani told us that these budget tables, thus project within them, are going to be rolled over in the 2026 budget.

• The budget for Iraq is worked on in October and begins with the new fiscal year for Iraq in January 2026.

• We were just told the budget tables for 2025 passed in parliament and had to be through legislative process again since they changed so much from the original tables. The new budget is now predicated off of oil at $60 not $70. They are going to take a more conservative approach.

• Al-Sudani is heading for Washington to meet with president Trump and the US Treasury. The talking points are not yet clear, but I believe they are going to be mostly about the Iranian militia and the next election.

• Al-Sudani told us almost a year ago, the dinar would be worth more than the dollar soon.

• Kurdistan Region’s oil exports resumed on Saturday following a three-month tripartite agreement between Baghdad, Erbil and the international oil companies. Oil through the port of Cryan could double the oil exports for Iraq thus doubling their oil revenues.

Okay, so now if we take what they just said to us in these recent articles about deleting the zeros it appears to me, and was confirmed to me on Wednesday by my CBI contact that the CBI is going to fund the 2026 budget with the reinstatement and new rate.

When you read the articles, it ties the deleting of the zeros to the budget. Listen carefully. I quote “Central Bank Governor Ali Al-Alaq confirmed that the three-year budget “included very large expenditures and a high deficit,” noting that the issue of removing zeros from the dinar may witness developments in the coming period.”

In this quote from the article Al-Alaq is referring to the last three year budget and would have had a very large deficit attached to it, if they had gone forward with it. He is then saying by removing the zeros (thus revaluing the dinar) will resolve this issue in the coming period. You see something always gets mixed up or lost in the translation from Arabic to English. This is why I called my CBI contact in Iraq to clarify.

Of course, in the coming period (Oct-Dec) since they only have a few more months until January 2026 and need to conduct the removing the zeros prior to any reinstatement. Remember Iraq is hardly ever on time and so we may go inpart into January. Don’t expect the reinstatement right on January 1^st. This would be reall silly on your part and half-cocked and stupid. Get it? So the CBI is down to the last couple months to prepare and do it. We know the Project to Delete the Zeros MUST be done prior to the reinstatement. Let’s look at some more from the recent articles on removing the zeros.

Phenomena of the 20,000 dinar.

Al-Alq also said and I quote “He pointed out that, “With the renewed proposal for the zero-removal project, which is currently being prepared, the currency denominations will be restructured in general, including the 20,000 denomination.”

But there currently is no 20,000 three zero notes. Remember they cancelled this event to print and use these back years ago. So, what does this mean? It means they are going to have a 20 dinar note, as a new note that would have matched the 20,000 note, if they had issued them before. But they are going to now issue the 20,000 only in the background for banking purposes. The citizens should never see it. It is that simple, says my CBI contact, mystery solved.

Feel free to go to my blog link for the Project To Delete The Zeros, scroll down and take a peek at the list of the newer lower denominations the proposed in the past by the CBI. We must now add 20 dinar and 20,000 dinar notes to the list. We will soon see the new list also on the CBI website as they show us what all the newer lower denominations will look like. I am told this web page is prepared already and that the page is coming soon.

Then the CBI also told us “Last week, the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency.” So, tell me just how can the CBI “strengthen the national currency” unless it takes some drastic measures like selling more oil, increasing non-oil revenues and revaluing the dinar? All of these events come together and are connected and integrated into the overall plan of creating stability in the dinar. This is why the CBI talked about the removing the zeros in the same breath as these other topics. Get It? I certainly hope everyone reading my Newsletter gets it. It is coming and so put the champagne in the frig… lol..lol..lol.. 😊

What else is in the news?  

Meanwhile as the CBI moves ahead with the process of removing the zeros and preparing to help meet the 2026 budget through the reinstatement and new rate, there is still the lingering stigma of the Iranian militia that must be dealt with. Could this delay the action of the RV again?

In another article titled “AL-SUDANI AND THE US SECRETARY OF STATE DISCUSS COMPLETING US TRADE DEALS IN IRAQ”. In the article US Secretary of State Marco Rubio emphasized again on Tuesday 10/21 that armed factions must be disarmed.

The US State Department said, “Secretary Rubio discussed, in contact with the Prime Minister of Iraq, efforts to complete US trade deals in Iraq”. According to the US State Department, Secretary Rubio stressed “the need to disarm the Iranian-backed factions that undermine Iraq’s sovereignty.” So, it appears to me that the US under the Trump administration is demanding a safer background in Iraq in order to conduct its business in Iraq. Having the Iranian militia in Iraq is not safe for the US. So, you see this article tells so  much. These events are connected. Can Iraq find a way to peacefully work with Iran to rid Iraq of these militia terrorist organizations? This is not just going to go away… lol.. lol.. ☹

😊 In the article titled “SECRET PLEDGE IN SHARM EL-SHEIKH: AL-SUDANI PROMISES WASHINGTON TO SEVER TIES WITH TEHRAN” we learn that Former minister and MP Wael Abdul Latif confirmed that Prime Minister Mohammed Shia al-Sudani pledged to the US administration during the Sharm el-Sheikh meetings to end relations with Iran and close the Popular Mobilization Forces (PMF) and armed factions files, in exchange for Washington’s support for his second term.

In a statement monitored by the Jarida Platform, Abdel Latif said, “The Prime Minister has clearly expressed his willingness to move away from the Iranian axis in exchange for political support from the United States to renew his term,”

Is this promise enough or will the US demand action first before supporting Al-Sudani for a second term. Also when it comes to removing the zeros and the revaluation, don’t you think this promise made over a year ago has to be made good for him to gain confidence and support for reelection? Just saying…

Then this article pops out titled “AL-SUDANI CALLS ON WASHINGTON NOT TO TAKE UNILATERAL ACTION AFTER RUBIO’S COMMENTS ABOUT MILITIAS.” Prime Minister Mohammed Shia al-Sudlani offered a different account of what transpired in his phone call with US Secretary of State Marco Rubio tonight. The Iraqi statement omitted any mention of “disarming militias” in the next phase, contrary to what the US statement contained. However, al-Sudlani used a suggestive phrase when he called on Washington not to take any unilateral action outside the framework of communication and consultation. In other words Al-Sudani is fearful that the US military in Iraq would take forceful actions against the militias without the approval or knowledge even of the GOI. He is being precautionary. I just want to point out the severity of the situation with the militias in Iraq.

Why didn’t the past two US administrations kickout the militias?

Why wait for the Trump administration to do it? Oh….didn’t I tell you almost a decade ago what issues allowing these militia to stay in Iraq would eventually cause? So, now we see Iraq is being bit by their own stupidity once again. How could they possibly believe it would be okay to leave Iranian militia inside their country when the US sacrificed lives to free their nation? Did they believe the US government was that stupid to allow it in the long term? I also have to say that maybe the government under the Obama and Biden administrations couldn’t give a damn and actually wanted to continue supporting the funding to Iran from Iraq? Why didn’t these other administrations crack down on these militias then? One has to ask these important questions. Something is very fishy about the foreign policy of these two prior administrations (Obama and Biden) towards Iraq and Iran. That’s twelve years!  

Just so you know there are also two other article on this same subject titled “SUDANESE TO US SECRETARY OF STATE: ANY UNILATERAL STEPS OUTSIDE THE FRAMEWORK OF COMMUNICATION AND CONSULTATION MUST BE AVOIDED”

and

“RUBIO TO AL-SUDANI: THE FACTIONS ARE PLUNDERING STATE RESOURCES FOR THE BENEFIT OF IRAN AND MUST BE DISARMED”

US Secretary of State Marco Rubio informed Iraqi Prime Minister Mohammed Shia al-Sudani on Tuesday evening “of the need to expedite the disarmament of pro-Iranian armed factions in the country”. During the call, Rubio discussed   “Iranian-backed militias in Iraq threaten the lives and businesses of Americans and Iraqis alike, and plunder Iraqi resources for the benefit of Tehran”.

Do you believe that ridding Iranian militia is important to the US? Could this lead to a delay in the reinstatement if not done on timing for January 2026? Leave a comment below.

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?

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

I want to add that we are at the end of this RV saga and so if you have not yet helped in showing me you care for all my research and news, then my calls to Iraq, please consider helping out. Again, I tell you this is a second job as it takes so much of my time to get this done twice a week.. But I do it for you as I already know this information and I do not have to share it. I have worked many years without asking for anything and so now we are at the very end to this RV saga and so please decide to help out or help out again, but only if you can. Thanks Again…

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

““BREAKTHROUGHS ARE ON THE WAY”

You can start watching the video at the 49:37 mark.     

All I can say is this one is amazing and coincides exactly what we are now hearing form Iraq and the coming transfer of wealth.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

JUST THE FACTS OF THE SCHUMER SHUTDOWN

No, it is not going to be democrat business as usual! A shift in how the government is going to be run in the future, and the future is now.

IS IT TIME FOR JUSTICE FOR JACK SMITH

“No one is above the law” and this applies to you too Jack. Did he have legal justification to spy on nearly a dozen republican senators and tap their phone lines? What about what he did to Trump?

THE “SHIT” IS ABOUT TO HIT THE FAN FOR SHIFTY SHIT-SCHIFF.

Will he be next on the list of people indicted? It’s coming….trust me on this one.

IT IS REVEALED ‘NO KINGS’ RALLIES SPONSORED BY COMMUNIST PARTY IN USA

I guess Soros and the CCP couldn’t even pay the paid protestors enough to come out and riot. Did you ever see a bigger bunch of bullshit?

SCHUMER IS PREPARING TO SURRENDER

SOME PEOPLE JUST DON’T BELONG IN CONGRESS

This is what happens when you use a position of trust and honor to play an activist role. I have never seen anything so disrespectful in the house chambers before by any one individual. She is fighting for Palestine and her Muslim district who immigrated from Palestine. This is how she gains votes and stays in her position. It is the new game many of these newer democrats want to play. Just pay attention to “the squad”. Obviously, she is showing off for the cameras. Dumb people who don’t know any better buy into this crap. Oh…. so how many democrats have we watched being thrown out of hearings or public meetings? They are scared that they are next to go. No worries though, your just the small fry, the Grand Jury is in the process of going after the big fish first.

CENTRAL BANK: THE PROJECT TO REMOVE ZEROS FROM THE DINAR IS STILL ONGOING AND IS BEING PLANNED.

22-10-25  (October 22, 2025)

 

Central Bank Governor Ali Al-Alaq confirmed that the three-year budget “included very large expenditures and a high deficit,” noting that the issue of removing zeros from the dinar may witness developments in the coming period.

On the sidelines of Al-Alaq’s participation in the Duhok Conference on Economic and Financial Problems in Iraq and the Kurdistan Region, Al-Alaq said, “The budget for the three years included very large expenditures, which is why the deficit was high. However, there is ongoing coordination between the Central Bank and the Ministry of Finance to achieve a high degree of financial stability.”

He added, “The issue of removing zeros from the Iraqi currency is an ongoing project that is being planned, and we may hear developments regarding it in the coming period.”

He pointed out that, “With the renewed proposal for the zero-removal project, which is currently being prepared, the currency denominations will be restructured in general, including the 20,000 denomination.”

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NO OBSTACLES IN WAY OF WITHDRAWING OIL REVENUES FROM US BANKS.  

The governor of the Central Bank of Iraq (CBI) said Wednesday there are no obstacles in the way of withdrawing oil revenues from US banks, amid recent reports that Washington has sanctioned tens of Iraqi banks due to alleged violations involving illegal dollar transactions.

“There are no obstacles or barriers,” Ali Alaq told Rudaw on the sidelines of the second scientific conference of the College of Administration and Economics at the University of Duhok. “We receive… US dollars daily and convert it directly to Iraqi dinars to meet the needs of the Ministry of Finance and pay those who are entitled to dollars in exchange for dinars.”

Iraq’s oil revenues are deposited in US banks, namely the Federal Reserve, for the purpose of stabilizing Iraqi dinar, management of inflation, and several other critical reasons. The practice originated after the 2003 invasion under UN and US oversight.

In August, Iraq Observatory reported that 35 of the 72 banks currently operating in Iraq have been sanctioned by the US due to alleged violations of illegal US dollar transactions. Oil revenue is Iraq’s main source of income, and the federal government relies on oil sales to cover its costs and pay the salaries of its civil servants.

Iraq has generated an estimated revenue of $7.1 billion in August oil exports, reported the country’s oil ministry.

Issues around budget deficiencies

In June 2023, Iraq passed a three-year budget that included a record $152 billion in spending, allocating 12.6 percent to the Kurdistan Region.

“The three-year budget contains significant expenditures, which is why the deficit has increased,” Alaq warned, adding there is, however, “coordination between the Ministry of Finance and the Central Bank to ensure greater financial stability.”

He added there are “plans being implemented in coordination between the government and the Central Bank to establish a foundation for financial sustainability that will not face shortages and problems.

“The programs that the government and Central Bank are working on include increasing non-oil revenues to protect against the shocks that hit Iraq’s economy.

“I believe there will be significant progress on this matter in the future. Financial sustainability is an important and fundamental goal that we are all working on.”

Under Iraq’s three-year budget plan for 2023-2025, it was decided that the federal government’s revenues and expenditures would follow a set framework, with the finance ministry preparing an updated revenue and expenditure table each year for parliamentary approval.

However, the 2025 budget table has yet to be submitted to Parliament. In practice, even when such tables are prepared, the figures often differ significantly from actual revenues and expenditures, as seen over the past two years.

Removing zeros from currency

Last week, the CBI announced plans to remove zeros from dinar, as part of efforts to strengthen the national currency. 

“The matter of removing zeros from the Iraqi currency is a project that still exists and is ongoing. We are planning for it, and in the future, we will see progress on this matter,” Alaq said.

Iraq’s national currency, the dinar, has recently demonstrated strong signs of recovery, with the market rate steadily approaching the official exchange rate of 1,320 IQD to the US dollar. After a turbulent period of volatility and speculation

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AL-SUDANI AND THE US SECRETARY OF STATE DISCUSS COMPLETING US TRADE DEALS IN IRAQ

US Secretary of State Marco Rubio said on Tuesday that armed factions must be disarmed.

The US State Department said, “Secretary Rubio discussed, in contact with the Prime Minister of Iraq, efforts to complete US trade deals in Iraq“. According to the US State Department, Secretary Rubio stressed “the need to disarm the Iranian-backed factions that undermine Iraq’s sovereignty.”

He continued, “The armed factions supported by Iran in Iraq threaten the lives and businesses of Americans and Iraqis”. He added, “The Iraqi factions are plundering Iraqi resources for the benefit of Iran”. Minister Rubio stressed “Washington’s commitment to working closely with the Iraqis to promote common interests”.

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SUDANESE TO US SECRETARY OF STATE: ANY UNILATERAL STEPS OUTSIDE THE FRAMEWORK OF COMMUNICATION AND CONSULTATION MUST BE AVOIDED

Prime Minister Mohammed Shia al-Sudani warned during a phone call with US Secretary of State Marco Rubio of unilateral steps outside the framework of communication and consultation.

His media office stated, in a statement it received (IQ), “Al-Sudani received a phone call from US Secretary of State Marco Rubio, and they discussed ways to strengthen bilateral relations between the Republic of Iraq and the United States of America, and continue joint efforts aimed at consolidating the deep and multidimensional partnership between the two countries, in the political, economic, cultural, security and military fields”.

Al-Sudani reiterated, “The Iraqi government is keen to continue the momentum of bilateral cooperation and move forward in implementing the agreements and understandings reached during the past months, especially those related to expanding economic ties, developing an investment environment that attracts business, and creating a climate for American investments and companies in Iraq, in a way that embodies the common vision between the two countries.”

He stressed that “the friendly relations between Baghdad and Washington are based on constructive dialogue and continuous communication through multiple channels, which enhances common interests and establishes mutual trust, within a framework of continuous consultation and coordination to achieve common goals,” stressing “the need to avoid any unilateral steps outside the framework of communication and consultation.”

The two sides discussed the constitutional entitlement in the upcoming elections in Iraq, where Al-Sudani stressed “the government’s keenness to strengthen the democratic path in a way that consolidates political stability and sustainable development in Iraq”.

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RUBIO TO AL-SUDANI: THE FACTIONS ARE PLUNDERING STATE RESOURCES FOR THE BENEFIT OF IRAN AND MUST BE DISARMED

US Secretary of State Marco Rubio informed Iraqi Prime Minister Mohammed Shia al-Sudani on Tuesday evening of the need to expedite the disarmament of pro-Iranian armed factions in the country. During the call, Rubio discussed with Al-Sudani efforts to complete American trade deals in Iraq, stressing the need to disarm Iranian-backed militias that undermine Iraq’s sovereignty.

The US Secretary of State added, “Iranian-backed militias in Iraq threaten the lives and businesses of Americans and Iraqis alike, and plunder Iraqi resources for the benefit of Tehran”. At the end of his phone call with Al-Sudani, Minister Rubio stressed Washington’s commitment to “working closely with the Iraqis to promote common interests.”

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AL-SUDANI CALLS ON WASHINGTON NOT TO TAKE UNILATERAL ACTION AFTER RUBIO’S COMMENTS ABOUT MILITIAS.

Prime Minister Mohammed Shia al-Sudlani offered a different account of what transpired in his phone call with US Secretary of State Marco Rubio tonight. The Iraqi statement omitted any mention of “disarming militias” in the next phase, contrary to what the US statement contained. However, al-Sudlani used a suggestive phrase when he called on Washington not to take any unilateral action outside the framework of communication and consultation.

Statement from Al-Sudani’s office:

Prime Minister Mohammed Shia al-Sudani received a phone call from US Secretary of State Marco Rubio.

During the call, they discussed ways to strengthen bilateral relations between the Republic of Iraq and the United States of America, and continued joint efforts aimed at consolidating the deep and multidimensional partnership between the two countries in the political, economic, cultural, security, and military fields.

The Prime Minister reiterated the Iraqi government’s commitment to continuing the momentum of bilateral cooperation and moving forward with implementing the agreements and understandings reached over the past months, particularly those related to expanding economic ties, developing an attractive investment environment for business, and creating a climate for American investments and companies in Iraq, in a way that embodies the shared vision between the two countries.

Mr. Al-Sudani emphasized that the friendly relations between Baghdad and Washington are based on constructive dialogue and continuous communication through multiple channels, which enhances common interests and consolidates mutual trust, within a framework of ongoing consultation and coordination to achieve common goals. He emphasized the need to avoid any unilateral steps outside the framework of communication and consultation.

The two sides also discussed the constitutional requirements for the upcoming elections in Iraq, with the Prime Minister affirming the government’s commitment to strengthening the democratic process to consolidate political stability and sustainable development in Iraq.

US State Department statement:

The US Secretary of State discussed efforts to complete US trade deals in Iraq in a call with the Iraqi Prime Minister.

– Iran-backed militias in Iraq threaten the lives and businesses of Americans and Iraqis. US Secretary of State Rubio stressed the need to disarm Iranian-backed militias that undermine Iraq’s sovereignty.

The US Secretary of State affirmed Washington’s commitment to working closely with Iraqis to advance common interests.

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ELECTIONS AND THE “SECOND TERM”.. QAANI INTERVENES TO CONTAIN A HEATED DISPUTE BETWEEN THE FRAMEWORK LEADERS

(Don’t be surprised if Qaani ends up dead soon.)

On Tuesday, political sources revealed escalating differences within the coordination framework related to the use of state resources and political influence in electoral propaganda for a number of lists within the framework, at a time when Iranian parties entered the mediation line to contain tension.

