Word on the Street Saturday 5/13/17:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,134.6000 | 1,134.6000 | 1,134.6000 | | 17:36 |
| USD/VND | | | 22,210.0000 | 22,210.0000 | 22,210.0000 | | 17:36 |
| USD/CNY | | | 6.8994 | 6.8994 | 6.8994 | | 17:38 |
| USD/KWD | | | 0.3042 | 0.3042 | 0.3042 | | 16:31 |
| GBP/USD | | | 1.2886 | 1.2886 | 1.2886 | | 17:00 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,315.0000 | 13,315.0000 | 13,315.0000 | | 16:51 |
CNBC Link: http://www.cnbc.com/markets/
CNBC Morning Squawk Link: No link on Saturday
DC NY Iraq Articles:
Masoum urges community reconciliation in the country
Editorial date: 2017/5/13 11:11 • 82 times read
(Al-Najaf: Al-Furat News) President Fuad Masum urged Saturday to achieve community reconciliation in the country and cut off the road to extremist groups, stressing that it is the solid foundation, especially in the liberated areas.
"Community reconciliation is the strong foundation, especially in the liberated areas," Masoum said in a speech during a conference on community reconciliation in Najaf province, calling for "achieving community reconciliation and cutting the way for the Takfiri groups."
"Community reconciliation makes settlement a viable project," he said
"Community reconciliation makes settlement a viable project," he said
UN agencies working in Ninewa province are making efforts to bring safe water back to the province
2017/5/13 UN agencies in Nineveh province have begun efforts to restore safe drinking water to the province after drinking water networks have been destroyed by a crackdown and military operations in more than six months.
The United Nations Development Program (UNDP) said it had opened a peaceful plant to provide potable water with a production capacity of 1,500 cubic meters of water per hour and would serve more than 100,000 people.
The residents of the liberated areas treat water scarcity by getting it from artesian wells or by buying it from shops.
A near-total blackout in Baghdad brings back the memories of July 2014
2017/5/13 Al-Ghad Press:
In Baghdad, a near-total interruption of national electricity has forced generators to impose long breaks, causing discontent among citizens.
With the return of the summer and the rise of heat, electricity problems are once again due to the outbreak of protests in July 2014, and the rise of demands for a change in the political system based on quotas.
The Ministry of Electricity promised in late April that the law of collection and privatization would be in the interest of the poor, on the contrary, that the privatization of the energy sector was the best solution for the provision of electricity. Which promotes it, which everyone sees as an escape from responsibility, leaving citizens to face companies and frightening bills.
Despite the continued fears of the new electricity pricing, the ministry issued an explanation on the matter, indicating that "the citizen who operates the following electrical appliances (2 tons of air conditioners 2, and all the appliances of the house: refrigerator, freezer, washing machine, Computers, fans, air cooler, lighting, iron and washing machine, and throughout the day for a month, the bill or list of electricity is from 40 thousand to 60 thousand dinars per month, and this consumption is in the summer months, ie 3 to 4 months, Months of the year, the list of electricity will be limited between 5 to 15 thousand dinars per month. "
"Electricity is not there, there is no justification for its interruption," said popular poet Hamza al-Hilfi on his Facebook page. "Even the owner of the civil power station started cutting off electricity every hour."
He added that "no answer from the officials on the power outage, and if it continues we will go out on the distribution stations and turn on their heads, after receiving information that the availability of national electricity 24 hours in areas inhabited by influential."
Zine El Abidine Youssef, a resident of the Sadoun region, told Al-Ghad Press that "national electricity a week ago has fallen back to its lowest level, and is sometimes provided for one hour a day." Because of the lack of electricity, and he is thinking of the possibility of demonstrating again. "
The Baghdadis complain of a complete absence of electricity, prompting generators to impose long hours of rest, may restore the memories of July 2014 again.
Genel Energy and DNO receive gross payment from KRG for February oil deliveries
|
Iraq, May 13, 2017
Two major oil and gas companies operating in the Kurdistan Region’s oilfields confirmed that they had received their February 2017 gross payments from the Kurdistan Regional Government (KRG) for oil deliveries to the export market.
The Norwegian oil and gas operator (DNO) announced it had received an amount of $41.40 million from the KRG “as payment towards February 2017 crude oil deliveries to the export market from the Tawke field.” DNO added that they received funds “to be shared pro-rata by DNO and partner Genel Energy PLC, including $34.73 million toward monthly deliveries and $6.68 million toward recovery of outstanding receivables.”
An average of 110,803 barrels of oil per day (bpd) were produced at Tawke oilfield in February, of which 110,641 were exported through Turkey’s Ceyhan port, it added.
Genel Energy (PLC) published its report as well on Wednesday, also confirming the Tawke field payment 'reflects full settlement of the invoiced amount for February 2017 oil sales, and includes $34.73 million towards monthly entitlement and $6.68 million towards recovery of historical receivables.'
Genel added that it had received another $11 million from the KRG as its share from oil sales from the Taq Taq field during February. Earlier this week an official from the KRG's Oil and Natural Resources Ministry said its debts owed to oil companies have decreased by 25 percent as the region has paid back an estimated $1 billion to oil companies over the past eight months. Dr. Aras Khoshnaw head of the Kurdistan Strategic Investigation and Information Center told Rudaw that loans the KRG had borrowed from the oil companies since 2014 have been reduced from $4 billion to just $3 billion as the KRG has started paying back its debts over the past eight months. Khoshnaw added the process of paying the companies their gross payments has encouraged the companies who had oil agreements with the KRG to return and resume their work in oil fields. The Iraqi government during the Nouri al-Maliki premiership cut the Kurdistan Region’s national budget share in early 2014, a move which forced the KRG to borrow large amounts of money from oil companies or delay their payments in a bid to offset its budget deficit to meet the region’s internal needs, notably the salaries of civil servants.  The KRG signed two agreements in early October and November last year with two international financial institutions — Deloitte, and Ernst and Young — to audit the region’s oil and gas sector.
rudaw
|
Iraq exports 3,215,000 b / d of Basra oil in June
Date of release:: 2017/5/12 10:48 • 66 times scheduled
The Iraqi oil marketing company (Sumo) plans to export 3 million and 215 thousand barrels per day of Basra crude in June, a slight decline from the previous month due to a decline in the supply of heavy category of crude.
