Word on the Street Tuesday 4/4/17:
TNT CONFERENCE CALL MONDAY 4/3/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Marvelous Monday. We are going to talk just a little bit and it won't be before long. Information wise. bank wise some bank folks saying just stand by and we will let you know. They are anxiously awaiting. The writing is on the wall and pretty much tells us that the news bits that came out over the weekend,. I believe things were put out there for that purpose. The important things to talk about things we are expecting from Iraq meaning the announcements and speeches over there with Abadi. From 2 transcripts of speeches or announcements you can pull tidbits from there. We can make some assumptions from the speeches and the articles. Reference from Abadi nearly 1.6 million people have returned after the liberation, and what is that telling us? That means Mosul has been liberated. When the start making references as the past tense , you can draw conclusions from. Of course there is his April 2nd statement. Here in an exerpt the confrontation with terrorism did not prevent us from reforming the economy and other institutions. Does that sound like past tense phrase? It didnt stop us from reforming. Some of these phrases will help us put two and two together about the information that is not being said direct to us straight forward. The are little nuances and all that is an indication to me of the public revealing of things and coming out in specific ways. Some were probably methodically planned and on the other hand to bring out other information to connecting. As each little bit comes out and connects and as it all unfolds there is you picture. I believe the public release of information is already underway and nearing completion. Some things that we already made aware of that were done deals are now resurfacing as if they ned to be agreed upon. They have already been agreed upon, but this may not have been made fully public yet. Now is the time to make those things public, so all things can line up. That is the HCL and all of that stuff chapter 7 and 8. Political theatrics and it is a process, and some of this process we were not fully aware of what needed to take place. We have been witnessing some of that,and it is all good. The beauty of that of the things you are hearing over the weekend and getting excited about, we already told yout hat it was to be or already done. Some is just coming to light. I said to a group this morning,there is nothing to be excited about,since we already knew these things. This is conviction of us and it is about time that this is finally coming out. We are in a good place. Everything is looking good extremely good, so lets see what questions members have. Q&A: Q: Is there a rule in place saying when you deposit money in the bank it can be used by the bank in a crisis? Ray: Call your bank and ask them and they will answer this easy for you. Q: Will there be structured payouts as discussed? Ray: We will find out and if it is even legal and on what level is it legal. Q: I was on Sunday morning chat, you left saying it was a bank person. Did he give you any info? Ray: yes, to stand by. Callers: 865. You seemo be in in a happy mood. How would you say about the excitement levels of your sources? Ray: The Iraqi sources, they have their money and not excited anymore and you will see yours. We got ours. Catnip: Could you say they are celebrating worldwide? Ray: Yes you could say that. Iraqis that have been paid shared with us based on the new rate and not the old rate. They are happy that they have funds that they can actually touch feel and do something with. Other segment is still waiting. Over people over here believe not are all going at the same time. Now the bank people here are excited. All they can say it is still in the works and still come just wait. We just patiently wait knowing the end is not near. It is here. Catnip: Any reference to Kuschner over in Iraq? Ray: There is nothing I can share yet. Caller: Post RV how soon after will you have wi financial workshops? Ray: First sessions will be banking seminars 2 to 3 days after the release of the RV. We are waiting for 800 numbers and I believe they do exist. I have not received any confirmation, but I believe they will be coming our way. So we await further details on that. In additon to that we already have 46 banking institutions that I know we can work with. We just don't like the rate today, so that too will be completely revealed at the right time for us to pick and choose so wherever we want to do business and engage. That is going to put us at a level we were not at before. The teamwork makes the dream work. We have all of these things to work with and in the meantime and in between time dot your I's. Bat down the hatches. Dont just sit and wait for the minute, hour or day. Make sure you are ready for that day. This is the day for addtional opportunity to finalize your plan and have it ready. A lot of folks were looking for this thing to pop over the weekend. The information we heard from the articles that are out and the press conferences and announcements. This is saying we are coming to an end, but not necessarily by Monday morning. I definately feel we are in the week for this to finally unfold if not for all of us but for some of us. They will go in stages as well, and that remains to be seen. All we can do now is sit back and wait, relax and make sure we have everything lined up like we want it to be. When it is time to strike your iron will already be hot. You will know what move to make. We will be here in the background to assist you. There will be some things from the first wave and how they survived. Stay loose happy and unbeat. When the minute and hour hits you will be in a happy place and you will be a good recipient of information. It is Monday and anything can happen any second, any minute and any hour any day this week. That is what I am looking for and that is what I Believe. How about you? Rayren98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,138.3000 | 1,136.2000 | 1,136.2000 | | 07:11 |
| USD/VND | | | 22,328.0000 | 22,310.0000 | 22,328.0000 | | 07:11 |
| USD/CNY | | | 6.8915 | 6.8820 | 6.8891 | | 07:12 |
| USD/KWD | | | 0.3049 | 0.3042 | 0.3042 | | 06:41 |
| GBP/USD | | | 1.2495 | 1.2421 | 1.2489 | | 07:13 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,336.0000 | 13,306.0000 | 13,315.0000 | | 07:10 |
CNBC Link: http://www.cnbc.com/markets/
CNBC Morning Squawk Link:
DC NY Iraq Articles:
Masoum endorses three laws, including the amendment of the Iraqi Journalists Syndicate Law
Release date: 2017/4/3 12:51 • 16 times read
{Baghdad: Al-Furat News} President Fuad Masum has ratified three laws.
According to a presidential statement received by the agency {Euphrates News} copy of it, that infallible "ratified the law of the second amendment to the law of the Federation of Chambers of Commerce, based on what was approved by the House of Representatives and in accordance with the provisions of item {I} of Article {61} and Article III of Article (73) the Constitution".
The President of the Republic also ratified the Fourth Amendment Law of the Syndicate of Journalists Law No. 178 of 1969, amended for the year 2017, on the basis of what was approved by the Chamber of Deputies and in accordance with the provisions of the Article and in accordance with the provisions of Article (1) of Article 61 and Article III of Article 73 of the Constitution. .
The statement referred to the President's approval of the "Law on the Protection of Witnesses, Experts, Detainees and Rescuers, on the basis of what was approved by the Chamber of Deputies and in accordance with the provisions of Article {1} of Article 61 and Article III of Article 73 of the Constitution."
The President of the Republic also ratified the Fourth Amendment Law of the Syndicate of Journalists Law No. 178 of 1969, amended for the year 2017, on the basis of what was approved by the Chamber of Deputies and in accordance with the provisions of the Article and in accordance with the provisions of Article (1) of Article 61 and Article III of Article 73 of the Constitution. .
The statement referred to the President's approval of the "Law on the Protection of Witnesses, Experts, Detainees and Rescuers, on the basis of what was approved by the Chamber of Deputies and in accordance with the provisions of Article {1} of Article 61 and Article III of Article 73 of the Constitution."
Parliament votes today on official holidays and the exemption of the head of the Communications Authority
Date of release: 2017/4/3 10:32 • 125 times prescribed
(Baghdad: Al Furat News) The House of Representatives is holding its regular Monday, voting on a number of laws and completing the questioning of the Minister of Health and Environment.
The agenda of the session includes "voting on the draft law on the seizure and confiscation of movable and immovable property belonging to the pillars of the former regime, voting on the draft law on public holidays and voting on the proposed amendment to the First Law of the Iraqi Media Network No. 26 of 2015."
The meeting also included the voting on the exemption of the head of the media and communications authority, the initiative of parliamentarians for community peace in Nineveh, the completion of the questioning of the Minister of Health and the Environment [Adelah Hammoud] of MP Awad al-Awadi, the general topic of discussion on the security situation in Sinjar district, Regular in a region] ".
