Mr. Pool: Tier4b activation has begun!! @DINARREVALUATION #iraq #iraqidinar #iraqidinarinvestor

 

AMAR: VIETNAM IS DISCUSSING RATE CHANGE!! ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

 

Iraqi Parliament dismisses US lawmakers’ claims of Iranian influence

 Shafaq News/ The Iraqi Parliament’s Foreign Relations Committee on Thursday rejected recent accusations by members of the US Congress alleging Iranian influence over Iraq’s political and security institutions.

Two Republican lawmakers had called for a “comprehensive reassessment” of US–Iraq relations and urged the suspension of all American assistance to the Iraqi government until what they described as “serious steps” are taken to reduce Iranian involvement.

Committee member MP Mukhtar al-Moussawi told Shafaq News that such calls are not new and do not reflect the official position of the US administration. “These are media-driven appeals that lack any real substance,” he said.

“There is no Iranian hegemony over Iraq,” al-Moussawi stressed. “Iraq’s decisions and its relationship with Iran are similar to its relations with other countries in the region and around the world.”

He asserted that the US seeks strong relations with Iraq due to its strategic importance, and there is no indication of any intention to impose sanctions. “Ties between Baghdad and Washington are progressing across multiple levels and will not be affected by suspicious appeals from certain hardline figures in the US Congress.”

STATUS OF THE RV . PART.6 BY MNT GOAT

STATUS OF THE RV . PART.6 

The campaign focused on the concept of simplicity of use and security of the experience, removing the psychological and cultural barriers associated with fear of financial technology, especially in a country where a large portion of the economy still operates in cash and on the margins of banking. 

“Asreflak” gained double power because it wasn’t just a top-down decision, but rather the product of a need from below. Field monitoring showed that people were ready to embrace this change, but were waiting for trust, and now they have found it.

What more can I tell you today?

😊I find this next article interesting because once again Iraq is reinforcing the decline of the dollar. This time a finance committee member is telling us the real reasons why the decline. See article titled “THE PARLIAMENTARY FINANCE COMMITTEE EXPLAINS THE REASONS FOR THE DECLINE IN THE DOLLAR PRICE: IT IS NOT DUE TO GOVERNMENT MEASURES.”

 Member of the Parliamentary Finance Committee, Jamal Kocher, considered on Tuesday that talk about measures taken by the government that contributed to the decline in the dollar exchange rate against the Iraqi dinar is “incorrect.”

 “There are many reasons for this decline, the most prominent of these reasons is the stagnation of trade and the decline in demand for the dollar in the parallel market.” Feel free to read up on the other reasons for the decline in the full article in the Articles Section of the Newsletter.

 Remember that the current CBI “official” rate if the dinar is still at 1320 although there is some fluctuations in the ISX market to 1300-1310. The goal is still to get the parallel dollar market even with the “official” rate.

It has not yet happened but is making progress every day in that direction.

😊 Okay so now that we talked about the successful AML efforts we see that the exposure of more potential wealth for Iraq. Let’s study the article titled “HUGE UNTAPPED WEALTH… IRAQ’S TOP 5 MINES”. Just be reading the title I say WOW! WOW! WOW! But I have already talked about these other minerals to you many times already. So, today we get more details about them in this article.

Iraq’s five most prominent mines reveal a map of mineral wealth that remains untapped due to decades of security challenges that have led to the neglect of these resources.
According to a report published by the Energy Platform, Iraq’s most prominent minerals include “sulfur, phosphate, and rock salt, along with strategic minerals such as iron, manganese, zinc, and lead.” The report indicated that “despite the dominance of oil in the economy, Iraq boasts vast mineral resources concentrated in a number of mines.”

So, again lets summarize some of the wealth:

• Oil revenues (realized and untapped)
• Customs and Tariffs (can rival the oil revenues)
• Tourism (hotels, holy shrines, pilgrimages, museums, etc)
• Agriculture exports
• Development Centers / Industrial Cities (soon to generate many exported products)
• Untapped minerals (sulfur, phosphate, and rock salt, iron, manganese, zinc, lead and some rare earth minerals.)
• Gold Mines in Iraq
• What did I miss?