The exports, which include 2,448 million bpd of Basra light crude and 767,000 bpd of Basra's heavy crude,
A source said Basra's heavy crude supplies had shrunk by 72,000 barrels a day in a move that is likely to bolster spot price surges for crude, which have surged more than $ 1.50 a barrel above the official selling price in the past two months.
Sumo will supply the full contract amounts to at least three long-term contract customers in Asia in June, the sources said
A source said Basra's heavy crude supplies had shrunk by 72,000 barrels a day in a move that is likely to bolster spot price surges for crude, which have surged more than $ 1.50 a barrel above the official selling price in the past two months.
Sumo will supply the full contract amounts to at least three long-term contract customers in Asia in June, the sources said
President of the Republic to visit Riyadh next week
2017/5/12 8:58 •
(Baghdad: Al-Furat News) President Fuad Masum received an invitation from Saudi King Salman bin Abdul Aziz Al-Saud to attend an Arab-Islamic-American summit scheduled for the end of this month.
A presidential statement said that President Masoom "received at the Peace Palace yesterday, the charge d'affaires of the Saudi embassy in Baghdad, Abdul Aziz al-Shammari, who conveyed an official invitation from King Salman to attend the Arab-Islamic summit meeting scheduled to be held on the 21st of this month in Riyadh."
According to the statement, the summit was aimed at "establishing a serious partnership to confront extremism and terrorism, spreading values of tolerance and co-existence, and promoting security, stability and cooperation to serve the present and future of our peoples."
According to the statement, the summit was aimed at "establishing a serious partnership to confront extremism and terrorism, spreading values of tolerance and co-existence, and promoting security, stability and cooperation to serve the present and future of our peoples."
Kauaihn Iraq Articles:
Iraq .. "fake companies" to reap the money created by the current situation
BAGHDAD (Reuters) - Iraq is suffering from unstable political and security conditions that have led to economic repercussions, the most prominent of which are the large number of fictitious companies whose sole concern is to profit in any way and without care to provide financial assistance to the Iraqi people, the parliamentary committee on economy and investment said on Wednesday.
"The companies operating in Iraq, including foreign companies, have a fear of getting their dues. Capital is cowardly even if there are guarantees, whether through its agreement with the state and the signing of a certain contract," MP Ibrahim al-Rikabi told the newspaper. For a specific investment project. "
"The capital of these companies is frozen and they consider themselves to be a real loss, so these companies are almost frozen and useless, and the subject is not limited to local companies, but also foreign companies," he added.
He pointed out that "the escape of capital is one of the important reasons for the decline in financial trading inside Iraq and therefore has a negative impact on the development and economic movement and the Iraqi economy, the latter suffers from paralysis almost complete except for the sale and purchase and the import of foodstuffs and consumerism that does not work and does not help in economic recovery "He said.
Al-Rikabi explained that "Iraq currently lives in an exceptional political situation which has great economic consequences. There are semi-fictitious or fictitious companies whose main concern is getting money. There is no solution but to seek political stability. And an explosion in the development and financial circulation, to be Iraq's fertile environment for investment and trade, both domestic and foreign companies.
While the financial expert, Hilal al-Taan, that "Iraq's stock market is a small market compared to similar in the Gulf countries and the Middle East and other neighboring countries geographically."
"The foreign capital invested in the market is very little, not more than 3 to 5 percent, and therefore the lack of foreign capital led to the entry of Iraqi companies in large numbers within the market," Al-Taan told the Journal News.
"The increase in the number of local companies creates a kind of competition and the crisis in the companies, including companies that are profitable and lose only a few of them achieve profits in their name, which reflects negatively on the market and the Iraqi economy," and that "the unstable political and security are all factors not to Expansion of the Iraqi market. "
The United Nations commends the role of reference in the liberation of Iraqi territory
The representative of the Secretary-General of the United Nations in Iraq praised Saturday the role of the supreme religious authority in Najaf (160 km south of Baghdad), while the role of the clans and the popular crowd, who won the victories and liberated the territory raided by the organization calling the terrorist in 2014.
"Achieving victories over terrorism and liberating the land will pave the way for a community reconciliation conference," said Georgi Posten, speaking at a community reconciliation conference in Najaf and attended by the Journal News.
"This conference was held with the support and sponsorship of the United Nations. Efforts are being made to achieve security stability and community reconciliation among the Iraqi people," he said.
Monitor 45,000 cyber attacks in 74 countries
The Russian information security company Kaspersky estimated that 45,000 cyber-attacks with ransomir viruses hit infrastructure in 74 countries.
"We have observed 45,000 attacks so far in 74 countries," wrote Kostin Raiu, global director of the research team at Kaspersky Lab. The numbers do not stop rising, "via his Twitter account.
"The message that emerges in these attacks, which included countries like Spain, Britain, Turkey, Ukraine and Russia itself, is written in Romanian, but it is not the mother tongue of those who write it.
"Information pirates are asking victims to pay $ 600 in virtual currency," the company said in a statement.
South Korea to relax travel restrictions to Iraq, citing business
|
http://iraqdailyjournal.com/
South Korea will start to roll back its travel ban to Iraq amid a rise in business travel requests and the Iraqi forces' gains in Mosul.
The South Korean Foreign Ministry in Seoul announced on Thursday that its Overseas National Security Division has decided to include limited new business in Iraq for its 'exceptional passport license review.' It added that such reviews were previously banned since the fall of Mosul by ISIS in 2014, but because of Iraqi government troops, the security situation has improved. 'A large number of Korean companies' have asked to travel into Iraq and applications have increased, according to the ministry. 'It is expected that the inclusion of new projects in Iraq will be the foundation for Korean companies to enter the restoration and infrastructure construction projects in Iraq,' the statement concluded. South Korea maintains a consulate in Erbil. South Korea and the Kurdistan Region have cooperated on many projects such as a water treatment facilities and other infrastructure projects. The Korean International Cooperation Agency (KOICA) has had an office in Erbil since 2004. It manages KOICA projects and training programs, including sponsorship programs.
rudaw
|
Kurdistan: History with Baghdad is full of problems and partnership collapsed
Political
Since 2017-05-12 at 11:58 (Baghdad time) Baghdad - Mawazine News
The presidency of the Kurdistan region, Friday, that the history between the province and the federal government in Baghdad is full of problems.