The first reading of the proposal to amend the law of the High Commission for Human Rights No. 53 of 2008, the first reading of the proposed law of the first amendment to the law of the Martyrs Foundation No. 2 of 2016, and the report and discuss the proposed law of the second amendment to the law of the Independent High Electoral Commission No. 11 of 2007. is over
The meeting also included the voting on the exemption of the head of the media and communications authority, the initiative of parliamentarians for community peace in Nineveh, the completion of the questioning of the Minister of Health and the Environment [Adelah Hammoud] of MP Awad al-Awadi, the general topic of discussion on the security situation in Sinjar district, Regular in a region] ".
The first reading of the proposal to amend the law of the High Commission for Human Rights No. 53 of 2008, the first reading of the proposed law of the first amendment to the law of the Martyrs Foundation No. 2 of 2016, and the report and discuss the proposed law of the second amendment to the law of the Independent High Electoral Commission No. 11 of 2007. is over
Operation of Kufa Cement Paper Factory after 9 years
2017/4/3 9:56 • 73 times read
{Baghdad: Al Furat News} The State Company for Iraqi Cement, one of the companies of the Ministry of Industry and Minerals, started operating the paper bags factory of the Kufa cement plant after a break of more than nine years.
The official spokesman for the Ministry of Industry and Minerals Abdul Wahid Alwan Al-Shammari said in a statement received by the agency {Euphrates News} a copy of it, "the cadres of the company has restarted the paper bags factory, realizing the economic feasibility was spent to buy these bags to fill the cement produced in the Kufa plant," adding that "This work and jealousy of maintenance work and rehabilitation continues according to the plans and methodology prepared by the company to meet the need of the market and reduce prices for the return of prestige manufactured in Iraq, the local markets again."
Al-Shammari added that "the cadres of the Babylon Cement Factory were able to operate a furnace in the lab after an interruption of more than five years and came the efforts of the cadres of engineering and technical work in support of the advancement of local product and to increase production and encourage the movement of ages and support the government to promote the national industry.
Al-Shammari added that "the cadres of the Babylon Cement Factory were able to operate a furnace in the lab after an interruption of more than five years and came the efforts of the cadres of engineering and technical work in support of the advancement of local product and to increase production and encourage the movement of ages and support the government to promote the national industry.
Sadr bars Saraya peace politically
Baghdad - Journal News
Sadr's leader, Moqtada al-Sadr, on Tuesday issued orders to the Saraya al-Salam, during which he directed them not to enter the parliamentary elections, saying that "it is forbidden to molecule well."
President of Zain Iraq discusses with the Governor of Karbala the importance of partnership with the private sector to develop services for citizens
(Independent) ... Karbala visited a delegation of Zain Iraq, headed by the Chief Executive Ali Zahid and included a number of the company's technical and commercial departments and met with the governor Aqil Turaihi and the delegation reviewed the plans of the company to develop and develop its services in the province of Karbala.
The governor emphasized the importance of the province of Karbala to Iraq as a religious center receives millions of visitors annually and the importance of the company to develop appropriate plans for the development of the telecommunications sector and information technology to fit this momentum and provide the best services to citizens and visitors to the province of Karbala.
The delegation listened to Al-Turaihi's remarks and the company stressed its interest and focus on providing the best services to Karbala governorate, its citizens and visitors in accordance with international standards to be a global model in the telecommunications sector in Iraq.
Al Zahid stressed the importance of Karbala governorate in the operations of the company and that the company has been exerting all efforts and resources to develop its network in Karbala in addition to the importance of strategic partnership with the competent departments for the development of the telecommunications sector in Karbala, which begins consultation and taking the views of all parties concerned to be input Strategic plan carefully designed to ensure sustainable development and services provided in accordance with the best international standards for citizens.
"Karbala was one of the first governorates to adopt a strategy of partnership with the private sector to promote the sectors of service delivery to citizens. We know the importance of such partnerships and their impact on the local economy and to raise the quality of such services, the world.
At the end of the meeting, the delegation of Zain Iraq thanked the Governor, Ali Hassan, for his reception, the allocation of time and valuable remarks and announced that he hoped to be a step towards multiple meetings to provide the best for the citizens and visitors of Karbala. (End)
Kauaihn Iraq Articles:
40 thousand Iranians visit the religious thresholds in Iraq every day
Date of release: • 2017/4/3 10:06 • 74 times scheduled
"On March 21, the religious thresholds in Iraq received 40,000 Iranian visitors every day," Mohsin Nafati, director general of Iran's pilgrimage and pilgrimage service, said.
In a press statement, Naffti pointed out that 17,000 Iranian visitors visited Kerbala daily, as well as 17,000 other visitors to Najaf, and received Kadhimiya for 7,000 visitors daily.
"The Iranian official predicted that the number of Iranian visitors to the religious thresholds in Iraq during the next three days and until the 21 of April, 120 thousand visitors," noting that "these visits are part of convoys belonging to the Hajj Foundation and the Iranian visit."
"The Hajj and Visit Foundation has a great responsibility in the conduct of these convoys to the religious thresholds in Iraq, in light of the narrow possibilities of the Iraqi government, which today spends most of its energies in the fight against terrorism and the gang and also maintain the internal security of this country," he said. . is o
"The Iranian official predicted that the number of Iranian visitors to the religious thresholds in Iraq during the next three days and until the 21 of April, 120 thousand visitors," noting that "these visits are part of convoys belonging to the Hajj Foundation and the Iranian visit."
"The Hajj and Visit Foundation has a great responsibility in the conduct of these convoys to the religious thresholds in Iraq, in light of the narrow possibilities of the Iraqi government, which today spends most of its energies in the fight against terrorism and the gang and also maintain the internal security of this country," he said. . is o
Sheikh Hamoudi to Canadian delegation: immediate global action must be taken to defeat a fanatic
Date of release: 2017/4/4 11:31 • 43 times scheduled
(Baghdad: Al-Furat News) Member of the Presidency of the House of Representatives Sheikh Hamam Hamoudi called on the international community to expand the scope of information to combat terrorism.
A statement from his office received a copy of the agency, "Euphrates News" copy, that Sheikh Hamoudi met, in the context of the proceedings of the conference of the Inter-Parliamentary Union in Bangladesh, a Canadian parliamentary delegation and pointed out during the meeting to "the need to take immediate global action to defeat a fanatic."
Sheikh Hamoudi also met with a Japanese parliamentary delegation and stressed that "economic cooperation is the foundation of today's world."
He pointed out "the importance of entering major investment projects inside Iraq, especially in the fields of building schools and rehabilitation of Iraqi factories," stressing that "economic cooperation has become the basis of development of the world and the development of relations between their peoples."v
Sheikh Hamoudi also met with a Japanese parliamentary delegation and stressed that "economic cooperation is the foundation of today's world."
He pointed out "the importance of entering major investment projects inside Iraq, especially in the fields of building schools and rehabilitation of Iraqi factories," stressing that "economic cooperation has become the basis of development of the world and the development of relations between their peoples."v
Iraq condemns the bombing of the metro in Petersburg and calls for more cooperation against extremism
Editorial Date: 2017/4/4 8:41 • 92 times read
Baghdad: The Iraqi Foreign Ministry condemned the bombing of the subway station in the Russian city of Saint Petersburg, which left 11 dead and about 45 wounded.
"The Ministry of Foreign Affairs expresses its condemnation and condemnation of the bombing of the subway in the Russian city of St. Petersburg. The families of the victims and the wounded share the feelings of sorrow and pain in this crime," Ahmed Jamal, spokesman for the ministry, said in a statement. Its solidarity with the people and government of the Russian Federation against black terrorism. "
"The foreign ministry reiterates the need to coordinate more international efforts to eliminate extremist groups that are targeting innocent people wherever they are," Jamal added.
"The foreign ministry reiterates the need to coordinate more international efforts to eliminate extremist groups that are targeting innocent people wherever they are," Jamal added.
The Supreme Council calls upon the Kurds not to confuse the situation in the country
Baghdad - Journal News
A leader in the Islamic Supreme Council that "the Iraqi military command a red line can not be exceeded under any item."
