Word on the Street Thursday 4/13/17:
TNT CONFERENCE CALL WEDNESDAY 4/12/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Hump Day Wednesday. Lets call this Well Bring it Day. Where are we, and when are we going to see it Wednesday? On the last call a question came up on the Saddam era currency of Iraq. I said it could be a collectors item, but the only good one is dated 2003 and above which you can exchange. I think I have cleared that up. Hopefully, this will be the end of it this week one way or another. What is the new intel? There isn't any. There was an expectation last night. We were hearing about prices being changed across the pond and today as well. We are hearing about price adjustments, but haven't received it yet. All of it still ties in. We waited to see when the banks opened over in Iraq and here, and it is all good. Everything is quiet and status quo. It is no different that Monday just closer. Q and A: Q; Will there be a 2% exchange fee? Is that a possibility? Ray: Yes, it is possible. Q: Are the rates showing today? Ray: I haven't heard anything on that today. Q: Is the Rupiah still in the mix? Ray: Last I heard, it is still in the basket. Q: Is there a way to find out which ZIM notes the bank will be accepting? Ray: Before they came out with the new currencies, we heard the old currency would have a value which we could exchange. Q: The rate for IDR ? Ray: The last we heard was $1.08. Q: Do we look great for this week? Ray: nothing has changed from the info on Monday. Caller: 865 Earlier on you referenced about the finance conference in Lebanon? What have you heard? Ray: Absolutely nothing Catnip: Earlier on, you stressed the value of negotiating and the importance of diversification? Diversify, Diversify, Diversify. I am hoping there will be no need for a call on Friday, and it it doesn't happen what is the likelihood of a call Friday? Ray: We will do one if the RV hasn't happened yet. Ray: Don't tie up all your money in one banking institution. Verification, negotiation, and diversification. Caller: Will it happen this week? Ray everyone is patiently waiting. Caller: Can anything stop us from receivng this blessing? Ray: I don't see that taking place Caller: Is the HCL and Article 140 passed as a fact? Ray: I don't know it as a fact, and it is not an issue. Caller: I double checked my notes, and you did say 2003 and higher on the Iraqi notes. Ray: Thank you Sir! Caller: I called a big bank 2 years ago and they said they weren't exhanging, and this time they told me I will need a personal banker. They know what is going on. Ray: Thank You very much. Caller: have you heard anything about price changes in the stores yet in Iraq? Ray: not yet. Ray's Wrap up: We are at a time and it is a waiting game. The info sounds promising and most does say progress,. The wheels are turning. That is what we want to see. All w can do is report what we see. Some of our best intel sources for 4 years, everything they shared happened sooner or later. As good as they are, they can't call it at an exact day or time. Everything they have shared has come to pass. That is our best intel sources. The good intel sources, report what they are seeing and hearing presently and get it from different levels of all activity. As they all share one tidbit, but when we receive multiple tidbits we get expectancy. We hear from each to get tidbits and put it all together like a puzzle like it is going to be real. Rates on screen pending revalutation is nothing new. We have had it from Intel sources and members. The intel is an employee in the bank. The member is us being told and coming out and telling what happened. When we received that info from whoever, we are so appreciative. Our intel sources have been reporting to us for 4-5 years and never question them. I don't challenge what you share and invite you to share whatever it is. Text it or get it to me. It could make the difference. We want to make sure the info is real and solid information. I give you info that will give you an advantage post RV. Some will be utilized to go to the bank, and that is why I am still here and to keep the sanity and more. We are in it to win it. The focus is to keep us all content when any opportunity comes you can take advantage of it. Now onto the RV. We are all waiting for the inevitable. Wouldn't it be nice to enjoy small RV's? We will give you additional info to make the decision. Do I go now or do I wait? You will be able to make the decision once you receive additional information. How can a member benefit from this? We share the info and how to benefit from it. Are you rready? We are expecting good things this week still. Our best sources have every reason to believe and said Good Friday will be like no other Good Friday ever. This is not saying we are looking for the publice release on Friday, but this week could possibly be it. If it is not, then we wait. You know it is coming. The writing is on the wall. You know it is coming. Key info we have been waiting to hear is happening. Yes, I am just as excited as I have been. Now the question is do you believe because I do Believe,. As soon as something happens I will keep you updated and will post it in the forum. Unless it is the big one, we will contact you everyway. It is coming to us. It is already done! Enjoy your humpday Wednesday! Rayren 98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,139.8000 | 1,130.4000 | 1,130.4000 | | 07:11 |
| USD/VND | | | 22,300.0000 | 22,152.0000 | 22,152.0000 | | 07:11 |
| USD/CNY | | | 6.8958 | 6.8716 | 6.8917 | | 07:12 |
| USD/KWD | | | 0.3046 | 0.3038 | 0.3046 | | 06:59 |
| GBP/USD | | | 1.2573 | 1.2532 | 1.2549 | | 07:12 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,278.0000 | 13,238.0000 | 13,278.0000 | | 07:08 |
CNBC Link: http://www.cnbc.com/markets/
DC NY Iraq Articles:
Iraq plans to export about 3.22 million barrels per day of crude oil
Iraq plans to export about 3.22 million barrels per day of crude oil from the southern port of Basra in May, commercial sources said.
Reuters data indicate that these quantities are the largest since last February.
Basra's light crude supply is expected to rise slightly next month to 2.38 million bpd from 2.34 million barrels planned for April.
Basra's heavy crude exports are expected to reach 839,000 bpd in May, up from 833,000 bpd in April.d
Reuters data indicate that these quantities are the largest since last February.
Basra's light crude supply is expected to rise slightly next month to 2.38 million bpd from 2.34 million barrels planned for April.
Basra's heavy crude exports are expected to reach 839,000 bpd in May, up from 833,000 bpd in April.d
Mawazine News / The final version of the amnesty law will be published, which will be voted by Parliament today
Political
Since 2017-04-13 at 11:41 (Baghdad time) Baghdad Mawazine News
It is hoped that the parliament will vote in its session today on the final version of the law of amnesty, while the member of the parliamentary law committee Salim Shawqi revealed the most prominent paragraphs.
"It will include amnesty for Iraqis and non-Iraqi residents," Shawki told Mawazine News. "The legal representative is not required to waive the state's services if the convicted person pays his money."
"He added that" the amounts will be collected from those who have financial contributions in five installments and not a single payment, "adding that" will not include terrorist crimes after 10/6/2014, even if only belonging. "
"The amnesty will cover all terrorist crimes before June 10, 2014, but they have not resulted in a permanent killing or disability," he said, adding that "all kidnappings will not be covered by amnesty, even if there is a waiver and the kidnappers are not harmed."
He added that "the amount of the daily fine for the replacement of the forgers of the official editor-general and above is 50 thousand dinars and others only 10,000 dinars a day," explaining that "everyone who benefited from the amnesty 2008 will benefit from this amnesty also."
He added that "the employee covered by the pardon is not entitled to return to his job if the crime of fraud or embezzlement or bribery and others to oppose their return to the job."
He said that "the amendment of the law will be applied retroactively on 25/8/2016 and this means the return of those who benefited from the amnesty law and were not covered by this amendment and this is a constitutional violation."
It is worth mentioning that the parliament voted on the amnesty law earlier in the year 2016, but the prime minister objected to the draft after being amended in parliament and sent another amendment to the agenda of the parliament in today's session.
Conference in Baghdad to discuss the future of the crowd
Baghdad - Journal News
The Dar es Salaam Center for Media, Studies and Community Development said that a special conference to discuss the situation of popular mobilization under the current circumstances will be held in Baghdad on Saturday.
"The capital Baghdad will host a conference to discuss the future of popular mobilization and the repercussions of the post-duplicitous phase, and calls to resolve the crowd and the American pressure in this context," said Hadi Jalo Mari, a consultant for the center.
"This conference has become an urgent necessity, and it is not the only one of its kind. It is the beginning of a series of activities aimed at exploring the current stage and the future political developments and their impact on the reality of the Iraqi state, especially after the end of the battle for liberating Mosul. The growing phenomenon of terrorism, and fears of failure to eliminate it with the presence of States and groups supporting terrorist organizations and religious extremism and the need to unite to prevent terrorists from rearranging their ranks again.
