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 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.    

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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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:

                                         

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: 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

“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

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.

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.

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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.

“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.

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!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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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:

August 28, 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.    

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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Matthew 10:8

“Freely you have received; freely give”.

More news….

WITHIN 3 YEARS, THE CENTRAL BANK DOUBLED ITS GOLD HOLDINGS.

(Look who’s ragging again….showoffs…lol..lol..)

The structure of the Central Bank of Iraq’s assets witnessed a significant shift between 2022 and 2025, with the bank doubling its share of gold reserves.

Economic expert Munir Al-Obaidi explained in a post monitored by Dijlah News that “the distribution structure of the Central Bank of Iraq’s assets witnessed clear changes between 2022 and 2025, as the percentages of contribution of different categories to the total assets changed during this period.”

He pointed out that “securities maintained their position as the largest component of assets at 27% in 2025, but this percentage represents a significant decrease compared to 2022, when it was 37%.” That “gold reserves have witnessed a significant leap, as their contribution rose from 6% in 2022 to 12.6% in 2025, reflecting a trend towards strengthening solid assets within the Central Bank’s reserves,” adding that “similarly, the percentage of Central Bank deposits with other banks rose to 26% compared to 24.7% in 2022.”

More news….

CHAIRMAN OF THE SECURITIES COMMISSION: IRAQ IS STEADILY MOVING TOWARDS BUILDING A DEVELOPED ECONOMY.

Chairman of the Iraq Securities Commission, Faisal Al-Haimus, affirmed on Wednesday that Iraq is steadily moving towards building an advanced economy based on conscious leadership and strategic planning. He added, “Holding the forum at this time reflects a deep awareness of the economic and technological challenges and transformations,” stressing that “the future is not made by chance, but by will and planning, and that the visions and recommendations emerging from the forum will be an additional building block in the journey of an ambitious nation seeking to consolidate its regional and international standing.”

More news….

WITH ANY POTENTIAL STRIKE, TRUMP IS “NO LONGER RESPONSIBLE” FOR IRAQ AFTER HIS WITHDRAWAL TO KURDISTAN.

Maan Al-Jubouri in a pessimistic comment

Security expert Maan al-Jubouri warned Tuesday of the fragility of the region’s geopolitical landscape as the US military redeploys from Iraq and relocates to the Kurdistan Region. The Syrian border remains a threat, and ISIS is taking advantage of the chaos to adapt through thousands of foreign fighters and supporters in the region. The ultimate outcome, he said, will be for Washington to distance itself from any developments in Iraq, whether terrorism or a potential strike.

STATUS OF THE RV

These Newsletter these days are getting longer and longer. The news is just pouring out of Iraq and…. its all VERY GOOD news!

Again, I have to say there are conditions the U.S. is expecting for Iraq to complete prior to any reinstatement. Can something happen that overrides these conditions and allows Iraq to move ahead yet more quickly? Timing is a key component. In today’s Newsletter I outline one such condition on a bit of news we got that might just do that, but again how long will it take for it to take affect?

These conditions are also listed out in my Newsletter dated 8/12.

Here is a brief list of these items:

1.Ten Private banks must comply with international standards or else: The backwall date is Monday Aug 31st. Most of these banks have been given a waiver until the end of year with justified reasons. Efforts have to be ongoing. This again points to a possible Jan 2026 Reinstatement.

2.Expulsion of PMF from Iraq: The law proposed to incorporate these Iranian forces into Iraq as a separate permanent security force has been retracted, however the U.S. is still mandating they leave Iraq altogether.

3.Oil and Gas Law must be passed in Parliament to meet the 2005 Iraqi Constitutional Requirement. Significant progress is made in this area. We can expect to finally see an Oil and Gas Law presented to parliament for a vote soon.

4.The battle of the Parallel market vs Official Rate of the dollar CBI. There was a bump in the road as the dollar rose to over 1440. It is expected to decline in the coming period.

5.CBI must find ways to collect nearly 80% of the currency still outside the banking system.

Where do these issues stand today?

Let’s look first at the HCL. We know that the Oil and Gas Law (known as HCL) is mandated as part of a stable government and must be fully implemented into law according to the constitutional enactment. Currently there is ONLY a DRAFT HCl law and it has not yet reached parliament for a vote even. And so please don’t let all these idiotic intel gurus tell you otherwise. Believe me this is factual and you will understand this especially after today’s news.

😊In the article titled “THE KURDISTAN REGION DELEGATION’S MEETING IN BAGHDAD ENDS WITHOUT REACHING A FINAL AGREEMENT.” Last week we read that the Kurdistan and Baghdad government reps were to meet to try to finally settle all disputes. How many times have we heard this before, so we were skeptical this would get done. Well…. well…. guess what? We were right. A source in the Kurdistan Regional Government’s Ministry of Finance announced that a delegation from the region met with the Iraqi Ministry of Finance to discuss that last items of contention for the Oil and Gas Law. This may seem weird by the item was about Kurdistan and the turning over 100% of the non-oil revenues collected to the Federal Govt (GOI) in Baghdad. Unfortunately, they did not reach a final agreement and will continue the meetings. Again, why should the GOI pay out the salaries, if the money collected from the non-oil revenues is kept by the Kurds? They can use this to pay the salaries. The new Iraqi constitution of 2005 clearly states that these non-oil revenues be paid to the Federal Govt. We need these salaries to be paid on a regular basis and not be used as a tool of manipulation for political reasons. You might ask what does non-oil revenues have to do with the Oil and Gas Law? It has everything to do with it as this next couple article ties it all together for us.

😊Here is yet another article on this topic titled “PARLIAMENTARY FINANCE TO NINA: A HIGH-LEVEL GOVERNMENT COMMITTEE TO FOLLOW UP ON THE IMPLEMENTATION OF THE AGREEMENT WITH THE KURDISTAN REGION.

“The Parliamentary Finance Committee reassured the parliamentary and political circles about the progress of implementing the agreement with the Kurdistan Region regarding oil revenues and the dues of the region’s employees in the general budget.”
  

😊Also this article titled “KURDISTAN REGION PRESIDENT: BAGHDAD IS OUR CAPITAL AND THE SALARY CRISIS WILL BE RESOLVED SOON. ”Kurdistan Region President Nechirvan Barzani confirmed on Monday that the Kurdistan Region’s salary crisis will be resolved soon. He added, “Baghdad is our capital, and I intend to visit it soon,” noting that “the Kurdistan Region is part of Iraq, and I will go to Baghdad at any time.” He continued, “We are engaged in intensive negotiations regarding oil exports,” noting that “there are discussions with oil companies, and all our efforts are aimed at resuming oil exports through the region’s oil pipeline.” In this article they just connected the Oil revenues to the salaries. We can also see that Kurdistan is now reinforcing the fact that they are part of the whole Iraq, just a part of it and Baghdad is the main government, as the constitution states. This is all very good to hear. We don’t need Kurdistan breaking off from Baghdad government. This would be a disaster for us investors not a blessing.

😊In this next article titled “GOVERNMENT SOURCE: BAGHDAD DEMANDS THE REGION SEND 100% OF NON-OIL REVENUES”. By this article we can also see that non-oil revenues are contentious too. In the Iraq News Network – “Bilateral talks concluded yesterday evening in Baghdad between a delegation representing the federal government, headed by Finance Minister Taif Sami, and a delegation from the Kurdistan Region to discuss the Kurdistan Region’s non-oil revenues.” A source confirmed that today’s meeting with Finance Minister Taif Sami did not reach a final agreement. The meetings will resume on Monday in an attempt to reach a new agreement on the contentious issues between the two parties. The source indicated that the dispute revolves around tax and fee revenues, with Baghdad demanding “100%,” but the Kurdistan Region does not agree to this in any way. However, they agreed to pay on only 50% of customs and border revenues.

I bring you these last four article on oil and non-oil revenues because if Iraq is ever to become the financial giant they are proposing to be, all this revenue must be collected and sent to the federal govt not spend independently by Kurdistan or other regions to which is it collected. Remember I told you that if Baghdad could ever get uniformity and manage these customs and tariff revenues as well as other non-oil revenues it could rival the oil revenues. So, now we witness the issues from making this happen and so can they resolve these issues? Folks can you see how the article are just an “ongoing saga” of these five issues the US wants resolved?

😊So, now let’s catchup on at any progress of the next issue about the expulsion of the Iranian militia from Iraq in the article titled “BAHAA AL-ARAJI: WASHINGTON WILL NOT WITHDRAW FROM IRAQ AND THREATENS PARLIAMENT.”  I quote from the article “Former Deputy Prime Minister Bahaa al-Araji revealed on Sunday that the United States had sent threats to the parliament’s leadership to obstruct the vote on the law to expel foreign forces, (Namely Iranian militia) stressing that parliament “will not return to sessions” at this time due to these pressures. Al-Araji explained that “American forces will not withdraw from Iraq, and what is currently happening is merely a rationing of their numbers. He noted that some of the concerns of Sunni and Kurdish forces are legitimate,” referring to their concern about a potential security vacuum following any US troop withdrawal, adding that Sunni forces fear a US withdrawal” for security reasons.” Just to let you know. We DO NOT need a full withdrawal of all US troops in Iraq to get the reinstatement of the dinar. What Iraq needs is to be independent, sovereign nation and act like one. Having Iran via Iranian militia occupying Iraq does not prove their independence or sovereignty to the US. Remember the US has to signoff on the reinstatement not Iran.

In the news this period we also get one more update on yet another one of these five issues in the article titled “IRAQI MARKETS TEETER BETWEEN THE OFFICIAL AND PARALLEL CURRENCIES. A RELENTLESS STRUGGLE DRIVES UP THE EXCHANGE RATE.”

It appears that government measures and the Central Bank’s attempts to control the dollar exchange rate have not achieved complete success, as exchange rates continue to witness significant fluctuations in the markets, amid increasing pressures resulting from unofficially covered demand, smuggling operations, and the complications of recent customs decisions. The US dollar exchange rate rose in the markets of Baghdad and Erbil, to over 140,0, after successive declines witnessed in recent days, raising concerns among citizens and traders alike.

READ MY LIPS – the only sound way to stabilize the rate of the dinar against the dollar is to get off the sole peg of the dollar to the dinar. They know it and we know it. How can you expect to solve this issue when you are selling oil for dollars and still relying on massive payments for imports (mostly in dollars). SOLUTION: Get of the de facto peg to the dollar. Even an idiot can see the issue here. It’s time! Stop the demand for dollars! 😊

In this article they tell us three known reasons why this sudden surge in the black-market dollar. We can read about it in article. But I will add that ion these reasons given it seems that the CBI keeps treating the symptoms and now the cause of the decease plaguing getting these two currency markets aligned. They must tackle the root of the issue and just get off the sole peg of the dinar to the dollar. Stop selling oil in US dollar payments and start arresting this black marketeers street venders selling dollars. Afterall the black market is illegal and so start treating them like they are.

This is the news related to these outstanding issues. I will continue bringing news to you on these topics. Remember, however, that I told you I do not attest to following one or more issues to get the RV. There are also other issues too but these are the five the US has stated are most important. Once resolved what leg will the US Treasury have to stand on then? That is my point. Let’s see what happens.

As far as the reforms for the smaller banks (about 10) the deadline is coming near as they have until August 31 to comply with the banking reform policies of liquidity and inclusion. As far as collecting the outstanding 80% of the currency in stashes outside the banking system, I do not believe this can be resolved until they offer a rate greater than the dollar for the dinar to retrieve them. We know it and they know it too. This does not prevent the CBI from trying other measures while we wait for the US and other parties to give permission to reinstatement. Remember the CBI will keep moving along with the reforms. It is an ongoing process regardless.

On the subject of the PMF please read article titled ” Iraqi PM Reveals U.S. Warning Against Armed Groups if PMF Bill Proceeds” The Coordination Framework, which convened on August 22, ultimately decided to suspend the bill. Instead of pushing for new legislation, the government plans to issue guidelines aimed at addressing obstacles stemming from the 2016 law that originally formalized the PMF.

I quote from the article “Iraqi Prime Minister Mohammed Shia al-Sudani has told members of the Coordination Framework that Washington warned Baghdad it would target 16 bases of armed groups in Baghdad and other provinces if parliament proceeds with the Popular Mobilization Forces (PMF) bill, Iraqi media reported.”

There are a few articles by silly economists trying to establish evidence that the CBI should “devalue” the dinar to make through this difficult time for Iraq. Is it really a difficult time? Or did the drop in oil prices surprise Iraq and its 2025 budget. The good news is they did not borrow funds to meet their bills. I do not believe the CBI will devalue the dinar. They have already told us there is plenty of money in the reserves and then some, if needed, to meet all obligations. I don’t see any crisis in Iraq do you? Devaluations are a LAST RESORT like they had to do in 2020. Again there is NO CRISIS in Iraq! 😊

Just recent news told us that nearly 500 billion US dollars stolen from Iraq may be recoverable from foreign entities. Can you imagine if they can recover these funds? Even a partial recovery would be massive. Listen to today’s audio on this subject matter. WOW! Let’s keep this on our radar to watch as it might be the catalyst Iraq needs to give them the global confidence to launch the reinstatement back to FOREX and repeg the dinar to a basket of currencies. This could also send the Development Road project into high gear. The amount of Iraq’s reserves could then reach more than half a trillion dollars. Imagine… WOW. 😊 This could completely back the dinar and then some. There are not many countries that have this kind of reserves and financial stability.

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:

                                         

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

Prophetic Words from prophet: Julie Green

“MARTIAL LAW IS COMING”

You can start watching the video at the 11:48 mark. This prophecy is from Aug 18throphetic Words from prophet Julie Green:

“RUSSIA IS ABOUT TO RELEASE SOMETHING THAT WILL CRUSH THE ESTABLISHMENT (deep state)”

You can start watching the video at the 14:50 mark. This prophecy is also from Aug 18th

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HERE’S HOW TO MAKE YOUR ASSETS INVISIBLE FROM CREDITORS

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 MARKETS TEETER BETWEEN THE OFFICIAL AND PARALLEL CURRENCIES. A RELENTLESS STRUGGLE DRIVES UP THE EXCHANGE RATE.

(READ MY LIPS – the only sound way to stabilize the rate of the dinar against the dollar is to get of the sole peg of the dollar to the dinar. How can you expect to solve this issue when you are selling oil for dollars and still relying on massive payments for imports (mostly in dollars). SOLUTION: Get of the de facto peg to the dollar. Even an idiot can see the issue here. It’s time! )

It appears that government measures and the Central Bank’s attempts to control the dollar exchange rate have not achieved complete success, as exchange rates continue to witness significant fluctuations in the markets, amid increasing pressures resulting from unofficially covered demand, smuggling operations, and the complications of recent customs decisions.

The US dollar exchange rate rose in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, after successive declines witnessed in recent days, raising concerns among citizens and traders alike.

The Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded 141,600 dinars for $100, while the selling price in exchange shops in local markets recorded 142,500 dinars for $100, after the dollar recorded 139,000 dinars for $100 this month.

Experts believe that the continued fluctuation reflects the limited impact of government measures and the Central Bank, as unofficial market factors, such as demand related to trade with neighboring countries and smuggling through ports, continue to pressure the stability of the dinar.

These people point out that addressing the crisis requires broader solutions than just financial decisions, including reforming the customs system, strengthening control over border crossings, and revitalizing non-oil economic sectors to reduce excessive reliance on the dollar.

Expectations of Rise
In turn, economic expert Ahmed Abd Rabbo expects a further rise in the dollar exchange rate, noting that the previous decline was a result of the downturn witnessed in the markets, which created a state of anxiety in financial transactions.
Abd Rabbo told Al-Mada that “the talk about the suspension of some remittances and problems with online shopping led to a rush on the dollar in the parallel market, which will lead to a renewed rise in the price.”

He added that “stabilizing the dollar price requires practical plans and real market control, so that the Central Bank can understand the problems and seek effective solutions through the banking system,” stressing that “such steps will contribute to controlling prices and calming the market.” He pointed out that “seriously addressing the factors affecting supply and demand, in addition to monitoring parallel market movements, are key to achieving real stability in the dollar price.”

Traders point out that the gap between the official and parallel markets still exists, which opens the door to daily speculation and makes any temporary decline vulnerable to rapid dissipation. While citizens are optimistic about any decline in the exchange rate, concerns remain about a renewed rise, accompanied by a new wave of inflation that will put pressure on the livelihood of Iraqi families.
Three main factors

For his part, financial and banking expert Abdul Rahman Al-Shaikhly attributed the reasons for the fluctuations in the dollar exchange rate in Iraq to three main factors, stressing that these factors work together to increase pressure on the market:

1.Al-Shaikhly explained to Al-Mada that “the first reason is the scarcity of supply compared to the increasing demand, which creates a state of tension in the exchange market.” (Maybe if the need for the dollars decreased then there wouldn’t be tension to get more dollars  in the market, thus demand would be very low. Solution- don’t mandate selling oil for dollars…)

2.He added, “The second reason is the insistence of many traders on importing their goods from neighboring banned countries, especially in light of the Central Bank’s occasional delay in providing dollars to importers through official outlets.

3.The third reason is the price difference between the official market and the parallel market, which has encouraged speculators to take advantage of this disparity, especially in light of the current increase in demand.” (Gee Whiz- no kidding! ☹ This parallel market is illegal and can’t be controlled by the CBI under certain times. This is the issue)

He stressed that “understanding these reasons and taking measures to control supply and demand, in addition to monitoring price differences between markets, represents an important step towards stabilizing the dollar price in Iraqi markets.”

The Iraqi public had been optimistic about the decline in the dollar price in recent weeks, hoping that this would be reflected in price stability and a decline in commodity costs. However, the ongoing volatility has dispelled these expectations, after the price rose again, affected by the increase in demand that is not officially covered and the slowness of government solutions, which has left the public facing renewed concerns about a new wave of looming inflation.

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Iraq has completed all the technical files required to join the World Trade Organization

Minister of Trade Athir Dawood Al-Ghariri announced that Iraq has completed the technical requirements for joining the World Trade Organization after two decades of challenges.

Al-Ghariri stated in a statement that “Iraq has completed all the technical files required to join the World Trade Organization, after a negotiating process that spanned more than twenty years, during which Iraq faced numerous challenges and delays.”

The minister explained that “this achievement was accomplished during the term of the current government, through intensive, qualitative efforts that surpassed what was accomplished in all previous stages combined,” stressing that “Iraq is now in an advanced position paving the way for fulfilling the requirements for full membership.”

Al-Ghariri explained that “the national team concerned with accession, in coordination with the relevant ministries and sectoral bodies, and in partnership with international institutions, completed the review and update of all technical files, which included: the foreign trade system memorandum, the legislative implementation plan, agricultural support tables, the import licensing file, customs valuation, in addition to the sanitary and phytosanitary (SPS) and technical barriers to trade (TBT) files.”

He continued: “The team also prepared accurate answers to (175) questions and inquiries submitted by the member states of the organization, while the Iraqi customs system was updated to the latest version in line with international standards and enhancing Iraq’s readiness for the next stages.”
The minister confirmed that “the files will be officially submitted to the WTO Secretariat through diplomatic channels, in preparation for the next meeting of the working group.”

Al-Ghariri concluded by saying, “What has been achieved is the fruit of the government’s extensive support, continuous coordination with all ministries and national institutions, and the efforts of the Department of Foreign Economic Relations in leading this strategic path, with the goal of strengthening Iraq’s position in the global trading system, serving its national economy, and achieving sustainable development.

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EIGHT-TRUCK TIR CONVOY REACHES JORDAN VIA IRAQ

Turkish logistics company DMN Lojistik has successfully delivered a shipment of goods from Gaziantep, Türkiye, to Amman, Jordan, using Iraq as a transit route under the United Nations-backed TIR system.

According to a press release from the International Road Transport Union (IRU), the eight-truck convoy completed the journey in under five days, demonstrating the efficiency and security of Iraq’s newly opened TIR corridors.

It adds that since Iraq opened its borders for TIR transit earlier this year, transport operators have reported significant time and cost savings compared to maritime or multi-modal alternatives.

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AL-SUDANI: THERE ARE PARTIES SEEKING TO STIR UP CRISES BECAUSE THE ATMOSPHERE OF SUCCESS AND STABILITY PROVOKES THEM.

Prime Mnister Mohammed Shia al-Sudani affirmed on Saturday that there are parties provoked by success and stability and seeking to stir up crises and problems based on calculations far removed from religious, moral, or national standards .

Al-Sudani’s media office said in a statement received by Mail that the latter “received the executive management of the Supreme Council for Youth and the council’s coordinators in the governorates, on the occasion of the second anniversary of the council’s founding. He offered his condolences to those present and to the Islamic nation on the occasion of the anniversary of the death of the Holy Prophet Muhammad, may God bless him and his family and grant them peace, stressing that the Great Messenger is a role model for youth in honesty, integrity and work, asking God Almighty that everyone be among those who follow his path and approach .”

According to the statement, Al-Sudani congratulated “the second anniversary of the founding of the council, which represents one of the milestones he is personally proud of, due to his absolute belief that the country cannot rise after the rubble of four decades except through the youth, as they are one of our country’s most important resources.” He stressed that “the decision to form the council came to be an umbrella to coordinate the efforts made by ministries and institutions, as well as youth initiatives .”
He stressed the “necessity of focusing the efforts of all authorities and institutions on addressing the challenges facing Iraqi youth, who are distinguished by their intelligence, competence, potential, strength, zeal, and courage,” explaining that “the move toward investing in the energy of youth must be based on sound planning, far removed from emotions and fleeting events .”

He pointed out that, “Rebuilding trust requires a course of action with goals and priorities, according to an organized program. We will not pay attention to attempts to cast doubt on initiatives and proposals related to youth under the pretext of exploiting them for an electoral or political project, because the pillars of our entire project are youth .”
He added, “There are parties that are provoked by success and stability and seek to stir up crises and problems based on calculations far removed from legal, moral, or national standards .”

He explained that, “The largest percentage of Iraq’s population is young people, exceeding 60%, and we aspire to continue with this project and the initiatives it has presented, which have received a great response and interaction .”

He continued, “Our responsibility and work must be doubled, because the youth have placed their trust in this project and any defect will lead to its weakening,” pointing out that “the entrepreneurship project included (500) thousand young men and women who applied electronically, (91) thousand underwent training, (48) thousand passed the training, and (20) thousand transactions were completed to grant them project loans .”

He continued, “We are working to establish small projects in the near future to become medium-sized companies, which will then transform into large corporations.” He noted that “the Supreme Council for Youth’s beginnings are encouraging, and we are optimistic about achieving good results. There is proper work and follow-up on activities, and the government looks to the near future with optimism, and this is important for addressing the frustration of some young people.

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THE KURDISTAN REGION DELEGATION’S MEETING IN BAGHDAD ENDS WITHOUT REACHING A FINAL AGREEMENT.

Asource in the Kurdistan Regional Government’s Ministry of Finance announced that a delegation from the region met today with the Iraqi Ministry of Finance to discuss non-oil revenues, “but they did not reach a final agreement and will continue the meetings tomorrow.”

An official in the Ministry of Finance and Economy of the Kurdistan Regional Government told Rudaw Media Network today (August 24, 2025) that a delegation from the Kurdistan Region arrived in Baghdad yesterday evening to “discuss the Kurdistan Region’s non-oil revenues, and today met with the Ministry of Finance and Finance Minister Taif Sami.”

According to the source, the meetings will continue tomorrow and “no final agreement was reached today.”

The dispute revolves around tax and fee revenues, the source added, noting that Baghdad is demanding “100%, but the Kurdistan Region is not agreeing to that in any way. However, they have agreed on 50% of customs and border revenues.”

The Kurdistan Region delegation consists of the Director General of Accounting at the Ministry of Finance, Kofan Tahsin, the Director General of Taxes, Kamal Tayeb, and a number of directors general of the Kurdistan Regional Government’s Board of Financial Supervision.

Today’s meeting is a continuation of last week’s meetings. The Kurdistan Region delegation met with the Iraqi government’s ministerial committee on August 19, 2025, and the following day with the Minister of Finance, but they did not reach an agreement.

To date, salaries for salary recipients in the Kurdistan Region have not been distributed. According to the source, the official letter containing the latest Iraqi cabinet decision has reached the Minister of Finance, but she has not yet made a decision on disbursement. She is demanding that the conditions be met, namely the release of $120 billion in non-oil revenues and the resumption of oil exports.

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KURDISTAN REGION PRESIDENT: BAGHDAD IS OUR CAPITAL AND THE SALARY CRISIS WILL BE RESOLVED SOON.

Kurdistan Region President Nechirvan Barzani confirmed on Monday that the Kurdistan Region’s salary crisis will be resolved soon.

Barzani told the official agency, “The Kurdistan Regional Government is working to resolve the crisis of the region’s employees’ salaries,” indicating that “this problem will be resolved soon.”

He added, “Baghdad is our capital, and I intend to visit it soon,” noting that “the Kurdistan Region is part of Iraq, and I will go to Baghdad at any time.”

He continued, “We are engaged in intensive negotiations regarding oil exports,” noting that “there are discussions with oil companies, and all our efforts are aimed at resuming oil exports through the region’s oil pipeline.”

Regarding the formation of the regional government, Barzani stated that “negotiations are ongoing between the Kurdistan Democratic Party (KDP) and the Kurdistan Regional Government (KRG) regarding the formation of the regional government,” explaining that “there is no specific timeframe or date for this.”

Regarding the recent events in Sulaymaniyah, Barzani confirmed that “the Kurdistan Region issued a statement on the matter,” noting that “all matters are proceeding legally.”

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PARLIAMENTARY FINANCE TO NINA: A HIGH-LEVEL GOVERNMENT COMMITTEE TO FOLLOW UP ON THE IMPLEMENTATION OF THE AGREEMENT WITH THE KURDISTAN REGION.

The Parliamentary Finance Committee reassured the parliamentary and political circles about the progress of implementing the agreement with the Kurdistan Region regarding oil revenues and the dues of the region’s employees in the general budget.

Member of the committee, MP Moeen Al-Kadhimi, said in a statement to the National Iraqi News Agency ( NINA ), that “the federal government has formed a higher committee under the supervision of the Minister of Planning to follow up on the file of the dues of the Kurdistan Region’s employees and the revenues of exporting oil from the fields in the region’s governorates to the general budget.”

He added: “The government presented its vision to resolve the crisis with the Kurdistan Region, through a clear paper that includes the necessity of the region implementing the text of Article 12, Secondly / C, agreed upon in the General Budget Law, and resuming oil exports from the region at a rate of 400,000 barrels under the supervision of the national company SOMO, with the government paying $16 for the extraction cost for each barrel.”

He continued, “The region exports 250,000 barrels per day unofficially, and its funds are unknown deposits. The value of oil exports amounted to 4 trillion and 800 billion dinars annually for the years 2023-2024-2025, but the region has only handed over 700 billion dinars to the government. Likewise, non-oil revenues, including border crossings and taxes, amount to about 4 trillion and 700 billion dinars annually, the central treasury’s share of which has not yet been handed over. Likewise, the file of localizing salaries for Kurdistan Region employees in government banks has not been fully implemented.”

He added, “The ministerial committee will monitor and evaluate the implementation of the agreement with the Kurdistan Region and overcome any obstacles that may arise if the Kurdistan Region does not commit to paying its financial obligations to the central treasury, in coordination with the Federal Board of Financial Supervision, the Ministry of Finance, and the Central Bank.”

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BAHAA AL-ARAJI: WASHINGTON WILL NOT WITHDRAW FROM IRAQ AND THREATENS PARLIAMENT.

Former Deputy Prime Minister Bahaa al-Araji revealed on Sunday that the United States had sent threats to the parliament’s leadership to obstruct the vote on the law to expel foreign forces, (Namely Iranian militia) stressing that parliament “will not return to sessions” at this time due to these pressures.

In statements to the “Half Circle” program, followed by Kalima News, Al-Araji explained that “American forces will not withdraw from Iraq, and what is currently happening is merely a rationing of their numbers.” He described the recent statement by the US embassy regarding the expansion of terrorism as “merely a warning” and not an actual warning.

He noted that “some of the concerns of Sunni and Kurdish forces are legitimate,” referring to their concern about a potential security vacuum following any US troop withdrawal, adding that “Sunni forces fear a US withdrawal” for security reasons.

Al-Araji expressed his surprise at the “denial of the Popular Mobilization Forces’ role in liberating areas” from ISIS, affirming his rejection of the “foreign decision to dissolve the armed factions,” while noting that “some neighboring countries are wary of these factions,” without naming them.

On domestic politics, Al-Araji predicted that State of Law Coalition leader Nouri al-Maliki would support renewing Prime Minister Mohammed Shia al-Sudani’s term, describing the latter as “a man of action, not words,” unlike the US Secretary of State, referring to Antony Blinken.

In a related context, Al-Araji pointed out that “Shiite rule, with the exception of Iraq, derives its legitimacy from Iran.”

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ECONOMIST: IRAQ IS PREPARING FOR AN AUSTERITY BUDGET.

The government faces structural challenges in preparing its upcoming budget, which is expected to be submitted to Parliament before the end of the year, amid concerns that financial measures are insufficient to address potential economic crises.

Economists have identified three key factors that will determine the effectiveness of the upcoming budget:

1.the nature of spending policy,

2.relations with US federal authorities, and

3.the ability to maintain an oil price of $70 per barrel.

Economic expert Salah Nouri confirmed in statements monitored by Kalimat Al-Akhbari that “moving toward an austerity policy that targets only necessary expenditures will be a crucial element in alleviating financial pressure,” noting that “fluctuations in the global oil market force decision-makers to adopt a more conservative approach.”

Economic estimates indicate that any decline in oil prices below the budgeted level will lead to a fiscal deficit, potentially forcing the government to resort to borrowing or reduce investment spending programs, at a time when the infrastructure is suffering from significant deterioration.

Resolving the dispute with Washington over the mechanisms for transferring Iraqi oil revenues through the international banking system represents an additional challenge, as this issue directly impacts the flow of oil revenues, which constitute more than 90% of the general budget’s resources.

These challenges come amid growing financial needs for the service sectors and mounting pressure on the government to improve living standards, placing it in a difficult position between controlling spending and meeting growing popular demands.

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CREDIT RATING

Yasser Al-Mutawali

As part of its relentless efforts to strengthen Iraq’s economic and financial position on the international map, the government of Prime Minister Mohammed Shia al-Sudani continues to implement an ambitious reform program for the financial and banking sector. This program aims to advance the national economy by stimulating global investment and attracting it to the Iraqi market. This is part of a comprehensive vision that prioritizes financial stability and diversification of sources of income.

The latest step in this reform vision is the formation of a “Joint National Team” headed by the Governor of the Central Bank of Iraq, with high-level representatives from the Ministries of Finance, Oil, and Planning, along with specialized economic and financial institutions, the Prime Minister’s Office, the Securities Commission, and representatives from the banking sector. This team’s primary mission is to coordinate directly with leading international credit rating agencies (Moody’s, S&P, and Fitch) to improve Iraq’s sovereign credit rating.

Improving credit ratings is a strategic tool for opening broader horizons for direct and indirect foreign investment. The Securities Commission’s representation on this team will support the attraction of regional and international companies (production and service) to establish investment partnerships with the Iraqi private sector, or to participate in financial markets by investing in Iraqi stocks.

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Go to New York, the partnership with Washington is “over” in Iraq

3 warnings from the example of Al-Alusi

Former MP Mithal Al-Alusi warned of the repercussions of the withdrawal of US forces from Iraq, noting that the Iraqi government will bear the brunt of any attack, whether Israeli, Turkish, or ISIS, which may launch coordinated attacks, exploiting the lack of US deterrence. He also issued three warnings to the Iraqi government related to Baghdad’s failure to gain Washington’s trust, the message of the US withdrawal, which is that “Iraq is no longer a space for US-Iranian partnership,” and that Washington is no longer counting on factions to confront extremists such as Al-Qaeda and ISIS, especially after its recent understandings with the new Syrian regime. He concluded his remarks by advising Baghdad to send a delegation to the upcoming UN meetings in New York, so that Iraq will be present when Syrian President Ahmed al-Sharaa meets with the Israeli side there, in order to avoid “dangerous” scenarios.

Al-Alusi’s statements:

Neither Israel nor any country in the region would dare bomb Iraq while the Americans were present, but in their absence, there would be no protection at Victoria or Ain al-Assad. The Iraqi government would then bear responsibility for any aggression, whether it was Israeli, Turkish, or even ISIS.

Talk about protecting the border from ISIS after the withdrawal is inaccurate. Were it not for the United States and the international coalition, ISIS would have reached Baghdad.

Political forces in Iraq may not realize the magnitude of the challenges. ISIS may launch coordinated attacks, taking advantage of the lack of US deterrence, while the Coordination Framework will be held responsible if a security collapse occurs.

Baghdad has failed to gain Washington’s trust, and the US withdrawal is a message to both Baghdad and Tehran that Iraq is no longer a space for US-Iranian partnership.

Washington no longer relies on factions to confront extremists like al-Qaeda and ISIS, especially after its recent understandings with the new Syrian regime.

Baghdad should send a large delegation to the upcoming UN meetings in New York, so that Iraq can be present when Syrian President Ahmad al-Sharaa meets with the Israeli side there, to avoid dangerous scenarios.

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Iraqi PM Reveals U.S. Warning Against Armed Groups if PMF Bill Proceeds

The Coordination Framework, which convened on August 22, ultimately decided to suspend the bill. Instead of pushing for new legislation, the government plans to issue guidelines aimed at addressing obstacles stemming from the 2016 law that originally formalized the PMF.

Iraqi Prime Minister Mohammed Shia al-Sudani has told members of the Coordination Framework that Washington warned Baghdad it would target 16 bases of armed groups in Baghdad and other provinces if parliament proceeds with the Popular Mobilization Forces (PMF) bill, Iraqi media reported.

The Coordination Framework, which convened on August 22, ultimately decided to suspend the bill. Instead of pushing for new legislation, the government plans to issue guidelines aimed at addressing obstacles stemming from the 2016 law that originally formalized the PMF.

The Iraqi parliament also released its weekly agenda, which notably did not include the PMF bill, suggesting it will not be discussed during any of the three scheduled sessions this week.

Political sensitivities

Haider Barzanji, a political analyst, told Kurdistan24 that the bill has not been formally withdrawn and remains in parliament, but the timing of the debate is seen as unsuitable.

“The unity of Iraq and its communities is one of the priorities of the Coordination Framework,” Barzanji said, adding that non-Shiite parties would likely boycott any discussion.

He also denied suggestions of new threats from Washington against the “Resistance Front,” saying such warnings are not new but reflect regional sensitivities.

U.S. pressure and Shiite divisions

Several Iraqi politicians acknowledged that Shiite parties recognize the seriousness of U.S. pressure, which influenced the decision to suspend the bill to avoid a direct confrontation with Washington.

However, the move has sparked frustration among parts of the Shiite base, as many PMF members and their families had hoped for legislation that would strengthen the group’s legal and financial standing.

Mohammed Shamari, a member of parliament’s Security and Defense Committee, accused foreign actors of deliberately creating obstacles to prevent the passage of the bill.

For his part, MP Jawad Yasari pointed out that divisions within Shiite ranks, coupled with opposition from the Kurdish and Sunni blocs, played a significant role in halting the legislation.

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U.S. TROOP CONVOY LEAVES AIN AL-ASAD BASE FOR SYRIA AMID GRADUAL WITHDRAWAL FROM IRAQ

The source told Kurdistan24 that the convoy departed in the early hours of Tuesday, in line with the US administration’s recent directive to withdraw all troops from both Ain al-Asad and Baghdad’s Victoria base.

A senior security source at Iraq’s Ain al-Asad military base confirmed on Tuesday that a new convoy of US troops had withdrawn from the base in Anbar province and redeployed toward Syria, marking a further step in Washington’s decision to end its military presence in Iraq.

The source told Kurdistan24 that the convoy departed in the early hours of Tuesday, in line with the US administration’s recent directive to withdraw all troops from both Ain al-Asad and Baghdad’s Victoria base. However, the source added that a number of American forces remain at Ain al-Asad for the time being, with the full evacuation to be carried out in phases over the coming days until the base is completely vacated.

Just a few days earlier, Washington abruptly announced its intention to withdraw all remaining troops from Iraq, a move that took many by surprise given the lack of prior indications of such a swift timetable.

The decision comes amid renewed debates in both Baghdad and Washington about the future of the US-led coalition presence, which was initially deployed to Iraq in 2014 at the request of the Iraqi government to combat the Islamic State (ISIS).

The withdrawal of US forces from Iraq represents a watershed moment in the two-decade American military involvement in the country. US troops first entered Iraq in 2003 to topple Saddam Hussein, later shifting to counterinsurgency and stabilization missions. Although most American forces withdrew in 2011, they returned in 2014 under Operation Inherent Resolve after ISIS seized nearly a third of Iraq’s territory, including Mosul.

Since then, US and coalition forces have played a central role in training Iraqi and Kurdish Peshmerga troops, providing intelligence, and carrying out airstrikes that ultimately helped defeat ISIS territorially by 2017.

However, calls for their departure have grown louder in recent years, particularly after the 2020 assassination of Iranian General Qassem Soleimani in Baghdad, which fueled political and militia-led pressure on Baghdad to expel US troops.

While Washington has consistently argued its mission was limited to training and advising Iraqi forces against the resurgence of ISIS, the latest decision signals a dramatic shift in US policy. Observers warn that a complete withdrawal could reshape Iraq’s security landscape, potentially strengthening Iranian-backed militias and leaving questions about Iraq’s capacity to contain lingering ISIS sleeper cells.

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

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

August 21, 2025 Mnt Goat News Brief

Guten Tag everyone:

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

GIVE A GIFT TO MNT GOAT

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

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

____________________________________

Matthew 10:8

“Freely you have received; freely give”.

More news….

DOES THE “HASTY” WITHDRAWAL OF US FORCES REMOVE PROTECTION FROM IRAQ?

The withdrawal of international coalition forces from Ain al-Asad base in Anbar towards the Kurdistan Region, in preparation for a complete evacuation from Iraq , has raised a key question: is this part of the previous agreement between the two countries, or is it a cessation of American protection for the country from any external attacks?

Iraqi media revealed on Monday that the first phase of the withdrawal of US forces—part of the international coalition—from the country towards the Kurdistan Region of Iraq has begun, ahead of the scheduled date of September 25.

In early September, Washington and Baghdad reached an understanding on a plan for the withdrawal of US-led international coalition forces from Iraq. The agreement stipulates the departure of hundreds of coalition forces by September 25, 2025, and the remainder by the end of the following year.

GOVERNMENT CONFUSION

While Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein affirmed his country’s desire for US forces to remain to protect the country from the flames of regional wars, the spokesman for the Commander-in-Chief of the Iraqi Armed Forces considered the withdrawal an achievement for the government.

(This is a very long article but good and you can read it fully at this link )

More news….

A MEETING BETWEEN BAGHDAD AND ERBIL TO DISCUSS CONTENTIOUS ISSUES 

Deputy Prime Minister and Minister of Planning, Mohammed Ali Tamim, held an expanded joint meeting on Tuesday between the federal government and the Kurdistan Regional Government to discuss salaries and oil.

The Iraqi Ministry of Planning stated in a press release that “the meeting reviewed the progress made on the outstanding issues between the two parties, which included oil production and exports, non-oil revenues, and the localization of salaries for the region’s employees, based on the Federal Court’s decision in this regard.”

According to the statement, the participants indicated that significant progress has been achieved, particularly in the oil production and export file from the region, as all conditions and requirements necessary to commence production and export through the National Oil Marketing Company (SOMO) have been met, and discussions are continuing to complete the remaining requirements related to other files.

STATUS OF THE RV

Today’s Newsletter Status is longer than usual but there are many points that my readers need to realize as to why we are still waiting for the reinstatement. Remember it is the reinstate that will allow us to go exchange as the banks, not the in-country revaluation, which we are being told is planned between Sept-Dec with a very strong possibility of the reinstatement in January 2026. But again, I have to say this with conditions I was told made by the US to Iraq. These conditions I listed out in my Newsletter dated 8/12. It is found in the Mnt Goat Archives. Did you take the time to read it?  The dinar must be back on the currency exchanges for the banks to touch it. Plus, we also want a rate that we can realize a sizable gain,,,,right? So, get a nice cup of coffee or tea and sit comfortably and read through this Newsletter today. Let’s is all learn.

Today there is cause to celebrate but also to caution us investors. We must remember that there are political motives behind the scenes working within Iraq but also at the same time, the Central Bank keeps moving ahead with the financial reforms and its goals of financial freedom for Iraq. It is a growth process for Iraq both politically and economically. To hit the world stage again is an uphill battle but I am confident that Iraq is meeting the challenge and will soon emerge as a financial giant.   

Many of you may ask what do I mean by “financial freedom”. This is a term I am not using lightly and to describe the time when Iraq will finally cut the apron-strings that were intentionally created as part of the sanctioned period of time. These restrictions were put on the Iraqi economy but now they no longer serve their purpose. In fact there is strong evidence they are actually hindering Iraq and suppressing it from its real destiny.  But from what we have witnessed in the last twenty year is this a surprise to you? Are these changes being forced upon Iraq to save Iraq or to build Iraq in the image of what the powers behind the scenes desire it to become. We must remember that from the very same instituted sanctions that created the problem in the first place, are now keeping it back. Think about it?

So, “financial freedom” is only defined by the entities that control Iraq not Iraq itself. To what level of changes does Iraq actually have to make in order to receive back their financial freedom thus true identity as a sovereign nation? Yes, just how far must they go? I know I have asked this question many times to my CBI contact and I am never fully satisfied with the answers I have gotten. Do you know why?

The reason why I am not satisfied is that I can keep looking back to the Dr Shabibi says and I know, because he told us in a 2015 interview, that the plan was to reinstate the dinar way back in 2013. In the summer of 2012 he announced the issuing of the new coinage and the beginning of the Project to Delete the Zeros. However, this never occurred, again because of corruption. Did he know something we don’t? Did he know that the dinar must get off the sole peg to the dollar in order to facilitate the kind of growth necessary. That the reinstatement must happen first then this would facilitate the growth needed to move ahead even more. But in order to do this, other issues dealing with the sanctions must be removed not just physically but also in the minds of investors. So, the Dr Shabibi reinstatement plan was spoiled and so today Iraq is still working in many aspects as if still in UN sanctions, but we all know these have been lifted since 20222. So, what is happening then? We must ask what comes first the chicken or the egg? In other words could Iraq have progressed must factor if the dinar was reinstated, even at a minimal rate years ago. Then let their growth drive the market upwards? Why would the IMF not push this? Are there “political” reasons then why not? Is there another plan in motion that many don’t know about?

These are all questions that many are asking, and I have to say I too am asking the same questions. But I do know something and I have been told that the IQD will be pivotal in its role to play in a currency reset and used to reconstruct and support many other currencies in a new basket peg they are planning to roll out. So, there is a grander plan than just us investors getting paid. In other words this RV is not all about us.

I have decided to put these questions in my mind as if Iraq is now like a seed that has been planted. Yes, I mean in between when the seed is planted (financial reforms completed) and the enormous serge of growth that follows.

In today’s news the articles reinforce many aspects of what I have said above in my commentary. It tells us that they must keep the inflation rate low, at all means possible and this keeps the purchasing power of the dinar high. This is one of the main goals of the Central Bank. It also gives us a lesson on raising the value of the dinar, as remember that keeping the sole peg to the dollar is actually a counter-mechanism working against the raising of the value of the dinar. It hurts the dinar not help it. Get it? It is like a sore thorn in their ass that they can’t remove until they get off the de facto peg to the dollar. And they won’t do this until they get off the petro-dollar. I hope this is all very much clearer to all of you readers.

So, is today’s news bad or good? Should we rejoice or be sad?

In my eyes the news today is all still VERY GOOD news. There are no revelations or WOW! news. We just must keep in mind what I am telling you today. Don’t forget! There is no easy way out of this RV process for Iraq. There are no secret bank stories or three letter agencies, rumors of every weekend RVs that are going to make any difference in getting the RV, get it? I know we all want hope and so go ahead and listen to this nonsense, but that is really all it is. But if it all makes you happy then I guess its hope and so be happy. However, when you do believe this nonsense, don’t come running to me to support it because I know much better. I will refuse to be sucked into this stupid nonsense of hype based on rumors not FACTS. I base my intel on FACTS and only FACTS. What is my slogan? I build me reputation on FACTS not someone elses rumors or opinions. This is called pure speculation without sound reasoning. I consider myself a smart, educated person not some idiot. Yes, these rumors can be interesting and as I said hopeful, but don’t count on them.

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

                                             Just the FACTS!

This first article today titled “THE GOVERNMENT IS RESPONSIBLE FOR IMPROVING THE CLASSIFICATION OF IRAQ’S SOVEREIGNTY” to me displays  much of what I just said about Iraq having to dig itself out of the sanctions mode and progress to a global entity. It shows they uphill battle that Iraq must face. I will quote from the article – “The ministry presented the financial documents, which resembled the Iraqi currency,” he added It combines clear and measurable goals, with raising distance plans to specialist areas, and direct coordination with major global trust classification agencies, including Fitch, S&P, Moody’s) Aims to improve Iraq’s sovereign credit rating, as the Seoul team pays special attention to strengthening government efforts, financial risk management, and environmental development. Our actions are in line with the government’s economic reform plan,” the statement said the comprehensive national strategy aims to improve the classification of Iraq’s sovereignty, which will contribute to enhancing international confidence in the national economy, and opening up vast opportunities of foreign investment, direct and indirect,”. Can it get any clearer?

What else is in the news?

The next set of articles talk about the progress in the areas I have previously brought to your attention as needed on my list of the five main issues in the RV Status. You do remember these five (5) main categories? You can go to my Archives and revisit them if you wish. Here is the LINK to the Newsletter dated 8/12. Please keep referencing this list as it will be a good guide for you to understand what is going on and what issues are the impact. It is up to you whether you consider this news good news or sobering news. Remember the glass can be half empty or half full…..

😊In the article titled “CENTRAL BANK: FOREIGN TRANSFERS ARE PROCEEDING SMOOTHLY AND SEAMLESSLY. The Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the central bank is conducting foreign exchange transactions in all currencies smoothly and with high fluidity. So, we learned that the correspondent bank transfer process started last year is working. Remember this was a huge move for the CBI in paying for imports. Unfortunately they are still paying using mostly the US dollar.

😊The next two articles directly affect the Oil and Gas Law, a long-standing constitutional requirement that must be implemented. The articles are titled “UNAMI MISSION IS OPTIMISTIC THAT ERBIL AND BAGHDAD WILL REACH A “GOOD” UNDERSTANDING ON RESOLVING OUTSTANDING DISPUTES. The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Hassan, expressed optimism on Tuesday about the possibility of the Kurdistan Regional Government and the federal government reaching an understanding that would resolve the outstanding issues and differences between the two sides. And also article titled “BAGHDAD AND ERBIL ON THE VERGE OF A HISTORIC AGREEMENT: OIL, SALARIES, AND NON-OIL REVENUES ARE CLOSE TO BEING RESOLVED. The Ministry of Planning spokesperson Abdul Zahra al-Hindawi revealed details of the meeting of the ministerial committee tasked with resolving financial obligations between Baghdad and Erbil, stressing that the meeting witnessed a significant convergence of views and a preliminary agreement on mechanisms for resolving outstanding issues.

😊This next news is not new as we already talked about this issue with the PMF before. So far a decision has not been made but I will add that if the party now in power decides to go against the US and vote and implement their new PMF policy into law, there will be severe repercussions by the US. Read my lips – THE US WILL NOT LET IRAN TAKE OVER IRAQ AS ANOTHER ONE OF THEIR PUPPET STATES. The US is in the process of dismantling Iran’s powers in the middle east and with world. They are not about to let them take Iraq. The article is a good read and is titled “TRUMP ADVISOR: US SANCTIONS ON IRAQ ‘SEVERE’ IF PMF LAW PASSED”. I quote from the article  

“Gabriel Soma, a member of US President Donald Trump’s advisory council, warned on Wednesday, August 20, 2025, of “harsh” US sanctions awaiting Iraq if the Popular Mobilization Forces (PMF) law is passed” “Some components of the Popular Mobilization Forces receive support from Iran, and Iraq does not need the Popular Mobilization Forces with the army,” Soma said in a televised interview followed by Al-Jabal. He added, “Former US President Joe Biden turned a blind eye to Iranian influence in Iraq, but Trump disagrees,” noting that “a large portion of the Popular Mobilization Forces take their orders from Iran.” You may think that this is a bad thing for our investment and will delay the RV. You right it will if the law passed. If it does not pass the US still must find a way to deal with these militia as they are going one way or another, even if it means by force. But think about it. At least now they are challenging these militia and their presence. This had to be done sooner or later and done prior to the RV. Get it? Remember its not all about the RV.

☹The next articles affect the value of the dinar and the ongoing saga with the US dollar. Please take time to read the article titled “CAUGHT BETWEEN THE GRIP OF THE LAW AND THE LURE OF QUICK PROFITS, A SUDANESE ADVISOR EXPLAINS THE DOLLAR’S RESURGENCE.”  In the article Prime Minister’s financial advisor, Mazhar Muhammad Salih, explained on Wednesday (August 20, 2025) and I quote “that the return of the dollar’s exchange rate to high levels in local markets is due to the activity of speculators and cross-border traders who balance the risks of compliance with laws and the cost of official procedures with the speed of parallel financing and the ease of generating profits.” In the article they mention some solutions to preventing these surges in the dollar but these are the only said solutions but these solutions will NEVER work and the traders will always find loopholes and take advantage of them. My point is to get off the sole peg to the dollar and make it less valuable. Then they need a multi-currency peg to replace the sole peg. This would stop all this corruption with the dollar and there would be a really good chance for the dinar to rise quickly and stable.

☹There is also a few other articles hitting this same of the recent rise in the dollar topic titled “AN ECONOMIST PREDICTS THE NEXT GOVERNMENT WILL CHANGE THE DOLLAR EXCHANGE RATE, AND EXPLAINS THE REASONS.” In the articleseconomists expect the next government to resort to an official devaluation of the Iraqi dinar against the US dollar as a potential solution to address mounting financial burdens, most notably the massive government payroll. This is why the US is requiring Iraq to diversify its economy and get off the sole revenue source of oil. Oil fluctuates so much. This is why Iraq must get off the petro-dollar. Let’s be real and look at the real source of the problem. The real source is the petro-dollar and sole peg of the dollar to the dinar. They know it and we know it. That is the real solution. But what do they then peg the dinar to if not the dollar? The IMF already has a basket of currencies for the new peg. But this peg coincides with a reinstatement, it can’t be done unless the currency is traded globally.

😊The second article is titled “AN EXPERT WARNS AGAINST ADJUSTING THE DOLLAR EXCHANGE RATE AND OUTLINES A SOLUTION TO ADDRESS THE DECLINE IN OIL PRICES.” In it economic expert Salah Nouri confirmed on Wednesday that adjusting the dollar exchange rate falls within the purview of the Central Bank of Iraq, noting that this measure is a monetary policy tool aimed at achieving economic stability and combating inflation or deflation. Yes, I agree with this first statement whole-heartedly. He goes to tell confirm to us that monetary policy is not just by the CBI alone but also by the finance committee, part of Al-Sudani’s cabinet. I quote “Nouri stressed to Al Furat News Agency “the need to achieve harmony between the monetary policy managed by the Central Bank and the fiscal policy undertaken by the Ministry of Finance through the general budget.”

This tells us, if you are listening, that the CBI will not and can not just RV/Reinstate  without both having consent of the CBI and the Finance Committee on the change. Get it? Many of these intel gurus tell you the CBI can reinstate anytime they want. Really? Such foolishness and this article is proof..

The economic expert goes on to say “he explained that raising the dollar exchange rate—i.e., devaluing the dinar—increases the amount of Iraqi dinars the Ministry of Finance receives from the Central Bank to cover budget expenditures. However, he warned that this measure leads to a decline in the purchasing power of citizens, especially those with limited income.”