One of the sources told Shafaq News Agency, “A disagreement emerged between some of the main forces within the coordination framework regarding the employment of state institutions and their capabilities to serve election campaigns, in addition to other differences regarding the management of the electoral file and financing, which prompted external parties to intervene to humidify the atmosphere and emphasize the unity of the Shiite ranks.”

According to the source, “The commander of the Quds Force of the Iranian Revolutionary Guard, Ismail Qaani, during his recent visit to Iraq to offer condolences on the death of the wife of the highest religious authority, held individual meetings with the leaders of the Coordination Framework forces, during which he stressed the need to preserve the unity of the Shiite position and leave differences aside before the upcoming elections.”

In this context, the representative of the Badr bloc, Madiha Al-Moussawi, downplayed the importance of this news, and said in her interview with Shafaq News Agency, “What is happening within the framework is a difference in visions and not a political disagreement, and this situation is healthy in any political process”.

Regarding talk about renewing the second term of Prime Minister Mohammed Shia al-Sudani, al-Moussawi confirmed that “talk about this is very early, and the issue of naming the next prime minister remains subject to the understandings of all political forces after the elections.”

After being the main political support framework for the Sudanese government since its formation in October 2022, the internal competition between its forces has come to light as the elections approach, especially over who has the greatest government influence and resources to employ in the next vote.

During the past few months, Qaani’s interventions to contain the Shiite division have increased, especially between the parties within the framework who are considered Tehran’s political allies, in the hope of keeping them in the same alliance after the announcement of the results of the upcoming elections.

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ON AN “UNANNOUNCED” VISIT.. QAANI MEETS WITH POLITICAL AND ARMED LEADERS IN BAGHDAD

Revealed An informed political source said on Tuesday evening that the commander of the Quds Force of the Iranian Revolutionary Guard Corps, General Ismail Qaani arrived in the Iraqi capital, Baghdad, on a visit “other than Announcing, he met with a number of leaders.

And he said The source told Shafaq News Agency, “Qaani arrived in Baghdad today and met with a number of leaders there.” Shiite political forces and armed factions, on a visit whose nature is unknown, as well None of the leaders mentioned that Qaani held his meetings.

And in Earlier today, political sources revealed escalating disagreements within the coordination framework related to the use of State resources and political influence in electoral propaganda for a number of affiliated lists Within the framework, at a time when Iranian parties entered the mediation line to contain the tension.

And tell One of the sources, Shafaq News Agency, said, “The commander of the Quds Force in the Iranian Revolutionary Guard, Ismail Qaani, during his recent visit to Iraq to offer condolences on the death of the wife of the highest religious authority, He held individual meetings with the leaders of the Coordination Framework forces, during which he stressed the need to maintain Unifying the Shiite position and leaving differences aside before the next elections.

And during recent months, Qaani’s interventions to contain the Shiite division have increased, especially between the parties within the framework who are considered Tehran’s political allies, hoping to keep them in the same alliance After announcing the results of the upcoming elections.

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THE IRAQI ECONOMY IS IN A NEW TEST: THE DECLINE OF THE DINAR AND THE CHALLENGES OF OIL HEGEMONY

  

The Iraqi dinar is suffering from increasing pressures, represented recently by its loss of about 5% of its value in late 2024, in light of internal and external challenges, most notably the decline in cash reserves, the rise in demand for the dollar in parallel markets, and excessive reliance on oil revenues.

In this regard, Sadiq Al-Rikabi, Director of Economic Research at the World Center for Development Studies in the United Kingdom, believes that the decline of the dinar is partly linked to the failure of some banks to adhere to regulatory rules, in addition to the strict American restrictions on foreign transfers, especially towards Iran.
He pointed out that dollar smuggling and leniency in dealing with the sanctions imposed on Tehran reduced the availability of the dollar in the Iraqi market, which led to an increase in its value against the dinar.

A parallel market destroys confidence
The crisis has worsened with parallel market activity, with the dollar dominating transactions and the dinar gradually weakening in value. Al-Rikabi explained that chronic dependence on oil and weak local production keep the dinar vulnerable to decline, without a real production support to support it.

Al-Rikabi highlighted another dilemma, which is the lack of trust between citizens and the banking system, noting that about 98 trillion Iraqi dinars are traded outside the banking system, which reflects the lack of trust in the banking sector, in addition to the lack of banking development to attract depositors.

Worrying future repercussions
Al-Rikabi warned that the continued decline of the dinar could lead to inflation and rising prices, which would push the private sector to refrain from investing or expanding, and delay the wheel of development.

However, he expressed optimism about the existence of large reserves and the government’s intention to diversify the economy, which may support stability in the long term.

For his part, the Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh, stressed that currency stability requires coordination between the Central Bank and the government, with greater openness to international institutions, and activating economic policy tools according to a comprehensive development vision.
He pointed out the success of monetary policy in curbing inflation to less than 3%, supported by foreign reserves amounting to $100 billion, and a fixed official exchange rate of 1,320 dinars per dollar.

He added that diversifying non-oil revenues through reforming the tax system and developing customs control is a pillar for achieving a sustainable economic balance.
He also stressed the importance of the shift towards a digital economy and expanding financial inclusion, as the percentage of adults with bank accounts rose to 40% in just one year.

Transparency is the key to stability
As for economic expert Ahmed Abd Rabbo, he called for an integrated package to control the market, including controlling public spending, expanding the production base, and regulating the movement of the dollar.

He stressed the importance of transparency in currency auctions and tightening control over external transfers, with the need to use cash reserves with caution. He also considered political stability a crucial factor in protecting the value of the dinar, noting that any unrest would boost demand for the dollar as a safe haven and put pressure on the local currency.

At the conclusion of his speech, Abd Rabbo stressed that building a diversified economy capable of generating hard currency from non-oil sectors is the only way to protect the dinar from market and political fluctuations.

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THE CENTRAL BANK DEVELOPS THE STRUCTURE OF EXTERNAL FINANCIAL TRANSFERS: A DECISIVE STEP AGAINST MANIPULATION AND SMUGGLING

In a new effort to limit foreign currency smuggling and regulate foreign trade, the Central Bank of Iraq has taken a decisive step by issuing binding instructions to regulate the mechanism for dealing with commercial invoices in all licensed banks, in coordination with the Ministry of Finance and the General Authority of Customs, within the framework of implementing Cabinet Resolution No. (569) of 2025.

These measures come within the framework of the national project to automate and modernize customs, and aim to enhance transparency and control over external financial transfer operations, at a time when Iraq is witnessing increasing challenges in controlling the movement of funds and intensifying control measures to reduce manipulation and smuggling.

As of Wednesday, January 1, 2025, the Central Bank of Iraq suspended the approved electronic platform for selling dollars to banks and companies at the official rate of 1,320 dinars per dollar.

Deputy Governor of the Central Bank, Ammar Khalaf, said in statements to reporters that work on the electronic platform related to the dollar has stopped, but financing foreign trade continues through banks in accordance with parallel mechanisms in force in countries around the world.

In a related statement, the Central Bank of Iraq explained earlier that this transition went through multiple stages that the external transfer process went through, which began with the window for buying and selling foreign currency and moved to the stage of the electronic platform for external transfers, and ended with the processes of gradually strengthening balances during the year 2024 and was fully achieved in the last week of that year.

The Central Bank of Iraq recently issued a new circular to all licensed banks, which included detailed instructions regarding commercial invoices whose assets are required to be transferred abroad, based on the directives of the Ministry of Finance and the General Authority of Customs, and within the framework of facilitating the implementation of Cabinet Resolution No. (569) of 2025.

According to the circular, it was decided to include in the commercial invoice a set of basic information, most notably: the invoice number and date, payment and shipping terms, currency and value, and the global Harmonized Customs Code (HS Code), provided that it is not less than six digits, in addition to the exporter and importer’s data, and an accurate description of the goods, their origin, brand, quantity, unit of measurement, unit price, and total price.

The circular also indicated the adoption of one of two types of invoices: either the final commercial invoice, or the initial invoice attached to the sales contract, provided that the final invoice contains all the data contained in the initial invoice.

The Central Bank confirmed that these instructions will be officially adopted in financial transfer and customs clearance operations starting from November 1, 2025.

In addition, the Prime Minister’s Advisor for Financial and Economic Affairs, Mazhar Muhammad Saleh, said that the new measures announced by the Central Bank of Iraq with the aim of preventing dollar smuggling, which will be implemented starting next month, “look good now”.

Saleh added during his interview with Al-Eqtisad News, “It is a fact that we can wait for its effectiveness, but it seems good now”, referring to the possibility of evaluating the results of these measures after they actually begin to be implemented.

In turn, the Eco Iraq Observatory commented on the new instructions issued by the Central Bank of Iraq regarding regulating commercial invoices for financial transfer and customs clearance operations, considering that they represent an important step towards enhancing transparency and controlling financial procedures.

The Observatory said that Circular No. (267/4/9) dated October 15, 2025, directed licensed banks to include in commercial invoices basic information related to payment and shipping terms, value and currency of the invoice, and the global customs harmonized code, in addition to the addresses of the importer and exporter, a description of the goods, their origin and brand, in addition to the quantity, unit price and total price.

Eco Iraq explained that the Central Bank stipulated the adoption of one of two types of invoices: either the final commercial invoice, or the initial invoice attached to the sales contract, provided that the final invoice contains all the data of the initial invoice.

The Observatory confirmed that implementation of these instructions will begin on November 1, 2025, noting that the decision falls within the National Automation Project, which seeks to regulate external transfer operations more precisely and reduce loopholes that may be exploited in manipulation or evasion operations.

Eco Iraq considered that the new instructions represent a positive step towards unifying banking and customs procedures, and contribute to reducing errors and improving the level of control over commercial transactions, which supports the project to modernize customs and financial governance in Iraq.

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AL-SARRAJ: THE COORDINATION FRAMEWORK IS THE ONE THAT DETERMINES THE NEXT PRIME MINISTER.

 
Political analyst Ibrahim Al-Sarraj said on Monday that the premiership for the next phase will be determined by the parties forming the Coordination Framework, and will not depend on the number of parliamentary seats won by each candidate or leader.

Al-Sarraj told Al-Maalouma, “The Coordination Framework refuses for Al-Sudani to be in power for a second term, even if he wins a majority of parliamentary seats in the next phase.”
He added, “The Coordination Framework has a political tradition that does not depend on the number of parliamentary seats in granting the premiership, but rather on consensus between the political parties, which is something that has been worked on in the past parliamentary sessions.”

He explained that “the premiership for the next phase will be determined exclusively by the parties forming the Coordination Framework, as it does not depend on the number of seats, but rather on the state of acceptance within the framework.” 

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SECRET PLEDGE IN SHARM EL-SHEIKH: AL-SUDANI PROMISES WASHINGTON TO SEVER TIES WITH TEHRAN

Former minister and MP Wael Abdul Latif confirmed that Prime Minister Mohammed Shia al-Sudani pledged to the US administration during the Sharm el-Sheikh meetings to end relations with Iran and close the Popular Mobilization Forces (PMF) and armed factions files, in exchange for Washington’s support for his second term.

In a statement monitored by the Jarida Platform, Abdel Latif said, “The Prime Minister has clearly expressed his willingness to move away from the Iranian axis in exchange for political support from the United States to renew his term,” noting that this pledge was one of the most prominent topics of the meetings held on the sidelines of the Sharm el-Sheikh summit.

He added that “US envoy Mark Savaya did not come to Iraq to survey or sleep, but rather to follow up on sensitive issues related to the Popular Mobilization Forces, armed factions, and the Iraqi economy,” noting that “his presence reflects profound political and security implications, paving the way for a new phase in the relationship between Baghdad and Washington.”

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IRAQ SELLS FIRST SHIPMENT OF KURDISH OIL AFTER EXPORTS RESTART

02-10-2025

ERBIL, Kurdistan Region – The Iraqi government on Thursday sold the first shipment of oil from the Kurdistan Region in Turkey, just days after exports resumed following a suspension of more than two years, Oil Minister Hayyan Abdul Ghani told Rudaw.

“Today at 12 pm, the first oil ship carrying Kurdistan Region oil was sold and left Ceyhan port,” said the minister,” adding that the ship was carrying 650,000 barrels of oil. 

Kurdistan Region’s oil exports resumed on Saturday following a three-month tripartite agreement between Baghdad, Erbil and the international oil companies. Exports were halted in March 2023 after a Paris-based arbitration court ruled that Ankara had violated a 1973 pipeline agreement by allowing Erbil to independently export oil beginning in 2014.

“The oil that is exported through the [Turkey-Iraq] Pipeline is collected daily in the storage facilities at Ceyhan port and exported in stages,” Abdul Ghani noted. 

Abdul Ghani on Saturday stressed that the resumption of Kurdistan Region’s oil exports will not affect Iraq’s compliance with its latest OPEC commitments, saying “they have already been counted as part of OPEC’s quota.”

On Wednesday, the minister told Rudaw that Iraq aims to increase daily oil output from 4.4 million bpd to 5.5 million bpd by the end of the year.

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IRAQ POCKETS OVER $7 BILLION IN AUGUST OIL REVENUE: MINISTRY

29-09-2025

ERBIL, Kurdistan Region – Iraq has generated an estimated revenue of $7.1 billion in August oil exports, reported the country’s oil ministry on Monday, as global oil prices dropped to $68. 

The ministry said Baghdad exported over 104.8 million barrels of oil, at an average rate of 3.4 million barrels per day and an average price of 67.7 dollars per barrel.

“The total quantity of crude oil exports, including condensates, amounted to 104,806,884 barrels… with revenues amounting to more than $7,160,253,000,” the ministry said.

Oil revenue is Iraq’s main source of income, and the federal government relies on oil sales to cover its costs and pay the salaries of its civil servants.

The ministry’s report comes days after Kurdistan Region’s oil exports resumed, more than two years after suspension, following an interim agreement between Baghdad, Erbil and oil companies.

Oil prices dropped on Monday after Kurdish oil exports resumed to the international market, coupled with OPEC+ plans for another oil production increase in November.

Oil exports from the Kurdistan Region through the Iraq-Turkey pipeline had been suspended since March 2023, when a Paris-based arbitration court found that Ankara had violated a 1973 pipeline agreement with Baghdad by allowing Erbil to independently export oil since 2014.

Iraq’s Minister of Oil Hayyan Abdul Ghani commented on the agreement on Friday, saying that for the first time in 20 years the Kurdistan Regional Government (KRG) has agreed to send 190,000 barrels of oil per day to Iraq’s State Oil Marketing Organization (SOMO) and some 50,000 barrels will be kept for internal use and managed by Erbil’s Ministry of Natural Resources.

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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 G

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

October 21, 2025 Mnt Goat News Brief

Guten Tag everyone:

More concentration on the Comprehensive Banking Reforms and why they are sooooo important for us to get the RV. You’re going to luv this Newsletter today. It is chockfull of goodies.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

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2 Corinthians 8:12

“For if the willingness is there, the gift is acceptable according to what one has, not according to what one does not have.”

More news….

ENERGY EXPERT: 70% OF THE ARTICLES OF THE OIL AND GAS LAW HAVE BEEN AGREED UPON

An oil and gas expert says that 70% of the articles of the oil and gas law have been agreed upon and the rest needs political dialogue and negotiations.

The big picture: The oil and gas law was supposed to be completed in 2007 and voted on in the Iraqi parliament, but due to conflict and indifference of Iraqi parties, year after year, the enactment of the law was hampered.

Official Statement: د. Govand Sherwani, a university professor and oil and gas expert, told AVA that the oil export agreement will help to pass the oil and gas law in the sixth session of the Iraqi parliament, provided there is no political interference. Sherwani said the biggest problem between Erbil and Baghdad on the oil issue is the failure to pass the oil and gas law, which should have been passed in 2007, but fortunately 70% of the articles of the draft law have been agreed.

On the other hand, the expert said that the three-year Iraqi budget law contains many shortcomings and all to the detriment of the Kurdistan Region, if the technical and financial issues are corrected, there is an opportunity in the 2026 budget law.

(Mnt Goat: Oh…Gee-Whiz isn’t this something….. I have been telling everyone for years the Oil and Gas law (HCL) has Not been passed and needs to be passed in order to see the reinstatement. Now do all of you intel idiot gurus reading this article believe me? Yes, you TNT Tony, Bruce (stupid call) and Frank26 and all others. Again, all I can say is “I told you so”.)

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STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

I want to start the Newsletter today by saying that the CBI is working with the IMF and the US Treasury behind the scenes to orchestrate the redenomination of the currency. It has NOT officially begun. As I have stated in my last Newsletter dated 10/16 that there is a needed law put in place and voted on in parliament to change out the currency. Oh…. But doesn’t the CBI work independently? Yes, they do, but as I explained in my last Newsletter, they also need a buy-in from the GOI (Finance Committee). I am told this is going to be voted on soon and once it passes we can expect the process to begin. It is mid-October already and I am getting worried. I am told the efforts are still all geared towards a January 2026 reinstatement. We will see what happens.

If you are not familiar with the overall plan to get to the RV, there are sources on my blog to reference to get the understanding of the process. But this will take time on your part and so nothing is easy and no one is going to sum it up in a sentence or two.

Project To Delete The Zeros

The 2011 Dr Shabibi/IMF Plan to Reinstate the Dinar

If they do, they are lying to you as this entire RV sage can get complicated real fast. I feel a bit of sorrow for all the newbies coming into this investment at this time, as it took me years to fully understand what is going on. How can you do it by reading one or two of my Newsletters? The answer is you can’t. We now also have to consider the changes in the US administrations over time and the changes in US foreign policies towards Iraq.

In today’s Newsletter I want to dive a little more into the “evolving” US policy towards Iraq particularly the one now under the Trump administration. Once Trump was elected for a second term, I stated we would have to wait and see how it all shakes out for Iraq. After about 9 months into his term, we are now beginning to see it with more clarity.

If you had listened to any of Donald Trump’s interviews on Iraq prior to his presidencies, you would know his views on Iraqi oil and then connect it to what is now happening. This first article I want to present to you today takes us deeper into this new Trump foreign policy towards Iraq. Why is this important for us to know? It is important because in understanding this policy we can understand the direction of Iraq over these next years and especially in these next few months leading us to the RV. Trump being a business man and now also an educated politician, knows the value of running a tight ship when it comes to profitable businesses. Yes, not all his business ventures were tremendously successful, however he always knew when to cut ties and move on. This could happen to Iraq too.

So, having said this, we can see this attitude in how Iraq is going to be handled by the Trump administration. Trump will try his best to develop Iraq to a profitable economy not for his own wealth but for Iraq and the US taxpayer and the national economies of both nations. His philosophy has always been to assure both parties are making money in any deal. He is now making deals with Iraq.

The first article in the Articles Section is titled “FROM “WE WANT IRAQ’S OIL” TO “MANAGE IT WELL”.. TRUMP’S WARNING OPENS THE DOOR TO AMERICAN INFLUENCE WITH A NEW FORMULA” This article is all telling of the new Trump administration policy towards Iraq. I quote from it “American warnings about the future of Iraqi oil are renewed with US President Donald Trump’s recent statements, which re-shed light on how Iraq’s oil wealth is managed, amid widespread controversy over corruption, declining economic diversification, and continued reliance on rent (oil) as a basic pillar of the general budget.”

“Financial and economic expert Saleh Rashid pointed out that US President Donald Trump’s warnings about Iraqi oil “revealed important facts that Baghdad must take into account”, stressing the need to develop a comprehensive national strategy to invest oil wealth and strengthen the national economy.”

