Word on the Street Tuesday 2/28/17:
I was just listening to Fox news and the woman reporter started off saying she was looking for to President Trump's speech tonight and going back to the " Old Standard or Gold Standard." One of our great reporters wrote back to me and said the old standard is the Gold standard. So either was it right. Wow! Remember we always heard if we go back to the gold standard which would mean the value of the currencies would have to change you would think. Could we say RV GCR? Time will tell.
TNT CONFERENCE CALL MONDAY 2/27/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Monday. We had an interesting weekend with info from across the pond and from here in the US too. We can recap on that and have some new things. Updates throughout the weekend, the fight has moved over to Syria and airforce attacks there. Focus is out of the country, and Mosul no longer the issue. Mosul steps away from complete freedom and no longer a problem. New plan to defeat ISIS and will be announced today. Military base was reclaimed in Mosul . Large groups of ISIS surrendering. Info that Iraq introduced international bonds. Farmers supposed to receive their back pay today and was supposed to be at the new rate. Waiting to hear if they were paid and had the new rate. On TV, Stock exchange excited about new laws to go globally and will be ready in March. That is the good Iraq news, and nothing happening till Iraq happens supposedly. That is it, and it is done. In the US, we are finally starting to see reactions from a week ago about memos from banks giving green light. Still not hearing anything. Did have banking community at heightened awareness over the weekend and predicting 800 numbers to come out by Monday. Some say stay around town. It is about to go any minute. Those type of thoughts were communicated over this weekend, and the thought at banks could pop any minute thinking this could be it. Now, we just wait to see how it unfolds, and there is still a high level of excitement today. Bankers still think any minute, hour or day and a good feeling of good news. We are looking for this, and it could be anyday. That is it information wise. Looking for 800 numbers and talk of release. More than one bank looking to do this. One or two banks with call centers to be utilized for this opportunity. Be the first mouse but for the right reason. Q&A: Q: What about the Volcker rule? Ray: I have no idea. Q: Has there been any banning of the US doallar in Iraq? Ray: Not heard anything new on that officially yet. Q: What does Mosul have to do with the RV? Ray: That is supposed to be the lynch pin, and there may be a totally different underlying reason. They are saying in March, they will be ready to do the RV and revalue the currency. We are in that level of time that it is about to reveal itself. Ray: Today is Monday and happy to hear the expectation, and this was at a higher level of assurance. Q: What about exchanging at military bases? Ray: Don't count on it unless you are in the military. Q: Are we waiting on the banks to go forward? Ray: Yes, a matter a fact but what the banks are waiting on is anyone's guess. Caller: 865 Catnip: Just curious about your bank response, and today is the UN operational rate site was down for hours. It is back live now with no changes I can see. Did your bank contact share anything on this? Ray: None whatsoever. Caller: 727 I am with Chase Bank and talking about getting Wealth Manager. Listened to my story and referred me to a certified financial planner. He said he would call me in March and now 2 days it will be March lets see if he calls. Ray recap: Verification, Negotiation, and Diversification we don't want to forget. Verify to make sure it is real. Negotiation is on negotiating the buy and sell rate. Negotiate to get a higher rate. Ask for what you want. Diversification is more important than the first two. Don't put all your eggs in one basket, so diversify and spread out. Those 3 words should be on the forefront of your minds. Don't forgot POD: Payable on death naming a designated beneficiary on the account. Make sure you have POD's on all your accounts. Where are we? We are and I am still any minute, any hour and desire to get it done by the end of the month. Hearing March now and looks like it now. With bank excitement now over the weekend, something put them at that level. That is what keeps me excited, and we are close. Info in Iraq and public release of info sounds like this is good and coming together. Finally you get to see and hear what I heard before, and now you are hearing it publicly. I am looking for this to come on thru slowly but surely. This RV is like running water ,and I feel good about that. Now we just wait. If something happens, I will update you, so we wait ever so patiently. Never let go of the central thought of I Believe! Rayren98
Good afternoon TNT Superfantastic Family. Today is Monday. We had an interesting weekend with info from across the pond and from here in the US too. We can recap on that and have some new things. Updates throughout the weekend, the fight has moved over to Syria and airforce attacks there. Focus is out of the country, and Mosul no longer the issue. Mosul steps away from complete freedom and no longer a problem. New plan to defeat ISIS and will be announced today. Military base was reclaimed in Mosul . Large groups of ISIS surrendering. Info that Iraq introduced international bonds. Farmers supposed to receive their back pay today and was supposed to be at the new rate. Waiting to hear if they were paid and had the new rate. On TV, Stock exchange excited about new laws to go globally and will be ready in March. That is the good Iraq news, and nothing happening till Iraq happens supposedly. That is it, and it is done. In the US, we are finally starting to see reactions from a week ago about memos from banks giving green light. Still not hearing anything. Did have banking community at heightened awareness over the weekend and predicting 800 numbers to come out by Monday. Some say stay around town. It is about to go any minute. Those type of thoughts were communicated over this weekend, and the thought at banks could pop any minute thinking this could be it. Now, we just wait to see how it unfolds, and there is still a high level of excitement today. Bankers still think any minute, hour or day and a good feeling of good news. We are looking for this, and it could be anyday. That is it information wise. Looking for 800 numbers and talk of release. More than one bank looking to do this. One or two banks with call centers to be utilized for this opportunity. Be the first mouse but for the right reason. Q&A: Q: What about the Volcker rule? Ray: I have no idea. Q: Has there been any banning of the US doallar in Iraq? Ray: Not heard anything new on that officially yet. Q: What does Mosul have to do with the RV? Ray: That is supposed to be the lynch pin, and there may be a totally different underlying reason. They are saying in March, they will be ready to do the RV and revalue the currency. We are in that level of time that it is about to reveal itself. Ray: Today is Monday and happy to hear the expectation, and this was at a higher level of assurance. Q: What about exchanging at military bases? Ray: Don't count on it unless you are in the military. Q: Are we waiting on the banks to go forward? Ray: Yes, a matter a fact but what the banks are waiting on is anyone's guess. Caller: 865 Catnip: Just curious about your bank response, and today is the UN operational rate site was down for hours. It is back live now with no changes I can see. Did your bank contact share anything on this? Ray: None whatsoever. Caller: 727 I am with Chase Bank and talking about getting Wealth Manager. Listened to my story and referred me to a certified financial planner. He said he would call me in March and now 2 days it will be March lets see if he calls. Ray recap: Verification, Negotiation, and Diversification we don't want to forget. Verify to make sure it is real. Negotiation is on negotiating the buy and sell rate. Negotiate to get a higher rate. Ask for what you want. Diversification is more important than the first two. Don't put all your eggs in one basket, so diversify and spread out. Those 3 words should be on the forefront of your minds. Don't forgot POD: Payable on death naming a designated beneficiary on the account. Make sure you have POD's on all your accounts. Where are we? We are and I am still any minute, any hour and desire to get it done by the end of the month. Hearing March now and looks like it now. With bank excitement now over the weekend, something put them at that level. That is what keeps me excited, and we are close. Info in Iraq and public release of info sounds like this is good and coming together. Finally you get to see and hear what I heard before, and now you are hearing it publicly. I am looking for this to come on thru slowly but surely. This RV is like running water ,and I feel good about that. Now we just wait. If something happens, I will update you, so we wait ever so patiently. Never let go of the central thought of I Believe! Rayren98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,149.0000 | 1,149.0000 | 1,149.0000 | | 20:00 |
| USD/VND | | | 22,760.0000 | 22,411.0000 | 22,411.0000 | | 04:15 |
| USD/CNY | | | 6.8843 | 6.8627 | 6.8703 | | 05:36 |
| USD/KWD | | | 0.3053 | 0.3045 | 0.3049 | | 05:25 |
| GBP/USD | | | 1.2449 | 1.2413 | 1.2428 | | 05:36 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,351.0000 | 13,320.0000 | 13,344.0000 | | 05:33 |
CNBC Link: http://www.cnbc.com/markets/
CNBC Morning Squawk Link:
DC NY Iraq Articles:
Jaafari demanded his Swiss counterpart to launch an Iraqi funds frozen Swiss banks are estimated at one billion dollars
Demanded Foreign Minister Ibrahim al-Jaafari, on Tuesday, his Swiss counterpart Didier Burkhaltr launch is estimated at one billion US dollars frozen in Swiss banks Iraqi funds, and as he emphasized the necessity of activating the agreements signed between the two countries in 1977 economic agreement, called for Switzerland to open an embassy in Baghdad.
Council for the Kurdistan Region announces a program to develop the private sector and to protect the local product
Economic Council for the Kurdistan Region announces a program to develop the private sector and to protect the local product
Twilight News / contract Economic Council for the Kurdistan Region, on Monday, a regular meeting, under the supervision of the Prime Minister and President of the Council Naچervan Barzani and the presence of Deputy Prime Minister and Vice President of the Council Qubad Talabani and a number of ministers and governors of the province and a number of advisors.
A statement for the presidency of the provincial government responded to the Twilight News, said the meeting was devoted to the development of sectors of the economy in the region and the development of the fields of industry, trade, agriculture and tourism, pointing out that in this regard have been shed from the spotlight in particular on the industry and how local product development, protect and marketed in the markets of the region and seek to increase the coefficient private sector.