In other words, a devaluation would cause INFLATION. He just said a devaluation of the dinar “leads to a decline in purchasing power”. Now let’s get this clear. We all know by  now that inflation does just the opposite. Isn’t inflation the main driving force of the CBI – to stop inflation and keep it low? Keep prices low. Inflation now is only at about 1-2%. Why would the CBI want more inflation? Do these economists really know or care about the Central Bank policies and IMF policies. If they do, they certainly don’t show it in these articles.

I do not believe the CBI will devalue the dinar. They have already told us there is plenty of money in the reserves, if needed. I don’t see any crisis in Iraq do you? Devaluations are a LAST RESORT like they had to do in 2020. Again there is NO CRISIS in Iraq! 😊

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:

                                         

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 Barry Wunsch:

“The Glory Of The Lord Is Coming To The Nations!“ 

You can click on the picture to listen to the prophecy. From early Aug 2025.

I listened to this one on Elijah Streams on Aug 19 and it blew me away the level of hidden corruption from the deep state. Canada too also seems to be in a mess with the globalist agenda taking over that great country. But God does tell us He will overcome this corruption and things will change, even for the Canadians.  

Click on picture to listen to prophecy

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

Prophetic Words from prophet Julie Green:

“NOTHING WILL STOP WHAT IS ABOUT TO HIT YOUR ENEMIES FINANCIAL SYSTEM

You can go to mark 6:57 on the video to start prophecy. From Aug 12.

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DC FEDERAL TAKEOVER CONTINUES WITH NEW ARRESTS, CHECKPOINTS AND CONCERNS FOR THE HOMELESS

BONDI PUTS SANCTUARY CITIES ON NOTICE WITH STRICT DEADLINE

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

THE GOVERNMENT IS RESPONSIBLE FOR IMPROVING THE CLASSIFICATION OF IRAQ’S SOVEREIGNTY

Prime Minister Mohammed Shia Al-Sudani, on Wednesday (August 20, 2025), in the form of a joint national brigade, to improve the classification Iraq’s sovereign trust, which plays a role in enhancing international confidence in the national economy, and opening up vast horizons for foreign investment.

The Cabinet said in a statement that it “agrees with the objectives of the Ramiya government to enhance Iraq’s financial and economic position on the international stage, the Sudanese side in the form of a national delegation Jointly, towards the Governor of the Central Bank of Iraq, and two branches of the Ministries (Finance, Oil, Planning) and Economic and Financial Institutions, to the President’s Office.

The ministry presented the financial documents, which resembled the Iraqi currency,” he added It combines clear and measurable goals, with raising distance plans to specialist areas, and direct coordination with major global trust classification agencies, including Fitch, S&P, Moody’s) Aims to improve Iraq’s sovereign credit rating, as the Seoul team pays special attention to strengthening government efforts, financial risk management, and environmental development Our actions are in line with the government’s economic reform plan,” the statement said the comprehensive national strategy aims to improve the classification of Iraq’s sovereignty, which will contribute to enhancing international confidence in the national economy, and opening up vast opportunities Foreign investment, direct and indirect,”.

The government said in a statement, adding that this letter represents a clear commitment to the reform policy and its protection achieving economic stability, supporting the stability of the financial system, and creating an attractive investment environment to participate in diversifying revenue sources and reducing reliance on oil Wahid”.

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CENTRAL BANK: FOREIGN TRANSFERS ARE PROCEEDING SMOOTHLY AND SEAMLESSLY.

 
Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the central bank is conducting foreign exchange transactions in all currencies smoothly and with high fluidity.

Al-Alaq said in a statement to the official agency, followed by ( IQ ): “The foreign transfer process has witnessed significant development during the last two years, whether in terms of style, method, and organization, or through direct communication and direct transfer between Iraqi banks and approved correspondent banks.”

He added, “This expansion is not only in the number of correspondent or transfer banks, but also in the number of currencies,” noting that “the Central Bank covers almost all the currencies used by Iraq for large-scale trade.” He stressed that “the Central Bank is currently conducting transfers in almost all major currencies, and they are proceeding smoothly and with high fluidity.

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UNAMI MISSION IS OPTIMISTIC THAT ERBIL AND BAGHDAD WILL REACH A “GOOD” UNDERSTANDING ON RESOLVING OUTSTANDING DISPUTES.

The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Hassan, expressed optimism on Tuesday about the possibility of the Kurdistan Regional Government and the federal government reaching an understanding that would resolve the outstanding issues and differences between the two sides.

In a statement to reporters following his participation in a memorial service for the victims of the 2003 bombing of the UN headquarters in Baghdad, he said, “There is good cooperation between the Kurdistan Region and Baghdad,” stressing that he has good relations with the Iraqi presidency and the region.

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US INSTITUTE: IRAQ 2025 IS NOT IRAQ 2003, AND TRUMP IS INVITED TO VISIT IT

The American Middle East Forum Institute called on the US administration to avoid igniting a new war with Iraq, and instead suggested dispatching Steve Witkoff, President Donald Trump’s special envoy, to visit Baghdad and view it from the perspective of 2025, rather than through the “outdated” lens of 2003.

The institute stated in its independently translated report that the Iraqi capital has witnessed radical transformations over the past two years, including active traffic through the former Green Zone, the opening of modern highways and bridges, and major construction projects overlooking the Tigris River. It noted that the US Embassy, once a prominent symbol on the riverbank, now appears “insignificant” next to the towering residential towers, while major hotel projects such as the Mövenpick and Rixos are nearing completion, preparing to receive hundreds of businessmen daily.

The report added that much of the investment financed in Iraq comes from Iraqi funds, despite Baghdad’s efforts to attract international partners. It noted that nearly half of the country’s population was born after the 2003 war, creating a new youthful energy that is pushing for change.

He noted that Iraq is also witnessing a generational shift in politics, with post-war leaders aging or in deteriorating health, while younger politicians such as Muqtada al-Sadr and Qais al-Khazali are trying to redefine their roles. He also noted that Iraqi armed factions, with limited exceptions, have refrained from engaging in the war between Iran and Israel, and that Shiite leaders have written to Iranian Supreme Leader Ali Khamenei to protest the Revolutionary Guard’s interventions.

The report described the current climate in Baghdad as resembling Dubai in 1995, with business activity booming and politicians keen to protect this trend from any disruption. It considered Trump’s policy of prioritizing business over military or diplomatic interventions to be consistent with sending Witkoff to Baghdad, but this has not yet happened, which the institute considered a “serious oversight.”

The report also recalled that former President George Bush envisioned a democratic, economically prosperous Iraq, and that his miscalculation was in estimating the timeframe needed to achieve this. It urged Trump to realize that the absence of American companies from Iraq leaves the door open to competitors from Egypt, the UAE, Turkey, and China.

The institute concluded that investing in Iraq’s thriving economy could be an effective tool to distance it from Iranian influence, arguing that “the greatest gift Trump could offer the marginalized Iraqi opposition as the elections approach would be economic, not military, action.”

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THE LAST US SOLDIER WILL LEAVE AIN AL-ASAD BASE IN MID-SEPTEMBER.

An Iraqi security source revealed on Tuesday that the last US soldier will leave Ain al-Asad base in Anbar province, western Iraq, in mid-September, after which the international coalition headquarters at the base will be permanently closed.  

The source told Shafaq News Agency that the Ain al-Assad base is scheduled to be permanently closed on September 15, explaining that US forces stationed in western Iraq will move to bases inside Syrian territory, while those in the capital, Baghdad, will move to alternative bases in Erbil in the Kurdistan Region.

The source added that a limited number of American personnel and leaders will remain within the joint forces in Baghdad as needed.

On Monday, the first phase of the withdrawal of US forces from the country to Syrian territory began.

An Iraqi security source told Shafaq News Agency that a US convoy, including trucks carrying military vehicles, had begun moving out of Ain al-Assad base.

Ain al-Asad Air Base is the second largest air base in Iraq after Balad Air Base. It is the headquarters of the US Army’s 7th Division and is located 10 kilometers from the Baghdadiyah district in Anbar Governorate.

Earlier, a spokesperson for the US Embassy in Baghdad revealed that a “civilian” partnership between the international coalition and Iraq was close to being signed, coinciding with the planned “military” withdrawal by next September.

The spokesman said in a statement to the agency that the Global Coalition to Defeat ISIS (Operation Inherent Resolve) will transition from its military mission in Iraq to a more traditional bilateral security partnership, stressing the continuation of the coalition’s civilian-led efforts at the global level.

He emphasized that this shift does not mean the end of the international coalition’s work to defeat ISIS, but rather comes as part of a transition plan to enhance stability in Iraq through security partnerships and ongoing civilian cooperation.

A government source told Shafaq News Agency that Iraq has agreed with the international coalition countries, primarily the United States, on a timetable for ending the coalition’s mission. The timetable stipulates ending its presence with the central government in September 2025, leading to a full withdrawal in September 2026, with the number of its forces gradually reduced to less than 500 personnel, whose presence will be limited to Erbil, while the rest will be transferred to Kuwait.

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WASHINGTON GRANTS BANKS A “RESCUE PERIOD.” GRADUAL REFORMS THROUGH 2028 WILL HELP THEM BREAK FREE FROM THE DOLLAR’S CONSTRAINTS.

The Iraqi banking sector was on the verge of entering the US red zone, with the deadline for private banks to submit a pledge to implement the Oliver Wyman plan approaching at the end of this month. However, it appears that the Central Bank’s efforts to “mediate” between the American consulting company and Iraqi banks have yielded a number of facilitations in implementing Washington’s requirements. Financial and banking expert Mahmoud Dagher revealed that the deadline for submitting pledges has been extended to September 30, taking into account “flexibility” in implementing the banking reform plan, with the possibility of expanding the time limits for gradually increasing capital in four stages, by 50 billion dinars annually until 2028. Dagher added that the conditions for the percentage of family ownership may increase from 10% to 40% of the bank’s portfolio, which gives private banks greater opportunities to engage in the reform plan and escape the restrictions on dealing in dollars imposed by the US Federal Reserve and the Treasury Department, at the beginning of 2029. He pointed out that banks that will not be able to join Under the reform process, they will be allowed to operate exclusively in Iraqi dinars, without their licenses being revoked.

Mahmoud Dagher, in an interview:

The deadline, which ends on August 31, is the final deadline for banks to submit their pledge to pursue the banking reform process. This includes three tracks: the first is the individual track, whereby the bank continues to operate under its current license while complying with the conditions; the second track is merging with another bank; and the third is liquidation.

The comprehensive banking reform plan includes three milestones: the first in mid-2025, the second in mid-2026, and the third in 2027. Banks that successfully implement the reform measures will be able to exit US restrictions next year. This reform program includes both deprived and non-deprived banks, and the deadline for submitting a pledge to commit to the reform process has been extended to September 30.

We met with 30 banks the first time, and with 40 banks the second time, in Erbil. We held extensive discussions with Oliver Wyman employees. The majority of the banks expressed a desire to pursue reform and implement international standards, but there are some difficulties in implementing them. The Central Bank, for its part, expressed its flexibility in this regard.

Some banks are accustomed to a certain way of working and are finding it difficult to implement reform standards. Failure to participate in the banking reform plan will not result in the revocation of their licenses, but their operations will not improve and they will continue to operate in local currency.

The Central Bank may propose a gradual capital increase, adding 50 billion dinars each year until the reform plan’s final cap of 2027. As for the requirement to limit family ownership to just 10% of the bank’s capital, it may allow families and relatives to own 40%. Even a letter from the Prime Minister’s Office a while ago emphasized that the plan aims for empowerment, not exclusion, and must take into account the unique circumstances of the Iraqi environment.

The reform plan includes a requirement that board members be banking professionals, with retraining for heads of administrative units in categories A and B. Even banks that pledge to implement the conditions will remain under scrutiny, and warnings may be issued to them if they fail to implement the required standards. If the warnings are repeated, they may be advised to pursue the merger option. However, if they fail to pursue the merger option, they will be removed from the reform plan.

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BAGHDAD AND ERBIL ON THE VERGE OF A HISTORIC AGREEMENT: OIL, SALARIES, AND NON-OIL REVENUES ARE CLOSE TO BEING RESOLVED.

Ministry of Planning spokesperson Abdul Zahra al-Hindawi revealed details of the meeting of the ministerial committee tasked with resolving financial obligations between Baghdad and Erbil, stressing that the meeting witnessed a significant convergence of views and a preliminary agreement on mechanisms for resolving outstanding issues.

The meeting, chaired by Minister of Planning Mohammed Tamim and attended by federal ministers and officials from the regional government, focused on three key issues: oil production and exports through SOMO, non-oil revenues, and the localization of salaries for the region’s employees. Al-Hindawi explained that the oil file has made significant progress and is close to completion, while the two parties agreed that non-oil revenues should be subject to applicable laws, in addition to discussing practical steps to localize salaries.

He noted that upcoming meetings will witness the participation of legal and technical experts from both sides to finalize the agreement before submitting recommendations to the Council of Ministers for binding decisions. He emphasized Prime Minister Mohammed Shia al-Sudani’s direct interest in concluding these issues, given their direct impact on the lives of citizens in the region and the national economy.

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TRUMP ADVISOR: US SANCTIONS ON IRAQ ‘SEVERE’ IF PMF LAW PASSED

Gabriel Soma, a member of US President Donald Trump’s advisory council, warned on Wednesday, August 20, 2025, of “harsh” US sanctions awaiting Iraq if the Popular Mobilization Forces (PMF) law is passed.

“Some components of the Popular Mobilization Forces receive support from Iran, and Iraq does not need the Popular Mobilization Forces with the army,” Soma said in a televised interview followed by Al-Jabal.

He added, “Former US President Joe Biden turned a blind eye to Iranian influence in Iraq, but Trump disagrees,” noting that “a large portion of the Popular Mobilization Forces take their orders from Iran.”

He continued, “The Peshmerga forces are loyal to Iraq, even though they receive aid from America,” noting that “Washington has invested heavily in strengthening its partnership with Iraq and views the Peshmerga as an extension of Iranian influence in Iraq.”

Soma explained, “The relationship between Iraq and the United States is historic, and we are the guarantors of Iraq’s wealth. Washington guarantees and protects oil money for the benefit of the Iraqi people.”

Soma described US President Donald Trump as a “man of peace,” saying he “spent his first term without war.”

He pointed out that “Washington will not allow the Popular Mobilization Law to pass, and this is what the US Secretary of State said,” stressing that “Trump will impose harsh sanctions on Iraq if the Popular Mobilization Law is passed.”

On August 10, US State Department Arabic spokesperson Michael Mitchell stated that US economic sanctions on Iraq are likely to be imposed if the Popular Mobilization Forces (PMF) law is passed, as part of the “maximum pressure” campaign against Iran. He noted that “US President Donald Trump will not hesitate to take a tougher stance regarding economic sanctions against any entity or state that engages in illegal relations with Iran.”

Mitchell told Al-Jibel Platform, “The US State Department is deeply concerned about the legislation of the Popular Mobilization Forces law in Iraq,” noting, “We are witnessing a shift in the regional balance and Iran has become relatively weak, but enacting the law will diminish Iraq’s sovereignty and will not lead to any positive outcomes for the Iraqi people.”

The US official pointed out that “there are terrorist groups within the Popular Mobilization Forces that have contributed to attacks on the US military and on American and international companies, and this law will have negative repercussions for Iraq, especially within US President Donald Trump’s campaign (maximum pressure against Iran),” stressing that “Trump will not hesitate to take a tougher stance regarding economic sanctions against any entity or state that has illegal relations with Iran, and we can expect something like this.”

“The most important thing for us is Iraq’s sovereignty. The law undermines Iraq’s sovereignty, and the United States is against this idea,” he added, regarding sanctions on Iraq. “There is a great possibility of this happening, but I cannot predict what will happen in the future. Any decision in this regard will come directly from the White House. Iraq’s future is a matter that concerns the Iraqi people, and the United States, especially in the second Trump administration, is urging Iraq to be able to exercise control over all its territories without Iranian influence, as well as combating ISIS and preventing its return, while preventing the emergence of any other terrorist organization, because Iraq needs economic growth, and extremist terrorist militias will negatively impact economic growth in Iraq.”

Mitchell noted that “the United States has its own opinion on this matter, and the decision ultimately lies with the Iraqi people. However, that does not mean this decision will not have political or economic repercussions. There are likely repercussions if this law is agreed upon, and this is what is causing Washington’s concern today.”

He emphasized that the primary reason the United States opposes the legislation of the Popular Mobilization Forces (PMF) law is that “the US government believes this law will further expand Iran’s malign influence, and the United States does not support this idea.”

He said, “Regardless of the military presence in Iraq, the United States will remain capable of defending its interests and those of its regional and international partners (a simple but important fact),” pointing to the priorities the Trump administration is committed to in Iraq, most notably: “supporting the partnership with the Iraqi government, combating the resurgence of ISIS with force, and combating the spread of Iranian influence in the region.”

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A 150% JUMP IN ELECTRONIC PAYMENTS IN IRAQ… WILL CASH DISAPPEAR?

 The Baghdad Digital Transformation Council announced an unprecedented 150% increase in the volume of electronic payment transactions in Iraq compared to last year, amid widespread debate among economists and citizens about the future of traditional cash in the country.

Council advisor Khaled Al-Jabri told Al-Sabah newspaper, which was monitored by Al-Mustaqilla, that the volume of electronic payment transactions reached 2.8 trillion dinars in July. He noted that this growth was a result of the integration of the customs and commodity system into an integrated electronic system linking importers to banks and financial transfers, in addition to the adoption of digital payment systems by approximately 700 government administrative units.

While the government sector is witnessing a significant expansion in the use of electronic payments, the private sector remains slow to adopt these systems. This raises questions about the Iraqi economy’s ability to fully transition to a digital economy, given the absence of extensive awareness programs and the revision of some outdated laws.

Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, commented, emphasizing that Iraq needs to restore citizens’ confidence in the banking sector before any comprehensive digital expansion. He emphasized that the government is working to promote the adoption of electronic payments as part of financial and banking reform plans. He explained that enhancing confidence includes imposing electronic transactions on all government and private sectors, expanding point-of-sale (POS) services, and creating incentive programs such as discounts on goods or gifts with purchases of a specific value to attract citizens away from traditional cash.

This leap in electronic transactions has sparked controversy both locally and internationally, with supporters viewing it as a step toward modernization and stimulating the formal economy, and opponents warning of threats to privacy and excessive reliance on technology, especially in light of the challenges of trust in banks and electronic financial fraud.

In light of these changes, the biggest question arises: Is Iraq on the cusp of a cashless economy, or will these transformations collide with the country’s social and economic reality?

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I CAUTION EVERYONE IN READING THESE NEXT TWO ARTICLES. REMEMBER THESE ARE ONLY OPINIONS OF ECONOMISTS AND NOT OFFICIAL GOVERNMENT POLICY. I HAVE PUT MY COMMENTS IN WHEN NECESSARY. THEIR OPINIONS DO NOT TAKE INTO CONSIDERATION THE POLICIES OF THE CBI OR THE IMF. THE CBI IS WORKING TO REVALUE THE CURRENCY AND NOT DEVALUE IT. IF THE CBI DID TAKE SUCH A COURSE AS A DEVALUATION IT WOULD BE A VERY DRASTIC MOVE AND OUT OF DESPERATION. SO READ THESE ARTICLE CAREFULLY AND DON’T GO OFF HALF-COCKED.

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AN ECONOMIST PREDICTS THE NEXT GOVERNMENT WILL CHANGE THE DOLLAR EXCHANGE RATE, AND EXPLAINS THE REASONS.

Economists expect the next government to resort to an official devaluation of the Iraqi dinar against the US dollar as a potential solution to address mounting financial burdens, most notably the massive government payroll.

Economic expert Nabil Al-Marsoumi told Al Furat News Agency that “the salary bill accounts for the largest portion of oil revenues, leaving little for upgrading infrastructure or basic services.” 

(Mnt Goat:This is why the US is requiring Iraq to diversify its economy and get off the sole revenue source of oil. Oil fluctuates so much. This is why Iraq must get off the petro dollar. Let’s be real and look at the real source of the problem. The real source is the petro dollar and sole peg of the dollar to the dinar. They know it and we know it. That is the real solution. But what do they then peg the dinar to if not the dollar? The IMF already has a basket of currencies for the new peg. But this peg coincides with a reinstatement, it can’t be done unless the currency is traded globally.)

Al-Marsoumi believes that devaluing the currency will provide greater financial revenues in dinars, which will help the government cover salary expenses.

He added that this option may be one of the necessary measures that the new government may take, especially in light of the current oil prices that threaten to close the country’s economic development prospects.

Experts emphasize that sustainable solutions lie in diversifying sources of public revenue and not relying entirely on oil, in order to ensure the stability of the Iraqi economy in the long term.

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AN EXPERT WARNS AGAINST ADJUSTING THE DOLLAR EXCHANGE RATE AND OUTLINES A SOLUTION TO ADDRESS THE DECLINE IN OIL PRICES.

Economic expert Salah Nouri confirmed on Wednesday that adjusting the dollar exchange rate falls within the purview of the Central Bank of Iraq, noting that this measure is a monetary policy tool aimed at achieving economic stability and combating inflation or deflation.

Nouri stressed to Al Furat News Agency “the need to achieve harmony between the monetary policy managed by the Central Bank and the fiscal policy undertaken by the Ministry of Finance through the general budget.”

The economic expert explained that raising the dollar exchange rate—i.e., devaluing the dinar—increases the amount of Iraqi dinars the Ministry of Finance receives from the Central Bank to cover budget expenditures. However, he warned that this measure leads to a decline in the purchasing power of citizens, especially those with limited income.

(Mnt Goat: In other words a devaluation would cause INFLATION. Now isn’t inflation the main driving force of the CBI – to stop inflation and keep it low? Inflation now is only at about 1-2%. Why would the CBI want more inflation? You see that economist play with economic adjustment knowhow, however they do not know or care about the Central Bank policies and IMF policies. If they do the certainly don’t show it in these articles.)

In contrast, Nouri explained that depreciating the dollar—i.e., increasing the purchasing power of the dinar—reduces the amount of dinars the Ministry of Finance receives, creating difficulties in implementing the general budget, particularly the operational portion. He pointed out that the decline in global oil prices further complicates this problem, as it impacts the state revenues needed to finance the budget.

(Mnt Goat – I don’t know if this is an error in the translator but by devaluing the dinar would DECREASE not INCREASE the purchasing power.)

The economic expert noted that many governments around the world are adopting austerity measures in public spending, particularly regarding unnecessary benefits, to ensure the sustainability of the general budget and meet only basic needs. Nouri concluded his statement by emphasizing that such measures are a necessary solution to support the budget in light of the current economic challenges.

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THE CENTRAL BANK OF IRAQ REVEALED ON THURSDAY A DECLINE IN THE COUNTRY’S CURRENCY EXPORTS AND INFLATION FOR THE SECOND HALF OF 2025.

The bank stated in a report that “the currency issued by the bank recorded a 3.8% decline in the average rate in the second half of 2025, reaching 98.4 trillion dinars, compared to its value of 102.3 trillion dinars in the second quarter of 2024.”

He added, “The decline in the issued currency has contributed to a decline in the inflation rate, which maintains the stability of the general price level.”

The bank’s report also indicated that “the inflation rate decreased by 76% in the second half of 2025, reaching 0.8%, compared to the second quarter of 2024, which reached 3.3%.”

He stressed that “the decline in the inflation rate indicates a decline in the general price level and leads to an improvement in the purchasing power of individuals and institutions.”

Issued currency is defined as: the currency issued by the Central Bank of Iraq into circulation (i.e., printed), excluding the currency in the vaults of the CentralBank.

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THE REASONS FOR THE APPRECIATION OF THE DOLLAR

(Mnt Goat: After reading this article today if you can’t see that having the dinar pegged solely to the US dollar is the problem, then I can’t help you. It is time to get off the petro dollar. Will the US allow Iraq its true freedom and sovereignty? When will this happen?)

The exchange rate of the US dollar against the Iraqi dinar has increased, a spokesman for the currency market in Sulaimani said.

Jabar Goran, spokesman of the Sulaimani currency market, told the official website of the Kurdistan National Union (PUKMEDIA): It was the result of a series of corruption and improper trade between Iraqi banks and some businessmen, who sent more money abroad in various ways and then imported the money back into Iraq and sold it in the market The Iraqi dinar had depreciated in the market.

“Another reason for the appreciation of the dollar against the Iraqi dinar is that Iraq buys gas from Iran in dinars, and Iran exchanges the Iraqi dinar for dollars inside Iraq,” he said The supply of the dinar will increase and the demand for the dollar will increase in the market.

Meanwhile, a spokesman for the dollar market said banks that have previously conducted such transactions may be punished and some of them have been taken legal action against them, which is another reason for the appreciation of the dollar and the depreciation of the dinar.

The exchange rate of the US dollar against the Iraqi Dinar was 140,500/100 US Dollars in the Kurdistan Region of Iraq on Wednesday, August 20, 2025. The exchange rate of the US dollar against the Iraqi Dinar was 142,100/100 US Dollars.

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CAUGHT BETWEEN THE GRIP OF THE LAW AND THE LURE OF QUICK PROFITS, A SUDANESE ADVISOR EXPLAINS THE DOLLAR’S RESURGENCE.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, explained on Wednesday (August 20, 2025) that the return of the dollar’s exchange rate to high levels in local markets is due to the activity of speculators and cross-border traders who balance the risks of compliance with laws and the cost of official procedures with the speed of parallel financing and the ease of generating profits.

In an interview with Baghdad Today, Saleh said, “Small commercial activity, which constitutes more than half of Iraq’s foreign trade volume, tends toward the parallel market whenever the cost of banking and customs compliance increases, while the cost of informal financing decreases.” He pointed out that this behavior directly impacts the exchange rate.

He added, “Despite the regular availability of dollars through the formal banking system, some traders prefer parallel financing due to the trade-off between rapid profitability and legal risks, particularly in small-scale cross-border trade.”

(Mnt Goat: Here are the only solutions but these solutions will NEVER work and they traders will always find loopholes and take advantage of them. My point is to get off the sole peg to the dollar and make it less valuable. Then need a multi-currency peg. This would stop all this corruption.)

He noted that the solution lies in “strengthening regulatory oversight, tightening anti-money laundering enforcement, and activating customs tracking systems and digital monitoring of imported goods.”

Saleh continued, “Strict and extensive control of border crossings over unofficial imports will contribute to stabilizing the parallel market and decreasing the value of the dollar against the dinar.” (Mnt Goat: This is what they supposedly were already have done, but did it work? The answer is NO, unless they didn’t actually implement and enforce the measures they told us about. A small hiccup in the market and dollar rises again. ☹  Don’t believe me? Read the next couple paragraphs. The RV saga continues….)

Last year, the Central Bank of Iraq launched a reform package that included an electronic platform for remittances and the implementation of advanced customs and banking audit systems. However, small traders and speculators are turning to the parallel market because of the ease and speed of financing compared to official procedures.

Economists believe that exchange rate stability requires implementing strict control systems at border crossings, curbing smuggling and parallel trade, and achieving a balance between supply and demand for foreign currency within the country.

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

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

August 19, 2025 Mnt Goat News Brief

Guten Tag everyone:

Today I am bringing you amazing news of the dinar redenomination and that it is now in site, pay attention. Again, please listen to the intro audio for today’s Newsletter.

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.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. I did not ask for a penny from anyone., At this time more than ever I do not need to spend my time doing all this as it has become another part-time job for me. My time is hard to find, as I have to hold down two other formal jobs already due to COVID just to keep the business going. So, I do this Newsletter out of charity and LOVE for YOU. I already know this info and I do not have to pass it on to you. I do it mostly out of LOVE for my neighbor as the bible says, but let’s be real this is also hard work and the bible also says we should be paid fairly for the labor to which we work.

2 Thessalonians 3:10-12: For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat. For we hear that some among you walk in idleness, not busy at work, but busybodies. Now such persons we command and encourage in the Lord Jesus Christ to do their work quietly and to earn their own living.

I recommend $10-$15 dollars a month or whatever you can afford. I do not beg for money and never will. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. The future of the Newsletter depends upon you. This is like a third job for me and like you, I deserve to get some gratitude for all the hard work that I do. You do want the TRUTH, don’t you? Would you go to work each day and not get paid?

 Let’s all try to chip in!

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Matthew 10:8

“Freely you have received; freely give”.

More news….

US forces prepare for a complete withdrawal from Baghdad to Erbil.

An Iraqi government source revealed on Sunday that US forces will begin a full withdrawal from the capital, Baghdad, toward Erbil in September. The government source told Al Jazeera that “the international coalition will withdraw from Ain al-Assad, Baghdad Airport, and the Joint Operations Command toward Erbil.”

He also stated that “the withdrawal of coalition forces will take place next September, in implementation of the agreement between Baghdad and Washington,” indicating that “military trainers will remain in the country and have nothing to do with the withdrawal of international coalition forces.”

(US forces are NOT leaving Iraq as a whole, just moving up to bases in Kurdistan)

More news….

ECONOMIST: IRAQI BANKS CONTINUE TO GRADUALLY EMERGE FROM THE IMPACT OF US SANCTIONS.

Economic expert Mustafa Akram Hantoush confirmed that the Iraqi banking system has been experiencing a state of “restriction” for a long time.

In a televised interview followed by Al-Maalouma Agency, Hantoush said, “Iraqi banks are going through a transitional phase from the effects of sanctions towards openness, which requires serious and continuous reforms.”

He pointed out that “Rafidain Bank’s partnership with American companies represents a correct step towards strengthening confidence in the Iraqi financial sector.”  

More news….

THE WITHDRAWAL OF THE US COALITION… IS THE WAR OVER OR HAS NEW INFLUENCE BEGUN?

The US Embassy in Iraq announced on Monday that the withdrawal of the international coalition from the country does not mark the end of its work against the terrorist organization ISIS, noting that its military mission will transform into a bilateral security partnership with Iraqi security forces.

In statements to Al Jazeera, monitored by Al-Mustaqilla, the embassy confirmed that the international coalition will continue its civilian efforts worldwide, raising questions about the form and extent of future US intervention in Iraq and the extent to which this partnership will impact Iraqi sovereignty.

Observers believe this shift may represent a less obvious reshuffle of the US presence, but it could continue to shape the course of politics and security in Iraq. While others believe the bilateral security partnership could give Iraqi forces an opportunity to independently enhance their capabilities to counter terrorism, the ambiguity surrounding the nature of this partnership raises concerns about the continued indirect influence of foreign powers.

More news….

THE VALUE OF IRAQ’S GOLD RESERVES HAS INCREASED.

(What? The dinar is still at 1/6 of a penny.)

An economic observatory announced, on Tuesday, an increase in the value of the reserve. Iraq Gold prices rose by 4.76% during the first half of this year, as a result of…Gold prices rise globally.

The Observatory said in a statement seen by Reuters: Alsumaria Newsthat “Iraq owns 162 tons of gold as part of his national reserve,” noting that “the price of a ton of gold was 105 million US dollars in January 2025, and gradually rose to reach 110 million US dollars by the end of June 2025.”

He added, “This increase in the price of gold has directly contributed to raising the value of Iraq’s gold reserves,” stressing that “gold remains one of the most important strategic assets that enhances the country’s financial strength. The observatory noted that, Gold prices rise globally, over the past months, it reflects the volatility of global markets and directly impacts the value of national reserves in many countries, including Iraq.
He explained, “Monitoring gold prices on a regular basis enables Iraq to accurately assess the value of its reserves and make appropriate economic decisions to maintain the stability of the country’s purchasing power.”

STATUS OF THE RV

WOW! We are more than half way through August already and the summer is flying by. What will the fall into winter period bring us? Will it bring us the RV process we have been waiting for?

Of course, no one really knows except the planners in the CBI. My CBI contact tells me that there is a VERY strong possibility that Sept-Dec will be the phase in of the redenomination to the newer lower denominations of the IQD. We were told that even with the electronic banking and inclusion efforts along with the digital dinar, there will be a need for hard currency on the streets, and this will NOT go away.

As you may recall, I do listen to many of the intel calls and nosey around in the forums. I do this to help clarify their nonsense. On a call, the RV guru talked about two more rate changes. We must be careful how we use the English language when we give out information. People hear what they want to hear. The fact is there will only be one more rate change and it will be a change in-country only. Then the reinstatement, which would more than likely bring the rate up even more. Can you call this two rate changes? Technically YES, but let’s not confuse the process. There is no guarantee the reinstatement will be different from the in-country rate and, in fact, it could come out the same as an initial “sucker” rate, maybe. But what we do know for sure is there will NEVER be two “official” rates for the dinar. The in-country rate will be the reinstatement rate also once the reinstatement occurs, get it? Why in hell do you think they had to have the parallel market come in line with the official CBI rate? Did they do this for their health? Didn’t you learn anything from what the CBI has been telling us in the news? So they did this so there can be control over their own currency. There can NEVER, NEVER be two official rates! 😊. Get it?  

There have been many solutions implemented to obtain the nearly 80% of the Iraqi currency hoarded outside the banking system. Unfortunately, none of these solutions have seemed to work to the degree of the needed success. What will the CBI do now? Will a redenomination be the answer?

This hoarded capital is much needed to continue the progress of the Development Road and other projects in Iraq. The banks need this money to loan out. So why doesn’t the CBI just print more money and solve this problem?

As readers of my blog, you all should realize by now part of the monetary reform is to shrink the monetary supply by almost two thirds. Why would the CBI print more money at this stage of the game? Instead, they told us they must shrink if back to 2003-2004 era levels. They must get this 80% of the cash into the banks. The CBI in the past was forced to print and issue more dinar to combat stolen funds and hoarded cash stashes. But they have moved into the next phase of financial reform, not survival. So now they must shrink it back and go back to lower denominations and coins. Remember that when you shrink the money supply you can increase the value of the money that remains in circulation. Think about it, it’s not rocket science to understand. It is right along with simple micro economics of supply and demand. This is also why they had to curb the loosey-goosey parallel market and get it inline, not to mention the corrupt money smuggled out of Iraq to Iran.

In the past month there has been nothing but much more VERY GOOD news coming from Iraq. Sure, there are still issues remaining such as the PMF militias and the looming deadline of August 31^st for these smaller banks to comply with the reform plan drawn up by the American company Oliver Wyman, before the Iraqi banking system is forced to liquidate violators. 

Please see articles titled:

 “IRAQ SHUTS 10 BANKS IN RESTRUCTURING SCHEME”

“IRAQ FACES US BANKING GUARDIANSHIP… TWO CRUCIAL WEEKS FOR PRIVATE BANKS” (but only for these 10 banks)

“TWO WEEKS AHEAD OF IRAQ’S “MONEY”… THE CENTRAL BANK IS “VERY EMBARRASSED” BEHIND THE SCENES IN BAGHDAD”

You think this news is important to Iraq? This news is plastered all over Iraqi newspapers and internet news channels. Oh…. I think it’s VERY important and is pivotal to what we are looking for. The American company Oliver Wyman is just not any financial firm. They specialize in consulting with issues that face these smaller banks. I also firmly believe that the current US President Trump and the US Treasury team sent Wyman to Iraq for this purpose. But why now? Why was this not done in prior years?

Remember the US Treasury is still residing in the main CBI headquarters building.

First, I do believe the past administrations of Obama and Biden eras could not give a damn about Iraq. Remember Obama pulled the US military out of Iraq in 2011 compromising its security situation, causing a major blunder and allowing ISIS to penetrate into Iraq. This caused a four year delay (2014-2017) in the banking reform process, as most of the resources went to fighting ISIS not fighting corruption.

Barrack is very close to the Muslim Brotherhood, a terrorist organization on the terrorist list. I believe he is a Muslim himself and used the Biden as his third term in office. This is all now be exposed so Mnt Goat is not a conspiracy theorist. How do we get these incompetent presidents governing the US and the states? So, the Obama and Biden past were more concerned about stealing money from Iraq and funneling funds to Iran to counter the sanctions, sanctions which were imposed as foreign policy only under pressure from the republicans in the first place. In other words, it was all a sham and a scheme and now someone has to clean up their mess once again. This must be done if the redenomination is to take place. Certain elements with the banking system must be in place. The Trump administration also has a plan working with the CBI through the US Treasury and Federal Reserve. The Trump administration knows the wealth that can come from Iraq, not be stealing and laundering it, but by American companies working with Iraq. The banking climate must be right in order for this to happen. This is why the urgency to get this last step of the banking reforms completed now. Again, why now? Could the January reinstatement 2026 be right around the corner?

I know, I know I certainly hear everyone and the cry-babies who will tell me “but we heard this before and nothing happened..bla, bla, bla”. Yes, you have heard it before and nothing did happen, but instead of drowning in your tears, how about learning WHY it did not happen and educate yourself on this matter. I have to tell you it has been scheduled many times in prior years to happen. I have already reviewed why and showed you the evidence in my past Newsletters. What more do you want?

Yes, something might also happen this January too to stop it and I certainly pray nothing stops it. All I can do is deliver to you the current evidence that is making a really good case that this event will happen in January 2026. Again, we have to watch for the redenomination to occur (the Project to Delete the Zeros). I am told this may occur in Sept-Oct timeframe continuing to the end of the year. As investors all we can do is sit tight and watch.

I need to talk briefly on the K2 Integrity contract recently formed with Iraq. Here is the link to fully learn what this company does Home – K2 Integrity. In the article titled “RAFIDAIN: OUR AGREEMENT WITH K2 INTEGRITY PUTS IRAQ ON THE MAP OF THE GLOBAL FINANCIAL SYSTEM.” Rafidain Bank’s General Manager, Ali Karim Al-Fatlawi, emphasized that signing the partnership agreement with K2 Integrity represents a qualitative shift in the bank’s journey and the Iraqi financial sector. He noted that this strategic step transforms Rafidain Bank from a traditional local institution to an integrated banking platform directly aligned with international standards. So, what bank do you think is going to handle the bulk of the flow of dinars to and from Iraq in the future post-RV?

There is other news too that we should be paying attention to such as in the article titled “FROM BASRA TO MANHATTAN: THE FULL STORY OF IRAQ’S MONEY BEING WITHHELD BY THE FEDERAL RESERVE”.  This is a long article but I highly recommend everyone to take the dive sit down calmly and read it. It really gets my Goat what the US does to these countries and how crooked politicians manipulate these countries. Why? It is simply because they can. Will Iraq finally be able to break free from the chains of the US Treasury from under the DFI fund? I quote from the article- “Iraqi wealth is transformed into numbers in American financial books, subject to strict oversight and procedures that leave no room for maneuver. These arrangements were created in 2003 but remain in place today, even though their original justifications (on paper) have disappeared.” Yes, all sanctions were lifted in 2022 and so why is this arrangement of the “petro dollar” still in place? This too had to change.

Yet another couple articles titled “IRAQ’S OIL FORTUNE: THE TWO-DECADE GRIP OF A US ‘FORTRESS’ “ and titled “ECONOMIST: BILLIONS OF DOLLARS LOST DUE TO US CONTROL OVER IRAQ’S RESOURCES”. You can go read these articles yourself in the Articles Section of the Newsletter. I recommend you read all three to really get at the heart of who is controlling the wealth of Iraq. Then connect the dots. We can clearly see that Iraq will not and can not reinstate the dinar until the US says it can.

As I have said many times too that in the midst of all this behind the scenes stuff the CBI keeps moving ahead on the path to the reinstatement through the banking reforms and aligning Iraq internationally. I know that this reinstatement will happen and has to happen. There is no doubt in my mind and you too should have no doubt. I believe that we have the best opportunity right now for this RV process to progress in the twenty years I have been following this RV saga. If you are holding enough dinar you are already a millionaire only we can’t go to the bank yet. About all these other currencies we hear about? I can not speak as loud for these other currencies such as the Vietnam Dong and other, however I will say that it would not surprise me a bit if they did put many of them in many baskets to support each other and this would put them on a  more level playing field, as President Trump has stated many times will happen. He did not say “might” or “may” happen, he said “will” happen.

As far as the Zimbabwe dollar goes I am still a bit skeptical because I know in 2016 they voided out these multi trillion notes and redenominated to the lower denominations. At that time they did start with the Zimbabwe dollar equal to the US dollar 1:1 but this quickly fell apart and did not last. Soon hyper-inflation set in again. I believe it is now worth about 13-23 cents but this is for the newer denominated notes not the older pre-2016 notes. Unless Zimbabwe makes the much needed, other structural banking and financial reforms, this will never work for them. Anyhow I only caution anyone who invests in these other currencies thinking they are going to make them rich. The ONLY sure currency I now know of is the Iraq dinar. You may not get as much return on it but it is SOLID.

This RV Status is getting too long already today and so I have to conclude. In conclusion we must all pray and pray hard that nothing fouls up the process. There is still many possibilities that can foul it all up. One is security with the issue of the PMF (Iran’s militias in Iraq). The other is the salaries with the Kurds and the Oil issues. I believe all of these  issues will eventually work out but what will their timing be? So, let’s pray for the Iraqi people and this financial process to move ahead. It is time for it!

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:

                                         

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

Prophetic Words from prophet Julie Green:

“JUDGEMENT IN DC IS ABOUT TO INTENSIFY“ 

You can go to mark 8:56 on the video to start prophecy. From Aug 10.

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DC FEDERAL TAKEOVER CONTINUES WITH NEW ARRESTS, CHECKPOINTS AND CONCERNS FOR THE HOMELESS

BONDI PUTS SANCTUARY CITIES ON NOTICE WITH STRICT DEADLINE

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

THE SCHIFF IS ‘HITTING THE FAN’

JEANINE PIRRO HIGHLIGHTS ‘SILENT VICTIMS’ KILLED IN DC

SOROS FINALLY IN THE CROSSHAIRS OF AN OFFICIAL INVESTIGATION

Incidentally, God did tell us through His prophets, that Soros is going to be exposed and lose his fortune and influence from politics. We are just seeing Pandora’s box being opened on this prophecy now. Yes, this is the beginning of the end of Soros. Pay attention this all  matters when it comes to Iraq. This is all tied together.

EPA TO REVERSE UNSCIENTIFIC JUSTIFICATIONS FOR CLIMATE CHANGE

Oh… is this climate change BS finally being challenged with common sense and legal grounds? We must understand it was just yet another communist narrative to drain money foolishly, create slush funds and cause yet another crisis. Yes, more FEAR. They trive on crisis after crisis.

IS VOTER FRAUD STILL ONGOING?

THINK, THINK and THINK SOME MORE! Why did the democrats win so many seats in Congress and the Senate in spite of Trump winning the national popular vote and the electoral college vote?

For the executive branch the election was a “landslide”. So then why are the margins on the congressional and senatorial side of the house still so slim? The republicans in the last many elections just can’t see to gain any kind of real margin of victory in certain key states, in spite of winning the presidency. Does this sound weird to you? Sounds to me there is still massive voter fraud going on in many of these states. Let’s take a deeper dive into this today because this does impact what is going on in Iraq and it is important to our investment in the dinar.

When you go to vote, most vote a straight party ticket. Sorry if you don’t but data shows the majority of people do vote this way. So, if this is the case you can then see the fraud as votes were switched from republican tickets to democrats for the congress and senate positions that were open in 2024. It is obvious something is not right.

Now if you watch this broadcast you will see a map of Illinois, like the one above. Could this districting be the reason why? The voter fraud is obvious. But let’s take these thoughts a step further and go to the state of Massachusetts. Not a single seat today is held by a republican in the house today. Does this seem weird to you because if it does it reeks of voter fraud.

God, through His prophets, tell us that there was massive voter fraud and he is going to correct it. Let’s watch how this all plays out. The important part is that there will be a coming fairness in the voting in the U.S. Also we must PRAY and give thanks to God for how he helped bring back TRUTH and HONESTY to politics in the U.S.  

INVESTIGATION CONFIRMS HORRIFYING ELECTION SCANDAL — DEMOCRATS ‘STOLE HOUSE SEATS’

NOW WE LEARN WHY TEXAS DEMOCRATS FLED TO ILLINOIS

Of course, it was to hide from the Texas legislature so as to block the voting process on redistricting of their state. The legislature needs a quorum to even take the vote. But why did they flee to Illinois of all states? Today we get some insight into why Illinois.

Maybe, or most likely, you don’t live in Illinois or Texas and so who cares about all this? As responsible citizens of a constitutional republic we all should care and the carelessness of the citizens of this republic in the past has gotten us into this mess. But then is then and now is now. Now its time to fix this mess.

BIDEN HIT WITH STUNNING DEVELOPMENT — HIS PRESIDENCY COULD BE ERASED. Really?

Many of you folks reading this will turn up your nose and tell Mnt Goat this will never happen. Really? Folks, as I have said to you many times this is not normal times we are living in. There was a coup to take over the country and it was led by the new Marxist party of democrats. Aren’t you even paying attention?

THE CASE OF THE JACK SMITH: ACTIONS AGAINST TRUMP ARE NOT GOING AWAY.

— federal judge orders release of all documents related to cases against Trump. Stay tuned you are going to hear much more about this in the coming months.

WHAT DEMOCRATS SO FAR ENDORSE HAVING A MARXIST SOCIAL COMMUNISTS MAYOR FOR NYC

Folks, we should not even be having this conversation. A communist candidate being endorsed by members of a major political party? Really? This shows us just how far left the left has gone. Whether you are a liberal, conservative or any other political thinker you need to remember these names and remember them well, when you go to vote at their time for re-election. They all have to go along with their buddy Mamdani. Throw these bastards out. The question now lies will Americans in NYC be stupid enough to vote for Mamdani. Oh…maybe they have BIG plans to rig the election anyhow?

THE CLEAN UP OF THE DISTRICT OF COLUMBIA, WASHINGTON DC HAS BEGUN

https://videopress.com/v/7rlolYys?resizeToParent=true&cover=true&posterUrl=https%3A%2F%2Fvideos.files.wordpress.com%2F7rlolYys%2F081225-trump-and-clean-up-of-dc-1_mp4_std.original.jpg&preloadContent=metadata&useAverageColor=true

A Deep Dive Into Epstein – Dr. Jan Halper-Hayes

BONDI BOMBSHELL — OBAMA’S NAME IS ON THE “TOP” OF THE LIST FOR RUSSIAGATE

Forwarded to the Grand Jury for review this week.

TRUMP ISSUES FIERY RESPONSE TO TEXAS DEMS: ‘DO YOU NOTICE THIS’

STATE LAUNCHES INVESTIGATION INTO WHO IS FUNDING TEXAS DEMOCRATS’ WALKOUT

THE REAL RUSSIA COLLUSION STORY WITH JOHN SOLOMON: LAID OUT IN SIMPLE TERMS.

TRUMP JUST UNCOVERED A MUCH BIGGER SCANDAL THAN RUSSIAGATE 

As if that could be possible….

US INSTITUTE: IRAQ 2025 IS NOT IRAQ 2003, AND TRUMP IS INVITED TO VISIT IT

The American Middle East Forum Institute called on the US administration to avoid igniting a new war with Iraq, and instead suggested dispatching Steve Witkoff, President Donald Trump’s special envoy, to visit Baghdad and view it from the perspective of 2025, rather than through the “outdated” lens of 2003.

The institute stated in its independently translated report that the Iraqi capital has witnessed radical transformations over the past two years, including active traffic through the former Green Zone, the opening of modern highways and bridges, and major construction projects overlooking the Tigris River. It noted that the US Embassy, once a prominent symbol on the riverbank, now appears “insignificant” next to the towering residential towers, while major hotel projects such as the Mövenpick and Rixos are nearing completion, preparing to receive hundreds of businessmen daily.

The report added that much of the investment financed in Iraq comes from Iraqi funds, despite Baghdad’s efforts to attract international partners. It noted that nearly half of the country’s population was born after the 2003 war, creating a new youthful energy that is pushing for change.

He noted that Iraq is also witnessing a generational shift in politics, with post-war leaders aging or in deteriorating health, while younger politicians such as Muqtada al-Sadr and Qais al-Khazali are trying to redefine their roles. He also noted that Iraqi armed factions, with limited exceptions, have refrained from engaging in the war between Iran and Israel, and that Shiite leaders have written to Iranian Supreme Leader Ali Khamenei to protest the Revolutionary Guard’s interventions.

The report described the current climate in Baghdad as resembling Dubai in 1995, with business activity booming and politicians keen to protect this trend from any disruption. It considered Trump’s policy of prioritizing business over military or diplomatic interventions to be consistent with sending Witkoff to Baghdad, but this has not yet happened, which the institute considered a “serious oversight.”

The report also recalled that former President George Bush envisioned a democratic, economically prosperous Iraq, and that his miscalculation was in estimating the timeframe needed to achieve this. It urged Trump to realize that the absence of American companies from Iraq leaves the door open to competitors from Egypt, the UAE, Turkey, and China.

The institute concluded that investing in Iraq’s thriving economy could be an effective tool to distance it from Iranian influence, arguing that “the greatest gift Trump could offer the marginalized Iraqi opposition as the elections approach would be economic, not military, action.”

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IRAQ SHUTS 10 BANKS IN RESTRUCTURING SCHEME

Iraq has ordered the liquidation of 10 of its banks as part of plans to restructure its financial sector after some failed to return funds to depositors, the governor of the Central Bank of Iraq (CBI) has revealed

Ali Al Allaq said the government is pushing ahead with the restructuring to restore confidence in the banking sector that has been jolted by large losses and corruption over the past few decades. In statements published by the local press on Tuesday, Al Allaq said Iraqis no longer trust banks as nearly 80 percent of their money is kept at home instead of local banks.

 “The reforms approved by the government in 2025 are intended to tackle imbalances and weaknesses in the banking sector. They also aim to upgrade banking services to international standards,” Al Allaq said. “Only around 10 percent of the banks have expressed reservations at the reform plan. There are also 10 banks under liquidation for their failure to return funds owned by depositors,” he added without naming those banks. The announcement comes ahead of Iraq’s next parliamentary election, scheduled for November 11, 2025. 

The US management consulting company Oliver Wyman, which is involved in the plan to restructure Iraq’s banks, has asked CBI to force private banks to increase their capital through mergers or they will have to quit or shut down.

An adviser to Iraq’s Prime Minister Mohammed Al Sudani said in June that EY is also carrying out a parallel study, which includes changing management of public banks and reducing the government’s share in the country’s largest public bank, Al Rafidain Bank, to 24 percent. Iraq has seven major government banks besides more than 50 national and foreign ones, including 27 Islamic banks, according to the central bank. 

In mid January, the Iraqi cabinet announced plans for restructuring public banks, including the creation of a new giant bank. 

The bank, to be called First Rafidain Bank, will have a paid-up capital of 500 billion Iraqi dinars ($382 million), to be raised later to one trillion dinars ($764 million), of which the government will control nearly a quarter of the capital. Rafidain Bank was established in 1941 and became a state-owned bank in the 1960s wave of nationalization by the ruling Baath Party. In 1988, Rafidain’s nonperforming assets were carved out into Rasheed Bank.

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THE GOVERNOR OF THE CENTRAL BANK OF IRAQ RECEIVES A DELEGATION FROM THE ISLAMIC CORPORATION FOR THE INSURANCE OF INVESTMENT AND EXPORT CREDIT (ICEIC).

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received a delegation from the Islamic Corporation for the Insurance of Investment and Export Credit (ICEIC), a subsidiary of the Islamic Development Bank Group.

His Excellency discussed strengthening cooperation between the two parties, in addition to presenting a study by the Corporation in the field of loan insurance for foreign and investment companies, which cover the financing of major strategic projects with the Iraqi government.

The delegation also praised the remarkable progress in various sectors, supported by the state of stability that expands investment opportunities in Iraq and, accordingly, expands the role of the Islamic Development Bank in financing projects.

