MNT GOAT
First the bad news of today. This news is negative because it impacts the SECUIRTY of Iraq. We all have read articles from the CBI that they needed SECURITY and STABILITY in order to conduct the final stages/steps of the monetary reform. So, the US Treasury Department announced, on Monday, the designation of no-fly sanctions on the Iraqi airline “Fly Baghdad” and its CEO providing assistance to the Iranian Revolutionary Guard “Qods Force” and its proxy groups in Iraq, Syria, and Lebanon. You can read the full article below in the Articles Section.
The second piece of negative news is that on Monday, a number of citizens of the Kurdistan Region expressed their support to call a boycott on Iranian products. This was announced by the Erbil Chamber of Commerce, after the capital of the Kurdistan Region as it was subjected to a violent Iranian attack. While they described the boycott as “economic punishment” for Tehran, they stressed that the boycott will be a popular response to the “crimes” committed by Iran against Iraq in general.
You can read the full article below in the Articles Section. So, you see President Trump was right again. You have to place economic sanctions on Iran as it is the only way they learn to behave. Can Iraq find these products elsewhere? I am so happy that finally Iraq is facing Iran for what they are. Maybe these attacks on their cities and the US forces finally woke them up to reality. But didn’t I tell everyone way back in 2004 that if Iraq so freely lets these Iranian militia in to their country to fight ISIS this will come to haunt them for a very long time.
One would think there should have been agreements in force at that time that would have expelled these militia from Iraq after the defeat of ISIS. This would give Iraq legal justification now to expel them, by force, if necessary. Remember reading all these articles over the decade since from Iraq on what the hell to do with all these thousands of armed militia. They are taking the jobs of Iraqi forcefully and forming gangs to enforce their will. Remember they are armed. This is the Iranian way of trying to force Iraq to get rid of any American combat troops in Iraq. Get rid of the US forces and the attacks will stop, they claim. Really? Oh… boy would hey luv to fill the gap and occupy Iraq permanently. Maybe now Iraq is waking up to just how horrible the Iranian dictator is. So far Iraq has been very patient with Iran as they are their major trading partner and so -called “Muslim brothers”. But patients are growing thin with Iran and we can see it beginning now.
These bombings in Erbil also hurt the Iraqi economy says an expert in economic and tourism affairs, Sirwan Ibrahim, confirmed today, Monday (January 22, 2024), that Erbil has been, during the past period, a stop for tourists and businessmen from countries around the world who want to establish projects in Iraq and make Erbil their headquarters and depart from there to other governorates. Ibrahim told “Baghdad Today” that “Erbil was a station for holding seminars, workshops, and courses for international organizations,” noting that “all of these matters contribute to reviving the tourism sector, as they use hotels, restaurants, markets, and the city’s airport.” So, we can see how this Iranian bombings must end and stability returned back to Iraq.
While he noted and I quote – “If this conflict continues, it will decline further because tourists will search for other alternatives, in addition to the bad economic situation that the city in particular and the region in general is going through.”
So, here is the good news. 😊 These events are NOT going to stop the Iraqi dinar currency reform as part of the financial reforms. Why? I have already told everyone in past news from my CBI contact that the currency reform is beyond the stage already to be able to appropriately stop it. There is just too much at stake not to continue the process. It is moving ahead, however these events may just delay it, NOT stop it. Remember I was told they fully intended to conduct the Project to Delete the Zeros last December and to reinstate the dinar in early January. Can you see how events have impacted their plan but not stop it. I intend to verify again these statements are still true with my CBI contact on my Wednesday call to Iraq. Stay tuned!