"The conference will be held at the Martyrs' Monument Hall in Rusafa side of Baghdad at 10 am on Saturday, April 15, and will be attended by leaders in the popular crowd, researchers and specialists in terrorism, lawmakers and deputies in the Iraqi parliament and cultural figures and journalist.
Council of Basra is discussing the file of purchasing electrictiy
2-04-2017 10:11 AM
A source familiar with the Basra provincial council, held on Wednesday afternoon, its normal session.
The agenda will discuss topics deferred from the previous sessions of the Council, most notably the proposal to buy energy from the electric power station to vote.
Council member Amin Wahab said that the provincial council will host a number of electricity departments concerned with the matter for the purpose of the discussion to determine the need of Basra to buy energy from this station or not to be followed by a vote on this decision.
He added that the meeting will also include the presentation and discussion of a number of topics, including the allocation of land for the purpose of establishing standards of examination, in addition to the amendment of the previous decision to return the displaced and evacuate the market five miles,
Council member Amin Wahab said that the provincial council will host a number of electricity departments concerned with the matter for the purpose of the discussion to determine the need of Basra to buy energy from this station or not to be followed by a vote on this decision.
He added that the meeting will also include the presentation and discussion of a number of topics, including the allocation of land for the purpose of establishing standards of examination, in addition to the amendment of the previous decision to return the displaced and evacuate the market five miles,
Asghar al-Moussawi: Disbursement of full-time assignment to all governorates during the current month
Baghdad / SNG
The Director General of the care and special needs in the Ministry of Science and Social Affairs, the smallest Musawi, on Wednesday, that the Ministry is in the process of disbursement of financial dues to the full-time appointment in all federal provinces during the month of April.
Al-Moussawi said in his personal page in Facebook that "during the month of April will be disbursement of dues full-time in all provinces of Iraq, noting that the care and special needs in the Ministry of Labor, working to pay the benefits of retired Iraqi army wounded transferred from the National Pension Authority to The Authority for Persons with Disabilities in a very short period of time. "
Moussaoui called for "updating the data contained in the body because of the lack of data and not waiting for receipt by mail and routine procedures, noting that" it will be announced in the means of communication. "
In order to improve the living standards of the disabled and provide them with relief, the Ministry of Labor and Social Affairs is preparing to distribute salaries to the full-time employee in the central and southern governorates after allocating four outlets for distribution to the covered.
It is noteworthy that the Commission had started since the beginning of this year to promote the transactions of the full-time appointment of the number of 100 thousand transactions in Baghdad and the provinces between the completed and audit and achievement.
Jaafari receives invitation to visit Armenia and promises to meet soon
Foreign Minister Ibrahim al-Jaafari received an invitation to visit Armenia on Wednesday and pledged to meet in the coming period.
"Jaafari received, today, Armenian Ambassador to Baghdad Karen Levon Krikorian and discussed the development of bilateral relations between Iraq and Armenia, and ways to strengthen them in the interests of the two friendly peoples," a statement from Jaafari's office said.
The statement added that "the importance of holding the meeting of the Supreme Governmental Committee between the two countries in the Armenian capital of Yerevan, the signing of a number of agreements on political consultations, cooperation in the exchange of experiences through the Institute of Foreign Service between the two countries and the activation of the parliamentary friendship committee."
He added that "the ambassador invited the foreign minister of his country to Dr. Jaafari to visit Armenia, and promised Jaafari to meet in the coming period." Ending / 25
Parliament speaker warns of "new nightmare" threatens society
Parliament Speaker Saleem al-Jubouri on Wednesday warned of a "new nightmare" threatening society after rising poverty, calling for a clear approach to social justice and the consolidation of good governance.
"It is important that we work on a program capable of combating the phenomenon of extremism of its origins, and this requires more openness, clarity and boldness in diagnosing the objective reasons," Jubouri said during a hearing held by the Parliamentary Endowment Committee on "Combating Extremism and Terrorism, intellectually and ideologically." Which produced the first generation of terrorism after the change that took place in Iraq
He added that "terrorism has caused more losses in recent years, which led the state institution to be aligned to the language of defense and trenching for fear and concern of its consequences and effects, and was the first to go to governments and institutions to take the initiative to address the errors that caused the industry environment for growth Terrorism ".
Jabouri stressed the need to "formulate a clear approach to social justice and the consolidation of good governance and the state of citizenship to spare the opportunity for extremists to re-market the injustice of a class falsely and to pass through them again as a pretext for a fabricated pretext and pass their project and despicable and malicious."
Al-Jubouri pointed out that "the principle of (social justice) is the basis on which the building of society should be based on a post-urgent, to form a sure guarantee in immunizing the nation from the return of terrorism and to be a future safety valve that preserves cohesion and civil peace and supports the diversity and stability we seek and seek "Stressing the importance of" reconsidering economic policy and community development and securing a decent source of life for the citizen to protect the fragile coast from the crash to the traps of terrorism and its traps. "
"Poverty is the shortest way to crime and extremism, and if we do not put an end to the deterioration of the standard of living of citizens after the high rates of poverty, we will face a new nightmare that threatens the society and open the door of sedition and the polarization of another preparation of our youth as victims of need and want. Ending / 25 \
Kauaihn Iraq Articles:
Baghdad and Tehran discuss defense relations
Baghdad - Agencies
Minister of Defense Mahmoud Irfan Al-Hayali, Assistant Minister of Defense Qassim Naqi Zadeh, met with him on the defense relations between the two countries.
According to the agency "Tasnim" Iran, "Assistant Iranian Defense Minister Qassim Naqizadeh met with Iraqi Defense Minister Mahmoud Irfan al-Hayali and discussed with him defense relations."
Zadeh congratulated the people and the Iraqi government on "the recent victories of the Iraqi forces in their war against the supporter of the terrorist."
During the meeting, the two sides stressed "the strengthening of defense relations between the two countries and ways to develop them."
Ahmadinejad is running for president
Date of release: 2017/4/12 10:35 • 85 times read
{International: Euphrates News} Former Iranian President Mahmoud Ahmadinejad registered his name for the presidential election in Iran.
The process of registering candidates for the 12th session of the Iranian presidential elections began on Tuesday morning at the Ministry of Interior's Election Commission and continues for five days.
Iran's presidential elections will be held on 19 May, coinciding with the fifth round of municipal and village council elections and complementary elections to the Shura Council in some Iranian cities. is over
Iran's presidential elections will be held on 19 May, coinciding with the fifth round of municipal and village council elections and complementary elections to the Shura Council in some Iranian cities. is over
IMF expects Arab economies to grow 2.7% next year
Wednesday, April 12 2017 at 11: 38 AM
(Reuters) - Economic activity in the Arab countries will recover by 2.7% in 2018, according to an economic report.
The report issued by the Arab Monetary Fund, that the Arab oil-exporting countries will see a growth to 2.3% due to the return of oil production of previous tracks and continues to increase global prices.
It also attributed its expectations to the expected positive impact of the declining impact of fiscal discipline policies on demand levels, as well as expectations of relative improvement in the internal situation of some of these countries.
The report, titled "The Arab Economic Outlook," reported that the expected improvement in economic performance for the coming year includes Gulf countries and other Arab oil exporting countries to 2.2% and 3%, respectively.
Arab oil producers are witnessing a decline in their revenues due to the decline in crude prices in the world markets, while Arab countries are experiencing security tensions as a result of revolutions and wars or their consequences for neighboring countries.
According to the report, economic activity in oil-importing countries will continue to improve, reaching 4.1% growth due to increased external demand due to improved global economic activity, which will boost export and investment levels.
The IMF predicted that Arab economies would slow down in 2017, recording growth of around 2.3% as the rate of growth of oil exporting countries fell to 1.8% due to the reduction in oil production under the OPEC agreement.
Inflation expectations for 2017 and 2018 indicate that the rate will be affected by a combination of domestic factors, including continued measures to rationalize subsidies, the introduction of value added tax, and the possibility of new taxes such as selective taxation.
The report added that under the previous factors, the inflation rate in the Arab countries is expected to reach 9.8% this year and 9.6% in 2018.
Sadr issued an order to abide by the recent authorization of the comprehensive internal system of the Sadrist movement
From 2017-04-13 at 12:15 (Baghdad time) Baghdad Mawazine News
The leader of the Sadrist movement Moqtada al-Sadr, on Thursday, an order to abide by the recent authorization of the internal order of the entire Sadrists.
