LINK
After years of economic neglect, poverty for the common man and turmoil in the region, Iraq has finally reached a state of constant economic growth under the democratic leadership in the aftermath of the US invasion in 2003 and the overthrowing of Saddam Hussein’s tyrannical regime.
The following post is courtesy of fractalerts, a division of fractal SA, Switzerland, a trading alert service based on unique algorithms that intuitively predict patterns in the market. Each market forecast is systematic, unemotional and data-driven – resulting in specific entry and exit points and historically astounding gains across 34 different markets.
Iraq’s Economy is Rising
The main driving force behind Iraq’s economic growth is the wealth of natural resources reflected in a large number of oil and gas fields which are now open to international trade. Companies from around the world are investing into the development of these resources, which is reflected in the country’s ever-increasing oil exports. It seems that Iraq has completely recovered from the damage and downfall it suffered under the rule of Saddam Hussein.
An even greater exploration of Iraq’s oil reserves by international companies will lead to an even bigger tally of the country’s oil wealth, along with its already-known, vast reserves. In addition to all that wealth, Iraq seems to be blessed with geological formations that are perfectly accessible for drilling as opposed to most countries, which significantly brings down the costs of oil extraction.
The most obvious example of Iraq’s production advantages can be seen in the most recent Saudi Arabian oil production war which was designed to bankrupt the US shale-oil producers. And while oil producers in the US have been severely impacted by the overproduction “attack” from Saudi Arabia, Iraq still continues to produce and sell oil profitably.
What does this mean for the Iraqi Dinar?
The value of a nation’s economy, as well as its currency, is directly reflected in its natural resources, and Iraq’s oil reserves are big enough to drive its young democratic economy to prosperity. Given the fact that there is an insatiable need for gas and oil across the world, Iraq is can look forward to constant growth in its ever-growing role of the oil supplier to the world. Although Iraq is not there yet, it is becoming increasingly obvious that the country will take on the role of a regional and international energy super-power given its natural reserves in the near future. In fact, just recently the country’s Minister of Oil stated that Iraq will be able to produce 5 million barrels of oil a day in the second half of 2017.
With the economic boom led by Iraq’s oil industry, the national currency in the form of the Dinar will eventually rise to reflect the true value of the country’s oil wealth. The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003.
 Historically, the new Iraqi Dinar reached an all-time low against USD of 1680 in January of 2004 and a record high of 1106 in December of 2015. Currently trading at 1180. USD/IQD chart from Yahoo Finance.
Additionally, current political events play a key role in predicting the future of any given currency, and the controversial “Muslim ban” instituted by Donald Trump could have had major consequences for the Iraqi economy, had it not been lifted on March 6th this year. This new order to exempt Iraq from the list of banned countries has proven to be very beneficial for the country’s currency with foreign currency investors being able to exchange Iraqi dinar at favorable rates, keeping the country a valuable asset in the foreign exchange market.
All in all, it seems that the Iraqi dinar is looking at a bright future.
In the end, it is important to note that Iraq presents a wealth of investment opportunities in many industries, with the economic rise being driven by oil and gas reserves. These opportunities will become even more apparent in the following years, as the newly-established government continues to offer new possibilities to international investors.
This is what I'm Reading Right Now:
 
Word on the Street Thursday 3/30/17:
TNT CONFERENCE CALL WEDNESDAY 3/29/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Wednesday hump day. As the text message said to you, it is strangely quiet. We want some news. On the Iraq side, expectations of announcements at the Arab summit and Abadi did appear at the Arab Summit meetings. He did his speech, but it was nothing that we wanted to hear. We were looking to hear a rate and date and reconciliation, full liberation, and all those things. There was an expectation that was going to happen at the summit. I did have one bit of info saying it would happen right at the end of the summit or right after. Most were looking for this to happen duriing the summit, but that did not take place. The info that did take place went out today and was on TV in Iraq that Mosul was 93% liberated, and ISIS was still holding on to 7% according to the reports from the news and media outlets. There was some delay and denial of a pause. US banking side, they are ready as ever and waiting. Some thought by now that they would have already been processing some of us if not all of us. So that is still expected to take place any time status as far as the banking community is concerned. They are looking to do this rather quickly. Thought it would be wrapped up in the first phase of it. That is it as far as intel, and lets see what some members had to say. Q & A: Q: Bita since we are at the end of the ride heard 800 numbers would be given out? Ray: I have not received any official info on how that will unfold. Q: I thought Iraq could be stalling bases on missed deadlines, blackouts and more? What are your thoughts. Ray: The country doesn't want us to know yet and that is why they are having black outs. Q: Way back when I read Maliki and ISIS had huge amounts of dinar would that have anything to do with the RV? Ray: No. assets were frozen and members or parliament Q: Sun Star: From you banking contacts can you confirm of any rates were visible? Ray: Either they could not see anything or just could just see rates. Q: Deployment of American troops have anything to do with Monetary Reform? Ray: I don't know what there reason is. Q: Do we have an expectation between today and Friday regarding the RV? Ray: it is more quiet than I anticipated today. I don't know where we are as far as a target schedule, and I am still expecting it. Q: Have you heard of a contract Ray for the ZIM? Ray: I have not heard of one. Q: Does article 50 in Britain need to be done for the RV? Ray: If it is done and there is no RV, then it must not be a factor. Callers: 865: Is this the quiet or the lull before the storm. Ray: When I say quiet there is not important info coming out. There is no info sending us to the bank, and the barage of stuff is not saying that yet. Sadr was saying he had death threats and turning the reigns over to new folks. Is there any relevance to this? Ray: I don't know if that pushed the process along or was it just there in the way. Time will tell. I have not received info that it made a difference, since it is all still staus quo. Would like a second TNT update. Ray: You may just get that, since I am awaiting on some more information. Caller: What is the first phase you were talking about? Ray: I really don't know, but some banking people are expecting to be exchanging some people. Some phase is trying to be executed verses the bottom falling out. People have been very quiet. We have always heard groups would go first, but don't know what phase or where we are with that. I don't know the timeline and just waiting to get information. Caller: What is you guess of when we may see this? Ray: Anytime. C. Ray: You have to determine your future and what plans do you have? What are you going to do with it? With all the hours put in and sharing all the info over and over, the reality is some of you still still don't get it, some will and some won't, however we still move forward . Get in where you fit in folks. Caller: If something happens what will your tweet say? Ray: Basically get on the call and tell you 800 #s such in such and whatever info we have. Caller: What rate do we expect on the Zimbabwe? Ray:10 cents to 3 digits drop 6 zeros. Caller: Has any bank said anything about things that haven't been done? Ray: I don't think that is an issue and all bankers are just waiting for the release and ready, willing and able. Ray Wrap Up. Ray: We have run out of time. We are good right now. Lets see what happens guys. Hang in there. We are all ready for this thing to end. We are just waiting for the release of the final information, and if going to get 800 numbers do what the instructions say, and if there are no 800 numbers, we already have 46 places to start. We are just waiting for the rate to change. Lets see what happens in the next 24-48 hours. Keep Believing, since I sure do! I Believe it's already done! That ladies and gentlemen is a wrap and enjoy your Wednesday! Rayren98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|
| USD/IQD |  1,144.2000 |  1,200.0000 | 1,144.2000 | 1,144.2000 | 1,144.2000 |  0.0000 | 20:00 |
| USD/VND |  22,460.0000 |  23,204.0000 | 22,460.0000 | 22,460.0000 | 22,460.0000 |  0.0000 | 20:00 |
| USD/CNY |  6.8912 |  6.8916 | 6.9115 | 6.8823 | 6.8899 |  0.0013 | 05:43 |
| USD/KWD |  0.3042 |  0.3052 | 0.3048 | 0.3040 | 0.3040 |  0.0003 | 04:05 |
| GBP/USD |  1.2432 |  1.2433 | 1.2449 | 1.2405 | 1.2439 |  -0.0007 | 05:43 |
| USD/IRR |  12,048.0000 |  12,428.0000 | 12,048.0000 | 12,048.0000 | 12,048.0000 |  0.0000 | 17:51 |
| USD/IDR |  13,319.0000 |  13,331.0000 | 13,325.0000 | 13,301.0000 | 13,301.0000 |  18.0000 | 05:35 |
DC NY Iraq Articles:
UN Secretary-General arrives in Baghdad and meets Jaafari
Release date: 2017/3/30 10:43 • 104 times read
(Baghdad: al-Furat News) UN Secretary-General Antonio Guterich arrived Thursday morning in Iraq.