"The National Alliance announced its rejection of the presence of American bases and the American presence that affects the Iraqi decision and Iraqi sovereignty, but at the same time, the coalition confirms that Iraq needs the efforts of the National Alliance to provide advice and training," Salah al-Arabawi told the Journal News on Monday. Security forces to fight the terrorist and support logistical and technical. "
He added that "the issue of raising the flag of Kurdistan falls within specific contexts governing the state, where Kirkuk is an Iraqi province and the areas divided by these areas are subject to Article (140), which has not resolved their status to this moment has not been issued legislation and certain procedures to resolve this issue and therefore not from The right of the territorial government to raise the flag by force and without the approval and vote of Parliament, "as" what was issued by Parliament is clear evidence that the federal legislative authority rejects such decisions are decisions contrary to the Constitution. "
Al-Arabawi said that "the National Alliance in turn stressed that such actions do not contribute to create an environment for dialogue and national understanding, but sour the atmosphere and lead to fragmentation of national cohesion."
Iraq: Competitive industrial complexes to diversify revenues
Baghdad - Journal News
The member of the Baghdad Economic Forum, Amer Al-Jawahri, proposed to implement the effective, professional and flexible implementation of the industrial strategy until 2030, which stipulated the achievement of a national industry that competes regionally and globally, adopts excellence and creativity, achieves diversified economy and creates jobs using resources efficiently, efficiently and responsibly.
He pointed out in an interview with Al-Hayat newspaper that the implementation of the strategy "requires the building of a nucleus of competitive industrial clusters based on large industrial enterprises integrated with local and global value chains, and creating efficient and stable working conditions that allow the existence and growth of private enterprises." He stressed the importance of improving industrial and knowledge infrastructure and adopting an appropriate governance system that supports the implementation of the strategy.
The industrial sector in Iraq faces problems, the most important of which is the inability to compete with imported goods, which do not meet the qualitative specifications and intervention in various forms and from many outlets, as well as the absence of mechanisms of genuine protection of the national product.
He considered the jeweler, the possibility of «the formation of the Observatory of Competitiveness at a later stage». He stressed the need to "continue the campaign of rehabilitation and development of factories previously implemented by the Ministry of Industry and Minerals, and the operation of laboratories professionally and rigorously, to be able to produce the maximum capacity available target design capacities, taking into account the financial capabilities available and the fact that any development in the aspects of production and marketing, Additional Resources ». The importance of taking into account the priority of sectors and the feasibility of development, while adopting business plans prepared for public companies in the Ministry of Industry and Minerals, and improving the ability to market, compete and protect production in the domestic market,
He suggested that the Industrial Coordinating Council should "change the components of the boards of directors of the general industrial companies and its mechanism so as to assume their responsibilities in improving the performance and profitability of their companies and the introduction of a sectoral representative from the private activity as a member and according to activity, while moving to change the principle of separation between management and ownership, Of the authority of the Director General and to deal with this by legislation. " He recommended "increasing the representation of private sector institutions in the Industrial Coordinating Council". He stressed the need to "use the Ministry of Industry and Minerals Council consultants retired experts and stakeholders and sectoral interests, to be the advisory arm approved by the Minister and the Industrial Coordinating Council and the industrial system, and to participate in monitoring the plans and activities of the Ministry and the industrial sector and evaluation,
The Businessmen's Union and the Center for International Projects organized a workshop for the dialogue program between the private sector and decision-makers, in which they openly discussed the economic backwardness of bureaucracy, corruption and legislative intersections that regulate the work, which create an unsuitable business environment to attract investments in all sectors.
Discussions at the workshop focused on the need to create realistic solutions to the problems of the economy, especially that the fundamentals of economic development are available and can be achieved in some sectors in a rapid manner, in the case of labor systems, especially in the agricultural and industrial sectors. It also tackled the reality of the banking, investment and agriculture sectors as well as industry, contracting, infrastructure, trade, business and tourism, as well as mobilizing efforts to develop the sector and industrial and productive projects.
The dialogues focused on tackling developmental problems, achieving economic reform, national liberation from terrorism, eliminating corruption, strengthening national unity and diversifying national production. It did not overlook the issue of rapprochement between banks and investment and the importance of this in the recovery of the economy. The private sector must take its role in economic development and play the role of the industrial bank. She pointed to the importance of developing productivity and directing loans to achieve economic feasibility.
Kauaihn Economic Times:
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GLOBAL/ NEWS/ INFO
6 types of financial planners: Which one is right for you?
USA TODAY
USA TODAY
Selecting a financial planner is a decision you should take seriously. Read the full story
Common Tax Deductions, and the Qualifications That Come With Them
The Wall Street Journal
The Wall Street Journal
What you can and can’t deduct from your income tax return depends on your personal situation and a complex and cumbersome tax code. WSJ’s Veronica Dagher breaks it down in Save It, Spend It. Read the full story
OIL / COMMODITIES / ENERGY
Gold slips on profit taking, firm dollar
Gold prices fell on Monday on a firm dollar and as investors booked profits after bullion recorded its best quarter in a year on Friday.
Read more: http://www.cnbc.com/id/
Oil Traders Are Looking at the Wrong Inventory Data
Bloomberg
There is plenty of crude, which is a raw material, but there is a decline in the actual refined products that drivers consume. Read the full story
Warrior Met Coal prices IPO to raise up to $364.2 million
MarketWatch
Warrior Met Coal set the terms of its initial public offering, setting the producer and exporter of metallurgical coal to raise $364.2 million before fees. The IPO of 16.7 million shares is expected to price between $17 to $19 a share, with underwriters also granted options to buy up to 2.5 million additional shares. The stock has been approved to list on the New York Stock Exchange under the symbol "HCC." Credit Suisse, Citigroup and Morgan Stanley are the lead underwriters. The company had Read the full story
OIL / COMMODITIES / ENERGY
Gold slips on profit taking, firm dollar
Gold prices fell on Monday on a firm dollar and as investors booked profits after bullion recorded its best quarter in a year on Friday.
Read more: http://www.cnbc.com/id/
Oil Traders Are Looking at the Wrong Inventory Data
Bloomberg
Bloomberg
There is plenty of crude, which is a raw material, but there is a decline in the actual refined products that drivers consume. Read the full story
Warrior Met Coal prices IPO to raise up to $364.2 million
MarketWatch
MarketWatch
Warrior Met Coal set the terms of its initial public offering, setting the producer and exporter of metallurgical coal to raise $364.2 million before fees. The IPO of 16.7 million shares is expected to price between $17 to $19 a share, with underwriters also granted options to buy up to 2.5 million additional shares. The stock has been approved to list on the New York Stock Exchange under the symbol "HCC." Credit Suisse, Citigroup and Morgan Stanley are the lead underwriters. The company had Read the full story
BANKS / BANKING
The all-cash Chinese buyer is dying – here's what that means for NYC banks
Business Insider
Late last year, Steven Ho saw alarm bells on social media: The Chinese government was gearing up for a major crackdown on foreign investment, and on messaging platforms such as WeChat and Line, Ho's friends told him they were concerned that money would be tighter. In January, those worries became reality, as the government imposed exacting new capital controls that required Chinese citizens to disclose the purpose of their foreign investments. In the days that followed, numerous callers told Ho, Read the full story
HSBC’s new compliance rules require clients to provide more account information
HSBC Holdings is stepping up its compliance procedures this year to meet higher global standards.
Read more: http://www.cnbc.com/id/
China’s largest banks beat expectations in 2016 earnings, what lies ahead may not be as rosy
CNBC
China’s largest banks reported better than expected 2016 earnings, but analysts warned that a property market shock could threaten financial stability. Read the full story
The all-cash Chinese buyer is dying – here's what that means for NYC banks
Business Insider
Business Insider
Late last year, Steven Ho saw alarm bells on social media: The Chinese government was gearing up for a major crackdown on foreign investment, and on messaging platforms such as WeChat and Line, Ho's friends told him they were concerned that money would be tighter. In January, those worries became reality, as the government imposed exacting new capital controls that required Chinese citizens to disclose the purpose of their foreign investments. In the days that followed, numerous callers told Ho, Read the full story
HSBC’s new compliance rules require clients to provide more account information
HSBC Holdings is stepping up its compliance procedures this year to meet higher global standards.
