Article: "Government advisor rules out Trump's oil cut plan, predicts appropriate price for Iraq"
Quote: "The financial advisor to the Prime Minister, Mazhar Muhammad Salih, ruled out the success of US President Donald Trump’s plan to reduce oil prices in global markets...
Saleh believed that what President Trump launched to work to make America the first producer and exporter of crude oil in the world to reduce prices will collide with the cost of producing shale oil...
which exposes American oil to loss unless American oil touches $80 per barrel to exceed the actual break-even point to recover costs and achieve profits.
Baghdad-INA The International Road Transport Union (IRU) announced during its visit last week that Iraq is heading towards implementing the first historic transport operation through the international road transport system (TIR). The union stated in a statement, followed by the Iraqi News Agency (INA), that “a delegation from the International Road Transport Union (IRU) visited Iraq last week to lay the foundation for the first cross-border transport movement in the country within the international road transport system (TIR).
It explained that “Iraq is close to achieving a historic achievement in cross-border trade, as the first transport operation under the umbrella of the international road transport system is expected to take place soon, as this event represents a turning point for the country and a major step towards full integration into the recognized international system for customs transit.”
It added that “during the past week,
the International Road Transport Union (IRU) held key discussions with stakeholders in the public and private sectors, reinforcing Iraq’s commitment to modernizing the trade sector and adopting international best practices.”
It pointed out that “a specialized workshop was organized during the visit, focusing on the importance of international agreements of the United Nations, such as the TIR Convention and the European Convention on the International Carriage of Dangerous Goods by Road. Experts highlighted the vital role of these agreements in simplifying cross-border trade, enhancing trade security, and reducing road accidents. Discussions also addressed the importance of professional excellence in the land transport sector and developing strong regulatory frameworks to support it.”
The statement continued that “cooperation between the public and private sectors was one of the main themes of the meetings, as its essential role in achieving these goals was emphasized,” noting that “effective coordination between government authorities and the private sector is a crucial factor in ensuring the smooth implementation of the TIR Convention and the European Convention on the International Carriage of Dangerous Goods by Road, which enhances Iraq’s position in regional and global trade.”
It concluded that “as Iraq prepares for this achievement, it stands on the threshold of a new era in the field of transport and international trade, as it adopts global best practices to enhance efficiency, security, and economic growth.”
In this video transcript, the speaker expresses their views on trade policies, particularly focusing on tariffs imposed by the Trump administration.
They argue that the tariffs on China have created significant financial burdens for American businesses, making it difficult for them to operate competitively.
The speaker outlines a strategic plan for circumventing these tariffs through alternative trade routes, such as using India as a staging ground for goods sourced from China, thus minimizing costs.
They also emphasize their approval of Trump’s policies overall but voice a strong disagreement specifically regarding trade tariffs. Additionally, the speaker touches on the Israeli-Palestinian conflict, advocating for a two-state solution as a fair resolution. Their overall tone is one of pragmatic business insight, combined with a desire for fairness in geopolitical matters.
💰 Trade Tariffs Increase Costs: The speaker highlights how the increase in tariffs from 10% to 35% significantly raises the cost of imported goods.
🌏 Strategic Trade Routes: They propose utilizing India as a transit point to reduce tariff costs when importing goods into the U.S.
🚫 Circumventing Tariffs: The speaker explains their strategy to minimize tariff burdens by rerouting goods through countries with lower tariffs.
🤔 Support for Trump, but Not on Trade: The speaker clarifies that while they support Trump politically, they disagree with him specifically on trade policies.
⚖️ Two-State Solution for Peace: They advocate for a two-state solution to resolve the Israeli-Palestinian conflict, emphasizing fairness.
📈 Business Insights: The speaker draws from personal experience in business to illustrate the real-world impacts of trade policies.
🏛️ Critique of Ideological Arguments: They challenge religious or ideological arguments regarding territorial claims, favoring pragmatic solutions instead.
Key Insights
📊 Financial Impact of Tariffs: The speaker underscores that the increase in tariffs can substantially inflate the cost of goods. For instance, a $110,000 purchase becomes $135,000 due to tariffs, which is unsustainable for businesses. This perspective is crucial as it illustrates the broader economic consequences of trade policies and how they affect everyday business operations.
