Monday, April 24, 2017

Word on the Street Monday 4/24/17

Word on the Street Monday 4/24/17



Word on the Street  Monday 4/24/17:
 
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,139.7000  1,195.0000 1,139.7000 1,121.9000 1,121.9000  17.8000 07:26
 USD/VND  22,358.0000  23,095.0000 22,715.0000 21,991.0000 21,991.0000  367.0000 07:26
 USD/CNY  6.8846  6.8859 6.8924 6.7710 6.7729  0.1117 07:32
 USD/KWD  0.3039  0.3049 0.3042 0.3033 0.3042  -0.0003 05:46
 GBP/USD  1.2819  1.2820 1.2831 1.2777 1.2826  -0.0007 07:32
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,285.0000  13,291.0000 13,301.0000 13,100.0000 13,100.0000  185.0000 07:13
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,122.5000  1,177.7000 1,122.6000 1,121.9000 1,121.9000  0.6000 02:21
 USD/VND  22,715.0000  22,725.0000 22,715.0000 21,991.0000 21,991.0000  724.0000 05:07
 USD/CNY  6.8856  6.8861 6.8924 6.7710 6.7729  0.1127 05:26
 USD/KWD  0.3039  0.3049 0.3042 0.3033 0.3042  -0.0003 05:25
 GBP/USD  1.2827  1.2831 1.2831 1.2777 1.2826  0.0001 05:26
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,290.0000  13,296.0000 13,301.0000 13,100.0000 13,100.0000  190.0000 05:17
 
 
 
CNBC Morning Squawk Link:
 
DC NY Iraq Articles:
 

US Defense Secretary arrives in Kabul for surprise visit

 
KHANDAN - US Defense Secretary Jim Matisse arrived in Kabul on Monday for a few hours of unannounced visit, the first to arrive in the country since taking office, a Pentagon official told AFP.


The visit comes in the context of a tour of the Middle East and Africa, and comes after the announcement of Afghan Defense Minister Abdullah Habibi and Afghan army chief of staff General Qaddam Shah Shahin resigned over the attack by elements of the Taliban on Friday, and killed more than 130 people in the base Military operation in the north of the country.

Mattis's visit comes 12 days after US troops threw the most powerful bomb in their arsenal of conventional weapons on sites of the underground terrorist "Daqash" in eastern Afghanistan.

The United States, which supports Afghan forces in the anti-terrorism campaign, has kept 8,800 troops in the country and is spearheading NATO operations, which have launched raids on al-Qaeda and Taliban positions and a "push."

During the visit, Matisse will meet officials including Afghan President Ashraf Ghani and his national security adviser.d

A new Kurdish delegation is visiting Baghdad to complete the referendum

April 23, 2017
Baghdad - Journal News
The Kurdistan Democratic Party (KDP) announced on Sunday the visit of a new Kurdish delegation to Baghdad to discuss the outstanding issues and the results reached with the previous delegation, pointing out that the Kurds are independent of Baghdad.
"The delegation that will arrive Baghdad will be political and government to discuss the differences and outstanding issues and the results reached for the previous delegation, which was preparing the ground for the delegation that Will visit Baghdad, which was formed from all parties in the region to discuss the issue of referendum and separation.
"The Kurds are committed to the issue of the referendum and will be discussed with political leaders in Baghdad."
On the visit of the Sadrist delegation to the region, Jaf continued that "the right of the Sadrist movement to visit and discuss with any party in Iraq and that his visit to the region is welcome and did not rule out dry discussion of the issue of separation with the delegation, if Sadr was discussed."

An investment project in Najaf is being sabotaged

Ali Rasooly April 23, 2017
Najaf - Journal News
The Bab Ali residential investment project in Najaf, set up by the investment company GM, on Sunday, was exposed to sabotage by unidentified persons, who burned caravans belonging to the project employees.
The project manager Sami Antoine told the Journal News that "the company after the completion of the caravans of the company's employees from the administrators and engineers found that the caravans burst into flames by an act the next morning."
Antoine added that "some owners of agricultural land adjacent to the project were rejecting the idea of ​​establishing the project and asked to stop the project, but the company confirmed its legal position because it compensated owners of agricultural land on which the project was built."
He added that "some agricultural land near the project is still the dispute over the ownership of the existing but we did not get to those lands until obtaining legal approvals."
For his part, the legal representative of Millennium and GM Investments Ali al-Shaibani, told the "Journal News" that "the company paid large sums to compensate the owners of agricultural land, who have made judicial statements before the court of Badaj Najaf and pledges to the Directorate of the Municipality of Najaf," adding that "some farmers did not "They come to receive compensation because they are opposed to the project."
Shibani said that "the company is ready to pay compensation to any farms within the region is ready to hand over land and certainly we will process compensation according to what was formed by the committee formed in the province of Najaf under the chairmanship of Deputy Governor Talal Bilal and the company known well and does not have any material problems," adding that " The company was losing the impact of the accident was not in the lives, but the losses were limited to material damage.