Central Bank of Iraq 
Media Office 
August 14, 2025

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FROM BASRA TO MANHATTAN: THE FULL STORY OF IRAQ’S MONEY BEING WITHHELD BY THE FEDERAL RESERVE

At dawn, giant oil tankers dock at the docks of Basra port, loading pipes gleaming under the lights, and pumps pump millions of barrels of crude into the bilges of ships bound for world markets.

A scene that reflects immense wealth, but what is often overlooked is that the bulk of the proceeds from this “black gold” travel a route that does not end in Baghdad, but rather extends across the Atlantic Ocean to the heart of Manhattan in New York, inside the fortified US Federal Reserve building.

There, Iraqi wealth is transformed into numbers in American financial books, subject to strict oversight and procedures that leave no room for maneuver. These arrangements were created in 2003 but remain in place today, even though their original justifications (on paper) have disappeared.

For many Iraqis, this equation amounts to little more than a combination of protection and guardianship, with officials and analysts saying that any attempt to sever this link could mean freezing assets, disrupting employee salaries, or even losing control over the country’s finances.

These concerns did not arise out of thin air. Rather, they are an extension of a long process that began with UN resolutions and US executive orders that shaped the management of these funds since 2003. Therefore, the Shafaq News Agency team began investigating the background of this file, opening what some describe as the “black box” of the financial relationship between Baghdad and Washington. How did the arrangement come about, why does it continue to this day, and who benefits from keeping Iraqi funds under external supervision?

From the Security Council to the American umbrella

In May 2003, the Security Council issued Resolution 1483, which required Iraq to transfer all oil and gas revenues to a special account in the name of the Central Bank of Iraq at the US Federal Reserve, under UN supervision, with 5% of the revenues to be set aside for reparations to Kuwait for the 1990 invasion. In parallel, then-US President George W. Bush issued Executive Order 13303, which granted these funds full legal immunity from any seizure or confiscation.

Over nearly two decades, Iraq continued to pay reparations, reaching a total of $52.4 billion, and the Kuwait case was finally closed in 2022. But despite the original commitment ending and UN protection being lifted in 2011, Washington has continued to renew the executive order year after year, most recently in May 2025.

For American policymakers, the arrangement has transcended its original purpose, becoming a tool for ensuring financial stability in a country experiencing political and economic volatility, while also providing a means of monitoring the dollar’s movements and protecting strategic interests.

Between Washington and Baghdad

In Washington, economists do not view this mechanism as merely a technical financial measure. For example, Dr. Frank Musmar, an economist and chairman of the University of Maryland’s Advisory Board, describes it as “more than just a financial measure.”

He told Shafaq News, “The Federal Reserve provides Iraq with a safe haven for its revenues amid volatility in energy markets, and enhances investor confidence that funds are managed according to transparent standards. Its presence there also allows Iraq easy access to the US financial system, facilitating debt repayment and import financing.”

But Mismar warns of the other side of this umbrella: “This is a double-edged sword. The United States can, if it wants, use this money as a political bargaining chip. Iraq is here between financial stability and the loss of some of its economic sovereignty.”

On the other side of the river, in Baghdad, Mazhar Mohammed Salih, the prime minister’s economic advisor, defends keeping the funds at the Federal Reserve as a “legal safety net” that allows for diversification of reserves and depositing a portion of them in other central banks protected by law.

He told the agency: “The United States does not control oil revenues themselves, but it does control the movement of the dollar, a reality imposed by the US currency’s position in the global financial system.”

Money under the microscope

According to leaks obtained by Shafaq News Agency from a senior source in the Central Bank, the balances deposited in the Federal Reserve range between $80 and $85 billion. These funds are used to finance foreign trade, pay the state’s obligations, control the dinar exchange rate, and curb inflation.

However, after discovering routes for smuggling dollars to Iran and other sanctioned countries, the US Treasury Department tightened controls and imposed sanctions on 35 of Iraq’s 72 banks, including the Bank of Baghdad, which holds accounts for US embassy staff. These restrictions have reduced the flow of dollars into the local market, driving up the exchange rate and increasing the cost of imports, weighing heavily on commercial activity and citizens’ livelihoods.

Old debt risks

In international markets, these reserves are viewed as a key guarantee for meeting international payments and a safety valve against oil price fluctuations. Any indication of a change in the deposit mechanism or a relaxation of US oversight could raise Iraq’s borrowing costs, impact its credit rating, and potentially put the dinar under additional pressure.

In this vein, economic expert Nabil Al-Tamimi warns that excessive reliance on the US umbrella conceals a greater risk, noting that “there are debts and claims that have not been settled since 2003, making assets vulnerable to seizure if they are removed from the Fed’s protection. Negligence in closing debt files has left legal loopholes that can be exploited.”

He adds that part of these risks are due to “defects in government performance after 2003 and the lack of serious follow-up on these commitments.” In contrast, Mahmoud Dagher, a former banking official, believes that withdrawing funds from the Federal Reserve would be a “strategic mistake,” noting that “the international immunity enjoyed by the Federal Reserve protects Iraq from any claims, given the existence of unresolved international financial cases against the Ministry of Finance.”

Iraq relies on oil to finance more than 90% of its budget, making the timely arrival of revenues extremely critical. Any delay, whether for political or technical reasons, could lead to a crisis of confidence locally and internationally, placing the dinar under additional pressure in the markets.

Between the desire to regain full control over the funds and the need for the legal protection provided by the US umbrella, the issue remains open to multiple possibilities, from renegotiating the deposit mechanism to maintaining the status quo out of necessity.

But the deeper question revolves around Iraq’s ability to balance its economic sovereignty with protecting its finances. As Mismar warns, “Relying on the US Federal Reserve is like walking a tightrope. It provides Iraq with a financial safety net, but it could at any moment become a pressure tool if political calculations change in Washington.” This serves as a reminder that managing national wealth is not just a matter of numbers and calculations, but a daily test of decision-making independence.

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ANKARA SENDS BAGHDAD A DRAFT OF A NEW OIL AGREEMENT: THE CURRENT SITUATION DOES NOT MEET OUR EXPECTATIONS.

Turkey’s Energy Ministry announced on Friday that Ankara is seeking to conclude a new pipeline agreement with Iraq, confirming that it recently informed Baghdad that the current oil export agreement no longer “meets ambition.”

Turkey Today quoted Energy Minister Alparslan Bayraktar, in a statement translated by Shafaq News Agency, as saying, “The pipeline with Iraq has a capacity of 1.5 million barrels per day, but it has not been operating at full capacity for 50 years.”

He added, “We recently informed the Iraqi government that the current agreement no longer meets expectations and does not respond to the world’s energy needs today, and we have sent a new draft agreement.” He stressed, “We are currently reviewing the structure of the new draft, and I hope the technical teams will meet soon to begin negotiations on the new agreement.”

The Turkish minister emphasized that “the Iraqi government’s goal is to fully exploit this pipeline,” explaining that “Turkey’s oil and gas exploration and production strategy focuses on domestic production while evaluating opportunities abroad, especially since it currently produces very small quantities of oil in Iraq.”

Turkish sources had previously revealed that negotiations had begun between Ankara and Baghdad to reach a new, more comprehensive oil transport agreement. A Turkish presidential decree published in the Official Gazette on July 21 indicated that the current agreement, signed between the two countries in 1973, would expire on July 27, 2026.

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IRAQ’S OIL FORTUNE: THE TWO-DECADE GRIP OF A US ‘FORTRESS’

Before dawn in Basra, giant oil tankers edge into the jetties, loading arms glinting under floodlights as millions of barrels of crude stream aboard for export. Yet most of the proceeds from this trade never pass through Baghdad’s vaults. Instead, they cross the Atlantic to a heavily fortified building in Manhattan — the US Federal Reserve Bank of New York — where they remain under strict American oversight.

What began in 2003 as a “temporary safeguard” after the invasion and the fall of Saddam Hussein has endured for 22 years, outliving its original UN mandate and embedding itself in Iraq’s financial system — and in the debate over whether such oversight protects or undermines the country’s economic sovereignty.

From Mandate to Custody

In May 2003, UN Security Council Resolution 1483 required Iraq to deposit all oil and gas revenues into a Federal Reserve account under UN monitoring, with 5% deducted for reparations to Kuwait. That same month, then-US President George W. Bush issued Executive Order 13303, granting the account full legal immunity from seizure.

For nearly two decades, Iraq sent steady payments to Kuwait — $52.4B in total — until the last $44M cleared in late 2021, closing the file. Iraqi lawmakers hailed it as “a new beginning,” yet the financial mechanism remained.

UN Security Council Resolution 1956, adopted on December 15, 2010, ended the UN-supervised arrangements for the Development Fund for Iraq (DFI) as of June 30, 2011. Yet Washington has renewed the executive order every year since — most recently in May 2025.

In US policy circles, the arrangement has shifted from a post-war safeguard to a permanent instrument — one that, according to American officials, helps stabilize Iraq’s fragile economy and monitor dollar flows.

Supporters point to improved investor confidence and reduced risk from oil market volatility, while critics see a foreign power keeping a hand on Iraq’s wealth.

Billions in New York

Central Bank of Iraq (CBI) officials told Shafaq News, in condition of anonymity due to the sensitivity of the matter, that the US Federal Reserve currently holds between $80B and $85B of Iraq’s reserves. These funds pay for imports, settle foreign obligations, stabilize the dinar, and help curb inflation — making uninterrupted access critical to Iraq’s economy.

However, that dependence has given US regulators leverage; after, what it alleged, tracing dollar transfers to sanctioned states such as Iran and Syria, the US Treasury barred 35 of Iraq’s 72 licensed banks from dollar transactions. Iraqi officials note that banks can be reinstated if they meet compliance standards, but until then, access to dollars remains restricted.

With fewer dollars in circulation, the parallel exchange rate climbed from about 1,470 dinars per dollar in 2022 to peaks of 1,600 in 2024. Higher import costs rippled through markets, straining traders, raising consumer prices, and fueling public frustration.

Washington has also considered limits on foreign electronic payments, potentially affecting the use of international cards — a reminder that decisions made in New York can directly influence transactions in Baghdad’s shops and markets.

Old Debt, New Risks

To some, this Fed account is a vital shield, including Washington-based economist and policy adviser Dr. Frank Masmar, who described it to Shafaq News as “a safe haven for revenues in volatile oil markets” that also facilitates debt servicing and trade finance. He warned, however, that “the United States can, if it chooses, use these funds as political leverage.”

Others in Baghdad, such as Prime Minister’s economic adviser Mudhir Muhammad Salih, call it a “legal safety net” that has allowed Iraq to diversify reserves into other protected central banks. He stressed that while the US does not directly control oil inflows, the dominance of the dollar means transactions are inevitably subject to American oversight.

Meanwhile, Economist Nabil al-Tamimi warned that Saddam-era claims could still be used to target Iraqi assets if they lose the Fed’s legal protection, noting that gaps left since 2003 could be exploited by foreign creditors. Former senior banker Mahmoud Dagher agrees, arguing that with outstanding cases against the Ministry of Finance, moving the reserves would be “a strategic mistake.” Both see the same hazard: without immunity, Iraq’s wealth could become entangled in court battles abroad.

A Delicate Balance

Oil revenues fund more than 90% of Iraq’s budget; any delay in accessing them would disrupt salaries, stall public services, and unsettle markets. Altering the arrangement could also raise borrowing costs, hurt credit ratings, and weaken the dinar — risks Baghdad cannot afford to ignore.

Iraq’s choices are few: keep the system, renegotiate it, or cut the tie entirely. Each path carries consequences beyond accounting and deep into the question of sovereignty.

As some analysts put it, relying on the Federal Reserve is like walking a tightrope — it offers security, but it can become a pressure point the moment “Washington’s political calculus shifts.”

Two decades after the first oil dollars landed in New York, Iraq’s economic lifeline shall continue running through a foreign vault for the foreseeable future — a reminder that in global finance, the lines between protection and control can be dangerously thin.

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THE BAGHDAD INTERNATIONAL ENERGY FORUM: A PLATFORM TO STRENGTHEN IRAQ’S POSITION IN GLOBAL ENERGY MARKETS

(How many more forums or seminars are they going to have? How about making the changes you propose?)

The Baghdad International Energy Forum will kick off in the capital, Baghdad, on September 6 and 7, 2025. Organized by the Ghadan Risk Management Foundation, the forum will be inaugurated by Prime Minister Mohammed Shia al-Sudani, with the broad participation of senior executives from global energy companies, energy ministers, the OPEC President, and international experts. The event reflects the international community’s confidence in Iraq’s capabilities and its pivotal role in this vital sector.
The forum aims to highlight Iraq’s significant potential in the oil, gas, and renewable energy sectors, as a key partner in meeting global market needs and a supporter of international efforts to achieve sustainability.

The forum will be attended by energy ministers from the region and around the world, as well as global energy companies including TotalEnergies, Oman’s OQ, BP, Chevron, Eni, and Shell. Its sessions will address energy security, market stability, and the transition to clean energy sources.

The forum is organized under the auspices of the State Oil Marketing Organization (SOMO) and in partnership with the Iraqi Ministry of Oil. It serves as an international platform for dialogue and exchange of views on the future of energy in Iraq and the region, and for exploring promising investment opportunities in this strategic sector.

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TRUMP’S DEVELOPMENTS WITH BAGHDAD: A “RAPID” WITHDRAWAL FROM IRAQ BEFORE AN IMMINENT ISRAELI STRIKE ON IRAN

After the US troop withdrawal from Iraq was scheduled to be suspended after the October 11 elections, Iraqi executive and parliamentary sources told Al-Araby Al-Jadeed that a decision was made in Washington to “accelerate” the withdrawal of hundreds of troops from the large Ain al-Assad base in Anbar. This comes against the backdrop of escalating controversy between the Donald Trump administration and the Iraqi government over the Popular Mobilization Forces (PMF) law, which is no longer a secret. This is in addition to the successive explosion of numerous files, from the dollar to the smuggling of Iranian oil in Basra, as well as security agreements that Baghdad has recently been confused about. The sources expressed their fear that this is related to expectations that are becoming more serious by the day, regarding “the resumption of war between Iran and Israel,” after experts stated that Iraq survived the previous war thanks to a heavy US presence in major Iraqi bases.

Al-Araby Al-Jadeed learned from Iraqi political and governmental sources that the US administration has notified the government of Prime Minister Mohammed Shia al-Sudani of the imminent withdrawal of hundreds of US soldiers and military personnel from the Ain al-Assad base in Anbar province, western Iraq. The withdrawal is related to the Iraqi-US agreement, which stipulates the gradual withdrawal of US forces operating under the cover of the international coalition fighting ISIS since 2014. However, other sources spoke of US “displeasure” with the Iraqi government’s failure to adhere to understandings and agreements with the US administration.

According to the sources, “a senior advisor to the Iraqi government recently visited Washington and met with American officials, who informed him that the Iraqi government had not fulfilled its commitments to restrict the factions’ weapons.”

The sources pointed out that “the decision to withdraw a portion of US forces comes in contravention of the previously agreed-upon timetable between Baghdad and Washington for a gradual withdrawal, which was supposed to take place after the parliamentary elections scheduled for next November, meaning it is an emotional response from the US administration,” expecting the withdrawal from Ain al-Assad base to begin next month.

Ain al-Asad Air Base is located 200 kilometers west of Baghdad, near the Euphrates River in the town of al-Baghdadi, west of Anbar Governorate, and is the largest US base in Iraq.

Ain al-Asad Air Base currently houses hundreds of American soldiers and military personnel. Along with American forces, the base is shared with the Iraqi Army’s 7th Division, part of the Badia and Al-Jazeera Operations Command, which is responsible for Iraq’s borders with Jordan and Syria, and parts of the border with Saudi Arabia.

In this context, a member of the Iraqi parliament told Al-Araby Al-Jadeed, “The United States is not satisfied with the performance of the Iraqi prime minister, and is exerting real pressure from all sides. Therefore, there must be real support for this government and prevent the continuation of American interference.” He added to Al-Araby Al-Jadeed, “The decision to withdraw American forces is expected, and may come within the framework of the security threat that may precede any expected Israeli operations in the coming period. We do not currently know whether the forces will withdraw towards the Harir or Al-Tanf bases, or perhaps to bases in the Gulf, but these hints are merely tools to pressure the current government.”

However, security expert Ahmed Al-Sharifi pointed out, in an interview with Al-Araby Al-Jadeed, that “the American and foreign forces present at the Ain al-Assad base are considered mobile forces, meaning they are not fixed and are constantly moving between three bases: Al-Tanf and Al-Omar in Syria, and Ain al-Assad in Iraq. Each of these bases is linked to the others, which means that the possibility of the withdrawal of American forces from the Ain al-Assad base may be linked to the movement or perhaps the final withdrawal.”

Baghdad and Washington had agreed, at the end of September last year, to an official date for the end of the international coalition’s mission against ISIS in the country, no later than the end of September 2025. This date was reached after months of dialogue between the two sides. This came in the wake of escalating demands from armed factions and Iraqi forces allied with Iran to end its presence, particularly after the US strikes at the time on the headquarters of those factions in response to their attacks on coalition bases inside and outside the country, against the backdrop of the Gaza war.

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RAFIDAIN: OUR AGREEMENT WITH K2 INTEGRITY PUTS IRAQ ON THE MAP OF THE GLOBAL FINANCIAL SYSTEM.

Rafidain Bank’s General Manager, Ali Karim Al-Fatlawi, emphasized that signing the partnership agreement with K2 Integrity represents a qualitative shift in the bank’s journey and the Iraqi financial sector. He noted that this strategic step transforms Rafidain Bank from a traditional local institution to an integrated banking platform directly aligned with international standards.

Al-Fatlawi explained, in an interview with the Iraqi News Agency (INA), that the partnership comes with direct support from Prime Minister Mohammed Shia al-Sudani, and in accordance with Cabinet Resolution No. (23274) of 2023, within the framework of a comprehensive reform vision aimed at restructuring the banking sector, strengthening Iraq’s economic and financial sovereignty, and repositioning the country on the map of the international financial system with confidence and transparency.

Al-Fatlawi told (INA): “The partnership agreement with K2 Integrity represents a qualitative shift for Rafidain Bank, which is no longer just a traditional local bank, but has become an institution working to connect Iraq to international banking standards.”

He added, “K2 Integrity is a global leader in compliance and anti-money laundering and counter-terrorism financing, and our collaboration sends a clear message that Iraq is serious about reforming its financial institutions and preparing them to open up to the global financial system.”

Prime Minister’s support He continued, “This partnership would not have seen the light of day without the great support of Prime Minister Mohammed Shia Al-Sudani, who adopted a serious reform vision to restructure the banking sector. The contract with K2 Integrity came in accordance with Cabinet Resolution No. (23274) of 2023, which reflects that this project is not just an individual initiative of the bank, but rather part of a higher government policy aimed at enhancing transparency and financial sovereignty in Iraq.”

Direct gains for citizens

Al-Fatlawi told (INA): “On the local level, this agreement raises the level of compliance and transparency within the bank, and establishes a modern corporate culture based on governance and risk management. As for the citizen, it means more secure banking services, greater protection for their money, and enhanced confidence in an institution that has long been a fundamental pillar of the national economy. Simply put, the citizen will feel that their money is in safe hands subject to global regulatory standards.”

Reintegrating Iraq into the international financial system

Regarding the agreement’s implications for Iraq’s financial reputation, he explained, “Iraq needs to rebuild trust with international institutions, and this agreement is key to that. Through K2 Integrity’s services, we will be able to issue reports according to the highest international standards, which will put us back on the map of the international financial system and give us the ability to open up to global correspondent banks and attract foreign investment. Simply put, we are establishing a new phase in which Iraq is viewed as a country serious about reform, not as a fragile or isolated economy.”

Fortifying the economy

Al-Fatlawi emphasized that “the banking sector is the first line of defense for any country’s sovereignty. Through this partnership, we are not only improving our services, but also protecting our economy from the risks associated with financial isolation or unjustified accusations, and building institutional capacity that grants us greater independence. This step truly translates the vision of the Prime Minister and the Iraqi government for Rafidain Bank to be part of a broader national project to enhance economic sovereignty.”

Regarding Rafidain Bank’s future vision after this partnership, Al-Fatlawi told the Iraqi News Agency (INA): “This agreement reflects our ambition to transform into a modern, integrated banking institution, capable of keeping pace with technological and regulatory developments in the world. We are establishing a brighter and more stable banking future, where citizens trust our ability to manage their money, and international institutions trust our ability to comply with global standards. Simply put, we are laying the foundation for an Iraqi bank with a global identity.”

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TWO WEEKS AHEAD OF IRAQ’S “MONEY”… THE CENTRAL BANK IS “VERY EMBARRASSED” BEHIND THE SCENES IN BAGHDAD

Quick follow-up from Ziad Al-Hashemi

Private banks have less than two weeks left to implement the reform plan drawn up by the American company Oliver Wyman, before the Iraqi banking system is forced to liquidate violators. 

This leaves the Central Bank with only two options: either increasing the banks’ capital and merging those unable to increase the size of their financial portfolios, or liquidation, which would lead to the direct intervention of the US Federal Reserve to implement international banking standards. This would be a scenario resembling US “guardianship” over Iraqi banks, something Baghdad wants to avoid in order to preserve its reputation and independence. However, economic expert Ziad al-Hashemi hints at the presence of “beneficiary parties” who are opposing the proposed reform plan and obstructing its implementation behind the scenes, without taking into account the major repercussions of the return of direct US intervention!

The Central Bank of Iraq (CBI) 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!

Over the past years, the Federal Reserve and the US Treasury have pursued a strict, direct policy with the CBI, which has forced nearly 50% of banks out of operation or dealing in dollars as a result of sanctions and deprivation!

During that period, the Federal Reserve imposed numerous conditions and requirements on the CBI 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 and merging others, and changing the ownership structure and capitalization of banks!

This situation has placed the CBI in a very embarrassing situation between the hammer of the Federal Reserve and the anvil of the powerful parties in Iraq that own and operate dozens of banks and live off the movement of the dollar and the revenues of these banks!
As a compromise to spare the CBI the embarrassment and pressure it is facing, an American company (OW), which has joint work relationships with the Federal Reserve and the US Treasury, was commissioned to evaluate the Iraqi banking system and present a reform action plan for this system!

The firm 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.

In other words, the Central Bank of Iraq (CBI) 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.
The plan is now ready for implementation after the CBI announced it, but it appears that there is some opposition behind the scenes to obstruct implementation by certain parties who benefit from maintaining the status quo without reform.

The CBI now has no choice but to adhere to the banking reform plan presented by the consulting firm. Otherwise, the Federal Reserve and Treasury will return to direct intervention and force reforms on the CBI or impose further restrictions and even sanctions.

The return of direct intervention and pressure by the Treasury and the Federal Reserve is a sensitive issue that the Central Bank of Iraq is striving to avoid, both to protect its reputation and to 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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ECONOMIST: BILLIONS OF DOLLARS LOST DUE TO US CONTROL OVER IRAQ’S RESOURCES

Economic analyst Faleh al-Zubaidi confirmed on Saturday that the United States is exerting stabilizing economic pressure on Iraq by controlling its financial resources. He warned that this policy has cost the country billions of dollars annually.

Al-Zubaidi told Al-Maalouma News Agency that “Washington’s financial policy toward Iraq is based on two dangerous aspects: the first is the imposition of successful sanctions on Iraqi banks, and the second is the control of Iraqi funds deposited in the US Federal Reserve.” He explained that “these measures weaken the Iraqi economy and deprive it of full use of its resources.”

He added, “Iraq is suffering greatly as a result of these pressures, which often turn into a political blackmail card,” noting that “the continuation of this American approach will deepen the economic and financial crises facing the country.”

Al-Zubaidi explained that “the losses resulting from this policy are estimated at billions of dollars annually, at a time when Iraq needs every financial resource to support the budget projects and implement service and development.”

It’s worth noting that the United States continues to impose restrictions on the movement of Iraqi funds at the Federal Reserve under the pretext of monitoring money laundering and terrorist financing, which economic experts see as a direct targeting of Iraq’s economic autonomy.

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THE DOLLAR FACES GLOBAL PRESSURE AND A POTENTIAL DECLINE OF UP TO 35% – NEWSPAPER ANALYSIS

Economist Zaki Al-Saadi asserted that the US dollar is going through a critical phase globally, even domestically. He pointed out that US President Donald Trump’s recent policies, including the imposition of new taxes on China and the introduction of value-added tax (VAT), have negatively impacted the US currency.

Al-Saadi explained in an interview with Jarida Platform that “talk about the expansion of the BRICS bloc and the accession of new countries, in addition to the complex geopolitical situation, especially the US-Israeli war on Iran, are all factors that put pressure on the dollar and weaken its global standing, with economists predicting a decline in its value of between 8% and 35%.”

He pointed out that “the Iraqi market is also experiencing a state of confusion due to these repercussions, as any return to military escalation could lead to the targeting of some banks or the imposition of sanctions, which would limit dollar transactions and push investors to consider alternatives such as real estate or commercial assets.”

Al-Saadi explained that “the Central Bank’s suspension of dollar sales via platforms at the official rate has contributed to a decline in demand for the currency locally, coupled with citizens’ fears of a change in its value or the emergence of an alternative currency.”

He added, “Any temporary rise in the value of the dollar could occur if war breaks out again, but its impact will be temporary. Iraq’s link to the dollar remains strong, as imports and state salaries are settled in this currency, meaning any fluctuation in its price will have a direct and clear impact on citizens.”

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IRAQ FACES US BANKING GUARDIANSHIP… TWO CRUCIAL WEEKS FOR PRIVATE BANKS

  

Al-Mustaqilla/- Less than two weeks remain for private banks in Iraq to comply with the financial reform roadmap developed by the American firm Oliver Wyman, a move described by economic circles as the “last chance” to save the banking system from the specter of liquidation and bankruptcy.

According to informed banking sources, the Central Bank of Iraq has two options:

1. Forcing banks to increase their capital and merge those unable to expand their financial portfolios.
2. Liquidating violating banks, which opens the door wide to direct intervention by the US Federal Reserve to implement international standards in the Iraqi banking sector.

The risk of liquidation and “financial guardianship”

The second scenario is viewed with great concern within Baghdad, as it effectively imposes a form of American tutelage over the Iraqi banking sector, a precedent that could threaten Baghdad’s financial independence and undermine public confidence in the banking system as a whole.

Experts believe that the US Federal Reserve’s involvement could completely redraw the banking landscape in Iraq, from foreign exchange mechanisms to banks’ ability to finance local projects.

Reform roadmap or political pressure?

Oliver Wyman’s reform roadmap came in response to mounting US pressure, following increasing reports of financial transaction irregularities and accusations that some banks were involved in money laundering or illicit financing.

At the same time, the Iraqi government is seeking to strike a balance between meeting international demands and maintaining economic sovereignty, particularly since any direct foreign intervention would place Iraq in a position of weakness vis-à-vis its international partners.

The countdown has begun

The coming weeks will be crucial. Either the Central Bank of Iraq succeeds in imposing radical reforms that preserve the independence of financial decision-making, or it will find itself forced to accept American intervention, which could be read internally as a “declaration of failure” for the local banking system.

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

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

August 14, 2025 Mnt Goat News Brief

Guten Tag everyone:

Today I am bringing you amazing news of the Project to Delete the Zeros and that it is now in site. on Pay attention. Are you listening to the intro audio for today’s Newsletter?

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.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. I did not ask for a penny from anyone., At this time more than ever I do not need to spend my time doing all this as it has become another part-time job for me. My time is hard to find, as I have to hold down two other formal jobs already due to COVID just to keep the business going. So, I do this Newsletter out of charity and LOVE for YOU. I already know this info and I do not have to pass it on to you. I do it mostly out of LOVE for my neighbor as the bible says, but let’s be real this is also hard work and the bible also says we should be paid fairly for the labor to which we work.

2 Thessalonians 3:10-12: For even when we were with you, we would give you this command: If anyone is not willing to work, let him not eat. For we hear that some among you walk in idleness, not busy at work, but busybodies. Now such persons we command and encourage in the Lord Jesus Christ to do their work quietly and to earn their own living.

I recommend $10-$15 dollars a month or whatever you can afford. I do not beg for money and never will. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you. This is like a third job for me and like you, I deserve to get some gratitude for all the hard work that I do. You do want the TRUTH, don’t you?

 Let’s all try to chip in!

____________________________________

2 Corinthians 9:9

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

STATUS OF THE RV

Today I am bringing you amazing news of the Project to Delete the Zeros and that it is now in site. on Pay attention. Are you listening to the intro audio for today’s Newsletter? I think everyone should listen to it at least twice. It is chock-full of critical information.

I first want to say today that I am glad many of the faithful followers of my blog decided to hang-in to follow this RV saga to the end. I know it is hard to swallow sobering news but I have said many times it is never as bad as you may think. Things can change suddenly and usually do. Our entire following of this RV is geared around the efforts of the CBI is making towards the overall plan to get to the reinstatement. As I have said in the past there is a plan, but it has been an uphill battle however under the direction of Ali al-Alaq, the CBI is following the basic steps to get there. I know there is lots of noise in between each step but we are moving ahead aggressively since January 2023.

Today’s news is amazing and I am jumping up and down when I learned of it. You should be too. If I were you. I would not go off half cocked yet. Let this work by these financial experts such as company Oliver Wyman in Iraq help the CBI. At times like this we must also get on our knees and pray daily for the Iraqi people and the wealth and prosperity this will bring them. Remember that this is NOT about us investors and what we will ultimately get, but is a by-product of all the hard work of the CBI, its strategic moves and the by-in to the plan by the GOI under Al-Sudani.

Here is what we know:

1.They just told us the parallel market is now under control. WOW! WOW! WOW!

2.They told us in the past when this occurs, they can then move towards the Project to Delete the Zeros, the next phase in the currency reform process

3.In today’s news we find significant evidence that Iraq is now in a situation that they could and are now moving aggressively towards implementing the redenomination from the three zero notes to the newer lower denominations (the Project To Delete the Zeros). (their words not mine….). They need to get these large hoards of cash (80% of the currency) inside the banking system.

4.My CBI contact confirmed to me yesterday in my call to Iraq that the content of the recent article titled “BREAKING: IRAQ’S CENTRAL BANK LAUNCHES DIGITAL SECURITY PLATFORM FOR CASH OPERATIONS!” is a key component of this project. She also said they need to do the project very soon to get all this hoarded cash into the banking system, which is needed for the Development Road Project effort and other loans. She also told me that she is back on the committee to roll out the next step of the project maybe sometime in September/October. She sounded confident of what she told me. I asked about the August 31^st deadline in the today’s article for these smaller private banks to adhere to the banking recent reform requirements, set by the CBI (I showed you the article). She told me that this was not a hard deadline placed by the company Oliver Wyman which was hired and tasked with guiding Iraqi banks to align with stringent international standards. I had to ask what would happen to these banks after the deadline, if not fully complied by then? She told me if they could meet the requirements by the end of the year they could be waived if they could show proof and effort. Then others would be go into insolvency and bankruptcy. There are only ten banks in this situation. So, this was the content of our discussion on Wednesday call from Iraq. Remember by your appreciation you help provide for these calls to Iraq and the information I obtain. I can not do it without you.

Now I want to review what this all means to us and our investment. Folks, it appears once again that the CBI is moving towards an end-of-the-year reinstatement (maybe January 2026) allowing time between August 31^st and December 31^st to conduct the Project to Delete the Zeros. Remember this was the same timeline of Dr Shabibi in 2012-2013 when he was attempting to do it. Just saying….. 😊 Can the RV happen earlier? Sure it can and no one knows the date.

Remember for these next three to four months, the Iraqi citizens will need time to exchange their three zero notes for the new lower notes. The CBI and IMF will also need time to watch for inflation and reactions on the economy to this move. They told us two or three weeks or maybe three months even. We just have to wait and watch.

We know these notes are printed already as well as coins, as we read article in the past telling us they were. The CBI still has to once again educate the public on the process. I was told by my CBI contact to expect this in the news soon. Also remember that in order to redenominate, unlike what Iran just did, the Iraqi redenomination will need a significant change in the rate to be successful. This is not a redenomination due to hyperinflation, such as in Iran ryal to readjust it, but rather to begin the process of the alignment of the Iraqi dinar with its true nominal value.

Think about this – Who the hell is going to turn in their three zeros notes if the dinar is not worth more than the dollar? They know what is coming and they are waiting for it just like us. If you recall over the years, the CBI has tried every trick in the book to get these dinar hoards in the banks, unsuccessfully. This new rate will be the second of the two rate changes we were promised by the CBI years ago…. finally! The CBI told us it must be just over a dollar. Remember folks this will be in Iraq in country ONLY! We can not yet go the banks when this happens. It will not yet be international. This is why when this does happen we must watch the dinar VERY  closely since it could then pop out on FOREX at about anytime afterwards. Then we go to the bank….lol…lol… 😊. After this in country revaluation, the CBI can not let the dinar sit there for too long without migrating to the out of country global currency exchanges. To wait would also be disastrous too. So, as investors if you want a timing, they watch the process.

😊 So, what is the tie in to the RV process with the today’s news in the article titled “KARMAL PARTNERS WITH ZAGTRADER FOR ELECTRONIC TRADING IN IRAQ”. This recent announcement is also VERY significant in that and I quote “Karmal Brokerage has secured approval from the Iraq Stock Exchange (ISX) to launch a comprehensive digital transformation project in preparation for operations on the “Tabadul” electronic trading platform.” This trading platform will be needed since financial trades will be pivotal once the dinar is reinstated on the trading platforms. The Central Bank is also planning to sell shares of the Central bank as a financial entity just as global corporate entities sell shares in their businesses to raise funds for various projects. The ISX will also of course be involved in trading the Iraqi dinar to investors as part of the array of global currency trading platforms.  

Many of you may ask me but what about my past Newsletter dated 8/12 and the five (5) events that I listed that had to be completed? First of all I NEVER commit to any list of events to get the RV. I did list what I have been told or read in the articles to help us understand some sort of timing. That is all I did. So what was this list from my 8/12 Newsletter?  

1.It’s time to clean up this array of private banks in Iraq.

2.The expulsion of the PMF from Iraq.

3.The constitutional requirement for a referendum to govern the oil and gas from Iraq.  

4.Parity in the parallel market vs the official CBI rate.

5.Collect the 80% of the currency outside the banking sector

Well… go back and look at the list again in my past Newsletter in the Archives. All but two of the five parts are what we are now closely aligned and connected with the news of today. This is what is so amazing and WOW! So, Mnt Goat was spot on once again…… lol..lol.. How does she know all this? How do I know all this? This talent comes from my training as an intelligence officer in the US Army. I learn to access bits of data, then build scenarios of possible strike locations from the enemy and the timing of them. I then briefed the command on these situations. I also need to admit that with a decade of reading articles, conversations with my CBI contact and writing this Newsletter, all helps me to absorb all this information and connect it all together. I base my findings only on FACTS that I know not some idiot secret source, bank memos or other baloney,

But remember these tasks are not yet all completed fully and are ongoing. Please do  not put a hard wall up to these events. Just relax and let them all play out. They will soon align with the timetable set. Then there are two other events that I am told must also be accomplished. The #2 is critical and will delay the CBI process if the GOI does not work to accomplish this task.

#2.The expulsion of the PMF from Iraq.

#3.The constitutional requirement for a referendum to govern the oil and gas from Iraq.  

We can see that there will absolutely be no RV of any kind, if it is up to the U.S., unless the PMF is expelled from Iraq or neutralized in some way. The US state department will need assurances of this. Iran will not be running Iraq and Iraq as a puppet state of Iran after the reinstatement. This you can bet on!

😊Another item is the much-needed Oil and Gas law. In today’s news in the article titled “ERBIL, BAGHDAD SIGN OIL EXPORT MECHANISM AGREEMENT”. In a major breakthrough, the Kurdistan Regional Government’s (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have finalized and signed a comprehensive agreement on the mechanism to resume oil exports from the Kurdistan Region, paving the way to end a costly suspension that has been in place since March 2023. So, although they may not have the new Oil and Gas Law fully in parliament yet, we learned that they are getting very close to resolving past issues and use these crises to build the new law, as the years passed.

I have told you many times that there are elements in Iraq that do not want the reinstatement to happen. The reinstatement will totally shut down their funneling of money to Iran, once done. Now we can see why the CBI is working so hard to put mechanisms in place to prevent such money laundering. I have also talked many times about the IQD getting re-pegged off the sole peg to the dollar. There is going to be a “basket” of currencies. With this basket the IMF will be able to “shore up” other currencies by spreading the risks among members of the basket. The IQD will be a major player in this basket and remember the IQD will also be one of the currencies benefiting from the risk sharing too.

We must understand that there is so much going on behind the scenes that you are not privy too. You may read today’s news and the tendency is to isolate the news to only Iraq but I have to tell you it is not. As we see this corrupt politicians and government officials in the U.S. moving closer and closer to indictments and convictions, then we see the parallel of the Iraqi dinar reinstatement process also progressing forwards at the same time, coincidence? I keep trying to teach everyone that there is a “reset” going on that is a good reset for all, not the satanic reset of the globalist. This is God’s version of the reset that includes an entire remake of the financial systems of many countries, but it will have to start in the U.S. It is happening now. Everyone should be excited.

Remember the headlines we have been reading in these past months. They have been all mostly about the dinar and the economy:  

“US NETWORK REVEALS TRUMP’S STRATEGY IN IRAQ – URGENT.”

“BREAKING: IRAQ’S CENTRAL BANK LAUNCHES DIGITAL SECURITY PLATFORM FOR CASH OPERATIONS!”

“2024 ARTICLE IV CONSULTATION—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR IRAQ .”

“IMF Pushes Reform of Iraq’s Banking System”

“FROM TEHRAN TO BAGHDAD… WILL “REMOVING ZEROS” BECOME A POLICY TO CONCEAL STRUCTURAL DEFICITS?”

“COORDINATION FRAMEWORK HARDLINERS INSIST ON THE POPULAR MOBILIZATION LAW AND REJECT WASHINGTON’S PRESSURE.”

“IRAQ IS POISED TO STRENGTHEN ITS POSITION AS A KEY TRADE HUB IN THE MIDDLE EAST”

“IRAQI DINAR NEARS OFFICIAL RATE AS MARKET STABILIZES.”

“THE DOLLAR APPROACHES THE OFFICIAL RATE: A REAL REFORM OR A TEMPORARY TRICK?”

“GOVERNMENT ADVISOR: THE IRAQI DINAR IS STABLE, BUT THE PARALLEL MARKET IS WITNESSING A SIGNIFICANT DECLINE IN THE VALUE OF THE DOLLAR.”

“THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.”

“EXPERTS: THE NATIONAL PAYMENT CARD ENHANCES MONETARY SOVEREIGNTY..”

“AL-SUDANI’S ADVISOR REVEALS THE MOST IMPORTANT PILLARS OF REVIVING IRAQ’S “TREASURE.“

“FINANCIAL SOVEREIGNTY”: WHY HAS IRAQ NOT EMANCIPATED FINANCIALLY FROM THE GRIP OF THE US FEDERAL RESERVE?”

“TRUMP PUTS IRAQ AT A CROSSROADS: JOIN THE WEST OR FACE SANCTIONS”

“US TARIFFS OPEN THE DOOR TO PARTNERSHIP: IRAQ CALLS FOR ACTIVATING THE ECONOMIC AGREEMENT WITH WASHINGTON.”

“EXPERT WARNS: IRAQ’S FINANCES ARE UNDER “AMERICAN PRESSURE”… AND THE GUARDIANSHIP ENDED IN 2022.”

“IRAQ IS DEVELOPING PLANS TO DEVELOP ITS TRADE POLICY LOCALLY AND GLOBALLY.”

“AL-SUDANI: “MADE IN IRAQ” IS A NATIONAL PROJECT WE ARE COUNTING ON.”

“THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.”

“STARTING FROM THIS DATE, THERE WILL BE NO CASH PAYMENTS IN IRAQI GOVERNMENT INSTITUTIONS.”

“THE DOLLAR’S EXCHANGE RATE IS STABILIZING TOWARDS ITS TARGET: ADAPTATION OR ADJUSTMENT?”

“THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.”

“UN: IRAQ WILL BECOME A BANKING POWERHOUSE BOTH DOMESTICALLY AND INTERNATIONALLY”

“ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION”.

“SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY”

“AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.”

“IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.”   

“CBI CONFIRMS COMMITMENT TO COMBATING MONEY LAUNDERING IRAQ.”   

“RAMADAN REVIVES THE IRAQI DINAR AND OFFICIAL EXPECTATIONS OF A CONTINUED DECLINE IN THE DOLLAR”

“CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET”.

“A BURNING ECONOMIC DEBATE.. IS RAISING THE EXCHANGE RATE THE MAGIC SOLUTION FOR THE IRAQI ECONOMY?”

“THE PURPOSE OF DELETING THREE ZEROS FROM THE CURRENCY OF IRAQ IS TO LIFT THE ECONOMY AND PROSPERITY TO RAISE SUPPORT FOR THE DINAR, WHICH WILL BE A KEY REASON FOR THE RETURN OF IRAQ’S ECONOMY AGAIN IN JANUARY 2017.”

“GOODBYE DOLLAR AUCTION.. CENTRAL BANK ANNOUNCES THE END OF 20 YEARS OF BILLIONS AND SUSPICIONS”

“WITH THE BEGINNING OF THE NEW YEAR, THE US DOLLAR ENTERS A NEW PHASE IN IRAQ”

“BANKING REFORM METHODOLOGY AT THE CENTRAL BANK (2016-2026)”

Let’s not forget the past news! Sometimes it is good to take a step back and look how far we have come with this RV saga. It’s all coming together nicely. Be patient. Our job now is to PRAY, PRAY and PRAY that is what God expects. Just how badly do you want this investment?  

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

______________________________

________________________________________

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

Prophetic Words from prophet Julie Green:

““THE FDA WILL BE EXPOSED ON HOW THEY HAVE BEEN ALLOWED TO POISON YOU“ 

You can go to mark 19:45 on the video to start prophecy. From Aug 9^th.

_____________________________________________________________

“A SMOKING GUN IS COMING THAT WILL COLLAPSE THE IRS“ 

You can go to mark 19:22 on the video to start prophecy. Second one from Aug 8^th. This prophecy is one of many given about the IRS. There should be no doubt in your mind that the IRS is going to be dissolved very soon along with the Federal Reserve (part of the Central Banking cartel). There is in the making now a new financial structure being implemented. We all need to just give it time to play out.  

______________________________________

All I can is “God told you so”!

AS DIRTY AS THEY COME!

LEAVITT ADDRESSES ADAM shifty-SCHIFF WHISTLEBLOWER REVELATIONS

THE SCHIFF IS ‘HITTING THE FAN’

JEANINE PIRRO HIGHLIGHTS ‘SILENT VICTIMS’ KILLED IN DC

SOROS FINALLY IN THE CROSSHAIRS OF AN OFFICIAL INVESTIGATION

Incidentally, God did tell us through His prophets, that Soros is going to be exposed and lose his fortune and influence from politics. We are just seeing Pandora’s box being opened on this prophecy now. Yes, this is the beginning of the end of Soros. Pay attention this all  matters when it comes to Iraq. This is all tied together.

EPA TO REVERSE UNSCIENTIFIC JUSTIFICATIONS FOR CLIMATE CHANGE

Oh… is this climate change BS finally being challenged with common sense and legal grounds? We must understand it was just yet another communist narrative to drain money foolishly, create slush funds and cause yet another crisis. Yes, more FEAR. They trive on crisis after crisis.

IS VOTER FRAUD STILL ONGOING?

THINK, THINK and THINK SOME MORE! Why did the democrats win so many seats in Congress and the Senate in spite of Trump winning the national popular vote and the electoral college vote?

For the executive branch the election was a “landslide”. So then why are the margins on the congressional and senatorial side of the house still so slim? The republicans in the last many elections just can’t see to gain any kind of real margin of victory in certain key states, in spite of winning the presidency. Does this sound weird to you? Sounds to me there is still massive voter fraud going on in many of these states. Let’s take a deeper dive into this today because this does impact what is going on in Iraq and it is important to our investment in the dinar.

When you go to vote, most vote a straight party ticket. Sorry if you don’t but data shows the majority of people do vote this way. So, if this is the case you can then see the fraud as votes were switched from republican tickets to democrats for the congress and senate positions that were open in 2024. It is obvious something is not right.

Now if you watch this broadcast you will see a map of Illinois, like the one above. Could this districting be the reason why? The voter fraud is obvious. But let’s take these thoughts a step further and go to the state of Massachusetts. Not a single seat today is held by a republican in the house today. Does this seem weird to you because if it does it reeks of voter fraud.

God, through His prophets, tell us that there was massive voter fraud and he is going to correct it. Let’s watch how this all plays out. The important part is that there will be a coming fairness in the voting in the U.S. Also we must PRAY and give thanks to God for how he helped bring back TRUTH and HONESTY to politics in the U.S.  

INVESTIGATION CONFIRMS HORRIFYING ELECTION SCANDAL — DEMOCRATS ‘STOLE HOUSE SEATS’

NOW WE LEARN WHY TEXAS DEMOCRATS FLED TO ILLINOIS

Of course, it was to hide from the Texas legislature so as to block the voting process on redistricting of their state. The legislature needs a quorum to even take the vote. But why did they flee to Illinois of all states? Today we get some insight into why Illinois.

Maybe, or most likely, you don’t live in Illinois or Texas and so who cares about all this? As responsible citizens of a constitutional republic we all should care and the carelessness of the citizens of this republic in the past has gotten us into this mess. But then is then and now is now. Now its time to fix this mess.

BIDEN HIT WITH STUNNING DEVELOPMENT — HIS PRESIDENCY COULD BE ERASED. Really?

Many of you folks reading this will turn up your nose and tell Mnt Goat this will never happen. Really? Folks, as I have said to you many times this is not normal times we are living in. There was a coup to take over the country and it was led by the new Marxist party of democrats. Aren’t you even paying attention?

THE CASE OF THE JACK SMITH: ACTIONS AGAINST TRUMP ARE NOT GOING AWAY.

— federal judge orders release of all documents related to cases against Trump. Stay tuned you are going to hear much more about this in the coming months.

WHAT DEMOCRATS SO FAR ENDORSE HAVING A MARXIST SOCIAL COMMUNISTS MAYOR FOR NYC

Folks, we should not even be having this conversation. A communist candidate being endorsed by members of a major political party? Really? This shows us just how far left the left has gone. Whether you are a liberal, conservative or any other political thinker you need to remember these names and remember them well, when you go to vote at their time for re-election. They all have to go along with their buddy Mamdani. Throw these bastards out. The question now lies will Americans in NYC be stupid enough to vote for Mamdani. Oh…maybe they have BIG plans to rig the election anyhow?

THE CLEAN UP OF THE DISTRICT OF COLUMBIA, WASHINGTON DC HAS BEGUN

https://videopress.com/v/7rlolYys?resizeToParent=true&cover=true&posterUrl=https%3A%2F%2Fvideos.files.wordpress.com%2F7rlolYys%2F081225-trump-and-clean-up-of-dc-1_mp4_std.original.jpg&preloadContent=metadata&useAverageColor=true

A Deep Dive Into Epstein – Dr. Jan Halper-Hayes

BONDI BOMBSHELL — OBAMA’S NAME IS ON THE “TOP” OF THE LIST FOR RUSSIAGATE

Forwarded to the Grand Jury for review this week.

TRUMP ISSUES FIERY RESPONSE TO TEXAS DEMS: ‘DO YOU NOTICE THIS’

STATE LAUNCHES INVESTIGATION INTO WHO IS FUNDING TEXAS DEMOCRATS’ WALKOUT

THE REAL RUSSIA COLLUSION STORY WITH JOHN SOLOMON: LAID OUT IN SIMPLE TERMS.

TRUMP JUST UNCOVERED A MUCH BIGGER SCANDAL THAN RUSSIAGATE 

As if that could be possible….

IMF PUSHES REFORM OF IRAQ’S BANKING SYSTEM

14th July 2025 

A new report from the International Monetary Fund (IMF) has said that the restructuring of state-owned banks (SOBs) can foster the development of the private sector and improve growth. It adds:

“Strengthening the financial sector can support private sector credit, fostering investment and growth.

“To this end, the authorities are finalizing a reform strategy entailing a restructuring of the two largest SOBs. The improvement of the function of credit markets also requires the release the draft by-laws concerning SOB corporate governance, and establishing robust supervision, regulation, and governance under the CBI.

“Other measures include creating an Ownership Policy to clearly define the objectives and goals of government ownership in financial institutions and accelerating the implementation of modern Core Banking System solutions.”

I am sorry this information is just too lengthy to download and paste in the Newsletter. You can go to this site and find the entire report.

Click here to download the full report.

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A COMPREHENSIVE REFORM PROJECT FOR THE PRIVATE BANKING SECTOR

 April 07, 2025

Baghdad, Iraq, April 7, 2025 – With the full support of the government and in cooperation with Oliver Wyman consulting company, the Central Bank of Iraq (CBI) today unveiled reform plans aimed at modernizing the Iraqi private banking sector and building a robust, modern, and flexible banking sector that drives economic growth, the enhances financial inclusion, in addition to generates attractive and sustainable returns for shareholders.

This plan is the result of joint efforts of the CBI, the government, and the private banking sector, in cooperation with Oliver Wyman. Its success depends on the active participation and cooperation of all concerned parties. The CBI and the government will lead projects aimed at modernizing the sector and meeting the evolving needs of a rapidly growing economy. These projects focus on three objectives:

First: Strengthening and deepening widely the financial inclusion in Iraq.

Second: Raising the efficiency and productivity of the private banking sector.

Third: Creating a fair and healthy competitive environment in the market while improving the sector’s flexibility and ability to withstand risks.

This project will contribute to enhancing the protection of depositors and creditors, along with financial education campaigns to restore confidence in dealing with banks. Financial inclusion will also be expanded through the establishment and effective implementation of legal and regulatory frameworks. For the purpose of enhancing the access to services, payment systems will be modernized to facilitate efficient and reliable transactions for both businesses and individuals, in addition to financial infrastructure will also be expanded, including an increased network of branches and ATMs. As well as compliance procedures of anti-money laundering and countering the financing of terrorism (AML/CFT) will also be simplified and assessed through a digital identity system.

Key pillars of banking standards reform:

A prerequisite for the success of the plans is demanding all banks comply with a set of standards and to actively participate in the sector’s transformation process. Banks must move toward business models that represent an additional value to the Iraqi economy, while providing superior customer service, ensuring its financial stability, and combating fraud and financial crime.

The key banking standards to be implemented are divided into four main categories:

1. Ownership Structure and Governance:

Setting maximum ownership limits to prevent excessive control (concentration) by any single entity or related parties.

Ensuring competent and independent boards of directors, with suitability tests for all key leadership positions.

Conducting intensified due diligence on all major shareholders.

2. Business Model Sustainability:

Requiring banks to adopt sustainable and practical business models by submitting consistent detailed business plans, strategic plans, financial projections, organizational structure, technology implementation plans, and operational management.

Ensuring that key services and products are aligned with market needs to support the Iraqi economy and citizens.

3. Financial Metrics:

Maintaining the capital adequacy and liquidity ratios in line with international best practices to ensure banks’ resilience in the face of financial crises.

4. Risk and Regulatory Compliance:

Keeping pace with global best practices in compliance, including comprehensive measures to combat money laundering and terrorist financing, to ensure the sector is protected from financial crimes.

Enhancing transparency in reporting and audits by accredited auditors to reduce conflicts of interest, including related party transactions.

The Reform Process:

The reform process will be a multi-stage journey. During this process, private banks will be assessed for compliance with the required standards at various stages of the reform process. The first assessment cycle is expected to begin in the first quarter of 2026.

Next Steps:

Over the coming months, CBI will share detailed criteria and timelines with the private banking sector through official circulars for implementing the reform process. It will also work to activate support channels and hold technical assistance workshops to ensure readiness before the assessment process begins. All licensed private banks will be asked to formally confirm their participation in the reform process. CBI is fully committed to achieving this transformation by working closely with all relevant stakeholders to pave the way for a strong and inclusive financial system.

