September 23, 2025 Edition of 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:

September 18, 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. As I suggested I will probably have a LIVE conference call once the reinstate happens to help clarify issues in the exchange process. It is all up to you if you want me to help.

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

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. Get it?

As we are over the midpoint of September, already coming around the bend to October, tick tock, tick, tock.

😊When we look at the progress of Iraq we must bear in mind that it is a small country of only about 45 million citizens. We must also remember the two wars involving Iraq and then the corruption involved in stealing so much of its wealth since 2003. So, knowing all this take a look at the article titled “AL-SUDANI: THERE IS A MAJOR ECONOMIC TRANSFORMATION IN IRAQ… INVESTMENTS TOTAL $100 BILLION”. “Prime Minister Mohammed Shia al-Sudani announced today, Thursday, September 18, 2025, that the volume of investments in Iraq has reached $100 billion.” Today the U.S. president Trump spoke at the UN and stated that since he took office eight months ago, the US has realized upwards of 17 trillion in investment money. Yes, this makes Iraq investments look like peanuts. But just bear in mind everything when you read it. Soon Iraq will be boasting trillions too.

😊Then let’s look at the article titled “E-PAYMENTS SHIFT MARKS NEW ERA, IRAQI PM ADVISER SAYS”. Shafaq News – Baghdad. Iraq will phase out cash payments in all government institutions and public facilities by July 2026, marking what a senior official described as the start of a new era of financial modernization. So, here comes the digital dinar. Can you see it too? We at least now have a window of certainty, a “back wall” that the CBI itself has told us. It is July 2026. Let’s dive deeper…..

Now let’s use our common sense here to make some sense out of this recent announcement of this timeframe of July 2026. What did I do? I got on the phone and talked to my contact in the CBI about this announcement and its significance. I am being told that they would like to have already completed much of the collection process of billions of these three zero notes by July 2026 from us investors. Sure, there will be some lingering for years afterwards, but they want the bulk of them. I told her, for instance, that I am not giving up mine until they are willing to pay me for them. Of course, this could only happen when the rate of the dinar rises significantly AND is relisted on FOREX. This would give Iraq a five to six month window to collect them. If we back track that put us in January for a reinstatement. More evidence of January timeframe.

I say January for many reasons. First it is what I was told about a month ago to look for in that month of a reinstatement, but only if Iraq completes their mandated key issues on time (I listed them in past Newsletters). Next, I was told to watch for the beginning of the redenomination process of the dinar and finally the full accession announcement of Iraq to the World Trade Organization (WTO). These would be signs to us we are heading directly into the storm for January. Yes, a storm of wealth….lol..lol..lol.. WOW! 😊

Of course, my contact would not commit to a firm January date but the prospects of this coming January are looking mighty good and multiple events are lining up along with it. There is more, but I cannot spill the beans on any more than that. I don’t want to be careless but also not too overly cautious either. Of all the months ahead, I was told that September was a key month and so far it has been. Remember also that the CBI has wanted these stashes of cash out of the homes and into the banks. The banks need the liquidity and the CBI is not about to print more money, as they told us already. I firmly believe this is the last plan to get this cash. Please take a peek at the article titled “THE CENTRAL BANK EXPECTS THE END OF CASH PAYMENTS IN IRAQ.”

😊It is said in a recent article that Iraq stands today at a historic crossroads. Please see article titled “GOVERNMENT ADVISOR: ECONOMIC REFORMS HAVE PUT IRAQ ON A NEW PATH TO GROWTH AND STABILITY.” Prime Minister Salih Mahoud Salman, advisor to the prime minister, affirmed on Friday that the economic reforms adopted by the government have placed Iraq on a new path of growth and stability. He noted that the Development Road Project and the Faw Port are symbols of an economic future that connects Iraq to the world.

Speaking to the Iraqi News Agency (INA), Salman said, “Iraq stands today at a historic crossroads, after its foreign and gold reserves increased, and its investment and infrastructure projects expanded, on a path that establishes a more diversified and resilient economy that places people at the heart of development.”

😊 Then out pops the article titled “AL-SUDANI: IRAQ IS IN THE EYE OF THE STORM.” With yet more praising of the success of Iraq over these last two and a half years (Jan 2023-June 2025). However, Prime Minister al-Sudani warned on Saturday that regional and international security, political, and environmental challenges “have placed Iraq at the eye of the storm.” In other words, Iraq is becoming a central player in the middle east and its visibility is now very high, be careful, don’t make mistakes because the stakes are very high. Al Sudani also highlighted Iraq’s ambition to become a gateway for 20 percent of Asian trade to Europe through the Development Road project.

In a speech during the launch ceremony of Iraq’s Vision 2050, Al-Sudani said, “Today we stand before a major national moment that embodies the state’s will to restore its standing in the region and the world. Countries and their leaders must launch creative ideas to defuse crises and disasters.” I have to add that I believe he is referring to the restoration (or reinstatement) of the Iraqi dinar. When I read the title of this article I could hardly believe that this is almost word for word what my CBI contact told me. She even used the comparison of the storm, like a “storm of wealth”.

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:

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.

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? June has been amazing too as promised. Was He lying to us? Here comes the indictments.

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

“ WORLD CHANGING EVENTS ARE TAKING PLACE TO SAVE EVERY NATION”

You can start watching the video at the 23:47 mark. From Sept 14th

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

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: 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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AL-SUDANI: THERE IS A MAJOR ECONOMIC TRANSFORMATION IN IRAQ… INVESTMENTS TOTAL $100 BILLION.

Prime Minister Mohammed Shia al-Sudani announced today, Thursday, September 18, 2025, that the volume of investments in Iraq has reached $100 billion.

A statement from the Prime Minister’s Office, received by Baghdad Today, stated that al-Sudani “met a group of tribal sheikhs, dignitaries and academic elites from the people of the Karrada area, at the guest house of Sheikh Mahdi al-Hakak, and expressed his thanks for the invitation and the good opportunity to meet this group of the people of Karrada, the city that made sacrifices during the rule of the dictatorial regime and after the change in 2003, as it turned into a target for terrorism, and is also distinguished by embracing prominent names in the fields of politics, commerce, sports, culture and other fields.”

Al-Sudani explained, according to the statement, that “the government has implemented the first package of demands that the people of Karrada had previously submitted to him, and work is underway on the second package, pointing to the state of stability and security throughout Iraq, where the security services are imposing their full control.”
Al-Sudani stressed “the necessity of participating in the upcoming elections, with awareness, to ensure accurate selection, which means cutting halfway to the security, stability and development we seek. He also stressed the importance of overcoming the mistakes of the past stages, by prioritizing the national interest.”

He promised, “Boycotting the elections is not the solution, and will be a gift to the corrupt and anyone with an agenda that does not serve the country,” indicating that “countries of the world look at Iraq today with respect and appreciation for its achievements in many fields.”

He pointed out that “the presence of major international companies operating in Iraq is a sign of its recovery, and there is a major economic transformation in Iraq, with the volume of investments reaching $100 billion, meaning that it is a safe and stable country and an attractive environment for investment.”

The Prime Minister indicated that “Iraq is a large workshop, and in every governorate there is ongoing work to provide services according to a well-thought-out vision and plan. Integrity is one of the most important criteria for political work, and it is necessary to prioritize the public interest over partisan and factional interests.”

He stressed, “The future belongs to the youth, who constitute 60%, and it is our duty to provide job opportunities for them and secure their future.”

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GOVERNMENT ADVISOR: ECONOMIC REFORMS HAVE PUT IRAQ ON A NEW PATH TO GROWTH AND STABILITY.

Written by Dr. Saleh Mahoud Salman / Advisor to the Prime Minister

Prime Minister Salih Mahoud Salman, advisor to the prime minister, affirmed on Friday that the economic reforms adopted by the government have placed Iraq on a new path of growth and stability.

While explaining that the country is steadily moving toward a more diversified and resilient economy that places people at the heart of development, he noted that the Development Road Project and the Faw Port are symbols of an economic future that connects Iraq to the world.

He explained, “The Iraqi economy is not just numbers in the budget or data issued by financial institutions. Rather, it is the story of a country that has suffered for decades from successive crises that have left their mark on people’s lives and daily livelihoods.”

He added, “Since the 1980s, Iraq has been mired in a cycle of wars and sanctions, which have excluded its banks from the global financial system, weakened its ability to attract investment, and led to an almost total dependence on oil revenues.

After 2003, despite the significant opening to international markets, a significant portion of the banks remained little more than ‘fronts’ for selling currency through the central bank window, unable to practice modern banking. Meanwhile, public companies remained a heavy burden on the budget, without a productive return commensurate with the resources they consumed.”

He continued, “This bleak picture is accompanied by other problems, most notably high unemployment and poverty rates, weak productive sectors, heavy bureaucracy, and corruption that has drained the state’s resources.”

Salman pointed out that, “In the face of these complex challenges, Prime Minister Mohammed Shia al-Sudani’s government program came with a set of central priorities, with economic reform at the forefront, along with reforming the banking system, activating electronic payments, completing the unified treasury, improving the business environment, and reforming the tax and customs systems. Thus, Iraq began to prepare for a new phase, after the government realized that continuing with the old approach was no longer a viable option.”

He added, “Hence, the need to confront the heavy economic legacy that has shackled the country for decades emerged. The economy remained captive to oil rents, while the agricultural and industrial production sectors declined, and unemployment and poverty rates rose. Perhaps the first step was to reconsider the role of public companies and the government apparatus. Supreme committees were formed to restructure them according to a new philosophy that makes the state a ‘manager, not an owner.’ This represented the beginning of a comprehensive reform process that paves the way for a more resilient economy.”

Salman pointed out, “While these efforts were related to the institutional structure, financial reform represented the other side of the process. The adoption of a three-year budget (2023-2025) was not merely an accounting measure, but rather an unprecedented step that focused on investment spending rather than operational spending. It also launched tax reform packages aimed at raising collection by 30 percent by 2025. With the adoption of a unified treasury and the shift to automation and electronic payment, these decisions quickly reflected in revenues, which recorded a significant jump of more than 100 percent compared to previous years.”

Ali emphasized that “although budget control was necessary, financial sector reform alone is not sufficient without addressing the core of the economy, represented by the banking system. This is where the launch of the new trade finance platform in November 2022 changed the nature of banking in Iraq.”

He continued, “By linking foreign transfers to private banks under the supervision of the Central Bank, the parallel market was brought under control, and the difference between the official and parallel rates was reduced by more than 60 percent. In parallel, the restructuring of Rafidain and Rashid Banks began with international support, transforming the banks from mere currency brokers into modern financial institutions. The US Treasury even described this step as a ‘historic achievement.'”

He pointed out that “from the womb of these banking transformations emerged the electronic payment experiment, which quickly became the most prominent title of reform. As soon as government departments were obligated to use it, the experiment expanded to include the private sector, with points of sale increasing from 10,000 in 2022 to 50,000 in 2025, and the volume of monthly payments jumping from 90 billion dinars to more than 500 billion. The number of bank cards also increased to 22 million, and the financial inclusion rate jumped from less than 10 percent to 40 percent in just three years, an achievement the World Bank considered unique compared to stable countries that took a full decade to achieve what Iraq accomplished in two years.”

“Because money needs an environment that can absorb it, it was only natural for reforms to extend to the field of investment and infrastructure,” Salman said. “Thus, the ‘Development Road’ project and the Grand Faw Port were born as symbols of an economic future linking the Gulf to Europe.

Agreements were signed with the World Bank to finance projects in railways, energy, and water. Internally, Iraq has begun to localize pharmaceutical and construction industries and open industrial projects of various sizes, in addition to launching solar energy initiatives in factories to relieve pressure on the national grid. Thus, reforms have become more comprehensive, not limited to money and banks, but extending to the productive and developmental infrastructure.”

He continued, “While plans and policies are important, numbers remain the truest witness to the magnitude of the transformation. Foreign reserves rose to $106 billion in March 2025, up from $86 billion at the end of 2022, a growth rate of more than 12 percent. Gold reserves rose from 130 tons to 163 tons during the same period, an increase of 25 percent. Inflation declined from 7.5 percent to 2.7 percent, reflecting tangible monetary stability.”

He added, “In the banking sector, the number of accounts doubled from eight million to twenty million, and the number of bank cards increased from sixteen to twenty-two million. The electronic payment infrastructure also made a significant leap, with points of sale increasing from ten thousand to fifty thousand, and monthly payments increasing by 460%.”

He pointed out that “these indicators did not stop there, as the gap between the official and parallel rates decreased by more than sixty percent, and the financial inclusion rate rose to forty percent after being less than ten percent just two years ago.

International financing agreements worth $1.2 billion were signed, and tax revenues increased in 2024 by about thirty percent compared to the previous year. In the field of digital transformation, the “OR” electronic portal and the electronic passport were launched, and authentication of issuance transactions were canceled through the secure documents system, which processed more than fifteen million transactions. As for customs, revenues rose to 2.131 trillion dinars in 2024 compared to 1.03 trillion in 2023, an increase of 106%, and a growth rate of 128% compared to before 2022.”

Salman emphasized that “the transformations were not limited to finance and revenues, but also included development initiatives. The Central Bank and government banks launched programs to support housing, renewable energy, youth entrepreneurship, and industrial cities. The Iraq Development Fund was also established as a new financing arm. In the industrial sector, practical steps were taken to localize the pharmaceutical and construction industries, various production projects were opened, and initiatives were launched to equip factories with solar energy, in addition to signing agreements with global industrial unions.”

He pointed out that, “Despite all these results, it is undeniable that the road ahead is still full of challenges. Oil remains the backbone of the budget, and bureaucracy and corruption remain major obstacles to consolidating reform. Nevertheless, the government’s goals through 2026 appear both ambitious and realistic: reducing dependence on oil to less than 85% of revenues, reducing the fiscal deficit to less than 3% of GDP, improving Iraq’s credit rating, and completing the digital transformation of public finances.”

He continued, “Thus, Iraq today stands at a historic crossroads. After decades of crises and turmoil, reforms have begun to become tangible facts, demonstrated by numbers and indicators. While the road is still long, what has been achieved in such a short period proves that change is possible when there is political will and a clear vision.”

He pointed out that “Iraq has begun to take steady steps toward a more diversified and resilient economy, one that places people at the heart of development and gives future generations hope for a nation capable of rising again.”

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AL-SUDANI: IRAQ IS IN THE EYE OF THE STORM

Prime Minister Mohammed Shia al-Sudani warned on Saturday that regional and international security, political, and environmental challenges “have placed Iraq at the eye of the storm.” He also highlighted Iraq’s ambition to become a gateway for 20 percent of Asian trade to Europe through the Development Road project.

In a speech during the launch ceremony of Iraq’s Vision 2050, Al-Sudani said, “Today we stand before a major national moment that embodies the state’s will to restore its standing in the region and the world. Countries and their leaders must launch creative ideas to defuse crises and disasters.”

Al-Sudani added, “Regional and international security, political, and environmental challenges have placed Iraq at the center of the storm, and national responsibility requires openness and frankness that these challenges target the stability of the state.”

Al-Sudani continued, “Climate and environmental disasters have begun to undermine the foundations of water and food security in countries, and it is imperative that countries, including Iraq, take steps to mitigate the crisis if it occurs.”

The Prime Minister noted that “the initiative to formulate the initial concepts for Iraq’s Vision 2050 began in 2023,” stating that “our goal is to reduce dependence on oil and achieve sustainable growth.”

The Prime Minister affirmed, “We signed the consultancy contract between the Ministry of Planning and KBR in accordance with Iraq’s Vision 2050. For the first time in the history of the Iraqi state, the government took the initiative by launching the executive policy document for strategic governance.”

He emphasized that “the general direction of Iraq’s Vision 2050 is to ensure that it covers comprehensive and promising sectors, and we look forward to Iraq being free of oil revenues in the coming decades.”

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EXPECTATIONS OF A NEW US ESCALATION AGAINST FACTIONS IN IRAQ

Today, Sunday (September 21, 2025), the American Fox News network published a report in which it predicted that the US administration would engage in a new “escalation” against factions in Iraq in the coming period, stressing that the US administration is now certain that “there will be no consequences” for targeting the factions.

The network said, as translated by Baghdad Today, that the US administration broke the taboo of directly targeting factions inside Iraq without consulting the Iraqi government. The network cited Benham Ben Tlabello, an expert on Iranian affairs at the Foundation for Defense of Democracies, as confirming that the general trend would be “further escalation.”

The network continued, quoting the expert, “During US President Donald Trump’s first term in office, the United States broke the taboo of engaging with factions within Iraq that targeted it and countries in the region, without any real consequences.” The expert explained that “the United States feared that directly targeting factions would ignite a civil war, referring to a conflict against the Iraqi government.”

He added, “The United States is now reassured that there will be no repercussions for targeting factions, and will increase the pace of targeting to advanced stages in the coming period.”

The network concluded its report by stating that “the process of placing the factions on the terrorist list is a prelude to future targeting operations, during which the US administration will be able to engage with the factions directly without incurring legal repercussions.”

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THE CENTRAL BANK EXPECTS THE END OF CASH PAYMENTS IN IRAQ.

The Central Bank of Iraq expects that July of next year (2026) will be the date for ending cash payments in all government institutions and other facilities.

The Central Bank’s Director of Non-Banking Financial Institutions Supervision, Durgham Musa, said in a press statement that “the Central Bank, within the framework of legislation and regulations and under the direct supervision of Prime Minister Mohammed Shia al-Sudani and specialists in other ministries, has achieved progress in the field of electronic payments.” He pointed out that “trillions of dinars have been paid electronically, in addition to the complete absence of cash transactions in the Ministry of Interior departments.”

Moussa described these indicators as “excellent,” aspiring to extend the experience to all government ministries, noting that “there are more than one initiative to encourage other government institutions to embrace the electronic digital payment framework.”

He expected that “Iraq will completely abandon cash transactions in state institutions and other facilities in July of next year, thanks to the efforts and direct supervision of the government and the sectoral body represented by the Central Bank.”

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E-PAYMENTS SHIFT MARKS NEW ERA, IRAQI PM ADVISER SAYS

2025-09-23 08:59

Shafaq News – Baghdad

Iraq will phase out cash payments in all government institutions and public facilities by July 2026, marking what a senior official described as the start of a new era of financial modernization.

The financial and economic adviser to the Prime Minister, Mudhir Mohammed Saleh, told Shafaq News that Iraq’s farewell to cash represents a strategic step toward building a fully integrated digital economy that reduces corruption, strengthens transparency, and promotes financial inclusion.

He explained that the shift will simplify government disbursements, including salaries, pensions, loans, and subsidies, as well as the collection of fees and taxes, through faster and more accurate digital channels. “This will enhance liquidity and strengthen governance of the federal budget.”

Saleh further noted that the transition would encourage citizens to embrace electronic payments and bring unbanked individuals into the financial system, expanding financial inclusion while lowering the cost of cash-based transactions. The Iraqi government had already banned cash payments in state institutions starting in July 2025, and has since launched awareness campaigns to encourage the shift away from a cash-based culture.

Rafidain Bank reported, earlier, a sharp rise in electronic payment settlements for government institutions in Q1 2025, with transactions totaling 2.65 trillion dinars (about $2 billion), a 244 percent increase from the same period in 2024.

For decades, Iraq has remained one of the world’s most cash-dependent economies, with officials estimating that over 90% of money circulates outside the banking system. Analysts link this pattern “to political turmoil, sanctions, and repeated banking scandals that eroded public trust and left much of the population reliant on cash-based transactions.”

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US MONETARY CHANGES RESHAPE THE GOLD LANDSCAPE, AND IRAQ FACES A DOUBLE CHALLENGE.

For decades, the US Federal Reserve’s interest rate decisions have been a central tool in guiding the global economy, with direct repercussions on the value of the dollar and the prices of strategic commodities. Gold, in particular, as a safe haven in times of turmoil, has an inverse relationship with interest rates, as any rate cut opens the door for the precious metal to rise. According to modern policy approaches, these changes are not limited to the US economy alone, but extend to emerging markets and developing countries, including Iraq, which is directly affected by global movements.

In this context, economic affairs expert Rashid Al-Saadi explained that “the US Federal Reserve’s decision to cut interest rates has direct and indirect effects on gold prices in global markets, especially since gold is considered one of the most important safe havens during times of economic change.

With interest rates cut, investment returns on dollar-denominated assets such as bonds decline, increasing gold’s attractiveness to investors.” Institutional affairs experts explain this relationship as a reflection of market dynamics that push investors toward hard assets whenever cash assets lose their appeal.

Another effect is evident in the movement of the dollar itself. Al-Saadi asserts that “the dollar often declines with such decisions, which in turn increases the price of the precious metal. Investors also tend to buy gold as a hedge against inflation and currency weakness, so expectations indicate that gold will continue to achieve gains if the Federal Reserve’s accommodative monetary policy continues.” International regulatory data indicates that this relationship between currency weakness and gold’s rise has become a recurring norm during financial crises since the global financial crisis of 2008.

However, the changes are not entirely immediate. Al-Saadi emphasized that “the impact may not be entirely instantaneous, as gold’s movement is also linked to other factors such as global demand levels, geopolitical risks, and energy prices. However, the general trend remains supportive of gold’s rise as interest rates continue to be lowered.” Independent research studies indicate that these intertwined factors make reading the gold market a complex process, as economic considerations intertwine with political and security considerations.

On the domestic front, Iraq is not immune to these global influences. Al-Saadi explained that “Iraq is directly affected by global market movements, and any global decline or rise is reflected in local markets, which are currently witnessing a clear rise in gold prices as a result of the global increase.” According to economic estimates, this dependency reveals the limited ability of the Iraqi market to insulate itself from external shocks, which requires financial decision-makers to consider more effective hedging mechanisms.

Ultimately, the most significant shift is the strengthening of gold’s position as a primary investment option whenever the US Federal Reserve moves to cut interest rates. Other factors, such as global demand and geopolitical tensions, continue to influence the market’s trajectory. The precious metal is expected to continue making gains in the near term, while Iraqi markets remain closely linked to these international trends. Therefore, the next phase enters a delicate phase that requires close monitoring of economic developments before taking any investment steps. This presents local markets with a double challenge: keeping up with global pressures while protecting consumers domestically.

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DAGHER: ADDRESSING THE EXCHANGE RATE CRISIS REQUIRES A BALANCE BETWEEN MONETARY, TRADE, AND FISCAL POLICIES.

Financial and banking expert Mahmoud Dagher asserted that the economic challenges facing Iraq stem from imbalances in the national economy’s structure. He explained that the gross domestic product (GDP) is unable to meet market needs, forcing the country to rely heavily on imports.

In an interview with Jarida Platform, Dagher explained that “the ease of laws and weak customs controls, in addition to corruption and loopholes at border crossings, have made imports a necessity for securing livelihood requirements, but at the same time, they have harmed local economic activity.”

He added, “The Central Bank has been able to somewhat meet official traders’ demands and reduce the exchange rate gap between the official and parallel markets. However, this gap still exists and poses a threat to the Iraqi economy, as it has caused prices to rise in a manner disproportionate to the official exchange rate of 1,320 dinars to the dollar.”

Dagher stressed that “confronting this problem cannot be limited to monetary policy alone, but rather requires activating trade and fiscal policy tools to ensure economic stability and address structural imbalances.”

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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

September 18, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

September 18, 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.

Let’s all try to chip in!

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Matthew 6:2

“So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by others. Truly I tell you, they have received their reward in full.”

STATUS OF THE RV

More news….

PARLIAMENTARY OIL AND GAS COMMITTEE: NO STABILITY IN REGIONAL SALARIES WITHOUT IMPLEMENTING THIS STEP.

(No RV without this step too…. Oh there’s that key word again – STABILITY)
Member of the Parliamentary Oil and Gas Committee, MP Bassem al-Gharibawi, confirmed on Wednesday that the majority of political blocs, with the exception of the Kurdistan Democratic Party, support resolving the Kurdistan Region’s employee salary crisis, provided that the regional government adheres to the recent agreement with the federal government, which stipulates the delivery of non-oil revenues and produced oil to the State Oil Marketing Organization (SOMO).

He added, “Talk about the region handing over 120 billion dinars to the government has not yet been confirmed and remains mere statements without tangible evidence.” He pointed out that “the region, according to its own admission and according to international technical reports, produces about 280,000 barrels per day, while estimates, according to an agreement between the federal Board of Supreme Audit and its counterpart in the region, indicate that the region’s actual need does not exceed 50,000 barrels per day, which means that the remaining quantities must be delivered to SOMO.”

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. Get it?

As we are over the midpoint of September, we see a progression of the Oil and Gas Law provisions being laid out in front of us. No, the Oil and Gas Law (or HCL) is not yet completed but they are closer than ever. There is actually a REAL possibility the law could soon go before parliament for a vote. What we read today are only provisions and they have to now be put in the form of a law, which is already drafted in the council of ministers. It still will have to be finalized once implemented in reality and proven to work, then passed to parliament for a vote.

You might want to get the full story today in the Articles Section of the Newsletter under these three recent articles titled:

😊“IRAQ AND THE KURDISTAN REGION REACHED AN OIL AGREEMENT” –

The Iraqi Council of Ministers voted on two decisions on the mechanism of dealing with foreign oil companies and the issue of oil in the Kurdistan Region. The Kurdistan Regional Government (KRG) and the Iraqi Federal Government have reached an agreement on the handover of Kurdistan Regional Government (KRG) oil to Baghdad. According to the new agreement, only 50,000 barrels of oil produced in the Kurdistan Region will be recycled for domestic consumption, while the rest will be handed over directly to SOMO. The Iraqi Council of Ministers has welcomed the latest steps taken by the Oil Ministry and the Ministry of Natural Resources to resume oil exports.

😊“KURDISTAN HANDS OVER ALL ITS CARDS TO BAGHDAD: NO MORE JUSTIFICATION FOR CUTTING SALARIES” –

Kurdistan Regional Government spokesman, Peshwa Hawrami, announced today, Wednesday (September 17, 2025), that the region has met all the federal government’s demands regarding the oil file, stressing that there is no longer any justification for not sending the salaries of Kurdistan employees.

😊“KURDISTAN’S OIL IS ON THE VERGE OF EXPORT. SOMO COMPLETES ITS COMMITMENTS, AND THE FINAL OBSTACLE IS THE COMPANIES’ GUARANTEES.”

Oil expert Kovind Sherwani revealed on Wednesday (September 17, 2025) that the National Oil Marketing Company (SOMO) has concluded its contracts and obligations with companies purchasing oil from the Kurdistan Region, in preparation for resuming exports in the coming days. He pointed out that “the companies stipulated written guarantees in a tripartite agreement between the federal Ministry of Oil, the region’s Ministry of Natural Resources, and the foreign companies,” explaining that “the issue relates to organizing the payment mechanism and receiving the funds, which is the last obstacle to resuming exports.” We were told in previous articles that SOMO will be paid in oil. Yes, oil and given enough to cover the cost of extraction and their expenses.

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What else is in the news?

Jumping over to yet another topic is the expulsion of the PMF from Iraq. Let’s take a look at the recent news out of Washington in two articles titled –

☹“IRAQI AUTHORITIES MUST ‘DIVORCE THEMSELVES’ FROM IRANIAN INFLUENCE: US CONGRESSMAN”

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

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.

VERY IMPORTANT: Oh… Muslims are not radical? Really? Enough said. If there are actually truly peaceful Muslims than they better start standing up to these radical groups and denounce them as Muslims or they too are going to be branded the same. They need to do the dirty work and stop leaving it up to the western powers to do it for them. If they don’t it is only going to backfire on them and this process has already begun.

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Will Iraq be able to manage all this non-oil revenues or will it too be squandered away?

I need every one of my readers to understand the full severity of this statement above. I know, I know many of you couldn’t give a damn and I agree but the RV has not yet happened and so we are stuck sympathizing with them for now. It is our investment and many of us put lots into this to make a lot.

Sometimes I think these Iraqi people are idiots on what treasures they already squandered since letting these Iranian politicians influence their country. There has been so much money stolen it put shivers down my spine. So what good did the DFI fund so for Iraq anyhow? It is not part of the problem or still the so called “answer” to funding terrorism. Good luck with that since we know its part of the problem using the sole peg to the dollar and even selling oil in dollars in the first place. Yes, it is all now part of the problem and no longer the solution, as if it ever was even.

They say that Iraqi revenues lost are in the trillions not billions and that’s dollars not dinars. So go figure who’s the idiot. It’s been twenty years already and so where is the rebuilding of their own country? Has it been just a free-for-all by those politicians who have influence? Is this what the war resulted in? Is this really freedom and helping the average Iraqi citizen? Very sad what they have done to Iraq.

Most of Europe was rebuilt in ten years following WW2. Now we have been told that these non-oil revenues can rival the oil revenues. Are the Iraqi people even smart enough to know how to handle this much money? All I can add is to ask a plea – please reinstate the dinar and get us off this rollercoaster dinar ride! Lol… lol…. lol…

Just so everyone knows that I recently was told in conversation by my CBI contact that the long-term plan was never to reinstate the dinar for a very long time. That if it was not for the Trump administration and all the help so far from the US Treasury and other financial experts over the last years, it would be still be a very long time. But that we all need to know that since the Dr Shabibi attempt over 13 years ago lots has changed and the Obama stagnation era of complicity with Iran is over. A new era for Iraq has started, a more progressive global era. An era of true independence. They are going to “normalize” Iraq and the reset is coming. But how does Iraq get there? In these two articles today give us a short glimpse of what must be done.

😊So, again the recent news circles back to the idea, or should I say necessity, in establishing an Iraqi sovereign fund in the article titled “A GOVERNMENT ADVISOR PROPOSES ESTABLISHING A SOVEREIGN FUND FOR NON-OIL RAW MATERIALS.” When Saleh talks, I listen.

“Economic expert Saleh emphasized the importance of establishing an Iraqi sovereign fund specializing in non-oil and gas natural resources as a strategic tool to maximize added value and diversify sources of national income. Saleh told Al Furat News Agency that this fund, which differs in its objectives from the Central Bank of Iraq’s investment portfolio, which focuses on cash, will employ financial surpluses generated from raw materials such as phosphates, sulfur, and iron to develop manufacturing industries.

Folks there is also close to 100 billion in US dollars in the DFI fund just sitting idle in the banks in NYC not collecting any interests. This is an escrow account that was set up to safeguard the petro-dollar oil revenues from terrorists or creditors. Is it time to also release these funds. Just think about it at just 10% return. Revenues on 100 billion would be 10 billion annually. This revenue stream is being lost each month. But this was part of the US plan to speculate on the US dollar and keep the fiat currency afloat. Remember the only way the US dollars survive is by the demand for it across the globe. This demand only comes with confidence in it. But there are other ways for the dollar to survive, and the Trump administration has a plan. Yes, it takes people with common sense to implement it. But most importantly to see the full potential of Iraq. Can the U.S. break the chains of the Federal Reserve and the Central Banker’s cartel? So, we can see that Iraq is in the same situation as the U.S.. They too must break free.

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:

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? June has been amazing too as promised. Was He lying to us? Here comes the indictments.

Prophetic Words from prophet: Julie Green

“Many politicians are about to be arrested”

You can start watching the video at the 22:23 mark. From Sept 13th .

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

IT COULD NOT COME ANY SOONER!

THE PROPHESIZED BIBLICAL ESTHER

Could this be Charlie Kirk’s wife Erika? Is it time? Please watch and listen carefully to the Kim Clement Prophetic Word given in 2011 on this coming event of the Esther woman. Is Erika the healer, the uniter, the Esther that God promised us? Let’s see and find out.

THE WORLD MORNS THE DEATH OF CHARLIE KIRK

Millions took to the streets of the US and London in the UK to morn. I have to tell you that this video was beyond sad. I have seen some bad stuff while in Iraq during the war but this is way beyond evil what they did to assassinate him. I also want to add that I believe that Tyler Robinson DID NOT pull the trigger and was set up by the CIA as their patsy. How much money did they pay him? The evidence was laid out just too perfectly to apprehend him. Will we ever know the identity of the true assassin?

WHO WILL ‘CARRY THE TORCH’ FOR CHARLIE KIRK

As I write this Newsletter today tears roll down my face as I got off the phone with my CBI contact only to hear about the Charlie Kirk assassination. As many may already know that on Wednesday, Charlie Kirk (31) was assassinated at a Utah college campus. I can not say enough on how sad this is and how extreme the extreme will go. This is how bad they wanted to shut us up. I have to say this is the devil himself at work again. Charlie and his wife Erika were blessed with two healthy and beautiful children together and just recently too. There is no justification for this barbaric murder.

We must all PRAY for him as he enters the gates of heaven. He will be missed!

Folks, now you know why Mnt Goat stays in the shadows and remains distant. I too have feared for my family. Each Newsletter I put myself in jeopardy be telling the TRUTH and disbanding the lies being told. But remember my TRUTH is not really my TRUTH but yours too. My blog is their words not mine. People like Charlie Kirk try to make a difference and are part of the solution rather than the problem. Will you join us? Will you be the next “Charlie Kirk” to pick up the baton and continue where he left off?

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”.

I COULD NOT HAVE SAID IT ANY BETTER….

Katie Hopkins speaks out in London 2025 on regaining our freedoms.

THE SHADOW ECONOMY IN NUMBERS: TONS OF GOLD WORTH BILLIONS OF DOLLARS TO MAKE UP FOR THE “BLACK DOLLAR” SHORTAGE

In a volatile economic landscape dominated by weak oversight and a fluctuating local currency, gold in Iraq has transformed from a traditional commodity into a central financial instrument, simultaneously reflecting internal crises and external conflicts. Figures announced for the first half of 2025 revealed imports exceeding $30 billion from five major countries, led by the UAE with $10.5 billion, followed by China with $8.8 billion, Turkey with $4.9 billion, the European Union with $3 billion, and India with $1.8 billion. Among these imports, precious metals—led by gold—were valued at $3.3 billion, confirming that this sector now occupies an exceptional position in the structure of Iraqi trade.

Given the restrictions imposed by the US Treasury Department since 2023 on bank transfers, gold has emerged as an alternative channel to compensate for the dollar shortage.

Instead of outflowing hard currency through official remittances, importing gold in large quantities has become a means of recirculating funds, whether by re-exporting it to neighboring countries such as Turkey, bartering it for Iranian goods, or even using it as an asset that can be easily liquidated away from the banking system.

According to economic estimates, gold has become a “practical cover” for dollar smuggling operations, as it is imported through official outlets but redirected through unregulated financial channels.

This dual role makes the precious metal not just a commodity, but an alternative instrument that rivals the dollar in influence.

Previous data reveals that 2024 marked a shocking turning point, when the value of gold imports reached $12.5 billion, equivalent to 16% of the country’s total imports. This figure is roughly equivalent to the Central Bank’s entire gold reserve of $18 billion. In the absence of accurate data on the entry points through which the gold was imported or its internal distribution mechanisms, questions have grown about the final destination of these quantities: Was it actually consumed in the local market, re-exported, or used as a barter instrument in undisclosed trade relations?

This shift is no longer a purely financial matter. In the markets, rising gold prices have directly impacted daily life. A Baghdad Today correspondent observed a widespread recession in goldsmith shops, with the price of a 21-karat gold misqal exceeding 730,000 dinars, while 24-karat gold jumped to more than 830,000 dinars, coinciding with the global price of an ounce exceeding $3,600. These figures have prompted many young people to postpone marriage and imposed new burdens on families with the inflated dowries. Social affairs experts warn that the phenomenon is no longer merely a market crisis, but rather a threat to the fabric of society by deepening the phenomenon of aversion to marriage and delaying the age of starting a family.

Given these facts, economic expert Manar Al-Abidi stressed that “government efforts to control imports face significant challenges, particularly with the attempt to include all goods in the reform at once.” He called for “focusing primarily on high-value goods such as gold, and linking transactions with them to transparent electronic payment mechanisms that allow tracking of sales and purchases and identifying the ultimate beneficiary.” According to institutional estimates, automating the gold sector alone is sufficient to expose financial loopholes and close the door to its exploitation as a cover for parallel operations.

From a different perspective, economic expert Nasser Al-Kanani believes that the crisis is not limited to Iraq alone. “The recent rise in gold prices in the Iraqi market is inseparable from the global wave affecting the precious metal,” Al-Kanani says, explaining that “the local market is affected by a dual effect: the movement of international stock exchanges and the dollar exchange rate on the parallel market.” This approach reveals that Iraq, despite its unique crises, remains part of a global cycle that makes gold a safe haven for investors amid escalating geopolitical tensions. He also notes that the price rise is not just a local result, but a reflection of global shocks.

In a move described as a strategic shift, Al-Kanani revealed that “Iraq’s purchase of more than 20 tons of gold in one year, and its rise to seventh place globally in this field, reflects a calculated move by the Central Bank to protect the national economy from fluctuations in foreign exchange rates.” This move, according to Al-Kanani, “gives Iraq greater flexibility in managing monetary policy, enhances confidence in the local economy, and may positively impact the value of the dinar and market stability.” However, this path remains fraught with risks, as gold could transform from a strategic asset into an open channel if smuggling operations continue or oversight is absent.

In conclusion, gold in Iraq has transcended its status as a commodity and has become a crossroads between three possibilities:

an economic buffer,

a pressing social burden, and

a card of political influence.

However, the lack of strict oversight also makes it an open loophole that could transform into a permanent channel for dollar smuggling or bartering with neighboring countries, away from the banking system. This exposes the country to further exposure to external pressures. The future of this resource will not be determined by the volume of tons entering the market, but rather by the state’s ability to control its flow and prevent its leakage into the shadow economy. This would transform it from a source of concern to an element of strength, and from a parallel tool for currency smuggling to a strategic asset that reinforces confidence in the dinar and Iraqi financial policy, according to observers.

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AL-KALABI: THE CENTRAL BANK IS GOING THROUGH ITS WORST CONDITIONS, AND THE GOVERNOR HAS PROPOSED AN ILLOGICAL IDEA REGARDING EXCHANGE OFFICES.

The head of the Parliamentary Finance Committee, Youssef Al Kalabi, confirmed that the Central Bank is experiencing “its worst administrative circumstances,” warning of the dangers of the financial policies pursued over the past three years.

During his appearance on the Al-Noqta program on Al-Furat satellite channel, Al-Kalabi said, “The current financial indicators are extremely poor, and the financial management over the past three years has committed disastrous errors that have had a negative impact on the national economy.” He pointed out that “the Central Bank has failed to control the gap between the official and parallel rates, despite salaries being fully secured, and this has led to punitive measures affecting 28 local banks.”

He added that “the committee is hosting the head of the National Retirement Authority, the head of the Poverty Fund, general managers, and bank directors to prepare a current and future reform vision,” noting that “the governor of the Central Bank proposed an illogical and strange idea to transform three exchange offices into a bank. This proposal contradicts the nature of the financial institution’s work, which is linked to foreign relations and subject to international obligations related to combating money laundering.”

Elsewhere, Al-Kalabi addressed the Popular Mobilization Forces (PMF), emphasizing that “the organization is going through difficult circumstances amid internal and external pressures.” He explained that “the US administration has directly intervened in the PMF’s structure and threatened to impose economic sanctions on Iraq if the amendments are approved. The reason is that there are lobbies in Washington working against the Shiites and the PMF.”