He added that the meeting tackled the latest focus of the issue of the provision of facilities for the registration of companies, which reached the number in the province to 24,800 companies, including local 21700 and 3100 foreign, stressing that Barzani, a Minister of Commerce and Industry and the competent authorities to provide the largest facilities in this regard by reducing red tape and lowering registration fees and computerizing the company registry make it through electronic.
The statement noted that it was announced that companies can be electronic registration procedures via the Internet from the fifth month of the year.
The statement added that the meeting face of the body of statistics in the region to implement economic and interface in the industry, trade, agriculture and tourism in 2017, adding that he decided to allocate a special budget for the implementation of this project.
He added that the aim of the project is to prepare and provide accurate data and information base to be able to competent authorities and decision maker in the provincial government to build on them to take the right decisions in the development of the fields of industry, trade, agriculture and tourism.
The meeting also noted the statement that in the center of the last meeting touched on the issue of protection of local production plants currently operating across the increase of customs duties on goods imported goods and lowering those fees for raw materials used in industry.
He added that in this regard has been the Minister of Trade and Industry acting directing coordination with the Ministry of Finance and Economy to take a number of necessary measures by establishing clear and transparent plan to support local product and protected from competition of imported product.d
Twilight News / contract Economic Council for the Kurdistan Region, on Monday, a regular meeting, under the supervision of the Prime Minister and President of the Council Naچervan Barzani and the presence of Deputy Prime Minister and Vice President of the Council Qubad Talabani and a number of ministers and governors of the province and a number of advisors.
A statement for the presidency of the provincial government responded to the Twilight News, said the meeting was devoted to the development of sectors of the economy in the region and the development of the fields of industry, trade, agriculture and tourism, pointing out that in this regard have been shed from the spotlight in particular on the industry and how local product development, protect and marketed in the markets of the region and seek to increase the coefficient private sector.
He added that the meeting tackled the latest focus of the issue of the provision of facilities for the registration of companies, which reached the number in the province to 24,800 companies, including local 21700 and 3100 foreign, stressing that Barzani, a Minister of Commerce and Industry and the competent authorities to provide the largest facilities in this regard by reducing red tape and lowering registration fees and computerizing the company registry make it through electronic.
The statement noted that it was announced that companies can be electronic registration procedures via the Internet from the fifth month of the year.
The statement added that the meeting face of the body of statistics in the region to implement economic and interface in the industry, trade, agriculture and tourism in 2017, adding that he decided to allocate a special budget for the implementation of this project.
He added that the aim of the project is to prepare and provide accurate data and information base to be able to competent authorities and decision maker in the provincial government to build on them to take the right decisions in the development of the fields of industry, trade, agriculture and tourism.
The meeting also noted the statement that in the center of the last meeting touched on the issue of protection of local production plants currently operating across the increase of customs duties on goods imported goods and lowering those fees for raw materials used in industry.
He added that in this regard has been the Minister of Trade and Industry acting directing coordination with the Ministry of Finance and Economy to take a number of necessary measures by establishing clear and transparent plan to support local product and protected from competition of imported product.d
Finance Minister stresses activate and check the tax and customs and the fight against corruption
2017/2/27 12:29
{Baghdad: Euphrates News} The Minister of Finance Agency, Abdul Razzaq al-Issa, the importance of activating and auditing tax files and the customs and the fight against corruption.
According to a statement of the Ministry and Euphrates News Agency {} it received a copy of it, that "the Minister of Finance Agency Essa Abdul Razak discussed with a delegation from the Parliamentary Finance Committee non-oil revenues file and the fight against corruption."
The meeting agreed, according to the statement "the need to increase the ceiling of non-oil revenues of the state they constitute an important financial weight would reduce the deficit in the federal budget gap and reduces the area of the current crisis."
The new al-Issa, "the Ministry of Finance's commitment to the fight against all aspects of corruption that messing state revenues, especially non-oil ones," stressing "the importance of activating and audit the tax and customs Files".
On his part, the Finance Committee Parliamentary delegation headed by Chairman of the Committee Mohammed Halbusi hope "to put an urgent procedural steps to adjust the financial details of the state in order to face the economic consequences imposed by the financial crisis, which" .anthy
The meeting agreed, according to the statement "the need to increase the ceiling of non-oil revenues of the state they constitute an important financial weight would reduce the deficit in the federal budget gap and reduces the area of the current crisis."
The new al-Issa, "the Ministry of Finance's commitment to the fight against all aspects of corruption that messing state revenues, especially non-oil ones," stressing "the importance of activating and audit the tax and customs Files".
On his part, the Finance Committee Parliamentary delegation headed by Chairman of the Committee Mohammed Halbusi hope "to put an urgent procedural steps to adjust the financial details of the state in order to face the economic consequences imposed by the financial crisis, which" .anthy
National Alliance emphasizes the removal of interrogations of parliament for political targeting
2017/2/27 8:27 •
{Baghdad} Euphrates News political body Iraqi National Alliance stressed the need to keep the interrogations of parliament for political targeting.
A statement by the Office of the Prime Alliance and the agency {Euphrates News} received a copy of it, that "the political body of the National Alliance discussed during the regular meeting, {yesterday} political and security files in question on its agenda, where ate research the subject of pensions for members of provincial councils and file of the upcoming elections, as well as search independent Electoral Commission file ".
They also discussed "component Turkmen demands which were considered by the last meeting of the delegation of the National Alliance with the representatives of the component."
They stressed that "interrogations in the House of Representatives a core function of the Council expressing its oversight role, stressing the need to enjoy interrogation professionalism away from political harassment and targeting."
The political body of the National Alliance also discussed "the security situation in the provinces and to prepare for the post-liberation of Mosul, while meeting touched on the broken laws and ways to speed up approval in the House of Representatives," .anthy
They also discussed "component Turkmen demands which were considered by the last meeting of the delegation of the National Alliance with the representatives of the component."
They stressed that "interrogations in the House of Representatives a core function of the Council expressing its oversight role, stressing the need to enjoy interrogation professionalism away from political harassment and targeting."
The political body of the National Alliance also discussed "the security situation in the provinces and to prepare for the post-liberation of Mosul, while meeting touched on the broken laws and ways to speed up approval in the House of Representatives," .anthy
Environment portend {company} Russian Gazprom in the Badra oil field
2017/2/27 10:06
{Baghdad} Euphrates News alerted the Ministry of Health and the Environment {company} Gazprom Russian oil operating in the Badra oil field in Wasit Province "for violating the conditions of environmental laws approved by the ministry."
According to a statement of the ministry and the agency {Euphrates News} received a copy of it, that "of the Directorate of Wasit environment technical teams spotted a number of environmental violations oil company {Gazprom} in the field of Badra, it was noted that the company deal with the Clays and waste wells in violation of environmental conditions, were taken actions legal and a warning for violating environmental laws. "
He pointed out that "the Directorate of Wasit Environment confirmed on oil company to abide by the standards and environmental determinants and not to throw waste and residues in the nearby farms and commitment Bermaha in specific locations for each company from the oil companies operating in the province of Basra."
The Ministry of Health and Environment has asked the Ministry of Oil and invested companies to the oil fields in the provinces need to waste oil and waste that result from the development of fields Alnaftyh.anthy processed
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He pointed out that "the Directorate of Wasit Environment confirmed on oil company to abide by the standards and environmental determinants and not to throw waste and residues in the nearby farms and commitment Bermaha in specific locations for each company from the oil companies operating in the province of Basra."
The Ministry of Health and Environment has asked the Ministry of Oil and invested companies to the oil fields in the provinces need to waste oil and waste that result from the development of fields Alnaftyh.anthy processed
Iraq signs electricity contract worth $ 500 million with a Swedish company
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Number of Views: 497 | 27-02-2017 12:37 PM
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27-02-2017 12:37 PM
Iraq has signed electricity contract worth $ 500 million with the company BAA. Me. Bay Swedish implementation of energy projects.
He said the Office of the Prime Minister Haider al - Abadi said in a statement that he was signing ceremony of an agreement of intent between the Iraqi government and the company [ABB] Swedish to implement projects for the transfer of power in favor of the Ministry of Electricity ', estimated the contract at about $ 500 million in value.
He said the Office of the Prime Minister Haider al - Abadi said in a statement that he was signing ceremony of an agreement of intent between the Iraqi government and the company [ABB] Swedish to implement projects for the transfer of power in favor of the Ministry of Electricity ', estimated the contract at about $ 500 million in value.
Iraq had announced earlier, for a series of electrical energy projects across its provinces procedure.
Adviser: Barzani in Turkey will discuss the possibility of support for the Kurdistan region financially
BAGHDAD - The Journal News
Media adviser in the Office of the President of Kurdistan struggle Mahmoud, said Massoud Barzani will hold political and economic talks with neighboring Turkey, as well as discuss the possibility of Turkey's support for the Kurdistan region financially revealed.
Said Mahmoud's "Journal News" that "Barzani is under way to meetings with Turkish President Recep Tayyip Erdogan and Prime Minister of Turkey and led the series in Ankara to discuss the consolidation of relations between Erbil and Ankara in particular, and between Turkey and Iraq in general, researchers bilateral and trade relations between the two countries."
