Word on the Street Thursday 3/2/17:
TNT CONFERENCE CALL WEDNESDAY 3/1/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Wednesday Hump Day. Where are we info wise? No new intel of any significance. Some of you believed that as a result of the call last night that we may go to the bank today. However, it did not happen and not on parr to what we thought. Banks are still excited which is good. Right up through last night and this morning, the concensus is that this is about to pop. We are waiting till this is finished and just waiting. On the Iraq side, I have been hearing contradictory info and trying to reconfirm residents waiting for cards to be funded, activated and on the new rate. Been hearing from our sources that the cards are funded but at the same old program rate. Last night, we heard the exact opposite and trying to reconfirm if it changed or stayed the same as far as the cards funded. We will not be around long enough to get that question asked. Things can change in hours and awaiting confirmation on that. Iraq Stock Exchange what he meant today when it opened, and if there was a new rate for bond purchases and investing. We are still awaiting on that. As far as international status, it is pretty much at that point we know it it is done and International. Q and A: Q: What will it take for us to exchange at the RI rate? Ray: I don't know, but it will happen. Q: Should I quit my job and wait for the RV? Ray: Ask your spouse that, and you will have your answer. Q: Has the Dinar revalued in Baghdad? Ray not publicly. Caller: 865: Catnip: Just wanting to know a number of banks was 45 and has that plateaued? Ray: No additional banks yet. Catnip: Any change in rates? Ray: Still status quo and some sources saying $4.00 on the dinar but could be a place holder rate. Don't know exact rates yet. Catnip Al Baghdadi what are your sources saying about him? Ray: Nothing due to a timing factor. Caller: You mentioned about banks being excited. Are your contacts expressing excitement? Ray: Yes. Caller: 501 On CBS they talked about Iraq the ban being dropped. Ray: Maybe that will help things.That is it on the Q and A. Well, It is hump day and first of March. The stock exchange is ready for the laws to kick in and make it internationally accessible. It is good for us. Still looking for a rate change and banks still excited. No targeted window and any minute something could develop. All we can do is wait. Be it today, tomorrow of next week. Info is very slow to come out and not flowing like it had been. It could be that this is finally it and the last hurrah. Maybe, we will be back this evening screaming and hollering. It looks good, and long as banks are excited that this is imminent is great. I like the info we are getting but not enough to pinpoint that this is it. We still could see it by Friday, and others are focused on Mosul that it is done now. All of the info sounds good. Just a little bit longer and the ride is coming to an end. If info comes out today, I will inform you and send it out. Lets see how things unfold in the next 24 hours. Don't be in a rush to invest or secure or exchange to slowly. Enjoy this Wednesday and Keep Believing. I do! That ladies gentleman is a wrap, and we are out of here. Rayren98
Good afternoon TNT Superfantastic Family. Today is Wednesday Hump Day. Where are we info wise? No new intel of any significance. Some of you believed that as a result of the call last night that we may go to the bank today. However, it did not happen and not on parr to what we thought. Banks are still excited which is good. Right up through last night and this morning, the concensus is that this is about to pop. We are waiting till this is finished and just waiting. On the Iraq side, I have been hearing contradictory info and trying to reconfirm residents waiting for cards to be funded, activated and on the new rate. Been hearing from our sources that the cards are funded but at the same old program rate. Last night, we heard the exact opposite and trying to reconfirm if it changed or stayed the same as far as the cards funded. We will not be around long enough to get that question asked. Things can change in hours and awaiting confirmation on that. Iraq Stock Exchange what he meant today when it opened, and if there was a new rate for bond purchases and investing. We are still awaiting on that. As far as international status, it is pretty much at that point we know it it is done and International. Q and A: Q: What will it take for us to exchange at the RI rate? Ray: I don't know, but it will happen. Q: Should I quit my job and wait for the RV? Ray: Ask your spouse that, and you will have your answer. Q: Has the Dinar revalued in Baghdad? Ray not publicly. Caller: 865: Catnip: Just wanting to know a number of banks was 45 and has that plateaued? Ray: No additional banks yet. Catnip: Any change in rates? Ray: Still status quo and some sources saying $4.00 on the dinar but could be a place holder rate. Don't know exact rates yet. Catnip Al Baghdadi what are your sources saying about him? Ray: Nothing due to a timing factor. Caller: You mentioned about banks being excited. Are your contacts expressing excitement? Ray: Yes. Caller: 501 On CBS they talked about Iraq the ban being dropped. Ray: Maybe that will help things.That is it on the Q and A. Well, It is hump day and first of March. The stock exchange is ready for the laws to kick in and make it internationally accessible. It is good for us. Still looking for a rate change and banks still excited. No targeted window and any minute something could develop. All we can do is wait. Be it today, tomorrow of next week. Info is very slow to come out and not flowing like it had been. It could be that this is finally it and the last hurrah. Maybe, we will be back this evening screaming and hollering. It looks good, and long as banks are excited that this is imminent is great. I like the info we are getting but not enough to pinpoint that this is it. We still could see it by Friday, and others are focused on Mosul that it is done now. All of the info sounds good. Just a little bit longer and the ride is coming to an end. If info comes out today, I will inform you and send it out. Lets see how things unfold in the next 24 hours. Don't be in a rush to invest or secure or exchange to slowly. Enjoy this Wednesday and Keep Believing. I do! That ladies gentleman is a wrap, and we are out of here. Rayren98
Forex Rates:
| USD/IQD | | | 1,146.9000 | 1,146.8000 | 1,146.8000 | | 07:11 |
| USD/VND | | | 22,815.0000 | 22,405.0000 | 22,405.0000 | | 07:11 |
| USD/CNY | | | 6.8903 | 6.8741 | 6.8817 | | 07:15 |
| USD/KWD | | | 0.3053 | 0.3046 | 0.3051 | | 06:45 |
| GBP/USD | | | 1.2296 | 1.2261 | 1.2291 | | 07:15 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,363.5000 | 13,347.0000 | 13,354.0000 | | 07:13 |
CNBC Link: http://www.cnbc.com/markets/
DC NY Iraq Articles:
Trump vows to wipe «Daesh» in cooperation with the Islamic world
Trump has pledged to reform the immigration system. Reuters
The US president vowed, Donald Trump, b «erase» Organization «Daesh» with the help of US allies in the Muslim world, stressing that he wants to reform the immigration system to become the basis of «efficiency» and promised at the same time the allocation of a trillion dollars of public and private investment in order to develop American infrastructure, stressing that it will work to develop new partnerships. In his first speech before Congress, the day before yesterday, Trump has vowed to wipe out the organization «Daesh».
He said «we will work with our allies, including friends and allies in the Muslim world, to erase this evil enemy of our planet».
He pointed to a review of US strategy against the terrorist organization, provided by the US Department of Defense (Pentagon) to the White House, but he did not refer to any change in course.
Trump also gave broad outlines of the reform targets immigration system, he wants to focus on attracting the most efficient of immigrants, that is associated with more stringent about illegal immigrants.
He said that this new immigration system «will allow the provision of huge sums» versus «current system, which exhausts the American taxpayers billions of dollars a year.» He pledged that begins «soon» building a wall «large» on the border with Mexico, the process, which is the promise of the most symbolic against immigration, launched during the election campaign.
In addition, the US president has promised to allocate a trillion dollars of public and private investments. «He said in order to start the reconstruction of the country, I will ask Congress to approve a law that will launch investments worth a trillion dollars in infrastructure in the United States, it will be funded thanks to the capital from the public and private sectors, which will create millions of jobs», and promised again to carry out the reform of the tax «historic» . He repeated his promises to impose taxes on foreign imports to protect American industry
A local official: 3 billion dinars a day corruption Customs yellowish
History of edits:: 2017/3/2 13:18 • 13 visits readable
{Baghdad} Euphrates News confirmed a local official in Diyala province, the large financial corruption control yellowish {} for Customs north of the province.
Said Mayor of your vacation, Uday Alkhaddran reporter Agency Ralafrat News}, that "the size of thefts in the control of Customs yellowish, estimated daily, according to the Ministry of Planning and Statistics, three billion dinars."
He added, "This amount does not include the value of imports obtained from Customs control."
Experiencing the control of yellowish after the great hand northern Diyala province alignment hundreds of trucks on the road coming and going to and from the capital, Baghdad, where bribes and grew up operations where the clearance process AlÚ¯marki per truck more than a thousand dollars in order not long remain within queues.
Overstocked trucks also leads because of corruption and poor coordination also worked on food spoilage in Ahahnat.anthy
He added, "This amount does not include the value of imports obtained from Customs control."
Experiencing the control of yellowish after the great hand northern Diyala province alignment hundreds of trucks on the road coming and going to and from the capital, Baghdad, where bribes and grew up operations where the clearance process AlÚ¯marki per truck more than a thousand dollars in order not long remain within queues.