Who is the fourth chest?

Journal April 23, 2017  Baghdad Journal News
"Ahmed al-Sadr," a name that began to circulate recently, was mentioned in the local Iraqi media, after a series of official meetings conducted by the latter with the heads of the three authorities in the country, legislative, executive and presidential.
The appearance of Ahmed Sadr, days after the leader of the Sadrist movement Moqtada al-Sadr received death threats from the so-called "Trinity" and means "occupation, terrorism and corruption," prompting the delegation of 14 of his assistants with all his powers.
After that, Muqtada al-Sadr wrote to his followers in a commandment that "the rest of the Sadr family" had the right to carry the flag and complete the Sadrist march, which observers interpreted as offering Ahmed al-Sadr to the forefront against the background of this commandment.
The new thorax or fourth chest is:
Ahmed al-Sadr, born in 1986, is the son of Mustafa, the brother of Moqtada al-Sadr, who was assassinated and another brother named Muhammed with their father, the religious authority Muhammad al-Sadr in Najaf in 1999.
After his father was killed under the patronage of the Sadrist leader, he was not considered to be a turban, but went on to study political science until he received a master's degree in political science from Beirut.
In his first appearance, Ahmed al-Sadr emerged as an activist through his Twitter account, calling for fighting corruption and reform, supporting the demonstrations called for by Sadr's leader.
And placed by his uncle Moqtada al-Sadr, at the head of the draft "reform and post-liberation of Mosul," which he launched a while ago, as he authorized to conduct several meetings with the leaders of the Iraqi state
He recently met with Iraqi Prime Minister Haider al-Abadi, handing him copies of the "reform of the elections and the election of reform" project and the post-liberation of Mosul project to Sadr's leader Moqtada al-Sadr.
Earlier, "Ahmed al-Sadr met with Speaker of the House of Representatives Salim al-Jubouri, where he headed a delegation from the political body of the Sadrist movement, to discuss the same reform project, which includes the Electoral Commission in Iraq."
Ahmed al-Sadr has started his political meetings, "a meeting with the President of the Republic of Iraq Fuad Masum, and discussed with him on the terms of the drafts of Muqtada al-Sadr."
Today, he discusses with the "Kurdish parties in the Kurdistan Region the political situation in the country" ... Is the emergence of Ahmed beginning of a fourth

Erbil Funds Kirkuk as Baghdad Fails: Governor

KIRKUK — Kirkuk has been deprived of its financial rights by Baghdad, but the Kurdistan Regional Government (KRG) continues to send funds to the multi-ethnic province, said Kirkuk’s Governor, Najmaddin Karim. 
The oil-rich province of Kirkuk, located in northern Iraq, is home to Kurds, Arabs and Turkmens. Officially, Kirkuk is under the jurisdiction of the Iraqi federal government. 
The KRG is committed to provide his administration with $10 million from the petrodollar funds, even though the central government in Baghdad has failed to share its budget with the province, Karim told reporters on Sunday. 
Kirkuk is hosting thousands of Iraqi internally displaced persons (IDPs) who fled Islamic State (IS) rule in their areas, which has intensified the financial hardships of the province, local officials say.   
Following the IS offensive in Iraq on June, 2014, the Iraqi army having failed to defend the territory and abandoned their posts in Kirkuk, the Peshmerga forces moved in to fill the security gap left by the Iraqi forces.
 
Kauaihn Iraq Articles:

The World Bank commits Iraq to the need for economic reforms   

23-04-2017 04:06 PM
The Euphrates -
The World Bank informed the government delegation that economic reforms are a key necessity for an integrated system to manage the state's fiscal operation at the federal and local level.

The statement, issued by the Ministry of Finance and read by Al-Furat news, said the World Bank report came during a meeting between a team from the World Bank and its representatives in Iraq and an Iraqi delegation headed by the Minister of Finance and Agency Abdul Razzaq Al-Issa and in the presence of Advisor to the Prime Minister appearance of Mohammed Saleh and a number of officials of the Ministry of Finance, Spring of the International Monetary Fund and the World Bank in Washington. "

"World Bank representatives have noted that economic reforms are a key necessity for an integrated system to manage the state's fiscal process at the federal and local level," the statement said.

