Mnt Goat
Article: “ALI AL-ALAQ: WE ARE WORKING ON CREATING A DIGITAL CURRENCY FOR THE CENTRAL
BANK TO GRADUALLY REPLACE PAPER CURRENCY"MNT GOAT
"FINAL WARNING AND "IMMEDIATE IMPLEMENTATION"
WASHINGTON DRAWS RED LINES FOR BAGHDAD: NO MORE
LENIENCY"
"In light of the rapid changes witnessed by US policy towards the Middle East, the call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio came to redraw the features of the relationship between Baghdad and Washington according
to a more stringent equation. The call carried clear messages, not just diplomatic recommendations but rather binding commitments that Baghdad had previously pledged but without real implementation.
According to Washington-based politician Nizar Haidar, this call reflects ashift in the US administration's approach, as there is no longer room for leniency
IMPLEMENT IMMEDIATELY
STATUS OF THE RV , PART. 2
Let’s get to the main article of today:
☹ I classify this news as actually good news. Why? First take a look at the article titled “FINAL WARNING AND “IMMEDIATE IMPLEMENTATION”.. WASHINGTON DRAWS RED LINES FOR BAGHDAD: NO MORE LENIENCY“.
In light of the rapid changes witnessed by US policy towards the Middle East, the call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio came to redraw the features of the relationship between Baghdad and Washington according to a more stringent equation.
The call carried clear messages, not just diplomatic recommendations but rather binding commitments that Baghdad had previously pledged but without real implementation.
What is the U.S. looking for from Iraq? Are they talking about implementing the RV now or something else? I have to ask everyone reading this that if you think for one second that they are talking about forcing Iraq to RV than you need to go see a good shrink and get your head examined. Oh… but there are some intel gurus out there telling their listeners this exact story. Shame, shame and shame again on them! Yes, I do mean Frank26, BIG Call Bruce and TNT Tony idiots.
So this article is all about the short-term policy of the U.S. and the crisis with Iran. The U.S. is finally putting its foot down and telling Iraq that they have had enough time already to comply to certain mandates put upon them when it comes to Iran. But the Biden administraition has been too lenient. There is no more fooling around under the Trump administration. The Trump administration is very serious and, as we know, President Trump means what he says.
So, what are the issues? I will address them below. But we all should know by now what they are even before we read the article. We have read multiple other articles on these issues before.
1.Movement of the dollar: Baghdad f ails to control smuggling and money laundering. We already should all be aware of this situation with the black market, as this is also the main concern of the CBI and they are dealing with it.
2.Iraq’s continued economic dealings with Iran, especially with regard to oil, gas and financial transactions, constitute a direct violation of American sanctions.
3.Loose guns: Weapons outside the authority of the state: a possible confrontation? The issue of loose weapons was present in the call between Al-Sudani and Rubio, as Washington stressed the need to dismantle the armed groups that carried out attacks on American facilities over the past years. “Washington views the groups that have carried out 170 attacks on US facilities in Iraq and Syria as a direct threat to its national security,” “If al-Sudani does not act to rein in these groups, the United States may take unilateral steps that include targeting these groups militarily or imposing direct sanctions on their leaders.” These are of course the Iranian Kud forces that came into Iraq in 2014 to help fight ISIS and never left. Dissolving the armed militias or integrating them into the regular security forces would remove Iran’s main source of influence inside Iraq. Their leverage would be gone. Donald Trump administration is considering imposing new sanctions on Iraq unless these Popular Mobilization Forces of Iran are disarmed. The article recalled Al-Sudani’s recent visit to Tehran, saying that “relations with Tehran are more controversial than ever,” as Al-Sudani received harsh criticism from Supreme Leader Ali Khamenei, who called for preserving and strengthening the Popular Mobilization Forces and expelling all American forces, and described the recent change of power in Syria as the work of “foreign governments. This last statement says exactly why these forces entered Iraq in the first place and never intended to leave after ISIS was gone.