The statement was received by Guterich and his delegation at Baghdad International Airport by Iraqi Deputy Foreign Minister Hala Shaker, Special Representative of the UN Secretary-General in Iraq, Jan Kubic, and the United Nations accompanying delegation.
The Secretary-General met with Foreign Minister Ibrahim Jaafari in Baghdad
The Sudanese president hopes security and stability will prevail throughout Iraq
In the world March 29, 2017 8 visits
(SANA) - Sudanese President Omar al-Bashir said in his speech at the Arab summit held in Jordan that he hoped security and stability would prevail throughout Iraq.
Guterres: We hope a government representing all communities in Iraq
Baghdad - Journal News
UN Secretary-General Antonio Guterres on Wednesday expressed his hope for a government representing all sectors of society in Iraq.
"Terrorist organizations such as Dahesh are anti-Islamic organizations," Guterres said in a speech to Arab leaders and leaders, expressing his hope that "a government representing all segments of society in Iraq will be formed."
On the situation in Syria, he stressed that "the time has come to stop the fighting in Syria," noting "the importance of the Geneva talks and Astana."
Gharabi: Approval of granting loans and advances for the education of Dhi Qar
Release date: 2017/3/29 11:47 • 40 times read
(Baghdad: Al-Furat News) MP confirmed the mass of the citizen from the province of Dhi Qar, Mona Gharabi, the approval of the Rafidain Bank to grant loans and financial advances to the Directorate of Education in Dhi Qar.
A statement to inform the bloc received the agency {Euphrates News} a copy of it, that Gharabi stressed, during her meeting with the Director General of Rafidain Bank on "the need to provide banking facilities for citizens and it was agreed to grant loans and advances through the Rafidain Bank to the Directorate of Education in the province of Dhi Qar by electronic card" .
Al Gharabi stressed the importance of settling the salaries of employees in electronic accounts in order to facilitate the provision of banking services to them, noting that "the bank emphasizes the importance of settling the salaries of employees electronically to facilitate procedures for granting loans and advances and other banking services in accordance with legal regulations."
For his part, the Director General of the Rafidain Bank, according to the statement on "the need to take advantage of electronic banking services and the most important service to pay salaries electronically."
On the other hand, MP Mona Gharabi met with the Director of Education of Dhi Qar Riyad Al-Omari, and it was agreed that the salaries of the Directorate will be paid through the electronic card from Rafidain Bank.
"This step, which came after continuous follow-up, comes within the framework of maintaining public funds and adopting unified standards and standards to ensure justice and transparency for all employees, as well as to improve the banking reality and reach the application of the international standards necessary to upgrade the work of banks," Gharabi said
Iraq is the top priority of the Arab Summit, which is taking place in Jordan today
Release date: 2017/3/29 10:03 • 90 times scheduled
{Continue: Euphrates News} The 28th Arab Summit in the Dead Sea region of Jordan will be launched to discuss a number of Arab and regional issues in the midst of several crises in the Arab region.
The summit, which begins at 11 am local time, will discuss about 17 items approved by the foreign ministers of the Arab countries at the preparatory meetings held on the overall Arab and regional issues.
The issues discussed at the summit include the Palestinian issue, ways to revive the peace process and the anti-terrorism file.
The Jordanian Foreign Minister Ayman Safadi said that the efforts of the current Arab summit held in Jordan to find a solution to the outstanding issues, especially Syria, Iraq and Yemen, stressing during the meeting of foreign preparatory ministers on the importance of Arab consensus.
The summit comes at a time when the worsening crises in the Arab region to the tragic situation of millions in a number of Arab countries, some displaced and some displaced, and others decided to risk immigration to Europe in search of a better life.
The countries of Iraq, Syria, Yemen and Libya are witnessing wars or armed conflicts, while other Arab countries suffer from poor economic conditions that adversely affected the living standards of their population.
Political experts see the Arab summit as an opportunity to contain divisions among university members on a number of important issues.
During the opening session, Jordan's King Abdullah II will take over the presidency from Mauritania's President Mohamed Ould Abdel Aziz.
The morning session will be attended by UN Secretary General Antonio Guterres, EU Foreign Minister Federica Mughrini, OIC Secretary-General Yousef bin Ahmed Al-Othaimeen, the President of the Arab Parliament Meshaal Bin Fahm Al-Salami and AU Commission Chairperson Moussa Faki.
Arab leaders also hold a closed session to discuss a number of issues and issues of concern to the Arab world.
Prime Minister Haider al-Abadi heads Iraq's delegation to the Jordan summit
Parliamentary warnings from the division of Kirkuk
Baghdad Journal News
A deputy from the coalition of state law, on Wednesday, the governor of Kirkuk, any possible collision leads to a conflict between the components within the province, while warned of the exploitation of the organization "da'ash" for those events, as well as divisions that may cause division of the province.
Geageer said in a statement to the "Journal News" that "it is likely that a collision in the misguided calls of the governor of Kirkuk to raise the flag over the buildings and turn Kirkuk into a scab of a conflict between components," while at the same time, the provincial council and governor "responsibility for any conflict within Governorate".
He added that "Turkmen and Arabs have a number of solutions began demonstrations today, and may divide Kirkuk between components because of the policy of the governor," and expected that the Governor "a plan to try to stay in power and the implementation of agendas."
Jafar ruled out "inviting the popular crowd to resolve the crisis," pointing out that "the government circulated official books in the province of Kirkuk states that it is illegal to raise the flag of the province over state institutions."
On Wednesday, dozens of Turkmen civil society activists took part in a peaceful demonstration to announce the refusal to lift the Kurdish flag over government buildings.
.
Kauaihn Iraq Articles:
Iraq announces list of projects to be financed by the British loan of 12 billion dollars
Editorial Date: 2017/3/30 13:17 • 9 times read
(Baghdad: Al Furat News) The Ministry of Construction, Housing and Municipalities announced a list of projects to be funded by the loan, which agreed to grant Britain and the value of 12 billion dollars.
"The Ministry of Planning approved the project (permanent solution), to desalinate the water of Basra, as well as the financing of projects suspended due to the financial crisis within the national budget and will start implementing agencies complete After the approval of the Council of Ministers. "
Britain has announced on March 5 to lend Iraq 12 billion dollars.
"Britain has agreed to provide 10 billion pounds ($ 12.29 billion) in loans to Iraq to help finance important infrastructure projects," an Iraqi Finance Ministry official told Reuters.