Read more: http://www.cnbc.com/id/
China’s largest banks beat expectations in 2016 earnings, what lies ahead may not be as rosy
CNBC
CNBC
China’s largest banks reported better than expected 2016 earnings, but analysts warned that a property market shock could threaten financial stability. Read the full story
TREASURIES/ BONDS/ STOCKS
Investment Psychology 101: Don’t let emotions influence your investing decisions
CNBC
To maximize wealth accumulation over our lives, it is critical to understand our "intrapsychic" systems, solve for them and manage them over time. Read the full story
Nasdaq reaches fresh all-time intraday high as Wall Street braces for data-packed week
CNBC
U.S. equities traded mostly higher on Monday as investors braced for a week filled with key economic data. Read the full story
Europe markets mixed as investors eye US policy, data; Imagination Technology down 65%
Markets in Europe were mixed on Monday as investors eyed trade and economic policies in the U.S. and looked ahead to new economic data.
Read more: http://www.cnbc.com/id/
Asia markets higher, Trump’s NKorea comments weigh
Asian shares were higher on Monday, as traders eye news ahead of Chinese President Xi Jinping's visit to the U.S.
Read more: http://www.cnbc.com/id/
TREASURIES/ BONDS/ STOCKS
Investment Psychology 101: Don’t let emotions influence your investing decisions
CNBC
CNBC
To maximize wealth accumulation over our lives, it is critical to understand our "intrapsychic" systems, solve for them and manage them over time. Read the full story
Nasdaq reaches fresh all-time intraday high as Wall Street braces for data-packed week
CNBC
CNBC
U.S. equities traded mostly higher on Monday as investors braced for a week filled with key economic data. Read the full story
Europe markets mixed as investors eye US policy, data; Imagination Technology down 65%
Markets in Europe were mixed on Monday as investors eyed trade and economic policies in the U.S. and looked ahead to new economic data.
Read more: http://www.cnbc.com/id/
Asia markets higher, Trump’s NKorea comments weigh
Asian shares were higher on Monday, as traders eye news ahead of Chinese President Xi Jinping's visit to the U.S.
Read more: http://www.cnbc.com/id/
CURRENCIES
Buy currency now for foreign trips in near future
Business Standard
If you are travelling internationally in the next two months, it’s a good time to exchange your currency. The rupee has appreciated against all major currencies in the past two months. It has risen 6.1 per cent against the Canadian dollar, 4.7 per cent against the US dollar, 4.1 per cent against the euro and 5.1 per cent against the pound. “A strong rupee may or may not continue in the future, especially around an individual’s travel dates. The current gains are good enough to lock-in a major Read the full story
Dollar firms as manufacturing data seen supporting Fed rate hikes
MarketWatch
The dollar firmed moderately against leading rivals Monday ahead of U.S. manufacturing data that’s expected to show little change from recent readings, but likely won’t sway the Federal Reserve from plans to raise interest rates again this year. Accordingly, the dollar’s moves were limited so far. Read the full story
Sterling has tumbled after manufacturing growth slipped again in March
City A.M.
The pound fell against both the euro and the dollar this morning after closely-watch figures showed UK manufacturing growth shrank unexpectedly. Markit's Purchasing Managers' Index, which measures growth in output, fell to 54.2 in March, down from 54.6 in February - and almost a whole point below the 55.1 analysts had expected. Any figure below 50 denotes a contraction in the sector. Sterling dropped 0.3 per cent against the dollar, to $1.2507, and 0.5 per cent against the euro, to €1.1722, on Read the full story
Why a 'significantly undervalued' pound will bounce back this year
The Telegraph
Sterling will climb back to levels not seen since the Brexit vote by the start of next year, according to analysts who believe the currency is “significantly undervalued”. Read the full story
South Africa’s currency sinks as new finance minister eyes ‘radical economic transformation’
South Africa's currency saw renewed pressure Monday as investors fret over the shock sacking of highly-respected Finance Minister, Pravin Gordhan.
Read more: http://www.cnbc.com/id/
Rand falls further as concern mounts
BBC News
Worries about the economy persist as remarks by the new finance minister fail to stem the rand's fall. Read the full story
Australian dollar falls
Inside Retail
Aussie dollar is down against its US counterpart. Read the full story
NZ dollar holds below 70 US cents at start of week
Scoop
April 3 (BusinessDesk) - The New Zealand dollar was little changed below 70 US cents, having traded in a 1 US cent range for more than a fortnight, as it starts a week with little on the local calendar and the focus likely to be on US data. Read the full story
Rupee strengthens against US dollar on Asian cues
Livemint
Mumbai: The Indian rupee on Monday strengthened further against the US dollar in opening trade, tracking gains in its Asian peers. Read the full story
Forex - Yen holds gains in Asia after Tankan surveyInvesting.com
Yen holds gain in Asia Read the full story
USA
US manufacturing growth slows to a 6-month low, Markit says
Business Insider
The Institute for Supply Management and Markit Economics on Monday released reports on surveys of US manufacturers conducted during March. Markit's final purchasing manager's index fell to 53.3, below the forecast for 53.5 according to Bloomberg. According to Markit, manufacturing growth slowed to a six-month low. New orders came in at the slowest pace since October. "The post-election resurgence of the manufacturing sector seen late last year is showing signs of losing steam," said Chris Read the full story
Fed minutes highlight economic news
CURRENCIES
Buy currency now for foreign trips in near future
Business Standard
Business Standard
If you are travelling internationally in the next two months, it’s a good time to exchange your currency. The rupee has appreciated against all major currencies in the past two months. It has risen 6.1 per cent against the Canadian dollar, 4.7 per cent against the US dollar, 4.1 per cent against the euro and 5.1 per cent against the pound. “A strong rupee may or may not continue in the future, especially around an individual’s travel dates. The current gains are good enough to lock-in a major Read the full story
Dollar firms as manufacturing data seen supporting Fed rate hikes
MarketWatch
MarketWatch
The dollar firmed moderately against leading rivals Monday ahead of U.S. manufacturing data that’s expected to show little change from recent readings, but likely won’t sway the Federal Reserve from plans to raise interest rates again this year. Accordingly, the dollar’s moves were limited so far. Read the full story
Sterling has tumbled after manufacturing growth slipped again in March
City A.M.
City A.M.
The pound fell against both the euro and the dollar this morning after closely-watch figures showed UK manufacturing growth shrank unexpectedly. Markit's Purchasing Managers' Index, which measures growth in output, fell to 54.2 in March, down from 54.6 in February - and almost a whole point below the 55.1 analysts had expected. Any figure below 50 denotes a contraction in the sector. Sterling dropped 0.3 per cent against the dollar, to $1.2507, and 0.5 per cent against the euro, to €1.1722, on Read the full story
Why a 'significantly undervalued' pound will bounce back this year
The Telegraph
The Telegraph
Sterling will climb back to levels not seen since the Brexit vote by the start of next year, according to analysts who believe the currency is “significantly undervalued”. Read the full story
South Africa’s currency sinks as new finance minister eyes ‘radical economic transformation’
South Africa's currency saw renewed pressure Monday as investors fret over the shock sacking of highly-respected Finance Minister, Pravin Gordhan.
