Word on the Street Monday 4/17/17:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,180.0000 | 1,141.2000 | 1,142.7000 | | 08:11 |
| USD/VND | | | 22,360.0000 | 22,329.0000 | 22,360.0000 | | 03:10 |
| USD/CNY | | | 6.8909 | 6.8595 | 6.8909 | | 08:26 |
| USD/KWD | | | 0.3047 | 0.3041 | 0.3042 | | 08:20 |
| GBP/USD | | | 1.2557 | 1.2531 | 1.2536 | | 08:26 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,291.0000 | 13,249.0000 | 13,284.0000 | | 08:16 |
CNBC Link: http://www.cnbc.com/markets/
CNBC Morning Squawk Link: https://view.response.cnbc.
DC NY Iraq Articles:
Defendants of the defense are demonstrating in central Baghdad
A reporter for the "Journal News", "The hundreds of soldiers renewed their contracts in the Ministry of Defense demonstrated this morning in front of the old recruitment building in the Alawi to return to their jobs."
He added that "the demonstrators gathered against the backdrop of the government condones the Barghm to their jobs, according to them," pointing out that "officials have not responded to the demonstrators so far."
The National Alliance discusses negotiations with the Kurds and denounces the insulting of Iraqi religious and political symbols in Jordan
Date of release: 2017/4/16 9:12 • 267 times read
(Baghdad: Al Furat News) Discussed the leadership of the National Alliance, the formation of a negotiating committee with the Kurds, "denouncing" insult to the symbols of religious and political Iraqi in Jordan.
"The meeting discussed the issues on the agenda, which include the political situation at the national level and the relationship of the National Alliance with the rest of the Iraqi components and the formation of the negotiating committee with the Kurds and to specify the purpose and objectives desired by the Committee and its negotiating ceilings, as well as discussion Ways of dialogue with other parties and the mechanism for selecting the new rotating leadership of the National Alliance. "
The meeting also discussed "the upcoming regional tour of the delegation of the National Alliance to define the reality of Iraq after the victory over the supporter of the terrorist, and condemned the leadership to expose images of religious and political symbols of insult in Jordan
The meeting also discussed "the upcoming regional tour of the delegation of the National Alliance to define the reality of Iraq after the victory over the supporter of the terrorist, and condemned the leadership to expose images of religious and political symbols of insult in Jordan
Transport is looking with justice to speed up the issuance of land titles to the employees of the ministry
Release date: • 2017/4/16 14:05 • 9 times read
BAGHDAD (Reuters) - Transport Minister Kazem Vajan al-Hammami on Sunday discussed with Justice Minister Haider al-Zamili the speed of issuing ownership deeds to beneficiaries of land distribution distributed recently by the ministry.
"The ministry will do its utmost to distribute the land to all employees, because this is one of its priorities in providing the elements of a good life for employees," Hamami said in a statement to the ministry.
For his part, the Minister of Justice vowed to "simplify the procedures of ownership and accelerate the stages of completion of the distribution of land plots, which provides generous services to employees under the law of sale and lease of state property."
Al-Zamili urged the Director of Basra Real Estate Registration to expedite the completion of real estate transactions received from port, marine and rail employees.
On the other hand, the issue of guessing the prices of plots was discussed and the minister asked to "deal with the issue at the lowest cost of service to the employee
For his part, the Minister of Justice vowed to "simplify the procedures of ownership and accelerate the stages of completion of the distribution of land plots, which provides generous services to employees under the law of sale and lease of state property."
Al-Zamili urged the Director of Basra Real Estate Registration to expedite the completion of real estate transactions received from port, marine and rail employees.
On the other hand, the issue of guessing the prices of plots was discussed and the minister asked to "deal with the issue at the lowest cost of service to the employee
The Municipality of Baghdad: The next flower festival will differ from its predecessors in form and participation
Date of release: • 2017/4/16 12:06 • 65 times read
(Baghdad: Al-Furat News) Baghdad Municipality confirmed that the Baghdad International Flower Festival in its ninth edition will be different from its predecessors in terms of form and participation.
"The Supreme Organizing Committee of the festival chose a large area of Al Zawra Park to give more space and wider freedom to the participants in the festival to draw designs of roses according to distinctive geometric shapes," a statement of the secretariat said.
"The festival, which is due to kick off on April 27, will be attended for the first time by the trustees of several capitals from Arab and foreign countries and will include special events throughout the duration of his stay."
The Municipality of Baghdad confirmed that "the engineering and technical staffs in the 14 municipal departments and the parks and afforestation department race against time and work late in the night to complete their work with distinctive designs to beautify the green space chosen for its establishment and allow more space to transport Baghdadi families and visitors from all over Iraq to enjoy this carnival Annual and see a variety of home garden designs. "Finished
"The festival, which is due to kick off on April 27, will be attended for the first time by the trustees of several capitals from Arab and foreign countries and will include special events throughout the duration of his stay."
The Municipality of Baghdad confirmed that "the engineering and technical staffs in the 14 municipal departments and the parks and afforestation department race against time and work late in the night to complete their work with distinctive designs to beautify the green space chosen for its establishment and allow more space to transport Baghdadi families and visitors from all over Iraq to enjoy this carnival Annual and see a variety of home garden designs. "Finished
State of Law: America is pushing the Baath into the political arena
Independent bloc affiliated with the state of law warned the United States of "imposing Baathist figures on the Iraqi political process."
The head of the bloc, "Sadiq al-Laban" in a statement to the "Journal News" that "the US administration is dealing with the dual political scene in Iraq, can not accept the Baath in the political process, especially those who stained his hand with the blood of Iraqis."
"The US administration is seeking to collect these figures and put forward a region in the region through intensive dialogues to implement its plan for division, pointing out that the Iraqi people reject those figures that have harmed Iraq."
An informed source confirmed that "the American administration is meeting today, Baathist figures from Iraq in an attempt to lure them into the political process after the salvation of the preacher."
Kauaihn Iraq Articles:
Turkey: Referendum on turning the system into a presidential and a division of the people
Editorial Date: 2017/4/16 11:12 • 67 times read
The Turks began voting on Sunday in a historic and decisive referendum on constitutional amendments aimed at strengthening the authority of President Recep Tayyip Erdogan, who is likely to move the country from the parliamentary system to the presidential one.
More than 55 million voters vote in the referendum, preceded by feverish propaganda campaigns by the country's ruling Justice and Development Party (AKP), as well as opponents who see the move as a "coup" on parliamentary democracy in the country.
Opinion polls gave a narrow lead to the yes-vote camp, which would lead to a strong presidency replacing Turkey's parliamentary democratic system, and Erdogan could remain in power until at least 2029.
The outcome will also determine Turkey's tense relations with the EU.