🌐 Utilization of Trade Agreements: By highlighting the relatively low tariff rates between India and the U.S. (3%) and between India and China (1%), the speaker identifies a loophole that savvy businesses can exploit. This insight is significant as it shows how businesses are adapting to the changing landscape of global trade and finding ways to mitigate costs through strategic logistics.
🔄 Global Trade Manipulation: The speaker asserts that businesses have been creatively navigating tariffs by rerouting products through countries with lower tariffs. This not only reflects the resilience of businesses facing restrictive trade policies but also raises concerns about the effectiveness of such tariffs in
achieving their intended economic outcomes.
🔍 Misconceptions About Trump’s Policies: The speaker emphasizes their support for Trump, indicating that their critique is not a rejection of him as a leader but a focused disagreement on trade. This distinction is important in political discourse, where nuances in opinion can often be lost in broader critiques.
🕊️ Advocacy for Peace in the Middle East: The call for a two-state solution in the Israeli-Palestinian conflict showcases the speaker’s desire for pragmatic solutions over ideological ones. By suggesting that both parties should have their own state, they advocate for a resolution that respects the sovereignty and governance of both groups, which is a critical aspect of peace negotiations.
⚖️ Critique of Ideological Arguments: The speaker’s rejection of religious justifications for territorial claims in the Israeli-Palestinian conflict highlights a pragmatic approach to complex geopolitical issues. This perspective encourages discussions based on reality and mutual respect rather than historical or religious narratives that may perpetuate conflict.
🏗️ Impact on American Businesses: The speaker’s insights into the challenges faced by American businesses due to tariffs provide a real-world context to the discussion on international trade. By understanding the financial pressures and strategic adaptations that businesses are forced to make, policymakers can better assess the implications of their trade decisions.
In conclusion, this video transcript presents a multifaceted discussion on trade policies and their impacts on American businesses, while also addressing broader geopolitical issues. The speaker’s perspective serves as a reminder of the intricate balance between domestic policies and international relations, and the importance of finding practical solutions that foster economic growth and peace. The insights derived from their experiences and observations provide valuable lessons for both policymakers and business leaders navigating the complex world of global trade.
Prime Minister Mohammed Shia Al-Sudani, on Wednesday, February 5, 2025, affirmed Iraq’s desire to cooperate with NATO in the field of military industries.
The Prime Minister’s Information Office said in a statement received by Baghdad Today, that “Prime Minister Mohammed Shia Al-Sudani received today, Wednesday, NATO Secretary-General, Mr. Mark Rutte, and the accompanying delegation.”
He added that “during the meeting, cooperation relations between Iraq and the Alliance in the files related to capacity building and support for the Iraqi armed forces in the fields of advice and training were discussed.”
The Prime Minister stressed “the importance of continuing communication to build cooperation relations with NATO, within its advisory mission in Iraq, in light of the state of recovery, political stability and economic growth witnessed by the country, and in a way that helps Iraq exercise its leading role in the region,” stressing “maintaining the balanced Iraqi position despite the limitations, as well as Iraq maintained its supreme interests, in addition to supporting stability efforts in the region.”
Al-Sudani said that
“Iraq looks with interest at the role of NATO’s advisory mission in Iraq, and cooperation in the field of training, planning and exchange of experiences.”
According to the statement, Al-Sudani touched on “the ambitious war industries program supported by the government,” stressing “Iraq’s desire to cooperate with NATO in the field of military industries, especially defense equipment, which contributes to enhancing security and deterring any possible aggression.”
The Secretary-General of NATO expressed his “appreciation for the Iraqi steps,” addressing Sudan “an official invitation to attend the North Atlantic gathering to be held soon in Brussels and deliver a speech by Iraq.”
He praised “the government’s efforts in security developments and the state of stability and growth in the country,” stressing “NATO’s keenness to strengthen the relationship with Iraq and enhance fruitful cooperation, especially in the field of military industries.”
The statement continued, “The meeting witnessed a discussion of the developments in the region, the status of the truce in Gaza and Lebanon, and the developments of the situation in Syria.”