He noted that "Barzani will discuss joint committees file formed in Kurdistan after the visit of Prime Minister of Turkey to Arbil, and the possibility of Turkish support for the Kurdistan Region in light of the financial crisis, rather than to discuss the security file and the military situation in the war against al Daesh terrorist in Iraq and Syria."
With regard to the Memorandum of Iraq's understanding of Iran around Kirkuk, the media adviser in the office of President of the Kurdistan region, "Iraq has the right to expand the power outlets, and that the main flaw in the strategic structure of the file power in Iraq is political harassment," referring to "his vision in consultation with all parties Iraqi state involved in this file. "
And that "Iraq is a federation based on a consensual agreement it must therefore be the opinion of the administration of Kirkuk and the Kurdistan Regional Government into consideration," pointing out that "Article 140 of the Constitution and what followed."
The Turkish capital Ankara embraces important talks between the Iraqi parties and the government, according to strategies that seek to achieve Msttbh bilateral relations between Albuldan.
Kauaihn Iraq Articles:
Jaafari arrives in Geneva to represent Iraq as Vice President of the UN Human Rights Council
2017/2/27 12:46 • 51 {Baghdad: Euphrates News}
Iraqi Foreign Minister Ibrahim al-Jaafari arrived in the Swiss city of Geneva.
Iraqi Foreign Minister Ibrahim al-Jaafari arrived in the Swiss city of Geneva.
According to a statement of the ministry and the agency {Euphrates News} received a copy of it, that al-Jaafari arrived in Geneva "to represent Iraq at meetings of the UN Human Rights Council for the first time in Iraq's history after winning 173 votes, and the choice of vice-president of the Human Rights Council."
He pointed out that "it is hoped that Jaafari's speech Iraq at the opening of the fourth session of the Council, which highlights the challenges faced by Iraq, and efforts by the Iraqis efforts in the war against Daesh gangs terrorist, and urged the international community to stand by Iraq."
The statement continued, "is also expected to meet on the sidelines of meetings with a number of Foreign Ministers of Member States, and a number of international officials in the file of human rights; to discuss further cooperation and coordination in the field of human rights, the fight against terrorism."
He pointed out that "it is hoped that Jaafari's speech Iraq at the opening of the fourth session of the Council, which highlights the challenges faced by Iraq, and efforts by the Iraqis efforts in the war against Daesh gangs terrorist, and urged the international community to stand by Iraq."
The statement continued, "is also expected to meet on the sidelines of meetings with a number of Foreign Ministers of Member States, and a number of international officials in the file of human rights; to discuss further cooperation and coordination in the field of human rights, the fight against terrorism."
Speaker of Parliament confirms the role of the media support battles and tackle problems
2017/2/26 21:53 • 100
{Baghdad} Euphrates News said Parliament Speaker Salim al-Jubouri, Sunday, the media's role in supporting the liberation battles.
A statement by the Office of the Speaker of Parliament, received by the agency {Euphrates News}, a copy of it, that al-Jubouri, "received in his office, on Sunday, the Iraqi Journalists Syndicate pro-Lami and his accompanying delegation, the meeting reviewed the most prominent political and security developments and the role of the media in supporting the liberation battles ongoing in Mosul and Anbar. "
The statement quoted forced, his emphasis on "the importance of the role of media in the battles for liberation and the dissemination of ideas of tolerance and moderation rather than deviant ideas and work to address the social problems that plague the community."
"The joint forces achieved major victories in the battle to liberate Mosul, according to the stages of progress and plans for her," referring to "the importance of attention to the situation of the city after the liberation" .anthy
The statement quoted forced, his emphasis on "the importance of the role of media in the battles for liberation and the dissemination of ideas of tolerance and moderation rather than deviant ideas and work to address the social problems that plague the community."
"The joint forces achieved major victories in the battle to liberate Mosul, according to the stages of progress and plans for her," referring to "the importance of attention to the situation of the city after the liberation" .anthy
Immigration launches one million dinars grant in 2550 for displaced families
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Number of Views: 404 | 27-02-2017 11:38 AM
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27-02-2017 11:38 AM
The Ministry of Displacement and Migration, announced the launch of one million Iraqi dinars grant in 2550 for displaced families.
A statement of the Ministry of the Director General of the Department of Information and Research Agency in the Ministry Iman Naji as saying that the ministry launched the meal 22 to grant one million Iraqi dinars for 2550 displaced families registered within its database, along with the launch of the 250 thousand dinars a grant for the first two installments and the second part of the meal 13, as included 46 thousand and 972 displaced families and registered under the ministry database in all provinces of the country.
Also it made it clear that the first installment of the meal included 13 thousand and 17 483 displaced families, while the second batch included 29 thousand and 489 displaced families.
Immigration launches one million dinars grant in 2550 for displaced families
http://translate.
http://translate.
27-02-2017 11:38 AM
The Ministry of Displacement and Migration, announced the launch of one million Iraqi dinars grant in 2550 for displaced families.
A statement of the Ministry of the Director General of the Department of Information and Research Agency in the Ministry Iman Naji as saying that the ministry launched the meal 22 to grant one million Iraqi dinars for 2550 displaced families registered within its database, along with the launch of the 250 thousand dinars a grant for the first two installments and the second part of the meal 13, as included 46 thousand and 972 displaced families and registered under the ministry database in all provinces of the country.
The Ministry of Displacement and Migration, announced the launch of one million Iraqi dinars grant in 2550 for displaced families.
A statement of the Ministry of the Director General of the Department of Information and Research Agency in the Ministry Iman Naji as saying that the ministry launched the meal 22 to grant one million Iraqi dinars for 2550 displaced families registered within its database, along with the launch of the 250 thousand dinars a grant for the first two installments and the second part of the meal 13, as included 46 thousand and 972 displaced families and registered under the ministry database in all provinces of the country.
Jubouri: Parliament under false campaign will not be pleased with an increase of the salaries of its members
2017/2/27 22:59
{Baghdad} Euphrates News Parliament Speaker Salim al-Jubouri, said Monday that parliament will satisfy increase the salaries of its members.
He said al-Jubouri, said in a statement the agency {Euphrates News}, a copy of it, that "received the suffering of the House of Representatives of false campaign to curb its oversight role and through raising the issue of increasing the salaries of members of the Council."
He added, "The House of Representatives is keen to exercise the legislative and supervisory role during the legislative term and that the voice of the people will not be deterred by these deceptive practices."
He pointed out that "Parliament will satisfy increasing the salaries of its members at a time when the Iraqi citizen suffers from difficulties in providing a decent living."
The MP for the National Alliance Haider Alkaaba, announced yesterday, increasing the salaries of members of parliament, noting that "members of the former nominal parliament salaries were four million won increase them after a decision to amend the House members' salaries," noting that "nominal salary for members of the House of Representatives became five million to deduct 45% of the total allocation for the salary ".anthy
He added, "The House of Representatives is keen to exercise the legislative and supervisory role during the legislative term and that the voice of the people will not be deterred by these deceptive practices."
He pointed out that "Parliament will satisfy increasing the salaries of its members at a time when the Iraqi citizen suffers from difficulties in providing a decent living."
The MP for the National Alliance Haider Alkaaba, announced yesterday, increasing the salaries of members of parliament, noting that "members of the former nominal parliament salaries were four million won increase them after a decision to amend the House members' salaries," noting that "nominal salary for members of the House of Representatives became five million to deduct 45% of the total allocation for the salary ".anthy
OPEC: the agreement of all the participating countries committed to reducing oil production
2017/2/27 21:11
{International: Euphrates News} Secretary-General of the Organization of Petroleum Exporting Mohammed Barkindo, said on Monday, it said that production cuts led by the Organization agreement thrown good support from all participating countries, despite some start the application on the part of non-member States problems.
According to Barkindo, he told a news conference in Abuja "for countries not members of OPEC, is the first time and therefore can anticipate some of the challenges of the roll, but the commitment of all the ministers and all the participating countries is very strong."
Iraq had agreed in the end of November to participate in the "OPEC" agreement on reducing global supplies to contribute to raise oil prices, and restore stability to the markets, despite the heavy losses incurred in the shadow of the war being waged against Daesh.
It is said that, the Organization of Petroleum Exporting Countries {OPEC} and independent producers including Russia agreed to cut production by about 1.8 million barrels a day in an attempt to get rid of oversupply that resulted in lower prices for more than Aamin.anthy
Iraq had agreed in the end of November to participate in the "OPEC" agreement on reducing global supplies to contribute to raise oil prices, and restore stability to the markets, despite the heavy losses incurred in the shadow of the war being waged against Daesh.
It is said that, the Organization of Petroleum Exporting Countries {OPEC} and independent producers including Russia agreed to cut production by about 1.8 million barrels a day in an attempt to get rid of oversupply that resulted in lower prices for more than Aamin.anthy
Iraq invests sea to increase oil reserves and gaseous
2017/2/27 20:01 •
{Baghdad: Euphrates News} publicly Oil Minister Jabbar Luaibi, that Iraq plans to start oil and gas exploration in the offshore fields to strengthen its reserves in light of low crude prices.