Overstocked trucks also leads because of corruption and poor coordination also worked on food spoilage in Ahahnat.anthy
Stop Kirkuk oil exports to Turkey in search of explosive devices
History of edits:: 2017/3/2 13:06 • 25 visits readable
{Baghdad} Euphrates News sources from the Kurdish security forces and oil industry executives said that stopped pumping crude from the Kirkuk oilfields, on Thursday, after the publication of Kurdish forces in the area to search for improvised explosive devices.
A senior executive said the North Oil Company run by the federal government, which "issued an order to shut the pumping station, for security reasons, which led to the suspension of oil exports of Kirkuk to Turkey."
The executive in charge of the Kirkuk oilfields pumped about 120 thousand barrels per day in the pipeline before stopping.
The executive in charge of the Kirkuk oilfields pumped about 120 thousand barrels per day in the pipeline before stopping.
Iraq excluded from the list of the US embargo
Washington Anatolia: US officials said on Wednesday, that President Donald Trump's decision on immigration, exclude Iraq from the list of seven countries that face a temporary ban from entering the United States.
He noted four officials, opted to remain anonymous, told The Associated Press that the decision of the new US administration to lift the ban on Iraq, came after pressure from the Pentagon and State Department.
The two ministries, and urged the White House to re-consider allowing the citizens of Iraq from entering the United States, due to the role of the main Baghdad in fighting al «Islamic state» (Daesh), according to officials.
He added officials: Trump is expected to sign off on the new resolution, in the coming days, which was prepared to replace an earlier decision has been blocked by federal courts.
The officials pointed out that the other six countries (Libya, Iran, Somalia, Sudan, Syria, and Yemen) will remain listed on the banned list.
The decision prevents the former Syrian refugees specifically from entering the United States indefinitely, thus excluding «religious minorities», except that the new resolution, according to officials, will suspend entry for 120 days.
Officials explained that the decision will not include any explicit exemption for religious minorities in countries beyond the pale of the ban, after it was Trump said earlier, during a television interview that the priority in asylum in the United States, provided that Syrian requests will be for Christians of them.
Earlier yesterday the Wall Street Journal reported, that the amendments expected to manage the American President Donald Trump on how to grant entry visa to the United States, will not include permanent accommodation owners (green card), and those who have valid visas.
The newspaper pointed out, quoting sources from the US administration that the president is expected to sign the new amendments on Thursday, and that these amendments will apply to those who will be applying for a visa after the official announcement of the amendments.
The new amendments will not affect the holders of green cards and valid visas from citizens of the seven countries who were barred from entering US territory under the Executive Order issued by Trump in January 27 last.
The American President signed, in the twenty-seventh of January last, an executive order to suspend allow the refugees to enter the United States for 4 months, and prohibited from entering the country for 90 days to citizens of the seven countries.
And issued a federal court in San Francisco in California, a decision to stop implementation of the travel ban, a few days after its release
He noted four officials, opted to remain anonymous, told The Associated Press that the decision of the new US administration to lift the ban on Iraq, came after pressure from the Pentagon and State Department.
The two ministries, and urged the White House to re-consider allowing the citizens of Iraq from entering the United States, due to the role of the main Baghdad in fighting al «Islamic state» (Daesh), according to officials.
He added officials: Trump is expected to sign off on the new resolution, in the coming days, which was prepared to replace an earlier decision has been blocked by federal courts.
The officials pointed out that the other six countries (Libya, Iran, Somalia, Sudan, Syria, and Yemen) will remain listed on the banned list.
The decision prevents the former Syrian refugees specifically from entering the United States indefinitely, thus excluding «religious minorities», except that the new resolution, according to officials, will suspend entry for 120 days.
Officials explained that the decision will not include any explicit exemption for religious minorities in countries beyond the pale of the ban, after it was Trump said earlier, during a television interview that the priority in asylum in the United States, provided that Syrian requests will be for Christians of them.
Earlier yesterday the Wall Street Journal reported, that the amendments expected to manage the American President Donald Trump on how to grant entry visa to the United States, will not include permanent accommodation owners (green card), and those who have valid visas.
The newspaper pointed out, quoting sources from the US administration that the president is expected to sign the new amendments on Thursday, and that these amendments will apply to those who will be applying for a visa after the official announcement of the amendments.
The new amendments will not affect the holders of green cards and valid visas from citizens of the seven countries who were barred from entering US territory under the Executive Order issued by Trump in January 27 last.
The American President signed, in the twenty-seventh of January last, an executive order to suspend allow the refugees to enter the United States for 4 months, and prohibited from entering the country for 90 days to citizens of the seven countries.
And issued a federal court in San Francisco in California, a decision to stop implementation of the travel ban, a few days after its release
Dead and wounded hundreds .. UNAMI reveal the outcome of the number of victims in Iraq in February
Nineveh hardest hit, followed by Baghdad and Salah al-Din
The mission said in a statement, sent a copy of it to (Basenyoz), that "the number of civilian deaths in the month of February amounted to 385 people (not including members of the police), while the number of wounded civilians amounted to 609 people (not including police) . "
According to figures contained the statement, "The Nineveh province is the most affected, with the total civilian casualties amounted to 451 people (201 dead, 250 injured), followed by Baghdad, which killed 120 people dead and 300 injured, and Salahuddin in which nine people were killed and wounded 13 others ".
According to information obtained by the mission of the Health Directorate of Anbar, was among 86 people of civilian casualties (42 dead, 44 wounded). This has been updated to include statistical Anbar victims until the date of February 28 inside.
The statement quoted the Special Representative of the Secretary-General of the United Nations in Iraq, Jan Kubis "displeasure of the continuing loss of life among civilians."
The mission also said in its statement, that it "faced obstacles in check, effectively, the number of victims in the conflict zones," pointing out that "obtained reports from the Health Directorate of Anbar, may not fully reflect the real numbers of the victims in those areas, because of the increasing the fragility of the security situation on the ground and interruption of services. " UN Mission also indicated that some of the cases where you can not only check only partially from certain incidents, "For these reasons mentioned, should be considered as the figures presented here as an absolute minimum," the mission said at the end of her statement
A local official: 3 billion dinars a day corruption Customs yellowish
History of edits:: 2017/3/2 13:18 • 1 visits readable
{Baghdad} Euphrates News confirmed a local official in Diyala province, the large financial corruption control yellowish {} for Customs north of the province.
Said Mayor of your vacation, Uday Alkhaddran reporter Agency Ralafrat News}, that "the size of thefts in the control of Customs yellowish, estimated daily, according to the Ministry of Planning and Statistics, three billion dinars."
He added, "This amount does not include the value of imports obtained from Customs control."
Experiencing the control of yellowish after the great hand northern Diyala province alignment hundreds of trucks on the road coming and going to and from the capital, Baghdad, where bribes and grew up operations where the clearance process AlÚ¯marki per truck more than a thousand dollars in order not long remain within queues.
Overstocked trucks also leads because of corruption and poor coordination also worked on food spoilage in Ahahnat.anthy
He added, "This amount does not include the value of imports obtained from Customs control."
Experiencing the control of yellowish after the great hand northern Diyala province alignment hundreds of trucks on the road coming and going to and from the capital, Baghdad, where bribes and grew up operations where the clearance process AlÚ¯marki per truck more than a thousand dollars in order not long remain within queues.
Overstocked trucks also leads because of corruption and poor coordination also worked on food spoilage in Ahahnat.anthy
Kauaihn Iraq Articles:
Trap for «Islamic state» sign heavy losses in Iraqi forces
Mar 02, 2017
Mosul «Quds Al-Arabi»: faced Iraqi troops, on Wednesday, the face of fierce elements of «Islamic state», fought during the liberation battles west of Mosul, also fell victim to the trap laid by the organization in the pedal area, which forced her to withdraw. A captain in the rapid reaction forces (a subsidiary of the interior) that «forces (government) moved into the central region of the pedal fully to the disappearance of militants Daesh».
And that «the withdrawal of the organization was a trap originally», adding that «the armed groups of the organization re-emerged from the tunnel created by the former from the middle of the pedal Street, and managed to separate the forces into two halves, and then embarked on other armed groups attacked the troops from several axes» .
He disclosed that the «Iraqi forces and several appeals were made to the military high command, requesting permission to withdraw, but the latter refused after the international coalition's refusal to withdraw».
He pointed out that «forces after clashes that lasted for more than 6 hours, collapsed and were forced to withdraw towards Jawasaq adjacent to the international airport Mosul region».
The source added that «the human and material losses Iraqi forces were very serious, and that the organization is also able to drop the march of military aircraft (UAV) of the forces involved in the attack
And that «the withdrawal of the organization was a trap originally», adding that «the armed groups of the organization re-emerged from the tunnel created by the former from the middle of the pedal Street, and managed to separate the forces into two halves, and then embarked on other armed groups attacked the troops from several axes» .
He disclosed that the «Iraqi forces and several appeals were made to the military high command, requesting permission to withdraw, but the latter refused after the international coalition's refusal to withdraw».