PARLIAMENTARY FINANCE COMMITTEE “EXPLODES A SURPRISE” REGARDING THE COST OF EXTRACTING OIL FROM THE KURDISTAN REGION
The Finance Committee of the Iraqi Council of Representatives said on Sunday that the vote on amending the general budget law is related to the proposal sent by the federal government to the council. While it explained that the cost of extracting oil is $16 and is not fixed, but may reach $22, it confirmed that stopping the export of the region’s oil led to the federal government losing more than $14 billion.
Committee member, Ikhlas al-Dulaimi, told Shafaq News Agency, “The House of Representatives voted today to amend the general budget law, and the vote was on the proposal sent by the government to the House.”
Al-Dulaimi explained that “the cost of extracting oil in the Kurdistan Region, according to the amendment, is $16 per barrel, and the cost is not fixed, as there will be a consulting company that will determine the actual cost of extracting oil, and it may reach $22 per barrel, and according to this cost, the federal government will be obligated to pay it to the Kurdistan Region.”
She explained that, “according to the budget amendment, the region’s oil will be delivered to SOMO,
which will be responsible for selling the oil abroad,” noting that “the halt in oil exports was not due to the region, but rather it was due to the federal Ministry of Oil filing a lawsuit against the Ministry of Oil in the region, which caused the halt in oil exports, and this led to the federal government losing more than 14 billion dollars.”
Today, Sunday, the Iraqi Council of Representatives voted on the draft law amending the first law of the Federal General Budget Law of the Republic of Iraq for the fiscal years 2023 – 2024 – 2025 No. 13 of 2023.
For his part, independent MP Ahmed Majeed announced in a statement to Shafaq News Agency that members of the House of Representatives from the central and southern governorates boycotted the parliament session held today, considering that voting on the budget “violates the law and the internal regulations of the council due to the lack of a legal quorum.”
Majeed explained that “the number of present representatives does not exceed 140 representatives, which means that the quorum is not achieved,” stressing that they doubt the legitimacy of the session. He added, “We will file an appeal with the Federal Court against the House of Representatives for violating the law and proceeding with the vote on amending the budget law.”
(Kurdistan has always wanted a bigger % of the oil proceeds as the % now allocated is not enough. The cost of extraction varies by oil well and this has been the reason all along why the Kurds are illegally selling their oil outside of the pumped metered system. This can easily be remedied but Baghdad has to take the time to listen and then take actions to reason with the Kurds on this matter. They are going to work it out as the budget amendments have been passed.)
Finance announces the launch of national bonds (first issue) for public subscription
The Ministry of Finance, represented by the Public Debt Department, announced the launch of national bonds (first issue) for public subscription, with a total value of (2) trillion Iraqi dinars, for the period from February 10 to March 10, 2025, as part of its plan to enhance local investment and provide savings tools for citizens and investors.
The ministry's statement stated that the bonds are distributed into two categories:
️The first bond is worth 500,000 dinars with an annual interest of 6%, and is due after two years, with interest paid every six months.
The second bond is worth 1,000,000 dinars with an annual interest of 7.5%, and is due after four years, with interest paid every six months. It explained
The bonds are characterized by their tradability on the Iraq Stock Exchange, which provides a distinct investment opportunity for citizens and companies looking for stable financial instruments.
She explained that the bond offering comes based on Article 77 first of the Federal General Budget Law No. (13) for the years 2023, 2024, and 2025, with the aim of supporting the national economy and enhancing confidence in the Iraqi financial system. link
KURDISTAN SMUGGLES OIL AND BAGHDAD PAYS THE PRICE.. WHEN WILL THE UNFAIR EQUATION END?
In a scene that reflects a deep imbalance in the relationship between Baghdad and the Kurdistan Region, oil smuggling from the region abroad continues at a time when the United States is demanding that the Iraqi government pay $5 billion in compensation for the work of its companies in Kurdistan.
The equation seems clear: the region is smuggling oil secretly and making financial gains, while Baghdad bears the financial and legal burdens. So how long will this economic bleeding continue? Does the region need a political and security awakening to put things back on track?