"The head of the region Massoud Barzani received yesterday a high-level delegation of the Iraqi Communist Party headed by Secretary General of the Party Raed Fahmi and the presence of Mufeed al-Jazairi, Bassam Mohi and Shamran Merkel and Azza Abu al-Taman members of the Political Bureau of the party."
The statement added that "Barzani talked about the common history and full of problems between the people of Kurdistan and the Iraqi state and abuses on the principles of partnership and the Constitution, also highlighted the issue of referendum and independence and the reasons that led to the collapse of the partnership in Iraq." According to the statement.
For his part, "members of the Communist Party delegation presented their views and observations on the political process and electoral process in Iraq in addition to the economic and social situation of the Iraqi people."
They also highlighted the history and the joint struggle between the Iraqi Communist Party and the people of Kurdistan, and stressed that the Communist Party has always stood and is still with the demands of the people of Kurdistan fair.
The two sides also discussed the war against terrorists and the victories achieved by the Peshmerga forces, cooperation and coordination with the Iraqi army in addition to the threats of terrorists at the local, regional and international levels. The delegation expressed its appreciation and respect for the courage and sacrifices of the Peshmerga forces and the victories achieved by these forces against the terrorists. N 10
The opinions expressed below do not reflect the opinion of Mawazine News, but reflect the views of
The success of the security plan for the Shaaban visit in Iraq
The commander of the operations of the Central Euphrates General Qais Khalaf al-Muhammadawi, on Friday, the success of the security plan to secure the visit of the half of Shaaban without any breach of security, while the commander of Baghdad Operations Major General Jalil al-Rubaie to secure the crowds of visitors back and forth to Karbala.
In a press conference held in Karbala and attended by the correspondent of "The Journal News", Al-Mahmoudawi said that "the security plan for securing the visit of the half of Sha'baan succeeded, where the west of Karbala was secured a day before pre-emptive operations."
"There is a development in the security experience as well as the use of modern equipment to monitor the desert of Karbala and in coordination with operations Anbar to prevent the danger of Karbala, and there was no breach of security," noting that "the momentum of the visit half of Shaaban began three days ago and the role of aviation is effective for 24 Hours during the visit. "
The command of the 17th Infantry Division of the Baghdad Operations Command provides the road leading to Karbala back and forth, under the direction of Major General Jalil al-Rubaie, "ensuring adequate mechanisms to ensure the return of visitors from Karbala province to Baghdad."
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
GLOBAL/ NEWS/ INFO
Opinion: After airlines clean up their act, maybe the TSA can be next
MarketWatch
MarketWatch
Sure, airlines occasionally mistreat passengers, but TSA workers are serial abusers, says Allan Ripp. Read the full story
3 online business ideas for couch potatoes
USA TODAY
USA TODAY
To help you start a business, we’ve identified three online business ideas with moneymaking potential. Read the full story
OIL / COMMODITIES / ENERGY
Gold prices move higher amid U.S. political turmoilInvesting.com
Gold gains ground on softer dollar; eyes on U.S. data Read the full story
Gold aims at longest winning streak since mid-April
MarketWatch
Gold prices moved higher on Friday, set for the longest winning run since mid-April, as the dollar drifted lower. Read the full story
Oil poised to gain more than 3% this week as hopes grow over OPEC resolve
MarketWatch
Oil prices hold steady, but are poised to finish the week more than 3% higher as hopes build for an extension of OPEC’s production-cut deal. Read the full story
OIL / COMMODITIES / ENERGY
Gold prices move higher amid U.S. political turmoilInvesting.com
Gold gains ground on softer dollar; eyes on U.S. data Read the full story
Gold aims at longest winning streak since mid-April
MarketWatch
MarketWatch
Gold prices moved higher on Friday, set for the longest winning run since mid-April, as the dollar drifted lower. Read the full story
Oil poised to gain more than 3% this week as hopes grow over OPEC resolve
MarketWatch
MarketWatch
Oil prices hold steady, but are poised to finish the week more than 3% higher as hopes build for an extension of OPEC’s production-cut deal. Read the full story
BANKS / BANKING
Bank of America's Merrill Lynch to debut fiduciary-friendly account option
Reuters
Bank of America Corp's brokerage, Merrill Lynch, said on Thursday it will roll out a commissions-paying retirement account compatible with a new U.S. Labor Department regulation that raises the standards for client care. Read the full story
Citi joins roster of banks investing in Axoni blockchain start-up
CNBC
Citi has joined JP Morgan, Goldman Sachs and others in a Series A funding round for distributed ledger technology (DLT) start-up Axoni, which now has $20m. Read the full story
China central bank shuffles market funding, injects medium term cash
CDA News
By Winni Zhou and John Ruwitch SHANGHAI (Reuters) – China’s central bank injected fresh funds through a medium-term lending facility on Friday while keeping a tight rein on short-term funding in what appeared to be a further effort to dampen speculative investment while keeping the economy adequately funded. The central bank said it had skipped […] Read the full story
BANKS / BANKING
Bank of America's Merrill Lynch to debut fiduciary-friendly account option
Reuters
Reuters
Bank of America Corp's brokerage, Merrill Lynch, said on Thursday it will roll out a commissions-paying retirement account compatible with a new U.S. Labor Department regulation that raises the standards for client care. Read the full story
Citi joins roster of banks investing in Axoni blockchain start-up
CNBC
CNBC
Citi has joined JP Morgan, Goldman Sachs and others in a Series A funding round for distributed ledger technology (DLT) start-up Axoni, which now has $20m. Read the full story
China central bank shuffles market funding, injects medium term cash
CDA News
CDA News
By Winni Zhou and John Ruwitch SHANGHAI (Reuters) – China’s central bank injected fresh funds through a medium-term lending facility on Friday while keeping a tight rein on short-term funding in what appeared to be a further effort to dampen speculative investment while keeping the economy adequately funded. The central bank said it had skipped […] Read the full story
TREASURIES/ BONDS/ STOCKS
Years ending in seven have been fatal for markets: 2017 may be no different
City A.M.