He pointed out that «forces after clashes that lasted for more than 6 hours, collapsed and were forced to withdraw towards Jawasaq adjacent to the international airport Mosul region».
The source added that «the human and material losses Iraqi forces were very serious, and that the organization is also able to drop the march of military aircraft (UAV) of the forces involved in the attack
US general reduces the likelihood of a substantial increase in troops in Iraq and Syria
Reduce the top US commander in Iraq, Gen. Stephen Townsend, the likelihood of deployment of his country's large additional numbers of coalition forces to fight al Daesh despite the fact that the American president Donald Trump is considering his options to speed up the pace of the campaign.
Gen. Townsend said, speaking via video conference through a press statement at the US Department of Defense (Pentagon): "I do not expect that Nstkdm large numbers of coalition troops because of what we do in fact achieve success."
He continued saying, "But if we brought in additional forces Fsnrtb with our local partners here in Iraq and Syria to ensure their understanding of the reasons for doing so and to obtain their support.
Exxon Mobil» launches in collaboration with the national company three oil projects in southern Iraq
Mar 02, 2017
Basra (Reuters) - Iraqi company launched in cooperation with the company «Exxon Mobil» US oil integrated project to improve its oil production in southern Iraq.
The aim of the two Iraqi Southern Oil and »ExxonMobil» project as an investor in the «West Qurna 1» to raise the storage capacity and oil production of three major integrated projects field.
The projects are divided into the establishment of pipelines, and the creation of five flow cabinets, and a project to supply sea water to water injection from the Gulf to maintain pressure and enhance the level of oil production.
Is being set up plant for the production of oil will by the end of 2018 and began to create the station in 2016 and will begin to produce 100 thousand barrels of oil per day, total production in the «West Qurna 1» field to raise to 600 thousand barrels per day from about 450 thousand barrels at the moment.
Being as well as the establishment of two more will open one in April / April. Said Jassim Mohammed Hamid, director of major projects in the form of run «West Qurna 1» that these projects are mostly projects concerning crude oil. Improve the quality of the product crude oil projects. They will not add additional production capacity, with the exception of basic addition equal to a hundred thousand barrels. It includes part of the second project is the creation of five new tanks runoff storage capacity of each of them five thousand cubic meters and will be completed in August / August. Said Hussein al-Jabri, a chief engineer and director of the operation «West Qurna 1» in a television interview that they intend to add new reservoirs current five tanks for storing more oil.
The «This project is a five tanks. Reservoir capacity per 5000 cubic meters. Total capacity will be 25 thousand cubic meters. Of course this is a flow of tanks to accommodate part of the production of the station before pumping it on the main pipeline to the South Oil stores »The aim of these reservoirs is to help Iraq to overcome any obstruction oil production and meet the needs of the market crashes. Your third project began extended seawater in January, and his goal is to inject water from the Gulf to keep the pressure level, and enhanced oil recovery.
This project will require two years to complete the construction of water injection plant, which produces 300 thousand barrels of water per day and hopes to reach its production to 500 thousand barrels per day by the end of the year.
He said Karim Jassim, director of operations «West Qurna 1» that the operating company has succeeded in restoring much of the production wells, which are zero-flow in 2016.
The «we had a lot of production wells in the recovery of nitrogen operations or by injecting water or acid. We completed a lot of .. dug a number of wells productivity. We carried out pipes new flow complexes field according to the production plan devised investor ExxonMobil in coordination with the ministry and the South Oil Company. »Will sea water project is also used to overcome the declining production in the biggest fields such as« West Qurna »and» crazy »and» Zubair » and »Rumaila» occupied by the bitmap giants, such as «BP» and »Royal Dutch Shell» and »Eni» and »Lukoil» and others.
Oil sales account for about 95 percent of Iraq's revenues, which were badly damaged by falling prices to around $ 40 a barrel from $ 115 a barrel in 2014.
The decline in Iraq's oil production over the years because of wars and sanctions, but returned to rise in 2010 after Baghdad secured contracts with international oil companies.
Oil Ministry data showed that exports rose in November to the highest level in ten years, which is 3.37 million barrels per day, while production totaled 3.66 million barrels per day.
The aim of the two Iraqi Southern Oil and »ExxonMobil» project as an investor in the «West Qurna 1» to raise the storage capacity and oil production of three major integrated projects field.
The projects are divided into the establishment of pipelines, and the creation of five flow cabinets, and a project to supply sea water to water injection from the Gulf to maintain pressure and enhance the level of oil production.
Is being set up plant for the production of oil will by the end of 2018 and began to create the station in 2016 and will begin to produce 100 thousand barrels of oil per day, total production in the «West Qurna 1» field to raise to 600 thousand barrels per day from about 450 thousand barrels at the moment.
Being as well as the establishment of two more will open one in April / April. Said Jassim Mohammed Hamid, director of major projects in the form of run «West Qurna 1» that these projects are mostly projects concerning crude oil. Improve the quality of the product crude oil projects. They will not add additional production capacity, with the exception of basic addition equal to a hundred thousand barrels. It includes part of the second project is the creation of five new tanks runoff storage capacity of each of them five thousand cubic meters and will be completed in August / August. Said Hussein al-Jabri, a chief engineer and director of the operation «West Qurna 1» in a television interview that they intend to add new reservoirs current five tanks for storing more oil.
The «This project is a five tanks. Reservoir capacity per 5000 cubic meters. Total capacity will be 25 thousand cubic meters. Of course this is a flow of tanks to accommodate part of the production of the station before pumping it on the main pipeline to the South Oil stores »The aim of these reservoirs is to help Iraq to overcome any obstruction oil production and meet the needs of the market crashes. Your third project began extended seawater in January, and his goal is to inject water from the Gulf to keep the pressure level, and enhanced oil recovery.
This project will require two years to complete the construction of water injection plant, which produces 300 thousand barrels of water per day and hopes to reach its production to 500 thousand barrels per day by the end of the year.
He said Karim Jassim, director of operations «West Qurna 1» that the operating company has succeeded in restoring much of the production wells, which are zero-flow in 2016.
The «we had a lot of production wells in the recovery of nitrogen operations or by injecting water or acid. We completed a lot of .. dug a number of wells productivity. We carried out pipes new flow complexes field according to the production plan devised investor ExxonMobil in coordination with the ministry and the South Oil Company. »Will sea water project is also used to overcome the declining production in the biggest fields such as« West Qurna »and» crazy »and» Zubair » and »Rumaila» occupied by the bitmap giants, such as «BP» and »Royal Dutch Shell» and »Eni» and »Lukoil» and others.
Oil sales account for about 95 percent of Iraq's revenues, which were badly damaged by falling prices to around $ 40 a barrel from $ 115 a barrel in 2014.
The decline in Iraq's oil production over the years because of wars and sanctions, but returned to rise in 2010 after Baghdad secured contracts with international oil companies.
Oil Ministry data showed that exports rose in November to the highest level in ten years, which is 3.37 million barrels per day, while production totaled 3.66 million barrels per day.
Algerian Ambassador assures Ebadi parking his country with Iraq to fight terrorism
History of edits:: 2017/3/2 8:57 • 108 visits readable
{Baghdad} Euphrates News Search Prime Minister Haider al-Abadi in his office Wednesday with the Algerian ambassador to Iraq, Abdul Qadir bin man-hours, to strengthen bilateral relations between the two countries in all fields and the fight against terrorism and the victories achieved on Daesh terrorist gangs.
A statement by the Prime Minister's Office, said that "the son of man-hours ambassador conveyed the greetings and blessing of the Algerian leadership of Iraq's victories against terrorism and expressed his country's appreciation of the support by Iraq to Algeria for the positions."
He stressed that "Algeria stands with Iraq and its people in the war against terrorism, expressing his thanks for the attention of the press treatment of the Algerian Samira Mwaqa" .anth
He stressed that "Algeria stands with Iraq and its people in the war against terrorism, expressing his thanks for the attention of the press treatment of the Algerian Samira Mwaqa" .anth
Jordan's King assures infallible telephoned Arab support for Iraq in the next phase
History of edits:: 2017/3/2 8:33 • 106 visits readable
{Baghdad} Euphrates News Search President Fuad Masum, in a telephone conversation with King of Jordan Abdullah II Bin Al Hussein on Wednesday evening bilateral relations between the two countries.
The presidential statement said President infallible talked with the king of Jordan "on the developments in the war against terrorism in Iraq and the efforts put up for the next stage after the victory the expeditious for progress at various levels, stressing the importance of the next phase in the construction path, reconstruction and strengthen national unity and to move the political, economic and social paths to the good of all Iraqis. "
He stressed the infallible "Hopefully role of brotherly and friendly countries in the coordination and support these efforts."
For his part, the King of Jordan for "his country's full support for Iraq and work through the Arab summit to be held in Jordan on the unity of national support for Iraq and its Arab position in the next phase," .anthy
He stressed the infallible "Hopefully role of brotherly and friendly countries in the coordination and support these efforts."