Al-Sadr said in response to a question on "what is stated in your recommendation to emphasize the commitment to the comprehensive internal regulations of all the Sadrist institutions, and the officials named in the comprehensive internal order that is based by you, to abide by their duties in the said authorization, Which was issued later, which led to confusion in knowing your intent referred to in your statement) and received / Mawazine News / a copy of it, that "in such matters is due to the last authorization."
"This often erases the other preconceptions," he said, urging everyone to "understand, although there are some minor problems that I hope will be resolved later."
And the leader of the current, that "there are still not resolved his order to join these committees and businesses."
Integrity: 19 thousand calls to officials in the state on charges of corruption
Since 2017-04-13 at 12:42 (Baghdad time) Baghdad Mawazine News
The head of the Integrity Commission Hassan al-Yasiri, on Thursday, the issuance of 19 thousand call to officials in the state in various positions.
"Most of those involved in corruption cases find behind them clear partisan support," Yasiri said during a conference in Najaf under the auspices of the Shiite Endowments Bureau. "Thousands of calls from the Commission have been issued to the directors-general, the ministers, the ministers, the directors of the departments, the employees and the parliamentarians."
For his part, the head of the Shiite Waqf bureau Alaa al-Moussawi on "the principle of cooperation in the fight against corrupt and open all channels to get rid of corruption rampant in the joints of the state."
Moussawi said that "the administrative and financial corruption in the joints of the Iraqi state gradually transformed over the past years into collective and cooperative corruption."
"There are blocs and groups based on corruption that protect each other and support each other until they reach their goals in plundering the country's wealth and resources and to protect themselves legally."
"We must meet to find a solution and find a real and realistic way of tangible fruit in the lives of people to pay harm to this country and its resources and public funds and to bring benefit and benefit to its children today."
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
GLOBAL/NEWS/INFO
GLOBAL/NEWS/INFO
Advanced economies could have expanded 5%, if productivity hadn’t tanked: IMF's Lagarde
IMF Managing Director Christine Lagarde said Wednesday advanced economies could be about 5 percent higher today, if productivity had maintained its pre-2008 crisis trend.
Read more: http://www.cnbc.com/id/
Sometimes Paying Down Debt Isn't a Good Idea
Investopedia
Investopedia
If instinct tells you to pay off debt, make sure you evaluate all the details first. Read the full story
Rhonda Abrams: 8 keys to running a family business
USA TODAY
USA TODAY
Running a business with family members can be great — or not. Read the full story
Federal Reserve ‘Surprise’ Means You Must Tackle These 3 Debts Now
Money Talks News
Money Talks News
Some recent comments from the Federal Reserve mean interest rates for mortgages and other loans might rise faster than expected, CNBC reports. This forecast stems from committee meeting minutes recently released by the U.S. Federal Reserve System, the nation’s central bank. The minutes from a mid-March meeting reveal that the Fed plans to start shrinking its balance sheet this year — earlier than expected. A balance sheet is a type of financial document that details an entity’s assets and Read the full story
Popular investing advice that you should ignore
USA TODAY
USA TODAY
Here's why you should give the "side-eye" to certain investing advice Read the full story
OIL / COMMODITIES / ENERGY
Gold hits 5-month peak as geopolitical tensions drive flight to safety
Gold climbed to a 5-month high on Wednesday, extending its nearly 2 percent gains from the previous session, as investors shifted to safe-haven assets.
Read more: http://www.cnbc.com/id/
Global gold prices hit 5-month peak, geopolitical tensions drive flight to safety
Livemint
Livemint
Bengaluru: Gold prices climbed to a five-month high on Wednesday after gaining nearly 2% the session before, with investors shifting to safe-haven assets on rising tensions over US relations with Russia and North Korea. Read the full story
Brent oil rises for 8th day on possible extension to supply cut
Brent extended gains into an eighth straight session, after Saudi Arabia was said to be pushing its fellow OPEC members and rivals to prolong supply cuts beyond June.
Read more: http://www.cnbc.com/id/
Oil prices rise for 7th straight day on hopes of extension to OPEC output deal
MarketWatch
MarketWatch
Crude oil prices rise for a seventh straight session on Wednesday, boosted by expectations that major oil producers will extend their output cuts to accelerate a rebalance in the market. Read the full story
BANKS / BANKING
Explainer: Shadow banking and where it came from
Business Standard
Image via Shutterstock The term “shadow banking” often has connotations of dodgy lending and borrowing practices, out of reach of regulators. And while its use may contribute to risk, in reality shadow banking does serve a purpose in our economy, one that is increasingly connected to our day-to-day lives. Shadow banking affects not only the property market, but also superannuation, central banking policy and, increasingly, fiscal and social policy. It refers to the non-bank financial Read the full story
TRUMP: 'We're doing a major elimination of the horrendous Dodd-Frank regulations'
Business Insider
Donald Trump. WASHINGTON, April 11 (Reuters) - President Donald Trump told a group of chief executives on Tuesday that his administration was reducing regulations and revamping the Wall Street reform law known as Dodd-Frank, which might be eliminated and replaced with "something else." "We're going to reduce taxes, we're going to eliminate wasteful regulations," Trump said at a meeting attended by corporate leaders and members of his cabinet. Earlier this year, Trump ordered reviews of the major Read the full story
‘Banks are bored of Brexit' Hiring upturn in financial sector as firms shrug off fears
Express
BANKS in the City of London have increased hiring after becoming “bored of Brexit”. Concerns over the UK’s exit of the European Union seem to have been simply shrugged off as London banks have been seen hiring specialists in the first quarter. Financial services have seen a “notable upturn” in hiring, with “good performances in legal recruitment” according to employment agency Robert Walters Plc. Read the full story
RBI had ‘carpe diem’ moment in last policy meet: HSBC
Livemint
New Delhi: The Reserve Bank of India (RBI) “killed several birds with one stone” in its policy meet on 6 April by not sucking out excess liquidity with its permanent tool like open market operations (OMO) and cash reserve ratio (CRR) hike, an HSBC report says. Read the full story
First Abu Dhabi Bank cuts jobs after merger
Mubasher
Abu Dhabi – Mubasher: First Abu Dhabi Bank has reduced up to 20 jobs in its global markets division following the merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB), sources told Reuters on Wednesday. Completed on 1 April, the … Read the full story
Explainer: Shadow banking and where it came from
Business Standard
Business Standard
Image via Shutterstock The term “shadow banking” often has connotations of dodgy lending and borrowing practices, out of reach of regulators. And while its use may contribute to risk, in reality shadow banking does serve a purpose in our economy, one that is increasingly connected to our day-to-day lives. Shadow banking affects not only the property market, but also superannuation, central banking policy and, increasingly, fiscal and social policy. It refers to the non-bank financial Read the full story
TRUMP: 'We're doing a major elimination of the horrendous Dodd-Frank regulations'
Business Insider
Business Insider
Donald Trump. WASHINGTON, April 11 (Reuters) - President Donald Trump told a group of chief executives on Tuesday that his administration was reducing regulations and revamping the Wall Street reform law known as Dodd-Frank, which might be eliminated and replaced with "something else." "We're going to reduce taxes, we're going to eliminate wasteful regulations," Trump said at a meeting attended by corporate leaders and members of his cabinet. Earlier this year, Trump ordered reviews of the major Read the full story
‘Banks are bored of Brexit' Hiring upturn in financial sector as firms shrug off fears
Express
Express
BANKS in the City of London have increased hiring after becoming “bored of Brexit”. Concerns over the UK’s exit of the European Union seem to have been simply shrugged off as London banks have been seen hiring specialists in the first quarter. Financial services have seen a “notable upturn” in hiring, with “good performances in legal recruitment” according to employment agency Robert Walters Plc. Read the full story
RBI had ‘carpe diem’ moment in last policy meet: HSBC
Livemint
Livemint
New Delhi: The Reserve Bank of India (RBI) “killed several birds with one stone” in its policy meet on 6 April by not sucking out excess liquidity with its permanent tool like open market operations (OMO) and cash reserve ratio (CRR) hike, an HSBC report says. Read the full story
First Abu Dhabi Bank cuts jobs after merger
Mubasher
Mubasher
Abu Dhabi – Mubasher: First Abu Dhabi Bank has reduced up to 20 jobs in its global markets division following the merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB), sources told Reuters on Wednesday. Completed on 1 April, the … Read the full story
TREASURIES/ BONDS/ STOCKS
TREASURIES/ BONDS/ STOCKS
Bond prices mixed as uncertainty rises ahead of US talks with Russia
U.S. government debt prices were mixed on Wednesday ahead of U.S. Secretary of State Rex Tillerson’s meeting with his Russian counterpart.