On July 26, the Council of Ministers approved the recommendation of the Economic Affairs Committee on the implementation of the loan agreement with the British government for 10 billion pounds and the formation of a committee to negotiate and submit the draft of the negotiations to the Council of Ministers. To the Committee on the Water Scarcity and Desalination Project
The Board of Commissioners grants a license to establish the Iraqi Islamic Party
Alsumaria News / Baghdad
The Council of Commissioners of the Electoral Commission on Wednesday granted a license to establish the Iraqi Islamic Party to participate in the upcoming elections.
In a statement received by Alsumaria News, the commission said in a statement that "the council granted today the establishment of the Islamic Party of Iraq in sequence 24," pointing out that "the completion of the said party, which was granted leave for all procedures and application of the instructions issued by the Commission and the rules of conduct in accordance with the provisions of the Parties Law Political legislator by the House of Representatives. "
The Commission reiterated its "call to all parties for the purpose of establishment, which recorded and cut the legal period to complete the registration procedures in preparation for granting them licenses to establish."
The Political Parties Law No. (36) for the year 2015 has been legislated by the Chamber of Deputies and the Commission has started to implement it after it has been published in the official gazette. The political parties that intend to participate in the upcoming electoral elections submitted for the purpose of registration in accordance with the procedures, instructions and rules of conduct issued by the Commission.
Washington is concerned about Iranian influence in Iraq and the Huthi threat
The presence of more than 100,000 Shiite militia fighters complicates the security situation in Iraq, Fotil said at a congressional hearing on Wednesday, and expressed his country's concern about Iran's growing influence in Iraq, with the presence of Shi'ite militias backed by Tehran.
"I share with you the concern about Iran and its long-term intentions in Iraq, especially with more than 100,000 fighters in Shiite militias on the ground. This is an exceptional concern as our forces move forward," he told the House Armed Services Committee.
The American general revealed during the session that the Iraqi forces have suffered 284 dead and 1,600 wounded since the start of the attack on western Mosul on 19 February last, and noted that 490 members were killed and wounded more than three thousand in the battle to restore the eastern part of Mosul, Last October.
On Yemen, Fotil said that the Huthis have sophisticated military capabilities with the help of Iran threatens the freedom of navigation in the Bab al-Mandab strategic strait.
He added that the Houthis deployed with the support of Iran in the west coast of Yemen missiles and a system of radars, mines and booby traps brought from the Strait of Hormuz , and said that these weapons threaten US trade and ships and military operations in the region.
Abadi meets Saudi king on sidelines of Amman summit
March 29, 2017
Baghdad Journal News
Prime Minister Haidar al-Abadi met on Wednesday with Saudi King Salman bin Abdul Aziz on the sidelines of the Arab summit in Amman.
The MP for the Reform Front, Al-Nassif, told the "Journal News", it is hoped that "the Prime Minister Haider Abadi will hold a meeting with Saudi King Salman bin Abdul Aziz on the sidelines of the Arab summit held in Jordan," explaining that "Abadi will also meet with most Arab leaders "He said.
The Arab Summit in the Dead Sea region of the Hashemite Kingdom of Jordan is scheduled to kick off Wednesday, which will discuss several Arab and regional issues in light of the crises facing the Arab region.
The summit will discuss about 17 items approved by ministers outside the Arab countries during the preparatory meetings of the summit. Arab leaders will hold a closed session to discuss a number of issues
Sadr costs 14 people on his behalf
Baghdad - Journal News
The leader of the Sadrist movement Muqtada al-Sadr on Wednesday, fourteen people in charge of running the public business of the Sadrist movement.
According to a document issued by Sadr's office, and received the "Journal News", a copy of the latter "the cost of fourteen people in charge of the Department of Public Works of the Sadrist movement in all its details," asserting that they are "trustworthy people, and everyone to refer to them in their affairs."
"According to the document," these obeyed my obedience, as they return to us in the tasks of their affairs, taking all the precautionary way it is a way of survival. "
Here are 14 people who were commissioned by Sadr on his behalf:
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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GLOBAL/ NEWS/ INFO
Take these 3 steps to protect your credit in retirement
MarketWatch
A high credit score can help provide financial stability as retirement nears, here’s how to make sure you have one. Read the full story
How to create a financial emergency plan
USA TODAY
You may have an emergency fund, but you do you have an emergency plan? If not, it’s time to create one. Read the full story
Best countries 2017: Here are the top 20 places to live, according to the United Nations
Mic
The UN's Human Development Index ranks the top countries in the world for education and length and quality of life. Read the full story
OIL/COMMODITIES/ENERGY
Gold slips on technicals as dollar firms on US rate hike cues
Gold fell on Wednesday in the face of technical resistance and positive U.S. economic data.
Gold prices mark a loss as U.S. equities, dollar gain ground
MarketWatch
Gold futures finish with a slight loss, as upbeat U.S. economic data provide a boost to equities and the dollar. Read the full story
Oil rises on Libyan supply disruptions, likely OPEC output cut extension
Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya.
Crude oil marches higher ahead of U.S. supply data
MarketWatch
Oil prices continue to climb on Wednesday, boosted by supply disruptions in Libya and hopes official U.S. inventory data will show a drawdown in supplies at a major storage hub. Read the full story
Shadow Banking Is Getting Bigger Without Getting Better
Bloomberg
The sector's success against traditional banks is about regulatory arbitrage, according to a new story. Read the full story
Wells Fargo to pay $110 million to settle lawsuit over account abuses
Wells Fargo & Co said it agreed to pay $110 million to settle a lawsuit by customers challenging its opening of accounts without their permission, a practice that led to a scandal that cost the bank's chief executive his job. Read the full story
Wells Fargo gets lower grade over lending discrimination, accounts scandal
Regulator concludes the U.S. global bank wrongly steered minorities to subprime mortgage loans Read the full story
Feds may enlist advisors in battle against money laundering
Proposed regulation would help investment advisors sniff out suspicious financial activity, although its fate is uncertain. Read the full story
European Commission blocks London Stock Exchange’s planned tie-up with Deutsche Börse
The London Stock Exchange’s planned £24bn tie-up with its German counterpart Deutsche Börse has been blocked by the European Commission on concerns relating to competition and how dominant a combined entity would have been. Read the full story
Bangladesh Bank heist was 'state-sponsored': U.S. official
The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday. Read the full story
CURRENCIES
Dollar climbs on Fed talk, sterling pressured by Brexit launch
The dollar pulled away from 4-1/2-month lows against a currency basket on Wednesday.