Rashid said in an interview with Baghdad Today, “Trump pointed out that Iraq possesses huge quantities of oil, but it needs effective management.” This shows us investors that Iraq, despite its huge reserves and high production capacity, has relied mainly on government employment after 2003 and until now, as the majority of oil revenues are consumed as operating expenses and a very limited space is allocated to the investment dimension. This has hurt Iraq and so Trump wants to help Iraq turn this around and diversify out of the rentier economy and makes the country less vulnerable to fluctuations in oil prices and the ability to benefit from non-oil revenues.

How much longer must we hear this news about Iraqis desire to diversify. Please, please just do it! They are doing it but it takes time to move out of a socialist economy into a free market economy. It takes investors with the money to invest in Iraq or the oil revenues must be used wisely to develop these sectors. We already seen the oil revenues are not going to do it alone. We know that both have not happened after over 20 years already and they are darkened by corruption.

Years ago, the finance committee told us that Iraq could have been rebuilt then entire post-war Iraq twice over had it not been the nearly two trillion dollars (not dinars) stolen from its oil revenues. Trump is very familiar with these statistics and so he will try to revive Iraq but I have to tell you that, we know from past history with Trump, at some point, if he is unsuccessful, he will pull the plug on his Iraqi project, take his losses and move on. We also have to consider he only has four years to do it. This of course will not be good for Iraq if the US should move on. However, I do not think this will happen. There is too much as stake for the Iraqi people and the US to let this happen.

In my comparison of the upcoming Iraqi elections to the last US election cycles, both are critical elections. I believe for Iraq this election in mid-November is pivotal for Iraq. Al-Sudani is supported by the US. Will he be the candidate selected by the winning party?   

Next, I would like to address the ongoing financial reform programs and specifically the “Comprehensive Strategic Banking” or (CSB) reforms. A report issued by the American auditing and financial consulting firm Oliver Wyman on Friday confirmed that banking reforms in Iraq are ushering in a new era of economic growth. WOW! WOW! WOW!

If the GOI had told us this I would not be so excited but when a financial consulting firm like Oliver Wyman says it, I get excited. This new set of banking reforms was identified back in April 2025 and began implementation in September 2025. We have already read a few articles informing us of their progress. Remember the five banks that will be closed, as told in the recent news. It said more may follow.

😊Remember also that these reforms are on the list of the five issues mandated by the US be completed prior to any reinstatement. So, today we get a better look at the nature of these reforms and the progress so far. Holly-Molly!!! WOW! WOW! WOW! There are six (6) articles on this subject matter in the recent news. Do you think this topic is important? I have translated them and put them in the Articles Section for you. Please go and take a peek at them. They do not all say the same thing, and are very informative as to what is going on in the banking sector and how it will revolutionize Iraq’s future and is the gateway to what we want. Get it?

Here are the titles of the six articles: WoW!

• “BAGHDAD CONFIRMS ITS COMMITMENT TO THE ECONOMIC AND FINANCIAL REFORM PROGRAM“

• “BETWEEN REFORM AND DICTATE, THE CENTRAL BANK LEADS BANKS TOWARD A FINANCIAL TRANSFORMATION WITH AN AMERICAN CHARACTER.“

• “FROM WASHINGTON: A NEW BANKING AND ECONOMIC REFORM PACKAGE FOR IRAQ“
• “IRAQ, UNITED STATES US TREASURY ADJUSTS TO WEAKER INTELLIGENCE PICTURE AFTER BANKING CHANGES IN IRAQ“

• “CBI LAUNCHES FULL IMPLEMENTATION OF COMPREHENSIVE BANKING REFORM PROJECT“

• “US REPORT: BANKING REFORMS IN IRAQ USHER IN A NEW ERA OF ECONOMIC GROWTH“

 What else is in the news?

😊The other important information in the news stems around the Iraqi relationship with the US in the new foreign policy with Iraq. Please take a look at articles titled “TRUMP APPOINTS MARK SAVAYA AS SPECIAL ENVOY TO IRAQ” and “ZEBARI: APPOINTING SAVAYA IS A BOLD STEP TOWARD RESTORING IRAQ’S SOVEREIGNTY FROM MILITIA RULE.”.  

I have to say after reading this set of articles I still firmly believe that this relationship is still in its infancy stages and will hopefully progress much more, once the elections are over in November. I certainly hope Al-Sudani gets another four years, as selecting yet another figure would delay the results and we all know how long these damned elections in Iraq can run. This could even mess with our January 2026 timeframe for the reinstatement.

☹The article titled “WASHINGTON SANCTIONS EXPOSE IRAQ’S SHADOW ECONOMY”, it hammers home with what President Trump already knows and is attempting to fix. It is essentially going to be his new foreign policy for Iraq. See if you can find the five (5) mandated issues in the article, I did. It is a VERY long read but also very informative of the hidden situation in Iraq that many do not want to talk much about. After reading it slowly I got a real sense of the necessary foreign policy of the Trump administration and the work ahead for the US to help Iraq.

Then these articles about Savaya also really display the strategy of the Trump administration towards Iraq. President Trump announced on Sunday the appointment of Mark Savaya as his special envoy to Iraq. Soon after Kurdistan Democratic Party (KDP) leader Hoshyar Zebari said   that Trump’s appointment of Mark Savaya is an admission that the situation in the country is “abnormal.”   “Mark’s deep understanding of the relationship between Iraq and the United States and his extensive connections in the region will advance the interests of the American people.”

Zebari also said that “Trump’s appointment of Mark Savaya, a Chaldean Christian American of Iraqi origin, as his special representative to stressed that this position requires “measures and decisions outside the usual diplomatic and official frameworks to correct and rectify the turbulent and chaotic situation,” in Iraq. However, Zebari also described the appointment as “good news and a bold decision to restore Iraqi sovereignty and independence, free from corruption, mismanagement of resources, and militia rule.”

In my estimation Trump picked Savaya because he understands the culture, as he is of Iraqi origin. Also, Savaya is going to be Trumps “heavy hitter” in Iraq. Kind of like an economic hitman, but in a good way. There is lots to teach the Iraqis in how to build a solid economy. Like I said prior, that Trump will give Iraq 1000% and then if he still can’t turn it around, he will abandon it and probably slap sanctions on it. It is their choice and probably their last chance to get their act together. What does this mean? It literally means getting each of these five (5) main issues resolved on-time. See my Newsletter dated 9/16 for the list of issues. The one that worries me the most is the situation with the militia from Iran. Iraq will not be a proxy state for Iran if Trump is going to move Iraq ahead in the financial world. It is really that simple and those words come from his mouth, not mine.

What? More GOLD?

😊 In the news this period we find that Iraq again tells us it boost it GOLD reserves in the article titled “IRAQ BOOSTS ITS GOLD RESERVES TO 162.5 TONS”. Since they already told us they have 170 tons of GOLD in previous news, we will go with that figure instead…. Lol..lol..lol.. Iraq continues to boost its gold reserves, with stored quantities increasing from 100 tons to 162.5 tons (170 tons) in recent years, according to an economic expert. Does it also seem weird to you how a past article talks about the 170 tons of GOLD and also then in the same article, talks about the subject matter of deleting the three zeros. Coincidental? I think not! So there is a strong connection of the project to delete the zeros to the amount of GOLD. It all ties together. The key is in the plan to reduce the issued paper notes and then back the dinar with GOLD.

It was pointed out that “increasing gold reserves represents an important step towards strengthening the national economy and supporting financial liquidity, as well as being a strategic safety factor in the face of global market volatility.” I also want to point out once again the CBI plan to back the dinar with GOLD. Remember the plan is to shrink the size of the issued paper currency by two-thirds in the process of conducting the Project to redenominate the dinar to the newer lower notes. This means less currency to print and replace too in the future. According to my CBI contact the strategic plan of the CBI has been all along to digitize the dinar and get the citizens using electronic payments (debit cards) instead of cash. This will allow the shrinkage of the paper notes in circulation. I also want to point out a liability too. The liability is that once they conduct the Project to Delete the Zeros, our dinar notes still exists in circulation and so there are many incentives to get these notes out of circulation. This has to be done on or around the same time of the Project to Delete the Zeros for the Reinstatement to be successful.

One incentive is to revalue the dinar just over a dollar in-country to incentive the citizens to turn them into the bank. The next incentive is for the CBI to collect as many of these larger three zeros notes in foreign countries to get them out of circulation once and for all, then the US has an incentive to have us investors exchange our three zero notes for oil credits (I have already explained why this last incentive is important to the US in my Newsletter dated 10/14). Then there is us investors who want to exchange these notes and get rich…. Lol…lol…lol.. 😊   

Remember that this is a switch-over back to normalize the dinar to normal notes. Remember that 21 years ago they did just the opposite when in 2004 they went from normal notes (Saddam Heissen notes) to the three zero notes. Now they have to revert back and so this is really all the project to delete the zeros is. But I also want to point out that in 2004 the move to the three zero notes also killed the rate of the dinar and so they will also revert the rate back too. This is where our RV comes in. Again, this is the IMF term called Normalization of Currency, this is part of it for Iraq.

IMF Normalization of Currency

“The IMF’s normalization of currency refers to the process where the organization helps countries return to a more neutral monetary policy stance after a period of unconventional policies. This process involves tightening financing conditions by raising key interest rates and shifting from unconventional monetary policy measures towards conventional interest rate policy. The IMF’s role is to coordinate efforts that maintain balanced currency relations among nations and to prevent disruptive currency fluctuations that may hinder global economic stability.” 

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?

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

Q & A

Question from: Train Sys

While I understand the difference between the exchange rate and the removal of zeros, my concern is this: when the time eventually comes to exchange the existing 25,000-IQD notes here in the US, could they be recognized as having the value of only 25 new dinars based on the current articles?

Answer: Mnt Goat

Guten Tag Train Sys, whatever that means….? Thanks for the question. But I don’t think you have a full grasp of what is about to happen. Are you a newbie? I want to answer your concern and it is easy to do since we must just stick to the plan of how to get to the reinstatement which means back to FOREX as told to us by Dr Shabibi and the IMF in 2011. No worries if you would just listen to the plan. The CBI told us that these three zeros notes would be used for “inter-banking” transactions when large sums of cash are needed. Large sums of cash? Yes, after the reinstatement and revaluation a 10,000 note may be worth as much as $40,000 US Dollars. But this goes deeper. The CBI also told us that these large notes would be around for up to 10 more years after the Project to Delete the Zeros, which tells me the Project to Delete the Zeros and the Reinstatement are interconnected in the plan and one must follow the other.

Remember we can’t exchange our dinars until the IQD is reinstated (back on the Foreign Exchange FOREX). The reason why it is taking so long is because they want to use the dinar in a financial “reset” or better called a “wealth transfer”. To do this they need the rate of the dinar to US dollars very high. There are also oil credits to think about and so Iraq must be ready financially to pay on these credits in oil. In other words, they must diversify their economy or increase their oil production to pay for the RV. We are now hearing they are doing both. Sadly, there is also the corruption with Iran that must be corrected too and so let’s not forget about it.

Also, if you read my very recent Newsletters you would know that in order to use the oil credits from our exchange, Iraq must also be in a position to afford for the US to use the oil credits. The US is going to get repaid back for the 2003 war and then some. Hey…it’s all in the news articles and I addressed all of it many times already.

Seems you are listening other intel guru idiots? The concern about our three zero notes not being any good is not a valid one. Again, we must go back to the 2011 plan. I have just given you all the reasons why our dinars are solid and we will exchange and make millions.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“ FIRE IS COMING ”

You can start watching the video at the 23:41 mark.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

JUST THE FACTS OF THE SCHUMER SHUTDOWN

No, it is not going to be democrat business as usual! A shift in how the government is going to be run in the future, and the future is now.

IS IT TIME FOR JUSTICE FOR JACK SMITH

“No one is above the law” and this applies to you too Jack. Did he have legal justification to spy on nearly a dozen republican senators and tap their phone lines? What about what he did to Trump?

THE “SHIT” IS ABOUT TO HIT THE FAN FOR SHIFTY SHIT-SCHIFF.

Will he be next on the list of people indicted? It’s coming….trust me on this one.

IT IS REVEALED ‘NO KINGS’ RALLIES SPONSORED BY COMMUNIST PARTY IN USA

I guess Soros and the CCP couldn’t even pay the paid protestors enough to come out and riot. Did you ever see a bigger bunch of bullshit?

SCHUMER IS PREPARING TO SURRENDER

SOME PEOPLE JUST DON’T BELONG IN CONGRESS

This is what happens when you use a position of trust and honor to play an activist role. I have never seen anything so disrespectful in the house chambers before by any one individual. She is fighting for Palestine and her Muslim district who immigrated from Palestine. This is how she gains votes and stays in her position. It is the new game many of these newer democrats want to play. Just pay attention to “the squad”. Obviously, she is showing off for the cameras. Dumb people who don’t know any better buy into this crap. Oh…. so how many democrats have we watched being thrown out of hearings or public meetings? They are scared that they are next to go. No worries though, your just the small fry, the Grand Jury is in the process of going after the big fish first.

GRAND JURY INDICTS FORMER NATIONAL SECURITY ADVISOR JOHN BOLTON

Who’s next?

SUPREME COURT DROPS NIGHTMARE NEWS FOR DEMOCRATS

JUST BECAUSE THE SYMBOL OF YOUR POLITICAL PARTY IS A “jackass” DOES NOT MEAN YOU HAVE TO BE ONE.

Hee-Haw!

LETITA JAMES: Yes, “NO ONE IS ABOVE THE LAW”.

Now its time to live up to her own convictions. Yes, this time she is the hunted as “no one is above the law”, right? Only this time it’s not “fake charges”.

Why is Tish being indicted for her property on Peroni Ave, Virginia? Is there more to come? There are two other properties.  All three of Tish’s properties have mortgage fraud over the last 42 years. It’s time to look closely at the other two properties. There will more than likely be more indictments coming for her. This is not a one time “mistake” or “oops” but a pattern over many years of intentional defrauding the mortgage companies and the banks.  

We must keep in mind that this situation of Letita James is not about vengeance as it is more about justice. Just because it may appear that it is vengeance and in a way it is rightful vengeance, it does not mean we dismiss it. In her own words “no one is above the law”. Now the shoe is on the other foot.

If we have been following the biblical and prophetic side in the book of Samuel of what is happening to clean up our government, we can clearly see that Donald Trump had been picked by God to be his King David. Letita James is just one of many who were bent on stopping God’s work in the United States through Donald Trump. Whether you are a democrat or a republican the corruption is still very real and destroying our nation. I have to ask why the democrat party refuses to come onboard and help the republicans clean it up. Do they have something to hide?

God said through His prophets, that He hears our cries and He will bring justice to those that practice deceiving us.

LETITA JAMES: SHE’LL LOOK GOOD IN ORANGE.

This is necessary or the corruption will continue and even get worst.

LESSONS LEARNED? No, I guess not for democrats. This episode with Letitia James should be a reminder to all of us just how corrupt and dirty these people really are who get into govt offices and elected positions. But more importantly my question is this – How did Letitia James get away with this for so long? Why has no one researched her background before?

Is anyone vetting these candidates before they even run for office?

I know I have said this before but is this part of the problem too. Are we too relaxed in even choosing who will run and concentrate too much on the voting process when we have the opportunity to kick them out even before they get into office.

But there is more. And so who shares the same values? The corrupt seem to hang together. They support each other instead of learning from the mistakes of others. To tell you the truth I can’t figure out how people can be so dumb when it comes to politics. Do you really think sticking with losers is going to help your career?

COULD MEAN ‘DECADES IN PRISON’ – LETITIA JAMES PLEADS AFTER DOJ DISCOVERY

You made your bed, Letitia and now you have to lay in it! No you are not the victim, no this is not a racist thing. Good try…  Can you believe people can actually be so stupid and conned into this? So, so sorry the election did not turn out like all you liberals wanted it to. Remember she ran on a platform to get Donald Trump and now she claims its “selective prosecution” that didn’t work and now it’s racism. Really?

Can I say “what goes around comes around” is the law of Karma?

ZOHRAN MAMDANI: WHAT’S HIS END GAME FOR NYC?

PAM BONDI STUNS DEMOCRATS

Pam Bondi STUNS Democrats with an unexpected move on Capitol Hill, turning their own arguments against them in a fiery hearing. Meanwhile, Stephen Miller dismantles CNN’s narrative in a viral interview that leaves the network scrambling.

HILLARY CLINTON’S BENGHAZI COVER-UP COMING TO FORFRONT AGAIN

Yes, Connecticut Senator Richard Blumenthal and Barrack Obama are also part of this cover-up. Blumenthal, the same guy who was governor of Connecticut for a short time and used the position to get his senate seat. Nearly a third of all emails on Hillary’s private server came from Blumenthal not about “family matters” as she claimed. He was also on the Clinton Foundation payroll for nearly $10,000 per month while pursuing his own interest in the middle east. Is this even legal? The French president too is implicated here in a shady arms deal with Libya and dark money that went to influence the French politics in president Nicolas Sarkoz’s presidential campaign. Blumenthal and Clinton were right in the middle of it. Of Course they had to use a private server. This was all illegal and corrupt.

Of course, Sarkoz was convicted and sat in jail already for years because of it. But two of the other perpetrators still walk the streets. Talk about Russian collusion? We have French collusion right under our noses. For a change, let’s talk real collusion not made-up stuff.    

Can you also see now how the Clintons used their foundation money outside of the real “legal” intend of the foundation and that also is a crime.

Can you see now why they wanted the Comey FBI coverup of the laptop? They all protect each other.

Senator Blumenthal also lied about his military service. This guy is bad and I mean really bad! Please listen to the video and you will find out why the Clinton scandals will implicate many others along with her along the way. This is why they tried to wash the “lap top” scandal under the rug. But they are not going to succeed.

Anyhow, let’s concentrate too on what happened in Benghazi that day and why the lies had to be told about it to cover it up. But who will pay the price for this corruption? Will anyone actually be indicted for these crimes?

LETITIA JAMES PATH TO PRISON

Federal defense attorney Ronald Chapman unpacks the explosive grand jury investigation into James, including mortgage fraud allegations, civil rights violations, and DOJ subpoenas that could carry decades in prison time.

FORMER FBI DIRECTOR JAMES COMEY’S PATH TO PRISON

Who will he take along with him? Who’s next?

Attorney Ron Chapman. I like this guy. His news is nonbiased and nonpolitical. He tells it like it is. If a crime has been committed someone or some folks must pay the price for it. Folks this is not just Congressional hearings anymore. That is mostly all done already. Comey has been charged, or indicted, for crimes and more are coming. The investigation is not yet over.

A million-dollar dossier, a Phoenix tarmac meeting, and a former FBI Director now under federal indictment. What was once billed as “Russian interference” has exploded into a far-reaching scandal involving leaks, cover-ups, and political favoritism at the highest levels of government. From Hillary Clinton’s deleted emails and the Clinton Foundation probe to James Comey’s sworn denials before Congress, the case now charging him under 18 U.S.C. §§ 1001 and 1505 is only the beginning.

TIME IS UP FOR HILLARY CLINTON

Most true Americans just want justice and its way overdue. Who will the fall of Hillary take down with her? What is the Epstein connection in all this? Can it eventually lead to the take down Barrack Obama too?

Attorney Ron Chapman. I like this guy. His news is nonbiased and nonpolitical. He tells it like it is. If a crime has been committed someone or some folks must pay the price for it. Folks this is not just Congressional hearings anymore. This is the real thing. Comey will inevitably testify against Hillary to save his own ass. Besides there is  more than enough evidence to put her in prison without it anyway.