For his part, the King of Jordan for "his country's full support for Iraq and work through the Arab summit to be held in Jordan on the unity of national support for Iraq and its Arab position in the next phase," .anthy
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This is where the ultra-wealthy want to put their cash: Knight Frank
Expectations for rising interest rates haven't dampened the appetite of the world's ultra-wealthy to scoop up property investments.
Business Insider
Use a Roth IRA to lower your taxes in retirement. It's tax time again. While taxes are the price we pay for a civilized society, there's nothing in the law that says you can't lower your own tax bill. So, at this time of year, I do get questions about taxes. Most folks are looking for ways to minimize taxes, either now or in the next tax year. So here are eight ways to minimize your personal taxes. You may find one or two that work for you. And remember you can minimize tax liability in more Read the full story
OIL / COMMODITIES / ENERGY
Oil futures gain more than 2% for the month
MarketWatch
Oil futures lost a few pennies on Tuesday as traders bet that upcoming U.S. government data will reveal a climb in domestic crude supplies for an eighth week in a row. April West Texas Intermediate crude fell 4 cents, or less than 0.1%, to settle at $54.01 a barrel. Prices based on the most active contracts rose roughly 2.3% for the month, but that was the smallest such gain since February of last year, according to FactSet data. Read the full story
Gold prices fall for the day, but post a second straight monthly gain
MarketWatch
Gold futures fell Tuesday, but prices tallied a second straight monthly gain. Uncertainty ahead of President Donald Trump's address to Congress provided some support for the metal. April gold fell $4.90, or 0.4%, to settle at $1,253.90 an ounce. Prices, which settled Monday at a three-and-a-half month high, gained roughly 3.5% for the month. Read the full story
Gold prices drop as Fed speakers raise specter of March interest rate hike
MarketWatch
Gold pulled back Wednesday as investors absorbed fresh comments from Fed officials, which have increased speculation of a March rate hike. Read the full story
OIL / COMMODITIES / ENERGY
Oil futures gain more than 2% for the month
MarketWatch
Oil futures lost a few pennies on Tuesday as traders bet that upcoming U.S. government data will reveal a climb in domestic crude supplies for an eighth week in a row. April West Texas Intermediate crude fell 4 cents, or less than 0.1%, to settle at $54.01 a barrel. Prices based on the most active contracts rose roughly 2.3% for the month, but that was the smallest such gain since February of last year, according to FactSet data. Read the full story
Gold prices fall for the day, but post a second straight monthly gain
MarketWatch
Gold futures fell Tuesday, but prices tallied a second straight monthly gain. Uncertainty ahead of President Donald Trump's address to Congress provided some support for the metal. April gold fell $4.90, or 0.4%, to settle at $1,253.90 an ounce. Prices, which settled Monday at a three-and-a-half month high, gained roughly 3.5% for the month. Read the full story
Gold prices drop as Fed speakers raise specter of March interest rate hike
MarketWatch
Gold pulled back Wednesday as investors absorbed fresh comments from Fed officials, which have increased speculation of a March rate hike. Read the full story
BANKS / BANKING
BANKS / BANKING
Larry Summers: Banks with high capital levels can still fail
Yahoo Finance
Failing banks have been blamed for turning the 2007-2009 recession into a global financial crisis. Former Federal Reserve Chairman Alan Greenspan is among these folks, and he recently proposed doing away with most regulation and just raising the capital requirements of banks. Former Treasury Secretary Larry Summers would also agree to a certain extent. Read the full story
Only two Fed regional banks wanted to raise discount rate ahead of February meeting
MarketWatch
Only two of the Fed’s 12 regional reserve banks wanted to raise the interest rate on discount window loans ahead of the Jan. 31-Feb. 1 meeting, according to minutes released Tuesday. Read the full story
Will Trump build a wall protecting US banks from global rules?
the guardian
Attacks on the Federal Reserve raise alarm bells – it could be forced to halt worldwide cooperation on banking regulation Read the full story
China central bank injects $60.2 billion of liquidity in Feb, down sharply from Jan
Metro US
BEIJING (Reuters) - China's central bank injected 413.85 billion yuan ($60.2 billion) via short- and medium-term liquidity tools in February, down 35 percent from the previous month, signaling a bid to rein in rapid credit growth. That followed a 26 percent drop in January from December. Under its new "prudent and neutral" policy, the People's Bank of China (PBOC) has adopted a modest tightening bias in a bid to cool explosive growth in debt, though it is treading cautiously to avoid hurting Read the full story
Asia mostly higher as traders digest Trump's address to US Congress
Asia markets traded higher following U.S. losses as investors digest a speech from President Donald Trump.
Read more: http://www.cnbc.com/id/
Hedge funds continue to book bullish bets on oil despite lacklustre movement
International Business Times, UK Edition
Oil appears to be stuck in the low-to-mid-$50 range but money managers continue to place bets to the upside. Read the full story
Why mutual funds could be on their way to another lousy year
CNBC
Conditions are ripe this year for mutual fund managers to outperform after years of lagging. Even a near-perfect environment may not be enough. Read the full story
FTSE 100 rallies towards record high on Trump-trade but pound sinks to six-week low as Brexit concerns resurface
The Telegraph
Pound falls to almost six-week low as Brexit fears resurface FTSE 100 rallies towards record high after Trump's address to Congress Trump offers few policy details, surprises and less protectionism Fed officials jolt mraket wwith talk of pending rate hike UK factory growth slows in February Read the full story
Asia mostly higher as traders digest Trump's address to US Congress
Asia markets traded higher following U.S. losses as investors digest a speech from President Donald Trump.
Read more: http://www.cnbc.com/id/
Hedge funds continue to book bullish bets on oil despite lacklustre movement
International Business Times, UK Edition
Oil appears to be stuck in the low-to-mid-$50 range but money managers continue to place bets to the upside. Read the full story
Why mutual funds could be on their way to another lousy year
CNBC
Conditions are ripe this year for mutual fund managers to outperform after years of lagging. Even a near-perfect environment may not be enough. Read the full story
FTSE 100 rallies towards record high on Trump-trade but pound sinks to six-week low as Brexit concerns resurface
The Telegraph
Pound falls to almost six-week low as Brexit fears resurface FTSE 100 rallies towards record high after Trump's address to Congress Trump offers few policy details, surprises and less protectionism Fed officials jolt mraket wwith talk of pending rate hike UK factory growth slows in February Read the full story
CURRENCIES
Dollar up sharply as market wakes up to possibility of Fed rate hike in March
MarketWatch
Hawkish comments from U.S. Federal Reserve officials have increased the likelihood of a March rate increase, sending the dollar, sovereign-debt yields and Japanese stocks higher amid U.S. President Donald Trump’s speech to Congress. Read the full story
Pound to Canadian dollar exchange rate: Sterling SOARS against CAD as oil prices fall
Express
THE POUND has recovered and is now on an upward trend against the Canadian dollar. Last week, the sterling to Canadian dollar exchange rate was climbing steadily. By Friday it hit a new two-week high of 1.646. However, the exchange rate took a slump following the publication of Canada’s CPI. Read the full story
Australian Dollar Rises Amid Rising Risk Appetite
RTTNews
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as investors await details on U.S. President Donald Trump's promised tax cuts, infrastructure spending plans, and repeal of Obamacare as Trump kicked off his first address to the U.S. Congress. Read the full story
Rupee weakens against US dollar on Asian cues
Livemint
Mumbai: The Indian rupee on Wednesday weakened against the US dollar, tracking the losses in the Asian currencies markets. Read the full story
Can Philippines Peso Survive U.S. Rate Hikes?
Barron's
Asia Stocks to Watch A customer counts Philippines peso notes after trading his US dollars for Philippine pesos in Manila on September 8, 2015. The Philippine peso weakened to its lowest level in five years on September 8, with investors jittery over a looming interest rate increase in the United States, dealers said. AFP PHOTO / Jay DIRECTO (Photo credit should read JAY DIRECTO/AFP/Getty Images) The Philippine peso is singularly weak this year. The peso has fallen 1.6% so far, whereas Read the full story
CURRENCIES
Dollar up sharply as market wakes up to possibility of Fed rate hike in March
MarketWatch
Hawkish comments from U.S. Federal Reserve officials have increased the likelihood of a March rate increase, sending the dollar, sovereign-debt yields and Japanese stocks higher amid U.S. President Donald Trump’s speech to Congress. Read the full story
Pound to Canadian dollar exchange rate: Sterling SOARS against CAD as oil prices fall
Express
THE POUND has recovered and is now on an upward trend against the Canadian dollar. Last week, the sterling to Canadian dollar exchange rate was climbing steadily. By Friday it hit a new two-week high of 1.646. However, the exchange rate took a slump following the publication of Canada’s CPI. Read the full story
Australian Dollar Rises Amid Rising Risk Appetite
RTTNews
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as investors await details on U.S. President Donald Trump's promised tax cuts, infrastructure spending plans, and repeal of Obamacare as Trump kicked off his first address to the U.S. Congress. Read the full story
Rupee weakens against US dollar on Asian cues
Livemint
Mumbai: The Indian rupee on Wednesday weakened against the US dollar, tracking the losses in the Asian currencies markets. Read the full story
Can Philippines Peso Survive U.S. Rate Hikes?
