March 25, 2025 Edition of Mnt Goat Latest Newsletter

ABOUT THE NEWSLETTER:

March 25, 2025 Mnt Goat News Brief

Guten Tag everyone: I have some news for you today.

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 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. As I am saying this take time and is like a third job.

I recommend $10 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!

Matthew 6:4

 So that your giving may be in secret. Then your Father, who sees what is done in secret, will reward you.”

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STATUS OF THE RV

I want to welcome everyone to Spring! This is one of my favorite times of the year, as we see a new growth and a fresh start. I was just sitting up on the mountain today as I hiked up to enjoy the warmer spring weather and listen to the sounds of gushing water flowing down from the melting snows above. It has been a long time since I perched on my favorite rock to view the valley below. I was thinking how spring this year will bring a rebirth in many ways to us all. Are you praying for your nation? Are you praying for the Glory of God for his prosperity and abundance He is about to bring us? Yes, it is coming, but on His terms not ours.

If we carefully pay attention to the changes taking place n our nations, we can see God is going to rid us of these global elites and their nasty ideology for the world. It was designed to enslave us more and more over time. Many will say – but look at all the nice things we have, nice homes, cars and still lots of food in the grocery stores. But these “nice things” are in spite of their attacks to suppress us. Many of these “nice things”, if they had their way will be dissolved and dismantled. Shortages and suffering is how they plan to control us. We already see it now, as try to push their agenda on us. They say the U.S. has had it too good for too long. Really? This is the swamp talking Marxist Communists ideology. I don’t even care anymore if we are the most wasteful society. At least we have plenty to waste, get it? Is the glass half empty or half full? Seems the communists want you too believe their empty glass thinking is the way to go.

For the MARXISTS the glass is not half empty or half full. it’s entirely empty

The news today is all very good and still moving in the direction we need for the RV and reinstatement to happen. Today we get answers to yet more of what we asked when we first heard of this digital dinar effort. We also get more clarity on some terms the CBI has been using.  

  1. Will cash paper dinar coincide with the digital dinar?

If we read the article titled “RAFIDAIN BANK DEPLOYS ATMS AT 5 STATIONS IN BAGHDAD”. Rafidain Bank announced last Friday, the deployment of ATMs at five stations in Baghdad. Why would they deploy yet more ATMs now. Don’t forget also the hundreds of ATMs deployed throughout Iraq in the past. Why would they do this if not still expecting to use cash at some level.

“Rafidain Bank announced the deployment of automated teller machines (ATMs) at a number of stations, allowing customers to conduct withdrawals and deposits easily and safely around the clock, and without any commission.” It was added, “This step comes as part of a strategy to expand the scope of digital banking services, contributing to the integration of more individuals into the banking system and enabling them to benefit from modern financial solutions without the need to visit traditional branches.”

But why not just use the digital wallets to conduct basic transfers and payments from their cell phones? So, now we see the ATMs would only be needed if there is still a need for cash.

In my last conversation with my CBI contact I was told that initially the digital dinar is to be implemented mainly for international transactions abroad to other Central Banks. The data center to manage it is now being designed and will be constructed very soon. So this is not years away. The need for it NOW is to kill the parallel market but most importantly to “introduce” the Iraqi dinar, if even a digital dinar, to the rest of the world.

They are going to push the digital dinar as the safest currency in the world. My contact told me to watch for these news articles to push this idea out to the rest of the world, beyond the middle east. Also don’t forget that Iraq plans to do major trading with the European Union (EU) and the EU is planning to roll out their digital EURO October 2025. So this is going to be interesting. Please get this excessive compulsive thoughts of an RV today or tomorrow. Instead just sit back and watch the drama. Yes, watch it all play out. This show is actually amazing to watch.  

2. Will they still exchange out the three zero notes to the new lower denominations?   

😊I firmly believe this project will still take place. When they tell us that the digital dinar will eliminate expenses of printing currency they are talking mainly about the large sums of paper dinars that would have to be transported outside of Iraq to pay their bills for imports. Remember the economy of Iraq is expanding and huge sums will be moved around to meet the needs of rebuilding Iraq and operating their economy. Customs and Tariffs along will rival the oil revenues. But they have to geta grip on these funds and have them paid to the Federal government general fund if this is to be successful. In an article today titled “PARLIAMENTARY WARNING OF THE REPERCUSSIONS OF DELAYING NON-OIL REVENUES ON THE IRAQI ECONOMY” we learn that the Parliamentary Economic Committee called on all ministries to expedite the payment of their non-oil revenues to the Ministry of Finance, while warning of the repercussions of continued delays on the national economy and the financial pressures that could affect the implementation of development plans. So, we see that this revenue is collected by the provinces but held up from the Federal Treasury. There is still work to be done to organize and funnel this money forward to be successful.

Remember also the CBI told us that our large three zero notes will remain in circulation but only used at the banks for “inter-banking” transactions between countries and banks. So this is what I believe this meant in the articles.  

Next, I want to address another issue that seems to bubble up from many of these intel gurus out there on the internet. Its about the Oil and Gas Law. I have to tell everyone that this law is NOT all about oil revenue sharing to the citizens, as many believe. Instead it is a law to be put in place to govern how oil in general will be managed in Iraq. Remember it is now still 90% of the revenues. So, to finally suppress all this intel guru nonsense on this matter Iraq finally talks more about this revenue sharing in the article titled “DISTRIBUTING OIL REVENUES TO IRAQIS: “ECONOMIC COLLAPSE INEVITABLE WITHIN TWO YEARS“. This controversy is escalating in Iraq over lawsuits filed by citizens demanding their share of oil revenues. An expert has warned of the disastrous economic consequences of such demands at this time. Go read the rest of the article for yourself if you don’t believe me.

I want to remind everyone too of what I told you years ago on this subject matter. This revenue sharing can only happen once the economy is stable and these other sources of revenues rival the oil revenues. Iraq also will need its current revenues to rebuild still war torn parts of Iraq and work on these industrial cities and silk road projects. Will oil profit sharing happen? Yes, I believe it will happen someday but for someone gathering and learning about the RV I would not place my time of concentration on this event as a trigger for the RV. Yes, how silly is this. This article backs me up too. But it also shows  this revenue sharing is real but just not now.

The CBI needs SECURITY and STABILITY:

😊Next, there is an article that helps us better understand what the term “Security” means when the CBI says that Iraq needs “Stability and Security” to conduct the project to delete the zeros. The article titled “WHAT DOES THE UNITED STATES MEAN BY REAL SECURITY REFORM IN IRAQ?”., WOW! Just in the title of the article alone says they are going to tell us and feel a need to tell us. The article defines security from the standpoint of the U.S. and after all we, as investors, are looking for the U.S. to sign off on the RV and to let it go, right? So, is this important to know?

This article says it all, just in case you are not clear on these terms. In the article it talks about the complex security situation in Iraq and how it is a natural consequence of any country facing occupation, as it becomes a hub and haven for various armed and extremist organizations with deviant ideologies, which in turn leads to a state of security instability. Although the United States views the presence of its forces in Iraq as part of its national security strategy, any security issue related to Iraq inevitably overlaps with this presence. So, can we all agree then on President’s Trumps policy to “secure” Iraq by getting rid of these extreme groups from inside Iraq, especially the leftover Iranian militia? Should we be monitoring this progress then as pivotal progress to see the RV event someday? We must not take these nuggets of information lightly. These articles all paint the picture on our intel pallet. The  only question is are be listening and aware?

😊You might also want to take a peek at the articles titled “BAGHDAD IS OFFICIALLY OUTSIDE THE “AXIS OF RESISTANCE”…AND THE US WANTS “ZERO IRAN” IN IRAQ”, and also “SOURCES: QAANI WARNED IRAQI FACTIONS AGAINST “PROVOKING THE AMERICANS”. This information is alsoall about security for Iraq. Opps three articles on this subject matter. This must be important.

Let’s continue…..

😊In the articles titled “OUTCOMES OF THE SUDANESE MEETING ON REFORMING THE RAFIDAIN AND RASHID BANKS” and “HIS OFFICE: AL-SUDANI DIRECTED TO EXPEDITE THE REFORM PROCESS OF RAFIDAIN AND RASHID BANKS.”

Prime Minister Mohammed Shia al-Sudani’s media office stated that the latter “directed the preparation of plans to expedite the reform process of the Rafidain and Rashid banks in accordance with international standards. As we all know these are the two main state owned banks. They are most closely monitored by the Central Bank of Iraq.

 If you can recall from the past, the audit group Ernst & Young, was hired to audit these banks and make recommendations for reforming them. So now we read that Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures for the Rafidain and Rashid banks, with representatives from Ernst & Young in attendance.

The meeting reviewed the progress of the banking reform process adopted by the government to restructure and develop Rafidain and Rashid banks, and discussed revising their internal regulations to be in line with international standards and the objectives of banking reforms. The meeting also followed up on the procedures for establishing a new bank, Rafidain First Bank, which was approved during the Cabinet session held on January 13. Now there are going to be three main state owned banks. Why three? Folks, I want to take a minute to explain something to you. How many times must Iraq tell us that their economy is on the brink of a huge breakthrough. When all this money begins to flow, they will need more state-controlled banks to handle these transactions. I like the words “revising their internal regulations to be in line with international standards”. But we all know this was mostly already completed. Why are they telling us this again? Maybe there is some fine tuning to be done at these banks like training and anti-corruption measures being put in place?

Okay, so let’s get to the more juicy news of this period….

Like in the above referenced articles defining security, we now read articles defining “stability”. So, what does stability mean to Iraq? It appears it is a term used to describe the financial status of the national currency. We read in the article titled:

😊“SUDANESE ADVISOR: DIGITAL TRANSFORMATION OF THE NATIONAL CURRENCY IS A STEP TOWARDS FINANCIAL SYSTEM STABILITY.”

The Prime Minister’s Advisor, Mazhar Mohammed Saleh, stated on Thursday that the digital transformation of the national currency is an important step towards enhancing the stability of the national financial system. Saleh stated that “the digital transformation of the national currency represents a stable and transparent payment instrument that contributes to improving the efficiency of the national economic system .”

😊“CENTRAL BANK: DIGITAL CURRENCY REDUCES CASH FLOW OUTSIDE BANKS”

On Thursday, March 20, 2025, the Governor of the Central Bank of Iraq, Ali Al-Alaq, described digital currency as “limiting the flow of cash outside banks.” He also spoke of a plan to establish a data center that would serve as a foundation for digital transformation. Alaq also repeated his prior statements in that the Iraqi government faces challenges in managing dinar liquidity, as it suffers from a chronic shortage of this currency, affecting its ability to meet its financial obligations to pay employee salaries, repay debts, and finance projects. Do you know what I think of this last statement? I say they have billions and billions of currency outside their country in the hands of us investors. Why not come to get ours and do it now? Oh… but we are not going to let go of ours until you first give us the revaluation we deserve as long-term investors in the dinar. They know it too and so why don’t they ever talk about our dinar?

😊“CENTRAL BANK GOVERNOR: WE ARE WORKING TO ESTABLISH A DATA CENTER THAT WILL BE A SUCCESS FACTOR FOR DIGITAL TRANSFORMATION”

The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Thursday that the digital currency the bank intends to launch will enhance transparency and limit the flow of cash out of banks. Remember this article is telling us the intend to limit the cash out of the banks not eliminate it altogether. Alaq also revealed plans to establish a data center that will serve as a successful foundation for this digital transformation.

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What can we as investors do right now?

  • Pray and pray some more for the people of Iraq
  • Be very patient….
  • Do not sell your dinar….  
  • No more silly intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT, Frank26 and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations, be real and stick to the FACTS.

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

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 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 Greene

“The Dismantling of all the Big Banks Controlling This Nation“      

Prophecy begins at the 14:15 mark.  Second prophecy from March 16th       

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Next, I just had to bring you Tuesday’s prophecy. I was so excited when I listened to it. I trust Julie since her words have been an inspiration to me as we go through this difficult journey. So, this next prophecy is a “doozie”, yes a “real” doozie! I actually heard about the fall of two Justices years ago and so now this one is coming forward again. It must be it’s time.

“The Deep State is Being Irradicated from This Nation “      

Prophecy begins at the 23:08 mark.  Prophecy from Saturday March 22nd.

A Great Shaking is Coming to the Supreme Court:       

  • U.S. Supreme Court Chief Justice Roberts will be exposed, sit for his own trial and then removed from office. He will be sentenced for TREASON.
  • Roberts is deeply connected to the sex trafficking world, padded his pockets in bribes by not allowing strong evidence of the 2020 election fraud to be exposed.
  • Video, audio and email evidence will bring him down
  • This will take place much sooner than you think
  • There are other justices too that will be exposed and brought down
  • Chuck Schumer you will not be a senator much longer
  • Schumer will be convicted of TREASON
  • Clintons will be exposed in a major way
  • Democrats will have to hand over corrupt fellow Democrat and govt employees politicians for bargaining chips to save their own skin

Sorry I do not want to make this blog about bible school lessons however, in Julie Green’s prophecy today it is so obvious what God is doing. God’s hand is at work today as she states her prophetic word then reviews what is in Deuteronomy 7:20-24. From this biblical passage we can then begin to see what God is doing to clean out this nation(s) from the wicked and corrupt.

I quote from a bible passage of Deuteronomy:

“Moreover, the Lord your God will send the hornet among them until even the survivors who hide from you have perished. Do not be terrified by them, for the Lord your God, who is among you, is a great and awesome God. The Lord your God will drive out those nations before you, little by little. You will not be allowed to eliminate them all at once, or the wild animals will multiply around you. But the Lord your God will deliver them over to you, throwing them into great confusion until they are destroyed. He will give their kings into your hand, and you will wipe out their names from under heaven. No one will be able to stand up against you; you will destroy them.”

If you study the bible you can find out that Deuteronomy is traditionally attributed to Moses, who is believed to have delivered its teachings just before the Israelites entered the Promised Land. Composed around the end of the 40 years of wandering in the wilderness, this book takes the form of speeches delivered by Moses to the Israelites. When I researched all this my jaw dropped as God is telling us we are about to enter the land of “milk and honey”. You may ask what the hell is that? You ask only because you are ignorant of the biblical Exodus story and what God promised the Israelites when they left Egypt from their enslavement.  

Of course, not literal milk and honey for us. This is metaphorically speaking. What Julie says God is telling us we are now entering the end phase of the cleanup, the end is near. Just as the Israelites wondered in the desert then finally came to their destiny, we too are coming to the end of this battle of ending the corruption in the U.S. and freeing us of taxation burden, debt and corrupt politics. We are now in the last stage of this clean up. We are about to see the prosperity and abundance (milk and honey) God has been telling us about now for over a decade is to come. God used this passage in the bible to convey more clearly to Julie and us what he meant.

Who will remain in the government when all this is done? We watch and wait to see.

What form will this prosperity and abundance come to us? We watch and wait to see.

The question many are now going to ask is when will the RV come out?

For the RV, I will only say to relax and let this drama of cleaning up the corruption all play out first in the US Government and Iraq. How many times must I tell you it is the Obama/Biden foreign policies towards Iraq and their taunting with Iran that has been the major cause of corruption in Iraq and this has caused the holdup of the reinstatement. Is Iraq ready? Of course, and they have been since 2013.

How many times have I told everyone that you can’t separate the politics from this RV saga? Many intel gurus want to ignore it and go on with their petty news of everyday /  any day lies? But followers of my blog know the TRUTH, don’t we? We have many tools at our disposal. We have prophecy, the news of the U.S. cleanup and Iraqi news itself to back up what is forecasted for the near future. We don’t have to lie or pretend. All we have to do is connect the dots. Yes, I keep saying the near future, but many of you are not listening. Hey folks, this is not going to take years. The President Trump administration has only been in office now for a little over 3 months. Look at all the exposure so far. God says this so far is just the tip of the iceberg. Give it a break. Let it  play out. God has told us, if you were listening to these Julie Green prophecies you should already know that early summer 2025 things will finally calm down. What does this mean to you?  

Folks, we must stick to the TRUTH as we are done with all the FAKE news and democrat lies. TRUTH is our weapon too to fight them.

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PROPHECIES FULFILLED: How do we engage the prophecies? Are they really a voice from God? So, as we listen and time passes, we step back and analyze what happened and compare to the prophetic words spoken.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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WHAT COUNTRY HAS THE HIGHEST RESERVES OF HIGH-QUALITY LITHIUM IN THE WORLD?

The answer just may surprise you!  

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TRUMP ADDRESSES CRYPTO SUMMIT AMID BITCOIN RESERVE STRATEGY 

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WE MAY SEE SOME LAWMAKERS ‘IN HANDCUFFS’ DUE TO DOGE FINDINGS

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OH…WHAT MORE WASTE WILL DOGE FIND AT THE PENTAGON? STAY TUNED.

Already half a trillion found in waste that can be cut.

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PRESIDENT TRUMP SIGNS EXECUTIVE ORDER TO DISMANTLE THE DEPT. OF EDUCATION

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ARE WE TEACHING OUR KIDS TO LEARN OR JUST WARMING A SEAT IN THE CLASSROOM?

I am trying to get the TRUTH about why our President Trump is dismantling the Dept. of Education. You certainly are not going to get it from the democrats as they appose and lie about ANYTHING that the Trump administration is trying to do. Remember the democrats has four years to correct the system. Did they, do it? So, now you can learn what is ACTUALLY happening and why.

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  Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”

It is LENT time for us Catholics. Praying the rosaries for me is my way to pray and has had a significant impact on my life and focus during this Easter season. I find it is good to remember the Stations of the Cross during lent and what our savior did for us. In know many of you may not be Catholics or even Christians but try to take a different approach this Easter. Try to see what all the fuss is about Christ. Put yourself in Christ shoes (or should I say sandals) as an ordinary person in today’s world. You can quickly see that the nature of man has not changed very much and if Christ were born today, many would probably try to crucify him. Have we not learned anything?

Fr. Mathew teaches how to say the Rosary

Click on the picture to watch the video

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help  

CENTRAL BANK: DIGITAL CURRENCY REDUCES CASH FLOW OUTSIDE BANKS

On Thursday, March 20, 2025, the Governor of the Central Bank of Iraq, Ali Al-Alaq, described digital currency as “limiting the flow of cash outside banks.” He also spoke of a plan to establish a data center that would serve as a foundation for digital transformation.

The Iraqi government faces challenges in managing dinar liquidity, as it suffers from a chronic shortage of this currency, affecting its ability to meet its financial obligations to pay employee salaries, repay debts, and finance projects.

Al-Alaq said in a press statement followed by Al-Jabal, “Financial technologies are developing rapidly, in line with the requirements of the financial and banking sector in terms of speed, accuracy, and economic efficiency, in addition to transparency and oversight. The reality of the digital revolution is imposing itself on all sectors, including the financial and banking sector, which stands to benefit most from the major transformations taking place.”

He added, “Digital currency can serve many purposes, limiting the flow of cash outside banks and achieving a high degree of transparency, as funds can be tracked, whether in consumption, investment, savings, or even in legitimate and illegitimate businesses. It also provides important databases for analytical purposes, not just for the movement of paper money. In addition, digital currency offers economies of scale, including the ability to print and track currency.”

Al-Alaq explained, “We have begun taking steps in coordination with international organizations to review initial experiments in the digital currency file, which we do not wish to delay.” He noted, “There are existing experiments in some countries in the region, and we are also following up with the Arab Monetary Fund to develop appropriate steps in this direction, and what is required is infrastructure.”

He continued, “The Central Bank possesses advanced infrastructure. The new bank building houses a sophisticated data center, and we are working to establish a data center that will represent a successful foundation for digital transformation.”

The Central Bank of Iraq previously announced its move to issue a digital currency as an alternative to paper currency, a shift that could reshape the payments landscape and the national economy entirely.

This move comes in response to “increasing challenges in managing traditional cash,” amid a global trend toward financial digitization.

Al-Alaq said, “The financial and banking system will witness fundamental transformations, including the decline of paper currencies and their replacement by digital payments by central banks.” He explained that “the Central Bank is moving to create its own digital currency to gradually replace paper transactions, as is happening at some central banks around the world.

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SUDANESE ADVISOR: DIGITAL TRANSFORMATION OF THE NATIONAL CURRENCY IS A STEP TOWARDS FINANCIAL SYSTEM STABILITY.

The Prime Minister’s Advisor, Mazhar Mohammed Saleh, stated on Thursday that the digital transformation of the national currency is an important step towards enhancing the stability of the national financial system.

In a statement to Al-Sa’a Network, Saleh stated that “the digital transformation of the national currency represents a stable and transparent payment instrument that contributes to improving the efficiency of the national economic system .”

He explained that “digital currency differs from paper currency only in terms of improved transaction speed and system quality, which reduces costs and provides greater control over payment flows .”

He added that “this transformation provides the Central Bank with a greater opportunity to implement its regulatory and supervisory policies, while ensuring high confidentiality in citizens’ financial transactions.” He noted that “the digital currency will become part of global payment systems while maintaining its exchange value as paper currency,” in addition to its “role in settling payments and transferring funds into foreign currencies in a transparent manner .”

He stressed that “this step will contribute to enhancing financial inclusion, especially for the most vulnerable segments of society, by facilitating their access to the banking system, and that digital transformation contributes to combating financial crimes such as money laundering .”

He explained that “Iraq will gradually enter the era of digital financial technology, in cooperation with the global financial and technical community,” noting that “this process requires two basic conditions: a high level of digital monetary culture among the public, and an advanced infrastructure, both electronically and legally .”

He pointed out that “the exchange rate system in Iraq, for more than six decades, has been based on pegging the Iraqi dinar to the US dollar,” stressing that “the transition to the digital dinar will not affect the value of transactions or financial transfers .”

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CENTRAL BANK GOVERNOR: WE ARE WORKING TO ESTABLISH A DATA CENTER THAT WILL BE A SUCCESS FACTOR FOR DIGITAL TRANSFORMATION


The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed on Thursday that the digital currency the bank intends to launch will enhance transparency and limit the flow of cash out of banks. He also revealed plans to establish a data center that will serve as a successful foundation for digital transformation.

Al-Alaq told the Iraqi News Agency (INA): “Financial technologies are developing rapidly, in line with the requirements of the financial and banking sector in terms of speed, accuracy, and economic efficiency, in addition to transparency and oversight. The reality of the digital revolution is imposing itself on all sectors, including the financial and banking sector, which stands to benefit most from the major transformations taking place.”

He added, “Digital currency can serve many purposes, limit the flow of cash outside banks, and achieve a high degree of transparency, as funds can be tracked, whether in the areas of consumption, investment, savings, or even in legitimate and illegitimate businesses. It also provides important databases for analysis purposes, not just for the movement of paper money, in addition to the economics that digital currency offers through printing and tracking currency.”

Al-Alaq confirmed that “we have begun taking steps in coordination with international organizations to review initial experiments in the digital currency file, which we do not wish to be late in,” explaining that “there are existing experiments in some countries in the region, and we are also following up with the Arab Monetary Fund to develop appropriate steps in this direction, and what is required is infrastructure.”

He continued, “The Central Bank possesses advanced infrastructure. The new bank building houses a sophisticated data center, and we are working to establish a data center that will represent a successful foundation for digital transformation.”

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RAFIDAIN BANK DEPLOYS ATMS AT 5 STATIONS IN BAGHDAD

Rafidain Bank announced today, Friday, the deployment of ATMs at five stations in Baghdad.

In a statement received by Al-Maalouma Agency, the bank stated that “as part of its ongoing efforts to enhance financial inclusion and facilitate access to banking services to various segments of society, Rafidain Bank announced the deployment of automated teller machines (ATMs) at a number of stations, allowing customers to conduct withdrawals and deposits easily and safely around the clock, and without any commission.”

He added, “This step comes as part of a strategy to expand the scope of digital banking services, contributing to the integration of more individuals into the banking system and enabling them to benefit from modern financial solutions without the need to visit traditional branches.”

The bank affirmed its commitment to “developing its banking infrastructure and deploying more ATMs in various areas, including malls and commercial centers, to ensure the provision of more efficient financial services and achieve the bank’s vision of promoting financial inclusion and offering innovative banking solutions that meet the needs of all citizens.”

He added, “This service can now be accessed through the devices available 24 hours a day at the following stations:

 • Station No. 13 – Al-Bayaa

 • Station No. 14 – Al-Amiriya / Popular Work Street

 • Station No. 18 – Al-Saydiyah

 • Station No. 19 – Al-Hussein neighborhood

 • Station No. 20 – Al-Jihad neighborhood.

The bank affirmed its continued development of its digital services, enhancing access to financial solutions and supporting the transition to a more inclusive and innovative digital economy.

(So, here is the article we were waiting for. Why in hell would they deploy yet more ATMs if they were not going to have CASH paper currency along with the digital dinar? Why not just use the digital wallet to conduct banking transactions outside the banks? Why the necessity for ATMs? Just asking? Remember also they told us that the ATMs will play a “pivotal role” in the Project to Delete the Zeros.)

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SOURCES: QAANI WARNED IRAQI FACTIONS AGAINST “PROVOKING THE AMERICANS”

Houthis Close Headquarters in Central Baghdad Following Advice from the Coordination Framework

Reliable sources revealed to Asharq Al-Awsat the contents of an Iranian message to leaders of Shiite factions in Iraq, which included strict instructions to “not provoke the Americans and Israelis,” warning of attacks on Baghdad similar to those targeting the Houthi group in Yemen.

For weeks, Iraqi groups loyal to Tehran have shown a marked decline in their hostile activities under international pressure and US attacks on the Houthis.

The sources said that Esmail Qaani, commander of the Quds Force of the Iranian Revolutionary Guard Corps, delivered a message from the Iranian leadership during a recent visit to Iraq.

Qaani warned the faction leaders that “US military attacks against Houthi facilities could quickly backfire on Baghdad.”

Qaani called on Iraqi factions to “refrain from engaging in any military activity during this sensitive period,” and stressed the need to “take further measures to stop or reduce armed manifestations.”

The sources quoted a Shiite faction commander as saying that “Qaani conveyed strict instructions from the Iranian leadership urging Iraqi parties to avoid all forms of provocation against the Americans or Israelis.” He said that “a single spark could open a front in Iraq.” He added, “The leaders of the Iraqi factions were comforted by the message due to the intense pressure they have been facing for months.”

The sources reported that “Tehran’s assessment is that the Americans will not hesitate to carry out attacks against targets inside Iraq if the factions show a field response in support of the Houthis.”

Reports indicated that Qaani visited the capital, Baghdad, last week and met with politicians in the “Coordination Framework” and leaders of armed factions.

Qaani’s visits to Baghdad are often shrouded in secrecy, but his meetings focused on representatives of pro-Tehran groups and prominent leaders in the ruling coalition.

Reports claimed that Qaani renewed “Tehran’s commitment to support its allies in Baghdad if they come under pressure from the US.”

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HIS OFFICE: AL-SUDANI DIRECTED TO EXPEDITE THE REFORM PROCESS OF RAFIDAIN AND RASHID BANKS.

Prime Minister Mohammed Shia al-Sudani’s media office stated that the latter “directed the preparation of plans to expedite the reform process of the Rafidain and Rashid banks in accordance with international standards.” 

This came during a meeting devoted to following up on the reform measures of Rafidain and Rashid banks, attended by representatives of Ernst & Young. The meeting “witnessed a review of the work stages of the banking reform adopted by the government to restructure and develop Rafidain and Rashid banks, and discussed reconsidering their internal regulations in line with international standards and the objectives of banking reforms. It also discussed the issue of the two banks’ debts and their repayment mechanisms, and the measures taken to train their working cadres. In this regard, Al-Sudani directed the continuation of the reform process for the two banks, and for their managements to develop strategies that contribute to accelerating the reform process.”

The statement said, “The meeting followed up on the procedures for establishing a new bank, Rafidain First Bank, which was approved during the Cabinet session held on January 13th. The bank has a different vision, embracing modern technologies and international standards that will help implement the government’s financial and banking reform objectives, which will have a positive impact on the country’s economic trajectory and development.”

The statement indicated that “Ernst & Young submitted a report in which it reviewed the financial and technical offers for the project to establish the First Rafidain Bank.” 

For some time now, US attention has been focused on the state-owned Rafidain Bank, with calls for sanctions against it, describing it as a “window for smuggling dollars to Iran.” However, politicians and academics view the matter with pessimism, particularly since any impact on the bank would create financial tensions within Iraq, given its status as one of the most important government banks.

Earlier, Kurdistan Democratic Party (KDP) MP Sipan Sherwani spoke about what he described as “serious oversight” of Iraqi financial institutions, noting that Rafidain Bank “has not been audited for nine years.”

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OUTCOMES OF THE SUDANESE MEETING ON REFORMING THE RAFIDAIN AND RASHID BANKS

Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures for the Rafidain and Rashid banks, with representatives from Ernst & Young in attendance.

The meeting reviewed the progress of the banking reform process adopted by the government to restructure and develop Rafidain and Rashid banks, and discussed revising their internal regulations to be in line with international standards and the objectives of banking reforms. It also discussed the debts of the two banks and their repayment mechanisms, as well as the measures taken to train their staff. In this regard, the Prime Minister directed the continuation of the reform process for the two banks, and for their administrations to develop strategies that contribute to accelerating the reform process.

 The meeting also followed up on the procedures for establishing a new bank, Rafidain First Bank, which was approved during the Cabinet session held on January 13. The bank’s vision is to adopt modern technologies and international standards that will help implement the government’s financial and banking reform objectives, which will have a positive impact on the country’s economic trajectory and development. 

Ernst & Young submitted a report reviewing the financial and technical offers for the project to establish the First Rafidain Bank.

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WHAT DOES THE UNITED STATES MEAN BY REAL SECURITY REFORM IN IRAQ?

The complex security situation in Iraq is a natural consequence of any country facing occupation, as it becomes a hub and haven for various armed and extremist organizations with deviant ideologies, which in turn leads to a state of security instability. Although the United States views the presence of its forces in Iraq as part of its national security strategy, any security issue related to Iraq inevitably overlaps with this presence.

Iraq is witnessing a conflict between international and regional security visions. The United States is focused on achieving its own goals by addressing the Iraqi security situation, but it is not prioritizing the security of the Iraqi citizen himself, which exacerbates the country’s societal security problems.


Iran, on the other hand, views Iraqi security from a completely different perspective, seeking to end the American presence there and ensure its control in a way that serves its national security and bolsters its regional influence in Iraq and other countries such as Yemen and Lebanon. Iraq’s security services are in a fragile balance between the various forces that support them.


For example, the United States has provided significant support to the Counter-Terrorism Service, particularly in the areas of intelligence, training, and consulting, making it one of the most effective security institutions in the country.
In contrast, the Popular Mobilization Forces (PMF) have emerged as a major military and security entity, possessing extensive military and intelligence capabilities and demonstrating their effectiveness in combating armed groups.

The greatest challenge facing Iraqi security now is the US-Iranian conflict, whose features have been imprinted on Iraq’s security landscape.
The consequences of this conflict cannot be ignored or avoided in any form, especially now that every country sees itself as having priority in influencing the situation inside Iraq.

Regarding the regional landscape, the complexities of the situation in Syria and the efforts of some parties to overthrow Bashar al-Assad’s regime have contributed to deepening threats and increasing security concerns in the region in general, and in Iraq in particular. Regional political and security transformations carry international dimensions, with interests intertwined and sometimes conflicting, depending on the demands of “political interests.”

Today, Iraq is experiencing a security situation that oscillates between conflicting international and regional perspectives, with each country approaching Iraqi security according to its own vision. The United States has a predetermined vision of what Iraqi security should look like to serve its interests, while Iran seeks to secure its strategic influence and strengthen its ties with pro-Iranian factions within Iraq. But we, as Iraqis, aspire to achieve stable security that serves the interests of the people, independent of foreign agendas.


Our vision for security must be clear: Iraq’s security comes first and foremost.
We must cooperate with any party that serves this interest, provided this does not infringe upon our national sovereignty or prioritize the interests of one state over another.

Ultimately, we cannot accept America’s vision for Iraqi security if it is based on deep interference in the structure of our security services and directing them to serve its own interests. This is illogical and unacceptable.


Nevertheless, we urgently need the support of our international friends and partners, provided that this support is balanced and respects Iraq’s sovereignty, and does not place the interests of one party at the expense of another.

Accordingly, the security and strategic relations between Iraq and the United States will remain fraught with complexities and challenges, due to the sensitive reality in Iraq and the conflicting interests of major and regional powers.

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DISTRIBUTING OIL REVENUES TO IRAQIS: “ECONOMIC COLLAPSE INEVITABLE WITHIN TWO YEARS”

Controversy is escalating in Iraq over lawsuits filed by citizens demanding their share of oil revenues. An expert has warned of the disastrous economic consequences of such demands, asserting that direct distribution of oil revenues would lead to the collapse of the Iraqi economy within just one year.

Oil revenues for 2024 are estimated at $90 billion, while non-oil revenues are estimated at only $13 billion, barely enough to cover the government’s electricity, gas, and ration card purchases, expert Nabil al-Marsoumi told Shafaq News Agency.

He emphasized that demands to distribute oil revenues to citizens ignore economic realities. Allocating all oil revenues would deplete the central bank’s cash reserves, forcing the government to resort to deficit financing, or “printing money,” to pay employee and pensioner salaries and social security, which total $70 billion annually, in addition to operating and investment expenses, which total no less than $30 billion annually.

Al-Marsoumi added that this approach would lead to rampant inflation and a collapse in the exchange rate of the Iraqi dinar after its flotation, thus plunging the country into a stifling economic crisis within just one year.

However, if half of the oil revenues were distributed, the collapse would occur within two years, according to Al-Marsoumi, who concluded with a sarcastic question: “Isn’t this enough fooling around?”

This statement comes amid l awsuits filed by dozens of Iraqis before the courts of appeal, citing Article 111 of the constitution, which states that “oil and gas are the property of all the Iraqi people in all regions and governorates.”

Legal experts believe these lawsuits involve complex details, noting that national wealth is managed for the benefit of citizens through public services rather than direct cash distribution, a fact confirmed by previous economic experiences in other countries.

On the other hand, some citizens believe that these demands reflect a general dissatisfaction with the performance of successive Iraqi governments in managing wealth, and some have threatened to join these lawsuits if they achieve any positive results.

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BAGHDAD IS OFFICIALLY OUTSIDE THE “AXIS OF RESISTANCE”…AND THE US WANTS “ZERO IRAN” IN IRAQ.

(Can it get any clearer what the Trump policy is towards Iran?)

Abdul Mahdi arranges the deportation of the Houthis, and the factions remain silent.

Baghdad is working on “three lines” to avoid potential Israeli strikes, according to the Iraqi Foreign Ministry.
An Iraqi politician reveals the content of “non-negotiable” American messages sent to Baghdad, including cutting off funding to the Houthis.


Parliament is expected to begin preparations for the “dissolution of the factions” in a session on Monday, which will discuss the “restructuring of the Popular Mobilization Forces.” The “restructuring” includes a confirmation of a previous decision taken six years ago, stipulating the separation of “the Popular Mobilization Forces from any political entity,” making it a more clearly state-affiliated institution.


According to information obtained by Al-Mada, it is believed that the restructuring law “would not have been discussed were it not for the recent changes that took place in the region.”


The executive order issued in 2019, which would be the nucleus of the “restructuring of the Popular Mobilization Forces,” was rejected by several factions.


Over the past three weeks, Shiite political parties have insisted on prioritizing the “restructuring of the Popular Mobilization Forces” over the “Popular Mobilization Service and Retirement Law.”  Two weeks ago, Prime Minister Mohammed al-Sudani decided to withdraw the “service and retirement” law from parliament, instead sending a restructuring law.


Parliament published the agenda for today’s session, Monday, after a work stoppage for more than a month. The agenda includes seven paragraphs, including the restructuring of the Popular Mobilization Forces (PMF), or the so-called “Popular Mobilization Forces Authority Law.


” Suspicions circulate around the PMF regarding the presence of “alien” elements, according to former Prime Minister Nouri al-Maliki. There are also doubts about the PMF’s salaries and the “number of members,” according to MP Adnan al-Zurfi.
According to information, the government is trying to “control the PMF and organize it institutionally.”


This information confirms that “this appears to be an attempt to block any accusations against this group (the PMF) that it is outside the law.”
This movement is linked to the negotiations announced by the government more than a month ago with “three or four factions” to disarm them. The results of these negotiations have not yet been announced.


Neutrality…
In contrast, Baghdad is seeking, through the “second track,” to prevent factions from interfering in the war that appears to have returned in Gaza, Yemen, and southern Lebanon. So far, no known Iraqi faction has announced intervention in response to the new Israeli or American attacks in the region.


Three unknown Iraqi armed groups have announced targeting American interests after “strikes on the Houthis,” but no incident has been recorded so far.


The appearance in Yemen of Adel Abdul Mahdi, the former prime minister known for his closeness to the Popular Mobilization Forces (PMF), is believed to be related to the “second track.”


Abdul Mahdi is believed to have arrived in Yemen on March 20, while the Houthis escalated attacks on Israel on the 18th and 20th of this month. Several reports have suggested “scenarios” for Abdul Mahdi’s presence with Houthi leaders:


one related to “coordination of the unity of the arenas,” a principle established by Iran in recent wars in the region; or the possibility that Abdul Mahdi was carrying a message from the United States to Yemen regarding the situation in the Red Sea.
Or that Baghdad is working to “expel the Houthis” from the country, which is the most widely circulated scenario domestically.


This development coincided with news of the “closure of a Houthi headquarters” in Baghdad, which had been revealed a year earlier. On March 20, Iraq’s Joint Operations Command denied reports that the Houthis were using a training camp in Iraq.
Reports indicated that the Houthis were using a training camp in the Khalis district of Diyala Governorate to receive training and support there.


Washington began a military escalation against the Houthis on March 15.
On June 13 of last year, Abdul-Malik al-Houthi, the leader of the Ansar Allah group (also known as the Houthis), announced that they were working with the “Islamic Resistance in Iraq” to launch attacks against Israel from the Golan Heights.


That same year, local media reported that the Houthi group had opened a “representation” in Baghdad, days after the group’s representative in Iraq, Abu Idris al-Sharafi, who has resided in Iraq since 2016, visited Hashd sites.
“We are not an axis of resistance.”


On the third track, Baghdad is trying to convince the United States that it is not part of the “axis of resistance,” according to Foreign Minister Fuad Hussein.


In a television interview, Hussein stressed that “Iraq does not accept ‘unity of arenas,’ and its constitution prohibits waging war against anyone by unilateral decision.”
Hussein attacked Iraqi armed factions, saying that “what they have done for months has greatly harmed Iraq and has not benefited the Palestinian cause.”


Unusually, neither the factions nor political forces close to those groups have commented on Hussein’s recent statements. According to the minister, “there is an opportunity to reach an understanding with the armed factions to spare them and Iraq the risks that could result from a military strike by external parties, such as America or Israel.


” Hussein warned that “Iran could be the target of an Israeli attack if it fails to reach an agreement with the new US administration.” He said, “This means that disaster will befall Iraq and the region.”


Tehran has so far rejected US messages to engage in “negotiations” on the nuclear issue. Politician and former MP Mithal Alusi says that “the political forces in Iraq are unaware of the coming danger, and may be playing the roles drawn for them by Iran.”

Washington’s Messages
In an interview with Al-Mada, Al-Alusi criticized Baghdad’s negotiating role with the United States, revealing the “existence of mediators” close to the ruling parties, separate from the “Ministry of Foreign Affairs.


” Al-Alusi asserted that the “mediators,” who, according to the former MP, are advisors, received decisive messages from Washington, stating:
1 – Zero Dollar: No dollars are allowed to flow to Iran, regardless of the pretext, cover, or means.


2 – Zero Oil: No Iraqi oil is allowed to flow to Iran, and no Iranian oil is allowed to be exported in Iraq’s name or mixed with Iraqi oil and marketed in the Gulf or anywhere else.


3 – Iraq will never fund, deal with, train, or shelter Hezbollah, Hamas, or the Houthis.

Al-Alusi asserted that the United States informed the Iraqi government that “$3.4 billion” is being transferred annually to Iran via funds allocated to the Popular Mobilization Forces, and this must be stopped.

(Mnt Goat-Who’s funding the terrorists? My jaw dropped when I heard these figures. No confusion now about the corruption from Iran on Iraq.)


The former MP points out that the United States considers the Popular Mobilization Forces (PMF) to be affiliated with Iran, and that “Washington does not use the term ‘factions’.”


Al-Alusi questioned the Coordination Framework’s ability to maneuver and remain in the political equation until the next elections, stressing that “there is no room for maneuver with Trump as there was under the previous administration (Joe Biden).”
The former MP warned of a “great danger” threatening Iraq, as “Trump treats Iraq as a peripheral state implementing Iran’s will.”

(Mnt Goat-All I can say after reading this article is what I said way back in 2017. These Iranian militia left behind in Iraq after the ISIS was must leave Iraq along with their puppet Iranian politicians. This is what the US wants. Well…you can read for yourself the three main conditions Trump is imposing upon Iraq.)

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PARLIAMENTARY WARNING OF THE REPERCUSSIONS OF DELAYING NON-OIL REVENUES ON THE IRAQI ECONOMY.

The Parliamentary Economic Committee called on all ministries to expedite the payment of their non-oil revenues to the Ministry of Finance, while warning of the repercussions of continued delays on the national economy and the financial pressures that could affect the implementation of development plans.

Yasser Al-Hussaini, a member of the Economic Committee, said in an interview: “The Ministry of Finance is making exceptional efforts to ensure cash liquidity, but it faces challenges due to the delay of some ministries in transferring their non-oil revenues, which leads to confusion in government spending plans.” He pointed out that “these revenues constitute an important source for strengthening the general budget and reducing dependence on oil revenues, especially in light of global market fluctuations.”

Al-Hussaini added that “the resumption of government projects, whether investment or service, is directly linked to the availability of financial liquidity, which makes commitment to paying dues essential to ensure the continuity of work in various sectors.” He explained that “providing liquidity is not the responsibility of the Ministry of Finance alone, but rather an integrated process that requires the commitment of all government agencies to transfer their non-oil resources according to the specified deadlines.”

Al-Husseini pointed out that “cooperation between ministries on this issue contributes to reducing financial pressures and ensures the implementation of vital projects needed by citizens.”

He explained that “the government, through the Ministry of Finance, is working to take measures to facilitate the activation of non-oil revenues, including enhancing transparency in the management of public funds and monitoring non-compliant entities, with the aim of achieving the required financial balance.” He stressed that “the current phase requires everyone’s cooperation to ensure economic stability, especially with the challenges facing global markets and their impact on the local economy.”

Al-Husseini concluded his remarks by saying: “We call on all ministries and government institutions to commit to transferring financial dues according to the specified timetables, as this has a positive impact on the national economy and to ensure the continuity of services and projects that benefit citizens.”

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

                                             Just 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

March 18, 2023 Edition of Latest Mnt Goat Newsletter Part 1

ABOUT THE NEWSLETTER:

March 18, 2025 Part 1: Mnt Goat News Brief

Guten Tag everyone: I have some WOW! WOW! WOW! news for you today. Let’s explore it together

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 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. As I am saying this take time and is like a third job.

I recommend $10 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!

Deuteronomy 15:10

“Give generously to them and do so without a grudging heart; then because of this the Lord your God will bless you in all your work and in everything you put your hand to.”

_____________________________

STATUS OF THE RV

I wanted to come on today to summarize where we are now with this IQD reinstatement. Lots has changed in a short time. I also want to give more insight as to what is holding up the RV and the Reinstatement of the Iraqi dinar. There are some new developments in the Central Bank of Iraq all of us investors should understand and how these will impact the dinar and us investors and what we are waiting for.

So let’s get to the news…..

So, when I am wrong, I will come out and admit it. I was told this might be (might is the operative word here) a long-term strategy for the CBI. Apparently, it is now a short-term goal. It was just announced by the CBI that the digital currency for Iraq is coming much sooner than we expected. This project is being pushed not so much by the Central Bank of Iraq, but by the IMF as a long-term project by the banking cartel to control the world’s wealth. We all should know by now the negative aspects of such a move will overwhelmingly outweigh any positive benefits, if you are talking about personal freedoms, privacy and control over your money.

In my 03/11 Newsletter I presented an article titled “SUDANESE ADVISOR: THE UPCOMING DIGITAL CURRENCY IS EASY TO TRADE AND DOES NOT DIFFER IN EXCHANGE RATE”. In the article then the Iraqi Prime Minister’s Advisor for Economic Affairs, Mazhar Muhammad Salih, reassured that the digital currency intended to be launched in the future in Iraq is easy to trade and does not differ in exchange rate.

Mazhar Mohammed Saleh told Rudaw Media Network, “The digital currency that is intended to be introduced in the future is consistent with the general trends of central banks in the world, not just in Iraq,” indicating that the idea started with the Bank for International Settlements, which is the international bank of banks in Basel.” He further explained that “there is a project called (M. Bridge) that deals with settling financial transactions between central banks with this digital currency.”

Now these global elitists have come to Iraq. They are telling us is time for Iraq to subsume to the globalist M.Bridge strategy. Thus, forcing justification for Iraq to also take up the digital currency (paperless currency). I assure you without a shadow of a doubt this has very little to do with breaking the parallel market and everything to do with the long-standing M. Bridge project by the for Bank of International Settlements, which is the international bank of banks in Base. It is a global idea. It is a globalist idea  to control the world’s money supply. Thus nations, if they comply with it, this digital currency, will lose the autonomy of their financial systems to a global order. Remember the freedom of any nation is instilled within its wealth and the wealth is derived from the value and control over of its own currency. Iraq will soon lose this autonomy.      

Remember that under Joe Biden he approved a comprehensive study by the US Treasury for the U.S. also to someday soon to come under this same Central Bank digital currency strategy of M. Bridge. Yes, no more paper currency for the U.S. too. But will the U.S. under president Trump and the U.S. Treasury allow this to happen? Will the Trump administration allow this to happen in Iraq too? I can hardly believe that they have not yet spoken about it. Seems maybe to break Iran is more important right now and the Bank of International Settlements is using this timeframe as an opportunity to get Iraq on the digital platform.

So, what is the CBI to do but to accept this digital currency change when forced down their throats. Oh… but Ali Al-Alaq, in the all the articles makes it sound like it was in the long-term strategy all along. But I assure you it was not. I have Dr Shabibi’s plan and it does not address a digital currency.