Read more: http://www.cnbc.com/id/
Europe's Stoxx 600 hits fresh 16-month highs despite geopolitical concerns; Tesco slips 5.5%
European markets edged higher on Wednesday and hit highs not seen since 2015 despite investor concerns over a drumbeat of geopolitical news.
Read more: http://www.cnbc.com/id/
Asian markets mixed, Korean peninsula tensions in focus; Nikkei down 1%
Asian markets closed mixed on Wednesday, as tensions continue to ratchet up on the Korean Peninsula.
Read more:
CURRENCIES
FOREX Dollar little changed vs. rivals in cautious trade
Dollar holds steady amid geopolitical concerns Read the full story
Pound holds firm as Britain sees HAT-TRICK of good news showing economy BOOMING
Express
THE pound held firm after Britain scored a bumper edition of good news with lower unemployment, more jobs and higher wages, as the economy continues to beat forecasts of a downturn sparked by Brexit. Sterling was flat against the euro at 1.1775 and US dollar at 1.2505 amid the latest jobs report from the Office for National Statistics . The unemployment rate is just 4.7 per cent - the lowest level since 1975 - with 1.56million jobless people in the three months to February, 141,000 fewer Read the full story
GBP v AUD: Pound SURGES to two-month high against Australian dollar
Express
THE pound was able to hit a two-month high against the Australian dollar on Tuesday, bouncing from AU$1.651 to AU$1.668, and the GBP/AUD pairing consolidated gains as the week continued. Better-than-forecast UK average earnings data kept the pound supported on Wednesday, with Sterling managing to hold its recent highs against the euro, US dollar, Australian dollar and New Zealand dollar. Average weekly earnings increased by 2.3 per cent in the three months through February year-on-year, up from Read the full story
Pound to Euro exchange rate - Sterling climbs as inflation stays steady
Express
POUND Sterling climbed against the Euro today to 1.18. Yesterday the pound was at 1.17 against the Euro as the markets anticipated the UK’s inflation report. The positive position of the pound post Article 50 meant inflation held steady, a development that will make the UK attractive to investors. This is positive news for the British currency in general, and sets the UK in good stead - meaning the pound climbed. Yesterday’s report predicted March’s inflation figures. Read the full story
Antipodean Currencies Fall Amid Rising Risk Aversion
RTTNews
Antipodean currencies such as the Australian and the New Zealand dollars weakened against their major counterparts in the Asian session on Wednesday, as investors turned more risk averse due to mounting geopolitical tensions. Read the full story
Forex - Aussie steady, kiwi lower amid global geopolitical tensionsInvesting.com
Aussie little changed, kiwi lower vs. greenback in late trade Read the full story
Yen hits multi-month highs as risk-off mood persists
CDA News
By Jemima Kelly LONDON (Reuters) – The yen hit five-month highs against the dollar, euro and sterling on Wednesday, as simmering geopolitical tensions checked risk appetite and put the safe-haven Japanese currency in favor. Investors’ flight-to-safety underpinned traditional safe-havens like the yen, U.S. Treasuries and gold, amid fresh worries over France’s presidential election, and possible […] Read the full story
Forex - Yen steady in early Asia on Japan core machinery ordersInvesting.com
Yen flat Read the full story
Bond prices mixed as uncertainty rises ahead of US talks with Russia
U.S. government debt prices were mixed on Wednesday ahead of U.S. Secretary of State Rex Tillerson’s meeting with his Russian counterpart.
Read more: http://www.cnbc.com/id/
Europe's Stoxx 600 hits fresh 16-month highs despite geopolitical concerns; Tesco slips 5.5%
European markets edged higher on Wednesday and hit highs not seen since 2015 despite investor concerns over a drumbeat of geopolitical news.
Read more: http://www.cnbc.com/id/
Asian markets mixed, Korean peninsula tensions in focus; Nikkei down 1%
Asian markets closed mixed on Wednesday, as tensions continue to ratchet up on the Korean Peninsula.
Read more:
CURRENCIES
FOREX Dollar little changed vs. rivals in cautious trade
Dollar holds steady amid geopolitical concerns Read the full story
Pound holds firm as Britain sees HAT-TRICK of good news showing economy BOOMING
Express
Express
THE pound held firm after Britain scored a bumper edition of good news with lower unemployment, more jobs and higher wages, as the economy continues to beat forecasts of a downturn sparked by Brexit. Sterling was flat against the euro at 1.1775 and US dollar at 1.2505 amid the latest jobs report from the Office for National Statistics . The unemployment rate is just 4.7 per cent - the lowest level since 1975 - with 1.56million jobless people in the three months to February, 141,000 fewer Read the full story
GBP v AUD: Pound SURGES to two-month high against Australian dollar
Express
Express
THE pound was able to hit a two-month high against the Australian dollar on Tuesday, bouncing from AU$1.651 to AU$1.668, and the GBP/AUD pairing consolidated gains as the week continued. Better-than-forecast UK average earnings data kept the pound supported on Wednesday, with Sterling managing to hold its recent highs against the euro, US dollar, Australian dollar and New Zealand dollar. Average weekly earnings increased by 2.3 per cent in the three months through February year-on-year, up from Read the full story
Pound to Euro exchange rate - Sterling climbs as inflation stays steady
Express
Express
POUND Sterling climbed against the Euro today to 1.18. Yesterday the pound was at 1.17 against the Euro as the markets anticipated the UK’s inflation report. The positive position of the pound post Article 50 meant inflation held steady, a development that will make the UK attractive to investors. This is positive news for the British currency in general, and sets the UK in good stead - meaning the pound climbed. Yesterday’s report predicted March’s inflation figures. Read the full story
Antipodean Currencies Fall Amid Rising Risk Aversion
RTTNews
RTTNews
Antipodean currencies such as the Australian and the New Zealand dollars weakened against their major counterparts in the Asian session on Wednesday, as investors turned more risk averse due to mounting geopolitical tensions. Read the full story
Forex - Aussie steady, kiwi lower amid global geopolitical tensionsInvesting.com
Aussie little changed, kiwi lower vs. greenback in late trade Read the full story
Yen hits multi-month highs as risk-off mood persists
CDA News
CDA News
By Jemima Kelly LONDON (Reuters) – The yen hit five-month highs against the dollar, euro and sterling on Wednesday, as simmering geopolitical tensions checked risk appetite and put the safe-haven Japanese currency in favor. Investors’ flight-to-safety underpinned traditional safe-havens like the yen, U.S. Treasuries and gold, amid fresh worries over France’s presidential election, and possible […] Read the full story
Forex - Yen steady in early Asia on Japan core machinery ordersInvesting.com
Yen flat Read the full story
USA
Fischer's secret speech shows the Fed has learned nothing from its leak scandal
Business Insider
On March 23, Federal Reserve vice chair Stanley Fischer was the keynote speaker at a Brookings Institution dinner in Washington, DC. There, he gave prepared remarks on regulatory policy and the Fed's response to the financial crisis and took questions from the audience on the highly market-sensitive topic of interest rate policy. Federal Reserve officials give speeches all the time. What makes this one notable is that it was closed to the public, Fischer's prepared comments have not been made Read the full story
Import prices post largest drop in 7 months in March
Import prices fell in March as the cost of petroleum declined, but the underlying trend pointed to a moderate rise in inflation as the dollar rally fades.
Read more: http://www.cnbc.com/id/
EMERGING MARKETS
USA
Fischer's secret speech shows the Fed has learned nothing from its leak scandal
Business Insider
Business Insider
On March 23, Federal Reserve vice chair Stanley Fischer was the keynote speaker at a Brookings Institution dinner in Washington, DC. There, he gave prepared remarks on regulatory policy and the Fed's response to the financial crisis and took questions from the audience on the highly market-sensitive topic of interest rate policy. Federal Reserve officials give speeches all the time. What makes this one notable is that it was closed to the public, Fischer's prepared comments have not been made Read the full story
Import prices post largest drop in 7 months in March
Import prices fell in March as the cost of petroleum declined, but the underlying trend pointed to a moderate rise in inflation as the dollar rally fades.