He added that "the participants explained that the proportion of the task achieved by Iraqi institutions in this area, which gives an appropriate area for the World Bank to support the budget and reconstruction projects within the time limits achieve their objectives required."

According to the statement, the World Bank welcomed the steps of the Iraqi government in the field of resource management and crystallization of reform visions in coordination with international financial organizations and institutions.
:

Trump turns to "Godfather of the Media" weekly for consultation

Ali Rasooly April 23, 2017 Ad

April 23, 2017
Baghdad - Journal News
The New York Times reported on Sunday that US President Donald Trump was discussing with Robert Murdoch, the "media emperor", questions of US policy.
According to the New York Times, "Trump and Murdoch, during their telephone calls are strategic, and they never give concessions to critics."
The newspaper added that "Murdoch encourages Trump when the latter succumbed to despair, and calls on him to focus on the economy, and not to look at other issues."
"Trump's dealings with people are central to both personal success and loyalty, and Murdoch is characterized by both.

The Arab League is in a "historic crisis" for Iraq and Syria

April 23, 2017 Baghdad - Journal News
Arab League Secretary-General Ahmed Aboul Gheit said on Sunday that the university is currently experiencing the most difficult period in its history as a result of the destruction of Arab countries such as Iraq and Syria in six years, in reference to the loss of countries in full and others threatened with loss.
Abul-Gheit, at the celebration of the Faculty of Economic Studies and Political Science at the University of Alexandria, on the occasion of the celebration of the Diamond Jubilee of the University of Alexandria and the passage of 72 years of the establishment of the League of Arab States, that "50% of the refugees in the world are Arabs."
He referred to "the state of destruction in Syria followed by the displacement of about 5 million people and the displacement of a similar number to their homes and exposed the fabric of the Arab community to many of the tragedies and dangers, referring to" the suffering of Iraq torn by typhoons of terrorism and the organization of an advocate. 

With the participation of Iraq .. Launch of the conference of the World Assembly of Islamic Cities

April 23, 2017
Baghdad - Journal News
The World Assembly of Islamic Cities (WAIC) started Sunday morning in the city of Qazvin, west of Tehran, in the presence of President Hassan Rowhani and with the participation of Iraq.
The conference, hosted by Imam Khomeini International University, aims to achieve the goals of sustainable development and the prosperity of cities, opportunities and challenges facing Islamic cities.
The conference will be attended by 800 foreign and Iranian guests, especially representatives of the United Nations, ambassadors, mayors and a host of scientists from cities in Iraq, Turkey, India, Bangladesh, Palestine, Indonesia, China, Morocco, Pakistan and Afghanistan. Kurdistan: Global security will remain threatened ...
Kurdistan: Global security will remain threatened .


http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://www.faceiraq.net/inews.php%3Fid%3D5577442&usg=ALkJrhiNw565RNrR1rknsVQTdx5FqQ0utQ
24-04-2017 11:39 AM

A member of the Parliament of the Kurdistan region Dalshad Shaaban that global security will be 'threatened' as long as Iraq remains united.

Shaaban predicted that the world will accept the decision of the people of Kurdistan to a positive reaction in the event of the referendum independence, describing the current Iraq that did not play any role in the world except the publication of 'terrorism'.

Shaaban said in a press statement that global security will remain threatened as long as Iraq remains united, considering that Iraq has become a factory for the production of terrorists and a center for their assembly and organization, he said.

Kauaihn Economic Times:
 
 
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO
 
The biggest money news of the week in 60 seconds
CNBC

Here's a preview of financial stories to watch for and a quick rundown of how they may affect you. Read the full story

4 perks of Solo 401(k) for business owners and freelancers
USA TODAY
If you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are an option. Read the full story


OIL / COMMODITIES / ENERGY

US crude settles at $49.62, down more than 6% this week on OPEC output cut doubts
Oil prices fell on Friday on doubts that an OPEC-led production cut will restore balance to an oversupplied market.


Gold steady as investors turn cautious ahead of French vote
Gold prices treaded water on Friday as investors awaited the outcome of weekend French elections and possible announcements about tax cuts in the U.S.


