HENING: Trump ...may issue 'unusual' sanctions on Iraq, but in 'doses similar to chemotherapy! #iqd

 

WASHINGTON REVIEWS ALL ECONOMIC EXEMPTIONS FOR IRAN… AND IRAQ IS AT THE HEART OF THE CRISIS., 12 MARCH

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.

STATUS OF THE RV , PART. 1 BY MNT GOAT, 12 SEPT

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, let's 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.)

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

MARKZ: The end of the UN involvement in Iraq WILL GIVE US OUR RV!! @DINARREVALUATION #iraqidinar

 

WASHINGTON DEMANDS THAT IRAQ DISPENSE WITH IRANIAN ENERGY “AS SOON AS POSSIBLE”,, 12 MARCH

 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.”

MNT GOAT : "ECONOMIST: LOWER OIL PRICES MAY PUSH IRAQ TO REDUCE EXCHANGE RATE AND CUT EXPENSES" , 12 MARCH

 MNT GOAT

"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. 

Does this statement in the article mean that the CBI may revalue the dinar any time soon?

 Let's explore this notion in today's Mnt Goat Newsletter. You do want the

TRUTH, don't you?

Their words not mine....

MNT GOAT: THE ASSETS OF IRAQ CAN MAKE THE DNAR RATE FAR GREATER THAT 1/6 OF A PENNY FOR 1 DINAR