Read more: http://www.cnbc.com/id/
Rand falls further as concern mounts
BBC News
BBC News
Worries about the economy persist as remarks by the new finance minister fail to stem the rand's fall. Read the full story
Australian dollar falls
Inside Retail
Inside Retail
Aussie dollar is down against its US counterpart. Read the full story
NZ dollar holds below 70 US cents at start of week
Scoop
Scoop
April 3 (BusinessDesk) - The New Zealand dollar was little changed below 70 US cents, having traded in a 1 US cent range for more than a fortnight, as it starts a week with little on the local calendar and the focus likely to be on US data. Read the full story
Rupee strengthens against US dollar on Asian cues
Livemint
Livemint
Mumbai: The Indian rupee on Monday strengthened further against the US dollar in opening trade, tracking gains in its Asian peers. Read the full story
Forex - Yen holds gains in Asia after Tankan surveyInvesting.com
Yen holds gain in Asia Read the full story
USA
US manufacturing growth slows to a 6-month low, Markit says
Business Insider
Business Insider
The Institute for Supply Management and Markit Economics on Monday released reports on surveys of US manufacturers conducted during March. Markit's final purchasing manager's index fell to 53.3, below the forecast for 53.5 according to Bloomberg. According to Markit, manufacturing growth slowed to a six-month low. New orders came in at the slowest pace since October. "The post-election resurgence of the manufacturing sector seen late last year is showing signs of losing steam," said Chris Read the full story
Fed minutes highlight economic news
MIDDLE EAST
This confidence boost may be the starting pistol on Iraq's road to becoming a market economy
CNBC
An upgrade in its credit outlook from Fitch has given war-torn Iraq an unexpected boost on its path to becoming an investment hot spot. Read the full story
Donald Trump's son-in-law Jared Kushner is in Iraq
Daily Mail
Donald Trump's son-in-law Jared Kushner is currently in Iraq travelling with the chairman of the Joint Chiefs of Staff Marine General Joseph Dunford, according to multiple media outlets. Read the full story
PM's Saudi trip shows few nations will be ruled out of her 'global Britain'
the guardian
Theresa May will raise eyebrows by visiting the Arab state this week, but her post-Brexit trade ambitions demand it Read the full story
Oil prices slip as Libya disruption resolved, investors watch for Saudi exports
MarketWatch
Crude-oil futures edged lower Monday after the resolution of output disruptions in Libya brought the recent rally in prices to a halt. Read the full story
GCC bourses’ trend subject to oil prices, global stocks - Analysts
Mubasher
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see further fluctuations on Monday, amid anticipation for the performance of oil prices and global stocks to be affected by US President Donald Trump’s unclear vision, analysts told … Read the full story
AFRICA
This confidence boost may be the starting pistol on Iraq's road to becoming a market economy
CNBC
CNBC
An upgrade in its credit outlook from Fitch has given war-torn Iraq an unexpected boost on its path to becoming an investment hot spot. Read the full story
Donald Trump's son-in-law Jared Kushner is in Iraq
Daily Mail
Daily Mail
Donald Trump's son-in-law Jared Kushner is currently in Iraq travelling with the chairman of the Joint Chiefs of Staff Marine General Joseph Dunford, according to multiple media outlets. Read the full story
PM's Saudi trip shows few nations will be ruled out of her 'global Britain'
the guardian
the guardian
Theresa May will raise eyebrows by visiting the Arab state this week, but her post-Brexit trade ambitions demand it Read the full story
Oil prices slip as Libya disruption resolved, investors watch for Saudi exports
MarketWatch
MarketWatch
Crude-oil futures edged lower Monday after the resolution of output disruptions in Libya brought the recent rally in prices to a halt. Read the full story
GCC bourses’ trend subject to oil prices, global stocks - Analysts
Mubasher
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to see further fluctuations on Monday, amid anticipation for the performance of oil prices and global stocks to be affected by US President Donald Trump’s unclear vision, analysts told … Read the full story
AFRICA
They stand with the rand: Why some say South Africa's currency will weather the storm
The political upheaval in South Africa is getting in the way of a strong recovery for the rand.
Read more: http://www.cnbc.com/id/
eNCA | Treasury will soon be run down like Eskom and SABC, says VavieNCA.com
Zwelinzima Vavi told protesters that National Treasury will become [like] Eskom, SABC, PetroSA and all other State institutions that have been driven to the ground. Read the full story
Whole Foods, Yum China, South Africa: Fast Money Picks For April 3
Benzinga
On CNBC's Fast Money Final Trade, Tim Seymour recommended a long position in iShares MSCI South Africa Index (ETF) (NYSE: Full story available on Benzinga.com Read the full story
South African Startup Hepstar Selected For Silicon Valley's Plug And Play Accelerator
iAfrikan
South African startup, Hepstar, has been selected to participate in Silicon Valley's Plug and Play accelerator programme. Hepstar assists airlines, online travel agencies and car hire aggregation companies to improve travel insurance sales via their existing sales channels using its e-merchandising technology. "Hepstar was founded in late 2013 as an insurance consulting company. During the course of 2015 the inefficiencies in the market provided sufficient basis for the company to pivot towards Read the full story
ASIA
China wants a piece of the US infrastructure boom. Trump won't let it come easy
CNBC
Beijing will need to make things easier for American companies in China. Read the full story
They stand with the rand: Why some say South Africa's currency will weather the storm
The political upheaval in South Africa is getting in the way of a strong recovery for the rand.
Read more: http://www.cnbc.com/id/
eNCA | Treasury will soon be run down like Eskom and SABC, says VavieNCA.com
Zwelinzima Vavi told protesters that National Treasury will become [like] Eskom, SABC, PetroSA and all other State institutions that have been driven to the ground. Read the full story
Whole Foods, Yum China, South Africa: Fast Money Picks For April 3
Benzinga
Benzinga
On CNBC's Fast Money Final Trade, Tim Seymour recommended a long position in iShares MSCI South Africa Index (ETF) (NYSE: Full story available on Benzinga.com Read the full story
South African Startup Hepstar Selected For Silicon Valley's Plug And Play Accelerator
iAfrikan
iAfrikan
South African startup, Hepstar, has been selected to participate in Silicon Valley's Plug and Play accelerator programme. Hepstar assists airlines, online travel agencies and car hire aggregation companies to improve travel insurance sales via their existing sales channels using its e-merchandising technology. "Hepstar was founded in late 2013 as an insurance consulting company. During the course of 2015 the inefficiencies in the market provided sufficient basis for the company to pivot towards Read the full story
ASIA
China wants a piece of the US infrastructure boom. Trump won't let it come easy
CNBC
CNBC
Beijing will need to make things easier for American companies in China. Read the full story
EUROPE
Iceland may peg krona to euro to stabilise trade
The Telegraph
Iceland will examine pegging its currency to the euro in a bid to stabilise the krona after finally ending capital controls a decade after its banking sector collapsed. Read the full story
Europe’s Firm But Fair Approach to Brexit
Bloomberg
Draft guidelines for EU negotiators wisely allow room for compromise. Read the full story
d
EUROPE
Iceland may peg krona to euro to stabilise trade
The Telegraph
The Telegraph
Iceland will examine pegging its currency to the euro in a bid to stabilise the krona after finally ending capital controls a decade after its banking sector collapsed. Read the full story
Europe’s Firm But Fair Approach to Brexit
Bloomberg
Bloomberg
Draft guidelines for EU negotiators wisely allow room for compromise. Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Tuesday, April 4, 2017 did update on the indicative rates 1182 buy rate and 1184 sell rate
The currency auction is 159,961,907
There are no news and announcements for Tuesday, April 4, 2017
ISX Update:
Value Traded
1,912,741,169
Shares Traded
1,947,634,569
ISX ended in Red
Rafidain calls for expediting the dispatch of payrolls of retired citizens for the meal of April
Baghdad / SNG
Called Rafidain Bank, on Tuesday, the General Retirement Authority to expedite the sending of statements of salaries of civilian retirees for the meal of Nissan to be disbursed on time.
The bank's information office said in a statement received by SNG that "the bank is committed to the timing of the payment of salaries of retirees immediately upon arrival from the Pension Authority in accordance with the mechanisms and banking contexts followed."