TRUMP AGAIN ANNOUNCES POSSIBLE $1,000-$2,000 TARIFF DIVIDEND FOR TAX PAYING AMERICANS! TRUE OR FALSE?

WASHINGTON — President Trump has once again mentioned his idea of sending out stimulus checks to Americans. In an interview with One America News Thursday, he was asked what he would do with the revenues from higher tariffs on imported goods.

Trump first said they’re looking at “paying down debt.” He then added they also may issue a stimulus as a result. You can hear it from his own mouth. This is his words not mine. No rumors or opinions here.

In this interview he does not say this dividend is approved as it will have to come through congress and the senate first for appropriations. Let’s see what happens. If it does, it will probably not come until tariffs are working for a bit of time. So don’t expect it this year.

FROM “WE WANT IRAQ’S OIL” TO “MANAGE IT WELL”.. TRUMP’S WARNING OPENS THE DOOR TO AMERICAN INFLUENCE WITH A NEW FORMULA

American warnings about the future of Iraqi oil are renewed with US President Donald Trump’s recent statements, which re-shed light on how Iraq’s oil wealth is managed, amid widespread controversy over corruption, declining economic diversification, and continued reliance on rent (oil) as a basic pillar of the general budget.

Financial and economic expert Saleh Rashid pointed out that US President Donald Trump’s warnings about Iraqi oil “revealed important facts that Baghdad must take into account”, stressing the need to develop a comprehensive national strategy to invest oil wealth and strengthen the national economy.

Rashid said in an interview with Baghdad Today, “Trump pointed out that Iraq possesses huge quantities of oil, but it needs effective management. This shows that Iraq, despite its huge reserves and high production capacity, has relied mainly on government employment after 2003 and until now, as the majority of oil revenues are consumed as operating expenses and a very limited space is allocated to the investment dimension.” This has turned the national economy into an undiversified rentier economy and makes the country vulnerable to fluctuations in oil prices and the inability to benefit from non-oil revenues.

(Yes, Iraq needs to turnover these government jobs to the private sector and let them pay the salaries and benefits. Maybe they can eliminate this huge monthly “salary” bill they have to pay each month, which by the way is the controversy and contention as it is almost always late. This was leftover from the socialist Saddam Hussien era. This is also what the democrats want to do to the US and they want a huge government and expanded govt employees. They dream in a fantasy world and we can use Iraq as yet another example that socialism does not work. Why can’t they learn from it?)

He added, “The rampant corruption and elites involved in plundering public funds have transferred a large portion of wealth to the pockets of parties and their economic wings instead of strengthening the economy and improving services,” indicating that “continuing to manage the economy in this way without a national strategy will put Iraq before major challenges with any instability in the oil markets, increase pressure on the budget, and affect the financing of salaries and operating expenses.”

(Oh boy, haven’t we seen this too in the US?)

Rashid stressed that “oil must transform from a source of spending into a lever for development, and that investment and improving public services must be a priority for the next government, otherwise the country will face a catastrophic situation”.

Trump’s recent remarks at the Sharm el-Sheikh summit come years after his previous controversial remarks when he explicitly said, “We want to control Iraq’s oil.” However, the American language today has changed from demanding control to testing management.

In light of the American–Chinese competition over major Iraqi fields such as Rumaila and West Qurna, Washington seeks to reposition itself through what is known as the policy of “conditional governance”; That is, linking investment and support to the extent of Iraq’s efficiency in managing its resources, combating corruption, and improving the energy and investment environment.

Observers believe that the recent US warning is not only about oil as a commodity, but also as a tool to measure influence between Washington and Beijing inside Iraq. As Chinese companies expand their presence in the South, the US administration is working to establish new rules of the game: whoever does not manage oil well will face the problem that Trump warned about.

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BAGHDAD CONFIRMS ITS COMMITMENT TO THE ECONOMIC AND FINANCIAL REFORM PROGRAM

Prime Minister Saleh Mahoud Salman’s advisor confirmed on Friday that the government is continuing to implement comprehensive strategic banking reforms, noting that the government is committed to continuing to implement the economic and financial reform program.

Mahoud said in a speech he delivered during his participation as a government representative in the banking reform conference organized by the Central Bank of Iraq in cooperation with the international consulting firm (Oliver and Ayman) at the Ritz Carlton Hotel in Washington, DC, on the sidelines of the meetings of the International Monetary Fund and the World Bank: “The government is committed to continuing to implement the economic and financial reform program aimed at enhancing the efficiency of the banking system and supporting sustainable development in the country.”

He stressed that “the banking sector represents a fundamental pillar in the economic reform process,” indicating that “the government is continuing to implement comprehensive strategic banking reforms in cooperation with the Central Bank of Iraq, aimed at raising banking standards and enhancing the competitiveness of the financial system.”

He explained that “the government has prepared a three-year general budget for the first time, which allows for long-term financial planning, achieving stability in resource management, and enhancing the confidence of local and international investors.”

In the context of diversifying revenues and reducing dependence on oil, he explained that “the government has achieved tangible progress in automating the customs system by implementing the United Nations (ASYCUDA) system, which has led to a clear increase in customs revenues in addition to a significant improvement in tax revenues,” noting that “the government has implemented a program to restructure government banks (Al-Rafidain, Al-Rasheed, Industrial, and Agricultural) in cooperation with international consulting companies, With the aim of raising its efficiency and enhancing its ability to provide modern financial services.

He pointed out that “the government launched programs to expand the use of electronic payment and partnerships with financial technology companies, which contributed to raising the financial inclusion rate to more than 40% after it was less than 10% two years ago, which was praised by the World Bank and the International Monetary Fund,” stressing “the government’s support for small and medium enterprises by providing financing and resources to create new job opportunities and stimulate the local economy.”

Salman stated that “the banking reforms currently being worked on constitute a turning point in the history of Iraq’s economic development, and that the government is determined to support all local and international institutions working to develop the banking sector, as it is a pivotal part of the economic growth and financial stability plan.”

He noted that “the government extended its appreciation to the Central Bank, banks, and international and local advisory teams working in this field”.

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CBI LAUNCHES FULL IMPLEMENTATION OF COMPREHENSIVE BANKING REFORM PROJECT

Advisor to the Iraqi Private Banks League/ Samir Al-Nusairi-

Samir Al-Nusairi, Advisor to the Iraqi Private Banks League, said that the measures and efforts undertaken by the Central Bank of Iraq (CBI), in coordination and consultation with private banks, have yielded tangible results in initiating the implementation of the goals, programs, mechanisms, and standards of the Comprehensive Banking Reform Project.

The initiative, carried out in cooperation with the government and the global consultancy firm Oliver Wyman as part of the CBI’s third strategic plan, aims to build a sound, modern, inclusive, and flexible banking sector capable of supporting rapid national economic growth, increasing the gross domestic product (GDP), and boosting the market value of Iraq’s banking industry.

Al-Nusairi emphasized that economic reform begins with banking reform, noting that Iraq’s economic challenges present opportunities for transformation within the financial and banking sectors. He highlighted that the government’s economic agenda and the Central Bank’s long-term vision both center on strengthening the role of the banking sector in achieving sustainable development, stimulating investment, and revitalizing non-oil productive sectors to diversify national income sources and ensure financial sustainability.

He added that the Central Bank’s ongoing efforts to organize foreign trade financing, complete infrastructure projects to achieve full digital transformation, and expand the use of electronic payment tools are essential to advancing financial inclusion.

According to Al-Nusairi, these initiatives will contribute to reforming, developing, and empowering the private banking sector between 2025 and 2028 through the following priorities:

1- Developing the Iraqi banking system to ensure full compliance with international banking and accounting standards.

2- Building a sound, modern, inclusive, and flexible banking sector.

3- Enhancing public confidence in the domestic banking system while achieving international recognition for transparency, progress, and strict adherence to global standards—thus earning the trust of reputable correspondent banks.

4- Rehabilitating underperforming and restricted banks to restore their full participation in domestic and international financial activities.

5- Redirecting banks toward their core function of financing and lending for development, while expanding financial inclusion and increasing participation rates as planned.

6- Advancing the transition from a cash-based to a digital economy by drawing an estimated 80% of money currently circulating outside the banking system into formal financial channels.

Al-Nusairi noted that although the reform project and the CBI’s strategic framework allocate three years for implementation, the progress achieved between 2023 and June 30, 2025, has already established solid foundations and mechanisms for the intended reforms. He added that these results represent ambitious performance indicators and will form the basis for evaluating and classifying banks according to their success in meeting the reform objectives, based on internationally recognized standards and benchmarks.

(What? Solid foundation for intended reforms? These were the reforms…What did we just experience in the last three years 2023-2025?)

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US REPORT: BANKING REFORMS IN IRAQ USHER IN A NEW ERA OF ECONOMIC GROWTH

  
A report issued by the American auditing and financial consulting firm Oliver Wyman on Friday confirmed that banking reforms in Iraq are ushering in a new era of economic growth.

The company said in its report, which was monitored by the Iraqi News Agency (INA), that “Iraq is entering a new phase of dynamic growth and economic opportunities thanks to comprehensive banking reforms led by the Central Bank of Iraq with government support.”

The report, which was presented at the Ritter Hotel in Washington, DC, indicated that “the banking sector reform program launched in April 2025 represents a fundamental shift towards building a more efficient and sustainable banking sector, capable of stimulating investment, developing the private sector, and strengthening international financial connectivity.”

The detailed presentation was attended by representatives of the US Treasury, the US Federal Reserve, and GP Morgan, as well as several regional and international banks.

Oliver Wyman stated that “the commitment of all Iraqi banks to the reform program starting in September 2025 will allow the Central Bank to evaluate their performance during the period 2026–2028 according to modern global financial, regulatory, and technological standards, enhancing trust and transparency and qualifying them to attract international institutional investors.

” Oliver Wyman expects that “the size of the Iraqi banking sector will reach more than $60 billion by 2035, with returns ranging between 15 and 20%,” considering that “addressing current challenges such as reputation and governance will make the reforms a unique investment opportunity in the Middle East and North Africa region.”

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IRAQ, UNITED STATES US TREASURY ADJUSTS TO WEAKER INTELLIGENCE PICTURE AFTER BANKING CHANGES IN IRAQ

 

The end of Iraq’s old Federal Reserve-linked dollar system did much to combat Iranian financing. But it also removed key financial intelligence streams which the US Treasury were using to identify hostile elements in the country.

The US Treasury is closely monitoring new anti-laundering and terrorist financing procedures in Iraq’s banking sector following a multi-year redesign of its dollar payment system, Intelligence Online understands. 

The Trump government has backed efforts, already underway under the previous administration, to transition Iraq away from its reliance on the New York Federal Reserve towards a correspondent banking model for dollar transactions. But the emerging system, in which international wires are executed via the Brussels-headquartered SWIFT communications system, has left the Treasury with less visibility on financial flows from Baghdad. 

A person with detailed knowledge of the matter said nervousness over the reduced intelligence picture was among reasons why it took the US government so long to shut the old system down. “It was useful to the Treasury because it told them where the money was going”, the former official said. 

UNIQUE ROLE 

In the aftermath of the US invasion of Iraq in 2003, a unique system was created in which the Federal Reserve played a central role processing Iraq-origin dollar payments. The Fed facilitated international wires by sending dollar currency from Iraq’s US-based accounts to overseas bank accounts as per instructions from the Central Bank of Iraq (CBI). In parallel, it also delivered pallets of the currency, earned from Iraq’s vital oil industry, to the CBI to facilitate local dollar usage – the so-called “auction” system.

Biden era-officials including Wally Adeyemo began coordinating the shift away from the system in around 2023, when the US barred more than two dozen banks from accessing dollars. Iraqi officials, told to combat funding for Iran-linked militias in the country, appointed a group of US compliance consultancies to help improve financial risk monitoring at local lenders (IO, 21/10/24). It is the first step in a long-term project to establish correspondent banking partnerships with American institutions.

But sources said the old overseas dollar wiring system, though opaque, provided the Federal Reserve and US Treasury with a more immediate picture of illicit financing streams. Customers wishing to make dollar wires internationally sent specific account information to the CBI, which relayed it to the Fed for execution. The recipient accounts might only be a link in an onward chain but provided Washington with useful information on financing routes. 

Now, in the case of the several Iraqi lenders linked up to US correspondents, the Treasury accesses Iraq-origin dollar transfer records by issuing administrative subpoenas to SWIFT. The intelligence transfers occur rapidly under the aegis of a 2010 EU-US deal on data handling, but are limited to certain categories of wires. Law enforcement also relies on reporting from the US intermediaries.

CAPACITY BUILDING

Those Iraqi lenders now holding correspondent relationships include the state-owned Trade Bank of Iraq and smaller private lender Bank of Baghdad, Intelligence Online understands. Rafidain Bank and First Iraqi Bank are hoping to follow in due course. Separately K2 Integrity, the compliance and investigations consultancy, has also been working with an electronic payments platform, Qi, according to a June press release, which is part-owned by Rafidain Bank and Al-Rasheed Bank.

Last year, the Wall Street Journal reported that US officials had been warning the CBI about abuse of the dollar system since 2012. In one example, the Treasury had tracked dollar requests made to the Fed by three banks – Iraqi Middle East Investment Bank, Al Ansari Islamic Bank and Al Qabidh Islamic Bank – which led to $3.5bn being sent to companies in the UAE linked to Iranian financing. 

The changes come at a crucial time for Iraq, with the US announcing a significant reduction in troops in the country on 30 September, just ahead of parliamentary elections in November. Those in turn will lead to appointment of a prime minister, expected to be the incumbent, Mohammed Shia al-Sudani, who came to power with the help of Tehran-aligned forces in the country but has since proven to be a pragmatist, balancing loyalties towards both Tehran and Washington. 

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AL-SUDANI FLIRTS WITH TRUMP AND WOOS BLAIR: A GREAT FRIEND OF THE IRAQIS

Iraqi Prime Minister Mohammed Shia al-Sudani affirmed his support for US President Donald Trump’s Gaza peace agreement on Monday, while also highlighting Iraq’s rejection of normalization.

Al-Sudani said in an interview with the American network ” CNBC “, translated by Shafaq News Agency, that “the United States confirms, through communication and messages, the strength of relations with Baghdad, which supports the US administration’s efforts for peace in the region, but at the same time, with regard to the possibility of normalization with Israel, it is committed to the laws enacted by the Iraqi Parliament.”

Regarding US President Donald Trump’s plan for a ceasefire in Gaza, he affirmed, “Iraq has declared its support for the agreement reached by President Trump, and we believe he is serious about achieving peace, and that is everyone’s goal.”

He explained that “since the events of October 7, 2023, Iraq’s position has been clear: to stop the war and adopt dialogue as the basis for resolving these disputes and conflicts. However, the Palestinian issue is the core of the problem in the Middle East, and the time has come to find solutions through dialogue and respect for international institutions and treaties.”

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FROM WASHINGTON: A NEW BANKING AND ECONOMIC REFORM PACKAGE FOR IRAQ

The Iraqi delegation participating in the banking reform conference in Washington, D.C., on the sidelines of the International Monetary Fund and World Bank meetings, announced a new package of banking and economic reforms on Saturday aimed at strengthening the stability of the financial system and attracting investment.

“The government has implemented a series of steps as part of the economic and financial reform program, most notably the implementation of comprehensive strategic banking reforms in cooperation with the Central Bank of Iraq and international consulting firms, as well as the preparation of a three-year budget for the first time in Iraq’s history to ensure stable financial planning that attracts investment,” said Saleh Mahoud Salman, an advisor to the Iraqi Prime Minister, according to a statement received by Shafaq News Agency.

He added that “automating the customs system through the implementation of the United Nations ASYCUDA program has led to a significant increase in customs and tax revenues, the restructuring of government banks (Rafidain, Rasheed, Industrial, and Agricultural) and increased their operational efficiency, as well as the expansion of electronic payment systems and increased financial inclusion from less than 10% to more than 40% within two years.”

Salman continued, “Support programs have been launched for small and medium-sized enterprises to create job opportunities and stimulate the local economy,” noting that “these steps represent a pivotal stage in the economic reform process, and that the government will continue to support the development of the banking sector in cooperation with international institutions.”

Prior to this, the Central Bank of Iraq announced new instructions to all authorized banks in the country regarding money transfers and customs clearance procedures related to the requirements for the approval of special commercial invoices, with the aim of curbing currency smuggling. This measure comes as part of the efforts of the Central Bank of Iraq and government agencies to develop the financial and administrative environment and improve the level of oversight and compliance with international standards in foreign trade.

(Hey, what about currency reform? Did  you forget about this? The CBI recently told us this did not forget about it and are committed to doing it.)

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PRIME MINISTER’S ADVISOR: IRAQ IS EXPERIENCING ITS MOST STABLE PERIOD THANKS TO STRONG FOREIGN RESERVES.

The Prime Minister’s advisor for financial affairs, Mazhar Mohammed Salih, issued a clarification on Sunday regarding Iraq’s internal and external debt. While noting that domestic borrowing represents only 18 percent of the total precautionary debt, he confirmed the existence of committees working with international companies to convert a portion of the domestic debt into investment vehicles.

Saleh told the Iraqi News Agency (INA): “There is a blurry picture in interpreting the issue of external debt, as the external debts due until 2028 do not exceed $9 billion, which constitutes mostly half of the country’s total external debt,” indicating that “there are coordinated repayment mechanisms between the Ministry of Finance and the Central Bank, which are highly governed and transparent, and are settled accurately within a strict program and allocations in the federal general budget, and are periodically extinguished with the international creditor community.”

He added, “The total external debt does not exceed what was mentioned above, and the amounts mentioned in the Central Bank’s letter require explanation, as Iraq is not obligated to pay them, especially the $41 billion, as they are subject to the Paris Club agreement of 2004, which wrote off 80% or more of those debts related to the Iran-Iraq war, or what are called pre-1990 debts.”

He continued, “As for the domestic debt referred to in the Central Bank’s letter, it is the result of the accumulation of financial, security, financial and health crises that the Iraqi economy has been exposed to over the past decade and since the war on ISIS terrorism. This has been accompanied in recent years by severe geopolitical factors that have exposed global oil markets to a decline in prices due to the decline in growth in the global economy.” He explained that “the borrowing undertaken by the current government as domestic debt constitutes only 18% of the total precautionary domestic debt included in the federal general budget (the three-year budget) pursuant to Law No. 13 of 2023 for the years 2023-2025.”

He stated that “the internal debt, which amounts to approximately 91 trillion dinars, is mostly held by the government banking system and under high-level financial and technical management,” noting that “there are specialized committees working in cooperation with international consulting companies to convert a large portion of that internal public debt into productive investment tools within a national fund to manage the aforementioned internal debt in a manner that aims to stimulate the real economy and transform debt obligations into investment opportunities in the real sector of the Iraqi economy.” He explained that “Iraq is currently experiencing the most stable period due to the strength of foreign reserves, the function of which is to stabilize the purchasing power of the Iraqi dinar and sustainable development.”

(Oops they said it again, “Iraq is currently experiencing the most stable period”. So where is the Project to Delete the Zeros?)

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BETWEEN REFORM AND DICTATE, THE CENTRAL BANK LEADS BANKS TOWARD A FINANCIAL TRANSFORMATION WITH AN AMERICAN CHARACTER.

The Iraqi banking sector stands on the cusp of a new phase, where ambitions for reform intertwine with the complex reality of external pressures. This follows the release of a report by the American firm Oliver Wyman , which predicts that the size of the Iraqi banking sector will reach $60 billion by 2035.

(Folks I have to say that this is not that much however considering what Iraq has gone through, its population and size of their country, it is a hopeful sign that this can double in the near future and most likely will.)