NATO member Turkey has reduced the influx of immigrants, particularly war refugees in both Syria and Iraq, into the European Union, but Erdogan says he may review the deal after the referendum.
Erdogan and his supporters say the amendments are needed to reform the current constitution, drafted by generals in the wake of a 1980 military coup, to meet Turkey's security and political challenges and to avoid fragile coalition governments in the past.
Opponents say it is a step toward increasing tyranny in a country where some 40,000 people have been arrested and 120,000 dismissed or suspended in a campaign following a failed coup last July, drawing criticism from Turkey's Western allies and rights groups.
Relations between Turkey and Europe deteriorated to a low level during the referendum campaign when European Union countries, including Germany and the Netherlands, banned Turkish ministers from organizing rallies to support the amendments.
Erdogan described the moves as "Nazi acts" and said Turkey could reconsider relations with the EU after many years of seeking to join him
Opinion polls gave a narrow lead to the yes-vote camp, which would lead to a strong presidency replacing Turkey's parliamentary democratic system, and Erdogan could remain in power until at least 2029.
The outcome will also determine Turkey's tense relations with the EU.
NATO member Turkey has reduced the influx of immigrants, particularly war refugees in both Syria and Iraq, into the European Union, but Erdogan says he may review the deal after the referendum.
Erdogan and his supporters say the amendments are needed to reform the current constitution, drafted by generals in the wake of a 1980 military coup, to meet Turkey's security and political challenges and to avoid fragile coalition governments in the past.
Opponents say it is a step toward increasing tyranny in a country where some 40,000 people have been arrested and 120,000 dismissed or suspended in a campaign following a failed coup last July, drawing criticism from Turkey's Western allies and rights groups.
Relations between Turkey and Europe deteriorated to a low level during the referendum campaign when European Union countries, including Germany and the Netherlands, banned Turkish ministers from organizing rallies to support the amendments.
Erdogan described the moves as "Nazi acts" and said Turkey could reconsider relations with the EU after many years of seeking to join him
(The document) Sadr orders the closure of the economic body of the Sadrist movement "immediatel
16-04-2017 10:45 AM The leader of the Sadrist movement, Moqtada al-Sadr, on Sunday, ordered the closure of the economic body of the Sadrist movement immediately, indicating that most of what is happening is within the corruption and manipulation of the people's strength.
Here is the text of his statement:
Deprives and prevents any financial or commercial business of the government ... so the closure of the economic body of the 'Sadrist movement' immediately and without delay.
Most of what is happening is within the corruption and manipulation of the strength of the people who suffered the two things of financial misconduct in addition to the abuse of our reputation Al-Sadr and especially that their cases benefited from personal use, damaging the public interests of the current and other width of the wall - as they express - and do not forget that all this hurt With the interest of strengthening the Iraqi state. After that God will open his blessings to us and to the reform project, public and private, and pay reform and reformers and help them to succeed and the farmer ...
God grants success .
Then I hope that the government will take strict measures with anyone who violates this decision at all..
Here is the text of his statement:
Deprives and prevents any financial or commercial business of the government ... so the closure of the economic body of the 'Sadrist movement' immediately and without delay.
Most of what is happening is within the corruption and manipulation of the strength of the people who suffered the two things of financial misconduct in addition to the abuse of our reputation Al-Sadr and especially that their cases benefited from personal use, damaging the public interests of the current and other width of the wall - as they express - and do not forget that all this hurt With the interest of strengthening the Iraqi state. After that God will open his blessings to us and to the reform project, public and private, and pay reform and reformers and help them to succeed and the farmer ...
God grants success .
Then I hope that the government will take strict measures with anyone who violates this decision at all..
Jubouri to the Egyptian ambassador: Iraq is keen to expand cooperation with its Arab neighbors
Speaker of the House of Representatives Saleem al-Jubouri on Sunday discussed with his Egyptian counterpart Alaa Moussa the latest developments on the Arab and regional levels, the role of Iraq in the face of terrorism and the victories achieved by our heroic forces against the terrorist. .
"The two sides agreed on the need for coordination and cooperation between the two countries to confront the threat of terrorism that threatens the entire world and ways to unify the joint efforts in order to restore security and stability for the peoples of the region," the statement said.
"Iraq is continuing to open new horizons and expand the framework of cooperation with its Arab and regional neighbors, and Egypt has a major role in the region and a positive impact on the Arab issues," he said, pointing out "the importance of economic and trade cooperation between the two countries, .
For his part, the Egyptian ambassador expressed the Egyptian people's respect for the role and sacrifices made by their Iraqi brothers in defending the security and stability of the region by confronting them courageously and defeating it, stressing Egypt's support for the cause of the displaced and the reconstruction of the areas affected by terrorism
"The two sides agreed on the need for coordination and cooperation between the two countries to confront the threat of terrorism that threatens the entire world and ways to unify the joint efforts in order to restore security and stability for the peoples of the region," the statement said.
"Iraq is continuing to open new horizons and expand the framework of cooperation with its Arab and regional neighbors, and Egypt has a major role in the region and a positive impact on the Arab issues," he said, pointing out "the importance of economic and trade cooperation between the two countries, .
For his part, the Egyptian ambassador expressed the Egyptian people's respect for the role and sacrifices made by their Iraqi brothers in defending the security and stability of the region by confronting them courageously and defeating it, stressing Egypt's support for the cause of the displaced and the reconstruction of the areas affected by terrorism
Dozens of local government employees in Basra demonstrate in front of the governorate building
Dozens of employees working in the engineering effort in the local government of the province of Basra, a demonstration in front of the Office of the province, demanding "pay their dues from salaries that have not been paid to them for many months."
A reporter for the "Journal News" that "the police cut the road after the exit of the demonstrators, who demanded payment of dues, demanding the governor of Basra and the provincial council in fairness to their efforts in the service of the province.
It is noteworthy that this demonstration is not the first of its kind has emerged more than once in Basra, but repeated because of lack of response to their demands.
A reporter for the "Journal News" that "the police cut the road after the exit of the demonstrators, who demanded payment of dues, demanding the governor of Basra and the provincial council in fairness to their efforts in the service of the province.
It is noteworthy that this demonstration is not the first of its kind has emerged more than once in Basra, but repeated because of lack of response to their demands.
Discussions with the International Monetary Fund for $840 million
16-04-2017
BAGHDAD (Reuters) - Prime Minister Haidar al-Abadi announced on Sunday that Iraq would resume its discussions with the International Fund for Human Rights on Friday to review Iraq's $ 5.4 billion credit deal, likely to release $ 840 million by next June.
Saleh said that 'an Iraqi delegation headed by the Minister of Finance and Abdul Razzaq al-Issa will go to the US capital Washington this week to discuss the credit arrangement signed by Iraq in 2015, which includes lending Iraq 5.4 billion dollars,' noting that 'Iraq has so far received one billion and a quarter billion Dollars'.