For today’s current news, there are always a few articles or maybe even only one article that stands out among the rest of the news. This one today is titled “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management. I want to add that this is no longer a long-term objective but something they are to do now. I mean now!

I hope to publish the entire Newsletter for today’s news soon. There is so much more to tell.

  • What will be the ramifications of this CBI move on our investment?
  • How will this impact the Project to Delete the Zeros?
  • Will the CBI be forced to collect our dinars (out of country) sooner than later?
  • Will this digital currency move, force the reinstatement or at least allow Iraq to now go global with their currency? Is this what the powers-to-be really wanted from Iraq all along?

bla, bla, bla….

___________________________________________

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

______________________________________________

These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

“A Shaking And A Cleansing Is Taking Place In The Church”       

Prophecy begins at the 19:34 mark.   From March 6th.     

    

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

                                             Just 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

March 13, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

March 13, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today.

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.

You have to realize that in Iraq it is an uphill battle to overcome the entities that do not want Iraq to progress and mover forward. We have witnessed this constantly now since we got into this investment. I have presented so much evidence to you to show you what is really going on behind the scenes in Iraq and now actually coming out in the open. Remember the prophets told us that everything will be exposed and so it is. But with exposer, justice is also coming.

I recommend $10 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news, 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…. Enough said….. The future of the Newsletter depends upon all of you.

 Let’s all try to chip in!

Proverbs 11:24

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

_____________________________

More news….

IRANIAN PRESIDENT TO TRUMP: I WILL NOT NEGOTIATE WITH YOU.. DO WHATEVER YOU WANT!

Iranian President Masoud Pezeshkian said he “will not negotiate with his US counterpart Donald Trump while he is issuing threats,” days after Trump said he had sent a letter to Iran’s highest authority urging Tehran to negotiate a nuclear deal. I will not negotiate with you under threat. Do whatever you want,” Pezeshkian was quoted as saying by state media on Tuesday, addressing Trump.

(It is clear and obvious that Pezenshkian is daring Trump to make war on Iran. He knows that Trump cannot afford to go to war this early in his presidency. Also Trump campaigned on anti-war and wants to end these useless wars., which is all wonderful. He says they are waste of our wealth of our nations and could be put to much better use, like taking better care of our citizens. He says prosperity does not come through war or terrorism. So, what will Trump do now? We wait and see.)

STATUS OF THE RV

When Irish Eyes Are Smiling…bla..bla..bla… Heck, you know the song…lol..lol.. As Joe Biden used to say… Thank God he is gone….

But we all should be smiling today and every day. We don’t have to wait until March 17th St Patrick’s Day to put that twinkle back in our eyes. If you are holding Iraqi dinar and you have enough, you are already a millionaire only you can’t go to the bank yet. Get it? Why so gloomy then? Folks the longer we wait the closer we get. Get it? The glass is not half empty! I keep telling everyone you can look at the world through rose colored glasses and pretend, or you can be a realist and still celebrate, but celebrate knowing the FACTS not some fake news. Its the FAKE news that causes stress and apprehension. Yes, the glass is always half full and the pot of gold is still sitting at the end of the rainbow. It has not moved. It is still there waiting for us. Just be patient.

I have tried to explain to you about the Obama/Biden foreign policy towards Iraq and how it effects the economy and how these policies are reflected in the currency reform process. I also tried to connect the pieces of what is going on in the U.S. and what the prophets tell us is going to happen. God is never wrong. Man and his wicked ways can try to stall the process but inevitably God will win. It may be an uphill battle for the Iraqi people, but God will win. He will free the Iraqi people.

😊One article really stands out this period of news is titled “MF DISCUSSES STRENGTHENING IRAQI DINAR“. Iraq’s delegation concluded its meetings with the International Monetary Fund (IMF) in Amman with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI). These discussions with the IMF focuse on Iraq’s economic performance and the IMF acknowledging the progress made. But I have to keep going back to 2012-2013. Why did the IMF sign off and give the CBI the green light to reinstate back then? Iraq didn’t have nearly as much economic growth, gold or reserves in the DFI fund? Since the many more oil wells have been drilled and almost 2/3 more oil is pumped and sold. Does this seem strange to you?

Yes, it is strange on how a foreign policy towards Iraq can change so much since 2012-2013. But what was really going on back then? Obama was already president and this period was under his first term of office. So why did the U.S. also sign off on this plan to reinstate the dinar back then?

We only have to put our THINKING CAPS on and THINK! THINK! THINK! So, what else took place in the fall of 2012 and continued through early 2013? What happened was the Obama and Bush administration politicians decided they were going to exchange and cash-in on this opportunity to get rich from the Iraqi war. So, Obama authorized the U.S. Treasury to fund these early exchanges even though the IQD was not yet on FOREX. Was thi this even legal?

Then the Obama administration did something that was even more sinister and horrific, as if this corruption was not bad enough. Obama and his Vice President Biden and Secretary of State decided to do a 180 degree turn on the foreign policy towards Iraq, which is what we are stuck with today. This change occurred right after these early, illegal exchanges occurred. Go figure! Talk about corruption.

So, today we can have all the GDP growth figures, economic indicators, bla, bla, bla we want all in favor of Iraqi’s vast progress, however it is still subjective as to when they decide to give them the green light again. Who makes this decision and what is the final criteria? Folks it is all subjective. It is all politics. When they simply cannot hold back the progress in the public eye any longer and the wealth is so massive, they will have no choice.

Define SUBJECTIVE: based on or influenced by personal feelings, tastes, or opinions.

So, you see this is what I mean when I say there is really no set defined criteria. it is all subjective. Just look at the past history of the RV. Am I telling you the truth or lying to you? This is what my CBI contact has told me many times. Many of my blog followers still want to pursue the same old intel guru speculative thinking basing the RV on a single event has to happen and we will see it. It simply does not work that way. Yes, I am told that there are still many issues that must be resolved prior to the RV, but this does not mean it will occur once these events are resolved either, i.e. Oil and Gas Law.

On the other hand, the United Nations have also come out and spoke openly the the DFI funds in NYC should be released back to Iraq as soon as possible, since Chapter VII sanctions are released. What has this not yet happened?

I also want to point out that we read in the recent past that the IMF has stated that Iraq qualified for a global transformation of their currency and it should be reinstated. Why has this not yet happened?

😊Then in today’s news article titled “GOVERNMENT ADVISOR: WE HAVE A LARGE FINANCIAL SURPLUS ENOUGH FOR IRAQ TO COVER TWO YEARS OF IMPORTS” we read that Mohammed Al-Najjar, the Prime Minister’s Advisor for Investment Affairs, confirmed that the Central Bank has a large financial surplus sufficient for Iraq to cover two years of imports. This does not even cover the 162 tons of gold. Tell me what small developed economies like the country of Iraq, have this much financial security, like Iraq does?

😊Then if everything I have told you today is not amazing enough, lets look at what they told us in the article titled “THE BLACK FILE”… REVENUES PARALLEL TO OIL LOST OUTSIDE THE STATE TREASURY: 3 PROPOSED SOLUTIONS (DETAILS)“. Just yesterday Wednesday (March 12, 2025), the representative of the Patriotic Union of Kurdistan, Bryar Rashid, raised decisive questions about what he described as the “black file” in Iraq, noting that non-oil revenues, which are equivalent in size to oil sales revenues, do not enter the state treasury in full. WOW! WOW! WOW! Didn’t I tell my readers that the non-oil revenues can rival the oil revenues, if only the GOI could control them? So here we read it from them now again.

Rashid confirmed, in a statement to “Baghdad Today”, that “all countries in the world depend on internal revenues such as taxes and service fees, which are used to finance salaries and expenses, but the situation in Iraq is different, as non-oil revenues reach the Ministry of Finance in very small amounts compared to their actual size.”

😊Then we also read news in the article titled “RAMADAN REVIVES THE IRAQI DINAR AND OFFICIAL EXPECTATIONS OF A CONTINUED DECLINE IN THE DOLLAR“. In this news we learn that the exchange rate of the US dollar in the parallel market in Iraq declined significantly during the first and second weeks of Ramadan, recording 1,480 dinars per dollar, or less than that, from 1,520 dinars before the beginning of the month. They told us that the decline was due to several factors, most notably the strict measures taken by the Central Bank of Iraq to control imports and electronic money transfers, in addition to the decline in economic activities of the Iraqi citizen during the month of Ramadan. I will add that my personal suggestion is that it was the cutting off of CASH dollars to Iraq from the U.S. that was the measure that was the straw that finally broke the camel’s bank in this effort. Let’s wait and see where this goes next coming weeks. Again, the CBI has told us they need this parallel market rate to equal of very close to the “official” rate of the dinar. It is slowly happening. I am hearing from the CBI they make finally conduct the Project to Delete the Zeros when this occurs, pending no other issues to prevent it.

So, the news this period was all good. I don’t expect any bad news. With the expectations of the silk road project, building these industrial cities and the port of Faw, how can Iraq lose? We must keep up with our prayers. Are you listening to the prophets? I believe it is essential to connect the spiritual side with what we see playing out in the U.S. politics and how this will affect our investment in the dinar. We really can’t separate the two. When this is all said and done, you will look back and realize just how right I was in taking his approach. God works in funny ways. Just when you think you have it all nailed down, you see an irony or a twist things just change on a dime.

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

I wanted to refer two prophecies today to you. Both are amazing information from God.

“The Calm Before The Storm Is Almost Over”       

Prophecy begins at the 20:16 mark.  2nd one from March 9th.     

What does the title of today’s prophecy mean. I find it amazing how God talked to Julie just in a time when all of us dinar investors are getting discouraged. Where is our HOPE? Where is our PERSERVERENCE?  So, what is this prophecy all about today? It’s about God encouraging us to go ahead and how our faith in Him will get us to the end.     

    

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PROPHECIES FULFILLED: How do we engage the prophecies? Are they really a voice from God? So, as we listen and time passes, we step back and analyze what happened and compare to the prophetic words spoken.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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CAN THE U.S. POWER THE ENTIRE COUNTRY WITH ONE HUGE SOLAR PANEL FARM?

Although Elon Mush may have an idea what would it take to make this happen? He suggests a 100 square mile solar farm. Does the effort and expense make it feasible even? What are the long effects of such a project? Let’s take a quick look at this today. It is easy to make such statements but what is reality?

First, this effort would take an enormous amount of batteries to set up. This solar energy must be stored somewhere. Musk even admits it. Are his companies going to be one to build such a solar farm? Is this why he even suggested it?

Second, what happens when the shelf-life (abut 20-25 years) is over and the panels need to be replaced? Then you start all over and what have you gained financially? Are they really financiall feasible to the common homeowner?

Third, is how to transmit this energy across the entire United States from this 100 square mile solar panel reserve.

Fourth, we could easily have this 1000 square mile of solar panels sucking in the sun’s energy by simply placing panels on our individual homes or setting up local “sun farms” feeding energy to the owner and then the excess back to the grid. It’s the cumulative effect of all our homes that could equal this large 1000 square mile solar farm that Musk suggest. We don’t need to have one huge 1000 square mile solar installation.

Fifth, if we incentive a program for the homeowner, much different than the current local solar programs of today geared mostly at these solar companies making huge profits off false claims of energy independence. Actually they are just transferring payment of an electric bill into a new bank loan. By the time the bank loan for the panels and installation fees is all paid up, the panels are obsolete and must need replacement. The cycle starts all over again. Who wins?

Only the solar panel companies win, as they get paid off from the banks each time and are out of the picture quickly when the installation is completed. The homeowner is then stuck with a bank lien on the property and a new twenty to twenty-five-year loan to pay off. I have to tell you also that for most homes they cannot hold enough panels to fully supply all their energy needs and thus most have to “borrow” or pay for more energy anyhow at an additional cost from the grid. What have you really gained? Many do not get the excess power to “sell back” the power companies as, these program claim will happen.

Sixth, be careful! Your home will not still have energy at a time of black outs since if you don’t pay for batteries the energy cannot be stored for these times, such as night or stormy cloudy days. What do you do? You may buy the batteries at about $8,000 each and so your loan amount only then increases putting you mostly doubling what your normal electric bill was before you began all this foolishness with the solar program. A simple home will need 2-3 of these batteries ($24,000 minimum) since refrigerators, well pumps, and some appliances gobble up the energy when first starting their motors. Don’t believe me? Just ask anyone who already when through the gambit.

So, feasibly versus practicality with solar are always at odds. My conclusion is that solar or windmill are not going to be the energy solution to get off fossil fuels. Don’t be tricked by these advertisements. Remember too that God, through His prophets, already promised us that there are going to be three (3) new sources of energy in the near future. They will be sustainable, efficient, cheap and clean. I believe this time is close at hand.

WILL ILHAN OMAR FINALLY GET REMOVED FROM CONGRESS

THE PROCESS TO ABOLISH THE FEDERAL RESERVE HAS ALREADY BEGUN

Rep. Thomas Massie introduces the “Federal Reserve Board Abolition Act”

SHOULD THE FEDERAL RESERVE BE ABOLISHED? FEATURING: Jane W. D’Arista

You might want to pick up a copy of Volume I and read it for more details.

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DOGE CLAIMS IT FOUND BILLIONS LINKED TO GOVERNMENT-ISSUED CREDIT CARDS

‘ROGUE AGENCY’: LAWMAKER SEEKS TO ELIMINATE CONSUMER FINANCIAL PROTECTION BUREAU

SOCIAL SECURITY INSOLVENT IN 5 YEARS… REALLY?

I am sure you heard this rhetoric before especially at the time to budgeting. This is the same old threat to scare citizens into pressuring congress for their pet projects. But there is a much different side to this story about SSA going insolvent. DOGE is getting to the bottom of this issue of insolvency. Is it real? What is really happening to the money that is supposed to be in the fund? Why are our social security benefits so low? Let’s take a look at this today.

That’s 71.8 billion in corruption in the SSA payments to ghost recipients and this is without a comprehensive search. In other words they have just scratched the surface. This is your retirement money that you are not getting each month. This is why your monthly SSA payment in many cases is so low. This is why the leftist keep harping that SSA is going to be insolvent in 5 years. Yes, they know they are stealing from the fund.

Do you get it yet? Are you seeing the mismanagement and corruption? Folks this is your money from your retirement they are stealing. Let’s expose it and clean it up. Those responsible should go to jail. Did Clinton, Obama or Biden care about cleaning this up? Did they even care at all about the government corruption and waste?

Click on Picture to watch video

WOW! The prophet Julie Green just told us yesterday and many times before that God has told us that this is just scratching the surface. Much more will be found. Are you watching her prophetic words each Newsletter. When you do you should also think about how this all effects what is going on the middle east and the RV with Iraq. Folks it all interconnected. Maybe you can’t see it all now but you will. I assure you its all coming.

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EU FIRES BACK AGAINST US TARIFFS 

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”

The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. Jesus prayed too to the Father while he was alive. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election and within this short period of time since so far what exposure has taken place. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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IMF DISCUSSES STRENGTHENING IRAQI DINAR

Iraq’s delegation concluded its meetings with the International Monetary Fund (IMF) in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI).

Discussions focused on Iraq’s economic performance and sustainable growth prospects, with the IMF acknowledging the progress made.

Key discussions included:

  • Non-oil GDP growth of 5% in 2024, driven by agriculture expansion and increased public spending, with 3.5% growth expected in 2025.
  • Reduced dependence on oil revenues, improving economic diversification and stability.
  • Review of actual 2024 expenditures and 2025 revenue forecasts, alongside strategies for deficit financing.
  • Public debt strategy update, ensuring fiscal sustainability and investor confidence in government bonds.
  • Financial sector reforms, with the IMF stressing the importance of banking modernization to attract foreign capital.
  • Expanded collaboration with international correspondent banks to facilitate trade financing.
  • Increased use of the Iraqi dinar in major transactions to strengthen the national currency.

The IMF reaffirmed its support for Iraq’s financial policy development, offering advisors and experts to assist the Ministry of Finance in public debt management and tax system improvements.

The meetings underscored Iraq’s commitment to fiscal reforms, promoting economic stability and investment-friendly policies, in line with its strategic partnership with the IMF.

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

The exchange rate of the US dollar in the parallel market in Iraq declined significantly during the first and second weeks of Ramadan, recording 1,480 dinars per dollar, or less than that, from 1,520 dinars before the beginning of the month.

The decline is due to several factors, most notably the strict measures taken by the Central Bank of Iraq to control imports and electronic money transfers, in addition to the decline in economic activities of the Iraqi citizen during the month of Ramadan.

“strict measures”

Government advisor Alaa Al-Fahd says the decline in the dollar price in the parallel market is due to the Central Bank’s implementation of strict measures aimed at controlling imports and electronic money transfers.

He added that this measure reflects the success of the Central Bank’s monetarypolicy, as Iraqi banks have begun to implement correspondence operations with international banks with which they have commercial relations. He added that diversifying the currency basket contributed significantly to easing pressure on the dollar, and that most imports of consumer and food goods are financed through the official platform of the Central Bank and at the official price, stressing that any trading outside this framework is considered unofficial dealing.

Al-Fahd praised the Central Bank’s announcement of implementing digital transactions and encouraging tourism, stressing that these steps contributed to easing pressure on the parallel market for exchange rates.

Al-Fahd expected the market to remain stable, especially with most of the needs of Ramadan and the Eid season being covered through the official platform and at the official price, noting that expectations indicate a continued decline in the dollar price in the coming period.

The exchange rate of the dollar against the dinar increased significantly in the last week before Ramadan, recording 1,520 dinars per dollar for sale and 1,510 dinars for purchase in the main stock exchanges, but in the first week of Ramadan, the exchange rate recorded a significant decrease, reaching 1,465 dinars per dollar for sale and 1,475 dinars per dollar for purchase in the main stock exchanges in Baghdad, Erbil and Basra.

In the second week of Ramadan, the exchange rate rose slightly, recording 1,485 dinars per dollar for sale and 1,480 dinars per dollar for purchase, with a variation up or down not exceeding two and a half dollars.

The exchange rate of the Iraqi dinar against the dollar is affected by several main factors, including:

-Daily sales volume in currency auction

-Central Bank procedures related to external transfers

-The need of traders to import goods, especially from countries subject to US sanctions, which increases the demand for the dollar in the parallel market.

-Smuggling the Iraqi dinar to other countries to benefit from price differences.

“Ramadan is a game changer”

For his part, economic expert Ahmed Al-Ansari believes that the decline in demand for the dollar during the month of Ramadan is mainly due to the decline in economic activities of the Iraqi citizen, which is evident in the decline in the movement of real estate, cars and basic services.

Al-Ansari explained that the weak purchasing power of citizens also contributed to reducing the volume of imports, which led to a reduction in demand for the dollar in the parallel market.

He added that the Central Bank’s measures aimed at reducing imports through the black market and encouraging traders and importers to import through approved banks and convert the dollar at the official price were an additional reason for this temporary decline.

Al-Ansari expected a strong recovery in the markets after Ramadan and by Eid al-Fitr, which could lead to a slight increase in the dollar price or a return to its previous level, stressing that the dollar price is greatly affected by the strength of supply and demand in the market, as it rises whenever demand for it increases in the parallel market.

He pointed out that the continuation of the facilities provided by the Central Bank, such as providing travelers’ dollars, will encourage citizens to deal at the official price and avoid exchange offices and banks that sell dollars at higher prices.

On February 7, 2023, the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar against the dinar, equivalent to 1,300 dinars per dollar, obligating banks to sell at a rate of 1,310 dinars per dollar and at a rate of 1,320 dinars per dollar for currency transfer operations when using electronic cards while traveling or online, with a ceiling of 3,000 dollars at the official rate granted to each traveler who presents a visa and a travel ticket with his official passport.

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IRAQ, WORLD BANK DISCUSS ENHANCING FINANCIAL COOPERATION

Finance Minister Taif Sami stressed the importance of the ongoing partnership with the World Bank, and Iraq’s aspiration to benefit from the technical and financial support provided by the bank in implementing strategic projects to stimulate economic growth and provide job opportunities, especially in areas including infrastructure and human development. This came during her reception of the World Bank Representative to Iraq, Jean-Christophe Carret, and his accompanying delegation.

The meeting discussed ways to enhance economic and financial cooperation between Iraq and the World Bank. It reviewed a number of key topics related to enhancing financial stability in Iraq, in addition to discussing development projects that the two parties seek to implement with the aim of achieving sustainable development.

For his part, the World Bank representative expressed the bank’s commitment to continue supporting Iraq in achieving its development goals, noting that the World Bank pays great attention to enhancing Iraq’s ability to face economic and development challenges, with a focus on sustainable development and achieving comprehensiveness in the benefits achieved.

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THE BLACK FILE”… REVENUES PARALLEL TO OIL LOST OUTSIDE THE STATE TREASURY: 3 PROPOSED SOLUTIONS (DETAILS)

Today, Wednesday (March 12, 2025), the representative of the Patriotic Union of Kurdistan, Bryar Rashid, raised decisive questions about what he described as the “black file” in Iraq, noting that non-oil revenues, which are equivalent in size to oil sales revenues, do not enter the state treasury in full.

Rashid confirmed, in a statement to “Baghdad Today”, that “all countries in the world depend on internal revenues such as taxes and service fees, which are used to finance salaries and expenses, but the situation in Iraq is different, as non-oil revenues reach the Ministry of Finance in very small amounts compared to their actual size.”

He pointed out that “this file is one of the most prominent hotbeds of corruption in the country, as revenues are recorded at low numbers that do not reflect their actual reality,” calling for a review of the mechanism for collecting them and ensuring that they are delivered to the state treasury according to their actual numbers.

Rashid stressed that “continued reliance on oil as a primary source of income is no longer a sustainable option, especially with the increase in expenses and salaries,” noting that “large sectors, such as border crossings and government services, can generate huge revenues equivalent to oil revenues, if they are controlled and managed transparently.”

He concluded his speech by calling for serious government action to address this issue, which he described as “one of the biggest doors of corruption in the country,” stressing that “ignoring it will lead to continued financial waste and weakening of the national economy.”

Non-oil revenues in Iraq have always been a thorny issue that reflects the challenges of administrative and financial corruption in the country. Although Iraq has diverse sources of income, such as taxes, customs, government service fees, and tourism revenues, these resources are not clearly reflected in the state’s general budget, as they are recorded in modest numbers.

Experts believe that enhancing transparency, improving the collection system  and combating corruption are the most prominent  solutions proposed  to reform this file. This may enable Iraq to finance a large part of its budget away from complete dependence on oil, which will achieve economic stability in the long term.

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THROUGH THE ECONOMIC PAPER, THE COORDINATION FRAMEWORK CALLS FOR AN END TO AMERICAN BLACKMAIL OF THE IRAQI GOVERNMENT

On Wednesday, Issam Shaker, a leader in the Coordination Framework, called for an end to Washington’s repeated blackmailing of the central government through the use of economic pressure.

Shaker told Al-Maalouma, “US policy relies on repeated blackmail of the central government through economic pressures aimed at obstructing the passage of laws or policies that directly serve the people’s interests.” He noted that “Washington’s attempt to pressure Baghdad to halt gas imports or limit its engagement with Arab and Islamic issues to serve the occupying entity’s agenda is completely unacceptable.”

He added, “This situation calls for a review of agreements with the United States, and efforts to achieve economic and financial independence that reduces the US Treasury’s exploitation of the dollar issue and prevents Baghdad from compromising its national positions.”

Shaker pointed out that “America has no right to impose restrictions on Baghdad regarding the countries from which it imports gas to operate its power plants,” emphasizing that “Iraq has an independent government that determines its priorities and national interests. Therefore, American pressures that serve private agendas without regard for the grave harm they inflict on the Iraqi people cannot be accepted.” Shaker asked, “How can we replace gas imported from Iran by other countries, given that Iraq is approaching the peak summer of 2025, when demand for electricity is increasing?”

It’s worth noting that “Washington is imposing economic pressure on Baghdad to halt gas imports from Iran, despite knowing that such a decision would severely impact power plant production by the summer of 2025.”

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AL-FATH: AMERICAN COMPANIES HAVE FAILED IN SEVEN VITAL SECTORS IN IRAQ

A leader in the Fatah Alliance, Uday Abdul Hadi, confirmed on Wednesday that American companies have failed in seven vital sectors in Iraq, most notably the electricity sector.

Abdul Hadi told Al-Maalouma, “American companies have enjoyed numerous exemptions to operate in most sectors within Iraq for many years, including seven vital sectors, including electricity. Despite the central government spending tens of billions to finance these companies’ projects, they have clearly failed and have not succeeded in delivering any vital projects for Iraq, especially in the field of electricity.”

He added, “All strategic projects in Iraq are being implemented by multinational companies, while American companies have not provided any real, reliable achievements.” He explained that “this failure reflects the lack of a genuine agenda that seeks to build and improve the reality of basic services.”

Abdul Hadi pointed out “the necessity of Iraq opening up to international companies to achieve its own interests, and not submitting to American pressure, which has not provided anything tangible for the national economy, but has contributed to delaying the development of many sectors, including electricity, through its pressures to prevent the entry of international companies, especially German companies.”

It is noteworthy that American companies have obtained a large number of contracts in several vital sectors within Iraq during the past years, but they have not provided any noteworthy achievements, and have been late in implementing many of the projects assigned to them.

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GOVERNMENT ADVISOR: WE HAVE A LARGE FINANCIAL SURPLUS ENOUGH FOR IRAQ TO COVER TWO YEARS OF IMPORTS

Mohammed Al-Najjar, the Prime Minister’s Advisor for Investment Affairs, confirmed that the Central Bank has a large financial surplus sufficient for Iraq to cover two years of imports.

Al-Najjar said in the program “Under Two Lines,” broadcast on Al-Iraqiya News, followed by the Iraqi News Agency (INA), that “the US administration is dealing positively with Iraq, contrary to what is being circulated in the media,” noting that “there is a moderate discourse from the United States because the energy market cannot bear it.”

He added, “The Central Bank has a large financial surplus sufficient for Iraq to cover two years of imports,” stressing that “there are mechanisms that the Central Bank is working with the US Federal Reserve to structure.”

He pointed out that “the government is currently implementing the banking reforms agreed upon between Washington and Baghdad,” explaining that “everyone is trying to protect Iraq because it is not in their interest for Iraq to be exposed to any crisis.”

He continued, “The cost of reconstruction and bridges in the country does not exceed 12 trillion dinars.”

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

                                             Just 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

March 11, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

March 11, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today.

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.

You have to realize that in Iraq it is an uphill battle to overcome the entities that do not want Iraq to progress and mover forward. We have witnessed this constantly now since we got into this investment. I have presented so much evidence to you to show you what is really going on behind the scenes in Iraq and now actually coming out in the open. Remember the prophets told us that everything will be exposed and so it is. But with exposer, justice is also coming.

I recommend $10 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news, 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…. Enough said….. The future of the Newsletter depends upon all of you.

 Let’s all try to chip in!

Proverbs 11:24

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

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More news….

AL-ALAQ: IRAQ HAS ONE OF THE HIGHEST GOLD RESERVES IN THE ARAB WORLD, AT 162 TONS.

The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Tuesday, that Iraq has one of the highest gold reserves among Arab countries, amounting to 162 tons.

Al-Alaq told the official agency, which was followed by “Al-Eqtisad News”, that “the Central Bank is closely monitoring the movement of gold and currencies,” noting that “part of diversification to ward off any risks is to have a percentage of gold reserves, especially in recent years there have been continuous purchases.”

(Just more bragging…..where is the revaluation of the currency? When will they stop artificially suppressing the dinar? )

STATUS OF THE RV

In opening my commentary today on the status of the RV, I want to say that this “Latest Mnt Goat Newsletter” BLOG is my information. There is no other site including YouTube or others that represent me. I do not post any of my information on any other site. Don’t be fooled! Let’s stick to the FACTS. Rumors are Mnt Goat said the RV occurred. I did not say this, just so you know.

Many take my information and use it for their own monetary gain. They take it out of context and twist the facts to suit their own warped, fake reality. Since they have not done any research as they are either not mentally capable or are just too lazy. Instead they only speculate at best what is happening in Iraq. I don’t want to get caught up in their FAKE news or lies. So, be careful of whom you listen to. My blog is open to all to view. There is no LOGON Accounts or standard subscription fees. I post all the article here for everyone to freely read for yourself. There is no backroom “special” place for the juicier articles with a special fee. I want to leave it that way, if possible.

☹ I have to come on today to first clarify yet another intel guru idiocy. This one is about what was said by them about an article titled “ECONOMIST: LOWER OIL PRICES MAY PUSH IRAQ TO REDUCE EXCHANGE RATE AND CUT EXPENSES”. So, lets dive into this article and get the FACTS straight. First, lets see what the article says and I quote from it –  “Economic expert Nabil Al Marsomi warned today, Monday, that the continued decline in oil prices will put the Iraqi government before difficult choices, including those that may include reducing the exchange rate to confront financial challenges.”

So, by reducing the exchange rate Iraq means to devalue the currency much like it did in 202. Do you remember this measure back then? Do you understand why they took this measure back then? I will assume you do understand since I talked about this and explained it many times already. So, this article to does not mean a revaluation.

Again, they do not mean taking 1310 and making the rate, for instance 1200, which would be a literal reduction and a revaluation. They do not mean a literal reduction instead they mean a reduction in the value of the dinar, meaning it would take more dollars to buy a dinar and thus the dinar would be worth less in Iraq than it is today, so the rate would probably go up something for instance like 1400 not the other way.

Think, Think and Think! Gosh…. God gave you a brain. Stop listening to these idiot intel gurus. Why else would Iraq tell us it would be a “difficult decision”, yet another reason to believe it would be a devaluation. Get it? If it was a revaluation, it would not be difficult, it would be easy. The difficulty comes in a devaluation.

Another sign that it would be a devaluation is the statement given in the second paragraph and I quote – “the government may be forced to take austerity measures that include reducing public expenditures and increasing non-oil revenues,” noting that “the oil market is currently suffering from significant weakness”. Remember that still 90% of the revenues come from the petro-dollar and the dinar is still pegged solely to the U.S. dollar. So, if oil prices decline, as they are telling us in this article that they are, then the dinar would decline, thus the rate would drop (or the numbers would rise, meaning it takes more dinars to make one dollar.)

I find it very difficult to see how grown-up adults could analyze the exact same article and come up with just the opposite information. Do any of these intel gurus out there really know what the hell they are talking about?

Again, this is why the Iraqi dinar needs to get off the sole de facto peg to the US dollar. Also get off the petro-dollar. They need to get off the Obama/Biden policy towards Iraq which is still a “sanctioned-like” driven foreign policy. As we all know Iraq has been out of Chapter VII sanctions since Dec 2022. I know I keep harping on these FACTS but it is important to see and understand just what is really happening in Iraq and what has to change.

They need to peg the dinar to a basket to prevent these wide swings every time there is a hiccup in the oil market pricing of oil. Why these swings in the dinar rate? These swings are cause by two things:

1.Because Iraq is still forced to sell oil in US dollars only;

2.The Iraqi dinar is still solely pegged to the US dollar.

They do not and should not have to build up the economy first with non-oil revenues to combat this peg and reliance on the dollar, as this is what they are doing now. I tell you the value of the Iraqi dinar is already there and its there in the mere fact that they have large quantities of oil reserves, can bring it to market along with the other products. They have willing and able customers. It may not mean $70 a barrel, but even at for instance, $35 a barrel along with the gold stockpiles and the monetary CBI reserves, the assets can the dinar rate far greater than 1/6 of a penny for a dinar. Hey, I thought they were now moving to “asset” based currency values? So where is this effort when it comer to the Iraq?

What I am trying to tell you again is that they are still artificially suppressing the dinar and I believe they are still holding to this Obama/Biden foreign policy due to the economic war between Iran and the US, at lease for the time being. The currency resetting has to take place as some point. This news in this article is just yet another example of the problems facing Iraq.. Problems that they will NEVEER solve until they stop treating their economy like it is still under Chapter VII sanctions.

Are they finally breaking the parallel market?

We have also witnessed this and there is a significant decline the black-market pricing of the dinar. In other words it is getting closer and closer to the “official” CBI rate. But this news today is shocking news and we all certainly hope they do not decide to devalue the dinar, as they did in 2020.

What else is in the news….

There are a few articles about the gas and electricity imports from Tehran to Iraq. The US State Department announcing that it is reviewing all economic exemptions that provide Iran with any degree of support, in an escalatory step that could have broad repercussions, especially on Iraq, which relies heavily on gas and electricity imports from Tehran.

I will not list all the articles here on this subject and you can go are read them for yourself in the Articles Section of the Newsletter. Are they worth reading? I would pay attention to what they are telling us, but most of us should already be aware of this news as I have talked about it already. Iraq is trying now to negotiate gas from outside Iranian sources. They have also asked for U.S. help to finally complete the electricity grid, but remember this grid is to run off of almost exclusively natural gas LNG, something that they are working on to capture from their own Iraqi oil wells and use in their power plants. But this takes time to implement and pay for this project.

This gas is just being wasted today and blown off. This project cost money and would not be completed until 2028, three years from now. So, what do they do in the meantime? Maybe they can shorten this project with the U.S. help. Trump is good as solving problems and so let’s see what he comes up with for this one….lol..lol..lol..

😊Also in the news they talk a lot about this digital currency once again. I think there are four articles on it this time. We witnessed now three of my past Newsletters dominated with articles about this subject matter too. So, is it important?

I want to emphasize again the this is a long-term project for Iraq and we will most likely be out of this investment and exchanged already by the time they do it, if they can do it. In the article titled “DIGITAL CURRENCY IN IRAQ: CRISIS OF CONFIDENCE.. THE BIGGEST OBSTACLE”. I quote from the article “However, despite the promising prospects of this step, the project faces a fundamental challenge represented by the lack of confidence of citizens in Iraqi banks, as a result of the accumulation of financial crises, administrative corruption, and weak banking services. Can such a step succeed in an environment that is ranked among the highest in the world in cash circulation outside the banking sector?”

We can clearly see that a replacement of paper currency by a digital currency is not feasible at this time for Iraq but it will still be pushed in the future. But who is really pushing this agenda of a Digital Currency for Iraq?

In yet another article this question is answered. The TRUTH comes out who is pushing this agenda for a Central Bank Digital Currency (CBDC) for Iraq this time. We know that in December 2021 the then President Biden set in motion an analysis of the prospect of changing the US dollar to a digital currency. As we have witnessed this already for the U.S. in 2021 then now in 2025 this same entity has come to Iraq and is pushing this idea on them too. Yes, the U.S. so far had been suckered in to it and gone along with it until the newly elected President Donald Trump is stopping it. Can he also mandate that Iraq too put a stop to this nonsense. I call it nonsense because it is the globalist mechanism to get full and utter control over the entire global money supply, one country at a time. Remember just who the Central Bankers are. They are globalist elite, the very wealthy, the banking cartel. They do not represent you and me. Do we really want them controlling every aspect of our lives and using our wealth as bribery to adhering to their globalist agenda and mandates? Oh…. They call this blackmail, but remember once it’s done you can’t turn back. There is no trying it out concept.  

☹So, who are these people pushing this CBDC now also on the country of Iraq?

In the article titled “SUDANESE ADVISOR: THE UPCOMING DIGITAL CURRENCY IS EASY TO TRADE AND DOES NOT DIFFER IN EXCHANGE RATE”. I quote from the article – “the idea started with the Bank for International Settlements, which is the international bank of banks in Basel.”

Then it goes on to explain that “there is a project called (M. Bridge) that deals with settling financial transactions between central banks with this digital currency, so this external reflection must also be reflected internally,” believing that “the central bank is more in need of entering (M. Bridge) in its settlements with the major global oil trade areas in China, India, Southeast Asia and some European countries.”

It is noteworthy that the “M Bridge” project was launched in 2021 at the initiative of the Bank for International Settlements in cooperation with China and a number of central banks, with the aim of accelerating international payments using digital currencies, reducing transaction costs and ensuring their security.

I want to also want you to know that in this articleAl-Sudani’s advisor pointed out that “90% of the monetary mass is outside the banking system, so Iraqi society deals with paper money, and it is unreasonable to immediately switch to digital currency overnight, adding that “it is the project of hope for Iraq, and is directly proportional to the progress and development of the uses of digital currency in the world, and it is equivalent and proportional in terms of value to the issued paper currency.” Will we have to wait for this digital currency to RV? All I can tell you is what my CBI contact has told me. She has said already that the Project to Delete the Zeros will occur and is planned to occur. This is not digital currency! That will come later once reinstated. We all know that this project will not happen until the rate revalues in-country.

What I don’t like about these many articles in today’s news from Iraq and the other past article about the CBDC is they only talk all about the advantages but NOTHING about the disadvantages and there are many too. They do not talk about the lack of freedom, privacy and the control over the population that they could, and probably will use, on the money supply to manipulate the population. This is not FREEDOM by any stretch of the imagination.

Just think if they forced you to take a vaccine or forced implants under your skin with your personal banking data as part of this effort. It could be any number of futuristic events they want to force you into doing. If you refused, how would you survive if they shut off your money supply? They could easily do this even without a court order or due process within the CBDC. Would you be FREE any longer? We also know that brain implants are on the horizon to tie into a centralized computer. These brain implants can also monitor every thought, and artificial intelligence (AI) can then screen and filter your thoughts and raise red flags on those not in-line with the agenda of the government. Folks is this what you want? But the CBDC is the start of it, and it will progress and then link this monetary policy into other entities to control you. Yes, absolute control by the state. These entities and links are already laid out. This is not a conspiracy theory. The World Economic Forum (WEF) already told the public that in 2o years we will all be competing with AI and so we will need our brains to be hooked up the centralized computer network.

These are going to be very scary times ahead if we don’t put our foot down on this CBDC effort and stop it now. We must also contact our representatives in our governments to force strict rules on the use of AI. AI is moving too fact and we must catch up with it before its too late.

Will Iraq get the Oil and Gas Law passed soon?

😊 The next hot topic of the week is found in the article titled “PARLIAMENTARY COMMITTEE CALLS ON GOVERNMENT TO REFER OIL AND GAS LAW TO PARLIAMENT IMMEDIATELY”. The Deputy Chairman of the Parliamentary Oil and Gas Committee, Adnan Al-Jaberi, called on the government on Thursday, to expedite the referral of the Oil and Gas Law to the Council of Representatives, stressing that its legislation is an essential step to regulate the management of oil wealth and ensure the fair distribution of revenues between the federal government and the producing regions and governorates. Then another article came out following this one titled “PARLIAMENTARY OIL COMMITTEE RULES OUT PASSING OIL AND GAS LAW DURING CURRENT SESSION”. The Parliamentary Oil and Gas Committee confirmed last, Friday, that there are disagreements over the management of resources, which led to the obstruction of passing the Oil and Gas Law, while it ruled out passing it in the current electoral cycle. “The oil and gas law has been a demand since 2007, but attempts to legislate it have failed due to political differences and lack of agreement with the Kurdistan Region.

For those of you who are not familiar with the necessity of the Oil and Gas Law let me give come clarity now. I will try to be brief and use the information just given to us in these two articles today, which by the way backup everything I have been saying about the necessity to get his law passed in parliament.

In one article they point out “the parliamentary oil committee has made intensive efforts with the leaders of the political blocs to clarify the importance of enacting the law, as it regulates the oil wealth that fully funds the state, and contributes to resolving the disputes between the federal government and the region, which contributes to achieving political and economic stability.”


The articles point out that “Article 112 of the Iraqi Constitution stipulates the necessity of regulating the oil and gas sector through the enactment of a special law, but the lack of a common vision and agreement between the federal government and the Kurdistan Region, as well as between the producing provinces and Baghdad, has prevented its approval so far. It adds that “the most prominent point of disagreement between Baghdad and Erbil is related to oil resources and the region’s commitment to the decisions issued by the Federal Court and the International Court,” noting that “this law is one of the laws that complement the constitution.”
 

Remember that the CBI has told us many times in articles that this law must be passed and the currency reform is dependent on it. They did not, of course, use these exact words but when they say this law governs 90%  of the wealth of the nation and they then need SECURITY and STABILITY what does this tell you about this law. Then on top of this from the past we read yet more about it today and they even emphasize the article 112 constitution mandate even more now.  

So, let’s not make up stories to satisfy listeners that the Oil and Gas Law is all done because we know NOW without a shadow of a doubt after reading these articles today that it is NOT ALL DONE. I have been saying his for years now. Are they listening to me? Yes, I am talking especially to you TNT idiots Tony Renfrow and his side kick brother Rayren.  

😊 Lastly, we can read article titled “TRUMP HINTS AT IMMINENT EVENT IN IRAN: I HOPE TO MAKE A PEACE DEAL WITH THEM”.  US President Donald Trump expressed his hope on Friday evening to conclude a peace agreement with Iran that would prevent them from possessing a nuclear weapon, stressing that “something will happen with them very soon.” Trump added in statements he made at the White House that “the United States is in the final moments of negotiations with Iran, and that he hopes that military intervention will not be necessary.”

“We have a situation with Iran, something is going to happen very, very soon,” Trump continued. “You’ll be talking about it soon, I think.”

As I said before the situation in Iraq can change rapidly, very rapidly. The RV has not yet happened. There are no newer lower denominations yet in circulation. If anyone tells you otherwise, they are FLAT OUT LYING! Once the situation in Iran is resolved, Iraq will be in a much better position to go to the U.S. and make their plea to return their currency back to them and finally get fully out of this sanction-like mode of the sole peg to the US dollar and move on.

Yes, Iraq needs desperately to move on from the era of sanctions and the Obama/Biden foreign policy. They need to get their dinar reinstated with a rate reflecting the current assets and wealth of the nation now and then, as the economy grows, so will the currency reflect that growth as the currency rate can go up. But to say they have to first grow the economy to a massive scale and get out of their “rentier” oil economy is ridiculous and it is holding back real growth and prosperity in Iraq. It has been a policy of manipulation and corruption by the suppressors. It would take decades more to do this. Those days must end and will end.

Are you still praying? This is the time to stay on track with your prayers. There is still much to do to fix your nations. This warped global ideology of mass depopulation and controlling those that will be leftover is mad. it is sinister and evil. Sure, maybe you are saying I am a crazy woman but do you know the global plan even? How can you criticize me if you have not studied this ideology like I have. Surely, once you do dive into it, you too will see it and understand it clearly. God, through His prophets, has told us He is going to fix it. This includes what they have done to Iraq too. We may have to wait a bit longer for the RV, but I assure you its is coming and not way off.

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

I wanted to refer two prophecies today to you. Both are amazing information from God.

“The Dark Secrets In New York Will Bring Down Those In DC”       

Prophecy begins at the 19:53 mark.  Second one from March 2nd    

Prophecy begins at the 19:42 mark.   From March 5th.     

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PROPHECIES FULFILLED: How do we engage the prophecies? Are they really a voice from God? So, as we listen and time passes, we step back and analyze what happened and compare to the prophetic words spoken.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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CAN THE U.S. POWER THE ENTIRE COUNTRY WITH ONE HUGE SOLAR PANEL FARM?

Although Elon Mush may have an idea what would it take to make this happen? He suggests a 100 square mile solar farm. Does the effort and expense make it feasible even? What are the long effects of such a project? Let’s take a quick look at this today. It is easy to make such statements but what is reality?

First, this effort would take an enormous amount of batteries to set up. This solar energy must be stored somewhere. Musk even admits it. Are his companies going to be one to build such a solar farm? Is this why he even suggested it?

Second, what happens when the shelf-life (abut 20-25 years) is over and the panels need to be replaced? Then you start all over and what have you gained financially? Are they really financiall feasible to the common homeowner?

Third, is how to transmit this energy across the entire United States from this 1000 square mile solar panel reserve.

Fourth, we could easily have this 1000 square mile of solar panels sucking in the sun’s energy by simply placing panels on our individual homes or setting up local “sun farms” feeding energy to the owner and then the excess back to the grid. It’s the cumulative effect of all our homes that could equal this large 1000 square mile solar farm that Musk suggest. We don’t need to have one huge 1000 square mile solar installation.

Fifth, if we incentive a program for the homeowner, much different than the current local solar programs of today geared mostly at these solar companies making huge profits off false claims of energy independence. Actually they are just transferring payment of an electric bill into a new bank loan. By the time the bank loan for the panels and installation fees is all paid up, the panels are obsolete and must need replacement. The cycle starts all over again. Who wins?

Only the solar panel companies win, as they get paid off from the banks each time and are out of the picture quickly when the installation is completed. The homeowner is then stuck with a bank lien on the property and a new twenty to twenty-five-year loan to pay off. I have to tell you also that for most homes they cannot hold enough panels to fully supply all their energy needs and thus most have to “borrow” or pay for more energy anyhow at an additional cost from the grid. What have you really gained? Many do not get the excess power to “sell back” the power companies as, these program claim will happen.

Sixth, be careful! Your home will not still have energy at a time of black outs since if you don’t pay for batteries the energy cannot be stored for these times, such as night or stormy cloudy days. What do you do? You may buy the batteries at about $8,000 each and so your loan amount only then increases putting you mostly doubling what your normal electric bill was before you began all this foolishness with the solar program. A simple home will need 2-3 of these batteries ($24,000 minimum) since refrigerators, well pumps, and some appliances gobble up the energy when first starting their motors. Don’t believe me? Just ask anyone who already when through the gambit.

So, feasibly versus practicality with solar are always at odds. My conclusion is that solar or windmill are not going to be the energy solution to get off fossil fuels. Don’t be tricked by these advertisements. Remember too that God, through His prophets, already promised us that there are going to be three (3) new sources of energy in the near future. They will be sustainable, efficient, cheap and clean. I believe this time is close at hand.

THE PROCESS TO ABOLISH THE FEDERAL RESERVE HAS ALREADY BEGUN

Rep. Thomas Massie introduces the “Federal Reserve Board Abolition Act”

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TRUMP EXPECTED TO SIGN EXECUTIVE ORDER BEGINNING THE PROCESS OF ABOLISHING THE DEPT OF EDUCATION.

If you have to ask why he is doing this you better go back and do some research as to the waste and connections of this dept in the past to UNESCO and how it was taking orders to mold the education of our children to accept this woke One World Govt agenda ideology. Bottom line is this- if you turn the education curriculum of the schools back to the states and local communities then why do you even need a federalized dept of education? We have to be very careful on not following the Nazi like pattern of using our schools as government agenda indoctrination centers but rather stick to teaching real history, sciences, reading, writing and arithmetic skills. The global statistics shows that today the average American student in elementary and high school can barely read and do basic math.