Read more: http://www.cnbc.com/id/
EMERGING MARKETS
Ousted Brazilian President Dilma Rousseff: I was the victim of a coup
"This was not something that happened by surprise. It had a clear goal," former Brazilian President Dilma Rousseff says.
Read more: http://www.cnbc.com/id/
Mexico stockbrokers ask bourse to probe Elektra stock surge
Reuters
Members of Mexico's association of brokerages last week asked officials from the country's stock exchange to look into a recent surge in the stock price of banking and retail company Elektra , according to three members of the group. Read the full story
Ousted Brazilian President Dilma Rousseff: I was the victim of a coup
"This was not something that happened by surprise. It had a clear goal," former Brazilian President Dilma Rousseff says.
Read more: http://www.cnbc.com/id/
Mexico stockbrokers ask bourse to probe Elektra stock surge
Reuters
Reuters
Members of Mexico's association of brokerages last week asked officials from the country's stock exchange to look into a recent surge in the stock price of banking and retail company Elektra , according to three members of the group. Read the full story
MIDDLE EAST
OPEC is over-delivering on its pledge
Business Insider
Saudi Arabia's Energy Minister Khalid al-Falih. OPEC states cut oil output in March by more than they pledged under supply curbs, according to figures the exporter group uses to monitor its supply, extending a record of higher-than-expected adherence to its first production cut in eight years. The Organization of the Petroleum Exporting Countries agreed to cut output by about 1.2 million barrels per day (bpd) for six months from Jan. 1 to prop up prices and reduce a glut. Russia and 10 other Read the full story
UAE bourses likely to hold amid higher foreign investments
Mubasher
By: Mahmoud Gamal Dubai – Mubasher: The UAE stock markets are expected to hold at their current levels on Wednesday, amid increased investments by foreign traders and some institutions, analysts told Mubasher. Despite the volatililty of the UAE … Read the full story
KSA offers more light oil to Asia – Agency
Mubasher
Riyadh – Mubasher: Saudi Arabia has increased its light oil sales to Asia by offering buyers more cargoes alongside the full contract volumes it was to provide in May, informed sources told Reuters on Wednesday. This will boost the supply glut of … Read the full story
Record date for Telecom Egypt cash dividends 23 April
Mubasher
Cairo – Mubasher: Telecom Egypt said Wednesday that it will pay coupon no. 15 at EGP 1 per share on 27 April to shareholders of record until 23 April, according to a bourse filing. The stock rose on Wednesday by 1.16% to EGP 11.31. Read the full story
AFRICA
Zimbabwe: China to Partner Local Authorities
AllAfrica
A delegation from various Chinese local authorities has expressed interest in joint venture partnerships with four Zimbabwean cities in tourism, food processing and tobacco farming and processing. The five-member delegation comprised of governor of Yanbian Prefecture Li Jinghao, mayor of Yanji city Cai Kuilong and his Hunchun city counterpart Zhang Jifeng, director of Foreign Affairs in Yanbian Government Shen Zaicheng, section chief of Foreign Affairs for Yanbian Government Piao Zhe and Ding Read the full story
South Africa's credit downgrades rule out repo rate cuts
Engineering News
South Africa's debt downgrade to junk status and the finance minister's recent dismissal mean interest rates will be on hold until 2020 at least, a Reuters poll found on Wednesday. Economists in the poll, taken just a week after Fitch Ratings Agency and Standard & Poor's downgraded South Africa to "junk", pushed out rate cuts, ruled them out altogether or considered the possibility of hikes. Read the full story
MIDDLE EAST
OPEC is over-delivering on its pledge
Business Insider
Business Insider
Saudi Arabia's Energy Minister Khalid al-Falih. OPEC states cut oil output in March by more than they pledged under supply curbs, according to figures the exporter group uses to monitor its supply, extending a record of higher-than-expected adherence to its first production cut in eight years. The Organization of the Petroleum Exporting Countries agreed to cut output by about 1.2 million barrels per day (bpd) for six months from Jan. 1 to prop up prices and reduce a glut. Russia and 10 other Read the full story
UAE bourses likely to hold amid higher foreign investments
Mubasher
Mubasher
By: Mahmoud Gamal Dubai – Mubasher: The UAE stock markets are expected to hold at their current levels on Wednesday, amid increased investments by foreign traders and some institutions, analysts told Mubasher. Despite the volatililty of the UAE … Read the full story
KSA offers more light oil to Asia – Agency
Mubasher
Mubasher
Riyadh – Mubasher: Saudi Arabia has increased its light oil sales to Asia by offering buyers more cargoes alongside the full contract volumes it was to provide in May, informed sources told Reuters on Wednesday. This will boost the supply glut of … Read the full story
Record date for Telecom Egypt cash dividends 23 April
Mubasher
Mubasher
Cairo – Mubasher: Telecom Egypt said Wednesday that it will pay coupon no. 15 at EGP 1 per share on 27 April to shareholders of record until 23 April, according to a bourse filing. The stock rose on Wednesday by 1.16% to EGP 11.31. Read the full story
AFRICA
Zimbabwe: China to Partner Local Authorities
AllAfrica
AllAfrica
A delegation from various Chinese local authorities has expressed interest in joint venture partnerships with four Zimbabwean cities in tourism, food processing and tobacco farming and processing. The five-member delegation comprised of governor of Yanbian Prefecture Li Jinghao, mayor of Yanji city Cai Kuilong and his Hunchun city counterpart Zhang Jifeng, director of Foreign Affairs in Yanbian Government Shen Zaicheng, section chief of Foreign Affairs for Yanbian Government Piao Zhe and Ding Read the full story
South Africa's credit downgrades rule out repo rate cuts
Engineering News
Engineering News
South Africa's debt downgrade to junk status and the finance minister's recent dismissal mean interest rates will be on hold until 2020 at least, a Reuters poll found on Wednesday. Economists in the poll, taken just a week after Fitch Ratings Agency and Standard & Poor's downgraded South Africa to "junk", pushed out rate cuts, ruled them out altogether or considered the possibility of hikes. Read the full story
ASIA
China nflation Rises Slightly; Producer Price Inflation Moderates
RTTNews
China's inflation rose marginally on non-food prices, while factory gate inflation moderated as commodity prices weakened in March. Inflation rose to 0.9 percent in March from 0.8 percent in February, data published by the National Bureau of Statistics showed Wednesday. Nonetheless, this was slightly slower than the expected 1 percent. Read the full story
ASIA
China nflation Rises Slightly; Producer Price Inflation Moderates
RTTNews
RTTNews
China's inflation rose marginally on non-food prices, while factory gate inflation moderated as commodity prices weakened in March. Inflation rose to 0.9 percent in March from 0.8 percent in February, data published by the National Bureau of Statistics showed Wednesday. Nonetheless, this was slightly slower than the expected 1 percent. Read the full story
DEXIT NEXT? Danish party want to regain power from Brussels after 'INSPIRATIONAL' Brexit
Express
LEADERS of the Danish People’s Party have demanded Denmark regains power from the European Union following Brexit. Kristian Thulesen Dahl, the leader of the DPP has insisted the party is observing Brexit closely so they can follow a similar path out of the European Union. Read the full story
Express
Blessed and Highly Favored:
CBI Update:
The CBI for Thursday, April 13, 2017 did update on the indicative rates and the sell rate for the USD is 1184. The currency auction is 163,458,344. There are no updated news and announcements for Thursday, April 13, 2017.
ISX Update:
The ISX latest update is Shares Traded is 1,028,524,385 and Values Traded is 900,128,653. The ISX ended in RED.
UN Operational Rates Update:
The UN Operational Rates were published on Tuesday, April 11, 2017 and will become effective on Thursday, April 13, 2017. Also, there is a 48 hour window on either side of April 13, 2017 for the numbers to be revised and still be official for April 13, 2017(IMO.....Monday, April 17, 2017)
Blogs:
Aggiedad77 Article: "Iraq» is moving to cut its flights ticket prices"
first phone cards...then SIM cards...then flight tickets...electricity ...what could possibly be next...just do it...