Years ending in seven make me uncomfortable. As many others who have worked in the City over the past three decades will attest, years that ended in seven have proved fatal for global financial markets. 1987 saw the original “Black Monday” stock market crash. That day, the Dow Jones Industrial Average fell by 22.6 per cent, a one-day percentage decline that hasn’t been seen since. 1997 heralded the Asian financial crisis, a contagious period of devalued currencies, stock markets and asset prices Read the full story
Something I just saw in the charts made me bet against stocks: Trader
CNBC
One trader is seeing a troubling divergence in the charts, and he's betting against stocks as a result. Read the full story
Opinion: Believing these 5 stock market myths will cost you money
MarketWatch
Don’t be fooled into selling stocks right now, writes Michael Brush. Read the full story
US Treasurys rise ahead of data
CNBC
U.S. government debt prices were higher on Friday morning. Read the full story
European stock funds gather momentum as inflows cross all-time record high of $6 billion
CNBC
European equity funds have seen a total of $6.1 billion worth of inflows in the past week, marking the highest on record, according to data tracking firm EPFR. Read the full story
TREASURIES/ BONDS/ STOCKS
Years ending in seven have been fatal for markets: 2017 may be no different
City A.M.
City A.M.
Years ending in seven make me uncomfortable. As many others who have worked in the City over the past three decades will attest, years that ended in seven have proved fatal for global financial markets. 1987 saw the original “Black Monday” stock market crash. That day, the Dow Jones Industrial Average fell by 22.6 per cent, a one-day percentage decline that hasn’t been seen since. 1997 heralded the Asian financial crisis, a contagious period of devalued currencies, stock markets and asset prices Read the full story
Something I just saw in the charts made me bet against stocks: Trader
CNBC
CNBC
One trader is seeing a troubling divergence in the charts, and he's betting against stocks as a result. Read the full story
Opinion: Believing these 5 stock market myths will cost you money
MarketWatch
MarketWatch
Don’t be fooled into selling stocks right now, writes Michael Brush. Read the full story
US Treasurys rise ahead of data
CNBC
CNBC
U.S. government debt prices were higher on Friday morning. Read the full story
European stock funds gather momentum as inflows cross all-time record high of $6 billion
CNBC
CNBC
European equity funds have seen a total of $6.1 billion worth of inflows in the past week, marking the highest on record, according to data tracking firm EPFR. Read the full story
CURRENCIES
Dollar steady ahead of G7 meetingInvesting.com
Forex May 12, 2017 07:29 GMT Investing.com - The dollar was mostly flat ahead of a meeting of G7 central bankers and finance ministers over the weekend. The dollar index was off 0.04% at 99.49 at 03:00 ET. Observers noted the trade deal between the U.S. and China in 10 areas such as U.S. beef and credit card firms. The dollar was given a brief boost Thursday by upbeat U.S. data but later trimmed gains. The market continues to digest the implication’s of Trump’s sacking of FBI chief Comey for his Read the full story
Forex - Dollar index almost unchanged ahead of U.S. dataInvesting.com
© Reuters. Dollar holds steady vs. rivals with U.S. on tap Read the full story
Dollar eases ahead of retail sales data, but on track for best week of the year
MarketWatch
The U.S. dollar tilted slightly lower Friday, with updates on retail sales and inflation closing out what will still likely be a notable, winning week for the greenback’s performance. Read the full story
Dollar off eight-week high vs yen but on track for weekly gain
CDA News
By Masayuki Kitano SINGAPORE (Reuters) – The dollar traded below an eight-week high against the yen on Friday, with the near-term focus on whether forthcoming U.S. economic data would provide the catalyst for further gains in the greenback. The dollar held steady at 113.85 yen , having pulled back from an eight-week high of 114.38 […] Read the full story
NZ dollar trades below key support level
Newsie
The New Zealand dollar is heading for a 0.5 per cent weekly decline, having tumbled Thursday after a 'dovish' Reserve Bank statement. Traders said the kiwi could extend its decline if it ends the week below a key support level. The kiwi traded at US68.41c as at 5pm in Wellington from 68.34c late Thursday and down from 68.59c a week ago. The trade-weighted index was at 74.70 from 74.74 Thursday, below the RBNZ's latest projected average for the TWI in the June quarter of 76. The kiwi has failed Read the full story
Rupee strengthens against US dollar ahead of key macro data
Livemint
Mumbai: The Indian rupee strengthened against the US dollar ahead of the key macro data. At 9.08am, the currency was trading at 64.33 up 0.08% from its Thursday’s close of 64.38. The rupee opened at 64.32 a dollar and touched a high of 64.30 and a low of 64.34. Read the full story
The yen went from first to last among major currencies
MarketWatch
In the tumultuous world of financial markets, it sometimes doesn’t take long for the first to become last. For the Japanese yen, which started out the year as the best-performing G-10 currency, the transition took about a month. Read the full story
USA
CURRENCIES
Dollar steady ahead of G7 meetingInvesting.com
Forex May 12, 2017 07:29 GMT Investing.com - The dollar was mostly flat ahead of a meeting of G7 central bankers and finance ministers over the weekend. The dollar index was off 0.04% at 99.49 at 03:00 ET. Observers noted the trade deal between the U.S. and China in 10 areas such as U.S. beef and credit card firms. The dollar was given a brief boost Thursday by upbeat U.S. data but later trimmed gains. The market continues to digest the implication’s of Trump’s sacking of FBI chief Comey for his Read the full story
Forex - Dollar index almost unchanged ahead of U.S. dataInvesting.com
© Reuters. Dollar holds steady vs. rivals with U.S. on tap Read the full story
Dollar eases ahead of retail sales data, but on track for best week of the year
MarketWatch
MarketWatch
The U.S. dollar tilted slightly lower Friday, with updates on retail sales and inflation closing out what will still likely be a notable, winning week for the greenback’s performance. Read the full story
Dollar off eight-week high vs yen but on track for weekly gain
CDA News
CDA News
By Masayuki Kitano SINGAPORE (Reuters) – The dollar traded below an eight-week high against the yen on Friday, with the near-term focus on whether forthcoming U.S. economic data would provide the catalyst for further gains in the greenback. The dollar held steady at 113.85 yen , having pulled back from an eight-week high of 114.38 […] Read the full story
NZ dollar trades below key support level
Newsie
Newsie
The New Zealand dollar is heading for a 0.5 per cent weekly decline, having tumbled Thursday after a 'dovish' Reserve Bank statement. Traders said the kiwi could extend its decline if it ends the week below a key support level. The kiwi traded at US68.41c as at 5pm in Wellington from 68.34c late Thursday and down from 68.59c a week ago. The trade-weighted index was at 74.70 from 74.74 Thursday, below the RBNZ's latest projected average for the TWI in the June quarter of 76. The kiwi has failed Read the full story