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DOGE BLEW THE LID OFF OF STACEY ABRAMS’ $7 BILLION CLIMATE SCAM

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”

The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. Jesus prayed too to the Father while he was alive. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election and within this short period of time since so far what exposure has taken place. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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POLITICIAN: AMERICA IS PUTTING PRESSURE ON IRAQ TO KILL TWO BIRDS WITH ONE STONE

Political researcher Qasim Al-Tamimi said on Friday that America is exerting pressure on Iraq in ruling files that are considered the lifeblood of the people, in order to kill two birds with one stone.

Al-Tamimi told Al-Maalouma, “The American side tightened its sanctions on the Islamic Republic to achieve the interests of the Zionist entity, and these sanctions also included Iraq, but indirectly.”

He added, “The American sanctions were behind preventing Iraq from obtaining gas imported from Iran, and therefore these are sanctions that affect the Iraqi people, since electricity is considered the lifeblood of Iraqis in light of the stifling crisis that Iraq has been suffering from for the past years without effective solutions.”

He explained that “what America is doing in imposing sanctions aims to incite people against governments, especially after Iraq announced its position on the Zionist crimes and expressed its rejection of what the occupier is doing, and participated through the resistance in striking the enemy. Therefore, America is imposing sanctions to kill two birds with one stone, meaning that it seeks to impose more sanctions on Iran and harm the Iraqi people.

(I do not believe this notion the America is intentionally harming the Iraqi people or want to harm them. Instead, they are after Iran and need to break that country somehow. Iraq is caught in the middle, however I will say that they have been warned now for over decades to get their own electricity and gas. How many more exemptions do they want? How long will these exemptions go on? Finally, a US president putting his foot down and forcing them to do something. You know Iraq and how slow they can be.)

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WASHINGTON DEMANDS THAT IRAQ DISPENSE WITH IRANIAN ENERGY “AS SOON AS POSSIBLE”

The US State Department called on Iraq to end its dependence on Iranian energy sources “as soon as possible,” hours after Washington announced its intention to tighten sanctions on Tehran.

In response to a question about the exemptions granted to Iraq, and whether they would be renewed, the Foreign Ministry indicated that it is reviewing all exemptions granted, according to Reuters.

The problem:

Iraq currently produces 27,000 megawatts of electricity through stations, most of which operate on gas, but the production capacity sometimes drops to 17,000 megawatts.

This amount, at its maximum, does not meet the country’s electricity needs, as Iraq needs to increase production to reach 40,000 megawatts in order to ensure the provision of energy around the clock.

The Solution:

To solve this crisis, Iraq resorted to importing quantities of Iranian gas, which threatened to expose it to US sanctions, before the United States granted it an exemption that is renewed periodically.

With US President Donald Trump returning to power, he pledged to pursue a policy of “maximum pressure” against Iran. As a result, the Iraqi government asked the new US administration to extend the waiver granted by the previous administration, according to previous statements by Al-Sudani in an interview with the Saudi Al-Sharq channel. Al-Sudani had touched on the issue of ending dependence on Iranian supplies during the interview, noting that the country plans to completely end gas imports by 2028, adding:

“There will be clear energy independence.”

He continued: “Ultimately, we need this exception to continue throughout this period. At the same time, we have started the process of linking energy with neighboring countries in order to cover our needs, and this is part of the concept of integration that we seek with our brothers.”

This is not the first statement of its kind, but rather comes just days after US Secretary of State Marco Rubio called Iraqi Prime Minister Mohammed Shia al-Sudani, where they discussed Iranian influence in the region, and Rubio urged Iraq to “achieve energy independence.”

The new US statement may not mean that Washington will not renew the exemption granted to Iraq, but it indicates increased pressure on Baghdad to get rid of these supplies.

The comments come hours after US Treasury Secretary Scott Besant confirmed that the US would tighten sanctions on Iran, adding that the US would “shut down” the country’s oil sector using “pre-determined criteria and timelines.” He hinted that “making Iran bankrupt again would be the beginning of our updated sanctions policy.”

The Treasury secretary suggested that the United States could work with “regional actors” to help Iran get its oil to market. One of those countries is likely to be Russia, which earlier this week signaled its willingness to help the United States in talks with Iran over ending its nuclear program and its support for anti-American regional proxies.

“Treasury is prepared to engage in frank discussions with these countries,” Bessent said. “We will work to shut down Iran’s oil sector and drone manufacturing capabilities.”

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WASHINGTON REVIEWS ALL ECONOMIC EXEMPTIONS FOR IRAN… AND IRAQ IS AT THE HEART OF THE CRISIS.

The US State Department announced that it is reviewing all economic exemptions that provide Iran with any degree of support, in an escalatory step that could have broad repercussions, especially on Iraq, which relies heavily on gas and electricity imports from Tehran.

State Department spokeswoman Tammy Bruce confirmed that Washington is urging Iraq to speed up its move away from Iranian energy sources. This statement reflects increasing pressure on Baghdad, which finds itself facing a dual challenge of meeting its electricity needs amid a stifling energy crisis, while at the same time avoiding any economic and political repercussions from adhering to US sanctions.

Baghdad between the hammer and the anvil

Iraq relies on Iranian gas to power the power plants that feed most of its provinces, with Baghdad importing about 40% of its energy needs from Tehran. Despite its attempts to diversify its sources, local gas investment projects are still lagging, leaving Iraq in a vulnerable position in the face of any tightening of US sanctions.

The Iraqi government, which previously received periodic waivers from Washington to import energy from Iran, may now face tighter restrictions. If those waivers are removed, it could exacerbate the electricity crisis, especially as summer approaches, when consumption rates rise and power outages are frequent.

Economic and political repercussions

The repercussions of the US decision are not limited to the energy file only, but extend to the Iraqi economy more broadly. Iraq pays part of its Iranian gas dues in Iraqi dinars through frozen bank accounts, which means that any suspension of exemptions could disrupt this mechanism and impose new financial challenges on Baghdad.

Politically, this American pressure puts the Iraqi government before a difficult test, as it must reconcile its strategic relationship with Washington and its economic partnership with Tehran. With tensions rising in the region, any new American move could affect the fragile balance in the Iraqi scene.

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PARLIAMENTARY OIL COMMITTEE REVEALS URGENT SOLUTIONS FOR IRANIAN GAS

The Parliamentary Oil and Gas Committee revealed, on Sunday, the Iraqi government’s intention to import Gulf gas instead of Iranian gas after the recent US sanctions, announcing a project that is being worked on at high speed in Basra, the far south of the country.

The spokesman for the committee, Ali Shaddad, said, “The problem with the Ministry of Electricity is that it has established stations in the Iraqi provinces that depend on gas only, while the stations in Basra are complex and operate on gas, crude oil, and black oil, and this is what contributed to the stability of the electrical system in the province.”

He explained that “the Prime Minister personally follows up on the completion of the gas pipeline project from the floating platform in Basra on a daily basis,” indicating that “the Ministry of Oil began working on it about thirty days ago and it will be completed at high speed within 120 days.”

He added that “the completion rate has exceeded 30% so far,” stressing that “the project will contribute to transporting Gulf gas in quantities of up to 200 cubic meters.”

(How much gas did Iraq say it needed to power its full grid? Didn’t they tell us? I quote from the article above- “Iraq currently produces 27,000 megawatts of electricity through stations, most of which operate on gas, but the production capacity sometimes drops to 17,000 megawatts. This amount, at its maximum, does not meet the country’s electricity needs, as Iraq needs to increase production to reach 40,000 megawatts in order to ensure the provision of energy around the clock”

Since we know that 1 megawatt-hour would require about 198 cubic meters. So, you can see that the importing Gulf gas would not be nearly enough to power the entire country of Iraq.)

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US NATIONAL SECURITY ADVISOR TO SUDAN: ENDING EXCEPTION FOR ELECTRICITY SUPPLY FROM IRAN LINKED TO MAXIMUM PRESSURE POLICY

 

Prime Minister Mohammed Shia Al-Sudani received a phone call today, Sunday, from US National Security Advisor Michael Waltz, where both sides affirmed their commitment to strengthening and deepening the strategic partnership between Iraq and the United States.

The Prime Minister’s media office said in a statement received by {Euphrates News} that “the discussions focused on enhancing bilateral cooperation in the economic and security fields, as the Prime Minister affirmed Iraq’s commitment to expanding economic relations with the United States, encouraging American companies to invest in the growing Iraqi market. He also reviewed the important reforms and initiatives implemented by his government to create a more stable, transparent and attractive environment for investors.”

For his part, the US National Security Advisor encouraged the Prime Minister to rely more on American companies, and to work to solve the problems and remove the obstacles facing those companies operating in Iraq, including the Kurdistan Region of Iraq, to ​​encourage them to work and invest in Iraq.

The two sides also stressed the importance of joint efforts to build a strong Iraq capable of relying on itself. The discussions also included addressing issues and the role of American companies operating in this field. In this context, the United States renewed its commitment to supporting Iraq’s energy independence and expressed its readiness to cooperate in accelerating the achievement of this goal.

Regarding the security file, National Security Advisor Waltz affirmed the United States’ firm commitment to the security and stability of Iraq in the face of regional and international challenges. The two sides also stressed the importance of continuing cooperation to ensure Iraq’s sovereignty and stability in the long term, especially in light of the turbulent conditions in the region.

Waltz added that ending the exemption for electricity supplied from Iran is linked to the maximum pressure policy, which confirms the importance of bilateral coordination to avoid any potential negative effects on Iraq’s stability.

The call reaffirmed the strong partnership between Iraq and the United States, with both sides expressing their shared vision for a secure, prosperous, and sovereign Iraq.

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AL-SUDANI ISSUES 8 DIRECTIVES TO DEVELOP ELECTRONIC PAYMENT AND ENHANCE DIGITAL TRANSACTIONS IN GOVERNMENT DEPARTMENTS

Prime Minister Mohammed Shia Al-Sudani issued 8 directives today, Thursday, regarding the development of electronic payment systems and the enhancement of digital transactions in government departments. 

According to a statement from Al-Sudani’s office, the directives were as follows: 

  1. Assigning the Baghdad Chamber of Commerce, the Federation of Chambers of Commerce, and the Iraqi Federation of Industries to work on simplifying procedures, in cooperation with the relevant authorities, within a time frame of 6 months to implement the business automation and digital transformation project in these institutions, in a way that accelerates company registration procedures and enhances electronic payment systems.
  2.  Facilitating the process of authenticating company contracts, especially simple and medium-sized ones, by issuing a confirmation letter from a notary public, and authenticating those contracts without delay.

3.Study the possibility of allocating a notary public office within the Baghdad Chamber of Commerce to ensure the approval of company incorporation contracts and facilitate the necessary procedures.

4. Obligating the company owner to open a bank account in one of the authorized Iraqi banks, based on official approval from the Baghdad Chamber of Commerce, as this is a basic condition for completing the registration procedures and obtaining the company’s identity and certificate of incorporation.

5. Enhancing the use of electronic transactions and digital payment systems within the new business environment, through coordination with the Central Bank of Iraq, and issuing a circular to all banks to facilitate account opening procedures for small and medium-sized companies.

6. Coordinating with the Central Bank of Iraq to issue a circular to banks to provide banking facilities and financial incentives to companies, including loans, banking facilities, and electronic transfers, enhancing the use of digital payments, and adopting technological financial solutions.

7. Preparing a media campaign to raise awareness of the new procedures, by producing content that explains to citizens and investors the company registration process, the advantages of digital transformation, and the banking opportunities available.

8. Forming a specialized committee from the relevant authorities to follow up on the implementation of these procedures and prepare periodic reports on the progress made in implementing the recommendations.

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DIGITAL CURRENCY IN IRAQ: CRISIS OF CONFIDENCE.. THE BIGGEST OBSTACLE

In a very distinctive step aimed at modernizing the financial system, Baghdad is exploring the possibility of issuing a national digital currency, in an effort to reduce reliance on paper money and enhance financial inclusion.

However, despite the promising prospects of this step, the project faces a fundamental challenge represented by the lack of confidence of citizens in Iraqi banks, as a result of the accumulation of financial crises, administrative corruption, and weak banking services. Can such a step succeed in an environment that is ranked among the highest in the world in cash circulation outside the banking sector?

Crisis of trust: the biggest obstacle to digital transformation

Data from the Iraq Future Foundation indicate that 93 trillion Iraqi dinars, or about 87% of the total money supply, were circulating outside the banking system by the end of 2023, an increase of 30% over 2022. These figures reflect a financial culture that clings to cash, reinforced by citizens’ fears of the complexities of banking transactions, previous experiences of freezing accounts, burdensome bureaucracy, and even cases of embezzlement and corruption within some financial institutions.


This is clearly evident in the fact that employees whose salaries are domiciled in Ki-Card companies and private banks try to withdraw their salaries from the bank account as soon as it is launched. This means that citizens have lost confidence in the banking system to a great extent.

Some may not believe at all in digital transformations or the banking system, as dealing in it is done in numbers and not in kind.

Therefore, convincing the Iraqi citizen to give up his paper money in favor of a digital currency, managed by entities whose trust is still questionable, is a fundamental challenge to the success of the project.

It is worth noting that the structure of the banking sector suffers from a significant delay in keeping up with global financial management technology, i.e.: the large number of banks does not mean efficiency.

According to the latest data, Iraq has 81 banks, distributed as follows:
7 government banks (including one Islamic bank)
74 private banks, including 29 Islamic banks.

Despite this quantitative diversity, banking services are still insufficient to accommodate the financial needs of society, as most Iraqis rely on cash even for large transactions. In addition, the conflicting figures regarding the number of banks, and the lack of transparency in updating data, deepen the crisis of trust between citizens and the banking sector.

Conditions for Success: From Theory to Practice

To ensure the success of digital currency, a supportive environment must be created through a set of essential measures:


1. Enhancing transparency: through a strict oversight mechanism that ensures tracking financial transactions without compromising users’ privacy.
2. Independence of the supervisory body: avoiding political interference and establishing an independent oversight body with broad powers.
3. Economic incentives: such as providing tax benefits or financial incentives for early adopters.
4. Solid technical infrastructure: including a reliable internet network and secure and easy-to-use banking platforms.

Without these foundations, the project may turn into a mere theoretical experiment that lacks effective practical application.

Potential risks: Will Iraq repeat past mistakes?

Previous failures in financial policies, such as the unregulated reliance on the dollar and the subsequent chaos in the black market, cannot be ignored. If digital currency is not managed wisely, it may face serious challenges such as:
• Increased inflation if its issuance is not controlled and the money supply is not regulated.
• Exclusion of segments of society that are unable to deal with financial technology.
• Risks of cyber breaches in light of weak cyber infrastructure.

Between crisis and opportunity

Despite the obstacles, digital currency could represent a giant turning point towards a more advanced financial system in Iraq, by reducing corruption, enhancing financial inclusion, and improving tax collection mechanisms. But its success depends on a radical reform of the banking sector, the implementation of a broad awareness campaign, and a real political will to ensure financial transparency and justice. Turning this initiative into reality will not be easy, but it could be a necessary step toward a more stable and reliable digital economy.

(I do not believe we will see this anytime in the near future. It may happen after we investors in the dinar are way out of this investment and the RV has already taken place.)

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IS IRAQ STEPPING INTO THE FUTURE OF CRYPTOCURRENCIES? AL-SUDANI’S ADVISOR REVEALS DEVELOPMENTS

At a time when the world is witnessing major transformations in the field of cryptocurrencies, the economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Iraq’s position on these developments, stressing that the country is still in the evaluation phase and has not made a final decision regarding joining this global financial phenomenon.

Saleh said in a statement to {Euphrates News}, “Iraq continues to monitor global developments regarding cryptocurrencies, and the decision to join this field depends on many economic and legal factors that are being carefully studied.”

He pointed out that “Iraq, since 2017, has imposed a ban on dealing in cryptocurrencies due to risks related to financial crimes and sharp fluctuations in their prices, in addition to consumer protection.”

Regarding the latest developments, Saleh explained that “the Central Bank of Iraq stressed in February 2023 the prohibition of the use of cards and electronic wallets for the purpose of speculating in digital currencies,” stressing that “there is no current decision to grant licenses for cryptocurrencies at the present time.”

On the other hand, he pointed out that “the future of cryptocurrencies may change significantly in the coming years, especially if major economic powers take steps towards regulating these currencies more strongly, which may open the way for Iraq to study these options in the future.”

Saleh added, “In a remarkable move, US President Donald Trump issued an executive order to create a strategic reserve of Bitcoin, reflecting the US trend towards integrating cryptocurrencies into its official reserves such as gold and precious metals,” considering it “an attempt to control any disruptions in the international monetary system as long as Bitcoin is traded in US dollars and on most global exchanges, such as Coinbase, Binance, Kraken, and others.”

He explained that “the price of Bitcoin is often measured in dollars because it is the global reserve currency and the most widely used in financial markets. Based on the above, Bitcoin will be one of the cryptocurrencies denominated in US dollars that will be subject to the regulation and dominance of the Federal Reserve Bank and will be given a stronger legal position in the scope of trading it as a currency in the global classification after granting legal legitimacy to the Bitcoin unit, from the highest monetary authority in the world, which is the US Central Bank or the Federal Reserve Bank of the United States.” 

Saleh added, “The US Federal Reserve will have a role in legal supervision as a global digital payment and reserve currency and will ensure that Bitcoin is covered by the dollar itself, which gives the United States of America dominance over any encrypted monetary trends outside its monetary system denominated in dollars, which is essential for the expansion of the US monetary system to the world and with control from a central government body this time outside the decentralization of the cryptocurrency market.”

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SUDANESE ADVISOR: THE UPCOMING DIGITAL CURRENCY IS EASY TO TRADE AND DOES NOT DIFFER IN EXCHANGE RATE

The Iraqi Prime Minister’s Advisor for Economic Affairs, Mazhar Muhammad Salih, reassured that the digital currency intended to be launched in the future in Iraq is easy to trade and does not differ in exchange rate.

Mazhar Mohammed Saleh told Rudaw Media Network, “The digital currency that is intended to be introduced in the future is consistent with the general trends of central banks in the world, not just in Iraq,” indicating that “the idea started with the Bank for International Settlements, which is the international bank of banks in Basel.”

He explained that “there is a project called (M. Bridge) that deals with settling financial transactions between central banks with this digital currency, so this external reflection must also be reflected internally,” believing that “the central bank is more in need of entering (M. Bridge) in its settlements with the major global oil trade areas in China, India, Southeast Asia and some European countries.”

It is noteworthy that the “M Bridge” project was launched in 2021 at the initiative of the Bank for International Settlements in cooperation with China and a number of central banks, with the aim of accelerating international payments using digital currencies, reducing transaction costs and ensuring their security.

Mazhar Muhammad Salih pointed out that “the importance of this currency is that it is generally easy to trade for banks, and it does not require what is called liquidity risks,” adding: “Theoretically, if all the currency within banks is digital, there are no risks in bank credit, no risks in money laundering, and so on.”

Al-Sudani’s advisor pointed out that “90% of the monetary mass is outside the banking system, so Iraqi society deals with paper money, and it is unreasonable to immediately switch to digital currency overnight,” adding that “it is the project of hope for Iraq, and is directly proportional to the progress and development of the uses of digital currency in the world, and it is equivalent and proportional in terms of value to the issued paper currency.”

Mazhar Muhammad Salih confirmed that the digital currency “does not differ from the paper currency at all, and the exchange rate does not differ with it, and there is no difference except that its efficiency is higher, and it comes in line with the development of the world, and I believe that Iraq is keeping pace with the world in this matter.”

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PARLIAMENTARY COMMITTEE CALLS ON GOVERNMENT TO REFER OIL AND GAS LAW TO PARLIAMENT IMMEDIATELY

The Deputy Chairman of the Parliamentary Oil and Gas Committee, Adnan Al-Jaberi, called on the government today, Thursday, to expedite the referral of the Oil and Gas Law to the Council of Representatives, stressing that its legislation is an essential step to regulate the management of oil wealth and ensure the fair distribution of revenues between the federal government and the producing regions and governorates.

Al-Jaberi said in a statement to / Al-Maalouma / agency, that “the legislation of the Oil and Gas Law is a necessary step to regulate the management of oil and gas wealth in Iraq,” noting that “this law will contribute to guaranteeing the rights of the producing regions and governorates, in addition to developing a clear strategy for investing these resources in the long term.”

He explained, “The law will protect oil wealth from different interpretations and interpretations, whether in the Kurdistan Region or in the producing governorates, and will work to resolve the existing differences between the federal government and the regional government, and control the relationship between the producing governorates and the center.”

He pointed out that “Article 112 of the Iraqi Constitution stipulates the necessity of regulating the oil and gas sector through the enactment of a special law, but the lack of a common vision and agreement between the federal government and the Kurdistan Region, as well as between the producing provinces and Baghdad, has prevented its approval so far.

” He stressed “the importance of reaching a consensus that guarantees the rights of all parties,” calling on the government to “refer the law to the Council of Representatives as soon as possible to ensure the fair and equitable regulation of oil revenues.”
It is noteworthy that the approval of the oil and gas law was delayed for several parliamentary sessions due to political differences that prevented reaching a consensus on it.

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PARLIAMENTARY OIL COMMITTEE RULES OUT PASSING OIL AND GAS LAW DURING CURRENT SESSION

The Parliamentary Oil and Gas Committee confirmed today, Friday, that there are disagreements over the management of resources, which led to the obstruction of passing the Oil and Gas Law, while it ruled out passing it in the current electoral cycle.

“The oil and gas law has been a demand since 2007, but attempts to legislate it have failed due to political differences and lack of agreement with the Kurdistan Region,” said Bassem Naghmish Al-Gharibawi, a member of the parliamentary oil and gas committee,
in an interview with the Iraqi News Agency, followed by “Al-Eqtisad News.” He explained that “the law was part of the current ministerial program, and it was supposed to be legislated during this parliamentary session, as committees were formed since 2023 to discuss it, and two drafts were presented: the first from the federal government and the second from the region, and joint committees were formed to hold meetings between the two parties.”

He pointed out that “most of the technical issues were agreed upon, but the differences focused on administrative aspects, powers, and representation of the region and governorates in the Federal Oil Council, in addition to how to manage and distribute resources, as well as previous and current rights.”

He explained that “the parliamentary oil committee has made intensive efforts with the leaders of the political blocs to clarify the importance of enacting the law, as it regulates the oil wealth that fully funds the state, and contributes to resolving the disputes between the federal government and the region, which contributes to achieving political and economic stability.”


He added that “the most prominent point of disagreement between Baghdad and Erbil is related to oil resources and the region’s commitment to the decisions issued by the Federal Court and the International Court,” noting that “this law is one of the laws that complement the constitution.” Despite all the attempts, Al-Gharibawi stressed that “the committees that were formed were unable to reach a political consensus, which makes passing the law during this electoral cycle an unexpected matter.”

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TRUMP HINTS AT IMMINENT EVENT IN IRAN: I HOPE TO MAKE A PEACE DEAL WITH THEM

 US President Donald Trump expressed his hope on Friday evening to conclude a peace agreement with Iran that would prevent them from possessing a nuclear weapon, stressing that “something will happen with them very soon.” 

Trump added in statements he made at the White House that “the United States is in the final moments of negotiations with Iran, and that he hopes that military intervention will not be necessary.”

“We have a situation with Iran, something is going to happen very, very soon,” Trump continued. “You’ll be talking about it soon, I think.”

He expressed his hope for reaching a peace agreement, saying: “I am not speaking from a position of strength or weakness, I am just saying that I would rather see a peace agreement than the other option, but the other option will solve the problem,” without further clarifying what he meant by the other option.

Trump had said earlier in an interview with Fox Business that aired on Friday that he wanted to negotiate a nuclear deal with Iran and that he had sent a letter to the Iranian leadership last Wednesday proposing talks with Tehran, which the West fears is rapidly approaching the ability to make nuclear weapons.

“I think they want to get that message across. The other alternative is that we do something, because we cannot allow another nuclear weapon,” he continued.

Asked whether he had sent the message to Iranian Supreme Leader Ayatollah Ali Khamenei, Trump replied, “Yes.”

“There are two ways to deal with Iran: militarily or make a deal, and I prefer making a deal because I’m not looking to hurt Iran. They’re a great people,” Trump said.

Last month, Trump reimposed a policy of “maximum pressure” on Iran, including efforts to cut off its oil exports to zero. But he also said in February that he wanted to strike a deal with Iran that would prevent it from developing a nuclear weapon.

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ECONOMIST: LOWER OIL PRICES MAY PUSH IRAQ TO REDUCE EXCHANGE RATE AND CUT EXPENSES

Economic expert Nabil Al Marsomi warned today, Monday, that the continued decline in oil prices will put the Iraqi government before difficult choices, including those that may include reducing the exchange rate to confront financial challenges.

(Mnt Goat- by reducing the exchange rate they mean to devalue the currency. Get it? It does not mean a revaluation. Again they do not mean taking 1310 and making for instance 1200, which would be a literal reduction. But they do not mean literal reduction instead they mean a reduction in the value of the dinar, meaning it would take more dollars to buy a dinar and thus the dinar would be worth less in Iraq than it is today. Think, Think and Think! Gosh…. Stop listening to these idiot intel gurus. Why else would Iraq tell us it would be a “difficult decision”. If it was a revaluation, it would not be difficult, it would be easy. The difficulty comes in a devaluation.)

Al-Marsoumi told Al-Furat News Agency that “the government may be forced to take austerity measures that include reducing public expenditures and increasing non-oil revenues,” noting that “the oil market is currently suffering from significant weakness, with a decline in oil policy that may include imposing fees on some countries such as China, Canada and Mexico, in addition to the possibility of canceling the OPEC Plus agreement, which stipulates reducing production by two million barrels per day.”

He added, “These expectations indicate further declines in oil prices in the coming weeks, which will negatively affect the Iraqi economy.”

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

                                             Just 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

March 6, 2025 Edition of Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

March 6, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some VERY IMPORTANT! news for you today.

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.

You have to realize that in Iraq it is an uphill battle to overcome the entities that do not want Iraq to progress and mover forward. We have witnessed this constantly now since we got into this investment. I have presented so much evidence to you to show you what is really going on behind the scenes in Iraq and now actually coming out in the open. Remember the prophets told us that everything will be exposed and so it is. But with exposer, justice is also coming.

I recommend $10 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news, 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…. Enough said….. The future of the Newsletter depends upon all of you.

 Let’s all try to chip in!

Matthew 10:42

And if anyone gives even a cup of cold water to one of these little ones who is my disciple, truly I tell you, that person will certainly not lose their reward.”

_______________________________________________

STATUS OF THE RV

There is not much new news this period but what we have is all fantastic and right inline what we would expect in this point in time. So, I want to cover this fantastic news first and to do it we must remember what has been going on from the past moves of the Central Bank and the U.S. to finally break the parallel market. Them I want to move on to the good news for today so we can connect the dots and see the significance of a very recent news and how it fits into the past.

😊You can get a sense of the actions the CBI has taken to monitor and manage its currency since 2003 in the article titled “EVALUATION OF THE CENTRAL BANK’S JOURNEY IN 22 YEARS”. Wow its been 22 years already since the 2003 invasion and overthrow of Saddam Hussein and the implementation of the cursed currency auctions and the dependency of the U.S. dollar by dollarization of imports to Iraq. But as you read the article you can clearly see all the measures the CBI has take and the long road battle to get their currency back. I mean of course the dinar and break from the dollar. We have witnessed tremendous success and movement in this direction just in the last couple years. The latest moves to de-dollarize came with the use of correspondent banks, the US cutting of paper cash US dollars and forcing electronic banking. Then just recently the CBI cut off getting cash US dollars from outside Iraq using the debit cards.

😊Then as investors we all stood by waiting and watching. Could the CBI finally break the parallel market and bring the US dollar inline with the “official” CBI price of the dinar? Back then my CBI contact said this might take some time to do and she used the term “slowly”. Remember I told my readers we must be patient. Then in a couple of my recent past Newsletters they talked about this slow decline of the US dollar pricing and the dinar gaining. Then just this week yet another article with fantastic news is telling us they are winning the battle finally with breaking the parallel market and this is the article I want to concentrate on now. The article is titled “GOVERNMENT ADVISOR: ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET”.

In the article the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the public’s increasing conviction in using electronic payment cards for travel purposes or paying dues to small companies has achieved great success in reducing the size of the parallel market for the US dollar, which has contributed to its gradual decline. It is explained that “the modern monetary policies that were recently implemented have proven their effectiveness in achieving financial and economic stability, as annual inflation rates have decreased to levels not exceeding 3%, which reflects the strength and stability of the Iraqi dinar against foreign currencies.”

The financial advisor also pointed out that “the new monetary policy tools adopted by the Iraqi government, in cooperation with the Central Bank, have directly contributed to directing cash liquidity towards official channels, which has enhanced public confidence in the dinar and led to a reduction in informal transactions in the dollar.”

Saleh stressed the importance of continuing efforts to enhance the use of electronic means in financial transactions. Is this not what we been reading in countless articles. Yes, the use of electronic means to eliminate CASH which can be sold on the black market (parallel market) at a premium and then most of it ends up in Iran anyway.  

Given electronic banking and its pivotal role in supporting the national economy and combating illegal practices associated with the parallel currency market don’t you think this has been all along something we should concentrate on and follow closely. This wis why we have been following it so closely and did not concentrate so much on a lot of the other jibber jabber nonsense of the budget and other meaningless events many of these so-called intel gurus tried to sucker you into follow for their every day/ any day RV scenarios and bank stories.

😊I want to bring up another VERY IMPORTANT topic too. The topic is fighting inflation. If you look at the Dr Shabibi plan to get to the reinstatement you can clearly see the he planned to put the brakes on after each step, then monitor closely for inflation. In our first article today, we see that in 2003 after the 10-year embargo and sanctions on Iraq, the inflation rate was rampant in 2003, which exceeded 35% and today it is only 2.8%. Only 2.8%? Yes, only 2.8% and this is fantastic and amazing news since this is way in line with acceptable inflation rates for country, according to the IMF. Check out this article titled “INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”. Announced by the CBI on Wednesday that Iraq’s annual inflation rate has dropped to 2.8% in the fourth quarter of 2024, down from 4% a year earlier. Folks the process is working……. 😊 😊 😊  

Now let me joggle your memory a bit. What has the CBI told us many times is their main responsibility? Did they not tell us it was to manage the currency and monitor the inflation rate? Why is this so important then to get to 2.8% inflation  only? Well, well today we confirm once again why this has been so important and still is. Saleh in this article stressed that these achievements come within the framework of “a comprehensive strategy aimed at achieving sustainable financial stability and enhancing the confidence of citizens and investors in the future of the Iraqi economy”, calling on all segments of society to engage more in the use of electronic payment tools in the interest of the national economy. Again Saleh emphasizes the use of electronic payment tools and no cash.

So in our conclusion today, what we all we should do now, as investors, is monitor the monitors, lol..lol..lol.. and watch this all play out. Just give it some time. They are almost there. Folks they are telling us they nearly broke the parallel market and is this not what my contact told us had to happen and if they could get the rate of the dollar of this parallel market down or very close to the “official” CBI rate, we would see the triggering of the “official” rate going even lower and for us this means more value to the Iraqi dinar. Yes, the in-country revaluation close to a buck we have been waiting for. This then would allow the kickoff to the Project to Delete the Zeros. No, my CBI contact, as part of the committee to head off this project, is not yet back on this effort, but she has told me all is going as planned and finally “real” success can be seen. She emphasized “real” and sounded very glad that finally the efforts of the CBI are showing substantial success. But remember unlike how many of us investors think we go off half-cocked wanting everything now and have it our way. This is not how it works. We are not in control. Yes, we had a huge disappointment from last December through January hoping they could break the parallel market quickly by just using the correspondent banks and doing away with the currency auctions. However, this strategy alone did not work and fix it entirely so they moved on to other strategies, which are now working.

What else is in the news?

Next, I want to take another peek at the article by Samir Al-Nusairi titled “EVALUATION OF THE CENTRAL BANK’S JOURNEY IN 22 YEARS”. I want to pay attention especially to the part when it talks about going forward in future strategies. They talk about what they plan to do for the next 2 years. Will we have to wait for two years for the RV? I don’t think so but we don’t control it rather only follow the REAL news and where it takes us. I certainly also hope the US can finally breaks Iran leadership and the overthrow this insane terrorist dictator and supreme Ayatollah Ali Khamenei. So, in this article it talks about another phase of the strategy is about to be implemented. Why would they begin yet another phase if not finished with the previous one? What is this new strategy?

The third strategy identified the main goals with 7 goals, 24 sub-goals and 75 initiatives to achieve the main and sub-goals and charted the path for banking and financial reform. I am not going to list them as you can go read the article for yourself. But I do like the 6th and 7th goals which I quote “Enhancing the position of the Central Bank locally and internationally” and Enhancing compliance of the banking sector and the non-banking sector in line with international standards”.
I especially liked the part as the article goes on to say “strengthening the bank’s internal and external relations, and representing it locally and internationally.” So this is telling us there is still work to be done in this area.
They then go on to tell us that “What has been presented accurately and transparently for the 22 years of the financial and banking reform process confirms that the next two years will inevitably result in the transition to a comprehensive and radical reform of the Iraqi banking sector and transforming it into a solid sector.”  

Folks, its all in the words of these articles today as they are packed full of good information. These next 2 years are going to be amazing. I firmly believe that within these next years we will see the reinstatement. Whether they do decide to go with a digital currency in the timeframe I do not know. This would seemingly bypass the Project to Delete the Zeros as there would be no necessity to do it. But we also know that they have talked and talked about the Project to Delete the Zeros for so long and my contact still says they plan to do it. So go figure.

Again, note I did not say we had to wait the full two years to fully implement this new strategy. There could be a benchmark with the strategy where they say they are ready and the US finally gives approval. I only report on progress and give you an HONEST & TRUTHFUL updates twice a week. You do want to know the TRUTH don’t you? So, what is the motto of this blog? Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

Q & A

Question from Suki:

Hello Mountain Goat,
I hope you had a wonderful weekend. I have a question, if the UST and Iraq want controll over thier currency, wouldn’t putting the IQD back onto the Forex allow more control. It seems to me then there would be a place of reporting to as to where the money goes And the black/parallel market would automatically cease to exist. Especially now that they’ve gone digital. Is this correct?
PS. I do not read the gurus. I learned a while back not to do that, it only creates doubt and disappointment.
Thank you
Suki

Answer from Mnt Goat:

Guten Tag Suki. Hope all is well with you. Glad you are staying away from all the garbage intel out there these days from the so-called gurus. Thank you for the excellent and intelligent question. As usual there is no short cut answer and so I am going to give it all to you.

You are correct in your analysis that, as far as Iraq and the US dollar goes, the reinstatement of the dinar could theoretically solve many problems. You know it, I know it and the CBI knows it and so why don’t they do it? The only reason at this point in time they do not reinstate the dinar, is all just politics and corruption and nothing else. Believe me there it NOTHING else for Iraq to do in banking reforms, insurance or the stock market. It is all set and in place.

To reinstate, they will need the Project to Delete the Zeros first, but the finance committee and parliament must pass a ruling for the CBI to do it. To get around this they are thinking about a Digital Currency, as we read in recent Newsletter. This would bypass the necessity to do this Project to Delete the Zeros. Can you see the struggle the they are in to free their currency?

Also, the U.S. is the main player in Iraq as they spent billions  in resources and lives in the two wars. So, they are using this reinstatement event as leverage as long as they can. There is no hurry for these U.S. politicians as, I said many times already, they  exchanged already in late 2012-early 2013 and so don’t give a shit about us investors.

Meanwhile Iraq suffers and we investors suffer. Iraq is intended by the US to jump through hoops to end the corruption with the dollar, meanwhile the solution stares them in the face. I know it is a sad situation and so when I say Al-Sudani is fighting an uphill battle this is what I mean. How much longer can they go until the US releases the dinar? Well…they already set the bar and it’s getting the dollar equal to or close to the “official” rate from the Central Bank. They also told us they need to resolve the issues with Iran. So there we have another set of criteria, yet another hoop to jump through. When they complete these tasks, what is next? Will they finally release it? We won’t know until we get there.

What comes first the chicken or the egg. That is the game they are playing. I know it is weird and I hate this situation but that’s the game the U.S. is playing with Iraq. Meanwhile the United Nations has come out vocally and said the dinar should be reinstated and all DFI funds returned to Iraq. But we can’t control it. It is being done to isolate Iran and finally break that country. I was hoping President Trump, who claims to work out of “common sense” will drive this home for Iraq. Let’s see what happens. It is still a bit early in his administration to tell.

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

Explosive Reports Are Coming That Will Dismantle The Intelligence Community’s Control Over This Nation”.

Prophecy begins at the 26:57 mark. From March 1st.

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PROPHECIES FULFILLED: How do we gauge the prophecies? Are they really a voice from God? So at time we step back and analyze what happened and compare to the prophetic words spoken.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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IN CASE YOU MISSED IT: TRUMPS FULL ADDRESS TO CONGRESS.

ANOTHER SIGN OF THE FULL TRANSPARENCY OF HIS ADMINISTRATION.

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NOT REVENGE! – JUST COMMON SENSE.

Will the voters in his district eject him from politics? CONGRESSMAN AL GREEN GETS DEVASTATING CAREER NEWS AFTER BEING REMOVED FROM TRUMP’S SPEECH.

Urgent: March 5, Al Green to be censored by Congress for his actions at Trump’s speech.

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WHAT MOST MISSED FROM TRUMP’S SPEECH

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A DEEPER LOOK AT THE TRUMPS FULL ADDRESS TO CONGRESS.

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TRUMP EXPECTED TO SIGN EXECUTIVE ORDER BEGINNING THE PROCESS OF ABOLISHING THE DEPT OF EDUCATION.

If you have to ask why he is doing this you better go back and do some research as to the waste and connections of this dept in the past to UNESCO and how it was taking orders to mold the education of our children to accept this woke One World Govt agenda ideology. Bottom line is this- if you turn the education curriculum of the schools back to the states and local communities then why do you even need a federalized dept of education? We have to be very careful on not following the Nazi like pattern of using our schools as government agenda indoctrination centers but rather stick to teaching real history, sciences, reading, writing and arithmetic skills. The global statistics shows that today the average American student in elementary and high school can barely read and do basic math.

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”

The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. Jesus prayed too to the Father while he was alive. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election and within this short period of time since so far what exposure has taken place. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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GOVERNMENT ADVISOR: ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the public’s increasing conviction in using electronic payment cards for travel purposes or paying dues to small companies has achieved great success in reducing the size of the parallel market for the US dollar, which has contributed to its gradual decline.

Saleh explained in a statement to {Euphrates News} agency, that “the modern monetary policies that were recently implemented have proven their effectiveness in achieving financial and economic stability, as annual inflation rates have decreased to levels not exceeding 3%, which reflects the strength and stability of the Iraqi dinar against foreign currencies.

The financial advisor pointed out that the new monetary policy tools adopted by the Iraqi government, in cooperation with the Central Bank, have directly contributed to directing cash liquidity towards official channels, which has enhanced public confidence in the dinar and led to a reduction in informal transactions in the dollar.

Saleh stressed the importance of continuing efforts to enhance the use of electronic means in financial transactions, given its pivotal role in supporting the national economy and combating illegal practices associated with the parallel currency market.

He stressed that these achievements come within the framework of a comprehensive strategy aimed at achieving sustainable financial stability and enhancing the confidence of citizens and investors in the future of the Iraqi economy, calling on all segments of society to engage more in the use of electronic payment tools in the interest of the national economy.

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EVALUATION OF THE CENTRAL BANK’S JOURNEY IN 22 YEARS

Samir Al-Nusairi

Since 2003, the Iraqi economy has suffered from financial and banking challenges and crises due to the difficult and complex subjective and objective circumstances that the country has gone through over the past 22 years. Since the monetary policy of the Central Bank, according to its Law No. 56 issued in 2004, is responsible for achieving economic stability, overcoming the challenges of the financial and monetary system, and addressing the structural imbalance in the economy in the transition from a rentier economy to a real (productive) economy, as well as from a monetary economy to a digital economy.

During the above period, the Central Bank went through four important and basic stages:

First – reducing rampant inflation in 2003, which exceeded 35%, controlling the stability of the exchange rate, building foreign reserves, and controlling the money supply.

Second – overcoming the economic and security shocks in 2014.

Third – addressing the financial crisis during the Corona pandemic in 2020.

Fourth – controlling the exchange rate, regulating foreign trade financing, achieving digital transformation, enhancing financial inclusion, and complying with international standards in 2023 and 2024.

Considering that the Central Bank, in cooperation with the government, has accomplished important steps towards implementing the financial and banking reform methodology and moving towards completing its strategy to achieve the goals according to the roadmap drawn up in 2025,


 it is necessary to evaluate and analyze the economic reality over the past 22 years with impartiality and high transparency and identify cases of failure and dysfunction in the productive economic sectors and procrastination in not implementing the economic reform programs that all successive governments have worked on but have not been able to achieve the goals of radical and comprehensive reform for the reasons above. However, the reality of the situation and the reform efforts made in 2023 and 2024 have made us, as specialists, look with hope and optimism at what has been achieved and what is planned to be achieved in the next two years based on what is stated in the third strategy of the Central Bank with its main and sub-goals.

The banking reform steps taken by the Central Bank from 2003 to 2024 addressed the effects of the economic and security shocks in 2014, most notably the 75% drop in global oil prices and the government’s inability to pay employees’ salaries on time. The Central Bank was able to use its foreign exchange reserves and the method of rediscounting treasury transfers to support the government in the amount of 16 trillion dinars, and the crisis was overcome at the time. In 2015, the Central Bank, in light of these difficult economic conditions, began to move to develop its plans for the coming years and draw up a methodology for banking reform and structural, technical and administrative development of the Central Bank. This resulted in the issuance of its first strategy for the years (2016-2020), which included 5 main objectives and 140 sub-objectives, 129 of which were achieved, at a rate of 92%, during the years of implementing the strategy.

It contributed to establishing the basic structures and pillars for moving to a new stage of financial and banking reform, accompanied by the strategic banking projects plan for the years (2019-2023) and the issuance of the second strategy (2021-2023) to complete the achievement of the sub-objectives that could not be implemented in the first strategy, which numbered (11) sub-objectives, during which the government continued to seek help from the Central Bank and obtain (30) trillion dinars, and the total amount owed by the government became (46) trillion dinars. In 2023, the Central Bank worked on studying the achievements of the two previous strategies and diagnosing the foundations of the desired reform.

The efforts to prepare for the third strategy continued throughout 2023, and the foundations and foundations were built to set the goals for this new strategy for the years (2024-2026), which derived its main and sub-goals from the state’s general economic policies and its strategy for financial and banking reform adopted by the government in the government program and from Central Bank Law 56 of 2004. It included programs with clear goals and initiatives for a period of three years in a special, complex economic and financial circumstance fraught with risks and challenges at the level of internal and external economic and financial relations.


The third strategy identified the main goals with 7 goals, 24 sub-goals and 75 initiatives to achieve the main and sub-goals and charted the path for banking and financial reform according to the following strategic goals:


1- Supporting and enhancing monetary stability.
 2- Enhancing digital transformation, activating electronic payment and supporting cybersecurity.
3- Enhancing financial inclusion
4- Maintaining a sound financial system
5- Developing the organizational structure and human resource capabilities
 6- Enhancing the position of the Central Bank locally and internationally
7- Enhancing compliance of the banking sector and the non-banking sector in line with international standards.


Programs, policies and initiatives have been identified to achieve the goals. Perhaps the most prominent program is the launch of the National Strategy for Bank Lending in Iraq (2024-2029) and the approval of the Council of Ministers to implement it, which will restructure banking financing in Iraq, in addition to leaving the electronic platform and adopting correspondent banks in foreign transfers, protecting the financial system, enhancing financial inclusion, managing monetary and financial stability, developing oversight and supervision, developing regulation in the banking sector, completing the development of the infrastructure for digital transformation, licensing digital banks, implementing regulatory policies in the Central Bank in accordance with the frameworks and technologies adopted in global central banks, raising the capabilities of human resources, developing banking operations, strengthening the bank’s internal and external relations, and representing it locally and internationally.


What has been presented accurately and transparently for the 22 years of the financial and banking reform process confirms that the next two years will inevitably result in the transition to a comprehensive and radical reform of the Iraqi banking sector and transforming it into a solid sector that contributes to sustainable development.

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INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR

Iraq’s annual inflation rate has dropped to 2.8% in the fourth quarter of 2024, down from 4% a year earlier, the central bank (CBI) announced on Wednesday.

In an official statement, CBI confirmed that core inflation, which excludes volatile food and energy prices, had also declined to 2.5% from 4.5% in the same period of 2023.

“Both headline and core inflation remain within acceptable levels, reflecting price stability and the effectiveness of Iraq’s monetary policy,” the statement read.

The latest figures point to a slower rise in consumer prices, strengthening purchasing power and reinforcing economic stability.

Notably, Iraq has experienced inflation swings in recent years. The annual rate stood at 5% in 2022 before climbing to 6.6% in 2023, driven by currency fluctuations and the impact of the Russia-Ukraine war.

Projections for the coming years remain mixed. An International Monetary Fund report in October 2024 forecast a slight increase to 3.5% in 2025, before easing to 3% by 2029.

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EXPERT: STOPPING THE CURRENCY AUCTION AT THE CENTRAL BANK OF IRAQ IS BEHIND THE RETURN OF THE DOLLAR’S ​​RISE

(Although this article just came out in the news, it is old news and we know the dollar is NOT rising in Iraq. In fact it is declining and as time passes more and  more rapidly. But remember there might be some spikes some days but we must look at the overall average over time since CBI strategies were implemented.)

Economic expert Mohammed Al-Hasani suggested on Tuesday that the Central Bank of Iraq’s suspension of holding a hard currency auction is behind the return of the dollar’s ​​price hike in local markets.

Al-Hasani told Shafaq News Agency, “The bank did not publish the currency auction on its website during the past two days, which led to an increase in demand for the dollar in local markets.”

He added that “the increase in demand with the decrease in supply led in turn to the return of the dollar’s rise,” adding at the same time that “this is not without speculation by currency traders.”

The dollar price rose again against the dinar in local markets to reach more than 149 thousand dinars for every 100 dollars, after it had fallen during the past few days to 146 thousand dinars for every 100 dollars.

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

                                             Just 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

March 4, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

March 4, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some VERY IMPORTANT! news for you today.

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.

