SAUDI ARABIA EXPRESSES ITS DESIRE TO INCREASE THE VOLUME OF ECONOMIC EXCHANGE WITH IRAQ
Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani stressed, on Monday, the importance of strengthening and expanding the horizons of bilateral cooperation relations between Baghdad and Riyadh.
A statement by the ministry said, “Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, received today, Monday, a delegation of the Saudi Shura Council, headed by Ibrahim Muhammad Al-Qannas, Chairman of the Iraqi-Saudi Friendship Committee in the Council.”
The statement added that Abdul Ghani “welcomed the guest delegation, expressing the depth of brotherly ties between the two countries, and the mutual keenness to strengthen and expand the horizons of bilateral cooperation relations in all fields, including economic, oil and energy.”
For its part, the Saudi delegation affirmed “the Kingdom’s keenness to strengthen and strengthen the bonds of relations between the two countries,” expressing its hope for “cooperation in implementing projects and investment opportunities and seeking to increase the volume of economic exchange between the two countries.”
More news….
IRAN, U.S. CLOSE TO PRISONER SWAP UNDER QATAR-BROKERED DEAL
Economy News-Baghdad
A carefully designed sequence of actions will begin when the $6 billion of released Iranian funds are transferred to banks in Qatar as soon as next week, eight Iranian sources familiar with the matter told Reuters, leading to the exchange of up to five U.S. dual nationals for a similar number of Iranian prisoners and their return to the two countries.
As a first step, Iran on Aug. 10 released four Americans from Tehran’s Evin prison and placed them under house arrest, joining a fifth American who is already under house arrest. Later that day, U.S. Secretary of State Antony Blinken described the move as the first in a process that would lead to their return home.
(Why is this article important? It shows that Iran is backing off and willing to negotiate. Part of this agreement, which you don’t read about nor will you read about, is the deal to begin pulling out militia from Iraq. Remember also Iran accepted a deal to pay for electricity in dinars not dollars until Iraq can get their grid repaired. We needed to see this cooperation not separation.)
More news….
THE GOVERNMENT TEAM NEGOTIATING WITH REPRESENTATIVES OF KURDISTAN TO IMPLEMENT THE BUDGET, HOSTED BY PARLIAMENT
The Parliamentary Finance Committee announced today, Monday, hosting the government team negotiating with representatives of the Kurdistan region to implement the budget.
Committee member Jamal Cougar said, “Today, the Parliamentary Finance Committee hosted the federal customs team negotiating with representatives of the Kurdistan region to implement the budget,” noting that “the government delegation presented its vision of the region’s share in the budget in numbers, and there were interventions from representatives to clarify some unclear numbers and texts that were interpreted by the committee.” Negotiation.”
Koger added, The committee’s meetings with the negotiating team will continue until solutions are reached.
(Remember that there are huge revenues for Iraq in Custom and tariff fees and tourism which could rival the oil revenues. Can Iraq get this under its control? This is what they are now attempting to do and is ongoing. But they will need FOREX to properly, accurately and quickly translate values of currencies when importing to charge tariffs and customs. This is where the real money is! 😊)
More news….
STATUS OF THE RV
This period we finally have a breakthrough on some VERY GOOD news about the currency reform and why it has been stalled. On Monday, Prime Minister Muhammad Shiaa Al-Sudani announced new steps in the issue of the dollar exchange rate crisis, and said that these steps would “break down” the parallel market. Al-Sudani spoke about the currency market file during a meeting with a number of news media professionals held at the government palace, indicating that “the dollar issue requires reform of the banking and financial sector, and is linked to taxes, customs, and fees to protect products and economic policies. Gee-Whiz isn’t this exactly what Mnt Goat has been saying all along? All I can say now is “I told you so”! 😊
Al-Sudani stated that the existence of “the parallel market is linked to a number of commercial operations, including trade with Iran,” and in this regard, he explained that merchants cannot send money legally in light of the American sanctions on Tehran, “which forces them to deal with the parallel market.”