"The delegation will start its meetings with the International Monetary Fund and the World Bank on Friday to three days," Saleh said, likely to 'release $ 840 million by next June'.
The source added that 'the delegation includes in addition to Al-Issa, the Governor of the Central Bank Ali Alaq and officials of the Ministry of Finance, the Ministry of Oil, the Ministry of Planning, the Oil Marketing Company (SOMO), the Central Statistical Organization and the Financial Control Bureau as well as representatives of the Kurdistan Re
Saleh said that 'an Iraqi delegation headed by the Minister of Finance and Abdul Razzaq al-Issa will go to the US capital Washington this week to discuss the credit arrangement signed by Iraq in 2015, which includes lending Iraq 5.4 billion dollars,' noting that 'Iraq has so far received one billion and a quarter billion Dollars'.
"The delegation will start its meetings with the International Monetary Fund and the World Bank on Friday to three days," Saleh said, likely to 'release $ 840 million by next June'.
The source added that 'the delegation includes in addition to Al-Issa, the Governor of the Central Bank Ali Alaq and officials of the Ministry of Finance, the Ministry of Oil, the Ministry of Planning, the Oil Marketing Company (SOMO), the Central Statistical Organization and the Financial Control Bureau as well as representatives of the Kurdistan Re
Chief of Staff discusses joint cooperation with Iraqi military official
(KUNA) - Kuwait's Chief of Staff General Mohammed al-Khader on Sunday discussed with Iraqi Navy Commander General Ahmed Jassim Maaraj and his accompanying delegation on the occasion of his visit to the country ways to develop joint cooperation. The Directorate of Moral Guidance and Public Relations in the General Staff said in a press statement that during the meeting, they discussed issues of mutual interest, especially with regard to the military aspects and ways to develop and strengthen them. The meeting was attended by Kuwaiti naval force commander Khalid Ahmed al-Kandari.
Tish:
Governor of the Central Bank: To cancel the dollar sale window, if canceled to become exchange rate 3 or 4 thousand and perhaps more /Ghassan al-Qadi
The governor of the Central Bank of Iraq on the right to stop selling the dollar through the window selling currencies in the bank will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing that the central bank is obliged to carry out this task, even if reluctant to perform this role to collapse the financial situation in Iraq.
Al-Alak said in an interview with the envoy of the agency "Economy News" on the sidelines of the annual conference of the Union of Arab Banks, which was held in Beirut recently to close the dollar sale window to become dollar exchange rate between 3 and 4 thousand dinars, and perhaps more.
"The governor will also be forced to cancel the window to print trillions of Iraqi dinars annually to cover the local need for dinars, which will lead to the collapse of the Iraqi currency because of inflation, or known as excessive cash.
On the prospects of floating the Iraqi dinar like other countries in the region, said the relationship is not on the current situation, and we are working on the liberalization of the process and not float, and the difference between the big
He denied the existence of a currency auction in the Central Bank, but the window of sale of foreign currency, stressing that the central mediator between the Ministry of Finance and the public is nothing but.
Turning to the experiences of Lebanon and Jordan, in the field of maintaining the stability of their currencies, explaining that the situation in Iraq is different
He noted that the solution in Iraq lies in reducing the demand for the dollar by correcting the structure of the Iraqi economy, not by refraining from selling the dollar.
The governor stressed the central bank's efforts to settle salaries of employees in private banks, stressing the existence of a trend to settle all salaries of Iraqi employees during the next year 2017 in banks.
The governor of the Central Bank welcomed any request to host the House of Representatives, stressing the importance of meeting with Parliament, based on the fact that monetary policy is a specialized issue can not be addressed from afar, or through skirmishes and inaccurate analyzes.
The text of the dialogue with the governor will be published in the forthcoming issue of the Iraqi Banks Magazine issued by the Association of Iraqi Private Banks
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
GLOBAL/NEWS/INFO
This trick lets you extend the warranty on your smartphone or laptop from 1 to 2 years for free
Business Insider UK
AppleCare+ can sometimes be a lifesaver, but it is, every time, annoyingly expensive. And yet even with the high price, when you are staring at your shiny new MacBook in the Apple Store and the salesperson reminds you it can break, many of us cave. "OK, yes, I would like to buy AppleCare+." It doesn't have to be that way. There's a simple trick you can use to get your manufacturer's warranty extended from one year to two years — and it doesn't cost you a cent. This trick not only works with Read the full story
The IRS is using private debt collectors again — and it won't end well
Business Insider
The Internal Revenue Service building in DC Win McNamee/Getty Images Last year, Congress authorized the Internal Revenue Service to use private debt collectors to go after unpaid tax liabilities-and this month, if you are one of the unfortunate, you may have already had the pleasure first-hand. The U.S. Treasury hopes to assign up to 1,000 delinquent accounts a month to each of four different companies, which will be able to keep 25 percent of the tax bills they collect. We've been here Read the full story
You are probably paying more in taxes than you should
Business Insider
Receipt bundles of a small business owner. Springtime brings many things, from proverbial showers to birds chirping and warmer weather. It also signals tax season is upon us once more. Every year 140 million US taxpayers spend countless hours gathering receipts and statements, filling out a variety of schedules and forms, and submitting their 1040s and various other supporting documents to the Internal Revenue Service. This year the deadline is April 18. As an economist, I wondered whether this Read the full story
Why it's not smart to get a big tax refund each year
USA TODAY
Here’s how you can make sure you boost your bottom line by not overpaying your taxes. Read the full story
OIL / COMMODITIES / ENERGY
Most oil producers want extension of output cuts: Iran minister
Reuters
Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian Oil Minister Bijan Zanganeh was quoted as saying. Read the full story
Strong Indicators Give Boost to Oil Price
OILMAN Magazine
The price of oil received a boost after an April 11 announcement by the two largest oil-producing nations revealed that they were considering continuing production cuts. Their announcement, coupled with a decrease in the overall level of crude stocks in the U.S., helped feed into the price gains. Reports were circulating on Tuesday that Saudi... Read the full story
Industry Body Seeks Clarity On E-Commerce Under GST
NDTV