You have to realize that in Iraq it is an uphill battle to overcome the entities that do not want Iraq to progress and mover forward. We have witnessed this constantly now since we got into this investment. I have presented so much evidence to you to show you what is really going on behind the scenes in Iraq and now actually coming out in the open. Remember the prophets told us that everything will be exposed and so it is. But with exposer, justice is also coming.

I recommend $10 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news, 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…. Enough said….. The future of the Newsletter depends upon all of you.

 Let’s all try to chip in!

Matthew 10:42

And if anyone gives even a cup of cold water to one of these little ones who is my disciple, truly I tell you, that person will certainly not lose their reward.”

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STATUS OF THE RV

Welcome to my first Newsletter in March. I have some very interesting news for you today. In fact some it may amaze you and it may seem weird too. Today’s commentary is going to be long. So, grab a nice hot cup of something to sip on, relax and let it all soak in as you read. Read it again if you don’t understand. All of what I bring you today is so VERY IMPORTANT to truly understand where Iraq is right now and what is holding back the RV as we all wait for it. I can’t remember so many “happy faces” in any other Newsletter. If I refer to some news from a past Newsletter go to the Archives and re-read it so it all makes sense.

I warn you again against all this stupidity in this RV investment community, there is no “secret” four letter agencies telling anyone the RV is going to happen tomorrow or tonight. As you finish my commentary today you should understand completely why I keep telling you this. We must stick to the FACTS and get over these lies from these internet intel gurus.  Yes, there is just so much news pouring in from Iraq. Why does anyone have to lie and make things up? In the midst of the issues with Iran and the U.S., things are still moving ahead in Iraq. It may be an uphill battle for Al-Sudani and Al Ali-Alaq but they is still aggressively moving forward. Will they finally get help from any U.S. politicians to move this progress ahead more? So, let’s hold our horses, the budget schedules are not even expected to get sent to parliament for review until mid-March. Even when they do, I assure you we are not going to see the new RV rate. The rate is not in the budget and we are not waiting for these damned schedules to come out for the RV. Get it? Why do we pin the RV to any single event?

Today’s news is two-fold. On one hand it will demonstrate yet more progress Iraq has made in the advancement to the international scene and how the dinar is finally rising in relation to the dollar. Yes, the dinar is finally slowly rising. It should not be long before Iraq rises to the top of the middle east and they advance in the rest of the world in global stature.

Is the CBI and the U.S. efforts finally working to break the parallel market? They have to weed out all these small nuances of how they are obtaining the cash dollar. There is also more evidence of the new U.S. policy towards Iraq as this becomes more and more apparent as the president Trump administration moves forward. But some U.S. politicians are also stepping up and realizing what is going on in Iraq too. One of these politicians has contacted me about concerns and has been reading my blog all along. This has motivated this politician to seek answers as to what is really going on in Iraq. I guess I am hitting a sensitive note for some, finally!

There is yet another issue that recently surfaced again. This issue concerns a digital currency for Iraq. You may ask will they actually do such a thing in Iraq? Remember my many presentations on the Pros and Cons of a digital currency? Does the CBI favor this move? Is it being driven by the CBI? Is it in the BAST interest of the people or just the to control the people or the banking sector? What is Donald Trump’s stance on a digital currency? Do you think the US Treasury would even allow such a thing for Iraq? These are questions that need answers as this effort will very likely affect our investment, if Iraq does move forward with a digital currency. I want to also cover this topic in detail today. You have to pay close attention to this one….

😊So, first I wanted to bring your attention to the article titled “REASONS FOR STOPPING CASH WITHDRAWALS OUTSIDE IRAQ BY TBI”. The Central Bank of Iraq and financial institutions have previously taken similar measures to limit the exit of the dollar through unofficial means,”  that “some parties were using electronic payment cards to withdraw cash from abroad with money purchased at the official exchange rate inside Iraq, then reselling it at higher prices in the parallel market, which constitutes a type of currency smuggling.”  Although in another article on this subject matter from my 02/27 Newsletter did not specifically tell us, we now find out more information on this topic and the reason why they cut off CASH from these cards outside Iraq. Is exactly as my contact from the CBI told me and I told you back then as for the reason. But here it is in writing…. In the article titled “IRAQ AMONG THE BEST IN THE WORLD IN CONTROLLING THE SALE OF THE DOLLAR” , the Governor of the Central Bank, Ali Al-Alaq, confirmed today, Saturday, “that Iraq has become one of the best countries in the world in controlling the sale of the dollar”.  Really? I thought this article funny in a way that he would come out and say this. Then why is the CBI having so many problems breaking the parallel market? Are other countries really much worse off and backwards?   

😊Now let’s take a look at the U.S. policy towards Iraq right now under the Trump administration. In the article titled “COORDINATION FRAMEWORK MOVES TO RESPOND TO RUBIO’S WARNING MESSAGES”. The Coordination Framework in Iraq is preparing to hold an emergency meeting within the next two days to discuss the details of the phone call that took place between US Secretary of State Marco Rubio and Iraqi Prime Minister Mohammed Shia al-Sudani. You remember this past article on this topic? Now we are getting more details. We are told the move appears to reflect growing concern within Iraqi political circles “about the implications of the new US policy under President Donald Trump’s administration, which focuses on a “maximum pressure” strategy against Tehran”.

The meeting appears to be an attempt to formulate a unified position that protects Iraq from any potential sanctions that may affect economic and political figures or entities. The question I ask now is will Iraq avoid serious sanctions. We already witnessed a major move (see previous paragraph) by the CBI in cutting off yet another avenue of cash that could get to Iraq through the parallel market. The article also tells us that at time “that Iraq is not among the main priorities of US foreign policy at the present time. He explained that the US focus is on confronting Iran, and that Iraq is seen as a secondary arena in this conflict.”.

Again, I will add that we are not likely to see any reinstatement of the dinar until Iran is broken. I mean the government leadership toppled and the terrorist networks abolished. Please also include this in your prayers as I am told by my CBI contact this must take place to move ahead in Iraq and free Iraq. As long as Iran exists in its present state, the U.S. is NOT going to release (or free) its dinar to the world. I believe the reasons why should be apparent to everyone and so we should all put on our “big boy” pants, suck it up and realize what is actually taking place and move out of this fantasy intel guru world.  

😊We also see more of the U.S. stance on other issue too in dealing with Iraq in the article titled “WASHINGTON ADVISES THE IRAQI POLITICAL SYSTEM TO LIFT ITS HAND FROM 5 INSTITUTIONS.. LEARN ABOUT THEM”. The United States advised Iraq to lift the political system’s hand from 5 major official institutions, in order to avoid potential US sanctions .That “the institutions included in the American advice are: the National Oil Company SOMO, the Central Bank of Iraq, the intelligence and counter-terrorism services, and the security services.” It is explained that “these institutions were established with American support and funding to be part of the structure of the Iraqi state and not the government,” noting that “the political system’s interference in their work threatens to impose more sanctions that may directly affect the Iraqi economy.” In other words the U.S. is telling Iraq that these institutions are for the people not for the political purposes of the government.

😊In the articles titled “INVESTMENT OPPORTUNITIES ARE EXPANDING.. FAO IS PREPARING TO TRANSFORM INTO THE LARGEST INDUSTRIAL CITY IN THE MIDDLE EAST” and “MF CONFIRMS SUPPORT FOR IRAQ IN DEVELOPING FINANCIAL POLICIES” we learn as explained that “the development road will transform Iraq into a pivotal commercial center linking the East and the West through advanced industrial cities extending from Al-Faw to the Turkish border,” noting that Al-Faw city will include giant industrial projects including petrochemical plants, power stations, water desalination and liquefied gas facilities, in addition to residential and tourism projects, which will contribute to stimulating trade exchange and creating more than one million job opportunities. I is also stressed that “the project will contribute to reducing the time it takes to transport goods from China to Europe to less than 22 days, which will enhance Iraq’s position as a global logistics center.”  All I can say is WOW! WOW! WOW!. How can the dinar ever stay at 1/6 of a penny in the near future? So with all the news of the U.S. policy towards Iran complicating Iraq currency reform which is caught in the middle of this issue, we can clearly see the Iraqi dinar is being artificially suppressed and will not come out of this “coma” until the spiders web with Iran and middle east terrorism is broken. Our prophets keep telling us this web will be broken and there will be a grave surrender of wealth and freedom from this middle eastern region. God told us “there will be a break in the financial system when you see the situation at its worst”. This is God’s words not mine. Are you listening?

😊In yet another optimistic article about Iraq titled “IRAQI OPPOSITION LOBBIES IN AMERICA: JOE WILSON AND THE MEGA CAMPAIGN AS AN EXAMPLE – URGENT” we find an American politician bringing emphasis on Iraq. For all too long Iraq seemed to be all but ignored by the U.S. foreign policy, except for military purposes against ISIS and terrorism. Now we read that US Senator Joe Wilson, known for his controversial positions, announced the launch of a campaign called “MEGA”, in direct imitation of former US President Donald Trump’s “MAGA” (Make America Great Again) campaign.

  Addison Graves “Joe” Wilson Sr. (born July 31, 1947) is an American politician and attorney serving as the U.S. representative for South Carolina’s 2nd congressional district since 2001. A member of the Republican Party.

Wilson’s campaign, according to what he posted on his account on the X platform, aims to “support the Iraqi people to make Iraq great again”, in reference to the October 2019 protests, which he described as “a non-sectarian movement abandoned by US President Joe Biden.” So, we can yet more aspects of the U.S. policy towards Iraq slowly changing for the better too. It is  not that Trump does not want wealth and prosperity for Iraq too but he is setting the first priority and this must come from dealing with Iran first. If you don’t deal with Iran first the chaos in the middle east will never end. It is time for it to end and then the U.S. can concentrate more on its partners in the middle east.

The article tells us that nn recent years, Iraqi lobby groups have become active in the United States, seeking to influence American decision-makers regarding policies towards Iraq. These lobbies are divided between supporters of the current Iraqi government and opponents who seek to change the political system in Baghdad. Among the American figures who adopt this approach, Senator Joe Wilson stands out targeting what he called “liberating Iraq from Iran”, which sparked widespread controversy in American and Iraqi circles. I am sure you all can see why this would be controversial for Iraq since Iraq and Iran are tided together both culturally, ethnically and by trade (economics).

Wilson’s statements and his new campaign of MEGA for Iraq faced sharp reactions from American commentators on social media platforms, with some criticizing him, saying that “American politicians should focus on their internal issues instead of interfering in Iraq’s affairs.” The campaign also angered some American political circles, as some considered it an “irresponsible attempt to reignite chaos” in a country suffering from major political and security complications. I will add that change is hard and sometimes faced with strong resistance. Are any of these negative political figures invested in the corruption schemes with Iraq? How must money have they gained from holding back Iraq and its currency reforms? Yes, you have to take comments like these against change with a grain of salt as you don’t know what is behind them. In another note you would also think that the democrats in the U.S. would be happy and jumping up and down about all the exposure of corruption and cutting waste out of the U.S. budget. But are they? Why not? Go figure who is behind it.

😊More good news from Iraq in the article titled “CENTRAL BANK: 20 IRAQI BANKS PRACTICE DIRECT TRANSFER OPERATIONS IN 8 FOREIGN CURRENCIES”. The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Tuesday, that there are 20 Iraqi banks practicing direct transfer operations in 8 foreign currencies. Remember we read in December that it was only 4 correspondent banks and now its eight. At that time I told you my CBI contact said there were 10 in the process and so now we now have 8 of these 10 foreign banks (currencies). This is VERY IMPORTANT news because it shows to us that foreign banks are slowly opening-up to doing business with Iraqi banks and the dinar. Remember the process – merchants in Iraq take dinar, the Iraqi banks send dinar electronically to the foreign banks that then convert the dinar (or exchange it) to the foreign currency of that country and pay the distributor for the imports to Iraq. But look at this as progress but still in its infant stages. It is like a beta test. Only 20 Iraqi banks and only 8 foreign currencies so far. It’s a start and you have to start somewhere. The glass is half-full!

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What else is in the news?

WILL IRAQ MOVE TO A FULLY DIGITAL CURRENCY?

And finally, I want to cover this question that may be on everyone’s mind. This is the VERY IMPORTANT question asking – Will Iraq go to a fully digital currency for the dinar? If you read a couple articles from today’s news you might get the impression they fully intend to move in this direction and plan to do it now. However, we must consider more than the headlines and read the full articles to understand. We must also look at the past news from the CBI on this topic.

So, what did the CBI tell us in the past? In an article from November of 2021 titled “THE CENTRAL BANK URGES CAUTIONS ON DIGITAL CURRENCIES” in Economy News channels, the Central Bank of Iraq (CBI) warned on Thursday, against dealing in digital currencies. The CBI media office stated in a statement received by the Iraqi News Agency (INA), that “The bank is closely following transactions in the digital, encrypted and virtual currency market, given the great risks associated with these currencies.   
The statement added, “In order to avoid any negative repercussions resulting from dealing with these currencies, which are highly volatile and speculative, we urge caution against their use”.

Then yet another article in March of 2022 titled “IRAQ CBI: TRADING IN DIGITAL CURRENCIES”  affirmed what was stated in our circular No. (125/5/9) on 3/29/2022, in which it was decided to prevent the use of electronic cards and wallets for the purpose of speculation and trading in digital currencies of all kinds. Take all necessary administrative, legal and technical measures to prevent and track such types of transactions and trades. educate your customers about the risks and procedures that will be taken against them according to the laws and instructions in force related to these transactions and trades. Otherwise, all strict legal measures will be taken against your institutions and customers in accordance with the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the instructions issued thereunder in the event of non-compliance with the above.

Having read the “official” stance or policy of the CBI on this issue of digital currencies (see the two articles above) let’s go and read what just recently came out in the news from the Finance Committee. Remember that the finance committee is part of the government of Iraq (GOI) and not the CBI. It is part of Al-Sudani’s cabinet.

In the articles titled “FINANCIAL ADVISOR: CENTRAL BANK DIGITAL CURRENCY WILL BOOST TRANSPARENCY, IMPROVE NATIONAL PAYMENTS

and

“SUDANESE ADVISOR: DIGITAL CURRENCY IS A QUALITATIVE LEAP THAT IMPROVES OVERSIGHT AND SUPPORTS COMBATING MONEY LAUNDERING”,

the financial advisor to the Prime Minister, Mazhar Mohammed Saleh, explained today, Saturday, that issuing a digital currency for the Central Bank will be an important step towards enhancing transparency and achieving a qualitative leap in the national payments system. 

Saleh said in a statement to the official agency, followed by NRT Arabic, that “the Central Bank plans to issue a digital currency as a gradual alternative to paper currency,” noting that this step will contribute to reducing cash leakage and lowering the costs of printing paper currency, in addition to reducing the circulation of money outside the banking system. So its seems according to this article that the CBI is now in favor of a digital currency for the dinar. It does say “gradual” and so when we don’t know when. This was not an announcement of a pending digital currency. It was an informative article only. Will the CBI itself speak up on this issue being that the finance committee already “spilled the beans” on it?

In another recent article on this topic titled “SANCTIONS AND MISTRUST.. HOW WILL THE IRAQI DIGITAL CURRENCY BE BORN?” The financial and banking expert Mustafa Hantoush confirmed that talking about launching an Iraqi electronic currency at the present time is premature, in light of a banking system that suffers from structural problems and weak infrastructure. He explained to “Jarida Platform” that “the culture of electronic payment in Iraq is still immature, and unless the government intervenes and imposes the adoption of electronic payment in government departments, we will not witness any real development in this field.” So, although the finance committee may like the idea as it may solve many issue with the dollar, it may also cause other issues. One being the infrastructure for electronic payments is now barely off the ground as electricity is not yet even full 24/7 service in most provinces. The hardware also will be needed and the establishment of servers and a data center. I get the feeling after reading this article this will not happen any time soon and we will be far out of this investment before this happens. This was all futuristic talk by the finance committee. The next question is will the U.S. even allow a digital currency in Iraq, as Donald Trump is not in favor of the U.S. ever having a digital currency. It will surpass privacy and instill deep control over the population, something that impedes upon the virtues of a FREEDOM and LIBERTY.

What would happen if Iraq did institute a digital currency prior to the RV?

This action would impede and slow down the necessity to RV since they would not have to conduct the project to delete the zeros and there would be no longer pressures to do so. On the other hand, it would force the turn-in of all hard cash to the banks for credit and thus finally all this cash back into the banking system for liquidity. But there are other ways of doing this too, as we are now seeing taking place. Will the people of Iraq accept this lack of FREEDOM of privacy of their expenditures and the government controlling their every dinar spent? Of course, many Iraqi may feel this might be a step up from what they now have, without realizing all the future ramifications it will cause. Bottom line  is I am not worried about this transition to a fully digital currency unless I firmly hear the CBI come out with a directive policy to begin the process. I don’t think this is going to happen until we are way out of this investment and the dinar has already been reinstated.

I want to bring you one more article and this one is from the past. I stumbled on this one while searching for the past articles on the digital currency stuff. Take a look at it as it is very interesting and tells us so much of Ali Al-Alaq and his mind set for the dinar. Look at the date….. So, in today’s news we just read that from Saturday Alaq said and I quote from Alaq that “IRAQ AMONG THE BEST IN THE WORLD IN CONTROLLING THE SALE OF THE DOLLAR”. Really?  So, you see some the news is just hopeful. The CBI does have plans but it might change as the dynamics of the politics change too. This was during the first Trump administration. If the CBI could really control the dollar so well than after 7 years from this article you would think the CBI could have the dinar equal to the dollar by now? Folks its been 7 years since this article. Are you listening what I am trying to tell you? I am not trying to discourage you but to wake you up to the reality of what is really happening in Iraq.  There are some strange things happening in Iraq!

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GOVERNOR OF THE CENTRAL BANK ALI AL-ALAQ DURING HIS SPEECH AT THE FORUM

Economy News Iraq April 26 2018

The governor of the Central Bank of Iraq, Ali Alalak, the total assets in banks operating in the country is 200 billion dollars.

Al-Alak said in his speech at the meeting of the “partnership in investment” within the Forum on investment and reconstruction opportunities in Iraq and attended by “Economy News”, “The cash credit provided by banks amounting to 30 billion dollars and weaken this figure of credit contract,” noting that ” The amendment of the organizational structure, the establishment of risk units, combating money laundering and the financing of terrorism, among others. “

He added that “the central bank has developed the system of payments and will soon launch payment by mobile phone,” asserting “Last year we launched the common system known as the IBAN for all accounts and Iraq is one of the 47 countries in the world implement this system, which facilitates the process of financial transfer “He said.

He pointed out that “MasterCard will establish a school in Iraq to develop young people to use credit cards and others,” adding that “the inflation rate in Iraq does not exceed 2%.”

He pointed out that “THE COMING PERIOD WILL WITNESS A DECLINE IN THE RATE OF INFLATION IN IRAQ AFTER CONTROLLING THE EXCHANGE RATE AND CANCEL THE MARGINAL PRICE OF THE DOLLAR AND MAKE IT EQUAL TO THE OFFICIAL PRICE,” noting that “this measure by the Central Bank supports the purchasing power of citizens and provides an important indicator for businessmen through the stability of the working environment” .

He pointed out that “the dollar exchange rate is considered at the current stage is the best because it has become an ideal price and gives confidence to investors in maintaining the return of their activities.

I encourage everyone to continue our prayers. These are the prayers that God wants to hear. He needs to know your concerns and wants to help.  Remember we don’t know how this is all going to turn out but we do know it will. Be patient and let God do His work in the middle east.

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

All I can say about this prophecy of today is WOW! This is actually already begun.

Indictments are about to be handed down in unprecedented ways”.

Prophecy begins at the 21:50 mark.

How long already has God been telling us this was coming? How many prophecies from the past have I showed you on this topic? Now it the time we have been waiting for. Now that the president Trump has assigned a non-corrupt attorney general and some to lead the FBI and CIA we may finally get some justice. First the exposure and then the indictments. Exposure of corruption does not do much unless it is accompanied with justice. There must be JUSTICE to have a FREE SOCIETY. That has been the problem all along. Too many corrupt high-level officials and no one ever seems to be prosecuted and goes to jail or…… What will happen to all these TREASONOUS politicians?

For me the indictments cannot come fast enough. I have been watching them seemingly get away with their lies and corruption way too long. Enough is enough!  How do you feel about this?

Leave a comment

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PROPHECIES FULFILLED: How do we gauge the prophecies? Are they really a voice from God? So at time we step back and analyze what happened and compare to the prophetic words spoken.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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EXPLAINED: TRUMP’S WILD PLAN FOR GAZA

Has President Trump finally gone over the top?

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REALLY NOW, IS THERE GOLD MISSING AT FORT KNOX?    

Let’s explore this further. If we are not careful and go back to a Gold Standard and the gold at Fort Knox and elsewhere is not up to records our currency could be in big trouble. Let’s hear yet another perspective today on why an audit might be a very good idea. Could it be they want to “revalue” the gold to current market prices?

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ZELENSKY CHOSES TO GO TOE TO TOE WITH PRESIDENT TRUMP.

WHAT OUR FOUNDING FATHER TOLD US FROM LESSON LEARNED. ARE WE IGNORING THESE LESSONS?

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CONGRESSIONAL REPRESENTATIVE JIM JORDAN CALLS OUT BIDEN-ERA NAZI FACIST-LIKE DOJ

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THERE IS MUCH MORE TO THE DOGE EFFORT THAN JUST WASTE OF TAXPAYER MONEY.

DOGE is exposing huge amounts of intentional corruption and money going to nefarious places it shouldn’t be going to…like supporting terrorists organizations and activists movements. Folks this is your own hard earned money being used to destroy your own country, get it?

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GOP LAWMAKER UNVEILS BILL TO DEFUND LEFT-WING ‘PROPAGANDA’

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EU LEADERS UNDER PRESSURE AFTER €132 MILLION EUROS SLUSH FUND FOUND

Oh… this corruption is global? Of course we knew this since we were told by the prophets this would be exposed too. And so it is….

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GERMANS SIMPLY WANT ‘THEIR COUNTRY BACK’

If Germany leaves the EU so goes the EU. It will fall apart. Germany has been the backbone of the EU. So this a good idea or a bad idea? Listen to this broadcast today and you decide. Personally, living in Germany I believe it would be a wonderful thing to happen. It can’t happen soon enough.

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WILL TRUMP BE ABLE TO NEGOTIATE MINERAL UKRAINE MINERAL DEAL TO BE SECURED BY TRUMP

Everyone should understand why president Trump is doing this. Does he just see an opportunity?  So, we must be informed and know the TRUTH. Here is the TRUTH:

When Zelensky asked for Aid from the US was it conditional that Ukraine would pay it back. Was it a loan and not free money? He has since denied ever agreeing to this arrangement under the Biden administration. Since then, President Trump has shown him evidence of the arrangement. President Trump is only helping Ukraine pay back the funds the US loaned in return for mineral rights in Ukraine. This deal is good for Ukraine since they can pay off the nearly $300+ billion (some say as high as $500 billion) US dollar loan and also make future revenues to help rebuild Ukraine damaged from the war. It is a Win-Win for both parties. It would also give the US a stronghold in Ukraine something that is needed in dealing with Russian Putin to end the war.

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”

The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. Jesus prayed too to the Father while he was alive. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election and within this short period of time since so far what exposure has taken place. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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COORDINATION FRAMEWORK MOVES TO RESPOND TO RUBIO’S WARNING MESSAGES

The Coordination Framework in Iraq is preparing to hold an emergency meeting within the next two days to discuss the details of the phone call that took place between US Secretary of State Marco Rubio and Iraqi Prime Minister Mohammed Shia al-Sudani.

The meeting comes amid escalating tensions after informed sources reported that the US Secretary of State had sent warning messages that could carry direct threats. The leaders of the framework believe that these messages may reflect Washington’s intention to increase pressure on Baghdad, especially with regard to relations with Iran.

The move appears to reflect growing concern within Iraqi political circles about the implications of the new US policy under President Donald Trump’s administration, which focuses on a “maximum pressure” strategy against Tehran. The meeting appears to be an attempt to formulate a unified position that protects Iraq from any potential sanctions that may affect economic and political figures or entities.

During the phone call, the US State Department urged the Iraqi government to ensure its energy independence, which was confirmed by the department’s spokeswoman, Tammy Bruce, in an official statement.

She pointed out that Rubio and Al-Sudani discussed the importance of reducing dependence on Iran in this vital sector, while stressing the resumption of the operation of the Iraqi-Turkish pipeline as soon as possible.

This call reveals Washington’s desire to limit Iranian economic influence in Iraq, as the latter depends on Iranian gas to generate about 40% of its electricity, according to reports by the International Energy Agency for 2024.

This pressure is part of a broader policy aimed at reshaping regional balances, but it could force the Iraqi government to make difficult choices between maintaining its relations with Tehran and meeting US demands.


The leaders of the Coordination Framework see the content of Rubio’s messages as a direct threat to the stability of the political system in Iraq. Speculation is rife in Baghdad about the possibility of US sanctions that could include local banks or prominent figures, which could exacerbate the economic crises that the country is already suffering from.

This perception indicates the sensitivity of the internal political situation, as some believe that any American escalation could lead to reactions from the armed factions loyal to Iran, which have great influence in the Iraqi arena. This dynamic shows the complexity of the scene, as Al-Sudani tries to maintain a delicate balance between external pressures and internal stability.

Former US Assistant Secretary of State David Schenker confirmed during his participation in the Erbil Forum on Thursday, February 27, 2025, that Iraq is not among the main priorities of US foreign policy at the present time. He explained that the US focus is on confronting Iran, and that Iraq is seen as a secondary arena in this conflict.

This statement reinforces the impression that Washington is using Iraq as a tool in its broader strategy against Tehran, without fully paying attention to its internal needs. This raises questions about the seriousness of the strategic partnership between the two parties, especially with the ongoing security and economic challenges facing Baghdad.

According to statements by Foreign Minister Fuad Hussein, Iraq seeks to maintain a balance in its relations with the United States and Iran, while emphasizing its commitment to the security agreement with Tehran. Hussein indicated in a television interview that Baghdad is working to protect its national interests amid increasing international pressure.

This position reflects the great challenge facing Al-Sudani in managing complex foreign relations, as Iraq has a long border with Iran that extends for more than 1,400 kilometers, making cooperation with it a geopolitical necessity. However, reliance on American support, whether military or economic, puts the government in an unenviable position.

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REASONS FOR STOPPING CASH WITHDRAWALS OUTSIDE IRAQ BY TBI

(Mnt Goat: Although the article on this subject matter from my 02/27 Newsletter did not specifically tell us, we now find out the reason. Is exactly as my contact from the CBI told me and I told you then. But here it is in writing….)

Today , Friday (February 28, 2025), banking and financial affairs specialist Ahmed Abdul Rabbo revealed  the reasons for stopping cash withdrawals outside Iraq by the Trade Bank of Iraq.

“There is a strong possibility that the decision is related to combating currency smuggling, as the Central Bank of Iraq and financial institutions have previously taken similar measures to limit the exit of the dollar through unofficial means,” Abdul Rabbo told Baghdad Today. He explained that “some parties were using electronic payment cards to withdraw cash from abroad with money purchased at the official exchange rate inside Iraq, then reselling it at higher prices in the parallel market, which constitutes a type of currency smuggling.”

He explained that “there is a strong possibility that the decision came in response to American pressures related to regulating dollar flows and preventing its smuggling to countries subject to American sanctions, such as Iran. Washington has imposed strict restrictions on Iraqi banks in recent periods, and asked the Central Bank of Iraq to take strict measures to control financial transfers, especially after detecting currency smuggling operations through the use of electronic payment cards.”

He added that “the decision appears to have come as part of broader measures to control the banking sector and prevent the misuse of the dollar, and is an extension of previous measures imposed by the Central Bank, either in response to American pressure or as part of efforts to combat financial corruption and smuggling.”

Yesterday, Wednesday, the Trade Bank of Iraq announced the suspension of cash withdrawals via ATMs outside Iraq.

The bank’s media advisor, Aqil Al-Shuwaili, said in a brief statement, “Due to the risks resulting from the misuse of electronic cards (Visa and MasterCard), and to avoid these risks, cash withdrawals via ATM machines for these cards outside Iraq only have been stopped.”

He added, “Cards can be used to pay through POS machines and online.”

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IRAQ AMONG THE BEST IN THE WORLD IN CONTROLLING THE SALE OF THE DOLLAR

The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Saturday, that Iraq has become one of the best countries in the world in controlling the sale of the dollar. Al-Alaq said in an interview with the official agency, followed by Iraq Observer, that “Iraq has today become one of the best countries in the world in controlling the sale of the dollar, as this process is carried out with transparency and accuracy, and through it the citizen verifies his documents and his departure from the country,” explaining that “this mechanism is the most disciplined, transparent and controlled in the world, as indicated by international experts.”

Al-Alaq added that “false news and media distortion may harm the interests of Iraq and the banking sector,” stressing the importance of being proud of the major developments witnessed by Iraq. He explained that “the government and the Central Bank are working hard to establish sound practices that are compatible with international standards,” calling for “the need to highlight these achievements in the media.” He pointed out that “highlighting these transformations and developments helps enhance international confidence in the Iraqi banking sector, which is vital to continue developing the financial system in Iraq.”

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MEMBER OF THE PARLIAMENTARY FINANCE COMMITTEE REVEALS TWO PROPOSALS TO DEVELOP THE BANKING SECTOR

Member of the Finance Committee in the House of Representatives, Hussein Mounes, revealed today, Monday, two proposals from the committee to develop the banking sector in Iraq.

Mounes told the Iraqi News Agency (INA): “The digitization of the banking system in Iraq is part of the government program voted on in the House of Representatives, so it is a necessity that must be adopted, and we see that there is a major transformation and it is an opportunity to ensure the principle of transparency, limit the amounts of money and reduce banknotes, and it is also a necessity that must be taken into account, given that there is a global trend in the issue of digitization and the adoption of bank transfer companies.”

(Mnt Goat- but  does digitization include going as far as a total digital currency? I think he means just electronic transfers and payments.)

He pointed out that “the Finance Committee is following up on the process of financial digital transformation and is in contact with the Central Bank to develop plans to resolve this issue,” indicating that “we have no choice as a country trying to launch its banking system except to proceed quickly and expedite the resolution of matters.”

Mounes added that “the Finance Committee has two proposals: the first is to amend the law of private banks; to ensure their participation and raise the efficiency of local banks, and we have a proposal to adopt the Federal Revenue Control Authority, and these two legislations are very important for developing the banking system in Iraq.”

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FINANCIAL ADVISOR: CENTRAL BANK DIGITAL CURRENCY WILL BOOST TRANSPARENCY, IMPROVE NATIONAL PAYMENTS

The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, explained today, Saturday, that issuing a digital currency for the Central Bank will be an important step towards enhancing transparency and achieving a qualitative leap in the national payments system. 

Saleh said in a statement to the official agency, followed by NRT Arabic, that “the Central Bank plans to issue a digital currency as a gradual alternative to paper currency,” noting that this step will contribute to reducing cash leakage and lowering the costs of printing paper currency, in addition to reducing the circulation of money outside the banking system.

He added that the digital currency will allow tracking financial flows, improve control over capital and foreign transfers, support anti-money laundering efforts, and contribute to enhancing financial inclusion, especially for groups less integrated into the banking system.

Saleh explained that Iraq’s transition to digital currency requires a strong technical infrastructure, including advanced internet networks and advanced cybersecurity systems to protect data and transactions.

Digital currencies will also support efforts to enhance economic and social integration through government use in collection operations and official transactions.

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SUDANESE ADVISOR: DIGITAL CURRENCY IS A QUALITATIVE LEAP THAT IMPROVES OVERSIGHT AND SUPPORTS COMBATING MONEY LAUNDERING

The financial advisor to the Prime Minister, Mazhar Mohammed Salih, praised, on Saturday, the Central Bank of Iraq’s move towards issuing a digital currency, considering it a qualitative leap that enhances transparency and control over financial flows, improves oversight of capital and foreign transfers, and supports efforts to combat money laundering. 

Saleh said in a statement reported by the official news agency, and seen by “Al-Eqtisad News”, that “the Central Bank is moving towards issuing a digital currency as a gradual alternative to paper currency,” indicating that “this trend represents a qualitative leap in the national digital payments system.” 

He added, “This step will achieve many benefits, including reducing cash leakage, lowering printing costs, and limiting the circulation of paper currency outside the banking system, in addition to reducing the need to print money repeatedly, which reduces the costs associated with its production and distribution, in addition to enhancing transparency and control over financial flows and the ability to track digital liquidity and spending trends, whether consumption, savings or investment, in addition to improving control over capital and foreign transfers, and supporting efforts to combat money laundering.” 

He pointed out that “digital currencies contribute to achieving financial inclusion, especially for groups less integrated into the banking system, which contributes to enhancing economic and social integration.” 

He stressed that “the transition to digital currency requires a strong technical infrastructure that includes reliable and advanced internet networks and advanced cybersecurity systems to protect data and transactions, in addition to promoting a culture of societal acceptance of digital currencies, starting with government agencies, through their use in collection operations and official transactions.” 

He explained that “digital cash will maintain its traditional functions as a unit of account, payments and savings, with the possibility of using it online and on smartphones, which will contribute to developing a more stable and efficient financial environment.”

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SANCTIONS AND MISTRUST.. HOW WILL THE IRAQI DIGITAL CURRENCY BE BORN?

 Financial and banking expert Mustafa Hantoush confirmed that talking about launching an Iraqi electronic currency at the present time is premature, in light of a banking system that suffers from structural problems and weak infrastructure.

He explained to “Jarida Platform” that “the culture of electronic payment in Iraq is still immature, and unless the government intervenes and imposes the adoption of electronic payment in government departments, we will not witness any real development in this field.”

Hantoush added that “Iraq does not have an integrated internal transfer system and relies on international systems such as Visa and MasterCard, which makes it a priority to develop the national switchboard, enhance the electronic payment infrastructure, and spread the culture of digital payment among citizens.” He pointed out that “electronic payment, in essence, depends on the presence of funds deposited in banks and their electronic transfer instead of direct cash exchange, which requires a strong infrastructure and broad confidence in the banking system.”

Hantoush stressed that “even major countries such as the United States, Europe and China have not yet been able to develop integrated electronic currencies due to fears of electronic breaches and weak cybersecurity systems,” wondering about the extent to which Iraq, with its current banking system, can achieve this.

He added, “Talk about an Iraqi electronic currency does not match the reality of Iraqi banks, which suffer from sanctions, the absence of their real role in the market, and the presence of a large percentage of money circulating outside the banking system, in addition to the lack of trust in banking institutions.”

He concluded by saying, “The Central Bank still relies on old evaluation mechanisms, and the Islamic banking system has not witnessed real development in Iraq, which makes the priority now to build an integrated banking system, enhance confidence in it, and develop its electronic infrastructure before thinking about launching an electronic currency.”

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MP: WASHINGTON DIRECTLY SUPERVISES THE FINANCIAL SYSTEM IN IRAQ

Representative Mukhtar al-Moussawi confirmed today, Monday, that the United States directly supervises the financial system in Iraq, and is aware of the entire movement of money.


Al-Moussawi explained to Al-Maalouma that “the United States directly supervises the financial system in Iraq, and is fully aware of the movement of funds and exiting the country, which gives it broad economic influence that affects the financial decisions of the Iraqi government.

Regarding the security official, Al-Moussawi said that “Iraq has recovered in terms of security and has become able to protect its lands from terrorist attacks, thanks to the development of the capabilities of the armed forces and the Popular Mobilization Forces,” ruling out “the possibility that Washington will use the ISIS terrorist organization card again, given the expected failure of such attempts in the face of the high security readiness enjoyed by the Iraqi military apparatuses.

” Al-Moussawi criticized “some parties that promote the possibility of the return of the threat of the terrorist organization, and an attempt to repeat the 2014 scenario,” stressing that “the security forces and the Popular Mobilization Forces are ready to thwart any terrorist activity that may target the country.”
According to observers, the United States is playing its suspicious role in Iraq, whether through economic intervention or waving the security card, which calls for a firm national position to end its guardianship and restore full autonomy

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WASHINGTON ADVISES THE IRAQI POLITICAL SYSTEM TO LIFT ITS HAND FROM 5 INSTITUTIONS.. LEARN ABOUT THEM

Iraqi politician Adnan Al-Zurfi revealed today, Monday, that the United States advised Iraq to lift the political system’s hand from 5 major official institutions, in order to avoid potential US sanctions .

Al-Zarfi explained in a televised statement followed by the “Al-Sa’a” network that “the institutions included in the American advice are: the National Oil Company SOMO, the Central Bank of Iraq, the intelligence and counter-terrorism services, and the security services.”

Al-Zarfi added, “The Americans stressed the importance of these institutions operating independently according to the way they were previously established, away from political interference that affects their technical and administrative performance.”

He pointed out that “the United States is closely monitoring financial operations in Iraq, especially bank transfers, and has already imposed sanctions on a number of banks and financial companies due to their potential links to Iran.”

He explained that “these institutions were established with American support and funding to be part of the structure of the Iraqi state and not the government,” noting that “the political system’s interference in their work threatens to impose more sanctions that may directly affect the Iraqi economy.”

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CENTRAL BANK: 20 IRAQI BANKS PRACTICE DIRECT TRANSFER OPERATIONS IN 8 FOREIGN CURRENCIES

 
The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Tuesday, that there are 20 Iraqi banks practicing direct transfer operations in 8 foreign currencies.

Al-Alaq said, according to the official agency, that “the recent quarterly meetings with the US Federal Reserve and the Treasury Department, which were held in Dubai, were very positive, as the steps taken by the Central Bank to improve the foreign transfer system and convert operations to international practices in a safe, transparent and highly organized manner were praised.”

Al-Alaq pointed out that “this transformation is the first of its kind in Iraq, which witnessed transitional stages from (the window) to (the platform) and then to correspondent banks.”

He continued, “Today, there are 20 Iraqi banks practicing direct transfer operations with international correspondents in eight foreign currencies, within the new system.”

Al-Alaq explained that “the other banks that are still outside this framework are now working to qualify them according to specific standards, in cooperation with an international consulting company, to apply the necessary standards that qualify them to join foreign transfer operations.”


He stressed that “there are no new sanctions or changes, but on the contrary, there is praise and appreciation from international bodies, especially with regard to the mechanism of selling cash dollars.

” Al-Alaq stressed the “need to focus on these successes to show a positive image of the transformations in the Iraqi banking sector, which will be positively reflected in the dealings of international financial institutions with Iraqi banks.”

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MAZHAR SALEH: GEOPOLITICAL CONTROLS PUSH TOWARDS SHIFTING TO OFFICIAL CHANNELS FOR CURRENCY TRADING

Mazhar Muhammad Salih, the financial advisor to the Prime Minister, confirmed that the geopolitical controls imposed on informal trade contribute to expanding dealings with official outlets for foreign currency, which contributes to financing foreign trade through the sound international financial system.

He pointed out in his statement to {Euphrates News} that “this shift aims to move away from informal financing from the parallel dollar market intensively, especially with the change in the behavior of small traders in avoiding the parallel market linked to the countries’ regional and geopolitical problems.” 

Saleh added that “this shift comes in the context of the importance of increasing Iraq’s foreign reserves and confronting money smuggling operations, in addition to facilitating external transfer operations through Iraqi banks that deal with international banking correspondents, at an official exchange rate of 1,320 dinars per dollar.”

He also stressed that the end of the compliance platform phase adopted by the Central Bank of Iraq in the past two years and the country’s entry into a new phase has contributed to providing great flexibility in financial transfers through official channels.

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IRAQI OPPOSITION LOBBIES IN AMERICA: JOE WILSON AND THE MEGA CAMPAIGN AS AN EXAMPLE – URGENT

In recent years, Iraqi lobby groups have become active in the United States, seeking to influence American decision-makers regarding policies towards Iraq. These lobbies are divided between supporters of the current Iraqi government and opponents who seek to change the political system in Baghdad. Among the American figures who adopt this approach, Senator Joe Wilson stands out, who recently launched a political campaign called “MEGA”, targeting what he called “liberating Iraq from Iran”, which sparked widespread controversy in American and Iraqi circles.

Joe Wilson and the Mega Campaign

US Senator Joe Wilson, known for his controversial positions, announced the launch of a campaign called “MEGA”, in direct imitation of former US President Donald Trump’s “MAGA” (Make America Great Again) campaign. Wilson’s campaign, according to what he posted on his account on the X platform, aims to “support the Iraqi people to make Iraq great again”, in reference to the October 2019 protests, which he described as “a non-sectarian movement abandoned by US President Joe Biden.”

The statements come as part of a series of recent posts by Wilson, which, according to Fox News, included “direct threats” calling for action inside Iraq to bring about political change.

Controversy and American Reactions

Wilson’s statements and his new campaign faced sharp reactions from American commentators on social media platforms, with some criticizing him, saying that “American politicians should focus on their internal issues instead of interfering in Iraq’s affairs.”

The campaign also angered some American political circles, as some considered it an “irresponsible attempt to reignite chaos” in a country suffering from major political and security complications.

Iraqi Lobbies in Washington and Their Influence

Wilson’s campaign is part of a broader landscape of Iraqi lobby groups active in Washington, working to influence US policy toward Baghdad. These groups can be divided into:

1. Groups loyal to the Iraqi government: working to strengthen relations between Baghdad and Washington, and defending the Iraqi government in the face of American pressure.

2. Opposition lobbies: consisting of former Iraqi politicians, activists, and some American figures who see the need to change the Iraqi political system, and demand stricter American measures towards Baghdad, such as imposing sanctions or supporting protest movements.

3. Kurdish lobbies: seeking to maintain Washington’s support for the Kurdistan Region, especially with regard to the oil file and relations with Türkiye and Iran.

Iraq is strongly present in American politics

Joe Wilson’s “MEGA” campaign reflects a growing trend among some American politicians toward intervening in Iraqi affairs, whether by supporting protests or demanding broad political changes. Despite the criticism he has faced, these moves reflect the continued influence of Iraqi lobbies in Washington, whether from the Iraqi government or its opponents, making Iraq a strongly present issue in American politics, despite the passage of more than two decades since the American invasion.

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MF CONFIRMS SUPPORT FOR IRAQ IN DEVELOPING FINANCIAL POLICIES

The Ministry of Finance confirmed, on Sunday, that the Iraqi government is committed to achieving financial sustainability that supports development and stimulates investment, while the International Monetary Fund expressed its support for Iraq in developing financial policies.

A statement by the ministry, seen by Al-Eqtisad News, stated that “the Iraqi delegation concluded its meetings with the International Monetary Fund in Amman during the period from February 24 to 26, 2025, with the participation of the Minister of Finance, Taif Sami Muhammad, and the Governor of the Central Bank of Iraq,” noting that the economic performance of Iraq and the prospects for sustainable growth were discussed, amid appreciation for the progress made.”

The statement added, “The discussions, in which experts from the Ministries of Finance, Planning, Oil, Electricity and the Central Bank participated, focused on macroeconomic indicators, where a remarkable growth in non-oil GDP was recorded at 5% for the year 2024, driven by the expansion of the agricultural sector and the increase in public spending, with growth expected to continue at 3.5% in 2025.”

The mission confirmed, according to the statement, that “these figures reflect an improvement in economic diversification and a reduction in dependence on oil, which enhances the stability of the national economy, in addition to reviewing actual expenditures and expected revenues for the year 2024 and expectations for the year 2025 and how to finance the deficit.”

The statement added that “the meeting discussed updating the public debt strategy with mechanisms that ensure public financial sustainability and enhance investor confidence in government bonds. The IMF also stressed the importance of developing the banking sector to support investments and attract foreign capital, which contributes to creating a more stable financial environment.”

The Fund confirmed, according to the statement, “its support for Iraq in developing financial policies by providing advisors and experts to assist the Ministry of Finance in managing public debt and improving the tax system in line with the requirements of economic growth.”

The statement added, “Within the framework of enhancing financial stability, it was agreed to intensify efforts to expand cooperation with foreign correspondent banks, which facilitates foreign trade financing operations, in addition to enhancing the use of the Iraqi dinar in major transactions, which enhances the strength of the national currency.”

The meetings stressed the continued progress in financial and economic reforms, reflecting the Iraqi government’s commitment to achieving financial sustainability that supports development and stimulates investment, in light of an ongoing strategic partnership with the International Monetary Fund.

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INVESTMENT OPPORTUNITIES ARE EXPANDING.. FAO IS PREPARING TO TRANSFORM INTO THE LARGEST INDUSTRIAL CITY IN THE MIDDLE EAST 

The Ministry of Industry and Minerals revealed plans on Monday to establish giant industrial projects in the city of Al-Faw, which will make it one of the largest industrial cities in the Middle East, as part of the Strategic Development Road project.  

The Deputy Chairman of the Industrial Cities Authority at the Ministry, Riyadh Jassim Kazim, said in a statement to the official newspaper that “the technical designs for the project will be completed soon, as work is proceeding according to well-studied plans, with the completion of the initial designs and the addition of some modifications to ensure the project is implemented in the best possible way.”  

He explained that “the development road will transform Iraq into a pivotal commercial center linking the East and the West through advanced industrial cities extending from Al-Faw to the Turkish border,” noting that Al-Faw city will include giant industrial projects including petrochemical plants, power stations, water desalination and liquefied gas facilities, in addition to residential and tourism projects, which will contribute to stimulating trade exchange and creating more than one million job opportunities.  

Kazem also stressed that the project will contribute to reducing the time it takes to transport goods from China to Europe to less than 22 days, which will enhance Iraq’s position as a global logistics center.  

He pointed out that the preparation of the project’s designs faced some obstacles, such as conflicts on the road’s path with agricultural and economic projects, but coordination was made with local governments and those conflicts were removed, which allowed the preparation of the final technical designs for the project.  
He concluded by saying that “the development road will be a fundamental pillar in diversifying the Iraqi economy and reducing dependence on oil, so that Iraq becomes a pivotal part of the international trade map, benefiting from its modern infrastructure and its ability to connect continents.”

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AL-ATWANI: BUDGET TABLES WILL REACH PARLIAMENT IN MID-MARCH

The head of the parliamentary finance committee, MP Atwan Al-Atwani, expected the budget tables to reach parliament in mid-March, while indicating that there is a discussion about contract employees who deserve to be appointed.

Al-Atwani told the “Under Two Lines” program, which is broadcast on Al-Iraqiya News, followed by the Iraqi News Agency (INA), that “the financial and economic situation in the country is good,” indicating that “the oil countries are experiencing a state of constant anxiety about falling prices.”

