LATEST MNT GOAT NEWSLETTER

December 2, 2025 Edition Latest Mnt Goat Newsletter

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:

December 2, 2025 Mnt Goat News Brief

Guten Tag everyone:

Bringing you more news. What happens next?

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 9:10

“Now he who supplies seed to the Sower and bread for food will also supply and increase your store of seed and will enlarge the harvest of your righteousness”

STATUS OF THE RV

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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.

If I were you, I would keep the champagne in the frig. The show is not over until the fat lady at the circus sings….. lol.. lol.. 😊 It is early December and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1^st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options.

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I wish could tell everyone to go to the bank and exchange your dinar today but this is simply not going to be the case. We must realize that the CBI is working on one track, the GOI on another, and some can even say Kurdistan on yet another. So, let’s explore each track and learn more today how close we are to the RV.

It’s the CBI track that we have been following mostly with all the banking and financial reforms. We were told just a few weeks ago that the CBI is ready to remove the zeros and we all know what that can lead to. In the news back then, Iraq even told us about the pending now basket and talked about moving to FOREX. Then they even told us that moving to Forex would even coincide with the implementation of the new digital dinar. This was the first time they talked openly about this since 2011 when we learned about the overall Dr Shabibi plan. The digital dinar did not exist back then, however things have changed since 2011 and so the CBI told us the digital dinar will stop all currency fraud and completely shut down the parallel market. We learn in the article titled “CENTRAL BANK GOVERNOR: DIGITAL CURRENCY WILL SOLVE 90% OF THE PROBLEMS IN THE IRAQI FINANCIAL SYSTEM”. Please click on the link to read it.

So, how close are we then to the RV?

But remember that the CBI cannot begin the project to delete the zeros without assurances from the U.S. that it can then move ahead to the reinstatement pending no inflation issues arise during the currency swap out. In today’s main article thread, we learn in the articles titled “SAVAYA: I WILL ARRIVE IN IRAQ WITHIN THE NEXT TWO WEEKS.” That Mark Savaya, the special envoy of US President Donald Trump, announced that he will arrive in Iraq within the next two weeks, revealing that he is carrying “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.” This meeting was supposed to take place last week but was postponed due the Washington shooting of the National Guardsmen.

😊In yet another article on this same issue titled “A GOVERNMENT STRIPPED OF FACTIONS: THE AMERICAN CONDITION CLASHES WITH THE WILL OF THE IMF IN BAGHDAD.” All eyes in Baghdad are on the crucial behind-the-scenes maneuvering to form the next Iraqi government, amid unprecedented American pressure. This article is telling us not only does the U.S. want these Iranian militia out of Iraq but also out of the political process. For the first time, Washington is so explicitly demanding a “non-factional government” as a prerequisite for international recognition of the legitimacy of the entire political process, linking this condition to future economic and security support for Iraq. Can it get any clearer. The U.S. is telling Iraq they are not going international (thus the reinstatement of the dinar to FOREX) until they show they are truly a fully sovereign country. This means they can not be a proxy of Iran.

😊Yes, in article titled “POLITICAL ANALYST: WASHINGTON CONTROLS 90% OF THE GOVERNMENT FORMATION DECISION… AND THE COORDINATION FRAMEWORK AWAITS SAVAYA’S CONDITIONS.” We can clearly see the U.S. is controlling this 2025 election cycle and will have its way in who is the new prime minister. Their excuse for doing so is that Iraq has NOT yet proven itself in managing it’s security issues as a “fully” sovereign country, as Iranian militia still walk the streets, occupy military bases and Iran still has e a large influence in the political process. So, the U.S. says if you want to be a big player in the international stage it starts with putting on your “big boy” pants and truly learn to govern your own country and keep it safe.

😊In yet another article on this very same issue titled “TRUMP’S ENVOY RECEIVES PRESIDENTIAL DIRECTIVES REGARDING THE IRAQ FILE” we learn just what the US President Donald Trump’s directive is. Mark Savaya, announced that he had received presidential directives regarding the Iraq file, during the Thanksgiving celebration. So, we now know what these directives are going to be when he arrives in Iraq. What was this message? I quote from the article – President Trump’s envoy issued a stern warning to the armed factions, saying: “Let me be clear and unequivocal: there is no place for such armed groups in a fully sovereign Iraq,” adding a direct American pledge: “The United States will fully support these efforts… Every illegal armed group and those who support it will be pursued, confronted, and held accountable.”

Knowing all this, after reading these articles on this subject matter of Iranian influence in Iraq, Do you believe that the U.S. is going to support the Iraqi dinar moving to international status any time soon?

What does the IMF say about it? Are they ready to support the RV?

In the article titled “A GOVERNMENT STRIPPED OF FACTIONS: THE AMERICAN CONDITION CLASHES WITH THE WILL OF THE IMF IN BAGHDAD” we learn what that the IMF is clashing with the Trump’s objectives. According to the information

this demand by the Americans clashes with an electoral reality that cannot be ignored: The political blocs affiliated with the factions have won dozens of seats in the new parliament, reflecting the will of a broad electorate in the central and southern regions.

This duality creates a deep tension between the will of the IMF on one hand, and the will of the major international power on the other, and puts Iraqi political forces before a difficult choice: either to accept Washington’s conditions and risk the anger of their popular base, or to proceed with forming a government that respects the election results and exposes Iraq to possible diplomatic and economic isolation.

I ask, what do you believe is going to happen? Do you think this mess with Iran is going to be cleared up in time to conduct the swap out of the notes and allow for the reinstatement all by early January 2026?

Insert comment block here

To answer this question, I want to add a few thoughts:

I can only report on what I am told by my CBI contact, then read the articles for more;
When does Iraq do anything exactly on time?
Iraq and the US obviously have not yet settled the Iranian issue.
The new prime minister is not yet selected.

Yes, its December 2nd already and was told that there is enormous pressure on the CBI by the IMF to move ahead, but they can’t, as they are also working very closely with the US Treasury on a daily basis. So, for today’s news lets look at the articles and see if we can explain further on these issues facing Iraq.

I know this is not the news we had hoped for today but it is what it is. Remember that things could change drastically as we move through December.

My Saturday call to Iraq:

My contact reiterated once again the success of the Mnt Goat Newsletter blog. She said she is thankful that someone is there to tell the TRUTH about what is really happening in Iraq. She too reads and listens to all the “bullshit” on the internet. She emphasized the word “bullshit”. Where do people get these lies from, she asked?

I then said thanks for her comments. She then told me that the CBI has been told by the Finance Committee to hold off on removing the zeros until the issues with the U.S. around the Iranian saga are agreed to and at least how this will be handled. Right now it it is even more difficult to negotiate on the issues dealing with Iran because Iraq does not yet even know who to negotiate with, since the prime minister is not yet elected. My guess it there will some sort of commitment, with an agreement, then with a pledge and “or else” conditions, built into it. Iraq will have to show some sort of immediate actions to cement the terms of the agreement.

I asked more about the project to remove the zeros. She said it is still targeted for December, be patient and instructions are ready to be posted in the news on how to conduct the swap out. Do you remember the recent article we read about December 1^st being the date for a new currency mechanism in the article titled “IRAQ IS SET TO IMPLEMENT A NEW CURRENCY MECHANISM ON

DECEMBER 1, 2025”. You can go to my Nov 20^th Newsletter for more information on this article. Here is the article and so you can read the first statement yourself. What does it say?

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Article Follows

Iraq is set to implement a new currency mechanism on December 1, 2025

Iraq is set to implement a new currency mechanism on December 1, 2025, which includes the introduction of a central bank digital currency (CBDC) and a redenomination plan.

In this first paragraph it tells us what it includes. It says “includes the introduction of a central bank digital currency (CBDC) and a redenomination plan.” Can it get any clearer that the CBI intends to being the redenomination plan or remove the zeros. This means to replace the larger three zero notes with the lower denominations. (When this occurs we know the IQD rate will be about 75 cents in-country until they collected what notes they need to collect. )

This move aims to modernize Iraq’s financial system, enhance financial transparency, and reduce reliance on traditional fiat currencies. The CBDC will eventually replace physical banknotes, while the redenomination plan will simplify transactions and improve public confidence in the dinar’s value.

The Central Bank of Iraq has not specified the exact exchange procedures or deadlines, but a phased rollout is expected. This transition is part of broader global banking reforms and will require a strong technology foundation and public acceptance to ensure it’s success.

Article Ends

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What else is in the news?

Besides the Iranian issues, the news today is all very good for Iraq. In the recent past we learned about many of these initiatives to bring Iraq into the middle east leadership role. But they are not there yet. To be honest with you I have been thinking that the Development Road Project was much further that we see in an article in today’s news that they are just reaching out for contractors to build the roads and railways, so this may take a while to pan out as a revenue stream.

😊 Then in article titled “IN COOPERATION WITH THE ASSOCIATION OF PRIVATE BANKS, THE FIRST PHASE OF THE “PULSE OF MOSUL” PROJECT HAS BEEN LAUNCHED” we learn that Prime Minister Mohammed Shia al-Sudani launched the first phase of the “Pulse of Mosul” project on Sunday. Sudani launched the (Pulse of Mosul) project, which aims to rebuild the alleys and neighborhoods of the old city of Mosul, inspired by the (Pulse of Baghdad) project, which included the rehabilitation and maintenance of the old areas of Baghdad.” Why is this important?

This project of reviving Mosul show us that Iraq is concerned about rebuilding Iraq and after over 20 years since 2003 are now taking this effort seriously.. Yes, like the Development Road Project. As Al-Sudani pointed out during the meeting this project will also mean increased revenues from reviving the heritage of the ancient city, to be an important tourist gateway and enhance its historical and heritage status. As an investor, you too may have the opportunity some day soon to travel to Iraq and experience history and all the cities you only read about in my blog and the articles.

In multiple articles on the subject matter of a mulit-year budget we can begin our education on why a multi-year budget and the benefits to Iraq. We can read about this effort in the articles titled:

“IRAQ IS REVIVING THE THREE-YEAR BUDGET EXPERIMENT; THE MINISTRY OF PLANNING HAS BEGUN DISCUSSING IT IN PREPARATION FOR PRESENTING IT TO DECISION-MAKERS”.

“THE GOVERNOR OF THE CENTRAL BANK OF IRAQ PARTICIPATES IN THE ARAB BANKING CONFERENCE 2025”

“THE 2026 BUDGET IS ON THE PLANNING TABLE… A DISCUSSION OF THE GENERAL FRAMEWORK AND PLANS FOR SUBSEQUENT YEARS”

All three of these articles can be found in the Mnt Goat Newsletter Articles Section.

The 2026 budget and plans for subsequent years were the focus of a meeting at the Ministry of Planning, where the general framework and proposed projects to be included were discussed. The ministry stated in a statement, which was reviewed by (Shafaqna Iraq), that “a meeting was held today, Wednesday, to discuss the preparation of the budget for 2026 and the next three years (2026-2027-2028). Remember that this is the second time that they are attempting a three-year budget. The last term was 2023-2025 but a sudden drop in oil prices beyond what was budgeted for basically killed the ability to conduct the 2025 projects. Instead of borrowing the GOI simply postponed the projects hoping to fund them in 2026.

There is not much more important news to bring at t his time. The 2025 election is not yet decided and probably won’t be until all the appeals from the election results are decided upon in the Supreme court. Then having ten days afterwards to announce the results. The court just told us they have reviewed all the appeals that were pending however there is still time to allow to submit yet more appeals since the statute of limitations has not yet run out. So we wait to learn of the election results.

Of course, this other “sour grape” issue namely the Iran influence in Iraq must be resolved somehow. Oh… there is always an issue that seems to stop the RV. But will it this time? We still have to see what happens. At least none of my blog readers are ignorant on this subject matter as I have presented countless articles about this danger of holding up the RV this year or early next. All I can say is “I told you so”. Are you listening.

Having read my RV Status for this period when do you think the RV will happen?

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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

“Are You Prepared Of What Is About To Strike Your Nation?”

You can start watching the video at the 12:45 mark. From Nov 23^th.

“Martial Law Must Take Place To Free Your Nation”

You can start watching the video at the 16:14 mark. From Nov 16th.

Martial law is the replacement of civilian government by military rule and the suspension of civilian legal processes for military powers. Martial law can continue for a specified amount of time, or indefinitely, and standard civil liberties may be suspended for as long as martial law continues. Most often, martial law is declared in times of war or emergencies such as civil unrest and natural disasters. Alternatively, martial law may be declared in instances of military coups d’état.

Martial law is how the government gets to military tribunals we have been hearing about for the past 10-20 years of prophecies. God is telling us now through Julie Green that these will be necessary as our current court system is dysfunctional. These tribunals will be WWII Nuremburg style courts set for this purpose. They will rule on cases and hand down sentences. This corruption has been going on in our government all way too long as they protect each other, accept bribes and give death threats and so it is even hard to get justice. This will be necessary because of all the corruption that is within the justice system of the district courts. It is hard to get a fair trial. It’s coming and so be prepared mentally when you see it. We recently witnessed the crossing of the red line with the six democrats outright telling the military members to mutiny. Why? It’s because they know that martial law is coming. Get it? This should be yet another sign of proof to you of what I know to be true.

We are not to be fearful as this will NOT be a total shutdown of the nation like for COVID. Things will basically go on as normal daily life, however there will be a seed of martial law within the justice system of the government. It will be announced and televised. These court cases will be on TV daily. Glenn Beck does a good job of explaining it.

KIM CLEMENT WARNED THIS WOULD HAPPEN IN NEW YORK

UFOS ARE NOT JUST IN OUR IMAGINATION ANYMORE…OR WERE THEY EVER JUST IMAGINARY?

Around 1986 I ran across a prophecy called “Pheonix Rising” by May Summer Rain.

You can go buy it on Amazon.com and read it for yourself and then tell me you too do or don’t see these prophecies happening in real life. You can just comment me on this blog how you feel. It’s is amazing what is happening in this time. So far everything she has documented from the native American woman, from the Chippawa tribe who gave her the prophecy has come to be. In the prophecies she also talks about UFOs (now renamed to UAP for only God knows why). The prophecy says there will be total exposure of the alien crafts and we may even have an opportunity to go upon and visit one on display.Yes, this is going to be total exposure. I can not give you a firm date and like the IQD RV, only certain people know when this is all going to come all out. But by the current news on this subject it is not hard to determine it is soon, and I mean soon!

Come ‘ on folks this is now national news from a national network. The people interviewed are VERY creditable people. Are you a believe or do you still want to poo poo it? When it happens to you and you see one then what? I actually have a family member who did see a round ship, took actual photos and so I personally know something is not right.

A LIBERAL DEMOCRAT PREARRANGED NEW NARRATIVE THAT THEY ARE BUILDING SLOWLY AGAINST TRUMP IS BEING BORN. HERE WE GO AGAIN…

The news media is given the new narrative and then the questions to impose in the interview to create the narrative. Yes, the interview is “staged” for the public.

I pray this nasty Mark Kelly is convicted of inciting mutiny among the ranks of the military. And for that matter the other five (5) politicians also.

A PREEMPTIVE STRIKE ON PRESIDENT TRUMP’S AUTHORITY AS COMMANDER AND CHIEF

What is this democrat propaganda trying to prepare America for? Yes, this must be dealt with and not ignored.

Victor Davis Hanson takes is through it for us to understand the TRUTH what these democrats are trying to do. Again, they are desperate and will try anything. This inciting of mutiny to 1.3 million military members must NOT go unanswered. The military chain of command must NOT get political.

Everyone must listen to this video to understand firmly what is going on.

TIM WALZ SPIRALS AND RUNS OFF MSNBC WHEN ASKED ABOUT THE CORRUPTION IN HIS OWN STATE

TRUMP AIMS TO REVOKE BIDEN-ERA PARDONS SIGNED ‘ILLEGALLY’ WITH AUTOPEN

Can president actually do this legally and constitutionally?

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.

There are so many recent prophecies about Gold and Silver.
It is key to the “RESET”.

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

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

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

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

THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM

Central Bank of Iraq

Some types of currency, even less than 10,000 dinars, are not accepted from some banks, so the currency has accumulated among citizens to solve this problem in the latest guidelines of the Central Bank of Iraq, private banks and currency dealers. The Central Bank of Iraq (CBI) has issued new guidelines to deal with all types of Iraqi dinars.

The 250, 500 and 1000 Iraqi dinars are the least traded in the market, banks and currency dealers’ markets, and in some places are not accepted, so the small amount of money has accumulated among citizens.

The Central Bank of Iraq (CBI) had earlier said it had a shortage of cash, one of the reasons being the deterioration of the balance between the currencies, so they issued new guidelines and must deal with all types of Iraqi dinars.

Anwar Mousavi, a currency dealer, told Kurdistan24 that there is no problem in providing any kind of money to pay salaries and shop owners must cooperate in the markets.

Iraq spends about 7 trillion dinars monthly on salaries, the central bank said by the 10th of each month to end the transaction of the money in the markets, about 15 trillion dinars are withheld by citizens.

Economist Haider Sheikh said the central bank wants to solve the cash problem and eliminate the excuse of currency in transactions, so government offices and private banks have instructed to receive all kinds of money, because the money paid for salaries will not be in the market.

Previously, currency dealers and even some private banks accepted bills against the dollar at less than their value, but according to the new guidelines, bills will be accepted at the same value even if they are torn or old.

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THE 2026 BUDGET IS ON THE PLANNING TABLE… A DISCUSSION OF THE GENERAL FRAMEWORK AND PLANS FOR SUBSEQUENT YEARS.

The 2026 budget and plans for subsequent years were the focus of a meeting at the Ministry of Planning, where the general framework and proposed projects to be included were discussed.

The ministry stated in a statement, which was reviewed by (Shafaqna Iraq), that “a meeting was held today, Wednesday, to discuss the preparation of the budget for 2026 and the next three years (2026-2027-2028), chaired by the Undersecretary of the Ministry for Technical Affairs, Maher Hammad Johan, and attended by a number of directors general, heads of departments and representatives of relevant departments in the ministry.”

She added that “the meeting’s discussions focused on the general framework of the 2026 budget and plans for subsequent years.”

“Discussions were also held regarding ongoing and new loans and projects proposed for inclusion in the budget, as well as examining the terms of the Chinese framework agreement and the development projects it includes.”

The statement continued, “The meeting also addressed the preparation of appropriate scenarios for the 2026 budget, in preparation for submitting them to decision-makers for approval according to developmental and economic priorities.”

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THE CENTRAL BANK WARNS: ENTITIES ARE SPREADING RUMORS TO RAISE THE DOLLAR’S VALUE IN THE MARKET.

The Central Bank of Iraq confirmed on Thursday that there is no intention to change the official exchange rate. While noting that the rumors that are spread from time to time aim to speculate in the parallel market, it pointed out that its monetary policy has succeeded in curbing inflation, as evidenced by international recognition.

(Mnt Goat: Again, they are talking about changing the exchange rate by devaluation from 1320. This would be the worst thing the CBI could do at this point, especially if you want investors to come into Iraq. These people are ignorant and stupid and just spread rumors. They don’t want Iraq to grow, they want the status quo of corruption in the dollar and to maintain their currency scams to Iran.)

Alaa Al-Fahd, a member of the Central Bank’s media office, said, “There are parties trying to fish in troubled waters and spread rumors and false news that are outside the Central Bank’s jurisdiction in order to raise exchange rates in the parallel market,” explaining that “the Central Bank always defends monetary policy and the general price level.”

Al-Fahd added that “inflation rates in Iraq have reached, according to international testimony (the IMF and the World Bank), historically low levels compared to other countries in the region, and have even reached negative levels, which is happening for the first time and is considered an achievement for monetary policy in preserving purchasing power, especially for the poor classes.”

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PRESSURE ON THE CENTRAL BANK TO CHANGE THE EXCHANGE RATE CONSTITUTES INTERFERENCE WITH ITS INDEPENDENCE.

Samir Al-Nassiri

(Again, I will add this change to the exchange rate they are calling for is a devaluation not a revaluation. It is still with the de fact peg to the dollar and not yet on FOREX)

After the announcement of the final election results, and for the political and self-serving interests of some influential figures, speculators, and traders who deal in illegal trade through direct transfers outside the controls of the Central Bank, official border crossings, and the new instructions for prior customs registration starting from 12/1/2025, which ensure control over the government’s customs revenues.

About a week ago, media pressure began, directed by some specialists, non-specialists, and self-proclaimed analysts who frequently appear on media channels with vested interests and on social media, with the aim of disrupting the Iraqi market, which has remained stable throughout 2025 due to the wise monetary policies and efforts made by the Central Bank, which maintained the general price level and kept the inflation rate below 1%, controlled the money supply, and built sufficient foreign reserves to cover the local currency in circulation and cover imports.

He (Ali al-Alaq) is currently implementing an ambitious project for a comprehensive and radical reform of the banking sector. He receives continuous praise from the World Bank, the International Monetary Fund, and the US Treasury for the steps he has taken in implementing monetary policy over the past three years.

Since December 19, 2020, when the exchange rate was adjusted by the Central Bank under pressure from the previous government, and up to the present time, the exchange rate of the dinar has continued to fluctuate up and down in the parallel market, even after it was adjusted again in 2023. Due to the Central Bank’s measures mentioned above, relative stability has been achieved despite all the internal and external challenges, and all the speculators’ plans to weaken the purchasing power of the Iraqi dinar have failed.

We must also not forget, clearly and precisely, that there is an organized lobby working against achieving monetary stability, led and implemented by multiple entities linked to speculators and corrupt individuals who have a special agenda to weaken and harm the national economy by fabricating news and statements, spreading rumors and flawed and paid economic analyses, and turning them from reassuring news for the market and citizens into news that confuses the market and creates panic among citizens. This is what is actually happening now, which requires clarification here, as it has been happening for about ten years.

Particularly after the financial and security shocks of mid-2014, a culture of reliance on the central bank to confront economic and financial crises and challenges became entrenched. This is done by using its monetary policy tools and mechanisms to overcome the government’s liquidity shortage and its inability to pay salaries on time, as well as the failure of fiscal policy by relying on foreign currency reserves. These reserves are not, in reality, the government’s reserves, but rather the central bank’s reserves, used to control the stability of the exchange rate, according to the target, and to address the balance of payments deficit.

The central bank has been burdened with the problems of other stakeholders, which is not its primary role. It is not responsible for the shortfall in non-oil revenues, the balance of payments deficit, the trade deficit, or the fluctuations in global oil prices. Therefore, foreign currency reserves have risen and fallen due to these flawed policies, which are not based on a clear and defined economic strategy or methodology.

Therefore, the return of stability to the exchange rate to its targeted and balanced rates will be achieved with the support of the concerned authorities in the government by activating other productive sectors, reforming the financial and banking sector, drawing up clear financial policies in coordination with monetary policy and its currently adopted applications and tools, and overcoming the challenges of achieving economic stability, which means achieving stability in the financial and monetary system.

This is not only the duty of the Central Bank alone, but it is a fundamental duty of fiscal policy and the government’s approach to managing the economy, activating sources of national income other than oil, supporting, protecting and encouraging local production, generalizing the activation of dealing in the Iraqi dinar in all internal cash trading activities, expanding the use of electronic payment methods and enhancing digital transformation.

In particular, it must be emphasized here clearly that all the pressures currently being exerted on the Central Bank to change the exchange rate are not a solution to address the liquidity shortage, but rather an interference in its independence and an abolition of its role and responsibility in its tasks and objectives as stated in its Law No. 56 of 2004, which is in force.

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THE IRAQI DINAR: STABLE AND CONSISTENT

Amidst the analyses and speculations circulating that raise questions about the fate of the national currency, official facts and data confirm that talk of any change in the exchange rate of the Iraqi dinar is nothing more than speculation that is not based on any sound economic foundation.

(Again, they are talking about a devaluation when they mention ‘change in the exchange rate. NOT what we are looking for.)

Through a careful reading of the economic reality and the official statements of the Central Bank of Iraq, it becomes clear that the stability of the exchange rate is the fixed strategic option that is being defended with effective monetary tools and a huge balance of foreign reserves.

The Central Bank of Iraq places the stability of the exchange rate at the heart of its priorities, in accordance with the law that governs its work and aims to ensure price stability. The bank’s statements were clear and decisive in denying any intention or the existence of any serious study to reduce the value of the dinar, as such a decision has no economic justification in the current circumstances.

The facts on the ground speak for themselves clearly: huge foreign reserves exceeding $95 billion form a protective shield that ensures hard currency liquidity and covers all external strengthening needs of the national economy.

The Central Bank’s firm policies have also proven effective in maintaining the stability of the official and parallel exchange rates, as they have succeeded in narrowing the gap between them significantly, supported by the flow of oil revenues, which constitute a stable source of hard currency. This stability in the exchange rate has been a key pillar behind achieving low inflation rates, the lowest in the region, which has contributed to protecting the purchasing power of citizens and maintaining stable living conditions.

The Central Bank remains vigilant against all rumors and ill-considered analyses aimed at undermining confidence in the national currency and creating market instability. It possesses all the necessary regulatory and financial tools to counter such attempts and maintain the stability of the dinar. Exchange rate stability is not merely a number on a screen; it is the cornerstone of the stability of the entire national economy and a guarantee of sustainable development and investor confidence.

In conclusion, the future of the Iraqi dinar is shaped by a strong economic reality and a wise monetary policy that refuses to be swayed by any pressures or rumors, stressing that stability is the most prominent theme in the coming period.

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IRAQ IS REVIVING THE THREE-YEAR BUDGET EXPERIMENT; THE MINISTRY OF PLANNING HAS BEGUN DISCUSSING IT IN PREPARATION FOR PRESENTING IT TO DECISION-MAKERS.

The Ministry of Planning discussed on Thursday the budget for the next three years (2026–2028) in preparation for presenting it to decision-makers.

The ministry stated in a statement received by (Al-Rabia) that it “held a meeting today, Thursday, to discuss the preparation of the budget for 2026 and the next three years (2026–2028), chaired by the Director General of the Sectors Planning Department, Basim Dhari Mahmoud, and the Director General of the Government Investment Programs Department, Tahseen Mahmoud Muthanna, with the participation of representatives of the relevant departments in the ministry.”

She added that “the meeting addressed the preparation of the final drafts of the budget for ongoing and new projects, in addition to the current budget. Ongoing and new loans, proposed projects, the Chinese framework agreement, and a review of suitable scenarios for preparing the 2026 budget were also discussed, in preparation for presenting it to decision-makers for approval.”

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HOSHYAR ZEBARI: AL-SUDANI HAS A GOLDEN OPPORTUNITY TO BOOST HIS CHANCES OF RUNNING FOR A SECOND TERM.

On Thursday, Hoshyar Zebari, a leader in the Kurdistan Democratic Party, asserted that Prime Minister Mohammed Shia al-Sudani has a golden opportunity to secure a second term .

Zebari said in a post on the “X” platform, which was reviewed by “Mail”, that “the attack by militia factions yesterday on the Kormor gas field in Sulaymaniyah with Grad missiles launched from the Tuz Khurmatu axis to sabotage the region’s economy and infrastructure confirms once again that the government does not control it .” He added, “The Sudanese government has a golden opportunity to impose its control, punish the guilty, and enhance his chances of running for a second term.”

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THE ELECTORAL COMMISSION ANNOUNCES THE DATE FOR SENDING THE ELECTION RESULTS TO THE FEDERAL COURT.

The Independent High Electoral Commission announced on Monday that it had completed all procedures for appeals against the election results and sent them to the judicial body. It also set a date for sending the results to the Federal Court. The head of the commission’s media team, Imad Jamil, stated in a statement to the official agency that “sending the complete election results to the Federal Court for ratification will take place after the judicial body has finished considering all the appeals.”

Jamil explained that “the Commission has completed all appeals and submitted its recommendations regarding them,” indicating that “the work is now with the judicial body, which cannot be restricted to a specific period of ten days, as some appeals include technical or legal procedures that require them to be returned to the Commission for clarification or to complete the required technical procedures.”

He added that “the judicial body will be bound by the legal period of ten days, after receiving the last appeal from the commission and completing the procedures related to it.”

He also pointed out that “the judicial body is continuing to perform its work, and that a group of appeals that reached the commission have had the recommendations of the Board of Commissioners approved regarding their response.”

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A LEADER IN THE AZM MOVEMENT: MUTHANNA AL-SAMARRAI IS THE MOST LIKELY CANDIDATE FOR SPEAKER OF PARLIAMENT.

A leader in the Al-Azm Alliance suggested on Sunday that the alliance’s leader, Muthanna al-Samarrai, is the most likely candidate to obtain the position of Speaker of the next House of Representatives, ruling out the return of former Speaker Mohammed al-Halbousi for several reasons.

The leader of the coalition, Issa Al-Sayer, told Shafaq News Agency that “the behind-the-scenes meetings and dialogues of the National Political Council of the Sunni component revolve around the nomination of the next Speaker of Parliament, and according to the data, a new candidate will be nominated for the presidency of the next parliamentary session,” noting that “the closest is the leader of the Azm Alliance, Muthanna Al-Samarrai.”

Al-Sayer ruled out Al-Halbousi’s return to the presidency of the legislative authority “for multiple reasons,” which he declined to elaborate on.

He explained that “more than one candidate will compete for the presidency of the parliament, including Mohammed Nouri Al-Karbouli in addition to Muthanna Al-Samarrai.”

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TRUMP’S ENVOY RECEIVES PRESIDENTIAL DIRECTIVES REGARDING THE IRAQ FILE

US President Donald Trump’s envoy to Iraq, Mark Savaya, announced that he had received presidential directives regarding the Iraq file, during the Thanksgiving celebration.