Assocham said it fears futures and commodity exchanges may get treated as electronic marketplaces even though derivatives trading means no delivery of actual goods. Read the full story
BANKS / BANKING
GLOBAL/NEWS/INFO
This trick lets you extend the warranty on your smartphone or laptop from 1 to 2 years for free
Business Insider UK
Business Insider UK
AppleCare+ can sometimes be a lifesaver, but it is, every time, annoyingly expensive. And yet even with the high price, when you are staring at your shiny new MacBook in the Apple Store and the salesperson reminds you it can break, many of us cave. "OK, yes, I would like to buy AppleCare+." It doesn't have to be that way. There's a simple trick you can use to get your manufacturer's warranty extended from one year to two years — and it doesn't cost you a cent. This trick not only works with Read the full story
The IRS is using private debt collectors again — and it won't end well
Business Insider
Business Insider
The Internal Revenue Service building in DC Win McNamee/Getty Images Last year, Congress authorized the Internal Revenue Service to use private debt collectors to go after unpaid tax liabilities-and this month, if you are one of the unfortunate, you may have already had the pleasure first-hand. The U.S. Treasury hopes to assign up to 1,000 delinquent accounts a month to each of four different companies, which will be able to keep 25 percent of the tax bills they collect. We've been here Read the full story
You are probably paying more in taxes than you should
Business Insider
Business Insider
Receipt bundles of a small business owner. Springtime brings many things, from proverbial showers to birds chirping and warmer weather. It also signals tax season is upon us once more. Every year 140 million US taxpayers spend countless hours gathering receipts and statements, filling out a variety of schedules and forms, and submitting their 1040s and various other supporting documents to the Internal Revenue Service. This year the deadline is April 18. As an economist, I wondered whether this Read the full story
Why it's not smart to get a big tax refund each year
USA TODAY
USA TODAY
Here’s how you can make sure you boost your bottom line by not overpaying your taxes. Read the full story
OIL / COMMODITIES / ENERGY
Most oil producers want extension of output cuts: Iran minister
Reuters
Reuters
Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian Oil Minister Bijan Zanganeh was quoted as saying. Read the full story
Strong Indicators Give Boost to Oil Price
OILMAN Magazine
OILMAN Magazine
The price of oil received a boost after an April 11 announcement by the two largest oil-producing nations revealed that they were considering continuing production cuts. Their announcement, coupled with a decrease in the overall level of crude stocks in the U.S., helped feed into the price gains. Reports were circulating on Tuesday that Saudi... Read the full story
Industry Body Seeks Clarity On E-Commerce Under GST
NDTV
Assocham said it fears futures and commodity exchanges may get treated as electronic marketplaces even though derivatives trading means no delivery of actual goods. Read the full story
BANKS / BANKING
Finance officials face shadow of anti-globalism at meeting
USA TODAY
A shift toward nationalism is likely to dominate talks at the gathering of the IMF and World Bank. Read the full story
Why Did Wells Fargo Shares Tumble on Thursday?
The Motley Fool
Shares of Wells Fargo fell more than 3% after the bank reported first-quarter earnings. Read the full story
Credit growth plunges to over 60 year low at 5% in FY17
Business Today
Saddled with high bad debt and weak corporate demand, credit growth plunged to a whopping six-decade low of 5.08 per cent in the financial year 2016-17. Read the full story
Finance ministry expects 6 banks to raise funds via FPO
Livemint
New Delhi: Stock prices on the mend, the finance ministry will nudge at least six public sector banks to hit markets to raise funds and ease the pressure on the exchequer of pumping in capital as per the Indradhanush plan. Read the full story
Finance officials face shadow of anti-globalism at meeting
USA TODAY
USA TODAY
A shift toward nationalism is likely to dominate talks at the gathering of the IMF and World Bank. Read the full story
Why Did Wells Fargo Shares Tumble on Thursday?
The Motley Fool
The Motley Fool
Shares of Wells Fargo fell more than 3% after the bank reported first-quarter earnings. Read the full story
Credit growth plunges to over 60 year low at 5% in FY17
Business Today
Business Today
Saddled with high bad debt and weak corporate demand, credit growth plunged to a whopping six-decade low of 5.08 per cent in the financial year 2016-17. Read the full story
Finance ministry expects 6 banks to raise funds via FPO
Livemint
Livemint
New Delhi: Stock prices on the mend, the finance ministry will nudge at least six public sector banks to hit markets to raise funds and ease the pressure on the exchequer of pumping in capital as per the Indradhanush plan. Read the full story
TREASURIES/ BONDS/ STOCKS
ADX declines on blue chips Sunday
Mubasher
By: Mahmoud Gamal Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) declined on Sunday on blue chips, led by the energy and real estate sectors. The general index dropped 0.64%, or 28.94 points, closing at 4489.20 points. The main … Read the full story
‘Trump trade’ reversal is afoot as money flows to bonds
MarketWatch
As the Trump trade fades, investors continue their flight from U.S. risky assets to plow into bonds, emerging markets and even European equities, according to fund flows data. Read the full story
CURRENCIES
Washington to Scrutinize China’s Trade, Currency Practices Very Closely
Asharq Al-Awsat - English
From ASHARQ AL-AWSAT English. Washington – US President Donald Trump’s administration declined to name any major trading partner as a currency manipulator in a … continue reading Washington to Scrutinize China’s Trade, Currency Practices Very Closely Read the full story
USA
ADX declines on blue chips Sunday
Mubasher
Mubasher
By: Mahmoud Gamal Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) declined on Sunday on blue chips, led by the energy and real estate sectors. The general index dropped 0.64%, or 28.94 points, closing at 4489.20 points. The main … Read the full story
‘Trump trade’ reversal is afoot as money flows to bonds
MarketWatch
MarketWatch
As the Trump trade fades, investors continue their flight from U.S. risky assets to plow into bonds, emerging markets and even European equities, according to fund flows data. Read the full story
CURRENCIES
Washington to Scrutinize China’s Trade, Currency Practices Very Closely
Asharq Al-Awsat - English
Asharq Al-Awsat - English
From ASHARQ AL-AWSAT English. Washington – US President Donald Trump’s administration declined to name any major trading partner as a currency manipulator in a … continue reading Washington to Scrutinize China’s Trade, Currency Practices Very Closely Read the full story
USA
Five things to look out for in American economics this week
The Independent
You always learn by going to a place, so after a week in the US, I’m looking at five of the things that will tell us about the health and direction of the world’s largest economy in the near future. Read the full story
