Wednesday, June 4, 2025

STATUS OF THE RV , PART. 3 BY MNT GOAT

 STATUS OF THE RV , PART. 3

๐Ÿ˜ŠAnd even yet more support for Iraqi development as we read article titled “MINISTER OF FINANCE DISCUSSES SUPPORT FOR DEVELOPMENT PROJECTS IN IRAQ WITH WORLD BANK”

 In the article Iraqi Minister of Finance Taif Sami discussed with the World Bank Representative to Iraq on Sunday enhancing cooperation to support development projects. Discussions evolved around plans to enhance cooperation to support development projects by leveraging the technical and financial support

The statement added, “The two parties discussed developing the private sector and encouraging investment as the primary driver of sustainable economic growth, in addition to the need to support financial reforms to achieve stability and growth.”

๐Ÿ˜ŠOkay so there is yet more evidence even with the Trump administration pursuing Iraq in article titled “AL-ZUBAIDI: THE AMERICAN NEW MIDDLE EAST PROJECT IS AN IMPORTANT OPPORTUNITY FOR IRAQ, AND WE MUST JOIN IT.” Al-Zubaidi says the

best path for the future of Iraqis to be included in the American New Middle East Project.  

As US-Iranian negotiations enter a serious and important phase, the new Middle East is taking shape in a way that will have significant repercussions for Iraq.

 The US administration too has openly declared its desire to forge a new Middle East based on an economic foundation, free from wars and conflicts. 

This represents a significant opportunity for Iraq, which possesses tremendous economic potential.

Trump’s visit focused on Saudi Arabia and Qatar for purely economic reasons, and the contracts signed are clear evidence of the economic agenda. 

The Iranian-Saudi rapprochement has contributed and will contribute to greater stability, while the UAE, on the other hand, appears more preoccupied with conflict zones in Sudan and Libya. Saudi Arabia has successfully struck a blow to the Qatari-Turkish project in Syria by spearheading the lifting of US sanctions on Damascus.

 In doing so, it sends a clear message that it will not stand idly by, especially given that the US side desires a Saudi role there.

So, the question I keep asking is can Trump turn this mess in the middle east around to a peaceful economy with abundance and prosperity for all instead of conflict and war?

 I think it just may be possible.

 I believe Trump has God on his side and will work towards these objectives. Is this just because Trump is a businessman and patriot. This goes much deeper, and you can believe what you want, but I believe there is “divine intervention” taking place. In other words, he is being “guided”.

 Yes, he is still human too and so don’t forget he can make mistakes, but his intentions are real for peace and prosperity instead of war.

This brings me to say that sometimes in order for peace, God calls for the destruction of of his enemies. His enemies are usually ours too. Sad to say that sometimes this takes eliminating our enemies first.

 We read this in the bible too in the Old Testament. God is on the side of righteousness and justice. I would never want to see anyone suffer or die in war for that matter. But we know at times, peace comes with a price. 

Peace through appeasement does not work. It only comes to haunt you later. It never works. Yes, a president many get through his four years of his administration appeasing the enemies of the U.S. and looking like a hero. But in the long run it has never worked.

 It is best to confront our adversaries head-on and deal with them. Why leave the hard work for the next guy elected into office. I am afraid to say this is what Obama did for Trump’s first term and Biden did for Trump’s second term. Now he has to clean up their messes.  

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

Mayhem w/ Mel ๐Ÿ”น: UPDATES for other Countries that the US, on Exchange/ ...

THE DEVELOPMENT BANK ANNOUNCES ITS DIAMOND SPONSORSHIP OF THE ANTI-MONEY LAUNDERING AND COMBATING THE FINANCING OF TERRORISM CONFERENCE IN BAGHDAD

THE DEVELOPMENT BANK ANNOUNCES ITS DIAMOND SPONSORSHIP OF THE ANTI-MONEY LAUNDERING AND COMBATING THE FINANCING OF TERRORISM CONFERENCE IN BAGHDAD

The International Development Bank announced on Thursday its sponsorship of the Anti-Money Laundering and Combating the Financing of Terrorism Conference in Baghdad.