The transport ministry statement seen by The Euphrates News Agency {}, the minister Allaibi say that the face of oil exploration company, "the importance of territorial waters out to determine the hydrocarbon reserves so as to enhance the ability of Iraq's economic and position regionally and internationally."
He was a member of the Organization of Petroleum Exporting Countries "OPEC" Iraq, it was announced last week to increase its oil reserves to 153 billion barrels from 143 billion barrels in the previous estimates.
Iraq boosted production rapidly in recent years with the help of foreign oil companies to become the second largest producer of crude, "OPEC", after Saudi Arabia.
Iraq had agreed in the end of November to participate in the "OPEC" agreement on reducing global supplies to contribute to raise oil prices, and restore stability to the markets, despite the heavy losses incurred in the shadow of the war being waged against Daash.anthy
He was a member of the Organization of Petroleum Exporting Countries "OPEC" Iraq, it was announced last week to increase its oil reserves to 153 billion barrels from 143 billion barrels in the previous estimates.
Iraq boosted production rapidly in recent years with the help of foreign oil companies to become the second largest producer of crude, "OPEC", after Saudi Arabia.
Iraq had agreed in the end of November to participate in the "OPEC" agreement on reducing global supplies to contribute to raise oil prices, and restore stability to the markets, despite the heavy losses incurred in the shadow of the war being waged against Daash.anthy
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What it means for the Fed as inflation wakes from Rip Van Winkle slumber
MarketWatchThe menace of higher inflation has been absent in the U.S. for a long time, but a bigger gust of rising prices is sure to grab the attention this week of the powerbrokers who determine the cost of borrowing. Read the full story
GLOBAL/ NEWS/ INFO
GLOBAL/ NEWS/ INFO
What it means for the Fed as inflation wakes from Rip Van Winkle slumber
MarketWatchThe menace of higher inflation has been absent in the U.S. for a long time, but a bigger gust of rising prices is sure to grab the attention this week of the powerbrokers who determine the cost of borrowing. Read the full story
GLOBAL/ NEWS/ INFO
OIL/COMMODITIES / ENERGY
Gold pulls back from multimonth high as dollar lessens drop
MarketWatch
Gold futures pulled back Monday from multimonth highs as the dollar pared its recent weakness. Short-term consolidation took over after the yellow metal logged its highest finish in more than three-and-half months on Friday and notched a fourth-straight weekly gain. Read the full story
Gold holds near 3-1/2 month highs; Trump economic policy in focus
Gold prices held firm on Monday near 3-1/2-month highs hit in the previous session.
Read more: http://www.cnbc.com/id/
Oil gains as bullish bets on rising prices hit record high
Reuters
Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by the prospect of faster growth in U.S. oil production. Read the full story
Oil ticks up on supply cuts, rising US output caps gains
Oil prices edged higher on Monday, with Brent oil set to rise for five out of seven sessions.
Read more: http://www.cnbc.com/id/
Gold pulls back from multimonth high as dollar lessens drop
MarketWatch
MarketWatch
Gold futures pulled back Monday from multimonth highs as the dollar pared its recent weakness. Short-term consolidation took over after the yellow metal logged its highest finish in more than three-and-half months on Friday and notched a fourth-straight weekly gain. Read the full story
Reuters
BANKS / BANKING
Which Bank Has the Best Dividend Stock?
The Motley Fool
The financial industry often pays big dividends. Find out which bank reigns supreme. Read the full story
SoftBank set to invest more than $3 billion in WeWork, puts valuation above $20 billion
The Japanese telecom company is making a big vote of confidence in the shared work space company, a source tells CNBC.
Read more: http://www.cnbc.com/id/
Deutsche Bank board member says staff not quitting over 80 percent bonus cuts
The cuts will see the bank's bonus pool shrink by about 80 percent and hit about a quarter of Deutsche's roughly 100,000 staff.
Read more: http://www.cnbc.com/id/
BANKS / BANKING
Which Bank Has the Best Dividend Stock?
The Motley Fool
The Motley Fool
The financial industry often pays big dividends. Find out which bank reigns supreme. Read the full story
SoftBank set to invest more than $3 billion in WeWork, puts valuation above $20 billion
The Japanese telecom company is making a big vote of confidence in the shared work space company, a source tells CNBC.
Read more: http://www.cnbc.com/id/
Deutsche Bank board member says staff not quitting over 80 percent bonus cuts
The cuts will see the bank's bonus pool shrink by about 80 percent and hit about a quarter of Deutsche's roughly 100,000 staff.
Read more: http://www.cnbc.com/id/
TREASURIES/ BONDS/ STOCKS
Look out below! Mark 'Dr. Doom' Faber sees market selling triggering an 'avalanche'
Marc Faber, the man often referred to as Dr. Doom, warns investors that a significant sell-off could be imminent.
Read more: http://www.cnbc.com/id/
Treasury yields rise as traders hope for more details about Trump’s tax plans
MarketWatch
Treasury yields ticked higher on Monday as investors were reluctant to open large positions ahead of President Donald Trump’s first congressional address, market strategists said. Read the full story
US Treasury yields rise, coming off a five-week low
Yields on U.S. government debt rose on Monday, after 10-year Treasury yields hit a five-week low on Friday.
Read more: http://www.cnbc.com/id/
Asia markets drop; Sterling spikes lower after report on Scottish referendum
TREASURIES/ BONDS/ STOCKS
Look out below! Mark 'Dr. Doom' Faber sees market selling triggering an 'avalanche'
Marc Faber, the man often referred to as Dr. Doom, warns investors that a significant sell-off could be imminent.
Read more: http://www.cnbc.com/id/
Treasury yields rise as traders hope for more details about Trump’s tax plans
MarketWatch
Treasury yields ticked higher on Monday as investors were reluctant to open large positions ahead of President Donald Trump’s first congressional address, market strategists said. Read the full story
US Treasury yields rise, coming off a five-week low
Yields on U.S. government debt rose on Monday, after 10-year Treasury yields hit a five-week low on Friday.
Read more: http://www.cnbc.com/id/
Asia markets drop; Sterling spikes lower after report on Scottish referendum
Asia markets fell on Monday, with Takata shares in focus following a report it was setting up a compensation fund for victims of faulty airbags.
Read more: http://www.cnbc.com/id/
European markets lower; fears over LSE-Deutsche Boerse tie-up
European bourses turned lower this Monday as investors eyed troubles in the London Stock Exchange-Deutsche Boerse merger.
Read more: http://www.cnbc.com/id/
Warren Buffett bullish on economy as Wall Street looks for more records
However, U.S. stock futures were indicating a bit of caution this morning, with President Donald Trump scheduled to address a joint session of Congress tomorrow night.
Read more: http://www.cnbc.com/id/
Asia markets fell on Monday, with Takata shares in focus following a report it was setting up a compensation fund for victims of faulty airbags.
Read more: http://www.cnbc.com/id/
European markets lower; fears over LSE-Deutsche Boerse tie-up
European bourses turned lower this Monday as investors eyed troubles in the London Stock Exchange-Deutsche Boerse merger.
Read more: http://www.cnbc.com/id/
Warren Buffett bullish on economy as Wall Street looks for more records
However, U.S. stock futures were indicating a bit of caution this morning, with President Donald Trump scheduled to address a joint session of Congress tomorrow night.
Read more: http://www.cnbc.com/id/
CURRENCIES
At What Price Will Bitcoin’s Market Cap Equal Gold & Reserve Currencies?Bitcoinist.net
Bitcoin is money so it does not have a market cap. So how can we determine at what price point will Bitcoin match the total money supply value of precious metals and global reserve currencies? Bitcoin: Market Cap or Money Supply? First off, a disclaimer. Definition of market cap: Market capitalization is the market value of a company’s outstanding shares. This figure is found by taking the stock price and multiplying it by the total number of shares outstanding. — Investopedia Bitcoin is not a Read the full story
Dollar edges up as market awaits Trump's tax plan
The dollar recouped some ground after dipping to a two-week low against the yen in Asian trading on Monday.