He continued, “The battle against Shiites began in 2019. The October protests are real, and their supporters are good and honorable. Martyr Abu Mahdi al-Muhandis categorically rejected the involvement of the Popular Mobilization Forces in the October protests, and the third party that killed protesters was from within the state.”

Al-Kalabi pointed out that “the danger awaiting Iraq lies in internal change through constitutional means, according to information and what is currently being cooked up in political kitchens. The situation in the region has changed, and there is a possibility of a repetition of the Syrian scenario in Iraq, with part of the country being separated.” He emphasized that “the upcoming elections are a constitutional necessity, and postponing them will lead the country into deadly chaos.”

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A GOVERNMENT ADVISOR PROPOSES ESTABLISHING A SOVEREIGN FUND FOR NON-OIL RAW MATERIALS.

Economic expert Mazhar Mohammed Saleh emphasized the importance of establishing an Iraqi sovereign fund specializing in non-oil and gas natural resources as a strategic tool to maximize added value and diversify sources of national income.

Saleh told Al Furat News Agency that this fund, which differs in its objectives from the Central Bank of Iraq’s investment portfolio, which focuses on cash, will employ financial surpluses generated from raw materials such as phosphates, sulfur, and iron to develop manufacturing industries.

He stressed that the primary goal is to export semi-finished or finished products instead of raw materials, thus strengthening Iraq’s position in regional markets.

The economic expert explained that the proposal is based on several fundamental principles, including maximizing local added value by investing the fund’s revenues in industrial production chains, and supporting the diversification of the national economy by directing these investments toward vital sectors such as agriculture, industry, and renewable energy. He also noted that the fund will serve as sustainable financing for the general budget, reducing reliance on borrowing and deficit financing.

Saleh reviewed successful international experiences in this field, such as the Norwegian Government Pension Fund, Singapore’s GIC and Temasek funds, and the Abu Dhabi Investment Authority in the UAE, emphasizing the need to adopt global best practices in management, governance, and transparency.

Regarding the expected outcomes, Saleh explained that establishing the fund will reduce reliance on oil as the sole source of income, support financial stability, and attract foreign direct investment in partnership with the fund.

To realize this vision, Saleh called for urgent practical steps, including drafting a law for the fund, forming an independent founding body of experts, and incorporating the proposal into the government program and Iraq’s national development vision. This will ensure the implementation of this strategic tool, which represents a cornerstone of a sustainable future economic vision.

(Yes, it is time to stop just talking about the Iraqi sovereign fund and do it.)

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KURDISTAN’S OIL IS ON THE VERGE OF EXPORT. SOMO COMPLETES ITS COMMITMENTS, AND THE FINAL OBSTACLE IS THE COMPANIES’ GUARANTEES.

In an interview with Baghdad Today, Sherwani said, “Completing these contracts means that SOMO has concluded deals with some buyers to market quantities of the region’s oil,” indicating that “the only remaining obstacle is the guarantees demanded by the oil-producing companies regarding how they will receive their dues.”

He pointed out that “the companies stipulated written guarantees in a tripartite agreement between the federal Ministry of Oil, the region’s Ministry of Natural Resources, and the foreign companies,” explaining that “the issue relates to organizing the payment mechanism and receiving the funds, which is the last obstacle to resuming exports.”

Kurdistan Region oil exports have been halted since March 2023 following an international arbitration ruling issued by the International Chamber of Commerce in Paris, which obliged Türkiye to halt the pumping of Kurdish oil through the Ceyhan pipeline without the approval of the federal government in Baghdad.

Since then, the issue has been embroiled in arduous negotiations between Baghdad, Erbil, and Ankara, with repeated attempts to find a formula to restore the flow of oil to global markets.

The federal government has repeatedly emphasized that the marketing of the region’s oil must be conducted exclusively through SOMO, to ensure the unity of Iraq’s oil policy. Meanwhile, foreign companies operating in the region fear losing their dues, prompting them to demand formal written guarantees.

This shutdown has inflicted significant financial losses on Iraq and directly impacted the Kurdistan Region’s economy due to the suspension of oil revenues, the primary source of funding for its employees’ salaries and service projects.

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IRAQ AND THE KURDISTAN REGION REACHED AN OIL AGREEMENT

The Iraqi Council of Ministers voted on two decisions on the mechanism of dealing with foreign oil companies and the issue of oil in the Kurdistan Region.

The Kurdistan Regional Government (KRG) and the Iraqi Federal Government have reached an agreement on the handover of Kurdistan Regional Government (KRG) oil to Baghdad. According to the new agreement, only 50,000 barrels of oil produced in the Kurdistan Region will be recycled for domestic consumption, while the rest will be handed over directly to SOMO.

The Iraqi Council of Ministers has welcomed the latest steps taken by the Oil Ministry and the Ministry of Natural Resources to resume oil exports.

First: The Council of Ministers decided that the oil extraction fee for foreign companies, which is set at $ 16 per barrel, will no longer be paid in cash and instead, the amount of oil equivalent to their financial entitlements and companies themselves will be responsible for selling it. It is oil in the markets.

Second: Approval of a tripartite agreement between the Kurdistan Region, Baghdad and companies:

The Iraqi Council of Ministers gave initial approval to conclude a tripartite agreement between the Kurdistan Regional Government, the Iraqi Federal Government and foreign oil companies.

The condition for implementing this decision is that the Iraqi government submits the contract to the advisory committee of the Iraqi Oil Ministry. The committee is expected to give its final answer within the next 48 hours, so that the tripartite deal can be formalized and go into effect.

(This could lead Iraq to finally getting an Oil and Gas Law (referendum) in place as the constitution call for and the US and IMF are mandating and put in place.)

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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

The statement added that these groups carried out attacks on the US embassy in Baghdad and bases hosting US and coalition forces, often resorting to using fake names or proxy groups to conceal their involvement.

The US State Department confirmed that this measure falls within the framework of Presidential National Security Memorandum No. (2) issued by President Donald Trump, which stipulates the application of maximum pressure on Iran to cut off sources of funding for the regime, its agents, and its terrorist partners.

The ministry stressed that the United States will continue to use all available tools to protect its national security interests and prevent terrorist groups from accessing funding and resources.

Earlier today, Republican Congressman Joe Wilson announced the US administration’s intention to designate four Iraqi factions as terrorist organizations, while urging the inclusion of Hadi al-Ameri’s Badr Organization on the list.

In a post on X (formerly Twitter), Wilson expressed his gratitude to President Donald Trump, US Secretary of State Marco Rubio, and White House Counterterrorism Director Sebastian Gorka.

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IRAQI AUTHORITIES MUST ‘DIVORCE THEMSELVES’ FROM IRANIAN INFLUENCE: US CONGRESSMAN

WASHINGTON, DC – The Iraqi government must take steps to disassociate itself from the “evil” Iranian regime, Congressman Joe Wilson told Rudaw on Wednesday, calling on Baghdad to cooperate closely with Washington and steer clear of Tehran.

“It’s particularly sad to me that terrorist organizations have been allowed to exist,” Wilson, a staunch Iran critic, said, reacting to the US State Department’s designation of four Iran-backed Iraqi militia groups as Foreign Terrorist Organizations (FTOs). “The Iraqi government needs to take steps. They need to divorce themselves from the influence of Iran.”

“The regime in Tehran is evil,” he stressed.

Washington on Wednesday designated Harakat Hezbollah al-Nujaba, Kataib Sayyid al-Shuhada, Harakat Ansar Allah al-Awfiya, and Kataib al-Imam Ali as FTOs, saying the decision came as part of President Donald Trump’s order to impose “maximum pressure” on Iran.

The designations came three weeks after the Iraqi government – with intense pressure from Washington – revoked a controversial bill to restructure the PMF. Although the PMF is part of Iraq’s security apparatus, many of its factions still operate independently, with impunity, and reportedly maintain strong ties to Iran.

“Iraq should be working as closely as they can with the United States,” Wilson stressed, adding that Baghdad’s neighbors “are doing so much better,” referring to Lebanon’s ongoing move to disarm Hezbollah.

“We want the best for the people of Iraq, but [that] has to be done by the people of Iraq, not outside forces,” he asserted.

Earlier on Wednesday, Wilson thanked Trump and Secretary of State Marco Rubio for the designations, saying the move “will empower our prosecutors to dry up funds for these terrorist groups.”

Iran is believed to have many proxy groups in Iraq, which it has used in the past to target US interests in the region. Washington has taken several measures to ensure that Baghdad is free of Tehran’s influence, including the termination of a waiver which had allowed Iraq to buy Iranian electricity for years.

Congressman Michael T. McCaul, a Republican from Texas, also expressed concern about Tehran’s influence in Baghdad.

“I am concerned about the growing presence of Shiite militias in Iraq, and the fact that everything our soldiers fought for could be infiltrated by Iran,” McCaul told Rudaw.

Syria

McCaul stressed the necessity for the US to continue cooperating with Kurdish-led forces in Syria, calling the Syrian Democratic Forces (SDF) and its backbone, the People’s Protection Units (YPG), Washington’s “allies” in the fight against the Islamic State (ISIS).

“We have to continue to work with them to ensure ISIS doesn’t rear its head again,” he said. “I do think we should keep our 800 troops there, if anything, to maintain security at the prisons, where there is thousands of ISIS people.”

Backed by the United States, the SDF functions as the de facto military force in the Kurdish-majority northeast Syria (Rojava). It remains a key partner of the US-led global coalition against ISIS and fought the lion’s share of the battle that ended with the territorial defeat of ISIS in Syria in 2019.

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IRAQ REMAINS AMERICA’S DARLING…THE SUPREME COURT DISMISSES A LAWSUIT AGAINST BAGHDAD FOR HUNDREDS OF MILLIONS.

The Supreme Court in Washington ruled on Wednesday (September 17, 2025) to prevent an American military affairs company from fining the Iraqi government $121 million in a lawsuit related to breach of contract to rehabilitate Iraqi army weapons.

According to a Bloomberg report translated by Baghdad Today, Wy Oak Technology, a military-related company, filed a lawsuit against the Iraqi government, seeking $121 million in damages for the contract’s suspension.

The Supreme Court affirmed that “Iraq is protected under the U.S. Foreign Immunity Act,” noting that this law protects foreign governments from prosecution in such cases, even in the presence of formally signed contracts.

The report added that the court’s decision means Iraq retains “immunity,” which prevents companies and commercial entities from being sued within the United States, whether for breaches of contract or damages resulting from operating in Iraq.

The roots of this immunity date back to the aftermath of the 2003 invasion of Iraq, when the US Congress passed a special law signed by former President George W. Bush, known as the “Iraq Freedom from Judicial Attachment Act,” which granted Iraq exceptional protection from lawsuits and seizures. Experts interpreted this move as maintaining Iraq’s status as a “spoiled child” in US politics, amid subsequent presidential successions that ensured this privilege would continue for two full decades.

(I don’t think the law is going to be looked upon a favorable for American companies wanting to do business in Iraq Just another obstacle put in the way. It is time to repeal the act.)

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KURDISTAN HANDS OVER ALL ITS CARDS TO BAGHDAD: NO MORE JUSTIFICATION FOR CUTTING SALARIES

Kurdistan Regional Government spokesman, Peshwa Hawrami, announced today, Wednesday (September 17, 2025), that the region has met all the federal government’s demands regarding the oil file, stressing that there is no longer any justification for not sending the salaries of Kurdistan employees.

In a statement received by Baghdad Today, Hawrami said, “The regional government has officially announced its readiness to hand over the entire oil production to Baghdad, amounting to 233,000 barrels per day, of which approximately 50,000 barrels will be consumed locally, while the remaining quantities will go to companies and the federal government.” He added, “We have sent an official letter in this regard and are awaiting a response from Baghdad.”

He explained that “the previous obstacles related to the demands of oil companies have been resolved, as companies now accept to deal in accordance with Iraqi laws,” stressing that “the region has completed all the required procedures, and all that remains is Baghdad’s commitment to disburse salaries starting in July.”

Hawramani continued, “Talk about the existence of legal obstacles is no longer valid,” noting that “the issue is being resolved based on the Financial Management and Budget Law, and what is currently being raised is merely political interpretations and unjustified procrastination.”

He added, “It’s strange that the Federal Court is demanding the payment of salaries while some parties in Baghdad are still searching for new pretexts. We have opened the door to dialogue at every stage, and our sole goal is to ensure that Kurdistan employees are not deprived of their rights.”

The regional government spokesman noted that “the Iraqi Council of Ministers has given the Oil Minister a 48-hour deadline to reach an agreement with the companies operating in Kurdistan,” stressing that “the argument that the file is incomplete no longer stands,” expressing hope that no new excuses will be invented to delay the disbursement of salaries.

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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 16, 2025 Edition Mnt Goat Latest Newsletter

ABOUT THE NEWSLETTER:

September 16, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some GREAT news for you today. …. again.

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

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Matthew 6:2

STATUS OF THE RV

I want to first cover something today that is VERY important to everyone and the timing of the RV we all have been looking for. Remember that I told you that this reinstatement and revaluation of the Iraqi dinar was part of a much larger plan. The pieces to the plan are all but in place now. This is not decades from now. It is happening now. It is part of a financial “reset” of the US financial system and it will also eventually move downstream to other countries by the nature of it. But remember its “America First”. The US Treasury is not going to let this opportunity pass by with Iraq. So, if you noticed I presented lots of recent news (and more today) about GOLD and how it may be used as part of the US national debt resolution plan. I also want to say that if you expect just one fowl swoop involving just one event you are wrong. It is a culmination of many events and hard work that is going to execute a very complicated plan to resolve the national debt.

Yes, a large part of the plan involves GOLD reserves and repricing of GOLD but it does not end there. The plan also calls for the end of the Federal Reserve (as we know it today), the IRS and the proof of negligence will soon be exposed. The price to be paid is to repeal the Federal Reserve Act of 1913 and cancel the current contract.

Also, we must look at the new tariffs that will help facilitate the beginning of the end to the federal income tax. It is so obvious that you would have to be an idiot not to see that the Trump administration is modeling conditions as in effect as far as 1870’s until 1913, when tariffs where a mainstream of revenue to the US government. The Federal Reserve was created and killed surplus personal income and instituted the income taxation plan. Then this of course followed shortly by the fiat dollar when all the GOLD backing was eliminated. This is why we have such debt today.

So, I am not going to go any further into the details of the Trump plan as this Newsletter is not all about his plan. You can go research more yourself. I will warn you that no one knows the entirety of the plan, as they are not sharing it. But we can see bits and pieces of it as the months roll on. Just know there is a plan and it is in motion already, Today I only wanted to tell you the effect of it on the RV and Iraq. How will Iraq play its part in the plan?

This much we do know and we know something is moving fast to shift the Iraqi dinar into the global arena for a purpose and to reinstate its currency back to the currency trading. The dinar will be repegged to a basket along with other currencies, each supporting the other. We can already see the new Trump foreign policy with Iraq and to bring huge investment opportunities to Iraq. Remember, however, there must be money enough for both nations or the US will not get involved. Remember we were skeptical of what the new plan might be but now we know. I presented many articles on this topic in my couple Newsletters. Please refresh your memory in the Archives.

Just remember that the dinar now already trades on the ISX which is the Iraqi Securities Exchange. A link was placed even on FOREX back to the ISX years ago. This made it easier for future investors in the dinar to follow IQD trends. However, it is not on the global exchanges and certainly not at the rate we are waiting to see. The official CBI rate of 1320 is simply not going to help in the Trump reset of the national US debt, get it?

I also need to dispel the notion that the US Treasury has trillions of IQD in its reserves and plan to exchange it all to pay off the national debt. If you think about this notion you quicky realize just how stupid of an intel guru idiot stuff this notion is. These stupid intel gurus told you the same story about the Kuwait dinar and that too was a lie. It was not the revaluation of the Kuwaiti dinar that did anything to the national debt. The FACT is the national budget for a couple quarters was able to go deficit free (balanced budget) due to payments made to the US for the US military work done to kick Iraq out of Kuwait. G. W. Bush administration also received a huge payment but squandered it giving each US citizen a small check. This was obviously done to get reelected and at the onset of the second term election period. You have to be an idiot not to see it. So, please once again I beg of you to let these lies about the Kuwaiti dinar go. Let’s stick to the truth and not use this as our basis at to what is about to happen in Iraq.

Where are all these trillions going to come from? There is more than a trillion alone needed to exchange all dinar investment holders outside of anything the US government does, so if you also add in the trillions for the repayment of the national debt there are crazy numbers. This is why the US Treasury will initially issue electronic payments of fiat currency to us on our exchange, then later broker oil for the next 30+ years from Iraq as a huge discount. But how can the US even afford to do this? Even electronic payments will have to be secured by something. Can the US Treasury issue yet more Treasury bonds or will oil credits be acceptable to cover this exchange money?

Many of you also believe that the national debt is borrowed money like a loan taken from a bank (the Federal Reserve). This is absolutely NOT truth. The US Treasury actually issues US Treasury Notes. Foreign countries have to purchase these notes. Then the US government has to pay interest on them over time. This is how they finance the majority of the national debt. So now over $37 trillion of these I.O.U.s are issued and interest each month is due to a tune of about $1 trillion dollars. If the US does not have this interest payments even, it issues yet more Treasury notes to pay for it. You can easily see just how dangerous all this is. Yes, that is just the interest on the notes. The principle is never touched.

So, for the US government to eliminate the national debt quickly (the principle) they would have to buy back or recall these US Treasury notes, which they can do but that comes with a heavy cost too. This is where the Iraqi dinar revaluation comes into play. There are multiple avenues that will be used to offset the debt. The dinar is just one of them and could be a chunk but there is more. Then there is GOLD and God keeps telling his prophets about how he will use GOLD. Are you paying attention?

God, in his prophetic word years ago, told us to look to California for GOLD. Today, it is said, we have discovered only 20% of the gold in California. So, think about what financial experts like Jim Rickards tells us. He says that not all the Gold in the US reserves will most likely be revalued and that if just 40% of it was it could wipe out the debt and could bring GOLD to $25,000 an ounce. But what if massive amounts of new GOLD suddenly came into the US reserves? What impact would this have on the process? What if God does give us these three new sources of energy as he said he would, and the US takes the lead in rolling them out to the world. This revenue stream could rival the AI, tariffs and any taxation incomes.

I am trying to tell everyone that we need to relax and let this all play out and that there is much, much more to this that meets your eyes. If you are not connecting to the prophecies than you are walking blinded by ignorance and so this hurts your vision of what is going to happen, or at the least gives options of what may possibility happen.

Prophet Kim Clement- about the US Debt

The Coming Project to Delete the Zeros

The following are two articles from the past for April 2013 and the in 2024. I wanted to bring you this article for many reasons. One reason is to demonstrate that even after the corruption at the CBI that preceding December, the necessity to move ahead with the project to delete the zeros was still VERY real and important and it needed to move ahead. ____________________________

Parliamentary Finance: Central Bank starts during the current year measures the deletion of zeros from currency
13 April 2013
Baghdad.

Sabah said parliamentary Finance Committee, the central bank, according to correspondences official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and economic international.

A member of the Finance Committee Abdul Hussein al-Yasiri Center Brief for the Iraqi Media Network (IMN) It “According Almkhtabat official with the central bank, it is supposed to start this year Balastaadadt necessary to delete three zeros from the local currency.”

and noted that “the local currency will reduce from four billion units to one billion units which will make there Anciabh in the process of the transfer of currency.”

and between Yasiri that “the Finance Committee supports changes to the local currency because of the importance of the country’s economic.”

The central bank says that the deletion of zeros comes within the plan for the development of monetary policy and the reform of currency management.

and was a member of the Finance Committee parliamentary Haitham al-Jubouri, had said in an earlier statement to him that “replacement currency and delete Ocefarha will features the best and the biggest decrease of the volume of inflation and revive the dinar due to lack of demand for the dollar, which comes positive aspects significant to the economy of the country, and replaced revive economy Alibd but needs political environment and economic environment for the implementation of the project without facing any obstacles lead to the deterioration of the currency Iraqi “.

was the Iraqi Central Bank has pointed out last August that plans to delete the zeros from the Iraqi dinar to facilitate financial transactions made through cash in most cases. Among the difficulties faced by Iraq if they are to foot the deletion of zeros from the dinar is withdrawn about 30 trillion dinars in circulation in the Iraqi market, then discarded and replaced with a new currency.

End of First past article

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AN IMMINENT PROCESS TO CHANGE THE SKIN OF THE IRAQI DINAR.. REMOVING ZEROS WILL REVEAL THE EXTENT OF CURRENCY MANIPULATION

September 24, 2024

(Oh articles about the project in September again….just saying…)

Government advisor: It must be preceded by political and economic stability.

There has been talk once again about the possibility of removing zeros from the local currency, as the government is studying a bold option of changing the Iraqi dinar to its skin. Although this step carries promises of simplifying financial transactions, it raises concerns about its effects on the economy and citizens, especially in light of the inflation that the markets have been witnessing for a long time .

During the current month, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, revealed new information regarding the project to delete zeros in Iraq, indicating that “the project is undergoing continuous review and study, taking into consideration the existence of an issued currency volume that has exceeded 100 trillion dinars, after it was 6 trillion in 2004 “.

Many countries take the step of removing zeros from their currency to revalue their national currency and facilitate financial transactions by removing a certain number of zeros from the nominal value of the currency, making it appear less inflationary and more stable .

60 countries experience

“Removing zeros from the local currency is a process that has taken place in more than 60 countries over the past years,” said Mazhar Mohammed Saleh, the Prime Minister’s financial advisor. “This step comes after economic inflation occurs in countries, and therefore they resort to deleting zeros in order to keep up with prices in the markets,” he explained.

In an interview with Al-Jabal, Saleh continued, saying, “The abundance of zeros has doubled the monetary value of the currency now,” adding, “Political and economic stability must be achieved before resorting to deleting zeros.”

End of Second past article

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What else is in the current news?

The rest of the news today is all also very good. We’ve been concerned about certain mandated issues being resolved prior to December, if this reinstatement is going to happen in the targeted timeframe of January 2026. In today’s news they are giving us updates on the resolution or status of many of these issues.

😊If you recall the CBI is having problems with the smaller, privately owned banks in Iraq. The Central Bank of Iraq has a ‘last chance’ to reform its banking system by implementing the reform plan and imposing its will on those obstructing it. This could mean the liquidation of dozens, if not even a hundred plus of banks in Iraq. Please refer to the article titled “PRESENTED BY AN AMERICAN COMPANY: EXPERT: POWERFUL PARTIES ARE PRESSURING THE CENTRAL BANK TO THWART THE REFORM PLAN.” I believe this is an important objective the US has mandated on Iraq prior to the Project to Delete the Zeros. Remember this is one of the five items we talked about in previous Newsletters. Is it important? Yes, and it is on the top of the list.

😊 Again it’s all about location! Location, location and location….lol..lol.. Let’s take a peak at the article titled “IRAQ MOVES TO EXPLOIT ITS GEOGRAPHICAL LOCATION IN THE DIGITAL WORLD TO CONNECT THREE CONTINENTS”

The Iraqi Ministry of Communications unveiled new plans on Saturday to leverage Iraq’s unique geographic location, making it a key link between Southeast Asia and Europe via the Indian Ocean, the Arabian Sea, and the Gulf. , “Iraq has a strategic location that allows for the efficient reception and transmission of digital capacities. Currently, there are submarine cables in service, such as FALCON and GBI, that transmit data from Southeast Asian countries and India to Europe. These existing projects are a first step towards investing in the Iraqi corridor for global communications services, and they represent the foundation upon which larger projects currently under implementation are being built.”

😊 Next I want to bring your attention to the CBI efforts for Iraq to join the Bank for International Settlements in Switzerland in the article titled “THE GOVERNOR OF THE CENTRAL BANK OF IRAQ MEETS WITH THE GOVERNOR OF THE BANK OF ENGLAND.” WOW! WOW! WOW! So, what does this all mean for our RV?

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Allaq, met with the Governor of the Bank of England, Mr. Andrew Bailey, at the Bank’s headquarters in London. It says that Iraq wants to benefit from the Bank of England’s experience in modernizing its paper currency and its studies on digital currencies. But the meeting was much more important than for these objectives. So, why in hell would Iraq want to join the Bank of International Settlements (BIS) anyway? Maybe it’s planning to reconnect and do business in the international banking arena and do it soon? There is also a matter of recovering these stolen funds we previously read about and the BIS can certainly help too. Yes, in one of last articles they talked about $500 billion dollars to recover. Imagine how that could bolster the CBI reserves and put them in a solid standing for conducting the project to delete the zeros. Al-Alaq is also “buttering up” to the governor of the bank of England to get their support for this transition of working with the bank of England in the global arena.

😊This next article is so very important and should not be overlooked. It should be read in the correct context as it reviews what Dr Shabibi told us in a news conference in 2015. Dr Shabibi told Iraq, in regard to the pasted-up opportunity to RV, that when opportunity knocks answer the call and how Iraq passed up an “unprecedented opportunity” in 2012-2013 to revalue and reinstate the dinar. So here we have this same kind of language by Zabari today in this recent article titled “IRAQ HAS GOLDEN OPPORTUNITY TO RISE AND PROGRESS, SAYS FORMER FOREIGN MINISTER”. Hoshyar Zebari cites relative calm encouraging more investment, as well as positive change across the region. Iraq has a golden opportunity to “stand on its feet and move forward”, former deputy prime minister and foreign minister Hoshyar Zebari has told The National, urging the country to seize the moment to consolidate its stability. Now knowing what this article says and then combining it with what we already know about this targeting of January 2026 for a reinstatement it all adds up. I know why Zebari is making these comments and making them now. He was also around back then in 2012-2013 and witnessed the corruption and the opportunity that was blown. The clock is ticking and there is still work to be done. Can Iraq do it all if they want the US backing of the reinstatement process?

There are many more articles in the Articles Section of today’s news. I want to bring one more to you that could also affect the RV timing. It is the elections.

The five mandates by the US for Iraq: I though I would give everyone an update on these issues.

Clean up the Private Banks: CBI just announced the new Banking Reform Plan by American company (OW) is geared at the 100+ smaller private banks in Iraq.

Expulsion of the PMF in Iraq: A draft law that would have further institutionalized the Popular Mobilization Forces’ has been put on hold, for now. There is no talk of complete expulsion back to Iran but just disarming of the militia.

Oil and Gas Law or HCL: Billions are lost annually as issues plague Baghdad vs Kurdistan. In spite of a drop in oil prices and thus revenues, the last thing Iraq needed was a cut in oil export. There is still no final target in sight for this law anytime soon. As soon as it seems optimistic, another oil related issue arises.

Parallel vs Official CBI rate of the dollar: Today there are some steady figures on the gap at only about 10-20 points variance from the official rate, which the CBI says is acceptable. This is pennies. But what does the IMF and the US Treasury want? That is what is important. So far, no pullback on the slight rise in the dollar. This one could be solved and the news media needs to caught up.

Collection of the 80% of currency outside the banking system: (I think it more like 15% or 15 trillion dinars only) Citizens of Iraq need to trust the banks and make deposits. Hope is that the Banking Reform Plan will resolve this issue.

😊 Please take a peak at the article titled “IRAQ’S 2025 ELECTION: A RECALIBRATION OF POWER, NOT A RUPTURE OF THE STATUS QUO”.

We are told the legislative elections will be held on the scheduled date, and we are close to implementing Prime Minister Mohammed Shia al-Sudani’s directives and supporting him in securing a second term. Iraqis are preparing to vote on November 11, 2025, in a parliamentary election shaping up as one of the country’s most consequential since the 2003 US-led invasion, according to War in Rocks. Iraqis will head to the polls — for the seventh time since the U.S.-led invasion in 2003 — to elect a new 329-seat parliament from among a crowded field of 37 alliances, 38 parties, and nearly 80 candidates running as independents

Against this election backdrop, I expect Al-Sudani will get a second term and the election cycle will go much more smooth than the last one. But remember there is always the asshole Nori al-Maliki who still thinks that somehow he can finagle another term, even with the two term limit in place and his outrageous record of corruption during his two terms in office. It would be like re-electing Joe and Kamala again…lol..lol… How sad that would be that the Iraqi people could ever be so stupid.

SILVER: So, what’s up with silver?

I know I talk a lot lately about GOLD but it’s really SILVER I am concerned about. But that’s just me.

In closing my commentary today, I want to bring out something that most may be overlooking. Remember, however I am not giving investment advice of any kind, just giving you my observations. First, let’s look at the prophecies when they talk and talk over the last decade about GOLD. There is going to be a huge vain of GOLD found in California. It is not “if” but “when”. This will solidify, in part, the remedy to end the US national debt. Next it is also so obvious that GOLD and other precious metals are being suppressed much like the Iraqi dinar. I will not get into why they are doing this but to emphasize it will eventually work in your favor if you are prepared. GOLD is ranging at $3,000 plus an ounce and that is very expensive for a weekend investor. Most of us small investors don’t have that kind of money to invest to make any real big money. But with silver it is different. It is floating at around low $40s an ounce. VERY affordable in comparison to GOLD.

You see silver historically in the past spots at about 30% of GOLD and so if GOLD rises so should silver. Has it risen accordingly? No, it should follow at about $900 an ounce now, 30% of $3,000. Is it?

This alone tells us something is weird. it is not a free market for these metals and someone is controlling it. This happened ever since the US got fully off the GOLD standard in the early 1970’s. Next I need to add that sometimes, as unexperienced investors, we go off half-cocked with intentions concentrating on a vehicle for investment and neglect other opportunities right in front of our faces. This is human nature.

So, this leads me to bring it to your attention that maybe SILVER could be a very good investment in the near future. Since a couple years ago it had already doubled. It is cheaper to buy and can bring high returns. It is like a horse at the gates just waiting to come out fast. We are almost there, and a sudden enormous rise, I believe, will come as part of the financial reset we have been waiting for. So, you see there are much more opportunities to consider than just the Iraqi dinar or other currencies. I know, I know that all these intel gurus push these other currencies but don’t forget there are also other opportunities, cheap opportunities that can also bring some great returns.

Many of these precious metal brokers guarantee that they will always buy back your metals at current spot.

Q & A

Question: clayrich6a2b498e66

Hello MG, wondering if you have seen and can comment on this article, Exchange dilemma
From Kadhimi’s devaluation to Al-Sudani’s platform: The Iraqi dinar’s journey through five turbulent years.

Answer: Mnt Goat

Guten Tag Clayrich, how are you today? I am always more than happy to help clarify articles. So let me address this one and I also have to relate it to another one from today’s news. It’s all connected.

My dear we must look at the dates they reference in this article. In the year 2020 we had Covid and so oil use declined sharply as industry shut down thus oil prices also plummeted downwards. The CBI had to devalue the dinar from the official exchange rate from 1,180 to 1,450 or inflation would have gotten out of hand. The CBI used the reserves to pay salaries, gas and electricity from Iran, just to survive. The reserves went from 90 billion down to mid 40’s. Of course, the dinar was going to be revalued afterwards when the crisis was over and oil exports began again, the CBI revalued to 1320 but not the 1180. Why? This is why I keep saying the dinar is way undervalued today. But the dilemma is the parallel market as to why the CBI does not want to go back to 1180 or lower yet until they can lick the issues with the black-market sales of the dollar. I believe by the time all is said and done the CBI will go directly to around the 1180ish mark and then to just over a dollar suddenly afterwards (in -country).

I also want to add that I sincerely and whole-heartedly believe that the CBI intended to conduct the Project to Delete the Zeros that following fall time period in 2020 and reinstate in January 2021 but Covid crisis stopped it. With reserves down too low it was impossible to go forward. Following this period the Biden administration did nothing to provide further help to Iraq. Another wasted four years. So, this article is taking the reader through the five years since 2020 to 2025 and the status of the dinar over this period. This is also why the former finance cabinet member Zabari tells us today in the news article that Iraq should not give up another opportunity of stability in Iraq to move ahead with the Project to Delete the Zeros. Essentially, he is saying DO IT NOW! Since there always seems to be yet another crisis looming. I hope this helps.

Folks, I want everyone to understand that it not like the CBI does not want to replace the currency to the lower denominations but that it can’t until conditions are right. They have told us these conditions. They are ripe right now! My contact told me they are going to try this fall of 2025 again. Like a piece of fruit on the vine if you don’t pick it, then it will spoil, and you will have to wait until next year again to pick it and enjoy it. This is all so true with the RV saga for Iraq. I have to add that it is like God holds this up until He is ready for it. I mean ready for the financial reset and waited for Trump’s second term to do it all.

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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:

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? June has been amazing too as promised. Was He lying to us? Here comes the indictments.

Prophetic Words from prophet: Hank Kunneman

“President Trump, America & The Golden Age”

You can start watching the video at the 15:48 mark. Please pay VERY close attention to what is said in both physical terms and spiritual terms.

We have talked about GOLD many times already in my blog. So, here is yet another one. You think it may be important? California is said to still have undiscovered gold amounting to about 80% of what they really have in the ground (per prophetic word).

How will the U.S. get back to the GOLD standard? This will mean getting off the dollar as the global media of exchange, or will it?

You may want to take a look at this recent news and how it all fits in to the prophecies. Could this really happen?

click on the GOLD to watch the video.

Prophetic Words from prophet: Julie Green

“There are more people they want to silence”

You can start watching the video at the 21:05 mark. From Sept 12th. “

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

THE PROPHESIZED BIBLICAL ESTHER

THE WORLD MORNS THE DEATH OF CHARLIE KIRK

WHO WILL ‘CARRY THE TORCH’ FOR CHARLIE KIRK

We must all PRAY for him as he enters the gates of heaven. He will be missed!

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”.

I COULD NOT HAVE SAID IT ANY BETTER….

Katie Hopkins speaks out in London 2025 on regaining our freedoms.

RASHIDA TLAIB’S BOMBSHELL MOVEMENT TO RADICALIZE PEACEFUL MUSLIMS IN THE US.

Rashida Tlaib represents Michigan’s 12th congressional district. She has been serving in this district since 2023, following her previous representation of Michigan’s 13th congressional district from 2019 to 2022. These are both highly Muslim occupied districts in the US.

Congressional seats should not to be used for foreign activists’ movements, that is the purpose of this explanation today. This is not considered serving the people of the district to which voted them. This is the purpose of being a representative in Congress. Certainly, Palestine citizens in Gaza did not vote her in to Congress to work for them. Is she supporting US interests or of her own based on her nationality or religious affiliation?

Folks this is the danger of putting these foreign immigrants into our political system. They just don’t get it. Do they really understand why they are there? Do they get it?

In this video, I also like the concise, clear and truthful explanation that Mark Levin gives of the history of the Gaza strip and how the Palestinians gave it away to the Hamas terrorists group to control. Again I ask if Tlaib is so concerned about the Palestinians they why doesn’t she try to help them understand what really happened for the underlying basis of how Hamas gained a foothold in Gaza in the first place. Yes, let’s address the negligence of the Palestinian people themselves and stop putting all the blame on Isael. Does Tlaib talk about this? Does she responsibly try to help these Muslims in her district truly understand the situation? The answer is NO.

Does she tell of the honest background of the Palestinian people in the area that self-inflicted pain what is now the consequences of their own past actions and hatred for Israel and the Jews? Tlaib wants to continue this ridiculous twist of facts.

If you listen carefully to Tlaib in this video you can also hear her embody Marxists principles and a hatred of the US. Yes, she is layering on yet another crisis we have to deal with later. Remember these Marxists need crisis after crisis to get into power.

We should also wake up to what is happening in Anoka and Ramsey counties of Minnesota as in Dearborn and Detroit Michigan districts with these very large populations of Muslims. They do not understand the culture of the west and all it takes is someone like Tlaib or Omar to stir the pot. These cities are becoming a very large pool of anti-American Muslim communities. These kind of speeches are stirring up trouble in the cities and not helping the situation. How can we not think that these so-called “peaceful” Muslims are not being slowly radicalized by her speeches. She is walking on thin ice. Is she really helping or hurting the Muslim population to disseminate into the western culture? Again, these radical extreme liberal politicians becomes part of the problem and not the solution. The US government must address these Muslim cities now or later. We must get activism out of politics.

It is much easier to address them now along with those politicians stirring them up before this gets out of hand.

We also witnessed immigration policies under the Obama administration that allowed seemly harmless see 60,000+ immigrants, mostly Syrian Muslim refugees, into the US in the aftermath of the ISIS crisis. Who started ISIS? That is saved for another conversation and another day.

This is where they settled them, in towns in Minnesota. Remember that the millions of refugees that flowed in the US under Biden also as designated areas to settle in the US. They had pre-determined tags telling them where to go. Most, when asked, didn’t know where in hell these town were even. So they did not decide. Who did then?

There was already a small community of Muslims located in Minnesota there at the time, how convenient that this should happen. later this allowed Ilhan Omar, a Muslim immigrant from Somali, to gain popularity and represent Minnesota’s 5th congressional district, which includes the city of Minneapolis and parts of Anoka and Ramsey counties. Of course, immigrants coming from a foreign country will decide to vote for someone of their same religion, language and customs.

How can any other American candidate compete with this? One might think that on the surface this would not be so bad since she could first-hand sympathize with the needs of the people in her district being of like religion and culture. But this is not what she is using her position for. Instead, Ilhan Omar, like Rashida Tlaib are using their positions of trust in congress to continue their activist’s movement for Samalia and Palestine, which are all geared as Muslim oriented. In fact, Omar openly, like Tlaib, even gave speeches declaring her full intentions. So Mnt Goat is not making this stuff up. This is getting really scary.

These Muslim districts, if you Wikipedia them, you will find it stated they are known for their diversity, with a significant immigrant population, and Omar’s district is one of the most Democratic districts in the Upper Midwest. Ilhan Omar is notable for being the first Somali-American and the first woman of color to serve in the U.S. House of Representatives. Note how they use racism too to emphasize diversity. This was all in line with the (diversity, equity and inclusion) DEI program. Is this how the democrat party is using the immigration scheme to swing elections? Is this another reason for the push for DEI? So this scheme has been in motion long before the mass immigration policy of Joe Biden. Biden just put it on warp speed.

I am even talking about all this today because we have to always dig deeper to see what is really going on beyond what we witness on the surface. Sure we are all fed up with what we have seen from “the squad”. By what’s it really all about? These very large immigration movements of Muslims is not just happening folks. It is intentional and well planned out. This is how they are seeding these Muslim politicians into our political system. This is part of a much bigger plan of the United Nations under their Agenda 2021, 2030 and 2050 plans. Part of this plan is about “homogenizing” the world’s population. This is much like the desegregation plan in the US and we can see the disastrous effects of it. But now after years of experiencing the effects of the UN immigration plan we feel the negative impact and so maybe its time to wake up and pull out of these UN plans and simply stop implementing them?

Now don’t get me wrong. I am certainly NOT a Muslim hater. We would not be so alarmed if these politicians would just do their job and stop the activism movements in their districts using the office of trust as a US representative as their platform to do it. We have witnessed the nonsense already caused by this politicians. We don’t need activism in Congress we need real support for the issues facing these towns not some foreign country, that happened to be where they came from.