“I was honored to receive the directives for the Iraq mission from the Commander-in-Chief,” Savaya said in a post on the X platform on Friday, November 28, 2025.

He added, “It was a pleasure meeting you, Mr. President, and it was truly an exceptional way to celebrate Thanksgiving.”

Trump’s envoy to Iraq, vowed to pursue and hold accountable the armed groups that targeted the Kor Mor gas field, describing them as tools of “hostile foreign agendas,” in the first firm response from the Trump administration to the attack. In a post on the “X” platform (formerly Twitter), Savaya commented on last night’s attack, saying: “Armed groups operating illegally and driven by hostile foreign agendas carried out the attack on the Kormor field,” demanding that the Iraqi government “identify the perpetrators and bring them to justice immediately.”

A MESSAGE THAT IS “UNEQUIVOCAL”

President Trump’s envoy issued a stern warning to the armed factions, saying: “Let me be clear and unequivocal: there is no place for such armed groups in a fully sovereign Iraq,” adding a direct American pledge: “The United States will fully support these efforts… Every illegal armed group and those who support it will be pursued, confronted, and held accountable.”

STRONG SUPPORT FOR KURDISTAN

Savaya stressed the firm American position towards the region, affirming that “Washington supports a strong Kurdistan within a unified and stable Iraq.”

The US official urged Baghdad and Erbil to “deepen security cooperation and work closely to protect vital economic and energy infrastructure.”

Trump’s envoy concluded his post by renewing the commitment to help Iraq build its national forces, saying: “Together, we will continue to protect Iraq’s resources, defend its sovereignty, and ensure the security and well-being of all its citizens.”

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INCOME GAP: IRAQ LAGS BEHIND OIL-PRODUCING COUNTRIES DESPITE ITS ENORMOUS WEALTH

(This is what happens when you let Iran, your neighbor steal your wealth along with the politicians. The US is experiencing the same thing but they think that can print endless fiat currency to cover the stolen money.)

The income gap reveals that the per capita share of Iraq does not exceed $5,800, while Qatar and Oman shockingly surpass it, reflecting the failure of oil wealth management to improve the standard of living.

The latest data from the International Monetary Fund reveals an unprecedented gap in income levels within the Arab world. The figures show that the richest Gulf state (Qatar) is ahead of Iraq by more than 1100% in per capita GDP, while the poorest Gulf state (Oman) is ahead of it by 230%. This shockingly shows that Iraqis are effectively living outside the club of oil-producing countries, despite the enormous wealth that their country possesses.

Qatar tops the list with $71,400 per person annually, while Iraq stands at only $5,800, a very low position compared to oil-producing countries, revealing a deep flaw in the conversion of natural resources into economic prosperity.

IRAQ IS OUT OF THE OIL CLUB.

According to the index, even economically unstable countries like Libya ($6,900) and Algeria ($6,100) outperform Iraq.

Oman (the poorest of the Gulf countries in terms of income) is also ahead of it by more than three times, with a share of $19,100 per person.

In contrast, Iraq only surpasses countries with limited resources such as Jordan, Morocco, Tunisia, and Egypt, which places it in the category of a “middle-income economy” despite its enormous oil and human potential. Iraq possesses:

One of the world’s largest oil reserves
Annual revenues exceeding $100 billion
A huge young and productive workforce

However, the per capita share does not reflect this wealth, indicating a clear imbalance in resource management, weak productivity, and the dominance of unproductive activities.

Three clear economic messages…

1. The failure to utilize oil revenues for the welfare of the citizen, due to the almost complete dependence on rentier economy.

2. The dominance of the public sector and the inflation of operating expenses at the expense of investment.

3. The absence of a diversified economy capable of creating added value and real income for the individual.

What does this mean for the Iraqi citizen?

Thus, Iraq’s ranking reveals that economic growth does not reach the lives of citizens , and that the standard of living does not represent the true wealth of the country. It also places the next government before the responsibility of restructuring the economy and transforming natural wealth into actual development (if it has the ability and will to do so).

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THE CENTRAL BANK WARNS THOSE SPREADING RUMORS ABOUT THE DOLLAR EXCHANGE RATE.

The Central Bank of Iraq confirmed that there is no intention to change the official exchange rate. While noting that the rumors that are spread from time to time aim to speculate in the parallel market, it pointed out that its monetary policy has succeeded in curbing inflation, as evidenced by international recognition.

Alaa Al-Fahd, a member of the Central Bank’s media office, said, “There are parties trying to fish in troubled waters and spread rumors and false news that are outside the Central Bank’s jurisdiction in order to raise exchange rates in the parallel market,” explaining that “the Central Bank always defends monetary policy and the general price level.”

Al-Fahd added that “inflation rates in Iraq have reached, according to international testimony (the IMF and the World Bank), low and historic rates compared to the countries of the region, and have even reached the negative rate, which is happening for the first time and is considered an achievement for monetary policy in preserving purchasing power, especially for the poor classes.”

He explained that “the Central Bank continues to finance foreign trade with high smoothness, while diversifying the basket of foreign currencies (Chinese yuan, UAE dirham, Turkish lira), as well as shifting from the electronic platform to strengthening balances through direct correspondence with global banks,” stressing that “these measures have achieved clear monetary stability.”

Regarding the difference between the official and parallel market rates, Al-Fahd explained that “the price in the parallel market does not reflect the real demand for the dollar, but rather represents an illegal and unofficial demand for speculation, since the Central Bank covers the legitimate demands for financing trade and travel,” noting that “any talk about changing the exchange rate issued by non-experts aims to confuse the public.”

Al-Fahd stressed that “determining the exchange rate is the exclusive prerogative of the Central Bank according to the legal article in Law No. 56 of 2004, and despite coordination with the government and the Ministry of Finance, the technical opinion of the Central Bank at this stage does not support any change or increase in the exchange rate due to the stability achieved in monetary reserves and price levels.”

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THE GOVERNOR OF THE CENTRAL BANK OF IRAQ PARTICIPATES IN THE ARAB BANKING CONFERENCE 2025

The Union of Arab Banks organized He noted that Iraq is moving steadily towards building a strong and modern banking sector, capable of leading financial and economic transformation by enhancing monetary and financial stability and strengthening the banking sector’s capabilities to be more supportive of sustainable development. This will be achieved by relying on the best management and governance standards, and by transitioning towards digitalization and financial and technological innovation. He stressed the importance of consolidating financial inclusion and ensuring the integration of the financial system with the formal economic cycle.

His Excellency explained that the Central Bank continues to work on implementing a multi-year strategic vision aimed at supporting local and foreign investment and enabling the banking sector to play its vital role in developing the national economy. In closing, His Excellency expressed his gratitude to the Union of Arab Banks and the organizing bodies, stressing the Central Bank of Iraq’s commitment to strengthening cooperation with Arab brothers and developing a more stable, growing and innovative financial environment.

Central Bank of Iraq,
Media Office,
November 27, 2025

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SAVAYA: BIG CHANGES ARE COMING TO IRAQ

US President Donald Trump’s envoy, Mark Savaya, announced on Sunday that he will arrive in Iraq within the next two weeks, confirming that he carries “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.”

“Big changes are coming in Iraq, and from now on everyone will see actions instead of words,” Savaya said in a press statement, indicating Washington’s seriousness in taking concrete steps toward the outstanding issues.

Earlier today, Savaya confirmed via the “X” platform that the world views Iraq “as a country capable of playing a larger and more influential role in the region, provided that the issue of weapons outside the framework of the state is completely resolved, and the prestige of official institutions is preserved.”

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SAVAYA: I WILL ARRIVE IN IRAQ WITHIN THE NEXT TWO WEEKS.

Mark Savaya, the special envoy of US President Donald Trump, announced that he will arrive in Iraq within the next two weeks, revealing that he is carrying “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.”

In a statement to Rudaw Media Network, which was followed by “Dijlah News”, Savaya pointed to changes taking place in Iraq, saying that “big changes are coming in Iraq, and from now on everyone will see actions instead of words.”

Earlier today, Savaya said on the X platform that the world will now view Iraq “as a country capable of playing a larger and more influential role in the region, provided that the issue of weapons outside the framework of the state is fully resolved, and that the prestige of official institutions is preserved.”

He argued that Iraq now has “a historic opportunity to close this chapter and enhance its image as a state based on the rule of law, not on the power of weapons.” Trump’s envoy warned that Iraq today stands “at a crucial crossroads; either it moves towards independent institutions capable of enforcing the law and attracting investment, or it returns to the cycle of complexity that has burdened everyone.”

On October 19, 2025, US President Donald Trump announced the appointment of Mark Savaya, who was a key figure in his election campaign, as special envoy to Iraq.

Savaya: I will arrive in Iraq in two weeks… Big changes are coming and the proliferation of weapons outside the country must end.

Mark Savaya, the envoy of US President Donald Trump, announced on Sunday (November 30, 2025) that he will arrive in Iraq within the next two weeks, confirming that he carries “a special message from President Trump to the leadership in Iraq and the Kurdistan Region.”

In press statements followed by “Baghdad Today”, Savaya said, “Major changes are coming in Iraq, and from now on everyone will see actions instead of words,” in reference to Washington’s readiness to take concrete steps towards the outstanding issues.

He added that Iraq currently has “a historic opportunity to close this chapter and enhance its image as a state based on the rule of law, not on the power of weapons.”

The US envoy warned that Iraq today stands “at a crucial crossroads; either it moves towards independent institutions capable of enforcing the law and attracting investment, or it returns to the cycle of complexity that has burdened everyone.”

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A GOVERNMENT STRIPPED OF FACTIONS: THE AMERICAN CONDITION CLASHES WITH THE WILL OF THE IMF IN BAGHDAD.

All eyes in Baghdad are on the crucial behind-the-scenes maneuvering to form the next Iraqi government, amid unprecedented American pressure.

For the first time, Washington is so explicitly demanding a “non-factional government” as a prerequisite for international recognition of the legitimacy of the entire political process, linking this condition to future economic and security support for Iraq.

The winning political forces, foremost among them the Coordination Framework, the Sadrist Movement, and the Sunni and Kurdish alliances, are continuing intensive negotiations at the presidential and parliamentary headquarters, but they are encountering a solid American obstacle.

According to sources, the US administration, through direct and indirect diplomatic channels, informed a number of political leaders of its categorical rejection of any figure openly associated with armed factions assuming sovereign positions, security ministries, or even some sensitive service ministries.

Washington believes that Baghdad’s commitment to this red line will definitively determine Iraq’s position in the upcoming regional equation, especially in light of escalating tensions with Iran and Israeli concerns about any strengthening of the “axis of resistance’s” influence within state institutions.

According to the information circulating, the United States seeks to establish a new political environment completely free of the dominance of armed factions over executive decision-making, even if they remain represented in parliament.

This American demand clashes with an electoral reality that cannot be ignored: the political blocs affiliated with the factions have won dozens of seats in the new parliament, reflecting the will of a broad electorate in the central and southern regions.

This duality creates a deep tension between the will of the IMF on one hand, and the will of the major international power on the other, and puts Iraqi political forces before a difficult choice: either to accept Washington’s conditions and risk the anger of their popular base, or to proceed with forming a government that respects the election results and exposes Iraq to possible diplomatic and economic isolation.

(All I can say is Hurray! Hurray! And Hurray! again and it’s about time the US put Iran in its place and got them out of Iraqi politics. 😊 )

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IN COOPERATION WITH THE ASSOCIATION OF PRIVATE BANKS, THE FIRST PHASE OF THE “PULSE OF MOSUL” PROJECT HAS BEEN LAUNCHED.

Prime Minister Mohammed Shia al-Sudani launched the first phase of the “Pulse of Mosul” project on Sunday.

The Prime Minister’s Media Office stated in a statement received by “Wadih” that “Al-Sudani launched the (Pulse of Mosul) project, which aims to rebuild the alleys and neighborhoods of the old city of Mosul, inspired by the (Pulse of Baghdad) project, which included the rehabilitation and maintenance of the old areas of Baghdad.”

The statement added that “this came during the Prime Minister’s chairmanship of a meeting attended by the Governor of Nineveh, representatives of the Association of Iraqi Private Banks, a number of advisors to the Prime Minister, and heads of relevant departments in Nineveh, during which the stages of the project and the archaeological and heritage areas that will be targeted were reviewed.”

Al-Sudani pointed out during the meeting the importance of the “Pulse of Mosul” project in reviving the heritage of the ancient city, to be an important tourist gateway and enhance its historical and heritage status.

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POLITICAL ANALYST: WASHINGTON CONTROLS 90% OF THE GOVERNMENT FORMATION DECISION… AND THE COORDINATION FRAMEWORK AWAITS SAVAYA’S CONDITIONS.

Political analyst Rafed Al-Atwani said that the coordination framework is experiencing a “clear state of anxiety” regarding its political future, noting that the parties within it “are still unable to agree on an alternative to Mohammed Shia Al-Sudani,” and that all the names being circulated “are subject to change and are awaiting the opinion of the American envoy, Mark Safiya.”

Al-Atwani explained in an interview with “Al-Manassa Al-Jarida” that the framework is almost convinced that “the formation of the next government and the selection of the prime minister will be subject to the conditions of Safaya,” noting that this reality “puts his political future at stake and pushes him to avoid the risk of putting forward a controversial figure.”

He added that Iran also “does not currently want to engage in a confrontation with the United States,” and that it seeks “calm in order to preserve its political and ideological presence within Iraq” in light of escalating American pressure.

Al-Atwani pointed out that some armed factions have begun to show “unprecedented flexibility” in dealing with these changes, which, in his opinion, reflects “the shrinking of the framework’s options in favor of a new political equation in which the United States will be the most influential player, by up to 90%.”

Al-Atwani concluded by saying that announcing a new prime minister “will be a very difficult task for the framework,” suggesting that the state of waiting will continue until Washington’s requirements become fully clear.

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THE CENTRAL BANK POSTPONES THE REQUIREMENT FOR PRIOR CUSTOMS DECLARATIONS UNTIL 2026 AND EXEMPTS FOUR GOODS FROM THE DECISION.

The Central Bank of Iraq postponed on Monday the requirement for companies wishing to purchase dollars for importing goods to submit a prior customs declaration until January 2026, with the exception of four specific commodities for which the requirement remains mandatory. This postponement comes after the General Authority of Customs had previously announced that the procedure would be implemented starting Monday, December 1, 2025.

The Central Bank, in an official letter to licensed banks yesterday, Sunday (November 30), directed the suspension of the prior declaration requirement until (January 1, 2026), while maintaining its mandatory nature from December 1 of this year for the import of gold and jewelry, mobile phones, cars, and refrigeration equipment.

According to the decision, the application of the prior declaration for companies importing the rest of the goods will be optional until the beginning of 2026, and will become mandatory after that date, while the bank excluded materials that arrived at the border crossings before December 1 and the financial transfer procedures were not completed according to the invoice or commercial contract.

The General Authority of Customs had begun on November 25 to implement the procedure that requires companies to pay customs duties in advance and inform the Central Bank through the ASYCUDA system to allow the entry of goods, which led to difficulties faced by companies in the Kurdistan Region, as the region does not operate under this system.

In this context, Sami Jalal, advisor to the Minister of Interior in the regional government, said in press statements followed by the “Iraq Observer” agency, that “the Kurdistan Region is not part of the ASYCUDA system, and we will be in negotiations with Baghdad regarding pre-clearance customs to resolve this issue by the new year.”

Companies in Iraq and the region benefit from the official dollar exchange rate set by the Central Bank at 131,000 dinars per 100 dollars, as part of measures to regulate import financing and control border crossings.

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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

October 30, 2025 Edition Mnt Goat Latest Newsletter

ABOUT THE NEWSLETTER:

October 30, 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.

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.”

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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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.

________________________________________

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:

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.

There are so many recent prophecies about Gold and Silver.
It is key to the “RESET”.

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?

The Wrecking Ball

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

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!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

October 28, 2025 Edition Latest Mnt Goat Newsletter

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.

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

Let’s all try to chip in!

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Psalm 37:4

“Delight yourself in the Lord; And He will give you the desires of your heart.”

More news….

THE OIL AND GAS LAW RETURNS TO THE FOREFRONT, AND PARLIAMENT FACES A TEST OF POLITICAL WILL.

(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.

**Chart from one of Ali Al-Alaq’s past investment seminars**

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!

Recent Video from the CBI on the Project to Delete the Zeros

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 = .~~000~~7575 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:

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.

There are so many recent prophecies about Gold and Silver.
It is key to the “RESET”.

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

IS OUR PRESIDENT TRUMP GOING TO ENACT THE INSURRECTION ACT?

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

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.)

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!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

October 23, 2025 Edition Latest Mnt Goat Newsletter

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.

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.”

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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.

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.

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.

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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:

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.

There are so many recent prophecies about Gold and Silver.
It is key to the “RESET”.

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

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.

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.”

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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!

Auf Wiedersehen

Much love to ya all,

Mnt G

October 21, 2025 Edition Latest Mnt Goat Newsletter

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.

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.”

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:

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.

There are so many recent prophecies about Gold and Silver.
It is key to the “RESET”.

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

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

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!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

October 16, 2025 Edition Latest Mnt Goat Newsletter

Iraqi first – Al-Sudani

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.

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:

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.

There are so many recent prophecies about Gold and Silver.
It is key to the “RESET”.

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

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”.

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.

Is anyone vetting these candidates before they even run for office?

COULD MEAN ‘DECADES IN PRISON’ – LETITIA JAMES PLEADS AFTER DOJ DISCOVERY

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

HILLARY CLINTON’S BENGHAZI COVER-UP COMING TO FORFRONT AGAIN

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.

LETITIA JAMES PATH TO PRISON

FORMER FBI DIRECTOR JAMES COMEY’S PATH TO PRISON

Who will he take along with him? Who’s next?

TIME IS UP FOR HILLARY CLINTON

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?

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.

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

Just the FACTS!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

October 14, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

October 14, 2025 Mnt Goat News Brief

Guten Tag everyone:

Sooo much oil !… lol…. lol…. Sooo much news! Will it all come together in time…..tick tock,,,, tick tock… Yes, it looks like it’s going to be an “October to Remember” too ……. Now let’s see what the rest brings.

GIVE A GIFT TO MNT GOAT

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

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

Let’s all try to chip in!

____________________________________

Matthew 7:7

“Ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you.”

In today’s news I will tell you why these two articles are so important to us and our investment in the Iraqi dinar. It goes much deeper than just raising the rate of the dinar. There is enormous wealth coming to Iraq.

More news….

IRAQ PLANS TO DOUBLE OIL EXPORTS THROUGH REOPENED KIRKUK-CEYHAN PIPELINE

(Mnt Goat: Yes, you read it right! But what impact does this have on us getting the RV sooner than later? Oh…did they say by 2026?)

Iraq aims to more than double crude oil exports through the reopened Kirkuk-Ceyhan pipeline by next year, according to state oil marketer SOMO. The increase follows the resumption of Kurdish oil flows to Turkey and growing OPEC+ output competition.

(Reuters) — Iraq aims to more than double crude oil flows through the newly reopened Kirkuk-Ceyhan pipeline by next year, said an official at Iraqi state oil marketer SOMO.

The reopening of the pipeline comes against a backdrop of rising global supplies as OPEC+ producers boost output to gain market share. Iraq, meanwhile, has come under U.S. pressure to resume the Kurdish oil flows as U.S. President Donald Trump seeks to cut Iranian oil exports to zero under a maximum pressure campaign against Tehran.

SOMO is aiming for 400,000 to 500,000 barrels per day (bpd) by 2026, Rikan Kareem said on Tuesday at a conference in London. Pipeline flows were running at 150,000-160,000 bpd on Sept. 29 after reopening on Sept. 27.

More news….

SUMO: IRAQ NEEDS INTEGRATED PARTNERSHIPS TO IMPROVE OIL PRODUCTION

Sumo Oil Marketing Company (SUMO) today announced that the latest agreement with Exxon Mobil will improve its export capabilities and enhance the Iraqi marketplace in the oil field.

“The local agreement with Exxon Mobil represents an important strategic direction for the industry,” CEO Ali Nizar al-Shatri said in a press release Iraqi oil prices and marketing cut to the worst level”. In addition, Exxon Mobil is a world leader in oil, gas and refining, and is a integrated company that possesses the latest technology and offers prices “It is competitive, which makes it capable of playing a role in marketing Iraqi crude oil in different markets.

(Mnt Goat: Drill baby, drill!)

STATUS OF THE RV

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

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

There is so much news this period of reporting I don’t know where to begin…..

I will let everyone know that I have never been so undecide on what topic to cover in the heading of my Newsletter today. So, I decide to do both as both are interconnected. I need everyone to realize just what is about to happen. My CBI contact told me what they are planning and so is it now time?

😊 😊 I first want to bring to your attention the article titled “CENTRAL BANK: GOLD RESERVES REACH 170 TONS, WITH INTENTION TO REMOVE ZEROS FROM DINAR”. The Central Bank of Iraq announced, on Tuesday, October 14, 2025, its gold reserves and its intention to remove zeros from the Iraqi currency. Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by Baghdad Today, that: “The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time.”

Let’s go deeper in this article. I have been bringing you the news of these additional gold holdings for a reason. Now finally you can see why. Iraq is going to partially back the dinar with GOLD. Did I also not tell you this years ago? Some will ask is this just another informative article in their intent in the future to do the Project to Delete the Zeros, or are they serious about it now?

Let me Explain. I will tell you that from everything I know, they are serious now, not next year or years away. What did my CBI contact tell us? Did I waste my money on my calls to Iraq? So, what gave away their secret?

In the first place it’s the article of today. Secondly, its all in about their GOLD reserves. Have I not been talking so much about GOLD lately. Why in hell would they combine news about the expanded gold reserves with the Project to Delete the Zeros if they were not somehow connected? Are they using the GOLD as a safeguard to get through any “hiccups” that might arise from this project? Is mid October, and I was getting a bit worried that they might not do the reinstatement next January 2026. This article calmed my worries. It confirms that I was wrong. Let’s all just sit back and let it play out. We should see some very interesting news ahead….. 😊 Just in case- get that champagne in the frig…😊

Let’s continue with the second part of this Newsletter and connect the two pieces, okay?

😊 Let me present the first article titled “GOVERNMENT ADVISOR: MONETARY POLICY HAS ACHIEVED STABILITY IN THE EXCHANGE RATE AND INFLATION.”

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Fridaythat “Iraq has achieved unprecedented stability in inflation and prices, noting that inflation in the country is under control and unemployment is declining.”

Saleh told the Iraqi News Agency (INA): “For the first time in Iraq’s modern economic era, high growth is being achieved, characterized by stability in the general price level, as the annual inflation rate is stable within what is known as the natural price range or the natural fraction of inflation in the country.” He added, “Iraq has entered its third year with low growth rates in annual inflation indicators, measured monthly over a 12-month period. These rates fluctuate below 3%, reflecting the success of economic policies, particularly monetary policy, in achieving.

I just wanted to remind everyone that the IMF told Iraq through their consultation sessions that they needed low inflation and a steady exchange rate. The news just told us that inflation is at a record low for Iraq, EVER. In fact they called it “unprecedented stability in inflation and prices”. The CBI is also able to steady the official rate of the dinar at 1320 for almost three years now. So where is the RV then?

Next, I want to move on to the topic of the US requirement for the Oil and Gas Law (implementing the Iraqi Constitution in full). Are you sick and tired of hearing about this again and again… Oh…maybe it’s VERY, VERY important to our investment? Remember that this is an item on the list of the five main issues mandated by the US of Iraq prior to any reinstatement. Yes, it is extremely important to the U.S. that the oil be managed and the revenues from it go towards the Iraqi people and not Iran. So, let’s dive deeper into this issue once again since it is HOT in the news again.

😊 Please take the time to read at least the first half of a very long article on this subject titled “A BOOBY-TRAPPED MESSAGE OR A PASSING PIECE OF ADVICE? TRUMP THREATENS IRAQ’S OIL… AND WHAT’S BETWEEN THE LINES SPEAKS LOUDER THAN THE SENTENCE.” This article could not be any more of a WOW! article for us investors.

Looking back at Trump’s first record of Iraq in his first term as president, his most striking statement stands out: “We want to control Iraq’s oil” as compensation for the cost of liberation.” This argument reduces oil to an equation of spoils and power.

This week, at the Sharm el-Sheikh summit, Trump returned to the issue, but with a different tool, a different message, a more strict message and a warning: a public warning that Iraq “may have a problem” if it does not manage its oil well, describing Iraq as “a country full of oil” with “vast quantities.” With this shift from a discourse of direct control to conditions of management and “testing governance,” the form of influence, not its purpose, is changing. So, is this not everything I have been telling everyone about the Oil and Gas Law? First it should be more than obvious to everyone that law is NOT yet passed and a law as required by the new Iraqi constitution. So why are all these intel gurus out there still telling their listeners it’s “all done”. I don’t get it.

Remember how I told you the plan is to have the oil revenue pay for the war through the oil credits from our dinar exchanges. In my past Newsletter dated 09/30, I clearly laid out the concept of the plan for you. The best part is that Pres. Trump just verified this week what I told you. The “compensation for the cost of the war” is NOT from the US Treasury exchanging trillions of dinar currency reserves to pay off the national debt. Again, how stupid and how silly of a notion to think this could even work. Where in hell would Iraq get all this money? Simply put, it would crash the dinar once on FOREX. Get it? But there is an alternative plan. Yes, stop this nonsense intel guru idiot talk.

So, I detailed to you a plan that would work and that I can confirm is in motion. This revenue stream of the US brokering the oil would go towards paying off the US national debt. But this alone would not do it. There are other plans too such as with the US GOLD reserves, getting back on the GOLD standard and other matters that would also reduce the debt. But first the US must stop the drunken-sailor attitude of spending. They must stop spending trillions like it was billions. This is NOT sustainable. The US must go back to an annual budget and stop these stop-gap measures where pork-belly spending is so wasteful. We see this most apparent in the recent democrat shut down of the govt over the republican simple stop gap measure to fund just months of the government to allow time to complete the preparation of a normal annual budget. The congress is going back to a normal annual budgeting process and trying to end all this waste.

😊So, after Pres.Trump makes this statement about Iraqi oil in his speech on Monday, as I showed you above, then out pops a statement from Masoud Barzani of Kurdistan on Monday.

The article is titled “BARZANI RECALLS THE 2007 OIL AND GAS LAW: IT WOULD HAVE SPARED US LEGAL TROUBLES.” Kurdistan Democratic Party (KDP) leader Masoud Barzani called on Monday for the activation of oil and gas agreements between Baghdad and Erbil, stressing that the 2007 law for investing in this resource would have been a “successful model” had it been implemented on time. All I can say is “I told you so”.

So, folks let’s connect the dots. Have you done this already? Let me explain it in simple terms to you.

First, Iraq must their CONTROL OIL REVENUES. The US needs Iraq to control its oil revenues. This is why they won’t turnover the DFI funds to Iraq since they don’t trust that they will manage them correctly. Remember Iraq said they wanted to invest these funds in a “sovereign fund” and reap the benefits of investment income from them. The US does not want Iran or China to be controlling the oil or its revenues. Read on and you will learn why. Check out the article titled “REPRESENTATIVE: WASHINGTON CONTROLS IRAQI FINANCIAL TRANSFERS AND HINDERS ECONOMIC INDEPENDENCE”. At this point in time this may actually be good for Iraq.

Second, PRES, TRUMP’S WARNING. He warned Iraq about the oil in his first term as US president and then another four years passed. That was eight years ago and so what has changed in Iraq to manage their oil revenues? Actually, almost nothing until this year when stark warnings over the PMF and the oil were given to Iraq by the Trump administration. I guess they didn’t believe Trump would have a second term? With the tripartite agreement between Baghdad, Kurdistan and the Oil companies, we are now beginning to see the ripples of change. The revenues for Iraq are about to sore, but these projects must be implemented not just put on paper.

Third, the STABILITY OF THE DINAR. Now that we all know about the plan to compensate the US for the war through oil credits, can you see why it is important for the US to be so concerned about stabilizing the dinar and how Iraq controls and spends it oil revenues? The US will need this so we can exchange our dinar. Get it? But of course, it’s not just all about us investors and paying off the debt. The US also wants to diversify the Iraqi economy and take advantage of it with US business investments in Iraq. The US also needs the oil. Oil is a strategic resource. Trump recently told us that in the near future gasolene at the pump may be a $2 a gallon. This comes from the Pres. Trump’s mind who knows how to make money. Have we seen this effort by any other president since 2003? Did other really even care about the citizens or just wanted the power?

Fourth, is DIVERSIFICATION. Can you also see why the US is demanding diversified revenues, besides the oil revenues? It needs the free-market economy of Iraq so Iraq too can eventually move the all these government salaries each month and move them over to the private industry. This will save the government billions each month. This is the purpose of the port of Faw and the Development Road projects. The addition of mom and pop shops is not going to raise the additional revenues needed. Iraq needs big and bold moves. It was al-Sudani who was able to “think big” and bring Iraq’s huge potential of these other revenues. Remember this article titled “AN ECONOMIC EXPERT PROPOSES A MECHANISM TO BOOST NON-OIL REVENUES BY MORE THAN 8 TRILLION DINARS IN IRAQ.” from my 10/07 Newsletter? Regulating religious tourism in Iraq, including imposing entry fees (visas) on all Arab and foreign visitors, will boost non-oil revenues by more than 8 trillion dinars, which is almost double the direct financial revenues from the development path!!” So it’s just not the Development Project but other sources too they are working on. Oh..did I mention the articles on the underused capacity of the two major airports in Iraq? Baghdad and Basra International Airports. These two airports are among the largest in the region in terms of the area allocated for air cargo, as they were originally designed to be platforms for re-export and transit operations.