Euro looks set for renewed downturn on Brexit, technical factors
Forex Mar 29, 2017 11:52 GMT Investing.com – The euro looks set for a renewed modest downturn on technical factors and concerns surrounding Britain’s exit from the European Union. The descending trend line points to a resumption of the long-term downward move. The overbought stochastic reading also explained the spike in selling pressure on the euro on Tuesday. The single currency touched the $1.09 level on Monday for the first time since mid-November. The ABC wave seems to have run its course, Read the full story
GBP V CAD: Pound drops from best levels against Canadian dollar as oil prices SURGE
Express
THE pound tumbled against the Canadian dollar on Tuesday as oil prices jumped and Bank of Canada Governor Stephen Poloz stated his case for Canada to maintain open trade policies. The pound initially extended previous gains against the Canadian dollar at the start of the trade session, with GBP/CAD advancing from C$1.680 to C$1.687 by mid-morning before plummeting to its current levels of around C$1.657 following the spike in oil prices and Poloz’s speech. Read the full story
Pound to euro exchange rate live: Sterling PLUNGES as Article 50 letter triggers Brexit
Daily Star
THE POUND has fallen sharply against the euro as Prime Minister Theresa May triggers Brexit. Prime Minister Theresa May signed the letter to trigger Article 50 last night – formally signalling Britain’s exit from the European Union . It will be delivered to European Council President this afternoon. The triggering of Article 50 means the UK will begin negotiations to exit the EU, a process which is supposed to take two years but could take even longer. In response to the events, the pound fell Read the full story
New Zealand dollar dips
Inside Retail New Zealand
The New Zealand dollar has fallen after a measure of US consumer confidence jumped to its highest level in almost two decades, signalling a pick up in the world’s biggest economy. The kiwi dropped to US70.08 cents as at 8am on Wednesday in Wellington from US70.40c late Tuesday. The trade-weighted index declined to 75.99 from 76.21. The US Conference Board’s consumer confidence index rose 9.5 points to 125.6 in March, the highest reading since December 2000, and Americans became more optimistic Read the full story
Australian Dollar Rises Amid Rising Risk Appetite
RTTNews
The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday amid rising risk appetite, tracking the positive lead overnight from Wall Street after data showed that U.S. consumer confidence rose to a sixteen-year high in March. Higher crude oil prices also lifted investor sentiment. Read the full story
Forex - Aussie almost unchanged, kiwi moves lower vs. stronger greenback
Rupee strengthens past the 65-mark against US dollar in opening trade
Livemint
Mumbai: The Indian rupee on Wednesday strengthened past the 65-mark to hit a fresh 17-month high against the US dollar in the opening trade. Read the full story
USA
What's the average income in the United States now?
USA TODAY
Here's how much Americans are earning in income this year, and what jobs are getting the biggest pay increases. Read the full story
Tax eason tends to cause market gyrations
The markets tend to follow a certain pattern before and after Tax Day.
There's been a 'stunning' shift in the US economy since Trump's election
Business Insider
A chasm between enthusiasm and results is opening in the US economy after the election of Donald Trump. In a note to clients on Monday, Morgan Stanley economists Ellen Zentner and Robert Rosener laid out the difference between sentiment, defined by "soft data" like surveys and confidence indexes, and actual activity, defined by "hard data" like industrial production and retail sales. We've noted the divergence of soft and hard data before, but it appears the gap is only growing. "The divergence Read the full story
EMERGING MARKETS
Ideas For A Better Emerging Market Portfolio
Larry Swedroe had a couple posts (see here & here) this week on emerging markets, and why they are important components of well-diversified portfolios. The main points that Mr. Swedroe makes is that investors should not give up on emerging market equities because they - despite awful recent performance - have performed well historically, and because they are... Read the full story
For the best bonds, travel to emerging markets, says Brandywine fund manager
Jack McIntyre expects the emerging-market bond rally to extend its gains, writes Phil van Doorn. Read the full story
MIDDLE EAST
Abu Dhabi fund loses crisis-related arbitration against Citigroup
Citigroup Inc has prevailed in the latest arbitration pursued by Abu Dhabi Investment Authority over the sovereign wealth fund's $7.5 billion investment in 2007 to shore up the then-struggling bank during the subprime mortgage meltdown. Read the full story
AFRICA
South Africa: Stormwater Harvesting Could Help Nation Manage Water Shortages
AllAfrica
In 2016, South Africa experienced one of the worst droughts in decades. Many towns and cities across the country were left with compromised water supply systems and limited food production. This placed pressure on an already fragile economy. South Africa must find ways to adapt to and mitigate water insecurity threats. These can be from droughts, climate change, but also from increases in water demand through urbanisation, population growth and rising standards of living. Towns and cities need Read the full story
Expectations Gordhan will go leave South African markets on edge
Reuters
South Africa's currency and bonds weakened again on Wednesday as expectations rise that President Jacob Zuma will sack finance minister Pravin Gordhan following the funeral this afternoon of anti-apartheid icon Ahmed Kathrada. Read the full story
A native of South Africa reveals why YOU should visit
Daily Mail
MailOnline's Pamela Owen goes back to her native South Africa and stays in the ultra-luxurious Sabi Sabi lodge where she's privileged to have some amazing animal encounters. Read the full story
ASIA
Silk roads and chilled beef: how China is trying to fill a Trump vacuum in Australia
Reuters
It was almost a major faux pas in sports-mad Australia - Chinese Premier Li Keqiang arrived at an Australian Rules football match in Sydney wearing the blue, black and white scarf of interstate rival Port Adelaide Power. Read the full story
EUROPE
Live: UK triggers Brexit process after Article 50 letter received by European Council president
Our live blog is tracking reaction as the UK fires the starting pistol on a two-year countdown to its withdrawal from the European Union.
The Dow was able to break its eight-session losing streak and moved closer to breakeven on the month.
UK triggers historic Brexit negotiations as official letter is handed to the EU
CNBC
Britain's ambassador to the European Union (EU) has handed the official letter triggering Article 50 to Donald Tusk, president of the European Council. Read the full story
Europe mixed as Britain prepares to pull Brexit trigger
CNBC
European markets were mixed in midday trade Wednesday as investors watched Britain's much-anticipated Brexit proceedings. Read the full story
Brexit proponent Farage claims US and UK could do trade deal by year-end if EU got out of the way
CNBC
Brexit & Article 50: How Brits are paying up to 25% more for gadgets since EU referendum
TrustedReviews
Grexit showdown: ‘High’ chance of Greece CRASHING out of eurozone amid bailout deadlock
Express
GREECE could crash out of the eurozone and leave the EU as bailout talks reach deadlock once again sparking fears Greece or Germany could pull out of the deal. The International Monetary Fund is pushing Greece to adopt labour reforms as a condition to join an £74billion bailout programme, so far funded only by eurozone creditors. Greece hopes to reach a deal with international lenders in April but Athens says the labour reforms would go against EU principles. Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Thursday 3/30/17 2017 did update on the indicative rates
The currency auction is 159,075,819
There are one news and announcements for Thursday 3/30/17, 2017 as follows:
Announcement The Central Bank of Iraq will issue the National Bonds (Second Issuer) on behalf of the Ministry of Finance at an interest rate of 8% per annum paid with annual cables and for two years starting from 2017/4/2
2017/3/30
ISX Update:
Shares Traded
625,387,818
ISX ended in Red
Kauaihn Chatter:
3-30-2017 Newshound/Intel Guru Mnt Goat Article quote: "The spokesman for the Joint Operations Command Brigadier General Yahya Rasoul. Mosul (IraqiNews.com) The Iraqi security command leading operations against Islamic State in Mosul has said the battle in the west of the city was concluded on the military level." hurray! So we watch and wait to see what the CBI does next. ...I presented some evidence that something (a big currency move) is planned for the very near future.
3-29-2017 Newshound Guru Aggiedad77 Article: "Iraq Press" published the text of the word Abadi, in the twenty-eighth Arab Summit" Abadi's address at the Arab Summit is a display of a real world statesman, not the rambling of some third world country...unity is paramount here, a gathering of common friends across the region he knows that DAASH is a common foe to them all and is being expelled, never to be accepted again, he speaks from a perspective that reaches far beyond Iraq's borders, internationalism to the max he is preaching, reconciliation not only at the Iraqi level but for all of their neighbors within the Middle East...He is learning from his recent visit I believe to the US and has been bolstered by a strong support from a renewed world power who calls Iraq an ally today...way to go Abadi...IMO.
3-29-2017 Intel Guru Dr. Clarke It's NOT going to happen on April 1, 2017. It IS going to happen in April, though. This Morning, a very high flock of birds flew overhead, and relayed this information, through the partly cloudy forecast...that has now, become a perfectly Sunny Day. It was a little Windy, but we think we heard them say, that in MAY, there'd be WAY MORE MONEY, available, than ever before...think that's what they said...BOOM - CHAKA - CHAKA - BOOM!