He added: “We must search for alternatives and solutions to the single economy,” stressing that “we are constantly searching for solutions to avoid oil price concerns.”

He pointed out that “electricity revenues are 3.5 trillion dinars, while what has actually been achieved is 400 billion dinars.”

Regarding the budget, Al-Atwani explained that “the budget tables will reach parliament in mid-March,” noting that “the budget amendment was in Article 12 regarding the costs of transporting and extracting the region’s oil.”

He pointed out that “the government will make some changes to the budget schedules,” stressing that “the budget has stopped appointments, staff, contracts and wages.” He explained that “there is a discussion about contract employees who deserve to be permanent,” noting that “the State Council has approved that appointment is different from being permanent on the staff.” He continued: “Article 14 of the budget regarding stopping appointments must be reviewed.”

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

                                             Just 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

February 27, 2025 Edition of Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

February 27, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some WOW! WOW! WOW! news for you today.

Danka, Mnt Goat

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.

You have to realize that in Iraq it is an uphill battle to overcome the entities that do not want Iraq to progress and mover forward. We have witnessed this constantly now since we got into this investment. I have presented so much evidence to you to show you what is really going on behind the scenes in Iraq and now actually coming out in the open. Remember the prophets told us that everything will be exposed and so it is. But with exposer, justice is also coming.

I recommend $10 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news, 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…. Enough said….. The future of the Newsletter depends upon all of you.

 Let’s all try to chip in!

Matthew 10:42

And if anyone gives even a cup of cold water to one of these little ones who is my disciple, truly I tell you, that person will certainly not lose their reward.”

_______________________________________________

STATUS OF THE RV

Can you believe that February is gone, and we are moving on to the month of March already. What will March bring us? Remember the 2025 budget has not yet been opened. Remember what the CBI told us. They told way back in 2011-2012 that the beginning of the new fiscal year for Iraq is the most opportune time to make any significant rate change in the dinar. They also said that this opportunity will become much more difficult once the budget is opened. The 2025 budget is NOT yet opened as the budget tables that outline the distribution of the money to the provinces for the projects still sits in the council of ministers. It still has yet to be passed on to parliament and discussed, then passed. If we use our common sense this is a no-brainer to understand why the CBI told us this. You might want to take a peek at the article in today’s news titled “MP CALLS ON GOVERNMENT TO COMPLETE BUDGET SCHEDULES AND SEND THEM TO PARLIAMENT” Representative Faisal Al-Naili called on the government, today, Thursday, to expedite the completion of the budget tables and send them to the House of Representatives for approval, stressing the need to include all financial allocations in the 2025 budget to avoid any delay in its approval.

Also, in today’s news and from news of what my contact is telling me from Iraq is we can now begin to see the immediate short-term U.S. foreign policy towards Iraq from the new president Trump administration. What we can’t yet determine is the long-term vision for the country by this administration. However again using our common sense we know that president Trump is also a business man and knows the economic and financial potential in Iraq. Both for the Iraqis and for the American businesses.

But what is true and what we do know for certain is that the future vision for Iraq WILL NOT include Iran as under the influence of the current supreme leader Ali Hosseini Khamenei. Sure they will always be trading partners and cross border for holy pilgrimages but this is different.

I was told that first this terrorist crisis and the threat of nuclear weapons of Iran must be taken care of. This crisis with Iran will ONLY end with the fall of Ali Hosseini Khamenei and his regime in Iran. As you may already know he is the cleric and politician who has served as the second supreme leader of Iran since 1989.

Ali Hosseini Khamenei, now 85 years old

Born in 1939 he is now 85 years old. How much longer will he live? He has bought more harm and suffering to Iran and to the middle east than he has good. He has used the treasures and oil wealth of his country to build up a global network of terrorist organizations. He uses tyranny and force rather than peace to help his nation. Remember what God has told us through his prophets? He said that he will deal with these types of leaders and take them one by one. They will have no place in the “golden age” that is upon us. So, I am optimistic that his time of rule has come to an end. This could very well be the breakthrough the middle east has been looking for. When this happens, it could be the seed of peace for the middle east that will grow deeper. This will also progress to what we are looking for. But we must be patient. The prophets told us that the middle east will prosper again and so he is not a liar.

Let’s get to the main article of today:

☹ I classify this news as actually good news. Why? First take a look at the article titled “FINAL WARNING AND “IMMEDIATE IMPLEMENTATION”.. WASHINGTON DRAWS RED LINES FOR BAGHDAD: NO MORE LENIENCY“. In light of the rapid changes witnessed by US policy towards the Middle East, the call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio came to redraw the features of the relationship between Baghdad and Washington according to a more stringent equation. The call carried clear messages, not just diplomatic recommendations but rather binding commitments that Baghdad had previously pledged but without real implementation.

What is the U.S. looking for from Iraq? Are they talking about implementing the RV now or something else? I have to ask everyone reading this that if you think for one second that they are talking about forcing Iraq to RV than you need to go see a good shrink and get your head examined. Oh… but there are some intel gurus out there telling their listeners this exact story. Shame, shame and shame again on them! Yes, I do mean Frank26, BIG Call Bruce and TNT Tony idiots.

So this article is all about the short-term policy of the U.S. and the crisis with Iran. The U.S. is finally putting its foot down and telling Iraq that they have had enough time already to comply to certain mandates put upon them when it comes to Iran. But the Biden administraition has been too lenient. There is no more fooling around under the Trump administration. The Trump administration is very serious and, as we know, President Trump means what he says.

So, what are the issues? I will address them below. But we all should know by now what they are even before we read the article. We have read multiple other articles on these issues before.

1.Movement of the dollar: Baghdad fails to control smuggling and money laundering. We already should all be aware of this situation with the black market, as this is also the main concern of the CBI and they are dealing with it.

2.Iraq’s continued economic dealings with Iran, especially with regard to oil, gas and financial transactions, constitute a direct violation of American sanctions. 

3.Loose guns: Weapons outside the authority of the state: a possible confrontation? The issue of loose weapons was present in the call between Al-Sudani and Rubio, as Washington stressed the need to dismantle the armed groups that carried out attacks on American facilities over the past years. “Washington views the groups that have carried out 170 attacks on US facilities in Iraq and Syria as a direct threat to its national security,” If al-Sudani does not act to rein in these groups, the United States may take unilateral steps that include targeting these groups militarily or imposing direct sanctions on their leaders.” These are of course the Iranian Kud forces that came into Iraq in 2014 to help fight ISIS and never left. Dissolving the armed militias or integrating them into the regular security forces would remove Iran’s main source of influence inside Iraq. Their leverage would be gone. Donald Trump administration is considering imposing new sanctions on Iraq unless these Popular Mobilization Forces of Iran are disarmed. The article recalled Al-Sudani’s recent visit to Tehran, saying that “relations with Tehran are more controversial than ever,” as Al-Sudani received harsh criticism from Supreme Leader Ali Khamenei, who called for preserving and strengthening the Popular Mobilization Forces and expelling all American forces, and described the recent change of power in Syria as the work of “foreign governments. This last statement says exactly why these forces entered Iraq in the first place and never intended to leave after ISIS was gone.

Al-Sudani faces a real test: either take bold decisions that sever Iraq’s ties with regional issues that bother Washington, or face unprecedented economic and security pressures.” While Baghdad seeks to maintain balanced relations with everyone, it seems that the Trump administration does not recognize the “middle ground” policy, but rather imposes a “with or against” policy, which puts the Iraqi government before critical decisions in the coming period.

So, knowing all this do you really believe that the U.S. is going to sign-off on the reinstatement today or next week or any time soon? My disbelief is this, how can anyone and I mean anyone (intel guru) in their right frame of mind tell their listeners that the RV is going to happen tomorrow or this weekend or ??. What fantasy world are they living in? I don’t mean to sound like a downer, but I also have to be real with my blog readers too.

I told you there was a good part to this story today and in fact “WOW!” news. The wow news is that finally after four years of “do nothing” under Biden to help Iraq, the U.S. is finally now stepping in under this new administration. It does have a bright vision for Iraq but first they must overcome this Iranian influence. The US policy clearly dictates that Iraq will NOT be a puppet state of Iran, as it has evolved to over the Obama and Biden administrations. Too many US dollars going to Iran still to circumvent the US sanctions even after all the measures the CBI has taken to limit them. What else can Iraq do?

😊In line with this last article we have to connect the dots with other articles from today’s news to get the full present-day picture of what is going on. There are three more on this subject matter. They are titled:

IT WILL NOT BE ON THE “LOSING TEAM”.. IRAQ MOVES TO THE POST-IRAN PHASE” and

US PRESSURES BAGHDAD: IRAQI FM REVEALS DETAILS” and

RUSSIA-UKRAINE WAR ENDS: WILL IRAQ PAY THE PRICE FOR TRUMP’S FOCUS ON IRAN?“.

If I were you I would spend a few minutes are read carefully these other three articles. You will get a very good sense of where this is all going. This news can also very good news for us because finally we may see Iraq getting serious about moving away from being a puppet state status of Iran. Remember the money laundering to Iran has to stop. This could help in this matter.

The articles tell us that Iraq is facing to get out of the “Iranian orbit” and the “axis of resistance”, which took Iran years to build in order to expand its influence deep into the Arab world, but it is rapidly shrinking and could collapse overnight. So, you see folks, things could happen quickly. In weeks, maybe months but certainly not years. The Iranian axis of resistance has deteriorated during the past year from its formal rise to a stage of final decline, as Israel struck two of its main members, Hamas and Hezbollah, the regime of Bashar al-Assad fell, and the Lebanese parliament elected a new president and a new prime minister, who are not on friendly terms with Iran. The report in the article stated that until recently, Iran boasted that it controlled four Arab capitals: Damascus, Beirut, Sanaa, and Baghdad, but now the first two have slipped away, while the third is still under the control of the Houthis, who are still loyal to Tehran. But what about the fourth, Baghdad?

Can the Iraqi’s overcome the Iranian influence. Will they have to wait until the next elections to do so? We all experienced their elections and how cumbersome and long they can be. But let’s just see what happens. At least there is finally pressure from the US and plans are in place now to end this Iranian influence once and for all. A reminder that Iraq will hold elections in October 2025, and that if enough Iraqis reject pro-Tehran parties at the ballot box, as most did in 2021, there will be an opportunity for al-Sudani, or whoever may succeed him, to form a government that makes an extra effort to assert Iraqi sovereignty and finally Baghdad my free itself of Iranian dominance.

What else is in the news?

😊Yes, there is some good news too to share. There is yet another measure taken to block the dollars from getting into the hands of Iran. Please read article titled “TRADE BANK OF IRAQ STOPS CASH WITHDRAWALS VIA ATMS OUTSIDE IRAQ“. The Trade Bank of Iraq announced today, Wednesday, the suspension of cash withdrawals via automated teller machines (ATM) using electronic cards (Visa and MasterCard) outside Iraq, as part of preventive measures to avoid security risks associated with the misuse of these cards. This is yet another temporary move to dry up the paper CASH of dollars from getting in the hands of the parallel black market and then into the hands Iran via these ATMS withdrawals of dollars from outside Iraq by these bank cards. Remember that ATMS inside Iraq DO NOT dispense US dollar only dinars. Yes, they will find any way they can to get dollars to Iran. Its all good!

😊We must keep in mind that even though the issues with Iran and cutting off Iraq from Iranian influence, the CBI keeps moving ahead with the needed banking reforms. This process does not stop. This next set of articles are essential for the Iraqi banking system to be fully integrated with the world banking systems by means of electronic payments and transfers. We witnessed late last year the correspondent bank effort for replacement of the currency auctions. At that time Iraq was limited in the number of banks for this effort. With this news today it will enable Iraq to correspond with yet more international banks doing business with Iraqi trade imports. Wouldn’t Iraq want this to be successful if they are going to use the dinar someday from trade and reinstate their currency? It’s all connected. But they tell us the inclusion rate is still only 40% butmuch better than last year in late December. So, there is more work to be done in this area. The title of the articles on this subject matter are “CENTRAL BANK: ACHIEVED INTERNATIONAL INTEGRATION BY LINKING THE IRAQI ELECTRONIC PAYMENT SYSTEM TO GLOBAL NETWORKS” and “CENTRAL BANK GOVERNOR INAUGURATES THE 9TH FINANCE AND BANKING CONFERENCE” Both are good reads but basically talk about the same thing. I quote from the articles “The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that the financial inclusion rate has risen to more than 40%, noting that the bank has achieved international integration by linking the Iraqi electronic payment system to global networks. Al-Alaq said in a speech during the ninth annual exhibition and conference for finance and banking services in Iraq, “There is a complete roadmap for digitizing banking services through electronic payment as a main tool for digital transformation”.

😊 Next we hear news that Iraq is working on yet another measure to curb the corruption with the dollar and stop the illegal transfers to Iran. The article is titled “ALI AL-ALAQ: WE ARE WORKING ON CREATING A DIGITAL CURRENCY FOR THE CENTRAL BANK TO GRADUALLY REPLACE PAPER CURRENCY‘. I have to say this is a “WOW!” article because this effort may also force the recall of our dinars that we hold. In other words we are allowed to exchange them at the RV rate once the digital currency is issued. If the CBI can pull this off, the RV might happen much, much sooner than we expect. Think about the advantages – there is no cost of currency to print and they could issue the newer lower denominations safely and without controversy. The CBI in a country like Iraq, needs to fully track where all the money is going. This would allow this to happen. Remember that the CBI told us a few years ago that they DO NOT intend to every go to the global Centralized “CBDC”. I certainly hope this is still the case. Instead, it seems in the article they tell us and I quote from the article – “The Governor of the Central Bank, Ali Al-Alaq, revealed today, Wednesday (February 26, 2025), the creation of a digital currency specific to the Central Bank to gradually replace paper currency. The key word here is “gradually” and “specific” to the Central Bank of Iraq. The Al-Alaq goes on to say “The financial and banking system will witness fundamental transformations, including the decline of paper currencies to be replaced by digital payments for central banks.”

I encourage everyone to continue our prayers. These are the prayers that God wants to hear. He needs to know your concerns and wants to help.  Remember we don’t know how this is all going to turn out but we do know it will. Be patient and let God do His work in the middle east.

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

All I can say about this prophecy of today is WOW! This is actually already begun.

“Global Changes Are Coming”.

Prophecy begins at the 22:44 mark.  First one from Feb 22nd.    

SHOCK & AWE

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PROPHECIES FULFILLED: How do we gauge the prophecies? Are they really a voice from God? So at time we step back and analyze what happened and compare to the prophetic words spoken.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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EXPLAINED: TRUMP’S WILD PLAN FOR GAZA

Has President Trump finally gone over the top?

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THE NEW FBI DIRECTOR HUNTS DOWN THE JAMES COMEY PRIVATE SPIE RING

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WHAT OUR FOUNDING FATHER TOLD US FROM LESSON LEARNED. ARE WE IGNORING THESE LESSONS?

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“THE TRUTH MUST BE TOLD—RIGHT NOW ABOUT DEI.

What was it really all about?

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WHY THE BIDEN FAMILY IS FACING JUSTICE RIGHT IN FRONT OF OUR EYES

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EU LEADERS UNDER PRESSURE AFTER €132 MILLION EUROS SLUSH FUND FOUND

Oh… this corruption is global? Of course we knew this since we were told by the prophets this would be exposed too. And so it is….

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GERMANS SIMPLY WANT ‘THEIR COUNTRY BACK’

If Germany leaves the EU so goes the EU. It will fall apart. Germany has been the backbone of the EU. So this a good idea or a bad idea? Listen to this broadcast today and you decide. Personally, living in Germany I believe it would be a wonderful thing to happen. It can’t happen soon enough.

 ‘FEARMONGERING’ DEMOCRATS OVER DOGE EFFORTS

What are the afraid will be exposed. In today’s Julie Green prophecy God tells us that DOGE has just begun to dig into the corruption and what will come next will amaze you and sicken you what they have been doing to America.

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REALLY NOW, IS THERE GOLD MISSING AT FORT KNOX?    

Let’s explore this further. If we are not careful and go back to a Gold Standard and the gold at Fort Knox and elsewhere is not up to records our currency could be in big trouble. Let’s hear yet another perspective today on why an audit might be a very good idea.

We do not know yet if any Gold is actually missing. So, let’s set this straight right now. This is what the audit is for.

It’s what you don’t know that will hurt you.

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WILL TRUMP BE ABLE TO NEGOTIATE MINERAL UKRAINE MINERAL DEAL TO BE SECURED BY TRUMP

Everyone should understand why president Trump is doing this. Does he just see an opportunity?  So, we must be informed and know the TRUTH. Here is the TRUTH:

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CONGRESSIONAL REPRESENTATIVE JIM JORDAN CALLS OUT BIDEN-ERA NAZI FACIST-LIKE DOJ

GOP LAWMAKER UNVEILS BILL TO DEFUND LEFT-WING ‘PROPAGANDA’

AG PAM BONDI ALARMED:  STATE OF DOJ: ‘WORSE THAN I THOUGHT’

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STACY ABRAMS JUST GOT EXPOSED

Another crooked politician trying to use a government office for her activism movement and personal gain. Now they are being exposed. Another one bites the dust!

Stacy Abrams, a career politician. Her education was funded by Barrack Obama and other covert groups. She is an activist not a dedicated politician serving the public. Its time she is called out for who she really is.

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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RUSSIA-UKRAINE WAR ENDS: WILL IRAQ PAY THE PRICE FOR TRUMP’S FOCUS ON IRAN?

The world is awaiting developments in the Russia-Ukraine war, with expectations that it will soon end. This highlights potential impacts on Iraq in light of American trends under the leadership of President Donald Trump.

Analysts believe that Trump seeks to end major international conflicts, including this war, in order to direct his focus towards the Iranian nuclear and regional file.

This trend is considered a strategic shift that may put Iraq in a new circle of pressure, especially with its close economic and political relations with Tehran. How will Baghdad be affected by this scenario?

Experts expect Trump to pressure Iraq to reduce its dealings with Iran, linking this to possible sanctions if Iranian influence in the country remains unchanged. Estimates indicate that the United States may use economic and military tools to achieve this goal, taking advantage of the stability of the situation in Ukraine to devote its efforts to the Iranian file.

It seems that the pro-Iranian factions in Iraq will not be immune to these plans, as they may be subjected to direct or indirect pressure to limit their activity.

This analysis confirms that Trump aims to arrange international priorities to ensure stronger American hegemony in the Middle East.

Oil prices have recently stabilized at levels ranging between $70 and $75 per barrel, with investors attributing this to cautious optimism that the war between Russia and Ukraine will end.

Observers link this stability to Trump’s plans to resume oil exports from Iraqi Kurdistan fields, which have been halted since March 2023 due to legal disputes with the federal government in Baghdad.

The move is seen as part of a US strategy to consolidate oil resources under its control, which could be used as an economic pressure tool on Iran. This is supported by statements by former US officials who have referred to Trump’s intention to control Kurdistan’s oil as an “easy” step to strangle Tehran.

Economists warn that an end to the Russian-Ukrainian war could lead to a 15-20% drop in oil prices, as a result of the return of full Russian supplies to global markets. This directly affects Iraq, which relies on oil for more than 90% of its public revenues, with revenues amounting to about $130 billion in 2022 when prices were high.

Analysts believe that the decline in prices will weaken the Iraqi economy, making the country more vulnerable to US pressure to change its policies towards Iran. The question here is: Will Baghdad be able to strike a balance between its national interests and Washington’s demands?

Observers believe that Trump plans to resolve the Iranian nuclear issue, whether through tough negotiations or military options such as bombing, after the situation in Ukraine stabilizes. This is evident in his previous statements during his 2024 election campaign, where he promised to “end the wars” to focus on “the major threats.” This escalation is likely to include targeting Iran’s allies in the region, including Iraq, where the Popular Mobilization Forces and other armed factions are active. This suggests that Iraq may find itself facing a difficult equation: either comply with Trump or face severe economic and political consequences.

Trump appears to be adopting a pragmatic approach that combines military decisiveness with economic pressure to achieve his goals. His history of dealing with Iran, such as the assassination of Qassem Soleimani in 2020, shows his willingness to take bold risks. This confirms that Iraq could become an arena for indirect conflict, where Washington will try to isolate it from Tehran at all costs. However, Trump may face internal challenges in Iraq, where the Popular Mobilization Forces have strong popular and political support, which could complicate his plans.

Iraq’s ability to balance between Iran and the United States remains a crucial factor in the country’s stability in the coming period.

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FINAL WARNING AND “IMMEDIATE IMPLEMENTATION”.. WASHINGTON DRAWS RED LINES FOR BAGHDAD: NO MORE LENIENCY

In light of the rapid changes witnessed by US policy towards the Middle East, the call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio came to redraw the features of the relationship between Baghdad and Washington according to a more stringent equation.

The call carried clear messages, not just diplomatic recommendations but rather binding commitments that Baghdad had previously pledged but without real implementation.

IMPLEMENT IMMEDIATELY

According to Washington-based politician Nizar Haidar, this call reflects a shift in the US administration’s approach, as there is no longer room for leniency as was the case under former President Joe Biden, but rather strict expectations from President Donald Trump to implement obligations immediately, especially with regard to sanctions imposed on Iran and control of arms outside the state’s authority. Can Iraq maneuver, or will US pressure force decisive decisions in the coming period?

WASHINGTON DECIDES ITS POSITION: NO MORE COMPROMISE

Nizar Haidar explained in his interview with Baghdad Today that “what the US Secretary of State conveyed to Al-Sudani were not just diplomatic messages, but rather a final timetable for implementing Iraq’s obligations, especially in the files of sanctions on Iran and restricting weapons to the state.”

He stressed that the Biden administration had shown flexibility in dealing with Iraq due to its preoccupation with the wars in Ukraine and Gaza, but the Trump administration is adopting a different approach. He added: “If President Trump does not compliment his closest allies such as Canada and Europe, how can Al-Sudani and the leaders of the Coordination Framework expect him to be lenient on Iraq’s obligations?”

According to American sources, the Trump administration believes that Iraq’s continued economic dealings with Iran, especially with regard to oil, gas and financial transactions, constitute a direct violation of American sanctions. Therefore, the US Secretary of State was firm in his demand that Al-Sudani immediately commit to these commitments, and rejected any proposal for a new timetable.

Iraq between the hammer of sanctions and the anvil of national security

American political analyst Michael Rubin believes that the US administration will not be satisfied with diplomatic demands, but will resort to additional means of pressure if Iraq continues to procrastinate. Speaking to the Washington Post, Rubin indicated that “sanctions on the movement of the dollar and oil will directly affect the Iraqi economy, and if Baghdad fails to control smuggling and money laundering, Iraq may find itself in a critical economic situation in the coming months.”

Nizar Haidar stressed that “the Trump administration will not hesitate to impose individual sanctions on Iraqi officials if they are found to be facilitating the violation of sanctions on Iran,” noting that Congress is already discussing proposals to tighten oversight of financial aid provided to Iraq, which amounted to $12 billion over the past decade.

WEAPONS OUTSIDE THE AUTHORITY OF THE STATE: A POSSIBLE CONFRONTATION?

In addition to the economic file, the issue of loose weapons was present in the call between Al-Sudani and Rubio, as Washington stressed the need to dismantle the armed groups that carried out attacks on American facilities over the past years.

“Washington views the groups that have carried out 170 attacks on US facilities in Iraq and Syria as a direct threat to its national security,” says John Alterman, a security researcher at the Washington Institute. “If al-Sudani does not act to rein in these groups, the United States may take unilateral steps that include targeting these groups militarily or imposing direct sanctions on their leaders.”

This position seems to be in line with efforts within Congress to enact a new law that could place some Iraqi entities and figures on the terrorism list, which could lead to a dangerous escalation in the relationship between Baghdad and Washington, according to observers.

BETWEEN PRESSURE AND BALANCE: IRAQ’S DIFFICULT CHOICES

In light of these developments, Iraq finds itself facing a difficult equation: fully adhering to American conditions may drag it into an internal crisis with some political forces allied with Iran, while ignoring these pressures may expose it to harsh sanctions that will affect its economy and security.

Iraqi political analyst Ihsan Al-Shammari said in a press interview that “Al-Sudani faces a real test: either take bold decisions that sever Iraq’s ties with regional issues that bother Washington, or face unprecedented economic and security pressures.”

While Baghdad seeks to maintain balanced relations with everyone, it seems that the Trump administration does not recognize the “middle ground” policy, but rather imposes a “with or against” policy, which puts the Iraqi government before critical decisions in the coming period.

IS IRAQ BETTING ON TIME?

It seems that the recent contact between Al-Sudani and Rubio was not just a diplomatic conversation, but rather a final warning from Washington to adhere to previous agreements. Iraq today is not only facing political obligations, but also a complex regional equation that may force it to make quick decisions with ill-considered consequences.

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US PRESSURES BAGHDAD: IRAQI FM REVEALS DETAILS

On Thursday, Iraqi Foreign Minister Fouad Hussein revealed several critical developments concerning Iraq’s internal and external affairs, including armed factions, US pressures, relations with Syria, and Israeli threats.

In an interview with Al-Hadath TV, Hussein said the United States had presented Iraq with issues related to increasing pressure on Iran. However, he emphasized that “Baghdad seeks to maintain a balance in its relations between Washington and Tehran.”

Hussein also mentioned that Washington had raised the possibility of halting gas imports from Iran. Despite this, he expressed hope that strategic dialogue with the new US administration would continue, noting there were “no concerns” in dealing with it.

Armed Factions Issue

Hussein revealed that the US had sent unofficial messages regarding the status of armed factions in Iraq. He highlighted that “Israeli threats of an attack inside Iraq are still ongoing,” adding that “the timing for the withdrawal of US troops from Iraq has not changed.”

On the issue of disarming factions, Hussein stated that it was a matter requiring internal discussion, noting that “these armed groups do not pose a threat to the presence of coalition forces.”

He also warned of the “dangers of ISIS,” pointing out “suspicious movements by the terrorist group that raise concerns within the government.”

Syrian Relations

Concerning Iraq’s stance on Syria, Hussein confirmed that Iraq’s position towards the new Syrian administration was not influenced by Iran.

“However, there are different viewpoints from various political factions,” he said.

Hussein also highlighted that Iraq, like any other nation, has diverse opinions on global matters, “especially regarding the Syrian issue,” adding that Iraq would “invite Syrian President Ahmed al-Sharaa to attend the Arab summit in Baghdad.”

In response to regional security concerns, Iraq deployed armored military forces along the border from Al-Qaim in the western part of the country to the Jordanian border, following the fall of former Syrian President Bashar al-Assad in December.

Despite ongoing debates, the withdrawal of US and international coalition forces from Iraq remains a contentious issue, despite discussions that began with Washington over two years ago.

Moreover, the close ties between the current Iraqi government and Tehran continue to be a source of friction with the United States, despite Baghdad’s repeated assurances of its commitment to maintaining a balanced foreign policy and enhancing communication with Washington.

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IRAQ DISCUSSES WITH THE INTERNATIONAL MONETARY FUND CONTROLLING EXPENDITURES AND THE 2024 BUDGET

The Iraqi Minister of Finance, Taif Sami, discussed with the International Monetary Fund, financial and banking reforms to support the Iraqi economy, during the periodic meetings held in the Jordanian capital, Amman.

The Iraqi Ministry of Finance said in a statement issued today, Wednesday, and received by Shafak News Agency, that the discussions focused on implementing the 2024 budget, with a review of the mechanisms for controlling expenditures and enhancing the efficiency of distributing financial resources, in line with the state’s economic goals. 

The two parties also discussed, according to the statement, ways to improve public finances by supporting investment and directing social spending towards vital sectors, in addition to enhancing non-oil revenues and reducing dependence on oil revenues.

The meetings also included discussing banking reforms, stressing the importance of updating financial systems to keep pace with global economic changes. 

It also reviewed the economic forecast for 2025 and potential strategies to increase non-oil revenues, including developing the tax system and implementing a unified accounting system.

During the meetings, Sami stressed that these meetings come within the framework of the Ministry’s efforts to enhance financial stability and achieve structural reforms that support the national economy, noting the importance of coordination with international partners and considering cooperation with the International Monetary Fund as a fundamental pillar in developing financial policies to confront current challenges.

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CENTRAL BANK: ACHIEVED INTERNATIONAL INTEGRATION BY LINKING THE IRAQI ELECTRONIC PAYMENT SYSTEM TO GLOBAL NETWORKS

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that the financial inclusion rate has risen to more than 40  % , noting that the bank has achieved international integration by linking the Iraqi electronic payment system to global networks.

Al-Alaq said in a speech during the ninth annual exhibition and conference for finance and banking services in Iraq, “There is a complete roadmap for digitizing banking services through electronic payment as a main tool for digital transformation, as the number of devices has reached 63 thousand devices in the governorates of Iraq,” according to what was reported by the official news agency.

He added, “The number of electronic teller machines has reached more than 4,000 machines and the number of bank cards is about 17 million cards,” indicating that “the Central Bank supported the licensing and operation of electronic wallets via mobile phone that allow charging, transferring and paying bills, which raised the rate of financial inclusion to more than 40  % compared to 20% three years ago

He pointed out that “the number of permanent wallets reached 1.2 million wallets, and we achieved international integration by linking the Iraqi electronic payment system to global payment networks, which allows the transformation of accepting foreign cards locally and expanding the acceptance of Iraqi cards internationally,” adding that “the achievements made in the field of information technology and electronic payments in the Central Bank represent a fundamental shift in the financial system.”

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CENTRAL BANK GOVERNOR INAUGURATES THE 9TH FINANCE AND BANKING CONFERENCE

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, inaugurated the 9th Finance and Banking Services Exhibition and Conference, in which a number of banks and payment companies operating in Iraq participated.
During his speech, His Excellency the Governor stressed that the current stage is witnessing a significant development in the electronic payment system by increasing the number of ATMs and credit wallets, noting that the support provided by the Central Bank has helped raise the financial inclusion rate in Iraq to 40% after it was 20% about two years ago.

The Governor pointed out that Iraqi banks are witnessing qualitative transformations in their banking operations today, especially with regard to financial transfers of different currencies by adopting approved global systems and programs that help them in these advanced transformations in financial services.

In his speech, he outlined the features of future banks that will transform from traditional entities to smart digital platforms and issue digital financial identities that facilitate financial transactions without the need for banks.

He added that the financial and banking system will witness the decline of paper currencies to be replaced by digital payments for central banks, and that the Central Bank is moving to create its own digital currency to gradually replace the paper rocesss as is happening in some central banks in the world, indicating work to establish a data center in Iraq similar to the major centers in the world, as it is an indispensable part of the digital economy and a basis for artificial intelligence, applications, big data analysis and the Internet, and that the Central Bank of Iraq has begun steps in this direction, calling for the formulation of a comprehensive Iraqi vision for digital transformation.

Central Bank of Iraq
Media Office
February 26, 2025

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ALI AL-ALAQ: WE ARE WORKING ON CREATING A DIGITAL CURRENCY FOR THE CENTRAL BANK TO GRADUALLY REPLACE PAPER CURRENCY

The Governor of the Central Bank, Ali Al-Alaq, revealed today, Wednesday (February 26, 2025), the creation of a digital currency specific to the Central Bank to gradually replace paper currency.

(The key word here is “gradually”)

Al-Alaq said in a press conference followed by “Baghdad Today”, “The financial and banking system will witness fundamental transformations, including the decline of paper currencies to be replaced by digital payments for central banks.”

He added, “The Central Bank is moving to create a digital currency of its own to gradually replace paper currency, as is happening in some central banks in the world.”

Al-Alaq confirmed that “we are seriously considering establishing a data center in Iraq, and the bank has begun to move in this regard as part of the digital transformation steps.”

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IRAQI PM SEEKS ‘NEW PAGE’ WITH OIL COMPANIES OPERATING IN KURDISTAN

Iraq’s Prime Minister Mohammed Shia’ al-Sudani said on Wednesday that Baghdad wants to open a “new page” with the international oil companies operating in the Kurdistan Region as the two-year suspension of Erbil’s oil exports appears to come to an end soon. 

The Iraqi government and the Kurdistan Regional Government (KRG) on Sunday struck an agreement with Baghdad to restart the Kurdistan Region’s long-anticipated oil exports after the Iraqi government confirmed the completion of procedures. This came after the federal parliament approved an amendment to the budget law, increasing the fee of oil companies operating in the Kurdish region. 

“After passing the amendment to the budget law, we now look forward to completing the procedures for exporting crude oil to the port of Ceyhan and opening a new page with companies operating in the region, which contributes to building the Iraqi economy and doing justice to citizens in the Kurdistan region by ensuring they receive all their rights in terms of salaries and entitlements,” Sudani said in a video message directed to Erbil Forum in Erbil on Wednesday.

The three-day event is organized by Rudaw Media Network. 

Oil exports from the Kurdistan Region through the Iraq-Turkey pipeline were suspended in March 2023 after a Paris-based arbitration court ruled in favor of Baghdad against Ankara, saying the latter had violated a 1973 pipeline agreement by allowing Erbil to begin independent oil exports in 2014. 

Before the suspension, Erbil was exporting approximately 400,000 barrels of oil per day via the Iraq-Turkey pipeline, in addition to around 75,000 barrels of oil from Kirkuk.

Sudani also said that his cabinet has “worked to find sustainable solutions to what were called the outstanding issues between Baghdad and Erbil, and we have transformed them into future opportunities for cooperation and integration,” noting that they have “managed to remove these issues from their political framework to their legal context.”

Sudani emphasized Iraq’s commitment to expanding economic partnerships and leveraging international expertise to strengthen the national economy. 

“Iraq’s openness at both regional and international levels is part of our ongoing approach,” he stated, highlighting that cooperation is not confined to any single entity but extends to all global partners. 

As part of this strategy, Sudani underscored the importance of the Development Road project, designed to serve as an economic, cultural, and social bridge linking Asia to Europe, facilitating trade and sustainable development.

The Development Road project is being advertised as something that will reshape Iraq’s economy, but it has been a source of friction between Baghdad and the KRG, which has been unhappy that no Kurdistan Region highways or rail links are included in the main corridor and is worried it will not benefit economically.

The project has Erbil’s “complete support,” Kurdistan Region President Nechirvan Barzani said in Baghdad on Saturday, despite objections that it bypasses the Kurdistan Region.

Sudani also touched on the developments in the Middle East, saying the region is going through “major transformations unlike any we have witnessed in decades.”

He added that Gaza and Lebanon, which have been devastated by Israel’s war with pro-Iran armed groups, “have experienced a harsh war waged by the occupation forces of the usurping entity, targeting all aspects of life.”

Iraq has been a staunch supporter of Gaza and Lebanon but has tried to avoid being dragged into the conflict. 

“We have worked hard to spare Iraq from the fire of this war, in addition to being keen to support our brothers in Lebanon and Palestine with aid and advocacy in all forums we attended, calling for the necessity of ending the war,” Sudani said.

He noted that Iraq also is in favor of restoring security and stability in neighboring Syria, adding that they believe in the “unity of destiny and the necessity of strengthening Arab and regional solidarity.

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TRADE BANK OF IRAQ STOPS CASH WITHDRAWALS VIA ATMS OUTSIDE IRAQ

(This is yet another temporary move to dry up the paper CASH of dollars from getting in the hands of the parallel black market and then into the hands Iran via these ATMS withdrawals of dollars from outside Iraq by these bank cards. Remember that ATMS inside Iraq DO NOT dispense US dollar only dinars. Yes, they will find anyway they can to get dollars to Iran.)

The Trade Bank of Iraq announced today, Wednesday, the suspension of cash withdrawals via automated teller machines (ATM) using electronic cards (Visa and MasterCard) outside Iraq, as part of preventive measures to avoid security risks associated with the misuse of these cards.

The bank explained, in a statement received by {Al Furat News} a copy of it, that: “The decision only includes cash withdrawals from ATMs outside Iraq, while users can continue to use cards to pay via POS devices or in electronic transactions on the Internet.”

The bank pointed out that “this measure comes out of concern for protecting customers’ money from any security threats that may result from misuse of cards in some areas.”

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IT WILL NOT BE ON THE “LOSING TEAM”.. IRAQ MOVES TO THE POST-IRAN PHASE

 An American report shed light on the attempts that Iraq is facing to get out of the “Iranian orbit” and the “axis of resistance”, which took Iran years to build in order to expand its influence deep into the Arab world, but it is rapidly shrinking and could collapse overnight.

A report by the American magazine “The Atlantic”, translated by Shafaq News Agency, explained that “the axis of resistance has deteriorated during the past year from its formal rise to a stage of final decline, as Israel struck two of its main members, Hamas and Hezbollah, the regime of Bashar al-Assad fell, and the Lebanese parliament elected a new president and a new prime minister, who are not on friendly terms with the axis.”

The report stated that until recently, Iran boasted that it controlled four Arab capitals: Damascus, Beirut, Sanaa, and Baghdad, but now the first two have slipped away, while the third is still under the control of the Houthis, who are still loyal to Tehran. But what about the fourth, Baghdad?

(Baghdad is soon to fall also and they we might have a real chance of seeing this RV process continue.)

ABSOLUTE CONTROL

In this regard, the American report saw that the degree of Tehran’s control over Baghdad is always changing, as the Iraqi parties loyal to Tehran cannot form a government on their own, and are forced to form coalitions with other parties, including those dominated by the Kurds and Sunnis, who have limited ideological ties to the “axis”, adding that even among the Shiites, the pro-Tehran position has become a matter of intense controversy, especially after the balance of power in the region shifted away from Iran.

He pointed out that the forces loyal to Iran organized violent clashes in the streets, and were able to obstruct this through religious and parliamentary maneuvers, so Muhammad Shia al-Sudani took over as prime minister in October 2022, which was described as an “Iranian victory,” for reasons including that the prime minister who replaced al-Sudani was Mustafa al-Kadhimi, whom the report described as the first non-Islamic ruler of Iraq since the fall of Saddam Hussein, and that al-Kadhimi had restored Iraqi relations with Sunni powers such as Saudi Arabia, Egypt and Jordan, and even established excellent relations with Iran and encouraged the restoration of diplomatic relations between the Iranians and Saudis.

However, the American report warned that Tehran’s control over Baghdad is not completely secure, as Al-Sudani relies on the support of parties loyal to Tehran, but he continued to follow a large part of Al-Kazemi’s regional agenda to strengthen relations with Arab countries.

THE LOSING TEAM

The report considered that there are many issues that cause division among Iraqis, but there is one issue that unites many of them, which is that they do not want Iraq to turn into a battlefield for Iran’s conflicts with the United States and Israel, indicating that in light of the decline in the fortunes of the Tehran axis, these Iraqis do not want to be on the losing team in the region.

The report indicated that many Iraqis are now publicly demanding the dissolution of the Popular Mobilization Forces, which the report described as “the main tool of Iranian interference in Iraq,” noting that members of the Iraqi government say that with the defeat of ISIS, the presence of the Popular Mobilization Forces is no longer necessary.

In this context, the report mentioned the recent statements of the Iraqi Foreign Minister Fuad Hussein that he hopes “we will be able to convince the leaders of these groups to lay down their weapons, and that two or three years ago, it was impossible to discuss this issue in our society.” It also mentioned the recent statements of Mr. Muqtada al-Sadr in which he pointed out the necessity of limiting the carrying of weapons to the state’s security forces only. 

BAGHDAD AND WASHINGTON

However, the report found that what is most surprising is that figures from within the Coordination Framework, which includes parties loyal to Tehran, support this position, including MP Mohsen al-Mandalawi, the Kurdish Shiite billionaire, adding that “dissolving the armed militias or integrating them into the regular security forces would remove Iran’s main source of influence inside Iraq.”

The report considered that such a step may be calculated to avoid problems with Washington, as it is believed that the Donald Trump administration is considering imposing new sanctions on Iraq unless the Popular Mobilization Forces are disarmed, adding that the Iraqi government is looking to calm things down with Washington, as Al-Sudani and Iraqi President Abdul Latif Rashid sent congratulatory telegrams to the American president when he was elected.

The report quoted MP Ali Nema (from the Coordination Framework) as saying that he expected Iraqi-American relations to improve, and that the Coordination Framework, which is loyal to Iran, “is not worried about Trump.”

The report recalled Al-Sudani’s recent visit to Tehran, saying that “relations with Tehran are more controversial than ever,” as Al-Sudani received harsh criticism from Supreme Leader Ali Khamenei, who called for preserving and strengthening the Popular Mobilization Forces and expelling all American forces, and described the recent change of power in Syria as the work of “foreign governments. 

IRAN AXIS

The American report then asked whether all this data is sufficient to indicate that Iraq is also leaving the Iranian axis, but it noted that Iraqi experts did not agree on an answer to this question.

The report also quoted Hamdi Malik, a researcher at the Washington Institute, as saying that Iran “still exercises significant influence in Iraq,” and that al-Sudani’s government initially sent “cautious but positive signals” to the new Syrian regime, but “the tone in Shiite circles in Iraq changed completely after Khamenei expressed a completely hostile view of developments there.”

After noting that Al-Sudani’s government relies heavily on the support of the Coordination Framework, the report quoted Malik as saying that “any attempt by Al-Sudani to limit Iran’s influence will be merely cosmetic attempts.”

The report said that Farhang Fereydoun Namdar, an Iraqi analyst from the University of Missouri, agreed with this assessment, as the Popular Mobilization Forces still have about 200,000 members and a budget of about $3 billion, indicating that this force is unlikely to go anywhere, despite calls for its dissolution. The report quoted Namdar as saying that “almost all factions of the Popular Mobilization Forces are loyal to Iran, and the Mobilization has managed to entrench itself in the economy and politics of Iraq … and is the backbone of the Sudanese government.”

STRATEGIC LOCATION

The American Atlantic report saw that Iraq’s position may be more complicated than just the image of a state subordinate to a neighboring regime, as Baghdad is distinguished by a unique position to achieve a balance between Iranian interests and the interests of the Sunni states in the region, and it is trying hard to build partnerships with its non-Iranian neighbors.

The report quoted Iraqi affairs expert Aaron Robert Walsh, who is based in Amman, as saying that he believes that Al-Sudani is “cautiously separating Iraq from the axis without completely severing relations with Tehran,” noting that Tehran and its Iraqi allies could spoil these efforts, for example by attacking projects in which the Gulf states have invested.

The report concluded by reminding that Iraq will hold elections in October, and that if enough Iraqis reject pro-Tehran parties at the ballot box, as most did in 2021, there will be an opportunity for al-Sudani, or whoever may succeed him, to form a government that makes an extra effort to assert Iraqi sovereignty.

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MP CALLS ON GOVERNMENT TO COMPLETE BUDGET SCHEDULES AND SEND THEM TO PARLIAMENT

(So, it appears these budget tables, that all these intel gurus told you would cause the RV to happen last weekend, are still sitting in the council of ministers and not even made it to parliament yet. Go figure…. Yes, just another false guru target to get you all stirred up.)

 

Representative Faisal Al-Naili called on the government, today, Thursday, to expedite the completion of the budget tables and send them to the House of Representatives for approval, stressing the need to include all financial allocations in the 2025 budget to avoid any delay in its approval.


Al-Naili said in a statement to / Al-Maalouma / agency, that “the government has not sent the 2025 budget tables yet,” stressing that “there is no justification for this delay and disruption in sending the tables.”

He stressed that “the government is required to quickly take the necessary measures to ensure that the budget reaches Parliament as soon as possible, which contributes to accelerating the process of approving it in accordance with the approved legal and constitutional frameworks.”


He pointed to “the importance of completing all items of the 2025 budget and including all financial details to ensure the smooth flow of government work and prevent the disruption of development projects.”

It is noteworthy that the House of Representatives previously voted on the budget amendment law and sent it to the government with the aim of sending the budget tables.

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

                                             Just 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

February 25, 2025 Edition of Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

February 25, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today.

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.

You have to realize that in Iraq it is an uphill battle to overcome the entities that do not want Iraq to progress and mover forward. We have witnessed this constantly now since we got into this investment. I have presented so much evidence to you to show you what is really going on behind the scenes in Iraq and now actually coming out in the open. Remember the prophets told us that everything will be exposed and so it is. But with exposer, justice is also coming.

I recommend $10 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news, 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…. Enough said….. The future of the Newsletter depends upon all of you.

 Let’s all try to chip in!

Matthew 10:42

And if anyone gives even a cup of cold water to one of these little ones who is my disciple, truly I tell you, that person will certainly not lose their reward.”

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STATUS OF THE RV

Can you believe it that February is almost gone and moving on to March already. I can look out the gasthaus window and see the snow-capped mountains. Soon the pure spring water will be flowing from the melting snow and then the warmer weather will appear. Spring will be here and not soon enough. Isn’t God wonderful in bringing us the seasons? But as we go through he times of change we can see God’s hand at work in many different ways. It seems every day I watch the news its like Christmas filled with a new set of gifts again. Thank you, Blessed Lord, for all You are doing to FREE the World. It won’t be long now before the European Union falls apart. How can it last when its main objective was never really all about bringing abundance and prosperity to a FREE Europe but to control all of Europe under one government, the beginning blueprint for the “One World Government” concept of the United Nations. A total failure because it enslaves the people through mandates and socialists’ taxes rather than prosperity through freedom.

No, the Iraqi RV did not happen nor do I see a real end in sight. There are just too many moving parts and variable right now to see the end. But Reinstatement will happen and I will explain to you today why I am hopeful for a breakthrough soon. This is why I listen to the modern day prophets daily. This is my daily dose of joy too. Many ask how can we trust their words? Simply put, we don’t. We put them to the test and if they pass over and over again then we trust them going forward. So far all the prophets I bring you have proven themselves to us and so I would not bring them to you if I did not trust in them myself. I also recommend highly that you take the time to page through the Political Section and select news that interest you. As citizens of a free society we are obligated and responsible to supply a check and balance on our government. This only comes through educating yourself of what the hell they are doing. Don’t let them lead you, instead you must take the lead and challenge their policies.

Let’s get on with today’s news…

😊 Seems in the dinar investment we have had many seasons of our own too. Seasons of joy and then disappointment again. Today I need to point out yet another intel guru event that I am afraid is going to be a huge let-down for many. First take a look at the article titled “AFTER A “DIFFICULT LABOR”, THE 2025 BUDGET TABLES FINALLY FIND THEIR WAY TO THE COUNCIL OF MINISTERS”. What does this article really tell us?

