Trump absolutely can remove Powell, under article ten of the federal reserve act. If they find corruption and/or malfeasance, that’s immediate grounds for removal. It’s all a movie anyway, they have this all setup for the perfectly timed narrative outcome.
Meanwhile, over 2,000 senior NASA staff are resigning. The US Treasury lifted sanctions off of the former minister of trade in Iran. Here comes the grave surrender soon.
The PM Erdogan of Turkey is working to drive out the corrupt Iranian proxies in the green zone parliament of Iraq, which will facilitate the new elections to occur.
The dollar index continues to tank and silver is holding strong. All of this signals the inevitable RV incoming.👀
As Iraq’s digital economy grows rapidly—with over 10 million pre-paid cards and 20 trillion IQD in electronic transactions in 2024—the Central Bank of Iraq (CBI) has issued Electronic Payment Services Regulation No. (2) for 2024, replacing a 10-year-old law. This aims to support the country’s growing fintech sector.
The ALSAIF Law Firm (with 46+ years of experience) analyzed the law, which supports Iraq’s National Financial Inclusion Strategy, launched in May 2025 in cooperation with the World Bank Group, Arab Monetary Fund, and GIZ.
The new law defines roles in Iraq’s digital payment system:
Operators: Manage payment system infrastructure.
Participants: Licensed financial institutions using the system.
EPSPs (Electronic Payment Service Providers): Fintech and e-payment platforms offering services.
Agents: Represent EPSPs.
EPSPs are now officially allowed to:
Issue debit/credit cards
Manage digital wallets and mobile payments
Handle electronic fund transfers
Act as payment aggregators
The regulation sets a clear licensing process for companies entering Iraq’s fintech market. Requirements include:
Incorporation documents
Founder details
Proof of financial solvency
Minimum capital of 10 billion IQD
A 3-year feasibility study covering: financials, infrastructure, cybersecurity, AML policies, and dispute resolution.
CBI reviews applications in 90 business days, granting preliminary licenses while companies finish operational steps.
With a population over 45 million and MENA’s highest projected GDP growth in 2026 (4.4%), ALSAIF concludes this regulation lays the foundation for Iraq’s modern, inclusive, and investment-ready digital economy.
There's some specific things are taking place and they're transpiring. We got the salaries, oil...Fed wire system coming up in the next couple days...the court case on the same day...
Remember they extended Fed Wire ISO 20022 out from February/March range to July 14th...I find that convergence fascinating...For all those out there that think that they've heard this before, I smile and wave and shake my head.
The citizens have a national card for internal use in dinar. That's just like us in the United States.
When you go buy a candy bar you buy some M&M's what do you spend? You spend dollars....
These cards they use are reducing the note count which IMV...is something that will benefit in a time of a redenomination or a revaluation.
I think in this particular case we're going to see something to the effect of drop the three zeros and then they will apply a real effective exchange rate.
FRANK26: "SUDANI TAKES FULL CONTROL OF IRAQ'S OIL!!!".........F26
Shafaq News publishes the text of the Baghdad and Erbil agreement papers on revenues and salaries.
7/8/2025
- Baghdad
Shafaq News Agency publishes the text of the two agreement papers between the governments of Baghdad and Erbil, which were discussed by the Iraqi Council of Ministers during its session held today, Tuesday.
The agreement is part of efforts to resolve outstanding financial issues between the two parties, particularly those related to revenues and expenditures under the federal budget law.
A delegation from the Kurdistan Regional Government arrived in Baghdad on Monday for the second time in two weeks, carrying the region's response to the proposals recently presented by the federal government. This is a prelude to direct negotiations on the proposals, amid expectations that a vote on the final version of the agreement will be held during the cabinet session.
According to a Shafaq News Agency correspondent, the two papers include details regarding the region's transfer of its oil and non-oil revenues, as well as the organization and localization of its employees' salaries, in compliance with Federal Court rulings and the General Budget Law.
Earlier today, the Prime Minister's media office announced that Mohammed Shia al-Sudani had directed the formation of a committee headed by the Deputy Prime Minister and Minister of Planning, and including the Ministers of Construction and Housing, Higher Education, Justice, and Health, to discuss the two papers with relevant authorities in both governments.
The committee is scheduled to submit its recommendations to the Cabinet for an appropriate decision as soon as possible.
We will open Chat again just a few hours so everyone can check in. There are no intel updates at this time. Everything continues to progress as expected. Most sources remain silent — and that’s by design.
We stand with the collective in honoring the request for silence. Those at the top are working tirelessly to bring this to fruition for all of us. Let’s do our part now: stop talking, keep praying, and hold space for these beautiful blessings to arrive in abundance.
Stay alert.
Stay ready.
Stay quiet… and just listen — the sound of something beautiful 🎶 is about to begin.
Looking forward to making DREAMZ come true — together.