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U.S. SANCTIONS LOOM OVER IRAQ IF PMF LAW PASSED, AL-ALUSI CAUTIONS

Iraqi politician Mithal al-Alusi warns of ‘catastrophe’ and severe U.S. sanctions if a law for the PMF (Hashd al-Shaabi) is passed, alleging a senior Iranian official visited Baghdad to push the legislation and that the groups are a tool for Iran.

An Iraqi politician has issued a stark warning that Iraq faces “catastrophe” and severe U.S. sanctions if it approves a controversial draft law for the Popular Mobilization Forces (PMF or locally known as Hashd al-Shaabi), alleging that a senior Iranian official recently visited Baghdad specifically to pressure political parties into passing the legislation. Mithal al-Alusi, the founder of the Iraqi ‘Ummah’ Party, stated that the main purpose of a visit by Ali Larijani, advisor to Iran’s Supreme Leader, was to ensure the law’s passage, which he claims would cement the influence of groups loyal to Tehran and drag Iraq into regional conflict.

In a detailed statement during his participation in the Kurdistan24 news bulletin on Monday, Al-Alusi addressed Larijani’s visit, the implications of the PMF law, and the threat of American retribution.

While Iranian media reported that Larijani arrived in Baghdad to sign a security agreement and discuss regional developments, Al-Alusi asserted that the visit’s primary objective is to pressure Iraqi political factions regarding the draft law.

He contended that the visit reveals that the party from which the PMF takes its orders “is not Iraqi,” drawing a parallel with how the Lebanese Hezbollah does not take orders from the Lebanese government.

The politician drew a sharp distinction between what he termed Iraqi and non-Iraqi religious authorities, or Marja’iyyahs. “The Marja’iyyah of Sistani, the Marja’iyyah of Najaf, and the Marja’iyyah of Sadr, these are Iraqi Marja’iyyahs and they reject the Hashd al-Shaabi draft law,” Al-Alusi indicated.

He added, “Hashd al-Shaabi and its groups are followers of the Marja’iyyah of ‘Wilayat al-Faqih,’* which is not an Iraqi Marja’iyyah, and this is proof that they take orders from outside the country.”

While stressing a desire for good relations with Iran, Al-Alusi stated, “we do not want Iraq to become a tool and a battlefield for Iran’s failed wars,” and called for the Iraqi government to clarify the nature of any new security agreement with Tehran.

According to Al-Alusi, passing a law for the PMF is an attempt to secure a massive budget for these groups, estimated between two to three billion dollars, which he noted is several times more than the budget of the Kurdistan Region.

He warned that this “huge budget” goes to “unknown sources.” He further cautioned that in the context of the recent 12-day war between Israel and Iran, there is an effort to “ignite the region militarily and create war,” describing it as a “kind of madness” that Iraq does not need.

The most severe warning from Al-Alusi concerned the potential for U.S. sanctions. 

He expressed fear that sanctions would be placed on the state itself, forcing the Iraqi citizen to pay the price while politicians with billions stored abroad would remain insulated. “I believe Iraq cannot withstand the severity of the American sanctions and a catastrophe will occur,” he stated.

Al-Alusi believes that America desires a stable Middle East and that if “this game continues, perhaps all of Iraq will be dragged into a war that we do not need,” noting that Israel’s problem is with Iran and its proxies.

Al-Alusi also leveled serious accusations against the armed factions, stating that since their establishment in 2014, they have not recognized the law and were responsible for a “political coup” after the elections.

“These groups, in the areas where they have authority, produce narcotics, traffic in them, and violate the law,” he indicated. He stressed that these militias are “above the law and the armed forces,” rendering the title of “Commander-in-Chief of the Armed Forces” a theoretical phrase without real value.

Al-Alusi concluded that these groups function as “Iran’s long arm in Iraq,” akin to Hezbollah in Lebanon, serving as Tehran’s strategic wing in an effort to militarize the region.

*: The Guardianship of the Islamic Jurist (Wilayat al-Faqih) is a Shiite doctrine granting a qualified Islamic jurist authority over political and religious affairs in the absence of the Imam, forming the basis of Iran’s system under the Supreme Leader.

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The Central Bank of Iraq discusses the banking reform plan with Oliver Wyman.

On Tuesday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, discussed with the international company Oliver Wyman the details of the banking reform plan submitted by the Iraqi Private Banks Association, as part of efforts to develop the banking sector and align it with international standards.

The Central Bank stated in a statement received by Shafaq News Agency that Al-Alaq and the relevant team held a meeting with Oliver Wyman to discuss what was stated in the letter of the Iraqi Private Banks Association regarding the banking reform plan.

Al-Alaq confirmed in the statement that the Central Bank had completed an extensive discussion, during which attendees expressed an understanding of the points contained in the letter and ways to flexibly adapt some of the plan’s provisions to facilitate implementation. The company has begun studying available avenues to present the best proposals and ideas in this regard as soon as possible.

The statement continued, “This is confirmed by what the bank announced during the months-long plan preparation period, which stated that the goal of the plan is to achieve a real project to build and stabilize the banking sector to operate safely and effectively in accordance with international practices and standards and local laws, in order to enhance governance, compliance, and risk management, to transition banks to an economic role that enhances the development process and provides services with the highest levels of efficiency and effectiveness, using the best practices and modern technologies.”

The bank emphasized that the plan would “enhance local and international confidence in the Iraqi banking sector, particularly since implementing the plan and adhering to its provisions will lead to the restoration of relationships between all banks that meet the plan’s requirements and internationally accredited correspondent banks, particularly those that do not currently have international banking relationships.”

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The Iraqi government denies any intention to devalue the dinar against the dollar.

The Iraqi Prime Minister’s economic advisor, Mazhar Mohammed Salih, denied the government’s intention to adjust the exchange rate by devaluing the Iraqi dinar against the US dollar to provide liquidity.

“Iraq’s exchange rate policy is a contractual one between the Ministry of Finance and the Central Bank of Iraq,” Saleh said in an interview with Al-Eqtisad News. “This is because the reserves supporting the Iraqi dinar reinforce the external value of the currency, meaning that the dinar, backed by foreign currency, comes from oil revenues.”

He explained that “this is called foreign exchange covered by foreign currency,” noting that “the last thing the Iraqi government is thinking about is changing the exchange rate, because the policy of changing the exchange rate every so often is bad policy, so it is preferable for the exchange rate to remain officially stable in this manner.”

Mazhar Mohammed Saleh believes that “oil is a global commodity that is not affected by the dinar’s devaluation, increase, or otherwise. At the same time, this constitutes inflationary financing through deceiving people, and this is not true.” He considered the policy of devaluing the dinar to be “dangerous and not easy, while the state is constantly working to raise and improve the dinar’s value, not to devalue it.” 

He stressed that “the right thing to do is to keep the exchange rate as low as possible, unless the economy is exposed to major emergencies, which I don’t expect to happen, as long as the economy is oil-based and generates foreign currency flows.” He believed that “there are no such plans, neither now nor after the elections, and no one is thinking about this matter in light of the current circumstances and the constants and variables of the current situation.”

He continued, “There is no economic policy that tends to fluctuate between depreciation and appreciation of the exchange rate.”

He stated that “the exchange rate and the Iraqi dinar have been stable for very long periods, so manipulating the exchange rate is a bad and incorrect policy. The correct policy is to maintain the status quo and thus maintain overall stability so that development, investments, and plans can be sustained.”

Mazhar Mohammed Saleh also stated that “the worst type of financing is inflationary financing resulting from the devaluation of the Iraqi dinar, as economic literature suggests, which means deducting from citizens’ income by reducing real income to a valueless cash income.”

Regarding the easiest ways to address the liquidity shortage, Mazhar Mohammed Saleh explained that “the financial system should be improved by improving revenues.”

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THE GOVERNOR OF THE CENTRAL BANK OF IRAQ MEETS WITH THE INTERNATIONAL FINANCE CORPORATION’S REPRESENTATIVE IN IRAQ.

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, met with Mr. Bilal Al-Saghir, the Resident Representative of the International Finance Corporation (IFC) in Iraq.

During the meeting, they discussed strengthening bilateral relations between the Central Bank of Iraq and the IFC and the importance of cooperation between the two parties, particularly in the field of training banking personnel in Iraq. The two parties intend to sign a memorandum of understanding in this regard in the coming period.

His Excellency the Governor discussed the proposal to establish a leasing company with local and foreign participation. This is a financial system used to provide financing to projects and individuals without the need to directly purchase assets such as machinery and industrial equipment, vehicles, offices, and warehouses. This proposal supports emerging projects and small and medium-sized enterprises seeking easy and flexible financing.

The two parties discussed the importance of implementing the banking reform plan being implemented by the Central Bank of Iraq with the assistance of Oliver Wyman, within international standards that will enhance the soundness of the banking sector internationally and restore the ability of a group of Iraqi banks to conduct international transactions.
 
Central Bank of Iraq
Media Office
August 13, 2025

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KARMAL PARTNERS WITH ZAGTRADER FOR ELECTRONIC TRADING IN IRAQ

Karmal Brokerage has secured approval from the Iraq Stock Exchange (ISX) to launch a comprehensive digital transformation project in preparation for operations on the “Tabadul” electronic trading platform.

According to a press release, the initiative, the first of its kind in Iraq’s financial market, supports the government’s vision to enhance transparency and modernize trading infrastructure in line with international best practices.

Karmal will deploy the global ZagTrader platform to manage its front, middle, and back-office operations, integrate AI technologies, and implement anti-money-laundering (AML) and E-KYC procedures. The system will provide a secure, efficient, and fully integrated trading environment.

CEO Waseem Al-Jazrawi said the project will boost investor confidence and strengthen Iraq’s financial market both regionally and internationally, praising the support from the Iraq Stock Exchange Board of Governors and the Iraqi Securities Commission (ISC).

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BREAKING: IRAQ’S CENTRAL BANK LAUNCHES DIGITAL SECURITY PLATFORM FOR CASH OPERATIONS!

The Central Bank of Iraq (CBI) has unveiled the second edition of its Security Permits Platform, designed to enhance the management and organization of security clearances for authorized bank personnel and their vehicles during cash withdrawal and deposit operations. This move aims to bolster the safety and efficiency of cash handling processes across the country.

Key Features:

• Enhanced Security Measures: The platform provides over 80 data points for each user, supporting improved security procedures and strengthening the digital infrastructure of Iraq’s banking sector.
• Streamlined Processes: It facilitates the issuance of security permits for bank staff and vehicles, ensuring smoother and more secure cash operations.

• Alignment with International Standards: The initiative aligns with global best practices in financial security and operational efficiency.

Why It Matters:
This development is part of Iraq’s broader efforts to modernize its financial infrastructure and reduce reliance on cash transactions. By implementing such digital solutions, the CBI aims to enhance transparency, reduce the risk of financial crimes, and improve overall trust in the banking system.

The Central Bank of Iraq’s (CBI) aggressively pushes towards comprehensive banking reforms. These reforms, are not only well-documented but also intricately linked to an anticipated redenomination and potential revaluation of the Iraqi Dinar, signaling that Iraq is much further along in its financial evolution than widely perceived.

Central to the CBI’s strategy is the launch of a sophisticated security clearance platform. This innovative system is designed to meticulously manage and secure cash withdrawals and deposits, a critical prerequisite for a currency redenomination that will inevitably involve substantial cash movements. By incorporating over 80 data points per user, the platform significantly enhances transactional security, aiming to counteract illicit activities such as black market operations and cash hoarding, thereby fortifying the integrity of the financial system.

Further underscoring Iraq’s commitment to global financial integration is its partnership with Oliver Wyman, a leading international financial consultancy. Oliver Wyman is tasked with guiding Iraqi banks to align with stringent international standards, bolstering their governance, compliance, and risk management frameworks. This collaborative effort is geared towards re-establishing vital relationships with global correspondent banks.

The urgency of these reforms is underscored by a firm deadline: August 31, 2025, by which all banks must achieve compliance or face potential liquidation. While approximately ten institutions are currently undergoing liquidation or facing significant challenges, the overwhelming majority are actively engaged and making substantial progress.

Looking beyond immediate compliance, the CBI has articulated a longer-term technology roadmap extending to 2028, with the overarching goal of constructing a thoroughly modernized, secure, and internationally compliant banking infrastructure.

(Mnt Goat – Complementing these systemic upgrades, the Iraqi Stock Exchange has also seen a significant leap forward with the launch of an electronic trading platform by Carmal Brokerage and Zag Trader (see separate article). This development is crucial for fostering greater transparency and embedding modern financial practices, aligning Iraq’s capital markets with global best practices.)

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ERBIL, BAGHDAD SIGN OIL EXPORT MECHANISM AGREEMENT

 

Erbil and Baghdad have signed a new oil export mechanism agreement. The KRG will retain 50,000 bpd for domestic use, with the remainder handed to SOMO for export. Final implementation now awaits talks with Türkiye.

In a major breakthrough, the Kurdistan Regional Government’s (KRG) Ministry of Natural Resources and the Iraqi Ministry of Oil have finalized and signed a comprehensive agreement on the mechanism to resume oil exports from the Kurdistan Region, paving the way to end a costly suspension that has been in place since March 2023.

An informed source close to the agreement revealed to Kurdistan24 that the final accord was the culmination of an intensive process that began on July 17. During this period, technical delegations from both ministries conducted visits to all of the Kurdistan Region’s oil fields.

Following these on-site assessments of technical issues and a series of extensive discussions, a definitive agreement on the export mechanism was reached on the 11th of this month.

Under the terms of the new mechanism, the daily production from the Kurdistan Region’s oil fields will be allocated with 50,000 barrels retained for the region’s domestic needs, while the remaining production will be handed over to Iraq’s State Oil Marketing Organization (SOMO) for export.

According to information obtained by Kurdistan24, the formal record of the agreement has been signed by more than 20 individuals from both delegations, underscoring the breadth of the consensus.

The signatories included 17 members of the federal government’s Ministry of Oil delegation and five members from the KRG’s Ministry of Natural Resources delegation. The federal delegation has since concluded its work in the region and returned to Baghdad. With this crucial bilateral agreement now in place, the final step required for the resumption of oil exports from the Kurdistan Region rests with the federal government in Baghdad.

It is now incumbent upon the federal government to finalize its own talks with the Turkish government to allow the full implementation of the process and the reopening of the pipeline to the port of Ceyhan.

This new agreement comes at a critical time, as oil exports from the Kurdistan Region have been completely halted since March 2023. The halt was triggered by a lawsuit Iraq filed against Türkiye, which resulted in the cessation of exports through the Turkish port. 

According to officials from the Kurdistan Regional Government, the prolonged suspension of oil exports has inflicted more than $50 billion in losses on the economies of both Iraq and the Kurdistan Region. The officials have consistently stressed that no party has benefited from this decision, highlighting the mutual economic damage caused by the export halt.

(Once this agreement was made now its time for Baghdad to reach out to Turkey to work with them on a trade agreement. So this next article show us progress in this area too. But there is much more to do for the Oil but I am confident this will all work out now that Kurdistan is happy.)

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IRAQ AND TURKEY AGREE TO FORM A JOINT CUSTOMS COMMITTEE TO ENHANCE TRADE COOPERATION.

Iraq and Turkey agreed on Wednesday to form the Iraqi-Turkish Joint Customs Committee, as part of strengthening cooperation between the two countries’ customs authorities. This will contribute to developing trade relations and facilitating the movement of goods across border crossings.

A statement issued by the Iraqi Embassy in Ankara stated that “the agreement came during a meeting held in the Turkish capital, Ankara, chaired by Sami Abdul-Hussein Radhi, Advisor to the Prime Minister of Iraq for Border Ports, Customs and Transport Affairs, and Sezai Oçarmak, Deputy Minister of Trade of Turkey. The two sides discussed mechanisms for raising the efficiency of work at border gates and developing customs cooperation.” 

The meeting, according to the statement, addressed “ways to facilitate trade flows, increase the capacity of ports, and support infrastructure projects related to bilateral trade and transit.” The two sides affirmed their “keenness to raise the volume of trade exchange to $30 billion, enhance joint investments, and expand areas of cooperation through the Development Road project and the establishment of new customs ports.”

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

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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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:

August 12, 2025 Mnt Goat News Brief

Guten Tag everyone:

Today I am bringing you news on many issues. Yes, we are talking SECURITY and STABILITY for Iraq once again. Pay attention.

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.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love for YOU with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. I am saying this takes time and is like a third job.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.

 Let’s all try to chip in!

____________________________________

2 Corinthians 9:9

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

More news….

SUDANESE ADVISOR: WHITE NOISE SUPPORTS EXCHANGE RATE STABILITY IN THE IRAQI MARKET

The Prime Minister’s financial and economic advisor, Mazhar Mohammed Salih, confirmed that the success of the three fiscal, monetary, and trade policies in working together is what has led to the continued convergence of the exchange rates in the parallel and official markets.

Saleh said in a statement to {Euphrates News}: “The continuation of these general policies constitutes positive information for the market, known as ‘white noise’, which is a condition that makes the market maintain stable rates and prevents the parallel market from taking any negative directions.”

He added, “The parallel exchange market is now moving toward convergence with the official fixed rate, which is considered one of the strongest stages of stability in the monetary market, as a result of the success of the three pillars of economic policy.”

More news….

ANOTHER DICTATORSHIP? IRAN STANDS AT THE THRESHOLD OF HISTORIC CHANGE BY HAMID ENAYAT

By Hamid Enayat

For Iran, now is the first time in over a century – since the 1907 Constitutional Revolution, inspired by the French Revolution – the dream of freedom feels truly within reach. The vision ahead is bold and clear: a secular republic founded on the separation of religion and state, gender equality, the elimination of nuclear weapons, an end to executions, no compulsory hijab or forced religion, and no authoritarian rule. This vision includes ethnic autonomy, peace with neighboring countries, and peaceful coexistence with the world.

But this path has been anything but easy. The cost has been staggering – over 100,000 lives lost in the pursuit of freedom. The Iranian people’s resistance has been crushed repeatedly, at times coming close to complete destruction. It has indeed been a perilous journey, where patriots continually walk a fine line between liberty and death. Yet, like a phoenix rising from the ashes, the movement has once again soared toward the peaks of freedom.

(We can only pray and hope. see full article in the Articles Section. We pray for this to happen.)

STATUS OF THE RV

I can see by the comments in the blog that many still don’t understand and realize what is going on with the Iraqi dinar and possibly other currencies too. For these readers I recommend you tie into the daily prophecies and watch the real ongoing national news, and stop this every day / any day fantasy world. It is apparent that many of the same readers are also connecting with many of these intel scammers giving falsified fake intel about this revaluation process. They are making you think the RV could just pop out any day. This is not true. Of course, I am always in favor of getting other opinions but come ‘on, you can’t RV every day and every weekend over the last 20 years without being even a bit suspicious of these people? When will you listen to the TRUTH about this RV?

Today I also want to remind you of the past articles and news I have presented to you. All the good news does not get wiped out just because a bit of sobering news comes out. We must learn the TRUTH like it or not. Remember all the good praise and positivity that the World Bank, IMF and the UN have made about the reforms and the stability now in Iraq. We have NEVER seen such progress and STABILITY before.

So, just like you, I sit here writing this Newsletter today and wonder where the hell is the reinstatement. We were told in many articles by the Central Bank that they needed STABILITY and SECURITY. Remember that the U.S. has given its permission to move to the next step, however under there are certain events that must first take place. You all should know me by now and that I do not like to use any event as a trigger for the RV. These intel gurus have been proven wrong event after event, especially on the one about the budget tables and the RV rate. Just all so silly.

I have listed a series of events that we were told to look for but NOT out of own personal speculation, but from the U.S. government itself. Get it? No secret four letter agencies or bank memos. These events are now my concentration. I will continue my concentration until something changes to make me believe otherwise. God tells us every day through His prophecies not to give up HOPE.  

Did I say we are winning? How do you know we are winning? Don’t just take my word for it, instead go listen to the mainstream news. Watch the corruption being unraveled. Yes, it is almost unbelievable what they have been doing to us. Does it surprise you? Does it surprise you they could and have been holding back the reinstatement of the Iraqi dinar? Yet, amazingly is that we now know how they have been doing it and why.

How can anyone know what issues still have to be resolved prior to the reinstatement. This is not a very good question to ask or seek. Just when we think we have them all nailed down, they change and Iraq moves on to a next set of issues. I really, really hate to point to any set or single event to watch for the RV.

So, today I am presented the next set of issue as I see facing Iraq. Will these be the last prior to the RV? It’s what we don’t know that hurts our thinking. The important part is the criticality of these issues. Are they really needed for the IMF to reinstate the dinar?

1.It’s time to clean up this array of private banks in Iraq.

😊This has been a CBI goal all along only now they are finally getting to it done. It’s all good!  Remember one step at a time! They must adhere to the liquidity and inclusion policies of the Central Bank or else they will be dissolved. Please see articles titled “IMF PUSHES REFORM OF IRAQ’S BANKING SYSTEM” A new report from the International Monetary Fund (IMF) has said that the restructuring of state-owned banks (SOBs) can foster the development of the private sector and improve growth. Also “READ THE BANKING REFORM PAPER.. AL-SUDANI DIRECTS THE OPENING OF A DIALOGUE BETWEEN THE CENTRAL BANK AND BANKS, ESPECIALLY PRIVATE ONES” and then “A COMPREHENSIVE REFORM PROJECT FOR THE PRIVATE BANKING SECTOR”. – With the full support of the government and in cooperation with Oliver Wyman consulting company, the Central Bank of Iraq (CBI) today unveiled reform plans aimed at modernizing the Iraqi private banking sector

2.T😊 The expulsion of the PMF from Iraq.

This is not an option but a demand by the U.S. There will be severe consequences if Iraq falls as a puppet state to Iran. Please go peak at the article titled “AL-MALIKI TO KHAMENEI’S ADVISOR: THERE IS AN AMERICAN INTENTION TO DISARM THE POPULAR MOBILIZATION FORCES AND OTHER FACTIONS, AND WE WILL CONFRONT IT.” This article could not make it any clearer why Nouri al-Maliki must go. He is disruptive to the real goals of Iraq and it is obvious his is pro-Iranian Shiite preferences take priority over Shiite Iraq.Also“THE STATE OF LAW COALITION WARNS SUDAN: ESCALATION WITH FACTIONS THREATENS THE ELECTIONS AND OPENS THE DOOR TO CHAOS!” The State of Law Coalition, led by Nouri al-Maliki, warned Prime Minister Mohammed Shia al-Sudani on Sunday against any escalation with armed factions in the coming period. Also “AN IRANIAN ADVISOR REVEALS DETAILS OF THE “DISARMAMENT OF THE POPULAR MOBILIZATION FORCES” CALL WITH MALIKI.” Ali Akbar Velayati, an advisor to Iran’s Supreme Leader, revealed details of a recent phone call with Nouri al-Maliki, head of the State of Law Coalition. The call centered on concerns that the disarmament issue would be transferred from Lebanese Hezbollah to the Popular Mobilization Forces (PMF).

There is going to be trouble!

3. 😊The constitutional requirement for a referendum to govern the oil and gas from Iraq. This is called the Hydrogen Carbon Law or Oil and Gas Law. This is decades overdue. This new law, if passed through parliament, will resolve much of the disputes between Kurdistan and the GOI in Baghdad. Please see article “TO RELEASE SALARIES FOR THE KURDISTAN REGION, IRAQ IS WAITING FOR OIL, AND OIL IS WAITING FOR AN AGREEMENT.”

4.😊 😊 Parity in the parallel market vs the official CBI rate.

The IMF recently has told us just how important this issue is in resolving. They must come to “parity” and is almost at parity. The IMF explains just how import this issue is and how this one issue alone effects so many other areas of the Iraqi economy. The CBI must be able to control it’s currency.

Iraq: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Iraq

5. 😊 Collect the 80% of the currency outside the banking sector

Find creative ways to collect these dollars (most dinars) from the general public sector and get it into the banks. Does this include the dinar we as investors hold? Yes, I believe we are part of it too. You might want to take a peal at the article titled “AL-ALAQ: 80% OF THE CURRENCY IS OUTSIDE BANKS.” The Governor of the Central Bank, Dr. Ali Al-Alaq, stressed that the Banking Reform Document (2025) represents a strategic step to enhance confidence in the Iraqi banking system and address shortcomings. He pointed out that approximately (80%) of the Iraqi currency is stored outside banks in homes due to weak confidence in the banking system.

In a statement to “Al-Sabah”, Al-Alaq explained that the reform document aims to modernize banks according to international standards and attract global partnerships. He also revealed that only (10%) of banks expressed reservations about the plan, while there are (10) banks under liquidation due to their inability to return customer deposits. 

In summary I hope everyone listened carefully to the introduction audio when the Newsletter first opened up. I highly recommend everyone listen to it at least twice to understand that the IMF is emphasizing the necessity and benefits of “parity” of the black market parallel rate vs the official CBI rate. Please let us all keep praying, if even in our own little way. I can see God’s hand at work and we must be patient to let His work take its course. We are now seeing the beginning stage of the collapse of the Federal Reserve and its collection agency the IRS. Other politicians and long term government employees are also finding ot that they are not going to escape justice for their crimes. I am a bit sock and tired of anyone who says justice will not prevail this time around and that they will just “get away with their crimes”. Really? Is that what you really believe? Folks, this is not things as usual, haven’t you realized this by now?

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:

                                         

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

Prophetic Words from prophet Julie Green:

“THE GREAT FALL OF THE BANKING SYSTEM AGAINST THIS NATION“ 

You can go to mark 19:12 on the video to start prophecy. From Aug 8^th.

WOW! WOW! WOW! This one prophecy connects many of pieces and how the deep state got their funding to keep their horrific, devastating and chaotic events going. Remember what the Marxist doctrine says on how to take over a country.

It says you must give the country event after event and not let up. It says you must be relentless until the people finally cave in and let them have their way and thus the takeover becomes more successful. I am talking about a socialist communists takeover.

But we know this Marxist communist takeover is NOT going to be successful and we see God’s hand at work to make sure they are not successful. This prophet word today is all about how they funded these events through their slush funds and what they are doing behind our backs. This is what really gets my “goat” – you funded these events, through your own tax dollars.

Remember when God restores righteousness, he will restore what was loss 7 X over.   What does this say about the dinar revaluation? God is our insurance policy that this dinar revaluation is inevitable even besides what we already know.

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“A SMOKING GUN IS COMING THAT WILL COLLAPSE THE IRS“ 

You can go to mark 19:22 on the video to start prophecy. Second one from Aug 8^th. This prophecy is one of many given about the IRS. There should be no doubt in your mind that the IRS is going to be dissolved very soon along with the Federal Reserve (part of the Central Banking cartel). There is in the making now a new financial structure being implemented. We all need to just give it time to play out.  

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All I can is “God told you so”!

SOROS FINALLY IN THE CROSSHAIRS OF AN OFFICIAL INVESTIGATION

Incidentally, God did tell us through His prophets, that Soros is going to be exposed and lose his fortune and influence from politics. We are just seeing Pandora’s box being opened on this prophecy now. Yes, this is the beginning of the end of Soros. Pay attention this all  matters when it comes to Iraq. This is all tied together.

EPA TO REVERSE UNSCIENTIFIC JUSTIFICATIONS FOR CLIMATE CHANGE

Oh… is this climate change BS finally being challenged with common sense and legal grounds? We must understand it was just yet another communist narrative to drain money foolishly, create slush funds and cause yet another crisis. Yes, more FEAR. They trive on crisis after crisis.

IS VOTER FRAUD STILL ONGOING?

THINK, THINK and THINK SOME MORE! Why did the democrats win so many seats in Congress and the Senate in spite of Trump winning the national popular vote and the electoral college vote?

For the executive branch the election was a “landslide”. So then why are the margins on the congressional and senatorial side of the house still so slim? The republicans in the last many elections just can’t see to gain any kind of real margin of victory in certain key states, in spite of winning the presidency. Does this sound weird to you? Sounds to me there is still massive voter fraud going on in many of these states. Let’s take a deeper dive into this today because this does impact what is going on in Iraq and it is important to our investment in the dinar.

When you go to vote, most vote a straight party ticket. Sorry if you don’t but data shows the majority of people do vote this way. So, if this is the case you can then see the fraud as votes were switched from republican tickets to democrats for the congress and senate positions that were open in 2024. It is obvious something is not right.

Now if you watch this broadcast you will see a map of Illinois, like the one above. Could this districting be the reason why? The voter fraud is obvious. But let’s take these thoughts a step further and go to the state of Massachusetts. Not a single seat today is held by a republican in the house today. Does this seem weird to you because if it does it reeks of voter fraud.

God, through His prophets, tell us that there was massive voter fraud and he is going to correct it. Let’s watch how this all plays out. The important part is that there will be a coming fairness in the voting in the U.S. Also we must PRAY and give thanks to God for how he helped bring back TRUTH and HONESTY to politics in the U.S.  

INVESTIGATION CONFIRMS HORRIFYING ELECTION SCANDAL — DEMOCRATS ‘STOLE HOUSE SEATS’

NOW WE LEARN WHY TEXAS DEMOCRATS FLED TO ILLINOIS

Of course, it was to hide from the Texas legislature so as to block the voting process on redistricting of their state. The legislature needs a quorum to even take the vote. But why did they flee to Illinois of all states? Today we get some insight into why Illinois.

Maybe, or most likely, you don’t live in Illinois or Texas and so who cares about all this? As responsible citizens of a constitutional republic we all should care and the carelessness of the citizens of this republic in the past has gotten us into this mess. But then is then and now is now. Now its time to fix this mess.

BIDEN HIT WITH STUNNING DEVELOPMENT — HIS PRESIDENCY COULD BE ERASED. Really?

Many of you folks reading this will turn up your nose and tell Mnt Goat this will never happen. Really? Folks, as I have said to you many times this is not normal times we are living in. There was a coup to take over the country and it was led by the new Marxist party of democrats. Aren’t you even paying attention?

THE CASE OF THE JACK SMITH: ACTIONS AGAINST TRUMP ARE NOT GOING AWAY.

— federal judge orders release of all documents related to cases against Trump. Stay tuned you are going to hear much more about this in the coming months.

WHAT DEMOCRATS SO FAR ENDORSE HAVING A MARXIST SOCIAL COMMUNISTS MAYOR FOR NYC

Folks, we should not even be having this conversation. A communist candidate being endorsed by members of a major political party? Really? This shows us just how far left the left has gone. Whether you are a liberal, conservative or any other political thinker you need to remember these names and remember them well, when you go to vote at their time for re-election. They all have to go along with their buddy Mamdani. Throw these bastards out. The question now lies will Americans in NYC be stupid enough to vote for Mamdani. Oh…maybe they have BIG plans to rig the election anyhow?

THE CLEAN UP OF THE DISTRICT OF COLUMBIA, WASHINGTON DC HAS BEGUN

https://videopress.com/v/7rlolYys?resizeToParent=true&cover=true&posterUrl=https%3A%2F%2Fvideos.files.wordpress.com%2F7rlolYys%2F081225-trump-and-clean-up-of-dc-1_mp4_std.original.jpg&preloadContent=metadata&useAverageColor=true

A Deep Dive Into Epstein – Dr. Jan Halper-Hayes

BONDI BOMBSHELL — OBAMA’S NAME IS ON THE “TOP” OF THE LIST FOR RUSSIAGATE

Forwarded to the Grand Jury for review this week.

TRUMP ISSUES FIERY RESPONSE TO TEXAS DEMS: ‘DO YOU NOTICE THIS’

STATE LAUNCHES INVESTIGATION INTO WHO IS FUNDING TEXAS DEMOCRATS’ WALKOUT

THE REAL RUSSIA COLLUSION STORY WITH JOHN SOLOMON: LAID OUT IN SIMPLE TERMS.

TRUMP JUST UNCOVERED A MUCH BIGGER SCANDAL THAN RUSSIAGATE 

As if that could be possible….

DOJ LAUNCHES A GRAND JURY INVESTIGATION INTO RUSSIAGATE CONSPIRACY ALLEGATIONS

The Justice Dept is now taking the next step and moving the Tulsi Gabard evidence along to a Grand Jury which will look at the evidence and then the next step will be taken, if applicable. Yes, this is being elevated and will not go away like so many other crimes against Americans in the past by these crooked politicians.

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TRUMP UNCOVERS A ‘TRILLION DOLLAR’ SCAM LAUNCHED BY BARACK OBAMA 

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THE DURHAM REPORT ANNEX IS FINALLY DECLASSIFIED AND IT IS RELEASED.

What does it tell us?

Stephen Miller, deputy chief of staff, UNLOADS on Dems over Russiagate: ‘One egregious felony after another’.

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JEANINE PIRRO CONFIRMED— HER FIRST BOMBSHELL ORDER PUTS DC ON NOTICE

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THERE’S A MUTINY AT THE FED

It won’t be long before the Trump administration cancels the Fed contract and moves its functions to the US Treasury altogether. By the way…this is where it should have been anyhow for almost century. It’s just taking a strong leader to bring it back from the hands of the private banking cartel. Oh boy… and they surely don’t like that.

IMF PUSHES REFORM OF IRAQ’S BANKING SYSTEM

14th July 2025 

A new report from the International Monetary Fund (IMF) has said that the restructuring of state-owned banks (SOBs) can foster the development of the private sector and improve growth. It adds:

“Strengthening the financial sector can support private sector credit, fostering investment and growth.

“To this end, the authorities are finalizing a reform strategy entailing a restructuring of the two largest SOBs. The improvement of the function of credit markets also requires the release the draft by-laws concerning SOB corporate governance, and establishing robust supervision, regulation, and governance under the CBI.

“Other measures include creating an Ownership Policy to clearly define the objectives and goals of government ownership in financial institutions and accelerating the implementation of modern Core Banking System solutions.”

I am sorry this information is just too lengthy to download and paste in the Newsletter. You can go to this site and find the entire report.

Click here to download the full report.

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A COMPREHENSIVE REFORM PROJECT FOR THE PRIVATE BANKING SECTOR

 April 07, 2025

Baghdad, Iraq, April 7, 2025 – With the full support of the government and in cooperation with Oliver Wyman consulting company, the Central Bank of Iraq (CBI) today unveiled reform plans aimed at modernizing the Iraqi private banking sector and building a robust, modern, and flexible banking sector that drives economic growth, the enhances financial inclusion, in addition to generates attractive and sustainable returns for shareholders.

This plan is the result of joint efforts of the CBI, the government, and the private banking sector, in cooperation with Oliver Wyman. Its success depends on the active participation and cooperation of all concerned parties. The CBI and the government will lead projects aimed at modernizing the sector and meeting the evolving needs of a rapidly growing economy. These projects focus on three objectives:

First: Strengthening and deepening widely the financial inclusion in Iraq.

Second: Raising the efficiency and productivity of the private banking sector.

Third: Creating a fair and healthy competitive environment in the market while improving the sector’s flexibility and ability to withstand risks.

This project will contribute to enhancing the protection of depositors and creditors, along with financial education campaigns to restore confidence in dealing with banks. Financial inclusion will also be expanded through the establishment and effective implementation of legal and regulatory frameworks. For the purpose of enhancing the access to services, payment systems will be modernized to facilitate efficient and reliable transactions for both businesses and individuals, in addition to financial infrastructure will also be expanded, including an increased network of branches and ATMs. As well as compliance procedures of anti-money laundering and countering the financing of terrorism (AML/CFT) will also be simplified and assessed through a digital identity system.

Key pillars of banking standards reform:

A prerequisite for the success of the plans is demanding all banks comply with a set of standards and to actively participate in the sector’s transformation process. Banks must move toward business models that represent an additional value to the Iraqi economy, while providing superior customer service, ensuring its financial stability, and combating fraud and financial crime.

The key banking standards to be implemented are divided into four main categories:

1. Ownership Structure and Governance:

Setting maximum ownership limits to prevent excessive control (concentration) by any single entity or related parties.

Ensuring competent and independent boards of directors, with suitability tests for all key leadership positions.

Conducting intensified due diligence on all major shareholders.

2. Business Model Sustainability:

Requiring banks to adopt sustainable and practical business models by submitting consistent detailed business plans, strategic plans, financial projections, organizational structure, technology implementation plans, and operational management.

Ensuring that key services and products are aligned with market needs to support the Iraqi economy and citizens.

3. Financial Metrics:

Maintaining the capital adequacy and liquidity ratios in line with international best practices to ensure banks’ resilience in the face of financial crises.

4. Risk and Regulatory Compliance:

Keeping pace with global best practices in compliance, including comprehensive measures to combat money laundering and terrorist financing, to ensure the sector is protected from financial crimes.

Enhancing transparency in reporting and audits by accredited auditors to reduce conflicts of interest, including related party transactions.

The Reform Process:

The reform process will be a multi-stage journey. During this process, private banks will be assessed for compliance with the required standards at various stages of the reform process. The first assessment cycle is expected to begin in the first quarter of 2026.

Next Steps:

Over the coming months, CBI will share detailed criteria and timelines with the private banking sector through official circulars for implementing the reform process. It will also work to activate support channels and hold technical assistance workshops to ensure readiness before the assessment process begins. All licensed private banks will be asked to formally confirm their participation in the reform process. CBI is fully committed to achieving this transformation by working closely with all relevant stakeholders to pave the way for a strong and inclusive financial system.

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GOVERNMENT PROGRAM AND ECONOMIC POLICIES REVIVE THE DINAR

In its third year of implementation, the government program continues to make steady progress toward achieving its economic goals, despite the complex challenges posed by regional and international realities, particularly regarding the threat of war, fluctuations in energy markets, and volatile global economic cycles.

However, national growth indicators remain evident across various infrastructure sectors, supported by remarkable levels of economic stability, most notably the annual inflation rate remaining below the 3 percent mark. This indicates the ability of economic policy to absorb shocks and manage resources relatively efficiently.

qualitative transformations

In this context, Dr. Mazhar Mohammed Saleh, the Prime Minister’s financial advisor, told Al-Sabah that the parallel currency market has witnessed a qualitative transformation over the past period. Previously, it was governed by “noisy patterns” that generated sudden price fluctuations. Today, it has become more stable and is gradually being driven by the official market.

Saleh attributes this shift to the effective coordination between fiscal, monetary, and trade policies, which contributed to the flow of accurate and well-thought-out information signals, enabling the market to shift from a state of volatility and speculation to a calmer trading environment more in line with the country’s economic reality.

Integrated procedures

Saleh adds that this positive shift is the result of a series of integrated measures that have contributed to narrowing the gap between the official and parallel dollar rates, most notably the strict legal ban on dollar use in domestic transactions, particularly in the real estate market, which is one of the most sensitive sectors.

He added, “The transition to a mechanism for financing foreign trade through global correspondent banks, rather than relying exclusively on the central bank’s window, has contributed to reducing compliance risks and decreasing reliance on the informal market.”

Another factor that has contributed to enhanced market stability, the advisor said, is the entry of small importers into the official dollar financing network, without the need for money exchange companies. This has facilitated their access to foreign currency at direct official exchange rates, especially since their trade represents approximately 60 percent of the private sector’s foreign trade.

Administrative facilities

Dr. Saleh points out that this transformation was achieved through administrative facilitation provided by the government and the reduction of bureaucratic loopholes that previously hindered import financing and implementation.

The financial advisor emphasized that the expanding use of electronic payment cards in foreign currency, particularly among travelers, has been an additional factor in reducing pressure on the cash dollar, given the availability of cash allocations at the official exchange rate through banking outlets located throughout airports, and with flexible and organized compliance mechanisms.

He pointed to the role played by cooperative societies, food baskets, and construction goods, which are imported in dollars at the official exchange rate of 1,320 dinars, in supporting the price stability policy. This has enabled the government to use trade as a tool to achieve monetary stability, as part of an integrated strategy for economic policies in implementing the government program.

Fluctuations in the US economy

In contrast, financial and economic expert Dr. Safwan Qusay pointed out that the Iraqi dinar, despite its relative resilience, remains vulnerable to the effects of global markets and fluctuations in the US economy. Speaking to Al-Sabah, he pointed out that the new customs restrictions imposed by the US administration on some imports have weakened exports from key countries such as China, Japan, the European Union, and Canada. This has led to a relative decline in the value of the US dollar globally, which opens the way for the Federal Reserve to consider reducing interest rates, which could negatively impact the dollar’s attractiveness as a reserve currency.

Qusay believes that the Iraqi market is often subsequently affected by these shifts, which may partly explain the recent decline in the dollar’s price in the informal market, due to the potential entry of cash dollars into Iraq via neighboring countries amid these changes.

strong bumpers

Qusay warns that the continued decline in the value of the dollar could pose future risks to the central bank’s reserves, especially with an increasing number of countries diversifying their reserves away from the US dollar and resorting to gold or other currencies. However, Qusay emphasized that Iraq still possesses strong buffers that protect it from these risks, most notably its massive dollar reserves at the central bank and its possession of more than 116 tons of gold, which is also witnessing a rise in value globally. He also points out that current oil prices remain at levels sufficient to ensure the stability of the dinar in the long term.

near.

Qusay believes that maintaining this stability requires the Central Bank to review its reserve management strategies and ensure they are not affected by dollar fluctuations. He also believes that it is necessary to accelerate steps to diversify the economy and control revenues and expenditures to avoid any potential repercussions of the dollar’s decline on the value of the Iraqi dinar.

Alsabaah.iq

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AL-SUDANI ANNOUNCES DECISIVE STEPS TO REFORM IRAQI BANKS AND RESTORE CONFIDENCE IN THE FINANCIAL SECTOR.

 
Prime Minister Mohammed Shia al-Sudani affirmed on Sunday the continuation of the comprehensive banking reform process through three basic steps, emphasizing the need for implementation to be based on a balanced vision that takes into account the specificities of Iraqi reality and ensures enhanced confidence in the banking sector.

A statement issued by his office, received by Al-Mada, said, “Al-Sudani was briefed on the latest developments related to the banking reform paper, particularly those related to private banks, appreciating the efforts made by the Central Bank of Iraq in preparing the document, which aims to enhance financial stability, achieve transparency, and raise the efficiency of the banking sector.”

The statement indicated that “the Prime Minister paid special attention to the observations contained in the letter from the Iraqi Private Banks Association dated August 3, which included challenges facing local banks in implementing some provisions of the document, particularly those related to capital increase requirements, the adoption of a strategic partner, the costs of contracting with foreign companies, as well as the binding timelines. Accordingly, Al-Sudani called for adopting a participatory and consultative approach between the Central Bank and Iraqi banks by forming joint technical committees to review reform requirements and ensure their compatibility with the national financial and economic reality, in a manner that maintains a balance between reform requirements and the capabilities of local banks and protects the interests of investors and workers in this vital sector.”

Al-Sudani explained that “the three approved steps begin with opening an expanded dialogue between the Central Bank and the banks to clarify the technical aspects of the document and discuss possible implementation mechanisms and their gradual progression. This includes taking into account the specificity of the Iraqi reality when applying international standards, while committing to reform in principle and formulating standards in a manner that enhances confidence in the banking sector. This is followed by reassuring the banking community through clear messages that the goal of reform is empowerment, not exclusion, and that the doors of discussion remain open to serve the national economy.”

For his part, banking expert Majid Abdul Hamid told Al-Mada that “the document represents a necessary step to raise the efficiency of the banking sector and improve the business environment in Iraq, but its success depends on gradual implementation and linking each stage to a clear support plan.” He explained that the immediate implementation of some provisions, such as increasing capital or requiring a strategic partner, could place small banks under significant financial pressure, which requires granting them appropriate periods of time to adapt.

Economist Ayad Al-Rawi explained to Al-Mada that “banking reform is part of a broader economic reform, and that raising technical standards for banks will boost the confidence of depositors and investors. However, he warned that the lack of effective communication with the public could lead to unjustified fears and sudden withdrawals of deposits.”

He stressed that “gradualness and transparency in announcing measures will be key to the success of reform, calling for a supportive legislative and financial environment to reduce risks to the local market.”

As the government continues its path of banking reform, the stakes remain on the ability of the relevant parties to balance adherence to international standards with their adaptation to Iraqi market conditions, thus preserving the sector’s stability and enhancing its role in financing development and supporting the national economy.

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READ THE BANKING REFORM PAPER.. AL-SUDANI DIRECTS THE OPENING OF A DIALOGUE BETWEEN THE CENTRAL BANK AND BANKS, ESPECIALLY PRIVATE ONES.

Prime Minister Mohammed Shia al-Sudani affirmed support for banking reform and the formation of joint committees to review the sector’s requirements on Sunday.

Government spokesman Bassem Al-Awadi said in a statement received by Iraq Observer that “Prime Minister Mohammed Shia al-Sudani was briefed on the latest developments related to the banking reform paper, particularly those related to private banks. In light of the comments and responses he received in this regard, he highly valued the efforts made by the Central Bank of Iraq in preparing the banking reform document, which aims to enhance financial stability, achieve transparency, and raise the efficiency of the banking sector.”

The Prime Minister also affirmed “the government’s support for all reform initiatives that would strengthen the structure of Iraq’s financial system in line with international best practices.”

At the same time, Al-Sudani paid “great attention to the objective observations and challenges facing local banks in implementing some provisions of the reform document, contained in the letter from the Iraqi Private Banks Association, dated August 3, 2025, particularly those related to capital increase requirements, the approval of a strategic partner, and the costs of contracting with foreign companies, in addition to the binding timelines in light of the proposed reform process.”

He pointed out that, “Based on this, the Prime Minister emphasized the importance of adopting a participatory and consultative approach between the Central Bank and Iraqi banks, through the formation of joint technical committees tasked with reviewing reform requirements and ensuring their compatibility with the national financial and economic reality, while maintaining a balance between reform requirements and the capabilities of Iraqi banks, and protecting the interests of local and international investors and those working in this vital sector.”

According to the statement, the Prime Minister reiterated his support and appreciation for all sincere national and international efforts exerted in this vital path. He also emphasized the importance of implementing a comprehensive banking reform process based on a balanced vision, through the following steps:

1-Opening an expanded dialogue between the Central Bank of Iraq and Iraqi banks to clarify the technical aspects of the document and discuss possible implementation mechanisms and their gradual progression.

2- Taking into account the specificity of the Iraqi reality when applying international standards, while emphasizing the need to adhere to reform in principle, and the need for standards and procedures to be formulated in a manner that enhances confidence in the banking sector and contributes to its development.

3- Work to reassure the banking community through clear messages, confirming that the goal of reform is not exclusion but empowerment, and that the doors of discussion are open to serve the public interest.

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AL-MALIKI TO KHAMENEI’S ADVISOR: THERE IS AN AMERICAN INTENTION TO DISARM THE POPULAR MOBILIZATION FORCES AND OTHER FACTIONS, AND WE WILL CONFRONT IT.

(This article could not make it any clearer why Nouri al-Maliki must go. He is disruptive to the real goals of Iraq and it is obvious his is pro-Iranian Shiite.)

State of Law Coalition leader Nouri al-Maliki discussed with Ali Akbar Velayati, advisor to Iranian Supreme Leader Ali Khamenei for international affairs, efforts to disarm Hezbollah in Lebanon and the US’s “intention” to disarm the Popular Mobilization Forces and some factions in Iraq. Both considered the matter “part of an American-Zionist plan to weaken the resistance front.”

The talks between Maliki and Velayati took place during a phone call the latter made last Thursday “to check on Maliki’s health,” according to the Iranian news agency IRNA, which noted that “Velayati praised Maliki’s effective role in supporting the resistance front.”

The agency added, “Nouri al-Maliki also expressed his gratitude for Velayati’s follow-up of his health condition, stressing “the importance of communication and coordination between the leaders of the resistance front . “

According to IRNA, the two sides exchanged views on recent regional developments, particularly the new conspiracies hatched by the Zionist entity and the United States against the Islamic Resistance.

Referring to recent moves by the US and the Zionist entity to “weaken the resistance front,” Velayati emphasized, “God willing, with your help and the support of all the pillars of the resistance front, we will stand up to America and the Zionist entity, and we will not allow their malicious goals to be achieved.”

During the call, according to the agency, Maliki warned of the “sensitive situation in the region,” saying, “Today we are witnessing their intention to disarm Hezbollah in Lebanon, and there is no doubt that the next step will be the role of Iraq, the Popular Mobilization Forces, and other factions. We will not allow such plans to be implemented under any circumstances, and we will confront them side by side with the resistance front.”

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ANOTHER DICTATORSHIP? IRAN STANDS AT THE THRESHOLD OF HISTORIC CHANGE BY HAMID ENAYAT

By Hamid Enayat

For Iran, now is the first time in over a century – since the 1907 Constitutional Revolution, inspired by the French Revolution – the dream of freedom feels truly within reach. The vision ahead is bold and clear: a secular republic founded on the separation of religion and state, gender equality, the elimination of nuclear weapons, an end to executions, no compulsory hijab or forced religion, and no authoritarian rule. This vision includes ethnic autonomy, peace with neighboring countries, and peaceful coexistence with the world.

But this path has been anything but easy. The cost has been staggering – over 100,000 lives lost in the pursuit of freedom. The Iranian people’s resistance has been crushed repeatedly, at times coming close to complete destruction. It has indeed been a perilous journey, where patriots continually walk a fine line between liberty and death. Yet, like a phoenix rising from the ashes, the movement has once again soared toward the peaks of freedom.

The radical Islamic dictatorship sees its survival as tied to the destruction of Iran’s resistance – especially the People’s Mojahedin Organization of Iran (PMOI/MEK), which forms the backbone of this struggle. But today, thanks to the unwavering persistence of the resistance, the tide is turning. The theocratic regime is on the brink of collapse, faced with a decentralized resistance movement built on thousands of grassroots cells across the country – ready to pay any price for a brighter future. A future that belongs to the people, with no return to the terrible past.

Despite all the suffering, executions and even acts of genocide endured by the Iranian people, remnants of the monarchy remain trapped in delusion. They imagine that time has somehow reversed, and that the fall of religious tyranny will simply make way for the return of royal dictatorship. Perhaps this explains why Reza Pahlavi, son of the former Shah, is now seeking support from factions within the Islamic Revolutionary Guard Corps (IRGC).

On July 26, Reza Pahlavi hosted a gathering in Munich. In an interview with Politico, he claimed that more than 50,000 regime officials and military personnel had registered on a “secure platform” aimed at supporting the overthrow of the clerical regime. He also stated that he was in discussions with regime security and military forces about their potential role in toppling the religious dictator Ali Khamenei and forming a secular government.

From Shah to Mullah – and now from Mullah back to Shah?

Is this the cruel irony of history? The answer is clear: No. History does not move backward. The Pahlavi dictatorship cannot reclaim power on the blood of hundreds of thousands of freedom fighters – this time repackaged in the name of modernism.

On July 31, Maryam Rajavi, leader of the Iranian opposition, spoke at a conference in Rome attended by numerous European and American officials and lawmakers. She firmly stated that the religious dictatorship must be fully rejected in all its forms and factions. From the beginning, the National Council of Resistance of Iran (NCRI) has drawn a clear boundary excluding both the Mullahs and the Shah – because neither represents democracy.

She emphasized that the NCRI, whose legitimacy is rooted in four decades of resistance, views freedom as the sole measure of progress. It offers no privileges and allows no discrimination based on belief. Every citizen – whether religious or not – must enjoy equal rights under the law.

Former New York City Mayor Rudy Giuliani, also present at the Rome conference, commented on Reza Pahlavi:

“This man has done nothing. He shouldn’t even be allowed to run a health company. Given his ties to the IRGC – a designated terrorist organization – this could be considered criminal. Reza Pahlavi is a traitor to the Iranian people. A free Iran is within reach because the MEK is the only group with the courage to make it possible.”