Rupee strengthens against US dollar ahead of key macro data
Livemint
Livemint
Mumbai: The Indian rupee strengthened against the US dollar ahead of the key macro data. At 9.08am, the currency was trading at 64.33 up 0.08% from its Thursday’s close of 64.38. The rupee opened at 64.32 a dollar and touched a high of 64.30 and a low of 64.34. Read the full story
The yen went from first to last among major currencies
MarketWatch
MarketWatch
In the tumultuous world of financial markets, it sometimes doesn’t take long for the first to become last. For the Japanese yen, which started out the year as the best-performing G-10 currency, the transition took about a month. Read the full story
USA
The US wants to expand the in-flight laptop ban to Europe — and Europe is finally pushing back
Business Insider
Business Insider
President Donald Trump walks from Marine One across the South Lawn to the White House in Washington, Sunday, May 7, 2017, as he returns from Trump National Golf Club in Bedminster, N.J. AP Photo/Carolyn Kaster BRUSSELS (AP) - European governments alarmed at a proposed expansion of the ban on in-flight laptops and tablets to planes from the EU are holding urgent talks Friday with the U.S. Department of Homeland Security. Chief among the concerns are whether any new threat prompted the proposal, Read the full story
US administration excited about trade policies after China agreement, says Mnuchin
CNBC
U.S. Treasury Secretary Steven Mnuchin emphasized the Trump administration's excitement after the U.S. and China announced a series of trade measures. Read the full story
Commerce's Wilbur Ross: Chinese banks could get greater US access in new Beijing trade deals
CNBC
There's no specific date on when it may happen, and it would depend on China complying with U.S. standards, the Commerce secretary tells CNBC. Read the full story
US administration excited about trade policies after China agreement, says Mnuchin
CNBC
CNBC
U.S. Treasury Secretary Steven Mnuchin emphasized the Trump administration's excitement after the U.S. and China announced a series of trade measures. Read the full story
Commerce's Wilbur Ross: Chinese banks could get greater US access in new Beijing trade deals
CNBC
CNBC
There's no specific date on when it may happen, and it would depend on China complying with U.S. standards, the Commerce secretary tells CNBC. Read the full story
EMERGING MARKETS
China is stepping up its game in emerging Asia as US pulls back
CNBC
CNBC
As the U.S. pulls back from globalization, China is stepping into the breach, experts said at the WEF Asean meeting this week. Read the full story
A Newly Bullish Russell Clark Likes Emerging Markets And China
ValueWalk
ValueWalk
For Horsman Capital Management’s Russell Clark, investing is a game of patience. After changing strategy horses in March, Clark, whose Global hedge fund was down -2.01% in April, looks at a 9.54% year to date loss and preaches patience to his flock of investors. In April Horseman Capital Management losses were found in the long... Read the full story
MIDDLE EAST
Saudis reportedly plan to invest $40 billion in US infrastructure
CNBC
CNBC
Saudi Arabia may announce a huge investment in U.S. infrastructure to coincide with President Donald Trump's visit to the kingdom next week. Read the full story
AFRICA
Africa: European Union to Increase Investments in the Continent
AllAfrica
AllAfrica
(Photo: Bobby Hiddy/Flickr) At celebrations to mark the 60th European Union (EU) day, the head of the EU delegation in Uganda, Kristian Schmidt, announced that the economic bloc's investments in Africa will increase to over €44 billion by 2020. In a speech at a cocktail to mark the day at his residence at Kampala's upscale neighbourhood of Kololo, Schmidt said the EU will seek to boost responsible and sustainable investments in Africa during the Africa-Europe summit in November this year, as a Read the full story
Africa: Southern African Politics Roiled By Distortions, Junk Bonds and Road Rage
AllAfrica
AllAfrica
I was in Zimbabwe when news came through of a clash of motorcades in neighbouring Zambia. One motorcade was carrying the president, Edgar Lungu, and the other the opposition leader, Hakainde Hichilema. It seemed neither would give way to the other. There is little love lost between the two men, and Hichilema still refuses to recognise Lungu's contentious election victory last year - but even so, no one expected that shortly after the standoff, security forces would storm Hichilema's home and Read the full story
ASIA
Japan’s GDP seen growing for fifth straight quarter on consumer spending, exports
CDA News
By Kaori Kaneko TOKYO (Reuters) – Japan’s economy is expected to expand for a fifth straight quarter in January-March led by a recovery in consumer spending and solid offshore demand, a Reuters poll found, suggesting a firm trend in the making. Analysts project the economy will continue to expand as exports rise, while capital spending […] Read the full story
Japan’s GDP seen growing for fifth straight quarter on consumer spending, exports
CDA News
CDA News
By Kaori Kaneko TOKYO (Reuters) – Japan’s economy is expected to expand for a fifth straight quarter in January-March led by a recovery in consumer spending and solid offshore demand, a Reuters poll found, suggesting a firm trend in the making. Analysts project the economy will continue to expand as exports rise, while capital spending […] Read the full story
EUROPE
EUROPE
Eastern EU Members Argue Bloc Still Needs Fixing After Brexit
Bloomberg
The European Union must not use Britain’s withdrawal as an excuse to avoid fixing the bloc’s flaws, policy makers from the east of the region said. Ministers with responsibility for EU affairs from the four countries which compose the so-called Visegrad group used a panel in London to warn against blaming Brexit as the reason for the EU’s ills. "The Brexit referendum was not the cause but rather the result of problems within the European Union," said Hungary’s Szabolcs Takacs at an event Read the full story
Risks to euro zone economy still not balanced: ECB’s Lane
CDA News
By John Geddie and Padraic Halpin DUBLIN (Reuters) – Risks to the euro zone economy are still not balanced and the European Central Bank needs to see evidence that wage pressures are feeding into inflation before it shifts its policy stance, governing council member Philip Lane said on Friday. The euro zone economy has been […] Read the full story
Euro shrugs off euro-zone industrial output fall as German GDP advancesInvesting.com
Forex May 12, 2017 10:31 GMT Investing.com - The euro was firm Friday despite a surprise fall in euro-zone industrial output. The single currency was up 0.10% at $1.0873 at 06.00 ET. The dollar index off 0.03% at 99.50. Euro-area industrial output fell 0.1% in March when it was forecast to rise 0.3%. That failed to dampen the impression the euro-zone recovery is broader and picking up steam. Earlier, Germany reported an in-line rise in Q1 GDP of 0.6% from 0.4% in the previous quarter. That was Read the full story
Opinion | Greece and the Bond Market. Friends Reunited?