Barron's
Asia Stocks to Watch A customer counts Philippines peso notes after trading his US dollars for Philippine pesos in Manila on September 8, 2015. The Philippine peso weakened to its lowest level in five years on September 8, with investors jittery over a looming interest rate increase in the United States, dealers said. AFP PHOTO / Jay DIRECTO (Photo credit should read JAY DIRECTO/AFP/Getty Images) The Philippine peso is singularly weak this year. The peso has fallen 1.6% so far, whereas Read the full story
USA
Inflation highest since 2012, PCE shows
MarketWatch
The higher cost of goods such as gasoline pushed U.S. inflation in January to the highest level since 2012, offsetting rising household incomes and raising the odds of an increase in interest rates soon. Read the full story
Jamie Dimon has a simple explanation for anemic U.S. economic growth
MarketWatch
The longtime chief of J.P. Morgan Chase Jamie Dimon has a clear view of what’s been holding back the U.S. economy over the past seven years, which has been chugging along, but at the weakest rate since 1949. Read the full story
USA
Inflation highest since 2012, PCE shows
MarketWatch
The higher cost of goods such as gasoline pushed U.S. inflation in January to the highest level since 2012, offsetting rising household incomes and raising the odds of an increase in interest rates soon. Read the full story
Jamie Dimon has a simple explanation for anemic U.S. economic growth
MarketWatch
The longtime chief of J.P. Morgan Chase Jamie Dimon has a clear view of what’s been holding back the U.S. economy over the past seven years, which has been chugging along, but at the weakest rate since 1949. Read the full story
US personal income rose 0.4% in Jan vs 0.3% increase expected
U.S. consumer spending rose less than expected in January as the largest monthly increase in inflation in four years eroded households' purchasing power, pointing to moderate economic growth in the first quarter.
EMERGING MARKETS
Mexico says will not accept tariffs or quotas in U.S. trade talks
Metro US
MEXICO CITY (Reuters) - Mexico will not accept tariffs or quotas when renegotiating the North American Free Trade Agreement with the United States, the foreign minister said on Tuesday, the latest challenge to U.S. President Donald Trump's proposals to erect trade barriers. Trump says NAFTA is a bad deal for the United States and wants it renegotiated, or torn up. Talks are expected to start later this year. "The free trade agreement should be a free trade agreement," Foreign Minister Luis Read the full story
Venezuela: Pdvsa Default Risk Real, Outlook Negative, S&P Says
Barron's
Emerging Markets Daily S&P Global warned late Tuesday that Venezuela's default risk is real in 2017, but it affirmed its non-investment grade CCC foreign and local-currency sovereign credit rating with a negative outlook. CCC is considered a speculative category of debt, while CCC minus would indicate imminent default. Venezuela bonds produced handsome returns last year as default was averted, and the government shrugged off criticism for a late payment in November. The latest data show Read the full story
MIDDLE EAST
OPEC compliance with oil curbs rises to 94 percent in February: Reuters survey
Reuters
OPEC has cut its oil output for a second month in February, a Reuters survey found on Tuesday, allowing the exporter group to boost already strong compliance with agreed supply curbs on the back of a steep reduction by Saudi Arabia. Read the full story
Investors anxiety to affect UAE bourses’ liquidity
Mubasher
By: Mahmoud Gamal Abu Dhabi – Mubasher: The UAE stock markets are still weighed by investors’ anxiety following the announcement of postponing stimulus plans for the telecom sector, in addition to the negative impact of Arabtec Holding’s … Read the full story
Gulf bourses likely to continue sideways-to-bullish trend
Mubasher
By: Mahmoud Gamal Mubasher: The Gulf stock markets are expected to maintain their sideways-to-bullish performance on Wednesday, in line with the gains global markets achieved in February. Traders have focused again on small- and mid-cap stocks, … Read the full story
EMERGING MARKETS
Mexico says will not accept tariffs or quotas in U.S. trade talks
Metro US
MEXICO CITY (Reuters) - Mexico will not accept tariffs or quotas when renegotiating the North American Free Trade Agreement with the United States, the foreign minister said on Tuesday, the latest challenge to U.S. President Donald Trump's proposals to erect trade barriers. Trump says NAFTA is a bad deal for the United States and wants it renegotiated, or torn up. Talks are expected to start later this year. "The free trade agreement should be a free trade agreement," Foreign Minister Luis Read the full story
Venezuela: Pdvsa Default Risk Real, Outlook Negative, S&P Says
Barron's
Emerging Markets Daily S&P Global warned late Tuesday that Venezuela's default risk is real in 2017, but it affirmed its non-investment grade CCC foreign and local-currency sovereign credit rating with a negative outlook. CCC is considered a speculative category of debt, while CCC minus would indicate imminent default. Venezuela bonds produced handsome returns last year as default was averted, and the government shrugged off criticism for a late payment in November. The latest data show Read the full story
MIDDLE EAST
OPEC compliance with oil curbs rises to 94 percent in February: Reuters survey
Reuters
OPEC has cut its oil output for a second month in February, a Reuters survey found on Tuesday, allowing the exporter group to boost already strong compliance with agreed supply curbs on the back of a steep reduction by Saudi Arabia. Read the full story
Investors anxiety to affect UAE bourses’ liquidity
Mubasher
By: Mahmoud Gamal Abu Dhabi – Mubasher: The UAE stock markets are still weighed by investors’ anxiety following the announcement of postponing stimulus plans for the telecom sector, in addition to the negative impact of Arabtec Holding’s … Read the full story
Gulf bourses likely to continue sideways-to-bullish trend
Mubasher
By: Mahmoud Gamal Mubasher: The Gulf stock markets are expected to maintain their sideways-to-bullish performance on Wednesday, in line with the gains global markets achieved in February. Traders have focused again on small- and mid-cap stocks, … Read the full story
AFRICA
East Africa: Uganda, Kenya Send Officials to China for Railway Money
AllAfrica
(Photo: focac/China Daily) Kampala Uganda's Finance minister Matia Kasaija and his Kenyan counterpart are yet to get confirmation of the specific dates for further negotiations and possible financial closure from China's ministry of Commerce which supervises EXIM Bank, the prospective financier of the Standard Gauge Railway (SGR), Daily Monitor has learnt. Technocrats from ministries of Finance and Works as well as the SGR project led by Mr Kasaija had been scheduled to travel earlier-on for the Read the full story
Uganda: Be Optimistic but Prepare for Worst Economy in 2017
AllAfrica
(Photo: Faiswal Kasirye/Daily Monitor) Last year, 2016 was a very difficult year for businesses in Uganda. The economy faced numerous challenges. Some of these challenges included the slowdown in economic activity during the 2016 general elections, the high interest rates that negatively affected private sector credit growth, spillover effects from the conflict in South Sudan, one of Uganda's most important export markets, and so on. Because of these numerous challenges, our export earning, Read the full story
Africa: Private Investors From China Expanding African Beachhead
AllAfrica
(Photo: Wikimedia) Unlike two decades ago, when Africa was dominated by Western investors - perhaps due to the ties forged in colonial times - today many Asian countries, led by China, have muscled their way into the continent and are thriving. In many parts of Africa, the wide range of up-and-coming Chinese businesses, from manufacturers of food products, textiles and shoes to restaurants, tour firms, wholesale and retail centers, have become an everyday sight. According to the World Bank, by Read the full story
East Africa: Mango Farmers Find Market in Kenya's Chinese Community
AllAfrica
It was good news to more than 500 Kenyan farmers who sold 24,000 mangoes in a record two hours directly to the Chinese community in Nairobi. In a show of solidarity on Saturday, the buyers came in droves to purchase the mangoes, which had been packed in boxes and transported from Muthetheni, Machakos County, about two hours from downtown Nairobi. The fete organized by the Kenya National Chamber of Commerce and Industry (KNCCI) and Kenya Chinese Chamber of Commerce (KCCC), saw the farmers sell a Read the full story
AFRICA
East Africa: Uganda, Kenya Send Officials to China for Railway Money
AllAfrica
(Photo: focac/China Daily) Kampala Uganda's Finance minister Matia Kasaija and his Kenyan counterpart are yet to get confirmation of the specific dates for further negotiations and possible financial closure from China's ministry of Commerce which supervises EXIM Bank, the prospective financier of the Standard Gauge Railway (SGR), Daily Monitor has learnt. Technocrats from ministries of Finance and Works as well as the SGR project led by Mr Kasaija had been scheduled to travel earlier-on for the Read the full story
Uganda: Be Optimistic but Prepare for Worst Economy in 2017
AllAfrica
(Photo: Faiswal Kasirye/Daily Monitor) Last year, 2016 was a very difficult year for businesses in Uganda. The economy faced numerous challenges. Some of these challenges included the slowdown in economic activity during the 2016 general elections, the high interest rates that negatively affected private sector credit growth, spillover effects from the conflict in South Sudan, one of Uganda's most important export markets, and so on. Because of these numerous challenges, our export earning, Read the full story
Africa: Private Investors From China Expanding African Beachhead
AllAfrica
(Photo: Wikimedia) Unlike two decades ago, when Africa was dominated by Western investors - perhaps due to the ties forged in colonial times - today many Asian countries, led by China, have muscled their way into the continent and are thriving. In many parts of Africa, the wide range of up-and-coming Chinese businesses, from manufacturers of food products, textiles and shoes to restaurants, tour firms, wholesale and retail centers, have become an everyday sight. According to the World Bank, by Read the full story
East Africa: Mango Farmers Find Market in Kenya's Chinese Community
AllAfrica
It was good news to more than 500 Kenyan farmers who sold 24,000 mangoes in a record two hours directly to the Chinese community in Nairobi. In a show of solidarity on Saturday, the buyers came in droves to purchase the mangoes, which had been packed in boxes and transported from Muthetheni, Machakos County, about two hours from downtown Nairobi. The fete organized by the Kenya National Chamber of Commerce and Industry (KNCCI) and Kenya Chinese Chamber of Commerce (KCCC), saw the farmers sell a Read the full story
ASIA
China February factory growth beats expectations as global demand improves
Reuters
China's factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of a surge in trade protectionism. Read the full story
Bouncing back from demonetisation, India chasing V-shaped recovery
Livemint
Mumbai: India’s surprising economic strength last quarter will only renew debate over how much its unprecedented demonetisation has curtailed growth and how quickly activity will bounce back. Read the full story
ASIA
China February factory growth beats expectations as global demand improves
Reuters
China's factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of a surge in trade protectionism. Read the full story
Bouncing back from demonetisation, India chasing V-shaped recovery
Livemint
Mumbai: India’s surprising economic strength last quarter will only renew debate over how much its unprecedented demonetisation has curtailed growth and how quickly activity will bounce back. Read the full story
EUROPE
Deutsche Boerse prepared for future as independent company: CEO
"It is pointless to me to speculate on what the reasons behind our merger partner's decision were."