Finland named world's safest country but the UK and US rank BELOW Zimbabwe
The Sun
FINLAND has been named the safety country in the world - 77 places ahead of Britain which is considered more dangerous than ZIMBABWE. The northern European country saw off the United Arab Emirates, Iceland and Oman, which finished second, third and fourth respectively. Incredibly, Britain could only manage to claim 78th place - behind Zimbabwe,... Read the full story
Plosser: Trump's Policies Could Bump U.S. Economy
Fox News
Former Philadelphia Federal Reserve President Charles Plosser discussed the state of the US economy and the potential impact of President Trump's policies as well as the shift in Federal Reserve policy. Read the full story
EMERGING MARKETS
Brazil's Odebrecht paid $3.3 billion in bribes over a decade: reports
Reuters
Odebrecht SA [ODBES.UL], the Brazilian engineering company at the center of a historic corruption scandal, paid out a total of about $3.3 billion in bribes in the nine years through 2014, according to testimony cited by local media on Saturday. Read the full story
MIDDLE EAST
Egyptian MoF aims at lowering deficit to 9% of GDP
Mubasher
Cairo - Mubasher: The Egyptian government seeks cutting the 2017-2018 budget deficit to around 9% of the gross domestic product (GDP), said the minister of finance, Amr El-Garhy. El-Garhy added in a statement on Sunday that this rate comes in … Read the full story
UAE excise tax may exceed 50% in 2017 - Expert
Mubasher
Abu Dhabi – Mubasher: The UAE is expected to introduce an excise tax during 2017, as part of the GCC's unified treaties for the value-added tax (VAT) and excise tax, which were approved in June last year, Arabian Business reported on Sunday. “The … Read the full story
Anticipation to dominate UAE markets as results continue – Analysts
Mubasher
By: Mahmoud Gamal Dubai – Mubasher: Last week’s state of caution and anticipation is likely to continue in the UAE markets on Sunday and throughout the week as companies continue to report financials for the first quarter of the year, analysts … Read the full story
Rouhani Enters Iran Election Race Focused on His Economic Record
Bloomberg
Iran’s President Hassan Rouhani will seek a second term, ending weeks of speculation by joining an election field with hardliners including his predecessor Mahmoud Ahmadinejad and cleric Ebrahim Raisi, who’s seen as his most credible challenger. Rouhani, the 68-year-old moderate cleric who prioritized engagement with the West and was the architect of Iran’s 2015 nuclear deal, registered for the May 19 poll at the interior ministry on Friday. Raisi, a close ally of Supreme Leader Ayatollah Ali Read the full story
GCC market investors remain cautious amid geopolitical developments – Analysts
Mubasher
By: Mahmoud Gamal Mubasher: Caution will continue to be dominant theme across GCC stock markets this week, after global markets fell last week on the back of US-led airstrike on Afghanistan as well as the ongoing tension between the US and North … Read the full story
Five things to look out for in American economics this week
The Independent
The Independent
You always learn by going to a place, so after a week in the US, I’m looking at five of the things that will tell us about the health and direction of the world’s largest economy in the near future. Read the full story
Finland named world's safest country but the UK and US rank BELOW Zimbabwe
The Sun
The Sun
FINLAND has been named the safety country in the world - 77 places ahead of Britain which is considered more dangerous than ZIMBABWE. The northern European country saw off the United Arab Emirates, Iceland and Oman, which finished second, third and fourth respectively. Incredibly, Britain could only manage to claim 78th place - behind Zimbabwe,... Read the full story
Plosser: Trump's Policies Could Bump U.S. Economy
Fox News
Fox News
Former Philadelphia Federal Reserve President Charles Plosser discussed the state of the US economy and the potential impact of President Trump's policies as well as the shift in Federal Reserve policy. Read the full story
EMERGING MARKETS
Brazil's Odebrecht paid $3.3 billion in bribes over a decade: reports
Reuters
Reuters
Odebrecht SA [ODBES.UL], the Brazilian engineering company at the center of a historic corruption scandal, paid out a total of about $3.3 billion in bribes in the nine years through 2014, according to testimony cited by local media on Saturday. Read the full story
MIDDLE EAST
Egyptian MoF aims at lowering deficit to 9% of GDP
Mubasher
Mubasher
Cairo - Mubasher: The Egyptian government seeks cutting the 2017-2018 budget deficit to around 9% of the gross domestic product (GDP), said the minister of finance, Amr El-Garhy. El-Garhy added in a statement on Sunday that this rate comes in … Read the full story
UAE excise tax may exceed 50% in 2017 - Expert
Mubasher
Mubasher
Abu Dhabi – Mubasher: The UAE is expected to introduce an excise tax during 2017, as part of the GCC's unified treaties for the value-added tax (VAT) and excise tax, which were approved in June last year, Arabian Business reported on Sunday. “The … Read the full story
Anticipation to dominate UAE markets as results continue – Analysts
Mubasher
Mubasher
By: Mahmoud Gamal Dubai – Mubasher: Last week’s state of caution and anticipation is likely to continue in the UAE markets on Sunday and throughout the week as companies continue to report financials for the first quarter of the year, analysts … Read the full story
Rouhani Enters Iran Election Race Focused on His Economic Record
Bloomberg
Bloomberg
Iran’s President Hassan Rouhani will seek a second term, ending weeks of speculation by joining an election field with hardliners including his predecessor Mahmoud Ahmadinejad and cleric Ebrahim Raisi, who’s seen as his most credible challenger. Rouhani, the 68-year-old moderate cleric who prioritized engagement with the West and was the architect of Iran’s 2015 nuclear deal, registered for the May 19 poll at the interior ministry on Friday. Raisi, a close ally of Supreme Leader Ayatollah Ali Read the full story
GCC market investors remain cautious amid geopolitical developments – Analysts
Mubasher
Mubasher
By: Mahmoud Gamal Mubasher: Caution will continue to be dominant theme across GCC stock markets this week, after global markets fell last week on the back of US-led airstrike on Afghanistan as well as the ongoing tension between the US and North … Read the full story
AFRICA
South Sudan: Kiir Signs Suspicious Oil Agreements to Turn Around Fortunes of Economy
AllAfrica
The South Sudanese government is signing deals with suspected wheelerdealers, some of whom may be out to take advantage of Juba's financial crisis. In less than four months, President Salva Kiir, who is presiding over a cashstrapped economy torn apart by a conflict that is teetering towards genocide, has received offers from agents of established companies, organisations and non-descript financing groups, all dangling deals worth billions of dollars that critics warn will mortgage the country Read the full story
A judge in South America's biggest city says Uber drivers are employees
Business Insider