Kurdistan and oil smuggling: who wins and who loses?
Smuggling is taking place via the Turkish Kurdistan-Ceyhan pipeline, away from Baghdad’s supervision, using intermediary companies that hide the true source of the oil and sell it on international markets.
Beneficiaries of smuggling
The first and last beneficiary is the Kurdistan Regional Government, which receives direct revenues without returning to the Iraqi treasury,
followed by foreign oil companies, most of which are American, operating in the region and reaping huge profits despite legal disputes, in addition to countries and smuggling networks that benefit from the difference between the official price and the price on the black market.
Baghdad is the most affected
A- Huge financial losses: Iraq’s losses due to oil smuggling are estimated at billions of dollars annually. B- Budget deficit: Baghdad is forced to compensate for the lost revenues from oil smuggling . C- Legal and international pressure: Washington is pressuring the Iraqi government to pay compensation to American companies operating in Kurdistan, even though these companies operate outside the legal framework of the central government. D- The United States is demanding that Iraq pay $5 billion in compensation to its companies operating in the region. At the same time, Washington has not exerted any serious pressure on Erbil to stop illegally exporting oil, which raises a legitimate question: Why does Washington support the entrenchment of the oil and economic division between Baghdad and Erbil? As the Kurdistan Region continues to reap profits from Iraq’s wealth, while Baghdad bears the legal and financial costs, this unfair situation forces the Iraqi government to make decisive decisions to end this crisis. Are we witnessing the end of the era of smuggled oil, or will politics continue to control the economy?
Member: What are we expecting once the budget tables are done?
MZ: We are expecting and hoping the Iraqi tables to have new rates. Amounts and new rates for currency… I am told parliament is working on them today
MZ: “ Is Silver on the verge of the biggest breakout in History? “ Imo personal opinions based on history and charts we may see silver hit $50 and ounce
Member: Is there any new historic bond or redemption contact news?
MZ: It’s is like pulling teeth to get bond news since they are cracking down on them ..plugging leaks and doing more compliance work as things are again “out of date” since this has taken so long. They are again updating things. So once again while they go through updating compliances….things are very quiet.
MZ: Many bond contacts had expected things to happen on Jan 4th…but some are now looking at after the 10th to the 12th .
ECONOMIST: WASHINGTON’S POLICIES TOWARDS IRAQ PREVENTED THE REVIVAL OF ITS FINANCIAL RESOURCES
Economic expert Rashid Al-Hamdani confirmed on Saturday that the United States, since its occupation of Iraq in 2003 until now, has been following an economic policy that has transformed the economic recovery and made its fate linked to the financial policy of the US Federal Reserve Through its dominance over oil sales resources and preventing the entry of major international companies to establish projects that develop and stimulate its economy.
Al-Hamdani said in a statement to Al-Maalouma Agency, “The United States, with all its successful administrations, still represents an obstacle to the development of economic activity in Iraq by imposing economic restrictions that prevent the country’s economy from recovering, and by following monetary policies that have harmed Iraq for known reasons.”
He added, “The obstacles placed by the US administration in preventing Iraq from developing its economic and financial activity,
the most prominent of which is the continued dominance of oil sales funds and linking them to the US Federal Reserve and preventing the entry of major international Companies to establish projects that develop and activate its economy, in addition to its support for terrorist groups and its involvement in a long war with ISIS, which has drained its economy very significantly.”
The United States of America continues to dominate Iraq through political, security and economic agreements that Washington sets out according to what primarily serves its interests. The American administration has sought to circumvent political agreements in order to block the path of parties trying to rid the country of their control over Iraqi oil sales money.
(All I can say is “I told you so”. Will Trump change this Obama/Biden era foreign policies towards Iraq? This is the only way and I mean ONLY way we will see the RV in short order. Yes, I know it’s a pity what the US is doing to Iraq.The abuse is appauling. Each time Al-Sudani tries to dig his way out the mud, the US finds new ways to entrench Iraq. When will it end? )
“Coffee With MarkZ” Wednesday Morning Chat 2-5-2025
Dinar Recaps 20
PDK Note: I only transcribe RV/Financial news and intel. Not political opinions or most guests on this podcast. If a podcast is mostly political…I may not transcribe it at all. Thank you
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Gooood morning Mark, mods and fellow Patriots
Member: Wed. already and we continue to wait….Hope Mark has some RV news today.