Read more: http://www.cnbc.com/id/
Welcome or not, ECB buying crushes German two-year bond yields
Reuters
Germany's record low short-term borrowing costs have further to fall as the ECB, faced with a scarcity of eligible bonds for its monetary stimulus program, takes advantage of recent rule tweaks to buy more shorter-dated paper. Read the full story
Euro zone factory activity touches six-year high on weaker euro: PMI
Reuters
The upturn in euro zone factory activity accelerated in February to the fastest rate in nearly six years, according to a business survey on Wednesday that also showed a weaker euro boosted demand for exports. Read the full story
EUROPE
Deutsche Boerse prepared for future as independent company: CEO
"It is pointless to me to speculate on what the reasons behind our merger partner's decision were."
Read more: http://www.cnbc.com/id/
Welcome or not, ECB buying crushes German two-year bond yields
Reuters
Germany's record low short-term borrowing costs have further to fall as the ECB, faced with a scarcity of eligible bonds for its monetary stimulus program, takes advantage of recent rule tweaks to buy more shorter-dated paper. Read the full story
Euro zone factory activity touches six-year high on weaker euro: PMI
Reuters
The upturn in euro zone factory activity accelerated in February to the fastest rate in nearly six years, according to a business survey on Wednesday that also showed a weaker euro boosted demand for exports. Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Thursday, March 2,2017 did not update on the indicative rates and the last date shown is 01/04/2017.
The currency auction is 162,486,086
There are no news and announcements for Thursday, March 2, 2017
ISX Update:
Value Traded
1,306,143,704
Shares Traded
1,351,737,172
ISX ended in Red
Kauaihn Chatter:
3-2-2017 Intel/Newshound Guru Holly1 Quote: "Haitham Alaffas The central bank works to support the Iraqi dinar and reliable sources suggest the landing of the dollar to 122 in the next week" [what does 'landing of the dollar to 122 in the next week' mean?] IMO.. THE DOLLAR 122...NEXT WEEK GO DOWN...IN MY WAY OF THINKING...AND I DONT THINK LIKE A IRAQI...I WOULD THINK THAT IS WHAT HE IS SAYING ...IMO. FINGERS CROSSED...
3-2-2017 Intel/Newshound Guru Backdoc [Would IQD be the strongest currency in the world if it weren't pegged to our dollar?] UNFORTUNATELY, VALUE GLOBALLY IS DETERMINED BY THE DOLLAR, THEREFORE YOU CAN'T KNOW WHAT ANYTHING IS WORTH WITH OUT THE REFERENCE TO THE DOLLAR. SINCE WE AREN'T ON THE GOLD STANDARD THE DOLLAR IS THE REFERENCE OF VALUE FOR EVERYTHING. THIS IS WHY WHEN OTHER COUNTRIES WANT TO OFFICIALLY LAUNCH THEIR ASSET-BACKED CURRENCY THERE NEEDS TO BE THE NEW DOLLAR PUBLICLY TO DETERMINE WHAT THEIR VALUE IS. THE GOLD STANDARD WAS GIVEN UP LONG AGO FOR THE DOLLAR. THE DOLLAR DETERMINES VALUE GLOBALLY NOW! IMO.
3-2-2017 Intel/Newshound Guru Backdoc [Would IQD be the strongest currency in the world if it weren't pegged to our dollar?] UNFORTUNATELY, VALUE GLOBALLY IS DETERMINED BY THE DOLLAR, THEREFORE YOU CAN'T KNOW WHAT ANYTHING IS WORTH WITH OUT THE REFERENCE TO THE DOLLAR. SINCE WE AREN'T ON THE GOLD STANDARD THE DOLLAR IS THE REFERENCE OF VALUE FOR EVERYTHING. THIS IS WHY WHEN OTHER COUNTRIES WANT TO OFFICIALLY LAUNCH THEIR ASSET-BACKED CURRENCY THERE NEEDS TO BE THE NEW DOLLAR PUBLICLY TO DETERMINE WHAT THEIR VALUE IS. THE GOLD STANDARD WAS GIVEN UP LONG AGO FOR THE DOLLAR. THE DOLLAR DETERMINES VALUE GLOBALLY NOW! IMO.
3-1-2017 Newshound Guru Adam Montana I'm re-releasing my thoughts on the RATE. That will come tomorrow, and HINT! I am sticking to my older number, but there's a chance I'll be able to bump it up and be confident about it. No promises on anything more than my original rate though! [Since there are so many thousand investors (I am one) that are breathlessly waiting for the RV. What benefit is it to Iraq to pay out many millions upon millions of dollars to all of us? How can they possibly have enough U.S. dollars on hand for all those who are waiting for the RV?] Wow... I just spent most of the morning (4AM! I couldn't sleep) writing about this exact thing! Watch for my "RATE" post coming later this week. I cover exactly that.
3-1-2017 Intel Guru RayRen98 ...we have been hearing contradictory information, so I’m trying to confirm stuff because things can change in a minute. My last tidbit was that people were waiting for cards to be funded and activated on the new rate. Citizens are reporting that cards are funded, but at the same old program rate. Then last night, I heard something indicating the exact opposite, so we are trying to confirm which is true: old rate or new rate on the cards. The Iraq Stock Exchange opened today, and there were lots of rumors about what that means, whether a new rate is attached for bond purchases and stock purchases. As far as international status is concerned, there is no doubt the dinar is international... The laws are kicking in for the growth of the country and that is good for us. We are still waiting for the rate change. I like the information, although nothing really definitive to say this is the week. The main news we were focused on is Mosul, and they say that the city has been liberated, and ISIL is on the run. It all sounds good, and it all says to me “just a little bit longer; this ride is coming to an end”.
3-1-2017 Intel/Newshound Guru tman23 Iraq has been operating for years with a parallel rate...which is 2 rates...So much as the IMF told them back early 2016 to get off it... Now we are seeing that unfold as all banks in Iraq are connected to the CBI and in unison with exchange rate... YET we have not seen the CBI update the DATE on their website for indicative rates... Indicative--expressing simple statement of a fact. And with that thought, one can make the assumption that possibly the fact is the rate is no longer what the CBI has published on their site...therefore they have not updated the date...
3-1-2017 Intel/Newshound Guru tman23 Iraq has been operating for years with a parallel rate...which is 2 rates...So much as the IMF told them back early 2016 to get off it... Now we are seeing that unfold as all banks in Iraq are connected to the CBI and in unison with exchange rate... YET we have not seen the CBI update the DATE on their website for indicative rates... Indicative--expressing simple statement of a fact. And with that thought, one can make the assumption that possibly the fact is the rate is no longer what the CBI has published on their site...therefore they have not updated the date...