Although this figure may seem ambitious, it reflects the magnitude of the stakes in the Central Bank of Iraq’s ability to lead a genuine banking transformation that restores confidence in the financial system. However, it also raises questions about the nature of this reform, and whether it is internally generated or externally imposed.

In this context, economic expert Abdul Hussein Al-Shammari told Al-Alam Al-Jadeed that Oliver Wyman’s forecasts seem reasonable given the accumulation of assets in Iraqi banks, but they do not necessarily mean real reform.

Al-Shammari explains that “the largest Iraqi banks have assets exceeding $40 billion, so reaching $60 billion is not surprising, but they have accumulated over two decades through massive government capital movements, not through productive banking activity.” He adds that “the Iraqi banking sector is witnessing what can be described as forced development, not as a result of local reforms, but rather as a result of direct ties to the American financial system.”

Oliver Wyman’s report expressed a highly optimistic tone, confirming that Iraq “is entering a new phase of growth thanks to comprehensive banking reforms led by the Central Bank with government support,” predicting that “the banking sector will reach more than $60 billion by 2035, with returns ranging between 15 and 20 percent.”

It’s worth noting that the Central Bank of Iraq announced last April a collaboration with Oliver Wyman to modernize the banking sector, achieve attractive and sustainable returns for shareholders, enhance the protection of depositors and creditors, expand the financial infrastructure, including an increased network of branches and ATMs, and simplify and assess compliance with anti-money laundering and counter-terrorism financing measures through a digital identity system.

On August 12, the bank’s governor, Ali Al-Alaq, discussed with the company the details of the banking reform plan submitted by the Iraqi Private Banks Association, as part of efforts to develop the banking sector and align it with international standards.

After decades of reliance on oil transfers and the accumulation of liquidity in government banks, the Iraqi sector remains vulnerable to any shift in US monetary policy, as nearly all transfers pass through the US federal system before being repatriated. 

Although the Central Bank of Iraq speaks of a “comprehensive reform” plan, experts believe it was a response to US demands related to combating money laundering and controlling transfers, rather than a comprehensive national vision for developing the financial sector. This suggests that external pressures were the primary motivation for changing the banking structure, rather than competition or innovation related to developing the sector. 

For his part, Alaa Al-Fahd, a member of the Central Bank of Iraq’s media team, confirmed to Al-Alam Al-Jadeed that “all banks have entered into the reform plan and expressed their willingness to change their plans and strategies, move from family ownership to investment partnerships, and implement the plan’s provisions, which include a shift towards a credit-based banking environment that encourages financial inclusion, combats money laundering, and adheres to international standards, as well as the implementation of modern electronic financial banking programs.” 

Al-Fahd expects the plan to achieve its intended objectives, as banks have expressed their full readiness to implement the provisions comprehensively, including forming partnerships between local banks and external and foreign investors. 

This transformation is part of the government’s program, the twelfth axis of which includes a clear clause on “financial and banking reform,” which aims to transform banks from deposit and withdrawal instruments into effective financing and investment institutions.

The first phase of the project began with the major government banks, Rafidain and Rashid, as models for structural and administrative transformation within the financial sector.

The plan also sets a central goal of “transforming from sole proprietorship to shared governance,” reducing the influence of commercial families that have controlled private banks for decades. This is expected to open the door to foreign capital and Arab investors entering the Iraqi market in the coming years.

For his part, economic expert Ahmed Abdel Rabbo told Al-Alam Al-Jadeed that “Oliver Wyman’s latest report is optimistic and reflects the seriousness of the Central Bank of Iraq in moving forward with reforming the financial system,” noting that “the next phase requires practical measures to support this approach.”

Abdul Rabbah adds, “The gradual lifting of sanctions on banks that have not been proven to be involved in money laundering operations will contribute to advancing financial reform and preparing the banking system for a new phase of stability and openness.”

These calls come amid a difficult reality, as more than 30 Iraqi banks are subject to US sanctions or restrictions due to suspicions of dollar smuggling and financing illicit activities.

Although some of these sanctions were described as “precautionary” or “temporary,” they undermined market confidence and forced Iraqi banks to rely on dealing in local or alternative currencies, reducing their external activity and impacting the flow of hard currency.

Reports indicate that most Iraqi banks still rely on government deposits and employee salaries, while lending to the private sector does not exceed 15 percent of total liquidity.

Moreover, citizens’ weak banking culture and lack of financial awareness limit the expansion of digital banking services, despite the Central Bank’s attempts to introduce financial inclusion and digital transformation programs.

Experts believe that international reports, despite their importance, do not always reflect the complex reality of the Iraqi market, where politics and finance intertwine, and banking procedures are often subject to the balance of power between Washington and Tehran rather than purely economic calculations.

According to experts, Iraqi banks’ commitment to the new reform plan will have a positive impact on the overall economic situation. Some banks have liquidity exceeding $10 billion but have yet to activate it, pending the completion of Oliver Wyman’s audits and the final confirmation of their legal and financial status.

Experts point out that releasing these funds will help stimulate investment and lending within the local market and restore confidence in the banking sector, which has been freezing a significant portion of its funds for fear of falling under sanctions or financial suspicion.

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THE PRIME MINISTER ANNOUNCES NEW MEASURES TO SUPPORT THE PRIVATE SECTOR.

(So many words to basically boast about Baghdad International Hospital, which is being implemented by the Qatari Investment Holding Company. Also the implementation of a health insurance law, and a pitch for the Development Road Project once again.)  

Prime Minister Mohammed Shia al-Sudani announced on Sunday measures to support the private sector and create an attractive investment environment.

The Prime Minister’s Media Office said in a statement, “Prime Minister Mohammed Shia al-Sudani launched the implementation works of the Baghdad International Hospital, which is being implemented by the Qatari Investment Holding Company, today, Sunday.”

Al-Sudani, according to the statement, expressed his welcome to the brothers from the State of Qatar as they implement a large medical facility in Baghdad, which, along with previous projects, represents an image of cooperation between the two brotherly countries, recalling the visit of the Emir of the State of Qatar, Sheikh Tamim bin Hamad Al Thani, to Baghdad, during which he announced a package of projects with a financial ceiling ranging from (5-7) billion dollars in various fields.

The Prime Minister pointed out that “we are working resolutely to create an attractive investment environment by reducing red tape and addressing previous laws that hinder foreign investment, in addition to a package of government decisions and legislation.”

Al-Sudani praised “the efforts of the medical, administrative, and technical staff at the Ministry of Health, the National Investment Commission, and the Baghdad Municipality in completing the requirements for granting the investment license and signing the contract,” stressing that “this project will receive support, follow-up, and the necessary facilities from various relevant parties to implement it according to what was planned and designed and within the specified timeframes.”

Al-Sudani said, “We have opened the doors to distinguished companies with successful experiences, which we have found in the Qatar Investment Holding Company.” He emphasized, “Our government has taken measures to support the private sector and create an attractive environment for investments exceeding $102 billion.”
He continued, “Despite the region’s unnatural circumstances, the direction was clear toward investment in Iraq,” indicating, “We have a wealth of investment opportunities in various sectors, and they will be available to businessmen, investors, and companies.”

He pointed out that “the Development Road project represents another aspect of the investment opportunities being prepared by international consulting firms,” ​​noting that “the health sector is among the government’s top priorities, which has achieved a qualitative shift in this sector through the implementation of the Health Insurance Law.”
He stated, “We have launched work on the pharmaceutical industrial city in partnership with American and British companies,” stressing, “We have worked on several tracks to advance the health sector in Baghdad, in terms of infrastructure and completing stalled projects.”

He continued, “We are moving towards establishing new hospitals with varying bed capacities in the districts, and establishing and rehabilitating specialized centers in Baghdad and the governorates.” He noted that “we have a package of facilities and guarantees for drug producers to advance the local pharmaceutical industry, which has witnessed an unprecedented leap over the past two years.”

He continued, “We have taken effective steps to implement the health insurance law, which covers 2.3 million citizens,” noting that “we have adopted a joint management and operation approach with reputable and well-known medical institutions to improve the quality of health, medical, and treatment services for citizens.”

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IRAQ BOOSTS ITS GOLD RESERVES TO 162.5 TONS

Iraq continues to boost its gold reserves, with stored quantities increasing from 100 tons to 162.5 tons in recent years, according to an economic expert.

Expert Abdul Rahman Al-Mashhadani explained in a statement to Al-Furat News that: “Iraq continues to purchase gold to bolster its national reserves, although the quantities acquired remain limited compared to the ambitious plans to enhance financial stability.”

He pointed out that “increasing gold reserves represents an important step towards strengthening the national economy and supporting financial liquidity, as well as being a strategic safety factor in the face of global market volatility.”

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AL-GHARIRI: IRAQ’S NEGOTIATIONS TO JOIN THE WORLD TRADE ORGANIZATION ARE ONGOING.

 
Minister of Trade Athir Dawood Al-Ghurairi confirmed on Monday that Iraq’s negotiations to join the World Trade Organization are ongoing, while pointing out that regional cooperation and integration are the way to achieve peace, stability and sustainable development.

A statement by the Ministry of Trade received by the Iraqi News Agency (INA) stated that “Minister of Trade Athir Dawood Al-Ghurairi participated in the 16th session of the United Nations Conference on Trade and Development (UNCTAD), held in Geneva with the wide participation of representatives of countries and international and regional organizations.”

The minister stressed, according to the statement, that “collective action and regional integration represent a fundamental pillar for building a more stable and equitable economic system in light of the transformations and challenges witnessed by the world,” stressing that “open regional agreements can support the multilateral trading system and promote sustainable development.”

Al-Ghurairi indicated that “Iraq, which continues its negotiations to join the World Trade Organization, sees regional initiatives as an opportunity to enhance its institutional readiness and align its legislative and investment frameworks, enabling it to effectively integrate into the global economy.”

He explained that “regional integration represents a pillar for development and reconstruction, and that cooperation in the areas of infrastructure, simplifying customs procedures, encouraging investment, energy, agriculture, and services contributes to enhancing competitiveness and diversifying the national economy.”
At the end of his speech, the Minister praised UNCTAD’s significant role in supporting Iraq during its accession to the World Trade Organization, stressing that “regional cooperation and integration are the path to achieving peace, stability, and sustainable development.” 

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WASHINGTON SANCTIONS EXPOSE IRAQ’S SHADOW ECONOMY

In Iraq’s shadow economy, even compliance has become a racket.

 

Iranian rials, US dollars and Iraqi dinars are seen at a currency exchange shop in Basra, Iraq.

Just five days after I warned in my article, “The Dark Side of Iraq’s Economic Boom,” that Baghdad’s skyline was rising on a foundation of dirty money, Washington confirmed it. Before the announcement, a senior US official had told me privately: “The networks behind these projects are already on our radar, and the administration is prepared to act.” I knew what was coming. That private conversation made one thing clear:

enforcement was not a question of if, but when. Days later, it happened. On October 9, the US Treasury imposed sweeping sanctions on Iraq’s militia-linked business networks, exposing a financial web long hiding in plain sight. These sanctions did not just target individuals; they revealed an entire economic architecture built on militia finance, sanctioned capital and a shadow economy now embedded within the Iraqi state.

Over the past year, Iraq has presented the world with the image of renewal, a skyline rising, cranes crowding Baghdad’s horizon, and foreign investors testing the waters of a once-closed market. But beneath that narrative runs a different reality: an economy dominated by political patrons, militia financiers and networks tied to Iran’s Revolutionary Guard. Washington’s latest move exposes that reality and places Iraq squarely at the centre of a larger contest, the financial front in Washington’s campaign to dismantle Tehran’s proxy networks.

Iraq is no longer merely influenced by militias, it is being run like one. A silent merger has taken place between the state and its shadows, where ministries award contracts to frontmen and banks launder millions for Iran’s most dangerous proxies.  Entire sectors, from construction to commerce, fuel the militia economy.  The US Treasury’s latest sanctions offer a rare X-ray: an economy rewired for corruption, powered by militia capital and cloaked in the language of reconstruction. What began as insurgency has become infrastructure.

Iran’s proxies have learned that cement and steel can do what rockets never could: embed themselves within the machinery of the Iraqi state. And their reach does not stop at government contracts or construction sites. It stretches into hotels, restaurants, cafés, fast food outlets, fashion outlets, retail businesses and Western franchises, businesses that appear ordinary, but often serve as fronts for laundering money, building influence, and normalizing control.

According to the Treasury statement: “The Iranian regime relies on various Iraqi militia proxies, including US-sanctioned foreign terrorist organization Katai’b Hezbollah, to penetrate Iraq’s security forces and economy.

“These Iran-backed groups are not only responsible for the deaths of US personnel but also conduct attacks against US interests and those of our allies across the Middle East.

“The militias actively undermine the Iraqi economy, monopolizing resources through graft and corruption, and hinder the formation of a functioning Iraqi government that would make the region safer.”

The Treasury identified specific commanders accused of intelligence gathering for Iran, including Hasan Qahtan Al-Sa’idi and his son Muhammad Qahtan Al-Sa’idi, as well as Haytham Sabih Sa’id: “Commanders from Kataib Hezbollah and the IRGC coordinated operations targeting US interests in Iraq earlier this year.”

Deputy State Department spokesman Tommy Pigott summed up the sanctions rationale on X (Twitter): “The United States is pursuing maximum pressure on Iran. We are targeting the IRGC-Qods Force, which supports Iran’s regional terrorist partners and proxies, and two Iraq-based groups, Katai’b Hezbollah and Asaib Ahl al-Haq. These militias actively undermine Iraq’s sovereignty, weaken Iraq’s economy, and conduct attacks against US personnel and interests across the Middle East.”

In a related post, Congressman Joe Wilson urged further sanctions: “Iraq must be freed from Iran’s grip.”

Treasury’s October 9 designations now also provide documentary proof of that pattern. Muhandis General Company’s “undisclosed real-estate projects,” cited in the sanctions release, mirror the very examples outlined in my earlier reporting, projects that international hotel groups quietly rejected over reputational concerns.

Among those named in Washington’s latest round were Katai’b Hezbollah’s commercial arm, Muhandis General Company, and its agricultural front, Baladna Investments, both accused of diverting Iraqi government contracts, laundering funds and supporting weapons smuggling under the guise of reconstruction. The Treasury also sanctioned Aqeel Meften, head of Iraq’s National Olympic Committee and his brother Ali Meften, for using a commercial bank to move money for the IRGC’s Quds Force.

“For decades, the Meften brothers have laundered tens of millions of dollars for Iran, and smuggled oil and drugs and abused Aqeel Meften’s position as president of Iraq’s National Olympic Committee to engage in corruption.” the Treasury Department said.

In addition to the Meften brothers, the Treasury also sanctioned Iraqi banker Ali Mohammed Ghulam Hussein Al Anssari, better known as Ali Ghulam, a pivotal player in the financial architecture supporting Iran’s militia proxies in Iraq.

As a top executive at several Iraqi commercial banks, Ali Ghulam has leveraged his positions to enrich his family and provide direct financial services to the IRGC-Quds Force, Katai’b Hezbollah, and Asa’ib Ahl al-Haq. He managed Katai’b Hezbollah’s complex financial operations, including the strategic investment of the group’s wealth abroad, effectively safeguarding millions in illicit profits. Ali Ghulam also orchestrated sophisticated money-laundering schemes involving counterfeit documents, fake receipts and the use of unauthorized US dollars, evading Iraqi regulatory oversight. Despite these activities, he has avoided accountability in Iraq through systematic bribery of judicial officials.

These new actions build on the 2024 sanctioning of Hamad al-Moussawi, and his Al-Huda Bank, identified by the US Treasury as a primary money-laundering hub for the IRGC in Iraq. Their blacklisting foreshadowed this broader crackdown. Together, the Meften, Ghulam, and Moussawi networks form the architecture of Iraq’s militia finance.

In language unusually blunt for a Treasury release, US officials described these militias as “responsible for the deaths of US personnel” and accused them of “monopolizing resources through graft and corruption.” The message was clear: Iraq’s supposed economic revival, its towers, malls and banks, was being built atop a structure of illicit finance.

The economic web that funds Tehran’s proxies has become indistinguishable from Iraq’s formal economy. What began as covert financing has now been institutionalized. Iran’s proxies no longer operate at the margins of Iraq’s economy, they are woven into its machinery. Contracts are awarded through ministries; funds are laundered through licensed banks and influence is legitimized through official titles. The very systems meant to regulate commerce and governance have been absorbed into the same networks they were built to restrain.

Regional intelligence assessments also point to the other side of the equation: goods moving the opposite direction. A substantial portion of Iraq’s imports, smartphones, electronics, car parts, heavy machinery, even luxury appliances, are rerouted across the border into Iran. These transfers allow Iranian entities to obtain US- or EU-restricted goods indirectly while militias inside Iraq profit from the arbitrage.

Key point: “It’s not just money-laundering anymore,” said a regional security official. “It’s a full-spectrum sanctions-evasion economy.”

• Restricted banks

Since 2023, Central Bank of Iraq regulators, under US pressure, have steadily moved to blacklist and restrict dozens of domestic banks and financial companies from dealing in US dollars, citing suspected money-laundering and terror-finance violations. What began as a handful of institutions has become a downward slide.

While some smaller institutions folded or faded quietly under restriction, others tried to weather the storm, including some of Iraq’s most prominent banks. But not all restricted banks appear on the Central Bank’s public lists and their absence does not mean they are untouched. In a private conversation, the owner of a major Iraqi bank confirmed:
“International Development Bank is restricted by the federal, but the Central Bank didn’t name it on its website.”

This quiet admission reveals a deeper pattern: silent blacklisting. Banks are being cut off from US dollar access behind closed doors, without official record, without public explanation, and without legal transparency. In Iraq’s shadow economy, even enforcement is negotiated.

Once considered one of Iraq’s largest and best-connected private banks, the International Development Bank (IDB) was not immune. Despite its infrastructure, manpower and market presence, the bank has come under serious scrutiny.

According to an Iraqi security source, the Central Bank has been pressuring IDB chairman Ziad Khalaf Abed Kareem to relinquish his majority stake in the bank. What makes the situation more sensitive, the source added, is that intelligence suggests the true beneficial owner may be Ziad’s maternal uncle, a figure based in Iran, with long-standing financial and political networks.

“The structure raises red flags on multiple levels,” the security source said. “There’s a growing belief that Ziad is not the one really in control, and that makes the bank a serious exposure risk.” Among the very few Iraqi-owned banks still operating outside formal US restrictions, the Iraqi Islamic Bank for Investment and Development—owned on paper by Ahmad Walid Ahmad, better known as “Ahmad Abu al-Fawz”—has become a lightning rod. “He was an employee making three thousand dollars a month, and suddenly he’s buying more than fifty percent of a bank. Let him show where the wealth came from,” said one rival restricted bank owner, adding that “that guy should be with the rest—no one better than the others.” The remark reflects both resentment and rivalry within Iraq’s banking elite, many of whom see little difference between those sanctioned and those spared. Ahmad Walid Ahmad (Abu al-Fawz) did not respond to requests for comment.

And when a bank is formally blacklisted or restricted for laundering and illicit activity tied to Iran, that designation is effectively an end. No serious counterparty or international institution will risk touching it. The label itself destroys credibility. But in Iraq’s opaque financial ecosystem, credibility is not required to survive, only connections are.

And in that space, the illusion of reform thrives. Under pressure from Baghdad and Washington, restricted banks have discovered a new survival tactic: appearances. They do not change how they operate; they change how they look.

Where there is desperation, there is always someone ready to sell a solution—especially when no solution is required.