In summary, if any of my readers are gloomy today this Newsletter should cheer you up. I wish I could give you a date and a firm rate for the revaluation, but this will never happen. But what I can give you is HOPE. I mean realistic HOPE with FACTS and TRUTH not some intel guru every day / any day bullshit. This AML effort was a critical part for Iraq and effected the three Pillars of Financial Reforms. If you read today’s articles, they all sound like reforms of the past. In other words, already completed.  

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

WALKINGSTICK: The United States of America is working on an act. The act is called Free Iraq from Iran

Walkingstick

  The United States of America is working on an act. 

 The act is called Free Iraq from Iran.  It's a congressional act.  HR-2658.

  It was done on April 3, 2025.

 Walkingstick 

  Yesterday they made a statement at the Baghdad summit.  

This Baghdad summit is a stage IMO to show off to every that is interested in the potential of Iraq's future.  Not right now, but as soon as they release the new exchange rate...Sudani...

said Iraq is a Recovered nation....They have a recovered monetary reform...monetary  policy... investment opportunity...recovered their banks...infrastructure...

They have recovered 1310 and in doing so IMO have a recovered exchange rate.  

This is part of the recovery to say to the world and Iraqi citizens that the recovery of their monetary policy was successful.

https://dinarevaluation.blogspot.com/2025/05/tidbit-from-walkingstick_02108579958.html

MNT GOAT: We can expect something BIG to occur when these three issues come up !! #iraqidinar

 

From Mogadishu to Madrid: Iraq’s forgotten global assets

 Shafaq News/ From tea plantations in Vietnam to Mediterranean villas in France, and from the outskirts of Mogadishu to the coastlines of Mozambique, a vast trove of Iraqi-owned properties and investments—valued at no less than $90 billion—has slipped into obscurity. 

Once key instruments of influence and diplomacy, these assets now lie buried in unarchived files, undocumented contracts, and unnamed holdings.

Forgotten Assets

Senior diplomatic sources who spoke with Shafaq News reveal that Iraq holds more than 50 properties and foreign investments scattered across Europe, Asia, and Africa. Acquired over decades, this portfolio spans luxury real estate, farmland, banks, office buildings, and industrial facilities.

Europe houses a significant portion of Iraq’s footprint, with assets in Spain, France, the UK, and Italy. Some properties are situated in prestigious locations, such as Cannes on the French Riviera, a city synonymous with elite allure. Beyond residences, the holdings include financial institutions and commercial offices strategically placed across major cities, originally intended as economic diplomacy outposts.

In Asia, the focus shifts to agricultural investments. Iraq’s ventures include plantations producing tea, rice, rubber, and tobacco across Malaysia, Sri Lanka, and Vietnam. 

Africa presents yet another dimension. Iraqi assets comprise tourist islands, agro-processing factories, and agricultural estates in Somalia, Nigeria, and Mozambique. 

This expansive network of international holdings traces back to policies from the 1970s and 1980s when surging oil revenues fueled Iraq’s global investment ambitions. 

Under the Foreign Investment Law of 1981, the state secured the authority to acquire and manage overseas properties through embassies, commercial attachés, and sovereign investment vehicles. The goal was clear: establish Iraq as a player in global trade and leverage its economic presence abroad.

Yet, that vision lost momentum over the years. The 1990s sanctions, the 2003 regime change, and prolonged instability severely disrupted oversight. Some assets fell into undocumented limbo, others became caught in legal grey zones, and several were absorbed into local markets under circumstances still not fully understood.

Dormant Oil Plant

A vivid example of this forgotten legacy emerged at the recent Arab League summit in Baghdad. Somali President Hassan Sheikh Mohamud brought to light an Iraqi-built oil refinery on the outskirts of Mogadishu that had vanished from official records.

Constructed in 1978 through a formal agreement between Iraq and Somalia, the refinery disappeared from Iraq’s inventories after Saddam Hussein’s fall. For over two decades, its existence remained unacknowledged—absent from registries and erased from institutional memory.