An Uber driver holds his cellphone, showing the queue to pick up passengers departing Guarulhos International Airport in São Paulo. Uber said it would appeal the decision on Tuesday by Judge Eduardo Rockenbach Pires at the regional labor court in Sao Paulo, which was made public in recent days. "By connecting drivers and users, Uber creates thousands of flexible opportunities for generating income," the company said in a statement. Pires ordered Uber to pay the driver 80,000 reais ($25,000), Read the full story
Why South Africa's political and economic remains a 'very specific story' instead of a global one
CNBC
The curious case of South Africa's political and economic turmoil has been decidedly local, analysts say. Read the full story
ASIA
Trump defends about-face on labeling China a currency manipulator
CNN
President Donald Trump suggested Sunday that his about-face on labeling China a currency manipulator was a strategic move meant to entice the country's cooperation on North Korea. Read the full story
How China is filling the investment vacuum in Africa
RiyadhVision
John Defterios By : John Defterios :: After living with my family in the UAE for six years, it was high time to take advantage of the reach of Gulf airlines and pursue an African safari. The goal was a simple one, to see the “Big Five”: Lions, cheetahs, leopards, rhinos and elephants. The destinations were two of Kenya’s natural treasures: The Maasai Mara National Reserve and Lake Nakuru in the heart of the sprawling Rift Valley. Our journey, thanks in large part to our highly knowledgeable Read the full story
AFRICA
South Sudan: Kiir Signs Suspicious Oil Agreements to Turn Around Fortunes of Economy
AllAfrica
AllAfrica
The South Sudanese government is signing deals with suspected wheelerdealers, some of whom may be out to take advantage of Juba's financial crisis. In less than four months, President Salva Kiir, who is presiding over a cashstrapped economy torn apart by a conflict that is teetering towards genocide, has received offers from agents of established companies, organisations and non-descript financing groups, all dangling deals worth billions of dollars that critics warn will mortgage the country Read the full story
A judge in South America's biggest city says Uber drivers are employees
Business Insider
Business Insider
An Uber driver holds his cellphone, showing the queue to pick up passengers departing Guarulhos International Airport in São Paulo. Uber said it would appeal the decision on Tuesday by Judge Eduardo Rockenbach Pires at the regional labor court in Sao Paulo, which was made public in recent days. "By connecting drivers and users, Uber creates thousands of flexible opportunities for generating income," the company said in a statement. Pires ordered Uber to pay the driver 80,000 reais ($25,000), Read the full story
Why South Africa's political and economic remains a 'very specific story' instead of a global one
CNBC
CNBC
The curious case of South Africa's political and economic turmoil has been decidedly local, analysts say. Read the full story
ASIA
Trump defends about-face on labeling China a currency manipulator
CNN
President Donald Trump suggested Sunday that his about-face on labeling China a currency manipulator was a strategic move meant to entice the country's cooperation on North Korea. Read the full story
How China is filling the investment vacuum in Africa
RiyadhVision
RiyadhVision
John Defterios By : John Defterios :: After living with my family in the UAE for six years, it was high time to take advantage of the reach of Gulf airlines and pursue an African safari. The goal was a simple one, to see the “Big Five”: Lions, cheetahs, leopards, rhinos and elephants. The destinations were two of Kenya’s natural treasures: The Maasai Mara National Reserve and Lake Nakuru in the heart of the sprawling Rift Valley. Our journey, thanks in large part to our highly knowledgeable Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Monday, April 17, 2017 did update on the indicative rates
The currency auction is 161,069,150
There are two news and announcements for Sunday, April 16, 2017 as follows and no news and announcements on Monday April 17, 2017:
Prices of gold coins and bullion to be sold on Tuesday, 2017/4/18 See Article Below
2017/4/16
Governor of the Central Bank participates in the workshop to combat money laundering and terrorism financing
2017/4/16
2017/4/16
Governor of the Central Bank participates in the workshop to combat money laundering and terrorism financing
2017/4/16
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail AlalakSaturday 15 April 2017 In a workshop organized by the Economy and Business GroupIn cooperation with Iraqi and Arab banks, and confirmed sovereigntyDuring a speech at the openingThe workshop held in Baghdad "The trend to prepare a solid base to address whitening"Money is very important and contributes to building a sound financial sector," he saidMoney laundering and terrorism financing are a subject of local and international interest and we work onBuild valid rulesBy adopting international standards that govern financial action and constitute immunityTo the banking sector and prevent money laundering.Mr. Mohieldin pointed out the importance of local and international efforts to work togetherCoordinate working mechanisms to achieve objectives that prevent such practices from occurringaDrK.M,TaDrasTSNoaFtoTEMIt is important to build sound rules using the latestTechnology and coordination among all concerned parties to control thisDiseases and prevent their spread through a road map to be put in place to coordinate the workBetween all parties.
Central publishes the table prices of bullion and gold coins and raises prices. picture
(Independent) - The Central Bank of Iraq published a schedule of prices of bullion and gold coins for the current week, while raising prices for the current week.
And between the table that a coin of 15 grams amounted to 740 thousand dinars and an increase of 10 thousand dinars from last week, while the price of the alloy 5-gram 256 thousand dinars and an increase of 3 thousand dinars, adding that the price of a 15-gram barrel amounted to 759 thousand dinars, 11 thousand dinars for last week.
The price of a 25-gram alloy reached 1.283 million dinars, an increase of 27 thousand dinars, while the price of alloy 50 g 2.570 million dinars and an increase of 34 thousand dinars from last week.
ISX Update:
Sunday
Value Traded
821,072,273
Shares Traded
1,176,799,601
ISX ended in Red
Monday
Value Traded
450,280,115
Shares Traded
586,045,073
ISX ended in Red
Kauaihn Chatter:
4-17-2017 Newshound/Intel Guru BGG [...what your thoughts on that no float....I did some research and there are advantages and cons about a pegged rate. I read if theyd come out low it will help with trade but on the other hand it could raise inflation.] Not could - will...it would start an inflationary trend that might not be easy to stop. IMHO - it will be a "managed float" - meaning: it will look so much like a fixed rate - it might as well be fixed.
4-16-2017 Newshound Guru Stryker Article: "Iraq resumes next Friday talks with the International Monetary Fund and the World Bank" What makes this so interesting is that everyone is meeting in Washington after they already had 12 day meeting in Amman just last month.