Fifth, INCREASE CURRENT OIL REVENUES. If the US is going to begin spending these oil credits, this will take a great deal of the current oil revenues away from Iraq to pay for it…right? Where are these revenues going to come from? There are still salaries to pay and project to budget. There must be additional oil revenue income too then to pay for these oil credits. Get it? They must therefore increase the capacity of oil and drill baby drill! Also in todays, news we learn that Sumo Oil Marketing Company (SUMO) today announced that the latest agreement with Exxon Mobil will improve its export capabilities and enhance the Iraqi marketplace in the oil field. Also we learned as part of the Tripartite agreement oil will once again begin flowing oil through the Ceyhan pipeline. Take a look at the article titled “IRAQ PLANS TO DOUBLE OIL EXPORTS THROUGH REOPENED KIRKUK-CEYHAN PIPELINE”. Iraq aims to more than double crude oil exports through the reopened Kirkuk-Ceyhan pipeline by next year, according to state oil marketer SOMO. Next year? Did they say next year? All I can add is WOW! WOW! WOW!

Sixth, HOW LONG WILL IT TAKE? Why do we wait so long for the reinstatement? By now it must be apparent to everyone that the RV/Reinstatement must be paid for somehow. In today’s Newsletter I addressed this issue. The question is this – Is this why we are still waiting for the RV for so long in order to get these revenues in place first to pay for it? Also the new very high dinar rate must be sustainable and so Iran must be dealt with too.

We must not forget what we learned from the past news from Iraq. Are you paying attention? I am not presenting these articles to you just as nice to read. They are important and each one begins to connect the dots and display they picture of what is really going on with Iraq. We don’t need all these stupid banks stories or stories about NESARA or GESARA. The Iraqi relationship with the US has changed drastically since Pres. Trump. I think they are still in a bit of shock but they are slowing learning he is not playing games and is serious about all five (5) of these key issues.. Yes sore issues that must resolved. No more delay!

Can Iraq solve them in time for a January reinstatement? So, far we see attention to all of these key issues in the news article we have been reading. We only know what they tell us on the progress. But remember the CBI also needs time to conduct the Project to Delete the Zeros and so will they have enough time unless they begin it very soon. We also know that part of the future clout of Iraq will mean full accession to the WTO and the BIS. These both are still pending. Are they waiting for the reinstatement and go ahead by the US to announce them?

One thing that is very clear to me is that all this effort will come to a convergence at some point in time. There will be an explosion of wealth for Iraq. God has told us through His prophets that he will take care of Iran. So, there is hope there too.

Having said all this today, we know that Iraq and the CBI keep moving ahead. Yes, the uphill battle continues. What new news about progress can I share today?

In the today’s news there are numerous articles once again about the US dealing with the PMF. I encourage everyone to go read these articles and get informed of what efforts are now underway to get the PMF out of Iraq. This is a tricky situation for Iraq and also diplomacy for the US:

“AMERICAN READING: AL-SUDANI IS WASHINGTON’S “HIDDEN” PARTNER IN CURBING THE INFLUENCE OF THE POPULAR MOBILIZATION FORCES.”

“KHAZAL: THE ENTRY OF A US CONVOY INTO IRAQ IS AN INDICATION OF MILITARY ESCALATION IN THE REGION.”
“WASHINGTON CRACKS DOWN ON IRAN-LINKED MONEY LAUNDERING AND ARMS SMUGGLING IN IRAQ”

Chug, chug, chug along the tracks as the RV train moves ahead once again. What other stops must it make along the way to the reinstatement and revaluation?

In concluding today’s Newsletter commentary, I want to make a very strong point. The most important takeaway from today’s new is that the US, under the Pres. Trump administration, needs the RV and Reinstatement of the Iraqi dinar as an integral part of the plan in solving the US debt crisis. In other words, the exchange of our dinar has to happen and has to happen VERY SOON, not years away. Maybe it may not happen on time in January, but if they miss this date, I assure you it is not that far behind. Managing the US debt is at about 1 trillion dollars annually just to pay the interest on the debt. What a waste of money, yet veterans are hungry living on the streets, social security payments are inadequate to live on, postal rates are going crazy and our monthly bills have soared. Yet, the democrats are worried about healthcare for non-citizens and immigrants? What?

This debt issue must be solved. So, when I say this RV has to happen for Iraq’s sake there is much more at stake for Iraq but it must also happen to help repair the damage of the national debt in the US. I firmly believe this will force the US to finally sign off on the restatement and do it soon. If we have been reading the news articles, it is not so hard to see that I am right. We don’t even have to read between the lines either as the CBI just told us they plan to delete the zeros from the currency. It is now right in our face!

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

______________________________

________________________________________

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:

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

Prophetic Words from prophet: Julie Green

“MY UNITED STATES, BRACE FOR IMPACT, YOUR ENEIMES WILL TRY AND STRIKE YOUR LAND”

You can start watching the video at the 17:30 mark. From Oct 5^th.

“YOU NO LONGER HAVE TO SUFFER“

This is a very, very powerful prophetic word and applies to our investment and the wealth transfer that is about to come our way. Be patient!

You can start watching the video at the 15:02 mark. From Oct 2nd.

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

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

SUPREME COURT DROPS NIGHTMARE NEWS FOR DEMOCRATS

JUST BECAUSE THE SYMBOL OF YOUR POLITICAL PARTY IS A “jackass” DOES NOT MEAN YOU HAVE TO BE ONE.

Hee-Haw!

LETITA JAMES: Yes, “NO ONE IS ABOVE THE LAW”.

Now its time to live up to her own convictions. Yes, this time she is the hunted as “no one is above the law”, right? Only this time it’s not “fake charges”.

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.

Is anyone vetting these candidates before they even run for office?

COULD MEAN ‘DECADES IN PRISON’ – LETITIA JAMES PLEADS AFTER DOJ DISCOVERY

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

HILLARY CLINTON’S BENGHAZI COVER-UP COMING TO FORFRONT AGAIN

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.

LETITIA JAMES PATH TO PRISON

FORMER FBI DIRECTOR JAMES COMEY’S PATH TO PRISON

Who will he take along with him? Who’s next?

TIME IS UP FOR HILLARY CLINTON

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?

CENTRAL BANK: GOLD RESERVES REACH 170 TONS, WITH INTENTION TO REMOVE ZEROS FROM DINAR

October 14, 2025

The Central Bank of Iraq announced, on Tuesday, October 14, 2025, its gold reserves and its intention to remove zeros from the Iraqi currency.

Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by Baghdad Today, that: “The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time.”

Khalaf added, “This amount of gold now constitutes 20% of the Central Bank’s total assets, and Iraq currently ranks fourth in the Arab world in gold holdings and 29th globally.”

The Deputy Governor of the Central Bank confirmed that “there is no intention to float the Iraqi dinar exchange rate, so as not to affect the stability of the economy at the present time.”

Khalaf revealed that “there is an intention to remove zeros from the Iraqi dinar to ease the burden of banknote hoarding on the financial sector.”

(Mnt Goat: Oh…banknote hoarding? Have we heard this before? Looks like this is the last CBI alternative to try to retrieve this cash into the banks. What’s nice about this article is that it is the CBI saying this and not some economists.)

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AMERICAN READING: AL-SUDANI IS WASHINGTON’S “HIDDEN” PARTNER IN CURBING THE INFLUENCE OF THE POPULAR MOBILIZATION FORCES.

(Mnt Goat: To me this article says that Al-Sudani is NOT going to help much in ridding Iraq of the PMF. So, will Washington go at it alone? What will be the ramifications to Iraq’s sovereignty?)

The Arab Center in Washington asserted that Iraqi Prime Minister Mohammed Shia al-Sudani has emerged as an unlikely partner for Washington in his efforts to weaken the influence of the Popular Mobilization Forces (PMF).

The Iraqi Prime Minister is described as “walking a tightrope” between asserting Iraq’s sovereignty and maintaining essential relations with Iran and its allied powers. This places the country at a crossroads: whether to remain an arena for proxy competition or enjoy full sovereignty.

The institute explained, in a report it published and translated by Shafaq News Agency, that despite the enormous pressure, Al-Sudani succeeded in maintaining Iraq’s neutrality in the June 2025 war between Iran and Israel, preventing pro-Tehran factions operating within the Popular Mobilization Forces from joining the battle .

According to the report, this balance represents the beginning of a slow reassessment of Iraqi foreign policy, as Baghdad seeks to reduce its dependence on Tehran, consolidate its authority over state institutions, and curb the political and financial influence of the Popular Mobilization Forces.

He added, “The challenge facing Baghdad lies in seeing the Popular Mobilization Forces (PMF) recede into the background without having to confront them, which could destabilize Iraq’s internal peace and stability.”

(It just doesn’t work that way. There will NEVER be peace and a full sense of security as long as the PMF is still in Iraq. Who are they kidding? We know it and they too know it. They are pacifying Iran and that is all they are doing.)

He considered that these cautious steps by Al-Sudani, although firm, point to a potential opportunity for Iraq to regain its sovereignty and pursue a more independent path. Therefore, in light of the upcoming elections, they will either lead to the consolidation of the current regime dominated by armed factions, or open the way to nationalist and reformist forces. They will also limit Al-Sudani’s success in whether Iraq finally transcends being an arena for regional conflict and transforms into a state capable of determining its own future.

The report notes that “one of the factors likely to expand Iraq’s room for maneuver is the internal tensions Iran is experiencing following the Israeli attacks. Despite Iran’s resilience, its strong security apparatus, and its ability to absorb economic pressures, it is constrained by structural weaknesses due to escalating sanctions, economic stagnation, recurring social unrest, and uncertainty regarding the succession to Supreme Leader Ali Khamenei.”

For these reasons, the report concluded, “these pressures have made Iran more dependent on extending its influence abroad, particularly in Iraq, which provides Tehran with an economic lifeline and a strategic lever of influence.”

The report noted that “regional actors are recalibrating their policies,” explaining that “the détente brokered by China in March 2023 eased the hostility between Saudi Arabia and Iran, but did not eliminate their competition for influence.”

He also noted that “Riyadh has coupled its cautious rapprochement with Tehran with a renewed push for direct engagement with Baghdad, through numerous investments in Iraq and its connection to the Gulf electricity grid, while the UAE has moved in Basra to pave the way for Emirati companies to benefit from Iraq’s oil and gas production and consumption.”

In addition, the report pointed to Turkey, which is expanding its presence, particularly in northern Iraq, where it dominates reconstruction contracts in Mosul, and continues to cooperate with Baghdad regarding the fate of the Kurdistan Workers’ Party (PKK) and the development road project.

The report continued, “Although Iran still exerts tremendous influence in Baghdad through its militias and political allies, these moves demonstrate that Iraq is no longer an uncontested arena.”

He added, “Gulf capitals and Ankara are investing in ways to connect Iraq to regional economic networks, skillfully balancing Tehran’s hegemony.” The report addressed Iran’s influence in Iraq, explaining that while Tehran has developed a military, political, and economic entrenchment over the past two decades, the Popular Mobilization Forces (PMF) remain the cornerstone of Tehran’s influence.

TURNING POINT

The report stated that the upcoming parliamentary elections on November 11 could represent a significant turning point in curbing the influence of armed factions, although the likelihood of achieving real change remains uncertain. The report stated that the Sadrist movement, for its part, maintains a strong social base despite its sudden withdrawal from Parliament in 2022, and may re-emerge as a formidable electoral force.

The movements that emerged from the October 2019 protests also retain moral legitimacy, despite their organizational weakness and continued targeting.

These movements could serve as a catalyst for broader reform, according to the report.

The report argues that while Iran-backed factions are unlikely to stand idly by, it says these elections represent an opportunity for nationalist and reformist forces, such as the Sadrists and the October protesters, to challenge Tehran’s hegemony.

He pointed out that any shift in the parliamentary balance could begin to undermine the political dominance of armed factions and restore a degree of sovereignty to Iraq.

A VIEW OF WASHINGTON

The report stated that two decades of instability since the US-led invasion in 2003 have reduced America’s desire for extensive intervention in Iraq, but it still retains its strategic importance to Washington .

He considered that “Al-Sudani unexpectedly emerged as a partner supporting Washington’s efforts. Despite fears of escalation, he was able to maintain Iraq’s neutrality after the Hamas attack on October 7, 2023, and prevented the factions from supporting the besieged Assad regime in Syria before its fall in December 2024. Moreover, during the confrontation between Israel and Iran in June 2025, Iranian officials closely monitored Al-Sudani as he countered the factions’ attempts to launch rockets at Israel from Iraqi territory.”

Al-Sudani also banned, according to the report, the use of Iraqi territory and airspace for attacks on neighboring countries, following the Israeli and American raids on Iran last June.

The report added that “Al-Sudani also sought to limit the financial networks of armed factions. Baghdad also introduced and then postponed legislation to regulate the status of the Popular Mobilization Forces, slowing the factions’ momentum. Electronic surveillance systems purchased with American and international technical assistance were also introduced at customs centers to limit the embezzlement of these factions .”

According to the report, these steps targeting the economic foundations of the Popular Mobilization Forces may be modest compared to the extent of the factions’ control over the state. However, Al-Sudani’s government appears to realize that sovereignty requires dismantling the financial power that supports the parallel factions’ authority, not just security measures.

The report continued, saying that, for Washington, al-Sudani’s actions indicate his willingness to reduce the Popular Mobilization Forces’ economic empire, but without arousing influence against him within his own ruling political coalition.

The report explained that American diplomats in Baghdad responded positively to Al-Sudani’s efforts, including by accelerating energy deals aimed at reducing Iraq’s dependence on Iran. For example, in August 2025, Washington facilitated an agreement for Iraq to double its electricity imports from Jordan, and discussions with Gulf Cooperation Council countries are moving toward the 2026 goal of full electricity interconnection.

The report states that “the challenge now is how to ensure the sustainability of this cooperation without tipping the scales in favor of al-Sudani, who relies on the Coordination Framework to remain in office,” explaining that the perception of excessive closeness to Washington could provoke adverse reactions.

He continued, explaining that “the United States’ policy of supporting Sudan’s sovereignty strategy has been clearly and quietly demonstrated through technical assistance, security training for units such as the Counter-Terrorism Service, and coordination with Gulf investors, rather than making high-profile statements that might undermine his political standing.”

CROSSROADS

The report concluded by stating that “it is impossible to separate Iraqi politics from regional developments and dynamics,” explaining that while Iran considers Iraq to be of strategic importance, the shifting balance of power in the region has enhanced the possibility of the Iraqi state protecting itself from destabilizing external influences and reasserting its authority.

He added, “Iraq today stands at a turning point where a combination of regional alliances, internal Iranian pressures, and the upcoming elections could open the door to reform or lead to further factional control.” He noted that “while Tehran’s influence is effectively entrenched, it is not invincible, as Iran’s networks could erode if national forces, civil society, and external partners join forces.”

The Arab Center in Washington concluded in its report that Iraq’s trajectory is of great importance to Washington and its Gulf partners, as its stability contributes to shaping global energy markets, regional security, and the balance of power with Iran.

He continued, “No regional power currently views Iraq as a threat, which represents a fundamental break with the past.”

He added, “The next chapter in Iraq’s history will determine whether it will remain an arena for proxy competition or emerge as a sovereign state, and the repercussions of the conflict over Iraq will reverberate throughout the Middle East.”

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KHAZAL: THE ENTRY OF A US CONVOY INTO IRAQ IS AN INDICATION OF MILITARY ESCALATION IN THE REGION.

(Mnt Goat: These military forces underscore the Trump administration’s ongoing commitment to countering Iran’s destabilizing activities while supporting Iraq’s long-term stability and independence. These forces are part of the upcoming military action in Iraq against the PMF. The US is forcefully going to remove them, if the Iraq govt does not do it peacefully. There is going to be a “showdown” coming soon. The US is not going not going to let Iraq be a proxy state of Iran.)

Security and strategic researcher Ali Sheikh Khazal asserted that the entry of a large US military convoy into Iraqi territory represents a clear escalation in the US military presence in the region. He noted that this move carries serious field and political implications in light of current regional tensions.

Sheikh Khazal explained to the “Jarida Platform” that “the convoy, which included more than 150 military trucks coming from the Syrian al-Tanf base, is an unusual step and may indicate signs of an imminent war or preliminary moves to expand US military activity in Iraq and the region.”

The researcher added that “the timing of this entry reflects an American desire to reposition its forces and reaffirm its military presence,” warning that the continuation of this approach could lead to an explosion in the security and political situation in the Middle East and push the region toward an open confrontation between regional and international powers.

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GOVERNMENT ADVISOR: MONETARY POLICY HAS ACHIEVED STABILITY IN THE EXCHANGE RATE AND INFLATION.

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that Iraq has achieved unprecedented stability in inflation and prices, noting that inflation in the country is under control and unemployment is declining.

Saleh told the Iraqi News Agency (INA): “For the first time in Iraq’s modern economic era, high growth is being achieved, characterized by stability in the general price level, as the annual inflation rate is stable within what is known as the natural price range or the natural fraction of inflation in the country.”

He added, “Iraq has entered its third year with low growth rates in annual inflation indicators, measured monthly over a 12-month period. These rates fluctuate below 3%, reflecting the success of economic policies, particularly monetary policy, in achieving their goals toward a stable economy. Controlling inflation is the primary goal for maintaining price stability and the purchasing power of the Iraqi dinar.”

He continued: “This decline in annual inflation was accompanied by a significant decline in annual unemployment rates, which fell from 17% to approximately 14%. Monetary policy also succeeded in maintaining the positive effects of the official exchange rate of 1,320 dinars per dollar and limiting the effects of the parallel exchange market on the stability of the pricing system.”

He pointed out that “the government’s support policy, through supporting the grain-producing agricultural sector, providing food and medicine baskets, fuel and electricity subsidies, in addition to customs and tax exemptions, which represent an estimated 25% of total public spending in the budget, or 13% of the gross domestic product, is one of the fundamental pillars of the fiscal policy that has confronted inflation and contributed to limiting its growth.”

He explained that “trade policy, through price defense, by expanding stores that provide consumer and construction goods at stable cooperative prices, has in turn contributed to supporting price stability and combating inflation, thus enhancing the stability of the Iraqi economy.”

Regarding the downsides of this price stability, he noted that “it has encouraged the export of some food and consumer goods, albeit on a limited scale, across borders, allowing other countries to benefit from the stability of basic prices in Iraq.”

He concluded by saying, “Iraq is witnessing a significant price boom, which is an indicator of the success of economic policy implementation. This is a remarkable development, unprecedented in the past ten years, as this stability is reflected in the country’s cash income.”

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WASHINGTON CRACKS DOWN ON IRAN-LINKED MONEY LAUNDERING AND ARMS SMUGGLING IN IRAQ

The U.S. Department of the Treasury announced on Thursday new sanctions targeting individuals and companies accused of helping the Iranian regime evade sanctions, smuggle weapons, and engage in corruption within Iraq.

According to the statement, the Treasury’s Office of Foreign Assets Control (OFAC) took action against networks that assist Iran’s Islamic Revolutionary Guard Corps (IRGC) and its affiliated “militias,” including Kata’ib Hizballah — a U.S.-designated foreign terrorist organization.

The Department said these Iran-backed groups have been instrumental in undermining Iraq’s security and economy by infiltrating state institutions, monopolizing resources through corruption, and obstructing efforts to build a stable and functional Iraqi government.

“Today’s sanctions target individuals and entities that exploit Iraq’s economy to fund Iran’s destabilizing activities across the region,” the statement read. “These militias are responsible for attacks on U.S. personnel and interests, as well as those of our regional allies.”

The new measures include restrictions on bankers accused of laundering money for Iran and a front company allegedly providing logistical support to armed groups operating in Iraq. The Treasury has also designated IRGC-linked operatives based in Iraq who are involved in intelligence gathering, including U.S. forces stationed in the region.

The U.S. government emphasized that these actions are part of ongoing efforts to disrupt financial and logistical networks that sustain Iran-backed armed groups and to protect Iraq’s sovereignty and economic stability.

The latest round of sanctions follows a series of U.S. measures in recent years aimed at curbing Iran’s influence in Iraq and the broader Middle East. Washington has long accused Tehran of using proxy groups, such as Kata’ib Hizballah, Asa’ib Ahl al-Haq, and other factions within the Popular Mobilization Forces (PMF), to expand its regional reach and challenge U.S. interests.

These groups have been implicated in numerous attacks against U.S. and coalition forces, as well as in corruption schemes that divert public resources away from Iraq’s reconstruction and essential services.

Since 2018, Washington has intensified its efforts to target financial networks that facilitate Tehran’s access to global markets through neighboring countries, particularly Iraq. The latest designations underscore the Trump administration’s ongoing commitment to countering Iran’s destabilizing activities while supporting Iraq’s long-term stability and independence.

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IRAQ PLANS TO DOUBLE OIL EXPORTS THROUGH REOPENED KIRKUK-CEYHAN PIPELINE

(Mnt Goat: All I can add is WOW! WOW! WOW! This means double the revenue flow….😊.)

(Reuters) — Iraq aims to more than double crude oil flows through the newly reopened Kirkuk-Ceyhan pipeline by next year, said an official at Iraqi state oil marketer SOMO.

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SUMO: IRAQ NEEDS INTEGRATED PARTNERSHIPS TO IMPROVE OIL PRODUCTION

Sumo Oil Marketing Company (SUMO) today announced that the latest agreement with Exxon Mobil will improve its export capabilities and enhance the Iraqi marketplace in the oil field. “The local agreement with Exxon Mobil represents an important strategic direction for the industry,” CEO Ali Nizar al-Shatri said in a press release Iraqi oil prices and marketing cut to the worst level”

In addition, Exxon Mobil is a world leader in oil, gas and refining, and is a integrated company that possesses the latest technology and offers prices “It is competitive, which makes it capable of playing a role in marketing Iraqi crude oil in different markets.

According to the company, the company has offered to enter into oil and gas-related projects in several regions of the world, especially in Asia, which is responsible for maintaining the market position Iraq supports the economic integration that the agreement provides.”

“Iraq needs a deep opportunity for such agreements with international companies to acquire knowledge and technology,” he said “Iraq not only needs to increase oil production, but also to improve its export capacity by building integrated systems for treasuries and export pipelines Developing the game is like the madman who signed an agreement with Acson Mobile to develop it.

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GOVERNMENT ADVISOR: THE CENTRAL BANK IS LEADING 3 PROJECTS THAT WILL ACHIEVE A BREAKTHROUGH IN DIGITAL TRANSFORMATION

(Mnt Goat: So Iraq is no longer considered a third world country? It’s about time…. Maybe its time to put the dinar in a weighted basket of currencies from other developed nations and get off the sole peg to the US dollar? is that what the CBI now has planned in the short-term?)

Iraq moves to the ranks of developed countries.

Advisor to the Prime Minister for Banking Affairs, Saleh Mahoud, confirmed today, Saturday, that the Central Bank is working on 3 strategic projects for financial transformation, which are the local electronic card, rapid payment, and the billing system, indicating that the Central Bank has timings to complete these projects and achieve a transition in the level of financial inclusion to greater levels.

Mahoud said in a statement to the official agency that followed him: “The Central Bank is currently working on three very important projects that will move Iraq to important and advanced levels”, noting that “these projects are the local electronic card, the express payment, and the billing system”.

He added that “the Central Bank now has timings to complete these three projects in order to achieve a transition in the level of financial inclusion to greater and more levels”, indicating that “Iraq often benefits from global experiences, especially in the financial field and digital transformations.

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AL-SUDANI: RESEARCH CENTERS CONVEY AN INACCURATE PICTURE OF IRAQ AND THE GOVERNMENT IS OPEN TO DIALOGUE

Prime Minister Mohammed Shia al-Sudani said on Saturday that some research and study centers do not convey the true picture of Iraq, due to obtaining their information from unofficial sources, during his reception of a group of expatriate Iraqi researchers. Today, Saturday, Prime Minister Mr. Muhammad Shiaa Al-Sudani received a group of expatriate Iraqi researchers and workers in various research institutions.

His Excellency pointed out the importance of the meeting in maintaining communication and dialogue between the government and think tanks and studies, as well as the role of researchers in crystallizing events and positions, and providing support to decision-makers.

The Prime Minister stressed the government’s keenness to support the country’s security and stability, and its respect for all opinions and orientations, noting that some research and study centers do not convey the true picture of Iraq, due to obtaining their information from unofficial sources.

During the meeting, many discussions took place about developments in the region, the agreement on Gaza, Iraq’s regional and international role, its Arab and international relations, especially with Russia and China, developments in relations with the United States, as well as the relationship with Iran and the government’s measures to limit weapons to the state.

The meeting also witnessed a discussion of the government’s economic plans, its banking reforms, its progress with construction and reconstruction projects, infrastructure, the development road and related projects, the relationship between the federal government and the Kurdistan region of Iraq in light of the recent agreement, the water file with Turkey and Iran, and the Khor Abdullah file.

The meeting touched on the elections file, the importance of broad citizen participation, the relationship between the executive and legislative authorities, as well as discussing the file of Iraqi communities abroad, as well as the government’s procedures and steps regarding the reconstruction of Sinjar.

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THE COURSE OF BAGHDAD’S RELATIONSHIP WITH WASHINGTON HAS TURNED, AND THE RECENT SANCTIONS ARE THE BEGINNING OF A BROADER WAVE

Iraqi official to the Middle East

Asharq Al-Awsat newspaper quoted an Iraqi official as saying that the recent sanctions, which included Iraqi figures, companies linked to the Popular Mobilization Forces, and Iraqi banks, are a prelude to a broader wave that will include additional figures and entities, indicating that these sanctions indicate a negative shift in the course of the relationship between the Trump administration and the Iraqi government, especially with the start of a new phase of cooperation between Baghdad and Washington.

On Thursday, the US Treasury Department announced the imposition of sanctions on a number of Iraqi individuals and companies on charges of supporting Iranian-backed militias, including Kataib Hezbollah, the Quds Force, and the Engineer Company affiliated with the Popular Mobilization Forces, due to arms smuggling, money laundering, and involvement in financial corruption.

While Washington announced the inclusion of a number of Iraqi official and commercial figures and companies linked to the «Popular Mobilization Forces» on the «blacklist», Baghdad fears the expansion of the US sanctions list.

The US State Department announced on Thursday that Washington is targeting «Kataib Hezbollah» and the «Asaib Ahl al-Haq» group, for their role in «circumventing US sanctions, smuggling weapons, and engaging in widespread corruption activities inside Iraq».

An Iraqi official who spoke to «Asharq Al-Awsat» suggested that the sanctions «represent a prelude to a broader wave that may include additional figures and entities in the next stage».

The political official, who requested to remain anonymous, explained that these sanctions «clearly indicate a negative shift in the course of the relationship between the Trump administration and the Iraqi government», indicating that this development comes at a time when a new phase of cooperation has begun between Baghdad and Washington.

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AN ECONOMIC INSTITUTION IS CONTINGENT ON THE SUCCESS OF THE GRAND FAW PORT PROJECT BEING ENABLED BY THE DEVELOPMENT OF IRAQI AIRPORTS.

The Iraq Future Foundation for Economic Studies and Consultations on Friday linked the success of the Grand Faw Port project to strengthening Iraqi airports and increasing their air cargo capacity. Otherwise, the project will not be a major player in the region.

Commenting on the recent Iraqi Business Summit in Basra, held under the theme “Faw Port: Iraq’s Gateway to Investment,” the corporation’s chairman, Manar Al-Obaidi, published an article titled “Faw Port… and the Missing Opportunity Between the Airport and the Seaport.”

Al-Obaidi, who attended the summit, said, “The extent of the port’s infrastructure achievements, the modern facilities, and the implementation mechanism all reflect serious work that deserves praise.” He added, “However, what caught my attention before arriving at the port was my passage through Baghdad and Basra International Airports. These two airports are among the largest in the region in terms of the area allocated for air cargo, as they were originally designed to be platforms for re-export and transit operations, given their distinguished geographical location linking East and West.”

He added that the paradox becomes apparent when looking at the actual figures: the volume of air cargo at Baghdad Airport in 2023 did not exceed 21,000 tons, while Basra Airport recorded only about 5,000 tons.

Al-Obaidi also pointed out that, “In contrast, we find that the numbers in the Kurdistan Region and the world are completely different. Dubai International Airport recorded more than 2.2 million tons in 2024, Istanbul International Airport about 2 million tons, Abu Dhabi Airport about 700,000 tons, and Amman International Airport about 75,000 tons.” He added, “As for Erbil Airport, the volume of air freight reached 19,000 tons, and Sulaymaniyah Airport 3,000 tons.”

The Foundation’s Chairman stated, “This comparison reveals a significant gap between the ability to build infrastructure and the ability to operate it efficiently within a competitive and flexible system capable of seizing opportunities and understanding the true size of the market.”

He noted that “despite its well-equipped airports and integrated infrastructure, Iraq has been unable to compete with regional airports—and even its own local airports in Erbil and Sulaymaniyah—due to the lack of vision, mechanisms, objectives, and leadership capable of transforming potential into achievement.”

Al-Obaidi warned that “anyone who believes that Iraq will succeed in entering the East-West logistics market through infrastructure alone is delusional. Anyone who believes that the traditional government mentality is capable of competing with the region’s ports and airports is also delusional. Anyone who believes that the current bureaucracy can build real competitiveness is even more delusional.”