Frank26...for that last week of April...[27, 28, 29]...That’s when I believe in my heart that the Iraqi Dinar might actually be sent into the international world with an international rate. The articles...told you that this was their goal....To get to 1000:1 and then to 1:1.
...When it leaves the borders, when it jumps across that fence, that 1:1 in my opinion is going to climb. And there are the articles that have told us that it’s maybe about 1.14 or 1.17. In my opinion: no! No, I told you that everything has been doubled.
Delta...I monitor the CBI Arabic site. I have more confirmation...when the rate changes...on the Arabic side...they will send a memo to the bank...every bank before the change occurs. According to the IMF...this must happen...banks to make the change either just before they open OR just after they close. We might be able to know 24 hours or 10 hours before they open by monitoring the CBI website. The new rate of the CBI website would probably show up after business hours...so in America it would probably show up at night. The CBI spreadsheet... the rate for February / March shows the exchange rate around 87 cents.
"It Already has Happened" - Wed. AM TNT Thoughts
GJHHonor:
gm to all , no change on the IQD on the CBI today yet …. come on rv
Red:
I no longer believe the RV is going to happen,, for I believe now it already has happened, we are now awaiting the nice folks to show it to us. called my banker yesterday he spent 5 minutes on a rant about the IQD being a scam yasa yasa yasa, yawn, I said thankyou and disconnected, when will they learn ? after the fact I suppose.
Atlast-51:
Hi Red... I found that when you ask them "how can a country's currency be a scam?", they usually don't have an answer for that. My answer is that just because people have used the currecny to scam people doesn't mean the currency itself "is" the scam... just my two cents
Red:
then the banker said I hope you dont have any of this worthless paper? I said not enough to cause me any sleepless night even if it never revalues, his reply what a shame and waste, time will tell.
AtLast-51:
Red.... please make sure he's one of the first people you talk to after your exchange. Not to push it in his face... just to get him to understand that he really needs to does his own research and not just "tow the party line". Wise investors always look silly to everyone else, until their rich of course! then everyone wants to talk to us….. Apple, Microsoft, Dell... all were once thought to be "worthless dreams"
"We have the Big Ones" - Wed. PM TNT Thoughts/Bank Story
Cruisecontrol100:
The US Government is the largest holder of the Iraqi Dinar oustside of Iraq speculated to be 4 trillion IQD. That sure would put a good size dent in the US deficit.
CharlieOk:
cruisecontrol: That point is not talked about that much, is it?
Believer2:
I wish we could ask the banks that stated they will exchange the ZIM if they will take the 2008 currencies just to be sure,
Spagetti:
Believer…. I have a bank story. My husband went to our bank and spoke to new Invest Mgr. and said what currencies we have incl. Zim. He said, "You have the big ones." he could have said, "All good except Zim. But he didn't/ So it looks good I think."
Bettnt:
- Wow! How's that for verification your bank is aware. Woo Hoo!!! Great bank story, thanks for bringing in
"Go With Flow" - Final Pre-RV Plea - Wednesday - April 12, 2017
"Butt Ass Naked" - Geopolitical Overview - Wednesday - April 12, 2017
Rafidain operations announce the appointment of a competent judge to consider resolveing tribal dsiputes
The Rafidain Operations Command announced on Tuesday the appointment of a judge to look into the resolution of tribal disputes and issue arrest warrants against anyone who obstructs peaceful solutions between the rivals.
Maj. Gen. Ali Ibrahim al-Maksousi, head of operations Rafidain today, said that 'the Presidency of the Court of Appeal of Maysan Federal approved the placement of a special judge to consider resolving tribal conflicts in the province and issuing arrest warrants against those who obstruct peaceful reform initiatives and refer them to the judiciary and the most severe penalties for breach of security And their violation of the law and lack of cooperation with the security forces'.
Al-Moukusi pointed out that '15 accused were brought to justice by those who threaten the civil peace and are displacing citizens and threatening them under the pretext of tribal factions and their non-compliance with the decisions of the Committee for the Resolution of Tribal Disputes which is sponsored and supervised by the leadership of the operations in the consideration of disputes and clan disputes. And reach a state of reconciliation and compromise '.
He added that 'was resolved 25 tribal issues during the first quarter of this year and efforts are continuing to resolve all outstanding issues and intractable and the spread of peace and safety among everyone'.
Maj. Gen. Ali Ibrahim al-Maksousi, head of operations Rafidain today, said that 'the Presidency of the Court of Appeal of Maysan Federal approved the placement of a special judge to consider resolving tribal conflicts in the province and issuing arrest warrants against those who obstruct peaceful reform initiatives and refer them to the judiciary and the most severe penalties for breach of security And their violation of the law and lack of cooperation with the security forces'.
Al-Moukusi pointed out that '15 accused were brought to justice by those who threaten the civil peace and are displacing citizens and threatening them under the pretext of tribal factions and their non-compliance with the decisions of the Committee for the Resolution of Tribal Disputes which is sponsored and supervised by the leadership of the operations in the consideration of disputes and clan disputes. And reach a state of reconciliation and compromise '.
He added that 'was resolved 25 tribal issues during the first quarter of this year and efforts are continuing to resolve all outstanding issues and intractable and the spread of peace and safety among everyone'.
Kauaihn Chatter:
4-12-2017 Intel Guru Delta ...I monitor the CBI Arabic site. I have more confirmation...when the rate changes...on the Arabic side...they will send a memo to the bank...every bank before the change occurs. According to the IMF...this must happen...banks to make the change either just before they open OR just after they close. We might be able to know 24 hours or 10 hours before they open by monitoring the CBI website. The new rate of the CBI website would probably show up after business hours...so in America it would probably show up at night. The CBI spreadsheet... the rate for February / March shows the exchange rate around 87 cents.
4-12-2017 Intel Guru RayRen98 ...we are in a waiting period to see what happens next. Prices have changed in Iraq, such as the airlines adjusting their rates, cell phone companies, and even some employers changing their salaries. I have heard those things, but I haven’t received that information directly. We’re at a stage in this process where the information seems to indicate progress; the wheels are turning and that’s what we want to see. Even our best intel sources cannot call this at an exact time. Our best sources are saying Good Friday will be the best for years… I’m excited.
4-12-2017 Newshound/Intel Guru Mnt Goat ...we were just told today in the news that Mosul is 90% liberated now and we have watched many of the other provinces return to control of the GOI and their security situations improve. We also have seen an amazing change in the political and legal environment since PM Abadi has taken office in 2014 as he worked with the IMF towards set goals. New banking and financial practices have been put in place and loans to help the struggling economy. So we have seen great changes which make me believe the articles is more of summarizing all the items they have already accomplished than what needs to be done. From everything else I am reading in the news too, I believe these major changes are now triggering a necessity for a very significant change to the Iraqi dinar value. But many will say that all the needed laws are not yet in place and I agree...there are some laws that still need to be put in place. [post 2 of 2]
4-12-2017 Newshound/Intel Guru Mnt Goat ...we do know as FACT is that the USA and the IMF has told us they need a fully implemented Iraqi constitution or they can not get “fully” out of sanctions. We just recently read articles too about Abadi meeting with the IMF to settle why they can’t get out of Chapter VII. Do you think this is all coincidental on the timing of these efforts? We should all know that one of THE MOST IMPORTANT parts is the HCL and Article 140 since these are the most contentious. ...the PTB knows that the biggest asset of Iraq is the oil. So are they going to forget about managing this life-blood of Iraq before releasing Iraq back into the global economy? NO! [post 1 of 2....stay tuned]
4-12-2017 Intel Guru RayRen98 ...we are in a waiting period to see what happens next. Prices have changed in Iraq, such as the airlines adjusting their rates, cell phone companies, and even some employers changing their salaries. I have heard those things, but I haven’t received that information directly. We’re at a stage in this process where the information seems to indicate progress; the wheels are turning and that’s what we want to see. Even our best intel sources cannot call this at an exact time. Our best sources are saying Good Friday will be the best for years… I’m excited.