3-29-2017 Intel Guru Bluwolf IMPORTANT TO KNOW: ARTICLE 50 WILL BE TRIGGERED TODAY...This will create a DOMINO WORLD EFFECT...The TIME FRAME ELAPSED TODAY. Just be ready to roll...
3-29-2017 Newshound Guru Adam Montana Let me just say, it sure is refreshing to have so much positive activity lately! After a fairly long lull in the news, the dinar is back on the move... [ I was personally pleased to see Abadi planning on running again next year. I know there are a lot of articles out the about corruption. What do you think are the chances that most of the corruption will be cleaned up with or before the next election?] Cleaned up? No chance! But that doesn't cause me any concern... Iraq isn't special or unique in regards to "corruption". Corruption exists everywhere, and it certainly did when their $ was over $3. It will continue to exist in the future, without any regard to their currency value.
3-29-2017 Intel Guru Frank26 [Someone is asking the question...he states that as the IQD is given value that Iraq would make all IQD outside of their borders null and void...] ...no the dinars outside of Iraq will not be null and void...we will exchange them...and here in the US we will go to our banks and our banks will send it to the US Treasury...it is not even going back to the CBI...I told you no one cares about you as an investor...if you add us all up we are not even the size of one country that has a lot of dinars in their reserves as foreign currency reserves...the CBI knows darn well that we are going to exchange our currency in the US...
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 Abadi receives a telephone call from US President Donald Trump
Prime Minister Dr. Haidar Al-Abbadi received a telephone call from US President Donald Trump.
During the meeting, they discussed enhancing relations between the two countries in various fields and the victories achieved on the international support and support for Iraq in the fight against terrorism.
He stressed that cooperation between the two countries must continue, especially in the military field, expressing his admiration for the courage and intelligence of the Iraqi people, who has all the love and respect and that we will eliminate gangs inevitably.
While Dr. Abbadi said that our heroes are achieving successive victories over Daqash, whose defeat has become very close, pointing to the importance of continuing international support for Iraq.
Prime Minister's Media Office
March 30, 2017
***************
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not posted on English side)
March 29, 2017: The text of the speech of the Prime Minister Dr. Haider Abadi at the 28th Arab Summit held in the Dead Sea region of the Hashemite Kingdom of Jordan:
In the name of of Allah the Merciful
(And hold the rope of Allah and not dispersed)
His Majesty King Abdullah II, King of Jordan and Chairman of the 28th Arab Summit,
Secretary-General of the Arab League,
Excellencies and Highnesses,
Your Excellencies,
Ladies and Gentlemen,
The importance of this conference comes from the seriousness and sensitivity of the current circumstances facing our countries and the existential terrorist challenges that require us to cooperate and agree on clear mechanisms to confront them and to stop their dangerous repercussions on the future and unity of our countries, security and political and economic stability and communal coexistence in our region.
Our peoples look forward to us today, and we all have to take the responsibility and take the necessary decisions to end the suffering of our peoples living in conflict, war, displacement, poverty and hunger.
We affirm what we have said that terrorism does not exclude any state and therefore we must cooperate and make every effort to preserve the unity of our countries and peoples from disintegration and loss, and to prevent external interference in internal affairs.
We believe that security is one and indivisible, that no safe country can live on its own, and that we are happy to liberate our land and to expel an oppressor who can only be defeated by defeating terrorism in every Arab country facing this danger.
It is the League of Arab States that brings us together with its charters, including the principle of preserving and maintaining the independence of our countries and non-interference in their affairs, as well as seeking closer cooperation between our countries in the political and socio-economic fields.
It is necessary to stand here in the importance of strengthening the status of the Arab League to the Arab citizen, who looks forward to serious decisions that take effect and affirm the credibility of joint Arab action, and help to get the Arab citizen out of the state of frustration that required him.
We must strengthen trust between the citizen and the Arab League institution and be at the level of his aspirations and aspirations.
We call for achieving stability as a strategic goal and ending the differences and side conflicts and thinking about the millions of innocent citizens who are displaced, migrants and displaced persons from various Arab countries who die from the inferno of internal fighting and focus on what serves our present and paints a bright future for our peoples and allows them to live in peace and love. Their homes and opens the doors of hope for a better tomorrow.
The wealth of our nation must be directed to building and reconstruction and the use of advanced technology and work to build a network of economic and trade relations and raise the standard of living and improve health services, educational and environmental and to eradicate poverty, hunger and underdevelopment.
The youth sector represents the most important wealth in the productive and effective human resources in our Arab societies, and we must pay attention to their problems and work hard to launch effective Arab projects to develop their abilities and benefit from their energies in all fields and work to provide jobs that prevent and protect young people from being drawn into extremism of all kinds .
The position of Iraq, which is a founding state of the Arab League, is clear to the constants and major issues, foremost of which is the Palestinian issue. We believe that terrorism, extremism and preoccupation with internal conflicts have led to diverting things from their proper course, wasting efforts and sacrificing priorities.
I also call for a united Arab position on any violation of the national sovereignty of Iraq or any Arab country, and not to allow it to be considered a red line in our relations with States. Our relations with all countries should be based on trust, non-interference, respect for sovereignty.
Dear brothers :
Iraq is a united country more than ever before. Without this unity and cohesion, we would not have been able to liberate our lands and inflict the greatest defeat on a gang that would support the criminal. Our army is welcome and comforted by the presence of all our people in all the provinces and the spare fighters are saving their lives from civilians. The territory of his territory under the control of a preacher, has been liberated and won, and we have delivered to our people what we pledged to liberate the entire cities and territories of the preacher.
All Iraqis participate in these victories, and from different religions, nationalities and sects stand together in the battle to defend their homeland. This defense is supported by religious authorities and religious scholars of all denominations.
That the Mujahedeen carried out a major deception when falsely and falsely claimed to defend the Sunnis but in fact killed Shiites, Sunnis, Christians, Yazidis, Arabs, Kurds and Turkmens, and its crimes included the entire Iraqi spectrum and the destruction of monuments, mosques and churches.
This is a subversive project to dismantle our countries and societies first and to increase the culture of hatred for Arabs and Muslims in other countries of the world. We must pay attention to this plan, which is being implemented on the ground and to confront it with all force.
Iraq is for all Iraqis without distinction and we are a state that respects religious, national, religious and ideological diversity. We have constitutional institutions that protect this diversity and defend the rights of all Iraqis according to the principle of justice and equal rights and duties.
We have paid a heavy price for sectarian hatred and incitement. We demand that our Arab brethren help us eliminate the discourse of discrimination and hatred, and that speech and media support the unity of our peoples and not cause death and destruction.
We face terrorism that targets civilians with booby-trapped cars, suicide bombers, organized crime gangs that break the law, face administrative and financial corruption, and differentiate terrorism, corruption and organized crime. Some complement one another, all of which represent a common enemy and challenge.
We are working to extend the rule of law throughout Iraq and to hold arms with the state and eliminate all armed manifestations. In spite of all the difficult challenges and financial crisis we faced as a result of the decline in world oil prices, we continued the liberalization and arming of our forces as we continued to implement our comprehensive reform program in its political, economic and societal aspects, which is no less difficult than the other challenges, but we have taken important steps and we are determined to implement it Challenges. With the help of the international community, we have begun implementing the program to restore the displaced people to their liberated cities and put in place an integrated program to restore stability and services to them. We call on all Arab countries to participate in the reconstruction and stability efforts in these cities.