The office added that "the bank is distributing immediately upon receipt of the payroll from the retirement agency with the instrument covered by the condition of the availability of the balance is then raise the salaries electronically and disbursed," noting that "his work is limited to raising the amounts sent to him upon the arrival of the instruments of the Pension Authority and thus pay salaries immediately to pensioners "He said.
At the beginning of each month, the Rafidain and Rashid Bank pays the salaries of the employees and the military after receiving notification and feeding the amounts from the General Pension Department to the two banks
At the beginning of each month, the Rafidain and Rashid Bank pays the salaries of the employees and the military after receiving notification and feeding the amounts from the General Pension Department to the two banks
.
Click for full view
Kauaihn Chatter:
4-3-2017 Intel Guru RayRen98 ...there have been some announcements and speeches from PM Abadi and from two transcripts of announcements from which we can pull some tidbits of information. For example, “nearly 1.6 million people have returned after the liberation” – that tells us that Mosul has been liberated. Then Abadi made a statement yesterday noting that “confrontation with terrorism and liberation of land didn’t stop us from reforming the economy.” That’s in the past tense, not in the future tense; I believe the public release of information is underway and near completion. Things we thought were done deals are now resurfacing, being made public. All things can line up, such as HCL, Chapter VII, and Chapter VIII. It’s a process, with political theatrics. ...we are in a good place. Everything is saying, “this is coming to an end” and I definitely feel this is the week for this to unfold...
4-3-2017 Newshound/Intel Guru BGG [Kushner is in Iraq at the invitation of Gen. Dunsford...it might not mean anything...but there was a lot of rumor about that a few weeks ago...] ...what it means is... our President wants his most trusted people on the ground in Iraq. He's engaged. Not trying to bail out!!
4-3-2017 Newshound Guru Enorrste Now we need action from the IMF to follow through with the transition to a floating currency and entry into Article 8 of the IMF Charter. This will be the key that unlocks the door for most investors. From that point onward...the Balassa-Samuelson Effect will come into play and there will be significant upward pressure on the value of the dinar. [post 2 of 2]
4-3-2017 Newshound Guru Enorrste Article: "Outlook upgrade could help push Iraq's economic evolution to its next step" This is a very positive sign for us all. When this sort of news finally gets to the mainstream media it means that there is a lot of activity behind the scenes gearing up to enter the Iraqi investment market. I particularly liked this paragraph: "It seems logical to conclude that this implies favorable interest in Iraq and that it would likely be followed by foreign direct investment and eventually by equity inflows," Tabaqchali said." This is the "wild west" affect that KAP [Guru Kaperoni] and I have discussed for some time now. Genuine investors have their eyes and ears open for big opportunities, and this paragraph states clearly that they are ready to jump in as soon as possible. [post 1 of 2....stay tuned]
4-3-2017 Newshound/Intel Guru Mnt Goat So the economic and financial outlook for Iraq is very optimistic. The security situation is rapidly changing for the better. In fact in an interview with pm Abadi, in his recent visit to Washington DC, he has stated “our economy is booming”. I said really? This statement alone reminded me once again that there is something still holding back the launching of the currency reform and that it was not in fact just in the hands of the CBI to implement, they are only the procedural implementers. Then, just literally days later, out pops a couple more articles about the dinar and yet another about removal from Chapter VII sanctions. Something is about to happen and soon. Can you see it? [post 4 of 4]
4-3-2017 Newshound/Intel Guru Mnt Goat So is Mosul liberation all completed... The FACT is there is still no “official” announcement...But all the news now is very promising this may finally be over. I am also told by the CBI they are going to blast out one more educational campaign to the citizens on the process and how the launching of the lower denominations will work. I talk the Central Bank of Iraq quite often and there is absolutely NOT been a new rate in Iraq for in-country or out of country and the lower denominations are NOT yet launched. This is a FACT. What we do know is they told us in a US Congressional Report that a 1:1 with the IQD:USD is most feasible. Also the CBI itself on many occasions has told us the initial rate, when they do get off the “artificial” rate will be either just under or just over $1.00. [post 3 of 4....stay tuned]
4-3-2017 Newshound/Intel Guru Mnt Goat We know that Iraq has confirmed its commitment to “Governmental directives to amend legislation in the transition to a free economy”. We have already seen many new banking regulations and the enforcement of them. We have seen many new laws and changes to existing old Saddam Hussein laws to regulate outside investors and open up the economy to massive investment. We know about the commitment that the USA has recently stated to Iraq and the reaffirmation that the renewed Status of Forces Agreement (SFA) will be implemented fully under the Trump administration. This gives us confidence and hope in the USA support for increased Security and
4-3-2017 Newshound/Intel Guru Mnt Goat We know that pm Abadi has met with UN representatives to review the situation in Iraq to work towards removal of all Chapter VII sanctions. Yes – this would also have to include any sanctions against their currency and financial and economy. This would have to mean they will finally get off this “artificial” rate and “closed” economy. WOW! We know just recently the Central Bank of Iraq replaces its emblem with a new one with...strong monetary connotations. In fact the emblem resembles their new coinage, new coinage not even yet launched. So why replace it's emblem (logo) with these symbols if the intent is not to launch the coins soon? They know from experiences in trying to launch these coins, that it simply will not work unless they get off the artificial rate. [post 1 of 4....stay tuned]
4-3-2017 Newshound Guru mike The market rate is the unofficial value of the currency on the streets. Under normal conditions, Iraqi's would buy and sell dollars through the banks but in Iraq, access to dollars is limited. Right now, Iraqi's don't have unlimited access to the dollar so they're willing to pay more, or 1254-$1 just to get to it. Today's market rate is 1254-$1 which exceeds the 2% MCP the IMF requires for a country to accept Article VIII. If Iraq can get the market rate down to roughly 1205-$1, they'll need to hold this for a minimum of 90 days to demonstrate control of the dinar to the IMF.
4-3-2017 Newshound/Intel Guru BGG [have you heard anything on the HCL?] they won't act on the current HCL structure. They don't like it. They won't do it. ...I doubt the HCL is any "precursor" to an RV. I don't think it is required. IMHO.
4-3-2017 Newshound/Intel Guru BGG [Kushner is in Iraq at the invitation of Gen. Dunsford...it might not mean anything...but there was a lot of rumor about that a few weeks ago...] ...what it means is... our President wants his most trusted people on the ground in Iraq. He's engaged. Not trying to bail out!!