3-1-2017 Intel/Newshound Guru Backdoc ...IRAQ TOLD US THAT THE UST WAS IN THEIR COUNTRY ON FEB. THE 8 th, AND THEY WERE HOOKING UP THE DIGITAL DINAR TO THE DIGITAL DOLLAR. WE, IN ADDITION, HAVE WORD FROM THE SWIFT THAT THEY ARE NOW READY TO GO WITH 60 COUNTRIES. COMPLETION CAN OCCUR ANY TIME NOW. AND LIKE FRANK [GURU FRANK26] HAS SAID...TIME IS UP. WELL ALMOST AT LEAST. I THINK WE ALL WANT TO SEE MORE PUBLICLY ON THAT DIGITAL DOLLAR BUT IT MAY BE HIDDEN UNTIL LAUNCH. I THINK THE EVENTS OF MARCH WILL BEGIN TO UNFOLD AND MAYBE JUST MAYBE THE SHIA BROTHERS [IRAQ & IRAN] WILL FINISH THE RACE TOGETHER OR VERY CLOSE TO EACH OTHER. WE WILL SEE. THIS WILL SIMPLY BE AN EVENTFUL MONTH. HANG ON TO YOUR HATS, SEATS, AND TICKETS. IM ALL IN...IMO.
3-1-2017 Newshound Guru mike Article quote: "US President Donald Trump displayed after assuming the presidency of the United States, a project he called "the reconstruction of Iraq for oil" to the US House of Representatives." ...her comments alone add validity to the plan, if it wasn't real, she wouldn't squeal. Pass the laws, keep making progress on the MCP and get the dinar in Article VIII so they can finally begin the process of adding value.
3-1-2017 Intel Guru Bruce They have a new rate which is on their Qi cards/debit cards. Yesterday they started to pay not only the back pay at new rates, but also started paying a lot of other people in situations in Iraq upward of $4.25 and maybe somewhere close to $5. That would be a great international rate of the Iraqi dinar. Also we have heard that the testing that was done yesterday on the Iraqi stock exchange ISX. No problems, smooth sailing. We understand as result of the positive testing, that Iraq is to open their stock exchange, ISX, Wednesday morning at 9am Baghdad time. We understand that could be significant as far the timing of what it is we are looking for. Iraq has the rate. We are looking for the rate change to occur on the CBI web site pretty soon. [post 2 of 2]
3-1-2017 Intel Guru Bruce Mosul...has been liberated...they have had major success in that. Saturday Iraq began to offer brand new Iraqi sovereign bonds...for sale. ...notice it was a sovereign bond offering. That means Iraq has their sovereignty back. It was offered internationally so they have an international known rate available for their Iraqi dinar and it is priced into their bond offering. That is big news...most significant news to prove Iraq was back doing business internationally. What has been happening in Iraq? We know...the Reconciliation Act was to pass Sunday or Monday. This was something that had to be signed off by the IMF, UN, the United States government...That has been handled. That doesn’t totally affect us on the timing of the RV, but a good thing to know. Also that occurred on Sunday was the Amnesty law...It has finally passed as well. [post 1 of 2....stay tuned]
3-1-2017 Newshound Guru Kaperoni Article: "Consultant Abadi: Cancel the foreign exchange control department of the Central Bank of the need for the new system" Quotes: "...a "need" a new political system based on a market economy..." "...in the democratic systems that rely policy of market economy, it gives freedom of movement of money..." I believe Saleh is calling for the transition to a market economy. This would then end the daily auctions as the CBI would move to IMF Article VIII, get off the peg and float the dinar.
3-1-2017 Newshound Guru mike Article quote: "US President Donald Trump displayed after assuming the presidency of the United States, a project he called "the reconstruction of Iraq for oil" to the US House of Representatives." ...her comments alone add validity to the plan, if it wasn't real, she wouldn't squeal. Pass the laws, keep making progress on the MCP and get the dinar in Article VIII so they can finally begin the process of adding value.
3-1-2017 Intel Guru Bruce They have a new rate which is on their Qi cards/debit cards. Yesterday they started to pay not only the back pay at new rates, but also started paying a lot of other people in situations in Iraq upward of $4.25 and maybe somewhere close to $5. That would be a great international rate of the Iraqi dinar. Also we have heard that the testing that was done yesterday on the Iraqi stock exchange ISX. No problems, smooth sailing. We understand as result of the positive testing, that Iraq is to open their stock exchange, ISX, Wednesday morning at 9am Baghdad time. We understand that could be significant as far the timing of what it is we are looking for. Iraq has the rate. We are looking for the rate change to occur on the CBI web site pretty soon. [post 2 of 2]
3-1-2017 Intel Guru Bruce Mosul...has been liberated...they have had major success in that. Saturday Iraq began to offer brand new Iraqi sovereign bonds...for sale. ...notice it was a sovereign bond offering. That means Iraq has their sovereignty back. It was offered internationally so they have an international known rate available for their Iraqi dinar and it is priced into their bond offering. That is big news...most significant news to prove Iraq was back doing business internationally. What has been happening in Iraq? We know...the Reconciliation Act was to pass Sunday or Monday. This was something that had to be signed off by the IMF, UN, the United States government...That has been handled. That doesn’t totally affect us on the timing of the RV, but a good thing to know. Also that occurred on Sunday was the Amnesty law...It has finally passed as well. [post 1 of 2....stay tuned]
3-1-2017 Newshound Guru Kaperoni Article: "Consultant Abadi: Cancel the foreign exchange control department of the Central Bank of the need for the new system" Quotes: "...a "need" a new political system based on a market economy..." "...in the democratic systems that rely policy of market economy, it gives freedom of movement of money..." I believe Saleh is calling for the transition to a market economy. This would then end the daily auctions as the CBI would move to IMF Article VIII, get off the peg and float the dinar.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider al-Abadi Receives Algerian Ambassador in Iraq
Mr. Prime Minister, Dr. Haider al-Abadi met in his office on Wednesday, the Algerian ambassador to Iraq, Mr. Abdul Qadir bin man-hours.
During the meeting, they discussed strengthening bilateral relations between the two countries in all fields and the fight against terrorism and the victories achieved on Daesh terrorist gangs.
Mr. bin man-hours and conveyed the greetings and blessing of the Algerian leadership of Iraq's victories against terrorism and expressed his country's appreciation for the supportive positions by Iraq to Algeria.
He stressed that Algeria stands with Iraq and its people in the war against terrorism, expressing his thanks for the attention of Algerian journalist Samira Mwaqa treatment.
Information Office of the Prime Minister
March 1, 2017
During the meeting, they discussed strengthening bilateral relations between the two countries in all fields and the fight against terrorism and the victories achieved on Daesh terrorist gangs.
Mr. bin man-hours and conveyed the greetings and blessing of the Algerian leadership of Iraq's victories against terrorism and expressed his country's appreciation for the supportive positions by Iraq to Algeria.
He stressed that Algeria stands with Iraq and its people in the war against terrorism, expressing his thanks for the attention of Algerian journalist Samira Mwaqa treatment.
Information Office of the Prime Minister
March 1, 2017
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ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider al-Abadi receives Minister of Transport and Infrastructure of South Korea
Mr. Prime Minister, Dr. Haider al-Abadi, received in his office today, Minister of Transport and Infrastructure of South Korea Mr. Huyen Kang and his accompanying delegation.
During the meeting, they discussed strengthening bilateral relations between the two countries in the transport and training of human resources, energy and infrastructure areas.
The minister expressed his country's readiness to support Iraq in the development processes after Daesh his country because of its experience in this area in addition to the support of the rest of the fields, stressing that the Government of Iraq has a strong will for reconstruction and construction, as is the will to fight terrorism.
Information Office of the Prime Minister
March 1, 2017
During the meeting, they discussed strengthening bilateral relations between the two countries in the transport and training of human resources, energy and infrastructure areas.
The minister expressed his country's readiness to support Iraq in the development processes after Daesh his country because of its experience in this area in addition to the support of the rest of the fields, stressing that the Government of Iraq has a strong will for reconstruction and construction, as is the will to fight terrorism.
Information Office of the Prime Minister
March 1, 2017
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ARTICLE 2
Infallible and Hakim discuss the electoral law and the developments of edits
2017/3/2 8:27
[Where - Baghdad]
Discuss President Fuad Masum, on Wednesday, with the head of the National Alliance, Ammar al-Hakim, the election bill and the developments of military operations to liberate the cities of Daesh.
Discuss President Fuad Masum, on Wednesday, with the head of the National Alliance, Ammar al-Hakim, the election bill and the developments of military operations to liberate the cities of Daesh.
A statement by the Presidency of the Republic received by all of Iraq [where] a copy of the infallible met Wednesday night in Baghdad, al-Hakim "During the meeting, various political aspects and developments of our troops fighting heroine and victories against terrorism eat."