BANKS / BANKING

Wells Fargo's CEO Says This Is "Not Acceptable"
The Motley Fool
The California-based bank continues to suffer in the wake of last year's fake-account scandal. Read the full story

ECB can't save euro from RUN ON BANKS if eurosceptics win French election, economist warns
Express
THE European Central Bank will not be able to save the euro from a potential run on banks if eurosceptics turn out in force at the French elections, according to one of the world's leading economists. Joseph Stiglitz warned under-fire ECB chief Mario Draghi will not be able to do “whatever it takes” to correct the currency. The French elections have raised the spectre of a potential Frexit thanks to the popularity of anti-EU campaigners Marine Le Pen and Jean Luc Melenchon. Read the full story

Credit Suisse to make capital hike decision after AGM: report
Reuters

Credit Suisse will not decide on how it wants to raise fresh capital until after this week's annual general meeting, SonntagsZeitung reported on Sunday. Read the full story


Chinese banks face profitability pressure: Moody's
Social News XYZ
Beijing, April 23 (IANS) Chinese listed banks were confronted with profitability pressure from the country's slowing economic growth, despite the absence of any significant deterioration in asset performance, said Moody's Investors Service. "At the same time, the banks' capitalisation and liquidity positions remained stable overall, but weakened among the smaller entities due to their faster... Read the full story


does covert propping by central banks play a role in these inflated markets?
ValueWalk
Central banks around the world have colluded, if not conspired, to elevate and prop up financial asset prices. Here we'll present the data and evidence that they've not only done so, but gone too far. When wee discuss elevated financial asset prices we really are talking about everything. we're talking not just about the sky-high... Read the full story

TREASURIES/ BONDS/ STOCKS

US Treasury boss says red tape has hurt business as global leaders drop pledge to resist protectionism
The Telegraph

Red tape is hurting American businesses, according to the US Treasury Secretary, who vowed to replace the country's "uncompetitive" system with simple rules that will cut tax returns to the size of a postcard. Read the full story



CURRENCIES

Mnuchin urges IMF to enhance FX surveillance
Reuters

U.S. Treasury Secretary Steven Mnuchin on Saturday called on the International Monetary Fund to enhance surveillance of its members' exchange rates and external imbalances, as large trade imbalances would hamper "free and fair" trade. Read the full story

Forex - Weekly outlook: April 24 - April 28Investing.com
© Reuters. Safe haven yen, swiss franc push higher against U.S. dollar Read the full story


Stronger pound could save Britain from cost of living squeeze
The Telegraph
Britain's households could be spared a further blow from higher inflation because Theresa May’s snap election has pushed up the pound, limiting the chance of more rises in the cost of imports. Read the full story

Pound to euro exchange rate: Sterling DROPS ahead of French election results
Daily Star
TODAY marks the first round of the French election and the pound to euro exchange rate has already taken a hit. The pound has been sitting steady all weekend ahead of the French election. The first round will take place today and polling stations were opened last night. However, this morning the pound dropped to the euro from €1.9495 to €1.9464. It has since recovered and remains steady at €1.9474 . This small drop could indicate uncertainty ahead of the results which will see two of the four Read the full story
USA



Republicans hope to avert shutdown, enter the week unclear on details
CNN

House Republicans return from spring recess to a jam-packed week needing to keep the government's lights on before a Friday funding deadline and unsure if there will be time to make substantial progress on President Donald Trump's priority to repeal and replace Obamacare. Read the full story

Trump tax plan may produce some short-term budget issues: Mnuchin
Reuters

U.S. Treasury Secretary Steven Mnuchin said on Saturday that the Trump administration's tax reform plan would produce some "short term issues" when viewed under traditional "static" budget analysis rules. Read the full story


Trump's 'big announcement' on tax to be broad principles: official
Reuters
President Donald Trump's promised "big announcement" next week on overhauling the U.S. tax code, a top campaign pledge, will consist of "broad principles and priorities," an administration official said on Saturday. Read the full story


 

MIDDLE EAST

IMF pressures Egypt to keep interest rates high – Pharos
Mubasher

Cairo – Mubasher: The International Monetary Fund (IMF) is pressuring Egypt to keep interest rates high in order to curb inflation caused by the local currency’s flotation and subsidy cuts, according to a report issued by Pharos Investments. It is … Read the full story



AFRICA

South Africa: Mining the Wreckage of Our History for Gold
AllAfrica

It seems two decades later, there is little holding us together aside from our shared history. We are still on one side the oppressor and on the other, the oppressed. President Jacob Zuma knows and exploits this at every turn and so we find ourselves stuck - prisoners of our history even as we want desperately to be liberated from it. But perhaps President Zuma has been sent to provide us with an opportunity to remember what we promised ourselves we would be. The very idea that people ought to Read the full story

Pentagon chief visits African nation home to key US base
ABC News
U.S. Defense Secretary Jim Mattis has arrived in Djibouti to bolster ties with the tiny and impoverished African country that's home to an important base for U.S. counterterrorism forces, including drones Read the full story