It tells us that the delay in sending the federal budget tables to the Council of Ministers is related to amendments to Article 12 of the Budget Law may soon be over. But let’s not go off half-cocked as many have been told by their friendly intel guru that when they show this part of the 2025 budget it will contain the RV rate we have been waiting for. Really? This notion is why I am going to cover this article today in detail. I am here today to tell you it will not. Surprise, surprise for many of you guru followers reading my blog today. Sorry to disappoint you! ☹ This entire idea has been fabricated in your minds by these brainwashing intel gurus. Get it? They speculate and only speculate. When will you learn this? There is absolutely no evidence or proof that this budget for 2025 is going to be based on the in-country RV rate we have been waiting for. In fact, some intel gurus go so far as to tell you it will be based on a much larger reinstatement rate of around $3.80 – $4.00 dollars per Iraqi dinar. Really?

Then the article goes on to give a timeline of mid-March. I quote from the article  “The Ministry of Finance has been working for some time on preparing the general budget tables for the year 2025, in order to send them to the Council of Ministers for approval.” The Ministry of Finance will finish preparing the tables and send them to the Council of Ministers for voting on them in the middle of next month,”

But what does this mid-March timeline really mean?

Why is everyone getting so excited over this news? These intel gurus once again have painted a make-believe, fantasy world around these 2025 budget tables. Why use mid-March as a timeline then even for the RV? It does not make any sense if you really know what is going on in Iraq. Do they even know what the article really says? Go read it again for yourself. It is all in the Articles Section of today’s Newsletter.

It says the Finance Committee, which prepared the tables based on changes necessary by those who objected to the way the funding for 2025 was being distributed. In other words, from the time the three-year budget (2023-2025) was put together in 2022 there had to be some changes to it. I know this was not supposed to happen as a three year  budget was to expedite the budgeting process and to have to not go through the long prosses again and again each year. But here they are. Go figure, its Iraq!  

So, all the intel gurus out there should know by now that there is a check and balance in the Iraqi democracy too. They have their three branches of government. The presidency (more ceremonial than anything else), then the Council of Ministers (the legislative branch like the U.S. Congress) and then the Parliament (that ratifies the bills from the Council, much like the U.S. Senate). The word “should” is the operative word but these intel gurus don’t know or don’t care to study it. Why don’t then know these simple facts about how the Iraqi government is run? They don’t because they don’t care to know. They are not about bringing you TRUTH and FACTS but only hype. They use the hype to attack you like a sticky fly strip. They once you go for it you get stuck. Yes, the word “stuck” in another operative word to use today. This 2025 budget tables is yet another very good example of their laziness and absolute stupidity in these matters. You will never figure out what is going on in Iraq if you base everything on fantasy and not reality.

So, what is so stupid about watching the period of mid-March for the release of these budget tables if, in fact we even should care about watching them for the RV event?

The article is just telling us the modified 2025 budget tables were passed from the Finance Committee (part of the Council that does the budget) to the rest of Al-Sudani’s Council (his cabinet) for review and vote. This usually goes quick since it was a Council minister that prepared them in the first place. But the tables won’t even make it to the Council till mid-March. They certainly will not become public at this time.

The next step is to pass them on to Parliament for up to three sessions of review and discussion. Then they try to take a vote to pass them into law. So, it is the Council of Ministers that will get the budget tables in mid-March not Parliament and this part of the budget still has to be passed to Parliament for debate and discussion. This could take months and months more. When has Parliament ever done anything on time and quickly? There are always obstacles and these budget tables could very well even get kicked back to the Council for changes. Ramadan holiday also this year, starts Saturday, March 1, 2025. It ends at Saturday, 29 Mar 2025. Ramadan month this year has 29 days. Good Lick with getting anything passed in Parliament in March….lol… lol… lol… Another obstacle is they could also avoid getting a quorum over disputes and that would again hold up the voting process in Parliament. We have witnessed these many times.

As time passes more and more will want more and more added to the budget and so this could also delay the process. Yes, the tables could get kicked back to the Council again for more change. The article says and I quote “noting that “the Council of Ministers will vote on the tables without delay and then send them to the House of Representatives for voting on them.” How long will Parliament take. Surely it will be way beyond mid-March. In fact the probably won’t even get the tables until after mid-March. Can’t these intel gurus even read? Did they attend 1st grade even?

So, in conclusion these intel gurus are going to use this event, and others like it, to string along their little silly band of idiot followers (yes, I mean you TNT idiot Tony, Frank26 along with the Big “Stupid” Call Bruce) who will cheerlead their way to nothing come June, when maybe these budget tables may have a chance of passing in Parliament. Okay, so then they finally pass and still no RV rate as they expected. We still sit with no RV.

What new event then will they migrate to and use to keep the hype going?

I hope all my blog readers can realize what is going on with these budget tables and the misperception after misperception of the importance of these tables and how they are used. So, what the hell are these budget tables anyhow and why are they actually important to Iraq (not us investors)?

They are important because they represent how the money in the budget is to be distributed to the provinces for projects. This is where the projects are outlined and budgeted for. Why in hell would they have an RV rate in them? The cost of these budgets is based on the price of a barrel of oil. This is the money flow of revenues for Iraq. It still consists of 90% of their revenues. Yes, I do agree there are issues with still using this method of determining the budget funding since Iraq is now fully out of UN Chapter VII sanctions and it is time to change this process. What is taking them so long?

Yes, someday this process of how they determine the amount of money they can spend on the budget may change. But for now, Iraq still uses the oil revenues (price of oil) to determine it. Remember Steve Forbes and his presentation I showed you in a couple of my more recent Newsletters? What did he tell us?

Forbes told us if you want to focus on the health of an economy (inflation and employment) do not go to the price of oil, instead you must focus on the stability of the currency. It’s all about the currency. So, the entire idea of pegging the Iraqi dinar solely to the U.S. Dollar from oil sales is a major part of the problem with the stability of the Iraqi dinar. Forbes is very specific about not using the price of oil to determine you economic growth. Get it? Using oil as a gauge is now the problem not the solution for Iraq. Yes, it may have been a temporary solution for Iraq during the sanctioned time. But not any longer. Those days are over.

This process has to change and the dinar has to get off this sole de facto peg to the U.S. dollar. This is the solution!

That is the only way out of this mess in Iraq. Just look at the parallel market and this is a very good example as to why the dinar must get off this sole peg. They must go to a “basket of currencies” of developed countries as the IMF and the World Bank recommended for Iraq way back in 2011. In 2012-2013, the then director of the CBI, Dr Shabibi was going to revert to this basket of currencies which would have allowed the dinar to be reinstated. Of course, his plan was first going to conduct the Project to Delete the Zeros.

What else is in the news?

The Federal Ministry of Oil announced yesterday, Sunday, the completion of the necessary procedures to complete the export of oil produced in the Kurdistan Region via the Turkish port of Ceyhan, stressing that this step comes in accordance with the mechanisms specified in the budget law and its amendment, and within the production ceiling set for Iraq in the OPEC organization.

The Kurdistan Regional Government’s negotiating delegation responded to the Ministry of Oil’s announcement by calling on the federal government to implement its obligations before proceeding with the oil export process.

The delegation explained that despite the regional government’s confirmation of its commitment to implementing the first amendment law to the federal general budget law, which relates to re-exporting oil produced from the region’s fields to the Turkish port of Ceyhan via SOMO, implementing the law requires agreement on several basic points, including determining the quantities allocated for local consumption in the region, in line with actual needs, similar to the rest of Iraq, and establishing a clear and specific mechanism for paying the dues of production and transportation companies to the regional government, in accordance with what is stated in the law.

☹ Another article titled “PARLIAMENTARY WEALTH REVEALS WHO IS RESPONSIBLE FOR SUSPENDING THE OIL AND GAS LAW”. A Member of the Parliamentary Oil, Gas and Resources Committee, Basem Al-Gharibawi, revealed today, Sunday, who is responsible for obstructing the legislation of the Oil and Gas Law, stressing that the region’s failure to comply is delaying the legislation of the law. Al-Gharibawi said in a statement to / Al-Maalouma / agency, that “the political dispute between Baghdad and Erbil is obstructing the legislation of the Oil and Gas Law. Da….no kidding!!! I hope that every one of my readers can see how important the article in the Iraqi constitution is that specifies the referendum for the Oil and Gas Law and how screwed up things can get when the constitution is not implemented in a timely manner. Also we can now see why this referendum is needed prior to the reinstatement happening. I rest my case….

☹ Also in the news this period is an article titled “LEADER IN THE FRAMEWORK: AMERICA IS EXPLOITING IRAQ’S MONEY IN THE FEDERAL BANK TO UNDERMINE ITS AUTONOMY”. The leader of the Coordination Framework, Salam al-Zubaidi, confirmed today, Saturday, that the United States is exerting security and political pressure on Iraq in a number of files, including oil, and undermining its autonomy through the money it deposits in the US Federal Bank. Al-Zubaidi said in an interview with /Al-Maalouma/ agency, that “America is exerting pressure on Iraq politically and security-wise, while Iraq has autonomy and decisions that must be respected by everyone,” indicating that “exporting oil is an internal matter that does not concern the United States, even if the money from Iraqi exports goes to the US Federal Reserve, which undermines Iraq’s autonomy in this matter.” This article is referring to blackmail by the U.S. holding Iraq oil revenues in the DFI fund in NYC banks. The U.S. uses this money as leverage to get what they want even though Iraq has been fully out of Chapter VII sanctions since Dec 2022. Since this time this money in the DFI should have been released to Iraq and put into their sovereign fund that Saleh has talked about creating in many articles. Of course, Iraq should also be able to get off the petro-dollar for oil sales too. This was part of the sanctions, which are now released. Why won’t the US let them?

☹Then in another article we see proof of what the leader Salam al-Zubaidi, told us on Saturday, that the United States is exerting security and political pressure on Iraq in a number of files, including oil. Take a peek at another article titled “REUTERS: TRUMP ADMINISTRATION GIVES IRAQ A CHOICE BETWEEN QUICKLY RESUMING KURDISH OIL EXPORTS OR FACING SANCTIONS”. The United States of America threatened, today, Friday, February 21, 2025, the federal government in Iraq with sanctions if the Kurdistan Region’s oil exports are not resumed quickly. Reuters quoted sources as saying: “The administration of President Donald Trump asked Iraq to resume (Kurdish) oil exports quickly or face sanctions alongside Iran.” Do you now see the situation in Iraq when I say its “an uphill battle” to get back their national sovereignty?  When will Iraq truly be a free nation again? I though we fought a war to free Iraq from tyranny. Did we free them from the mouth of one tiger into the mouth of another? Folks it been 20 years since the end of the war!

Can you see how many of these article are interconnected. The news is not stand alone but gives us a picture of the situation going on in Iraq. We don’t need some idiot secret contact lying to us.

😊 Yes, there is a bit of good news too today. In the article titled “THE DOLLAR DECLINES IN IRAQ.. STABILITY OR TEMPORARY CALM?” Today, Tuesday, the local Iraqi black markets witnessed a noticeable decline in the exchange rate of the dollar against the dinar. The dollar breaking the 150,000 dinar barrier for the first time in months is a positive development, but it does not necessarily mean that the crisis is over. The matter remains subject to the ability of the government and the Central Bank to maintain this stability and prevent speculation that may return the dollar to its upward path again. Is this decline the beginning of an economic breakthrough, or just a temporary break before a new wave of increases? All I can add to this is I hope this trend continues but I have to also say that unless they get of the sole peg to the US dollar they will continue to suffer. Will the US support this effort now that Trump is president? Will the Trump administration have a new change in foreign policy for Iraq for the better or worse for Iraq? So, far it is leaning to the worse side….. just saying…

I encourage everyone to continue our prayers. These are the prayers that God wants to hear. He needs to know your concerns and wants to help.  

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

All I can say about these two prophesies today is WOW! This is actually already begun.

“An Internal Election Fraud System Will Be Exposed And Disposed Of”.

Prophecy begins at the 13:00 mark.   Second one from Feb 16th.

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PROPHECIES FULFILLED: How do we gauge the prophecies? Are they really a voice from God? So at time we step back and analyze what happened and compare to the prophetic words spoken.

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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EXPLAINED: TRUMP’S WILD PLAN FOR GAZA

Has President Trump finally gone over the top?

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THIS IS THE ‘SINGLE MOST CORRUPT’ ACT OF ANY US PRESIDENT

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DAN BONGINO: NEW DEPUTY DIRECTOR OF THE FBI 

We will all miss his internet show, however I am sure as deputy director of the FBI there will be enough of an ongoing show to continue to appreciate all his efforts to help America and exposed the corrupt. I can hardly wait! 😊  

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“THE TRUTH MUST BE TOLD—RIGHT NOW ABOUT DEI.

What was it really all about?

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 “THEY WANTED ME TO STAY QUIET, BUT I’M SPEAKING UP NOW… HIDDEN TRUTH BEHIND THE IMMMIGRATION CRISIS IN THE U.S.”

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WHY THE BIDEN FAMILY IS FACING JUSTICE RIGHT IN FRONT OF OUR EYES

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EU LEADERS UNDER PRESSURE AFTER €132 MILLION EUROS SLUSH FUND FOUND

Oh… this corruption is global? Of course we knew this since we were told by the prophets this would be exposed too. And so it is….

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GERMANS SIMPLY WANT ‘THEIR COUNTRY BACK’

If Germany leaves the EU so goes the EU. It will fall apart. Germany has been the backbone of the EU. So this a good idea or a bad idea? Listen to this broadcast today and you decide. Personally, living in Germany I believe it would be a wonderful thing to happen. It can’t happen soon enough.

 ‘FEARMONGERING’ DEMOCRATS OVER DOGE EFFORTS

What are the afraid will be exposed. In today’s Julie Green prophecy God tells us that DOGE has just begun to dig into the corruption and what will come next will amaze you and sicken you what they have been doing to America.

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IS THERE MISSING GOLD? TRUMP & MUSK DEMAND FORT KNOX AUDIT! 

We do not know yet if any Gold is actually missing. So, let’s set this straight right now. This is what the audit is for.

Is Trump just hyping this up for publicity or could the Gold actually be missing? Fort Knox is not actually the only Gold depository for the U.S.. There are many more spread across the nation. The US Treasury intentionally separates the depositories for security and disaster reasons. How much is stored at each depository? They will never tell us the amounts or locations of all the depositories for security reasons. They only use Fort Knox as a front, a focal point of attention. It mostly for Hollywood like drama….. afterall we know about Fort Knox. Just watch the James Bond movie, Gold Finger….

It’s what you don’t know that will hurt you.

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WILL TRUMP BE ABLE TO NEGOTIATE MINERAL EXTRACTION RIGHTS IN UKRAINE FOR ALL THE AID GIVEN TO THAT COUNTRY (about $150 billion), OR WILL UKRAINE HAVE TO REPAY THE U.S. FOR ITS AID?

Bottom line: no more freebies from the U.S.! This is going to be interesting to watch what happens. Will Zelensky cave in or be stubborn? What do you think is the RIGHT thing to do?

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AG PAM BONDI ALARMED:  STATE OF DOJ: ‘WORSE THAN I THOUGHT’

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STACY ABRAMS JUST GOT EXPOSED

Another crooked politician trying to use a government office for her activism movement and personal gain. Now they are being exposed. Another one bites the dust!

Stacy Abrams, a career politician. Her education was funded by Barrack Obama and other covert groups. She is an activist not a dedicated politician serving the public. Its time she is called out for who she really is.

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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AFTER A “DIFFICULT LABOR”, THE 2025 BUDGET TABLES FINALLY FIND THEIR WAY TO THE COUNCIL OF MINISTERS

A responsible source in the Iraqi Ministry of Finance stated on Monday that the delay in sending the federal budget tables to the Council of Ministers is related to amendments to Article 12 of the Budget Law.

The Iraqi parliament recently approved an amendment to the general budget related to Article 12, which settles a dispute between the Kurdistan Region and the federal government over receiving the region’s oil.

In summary, the Iraqi Parliament voted in June 2023 on the draft general budget law for the fiscal years (2023, 2024, 2025), to approve special budget tables for those years, which will be sent by the Iraqi government to Parliament for voting.

The government source told Shafaq News Agency, “The Ministry of Finance has been working for some time on preparing the general budget tables for the year 2025, in order to send them to the Council of Ministers for approval.”

He pointed out that “the Ministry of Finance will finish preparing the tables and send them to the Council of Ministers for voting on them in the middle of next month,” noting that “the Council of Ministers will vote on the tables without delay and then send them to the House of Representatives for voting on them.”

The Federal Ministry of Oil announced yesterday, Sunday, the completion of the necessary procedures to complete the export of oil produced in the Kurdistan Region via the Turkish port of Ceyhan, stressing that this step comes in accordance with the mechanisms specified in the budget law and its amendment, and within the production ceiling set for Iraq in the OPEC organization.

The Kurdistan Regional Government’s negotiating delegation responded to the Ministry of Oil’s announcement by calling on the federal government to implement its obligations before proceeding with the oil export process.

The delegation explained that despite the regional government’s confirmation of its commitment to implementing the first amendment law to the federal general budget law, which relates to re-exporting oil produced from the region’s fields to the Turkish port of Ceyhan via SOMO, implementing the law requires agreement on several basic points, including determining the quantities allocated for local consumption in the region, in line with actual needs, similar to the rest of Iraq, and establishing a clear and specific mechanism for paying the dues of production and transportation companies to the regional government, in accordance with what is stated in the law.

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NECHIRVAN BARZANI TALKS ABOUT A HISTORIC STEP: IRAQ WILL BE MORE PROSPEROUS

Kurdistan Region President Nechirvan Barzani stressed today, Saturday, that the path of development is a historic step towards building a more prosperous Iraq.

Barzani said in his speech during the Baghdad Dialogue Conference, “We support the development path project to strengthen Iraq as an effective state in the Middle East. We in the Kurdistan Region always believe that political and economic stability for all of Iraq is a national interest, and that true development cannot be achieved without integration between Baghdad and Erbil, as well as between Iraq and its surrounding countries in the region and the world.”

He added, “This conference emulates Iraq’s vision for regional opening and integration, and the sustainability of Iraq requires cooperation and partnership, not conflict and restriction. From this standpoint, the Development Road Project comes as an initiative and a historic step to build a more stable and prosperous Iraq on diverse economic foundations, regional openness, and integration with neighboring countries.

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DEPUTY SPEAKER OF PARLIAMENT: NEW US DECISIONS MAY BE ISSUED REGARDING IRAQ

Shakhwan Abdullah, deputy speaker of the Iraqi parliament, said on Saturday that the administration of US President Donald Trump may make new political and economic decisions regarding Iraq.

This came during his speech at a scientific conference on the present and future of Kirkuk, which was held at Soran University in the Kurdistan Region of Iraq.

In his speech, Abdullah explained that Kirkuk has always been the focus of conflict between the great powers due to its wealth of intellectual, mineral and natural resources. He added that its geographical location has made it face policies of Arabization and demographic change over the decades.

He stressed the need for all parties to work to restore rights to their owners in Kirkuk, with the aim of addressing the effects of previous policies that affected the city’s demographics.

Abdullah confirmed that the Iraqi parliament has reactivated the Article 140 Committee, in a move aimed at abolishing the legacy of the Baath regime and addressing the changes that have occurred in the demographic composition of the areas covered by this article.

He also referred to his recent visit to the United States of America, where he returned to Iraq this morning. He explained that during the visit, he discussed the issue of Kirkuk and the disputed areas with the US Assistant Secretary of State and the head of the religious authority in the United States, noting that the American side views these areas with great importance.

The Deputy Speaker of the House of Representatives concluded his speech by pointing out that the new US administration may issue several political and economic decisions concerning Iraq and the United States, which has been discussed on several occasions with the federal government.

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LEADER IN THE FRAMEWORK: AMERICA IS EXPLOITING IRAQ’S MONEY IN THE FEDERAL BANK TO UNDERMINE ITS AUTONOMY

The leader of the Coordination Framework, Salam al-Zubaidi, confirmed today, Saturday, that the United States is exerting security and political pressure
on Iraq in a number of files, including oil, and undermining its autonomy through the money it deposits in the US Federal Bank.

Al-Zubaidi said in an interview with /Al-Maalouma/ agency, that “America is exerting pressure on Iraq politically and security-wise, while Iraq has autonomy and decisions that must be respected by everyone,” indicating that “exporting oil is an internal matter that does not concern the United States, even if the money from Iraqi exports goes to the US Federal Reserve, which undermines Iraq’s autonomy in this matter.” 

He added that “re-exporting oil from the Kurdistan Region is an internal matter that concerns the federal government and the Ministry of Oil, and there are many pending files between Erbil and Baghdad in addition to the decision of an international court issued in Paris due to violations committed by the Kurdish side,” noting that “during the visit of the President of the Region, Nechirvan Barzani, to Baghdad, it was agreed to remove obstacles and eliminate crises.”


He pointed out that “the American pressure should be on the region and not on Baghdad, considering that Erbil is the one that has problems in this issue, but for Washington to come and impose decisions on Baghdad is not correct.”

It is noteworthy that international reports revealed that the United States threatened to impose sanctions on Iraq unless Baghdad allowed the resumption of oil exports from the Kurdistan region despite the political and technical problems in this file. 

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THE DOLLAR DECLINES IN IRAQ.. STABILITY OR TEMPORARY CALM?

 

Today, Tuesday, the local Iraqi markets witnessed a noticeable decline in the exchange rate of the dollar against the dinar, as the selling price fell to 149,750 dinars for every 100 dollars, while the buying price reached 147,750 dinars.

This decline comes after months of volatility, as the dollar exceeded the 150,000 dinar barrier for a long time, raising widespread concerns about its impact on prices and inflation in the country.

What are the reasons for the decline?

There are several factors that may be behind this decline, most notably:
✅ The measures of the Central Bank of Iraq aimed at controlling the exchange rate, by tightening control over dollar transfers and reducing reliance on the black market.
✅ Recent government moves to combat financial speculation and take steps to control the flow of dollars in official markets.
✅ Improvement in the flow of dollars through official channels, following agreements between Iraq and international financial institutions.

Will this decline continue?

Despite the current decline, the most important question remains: Will we witness real stability in exchange rates? Or is this decline merely a temporary decline due to immediate measures? Previous experiences indicate that the exchange rate is affected by many factors, including the political situation, cash flows, and US measures against banks accused of currency smuggling.

Implications for markets and prices

Any decline in the dollar price is expected to contribute to a decline in the prices of imported goods, especially food, medicine and electronics, but the question remains: Will this decline be reflected quickly in the markets? Or will traders continue to price according to previous prices to achieve greater profits?

Conclusion

The dollar breaking the 150,000 dinar barrier for the first time in months is a positive development, but it does not necessarily mean that the crisis is over. The matter remains subject to the ability of the government and the Central Bank to maintain this stability and prevent speculation that may return the dollar to its upward path again. Is this decline the beginning of an economic breakthrough, or just a temporary break before a new wave of increases?

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PARLIAMENTARY WEALTH REVEALS WHO IS RESPONSIBLE FOR SUSPENDING THE OIL AND GAS LAW

Member of the Parliamentary Oil, Gas and Resources Committee, Basem Al-Gharibawi, revealed today, Sunday, who is responsible for obstructing the legislation of the Oil and Gas Law, stressing that the region’s failure to comply is delaying the legislation of the law.


Al-Gharibawi said in a statement to / Al-Maalouma / agency, that “the political dispute between Baghdad and Erbil is obstructing the legislation of the Oil and Gas Law. 

(Da….no kidding!!! 😊)


”He added that “passing the law is subject to political consensus,” noting that “some points need political understandings within the State Administration Coalition.”
He pointed out that “there is a real will among the political forces to legislate the law,” stressing that “Iraq’s oil is one and indivisible, whether in the Kurdistan Region, the center or the south.” 

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GOVERNMENT ADVISOR: IRAQ ADVANCES 17 PLACES IN SOFT POWER INDEX 

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, announced on Saturday that Iraq has advanced 17 ranks in the Soft Power Index compared to 2023, thanks to improvements in governance and infrastructure development, stressing that this progress reflects a noticeable improvement in the stability of the country’s internal situation.

Saleh said in a statement reported by the official news agency, and reviewed by “Al-Eqtisad News”, that “Iraq’s occupation of the 98th position globally in the Soft Power Index for the year 2025 is an important matter in this leap during one transitional year between the end of 2023 and the end of 2024, and looking forward to 2025, as it comes 17 places ahead of its previous classification in 2023, which embodies the progress and stability witnessed by our country in a remarkable way, after it was ranked 116th globally in the year before the previous one.”

He added that “Iraq has achieved acceleration in the subject of soft power during one continuous year between 2023 and the end of 2024 and moving forward to 2025, and this acceleration comes from among a set of factors and indicators of soft power that are usually used by global institutions interested in measuring the extent of the state’s influence in its global scope through non-military means, such as culture, diplomacy, education, values, and innovation.”

He explained that “one of the most prominent indicators used in the soft power rankings, which Iraq enjoyed in 2024, is its distinguished international reputation in the framework of foreign relations, as our country’s diplomatic capabilities in influencing global affairs and its international image are at their best levels, which have increased in recent years due to the flourishing of foreign activities and the network of positive relations with other countries provided by Iraq’s open democratic climate as one of the most important of these factors.”

He pointed out that “political and security stability in Iraq has witnessed a significant improvement, as internal tensions and conflicts that negatively affected the country’s image in the world have disappeared, which has helped enhance Iraq’s soft power.”

He pointed out that “the ability of the government program, which has advanced its applications in developing the infrastructure and continuous improvement in basic services, especially security and digital services, was accompanied by an advanced movement of institutional governance, as the efficiency and transparency of government institutions increased, with the approval of the 2024-2028 development plan, which committed to sustainable development and environmental protection, and providing high attractiveness for investment after announcing the principle of partnership between the state and the private sector within the philosophy of the social market, and announcing the strategic development road project as a project for Iraq’s progress forward.”

He added that “the high degree of interest in civilizational and cultural openness has made Baghdad the capital of tourism and culture in the world, which undoubtedly reflects the quality of life and the prevailing societal values ​​of the civilization of the Tigris and Euphrates Valley, which dates back more than 7,000 years, in addition to the keenness to highlight the role of national heritage in general and different ethnicities in particular, which had a positive impact on the strength of societal diversity and its transition from the national level to the external level.”

He added, “Diversifying the economy, sustainable development and moving away from the rentier economy remain among the challenges facing the rise of soft power. This is what the government program is working on with great care, supported by the prevailing trend in economic, social and political thought circles in Iraq on an ongoing basis through the process of national support for comprehensive economic development programs for the state and government, to build a better Iraq forever.”

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NEW REFORM PLANS FOR THE BANKING SECTOR IN IRAQ

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, stressed that achieving a unified vision to study the conditions of banks in Iraq requires the integration of the national banking market within a homogeneous framework aimed at enhancing the stability of the national financial system and developing its performance in the areas of credit, digital payments, and financing economic development.

Saleh said in a special statement to {Al Furat News}, “The first vision focuses on the importance of achieving integration between national banks in a way that enhances their role in supporting the Iraqi economy, pointing out that this requires updating the financial infrastructure and adopting modern technologies to meet the requirements of the era.

The second vision, according to the financial advisor, is related to developing two comprehensive reform plans targeting the public and private banking sectors, with the aim of improving the performance of these institutions in accordance with international standards. He explained that the reform will include improving governance and financial management and enhancing transparency, which will facilitate the involvement of Iraqi banks in the global financial relations network.

Saleh added that the direct goal of banking reform is to enable Iraqi banks to deal more effectively with the outside world, ensuring economic openness and attracting foreign investments, as well as strengthening Iraq’s position on the international financial scene.

This trend comes in light of the government’s ongoing efforts to develop the financial sector and enhance its role in achieving sustainable development and supporting the national economy, as banking reform is viewed as an essential step towards achieving these goals.

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THE CENTRAL BANK REASSURES CITIZENS VIA “BAGHDAD TODAY”: NO INSTRUCTIONS TO PREVENT THE DELIVERY OF “DOLLARS”

A responsible source in the Central Bank of Iraq denied, today, Thursday (February 20, 2025), the issuance of instructions to prevent citizens from receiving any amount in hard currency from banks.

 The source confirmed, in a statement to “Baghdad Today”, that “the talk about issuing instructions from the Central Bank to prevent the delivery of any amount in hard currency is incorrect,” noting that “there is no shortage of hard currency, especially the dollar, and that citizens receive their money normally.” 

The source, who requested anonymity, added that “the process of citizens depositing their money, whether in dollars or local currency, continues on a daily basis in government banks and others, and there are no fears of a shortage in the dollar reserves in Iraqi banks during the next stage.”

This denial by the Central Bank comes amidst rumours about restrictions on the delivery of dollars to citizens, in light of the economic challenges facing the country. 

The market has been witnessing fluctuations in the exchange rate of the dollar against the dinar for some time, which has raised concerns among citizens and traders about the possibility of imposing restrictions on dollar transactions.

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THE GOVERNOR OF THE CENTRAL BANK, ALI AL-ALAQ, CONFIRMED THAT JOINT-STOCK COMPANIES CONSTITUTE ONLY 2% OF THE VALUE OF THE GROSS DOMESTIC PRODUCT IN IRAQ

The Governor of the Central Bank, Ali Al-Alaq, confirmed that joint-stock companies constitute only 2% of the value of the gross domestic product in Iraq, while revealing the reason for the weak size of citizens’ deposits in banks.

Al-Alaq said during the opening and introduction of the International Center for Finance and Trade in Sulaymaniyah Governorate, which was followed by (Al-Rabia), that “financial centers are economic levers and need modern financial infrastructure and technologies,” noting “the importance of financial centers in stimulating the economy and attracting investments, which requires developing the financial infrastructure to keep pace with global changes.”

He pointed out that “these centers focus on the most important engines of the economy,” stressing that “countries that have such centers have been able to achieve great achievements, as financial centers play a major role in stimulating and organizing the economy, as proven by reality, experience, numbers and data.”

He stressed that “the financial aspect in Iraq needs more vitality and innovation to harness resources towards growth and construction,” noting that “there is a huge amount of money inside the country, but it is not invested in the best way, as it is isolated from economic activity or hoarded without real benefit.”

He stressed that “this is a fundamental issue that requires thought, initiatives and innovations to invest this money to serve growth and employment,” noting that “the best way to attract and mobilize this money is to establish joint-stock companies that attract scattered capital, no matter how small its amounts are.” He pointed out that “Iraq suffers from a significant shortage” in joint-stock companies, as their contribution to the GDP is only 2% of the GDP, which is the lowest percentage in the region compared to the Middle East and North Africa countries, where the percentage reaches 55%, while in developed countries it ranges between 80% and 90%, which requires new ideas and centers capable of moving this field.”

The governor stressed that “Iraq has huge investment opportunities that can be exploited through partnerships between various capabilities, especially the available financial capabilities, but they do not find a clear scope for investment, which calls for a major role for financial centers in moving and establishing joint-stock companies in profitable strategic sectors.”

He also pointed to the weak volume of citizens’ deposits in banks, explaining that “the reason is not only due to lack of trust, but also to the availability of other investment opportunities that achieve greater returns than bank interest, as anyone can now invest their money through digital platforms and contribute to global projects without having to rely on traditional bank returns.”

The governor of the Central Bank provided an example of developments in digital investment, noting that “some The platforms allow a group of people to participate in purchasing real estate in global cities such as London, where investment is based on the highest potential returns globally.

He noted that “the world is witnessing a financial revolution supported by technology and artificial intelligence, which will lead to major transformations in the nature of economic activity,” noting that “the 10 largest companies in the world currently belong to the technology and communications sector, outperforming oil and traditional industry companies, as their market value ranges between 2-3 trillion dollars,” stressing that “banks in the near future will transform into fully smart electronic platforms, which will radically change the way financial and investment transactions are conducted.”

He stressed the “necessity of transforming financial centers into strong economic levers, so that they play a fundamental role in attracting investments, regulating financial flows, and benefiting from modern technologies,” indicating that “this center has a major task ahead of it to move in these directions.” The Central Bank reveals the reason for the weakness of citizens’ deposits in banks: The money is huge

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DESPITE IRANIAN DENIAL, A DELEGATION FROM WASHINGTON WILL ARRIVE IN BAGHDAD “SOON” TO BEGIN NEGOTIATIONS WITH TEHRAN – URGENT

Former House of Representatives Rapporteur, Muhammad Othman Al-Khalidi, revealed today, Friday (February 21, 2025), the imminent arrival of a high-ranking American delegation to begin the first steps of indirect negotiations with Iran.

Al-Khalidi said in an interview with Baghdad Today, “It seems that the White House has decided to proceed with important negotiations with Iran through the Iraqi capital, Baghdad, even if indirectly,” noting that “the delegation that is expected to attend soon came after several messages were submitted through Iraqi mediators to Tehran in order to determine the features of the upcoming negotiations and the axes that will be discussed.” 

Al-Khalidi added, “The negotiations between Washington and Tehran are important for the Middle East region, in order to reduce tension and seek a way out of what is happening.” 

He pointed out that “what matters to us as Iraqis in these negotiations is that Baghdad not be an arena for conflicts and tensions, and that we be a party that enhances security and stability, and that we do not side with any axis,” stressing that “Baghdad is trying, through its relations with Washington and Tehran, to push all parties to negotiations that contribute to preventing the spread of crises and tensions in this vital region.” 

Al-Khalidi explained that “Washington and Tehran have come to realize that tension does not serve their interests, and therefore they are seeking points of understanding that can be built upon in negotiations that may contribute to resolving complex issues such as the nuclear file and other problems, including economic sanctions.” 

He continued: “Iraq will follow these negotiations in the hope that they will result in understandings between America and Iran that will have a positive impact on the region.”

Iranian government spokeswoman Fatemeh Mohajerani confirmed that negotiations with America under the current circumstances are meaningless.

According to Iranian media, she said, “In the situation where America is practicing a policy of maximum pressure, negotiations are meaningless, but we are a people ready to negotiate,” indicating, “The door to negotiations has always been open on Iran’s part, and whoever closes the door to negotiations is someone else.”

She continued: “They are the ones who did not abide by what they signed and left the negotiating table, while we are good negotiators and always welcome the opportunity to talk to the world and bring peace.”

However, Iran’s Supreme Leader, Ali Khamenei, said that experience has shown that negotiating with the United States is “neither smart, nor honorable, nor wise,” and that negotiations with the United States will not solve Iran’s problems, according to Iranian media.

Khamenei’s statements came during his reception of a crowd of commanders of the Iranian Air Force, and in response to US President Donald Trump’s announcement that he had signed a memorandum preventing Iran from possessing nuclear weapons.

He stressed: “Negotiating with America has no effect on solving the country’s problems, and we must realize this fact correctly. They must not delude us that sitting at the negotiating table with that government will lead to solving this or that problem. No, no problem will be solved through negotiating with America, and past experience has proven this,” according to the Iranian agency.

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REUTERS: TRUMP ADMINISTRATION GIVES IRAQ A CHOICE BETWEEN QUICKLY RESUMING KURDISH OIL EXPORTS OR FACING SANCTIONS

The United States of America threatened, today, Friday, February 21, 2025, the federal government in Iraq with sanctions if the Kurdistan Region’s oil exports are not resumed quickly.

Reuters quoted sources as saying: “The administration of President Donald Trump asked Iraq to resume (Kurdish) oil exports quickly or face sanctions alongside Iran.”

The sources added, according to Reuters, that “Washington believes that Kurdish oil sales may help reduce crude prices and compensate for the decline in Iranian supplies.”

Oil Minister Hayan Abdul Ghani revealed on Tuesday that Iraq had sent a delegation from the ministry to the Kurdistan Region to agree on a mechanism for delivering the region’s oil and exporting it through the Turkish port of Ceyhan.

The Minister of Oil explained that he had contacted the Minister of Natural Resources in the region, Kamal Mohammed Saleh, to negotiate with the delegation about the mechanism for receiving and exporting oil through the Turkish port of Ceyhan.

This came a day after Iraq accelerated the expected date for the resumption of oil exports from Kurdistan, as the federal oil minister said last Monday that oil exports from the Kurdistan region could resume within just a week. 

It is noteworthy that the President of the Region, Nechirvan Barzani, announced a few days ago that the resumption of shipments will likely take place next March.

Iraq exports between 400,000 and 500,000 barrels per day from fields in the north of the country, including the Kurdistan region, via the now-defunct Iraq-Turkey pipeline.

Oil Minister Hayan Abdul Ghani said earlier this month that at least 300,000 barrels per day of crude were planned to be moved once operations resumed.

In Iraqi Kurdistan, oil production ranges between about 280,000 and 300,000 barrels per day, and the regional government estimates its needs for domestic consumption – including power generation – at about 110,000 to 120,000 barrels per day.

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ONCE AGAIN, IRAQ IS IN THE “RED ZONE” FOR BUSINESS AND INVESTMENTS

Economic expert Ziad Al-Hashemi confirmed today, Saturday, that Iraq is in the “red danger” zone in terms of business and investments.

Al-Hashemi said in a post on the “X” platform, “Iraq is once again within the (red danger) zone for countries with high risk to business and investments according to the Global Risk Index for the year 2025.”

He added, “This means that Iraq is still a dangerous country that repels investments and the entry of international capital and companies due to security risks, economic and political imbalances, the spread of corruption and armed groups!”

He continued, “It is clear that the Iraqi government and its political system have failed once again to improve Iraq’s economic image and remove it from the category of countries that are dangerous in terms of security and are struggling economically, contrary to official claims!”

He pointed out that “many of the government’s development programmes will remain just ink on paper due to the risks and difficulty of attracting investments and convincing financiers, especially strategic projects such as the Development Road Project!”

Al-Hashemi pointed out that “the Iraqi people were hoping for an improvement in Iraq’s security and economic ranking, but it seems that the government and its political system have let them down and let themselves down again and were unable to achieve this goal and other goals!”

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

                                             Just 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

February 20, 2025 Edition Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

February 20, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some news for you today.

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.

Okay, so this month there is just so far, a handful of blog subscribers that have come forward to let me know they appreciate the Mnt Goat Newsletter. This is out of 20,000+. How do I know you want me continue the Newsletter if you don’t show me and tell me? Is it because the current news is more negative than usual? Then you ignore me? Yes, more sobering that you like.

Instead, do you want me to lie to you and to hype you up for a daily dose of guru lies  intel? Is this only when you show your appreciation? I will say if this is the case then you really don’t belong on my blog anyway. I only tell the TRUTH and if this is hard to swallow than this blog is not for you.

You have to realize that in Iraq it is an uphill battle to overcome the entities that do not want Iraq to progress and mover forward. We have witnessed this constantly now since we got into this investment. I have presented so much evidence to you to show you what is really going on behind the scenes in Iraq and now actually coming out in the open. Remember the prophets told us that everything will be exposed and so it is. But with exposer, justice is also coming.

I recommend $10 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news, 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…. Enough said….. The future of the Newsletter depends upon all of you.

 Let’s all try to chip in!

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Acts 20:35

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

STATUS OF THE RV

Oh… this is VERY hard today in writing this Newsletter. Please don’t shoot the messenger!  How can I possibly make better all the recent negative news? Oh… you say you are having a hard time accepting reality? This sobering news I present I hope will wake people up to the reality of what is now happening in Iraq. But it can also change on a dime and probably will. I have to tell you the problems stem mostly from the US and it efforts not to support Iraq in a “real sense”. It appears they will go a long way to shoot off their mouths about their self-righteousness and humanitarianism but only to protect the US dollar and use their military bases and nothing else.  

But there is actually some good news too. Let’s explore both. I have put many of my commentary within the articles in the Articles Section today to shorten this Status of the RV section. I don’t want to write a book… lol.. lol.. lol.

😊 A sobering article in today’s news titled “A BURNING ECONOMIC DEBATE.. IS RAISING THE EXCHANGE RATE THE MAGIC SOLUTION FOR THE IRAQI ECONOMY?”. Sounds like a catchy title but I assure you if you read the full article, it is more negative thoughts about the dinar. The bad news is the deputy director of the CBI talks about lowering the “official” exchange rate to 2,000 – 2,500. I know it says raising in the title, but this is deceiving. They are using the literal sense of raising the numbers from 1310 to 2,000 – 2,500 dinars per dollar for the official CBI rate. They have not yet officially done it only debating it in the CBI.

Why are they contemplating this de-valuation of the dinar?

There is a shortfall of nearly $1.5 – 2.5 billion in oil revenues due to the oil being shut off from regions in Kurdistan in protest from not getting salaries paid correctly and the cost of extraction of the oil not appropriately accounted for in the budget amendment. This occurred during the weeks of ongoing debate to pass Law No. (4) of 2025 “First Amendment to the Federal General Budget Law. The Kurds simply shut off certain wells. Now they want their salaries but the Federal government in Baghdad is telling them they did not pump the oil to meet the budget as in the constitution. So, they are negotiating now how they are going to handle this payment. What they really need is the Oil and Gas Law to solidify these rules on the management of this oil. Kurdistan can not continue to disrupt the government as it has now and in the past every time it has a dispute.  

The author pointed out that “Iraq has reserves of nearly 120 billion dollars against a trading source estimated at 103-104 trillion dinars, which gives the Iraqi currency a cover of nearly 170%, which is not a small matter, but the relationship with the dollar requires adjusting the exchange rate to achieve the required balance.”

The author also adds “The real problem that hinders the rise of productive sectors, especially agriculture and industry, is related to the energy crisis, especially electricity, as this crisis leads to higher production costs, which prevents the development of these sectors,”. How many articles have we heard about this damned electric grid for Iraq. Now we see it again and the consequences of not having a secure 24/7 electric grid. How do you run the oil pumping stations, all the Point-of-Sale machines in the marketplace with electricity? How do the banks conduct electronic banking when electricity is unreliable?

So, we found out on Tuesday that is was the US itself that was hindering Iraq in getting this electricity problem solved. Go back and read the article. Don’t they want Iraq to progress? So, talk by the US is cheap and actions speak louder than words. Up to now I am convinced that it has been the US as one of the leading factors in holding back Iraq. I have given you so many examples already of what I mean by this statement. I am really getting sick and tired of all these stupid, ignorant intel gurus out there telling you Iraq and the all the four-letter agencies say they want the RV. No, they don’t and couldn’t give a damn about Iraq. Get it? The US has been the holdup, I assure you of this FACT! A decade ago, the CIA even came out in an article and told us that Iraq would be a detriment to the middle east if it were to develop into a wealthy super power. They told us that it must be contained. What the hell did this mean? Now we know. Folks it has been 20 years already and still Iraq is not rebuilt, still does not have their currency returned, and not yet reinstated on FOREX?

I find it very funny how investors to the IQD flock to it with grandeur stories of getting rich quick, comparing it to the Kuwaiti dinar reinstatement in the 1990’s. However maybe we should put on our “Big Boy” pants, get real and compare the IQD more appropriately to the Vietnam Dong.

So, let’s also take a look at the Vietnam Dong saga, as an example. Will Iraq have to wait much longer like Vietnam has since Vietnam is still without their normal lower denominations of Dong notes. They have been waiting since the Vietnam War was over in the early 1970’s. It has been over 50 years already for them and still, they use the large three zero notes. Why have they not revalued and did their Project to Delete the Zeros?

The reason can be summed up in one word – CORRUPTION. Vietnam launders the US Dollar for China. They also play a vital role in providing sweat shops for cheap labor for China owned companies. By keeping the rate low they are able to out produce most developed countries. This is why mimicked/copied products made in China are so cheap. It is that simple.

Yes, another stupid currency policy in spite of common sense. If you really wanted to hurt China and Vietnam for money laundering and sweat shops, you could revalue the currency to their real nominal value. This would hurt China and they would back off of using Vietnam so much this capacity. But these IMF currency policies seem to be all backwards and seem to support yet more corruption rather than stopping it. Sound familiar like they did also in Iraq with the dollar and currency auctions. Go figure!!!

If you play around with the dollar you are penalized. The US dollar is still King and when you play around with the King’s pawns, you get hurt. So, what is now happening in Iraq? They too are playing around with the King dollar and if they can’t fix this corruption soon it might also be a long wait for them too. Heck, it’s already been 20 years……. On the flip side of all this I don’t think the IMF, Word Bank or the CBI want to wait that long and are working diligently to fix the situation in Iraq. Perhaps they may bundle the Vietnam Dong too with the Iraqi dinar and so them both at once? But this will only happen with a sound monetary policy that changes the thinking of putting all currencies on a fair and level playing field. The currencies must be “Asset Backed” for their valuations. The prophets say that this is coming and we should be patient.

I also want to remind everyone of the video in one of my last Newsletters dated 02/18 of Steve Forbes and his speech on controlling the value of currencies. He specifically stated that it is not about focusing on the economy (which the Obama/Biden plan calls for) but instead looking at the non-monetary and monetary inflation signals when managing a currency. This is why the CBI has repeatedly told us their number one main concern is controlling inflation and not building the economy.

The Obama/Biden foreign policy also does not consider the billions of dollars in the DFI fund and the gold reserves. This wealth is not in the ground waiting to be tapped but liquid capital like collateral for the Iraqi economy. Like they told us many times already they can almost cover all of the dinar in circulation by 150% backed by their reserves alone. Can any developed country in the world claim this?

Do you see a conflict on plans here of how to develop Iraq – the CBI policy versus US foreign policy? Actually, this is what the uphill battle is all about that I keep talking about. What gives the US so much power to decide how Iraq will conduct its business? This idea that if you grow the economy inside Iraq it will supply most of Iraq’s needs, thus put the burden of lessening imports, thus less global trade is necessary thus less dollars used, thus the dinar will go up since the demand for dollars goes down to pay for the imports. What a silly notion. We go back to what comes first the chicken or the egg. But his is the Obama/Biden plan for Iraq and how to raise the rate of the dinar over the dollar. Get it?

Logically this may sound great if you nothing about finance and economics, but first I need to point out a country wants more trade both imports and exports. It’s called a balance of trade. Tariffs ensure the balance is maintained. Tariffs can also be a huge revenue source over time if more exports are realized. So, a country really does not want to dampen imports either as the Obama/Biden plan calls for.

If you are a financer and/or economists and really study how things work in the real world, it can be seen that be increasing the rate of Iraqi dinar will make it more valuable and thus more companies outside of Iraq will want it. Better yet if you reinstate the dinar on the global trading platforms. Thus, the amount of trade won’t even matter and the dinar will be more acceptable and it will decrease the demand for the dollar on its own. Alos don’t forget also that when the dinar is reinstated it will be repeg off the sole dollar peg and pegged to a weighted basket of currencies. So again, the Obama/Biden plan does not work and is senseless. The Obama/Biden plan will enslave the Iraqi economy forever. We will literally NEVER see the RV if this is the case. Get it?