Somali officials informed Iraqi Prime Minister Mohammed Shia Al-Sudani that the refinery remains structurally intact and could resume operations with technical rehabilitation. This revelation arrives as Somalia prepares to explore its offshore oil reserves, positioning the plant as a potential regional energy hub.

Originally designed to refine imported crude and store petroleum products for domestic and regional use, the facility once processed over 10,000 barrels per day. Beyond its practical function, it symbolized Iraq’s Cold War-era economic diplomacy—a strategic energy foothold anchoring Baghdad’s influence in the Horn of Africa.

In response, Baghdad swiftly organized specialized legal and technical committees to probe Iraq’s overseas asset landscape, beginning with Somalia and expanding to other countries hosting similar projects. The Ministries of Oil, Foreign Affairs, and Justice joined efforts to verify ownership, review documentation, and regularize the legal and tax status of each facility.

Diplomacy Meets Armed Threat

These recovery efforts are not new. In 2012, Iraq initiated one of its earliest serious missions to reclaim overseas properties, sending a delegation to Mozambique to inspect a state-owned asset—reportedly a former palace on a tourist island. What was intended as a routine diplomatic inspection quickly turned precarious.

According to a diplomatic source briefing Shafaq News, the delegation encountered no official representatives but instead faced armed threats. An armed group controlling the site forced the Iraqi team to abort their mission and leave the country immediately. This incident epitomizes the broader, intricate challenge Iraq faces in reclaiming its scattered global properties. 

Similar attempts in Sudan, Chad, and parts of Eastern Europe have met comparable resistance. In many cases, local militias, privatized entities, or reorganized state bodies invoke laws on adverse possession or post-conflict redistribution to justify retaining control over assets Iraq insists are rightfully theirs.

A Complex Recovery

Preliminary valuations place these foreign holdings between $80 billion and $90 billion—an amount economists view as a vital resource for diversifying Iraq’s income. With the 2024 federal budget totaling approximately $152 billion and crude oil exports accounting for 93% of revenues, recovering even 10% of these assets could contribute nearly 6% of the annual budget. Such a boost would provide a critical cushion against oil market volatility.

Nonetheless, reclaiming these assets remains a complex endeavor. Legal experts highlight numerous obstacles, including statutes of limitations and protective court rulings that recognize new ownership, given Iraq’s prolonged absence from these jurisdictions. Years of neglect have compounded the difficulty.

Complicating matters further, Iraq’s Parliamentary Integrity Committee acknowledges that a significant portion of ownership records was lost, stolen, or destroyed following the 2003 invasion. During the ensuing chaos, some properties transferred quietly to individuals or front companies linked to the former regime, while others vanished into legal limbo—abandoned, seized without challenge, or entangled in unclear ownership.

The situation grows more complicated in countries like Italy and Nigeria, where inheritance claims, local investment restrictions, and debates over whether assets were held directly by the Iraqi state or through now-defunct shell companies create additional hurdles. In weaker judicial systems, forged documents have surfaced, supporting false ownership claims, while legitimate Iraqi cases face bureaucratic delays, political interference, and corruption.

Faced with these challenges, Iraq’s Anti-Corruption Commission warns that without a centralized, publicly accessible registry of foreign holdings, future recovery attempts risk repeating past failures.

To bridge this gap, the Iraqi Foreign Ministry has launched a historical mapping initiative aimed at reconstructing records of foreign assets. This project taps into embassy archives, decades-old trade agreements, and files from the United Nations oil-for-food program. Retired diplomats and senior officials who managed these holdings during the 1980s and 1990s have also been called upon to help unravel the complex ownership puzzle.

Legal specialists interviewed by Shafaq News emphasize the need for Iraq to move beyond initial inquiries and behind-the-scenes discussions. They recommend initiating formal legal proceedings before the International Court of Justice, alongside negotiating bilateral treaties with host countries to reaffirm Iraq’s ownership claims. Equally important, they note, is the creation of accountability mechanisms to identify and address those who have benefited from or hidden these assets over the years.