The Prime Minister confirmed that “the Iranian side informed the government in the last meeting to stop dealing in the dollar, and to replace it with the euro, the yuan, the dirham, the Iraqi dinar, or the Iranian toman,” and revealed that there is “a mechanism that the Central Bank of Iraq and its Iranian counterpart are working on to prepare a plan to regulate this trade.”
Al-Sudani said that the new mechanism with Iran “will break the back of the parallel market,” while he explained that other problems associated with the parallel market relate to the trade in tobacco, gold, and medicines. You can read the full article in the articles section of today’s Newsletter.
So, what is this news mechanism with Iran?
In the article today, they tell what it is. Did you read it?
The central banks in Iran and Iraq are working to establish a mechanism to regulate trade and payments in exchange of currencies (Iraqi dinar and Iranian toman) instead of U.S. Dollars to eliminate the parallel market altogether driving up the price of the dollar. Yes, eliminate the dollar altogether and no need for the parallel market. Like cutting the head off the snake!
I bring you this news today since I believe this has been the problem all along with the parallel market. Yes, they have told us before they had a solution but here, we sit today and still the black market is not yt under control. Will this new solution solve the problem? I firmly believe that if it does, we may very well see the second change in the rate we have been waiting for of 1000–1132. But remember that Rome was not built in a day and this new Iranian-Iraq trading policy will take a period to get underway and then to bring the desired results. So, let’s hang in and see what happens. It won’t be long so let’s not exaggerate either.
The Coming Re-Education Process
Years ago, almost a decade now, and ever since, when I claimed my CBI contact told me about a re-education process of the citizens that must take place prior to the redenomination, many of these RV intel gurus have taken this notion and ran with it to hype you up on occasion. Since they didn’t really understand it in the first place, they simply would make up lies to make you believe the RV was about to take place. Shame, shame, shame on them!!!! 😦
Folks, they did not yet go through the re-education process for the redenomination, and I can assure you of this for a FACT. I wish these intel gurus would stop mixing up the process with other issues and stop their lying.
So, the re-education process is NOT about some speech in the mosque on Friday or by some politician. It is not about billboards or wide TV screens broadcasting news about the currency reforms now taking place and the issues they are having. Sure it’s all education but not what I am talking about. Get it? Gosh… these intel gurus can’t even get something as simple as this right!!!.
So to set the record correct let me be VERY CLEAR on just what the re-education process is. Simply put, the CBI will tell the citizens about how the process will work for the redenomination. It will include these steps as outlined to me many years ago:
1.the turning-in to the banks the older three zero notes in exchange for the lower denominations;
2.the deadlines for the exchange window, just like they did with the turning in of the old Saddam Hussien notes in 2004;
3.showing the citizens the actual new lower denominations and coins;
4.pointing out the security features on the new notes.
5.explaining the resetting of the ATMs
The CBI site itself will then list the newer notes as legal tender. Do you see them there yet?
I find it outlandish that these intel gurus will claim this process has taken place, yet when you ask to see the newer lower denominations, they can’t show them to you. Why? Because they are not yet in the public eye as the CBI does not want counterfeiters to get a heads-up on the images. Get it? Yes, it is that simple.
Why is this Re-Education Process Important to us?
I have talked about many times that it must take place prior to the Project to Delete the Zeros. So we them will know that this project is VERY close.
Then we know what comes next…don’t we? That’s the important part. Get it?
I was told by my CBI contact many times that when this project to delete the zeros and to redenominate the dinar will not be a secret. It will be in the news media all over Iraq. So, where are the articles then? Where is the news media then if this has taken place?
So, the newer lower denominations did not come out and are not in the ATMs. Get it? The Kurds are being paid and will need the ATM for petty cash so they can’t reset the machines yet. How will the citizens survive if they did at this point without the full redenomination happening concurrently?
Oh… The Big “STUPID” Call Bruce, the idiot, says the RV is happening twice weekly for the last 7 years.….lol..lol..lol . He also says the entire U.S. debt of 29 trillion has been paid off by some global fund…. Really now? How stupid can someone be to repeat such nonsense? If you hear anybody even mention intel about this NESARA / GESARA crap you should run like hell from them and never come back. I warned you about the Zimbabwe notes, I gave you all solid proof it was all lies and so what is happening with them now? Did you listen to me? How much $$$ did you waste on these null and voided “collectors” notes?