4-12-2017 Newshound/Intel Guru Mnt Goat ...we were just told today in the news that Mosul is 90% liberated now and we have watched many of the other provinces return to control of the GOI and their security situations improve. We also have seen an amazing change in the political and legal environment since PM Abadi has taken office in 2014 as he worked with the IMF towards set goals. New banking and financial practices have been put in place and loans to help the struggling economy. So we have seen great changes which make me believe the articles is more of summarizing all the items they have already accomplished than what needs to be done. From everything else I am reading in the news too, I believe these major changes are now triggering a necessity for a very significant change to the Iraqi dinar value. But many will say that all the needed laws are not yet in place and I agree...there are some laws that still need to be put in place. [post 2 of 2]
4-12-2017 Newshound/Intel Guru Mnt Goat ...we do know as FACT is that the USA and the IMF has told us they need a fully implemented Iraqi constitution or they can not get “fully” out of sanctions. We just recently read articles too about Abadi meeting with the IMF to settle why they can’t get out of Chapter VII. Do you think this is all coincidental on the timing of these efforts? We should all know that one of THE MOST IMPORTANT parts is the HCL and Article 140 since these are the most contentious. ...the PTB knows that the biggest asset of Iraq is the oil. So are they going to forget about managing this life-blood of Iraq before releasing Iraq back into the global economy? NO! [post 1 of 2....stay tuned]
4-12-2017 Intel Guru Frank26 ...for that last week of April...[27, 28, 29]...That’s when I believe in my heart that the Iraqi Dinar might actually be sent into the international world with an international rate. The articles...told you that this was their goal....To get to 1000:1 and then to 1:1. ...When it leaves the borders, when it jumps across that fence, that 1:1 in my opinion is going to climb. And there are the articles that have told us that it’s maybe about 1.14 or 1.17. In my opinion: no! No, I told you that everything has been doubled.
4-12-2017 Newshound Guru Aggiedad77 Article: "«Iraq» is moving to cut its flights ticket prices" first phone cards...then SIM cards...then flight tickets...electricity ...what could possibly be next...just do it...
4-12-2017 Newshound Guru Aggiedad77 Article: "«Iraq» is moving to cut its flights ticket prices" first phone cards...then SIM cards...then flight tickets...electricity ...what could possibly be next...just do it...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abadi heads a meeting of the Ministerial Council for National Security
The Prime Minister and Commander-in-Chief of the Armed Forces, Dr. Haider Al-Abadi, presided over a meeting of the Ministerial Council for National Security.
The Council discussed the progress of our heroic forces in the battle coming Ninewa right side and resolve the battle with the emphasis on preserving the lives of our heroic forces and civilians and has been taking a set of directives that contribute to the achievement of victory and the elimination of quickly.
The measures taken to eliminate organized crime, protect citizens and treat the perpetrators of this crime have been discussed as terrorism, especially as the country is engaged in a fierce war against gangs that support terrorism. And issued several instructions and guidance deterrent to anyone who begs himself to tamper with the security of citizens.
The issue of reports on crimes and their discrimination against malicious communications were also discussed.
The council also reviewed a number of reports related to the security situation and took a number of measures in addition to follow up the previous directives and resolutions.
Prime Minister's Media Office
12 April 2017
The Council discussed the progress of our heroic forces in the battle coming Ninewa right side and resolve the battle with the emphasis on preserving the lives of our heroic forces and civilians and has been taking a set of directives that contribute to the achievement of victory and the elimination of quickly.
The measures taken to eliminate organized crime, protect citizens and treat the perpetrators of this crime have been discussed as terrorism, especially as the country is engaged in a fierce war against gangs that support terrorism. And issued several instructions and guidance deterrent to anyone who begs himself to tamper with the security of citizens.
The issue of reports on crimes and their discrimination against malicious communications were also discussed.
The council also reviewed a number of reports related to the security situation and took a number of measures in addition to follow up the previous directives and resolutions.
Prime Minister's Media Office
12 April 2017
*************
ARTICLE 2
The House of Representatives holds its meeting to vote on amending the draft amnesty law
BAGHDAD, April 13 (Xinhua) - The Iraqi parliament's media department said on Thursday that today's session includes voting on the first amendment bill to the general amnesty law No. 27 of 2017 and voting in principle on the bill revoking the decision of the Revolution Command Council Dissolved No. 204 of 2002 ".
The first session of the proposal of the law of the federal executive authority, as well as the presentation of a report and discussion of the draft law of the first amendment to the Law of Antiquities and Heritage No. 55 of 2002, the quarterly activity report of the Committee on Security and Defense and the quarterly activity report of the Committee on Culture and Information End quote
*************
ARTICLE 3
Infallible: Anfal crimes reflected the criminal behavior of the dictatorship of the past
2017/4/13 11:55 • 31 times read
[Ayna-Baghdad]
The president of the republic, Fouad Masoum, said that the crimes of the Anfal were part of a series of crimes committed by the tyrants against the people, but this crime was so terrible that the whole world was placed on the criminal behavior of the despotic authorities against the Iraqis in Kurdistan and other areas of Iraq.
The president of the republic, Fouad Masoum, said that the crimes of the Anfal were part of a series of crimes committed by the tyrants against the people, but this crime was so terrible that the whole world was placed on the criminal behavior of the despotic authorities against the Iraqis in Kurdistan and other areas of Iraq.
"A group of families of the victims of the Anfal crime committed by the regime of dictatorship against civilians in different regions of Kurdistan have been killed and over 180,000 innocent Iraqi citizens have been killed, Mostly children, the elderly and women. The aerial and chemical bombardment destroyed more than 4,000 safe villages, and arrested and displaced hundreds of thousands of unarmed residents. "
The President of the Republic listened to the delegation members 'talk about the crime and stressed his concern and concern for the legitimate demands of the victims' families and for their justness and justice and peace.
The meeting was attended by a number of members of the House of Representatives in addition to the German writer Karen Melodic on human rights issues.
The President of the Republic listened to the delegation members 'talk about the crime and stressed his concern and concern for the legitimate demands of the victims' families and for their justness and justice and peace.
The meeting was attended by a number of members of the House of Representatives in addition to the German writer Karen Melodic on human rights issues.
*************
ARTICLE 4
Hakim calls for the selection of his successor to the presidency of the coalition and re-formulation of the relationship between the center and the region [expanded]
2017/4/12 19:44
[Ayna-Baghdad]
Called the head of the National Alliance Ammar al-Hakim leaders of the coalition to begin the procedures for the selection of his presidency coming from now, while called for a re-formulation of the relationship between the center and the region.
Called the head of the National Alliance Ammar al-Hakim leaders of the coalition to begin the procedures for the selection of his presidency coming from now, while called for a re-formulation of the relationship between the center and the region.
"The National Alliance has recently been able to perform its duty despite a lot of intransigence and distortions to get out the coalition ship," al-Hakim told a news conference. From the state of stagnation and directed towards the right track, "pointing out that" the current presidency of the coalition is nearing the end of the term of the presidency of the rotating, "calling the leaders of the coalition to make him role model in the exchange of positions and the rotation of the presidency without delay.
He added that "the National Alliance achieved the minimum unity in the Shiite arena and was able to build and do its institutions in record time from the moment of the mandate of the current presidency, while confirmed his prior knowledge that the task is plagued by many obstacles and uncertainties," but "the coalition in a record time to calm down Many of the storms of politics and reduce the political scramble between its components and the national forces. "
He described the national majority as "the sail that will be launched by the ship of Iraq," asserting "support and adoption of the national majority, not the numerical majority," the 2018 elections returned as "sensitive and fateful and the stage that Iraq will pass before the elections impose on its political forces unity behind strategic objectives and principles "The post-election phase needs political understandings that produce a comfortable national majority capable of leading Iraq to the next stage," he said.
He called on Hakim to "re-formulate the relationship between the region and the center in a more realistic and national way and preserve the prestige of the federal government that we believe in and also the rights of the region," warning that "convulsions and provocations and movements are not studied lead to any result only caused by a lot of unjustified, Explaining that "the Iraqi people in the region has been suffering for some time from the problem of the interruption of salaries and reduce support and the stagnation of the economic situation and internal problems that must be resolved by harmony and harmony and benefit from the experiences of large and difficult experienced by the Kurds over dozens of years.