For some of Iraq’s most exposed banks, sanctions didn’t just bring scrutiny—they opened the door to a new kind of exploitation. Since the 2023 US dollar sanctions intensified scrutiny on Iraq’s restricted banks, a troubling trend has emerged among some US and international firms hired by these institutions. Many entered into contracts, took substantial upfront payments, and then simply failed to do any actual work.

A notable example is Washington DC-based lobbying firm BGR Group, hired by Elaf Islamic Bank. After receiving payment, BGR abruptly cancelled the contract without delivering any services, or even engaging with the US government as intended, and never returned the funds. What is more, BGR never registered under the Foreign Agents Registration Act (FARA), which would have been a legal requirement for any legitimate lobbying on behalf of a foreign bank.

The original contract was supposedly to help Elaf Bank navigate regulatory issues with the US government. But without FARA registration, it is highly unlikely BGR did anything beyond cashing the cheque. This case reveals a disturbing pattern of firms exploiting the sanctions-driven rush for quick money, signing contracts they never intended to fulfil, while avoiding transparency and accountability.

Sanctions turned vulnerable banks into easy prey, and firms lined up to cash in.

A senior Central Bank official told me: “Since the 2023 US dollar sanctions on banks, we’ve seen many firms like BGR Group, as well as lawyers and law firms, take payments from banks and disappear without delivering anything. We’ve had to warn the whole banking sector to beware of this scheme.”

The quote captures more than one firm’s failure, it reflects a wider game.

In Iraq’s shadow economy, even compliance has become a racket.

• Cosmetic compliance 

If Iraq’s restricted banks have learned one lesson, it is this: perception buys time.

When sanctions bite and dollar access dries up, they do not reform, they rebrand. Modern, compliant, internationally-aligned, on paper. The shift is from concealment to cosmetics: auditors, consultants, lawyers and lobbyists are brought in to build a paper trail of reform, not a real one.

In a rush to salvage credibility, restricted banks turned to an expanding market of consultants, auditors, and lobbyists offering quick reputational makeovers. Some promised access in Washington, others offered glossy compliance programs—but the results were often the same: little substance, high fees, and no real change. What emerged wasn’t reform, but the commodification of its appearance.

The Union Bank of Iraq, chaired by Ali Muften, offers a case in point. Just months before the US Treasury’s October 9 action, the bank announced a high-profile partnership with BDO Iraq, the local affiliate of the global accounting and advisory network BDO International, promoting the move as a milestone in compliance and transparency. But US officials call such “cosmetic compliance”, part of a wider strategy by restricted banks to hire international auditors, compliance consultants and public-relations advisers in an attempt to burnish their reputations.

The strategy is straightforward: dress up risk as reform. The message to regulators and foreign partners is that Iraq’s banks are modernizing, professionalizing and aligning with global standards. The reality, however, is that even if ownership changes on paper the same men still control the boards, the loans and the flows of money, they have simply learned how to frame it for Western eyes.

US officials are not fooled. One senior Treasury official told me: “You can hire auditors, swap boards, or repaint the façade, but once a bank is on Washington’s radar, it’s treated like a crime scene: cordoned off, evidence catalogued and there is no coming back.”

Washington the official added “could care less what’s on paper.” What matters is who directs the deals and controls the flow of money, and on that score, the Treasury’s intelligence is exhaustive. That sentence captures the underlying flaw of Iraq’s financial “reforms”: the façades evolve, but the fate is sealed. The US government knows exactly who controls these banks and where the money truly flows. Behind every reshuffled board and repainted branch lies the same network of beneficiaries.

The illusion of reform has evolved beyond paperwork, Iraq’s banks have entered a new phase of image-laundering, one that swaps not just auditors but identities. When the façade of compliance is not enough, they begin to reconstruct the institutions themselves, replacing visible figures while the real power remains hidden.

Al-Janoob Islamic Bank and Ashur International Bank illustrate a different kind of laundering, not of money, but of image. Both institutions have been restricted from dealing in US dollars,  they have resorted to a subtler strategy: repackaging themselves through new faces.

At Al-Janoob Islamic Bank, the chairman, Dr Mazin Ahmed, previously served as Director General of the Investment and Foreign Remittances Directorate at the Central Bank of Iraq (CBI), a role that gave him oversight of the very mechanisms now accused of enabling dollar smuggling and sanctions evasion. Before that, he also sat on the Board of Directors of the Arab Monetary Fund in Abu Dhabi.

At Ashur International Bank, Mohammed al-Delaimy, now CEO, built his career through senior positions at Standard Chartered, Byblos Bank, and as President of the Trade Bank of Iraq, one of the country’s most politically sensitive institutions. In both cases, these are not random appointments, they are calculated moves. Each man brings the aura of respectability, the language of compliance and the illusion of reform.

It is a pattern increasingly visible across Iraq’s blacklisted and restricted banks: when the system comes under pressure, they do not change the practices, they change the people. They bring in frontmen with polished résumés and Western credentials, betting that titles and LinkedIn profiles can buy what sanctions have taken away: credibility.

In the case of Al-Janoob Islamic Bank, ownership traces back to Ali Zaidi, a businessman best known for securing multimillion-dollar government contracts. Likewise, Ashur International Bank is controlled by Wadih Nouri al-Hanzal and his family. As the head of Iraq’s Private Banks League, al-Hanzal holds significant interests across multiple companies, consolidating considerable economic influence. The concentration of financial authority within these powerful familial dynasties underscores a broader pattern of corruption and collusion that the US government has flagged as a serious threat to Iraq’s economic stability. Both Al-Janoob Islamic Bank and Ashur International Bank are controlled by figures deeply linked to the Popular Mobilization Forces (PMF).

Both Zaidi and al-Hanzal have sought to shield their interests by bringing in public-facing executives with regulatory credibility. But according to an Iraqi security source, it is the owners themselves who have now disappeared, at least on paper. “They haven’t sold. They’ve reshuffled,” the source said. “When pressure mounts, they rotate shares, rename directors and bury control behind layers of straw men. The ownership never really changes,  it just hides.”In both cases, these appointments are not reform, they are defence. The men serve as high-profile frontmen, brought in to polish reputations rather than cleanse systems. Each lends credibility without consequence.

Across Baghdad’s banking sector, this pattern has become familiar. When scrutiny intensifies, boards reshuffle. Former regulators or Western-trained executives are brought in to signal reform. Compliance departments expand, not to enforce oversight, but to perform it.

Public-relations firms draft English-language statements about “international best practices,” while the institutions quietly maintain the same opaque ownership structures and patronage networks that triggered restrictions in the first place. Al-Janoob, Ashur and Union Bank represent three faces of the same strategy: the laundering of image, not income. Each hi

res credibility the way others hire security, to protect the institution from consequence.

As one US official told me, “With the October 9th designations They’re learning that you can’t audit your way out of sanctions. The façade has become part of the evidence.”

• Washington’s Turn

Under Secretary of the Treasury for Terrorism and Financial Intelligence John Hurley framed the October 9 sanctions as a defense of US national security: “Cutting off their financial flows is essential to protecting American lives.”

But the move signals something larger than a counter-terrorism measure. It’s the most significant US attempt to disrupt the broader financial ecosystem sustaining Iraq’s PMF,  not just their armed wings, but the commercial networks behind them. A senior US official involved in the sanctions process put it bluntly: “We’ve never been fooled by the cosmetic compliance moves. They can hire auditors, rebrand, bring in consultants, but it’s the same dirty money flowing through the same illicit networks. Nothing Changes”.

That now reflects the Treasury’s evolving view: the problem is not just corrupt banks, but the entire system that launders and legitimizes militia wealth.

From fuel contracts and construction deals to real estate developments and import businesses, much of Iraq’s formal economy is fused with informal power structures. Every tower, every mall, every logistics contract potentially runs through militia-linked capital.

Hurley later clarified the broader strategy: Treasury’s aim is to dismantle the financial architecture enabling these groups to operate with impunity. Future sanctions, officials say, will likely target the so-called “clean hands”, the bankers, contractors, business partners and intermediaries who provide the legal and financial cover for illicit networks.

What is emerging is a new phase in US financial warfare, not just chasing bad actors, but unravelling the systems that allow them to appear legitimate. For Iraq, that means a reckoning with the uncomfortable reality that shadow networks no longer live in the margins; they have moved into the center of the economy. And unless that center is challenged, any firewall between licit and illicit capital will remain dangerously thin.

Iraq’s government continues to present reconstruction as a national priority. But the Treasury’s latest designations expose the price of building without transparency. Every tower financed through front companies, every contract funneled to PMF affiliates, and every bank shielding sanctioned money is now a potential liability under US law.

With its latest designations, Washington is no longer distinguishing between rogue militias and the state structures that enable them. By sanctioning figures like Aqeel Meften, a senior sports official with quasi-governmental status, and companies like Muhandis General that operate through official channels and government contracts, the US is now signaling that state-linked entities are fair game. This marks a significant escalation: the shadow economy is no longer treated as existing alongside the Iraqi state,  but operating from within it.

For Washington, the message is clear: legitimacy cannot be laundered. And this is just the beginning. More sanctions and designations are expected to come, toppling these networks one by one.

For Iraq, this could mark the start of a new chapter, one where the economy begins to free itself from the shadows of illicit influence.

And for Baghdad’s power brokers, it is a warning, the cranes may still be moving, but the ground beneath them is beginning to shift. Judgment day is coming.

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IRAQ’S INTERNAL DEBT IN NUMBERS: FROM CURRENCY PRINTING TO THE THREE-YEAR BUDGET

Since 2003, Iraq has been trapped in a vicious financial cycle, plagued by recurring crises and changing governments. However, the only constant is resorting to domestic debt as a temporary savior during each financial crisis or oil price downturn. Whenever revenues dwindle, the state resorts to financing through banks or the Central Bank to cover the deficit, secure salaries, and continue spending, without generating new resources or restructuring the economy.

This policy, which began as an exceptional option, has evolved over the years into a permanent approach, with domestic debt becoming part of the state’s financial structure rather than a temporary solution.

From the war on ISIS to the COVID-19 pandemic, to the massive budgets under the government of Mohammed Shia al-Sudani, domestic debt has increased dramatically, increasing the fragility of the economy. The debt has become a direct reflection of the absence of institutional reform and the weak coordination between fiscal and monetary policy.

Economic expert Nabil Jabbar Al-Tamimi, in a clarification posted on his official Facebook page and followed by Baghdad Today, believes that Iraq’s domestic debt has, over the past two decades, been a financial emergency tool used by successive governments in every crisis, given the absence of sustainable economic alternatives. He points out that the government typically borrows from three main sources: private banks through bonds or limited facilities, national bonds directed to the public, and treasury transfers provided by the Central Bank through liquidity injections or money printing.

Al-Tamimi identifies three stages in which domestic debt rose significantly:

War on ISIS (2014–2017)

During this period, domestic debt jumped from approximately 5 trillion dinars in 2013 to 48 trillion dinars in 2017, before gradually declining to 38 trillion dinars in 2019.
According to Al-Tamimi, this was due to the state’s need to secure liquidity following the collapse in oil prices and the costs of war. The central bank was the primary financier, printing money to cover massive operational and military expenses.
This financing facilitated the state’s continuity, but it triggered the first real wave of inflation since 2003 and reopened the debate about the limits of the central bank’s independence.

COVID-19 pandemic (2020–2022)

With the outbreak of the pandemic and the decline in demand for oil, domestic debt rose again, from 38 to 70 trillion dinars.
Analysis of this period shows that the monetary policies adopted by the government—including adjusting the exchange rate and financing expenditures through domestic debt instruments—provided a temporary respite, but they also increased the cost of living and weakened confidence in monetary policy.
Debt here became not only a means of financing, but also a reflection of the fragility of the financial structure, which relies on oil as the basis for its survival.

Al-Sudani’s government and the three-year budget (2023–2025)

Al-Tamimi believes that domestic debt increased during Al-Sudani’s government from 70 to approximately 91 trillion dinars, a result of financing the deficit in the largest budget in Iraq’s history.

Data show that the bulk of the debt came from the Central Bank, while borrowing from private banks and national bonds constituted a small percentage.
This financial expansion, despite rising oil prices, reveals the continued reliance on domestic debt to cover operating expenses rather than stimulate productive sectors, making debt an economically unproductive tool.

According to Al-Tamimi’s analysis, the discrepancy between the policies of the Central Bank and the government reflects a lack of institutional coordination. The former seeks to curb inflation by controlling liquidity, while the latter continues to borrow to secure its monthly obligations.

This contradiction has transformed domestic debt from a means of financial balance into a source of economic pressure that threatens long-term monetary stability.

Most domestic debt is not investment debt that can reproduce wealth or create jobs. Rather, it represents short-term operational obligations that “pain the pain, not cure the disease,” as economists describe it.

Without genuine institutional reform, domestic debt will remain a closed loop between the treasury and the central bank, expanding with each crisis and temporarily extinguished with each rise in oil prices.

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TRUMP APPOINTS MARK SAVAYA AS SPECIAL ENVOY TO IRAQ

US President Donald Trump announced on Sunday the appointment of Mark Savaya as his special envoy to Iraq. “I am pleased to announce that Mark Savaya will serve as Special Envoy to the Republic of Iraq,” Trump wrote on Truth Social.

The US President said, “Mark’s deep understanding of the relationship between Iraq and the United States and his extensive connections in the region will contribute to advancing the interests of the American people.”

Mark Savaya is a prominent American businessman and pioneer in the cannabis (marijuana) industry in Michigan. He is 40 years old and is known as the founder and CEO of Leaf and Bud, one of the fastest-growing cannabis companies in the state.

Mark Savaya was born to an Iraqi Chaldean family who emigrated from Iraq in the 1990s to escape unrest and settled in the Detroit, Michigan area. This area is known for being home to the largest Chaldean community outside of Iraq.

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ZEBARI: APPOINTING SAVAYA IS A BOLD STEP TOWARD RESTORING IRAQ’S SOVEREIGNTY FROM MILITIA RULE.

Kurdistan Democratic Party (KDP) leader Hoshyar Zebari said on Monday that US President Donald Trump’s appointment of Mark Savaya as his special representative to Iraq is an admission that the situation in the country is “abnormal.”

US President Donald Trump announced yesterday, Sunday, the appointment of Mark Savaya as Special Envoy to Iraq, writing on the Truth Social platform: “I am pleased to announce that Mark Savaya will serve as Special Envoy to the Republic of Iraq.”

Trump added, “Mark’s deep understanding of the relationship between Iraq and the United States and his extensive connections in the region will advance the interests of the American people.”

Zebari said in a post on the X platform that “Trump’s appointment of Mark Savaya, a Chaldean Christian American of Iraqi origin, as his special representative to Iraq is an admission that the situation in Iraq is abnormal.” He stressed that this requires “measures and decisions outside the usual diplomatic and official frameworks to correct and rectify the turbulent and chaotic situation,” expressing his wishes for “Mark’s success in his mission.”

In a subsequent tweet in English, Zebari described the appointment as “good news and a bold decision to restore Iraqi sovereignty and independence, free from corruption, mismanagement of resources, and militia rule.”

For his part, Mark Savaya, US President Donald Trump’s special envoy, expressed his gratitude and pride at his appointment, stressing that he was humbled by this responsibility.

“I am committed to strengthening the partnership between the United States and Iraq under the leadership and guidance of President Trump,” Savaya tweeted.

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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

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

October 16, 2025 Mnt Goat News Brief

Guten Tag everyone:

You don’t want to miss today’s Newsletter. Today I am going to tie many recent articles together for you to demonstrate the direction Iraq is taking with the Project to Delete the Zeros.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below. Please show your appreciation for all the hard work I do.

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

So, if you haven’t already shown your appreciation for October please reconsider.

 Let’s all try to chip in!

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Matthew 7:7

“Ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you.”

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STATUS OF THE RV

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

We don’t need rumors or bank stories. We don’t need three letter agency lies. We have FACTS and TRUTH on our side and will let them speak for themselves.

You don’t want to miss today’s Newsletter. Today I am going to tie many recent articles together for you to demonstrate the direction Iraq is taking with the Project to Delete the Zeros. If you read it and don’t understand then read it again and again. You want to absorb all of it.

Yes, tick, tock, tick, tock as the Iraqi banking system suffers from a lack of liquidity, especially now it has come to a critical period. The Central Bank of Iraq (CBI) is now being forced to find ways to get these stashes of currency, hoards of paper notes out of the household and into the banks. The CBI has been very successful in getting the citizens into electronic banking. Nearly 60% of the population (those that can hold debit cards) now have done so. This has been a decade long struggle. The economy is stable and the country is secure. Inflation rates are lowest now for over three years. The CBI has recently told us they have decided to move ahead and delete the zeros.

As usual, I tell all my readers not to go off half-cocked. I will believe it when I see it. Just remember the past times when the CBI told us they were moving ahead and later didn’t. We must keep this in our prayers not just for selfish reasons but for the people of Iraq who suffered the most. Pray, pray and pray some more. God is answering our prayers.  

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Do you remember this article from March of 2012?

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So, the recent news this week was two articles on this subject of removing the zeros from the currency. One article was from the CBI itself and its committee. Yesterday in my weekly call to Iraq I asked my contact about this article. She told me that the article I posted in my 10/14 Newsletter was one of the committee’s articles she promised me would be coming out shortly. At that time, she also told me more articles are to come to direct the citizens on how to turn-in their notes, once the final decision has been made.

😊Here is today’s article titled “REMOVING ZEROS: 170 TONS OF GOLD AND ONE DECISION ON THE TABLE… WILL THE IRAQI DINAR SURVIVE EROSION?”

According to the article the “final” decision has been made by the CBI to conduct the project but the “decision is on the table” because they will need the government of Iraq (GOI) to go along with it. Yes, the CBI in theory works independently but we all know from the past that they also intend to consult with the GOI on this matter and put a referendum in place on how to handle this measure. My CBI contact told me the deputy CBI governor Ammar Khalaf had a meeting with the Finance Committee this week and this sparked the news from the reporters that we read in the recent articles. Also don’t forget about the survey they CBI conducted on the subject and the resulting videos that played showing the results of the survey. I presented both of them to you.

Did you read the article above from March 2012 on the removing of the zeros titled “HIGH COMMISSION WITH THE CENTRAL BANK TO DELETE THE ZEROS FROM THE CURRENCY”? It said and I quote “Baghdad / range said the Economic Committee in the Iraqi parliament, on Thursday, it had established with the Central Bank of Iraq to a joint committee to begin the process of deletion of zeros from the local currency. said Abdul Hussein Abtan told the Kurdish news agency that “the Economic Commission formed a joint committee with the Central Bank of Iraq on Thursday to oversee the process of removing zeros from the local currency” So this tells us the CBI in 2012 was not going to move ahead independently but wanted a joint commission with parliament. They plan to do the same now in 2025. This is what my CBI contact just told me yesterday. This is now what they are working on. This is the next step they are now in. Once this is completed they will aggressively move ahead. The clock is ticking. January 2026 is not that far off.

The meeting with the parliament was about getting the needed referendum in place to conduct the project. So, to me it sounds like the CBI is committed to doing the project and doing it as soon as possible. I am told they need to suck in these notes to the banks to help pay the salaries for August and September. They need the liquidity. Of course, the money in the banks is much needed for loan products too, as we will see in another article. After exhausting other measures to suck them in they are now resorting to this last measure.