In a statement seen by Al-Eqtisad News, the bank said, “Based on its strategy based on compliance and transparency, the International Development Bank, one of the largest private banks in Iraq, announced its participation as the diamond sponsor of the second Anti-Money Laundering and Combating the Financing of Terrorism Conference, which will be held at the Rashid Hotel in the capital, Baghdad, over two days, May 28 and 29, 2025, under the patronage of Prime Minister Mohammed Shia Al-Sudani, and with the participation of an elite group of banking leaders and regulatory bodies, both locally and internationally.”

He added, “This conference is being organized by the Union of Arab Banks in cooperation with the Central Bank of Iraq and the Iraqi Private Banks Association, under the title ‘Challenges Facing Arab Banks in Complying with International Laws and Legislation and Meeting the Requirements of Correspondent Banks.’ It brings together Iraqi bankers and regulatory authorities to highlight the most prominent challenges that continue to hinder Iraqi banks from opening effective channels with international financial markets and correspondent banks, in addition to reviewing ways to enhance the confidence of the international financial community in the Iraqi banking sector.”

The bank explained that “this conference provides a high-level platform for discussing the challenges facing Arab banks in meeting correspondent banking requirements and implementing international best practices in the areas of governance, risk management, compliance, and combating money laundering and terrorist financing, with a focus on the importance of technological and digital development to enhance oversight and transparency systems.”

“We are proud to sponsor this prominent banking event, which represents a strategic platform for exchanging expertise and enhancing coordination between banks, financial institutions, and regulatory authorities,” said Ziad Khalaf Abd, Chairman of the Board of Directors of the International Development Bank, according to the statement.

He stated, “Our commitment to compliance and transparency is not just a regulatory imperative, but an integral part of our vision to achieve sustainable growth, enhance the bank’s leading position in the financial sector in Iraq, and position it on the regional and international stage.”

The bank noted that “the conference will address a number of strategic financial topics, including: enhancing integration with the global financial system and developing relationships with correspondent banks, preventing the risks of inclusion on grey and black lists, building a culture of institutional compliance, and activating cooperation between internal departments. It will also review the applications of financial technology and artificial intelligence in combating financial crimes, highlight the role of central banks in supporting sustainable compliance, and strengthen partnerships with regional and international institutions to achieve global standards.”

He explained that “the conference will be attended by decision-makers in the banking sector, as well as managers of compliance and risk, internal audit, anti-money laundering, information security, and other specialized personnel, as part of the effort to enhance the efficiency of Arab banking and modernize the institutional structure in line with the requirements of the current stage.”


STATUS OF THE RV , PART. 2 BY MNT GOAT

 STATUS OF THE RV , PART. 2

๐Ÿ˜ŠIf we take a look at the article in today’s news titled “IRAQ INVESTMENT FORUM”, we can clearly see that now is the time for American companies to come pouring into Iraq. 

Yes, under the President Trump administration this is possible and encouraged. He knows there is a ton of money to be made in Iraq.

What another Iraqi forum?

The Iraq Investment Forum is a major event being hosted by Baghdad in mid-June under the patronage of the Prime Minister.

 This important event joins a series of other activities that have gained similar importance, such as the Arab Summit and the Arab Media Conference, which have restored Iraq’s leading role in hosting important economic and regional events that establish stability, prosperity and development in Iraq and the region. 

It is worth noting that there are 140 investment opportunities offered by this forum, in which major international investment companies with unique experiences around the world will participate.

๐Ÿ˜Š In another article it backs up the last and is titled “FAGIN CONFIRMS TO AL-SUDANI THAT WASHINGTON IS SEEKING TO BRING ITS COMPANIES INTO IRAQ .” In the news Al-Sudani calls for expanded cooperation with Washington

Iraqi, particularly in the areas of economy, investment, security, energy, education, investment, and private sector activities. Fagin emphasized the importance of bilateral relations between the United States and Iraq and the US government’s support for partnerships with Iraq at various levels and in various fields.

 He also praised the Iraqi government’s efforts to accelerate development and urban renaissance, and “to encourage American companies to invest and partner in Iraq”.