The head of the Iraq Future Foundation concluded, “If we want the port of Faw to become a major player in the region, we must first empower Iraq’s major airports to assume their natural role in the air transport and cargo system, rather than leaving the stage to small, limited-capacity airports to dominate this vital sector.”

Al-Abidi concluded his remarks by saying, “Big goals may look beautiful on the surface, but if they are not formulated with a comprehensive vision and an effective operational system, they will remain mere deferred dreams that will quickly fade with the first crisis we face.”

(Mnt Goat:Yes, this last statement sums up Iraq for sure…)

The Grand Faw Port is a strategic project in the far south of Iraq, located on the Faw Peninsula in Basra Governorate. It aims to transform the country into a regional trade hub by connecting it to global transportation networks.

The project costs approximately $4.6 billion and covers an area of 54 square kilometers.

Its annual capacity is expected to reach 99 million tons, making it one of the largest ports in the Arabian Gulf and the tenth largest in the world.

The port’s depth is expected to be 19 metres, to accommodate the largest commercial vessels. In 2024, the concrete wall for the quays was completed, the piers were prepared, and work began on the container yard. Work is proceeding in parallel, with a focus on completing the last five projects simultaneously.

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AL-SUDANI’S ADVISOR REVEALS THE DATE OF THE WITHDRAWAL OF THE LAST FOREIGN FORCE FROM IRAQI TERRITORY.

The Iraqi Prime Minister’s security advisor, Khaled al-Yaqoubi, revealed the date for the complete withdrawal of foreign forces from Iraq, pointing to a new “security and military” agreement that will strengthen the strategic framework agreement between Baghdad and Washington.

In a televised interview followed by Al-Jabal, Al-Yaqoubi said, “Iraq is transitioning to a new phase with the United States, for the first time since 2014, following the American withdrawal.” He explained that, “For the first time, we have reached an agreement to withdraw combat forces and transition to a joint bilateral relationship.”

Al-Yaqoubi confirmed the continuation of negotiations between the two countries, the implementation of the agreement on the timetable for the withdrawal of combat forces of the US-led international coalition from Iraq, and the transition to bilateral relations. He said, “Negotiations are ongoing between the two delegations, and it is hoped that we will reach an agreement next month.” He revealed that “a bilateral Iraqi-US military security agreement will strengthen the strategic framework agreement signed in 2008 between the two countries.”

According to Al-Sudani’s advisor, the Iraqi government began implementing the withdrawal timetable agreed upon with the United States on September 30 of this year, and “Iraq will be free of any American combat forces or members of the international coalition by September 2026.”

Al-Yaqoubi praised the role of the international coalition in supporting Iraq in eliminating ISIS and reclaiming its territory from the group’s grip, noting that “after the terrorist groups entered Iraq, an international coalition led by the United States was formed to fight ISIS in Iraq and Syria. The coalition forces arrived under American leadership, and we defeated ISIS, leaving only a few pockets in caves.” He emphasized that “Iraq controls the entire territory, militarily.”

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ONLY TWO US BASES TO STAY IN IRAQ

Two advisory US bases will remain in Iraq, sources said on Saturday, as the withdrawal of American forces continues on schedule under the bilateral security agreement with Washington. The sources told Shafaq News that the bases will host a limited number of military advisers tasked with training and coordination support “as needed.”

Under the plan, all US combat troops will depart by September 2026. Global Coalition personnel — once numbering about 2,000 — will be reduced to fewer than 500, primarily stationed in Erbil, with others redeployed to Kuwait.

Baghdad described the transition as a “restoration of sovereignty” while preserving security and intelligence cooperation with Washington. Iran-aligned factions have hailed it as a “resistance victory,” whereas Kurdish officials backed a limited US presence to help counter ISIS threats in northern Iraq.

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MAZHAR SALEH: TEMPORARY DISBURSEMENT WILL BEGIN ON JANUARY 1, 2026.

The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed that the government will begin temporary disbursements starting January 1, 2026, if the submission of the draft general budget law is delayed or its enactment is delayed before the start of the new fiscal year.

Saleh said in a statement to {Euphrates News} that: “The government will continue to implement its financial activities based on the provisions of the Financial Management Law, and in accordance with the principle of “1/12” of the previous year’s expenditures, specifically the actual ongoing expenditures for that year until the general budget law is approved by the House of Representatives.”

Saleh pointed out that “this measure ensures the continuity of state institutions’ operations and the fulfillment of their financial obligations without interruption until the necessary legislative procedures for the budget are completed.”

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BAGHDAD RESPONDS FORCEFULLY: “IRAQ DOES NOT ACCEPT GUARDIANSHIP”… AND A NATIONAL INVESTIGATION AFTER US SANCTIONS.

In the first official response to the recent US sanctions targeting the PMF General Engineer Company and a number of other Iraqi entities, the Iraqi government affirmed that the rule of law is its red line and that Iraq “rejects any foreign tutelage or interference in its internal affairs.”

The government said in an official statement that the unilateral US decision is “extremely regrettable” and contradicts the spirit of friendship and historical relations between Baghdad and Washington. It noted that making such decisions without prior consultation sets a negative precedent for relations between allied countries.

The Prime Minister announced the formation of a higher national committee comprising representatives from the Ministry of Finance, the Central Bank, the Integrity Commission, and the Financial Supervision Bureau to review the case and submit a detailed report within 30 days.

The statement affirmed that the government protects workers and vital projects, and that any corrective measures will not infringe upon citizens’ rights. It also emphasized its rejection of any financial or economic activity outside national legal frameworks.

The statement concluded by emphasizing that the government is proceeding with its institutional and economic reforms and building a transparent and balanced investment environment that serves the interests of Iraq and its people and enshrines the principle of a strong, sovereign state.

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REPRESENTATIVE: WASHINGTON CONTROLS IRAQI FINANCIAL TRANSFERS AND HINDERS ECONOMIC INDEPENDENCE

(Mnt Goat: With the situation of the occupied PMF militias in Iraq and the lack of concern by the Iraqi govt to get rid of them, shows us that this may be necessary, at least for now. The question going through Washington’s mind is this – Is Iraq even capable of even defending itself against the Iranian-backed proxy takeover? Let’s be real. Having the Iranian PMF is NOT Iraqi sovereignty. So, they talk big about sovereignty but can’t walk the talk.)

Member of Parliamentary Finance, Moeen Al-Kadhimi, confirmed today, Sunday, that the United States of America imposes direct control over financial transfers in Iraq, which restricts the country’s ability to conduct its banking transactions freely and independently, noting that Washington is exploiting this issue to serve its political and economic interests.

Al-Kadhimi said in a statement, “The United States is still exerting pressure on the Central Bank of Iraq through the SWIFT financial transfer system, which prevents Iraq from dealing freely with a number of countries and negatively affects the movement of the national economy.“

He added, “Washington is exploiting this system as a tool for political pressure, controlling the access of funds to a number of sectors and imposing restrictions on foreign transfers, especially those related to trade and imports.”

Al-Kadhimi indicated that “Iraq does not yet enjoy full financial sovereignty due to these interventions that serve American interests without taking into account the needs of the Iraqi market or the requirements of the country’s economic security.”

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BARZANI RECALLS THE 2007 OIL AND GAS LAW: IT WOULD HAVE SPARED US LEGAL TROUBLES.

(Mnt Goat: all I can say is “I told you so”.)

Kurdistan Democratic Party (KDP) leader Masoud Barzani called on Monday for the activation of oil and gas agreements between Baghdad and Erbil, stressing that the 2007 law for investing in this resource would have been a “successful model” had it been implemented on time.

A statement from Barzani’s residence in the Pirmam resort in Salah al-Din, Erbil, received by Shafaq News Agency, stated that the latter received today the former director of the US Central Intelligence Agency (CIA), General David Petraeus, who expressed his happiness at meeting President Barzani again, noting that “the last meeting between them was in the Sahela region in 2016 during the war on terrorism.”

Petraeus praised “the prominent role played by President Barzani and the Kurdistan Region in protecting the security and stability of the region, Iraq, and the wider region, and in confronting the terrorist organizations that emerged after 2003 and posed a real threat to the region and the world, as well as in consolidating the values of peace, democracy, and coexistence.”

In turn, Barzani, according to the statement, welcomed General Petraeus, expressing his gratitude “to the international coalition forces and the United States of America for their effective role in liberating Iraq from dictatorship, and subsequently for their continued support for the Peshmerga forces and Iraqi security forces in confronting terrorism and protecting the stability of Iraq and the Kurdistan Region.”

Regarding the political process in Iraq, Barzani stressed “the necessity of implementing the provisions of Iraq’s permanent constitution as the only way to rescue the country from its political crises,” expressing his hope that “all political forces will work together to find radical solutions to the problems, away from conflicts and mutual hostilities.” Barzani pointed out that “the 2007 Oil and Gas Law could have been a successful model had it been approved and implemented at the time,” stressing that “Iraq would not have faced any legal issues regarding the oil and gas file.”

He called for “activating the recent agreement between the Kurdistan Regional Government and the federal government on this issue and making it a basis for resolving all disputes.”

The statement noted that “the meeting addressed the political situation and developments in the region in general, the situation in Syria, and developments in the peace process in Türkiye.”

In another meeting, President Masoud Barzani received a delegation from the Turkish province of Şırnak, headed by Governor Birol Akiçi.

The media office’s statement explained that during the meeting, the governor of Şırnak expressed his appreciation for President Barzani’s role in promoting the peace process in Turkey, commending his positive stance toward the process, and calling for continued support for efforts to achieve a peaceful solution in Türkiye.

He explained that during the meeting, emphasis was placed on the importance of developing cultural, economic, and trade relations between Şırnak Province and the Kurdistan Region, particularly with Erbil Province.

After more than two and a half years of hiatus, crude oil exports from the Kurdistan Region’s fields via Fishkhabur to the Turkish port of Ceyhan resumed on September 27, at a rate of 190,000 barrels per day.

This step followed several meetings between delegations from the Kurdistan Region’s Ministry of Natural Resources and the federal Ministry of Oil. A tripartite agreement was ultimately reached between the two ministries and the international investing companies, stipulating that exports will be conducted through the Iraqi State Oil Marketing Organization (SOMO), which is responsible for delivering Kurdistan’s oil to the port of Ceyhan.

Kurdistan Region oil exports were halted on March 25, 2023, following an international arbitration ruling requiring Türkiye not to allow the region’s oil exports without the approval of the federal government in Baghdad.

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A BOOBY-TRAPPED MESSAGE OR A PASSING PIECE OF ADVICE? TRUMP THREATENS IRAQ’S OIL… AND WHAT’S BETWEEN THE LINES SPEAKS LOUDER THAN THE SENTENCE.

Looking back at Trump’s first record, his most striking statement stands out: “We want to control Iraq’s oil” as compensation for the cost of liberation. This argument reduces oil to an equation of spoils and power.

Today, at the Sharm el-Sheikh summit, Trump returned to the issue, but with a different tool: a public warning that Iraq “may have a problem” if it does not manage its oil well, describing Iraq as “a country full of oil” with “vast quantities.” With this shift from a discourse of direct control to conditions of management and “testing governance,” the form of influence, not its purpose, is changing.

In the background is intense competition with China, which has built a deep presence in Iraqi fields through its major and independent companies, to the extent that recent estimates indicate a control that extends from “one-third” of production to “nearly two-thirds,” depending on the method of calculation and operating shares in major fields such as Rumaila and similar fields.

In this context, Trump’s statements seem more like a delineation of management guidelines than a reserve count. What is meant is how the value chain is managed from source to balance sheet: regular production and exports north and south, contract transparency, converting revenues into stable electricity, and reducing associated gas waste. Here, “good management” becomes the new name for indirect influence: those who do not adhere to these rules face the “problem” hinted at in the speech, while those who do are granted access to investment and support. In parallel, Washington is dealing with the reality of accelerating Chinese competition: Chinese public and private companies are expanding their stake and aiming to increase their production in Iraq in the coming years, prompting the United States to reposition itself through investment, contracts, and improved security and operating conditions, according to economists.

Observers believe that within this transformation, the “corporate door” is gaining increased importance. After a retreat imposed by attacks on foreign interests, American companies have begun to gradually return to the Iraqi market, presenting the return of investment as a condition for a return to normal relations: operational and security protection, clear legal guarantees, and financing and technical paths to support the southern fields and export projects. This has been accompanied by a remarkable movement to revive old partnerships and sign new agreements, while Chinese companies continue to consolidate their foothold through expansion and development contracts. The entire scene reflects a race for economic and energy influence on Iraqi soil, the results of which are measured by the volume of actual production managed and the identity of the operator and partner in the giant fields, most notably Rumaila.

In terms of messaging, political analyst Adnan al-Tamimi interprets the Sharm el-Sheikh statement as a shift from direct control to indirect management through conditions. He told Baghdad Today, “Trump’s discussion of Iraqi oil was not spontaneous, but carried a clear political and strategic significance.

The US president focused for several minutes on all regional issues, especially the Gaza file, repeating the term ‘oil,’ which reflects the existence of an undeclared US strategy regarding the nature of interaction with Iraq, which possesses large oil reserves and is capable of increasing production thanks to fields still under development.”

This interpretation goes to the heart of the competition with Beijing: every improvement in the regularity of exports and the transparency of contracts strengthens Washington’s investment case, and every setback expands the margin of opportunity for Chinese companies, which have demonstrated their ability to quickly position themselves in medium- and large-scale projects. In this context, al-Tamimi adds that linking oil to the dollar and US economic policy gives the White House a flexible tool for pressure:

lowering global prices when needed by increasing production from trusted partners, and
opening or closing investment valves based on compliance with the rules.

Washington’s transition from “direct control” to “indirect control of management terms” does not seem to negate the goal of influence, but rather changes its tools. Iraq is now measured by its mastery of “barrel mechanics”: stable production, uninterrupted exports, electricity based on captured, not flared, gas, and clear contracts that reassure investors and protect public funds.

Competition with China adds urgency: every point of transparency and regulatory stability gives Baghdad a greater ability to balance the two influences, rather than relying on one of them. At this point, the question of the moment is no longer: Who owns the oil? Rather, it is who has a management plan that makes Iraq’s abundance a bargaining chip vis-à-vis both Washington and Beijing, and transforms “governance” requirements from a tool of indirect control into rules of partnership that guarantee the national interest, according to intersecting political-economic assessments.

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AL-SUDANI’S ADVISOR IDENTIFIES THE REASONS FOR THE GLOBAL RISE IN GOLD AND REVEALS THE VALUE OF IRAQ’S RESERVES.

On Tuesday, advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed the reasons for the rise in global gold prices, noting that Iraq diversifies approximately 15% of its foreign currency reserves into gold.

Saleh told Shafaq News Agency, “There is a violent cycle of strategic asset cycles in the world, led by gold, which has broken the $4,000 barrier per ounce.” He indicated that “the dollar has remained the dominant currency in dollar trade settlements since 1971 until today, dominating nearly 83% of the international payments system and about 50% or more of countries’ official reserves.”

He added, “Despite this, gold remains a standard component of diversifying the investment portfolios of central banks, including Iraq, which diversifies approximately 15% of the value of its foreign exchange reserves into gold. This conservative diversification is considered good in light of the fluctuations in foreign exchange value risks.”

According to Saleh, “The reasons for the rise in gold prices, which has led to increased demand, are due to the fact that gold is considered a safe haven in a turbulent global system,” noting that “geopolitical tensions (Ukraine, the Middle East, Taiwan, etc.) have increased market risks, prompting central banks and investors to turn to gold as an asset that is not dependent on political confidence.”

He emphasized that “the erosion of confidence in the US dollar due to the rise in the US federal debt and the politicization of the use of the dollar in international sanctions has prompted many countries (especially China, Russia, India, Turkey, and a number of others) to diversify their reserves away from the US currency.”

Saleh continued, “Gold has emerged as a monetary alternative in the post-dollar system. Since 2022, BRICS countries and countries of the Global South have been moving towards rebuilding their gold reserves as part of their strategy to reduce reliance on the dollar in inter-trade. China, in particular, purchased more than 300 tons of gold through the Shanghai Stock Exchange in 2024 to bolster the gold yuan and cover part of its non-dollar reserves, and it continues to do so to a large extent.”

Al-Sudani’s advisor continued, “Gold is not treated as an ordinary commodity, but rather as a parallel reserve currency in the making, as it is considered relevant to global monetary policies. Declining expectations of a US interest rate cut have prompted investors to turn to gold, which undoubtedly retains its value as a safe haven.”

Saleh concluded by saying, “The main reason behind the rise is China’s recent rush to buy gold to propel its currency into the global currency club at the required speed, reinforced by the strategic asset of gold. This is the reason behind the rise in global gold prices, as it is the beginning of a currency war between China and the United States, and China versus the trade war between them, and the United States’ threat to raise tariffs to 100% with China.”

Gold prices have skyrocketed in Iraq over the past period, with the selling price of a 21-karat mithqal of gold in Baghdad’s goldsmith shops reaching 820,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 780,000 and 790,000 dinars. In Erbil, the capital of the Kurdistan Region, 21-karat gold sold for 833,000 dinars, and 18-karat gold sold for 715,000 dinars.

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

Just the FACTS!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

October 9, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

October 7, 2025 Mnt Goat News Brief

Guten Tag everyone:

Iraq is working hard to clean up loose ends mandated by the U.S. Will it all come together in time…..tick tock,,,, tick tock…

Yes, it has been a September to Remember……. Now let’s see what October brings.

GIVE A GIFT TO MNT GOAT

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

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

Let’s all try to chip in!

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Acts 20:35

“In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.”

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.

Okay folks, todays Newsletter ties together the upcoming cleaning the house of Iranian militias.

I want to clarify some more bullshit spoken by many of these intel gurus. First, I need to cover this ridiculous notion of a “med-bed” technology to replace hospitals. Read my lips – there is no such thing as a med-bed!. This is all a lie perpetrated for control. Let me explain. There is no science that we have today nor will God allow us to regress our age. Tell me something….why do they tell you they can’t roll out the med-beds until the RV happens? If they have the science, and it is so good for humanity, then why not use it now? Also, they tell you there is no cost EVER for use of the med-beds. Again, then why wait? I will tell you why- Read my lips – there is no such thing as a med-bed! They are pumping you with nonsense. They can’t use the med-beds now because they don’t exist. Get it? They are selling make-believe classes on the med-beds. The med-beds don’t exist. This guy Bruce on the “Big -Stupid-Call” is getting $100 for a couple hours of a downloaded class on the med-beds. This a scam. Get it? This is all total nonsense. They are exploiting you and conning you. Get it?

Next, I need to cover this bullshit about getting an 800 to call to make an appointment to go exchange. Yes, nearly a decade ago the US Treasury did toy with the idea of having a special “hot line” that investors can call if they wanted to exchange their dinar. The thought process was to prevent large gangs of people storming the banks. It was to organize the exchange process. By the way there are no “exchange centers” either. That too is such nonsense. The banks will simply exchange your dinar at the bank, as they normally exchange currency. They may set up special rooms and hire additional personnel to handle peak loads of exchangers. It is a very good idea to call before and make an appointment. Use the 800 number or local banks number available for this purpose today. There will be no “special 800 numbers, get it? There will be no special 800 numbers. So, get this stupid, ridiculous notion out of your head. We are not waiting for 800 numbers. To prove what I say I will add that this idiot TNT Tony just came out and told his merry gang of followers that there will be a “special” 800 number just for his internet gang. Really? This will allow them to get a better rate. Folks, please stop, it I am rolling over laughing…. Lol…. Lol…. Lol…. 😊 😊 😊 How stupid! Oh… yes did I forget to tell you that this same idiot TNT Tony, the scammer, is also going to charge $1,000 per month from his little band of idiot followers to join his new investment calls post-RV. Does this guy even have a license as a Financial Planner? I am sorry but if you can’t recognize a scam, then I can’t help you. Go ahead and make a fool of yourself. Yes, I mean all you TNT idiots reading this Newsletter today.

I just wanted to say to stay away from these people. The all are scammers and this is the scam in the RV. Get it? This is why people call this a scam. It is true it is a scam and these are the scammers. But the investment is real and I certainly hope all of you can recognize these idiots and stay away from them. Spend your money wisely, buy more currency, gold or silver if nothing else. These scammers are part of the problem not the solution to getting good, honest, truthful intel about the Iraqi dinar.

Now I want to cover the most recent information about the RV.

If you recall, and you all should, I presented five issues the U.S. had with Iraq that needed to be resolved prior to any reinstatement. One of them was the expulsion of the People’s Mobilization Forces (PMF) from Iraq. Today I am going to give you an update on this issue, including the progress being made.

If you recall in my 08/07 Newsletter I talked about a law before the Iraqi Parliament that would legalize, legitimize the PMF, essentially legalizing Iranian influence in Iraq and making them a puppet state of Iran. It would also give them social benefits $$$, which the Iraqi people as a whole don’t want to do. So, the U.S. has other plans for Iraq and objected to this blatant disregard for Iraqi sovereignty.

In my 8/21 Newsletter, an article titled “TRUMP ADVISOR: US SANCTIONS ON IRAQ ‘SEVERE’ IF PMF LAW PASSED”. I quote from the article

“Gabriel Soma, a member of US President Donald Trump’s advisory council, warned on Wednesday, August 20, 2025, of “harsh” US sanctions awaiting Iraq if the Popular Mobilization Forces (PMF) law is passed” “Some components of the Popular Mobilization Forces receive support from Iran, and Iraq does not need the Popular Mobilization Forces with the army,”

The PMF law never even went before parliament for a vote and it was rejected. Then about a month later, the U.S. designates four (4) of these PMF organizations as terrorist organizations. See article below:

☹ This one is from my 09/18 Newsletter titled “WASHINGTON OFFICIALLY DESIGNATES FOUR IRAQI ARMED FACTIONS AS “TERRORIST” ORGANIZATIONS.”

The US State Department announced on Wednesday that it had designated four Iraqi factions it described as “allied with Iran” as foreign terrorist organizations.

The ministry said in a statement published on its official website, and seen by Shafaq News Agency, that:

the al-Nujaba Movement,
the Sayyid al-Shuhada Brigades,
the Ansar Allah al-Awfiya Movement, and
the Imam Ali Brigades

These PMF organizations were designated as “specially designated global terrorists,” noting that Iran, as “the world’s largest state sponsor of terrorism,” continues to provide support to these “militias,” enabling them to plan, facilitate, or carry out attacks across Iraq.

When we read the news over the last couple days, it becomes VERY CLEAR that the next coming step is for the U.S. to take divisive ACTION. Yes, action by the U.S. forces is about to begin to expel these terrorist organizations out of Iraq. This action dominates the news this period of time for a reason. Get it? Do you think this is important to us investors? Do you really think the U.S. is going to RV and Reinstate the dinar knowing that Iraq is a puppet state of Iran? Of course, it is NOT as my contact in the CBI told me over a month ago that this list of the five issues must be resolved first and the PMF is one of them. Also, just common sense on our part goes a long way and should dictate to us what is happening. Don’t let these stupid intel guru idiots talk you out of your common, God given sense and to interfere with your thinking on these matters.

I encourage everyone to go read carefully these two articles I list below. They are all about the expulsion of the PMF from Iraq. It is going to happen soon and convoys of U.S. troops are already mobilized in Iraq. All of these articles are in the Articles Section of the Newsletter:

😊“AMERICA MOVES AGAINST THREE SHIITE GROUPS IN ADDITION TO THE RAFIDAIN BANK IN IRAQ.”

“These militias are actively working to undermine Iraq’s sovereignty, weaken its economy, and launch attacks against American personnel and interests throughout the Middle East,” Piggott continued.

😊 “THE TRUMP ADMINISTRATION SENDS A “WAR MESSAGE” TO IRAQ: HINTS AT DECISIVE ACTION.”

The US State Department issued a stern warning to Iranian-backed armed factions in Iraq on Thursday, vowing to act “decisively” to protect US interests.

A State Department spokesperson told Shafaq News Agency, “The designations of Iran-backed terrorist organizations simply make one thing clear: these groups use terrorism to attack Americans in Iraq in service of Iran’s interests, and have done so for decades. They also exploit Iraq’s economy to fund Iran’s terrorist activities around the world.”

What do you think is the next step of the U.S. in Iraq about these militias?

The question arises as to how Trump will “legally” justify this move of removing these Iranian backed militia by force, if necessary. The problem arises when the US senate unanimously just endorsed the repeal of 2002 Iraq war resolution. How can Trump now legally justify this new military action in Iraq to expel the PMF? Many say he may use the separate 2001 authorization for the “global war on terror” and it would remain in place. 😊 For more information on this issue please go read the article titled “US SENATE UNANIMOUSLY ENDORSES REPEAL OF 2002 IRAQ WAR RESOLUTION”.

I just want to add that the news on this issue of the PMF is all good so far and is moving along now that the Trump administration has finally begun to recognize Iraq’s potential and get the U.S. companies invested there. But first things first as Iraq must be stable and safe for the U.S. to come in and play. We can see the urgency to remove the PMF as the January 2026 timeframe looms for the reinstatement in the distance. Please go re-read my 9/16 newsletter on the subject of these five (5) issues that must be resolved. I will keep going back to them and give updates on them periodically.

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What I can’t understand is comments made in my blog like the one below and I quote from it:

“Thank you MG, you may disagree but the Iraqi people are tired of slow unfulfilled promises from Sudani, no increased purchasing power, all the companies flocking in, no final HCL, and delay after delay all talk. That being said I do not feel like he is a shoo-in for re-election and if he wants to be assured of keeping his position he better do what needs to be done ASAP! Get the rate changed.”

Yes, I do disagree. I agree it is taking too long already but it is out of our control. You can thank Barrack Obama for that. Remember who you VOTE for. It is too early to see. So, let’s breakdown this comment. Seems if one person feels this way maybe there are others too?

First, who says that al-Sudani’s promise of a rate increase is not going to happen. It is only early October and my CBI contact told me they are planning for early January reinstatement. Can’t you see them chipping away at these five issues?

We all know they must first do the Project to Delete the Zeros. This is what we should all be concentrating on first. We all know there is planning involved. I also just told you that these five (5) issues from the U.S. must be resolved. I have been giving you updates on the progress of these five issues.

About the election, I feel al-Sudani will win the election as we just heard in the news that he is favored by the U.S. Whatever candidate the U.S. favors is always the prime minister. Why is he favored so much? Just look at his record of success for the last three (3) years. How can you feel he has done little. Are you blind? You have to be kidding me…right? Look at all the progress and the coordinated work of the CBI and Finance Committee (his cabinet ministry) so far in the reforms? Are you blind? Have you not read my Newsletters? He did in three years more than any prime minister in the last twenty years since the invasion of 2003.

😊Take a look at article titled “IRAQI ELECTIONS: AL-SUDANI’S BALANCE GRANTS HIM US BLESSING FOR A “SECOND TERM”. It says the upcoming Iraqi elections represent a major turning point in the country’s history, potentially reshaping the political system. There appears to be an early indication from the United States that it is prepared to engage with Mohammed Shia al-Sudani if he serves a second term as prime minister, according to the oil-focused website Oil Price.

What else is in the news…..

😊 Meanwhile the Banking Reform Plan continues and we see in a recent article titled “AL-SUDANI CONFIRMS THE CONTINUATION OF FINANCIAL AND BANKING REFORM.”

“As part of its efforts to enhance transparency, consolidate governance, and enhance the credibility of state institutions before the international community, the government, headed by Prime Minister Mohammed Shia al-Sudani, continues to implement comprehensive reforms based on applying best financial and administrative practices, combating corruption, and ensuring compliance with laws and regulations, contributing to building a modern national economy.”

What about bringing investors into Iraq?

As we all know Iraq will need massive investment money to bring about the Development Road Project and others. In the news from Iraq this period we also read about incentives and a swarm of investors coming to Iraq. Please read the articles I list below:

😊 “SECURITIES ANNOUNCES THE ACCEPTANCE OF FOREIGN INVESTORS TO TRADE IN THE IRAQI MARKET”

“The Securities Commission announced today, Tuesday, the acceptance of foreign investors to trade in the Iraqi market, while indicating that it contributed to providing a grant of four billion dinars to the Iraqi markets.”

😊 “THE IRAQ DEVELOPMENT FUND SIGNS MEMORANDUMS OF UNDERSTANDING WITH (4) MAJOR COUNTRIES”

“The Iraq Development Fund announced today, Tuesday, the signing of memorandums of understanding with 4 major countries, indicating that Japan’s aid to Iraq amounts to billions due to its importance to it.”

😊 “WORLD BANK: IRAQ’S ECONOMY TO LEAD ARAB REGION IN 2026 WITH 6.7% GROWTH”

“According to the World Bank, Iraq’s economy is expected to record the highest growth rate among Arab countries in 2026, reaching 6.7 percent.” Folks this is enormous growth for any country, never mind a middle eastern country. Guess they are not just riding camels anymore…..lol..lol..lol..

I want to look at just one more subject matter as it is directly related to getting the Oil and Gas Law which is also needed as one of the five issues facing Iraq prior to the reinstatement. It is dealing with consistency in the payment of salaries to Kurdistan on a regularly scheduled basis. Remember all the havoc in negotiations leading to the tripartite agreement has led to months passing without any salaries. This was not the first time. But what about the 2025 budget and exposing the budget tables all these intel gurus kept telling you about? What did I say about them way back months ago? Could it be the lack of oil revenue when Kurdistan stopped pumping due to these conflicts with the salaries? Could it be the Baghdad govt simply moved these projects to the 2026 budget? Now that the oil is flowing again what will the 2026 budget look like. Please don’t tell me the RV rate will be in it. I will pass on this nonsense.