WHY IS THE WEST FIGHTING JIHADIST FOR THE MUSLIMS. THIS NEEDS TO FIGHT FOR THEMSELVES, (if they are truly peaceful Muslims and mean what they say).

What does jihad mean?

The word “jihad” is widely used, though often inaccurately, by Western politicians and media. In Arabic, the word means “effort” or “struggle”. In Islam, it could be an individual’s internal struggle against baser instincts, the struggle to build a good Muslim society, or a war for the faith against unbelievers.

The term “jihadist” has been used by Western academics since the 1990s, and more widely since the 11 September 2001 attacks, as a way to distinguish between violent and non-violent Sunni Islamists. Islamists aim to reorder government and society in accordance with Islamic law, or Sharia. Jihadists see violent struggle as necessary to eradicate obstacles to restoring God’s rule on Earth and defending the Muslim community, or umma, against infidels and apostates,

This is not an easy topic for most peaceful, loving Muslims to talk about and you will learn why today. I will probably even be called an Islamophobic for my commentary on this subject matter as that is usually their denial and scape goat. But do you know what? Someone finally has to tell the TRUTH. I am a bit sick and tired of skating around the FACTS in the hope we don’t “offend” anyone. Do these radical Muslims offend us when they bomb our subways or drive planes into our buildings killing thousands?

This is a necessary topic that needs to be addressed. Like in WW2 we were afraid to confront the real enemy directly and instead pacified them and then tried to ignore them, hoping they would go away. But they don’t go away, they never do. What did they do in return? They just kept on going on their path of conquest and destruction. They only way we eventually stopped the enemy then was to meet violence with violence. Even the bible tells us to put down our enemies. But this tricky too and I will show you why.

Luke 10:19

Behold, I have given you authority to tread on serpents and scorpions, and over all the power of the enemy, and nothing shall hurt you.

We can name hundreds of passages in the bible related to God giving us permission to put down our enemies. But there will always be those who then will play the devil’s advocate and will ask who defines your enemy? They will defend the Muslim extremist because they have determined the west is their enemy or anyone who is not a faithful Muslim. They will try to use the bible and twist its meaning then compare it to what the Qur’an says. So, you see there is an enormous difference here. In the Christian biblical sense, we define our enemy by anyone who goes to harm peaceful, loving people, especially those unarmed innocent children and civilians. Also, anyone who brings great pain and suffering to us. God is really telling us to defend rather than offend (offensive) and seek out. We do not go out and seek destruction and suffering for the sake of conversion. As Christians we seek to help people truly understand the teachings of this great man Jesus, whether you believe in him as God or not, his teachings are still amazing. But the God part usually comes later as the graces some from your initial learning. Jihadism says go to seek out the killing, raping, beheading, etc., of anyone who does not believe as you do and do it in the name of their God as if this is justified? This is their way of converting to Muslim. But in reality let’s face it, it is only a pretext of a religion and a scam to get more and more gullible people to follow their extreme ideology and fight in their armies. They loot and pillage. This is their real objective- no morals or values.

Oh but its always about a “struggle” isn’t it? They convince people to follow them this way. People are very gullible and don’t learn the lessons they need to from history. Instead of just working hard and advancing themselves to a position of governance, where they can make a difference, they have to instead take to the streets in violence. Like the Jihadist and Marxists, they do the same and promise utopia afterwards, but it never happens. Extreme socialism simply does not work and it has been proven over and over again, yet they still promise equality, except of course at the upper top ranks of the leaders that deserve to live like kings on the backs of the lower class. Again, gullible people go along with it and are brainwashed in believing their leaders actually deserve such wealth and luxury as they live as peasants. This is always the deception.

With these radical extreme Jihadist their utopia, they say will come later in heaven. Heaven will be their reword. Really? So, it is hard to ever justify to anyone that the means really does justify the end because the end only occurs when you die and so you are dead and who cares? How do you know that God is truly going to reward you for all the pain and suffering you did while on the earth? The “end” is never seen on this earth and can never be proven or disproven. Get it? Why are people so gullible? I assure you these Jihadist will go straight to HELL when they die. There is no heaven for them as heaven is reserved for loving and peaceful people. Jesus even told us that he is the way to the Father (meaning Father in heaven). His ways are his teachings while on the earth. Go read the New Testament. The word “testament” itself means a tangible proof or tribute, an expression of conviction.

Jihadist do not follow the teachings of Jesus and I don’t care what bullshit they try to lay on you about their extreme form of Muslim Jihadism.

Yes, there is an enormous difference between the Christians/Jews versus the extremist Muslims and even common sense will dictate the right from the wrong. We don’t need someone to dictate to us as our hearts will always tell us the TRUTH too. We just need to sit and listen to it. If you can’t see it then I can’t help you, as you are too far gone already down that dark hole. Why do you think that Jesus came to the earth? Was it in part to teach us this difference between right and wrong as society was going wrong at that time? Maybe He truly was teaching us how to save souls so all can go to heaven when they die. Please go study what the government was like during the time of Jesus.

Remember that the majority of the Muslim population are not violent. But I have to ask why we, as non-Muslims must take the blunt of fighting their battle for them. This is actually a battle between the Jihadist and the peaceful Muslims is it not? They that must take their place in the ranks of soldiers and fight this battle. This is at the heart of the problem. This confrontation between the two is NOT taking place.

This battle must be fought by fellow Muslims and not by the west as the peaceful Muslims must stand up to their own religion, if in fact it is even a truly peaceful religion. They must defend their peaceful piece of their religion and take it back. Do they ever wonder why the growing population in the west is hating all Muslims? Gee whiz could it be the violence from the Jihadist? Could it be we are fighting their battle for them and losing our (non-Muslim) sons and daughters?

Could it also be they stand themselves out with their clothing like with the hijab, niqab and even worst the burka? There is also the al-amira, shayla, khimar, or chador which are also less deceptive. They must think about these things but refuse to change.

It’s all about customs and we have to remember we don’t wear this clothing in the west because the weather is different here. This form of clothing were adopted as part of the religion but they have their true origins due to the protection from the hot sun in the middle east. Men also wear similar headdress as in Saudi. Yes, the strong sun again. They are used to hiding the woman’s beauty. This is also why, if you noticed that Islam woman seem to pound on the makeup and do look nice as a result as they must accentuate their faces, as this is all you can see. This to me is a sign they really want their freedom and are held back. It must be so hard seeing women from the west show off so much flesh, yet be prohibited themselves. This is of course only a control mechanism. Personally, I am not in favor of how many woman dress in the west, as they show off too much and leave nothing personal between the man and intimacy. This is a touchy subject to me. But this is all an important part of assimilation into a foreign population. Besides with the already bad reputation of the Jihadist one would think they would not want to stand out so much. Sometime I feel they truly believe they are special because they are Muslim with the attitudes I experienced when they stay at our gasthaus. Do they really think the western way of life is so decadent? Then why come here, instead stay in the middle east. We are not going to change to suit you!

Peaceful Muslims need to stop and think about lots of concepts. Jihadist amount to only a small share of the Muslim population and yet their acts of violence ruin it for all Muslims. It is said that Jihadist are less than 15% of the Muslim population. My point is maybe its time for these so-called peaceful Muslims to step up and denounce the jihadist more opening and condemn the violent acts of terrorism. Instead, as we see in Palestine these seeming “peaceful” Muslims support the terrorist Hamas terrorist and condemn Israeli acts to defend themselves against the Jihadist. Don’t they even realize that Israel is really fighting their war for them? Maybe this is part of the problem, as I am trying to tell you. Peaceful Muslims must call out their fellow jihadist Muslims and denounce their violence. When the day comes when they sincerely do this, then I will accept them openly into my community and not before.

I recommend you visit this site to get more information on jihadism. We must educate ourselves on this existential threat to our societies.

THE COLLAPSE OF EUROPE’S SOCIALIST EXPERIMENT

TRANSGENDERism : A LONG-STANDING ANCIENT SATANIC ACULT or JUST A TRENDING FAD?

This may shock many of you today. Remember that I told you that they are after our kids, more importantly the ability to reproduce. If you can’t reproduce, God can’t then send souls here to this physical world anymore. Get it? His creation dwindles. Also not included in this presentation is the humanoid movement that will soon hit the younger generation as did cell phones. It is coming and so get ready. There is going to be a BIG push for brain implants and justified as to compete with the AI robots. Another lie to them that this will make them brilliant, but it will only control people as who is to say they can’t send subliminal messages to your brain. The next movement is total humanoid robotics, which we all know cannot reproduce and do not have Godly souls. Yes, they are very cunning and are taking one step at a time.

This gets only worst and worst as the evidence is exposed of their futuristic plans for humans. There are just too many coincidences in what Candice Ownes brings out from her investigation today of this transgender cult. Opps…. I said it, it is not just a way of life, freedom and something new, but a trans cult that goes way back to ancient times. We are now seeing a resurgence of it in modern times.

Didn’t it ever occur to you how bizarre all this transgender stuff is? How it suddenly came out of nowhere and was actually supported by the governments in the name of choice and freedom? What about the DEI program. Billions was spent on this for what…to ruin our culture and society? We all need to take a step back and see just how satanic and evil this movement is.

The final ritual for transgender men to join the cult, is to cut off their genitals. This is not knew to us. We hear this all the time as trans men should take the next step if they truly want to be woman-like. Of course, again no more babies. Get it? Can you see it? Are you seeing what has been sold to the younger generations of kids and what is happening here. Please everyone should watch this presentation by Candice as she uncovers some hidden truths. Yes, this is about exposing Briggette Macron and her transgender decision to join the cult but much, much more.

I feel God is leading Candice to something BIG.

Most trans don’t even have a clue to connect from the past of what they are actually doing. There are very satanic elements involved here influencing their thinking. They do it in the name of freedom and choice but it turns out to be anything but that. They are being lied too. They are selling their souls to the devil and here is proof. It is a slow process and I can see the brainwashing on Tic Toc and other internet sites.

I hope this give all my readers a platform when confronted people with the issue of transgenderism, as you will be confronted someday, if we don’t stop this cult-like behavior and tell the TRUTH about it.

MORE FROM THE REFORM UK 2024 NATIONAL CONFERENCE

Watch it! This could be yet another Trump like rally in the UK. Did they learn a lesson from Trump on how to take back control?

GOING BACK IN TIME

Sometimes we need to take a step back and remember what really happened in order to move ahead. Is the news media anti-American in not supporting these Trump policies once he was elected..again? Didn’t American vote for these? Wasn’t America sick and tired of the Biden policies, or who’s ever policies that was actually running the country for four years…… Afterall we used democracy to elect Trump, as the democrats don’t seem to understand.

DO YOU LIVE IN NEW ENGLAND?

This one strikes close to home…. this could be your own neighborhood.

ISLAMOPHOBIA OR JUSTIFIED FEAR?

Yes, knowing the TRUTH is important before you shoot off your big fat mouth! Watching this video today should give us all a sense of the twisted view from the Palestinian side. However, these Palestinian activists don’t seem to care about the TRUTH, do they? They don’t want fair and honest dialogue. So, Let’s explain a part of the truth today. I know I many not get it all but I am very close to it.

First, I need everyone to realize that Hamas terrorist organization was VOTED into power by the Palestinian tribes to rule over the Gaza strip. Again, we go back to being careful what you vote for. This tells me that there is a “common” enemy and its Israel. They needed Hamas to fight Israel and so don’t lie to us about it.

The next question we have to ask is why didn’t the Palestinian people themselves fight Hamas? I just explained to you why. Can they now see the harm that Hamas has brought to their land? What did they expect would happen? Oh…. they thought there might be a quick retribution bombing by Israel and not much more. Then go on with yet another 20 years of the same old. But this did not happen. This was to their surprise.

Are they any better off today? Oh… but they don’t care as long as Israel is destroyed. Again, it always goes back to destroying Israel.

This Palestinian propaganda has to stop! The TRUTH needs to get out.

We can also put this into the context of WW2. We have to ask Hamas leadership if they have the guts to deal with the results of their non-provoked aggression? Just like Japan ultimately paid the price to end their war when they bombed Pearly Harbor without warning. In WW2 we didn’t sit back and worry about the carnage of the cities from our bombings, not in retribution, but to end the war. It simply had to be done to destroy the enemy or the evil objectives of Hitler and Japan would continue until the free world was gone. Oh…. They say this is a modern world today and this stuff can’t happen. Really?

Why are all these terrorist organizations springing up in the first place?

The Palestinians are so bent of looking at what Israel is doing in Gaza as just retribution, but it is not. It is much, much worst. It is an elimination of the enemy altogether and they will not stop until Hamas is gone and very possibly many of these other terrorist organizations too that come to their aid.

SPEAKING OF ISLAM.

This may sound weird at first to compare the Muslim movement to the Nazi movement but if the shoe fits wear it. I am going to make it anyway as if we were to turn the clock back and remember what American sentiment towards our real enemies (Germany, Japan and Italy) was back in the 1930’s early 1940’s, most were against going to war again and wanted to avoid it at any cost. Where did that get us? But remember this is a new kind of warfare, not of bullets but for our minds. The bullets only come out once the have a stronghold.

You might want to take a look at this video presentation; it is long but very educational. Muslim is not a religion it’s an ideology. It is a pretext for terrorism. Of course we envision religions as good but if we really study Islam and Muslims we might find its not all its made out to be. The sad part is they are convincing our young people to overlook the destruction and damage of the Muslim terrorists organization and just read the nicer parts of the Cur’on. We must realize this from the start when we deal with Islam. No one should hate all Muslims as not all Muslims are true to their ideology. They are fake Muslims that do want to live in peace, but the bad ones make it very hard to accept those peaceful ones, as how do you separate them. Once again, we must get to the TRUTH somehow. It is up to the peaceful Muslims to fight the evil Muslims bent on destroying anyone who gets in their way. Just because you call yourself a Muslim does not mean you have to go along with an ideology full of hatred and violence.

I want to point out that there are still a leftover Nazis following their ideology too from WW2 and they still are bent on pushing their ideolog on the world. Should we just bend over and allow them to have their way, knowing the destructive nature of their ideology from the past performance? I hardly can call this a religion. Oh… they have their form of bible too and they call it the Mein Kampf. Why don’t we freely and openly allow them? You will probably say it’s because of all the suffering and destruction from WW2 and you would be right. This is what warped ideologies bring to our societies. This is what the Muslims are bringing to our societies and its can’t continue.

So, I have to play the devils advocate and ask why do we allow Muslims then if we know they can be so harmful? Are these terrorist organizations not the cause of much of the suffering and destruction today? How much longer must we continue this terrorism before we realize the culprit is the ideology of Cur’an much like the Mein Kampf was to the Nazis. Remember that Mein Kampf has many very good aspects and truths to it too, but the END never justifies the MEANS. So does the Cur’an. Yes, I am going to compare the Mein Kampf with the Qur’an. For those young readers of my blog let me explain what the Mein Kampf was since many schools are not even teaching this anymore. Maybe this too is why they just accept the Palestine cause so freely without really knowing what is deeply going on. Yes, we must learn from history.

Mein Kampf (German for “My Struggle”) is a 1925 autobiographical manifesto written by Adolf Hitler, outlining his political beliefs and future plans for Germany. The book promotes key components of Nazism, including antisemitism, a racist worldview, and an aggressive foreign policy aimed at gaining living space in Eastern Europe. It embodies the principles of National Socialism, which Hitler later put into practice.

Why do developed nations spend billions and billions on security in defense against these terrorists Muslim run organizations? Yet, in the US they allowed a massive immigration of Muslims from the middle east and even allow Mosque to be built in our neighborhoods. am I missing something here? This is unbelievably stupid, don’t you think? Would we have allowed Hitlers henchmen to come into our neighborhoods and set up shop in WW2? Aren’t we still fighting the war on terrorism or have we all forgotten already? Yes, I would feel sorry for all the peaceful Muslims being caught up in the fight, so why not then prove yourself and denounce the violence. Many still refuse to do it and so I rest my case.

Their Muslim ideology is all based on the teachings of the Qur’an. Where did the Qur’an actually come from? I assure you it was not Surah Mohammad. Stay tuned we will find out where it actually came from in the video below. Are the Muslims even being lied to about what they believe to be a religion and a movement for conquest of the planet?

Remember that there may be some seemingly peaceful, loving Muslims but they are not really true Muslims as they betray their ideology (which is a good thing). We can not go with just a few thousand Muslims we must consider the majority. But like it was hard to separate a good Japanese from a bad one, again today we must think the same about Muslims. Who are really the good and who are the bad.

We already witnessed Ilhan Omar as she was seeded in a massive Syrian immigrant district in Minnesota. Her concentration was on her district but on her activism. Did the democrats allow this massive immigration of Muslims concentrated in these districts then for a reason? What was their plan for the four years of Joe Biden massive immigration policy? Look at the damage she has done and who she really supports. Then there was Rashida Tlaib and again look at her real loyalties to Palestine over the Oct 7^th attack on Israel. I have to ask would we allow know Nazis to infiltrate our government during WW2? Why then do we allow our Muslim enemies in during this was on terrorism? Can’t we better vet these candidates for office? It boggles my mind on this one….. Unfortunately, this is may not be taken lightly by many. What really goes on in the Mosque anyway? Is it just a headquarters for the elite Muslims to plan their next strategy?

We need to get that straight in our heads first of all that Muslim is an ideology and not a religion. Once we realize this, like with the Nazis and Japanese we can focus on the real enemy and stop pacifying them because we look at them as so religious. Religion has the connotation of a true God centered focus, love and looking after our fellow humans, not just those following our own faith but everyone. Yes, there are many ways of doing this and so many religions have sprung up over thousands of years in this manner. Some even evolved and other groups separated from the original churches with slight variations of changes in dogmas but the goal is always the same – love the neighbor as yourself.

I will leave the rest to the video. You can start watching the video at the 27:54 mark.

THE DIEHARD MUSLIMS IN THE UK: Where does our fear come from?

I don’t know about you but just looking at them is scary stuff…. Come on ladies, give it a break and fight for your rights, you saps!

THIS IS A GLOBAL CONSPIRACY

It is evident by the picture below that this video is about REFORM. But what reform am I talking about and why is it necessary in the UK and other countries?

We must again take a step back and ask ourselves why this reform of the UK is even necessary. This video is just an example of what is going all over Europe. We as Americans have so much as stake helping our brothers and sisters overseas to see the TRUTH. In America we finally woke up and it took the majority to wake up to reality and started down the road of real REFORM to fix these wrongs. America is not yet done and still has a long way to go. There is lots of “wokeness”, “tolerance” and “stupidity” to be undone and this is the reform I am referring to.

That is my point and why I decided to bring this video to you today. Our needs are similar across all the developed countries. These globalist want our wealth. They use the United Nations and hide behind it. What they want and need is total control over our nations. They are using their narratives that only cause more destructive chaos and crises. Rather than bring our way of life up they are destroying our cities and cultures.

What can you as a citizen do about it?

The first step is to realize that this is a global conspiracy and it is not just coincidental. It is an orchestrated, well-organized conspiracy. Once you realize the issues are the same abroad as they are in your own country the realization comes and we awaken to the TRUTH. Then and only then can we begin the REFORM steps necessary to stop it.

I realize this next step may not be an easy one for many as these narratives are already ingrained in your head. This is called brainwashing. So, what are these narrative I am talking about. All you need to do it listen to the video below and see if you don’t connect to what is happening in the UK to what is happening in your own country.

I need everyone to realize that what is happening to our GREAT NATIONS is by design, it is not coincidental. We see these similar issues of racism, sexism, crime, immigration, social welfare, our military, energy, free speech, patriotism, massive debt, twisted history lessons, etc, etc. This is all by design.

Can’t you see that it is a war for our minds and souls. Remember the Joe Biden election campaign of 2020- They were “fighting for the souls of our nation” not to make it great again or to better our way of life but to take our souls. This was their words not mine.

Somehow these globalist, through their narratives, gear people towards their inner emotions. This plants the seeds of destruction. Again, I say that when they use FEAR as motivator it normally results in a woke ideology and even beyond our common sense.

So, I bring the video to you today so people in America and the rest of Europe can see that you are not alone in this weird conspiracy of wokeness to bring down your countries. Listen to the speakers and see if it’s not the same issues facing your country as it is in the UK today. Oh…coincidental? But this does not stop in the UK as this virus of wokeness and evil that has spread all across Europe and even jumped across the ocean into the United States and Canada too.

God has told us it will be His hand that will be instrumental in taking back out nations. Now we see the UK revolution beginning. Hey…this looks like a Trump rally to me… LOL..

Pay close attention to the issues! It’s all about the issues which are the narratives forced upon us. WOW! WOW! WOW!

COMPLETE PSYCHO MELTDOWN

After listening to today’s video of these democrat politicians one has to think that they must be mentally retarded or something. It is VERY sad! Really now, what is it that they don’t get? Why fight so much on reforms that can clearly only better every citizen in the US? Do they really hate someone so much that they would betray their own country?

So, maybe they are not mentally retarded after all. Maybe they rant and rave because their narratives that have allowed them so much control, power and theft of billions, are now all falling apart under the current president. One must conclude this is only yet more proof once again that these narratives are intentional and well-planned out by the democrats.

They think they are gaining support by these rants? In reality more and more are waking up as a result. They are not doing the party any favors.

How do these people even get voted in the first place. Are Americans that dumb?

IRAQ HAS GOLDEN OPPORTUNITY TO RISE AND PROGRESS, SAYS FORMER FOREIGN MINISTER

Hoshyar Zebari cites relative calm encouraging more investment, as well as positive change across the region. Iraq has a golden opportunity to “stand on its feet and move forward”, former deputy prime minister and foreign minister Hoshyar Zebari has told The National, urging the country to seize the moment to consolidate its stability.

Baghdad has undergone a construction boom in recent years and investors are returning to the country. BP has resumed operations, while talks are under way with international oil giant ExxonMobil and an agreement in principle has been signed with Chevron.

Since early 2023, more than $100 billion in investment has been pledged – $64 billion from foreign investors and $38.6 billion from domestic companies – according to Haider Makiya, chairman of the National Investment Commission.

Several factors are driving this development surge:

1. Security has improved to unprecedented levels; Iraq has never been as calm since 2003.

2.The relative calm in the country since late 2022, when the government of Mohammed Shia Al Sudani took over, has given authorities the confidence to launch infrastructure projects and introduce reforms aimed at improving the business environment.

This came after decades of war, UN-imposed economic sanctions, corruption and mismanagement that derailed growth in Iraq, despite it being the second-largest oil producer in OPEC. “Iraq is moving on many fronts. This year, Iraq is having national elections to elect a new government,” said Mr Zebari. “Economically, it is inviting foreign investors primarily because there has been better security throughout the country. There are fewer terrorist attacks and disturbances.

“It has also recently encouraged American companies, especially in the oil sector [to come and invest].” Mr Zebari praised the “goodwill of the Iraqi government”, although the situation has not settled completely. He also warned that the drone attacks that were targeted at US investments in the semi-autonomous Kurdish region of northern Iraq in July could undermine investor confidence.

“The Iraqi government investigated this case, but when the probe concluded, they didn’t name any of the culprits, which really discourages investors,” he said.

This summer, multiple explosive-laden drones struck oilfields in the Kurdish region over several consecutive days. Authorities there have blamed militias linked to the Popular Mobilisation Forces (PMF), a coalition of mostly Iran-aligned former paramilitaries now integrated into Iraq’s armed forces. Baghdad has rejected that accusation.

Iran and its proxies have long accused Iraqi Kurdistan of hosting Israeli intelligence bases and have previously struck Erbil with missiles. “Iraq needs more than anything else a conducive environment for investors, security, the court, the laws and the control of the outlaws and militias,” said Mr Zebari.

Positive change

Last month, the Iraqi government withdrew the PMF integration bill from parliament after strong US pressure. The contentious draft law proposed restructuring and widening the powers of the group. The US said the law could have undermined Iraq’s sovereignty and entrenched Iranian influence in the political and security realm.

The bill was expected to elevate the PMF, which was established in 2014 to help fight ISIS, to a status on par with the rest of the Iraqi military.

“The American position has been very outspoken recently, unlike before. They used to pass these messages through diplomatic channels. This time they have come openly and publicly that they will not support the passing of the PMF law,” said Mr Zebari.

He also noted a “positive change” in the region and a trend of bringing arms and non-state actors under state control.

Lebanon’s cabinet recently approved an army plan to reassert the state’s monopoly on weapons, including those belonging to the powerful Iran-backed Hezbollah.

In Syria, the transitional leadership under President Ahmad Al Shara is pursuing a campaign to fold remaining militias into a reconstituted national army as part of post-war state-building.

And in the Kurdish arena, the Kurdistan Workers’ Party (PKK) began signalling demobilisation this summer, the first concrete step towards a promised disarmament as part of a peace process.

Regional shifts

Regional power dynamics have shifted sharply over the past year after Iran’s so-called Axis of Resistance suffered a string of strategic setbacks. Hezbollah in Lebanon and Hamas in Gaza were left militarily degraded after wars with Israel depleted their fighters, leadership and capabilities.

Syria – long propped up by Iranian military and financial backing – saw the fall of the Assad regime late last year, removing a central client-state and a pivotal conduit for Tehran’s regional influence that connected Iran to the Mediterranean via Iraq and Lebanon. In Iraq, Iran’s hold over the militias has also weakened.

In June, Israel, with US support in follow-up strikes, mounted a focused campaign against Iranian nuclear-related sites and associated military infrastructure, inflicting damage that disrupted Tehran’s program. But Mr Zebari says the fall of the Assad regime in Syria was a “turning point in the Middle East”.

“It came at a pivotal moment. It came as a surprise to many regional powers, and I think it was a blessing for the entire region, although the new rulers were unknown. But politics accept realities on the ground,” he said. “The new rulers of Syria have made great strides in less than a year. They now enjoy acceptance and recognition within the Arab region and internationally.”

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NATO APPOINTS IRAQI FIGURE TO HIGH-LEVEL POSITION

The Director of the Cybersecurity Directorate at the Ministry of Interior, Brigadier General Hassan Hadi Ladheeth, announced on Friday that he had been selected by the North Atlantic Treaty Organization (NATO) as Chair of the organization’s Cybercrime Task Force for the Gulf, Middle East, and North Africa .

“I am pleased to announce a new and important milestone in my career (in addition to my current responsibilities), as I have been selected today to assume the position of Chairman of the NATO Cybercrime Task Force for the Gulf, Middle East and North Africa, ” Latheez said in a statement, according to Shafaq News.

The Brigadier General explained, “This position was chosen following a competitive process involving experts from the Gulf, Middle East, and North Africa countries. The process was based on interviews and international standards, and the selection was based on experience and skills in the field of cybersecurity .”

This assignment, according to the Brigadier’s statement, “is a continuation of his work as an international cybersecurity expert within the INTERPOL Cybersecurity Expert Group , a role that has enabled me to contribute to supporting global efforts to enhance digital security and address complex cyber challenges .”

Brigadier General Hassan Hadi Lathidh served as Director of the Cybersecurity Directorate at the Ministry of Interior and represented the ministry at numerous local, Arab, and international cybersecurity forums .

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EXPERT: IRAQ’S SINGLE-SOURCE INCOME THREATENS AN ECONOMIC CRISIS WITHIN YEARS

Economic expert Abdul Rahman Al Mashhadani confirmed that tax revenues in Iraq are unclear, pointing to the lack of accurate data on the categories covered by the tax, especially those working in the private sector.

Al-Mashhadani told Al-Furat News Agency that “the lack of data on private sector workers represents a real challenge to tax collection,” noting that “the current year’s budget included 27 trillion dinars in non-oil revenues.”

He added that “the revenues generated from these budgets do not exceed 50% of the budgeted amount, while actual revenues were supposed to be higher than the specified amount,” warning that “the economic situation in Iraq is facing an existing crisis, which could worsen in the coming years if real measures are not taken to diversify sources of income.”

Al-Mashhadani continued, “Reliance on a single resource, oil, makes the Iraqi economy vulnerable to fluctuations in global markets, which directly impacts the general budget and the government’s ability to meet expenditures.”

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IRAQ SIGNS SEVEN INVESTMENT CONTRACTS IN PARTNERSHIP WITH THE INTERNATIONAL FINANCE CORPORATION (IFC).

Launch of the Partnership Day celebration between the International Finance Corporation and the Iraqi government

The Iraqi government signed seven investment contracts today, Saturday, in partnership and financing with the International Finance Corporation (IFC).

This came during an official ceremony in which the seven contracts were signed, as follows:

A $500 million contract was signed with Basra Gas Company to invest in associated gas and develop Umm Qasr Port facilities.

A $250 million financing and expansion agreement with Al-Muhaidib Group for the cement and lubricants production sector.

A $125 million financing contract for container handling equipment and a storage yard at Umm Qasr Port was signed with Al-Lorraine Investment Company.

The first phase of the Green Residential Real Estate Development Project in Sulaymaniyah was awarded to Hiwa Rauf Investment Company for $65 million.

A $10 million credit line financing agreement was signed with the Bank of Baghdad to finance international trade.

An investment partnership was concluded to establish sustainable agricultural and industrial projects with Sama Al Manar/Teriyaki Agro, valued at $120 million.

A partnership was signed with Captain Ship Holdings to establish a $250 million teaching hospital, and a partnership was signed with Al-Ula SME Finance Company for advisory services and investment attraction development.

Prime Minister Mohammed Shia al-Sudani delivered a speech at the contract signing ceremony, in which he highlighted the importance of the partnership with the International Finance Corporation, given the distinguished capabilities of the private sector, which has demonstrated an effective presence in implementing reconstruction and development projects and has endured various forms of bureaucracy, corruption, and security challenges.

He explained that the government measures aimed at improving the business environment clearly led to attracting international companies to work and invest in Iraq, and the value of Arab and foreign investments reached (100) billion dollars in the volume of licenses and companies that have already begun implementing the investment.

Al-Sudani noted that attracting foreign capital has contributed to supporting the stability of the Iraqi economy and has encouraged other international financial institutions, including those from Germany, Italy, France, Britain, and China, to contribute to financing a significant number of development projects. He also noted that this has provided legal and administrative frameworks and removed red tape, creating more job opportunities.

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MORE THAN 15 TRILLION DINARS ARE KEPT IN CASH IN THE HOMES OF CITIZENS

(There are many discrepancies in this article. I don’t know why they are making so many mistakes. Please see my comments throughout)

The governor of the Central Bank of Iraq says 80 percent of Iraq’s money is in households and stresses that they are trying to increase citizens’ confidence in banks.

(Okay so they told us previously that the money supply was at 100 trillion dinars. So, 80% of 100 trillion is not 15 trillions but 80 trillion. So which is it? I suspect it is more like 15 trillion and not what previous articles have told us.

Central Bank Governor Ali Alaq said the 2025 banking reform plan is a strategic step to strengthen confidence in the Iraqi banking system and solve problems.

He said 80 percent of Iraqi money is outside the banks and in the homes, due to lack of confidence in the banks. He added that the banking reform plan includes updating the banking system, in line with international standards and attracting global companies.

Meanwhile, Mustafa Garawi, a member of the Finance Committee of the Iraqi Parliament, warned that this phenomenon has led to a decline in market movement and economic activity.

He revealed that; According to reports, the money held in households is more than 100 trillion dinars.

Earlier, economic researcher Haider Sheikh revealed; The Central Bank of Iraq is really suffering from a shortage of cash and flows, due to the lack of confidence in the banking system and the least trust in public and private banks, which has led many citizens to keep their money in Iraqi dinars.

revealed; More than 15 trillion Iraqi dinars are kept in cash in the homes of citizens and salaried employees, so the central bank and the Iraqi government should solve this problem and inflation, through the formulation of economic and financial policy and banking facilities for citizens and restore confidence.

(Yet another discrepancy. Inflation in Iraq is at best 2%. This is so low many categorize it as

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IRAQ IS LOSING MORE THAN $11 MILLION EVERY DAY AS BAGHDAD BLOCKS KURDISTAN OIL EXPORTS

Baghdad’s failure to pass an oil and gas law and its pressure tactics on Erbil have stalled Kurdistan’s exports, costing Iraq over $4 billion annually.

Iraq is losing more than $11 million every single day due to the continued suspension of oil exports from the Kurdistan Region, according to the ECO IRAQ Observatory, a specialized economic monitoring platform known for its independent assessments of the country’s energy and financial policies. The observatory placed direct blame on Baghdad’s parliament for failing to resolve the long-standing dispute over oil and gas management.

The U.S.-based observatory on Saturday revealed that the Kurdistan Region was expected to export approximately 230,000 barrels of crude oil per day, in addition to allocating around 50,000 barrels for local consumption. With the cost of extraction and transportation standing at $16 per barrel and $1.5 in fees to Turkey for delivering crude to the Ceyhan port, the net profit per barrel remains substantial.

At an estimated price of $66 per barrel, the suspension of these exports translates into a staggering daily loss of $11.16 million, amounting to $334 million per month and over $4 billion annually in missed revenues for Iraq.

Despite these heavy financial losses, the federal government in Baghdad has failed to reach an agreement with Erbil, leaving negotiations shrouded in secrecy and accountability lacking.

The monitoring group held Iraq’s parliament directly responsible, accusing it of creating chaos by refusing to pass a long-awaited ‘Oil and Gas Law’ to regulate and manage the country’s oil and gas sector.

A Chronic Dispute that Hurts All of Iraq

The ongoing deadlock over the Kurdistan Region’s oil exports is far from a mere technical disagreement. At its core lies Baghdad’s long-standing unwillingness to recognize the Region’s constitutional rights under the 2005 Iraqi Constitution, which granted the Kurdistan Regional Government (KRG) shared authority over natural resources.

Instead of honoring these commitments, successive Iraqi administrations have politicized oil exports, using them as a pressure tool against the people of Kurdistan.

For years, Erbil has argued that independent oil exports are essential to pay public salaries, fund infrastructure projects, and provide stability in a region that has already borne the brunt of wars, economic blockades, and hosting millions of displaced people.

Baghdad, however, has repeatedly resorted to financial blackmail, cutting salaries, and withholding the Kurdistan Region’s rightful share of the federal budget, all while demanding full control of oil revenues.

This centralization of power has not only strangled the Kurdistan Region’s economy but also damaged Iraq’s international credibility. Foreign investors view Baghdad’s unpredictable policies and arbitrary interventions as a sign of instability, deterring long-term partnerships in the energy sector. The failure to establish a comprehensive oil and gas law, despite two decades of promises, has left Iraq unable to fully capitalize on its resources, costing the country billions.

Political Stalemate and Hidden Agendas

Behind the scenes, negotiations between Baghdad and Erbil have remained closed to media scrutiny, fueling speculation that the Iraqi government is intentionally dragging its feet. Observers note that while Baghdad enjoys revenues from southern oil fields, it shows little urgency in resolving the crisis in the north, effectively punishing the Kurdish population while claiming to act in the interest of national unity.

The suspension of exports through the Iraq-Turkey pipeline since March 2023 has already deprived international markets of Kurdish oil, strained ties with Ankara, and weakened Iraq’s bargaining position globally. Yet, Baghdad has treated this issue as secondary, prioritizing political maneuvering over economic necessity.

Critics argue that this reflects Baghdad’s broader policy of undermining the Kurdistan Region’s autonomy. By blocking Erbil’s ability to export oil, Baghdad seeks to force the Region into submission, disregarding the severe financial and social consequences for millions of Kurdish citizens who rely on stable revenues to sustain daily life.

Kurdistan Pays the Price

The people of the Kurdistan Region ultimately pay the price for Baghdad’s failures. Delayed salaries, underfunded public services, and an economy held hostage by political disputes are daily realities. While Iraq as a whole suffers billions in losses, it is the Kurdish families, civil servants, and business owners who face the harshest impact.

Instead of fostering cooperation and equitable resource-sharing, Baghdad has weaponized oil policy, undermining the spirit of federalism and alienating the very partner that has been instrumental in stabilizing Iraq, particularly during the war against ISIS.

Until Iraq’s leaders demonstrate the political will to pass a fair oil and gas law and respect the constitutional rights of the Kurdistan Region, the crisis will continue to fester—bleeding Iraq’s economy, eroding investor confidence, and deepening mistrust between Baghdad and Erbil.

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THE GOVERNOR OF THE CENTRAL BANK OF IRAQ MEETS WITH THE GOVERNOR OF THE BANK OF ENGLAND.

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Allaq, met with the Governor of the Bank of England, Mr. Andrew Bailey, at the Bank’s headquarters in London.
The meeting addressed the historical relations between the two banks and ways of cooperation in supporting the efforts of the Iraqi government and the Central Bank of Iraq in the field of digital transformation, and benefiting from the Bank of England’s experience in modernizing its paper currency and its studies on digital currencies.

During his speech, His Excellency the Governor pointed to the success of monetary policy in maintaining the stability of the general level of prices, as a primary objective of monetary policy, stressing that inflation levels are the lowest in history, reaching (less than 2%). His Excellency also touched on the relationship between the two sides in the field of foreign reserve management, especially since the Central Bank of Iraq keeps a portion of its reserves in the vaults of the Bank of England.

His Excellency Al-Alaq called on Mr. Bailey to support the efforts of the Central Bank of Iraq to join the Bank for International Settlements in Switzerland, given that the Bank of England is a member of the aforementioned bank’s Board of Directors.

Central Bank of Iraq
Media Office

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IRAQ’S 2025 ELECTION: A RECALIBRATION OF POWER, NOT A RUPTURE OF THE STATUS QUO

By Yasir Kuoti and Ali Taher al-Hamoud

September 11, 2025

The air in Iraq is thick these days with political anticipation. On Nov. 11, 2025, Iraqis will head to the polls — for the seventh time since the U.S.-led invasion in 2003 — to elect a new 329-seat parliament from among a crowded field of 37 alliances, 38 parties, and nearly 80 candidates running as independents. With more than 21 million registered voters, the contest looms large, stirring talks in coffeehouses, WhatsApp groups, marketplaces, and living rooms across the country.

Atmospherics suggest the opportunity for change, if not a radical one. Voter energy appears renewed, and expectations of higher turnout are real. A government emerging from this election with a stronger popular mandate could offer the political stability necessary for consistent policymaking, credible reform, and a more predictable posture on the international stage. In a polarized Middle East, a functional Iraq could serve as a bridge between rival powers, tempering regional tensions and leveraging its status as both a major energy producer and a geopolitical hinge state.

For the United States, the stakes are particularly high. A more resilient and sufficiently independent Iraq could represent a long-delayed dividend on decades of strategic, political, and military investment and cooperation.

And yet, for all the optimism, the election is unlikely to fundamentally rupture the political order that has defined Iraq since 2003. The system of muhasasa — the power-sharing arrangement that apportions power among Iraq’s three main ethno-sectarian groups — remains deeply entrenched. Once conceived as a safeguard for pluralism, it has become widely viewed as the scaffolding of corruption, collusion, and patronage networks that continues to define Iraqi politics today. While the vote may not undo the muhasasa, it could change the internal balance of power, recalibrating which elites hold the levers of government.

