Saturday, May 3, 2025

FRANK26: "IRAQ WANTS TRAVEL RESTRICTIONS LIFTED... FOR A NEW EXCHANGE RATE"

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FRANK26: "IRAQ WANTS TRAVEL RESTRICTIONS LIFTED... FOR A NEW EXCHANGE RATE".....F26

 

Baghdad calls on Washington to reconsider travel warnings, while the latter praises billion-dollar agreements.


4/26/2025

 

Iraqi Foreign Minister Fuad Hussein called on the United States on Friday to reconsider its security warnings regarding travel to Iraq.

This came during Hussein's meeting with his US counterpart, Marco Rubio, in Washington.

Hussein said, "The security situation in Iraq is good and represents an additional factor attracting foreign investment. Some European countries have reconsidered their security assessments in Iraq," according to a statement issued by the Iraqi Ministry of Foreign Affairs.

He stressed the importance of enhancing security cooperation and information exchange in the fight against terrorism, and praised Washington's role as the leader of the international coalition against ISIS.

Regarding developments in Syria, the Iraqi Foreign Minister called for the launch of a comprehensive political process that respects the rights of all Syrian components and contributes to strengthening regional stability. He noted that Syrian stability has a positive impact on Iraqi security, and that the underlying causes of concern in Syria must be addressed.

He also called for caution in dealing with prisons controlled by the Syrian Democratic Forces (SDF), which hold approximately 10,000 of the most dangerous ISIS members.

On the economic front, the minister emphasized that Iraq has begun diversifying its energy sources and reducing its reliance on imported gas. He also called on American companies to increase their investments in the country.

The statement continued: "Both sides expressed optimism about the future of relations, and Fuad Hussein praised the role of the United States and its leadership of the international coalition to combat terrorism."

For his part, Secretary Rubio affirmed his country's commitment to supporting stability in Iraq and praised the joint efforts in the war against ISIS.

In a similar vein, according to the statement, the two sides discussed "opportunities to strengthen economic and trade partnerships. They commended the recent visit of a delegation of American businessmen and private sector leaders to Iraq, and the opportunity it provided to enhance economic cooperation between the two countries in the public and private sectors."

For his part, a US State Department statement stated that the two ministers discussed the importance of Iraqi sovereignty in achieving regional security and stability. The two ministers commended Iraq's efforts to promote regional calm and constructive dialogue.

Ministers Rubio and Hussein also discussed opportunities to expand economic cooperation and increase trade and investment between the United States and Iraq.

Rubio praised Iraq for hosting the first trade mission appointed by the U.S. Department of Commerce to Baghdad earlier this month, resulting in billions of dollars in agreements with American companies.


LINK

 

STATUS OF THE RV , PART. 2 BY MNT GOAT

 STATUS OF THE RV , PART. 2

😊Many of us investors are afraid that Iraq will go to “hell in the hen basket” should the U.S. military completely pull out of Iraq again, as in 2011. This fear is justified and the Iraqi state knows it themselves. 

The past big push was by the Iranian influencers in Iraq who want Iraq as their puppet state. But this is all changing. Iraq is moving away from the puppet state of Iran. We read in the article titled “TRUMP RECEIVES RECOMMENDATION TO EXTEND US FORCES IN IRAQ UNTIL 2029” that president Trump receives recommendation to extend US forces in Iraq until 2029.

 Shafaq News/ The New Line Institute, an American think tank specializing in political and military affairs, recommended that the Trump administration extend the presence of US forces in Iraq until 2029, warning of the danger of a sudden withdrawal to the capabilities of Iraqi security forces and efforts to combat ISIS. 

So, as an investor I would not worry about this 2011 situation occurring again. Remember this is what eventually led to ISIS moving into Iraq and the ISIS war in Iraq.

 A very bad move by the Obama administration, as Obama was more concerned about keeping a campaign promise in 2011 to get re-elected than he was for the security of Iraq. But this is what the “swamp” does. They only think about themselves and every move is all about their next election. We all know the devastation this very bad decision caused the Iraqi people and the delay in what we want – the RV. Do you realize this caused a delay since. This ISIS war also changed the foreign policy towards Iraq to what we have today and president Trump inherited.

