MILITIAMAN: before they go international, they need have their banks restructured!!‪@DINARREVALUATION‬

 

UN: IT’S TIME FOR ALL IRAQIS TO BENEFIT FROM THEIR COUNTRY’S WEALTH, 5 FEB

 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.

MNT GOAT: LATEST UPDATE FROM MY CONVERSATION WITH MY CBI CONTACT, 5 FEB

 MNT GOAT

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.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

WALKINGSTICK: IRAQI BANK FRIEND AKI : THEY'RE DE-DOLLARIZING THE WHOME MIDDLE EAST!‪@DINARREVALUATION‬

 

Iraq among 10 nations banning cryptocurrency, 5 FEB

 Iraq among 10 nations banning cryptocurrency

Shafaq News/ Ten countries prohibit cryptocurrency transactions, including Iraq over varied concerns such as financial stability, fraud prevention, money laundering, and economic control.

According to a report by US-based CEOWORLD magazine, despite the global rise of cryptocurrencies, several nations continue to impose strict regulations.

Countries with cryptocurrency restrictions or bans in 2025:

Iraq

The Central Bank of Iraq (CBI) imposed a ban on cryptocurrencies in 2017, citing risks such as financial crimes, volatility, and consumer protection concerns. Banks, financial institutions, and payment service providers are prohibited from dealing with digital assets. 

In 2018, the Kurdistan Regional Government’s Supreme Fatwa Committee issued a ruling against OneCoin, reinforcing Iraq’s cautious stance on digital assets. Despite these restrictions, informal cryptocurrency trading persists, as enforcement against individuals remains unclear.

China

China has imposed strict restrictions on cryptocurrencies since 2017, initially banning exchanges before extending the prohibition to mining and financial institutions handling crypto transactions.

Despite the crackdown, underground crypto trading remains active, with China ranking 20th in Chainalysis’ 2024 Global Crypto Adoption Index. Meanwhile, the Chinese government continues advancing its central bank digital currency (CBDC), expanding pilot programs for the digital yuan.

Egypt

While cryptocurrency regulations in Egypt remain highly restrictive, they are not an outright ban. The Central Bank of Egypt has intensified warnings against crypto transactions, though some exchanges still operate within a complex legal framework.

“Additionally, religious interpretations influence Egypt’s policies. Some Islamic scholars classify cryptocurrencies as haram (forbidden) due to their speculative nature, though these opinions remain non-binding. Despite restrictions, peer-to-peer crypto trading remains widespread, illustrating the challenges of regulating decentralized assets,” the report pointed out.

Algeria

Algeria enforces a strict ban on cryptocurrencies, citing threats to financial security and economic stability.

Despite these restrictions, informal crypto trading continues.

Bangladesh

Bangladesh has taken a similarly firm stance, with its central bank banning digital assets in 2017 over concerns about financial stability and illicit activities.

Authorities have since reinforced the ban, making violations punishable by fines and imprisonment.

Nepal

Nepal has adopted an aggressive approach to cryptocurrency, declaring it illegal and citing risks to financial stability.

“Authorities continue to crack down on traders and unauthorized exchange operators, making Nepal one of the most hostile environments for digital assets,” the report added.

Afghanistan

Under Taliban rule, Afghanistan reimposed a cryptocurrency ban in 2022, citing financial instability and fraud concerns. Authorities shut down exchanges in Herat and arrested multiple operators, making crypto-related activities highly risky.

Morocco

Morocco officially banned cryptocurrency transactions in 2017, citing concerns over financial crimes and economic stability. However, despite this restriction, the country has seen significant crypto adoption, consistently ranking among Africa’s top nations for peer-to-peer Bitcoin trading.

“Recognizing the persistence of crypto usage, Moroccan authorities are reconsidering their approach. The Bank Al-Maghrib, Morocco’s central bank, has drafted legislation to regulate digital assets, signaling a possible shift toward legalization,” the magazine pointed out.

Bolivia

Since 2014, Bolivia’s central bank has prohibited the use of cryptocurrencies, citing risks related to monetary stability and digital financial crimes.