Iraq is on the verge of a new phase after the elimination of the expulsion and expulsion outside our borders, a stage not only Iraq, but includes all the Arab countries, which must cooperate and unite their efforts and exchange intelligence to prevent the return of the call or spread to other countries.
I salute the Iraqi forces of all kinds, formations and names that continue to advance in Mosul. I salute the precious sacrifices made by the courageous Iraqi people. I salute the Peshmerga, the popular crowd, the volunteers, the local fighters and the tribesmen, and salute the lives of martyrs and wounded and their honorable families.
We look forward to a new era of peace, stability, secure coexistence and economic prosperity for all our nations and peoples and close cooperation in all fields.
Peace, mercy and blessings of God
Dr. Haider Abadi
Prime Minister
The Republic of Iraq
29/3/2017
*************
Other articles:
1--Prime Minister Dr. Haidar Al - Abadi meets the Jordanian monarch King Abdullah bin Al - Hussein March 29, 2017
2--Prime Minister Dr. Haider Abadi meets with Tunisian President Mr. Béji Caid Sibsi March 29, 2017
3--Prime Minister Dr. Haidar Al - Abadi meets Saudi King Salman bin Abdul Aziz March 29, 2017
4--Prime Minister Dr. Haidar al - Abadi meets the Amir of Kuwait Sheikh Sabah Al - Ahmad Al - Jaber Al - Sabah March 29, 2017
E--Prime Minister Dr. Haider Abadi meets with the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, March 29, 2017
*************
ARTICLE 2
Pictures .. Sleeping at the Arab Summit
AMMAN, March 30 (Reuters) - Media cameras took pictures of Arab leaders and leaders in deep sleep during the opening session of the Arab summit, which ended in Amman on Wednesday.
This is not the first time that the cameras have taken pictures of this kind. Arab peoples have used similar footage with different personalities in previous summits.
The cameras showed the Emir of Kuwait, the Djiboutian president and the Yemeni president covering themselves in deep sleep and showing signs of fatigue.
Activists said that sleep at the Arab summit reflects the reality of the Arabs' hibernation despite the challenges facing the region.
Others defended the sleeping leaders by saying that the aging, the great effort and the long hours of seats until the words of all kings and presidents, as well as long speeches by the Secretary-General of the Arab League, the UN Secretary-General and the representative of the European Union were realistic reasons for the sleep of these leaders and others who were not picked up by media lenses . Finished (1)
URGENT UN chief arrives in Iraq
2017/3/30 9:31
[Ayna-Baghdad]
UN Secretary-General Antonio Guterres arrived in Iraq on Thursday morning to discuss the humanitarian situation of civilians on the ground.
Guterres had attended the Arab summit in Jordan and visited a camp for displaced people there.
*************
ARTICLE 4
The arrival of the first batch of Korean (T50) aircraft to Iraq
The Ministry of Defense announced on Wednesday the delivery of the first batch of Korean T50 aircraft to Iraq, adding that it "arrived at the Shuaiba air base with its technical equipment and supplies of its own weapons."
"The new aircraft are part of the contract between Iraq and South Korea to be included in the Iraqi combat aircraft squadron to speed up the liberation of the rest of Iraq from the hands of gangs," it said in a statement. "By completing the training of pilots and technicians on this new type of aircraft, they are ready to participate in the performance of the functions of the Iraqi Air Force." AH
*************
ARTICLE 5
The arrest of 11 thugs disguised in Mosul
2017/3/30 10:35
[Ayna-Baghdad]
Security forces arrested 11 terrorists in gangs who were hiding among civilians on the left side of Mosul.
"The intelligence and counter-terrorism department of Nineveh, which operates within the Federal Intelligence and Investigations Agency, arrested 11 suspects on the left side of the city of Mosul who confessed to belonging to gangs," said Brigadier General Saad Maan, a spokesman for the Iraqi Ministry of Interior. .
He pointed out that "taking legal action against them came this process after receiving accurate intelligence about hiding among citizens in liberated areas."
Video .. advocates use civilians as human shields
2017/3/30 11:14
[Ayna-Baghdad]
A video of a march aircraft of the security forces revealed how gangsters are being forced to call on civilians to use them as human shields.
"Our aircraft have uncovered one of the most malicious methods of using civilians as human shields," federal police chief Lieutenant-General Raed Shaker Jodat said in a statement.
"I spotted one of the terrorists using a child by force to escape the fire of our sniper in the old city of Mosul, and we issued an order not to shoot for fear of the child being wounded," he said.
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LINK
After years of economic neglect, poverty for the common man and turmoil in the region, Iraq has finally reached a state of constant economic growth under the democratic leadership in the aftermath of the US invasion in 2003 and the overthrowing of Saddam Hussein’s tyrannical regime.
Iraq’s Economy is Rising
What does this mean for the Iraqi Dinar?
This is what I'm Reading Right Now:
Good afternoon TNT Superfantastic Family. Today is Wednesday hump day. As the text message said to you, it is strangely quiet. We want some news. On the Iraq side, expectations of announcements at the Arab summit and Abadi did appear at the Arab Summit meetings. He did his speech, but it was nothing that we wanted to hear. We were looking to hear a rate and date and reconciliation, full liberation, and all those things. There was an expectation that was going to happen at the summit. I did have one bit of info saying it would happen right at the end of the summit or right after. Most were looking for this to happen duriing the summit, but that did not take place. The info that did take place went out today and was on TV in Iraq that Mosul was 93% liberated, and ISIS was still holding on to 7% according to the reports from the news and media outlets. There was some delay and denial of a pause. US banking side, they are ready as ever and waiting. Some thought by now that they would have already been processing some of us if not all of us. So that is still expected to take place any time status as far as the banking community is concerned. They are looking to do this rather quickly. Thought it would be wrapped up in the first phase of it. That is it as far as intel, and lets see what some members had to say. Q & A: Q: Bita since we are at the end of the ride heard 800 numbers would be given out? Ray: I have not received any official info on how that will unfold. Q: I thought Iraq could be stalling bases on missed deadlines, blackouts and more? What are your thoughts. Ray: The country doesn't want us to know yet and that is why they are having black outs. Q: Way back when I read Maliki and ISIS had huge amounts of dinar would that have anything to do with the RV? Ray: No. assets were frozen and members or parliament Q: Sun Star: From you banking contacts can you confirm of any rates were visible? Ray: Either they could not see anything or just could just see rates. Q: Deployment of American troops have anything to do with Monetary Reform? Ray: I don't know what there reason is. Q: Do we have an expectation between today and Friday regarding the RV? Ray: it is more quiet than I anticipated today. I don't know where we are as far as a target schedule, and I am still expecting it. Q: Have you heard of a contract Ray for the ZIM? Ray: I have not heard of one. Q: Does article 50 in Britain need to be done for the RV? Ray: If it is done and there is no RV, then it must not be a factor. Callers: 865: Is this the quiet or the lull before the storm. Ray: When I say quiet there is not important info coming out. There is no info sending us to the bank, and the barage of stuff is not saying that yet. Sadr was saying he had death threats and turning the reigns over to new folks. Is there any relevance to this? Ray: I don't know if that pushed the process along or was it just there in the way. Time will tell. I have not received info that it made a difference, since it is all still staus quo. Would like a second TNT update. Ray: You may just get that, since I am awaiting on some more information. Caller: What is the first phase you were talking about? Ray: I really don't know, but some banking people are expecting to be exchanging some people. Some phase is trying to be executed verses the bottom falling out. People have been very quiet. We have always heard groups would go first, but don't know what phase or where we are with that. I don't know the timeline and just waiting to get information. Caller: What is you guess of when we may see this? Ray: Anytime. C. Ray: You have to determine your future and what plans do you have? What are you going to do with it? With all the hours put in and sharing all the info over and over, the reality is some of you still still don't get it, some will and some won't, however we still move forward . Get in where you fit in folks. Caller: If something happens what will your tweet say? Ray: Basically get on the call and tell you 800 #s such in such and whatever info we have. Caller: What rate do we expect on the Zimbabwe? Ray:10 cents to 3 digits drop 6 zeros. Caller: Has any bank said anything about things that haven't been done? Ray: I don't think that is an issue and all bankers are just waiting for the release and ready, willing and able. Ray Wrap Up. Ray: We have run out of time. We are good right now. Lets see what happens guys. Hang in there. We are all ready for this thing to end. We are just waiting for the release of the final information, and if going to get 800 numbers do what the instructions say, and if there are no 800 numbers, we already have 46 places to start. We are just waiting for the rate to change. Lets see what happens in the next 24-48 hours. Keep Believing, since I sure do! I Believe it's already done! That ladies and gentlemen is a wrap and enjoy your Wednesday! Rayren98
UN Secretary-General arrives in Baghdad and meets Jaafari
The Secretary-General met with Foreign Minister Ibrahim Jaafari in Baghdad
The Sudanese president hopes security and stability will prevail throughout Iraq
Guterres: We hope a government representing all communities in Iraq
Gharabi: Approval of granting loans and advances for the education of Dhi Qar
Al Gharabi stressed the importance of settling the salaries of employees in electronic accounts in order to facilitate the provision of banking services to them, noting that "the bank emphasizes the importance of settling the salaries of employees electronically to facilitate procedures for granting loans and advances and other banking services in accordance with legal regulations."