😊However, Iraq is still trying to climbing the uphill battle out of the hole to gain their “full” national sovereignty status. Actions speak louder than words. In the article titled  “FOREIGN MINISTER: IRAQ IS COMMITTED TO PRESERVING ITS NATIONAL SOVEREIGNTY,” we find the Foreign Minister Fuad Hussein affirmed on Wednesday that Iraq is committed to preserving its national sovereignty.

 A statement by the Foreign Ministry received by (Al-Youm Al-Akhbariya) stated that “Foreign Minister Fuad Hussein held a roundtable with American media outlets at the Iraqi Embassy in Washington, D.C., to review the most prominent regional and international developments and highlight Iraqi foreign policy priorities, stressing “the Iraqi government’s keenness to strengthen partnership with the United States in the political, security, and economic fields.” 

I want to add that taking up this new foreign policy with the U.S. under the Trump administration will be the most opportunity Iraq will have to move ahead to financial freedom. To me Iraq will not be free until they obtain the full DFI funds and are able to reinvest this money as they desire, such as in sovereign funds. 

The option to get off the petro-dollar may not happen until president Trump can get the US off the oil backed dollar and back to the gold standard. We can see this now occurring soon. Also Iraq will need their currency returned to them and traded on a global scale. Remember this is the road to the RV.

☹As investors we have also been watching for the Oil and Gas law/referendum required by the new Iraqi constitution of 2005. Depending on the day of the week or the hour of the day the news on this topic can switch back and forth. One day we hear it is being passed on to parliament and the next day we hear it will not even be considered in the current session. See article titled “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.”

 A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue.

 Raouf told Al-Maalouma, “The current session of Parliament is in its final days, and it is unlikely that the oil and gas law will be passed during the remaining period, even though the draft law has been in existence for nearly twenty years.”

God keeps telling his prophets that the abundance and prosperity is coming. I keep asking when just like all of you. Yes, I am also frustrated at times as our gasthaus can use the funds to clean up some outstanding bills. 

So, we must continue to pray and pray hard. If you are paying attention to the news from the first 100 days of the Trump administration this gives us HOPE. We have already seen the seeds being sown for the harvest only now we have to watch them grow and be patient.

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

MARKZ: BANKS ACCEPTING IQD, VND, IDR : To me this is a great sign we are very close!! #iraq #iqd

 


Al-Sudani explains the reason for inviting the Syrian president to the Baghdad summit and Iraq's ambition to host the Iran-US talks.

 Al-Sudani explains the reason for inviting the Syrian president to the Baghdad summit and Iraq's ambition to host the Iran-US talks.

Prime Minister Mohammed Shia al-Sudani affirmed that Syrian President Ahmed al-Shara's invitation to attend the Arab League summit in Baghdad was within the established protocol of the Arab League system, noting the importance of his attendance in clarifying his vision for Syria's future to Arab countries.

In press statements monitored by Al Furat News Agency, Al-Sudani stressed Iraq's commitment to Syria's security and stability, considering it a part of Iraqi national security. He expressed his hope that Syria would witness a comprehensive political process that guarantees the rights of all citizens.

In the context of regional relations, Al-Sudani explained that Iraq maintains good relations with both Iran and the United States, affirming Baghdad's support and encouragement for the current negotiations between them. He added that the success of these negotiations will have positive repercussions for the region as a whole, including Iraq.

Regarding relations with Washington, Al-Sudani noted Iraq's efforts to shift toward bilateral relations with the United States, a focus of two rounds of dialogue in Washington. He expressed hope that the third round would be held in Baghdad.

Regarding the Palestinian issue, the Prime Minister emphasized that it is "the root of the problem in the Middle East," expressing his belief that US President Donald Trump is capable of leading global efforts to resolve it.

Al-Sudani explained that "Iraq is experiencing its best situation since the founding of the modern state," adding, "Iraq is not what is often viewed as a war zone. Indicators on the ground are different. Residents of the capital are out and about until late at night, and more than $88 billion in investments have entered the country."

He stressed that "the challenge facing my government is to restore citizens' confidence in state institutions, due to the many setbacks that have occurred over the past two decades."

The Prime Minister stated that "corruption is one of the challenges facing my government, and I have initiated practical, not media-based, measures to combat it."  link

STATUS OF THE RV, PART. 1 BY MNT GOAT

STATUS OF THE RV

Welcome to May. Yes it is May already and still no RV on the contrary to what most of these idiotic intel guru idiots bring you. It is NOT all done! 