Member: I cross my fingers we get great news posted in the Iraq gazette this weekend.
Member: Please tell us we are close to getting a published rate in Iraq?
Member: Ramadan starts Feb 28th and lasts a month
Member: Do you think we will see the RV before Easter Mark?
MZ: I think we will see it before Easter…..I could be wrong…but that is what I think
MZ: From Iraq: “Trump makes a decision to prevent Iraq from importing gas and electricity from Iran” We know Iraq is working on getting its gas facilities up to speed for consuming and using their own natural gas products…..as far as electricity-Iraq is going to need a bit of help from the US . You can expect the US to help build infrastructure in Iraq. In the long run this will bring more stability to Iraq and stop influence from Iran. There needs to be a quick response to make this work.
Member: Mark we have the best people that come up with impossible solutions with the Army Corp of Engineers and Navy Seabees.
We use both organizations together and nothing we can't accomplish post haste.
MZ: “ Sudanese Diplomacy puts Iraq on the path to peace : A strategic choice to avoid the scourge of war” While things fall apart around Iraq….they are standing strong. Part of the reason is because they are working with the new Trump administration
MZ: “ Iraq and Jordan agree to reorganize entry of goods” They are working on a joint economic city on the border so this will become a “border city” or a trade city for both sides. Jordan is widely accepted as a friend to all westernized countries and will open up an enormous door for Iraq internationally. This is big and exciting news.
MZ: From Rueters “ British petroleum (BP) plans to invest $25 billion in Iraq” They would not be there if they did not think they would make their money back over time. This is a long term commitment to the Kirkuk region….more Stability
MZ: “Iraq finance launches bonds worth two trillion dinars to boost investment and save” This is exciting. Iraqi citizens wish to invest in the future of Iraq and they get a better rate then even US Savings bonds.
Member: What are we expecting once the budget tables are done?
MZ: We are expecting and hoping the Iraqi tables to have new rates. Amounts and new rates for currency… I am told parliament is working on them today
MZ: “ Is Silver on the verge of the biggest breakout in History? “ Imo personal opinions based on history and charts we may see silver hit $50 and ounce
Member: Is there any new historic bond or redemption contact news?
MZ: It’s is like pulling teeth to get bond news since they are cracking down on them ..plugging leaks and doing more compliance work as things are again “out of date” since this has taken so long. They are again updating things. So once again while they go through updating compliances….things are very quiet.
MZ: Many bond contacts had expected things to happen on Jan 4th…but some are now looking at after the 10th to the 12th .
Mark, next week is Valentine’s day on Friday the 14th AND President’s Day on Monday the 17th… so a 3 day weekend.... Any chance they are gonna hold out announcements until then as it’s a 3-day weekend??
Member: Many are saying money exchange will happen first and nesara gesera will be in Aug ? Was hoping it would all happen at the same time
Member: The U.S. Department of the Treasury is offering $125 billion of Treasury securities to refund approximately $106.2 billion of privately-held Treasury notes and bonds maturing on February 15,
Member: U.S. Department of the Treasury Withdraws from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS)
Member: Wow my bank is down for updates
Member: Come on RV momma needs a new pair of shoes, and daddy needs a new truck. Lol
Member: Everyone enjoy your day and keep praying our breakthrough happens quickly. God Bless
ECONOMIST: THE IRAQI MARKET IS CENTRALIZED AND 40 INVESTMENT LAWS NEED TO BE REVIEWED AND AMENDED
Economic expert Abdul Rahman Al Mashhadani confirmed today, Friday, that the problem facing foreign investors in Iraq is not limited to the security and political situation only, but rather it is a complex problem.
Al-Mashhadani added to Al-Furat News Agency that “talking about attracting investments is not limited to a specific region, but rather depends on the general situation in the country.”
He explained that “the investment climate in Iraq requires several factors, including the political factor and the conflict between the blocs, in addition to the investment laws that need to be reviewed, as their number has reached about 40 laws.”