Al-Sudani faces a real test: either take bold decisions that sever Iraq’s ties with regional issues that bother Washington, or face unprecedented economic and security pressures.” While Baghdad seeks to maintain balanced relations with everyone, it seems that the Trump administration does not recognize the “middle ground” policy, but rather imposes a “with or against” policy, which puts the Iraqi government before critical decisions in the coming period.
So, knowing all this do you really believe that the U.S. is going to sign-off on the reinstatement today or next week or any time soon? My disbelief is this, how can anyone and I mean anyone (intel guru) in their right frame of mind tell their listeners that the RV is going to happen tomorrow or this weekend or ??. What fantasy world are they living in? I don’t mean to sound like a downer, but I also have to be real with my blog readers too.
I told you there was a good part to this story today and in fact “WOW!” news. The wow news is that finally after four years of “do nothing” under Biden to help Iraq, the U.S. is finally now stepping in under this new administration. It does have a bright vision for Iraq but first they must overcome this Iranian influence. The US policy clearly dictates that Iraq will NOT be a puppet state of Iran, as it has evolved to over the Obama and Biden administrations. Too many US dollars going to Iran still to circumvent the US sanctions even after all the measures the CBI has taken to limit them. What else can Iraq do?
😊Yes, there is some good news too to share. There is yet another measure taken to block the dollars from getting into the hands of Iran. Please read article titled “TRADE BANK OF IRAQ STOPS CASH WITHDRAWALS VIA ATMS OUTSIDE IRAQ“. The Trade Bank of Iraq announced today, Wednesday, the suspension of cash withdrawals via automated teller machines (ATM) using electronic cards (Visa and MasterCard) outside Iraq,
as part of preventive measures to avoid security risks associated with the misuse of these cards. This is yet another temporary move to dry up the paper CASH of dollars from getting in the hands of the parallel black market and then into the hands Iran via these ATMS withdrawals of dollars from outside Iraq by these bank cards.
Remember that ATMS inside Iraq DO NOT dispense US dollar only dinars. Yes, they will find any way they can to get dollars to Iran. Its all good!
😊We must keep in mind that even though the issues with Iran and cutting off Iraq from Iranian influence, the CBI keeps moving ahead with the needed banking reforms. This process does not stop. This next set of articles are essential for the Iraqi banking system to be fully integrated with the world banking systems by means of electronic payments and transfers. We witnessed late last year the correspondent bank effort for replacement of the currency auctions. At that time Iraq was limited in the number of banks for this effort. With this news today it will enable Iraq to correspond with yet more international banks doing business with Iraqi trade imports. Wouldn’t Iraq want this to be successful if they are going to use the dinar someday from trade and reinstate their currency? It’s all connected. But they tell us the inclusion rate is still only 40% butmuch better than last year in late December. So, there is more work to be done in this area. The title of the articles on this subject matter are “CENTRAL BANK: ACHIEVED INTERNATIONAL INTEGRATION BY LINKING THE IRAQI ELECTRONIC PAYMENT SYSTEM TO GLOBAL NETWORKS” and “CENTRAL BANK GOVERNOR INAUGURATES THE 9TH FINANCE AND BANKING CONFERENCE” Both are good reads but basically talk about the same thing. I quote from the articles “The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that the financial inclusion rate has risen to more than 40%, noting that the bank has achieved international integration by linking the Iraqi electronic payment system to global networks. Al-Alaq said in a speech during the ninth annual exhibition and conference for finance and banking services in Iraq, “There is a complete roadmap for digitizing banking services through electronic payment as a main tool for digital transformation”.