4-16-2017 Newshound Guru Breitling …They are talking about being at about a billion notes. And what does that billion notes represent? 11 Billion 600 million dinars…the General who actually took the old Saddam Hussein notes out of circulation and put the new dinar that you and I have in circulation...He did an interview. He was asked, “What’s Iraq’s goal?” Get back to $3.25…and get the note count down to a billion. And they are on track to be able to do that. (That doesn’t mean they are going to come out at $3 the next day…cause it would be instantly too expensive to do business with Iraq.) But they are there…that’s what the report was about…I’ve been looking at this for about two weeks but I wanted to make doubly sure. What they are saying is the Central Bank actually has more than a billion…but what’s in circulation? About a billion notes which reduces it to about 11 billion dinar. That is remarkable. You should be very very happy and it should play into you having a great Easter weekend! [Post 2 of 2]
4-16-2017 Newshound Guru Breitling …Think about all the numbers we’ve been watching over the years…we knew what we needed to look for…We always talked about the note count. The note count has to be going down. At it’s peak when I got into the dinar…it was 15 trillion dinar…NOT NOTES…dinar. The max Iraq has had is 9 Billion notes which represented about 30 trillion dinar. So what does that mean? If you have 1 note that’s worth 25k and one note that’s worth 10k, you can see how there are more dinar than there are notes and that’s why we need to be able to parse those numbers to understand exactly what’s going on. But the total was 30 trillion dinar out there and they brought that number down by reducing the note count. So what are we at today? [Post 1 of 2 Stay tuned for the rest of the story]
4-16-2017 Newshound Guru Breitling …They are talking about being at about a billion notes. And what does that billion notes represent? 11 Billion 600 million dinars…the General who actually took the old Saddam Hussein notes out of circulation and put the new dinar that you and I have in circulation...He did an interview. He was asked, “What’s Iraq’s goal?” Get back to $3.25…and get the note count down to a billion. And they are on track to be able to do that. (That doesn’t mean they are going to come out at $3 the next day…cause it would be instantly too expensive to do business with Iraq.) But they are there…that’s what the report was about…I’ve been looking at this for about two weeks but I wanted to make doubly sure. What they are saying is the Central Bank actually has more than a billion…but what’s in circulation? About a billion notes which reduces it to about 11 billion dinar. That is remarkable. You should be very very happy and it should play into you having a great Easter weekend! [Post 2 of 2]
4-16-2017 Newshound Guru Breitling …Think about all the numbers we’ve been watching over the years…we knew what we needed to look for…We always talked about the note count. The note count has to be going down. At it’s peak when I got into the dinar…it was 15 trillion dinar…NOT NOTES…dinar. The max Iraq has had is 9 Billion notes which represented about 30 trillion dinar. So what does that mean? If you have 1 note that’s worth 25k and one note that’s worth 10k, you can see how there are more dinar than there are notes and that’s why we need to be able to parse those numbers to understand exactly what’s going on. But the total was 30 trillion dinar out there and they brought that number down by reducing the note count. So what are we at today? [Post 1 of 2 Stay tuned for the rest of the story]
4-16-2017 Newshound Guru chattels Isis ‘minister of war’ is killed by allied airstrike in Mosul. The highest ranking Islamic State commander in Mosul, described as the jihadists’ minister of war, has been killed in an airstrike.4-16-2017 Newshound/Intel Guru BGG Article: "Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more" Article quote: "On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two" that is a BIG ARTICLE...there won't be any FLOAT... (no float). PERIOD.
4-15-2017 Newshound/Intel Guru Mnt Goat Article quote: "Finance ministers and central bank governors from the Group of 20 major economies, known as the G20, are also scheduled to meet on the sidelines of the April 21-23 conference." I personally do not see any RV until after this meeting has taken place. I feel we are on a very good course to see a change sometime in late April. I am not predicting a date but I am only connecting everything we are reading. I am reading hundreds of articles this past week and it is amazing the progress and movement of the Iraq economy.
4-15-2017 Intel Guru Frank26 There was an announcement that by May 1 Iraq is going to be using the electronic system to wire/transfer money into the international theater using electronic dinars. For what reason? Who wants them? We as investors want them...nobody else has any use for them...unless you are going to make them internationally worthy. [BEFORE E-DINAR THEY NEED RATE...] IMO...It is only Logical...For IMO it is not erroneous.
4-15-2017 Intel Gurus Delta and Frank26 FROM IRAQI TV: AUTOMATIC RESERVATION OF IRAQI AIRWAY THROUGH VISA CARD INSIDE AND OUTSIDE IRAQ. Hmmm...Both MC and Iraqi Planes...Going International Now VISA want to as well ...NICE.
4-15-2017 Newshound/Intel Guru Mnt Goat Article quote: "GE and Mass Group Holding (MGH) have successfully commenced simple cycle commercial operations of four advanced GE 9F gas turbines under phase I of the Ministry of Electricity’s(MOE) Baghdad Power Plant in Besmaya." Finally 24 electricity is actually coming to Iraq. ...getting Iraq’s electric grid back up and running with this first power plant is only part of Phase I and much more is to come. Did you ever wonder how all those ATMs...would ever operate without electricity? Did you ever wonder why the CBI would deliver the newer lower denominations to banks across Iraq...what about power needed for bank security systems, computers, or the money changing/exchanging machines...and the BIG move to electronic banking...how would all this work without electricity? Do you get..why this article is so important for the “next Phase” of economic development
4-15-2017 Intel Guru Frank26 There was an announcement that by May 1 Iraq is going to be using the electronic system to wire/transfer money into the international theater using electronic dinars. For what reason? Who wants them? We as investors want them...nobody else has any use for them...unless you are going to make them internationally worthy. [BEFORE E-DINAR THEY NEED RATE...] IMO...It is only Logical...For IMO it is not erroneous.
4-15-2017 Intel Gurus Delta and Frank26 FROM IRAQI TV: AUTOMATIC RESERVATION OF IRAQI AIRWAY THROUGH VISA CARD INSIDE AND OUTSIDE IRAQ. Hmmm...Both MC and Iraqi Planes...Going International Now VISA want to as well ...NICE.
4-15-2017 Newshound/Intel Guru Mnt Goat Article quote: "GE and Mass Group Holding (MGH) have successfully commenced simple cycle commercial operations of four advanced GE 9F gas turbines under phase I of the Ministry of Electricity’s(MOE) Baghdad Power Plant in Besmaya." Finally 24 electricity is actually coming to Iraq. ...getting Iraq’s electric grid back up and running with this first power plant is only part of Phase I and much more is to come. Did you ever wonder how all those ATMs...would ever operate without electricity? Did you ever wonder why the CBI would deliver the newer lower denominations to banks across Iraq...what about power needed for bank security systems, computers, or the money changing/exchanging machines...and the BIG move to electronic banking...how would all this work without electricity? Do you get..why this article is so important for the “next Phase” of economic development
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1 (from PM Abadi's website, both Arabic and English sides)
Prime Minister Dr. Haidar Al-Abadi congratulates the Christians on Easter (Resurrection)
I extend my congratulations and congratulations to the Christian brothers in Iraq and the world on the occasion of their Easter celebrations, which coincides with the great victories achieved by our heroic forces against the terrorist gangs, wishing them happiness and a dignified life in a united Iraq, blessed with all their colors and names. .
Prime Minister's Media Office
Prime Minister's Media Office
April 15, 2017
*************
ARTICLE 2
Masoom congratulates the Christians and affirms the inevitability of the victory of the people's will to build the state
2017/4/16 17:09
(Baghdad: Al-Furat News) President Fuad Masum congratulated the Christians in Iraq and the world on the occasion of the Easter holiday, stressing his confidence in the inevitability of the victory of the free will of the people to build a state
"We congratulate all Christians in Iraq and the world on the occasion of the Easter holiday with the warmest wishes to the celebrants to celebrate Eid Majeed and the days filled with goodness, love and peace," he said in a congratulatory telegram received by the Euphrates News Agency today.
"On this happy occasion, as our armed forces triumph over the remnants of the terrorist gangs and near the completion of the liberation of Mosul, we express the firm belief in the inevitability of the free will of the people to build their free, democratic, federal state, the state of all Iraqis with diverse religions, nationalities and sects."