He pointed out that “there are paragraphs in these laws related to the economy in general.” Al-Mashhadani pointed out that “the Iraqi government is moving towards a capitalist economy and following a market economy according to the principle of supply and demand, which means that the government cannot interfere in all economic details.”
He pointed out that “the current laws were enacted a long time ago, and are not compatible with the nature of the current stage.”
FOREIGN MINISTER: WE ARE HOLDING TALKS WITH AMERICA REGARDING THE PRESENCE OF ITS FORCES IN IRAQ AND WE ARE CONSIDERING VISITING DAMASCUS
Foreign Minister Fuad Hussein announced that Iraq needs international support to confront the threats of ISIS.
Hussein said in a press statement: “The presence of about 10-12 thousand ISIS elements in SDF prisons poses a threat to Iraq.” He pointed out that “discussions are underway with the United States regarding its presence in Iraq and the development of bilateral relations.”
He added, “There is no official visit by the Iraqi Foreign Minister to Syria at the moment, but it is under consideration.” He pointed out that “Iraqi-Turkish talks focus on the situation in Syria and the threats of ISIS.”
My contact told me that there is a “reset” underway.
She firmly believes this RV will not happen until the U.S. Treasury approves it to let it go
She explained the reset is NOT just about ending corruption but to have the end result to reset the financial and the economic basis in many countries, especially the US and the UK
This procedure of reset would mean restructuring the financial system in the US much like they did in Iraq. She told me as we can already see the progress is underway and will continue. At some point they will turn on the Iraqi dinar and use it to infuse investment capital into the U.S. system.
Also, a very important part of the conversation is that she emphasized with me is that this investment money is also meant to help Iraq, as much of this investment money will recycle back into Iraq as investment money.
AL-SUDANI CALLS ON KURDISTAN TO IMPLEMENT THE BUDGET LAW AMENDMENT IMMEDIATELY
The government said on Sunday that the House of Representatives’ vote to amend the budget law according to the text approved by the Council of Ministers confirms the “political stability” and the state of understanding that characterizes this stage, and also reflects the high cooperation between the government and the House of Representatives, calling for action in accordance with it by Kurdistan and the Ministry of Oil.
Government spokesman Bassem Al-Awadi said that Prime Minister Mohammed Shia Al-Sudani “expresses his appreciation for the responsible and constructive step taken by the Council of Representatives, by approving the amendment to the Federal General Budget Law of the Republic of Iraq for the fiscal years 2023-2024-2025, Law (13 of 2023), in accordance with the text of the amendment received from the Council of Ministers.”
Al-Awadi added, “On this occasion, Al-Sudani extends his thanks to the Speaker of the House of Representatives, the First Deputy Chairman of today’s session, the Second Deputy Chairman, and the heads of the parliamentary blocs, for their understanding and support of the government’s vision,
which has continued to implement its program according to the priorities previously approved by the people’s representatives, which meet the aspirations of our Iraqi people in all parts of our country.”
He continued, “Voting on the amendment according to the text approved by the Council of Ministers confirms the political stability and the state of understanding that characterizes this stage, and also reflects the high cooperation between the government and the House of Representatives to continue working together, in order to continue the momentum of the wheel of development, reconstruction and reform, which has started and will not stop, God willing, as the government continues to work to confront problems and challenges with a sense of responsibility and based on the supreme interests of Iraq.”
According to Al-Awadi, Al-Sudani called on both the Kurdistan Regional Government of Iraq, with its specialized institutions, and the Federal Ministry of Oil, to “immediately begin and work on this amendment, in order to optimally invest our natural resources, especially oil wealth, and let this wealth be a factor in supporting stability, and a motive for further implementation of plans and programs that meet the needs of our people.”
FIREFLY:Banks are training on cross-border payments...Mr. Sammy wants you to know...
the cross border payments are currency exchanges with Iraq and with other international countries...It's really a little deeper training that just saying cross-border payments.
FRANK: IMO the training is being done with the new lower notes...To see this kind of training at the borders is fantastic!