A Third Shiite Path?

Against this backdrop, marked by the withdrawal of major Shiite players like Muqtada al Sadr’s al-Tayyar al-Watani al-Shiite (the Shiite Patriotic Current) and former Prime Minister Haider al Abadi’s Tahaluf al-Nasr (Victory Alliance), incumbent Prime Minister Mohammed Shea al Sudani, a Shiite Muslim, emerges as a defining figure and an election frontrunner. His popular appeal is rooted in his reputation as a pragmatic, managerial, and moderate leader, garnering him rare cross-cutting appeal in a fragmented political field. A key pillar of al Sudani’s growing popularity and legitimacy since taking office in October 2022 has been his ability to balance competing interests while projecting a unifying national vision.

This balance has been achieved through three main mechanisms.

The first is his domestic balancing acts, as he is widely seen as a manager of contradictions, attempting to strengthen state institutions while maintaining intimate ties to the very actors who weaken them (as important are his balancing acts with both Washington and Tehran).

The second is his appealing nationalist, non-sectarian rhetoric that contrasts with Iraq’s historically sectarian political discourse.

Finally, his tangible track record in public service delivery — energy projects, roads and bridges, refineries, and so on — has earned him credibility even in non-Shiite majority areas of the country. Together, these have bolstered his position as a pragmatic leader in a deeply fragmented political landscape.

For many Iraqis, al Sudani represents the hope for a “third Shiite path,” positioned somewhere between the conservatives of the pro-Iran al-Itar al-Tanseqi (the Coordination Framework) and the more religious-nationalist Shiites like al Sadr. It remains to be seen if this hope materializes. At present, it is hard to know without a decisive electoral outcome that could allow al Sudani the time and space to act on his own ideas or ideology. Similarly, it is naturally difficult for him to do so at present, because he still relies on the Coordination Framework to stay in office; his own party, al-Furatayn, has only two members in Parliament. As such, there are limits to how much he can do. That could and should change if he has, say, 70 members in Parliament, and can ally with like-minded parties and individuals. Then we might be able to see his own ideas come to the surface more clearly.

But if one were to judge by al Sudani’s performance over the last two years, and despite his pragmatic and popular approach, it becomes clear that he represents merely a new, younger face of the Coordination Framework. While there has always been fierce competition between al Sudani and other members of the Framework, he is still operating within their established system of formal and informal rules defined by, among other things, patronage networks, sectarianism, and the dominance of political factions with paramilitary wings, which has long shaped Iraq’s governance. In this respect, a win by al Sudani may still reshape elite politics without necessarily or formally disrupting the system.

His newly launched pre-election alliance, Tahaluf al-Immar wa al-Tanmiya (the Reconstruction and Development Alliance) — a broad coalition of technocrats, nationalists, tribal leaders, civil-minded figures, and veterans of traditional Shiite parties such as Members of Parliament Hanan Fatlawi and Aliya Nusaif, formerly of the Itlaf Dawlat al-Qanon (State of Law Alliance) of former Prime Minister Nouri al Maliki — represents a bid to consolidate a pragmatic governing base. If translated into electoral capital, it could give him the leverage to build a more coherent governing coalition than his predecessors — if one were to assume that his disparate array of political candidates and entities have come together for the clear purpose of reforming the status quo from within. If this materializes, it will mark no small achievement in a country long plagued by fragile leadership and eroding public trust. By contrast, Iraq’s once unrivaled traditional political heavyweights, such as al Maliki, Sayyed Ammar al Hakim, and Sheikh Qais al Khazeli, are likely to underperform electorally and to see their standing erode over allegations of state capture, and, importantly, an inability to resonate with a largely younger electorate. Therefore, a significant test for al Sudani would be to show that he is marching on a new path and that his current membership in an alliance dominated by paramilitary groups was no more than an expedient transitory necessity.

Beyond parliamentary arithmetic, the election will likely shape the coalition politics that determine Iraq’s domestic politics and foreign policy orientation. The outcome is expected to influence Iraq’s role in a Middle East that is being reshaped by shifting alliances and regional tensions. For observers abroad, the November vote offers a window into if Iraq can consolidate a measure of political stability, whether it emerges as a more confident regional actor or continues to stumble under the weight of its political traditions, or if elite bargains will once again dilute the promise of change.

Current Political Landscape

The 2025 election will unfold against a backdrop of turbulence. Several key political players have withdrawn from the electoral race, shifting the political landscape, especially in the case of al Sadr. The reintroduction by the Coordination Framework-dominated Parliament of a closed list electoral system, which was used in the recent provincial elections and will be used again for the upcoming parliamentary one after it was abandoned in 2020 in response to protest pressure, returned control back to entrenched elites and will make it harder for smaller parties and individual independents to win seats. At the same time, social and economic inequalities have deepened, with many Iraqis feeling the widening gap between the general population on the one hand and the political class and their cronies and operatives on the other. Meanwhile, fueled by insufficient fiscal management and corruption, Iraq’s economic fragility continues to worsen. All this comes as the country faces urgent environmental crises, including severe drought and water shortage, threatening both the agricultural sector and long-term stability.

Iraq once again finds itself at a familiar crossroads: reformist aspirations colliding with entrenched power. Among other things, the electoral contest pits two broader visions of the future against each other: institutional consolidation versus militia autonomy. A draft law that would have further institutionalized the Popular Mobilization Forces’ place within the state apparatus remains stalled amid fears, both domestic and international, that it would cement Iranian influence through proxy forces. It also pits al Sudani against some unruly militias. Recently, al Sudani has signaled his willingness to check militia power, most dramatically with the removal of senior commanders from Kataib Hezbollah following their deadly clash with the security forces of Interior Ministry in Baghdad.

Beyond the politics of the “Shiite house,” the Sunni and Kurdish houses are also recalibrating their strategies. The once-dominant Taqqadum (Progress) party, led by former Parliament Speaker Mohammed al Halbousi, faces fierce competition from rival Sunni groups eager to capture disaffected Sunni voters. In the Kurdish north, the Kurdistan Democratic Party, Patriotic Union of Kurdistan, and the New Generation movement remain mired in their own internal rivalries, weakening their bargaining positions in Baghdad.

Mechanisms of Power

Beneath Iraq’s fragmented political arena lies a unifying architecture: an informal web of power that blurs the line between state and party, militia and ministry. Political elites of the various ethno-sectarian stripes exercise dominance not merely through ideological outfits but also through control of institutions. Ministries, commissions, and state offices function less as national bureaucracies than as partisan fiefdoms. Ask almost any Iraqi about a public office, and the reply is telling: “it belongs to” a specific party.

Economic clout reinforces this system. Political actors monopolize state contracts, dominate public-sector hiring, and use these levers to reward loyalty and discipline dissent. The media landscape is equally captured: Television networks and news outlets, often owned outright by political elites and parties, curate narratives designed to entrench their patrons’ legitimacy and discredit rivals. The result is a hybridized order that is part bureaucratic, part patronage-based, and part coercive. It is neither purely democratic nor fully authoritarian, but a form of competitive authoritarianism that operates beneath Iraq’s democratic façade.

Al Sudani’s Appeal

Al Sudani appeal rests not merely on incumbency but also on a record of public service delivery and balancing political acts. This will likely translate into electoral gains in most areas. If his coalition secures 50 to 60 seats, with strong showings in Baghdad and the Shiite heartlands of southern Iraq including Basra, Dhi-Qar, Diwaniyah, Najaf, and Babel, it will enable him to enter post-election coalition negotiations with a decisive first-mover advantage. An endorsement or approval from al Sadr could turn this advantage into a landslide, especially in provinces where al Sadr is historically a dominant player, such as Baghdad, Najaf, and Dhi-Qar. Indeed, even without his formal return to the process, al Sadr remains the wildcard. His likely silence on, say, al Sudani’s campaigning in Sadr City in Baghdad and other Sadr strongholds across the country, may be read as a tacit endorsement, as al Sudani continues to promise a fierce fight against corruption, the subordination of armed factions to the state, and adoption of Iraq-first policies, all things Sadr. That possibility would dramatically marginalize hardline elements of the Coordination Framework and could cement al Sudani as the system’s most indispensable power broker.

Moreover, al Sudani’s popularity extends beyond Shiite provinces. His non-sectarian rhetoric and track record in public service delivery across the country have earned him credibility in Sunni-majority areas like Nineveh and Salah al-Din, though it remains to be seen if this popularity turns into electoral votes in an explicitly sectarian political system. It also remains to be seen whether al Sudani popularity in Shiite places like Kerbala and Diwaniya could pry away seats from former Prime Minister Nouri al Maliki’s State of Law bloc and Iran-aligned factions such as Badr and Asa’ib Ahl al-Haq.

A surge in voter turnout, which we expect, could amplify Sudani gains. Many Iraqis appear unwilling to repeat the low-participation missteps of the 2021 election, when boycotts by pro-reform constituencies ceded ground to entrenched partisan parties. The legacy of the 2019 Tishreen (October) protest movement, its frustrations and limitations, has left a growing recognition that only the ballot box can translate popular anger into structural change. For many, al Sudani could be the initial pragmatic vehicle for that possibility.

Should al Sudani consolidate power, the implications are significant. Economically, he is expected to continue channeling investment into public services and infrastructure, while aiming for energy independence by 2027, an achievement that would be transformative for both the economy, political stability, and overall everyday life. On the flip side, with additional investments, public hirings, and expansion of social safety programs, al Sudani has clearly brought the country to a critical financial juncture, and he will likely find himself compelled — or incentivized — to make economic reforms, some of which would be painful to ordinary citizens. These may include lowering the value of the Iraqi dinar, as he will likely find himself in need of financial liquidity, which the government is increasingly struggling with, to pay public salaries and investment projects.

A strong parliamentary base could give al Sudani the legislative cover to resist patronage networks and pursue anti-corruption probes, while gradually reining in militia autonomy through a mix of institutional incentives and selective coercion. Yet the test of consolidation hinges on several critical variables: the size of his paramilitary bloc; al Sadr’s support; the ability of reformist civil lists to disrupt the entrenched powers of traditional parties of old elites in places like Dhi-Qar, Wasit, and Najaf; the response of Najaf’s clerical establishment; and whether anti-reform elites adapt, resist, or slide into irrelevance. The battle for Baghdad’s seat distribution and the ability of independents to siphon votes from entrenched elites may prove the ultimate bellwether.

Al Sudani’s advantage is real but not preordained. His success will hinge on whether Iraqis see in him not just a manager of balancing acts but a leader capable of redefining the political tempo for post-2003 system.

Looking Ahead

A potential al Sudani victory is unlikely to revolutionize Iraq’s political architecture. Known more as a centrist manager than a revolutionary, his second term would probably usher in a period of cautious consolidation rather than dramatic change. Yet in a system long paralyzed by dysfunction, even incremental progress could mark a turning point. Indeed, incrementalism is nothing but a sensible reform mechanism, as reform need not to be treated as either inevitable or impossible. Importantly, power redistribution, even though occurring within the framework of the muhasasa system, and while not revolutionary, could still be meaningful, especially if al Sudani can consolidate his electoral base and marginalize more anti-reform and hardline elements. The real test will be whether this incrementalism, designed to ensure stability, can produce enough visible gains to breathe life into a status quo many consider clinically ailing.

This hinges on three important factors: the resilience of Iraq’s institutions, the mobilization of public support, and on regional and international support. Entrenched elites are unlikely to surrender their rents without a fight, and without broad societal and international backing, even modest reforms risk reversal. Iraqis have repeatedly shown, most vividly during the Tishreen protests, that they crave better governance. But unless that energy is channeled into sustained political pressure, the forces of inertia will likely outlast incremental reform.

Ultimately, if it is to last, Iraq’s reform path will have to be decided in Baghdad. Still, if incremental progress holds, it could unlock not only greater stability at home but also new opportunities for a region in search of anchors.

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IRAQ MOVES TO EXPLOIT ITS GEOGRAPHICAL LOCATION IN THE DIGITAL WORLD TO CONNECT THREE CONTINENTS

Shafaq News – The Iraqi Ministry of Communications unveiled new plans on Saturday to leverage Iraq’s unique geographic location, making it a key link between Southeast Asia and Europe via the Indian Ocean, the Arabian Sea, and the Gulf.

Basra Communications Director Mohammed Helou told Shafaq News Agency, “Iraq has a strategic location that allows for the efficient reception and transmission of digital capacities. Currently, there are submarine cables in service, such as FALCON and GBI, that transmit data from Southeast Asian countries and India to Europe. These existing projects are a first step towards investing in the Iraqi corridor for global communications services, and they represent the foundation upon which larger projects currently under implementation are being built.”

According to Al-Helou, “The past period included the signing of four contracts to install new submarine cables, the most prominent of which is the Toferica project, which is the longest in the world at 45,000 kilometers. This cable starts from Europe and descends to Africa via the Atlantic Ocean, then passes through the Horn of Africa and reaches Southeast Asia, before branching out to Iraq via the Arabian Gulf outlet.”

He explained that “work is expected to commence during the last quarter of this year, with the possibility of it entering service next year, marking a qualitative leap that will strengthen Iraq’s position on the international data map.”

Other projects, according to Al-Helou, include the Fiber In Gulf cable, which was signed last March with Ooredoo, and which represents a qualitative leap from a technical standpoint, as it consists of 24 fibers (optical fibers) with a massive transmission capacity of up to 720 terabits, and the total length of the route is 1,900 kilometers. Iraq is a key part of this project, which is currently in the stage of demarcating the route and obtaining the necessary approvals.

He pointed out that “the contract for the 27,000-kilometre North Gulf SMW cable is already in place, in addition to the Warlink cable, which is intended to connect databases.”

He considered these projects to be sovereign and would enhance Iraq’s position in the region, as the capacities would be unloaded at the Faw Port and later transferred to Europe via the national system, thus contributing to shortening the distance and solving the problem of delayed and weak data.

Helou concluded by saying, “Iraq will be a new hub for global digital development, and international companies will move to open data centers there, strengthening the country’s sovereignty and digital security.”

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PRESENTED BY AN AMERICAN COMPANY: EXPERT: POWERFUL PARTIES ARE PRESSURING THE CENTRAL BANK TO THWART THE REFORM PLAN.

Economic expert Ziad al-Hashemi spoke on Saturday, September 13, 2025, about “pressure exerted by powerful parties” on the Central Bank of Iraq to “thwart the banking reform plan” presented by an American consulting firm. He 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)

Al-Hashemi said in a tweet followed by Al-Jabal that “the Central Bank of Iraq is under pressure from some powerful parties to thwart the banking reform plan, empty it of its content, maintain the miserable banking situation, and expose more banks to the risk of sanctions.”

He added, “We must first recognize that the Central Bank of Iraq’s reform plan, presented by the American consulting firm, does not rely on specific standards imposed by the Federal Reserve, but rather on international standards, the most important of which are the Basel Standards for Banking Supervision, which focus on the adequacy and quality of capital, governance, the distribution of ownership and its separation from management, risk management, and the level of disclosure.”

He explained, “This reform plan will force owners of convenience stores to pay the price for establishing banks that do not meet banking standards and regulations, and for living off dollar transfers. Therefore, they have no choice now but to comply with the terms of the plan, merge, or liquidate.

So far, many of these bank owners insist on remaining in control of their banks, and this is a point of contention with the reform requirements that could lead to the plan’s failure.”

He continued, “Experience has proven that the concentration of bank ownership in the hands of a small number of families and non-specialized individuals was one of the main reasons for the deterioration of the banks’ situation, weak governance, increased financial risks, and increased fraud cases. There are also other pressures to prevent banks from increasing their capital or hindering the level of governance, especially with regard to the ‘fit and proper’ standard for assessing the integrity, good reputation, and expertise of banks’ senior management.”

Al-Hashemi explained that “the banking reform plan, if implemented efficiently by the Central Bank of Iraq, will certainly contribute to ridding the Iraqi banking system of most of its problems, cleaning up its reputation, and raising the quality of its services. Therefore, the Central Bank’s success in implementing the reform plan is a matter that deserves praise and a hat-trick to the Central Bank. Implementing the reform plan is difficult, but it is possible, and success in that depends first and foremost on the Central Bank’s strictness, decisiveness, and ability to impose its reform will on everyone.”

Al-Hashemi asked, “Will we finally salute the Central Bank, or will we continue to witness yet another failure of reform and submission to the powerful bank owners and patrons?”

On August 16, Al-Hashemi spoke about the Central Bank of Iraq’s position on implementing the “reforms” that the US Federal Reserve and the US Treasury Department want to implement in the Iraqi banking system. He also addressed what he described as “powerful” entities in Iraq, which own and operate dozens of banks and live off the dollar and the revenues of those banks. He pointed to a “reform” action plan for the Iraqi banking system, presented by an American company, which he described as facing “opposition behind the scenes” from parties that benefit from maintaining the status quo without reform.

Al-Hashemi said, “The Central Bank of Iraq has a ‘last chance’ to reform its banking system by implementing the reform plan and imposing its will on those obstructing it. Otherwise, the Treasury and the Federal Reserve will be on the lookout.” He explained that, “For years, the Federal Reserve and the US Treasury have pursued a direct, strict policy with the Central Bank of Iraq, which has forced nearly 50% of banks out of work or dealing in dollars as a result of sanctions and deprivation.”

He added, “During that period, the Federal Reserve imposed numerous conditions and requirements on the Central Bank of Iraq to increase compliance, the most important of which were expanding the scope of direct transfers and electronic payments, streamlining the number of banks by liquidating some banks and merging others, and changing the ownership structure and capitalization of banks.”

He pointed out that “this situation has put the Central Bank of Iraq in a very difficult position, caught between the hammer of the Federal Reserve and the anvil of powerful parties in Iraq, which own and operate dozens of banks and live off the dollar and the revenues generated by those banks.”

He pointed out that “as a compromise to spare the Central Bank of Iraq the embarrassment and pressure it is facing, an American company (OW), which has joint working relationships with the Federal Reserve and the US Treasury, has been commissioned to assess the Iraqi banking system and present a reform action plan for it.”

He added, “The company presented a banking reform plan, which included requirements based on and consistent with those demanded by the Federal Reserve and the Treasury over the past year. This means that the Central Bank of Iraq received the same US federal requirements, but indirectly through an American company, in what appears to be a tactic to cover up direct federal intervention in reforming the Iraqi banking system.”

He continued, “The plan is now ready for implementation after the Central Bank announced it, but it appears there is some opposition behind the scenes to obstruct its implementation by some parties who benefit from the status quo without reform.”

He pointed out that “the Central Bank of Iraq now has no choice but to adhere to the banking reform plan presented by the consulting firm. Otherwise, the Federal Reserve and the Treasury will return to direct intervention and force reforms on the Central Bank or impose further restrictions and even sanctions.”

The expert explained that “the return of the Treasury and the Federal Reserve to direct intervention and pressure is a sensitive issue that the Central Bank of Iraq is striving to avoid, to protect its reputation and affirm its independence and ability to implement reforms. This requires a firm and decisive stance from the Central Bank’s management to implement this reform plan without yielding to any internal dictates or pressures.”

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SOMO PLANS TO ADD NEW OIL AND GAS RAW MATERIALS AND BOOST GAS INVESTMENTS.

SOMO Chairman Ali Nizar Al-Shatri revealed efforts to diversify export markets for Iraqi crude oil, alongside increased investments in liquefied petroleum gas (LPG) infrastructure. He confirmed SOMO’s plans to add more new crude oils in the coming period.

Al-Shatri said, according to the Energy Platform, “Asian markets are the fastest-growing markets in energy demand, so Iraq is keen to meet this demand and strengthen its presence there. At the same time, however, we are keen to maintain a balanced export to other markets in a way that serves Iraq’s strategic interests.”

He added, “Iraq has always engaged with the European market with interest, but our policy is based on sustainable exports linked to our production capabilities, far from momentary decisions. We seek a long-term presence in Europe, not merely exploiting a temporary circumstance.”

He added, “We are constantly monitoring developments in global markets, and there are already studies underway to open new outlets in Africa and Latin America. However, any move will be carefully considered and serve Iraq’s long-term interests. Iraq exports to a wide range of countries, exceeding 40, which reflects the diversity of the markets we deal with and underscores the flexibility of our exports.”

He pointed out that “Iraq is open to all initiatives that contribute to diversifying export routes, but any such step is linked to technical, security, and political conditions. Therefore, the matter is still under study and discussion, and we are always looking for practical alternatives that ensure continued exports and serve the national economy. Negotiations and options are available, but they must be dealt with within a framework that guarantees common interests and maintains transparency.”

He explained, “There are efforts to add new raw materials to reflect the geographic diversity of Iraqi production. This enhances marketing flexibility and provides consumers with more options. Iraq has promising potential in this area, and there are plans to increase investments in gas infrastructure, enabling a gradual increase in export rates and contributing to maximizing national revenues.”

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SOMO ANNOUNCES TERMINATION OF CONTRACTS WITH KURDISTAN OIL COMPANIES AND CONFIRMS IMMINENT RESUMPTION OF EXPORTS.

The State Oil Marketing Company (SOMO) announced on Tuesday that it has terminated all contracts and obligations with companies purchasing oil produced from the Kurdistan Region.

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. The company’s general manager, Ali Nizar Al-Shatri, said in a press statement: “What happened in the Kurdistan Region was a matter of understanding and establishing working mechanisms,” noting that “the law applies to everyone.”

He explained: “The federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Region operate within a single framework, given that the oil produced is Iraqi oil. The uniqueness lies solely in the nature of the relationship between the regional government and the companies operating there.”

He added, “The federal government, the regional government, and the producing companies need to complete the budget law implementation mechanism, and advanced understandings have been reached in this regard.” He indicated that “efforts are ongoing to reach a final agreement that will allow the resumption of crude oil pumping to the Turkish port of Ceyhan and the commencement of exports.”

Al-Shatri continued: “The crude oil produced in the Kurdistan Region is not currently exported, but is consumed locally within the region. We are working in accordance with the 2025 budget law to convert the surplus quantities after local consumption into exports.” He pointed out that “the Oil Marketing Company has completed all its contracts and obligations with the purchasing companies and is ready to receive the quantities as soon as they are pumped by the producing companies and the regional government.”

He pointed out that “the resumption of exports will restore Iraq’s glory as a primary source for the European market, which is thirsty for this type of oil, especially in light of the Russian-European crisis and the absence of Russian supplies, as Iraqi oil is distinguished by its similarity in quality to Russian oil,” stressing that “so far, SOMO has not received any quantities of oil from the Ministry of Natural Resources in the region, and the contractual relationship remains between the ministry in Kurdistan and the producing companies.”

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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 11, 2026 Edition of Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

September 11, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some GREAT news for you today. Let’s buckle down and enjoy all the news…. again.

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.

Let’s all try to chip in!

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Proverbs 11:24-25:

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

STATUS OF THE RV

The clock is ticking for Iraq, tick tock, tick tock. September is already almost half over. Today I want to inform my readers of the information I received this week from my call to Iraq. This call took place just a couple days ago and so the news is very current. I wanted to take the time to review all my notes and clearly present it here for you today. I never has such a long, detailed call and I hope they will continue feeding me more and more information as the process rolls out over the next months.

In the call from Iraq, I was told meetings are underway with the US Treasury and Central Bank of Iraq for the final details of what we all hope will be the execution of the swap out of currency soon. I do not want to dispel hope that this will go forward, but remember there is caution and Iraq had false-starts to the process many times already and shut it down before they got to the “no turning back” stage. So, let’s all pray this goes well for Iraq. Many may ask me where are all the articles then explaining it? I assure you I am told they are coming…. Please everyone, get down on your knees and pray hard for the people of Iraq and the abundance and prosperity this move could give all of us. I thought it weird too that in the midst of the Charlie Kirk assassination I was on my cell at about the same time receiving this info. I heard the news afterwards and it totally shocked me. My prayers go out to his surviving wife and children. So, just today I heard the FBI took into custody the assassin. Please take the time to go to the Political Section of today’s Newsletter and review it all.

Also bear in mind these are not normal cell plan calls to Iraq and cost extra and are expensive. I need help in all directions to support the Newsletter and show your deepest appreciation. I want to thank everyone who came forward and showed your deepest appreciation at this time. Thank You, Thank You, Thank You! But remember this should not be a one-time occurrence but a monthly help as I try to research and complete 8 Newsletters a month. Let’s keep the Newsletter alive at this critical time.

So, this info from the call did not surprise me as we are in September already and they want to complete this swap out before December and are targeting January 2026 for the reinstatement. I know this may be a bit vague but this is all they would sacrifice in the name of a timelines. They are keeping this all very, very quiet. They teased me with just enough. I was told we MUST see the announcement back to full accession to the World Trade Organization (WTO) during the next months. This will coincide with the process as it will all happen suddenly with announcements coming out.

I was told there is more than enough of the newer lower denominations (coins fils included) to fulfill the needs within Iraq as digital banking lessens the needs for cash. ATMs are going to play a pivotal role in the conversion process allowing machines to take in the three zero notes and deposit them into accounts. This goes back to articles from the CBI we read many times about why these ATMs are important. So, we are now hitting this pivotal time period. Convenience is important to get cooperation. Times have changed over the last 20 years and unlike in 2004 when they did the swap out from Saddam Hussein lower denomination notes to the larger three zero notes. They are now about to reverse the notes back to the lower denominations again and normalize their currency. This time with a new design and security features. Yes, no Saddam pictures on them….lol..lol… 😊 This comes on the back of getting the parallel market under control and the work with correspondent banks to replace the currency auctions.

Of course, I was NOT told what the in-country rate would be but only it would be just over a dollar. I was told that shortly (whatever the hell that means….) we will see the educational part of the roll-out as the CBI would have to inform the citizens of what they are doing and how its all going to work. There will be a deadline in country to turn in the large three zero notes as was previously planned as I was told years ago. So, this has not changed. After the deadline the three zero notes will still be valid currency but the ATMs will no longer take them and banks will have to get special permission from the CBI to accept them in country. They are not playing around with this….. They will take it case by case. I was told they still plan to use the larger three zero notes for inter-banking needs where large sums of cash is appropriate for a transaction but that most of the retrieved three notes will be inventoried and burned. They have new scanners set up and have yet to deliver them to the banks to validate the currencies both of the older three zero notes and the newer notes going forward. The ATMs already have the built in scanners for legal tender installed and ready. This happened years ago.

As I write this Newsletter today I am saddened and tears roll down my face. As many may already heard that on Wednesday, Charlie Kirk (31) was assassinated at a Utah college campus. I cannot say enough on how sad this is and how extreme the extreme will go. This is how bad they wanted to shut us up. Folks, now you all should understand why Mnt Goat stays in the shadows to relay my news. I too have feared for my family. Remember my TRUTH is not really only my TRUTH, but yours too. Remember my mantra “Their words not mine…..No Rumors, No Hype, No Opinions, Just the FACTS!”. My blog is their words not mine. People like Charlie Kirk are making a difference and are part of the solution not the problem.

😊 In today’s news I also wanted to talk more about the signs being given to us that Iraq is finally shifting to independence and fulfilling true national sovereignty. In one news we see the US Congress making a major step in the article titled “US HOUSE OF REPRESENTATIVES ENDS WAR AUTHORIZATIONS FOR IRAQ AND THE GULF”. The US House of Representatives just passed the National Defense Authorization Act, which sets military policies and provides funding for the military, after a key amendment repealing the war authorizations for Iraq and the Gulf, in a vote that sparked widespread controversy between Democrats and Republicans. This signals to the world not only the U.S. commitment to end all these small senseless wars, but to also prevent them in the first place as now they must go through Congress prior to any executive branch action can be taken with the military. To our investment it also signals to the world that Iraq is shifting drastically and the final stages of a sanction-like attutude towards Iraq may be over, although we certainly know that all UN official sanctions on Iraq ended since late 2022. This is all wonder news!

Let’s talk Reforms:

😊Then in yet another article titled “THE CENTRAL BANK’S FRUITFUL EFFORTS TO ACHIEVE THE COMPREHENSIVE BANKING REFORM PROJECT” by Samir Al-Nusairi the Central Bank’s actions and efforts, in partnership and consultation with private banks. They , have been fruitful in facilitating the implementation of the objectives, mechanisms, and standards of the comprehensive banking reform project, in cooperation with the government and the global consulting firm Oliver Wyman, and the objectives and initiatives of its third strategy. This does not say so much futuristic measures this say they have been fruitful meaning done already. This next phase of banking reforms could only move ahead now because of the groundwork already laid out. We read article after article about these reforms, given that economic reform (the next stage) begins with banking reforms. But remember that economic reforms have the financial reforms as their foundation which we has been laid down now and we witnessed it all. Remember the “Pillars of Financial Reform”? Did you forget already? What did you think these reforms would amount to? So, it now also why we are now being told to expect the rollout of the reinstatement? Is it time to get dividends from all this hard work of the financial reforms? Now it is time to suck in all the three zero notes and move this liquidity back into the banks to support the rebuilding the economy (economic reforms) the next stage.

Now let’s go further. We knew that in order for Iraq to move ahead into the normalization of the dinar, they would need the full support of the US. So let’s look at the following articles today and what story do they tell us? This support has been slowly gaining momentum as the new Trump administration talks hold in its new foreign policy with Iraq and the middle east. I can see from comments months and months ago that many of my readers think that things just happen overnight. I try and try to explain to you they do not. We must be patient, listen to the news with expectation but realistic expectations. So, now we are advancing to see US companies entering the scene. We read articles last week at just how secure and safe Iraq now is compared to 20 years ago or maybe even just 5 years ago.

😊 I believe you also want to back up this last article up with this one titled “IRAQI BANKS ASSOCIATION: THE REFORM PLAN HAS REACHED ITS FINAL FORM AND WILL INCLUDE ALL PRIVATE BANKS.” Come’on folks have much reforms is enough reform? What can they achieve? How much is necessary? They have been at this for all so long already. They are telling us today they are in the LAST PHASE of the process of banking reforms, now it comes down to ‘uniformity” between all banks in the banking system. If you don’t conform you will not be banking in Iraq. We all should celebrate. What a relief if was to finally hear such good news. No more hodge-podge banking system. Oh boy….they really needed this too for the rollout of the reinstatement. They can not risk more corruption once the currency in normalized and goes viral.

More solid proof of the new US policy towards Iraq: (this shift has begun)

😊 In the article titled “STEVE LUTZ: THE KURDISTAN REGION HAS A MORE FAVORABLE ENVIRONMENT FOR INVESTMENT THAN IRAQ”. Who is Steve Lutz? No, not the Oklahoma State basketball coach, the other Steve Lutz I mean Steve Lutes, a Trump cabinet pick for leading the US Chamber of Commerce. I know they got the name spelled wrong. Why would Lutes be in Iraq? The Vice President of the US Chamber of Commerce said that the support and assistance of the Prime Minister of the Kurdistan Region, its favorable environment, security and economic opportunities have encouraged US investment companies to invest in the Kurdistan Region; “The Kurdistan Region has a more favorable environment for investment than Iraq” (I think they mean to say Baghdad area outside of Kurdistan not that Iraq is not Kurdistan, it is part of the nation of Iraq….weird…. how they said this)

On Monday, September 8, 2025, Steve Lutz (Lutes), Vice President of the US Chamber of Commerce said “We have 30 companies from the United States and we aim to invest in different sectors in the Kurdistan Region and find economic opportunities; Many companies are coming to the Kurdistan Region for the first time in order to get to know the Kurdistan Region better and find new partners.” Folks why would the US take such interest now financially if they were not now changing attitudes toward Iraq and supporting it economy? Why would they want the 1320 dinar?

Steve Lutz said “We will invest more in the health, tourism and agriculture sectors in the Kurdistan Region because it has a safe, appropriate and secure environment,” He also said that the priority of the US Chamber of Commerce is to invest in the Kurdistan Region, because the Kurdistan Region has a more favorable environment in Iraq, even the US government targets companies to invest in the region. WOW! WOW! WOW!

Is this now what we have wanted to see all along? Remember when I told you eventually the new Trump foreign policy would be much different than the old stale Obama/Biden policy and it would move Iraq ahead in the game. Why wouldn’t it. There are trillions to be made in the Iraqi new economy. But it has to come with a new rate of the dinar too. It is coming….. 😊

😊 Okay so here it is again in this article titled “TALABANI: THE REGION IS QUALIFIED TO BECOME AN IMPORTANT TRADING PARTNER FOR THE UNITED STATES.”.

What more news do you want to convince you the US has come (not coming) to Iraq.

Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, affirmed on Sunday that the Kurdistan Region is qualified to become a major trading partner for the United States in the region.

He added, “We also discussed our efforts to develop the capabilities of youth in Kurdistan in the fields of technology and entrepreneurship, given that creative youth can play a role in using modern technology and artificial intelligence in the development process in Kurdistan and contribute, through their technological capabilities, to strengthening trade relations between the United States and the region.”

😊 WOW! So, here we go again in article titled “MAZHAR SALEH: THE ECONOMY IS ACHIEVING POSITIVE INDICATORS WITH A GROWTH RATE OF 5.3% IN 2025.”

The financial advisor to the Prime Minister, Salih, affirmed on Tuesday that the Iraqi economy is going through a pivotal phase that combines positive indicators and promising opportunities with structural challenges that require radical reforms, which the government program is working on with determination and a coherent approach.

Speaking to Al Furat News Agency, Saleh explained that “the gross domestic product is expected to achieve growth of approximately 5.3% in 2025 compared to previous years, indicating the strength of economic investment activity in the country.” He added, “The government has proposed more than 160 investment projects in the electricity, refineries, and ports sectors, reflecting a significant trend toward revitalizing the private sector within the services-oriented government.” Okay so here is the evidence. I don’t need any bank stories, secret memos or lies about every weekend or any day RV scenarios. Here are the facts to back up what I am telling you. Does any country experience a 5.3% growth rate? WOW!

😊 Okay if all this was not good enough for you today here is the icing on the cake or the crème de menthe in article titled “BAGHDAD AND WASHINGTON AGREE TO AVOID CONFLICT AND AFFIRM THAT ECONOMIC PARTNERSHIP BUILDS A STRONG GOVERNMENT.” Iraqi Parliament Speaker Mahmoud al-Mashhadani and the new US Chargé d’Affaires in Iraq, Joshua Harris, discussed on Tuesday the importance of sparing the country from regional conflicts, stressing that US investment and economic partnerships must contribute to building a strong government.

This came during Mahmoud Al-Mashhadani’s reception of Joshua Harris at his private office for an official meeting during which views were exchanged and frameworks for strategic cooperation between the two countries were discussed.

In a statement to the House of Representatives, Al-Mashhadani stressed that “Iraq’s security stability and economic prosperity are closely intertwined, and that achieving stability requires supporting the national economy and employing youth, through activating the private sector and the entry of American companies into the Iraqi market.”

So, what the hell more do my readers want to convince you that the foreign policy under Trump has changed, We are now reading this policy as I said would all shake out and we would soon learn more of what it was. I asked back then to you would it favorable or harsh? Would this policy be even worst than the Obama/Biden bullshit corruption we all witnessed? So the tide has turned, the shift is here.

I want to warn my readers that the Iraqi elections are usually chaotic. I am hearing that it should be a no brainer for the re-election of Al-Sudani for yet another 4 years. Nothing is a sure thing in Iraq as we have learned. So, in this article today we also learn from the Iraqi Parliament Speaker al-Mashhadani as he stressed that “the next phase after the elections requires genuine partnerships to deepen economic and political relations and strengthen Iraq’s sovereignty and national unity, with a focus on government efficiency and the application of the principle of citizenship as the foundation of the development approach.” Remember I told you also it was all about unity. Yes, nations are built and survive on patriotism and the unity of its citizens towards common goals but goals that lead to prosperity, abundance and peace.

There is not much more to tell you today. Let’s keep out eyes wide awake for what could happen in the next several months. Let’s pray and stay focused on the TRUTH and not let any shootings or other events bring us down. We must stay focused and on target. Do you know what you are going to do with all this money? Do you have a solid plan? What will your future be like? Will it constructive or destructive with all this money? Are you also going to pay-it-back and help others with it?

I need everyone to remember that through the prophets God has told us there will be a woman that will eventually come forward to help heal and unite the US. I don’t think she is here yet until things settle down and many of these woke politicians are gone. I also included more than ever information about these Muslims in the US. I want to remind everyone that I was in the Intelligence Corps, US Army stationed in Iraq. I have seen it all. What I see going on now in the US with these Muslims today is very dangerous, especially with having Muslims infiltrated into our politics and worst of all using the positions of trust to instigate these Muslims to a violent state of mind against the US. Remember they came to the US for a peaceful way of life and now these radical Muslim politicians are going to stir them all up. Why? Why would anyone want to hurt the very same country that just rescued them from harms way? I really don’t get it. Oh…. but I do get it. Again, this is dangerous. I am not a Muslim hater, nor do I will them anything bad. I have seen this trend before, and I am sending out a warning signal to anyone reading this Newsletter today that the government of the US must address this sooner than later.

For those of you who do watch the show with Steve Shultz on Elijah Streams I want to encourage you to keep watching. I do not go a long with some of this because I believe, in part, Steve is being conned by some of the people he invites on his show. I listened to the show on Thursday with Jan Harper-Hayes.I thought you all might want to hear what she had to say about Iraq.

DINAR TO REINSTATE NOT UNTIL AT LEAST…..

I cannot yet verify what she says about this payment, however I will ask my CBI contact next week on this subject matter.

GOLD, GOLD and more GOLD

Hey, let’s not forget about silver….. So, how many times does God have to tell us about the coming GOLDEN AGE. Are we positioned enough to leverage off this shift to the Gold Standard? What will it take to be prepared?

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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:

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? June has been amazing too as promised. Was He lying to us? Here comes the indictments.

Prophetic Words from prophet: Hank Kunneman

“President Trump, America & The Golden Age”

You can start watching the video at the 15:48 mark. Please pay VERY close attention to what is said in both physical terms and spiritual terms.

How will the U.S. get back to the GOLD standard? This will mean getting off the dollar as the global media of exchange, or will it?

You may want to take a look at this recent news and how it all fits in to the prophecies. Could this really happen?

click on the GOLD to watch the video.

Prophetic Words from prophet: Julie Green

“This is a time to find out how politicians came to Washington with nothing and now have millions”

You can start watching the video at the 25:10 mark. From Sept 7^th.

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

WHO WILL ‘CARRY THE TORCH’ FOR CHARLIE KIRK

We must all PRAY for him as he enters the gates of heaven. He will be missed!

I GUESS WE NOW KNOW WHAT SIDE OF THE ROAD HE IS ON? (As if we didn’t know already)

RASHIDA TLAIB’S BOMBSHELL MOVEMENT TO RADICALIZE PEACEFUL MUSLIMS IN THE US.

Folks this is the danger of putting these foreign immigrants into our political system. They just don’t get it. Do they really understand why they are there? Do they get it?

It is much easier to address them now along with those politicians stirring them up before this gets out of hand.