Bloomberg
Greece is considering tapping the capital markets for the first time in three years. Let's hope its second attempt to regain market access goes more smoothly for investors than its first. A bond sale in July or September is being considered -- if a deal on debt relief is reached, and the European Central Bank adds Greek debt to the shopping list of securities it can buy through its quantitative easing program, according to the Wall Street Journal. The news comes as the U.S. presses European Read the full story
Eastern EU Members Argue Bloc Still Needs Fixing After Brexit
Bloomberg
Bloomberg
The European Union must not use Britain’s withdrawal as an excuse to avoid fixing the bloc’s flaws, policy makers from the east of the region said. Ministers with responsibility for EU affairs from the four countries which compose the so-called Visegrad group used a panel in London to warn against blaming Brexit as the reason for the EU’s ills. "The Brexit referendum was not the cause but rather the result of problems within the European Union," said Hungary’s Szabolcs Takacs at an event Read the full story
Risks to euro zone economy still not balanced: ECB’s Lane
CDA News
CDA News
By John Geddie and Padraic Halpin DUBLIN (Reuters) – Risks to the euro zone economy are still not balanced and the European Central Bank needs to see evidence that wage pressures are feeding into inflation before it shifts its policy stance, governing council member Philip Lane said on Friday. The euro zone economy has been […] Read the full story
Euro shrugs off euro-zone industrial output fall as German GDP advancesInvesting.com
Forex May 12, 2017 10:31 GMT Investing.com - The euro was firm Friday despite a surprise fall in euro-zone industrial output. The single currency was up 0.10% at $1.0873 at 06.00 ET. The dollar index off 0.03% at 99.50. Euro-area industrial output fell 0.1% in March when it was forecast to rise 0.3%. That failed to dampen the impression the euro-zone recovery is broader and picking up steam. Earlier, Germany reported an in-line rise in Q1 GDP of 0.6% from 0.4% in the previous quarter. That was Read the full story
Opinion | Greece and the Bond Market. Friends Reunited?
Bloomberg
Bloomberg
Greece is considering tapping the capital markets for the first time in three years. Let's hope its second attempt to regain market access goes more smoothly for investors than its first. A bond sale in July or September is being considered -- if a deal on debt relief is reached, and the European Central Bank adds Greek debt to the shopping list of securities it can buy through its quantitative easing program, according to the Wall Street Journal. The news comes as the U.S. presses European Read the full story
Blessed and Highly Favored:
There are no updates on the CBI or ISX websites for Saturday, May 13, 2017 due to Iraq's business day.
TSYS Signs Payments Agreement with QIIB
Award-winning Qatari bank licenses PRIMESM
COLUMBUS, Ga., May 13, 2017
(ME NewsWire)-- TSYS (NYSE: TSS) announced today that it has signed an agreement with Qatar International Islamic Bank (QIIB) to license PRIME 4, the latest version of TSYS’ future-focused PRIME payment solutions platform.
QIIB is an award-winning Islamic bank that will leverage PRIME as a consolidation platform to manage all of its card issuing and multi-channel acquiring. By migrating to PRIME, QIIB will be able to improve operational efficiencies across its business, enabling it to better grow its current market offerings,covering Sharia-compliant revolving, debit and prepaid card products with EMV and contactless support, in addition to supporting eCommerce issuing with its integrated next generation TSYS InterActivSM technology.
“We selected TSYS on the strength of its global and domestic experience in order to ensure that QIIB has best-of-breed tools to continue our commitment to enhance and deliver top-quality products and services to our customers,” said Mohammed AlMawlawi, general manager, chief business development and marketing at QIIB. He added, “By consolidating our cards onto the PRIME payments platform, QIIB will be able to further enrich our clients’ payment options at much lower costs.”
TSYS’ PRIME 4 solution is fully compliant with the Payment Card Industry (PCI) Payment Application Data Security Standard (PA-DSS). It has a strong track record of supporting Islamic banks across the Middle East region in managing their Islamic Card product portfolios and services in accordance with Sharia principles.
“We are pleased that QIIB has selected TSYS for its payments platform. We are committed to the Qatari market where we have a high level of expertise and knowledge. We will work closely with the QIIB to help it meet its growth objectives and contribute further to the development of the Qatari payments market as a whole,” said Rene Kruse, chief operating officer, PRIME Business Solutions and group executive, TSYS International.
TSYS has approximately 400 clients across more than 80 countries around the globe. Its licensing footprint across the Middle East and Africa region — where it currently supports more than 30 PRIME clients — dates back to 1989.
About QIIB
Established in 1991, QIIB is one of the leading Islamic banks in the Middle East and North African (MENA) region and is listed on the Qatar Stock Exchange (QSE).
The Bank offers personal and corporate Islamic banking solutions to its rapidly increasing retail and corporate customers. Over the years, QIIB has seen many achievements in terms of maintaining growth in its balance sheet and strengthening its financial position despite unstable market factors.
International rating agencies had affirmed the Bank’s strong position as it acquired distinguished credit ratings with an ‘A2’ from Moody’s and an ‘A+’ from Fitch with a stable outlook from both agencies in 2016.