4-3-2017 Newshound Guru Enorrste Now we need action from the IMF to follow through with the transition to a floating currency and entry into Article 8 of the IMF Charter. This will be the key that unlocks the door for most investors. From that point onward...the Balassa-Samuelson Effect will come into play and there will be significant upward pressure on the value of the dinar. [post 2 of 2]
4-3-2017 Newshound Guru Enorrste Article: "Outlook upgrade could help push Iraq's economic evolution to its next step" This is a very positive sign for us all. When this sort of news finally gets to the mainstream media it means that there is a lot of activity behind the scenes gearing up to enter the Iraqi investment market. I particularly liked this paragraph: "It seems logical to conclude that this implies favorable interest in Iraq and that it would likely be followed by foreign direct investment and eventually by equity inflows," Tabaqchali said." This is the "wild west" affect that KAP [Guru Kaperoni] and I have discussed for some time now. Genuine investors have their eyes and ears open for big opportunities, and this paragraph states clearly that they are ready to jump in as soon as possible. [post 1 of 2....stay tuned]
4-3-2017 Newshound/Intel Guru Mnt Goat So the economic and financial outlook for Iraq is very optimistic. The security situation is rapidly changing for the better. In fact in an interview with pm Abadi, in his recent visit to Washington DC, he has stated “our economy is booming”. I said really? This statement alone reminded me once again that there is something still holding back the launching of the currency reform and that it was not in fact just in the hands of the CBI to implement, they are only the procedural implementers. Then, just literally days later, out pops a couple more articles about the dinar and yet another about removal from Chapter VII sanctions. Something is about to happen and soon. Can you see it? [post 4 of 4]
4-3-2017 Newshound/Intel Guru Mnt Goat So is Mosul liberation all completed... The FACT is there is still no “official” announcement...But all the news now is very promising this may finally be over. I am also told by the CBI they are going to blast out one more educational campaign to the citizens on the process and how the launching of the lower denominations will work. I talk the Central Bank of Iraq quite often and there is absolutely NOT been a new rate in Iraq for in-country or out of country and the lower denominations are NOT yet launched. This is a FACT. What we do know is they told us in a US Congressional Report that a 1:1 with the IQD:USD is most feasible. Also the CBI itself on many occasions has told us the initial rate, when they do get off the “artificial” rate will be either just under or just over $1.00. [post 3 of 4....stay tuned]
4-3-2017 Newshound/Intel Guru Mnt Goat We know that Iraq has confirmed its commitment to “Governmental directives to amend legislation in the transition to a free economy”. We have already seen many new banking regulations and the enforcement of them. We have seen many new laws and changes to existing old Saddam Hussein laws to regulate outside investors and open up the economy to massive investment. We know about the commitment that the USA has recently stated to Iraq and the reaffirmation that the renewed Status of Forces Agreement (SFA) will be implemented fully under the Trump administration. This gives us confidence and hope in the USA support for increased Security and
4-3-2017 Newshound/Intel Guru Mnt Goat We know that pm Abadi has met with UN representatives to review the situation in Iraq to work towards removal of all Chapter VII sanctions. Yes – this would also have to include any sanctions against their currency and financial and economy. This would have to mean they will finally get off this “artificial” rate and “closed” economy. WOW! We know just recently the Central Bank of Iraq replaces its emblem with a new one with...strong monetary connotations. In fact the emblem resembles their new coinage, new coinage not even yet launched. So why replace it's emblem (logo) with these symbols if the intent is not to launch the coins soon? They know from experiences in trying to launch these coins, that it simply will not work unless they get off the artificial rate. [post 1 of 4....stay tuned]
4-3-2017 Newshound Guru mike The market rate is the unofficial value of the currency on the streets. Under normal conditions, Iraqi's would buy and sell dollars through the banks but in Iraq, access to dollars is limited. Right now, Iraqi's don't have unlimited access to the dollar so they're willing to pay more, or 1254-$1 just to get to it. Today's market rate is 1254-$1 which exceeds the 2% MCP the IMF requires for a country to accept Article VIII. If Iraq can get the market rate down to roughly 1205-$1, they'll need to hold this for a minimum of 90 days to demonstrate control of the dinar to the IMF.
4-3-2017 Newshound/Intel Guru BGG [have you heard anything on the HCL?] they won't act on the current HCL structure. They don't like it. They won't do it. ...I doubt the HCL is any "precursor" to an RV. I don't think it is required. IMHO.
4-3-2017 Newshound/Intel Guru Mnt Goat Article: "Iraq’s Current Economic Outlook And How it Can Affect Dinar Value" Quote: "The rise will most likely happen when the National Bank of Iraq lifts the artificially low value placed on the nation’s currency in 2003." ...just another confirmation that the rate now on the Iraqi dinar is in FACT an artificially placed rate and it must be removed. ...this is much different than what many...believe...that this “artificial” rate must increase. The artificial rate does not matter. ...we are not waiting for the artificial rate to do anything other than to go away and for the real value of the dinar to be “reinstated”.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1 (from PM Abadi's website)
Prime Minister Dr. Haider Al-Abadi receives the Chairman of the Joint Chiefs of Staff and his accompanying delegation
Prime Minister Dr. Haidar Al-Abadi received in his office Monday the Chairman of the Joint Chiefs of Staff, General Joseph Danforth, and his accompanying delegation.
The US delegation included General Stephen Townsend, commander of the International Coalition Forces in Iraq and Syria, Mr. Gerard Kouchner, Senior Advisor to US President Donald Trump, Tom Bosert, US Assistant Secretary of State for National Security and Counterterrorism Affairs, and US Ambassador to Iraq Douglas Sleiman.
During the meeting, they discussed the conduct of the battle in Mosul, the support of the International Coalition for Iraq, the training and arming of Iraqi forces and the file of the displaced.
The US delegation confirmed its support for the Iraqi government in its war against terrorism and expressed his admiration for the development of combat capabilities of the Iraqi forces and they are winning victories.
During the meeting, they discussed the conduct of the battle in Mosul, the support of the International Coalition for Iraq, the training and arming of Iraqi forces and the file of the displaced.
The US delegation confirmed its support for the Iraqi government in its war against terrorism and expressed his admiration for the development of combat capabilities of the Iraqi forces and they are winning victories.
Prime Minister's Media Office
April 3, 2017
***************
ARTICLE 2 (from PM Abadi's website)
Prime Minister Dr. Haidar al-Abadi meets with a delegation from the Journalists Syndicate
President of the Council of Ministers Dr. Haider Al-Abbadi affirmed that the achievements and achievements have been achieved through a set of factors and measures that we have taken in terms of changing the course of the state and the contribution of all in the liberation processes and the selection of efficient leaders of the battle and dedicated in defending Iraq and its people.
This came during a meeting with a delegation from the Journalists Syndicate, headed by the Chairman of the Iraqi Journalists Syndicate, President of the Union of Arab Journalists, Muayad Al-Lami.
Dr. Abadi pointed to the government's commitment to respect freedom of expression and media, calling for not to ignore mistakes and avoid generalization which equates corrupt and good, praising the role of media in the fight against terrorism and corruption.
The Prime Minister said: "We are approaching the final victory and there will be no absorption for Daish but eliminate it.
There were also many issues concerning the media and the general situation of the country. The Chairman of the Journalists Syndicate congratulated the victories and the distinguished presence of Iraq in international forums.
Dr. Abadi pointed to the government's commitment to respect freedom of expression and media, calling for not to ignore mistakes and avoid generalization which equates corrupt and good, praising the role of media in the fight against terrorism and corruption.
The Prime Minister said: "We are approaching the final victory and there will be no absorption for Daish but eliminate it.
There were also many issues concerning the media and the general situation of the country. The Chairman of the Journalists Syndicate congratulated the victories and the distinguished presence of Iraq in international forums.
Prime Minister's Media Office
April 3, 2017
**************
ARTICLE 3
Sadr promises to disband Shiite militant groups, including the peace brigades
BAGHDAD, Iraq, April 3 (Reuters) - Sadr's leader Moqtada al-Sadr pledged on Monday to disband all armed Shiite groups, including the "peace brigades", saying "there is no place for sectarian militias in Iraq."
"He prefers to have an urgent dialogue with Sunni politicians in Iraq to prevent clashes between Sunnis and Shiites, Arabs and Kurds, as the country no longer has an enemy," Sadr said in an interview. To unite against him. "
"I fear that the defeat of Dahesh is only the beginning of a new stage, and my proposal is inspired by the fear of sectarian and ethnic conflict after the liberation of Mosul," Sadr said.
"I want to avoid a sectarian and ethnic conflict in Iraq. I am very proud of the diversity of Iraq, but my fear is that we may see the genocide of some ethnic or sectarian groups," said the leader of the Sadrist movement, who announced two weeks ago of assassination attempts.
Sadr urged the Iraqi government to confront the armed Shiite militias, calling for arms to be held by the Iraqi army and government forces, and expressed his hope to dissolve all factions of the popular crowd.
"The conflict in Syria may increase, and I am afraid of conflicts that might spill over into Iraq from neighboring countries," Sadr said.
"My view is that we should not interfere in the affairs of others just as others should not interfere in our country, we want to save our blood, and enough of what is already lost to us." Finished
**************
ARTICLE 4
"Even the fight against corruption is a balance between the blocks." Yasiri reveals hidden secrets of the work of the Integrity Commission
BAGHDAD, April 4 (Xinhua) - Combating corruption in Iraq is a difficult task and a job that has no recognition. That is why Hassan al-Yasiri, the head of the Iraqi Integrity Commission, has been trying for about a year to abandon the job.