WHY IS THE WEST FIGHTING JIHADIST FOR THE MUSLIMS. THIS NEEDS TO FIGHT FOR THEMSELVES, (if they are truly peaceful Muslims and mean what they say).

What does jihad mean?

Luke 10:19

Behold, I have given you authority to tread on serpents and scorpions, and over all the power of the enemy, and nothing shall hurt you.

Jihadist do not follow the teachings of Jesus and I don’t care what bullshit they try to lay on you about their extreme form of Muslim Jihadism.

I recommend you visit this site to get more information on jihadism. We must educate ourselves on this existential threat to our societies.

THE COLLAPSE OF EUROPE’S SOCIALIST EXPERIMENT

TRANSGENDERism : A LONG-STANDING ANCIENT SATANIC ACULT or JUST A TRENDING FAD?

I feel God is leading Candice to something BIG.

MORE FROM THE REFORM UK 2024 NATIONAL CONFERENCE

Watch it! This could be yet another Trump like rally in the UK. Did they learn a lesson from Trump on how to take back control?

GOING BACK IN TIME

DO YOU LIVE IN NEW ENGLAND?

This one strikes close to home…. this could be your own neighborhood.

ISLAMOPHOBIA OR JUSTIFIED FEAR?

Are they any better off today? Oh… but they don’t care as long as Israel is destroyed. Again, it always goes back to destroying Israel.

This Palestinian propaganda has to stop! The TRUTH needs to get out.

Why are all these terrorist organizations springing up in the first place?

SPEAKING OF ISLAM.

I will leave the rest to the video. You can start watching the video at the 27:54 mark.

THE DIEHARD MUSLIMS IN THE UK: Where does our fear come from?

I don’t know about you but just looking at them is scary stuff…. Come on ladies, give it a break and fight for your rights, you saps!

THIS IS A GLOBAL CONSPIRACY

It is evident by the picture below that this video is about REFORM. But what reform am I talking about and why is it necessary in the UK and other countries?

What can you as a citizen do about it?

God has told us it will be His hand that will be instrumental in taking back out nations. Now we see the UK revolution beginning. Hey…this looks like a Trump rally to me… LOL..

Pay close attention to the issues! It’s all about the issues which are the narratives forced upon us. WOW! WOW! WOW!

COMPLETE PSYCHO MELTDOWN

They think they are gaining support by these rants? In reality more and more are waking up as a result. They are not doing the party any favors.

How do these people even get voted in the first place. Are Americans that dumb?

THE CENTRAL BANK’S FRUITFUL EFFORTS TO ACHIEVE THE COMPREHENSIVE BANKING REFORM PROJECT.

Samir Al-Nusairi

The Central Bank’s actions and efforts, in partnership and consultation with private banks, have been fruitful in facilitating the implementation of the objectives, mechanisms, and standards of the comprehensive banking reform project, in cooperation with the government and the global consulting firm Oliver Wyman, and the objectives and initiatives of its third strategy.

Given that economic reform begins with banking reform, the challenges facing the Iraqi economy and the opportunities for reform in the banking and financial sector are highlighted in the government’s program, as are the prospects for the Central Bank’s future vision for the role of the banking sector in achieving sustainable development and investment. The efforts currently being made to activate and revolutionize productive economic sectors other than oil to diversify sources of national income, achieve financial sustainability, and accelerate the growth of the national economy are also highlighted, as is the role of the Central Bank in regulating foreign trade financing, completing infrastructure projects to achieve comprehensive digital transformation, and expanding the use of electronic payment tools to achieve financial inclusion.

Opportunities exist to reform and develop the banking sector during 2025-2028 in accordance with the following objectives:

First: Developing the Iraqi banking system and its compliance with international banking and accounting standards.

Second: Building a sound, modern, comprehensive and flexible banking sector.

Third: Enhancing citizens’ confidence in the banking sector locally and internationally, and acknowledging its transparency, progress, and strict commitment to international standards, and gaining the trust of reputable correspondent banks to deal with it.

Fourth: Rehabilitating restricted and weak banks to return to activity in the banking market with full internal and external activities.

Fifth: Transforming banks to their primary function, which is financing and bank lending for development, and enhancing financial inclusion and increasing its current rate as planned.

Sixth: Strengthening the procedures and decisions for the transition from a cash economy to a digital economy, withdrawing funds outside the banking cycle, which constitute approximately 80%, and introducing them into the banking system.

Although all the above objectives have a three-year implementation period according to the banking reform project and the Central Bank’s strategy, what was achieved in 2023 and 2024 and up to June 30, 2025 in terms of building foundations, rules and pillars formed a supportive pillar in building the mechanisms and paths of the desired reforms, and they constitute ambitious percentages as announced, which will lead to the evaluation and classification of banks based on their achievement of the planned objectives in the reform project according to the internationally approved standards and criteria.

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IRAQI BANKS ASSOCIATION: THE REFORM PLAN HAS REACHED ITS FINAL FORM AND WILL INCLUDE ALL PRIVATE BANKS.

The Iraqi Private Banks Association confirmed on Thursday that banking reform in Iraq includes both the public and private sectors, while indicating that the reform plan has reached its final form and will include all private banks without exception.

The Executive Director of the Iraqi Private Banks Association, Ali Tariq, told the official agency that “the banking reform in Iraq consists of two parts, the first for government banks and the other for private banks.” He explained that “the reform for private banks consists of standards divided into four axes: the first is governance, capital and ownership structure, the second axis is the business plan and the products offered by banks and how to spread their branches, ATMs and all financial and banking services.”

He added, “The third axis relates to developing procedures, particularly with regard to anti-money laundering, compliance, and risk management. The fourth axis concerns financial statements, which include financial statements and multiple ratios that the bank must adhere to in the future. Therefore, the issue of capital, ownership structure, and governance is part of a broader reform plan.”

He also stated that “during the previous period, there were serious comments from the banks, which were conveyed to the Central Bank of Iraq and a dialogue was opened.”

He continued, “We are now in the final stage of formulating the plan, which will include all banks, not just those deprived of dollars or specific banks, but all private sector banks.” He noted that “this plan is not just to fix a defect, but rather to set standards that the bank must adhere to to ensure it is above the norm and continues to operate normally.”

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DIGITAL BANKS AND FINANCIAL INCLUSION

Today, Iraq is witnessing the launch of a new era of banking services, shifting toward digital services in line with the global trend toward digitization and the abandonment of traditional services.

This sound approach is not just about smart applications and digital platforms, but rather represents the launch of an ambitious vision for a more comprehensive and efficient financial future. The traditional banking sector has always been the cornerstone of economies, but for years it has been confined by walls of branches and long bureaucratic wires, which has prevented it from reaching broad segments of society. Obtaining a bank account or a simple loan is an arduous journey, especially in remote areas. Here, the…

The importance of the real revolution of digital banks.

The technology has matured, becoming more secure and safe than ever before thanks to advanced encryption and biometrics. Consumer confidence has matured, as consumers have learned how to manage their daily affairs through their smartphones. More importantly, the urgent need to popularize the concept of the financial citizen, who has the right to save, invest, transfer, and finance with ease and transparency, has matured.

A digital bank, then, is not a luxury, but a strategic necessity. It is the bridge that will allow millions of the “unbanked” to cross into a world of economic opportunity that once seemed out of reach. It is the means by which the small shopkeeper, the woman working from home, the ambitious young man, and the elderly man in a remote village will be brought under the umbrella of the formal financial system. These are not just transactions; they are true empowerment.

Hence the importance of digital banks in achieving financial inclusion.

Digital banks are distinguished by their absence of the huge operating costs of traditional branches. Digital banks can offer their services at highly competitive prices, lower fees, and higher returns on savings, benefiting all customers, especially those with limited income.

The launch of these banks is a clear message of confidence in our economy, our technological capabilities, and our future. It is a declaration that we believe in all our citizens and strive to provide every individual with the tools they need to be an effective part of the economic fabric.

This is not the end of banking as we know it. Rather, it is a new birth—smarter, faster, and closer to the pulse of the people. The financial future begins today, with the push of a button, the touch of a screen. Let us all be the ones who make it happen.

Today comes the Central Bank’s step

The launch of e-wallets is a fundamental prerequisite and an important path to launching digital banks in Iraq. This approach forms part of a broader strategy for digital transformation in the Iraqi banking and financial sector. This step—and I mean the launch of the e-wallet—can be considered preparing the digital infrastructure and developing the payment and financial transfer system in Iraq. These wallets serve as a technical and operational foundation for building integrated digital banking services.

• By enabling transfers between e-wallets and merchants, the Central Bank facilitates the transition to cashless transactions, a necessary step for digital banks that rely entirely on electronic services. This will contribute to enhancing digital financial literacy.

Having secure e-wallet systems in place also makes it easier for future digital banks to comply with regulatory standards without having to build systems from scratch.

All these efforts coincide with the banking sector reform plan launched by the Central Bank, which focuses on enhancing financial inclusion and digital transformation.

(So, Iraq talked about this digital banking before many times this year. Are they going to do it or just print talk about it in the news?)

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BAGHDAD AND WASHINGTON AGREE TO AVOID CONFLICT AND AFFIRM THAT ECONOMIC PARTNERSHIP BUILDS A STRONG GOVERNMENT.

Iraqi Parliament Speaker Mahmoud al-Mashhadani and the new US Chargé d’Affaires in Iraq, Joshua Harris, discussed on Tuesday the importance of sparing the country from regional conflicts, stressing that US investment and economic partnerships must contribute to building a strong government.

This came during Mahmoud Al-Mashhadani’s reception of Joshua Harris at his private office for an official meeting during which views were exchanged and frameworks for strategic cooperation between the two countries were discussed.

He also stressed that “the next phase after the elections requires genuine partnerships to deepen economic and political relations and strengthen Iraq’s sovereignty and national unity, with a focus on government efficiency and the application of the principle of citizenship as the foundation of the development approach.”

For his part, Joshua Harris praised “the sacrifices made by Iraq in defeating terrorism,” stressing that “his country is committed to working side by side with the Iraqi government and people after the upcoming elections.”

He pointed out that “the US-Iraq partnership represents a strategic opportunity to build a new chapter of joint cooperation based on mutual interests and investment in energy issues, including natural gas, diversifying electricity sources, and expanding investment projects in a tangible manner on the ground.”

According to the statement, the two sides also discussed “foreign relations and the importance of sparing Iraq from regional conflicts, emphasizing that American investment and economic partnerships must contribute to building a strong government and a citizen-based state based on competence and national unity, and maintaining security stability, economic prosperity, and good neighborliness.”

The meeting concluded that “achieving these shared visions requires intensive field work and ongoing meetings with the Iraqi government to strengthen bilateral cooperation and establish the foundations for a long-term strategic partnership between Iraq and the United States, based on mutual respect, national sovereignty, and common interest,” according to the statement.

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MAZHAR SALEH: THE ECONOMY IS ACHIEVING POSITIVE INDICATORS WITH A GROWTH RATE OF 5.3% IN 2025.

The financial advisor to the Prime Minister, Mazhar Mohammed Salih, affirmed on Tuesday that the Iraqi economy is going through a pivotal phase that combines positive indicators and promising opportunities with structural challenges that require radical reforms, which the government program is working on with determination and a coherent approach.

He added, “The government has proposed more than 160 investment projects in the electricity, refineries, and ports sectors, reflecting a significant trend toward revitalizing the private sector within the services-oriented government.”

He pointed out that “the economy will continue to need to reaffirm two fundamental paths without interruption:

The first is to continue sustaining infrastructure projects as a lever for growth and the development of direct productive activity.

The second is to activate the strategic partnership with the private sector to lead sustainable development within the social market philosophy, ensuring a high degree of economic diversification, in accordance with the objectives of the National Development Plan 2024-2028 and beyond.”

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TALABANI: THE REGION IS QUALIFIED TO BECOME AN IMPORTANT TRADING PARTNER FOR THE UNITED STATES.

Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, affirmed on Sunday that the Kurdistan Region is qualified to become a major trading partner for the United States in the region.

Talabani said in a statement, a copy of which was received by Al-Masry, that he “discussed with Steve Lutes, Vice President of the US Chamber of Commerce, and his accompanying delegation, in the presence of members of the US-Iraq Economic Council, ways to benefit from modern technology and artificial intelligence in the economic development process in Kurdistan, and to develop trade relations between the region and the United States.”

Talabani emphasized that “strengthening trade relations between Kurdistan and the United States will contribute to achieving the desired goal of transforming Kurdistan into a major economic and technological center in the region in the future,” noting that “Kurdistan offers tremendous opportunities to transform the region into a major trading partner for the United States in the region.”

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STEVE LUTZ: THE KURDISTAN REGION HAS A MORE FAVORABLE ENVIRONMENT FOR INVESTMENT THAN IRAQ

The Vice President of the US Chamber of Commerce said that the support and assistance of the Prime Minister of the Kurdistan Region, its favorable environment, security and economic opportunities have encouraged US investment companies to invest in the Kurdistan Region; “The Kurdistan Region has a more favorable environment for investment than Iraq.

On Monday, September 8, 2025, Steve Lutz, Vice President of the US Chamber of Commerce told Kurdistan24: “We have 30 companies from the United States and we aim to invest in different sectors in the Kurdistan Region and find economic opportunities; Many companies are coming to the Kurdistan Region for the first time in order to get to know the Kurdistan Region better and find new partners.

“We will invest more in the health, tourism and agriculture sectors in the Kurdistan Region because it has a safe, appropriate and secure environment,” he said.

The Vice President of the US Chamber of Commerce said that the priority of the US Chamber of Commerce is to invest in the Kurdistan Region, because the Kurdistan Region has a more favorable environment than Iraq, even the US government targets companies to invest in the region.

“This is the US recognition of the Kurdistan Region. Prime Minister Masrour Barzani has previously said that there are unique opportunities in the energy sector in the Kurdistan Region and expressed his readiness to assist US companies to diversify the Kurdistan Region’s economy,” he said.

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US HOUSE OF REPRESENTATIVES ENDS WAR AUTHORIZATIONS FOR IRAQ AND THE GULF

The US House of Representatives passed the National Defense Authorization Act, which sets military policies and provides funding for the military, after a key amendment repealing the war authorizations for Iraq and the Gulf, in a vote that sparked widespread controversy between Democrats and Republicans.

The vote was 231 to 196, with four Republicans opposed and 17 Democrats joining the Republicans in favor of the legislation. The amendment includes repealing the 2002 Iraq War Authorization and the 1991 Gulf War Authorization, while also including measures that make it more difficult for presidents to circumvent Congress to make military decisions.

The House of Representatives voted 261-167 to repeal these authorizations, with the support of all Democrats and 49 Republicans, representing about one-fifth of the GOP. The use of these authorizations by US presidents has been criticized in the past, as they grant them the authority to launch military operations without a formal declaration of war.

These authorizations have been used on several occasions, most notably the January 2020 US airstrike that killed Iranian Quds Force commander Qassem Soleimani. Former President Donald Trump relied on the 2002 authorization to justify the operation in Iraq.

Analysts point out that this decision comes after a dispute within the Republican Party, as three members of the Freedom Caucus voted in favor of an amendment introduced by Democratic Representative Jim McGovern to allow it to be brought to a vote, reflecting divisions within the party over issues of military force and presidential powers.

A bill to repeal the 2002 authorization passed the House of Representatives in 2021 and was approved by the Senate in 2023, repealing both the 2002 and 1991 authorizations. This comes as part of the $892.6 billion National Defense Authorization Act, which contains other controversial amendments, including restrictions on the Department of Defense’s coverage of gender-affirming health care.

This time, there are broader disagreements over the nature of the amendments included in the legislation, after senior Democrats threatened to oppose the law if Republicans insisted on including controversial amendments, which would have forced the GOP to pass the bill without Democratic support.

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AMERICAN ORGANIZATION: AL-SUDANI HAS AN OPPORTUNITY TO REDUCE IRANIAN INFLUENCE AND IMPROVE RELATIONS WITH WASHINGTON

The American organization Defending Democracy announced in a report published today, Thursday (September 11, 2025), that Prime Minister Mohammed Shia al-Sudani has an “opportunity” to reduce Iranian influence in Iraq and restore relations with the United States to normal.

The organization said, according to what was translated by “Baghdad Today,” that after Al-Sudani announced the formation of a committee to investigate the smuggling of Iranian oil through mixing it with Iraqi oil, he is now obligated to “investigate in a fair and impartial manner, announce the results, and take urgent measures to prevent smuggling based on them.” The organization stressed that “the investigative committees previously formed by the Iraqi government regarding Iranian activities did not announce realistic results,” describing those committees as “toothless.”

The organization called on the US government to “officially inform al-Sudani” that the established investigative committee represents an “opportunity” to end “Iran’s illegal activities in Iraq” and restore relations between the two countries to normal after their recent volatility. The organization emphasized that it is in the United States’ interest to end Iran’s “sanctions evasion” through Iraq.

The organization noted that “Iran has managed to ‘invent’ routes to smuggle oil through Iraq using ‘Iraqi businesses and companies, Iranian-backed armed militias, and even Iraqi government officials,’ generating approximately $3 billion in annual revenues, making the work of the committee formed by al-Sudani ‘sensitive.'”

The organization described the current US policy as treating the Iraqi government as “part of the maximum pressure policy on Iran,” emphasizing the need for “the Sudanese government to seize this opportunity to reduce Iranian influence and improve its relationship with the United States, and not repeat history by forming investigative committees that fail to reach results or hold officials accountable.”

It’s worth noting that “the US government announced last March the imposition of sanctions on Iraqi figures accused of working to smuggle Iranian oil using official Iraqi documents, which led to “accusations against Iraqi officials of complicity in issuing these official documents,” according to the statement.

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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 9, 2025 Edition Mnt Goat Latest Newsletter

ABOUT THE NEWSLETTER:

September 9, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today. Let’s buckle down and enjoy all the news…. again.

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.

Let’s all try to chip in!

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Proverbs 11:24-25:

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

More news….

AL-SUDANI DECLARES WAR ON OIL MAFIAS.. A HIGH-LEVEL INVESTIGATIVE COMMITTEE TO PURSUE CORRUPTION AND STOP THE ECONOMIC BLEEDING.

Prime Minister Mohammed Shia al-Sudani ordered the formation of a high-level investigative committee on Saturday to investigate suspicions of smuggling Iraqi oil.

His office said in a statement received by Al-Mada that “Prime Minister Mohammed Shia al-Sudani has directed the formation of a high-level investigative committee from relevant authorities to investigate information received about suspicions of corruption in the mixing and smuggling of crude oil and petroleum products, whether in Iraqi ports or within territorial waters.”

Al-Sudani stressed “the need to avoid complacency in this matter, and that the committee will submit its recommendations, after completing the investigations, to the Council of Ministers to take appropriate measures in accordance with the law, ensuring support for the national economy and the protection of public funds.”

More news….

ARAQCHI: IRAN AGREES TO ENRICHMENT RESTRICTIONS IN EXCHANGE FOR LIFTING SANCTIONS

Iranian Foreign Minister Abbas Araqchi confirmed in an article published in the British newspaper The Guardian, that Tehran is ready to reach a “real agreement” that includes restrictions on uranium enrichment in exchange for the lifting of Western sanctions imposed on it.

Araghchi stressed that missing this “brief opportunity” could have dire consequences for the region and the world, calling for giving diplomacy sufficient time to achieve satisfactory results.

In another part of his article, the Iranian foreign minister referred to his country’s military capabilities, saying that the Iranian armed forces “are capable of defeating Israel,” and that the latter “will have to seek aid from the United States.”

Araghchi explained that Iran does not seek escalation, but at the same time, it will not compromise in defending its sovereignty, warning that the alternative to a diplomatic path would be further tension and instability in the Middle East.

(Oh…Iran speaks nothing of its terrorist activities. I think we should not agree with this proposal and tighten even the sanctions. Iran is ready to fall and it would be the best thing for the entire world.)

STATUS OF THE RV

The clock in ticking Tic Toc for Iraq to resolve the issues that the US has stated many times to them. Let’s not lose sight of past news to see the current progress. I have an archive that can help refresh everyone’s memory. This is an ongoing RV saga.

The CBI, through my contact, has told me that they are moving ahead with the Project to Delete the Zeros, under the assumption that these issues will all be resolved. Personally, I don’t believe they all will be resolved in time for January 2026 reinstatement but that is my opinion and I hate to give opinions but I base this on the sloooooow past performance of Iraq. But remember too that negotiations happen on many fronts and so if Iraq does not perform on all of these issues, the US may consider the priorities higher on their list than others. I will leave it at that….

WOW! WOW! WOW! Iraq is quickly heading to a financial superpower. Please take peak at the article titled “IRAQ’S NON-OIL REVENUES JUMP TO 7 TRILLION DINARS THANKS TO REFORMS.” So, we have read past articles and witnessed all the efforts that Iraq has taken in reforms in all areas of banking, financial and the economy. This is how they got where they are today. This has been an uphill battle. I also do not want to exclude the efforts to overcome the corruption and money laundering to Iran. Remember also that this was money lost from Iraq that could have been used to rebuild the economy and implement many of the projects we now see in motion, except that funding is needed.

In today’s news we learn of just what the increase in revenue streams so far are from the diversification of the economy away from just the oil revenues. Again, remember diversification does not replace oil revenues but adds to them. This is remarkable that Iraq can come this far so quickly and the Development Road Project is not even fully implemented. Also, these additional funds from Customs and Tariffs are being settled now as I write the Newsletter, at least we hope. I will remind everyone that this revenue alone is said could rival the oil revenue, but it has to be managed and placed in the federal coffers for all of Iraq not just Kurdistan region to use. But I also want to be fair in that Kurdistan implements institutions that generate these revenue streams and so the Baghdad government must also consider this in negotiations. Please refer to these articles titled “BAGHDAD REFUSES TO SIGN A TRIPARTITE AGREEMENT REGARDING THE PAYMENT OF $16 TO OIL COMPANIES.” If you call from my 09/02 Newsletter Iraq talked about Two Kurdish delegations scheduled to visit Baghdad that week to reach an agreement on oil, domestic revenue and salaries in the coming months. Preparations were underway for a tripartite agreement. Well… the result was the agreement DID NOT take place and so we get this news today. Don’t worry its still all good…

The Iraqi Ministry of Oil has so far refused to sign a tripartite agreement with the Ministry of Natural Resources and oil companies operating in the Kurdistan Region regarding the payment of the $16 per barrel allocated for oil production and transportation costs for a specified period. However there is another agreement under proposal. This is expected to be approved today. Please see article titled “ERBIL PRESENTS A NEW PROPOSAL TO BAGHDAD REGARDING NON-OIL REVENUES.” The Kurdistan Region has submitted a new proposal to the federal Ministry of Finance regarding non-oil revenues, expected to reach 100 billion dinars. Non-oil revenues are one of the main obstacles to an agreement between Erbil and Baghdad on salaries and the budget.The new proposal calls for the Kurdistan Regional Government (KRG) to hand over 50% of fees collected by federal institutions and agencies to the federal Ministry of Finance. These fees include fees for passport and national ID directorates, border crossings, and a number of other institutions. Why not 100%? Kurdistan does have expenses in the operation of these institutions and agencies. Is 50% too much? They will have to show proof of expenses. I wanted also to point out they are telling us this part of non-oil revenues are expected to reach 100 billion dinars, so we get a peak as the $$ for a start of these types on non-oil revenues.

You might also want to read another article on this topic titled “MASROUR BARZANI: WE ARE CLOSE TO A FINAL UNDERSTANDING WITH BAGHDAD REGARDING NON-OIL REVENUES.” Kurdistan Regional Government Prime Minister Masrour Barzani indicated on Tuesday (September 9, 2025) that talks with the federal government regarding non-oil revenues have reached their final stages, stressing that there is hope for reaching solutions soon despite repeated obstacles.

Okay so I just presented three more articles today on this topic of finding a settlement between Kurdistan and Baghdad for getting the HCL. Remember we can’t exclude the foreign oil companies that drill and pipe the oil to the ports in this mix. They too must get paid. So, this $$ must come from somewhere, but how much? We find the proposal at $16 a barrel for processing in one of the agreements.

What I am really driving at today and hope you can understand is these are all the details that will lead to finally settling the Oil and Gas law. Remember the US has stated this is on the list of one of the issues that must be resolved. This is a critical issue and must not be overlooked moving forward.

What else is in the news….

In the article titled “GOVERNMENT ADVISOR: LINKING AL-FAW PORT WITH OMANI PORTS WILL ENHANCE IRAQ’S REGIONAL AND INTERNATIONAL STANDING” we learn that the Prime Minister’s Financial Advisor, Mazhar Mohammed Salih, affirmed on, Saturday, that the agreements concluded with Oman represent a roadmap for greater openness at the Arab and regional levels, noting that they will open the doors to partnerships with Gulf countries and international seaports. I don’t know about you but when we see this kind of news we must realize Iraq is slowly chipping away at setting themselves up for huge revenue streams. Remember the saying “that bullshit walks and money talks”? Well why would the WTO get involved with Iraq if not vast potential for trade. They mention “international standing”. What does this mean as Iraq is not yet international? But remember they already sell oil on the international market. What we are waiting for now mostly in the release of the dinar back on the international currency markets. The liberalization of the dinar. This is all part of it. This is also part of piecing together the Oil and Gas Law.

Then we read again in article titled “THE PRESIDENT OF THE REPUBLIC: IT IS NECESSARY TO ESTABLISH A SOVEREIGN FUND FROM OIL AND GAS REVENUES”

The Iraq president Rashid stressed on Saturday the need to establish a sovereign fund from oil and gas revenues, as they belong to current and future generations. If you recall Iraq already talked about proposals to establish this fund but I don’t think the US is going to release the DFI funds anytime near. Okay now so let me explain something and put it into perspective for you today about any sovereign fund for Iraq. They have not come out and told this yet, but they will.

They will be shortly talking about what to do with all this access revenues from non-oil streams not oil revenues (at least for now). Since the petro-dollar is still in effect and thus oil revenues still go directly into the DFI fund, this is like an escrow account that does not generate any interest for Iraq. it is sad that nearly 110 billion dollars does not generate any income for Iraq. But let’s move on toa futuristic upcoming proposed of a sovereign fund and why this is important. This is important because these additional non-oil revenues do not go to the DFI fund today. Can you see it yet?

Can you see now that Iraq can generate massive investment streams from these non-oil revenues but there is a hitch. They must learn to budget off the oil revenues and let the non-oil revenues pile up. When they do pile up, and they will, they need to find safe havens of investment for this money. Then use the revenues generated for their future projects. If they can have the discipline, they can be filthy rich. By the time this happens the reinstatement will be completed already and so we might now be paying much attentions anyway to the news. All I can we all now see the massive wealth for Iraq, an investors paradise for the US companies. Iraq is honestly just beginning. So when I see articles like this one it is all telling of many stories. We must THINK about what is going on in the greater context and in the long run.

So, now is a very current article that really gets my Goat titled “AL-SUDANI: IRAQ HAS OVERCOME ALL CHALLENGES AND TODAY REPRESENTS A FUNDAMENTAL PILLAR OF SECURITY AND STABILITY IN THE REGION” in it we find that Prime Minister al-Sudani affirmed on Monday that Iraq has overcome all challenges and is today a fundamental pillar of security and stability in the region . His office stated in a statement received by the Mail that “Al-Sudani met, in the Belgian capital, Brussels, with NATO Secretary General Mark Rutte, during which bilateral relations between Iraq and the NATO mission in Iraq were discussed .” I have to wonder if this is just lip service. Okay Ali Al-Ala then where is the Project to Delete the Zeros then. Didn’t you tell us the Iraq needed security and stability. So, why does this get my Goat? They are now telling once again they have both, as they have many times already and so where in hell is the reinstatement then? What is holding it up?

Certainly, we can clearly see it is not the CBI but some other factor to consider to get the release of the dinar. How many times have we already heard this from Mr. Alaq? So today, let’s go back in time and read one of the CBI articles from September 23, 2024 on this subject matter, just about a year ago. What does it say. I have highlighted the parts we have witnessed since and put in a few of my own comments. These are obviously all concerns for the CBI had back then before conducting the project to delete the zeros. It was much more info that they ever gave us before. In another article from September 24, 2024, a day after, the CBI also told us back then and I quote “Earlier this year, the Iraqi federal government decided to postpone a plan to remove three zeros from the nominal value of its currency notes, citing that the current economic climate was not suitable.”

“Last year, the central bank indicated plans to redenominate the Iraqi dinar to simplify financial transactions in an economy that remains heavily centralized and oil-dominated, where deals are often conducted in cash.” So they are talking about September 2023 and 2024. Again and again always in September. Yes, it is September now…..Why does September always creep up with this news? Remember that in Dr Shabibi’s plan in 2012 he told us that in September 2012 they would begin the process of rolling out the coins and lower denominations. I am being told that we can expect news from the CBI this year in September telling us they are going ahead with the Project not postponing it again. The news will tell us all the progress that was necessary and why they decided to move ahead now – per my CBI contact.

In the past article (about a year ago) titled “AL-ALAQ: WE ARE CONSTANTLY REVIEWING THE DELETION OF ZEROS FROM THE DINAR, AND THERE ARE NO RESTRICTIONS ON OUR BALANCES IN AMERICA”. So, let’s dive deeper into this article and see the CBI views a year ago and their expectations at that time compared to the accomplishments thus far since. If you read below you will see that this article ties together the redenomination to the revaluation we expect will happen. See it? This is proof of what I keep telling you that two events are interconnected (Project to Delete the Zeros to the Reinstatement). Do you think they are now ready to conduct the Project to Delete the Zeros? Do you believe it will now finally happen?

So here is the content of the past article. Remember this is dated 9/23/24:

The Central Bank of Iraq has reduced reliance on the US dollar in commercial transactions, according to the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, adding that the project to remove zeros in Iraq is under continuous review and study at the bank.

Countries remove zeros from their currency to revalue their national currency and simplify financial transactions. This is done by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationary and more stable.

Al-Alaq confirmed, in an extensive interview with Al Jazeera Net, which was reviewed by “Al-Eqtisad News”, that the Central Bank responded to global economic challenges, such as rising energy and raw material prices, by amending some monetary policies in line with the international situation and to enhance confidence in the Iraqi dinar and prevent a sharp decline in its value.

He also stressed that the Central Bank of Iraq increased its holdings of foreign exchange and gold reserves to strengthen the country’s financial position and financial stability in order to enhance its ability to confront potential economic crises. These are the details of the dialogue:

What steps have you taken to address the crisis of the dollar’s rise against the Iraqi dinar and reduce the gap between the official price and the black market price?

The Central Bank of Iraq has created new mechanisms to cover the accounts of local banks with their senders in other currencies (Chinese yuan, Indian rupee, euro and UAE dirham) in addition to the dollar, which has reduced reliance on the US currency in commercial transactions for the clients of these banks, as the Central Bank seeks to withdraw excess liquidity in the economy that puts pressure on the exchange rate and to prevent the exported currency from growing in an undesirable manner.

What is the status of the country’s foreign reserves?

Foreign exchange reserves are the tool used by all central banks to maintain the stability of the local currency exchange rate against foreign currencies, as well as to reduce exposure to external crises by maintaining liquidity in foreign currency to absorb shocks in times of crisis. (So, to me Alaq is saying higher “sustainable” reserves create higher stability in the currency of a country. They need stability to move ahead with the project)

The Central Bank of Iraq has a level of reserves that enables it to achieve this stability and provides it with sufficient flexibility to meet the demand for foreign currencies to meet the requirements of the balance of payments and other obligations.

According to the latest data on the level of foreign reserves adequacy, the foreign reserves of the Central Bank of Iraq cover 83.62% of the broad money supply, i.e. covering the cost of importing 15 months, while the global standard rate is 20%, covering 6 months of importing. (What more do you want to hear? WOW!)

However, foreign reserves management faces global and local challenges according to the economic nature of each country and the economic and geopolitical conditions it is going through.

What are the most prominent contributions of the Central Bank of Iraq in supporting the Iraqi economy?

The Central Bank responded to global economic challenges, such as rising energy and raw material prices, by adjusting some monetary policies in line with the international situation and to enhance confidence in the Iraqi dinar and prevent a sharp decline in its value. The Central Bank raised interest rates to counter inflationary pressures resulting from changes in global prices and domestic demand, and issued new instructions to Iraqi banks to control cash liquidity.

The Central Bank of Iraq has increased its holdings of foreign exchange reserves and gold to strengthen the country’s financial position and financial stability.

The bank also launched programs and initiatives aimed at increasing financial inclusion, including enhancing the spread of digital banks and online financial services, in addition to the Central Bank of Iraq’s contribution to sustainable development.

It also played an important role in financing economic and development projects by providing soft loans and special financing programs aimed at supporting productive sectors while continuing to finance small and medium enterprises.

Article Ends

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So, in conclusion to today’s news I want to add that there is no ending point to the generation of wealth for Iraq. It is going to be ongoing and will increase further way after we are out of this investment. My point is this – at what point will the CBI be ready and can they get the IMF, US and World Bank to go along with them to release the reinstatement. I believe the CBI is ready now but now must convince the other entities to go along with their plan. If so, then they will begin the process and start the Project to Delete the Zeros following by the reinstatement, if all goes well with the redenomination. So, we sit and wait is all we can do.

Oh…. We can also PRAY, PRAY and PRAY some more for the people of Iraq that God will let this abundance and prosperity reach them and so we are the byproduct of it all, as long-term investors. After all this not greed but fair for us too. As investors in the dinar, we are all partly responsible for helping to save the country and the people of Iraq and should be VERY proud of ourselves. God now needs to reward us too 7 X. Our God is a fair God.

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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:

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? June has been amazing too as promised. Was He lying to us? Here comes the indictments.

Prophetic Words from prophet: Hank Kunneman

“President Trump, America & The Golden Age”

You can start watching the video at the 15:48 mark. Please pay VERY close attention to what is said in both physical terms and spiritual terms.

How will the U.S. get back to the GOLD standard? This will mean getting off the dollar as the global media of exchange, or will it?

You may want to take a look at this recent news and how it all fits in to the prophecies. Could this really happen?

click on the GOLD to watch the video.

Prophetic Words from prophet: Julie Green

“COVID KILLED MANY AROUND THE WORLD AND JUSTICE IS COMING”

You can start watching the video at the 18:57 mark.

To me justice means some one or some group or organizations are going to be exposed and indicted. Yes, pay the price for what they did to us over COVID. Some will go to jail for what they have done. How much longer must we kick the can down the road from Covid before we see justice? We are frustrated as it has been 5 years already since the pandemic and yet no one has gone to jail for what they have done. Now God is telling us it is coming and be patient. He will bring justice to this event.

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

GOING BACK IN TIME

DO YOU LIVE IN NEW ENGLAND?

This one strikes close to home…. this could be your own neighborhood.

ISLAMOPHOBIA OR JUSTIFIED FEAR?

Are they any better off today? Oh… but they don’t care as long as Israel is destroyed. Again, it always goes back to destroying Israel.

This Palestinian propaganda has to stop! The TRUTH needs to get out.

Why are all these terrorist organizations springing up in the first place?

SPEAKING OF ISLAM.

I will leave the rest to the video. You can start watching the video at the 27:54 mark.

THE DIEHARD MUSLIMS IN THE UK: Where does our fear come from?

I don’t know about you but just looking at them is scary stuff…. Come on ladies, give it a break and fight for your rights, you saps!

THIS IS A GLOBAL CONSPIRACY

It is evident by the picture below that this video is about REFORM. But what reform am I talking about and why is it necessary in the UK and other countries?

What can you as a citizen do about it?

God has told us it will be His hand that will be instrumental in taking back out nations. Now we see the UK revolution beginning. Hey…this looks like a Trump rally to me… LOL..

Pay close attention to the issues! It’s all about the issues which are the narratives forced upon us. WOW! WOW! WOW!

COMPLETE PSYCHO MELTDOWN

They think they are gaining support by these rants? In reality more and more are waking up as a result. They are not doing the party any favors.

How do these people even get voted in the first place. Are Americans that dumb?

GOVERNMENT ADVISOR: LINKING AL-FAW PORT WITH OMANI PORTS WILL ENHANCE IRAQ’S REGIONAL AND INTERNATIONAL STANDING.

The Prime Minister’s Financial Advisor, Mazhar Mohammed Salih, affirmed today, Saturday, that the agreements concluded with Oman represent a roadmap for greater openness at the Arab and regional levels, noting that they will open the doors to partnerships with Gulf countries and international seaports.

Salih told the Iraqi News Agency (INA): “The memoranda of understanding signed by Prime Minister Mohammed Shia Al-Sudani during his recent visit to the sisterly Sultanate of Oman represent a pillar of cooperation between two important Gulf countries on both sides of the Gulf. These memoranda are not just official papers, but rather a roadmap towards an Iraq that is more open to its Arab and regional surroundings, more capable of attracting investments and achieving sustainable development, and represents a strategic step towards repositioning Iraq economically and regionally.”

He added, “Iraq seeks to expand its economic relations beyond the traditional framework, as the memoranda of understanding with the Sultanate of Oman in particular open the door to partnerships with a Gulf country with a strategic location and advanced international seaports, especially logistical connectivity through the Development Road project.”
He continued, “Linking the Grand Faw Port with the Sultanate of Oman’s ports through the Development Road Project will create a trade corridor linking the Gulf with Turkey and Europe, strengthening Iraq’s position as a regional and international transit hub and expanding trade between the two countries.”

He added, “The signed memoranda of understanding cover other critical areas such as the capital market, industry, energy, and tourism. These sectors could serve as a gateway to broader cooperation with Gulf countries that possess advanced expertise in these sectors. This is in addition to preventing double taxation between the two brotherly countries, to prevent tax evasion on income and capital. This will encourage Omani and Iraqi investors to invest capital without fear of tax complications.”

He pointed out that a memorandum of understanding was also signed between the Federation of Iraqi Chambers of Commerce and the Oman Chamber of Commerce and Industry, strengthening the role of the private sector in leading economic cooperation in a free market environment. This will also establish strategic projects in the energy and logistics sectors. The agreement between the two countries will include the construction of an oil storage facility with a capacity of 10 million barrels in the Omani port of Duqm, an important step towards establishing a robust regional infrastructure in the energy and transportation sectors.”

He continued, “This file will enable Iraq to access Asian and African markets more easily, and strengthen its position as a major transit point. It will also launch a follow-up mechanism through the formation of a joint committee, such as the Omani-Iraqi Council, to monitor implementation. This confirms the seriousness in transforming plans into a tangible reality.”
He added, “More than 24 memoranda of understanding have been signed, covering various vital sectors such as energy, raw materials, tourism, communications, infrastructure, smart cities, manufacturing, financial services, and capital markets.”

He explained that “the memoranda also included cooperation in the legal fields, education, scientific research, intellectual property, urban recovery, and the defense sector,” noting that “the Omani investment market indicates a significant presence of the Iraqi private sector, as the number of Iraqi companies currently investing in the Sultanate of Oman has reached approximately 1,304 companies with a total capital of approximately 94.3 million Omani riyals, representing 68.2% of foreign investment there. Relations between the two private sectors also indicate prosperity, and Omanis see Iraq as an attractive market and an important opportunity to benefit from the renewed infrastructure and free zones for investment and trade.”