He expressed his confidence in "the President of the region Massoud Barzani and other Kurdish leaders to reach the stage of internal stability, which will reflect on the stability of the relationship between the center and the region and confidence in the leadership of the Kurdistan region, which understands that some irresponsible steps do not serve Kurdish rights and do not protect the national unity of Iraq, All to be as much as the historical responsibility and be very keen to keep away from populist and uneducated decisions, "the relationship between the center and the province and provinces returned" the basis for building a free democratic federal Iraq. "
Al-Hakim renewed his call to "shed light on the existing problems and launch a comprehensive national settlement. It is not important for the labels, but for the content, there are those who call it a social settlement and this is the first step in the national settlement," noting that "the current international situation will determine its positions according to the national situation in Iraq, And the state if the international community is convinced that the Iraqis themselves are not convinced of the solutions that lead them to build a just state and protect their homeland. "
"Many people have tried to avoid proposing the national reconciliation project, although everyone knows that it is the only beginning that will lead us to safety," he said, calling on all to "realize that the real leaders are the ones who put forward the big projects regardless of their popularity or debate."
Al-Hakim said that victory would not have been achieved without calling on God and the will that fills the hearts of our people, noting that many tried to plant frustration and in some stations to reach their goal. "But our people have a spiritual spirit, And victory and our sons today on the fronts, glorify the finest feats and offer the world the lesson of steadfastness and victory in the most difficult circumstances, "describing heroes in the armed forces and the federal police and the popular and tribal masses and the Peshmerga with" pride, dignity and dignity made great sacrifices and stood up and won and proved that Iraq and Lod and that men are born from the womb of attitudes and positions were at the top of pride and honor and dignity. "
He called on all to "sense the real dangers faced by Iraq and the need to exercise freedom with a great degree of awareness and responsibility," adding that "freedom should not be uncontrolled and irresponsible, but it is the cause of conflict and the division of national and community ranks. Freedom of others and dignity. "
Al-Hakim stressed that "the need to respect all political forces and respect for brotherly and friendly countries of Iraq, especially the countries that stood and supported the country in times of distress," noting that "the launch of aggressive slogans tendentious does not express a political position as much as a political short-sightedness, "The fate of the country and the future of the country needs decisive positions, not narrow views, bets, bargains, and policy amateurs," he said.
"The Iraqis have suffered at the hands of the dictator and the tyranny of this weapon, and they are the most people in the region to know the extent of the suffering caused by the use of such weapons as criminal, which does not distinguish between a fighter and a child," he said.
He called for "the formation of an international commission of inquiry to find out the real source of these weapons and those who used them so as not to escape the grip of justice amid the chaos of the existing war," stressing that "the violent reactions and accusations and the initiation of pre-emptive measures without investigation and scrutiny will contribute to complicate the complex Syrian situation already, What is important is to focus on finding a political solution that will spare the Syrian people more blood and suffering.
He added that "the National Alliance achieved the minimum unity in the Shiite arena and was able to build and do its institutions in record time from the moment of the mandate of the current presidency, while confirmed his prior knowledge that the task is plagued by many obstacles and uncertainties," but "the coalition in a record time to calm down Many of the storms of politics and reduce the political scramble between its components and the national forces. "
He described the national majority as "the sail that will be launched by the ship of Iraq," asserting "support and adoption of the national majority, not the numerical majority," the 2018 elections returned as "sensitive and fateful and the stage that Iraq will pass before the elections impose on its political forces unity behind strategic objectives and principles "The post-election phase needs political understandings that produce a comfortable national majority capable of leading Iraq to the next stage," he said.
He called on Hakim to "re-formulate the relationship between the region and the center in a more realistic and national way and preserve the prestige of the federal government that we believe in and also the rights of the region," warning that "convulsions and provocations and movements are not studied lead to any result only caused by a lot of unjustified, Explaining that "the Iraqi people in the region has been suffering for some time from the problem of the interruption of salaries and reduce support and the stagnation of the economic situation and internal problems that must be resolved by harmony and harmony and benefit from the experiences of large and difficult experienced by the Kurds over dozens of years.
He expressed his confidence in "the President of the region Massoud Barzani and other Kurdish leaders to reach the stage of internal stability, which will reflect on the stability of the relationship between the center and the region and confidence in the leadership of the Kurdistan region, which understands that some irresponsible steps do not serve Kurdish rights and do not protect the national unity of Iraq, All to be as much as the historical responsibility and be very keen to keep away from populist and uneducated decisions, "the relationship between the center and the province and provinces returned" the basis for building a free democratic federal Iraq. "
Al-Hakim renewed his call to "shed light on the existing problems and launch a comprehensive national settlement. It is not important for the labels, but for the content, there are those who call it a social settlement and this is the first step in the national settlement," noting that "the current international situation will determine its positions according to the national situation in Iraq, And the state if the international community is convinced that the Iraqis themselves are not convinced of the solutions that lead them to build a just state and protect their homeland. "
"Many people have tried to avoid proposing the national reconciliation project, although everyone knows that it is the only beginning that will lead us to safety," he said, calling on all to "realize that the real leaders are the ones who put forward the big projects regardless of their popularity or debate."
Al-Hakim said that victory would not have been achieved without calling on God and the will that fills the hearts of our people, noting that many tried to plant frustration and in some stations to reach their goal. "But our people have a spiritual spirit, And victory and our sons today on the fronts, glorify the finest feats and offer the world the lesson of steadfastness and victory in the most difficult circumstances, "describing heroes in the armed forces and the federal police and the popular and tribal masses and the Peshmerga with" pride, dignity and dignity made great sacrifices and stood up and won and proved that Iraq and Lod and that men are born from the womb of attitudes and positions were at the top of pride and honor and dignity. "
He called on all to "sense the real dangers faced by Iraq and the need to exercise freedom with a great degree of awareness and responsibility," adding that "freedom should not be uncontrolled and irresponsible, but it is the cause of conflict and the division of national and community ranks. Freedom of others and dignity. "
Al-Hakim stressed that "the need to respect all political forces and respect for brotherly and friendly countries of Iraq, especially the countries that stood and supported the country in times of distress," noting that "the launch of aggressive slogans tendentious does not express a political position as much as a political short-sightedness, "The fate of the country and the future of the country needs decisive positions, not narrow views, bets, bargains, and policy amateurs," he said.
"The Iraqis have suffered at the hands of the dictator and the tyranny of this weapon, and they are the most people in the region to know the extent of the suffering caused by the use of such weapons as criminal, which does not distinguish between a fighter and a child," he said.
He called for "the formation of an international commission of inquiry to find out the real source of these weapons and those who used them so as not to escape the grip of justice amid the chaos of the existing war," stressing that "the violent reactions and accusations and the initiation of pre-emptive measures without investigation and scrutiny will contribute to complicate the complex Syrian situation already, What is important is to focus on finding a political solution that will spare the Syrian people more blood and suffering.
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ARTICLE 5
URGENT An incursion into Al-Nouri Mosque killed 13 Dadsia
2017/4/13 9:28
[Ayna-Baghdad]
Federal police units moved towards the Grand Mosque of Nuri in the Old City on the right side of the city of Mosul. The Federal Police Chief Major-General Raed Shaker Jawdat said in a statement received by the agency of all Iraq [where] a copy of it, that "a regiment of the federal police supported by the armored mechanic band penetrated the old city of the axis of Bab al-Jadid, towards Al-Nuri Mosque, killing 13 terrorists and destroying 7 mechanisms "He said.
Federal police units moved towards the Grand Mosque of Nuri in the Old City on the right side of the city of Mosul. The Federal Police Chief Major-General Raed Shaker Jawdat said in a statement received by the agency of all Iraq [where] a copy of it, that "a regiment of the federal police supported by the armored mechanic band penetrated the old city of the axis of Bab al-Jadid, towards Al-Nuri Mosque, killing 13 terrorists and destroying 7 mechanisms "He said.
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ARTICLE 6
Baghdad is the worst city to live in the world again according to the Mercer classification
BAGHDAD, April 13 (Xinhua) - US firm Mercer announced that for the second consecutive year, the city of Baghdad was ranked last in the world rankings of the countries that provide the best quality of life for 2017, pointing out that "the measure depends on the best living in the city of Where security, political stability, crime rate, law enforcement and relations between host countries and other countries, which awaits the governments of the world and major international companies the results of this classification for use in the management of its employees abroad.
The capital Baghdad was ranked last among the worst living cities in the world, which ranked 231, preceded by the city of Bangui, capital of the Central African Republic ranked 230, preceded by the city of Sanaa, the capital of Yemen, which ranked 229.
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