Read more: http://www.cnbc.com/id/
Opinion: The U.S. dollar is going to get much stronger
MarketWatch
Ivan Martchev says the 10-year Treasury yield could fall below 1% or lower and the U.S. Dollar Index rise to 120 by the time President Trump’s first term is complete — even though that may seem outlandish today. Read the full story
British pound falls as worries over Scotland emerge again
MarketWatch
Pressure on the pound picks up again after The Times reports U.K.’s Prime Minister Theresa May is preparing for the Scottish government to call a second independence referendum to coincide with the triggering of Article 50 next month. Read the full story
Pound hit by report Scotland will demand new independence vote
Sterling slumped on Monday following a report that Scotland will ask for a fresh referendum on its U.K. membership
Read more: http://www.cnbc.com/id/
Asia markets drop; Sterling spikes lower after report on Scottish referendum
CNBC
Asia markets fell on Monday, with Takata shares in focus following a report it was setting up a compensation fund for victims of faulty airbags. Read the full story
The Russian ruble is stronger
Business Insider
The Russian ruble is stronger. The petro-currency is up by 1.2% at 57.7349 per dollar as of 8:02 a.m. ET. Meanwhile, Brent crude oil, the international benchmark, is up by 1.1% at $56.91 per barrel. As for the rest of the world, here's the scoreboard as of 8:05 a.m. ET: The British pound is down by 0.4% at 1.2414 against the dollar after reports that the Scottish government might be set to call for a second independence referendum just as Prime Minister Theresa May begins the formal process of Read the full story
Australian dollar falls
Inside Retail
Aussie dollar sharply down against its US counterpart. Read the full story
NZ dollar little changed, remains in tight range
Scoop
Feb. 27 (BusinessDesk) - The New Zealand dollar started the week little changed, remaining in the range of just over 1 US cent that has kept it contained for more than two weeks. US President Donald Trump’s address before Congress on Tuesday ... Read the full story
Rupee hits 15-week high against US dollar
Livemint
Mumbai: The Indian rupee on Monday hit a fresh 15-week high against the US dollar in opening trade, after foreign institutional investors (FIIs) continued to buy in local equity markets. Read the full story
Yen Extends Rise Amid Rising Risk Aversion
RTTNews
The Japanese yen continued to be strong against the other major currencies in the Asian session on Monday amid rising risk aversion, as lower commodity prices weighed on resources stocks. Investors also digested local corporate earnings results as the earnings reporting season winds down. Read the full story
Trump likely to backtrack on China's currency, global experts say
Although most said they expected Trump to balk on campaign promises to label China a currency manipulator, several top experts refused to rule it out.
Read more: http://www.cnbc.com/id/
CURRENCIES
At What Price Will Bitcoin’s Market Cap Equal Gold & Reserve Currencies?Bitcoinist.net
Bitcoin is money so it does not have a market cap. So how can we determine at what price point will Bitcoin match the total money supply value of precious metals and global reserve currencies? Bitcoin: Market Cap or Money Supply? First off, a disclaimer. Definition of market cap: Market capitalization is the market value of a company’s outstanding shares. This figure is found by taking the stock price and multiplying it by the total number of shares outstanding. — Investopedia Bitcoin is not a Read the full story
Dollar edges up as market awaits Trump's tax plan
The dollar recouped some ground after dipping to a two-week low against the yen in Asian trading on Monday.
Read more: http://www.cnbc.com/id/
Opinion: The U.S. dollar is going to get much stronger
MarketWatch
MarketWatch
Ivan Martchev says the 10-year Treasury yield could fall below 1% or lower and the U.S. Dollar Index rise to 120 by the time President Trump’s first term is complete — even though that may seem outlandish today. Read the full story
British pound falls as worries over Scotland emerge again
MarketWatch
MarketWatch
Pressure on the pound picks up again after The Times reports U.K.’s Prime Minister Theresa May is preparing for the Scottish government to call a second independence referendum to coincide with the triggering of Article 50 next month. Read the full story
Pound hit by report Scotland will demand new independence vote
Sterling slumped on Monday following a report that Scotland will ask for a fresh referendum on its U.K. membership
Read more: http://www.cnbc.com/id/
Asia markets drop; Sterling spikes lower after report on Scottish referendum
CNBC
CNBC
Asia markets fell on Monday, with Takata shares in focus following a report it was setting up a compensation fund for victims of faulty airbags. Read the full story
The Russian ruble is stronger
Business Insider
Business Insider
The Russian ruble is stronger. The petro-currency is up by 1.2% at 57.7349 per dollar as of 8:02 a.m. ET. Meanwhile, Brent crude oil, the international benchmark, is up by 1.1% at $56.91 per barrel. As for the rest of the world, here's the scoreboard as of 8:05 a.m. ET: The British pound is down by 0.4% at 1.2414 against the dollar after reports that the Scottish government might be set to call for a second independence referendum just as Prime Minister Theresa May begins the formal process of Read the full story
Australian dollar falls
Inside Retail
Inside Retail
Aussie dollar sharply down against its US counterpart. Read the full story
NZ dollar little changed, remains in tight range
Scoop
Scoop
Feb. 27 (BusinessDesk) - The New Zealand dollar started the week little changed, remaining in the range of just over 1 US cent that has kept it contained for more than two weeks. US President Donald Trump’s address before Congress on Tuesday ... Read the full story
Rupee hits 15-week high against US dollar
Livemint
Livemint
Mumbai: The Indian rupee on Monday hit a fresh 15-week high against the US dollar in opening trade, after foreign institutional investors (FIIs) continued to buy in local equity markets. Read the full story
Yen Extends Rise Amid Rising Risk Aversion
RTTNews
The Japanese yen continued to be strong against the other major currencies in the Asian session on Monday amid rising risk aversion, as lower commodity prices weighed on resources stocks. Investors also digested local corporate earnings results as the earnings reporting season winds down. Read the full story
Trump likely to backtrack on China's currency, global experts say
Although most said they expected Trump to balk on campaign promises to label China a currency manipulator, several top experts refused to rule it out.
Read more: http://www.cnbc.com/id/
USA
Trump speech could detail economic plan, tax cuts
USA TODAY
Also this week: reports on consumer spending, business investment, manufacturing, Q4 growth Read the full story
Why Deregulating Wall Street Could Help Main Street
Inc.
Financial "innovation" has become a dirty word since the banking crisis. But it's not all bad. Read the full story
Two Wall Street lobby groups are partnering to bring blockchain to securitization
Business Insider
The Wall Street sign is seen outside the New York Stock Exchange Thomson Reuters NEW YORK (Reuters) - The lobby group for Wall Street's structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion (£1.5 trillion) US securitization market. The partnership, set to be announced on Monday, will see the Chamber of Digital Commerce and the Structured Finance Industry Group work together on Read the full story
U.S. pending home sales fall to lowest level in a year
Reuters
Contracts to buy previously owned U.S. homes dropped in January on a shortage of inventory in the Midwest and West regions, the National Association of Realtors said on Monday. Read the full story
USA
Trump speech could detail economic plan, tax cuts
USA TODAY
USA TODAY
Also this week: reports on consumer spending, business investment, manufacturing, Q4 growth Read the full story
Why Deregulating Wall Street Could Help Main Street
Inc.
Inc.
Financial "innovation" has become a dirty word since the banking crisis. But it's not all bad. Read the full story
Two Wall Street lobby groups are partnering to bring blockchain to securitization
Business Insider
Business Insider
The Wall Street sign is seen outside the New York Stock Exchange Thomson Reuters NEW YORK (Reuters) - The lobby group for Wall Street's structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion (£1.5 trillion) US securitization market. The partnership, set to be announced on Monday, will see the Chamber of Digital Commerce and the Structured Finance Industry Group work together on Read the full story
U.S. pending home sales fall to lowest level in a year
Reuters
Reuters
Contracts to buy previously owned U.S. homes dropped in January on a shortage of inventory in the Midwest and West regions, the National Association of Realtors said on Monday. Read the full story
EMERGING MARKETS
Mexico warns it will end NAFTA talks if U.S. proposes tariffs - Bbg
Reuters
Mexico's economy minister Ildefonso Guajardo warned that his country will break off negotiations on the North American Free Trade Agreement (NAFTA) if the United States were to propose tariffs on products from Mexico, Bloomberg reported on Monday. Read the full story
Emerging Markets This Week: Central Banks, Trump & Trade
Barron's
Emerging Markets Daily Emerging market equity performance last week was mixed with idiosyncratic pushing and pulling individual countries, but this week may hinge on what U.S. President Donald J. Trump says Tuesday evening before Congress. The iShares MSCI Emerging Markets exchange-traded fund (EEM) was off by 0.2% in early trading Monday after sliding 1.2% Friday. The ETF rose 0.2% last week. Here are some excerpts from Brown Brothers Harriman on the week that was, and what to expect from this Read the full story
MIDDLE EAST
Qatar to raise fuel prices by QAR 0.05 in March
Mubasher
Doha – Mubahser: Qatar's Ministry of Energy and Industry decided to raise the prices of diesel, super, and premium grade fuel by QAR 0.05 (5 dirhams). The price per litre of diesel is set to reach QAR 1.55 on 1 March, compared with QAR 1.50 in … Read the full story
Ajman Bank, German Hospitals Group sign deal for new project
Mubasher
Dubai – Mubasher: Ajman Bank has inked a financing agreement with Saudi German Hospitals Group for the construction of the Saudi German Hospital – Ajman (SGH-Ajman) project. The 150- bed facility is valued at AED 327.3 million, according to a … Read the full story
UAE to see higher fuel prices in March
Mubasher
Abu Dhabi – Mubasher: The UAE’s Ministry of Energy will raise the local fuel and diesel prices for March, following the rise of global oil prices, according to a statement. Super 98 will rise to AED 2.03 per litre from AED 2, while Special 95 will … Read the full story
Gulf exchanges need new liquidity – Analysts
Mubasher
By: Mahmoud Gamal Mubasher: Most Gulf markets need the entry of a new liquidity to be able to break important resistance levels on Monday, amid the control of speculations and the decline of oil prices, capital market analyst Ahmed Akl told … Read the full story
EMERGING MARKETS
Mexico warns it will end NAFTA talks if U.S. proposes tariffs - Bbg
Reuters
Reuters