He pointed out that “trade exchange between the two brotherly countries jumped by 30% in 2024 compared to 2023, reaching approximately $779 million, and in the first half of 2025 it increased to $622 million.”

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THE PRESIDENT OF THE REPUBLIC: IT IS NECESSARY TO ESTABLISH A SOVEREIGN FUND FROM OIL AND GAS REVENUES

President Abdel Latif Jamal Rashid stressed on Saturday the need to establish a sovereign fund from oil and gas revenues, as they belong to current and future generations.

The Presidency of the Republic said in a statement received by ( IQ ), “President of the Republic Abdul Latif Jamal Rashid received at the Peace Palace in Baghdad a delegation of participants in the Baghdad International Energy Forum, which included the Secretary-General of OPEC, Haitham Faisal Rashid, the Minister of Oil and Gas in the Libyan Government of National Unity, Khalifa Rajab Muhammad Abdul Sadiq, the First Undersecretary of the Ministry of Production – Egyptian Ministry of Petroleum, Ihab Rajai, and the Undersecretary of the Turkish Minister of Energy and Natural Resources, Ahmet Barat Chonkar, in the presence of the Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani .”

He added, “At the beginning of the meeting, the President welcomed the delegation and pointed out Iraq’s keenness to advance the national

energy sector and its efforts to enhance constructive partnerships with its regional and international surroundings in a way that serves the aspirations of peoples for progress and stability

.”

The President of the Republic explained, according to the statement, that “Iraq, based on its strategic location and diverse wealth, is capable of investing in available natural resources and adopting sustainable solutions, in addition to its role as a pivotal partner in the transition to a green economy and the move towards the use of renewable energy .”

Rashid pointed out that “Iraq is experiencing a state of security and stability after decades of war, terrorism, and the problems the country has been suffering from,” emphasizing “the importance of investing in the oil sector, as this phase represents the beginning of real investment, and the necessity of establishing a sovereign fund from oil and gas revenues, as they belong to current and future generations.

He stressed that “holding the forum is a promising step to highlight Iraq’s pioneering role in the energy sector,” noting that “success in this field will contribute to formulating new visions for energy policies and expand the horizons of cooperation with international companies to invest in the Iraqi market.” He wished the Baghdad Forum success, and the participants good luck in reaching decisions that serve the development of the energy sector, achieve national interests, and meet the aspirations of the people .

In turn, the delegation members expressed, according to the statement, “their sincere desire to deepen the positive relationship with Iraq to include all sectors .”

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BAGHDAD REFUSES TO SIGN A TRIPARTITE AGREEMENT REGARDING THE PAYMENT OF $16 TO OIL COMPANIES.

According to information obtained by Rudaw Media Network from a source familiar with the ongoing talks between oil companies, the Kurdistan Regional Government’s Ministry of Natural Resources, and the Iraqi Ministry of Oil, the Ministry of Oil has not yet agreed to sign the tripartite agreement to grant companies $16 per barrel of oil for export.

An official at one of the oil companies told Rudaw, “The Ministry of Oil wants to evade this responsibility, claiming that the contracts are concluded with the Kurdistan Region and not with them (the companies), and it indicates that amending the budget law guarantees the payment of this amount.”

The amendment to the budget law, passed by the Iraqi Parliament last February, set the cost of extracting and transporting each barrel of oil from Kurdistan at $16 for a period of 60 days. A specialized international technical advisory body, appointed by the federal Ministry of Oil in agreement with the Ministry of Natural Resources in the Kurdistan Region, will “calculate the fair estimated costs of production and transport for each field separately.”

According to the official, the Iraqi Ministry of Oil believes there is a need to review the companies’ contracts to ensure they are consistent with the legal basis for its oil contracts, should this agreement be signed.

He pointed out that “the agreement that oil companies are seeking to sign with Baghdad to grant the $16 is for only 90 days, until the consulting firm’s work is completed,” and that the companies do not know who they will sue if the amount is not paid within this period, “unless there is a written agreement to pay the amount.”

According to the Iraqi Cabinet’s decision on the agreement with Erbil, 230,000 barrels of oil per day must be delivered to the State Oil Marketing Organization (SOMO), while another 50,000 barrels are allocated for domestic consumption in the Kurdistan Region.

Last August, the Kurdistan Regional Government’s Ministry of Natural Resources announced an agreement with the Iraqi Ministry of Oil regarding a mechanism for resuming the region’s oil exports. This agreement followed a series of meetings and field visits to oil fields that lasted for nearly a month.

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ERBIL PRESENTS A NEW PROPOSAL TO BAGHDAD REGARDING NON-OIL REVENUES.

The Kurdistan Region has submitted a new proposal to the federal Ministry of Finance regarding non-oil revenues, expected to reach 100 billion dinars.

Non-oil revenues are one of the main obstacles to an agreement between Erbil and Baghdad on salaries and the budget.

The new proposal calls for the Kurdistan Regional Government (KRG) to hand over 50% of fees collected by federal institutions and agencies to the federal Ministry of Finance. These fees include fees for passport and national ID directorates, border crossings, and a number of other institutions.

Previously, both sides claimed 100% of the fees collected by these institutions, while the federal Ministry of Finance demanded all fees collected in the Kurdistan Region.

A source familiar with the matter in the Kurdistan Region told Rudaw Media Network, “Under this proposal, it is highly expected that the amount of non-oil revenues that the Kurdistan Region hands over monthly to the federal Ministry of Finance will increase from 60-70 billion dinars to 100 billion.”

This comes as the federal Ministry of Finance, based on the 2024 revenue report, projects more than 180 billion dinars in revenue from the Kurdistan Region.

According to two official sources in Erbil and Baghdad, the new Kurdistan Region proposal has been submitted to the legal advisor to the Iraqi Prime Minister and is scheduled to be presented in a report to Mohammed Shia al-Sudani. A decision on the proposal is expected to be issued at the next meeting of the federal Iraqi Council of Ministers.

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MASROUR BARZANI: WE ARE CLOSE TO A FINAL UNDERSTANDING WITH BAGHDAD REGARDING NON-OIL REVENUES.

Kurdistan Regional Government Prime Minister Masrour Barzani indicated on Tuesday (September 9, 2025) that talks with the federal government regarding non-oil revenues have reached their final stages, stressing that there is hope for reaching solutions soon despite repeated obstacles.

“We hope to reach solutions to the outstanding issues as soon as possible, but we always face new obstacles from the federal government,” Barzani said in a statement to Kurdish media outlets, followed by “Baghdad Today,” during the opening of the investment exhibition in Erbil. “For our part, we have always tried to be patient in finding solutions, because what matters most to us is the comfort and happiness of the citizens of the Kurdistan Region.”

He added, “We are currently in ongoing talks with the federal government. We have reached the final stage of an agreement on non-oil revenues. As for oil exports, the Kurdistan Region has no issues with the production companies or the federal government. It is a point of contention between the companies and the federal government. The companies are now requesting guarantees to continue fulfilling their financial dues.”

Non-oil revenues have been a major bone of contention between Baghdad and Erbil for years. The federal government is demanding that the region’s non-oil revenues (border crossings, taxes, and customs) be subject to a unified system to ensure financial fairness, while the region insists on its own financial management.

The federal government had stipulated in the three-year budget law (2023-2025) that the region hand over all of its non-oil revenues to the central treasury in exchange for a guaranteed 12.6% share of the budget, which generated repeated tensions due to mutual accusations of non-compliance.

Regarding the oil issue, the region’s oil exports via Turkey have been halted since March 2023 by an international court ruling. This has inflicted significant financial losses on the region and opened a new chapter in the dispute over the mechanism for settling the dues of oil companies operating in Kurdistan.

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AL-SUDANI: IRAQ HAS OVERCOME ALL CHALLENGES AND TODAY REPRESENTS A FUNDAMENTAL PILLAR OF SECURITY AND STABILITY IN THE REGION.

Prime Minister Mohammed Shia al-Sudani affirmed on Monday that Iraq has overcome all challenges and is today a fundamental pillar of security and stability in the region .

His office stated in a statement received by the Mail that “Al-Sudani met, in the Belgian capital, Brussels, with NATO Secretary General Mark Rutte, during which bilateral relations between Iraq and the NATO mission in Iraq were discussed .”

He stressed that “social cohesion in Iraq is its strength,” emphasizing “the need for the international community to play its role in stopping the war in the region and the grave violations being committed in Gaza .”

For his part, Rutte expressed his “appreciation for Iraq’s role in stabilizing security in the region,” praising the “significant shift in the management of all issues during the current government’s tenure .” He praised the “great support that NATO’s mission in Iraq receives .”

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IRAQ’S NON-OIL REVENUES JUMP TO 7 TRILLION DINARS THANKS TO REFORMS.

The Prime Minister’s Advisor for Economic and Financial Affairs, Mazhar Mohammed Salih, announced a significant jump in Iraq’s non-oil revenues this year, thanks to the reform packages adopted by the government.

Saleh explained in a statement to the official newspaper, which was followed by Al-Mustaqilla, that non-oil revenues increased from 420 billion dinars in the first half of 2023 to more than 7 trillion dinars in 2024. He pointed out that this growth was the result of implementing eight reform packages that included expanding the tax base, activating digital governance, and developing electronic payment mechanisms, which contributed to reducing the shadow economy and enhancing the transparency of financial performance.

He added that the three-year general budget law increased the contribution of non-oil revenues to approximately 20% of total revenues, an important step toward reducing dependence on oil as the primary source of economic revenue.

Saleh explained that these reforms were not limited to the financial aspect alone, but also included strengthening partnerships with the private sector and supporting youth entrepreneurship through the launch of the Riyada Bank, which aims to finance productive projects and encourage innovation.

Experts believe that these indicators represent a strategic shift in the structure of the Iraqi economy, particularly as the government seeks to diversify sources of income and promote sustainable development, independent of the fluctuations in global oil markets.

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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 2, 2025 Edition Mnt Goat Latest Newsletter

ABOUT THE NEWSLETTER:

September 2, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today. Let’s buckle down and enjoy all the news…. again.

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Let’s all try to chip in!

____________________________________

Matthew 10:8

“Freely you have received; freely give”.

More news….

ISLAMIC REPUBLIC CLOSE TO COLLAPSE IN IRAN, CIVIL WAR POSSIBLE: REPORT

By Chris Harris

The Islamic Republic is facing collapse, indicates the report, issued by UK-based Henry Jackson Society, as the UN accuses Tehran of executing nearly 900 people “as a tool of intimidation.” The winds of change could soon blow on Iran, according to a new report.

The Islamic Republic is facing collapse, indicates the report, issued by UK-based Henry Jackson Society this week, as the UN accuses Tehran of executing nearly 900 people already this year “as a tool of intimidation.”

If the Islamic Republic falls, “there is a danger that regime collapse could lead to a vacuum of governance that is accompanied by civil war,” according to the findings.

“This is an outcome that must be avoided at all costs for the Iranian people, and every step must therefore be made to ensure that any transition is quick and painless,” it added.

The current Iranian regime “remains wedded to the Iranian revolution,” according to the report. It added that the Ayatollah’s regime is committed to “reconstituting its nuclear program and exporting terrorism both regionally and internationally makes it an ongoing danger to the West.”

Targeted attacks launched by Israel with the US in June on Iranian nuclear sites “set back the regime,” the report said, but “it has not eliminated the strategic and security threats posed by the regime.” It appears to support the Iranian opposition instead, as it is “culturally liberal and yearns for freedom,” but concedes the Islamic Republic’s “ability to coopt and quell the opposition creates for itself greater risk as cultural opposition and economic discontent inform one another.

More news….

ECONOMIST: IRAQ ENJOYS FINANCIAL STABILITY THANKS TO THE CENTRAL BANK’S RESERVES.

Economic advisor, Mazhar Mohammed Saleh, confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have yet emerged, despite the external challenges and geopolitical shocks facing the world.

(Said needed STABILITY and SECURITY to conduct the Project to Delete the Zeros and so they are telling us they have it now.)

Saleh told Al-Maalouma that “financial concerns are mainly due to the repercussions of external shocks such as trade wars and energy price fluctuations, but Iraq has proven its resilience thanks to the Central Bank’s foreign currency reserves.”

He added that “monetary policy plays a pivotal role in stimulating the domestic financing market and supporting public liquidity, ensuring the implementation of government development programs and infrastructure projects, which is directly reflected in stimulating the labor market and enhancing economic activity.”

He pointed out that “the strong coordination between fiscal and monetary policies dispels any fears of recession and even enhances the sustainability of economic stability, in light of low inflation and unemployment rates, high growth rates, and the launch of the social market strategy that balances protecting livelihoods and supporting investment and reconstruction.”

STATUS OF THE RV

WELCOME to September! Yes. It’s almost Oktoberfest 2025 time in Germany. Where did the summer go? There are so many smiley faces in the news today. It is all wonderful news.

I also want to remind everyone that appreciation for all my hard work in reporting on the news is necessary to keep the Newsletter alive. My blog gets about 10,000 hits or more a month, yet still only a handful of readers help out. How do I know you appreciate all my hard work if you don’t tell me? PAYPAL is totally safe and you don’t even have to use a bank account number. You can use a debit or credit card in PAYPAL too. I am not going to cater to a multiple of pay sources, so don’t ask me. I am sticking with PAYPAL only and there are reasons why.

I am now also researching the code to first register everyone once you land in the blog, then you will have a signon screen to get into the blog and read the Newsletter. There will be a mandatory monthly fee. I did not want to go to this extreme but I am forced to do it if things don’t change. I don’t want to do it since we are very close to the reinstatement and monetary shift that is about to take place.

Many simply leach off the Newsletter and don’t care about the efforts I put into this. It is very hard work and I already hold two other jobs. They take the news to other sites, bastardize it and get $$$ off their clicky-clicks. In my Q & A section today we can clearly see just what I mean.

Let’s now look at the recent news….

If you have been following this RV saga for as long as I have (since 2005), you probably noticed that about twice a year or at least once a year, the CBI gives us an update on the Project to Delete the Zeros. I am told from my contact that this year’s update is coming and it is going to be a positive go-ahead. Remember I am just relaying information and so we all must wait and see. It would not be a bad idea to do some praying too for no obstacles to come in the way. This may finally be the end to the RV saga. But remember we seem always to hear this kind of news for the end of the year, but here we sit and another year passes. Will 2025 be any different?

I can hardly believe all the good news this period of reporting. I will try to tie it all together for my readers so you can see the BIG picture and the coming of Iraq into a shocking transition, a shift as a financial superpower. Folks it’s all connected.

“Iraq First”- A mindset or just a theme?

In two articles today we read about the Iraqi first project or I like to say a new “mind set” for all Iraqis. Please read article titled “AL-SUDANI: ‘IRAQ FIRST’ GUIDES POLICY”. In the articles we read that Prime Minister al-Sudani emphasized that “Iraq First” is the guiding principle of his government, shaping decisions at home and abroad. Gee, I wonder where he got this slogan from….lol..lol..lol.. 😊. Speaking at a tribal conference in Baghdad, al-Sudani said the approach drives Iraq’s move to reshape its ties with the Global Coalition but does not mean breaking with the international community. “Today’s conditions differ from 2014 (when the Coalition was created to fight ISIS),” he explained. I like this article because it is articulating the fact that they are recognizing that there must be a change of mind set moving into the future. The war with ISIS is over. If you dare to recall in 2017 the CBI came out with a statement and told us that the Project to Delete the Zeros was being “postponed” due to this war and the cost of it, thus depleting the CBI reserves. So the war is long over and the reserves are secure.

The other article is titled “AL-SUDANI TALKS ABOUT THE US WITHDRAWAL AND THE RECOMMENDATIONS OF THE RELIGIOUS AUTHORITY: “IRAQ FIRST” IS NOT A SLOGAN.” Iraqi Prime Minister Mohammed Shia al-Sudani clarified on Saturday evening that restructuring the relationship with the international coalition does not mean a rupture with the international community. While he noted that the recommendations of the supreme religious authority represent the course of action for society and the state, he emphasized that “Iraq First” is not a slogan, but rather a behavior and practical application towards Iraqis”.

Just hold on for a second and THINK, THINK, THINK! What did the Trump administration do and why? He promoted “America First” theme to unite Americans to the cause of one nation again. To get them off this silly theme of a global governance and all it stupid rules, mandates and bureaucracy (not to mention Marxist socialism). Remember the dark deep state globalists can’t have unity. They must divide to conquer America. Even in Kim Clement’s prophecies from more than a decade ago he says God wants unity with his people. It is through this unity that the nation will survive and grow and win the war of the globalist deep state. So, Sudani for Iraq knows he must also unite Kurdistan and Baghdad and the citizens within as one nation to survive and prosper too. Remember the globalist have their Marxist tentacles in Iraq too.

It’s all about SECURITY & STABILITY:

The CBI continued to tell us over the years they needed STABILITY and SECURITY to conduct the Project to Delete the Zeros. Really? The CBI told us they needed the parity between the parallel market rate and the official CBI rate and so they told us they have it. Is it now time to do the switch out of the currencies? Do they now have the needed SECURITY and STABILITY? Remember that my CBI contact told me there are plans to conduct the switch out of the currencies beginning sometime between September through December. So we just entered September. WOW!

😊In yesterday’s article titled “ECONOMIST: IRAQ ENJOYS FINANCIAL STABILITY THANKS TO THE CENTRAL BANK’S RESERVES” , the prime minister’s economic advisor, Saleh, “confirmed on Wednesday that financial stability in Iraq is solid, and no worrying indicators have yet emerged, despite the external challenges and geopolitical shocks facing the world.”

But are they other forms of stability besides financial stability?

And so he also pointed out high economic stability, low inflation and low unemployment rates. What more stability do they need?

😊In yet another article titled “In AL-SUDANI: THE PARTNERSHIP BETWEEN IRAQ AND THE UNITED STATES HAS ACHIEVED SIGNIFICANT RESULTS AND ENHANCED SECURITY” the Prime Minister Mohammed Shia al-Sudani himself praised the partnership between Iraq and the United States on Tuesday, “stressing that it has achieved significant results and contributed to enhancing security and stability.” Their words not mine….. 😊 So where is the Project to Delete the Zeros then? Another sign it may be coming VERY SOON.

😊Then we are seeing more and more US influence in the economy of Iraq. This I believe is from the partnership of the Trump administration with Iraq. This creates yet more security and stability because now the US is a major player in the economy and will have lots at stake if Iraq fails. We can read the article titled “AN ECONOMIST EXPLAINS THE REASONS FOR AMERICAN COMPANIES RETURNING TO IRAQ” and learn from economist Nabil Al-Marsoumi who revealed on last Friday the reasons that prompted American companies to return to Iraq, pointing to the factors and elements Baghdad has provided to ensure a suitable operating environment within the security and procedures in place. After years of American giant companies withdrawing as part of a wave of major foreign companies withdrawing from the country, they are now returning.

I quote from the article he explained that “the withdrawal of American companies from Iraq was linked to several reasons, including: the exacerbation of corruption risks due to a lack of experience in public administration, the weak ability to absorb the flow of aid funds, sectarian issues, the lack of political will to combat corruption, massive embezzlement, fraudulent procurement, money laundering, oil smuggling, and widespread bureaucratic bribery.”

It’s all about a UNIFIED Iraq:

Remember that Iraq is really composed of two separate countries united into one nation under the Iraqi constitution of 2005 post 2003 war. Many of the issues facing the new Iraqi federal government stem from dealing with Kurdistan. It is a very young nation and so there are ongoing talks to united these two regions. Could UNITY mean STABILITY too? Kurdistan is where the oil is. This is the main source of revenue for the newly established “constitutional” republic of Iraq. The elected federal government in Baghdad has the task of managing this wealth. Also remember the Development Road Project runs through and connects all of Iraq in both regions. This project has not yet taken off and need more investors.

So in the past, Iraq told us years ago when planning their strategy for Customs and Tariffs. They told us that if they could manage these huge sums of future revenues correctly, they could rival the oil revenues of today. WOW! WOW! WOW! By managing them they meant to collect them and get them into the coffers of the federal government in Baghdad for the use of all of Iraqis and not just Kurdistan. These revenues could be spent on other strategic projects to rebuild Iraq and grow the economy. So today we hear yet more news about the Customs and Tariffs revenue collections. What do they tell us today?

Many times, in the news we read about events as if in the present tense, however they are really just informing the citizens of the project and the ongoing efforts. It appears they are now implementing these ideas fully. But many times, in the past we got fooled. The translation of the news from Arabic to English is not so good. So now we learned that although the Asycuda system was implemented it was not “fully” implemented and doing the job it was intended to do. There were issues. I know, I know in many part article they talked about Asycuda as if it was the greatest thing.

😊In the article titled “BAGHDAD, ERBIL AGREE ON ASYCUDA CUSTOMS SYSTEM AND UNIFIED COMPANY ID” we learn that now the Iraqi federal government and the Kurdistan Regional Government have agreed to implement the ASYCUDA customs system and adopt a unified economic number for companies, aiming to settle years of disputes that have slowed trade and investment. Remember they told us the revenue from the customs and tariffs could rival the oil revenue but only if the federal government can manage they correctly and collect them into the federal coffers. So, now we see yet another move in this direction to make this a reality.

😊Then again, we hear of yet more good news about revenue collection in the article titled “TWO KURDISH DELEGATIONS TO GO TO BAGHDAD; PREPARATIONS ARE UNDERWAY FOR A TRIPARTITE AGREEMENT”. I quote from the article – “Two Kurdish delegations are scheduled tovisit Baghdad this week to reach an agreement on oil, domestic revenue and salaries in the coming months. Preparations are underway for a tripartite agreement. The Kurdistan Regional Government (KRG) has repeatedly expressed its readiness to export oil and resolve domestic revenue issues.”

😊Also while on this subject, in the article titled “PRESIDENT OF THE REPUBLIC: THERE IS AN URGENT NEED TO PASS THE OIL AND GAS LAW” we find that the Iraqi President Rashid stressed that “there is an urgent need to pass the oil and gas law and detailed laws on the distribution of revenues, to solve the existing problems”. But we all already knew the necessity to pass this law, didn’t we? So, this other news in the articles above tie into this theme of getting the Oil and Gas Law done and passed in parliament.

😊I will conclude my RV Status summary today by pointing out a VERY IMPORTANT position of Iraq as it is driven by the Al-Sudani government, as he knows it best and is implementing this strategy in coordination with the banking and financial reforms from the CBI. It’s called “money talks and bullshit walks”. Yes,Sudani has the same mindset as Trump. We have been witnessing his economic policies towards Iraq. In the recent article titled “ADVISOR: THE GOVERNMENT HAS SUCCEEDED IN HARNESSING THE ECONOMY FOR INTERNATIONAL RAPPROCHEMENT” Prime Minister Mohammed Shia al-Sudani’s “government program focused on using economic power as a diplomatic tool to achieve Iraq’s national interests. It relies on a strategy of employing economic tools such as oil, investment, contracts, aid, trade, and commercial agreements to strengthen the country’s position and political standing regionally and internationally.”

This mindset is what brings a nation prosperity and abundance. Once you have it and can sustain it the people then also have it, as the government then must guard it and trickle it down to the citizens. Yes, Trump knows about the revenues that can be collected from Customs and Tariffs too just like Al-Sudani knows. It is huge and can eventually eliminate the Individual Income Tax and supply money to pay off the U.S. debt. Get it? Also, there is a necessity to find other forms of revenue to fund local governments. This has to happen. These local taxes are killing the economy. We need to get ut of this property tax and DMV car value tax trap. This would be yet more wealth trickled down to the citizens. Get it? I can go on and one as there are many more solutions to the US financial situation. But it all starts with you getting involved and being united in this effort. We must be creative and shift from the old paradigms the globalists Federal Reserve and IRS have put in our minds.

The opposite is what the democrat Marxists want. Instead, they want to first give everything away, of what wealth is remaining, then borrow and go into debt to pay for it. Later then wonder why the nation suffers. They will always blame someone else other than their own negligence and irresponsibility. They do this to get votes and really don’t give a damn about the people. It they did, they would be more responsible. Pay for it now or pay for it later, either way the bill has to be paid. Are these people even competent enough to be running the government?

This folks, as I just described above, is what is going to get us the Revaluation of the Iraqi dinar and the long-awaited Reinstatement. Don’t be fooled by these stupid intel guru charlatans telling you of these rumors of any day / every day RV’s. When it is time for Iraq they will pull the trigger and not before.

Q & A

Question from ashleypikes:

MG: this person says you are totally wrong about getting off the Petro $$, it wont happen since they are joined to OPEC. Can you comment to the validity of their comment.
9-4-2025 Newshound/Intel Guru Fnu Lnu [Response to Guru Mnt Goat 9-2-2025 post below] I hear this a lot. Problem is; Iraq belongs to OPEC. The very reason OPEC exists is to reinforce the policy of buying and selling oil in USD, which, is the “WORLD RESERVE CURRENCY”…One cannot sell oil without using USD, or the country goes rogue and starts using a crypto currency…There would be sanctions for pulling out of OPEC. Sanctions for de-pegging and using a nation neutral currency, and sanctions if they join the BRICS+…Iraq has agreed to remain in OPEC, FACT!…Iraq…will do as the USA demands…There will not be a float…I agree it is a conundrum and this is also the reason the IQD will not revalue for another year to eighteen months.

Answer Mnt Goat:

Guten Tag Ashley! Hope all is well with you. So, let’s go through this again. I do encourage my readers to look at all view points then do the research from what you hear, if you don’t believe me. But do your own research and question what you hear if it does not sound correct because it probably isn’t.

So, let’s go through it to understand it.

The petro-dollar for Iraq started due to sanctions put on Iraq in 1991 during the war to get Iraq out of Kuwait. Up to that point Iraq could sell oil at any currency. The dinar was NOT solely pegged to the dollar and the dinar was at about $3.22ish just before 1990. Iraq was a member of OPEC then. At this time of the first gulf war in 1991, the US Treasury began the DFI fund where these oil revenues (in dollars) were put in Chase/JP Morgan bank escrow account in NYC. This was part of the sanctions process to spank Iraq for attacking Kuwait. This is also about the time the petro-dollar began for Iraq. Remember the oil for food program? Oh… we have short memories, don’t we? How do you think they managed to control the oil revenues if not for the DFI fund and the petro-dollar? Oil for food….??? This was also said to safeguard against Saddam using oil funds to continue building weapons of mass destruction that he was then accused of. But they later never found any, right? So they needed another excuse to attack Iraq in 2003.

In 1991 they were already starting to build a case for the coming 2003 war. It is all connected. Get it? Stay open minded .,.. I am going to awaken you! 😊

The petro-dollar then, so they told us then, was also to manage the oil funds and to ensure Iraq citizens got fed during the sanctions. But this was just another “humanitarian” excuse for killing the dinar. They always have to first “kill” the currency somhow and then later “revive” it. They stand to make billions when they do revive it. But this is not the end of the story. They must always have a humanitarian excuse to get the American public to go along with the plan. They were setting the stage for what was to come in 2003 already. Get it? Now for the really bad part. The Obama administration later had to out due the Iranian sanctions somehow during his term in office. He is a Muslom. He had to support Iran and so it covertly. They developed a plan to abuse the currency auctions to steal money from the DFI fund and send it to Iran to help Iran. Much of this money in Iran was used to continue to uranium enrichment process for the bomb in Iran. They are using Iran to covertly run a nuclear program underground to build warheads outside of any developed nation nuclear treaty. Get it? It was a secret program but intel discovered it. This is a deep state program not so much an Iranian program. They are working in tandem. Does this surprise you? Just look at the pandemic of COVID and the millions dead….. They still even push the vaccines today. These are very evil people.

I know this get complicated and above many of my readers brains to totally understand, if you want to understand it all even. So, let’s continue.

Then later, after the 2003 war and Saddam was ousted, in October 2004 the currency auctions began and the lower denomination Saddam Hussien notes were switched out for the large three zero notes. This was planned out all along way before 2004, get it? It did not just happen to fight hyperinflation with the dinar. It is part of the scheme.

The situation now changed as they told us yet another excuse for the DFI and petro-dollar. The oil revenues, now still going to the DFI fund, also meant safeguarding the coalition forces stationed in Iraq, post war thus did not spend the money on terrorists attacks on these troops. I tried and tried to explain to everyone this is what happened on the surface and we can all clearly see now in retrospect that this strategy of the US Treasury and the UN backfired on them. This put Iraq in an uphill fight to get back the dinar.

Instead, the currency auctions and the sole peg of the dinar to the dollar backfired as it caused more harm than good to Iraq but only if it continued in the long run. This is why Dr Shabibi in 2012-2013 wanted to end this sole peg as soon as possible and reinstate the dinar only after 10 years. The three zero notes were only planned to last for a couple of years but Obama changed the plan. I tried and tried to tell everyone in my blog about this again and again. Did you listen to me?

The IMF / CBI plan formed in 2011, included then and still includes today, a float of the dinar once repegged and reinstated. They will never do a float on the sole peg without reinstating first. This is much of confusion amoung these idiot intel gurus who tell you it will never float. Get it? Yes, it will float but only once reinstated back to FOREX.

This is the plan they told us in 2011 and Dr Shabibi in 2012 began executing the plan. This guy Fnu Lnu has a lot of research to do before he mouths off in public. This is typical of what I mean when I call these fly-by-night intel gurus “IDIOTS”. Do you know why…. Because they are IDIOTS! ☹

Today we see the mountain of issues from continuing on the sole peg to the dollar. Haven’t you been reading any of the articles on how hard it is for Iraq to de-dollarize and the parallel market vs official CBI rate? Where have you been Ashley?

Much more harm than good has come out if it since they gave up such an opportunity to reinstate way back in 2012-2013. Trillions in Iraq wealth has gone to Iran since and stolen since these arrangements were put in place. Iran was able to bypass the sanctions using these stolen Iraq funds. But where is Iraq today? They still struggle after 20 years to rebuild their own country. They have to get outside foreign investors to even complete the Development Road Project. They could have used this money to do it and a lot more project.

Twenty years is long enough. Did I even mention OPEC once? I encourage you to stop listening to this intel guru. OPEC was absolutely NOT established to buy and sell oil in US dollars. How stupid and irresponsible of a thing to say to you readers!

OPEC – Wikipedia

OPEC is not the creation of the US get it? It was created by the middle eastern countries to deal with the west and raise the price of oil. Get it? OPEC was established to coordinate petroleum policies among oil-producing nations, ensuring fair prices and stable supply in response to Western dominance in the oil market NOT to enforce the sale of oil in dollars. The U.S. is not part of OPEC. Get it?

In fact, it is just the opposite. Iraq has no intentions of pulling out of OPEC and was in FACT one of the creators of OPEC under Saddam Hussien. Get it? I assure you Iraq will get off the petro-dollar and remain in OPEC. The FACT is that it will most likely be the OPEC influence of a case for “national sovereignty” among it’s oil producing member nations to regulate their own national product (OIL) that will be the final straw that breaks the camel’s back to get Iraq off the sole peg to the dollar and thus off the petro-dollar. Do they have to do this prior to getting the reinstatement? I never said this.

I think this Newshound/Intel Guru Fnu Lnu should go study up a bit more on the FACTS and not be quick to bash Mnt Goat without doing some more research. But this is typical of these idiots. They do not want to do the hard research and pound the dirt to find the TRUTH. They are just internet leaches using the RV to make money and to gain popularity with their lies.

Remember too that in the recent prophecies God is telling us that this chaos we are witnessing is coming to an end soon. What does soon mean? I do not know but I can feel an end to it when the US indictments come out and they are coming out in the coming months.

One thing God does keep telling us is that – what was stolen from us will be returned 7 X.

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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:

God told us it will be an “hypnotic November” and turbulent until June 2025 and so, isn’t it? June has been amazing too as promised. Was He lying to us? Here comes the indictments.

Prophetic Words from prophet: Hank Kunneman

“President Trump, America & The Golden Age”

You can start watching the video at the 15:48 mark. Please pay VERY close attention to what is said in both physical terms and spiritual terms.

How will the U.S. get back to the GOLD standard? This will mean getting off the dollar as the global media of exchange, or will it?

You may want to take a look at this recent news and how it all fits in to the prophecies. Could this really happen?

click on the GOLD to watch the video.

Prophetic Words from prophet: Julie Green

“THE GREAT WHITE WOLF NEXT TO YOUR PRESIDENT WILL SOON BE UNMASKED”

You can start watching the video at the 20:38 mark.

What the heck does this mean? Stay tuned we will learn.

“BIGGER SECRETS ARE COMING THAT WILL TAKE OUT YOUR ENEMIES”

You can start watching the video at the 24:41 mark. From Aug 31^st.

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

GOING BACK IN TIME

ADAM SCHIFF COMMITTED ‘MANY CRIMES,’ ARE WE FINALLY GOING TO GET ACCOUNTABILITY?

We are of course talking about justice.

A SHAMEFUL PRESIDENCY… A CON JOB TO AMERICA. DEEPER THAN DEEP!

Here’s why….

SO, YOU WANT TO KNOW WHO OR WHAT THE “DEEP STATE” IS?

IT DOESN’T GET ANY “DEEPER” (STATE) THAN THIS.

Okay, so over the last 7 months we have seen EXPOSURE after EXPOSURE of the deep state corruption. But I have to tell you there is so much more coming. I know, I know, it’s all very hard to believe it can be this deep. But it gets deeper yet! Remember that when you begin a lie, then lie to cover up the lie than lie to cover up the cover up…..where does it all end?

Ok, so let me hit you with one more conspiracy. Hillary rigged the DNC nomination process. She was not even supposed to get the democrat candidacy for presidency. WOW!

I think that when all is said and done, we will all be in shock at just how bad and dishonest they all were during the Obama and Biden administrations. No, it didn’t begin then but no one ever seemed to pay the price and so it only got worse as they thought they could do anything they want and get away with it. Get ready for the pain because God says he is going to exposure it all and bring them all to justice.

THIS “FAKE” NEWS MEDIA IS APPALLING.

Sleeper cells now in the U.S. are a result of the massive Biden immigration policy, run by Obama in the background. We are paying for our own demise. The money to arm these sleeper cells came from your tax dollars or should I say borrowed tax dollars. The good news is this is being dismantled but this does not mean we shouldn’t be upset and insist on justice as to whom was responsible for these secret cells.

PELOSI HAS BEEN REPLACED – SHE NEVER SAW THIS COMING

Question: Is it her falling dentures, binge drinking or cognitive state that makes her slur so much? Just asking…. Did you notice our worst corrupt congress reps mostly come from California? Another one bites the dust….

THE BIDEN AUTOPEN SAGA HEATS UP

Who was actually running the Whitehouse and signing these executive orders and pardons? Latest shows there were three autopen machines, what did you say?

MICHELLE OBAMA: A POLISHED IMAGE WITH NO SUBSTANCE.

You have to know fake people like Michelle Obama (or should I say Michael Obama) really get my goat. Yes, yet another Obama scam being played out on the dumb American people. I promise I won’t talk about his transgender change out today. The sad part is America goes for this. I mean really loves confusing Hollywood drama with reality. Can they even decipher the difference anymore?

Is she now a Hollywood star or a political contender? Probably both and we will see what the democrats do out of desperation in 2028. Who the hell are they going to offer to the chopping block against the republican candidate. I can think of almost a dozen current republican politicians that would make great presidents or vice presidents. Funny how I can’t even image one democrat who would lead us back in the Whitehouse. If you want “real change” then you have to have someone with experience and knowledge of how to get it done. This has been the problem with politics today. There is too much incompetence in our voted in leaders. They get voted in not on their abilities and expertise but on their glamor and ability to bullshit the people.

We desperately need more politicians like the ones that our currency President Trump surrounds himself with, not just people who is all glamor and hype. Again, I am a registered democrat but I refuse to vote for their liberal agenda. I am voting for policy not good looks or glamor. We cannot longer afford to use migration, racism or sexism as our platform to get elected. Talk is cheap and action speaks much louder than words. Oh… Michelle and your Oprah “Wimpey” Winfrey crowd, why don’t you go and write another book and leave us alone! Maybe you can invest your money into a new line of cologne or dental group to fix teeth. The dummies can then buy the book and read it while they have their teeth fixed. You can make your millions off the pretext to help pay for your Martha’s Vineyard home. You are not fooling us! Besides your hubby is going to jail soon and so you better give him all the trans kisses you can while he is still walking the streets.

NOW WE KNOW WHY FBI RAIDED BOLTON’S HOME

— This is Going to Blow Your Mind. Seems whenever they uncover some fraud or crime and then investigate it, they find more and more as it leads to other crimes and goes deeper. Here is yet another example of this.

TRUMP SIGNS EXECUTIVE ORDER TO CRACK DOWN ON FLAG BURNING

Buring your national flag is NOT free speech. It is simply dishonoring the country to which you live and enjoy all your freedoms and way of life. Simply put, if you don’t love your country, get out! There is a difference between physical actions and talking about something to make a point. There are other ways to protest against wrongs with the government and we should always feel free to organize a just movement. But burning the flag should NEVER be included as part of the protest.

THE TRUMP ADMINISTRATION INTENDS TO VET THE FILES OF 55 MILLION FOREIGNERS IN THE UNITED STATES.

The Trump administration intends to scrutinize the legal visas of the 55 million foreign nationals residing in the United States to determine whether they have committed violations or pose a security threat. According to the Washington Post, this represents a significant expansion of current efforts to curb allegations of immigration violations, criminal activity, threats to public safety, or support for a terrorist organization.

THE SCIENCE THEY WON’T TELL YOU: CO2’S WARMING LIMIT

Do you know why they won’t tell you all the facts about climate change? It’s because most of the FACTS are “inconvenient truths” and will spoil their scare tactics and fear mongering related to their narrative. We have already witnessed the multiple bills passed in congress for the wasteful money spent on this narrative. Also remember that there is evidence that a lot of this money earmarked for “climate change” went into slush funds used for nefarious projects or simply just disappeared. Yes, just like USAID funds with good intentions it turns dirty.

CLAPPER IS ABOUT TO BE “CLAPPED” (IN IRONS).

Let’s see how he tries to lie his way out of this one…..

AS DIRTY AS THEY COME!

LEAVITT ADDRESSES ADAM shifty-SCHIFF WHISTLEBLOWER REVELATIONS

IRAQI PORTS ARE INCLUDED FOR THE FIRST TIME IN THE GLOBAL LIST OF STS SERVICE PROVIDERS.

The General Company for Iraqi Ports announced today, Thursday, its official inclusion, for the first time in its history, on the global list of Ship-to-Ship Transfer (STS) service providers , according to the list issued by the global consulting firm Dynamarine .

In a statement received by Al-Sa’a Network, the company’s general manager, Farhan Al-Fartousi, said, “The launch of side-loading services at ports represents a strategic shift that will enhance the confidence of shipping companies and maritime fleets .”

He added, “The company provides side-loading services using modern equipment and specialized personnel, and has received excellent ratings from the vessels it has handled.” He noted that “joining the international list will contribute to increasing the number of incoming vessels, increasing revenues, and expanding the scope of maritime services to keep pace with the requirements of global trade .”