East Africa: UN Body Warns Region Against Signing Trade Deal With EU
AllAfrica
A United Nations think-tank has warned the East African Community against entering into an Economic Partnership Agreement with the European Union arguing that it will neither spur economic growth nor bring wealth to the region's citizens. The United Nations Economic Commission for Africa (UNECA) says in a report that if the EPA is signed, local industries will struggle to withstand competitive pressures from EU firms, while the region will be stuck in its position as a low value-added commodity Read the full story



ASIA

China How to Cash In on The Rising Middle Class
Fox News
China has been a world leader in the online commercial retail space as it draws upon its large group domestic consumers and rising middle-income base. Read the full story


Japan's Aso pushes back on U.S. call for scrutiny of currency moves
Reuters
Japanese Finance Minister Taro Aso said on Saturday trade imbalances cannot be fixed through exchange-rate adjustments alone, pushing back against Washington's calls to have more rigorous IMF scrutiny of currency moves. Read the full story


:

 
April 22, 2017 -- New IMFC Statement by Obaid Humaid Al-Tayer, Minister of State for Financial Affairs, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 278Kb
 
 
 
Blessed and Highly Favored:
 
CBI Update:
The CBI for Monday, April 24, 2017 did update on the indicative rates Buy rate 1182 and sell rate 1184
The currency auction is 155,485,508
There is one news and announced for Monday 4/24/17  Gold bullion prices to be sold on Tuesday, 2017/4/25
2017/4/24

Central Bank of Iraq's foreign currency sales fall 12.6 million dollars

Sale of amounts transferred to the accounts of banks abroad at 1190 dinars per dollar
Direct sales of the Central Bank of Iraq from foreign currencies during the auction on Monday, to 155.49 million dollars, compared with 168.07 million dollars on Thursday , a decrease of $ 12.58 million, according to a statement by the Central Bank.
The Central Bank said in a statement that the exchange rate amounted to 1182 dinars per dollar in the auction held with the participation of 37 banks and 11 financial transfer companies.
The bank said in a statement that the amount sold to boost bank balances abroad amounted to 96.35 million dollars, while the amount of sales in cash was 59.14 million dollars.
The central bank said in a statement that the sale of the amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the sale of cash will be at the same price.
There are 2 news and announcements showed up late Saturday
for Friday, April 21, 2017 as follows:
(Statement) Iraq discusses the program of credit readiness with the International Monetary FundA senior Iraqi delegation participated in the spring meetings of the International Monetary Fund and the World Bank, currently held in Washington.
 
The meeting was attended by the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail Al-Aalak, and with the participation of the Minister of Finance, Dr. Abdul Razzaq Al-Issa, the Prime Minister's Advisor for Financial Affairs Dr. Mazhar Mohammed Saleh, the Director General of Investment Department Dr. Mazen Sabah Ahmed, the Central Bank's Advisor Sebastian Talat and the Director General of Statistics and Research Department, 
As well as agents and general directors from the Ministries of Finance and Electricity.
The delegation discussed with the International Monetary Fund (IMF) team chaired by Christian Goose, director of the negotiating team for the International Fund, the second revision of the SBA between Iraq and the International Monetary Fund (IMF) in the Spring Meetings of the IMF and World Bank currently held in Washington, 2017.
2017/4/21
(Statement) In order to clarify the full picture on the treatment of branches of foreign banks with the window selling foreign currency would like to show the followingThe branches of foreign banks operating in Iraq represent the main bank with all its capabilities, including its capital, and the Iraqi Central Bank's demand for these branches to provide (seventy billion dinars), which is only an operational capital and does not represent the capital of the bank as a whole.
 
The entry into the window of sale of foreign currency for the banks operating in Iraq in general is on the criteria approved by the Central Bank of Iraq and international accounting companies are solid and available to all banks to see and therefore when some branches of foreign banks exceed these standards are excluded from entering the window or when matching 
The criteria, as with all Iraqi banks will get their entitlement There is no discrimination in dealing with the Central Bank of Iraq between banks operating in Iraq, whether foreign or Iraqi only on the basis of classification because they form part of the Iraqi banking system.Note that a number of Arab and foreign banks do not enter the window of sale of foreign currency originally or intervention in limited quantities and that the share of Iraqi banks still represent the largest proportion of sales of the dollar.
ISX Update:
Value Traded
384,062,727
Shares Traded
548,605,042
 
 
ISX ended in Green
 
 
Kauaihn Chatter:
 
 
4-24-2017   Newshound/Intel Guru BGG   The UN Chapter 7 Charter is still in place and is not going anywhere...they're going to do what they are going to do with their currency's value...Chapter 7 doesn't matter at all...all of the sanctions have been removed but the Charter is still there so that we...the U.S...can move troops around at will and that includes all other UN partner nations that matter.
 