For his part, the Director General of the Rafidain Bank, according to the statement on "the need to take advantage of electronic banking services and the most important service to pay salaries electronically."
On the other hand, MP Mona Gharabi met with the Director of Education of Dhi Qar Riyad Al-Omari, and it was agreed that the salaries of the Directorate will be paid through the electronic card from Rafidain Bank.
"This step, which came after continuous follow-up, comes within the framework of maintaining public funds and adopting unified standards and standards to ensure justice and transparency for all employees, as well as to improve the banking reality and reach the application of the international standards necessary to upgrade the work of banks," Gharabi said
Iraq is the top priority of the Arab Summit, which is taking place in Jordan today
The issues discussed at the summit include the Palestinian issue, ways to revive the peace process and the anti-terrorism file.
The Jordanian Foreign Minister Ayman Safadi said that the efforts of the current Arab summit held in Jordan to find a solution to the outstanding issues, especially Syria, Iraq and Yemen, stressing during the meeting of foreign preparatory ministers on the importance of Arab consensus.
The summit comes at a time when the worsening crises in the Arab region to the tragic situation of millions in a number of Arab countries, some displaced and some displaced, and others decided to risk immigration to Europe in search of a better life.
The countries of Iraq, Syria, Yemen and Libya are witnessing wars or armed conflicts, while other Arab countries suffer from poor economic conditions that adversely affected the living standards of their population.
Political experts see the Arab summit as an opportunity to contain divisions among university members on a number of important issues.
During the opening session, Jordan's King Abdullah II will take over the presidency from Mauritania's President Mohamed Ould Abdel Aziz.
The morning session will be attended by UN Secretary General Antonio Guterres, EU Foreign Minister Federica Mughrini, OIC Secretary-General Yousef bin Ahmed Al-Othaimeen, the President of the Arab Parliament Meshaal Bin Fahm Al-Salami and AU Commission Chairperson Moussa Faki.
Arab leaders also hold a closed session to discuss a number of issues and issues of concern to the Arab world.
Prime Minister Haider al-Abadi heads Iraq's delegation to the Jordan summit
Parliamentary warnings from the division of Kirkuk
Iraq announces list of projects to be financed by the British loan of 12 billion dollars
Britain has announced on March 5 to lend Iraq 12 billion dollars.
"Britain has agreed to provide 10 billion pounds ($ 12.29 billion) in loans to Iraq to help finance important infrastructure projects," an Iraqi Finance Ministry official told Reuters.
On July 26, the Council of Ministers approved the recommendation of the Economic Affairs Committee on the implementation of the loan agreement with the British government for 10 billion pounds and the formation of a committee to negotiate and submit the draft of the negotiations to the Council of Ministers. To the Committee on the Water Scarcity and Desalination Project
The Board of Commissioners grants a license to establish the Iraqi Islamic Party
The Council of Commissioners of the Electoral Commission on Wednesday granted a license to establish the Iraqi Islamic Party to participate in the upcoming elections.
In a statement received by Alsumaria News, the commission said in a statement that "the council granted today the establishment of the Islamic Party of Iraq in sequence 24," pointing out that "the completion of the said party, which was granted leave for all procedures and application of the instructions issued by the Commission and the rules of conduct in accordance with the provisions of the Parties Law Political legislator by the House of Representatives. "
The Commission reiterated its "call to all parties for the purpose of establishment, which recorded and cut the legal period to complete the registration procedures in preparation for granting them licenses to establish."
The Political Parties Law No. (36) for the year 2015 has been legislated by the Chamber of Deputies and the Commission has started to implement it after it has been published in the official gazette. The political parties that intend to participate in the upcoming electoral elections submitted for the purpose of registration in accordance with the procedures, instructions and rules of conduct issued by the Commission.
Washington is concerned about Iranian influence in Iraq and the Huthi threat
The presence of more than 100,000 Shiite militia fighters complicates the security situation in Iraq, Fotil said at a congressional hearing on Wednesday, and expressed his country's concern about Iran's growing influence in Iraq, with the presence of Shi'ite militias backed by Tehran.
"I share with you the concern about Iran and its long-term intentions in Iraq, especially with more than 100,000 fighters in Shiite militias on the ground. This is an exceptional concern as our forces move forward," he told the House Armed Services Committee.
Abadi meets Saudi king on sidelines of Amman summit
Sadr costs 14 people on his behalf
2017/3/30
3-29-2017 Intel Guru Dr. Clarke It's NOT going to happen on April 1, 2017. It IS going to happen in April, though. This Morning, a very high flock of birds flew overhead, and relayed this information, through the partly cloudy forecast...that has now, become a perfectly Sunny Day. It was a little Windy, but we think we heard them say, that in MAY, there'd be WAY MORE MONEY, available, than ever before...think that's what they said...BOOM - CHAKA - CHAKA - BOOM!
3-29-2017 Newshound Guru Adam Montana Let me just say, it sure is refreshing to have so much positive activity lately! After a fairly long lull in the news, the dinar is back on the move... [ I was personally pleased to see Abadi planning on running again next year. I know there are a lot of articles out the about corruption. What do you think are the chances that most of the corruption will be cleaned up with or before the next election?] Cleaned up? No chance! But that doesn't cause me any concern... Iraq isn't special or unique in regards to "corruption". Corruption exists everywhere, and it certainly did when their $ was over $3. It will continue to exist in the future, without any regard to their currency value.
3-29-2017 Intel Guru Frank26 [Someone is asking the question...he states that as the IQD is given value that Iraq would make all IQD outside of their borders null and void...] ...no the dinars outside of Iraq will not be null and void...we will exchange them...and here in the US we will go to our banks and our banks will send it to the US Treasury...it is not even going back to the CBI...I told you no one cares about you as an investor...if you add us all up we are not even the size of one country that has a lot of dinars in their reserves as foreign currency reserves...the CBI knows darn well that we are going to exchange our currency in the US...
Prime Minister Dr. Haidar Al-Abbadi received a telephone call from US President Donald Trump.