If you recall I had an extensive discussion on these attempts by the CBI to suck in these notes in my past Newsletters. Do you remember all the other tactics the CBI tried to get them? The “cash centers”, the selling of bonds, the recent GOLD buying, etc. etc. Why would the citizens give them up so freely without a rate change as they know the rate change is coming. Al-Sudani told them it was coming. Why in hell do you think they are hoarding them? No, it’s not all about “trusting the banks” or not as was said so many times in the news. Yes, this may be part of the story but not the entire story and this is where the CBI went wrong. Now the situation is desperate and they must do something. They are at the end of the proverbial rope.

What did I say back then? I told everyone that ultimately the CBI will conduct the Project to Delete the Zeros, like it or not, better sooner than later, but here we are later but still they move ahead.  

Why mention GOLD in the articles?

What may puzzle many is why mention the GOLD purchase is mentioned in each of these last two articles on removing the zeros? What does the connection with GOLD have to do with removing the zeros? I quote from the article –“This step coincides with the bank’s announcement that it will increase its gold reserves from 90 tons to 170 tons, representing approximately 20% of its total assets and placing Iraq fourth in the Arab world and twenty-ninth globally in terms of gold reserves.” Folks that is doubling their GOLD reserves.

I talked extensively with my CBI contact on this subject of GOLD yesterday on my call. She told me the GOLD is their “safety net” should something go wrong and inflation rises as a result of the project. It going to partially back the lower denominations. They wanted to let the citizens know there is ample reserves to cover any inflation and that their currency is backed by something real not fiat. She said this move on GOLD is also the precursor to getting off the petro-dollar in the near future and the sole peg of the dinar to it. I am sure I will be covering this move with the petro-dollar in the near future and so remember what I am telling you now. If you read today’s recent article on removing the zeros, they talk once again about low inflation and also about purchasing power. So let me address these two topics also now.

Will removing the zeros actually change the purchasing power of the dinar?

If you can recall I also talked about the fact that the purchasing power would not really change when they conduct the project. I used an example of 10,000 dinar note and how the 10 dinar note would replace it, but that the 10 dinar note would then buy the same goods or services at the 10,000 dinar note would. I quote from the article –  “Comparative studies indicate that deleting zeros is a technical accounting step that does not change purchasing power, but rather simplifies calculations and reduces errors in financial systems.”  However, if this is the case then what is the incentive for the citizens to turn them in? Why would they knowing that a much better rate is on the horizon? Afterall Al-Sudani told them it was coming soon. I also want to emphasize that to drop the zeros means to drop the zeros from the paper notes NOT THE RATE behind the notes. This is important to understand.

Low inflation?

In both of these recent articles they also talked about the low inflation. Why would they do this if inflation didn’t matter. Of course, it does and all of my readers better know this by now. Shame, shame on you if you don’t. Inflation is a strong indicator of the strength of the any economy. It also directly effects the purchasing power and so they go hand-in-hand. But remember what the CBI told us as part of the plan in 2011. Once they conduct the project to remove the zeros, they will monitor for inflation for a period and if all goes well, they will move to FOREX. We just don’t know how long this period of caution will be. So, yes, yes inflation is VERY IMPORTANT as it can affect the purchasing power and the CBI does not want any effect on the purchasing power, as they told us this again in these two recent articles. Their goal is to collect these hoarded stashes of notes from the homes and everything else be transparent.

Will there be a rate change in the process?

The articles don’t mention any rate change during this process, but remember this process is in-country only. Personally I don’t see how the CBI is going to pull off retrieving all these notes from the stashes in the homes without some incentive to bring them in thus what would the incentive be? The only incentive I know is to give them a rate change just over a dollar, thus the dinar is worth more than the dollar.

Is the CBI really going ahead?

So, is the CBI really going ahead with the removing of the zeros this time? I want to mention one other perception I see in these two last articles. If you read them carefully, they are talking more in the “past tense” already like the decision has already been made and now they just need to work out the details. So, these articles are not just informative articles about the pros and cons of the Project to Delete the Zeros as in the past but informing the citizens that as a result of the surveys taken (do you remember these two videos) they have decided to move ahead.

What I am trying to tell my readers is that when you read these articles they are chock-full of information but you have to put it all in context of what you already know from the past. You have to connect the dots and get the BIG picture. So, in order to do this, you must be informed of what was said in the past…right? Yes, you have to use your mind and so what a novel idea…lol..lol..lol.. What does this mean? What I am saying is most of these idiot intel gurus out there don’t give a shit about finding out the TRUTH and are too busy selling their products or conning you into taking expensive pre-RV classes that you absolutely don’t need. So, to me it means reading the articles and learning from them as time passes. This is not an easy task to do as it takes time and patience. Most can’t be bothered. They steal info from others and plagiarize. Of course, they really don’t know the subject matter anyhow and their info them turns out half-baked and nonsense.

What else is in the news?

😊 In the recent article titled “BANK OF THE NATION; THE BANK, WHICH PROVIDES 19 LOANS AND ADVANCES, WILL OPEN SOON”
Let’s dive much deeper into this article. It is telling us so much and it does not amaze me that they “just happen” to be opening this new National Bank directly tied to the Central Bank of Iraq at about this same time they are planning to collect all this stashed and hoarded cash by removing the Zeros. Let me explain. They tell us “the Kurdistan Regional Government (KRG) is in the final stages of establishing the National Bank, a strategic project to renew and reorganize the banking sector in the Kurdistan Region; The bank is expected to be operational before the end of this year.” Oh… did they say its opening “before” the end of the year? January 2026 is just around the corner…hint,,,hint,,,hint,,,,

They are telling us “that one of the main objectives of establishing the National Bank is to provide about 19 types of loans and advances to employees and citizens. These services cover the areas of real estate, automobiles, agricultural projects, industry and microcredit. The amount and type of loans are determined by the financial capacity of the bank”.

So,, tell me where is all this money for the loans going to come from? Yes, they must have some liquidity to open the bank, but what about ongoing? What I believe is going to happen is that much of this stashed, hoarded money will be retrieved and more specifically placed into accounts in this new National Bank. Money from the Project to Delete the Zeros and is going to be used and isolated into this specific bank for a reason. Why do this?

The reason specifically to do this is to keep the money safe and ensure it is used appropriately used for loan products and not stolen and marginalized (like going to Iran or otherwise stolen). Another question I must ask is why open yet another bank when we know they already have many banks they could have used? Oh… but can they really trust all these other banks? The new Banking Reform Law is also in the process of consolidating and eliminating banks. Take a look at the recent article titled “DEPUTY GOVERNOR OF THE CENTRAL BANK: FIVE BANKS MAY EXIT THE MARKET SOON.” But this is just five banks for now there are many more to follow, I can assure you. So, the reason for the new National Bank is absolutely to isolate all this incoming money as this bank consolidation process will continue for the rest of the year and maybe into 2026 even. So, the CBI does not want to get this liquidity mixed into a bank that is ultimately going to exit the market soon anyhow. Get it? Does this make sense to you?

Deputy Governor of the Central Bank of Iraq, Ammar Al-Aithawi, said in a press interview that: “Five private banks will exit the Iraqi banking sector in the coming period, due to their failure to adhere to the standards of the comprehensive review of the sector’s strategy.”

We must keep asking why, why, why are they doing what they are doing. How do the articles all piece together to give us the BIG picture of what is going on. Let’s continue with our analysis.

😊Now let’s connect more pieces. Take a look at this other recent article titled “HAWRAMI: THE DELAY IN AUGUST SALARIES IS DUE TO A LACK OF LIQUIDITY IN BAGHDAD, AND THE PROBLEM WILL BE RESOLVED SOON.” Okay, before I even go any further are the bells begining to ring within you head yet? Can you see what is going on with liquidity?

So, I ask where is all this liquidity going to come from? They tell us “the Kurdistan Regional Government (KRG) spokesperson Peshwa Hawrami said on Wednesday that the delay in sending August salaries to Kurdistan Region employees by the federal government in Baghdad is due to the lack of financial liquidity at the federal Ministry of Finance. He stressed that the problem is not difficult and will be resolved soon.” What did they say – “will be resolved soon”? Sounds very critical to me. How will this issue of lack of liquidity be resolved soon? Could it be the retrieval of the stashed and hoarded notes from the removing of the Zeros effort? Now let’s connect this also with the article about the new National Bank opening up before the end of the year. Are you connecting the pieces yet? WOW! WOW! WOW!

So, again I have to ask you as a reader of this analysis- What do you think is happening? Are they going to move ahead this time with removing the zeros or not?

I rest me case………

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

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

PRAYING WITH SINCERITY

Many may ask why their prayers are not being answered. Our new Shepard in Rome Pope Leo XIV has given us some direction.

You can purchase a nice pair of Rosary Beads here to pray:

                                         

These prophecies are more important now more than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at these past three election cycles, how can you deny that God is at work? Are you sleeping or what?

It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much, much more, I assure you! Now that God has his biblical David re-elected, we need to pay attention to what He does next.

NOTE: These prophecies just keep getting better and better, giving us HOPE of a brighter future. But the real reason why I listen to them is that we can actually see what God says He will do is taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.

Prophetic Words from prophet: Julie Green

“Your Government Is About To Be Gutted To The Size it Should Have Been All Along”

You can start watching the video at the 14:07 mark. From Oct 11th.  

This prophecy should inform us all that the work of Doge and the continued work to downsize the Federal government is also within God’s plan to clean up the national debt and run the government more efficiently. It is also to expose and deal with all the corruption in Washington, DC. Everyone should be onboard with this effort including all Republicans and Democrats.  Can you see something wrong with this? However, the Democrat party will see it as all wrong as they relied way too long on handouts to gain votes and stay in power. It is too bad they took it to extremes when they allowed all these illegal immigrants into the county and to follow these globalist plans. Enough is enough and now it is time to turn back the pendulum, and we all know when it swings, it swings wide.

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SILVER VAULTS RUN DRY AS SHORTAGE TRIGGERS PANIC. Physical silver not available to meet demand.

Okay so why is there a shortage of silver all of a sudden? There is a shortage because many investors who invested in silver only on paper are now wanting the actual physical silver. The procedure of buying without taking possession has kept silver relatively lower over many decades than what it should be. Silver should be at about 1/3 the spot of GOLD. Gold just hit $4,000 an ounce and technically silver should follow at about $1,000 – 1,300 an ounce.

Just this week silver finally broke over $50 an ounce and so what did our prophets tell us would happen next. They said a sudden rise in silver would happen. Will it? It’s happening now. Now investors are demanding their silver and there is not enough to meet the demand. Yes, it’s kind of like a panic for silver.  

Folks, this is not just precious metal dealers trying to sell you silver or gold. Listen carefully. What’s coming next? I am trying to help everyone that there is money to be made on other than currencies, such as in the dinar that we all sucked up in the past.  

15 THINGS TO DO IF YOU GET RICH ALL OF A SUDDEN

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

SOME PEOPLE JUST DON’T BELONG IN CONGRESS

This is what happens when you use a position of trust and honor to play an activist role. I have never seen anything so disrespectful in the house chambers before by any one individual. She is fighting for Palestine and her Muslim district who immigrated from Palestine. This is how she gains votes and stays in her position. It is the new game many of these newer democrats want to play. Just pay attention to “the squad”. Obviously, she is showing off for the cameras. Dumb people who don’t know any better buy into this crap. Oh…. so how many democrats have we watched being thrown out of hearings or public meetings? They are scared that they are next to go. No worries though, your just the small fry, the Grand Jury is in the process of going after the big fish first.

GRAND JURY INDICTS FORMER NATIONAL SECURITY ADVISOR JOHN BOLTON

Who’s next?

SUPREME COURT DROPS NIGHTMARE NEWS FOR DEMOCRATS

JUST BECAUSE THE SYMBOL OF YOUR POLITICAL PARTY IS A “jackass” DOES NOT MEAN YOU HAVE TO BE ONE.

Hee-Haw!

LETITA JAMES: Yes, “NO ONE IS ABOVE THE LAW”.

Now its time to live up to her own convictions. Yes, this time she is the hunted as “no one is above the law”, right? Only this time it’s not “fake charges”.

Why is Tish being indicted for her property on Peroni Ave, Virginia? Is there more to come? There are two other properties.  All three of Tish’s properties have mortgage fraud over the last 42 years. It’s time to look closely at the other two properties. There will more than likely be more indictments coming for her. This is not a one time “mistake” or “oops” but a pattern over many years of intentional defrauding the mortgage companies and the banks.  

We must keep in mind that this situation of Letita James is not about vengeance as it is more about justice. Just because it may appear that it is vengeance and in a way it is rightful vengeance, it does not mean we dismiss it. In her own words “no one is above the law”. Now the shoe is on the other foot.

If we have been following the biblical and prophetic side in the book of Samuel of what is happening to clean up our government, we can clearly see that Donald Trump had been picked by God to be his King David. Letita James is just one of many who were bent on stopping God’s work in the United States through Donald Trump. Whether you are a democrat or a republican the corruption is still very real and destroying our nation. I have to ask why the democrat party refuses to come onboard and help the republicans clean it up. Do they have something to hide?

God said through His prophets, that He hears our cries and He will bring justice to those that practice deceiving us.

LETITA JAMES: SHE’LL LOOK GOOD IN ORANGE.

This is necessary or the corruption will continue and even get worst.

LESSONS LEARNED? No, I guess not for democrats. This episode with Letitia James should be a reminder to all of us just how corrupt and dirty these people really are who get into govt offices and elected positions. But more importantly my question is this – How did Letitia James get away with this for so long? Why has no one researched her background before?

Is anyone vetting these candidates before they even run for office?

I know I have said this before but is this part of the problem too. Are we too relaxed in even choosing who will run and concentrate too much on the voting process when we have the opportunity to kick them out even before they get into office.

But there is more. And so who shares the same values? The corrupt seem to hang together. They support each other instead of learning from the mistakes of others. To tell you the truth I can’t figure out how people can be so dumb when it comes to politics. Do you really think sticking with losers is going to help your career?

COULD MEAN ‘DECADES IN PRISON’ – LETITIA JAMES PLEADS AFTER DOJ DISCOVERY

You made your bed, Letitia and now you have to lay in it! No you are not the victim, no this is not a racist thing. Good try…  Can you believe people can actually be so stupid and conned into this? So, so sorry the election did not turn out like all you liberals wanted it to. Remember she ran on a platform to get Donald Trump and now she claims its “selective prosecution” that didn’t work and now it’s racism. Really?

Can I say “what goes around comes around” is the law of Karma?

ZOHRAN MAMDANI: WHAT’S HIS END GAME FOR NYC?

PAM BONDI STUNS DEMOCRATS

Pam Bondi STUNS Democrats with an unexpected move on Capitol Hill, turning their own arguments against them in a fiery hearing. Meanwhile, Stephen Miller dismantles CNN’s narrative in a viral interview that leaves the network scrambling.

HILLARY CLINTON’S BENGHAZI COVER-UP COMING TO FORFRONT AGAIN

Yes, Connecticut Senator Richard Blumenthal and Barrack Obama are also part of this cover-up. Blumenthal, the same guy who was governor of Connecticut for a short time and used the position to get his senate seat. Nearly a third of all emails on Hillary’s private server came from Blumenthal not about “family matters” as she claimed. He was also on the Clinton Foundation payroll for nearly $10,000 per month while pursuing his own interest in the middle east. Is this even legal? The French president too is implicated here in a shady arms deal with Libya and dark money that went to influence the French politics in president Nicolas Sarkoz’s presidential campaign. Blumenthal and Clinton were right in the middle of it. Of Course they had to use a private server. This was all illegal and corrupt.

Of course, Sarkoz was convicted and sat in jail already for years because of it. But two of the other perpetrators still walk the streets. Talk about Russian collusion? We have French collusion right under our noses. For a change, let’s talk real collusion not made-up stuff.    

Can you also see now how the Clintons used their foundation money outside of the real “legal” intend of the foundation and that also is a crime.

Can you see now why they wanted the Comey FBI coverup of the laptop? They all protect each other.

Senator Blumenthal also lied about his military service. This guy is bad and I mean really bad! Please listen to the video and you will find out why the Clinton scandals will implicate many others along with her along the way. This is why they tried to wash the “lap top” scandal under the rug. But they are not going to succeed.

Anyhow, let’s concentrate too on what happened in Benghazi that day and why the lies had to be told about it to cover it up. But who will pay the price for this corruption? Will anyone actually be indicted for these crimes?

LETITIA JAMES PATH TO PRISON

Federal defense attorney Ronald Chapman unpacks the explosive grand jury investigation into James, including mortgage fraud allegations, civil rights violations, and DOJ subpoenas that could carry decades in prison time.

FORMER FBI DIRECTOR JAMES COMEY’S PATH TO PRISON

Who will he take along with him? Who’s next?

Attorney Ron Chapman. I like this guy. His news is nonbiased and nonpolitical. He tells it like it is. If a crime has been committed someone or some folks must pay the price for it. Folks this is not just Congressional hearings anymore. That is mostly all done already. Comey has been charged, or indicted, for crimes and more are coming. The investigation is not yet over.

A million-dollar dossier, a Phoenix tarmac meeting, and a former FBI Director now under federal indictment. What was once billed as “Russian interference” has exploded into a far-reaching scandal involving leaks, cover-ups, and political favoritism at the highest levels of government. From Hillary Clinton’s deleted emails and the Clinton Foundation probe to James Comey’s sworn denials before Congress, the case now charging him under 18 U.S.C. §§ 1001 and 1505 is only the beginning.

TIME IS UP FOR HILLARY CLINTON

Most true Americans just want justice and its way overdue. Who will the fall of Hillary take down with her? What is the Epstein connection in all this? Can it eventually lead to the take down Barrack Obama too?

Attorney Ron Chapman. I like this guy. His news is nonbiased and nonpolitical. He tells it like it is. If a crime has been committed someone or some folks must pay the price for it. Folks this is not just Congressional hearings anymore. This is the real thing. Comey will inevitably testify against Hillary to save his own ass. Besides there is  more than enough evidence to put her in prison without it anyway.

TRUMP AGAIN ANNOUNCES POSSIBLE $1,000-$2,000 TARIFF DIVIDEND FOR TAX PAYING AMERICANS! TRUE OR FALSE?

WASHINGTON — President Trump has once again mentioned his idea of sending out stimulus checks to Americans. In an interview with One America News Thursday, he was asked what he would do with the revenues from higher tariffs on imported goods.

Trump first said they’re looking at “paying down debt.” He then added they also may issue a stimulus as a result. You can hear it from his own mouth. This is his words not mine. No rumors or opinions here.

In this interview he does not say this dividend is approved as it will have to come through congress and the senate first for appropriations. Let’s see what happens. If it does, it will probably not come until tariffs are working for a bit of time. So don’t expect it this year.

REMOVING ZEROS: 170 TONS OF GOLD AND ONE DECISION ON THE TABLE… WILL THE IRAQI DINAR SURVIVE EROSION?

Amid the complexities of the financial landscape and increasing pressures on the money supply, the Central Bank of Iraq is opening the door to one of the most sensitive decisions in its modern monetary history: the project to remove zeros from the local currency. This step coincides with the bank’s announcement that it will increase its gold reserves from 90 tons to 170 tons, representing approximately 20% of its total assets and placing Iraq fourth in the Arab world and twenty-ninth globally in terms of gold reserves.

Meanwhile, Deputy Governor of the Central Bank, Ammar Khalaf, confirmed that there is no intention to float the Iraqi dinar exchange rate in order to preserve the stability of the financial market and the national economy. He noted that “there is an intention to remove zeros from the currency to alleviate the burden resulting from the accumulation of banknotes within the financial sector.” He explained that the goal of the measure is to reduce transportation and storage costs and improve the efficiency of cash circulation.