4-23-2017   Newshound Guru mike   Article:  "Jaafari calls to activate the strategic framework between Baghdad and Washington Agreement"   I'm hoping the reconstruction funds come with strings like on time elections and economic legislation, otherwise, it's throwing good money into a black hole. The corruption is rampant over there and you can bet there will be greedy hands skimming off the money we give them for reconstruction. I can't wait for the day when Iraq can stand on it's own two feet, with a balanced budget and stop the sectarianism that got them into this mess in the first place.

4-23-2017   Newshound Guru Enorrste
   "IraqÂ?s huge potential as an investment opportunity" Quote:  "Now is a great time because there is a sign of increasing stability, politically, and there is also a sign of growing international commitment to the redevlopment of Iraq, as well."   Where there is smoke there will definitely be fire shortly.  This new interest can't bear fruit without an open currency.  Let the fun begin, I say!

4-23-2017   Intel Guru Frank26   We not not SHARE with You to give You a DATE...We do it to give You Hope that the MR is progressing...And now IMO at a quicker pace.
 
4-23-2017   Newshound Guru Stryker   Iraq is ready to take its place internationally.   An update of Iraq's Economic Reforms from the IMF and World Bank review...
 
4-22-2017   Intel Guru RayRen98   The awareness campaign has been going on for weeks, with the television saying that their currency would have more purchasing power.  Then a week ago we started getting the first rumblings of prices dropping at fuel places, and now the Iraqi in the street is seeing price reductions all over.  [When they increase their rates internationally, do you think it will be at the $3 rate, or come in low and then go up?  In your opinion?]  In my opinion, it will probably be a little bit higher. I think it’s going to be up, and then go up some more.  Bank folks are strongly believing Monday.  We shall see.  [post 2 of 2]

4-22-2017   Intel Guru RayRen98   In Iraq, a five-day holiday was imposed on Wednesday, including a blackout of all info – all businesses are closed...   On the television, there is a huge flag being raised in western Mosul.  In addition to the holiday, communications blackout and a huge flag, citizens on the street tell us their prices are dropping like  you wouldn’t believe in all retail businesses.  Iraq is also saying there will be full liberation of Mosul, reconciliation, and HCL all wrapped up in a neat bow by April 30th.  Now, it’s hard to announce that with surety unless it’s already done.  My sources...were excited about prices dropping.  Price drops mean that the value is changing in their currency.  [post 1 of 2....stay tuned]

4-22-2017   Intel Guru Bluwolf   The banks are on alert status...the Global Currency Reset finally has been honored, the 209 revaluations are set to be on going. 
The rates are very good and there is no storms in the scenario. This timer has but a few more minutes left...

4-22-2017   Intel Guru Bruce 
  The other thing that is happening is there is a meeting going on ...and will go through Saturday...in Washington DC between the IMF, the World Bank, The Bank of International Settlements, and one more other entity.  Christine Legarde is there. I don’t know if any major announcement is going to come out of that meeting. I would say it would be a good place to have an announcement with all those organizations in place in Washington.  The rates based on what I have heard the rates are continually going up. Just when you think you know where they are, the next thing you know they are higher than they were.  Everything I am seeing...is pointing toward the end of the ride. We think all that needs to be done is done.   [post 2 of 2]

4-22-2017   Intel Guru Bruce    We know everything is basically been done in Iraq. Mosul has been taken back and liberated...and even Prime Minister Abadi, few days ago walked through the streets of Mosul and talked face to face with the citizens giving them assurance about what is coming and what is there.  We know even in the mosque they have already mentioned in country the dinar going to be 6 times the value of the US dollar. The smart cards, Qi cards in Iraq have been activated with a decent high rate for some time and still being used.  [post 1 of 2....stay tuned]
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:
 
 
ARTICLE 1-A (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister Haidar Al-Abadi receives the Prime Minister of Australia

Prime Minister Dr. Haider Abadi received at his office Sunday Australian Prime Minister Malcolm Turnbull and his accompanying delegation. During the meeting, they discussed enhancing bilateral cooperation in various fields and the conduct of the battle to liberate Mosul and the situation in the region.
The Prime Minister welcomed the guest delegation, noting that our heroic forces are achieving victories and in the final stages to eliminate the Dahesh. In recent days, many neighborhoods in Mosul have been liberated.
He stressed the importance of international support for Iraq and its continuation to the final elimination of terrorism, noting that our forces at the time liberated regions, they secured a million visit in Baghdad on the occasion of the martyrdom of Imam Musa bin Jaafar.
Mr. Turnbull also praised the great progress made by the Iraqi forces and expressed his admiration for their fight. He stressed the continued support of his country to Iraq in the fields of training and support for the elimination of Dahesh praising the wise leadership of Dr. Abadi, which contributed to the defeat of terrorism.