Within the framework of QIIB’s efforts to take its success to the regional market, it acquired a license from Bank Al-Maghrib (Morocco’s central bank) in 2016 to establish a joint venture Islamic bank – ‘Umnia’ in the Kingdom of Morocco in partnership with the Credit Immobilier et Hotelier.
About TSYS
TSYS® (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management . We succeed because we put people, and their needs, at the heart of every decision. It’s an approach we call ‘People-Centered Payments®’.
Our headquarters are located in Columbus, Ga., U.S.A., with approximately 11,500 team members and local offices spread across 13 countries. TSYS generated revenue of $4.2 billion in 2016, while processing more than 25.5 billion transactions. We are a member of The Civic 50 and were named one of the 2017 World's Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit tsys.com.
View source version on businesswire.com:http://www.
UN Operational Rates Update:
The UN Operational Rates were published on Thursday, May 11, 2017 and will become effective on Monday, May 15, 2017. Also, there is a 48 hour window on either side of May 15, 2017 for the numbers to be revised and still be official for May 15, 2017 (IMO....Thursday, May 17, 2017)
Blogs:
ADMINBILL WAITING TO BE TOLD THE PARTY IS ABOUT TO BEGIN. THERE HAS BEEN PLENTY OF ACTIVITY BUT UNTIL YOU ARE IN YOUR BANK AND SEE YOUR ACCOUNT GROW WITH A LOT OF ZEROS IN FRONT OF YOUR EYES IT REMAINS A DREAM OF THE FUTURE FOR YOU AS AN INDIVIDUAL. I WAIT AS YOU DO BUT HAVE IT ON GOOD AUTHORITY WE ARE A NOSE HAIR FROM THE FINISH LINE. NOT THE BEST OF PICTURES BUT I HOPE YOU GET MY MESSAGE.
"Timing is Everything" - Fri. PM TNT Thoughts
Sandy1:
Elmer- any word from Okie?
Elmerf123456:
Okie is doing fine.
Elmerf123456:
Just in from across the Pond. Iraqi security forces are said to be only days away from retaking Mosul from the self-styled Islamic State group. The army’s chief of staff told the BBC he hoped the militants would be defeated before the holy month of Ramadan starts on May 26. Timing is everything. So are special gifts to a country. Maybe there gift of Peace and finally our gift of financial change.
You are great people! Not because of the investment that you chose to be part of, but because of your perseverance your patience and your ability to hold up others when times get tough. I tell you now life is tough for many people but we all come from different parts and places, yet you continue to endure. You are blessed in human spirit and shall be rewarded. Belief is never easy, but the course is easy with like-minded individuals. Glad to be part of this with you.
AzHombre:
Looks like Mosul will finally be rid of terrorists by next week! Hopefully our "ship" will come in before Ramadan at the end of the month. Time will tell.
9Ball:
Words of wisdom given to me years ago by a very wealthy friend. "When you think you have all the money you will ever need, there are 3 things you want to avoid. Horse Racing, Car Racing and a High Maint. Woman." I can attest he was absolutely right.
Wrider22:
Remember the pre-nup!
"A Great Lesson" - Thoughts from TNT Elmerf123456
A great lesson for my TNT Family.
A speaker held up a $20 bill in a room of 200, he asked, "Who would like this $20 bill?" Hands went up. He said, "I am going to give this $20 to 1 of you but 1st, let me do this." He crumple up the $20 dollar bill. He asked, "Who still wants it...?" Still hands were up in the air.
"Well, What if I do this?" he dropped it on the ground & started to grind it into the floor with his shoe.
He picked it up, now crumpled & dirty. "Now, who still wants it?" Hands went in the air. "My friends, we have all learned a valuable lesson. No matter what I did you still wanted the money, it did not decrease in value. It was still worth $20.
Many times in our lives, we are dropped, crumpled & ground into the dirt by the decisions we make & the circumstances that come our way. We may feel as though we are worthless. But no matter what has happened or what will happen, you will never lose your value.
Dirty-clean, crumpled-finely creased, you are still priceless to those who DO LOVE you. The worth of our lives comes not in what we do or who we know, but by WHO WE ARE. You are special-Don't EVER forget it."
Elmer
"Death Blow" - Geopolitical Overview - Saturday - May 13, 2017
| TSYS Signs Payments Agreement with QIIB |
Award-winning Qatari bank licenses PRIMESM
|
COLUMBUS, Ga., May 13, 2017
(ME NewsWire)-- TSYS (NYSE: TSS) announced today that it has signed an agreement with Qatar International Islamic Bank (QIIB) to license PRIME 4, the latest version of TSYS’ future-focused PRIME payment solutions platform.
QIIB is an award-winning Islamic bank that will leverage PRIME as a consolidation platform to manage all of its card issuing and multi-channel acquiring. By migrating to PRIME, QIIB will be able to improve operational efficiencies across its business, enabling it to better grow its current market offerings, covering Sharia-compliant revolving, debit and prepaid card products with EMV and contactless support, in addition to supporting eCommerce issuing with its integrated next generation TSYS InterActivSM technology.
“We selected TSYS on the strength of its global and domestic experience in order to ensure that QIIB has best-of-breed tools to continue our commitment to enhance and deliver top-quality products and services to our customers,” said Mohammed AlMawlawi, general manager, chief business development and marketing at QIIB. He added, “By consolidating our cards onto the PRIME payments platform, QIIB will be able to further enrich our clients’ payment options at much lower costs.”
TSYS’ PRIME 4 solution is fully compliant with the Payment Card Industry (PCI) Payment Application Data Security Standard (PA-DSS). It has a strong track record of supporting Islamic banks across the Middle East region in managing their Islamic Card product portfolios and services in accordance with Sharia principles.
“We are pleased that QIIB has selected TSYS for its payments platform. We are committed to the Qatari market where we have a high level of expertise and knowledge. We will work closely with the QIIB to help it meet its growth objectives and contribute further to the development of the Qatari payments market as a whole,” said Rene Kruse, chief operating officer, PRIME Business Solutions and group executive, TSYS International.
TSYS has approximately 400 clients across more than 80 countries around the globe. Its licensing footprint across the Middle East and Africa region — where it currently supports more than 30 PRIME clients — dates back to 1989.
