Thursday, April 3, 2025

Wednesday, April 2, 2025

IRAQ PREPARES FOR THE LARGEST LEAP IN ELECTRICITY PRODUCTION: HISTORIC CONTRACTS WITH GE AND SIEMENS AND PLANS TO COMPENSATE FOR GAS SHORTAGES, 3 APRIL

 IRAQ PREPARES FOR THE LARGEST LEAP IN ELECTRICITY PRODUCTION: HISTORIC CONTRACTS WITH GE AND SIEMENS AND PLANS TO COMPENSATE FOR GAS SHORTAGES

Minister of Electricity Ziyad Fadhil revealed on Friday that Iraq is about to sign two historic contracts with the American company General Electric and the German company Siemens to boost electricity production. The first contract will provide 24,000 megawatts, while the second will add 10,000 megawatts to the national grid.

The minister confirmed in a statement received by Al Furat News that “the issue of importing Iranian gas has not yet been resolved, explaining that the ministry has not received any official notification of the suspension of supplies, while discussions on the matter are still ongoing.”  

In the face of any potential gas supply shortage, Fadel noted that “the government has alternative plans, including the use of kerosene, taking advantage of electricity interconnection projects with neighboring countries, solar power plants, combined-cycle units that do not require fuel, and the establishment of a floating gas platform at the port to enhance energy sources.” 

The minister noted that “the ministry is currently implementing the largest campaign to resolve power grid bottlenecks in all governorates, by upgrading and creating new lines and installing transformer stations, with the goal of achieving greater stability in supply hours.” 

Regarding warnings of an electricity crisis next summer, Fadel confirmed that “there is an exaggerated hype,” emphasizing that the government is well aware of the challenges and has clear plans to address them and ensure stable electricity supply in the coming months. 


STATUS OF THE RV PART 2 BY MNT GOAT, 3 APRIL

 STATUS OF THE RV PART 2

Today I also wanted to bring you news of what just happened in Libya with theor currency. We need to look at these other middle eastern countries and learn lessons from them too.    

The Libyan Dinar Saga:

On 20 January 2025, the Central Bank of Libya (CBL) had announced the issuance of new banknotes in the 5-, 10- and 20-dinars denominations in the coming weeks and months. Yes, their newer lower denominations. The LD 10 denomination was issued on 26 January. All the new denominations bear the signature of the new CBL Governor, Naji Issa. The CBL said the new denomination will go into circulation along with the currently circulating issuances, starting today, Thursday, 27 March.‎

Just so you know today 1 Libyan Dinar = 0.21 US Dollar (21 cents)

What can we learn from this Libyan Dinar?

Remember that the politics of Libya has been shaped by the “shallow state” ceded by former authoritarian leader Muammar Gadhafi, who was overthrown in 2011. It took Libya 14 years to restructure their country and finally get back their currency. Iraq is now in this same process and it is taking a bit longer than Libya due to its association and corruption with Iran. Remember that Iran is still part of the axis of evil.

So what can we learn from this latest redenomination in Libya?

First, we can learn that Libya “gradually” rolled out the new lower banknote denominations.

Secondly, we can also see that the rate is 21 cents not thousands of dinars per dollar.

Third, we can ask the question of how can Iraq expect to trade in an environment of the middle east where many, if not all, of their trading partners have currencies that have been already “normalized” and lower denominations as legal tender?  

My final point about this Libyan dinar saga is that we all know Iraq is chock-full of resources with many more assets than Libya and even many other middle eastern countries. Why is the Iraqi dinar then still suppressed? Oh….but what is important about Libya is what has been told to us in the recent articles from Iraqi news. Did you pick up on what these articles said. I hope you did but I will present a couple of the articles to you again below: (pay attention!)

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

GOLD WILL BACK THE DINAR !!! @DINARREVALUATION #iraqidinar #iraqidinarinvestor #iqd

 


IRAQ AND THE APPEASEMENT STRATEGY: A DIFFICULT BALANCE IN TIMES OF PRESSURE, 3 APRIL

 IRAQ AND THE APPEASEMENT STRATEGY: A DIFFICULT BALANCE IN TIMES OF PRESSURE

Iraq has recently faced a significant escalation in US economic and financial pressure, primarily targeting dollar transactions and Iranian gas imports, along with repeated demands regarding the future of the Popular Mobilization Forces. These pressures come as part of Washington’s efforts to isolate Iraq economically from Iran, with the aim of strengthening the effectiveness of sanctions imposed on Tehran to force it to reassess its nuclear program.

However, this policy presents Iraq with complex challenges as it attempts to maintain a delicate balance in its foreign relations.

Recent reports indicate that the United States has refused to renew the waivers that allowed Iraq to import gas and electricity from Iran. This was confirmed by Iraqi Foreign Minister Fuad Hussein on March 19, 2025, who noted that Washington described the decision as “irreversible.”

This decision threatens to exacerbate the energy crisis in Iraq, which relies heavily on Iranian gas to power its power plants. Imported gas accounts for approximately 40% of the country’s total energy needs, according to estimates from the Iraqi Parliament’s Oil and Gas Committee.