Al-Fartousi pointed out that “this achievement comes as part of the General Company for Iraqi Ports’ strategy to improve the quality of its services and strengthen Iraq’s position on the international maritime transport map

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PRESIDENT OF THE REPUBLIC: THERE IS AN URGENT NEED TO PASS THE OIL AND GAS LAW.

President Abdul Latif Jamal Rashid stressed that there is an urgent need to pass the oil and gas law and detailed laws on the distribution of revenues, to solve the existing problems.

The President said in a televised interview: “The Arab-Kurdish Cultural Center is an important step towards strengthening common rapprochement through studying common history and destiny.”

He explained: “The relationship between the federal government and the Kurdistan Regional Government is good in all areas, and the existing differences are originally between the provinces and the federal government, and what is common to them is greater than the differences.”

He stressed: “There is an urgent need to pass the oil and gas law and detailed laws on the distribution of revenues to solve the existing problems, and unfortunately, Parliament has not succeeded in passing the important oil and gas law.”

He pointed out: “It is the government’s duty to provide salaries for all employees, and we have a major problem in government expenditures from salaries, as they reach more than 80% of the state’s revenues, while in other developed countries they do not reach more than 6%, and we must solve this problem.”

He added: “We must ensure free and fair elections, and prevent the exploitation of power and its resources for electoral purposes. We, in the four presidencies, agreed on a document to be electoral regulations to be adopted by the Electoral Commission and other bodies concerned with organizing them.”

He stressed that there is no truth to the postponement of elections or the formation of an emergency government, and we must ensure our people’s confidence in holding fair elections on time. We in Iraq are proud that all electoral processes took place on time without delay.

The President stressed that the world is facing a major water crisis as a result of climate change, including Iraq. We must obtain a fair share from neighboring countries, stop our waste, and use modern irrigation and agricultural methods.

He stressed: “The continued aggression on Gaza has a negative impact on the entire region, and our position in Iraq is clear and not new, in our support for the Palestinian people in achieving their full legitimate rights to self-determination. The aggression must now stop, humanitarian aid must be delivered, and famine must be stopped.”

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BAGHDAD HAS TIED ITSELF TO IRAN, ENDANGERING IRAQ’S FUTURE

The Iraqi government’s close ties to Iran are becoming an increasing vulnerability at a time of significant geopolitical change in the region.

When Israel and the United States launched a bombing campaign against Tehran’s nuclear program in June, Iran-aligned forces that have spent years building their influence and arsenals in neighboring Iraq were oddly silent. Yet despite their decision to stay out of the so-called “12-day war,” pro-Iranian groups still have far-reaching influence in Baghdad, while co-existing with U.S. forces and bases.

These competing pressures have long obliged Iraqi leaders to navigate a delicate balancing act. The country, often seen as the lungs through which Iran breathes, constitutes a strategic zone of influence and a key node in a region-wide Iranian network of proxies and allies—a network whose other members have been severely degraded since October 7, 2023.

Yet Iran’s conflict with Israel is far from resolved—indeed, it has entered an unprecedented and dangerous phase, potentially placing Iraq in the eye of a regional storm.

At the heart of the current crisis is Iraq’s complicated and multi-layered relationship with Iran. Iraq hosts a range of Iranian-backed militias under the banner of the Popular Mobilization Forces (PMF), some of which have been implicated in attacks on U.S. military bases and on Israel. These militias serve as key parts of Iran’s regional network, and in the past Tehran has mobilized them to target Western interests and Israel. At the same time, the U.S. continues to maintain a military footprint in Iraq, making the country a potential flashpoint in the event the militias were to harm U.S. personnel.

The PMF functions as an extension of the Islamic Republic in Iraq, a military and ideological conduit that allows Tehran to exert military pressure on its rivals in both Iraq and the region, in addition to using Iraq’s institutions to circumvent U.S. sanctions. The groups that comprise the PMF, while technically state-sanctioned, operate outside of the Iraqi armed forces’ chain of command, answering directly to Tehran. What is more, they have a documented history of attacking U.S. personnel.

Since October 7, 2023, the Iranian regime’s domestic and regional standing has taken a dramatic hit as allies such as Syria’s Assad regime fell to opposition groups and Lebanon’s Hezbollah became severely degraded. Although Iraq’s PMF likely feel both an emotional and strategic pull to join any confrontation that pits Iran against Israel and the U.S., the organization’s relatively muted response to the recent escalation, particularly that of its most battle-hardened, Iran-aligned ideologues, indicates that these groups do not want to test Israel’s current military momentum—or expose their own limitations.

Indeed, such a move could be catastrophic for Iraq. The Trump administration has the PMF in its cross-hairs, and like the Biden administration, is not averse to striking these militias—it has done so on several occasions, particularly along the border with Syria. Similarly, while Israel has not executed a comprehensive campaign within Iraq, it has in the past struck targets within Iraqi territory. In the event of another conflagration, PMF involvement may trigger a wider response from the U.S. and Israel, while also extending Trump’s renewed policy of “maximum pressure” on Iran deep into Iraq.

The Trump administration has shown little tolerance for Iranian influence in Iraq, as evidenced by its decision to end Baghdad’s waiver to import Iranian electricity, forcing Iraq into a painful and ill-prepared energy transition. The administration has accused the state-owned Rafidain Bank of processing payments for Yemen’s Houthis, which is designated as a terrorist group by the United States, and has also placed sanctions on several Iraqi banks that are complicit in allowing Iran to circumvent U.S. sanctions. In response, it has threatened to sanction the Iraqi state as a whole, which would have devastating consequences for Iraq and exisential implications for the state.

A PMF Comeback?

This pressure also has political ramifications, especially for Iraqi Prime Minister Mohammed Shia al-Sudani, who faces the challenge of managing deteriorating relations with the U.S., while fending off domestic rivals and appeasing powerful Iran-aligned blocs. In this precarious position, Sudani would struggle to avoid responsibility were the PMF to undermine U.S. interests or target U.S. personnel.

Indeed, Sudani has been accused of either enabling the ascension of Iran-aligned groups or turning a blind eye to their widening grip on Iraq and its institutions since he came to office. According to recent reports, smuggling networks—especially those operating under the PMF’s protection—have flourished since Sudani took office, and it has not escaped Washington’s attention that Sudani has used oil exports to penalize the Kurdistan Regional Government (KRG), while enabling the economic empowerment of the PMF. Sudani has also ignored a significant increase in PMF drone attacks on the KRG since the ceasefire between Israel and Iran came into effect on June 24. At best, Sudani is guilty of acquiescing to this campaign and the PMF’s attempts to re-assert itself; at worst, he is directly complicit.

U.S. officials have reportedly pressured Baghdad to restore Kurdish oil exports via a pipeline through Türkiye, as part of efforts to undercut Iran’s shadow economy. Yet the federal government’s continued tolerance of black-market operations directly undermines those goals and strengthens Tehran’s proxies. Internally, the stakes are even higher, given the uncertainty surrounding the future of the PMF. Speculation over the possible ouster of PMF chairman Falih al-Fayyadh has exposed deep fractures within Iraq’s ruling Shiite political class. Some factions seek to integrate the PMF more formally into state structures, reducing Tehran’s grip. Others, particularly those aligned with Iran, view such efforts as a threat to their power.

Any misstep in managing these tensions could ignite an intra-Shiite conflict, which may further erode Iran’s influence and open up gaps for Washington to restore its influence in Iraq and capitalize on Iran’s wider regional decline. The Trump administration’s pressure campaign could also be leveraged to condition aid, energy cooperation, and international legitimacy on Baghdad taking measurable steps to curtail the PMF’s autonomy, integrate militias into the regular armed forces, and prosecute the PMF’s illicit networks and operations, which Iran uses to circumvent sanctions.

Should Sudani appear too deferential to Washington, he risks alienating influential Shiite groups. If he leans too heavily toward Tehran, he could provoke punitive actions from the U.S., potentially including military strikes. Containing the PMF is easier said than done, but the Iraqi prime minister will have to provide tangible evidence that he is not an enabler of the organization, as former Prime Minister Mustafa al-Kadhimi did during his time in office. Kadhimi won plaudits in Washington for standing up to the militias and although this did not address the problem, it did narrow the space in which the PMF could function and flourish.

Iraq is at a crossroads. Continuing to placate and appease the PMF risks tethering Iraq’s fate to that of the Islamic Republic’s. Aligning more closely with the U.S. opens opportunities for economic growth, regional integration and international legitimacy. Iran, on the other hand, is an isolated state on a downward trajectory –– the war markedly highlighted Iran’s inability to draw on support from Russia and China, despite its attempts to cultivate strategic ties with both countries and the wider global south.

The future Iran offers Iraq threatens to return the country to the 1990s, when it was hit with Western sanctions, struggled to recover from war and suffered widespread deprivation.

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ECONOMIST: MORE THAN 85% OF BANK DEPOSITS IN IRAQ ARE HELD IN GOVERNMENT BANKS THAT ARE “MISUSING THEM.”

An economic expert revealed that 85 percent of bank deposits in Iraq are held in government banks, stressing that Iraq is not suffering from a liquidity shortage, but rather from its misuse.

Economist Manar Al-Obaidi stated in a post on his social media account on Saturday, August 30, 2025, that “deposits in the banking system exceeded 115 trillion dinars in June 2025, more than 95 trillion of which are current, non-interest-bearing deposits. Savings and fixed deposits did not exceed 20 trillion dinars, meaning that nearly 80% of the funds are deposited in short-term accounts that do not contribute to creating real economic value.” He added that “the most dangerous thing is that more than 85% of these deposits are held in government banks, which continue to play a traditional role in preserving funds without being able to convert them into productive loans or investment tools that serve the economy.”

He explained that, “Despite this large amount of liquidity, the total loans granted to the private sector and public institutions did not exceed 46 trillion dinars, or (less than 40% of total deposits), which is a very modest percentage compared to Jordan, where the percentage reaches more than 75%, and in Egypt, it reaches about 85%, while in Turkey it exceeds 100%.”

He continued: “More serious than the size of the loans is their nature. Data indicates that more than 66% of them went to personal consumer loans or loans for construction and real estate purchase, while the remainder was distributed among the productive sectors. It should be noted that financing for the industrial sector did not exceed 4% of the total loans, while financing for the agricultural sector did not exceed the 3% barrier of the total loans,” noting that this “number clearly reveals the absence of a developmental compass in the work of banks.”

According to the economic expert, “This reality places government banks under direct responsibility. They hold the majority of deposits, but they have been unable to transform them into a driving force for the economy. They have been content with the role of ‘reservoir’ rather than development institutions. The persistence of this gap between enormous liquidity and limited funding raises questions about the viability of current banking policies and calls for a radical change in the banking system’s operating model.”

Al-Obaidi put forward a series of proposals for Iraqi banks to restore their developmental role. “The first is to redirect the loan structure towards productive sectors such as agriculture, industry, and renewable energy, instead of being limited to consumer and real estate loans. The second is to develop new financial tools such as financing small and medium-sized enterprises with partial state guarantees. The third is to improve incentives for long-term savings by raising interest rates on savings and fixed deposits to attract additional liquidity to the banking system. The fourth is to expand partnerships with the private sector through joint financing funds that finance infrastructure and industrial projects. The fifth is to enhance transparency and governance within government banks to reduce waste and enhance public confidence.”

Al-Obaid emphasized in his speech that “Iraq is not suffering from a liquidity shortage, but rather from its misuse. Unless the banking system transforms from mere stagnant vaults into effective institutions that channel funds toward production, the economy will remain captive to a vicious cycle of consumption and sterile financing, and massive deposits will continue to have little impact on growth and job opportunities.”

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IRAQ IS NOT SUFFERING FROM A LIQUIDITY SHORTAGE, BUT RATHER FROM ITS MISUSE. GOVERNMENT BANKS ARE MERELY “TREASURIES” WITH NO PRODUCTION.

Al-Abidi’s expert interpretations of deposits

Economist Munar Al-Obaidi said that government banks are directly responsible for holding most of the deposits, but he noted that they have been unable to transform them into a driving force for the economy, and have instead been content with the role of “reservoir.” Al-Obaidi pointed out that Iraq is not suffering from a liquidity shortage, but rather from its misuse.

Unless the banking system transforms from stagnant treasuries into effective institutions that channel funds toward production, the economy will remain captive to a vicious cycle of consumption and sterile financing, and massive deposits will have little impact on growth and job opportunities.

In June 2025, deposits in the Iraqi banking system exceeded 115 trillion dinars, more than 95 trillion of which were current, non-interest-bearing deposits, while savings and fixed deposits amounted to only 20 trillion. This means that nearly 80% of the funds are deposited in short-term accounts that do not contribute to the creation of real economic value. More alarmingly, more than 85% of these deposits are held in government banks, which continue to play a traditional role in preserving funds, without being able to convert them into productive loans or investment instruments that serve the economy.

Despite this significant amount of liquidity, total loans granted to the private sector and public institutions did not exceed 46 trillion dinars, or less than 40% of total deposits. This is a very modest percentage compared to Jordan, where it reaches more than 75%, Egypt, approximately 85%, and Turkey, where it exceeds 100%. Even more concerning than the size of the loans is their nature. Data indicates that more than 66% of them went to personal consumer loans or loans for construction and real estate purchases, while the remainder was distributed among productive sectors. It should be noted, for example, that financing for the industrial sector did not exceed 4% of total loans, while financing for the agricultural sector did not exceed 3% of total loans. This figure clearly reveals the absence of a developmental compass in the banks’ operations.

This reality places government banks under direct responsibility. They hold the majority of deposits but have been unable to transform them into a driving force for the economy, and have instead served as “reservoirs” rather than development institutions. The persistence of this gap between massive liquidity and limited funding raises questions about the viability of current banking policies and calls for a radical change in the banking system’s operating model.

For banks to regain their developmental role, there are a number of possible solutions: First, redirecting the loan structure toward productive sectors such as agriculture, industry, and renewable energy, rather than relying solely on consumer and real estate loans. Second, developing new financial instruments such as financing small and medium-sized enterprises with partial state guarantees. Third, improving incentives for long-term savings by raising interest rates on savings and fixed deposits to attract additional liquidity to the banking system. Fourth, expanding partnerships with the private sector through joint financing funds that finance infrastructure and industrial projects. Fifth, enhancing transparency and governance within government banks to reduce waste and enhance public confidence.

Iraq is not suffering from a liquidity shortage, but rather from its misuse. Unless the banking system transforms from stagnant treasuries into effective institutions that channel funds toward production, the economy will remain trapped in a vicious cycle of consumption and sterile financing, and massive deposits will have little impact on growth and employment opportunities.

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THROUGH TWO PROJECTS, THE IRAQI OIL MINISTER PROMISES TO ACHIEVE SELF-SUFFICIENCY IN GASOLINE PRODUCTION BY 2025.

Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani al-Sawad said on Thursday that Iraq will achieve self-sufficiency in gasoline production by 2025 through the launch of two new projects in Basra and Kirkuk governorates.

(No more dependency on Iran for its gasolene. You have to love it. Iran, through its nuclear ambitions and terrorism, is self-destructing itself. One by one the U.S. through its mandates of Iraq, is dismantling revenue streams for Iran. This is also happening with Syria.)

The ministry said in a statement today that the minister, during the opinion council meeting, reviewed the ministry’s key achievements and topics during the current month, including the opening of a fat refinery at the Northern Refineries Company, which will meet 70% of the country’s needs. He directed the refinery companies to develop their fat refineries to achieve self-sufficiency.

Al-Sawad pointed out that the Ministry has achieved self-sufficiency in gas oil and kerosene, and the Ministry’s efforts to achieve self-sufficiency in gasoline production during the current year by completing the FCC projects in Basra, the naphtha improvement project in Kirkuk, and other projects.

The statement quoted the minister as saying that a contract had been signed with Schlumberger to raise production rates in the Akkas field to 100 million standard cubic feet per day. A preliminary agreement had also been signed with the American company Chevron to develop four exploration blocks in the Dhi Qar Oil Company, in addition to the Balad oil field and any other exploration field or block.

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ADVISOR: THE GOVERNMENT HAS SUCCEEDED IN HARNESSING THE ECONOMY FOR INTERNATIONAL RAPPROCHEMENT.

Prime Minister Mohammed Shia al-Sudani’s government program focused on using economic power as a diplomatic tool to achieve Iraq’s national interests. It relies on a strategy of employing economic tools such as oil, investment, contracts, aid, trade, and commercial agreements to strengthen the country’s position and political standing regionally and internationally.

Employing the economy

In an interview with Al-Sabah, the Prime Minister’s Financial Advisor, Dr. Mazhar Mohammed Saleh, explained that the government’s program approved by the House of Representatives represents a turning point in the development of what is known as productive economic diplomacy. He noted that the country has witnessed a clear shift toward utilizing the economy as a tool for international political influence and rapprochement, and building partnerships based on mutual benefit and interest.

Economic partners

Saleh added that Iraq has adopted the principle of diversifying its economic partners at the regional and international levels, in addition to opening up to Europe, particularly Italy, Germany, and France. This includes encouraging major international companies to operate in Iraq and launching major strategic projects, in light of expectations regarding the future of the development road strategy, such as the Faw Port, railway links, associated gas, and solar energy, within a vision that is attractive to investors.

Italy:

A successful model

Saleh continued, noting that the government has worked to link the economy to national sovereignty, meaning enhancing self-reliance, but with intelligent negotiation, particularly with major powers. He explained that Italy is a successful model of economic diplomacy, having used the oil, infrastructure, security, and culture issues to build a balanced partnership that serves Iraqi sovereignty and the national interest, which has contributed to improving Iraq’s international standing.

shared vision

The government advisor stressed that Italy is interested in partnering with Iraq in the oil, gas, and clean energy sectors, and working to ensure the stability of the flow of Iraqi oil to Europe, in light of global supply tensions, especially after the Ukrainian war, without… We must not overlook Italy’s security and training cooperation within the NATO mission, nor must we overlook the productive power of Iraqi diplomacy in cultural and educational support, as it is noted that there is Italian support for Iraqi antiquities and the restoration of heritage sites, within the framework of diplomacy.

Cultural.

foreign investments

For her part, Dr. Ikram Abdul Aziz, an economic affairs expert, stated that the importance of productive Iraqi economic diplomacy stems from organizing promotional events to attract foreign investment to Iraq, diversifying the economy by reducing dependence on oil, diversifying sources of income, and strengthening non-oil sectors. Abdul Aziz added, in an interview with Al-Sabah, that the economic policy has contributed to enhancing job opportunities by attracting investments, developing economic projects, and improving the standard of living, noting that Iraqi economic diplomacy works to strengthen positive relations with other countries and achieve economic development.

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PARLIAMENTARY COMMITTEE: BUDGET TABLES WILL ARRIVE BEFORE THE ELECTIONS.

(Obviously, the 2025 budget is way overdue and is not after-the-fact. These tables are needed to authorize the release of funds needed to pay contractors for work already done on projects completed. As a dinar investor, please get out of this intel guru thinking that this will give us the RV and a new rate. That is all nonsense. This has nothing to do with the RV. These tables were delayed merely because they had to clean them up due to projects that were deleted or moves to 2026 due to the drop in oil prices.)

Iraqi Dinar-Dollar auction Parliamentary Services Committee member Baqir Al-Saadi confirmed that the government has resumed work on a number of suspended service projects, as part of the 2023 and 2024 budgets.

Al-Saadi told Al-Furat News Agency that the committee is awaiting the government’s 2025 budget schedules, which it has delayed sending.

He expected that the budget schedules would reach the House of Representatives in October (a month before the parliamentary elections scheduled for November), with the aim of approving them as soon as possible. He stressed the importance of approving these schedules, especially given the overdue financial dues owed to contractors.
Al-Saadi emphasized the importance of the role of contractors, describing them as “partners in the work,” and stressing the need to support and encourage them to complete vital projects that serve citizens.

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AN ECONOMIST EXPLAINS THE REASONS FOR AMERICAN COMPANIES RETURNING TO IRAQ.

Economist Nabil Al-Marsoumi revealed on Friday the reasons that prompted American companies to return to Iraq, pointing to the factors and elements Baghdad has provided to ensure a suitable operating environment within the security and procedures in place.

Al-Marsoumi said in a Facebook post, followed by the Al-Sa’a network, that “after years of American giant companies withdrawing as part of a wave of major foreign companies withdrawing from the country, Chevron is returning to Iraq through the Nasiriyah field in Dhi Qar Governorate.”

He explained that “the withdrawal of American companies from Iraq was linked to several reasons, including: the exacerbation of corruption risks due to a lack of experience in public administration, the weak ability to absorb the flow of aid funds, sectarian issues, the lack of political will to combat corruption, massive embezzlement, fraudulent procurement, money laundering, oil smuggling, and widespread bureaucratic bribery.”

Al-Marsoumi added, “These factors have led to the country’s ranking at the bottom of international corruption rankings, fueled political violence, hindered effective state-building and service delivery, and led to political interference in anti-corruption bodies, the politicization of corruption cases, a weak civil society, insecurity, and a lack of resources.”

Al-Marsoumi pointed out that “the politicization of corruption issues, weak civil society, insecurity, lack of resources, and incomplete legal provisions severely limit the government’s ability to effectively curb rising corruption.”

He added that “the return of American companies is linked to several factors, including the desire to counterbalance China’s significant influence in Iraq’s oil and gas sector, and the guarantees Baghdad has provided regarding transparency, contract stability, and security after years of corruption and governance risks that previously drove major companies to withdraw.”

He stressed that “Baghdad agreed to the three elements requested by American companies: cohesion, security, and facilitation of procedures.”

He explained that:

“Cohesion” is about ensuring that the construction of project-related facilities is completed in a complete and orderly manner.

“Security” is not limited to protecting employees on the ground, but also includes the soundness of the basic commercial and legal practices included in the agreement.

“Facilitating procedures” means that any deal must proceed as planned in the agreement, regardless of any future changes in the Iraqi government.”

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AL-SUDANI: ‘IRAQ FIRST’ GUIDES POLICY

On Saturday, Prime Minister Mohammed Shia al-Sudani emphasized that “Iraq First” is the guiding principle of his government, shaping decisions at home and abroad.

(Gee, I wonder where he got this slogan from….lol..lol..lol.. 😊)

Speaking at a tribal conference in Baghdad, al-Sudani said the approach drives Iraq’s move to reshape its ties with the Global Coalition but does not mean breaking with the international community. “Today’s conditions differ from 2014 (when the Coalition was created to fight ISIS),” he explained.

The Prime Minister, leader of the newly formed Reconstruction and Development bloc, cited reforms and new service projects, including major investment in Baghdad after years of neglect. He said foreign investment has exceeded $100B, with the Development Road Project intended to place Iraq “at the center of regional trade.”

However, “Development depends on rule of law, disarmament, respect for state institutions and the fight against corruption,” he added, as guidance from the Supreme Religious Authority — Iraq’s highest Shiite clerical leadership, led by Grand Ayatollah Ali al-Sistani in Najaf — “continues to shape national policy.”

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AL-SUDANI TALKS ABOUT THE US WITHDRAWAL AND THE RECOMMENDATIONS OF THE RELIGIOUS AUTHORITY: “IRAQ FIRST” IS NOT A SLOGAN.

Iraqi Prime Minister Mohammed Shia al-Sudani clarified on Saturday evening that restructuring the relationship with the international coalition does not mean a rupture with the international community.

While he noted that the recommendations of the supreme religious authority represent the course of action for society and the state, he emphasized that “Iraq First” is not a slogan, but rather a behavior and practical application towards Iraqis.

This came during his attendance at a tribal conference for tribal sheikhs and dignitaries from the Karkh district of Baghdad, held at the guest house of Sheikh Saad Abdul Wahid Majeed Al-Khalifa. Al-Sudani stated in a statement from his office, received by Shafaq News Agency, that “restructuring the relationship with the international coalition does not mean a rupture with the international community, and the circumstances in Iraq today are different from those in 2014.”

He stressed that “the government’s position on the events in the region is clear and announced at the political, media, and relief levels, and Iraq was part of the movement with regional countries to halt Israeli attacks and prevent the expansion of the conflict.”

Al-Sudani pointed out that “Iraq First” is not a slogan, but rather a behavior and practical application, and a legal, national, and moral commitment to Iraqis, with all their components and sects.

He added, “The supreme religious authority is keen to protect and safeguard the country’s interests, and its recommendations and directives represent the course of action for society and the state.”

He continued, “Iraq, with its abundant resources and wealth, needs a sustainable economy and development, and real reform that does not rely solely on oil.”

The Prime Minister added, “Iraq today has the best relations with its regional environment and the international community. The presence of major international companies in Iraq is evidence of the extent of trust, and total Arab and foreign investments have reached more than $100 billion across various sectors.”

Al-Sudani concluded by saying, “Development can only be achieved by maintaining security and stability, through the rule of law, the control of weapons, respect for state institutions, the preservation of national decision-making, and the fight against corruption.”

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US WARNING: THE FEDERAL RESERVE IS CONSIDERING CUTTING OFF THE DOLLAR TO IRAQ!

Exclusive sources revealed to Al-Mustaqilla on Monday that the US Federal Reserve is studying imposing economic sanctions on Iraq, which could include cutting off the dollar from the country, if what it described as “the smuggling of hard currency to Iran” continues.

Sources confirmed that US warnings were communicated to the Iraqi government and central bank some time ago, demanding an end to dollar smuggling. However, according to the sources, “the government has not yet taken any practical steps to comply with US directives, and smuggling has continued unabated.”

Sources indicate that previous meetings were held between Iraqi officials and American parties, where the danger posed by continued currency smuggling to the Iraqi economy was highlighted. However, “the issue has not been resolved, and no signals of compliance have been sent by the current government.”

Economic analysts view these developments as a direct blow to the government and the Central Bank of Iraq, warning that continued smuggling could lead to a major economic crisis, weaken the country’s ability to secure basic needs in hard currency, and increase pressure on the dollar price in the local market.

The question now arises: Will the Iraqi government take urgent action before US threats turn into actual sanctions that cut off Iraq’s dollar lifeline, or will the smuggling issue continue to fuel the country’s economic crisis?

(if the US cuts off the dollar to Iraq, the parallel market is gone.)

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TWO KURDISH DELEGATIONS TO GO TO BAGHDAD; PREPARATIONS ARE UNDERWAY FOR A TRIPARTITE AGREEMENT

Two Kurdish delegations are scheduled tovisit Baghdad this week to reach an agreement on oil, domestic revenue and salaries in the coming months. Preparations are underway for a tripartite agreement. The Kurdistan Regional Government (KRG) has repeatedly expressed its readiness to export oil and resolve domestic revenue issues, but the demands of oil producing companies operating in Kurdistan are seen as the main obstacle to oil exports. A Kurdistan delegation will visit Baghdad on Tuesday to discuss the oil issue and meet with the Oil Ministry, a source in the Iraqi Council of Ministers told Ava. If there are no problems with the talks, preparations are underway for a tripartite agreement between the Kurdistan Ministry of Natural Resources, the Iraqi Ministry of Oil and oil producing companies in the Kurdistan Region.

The other delegation is scheduled to meet in Baghdad at 9:30 am on Thursday.

Although Thursday is a holiday in Iraq and the Kurdistan Region on the occasion of the birthday of the Prophet (pbuh), but the delegation will still meet with Baghdad.

Additional information: Thursday’s meeting is about non-oil revenues. This is the biggest hurdle in recent months and should be resolved this week.

Next step: If Erbil and Baghdad do not reach an agreement, then questions will be asked to the State Council, which was previously called the Shura Council.

The question is, what is the purpose and legal explanation of this article in the constitution related to non-oil revenues? Once the State Council responds and gives its legal explanation, both sides, the Kurdistan Region and Baghdad, must comply with that legal explanation.

According to the source of the Iraqi Council of Ministers, who told Ava, there is some ease of understanding on this issue between the Kurdistan Region and Baghdad and may not fall into questioning the State Council.

What you need to know: The fate of the salaries for the seventh, eighth and subsequent months depends on these two meetings. To avoid problems with paychecks in the coming months, these two cases will have to fall aside this week.

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AL-SUDANI: THE PARTNERSHIP BETWEEN IRAQ AND THE UNITED STATES HAS ACHIEVED SIGNIFICANT RESULTS AND ENHANCED SECURITY.

Prime Minister Mohammed Shia al-Sudani praised the partnership between Iraq and the United States on Tuesday, stressing that it has achieved significant results and contributed to enhancing security and stability.

The Prime Minister’s Media Office said in a statement received by the Mail that “Al-Sudani received today the new commander of the US Central Command, Admiral Brad Cropper, and his accompanying delegation, in the presence of the Chargé d’Affaires of the US Embassy in Iraq.”

He added, “The meeting discussed various security and military aspects between Iraq and the United States, progress made in the war on terrorism, and follow-up on the implementation of the joint declaration issued in September 2024, with commitment to all provisions of the agreement emphasized.”

The office continued, “The meeting also emphasized the importance of continuing dialogue on joint security cooperation at the bilateral level between Iraq and the United States, as well as exchanging views on aspects of the bilateral partnership and ways to develop it.”

According to the statement, the Prime Minister affirmed that “the partnership between Iraq and the United States has achieved significant results that serve the interests of both countries and have contributed to enhancing security and stability locally, regionally, and internationally.”

For his part, Admiral Cooper praised “Iraq’s role as a model of successful counterterrorism cooperation,” reiterating his commitment to “building on the successes achieved, continuing security cooperation, and strengthening strategic communication in the coming period.

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BAGHDAD, ERBIL AGREE ON ASYCUDA CUSTOMS SYSTEM AND UNIFIED COMPANY ID

The Iraqi federal government and the Kurdistan Regional Government have agreed to implement the ASYCUDA customs system and adopt a unified economic number for companies, aiming to settle years of disputes that have slowed trade and investment.

The Kurdistan Region’s Ministry of Trade and Industry said the meeting brought together directors general of company registration, industrial development, customs, and quality control, along with representatives from the Interior Ministry and Sami al-Sudani, adviser to the federal prime minister.

Officials decided to enforce the 14-digit Unified Economic Number as a prerequisite for using ASYCUDA services. Companies in the Kurdistan Region will no longer need a separate tax ID, and will now be able to conduct import and export activities under the same conditions as firms in central and southern Iraq.

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GOVERNMENT ADVISOR: IRAQ HAS ACHIEVED REMARKABLE SUCCESS IN RECOVERING FUNDS FROM ABROAD.

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, outlined two paths for recovering Iraq’s assets on Tuesday, including corruption funds from after 2003 and funds from the former regime. He emphasized that Iraq has achieved remarkable success in this area.

Saleh said: “Based on the Iraq Asset Recovery Fund Law No. (9) of 2012, which was amended by Law No. (7) of 2019, the objectives of the amendment were determined to expand the powers of the Fund’s management to enable it to recover smuggled funds as a result of corruption after 2003, in addition to encouraging those cooperating with the Fund by granting rewards to informants on smuggled funds, with an emphasis on strengthening international coordination by proposing agreements with countries and regional and international organizations in this regard and conducting mutual judicial assistance.”

He added, “An agreement for economic and technical cooperation between Iraq and relevant countries and institutions provides for a lever for cooperation in tracking and recovering our country’s funds that have been smuggled abroad by various means, as well as enabling the fund to file lawsuits inside and outside Iraq against individuals involved in corruption and the smuggling of the country’s funds.”

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BAGHDAD AND ERBIL ARE AT GROUND ZERO. THE UN REPRESENTATIVE CONFIRMS TO RUDAW: SALARIES MUST CONTINUE.

Baghdad and Erbil are preparing for a new round of negotiations, which the Iraqi Prime Minister has described as a “last chance” to reach an agreement on oil and domestic revenues.

The Kurdistan Regional Government delegation will meet tomorrow, Thursday (September 4, 2025), with the Iraqi Ministry of Finance and the Ministerial Committee to discuss salaries for the months of July and August, in addition to the internal revenue file.

In this context, the United Nations Special Representative in Iraq, Dr. Mohammed Hassan, told Rudaw Network on Wednesday (September 3, 2025): “I have great confidence in the Iraqis’ ability to resolve all these administrative matters with skill, without harming the livelihood of any Iraqi citizen.”

He added, “Salaries must continue. These are citizens and they have the right to live, receive their allowances, and not be part of any problem. I have great confidence in the experience and wisdom of this country’s political leaders to overcome crises.”

However, if the talks between Erbil and Baghdad fail this time, particularly regarding internal revenues, the Iraqi Council of Ministers has decided to involve the Federal Court as a third party to adjudicate.

In this regard, Badr bloc MP Siham al-Mousawi stressed the need to adhere to agreements, telling Rudaw: “There must be cooperation. Today, we have duties and rights. I must fulfill my duties towards the central government, because I am bound by political agreements that require me to export a certain number of barrels and deliver them to the central government. There are also revenues from border crossings and taxes that must also be paid. On this point, the Kurdistan Regional Government has not complied with the central government.”

The joint committees and negotiating delegations are expected to reach a final agreement within a week, with the Iraqi Council of Ministers expected to make its decision next Wednesday based on reports on oil and non-oil revenues. Otherwise, the salary issue will remain pending indefinitely.

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US CONGRESSMAN JOE WILSON INTRODUCES AMENDMENT SUPPORTING KURDISTAN REGION

“The United States supports providing the KRG with the necessary security measures so that the KRG can defend itself from attacks by Iran and its puppet militias against the KRG and its energy resources,” the amendment reads.

U.S. Representative Joe Wilson of South Carolina has introduced an amendment affirming the Kurdistan Regional Government (KRG) as a vital strategic partner of the United States.

The proposed amendment, shared by Wilson on his official social media platform X, emphasizes the importance of U.S.-Kurdistan Region relations while calling on the Iraqi government to halt destabilizing measures against the Kurdistan Region.

The document states that Baghdad must end its efforts to block salaries and payments to Kurdistan Region public employees, as well as attempts to hinder the Region’s ability to develop and export its petroleum resources. It further calls for an end to attacks carried out by Iraqi militias funded by the Iraqi government.

Wilson’s move reflects growing concern in Washington over tensions between the Kurdistan Region and the federal government in Baghdad, as well as Iranian influence in Iraq.

If adopted, the amendment would reinforce U.S. political and security backing for the Kurdistan Region at a time of heightened regional challenges.

The delayed salary payments have caused significant hardship for public sector employees in the Kurdistan Region, exacerbating financial instability and deepening mistrust between the KRG and the federal government. This ongoing dispute underscores the urgent need for a sustainable resolution to ensure economic stability and uphold constitutional obligations.

In July, over 20 drone attacks targeted cities throughout the Kurdistan Region.

Nine of these attacks have specifically targeted vital oil fields, including Khurmala, Khor Mor, Sarsink, Atrush, Bai Hassan, Peshkhabur, Tawke, and facilities operated by Hunt Oil. The other attacks have been directed at security forces and airports within the region.

U.S. support for the KRG is crucial for maintaining stability in the region, given its strategic importance in countering regional threats. By reinforcing political and security ties, the United States can help ensure that the KRG remains resilient against external pressures and internal challenges. This partnership not only supports the KRG’s autonomy but also contributes to broader regional security and energy stability.

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AN AMENDMENT TO A US LAW DESIGNATES THE KURDISTAN REGION AS A “STRATEGIC PARTNER” AND CALLS ON BAGHDAD TO CEASE PRESSURE.

On Wednesday, US Congressman Joe Wilson introduced an amendment to the National Defense Authorization Act NDAA that designates the Kurdistan Regional Government as a “vital strategic partner” of the United States.

The text of the amendment, seen by Shafaq News Agency, stipulates that the Iraqi government must “cease its destabilizing efforts,” including suspending the salaries of KRG employees and preventing it from developing and exporting its oil resources, in addition to what it described as “attacks by Iraqi militias.”

The amendment also called for US support to provide the KRG with the necessary security measures to enable it to “defend itself against attacks by Iran and its militias against the region and its energy resources.”

Wilson said in a post on the X platform that he is “grateful for sponsoring this amendment to support the Kurdistan Regional Government as a vital strategic partner of the United States.” It includes provisions that reflect Congress’ positions on foreign policy issues. It should be noted that the amendment comes within the framework of the annual defense bill, which sets the Pentagon’s budget and policies.

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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

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RECENT INTERVIEW ABOUT THE TOPIC OF THE PROJECT TO DELETE THE ZEROS FROM BAGHDAD BY THE ACADEMIC AND EXPERT ECONOMISTS

August 12, 2024

This interview backs up almost all of what I have been telling my readers for years on my blog. There is also many additional information that is provided that can enhance our study of the process Iraq is going through to get back value to their currency. We call this the RV.

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

Just the FACTS!

Mnt Goat: In a very recent interview from Iraq about the topic of the Project to Delete the Zeros from Baghdad by the academic and expert Economist Dr. Safwan Qusay and Dr. Ahmed Hal, Professor of Economics, at Al-Mustansiriya University. “the issue of deleting zeros, is positively reflected in the issue of withdrawing liquidity from people and the market , and thus going to Iraqi banks (inclusion)”. – “so people today are forced to replace their old money with new money, and they are forced to go to the bank, thus replacing this money or depositing it, perhaps at this time, means the withdrawal process.

How will inclusion ever be successful without the Project? Two main issues discussed at length by both economists – 1. Inclusion 2. Re-pegging from the sole dollar peg. They talked about other pros and cons of the Project and short-term and long-term ways to control the dollar. This is a long read but a VERY good read and shows us that this subject is taking a new light and they are trying to find solutions to the control the dollar in order to move it ahead.

I tried to put my comments throughout the translated dialogue and to bring attention to the interviewer’s questions. Then I tried to isolate the answer given by the economist. I hope this makes it much easier to read and understand. Basically, if you want to know what is holding up the Project to Delete the Zeros, thus the following reinstatement you must read these notes and try to understand.

Here is the full video of the interview:

____________________________

English Transcript of the Video:

Welcome, dear viewers, to a new episode of the Economy in a Week program. Again about the project to remove zeros from the Iraqi dinar and also issue a new currency. This project is a procedure that several countries resorted to, including Turkey in 2005 and also Venezuela in 2021, but can this project be implemented, the project to remove zeros from the Iraqi currency.

Currently, countries usually resort to adding zeros to confront waves of inflation and rising prices during periods of wars and crises, which of course lead to the erosion of the value of the currency, so the deficit in government budgets is financed through the issuance of cash, but the defenders of this idea pointed out that the large number of zeros weakened the Iraqi dinar against other currencies.

As for economic experts They believe that deleting zeros requires restructuring the banking sector

First, improving the tax system, second, in addition to encouraging investments. The Finance Committee Parliamentary indicated that the project will cost the state budget huge sums, as the size of the printed money supply in Iraq is over 92 trillion dinars, while the one in circulation is 45 trillion dinars. So, the topic of deleting zeros and issuing a new currency, we will discuss it with our guest, but to talk to our viewers about this topic, we are joined from Baghdad by the academic and expert Economist Dr. Safwan Qusay Dr.

Welcome to the Economy in a Week program on Screen Change Welcome Doctor.