So, the CBI plan will work, if only they let go of this stupid Obama/Biden plan and go ahead with the next step in the plan. The next step is the in-country RV with the Project to Delete the Zeros. Who will want the dollar when the dinar is more valuable in Iraq? The parallel market will not even really matter anymore either.  So, what is the breaking point? When will the pressure to change the foreign policy towards Iraq really happen. When will the US let go and let Iraq manage its own affairs?

So, as investors we muddle through these trying times. We wait to see what the new Trump administration will do to help or hinder this situation in Iraq.

😊Some good news is in the article titled “BRITISH AMBASSADOR: OUR VIEW ON IRAQ HAS BEEN FIXED FOR 30 YEARS, BUT NOW IT HAS CHANGED FOR THE BETTER”.  The British Ambassador to Iraq, Stephen Charles Hitchcock, confirmed today, Monday, that Iraq is a country of opportunities and investments, while expressing his optimism about the future of Iraq, due to the creativity, courage, dignity and endurance of the Iraqi people.”

It sems to me that the US is taking Iraq for granted meanwhile the British are stepping up and moving ahead with Iraq. Will the British be the ones to speak up and help change the US policy towards Iraq. This would surely benefit them.

😊 Some more good news is that ISSUE NO. (4814) OF THE IRAQI GAZETTE WAS PUBLISHED ON 2/17/2025. It included Law No. (4) of 2025 “First Amendment to the Federal General Budget Law of the Republic of Iraq for the Fiscal Years (2023-2024-2025) No. (13) of 2023.” Also they just told us the budget will not yet be open as there are technical issues yet to resolve with the Kurds. Like I told everyone that the RV rate will NOT EVER be in the budget and so many of these intel gurus told you it was and just went ahead telling this was an event that would trigger the RV. Well. it has happened days ago, the law is passed and in the gazette and still no RV. I assure you with 1000% certainty that this event is NOT going to trigger the RV. You would have to be a brainless idiot to think this would happen taking into consideration the current state what is happening with the dollar in Iraq. Yes, brainless idiot and I mean you TNT Ray and Tony Renfrow. Oh… this is going to be yet another weekend of waiting and watching for the RV then disappointment again on Monday. Then these brainless idiots move on  to more lies about a Wednesday RV and then the next weekend again. This brainless bullshit of his and other gurus has been going on for over a decade now.

I will conclude my commentary today by saying I await good news. We all should not give up on our prayers. In times like this we have to be extra diligent and pray. Yes, pray harder than ever and tell God what you want and need. There has to be a breakthrough soon. Iraq cannot continue indefinitely like this. They have set up the banking system for international transactions. Everything is actually in place to do business with the rest of the world. The only question is when (not if) will they complete the currency reform as planned. I also encourage everyone to continue following the news in the US about its reforms and fighting corruption as these reforms will also most likely also be reflected in changing the foreign policy towards Iraq to a more sensible and common sense approach and stop playing politics.  

Q & A

Question from skyline: Mtn. Goat Thank you for all you do for us Iraqi Dinar followers. I have been digging looking for the oil contract project being brokered between US Treasury and China. I’m hoping you can point me in the right direction of articles or where I can find more information on the deal.

Answer from Mnt Goat: Guten Tag Skyline. How are you today? Okay so this topic of China contracts is between the US Treasury and China. I have covered this topic a million times already in my blog. Are you a newbie? The agreement is NOT for you or any of us investors to read or see this agreement. In other words, you have to mind your own business, as I am told to tell my readers by the US Treasury! 😊 Your business is to ask for it at the banks and, if the special rate is still available, you should be offered it, but only if you ask for it. Please see the following LINK on this subject matter.

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

All I can say about these two prophesies today is WOW! This is actually already begun.

“A Systematic Change Is Coming To The Nations”.

Prophecy begins at the 16:13 mark.   

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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TRUMP WEIGHING ‘DOGE DIVIDEND’ TO SEND TAXPAYERS CHECKS WITH SAVED FUNDS

Trump has said this could be as high as $5,000 in 2025. This would be 20% of the DOGE savings back to American citizens and 20% to pay down part of the national debt for 2025 alone.

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EXPLAINED: TRUMP’S WILD PLAN FOR GAZA

Has President Trump finally gone over the top?

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THIS IS THE ‘SINGLE MOST CORRUPT’ ACT OF ANY US PRESIDENT

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DUMB AND DUMBER.

How do these people ever get elected. And more importantly keep getting re-elected?

Are the people in their districts dumb or dumber?

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THE PENTAGON FAILS FINANCIAL AUDIT SECOND YEAR IN A ROW.

This failed audit it going to give the Trump administration wood to the fire to fix the system. You can’t deny the FACTS.

 ‘FEARMONGERING’ DEMOCRATS OVER DOGE EFFORTS

What are the afraid will be exposed. In today’s Julie Green prophecy God tells us that DOGE has just begun to dig into the corruption and what will come next will amaze you and sicken you what they have been doing to America.

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DOGE JUST UNCOVERED $4.7 TRILLION IN UNTRACEABLE GOVERNMENT SPENDING

And you wonder why the federal deficit is so high? What did you get for all this money? Did you know the entire annual budget for the US government is only about $4.5 Trillion dollars.

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SHOCKING FRAUD DISCOVERED IN SOCIAL SECURITY

Social Security members with birthdates that out date our nation. Yes, longer than 249 years old. This only shows that someone input these FAKE members into the system using dead peoples IDs. The question looming is did the system actually pay out to these members and where did the payments go? This could be hundreds of billions of dollars yet the democrats are always claiming that social security will go insolvent in 5 more years. Well… did anyone bother to clean up the agency and the payout process?

But now it’s going to get done and all it takes is the political will to fix it. Maybe now we can have our appropriate and honest social security payments at the amounts we all earned over the years we have been paying into the system. Just saying….  

Thank You President Trump! Thanks Elon Musk for all the hard work.

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DOGE CLAIMS IT FOUND:  BILLIONS LINKED TO GOVERNMENT-ISSUED CREDIT CARDS

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SHOCKING SCENES AT USAID HEARING – CONGRESS MEMBERS STUNNED

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INSIDE FEMA’S SICKENING HISTORY OF MISSPENDING BILLIONS OF TAXPAYERS’ DOLLARS

Oh… but they can spend money on illegal immigrants but ran out of funding for NC hurricane victims, yes US citizens?

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FEMA SENT $59M LAST WEEK TO LUXURY NYC HOTELS FOR ILLEGAL MIGRANTS

This really get my goat…. when we watch US citizens suffer from hurricane disasters with very little FEMA support. Where is all the FEMA funds going? Well…. now you know. Remember that we didn’t have to have this illegal immigration crises so please don’t tell me to feel sorry for these homeless immigrants suffering in NYC. There has to be some rational for all this. Get it? Why create the crises in the first place? That’s my point.

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YES, ITS ALL JUST ABOUT COMMON SENSE!

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IS IT POSSIBLE TO ELIMINATE PROPERTY TAXES ON YOUR REALESTATE?

First of all, this has absolutely nothing to do with this NESARA or GESARA bullshit you may keep hearing about. Yes, I know it is on the original bill that did not even make it to congress for a vote. So the principle and concept is there. But some mysterious entity behind the scenes has nothing to do with the progress made in this direction so far.  

I already covered this nonsense in a prior Newsletter about NESARA and GESARA and how this group wants to take credit for every reform going on today. So, let’s get real today on this subject matter. There are lots of ordinary, honest people working very hard to make a difference to help expose and make this change in how revenue is generated to fund the government at the local level. Yes, the government still somehow has to be funded. There is no magical group behind the scenes that is going to make this change for you. It all takes dedication and hard work. There are alternatives to the property tax that may in fact generate even more revenues to run out municipalities.

There are already several states working on legislation to eliminate these Property Taxes. We see especially Texas, North Dakota and now Florida working on this issue. I am sure there will be many more states to follow. Will there be just RED states or will BLUE states also get on the bandwagon? It is the hope that more states will follow this trend as time progresses. Remember as a home owner it is up to you to pressure the government as it is not going change without your input. Do you want this change bad enough?  

If you look at the numbers, public education is one of the highest draw on revenues generated from property taxes. In this video today they explain some of the simple ways that government can fund public education and other local expenditures without taxing your home each year. It also exposes more wasteful spending in the cost of public education versus private schools. Why do public schools cost twice and something three times as much? I sure that if someone would do the digging like DOGE is doing at the federal level we will expose a lot of wasteful spending and probably much corrupt money too. So the first task is to streamline the spending. Remember the less revenue needed the less that needs to be funded.

I also need to point out that this video does NOT talk about property taxes of personal vehicles. This is another issue that needs addressing. Why do we keep getting taxed on our vehicles? We already paid a sales tax on it when we purchased it. Some states do not tax vehicles while others do. Why is this? Can the states that do tax, work with states that don’t tax to research to find ways to eliminate it or shift this revenue generation? Again, we must streamline the Department of Motor Vehicles. Are they already too big? Anything is possible and it all begins with you, the citizen getting involved.

I also want to point out that this video was presented by an ordinary citizen trying to make a difference. Are you going to be part of the PROBLEM or part of the SOLUTION?

Watch this video first:  

How Can You Help?

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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FA BURNING ECONOMIC DEBATE.. IS RAISING THE EXCHANGE RATE THE MAGIC SOLUTION FOR THE IRAQI ECONOMY?

An ongoing debate among economists in Iraq about the effects of adjusting the exchange rate of the Iraqi dinar against the US dollar on the national economy, especially in the fields of agriculture and industry.


The opinions of experts and officials vary between supporters and opponents of changing the exchange rate, with a focus on how this will affect the productive sectors and the overall economy.


In 2020, the Central Bank of Iraq decided to adjust the exchange rate of the dollar against the dinar, as the purchase price of the dollar from the Ministry of Finance reached 1,450 dinars, while its selling price to banks was set at 1,460 dinars, and to citizens at 1,470 dinars per dollar.


In February 2023, the Central Bank of Iraq announced another adjustment in the exchange rate, to become 1,300 dinars per dollar, as the decision came in an attempt to control inflation and achieve stability in the general price level.

Protecting the Iraqi Dinar
In turn, economic expert Alaa Al-Fahd believes that “the current exchange rate represents a balance that protects the value of the Iraqi Dinar and maintains the general price level, which helps protect the poor classes.”


“The main reason behind the rise in production costs is due to the rise in energy prices, not the exchange rate,” he told Iraq Observer.


“The real problem that hinders the rise of productive sectors, especially agriculture and industry, is related to the energy crisis, especially electricity, as this crisis leads to higher production costs, which prevents the development of these sectors,” Al-Fahd added, noting that “countries like China have a low exchange rate for their currency, and despite that, their industry is thriving, which means that the decline in the currency may be an opportunity for the growth of local production, and not necessarily an obstacle to development.”


Historically, the Iraqi dinar has witnessed fluctuations in its value. In 1980, the dinar was equivalent to 3.3 US dollars, but its value deteriorated during the Iran-Iraq war, falling to about 4 dinars to the dollar in 1988. After the invasion of Kuwait and the imposition of an economic blockade in the 1990s, the value of the dinar deteriorated significantly, reaching about 3,000 dinars to the dollar in 1995.

Raise the exchange rate
On the other hand, Deputy Governor of the Central Bank of Iraq, Ihsan Shamran, believes that “industry will not rise unless the state finds itself in it, and neither will agriculture unless the exchange rate is changed, as the current rate is unfair, and the Iraqi exporter sells goods at any price and makes a profit because the dollar is very cheap.”

Shamran added in a press statement that “the cheap dollar is pushing some exporters to sell any commodity inside Iraq in exchange for the dollar, as the exchange rate should be between 2,000-2,500 dinars per dollar, considering that the Iraqi currency is very strong due to its high balance.”


He pointed out that “Iraq has reserves of nearly 120 billion dollars against a trading source estimated at 103-104 trillion dinars, which gives the Iraqi currency a cover of nearly 170%, which is not a small matter, but the relationship with the dollar requires adjusting the exchange rate to achieve the required balance.”

Experts have differed on the impact of these amendments on the Iraqi economy. While some believe that devaluing the dinar enhances the competitiveness of local products and reduces the budget deficit, others believe that it leads to higher living costs and negatively affects low-income groups.


Economists believe that the real problem lies in the structure of the Iraqi economy and its heavy dependence on oil, in addition to challenges related to energy and infrastructure, which hinder the development of other productive sectors.

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BRITISH AMBASSADOR: OUR VIEW ON IRAQ HAS BEEN FIXED FOR 30 YEARS, BUT NOW IT HAS CHANGED FOR THE BETTER

The British Ambassador to Iraq, Stephen Charles Hitchcock, confirmed today, Monday, that Iraq is a country of opportunities and investments, while expressing his optimism about the future of Iraq, due to the creativity, courage, dignity and endurance of the Iraqi people .

Hitchen said in a speech during the economic conference of the Iraqi-British Business Council, “My mission will end in two weeks, and it is natural for us to start thinking about what conclusions we can offer, and I share with you several ideas after a beautiful experience with you in Iraq. I am optimistic about the future of your country, and the source of optimism is the creativity, courage, dignity and endurance of the Iraqi people .”

He added, “Despite the challenges and problems, you can see that the trend towards the future is more positive in the current year 2025, and this is better than the situation in 2020, which was better than 2015, which was better than 2007, and the trend towards the future is clear and the existence of challenges cannot be ignored or denied, and you know the size of the challenges ahead of you .”

He continued, “For 30 years, British ministers viewed Iraq as a country of crises, a dangerous region and a security challenge. Now, for the first time, we have changed our ideas and see Iraq as a country of opportunities and investments,” indicating, “The presence of our embassy in Iraq is not because of the past, but because of the future, and this is a turning point in our ideas .”

He explained, “The Iraqi government is responsive to our ideas and we have a contact group for the Iraqi economy which includes the  G7   and the World Bank,” explaining, “We spoke with government advisors with the aim of unifying economic ideas .”

He added, “Prime Minister Mohammed Shia al-Sudani’s recent visit to London was to renew trade relations and announce projects worth 12 billion pounds sterling, and we have coordination and cooperation with the Prime Minister’s Office to implement these projects in the coming period .”

Hitchen concluded by saying, “The most important existential challenge is not ISIS or regional problems, but the demographic and economic situation before you. We expect, over the next 15 years, a decline in the price of oil and an increase in the population, as in 2003 there were 23 million people, now there are 46 million people, and in 2040 the number will reach 70 million people, and this is a big challenge.”

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ISSUE NO. (4814) OF THE IRAQI GAZETTE WAS PUBLISHED ON 2/17/2025.

2025-02-18 10:28:00

– Law No. (1) of 2025 “Amending Personal Status Law No. (188) of 1959.”

– Law No. (2) of 2025 “Second Amendment to General Amnesty Law No. (27) of 2016”.

– Law No. (3) of 2025 “Cancelling the decisions of the (dissolved) Revolutionary Command Council and returning the properties to their owners.”

– Law No. (4) of 2025 “First Amendment to the Federal General Budget Law of the Republic of Iraq for the Fiscal Years (2023-2024-2025) No. (13) of 2023.”

– Regulation No. (3) of 2025 “The first amendment to the Civil Airports Wages System No. (6) of 2018 issued by Cabinet Resolution No. (67) of 2025.”

– Instructions No. (1) of 2025 “Implementing the Second Amendment Law to Amnesty Law No. (27) of 2016, effective from the date of voting on it in the Iraqi Council of Representatives on 1/21/2025.”

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AL-NUSAIRI: NO SANCTIONS ON IRAQI BANKS, AND FALSE REPORTS CAUSE PANIC

(We must all stop the fear mongering and stick to the FACTS. What did the CBI say about this?)

The advisor to the Iraqi Private Banks Association, Samir Al-Nusairi, confirmed that there are no sanctions on Iraqi banks, stressing that the US Treasury Department and the US Federal Reserve have not issued any decisions to impose new sanctions, and that the information circulating in this regard is inaccurate and aims to create confusion in the Iraqi market.

Al-Nusairi said in an interview with the Rudaw media network, which was followed by Al-Eqtisad News, “There are no sanctions and no sanctions have been issued. The evidence is the statement issued by the Central Bank of Iraq yesterday, which clarified the results of its discussions with the US Treasury Department and the US Federal Reserve, in the presence of global auditing and consulting companies operating in Iraq, and the meeting was held in Dubai.”

The advisor to the Private Banks Association believed that “the official statement issued by the Central Bank of Iraq must be adopted, because it confirms the transparency of the Central Bank of Iraq, as well as the transparency of international financial and auditing organizations and institutions, including the US Treasury and the US Federal Reserve.”

He noted that “this statement included praise from the US Treasury Department and the US Federal Reserve for the development of the cash dollar distribution system in Iraq, according to the mechanism established by the Central Bank of Iraq in 2024, which has proven effective in reducing manipulation and dollar smuggling, and has been classified as one of the most advanced systems in the world.”

Updating foreign transfer mechanisms and market control 

Regarding the mechanisms of foreign transfers, Al-Nusairi explained that the Central Bank of Iraq “achieved a qualitative shift in foreign transfer operations, as it began working on January 1, 2025 with a new mechanism that relies on opening accounts for Iraqi banks with global correspondent banks in America and China, instead of the previous electronic platform.”

Al-Nusairi criticized the unspecialized media and unspecialized analysts who published misleading information about the alleged sanctions on Iraqi banks, saying: “They have been annoying citizens for two days with false claims that there are sanctions on five Iraqi banks, and that the number of sanctioned banks will reach 37 banks. They even went so far as to promote false information about the sanction of Rafidain Bank, without relying on any official source.”

He considered that “the official source in Iraq is the Central Bank of Iraq, in addition to the consulting and auditing companies and organizations that we deal with, and our ongoing relations with the US Treasury Department and the US Federal Reserve.”

Yesterday, the Central Bank of Iraq denied that Iraqi banks were subject to international sanctions, calling for “reliance on official channels to know the latest news,” after media reports indicated that the US Treasury intended to impose sanctions on 5 Iraqi banks, without specifying their names.

Banking sector reform and adherence to international standards

The methodology of financial and banking reform pursued by the Iraqi government and the Central Bank is proceeding according to a fixed plan, Al-Nusairi said, adding: “There are no sanctioned banks, and the US Treasury has not announced any Iraqi banks subject to sanctions.”

He stressed: “The Central Bank of Iraq is the body responsible for protecting the financial system in Iraq, and any decision issued by any international body, whether from the US Treasury Department, the US Federal Reserve, or any other organization, regarding a penalty on any bank, the Central Bank of Iraq will immediately take measures to stop it, transfer this penalty, and stop its dealings.”

He added, “Protecting the Iraqi financial system is a top priority for the Central Bank and the government, and cannot be compromised.”

Number of banks subject to dollar restrictions

He recalled that the number of banks whose use of the dollar has been restricted amounts to 28 banks since 2022, 2023 and 2024, in addition to 4 banks that were sanctioned by the US Treasury Department (OFAC), bringing the total number to 32 banks, “all of which were audited by international consulting firms such as Ernst & Young, Quito and Oliver Wyman, and none of them were proven to have violated instructions or dealt with countries subject to sanctions.”

In March of last year, the Central Bank of Iraq and the US Treasury agreed to review sanctions imposed on Iraqi banks, according to a statement issued by the bank at the time. 

The agreement came after Iraq asked the United States in February to reconsider imposing sanctions on 21 Iraqi banks, noting that the reasons behind imposing such sanctions were not stated.

But “Iraqi banks restricted from dealing in dollars are currently working to correct their situation and adhere to international standards, which was praised by the US Treasury and the US Federal Reserve during the last meeting,” the advisor to the Private Banks Association pointed out. 

The US measures led to a decline in the value of the Iraqi dinar against the dollar, as the official exchange rate is 1,320 dinars to the dollar, while it is traded in the parallel market at about 1,500 dinars.

New mechanism for foreign transfers according to international standards

The advisor to the Association of Private Banks noted that the Central Bank of Iraq “has moved since January 1, 2025 to a new mechanism for foreign transfers, whereby operations are carried out directly between the bank that has a correspondent bank and the correspondent bank itself, while regulatory authorities, such as the US Federal Reserve and the US Treasury Department, audit the transfers after they are sent, and not before that as was previously the case.”

He explained that “the Central Bank no longer carries out executive procedures for transfers, but rather its role has become focused on economic stability and monetary policy, in accordance with international standards and with high transparency, which strengthens the pillars of monetary policy.”

The Iraqi economy has moved from the stage of “fragility

Al-Nusairi touched on the strength of the Iraqi economy, noting that “according to reports from the World Bank and the International Monetary Fund, the Iraqi economy has moved from a stage of fragility to a stage of recovery, and these are international reports based on transparent and accurate data.”

In response to a question about the availability of dollars to traders, the advisor to the Private Banks Association stated that “the dollar is available to all traders and companies in Erbil, Sulaymaniyah and all Iraqi governorates, according to legal banking procedures, but any trader who has not registered his company or works in retail trade without complying with banking standards will be held legally accountable.”

He stressed that “the Iraqi dinar will regain its strength and the exchange rate will return to balance sooner or later, but that depends on completing the methodology of financial and banking reform, and addressing the issue of the remaining cash use of the dollar in the market.”

Regarding the strength of the local currency and the amount of liquidity, he explained that “the Iraqi dinar is fully backed and covered by the US dollar, with a cash reserve exceeding $117 billion, while the local liquidity issued exceeded 100 trillion dinars, which means that the Iraqi economy is solid and solid, despite the regional and global political and security challenges.”

Reform and reduce the number of banks

In conclusion, Al-Nusairi pointed out that “Iraq currently has 72 private banks and 7 government banks, but there are plans to reform the banking sector in cooperation with international consulting firms such as Ernst & Young and Oliver Wyman, which may lead to reducing the number of banks and merging some of them so that the final number becomes more in line with the size of the Iraqi economy.”

He explained that “the number of banks may decrease to 40 banks or less, to match the actual needs of the Iraqi market.”

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IRAQI OIL MINISTER: KURDISTAN OIL EXPORTS TO RESUME ‘WITHIN A WEEK’

Iraqi Oil Minister Hayan Abdul Ghani said on Monday, February 17, 2025, that Baghdad and Erbil are putting the final touches to begin “receiving and exporting oil” from the Kurdistan Region “within a week.”

The minister added: “We have agreed with the region’s (authorities) to receive no less than 300,000 barrels (per day) from the region’s fields, to export them through the Turkish Ceyhan port,” according to what was reported by Agence France-Presse.

The Federal Oil Minister indicated that a delegation will head from Baghdad to Erbil on Tuesday “to negotiate a mechanism for using oil,” stressing that “its export will resume within a week.”

In a speech during a conference attended by Abdul Ghani, he said, “The budget law has been amended to receive and export the Kurdistan Region’s oil through operating the (Iraqi-Turkish) pipeline, to activate this outlet after a halt of nearly a year and a half, and arrangements are now being made by all parties to implement this.”  

Kurdistan Region oil exports through the Turkish port of Ceyhan have not resumed since Turkey closed the pipeline in 2023, after an arbitration court ordered Ankara to pay about $1.5 billion in compensation to Baghdad for transporting oil from the Kurdistan Region without the Iraqi government’s approval.

The value of the losses resulting from the halt in the region’s oil exports amounted to $20 billion, according to estimates published by the Kurdistan Region Oil Industry Association (APICOR) last September.

The Kurdistan Region of Iraq was exporting 450,000 barrels of oil daily through the Turkish port of Ceyhan, without the approval of the federal government in Baghdad. Exports stopped in March 2023 after an international arbitration panel ruled in Baghdad’s favor, banning any exports of the region’s oil except through the federal government’s state oil company (SOMO).

The Iraqi parliament approved an amendment to the general budget early this February to settle the dispute between the region and the government in Baghdad over receiving the region’s oil. The amendment stipulates paying “compensation” to the Kurdistan Regional Government for the cost of producing oil and transporting it to the federal government.

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GOVERNMENT ADVISOR STRESSES IMPORTANCE OF GOLD TRADE GOVERNANCE TO SUPPORT CURRENT ACCOUNT OF BALANCE OF PAYMENTS

A government advisor stressed the importance of governing the gold trade to support the current account of the balance of payments.

The financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, told Al Furat News Agency that “adopting advanced industrial protection policies will have a positive impact on the quality of the national gold product and the stability of its prices.” 

He pointed out that “this step will enhance the protection of one of the most important pillars of the national and household economy, with a direct and positive impact on the current account of the balance of payments.”

Saleh explained that “regulating the import and re-export of unprocessed gold will contribute to achieving added value for the national economy,” stressing “the importance of close supervision by the competent authorities to ensure that the movement of gold is limited within the framework of an economically organized trade with high returns and sound governance.”

The Industrial Coordination Council had approved in its meeting the day before yesterday, Sunday, the localization of the precious metals industry, including gold and jewelry, in addition to cosmetic products, with instructions to provide all necessary facilities for those wishing to establish their own factories. It was decided to monitor the quantities of gold exported abroad, through controls that determine the quantities remanufactured, and to submit documents to the Central Bank that secure the value of the exported quantity, and to return the quantity after completing its manufacture to the country, under the supervision of the Central Bank.

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48 SUMMONS AND ARREST WARRANTS AGAINST MINISTERS AND THOSE OF SIMILAR RANK DURING 2024

(When are the summons and arrests going to begin in the US for all their corruption being found?)

The Federal Integrity Commission disclosed, on Monday, its annual report on its overall “achievements” in the year 2024 in all of Iraq except the Kurdistan Region.

The Commission stated in a statement received by Shafaq News Agency that it was able to reveal the prevention of waste and preservation of nearly 950 billion Iraqi dinars and nearly 9 billion US dollars during the year 2024.

The Authority also considered 71,823 reports and criminal cases and issued 19,683 arrest, summons and detention orders.

She pointed out that, in cooperation with the judiciary, 48 summons and arrest warrants were issued against ministers and those of similar rank, and 418 warrants were issued against those with special ranks.

The Commission stated that the accused referred to the court of subject matter are 12,994 accused, including 18 ministers and those of similar rank.

(So you see the US is not the only country cleaning out the corruption and the corrupt officials.)

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AL-SUDANI INAUGURATES THE DIGITAL TRANSFORMATION CENTER: IT WILL REDUCE FINANCIAL COSTS AND FIGHT CORRUPTION

Prime Minister Mohammed Shia Al-Sudani inaugurated the Digital Transformation and Automation Center on Monday, while stressing that the contact between the citizen and the employee is a source of procrastination, and digital transformation will overcome the most important obstacles, in addition to reducing financial costs and fighting corruption.

Al-Sudani’s media office said in a statement received by Shafaq News Agency that the latter “opened the Digital Transformation and Automation Center at the headquarters of the Ministry of Higher Education and Scientific Research, and toured the center, and reviewed the new mechanism for adopting automation and ending paperwork, in implementation of the government’s vision in implementing administrative reform, simplifying procedures, and eliminating bureaucracy and routine.”

He added that ” the Supreme Committee for Digital Transformation was formed under the chairmanship of the Prime Minister and the membership of the relevant ministers, so that the transformation would be an effective decision and not limited to separate steps. It was also decided, based on a study submitted by a technical committee, to establish a (National Center for Digital Transformation) and a (National Center for Cybersecurity).”

Al-Sudani stressed, according to the statement, that “ all transactions, starting from the application procedures for students, up to acceptance, and the transactions of employees and citizens, are moving towards digital transformation, and this includes 2,500 employees working at the ministry’s headquarters, which constitutes a turning point and an achievement for the ministry, indicating that converting citizens’ requests to electronic form will make the process easier in various applications.”

Al-Sudani continued : ” The government program confirmed that the current government is a government of service, and it is directly linked to the digital transformation . We do not want the digital transformation to be just a media show , but the citizen must feel the changes in the service he receives.”

He pointed out that ” we must move within 3 years to the level of an independent body or ministry concerned with digital transformation and cybersecurity , and the plans do not prevent ministries from taking the initiative to improve their service towards digital transformation in order to improve the service provided to the citizen ,” adding that ” the contact between the citizen and the employee is a source of procrastination, and digital transformation will overcome the most important obstacles, and digital transformation provides direct service , reduces costs, and fights corruption .”

He added, ” The more we are able to improve this service and facilitate it for the citizen, the more we will have achieved the slogan of service and follow-up of work, and we will join the world in the field of artificial intelligence and qualitative leaps, and all efforts must be made in the field of electronic transformation and keeping pace with global scientific development .”

He pointed out that ” young students have the capabilities and willingness to make efforts in the field of development , digital transformation and the use of artificial intelligence , and we must choose the qualitative specializations required in the labor market that prepare human capital for the digital transformation process .”

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UPCOMING US SANCTIONS THREATEN 15 IRAQI BANKS DUE TO CURRENCY SMUGGLING!

(Only 5 Iraqi banks were limited form the US dollar not 15. Also these are NOT US sanctions on restrictions by the CBI. So this article has it all wrong! ☹ Even the CBI director told the new media to stop calling them sanctions.)

In a surprising development, press reports confirmed that the US Treasury Department is preparing to impose new sanctions on more than 15 banks in Iraq, including private and government banks, in a move aimed at combating currency smuggling, which has recently become a controversial issue.

These sanctions come at a sensitive time for the Iraqi economy, which is already facing significant challenges in the currency and finance sectors. According to sources, the US government is targeting these banks for their involvement in foreign currency smuggling, which threatens the stability of the Iraqi economy and further depreciates the value of the dinar.

REASONS BEHIND SANCTIONS

US officials believe that many Iraqi banks have indirectly contributed to currency smuggling by transferring money out of Iraq illegally, which has led to a shortage in the country’s foreign currency reserves. On the other hand, these operations contribute to facilitating the financing of illicit activities, which include financing armed groups or smuggling money to other countries.

Despite warnings from Iraqi authorities about the negative effects of these sanctions, the United States appears to be moving forward with this step in response to the escalation of these activities.

IMPACT OF SANCTIONS ON IRAQI BANKS

If the sanctions are confirmed, the Iraqi banks involved could face significant difficulty in dealing with the international financial system. This means that banks could have their accounts frozen or be prevented from conducting international transactions, which would negatively affect the ability of Iraqi companies and individuals to deal with international banks. (but only if they illegally deal in US dollars. Let’s not exaggerate!)

These sanctions are likely to be an additional blow to the Iraqi economy, which suffers from a lack of investment and weak trade exchanges. But they may also be an opportunity for the Iraqi financial system to correct and move towards improving financial supervision. (Not really as importers can still go to other banks for the dollars.)

THE ROLE OF THE IRAQI GOVERNMENT IN DEALING WITH SANCTIONS

The Iraqi government is expected to exert significant pressure to curb currency smuggling, by strengthening oversight of the banking system and taking strict legal action against banks involved. These measures may include restructuring the financial and banking system and imposing new laws that ensure compliance with international standards.

CONCLUSION

US sanctions (CBI restrictions) on Iraqi banks raise many questions about the future of the Iraqi economy and relations with major powers. While the United States seeks to combat currency smuggling, the challenges facing Iraq may require radical internal solutions to ensure the stability of the financial system and open new horizons for economic growth away from these international pressures.

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EXCLUSIVE: FIVE IRAQI BANKS TO BE BANNED FROM US DOLLAR TRANSACTIONS

By Maha El Dahan and Ahmed Rasheed

February 16, 2025

DUBAI/BAGHDAD, Feb 16 (Reuters) – Iraq’s central bank will ban five more local banks from engaging in U.S. dollar transactions, a move that comes after meetings with U.S. Treasury officials in efforts to combat money laundering, dollar smuggling and other violations, two sources with direct knowledge of the matter told Reuters on Sunday.

The move comes after meetings in Dubai last week between officials from the Central Bank of Iraq – which last year already banned eight banks from U.S. dollar transactions – and U.S. Treasury and Federal Reserve officials, one of the sources said.

(Ok, so it’s not 15 banks, only 5 from engaging in US dollars. These are the CBI restrictions and NOT US sanctions imposed on the banks in Iraq. I repeat NOT US sanctions! Many of these Iraqi news media outlets luv to exaggerate and tell you these are US sanctions. This is called FAKE news. Yes, even in Iraq.)

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FINANCE MINISTRY DENIES, HOURS AFTER DOCUMENT LEAK, ANY “MAJOR DEFICIT” IN SALARY FUNDING

(Kurdistan just had major oil wells shut off for almost 3 weeks. That was the cost of their salaries that normally would be sent to them by the Baghdad government. What the hell do you think is going to happen? OF course there is going to be shortfall in the salaries. Of course this will have an impact. The budget, which relied on this revenue of this $2.5 billion dollars is now short.

What do you think will happen? This again is why they desperately need the Oil and Gas Law. You can see why the Kurds pay games in getting this law passed. It always gives them leverage instead of something to complain about and hold back oil. I call this a “dysfunctional” government. This law should be rock solid and passed a decade ago or more.)

The Ministry of Finance denied the existence of a liquidity crisis just hours after the spread of an official document issued by the ministry confirming that there is a “large deficit” in financing salaries, after months of denial and refutation of reports regarding the financial situation in the country.

According to representatives and specialists, the “US sanctions” on banks have exacerbated the crisis, in addition to the high debts and the size of salaries that have doubled significantly over the past two years.
The Iraqi Ministry of Finance announced yesterday, Tuesday, the start of financing the salaries of state employees for the current month of February.

According to a statement by the ministry, “the Accounting Department of the Ministry of Finance is beginning to finance the salaries of state employees for the current month of February, in accordance with the approved financial procedures and allocations allocated within the General Budget Law.”

The ministry affirmed “its full commitment to disbursing the dues of employees, retirees and those covered by the social protection network according to the specified timetables, without any delay or shortage in funding.”
The ministry also categorically denied, according to the statement, the existence of any financial deficit affecting salary expenses, stressing the continuation of work to ensure the stability of the financial policy and the provision of dues according to the approved plans.
Just hours before the statement, an official correspondence dated February 9 was leaked to the media on Tuesday, indicating a “major deficit” in securing salaries, in an official letter between the Ministry of Finance and the Prime Minister’s Office, signed by Finance Minister Taif Sami, regarding the permanent appointment of meter readers’ contracts.

According to the official letter, the Iraqi Ministry of Finance responded to the Prime Minister’s request to appoint a new batch of permanent contractors to the Ministry of Electricity.

It stated: “If the inclusion of a text regarding the permanent appointment of meter readers’ contracts in the Ministry of Electricity is approved, this will lead to the state’s general treasury bearing additional financial burdens, and will lead to the rest of the ministries being asked to do the same, at a time when the treasury is suffering from a major deficit in financing salaries, pensions, and the social safety net.”

In February, the parliamentary finance committee confirmed that the salaries of all employees and retirees for the year 2025 are fully secured.
Member of Parliament Rafiq Al-Salihi explained that there are guarantees from the government in this regard, calling on official bodies to confront the rumors.

Another member of the committee, Jamal Koujar, said that the salaries of all employees, retirees, social welfare and other categories are fully secured during the current year, and there are no concerns about them, as rumored. Press reports had quoted other MPs and officials warning of a “liquidity crisis” and saying that “the treasury is empty.”


Last December, the head of the parliament’s finance committee, Atwan Al-Atwani, said that Finance Minister Taif Sami confirmed that employees’ salaries are secured through 2025.

The Ministry of Finance had denied, at the end of last year, that there was a shortage of liquidity, stressing that it was committed to the process of financing salaries.
The ministry said in a statement: “The information circulating on social media claiming that it has apologized for disbursing state employees’ salaries this month due to a shortage of liquidity is completely incorrect and has no connection to reality.”


It stressed that it is “fully committed to the process of financing employees’ salaries, as the Accounting Department has financed the salaries dues of ministries, governorates and non-affiliated entities for the current month of December according to the schedules specified for each of them, and it is continuing its efforts to ensure the continuity of disbursing financial dues without any delay or interruption.”


The ministry called on all media outlets and social media users to “exercise accuracy and caution in transmitting information, and to verify the sources of news before circulating it,” noting that “its doors are open to respond to any inquiries through official channels.”

Bankruptcy…
Since Donald Trump, the US President, won the elections last November, warnings have escalated of “economic sanctions” that could paralyze the financial situation in Iraq.
Sources for (Al-Mada) revealed that the US is closely monitoring a “plan to finance” the Lebanese Hezbollah with Iraqi funds (in US dollars), for the party that is suffering from a severe crisis in securing salaries.
The Central Bank of Iraq had denied the news circulating about sanctions against 5 new Iraqi banks accused of smuggling dollars to Lebanon and Iran.

Member of the Parliament’s Finance Committee, Mustafa Al-Karaawi, believes that any sanctions issued against banks will cause a problem in the flow of dollars, and thus halt domestic economic activity.


Al-Karaawi confirmed, in televised statements, that “in the event of obstacles or problems in the issue of currency conversion between the Iraqi dinar and the dollar, a problem may arise in supplying the currency to the Ministry of Finance.”
The Central Bank is working, through ongoing negotiations with the United States, to develop the financial and banking system in the country, according to an official statement.


Mishaan Al-Jubouri, a former MP, expects that US sanctions on the Iraqi banking system “will escalate.” Al-Jubouri said in a tweet on “X” that US sanctions on banks and “factions” are not just threats “but seem inevitable in the coming months.”
Member of the Finance Committee Mustafa Sand previously warned of a severe liquidity crisis in Iraq.


He said in statements that current indicators do not provide clarity on whether “salaries are secured or not?” He stated that “what is in the government’s hands is not only zero, but negative, as we face a deficit of 29 trillion dinars required to pay debt installments and interest during this year alone.”


He added: “Last year, we did not pay a single dinar of internal obligations, which means that we face doubling interest, and we will not obtain new loans easily, as the Ministry of Finance and banks will work to reschedule the debts for the year 2026, which places the responsibility on the next government.”


Amid this crisis, Hanan Al-Fatlawi, a representative of the State of Law, wondered in an official letter about the reasons for increasing the salary of the President of the Republic from 20 million to 27 million per month? The government paid 81 trillion dinars in salaries and subsidies within the safety net during the past year, until last November, according to economics professor Nabil Al-Marsoumi, in a series of posts on Facebook.

Al-Marsoumi said that the Central Bank of Iraq revealed an increase in Iraq’s internal debt by 2%.9% to reach 81 trillion dinars for the month of November 2024, compared to the previous month, which reached 78.77 trillion dinars. According to Al-Marsoumi, the Central Bank should have disclosed the annual, not monthly, growth rate of domestic debt, which rose from 70.6 trillion dinars in 2023 to 83.049 trillion dinars at the end of 2024, at an annual growth rate of 17.5%.

(If you are pumping more oil than the cost of extraction goes up. Also Iraq has to rebuild its infrastructure and that too is a cost. This is actually a good sign not bad. But remember that Iraq can not take on debt that exceeds a percentage of the CBI reserves. If they follow this law there is no way they can ever go broke and crash the economy.)

The Minister of Reconstruction, Benkin Rikani, had posted a provocative comment on social media about the liquidity crisis in Iraq. Benkin responded to a question from a commenter on his Facebook page, who asked him to pave a street in eastern Baghdad, in colloquial language: “By God, we have no money.”

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TÜRKIYE: WE HAVE NOT RECEIVED INFORMATION FROM IRAQ TO RESUME KURDISTAN REGION OIL FLOWS


The Turkish Energy Minister said that his country has not yet received information from Iraq regarding the resumption of oil flows from the Kurdistan Region of Iraq. Oil Minister Hayan Abdul Ghani said last Monday that oil exports from the Kurdistan Region of Iraq will resume within the next week.

Turkey halted oil flows in March 2023 after the International Chamber of Commerce ordered Ankara to pay Baghdad $1.5 billion in compensation for unauthorized oil exports to the Kurdistan Regional Government via pipelines between 2014 and 2018.

Abdul Ghani told reporters, “Tomorrow, a delegation from the Ministry of Oil will visit the Kurdistan Region to negotiate the mechanism for receiving and exporting oil from the region. The export process will resume within a week.”

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AL-SUDANI: THERE IS A DISCOURSE DIRECTED AGAINST THE SITUATION IN IRAQ AND THE COMMUNITY MUST CLARIFY THE PICTURE

Prime Minister Mohammed Shia al-Sudani said today, Thursday, during his meeting with a number of Iraqi Christians residing in the US state of Michigan, that there is a discourse directed against the situation in Iraq, stressing that the Iraqi community has a responsibility to clarify images of peaceful coexistence in Iraq.

Prime Minister Mohammed Shia Al-Sudani received today, Thursday, a group of members of the Iraqi community in the US state of Michigan, from the Iraqi Christian spectrum.

His Excellency welcomed the attendees, referring to the Christian sons of Iraq and their high patriotism and adherence to their country. He stressed that the government looks at all components with justice and without discrimination, and is working to address the negative effects resulting from terrorism that targeted all Iraqis, with the aim of dismantling societal peace and creating division among members of society.

His Excellency also pointed out that the ISIS terrorism page united all Iraqis who lined up to stand against it and thwarted the terrorist plans. He reiterated that the government’s mission is focused on providing reasons for the return of Iraqis from abroad, especially the Christian component. Efforts are also continuing to enhance consensus among all components in the areas that need to be reconstructed and that were destroyed by terrorism, indicating that the government has taken several measures and decisions that serve and address the situation of Christians in their areas.

The following are the highlights of the Prime Minister’s speech:

The war on terrorism has disrupted development and delayed reconstruction efforts, and this has been a challenge faced by the government.

Our government assumed its responsibility under exceptional circumstances, and we focused on erasing the effects of the delay in providing services throughout Iraq.

We decided to establish a fund to rebuild Sinjar and the Nineveh Plain, and efforts are continuing to stabilize the population and provide services to them.

We put forward several projects in the Nineveh Plain Reconstruction Fund to serve those areas, and “Telkeef” and “Al-Hamdaniya” were outside the scope of the Fund’s work, so we presented a package of service projects to serve them.

We have submitted a draft law on international crimes, laws to protect diversity, and a strategy to criminalize and combat hate speech and racism, which gives reassurance to all Iraqi components.

We want to preserve the cultural and religious diversity that is a source of social wealth for Iraq.

We call on Iraqi Christian businessmen to participate in the development movement throughout Iraq.

Baghdad and all of Iraq are witnessing unprecedented development and commercial activity, and we invite businessmen to invest in the fields of hotels, restaurants and shopping centers.

There is a discourse directed against the situation in Iraq, to ​​distort the image of the state and the government, in an attempt to hinder state building and destabilize.

The Iraqi community has the important responsibility of clarifying the images of peaceful coexistence in Iraq between all components, and the historical depth of this coexistence.

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

                                             Just 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

February 18, 2025 Edition of Latest Mnt Goat Newsletter

ABOUT THE NEWSLETTER:

February 18, 2025 Mnt Goat News Brief

Guten Tag everyone:

I have some sobering news for you today. Let’s explore it together.    

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.

The expenses of this Newsletter such as my calls to Iraq or the fees for the blog are all paid for and so if you have gifted already this month, as I can see many have recently…. a heart-felt Thank YOU! I can not say enough to all those that just recently helped out. The bills for the site and other related expenses were due and we just paid the bills. Thanks so much for keeping it alive again!

Everyone reading this Newsletter today should consider helping out. PayPal is safe and very easy to use. You can set it up for credit card, debit card or even bank account. This is no longer an excuse for many for not chipping in. So, there are many that can still reconsider helping out but only if you can afford it.

However, it is a free-will GIFT. There are no signup or membership fees and I would like to keep it that way, if possible. With well over 20,000+ followers (and climbing daily) that are reading my Newsletter, there are still many who can help out that are silent. Do you not enjoy FACTUAL, TRUTHFUL and HONEST news for a change? Are you sick and tired of all these other idiots out there pretending to know it all? Yes, they only confuse you with there crap. Do you enjoy hearing the TRUTH and now getting on these stupid roller coaster rides?

 Let’s all try to chip in!

_______________________________________________

Acts 20:35

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

STATUS OF THE RV

I wanted to first summarize where we are now with this IQD reinstatement. I also want to give more insight as to what is holding up the RV and the Reinstatement of the Iraqi dinar. Folks its been 20 years already. Enough is enough!

But, if you have been reading my blog AND watching my presented videos all along, you can now CLEARLY see that there has been massive corruption in Iraq and with the US keeping the Iraq dinar artificially suppressed. Why did they do this? Let’s dig a little deeper into these causes today. In today’s news I give you a couple more interviews with Steve Forbes about the Feds actions. Do you really think the Feds want us to have all this money when they have been controlling the economy and any large fluctuation of prosperity in the US with interest rates and other measures. Do you think they want thousands of new millionaires? What makes you honestly think they want us to have all this money when their real intent is to destroy the U.S. and Canadian economies? All you need to do is listen to Forbes today and this comes very clear. I don’t know about you but I trust Forbes a hell of a lot more than all these intel guru idiots out there.  

Economic Sector:

So, knowing about all this corruption do you now see what is holding up the RV? I have been telling you about this for many years, but many of you have to see it to believe it. How can you deny it now?

I wish I could support Obama/Biden and their policies in Iraq but unfortunately, they were the source of the problems that plagued Iraq for about the last two decades. The  new president Trump has a new policy towards Iraq and it is beginning to take form. This recent move of stopping the physical dollar CASH flow to Iraq is apparent. As investors we now just have to hunker down and wait. This was a huge move and it will take time to shake out what paper CASH US dollars are already in the Iraqi economy. Again, I am telling you – THEY MUST BREAK THE PARALLEL MARKET AND DISSOLVE ILLEGAL VENDERS. I am presenting a very good recent article on this topic today and I am going to review it in detail.

I was told many times already by my CBI contact that this crisis is at the heart of why the CBI can not set the in-country revaluation rate to what they need to conduct the Project to Delete the Zeros. The article it titled “FOUNDATION WARNS OF ‘PARALLEL BANKING SYSTEM’ AND ‘SHADOW ECONOMY’ IN IRAQ”. Okay, so this is not new   of the parallel market and its detriment to the “official” CBI rate. However in today’s new we dig deeper into this topic as economists are now telling us of some of the solutions to this crisis of the parallel market. Here are the solutions. I would think that if they concentrate on implementing all of these solutions and do it now they can finally combat this black marketing of the dollar:  

1.preventing unauthorized banking activities, and;

2.working to encourage small and medium enterprises to join the formal sector by providing attractive incentives, and;

3.legal frameworks can be put in place to regulate the work of informal financial institutions and place them under the supervision of the central bank to ensure a minimum level of oversight and:

4.In the most serious cases, the optimal solution may be to completely close unlicensed institutions and link all banking operations to formal institutions.