Prime Minister's Media Office
April 23, 2017
***************
ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not posted on English side)

Prime Minister Dr. Haider Al-Abbadi salutes the citizens and the security services and thanks the religious authority and the contributors to the success of the visit

I salute the multitudes of millions who came to the shrine of Imam Musa bin Jaafar al-Kadhim peace be upon him from Baghdad and the rest of the Iraqi provinces to commemorate his martyrdom. I commend their full cooperation with the security services, which exerted their utmost efforts to secure the visit successfully along the roads leading to the holy shrine.
A tribute to all the forces and security services in the Ministry of the Interior, the Ministry of Defense and the Baghdad Operations, whose duty is to protect visitors and thwart terrorist attacks, a duty no less important than their sacred duty to defend the homeland, liberate the land and achieve victories. And provision of services.
The directives of the supreme religious authority have had a great impact on the completion of the visit's decrees with this dedication, cooperation and high discipline by the citizens and volunteers to provide services to the visitors, as well as the efforts and services of the holy thresholds.
God protected Iraq and its people and asked him his ability to enable us to realize the aspirations of our people, liberate our entire land and return every displaced citizen to his city and home.
Greetings to the heroic fighters and the souls of the martyrs and the wounded .. Praise be to Allah, Lord of the Worlds.

Dr. Haider Abadi
Prime Minister
Commander-in-Chief of the Armed Forces
23 April 2017

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ARTICLE 1-C (from PM Abadi's webside; posted only on Arabic side, not posted on English side)

Prime Minister Dr. Haider Al-Abbadi salutes the citizens and the security services and thanks the religious authority and the contributors to the success of the visit

I offer my condolences to the Iraqi people, the Islamic nation and religious references on the occasion of the martyrdom of Imam Musa bin Ja'far.
As this occasion passes on us and we are in dire need to draw lessons and lessons from the pure virtue of a just approach and rejection of injustice and the establishment of freedom.
And I hope that we will take from those maneuvers a path to the unity of the row and the word, especially as we are engaged in a fierce war against the gangs and called the terrorist and very close to the final victory on him. 
He praised the role of security forces and other service joints in providing protection to visitors coming from the provinces as well as the capital Baghdad.

Dr. Haider Abadi
Prime Minister
April 22, 2017

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ARTICLE 1-D (from PM Abadi's website; posted only on Arabic side, not posted on English side)

Prime Minister Dr. Haidar Al-Abadi receives US President's Envoy for International Alliance Affairs, Mr. Brett McCurk

Prime Minister Dr. Haidar Al-Abbadi received the US President's envoy for International Alliance Affairs, Mr. Brett McCurk.
During the meeting, they discussed enhancing the bilateral relations between the two countries and the conduct of the battle to liberate Mosul in addition to the situation in the region.
McCork reiterated his country's support for Iraq in its fight against terrorism and in other areas, congratulating the big victories on the terrorist gangs, praising the Iraqi forces' ability to fight.

Prime Minister's Media Office
April 22, 2017

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ARTICLE 2

Jubouri McCork: The victories contributed to the stability of the country

2017/4/22 15:56
[Ayna-Baghdad] 
The Speaker of the House of Representatives Salim al-Jubouri stressed the need to continue close cooperation with the international coalition in the post-urging period, especially in the field of training and arming Iraqi forces, pointing out that "the victories achieved by the security services during the battles to liberate Mosul contributed to the stability of political and security situation in the country."
"The Speaker of the House of Representatives received in his office on Saturday, the envoy of US President of the International Coalition, Brett McCurk, in the presence of US Ambassador to Iraq Douglas Silliman," a statement from his office said. 
"The meeting reviewed the political and security developments in Iraq and the region and continued close cooperation in the field of training and arming the Iraqi armed forces in the framework of the strategic relationship between the two countries, especially in the post-gangs," he added. 
"The meeting also touched on the efforts of the parliament to activate the file of community reconciliation through the enactment of relevant laws, and the file of relief for the displaced and international efforts to bring them back to their areas liberated from the control of gangs and calls for terrorism." 
"The victories achieved by the security services during the battles to liberate Mosul contributed to the stability of the political and security situation in the country," Jubouri said, adding that the role of the international community is important and influential in supporting the efforts of the parliament and the government. 
The Speaker of the House of Representatives praised "the efforts of the international coalition in the ongoing military operations and the support provided to the Iraqi security forces in the fighting fronts in order to complete the liberation of all cities in the country. 
For his part, praised the envoy of the President of the United States "the victories achieved by Iraqi forces, especially in the ongoing military operations in Mosul, praising the sacrifices made by Iraq during the last period in the war against a supporter." 
The US president's envoy noted that "the international coalition helps Iraq in the stabilization operations in the liberated areas of Dahesh, and works seriously with the Iraqi forces to clear the mines in these areas to prepare for the return of families to them."
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ARTICLE 3