However, in June 2024, authorities reversed this stance, allowing regulated financial institutions to process crypto transactions through approved electronic channels.

Russia

“In 2022, the Russian Central Bank proposed a complete ban on cryptocurrency transactions and mining, though the government ultimately opted for regulation instead.”

Although crypto mining is now legal, domestic cryptocurrency payments are still restricted.

STATUS OF THE RV, PART. 4 BY MNT GOAT: What is holding up the WTO accession?, 5 FEB

 STATUS OF THE RV, PART. 4

What is holding up the WTO accession?

😊In an article titled “ECONOMIST: THE IRAQI MARKET IS CENTRALIZED AND 40 INVESTMENT LAWS NEED TO BE REVIEWED AND AMENDED” we might be able to understand more clearly why the Iraqi WTO full accession announcement has not yet been given.

 Yes, it's all about investment laws. The investment groundwork must be laid firmly in the Iraqi government for the WTO to make this announcement because, as we all should know, this will be the final incentive for investors to flock into Iraq and invest in the dinar. But didn’t we hear that Iraq met all qualifications to re-join? 

Yes, we did and we read the article on this news. But we also read that there were some “investment” laws that needed to be updated, as requested by the WTO.

 I quote from the article titled “ECONOMIST: THE IRAQI MARKET IS CENTRALIZED AND 40 INVESTMENT LAWS NEED TO BE REVIEWED AND AMENDED” – 

“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.” Could this be what is holding up the announcement or is there another plan underway…just asking….?

What took so long to get the 2025 budget amendment passed?

In the rest of the news for today we read a multiple of articles about Kurdistan smuggling oil and Baghdad is paying the price. See the articles concerning this issue titled:

😊 PARLIAMENTARY FINANCE COMMITTEE “EXPLODES A SURPRISE” REGARDING THE COST OF EXTRACTING OIL FROM THE KURDISTAN REGION”

😊 “KURDISTAN SMUGGLES OIL AND BAGHDAD PAYS THE PRICE.. WHEN WILL THE UNFAIR EQUATION END?”

Kurdistan also shut off the oil shipments costing Iraq billions in revenues. Many economists told the public the economy was about to crash. 

Really? How irresponsible and this was all just FAKE news. But as investors we must try to understand what keeps happening in Iraq over this oil and the Kurds. What claims do the make to justify shutting off the oil again? How can Baghdad end this issue once and for all? We all know the answer.

 It is the Oil and Gas law and so you can see why this referendum as required by the new Iraqi constitution is so hard to get passed and is so desperately needed. In fact, it was the real culprit for all this confusing of the Kurds and the oil sales.

 It even held up the 2025 budget and its amendments until now. The Kurds use the oil sales/revenues as leverage to get what they need for Kurdistan. This will never change unless they pass the Oil and Gas Law.

☹ Next I want to bring to your attention a very discerning article. It is titled “ECONOMIST: WASHINGTON’S POLICIES TOWARDS IRAQ PREVENTED THE REVIVAL OF ITS FINANCIAL RESOURCES” Many of my readers doubt what I say and think that the actions of the US are all in support of Iraq in the past.

 Again I am telling you this has NOT BEEN THE CASE. I even going to show you evidence of this statement today from an article in the news in Iraq. 

Please take few minutes and go read it in its entirety. So what is holding up the RV? Could it be and Obama/Biden administration era foreign policies towards Iraq? Will Trump change these policies?

“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.”  

He added, “The obstacles placed by the US administration in preventing Iraq from developing its economic and financial activity”,  and “ The United States of America continues to dominate Iraq through political, security and economic agreements that Washington”. Enough said….

All I can say now is “I told you so”. Please don’t tell me the CBI is independent in making the RV decision. 

This is ridiculous and those making this claim are ignorant, irresponsible and have not been following Iraqi politics. 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 appalling. Each time Al-Sudani tries to dig his way out the mud, the US finds new ways to entrench Iraq. When will it end?

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/