😊 “SUDANESE ADVISOR: 2026 SALARIES ARE FULLY INSURED AND THIS IS THE DATE FOR SUBMITTING THE BUDGET”

The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, reassured the government’s ability to fully secure salaries for next year 2026, considering any talk to the contrary to be tantamount to “confusion”. Counselor Saleh’s statement came one day after a similar confirmation was issued by the Finance Committee in the House of Representatives in this regard, where the committee reported in the Official Gazette that “the government has guaranteed the full salaries of employees, retirees and those entitled to social care,” explaining that “the limited delays that occurred in the past months were for technical and procedural reasons only, and have nothing to do with weak funding or the general financial situation.”

(Did you read this last paragraph? This statement and the title of the article is of course is horseshit & nonsense since we all know it was all political and Baghdad held back the salaries due to lack of negotiations breakdown with Kurdistan on the oil situation. They are fooling no one! 😊)

The advisor told the Official Gazette on Wednesday, October 8, 2025, that “the financial authority began preparing the 2026 budget last July, and it will be submitted to the House of Representatives after its completion, expressing his hope that the results will be approved after the House of Representatives elections are held.”

(Yes, if you recall last July is about the time they told us they would not release the 2025 budget tables. At that time they already decided to rollover 2025 to 2026. They are going to roll over these projects from 2025 to 2026. The Iraqi fiscal year begins in January not October. They always want to complete the next years budget by October leaving two months to get it passed. This was due to lack of funding to do them in 2025 and this was due to Kurdistan’s oil being shut off. Get it? Again, there is no RV rate in the 2025 budget tables. I told everyone million times already and so please let this idea go. It is only intel guru talk. Get it? This January would be a perfect time to release the dinar on FOREX with a new rate to fit the new budget.)

So, here we sit it’s almost mid-October already and still no lower denominations issued. The transition to the newer, lower notes has not yet happened. Will it happen? I can only say according to what my CBI contact is now telling me from my Wednesday call to Iraq. She said they are still moving ahead and should expect more educational videos and news to come out to re-educate the citizens. I also believe that this would make a huge dent for al-Sudani in getting reelected for another four years. The clock is ticking… tick..tock..tick..tock…

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:

Prophetic Words from prophet: Julie Green

“THE REAL SHOW IS ABOUT TO BEGIN”

In my last Newsletter I presented a prophecy from God to Julie called “There is a war going on that is about to intensify”. This prophecy today is like a continuation of that one and God explains even more, but you can imagine just from the title what is about to happen to these corrupt officials in the government of the U.S.

Remember that I told you that the “reset” is multi-faceted. It is not just a financial reset or “currency” reset, as many of these intel gurus tell you. But also, a governmental reset away from this globalization and this ridiculous one world global governance ideology that, by the way is ruining our nations.

So, today we have a very powerful prophecies tied to these changes that are about to hit us. Are you ready? Are you prepared?

You can start watching the video at the 13:32 mark. From Oct 4^th

“YOU NO LONGER HAVE TO SUFFER“

This is a very, very powerful prophetic word and applies to our investment and the wealth transfer that is about to come our way. Be patient!

You can start watching the video at the 15:02 mark. From Oct 2nd.

“The Dismantling of the United Nations”

You can start watching the video at the 17:00 mark. From Sept 26^th.

I am going to leave this one up for a bit longer. Everyone needs to listen to this one. The UN has been the problem with the world all along and its globalist ideology.

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

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

PAM BONDI STUNS DEMOCRATS

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. Of course, he sat in jail already for years because of it. 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.

LETITIA JAMES PATH TO PRISON

FORMER FBI DIRECTOR JAMES COMEY’S PATH TO PRISON

Who will he take along with him? Who’s next?

TIME IS UP FOR HILLARY CLINTON

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?

PELOSI MAKES EPIC RANT: ‘GO FK THEMSELVES’.**

Really now, is it time for Pelosi to melt away out of politics or should we move to investigate her insider trading as the speaker of the house. If she really wants to play hard ball we have the evidence to lock her up too. If I were her, I would take a low, very low profile and stop the rants. The hammer is not selective!

WHO IS HELPING TO FUND THESE RIOTS IN THE U.S.?

We’ve all see the piles of bricks on street corners being supplied to protestors during the BLM and other riots. Who is paying for these and doing this? Also why do these rioters have gas masks and other riot gear. Who is paying for these supplies? Let’s take a deeper dive into this issue today. We all need to understand how they are orchestrating this takeover of the U.S. one day at a time, one riot/protest at a time, one crisis at a time.

The US Constitution, under the First Amendment, guarantees the right of Free Speech and to protest your Grievances against the government. These paid protestors are not the voice of the people. Their agenda is not sincere. These are not organic protestors with legitimate causes. Their agenda is radical and comes from whomever is funding them and pays them. Sure they may join organic causes but go crazy with demands and riots. Most could not even care less about the causes/issues they protest for. Oh… but you might say you have proof that some protestors are not paid. Really? Well… I have to the proof today that they are. You would be right in some small extent as I said some are organic, justified causes and they should be protesting. There are many smaller organic protests and so I don’t want to criticize them. We should all be VERY concerned about the larger, organized protest that are violent or on the cusp of violence. These are the ones organized by backers who want a crisis and these protests, the leaders are paid even if the protestors are not. They using the organic protestors and they don’t even realize it.

In most cities, protests need a permit to be legal. So, who is legally permitting these protests without doing research into the groups conducting them. Are these solely the BLUE democrat states and woke politicians? Go figure…

Why are they doing this?

Simply put, it is a well-organized orchestrated Communists/Marxist Party (CCP) effort to destroy the west and everything America stands for. It could not be any clearer after watching this video today. Please watch it.

They need the west to fail. When I say wes,t I mean all the major democratic, constitutional republics of the developed nations, especially the U.S. The proof is all there, but you have to wake up and see it.

What can we do about it?

Next you have to write, call, text, tweet or whatever you representatives and tell them these organizations need to be investigated, defunded somehow, disbanded and shutdown. Do you think it is time to end this funding? Do you think it’s time to end these Marxists indoctrination centers of our children from these organizations? Why do you think these young people protests so much?

THE TRUTH ABOUT POCAHONTAS WE ALL NEED TO KNOW. WAS TRUMP CORRECT?

Yes, another corrupt politician that slivered her way into a position of power.

EXPECT MORE CHARGES AS COMEY ALREADY FACES LYING TO CONGRESS AND OBSTRUCTION

FORMER FBI DIRECTOR JAMES COMEY INDICTED

Folks, you may poo poo this recent event with Comey, but when you do, you are not realizing the full impact this is going to have on cleaning up the rest of the corrupt garbage in our government. The flood gates are about to open on these indictments and this is just the trickle. Remember God, through His prophets, told us there will be accountability for their actions. First we needed a government that will be brave enough to confront them and expose them. Then a U.S. Attorney General honest enough to indict them and prosecute them. Please watch all three videos there are bits of info in each to inform you.

COMEY INDICTMENT WILL HAVE A ‘CASCADING EFFECT’

MORE INDICTMENTS TO COME….IS JOHN BRENNAN NEXT?

Let the cascade begin! Evidence against him and many others have been submitted to the grand jury for review. Who’s next? When will they finally go after Barrack Obama?

THE “GREEN SCAM”. WE NEED TO HONOR THE TRUTH ABOUT THIS NARRATIVE FROM THE UN. ARE WE BEING SCAMMED?

Is it time to wake up?

The next video is long but chock full of information on the impact of not thinking through and using common sense on the climate change scam and doing a knee-jerk reaction.

What is it all really about then?

SUDANESE ADVISOR: 2026 SALARIES ARE FULLY INSURED AND THIS IS THE DATE FOR SUBMITTING THE BUDGET

Counselor Saleh’s statement came one day after a similar confirmation was issued by the Finance Committee in the House of Representatives in this regard, where the committee reported in the Official Gazette that “the government has guaranteed the full salaries of employees, retirees and those entitled to social care,” explaining that “the limited delays that occurred in the past months were for technical and procedural reasons only, and have nothing to do with weak funding or the general financial situation.”

Saleh added that the budget is one of the priorities in the lives of the Iraqi people, “as government spending constitutes nearly 50 percent of the gross domestic product, and more than 85 percent of it is economic activity that may be affected by this spending if it is delayed, and the picture may seem blurry,” stressing that approving it at the appropriate time gives confidence to the street that the country is stable in terms of investment, work and the market.

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WORLD BANK: IRAQ’S ECONOMY TO LEAD ARAB REGION IN 2026 WITH 6.7% GROWTH

According to the World Bank, Iraq’s economy is expected to record the highest growth rate among Arab countries in 2026, reaching 6.7 percent.

The World Bank said Tuesday that the strong projection marks a significant improvement compared to June 2025 forecasts. The growth is driven by energy sector recovery, increased oil exports, and government efforts to boost infrastructure investment and diversify revenue sources.

“This forecast is a positive indicator of Iraq’s economic recovery and renewal of activities amid global and regional challenges,” the report stated. Djibouti ranked second with an expected growth of 6.1 percent, followed by Qatar (5.3%), Palestine (5.1%), and the UAE (5%). Saudi Arabia is projected to grow by 4.3 percent, while Egypt and Morocco each record 4.2 percent. Lebanon, Oman, and Libya range between 3.5 and 3.6 percent.

Algeria, Bahrain, and Kuwait are expected to post growth rates between 2.5 and 3.1 percent, while Jordan and Tunisia remain below 2.7 percent, and Yemen’s growth is projected to stay flat at 2.5 percent.

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AL-SUDANI CONFIRMS THE CONTINUATION OF FINANCIAL AND BANKING REFORM.

As part of its efforts to enhance transparency, consolidate governance, and enhance the credibility of state institutions before the international community, the government, headed by Prime Minister Mohammed Shia al-Sudani, continues to implement comprehensive reforms based on applying best financial and administrative practices, combating corruption, and ensuring compliance with laws and regulations, contributing to building a modern national economy.

In this context, the Prime Minister received a delegation from KPMG, a global auditing and financial consulting firm, yesterday, Tuesday. They reviewed existing cooperation with the Iraqi banking sector, ways to support transparency, and enhance the country’s financial reputation internationally. Al-Sudani emphasized that banking reform has become a model of commitment and trust, praising the pivotal role of financial audit firms in consolidating governance and professionalism.

He emphasized the importance of leveraging the company’s expertise in restructuring government companies and raising their operational efficiency, managing public debt, and drafting contracts for major strategic projects. He also affirmed the government’s support for the Central Bank and the Trade Bank of Iraq to ensure the rapid completion of audit tasks in accordance with international standards and the timetable for issuing banks’ final accounts. Regarding administrative reform, the Prime Minister chaired the 40th regular session of the Council, during which he discussed the general situation and took the necessary decisions. In light of the unified report on violations of Law No. 28 of 2019 on the Cancellation of Financial Privileges for Officials, Al-Sudani directed all government agencies to comply with the law and return any excess vehicles or protection within seven days, while referring those who refrain from doing so to the Integrity Commission to ensure the protection of public funds and promote a culture of accountability.

The Council also voted to appoint (15) general managers in various government departments, while it decided to dismiss the Director of the Investments and Contracts Department at the Ministry of Electricity and transfer him to a lower level, based on performance evaluation. These decisions reflect the government’s keenness to achieve administrative reform, enhance efficiency, and link responsibility to accountability, in line with the comprehensive objectives of the government’s program for economic and financial reform.

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SECURITIES ANNOUNCES THE ACCEPTANCE OF FOREIGN INVESTORS TO TRADE IN THE IRAQI MARKET

The Securities Commission announced today, Tuesday, the acceptance of foreign investors to trade in the Iraqi market, while indicating that it contributed to providing a grant of four billion dinars to the Iraqi markets.

The Chairman of the Securities Commission, Faisal Lahims, told the Iraqi News Agency (INA): “The Commission has achieved influential accomplishments in the Iraqi economy, including regulating the work of unlicensed brokerage companies in trading in the financial markets outside the Iraqi Financial Authority. We have worked to correct this situation, and now we are in the process of licensing responsible companies by the Commission to undertake this task.”

He added, “The Authority has achieved accomplishments in keeping pace with the digital development in trading on the Iraqi Stock Exchange, and participating in an exchange platform with the Abu Dhabi Stock Exchange, which will introduce us to ten new markets, in addition to accepting investors from these markets to trade on the Iraqi Stock Exchange,” indicating that “the Authority was able to provide government support to the Iraqi financial markets by overcoming difficulties by developing the trading system and providing them with a grant of four billion Iraqi dinars.”

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AL-SUDANI AND BARZANI AGREE ON A US-SPONSORED FINANCIAL DEAL. IRAQ IS LOSING ITS WEALTH TO ERBIL.

Recent amendments to the Iraqi budget have sparked widespread controversy over the granting of illegitimate financial privileges to the Kurdistan Region, amid accusations by MPs and government opponents of foreign influence over the country’s financial policies.

Amid ongoing disputes between the federal government and the Kurdistan Region over the distribution of financial resources, the budget amendment has intensified criticism, with Kurdish officials accused of exploiting public funds for personal political gain.
Political deal or constitutional amendment?

Independent MP Yasser al-Husseini criticized the passage of the budget amendment, describing it as “serving foreign agendas at the expense of national autonomy.” He added that the Kurdistan Democratic Party (KDP) tends to prioritize its partisan and personal interests over the fair distribution of funds among citizens in the region.

Al-Husseini told Al-Maalouma, “Talk about autonomy and adherence to the constitution is unrealistic in light of the weakness of state institutions and the efforts of some parties to please the US at the expense of the interests of the Iraqi people.” He stressed that “the continuation of these policies confirms that some forces continue to prioritize foreign interests over national autonomy, which requires a firm national stance to preserve Iraq’s wealth and prevent its exploitation to serve non-Iraqi agendas.”

Financial Flexibility Raises Concerns
In turn, economic researcher Abdul Salam Hassan Hussein pointed out that the budget was designed with great flexibility, allowing the region to dispose of oil revenues without clear restrictions. This opens the way for the funds to be used to pay off debts rather than develop the local economy.

(Sounds to me this should be included in the Oil and Gas Law as to how the oil funds will be used for clarity and making it law to end these kinds of disputes. Remember that this is already in the new Iraqi constitution however it says they need a referendum, a law to detail it out and clarify it. This is the pending Oil and Gas Law.)

Hussein added to Al-Maalouma, “The constitutional laws are clear, but political pressures allow for circumventing difficult provisions and passing decisions without strict adherence to the constitution.”

Persistence of Old Crises
Observers point out that the financial relationship between Baghdad and Erbil suffers from a lack of oversight and transparency. The region has continued to manage the oil fields and deduct funds for more than two decades without any real change, which increases fears of a recurrence of political deals that ignore the interests of the Iraqi people.

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THE IRAQ DEVELOPMENT FUND SIGNS MEMORANDUMS OF UNDERSTANDING WITH (4) MAJOR COUNTRIES

(They are rebuilding Iraq and providing essential services.)

The Iraq Development Fund announced today, Tuesday, the signing of memorandums of understanding with 4 major countries, indicating that Japan’s aid to Iraq amounts to billions due to its importance to it.

The Executive Director of the Iraq Fund for Development, Mohammed Al-Najjar, said in a statement to the Iraqi News Agency (INA): “The Iraq Fund for Development is open to all countries of the world, and we have several memoranda of understanding with a number of countries, including three memoranda of understanding with the French side, two memoranda with Britain, two memoranda with America, in addition to memoranda of understanding with Japan.”

He pointed out that “the interest in the memorandum of understanding with Japan is that they show importance in their presence in Iraq because there is billions in aid to Iraq and since the eighties they have supported Iraq and Iraq was the most important country for Japan.”

He explained that “the memoranda of understanding with Britain have been signed, and the French memoranda will be signed soon, as the memorandum includes a water project and another project to recycle sewage water and convert it into irrigation water, and this reduces the momentum for Iraq in water scarcity.

As for the third memorandum, it came about the use of Shatt al-Arab water cleaning stations, and these are ready projects and will be quickly signed.”

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IRAQI ELECTIONS: AL-SUDANI’S BALANCE GRANTS HIM US BLESSING FOR A “SECOND TERM”

The upcoming Iraqi elections represent a major turning point in the country’s history, potentially reshaping the political system. There appears to be an early indication from the United States that it is prepared to engage with Mohammed Shia al-Sudani if he serves a second term as prime minister, according to the oil-focused website Oil Price.

The website noted the presence of several vital geopolitical issues, with China currently controlling two-thirds of Iraq’s oil production, while the United States and its allies are intensifying their multibillion-dollar investments in the energy sector to counter growing Chinese influence.

According to the US report, translated by Shafaq News Agency, the Iraqi elections scheduled for November could represent a pivotal turning point since the overthrow of former President Saddam Hussein in 2003. The report noted that the voting process, and the subsequent steps to select a president and appoint a prime minister, will be complicated by the absence of conclusive electoral results due to the proportional representation system. The report considered this process to be crucial not only for Iraq, but also for all major powers in the world in the coming years.

The report explained that there are significant stakes for the United States and China, as evidenced by the size and scope of their investments in Iraq’s main economic driver, the energy sector. It indicated that Washington lost much of its influence on the ground over time after the overthrow of Saddam Hussein, while China took advantage of this vacuum, with the help of both Russia and Iran.

He added that this shift in Iraq’s engagement with China rather than the United States has accelerated since 2018, following Washington’s withdrawal from the nuclear agreement with Iran, which uses Iraq as an arena for its “insurgency.” It further accelerated after the end of the US combat mission in Iraq in December 2021, coinciding with escalating tensions in the trade war between Washington and Beijing. These factors have prompted China to accelerate its investments in Iraq without significant restrictions.

According to the report, Chinese companies now manage more than two-thirds of Iraq’s oil production, control more than a third of its proven oil reserves, and hold controlling stakes in several vital oil and gas infrastructure projects, including ports and refineries.

In contrast, the United States and its allies, particularly Britain and France, have begun to counter this Chinese expansion by pumping massive investments into giant oil and gas projects, after years of hesitation due to corruption concerns. In this context, the report cited projects by TotalEnergies ($27 billion) and BP ($25 billion). At the same time, the report stated that Russia continues to play its role, as mapped out by Beijing, by deepening the rift between the federal government and the Kurdistan Region.

The report indicated that these conflicting pressures are weighing heavily on current Prime Minister Mohammed Shia al-Sudani, whom it described as the most likely candidate to retain his position. The report praised his ability to maintain a delicate and exceptional balance between the various forces without unduly disturbing any party.

The report found that al-Sudani has primarily adopted a pragmatic approach. Despite his affiliation with the Shiite bloc, he belongs to the most moderate of its three main factions. His approach has been characterized by small, consistent steps in several areas, including the addition of major energy projects with major powers, the implementation of new infrastructure projects for roads and refineries, and the fight against corruption. This has had a positive impact on the return of major Western oil and gas companies to work in Iraq.

The report quoted sources close to the Iraqi Ministry of Oil as saying that Western companies are now largely satisfied with elements of the current contracts, which had previously been a source of concern, particularly regarding transparency.

According to a prominent source within the ministry, “Many Iraqis view al-Sudani as a centrist figure within the Shiite bloc, more nationalistic than the Coordination Framework, which is close to Iran, and less religious than the followers of Muqtada al-Sadr.”

The source added, “These voters hope that the Sudanese electoral coalition (Reconstruction and Development) will secure enough additional seats—perhaps around 50—to have a decisive influence in post-election negotiations, whether in selecting the president or naming the prime minister.”

Despite the Sadrist movement’s boycott of the elections, the report indicated that many of the movement’s voters may be inclined to support al-Sudani’s moderate nationalist agenda, rather than the pro-Iranian forces within the Coordination Framework.

The report indicated that a number of Shiite factions remain ideologically, financially, and strategically linked to Iran, and some have direct ties to the Popular Mobilization Forces. However, the report quoted the source as saying, “The desire to continue this deep relationship with Iran has begun to decline, especially among Iraqi youth.” The report suggested that al-Sudani likely received support from Qais Khazali and Asa’ib Ahl al-Haq, despite former Prime Minister Nouri al-Maliki’s attempts to obstruct such support. The report noted that al-Maliki’s position appears to be tied to his personal ambitions to return to the premiership (or should we say ideas of a dictatorship).

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NECHIRVAN BARZANI: WE ARE EXPERIENCING A SITUATION SIMILAR TO THAT BEFORE2003, AND WE ARE APPROACHING THE MOST IMPORTANT ELECTIONS.

Kurdistan Region President Nechirvan Barzani said that Iraq is currently experiencing circumstances similar to those the region experienced before 2003, while indicating that the upcoming elections are the most important and a gateway to a new phase.

Barzani explained in a dialogue session during the Middle East Forum (MERI) held in Erbil, that “the Kurdistan Region before 2003 was experiencing a situation similar to what Iraq is experiencing today, and perhaps we were not facing the current economic crisis in this way.”

He added, “The Americans convinced us at the time that a new Iraq would be built on the foundations of democracy and federalism, and we, as Kurds, especially the Kurdish leadership, the late Jalal Talabani, and President Masoud Barzani, did everything in our power to build this new Iraq.”

He emphasized, “Our hope was for an Iraq to be established that would end the suffering experienced by the Kurdish people over the past decades.”
Regarding the elections, Barzani explained, “The upcoming elections are the most important elections to be held in Iraq after 2005, and I believe that the components in Baghdad are also well aware of this issue, that problems must be resolved to maintain socio-political stability.”

He pointed out, “When we talk about elections, we remember that 2005 was a recent and important milestone in Iraq’s history, as it was during this year that a democratic system was adopted. A democratic system does not only mean holding elections every four years; it is a much deeper issue.”

He explained, “For example, when we see Haider al-Abadi, who was previously prime minister, come to Erbil today and deal with the people like an ordinary person, this in itself is a positive and significant thing that deserves appreciation. But we must ask: Is this enough on its own? The answer is: No, it is not enough.” He added, “Democracy is not a gift that can be given to a country. Rather, it is a culture, practice, and collective responsibility that arises from within society and is entrenched over time.”

He continued, “I believe the mistake made after 2003 was that some thought democracy could be given as a gift, when in reality, it is built and practiced through institutions, trust, and justice.” He pointed out, “If we are asked: Does the Kurdistan Region have problems? Yes, it undoubtedly has problems, but we also believe that the time has come to address these issues in a spirit of cooperation and understanding with Baghdad for a better future for all.”

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THE TRUMP ADMINISTRATION SENDS A “WAR MESSAGE” TO IRAQ: HINTS AT DECISIVE ACTION.

The US State Department issued a stern warning to Iranian-backed armed factions in Iraq on Thursday, vowing to act “decisively” to protect US interests.

The US spokesman indicated that “under President Trump’s bold leadership, the United States will act decisively to ensure the protection of American interests in Iraq and the region.”

However, the spokesman cautioned that “the United States is committed to its partners throughout Iraq who are working to build a truly sovereign, stable, and prosperous country.” He added, “The current administration is in constant communication with partners throughout Iraq and supports Iraqi actors who share the United States’ priorities and concerns.”

According to him, there are tangible economic achievements, saying, “Just today, a deal was signed between the Iraqi government and ExxonMobil to develop the Majnoon oil field, and recent US diplomatic efforts have led to the reopening of the pipeline between Iraq and Turkey.”

The US State Department spokesperson stated that “deals like these will deliver real and tangible benefits to both Americans and Iraqis, and are a testament to the partnership between the United States and Iraq.”

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AMERICA MOVES AGAINST THREE SHIITE GROUPS IN ADDITION TO THE RAFIDAIN BANK IN IRAQ.

(This is a BIG one! )

The US State Department said on Friday that the United States is targeting Kata’ib Hezbollah and Asa’ib Ahl al-Haq for their efforts to “undermine Iraq’s sovereignty.”

US State Department Deputy Spokesperson Tommy Piggott wrote in a post on X (formerly Twitter) that the United States seeks to exert maximum pressure on Iran.

“We are targeting the IRGC-QF, which supports Iran’s regional terrorist partners and proxies, and two groups based in Iraq, Kataib Hezbollah and Asaib Ahl al-Haq,” he added.

Meanwhile, US Republican Congressman Joe Wilson called on the Trump administration to include the Badr Corps, its leader Hadi al-Ameri, and the Iraqi state-owned Rafidain Bank on the list of armed factions targeted by sanctions.

This came in a tweet on the “X” website in response to what was published by the US State Department’s deputy spokesman, with Wilson stressing that “Iraq must be liberated from Iran.”

These statements come after the US Treasury Department imposed a new package of sanctions on Thursday targeting Iraqi banking figures and companies linked to the Iranian Revolutionary Guard Corps and Kata’ib Hezbollah, including the Al-Muhandis Company, the economic arm of the Popular Mobilization Forces. The move, it said, aims to “dismantle the corruption and money laundering networks that enable armed groups to operate inside and outside Iraq.”

The ministry said in a statement, translated by Shafaq News Agency, that the Office of Foreign Assets Control (OFAC) took action against individuals and companies “that help the Iranian regime evade US sanctions, smuggle weapons, and engage in widespread corruption within the Iraqi economy,” noting that the Iranian regime “relies on its Iraqi militia proxies to penetrate Iraqi state institutions and security services.”

According to the statement, these Iran-backed groups are responsible for the deaths of American citizens and attacks on US interests and those of its allies in the region. They also continue to weaken the Iraqi economy and monopolize public resources through illicit gain and corruption.

According to the Treasury Department, the new sanctions include Iraqi bankers, a commercial front company, a large economic entity linked to the Popular Mobilization Forces, and security personnel who operate spy networks for the Iranian Revolutionary Guard Corps inside Iraq.

According to the statement, “Kata’ib Hezbollah, one of the most prominent factions of the Popular Mobilization Forces, established the General Engineer Company for Contracting, Agriculture, and Industry to provide economic cover for its activities.”

According to a statement by the US Treasury, the company, controlled by Kata’ib Hezbollah leader Abdul Aziz al-Muhammadawi (Abu Fadak), exploited government contracts to transfer funds from state institutions to commercial fronts, including Baladna Agricultural Investments Company, to finance the activities of armed factions and arms smuggling operations in coordination with the Iranian Revolutionary Guard.

The ministry confirmed that “General Engineer Company and Baladna Company were designated under Executive Order 13224 for their material and financial support to the IRGC and Kata’ib Hezbollah.”

The US Treasury statement also indicated that the sanctions also included three Iraqi bank executives accused of abusing their positions to benefit the Iranian Revolutionary Guard Corps and Asa’ib Ahl al-Haq. The statement explained that these officials exploited the Iraqi financial system to launder money, smuggle currency, and generate revenue for Iranian-backed terrorist groups.

He explained that among those sanctioned is businessman Ali Muhammad Ghulam Hussein al-Ansari, who used his influence over several Iraqi banks to generate millions of dollars for the Revolutionary Guards and Kata’ib Hezbollah. He added that he “provided financial services to Asa’ib Ahl al-Haq, including purchasing dollars and laundering money using forged documents to evade government oversight.”

The sanctions also included brothers Ali and Aqeel Muftan Khafif al-Bidani, who run a commercial bank linked to the Iranian Revolutionary Guard. They are accused of laundering tens of millions of dollars and smuggling oil and drugs, in addition to exploiting Aqeel Muftan’s position as head of the Iraqi Olympic Committee for illicit financial purposes.

The US Treasury statement warned that “Kata’ib Hezbollah and the Iranian Revolutionary Guard Corps have conducted coordinated operations to gather intelligence on US forces inside Iraq since the beginning of 2025.”

He explained that “Hassan Qahtan al-Saidi, a leader in the Hezbollah Brigades, led a spy network operating out of Baghdad, comprising members of the Popular Mobilization Forces, headed by his son Mohammed and Haitham Subaih Saeed, which was gathering information on US military movements for the Revolutionary Guard.”

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US SENATE UNANIMOUSLY ENDORSES REPEAL OF 2002 IRAQ WAR RESOLUTION

WASHINGTON (AP) — More than two decades later, Congress is on the verge of writing a closing chapter to the war in Iraq. The Senate voted Thursday to repeal the resolution that authorized the 2003 U.S. invasion, following a House vote last month that would return the basic war power to Congress.

The amendment by Virginia Sen. Tim Kaine, a Democrat, and Indiana Sen. Todd Young, a Republican, was approved by voice vote to an annual defense authorization bill that passed the Senate late Thursday — a unanimous endorsement for ending the war that many now view as a mistake.

Iraqi deaths were estimated in the hundreds of thousands, and nearly 5,000 U.S. troops were killed in the war after President George W. Bush’s administration falsely claimed that then-President Saddam Hussein was stockpiling weapons of mass destruction.

“That’s the way the war ends, not with a bang but a whimper,” Kaine said after the vote, which lasted only a few seconds with no debate and no objections. Still, he said, “America is forever changed by those wars, and the Middle East is too.” Supporters in both the House and Senate say the repeal is crucial to prevent future abuses and to reinforce that Iraq is now a strategic partner of the United States. The House added a similar amendment to its version of the defense measure in September, meaning the repeal is likely to end up in the final bill once the two chambers reconcile the two pieces of legislation. Both bills also repeal the 1991 authorization that sanctioned the U.S.-led Gulf War.

While Congress appears poised to pass the repeal, it is unclear whether President Donald Trump will support it. During his first term, his administration cited the 2002 Iraq resolution as part of its legal justification for a 2020 U.S. drone strike that killed Iranian Gen. Qassim Soleimani. It has otherwise been rarely used.