😊 Next we hear news that Iraq is working on yet another measure to curb the corruption with the dollar and stop the illegal transfers to Iran. The article is titled “ALI AL-ALAQ: WE ARE WORKING ON CREATING A DIGITAL CURRENCY FOR THE CENTRAL BANK TO GRADUALLY REPLACE PAPER CURRENCY ‘. I have to say this is a “WOW!” article because this effort may also force the recall of our dinars that we hold. In other words we are allowed to exchange them at the RV rate once the digital currency is issued. If the CBI can pull this off, the RV might happen much, much sooner than we expect. Think about the advantages – there is no cost of currency to print and they could issue the newer lower denominations safely and without controversy. The CBI in a country like Iraq, needs to fully track where all the money is going. This would allow this to happen. Remember that the CBI told us a few years ago that they DO NOT intend to every go to the global Centralized “CBDC”. I certainly hope this is still the case. Instead, it seems in the article they tell us and I quote from the article – “The Governor of the Central Bank, Ali Al-Alaq, revealed today, Wednesday (February 26, 2025), the creation of a digital currency specific to the Central Bank to gradually replace paper currency. The key word here is “gradually” and “specific” to the Central Bank of Iraq. The Al-Alaq goes on to say “The financial and banking system will witness fundamental transformations, including the decline of paper currencies to be replaced by digital payments for central banks.”
I encourage everyone to continue our prayers. These are the prayers that God wants to hear. He needs to know your concerns and wants to help. Remember we don’t know how this is all going to turn out but we do know it will. Be patient and let God do His work in the middle east.
STATUS OF THE RV
Can you believe that February is gone, and we are moving on to the month of March already. What will March bring us? Remember the 2025 budget has not yet been opened. Remember what the CBI told us. They told way back in 2011-2012 that the beginning of the new fiscal year for Iraq is the most opportune time to make any significant rate change in the dinar. They also said that this opportunity will become much more difficult once the budget is opened.
The 2025 budget is NOT yet opened as the budget tables that outline the distribution of the money to the provinces for the projects still sits in the council of ministers. It still has yet to be passed on to parliament and discussed, then passed.
If we use our common sense this is a no-brainer to understand why the CBI told us this. You might want to take a peek at the article in today’s news titled “MP CALLS ON GOVERNMENT TO COMPLETE BUDGET SCHEDULES AND SEND THEM TO PARLIAMENT” Representative Faisal Al-Naili called on the government, today, Thursday, to expedite the completion of the budget tables and send them to the House of Representatives for approval, stressing the need to include all financial allocations in the 2025 budget to avoid any delay in its approval.
Also, in today’s news and from news of what my contact is telling me from Iraq is we can now begin to see the immediate short-term U.S. foreign policy towards Iraq from the new president Trump administration. What we can’t yet determine is the long-term vision for the country by this administration. However again using our common sense we know that president Trump is also a business man and knows the economic and financial potential in Iraq. Both for the Iraqis and for the American businesses.
But what is true and what we do know for certain is that the future vision for Iraq WILL NOT include Iran as under the influence of the current supreme leader Ali Hosseini Khamenei. Sure they will always be trading partners and cross border for holy pilgrimages but this is different.
I was told that first this terrorist crisis and the threat of nuclear weapons of Iran must be taken care of. This crisis with Iran will ONLY end with the fall of Ali Hosseini Khamenei and his regime in Iran. As you may already know he is the cleric and politician who has served as the second supreme leader of Iran since 1989.
Born in 1939 he is now 85 years old. How much longer will he live? He has bought more harm and suffering to Iran and to the middle east than he has good. He has used the treasures and oil wealth of his country to build up a global network of terrorist organizations. He uses tyranny and force rather than peace to help his nation. Remember what God has told us through his prophets? He said that he will deal with these types of leaders and take them one by one. They will have no place in the “golden age” that is upon us. So, I am optimistic that his time of rule has come to an end. This could very well be the breakthrough the middle east has been looking for. When this happens, it could be the seed of peace for the middle east that will grow deeper. This will also progress to what we are looking for. But we must be patient. The prophets told us that the middle east will prosper again and so he is not a liar.