However, this step, which appears to be technical and reformist on the surface, has raised a wave of questions about its actual effectiveness, and whether it represents a radical solution to the monetary policy crises, or whether it is merely a cosmetic measure to relieve pressure without addressing the core structural imbalances in the Iraqi economy.

According to estimates by international monetary institutions, Iraq is currently experiencing moderate inflation of around 2.5%, a relatively stable environment compared to previous years. However, the money supply (M0) reached historic levels at the end of 2023, making cash transactions a logistical burden for banks and institutions.

Comparative studies indicate that deleting zeros is a technical accounting step that does not change purchasing power, but rather simplifies calculations and reduces errors in financial systems. However, the success of this step depends on its integration with comprehensive economic reform, rather than a measure isolated from the overall financial reality.

Economic expert Ahmed Al-Tamimi told Baghdad Today that “the project to remove zeros from the Iraqi currency represents an important reform step that will facilitate monetary transactions and reduce administrative and logistical burdens on the country’s financial and banking system, provided it is implemented within a well-thought-out, comprehensive plan that takes into account economic and market stability.”

Al-Tamimi adds, “The accumulation of banknotes resulting from the current bulk of paper money is a significant burden on the financial sector, requiring additional costs in transportation, storage, and management, in addition to making daily transactions difficult for citizens and institutions.”

According to comparative economic approaches, countries such as Turkey in 2005 and Ghana in 2007 saw relative success in removing zeros after long periods of stability and strict financial discipline. The move helped reduce the costs of cash transactions and boost confidence in the currency. However, failed experiments, such as those in Zimbabwe and Venezuela, have shown that removing zeros without institutional reform opens the door to renewed inflation and undermines public confidence in the national currency.

Al-Tamimi continues, “Removing zeros will not change the purchasing power of the dinar per se, but it will contribute to simplifying the accounting and financial system and reducing significant numerical discrepancies in financial statements, making money management more efficient and easier to use within government institutions and the private banking sector.”

He points out that the success of the experiment depends on “a stable economic environment, effective control of inflation rates, and close cooperation between the Central Bank and the Ministry of Finance to ensure a smooth transition without market disruptions or a loss of confidence in the national currency.”

According to accurate economic readings, Iraq today stands at a crossroads between comprehensive monetary reform and a symbolic measure with limited impact. Removing zeros may be technically beneficial, but it becomes dangerous if perceived as an attempt to conceal structural crises under an administrative guise. Analysts warn that poor timing or poor communication with public opinion could lead to pricing confusion and possibly “silent inflationary cycles” exploited by some commercial parties.

Al-Tamimi concluded his statement by saying, “The primary objective of this step is to enhance confidence in the Iraqi dinar, facilitate financial transactions, and reduce the burdens resulting from the accumulation of paper currency. It is also a structural reform in monetary policy that should be included within a comprehensive economic reform program that serves the stability of the dinar and enhances its efficiency in domestic and international transactions.”

Modern economic analyses confirm that strengthening the gold reserve provides the central bank with moral cover for any future monetary reform. However, it does not replace financial control, strict oversight of public spending, and rebuilding trust between monetary policy and the economic community.

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HAWRAMI: THE DELAY IN AUGUST SALARIES IS DUE TO A LACK OF LIQUIDITY IN BAGHDAD, AND THE PROBLEM WILL BE RESOLVED SOON.

 Kurdistan Regional Government (KRG) spokesperson Peshwa Hawrami said on Wednesday that the delay in sending August salaries to Kurdistan Region employees by the federal government in Baghdad is due to the lack of financial liquidity at the federal Ministry of Finance. He stressed that the problem is not difficult and will be resolved soon.

In a statement to Kurdistan 24, Hawrami said that today’s Kurdistan Regional Government (KRG) Council of Ministers meeting was devoted to discussing internal revenues, particularly after a special delegation from the federal Ministry of Finance, tasked with non-oil revenues, visited the relevant ministries in the Kurdistan Region.

Hawrami emphasized that securing employee salaries is a core function of the government, noting that the Kurdistan Regional Government is making strenuous efforts to secure 120 billion dinars in non-oil revenues and send them to Baghdad to ensure that no local obstacles hinder the disbursement of salaries and safeguard employee rights.

He pointed out that the Kurdistan Regional Government is working quickly on the payroll issue, saying, “We are very quick to prepare lists, respond to requests, and organize oil and non-oil revenues so that there are no problems or disputes with the federal government, and the salaries of Kurdistan Regional Government employees are not lost.”

Regarding the fate of salaries for the coming months, Hawramani explained that the federal government had requested additional time to secure liquidity, stressing, “We have been told to give them some time. The problem is not difficult and will be resolved soon.”

He added, “The October payrolls are ready, and as soon as August salaries arrive, we will immediately begin preparing 120 billion dinars from internal revenues for next month’s salaries.”

After extensive discussions, the Council of Ministers approved a package of recommendations and proposals aimed at ensuring the security of salaries and financial benefits for Kurdistan Region employees and the continuity of providing essential services to citizens. The Council directed the Ministry of Finance to issue the necessary instructions to facilitate their implementation. These instructions include emphasizing the Kurdistan Region’s commitment to transferring the federal treasury’s share of non-oil revenues, and giving this issue top priority over all other expenditures. This aims to eliminate any excuses preventing the payment of salaries for August, September, and subsequent months, especially since the salaries for the aforementioned months have not yet been disbursed, despite us having reached the middle of October.

The Council of Ministers renewed its call for the federal government to instruct the federal Ministry of Finance to disburse the region’s dues, especially in light of what the acting Minister of Natural Resources explained, that the tripartite agreement to export the region’s oil is being fully implemented, as SOMO has marketed more than three million barrels of the region’s oil on global markets, and its revenues have been deposited with the federal Ministry of Finance.

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THE US PRESIDENT AFFIRMS HIS COMMITMENT TO THE STRATEGIC PARTNERSHIP WITH IRAQ.

President Abdul Latif Jamal Rashid received a congratulatory message from US President Donald Trump on the occasion of the 93rd anniversary of Iraq’s National Day.

In his message, President Trump affirmed the United States’ unwavering commitment to the strategic partnership with Iraq and joint cooperation in all fields, enhancing regional stability.

The following is the text of the message:
“Greetings, Your Excellency the President.
We and the people of the United States of America are pleased to extend our sincere congratulations and blessings to you, the government and people, on the occasion of the (93)th Iraqi National Day.

This year has been marked by remarkable achievements that highlight Iraq’s resilience and growing leadership in the region. The successful hosting of the Arab League Summit in Baghdad highlighted Iraq’s ability to enhance dialogue and cooperation among neighboring countries, and the visit of the US-Iraq Business Council in April confirmed the strength of our shared
economic partnership.

The United States demonstrates its steadfast commitment to the strategic partnership with Iraq. Together, we have worked to promote regional stability, enhance energy security, and maintain pressure to prevent the return of ISIS. We look forward to continuing our cooperation on shared priorities and building on the momentum of our economic successes.

We wish you and all Iraqis a happy holiday and a year full of peace, progress, and prosperity.

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PRESIDENCY OF THE REPUBLIC: IRAQIS HAVE NO CHOICE BUT THE CONSTITUTIONAL OPTION.

The Presidency of the Republic stated on Wednesday that Iraqis have no choice but to adopt the constitutional approach to resolving disputes and problems.
A statement by the Presidency of the Republic received by ( IQ ) stated: “On October 15, 2005, our people had their free say in a historic popular referendum through which the Constitution of the Republic of Iraq was approved. This day was a national turning point in the process of building the contemporary Iraqi state and its transition from a centralized totalitarian system to a democratic federal parliamentary system that embodies the will of the people and the principle of their sovereignty over their land and homeland.”
 He continued: “The constitution is the fruit of a free and responsible national choice, and the result of a comprehensive societal and political consensus that brought together all components of the Iraqi people, including Arabs, Kurds, Turkmen, Christians, and other groups. It constitutes the social and political contract that regulates public life, guarantees rights and duties, and establishes the principle of partnership in governing the state and protecting its unity.”

The Presidency of the Republic affirmed that “Iraqis have no choice but to adopt the constitutional approach to resolving disputes and problems, as adhering to the constitution and implementing its provisions, both in letter and spirit, is the only way to protect the democratic system and safeguard the country’s unity.”

She added, “The constitutional transformation that Iraq witnessed twenty years ago represented a fundamental turning point from a centralized, totalitarian system that monopolized state decisions to a democratic federal system based on the distribution of powers, ensuring participation, and respecting diversity and pluralism within the framework of national unity.”
The statement continued: “On the twentieth anniversary of the adoption of the Constitution of the Republic of Iraq, the Presidency of the Republic calls on the Council of Representatives to approve the draft laws it submitted to the esteemed Council, such as the Federal Court Law, the Law of the Higher Commission for the Empowerment of Women, the Law of the Supreme Water Council, the Law of Amending the First Amendment to the Narcotics and Psychotropic Substances Law, the Law of the Iraq Creativity Award, the Law of the Division of Residential Lands, the Law of the Federal Council, and the Law of Recovering the Proceeds of Corruption, in addition to several draft laws to annul the decisions of the dissolved Revolutionary Command Council. It also calls on the political forces and the legislative and executive authorities to work to expedite the completion of the legislation stipulated in the Constitution, implement Article 140 of the Constitution, and approve the Oil and Gas Law to ensure the achievement of constitutional justice and national stability.”
He continued, “Our choice to build a democratic constitutional system was not easy after decades of totalitarian rule, but the will of the Iraqi people was stronger than the challenges, and it continues to steadily advance toward consolidating a state of institutions and law.”

He pointed out that “the Constitution of the Republic of Iraq is one of the most advanced constitutions, consistent with the principles of human rights and democracy, and represents a pioneering experience in the region.” He called for unity and solidarity among our people, from southern Iraq to the Kurdistan Region, and from east to west, so that Iraq remains a free and unified homeland for all its people.

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DEPUTY GOVERNOR OF THE CENTRAL BANK: FIVE BANKS MAY EXIT THE MARKET SOON.

The Central Bank of Iraq announced that five banks may soon exit the market for failing to comply with banking reform standards.

Deputy Governor of the Central Bank of Iraq, Ammar Al-Aithawi, said in a press interview that: “Five private banks will exit the Iraqi banking sector in the coming period, due to their failure to adhere to the standards of the comprehensive review of the sector’s strategy.”

Al-Aithawi explained that the restructuring process for private banks in Iraq included three paths: remaining in the market by adhering to the standards, merging, or exiting the market.
He added, “Most private banks in Iraq have committed to the first and second paths, whether continuing alone while adhering to these standards, or merging… However, a small number of them chose to leave voluntarily, and they are a small minority, not exceeding five banks.”

Banks eligible to remain within the Iraqi banking sector
The Deputy Governor of the Central Bank of Iraq described the standards that banks operating in Iraq must meet as “strict and clear,” adding that banks that are unable to adhere to them “will be ineligible to be part of the Iraqi banking sector.”
He explained that the plan includes interim evaluations every six months to a year, throughout the three-year plan, noting that any improvement in bank performance will require a period of time.

In April 2025, the Central Bank of Iraq launched a private banking reform plan in collaboration with the American firm Oliver Wyman. The plan focuses on enhancing and deepening financial inclusion, raising the efficiency and productivity of the private banking sector, and creating a fair and healthy competitive environment in the market, while enhancing the sector’s resilience and ability to withstand risks.

Iraq begins banking sector reform, and these are the details of the plan.
Al-Ithawi reviewed the most important standards that banks must adhere to, saying, “We are focusing strongly on governance, business models, and compliance. There are five main axes, including 25 standards that banks must all adhere to.” He added, “We seek to build strong and sound financial institutions that serve as an engine of economic growth and prosperity.”
The plan includes several pillars for reforming banking standards, such as setting a ceiling on ownership to prevent excessive control, conducting intensive due diligence on all major shareholders, requiring banks to adopt sustainable business models, maintain capital adequacy and liquidity ratios, enhance transparency in reporting, and align with global compliance practices, including comprehensive measures to combat money laundering and terrorist financing, ensuring the sector’s protection from financial crimes.

10 Licenses to Establish Digital Banks
Regarding digital banks, Al-Ithawi expects the Central Bank to grant up to 10 licenses to establish digital banks in Iraq, having recently received more than 80 applications.
Al-Ithawi explained that the Central Bank of Iraq will focus in the first phase on “selecting a very small number of applications to test their effectiveness, and we may expand in the future,” noting that the Central Bank “is seeking to select the best of these applications, as the vetting process is still ongoing. We are selecting banks based on their business models, their expertise, and the partnerships they have established in this field.”
Al-Aithawi also noted that the Central Bank of Iraq has allowed existing banks in the market to apply to open a digital path for them.

The Deputy Governor of the Central Bank of Iraq indicated that banks with foreign partnerships may have a good competitive position, saying, “It is preferable for the bank to have sufficient expertise to transfer this experience to Iraq.”

Financial Inclusion in Iraq
The Deputy Governor of the Central Bank said that although financial inclusion is relatively low in Iraq compared to neighboring countries, and the use of cash is still high, “we have been able to achieve accomplishments and enhance electronic payment tools, with significant government support. There are encouraging figures, as we have achieved a more than 20% increase in the use of electronic payment tools over the past two years compared to the previous years.”
Al-Aithawi pointed out that government decisions helped achieve this percentage, especially in light of government institutions receiving fees electronically, “which contributed to encouraging individuals to acquire electronic cards and financial wallets.”

Iraq seeks to enhance international confidence in the banking sector, especially after the United States blacklisted 14 Iraqi banks, preventing them from conducting dollar transactions on suspicion of their use for money laundering and transferring funds to Iran and Syria. There are 83 banks operating in Iraq, including eight government banks, 24 commercial banks, and 31 Islamic banks, in addition to 17 branches of foreign commercial and Islamic banks operating, and three representative offices of foreign banks.

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BANK OF THE NATION; THE BANK, WHICH PROVIDES 19 LOANS AND ADVANCES, WILL OPEN SOON

 
The Kurdistan Regional Government (KRG) is in the final stages of establishing the National Bank, a strategic project to renew and reorganize the banking sector in the Kurdistan Region; The bank is expected to be operational before the end of this year.

What you need to know; The capital of the National Bank is 250 billion Iraqi dinars. Of this amount, Dh25 billion will be deposited as cash in a special account, and another Dh225 billion will be provided by private commercial banks. The bank will be directly affiliated with the Central Bank of Iraq and will operate with an advanced electronic system.

the positive points; One of the main objectives of establishing the National Bank is to provide about 19 types of loans and advances to employees and citizens. These services cover the areas of real estate, automobiles, agricultural projects, industry and microcredit. The amount and type of loans are determined by the financial capacity of the bank.

Official Statement: Mawlood Sabir, Director General of Commercial Banks told Ava that with the establishment of this bank, the citizens of the Kurdistan Region can benefit from all the loans offered by the Central Bank of Iraq.

The next step; To run the bank, nine people have been elected as the board of directors and are currently undergoing a three-day training course. Jamil Abubakr, Director General of the Specialized Banks of the Kurdistan Region and one of the members of the board, said that after the course, they will hold interviews in Baghdad and is expected to officially start working before the end of this year.

At the same time; With the establishment of the National Bank, the KRG has a plan to reduce the number of banks. A committee has been formed to reduce the number of specialized banks, which currently number by early 2026, their numbers are set to be significantly reduced to just one specialist bank in each province. For example, agricultural, commercial and industrial banks will be consolidated into one bank.

The number of commercial banks, 96, will also be reduced, although the final number has not yet been determined. These steps are part of the banking sector reform process to strengthen and make the financial system in the Kurdistan Region more efficient.

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DEPUTY GOVERNOR OF THE CENTRAL BANK: FIVE BANKS MAY EXIT THE MARKET SOON.

The Central Bank of Iraq announced that five banks may soon exit the market for failing to comply with banking reform standards.

Deputy Governor of the Central Bank of Iraq, Ammar Al-Aithawi, said in a press interview that: “Five private banks will exit the Iraqi banking sector in the coming period, due to their failure to adhere to the standards of the comprehensive review of the sector’s strategy.”

Al-Aithawi explained that the restructuring process for private banks in Iraq included three paths: remaining in the market by adhering to the standards, merging, or exiting the market.
He added, “Most private banks in Iraq have committed to the first and second paths, whether continuing alone while adhering to these standards, or merging… However, a small number of them chose to leave voluntarily, and they are a small minority, not exceeding five banks.”

Banks eligible to remain within the Iraqi banking sector
The Deputy Governor of the Central Bank of Iraq described the standards that banks operating in Iraq must meet as “strict and clear,” adding that banks that are unable to adhere to them “will be ineligible to be part of the Iraqi banking sector.”
He explained that the plan includes interim evaluations every six months to a year, throughout the three-year plan, noting that any improvement in bank performance will require a period of time.

In April 2025, the Central Bank of Iraq launched a private banking reform plan in collaboration with the American firm Oliver Wyman. The plan focuses on enhancing and deepening financial inclusion, raising the efficiency and productivity of the private banking sector, and creating a fair and healthy competitive environment in the market, while enhancing the sector’s resilience and ability to withstand risks.

Iraq begins banking sector reform, and these are the details of the plan.
Al-Ithawi reviewed the most important standards that banks must adhere to, saying, “We are focusing strongly on governance, business models, and compliance. There are five main axes, including 25 standards that banks must all adhere to.” He added, “We seek to build strong and sound financial institutions that serve as an engine of economic growth and prosperity.”
The plan includes several pillars for reforming banking standards, such as setting a ceiling on ownership to prevent excessive control, conducting intensive due diligence on all major shareholders, requiring banks to adopt sustainable business models, maintain capital adequacy and liquidity ratios, enhance transparency in reporting, and align with global compliance practices, including comprehensive measures to combat money laundering and terrorist financing, ensuring the sector’s protection from financial crimes.

10 Licenses to Establish Digital Banks
Regarding digital banks, Al-Ithawi expects the Central Bank to grant up to 10 licenses to establish digital banks in Iraq, having recently received more than 80 applications.
Al-Ithawi explained that the Central Bank of Iraq will focus in the first phase on “selecting a very small number of applications to test their effectiveness, and we may expand in the future,” noting that the Central Bank “is seeking to select the best of these applications, as the vetting process is still ongoing. We are selecting banks based on their business models, their expertise, and the partnerships they have established in this field.”
Al-Aithawi also noted that the Central Bank of Iraq has allowed existing banks in the market to apply to open a digital path for them.

The Deputy Governor of the Central Bank of Iraq indicated that banks with foreign partnerships may have a good competitive position, saying, “It is preferable for the bank to have sufficient expertise to transfer this experience to Iraq.”

Financial Inclusion in Iraq
The Deputy Governor of the Central Bank said that although financial inclusion is relatively low in Iraq compared to neighboring countries, and the use of cash is still high, “we have been able to achieve accomplishments and enhance electronic payment tools, with significant government support. There are encouraging figures, as we have achieved a more than 20% increase in the use of electronic payment tools over the past two years compared to the previous years.”
Al-Aithawi pointed out that government decisions helped achieve this percentage, especially in light of government institutions receiving fees electronically, “which contributed to encouraging individuals to acquire electronic cards and financial wallets.”

Iraq seeks to enhance international confidence in the banking sector, especially after the United States blacklisted 14 Iraqi banks, preventing them from conducting dollar transactions on suspicion of their use for money laundering and transferring funds to Iran and Syria. There are 83 banks operating in Iraq, including eight government banks, 24 commercial banks, and 31 Islamic banks, in addition to 17 branches of foreign commercial and Islamic banks operating, and three representative offices of foreign banks.

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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

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Mnt Goat