(I do not believe Trump will sign it until the Iranian militias are taken care of first inside Iraq. Please go read the couple articles on it. I told you that I was told this is one of the five items on the list that must be completed prior to any reinstatement of the dinar.)

Young said after the vote that he thinks Trump should “take great pride” in signing the bill after campaigning on ending so-called “forever wars,” especially because he would be the first president in recent history to legally end a longstanding war.

He said the vote establishes an important precedent.

“Congress is now very clearly asserting that it is our prerogative and our responsibility not only to authorize but also to bring to an end to military conflicts,” Young said.

The bipartisan vote, added to the larger bipartisan defense measure, came amid a bitter partisan standoff over a weeklong government shutdown. Young said the quick vote was an “extraordinary moment” that he hopes “will help some people see that we can still do consequential things in the U.S. Congress.”

The Senate also voted to repeal the 2002 resolution two years ago on a 66-30 vote. While some Republicans privately told Kaine that they were still opposed to the measure, none objected to the unanimous vote on the floor Thursday evening.

A separate 2001 authorization for the global war on terror would remain in place under the bill.

(Trump could use this authorization to go after Iranian backed militia inside Iraq and actually sign off on ending the 2002 resolution. See below.)

While the 2002 and 1991 resolutions are rarely used and focused on just one country, Iraq, the 2001 measure gave President George W. Bush broad authority for the invasion of Afghanistan, approving force “against those nations, organizations, or persons” that planned or aided the Sept. 11, 2001, attacks on the United States.

Passed in September 2001, it has been used in recent years to justify U.S. military action against groups — including al-Qaida and its affiliates, such as the Islamic State group and al-Shabab — that are deemed to be a threat against America.

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

Just the FACTS!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

October 7, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

October 7, 2025 Mnt Goat News Brief

Guten Tag everyone:

Iraq is working hard to clean up loose ends mandated by the U.S. Will it all come together in time…..tick tock,,,, tick tock…

Yes, it has been a September to Remember……. Now let’s see what October brings.

GIVE A GIFT TO MNT GOAT

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

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

Let’s all try to chip in!

____________________________________

Malachi 3:10

“Bring the full tithe into the storehouse, that there may be food in my house. And thereby put me to the test, says the Lord of hosts, if I will not open the windows of heaven for you and pour down for you a blessing until there is no more need.”

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.

Okay folks, todays Newsletter ties together so much. Yes, the governor Ali Al-Alaq did say in an interview at the Iraq Investment Forum recently that ” The Central Bank of Iraq (CBI) firmly denied recent speculation about a potential change to the dinar’s exchange rate against the US dollar.” Let’s explore this today and more.

WELCOME to October!

Yes, it is a new month and so please consider giving appreciation for the Newsletter and all the effort I take to research, translate articles and to compile it, not to mention the web cost and cost of calls to Iraq. If you have not yet helped out to keep the Newsletter alive please consider doing so. This is a critical time and could result in a reinstatement if all goes well. All the evidence shows us this is now inevitable, but when? Yes, that is the questions we all want to know. I do not manage the RV and can only report on the news given from Iraq.

I first want to say that there is now so much FAKE news coming from Iraq. I know much better when I read these articles and my contact confirmed each one that I do dismiss. Let’s concentrate on what is really going on in Iraq, okay?

What do we know for sure? We have been told for over a decade that Iraq needed STABILITY and SECURITY to conduct the Project to Delete the Zeros. We know that this project will lead to REINSTATEMENT of the dinar. We will not be exchanging until the banks see it on FOREX and it is the kind of rate we all want. There is no way around this and no lies can change it.

Iraq now has not been more STABLE and more SECURE than EVER since 2003. I can make this statement because it is a statement made by both the CBI, the Finance Committee and by many prominent economists in Iraq. So, this is their words not mine. So, then where is the Project to Delete the Zeros?

There are many reading my blogs viewers who have issues with the CBI coming out ina recent article and saying they don’t plan to change the rate of the dinar anytime soon. So, we read this and we go off half-cocked with disappointment. But what did this statement really mean?

This statement by the Ali Al-Alaq meant that the Central Bank was not planning to change or revalue the “official” rate of the dinar which is currently at 1320 now. If you have been reading the articles I recently presented to you, then you would also know there were surveys taken by the CBI on the Project to Delete the Zeros and how the citizens felt about it. Did you watch those videos?

😊Yes, this all happened just in September not January which is 3 months away, get it? Ali Al-Alaq was talking about the three zero rate and not the FOREX rate. Yes, and so he was assuring the citizens that there was still work to be done to get to FOREX. We must remember that until the reinstatement happens, they are always just talking about the “official” rate of the sole peg to the U.S. dollar not a reinstated RV. Get it? So, why are many so disappointed? This recent statement by al-Alaq does not contradict a possible January 2026 reinstatement? It is now still only early October and so look at all the news about the dinar just in September alone.

So, here are the five issues once again that are of concern from the IMF and the US:

Banking Reforms especially to get under control the smaller private banking sector

Expulsion of the PMF from Iraq (its also about stopping Iran from making Iraq one of their puppet states)

The Oil and Gas Law better knowns as the HCL

Parallel vs Official CBI rate of the dollar, thus effects the rate of the dinar

Collect the outstanding 80% of the currency outside the banking system

I will try to cover updates on first three of these issues today. There was not any recent news on the parallel markets and the retrieval of currency.

Banking Reform Plan:

Then what happens just the other day? An article comes out in the news titled “AL-SUDANI AFFIRMS IRAQ’S COMMITMENT TO IMPLEMENTING THE GOVERNMENT’S FINANCIAL AND BANKING REFORM PROGRAM” In it Prime Minister Mohammed Shia al-Sudani affirmed on Tuesday that Iraq is proceeding with the implementation of the government’s financial and banking reform program.

This article, according to my CBI contact, was given at a news interview where Al-Sudani reinforced his commitment in previous statements to the citizens that the dinar would once again be a “powerful” dinar. He is not talking about going from 1320 to 1166 or anything like that. He is referring to FOREX power. Get it?

Why is Iraq showing the citizens these videos? Why does the primes minister tell the citizens these kind of statements? Why just recently, again more talk of the coming of the accession to the WTO? Why all these banking reforms in the first place then?

Folks, if Iraq wanted to stay on the manipulated rate of 1320 or whatever rate, they wouldn’t be doing all these reforms. Get it?

😊Then out pops this article titled “AN ECONOMIC EXPERT PROPOSES A MECHANISM TO BOOST NON-OIL REVENUES BY MORE THAN 8 TRILLION DINARS IN IRAQ.” Well, well, well look what we have here. Another article on the subject of boosting the non-oil revenues. Remember they told us that the customs and tariffs alone could rival the oil revenues if managed correctly. Now we just witnessed deals with Kurdistan to turn over these funds to the federal public revenues. Now we see a proposal to boost the tourism and capitalize off it to also add to the pot of non-oil revenues.

An economic expert emphasized the multiple opportunities available to Iraq to boost its non-oil revenues, proposing a mechanism that would add more than eight trillion dinars annually to public revenues. Economist Nabil Al-Marsoumi stated that “religious tourism is one of the most important sources of income for Iraq, surpassing direct financial revenues from development.” He said, “Regulating religious tourism in Iraq, including imposing entry fees (visas) on all Arab and foreign visitors, will boost non-oil revenues by more than 8 trillion dinars, which is almost double the direct financial revenues from the development path!!”

Okay so what is so amazing about this news? First let me say that we have heard more than enough already on the huge (and I mean HUGE) sums that are to come from the Development Road project, which is Al-Sudani’s pet project. Now the economist is telling us that tourism will surpass this revenue even. I quote “which is almost double the direct financial revenues from the development path!!“ I rest my case….. 😊

😊 Incidentally you might also want to read the full recent article titled “TRANSPORT TO AL-GHAD PRESS: THE DEVELOPMENT PATH WILL CONNECT THE EAST AND THE WEST AND WILL STRENGTHEN THE IRAQI ECONOMY.” Yes, more about the importance of the Development Road Project. Minister of Transport Razzaq Muhaibis Al-Saadawi confirmed on Saturday that the development road project will connect the east and west, diversify the Iraqi economy, and reduce reliance on oil and gas for revenues.

The Oil and Gas Law:

😊 Here we go again….. In the article titled “AN OIL EXPERT EXPLAINS THE IMPORTANCE OF THE BAGHDAD-KURDISTAN AGREEMENT AND ITS IMPACT ON THE GLOBAL MARKET.” Oil expert Furat al-Moussawi considered the oil agreement between Baghdad and the Kurdistan Region a strategic and important agreement that paves the way for future legislation of a new oil and gas law. He noted that the next three months will be a litmus test of the extent of all parties’ commitment to its provisions. My take on this is that we will NOT see the passing of an Oil and Gas Law until this recent tripartite agreement is tried, tested and works for all parties. Will they fully implement all the conditions or let it fall apart, as previous deals have. This is the litmus test.

During his appearance on the “Free Talk” program on Al Furat TV, Al-Moussawi said, “Iraq has suffered for more than twenty years from financial and economic problems that have affected the salaries of the region’s employees,” noting that “there are clear clauses in the agreement and others that remain ambiguous.” Bear in mind two things: First the reason for the lack of timely salaries is due to the lack of an Oil and Gas Law; Second, that the IMF told Iraq in their consultations sessions years ago that they needed to pay the salaries on time and on a regular basis. Simply put, they must have the Oil and Gas Law in place and working. No more stalling or bickering over salaries. So, this new agreement with Kurdistan can open the door to fulfilling this part of the IMF requirement. I presented many articles on this new agreement to my readers, so we all should be VERY FAMILIAR with it and why it is necessary. These IMF requirements must be fulfilled or they will not allow the dinar to be reinstated. Get it? These are mandated conditions. This is also one of the 5 issues from the US Treasury and they have told Iraq the same.

😊 Please also take some time to read the recent article titled “THE KURDISTAN REGIONAL GOVERNMENT WELCOMES THE OIL AGREEMENT WITH BAGHDAD.”

The Kurdistan Regional Government (KRG) reiterated its full support for the continued implementation of the region’s oil export agreement. While affirming its commitment to the principle of sharing non-oil revenues with the federal Ministry of Finance, it called for continued discussions between delegations from both governments to reach an agreement to resolve the non-oil revenue issue. I just wanted to share this article with you to help you realize the full extent of the tripartite agreement in that if effects also non-oil revenues, but these revenues do no good to all Iraqis unless they are captured and placed in the public coffers for the federal government to use according to the budgeted projects. Remember – the non-oil revenues could rival the oil revenues if managed correctly….

😊 Yes, try this article on for size it is titled “MP RULES OUT PASSING OIL AND GAS LAW”. Will Iraq be able to pass the Oil and Gas Law by December? This is one opinion.

MP Bahaa Al-Nouri ruled out on Tuesday the possibility of passing the oil and gas law during the current period, attributing this to the ongoing deep differences between the federal government in Baghdad and the Kurdistan Regional Government. Oh wait just a second….didn’t they just agree on the “tripartite agreement”? Then we just read above an article and I quote from the article “THE KURDISTAN REGIONAL GOVERNMENT WELCOMES THE OIL AGREEMENT WITH BAGHDAD”. Yes, they still need to implement it and thus the litmus test over the next 3 months.

He added, “The (past) lack of understanding between Baghdad and Erbil regarding natural resources makes the chances of passing the law almost non-existent at the present time.” Here is the most important part of this article and I quote from it – “He pointed out that if the law is passed, it will be one of the most important economic laws regulating the relationship between the central government and the region.” So I ask you again. Is the Oil and Gas Law already passed? Is it important to us to get the reinstatement? Why do all these idiot intel gurus out there keep telling you the law is already “all done” when we can clearly see it is not. Do they even know anything about what is really happening in Iraq?

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😊Take peak at this article titled “IRAQI BANKS BETWEEN THE “DOLLAR TRANSFERS COMPLEX” AND THE “DREAM OF A REGIONAL FINANCIAL CENTER”: A NEW VISION FOR THE CHANGING MIDDLE EAST ECONOMY”. In a region experiencing major transformations, from economic corridor projects to reconstruction plans, from geopolitical shifts to the so-called “New Middle East” plans, Iraq finds itself facing both a historic opportunity and fateful challenges. A bold banking and economic vision is needed here, seeking to transform Iraqi banks from marginal players to key players in economic decision-making and building an attractive investment environment. Do you think Iraq will be a financial hub at 1320?

I quote from the article – “The answer, it seems, cannot be delayed. Today’s Middle East does not wait for the hesitant, and if Iraq does not race against time to reform its banking sector, it may find itself excluded from the map of the new Middle East.” Choo, Choo….

Banking Reform Plan for Private Banks:

😊 Then this article pops out titled “RAFIDAIN BANK: 81 BRANCHES ADOPT THE COMPREHENSIVE BANKING SYSTEM.” Rafidain Bank announced on Tuesday that 81 branches have joined the comprehensive banking system. From hundreds of banks in Iraq, including lots of mom and pop private banks, this is a very good start. It is moving ahead quickly. I already showed you multiple articles about this banking reform plan and how it will transform Iraq and ready it for the currency reform. In fact, the banking reforms directly support the currency reform that Al-Sudani keeps talking about. They must be in place first. Remember that this topic is also one of the five issues the IMF and the US has told Iraq must be addressed prior to the reinstatement.

Expulsion of the PMF from Iraq:

😊 There is yet one more topic I want to cover today and that is the issue of the Iranian backed militias in Iraq. We know this is also on the list of the five issues that must be resolved prior to the reinstatement happening. So the US government under Trump has already designated three of these militia groups as “terrorists” organizations. They can now go after them. Today we learn that the US is going to remove these organizations of militias from Iraq at the covert request of the Iraqi government.

Here are some recent articles on this subject matter titled:

“US OFFICIAL: WE WILL SOON REDEPLOY OUR FORCES TO IRAQ” BAGHDAD (Reuters) – President Donald Trump’s administration will soon resume the deployment of US troops in Iraq, a US official told Al Jazeera on Tuesday It is in line with Washington’s interests in the region. The responsibility is to redeploy US forces in line with the Trump administration’s strategic priorities in Iraq and the region

“IRAN SHIFTS STRATEGY: DIPLOMACY REPLACES MILITARY FOCUS IN IRAQ”

Basically remove them or we will remove them for you… Iran is shifting its approach in Iraq ahead of the November 2025 parliamentary elections, focusing on diplomacy and institutional influence rather than direct military action, Daily Sabah reported on Tuesday.

“THE US SANCTIONS 38 ENTITIES AND INDIVIDUALS LINKED TO IRAN” The US Treasury Department announced sanctions on Wednesday against 21 entities and 17 individuals for facilitating Iran’s acquisition of sensitive technologies that support its ballistic missile and military aircraft programs. The US, under Trump is not going to give up on neutralizing Iran as a threat to the entire world, especially Iraq. It is time for regime change but this will not happen overnight. It is election time in Iraq and they must get these Iranian backed politicians out of the government just like in the US which has communists/Marxist politicians that must also be weeded out and taken out of their politics. You all know who I mean, don’t you…….. ?

“WASHINGTON POST: THE UNITED STATES HAS SET FOUR CONDITIONS FOR IRAN NOT TO START A WAR”. The Washington Post reported that the Trump administration is trying to get Iran to accept four conditions as the basis for new nuclear talks to avoid a military conflict. The Washington Post reported Thursday that the Trump administration’s conditions for Iran include “direct negotiations, a halt to uranium enrichment, limiting its missile program and halting funding for its supporters in the Middle East.

The show is NOT over until the fat lady sings…lol..lol… Please don’t get cocky instead pray. Pray that all goes well.

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:

Prophetic Words from prophet: Julie Green

“There is a war going on that is about to intensify”

You can start watching the video at the 17:01 mark.

What can we do? God tells us how to fight back.

Is the exaggeration of “mixing church and state” an intentional misinterpretation of the US Constitution to suit their purpose of isolating the churches from speaking out and being part of the fight? We can clearly see now that it was. Even under president Obama, laws were passed to threaten church exceptions if they spoke out. When will the Christian churches get up and speak out?

“The Dismantling of the United Nations”

You can start watching the video at the 17:00 mark. From Sept 26^th.

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

15 ASSETS THAT ARE MAKING PEOPLE RICH/RICHER

HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

FORMER FBI DIRECTOR JAMES COMEY’S PATH TO PRISON

Who will he take along with him? Who’s next?

TIME IS UP FOR HILLARY CLINTON

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?

PELOSI MAKES EPIC RANT: ‘GO FK THEMSELVES’.**

WHO IS HELPING TO FUND THESE RIOTS IN THE U.S.?

Why are they doing this?

What can we do about it?

THE TRUTH ABOUT POCAHONTAS WE ALL NEED TO KNOW. WAS TRUMP CORRECT?

Yes, another corrupt politician that slivered her way into a position of power.

EXPECT MORE CHARGES AS COMEY ALREADY FACES LYING TO CONGRESS AND OBSTRUCTION

FORMER FBI DIRECTOR JAMES COMEY INDICTED

COMEY INDICTMENT WILL HAVE A ‘CASCADING EFFECT’

MORE INDICTMENTS TO COME….IS JOHN BRENNAN NEXT?

Let the cascade begin! Evidence against him and many others have been submitted to the grand jury for review. Who’s next? When will they finally go after Barrack Obama?

THE “GREEN SCAM”. WE NEED TO HONOR THE TRUTH ABOUT THIS NARRATIVE FROM THE UN. ARE WE BEING SCAMMED?

Is it time to wake up?

The next video is long but chock full of information on the impact of not thinking through and using common sense on the climate change scam and doing a knee-jerk reaction.

What is it all really about then?

IRAQI BANKS BETWEEN THE “DOLLAR TRANSFERS COMPLEX” AND THE “DREAM OF A REGIONAL FINANCIAL CENTER”: A NEW VISION FOR THE CHANGING MIDDLE EAST ECONOMY

In a region experiencing major transformations, from economic corridor projects to reconstruction plans, from geopolitical shifts to the so-called “New Middle East” plans, Iraq finds itself facing both a historic opportunity and fateful challenges. A bold banking and economic vision is needed here, seeking to transform Iraqi banks from marginal players to key players in economic decision-making and building an attractive investment environment.

A Rapidly Changing Middle East
Economic expert Saif al-Halfi told Iraq Observer that the Middle East is currently undergoing profound transformations, including mega-projects and new economic corridors. Baghdad stands at a historic gateway that requires a fundamental shift in the way the financial sector is managed. What is required is not just an injection of capital or the introduction of modern payment systems, but rather the establishment of an integrated legal and institutional vision that protects financing and opens the way for development initiatives. Only then can Iraq capitalize on its strategic geographic location, the Faw Port, the Development Road project, and its oil, gas, and human resources to become a financial and commercial hub at the heart of the region.

The first challenge: Capital and institutional reform.
The first step Al-Halfi refers to is raising the capital of Iraqi banks and strengthening their resilience to risks. This is a plan the government has implemented in cooperation with the Central Bank and with the assistance of the global consulting firm Oliver Wyman. The decision was made to raise the capital of banks to 400 billion dinars. Although this decision appears to be an accounting measure, it lays a new foundation for building a stronger banking sector that is more integrated with the regional and international economies.

He adds that institutional reform, the dismantling of large shareholdings, and the introduction of automation and modern systems are not sufficient on their own, but they are an indispensable condition for transitioning from the stage of survival to the stage of competition and expansion.

The Second Challenge: From Dollar Captivity to Diversified Financing
Al-Halfi acknowledges that banking activity in Iraq still relies almost entirely on foreign remittances in dollars. This reality makes banks more like large exchange houses than true financial institutions. International experience confirms that banks only flourish when they transform into “real financiers” of the national economy through lending and adopting diverse strategies.

The economic expert suggests that expansion should be based on five main paths: “The first is personal and housing loans to meet citizens’ needs. The second is financing small and medium-sized enterprises, as they are the largest engine of employment and growth. This is in addition to loans to large companies, especially those listed on the Iraq Stock Exchange or seeking to be listed. Syndicated loans to finance oil, electricity, refinery, and residential projects, provided the Central Bank is flexible in granting licenses. Fifth, financing international trade, including letters of credit and participation in foreign projects such as oil refining in more active markets.” These mechanisms, if implemented boldly, will open the door to a qualitative transformation in the Iraqi economy, away from the “dollar complex.”

Challenge 3: The Electronic Payment Revolution
In parallel with financing and lending, electronic payment is emerging as a fundamental pillar of the new financial world. Al-Halfi believes that Iraqi banks must accelerate the provision of modern and diverse banking products, such as credit cards, debit cards, prepaid cards, charge cards, and even secured credit cards. Diversifying these products will not only contribute to enhancing financial inclusion and reducing reliance on cash, but will also enhance the financial system’s ability to combat money laundering and boost investor and customer confidence alike.

What Is Required Of The Iraqi Government
, however, is that banks alone cannot fight this battle. What is required, according to the economic expert, is to expedite the enactment of modern laws to protect loans and electronic transactions, in addition to establishing specialized banking courts to quickly resolve disputes, and establishing an expedited judiciary to ensure the stability of transactions.

He stresses the importance of establishing a credit guarantee scheme for small and medium-sized loans, in which the state participates in guaranteeing loans to reduce financing risks, thus encouraging banks to lend instead of relying on external transfers.

The Historic Opportunity
presents a mix of challenges and opportunities. On the one hand, Iraqi banks face the accumulation of overreliance on the dollar, weak capital, and delayed legislation. On the other hand, Iraq possesses a unique geographical location and massive strategic projects, as well as natural and human resources that could transform it into a regional financial center if exploited wisely.

Al-Halfi poses a pivotal question: Will Iraqi banks remain captive to remittances, or will they transform into genuine financial institutions that contribute to building a diversified and robust economy?

The answer, it seems, cannot be delayed. Today’s Middle East does not wait for the hesitant, and if Iraq does not race against time to reform its banking sector, it may find itself excluded from the map of the new Middle East.

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IRAN SHIFTS STRATEGY: DIPLOMACY REPLACES MILITARY FOCUS IN IRAQ

Iran is shifting its approach in Iraq ahead of the November 2025 parliamentary elections, focusing on diplomacy and institutional influence rather than direct military action, Daily Sabah reported on Tuesday.

Visits by Ali Larijani, secretary general of Iran’s Supreme National Security Council (SNSC), to Iraq and Lebanon, and by Ammar al-Hakim, head of the National Wisdom Movement (Al-Hikma), to Tehran, reflect Tehran’s efforts to maintain its influence and manage its “proxy networks” amid regional tensions.

“Larijani’s visits demonstrate that the SNSC has begun to take on a more central role in security and foreign policy matters,” the report noted, emphasizing that his engagements focused on reinforcing security agreements and addressing the presence of anti-Iranian armed groups in northern Iraq.

In turn, Al-Hakim’s visit to Tehran highlighted a “mutually beneficial approach” across security, justice, economic, and cultural cooperation. The meetings point toward structured partnerships between Iraq and Iran, underscoring a shared interest in stability, particularly as the elections approach.

Security cooperation, however, remains a central element of Tehran’s strategy, with both sides prioritizing the management of proxy forces and reducing their visibility amid US and Israeli pressures. “The visits by both leaders aim to secure Iran’s strategy of controlling its proxy forces, preventing their radicalization and lowering their profile against US-Israeli attacks,” Daily Sabah added.

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US OFFICIAL: WE WILL SOON REDEPLOY OUR FORCES TO IRAQ

BAGHDAD (Reuters) – President Donald Trump’s administration will soon resume the deployment of US troops in Iraq, a US official told Al Jazeera on Tuesday It is in line with Washington’s interests in the region.

The responsibility is to redeploy US forces in line with the Trump administration’s strategic priorities in Iraq and the region. Meanwhile, security sources indicated that there were movements to redeploy US forces and tactical changes in some areas.

Through the past weeks, you have achieved a combination of some monitoring points and administrative headquarters, or the warehouses that you can use your forces.

Convoys of trucks and trucks carrying military supplies moved between the al-Qaeda, and threatened from Ain al-Assad in Anbar and al-Qaeda in Baghdad, through the Kurdistan region of Iraq and Syria.

It refers to the base of a number of military cargo planes at Ain al-Assad base in Anbar province, and destroys it as a carrier for heavy military supplies and equipment, as a number of soldiers began to hide in the form of containers.

The US administration also urged Iraqi officials during its previous delay in accelerating the withdrawal and adhering to the previously challenging deadline in the agreement Besides this issue, there will be a meeting at the end of September this time.

The United Provinces General Gazette of Iraq 2003 mentions that there are about 30,000 soldiers.

In late 2011, the United States invaded Iraq under President Barack Obama and withdrew its forces from there, except for a small number of military advisers.

With the introduction of a large-scale state organization in Iraq in 2014, Washington lost its ability to propagate more than 5,000 elements, before reducing it to 3,000 2021, then reduced its forces to 2500 generally by 2023 under pressure from the Iraqi parliament.

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THE PENTAGON IS CONTINUING TO REDUCE ITS MISSION IN IRAQ.

The Pentagon renewed its commitment to reducing its military mission in Iraq, as agreed upon last year, stating that the transition of US-led coalition operations was a result of its success in combating ISIS.

“The US government will continue to coordinate closely with the Iraqi government and coalition members to ensure a credible transition,” the Pentagon said in a statement.

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THE US SANCTIONS 38 ENTITIES AND INDIVIDUALS LINKED TO IRAN

The US Treasury Department announced sanctions on Wednesday against 21 entities and 17 individuals for facilitating Iran’s acquisition of sensitive technologies that support its ballistic missile and military aircraft programs.

The ministry stated in a statement reported by Western media that these networks “facilitated activities including providing advanced technology to Iranian air defense systems and the illegal purchase of a US-made helicopter.” She added, “Iran’s ballistic missile and conventional weapons capabilities, supported by these networks, pose a significant threat to US personnel in the Middle East, US commercial vessels in international waters, and civilians.”

The statement quoted US Treasury Secretary Scott Besant as saying, “The Iranian regime’s support for terrorist organizations and its pursuit of nuclear weapons threaten the security of the Middle East, the United States, and our allies around the world. Under President Trump’s leadership, we will deny this regime the weapons it uses to achieve its malign objectives.”

He explained that this measure comes “in support of the re-imposition of UN sanctions on Iran on September 27th. All UN member states must implement restrictions on Iran’s nuclear, missile, and other weapons programs, including an arms embargo, export controls, travel bans, and asset freezes on individuals and entities—including banks—involved in these activities.”

The US Treasury clarified in its statement that the reimposition of the “trigger mechanism” sanctions came as a result of “Iran’s significant breach of its nuclear obligations under the Joint Comprehensive Plan of Action (JCPOA),” and that the recent Security Council resolution reflects the international community’s commitment to protecting the nuclear non-proliferation regime from Iran’s threats and nuclear escalation.

According to the ministry, the sanctions targeted “an Iranian weapons components procurement network operating on behalf of the Aerospace Industries Organization, a subsidiary of the Iranian Ministry of Defense, and its subsidiaries, such as the Shahid Bagheri Industrial Group, responsible for the solid-fuel ballistic missile program.”

The sanctions also targeted another network operating in Iran, Hong Kong, and China for “facilitating the provision of dual-use US electronics to Shiraz Electronic Industries Company, which manufactures radars and air defense missile guidance technologies.”

The sanctions included an additional network operating out of Iran, Germany, Turkey, Portugal, and Uruguay “for providing US-origin equipment to the Iranian Helicopter Support and Maintenance Company, which manufactures and maintains helicopters used by the Iranian Revolutionary Guard Corps.”

The Treasury Department indicated that this operation was carried out in coordination with the Department of State, the Department of Homeland Security, and the Federal Bureau of Investigation.

According to the Treasury statement, the managers and founders of these companies were designated for their role in providing dual-use equipment and technology for Iran’s weapons programs. New entities and individuals were also designated.

On September 26, the UN Security Council rejected a draft resolution proposed by Russia and China to extend Security Council Resolution 2231, which supports the Iranian nuclear agreement, for six months. Meanwhile, the British ambassador to the UN stated that UN sanctions would be reimposed.

The United Nations later reimposed sanctions on Iran over its nuclear program through a mechanism known as the “snapback mechanism.” Meanwhile, Iranian Foreign Minister Abbas Araqchi affirmed that his country would not accept any agreement that does not guarantee its national interests, and the Iranian parliament emphasized that the only option in response to the reimposition of sanctions “is escalation and force.”

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WASHINGTON POST: THE UNITED STATES HAS SET FOUR CONDITIONS FOR IRAN NOT TO START A WAR

The Washington Post reported that the Trump administration is trying to get Iran to accept four conditions as the basis for new nuclear talks to avoid a military conflict.

The Washington Post reported Thursday that the Trump administration’s conditions for Iran include “direct negotiations, a halt to uranium enrichment, limiting its missile program and halting funding for its supporters in the Middle East.

“These conditions, which have been among the most critical obstacles in previous rounds, are likely to be rejected by Tehran,” the official said. “The US administration believes it is time to increase pressure, and the sanctions create an opportunity for a diplomatic solution,” he said. The United Nations on Wednesday reimposed sanctions on Iran through a mechanism.

The Washington Post says the sanctions have caused confusion in Iranian politics and increased pressure on the country’s economy. “Not returning to negotiations increases the likelihood of confrontation,” Wali Nasr, a professor of Middle Eastern studies at Johns Hopkins University, told the Washington Post.

A European official also expressed concern that reimposing sanctions was not the best option, adding that the diplomatic door remained open. We do not believe in a military solution to the nuclear issue.

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MP RULES OUT PASSING OIL AND GAS LAW

(Will Iraq be able to pass the Oil and Gas Law by December? This is one opinion.)

