Monday, June 2, 2025

ARIEL: Fed Chair Jerome Powell to Officially Resign

 From Yahoo: President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, scolding him for not lowering borrowing costs. Powell maintained that any decisions won’t be based on the president’s demands.

The meeting, which comes after months of unrelenting attacks from Trump against the Fed chief, took place at the White House and was at Trump’s request.

“Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook,” the Fed said in its statement. End quote.

Now as we can see Jerome Powell is trying to maintain a alpha position by putting on a front that if anything happens it would be on his own accord and not a the request or demand from Donald Trump. He has been wearing this poker face since D. Trump took office. Do I believe he will step down eventually? Yes. Will it be tomorrow? Not likely but ofcourse very welcomed if this so happens to be the case.

IQD STATUS:The revaluation rate of $4.8101 USD/IQD is injected across backend trading infrastructure

 


Under a government decision, Forex and cryptocurrency companies in Kurdistan are closed

  Under a government decision, Forex and cryptocurrency companies in Kurdistan are closed. 

6/1/2025

The Kurdistan Regional Government (KRG) decided on Sunday to form a special committee within the Ministry of Interior, with the participation of relevant authorities, to shut down cryptocurrency and digital currency companies.

According to a letter issued by the Presidency of the Kurdistan Regional Government's Council of Ministers, No. 6640, dated May 27, and seen by Shafaq News Agency, the Ministry of Interior was notified, based on instructions issued by the Central Bank of Iraq, regarding the ban on dealing with electronic trading companies (forex) and digital currencies.

The Court's presidency stressed the need to take the necessary measures to form a committee with the relevant authorities to close down all companies operating in this field under various names.   LINK


WOLVERINE UPDATE

 Sun. 1 June 2025 Wolverine

  • The Pentecostal Group started the process on Fri. 30 May as promised. They are scheduled to be paid on Wed. 4 June 2025.
  • On Sat. 31 May trigger groups were expected to come out, but evidently it has been moved till the 4th of June. A lot of people are now saying the 4th of June to the 9th June that funds are going to get released.
  • I have also spoken to an owner of a platform and he told me that he can’t say anything at the moment and he told me to have faith in him as everything is looking excellent and that any day those funds will be released on that platform.
  • TNT is saying the likely scenario is tonight FOREX is supposed to load the rate again tonight and we could go to the bank tomorrow. Worst case is FOREX loads Sunday upon FOREX reopening and we’re in the bank on Monday. They sound very confident and I pray that they are right.
  • Now there are people criticizing gurus that we are doing an injustice to people by creating hopium which is completely false. Everyone is trying to do something to help us go through and we are not in the business in creating false information just to make you feel good which at the end all it does is hurt people .Please respect everyone that is trying to help.
  • I’m praying a lot and having faith that any day we will be shouting “FREEDOM “ God bless you all. Your friend and servant. Wolverine

MNT GOAT:what has been preventing this revaluation to the TRUE rate of t...

Parliamentarian: Extraordinary sessions will be held after Eid to approve important service laws

 MP Hussein Al-Saabari revealed, on Saturday, that the House of Representatives intends to hold extraordinary sessions after the Eid Al-Adha holiday, to compensate for previous sessions that were not held due to the lack of quorum.

Al-Saabari said in a statement to the Al-Maalouma Agency, that “the House intends to discuss a number of important laws during these sessions, most notably the Popular Mobilization Law, the budget schedules, and the Ministry of Education Law.”

He called on members of the House of Representatives to “commit to attendance and not be absent from upcoming sessions,” calling on “political blocs to urge their representatives to perform their legislative role in a way that serves the public interest.”

Al-Saabari pointed out that “the holding of extraordinary sessions represents an important opportunity to correct the course of legislative performance and compensate for the delay in passing laws that directly affect the lives of citizens,” noting that “serious political will and cooperation between blocs will be the decisive factor in the success of these sessions and achieving tangible results.” 

It is noteworthy that the House of Representatives had previously called for holding emergency sessions during the legislative recess in order to vote on important laws  link


JUDY NOTES

JUDY NOTES

Possible Timing:

  • Fri. 30 May 2025 Wolverine: “I have it from very high sources that we begin this week.”
  • Fri. 30 May 2025: Zim Bond redemptions are underway. Quietly. Precisely. And every redeemed bond is fueling humanitarian efforts that bypass the old c*****t systems. But security is tight. NDAs are mandatory. …QFS on Telegram
  • From Thurs. 5 June to Mon. 9 June 2025 the Tier4B window would be open. Internal banking advisories indicated public redemption will begin regionally, based on QFS load-balancing and readiness reports.
  • From Tues. 10 June to Fri. 13 June 2025 all Tier4b appointment notifications were set to be issued.
  • From Sat. 14 June 14 to Tues. 17 June 2025 the General Public rollout was set to happen, with the  Sat. 14 June U.S. Army’s 250th Anniversary Parade at the National Mall serving not just as a celebration — but as confirmation that America was back under Constitutional Rule.
  • Around Sun. 15 June 15 and Mon. 16 June 2025 expect minor banking downtimes, signaling the final switchover to full QFS integration.
  • On Wed. 18 June to Sat. 21 June 2025 the Global Access Phase would begin for Tier 5, the General Public who hold foreign currencies to exchange.
  • Fri. 4 July 2025: Public rollout of Global Currency Reset.
  • Wed. 9 July 2025 was the Back Wall for the Global Currency Reset to occur optically. …Jon Dowling, Iraq


🏦🇮🇶 CBI CONTACT INSIGHT: IRAQ’S ECONOMIC TRANSFORMATION & THE CONDITIONS BEHIND MONETARY CHANGE 💰📊

🏦🇮🇶 CBI CONTACT INSIGHT: IRAQ’S ECONOMIC TRANSFORMATION & THE CONDITIONS BEHIND MONETARY CHANGE 💰📊 🔎 📌 CORE IDEA FROM THE “CBI CO...