Here is yet another article on this topic in todays news titled “MANAR AL-OBAIDI: THE SHADOW ECONOMY IN IRAQ EXCEEDS THE SIZE OF THE FORMAL ECONOMY”

The parallel banking system in Iraq is one of the major challenges that directly affects the stability of the financial system, as it consists of a group of financial institutions that operate outside the official framework and without supervision from regulatory authorities. Are you listening to me?

What these articles do not emphasize is that the CBI already outlawed the black market to some extent which includes those street exchangers working under illegal, unlicensed operations. Yes, you now have to be registered with the CBI to exchange currency outside the banking system. The are commonly called currency street venders. These non-registered ones are the ones they are worried about and can’t control. These are the culprits. In today’s news we also learn about the praising of the CBI in all it’s other efforts to reform the banking institutions and establishing the international banking relationships.

😊You might want to take a look at article titled “CENTRAL BANK ANNOUNCES DETAILS OF ITS MEETINGS WITH THE TREASURY AND THE FEDERAL RESERVE”. The Central Bank announced the end of the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve, which were held in Dubai / United Arab Emirates with the participation of international auditing and consulting firms (EY, K2 Integrity, Oliver Wyman). The meetings culminated in praise for the steps taken by the Central Bank of Iraq and the Iraqi government in reforming the banking sector, the most important of which were…bla, bla, bla ( you heard it all before from the IMF, World Bank and the US). But the dinar is still at 1/6 of a penny?

So, we might believe that any unauthorized banking activities can be caught relatively quickly just as in any bank in any developed country does today. This is fantastic news. The article emphasizes encouragement for enterprises to join the formal banking sector and not rely on the black market. But how do you give them incentives? Do you maybe change the value of the dinar so the “official” price is now much higher than the parallel market price? Would this draw them into the CBI supervision by the SBI of this shadow economy?

The idea of putting in place an optimal solution which creates a legal frameworks to regulate the work of informal financial institutions and place them under the supervision of the central bank to ensure a minimum level of oversight. I am surprised the CBI has not yet done this. Why is this a revolutionary idea?

My main point today is not so much what the CBI can recognize or not as the Black Market but rather can they can’t control it? It is obvious the Black Market is a know entity and an obstacle. Seems to me the only real solution and a final solution is to simply to take the paper CASH dollar out of circulation in Iraq, which the US has just announced that are doing. Didn’t I bring this to your attention before? Iraq then needs to keep emphasizing the use of the dinar. Remember we already read over the last two year about the de-dollarization of the economy.  

But there is a breaking point too. This point is triggering a revaluation in-country and it will begin down that path of seriousness to reinstatement back on the foreign exchange market. Would this simply help or would the Black Market simply turn around and raise their rates even higher. However, I have to keep saying where are they going to get the dollars if plane loads of CASH is no longer being flown to Iraq and these payment are now all done electronically? How will they get this CASH?

To get any CASH in Iraq someone would have to go to a bank and fraudulently file receipts to pay imports into Iraq. Now this is when the audits can control and monitor the sales of imports and who is importing what and how much. But still, this CASH will be very limited and scarce.

The Obama/Biden plan is to grow the economy enough so that the reliance on imports is lessened ergo the need to pay for them in dollars or any currency is lessoned. But this still does not automatically revalue the dinar. Does it? There has to be a breaking point when the CBI says lets just use the dinar then more and more to pay for imports. Other countries have to want to take it. It must be valuable enough to drive a desire to take it. But it is hard to give incentives for importers to want it at 1/6 of a penny. Do you see where I am going with this? Yes, there is going to be a breaking point when they have to raise the rate of the dinar. The CBI will have no choice if the economy keep growing.

😊We also learn this period of news that in article titled “THE PRESIDENT OF THE REPUBLIC APPROVES THE AMENDMENT TO THE BUDGET LAW”. The President of the Republic, Abdul Latif Rashid, approved the first amendment to the Iraqi Federal Budget Law No. 13 of 2023, related to the export of Kurdistan Region oil through SOMO.

He added, “The law will not officially enter into force until it is published in the Official Gazette.Do you remember what this amendment is for? It’s been so long already since it was first passed on to parliament to review and pass. “Note that the revenues from the sale of oil exported from the region will return to the federal treasury, according to the amendments related to the costs of production and transportation of oil.” This was the main issues from the Kurdistan region in the monthly salary payments they were receiving for their share of the oil revenues. Baghdad was not fairly taking into consideration the true cost of production and transportation of oil from the region. They wanted more in the budget and so now they have it. I want everyone to know that the passing of this bill in NOT the Oil and Gas Law and is NOT going to trigger the RV. I know a lot of idiotic intel gurus are telling that we have been waiting for this for the RV.

😊Another major step to fully globalizing Iraq is in the article titled “IRAQ MOVES TOWARDS GLOBALIZATION.. IMPLEMENTATION OF INTERNATIONAL ACCOUNTING STANDARDS BEGINS IN 2026”. In it we learn that the former director of the Financial Supervision Bureau, Salah Nouri, revealed the steps taken by Iraq to move to fully implement international accounting standards by 2026. “The unified accounting system, which was adopted in the mid-eighties, was appropriate for the economic situation at the time; but it led to Iraq’s delay in keeping pace with international standards.”  So, in my eyes this is not going to trigger the RV but is certainly a right step in the direction we want. Remember the CBI told us that January is the most optimistic to revalue the dinar with any substantial change in value. Why? It is because of the accounting practices and it is MOST convenient to begin a new fiscal year clean with a new rate. Remember we may be already into February but we know they just passed the amendment to the budget law and so they have not yet even opened the 2025 budget. So there still can be a rate change coming but I would not go off half-cocked believing all this intel guru nonsense either.  

Energy Sector:

😊Check out the article titled “REGIONAL OIL: THE PATH TO RESUMING EXPORTS AND ITS NEXT STAGES: NEW HOPES ON THE ROAD TO ECONOMIC RECOVERY”.

  He pointed out that “the beginning will not be less than 250 thousand barrels exported daily, and it is possible that within a month or two, exports will return to 400 thousand barrels, and this is a new resource to raise the public treasury, especially since this oil can be marketed to European markets without any obstacles.”

I wanted to conclude my commentary today on a very serious note. This information is about the past US influence over Iraq. If you add up all the issues we have been reading about we can CLEARLY now see that the US has been obstructing progress in Iraq. Oh… they pretend they are helping, but if we take the time to watch and pay attention, and stick to the FACTS we can CLEARLY see this is NOT the case.

☹ For instance, why would the US be influential in putting in place these currency auctions procedures in the first place, then only to find out later about the corruption a decade ago, yet do nothing to change the process?  Why use paper cash and peg Iraq to the US dollar when everyone wants US dollars and now you just made it soo easy to smuggle money and launder money out of Iraq? Could this be their real intent in doing this in the first place?

Why did they allow so many billions, Iraq says trillions, of dollars to flow outside of Iraq mainly to Iran with bribes to Iranian backed Iraqi politicians and US politicians. With all the exposure DOGE is finding in the US can you wonder why Iraq is also affected? Do you see now the tie in to the US with Iraq and the corruption that is holding up the RV?

☹ Also, this electric grid issue really gets my proverbial goat. So, the US knows Iraq will need 24/7 electricity in all provinces to help make the electronic payment process Pint of Sale (POS) in society (and the use of the ATMs) successful. Yet we find out just recently the reason why Iraq still, after 20 years, does not have this electric grid back up and running. Please go read article titled “POLITICIAN ACCUSES AMERICA OF OBSTRUCTING THE CONSTRUCTION OF POWER STATIONS IN IRAQ”. This corruption is absolutely sickening! Today, Saturday, the leader of the Sovereignty Alliance, Majeed Al-Dulaimi, accused America of being involved in obstructing projects to establish power plants in Iraq to end the electricity crisis for political reasons. He added that “the central government has received attractive offers from international investment companies specialized in establishing power plants in Iraq, but America is placing obstacles in the way of these countries under the pretext of terrorist threats,”  Next we see a conspiracy to block the Dr Shabibi plan to reinstate in January 2013. Then in 2014 the Obama administration to allow ISIS infiltration into Iraq which then they also allowed Iranian backed militia into Iraq.

😊Still today in the next article titled “TRUMP MUST FINISH THE JOB IN IRAQ” dated February 16, 2025, By Yassin Fawaz I quote from the article “we find that for almost two decades, Iraq was at the center of U.S. foreign policy, absorbing huge sums and costing thousands of American lives. Now, just a few years later, it risks fading into geopolitical obscurity—forgotten by the U.S. public and by policymakers as well. That would be a mistake”.

Donald Trump built his brand on disrupting the status quo, whether in politics or foreign affairs. His first term saw major shifts in the Middle East, from the assassination of Iran’s Qassem Soleimani to the Abraham Accords between Israel and several Gulf and other Arab states. Now, he begins his second term with a clear inclination to shake things up again. In that context, Iraq should be front and center. The government in Baghdad must be held accountable for harboring and legitimizing Iran-backed militias, the very forces that have destabilized the region for years. But remember it was the US Obama administration who let the militia into Iraq in the first place. Under the Obama administration all US troops were pulled out to meet a campaign promise and helped Obama get elected for a second term, careless of the consequences to Iraq. Yes, this gap of US forces has to be filled and the Iranian militias have filled it. We witnessed all the rocket bombings and harassment of US forces since in Iraq. The cause is all amounted to bad US policy towards Iraq. I can go on and on with more but what’s the point. You get my point already, I hope. Could all this bullshit be holding up the RV. You think?

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What can we as investors do right now?

  • Pray and pray that nothing will mess this up….
  • Be very patient….
  • Do not sell your dinar….  
  • No more intel guru talk….
  • No more NESARA / GESARA crazy talk
  • Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
  • Don’t over speculate and set unjustified expectations

I know the path to this reinstatement and I don’t have to speculate or guess.

If you are a faithful follower of my blog, then you clearly should be able see I have NEVER misled you on the information. How can I say this? It is because I show you evidence and FACTUAL information not some make-believe fairytale bank stories, or lies that four letter agencies are talking to me, because there aren’t and I don’t care what the hell they are saying anyway. None of this ridiculous NESARA or GESARA bullshit either. Get it? Stay away from all this crap. It is an illness that has spread throughout our dinar investment community. It is easy to lie and make up stories but much, much harder to spend the time translating articles and applying them to what is really going on. Yes, giving you proof not rumors. We must stay grounded as this RV is coming to a closure and there is not much longer to wait. 

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

                                             Just the FACTS!

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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. 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 more! 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 next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist 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. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.

These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.

From God to the PROPHET:  Julie Green

All I can say about these two prophesies today is WOW! This is actually already begun.

“A Firestorm of Truth Will Set the Establishment On Blaze”.

Prophecy begins at the 17:19 mark.  The 3rd one from Feb 8th.

“The Biggest Political Slush Fund Is About To Be Emptied”.

Prophecy begins at the 14:10 mark.  First one from Feb 9th.    

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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?

Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.

Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.

Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.

This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!

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WHAT WAS PRESIDENT OBAMA’S POLICY ON ILLEGAL IMMIGRATION?

Can you see a drastic change in policy of the Biden even from Obama? Does this seem so very weird to you that any president would just open up the US southern boarder? What about all the existing immigration laws? Why hasn’t anyone, as of yet, been prosecuted for breaking the law?

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BRACE YOURSELF FOR WHAT’S COMING IN THE NEXT FOUR YEARS AND……  

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A FIGHT IS BREWING BETWEEN TRUMP AND FED CHAIR JEROME POWELL—HERE’S WHO WILL WIN

This coming fight is going to be about the entire way the Fed operates. This is interesting for us investors in the IQD and maybe other currencies too. Forbes speaks about how to stabilize a currency. His insight is invaluable. At some point they will have to put all currencies on a level playing field. How they do this and when, we don’t know. But what we do know it it’s coming, it has to come and soon and it will effect a lot currencies.

I also like watching this presentation because if you listen carefully, you can already see the seeds being planted where someday soon the duties of the Feds are turned over to some sort of new agency run by the U.S. Treasury. Why do I say this?

So this battle is about to rage, says Forbes and it is going to begin with the whole concept of how the Federal Reserve operates. From there, if satisfaction is not resolved this could lead to what many believe will be an entirely new Fed like organization, but taken out the hands of the banking cartel. Do the Feds today actually know what they are doing? Are they really working in the best interest of the U.S.?  

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THIS IS THE ‘SINGLE MOST CORRUPT’ ACT OF ANY US PRESIDENT

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DUMB AND DUMBER.

How do these people ever get elected. And more importantly keep getting re-elected?

Are the people in their districts dumb or dumber?

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A “CONSTITUTIONAL CRISIS” OR JUST A SCRIPT TO FOLLOW?

Here we go again…..

Okay, so we talked about this propaganda machine before from the major news media channels. So, here we go again. A new set of buzz-words and talking points given to them to use and they are all using it now on almost all news channels. It’s time to bash Trump again. Coincidence? But who is feeding them these talking points? This is all going to be exposed in the very near future. God tells us through his prophets this will end. But what will happen to all these news media channels doing this to us?  

Oh… now they say everything Trump is doing as is a “constitutional crisis”. Give me a break!!!! ☹ But years ago, where was the concern about constitutional crisis when they opened the US borders wide open for the drug cartels and child trafficking?  Where were the talking points then? Where was the concern about long-standing immigration laws being unlawfully broken? The democrats couldn’t even hold a trial in the Senate for the articles of impeachment for Mayorkas, then head of Home Land Security. Where was the “constitutional crisis” then? Do you see my point?

Its only when Trump tries to fix their idiotic, insane mess that they created that they cry out constitutional crisis. Are you tired of all this bullshit yet? Just remember who is telling you these lies when you vote in the 2026 mid-terms. You do get what you vote for…. But you see it now first hand in this video today. Folks I am not making this stuff up. Watch if for yourself. But we can fix it. FAKE NEWS in the country must end. Yes, they really think you and I are stupid and dumbed down.  

WHEN WILL THE NEWS MEDIA DO SOME REAL JOURNALISM INSTEAD OF JUST FOLLOWING A CAREFULLY CRAFTED SCRIPT GIVEN TO THEM BY THE DEEP STATE TO FOLLOW?

DOGE HIT DEMOCRATS HARD. WHY DON’T THEY SUPPORT CLEANING UP THE CORRUPTION AND WASTEFUL SPENDING?

Certainly, this would all be good for the nation and the it’s citizens. Am I missing something? You can’t spend yourself to prosperity. Please watch the prophecy above by Kim Clement called “HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?”. This was from 2007. It’s time for fulfillment of this prophecy now!

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FIRST GOLD AUDIT IN DECADES. IS IT ALL THERE?

If you were considering going back to the gold standard wouldn’t you want to know that the existing gold reserves are intact. With all the exposure of corruption we have witnessed so far can you see why Trump needs this audit?

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CHELSEA CLINTON’S SHOCKING $84M USAID PAYOFF

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SHOCKING SCENES AT USAID HEARING – CONGRESS MEMBERS STUNNED

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USAID FUNNELED MONEY TO GAIN-OF-FUNCTION RESEARCH IN WUHAN LAB

Yes, the US “illegally” helped to fund this research which caused the pandemic.

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INSIDE FEMA’S SICKENING HISTORY OF MISSPENDING BILLIONS OF TAXPAYERS’ DOLLARS

Oh… but they can spend money on illegal immigrants but ran out of funding for NC hurricane victims, yes US citizens?

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DONALD TRUMP SIGNS EXECUTIVE ORDER ON ‘RECIPROCAL TARIFFS’

All I can say is it’s about time we had a real commander and chief in charge….

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FEMA SENT $59M LAST WEEK TO LUXURY NYC HOTELS FOR ILLEGAL MIGRANTS

This really get my goat…. when we watch US citizens suffer from hurricane disasters with very little FEMA support. Where is all the FEMA funds going? Well…. now you know. Remember that we didn’t have to have this illegal immigration crises so please don’t tell me to feel sorry for these homeless immigrants suffering in NYC. There has to be some rational for all this. Get it? Why create the crises in the first place? That’s my point.

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YES, ITS ALL JUST ABOUT COMMON SENSE!

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IS IT POSSIBLE TO ELIMINATE PROPERTY TAXES ON YOUR REALESTATE?

First of all, this has absolutely nothing to do with this NESARA or GESARA bullshit you may keep hearing about. Yes, I know it is on the original bill that did not even make it to congress for a vote. So the principle and concept is there. But some mysterious entity behind the scenes has nothing to do with the progress made in this direction so far.  

I already covered this nonsense in a prior Newsletter about NESARA and GESARA and how this group wants to take credit for every reform going on today. So, let’s get real today on this subject matter. There are lots of ordinary, honest people working very hard to make a difference to help expose and make this change in how revenue is generated to fund the government at the local level. Yes, the government still somehow has to be funded. There is no magical group behind the scenes that is going to make this change for you. It all takes dedication and hard work. There are alternatives to the property tax that may in fact generate even more revenues to run out municipalities.

There are already several states working on legislation to eliminate these Property Taxes. We see especially Texas, North Dakota and now Florida working on this issue. I am sure there will be many more states to follow. Will there be just RED states or will BLUE states also get on the bandwagon? It is the hope that more states will follow this trend as time progresses. Remember as a home owner it is up to you to pressure the government as it is not going change without your input. Do you want this change bad enough?  

If you look at the numbers, public education is one of the highest draw on revenues generated from property taxes. In this video today they explain some of the simple ways that government can fund public education and other local expenditures without taxing your home each year. It also exposes more wasteful spending in the cost of public education versus private schools. Why do public schools cost twice and something three times as much? I sure that if someone would do the digging like DOGE is doing at the federal level we will expose a lot of wasteful spending and probably much corrupt money too. So the first task is to streamline the spending. Remember the less revenue needed the less that needs to be funded.

I also need to point out that this video does NOT talk about property taxes of personal vehicles. This is another issue that needs addressing. Why do we keep getting taxed on our vehicles? We already paid a sales tax on it when we purchased it. Some states do not tax vehicles while others do. Why is this? Can the states that do tax, work with states that don’t tax to research to find ways to eliminate it or shift this revenue generation? Again, we must streamline the Department of Motor Vehicles. Are they already too big? Anything is possible and it all begins with you, the citizen getting involved.

I also want to point out that this video was presented by an ordinary citizen trying to make a difference. Are you going to be part of the PROBLEM or part of the SOLUTION?

Watch this video first:  

How Can You Help?

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Pray, Pray, Pray & Pray some more!

Please try to remember to pray each and every day. The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can be for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. You can also pick your own personal prayers, as the rosary is just my choice, and I just wanted to share it with you. Just look at the past election. This is the start of God’s glory being manifested again on the U.S. Why is he so good to us in spite of the wickedness by many? It is because there are many of us who still worship him, pray and ask for our salvation. We are the prayer warriors for God. Yes, these are the people holding this country together. Will you decide to join us too?

Fr. Mathew teaches how to say the Rosary

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Buy a nice pair of Rosary beads for praying here.

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

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FOUNDATION WARNS OF ‘PARALLEL BANKING SYSTEM’ AND ‘SHADOW ECONOMY’ IN IRAQ

The “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations warned, on Saturday, of the danger of the parallel banking system, which constitutes about 84% of the “informal” economy in the country, considering this system to “limit the ability of official bodies to monitor the movement of funds.”

The head of the institution, Manar Al-Obaidi, said in a statement published today, a copy of which was received by Shafaq News Agency, that “in the Iraqi economy, the parallel banking system stands out as one of the major challenges that directly affects the stability of the financial system.”

He explained that “this system consists of a group of financial institutions that operate outside the official framework and without supervision from regulatory authorities, but nevertheless play an influential role in the economic scene.”

Al-Obaidi also pointed out that “these institutions have emerged gradually over the past twenty years, starting from simple financial activities until they developed into entities that provide services similar to official banks, such as: lending, credit facilities, receiving deposits, and transferring money internally and externally,” adding that “among these institutions we find salary distribution outlets, exchange shops, consumer associations, and even some non-profit organizations.”

He added, “These institutions were able to achieve widespread popularity for several reasons. The first is the absence of effective oversight, which made work procedures easier compared to official banks, which attracted many customers looking for flexible and fast alternatives. The second and more important reason is the great demand from owners of small and medium enterprises.”

The head of the institution noted that “in Iraq, this type of project constitutes about 84% of the informal economy, and they are projects that are not officially registered, which deprives them of access to traditional banking services and pushes them to resort to these parallel financial institutions.

He pointed out that “the existence of an official banking system and a parallel one represents a great danger to the Iraqi economy, as it enhances the phenomenon of the shadow economy and limits the ability of official bodies to monitor the movement of funds,” considering that “this gap opens the door to many illegal practices such as tax evasion and money laundering.”

Al-Obaidi pointed out that “to deal with this situation, it is necessary to adopt firm solutions aimed at closing the gap between the two systems,” indicating that “this can be achieved by:

1.preventing unauthorized banking activities, and;

2.working to encourage small and medium enterprises to join the formal sector by providing attractive incentives.

He continued by saying that: (solutions to the problem of the parallel market)

1.legal frameworks can be put in place to regulate the work of informal financial institutions and place them under the supervision of the central bank to ensure a minimum level of oversight.

2.In the most serious cases, the optimal solution may be to completely close unlicensed institutions and link all banking operations to formal institutions.

Al-Obaidi continued, saying, “The Iraqi experience has shown that the shadow economy may exceed the size of the official economy, which poses a major challenge to the relevant authorities in most cases,” stressing that “previous attempts to control it have failed due to its ability to adapt to new circumstances and maneuver any regulatory measures.”

The head of the “Iraq Al-Mustaqbal” Foundation concluded that “for this reason, dealing with this challenge requires a balanced strategy that combines firmness in applying laws and flexibility in providing legal paths for these institutions to integrate into the formal economy, while ensuring the protection of the economy from potential risks.”

(if you have been following my blog all along you know all about the parallel market and it is one of the challenges facing the CBI. You also know why they need the monetary reforms. This black market is holdup and is preventing the CBI from getting permission to reinstate the dinar. This issue must be remedied. I like this article because it gives solutions but sill it does not fully show the mechanism to get to the solution. I suspect this will be forth coming. We already witnessed one mechanism as part of the solution by president Trumpand that was to cut off the CASH dollars. The black market operates on CASH.)

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MANAR AL-OBAIDI: THE SHADOW ECONOMY IN IRAQ EXCEEDS THE SIZE OF THE FORMAL ECONOMY

The parallel banking system in Iraq is one of the major challenges that directly affects the stability of the financial system, as it consists of a group of financial institutions that operate outside the official framework and without supervision from regulatory authorities.

Economic researcher Manar Al-Obaidi said, in a clarification received by “Baghdad Today”, today, Saturday (February 15, 2025), “Institutions play an influential role in the economic scene, and they have gradually emerged over the past twenty years to provide services similar to official banks such as lending, credit facilities, receiving deposits, and transferring money internally and externally.” 

He added, “Among these institutions, there are salary distribution outlets, exchange shops, consumer associations and even some non-profit organizations. These institutions have been able to achieve widespread expansion due to the absence of effective oversight, which has made work procedures easier compared to official banks and attracted many customers looking for flexible and fast alternatives.”

He continued: “One of the main reasons for the spread of this system is the great demand from owners of small and medium enterprises, which constitute about 84% of the informal economy in Iraq, as it is difficult for them to access traditional banking services due to their lack of official registration, which forces them to deal with parallel financial institutions.”

He explained that “the existence of a formal and parallel banking system poses a threat to the Iraqi economy, as it enhances the phenomenon of the ‘shadow economy’ and limits the ability of official bodies to monitor the movement of funds, which opens the way for illegal practices such as tax evasion and money laundering.” 

He pointed out that “to deal with this situation, it is necessary to adopt firm solutions, such as “closing the gap between the two systems”, by preventing unauthorized banking activities, and encouraging small and medium enterprises to join the formal sector by “providing attractive incentives”. Legal frameworks can also be put in place to regulate the work of informal financial institutions under the supervision of the Central Bank to ensure the necessary oversight.”

He stressed that “the Iraqi experience is an example that the ‘shadow economy’ may exceed the size of the formal economy, which represents a major challenge for the relevant authorities. In light of this, this situation requires a balanced strategy between strictly enforcing the laws, while providing legal paths for these institutions to integrate into the formal economy, in a way that ensures the protection of the economy from potential risks.”

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CENTRAL BANK ANNOUNCES DETAILS OF ITS MEETINGS WITH THE TREASURY AND THE FEDERAL RESERVE

The Central Bank announced the end of the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve, which were held in Dubai / United Arab Emirates with the participation of international auditing and consulting firms (EY, K2 Integrity, Oliver Wyman). The meetings culminated in praise for the steps taken by the Central Bank of Iraq and the Iraqi government in reforming the banking sector, the most important of which were:

1.The development of the US dollar cash distribution system in Iraq, which they considered the most controlled and monitored system in the world, which limits manipulation and smuggling of the US dollar.

2.The qualitative shift in foreign transfer operations and the steps taken by the Central Bank of Iraq to address the risks arising from these operations, which have now risen to the levels of transfer operations carried out by international banks.

3.The consulting firms (EY and Oliver Wyman) reviewed the plans to reform and upgrade the public and private banking sectors in line with international standards and to facilitate the involvement of Iraqi banks in the international financial relations network.

Since the operations carried out by banks operating in Iraq depend largely on the trust of international correspondent banks in the Iraqi banking sector, we emphasize the need to ensure that the official channels of this bank are adopted to know the latest news and not to transmit incorrect news such as some Iraqi banks being subject to international sanctions and others.

Central Bank of Iraq
Media Office
February 16, 2025

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POLITICIAN ACCUSES AMERICA OF OBSTRUCTING THE CONSTRUCTION OF POWER STATIONS IN IRAQ

Today, Saturday, the leader of the Sovereignty Alliance, Majeed Al-Dulaimi, accused America of being involved in obstructing projects to establish power plants in Iraq to end the electricity crisis for political reasons.

In a statement to / Al-Maalouma / agency, Al-Dulaimi said that “dozens of investment companies specialized in the energy sector have submitted investment offers to establish power plants in Anbar Governorate and other governorates.”

He added that “the central government has received attractive offers from international investment companies specialized in establishing power plants in Iraq, but America is placing obstacles in the way of these countries under the pretext of terrorist threats,” indicating that “the steps to connect electricity with Jordan are still far from the level of ambition and are not useful.”

 He continued, “All solutions are to import electricity from neighboring countries or establish small power plants.”

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RASHID BANK’S CAPITAL JUMPS FROM 2 BILLION TO 50: WHAT ARE THE REASONS? AND IS TIMING RELATED?

Today, Thursday (February 13, 2025), banking and financial expert Alaa Al-Fahd revealed the reason for increasing the capital of Rashid Bank at this time.

Al-Fahd told Baghdad Today, “This measure is part of the government’s reform of banking policy by expanding the size of banks and their participation in economic development. There is a reform policy that the government is pursuing with the Central Bank of Iraq, with the assistance of international companies, in order to develop banking work and increase bank branches. Therefore, there was an obligation to increase capital according to the requirements of the stage.”

He explained that “today the capital (2) billion dinars does not match the current reality, due to the number of branches and shareholders owned by Rashid Bank, and therefore increasing the bank’s capital will contribute to classifying the current situation and contribute to improving the current reality.”

The banking expert added, “This increase is the beginning of restructuring the banks, especially Rafidain and Rashid banks, and making them at a level that meets the ambition of the current stage, and is at the level of development and the level of the needs of the Iraqi economy.”

The Federal Council of Ministers, during its session last Tuesday, approved increasing the capital of Rashid Bank from 2 billion dinars to 50 billion dinars, from the bank’s expansion reserve account, with the Iraqi Ministry of Finance taking the necessary measures for implementation.

Earlier, the government announced ambitious plans to restructure government banks, most notably Rafidain and Rashid Banks, with the aim of transforming them into more modern and efficient financial institutions capable of meeting the needs of the growing Iraqi economy.

The Council of Ministers also decided in its session held on January 13, 2025 to establish a completely new bank, based on the latest digital banking technologies, and aiming to provide integrated banking services to individuals and companies, both inside and outside Iraq.

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IRAQ, CZECH STRENGTHEN TIES WITH KEY AGREEMENTS

On Thursday, Iraqi Prime Minister Mohammed Shia al-Sudani met with Czech Prime Minister Petr Fiala in Prague. Al-Sudani’s media office stated that both sides signed an agreement and five memorandums of understanding across various sectors.

“The ceremony included the signing of an air transport agreement between the Iraqi and Czech civil aviation authorities, as well as a memorandum of understanding between the Iraqi Ministry of Oil and the Czech Ministry of Industry and Trade.”

The media office added that “a draft memorandum of understanding was signed between the Ministries of Interior of Iraq and the Czech Republic, along with a cooperation memorandum between the Iraqi and Czech Federations of Industries, another between the Iraqi and Czech Chambers of Commerce, and a letter of intent with the Iraqi Ministry of Environment.”

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IRAQ MOVES TOWARDS GLOBALIZATION.. IMPLEMENTATION OF INTERNATIONAL ACCOUNTING STANDARDS BEGINS IN 2026

The former director of the Financial Supervision Bureau, Salah Nouri, revealed the steps taken by Iraq to move to fully implement international accounting standards by 2026.

Nouri said in a statement to {Euphrates News} that: “The unified accounting system, which was adopted in the mid-eighties, was appropriate for the economic situation at the time; but it led to Iraq’s delay in keeping pace with international standards.”


He added, “The Accounting and Auditing Standards Board adopted 14 accounting rules according to international standards until 2016; but that was not enough to keep pace with global developments. In 2017, the board made a bold decision to adopt all international accounting standards, with the aim of enhancing financial transparency and attracting foreign investments, especially in the oil and banking sectors.”
Nouri pointed out that “the committee tasked with preparing the new unified accounting system completed its work in 2019, and the implementation of international standards was announced in 2021, but the Corona pandemic postponed this implementation.”


He stressed that “the year 2026 will witness the final implementation of these standards, which will make the Iraqi accounting environment consistent with the requirements of global financial markets.”
“This step will encourage foreign companies to invest in Iraq and will provide transparent financial data that will help in making sound investment decisions,” Nouri concluded.


International accounting standards are a common language for companies around the world, making it easier for investors to understand companies’ financial statements and make informed investment decisions.


This step comes as part of Iraq’s efforts to enhance financial transparency and attract foreign investment, especially in light of the economic challenges facing the country.

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ANNOUNCEMENT OF THE PUBLIC TENDER NUMBERED (2025/1) FOR THE SUPPLY, INSTALLATION AND OPERATION OF MACHINES FOR COUNTING AND SORTING IRAQI AND FOREIGN CURRENCY (DOLLARS AND EUROS) FOR THE BRANCHES OF THE CENTRAL BANK OF IRAQ IN (BASRA AND MOSUL)

The Central Bank of Iraq announces the holding of a public and private tender for the preparation, installation and operation of machines for counting and sorting Iraqi and foreign currency (dollar and euro) numbering (65) machines, with (35) machines for the bank branch in Basra and (30) machines for the bank branch in Mosul, according to the technical specifications and legal conditions contained in the standard document for the preparation of goods prepared by this bank, at a total estimated cost of (1,134,250,000) Iraqi dinars (one billion, one hundred and thirty-four million, two hundred and fifty thousand Iraqi dinars) from the planning budget of the Central Bank of Iraq for the year 2025 and from the allocations of the bank branches (Basra and Mosul) .

Those wishing to participate in the tender from companies (agents of specialized companies in Iraq legally accredited) with experience and expertise should purchase the tender documents in paper form by visiting [Central Bank of Iraq / located in Baghdad – Rashid Street – Building No. (2) Floor (3) Legal Department / Contracts Department] after paying the price Tender documents amounting to (250,000) Iraqi dinars (two hundred and fifty thousand Iraqi dinars) are non-refundable and they have the right to purchase tender documents electronically via the electronic platform. Purchasing tender documents via the electronic platform is optional for those wishing to purchase from companies with the payment of the amount of purchasing documents and the fees for the electronic purchasing service via the platform by those wishing to purchase electronically. The electronic or paper purchase receipt bearing the name of the company or its authorized manager issued by the management of the electronic platform system is approved when purchasing documents electronically for the purposes of submitting and analyzing the bid.

The bid closing date will be before the end of the official working day on (Sunday) corresponding to 3/16/2025. Bids are delivered to the address [Central Bank of Iraq / Legal Department / Contracts Department / Building No. (2) Floor (3) / located in Baghdad – Rashid Street], and the bidder to whom the tender is awarded shall bear all taxes and fees imposed under the applicable Iraqi laws on the full contract amount in addition to bearing the fees for publication and advertising in the national newspaper and the electronic platform and fees Archiving the contract electronically.

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THE PRESIDENT OF THE REPUBLIC APPROVES THE AMENDMENT TO THE BUDGET LAW

The President of the Republic, Abdul Latif Rashid, approved the first amendment to the Iraqi Federal Budget Law No. 13 of 2023, related to the export of Kurdistan Region oil through SOMO.

Secretary of the Kurdistan Regional Government Council of Ministers, Amanj Rahim, said, “The President of the Republic approved the first amendment to the Iraqi Federal Budget Law No. 13 of 2023.”

He added that “the law became official after the President of the Republic signed it, noting that the revenues from the sale of oil exported from the region will return to the federal treasury, according to the amendments related to the costs of production and transportation of oil.”

He added, “The law will not officially enter into force until it is published in the Official Gazette, Al-Waqa’i’ Al-Iraqiya, which is the last procedure required before its implementation begins.”

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TRUMP MUST FINISH THE JOB IN IRAQ

February 16, 2025

By Yassin Fawaz

For almost two decades, Iraq was at the center of U.S. foreign policy, absorbing huge sums and costing thousands of American lives. Now, just a few years later, it risks fading into geopolitical obscurity—forgotten by the U.S. public and by policymakers as well. That would be a mistake.

Donald Trump built his brand on disrupting the status quo, whether in politics or foreign affairs. His first term saw major shifts in the Middle East, from the assassination of Iran’s Qassem Soleimani to the Abraham Accords between Israel and several Gulf and other Arab states. Now, he begins his second term with a clear inclination to shake things up again.

In that context, Iraq should be front and center. The government in Baghdad must be held accountable for harboring and legitimizing Iran-backed militias, the very forces that have destabilized the region for years.

As part of such a move, the regime in Iran would also be put in its place. For too long, Tehran has meddled in the affairs of Arab countries via a network of militias that it partly funds, supports, and occasionally directs. This so-called “Axis of Resistance” has suffered major blows in the past year because of the regional conflict sparked by the October 7 massacre in Israel by Iranian-backed Hamas.

Hamas is now badly degraded in Gaza. Hezbollah has been thrashed in Lebanon. Yemen’s Houthis, emboldened by Iran, face the real prospect of serious Western retaliation for their outrageous impeding of commercial traffic in the Red Sea. The Iran-backed Syrian dictatorship has collapsed.

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REGIONAL OIL: THE PATH TO RESUMING EXPORTS AND ITS NEXT STAGES: NEW HOPES ON THE ROAD TO ECONOMIC RECOVERY

Former member of the Natural Resources Committee in the Kurdistan Parliament, Jihad Hassan, commented today, Monday (February 17, 2025), on the statements of the Minister of Natural Resources in the regional government regarding the resumption of the region’s oil exports.

Hassan said in an interview with Baghdad Today, “This is an economic step that will revive the economy of the region and Iraq in general, and the matter was dependent on Baghdad and Ankara, as the region has been ready for a long time to export oil without any obstacles.”

On the other hand, the expert and advisor on oil affairs, Govind Sherwani, confirmed that “the President of the Republic signed the amendment to Article 12 of the budget law related to the allocations for production and transportation of the region’s oil, and this issue was the obstacle to resuming exports.”

In an interview with Baghdad Today on Monday (February 17, 2025), Sherwani said, “The law will come into effect after its publication in the Official Gazette, and with regard to the technical aspect, a delegation from the Federal Ministry of Oil visited the region to review the technical aspects.”

He added, “It is expected that within a week or the end of this month, the technical arrangements will be completed, and export will become possible. It is certain that the previous quantities, which are 400 thousand barrels per day, will not be, because these arrangements and the rehabilitation of the oil wells that were left for two years require a long time, and it may take more than 3 months to reach the previous rates.”

He pointed out that “the beginning will not be less than 250 thousand barrels exported daily, and it is possible that within a month or two, exports will return to 400 thousand barrels, and this is a new resource to raise the public treasury, especially since this oil can be marketed to European markets without any obstacles.”

At the beginning of 2025, new developments came in the amendment of Article 12 of the budget law, which paved the way for the resumption of oil exports from the Kurdistan Region. This step is considered an important solution to a legal problem that was hindering oil exports, and provides the region with an opportunity to enhance its economic revenues by exporting oil to global markets, especially European ones.

Despite the technical challenges facing the process of resuming exports, such as rehabilitating oil wells that have been out of service for two years, experts expect that the export process will begin in limited quantities, with the possibility of gradually increasing them in the coming months.

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AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?

In a surprising move, reports indicate that the United States has decided to stop sending cash dollars to Iraq, a decision that could have profound effects on the Iraqi economy and its financial market. This shift raises many questions about its impact on the value of the Iraqi dinar, currency markets, and the local banking sector.

(All I can say is its about time! But this is a major change and there will be adjustments that will have to be made.)

What is a cash dollar?

Cash dollars refer to money that is physically sent to Iraq by the United States, usually through banks or other economic mechanisms. This cash flow has played an important role in supporting the Iraqi economy, especially in light of the economic challenges facing the country.

The reason behind the American decision

Sources indicate that the US decision comes in the context of economic and diplomatic pressures on Iraq, which include issues related to the national economy and monetary policies. Some reports also indicate that the United States may seek to limit the use of the dollar in Iraqi financial transactions, in an attempt to enhance the stability of the local currency and reduce dependence on foreign currencies.

Impact of the decision on the Iraqi dinar

The decision is expected to cause significant volatility in the local currency market. The US dollar is one of the main currencies traded in Iraq, and stopping its cash flow could lead to a shortage in supply, which could (initially) push the dollar higher against the dinar.

The impact of the rise on the Iraqi market

The increase in the value of the dollar may lead to higher prices in the Iraqi market, which will exacerbate the burden of inflation and affect the ability of citizens to purchase basic commodities. This may also indirectly affect economic activity, especially in sectors that rely heavily on imports.

(So how can the CBI get the dinar to be worth more than the dollar? Is it time to conduct the in-country RV to just over a dollar? Just asking…)

Are there any solutions?

The Iraqi government will face a major challenge in dealing with these developments. The next phase may require developing new economic and financial strategies to mitigate the impact of sudden changes in currency rates. It is necessary to have a move towards strengthening the Iraqi dinar and diversifying the sources of the national economy away from heavy reliance on the dollar.

Conclusion

In light of these developments, it will be important to monitor the short- and long-term effects of this decision. Iraq needs decisive steps to secure the stability of its national currency and protect its economy from the repercussions of the decision to stop the use of the CASH dollar.

(Remember this is the use of CASH dollar. They will still have electronic transfer from the Feds of dollars to Iraq. But this is a move that I believe is in agreement with the CBI to finally shut down the parallel market for good. This comes on the heals of the issue with Rafidian bank’s continue smuggling of the cash dollars to Iran. This is an amazing article. A “WOW!” article. I still am having a hard time believing it when I read it. The US is finally doing it. They should have cut off the dollars off years ago. We would be much farther ahead now in the RV process. But now it is being done. A good sign for us investors. How will this impact the Iraqi economy? Seems to me the US wants the dinar to rise in value and this may be leading us to something VERY IMPORTANT.)   

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TARGETING IRAN, US TIGHTENS IRAQ’S DOLLAR FLOW, CAUSING PAIN

BY  QASSIM ABDUL-ZAHRA AND ABBY SEWELL

February 2, 2023

BAGHDAD (AP) — For months, the United States has restricted Iraq’s access to its own dollars, trying to stamp out what Iraqi officials describe as rampant money laundering that benefits Iran and Syria. Iraq is now feeling the crunch, with a drop in the value of its currency and public anger blowing back against the prime minister.

The exchange rate for the Iraqi dinar has jumped to around 1,750 to the dollar at street exchanges in some parts of the country, compared to the official rate of 1,460 dinars to the dollar.

In Baghdad, exchange houses were closed on Thursday, while the Kurdistan Regional Government banned exchange companies in Sulaimaniyah from making transfers.

Mustafa Al-Karawi, a member of the parliamentary budget committee, told the state news agency that the Central Bank “must meet the requirements of the Federal Reserve to…reduce the scarcity of hard currency in the country.” He said new domestic procedures would be rolled out to improve access to currency, while a delegation of Iraqi officials will travel to the U.S. for negotiations next Friday.

The devaluation has already sparked protests. If it persists, analysts said, it could challenge the mandate of the government formed in October after a yearlong political stalemate.

The dinar’s deterioration comes even though Iraq’s foreign currency reserves are at an all-time high of around $100 billion, pumped up by spiking global oil prices that have brought increasing revenues to the petroleum-rich nation.

But accessing that money is a different story.

Since the U.S. invasion of Iraq in 2003, Iraq’s foreign currency reserves have been housed at the United States’ Federal Reserve, giving the Americans significant control over Iraq’s supply of dollars. The Central Bank of Iraq requests dollars from the Fed and then sells them to commercial banks and exchange houses at the official exchange rate through a mechanism known as the “dollar auction.”

In the past, daily sales through the auction often exceeded $200 million per day.

Ostensibly, the vast majority of the dollars sold in the auction are meant to go to purchases of goods imported by Iraqi companies, but the system has long been porous and easily abused, multiple Iraqi banking and political officials told The Associated Press.

U.S. officials confirmed to the AP that they suspected the system was used for money laundering but declined to comment in detail on the allegations or the new restrictions.

For years, large quantities of dollars were transferred out of the country to Turkey, the United Arab Emirates, Jordan, and Lebanon through “gray market trading, using fake invoices for overpriced items,” a financial adviser to the Iraqi prime minister said, speaking on condition of anonymity because he was not authorized to discuss the matter publicly.

The inflated invoices were used to launder dollars, with most of them sent to Iran and Syria, which are under U.S. sanctions, leading to complaints from American officials, he said.

In other cases, the currency is smuggled across land borders under the protection of armed groups that take a cut of the cash, said Tamkeen Abd Sarhan al-Hasnawi, chairman of the board of Mosul Bank and first deputy of the Iraq Private Banks League. He estimated that as much as 80% of the dollars sold through the auction went to neighboring countries.

“Syria, Turkey, and Iran used to benefit from the dollar auction in Iraq,” he said.

A member of one of Iraq’s Iran-backed militias, who spoke on condition of anonymity because he was not authorized to speak publicly on the subject, said the majority of Iraqi banks are owned indirectly by politicians and political parties that have also used the dollar auction to their benefit.

Late last year, the Fed began imposing stricter measures.

Among other steps, at the request of the U.S., the Central Bank of Iraq started using an electronic system for transfers that required entering detailed information on the intended end-recipient of the requested dollars. One hundred Central Bank employees were trained by the Fed to implement the new system, the prime minister’s financial adviser said.

“This system started rejecting transfers and invoices that used to be approved by the central bank,” he said. “Around 80% of transactions were being rejected.”

The amount of dollars sold daily in the auction plummeted to $69.6 million on Jan. 31, from $257.8 million six months earlier, according to Central Bank records. Far fewer of the dollars are going toward buying imports as well, down to around 34% from 90%.

Even when transactions are approved, it takes banks up to 15 days to get the funds rather than two or three days, Hasnawi said.

Unable to get dollars at the official price through banks, he said, traders turned to the black market to buy dollars, causing the price to rise.

In November, the Central Bank of Iraq added four new banks to the list of those banned from dealing in dollars. Two U.S. officials confirmed that the Fed requested the four banks be blocked because of suspected money laundering. They spoke on condition of anonymity because they were not authorized to comment on the case.

A spokesperson for the New York Fed declined to discuss the specific measures taken with regards to Iraq. But the Fed said in a statement that it enforces “a robust compliance regime” for the accounts it holds. The statement said that this regime “evolves over time in response to new information, which we gather in the regular course of monitoring transactions and events that may impact an account and in communication with other relevant U.S. government agencies.”

The system of keeping Iraq’s oil revenues at the Fed was originally imposed by U.N. Security Council resolutions after the 2003 ouster of Iraq’s Saddam Hussein by the U.S-led invasion. Later, Iraq chose to maintain the system to protect its revenues against potential lawsuits, particularly in connection to Iraq’s 1990s invasion of Kuwait.

(We will need Exec Order 13303 to end for this DFI fund to be transferred to Iraq and out of the hands of the U.S. Feds. This is key and we all need to watch for this move. Will Trump extend it in May 2025? )

The new U.S. restrictions come at a time of increased tensions between the U.S. and Iran. Negotiations over a nuclear deal are floundering. Washington has imposed new sanctions and condemned Iran for cracking down on protesters and providing drones for Russia to use in Ukraine.

Also, in Iraq, allegations came to light in October that over $2.5 billion in Iraqi government revenue was embezzled by a network of businesses and officials from the country’s tax authority.

The case “brought (U.S.) attention to the scale of corruption in Iraq” and how the corruption can benefit Iran and other parties hostile to the U.S., said Harith Hasan, head of the Iraq unit at the Emirates Research Center, an Abu Dhabi-based think tank.

The new Iraqi prime minister, Mohammed Shia al-Sudani, who came to power via a coalition of Iranian-backed parties, does not have a strong relationship with the U.S. that could have enabled him to soften the implementation of the new financial measures, Hasan said.

Al-Sudani has downplayed the current devaluation as “a temporary issue of trading and speculation.” He replaced the Central Bank governor and instituted measures intended to ensure a supply of dollars at the official rate.

Al-Hasnawi said the government’s recent measures will not stop the financial bleeding. If the current situation persists, he said, “within one year, most banks will declare bankruptcy” and there is likely to be mass civil unrest.

“This U.S. pressure impacts the Iraqi street in a clear manner, and we do not see clear solutions until now,” he said.

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

                                             Just 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