Mexico's economy minister Ildefonso Guajardo warned that his country will break off negotiations on the North American Free Trade Agreement (NAFTA) if the United States were to propose tariffs on products from Mexico, Bloomberg reported on Monday. Read the full story
Emerging Markets This Week: Central Banks, Trump & Trade
Barron's
Barron's
Emerging Markets Daily Emerging market equity performance last week was mixed with idiosyncratic pushing and pulling individual countries, but this week may hinge on what U.S. President Donald J. Trump says Tuesday evening before Congress. The iShares MSCI Emerging Markets exchange-traded fund (EEM) was off by 0.2% in early trading Monday after sliding 1.2% Friday. The ETF rose 0.2% last week. Here are some excerpts from Brown Brothers Harriman on the week that was, and what to expect from this Read the full story
MIDDLE EAST
Qatar to raise fuel prices by QAR 0.05 in March
Mubasher
Mubasher
Doha – Mubahser: Qatar's Ministry of Energy and Industry decided to raise the prices of diesel, super, and premium grade fuel by QAR 0.05 (5 dirhams). The price per litre of diesel is set to reach QAR 1.55 on 1 March, compared with QAR 1.50 in … Read the full story
Ajman Bank, German Hospitals Group sign deal for new project
Mubasher
Mubasher
Dubai – Mubasher: Ajman Bank has inked a financing agreement with Saudi German Hospitals Group for the construction of the Saudi German Hospital – Ajman (SGH-Ajman) project. The 150- bed facility is valued at AED 327.3 million, according to a … Read the full story
UAE to see higher fuel prices in March
Mubasher
Mubasher
Abu Dhabi – Mubasher: The UAE’s Ministry of Energy will raise the local fuel and diesel prices for March, following the rise of global oil prices, according to a statement. Super 98 will rise to AED 2.03 per litre from AED 2, while Special 95 will … Read the full story
Gulf exchanges need new liquidity – Analysts
Mubasher
Mubasher
By: Mahmoud Gamal Mubasher: Most Gulf markets need the entry of a new liquidity to be able to break important resistance levels on Monday, amid the control of speculations and the decline of oil prices, capital market analyst Ahmed Akl told … Read the full story
Facebook plans to lay almost 500 miles of fiber cable in Africa for better wireless internet
Recode
Recode
Facebook is partnering with Airtel and BCS on the project. Facebook has a new plan to get more of Africa online: Fiber optic cables. The social giant on Monday announced plans to lay nearly 500 miles of fiber cable in Uganda by the end of the year, infrastructure that Facebook believes will provide internet access for more than 3 million people. Facebook is not, however, providing its own wireless network. The company is partnering with Airtel and BCS to provide the actual internet service, and Read the full story
Africa: South Africa Has Become the Bad Guy in Africa
AllAfrica
AllAfrica
(Photo: Wikipedia) South Africa's reputation on the continent has taken a battering in recent years. Increasingly, the country is being defined not by its much-lauded ideals, but by its flourishing xenophobia. And xenophobia is not just bad - it's also bad for business. By SIMON ALLISON. Six years ago, when I began reporting on and in the African continent, it was a great time to be a South African in Africa. Perhaps naively, we were still perceived as a force for good on the continent, a moral Read the full story
ASIA
China's top diplomat to visit U.S. on Monday and Tuesday: Xinhua
Reuters
China's top diplomat will visit the United States this week, the most senior Chinese official to do so since President Donald Trump took office on January 20, state news agency Xinhua said. Read the full story
Kühne + Nagel offers LCL transports between China and Europe
POST Online Media
With the launch of KN Eurasia Express, Kuehne + Nagel offers less than container load (LCL) shipments between China and Europe. The new service complements the company's existing full container load (FCL) rail offering for import and export shipments. KN Eurasia Express connects China, Russia and Europe. In addition to its est... Read the full story
CSRC: China is to accelerate financial reform Thank you Tish
ASIA
China's top diplomat to visit U.S. on Monday and Tuesday: Xinhua
Reuters
Reuters
China's top diplomat will visit the United States this week, the most senior Chinese official to do so since President Donald Trump took office on January 20, state news agency Xinhua said. Read the full story
Kühne + Nagel offers LCL transports between China and Europe
POST Online Media
POST Online Media
With the launch of KN Eurasia Express, Kuehne + Nagel offers less than container load (LCL) shipments between China and Europe. The new service complements the company's existing full container load (FCL) rail offering for import and export shipments. KN Eurasia Express connects China, Russia and Europe. In addition to its est... Read the full story
CSRC: China is to accelerate financial reform Thank you Tish
Another country accelerating economic reforms hmmmmm...
CHINA is trying to lure more foreign capital into the mainland's financial market and will stick to the stance of reform and opening-up, the country's top securities regulator said today during a press conference amid recent regulatory signals for further financial reforms.
Fang Xinghai, vice president of the China Securities Regulatory Commission (CSRC), said China will attract more foreign investors to participate in China's futures industry to enhance China's weight on commodity pricing."
Commodity is more about the international market," Fang said. "To isolate foreign investors' participation in the mainland's market will hinder China to achieve bigger role on the global stage."
Fang also said that the regulator will study more foreign ownership of brokerages gradually in the future, without giving further timetable on the move. Overseas banks now can own up to 49 percent ownership in securities and fund-management joint ventures in the nation, while Hong Kong and Macau companies are allowed taking control of their ventures under economic partnership agreements.
The 49-year-old vice chairman also pledged to keep studying the openings of the country's international bourse to allow foreign companies to list in the mainland market. However he pointed out several technical obstacles that may delay the plan, naming different standards on accounting, regulation and information disclosure between domestic and foreign markets.The conference held on Sunday was jointly attended by Liu Shiyu, chairman of the country's stock market regulator, and Li Chao, another vice chairman of CSRC who oversees country's funds and private equity market.
Liu, who took helmet of CSRC a year ago, said China will allow more companies to list on its stock market to boost support for its economy on Sunday, dismissing concerns that more supplies of shares can depress the market.
The media conference of CSRC came on heels of tightening regulation on China's insurers, indicating the country’s faster pace of financial reforms. Last Friday, China has reportedly appointed financial-sector expert Guo Shuqing as the new head of China Banking Regulatory Commission, according to some local media reports but the CBRC has yet to confirm, to tackle growing risks from China’s massive shadow-banking sector and booming asset-management products.
While China’s insurance regulator banned several players, including Evergrande Life Insurance Co, from stock investments for one year, stepping up its crackdown on the industry’s most “radical” investors in a bid to rein in risks.
Another country accelerating economic reforms hmmmmm...
CHINA is trying to lure more foreign capital into the mainland's financial market and will stick to the stance of reform and opening-up, the country's top securities regulator said today during a press conference amid recent regulatory signals for further financial reforms.
Fang Xinghai, vice president of the China Securities Regulatory Commission (CSRC), said China will attract more foreign investors to participate in China's futures industry to enhance China's weight on commodity pricing."
Commodity is more about the international market," Fang said. "To isolate foreign investors' participation in the mainland's market will hinder China to achieve bigger role on the global stage."
Fang also said that the regulator will study more foreign ownership of brokerages gradually in the future, without giving further timetable on the move. Overseas banks now can own up to 49 percent ownership in securities and fund-management joint ventures in the nation, while Hong Kong and Macau companies are allowed taking control of their ventures under economic partnership agreements.
The 49-year-old vice chairman also pledged to keep studying the openings of the country's international bourse to allow foreign companies to list in the mainland market. However he pointed out several technical obstacles that may delay the plan, naming different standards on accounting, regulation and information disclosure between domestic and foreign markets.The conference held on Sunday was jointly attended by Liu Shiyu, chairman of the country's stock market regulator, and Li Chao, another vice chairman of CSRC who oversees country's funds and private equity market.
Liu, who took helmet of CSRC a year ago, said China will allow more companies to list on its stock market to boost support for its economy on Sunday, dismissing concerns that more supplies of shares can depress the market.
The media conference of CSRC came on heels of tightening regulation on China's insurers, indicating the country’s faster pace of financial reforms. Last Friday, China has reportedly appointed financial-sector expert Guo Shuqing as the new head of China Banking Regulatory Commission, according to some local media reports but the CBRC has yet to confirm, to tackle growing risks from China’s massive shadow-banking sector and booming asset-management products.
While China’s insurance regulator banned several players, including Evergrande Life Insurance Co, from stock investments for one year, stepping up its crackdown on the industry’s most “radical” investors in a bid to rein in risks.
EUROPE
LSE Deutsche Börse’s $31 billion merger in doubt as UK exchange says it won’t meet disposal deadline
The 29 billion euro ($30.65 billion) tie-up between the London Stock Exchange (LSE) and Deutsche Börse has been thrown into doubt.
Read more: http://www.cnbc.com/id/
Brexit's weakening of the pound 'to be exploited by foreign property millionaires'
The Independent
The pound’s post-Brexit vote slump against the dollar has considerably sweetened the appeal of London’s residential property market for millionaires from India, Turkey and the Middle East, according to new research. Read the full story
No debt relief for Greece, says Germany’s deputy minister
POST Online Media
Greece must not be granted a “bail in” that would involve creditors taking a loss on their loans, Germany’s deputy finance minister said in an interview. “There must not be a bail-in,” Jens Spahn told German broadcaster Deutschlandfunk, according to a written transcript of the interview. “We think it is very, very likely tha... Read the full story
Euro zone set to pick up in the second half of 2017…but look out for Belgium, Italy, France: Deutsche Bank
The euro zone might be clouded by political uncertainty with fears of populist victories in key elections across the bloc. But Deutsche Bank says none of these risks should end up materializing.