Pahlavi’s claims of contact with segments of the regime and the IRGC, supposedly to help lead a transition to democracy, are nothing more than a bitter and grotesque farce. In truth, such actions serve only to prolong the life of a theocratic regime on the verge of collapse. Just as he helped derail the 2022 uprising, he now seeks to prevent the next one – by sowing confusion and doubt within the ranks of the opposition.

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ECONOMIST: THE CENTRAL BANK CONTROLS THE EXCHANGE RATE BY 60%… THE BIGGEST CONCERN IS OIL PRICES!

Economist Ahmed Hadhal confirmed that the stability of the dollar exchange rate in Iraq in recent years is due to a series of measures taken by the Central Bank. However, he warned that any external or political shocks could push the rate higher again.

In an interview with Jarida Platform, Hathal said , “There are two issues that govern the exchange rate issue. The first falls within the scope of the Central Bank’s work through monetary policy tools, and the second relates to the structure of the Iraqi economy, which does not respond quickly to these policies.”

He explained that “over the past three years, the Central Bank has been able to develop effective tools to control the foreign exchange market by between 50% and 60%, most notably the implementation of the dollar platform, which has encouraged major traders to convert to official currency instead of resorting to the black market, and the Skoda program, which reduces fake invoices at border crossings, in addition to measures to limit the financing of fake imports via credit cards.”

He noted that “the current stability in the exchange rate could continue unless external shocks or political and security crises occur that would prompt investors and citizens to switch to the dollar in anticipation of the dinar’s devaluation.” However, he noted that “the trade crisis with Iran, due to US restrictions, continues to put pressure on the local market.”

He explained that “oil prices remain the most influential factor on the exchange rate, whether directly through foreign exchange reserves or indirectly through oil revenues,” warning that “the lack of support for local productive sectors makes the economy dependent on imports, leaving it vulnerable to global fluctuations.”

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BY INTEGRATING THE PRIVATE SECTOR, AN EXPERT SAYS IRAQ HAS THE POTENTIAL TO ATTRACT HARD CURRENCY THROUGH THE TOURISM INVESTMENT SECTOR.

Economic and financial expert Safwan Qusay confirmed that Iraq has the potential to increase its attractiveness in the tourism investment sector, given that it currently boasts 12,000 cultural and religious tourist sites, in addition to natural areas.
Qusay told the Iraq Observer, “The Tourism Authority should demand the return of the Authority’s assets and invest them rationally, involving the regular private sector in the investment sector, whether in hotels, restaurants, or transportation. Millions of tourists visit Iraq annually, so tourism is a sustainable source of income.”

He added that Iraq has an opportunity to connect the holy cities of Najaf and Karbala to Mecca via a train, which could contribute to sustaining tourism revenues throughout the year.
Regarding the path to development, the economic expert explained, “Iraq looks forward to completing this project, which could contribute to the visits of these tourists and the creation of complementary industries to express the possibility of having crafts and some tools that could contribute to strengthening popular industries, with the aim of creating memories for tourists of their visit to Iraq.

” He continued, “Iraq could have a stable currency, as tourists spend in different currencies. This is also a source of income for obtaining foreign currencies, facilitating their entry into the country and converting them into Iraqi currency in various ways.”
Last April, the Ministry of Culture, Tourism and Antiquities announced the entry of more than 500 European and American tourists to Iraq during the past year, while expecting an increase in numbers during the current year 2025, stressing that Iraq is witnessing remarkable tourism development with economic and political stability.

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AN IRANIAN ADVISOR REVEALS DETAILS OF THE “DISARMAMENT OF THE POPULAR MOBILIZATION FORCES” CALL WITH MALIKI.

Ali Akbar Velayati, an advisor to Iran’s Supreme Leader, revealed details of a recent phone call with Nouri al-Maliki, head of the State of Law Coalition. The call centered on concerns that the disarmament issue would be transferred from Lebanese Hezbollah to the Popular Mobilization Forces (PMF).

This came in response to a question about similar plots orchestrated by the US against the Popular Mobilization Forces in Iraq, during an interview with the Iranian Tasnim News Agency.

Velayati referred to a recent phone call he had with Nouri al-Maliki, whom he described as a “brave man” for having issued the death sentence for Saddam during his reign and expelling the “gang of hypocrites” from US forces in Iraq.

The Supreme Leader’s advisor said that Maliki confirmed during the call that the United States and Israel would move on, after Lebanon, to target the Popular Mobilization Forces in Iraq.

Velayati added: “We agreed that Iran and Iraq will reject the disarmament of Hezbollah in Lebanon or the Popular Mobilization Forces (PMF) in Iraq, and will stand in the way of that.”

He continued, “If it weren’t for the Popular Mobilization Forces, the Americans would have swallowed Iraq. The Popular Mobilization Forces play the same role in Iraq that Hezbollah plays in Lebanon.” The Lebanese Ministry of Foreign Affairs and Emigrants condemned Velayati’s statements on Saturday, deeming them “blatant and unacceptable interference in Lebanon’s internal affairs.”

(These PMF forces in Iraq are going to create a huge problem. Some way or another they will be expelled from Iraq regardless of what Velayati is saying in this article. If Nori Al-Maliki wants to continue to exist in Iraq he too better get onboard with US policy. We need to watch this carefully. Read my lips – THERE WILL BE NO RV UNLESS THE PMF IS GONE!!!! )

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THE STATE OF LAW COALITION WARNS SUDAN: ESCALATION WITH FACTIONS THREATENS THE ELECTIONS AND OPENS THE DOOR TO CHAOS!

The State of Law Coalition, led by Nouri al-Maliki, warned Prime Minister Mohammed Shia al-Sudani on Sunday against any escalation with armed factions in the coming period.

Coalition leader Hussein al-Maliki said, “The law must be applied to everyone, but this step, which came as a result of the formation of the investigative committee (in the agricultural incident) and the announcement of its results, is an escalation, especially since it coincided with the British representative’s statement on the Popular Mobilization Forces issue and the US veto of the Popular Mobilization Forces law.”

Al-Maliki stated, “These issues must be resolved through political means, because external parties are trying to push the Iraqi government into a confrontation with the resistance factions, something neither the region nor Iraq can tolerate. It appears that there are those working to ignite a Shiite-on-Shiite conflict, and they have found in this a loophole to embroil the government and the factions in an internal conflict.”

Al-Maliki suggested that al-Sudani was now operating according to his bloc’s decisions and foreign relations, rather than the principles of law and state. If this conflict erupts, the electoral process will be disrupted, the country will slide into chaos, and we may reach an emergency government or even a return to the mandates of Article 7.

He stressed the need to “hold the perpetrators accountable, but without announcing the name of the party, as this is a political approach. Repeatedly announcing names and insisting on the confiscation of weapons, while not passing the Popular Mobilization Law, sends the message to citizens that these measures are in response to external orders, and this undermines confidence in the government.” He expressed his hope that the government would handle such issues politically, wisely, and with a sense of responsibility toward the state.

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LARIJANI REVEALS A SECURITY AGREEMENT BETWEEN IRAQ AND IRAN IS IN THE WORKS.

Ali Larijani, Secretary of Iran’s Supreme National Security Council, announced on Monday that a security agreement between Iraq and Iran is being prepared and will be signed during his current visit to Iraq.

Larijani confirmed in statements reported by the Iranian News Agency (IRNA), and followed by Mawazine News, that “his first stop on the tour will be Iraq,” indicating that “Iraq is a friendly and neighboring country with which we have close trade relations.”

He continued, “Cooperation between the two peoples is at a very good level, a prominent example of which is the Arbaeen ceremonies,” extending his thanks to “the Iraqi government for its great cooperation in facilitating the affairs of pilgrims during the Arbaeen occasion.”

He added, “We have prepared a security agreement with Iraq, and this is very important, as Iran’s vision and approach to dealing with neighbors is based on the principle that the security of Iranians is paramount, while also paying attention to the security of neighbors, unlike some countries that limit security to themselves and ignore or harm the peoples of other regions.”
He continued, “During this visit, the agreement will be signed, and we will meet many friends in Iraq, from officials and various factions, and we will listen to their opinions and exchange discussions on areas of bilateral cooperation.”

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TO RELEASE SALARIES FOR THE KURDISTAN REGION, IRAQ IS WAITING FOR OIL, AND OIL IS WAITING FOR AN AGREEMENT.

The Iraqi Federal Ministry of Finance links the payment of salaries to Kurdistan Region employees to the delivery of Kurdistan Region oil, for which a final agreement has not yet been reached with the producing companies.

The urgent meeting of the Iraqi Federal Council of Ministers, held yesterday (August 10), did not address the issue of releasing salaries for Kurdistan Region employees, as those employees had expected.

An official source in the Iraqi Council of Ministers told Rudaw that “the meeting lasted more than two hours and did not discuss the issue of salaries, perhaps to allow more time to remove obstacles to this issue.”

Two informed sources, one from Baghdad and the other from the Kurdistan Region, indicated that the main obstacle to releasing salaries for Kurdistan Region employees is the delivery of oil, despite the Kurdistan Regional Government’s decision (on July 30) to deliver oil for export.

Oil produced in the Kurdistan Region has not yet been delivered for export via the Turkish port of Ceyhan.

Under the Iraqi Cabinet’s decision regarding the Erbil-Baghdad agreement, 230,000 barrels of oil must be delivered to SOMO for export, while the Kurdistan Region retains 50,000 barrels for domestic use.

This comes as Iraqi Oil Minister Hayan Abdul Ghani announced from Kirkuk to a Rudaw Media Network correspondent on August 6, 2025, that the Kurdistan Region’s oil production is 130,000 barrels, 50,000 of which are for domestic use. We have agreed with our brothers in the Kurdistan Region to receive the remaining 80,000 for export via the Turkish port of Ceyhan.

The source, speaking to Rudaw from Baghdad, said, “The federal Ministry of Finance is awaiting notification from the Ministry of Oil that it has received Kurdistan Region oil, so the government can make a decision regarding the release of Kurdistan Region employees’ salaries for June.”

The agreement between Erbil and Baghdad stipulates that the Kurdistan Region will retain 50,000 barrels of oil it produces for domestic use, while the Kurdistan Regional Government will cover the financial costs of production and transportation. The federal government will cover the costs of production and transportation for the exported quantity, which have been tentatively estimated at $16 per barrel. The actual cost will then be determined by a foreign consulting firm.

Information obtained by Rudaw indicates that the dispute in the talks between oil companies and the Kurdistan Regional Government is over whether to maintain the $16 per barrel the companies receive for oil production, or whether to change it based on the quality of oil from the fields.

Another dispute is the cost of transporting the oil to the pipeline, given that the fields are located 200 to 300 km away from the pipeline, forcing the oil to be transported in tankers.

The future of contracts and the method of determining the costs of oil produced by companies by a consulting firm are topics that have not yet been finally agreed upon.

“Talks are ongoing to resolve these issues and then deliver the oil,” an oil company official told Rudaw.

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GOVERNMENT ADVISOR: GREAT STABILITY IN THE IRAQI MARKET AND INFLATION FALLING TO LESS THAN 3%

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed that the significant positive interaction in the Iraqi market has had a significant impact on its stability, noting that this success is evident in the decline in annual inflation rates to below 3%.

Saleh told Al Furat News Agency, “This remarkable decline in annual inflation rates indicates that expectations related to the exchange rate are moving toward calm and stability.”

He added, “The parallel currency exchange market has begun to clearly follow the official market, and this trend is expected to continue until the end of this year, based on current economic data.”

This development, according to Saleh, reflects “an improvement in overall economic performance and the success of monetary and government policies aimed at regulating markets and achieving the desired economic stability.”

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

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

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Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

August 7, 2025 Mnt Goat News Brief

Guten Tag everyone:

Today I am bringing you sobering news on many issues. Yes, we are talking SECURITY and STABILITY for Iraq to get us the currency reform. Per CBI and IMF years ago. But its the news and we all should pay attention.

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.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love for YOU with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. I am saying this takes time and is like a third job.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.

 Let’s all try to chip in!

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Matthew 7:11

“If you then, being evil, know how to give good gifts to your children, how much more will your Father who is in heaven give what is good to those who ask Him!”

More news….

REPORTS OF AN IMMINENT ROUND BETWEEN WASHINGTON AND TEHRAN, AND TABNAK SILENTLY DELETES THE NEWS.

Iranian media outlets affiliated with the fundamentalist movement revealed on Tuesday (August 5, 2025) that a new round of indirect negotiations between Iran and the United States is imminent, amid escalating tensions in the region following recent attacks targeting sensitive Iranian facilities.

The Tabnak news agency, affiliated with prominent Iranian regime leader Mohsen Rezaei, reported in a report translated by Baghdad Today that the talks could begin in the second half of August and are likely to begin next week. The location or format of the upcoming round was not disclosed.

The agency quoted informed sources as saying that the negotiations will “likely be indirect” and may include the participation of new international parties, but will not be conducted through the mediation of the Sultanate of Oman, as was the case in previous rounds. Remarkably, Tabnak News Agency deleted the news story minutes after publishing it without providing any explanation, raising questions and speculation about internal pressure or a shift in Iran’s official position regarding the timing of the announcement.

More news….

IRAQ TO RESUME OIL EXPORTS VIA TURKIYE’S CEYHAN PORT

Iraq will resume crude exports through Turkiye’s Ceyhan port within two days, Oil Minister Hayan Abdul-Ghani announced on Wednesday.

At a press conference at the Jambur oil field, Abdul-Ghani confirmed that the Kurdistan Region produces around 230,000 barrels per day (bpd). Of this, approximately 50,000 bpd are consumed locally, while about 80,000 bpd will be transferred to the federal oil ministry for export via Ceyhan.

Crude flows through the pipeline have been halted since March 2023, following a ruling by the International Chamber of Commerce that supported Baghdad’s position requiring federal authorization for all oil exports. The suspension arose from longstanding disagreements between the Iraqi government and the Kurdistan Regional Government (KRG) over export rights and revenue distribution.

Earlier today, the minister arrived in Kirkuk to inaugurate a new wet oil processing facility at the Jambur oil field. Developed in partnership with an Italian firm, the station is designed to handle up to 90,000 bpd.

Abdul-Ghani also outlined plans to increase Kirkuk province’s output from 350,000 bpd to 600,000 bpd. British oil major BP is expected to begin operations in the area within a month. Additionally, the oil ministry is preparing to officially open new facilities for the North Oil Company. The project is led by Italian firm Mandresi, which previously helped raise the Jambur oil field’s output capacity to 90,000 bpd.

STATUS OF THE RV

Today I am bringing you sobering news of an issue that is going to impact the relationship between the US and Iraq. However, the good news on this issue is that it has been lingering for eight (8) years (since 2017) and has to be resolved sometime one way or the other. This is the time. It is now coming to the forefront. Remember a couple things. This is not a new issue but a lingering issue. This news may seem gloomy to us investors but God also sent His prophets to us to warn us that there will be a shaking in the Middle East but at the end there will be prosperity and peace. We must trust in God’s methods and let this play out. Remember that appeasement is never an avenue for peace and only comes back to haunt you later in a vengeance. So, please bear this mind as you read today’s news.

The future of the popular mobilization forces (PMF) in Iraq is a serious issue that the US does not take lightly. I quote from one of the articles from today’s news “We strongly oppose the legislation of the Popular Mobilization Forces (PMF) law, which empowers armed groups linked to Iran and terrorist organizations,” State Department spokeswoman Tammy Bruce said during a press conference in Washington, DC. Why is this issue the VERY important for us investors in the Iraqi dinar right now more so than any other time?  

This substantial increase in the IQD will not happen until the currency of Iraq is once again traded on FOREX and the other global currency exchanges. This is an event that will be a culmination of decades of monetary reforms, events that we have witnessed. But these reforms are now enough unless you have the backing and full support of entities that control the process of the rolling out the dinar and reinstating it.

This event of reinstatement is NOT GOING TO HAPPEN unless the US Treasury gives is approval. I have stated in previous Newsletters that the US Treasury, when pressures by the Iraqi Central Bank (CBI) to reinstate the dinar, it has recently given approval to move ahead with the process but with a list of conditions to the GOI and the CBI. One of these conditions is to remove the PMF from Iraq. This condition is a critical order from the US to Iraq and is the basis of today’s conversation in this Newsletter. This issue has now come at a critical stage in the conversation of diplomacy by the US state department and the Iraqi government.

In today’s news articles there are four articles about this topic. So, you think it is important? Yes, I believe all us investors in the IQD should be paying lots of attention to what is going on in this area. Our eyes should be glued to any news on this topic. I assure you this topic is going to be resolved one way or the other , meaning Iraq will remove the PMF from Iraq (a very tall order) or it will suffer severe sanctions and reprimands of all sorts. The currency reform process is not void of fallout from this issue and does not move forward in a vacuum, as many of these idiot intel gurus want you to believe.

During a press briefing in Washington, D.C., on March 24, Department Spokesperson Tammy Bruce underscored the need for Iraq to ensure all security forces within its borders operate under the command of the Iraqi government rather than foreign influences.

“To strengthen Iraq’s sovereignty, the Government of Iraq must ensure it has command and control of all security forces within its borders, including the PMF,” Bruce stated. “These forces must respond to Iraq’s commander-in-chief and not to Iran.”

Again, to refresh memories, I will briefly explain what the PMF is and why it is currently in Iraq and so dangerous for Iraq. The PMF is made up of Shiite Iranian backed armed soldiers that were a spinoff of Iranian Kud forces under the command of general Qasem Soleimani commander. Nearly tens of thousands of these soldiers infiltrated into Iraq to help oust ISIS in 2014, as ISIS took over entire regions of Iraq. Parliament then passed a law allowing these forces to in Iraq at this time. After ISIS was defeated the naming of these forces changed to “Popular Mobilization Forces” or PMF in order to water-down the fact that Iranian military forces occupied Iraqi soil and make them sound legitimate. This was done by the Coordination Framework political party. We are then talking about 2017 when ISIS was defeated. Remember the US military was also asked to come in Iraq and help and new Status of Forces Agreement has to be reached prior.

This new updated law in parliament is really not a new law perse, but an enhanced law of the past law for the PMF from the 2014 era, only these current changes would now legalize and legitimize the PMF as a part of the Iraqi security forces, but remain under the command of Iran. It would make the PMF an official military institution in Iraq. Yes, it is very weird that Iraq would even consider such a move.

In the article titled “A NEW US THREAT TO IRAQ. THE US STATE DEPARTMENT SAYS THE PASSAGE OF THE POPULAR MOBILIZATION FORCES (PMF) LAW WILL CHANGE THE NATURE OF THE BILATERAL SECURITY PARTNERSHIP WITH BAGHDAD.“ we find that The Iraqi Parliament already passed the first and second readings of the draft Popular Mobilization Forces Law, awaiting a third reading and vote.”

Al-Asadi, a senior figure in the National Approach Bloc (Al-Nahj Al-Watani) within the Shiite Coordination Framework (CF), confirmed that the bill has completed two parliamentary readings and is scheduled for a final vote after the Arbaeen pilgrimage on August 14, describing it as essential to regulating the PMF’s administrative structure.

Any passing of this law would impede the US mission in Iraq and the current Status of Forces Agreement with the US. In short, this new law in dealing with the PMF would legally make Iraq a puppet state of Iran. In the article titled “THE US STATE DEPARTMENT WARNS BAGHDAD: THE POPULAR MOBILIZATION LAW CHANGES THE NATURE OF OUR BILATERAL SECURITY PARTNERSHIP WITH IRAQ.” we learn that according to US secretary of state “Rubio emphasized that any such legislation would entrench Iranian influence and armed terrorist groups, undermining Iraq’s sovereignty.”

In the midst of what we hear about Iran and its nuclear ambitions and Iran’s hatred for the US and Israel, we must understand the strong stance the US has in apposing such a law from Iraq and it’s sovereignty. I find in ironic how Iraq can cry out to the US about infringements on their sovereignty, yet allow Iran militia to legally stay in Iraq to influence future policies. Will this effect out long awaiting RV? How can you possibly believe it won’t?

I quote from the article “The U.S. Department of State has called on the Iraqi government to assert full control over its security forces, warning that the presence of Iran-aligned groups within Iraq’s Popular Mobilization Forces (PMF) threatens the country’s sovereignty and stability.”

We must remember that this issue of the PMF is not new and we can go back to discussions from global think tanks on this issue. Here a few from fie (5) years ago.  

THE FUTURE OF THE POPULAR MOBILIZATION FORCES:

It is August 7^th already and will the Iraqi parliament vote on the PMF law on August 14^th and if they do will it get passed? What will then happen to the PMF if does not and the US has its way? The PMF still must be dealt with, either way. Even if the law does pass I do not believe the US will just stand by and watch Iraq fall to Iran. There will be drastic measures taken.

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Is there any good news for today?

Meanwhile we must remember that in the midst of the political issues facing Iraq the Central Bank is continuing to move ahead and further its preparation for working yet even more closely with the global financial arena. Yes, there are some smiling faces today……

😊In the article titled “CENTRAL BANK GOVERNOR: DEVELOPING THE ELECTRONIC PAYMENT SYSTEM IS A STRATEGIC OPTION IN BUILDING A DIVERSIFIED ECONOMY” we find that the Central Bank conducted a Comprehensive Transformation of Electronic Payments Conference held in Baghdad, His Excellency the Governor of the Central Bank of Iraq, Mr. Al-Alaq, emphasized that the bank has worked to develop electronic payment systems in an integrated and secure manner, including payment and settlement in accordance with the highest international standards and practices.  

😊 In yet another article on this topic titled “CENTRAL BANK GOVERNOR: WE ARE WORKING TO CONSOLIDATE THE ELECTRONIC PAYMENT INFRASTRUCTURE THROUGH FIVE STRATEGIC PROJECTS” we learn that the  Governor of the Central Bank of Iraq, Ali Al-Alaq, announced last Thursday, the development of rules and guidelines supporting the electronic payment system, revealing five major national projects aimed at consolidating the infrastructure for this system, as part of the move towards a comprehensive digital transformation.

Al-Alaq said, during the “Comprehensive Transformation of Electronic Payment” conference, that “digitalization is no longer a luxury option, but rather a strategic necessity for building a modern state and a diversified economy, and achieving transparency in service provision.” He stressed that “Iraq has a historic opportunity to make up for lost time and launch a new vision to combat corruption and stimulate investment.”

 Al-Alaq explained there are five new national initiatives or projects including:

-The Instant Payments System: enables money transfers around the clock and provides a smooth and secure user experience.

-The Unified Government Payments Portal: contributes to facilitating payment procedures and enhancing transparency.

-The National Card Scheme: establishes an independent national system that preserves digital sovereignty and serves the local market.

-Developing the National Operations Department: Enhances the ability to efficiently manage the increasing volume of transactions.

-Regional and international partnerships: Aim to leverage the advanced tools of global payment networks.

I need everyone to realize that these new proposed projects are not holding up the reinstatement of the dinar but is part of a strategy to get in line with global electronic payment systems. The CBI is modernizing society. The reinstatement could have happened without these projects, as we know of the 2012-2013 attempt by Dr Shabibi. However, these projects would also enhance the opportunity for accession to the World Trade Organization and further advance Iraq. Did the WTO specifically ask for these projects? No, but they show the WTO that Iraq is serious about their future trading partners and how they can better work with them.  

😊Also more on this topic in the article titled “DIGITAL TRANSFORMATION IN IRAQ: CONFIDENT STEPS TOWARDS E-GOVERNANCE AND COMBATING CORRUPTION” we learn that Iraq began its serious steps toward e-governance, it is emerging as a strong competitor in various fields, including tracking dinar movements and combating corruption. These steps reflect a clear government will to bring about a digital transformation that strengthens the economy and serves citizens.

Tasnim International News Agency commented that as Iraq has taken steps toward e-governance, it has become a strong competitor in several areas, including tracking the movement of the Iraqi dinar and combating corruption.

Financial and economic expert Dr. Safwan Qusay told Tasnim: It is clear that Al-Sudani’s government has moved towards investing in technology to track the movement of the Iraqi dinar and transactions. A platform has been launched, the “Our Platform,” which works to ensure that all government units provide their services through an integrated system of the internet and intranet.  

Abdul Zahra Al-Hindawi, the official spokesperson for the Ministry of Planning, told Tasnim: “The Iraqi government has a comprehensive approach to digital transformation within its development plans. This issue has been a significant component of the targets of the five-year development plan 2024-2028, as well as within Iraq’s Vision for Sustainable Development 2030.”  Thus, Iraq is “advancing in the global rankings of countries operating in the field of electronic systems and electronic payments”, in steps that have strengthened the government’s capabilities and benefited citizens.

☹This following article is to change the subject matter, Iraqi news has also once again explained why we will NOT see the 2025 budget tables. But there is more insite too to this article and we must listen. I didn’t know whether to put a smiling face or a crying face on this one…..

In the article titled “ECONOMIST: THE MINISTRY OF FINANCE IS CURRENTLY UNABLE TO SUBMIT THE DRAFT BUDGET, AND IDENTIFIES THE REASONS.” I though this was amazing news as the beans are spilled out of the bottle on how experts perceive the US.  

Economic expert Rashid Al-Saadi confirmed that the Iraqi economy faces a number of challenges that hinder its stability, most notably those related to the region, in addition to corruption issues and its connection to the US Federal Reserve.

In this following statement it can not get any clearer that we, as investors, need to stop chasing rainbows and a pot of gold at the end of the rainbow. We must get down to reality and what really happened to the budget. So, here we learn again by Al-Saadi as he tells the Al Furat News Agency that “the Ministry of Finance is currently unable to submit the draft general budget due to the Kurdistan Region’s failure to deliver oil and non-oil revenues,” noting that “approving the budget will allow room for public spending, which will directly impact the well-being of citizens.”

Al-Saadi added, “Corruption represents a major challenge that is eating away at state institutions and cannot be controlled despite the measures taken by the Integrity Commission and the government.” In a related context, he stressed that “Iraq’s connection to the US Federal Reserve represents a major catastrophe, as funds can only be freely used by submitting requests to the bank, which often delays its responses,” asserting that “all of these factors limit and restrict the freedom of the Iraqi economy.”

There is also another topic in our radar I don’t want to miss but will not concentrate on today. This is the issue of the corruption from Kurdistan concerning the oil sales. So far as part of the recent agreements with Baghdad, it has paid the overdue salaries to Kurdistan however no oil has yet flowed through SOMO. There was an ultimatum of 1 week given to the Kurds by the prime minister Al-Sudani to meet their agreement requirements made in the past recent weeks. What will happen if the oil does not flow? All we can do is wait and watch this drama play out. Remember the US has told Iraq they wanted the much-needed constitutional referendum about how to manage the oil in Iraq in a formal law and enforced- the Oil and Gas Law. It has been decades already and still this law is not in place. We all know why as I have gone over this so many times already. This is also another of the conditions the US has openly stated wants completed to fulfill its promises to Iraq, one of which is the final restatement of the dinar.

All we can do now is pray. The prophets told us there is going to be a shaking of the Middle East before it gets better. We see this now in all aspects. No, the RV has not yet happened. There are very few who have access to the QFS and so very few know the actual rate of the IQD as it now stands in the system. Remember they plan to migrate these QFS rates into FOREX slowly, in what they call “baskets”. When will this migration occur? No one is given the date and I don’t believe anyone actually knows the date, since it is dependent of other events occurring satisfactorily first. I have tried to keep my readers abreast of many of these needed issues that need to be resolved first.

Misinformation:

As you know I always try to listen to many of the idiot RV gurus and their intel calls. My goal is to bring TRUTH, HONESTY and CLARITY to this investment. I can spot scammers a mile away. I listened to the main idiot of all idiots calling his site the “Big Call” rather the “Big (stupid) Call” This guy Bruce just told all his listeners, (if he even really has any), that the contract rate was instigated by President Trump recently and is with the US. It may have been reviewed by Trump and now of course brokered by the US Treasury and US banks when we exchange, but I assure you it was with China and brokered by the US way back under President G.W. Bush and not Trump. So where in hell Bruce got mixed up and why I don’t know. Just to clarify for anyone who also listens to his bullshit calls. I really believe he is listening to the wrong sources who seem to have the intelligence of a pre-kindergartener child.

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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 is here. Was He lying to us? Remember that these globalists satanic cult have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end to maintain control over you. If all else fails, they will get more and more desperate to overcome the good trying to rebuild and free our nation.

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

“A POLITICAL RESET WILL RESHAPE THIS NATION”

The prophecy today can be found at the 11:17 minute mark on the video.  From July 19th. 

I am going to leave this one up for awhile because you all need to watch this and listen to it carefully and i mean carefully because this does effect our timing of the RV we are all waiting for. This reset will shape not only the US but Iraq and many other countries.

“A 15-YEAR RETURN AND RECOVERY FROM THE LORD – ANDREW WHALEN”

Could our long awaited RV be part of this recovery? I have recorded an audio part of today’s prophecy for you because I believe this is so relevant to what we, as investors in the Iraqi dinar, have witnessed so far. Didn’t I tell you over and over again that the foreign policy during the Obama years caused our hold up of the reinstatement of the dinar? This reinstatement even God promised to us much earlier than now.

So, take the year 2025 minus 15 years and what do you have? You have right around 2010-2011 when the IMF was making plans with Dr Shabibi and put together the process of how to get the dinar reinstated the quickest and best way for Iraq. Is this coincidental? So, look at Iraq today and all the corruption they had to go through. They told us they could have rebuilt Iraq three times over with all the stolen money.

When in this prophecy today, God says he is going to recover what has been lost and is going to RESET this nation back 15 years, this RV is part of the his reset too. Fifteen  years..WOW! Again reset, reset, reset,,,,, Another sign to us from GOD that this RV is going to happen and it is just around the corner now. Can’t you see the exposure of Obama and all this corruption. Oh… but there is still lots to yet expose and its coming. Michele is a transgender and this is going to come out. I know its hard to believe but be patient. Iraq has overcome all these satanic, dark elements and is prevailing regardless. Again, I have to add that I firmly believe that prime minister Al-Sudani is the Donald Trump for Iraq.

You can watch the full show here: LINK below

A 15-Year Return And Recovery From The Lord – Andrew Whalen

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From God to the PROPHET:  Julie Green

“THE TRUTH IS COMING OUT ABOUT ISRAEL”

You can go to mark 21:23 on the video to start prophecy. Second one from July 27^nd.

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“ARE YOU PREPARED FOR WHAT IS COMING?“

You can go to mark 18:29 on the video to start prophecy. From Aug 1st.

We to stop being distracted on what is going on in the news, and pivot and pay more attention to what He is saying.

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All I can is “God told you so”!

BONDI BOMBSHELL — OBAMA’S NAME IS ON THE “TOP” OF THE LIST FOR RUSSIAGATE

Forwarded to the Grand Jury for review this week.

TRUMP ISSUES FIERY RESPONSE TO TEXAS DEMS: ‘DO YOU NOTICE THIS’

STATE LAUNCHES INVESTIGATION INTO WHO IS FUNDING TEXAS DEMOCRATS’ WALKOUT

THE REAL RUSSIA COLLUSION STORY WITH JOHN SOLOMON: LAID OUT IN SIMPLE TERMS.

TRUMP JUST UNCOVERED A MUCH BIGGER SCANDAL THAN RUSSIAGATE 

As if that could be possible….

DOJ LAUNCHES A GRAND JURY INVESTIGATION INTO RUSSIAGATE CONSPIRACY ALLEGATIONS

The Justice Dept is now taking the next step and moving the Tulsi Gabard evidence along to a Grand Jury which will look at the evidence and then the next step will be taken, if applicable. Yes, this is being elevated and will not go away like so many other crimes against Americans in the past by these crooked politicians.

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TRUMP UNCOVERS A ‘TRILLION DOLLAR’ SCAM LAUNCHED BY BARACK OBAMA 

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THE DURHAM REPORT ANNEX IS FINALLY DECLASSIFIED AND IT IS RELEASED.

What does it tell us?

Stephen Miller, deputy chief of staff, UNLOADS on Dems over Russiagate: ‘One egregious felony after another’.

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JEANINE PIRRO CONFIRMED— HER FIRST BOMBSHELL ORDER PUTS DC ON NOTICE

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THERE’S A MUTINY AT THE FED

It won’t be long before the Trump administration cancels the Fed contract and moves its functions to the US Treasury altogether. By the way…this is where it should have been anyhow for almost century. It’s just taking a strong leader to bring it back from the hands of the private banking cartel. Oh boy… and they surely don’t like that.

A NEW US THREAT TO IRAQ. THE US STATE DEPARTMENT SAYS THE PASSAGE OF THE POPULAR MOBILIZATION FORCES (PMF) LAW WILL CHANGE THE NATURE OF THE BILATERAL SECURITY PARTNERSHIP WITH BAGHDAD. 

On Tuesday evening, the US State Department reiterated Washington’s objection to the Iraqi parliament’s efforts to enact the Popular Mobilization Forces (PMF) law, noting that its passage would alter the nature of the bilateral security partnership with Baghdad.

“We strongly oppose the legislation, which empowers armed groups linked to Iran and terrorist organizations,” State Department spokeswoman Tammy Bruce said during a press conference in Washington, D.C.

The Iraqi Parliament passed the first and second readings of the draft Popular Mobilization Forces Law, awaiting a third reading and vote.

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IRAQ TO VOTE ON PMF LAW IN DAYS DESPITE US PRESSURE

2025-08-07  

Shafaq News – Baghdad

Iraqi lawmakers are preparing to vote within days on the Popular Mobilization Forces (PMF) Authority Law, despite strong US opposition and efforts by some Shiite leaders to postpone the bill to the next parliamentary session, MP Hassan al-Asadi told Shafaq News on Thursday.

Al-Asadi, a senior figure in the National Approach Bloc (Al-Nahj Al-Watani) within the Shiite Coordination Framework (CF), confirmed that the bill has completed two parliamentary readings and is scheduled for a final vote after the Arbaeen pilgrimage on August 14, describing it as essential to regulating the PMF’s administrative structure.

While criticizing external pressure on Iraq’s legislative decisions, he rejected “any interference—whether from the United States or others—particularly in matters concerning the PMF,” which he referred to as an official military institution.

The MP also pointed to a second bill, Iraq’s PMF Service and Retirement Law, which has been returned to the cabinet for amendments and has not yet reached parliament. He clarified that delays surrounding this legislation stem from internal political disputes unrelated to the institution.

Meanwhile, a senior political source told Shafaq News that key disagreements persist within Shiite parties over the PMF’s future structure and leadership. The current draft envisions incorporating the force into Iraq’s formal military hierarchy, with standardized ranks—an approach reportedly facing resistance from powerful factions within the PMF.

“Unless a political agreement is reached, the law may be deferred to the next parliamentary session, though some parties may resort to political bargaining to secure its passage.”

The legislative push comes nearly nine years after Iraq’s parliament first recognized the PMF in 2016 in response to the war against ISIS. That law, while symbolically significant, lacked organizational clarity. The new draft seeks to define the PMF’s role within Iraq’s security architecture as part of a broader reform effort.

Washington, however, has raised repeated objections. On Tuesday, US State Department Spokesperson Tammy Bruce warned that the law would strengthen Iran-aligned groups within the PMF, including several designated as terrorist organizations by the United States—among them Kata’ib Hezbollah, Asa’ib Ahl al-Haq, and Harakat al-Nujaba.

Another Department official told our agency that Washington “strongly opposes any legislation that is inconsistent with the goals of our bilateral security assistance and partnership,” and cautioned that the US would continue taking “appropriate action” against financial entities engaging with sanctioned groups.

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THE US STATE DEPARTMENT WARNS BAGHDAD: THE POPULAR MOBILIZATION LAW CHANGES THE NATURE OF OUR BILATERAL SECURITY PARTNERSHIP WITH IRAQ.

The US State Department confirmed Tuesday evening that Washington opposes the Iraqi parliament’s efforts to enact the Popular Mobilization Forces (PMF) law, noting that its passage would alter the nature of the bilateral security partnership with Baghdad.

“

We strongly oppose the legislation of the Popular Mobilization Forces (PMF) law, which empowers armed groups linked to Iran and terrorist organizations,” State Department spokeswoman Tammy Bruce said during a press conference in Washington, DC, attended by a Shafaq News Agency correspondent.

American researchers warned in a report published by the Washington Institute for Near East Policy that passing the Popular Mobilization Forces law would undermine Iraqi security reforms and provide legal cover for factions operating outside state authority, including groups designated by the United States as “terrorist organizations.”

The report, translated by Shafaq News Agency, called on the US administration to respond through multiple pressure tools, including imposing sanctions on PMF leaders close to Tehran, freezing some aspects of security cooperation with Baghdad, and linking military aid to the level of commitment to security reforms and the principle of state monopoly over arms.

The United States, through its embassy in Baghdad, also reiterated its concern over the passage of the Popular Mobilization Forces Law. An informed political source previously revealed to Shafaq News Agency that the Popular Mobilization Forces (PMF) law, which was scheduled to be voted on during the current parliamentary session, will be postponed due to ongoing disagreements among political forces, particularly within the Shiite component, regarding the PMF’s structure and future role.

The source explained that “the current version of the law aims to integrate the Popular Mobilization Forces (PMF) as an integral part of the official military establishment, with a military leadership that is hierarchically aligned, a position rejected by some influential parties within the PMF.” He added that “political consensus has not yet been achieved, and the principle of mutual benefit and gains may be used to advance the law later.”

This postponement reinforces the statement made by Parliament Speaker Mahmoud al-Mashhadani, who confirmed the US’s explicit rejection of the law’s enactment in its current form.

Political sources also told Shafaq News Agency that “the United States is exerting diplomatic pressure to prevent its passage, fearing it would establish the Popular Mobilization Forces’ independence from the Iraqi army and grant legal legitimacy to factions that Washington considers terrorist groups.”

This proposal is consistent with what was recently revealed in a statement by the US State Department following a call between Secretary Marco Rubio and Iraqi Prime Minister Mohammed Shia al-Sudani, who conveyed the United States’ “deep concern” regarding the Popular Mobilization Forces (PMF) bill currently before the House of Representatives. Rubio emphasized that any such legislation would entrench Iranian influence and armed terrorist groups, undermining Iraq’s sovereignty.

This controversy comes nearly nine years after the Iraqi parliament first passed the Popular Mobilization Forces (PMF) law in November 2016, in response to ISIS’s invasion of Mosul and large swaths of Iraq. However, the previous law lacked organizational details, prompting some parties to push for a comprehensive amendment that would clearly define the PMF’s position within the security apparatus.

It’s worth noting that the Popular Mobilization Forces (PMF) were established by government decree in mid-2014 in response to the “sufficiency jihad” fatwa issued by Grand Ayatollah Ali al-Sistani following the fall of Mosul. Thousands of fighters from Shiite armed factions, some of whom had already been present before the fatwa, poured in.

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COORDINATION FRAMEWORK HARDLINERS INSIST ON THE POPULAR MOBILIZATION LAW AND REJECT WASHINGTON’S PRESSURE.

Amid political divisions within the Coordination Framework and declared US rejection, the tug of war over the Popular Mobilization Forces (PMF) law continues within the halls of parliament. Hassan al-Asadi, a member of the National Approach bloc within the Coordination Framework, revealed on Thursday that there is a move to pass the PMF law after the Arbaeen pilgrimage, despite official US and governmental objections.

This comes amid a “soft coup” within the Coordination Framework, led by leaders of the factions’ wing, regarding Prime Minister Mohammed al-Sudani’s policies. This prompted the leaders of the Hikma Movement and the Victory Coalition to mediate and mend the divisions ahead of the elections.

Al-Asadi, whose bloc represents the Fadhila Party, said in a statement monitored by Al-Alam Al-Jadeed, “The Popular Mobilization Forces law has completed its first and second readings in parliament. It aims to organize the administrative structure of the institution, and is expected to be included on the agenda for a vote after the Arbaeen pilgrimage.”

He added, “We categorically reject any foreign interference in the legislative process, whether by the United States or others, including laws pertaining to the Popular Mobilization Forces, which is an official government military institution subordinate to the Commander-in-Chief of the Armed Forces.”

Al-Asadi explained that “there is another law concerning service and retirement in the Popular Mobilization Forces, which has been returned to the Council of Ministers for amendment, and has not yet reached the House of Representatives.” He indicated that “the delay in the vote is not related to the Popular Mobilization Forces itself, but rather to internal political disputes that have no connection to the institution.”

He pointed out that “there is an intention to vote on the law when it is enacted.”

Earlier on Thursday, informed sources told Al-Alam Al-Jadeed that “signs of division within the Coordination Framework have emerged with the escalation of the tone of anger from Kata’ib Hezbollah against Prime Minister Mohammed Shia al-Sudani, particularly after yesterday’s statement. This prompted the head of the Hikma Movement, Ammar al-Hakim, and the leader of the Victory Coalition, Haider al-Abadi, to seek mediation between the two parties, especially since the rift is widening within the Coordination Framework.”

She added, “Al-Abadi and Al-Hakim intend to hold a separate meeting with the various parties to reach an understanding that will ensure continued ties within the framework until the next elections.”

Kata’ib Hezbollah revealed Wednesday evening that its Secretary-General, Abu Hussein al-Hamidawi, had asked the leaders of the Coordination Framework to “block” the decisions of Federal Prime Minister Mohammed Shia al-Sudani because they had “lost balance.”

This came after Prime Minister Mohammed al-Sudani’s absence from the last Coordination Framework meeting due to a deepening dispute with some of its leaders over two issues: the framework’s leaders’ cover-up of those involved in the Dora incident south of Baghdad, and their insistence on passing the Popular Mobilization Law despite its serious consequences. This was clearly evident in the Hezbollah Brigades’ statement announcing their withdrawal from the “Baghdad Ring” project and handing over their responsibilities to the Popular Mobilization Forces, according to sources for Al-Alam Al-Jadeed.

During his meeting with First Deputy Speaker of Parliament Mohsen al-Mandalawi, the US Chargé d’Affaires in Baghdad, Stephen Fagin, expressed Washington’s concern over the draft law on the Popular Mobilization Forces, arguing that it threatens Iraq’s sovereignty and strengthens Tehran’s influence. The embassy warned that the proposed legislation grants armed groups legal cover that weakens state institutions.

On August 3, the Parliamentary Security and Defense Committee officially announced that the law had been submitted to the parliament’s presidency for inclusion on the agenda. This indicates growing insistence from influential parties, amid warnings of a public explosion or a renewed economic collapse.

During the parliament session last Sunday, which did not include the law on its agenda, the head of the Popular Mobilization Forces (PMF), Faleh al-Fayyadh, called for the necessity of passing the law. He said in a statement received by Al-Alam Al-Jadeed, “The vote on the PMF law is not just a legislative measure, but rather an expression of the people’s gratitude to their fighters.” He stressed that “we are facing a national responsibility, and a matter related to the dignity of those who took up arms in defense of Iraq and its sovereignty.” He emphasized that “the vote on the PMF law is a confirmation of the rights of those who answered the call of the religious authority and wrote with their blood the glory of this nation.”

This comes amid parliamentary speculation that the law will be postponed to the next session due to the internal and external opposition it faces. The parliament’s leadership is also seeking to keep parliamentary sessions free of controversial laws that often disrupt sessions.

Second Deputy Speaker of Parliament Shakhwan Abdullah commented on the Popular Mobilization Forces law during a press conference held on August 2, saying, “There are laws whose name is related to a specific group, but their enactment harms the rest of Iraq. This is a message not only to us, but also to Sunnis and Shiites. Passing this law poses a major threat to Iraq, and the messages of all parties have been clear on this matter. Therefore, the time is not right to enact such a law.”

This comes amid mounting US pressure on the Prime Minister’s government regarding the issue of restricting arms to the state. The Prime Minister asserted, on Saturday, during his attendance at the commemoration of the 1920 Revolution, held in the Al-Kifl district of Babil Governorate, that restricting arms represents a fundamental pillar for building a strong and respected state. He stressed that no party has the right to confiscate this decision, noting that the recommendations and directives of the religious authority are part of the government’s program.

On July 23, the government released a statement about the phone call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio. However, the statement did not clearly address US demands, as revealed by White House spokeswoman Tammy Ross and corroborated by informed sources, who confirmed that messages conveyed by the Secretary of State to al-Sudani included demands to hold accountable those who launched the drone attacks on oil fields, in addition to rejecting the Popular Mobilization Forces law recently discussed by parliament, and the need to integrate its forces into the security services.

It’s worth noting that the Popular Mobilization Forces (PMF) law was included on the agenda of the parliament session held on July 16, but some parliamentary blocs withdrew from the session, disrupting the legal quorum.

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ECONOMIST: THE MINISTRY OF FINANCE IS CURRENTLY UNABLE TO SUBMIT THE DRAFT BUDGET, AND IDENTIFIES THE REASONS.

Economic expert Rashid Al-Saadi confirmed that the Iraqi economy faces a number of challenges that hinder its stability, most notably those related to the region, in addition to corruption issues and its connection to the US Federal Reserve.

Al-Saadi told Al Furat News Agency that “the Ministry of Finance is currently unable to submit the draft general budget due to the Kurdistan Region’s failure to deliver oil and non-oil revenues,” noting that “approving the budget will allow room for public spending, which will directly impact the well-being of citizens.”

Al-Saadi added, “Corruption represents a major challenge that is eating away at state institutions and cannot be controlled despite the measures taken by the Integrity Commission and the government.” In a related context, he stressed that “Iraq’s connection to the US Federal Reserve represents a major catastrophe, as funds can only be freely used by submitting requests to the bank, which often delays its responses,” asserting that “all of these factors limit and restrict the freedom of the Iraqi economy.”

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DIGITAL TRANSFORMATION IN IRAQ: CONFIDENT STEPS TOWARDS E-GOVERNANCE AND COMBATING CORRUPTION

As Iraq began its serious steps toward e-governance, it emerged as a strong competitor in various fields, including tracking dinar movements and combating corruption. These steps reflect a clear government will to bring about a digital transformation that strengthens the economy and serves citizens.

Tasnim International News Agency – As Iraq has taken steps toward e-governance, it has become a strong competitor in several areas, including tracking the movement of the Iraqi dinar and combating corruption.

Financial and economic expert Dr. Safwan Qusay told Tasnim: It is clear that Al-Sudani’s government has moved towards investing in technology to track the movement of the Iraqi dinar and transactions. A platform has been launched, the “Our Platform,” which works to ensure that all government units provide their services through an integrated system of the internet and intranet. This allows us to provide these services without any friction between citizens and employees using technology. This contributes to improving performance and, consequently, the possibility of establishing responsibility centers, whether internally or at the level of units in the private sector. This will contribute to accelerating the globalization of the Iraqi economy, especially as we face a set of challenges in transferring the Iraqi economy to the international environment.

Dr. Mohammed Al-Khazai, Director of the Union Center for Media Training, told Tasnim: The Iraqi government has made relative progress in some aspects of e-government, such as digital tax collection, such as the e-passport, and facilitating citizen transactions. However, it remains below the desired level due to the lack of an integrated infrastructure and the multiplicity of implementing agencies. This has hindered the comprehensive transformation of the digital project, not to mention the large amount of red tape and bureaucracy in paper transactions that continue to burden citizens.

Citizens interviewed by Tasnim News Agency in Baghdad expressed their hope that the culture of electronic payment would spread, contributing to the government’s efforts to strengthen the Iraqi economy. They also expressed their support for any progress the government makes in serving citizens. Some said that electronic transactions have achieved a qualitative leap forward, contributing to the reduction of bribery.

The government, through the Ministry of Planning, indicated that these steps toward digitization, e-governance, and e-payment, which have become widespread in Iraq, mark the beginning of an era in which Iraq will compete with countries in the region, and even the world.

Abdul Zahra Al-Hindawi, the official spokesperson for the Ministry of Planning, told Tasnim: “The Iraqi government has a comprehensive approach to digital transformation within its development plans. This issue has been a significant component of the targets of the five-year development plan 2024-2028, as well as within Iraq’s Vision for Sustainable Development 2030. This is in addition to the focus of the current government’s program and the important measures taken by the state’s various institutions, sectors, and activities in this area.”

Thus, Iraq is advancing in the global rankings of countries operating in the field of electronic systems and electronic payments, in steps that have strengthened the government’s capabilities and benefited citizens.

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CENTRAL BANK GOVERNOR: DEVELOPING THE ELECTRONIC PAYMENT SYSTEM IS A STRATEGIC OPTION IN BUILDING A DIVERSIFIED ECONOMY.

In his speech at the Comprehensive Transformation of Electronic Payments Conference held in Baghdad, His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, emphasized that the bank has worked to develop electronic payment systems in an integrated and secure manner, including payment and settlement in accordance with the highest international standards and practices. He explained that these systems have contributed to enhancing the efficiency and reliability of financial operations and supported the implementation of strategic initiatives in partnership with the government to localize salaries, electronic fortification, and development financing programs.

His Excellency the Governor explained that digital transformation has become a strategic option in building a modern state, a diversified economy, and transparent government services. International experiences have proven that digitization is not a luxury, but rather a key driver of sustainable development, improving the work environment, empowering youth, and developing vital sectors.

His Excellency the Governor emphasized that Iraq faces a historic opportunity to embark on a clear vision towards an economy capable of facing challenges, combating corruption, and creating an attractive investment environment. These systems have contributed to enhancing the efficiency and reliability of financial operations and supported the implementation of strategic initiatives in partnership with the government to localize salaries, electronic fortification, and development financing programs.

The Governor indicated that the Central Bank is working, as part of its plan, to consolidate the electronic payment infrastructure by implementing several national projects, such as the instant payments system, which allows for 24/7 financial transfers and provides a smoother user experience; the unified payment gateway for government entities, which facilitates payment procedures, reduces manipulation, and increases trust; and
the national card scheme, which builds an independent national system that preserves digital sovereignty, reduces reliance on external systems, and opens the door to products that suit the local market. 

* Fourth – Developing the national switchboard to support the significant increase in transaction volume and ensure the speed and stability of operations within a secure environment, in addition to establishing partnerships with regional and international institutions and deepening cooperation with global payment networks to benefit from their advanced tools. 

His Excellency added that an in-depth study is underway to regulate dealing in crypto-assets, taking into account challenges, risks, and opportunities, ensuring financial stability requirements, and strengthening fraud systems and combating money laundering and terrorist financing.

The Governor called on the media and educational institutions to launch awareness programs that highlight the advantages of electronic payments and the risks of dealing outside the official framework, in order to build an integrated system characterized by efficiency and transparency, placing Iraq among the ranks of developed countries. He pointed out that the success of this transformation is not achieved through infrastructure alone, but rather requires a real partnership between various relevant parties, including government agencies, the banking sector, technology companies, and civil society organizations. He also noted that raising community awareness of electronic payments and overcoming fears constitutes an essential element in building trust among the beneficiary parties.

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CENTRAL BANK GOVERNOR: WE ARE WORKING TO CONSOLIDATE THE ELECTRONIC PAYMENT INFRASTRUCTURE THROUGH FIVE STRATEGIC PROJECTS.

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Thursday, the development of rules and guidelines supporting the electronic payment system, revealing five major national projects aimed at consolidating the infrastructure for this system, as part of the move towards comprehensive digital transformation.

Al-Alaq said, during the “Comprehensive Transformation of Electronic Payment” conference, that “digitalization is no longer a luxury option, but rather a strategic necessity for building a modern state and a diversified economy, and achieving transparency in service provision.” He stressed that “Iraq has a historic opportunity to make up for lost time and launch a new vision to combat corruption and stimulate investment.”

He explained that the Central Bank is working to develop an integrated and secure payment system that meets the highest international standards and enhances the efficiency of financial transactions, in cooperation with the government and within national initiatives that include salary localization, electronic immunization, and development financing programs. Al-Alaq explained that the five main projects are:

-The Instant Payments System: enables money transfers around the clock and provides a smooth and secure user experience.

-The Unified Government Payments Portal: contributes to facilitating payment procedures and enhancing transparency.

-The National Card Scheme: establishes an independent national system that preserves digital sovereignty and serves the local market.