๐Ÿ˜ŠAnd even yet more support for Iraqi development as we read article titled “MINISTER OF FINANCE DISCUSSES SUPPORT FOR DEVELOPMENT PROJECTS IN IRAQ WITH WORLD BANK” In the article Iraqi Minister of Finance Taif Sami discussed with the World Bank Representative to Iraq on Sunday enhancing cooperation to support development projects. 

Discussions evolved around plans to enhance cooperation to support development projects by leveraging the technical and financial support

The statement added, “The two parties discussed developing the private sector and encouraging investment as the primary driver of sustainable economic growth, in addition to the need to support financial reforms to achieve stability and growth.”

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

WOLVERINE: The Pentecostal Group started the process on Fri. 30 May as promised. #iraqidinar #iqd

 


UN: IRAQ WILL BECOME A BANKING POWERHOUSE BOTH DOMESTICALLY AND INTERNATIONALLY

 UN: IRAQ WILL BECOME A BANKING POWERHOUSE BOTH DOMESTICALLY AND INTERNATIONALLY

UN Secretary-General’s Special Representative, Mohammed Al-Hassan, confirmed that Iraq will become a banking powerhouse both domestically and internationally .

Al-Hassan said in a statement to the Iraqi News Agency (INA) today, Friday, that “the words spoken during the conference on money laundering and combating the financing of terrorism indicated that Iraq is facing a regional and international challenge to restore its status .”

He added, “The Iraqi economic system cannot be complete without an effective financial sector, both domestically and internationally,” noting that “Iraq is committed to taking positive steps to restore confidence in the financial and banking sector in Iraq .”

Al-Hassan stressed that “the United Nations supports Iraq’s path, which will become, in the coming days, a banking power that interacts internally and externally,” emphasizing that “the fight against terrorism is not a scourge that has afflicted Iraq alone, but the entire world, and the sacrifices that Iraq has made in lives and money are not trivial or small .”

He noted that “these sacrifices must be completed, extended, and continued to restore Iraq’s position in the financial and banking sector .


STATUS OF THE RV, part. 1 BY MNT GOAT

STATUS OF THE RV

No, the RV has not yet happened and the newer lower denominations are no yet out regardless of what some jerks are putting out to the dinar community. If this is all you want from my blog you can leave it now. Thanks for watching….lol….

So, its June already and we move on in this RV saga. Will we see some movement in June? After reading this newsletter today you just might believe we could, and I would agree. 

Oh boy, oh boy! WOW! WOW! WOW! When the United Nations makes such statements, as they recently did, we have to appreciate just where we are in this investment.

 Iraq has come a very long way in 20 years. Please listen to the video below of then Secretary of State Hillary Clinton.

 No matter what you now think of her, she was so correct on the future of Iraq and through this speech we can see the clear direction the powers- to-be wanted to take Iraq.

Yes, they did have many obstacles along the way and it has been an uphill battle. Unlike what she said in reference to taking 2 years to have greater growth greater than China…well it did not happen on her timing.

 However, it did take a bit longer than expected but Iraq is here today. So, Iraq is now here and that’s the most important point to make today

Her speech was given in 2012, midterm during the Obama administration. If you listen carefully Clinton told us that American companies would come flocking into Iraq. This too did not happen in 2012 or even a decade following. 

Why?

American companies did not flock to Iraq simply because of the many reasons we have seen in the all the reforms since 2023.

 The expectation of Clinton back in 2012 was also based on seeing the reinstatement of the Iraqi dinar that January 2013, which did not happen. This is way she made statements like this.

I will say again that now 13 years later we are at the brink of the RV and Reinstatement especially when we hear news like we are not hearing from Iraq and all the global financial agencies like the IMF, World Bank, IFC, etc. onboard with Iraq.

We must remember two things going on from the news media in Iraq: 

1.There are elements of propaganda in the news in the middle east, just like in the west and 

2.Any country has problems and so when we hear of these problems we must adjust our thinking and ask if this is a major problem or just everyday life. 

Sure, we all would want these incidents to go away and not occur, people suffer, but are they significant enough to change the path for the RV? We must stay open minded.

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

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