Read more: http://www.cnbc.com/id/
EUROPE
LSE Deutsche Börse’s $31 billion merger in doubt as UK exchange says it won’t meet disposal deadline
The 29 billion euro ($30.65 billion) tie-up between the London Stock Exchange (LSE) and Deutsche Börse has been thrown into doubt.
Read more: http://www.cnbc.com/id/
Brexit's weakening of the pound 'to be exploited by foreign property millionaires'
The Independent
The Independent
The pound’s post-Brexit vote slump against the dollar has considerably sweetened the appeal of London’s residential property market for millionaires from India, Turkey and the Middle East, according to new research. Read the full story
No debt relief for Greece, says Germany’s deputy minister
POST Online Media
POST Online Media
Greece must not be granted a “bail in” that would involve creditors taking a loss on their loans, Germany’s deputy finance minister said in an interview. “There must not be a bail-in,” Jens Spahn told German broadcaster Deutschlandfunk, according to a written transcript of the interview. “We think it is very, very likely tha... Read the full story
Euro zone set to pick up in the second half of 2017…but look out for Belgium, Italy, France: Deutsche Bank
The euro zone might be clouded by political uncertainty with fears of populist victories in key elections across the bloc. But Deutsche Bank says none of these risks should end up materializing.
Read more: http://www.cnbc.com/id/
Blessed and Highly Favored:
CBI Update:
The CBI for Tuesday, Feb 28, 2017 did not update on the indicative rates and the last date shown is 01/04/2017.
The currency auction is 163,376,952
There are no news and announcements for Tueday, Feb 28, 2017 :
ISX Update:
Value Traded
991,219,802
Shares Traded
1,717,270,638
ISX ended in Red
Financial directed bank Rafidain and Rasheed launch advances for state employees
Information / Baghdad ...
The Minister of Finance Agency Essa Abdul Razzaq, on Monday, bank Rafidain and Rasheed launch financial advances to state employees.
The Finance Ministry said in a statement the agency / information / received a copy of it, he was "in support of state employees all face Alissa bank Rafidain and Rasheed launch financial advances the equivalent of ten comprehensive salaries for nominal fixed allocations and no more than ten million dinars, according controls and regulations in force in both the two banks. "
She added that "Alissa instructed dispensed in a transparent manner to ensure the smooth flow of arriving beneficiaries who wish to receive it," .anthy / 25 Q
Kauaihn Chatter:
2-28-2017 Intel Guru Frank26 Another important thing...Dr. Shabibi came out and condemned Maliki...and you will start to see EVEN MORE! That will help with the monetary reform...help with the lava-flow. Watch for more on Dr. Shabibi and Maliki. In the end, Dr. Shabibi will make a speech to you. Security is coming in many ways. We (USA) are planting a presence sooo deep! We told you...some articles would come out...about the new Iraqi dinar being used in-country...and they are coming. [post 2 of 2]
2-28-2017 Intel Guru Frank26 ...THIS FRIDAY...I believe that could be a good time-frame for the liberation of Mosul. Once we have Mosul...does that mean we have the RV? No...this is a lava-flow process. What does Mosul give you? SECURITY and STABILITY...IMO...Mosul is about to be announced to the world. Iraq needs international investors...and I believe that is the big campaign now by Abadi. Come in and invest in our country! This airport...once it was captured...IMO...it opened the door...did you know that we are building 7 bases in Iraq? WE AIN’T GOING ANYWHERE...and the INTERNATIONAL WORLD KNOWS IT! [post 1 of 2....stay tuned]
2-28-2017 Intel Guru Frank26 ...THIS FRIDAY...I believe that could be a good time-frame for the liberation of Mosul. Once we have Mosul...does that mean we have the RV? No...this is a lava-flow process. What does Mosul give you? SECURITY and STABILITY...IMO...Mosul is about to be announced to the world. Iraq needs international investors...and I believe that is the big campaign now by Abadi. Come in and invest in our country! This airport...once it was captured...IMO...it opened the door...did you know that we are building 7 bases in Iraq? WE AIN’T GOING ANYWHERE...and the INTERNATIONAL WORLD KNOWS IT! [post 1 of 2....stay tuned]
2-27-2017 Newshound Guru BGG [I just heard on Fox news that somebody felt it might take a year to get ice is out of Mozel.] They are HAMMERING AWAY at these guys RIGHT NOW. This won’t take a year...It won’t take a month…in fact, over the last several days, in spite of HEAVY FIGHTING, there are maps showing the Iraqi regulars holding nearly 20% of the last half of Mosul. Iraq is hitting ISIS in Syria – CUTTING OFF ROUTES of escape. This is a “TURKEY SHOOT” about to happen.
2-27-2017 Newshound Guru Kaperoni Article: "Commercial layer "parasitic" I run the Americans in Iraq and the balance of the bank continues to decline" Quote: "...the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically." IMO, they wouldn't be talking about it, if it was not the plan. Soon we can hope the float will start.
2-27-2017 Intel Guru RayRen98 On Iraqi television this morning, they were told the stock exchange is going international in March, with no delays. That is the good Iraq news, for those who believe nothing will happen until things happen in Iraq. Mosul is pretty much in the bag; how important that will be will become clear. I’m still at ‘any minute, any hour’, and I know there was a desire to get this done by the end of the month...we are close...slowly but surely, it’s coming. This RV is like running water, and it’s difficult to stop running water once it’s started flowing. So we wait to see what happens next... [post 2 of 2]
2-27-2017 Intel Guru RayRen98 The fight has moved over to Syria, with Abadi ordering air force attacks. Mosul seems to be no longer an issue, unless they are doing both at the same time. Also, Iraq is saying Mosul is ‘steps away from complete freedom’. Supposedly a new plan to defeat ISIL is to be revealed today. Western Mosul has been reclaimed, with government buildings, etc. That says something to us – large groups of ISIL are surrendering. Also Iraq offered its first international bond to the markets. Farmers are supposed to receive their back pay today, and also fingerprinting for international Visa cards. We are told this is to be at the new rate. With the new cards, the currency is certainly international. [post 1 of 2....stay tuned]
2-27-2017 Newshound Guru Kaperoni Article: "Commercial layer "parasitic" I run the Americans in Iraq and the balance of the bank continues to decline" Quote: "...the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically." IMO, they wouldn't be talking about it, if it was not the plan. Soon we can hope the float will start.
2-27-2017 Intel Guru RayRen98 On Iraqi television this morning, they were told the stock exchange is going international in March, with no delays. That is the good Iraq news, for those who believe nothing will happen until things happen in Iraq. Mosul is pretty much in the bag; how important that will be will become clear. I’m still at ‘any minute, any hour’, and I know there was a desire to get this done by the end of the month...we are close...slowly but surely, it’s coming. This RV is like running water, and it’s difficult to stop running water once it’s started flowing. So we wait to see what happens next... [post 2 of 2]
2-27-2017 Intel Guru RayRen98 The fight has moved over to Syria, with Abadi ordering air force attacks. Mosul seems to be no longer an issue, unless they are doing both at the same time. Also, Iraq is saying Mosul is ‘steps away from complete freedom’. Supposedly a new plan to defeat ISIL is to be revealed today. Western Mosul has been reclaimed, with government buildings, etc. That says something to us – large groups of ISIL are surrendering. Also Iraq offered its first international bond to the markets. Farmers are supposed to receive their back pay today, and also fingerprinting for international Visa cards. We are told this is to be at the new rate. With the new cards, the currency is certainly international. [post 1 of 2....stay tuned]
2-27-2017 Newshound Guru tlm724 Article: "The Ministry of Commerce held a conference last week that "trade policy and economic reform" with broad participation and the presence of specialists in the economy." [What is your take on this... Quote: "...the current value of the Iraqi dinar is not a real value but a value for the stability and the alternative is a monetary reserves because the government can not afford to float the currency politically."] I think when it says "the government can not afford to float the currency politically" they are right. Politically here is no Minister of Finance and the CBI governor is a Bozo, that is some serious instability if you ask me. We all know the dinar is grossly undervalued and the reserves are down because Iraq is just now graduating from the Economic's 101 class. They are making great progress with the electronic system which is very encouraging. Without that piece of the puzzle we would have little hope! They need liquidity badly and the only way they are going to get peoples money is to make those deposit's insured. That is what I am looking for next!
2-27-2017 Newshound Guru loop LOVE THE DUE DILIGENCE THAT THE BANKS AND GOI ARE DOING! IT SHOWS A REAL COMMITMENT, ON THEIR PART, TO STOP THE CORRUPTION ONCE AND FOR ALL. THEY STILL HAVE MUCH WORK TO DO ON THIS FRONT. ONE THING HAS BECOME VERY APPARENT TO ANYONE READING THE NEWS...THEY ARE DONE ALLOWING THEIR WEALTH TO BE STOLEN BY CROOKS. THIS BODES VERY WELL FOR THE IRAQI CITIZENS AND US! THIS IS EXACTLY WHAT THE IMF NEEDS TO SEE THEM DOING!