-Developing the National Operations Department: Enhances the ability to efficiently manage the increasing volume of transactions.

-Regional and international partnerships: Aim to leverage the advanced tools of global payment networks.

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

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

ABOUT THE NEWSLETTER:

August 5, 2025 Mnt Goat News Brief

Guten Tag everyone:

Welcome to August, one step closer to the fall. I mean this in many ways…..I have some news for you today – “Our day will come”.

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.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love for YOU with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. I am saying this takes time and is like a third job.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.

 Let’s all try to chip in!

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Matthew 7:11

“If you then, being evil, know how to give good gifts to your children, how much more will your Father who is in heaven give what is good to those who ask Him!”

STATUS OF THE RV

There are no great revelations, RV or other news for today, sorry! However, what we have is all still very good news and showing Iraq is still moving in the right direction.

Welcome to August 2025. Well, well all you TNT Tony idiotic, gullible, puppets. How do like your RV last weekend or maybe its this week?….lol… lol… lol… Oh.. at the bank by Wednesday? Yes, I do like making fun of this site since it is all totally nonsense and fake news.

Yes, my hubby and I sit down and read through the comments in their chat room. We laugh and laugh. Actually, its quite hilarious but sad too that people can be so stupid! ☹ It amazes me just how gullible so many are. I swear these idiots live in their chat room waiting any minute for the RV to happen. They know very little, if anything about what is really happening in Iraq and why. But TNT is not alone as there has sprung up countless other idiots making a buck off their headlines.  

So, let us get to the real news of today, okay?

I can’t help that the news today is not all amazing news. I sincerely wish I had better news for us. But the news is all good and Iraq is still aggressively fighting that uphill battle to regain its full sovereignty and financial independence. However, as long as they use the dollar and the dinar is pegged solely to the dollar, they will be closely monitored and manipulated by the US Treasury and Federal Reserve because the US still has a high stake in their economy and the need for the petro-dollar for speculation and the demand for it to boost its failing fiat US dollar and its massive associated debt. Please keep in mind that the US dollar is still the world’s reserve currency. What does this mean?

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Define World’s Reserve Currency: The world’s reserve currency refers to a currency that is held in significant quantities by central banks and major financial institutions for international transactions. It is used to settle international debt obligations and is often the currency in which commodities like oil and gold are priced, encouraging other nations to hold it for trade. The most widely recognized reserve currency is the U.S. dollar, which provides stability and acceptance in global markets.

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Again, we must realize what the US is doing. It is using the oil from Iraq to back the US dollar. Get it? Did you read the definition of a World’s Reserve Currency above? As long as Iraq is on the petro-dollar and it is the sole peg for the dinar, this will continue. When will it end? Let’s explore this today.

In recent weeks the CBI has come out with so much news about finally being able to control the dollar in Iraq by controlling the parallel market. Why is this so important?

We know that the CBI has told us there is going to be one more “official” rate change after the 1320 then conduct the Project to Delete the Zeros once this control of the parallel market is accomplished. My contact in the CBI then told me they thought that maybe the parallel market could reach the official rate by the end of last week. Did it? We still wait for the news to come. I will ask this question in my normal Weds call to my CBI contact in Iraq.

We also need to remember that the Project to Delete the Zeros is a focal point for the rest of the process going forward to make it to the reinstatement of the dinar back to FOREX, with a rate was as investors want.

Are the issues with Kurdistan causing delays?

Of course, these issues in Kurdistan are causing delays in many areas, including the progress in the monetary reform of the dinar. The dinar is pegged to the US dollar and oil is sold from Iraq solely in remittances in US dollars. Bear in mind that even with the disputes ongoing with the salaries vs oil, the oil still is flowing from Kurdistan and the GOI is collecting revenues enough to pay the salaries.  

In the article titled “THE KURDISTAN REGIONAL GOVERNMENT (KRG) HAS BEGUN PREPARATIONS TO HAND OVER OIL TO SOMO”, the Kurdistan Regional Government (KRG) has begun preparations to hand over oil to SOMO and foreign companies have returned to the oil fields. This is part of the Kurds abiding by their recent agreements to deliver oil accordingly in return for the salaries. Again, I will add that the Oil and Gas Law would prevent such ongoing disputes in the first place between these governments and so they know it now too as they told us in their news last week. This shows us that resolving this requirement in the constitution and getting this law passed is a high priority now.

For all you brain-dead people please take at one more article titled “2025 ENDS… PARLIAMENT CALLS ON SUDAN TO PREPARE A 2026 BUDGET” on this intel guru nonsense of waiting for the 2025 budget schedules to come out for your RV announcement. What does the article tell us today, as we read others too last week telling FACTUAL news that the 2025 budget is all but killed due to the drop in oil prices.

😊 Okay, so many still don’t believe me there will be no budget tables under Article 12 or anything else for 2025. Let’s all nix this idea the these tables are going to bring us the RV timing of the event. Just remember how many times I said “I told you so”. Will you finally believe me now? Take a look at yet more recent articles again reinforcing what I have been saying. What do they say? They are titled “2025 BUDGETS ARE IN JEOPARDY. PARLIAMENTARIANS DEMAND THAT THE GOVERNMENT BEGIN PREPARING THE 2026 BUDGET” and “2025 ENDS… PARLIAMENT CALLS ON SUDAN TO PREPARE A 2026 BUDGET”.

The Parliamentary Finance Committee confirmed on Friday (again) that the government’s delay in submitting the 2025 budget schedules to Parliament for approval constitutes a legal violation. While anticipating that the schedules will not be submitted soon, the committee called on the government to begin preparing a draft 2026 budget law.

Yes, we all should realize that and I quote from the article-  “The government’s delay in submitting the 2025 budget schedules is a legal violation, as funding and disbursements since the beginning of the year and continuing until now are problematic, given that the Triennial Budget Law No. 13 of 2023 obligated the government to submit budget schedules that are approved annually, as happened in 2024.” But if you can’t pay for the projects then why even go down the road of publishing budget project schedules that you will not be delivering on in that year. Get it?

Therefore, as Al-Kadhimi adds (or is stubbornly saying without really thinking of all the facts), “The government should have submitted the 2025 budget schedules before the end of 2024, but it was delayed. (Yes, we know, but why the delay, he forgets to tell you is there is no money for these. There is no money because of the drop in oil prices and the govt decided NOT to go out and borrow it) Recently, the Prime Minister’s Office issued a directive to the Ministry of Finance to postpone the 2025 budget schedules and prepare for the 2026 budget.” (Oh… so now we see the TRUTH again. There will be no 2025 budget tables, get it?).

😊Then how about the third article on this topic of budget tables titled “OIL IS NOT ANOTHER REASON DELAYING THE SUBMISSION OF BUDGET TABLES TO PARLIAMENT, AND A WARNING AGAINST ENTERING 2026 WITHOUT THEM.”

The cabinet will simply rollover these projects in the 2025 budget to the 2026 budget and they have done this many times already. This is NOT a crisis, as the author wants us to believe. It is a foolish article and just an “opinion” of an economist.

So, let’s please all move on off this topic of these budget tables and how the RV rate is in them and going to come out when the tables are published…. Yes, all the intel gurus out there will have to find some other foolishness to chase for your foolish intel. This event has dried up on your list of events to use.

The growing China influence over Iraq:

The US has been very clear that they do not want China influence to dominate in Iraq.

The US has too much already invested in Iraq to let future opportunities go to China. During the next couple years is when we expect to see Iraq really explode once this Development Road initiative takes off. China and the US both want a strong foothold in the county when this happens. In the news today we read about a new China initiative that I am definitely sure the US is not going to like. It is in article titled “CHINA PETROLEUM ENGINEERING WINS BID FOR MASSIVE OFFSHORE PIPELINE PROJECT IN IRAQ”. In the article it talks about theChina Petroleum Engineering Corporation (CPEC), a subsidiary of the China National Petroleum Corporation (CNPC), announced it has won a bid for a major offshore pipeline project in Iraq. The project is expected to be worth approximately $2.5 billion. “This project represents an important step towards strengthening Iraq’s oil export infrastructure, particularly its offshore component, which will contribute to increasing the country’s capacity to pump and export crude oil.” But where are the US companies? Why are they not more aggressive?

According to economic websites, a Chinese company’s winning of this massive bid confirms the growing role of Chinese companies in the global oil and energy sector, particularly in the Middle East and Iraq.

This pipeline could also contribute to increasing Iraq’s oil export revenues, which is vital for the country’s economy, which is heavily dependent on oil revenues. This project is another example of the growing economic cooperation between Iraq and China. 

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We also hear about an Iranian project to Delete four Zeros from the riyal in article titled “FROM TEHRAN TO BAGHDAD… WILL “REMOVING ZEROS” BECOME A POLICY TO CONCEAL STRUCTURAL DEFICITS?” I need to address this effort because there are a few  articles out in the news that may be confusing. It would not be a good thing to compare this Iranian project to delete their zeros with the Iraqi future project to delete its zeros. This would be like comparing apples to oranges. It just would not be fair. So, let’s take a deep dive into this article and explain why I am saying this.

Could this model for Iran apply to Iraq? 

The short answer is NO and here is why:

-1 Iran has had massive hyperinflation caused by sanctions due to their ongoing nuclear efforts and terrorism. Iraq has about a 1% inflation rate and is able to control inflation. Iraq has no UN sanctions. Iraq’s three zero notes are actually now causing more of a headache than any real benefit. Unlike in Iran where the larger notes were a necessity to combat ongoing hyperinflation, in Iraq the larger notes were an intentional manipulation of the currency as said a temporary preventative measure against hyperinflation that never happened. Also they claim against terrorism as a preventive measure but we can see how this backfired and actually supported massive corruption.

-2 Iran is not attempting to carry out a long-term plan to normalize their currency like in Iraq as it had a conscious plan to “temporarily” manipulate it and then someday just turn it back on. Iran is desperate to “reimage” their currency due to their hyperinflation.

-3 The riyal is not solely backed by the petro-dollar and Iran can negotiate with any country to pay in remittances for their oil in any global currency. The US now tries to control the riyal through sanctions which is really the only way they can control it.  

-4 By the Economic Committee of the Iranian Shura Council approving a draft law to remove four zeros from the riyal, this move suggests a technical effort to address a structural crisis rather than a genuine economic breakthrough such as a major revaluation in value. Whereas, the project to delete the three zeros for Iraq would be a major revaluation and more of an economic breakthrough resulting from their diversification of their economy away from the rentier oil driven economy. Now everyone must remember that this plan to diversify Iraq first, prior to the project to delete the zeros, is a change in the original plan that did not call for this diversification off the oil-based economy as the original plan for Iraq did call for a revaluation back to a nominal value reflecting a revalued rate of the oil and current assets of 2012, not future assets. However the policy changed under Obama for Iraq and so it also changed for Iran. So, there is also a foreign policy in dealing with Iran too and it includes manipulation using sanctions and not a war to instigate these changes, as they did with Iraq.

We can now see for Iraq their major breakthrough is just around the corner, as the government has planned major increases in revenue streams to diversify outside of the oil economy. Iran, on the other hand, has made no such plans to diversify and may not need to. The problem with Iran’s economy is their government. They are not coming out of a major war. Their infrastructure has not been destroyed. Any sanctions depressing the economy is solely based from past Iranian government policies. If they can move from a “terrorist”, military driven country to a normal peaceful country with the proper leadership we could see the riyal turn around quickly. So, remember there is great potential for Iran and they do generate many products and revenue streams unlike with Iraq that is still rebuilding from the wars. In fact this situation with Iran now is only causing a cutoff of major partners, like Iraq and others, for much of their foreign trade. Iran can currently out produce Iraq, if they were under normal circumstances. The difference between the Iranian and Iraqi economies lies in the government’s policies to drive the economy and the use of what revenues they do generate.

-5 For Iran, this recent move to delete the zeros they claim is a monetary solution to the riyal however it has become nothing more than “a political facades, tampering with the digital form of currency and it will be an expression of a deep dilemma at the core of public policy.”

-6 For Iran, it’s no secret that this proposed amendment for the currency comes in the context of intense economic pressure since Washington’s withdrawal from the nuclear agreement in 2018 and the subsequent “maximum pressure” policies. With the dollar on the black market reaching 925,000 riyals, it appears the state is trying to restore the currency’s image, not its actual value. 

-7 This recalls the concepts of hyperinflation and revaluation, which some countries resort to as short-term palliatives in the absence of structural reforms.

Behind this decision lies a political desire to redefine the relationship between state and citizen by “simplifying” financial codes, as the Economic Committee spokesperson indicated when he said the goal is to “simplify transactions and institutional scrutiny.” However, this simplification conceals a greater complexity: a collapse of trust, a spectacle of decline, and a state of structural denial.

So, could this model apply to Iraq? It could be said that “the data is different in form, but similar in content. Iraq, too, suffers from an excessively rentier economy, a parallel currency market, and a lack of transparency in reserve management. If political crises and financial corruption persist, the option of “removing zeros” may one day be presented not as a monetary option, but rather as a symbolic cover to evade the demands of genuine reform.”  Personally, I do not believe this would occur as there are plans for the Iraqi dinar to play a major role in a basket of currencies to help shore up many other currencies and to level out the playing field, as President Trump has said will happen, sooner than we all think. Many of these issue with Iran are being addressed in Iraq. We read articles every week about the measures the Central Bank and the Iraq Government are taking to counter them.

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So, there is really not much more relevant news this period to report. The optimal word is “relevant”. There is a ton of news from Iraq but it does not closely address our efforts of what we are looking for.

The RV saga continues with the hope of seeing the parallel market come in line with the CBI “official” rate of the dinar very soon, maybe this week even. When you sit down and really think about what the CBI is doing this is one of the last high level financial reforms needed. We have also heard so much talk about a 1:1, Dinar : US Dollar rate coming out in order to conduct the Project to Delete the Zeros. Well folks….what the hell do you think a parallel market rate of 1320 vs a CBI “official” rate of 1320 for the dinar is? It is essentially a 1:1 rate / 1320 : 1320. Get it? But the questions arises if the CBI must then hold this rate for the 90 days or not, as required by the IMF. Bottom line is that if they have to hold it for 90 days then we will be sitting here for another 90 days. What else can I say? I do not make up the rules.

Also I want to remind everyone that there is a “reset” coming and we have been told that Iraq will be part of this reset and the dinar used as part of it. It is much more than just a currency reset. The US is now working towards a complete financial overall. We will see some amazing, almost unbelievable, things begin to happen. I do not contribute this remake of the financial structure to some NASARA bullshit these intel gurus keep mentioning. Again they always have to have an event to use to scam you. No, instead this restructuring is going to be the result of hard work of many very patriotic, conservative politicians and dedicated people who simply Luv the US and what it stands for.

We will see the Gold standard again and the US fiat dollar will be crushed. This is when and only when, Iraq will get off the sole peg and to a new basket of weighted currencies for their new peg. Then come the reinstatement.

They IMF has told us in 2012 this was coming. To be successful the US will also have to do something not only to stop the overspending but to draw down the existing national debt significantly. Does this have to happen prior to the Iraq dinar RV? Well I just also told you that the fiat currency has to go bye-bye and so how can they do this  when the US not relies on the petro-dollar to back the fiat US dollar. So, you see it all interconnected and there is a plan in motion. We have to all just give it a bit of time and let it progress. In the meantime and coinciding we will witness unprecedented arrest and convictions from all the corruption of the past US administrations.

I get a kick out of the democrat party when they came before congress to criticized the Big Beautiful Bill (BBB) of the Trump administration. They grandstanded in front of the TV cameras to bash the bill because it would add initial deficit spending which means adding to the national debt (but later actually reducing the national debt when other programs kick in). However, under the Biden administration and Pelosi spending spree, they gladly signed on to nearly 4 trillion in totally unnecessary spending (remember the Inflation Reduction Act and Infrastructure Act) that we find today was just throwing money at yet more corruption and opportunities for corruption. You can’t always solve problems by throwing money at them.

So, for them it is all about perception and grandstanding on the live TV and we know they are NOT serious about solving the deficit only staying in power.

I am telling you this about the democrat party because many of you still worship Barrack Obama and his unofficial third term under Biden as president. Even after the corruption of his administration, Russian Gate not to mention the four years of “The Bidens”. So, think about this and why I bring this up.

Could we have seen the RV that much sooner if this corruption had not taken place and maybe president Trump had his second term much earlier? Just saying, as many seem to forget the FACTS and concentrate too much on hatred and personalities, rather than on what’s good for the nation as a whole and maybe our investment in the dinar too. Folks, the TRUTH is coming out about this guy named Barrack Obama and you better be ready for it.  

Let’s please keep praying and asking God to deliver Iraq from the stronghold of the deep state and President Trump can fix the US economy and the fiat US dollar to go with it. Let’s concentrate more on the politics and the rest will come to us for this is how it’s all going to work out. There are no secret RV meetings at the banks, or exchange centers open on the weekends, or bank memos telling of an impending RV this weekend. Get it? It is all just scams. We can’t separate the spiritual from the physical worlds as they work so closely together. This is how we get to the TRUTH. Are you ready to follow this journey with me?

ARE YOU PREPARED FOR WHAT IS COMING?

Q & A

From: clayrich6a2b498e66: Hi again, I was wondering if you would cover this statement from this newsletter more in depth. “Get ready for a major “official” rate change, the second one we were told would happen prior to the Project to Delete the Zeros.”

Answer: Mnt Goat: Thank you for the question. However, I have covered this many times already. We must try to remember what is said in the past and how it relates to what we are now hearing. I have said many times (more than I care to think of) that, when the CBI revalued to 1320 as the official rate, my contact in the CBI told me they would undergo one more rate change then move to conduct the Project to Delete the Zeros. The next rate change could not happen until they got the parallel market under control and close to if not at the official rate. This has been their struggle and delay in moving to conduct the project. I am not saying there may also not be other issues too, so let’s get real. This was only the CBI talking not the US Treasury or the State Dept.

I was then told that the next rate change would be productive in two ways: 1. It would drive in the stashes of dinar and dollars into the banks needed for liquidity; 2.It would finally redenominate back to the lower denominations. The key was the word is “back”, meaning this process is NOT being done because of hyper inflation but rather a planned process to ramp down from the sanctions mode and back to currency and financial normalcy.

I hope this helps.

From Mike Alpha: If I’m not mistaken, the IMF requires that they have to wait 2 months after changing the rate.

Answer: Mnt Goat: Guten Tag Mike., Yes you are correct but it is 90 days not 60 days. That is what the IMF has told the public is their policy. But the important part you seem to forget is WHY the IMF has this policy. They have the policy to monitor for inflation after the rate change. What is and has been the inflation rate for Iraq all along? It is the lowest of any country in the middle east, about only 1%. I was also told that there would be a “period” to check for inflation after the rate change. The CBI did not feel like 90 days would be necessary, at least that is what I got out of the conversation years ago.

I hope this helps.

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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 is here. Was He lying to us? Remember that these globalists satanic cult have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end to maintain control over you. If all else fails, they will get more and more desperate to overcome the good trying to rebuild and free our nation.

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

“A POLITICAL RESET WILL RESHAPE THIS NATION”

The prophecy today can be found at the 11:17 minute mark on the video.  From July 19th. 

I am going to leave this one up for awhile because you all need to watch this and listen to it carefully and i mean carefully because this does effect our timing of the RV we are all waiting for. This reset will shape not only the US but Iraq and many other countries.

“A 15-YEAR RETURN AND RECOVERY FROM THE LORD – ANDREW WHALEN”

Could our long awaited RV be part of this recovery? I have recorded an audio part of today’s prophecy for you because I believe this is so relevant to what we, as investors in the Iraqi dinar, have witnessed so far. Didn’t I tell you over and over again that the foreign policy during the Obama years caused our hold up of the reinstatement of the dinar? This reinstatement even God promised to us much earlier than now.

So, take the year 2025 minus 15 years and what do you have? You have right around 2010-2011 when the IMF was making plans with Dr Shabibi and put together the process of how to get the dinar reinstated the quickest and best way for Iraq. Is this coincidental? So, look at Iraq today and all the corruption they had to go through. They told us they could have rebuilt Iraq three times over with all the stolen money.

When in this prophecy today, God says he is going to recover what has been lost and is going to RESET this nation back 15 years, this RV is part of the his reset too. Fifteen  years..WOW! Again reset, reset, reset,,,,, Another sign to us from GOD that this RV is going to happen and it is just around the corner now. Can’t you see the exposure of Obama and all this corruption. Oh… but there is still lots to yet expose and its coming. Michele is a transgender and this is going to come out. I know its hard to believe but be patient. Iraq has overcome all these satanic, dark elements and is prevailing regardless. Again, I have to add that I firmly believe that prime minister Al-Sudani is the Donald Trump for Iraq.

You can watch the full show here: LINK below

A 15-Year Return And Recovery From The Lord – Andrew Whalen

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From God to the PROPHET:  Julie Green

“THE TRUTH IS COMING OUT ABOUT ISRAEL”

You can go to mark 21:23 on the video to start prophecy. Second one from July 27^nd.

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“ARE YOU PREPARED FOR WHAT IS COMING?“

You can go to mark 18:29 on the video to start prophecy. From Aug 1st.

We to stop being distracted on what is going on in the news, and pivot and pay more attention to what He is saying.

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All I can is “God told you so”!

DOJ LAUNCHES A GRAND JURY INVESTIGATION INTO RUSSIAGATE CONSPIRACY ALLEGATIONS

The Justice Dept is now taking the next step and moving the Tulsi Gabard evidence along to a Grand Jury which will look at the evidence and then the next step will be taken, if applicable. Yes, this is being elevated and will not go away like so many other crimes against Americans in the past by these crooked politicians.

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TRUMP UNCOVERS A ‘TRILLION DOLLAR’ SCAM LAUNCHED BY BARACK OBAMA 

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THE DURHAM REPORT ANNEX IS FINALLY DECLASSIFIED AND IT IS RELEASED.

What does it tell us?

Stephen Miller, deputy chief of staff, UNLOADS on Dems over Russiagate: ‘One egregious felony after another’.

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JEANINE PIRRO CONFIRMED— HER FIRST BOMBSHELL ORDER PUTS DC ON NOTICE

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THERE’S A MUTINY AT THE FED

It won’t be long before the Trump administration cancels the Fed contract and moves its functions to the US Treasury altogether. By the way…this is where it should have been anyhow for almost century. It’s just taking a strong leader to bring it back from the hands of the private banking cartel. Oh boy… and they surely don’t like that.

DECLASSIFIED: NEW BOMBSHELL ON ‘RUSSIAGATE’ DROPS. FBI PLAYS MAJOR ROLE IN DECEPTION

IT WILL BE SOON REVEALED WHO WAS BEHIND THE COCAINE FOUND IN BIDEN’S WHITE HOUSE 

TULSI GABBARD: OBAMA COULD BE PROSECUTED FOR TREASON.

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THE ‘BIGGEST SCANDAL’ IN AMERICAN POLITICS

Next the news moves on to, yet another scandal being exposed. This one is going to ultimately expose that the real Biden was not even sworn in as president. Who was really running the Whitehouse for the last administration? I believe this will also be connected to Barrack Obama. He is going to get deep in mud over his head.

IRAQI DINAR NEARS OFFICIAL RATE AS MARKET STABILIZES

Iraq’s national currency, the dinar, is showing strong signs of recovery, with the market rate steadily approaching the official exchange rate of 1,320 IQD to the US dollar. After a turbulent period of volatility and speculation, this shift signals something deeper than a temporary market correction – it’s the product of deliberate government action, changing trade behaviors, and a structural shift in how Iraqis interact with money.

FROM CHAOS TO COORDINATION

Until recently, the dinar’s value on the street was largely dictated by informal market players who thrived on gaps between official and parallel exchange rates. But over the past year, the Iraqi government has launched a wide-ranging campaign to take back control by tightening regulation, changing how dollars are accessed, and nudging both businesses and individuals toward official channels.

The government’s decision to ban US dollar transactions for local high-value purchases, especially in real estate and luxury goods, has played a major role in restoring demand for the dinar. Meanwhile, businesses that once relied on the Central Bank’s daily auctions are now required to process foreign payments through correspondent banks, reducing the space for dollar hoarding and speculative arbitrage.

“Speculation is being replaced by structure,” said Mazhar Mohammed Salih, financial advisor to the Iraqi prime minister. “The state has finally begun to set the rules, and the market is responding.”

A NEW FLOW OF DOLLARS

Beyond regulatory shifts, Iraq’s economy is also undergoing subtle but important changes in how foreign currency flows in and out. The government has started compensating some international contractors in crude oil rather than cash. These companies then sell the oil on global markets and bring the dollars back into Iraq through their own channels – providing the economy with a fresh, non-Central Bank supply of hard currency.

At the same time, Iraq’s role as a re-export hub – once a key driver of black-market demand for dollars – has sharply declined. Stricter oversight at borders and more formal trade practices have undercut the once-lucrative business of reselling goods to countries like Iran, Syria, and Turkey through backdoor channels.

As demand for cash dollars softens, the gap between the official and street rate is closing. And that gap, which for months symbolized inefficiency and mistrust, is now rapidly shrinking.

“There has been a clear shift in behavior,” said Manar al-Obaidi, head of investment firm FFC. “Dollar demand is down, and confidence in the system is creeping back.”

STRUCTURAL OVERHAUL MEETS ECONOMIC COOLDOWN

The current trend is also rooted in longer-term structural changes. Iraq’s economy is gradually becoming more formal. Small traders are getting easier access to official currency rates, electronic payments are on the rise, and retail imports are being managed through cooperatives that use the official rate.

At the same time, Iraq is seeing a slowdown in public spending on infrastructure and large projects – partly a result of fluctuating oil revenues. With fewer imports flooding in, the overall demand for dollars has naturally declined.

“The fundamentals are shifting,” said economist Ahmed Tabaqchali. “There’s a mix of reform and slowdown happening together, and both are cooling the pressure on the currency.”

THE ROAD AHEAD

Iraq’s challenge has never been about a lack of resources. With healthy foreign reserves and oil exports still strong, the question has always been whether those resources could be managed transparently and strategically.

Now, for the first time in years, there’s momentum toward that goal. The dinar’s recovery is not just a technical market win – it’s a reflection of rising trust in the state’s ability to regulate and stabilize. Whether this trajectory holds will depend on consistent enforcement, sustained reforms, and the government’s ability to shield its progress from political turbulence.

But for now, the message from the market is clear: the dinar is no longer drifting – it’s being steered.

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OIL IS NOT ANOTHER REASON DELAYING THE SUBMISSION OF BUDGET TABLES TO PARLIAMENT, AND A WARNING AGAINST ENTERING 2026 WITHOUT THEM.

(They simply will rollover these projects to the 2026 budget and they have done this many times already. This in NOT a crisis, as the author wants us to believe. It is a foolish article and just an “opinion”)

Economic expert Safwan Qusay revealed non-oil reasons behind the delay in submitting the budget schedules to parliament, warning of the repercussions of entering 2026 without actual approval, which could disrupt public spending and impact economic stability.

Qusay told Al Furat News: “The delay in sending it is not only related to fluctuating oil prices, but also to a government attempt to audit the numbers of employees, retirees, and those covered by welfare and the ration card, which may reveal exaggerations and inaccurate funding in some items over the past years.”

He added, “Financial and economic stability requires sustaining spending rates at levels similar to those recorded in the 2024 budget, which amounted to approximately 360 trillion dinars,” noting that “a decline in public spending could lead to an economic contraction, particularly in items related to new projects and job opportunities.”

Qusay explained that “the government continues to spend on salaries, pensions, welfare, and the food basket, as these are governed by laws. However, investment agreements and development projects require financial schedules to ensure sustainable funding and reduce unemployment rates.”

He pointed out that “budget tables represent an important reference for the private sector, which relies on them to plan imports and investments,” noting that “the absence of these tables will lead to economic confusion, requiring urgent intervention from Parliament to avoid entering the next year without a legal basis for spending.”

In a related context, Qusay noted that “oil prices during the first half of 2025 reached approximately $70 per barrel,” stressing that “the future outlook for the markets indicates the possibility of prices rising due to increased demand from China and the United States and improved understandings between the European Union and the United States, which could push the price to $73.”

Regarding production policy, the expert concluded by saying, “The Ministry of Oil is determined to increase production capacity to nearly 6.5 million barrels per day over the coming years, while Iraq’s OPEC quota is gradually increasing by 50,000 barrels per month in preparation for returning to the production capacity approved in November 2023.”

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2025 BUDGETS ARE IN JEOPARDY. PARLIAMENTARIANS DEMAND THAT THE GOVERNMENT BEGIN PREPARING THE 2026 BUDGET.

(Mnt Goat: I don’t want anymore doubts from anyone on what I tell you. It is FACTUAL and UPTODATE and WELL RESEARCHED. All I can say to anyone still following this budget table Article 12 nonsense for the RV is this – GOOD LUCK WITH THAT! 😊 Its your time and stress all for nothing. I told you this almost a year ago. So this is yet more proof. What the hell more do you want? Come ‘on snap out of this intel guru bullshit and let’s talk reality.)

The Parliamentary Finance Committee appears to have reached a firm conclusion that the government will not submit the 2025 budget schedules for a vote.

(Mnt Goat: Oh gee whiz…… I told you so!)

Committee member Moeen Al-Kadhimi said in an interview followed by ( IQ ), “A directive was issued from the Prime Minister’s Office to the Ministry of Finance to be patient regarding the 2025 budget schedules, and to prepare for the 2026 budget.”

Al-Kadhimi ruled out approving the 2025 budget schedules, saying, “The government only has five months left in its term, and it must begin preparing the 2026 budget.”

He pointed out that “the funding of employee and retiree salaries, social care, and operating and investment expenses will continue, according to the state treasury’s resources.”

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CHINA PETROLEUM ENGINEERING WINS BID FOR MASSIVE OFFSHORE PIPELINE PROJECT IN IRAQ

China Petroleum Engineering Corporation (CPEC), a subsidiary of the China National Petroleum Corporation (CNPC), announced it has won a bid for a major offshore pipeline project in Iraq. The project is expected to be worth approximately $2.5 billion.

This project represents an important step towards strengthening Iraq’s oil export infrastructure, particularly its offshore component, which will contribute to increasing the country’s capacity to pump and export crude oil.

According to economic websites, a Chinese company’s winning of this massive bid confirms the growing role of Chinese companies in the global oil and energy sector, particularly in the Middle East and Iraq.

This major investment reflects China’s commitment to securing and diversifying its energy sources, as Iraq is one of the world’s largest oil producers and a major supplier to China. The project is expected to contribute to the creation of significant job opportunities, both directly and indirectly, during the construction and operation phases.

This pipeline could also contribute to increasing Iraq’s oil export revenues, which is vital for the country’s economy, which is heavily dependent on oil revenues. This project is another example of the growing economic cooperation between Iraq and China, which includes many sectors, particularly energy and infrastructure.

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2025 ENDS… PARLIAMENT CALLS ON SUDAN TO PREPARE A 2026 BUDGET

The Parliamentary Finance Committee confirmed on Friday that the government’s delay in submitting the 2025 budget schedules to Parliament for approval constitutes a legal violation. While anticipating that the schedules will not be submitted soon, the committee called on the government to begin preparing a draft 2026 budget law.

Committee member Moeen Al-Kadhimi told Shafaq News Agency, “The government’s delay in submitting the 2025 budget schedules is a legal violation, as funding and disbursements since the beginning of the year and continuing until now are problematic, given that the Triennial Budget Law No. 13 of 2023 obligated the government to submit budget schedules that are approved annually, as happened in 2024.”

Therefore, as Al-Kadhimi adds, “The government should have submitted the 2025 budget schedules before the end of 2024, but it was delayed. Recently, the Prime Minister’s Office issued a directive to the Ministry of Finance to postpone the 2025 budget schedules and prepare for the 2026 budget.”

A member of the Finance Committee ruled out approving the budget schedules anytime soon, “given that the government has only five months left in its term, and that it continues to fund employee and pensioner salaries, social welfare, and operating and investment expenses based on the state treasury’s available funds.”

Regarding the 2026 budget, Al-Kadhimi said, “If the government is serious about preparing it, it should begin doing so now, based on oil price estimates and market conditions, and then submit the draft to the next government.” 

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THE KURDISTAN REGIONAL GOVERNMENT (KRG) HAS BEGUN PREPARATIONS TO HAND OVER OIL TO SOMO

The Kurdistan Regional Government (KRG) has begun preparations to hand over oil to SOMO and foreign companies have returned to the oil fields.

The committee formed to investigate the 22 drone attacks on the Kurdistan Regional Government (KRG) oil fields has not yet submitted its final report to Iraqi Prime Minister Mohammed Shia Sudani, the newspaper Al-Arabiya al-Jadeed reported.

He added that the companies that left the oil fields have now returned to the oil fields and resumed their work and the Kurdistan Regional Government has begun preparations to export oil through SOMO.

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POVERTY IS DECLINING IN IRAQ, THANKS TO “OIL, NOT REFORM.” WHAT HAPPENS AFTER THE BARREL DRIES UP? – URGENT

The Ministry of Planning recently announced a significant drop in the poverty rate in Iraq, from 23% in 2022 to 17.5% currently, a significant decline that is the first of its kind in years.

While government circles welcomed this decline, considering it evidence of the effectiveness of social protection programs and support for vulnerable groups, expert opinions differed regarding the true reasons behind this change, amid warnings that this decline is “fragile” and temporarily linked to a fleeting financial abundance.

According to a statement from the Ministry of Planning, the decline in poverty rates is due to a number of factors, most notably:

– Expanding the social safety net, covering more than 7 million citizens.

– Improving the food ration card system and increasing its quantities, which has eased the food burden on the poor.

– Launching soft loans for youth to support them in establishing small businesses and providing self-employment opportunities.

These measures, while seemingly effective in terms of numerical results, are essentially dependent on direct funding from oil revenues, which have witnessed a significant recovery in recent years, raising concerns among observers about the sustainability of these results if crude prices decline.

An Unsustainable Decline in a Fragile Rentier Economy
Despite the reassuring figures on paper, observers believe that the decline in the poverty rate does not reflect a real transformation in the structure of the Iraqi economy, but rather represents a circumstantial result linked to a temporary financial surplus. Economist Nabil Al-Marsoumi asserts that “the recent improvement in poverty rates was not the result of economic reforms or long-term development policies, but rather a result of rising oil revenues, which are inherently unstable.”

Al-Marsoumi added in a post on his official Facebook page, followed by Baghdad Today, that more than 8 million Iraqis remain below the poverty line, despite Iraq being the fifth largest oil producer in the world. He pointed out that this decline in poverty is not based on much because it does not result from economic diversification or real job opportunities, but rather from temporary high government spending that exacerbates citizens’ dependence on the state and increases the fragility of the economy in the event of a decline in oil revenues.

Al-Marsoumi believes that relying on rentier programs to boost social welfare indicators could have adverse long-term effects, as the state’s financial obligations accumulate without real productivity growth. This places a burden on future budgets, especially with fluctuating global oil prices and increasing pressure on public spending.

Specialized economic studies indicate that the decline in poverty rates in Iraq is a positive development, but it cannot be viewed in isolation from the nature of the Iraqi rentier economy, which relies on a single source of income. In the absence of a clear strategy to diversify the economy and the decline in investment in productive infrastructure, this improvement will remain vulnerable to reversal with the first drop in oil prices or volatility in the global market.

Independent economic experts agree that what Iraq needs is not just increased spending, but rather transforming its oil wealth into sustainable development opportunities. This can be achieved by creating a viable investment environment, empowering the private sector, improving the quality of education and vocational training, and linking them to the labor market. Poverty cannot be overcome by subsidies alone, but rather by genuine development that creates opportunities, not reliant on global market fluctuations, but rather on internal stability and a strong productive infrastructure.

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SOURCE: THE CENTRAL BANK OF IRAQ HAS SUSPENDED THE BANK OF BAGHDAD FROM DEALING IN DOLLARS.

(The bank of Baghdad has already refuted this claim in the news. So what really is the TRUTH? Two articles on this topic today so I believe it is really happening.)

An informed source reported that the Central Bank of Iraq has issued a decision to suspend the Bank of Baghdad from dealing in US dollars, in a new step aimed at strengthening oversight of financial transactions and combating manipulation in the foreign exchange market.

The source, who requested anonymity, told Al-Mustaqilla on Sunday that the decision was part of a series of measures taken by the Central Bank to curb currency smuggling and stabilize the dinar-dollar exchange rate, following the detection of violations related to transfer mechanisms and foreign transactions.

Bank of Baghdad is one of the largest private banks in Iraq and has a prominent presence in the banking market. This decision will have a significant impact on banking and commercial operations, especially in light of the challenges facing the country’s financial system.

No official comment has yet been issued by the bank concerned, but it is expected that this move will be followed by similar decisions against other banks and financial institutions that may be proven to be involved in financial violations or abuses in the use of the US dollar.

It is noteworthy that the Central Bank of Iraq has recently intensified its oversight measures on foreign currency auctions and external transfers, in an attempt to control the market and restrict speculation and smuggling, which directly impact the country’s economic stability.

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NEW SANCTIONS EXPECTED ON IRAQI BANKS AFTER THE DECISION TO SUSPEND THE BANK OF BAGHDAD.

 An informed source revealed that the Central Bank of Iraq intends to impose additional sanctions on a number of local banks in the coming days for violations related to the mechanism for dealing in US dollars. This comes days after it decided to suspend the Bank of Baghdad from conducting any dollar transactions.

The source, who requested anonymity, confirmed to Al-Mustaqilla on Sunday that these measures come after important meetings recently held in Istanbul between Iraqi and international delegations, during which the Iraqi side was informed of the need to tighten controls on financial transfers, regulate dollar transactions, and prevent its use in activities that violate international standards of transparency and anti-money laundering.

The source added that the banks subject to sanctions had violated instructions regarding the provision of transparent data about their customers and transfer mechanisms, or had failed to comply with “Know Your Customer” (KYC) procedures, a fundamental principle in combating money laundering and terrorist financing.

This move is part of broader efforts by the Central Bank of Iraq to control the foreign exchange market and reduce illicit reliance on the dollar, particularly following increasing indications of its smuggling out of the country through unregulated banking channels.

Observers believe that these sanctions may extend to other prominent banks if they fail to comply with the required reforms, amid US and international pressure on Iraq to modernize its financial system and strictly implement international standards.

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FROM TEHRAN TO BAGHDAD… WILL “REMOVING ZEROS” BECOME A POLICY TO CONCEAL STRUCTURAL DEFICITS?

 

The Economic Committee of the Iranian Shura Council approved a draft law to remove four zeros from the national currency, a move that suggests a technical effort to address a structural crisis rather than a genuine economic breakthrough. When monetary solutions become political facades, tampering with the digital form of currency becomes an expression of a deep dilemma at the core of public policy.

The draft law seeks to establish the riyal as the official currency, but with a new calculation: each new riyal is equivalent to ten thousand of the previous version, divided into 100 qirans. Although this proposal is not new, it was re-proposed from the 2019 archives, amid the ongoing erosion of purchasing power and a clear failure to contain inflation or restore monetary confidence.

It’s no secret that this proposed amendment comes in the context of intense economic pressure since Washington’s withdrawal from the nuclear agreement in 2018 and the subsequent “maximum pressure” policies. With the dollar on the black market reaching 925,000 riyals, it appears the state is trying to restore the currency’s image, not its actual value. 

This recalls the concepts of hyperinflation and revaluation, which some countries resort to as short-term palliatives in the absence of structural reforms.

Behind this decision lies a political desire to redefine the relationship between state and citizen by “simplifying” financial codes, as the Economic Committee spokesperson indicated when he said the goal is to “simplify transactions and institutional scrutiny.” However, this simplification conceals a greater complexity: a collapse of trust, a spectacle of decline, and a state of structural denial.

Could this model apply to Iraq? The data are different in form, but similar in content. Iraq, too, suffers from an excessively rentier economy, a parallel currency market, and a lack of transparency in reserve management. If political crises and financial corruption persist, the option of “removing zeros” may one day be presented not as a monetary option, but rather as a symbolic cover to evade the demands of genuine reform.

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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

ABOUT THE NEWSLETTER:

July 29, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today.   It’s all very good.

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.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love for YOU with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. I am saying this takes time and is like a third job.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.

 Let’s all try to chip in!

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Proverbs 11:25

 A generous person will prosper; whoever refreshes others will be refreshed.

More news….

IRAQ IS APPROACHING TRUMP’S TABLE AND IS NO LONGER IN THE HANDS OF THE US UNDERSECRETARY OF STATE.

Analysis by Dr. Ali Agwan

An Iraqi expert said that the US Secretary of State’s call today with Prime Minister Mohammed al-Sudani regarding the Popular Mobilization Forces and Kurdistan’s salaries indicates that Iraq is no longer a secondary issue in the hands of the deputy minister or a lower-level official. It is likely to become a clear priority for President Trump himself, following changes affecting the region’s economy, oil, and security.

More news….

ECONOMIST: FOREIGN COMPANIES ARE PREVENTING THE DELIVERY OF KURDISTAN’S OIL TO BAGHDAD AND STRIPPING IT OF IRAQI JUDICIAL PROTECTION.

(This article just came out in the news. All I can say is “I told you so” as the reason why all the chaos between Kurdistan and Baghdad.)

Economic expert Nabil al-Marsoumi said on Thursday that foreign oil companies with contracts with the Kurdistan Region are effectively preventing oil deliveries to Baghdad, asserting that these companies enjoy international legal cover that removes them from the jurisdiction of the Iraqi judiciary. 

Al-Marsoumi explained in a Facebook post monitored by (IQ): “Those who believe that Kurdistan will hand over oil to Baghdad are delusional because the region does not actually own the oil. Rather, it is owned by foreign oil companies linked to the region through production-sharing contracts, under which the companies determine the level of costs, technology, production, and profits, and enjoy international legal cover that places them outside the jurisdiction of the Iraqi judiciary.” 

He added, “In addition, handing over the oil means stripping the region of the treasure that provides its ruling parties with enormous financial resources and significant economic influence without contributing to the burdens or public expenditures in the budget.” He continued, “Therefore, the region should have been obligated to deduct the value of the oil produced in Kurdistan (after deducting costs) from the region’s share of the budget.”

More news….

PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.

Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed that the government has no intention of releasing the budget schedules due to the financial deficit.

“The government has not yet sent the 2025 budget tables to the Ministry of Finance,” Kocher told Al Furat News, noting that “the ministry informed the committee that it has not received any tables in this regard yet.” He explained that “the lack of serious intention to submit budget tables is due to the government’s current lack of need for them due to its severe liquidity crisis,” noting that “this deficit poses a major obstacle to the implementation of investment projects.”

Kocher explained that “the operational aspect of the budget does not pose a problem for the government, as spending is based on 1/12 of the previous year’s budget, which is sufficient to cover operational expenses without the need for new schedules.”

(There are a lot of thick people who won’t give up and come to grips with reality. READ MY LIPS: Iraq is NEVER going to publish the budget schedules under Article 12 of budget for 2025. This is NOT something we all should be expecting and looking for to gauge RV timing. Get it? The drop in oil prices changed Iraq’s financial plans. The fact that they decided to now pay May salaries to be followed by June and July salaries is an indication that they changed their plan. This article from the recent news also confirms what I am saying. It could not get any clearer. Instead, they are going to use the money that was for certain projects in 2025 to pay the salaries. They DO NOT want to borrow funds to do a deficit it would create. What more proof do you want? Really now folks!  These RV intel gurus will go to any extent once they tell their lies. They will go on and on until December comes and then what lie will they tell you to make up for their other lies, more fake news? The new RV rate is NOT IN THE BIDGET – THEY ARE NOT HOLDING UP SHOWING THE ARTICLE 12 SCHEDULES BECAUSE OF AN RV/ Get it? Let’s put this budget issue to rest!)

More news….

IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.

Economic expert Nasser Al-Kanani revealed on Monday (July 28, 2025) that Iraq’s position as the Arab country with the largest gold purchases represents a strategic shift in the Central Bank’s approach to enhancing the country’s financial stability. Al-Kanani told Baghdad Today, “Iraq’s purchase of more than 20 tons of gold in a single 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 currency prices, especially the dollar.”

He pointed out that “gold is considered one of the safest reserve instruments, as it is not affected by fluctuations in the monetary market, unlike paper currencies. This gives Iraq a strategic advantage in confronting sudden crises and enhances confidence in its financial policies, both domestically and internationally.”

(You can read the full set of articles in today’s Articles Section about gold. WOW! 😊)

STATUS OF THE RV

No RV yet. But I do have some wonderful news for everyone that shows us significant changes are coming and coming soon. This news is all FACTUAL. We don’t have to guess or predict. We can see the writing is on the wall. There is going to be a situation soon that will allow the CBI to conduct the Project to Delete the Zeros and then move on to the reinstatement. I know I said this same statement in last week’s Newsletter and now we can see it even clearer.

Let’s first recap before I get into the most recent news so you can better understand the most recent news. So, here we go……

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Parallel Market vs CBI Official Rate (trigger for Project to Delete the Zeros):

If you remember my July 22^nd Newsletter I talked about some very important articles including those below. Just look at the headings and they tell the story:

Article titled “THE DINAR IS RECOVERING AND THE EXCHANGE RATE IS DECLINING TOWARDS THE OFFICIAL RATE” that the CBI predicts the parallel market rate to equal the “official” CBI rate.    

Article titled “THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.”

This article is about a brief that goes on to say as part of a follow-up to last week’s report on the state of the Iraqi economy from the completion of the Article 4 Consultations, the IMF clarified as follows: ” Exchange Rate Arrangement “Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement.

Article titled “FOR THE THIRD CONSECUTIVE MONTH, THE CENTRAL BANK OF IRAQ SAW A SIGNIFICANT DECLINE IN DOLLAR SALES.”  The head of the Iraq Future Foundation, Manar al-Obaidi, revealed on Monday that the Central Bank of Iraq’s foreign currency sales declined during the month of June sales decreased for the third consecutive month.  

Article titled “THE US HAS STOPPED SENDING CASH DOLLARS TO IRAQ. IS THIS THE BEGINNING OF A BLOCKADE?” Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq, a move described as potentially the beginning of a “financial blockade” on some Iraqi banks involved in currency smuggling and money laundering.

Oh…. I asked myself could the news get any better?

Yes, the news has gotten MUCH better thsi period of reporting and we are on our way to the Project to Delete the Zeros, but only if all goes well. In fact, my CBI contact has told me just recently that they expect the parallel market rate to equal the official rate of the dinar in the coming weeks if not this week. Saleh tells us today that there is now only a 4% margin between the official rate and the parallel rate. WOW! WOW! WOW! Did I say this is “WOW!” news?

So, what will happen when this equilibrium between the rates is reached?

I have been told that the dollar may even go BELOW the official rate of the dinar. This of course would be fantastic. But it would have to stay there and not widely fluctuate. If this should occur there should be absolutely no doubt in anyone’s mind that the Project to Delete the Zeros will begin. The question is how long will they monitor this parallel rate change first before they pull the trigger on the Project to Delete the Zeros? In the plan devised in 2011 to reinstate it always seems to use 3 weeks as a standard of measurement for an inflation check.

I want everyone to remember that this is a very dynamic situation in Iraq, they must get off the dollar. Remember their currency is solely pegged to the dollar, so this also applies to the dinar. We must consider something that I don’t see in the news by anyone, especially by all these self-proclaimed intel gurus, as a reason why maybe the dollar was moving so low in Iraq. Could it be that the salaries weren’t paid for three months and simply put, there was very little cash floating around in the economy, thus little dinars even to buy dollars? Yes, could this be a bigger factor that even the economists talk about in all their articles on this subject matter? But let see what the news today tells us about this idea.

😊Well…… it was just announced that an agreement has been reached with the Kurds and the salaries are going to be released for May and June. See articles titled “ERBIL HANDS OVER OIL TO BAGHDAD, RECEIVES BUDGET SHARE” and “AFTER THE MAY SALARIES WERE RELEASED, THE JUNE SALARIES FOR KURDISTAN REGION EMPLOYEES ARE EXPECTED TO BE PAID.” Their words not mine. I am just reporting the news.

😊My question is will all this sudden large cash fluctuation in the economy that is coming effect the parallel market rate? I cannot predict and do not want to predict, and we will just have to wait and see what happens. But if you read the two articles titled “IRAQ CRACKS DOWN ON DOLLAR MARKET DISPARITY” and “THE DOLLAR APPROACHES THE OFFICIAL RATE: A REAL REFORM OR A TEMPORARY TRICK?” You will see in these articles that there are many other reasons why the dollar is crashing in Iraq and the dinar is rising. Could these other reasons protect the dinar?

So, these articles tell us that Iraq has already put measures in place that move to eliminate the gap between the official and parallel market exchange rates of the US dollar, so the parallel market rate should not be affected by this large influx of salary payments. Let’s just see what happens. But one must wonder. Was the delay in May and June salaries intentional for other reasons than just leverage to get from the Kurds what Baghdad needed? And what did Baghdad need from Kurdistan? Read on….

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The Coming: Oil and Gas Law:

I know, I know better than anyone that one day the Oil and Gas Law implementation is on and the next day they tell us its off. But remember one thing very important and that is the law is not yet in place and passed in parliament to be a law. Today’s news once again confirms this. However, after reading today’s news it is all promising and I firmly believe that Iraq is well on its way to finally getting an Oil and Gas Law in place and passed in parliament. Let me explain to you why I believe this will soon occur. By soon I mean in the coming months.

If you have been in this RV saga way back in 2011, you might remember the IMF Article 4 consultation debriefing told us that one of the major issues was that Baghdad has to pay the Kurdistan salaries on a regular basis, like clockwork. They had to find a way to settle these ongoing disputes that delay payments. Sound familiar to today’s behavior? We were told this is part of the stability issue. They talked a lot back then on the need for stability and security in order to get the Project to Delete the Zeros.

The IMF was very clear about this issue too. So, what do we see today? A delay of two months payments still persisted because of issues between these two governments but are now going to be paid. But this is not on a “regular” schedule that the IMF requires. Again, I also need to emphasize that these issues are caused by not having a sound Oil and Gas law in place to handle such issues. Remember the new Iraqi constitution of 2005 says that a referendum shall (not maybe) be written and become law for regulating the Oil and Gas.
This is the last part of the constitution not yet implemented. Back then they called it the Hydrogen Carbon Law or HCL. Don’t get stuck on terms, it’s all the same. Holding back salaries is leverage by Baghdad and don’t let anyone else tell you differently. But this is still contrary to what the IMF expects from Iraq for stability. So you can clearly see the implications of not having the Oil and Gas Law in place. It causes instability.

😊Please see article titled “BARZANI EXPRESSES THE REGION’S READINESS TO NEGOTIATE THE OIL LAW AND AFFIRMS HIS REJECTION OF USING SALARIES AS A BARGAINING CHIP.” Oh boy…was this great news to my ears. Yes, lets get this done Iraq!

I quote from the article “Kurdistan Regional Government Prime Minister Masrour Barzani announced on Saturday the region’s readiness to enter into negotiations with the federal government regarding the drafting of a new oil and gas law. He stressed the need to resume the region’s oil exports and categorically rejected the use of civil servant salaries as a means of political blackmail.”

My advice is don’t believe the part about “categorically rejected the use of civil servant salaries as a means of political blackmail.” It’s all just political talk. How rediculous is this. It’s very funny how Baghdad just used the salaries to blackmail Kurdistan into negotiations and yet this article comes out and says otherwise just days later….lol.. lol.. lol. Yes, very funny. Do you see how the news media works? Remember also it is not Baghdad that has been holding up the Oil and Gas Law, but instead the good faith of the Kurdistan region. We can see why they didn’t want the law in place in the past, as without it they can play around with the oil sales. Kurdistan could also not get Baghdad to support the contractors coming in to develop the oil fields. Someone has to pay them. The Kurds had been paying them out of the salaries file, which was supposed to be for the people not the foreign contractors. This is just one example of the outstanding issues. The large oil company SOMO is one example of this. But I believe that the Kurds too are finally getting sick and tired of delays in the salary payments. However, Baghdad will continue to use the salaries to blackmail the Kurds into submission, if they need to until this constitutionally required referendum becomes law to govern the Oil and Gas from Iraq. Both sides must get what they want.