MP Bahaa Al-Nouri ruled out on Tuesday the possibility of passing the oil and gas law during the current period, attributing this to the ongoing deep differences between the federal government in Baghdad and the Kurdistan Regional Government.

Al-Nouri said, “Political and legal differences still prevent reaching a consensus formula for the law, indicating that the political blocs have not yet been able to overcome the obstacles related to revenue sharing and the mechanism for managing the oil file.”

He added, “The lack of understanding between Baghdad and Erbil regarding natural resources makes the chances of passing the law almost non-existent at the present time.” He pointed out that if the law is passed, it will be one of the most important economic laws regulating the relationship between the central government and the region.

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THE KURDISTAN REGIONAL GOVERNMENT WELCOMES THE OIL AGREEMENT WITH BAGHDAD.

The Kurdistan Regional Government (KRG) reiterated its full support for the continued implementation of the region’s oil export agreement. While affirming its commitment to the principle of sharing non-oil revenues with the federal Ministry of Finance, it called for continued discussions between delegations from both governments to reach an agreement to resolve the non-oil revenue issue. This came during the weekly meeting of the Kurdistan Regional Government’s Council of Ministers, chaired by Masrour Barzani and attended by Deputy Prime Minister Qubad Talabani.

According to a government statement:

“In the first paragraph of the meeting’s agenda, the Chief of Staff of the Council of Ministers, Omed Sabah, reviewed a detailed report on the region’s financial situation, including the latest data and figures related to revenues and expenditures, prepared by the Ministry of Finance and Economy.” He noted in his report that “following the tripartite agreement to resume oil exports, a new financial situation has arisen for the federal government that requires the region to reassess and reorganize its financial situation.”

The statement added, “After extensive discussions, the Council of Ministers renewed its full support for the continued implementation of the Kurdistan Region’s oil export agreement, which entered into force on September 27, 2025. Under the agreement, an average of 195,000 barrels of oil per day were delivered from the region’s fields to the State Oil Marketing Organization (SOMO) over the past few days. The Ministry of Natural Resources undertook the delivery process, with SOMO, in turn, selling it on global markets and depositing the proceeds into the federal treasury.” In this context, the Council expressed “hope that the federal government will fully fulfill its obligations regarding the disbursement of salaries and benefits to Kurdistan Region employees for August 2025 and subsequent months, as is the case in the rest of Iraq.”

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RAFIDAIN BANK: 81 BRANCHES ADOPT THE COMPREHENSIVE BANKING SYSTEM.

Rafidain Bank announced on Tuesday that 81 branches have joined the comprehensive banking system. The bank stated in a statement that “81 branches have joined the comprehensive banking system, following the entry of the Hudhayfah bin Al-Yaman branch and the General Secretariat of the Council of Ministers branch into the integrated electronic service.”

He added, “The implementation of a comprehensive banking system is a critical strategic step, as it enables the transition from traditional paper transactions to modern electronic operations, which contributes to increasing operational efficiency, accelerating transaction completion, and enhancing transparency and accuracy in service delivery.”

The bank also stated that “the adoption of this system is in line with the latest global banking practices, constitutes a fundamental pillar for improving the quality of services provided to customers, and paves the way for the development of innovative financial products that reflect the digital transformation in the Iraqi banking sector.”

The statement also noted that “the integration of branches into the comprehensive banking system will have a direct impact on customers by reducing transaction processing time, reducing error rates, and providing more secure and flexible digital channels, providing customers with an advanced banking experience that meets their daily needs.”

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TRANSPORT TO AL-GHAD PRESS: THE DEVELOPMENT PATH WILL CONNECT THE EAST AND THE WEST AND WILL STRENGTHEN THE IRAQI ECONOMY.

Minister of Transport Razzaq Muhaibis Al-Saadawi confirmed on Saturday that the development road project will connect the east and west, diversify the Iraqi economy, and reduce reliance on oil and gas .

Al-Saadawi told Al-Ghad Press, “The Iraq Investment Forum is a great opportunity to showcase promising investment opportunities in Iraq, most notably the Development Road project, which enjoys direct support from Prime Minister Mohammed Shia al-Sudani .”

He emphasized that “the project represents a qualitative shift in the Iraqi economy and a new approach to the economic file,” indicating that “the project is not merely a railway or a highway, but rather an integrated economic project linking the East and the West, and consists of the Grand Faw Port and the industrial and economic cities that will extend on both sides of this corridor from Faw to Fish Khabur .”

He added that “there are eight sectors targeted by the project by consultant Oliver Wiemann,” stressing that “the project will work to diversify the Iraqi economy and reduce dependence on oil and gas .”

Earlier, Prime Minister Mohammed Shia al-Sudani said that “a special conference will be held to showcase the investment opportunities related to the Development Road project,” indicating that it will be the largest in the region.

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TRADE: CONFERENCES WITH GULF COUNTRIES TO ACTIVATE THE PRIVATE SECTOR

In line with government plans and programs designed to stimulate the private sector and enhance its role in the country’s development plans, the Ministry of Commerce announced its intention to hold conferences with a number of Gulf countries with the aim of developing partnerships with the private sector and maximizing the country’s financial resources.

The ministry’s official spokesperson, Mohammed Hanoun, told Al-Sabah that the ministry has included in its plans and policies the activation of international economic and trade relations, in addition to launching new memoranda of understanding with a number of countries, particularly the Kingdom of Saudi Arabia, the States of Kuwait and the United Arab Emirates, to enhance cooperation and support the international private sector. He added that the next phase will witness the organization of joint conferences and seminars with these countries, which have expressed their willingness to cooperate with Iraq in this field.

He indicated that these activities will establish clear foundations for formulating policies related to international relations related to the private sector and investments, which will contribute to maximizing the country’s resources without placing an additional burden on government budgets.

Hanoun explained that Iraq’s recent accession to the World Trade Organization will contribute to the implementation of decisions and laws related to the economy, food security, and support for local products, in line with local market requirements. This is in line with the government’s approach to prioritizing the private sector and activating it to work alongside the public sector. He confirmed that his ministry has submitted new draft laws to the House of Representatives that will strengthen international economic and trade relations.

He pointed out that the Ministry has succeeded in automating all its procedures and transitioning to digital work in various fields, particularly those related to the private sector. It has created a new electronic platform called “Al-Tajer” to facilitate the process of registering merchants and obtaining their licenses.

In the same context, the Ministry of Commerce spokesperson revealed that many Gulf investors and businessmen, most notably Kuwait, Saudi Arabia, and the UAE, have expressed their willingness to enter into investment partnerships with Iraq. He explained that digital transformation will be an attractive factor for them, as it will facilitate the formulation of plans and policies, free from complex administrative routine.

He emphasized the importance of electronic platforms, as they will enable transactions to be completed and approvals obtained within record timeframes, enhancing the investment climate while simultaneously providing international companies and investors with a more flexible operating environment.

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The government remains silent

THE DINAR, THE DOLLAR, AND MARKETS ARE IN TURMOIL. THE DARK CLOUD OF SANCTIONS ON IRAN LOOMS OVER IRAQ.

With the “trigger mechanism” officially in place, Iran entered a new phase of international isolation, and with it, Iraq returned to the heart of a complex equation combining economics, politics, and security. This mechanism, stipulated in the 2015 nuclear agreement, automatically reactivated six binding Security Council resolutions issued between 2006 and 2010, transforming unilateral US sanctions into UN sanctions binding on 193 countries. With this development, the issue is no longer merely a legal debate or a political bargaining chip; rather, it is a new reality that forces Baghdad to reconsider its relationship with its eastern ally and the legitimacy of the international system.

Economic expert Ahmed Abdul Rabbo explained to Baghdad Today that “activating sanctions on Iran will have direct repercussions on the Iraqi economy, particularly in the energy sector and inter-regional trade, given Iraq’s heavy reliance on Iranian gas and electricity.” He added that this measure “will lead to additional pressure on the local market and higher prices, in addition to increasing demand for the dollar and its impact on the stability of the dinar.”

Cross-cutting political-economic assessments indicate that this comment underscores the fragility of the Iraqi economy, as any disruption to gas or electricity flows from Iran translates immediately into disruption in local markets. Research data indicates that Iraq has already lost thousands of megawatts of electricity production in the past when Iran reduced gas exports due to financial arrears, leaving Baghdad in a position of near-hostage to regional developments.

According to a report by the Tehran Chamber of Commerce, reimposing sanctions in this form does not mean restoring some minor restrictions, but rather a complete restructuring of the legal and economic pressure system. Iranian expert Mohammad Khabri Zadeh told Baghdad Today that “activating the trigger mechanism will once again impact the economic climate and financial markets in Iran, with two possible scenarios: one pessimistic and the other balanced.” He explained that the pessimistic scenario is based on a decline in oil exports, surges in the dollar and gold, and uncontrolled inflation, while the balanced scenario assumes that most of the major sanctions are already in place, but the cost will increase due to the new legal effect. In-depth legal analyses confirm that these developments will force Tehran to strengthen its “resistance economy” policies and implement austerity measures to contain the repercussions.

Economic expert Ziad al-Hashemi wrote that “the fundamental difference in activating the trigger mechanism is that it transforms unilateral US sanctions on Iran into UN sanctions binding on all UN member states.” He explained that this step will increase pressure on countries like China and Russia, which previously dealt with Tehran only partially. According to institutional approaches, this means that Iran’s isolation is likely to expand, and that Iraq, as its largest trading partner, will find itself under additional pressure to adhere to the path of international legitimacy.

Abd Rabbuh stressed that confronting the repercussions requires “diversifying energy sources by opening up to the Gulf states, Turkey, and Jordan, increasing investment in domestic gas to reduce reliance on imports, and developing the financial transfer system to avoid secondary sanctions.” These proposals, according to cross-cutting economic readings, coincide with calls to bolster foreign reserves and tighten controls on the foreign exchange market.

Experts argue that the absence of a clear plan will leave Iraq the weakest link in this equation, making it more vulnerable to international blackmail. Despite the sensitivity of the development, the Iraqi government has yet to announce a clear position. Baghdad Today directed an official question to government agencies about how Baghdad is handling joint issues with Iran in light of the new UN sanctions, but the response was a refusal to comment. According to independent research estimates, this silence may reflect ongoing internal consultations or a fear of adopting a position that would place Iraq prematurely in confrontation with one of the two parties. However, it also increases the state of ambiguity and opens the door to contradictory interpretations, both internally and externally.

With the trigger mechanism in place, the discussion is no longer about future possibilities or scenarios, but rather an existing reality that is pressuring Baghdad politically and economically. Iraq today faces a difficult equation: adherence to international legitimacy, with the resulting internal crises, or siding with the Iranian ally, which entails the risk of secondary sanctions that could affect its financial and regional position.

Legal and political analyses confirm that the decision is no longer a domestic choice as much as it has become a test of Baghdad’s relationship with the world, at a moment that will define the contours of its regional role and the extent of its ability to maneuver between conflicting pressures.

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AN OIL EXPERT EXPLAINS THE IMPORTANCE OF THE BAGHDAD-KURDISTAN AGREEMENT AND ITS IMPACT ON THE GLOBAL MARKET.

Oil expert Furat al-Moussawi considered the oil agreement between Baghdad and the Kurdistan Region a strategic and important agreement that paves the way for future legislation of a new oil and gas law.

He noted that the next three months will be a litmus test of the extent of all parties’ commitment to its provisions.

He pointed out that “Iraq has been restricted in expanding industrial and development projects due to a production quota described as unfair, as its production ceiling has been set at 4.6 million barrels per day since 2018.” Al-Moussawi explained that “Iraq attempted to negotiate with OPEC to increase its oil quota, but the negotiations did not achieve the desired results due to the quantities produced in the region outside SOMO’s quota. These quantities were deducted from Iraq’s OPEC quota and set at 1.4 million barrels from October 2024 until the end of October 2025, which harmed Iraq’s financial revenues and reputation within the organization.”

The expert discussed the demands of oil companies operating in the region, stating that “one of these demands was addressed by setting $16 as an approximate average figure, with an international company to determine the transportation and cost costs to pay those companies’ dues, amounting to approximately $1 billion, which was transferred to the federal government.”

He added, “The previous contract between the region and foreign companies was based on production-sharing, but a compromise formula was reached that allowed for the writing of a new law. Eight companies also requested to sign new contracts with the Baghdad government to guarantee their rights, with the federal government paying the companies $16 in kind through deducting oil quantities, not in cash. This was considered an achievement for those companies, with the agreement to postpone payment of the $1 billion.”

Despite the agreement’s importance, Al-Moussawi described it as “cautious due to its potential financial and legal risks,” noting that “Turkey seeks to cancel the Ceyhan pipeline and conclude a new agreement by the end of 2026, while Iraq has rushed to pump the region’s oil through the existing pipeline to increase its negotiating leverage with Ankara.”

He added, “The region’s oil companies are looking to sign formal international agreements with the federal government,” stressing that “Iraq will participate in the upcoming OPEC meeting on October 5, where it was agreed to raise its quota to 4 million and 220 thousand barrels per day, including between 800 and 900 thousand barrels for domestic consumption, with full commitment to the quota to strengthen its position in subsequent negotiations to increase it.”

Al-Moussawi explained that “Iraq views the Ceyhan pipeline as a strategic option for diversifying export outlets and preventing any smuggling attempts,” noting that “the region’s oil quantities will be counted toward Iraq’s OPEC quota,” noting that “oil derivative prices in the region are very high due to the reliance on private refineries.”

He concluded his remarks by stressing that “setting the 50% share for the region is not the end of the road, as Baghdad will work to raise it to 70% and also supply the region with kerosene and gasoline to ease the burden on citizens.”

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AN ECONOMIC EXPERT PROPOSES A MECHANISM TO BOOST NON-OIL REVENUES BY MORE THAN 8 TRILLION DINARS IN IRAQ.

An economic expert emphasized the multiple opportunities available to Iraq to boost its non-oil revenues, proposing a mechanism that would add more than eight trillion dinars annually to public revenues.

Economist Nabil Al-Marsoumi stated in a post on his Facebook account on Sunday, October 5, 2025, that “religious tourism is one of the most important sources of income for Iraq, surpassing direct financial revenues from development.”

He said, “Regulating religious tourism in Iraq, including imposing entry fees (visas) on all Arab and foreign visitors, will boost non-oil revenues by more than 8 trillion dinars, which is almost double the direct financial revenues from the development path!!”

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Al-SUDANI: EXCHANGE RATE REFORM IN IRAQ SHOULD BE AN EXAMPLE OF COMMITMENT AND CONFIDENCE

According to Prime Minister Mohammed Shia al-Sudani, on Tuesday, the currency reform in Iraq should be an example of commitment and confidence.

The Sudanese will receive today a delegation from KPMG, an international financial audit and consulting firm, during the ongoing protests, the press office said in a statement The company’s cooperation with the Iraqi Monetary Authority guarantees the government’s efforts to enhance the transparency of its operations and maintain the financial reputation of Iraq.

Sudani pointed out that “monetary reform in Iraq should serve as an example of commitment and confidence, and the role that financial audit companies play in the government’s pursuit The government is looking forward to several strategic partnerships with these companies through the credibility of the Iraqi state institutions International Finance and Economics Complex”

“Iraq is committed to implementing the government’s financial and spending reform program, and has played a role in improving financial classification and raising the confidence of international companies,” he said “It is a great achievement in the implementation of compliance standards and the fight against money laundering, and the transition to the latest electronic accounting system.

He stressed the importance of using the company’s expertise in the structure of public companies to promote operational efficiency, public religious administration, technical and legal advice Specialist in contract formulation for large strategic projects”.

The Government supports the efforts of the Central Bank of Iraq and the Iraqi Bank for Commerce in the technical coordination agreement with KPMG to ensure the speedy completion of due diligence and compliance According to international standards, the timetable for the issuance of final expenditure accounts”, he stressed that “the government emphasizes transparency and financial issues as fundamental pillars in construction.

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AL-SUDANI AFFIRMS IRAQ’S COMMITMENT TO IMPLEMENTING THE GOVERNMENT’S FINANCIAL AND BANKING REFORM PROGRAM.

Prime Minister Mohammed Shia al-Sudani affirmed on Tuesday that Iraq is proceeding with the implementation of the government’s financial and banking reform program.

Al-Sudani’s office said in a statement received by Mail that “Prime Minister Mohammed Shia al-Sudani received a delegation from KPMG , a global company specializing in auditing and financial consulting, where the company’s cooperation with the Iraqi banking sector was reviewed, as part of the government’s efforts to enhance the transparency of this sector’s work and sustainably improve Iraq’s financial reputation.”

Al-Sudani pointed out, according to the statement, that “banking reform in Iraq has become a model of commitment and trust, and he commended the role played by financial audit firms in establishing governance and professionalism in this sector.” He emphasized that “the government views a strategic partnership with these firms as a way to enhance the credibility of Iraqi state institutions in the eyes of the international financial and economic community.”

The Prime Minister explained that “Iraq is proceeding with the implementation of the government’s financial and banking reform plans, which has contributed to improving the financial rating, increasing the confidence of international partners in Iraqi banks, and achieving significant progress in implementing compliance and anti-money laundering standards, as well as moving towards modern electronic reporting.” He also pointed out “the importance of benefiting from the company’s expertise in structuring government companies and raising their operational efficiency, public debt management issues, and specialized technical and legal consultations in drafting contracts for major strategic projects.”

He affirmed the government’s support for “the steps taken by the Central Bank of Iraq and the Trade Bank of Iraq to continue technical coordination with KPMG to ensure the rapid completion of audit tasks, adherence to international standards, and the timetable for issuing the banks’ final accounts,” emphasizing that “the government considers transparency and financial accountability to be a fundamental pillar in building a modern national economy.”

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AL-SUDANI: BANKING REFORM IN IRAQ HAS BECOME A MODEL OF COMMITMENT AND TRUST

Prime Minister Mohammed Shia’ Al-Sudani affirmed today, Tuesday, that banking reform in Iraq has become a model of commitment and trust.

His media office stated in a statement received by Al-Rabi’a that “Al-Sudani received today a delegation from KPMG, the global auditing and financial consulting firm. They reviewed the progress of the company’s cooperation with the Iraqi banking sector, as part of the government’s efforts to enhance the transparency of this sector’s work and sustainably improve Iraq’s financial reputation.”

Al-Sudani indicated that “banking reform in Iraq has become a model of commitment and trust, and he valued the role played by financial audit firms in consolidating governance and professionalism in this sector.” He emphasized that “the government views a strategic partnership with these firms as a way to enhance the credibility of Iraqi state institutions before the international financial and economic community.”

He pointed out that “Iraq is proceeding with the implementation of the government’s financial and banking reform plans, which has contributed to improving the financial rating.” Raising the confidence of international partners in Iraqi banks, achieving significant progress in implementing compliance and anti-money laundering standards, and transitioning to modern electronic reporting.”

He stressed “the importance of leveraging the company’s expertise in structuring government-owned companies and improving their operational efficiency, public debt management issues, and specialized technical and legal consultations in drafting contracts for major strategic projects.”

He affirmed “the government’s support for the steps taken by the Central Bank of Iraq and the Trade Bank of Iraq in continuing technical coordination with KPMG to ensure the rapid completion of audit tasks, adherence to international standards, and the timetable for issuing the banks’ final accounts.” He emphasized that “the government considers transparency and financial accountability to be a fundamental pillar in building a modern national economy.”

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

Just the FACTS!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

September 25, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

September 25, 2025 Mnt Goat News Brief

Guten Tag everyone:

Iraq is working hard to clean up loose ends mandated by the U.S. Will it all come together in time…..tick tock,,,, tick tock…

September, September, it’s all about September…….

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 end is very near. I feel this would be a lousy time to end the Newsletter but that is all up to you.

Let’s all try to chip in!

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James 1:5

“But if any of you lacks wisdom, let him ask of God, who gives to all generously and without reproach, and it will be given to him.”

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.

Oh, folks you are going to celebrate today after reading this Newsletter. The news is perfect, absolutely perfect! 😊

On with the REAL news!

Today is Wednesday and I am beginning my Thursday edition of the Newsletter. What pops out in the news from Iraq but an article that is exactly what the CBI told us would be coming shortly. I have to be honest with you I was getting worried that we might not see this in September, which might mean delays, but here it is in the article titled “DELETING THREE ZEROS FROM THE DINAR: CITIZENS’ CONCERNS AND EXPERTS’ WARNINGS”. Please go ahead and read it, then let me explain a bit to you. First, we must bear in mind that there are political and social factions that do not want Iraq to progress forward. They liked it the way it was – corrupt. They are not likely to support any change no matter how good for Iraq. Next, there are many that do not know the long-term reinstatement plan. They only know what they know.

So, why are they asking the citizens what they think in this article? Are they planning to conduct the project to delete the zeros? Did the CBI say they were planning something? Should we expect shortly to hear from the CBI?

I believe that we can answer all these questions with a big fat “YES”.

I quote from the article:

“Analysts believe that the safe path for a decision of this type involves a series of simultaneous steps (see below list of 4 steps)”. But remember has the CBI already addressed these issues? If not, are they being addressed and soon to be completed?

1.strengthening financial reserves,- (Done, Done, Done – “The rise in Iraq’s gold reserves to record levels is a significant financial achievement that reflects the Central Bank’s prudent reserve management policies, enhances confidence in the Iraqi dinar, and provides additional protection for the national economy from global market fluctuations.” I would suggest this part is DONE per article titled “IRAQ’S GOLD RESERVES REACH RECORD HIGH, STRENGTHENING THE DINAR.” Go read it.

2. gradually raising wages to protect purchasing power – (cannot be done until the private sector takes hold with wages outside of the current social govt salary system which is suffocating the country. Iraq must reduce the monthly wage file and transfer this burden over to the private sector).

3. launching broad awareness campaigns – (Done, done, done -Already done many times over but with a delay, the project to delete the zeros the re-education process must take place again).

4.activating oversight mechanisms to prevent the exploitation of opportunities for illegal transactions – (How can anyone not know that this is done. What the hell do they think all the anti-corruption measures and other reforms that the CBI has initiated have been about over the last two years were for? Lol… lol…. Lol….)

Then the article is the results of a survey taken from the CBI and goes on to say and I quote – “The call remains extended to the relevant authorities to initiate a comprehensive national dialogue with citizens and experts before any final decision is made, to avoid negative repercussions that could exacerbate living and financial conditions.” This survey is part of the re-education of the citizens on the project and of course there is much re-education to do. They need to know the FACTS and what areas to address on the re-education process that is about to begin.

So, how much longer are they going to wait? These are just views and options from citizens documented in the article put together by analyst and not the CBI. So, these are the concerns and all negative. But they do not show us the positive views. Remember the CBI told us that during and after conducting the project to delete the zeros there will be period of time to monitor for inflation. In this the citizen’s concerns we can clearly see it is mostly all about inflation and the cost of living. Here is the video that was broadcast in Iraq. My contact in the CBI sent me the link to You Tube once it rolled out there.

Recent CBI Re-education Survey – Project to Delete the Zeros

Now let me give an update on the five stated U.S. concerns with Iraq and their progress:

😊If you are a faithful follower of my blog you know already all the very good news we have witnessed in the past couple months. You know of the five issues the U.S. told Iraq they had to complete prior. Then today we also hear of news of the agreement between Iraq, Kurdistan and oil companies in the article titled “KURDISTAN: ALL OIL COMPANIES SIGNED THE TRIPARTITE AGREEMENT EXCEPT ONE, AND THIS DOES NOT AFFECT” The Ministry of Natural Resources in the Kurdistan Region confirmed, on Wednesday, the completion of its oil export obligations, while indicating that it is awaiting the signing of the agreement with the federal government. The company emphasized that resuming oil exports from Kurdistan would restore Iraq’s position as a primary source of oil for the thirsty European market. This is revenue of 11 million dollars per day.

Can you say Oil and Gas Law almost done?

😊We also read about the news on the Banking Reform Plan that emphasizes the smaller private banks but also applies to all banks in Iraq. These reforms should clean up any remaining corruption in these smaller banks and ensure all banks stay solvent. It was indicated that implementing the plan would rid the Iraqi banking system of most of its problems and “clear its reputation.” He explained that the plan would force “shop” bank owners to pay the price for establishing banks without banking standards and controls, and for living off dollar transfers. (In other words clean up your act or you will be forced out of business).

Can you say banking reforms almost done?

😊In my September 23 Newsletter it was told the U.S. designated four groups in Iraq as terrorist groups. See article titled “WASHINGTON OFFICIALLY DESIGNATES FOUR IRAQI ARMED FACTIONS AS “TERRORIST” ORGANIZATIONS.” Then later an article comes out telling us that the U.S. is making plans to go after these terrorist groups and clean Iraq from these Iranian backed militias.

Can you say Expulsion of PMP is getting done?

😊We also just read in past news that the Black Market (parallel market) vs the Official CBI rate is down more than 60% and jumps down even more from time to time.

Can you say that the Parallel Market is almost done?

😊Okay so other plans to draw in the stashes of cash from under their mattresses did not work as planned and now they are planning yet another final plan, the plan they did not want to wait for, but they are now in the final stages and have no other option to get in these stashes of cash.

Can you see that the stashes of cash are on their way to the bank but they will need the Project to Delete the Zeros to do it?

I have included in the Newsletter today president Trump’s full speech at the UN council meeting in NYC. Did you watch it? Then we know that the Iraqi president Rashid met with the U.S. president Trump. See article titled “PRESIDENT RASHID AT UNGA 80: IRAQ RESTORES INTERNATIONAL STANDING”

I need all my readers to see a correlation here. It is between when the news comes out for what we want (the RV process beginning) compared to the news that comes out about accomplishing these five areas of concern. Then the closer these concerns go to getting resolved, the more amazing the news for us. Do you see it too? It is all nothing but amazing for Iraq.

😊Then in another recent article titled “PRESIDENT: IRAQ IS READY TO BECOME A POINT OF CONTACT BETWEEN EAST AND WEST” Iraq is practically telling us that they are getting ready to finalize their plan to join the rest of the world again.

To do this they will need their currency opened back up to the world. Here is the guts of what president Rashid said and I quote “I am proud to stand before you, to speak on behalf of Iraq, with the long history you know, and to thank the United Nations for its role in supporting and defending the democratic system,” Iraqi President Abdul Latif Jamal Rashid said. – Iraq is ready to become a point of contact between East and West. “Iraq has regained its normal position in the international community and its relations with its neighbors and is ready to become a point of contact between East and West,” he said.

IRAQI PRESIDENT JAMAL RASHID ADDRESSES UNITED NATIONS

What else is in the news?

Next, I know many have concerns about the BRICS and its so-called possibility of becoming the median of exchange in the near future, over riding the US Dollar. I have to tell you it’s NOT going to happen any time soon, if ever. You might want to read the article titled “WHAT BRICS HAS TO LOSE AT THIS YEAR’S U.N. GENERAL ASSEMBLY”.

BRICS is named after its first five members: Brazil, Russia, India, China, and South Africa, which joined after the group’s founding in 2009. The name BRIC was coined in 2001 by a Goldman Sachs economist who saw the four original members coalescing into a mega-economy that could challenge the power of the Western world. Russian President Vladimir Putin thought that sounded like a great idea and hosted the first official summit in 2009. China invited South Africa to join the following year, thus the “S’ in BRICS.

There is not much more to add to the recent news from Iraq. Today’s news only confirms what we were previously told and we can see it is all moving ahead.

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:

Prophetic Words from prophet: Barry Wunsch

“ Entering A Year Like Never Before”

You can start watching the video at the 13:04 mark. From Sept 24

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

THE “GREEN SCAM”. WE NEED TO HONOR THE TRUTH ABOUT THIS NARRATIVE FROM THE UN. ARE WE BEING SCAMMED?

Is it time to wake up?

The next video is long but chock full of information on the impact of not thinking through and using common sense on the climate change scam and doing a knee-jerk reaction.

What is it all really about then?

ITALY’S PM GIORGIA MELONI DELIVERS REMARKS TO THE UNITED NATIONS

Meloni. like Trump in his recent UN remarks, are making a case already for their country pulling out of the UN. King Abdullah also erupts at UN General Assembly over Gaza. I would have to add that if you listen to all the speakers that day from member nations, more than half had a bone to pick with the UN for lack of action in helping these recent crisis after crisis. In fact, most said they added to the crisis by warped policies or conjured up the crisis to begin with.

So, we can hear it already, no not directly, but the words are there if you listen carefully. They are already making the case to leave the UN or shut down the UN. I ask is it doing more harm than good?

We are at just the crust of the OPENING of exposure of the corruption in the UN and what these leaders have done to the world since its existence. What is the organization’s real intent and goals? Are they living up to the charter to which they are supposed to follow, as member nations think? How trillions of dollars have been wasted on “woke” policies and “fake” narratives. Many say their primary objective has been only to lay the groundwork for their globalist agenda and a One World Government.

Has the UN outlived its usefulness? Has it gotten so corrupt it now must be reorganized or banned.

Will Aberta Canada be the 51^st State?

VOWS TO EXPEL HUNDREDS OF THOUSANDS OF ILLEGAL IMMIGRANTS FROM THE UK

Sound familiar?

WHO ARE THE REAL CULPRITS OF CANCELED FREE SPEECH: First Amendment Rights

“MOST PEOPLE HAVE NO IDEA WHAT’S ABOUT TO HAPPEN AFTER TRUMP’S RESPONSE TO ILHAN OMAR”

TRUMP REALLY STUCK IT TO THEM

TRUMP’S FULL ADDRESS TO THE UNITED NATIONS

Tuesday at the United Nations, NYC

DEMS BLOW THEIR LID OVER JIMMY KIMMEL

Of course, the Dems these days have nothing else constructive to do and so why not continue their attack on Trump. Folks, you can’t make this stuff up. It has gotten to the point of being so ridiculous and does not even make sense.