2-27-2017 Newshound Guru Kaperoni Article: "Central Bank Governor: We support researchers and experts" Quote: "...the strength of the role of the banking sector is largely based on the strength of the economy and the stability and diversity, and its role in supporting and stimulating the private sector as the fundamental basis for the economy and growth." No secrets or shortcuts. Though not what most want to hear, it is what we want to hear. Simply because as the economy grows so will the dinar...Balassa-Samuelson effect.
2-27-2017 Newshound Guru loop LOVE THE DUE DILIGENCE THAT THE BANKS AND GOI ARE DOING! IT SHOWS A REAL COMMITMENT, ON THEIR PART, TO STOP THE CORRUPTION ONCE AND FOR ALL. THEY STILL HAVE MUCH WORK TO DO ON THIS FRONT. ONE THING HAS BECOME VERY APPARENT TO ANYONE READING THE NEWS...THEY ARE DONE ALLOWING THEIR WEALTH TO BE STOLEN BY CROOKS. THIS BODES VERY WELL FOR THE IRAQI CITIZENS AND US! THIS IS EXACTLY WHAT THE IMF NEEDS TO SEE THEM DOING!
2-27-2017 Newshound Guru Kaperoni Article: "Central Bank Governor: We support researchers and experts" Quote: "...the strength of the role of the banking sector is largely based on the strength of the economy and the stability and diversity, and its role in supporting and stimulating the private sector as the fundamental basis for the economy and growth." No secrets or shortcuts. Though not what most want to hear, it is what we want to hear. Simply because as the economy grows so will the dinar...Balassa-Samuelson effect.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider al-Abadi reason to keep universities from political conflicts and not to implicate students disagreements
Mr. Prime Minister, Dr. Haider al-Abadi called on to keep universities from political conflicts and not to implicate students disagreements.
This came during his visit Wasit University, where he said it was a pleasure to be among our students to share with the needs of this province and cooperation in order to build this scientific edifice and elevate it.
He said interest in the educational aspect is essential and is a complement to our heroes victories on terrorist gangs where we stand pay tribute to our heroes and we are in the final stages to defeat Daesh gangs.
He expressed surprise that the sovereignty Doaash media and politics all we got to a delicate stage and have achieved victories they broadcast the problems that negatively affect the situation of the country we are in a fateful war and all the nations of the world in such a war demonstrations crashes, but we are providing protection to them.
And we allow the opposition in the framework of peaceful and not allowed to waive the citizens and public and private property.
He said those who have a problem with the Prime Minister let it be with the prime minister without affecting the security of the country and the conduct of the battle.
He said that we are moving in the right direction and Iraq was progressing and moved the country from fragmentation to unite the stage, indicating that our goal the unification of the country and reduce the differences because the differences are Bdaash came and wanted to transfer to universities.
Information Office of the Prime Minister
February 28, 2017
He said interest in the educational aspect is essential and is a complement to our heroes victories on terrorist gangs where we stand pay tribute to our heroes and we are in the final stages to defeat Daesh gangs.
He expressed surprise that the sovereignty Doaash media and politics all we got to a delicate stage and have achieved victories they broadcast the problems that negatively affect the situation of the country we are in a fateful war and all the nations of the world in such a war demonstrations crashes, but we are providing protection to them.
And we allow the opposition in the framework of peaceful and not allowed to waive the citizens and public and private property.
He said those who have a problem with the Prime Minister let it be with the prime minister without affecting the security of the country and the conduct of the battle.
He said that we are moving in the right direction and Iraq was progressing and moved the country from fragmentation to unite the stage, indicating that our goal the unification of the country and reduce the differences because the differences are Bdaash came and wanted to transfer to universities.
Information Office of the Prime Minister
February 28, 2017
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ARTICLE 1-A
Cabinet meets in Wasit headed Abadi
2017/2/28 11:40
[Oan- Baghdad]
The Cabinet held on Tuesday, meeting ordinary in Wasit province, headed by Prime Minister Haider al-Abadi. The Abadi arrived, accompanied by a number of ministers this morning to the province of Wasit.
The Cabinet held on Tuesday, meeting ordinary in Wasit province, headed by Prime Minister Haider al-Abadi. The Abadi arrived, accompanied by a number of ministers this morning to the province of Wasit.
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ARTICLE 1-B
Urgent Pictures .. injuring dozens of students protested during a visit to the University of al - Abadi Wasit
2017/2/28 12:36
[Oan- Wasit]
Wounded, dozens of Wasit University students during the protesting at the visit of Prime Minister Haider al-Abadi morning to the university.
Wounded, dozens of Wasit University students during the protesting at the visit of Prime Minister Haider al-Abadi morning to the university.
Correspondent agency all of Iraq [where] that "dozens of students were injured as a result of beatings with sticks and batons and due to tear gas to disperse them by firing protesting when visiting Abadi to the university today."
The Prime Minister Haider al-Abadi called for in his speech during his visit to the University of Wasit today to keep universities from political conflicts and not to implicate students disagreements.
Ebadi said, "Whoever has a problem with the Prime Minister let it be with without the prime minister that affect the security of the country and the conduct of the battle," adding that "Our aim is the unification of the country and reduce the differences because the differences are came Bdaash and these differences they want to transfer to universities."
The Prime Minister Haider al-Abadi called for in his speech during his visit to the University of Wasit today to keep universities from political conflicts and not to implicate students disagreements.
Ebadi said, "Whoever has a problem with the Prime Minister let it be with without the prime minister that affect the security of the country and the conduct of the battle," adding that "Our aim is the unification of the country and reduce the differences because the differences are came Bdaash and these differences they want to transfer to universities."
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ARTICLE 2
Urgent Parliament to raise its Tuesday of next week
2017/2/27 15:28
[Where-Baghdad]
Lifting of the House of Representatives to its regular Tuesday of next week ..itba
Lifting of the House of Representatives to its regular Tuesday of next week ..itba
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ARTICLE 3
The first of March, the launch date of the first installment in 2017 social protection
BAGHDAD - Iraq Press - February 28: The Minister of Labor and Social Affairs Mohammad Xiaa Sudanese, that the first of the month of March next year will be the launch date for the first batch of social protection of the general allowance in 2017, indicating that thebatch will include 945 thousand families in Baghdad and the provinces. The Sudanese official page on the social networking site (Facebook), it will be " the first installment of the subsidy social protection for the 2017 launch of the first of next March , 945 thousand families in Baghdad and the provinces." Q ended
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ARTICLE 4
Raise the Iraqi flag over the College of Engineering and the Olympic swimming pool and foil exposed in Tel Abth
Nineveh - Iraq Press - February 27: The federal police said Monday, raising the Iraqi flag over theCollege of Engineering and the Olympic swimming pool in the right Mosul Coast.
He said the federal police chief, the team Raed Jawdat, said in a statement received / Iraq Press /, a copy of which, " The band REACT federal police raised the Iraqi flag over the College of Engineering and the Olympic swimming pool in the neighborhood Jawasaq and went to the road link President fourth bridge on the right coast of the connector .
To that foiled the attempt on Gen. 92 elements Daesh, West hand (Tel Abth) and killed six members of the Daesh after the first phase of the sixth page ofthe popular crowd operations west and east of Tal Afar unrealized end all goals set for it. " Ended O.h
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ARTICLE 5
"Golden Eagle" fighter aircraft flying in the skies of Iraq
BAGHDAD - Iraq Press - February 27: The Iraqi Air Force, on Monday, start charging for the first meal of the "Golden Eagle" from South Korea aircraft operation.
The Air Force said in a statement posted on the official front - page on the social networking site (Facebook), " The charging process for the first meal of the T50iq Golden Eagle from one of the ports of the South Korean aircraft began today."
She added that " the aircraft will arrive in thecoming weeks to Umm Qasr port in Iraq."
The previous government signed on 21 of the month of December 2013, a contract with South Korea to buy 24 modern Korean plane in favor of Iraq 's military air power. Q ended
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ARTICLE 6
Massoud Uday Saddam Hussein: the Trump pressure on Iran to restore the bodies of my uncle and my father
BAGHDAD - Iraq Press - February 28, February: the dawn named Massoud Uday, the grandson of former President Saddam Hussein, who lives in Turkey since 2003 surprise when revealed that "Iran seized the bodies of all the members of his family executed during the reign of former President Management Barack Obama, in violation of the laws and international norms and conventions , "calling Trump to help in order to recover the remains of the bodies of his family.
He Massoud Uday in a letter to Trump, to put pressure on Iran to be handed over the bodies of his family members who were murdered and executed, saying , "Here I Khvid grandfather was executed; the bodies were kidnapped some of my family members to betransferred to Iran."
He said Massoud that " the Iranian regime still retains the corpse of Abu Uday, and my uncle Qusay, and my cousin Mustafa Qusay, as well as the body of a cousin of my grandfather , Barzan Ibrahim Hasan al - Tikriti, and the body of the brother grandfather Watban Ibrahim al - Tikriti , after he was executed in a prison in Baghdad was handed his personal property to his wife, However, his body disappeared in mysterious circumstances. " Ended O.h
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