This recent use of the salary leverage resulted in negotiations to resolve the salary issue which in turn also resolves many of the Oil and Gas issues. Get it? It’s all about what companies will process the oil, how the revenues from the Oil and Gas will be handled and how the oil companies will be paid for their efforts (separate from the salary file).

So, in conclusion let say that each time Kurdistan and Baghdad has these fights over salaries and oil, there are solutions that come up and are documented. Eventually these solutions will be put in the Oil and Gas Law. The communitive culmination of these solutions will make up the law. How can the Kurds then say they reject the law? But how long will this take? Will it be many more years? I believe they are there now and as a draft Oil and Gas Law was already sitting on the table in the cabinet for years. It has to be revised and so let’s see if it makes it to parliament for review and a vote now after this last skirmish.

Folks, this is all we know about the law. This is the latest update. But please don’t anyone tell me or you that the law is “all done”, which would mean passed in parliament and now law. It is NOT! I get a little sick and tired of all these lies and misinformation.

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Let’s talk 2025 Budget….

I want to clarify something now about the 2025 budget too. Again just too many lies about the article 12 for the budget tables and all these intel gurus waiting for the RV rate from these tables. I am also a bit sick and tired of all this misunderstanding that starts with some idiot intel guru who doesn’t know their ass from their elbow. People then suck it up because it sounds nice and like a plausible event to use as a target for the RV. But it’s simply not reality. I am not telling you this to discourage you, as the news today is so VERY GOOD but in FACTUAL terms, not a bunch of lies.

😊Iraq is now telling us very clearly and plainly, that the 2025 budget basically no longer exists. WOW, WOW WOW! Did you read my lips? It basically NO LONGER EXISTS! Take a look at the article titled “THE 2025 BUDGET BILL MAY NOT REACH PARLIAMENT.” I will say this only one more time to everyone. With the drop in oil prices Iraq got hurt. This drop blew their 2025 budget. Even the best laid plans of mice and men don’t always pan out.

Get it? Yes, the idea of not having to go through the lengthily budget process for each of the three years (2023 – 2025) was a great idea but even great ideas change as the world changes. Even the best of plans sometimes don’t work out. So, let’s connect the dots here. How did this affect the salaries thus affect our potential for an RV? Then how could this affect the parallel market crisis? It’s all related.

So what just happened? The Baghdad government decided recently to use part of the remaining money in the 2025 budget to fund the May, June and even July salaries. This money will come from the oil revenues derived for these months. The projects scheduled in the 2025 budget tables will be delayed until further notice since there are not enough oil revenues to pay for them for these months. Get it? So why in hell would they publish these tables if they are not now going to fund these projects. Get it? This is what happens when revenue streams drop. This is fact, even though they claim they didn’t use the budget and there is plenty of money from the monthly oil revenues to take care of the salaries. I don’t doubt there is but let’s not play on words here. This monthly oil revenues “IS” what drives the budgets and is where any monies to pay for the budgets comes from, get it?

Many people believe that the budgets for Iraq come from a pile of tangible money set aside to fund the projects allocated in the budget. This is NOT the case. The budget money comes from future oil revenues. If the revenue stream dries up, then the funding is hurt. They do not take if from the DFI fund, as they may have in the past when oil revenue stream were light. Today is different. This is why they keep bringing more and more oil wells online.

Some intel guru idiots out there (namely Wang Dang) tell their listeners that past budget money not spent is somehow magically stored up and in some account somewhere. Then one day, they will release all this money. Then we get the RV.

I have to ask you to use your common sense and evaluate what these intel guru idiots tell you. If they had all this money stored up, then why didn’t they use it to pay for the projects in the past, that they allocated for in the budgets? So, this intel guru notion is stupid, and it comes down again that many of these idiots haven’t a clue to what they are talking about.

This why the sudden drop in oil prices we read about in the news, DID AFFECT the Iraq 2025 budget and will affect the budget going forward unless they can derive other sources of more sustainable revenues. This is why the big push to diversify the economy, the Development Road Project, Customs and Tariff revenues, Golden city, etc., etc., and get off the rentier economy. Get off the peg to the dollar. Oh.. these articles can be so confusing if you don’t stay on top of your game in reading them all and keeping current. This is what I do for YOU not me. This is what this blog is all about.

I quote form the article “MP Bassem Al-Gharabi confirmed that the government is still funding projects for 2023, and there is an agreement with the Kurdistan Region to sell approximately 250,000 barrels of oil through SOMO, with the revenues allocated to the salaries of the region’s employees.” Do you need anymore proof that Baghdad used the salaries to leverage terms from Kurdistan?

Okay so here is yet more proof of what say is TRUE and I quote “Al-Gharabi explained in a press statement seen by Al-Masry Al-Youm, Tuesday, July 22, 2025, that “the draft budget law for 2025 may not reach Parliament at the present time,” noting that there are financial problems facing ministries, especially in the area of investment financing.”

I just wanted to bring this info to everyone because if you are waiting for some magical RV to happen based on the new RV rate being in the 2025 budget. All I can say is don’t hold your breath.

-First like I said even if the 2025 budget could still be effective, it would NEVER contain an RV rate.

-Second the 2025 budget is no longer. They tell us today that they are going to use the 1/12 rule law to pay for the government outside of any budget. Please read article titled “PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.” “Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed that the government has no intention of releasing the budget schedules due to the financial deficit.“

😊Take a peak at the article titled “GOVERNMENT ADVISOR: IRAQ IS WITNESSING VITAL STABILITY AND IS MOVING TOWARDS DIVERSIFYING ITS REVENUES AWAY FROM OIL.”

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Tuesday that Iraq is working to build a sustainable revenue base independent of oil market fluctuations. He noted that the government has launched a reform package to boost non-oil revenues, indicating that Iraq is experiencing vital stability that offers broad opportunities for progress.

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Let’s talk GOLD:  

This one really gets my goat. Why? Let me explain.

Here Iraq has the one of the largest GOLD reserves in the Arab world, yet they have one of the lowest rates for their currency. In FACT their currency is NOT even yet globally traded. Still 1/6 of a penny, if even that? But in spite of all this what do they propose to do? But there is a very good reason why they are doing this Global Gold City hub and so let’s explore it together today.

😊First take peak at the article titled “TRANSFORMING IRAQ INTO A REGIONAL HUB: ESTABLISHING A “GLOBAL GOLD CITY” IN BAGHDAD” “The Iraqi Ministry of Trade has announced the establishment of a dedicated city for the gold and jewelry industry in the Iraqi capital, Baghdad. The aim is to localize the precious metal industry and boost local production within the country, “which will contribute to transforming Baghdad into a regional center for the gold industry and trade.”

😊Okay do now we learn in this article that Iraq is going to use gold as a hedge against fluctuating markets and global issues that could affect the stability of the Iraqi economy, referring to the last round of drop of oil prices. See article titled “IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.” I will give the Sudani GOI and the Alaq CBI great credit for learning from a crisis and making adjustments so as to prevent it again. Really now what happened in the last round of oil prices dropping could have been a disaster but Iraq handling it so good. Instead of going out to borrow more money for the 2025 budget, they simply are going to postpone the projects until they can afford to do them. And they will afford them and do them in the future. This to me speaks volumes in financial responsibility and stability.

I quote from the article “Economic expert Nasser Al-Kanani revealed on Monday (July 28, 2025) that Iraq’s position as the Arab country with the largest gold purchases represents a strategic shift in the Central Bank’s approach to enhancing the country’s financial stability. Al-Kanani told Baghdad Today, “Iraq’s purchase of more than 20 tons of gold in a single 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 currency prices, especially the dollar.”

He pointed out that “gold is considered one of the safest reserve instruments, as it is not affected by fluctuations in the monetary market, unlike paper currencies. This gives Iraq a strategic advantage in confronting sudden crises and enhances confidence in its financial policies, both domestically and internationally.”

In conclusion on this topic let me say that I have talked about Iraq preparing to go on the gold standard for their dinar. Now we see yet more evidence of this. Folks, they are going to use GOLD as leverage to get off the dollar peg. Can you see it too? At some point in the very near future we will be reading that Iraq will no longer be on the petro-dollar too that will ditch the dollar as the last straw in the process. However, before this happens let me tie this into the US politics. This is a perfect example of why I keep telling everyone that there is a strong connection between the US and getting this RV.

So, we can clearly see that President Trump is working hard to raise tariffs to use as a revenue stream to pay for the government. He plans to take the tax burden off the average American citizen and put it where it was initially intended when the country was first formed. This is the first step. Then they plan to totally restructure the financial system of the US and get off the fiat currency, which they need the petro-dollar in Iraq today to support the fiat currency. The fiat currency of today is not backed by anything other than the “good faith” of the US and this is pure speculation. He plans to do this by getting back on the GOLD standard. So right off the bat, we can see the tie into the Global Gold City of Iraq as the demand for gold will rise and its value will rise. Next, we can see the lack of necessity for the petro-dollar and thus the sole peg of the dinar to the dollar can be changeed then to the projected basket of currencies. This speaks reinstatement. Get it?

Yes, this is when we can expect to see the change in the dinar and I believe only then. This is not my opinion but just common sense in following the FACTS of the articles and tie it all into the current US politics and going back as to why they invaded Iraq and put them on the petro-dollar in the first place. We can clearly see that the petro -dollars and sanctions was NOT really about defending against terrorists but rather to shore up the fiat dollar. It was all just a game, a political stunt that also allowed other things to happen like funneling large sums of oil revenues to Iran that actually did fund terrorism. So, this is obvious now that this was not the real reason for the petro-dollar in the first place, as they told us, because they allowed this to continue for twenty years and knew it was happening all along. But let’s not talk about the corruption part today. Let’s stick to the subject of today.

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 LET’S TALK IRAQI SOVEREIGNTY:

☹This sovereignty issue is going to blow up in Washington’s face but only if they are not careful. They must play this just right. It is like walking a tightrope. One wrong move and you’re done. Remember that in December 2022 Iraq has been released of all UN sanctions put upon it from the 1991 and 2003 gulf wars. Take a peak at the article titled “BAGHDAD AND WASHINGTON AT A CROSSROADS OVER SOVEREIGNTY: THE POPULAR MOBILIZATION FORCES (PMF) FILE EXPOSES THE NERVES OF THE TENSE RELATIONSHIP.”

So, there are other items that go along with this UN 2022 sanction relief from the war including:

– managing your own revenues, which Iraq can not yet do.

-Also getting off the petro-dollar which was put in place as part of the sole peg of the dinar.

-And getting back their currency to the nominal rate and globally traded once again. It has been over 2 years already and so why have these items not yet been recovered for Iraq? It the US using these items to blackmailing Iraq into doing what they want?

But one issue that Washington has with Baghdad I can totally agree with and should be resolved. If evolved not from the 1991 or 2003 wars but from the ISIS war. I certainly hope that it can. This issue stems from the Popular Mobilization Forces (PMF) remaining still in Iraq and worst the solution to them is proposed by the Iraqi government to fund them and absorb them into their own security forces. You got to be kidding me….Trump wants them out and it could not be any clearer. We are not going to get the US approval for an RV until this happens. Sorry! But there is more to this issue than many of you realize. I have been in the US Army Intelligence Corps for many years while on active duty. I know what I am talking about when I talk about this situation in Iraq. Do not take it lightly.

I quote from the article “Amid the turmoil of regional politics and the intersection of international interests, a new diplomatic dispute has erupted between Baghdad and Washington over the fate of the Popular Mobilization Forces (PMF), the armed group born from a religious fatwa to confront ISIS. Over time, it has become a security and political player in the Iraqi equation that is difficult to ignore.”

“The differences became public following a phone call between Iraqi Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio, who clearly expressed Washington’s concern about the efforts to enact the Popular Mobilization Forces (PMF) law, warning that such a move would consolidate Iranian influence and reinforce the role of armed groups at the expense of the state. ” But what is so bad in this new proposed law?

As investors we must take this issue of the PMF seriously. As it was not bad enough that trillions of dollars from the currency auctions was stolen from Iraq that now Iraq wants to pay the PMF, give them retirement benefits, etc. You got to be kidding me.

Iranian influence in Iraq has many aspects to it and mainly it is a liability for Iraq as well as the armed US forces stationed in Iraq. Many in the government still consider these Iranian Shiites their brothers and many families even still have ties to relatives living in Iran. But heres the problem – Iraq will NEVER have a true sense of peace and balance unless they get rid of this harmful Iranian influence using the PMF as their private security force within Iraq. The threat to stability and security is important as the PMF could be used by the Iranian politicians as reprisals for government policies not in the favor of Iranian policy. There will always be a threat of terrorism in Iraq as long as the PMF exist in Iraq. This will hurt attracting US investors into Iraq too and this is very important to Trump in getting US companies to invest in Iraq.

We must continue our prayers if you truly want the RV. There are dark elements out their that do not want Iraq to change and are fighting this change to it’s sovereignty and freedom and wealth as a new nation. But it will be overcome, and I believe it will be God’s Hand that will do it.

We also must not forget the politics. We cannot separate politics from this investment. I have showed you yet another example today as to why I say this. Are you listening?

In fact, its all about politics and so you would be doing an injustice to exclude it. To exclude politics, you would miss so much that is affecting a timeframe of when we can expect to see the dinar rise like it should. It is being artificially suppressed today and we all know it. I have showed you why they continue to suppress it and when we can expect this to end. But I will add that NOTHING will stop the Iraqi dinar from rising up again. It is coming and these obstacles will be overcome.  It not “if” it will occur but “when”.

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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 is here. Was He lying to us? Remember that these globalists satanic cult have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end to maintain control over you. If all else fails, they will get more and more desperate to overcome the good trying to rebuild and free our nation.

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

“A POLITICAL RESET WILL RESHAPE THIS NATION”

The prophecy today can be found at the 11:17 minute mark on the video.  From July 19th. 

“UNPRECEDENTED CHANGE IS COMING TO THE TAX SYSTEM IN THE UNITED STATES”

The prophecy today can be found at about the 9:37  minute mark on the video.  First out of 3 from July 26th. 

Are you concerned about paying taxes? What about the rising taxes each year. Think about it, our paychecks are taxed over and over again. Sales tax, gas tax, property tax, car DMV tax, income tax, etc., etc.

Here’s one for you to think about: If you look at your mortgage, in the 30 years you will have paid for your house 3 times over. Really? Yes, let me explain. Add up all your  property taxes for each year and it climbs each year, then add up all the interests on your loan. Then add to it the principle amount. It will equal about 3 times the amount of the original loan amount. Numbers don’t lie. This is killing the middle class.

 We are being taxed to death, literally for many. Are there other ways to collect revenue to run the government? How did our founding fathers want this new United States to be funded? Did they want to go along with the same old tax system from Europe, where the individual gets to keep lesser and lesser of their income? Or was the tax system intended for commerce and to tax excessive profits and have fair tariffs? How did the U.S. go wrong and how can we change it back?

God is working to restore the U.S. tax system to fair and creative ways to raise funds to run our government programs. We must continue to pray and decree that what God wants we want. This is in part, where this period of huge prosperity and abundance is going to come from. Are you counting of paying capital gains on your dinar proceeds?

PROPHECIES IN PROGRESS

TULSI GABBARD: OBAMA COULD BE PROSECUTED FOR TREASON.

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THE ‘BIGGEST SCANDAL’ IN AMERICAN POLITICS

Next the news moves on to, yet another scandal being exposed. This one is going to ultimately expose that the real Biden was not even sworn in as president. Who was really running the Whitehouse for the last administration? I believe this will also be connected to Barrack Obama. He is going to get deep in mud over his head.

AMERICANS DEMAND ARRESTS AFTER ANOTHER BIDEN AIDE PLEADS THE FIFTH

WHAT BYRON DONALDS IS PLANNING COULD ERASE THE ENTIRE BIDEN PRESIDENCY

Folks these headliner words are right out of the prophetic words from God we have been hearing for the last 4 years. WOW!

TRUMP’S HISTORIC $1.35T EU TRADE DEAL SHOCKS WORLD!

IS THE US GOING BACK ON THE GOLD STANDARD ANY TIME SOON?

I think that many of my readers already know that this is inevitable, if the US is ever to resolve is looming national debt, but when? We are seeing the policies put in place now by the Trump administration to make this possible. But what does God tell us through his prophets about this event?

Remember that Kim Clement in his prophecies from a decade or more ago also talked about this topic. He said simple words about it and I quote “Gold” “California”. Although we don’t know exactly what he meant by these words it was in line at the same time when he talked about resolving the US national debt. So somehow resolving this issue of debt, I believe, is connected to finding a very large gold vain in California. Just saying….

“UNPRECEDENTED MOVES ARE BEING MADE TO BRING BACK THE GOLD STANDARD IN THIS NATION”

The prophecy today can be found at the 22:42 minute mark on the video.  From July 20th. 

IS THE PELOSI INSIDER TRADING: MYTH OR REALITY.

What will be the consequences of a congressional majority leader using the position of speaker of the house to influence legislation for personal gain? We are talking about hundreds of millions of dollars. Oh… I think they call this “insider trading” which by the way is illegal anyway you look at it.

WHY DID THE FBI RAID MAR-A-LAGO?

WOW! This is getting amazing since we had a prophet tell us years ago about this report and how it was secretly obtained from the deep state filing cabinets and put in the possession of the Trump team. Do you remember that prophecy back then? Is this the report they are talking about in the news today the same one? I think so.

You have to unpeel the onion…. This news today is not coincidental. It is the telling of the prophetic word coming to the surface in reality. Oh… kind of spooky in a way….

ANOTHER DIRTY SECRET ABOUT HILLARY CLINTON WHICH COULD HAVE KEPT HER FROM THE RACE IN 2016

Yes, another bombshell. How many more is God going to bring us? It’s coming hot and heavy now. More every day.

WOW! You simply have to watch this one….

US ANNOUNCES WITHDRAWAL FROM UNESCO

Another UN agency bites the dust….. The prophecies told us the UN will fall apart and eventually dissolve except for some humanitarian efforts. The UN cannot continue without the funding by the US for all these woke agencies that are more meant to control humanity than to help it. The UN is the foundation for the One World Govt concept.

SCHIFF ALWAYS TRIES TO SHIFT THE BLAME TO SOMEONE ELSE.

Is this why they call him “shifty Schiff”? So, he makes up stories, then lies constantly to keep his narrative going, even when confronted, with very strong evidence contrary to disprove the lies. Is there a clinical psychological mental disorder for his behavior?  Should a man like this really be in the US Senate? Should a pathological liar be in politics?

WILL SCHIFF BE FINALLY PROSECUTED?

We should all try to follow this ongoing saga about what Obama is being accused of by Tulsi Gabbard. These are serious allegations. I tried to list the news as it came out. There are three parts to this saga so far and I hope you can follow it.

DOJ RECEIVES CRIMINAL REFERRAL ON OBAMA

Yes, but let’s see if anyone is actually prosecuted or if this just another round of circus again. As Americans aren’t you fed up yet with all this talk over and over again but no one high-up ever seems to be prosecuted and goes to jail?

WILL STATUTE OF LIMITATIONS UNLIKELY IMPACT KEY RUSSIAGATE PROSECUTIONS AND INDICTMENTS?

PEOPLE NEED TO GO TO JAIL OVER THIS… THIS WAS ABSOLUTELY DEEP STATE CORRUPTION.

IRAQ CRACKS DOWN ON DOLLAR MARKET DISPARITY

Iraq is moving to eliminate the gap between the official and parallel market exchange rates of the US dollar, Economic Advisor to the Prime Minister, Mudher Muhammad Saleh, revealed on Tuesday.

The official rate set by the Central Bank of Iraq (CBI) is 132,000 dinars per $100, while the parallel market rate has hovered near 139,000 dinars in recent days—a difference the government seeks to erase.

Speaking with Shafaq News, Saleh outlined five key measures driving the ongoing convergence:

-Ban on internal dollar use: The prohibition of domestic dollar transactions, especially in real estate, has curbed the dollarization of the local economy.

-Shift to global correspondent banks: Foreign currency transfers now go through international banks, replacing the Central Bank’s former exchange window and reducing reliance on unofficial, high-cost funding.

-Inclusion of small importers in official channels: Around 60% of Iraq’s foreign trade is now financed through the formal banking system at the official rate, lowering demand in the black market.

-Expanded use of electronic payment cards: Travelers increasingly rely on foreign-currency payment cards, easing demand for cash dollars. Simplified airport procedures further support this shift.

-Price stabilization via government cooperatives: Key imports—such as consumer goods and construction materials—are distributed at the official rate through state-backed outlets, aligning monetary, fiscal, and trade policies.

Saleh concluded that with the exchange rate gap now below 4%, Iraq is entering a phase of “price convergence,” where the remaining difference reflects only transaction costs.

(Almost time for the Project To Delete the Zeros?….Just saying… 😊)

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THE DOLLAR APPROACHES THE OFFICIAL RATE: A REAL REFORM OR A TEMPORARY TRICK?

In a move that suggests a “shift” in the government’s policy toward the dollar crisis, Mazhar Mohammed Saleh, the financial advisor to Prime Minister Mohammed Shia al-Sudani, revealed five factors that he said would lead to narrowing the gap between the official and parallel rates, paving the way for what he described as a “matching” phase between the two rates.

But the most important question is: Is what is happening real reform? Or is it merely “economic makeup” that masks a fragile reality?

The official exchange rate, set by the Central Bank at 132,000 dinars per $100, is now approaching the parallel market rate of 139,000 dinars. This decline is viewed by some as a positive sign, while others view it as a “politicized” and temporary move to calm the street ahead of upcoming political and economic events.

Five factors or five pressure cards?

The government’s primary consideration is preventing dollarization, particularly in the real estate sector. While this may sound like a good move in theory, it raises questions about its implementation in a market teeming with informal transactions.

The second factor relates to transfers via global correspondent banks after the central bank window closed. However, observers question: Are these transfers truly available to everyone, or are they restricted to specific names and companies?

The third factor is the entry of small traders into the official transfer window, a step whose effectiveness on the ground is questioned by many due to the red tape and bureaucracy.

The fourth factor revolves around the expanding use of electronic cards, a move that is hampered by technical infrastructure and a deeply ingrained cash culture.

The fifth factor relates to what the government calls “price defense” through cooperatives, a policy that could return Iraq to the era of “ration cards,” amid doubts about its sustainability.

Is the difference really less than 4%?

Advisor Saleh’s statements that the difference between the two rates has become “merely a transaction cost” open the door to a broad economic debate: Can we speak of “convergence” while the parallel market persists? Have the dollar mafias truly been eliminated? Or have their positions merely shifted?

In conclusion: Appeasement or Radical Treatment?

Achieving a unified exchange rate is a legitimate popular and economic demand. However, without a comprehensive reform of the financial system, increased transparency in transfers, and ensuring fairness in cash distribution, any decline in the parallel market may prove to be nothing more than a “warrior’s rest” before another explosion.

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TRANSFORMING IRAQ INTO A REGIONAL HUB: ESTABLISHING A “GLOBAL GOLD CITY” IN BAGHDAD

The Iraqi Ministry of Trade has announced the establishment of a dedicated city for the gold and jewelry industry in the Iraqi capital, Baghdad. The aim is to localize the precious metal industry and boost local production within the country, “which will contribute to transforming Baghdad into a regional center for the gold industry and trade.”

The ministry announced in a statement on Wednesday, July 23, 2025, that the Ministerial Council for the Economy had approved the proposal submitted by the Ministry of Trade to establish a “Global Gold City” in Baghdad. The ministry described the move as “strategic, aiming to localize the gold and jewelry industry within Iraq and boost local production.”

Minister of Commerce, Athir Dawood Al-Ghurairi, emphasized in this regard that “the project represents a qualitative leap in the development of national industries,” noting that “the city will include an integrated system that includes specialized industrial units, advanced training centers for goldsmithing according to international standards, as well as advanced markets and an exchange for gold and jewelry.”

For his part, Director General of the Department of Foreign Economic Relations, Riyadh Fakher Al-Hashemi, explained that “the project aims to support the private sector and expand its contribution to the national economy,” noting that “the city will be established within the integrated economic city in Baghdad, contributing to transforming the capital into a regional center for the gold industry and trade.”

According to Al-Hashemi, the ministry has begun coordinating with the National Investment Commission to complete the requirements for land allocation and issue investment licenses in preparation for the project’s implementation.

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IRAQ REPLACES THE DOLLAR WITH GOLD: A YELLOW SHIELD AGAINST ECONOMIC STORMS.

Economic expert Nasser Al-Kanani revealed on Monday (July 28, 2025) that Iraq’s position as the Arab country with the largest gold purchases represents a strategic shift in the Central Bank’s approach to enhancing the country’s financial stability.

Al-Kanani told Baghdad Today, “Iraq’s purchase of more than 20 tons of gold in a single 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 currency prices, especially the dollar.”

He pointed out that “gold is considered one of the safest reserve instruments, as it is not affected by fluctuations in the monetary market, unlike paper currencies. This gives Iraq a strategic advantage in confronting sudden crises and enhances confidence in its financial policies, both domestically and internationally.”

Al-Kanani explained that “this trend will positively impact the value of the Iraqi dinar in the medium term. It will also contribute to the stability of the local market and reduce reliance on the dollar, giving the Central Bank greater flexibility in managing monetary policy and achieving economic stability in light of current regional and global challenges.”

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THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.

16th July 2025 

By John Lee.

As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows:

“Exchange Rate Arrangement

“Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement. The Central Bank Law gives the Board of the Central Bank of Iraq (CBI) the authority to formulate exchange rate policy.

“Effective February 8, 2023, the official exchange rate was set at ID 1,320 according to the closing prices of the daily bulletin of gold & main currencies published on the CBI website (www.cbi.iq).

“There has been a change to Iraq’s exchange system since the last Article IV Consultation. Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any restrictions under this provision. Iraq does not maintain any current account exchange restrictions or MCPs [Managed Currency Pegs]. Starting January 2025, all international transactions have been routed through commercial banks via their correspondent banking relationships (CBRs).

“The Central Bank of Iraq (CBI) replenishes these balances weekly based on foreign exchange demand and conducts audits to ensure that the allocated funds are used in compliance with AML/CFT regulations. Private banks are also encouraged to broaden their CBR networks, particularly with non-U.S. financial institutions.”

As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows: ” Exchange Rate Arrangement “Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement.

(This is a very long article by the IMF and so here is a link to the rest, if you desire to read it all. It is very good news from the IMF and in fact shows us that the IQD may sooner than later be international.)

Iraq Banking & Finance News, Politics

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ERBIL HANDS OVER OIL TO BAGHDAD, RECEIVES BUDGET SHARE

The Iraqi finance ministry announced on Tuesday that it had disbursed May salaries for the Kurdistan Region’s civil servants, nearly three months after the payments were suspended. The ministry stated that the decision followed the Kurdish government’s move to hand over its oil production to federal authorities.

The federal ministry said in a statement that it had resumed the payment of the Kurdistan Regional Government’s (KRG) public employees after Erbil’s commitment to the latest financial and oil agreement with Baghdad. 

The ministry stated that the KRG has begun transferring its current oil production to Iraq’s State Oil Marketing Organization (SOMO) and will continue to do so until it reaches the 230,000 barrels per day (bpd) stipulated in the agreement. It also confirmed receiving 120 billion dinars from the KRG’s non-oil revenues, as earlier announced by the Kurdish government.

On Thursday, the KRG and the federal government finalized an agreement aimed at resolving their disputes over finances and Kurdish oil exports. However, officials from both sides have continued to accuse each other of creating obstacles to its implementation.

Under the agreement, the KRG must export its entire oil output through SOMO, keeping 50,000 barrels daily for local use. In return, Baghdad is expected to make budget transfers and provide refined fuel if needed. The KRG is also obligated to hand over 120 billion Iraqi dinars (nearly $92 million) in non-oil revenues monthly for May. 

Fuad Hussein, Iraq’s Deputy Prime Minister and Foreign Minister, told Rudaw on Tuesday that Baghdad will continue paying the KRG civil servants for the months of June and July as well. 

He added that Kurdish leaders and politicians have been in contact with him and worked tirelessly to make sure that the Region’s public employees are paid. 

Kurdistan Region Prime Minister Masour Barzani said on Thursday that it is not possible for the KRG to hand over the required amount of oil to Baghdad due to damage caused to the oil field by recent drone attacks. Since the deal was announced, drone attacks on the Kurdistan Region appear to have ceased. Nearly 20 drone attacks were recorded in July, most targeting oil fields operated by international companies.

KRG has blamed Iraq’s Popular Mobilization Forces (PMF, or Hashd al-Shaabi) for the drone attacks, a charge Baghdad has denied.

Oil exports from the Kurdistan Region through the pipeline have been halted since March 2023 when a Paris-based arbitration court ruled in favor of Baghdad against Ankara, saying the latter had violated the 1973 pipeline agreement by allowing Erbil to begin exporting oil independently in 2014. 

The KRG’s handover of its oil to SOMO is expected to effectively resume its exports to international markets.

However, the KRG, the Iraqi government, and international oil companies operating in t

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AFTER THE MAY SALARIES WERE RELEASED, THE JUNE SALARIES FOR KURDISTAN REGION EMPLOYEES ARE EXPECTED TO BE PAID.

An informed source revealed, today, Tuesday (July 22, 2025), the date for the Federal Ministry of Finance to send the salaries of Kurdistan Region employees for the month of June, after funding the salaries of last May.

The source told Baghdad Today, “The federal Ministry of Finance is waiting for the Kurdistan Regional Government to send 120 billion dinars, in addition to SOMO beginning to receive the agreed-upon oil quantities, which amount to 31,000 barrels per day, according to the report of the joint technical committee.”

He added that “SOMO will work in coordination with oil companies to determine a date for resuming work in the oil fields and returning exports to their previous levels,” noting that “the federal Ministry of Finance will begin disbursing June salaries in the middle of next week, after completing the audit of the payroll lists.”

Recent months have witnessed an escalating crisis between Baghdad and Erbil over the region’s failure to deliver oil and non-oil revenues as stipulated in the federal budget law. This prompted the Ministry of Finance to halt salary payments since last May.

After continuous mediation and meetings, the Federal Council of Ministers voted on (July 17, 2025) on Resolution No. (550), which stipulates the release of salaries of the region’s employees in exchange for the Erbil government’s commitment to hand over 120 billion dinars of its local revenues, in addition to handing over its oil exports through the “SOMO” company.

Based on this agreement, the regional government deposited the required amount in the central bank, and the federal Ministry of Finance announced today, Tuesday, the commencement of disbursement of May salaries, a first step toward settling the issue.

The June salary disbursement process is scheduled to be completed by the middle of next week, following the region’s commitment to transferring oil and non-oil revenues in accordance with the recent agreement.

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GOVERNMENT ADVISOR: IRAQ IS WITNESSING VITAL STABILITY AND IS MOVING TOWARDS DIVERSIFYING ITS REVENUES AWAY FROM OIL.

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Tuesday that Iraq is working to build a sustainable revenue base independent of oil market fluctuations. He noted that the government has launched a reform package to boost non-oil revenues, indicating that Iraq is experiencing vital stability that offers broad opportunities for progress.

Saleh told the Iraqi News Agency (INA): “Internal stability is today a fundamental pillar in the Iraqi government’s efforts to enhance the investment environment and sustainable development. Reliable international reports, most notably Iraq’s stable credit rating, clearly indicate a marked improvement in the investment climate and confirm Iraq’s ability to withstand regional challenges, which sends positive signals to global markets and donors.”

He added, “The ongoing development transformations have contributed to reviving dozens of major, stalled projects, and the adoption of a government program based on providing services has created an attractive investment climate for the first time in years.”

He continued, “This progress comes after the country overcame a difficult period of crises, including security challenges, waves of violence and terrorism, as well as the repercussions of health crises and sharp declines in oil prices over the past decade.”

He explained that “the current phase represents a pivotal shift in Iraq’s political and economic history, as it is witnessing a vital stability that provides broad opportunities for progress, despite the surrounding geopolitical risks.” He added, “What distinguishes this stability is its superiority over its turbulent regional environment, reflecting the strength of national cohesion and the restoration of the effectiveness of the social contract, both economic and political.”

He pointed out that “these combined indicators give Iraq a real opportunity to build a more stable and prosperous future, free from the burdens of the past, and qualified to become a pivotal player in the regional and international economy.”

He explained that “the fundamental reforms in the government’s program aim to diversify sources of national income and enhance the state’s efficiency in collecting its financial dues without imposing unjustified additional burdens on citizens. This is a prerequisite for achieving long-term economic stability.”

As part of its drive to diversify sources of income and achieve financial sustainability, the Prime Minister’s advisor emphasized that “the government has sought to implement a package of fundamental reforms aimed at increasing non-oil revenues and reducing reliance on volatile oil revenues. These reforms include: reforming the tax system by expanding the tax base, automating collection, combating tax evasion, and simplifying procedures.”

He continued: “The government also sought to enhance fees and service revenues by reviewing the pricing of government services, increasing collection efficiency and activating electronic payment and collection, so that cash flows into the unified government account became more transparent, efficient, and governed. It also modernized the customs system, unified tariffs, automated border crossings, and combated smuggling and border violations through a digital framework in cooperation with international technical bodies, especially the United Nations.”

He pointed out, “The importance of the state’s approach to reforming public companies, through restructuring, strengthening partnerships with the private sector, and achieving profitability, in addition to the trend towards productive investment in public property, through inventorying and activating the state’s assets and its unused assets, and settling illegal occupations, as well as improving revenues from the telecommunications sector by amending company contracts, imposing taxes on data, expanding the digital infrastructure, and activating local financing tools, particularly in issuing local government development bonds, and establishing various development financing funds.”

Saleh emphasized that “the government is working to build a sustainable revenue base independent of oil market fluctuations, supporting economic growth plans and enhancing the country’s financial stability, which is the primary goal of prosperity and the essence of economic reform.”

He concluded by saying: “The achievements made over the past two years represent an important path for Iraq’s transition to an advanced stage of stability and sustainable development. It is a challenging model that combines the two conditions (stability and development) on the basis of rapid progress simultaneously, despite the enormous international and regional geopolitical challenges, and compared to the two difficult decades that our country has gone through.”

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THE 2025 BUDGET BILL MAY NOT REACH PARLIAMENT.

MP Bassem Al-Gharabi confirmed that “the government is still funding projects for 2023, and there is an agreement with the Kurdistan Region to sell approximately 250,000 barrels of oil through SOMO, with the revenues allocated to the salaries of the region’s employees.”

Al-Gharabi explained in a press statement seen by Al-Masry Al-Youm, Tuesday, July 22, 2025, that “the draft budget law for 2025 may not reach Parliament at the present time,” noting that there are financial problems facing ministries, especially in the area of investment financing.”

He noted that “the current financial situation does not allow for the submission of budget schedules for 2025, and Finance Minister Taif Sami confirmed that there are problems with funding ministries, and that the projects added in 2024-2025 have not yet been covered.”

He pointed out that “the process of selling oil and transferring the revenues to salaries could take two months, according to what the Minister of Finance stated.”

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PARLIAMENTARY FINANCE COMMITTEE RULES OUT APPROVING 2025 BUDGET

Member of the Parliamentary Finance Committee, Hussein Mounes, ruled out on Tuesday the possibility of the draft state budget and its detailed schedules reaching Parliament at the present time, pointing to the existence of major obstacles to its approval.

Mounes explained in a statement to the Al-Maalouma Agency that “there are several reasons behind this delay, most notably the large deficit resulting from the differences between revenues and expenditures,” pointing to “the lack of a clear vision regarding the financing of investment projects included in the budget.”

He addressed the issue of the region, stressing that it constitutes an additional obstacle and said: “We do not yet know the size of the expected revenues, nor the value of the expenses resulting from them,” expressing his “expectation that the budget schedules will not reach Parliament under the current circumstances.”

It is noteworthy that Parliament had previously hosted the Minister of Finance to discuss the budget schedules and the reasons for the delay in sending them

(Let’s get real. How about the TRUTH. The issue of not coming forward with the 2025 has absolutely nothing with holding up the RV until they are ready. In fact it has absolutely nothing to do with the RV. Get it? All you intel gurus reading this today I wish you would stop this stupidity associating this with the RV. Who told you this? Yes, just more speculation.

In reality ( I know you gurus hate that word) it is that because of the drop in oil the government does not have the money to pay for the 2025 budget. It is that simple. The GOI told us they no longer want to go out an borrow money and put themselves in yet more debt. This is a VERY WISE way to run a country. They are being SMART and using common sense. Oh… looks like all you idiot intel gurus are not going to see your RV rate in article 12….lol…lol….)

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PARLIAMENTARY FINANCE: NO INTENTION TO SEND BUDGET TABLES, SPENDING PROCEEDS ACCORDING TO THE 1/12 MECHANISM.

Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed that the government has no intention of releasing the budget schedules due to the financial deficit.

“The government has not yet sent the 2025 budget tables to the Ministry of Finance,” Kocher told Al Furat News, noting that “the ministry informed the committee that it has not received any tables in this regard yet.”

He explained that “the lack of serious intention to submit budget tables is due to the government’s current lack of need for them due to its severe liquidity crisis,” noting that “this deficit poses a major obstacle to the implementation of investment projects.”

Kocher explained that “the operational aspect of the budget does not pose a problem for the government, as spending is based on 1/12 of the previous year’s budget, which is sufficient to cover operational expenses without the need for new schedules.”

(READ MY LIPS: Iraq is NEVER going to publish the budget schedules under Article 12 of budget for 2025. The drop in oil prices changed their financial plans. The fact that they decided to now pay May salaries to be followed by June and July salaries is an indication that they changed their plan. They are going to use the money that was for certain projects in 2025 to pay the salaries. They DO NOT want to borrow funds to do this. What more proof do you want. Really now folks!  These RV intel gurus will go on and on until December comes and then what lie will they tell you, more fake news? The new RV rate is NOT IN THE BIDGET – THEY ARE NOT HOLDING UP SHOWING THE ARTICLE 12 SCHEDULES BECAUSE OF AN RV/ Get it? )

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INTERNATIONAL CERTIFICATION IN THE REFORM NOTEBOOK: THE INTERNATIONAL MONETARY FUND COMMENDS IRAQ’S EFFORTS TO CURB INFLATION.

In a move that may reflect a tangible shift in Iraq’s economic policy, the country received official praise from the International Monetary Fund for its efforts to curb inflation. Economists consider this a positive indicator of the effectiveness of the policies adopted by the government and the Central Bank over the past period.

Economic expert Nasser Al-Tamimi told Baghdad Today on Tuesday (July 22, 2025) that “the IMF’s praise represents a reassuring message to the international community and investors, and reflects the seriousness of the economic policies that Baghdad has recently adopted.” He added that “Iraq has faced major inflationary challenges in recent years as a result of internal and external factors, including fluctuations in oil prices and disruptions in supply chains, in addition to political and financial pressures.”

Al-Tamimi pointed out that “the improvement in inflation indicators is the result of balanced monetary policies, including tightening monetary policy tools, enhancing market oversight, and maintaining the stability of the dinar exchange rate, which helped prevent price increases and protect citizens’ purchasing power.”

However, he stressed at the same time that this praise “is not the end of the road, but rather the beginning of a long reform journey,” emphasizing “the need to continue addressing structural gaps in the economy, expanding the revenue base beyond oil, and monitoring global developments that may impact price levels in the country in the future.”

Al-Tamimi concluded his statement by saying, “The IMF report provides a strong impetus to the economic reform process, while simultaneously placing an additional responsibility on decision-makers to continue the corrective approach and achieve comprehensive and sustainable development that serves citizens first and foremost.”

Economists believe that the Iraqi economy has faced significant inflationary challenges in recent years, influenced by a number of factors, most notably fluctuations in global oil prices, which represent the state’s primary source of revenue. In addition, internal political and security crises and disruptions to global supply chains, particularly following the COVID-19 pandemic and the war in Ukraine, have also contributed to this.

In 2021 and 2022, Iraq recorded relatively high inflation rates, which negatively impacted the prices of goods and services and affected the purchasing power of citizens, particularly those with limited income.

In response, the Central Bank of Iraq adopted a more restrictive monetary policy, raising interest rates, strengthening oversight of banking activity, and attempting to stabilize the dinar’s exchange rate against the dollar despite market volatility.

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BAGHDAD AND WASHINGTON AT A CROSSROADS OVER SOVEREIGNTY: THE POPULAR MOBILIZATION FORCES (PMF) FILE EXPOSES THE NERVES OF THE TENSE RELATIONSHIP.

Amid the turmoil of regional politics and the intersection of international interests, a new diplomatic dispute has erupted between Baghdad and Washington over the fate of the Popular Mobilization Forces (PMF), the armed group born from a religious fatwa to confront ISIS. Over time, it has become a security and political player in the Iraqi equation that is difficult to ignore.

The differences became public following a phone call between Iraqi Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio, who clearly expressed Washington’s concern about the efforts to enact the Popular Mobilization Forces (PMF) law, warning that such a move would consolidate Iranian influence and reinforce the role of armed groups at the expense of the state.

Rubio’s statements, published on the X platform, can be read within the context of American concerns about the rise of Iranian influence in Iraq, particularly after the Popular Mobilization Forces (PMF) succeeded in establishing a presence within state institutions.

Despite this, Baghdad has been keen to present a different narrative that maintains a balance between internal and external influence, emphasizing that the draft law falls within the framework of “reforming the security establishment” and aims to regulate the status of the Popular Mobilization Forces (PMF) under the official state umbrella, with powers granted by the Commander-in-Chief of the Armed Forces—that is, the Prime Minister himself.

This disagreement demonstrates the complexity of the relationship between the two sides, as the American reading of the Iraqi situation differs from Baghdad’s vision, which attempts to reconcile internal pressures from influential Shiite forces, delicate regional balances, and the requirements of the strategic relationship with Washington.

These developments intersect with calls by the Kurdistan Regional Government to halt attacks on oil infrastructure, a hint that may imply a veiled accusation that factions linked to the Popular Mobilization Forces (PMF) are behind the destabilization of energy security in the north. This deepens the trust gap among Iraqi factions and increases the fragility of national security.

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DESPITE THE BILLIONS PILING UP IN AMERICA, WHY ISN’T IRAQ USING ITS MONEY TO SAVE ITS ECONOMY? – URGENT

Despite Iraq’s massive financial reserves, estimated at tens of billions of dollars, the question remains: Why aren’t these funds being effectively invested domestically? At a time when the country is suffering from mounting economic crises, fragile infrastructure, and declining productive sectors, the government continues to invest a large portion of these reserves in US Treasury bonds, financial instruments known for their low yields and long payback periods.

While these bonds are internationally classified as safe instruments for preserving value, experts believe that Iraq’s approach to investing its foreign assets has become traditionally rigid, inconsistent with development requirements and inconsistent with the priorities of an economy in urgent need of domestic revitalization. What increases the sensitivity of this issue is that a significant portion of Iraq’s funds are actually deposited in American banks, weakening the country’s ability to freely decide how to manage these vital resources.

In this context, financial expert Abbas Al-Shatri offers a comprehensive critical vision, calling for a complete rethinking of Iraq’s reserve investment policy and a shift from a “safe freeze” approach to a “productive investment” approach to ensure economic security and achieve sustainable development.

Al-Shatri told Baghdad Today, “Iraq’s continued investment of a significant portion of its financial reserves in US Treasury bonds is an economically unfeasible decision, given the low returns these bonds generate compared to other investment opportunities that could directly support the national economy.”

He pointed out that “despite the classification of US Treasury bonds as safe and internationally recognized financial instruments, Iraq, with its current economic situation, urgently needs to direct its funds toward more dynamic investments, whether through domestic production projects or regional investment vehicles that generate higher returns, contribute to creating real job opportunities, and enhance infrastructure.”

Al-Shatri explained that “excessive reliance on these bonds does not meet Iraq’s development needs. Rather, it deprives the economy of opportunities to diversify sources of income and stimulate vital sectors such as industry, agriculture, and renewable energy, which are the foundation of any stable and sustainable economic structure.”

Noting that “the current fiscal policy tends toward safe freezing rather than productive stimulation,” Al-Shatri called for “a radical reconsideration of the investment policy of Iraq’s financial reserves, moving away from the traditional approach of freezing in low-yielding instruments, and toward a more ambitious economic vision based on maximizing returns and achieving economic security.”

It is well known that a large portion of Iraq’s reserves are actually held in American banks or under the supervision of the international financial system linked to them. However, experts believe that Iraq does not actually benefit from these funds in a context that serves its internal economic needs. Rather, it is sometimes restricted by political and financial restrictions that make the investment of these funds governed by external considerations rather than an independent sovereign decision.

This reality raises serious questions about the independence of Iraqi investment decisions, at a time when there is a growing need for more flexible financial policies that can help protect the economy from global fluctuations and harness the country’s vast financial resources for sustainable development within the country.

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AL-SUDANI’S OFFICE PUBLISHES NEW DETAILS OF THE PHONE CALL WITH THE US SECRETARY OF STATE.

The Iraqi government released new details on Wednesday regarding the phone call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio.

The office stated in a statement received by Shafaq News Agency that “Al-Sudani received a phone call from Rubio, during which they reviewed bilateral relations and the general situation in the region.”

According to the statement, Al-Sudani affirmed Iraq’s support for efforts to consolidate stability in the region, sustain ceasefire agreements, and halt aggression.

He pointed to “the recent attacks on vital oil facilities in the Kurdistan Region of Iraq and in the provinces of Salah al-Din and Kirkuk,” describing them as “targeting the Iraqi national economy.”

He added that “security services are monitoring the sources of the attacks with the international coalition to fight ISIS,” expressing his “surprise that these attacks coincided with the agreement of principles between the Ministry of Oil and American investment companies operating in the region to invest in a number of oil fields in Kirkuk and Salah al-Din.”

The call also touched on the Popular Mobilization Forces (PMF) law, according to the statement. Al-Sudani explained that “submitting this law to the House of Representatives is part of the government’s security reform process, and is part of the government program approved by the House of Representatives. This process has included the approval of similar laws for other agencies within our armed forces, such as the Intelligence and National Security Services.” He emphasized that “the PMF is an official Iraqi military institution operating under the authority of the Commander-in-Chief of the Armed Forces.”

He continued, saying that the Kurdistan Regional Government’s commitment to transferring oil production and non-oil revenues to the public treasury, through the recent Cabinet decision, within the framework of the provisions of the current budget law, and the relevant Federal Court ruling, has helped resolve financial and legal obstacles between the federal government and the regional government. He indicated that “the government’s national and constitutional commitment to Iraqi citizens is reflected in its actions in all areas.”

He reiterated Iraq’s economic vision, the importance of resuming oil exports through the Iraq-Turkey pipeline, and halting all forms of smuggling and illegal practices targeting oil resources.

Earlier today, State Department spokeswoman Tammy Bruce said that Rubio emphasized to al-Sudani the need to hold accountable those involved in recent attacks targeting energy infrastructure in the Kurdistan Region of Iraq, including those operated by US companies.

Rubio also highlighted, according to the spokeswoman, US concerns about the Popular Mobilization Forces (PMF) bill currently under discussion in the House of Representatives, stressing that “enacting this type of law would entrench Iranian influence and terrorist armed groups that undermine Iraq’s sovereignty.”

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THE BAGHDAD-ERBIL AGREEMENT: A RARE OPPORTUNITY TO REVIVE THE OIL AND GAS LAW OR A TEMPORARY POLITICAL CALM?

After more than two years of tension and a halt to the Kurdistan Region’s oil exports, the Baghdad and Erbil governments reached a new oil financial agreement. The agreement stipulates that the region will hand over a share of the oil to Baghdad in exchange for covering the salaries of the region’s employees.

Although the agreement was welcomed, political and economic circles questioned whether it would pave the way for enacting the oil and gas law, which has been suspended since 2009? And whether economic necessity and political pressures have transformed into an opportunity to resolve deep constitutional and financial disputes.

The dispute between Baghdad and Erbil over the oil file is not a new development. Rather, it is the result of conflicting powers and visions regarding the management of natural resources in Iraq after 2003, particularly given the absence of a federal law regulating the relationship between the central government and the oil-producing regions and governorates.

The draft oil and gas law dates back to 2007, but it has remained in the drawers due to disputes over the supervision of oil fields, the sharing of revenues between the central government and the region, control of resources in disputed areas, and the granting of long-term contracts by the region without consulting Baghdad.

The new oil agreement, announced in July 2025, came after the region’s financial crisis escalated, with employees’ salaries accruing for two and a half months, and oil exports disrupted by the International Court of Justice ruling in Baghdad’s favor against Turkey.

The agreement stipulates the delivery of 230,000 barrels of oil per day to the region and the disbursement of 240 billion Iraqi dinars from the federal government to the region, in addition to coordinating oil and non-oil revenues within a common national vision.

However, despite the optimism of both sides, the agreement does not constitute a final solution to the oil disputes. Rather, it is viewed as a “temporary calm” until a comprehensive law is enacted.

Observers believe this agreement could present a rare political and economic opportunity to reopen the oil and gas law issue under the dome of Parliament.

In this context, the Kurdistan Democratic Party leader highlighted the impact of the recent oil agreement on the oil and gas law.

Mohammed told Al-Eqtisad News that passing the law “requires significant political consensus,” noting that disagreements remain over old fields, disputed areas, and jurisdiction.

He also stressed that the current agreement is “temporary until the next government is formed,” expecting the draft law to be resubmitted as part of a package of political understandings after the elections.

It’s worth noting that on May 19, 2025, Kurdistan Regional Government Prime Minister Masrour Barzani oversaw the signing of two energy agreements worth a total of $110 billion over their lifetime with US companies HKN Energy and Western Zagros during his visit to Washington last week.

For his part, Kazem Al-Tawki, a member of the parliamentary Oil and Gas Committee, revealed that the contracts the region concludes with foreign companies are opaque and costly for Iraq. They burden the national economy due to high production costs and a net return that falls below $15 per barrel in some cases.

Speaking to Al-Eqtisad News, Al-Tawki confirmed that these contracts, which extend for more than 50 years, are concluded without the approval of the federal government, and deprive Baghdad of oversight and accountability.

Al-Tawki believes that enacting an oil and gas law is the only way to ensure unified and fair management of oil resources, especially after the significant damage caused by the lack of coordination between the central government and the region has been proven, whether in terms of exports, revenues, or sovereignty.

Several indicators support the hypothesis that the recent agreement may be the appropriate entry point for reviving the draft oil and gas law. These include the two parties’ agreement to coordinate exports and revenues, the exposure of economic losses resulting from the halt in exports, the mounting public pressure in the region over delayed salaries, and the need for a stable legal framework to attract foreign investment.

However, obstacles remain, such as political rivalry between parliamentary blocs, regional and international pressures related to the Kurdish oil file, and the sensitivity of the Kirkuk file and the disputed territories.

Despite the fragility of the recent oil agreement, it may represent a rare historic window to open the oil and gas law file, provided there is political will and legislative flexibility. The Iraqi economy cannot bear further financial bleeding, and Kurdish citizens are no longer able to bear the burden of political conflicts, according to observers.

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BARZANI EXPRESSES THE REGION’S READINESS TO NEGOTIATE THE OIL LAW AND AFFIRMS HIS REJECTION OF USING SALARIES AS A BARGAINING CHIP.

Kurdistan Regional Government Prime Minister Masrour Barzani announced on Saturday the region’s readiness to enter into negotiations with the federal government regarding the drafting of a new oil and gas law. He stressed the need to resume the region’s oil exports and categorically rejected the use of civil servant salaries as a means of political blackmail.

In an interview, Barzani explained that Erbil is awaiting the results of investigations to identify those responsible for targeting the oil fields, expressing his hope that Baghdad will view the region’s success as part of Iraq’s success as a whole.