On the financial front, the United States is seeking to restrict dollar transactions in Iraq to prevent its smuggling to Iran, which is suffering from massive economic pressures due to sanctions. According to a report, Washington believes that cutting off these financial arteries will directly weaken Tehran, thus strengthening the impact of the sanctions.

But this approach places the Iraqi government in a difficult position, as Iraq holds financial reserves exceeding $100 billion in the United States, making it dependent on Washington’s goodwill to access its oil revenues.

(This is why the U.S. won’t transfer the remaining DFI funds to Iraq and keep renewing exec order 13303. See it now?)

Separately, statements by the Iranian ambassador to Baghdad, Mohammed Kazem Al-Sadiq, on March 27, 2025, sparked widespread controversy when he said that US President Donald Trump’s letter to Iranian Supreme Leader Ali Khamenei included a request to dissolve the Popular Mobilization Forces and other armed factions.

However, Iraqi Prime Minister Mohammed Shia al-Sudani quickly denied any direct US request in this regard, stressing that any decision to dissolve the factions is linked to the end of the international coalition’s presence in Iraq.

For his part, MP Alaa Al-Haidari defended the Popular Mobilization Forces Law, considering it an internal matter aimed at honoring those who sacrificed for the nation.

The Iraqi government is adopting a strategy of appeasement in its foreign policy, attempting to maintain a balance between the United States and Iran, two of its historical allies. However, this approach faces increasing challenges, especially with mounting US pressure to end economic and military coordination with Tehran. Analysts believe that Washington also aims to “undermine the unity of the arenas,” the strategy Iran uses to connect its fronts in Iraq, Syria, Lebanon, and Yemen.

Economically, Iraq is paying the price for its heavy reliance on Iran for energy. Iraqi lawmakers have called for exploring alternatives, such as Qatar and Turkey, for gas imports. However, this step requires huge investments and a long-time frame, both of which may be unavailable given the current crisis. Conversely, experts believe that economic decoupling between Baghdad and Tehran could increase pressure on Iran, but it could also cause internal unrest in Iraq, especially if the electricity crisis worsens.

STATUS OF THE RV, PART. 1 BY MNT GOAT, 3 APRIL

STATUS OF THE RV

Welcome to April! Still no RV and no its not going to happen this week…lol..lol.. 

Let me emphasize again that these RV intel gurus on the internet are playing head games with you. When will you learn their garbage is only confusing you? 

So, today I have some interesting news. I want to preface telling this news because many of you are going to off half-cocked as you normally do, by thinking the RV is imminent. It is NOT, however it won’t take long to implement this strategy either. Al-Sudani knows he might get another term,

 but nothing is certain either. So like President Trump he is moving things along. So please don’t give me your sad story bashing me that the RV did not go on ‘YOUR” timing.

Today the focus is mainly all on the Development Road Project within Iraq.

 We can now see the intent of the digital dinar and why they need it. It all now fits together nicely. Yes, it took a few weeks to figure it out.

It is to transfer funds during the series of these projects and afterwards used to export and import

Folks, this Development Road Project is huge and encompasses many aspects of what we have and are still learning. There are huge financers now coming forward. 

These are big players.

 Why are they all of a sudden committing all this money? 

Could it be the influence of President Trump? Could it be the announcement of the digital dinar? Could it be the announcement by Al-Sudani that the dollar is finally controlled, something that Ali Al-Alaq told us almost 6 months ago.

 These planned industrial cities are meant to produce and goods to be consumed in country and some exported abroad. The ability to manufacture and deliver exports has always been the wealth of any great nation.

Oh… so if Iraq can produce more needed goods in country and do not have to import what is this telling us? 

It is the balance of trade and making Iraq rich. Is this not where they needed to go economically? 

Is this not getting out of the sole issue of an oil based “rentier” economy? How many times must we hear about this goal in the news. Oh… did I mention the customs and tariffs that also are an integral part of this process and result from all of this trade? 

Didn’t they also told us in the past that this revenue alone could rival the oil sales? Are you putting two and two together? Actually, its much more than two and two. Let’s take a look at all the pieces:

1.Port of Faw

2.Customs and Tariffs Reforms

3.Industrial Cities

4.Development Road Project

5.All the Pillars of Financial Reforms we have been witnessing (last 2 years)

6.A non-corruptible system of payments and funding (The new Digital Dinar)

7.Currency Reform (TBD)

Are all these parts not what they have been telling us all along they needed to do in order to have the needed economic “stability” and “sustainability”? 

 I do not believe for one second, they intend to use the US dollar anymore for trade in the near future, actually they just told us this recently, so we know it's now a FACT. They told us they will be using their own currency – the digital dinar.

 If this ain’t a WOW! I don’t know what it…. lol.. lol.. lol… But how can they do this without the IQD on FOREX. I don’t know, you tell me…. 😊

Having said all this, then why are many of my readers so gloomy? Why are many of you giving up? I don’t get it. Yes, I get the frustration too. Don’t think I am not also frustrated with all the corruption that has been holding back what we want. 


NOTES FROM ADAM : We are literally around the corner from notifications!! @DINARREVALUATION #iqd

 


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