During the meeting, they discussed enhancing relations between the two countries in various fields and the victories achieved on the international support and support for Iraq in the fight against terrorism.
He stressed that cooperation between the two countries must continue, especially in the military field, expressing his admiration for the courage and intelligence of the Iraqi people, who has all the love and respect and that we will eliminate gangs inevitably.
While Dr. Abbadi said that our heroes are achieving successive victories over Daqash, whose defeat has become very close, pointing to the importance of continuing international support for Iraq.
Prime Minister's Media Office
March 30, 2017
In the name of of Allah the Merciful
(And hold the rope of Allah and not dispersed)
His Majesty King Abdullah II, King of Jordan and Chairman of the 28th Arab Summit,
Secretary-General of the Arab League,
Excellencies and Highnesses,
Your Excellencies,
Ladies and Gentlemen,
The importance of this conference comes from the seriousness and sensitivity of the current circumstances facing our countries and the existential terrorist challenges that require us to cooperate and agree on clear mechanisms to confront them and to stop their dangerous repercussions on the future and unity of our countries, security and political and economic stability and communal coexistence in our region.
Our peoples look forward to us today, and we all have to take the responsibility and take the necessary decisions to end the suffering of our peoples living in conflict, war, displacement, poverty and hunger.
We affirm what we have said that terrorism does not exclude any state and therefore we must cooperate and make every effort to preserve the unity of our countries and peoples from disintegration and loss, and to prevent external interference in internal affairs.
We believe that security is one and indivisible, that no safe country can live on its own, and that we are happy to liberate our land and to expel an oppressor who can only be defeated by defeating terrorism in every Arab country facing this danger.
It is the League of Arab States that brings us together with its charters, including the principle of preserving and maintaining the independence of our countries and non-interference in their affairs, as well as seeking closer cooperation between our countries in the political and socio-economic fields.
It is necessary to stand here in the importance of strengthening the status of the Arab League to the Arab citizen, who looks forward to serious decisions that take effect and affirm the credibility of joint Arab action, and help to get the Arab citizen out of the state of frustration that required him.
We must strengthen trust between the citizen and the Arab League institution and be at the level of his aspirations and aspirations.
We call for achieving stability as a strategic goal and ending the differences and side conflicts and thinking about the millions of innocent citizens who are displaced, migrants and displaced persons from various Arab countries who die from the inferno of internal fighting and focus on what serves our present and paints a bright future for our peoples and allows them to live in peace and love. Their homes and opens the doors of hope for a better tomorrow.
The wealth of our nation must be directed to building and reconstruction and the use of advanced technology and work to build a network of economic and trade relations and raise the standard of living and improve health services, educational and environmental and to eradicate poverty, hunger and underdevelopment.
The youth sector represents the most important wealth in the productive and effective human resources in our Arab societies, and we must pay attention to their problems and work hard to launch effective Arab projects to develop their abilities and benefit from their energies in all fields and work to provide jobs that prevent and protect young people from being drawn into extremism of all kinds .
The position of Iraq, which is a founding state of the Arab League, is clear to the constants and major issues, foremost of which is the Palestinian issue. We believe that terrorism, extremism and preoccupation with internal conflicts have led to diverting things from their proper course, wasting efforts and sacrificing priorities.
I also call for a united Arab position on any violation of the national sovereignty of Iraq or any Arab country, and not to allow it to be considered a red line in our relations with States. Our relations with all countries should be based on trust, non-interference, respect for sovereignty.
Dear brothers :
Iraq is a united country more than ever before. Without this unity and cohesion, we would not have been able to liberate our lands and inflict the greatest defeat on a gang that would support the criminal. Our army is welcome and comforted by the presence of all our people in all the provinces and the spare fighters are saving their lives from civilians. The territory of his territory under the control of a preacher, has been liberated and won, and we have delivered to our people what we pledged to liberate the entire cities and territories of the preacher.
All Iraqis participate in these victories, and from different religions, nationalities and sects stand together in the battle to defend their homeland. This defense is supported by religious authorities and religious scholars of all denominations.
That the Mujahedeen carried out a major deception when falsely and falsely claimed to defend the Sunnis but in fact killed Shiites, Sunnis, Christians, Yazidis, Arabs, Kurds and Turkmens, and its crimes included the entire Iraqi spectrum and the destruction of monuments, mosques and churches.
This is a subversive project to dismantle our countries and societies first and to increase the culture of hatred for Arabs and Muslims in other countries of the world. We must pay attention to this plan, which is being implemented on the ground and to confront it with all force.
We have paid a heavy price for sectarian hatred and incitement. We demand that our Arab brethren help us eliminate the discourse of discrimination and hatred, and that speech and media support the unity of our peoples and not cause death and destruction.
We face terrorism that targets civilians with booby-trapped cars, suicide bombers, organized crime gangs that break the law, face administrative and financial corruption, and differentiate terrorism, corruption and organized crime. Some complement one another, all of which represent a common enemy and challenge.
We are working to extend the rule of law throughout Iraq and to hold arms with the state and eliminate all armed manifestations. In spite of all the difficult challenges and financial crisis we faced as a result of the decline in world oil prices, we continued the liberalization and arming of our forces as we continued to implement our comprehensive reform program in its political, economic and societal aspects, which is no less difficult than the other challenges, but we have taken important steps and we are determined to implement it Challenges. With the help of the international community, we have begun implementing the program to restore the displaced people to their liberated cities and put in place an integrated program to restore stability and services to them. We call on all Arab countries to participate in the reconstruction and stability efforts in these cities.
Iraq is on the verge of a new phase after the elimination of the expulsion and expulsion outside our borders, a stage not only Iraq, but includes all the Arab countries, which must cooperate and unite their efforts and exchange intelligence to prevent the return of the call or spread to other countries.
I salute the Iraqi forces of all kinds, formations and names that continue to advance in Mosul. I salute the precious sacrifices made by the courageous Iraqi people. I salute the Peshmerga, the popular crowd, the volunteers, the local fighters and the tribesmen, and salute the lives of martyrs and wounded and their honorable families.
We look forward to a new era of peace, stability, secure coexistence and economic prosperity for all our nations and peoples and close cooperation in all fields.
Peace, mercy and blessings of God
Dr. Haider Abadi
Prime Minister
The Republic of Iraq
29/3/2017
3--Prime Minister Dr. Haidar Al - Abadi meets Saudi King Salman bin Abdul Aziz March 29, 2017
4--Prime Minister Dr. Haidar al - Abadi meets the Amir of Kuwait Sheikh Sabah Al - Ahmad Al - Jaber Al - Sabah March 29, 2017
E--Prime Minister Dr. Haider Abadi meets with the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, March 29, 2017
Pictures .. Sleeping at the Arab Summit
URGENT UN chief arrives in Iraq
2017/3/30 9:31
UN Secretary-General Antonio Guterres arrived in Iraq on Thursday morning to discuss the humanitarian situation of civilians on the ground.
The arrival of the first batch of Korean (T50) aircraft to Iraq
The arrest of 11 thugs disguised in Mosul
Security forces arrested 11 terrorists in gangs who were hiding among civilians on the left side of Mosul.
He pointed out that "taking legal action against them came this process after receiving accurate intelligence about hiding among citizens in liberated areas."
Video .. advocates use civilians as human shields
A video of a march aircraft of the security forces revealed how gangsters are being forced to call on civilians to use them as human shields.
"I spotted one of the terrorists using a child by force to escape the fire of our sniper in the old city of Mosul, and we issued an order not to shoot for fear of the child being wounded," he said.