Jaafari calls Trump envoy to activate the strategic framework agreement signed between Baghdad and Washington

2017/4/23 21:42
[Ayna - Baghdad] 
Foreign Minister Ibrahim al-Jaafari on Sunday called on US special envoy Donald Trump and the international coalition to fight Brett McGuck to activate the strategic framework agreement signed between Baghdad and Washington.
"Jaafari pointed out the importance of activating the strategic framework agreement signed between Baghdad and Washington because of its great impact on the opening of fields of joint cooperation between the two countries, and that Iraq is committed to bilateral relations with all countries of the world," the Foreign Ministry said in a statement, And the neighboring countries in particular; based on the exchange of common interests, and face common risks, and non-interference in internal affairs. 
"The meeting included a review of the overall security, political and major victories achieved by the Iraqis in their war against terrorist gangs and international efforts to support the security and stability of the region," the statement said. 
"All Iraqis unite to defend Iraq's sovereignty and eliminate terrorism, reiterating the need for concerted efforts by the international community, contributing to the reconstruction of infrastructure after the eradication of terrorism, and adopting a project similar to the Marshall Plan that contributed to building Germany after the Second World War.
For his part, the Special Envoy of US President Donald Trump, and the International Alliance to combat the continuation of support for Iraq until the elimination of gangs of terrorist advocates, praising the efforts of the Iraqis in their war against terrorism, and diplomatic openness in Iraq's relations with different countries of the world.
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ARTICLE 4

The crowd was able to kill the leader of al-Da'ashi Abu Omar al-Afari after moving from his headquarters

2017/4/23 0:00
[Baghdad - where] 
Enabled the heroes of the popular crowd and the quality of the killing of a prominent leader gangs called the criminal called Abu Omar al-Afri west of the city of Mosul. 
According to a statement to inform the crowd today, "After tightening the screws on the gangs of the Dahesh terrorist and near the launch of the liberation operations in the district of Tal Afar, intelligence received the movement of a large convoy of gangs called the terrorist towards the Ba'ja and is the only outlet linking the Syrian border in the desert of the island. 
He added that "the heroes of the brigade were able to monitor the movements of the enemy and following the information received, the convoy was treated with heavy and medium weapons to the brigade and artillery to support the popular crowd, resulting in accurate casualties, where the most prominent leaders were killed calling the terrorist Abu Omar al - Afri] west of Mosul.
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ARTICLE 5

After the cessation of three years .. The return of foreign aircraft routes over the Iraqi airspace

BAGHDAD, Iraq, April 24 (UPI) - The air tracks of foreign aircraft flying over Iraqi airspace have returned three years after they were stopped. A statement by the Ministry of Transport that "the next Thursday, corresponding to 27/4/2017 is the scheduled date for the return of air traffic of foreign aircraft flying over the skies of Iraq," pointing out "the establishment of a celebration at ten o'clock on Tuesday morning, the twenty-fifth of this month at Baghdad International Airport Near VIP Business Hall ". "The new air routes passing through our airspace will be opened for the first time since its suspension in 2014 by an unfair decision from the American FAA Organization, which considered our airspace as dangerous international taboos and classified them in war zones. Thanks to God and the efforts of air traffic controllers, our activities are back to normal. " Finished

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ARTICLE 6

What is the fact that one of the founders of al-Qaeda in Iraq adopted the Christian religion?

BERLIN, April 24 (UPI) - The so-called "Nasra" jurist in Syria, Hassan Abu Hamza, has converted to Christianity in photographs and recordings posted on social media sites and sparked a wave of reactions. And a video broadcast on social networking sites that was widely circulated, including the words of Hassan in a German church and speaks of his role in establishing al-Qaeda in Iraq. He talked about the establishment of a "terrorist" organization in Syria, and spoke about his arrival in Germany and the difficulties he faced.The "repentant retired terrorist" Abu Hamza also spoke of the real reason for his conversion to Christianity, and "what this tolerant religion means after all this time. He chose Paul's name as his baptism." Finished

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