If the project to delete zeros today from the uncle of our viewers

Dear ones, welcome Doctor.

The project to delete zeros from the Iraqi Umrah is it still existing, I mean every period we hear about this topic but we do not see anything on the ground.

The reality of course from the theoretical point of view the project is still existing. The truth is Iraq suffered after 1991 as a result of the economic blockade to weakness in the value of the Iraqi dinar and the previous governments resorting to the subject of printing money after 2003 This currency was changed to a new currency and the old currency was withdrawn and this currency in circulation was issued currently

The subject is linked to several circumstances for sure, meaning the process of replacing the currency and deleting the travels requires an environment to make such a decision by the Central Bank and the government currently.

It invests in attracting the monetary mass that you referred to, the 92 trillion or more, to within the banking system, meaning the process of tracking the value of the Iraqi dinar requires knowing who owns this Iraqi dinar, and therefore perhaps Dr. Talj today the Iraqi government will resort to the Central Bank’s path to automating transactions and moving towards Ronnie cards and so on.

That is yes, it is the subject of financial inclusion, one of the government’s tools in the subject of moving the monetary mass towards the banking system so that we know where this printed Iraqi dinar is, who owns it.

This real dinar, interest rate policy and the possibility of moving interest rates, I noticed that the Central Bank raised interest rates to balances on fixed deposits, which contributed to withdrawing part of this monetary mass into the banking system, so when we want to implement this procedure, we need to cancel the money paper money and convert it into money within the banking system within credit cards, and then we can think about this subject, but in the current period, any reference to this subject.

It means that the Iraqis who own this free cash dinar are doing by replacing it with other assets, this issue leads to weakening confidence in the value of the dinar, which is traded on the boycott, meaning this issue, the issue of deleting zeros, is positively reflected in the issue of withdrawing liquidity from people and the market, and thus going to Iraqi banks, the Central Bank of Iraq specifically, until it is replaced, so people today are forced to replace their old money with new money, and they are forced to go to the bank, thus replacing this money or depositing it, perhaps at this time, means the withdrawal process and means getting rid of this printed money needs a system, meaning it does not resemble suspicion, suspicion of the mass of money in circulation, and tearing it up or destroying it and then replacing it with new currency requires that we be careful about where this money came from Iraqi section of those who hold the dinar.

The Iraqi is trying to launder money, meaning where did this Iraqi dinar come from, from this person. The problem is that there is a monetary mass outside the banking system, which may be drug trafficking, illegal trade. So when we say replacement at this time, it means allowing them to carry the dinar illegal to enter circulation through replacement, so we need to track the movement.

The Iraqi dinar also does not mean raising the prices of goods because whoever owns a free dinar is certainly with these events and with this news, he may resort to buying assets with this dinar, which leads to an increase in the value of assets, so I think that the timing is not appropriate. The appropriate thing is to plan to add value.

For this dinar, the dinar is well-printed, meaning it is not subject to counterfeiting. The Central Bank is keen to replace damaged currency, but the tools of the Central Bank Banks Iraq needs to be developed so that we encourage the dinar holders to enter the banking system and re-inject this money into income-generating projects.

Of course, we also need to spread the culture of point of sale and credit cards and expand the subject of cash transactions. Yes, track the movement of the dinar currently. The hard currency has been controlled, but the dinar cash that is in circulation. We do not know who is the owner of the final dinar. The serial number available to the Iraqi dinar when it enters the banking system, we know who is the person who withdrew this paper currency and where he spent it so that we do not have a market for money laundering. Does the Iraqi government have?

Today, Dr. Safwan, a specific and specific number for the monetary mass present in Iraq from the local currency or does it not have this information means the truth of the monetary mass. It rose from 45 trillion to 82 trillion. And you mentioned 92 or more, meaning in my estimation it is around 100 trillion, the level is supposed to transparency at the Central Bank is to announce the printed currency, of course, if we assume that it is 100 Trillion, the 100 trillion needs a dollar cover of no less than 65 billion dollars, which is what the Central Bank has in addition to the gold reserve in addition to covering the debts
Internal and external debts, the cash issued by the bank was released.

The Central Bank, yes, it was issued, but its recapitalization from during internal borrowing, it leads to an increase in the liabilities on the Iraqi dinar, meaning the bank.

The Central Bank does not only cover the value of the issuance, but it also covers the liabilities on the dinar. The current government is indebted to the banks Civil and also to pardon the government banks and internal debts of about 45 trillion as well as external debts.

So when we say that the Central Bank has reserves of 113 billion dollars, it is enough to cover the value of the issuances and internal and external debts, okay, great, so no problem today.

So if the government wanted to take such steps today, I mean from the beginning of our conversation, Doctor, on this topic, we are talking about the negative side, the negatives that this carries or carries the project, what about its positives with regard to the Iraqi economic situation if we want to delete today zeros, similar to many countries that faced economic crises, and there is a country that is not far from Iraq, which is Turkey, as you know, yes, the truth is the topic, meaning the positives:

1.Certainly, from the accounting point of view, currently the numbers are, I mean, S12 I mean records accounting is not enough for numbers, big numbers, in facilitating the task of numbers, big numbers, for sure.

2.It also needs to be narrowed down, the subject means the return of Iraqis to their memory in the seventies and the eighties when one dinar was equal to 3.3 dollars, as is the Kuwaiti dinar today, the riyal Saudi, this means restoring confidence in the prestige of the dinar, so the subject has a positive side.

3.But is the printed money mass issued by the Central Bank really inside Iraq Is it with people who have the legitimacy to obtain this dinar, so I think we have to think. Balley, who is the holder of this dinar? Financial inclusion achieves this subject.

The dinar printed within the banking system, we are assured that the holder of this dinar is legitimate because there are certainly those who bet even from neighboring countries on the Iraqi dinar, but outside the system.

The banker when we say, “Ah, Dr. Safwan” I mean, an Iraqi citizen who owns a local currency, an Iraqi dinar, how can he come or obtain this Iraqi dinar, if it is not included in the data of the Central Bank of Iraq and the serial number, as I mentioned, is it counterfeit? I mean, is it
printed outside the Iraqi government system?

No, the truth is, there are no fears of such a thing, despite the counterfeiters’ attempt to counterfeit. The value of the dinar or the printing of the dinar, but the Central Bank is keen to withdraw any counterfeit currency, but when we say, for example, that there are exports from sanctioned countries to Iraqi territory in exchange for a dinar Iraqi, is this dinar the Iraqi dinar that these countries have has been converted into foreign currencies or is hoarded by some merchants from these countries.

When we say replacement, it means that we have startedthe process of financing these countries with a new currency. We need to make sure that the printed monetary mass in the latest European printing presses is under control within the scope of the Iraqi. There are some Iraqis who are fronts for companies or countries that are sanctioned. The problem is not with the nationality of the holder of the dinar. The problem is where he got this dinar from. In order to be reassured that this dinar is legitimate, we have to establish the issue of financial inclusion so that we can move later to adding the value gradually and not directly. I mean, I tend not to delete the zero or two zeros or three zeros, but rather to gradually enhance the value of the Iraqi dinar, meaning that the central bank when it rises dollar reserves by purchasing the Iraqi dinar, of course, from the citizens.

During the increase in bank reserves or by replacing it with new financial instruments, thus reducing the money supply and gradually the Iraqi dinar can recover, meaning there was a plan promoted within the corridors of the Central Bank that the Ministry of Finance, if it could not fulfill its internal debts, which are around 45 trillion, by transferring real estate ownership to the Central Bank reserves or using the surplus of the Ministry of Finance to settle debts the Interior, to raise the value of the dinar so that 1 dollar is equal to 1000 dinars and gradually.

We can do this task without changing without changing the paper currency in circulation, yes, and I mean, does that affect the value of the currency, Dr. Safwan or the amount originally existing when people delete a zero or two zeros or even three zeros, it means the 000 dinar note is replaced if we delete three zeros it is replaced with a Dinar note. Will the value of this amount be affected for people or not? The value of the value remains.

The purchasing power is the same. No, the truth is definitely the purchasing power for assets, it does not decrease by the same value as the dinar. That is, someone who owns, for example, a million dinars, it is replaced by 1000 dinars. The value of assets valued at a million will not decrease by the same percentage. That is, for example, a property worth 500 million. A dinar is not sold. The owner of the property cannot sell the property for 500,000 dinars. So now, the decrease is sharp on the banknote and gradually on the rest of the goods until the subject.

Profit is the subject of the difference between the selling price The costs cannot be reduced by the seller, for example, from a million dinars or 500,000 dinars per day to 500 dinars, he cannot absorb this, so usually does not decrease at the same rate as it decreases the value of the paper currency, yes, okay, if Iraq wanted, meaning one day it decided to delete zeros from the Iraqi currency, doctor based on what is determined how many zeros should be deleted from the currency, meaning currently the Iraqi currency is linked to the US dollar, meaning the price the fixed 1320 dinars is equal to 1 dollar, so if a decision was not made to link the value of the Iraqi currency to the US dollar, meaning and bye-bye, there may be reserves to cover this decision by deleting the difference between the two prices and compensating for it, meaning, for example, the Kingdom Jordanian The Jordanian currency is now pegged to the pound. The sterling is currently pegged at a fixed price level of 1320, so we must determine whether we are doing an open market operation for the value of the dinar or a closed market and linking it in a unified manner with its currency.

Specific Iraq does not have sources to support the value of the dinar so far other than oil revenues. We need economic diversification. We need to increase the transparency of the dinar holders in order so we can remove the zeros and determine the fair value of the Iraqi dinar if, for example, the dinar Iraqi is covered by oil, meaning one dinar, for example is equivalent to one barrel or half a barrel. It is possible to link the currency to something specific, so it is determined from during this thing with gold, with oil, of course, with revenues other than
oil, there will be a fair value for this dinar, and we can thus decide how much ratio.

The reduction that we can resort to by deleting zeros, yes, based on data and reality.

The Iraqi economy, Dr. Safwan, and as you mentioned, the Iraqi economy is based on sales of Oil, in light of this data, will Iraq succeed if it wants to delete some zeros today from its local currency?

You mentioned that there are proactive steps for any country that wants to delete its zeros and should be the first: economic diversification, revenues from various sectors today in light of this data in the Iraqi economy, even if we remain on the rentier economy, will it succeed?

This idea, if it is not implemented, or will it actually fail, meaning that the Central Bank is supposed to have a strategy in determining the value fair for the Iraqi dinar, and where do we go with this value? Are we, for example, with integration with Turkey with the Hashemite Kingdom of Jordan with the Gulf dinar In terms of the environment surrounding Iraq?

I think that if there is a thought to have a qualified trade volume because we link (or peg) the Iraqi currency to stable economies (a basket of currencies), such as the US dollar, the yen the Japanese as the sterling pound or even the Chinese yuan through the Gulf currency, .

(Mnt Goat – he tells us they would need a basket of currencies of stable developed countries to link the dinar to. )

The unified Gulf needs a harmonious economic infrastructure integrated that produces a kind of monetary integration means that we do not think about adding value, but rather link this value to the economies of a system, of course this subject requires developing the tools of economic integration between these countries so that the value of the currency corresponds to the value of the production of these countries and also imports and thus we create a state of additional confidence in the Iraqi dinar, the Iraqi dinar in the fifties was linked to the sterling pound. The original point of the matter is to return to the pound sterling and if there is another vision from the Central Bank to link the Iraqi currency for example with the Gulf countries, we must start now to determine economic paths for integration so that we have a specific time. I believe that the Gulf countries have postponed this matter more than times to have an Arab currency unified or a unified Gulf currency, we defend the economies of these countries and support confidence.

(Mnt Goat: This unified concept has been kicking around for a while but will not happen until we are out of this investment. We can see just by the Iranian attitude this is not going to happen any time soon.)

By keeping this currency, I want to thank you very much, Dr. Safwan Qusay, and you are the academic and economic expert for all these clarifications.

You were with us from Baghdad in our second file, dear viewers, the problem of fluctuating exchange rates and the collapse of the value
of the Iraqi dinar against the dollar, the most prominent challenges facing the Iraqi economy.

The reasons are different and the result is one, which is the purchasing power of low-income people and the stagnation of the markets

And negative effects, of course, on the Iraqi economy. After relative stability during the week and the weeks past, the rise in the exchange rate has returned to the forefront again, and the Central Bank confirmed that this rise is temporary because Iraq has a reserve of hard currency that enables it to achieve balance. We will discuss more about this topic later.

The report has become the stability of the dollar exchange rate against the dinar, the greatest wish of Iraqis for about three years, due to the consequences and successive crises caused by the large price jumps that cast their shadows on the markets in general and low-income people in particular, despite the measures of the Central Bank to preserve the value of the Iraqi dinar and prevent the monopoly of hard currency from before Traders and speculators, but the crisis did not end, as the cause and instability did not subside.

Its pace for a short period until it rises again, causing confusion for citizens and paralysis and stagnation in the markets between the electronic window and travelers obtaining dollars exclusively from airports.

And forcing traders to deal in Iraqi dinars in their local transactions, the gap between the official price set by the Central Bank and the parallel market price is still large in light of the continued violations leading to the leakage of the currency to countries sanctioned by the Governor of the Central Bank, and during his hosting by the Parliamentary Finance Committee, he indicated that what Iraq has of reserves of hard currency is sufficient to achieve market balance, but he attributed the widening gap between the official price and the parallel to illegal trade and its effects by withdrawing large amounts of currency in illegal ways.

While a meeting with the American side was revealed in New York at the end of the month current to discuss the file of the sanctioned banks and the aspects related to the external transfer process.

Many factors control exchange rates, such as the increased demand for the dollar to finance imports. And the economic and political crises that burden citizens and require taking measures and solutions that ensure the stability of exchange rates in the long term.

____________________________________

For more, our viewers, on this topic, Dr. Ahmed Hal, Professor of Economics, joins us at Al-Mustansiriya University, Dr. Welcome to the Economics in a Week program on the screen change, if Dr.

We are talking about hosting the governor the Central Bank in the Iraqi Council of Representatives. In your opinion, did the Central Bank of Iraq fail today in managing the issue of the dollar exchange rate and also the sanctions on some banks Iraqi?

In the name of God, the Most Gracious, the Most Merciful. Greetings to you, my dear brother, and to the viewers of Al-Taghyeer Channel

Your Excellency, welcome. The beginning of the exchange rate crisis is a succession and not a spur of the moment, but

It worsened after 2023 due to the implementation of the US Federal Reserve platform and forcing the Central Bank to use this platform for transfers Foreign Affairs. Many economic circles and many officials Governmental, whether in the Ministry of Finance or the Central Bank or financial institutions and economic specialists in the exchange rate issue believe that the platform will lead to pressure on foreign transfers, but unfortunately during the year 2023 and 2024 after the growth large with electronic payment cards and forcing society to use the payment card electronic and forcing merchants and companies to use electronic payment in dinars Iraqi and internal transactions also in Iraqi dinars and it did not work with these methods but rather exacerbated the exchange rate crisis because many transfers through these cards and electronic wallets as well as transfers launched by banks including called direct transfer that occurs between the clearing house between internal banks some banks internal and external banks did not work for example the closest example to the issue of inflation sales at the central bank and this is something the prime minister himself mentioned that it means in the past before the position is available the prime minister said that more than approximately 30% is correct that it means the transfer from these 100% ratio is that 30% of the external transfer is correct and the rest is smuggling, meaning it is the same and what he mentioned, but in fact he and many officials in the economic field did not understand the real problem of the exchange rate.

(Mnt Goat – so what is the real problem with the exchange rate according to this economist?)

The real problem of the exchange rate has multiple dimensions, meaning today I do not want to exonerate the Central Bank and say that it is not the responsibility on its shoulders nor Law No. 56 of 2004. The main goal of the Central Bank is to maintain monetary stability. This is the first goal of the Central Bank, and after that the intermediate goals
and the final ones fall, but I remind you that there are multiple dimensions to the issue of the exchange rate and not one dimension
represented by monetary policy, but rather or let me remind you so that we do not leave this point this week.

The interest Sunday the Central Bank sold $281 billion a thousand 281 million yes a dollar a million dollars and the bank or two banks that own 95% of the platform through external transfers are only two banks 95% what are these two banks.

The reasons what is the work of the rest of the banks what is their work what is their work is it that they work discounting transfers. The treasury and that means buying transfers from the Ministry of Finance as well.

Loans are an initiative of the Central Bank and so on and this is a fact that does not develop the banking system and is reflected on the real sector today, Monday, the Central Bank sold $279 million also one bank is the governor.

Dominating this issue Tuesday $283 million and this is the largest sales for the bank. The Central Bank during this period, meaning during the current government, meaning it is assumed that the Prime Minister gave a clear plan and vision in the curriculum. The government, but it really did not control and was shocked by some things on Tuesday 283 million and on Wednesday 274 and also on Thursday 69 total sales during the past week. One billion and 386 or 1,386,000,000 for the week. This means this amount is real if compared with the invoices that came out of the platform and the goods corresponding to these invoices. We will find a huge difference between what entered Iraq of goods and services.

(Mnt Goat, meaning goods and services in the physical do not add up to the money spent on them. So where did the other money go?)

It could be in kind and it could not be possible to be material and immaterial goods and services that make up this amount. We mean by it games, but there must be a percentage and proportion, meaning always when they were talking about this point, Doctor, is the role of the Customs Department in this matter, the Tax Department is also in this?

The subject is if there is any import license given to any merchant or any bank imports a certain commodity from outside Iraq and you know that Iraq is based on imports by more than 90%, so here perhaps lies the biggest problem, so it must come with invoices or official papers proving the value of these goods with what was taken from dollars, our dear professor, let me explain to you, excuse me, that these sales 95% are not the real target, which is the merchant, meaning there are things that fall within the platform that we do not know about the citizen, the Prime Minister himself does not know about them, he may know about them himself, the Prime Minister Council of Ministers because there are technical things related to banking aspects and these have orders and specialized technical issues minutes so that it is easy to transfer large quantities of dollars and store these quantities in a group of countries that control this dollar and then this person or this bank or this company sells this dollar through a black market clearing. Notice, the target is the real one who sells the dollar, not benefiting from this dollar, but benefiting from it from the black market. Yes, in this case, in this case, Doctor, when these parties obtain these large amounts in dollars and transfer them outside Iraq by any means, meaning to transfer legal or even illegal, unless it is disclosed to the Iraqi government or to the US Federal Reserve to know that this party that transferred the dollar, then these banks were subject to sanctions, no, no, they are them, they transfer legally.

I will ask you how, how is it stored invoices are a small group of traders, we call them the unorganized trade, trade active inside this country needs dollars to finance imports, which means real trade?

As for these traders, there are companies registered with the Ministry of Commerce that collect shipping bills large, meaning that if this trader applies to a bank or a bank that is not financing his internal trade, no he gives dollars for the purpose of financing his internal trade, and this means that these traders constitute 70% of domestic trade, note that 70% of domestic trade constitutes these people put pressure on the domestic market. Look, we are coming to convert 95 to 97% of this externally.

(Mnt Goat – here is the exposure of how they find this illegal money transfer. Read on,,)

Externally, yes, and this same amount did not match with customs due to the lack of a tag between the bank.

(Mnt Goat – he then talks about solutions to the problem. Read on,,,)

The Central Bank and Customs are organizations. We said a long time ago that the problem is not related only to the Central Bank. There must be financing and exemption for trade Interior for business owners, small traders for a period of five years from the tax first, I until the exchange rate stabilizes from the tax first, and until we reach the real target and what the bank needs only is.

The one who controls this issue, we exempt from taxes for a period of five years and we exempt from fees for a period of five years and we issue him a merchant card that enables him to easily import what he needs through his card electronic payment via the Internet and we impose on this merchant a shipping policy from customs that matches what is transferred to him of the dollar and this merchant that I am talking about represents a large segment of small traders

And it represents great pressure on the exchange rate in this way, we can reduce the exchange rate level and it could reach the forties, meaning it could reach 40, and this is an acceptable condition as long as Banks the current one or two banks as well as a group of companies

The I and B companies only control and monopolize the foreign exchange and give great privileges for the foreign exchange. The exchange rate will rise later. In addition, whenever government spending increases, the size of the budget increases, and oil prices rise, this will lead to a very large increase in the exchange rate because we said at the beginning of the episode that the problem is the exchange rate.

It is only related to the Central Bank. It is related to the industrial sector, which is destroyed for us. Almost 70% of Iraqi factories are destroyed. This pressure on government spending goes to imports, and whoever goes to imports, we will put pressure on the domestic market that requested the dollar so that we can cover trade.

The domestic market is only large traders and large companies with large capitals. They are first they themselves also evade taxes because of the deception between them and the tax officials, meaning there is a very large percentage of tax evasion and also taking out dollars or sending dollars to abroad in exchange for goods and services that are not real, meaning there are goods and services that are not worth what came out of the dollar and therefore there are figures controlling the issue of the currency or the platform, is this a fault of the government,

Doctor, is this the fault of the government, meaning when you said a little while ago that there is a bank or a party or two parties that we call it that control most of the sales of the currency auction in the bank today , the central bank?

Is this the fault of the government or the fault of the central bank or is the central bank selling the countries of the dollar to which party today buying it from the legal aspect, the central bank tells you that I am what I receive a request from the dollar is food until I reduce the gap between the official price and the price the parallel, but this has become a national security problem and a social problem, I mean, and an economic problem?

And a political problem that greatly affects the country. Who are we? Answer: The Central Bank is the only one who finances and feeds the existing demand is one of the mistakes. Really, how can we finance these imports, most of which are non-domestic imports with a policy that imposes a tax on them that is less than the tax imposed on the same goods from the ports border from the south or from the air border ports.

Okay, so in addition to that, excuse me, regarding your question, in addition to the government, because this is considered one of economic crimes. I mean, who is now prosecuting the government for its mistakes? I just want to know I mean, who is prosecuting me because this 20% difference is a very big difference that is coming to bear on the citizen means that among the goods, food goods are also high in price.

If you notice the reports of the Ministry Planning, there are goods that constitute the food basket, the big thing for the Iraqi citizen, their prices are also high, real estate prices are also very high inflation has increased, yes, inflation in general, so the problem does not lie in a shortage today, Doctor.

The dollar in the Iraqi market, the Central Bank pumps dollars into the central market, but there are some procedures taken by the weak-willed or some merchants or some whales, call them what you want
exploit the dollar and the price difference and go in the end to the black market if we wanted today as a government.

I mean, in fact, we said at the beginning that the methods are to reduce and raise the exchange rate and impose on the citizen to deal in the dinar and impose on the citizen to take the card Electronic.

I mean, these are issues, unfortunately, media issues that we can use as media to cover up a very difficult problem, I mean, these are the tools that can be saved from using the dollar based on the use of the dollar in the country, the problem is bigger than this can solve.

These tools are sterile tools and have become a thing of the past, the government cannot solve the issue of the exchange rate. The exchange rate is this simple, if it wants two solutions, there are on the short-term and on the long-term.

First, the banks and the A&B companies are happy, of course, on these profits that I mean, I don’t see a specific bank increasing its profits or its assets, the assets increasing from 500 billion to 5 trillion in five or six years, what is this business?

Shamad, depending on the auction of Uncle Doctor Of course yes, the dollar is the dollar and bonds the Treasury, the interest on Treasury bonds and the Central Bank initiative loans, these are the three things that the banks are supposed to do, and they are supposed to do a very large development work, finance projects.

The industrial and agricultural projects are supposed to be exclusively financed by these banks, by working in the real sector.

What made me leave 81 banks operating in the country, and these 81 banks benefit either from the auction currency or through the Central Bank’s population initiative and through auctions and Treasury transfers.

The American, even if it stopped and it has been working for very long years, meaning huge capital the banks’ money is one of the reasons for it, the government decisions that support these banks support them
to a large extent, but the banks did not produce a real economy, and this is the goal of the bank and development in Iraq.

(Solutions: )

Back to the Ma’rouf issue, yes yes I said two solutions:

1.One on the short-term level, limit the 70% of foreign trade with trade facilities.

The internal, excuse me, which concerns the owners or small traders, these coordinate with the Baghdad Chamber of Commerce. As I said, tax exemption, a merchant card, an import card, and so on details yes because in any case, first they bring in imports through tax evasion, they are tax evaders, and second they come to pressure the market, they buy dollars, so they keep buying dollars.

So that they can finance their foreign trade, this is on the short-term level, I give them credit facilities

Unlimited and I demand them with a large-scale policy, meaning I make myself a branch of the bank branches, for example, TBI, a recognized bank with it and it has a large correspondence It’s easier for these traders and then the other second solution which is in the short term.

2.Traders and then the other second solution which is in the short term

I will create a sub-department within the General Authority of Customs and within the land border crossings and the air and all the crossings and the northern ones in particular because there are companies that are coming to register in the north and have not paid taxes to and are practicing their work in Baghdad and have not paid the tax to Baghdad, they pay it to the north.

Consequently, the north (the Kurdistan region) and the region will not give the taxpayer as stipulated by the law (the money of the taxes into the general budget fund) the budget, but the government will continue to finance the public expenditures in the region, this is on the short-term level on the long-term level, impose on these banks that if you want, banks, whether private, investment, industrial or agricultural, I will give you credit facilities.

Very large if you finance me, for example, a factory for consumer goods that is coming It consumes it and I made it self-sufficient in the industrial sector with these goods, meaning that I direct every bank to a specific industry.

What will this do? This will limit imports because there is a commodity for a commodity foreign and with credit facilities, so it will reduce the level of total demand and thus the demand for imports and then the demand for the dollar and then the demand for reserves at the Central Bank, which is the prestige of the Iraqi economy, the truth is that international reserves if they decrease.

Today the Prime Minister may be very lucky, but his results are really negative and we are here to monitor the data and we are here to monitor the indicators and give him that we tell him these indicators are negative despite the large economic and political presence that it enjoys, it was not able, unfortunately to achieve very big results, for example, on the exchange rate level and the financial level Economics.

Excuse me, my time is up, Dr. Ahmed Hall, you are a professor of economics at Al-Mustansiriya University. I want to thank you very much for your presence and for these clarifications and information. Thanks also to you, our dear viewers, for following the episode another next week, God bless you

(Mnt Goat – after reading Dr. Ahmed Hall interview comments you can now tie this to the new strategy of the economic model. You can read more about this new model they are doing in the article titled: “ PRIME MINISTER’S ADVISOR: THE GOVERNMENT HAS ESTABLISHED A ROADMAP FOR THE ECONOMIC MODEL IN IRAQ”. The economic model is a mathematical model used to represent the economy and analyze the behavior of various economic factors, as these models are used to understand how economic elements interact,” You can see how this new model is coming direct from the economists)

Auf Wiedersehen

Much love to ya all,

Mnt Goat

Willkommen

https://videopress.com/v/fyBBgvSa?resizeToParent=true&cover=true&autoPlay=true&playsinline=true&preloadContent=metadata&useAverageColor=true

What is really going on with this Russia vs Ukraine conflict?

You do want to know the facts, don’t you?

You are not going to get the facts from the major news media stations. Either they don’t know what is really going on or don’t care to research, or they do know and are being told not to broadcast it. Instead, they push the narrative the Biden administration wants them to push. So, now at about a month into this invasion has anyone told you as of yet why Russia attacked Ukraine? No, there has not been any explanation. One country does not just attack another country in this day and age. So, today let us get down to the TRUTH as to why Russia attacked Ukraine. But remember this is multi-faceted and complicated.

First let me assure you this is not the start of WW3, but it is very unfortunate that innocent lives have to be sacrificed for the sake of power and control.

Let us take a step back to 2014 and see what was going on in Kiev Ukraine back then….

https://rumble.com/vxntrb-oliver-stone-ukraine-on-fire.html

You might want to watch this prophetic word next. Go to about the 16:00 mark.

Is the Biden administration just a puppet of the globalist new order? Is he just supporting a global agenda item in not reacting to this situation appropriately? Is someone dictating to him how to react? Maybe his dementia is as bad as we all thought? Let us look at the facts.

First lets watch a prophetic words from God given by Kim Clement almost a decade ago about Russia and Ukraine.

https://video.wordpress.com/embed/RLtaMhvh?cover=1&preloadContent=metadata&useAverageColor=1&hd=1&metadata_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJpc3MiOiJ3b3JkcHJlc3MuY29tIiwiaWF0IjoxNjU0MDMwNjkzLCJleHAiOjE2NTQyMDM0OTMsImJsb2dfaWQiOiIxOTE2ODY2MjEiLCJndWlkIjoiUkx0YU1odmgiLCJhdXRoIjoidmlkZW9wcmVzc19wbGF5YmFja190b2tlbiIsImFjY2VzcyI6InZpZGVvIiwiZXhwaXJlcyI6MTY1NDIwMzQ5M30.DuMApV6wGdrFlnI-7oeqeW1FEOFINaMwDfDkJ4ZJmYUKim Clement 2014

FACT: This ongoing turmoil in Ukraine has once again sparked by debate about European energy dependence on Russia for natural gas (LNG). That debate is not new and has been revitalized repeatedly since the first major supply disruption in 2006, which took place after several decades of fairly stable supplies.

For the EU countries, there are long-term plans by the G7 that will exclude a significant share of Russian natural gas in supplying their energy needs for Europe. But how does the G7 countries make such a drastic change? How do they pull it off?

What is the long-term goal of this coming energy source switchover in the EU from Russian LNG?

Overall, the utilization rates of LNG regasification capacity will increase substantially in the coming years in Europe. In due time, LNG from North America is expected to be competitive in parts of Europe, particularly in the U.K., Netherlands and Belgium. However, it is important to emphasize that our analysis suggests that LNG should not be seen as a substitute for Russian natural gas, but rather as a substitute for declining European domestic natural gas production. Can you see why there is no overwhelming response by any of the EU and NATO countries over this invasion by Russia?

Do you think Russia is just going to stand by and let it happen? Is this free enterprise and capitalism? Remember Russia is now part of the World Trade Organization (WTO). There will have to be some adjustment in markets. Is Russia just reacting to this G7 plan?

Is the European Union (EU) and United Nations (UN) really behind the cause of this invasion into Ukraine? Is this just another energy conflict? What will this conflict amount to in the long-term?

We know for a fact that weening off of Russian energy has been a long-erm goal of the EU for almost 2 decades. So now we are witnessing a very drastic policy interventions, to make the change expected in the European gas supply mix for LNG.

Why now?

It is now time to enforce this changeover as they found a weak president in the US that was necessary to allow this to happen. This shows us the clout of the EU under the One World Government concept. Remember the power of this One World Government is still in its infancy stages, but the more you allow them to have the more they will take.

But there is also much, much more to this story as to why the U.S. Biden administration is not supporting is NATO allies with Ukraine.

FACT: The Republic of Georgia wanted to sell LNG to Ukraine and so Russia stepped in and attacked Georgia back in August 2008. Only we did not get the truth then either about why this conflict actually was taking place. We were all told that time it was a humanitarian conflict, as they needed to hide the real reason.

FACT: Under the presidency of Obama, his vice president Biden traveled to Ukraine. Later his son Hunter Biden becomes a member of the board of directors on Boersma Energy on an absorbent salary. This is of course money laundering for Biden family to force Ukraine and give U.S. clout to change over from Russia LNG gas lines to Boersma gas lines coming from Romania and other countries. This is of course bribery and a quid pro quo. This was yet another attempt to try to complete the G7 changeover of energy in Europe since the Russians in years prior stopped the LNG pipeline from Georgia.

https://video.wordpress.com/embed/UXP42i24?cover=1&preloadContent=metadata&useAverageColor=1&hd=1&metadata_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJpc3MiOiJ3b3JkcHJlc3MuY29tIiwiaWF0IjoxNjU0MDMwNjkzLCJleHAiOjE2NTQyMDM0OTMsImJsb2dfaWQiOiIxOTE2ODY2MjEiLCJndWlkIjoiVVhQNDJpMjQiLCJhdXRoIjoidmlkZW9wcmVzc19wbGF5YmFja190b2tlbiIsImFjY2VzcyI6InZpZGVvIiwiZXhwaXJlcyI6MTY1NDIwMzQ5M30.-QxwhqpKfWiSYMnlLzdma_JuElVhRV-6W6E-cqnW6v8From 2008- Pay particular attention to the last 10 minutes.
Does this news media broadcast sound familiar?
Yes, its is like De Je Vu with the Ukraine news today. iI this coincidental?
Same old scenario, just a different day and country.

How did this effect the Trump Administration?

Remember under the Trump administration in 2019 there was an issue with this energy crisis in Ukraine too only we, the general public, were not told the TRUTH about what was really behind all the accusations of a Quid Pro Quo with Trump. When the Trump administration started it’s investigation of Boersma Energy the deep state, under Obama/Hillary and Biden, quickly changed the direction of attention on the real issue of energy and tried to force false allegations about Trump and corruption (which simply did not exist). Later Trump was accused of a Quid Pro Quo from a phone call to Ukraine to try to learn more. The democrats then tried to harass him into submission. Then even later the democrats tried to impeach him over doing his job as president in dealing with Ukraine.

When Trump visited Russia, he talked extensively with Putin and got the truth. Do you remember as a result of this visit the news media and corrupt democrat politicians even tried to silence any real accomplishments out of these Putin meetings with again accusations of corruption and colluding with Russia (who, by the way was not the enemy of the U.S. as the Iron Curtain has already been torn down decades ago). This was accomplished prior to these Quid Pro Quo accusations. So Trump was already ahead of this crisis when this Quid Pro Quo stuff came out. The democrats were only trying to do damage control by subverting the attention to Trump away from themselves.

Trump then sent Rudy Giuliana (his lawyer) to Ukraine, and Rudy received all the files on why Hunter was being investigated by the Attorney General of Ukraine. Boersma Energy had to back off. The issue settled down and all was quite again. But later Trump was bashed and accused of being buddies with a communist country which was in fact not even any longer communistic. Didn’t anyone tell these democrats the cold war was over? Isn’t Russia a member of the WTO? The democrats also wanted to “package” this idea in the minds of the general public in the U.S. population that “once again Trump was colluding with the Russians”. Really? Kind of like a told you so. But in fact, it was all just rubbish and made up nonsense by the democrats. I have to hand it to them though it was a really good propaganda effort by the major news media.

Then in November 2020 Biden steps into the US presidency.

Then a years later in 2022 this issue of energy supply with Ukraine starts back up. Coincidence?

We are being told the latest G7 meeting strategized with many policies as to how they would orchestrate this LNG changeover in European countries.

I don’t want to sound too negative on this LNG change over since aren’t we supposed to have competitive markets in a free-capitalistic economies? Right? So it this really what the EU and G7 stands for?

There are other important issues to remember here:

1.Russia using military force to force the continuance of Russian LNG. Why are they doing this?

2.The conflict of interest with the Biden family under Boersma Energy to supply LNG over Russian LNG

3. The U.S. not supporting our NATO allies over this situation now occurring in Ukraine with sanctions or preventing Russian attacks. Maybe the U.S. could supply weapons to fight off Russian aggression? Why has Biden not yet done this?

4.Who or what organization is really behind orchestrating the cause of what we are now witnessing in the Ukraine?

There are all so many questions yes to be answered and so we all should not be so quick to judge who is the bad guy and who is the good guys in this situation. I am not defending Russia as they are killing innocent people needlessly. Someday soon the TRUTH will be exposed and someone will cover this story in an honest news media channel. But to me right now, it essentially looks like Biden is getting paid off to look the other way, as his son Hunter is influencing Boersma Energy usage in Ukraine and the EU. The investigation of Hunter Biden is already in motion with the lap top evidence. So it will not be long.

Russia, by not backing off, is a major problem for president Biden and will most likely be yet another downfall of his administration, like Afghanistan. This is going to haunt him.

FACT: Trump administration suspected something wrong with the LNG situation way back in 2018. Trump then visited Putin and learned all about what was going on. That was a primary part of his visit. Does Trump support free enterprise and allowing the EU to phase out Russian LNG?

Yes, of course Trump does support a free enterprise system but not the globalist agenda. This is at the heart of the problem. He saw the potential for the EU backed by the UN to use NATO forces as their globalist strong arm to force Russia out of the LNG market in the EU beginning with Ukraine. I ask you how do you feel about these globalists using NATO forces for their globalist schemes?

This does not sit right with me and the EU also knows of our sentiment as this is predictable. Is this why the EU wants to build up its military forces and actually have its own EU Miliary forces independent of any NATO forces? Yes this concept as been in the making now for years and all they need is the funding.

Is this dangerous for the security of the planet? Will the EU go to any means to secure their globalist agenda even at the risk of war? Oh…but they say it’s not the EU its the UN behind all this corruption. Think about this —> Adolf Hitler conquered almost all of Europe in the 40’s and had absolute control over it. How many bullets, tanks and bombs did it take for the UN to obtain control over all of Europe with the concept of the European Union (EU). Remember that “absolute power corrupts absolutely”. The EU was promised to be solely an ‘economic solution” so how does having its own military forces then be justified? It does not take a rocket scientist to see how the EU is nothing more than the foundation for the One World Government.

Remember also that the Iraqi wars were not about freedom and democracy but rather about securing the oil and more importantly securing the revenues from it since 2003 as the Iraq people have been ripped off. Where did all this revenue go? They now blame COVID and ISIS for all this loss of revenue but in reality the drop in oil prices did not occur over night. Through the decades since 2003 there has been enormous spikes in oil prices and so where did all these billions go? Can’t come up with these false narratives to justify missing stolen money. Iraq is still is shambles and their currency is still almost at the worthless rate. But we know the true VALUE is not reflected in its RATE. We are not stupid.

But the situation may get worse as they will now try to create the same nightmare in Ukraine they created in Iraq only this will be a free for all for the corrupt Russians. We know these US politicians really don’t give a damn about what happens in Iraq since they already exchanged their currency and made billions in 2012 and 2013. This was all part of the stolen billions. How can they legally justify their exchanges since the rate was legally only 1/8 of a penny and not even yet on FOREX? if they can trade their holdings why can’t everyone else? Many of these politicians literally entered one room of the bank, purchased dinar and then exchanged it in the next room. They had inside information on deals with China and so where able to take advantage of enormous rates on the dinar. if it wasn’t for some major protests by the dinar investment community, they would have consumed all of the contract pool. They can try to justify it since the Central Bank sets the rate (program rate) as long as they are not yet on FOREX. But this all boils down to corrupt U.S. politicians.

Could this be the delay in holding off the FOREX reinstatement for so long? Is this now catching up to them and their corruption schemes are about to be exposed? Do they really have any interest is seeing Iraq survive and prosper now since they already rapped and reaped money from the country?

Do you see now why the democrats tried to twist the facts and accuse Trump of a Quid Pro Quo in Ukraine to get him out of the picture and confuse what is really happening in Ukraine and with the LNG. This goes much deeper than Biden corruption and Russia. This is a globalist agenda item and it is all spelled out in the plans of what they want accomplish for energy supply in Europe. This is a blueprint of what happened in Iraq for oil only Russia is now attacking not the U.S. and for LNG sales.

There is always a money-making scheme in the background we just need to research to find it. Once you have control and power you can do anything you want…. even kill innocent people…..