He called for a constitutional solution to the salary issue by allocating an independent budget for the region within the upcoming federal budget law, noting that the region’s employees have constitutional rights that must be respected.

On the national front, Barzani affirmed the Kurds’ commitment to the position of President of the Republic, noting that the lack of political will in Baghdad is the primary obstacle to implementing Article 140 and building a balanced relationship between the central government and the region.

On the regional level, he welcomed the peace initiative between Turkey and the Kurdistan Workers’ Party (PKK), calling on the Syrian government to engage positively with legitimate Kurdish demands, and affirming the region’s commitment to relations based on mutual respect, particularly with Iran.

Barzani concluded his remarks by emphasizing the importance of regional stability, warning that any deterioration in security would have repercussions for all parties without exception.

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PM BARZANI, US CONSUL GENERAL AFFIRM NEED FOR OIL EXPORTS, KRG RIGHTS

KRG PM Masrour Barzani and outgoing US Consul General Steve Bitner met, agreeing on the need to resume oil exports, protect the Kurdistan Region’s federal entity, and secure its constitutional and financial rights

Kurdistan Region Prime Minister Masrour Barzani and outgoing U.S. Consul General Steve Bitner on Saturday affirmed their mutual agreement on the urgent need to resume the Kurdistan Region’s oil exports, protect its constitutionally recognized federal status, and secure the financial rights of its people, in a high-level meeting that underscored key strategic priorities for both Erbil and Washington.

The substantive discussions took place as Prime Minister Barzani officially received Consul General Bittner in Erbil to mark the conclusion of the American diplomat’s mission in the Kurdistan Region.

The meeting began with the Prime Minister extending his gratitude for America’s partnership. He thanked the United States for its continued support for the Kurdistan Region and offered specific appreciation for Consul General Bitner’s personal efforts during his tenure. The Prime Minister credited the Consul General for his work in further developing and advancing the bilateral relationship across all sectors.

In turn, the U.S. Consul General reciprocated the sentiment, expressing his deep appreciation for the consistent support and cooperation he received from the relevant authorities within the Kurdistan Regional Government. In his farewell remarks, Mr. Bitner stressed the strategic importance of strengthening the friendly and robust relations between his country and the Kurdistan Region.

Beyond the diplomatic farewells, the latter part of the meeting focused on critical and unresolved political and economic issues facing the region. The two sides found common ground and established a clear, unified position on several pressing matters.

A statement on the meeting confirmed that both the Prime Minister and the Consul General were in agreement on three specific and vital points.

PM Masrour Barzani shaking hands with US CG Steve Bitner:

Firstly, they concurred on the absolute necessity of resuming the Kurdistan Region’s oil exports, a crucial revenue stream that has been halted for over a year.

Secondly, they emphasized the shared goal of protecting and respecting the federal entity of the Kurdistan Region as enshrined in the Iraqi constitution.

Finally, they agreed on the importance of securing the constitutional rights and financial entitlements of the people of Kurdistan, a reference to the ongoing disputes with Baghdad over budget allocations and salary payments.

The meeting concluded on this note of mutual understanding, reinforcing the alignment between the Kurdistan Regional Government and the United States on foundational issues of economic stability, constitutional integrity, and the rights of the Kurdish people.

Throughout his tenure, Consul General Bitner became known for his distinctive approach to public diplomacy, frequently releasing video messages in which he addressed the people of the Kurdistan Region in the Kurdish language.

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Monetary Policy, Monetary Stability Approach, and Digital Transformation 2023-2025

Among the new economic publications, the book “Monetary Policy in Iraq, Monetary Stability Methodology, and Digital Transformation 2023-2025” was released by financial expert Samir Al-Nusairi. 

This book addresses several economic and monetary themes, reflecting the Central Bank of Iraq’s orientations and its financial and banking reform policies in recent years, specifically for the period 2021-2026, with a strategic outlook extending to 2025.

Chapter One: The Central Bank and Opportunities 

monetary stability

The author sheds light on the methodology of monetary policy, discussing the functions and objectives of the Central Bank of Iraq, the challenges facing monetary policy, and presenting the steps towards monetary stability and the pillars of monetary policy for the period 2021–2023.

Chapter Two: Digital Transformation and Financial Inclusion

The chapter reviews the Central Bank’s efforts in digital transformation, developing electronic payments, and supporting financial inclusion, in addition to developing payment systems and government support for information technology and cybersecurity.

Chapter Three: The Central Bank’s Strategy for Financial and Banking Reform 2024-2025

This chapter covers the strategic objectives of the reform, the Bank’s vision for 2025, the activation of economic measures, the regulation and financing of trade, and the management of economic challenges and variables.

Chapter Four: Government Support for Achievement 

banking reform

The importance of cooperation between government agencies and the Central Bank is highlighted, with discussions on the comprehensive banking reform project, the role of the private banking sector, the International Monetary Fund, and the vision for reform in Iraq.

Chapter Five: Exchange Rates 

and recovery procedures

It addresses the causes of exchange rate fluctuations, the factors affecting stability, particularly the difference between the official and parallel rates, and the government’s role in stimulating the private banking sector.

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IRAN’S QUDS FORCE CHIEF HELD SECRET MEETINGS WITH IRAQI SHIITE LEADERS

The commander of Iran’s Quds Force, Esmail Qaani, paid a brief, unannounced visit to Baghdad in recent days, where he met with senior figures in Iraq’s Coordination Framework.

Informed sources told Shafaq News that Qaani’s visit lasted approximately ten hours and included separate meetings with former prime minister and State of Law Coalition leader Nouri al-Maliki, National Wisdom Movement (Al-Hikma) leader Ammar al-Hakim, Fatah Alliance head Hadi al-Amiri, and Islamic Supreme Council of Iraq leader Humam Hammoudi.

The discussions, the source revealed, focused on regional developments and Iraq’s internal political landscape, with particular attention to upcoming elections and shifting alliances within the Shiite-led Coordination Framework, a major political bloc supported by Tehran.

The Iranian commander did not meet with Iraqi Prime Minister Mohammed Shia al-Sudani during this visit.

This marks Qaani’s second visit to Baghdad within two months. On June 28, he reportedly met with figures from the Popular Mobilization Forces (PMF), an umbrella of mostly Shiite paramilitary groups backed by Iran.

No official statements have been issued by either the Iraqi or Iranian sides regarding these meetings.

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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

ABOUT THE NEWSLETTER:

July 22, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today.  No RV yet, but promising news! 😊 In fact I would say it is all WOW! WOW! WOW! news.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below.

Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love for YOU with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. I am saying this takes time and is like a third job.

I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.

 Let’s all try to chip in!

____________________________________

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”

More news….

PARLIAMENTARY OIL COMMITTEE: OIL AND GAS LAW SUSPENDED FOR POLITICAL REASONS RELATED TO KURDISH TERMINOLOGY

Member of the Parliamentary Oil and Energy Committee, MP Ali Mashkoor, confirmed on Sunday that the oil and gas law is suspended for purely political reasons related to Kurdish terms that are to be included in its provisions. Mashkoor said in a televised interview followed by (IQ): “Even the oil and gas law is suspended, not for technical reasons, but for purely political reasons related to Kurdish terms that are to be included in the law.”

(Later on you will read an article that lines up with the beginning of what should be included in the Oil and Gas Law and so hope to get this law passed soon is not really off the table. Why should Kurdistan keep pumping oil when their share of the oil revenues are not being paid to them. The GOI is already 3 months behind in payments, including July’s. They also see that the CBI brags about $110 billion dollars in reserves and so what are they to think?)

More news….

THE US HAS STOPPED SENDING CASH DOLLARS TO IRAQ. IS THIS THE BEGINNING OF A BLOCKADE?

Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq, a move described as potentially the beginning of a “financial blockade” on some Iraqi banks involved in currency smuggling and money laundering.

(The operative word is “completely” not just to some banks. This will force getting off the sole peg to the US dollar. Do you see the strategy Iraq is playing out here? They desperately need to get off this peg and to a “basket” of currencies the IMF already has lined up to use.)

According to a source who spoke to Al-Mustaqilla on condition of anonymity,  Washington’s decision does not pertain to Iraq as a country, but rather targets specific banks suspected of involvement in suspicious dollar transfers to countries subject to international sanctions. This has angered the US Treasury, prompting it to tighten controls on dollar movement within the Iraqi market.

Sudden drop in exchange rate after the decision

Remarkably, the US decision coincided with a significant decline in the dollar exchange rate in the Iraqi market. Experts interpreted this as a natural consequence of the restrictions on the circulation of cash and the prevention of its smuggling abroad. This led to an increase in supply in the local market and a temporary decline in its price.

The source indicated that this step represents a major shift in cash liquidity management in Iraq , making it difficult for suspicious entities to continue smuggling or manipulating the currency market.

(The US has blocked dollars before but this time to EVERY bank in Iraq and Iraq as a whole. I look at this as the final nail in the coffin for the parallel market. We should see the Iraq dinar rise to very close to 1100 very soon. We would like to see a target of 1000. Do you know why? )

More news….

THE DINAR IS RECOVERING AND THE EXCHANGE RATE IS DECLINING TOWARDS THE OFFICIAL RATE.

Samir Al-Nusairi

For several months in 2025, the US dollar exchange rate has continued to decline against the Iraqi dinar, recovering by around 13 points. It is expected to gradually decline to approach the official exchange rate during the coming period of this year, in accordance with the Central Bank’s strategy and ongoing measures for comprehensive banking reform, regulating foreign trade financing, and transitioning to direct dealings between our banks and correspondent banks, in addition to complying with international banking standards.

This confirms that the wise monetary policy adopted by the Central Bank has contributed significantly to the stability of the exchange rate and the decline of the parallel market to the lowest possible level.

(Could the reason also be that the US Treasury now just cut off “completely” all dollars to Iraq? The reason they had to do this is because the Central Bank could not control the dollar still in many of the private banks from money laundering. So, let’s get the story correct. This is proof enough that the CBI’s work is not fixing all the problems. This is why the US Treasury is not in Iraq stationed still in the CBI headquarters taking up an entire floor. See article below…. ☹)

More news….

SOURCE: NEW DIGITAL BANK IN IRAQ THREATENED WITH INTERNATIONAL SANCTIONS OVER MONEY LAUNDERING

An informed source said that a new digital bank in Iraq, linked to a prominent political figure, faces international scrutiny and potential sanctions in the coming period due to serious financial cases related to money laundering and smuggling funds abroad.

The source, who spoke on condition of anonymity, confirmed to Al-Mustaqilla’s correspondent that investigations conducted by international and security agencies revealed the bank’s involvement in suspicious financial transactions, most notably the issuance of fake bank cards used to transfer illegal funds outside Iraq. This has sparked widespread concern within the local and international banking community.

(Sounds to me like the CBI DOES NOT have the corruption yet under control?)

STATUS OF THE RV

LOL, LOL  to all you TNT followers. So, I guess your great pied-piper leader did not get the correct information for all you gullible puppets out there for this weekend’s RV? Oh… I guess his purely speculative prediction from his “secret” sources didn’t pan out…lol… AGAIN? Oh…I wonder why! Oh…. But this was only about the thousandth time! Good luck with all this bullshit.

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Yes, No RV yet. But I do have some wonderful news for everyone that shows us significant changes are coming. This news is all FACTUAL. We don’t have to guess or predict. We can see the writing is on the wall. There is going to be a situation soon that will allow the CBI to conduct the Project to Delete the Zeros and then move on to the reinstatement. We already read in the article titled “THE DINAR IS RECOVERING AND THE EXCHANGE RATE IS DECLINING TOWARDS THE OFFICIAL RATE” that the CBI predicts the parallel market rate to equal the “official” CBI rate this year. Is this not what my contact told me we wanted to see prior to the Project to Delete the Zeros? But this is only the start of the WOW! news for today. So, let’s continue….

So, let me explain these new developments that will lead help us see the RV is coming soon. To get to this news I first have to refer to the IMF Article 4 consultation review with Iraq just completed a couple weeks ago. These sessions give the IMF member professional advice on the economy, what to expect in the future and advice how to prevent any negative impacts. The IMF issues their results and there are many negative issues they must work on, but this is constructive information as there is always work to be done to improve. The best part of all this is the follow-up statements in an official brief the IMF made about Iraq’s exchange rate arrangements which I will now address.

😊Please see article titled “THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.”

This article is about a brief that goes on to say as part of a follow-up to last week’s report on the state of the Iraqi economy from the completion of the Article 4 Consultations, the IMF clarified as follows: ” Exchange Rate Arrangement “Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement.

I quote from the IMF site Classification of Exchange Rate Arrangements and Monetary Policy Frameworks — as of December 31, 2003     

First let’s ask ourselves why did the IMF issue this policy statement in December 2003? Oh…. Didn’t Iraq get invaded for the second time in 2003 Operation Iraqi Freedom in March of that year? Just saying…. The IMF was setting up plans to monkey with the peg on the dinar at that time as the eventually did in October 2004. Folks you have to understand that what we are witnessing with Iraq and the dinar is not coincidental. It is all well planned out ahead of time. The only variance is the timing, as many worldly events are not always predictable and under their control and go amuck. My point is that their plans will be executed and completed no  matter how long it takes. As investors only we get impatient. We listen to these RV intel gurus and their lies that make us believe it always just around the corner.

Now let me quote from the IMF site below:

“Other Conventional Fixed Peg Arrangements

The country (formally or de facto) pegs its currency at a fixed rate to another currency or a basket of currencies, where the basket is formed from the currencies of major trading or financial partners and weights reflect the geographical distribution of trade, services, or capital flows. The currency composites can also be standardized, as in the case of the SDR. There is no commitment to keep the parity irrevocably. The exchange rate may fluctuate within narrow margins of less than ±1 percent around a central rate-or the maximum and minimum value of the exchange rate may remain within a narrow margin of 2 percent-for at least three months. The monetary authority stands ready to maintain the fixed parity through direct intervention (i.e., via sale/purchase of foreign exchange in the market) or indirect intervention (e.g., via aggressive use of interest rate policy, imposition of foreign exchange regulations, exercise of moral suasion that constrains foreign exchange activity, or through intervention by other public institutions). Flexibility of monetary policy, though limited, is greater than in the case of exchange arrangements with no separate legal tender and currency boards because traditional central banking functions are still possible, and the monetary authority can adjust the level of the exchange rate, although relatively infrequently.”

Take a look at this…

😊 Knowing that Iraq has ended the currency auctions and moved to correspondent banks for import payments also remember that the US had already restricted cash flow of dollars from Iraq in some banks, we hear that the dollars are drying up even more in article titled “FOR THE THIRD CONSECUTIVE MONTH, THE CENTRAL BANK OF IRAQ SAW A SIGNIFICANT DECLINE IN DOLLAR SALES.”  The head of the Iraq Future Foundation, Manar al-Obaidi, revealed on Monday that the Central Bank of Iraq’s foreign currency sales declined during the month of June. Al-Obaidi said in a post on his Facebook page, followed by Shafaq News Agency, that “the Central Bank’s foreign currency sales decreased for the third consecutive month. So, this is just not a short-term occurrence but a trend. It is the future of the monetary policy.

😊None of this news should be new to us as we have reviewed this “conventional” peg and the form now used by Iraq as De Facto. But here is the good part about this news. One is that this brief is recent from July 16, 2025 not 20 years ago. Next is that it coincides nicely with the announcement by the US Treasury to “completely” halt all dollar transfers to Iraq. Please see article titled “THE US HAS STOPPED SENDING CASH DOLLARS TO IRAQ. IS THIS THE BEGINNING OF A BLOCKADE?” Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq, a move described as potentially the beginning of a “financial blockade” on some Iraqi banks involved in currency smuggling and money laundering.

Now what did my CBI contact tell me over the weekend?

She told me that this complete halting of the dollar to Iraq will put pressure on the US Treasury to allow the IMF to finally shift the peg of the dinar from the sole de facto peg to the basket of currencies peg the IMF has recommended. This will shift the weight of risk from 100% US dollar to percentages of weights divided between the currencies in the basket. This would shift the drag on the dollar in Iraq to the basket. The dollar may still have a majority weight but not the full brunt, as it does today. This will coincide with what the US Treasury just did to Iraq, as “completely’ halting all dollar transfers to Iraq. This was necessary and although it may not be worded as such in the article, it was actually part of the plan all along.

She then went on to said this move won’t take long as we can expect to see a sudden upwards trend in the dinar as the dollar is going to sink in Iraq. This will force the CBI to make this second revaluation of the dinar we have been talking about for so long since 2023. When this happens, the situation will then allow the Project to Delete the Zeros to occur. So, she told me to ask myself – why would the IMF issue such a brief to the general public now of all times about Iraq explaining the conventional pegs and the current exchange rate arrangements, if they were not about to shift the peg. They just educated the public.

My contact has also reminded me that the exchange rate of 1320 has been in place and has not fluctuated within the narrow margins requirement allowed by the IMF for at least three months. She said the brief specifically points out and she quoted to me from the brief that “Effective February 8, 2023, the official exchange rate was set at ID 1,320”.  She said so, the IMF is telling the CBI that Iraq has met the 3 months requirement of a stable rate on the dinar so this may not take 3 more months but rather quicker than that for this process to get underway.   

😊Okay, so now you read all this news from above. What amazes me next is that just days later the IMF comes out with another statement in an article telling us how “stable” Iraq is. Please go read the article titled “IMF: IRAQ HAS SUCCEEDED IN MAINTAINING ITS INTERNAL STABILITY.” I quote from the article “The International Monetary Fund (IMF) confirmed on Saturday that Iraq has succeeded in maintaining its internal stability despite regional tensions, while indicating that the inflation rate in Iraq has remained low.”

Folks you have to remember what some the major economic indicators used by the IMF are. “Inflation Rate” is one of the major indicators the IMF uses to monitor an economy. The other, of course is GDP growth. But let’s stick to what was just said to us in this article and why they talked inflation rate and not the GDP. They talked about inflation because after any major change in the exchange rate, the IMF then likes to take a step back and monitor the economy for any major reactions to the rate change. Closely monitoring the inflation rate afterwards is how they do this. So, what the IMF is telling us now is the baseline inflation rate and that they are about to make a another major change in the exchange rate of the dinar and want to balance the inflation rate, keeping it close to what it is. By the way Iraq only has about a 1% inflation rate now so this may be their gauge they will use.

What else is in the news?

😊In the article titled “IRAQ APPROVES DEAL TO RESOLVE FINANCIAL, OIL DISPUTES WITH KRG”. Hurray, Hurray! Iraq’s Council of Ministers on Thursday approved a new financial agreement with the Kurdistan Regional Government (KRG), paving the way for the resumption of salary payments to the Region’s public employees and the restart of the Kurdish oil exports. Also in the news to follow up is article

“NEWS PUBLISHES THE TEXT OF THE AGREEMENT BETWEEN BAGHDAD AND ERBIL REGARDING SALARIES AND THE REGION’S OIL.” If you take the time to read this short article you can easily see this is a work in-progress document and is only a small part of getting to the final Oil and Gas Law. But it’s a start and is all good.

Folks just remember that Iraq can pump to hits heart content, but this rentier economy is not going to get us the RV. How many times must the CBI tell us this. Iraq needs a diverse economy, thus to diversify or at least satisfy the powers-to-be that they are sincere enough in progression towards these goals and solidly moving in this direction, with near term revenue streams from it. Remember that the Development Road Project is the key to this diversification as the revenue from the customs and tariffs along could potentially equal the oil revenues from Kurdistan.

😊 While I am on this subject matter let’s look at article titled “GOVERNMENT ADVISOR: STRATEGIC FRAMEWORK AGREEMENT AN OPPORTUNITY TO OBTAIN COMPREHENSIVE EXEMPTION FROM TRUMP TARIFFS”. The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that the customs duties imposed by the US President on exports are not causing any real harm to the Iraqi economy. He also indicated that the Strategic Framework Agreement is an opportunity to secure a comprehensive exemption from the duties.

Yes, why not use the Strategic Framework Agreement as leverage to get something Iraq wants for a change….. lol…. I only mentioned this because if they can overcome these US tariffs it’s only more mulla for Iraq… Get it?

So now let’s connect more to see yet a clearer picture….

😊 In another article titled “IRAQ’S ACCESSION TO INTERNATIONAL FINANCIAL INSTITUTIONS ENHANCES ECONOMIC DEVELOPMENT OPPORTUNITIES.” We find that as part of its efforts to strengthen its financial presence on the international stage and diversify funding sources for its service and construction projects, Iraq has taken a significant step by joining two of the most prominent multilateral financial institutions: the European Bank for Reconstruction and Development and the Asian Infrastructure Investment Bank. Why is this news so good today?

Remember that money does not grow on trees and so to build the necessary infrastructure to support these projects along the Development Road and all these planned industrial cities will take billions. Where will this money come from?

In the article economic expert Ahmed Makalaf believes that “there has not yet been any direct benefit from Iraq’s joining the Asian Infrastructure Investment Bank. Rather, the benefit is long-term, not immediate. The real immediate benefit is in giving Iraq an international standing and a good reputation from an economic perspective.”

“The development road will be a gateway for the Asian Development Bank to enter Iraq with projects,”  Did you read this statement. Now you know the strategy in Iraq accession to access these banks now – European Bank for Reconstruction and Development and the Asian Infrastructure Investment Bank. They need these banks to invest in the Development Road Project. Iraq needs the “mulla” to build….. lol..lol..

😊 If this news about the banks and access to potential investment funds is not good enough let’s look at this next article titled “STRENGTHENING THE NATIONAL ECONOMY… PARLIAMENT PREPARES TO APPROVE THE INDUSTRIAL INVESTMENT LAW”. In the article representative Firas Al-Maslamawi, spokesman for the Reconstruction and Development bloc in parliament, confirmed on Saturday that there is a clear desire among most political blocs to pass several important laws during the final legislative session, most notably the Popular Mobilization Forces Law and the Industrial Investment Law. We know that the Industrial Investment Law has a significant impact on developing the industrial sector, and its passage will bring a qualitative leap forward for this vital and important sector. Oh…. Did I mention that the World Trade Organization (WTO) has been waiting for the passage of this law prior to announcing “full accession” to the WTO for Iraq? All I can say is connect the dots… something BIG is coming… Please go rear the last paragraph of the article in the Articles Section.

I also want to mention the Popular Mobilization Forces and this Law. Remember that this law is all about how to deal with the Iranian leftover Kud forces that came into Iraq to help fight ISIS. I keep asking why they don’t just go back to Iran where they belong, as I look at them as occupying forces inside Iraq. There is always so much rhetoric about the US forces in Iraq, well how about these forces, as they walk the streets daily armed. At least American forces stay on their bases, unless on the move with a mission.

Yes, it is already proven they are the ones launching rockets at US bases too. This is why President Trump says they must be dealt with. They are cutting their own throats by their terrorism against US bases. Could Trump us this as yet another issue to force them to do since they haven’t done it yet since 2014. Yes, 11 years already. By the way salaries are being paid to these forces since 2014. Many also integrate into society and take up Iraqi jobs. 

Folks I also know that President Trump has set a deadline on Iraq to make certain changes and resolve particular issues. The main issues are: 1. with the oil payments to Baghdad from Kurdistan, thus Trump knows about the constitutional referendum to manage the oil called the Oil and Gas Law that still is not passed in parliament, as required by the 2005 constitution and 2. Dealing with the Iranian militias in Iraq (known as the Iranian Popular Mobilization Forces) and 3. Issues with the dollar still being funneled to Iran

This Trump deadline is approaching, according to my CBI contact and now articles just came out to back up what she has been telling me. What will happen if this deadline comes and still these issues are not resolved? Does this deadline include a reinstatement of the dinar?

There are still so many questions to ask about what is happening in Iraq. But if we follow the news carefully, we can see what is trending. We must continue our sincere prays to our Father in Heaven. I believe it is only God that is going to save Iraq and through this salvation we will see the reinstatement of their currency. Yes, many of you will doubt me and stick to just the physical signs you see but you forget that God works through the physical world and you only need to go read the bible and all the stories in it about the past civilizations and how God works His miracles. So, why not connect in prayer with God and tell Him what you want (or need).

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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 is here. Was He lying to us? Remember that these globalists satanic cult have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end to maintain control over you. If all else fails, they will get more and more desperate to overcome the good trying to rebuild and free our nation.

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.

From God to the PROPHET:  Julie Green

The prophetic words seem to be getting more powerful which usually means we are coming to a climatic period and intensity as to when events begin to happen.

Prophecies Fulfilled “UNPRECEDENTED”.

Folks you can’t make this stuff up. When I watched this ‘prophecies fulfilled’ the very first thing that came to mind was the word “unprecedented” used in all these reports of events that happened during this period of time. Is this coincidental that all these news channels and organizations would use this word? This is the exact word that God used in the prophecy. I believe God does this to get our attention. To know that he is real and working behind the scenes to help us. We are not alone.

If this is not enough then look at the events that were “unprecedented”. WOW! WOW! WOW! So, you are still skeptical about the prophetic word?

“THE CIA’S DARK SECRETS OF THEIR CONTROL OVER THIS NATION WILL SOON BE EXPOSED”

The prophecy today can be found at the 10:11 minute mark on the video.  From July 6^th.

Oh boy, Oh boy this one is really juicy. WOW! You don’t want to miss this one. Remember how I have been talking about the corruption in the CIA in the US and in the Middle East. Listen carefully. You hear who was behind many of these past events and what was to be the result, but plans fell apart.  

I wondered when God would finally come to exposing the CIA. We are about to see it.  

We will never see the end to the corruption in the US government without first cleaning up the Central Intelligence Agency (CIA). It is at the root of the problem. Kill the root you kill the plant, get it? Cut the head off the snake it can’t grow back.

I wanted to present a series of news that came out. I broke it down into four (4) parts for you in the hope you can better understand it. Remember this is moving fast and progressing quickly. What will the Attorney General Pam Bondi decide to do?

PART 1 of 4:

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Part 2 of 4:

Prophecy in action: This last prophecy comes out from Julie Green and then just days later this is in the news, see video below.

THE CIA MUST BE CLEANED UP NEXT.

If you have dead fish scraps in the garbage eventually its going to stink. The only way to get rid of that nasty smell is to TAKE OUT THE GARBAGE! Do you get my point?

PART 3 of 4:

If it could get yet more amazing, it does. God sends this next prophecy to us.

He is cleaning up the establishment deep state and it is happening NOW not years from now. This is the time.

“Exposing And Bringing Who Really Controls The Establishment In DC”

The prophecy today can be found at the 10:11 minute mark on the video.  From July 19^th. 

PART 4 of 4:

DOJ RECEIVES CRIMINAL REFERRAL ON OBAMA

Yes, but let’s see if anyone is actually prosecuted or if this just another round of circus again. As Americans aren’t you fed up yet with all this talk over and over again but no one high-up ever seems to be prosecuted and goes to jail?

TULSI GABBARD: OBAMA COULD BE PROSECUTED FOR TREASON.

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THE ‘BIGGEST SCANDAL’ IN AMERICAN POLITICS

Next the news moves on to, yet another scandal being exposed. This one is going to ultimately expose that the real Biden was not even sworn in as president. Who was really running the Whitehouse for the last administration? I believe this will also be connected to Barrack Obama. He is going to get deep in mud over his head.

AMERICANS DEMAND ARRESTS AFTER ANOTHER BIDEN AIDE PLEADS THE FIFTH

WHAT BYRON DONALDS IS PLANNING COULD ERASE THE ENTIRE BIDEN PRESIDENCY

Folks these headliner words are right out of the prophetic words from God we have been hearing for the last 4 years. WOW!

THE “SQUAD” IS CRUMBLING BEFORE OUR EYES. WHO’S NEXT?

DOUBLE TROUBLE FOR SHIFTY SCHIFF. LOOKS HE’S IN DEEP SCHIFF THIS TIME….

Yes, “no one is above the law”. Yes, pencil neck that also applies to YOU!

THE DOJ IS NO LONGER PLAYING NICE

THE INTERNATIONAL MONETARY FUND (IMF) HAS ISSUED A BRIEF EXPLAINER ON IRAQ’S EXCHANGE RATE ARRANGEMENT.

16th July 2025 

By John Lee.

As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows:

“Exchange Rate Arrangement

“Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement. The Central Bank Law gives the Board of the Central Bank of Iraq (CBI) the authority to formulate exchange rate policy.

“Effective February 8, 2023, the official exchange rate was set at ID 1,320 according to the closing prices of the daily bulletin of gold & main currencies published on the CBI website (www.cbi.iq).

“There has been a change to Iraq’s exchange system since the last Article IV Consultation. Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any restrictions under this provision. Iraq does not maintain any current account exchange restrictions or MCPs [Managed Currency Pegs]. Starting January 2025, all international transactions have been routed through commercial banks via their correspondent banking relationships (CBRs).

“The Central Bank of Iraq (CBI) replenishes these balances weekly based on foreign exchange demand and conducts audits to ensure that the allocated funds are used in compliance with AML/CFT regulations. Private banks are also encouraged to broaden their CBR networks, particularly with non-U.S. financial institutions.”

As part of a follow-up to last week’s report on the state of the Iraqi economy, the IMF clarified as follows: ” Exchange Rate Arrangement “Iraq’s de jure and de facto exchange rate arrangements are classified as a conventional peg arrangement.

(This is a very long article by the IMF and so here is a link to the rest, if you desire to read it all. It is very good news from the IMF and in fact shows us that the IQD may sooner than later be international.)

Iraq Banking & Finance News, Politics

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NEWS PUBLISHES THE TEXT OF THE AGREEMENT BETWEEN BAGHDAD AND ERBIL REGARDING SALARIES AND THE REGION’S OIL.

(If you read this you can easily see this is a work in-progress document and is only a small part of getting to the final Oil and Gas Law. But it’s a start and is all good.)

News publishes the text of the agreement between Baghdad and Erbil regarding salaries and oil in the Kurdistan Region of Iraq.

The following is the text of the agreement, according to a statement from the office of Prime Minister Mohammed Shia al-Sudani:

The Council of Ministers decided the following:

First: Oil delivery file:

1-The regional government shall immediately begin delivering all oil produced from the oil fields in the region to the State Oil Marketing Organization (SOMO) for the purpose of export. The Federal Ministry of Finance shall be obligated to pay an advance to the regional government in the amount of $16 (in kind or cash) for each barrel received in accordance with the law amending the budget law, provided that the quantity received is not less than the current 230 thousand barrels per day, and any increase in production shall be added to it through the Joint Measurement and Calibration Committee. In the event that exports are halted for any reason, the entire aforementioned quantity shall be delivered to the Federal Ministry of Oil.

(Clarification: The total production currently amounts to 280,000 barrels per day, according to the region’s reports, of which 50,000 barrels per day are allocated for local consumption in the region, and the remaining 230,000 barrels per day, as well as any future increase in production, are delivered to SOMO for export purposes.)

2-A quantity of 50 thousand barrels per day shall be allocated for local consumption purposes in the region, provided that the regional government is committed to paying the costs of production and transportation for this quantity, and that the revenues from the sale of petroleum derivatives shall be transferred to the federal public treasury after deducting the costs of production, transportation and refining. In the event that the region needs it, the federal Ministry of Oil shall, in accordance with the law, supply the region with quantities of products, not exceeding the refining output of 15 thousand barrels of crude oil per day. A joint committee from the federal Ministry of Oil and the Ministry of Natural Resources in the region shall evaluate the region’s actual need for petroleum products for the purpose of allocating them, provided that it submits its report within two weeks to the federal Council of Ministers for decision.

Second: Non-oil revenues file:

1- The regional government shall deliver an amount of (120) billion dinars as an initial estimated payment for the state treasury’s share of non-oil revenues for the month of May to the Federal Ministry of Finance, to be settled after the audit is completed in accordance with paragraph (2) below.

2- A working group shall be formed from the Federal Ministry of Finance and the Federal Board of Financial Supervision, in coordination with the Ministry of Finance and the Board of Financial Supervision in the region, for the purpose of classifying and auditing non-oil revenues and determining the federal government’s share thereof, starting from May 2025, taking into account the values of non-oil revenue rates according to the audit balances mentioned in the joint reports between the Federal Board of Financial Supervision and the Board of Supervision in the region, since the entry into force of the Federal General Budget Law, and the team shall submit its report within two weeks to the Federal Council of Ministers for consideration.

3: A joint committee shall be formed between the federal government and the regional government to complete the localization of salaries in the region in accordance with the decision of the Federal Court, provided that it completes its mission within a period not exceeding three months, and funding at the end of the aforementioned period shall be exclusively for the localized salaries.

4: A team will be formed from the Federal Ministry of Finance and the Federal Board of Financial Supervision, in coordination with the Ministry of Finance and the Board of Financial Supervision in the region, to determine the amount exceeding the region’s share of actual spending and how to address it in accordance with the Federal General Budget Law for the years (2023-2024-2025), provided that its report is submitted within a maximum period of two weeks to the Federal Council of Ministers.

5: The Ministry of Finance will begin disbursing salaries to the region’s employees for the month of May as a start to implementing the agreement after the Federal Ministry of Oil/SOMO approves the receipt of the full quantity of oil mentioned in paragraph 1 (currently 230,000 barrels per day) at the port of Ceyhan, in accordance with the law.

6: The periods mentioned in this decision shall begin from the date of its approval by the Council of Ministers.

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IRAQ APPROVES DEAL TO RESOLVE FINANCIAL, OIL DISPUTES WITH KRG

 Iraq’s Council of Ministers on Thursday approved a new financial agreement with the Kurdistan Regional Government (KRG), paving the way for the resumption of salary payments to the Region’s public employees and the restart of the Kurdish oil exports. 

“The federal government at the Council of Ministers meeting today decided to release May salaries [of KRG’s civil servants],” Iraqi Justice Minister Khalid Shwani, a Kurd, told Rudaw, adding that subsequent months’ salaries will be released after “they are audited by special commissions.”

An informed source in Baghdad told Rudaw, on condition of anonymity, that May salaries are expected to be disbursed on Sunday – over two months after transfers were halted due to a budget dispute between Baghdad and Erbil.

Shwani said the agreement is set to remain in effect through the end of the year and represents “a long-lasting framework” for financial cooperation between the federal and regional governments until a new budget law is passed in 2026.

According to the agreement, a copy of which has been seen by Rudaw, the KRG is obligated to export all of the oil produced from its fields – estimated at 230,000 barrels per day – through Iraq’s State Oil Marketing Organization (SOMO). The KRG will retain 50,000 barrels per day for local consumption, covering production costs, while the federal Ministry of Oil may provide refined oil products equivalent to 10,000 barrels per day if needed.

The KRG is also obligated to hand over 120 billion Iraqi dinars (nearly $92 million) in non-oil revenues monthly for each month of May and June. In return, the federal Ministry of Finance will pay the KRG $16 per barrel as production fee, in accordance with the amended federal budget law. International oil companies operating in the Kurdish region will receive some of the fee. 

A working group from both the federal and regional Boards of Supreme Audit will review and classify oil revenues and determine Baghdad’s share within a month.

The Ministry of Finance is expected to “immediately begin disbursing” salaries for May, June, and subsequent months, according to the text of the agreement.

“We welcome this step and expect the Federal Government to send the salaries and financial entitlements of the Kurdistan Region,” said Kurdistan Region Prime Minister Masrour Barzani in a statement. 

“I have great appreciation for the patience and endurance of the people of Kurdistan,” he said, adding that “I hope that salaries and financial entitlements, which are the legitimate right of the people of Kurdistan, will no longer be mixed with any problems or disputes, and that we resolve our issues within the constitutional framework and with respect for agreements.”

Minister Shwani said the deal also accounts for emergency situations that may prevent the KRG from fulfilling its commitments.

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SABOTAGE OPERATIONS HOVER OVER KURDISTAN’S OIL… THE IRAQI ECONOMY IS IN THE LINE OF FIRE.

Oil advisor Govind Shirwani revealed on Thursday (July 17, 2025) the extent of the heavy losses caused by drone strikes on oil fields in Kurdistan, warning of catastrophic repercussions that threaten the entire national economy.

In a statement to Baghdad Today, Sherwani said, “Four of the region’s main oil fields have suffered severe damage as a result of drone strikes,” noting that “the situation may prompt foreign companies operating in these fields to temporarily suspend their operations until genuine security guarantees are provided for the safety of their personnel and the continuity of their operations.”

He added, “Targeting these facilities not only affects the region, but also deeply impacts Iraq’s oil economy as a whole, especially in light of the talk of a new agreement to deliver oil to SOMO,” emphasizing that “the biggest loser from this escalation is the Iraqi people and their economy.”

Sherwani warned that the continuation of these attacks could lead to a broader withdrawal of oil companies, undermining the achievements of the regional government’s negotiations with the federal government, saying, “What politics has built is ruined by marches.”

These developments come at a sensitive time regarding the oil dispute between Baghdad and Erbil, amid attempts to consolidate revenues and strengthen trust between the two sides, while recent attacks threaten to return matters to square one.

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REP. CONGRESSMAN WARNS AL-SUDANI: FREEZE ON OIL FUNDS LOOMS

Following UN Security Council Resolution 1483 in May 2003, Iraq’s oil and gas export revenues have been deposited in a special account at the US Federal Reserve known as the Development Fund for Iraq (DFI Fund). Five percent of these revenues were allocated to compensate Kuwait for damages from the 1990 invasion — a process that concluded in 2022 after Iraq completed payments totaling approximately $52.4 billion.

US Republican Congressman Joe Wilson called for preventing Iraq from accessing its oil revenues held at the Federal Reserve, as a means to pressure Iraqi Prime Minister Mohammed Shia al-Sudani to stop attacks on foreign oil companies operating in the Kurdistan Region.

Posting on X, Wilson wrote, “Attacks by Iran-backed Iraqi militias against US forces and American oil companies in the Kurdistan Region of Iraq will not be tolerated. ” urging al-Sudani to take decisive action, or “face serious consequences.” Attacks by Iran-backed Iraqi militias against US forces and American oil companies in the Kurdistan Region of Iraq will not be tolerated. Iraqi oil funds must no longer use the @federalreserve and Iraqi PM @mohamedshia must take decisive action or risk severe consequence.

— Joe Wilson (@RepJoeWilson) July 17, 2025

Meanwhile, A recent wave of nine drone attacks has dealt a serious blow to the Kurdistan Region’s oil sector, triggering shutdowns and placing vital infrastructure under growing strain.

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IRAQ’S CASH RESERVES AND THE NEED TO REFLECT THEM ON DAILY LIFE

Whether Iraq’s foreign exchange reserves rise or fall, they dominate the news and financial reports about the national economy. The latest announcement was that it reached $106.7 billion in its treasury, but these reserves are deposited outside the country. It occupies third place in the Arab world after Saudi Arabia and the Emirates, and surpasses Kuwait, Qatar, and Egypt. Meanwhile, gold reserves exceeded 163 tons, which makes Iraq fourth in the Arab world after Saudi Arabia, Lebanon, and Algeria.

However, the largest part of the reserve is located in American banks, and the government has no absolute control over its use except within narrow and marginal limits, and it is not moved except with the approval of the American Treasury. That is, it is not available to the Iraqi government to dispose of it as it sees fit and to implement its economic plans.

Development in any country is measured by the quality of services provided to its citizens, including electricity, water, education, and health. All of these services require funding to improve them, build new ones, and overcome the backwardness that plagues them. Development is measured not by hoarded, frozen gold, but rather by its use in achieving sustainable development.

These attractive resources and others require a stable, unvarying political environment and climate, and a solid system of government, in order to exploit the vast resources, activate the national economy, and build a transparent competitive environment for foreign companies to invest in Iraq. It is necessary to reform the existing political authority and the legal structure of the state, and to eliminate corruption and the requirements of honest responsibility, in order to make Iraq a profitable market in reality.

There is an urgent need to invest this reserve to secure the basics of living, create job opportunities for the unemployed, rehabilitate idle factories, mechanize agriculture, and reduce inflation. Before all of this, appropriate means must be found to return it to full Iraqi control and use it in development and emergency projects without restrictions that undermine sovereignty.

This financial figure pleases the citizen, makes him valuable and makes him proud of his achievement when it is used to protect the dinar, stabilize the exchange rate, end the so-called parallel market, support prices and make them available to the people, build new factories, solve the crises that citizens suffer from, alleviate their suffering and the exhaustion of their income, and raise their standard of living on all levels. In short, his country should be among the countries that possess such capabilities.

This huge cash reserve is in a state of constant danger and is subject to American policy, which can prohibit its use at any time and is subject to sanctions, the least of which is freezing or even confiscation, at the moment of independent action or divergence from American policy. Hence, it is necessary to work to ensure that the largest possible amount of it is under full and absolute Iraqi sovereignty, and that it is transformed into sustainable development projects, and that it is diversified and within the framework of the possibilities for disposing of it. We have the experiences of major and more influential countries that have what enables them to defend their rights and how they suffer from keeping their reserves abroad, controlled by the United States.

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GOVERNMENT ADVISOR: STRATEGIC FRAMEWORK AGREEMENT AN OPPORTUNITY TO OBTAIN COMPREHENSIVE EXEMPTION FROM TRUMP TARIFFS

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that the customs duties imposed by the US President on exports are not causing any real harm to the Iraqi economy. He also indicated that the Strategic Framework Agreement is an opportunity to secure a comprehensive exemption from the duties.

Saleh told the Iraqi News Agency (INA): “The US tariffs on Iraqi exports cause formal and moral damage, not real damage, to the Iraqi economy.”

He added, “The trade balance between Iraq and the United States reveals that there are no exports of significant value that warrant an additional 30% customs duty, and which represent nothing in terms of their material value.”

He explained that “Iraq exports 200,000 barrels of crude oil per day to the United States, and this commodity is essentially exempt from US tariffs, as the US President has exempted fuel (oil and gas) from the trade wars currently raging around the world.”

He pointed out that “Iraq’s imports of American goods do not exceed two billion dollars in value, and are mainly spent on telephones, digital devices, cars and their spare parts, and some types of medicines and medical devices.”

He continued, “US President Trump’s trade policies reflect his desire to maximize US exports to a number of important countries in the region, including Iraq,” noting that “the role of the Strategic Framework Agreement between Iraq and the United States, signed in 2008, can eliminate any harmful trade policies.”

He pointed out that “the framework agreement provides Iraq with a special opportunity to implement principles similar to the so-called Generalized System of Preferences for comprehensive customs exemption.”

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STRENGTHENING THE NATIONAL ECONOMY… PARLIAMENT PREPARES TO APPROVE THE INDUSTRIAL INVESTMENT LAW.

Representative Firas Al-Maslamawi, spokesman for the Reconstruction and Development bloc in parliament, confirmed on Saturday that there is a clear desire among most political blocs to pass several important laws during the final legislative session, most notably the Popular Mobilization Forces Law and the Industrial Investment Law.

Al-Maslamawi told Al-Maalouma News Agency, “The Industrial Investment Law has a significant impact on developing the industrial sector, and its passage will bring a qualitative leap forward for this vital and important sector.”

He added, “The House of Representatives is determined to make up for the missed passage of important laws during the previous legislative session, which saw a number of political blocs boycott the sessions, in addition to the regional security challenges in the region.”

He pointed out that “the majority of political blocs support the passage of laws related to reconstruction and the development of vital sectors that generate high financial revenues, in addition to the insistence of many political forces on passing the Popular Mobilization Forces law.”

Al-Maslamawi explained that “the Industrial Investment Law is one of the most prominent laws to be passed during the final legislative session, due to its pivotal role in strengthening and developing the industrial sector in Iraq.”

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IMF: IRAQ HAS SUCCEEDED IN MAINTAINING ITS INTERNAL STABILITY.

The International Monetary Fund (IMF) confirmed on Saturday that Iraq has succeeded in maintaining its internal stability despite regional tensions, while indicating that the inflation rate in Iraq has remained low.

The Fund said in a report that “Iraq has succeeded in maintaining its internal stability despite regional tensions and unstable global conditions,” noting that “the inflation rate has remained low in Iraq,” stressing “the need to implement fundamental reforms to increase non-oil revenues and control the public wage bill,” indicating that “current and investment spending plans for 2025 should be reviewed.”

It stressed that “it is necessary and urgent to reform the public pension system by raising the retirement age and reducing accumulation and replacement rates,” praising “the success of the Central Bank of Iraq in fully transitioning to the new trade finance system and its contribution to narrowing the gap between the official and parallel exchange rates.”
The Fund indicated that “the Central Bank of Iraq has begun studying reform options to strengthen the private banking sector,” stressing, “We encourage Iraq to accelerate its efforts to improve the issuance and collection of electricity bills.”

He explained that “progress has been made in implementing the National Anti-Corruption Strategy and improving the Corruption Perceptions Index,” adding that “it is essential to focus on bridging the most pressing statistical gaps and integrating pilot initiatives.” 

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IRAQ’S ACCESSION TO INTERNATIONAL FINANCIAL INSTITUTIONS ENHANCES ECONOMIC DEVELOPMENT OPPORTUNITIES.

As part of its efforts to strengthen its financial presence on the international stage and diversify funding sources for its service and construction projects, Iraq has taken a significant step by joining two of the most prominent multilateral financial institutions: the European Bank for Reconstruction and Development and the Asian Infrastructure Investment Bank.

Although the direct repercussions of this step are still in the developmental stage, economists see it as a prelude to attracting long-term financing, bolstering development efforts in vital sectors such as energy, infrastructure, and transportation, and opening the doors to international partnerships for Iraq in the post-crisis phase.

Projects and bridges

Economic expert Dr. Majid Al-Baydani explained to Al-Sabah regarding Iraq’s accession to the Asian Development Bank: “The projects currently underway in Baghdad, such as bridges and others, have no connection to the Asian Development Bank’s projects, as their funds are allocated by the state in the project budget according to the investment portion of the budget. The Asian Development Bank has no role in implementing or establishing the aforementioned projects, as the contractor may be Chinese, the implementing company may be Chinese, or another international nationality.”

He added, “The implementation of projects by the Asian Development Bank is subject to certain conditions, including that the bank selects the implementing companies, along with their own mechanisms and engineering efforts, unlike what some might imagine. Furthermore, the bank’s projects are implemented through loans from the bank and on its own terms.”

long term

Economic expert Ahmed Makalaf believes that “there has not yet been any direct benefit from Iraq’s joining the Asian Infrastructure Investment Bank. Rather, the benefit is long-term, not immediate. The real benefit is in giving Iraq an international standing and a good reputation from an economic perspective.”

“The development road will be a gateway for the Asian Development Bank to enter Iraq with projects,” the official added in an interview with Al-Sabah. “It is likely that the country will borrow from the bank to implement projects related to the road, and will likely build cooperation through this bank in financing parts of the activity for major projects related to the development road, contributing to strengthening the economy within the international environment and building strong international relations in the future.”

Membership shares

For his part, Dr. Mazhar Mohammed Saleh, Advisor to the Prime Minister, stated that as far as the distribution of capital among the participating countries in the Asian Infrastructure Investment Bank is concerned, the bank’s total capital amounts to $100 billion, with 20% allocated as paid-in capital and the remainder as callable capital. Each country is obligated to contribute its share of the paid-in capital upon joining.

sustainable development

He added: “The Asian Infrastructure Investment Bank (AIIB) is an international institution that aims to support infrastructure projects and sustainable development in Asia and beyond. The bank, headquartered in Beijing, provides concessional loans to finance infrastructure projects for member countries. This accession is a strategic step for Iraq to advance its development projects in areas such as transportation, energy, and water.”

European Bank

Regarding the benefits of Iraq joining the European Bank, Saleh said: “There is a positive correlation between building a development strategy, which is embodied today by the government’s philosophy of launching a development initiative with comprehensive sectoral economic links, called the “Development Road” project, which is the corridor and strategic project that links the European Union countries with Asia via Iraq and the Gulf maritime corridors and vice versa, on the one hand, and the requirements for implementing the various stages of the development road through the role that Iraq’s membership in the European Bank for Reconstruction and Development occupies, on the other hand, especially in terms of the advantages of obtaining European technology and ensuring the role of companies from European Union countries in implementing the development road in all its aspects, whether in infrastructure, industrial production projects, or various logistical services.”

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THE US HAS STOPPED SENDING CASH DOLLARS TO IRAQ. IS THIS THE BEGINNING OF A BLOCKADE?

Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq, a move described as potentially the beginning of a “financial blockade” on some Iraqi banks involved in currency smuggling and money laundering.

According to a source who spoke to Al-Mustaqilla on condition of anonymity, Washington’s decision does not pertain to Iraq as a country, but rather targets specific banks suspected of involvement in suspicious dollar transfers to countries subject to international sanctions. This has angered the US Treasury, prompting it to tighten controls on dollar movement within the Iraqi market.

Sudden drop in exchange rate after the decision

Remarkably, the US decision coincided with a significant decline in the dollar exchange rate in the Iraqi market. Experts interpreted this as a natural consequence of the restrictions on the circulation of cash and the prevention of its smuggling abroad. This led to an increase in supply in the local market and a temporary decline in its price.

Government shift towards “legal dollarization”

Separately, a banking source revealed that the Iraqi government has been relying on new mechanisms for disbursing salaries and conducting financial transactions for months. These mechanisms involve legal invoices processed through official banks and digital platforms linked to the global financial system. This is an alternative to the paper dollar shipments previously transported into the country by air.

The source indicated that this step represents a major shift in cash liquidity management in Iraq , making it difficult for suspicious entities to continue smuggling or manipulating the currency market.

Is this the beginning of the storm?

The US decision raises many questions about the future of dollar transactions in Iraq, especially in light of escalating regional tensions and Washington’s tightening of financial sanctions. Are we witnessing the beginning of a new phase of international restrictions on the Iraqi economy? Or is this merely a technical measure against some violating banks?

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FOR THE THIRD CONSECUTIVE MONTH, THE CENTRAL BANK OF IRAQ SAW A SIGNIFICANT DECLINE IN DOLLAR SALES.

The head of the Iraq Future Foundation, Manar al-Obaidi, revealed on Monday that the Central Bank of Iraq’s foreign currency sales declined during the month of June.

Al-Obaidi said in a post on his Facebook page, followed by Shafaq News Agency, that “the Central Bank’s foreign currency sales decreased for the third consecutive month, reaching $5.7 billion in June of this year, a decrease of 15.5% compared to May, when sales recorded $6.5 billion. Thus, the Central Bank’s foreign currency sales in the first six months of the year reached $37.2 billion, a decrease of 2.2% compared to the same period last year, which recorded $38.1 billion.”

He added that “cash sales of foreign currency also fell to their lowest level, reaching only $99 million in June, the lowest monthly sales value since the introduction of cash sales. Thus, the Central Bank’s total foreign currency sales through cash sales in the first six months of the year amounted to $1.4 billion, a 21% decline compared to the same period last year, which amounted to $1.76 billion.”

According to Al-Obaidi, foreign currency sales through the balance enhancement mechanism reached $5.6 billion in June of this year, a 35% increase compared to June of last year. Thus, foreign currency sales through the balance enhancement mechanism in the first six months of the year reached $35.8 billion, a 37% increase compared to the same period last year, which amounted to $26 billion.

He continued, “The international settlement mechanism through the Central Bank has also been completely halted, as has the transfer mechanism through the Central Bank. Foreign currency sales are now limited to balance-building and cash sales to travelers. Despite the decline in cash sales and the halt in international settlements, the dollar exchange rate has remained stable and unaffected by this decline.”

The central bank’s sales this year are expected to reach around $70 billion, down from last year’s sales of more than $80 billion, according to Al-Abidi.

He pointed out that “the decline in foreign currency sales, coupled with the stability of the dollar price on the parallel market and the decline in inflation levels, calls for a careful review to determine the reasons behind this decline. This could be related to the possibility of most traders entering the official market, which reduces the need for hard currency on the parallel market, or to a decline in demand for goods, which could reflect a state of economic stagnation in the Iraqi market.”

Shafaq.com

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

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

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Mnt Goat