UN: IT’S TIME FOR ALL IRAQIS TO BENEFIT FROM THEIR COUNTRY’S WEALTH
The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, said on Friday that Iraq is approaching an important constitutional entitlement, which is the elections, expressing his confidence in the ability of the Iraqi people to exercise their constitutional right peacefully and responsibly, stressing that the time has come for all citizens of the country, regardless of their affiliations, to enjoy its benefits, far from sectarian and exclusionary projects.
The message at the United Nations is a clear message: stability and security in Iraq.
Iraq is for everyone and it is a homeland that embraces everyone.
The soil of Iraq rejects sectarian, factional and exclusionary projects.
We at the United Nations believe that such sectarian and factional projects have no future in this country. We have confidence in the awareness of the Iraqi citizen and his ability to distinguish between the good and the bad.
Today, the Iraqi citizen is yearning for more careful leaders, leaders whose concern is not to market political projects as much as it is to present projects that improve the living conditions of Iraqis in all governorates. Projects that provide security and a decent life for all Iraqis. The education, transportation, roads, health, electricity and other sectors need development.
The Iraqi citizen is looking forward to seeing tangible efforts in various sectors.
What we have seen in the past few years is something honorable and heartwarming.
Iraq is approaching an important constitutional entitlement, namely the elections, and we have confidence in the ability of the Iraqi people to distinguish and exercise their constitutional right peacefully and responsibly, by choosing the leaders in whom they see what fulfills their aspirations and hopes, far from sectarianism and far from exclusionary projects.
It is time for the people of this country, regardless of their affiliations, to all enjoy the blessings of this country. The future of Iraq is a trust, sectarian projects and fear-mongering from the past and the future are over. We wish this country all the best and prosperity and all that is good and beneficial for this country and the people of this ancient country.
Having reviewed all this news for today, I need to conclude with last Wednesday’s 01/29 conversation with my CBI contact:
I will tell you what I was told. You may or may not like it but it is what it is.
My contact told me that there is a “reset” underway. She was definite to define what “reset” meant. As I progress through this conversation you will see more of what she meant.
The reset can’t be stopped, she said. It began when president Trump first took office in 2017 but was slowed down due to the election fraud and the “soft” coupe against the government of the United States. The reset process t now continues but at an accelerated pace during Trump’s second term as president. She firmly believes this RV will not happen until the U.S. Treasury approves it to let it go.
She is still on the committee to coordinate the Project to Delete the Zeros, however has been given another assignment in the meantime.
She explained the reset is NOT just about ending corruption but to have the end result to reset the financial and the economic basis in many countries, especially the US and the UK.
Oh…now I can see why the U.S. and Great Britian all of a sudden are making aggressive moves to invest in projects in Iraq. It all made sense to me now. It will make more sense to you too as you read on and continue….
This procedure of reset would mean restructuring the financial system in the US much like they did in Iraq. She told me as we can already see the progress is underway and will continue. At some point they will turn on the Iraqi dinar and use it to infuse investment capital into the U.S. system. First, however other goals of the Trump administration must coincide as part of the reset process. These goals are to cut expenses, eliminate wasteful and corrupt spending.
They must balance the budget. Then they are going to go after the taxes and find alternative ways to fund the governments and take the burden off of the average citizens. The US is also going to pay down the debt but she was uncertain how this would happen. I mentioned Elon Musk and she said many Iraqis follow the US news media and so she knew all about him.
This was interesting as I can already see the undertones of all of these efforts now underway in the US.
When the US is ready, this infusion of money will go to the citizens and not borrowed the money from the Feds (the banking cartel).
It is the citizens, through the legitimate banking system, who will finance these large-scale projects. I can only imagine the government plans to have some sort of programs at the banks in this regard for us investors to take part in. We will see what is offered.
Also, a very important part of the conversation is that she emphasized with me is that this investment money is also meant to help Iraq, as much of this investment money will recycle back into Iraq as investment money.
She does not now know at what point the US has to reach to reach. One point I do want to make is I can already see a change from the stagnate Obama/Biden era policies of corruption on Iraq. At least know we have some more positive news, I thought.
She then told me she would keep me informed of the latest news as this process is taking place. I was actually amazed at this plan but not shocked. I did see something like this coming. It is actually a brilliant plan.