He said the "meeting included a thorough discussion on the draft election law submitted by the Presidency of the Council of Representatives."
He said the "meeting included a thorough discussion on the draft election law submitted by the Presidency of the Council of Representatives."
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ARTICLE 3
Iraq gets a grant of 10 million euros to support the information programs against extremism
2017/3/2 13:29
[Oan- Baghdad]
Iraq and the European Union signed a new financial agreement to finance the restoration of stability in the liberated areas of European grant of about 10 million euros to support media programs and support educational programs to combat extremism and promote a culture of moderation and extremism away on operations.
Iraq and the European Union signed a new financial agreement to finance the restoration of stability in the liberated areas of European grant of about 10 million euros to support media programs and support educational programs to combat extremism and promote a culture of moderation and extremism away on operations.
A statement by the Ministry of Planning Agency has received all of Iraq [where] a copy of it, that "the agreement was signed by the Iraqi side and the Minister of Planning, Salman al-Jumaili, while it was signed for the European Union Head of Cooperation Section in the Middle East and Central Asia Geoff Bean Kokhman in the presence of Union ambassador in Baghdad, Patrick Simonet ".
He explained Jumaili during a joint press conference after the signing of the agreement. "This agreement signed with the European Union, which includes a grant worth 10 million euros, to support media programs and support educational programs to combat extremism and promote a culture of moderation and avoid extremism."
And between, that "there are multiple programs with the European Union have been implemented over the past years, as well as other agreements signed last year to develop and build local capacity in several areas Kalhokmh, education and energy."
He praised the Minister of Planning, "the European Union's efforts on this cooperation and continued support," and urged "continued support from the European Union, as well as from the international community in the post-liberation, especially that Iraq is today fighting a war to fight Daesh which fought on behalf of the international community."
He continued by saying "the challenge of terrorism today is not locally challenge, but a challenge to all the world, and when Iraq responded to the task he is looking forward to the support of the international community to assist in the reconstruction and also to adopt the programs, whether developmental or educational or informative for the fight against extremism and eliminate the thought Daesh once and for all." .
For his part, representative of the European Union and the President of the Cooperation Department in the Middle East and Central Asia must be Fall Kokhman "We signed today with the Ministry of Planning and agreement by 10 million euros in order to renounce sectarian violence as something very important in the region, noting that the sectarian violence and religious instruction is possible to affect influence great and that will affect the two things, and of the role of the media and you are part of this thing to stand against sectarian violence and also how to exploit the people in this matter and employ the media to achieve this goal, and the second thing is to bring together members of the community and work with each other against sectarian violence. "
He added that "there are points that could have played this role in the re-reunion of members of the community and of the government or religious institutions and communities."
He explained that "the European Union happy to sign this agreement with Iraq, but this agreement is a small part of our mission in Iraq, as we look to the future together."
And confirmed the readiness of the European Foreign Service and the European institutions and the Department of Cooperation and Humanitarian Aid department to work with others in order to raise efforts in Iraq, "noting that" the European Union aware of the circumstances that Iraq is going through, which was different from what it was in the past. "
He said the EU official that "Iraq faces a crisis is a crisis lower oil prices and the presence of Daesh and also an operations post-liberation in Mosul," noting that "we are here in Iraq to discuss how to help and raising efforts for the future as the cooperation between us back a long way and can Iraq rely on Union European in his support also for the future. "
He explained Jumaili during a joint press conference after the signing of the agreement. "This agreement signed with the European Union, which includes a grant worth 10 million euros, to support media programs and support educational programs to combat extremism and promote a culture of moderation and avoid extremism."
And between, that "there are multiple programs with the European Union have been implemented over the past years, as well as other agreements signed last year to develop and build local capacity in several areas Kalhokmh, education and energy."
He praised the Minister of Planning, "the European Union's efforts on this cooperation and continued support," and urged "continued support from the European Union, as well as from the international community in the post-liberation, especially that Iraq is today fighting a war to fight Daesh which fought on behalf of the international community."
He continued by saying "the challenge of terrorism today is not locally challenge, but a challenge to all the world, and when Iraq responded to the task he is looking forward to the support of the international community to assist in the reconstruction and also to adopt the programs, whether developmental or educational or informative for the fight against extremism and eliminate the thought Daesh once and for all." .
For his part, representative of the European Union and the President of the Cooperation Department in the Middle East and Central Asia must be Fall Kokhman "We signed today with the Ministry of Planning and agreement by 10 million euros in order to renounce sectarian violence as something very important in the region, noting that the sectarian violence and religious instruction is possible to affect influence great and that will affect the two things, and of the role of the media and you are part of this thing to stand against sectarian violence and also how to exploit the people in this matter and employ the media to achieve this goal, and the second thing is to bring together members of the community and work with each other against sectarian violence. "
He added that "there are points that could have played this role in the re-reunion of members of the community and of the government or religious institutions and communities."
He explained that "the European Union happy to sign this agreement with Iraq, but this agreement is a small part of our mission in Iraq, as we look to the future together."
And confirmed the readiness of the European Foreign Service and the European institutions and the Department of Cooperation and Humanitarian Aid department to work with others in order to raise efforts in Iraq, "noting that" the European Union aware of the circumstances that Iraq is going through, which was different from what it was in the past. "
He said the EU official that "Iraq faces a crisis is a crisis lower oil prices and the presence of Daesh and also an operations post-liberation in Mosul," noting that "we are here in Iraq to discuss how to help and raising efforts for the future as the cooperation between us back a long way and can Iraq rely on Union European in his support also for the future. "
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ARTICLE 4
Higher Education is preparing to change the direction of the curriculum system courses
BAGHDAD - Iraq - Presse - March 2 / March: said Minister of Higher Education and Scientific Research, Abdul Razzaq al - Issa, Thursday, during a meeting with representatives from the University of Technology students and Tdrisien. " The ministry is preparing to change the curriculum Batja system decisions."
Issa said that "This step is part of software development and scientific approaches in the light of education pathways and development project in the world," adding that " the adoption of the system of courses is a major shift in the framework of scientific sobriety in order to achieve communication with advanced universities in the world, stressing that the universities in theapplication of this system will lead role in the preparation of the output of the labor market and keep pace with advancing development at all levels and that the courses system also will bring flexibility and streamlined compatible with all levels of students , "as described
Listen and Minister of Higher Education to the views and suggestions of the representatives of the University of Technology, calling out the importance of repetition of these meetings , including the benefit of the educational process. Ended O.h
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ARTICLE 5
Daesh bombarding the outskirts of hand Badush poison gas
Nineveh - Iraq - Presse - March 2 / March: resorted Daesh criminal organization, to the bombing of the outskirts of the hand Badush poison gas, following the lead of the popular crowd forces and the Iraqi army in hand and begin to clean up the remnants of the prison Badush Daesh.
He said the popular media crowd in a statement, that "elements Daesh bombed the vicinity hand Badush missiles that carry warheads of toxic gases , " noting that " the joint forces , which continues to cleanse Badush prison northwest of Mosul, responded to the firing of these missiles sources."
The 26 Brigade in the popular crowd killing 24 element of Daesh through the process of progress towards Badush hand, "while the organization was forced Daesh criminal Villagers Ahamidat out toward Badush center. Q ended
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ARTICLE 6
Joint Operations: speech-Baghdadi trumped-purpose camouflage
BAGHDAD - Iraq Press - March 1: spokesman denied the joint forces Brigadier General Yahya Messenger knowledge including reports by some websites about the so - called farewell sermon to the leader of al Daesh terrorist Abu Bakr al - Baghdadi, saying it was fabricated, apparently to disguise.
He pointed out the messenger, that "al - Baghdadi observer currently stalker of the Iraqi intelligence services, and the event that its exact location will not be late to target anywhere in the process, and whether al - Baghdadi , came out to say he was defeated or did not come out, the final outcome that this organization has already defeated in Iraq . " , pointing out that "Iraqi forces will not stand in front of her things in the right coast."
He stressed that " the operation is going according to plans, which aim to preserve the lives of civilians and to minimize losses and ease their suffering, plans are cleansing Mosul and edit put Iraqi citizens in the first place."
He explained that " the Iraqi the Forces data common to have future plans to eliminate the organization in western Mosul areas, and areas that are still usurped and of Hawija and areas of the Upper Euphrates, and these areas will go its forces after the completion of the processes currently taking place , and will free all Iraqi territory from rats Daesh terrorist" .
The military commander, that " the Iraqi army severed the last major road out of Mosul , a stronghold of the organization Daesh controlled the access roads to the city from the north - west."
The Dean of the corner Armored Division ninth army said that " the band has become just one kilometer from the " Sham Gate "in Mosul , a north - western entrance of the city."
He continued , saying , "We are in control now on the road and now Sham gate in the extent of the actual vision of our forces." Q ended
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