Having said all this let’s look at more of today’s REAL news from Iraq and see where we REALLY stand on the RV:
On Sunday, the economic expert, Dr. Abdul Rahman Al-Mashhadani, revealed the main reasons behind not launching the 2023 budget yet. Doesn’t this seem really strange that the budget was passed months ago and yet they still have not distributed the funds for all the projects to rebuild Iraq? What are they waiting for? Are they waiting for a new rate? Just saying…. as I believe they are.
We hear news that they are anticipating a global economic crisis next year, and despite the rise in oil prices, thinking the year 2024 will be difficult, thus being conservative now in their spending as reason for stalling the distribution of funds. I personally do not believe these statements for one second. They are stalling and must come up with a logical reason why. The people want to know, so they trump up this reason. How foolish to think people will believe it.
Another reason given as it’s not politics as Al-Mashhadani said in a statement, “Not releasing the budget is not for fear of it being exploited electorally, because the political blocs do not need a budget, as they have food security law money, and they also have supporters from merchants and businessmen, so the basic political blocs have power and money and support from local, international and commercial parties. You can read the full article in the articles section of today’s Newsletter.
The U.S. Conspiracy to Sink the Iraqi Economy
I know many of you don’t want to hear this part of my Newsletter and cringe when you read it, if you even read it. But folks it is reality and I have been telling you about this U.S. Conspiracy for a long time. But there is HOPE too as with other things of these wicked people do, they all tend to backfire on them and God gives us what we want in spite of their efforts to block it. So stay patient and diligent. The RV is coming to us.
So here it is and you can read the news articles directly from Iraq in the articles section today and you can read it for yourself. It is not the first of many such articles over these past months. Why? Why articles like this?
Members of Parliament are getting wise to covert actions of the US government to break (not help) the Iraqi economy. Remember actions speak louder than words. So who’s holding back the reinstatement?
I quote from today’s article- “Many parliamentary members are now accusing the United States of America of waging a conspiratorial war to destroy Iraq’s economy. The Iraqi government, when it talks with the American side within the diplomatic framework, must bear in mind the criterion of it’s strength and try to obtain advanced and modern technological technologies that benefit Iraq.” Their words not mine!
Many members are quoted as saying “America is leading the policy of economic conspiracy during the current period; to destroy the Iraqi currency and the exchange rate,” stressing “the necessity of referring to this war and not leaving it.” You can read the full articles in today’s articles section but they are not unlike the past articles in past Newsletters.
So, do you want to know who is holding up the RV, Reinstatement and Project to Delete the Zeros?
Still refuse to believe me about this U.S. conspiracy:
-Iraq has the highest monetary reserves ever in the history of Iraq at $115 billion U.S. dollars, yet the dinar is 1/6 of a penny;
-Iraq has the highest GOLD reserves ever in the history of Iraq at 132 tons, yet the dinar is 1/6 of a penny;
-Last week we were told by Iraqi news that Iraq has the strongest and fastest growing economy, yet the dinar is 1/6 of a penny;
-Iraq is pumping over 2/3 more oil than in 2003, generating massive revenues, yet the dinar is 1/6 of a penny;
-We are told the potential for massive profits from the tariffs, customs and toruism industry could rival the oil revenues, yet the dinar is 1/6 of a penny;
-At the onset of the 1991 gulf war, Desert Storm, the dinar was on FOREX at over $3, yet the dinar is 1/6 of a penny;
Are you listening to the REAL news from Iraq or so caught up in all the guru nonsense and hype? Do you really want to know the TRUTH or just pretend to listen?
Like I said many times we need to see a change in the U.S. policy for Iraq and this change is NOT going to occur until we have a change in the current Biden/Obama puppet corrupt administration. So, when will this happen, if it will happen prior to 2024?
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/
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