A year after he took over, Yasiri submitted his resignation to Prime Minister Haider al-Abadi in June 2016 but the resignation was rejected.
Yasiri insisted on resigning anyway, but agreed to remain in office until the alternative was found. So he continues his work and tries to root out corruption in a country where bribery and looting of state resources are cited as the cause of everything from low living standards to the collapse of the army to an oppressive organization.
One of the reasons he wants to resign is that the authorities have taken action only in 15 percent of the 12,000 cases of corruption that the commission investigated and referred to the judiciary last year, said Yasiri.
"There are very few," said Yasiri, 47. We want the judiciary to resolve the cases quickly to keep up with the work of the Commission ... I am very hurt. "
He said he took bold steps and sent investigators to open files in each ministry in search of the slightest signs of corruption and a travel ban on senior officials for the first time.
Senior officials had to be more transparent about their financial affairs. But he is constantly being criticized by political blocs that have used their control over ministries to provide services to their supporters. Since Yasiri belongs to Iraq's Shi'ite majority, Sunnis and Kurds accuse him of favoring Shiites, while Shiites accuse themselves of pursuing Shi'ites.
Yasiri recalls that a senior Iraqi official visited him in his office in a heavily fortified area of Baghdad without identifying the official. "He told me that 'all those who brought them to justice are Shiites,'" Yasiri said. "There must be a balance," he said. There must be Sunnis and Kurds. '"
"I told him, 'We do not do this cocktail.'" "The problem has been reduced by more scrutiny from the defense ministry, but more work is needed," Yasiri said. Some officers still receive part of the salaries of some soldiers in return for allowing them unlimited leave.
"There are one million soldiers in the army. In all countries it is difficult to eliminate corruption in these large numbers. We are trying to tighten the screws on the corrupt, but it is difficult to eliminate corruption overnight. We need more time. "
*************
ARTICLE 5 (potpourri)
Abadi gives information about the movements of the leader of the "da'ash" al-Baghdadi
Arab world
11:53 04.04.2017 (Updated 12:05 04.04.2017)
Iraqi Prime Minister Haidar al-Abadi said the available information indicates that Abu Bakr al-Baghdadi has long since fled Mosul. On the operations in Mosul, Abbadi announced that the victory of the Iraqi forces in Mosul was achieved, saying "we are in the last square."
Abadi said that the areas liberated by the Iraqi forces in Mosul so far are the most difficult, stressing the keenness of the Iraqi government on the security and safety of the population in that city, "adding that the protection of the civilian population requires that they stay in their homes." According to the channel "Al-Mayadeen" in an exclusive interview with Abadi.
© AP Photo / Stefan Wermuth
Abadi: The hand that wants to detract from the popular crowd will be cut off
Abadi pointed out that the Iraqi forces liberated the left side of Mosul completely, and more than half the right side, and said, "We liberated the province of Nineveh after we were away from 300 kilometers."
"There is a whole project and a media plan to highlight all the Iraqi forces' victories as bad," Abbadi said.
The Iraqi Prime Minister that the organization "Daash" trying to house large numbers of houses, and that the citizens take human shields.
On the timing of the battle in Mosul, Abadi pointed out that the timing of the battle in the city is 100% Iraqi, and that the plan and the possibilities are all Iraqi.
Abadi said that there was confusion about the air strike that caused the massacre in Mosul, stressing that "Da'ash" put 130 civilians in the house and investigations indicate the house booby traps by the organization.
Abadi said that the Iraqi forces found several houses closed to civilians and booby-trapped and freed them, accusing "urging" that he seeks to detain civilians and commit massacres in Mosul and accused Iraqi forces of committing them.
Abadi stressed that "in front of a preacher either surrender or die," refusing to set time to resolve the battle of Mosul, "I will not sacrifice the citizens and fighters commitment to a certain time."
© Photo
Several militants were killed by an air strike on al-Ba'aj west of Mosul
"We have made enormous sacrifices and will not return to previous differences," he said. "We should not allow Daash and his ilk to return to Iraq," he said.
As for what has recently been said about dissolving the popular crowd, Abadi said, "We have not heard anything from abroad about canceling the popular crowd at all," threatening to cut off the hand that will extend to the popular crowd from the inside or from the outside.
Iraq's prime minister said the crowd had not even demanded salaries to defend Iraq.
On the relationship between Iraq and Saudi Arabia, Abadi said that "the warmth of relations with Saudi Arabia" is an early word, considering that this relationship is in the first stage and normalization should be at all levels.
Arab world
11:53 04.04.2017 (Updated 12:05 04.04.2017)
Iraqi Prime Minister Haidar al-Abadi said the available information indicates that Abu Bakr al-Baghdadi has long since fled Mosul. On the operations in Mosul, Abbadi announced that the victory of the Iraqi forces in Mosul was achieved, saying "we are in the last square."
Abadi said that the areas liberated by the Iraqi forces in Mosul so far are the most difficult, stressing the keenness of the Iraqi government on the security and safety of the population in that city, "adding that the protection of the civilian population requires that they stay in their homes." According to the channel "Al-Mayadeen" in an exclusive interview with Abadi.
© AP Photo / Stefan Wermuth
Abadi: The hand that wants to detract from the popular crowd will be cut off
Abadi pointed out that the Iraqi forces liberated the left side of Mosul completely, and more than half the right side, and said, "We liberated the province of Nineveh after we were away from 300 kilometers."
"There is a whole project and a media plan to highlight all the Iraqi forces' victories as bad," Abbadi said.
The Iraqi Prime Minister that the organization "Daash" trying to house large numbers of houses, and that the citizens take human shields.
On the timing of the battle in Mosul, Abadi pointed out that the timing of the battle in the city is 100% Iraqi, and that the plan and the possibilities are all Iraqi.
Abadi said that there was confusion about the air strike that caused the massacre in Mosul, stressing that "Da'ash" put 130 civilians in the house and investigations indicate the house booby traps by the organization.
Abadi said that the Iraqi forces found several houses closed to civilians and booby-trapped and freed them, accusing "urging" that he seeks to detain civilians and commit massacres in Mosul and accused Iraqi forces of committing them.
Abadi stressed that "in front of a preacher either surrender or die," refusing to set time to resolve the battle of Mosul, "I will not sacrifice the citizens and fighters commitment to a certain time."
© Photo
Several militants were killed by an air strike on al-Ba'aj west of Mosul
"We have made enormous sacrifices and will not return to previous differences," he said. "We should not allow Daash and his ilk to return to Iraq," he said.
As for what has recently been said about dissolving the popular crowd, Abadi said, "We have not heard anything from abroad about canceling the popular crowd at all," threatening to cut off the hand that will extend to the popular crowd from the inside or from the outside.
Iraq's prime minister said the crowd had not even demanded salaries to defend Iraq.
On the relationship between Iraq and Saudi Arabia, Abadi said that "the warmth of relations with Saudi Arabia" is an early word, considering that this relationship is in the first stage and normalization should be at all levels.
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ARTICLE 6
The destruction of the headquarters of Daash and the killing of a number of foreign leaders Ayman Mosul
NINEWA, Iraq, April 4 (UPI) - Iraqi Air Force Command announced on Tuesday that, "based on the information of the Directorate of Military Intelligence, air force planes destroyed a site of leaders, most of them Arabs, in the Al-Baaj district of Al-Thawra district on the right side of Mosul."
The source added that "the raid resulted in the killing of the most prominent leaders in the organization, namely: Abdullah al-Hayaf, nicknamed Abu al-Harith - an additive addict - Saudi nationality, and Khalid Mohammed Hazza al-Shammari - official battalion Abu Zubair Angismia - Saudi nationality and Abdul Rahman Mohammed Murad al-Bula - the administrative officer of Al-Baaj district. "
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