The Iraqi dinar saga continues. We are waiting the hear news of a fourth Iranian deal rescheduled with the U.S., then see what comes next. Also, in the news this period we learn of the rare earth minerals deal that was finally completed with Ukraine.

 We also learn more about the correspondent banks working with Iraq and Iraq’s determination to be a sovereign nation and an update on the Oil and Gas law. There is nothing devastating in the news this period except that with the drop in oil prices the Iraq economy will suffer and many projects will be put on hold.  

There was a recent article about the Project to Delete the Zeros, however it was a repeat of an old articles from last year. Many of the intel gurus took it upon themselves to evaluate it. 

My CBI contact told me there is a high probability it will be executed this year and that is all she would tell me.

In the news….

😊We learn in the article titled “THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS .” On Wednesday, April 30, 2025, Mazhar Mohammed Salih, advisor to the Prime Minister for Financial Affairs, spoke about the repercussions of linking Iraqi banks to American banks.

“As long as Iraq is within the dollar zone like other OPEC countries, with the US dollar constituting the majority of its financial assets from oil revenues,

 it is in our country’s interest to deal equally with the US commercial banking system as a global correspondent power for national banks, especially when dealing with more than one US bank operating globally (Global Bank) that has major global branches and arms, ” Saleh said in a press statement followed by Al-Jabal.

This news is of course fantastic news, as it is showing us that Iraq is slowly getting back to normalcy and the final nail on the currency platform is done. We must think of why the currency auction was set up in the first place and know it had to entirely end someday. I believe this day is coming in June and this article in the news now shows us more proof of this effort.

☹In another article today titled “THE IRAQI ECONOMY IS UNDER THREAT. AN EXPERT WARNS OF THE REPERCUSSIONS OF RELYING ON OIL” once again we hear news of the necessity to get off the “rentier” oil economy for Iraq and diversify its revenues. I have talked many times about the fall of oil as the main energy source. It may take a bit more time but when these three new sources of energy surface (as the prophets tell us they soon will) this will kill the oil industry forever (as we know it today).

 But remember folks don’t go off half-cocked. Things take time and don’t move at your pace. But these changes will occur and now we are hearing more and more the reasons to get off oil. These changes are close at hand.

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

MARKZ: We should have a new rate on the dinar before they ascend!! @DINARREVALUATION #iraqidinar

 


Clarification of the Cabinet's decision regarding the withdrawal of tax deposits

  Clarification of the Cabinet's decision regarding the withdrawal of tax deposits

 A responsible source commented on Thursday (May 1, 2025) on what was circulated on social media and some media outlets regarding a government decision to withdraw tax deposits, stressing that the procedure is legal, announced, and aims to cover basic expenses, most notably salaries.

The source told Baghdad Today, "The sums referred to in the decision were not recorded in a final account within the public treasury, but were used to cover expenses, a practice followed by previous governments and implemented in accordance with a decision announced by the Council of Ministers."

He explained that "the decision included reversing the amounts of trusts from the revenues collected during tax accounting," noting that "the Ministry of Finance, as the competent authority, studied the decision before making it."

The source added, "What happened in the previous government regarding tax deposits could have been avoided if the current procedure had been adopted at the time," considering that "the deliberate distortion and fraud by some parties for electoral purposes not only targets the government, but harms all of Iraq. "

He concluded by stressing that "the government is proceeding with its reforms despite attempts to disrupt them, in a manner that ensures the best possible service to the Iraqi citizen."

Decision details: Temporary withdrawal and subsequent settlement.
The Cabinet voted last April to authorize the Minister of Finance to withdraw more than 3 trillion dinars from tax deposits less than five years old to cover salary expenses for the coming months. These amounts will be subsequently settled from monthly tax revenues.

According to observers, this measure is a temporary means of financing to overcome delays in transferring oil revenues from the US Federal Reserve into local currency, without the need for borrowing or delayed salaries.

Despite the technical
nature of the decision, the withdrawal of tax deposits sparked widespread political controversy, with some forces viewing it as a reflection of the fragility of the financial situation and the government's weak ability to manage expenditures without compromising temporary and legally allocated funds.

For its part, the Parliamentary Finance Committee believes that addressing this crisis requires a comprehensive review of fiscal policy, reducing reliance on oil, and enhancing non-rent resources, to avoid the repeated resort to exceptional solutions that could be legally considered controversial.  link


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