"We also hope that the days of the Eid will be days to strengthen the bonds of love and harmony among all Iraqis and the occasion to renew the determination to create conditions for the return of those forced by circumstances to migrate, displacement and displacement from their villages and cities and the country of their parents and grandparents under the threat of terror and violence gangs and shameful crimes."
"On this happy occasion, as our armed forces triumph over the remnants of the terrorist gangs and near the completion of the liberation of Mosul, we express the firm belief in the inevitability of the free will of the people to build their free, democratic, federal state, the state of all Iraqis with diverse religions, nationalities and sects."
"We also hope that the days of the Eid will be days to strengthen the bonds of love and harmony among all Iraqis and the occasion to renew the determination to create conditions for the return of those forced by circumstances to migrate, displacement and displacement from their villages and cities and the country of their parents and grandparents under the threat of terror and violence gangs and shameful crimes."
*************
ARTICLE 3
Sadr closes the economic body of the current for corruption and manipulation of the strength of the people
2017/4/16 10:52
[Ayna-Baghdad]
Sadr's leader, Moqtada al-Sadr, ordered the immediate closure of the economic body. "In order to complete the public and private reform project, it is necessary to make a decision that: deprives and prevents any financial or commercial work by the government, so the closure of the economic body of the Sadrist movement immediately and without," Sadr said in a statement to his office. delay".
Sadr said that "most of what is happening is within the corruption and manipulation of the strength of the people who suffered the two things, the poor financial behavior in addition to the abuse of our reputation Al-Sadr, especially as most of them took advantage of personally damaging the public interests of the current and other width of the wall - as they say - and do not forget that all this is in the interest of Strengthening the Iraqi state. "
"After that God will open his blessings to us and the project of public and private reform, and pay reform and reformers and reconcile them to success and prosperity, God bless success."
Sadr said: Then I hope that the government will take strict measures with anyone who violates this decision at all. "
"After that God will open his blessings to us and the project of public and private reform, and pay reform and reformers and reconcile them to success and prosperity, God bless success."
Sadr said: Then I hope that the government will take strict measures with anyone who violates this decision at all. "
***************
ARTICLE 4-A
Masoom: The need to educate the sons of the tribes in the dissemination of civil peace and the success of reconciliation
2017/4/16 16:33
[Ayna-Baghdad]
President Fuad Masoum stressed the importance of educating the tribesmen to work for the adoption and spread of civil peace and the success of community reconciliation in the country and abide by the law.
President Fuad Masoum stressed the importance of educating the tribesmen to work for the adoption and spread of civil peace and the success of community reconciliation in the country and abide by the law.
"President of the Republic Fuad Masum received at the Peace Palace in Baghdad on Sunday a delegation of tribal chiefs and tribal sheikhs from Baghdad and the provinces," a presidential statement received by the All Iraq agency said.
"At the outset of the meeting, Masoom praised the important role of the tribes in confronting Iraq's enemies and defending its sovereignty, pointing out that the history of the honorable tribes is what the Iraqis cherish."
"As a patron of the constitution and keen on the rule of law and reassuring citizens, he stressed the importance of the role of elders, dignitaries and other elites in educating their families and directing them to work for the adoption of civil peace and the success of community reconciliation in the country and abide by the law."
For their part, members of the visiting delegation expressed their "gratitude to the President of the Republic for his interest in their legitimate demands," stressing that "the tribes defend the state project and its civil framework and make efforts to consolidate unity among the people of all components."
"At the outset of the meeting, Masoom praised the important role of the tribes in confronting Iraq's enemies and defending its sovereignty, pointing out that the history of the honorable tribes is what the Iraqis cherish."
"As a patron of the constitution and keen on the rule of law and reassuring citizens, he stressed the importance of the role of elders, dignitaries and other elites in educating their families and directing them to work for the adoption of civil peace and the success of community reconciliation in the country and abide by the law."
For their part, members of the visiting delegation expressed their "gratitude to the President of the Republic for his interest in their legitimate demands," stressing that "the tribes defend the state project and its civil framework and make efforts to consolidate unity among the people of all components."
***************
ARTICLE 4-B
Jubouri and Maasoum hold a meeting with heads of parliamentary blocs
2017/4/17 11:10
[Baghdad: where]
Parliament Speaker Salim al-Jubouri held a meeting with heads of parliamentary blocs in the presence of President Fuad Masum, who is visiting the House of Representatives today.
Parliament Speaker Salim al-Jubouri held a meeting with heads of parliamentary blocs in the presence of President Fuad Masum, who is visiting the House of Representatives today.
*************
ARTICLE 5
ISIS minister of war OBLITERATED in Mosul airstrike
UPDATED: 16:57, Sat, Apr 15, 2017
AN ISIS commander has been obliterated in a coalition airstrike on the war-ravaged Iraqi city of Mosul. Gulmurod Khalimov, the highest ranking ISIS chief in Mosul and described as the jihadists’ minister of war, died when the missile struck in the west of the city last week.
It was the third time in recent months that Khalimov, who was originally from Tajikistan, had been the target of an airstrike, according to an Iraqi military source.
The source said that Khalimov, who received training from US special forces during his time as a colonel in Tajikistan’s army, had been responsible for planning the jihadists’ defence of Mosul and was behind hundreds of car bombings against the coalition.GETTY
He became minister of war for Isis last September after the death of his predecessor, Abu Omar al-Shishani.
He was the terror group’s highest ranking member in Mosul and second only to Abu Bakr al-Baghdadi.
Last August a £2.3 million bounty was put on Khalimov’s head by the US government, which described him as an international terrorist. GETTY
After disappearing from Tajikistan in April 2015, he surfaced the next month in an ISIS video in which he said: “Listen, you American pigs: I’ve been to America three times.
“I saw how you train soldiers to kill Muslims. "You taught your soldiers how to surround and attack in order to exterminate Islam and Muslims.”
*************
ARTICLE 6
Israeli newspaper: Baghdadi in the grip of Russian intelligence
TEL AVIV, April 17 (UPI) - Israeli newspaper Allam Hazeh has reported that Russian special forces, in cooperation with Syrian forces, have arrested Abu Bakr al-Baghdadi, the leader of an outlawed organization.
The newspaper said that "the arrest of al-Baghdadi came during a special operation is very complex," explaining that "Russian intelligence kept silent on the matter on orders of the Russian Supreme Command."
The newspaper pointed out that "Putin wants to attend a surprise to the West upon the completion of investigations with the leader of Dahesh."
It is worth noting that during the past few hours, some reports have been reported that there is a non-natural Russian air traffic at the Syrian air base of Hammamim, whose causes are unknown. Finished
No comments:
Post a Comment