WHO’s REALLY INSIGHTING PEOPLE TO COMMIT THIS VIOLENCE?

Again, someone sent these politicians a script to follow to get on the news in front of the cameras. Yes, it was time to call Trump a “fascist”.

My point is not so much that they called Trump a fascist, as we all know he is not and we don’t buy their stupid rhetoric. Instead, I just wanted to bring out how someone behind the scenes is telling them what to say and when to say it. Is it coincidental that all get on the band wagon at the same time and call him the same nasty words. Now after their wishes of violence have come true with the two assassination attempts on Trumps life and not the actual killing of Charlie Kirk, we must take a step back and ask who is really insighted the violence and how do we stop this?

I COULD NOT HAVE SAID IT ANY BETTER….

Katie Hopkins speaks out in London 2025 on regaining our freedoms.

IRAQ’S GOLD RESERVES REACH RECORD HIGH, STRENGTHENING THE DINAR.

An economic expert revealed that Iraq’s gold reserves have reached record levels, unprecedented for the Central Bank, in a clear indication of the country’s strengthening financial strength.

Record growth in reserves

Economic expert Munir al-Obaidi said in a post on his social media page on Wednesday, September 24, 2025, that the Central Bank of Iraq’s gold reserves exceeded 24 trillion dinars, a 13.3% annual increase and a 135% increase compared to 2022.

He added that gold reserves accounted for 20% of the total reserves, which amounted to 123 trillion Iraqi dinars. He noted that this figure represents a record high since the establishment of the Central Bank of Iraq, as gold reserves had previously not exceeded 20 trillion dinars, and its contribution to total reserves had never reached 20% before.

The impact of gold on the Iraqi economy

Al-Obaidi explained that reaching this level of gold reserves enhances the strength and value of the Iraqi dinar, especially in light of the global fluctuations witnessed by various currencies, including the dollar.

He pointed out that the Central Bank of Iraq is keen to increase the percentage of gold reserves because it represents a factor of safety and financial stability in the face of international economic fluctuations, and enhances the ability to confront any potential financial crises.

Conclusion

The rise in Iraq’s gold reserves to record levels is a significant financial achievement that reflects the Central Bank’s prudent reserve management policies, enhances confidence in the Iraqi dinar, and provides additional protection for the national economy from global market fluctuations.

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DELETING THREE ZEROS FROM THE DINAR: CITIZENS’ CONCERNS AND EXPERTS’ WARNINGS

Talk of the possibility of removing three zeros from the Iraqi currency has raised concerns among a wide segment of citizens and economists alike, amid questions about the national economy’s readiness and families’ ability to withstand the shock of a currency change, given insufficient salaries and unfulfilled reform requirements.

Many citizens believe that reducing the number of zeros will reduce the nominal value of wages and pensions, making the decision worrisome unless it is preceded by real salary increases and the provision of a social safety net that enables citizens to adapt to the change.

One citizen said, “Before making this decision, the government should reach out to citizens and increase salaries and daily wages, because existing salaries are already weak and insufficient, and a measure like removing zeros will only increase people’s suffering.” Another citizen added that implementing this measure requires a strong economy, sufficient financial reserves, and a lack of dependence on foreign policies such as those of the US Federal Reserve.

From a professional perspective, economic experts believe that deleting zeros is not without risk in the current circumstances, and that its implementation requires a series of preliminary measures that could extend for months.

Speaking to Kurdistan 24, Dr. Safwan Qusay, an economic expert, warned that “financial and economic stability at this time cannot tolerate a financial shock. Such a measure requires months of preparation, and the direct victims could be employees.” He emphasized that its implementation imposes strict security and banking controls, including border and airport monitoring, and identifying the sources of currency and its holders to prevent suspicious flows.

Other circles fear that deleting zeros could open the door to the exploitation of corrupt funds, and could be used as a pretext for money laundering and the disposal of assets accumulated by major corrupt individuals if implemented without transparent mechanisms and strict oversight.

Analysts believe that the safe path for a decision of this type involves a series of simultaneous steps: strengthening financial reserves, gradually raising wages to protect purchasing power, launching broad awareness campaigns, and activating oversight mechanisms to prevent the exploitation of opportunities for illegal transactions. The call remains extended to the relevant authorities to initiate a comprehensive national dialogue with citizens and experts before any final decision is made, to avoid negative repercussions that could exacerbate living and financial conditions.

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THE PRESIDENT WILL STRENGTHEN IRAQ’S RELATIONS WITH COUNTRIES FROM NEW YORK

Iraqi President Dr. Latif Jamal Rashid attended the 80th anniversary celebrations of the United Nations on Monday, September 22,

The president’s participation in the UN ceremony reflects Iraq’s appreciation for the efforts of the United Nations to maintain international peace and security and respect for human rights and the principles of freedom.

The ceremony was attended by Deputy Prime Minister and Foreign Minister Fuad Hussein, Deputy Prime Minister Gubad Talabani, National Security Advisor Qasim al-Araaji, Presidential Advisors and Experts Dr. Ali Shukri and Prime Minister’s Advisor Dr. Khalid Yaqubi.

Iraqi President meets with his Portuguese counterpart

Iraqi President Latif Jamal Rashid met with Portuguese President Marcelo Ribeiro de Souza in New York on Tuesday, September 23, 2025, as part of his participation in the 80th session of the UN General Assembly.

The meeting discussed developments in the general situation at the international level and bilateral relations between the two countries, in which the President stressed that Iraq’s policy is based on openness and strengthening cooperation relations with the world in order to ensure and strengthen regional and international stability.

He also praised the Portuguese stance in supporting the Palestinian cause and the Palestinian people and stressed the importance of continued coordination in international forums to support the rights of the Palestinian people and end the aggression they face.

For his part, Marcelo Ribeiro de Souza thanked his country for its relations with Iraq and expressed his country’s desire to expand the horizon of bilateral cooperation and support Iraq’s efforts in the field of reconstruction.

The meeting was attended by Deputy Prime Minister and Foreign Minister Fuad Hussein, Ivan Faiq Jabro, Minister of Immigration and Refugees, Dr. Kamil Dlaimi, Head of the Presidential Office and a number of officials from both sides.

Iraqi President and Azerbaijani President meet

Iraqi President Latif Jamal Rashid met with Azerbaijani President Ilham Aliyev at the UN headquarters in New York on Tuesday.
The meeting discussed bilateral relations between the two countries and how to develop mutual cooperation opportunities.

The two presidents exchanged views on a number of regional and international issues and stressed the importance of coordination and positions on the UN agenda.

The President reiterated Iraq’s commitment to build balanced coordination and open new horizons for coordination that will serve security and stability and benefit the peoples of the region.

For his part, President Aliyev expressed his appreciation for Iraq’s positions in promoting international peace and security and his country’s willingness to expand cooperation and develop coordination between the two friendly countries.

The meeting was attended by Deputy Prime Minister and Foreign Minister Fuad Hussein and Deputy Prime Minister Gubad Talabani; and the Chairman of the Board of Advisors and Experts in the Presidency, Dr. Ali Shukri and a number of senior officials from both sides.

Iraqi President meets with his Armenian counterpart

د. President Latif Jamal Rashid received Armenian President Vahagan Khachaturian at his residence in New York on Monday.

The meeting discussed bilateral relations between the two countries and how to develop cooperation in the fields of economy, culture and higher education.

The President stressed the importance of expanding the horizons of cooperation and coordination in international forums.

The meeting also discussed the work of the General Assembly meetings and their outcomes, as well as the current international situation.

The two presidents exchanged views on the challenges facing the international community, including growing international tensions, food and energy security crises, migration and climate change, while stressing respect for international law and the principle of dialogue to resolve conflicts and maintain international peace and security.
During the meeting, the two sides reaffirmed their commitment to support multilateral efforts to resolve global challenges and develop international solidarity in the face of security, humanitarian and economic crises.

The meeting was attended by Deputy Prime Minister Gubad Talabani and Dr. Saleh Hasnawi, Minister of Health; Dr. Kamil Dulaimi, Head of the Presidential Office; Khalid Yaqubi, Advisor to the Prime Minister and a number of senior officials of both sides were present.

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PRESIDENT: IRAQ IS READY TO BECOME A POINT OF CONTACT BETWEEN EAST AND WEST

I am proud to stand before you, to speak on behalf of Iraq, with the long history you know, and to thank the United Nations for its role in supporting and defending the democratic system,” Iraqi President Abdul Latif Jamal Rashid said.

Iraq is ready to become a point of contact between East and West

“Iraq has regained its normal position in the international community and its relations with its neighbors and is ready to become a point of contact between East and West,” he said.

Iraqi minorities will not be genocided again

Dr. Latif Rashid said that our efforts to return the refugees need international support, it is important to assure minorities in Iraq that they will not face genocide again, he said, as a lawyer working for clean elections and peaceful transfer of power We are working to activate the investment of our great potential, and we call on investment countries to turn to Iraq.

Drought and desertification threaten Iraq

Regarding climate change and drought, the Iraqi president warned that Iraq is one of the countries most affected by climate change, water shortages, drought and desertification threaten the existence of Iraq, so Turkey and Iran should be careful not to harm Iraq.

The establishment of a Palestinian state is the only way to peace

“There is an urgent need to stop the war in Gaza and the establishment of a Palestinian state is the only way to achieve peace in the Middle East,” he said.

The Syrian government must respect coexistence

Dr. Latif Rashid said that the Syrian government must respect pluralism and coexistence.

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KURDISTAN: ALL OIL COMPANIES SIGNED THE TRIPARTITE AGREEMENT EXCEPT ONE, AND THIS DOES NOT AFFECT

The Ministry of Natural Resources in the Kurdistan Region confirmed, on Wednesday, the completion of its oil export obligations, while indicating that it is awaiting the signing of the agreement with the federal government.

The ministry said in a statement received by (Al-Youm Al-Akhbariya), that “the Ministry of Natural Resources has fulfilled all its obligations related to the export of oil from the Kurdistan Region with the federal Ministry of Oil, within the framework of the recommendations and decisions of the Council of Ministers.”

It added that “all local and foreign companies signed, with the exception of one foreign company that did not sign the agreement, which does not affect the tripartite agreement between our ministry, the companies, and the federal Ministry of Oil.”

It continued: “We are awaiting the response of the federal Ministry of Oil to sign the agreement, so that the State Oil Marketing Organization (SOMO) can start exporting oil as soon as possible and implement the terms of the agreement.”

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WHAT BRICS HAS TO LOSE AT THIS YEAR’S U.N. GENERAL ASSEMBLY

The 2025 United Nations General Assembly will be an important week for the China-dominated BRICS economic collective.

By John Hayward

The 2025 U.N. General Assembly (UNGA) will likely be dominated by the drama over European states unilaterally declaring Palestinian independence, but it will also be an important week for the BRICS economic collective, which has positioned itself as an alternative to the post-World War II international order led by the United States and Europe.

BRICS is named after its first five members: Brazil, Russia, India, China, and South Africa, which joined after the group’s founding in 2009.

The name BRIC was coined in 2001 by a Goldman Sachs economist who saw the four original members coalescing into a mega-economy that could challenge the power of the Western world. Russian President Vladimir Putin thought that sounded like a great idea and hosted the first official summit in 2009. China invited South Africa to join the following year.

Five new members were added in 2023, including Egypt, Iran, the United Arab Emirates (UAE), and Ethiopia. In October 2024, 13 more “partner countries” were added, gaining what amounted to observer status at BRICS meetings. Partner nation Indonesia graduated to full membership in January 2025.

Argentina and Saudi Arabia were also invited to join BRICS in 2023. Argentina, under pro-U.S. libertarian President Javier Milei, declined the invitation, while Saudi Arabia is keeping its options open.

The current roster of BRICS is a somewhat uneasy mixture of bad actors like Russia and China, which hope to build the bloc into an effective counter to the U.S.-led Group of Seven (G7) nations, and countries like India and the UAE, which are not quite so eager to climb aboard an explicitly anti-Western alliance dominated by Beijing. Brazil holds the rotating presidency of BRICS this year, but no serious observer doubts that China is the permanently commanding member.

BRICS has definitely grown in influence, with its membership now encompassing something like a quarter of the planet’s Gross Domestic Product (GDP) and half its population, but its membership remains sharply divided on both political and economic issues. One of the few things they have in common is a feeling that the international system has been dominated by the U.S. and Europe for too long.

As the Council on Foreign Relations (CFR) pointed out in a June 2025 analysis, the most important thing BRICS actually does at the moment is manipulate institutions like the United Nations. BRICS desperately needs a strong, active, and well-funded U.N. to keep itself relevant.

There has been some meaningful economic coordination between the members, and some of them dream of creating an alternative financial system that would dethrone the U.S. dollar, but the BRICS development funds are a fraction of the size of the World Bank and International Monetary Fund (IMF).

The Russian invasion of Ukraine in 2022 caused a good deal of tension between the members, especially since many of them believe the highest aspiration of BRICS is to prevent smaller nations from getting steamrolled by superpowers. Supporting, or tacitly accepting, Putin’s war of conquest made it harder for the other members to claim they desire respect for smaller nations above all other goals.

Within the BRICS coalition, India would very much like to be the leader of the “Global South” constellation of developing nations, rather than China (for either of those titanic, resource-hungry economies to claim they are “developing nations” is increasingly laughable).

Some of the older members fear the 2023-2025 membership drive would dilute their own influence. A few of them have been reluctant to burn bridges with the United States by pledging themselves to a hostile China-dominated alliance whose stated goals include blowing up the American currency.

With that in mind, the UNGA is perhaps the most important platform for BRICS. The U.N. hierarchy has been quicker to recognize BRICS as a major force in global politics than the U.S., NATO, or the G7. Secretary-General Antonio Guterres has become a regular speaker at BRICS summits, where he often salutes the bloc as more amenable to globalist goals than the Western world, especially since President Donald Trump returned to office.

President Trump’s tariff diplomacy has given the BRICS nations some reasons to cleave together, but has also prompted some anxiety because the bloc cannot collectively replace the income its members gain by trading with the United States. Trump is also cutting back on American funding for international programs that the BRICS members rely upon. His whole approach has been calling globalism’s bluff as an illusion disproportionately financed by the American taxpayer.

This is not really a conversation most of the BRICS members want to have right now, years before they might be truly ready to compete with the Western economy. There is also little opportunity for this year’s UNGA to give the BRICS nations a chance to take center stage on major international affairs. They are largely tangential to the Palestinian-Israeli drama and, as mentioned, Russia’s war in Ukraine is an uncomfortable subject for them, given that one of the founding BRICS members is the perpetrator.

The best outcome BRICS might expect from UNGA would be a strengthening of the international institutions in which they would like to hold more important roles, such as the United Nations itself. The problem is that Trump seems unlikely to reopen America’s wallet, and no one else can match the funding America provided.

India is working on delicate trade negotiations with the United States at the moment, including meetings on the sidelines of UNGA, so it will probably want to avoid antagonizing the United States with theatrics at the General Assembly. Brazil and South Africa have strained relations with America at the moment, while Russia and China are outright adversaries.

The more trouble the BRICS nations cause at the UNGA, the more they might weaken America’s interest in the United Nations itself, and the Palestinian drama is likely to test Trump’s patience. If the senior and junior members of BRICS are smart, they will spend much of the coming week talking about how much they love and respect the United Nations.

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PRESIDENT RASHID AT UNGA 80: IRAQ RESTORES INTERNATIONAL STANDING

President of the Republic of Iraq, Dr. Abdullatif Jamal Rashid, addressed the 80th Session of the United Nations General Assembly in New York, affirming Iraq’s restored role on the international stage and outlining the country’s vision for peace, development, and regional stability.

President Rashid highlighted Iraq’s leadership as current chair of both the Arab Summit and the Group of 77 and China, noting the country’s active participation in organisations such as OPEC, the Non-Aligned Movement, and the Organisation of Islamic Cooperation. He underlined that Iraq is once again a constructive partner in international and regional affairs.

President Rashid announced that Iraq is preparing for its sixth parliamentary elections, consolidating the process of peaceful power transfer, which he described as a “bright example” in the region. He reaffirmed Iraq’s democratic path, commitment to free and fair elections, and readiness to host international or regional UN offices as part of strengthening cooperation.

On security, President Rashid recalled Iraq’s successful fight against terrorism, stressing that global efforts must hold accountable all parties who finance or support extremist groups. He also urged collective implementation of UN Security Council resolutions on counter-terrorism.

Addressing humanitarian issues, President Rashid said Iraq continues to prioritise the safe return of displaced persons to liberated areas, while requiring international assistance to rebuild devastated cities. He underscored the importance of protecting minorities such as Yazidis and Christians and ensuring their right to live securely in their ancestral lands.

Turning to economic and development matters, Iraqi President said the country is pursuing reforms and diversifying its economy beyond oil, with significant investment opportunities in energy, water, electricity, agriculture, industry, and infrastructure. He called on the international community to support Iraq in recovering smuggled funds and expanding partnerships.

On environmental challenges, President Rashid warned that Iraq is among the countries most severely affected by climate change, citing desertification, water scarcity, and intensifying dust storms. He outlined Iraq’s efforts to develop renewable energy, improve water management, and cut carbon emissions, while urging stronger international cooperation, particularly with upstream countries on fair water-sharing agreements for the Tigris and Euphrates rivers.

President Rashid also used the platform to reaffirm Iraq’s principled foreign policy. He called for an immediate end to the suffering of Palestinians, condemning ongoing aggression in Gaza and other violations of sovereignty in the region. He renewed Iraq’s support for the establishment of an independent Palestinian state as the only path to lasting peace in the Middle East.

On regional stability, he rejected the use of Iraqi airspace for military operations and stressed the need to keep the Middle East free of weapons of mass destruction, while supporting the peaceful use of nuclear energy under international oversight. He also reiterated Iraq’s readiness to foster dialogue among regional powers and promote cooperation instead of conflict.

Concluding his speech, President Rashid declared: “Iraq’s message is clear: We are not asking for sympathy, but for partnership – a partnership to heal our land, secure our rivers, achieve our security, empower our youth, and unite our region rather than divide it.”

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WITKOFF: TRUMP HAS PRESENTED REGIONAL LEADERS WITH A PLAN FOR PEACE IN THE MIDDLE EAST

The US special envoy for the Middle East says he expects major progress on Gaza in the coming days and revealed that the US president has presented a comprehensive plan for the Middle East to Arab and Islamic countries.

US Special Representative for the Middle East Steve Witkoff said Wednesday that the US president has made several ideas during a meeting with Arab and Islamic leaders on the sidelines of the UN General Assembly.

“We have presented a plan called ‘Trump’s 21-point plan’ for peace in the Middle East and Gaza,” he said.

“I think this plan responds to Israel’s concerns as well as the concerns of all its neighbors in the region; we hope and I can even say we are sure that we can announce some kind of major progress in the coming days,” Witkoff said.

Witkoff and Trump have repeatedly expressed hope for an end to the devastating nearly two-year war. On Tuesday, Trump met with leaders of Turkey, Egypt, Pakistan, Qatar, the UAE, Jordan and Indonesia on the sidelines of the UN General Assembly to discuss ending the Gaza war and releasing hostages.

After the meeting, they issued a joint statement highlighting the tragic situation in the Gaza Strip and its dangerous consequences for the region and its impact on the Islamic world in general. They also reiterated their common position against the forced relocation of the residents of the sector.”

Arab and Islamic leaders stressed the need for a comprehensive plan for the reconstruction of Gaza and the need to end the war and reach an immediate ceasefire that secures the release of hostages and allows the flow of necessary humanitarian aid as a first step towards a just and lasting peace.

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HIGHLIGHTS FROM IRAQ’S ADDRESS TO THE 80TH SESSION OF THE UN GENERAL ASSEMBLY

🔷 Iraq has regained its rightful place in the international community and in its relations with neighbors, chairing the Arab League summit and the Group of 77 and China, while maintaining an active role in regional and international organizations.

🔷 Parliamentary elections — the sixth since 2003 — will take place in the coming weeks, reaffirming the peaceful transfer of power and the consolidation of constitutional institutions, a remarkable achievement in the region.

🔷 With the support of its partners, Iraq defeated the most dangerous terrorist threat of our time and is now working to erase its remaining traces through national unity, development strategies, and forward-looking policies.

🔷 Efforts continue to return displaced families to their homes after liberation from terrorism, with international support needed to rebuild devastated towns and reassure communities such as Yazidis and Christians who endured genocide, enslavement and displacement.

🔷 Iraq is pursuing sustainable economic and social development by unlocking its vast potential, reducing dependence on oil and diversifying the economy through agriculture, industry and renewable energy.

🔷 Significant investment opportunities are available in water, electricity and infrastructure projects, with a call for international partnerships. Cooperation is also sought to recover funds stolen and smuggled abroad.

🔷 A national population census — the first in decades — showed Iraq’s population exceeds 46 million and grows by nearly one million annually, presenting both opportunities and challenges.

🔷 Iraq is among the countries most affected by climate change, facing desertification, water scarcity as an existential threat and intensifying dust storms.

🔷 The country is responding with renewable energy projects, improved water management, reduced carbon emissions and expanded green zones.

🔷 The principle of “common but differentiated responsibilities” remains essential in addressing climate change, particularly in the fair management of shared and transboundary rivers.

🔷 While recognizing pressures from climate change and population growth, Iraq calls on Turkey and Iran to avoid measures that harm Iraq, through which the Tigris and Euphrates flow from north to south.

🔷 The killing, starvation, displacement and destruction inflicted on Palestinian civilians represent a disgrace to humanity and must be stopped immediately.

🔷 A just and lasting resolution of the Palestinian issue — rooted in UN resolutions and culminating in an independent Palestinian state — remains the only path to peace and stability.

🔷 Aggressions by the Zionist entity in Syria, Lebanon and most recently Qatar are condemned as clear violations of international law and the UN Charter.

🔷 Iraq renews its call for a Middle East free of weapons of mass destruction, while affirming the right of all states to peaceful nuclear energy and demanding international inspections of all facilities, including those of the Zionist entity.

🔷 Iraq supports Syria’s sovereignty, stability and territorial integrity, seeks stronger cooperation in counterterrorism and urges respect for pluralism, coexistence and freedom of worship.

🔷 Unauthorized use of Iraqi airspace for military operations is firmly rejected as a violation of sovereignty and a threat to citizens’ safety.

🔷 Diplomatic initiatives to restore dialogue between Iran and the international community are welcomed, with the aim of securing an agreement that safeguards Iran’s right to peaceful nuclear energy within international obligations.

🔷 Full support is expressed for the peace process in Turkey and for the Kurdistan Workers’ Party’s decision to abandon armed struggle, with a call for a political and legal framework enabling peaceful participation.

🔷 Since 2003, Iraq has upheld a principled policy of good neighborliness with Kuwait, strengthening bilateral ties and working to resolve all outstanding issues left by the former dictatorship.

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IRAQ: END OF CURRENCY REFORM STAGE

Iraq has officially entered the final stage of its longawaited currency transformation,

as confirmed by Prime Minister Muhammad Shia al-Sudani.

This historic shift marks a significant step in modernizing Iraq’s financial system,

including the modernization of banks and stronger regulations. The announcement

comes after years of reforms aimed at stabilizing the Iraqi dinar and improving its value against foreign currencies.

The Iraqi government has also taken measures to contain the dollar exchange rates, such as increasing the number of beneficiaries from the social protection network and

allowing government banks to sell dollars to citizens at the official rate.

Additionally, the government plans to end the dollar auction system at the Central Bank by yearend, aiming to integrate Iraqi banks into global banking and shift to directcommercial banking transactions altogether. These actions are part of a broader effort to digitize government services, improve the

salary disbursement process, and enhance the stability of the Iraqi dinar exchange rate against foreign currencies.

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

Just the FACTS!

Auf Wiedersehen

Much love to ya all,

Mnt Goat

ABOUT THE NEWSLETTER:

December 2, 2025 Mnt Goat News Brief

GIVE A GIFT TO MNT GOAT

Let’s all try to chip in!

2 Corinthians 9:10

“Now he who supplies seed to the Sower and bread for food will also supply and increase your store of seed and will enlarge the harvest of your righteousness”

STATUS OF THE RV

So, how close are we then to the RV?

What does the IMF say about it? Are they ready to support the RV?

My Saturday call to Iraq:

Iraq is set to implement a new currency mechanism on December 1, 2025

What else is in the news?

Leave a comment Cancel reply

______________________________

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

Just the FACTS!

PRAYING WITH SINCERITY

Prophetic Words from prophet: Julie Green

“Are You Prepared Of What Is About To Strike Your Nation?”

“Martial Law Must Take Place To Free Your Nation”

KIM CLEMENT WARNED THIS WOULD HAPPEN IN NEW YORK

UFOS ARE NOT JUST IN OUR IMAGINATION ANYMORE…OR WERE THEY EVER JUST IMAGINARY?

A LIBERAL DEMOCRAT PREARRANGED NEW NARRATIVE THAT THEY ARE BUILDING SLOWLY AGAINST TRUMP IS BEING BORN. HERE WE GO AGAIN…

A PREEMPTIVE STRIKE ON PRESIDENT TRUMP’S AUTHORITY AS COMMANDER AND CHIEF

TIM WALZ SPIRALS AND RUNS OFF MSNBC WHEN ASKED ABOUT THE CORRUPTION IN HIS OWN STATE

TRUMP AIMS TO REVOKE BIDEN-ERA PARDONS SIGNED ‘ILLEGALLY’ WITH AUTOPEN

Can president actually do this legally and constitutionally?

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

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

5 STATES CUTTING PROPERTY TAXES TO ZERO

THE CENTRAL BANK WANTS TO SOLVE THE CASH PROBLEM

THE 2026 BUDGET IS ON THE PLANNING TABLE… A DISCUSSION OF THE GENERAL FRAMEWORK AND PLANS FOR SUBSEQUENT YEARS.

THE CENTRAL BANK WARNS: ENTITIES ARE SPREADING RUMORS TO RAISE THE DOLLAR’S VALUE IN THE MARKET.

PRESSURE ON THE CENTRAL BANK TO CHANGE THE EXCHANGE RATE CONSTITUTES INTERFERENCE WITH ITS INDEPENDENCE.

THE IRAQI DINAR: STABLE AND CONSISTENT

IRAQ IS REVIVING THE THREE-YEAR BUDGET EXPERIMENT; THE MINISTRY OF PLANNING HAS BEGUN DISCUSSING IT IN PREPARATION FOR PRESENTING IT TO DECISION-MAKERS.

HOSHYAR ZEBARI: AL-SUDANI HAS A GOLDEN OPPORTUNITY TO BOOST HIS CHANCES OF RUNNING FOR A SECOND TERM.

THE ELECTORAL COMMISSION ANNOUNCES THE DATE FOR SENDING THE ELECTION RESULTS TO THE FEDERAL COURT.

A LEADER IN THE AZM MOVEMENT: MUTHANNA AL-SAMARRAI IS THE MOST LIKELY CANDIDATE FOR SPEAKER OF PARLIAMENT.

TRUMP’S ENVOY RECEIVES PRESIDENTIAL DIRECTIVES REGARDING THE IRAQ FILE

INCOME GAP: IRAQ LAGS BEHIND OIL-PRODUCING COUNTRIES DESPITE ITS ENORMOUS WEALTH

THE CENTRAL BANK WARNS THOSE SPREADING RUMORS ABOUT THE DOLLAR EXCHANGE RATE.

THE GOVERNOR OF THE CENTRAL BANK OF IRAQ PARTICIPATES IN THE ARAB BANKING CONFERENCE 2025

SAVAYA: BIG CHANGES ARE COMING TO IRAQ

SAVAYA: I WILL ARRIVE IN IRAQ WITHIN THE NEXT TWO WEEKS.

A GOVERNMENT STRIPPED OF FACTIONS: THE AMERICAN CONDITION CLASHES WITH THE WILL OF THE IMF IN BAGHDAD.

IN COOPERATION WITH THE ASSOCIATION OF PRIVATE BANKS, THE FIRST PHASE OF THE “PULSE OF MOSUL” PROJECT HAS BEEN LAUNCHED.

POLITICAL ANALYST: WASHINGTON CONTROLS 90% OF THE GOVERNMENT FORMATION DECISION… AND THE COORDINATION FRAMEWORK AWAITS SAVAYA’S CONDITIONS.

THE CENTRAL BANK POSTPONES THE REQUIREMENT FOR PRIOR CUSTOMS DECLARATIONS UNTIL 2026 AND EXEMPTS FOUR GOODS FROM THE DECISION.

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

Just the FACTS!

ABOUT THE NEWSLETTER:

October 30, 2025 Mnt Goat News Brief

GIVE A GIFT TO MNT GOAT

Let’s all try to chip in!

Psalm 37:4

“Delight yourself in the Lord; And He will give you the desires of your heart.”

STATUS OF THE RV

What else is in the news?

Q & A

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

Prophetic Words from prophet: Julie Green

“YOUR ENEMIES ARE PLANNING FOR A DARK WINTER”

“MAJOR CITIES ARE TARGETS FOR UPRISINGS AND TERRORIST ATTACKS”

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

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

WHAT CRIME(S) WAS JACK SMITH INVESTIGATING?

FBI OPERATION ‘ARCTIC FROSTBITE’

DEMS ENRAGED OVER WHITE HOUSE DEMOLITION