About QIIB
Established in 1991, QIIB is one of the leading Islamic banks in the Middle East and North African (MENA) region and is listed on the Qatar Stock Exchange (QSE).
The Bank offers personal and corporate Islamic banking solutions to its rapidly increasing retail and corporate customers. Over the years, QIIB has seen many achievements in terms of maintaining growth in its balance sheet and strengthening its financial position despite unstable market factors.
International rating agencies had affirmed the Bank’s strong position as it acquired distinguished credit ratings with an ‘A2’ from Moody’s and an ‘A+’ from Fitch with a stable outlook from both agencies in 2016.
Within the framework of QIIB’s efforts to take its success to the regional market, it acquired a license from Bank Al-Maghrib (Morocco’s central bank) in 2016 to establish a joint venture Islamic bank – ‘Umnia’ in the Kingdom of Morocco in partnership with the Credit Immobilier et Hotelier.
About TSYS
TSYS® (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management . We succeed because we put people, and their needs, at the heart of every decision. It’s an approach we call ‘People-Centered Payments®’.
Our headquarters are located in Columbus, Ga., U.S.A., with approximately 11,500 team members and local offices spread across 13 countries. TSYS generated revenue of $4.2 billion in 2016, while processing more than 25.5 billion transactions. We are a member of The Civic 50 and were named one of the 2017 World's Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit tsys.com.
View source version on businesswire.com: http://www.businesswire.com/
|
Kauaihn Chatter:
5-13-2017 Newshound Guru Phillyman Article: "International Development Bank (IDB) is granted a membership license to MasterCard International" Quote: "The International Development Bank (IDB) on Thursday held the signing ceremony for the contract for the granting of a basic membership license to MasterCard International in Baghdad." I wish the time table wasn't as stated "the project will be completed within the next few years after the final approvals of the implementation conditions have been completed legally" but it certainly is a huge step in the direction of a nation trying to make great strides in their economy. It would also be nice when electricity is running 24/7 to keep those ATMs on.
5-12-2017 Newshound/Intel Guru BGG [...your experience and opinion on a scale of 1 to 10 how close are we to International acceptance and support?] That's a tough one - but we are MUCH CLOSER than we have ever been before.
5-12-2017 Newshound Guru Kaperoni Article: "Iraq presents the settlement of compensation and debt-for-Kuwait Investment" Quote: "the ministry has held discussions with the deputy US ambassador to Iraq and his accompanying delegation mechanisms to complete readiness credit program with the International Monetary Fund," stressing "the ministry's readiness to complete the second review of the program to prepare the credit with the Fund meetings international Monetary. " "The meeting also discussed compensation with the State of Kuwait and ways to file settled through investment window inside Iraq." I believe this will need to be completed before we will see any monetary reform begin. The good news is it sounds like they are close or have a deal.
5-12-2017 Newshound Guru Kaperoni Article: "Iraq presents the settlement of compensation and debt-for-Kuwait Investment" Quote: "the ministry has held discussions with the deputy US ambassador to Iraq and his accompanying delegation mechanisms to complete readiness credit program with the International Monetary Fund," stressing "the ministry's readiness to complete the second review of the program to prepare the credit with the Fund meetings international Monetary. " "The meeting also discussed compensation with the State of Kuwait and ways to file settled through investment window inside Iraq." I believe this will need to be completed before we will see any monetary reform begin. The good news is it sounds like they are close or have a deal.
5-12-2017 Newshound/Intel Guru Mnt Goat Some are saying that Mosul has already been "fully" liberated and just not announced. Really? Article quote: "The chief of staff of the Iraqi army, Major General Othman al-Ghanmi, had predicted the end of last month that the liberation of the right side and the liberation of the city of Mosul entirely from the gangs of terrorist preachers before the month of Ramadan next, which ends the month of May." Okay so here it is in black and white. The month of May was and still it their target. It is confirmed by this article. No doubt about it! I believe if they continue {and don’t take another extended strategic break} they will be done next week.. WOW! So what does this mean to us? This means the CBI can no longer use ISIS as an excuse not to continue with the currency reforms and project to delete the zeros. NOOOOOOOOOO excuses! We all should know by now that the end to our RV saga is very close at hand.
5-12-2017 Newshound Guru MadDScout [...Ramadon is coming up...historically everything shuts down. Do you guys personally feel that if we don't revalue within the next week, we're going to be forced to look at a much later window?] I don't hold that Ramadan is a holdup. I think it is conditional...As in when they meet the conditions...
5-12-2017 Newshound Guru Kaperoni Article: "ATMs for MasterCard card users" Quote: "The Ministry of Communications coordinated the establishment of ATM for users of the card (master card) through its outlets in post offices in Baghdad and the provinces." IMO, these types are articles only tell us currency reform is coming sooner than later.
5-12-2017 Newshound Guru MadDScout [...Ramadon is coming up...historically everything shuts down. Do you guys personally feel that if we don't revalue within the next week, we're going to be forced to look at a much later window?] I don't hold that Ramadan is a holdup. I think it is conditional...As in when they meet the conditions...
5-12-2017 Newshound Guru Kaperoni Article: "ATMs for MasterCard card users" Quote: "The Ministry of Communications coordinated the establishment of ATM for users of the card (master card) through its outlets in post offices in Baghdad and the provinces." IMO, these types are articles only tell us currency reform is coming sooner than later.
5-12-2017 Newshound/Intel Guru BGG Article: "Iraq offers compensation settlement and Kuwaiti debt against investment" Quote: "...the meeting also discussed the file of compensation with the State of Kuwait and ways to settle through the window of investment inside Iraq.". two separate items talked about - how to pay back Kuwait (not to be confused with) - their eagerness to settle investments inside Iraq? One of the big problems needing dealt with - is they have few mechanisms in place to safe guard investors. Why would the IMF care about Iraqi investors. They don't - this is referring to OUTSIDE investors. Period. Really good news - entering final talks - it appears.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
*************
***************
*************
ARTICLE 1 (from PM Abadi's website)
No new posts.
*************
ARTICLE 2
Jubouri calls for action to "pardon the past" after a preacher
BAGHDAD, Iraq - May 12: Speaker of the House of Representatives Saleem al-Jubouri called for the opening of a new page for the post-Saddam era.
"The time has come to believe in the principle of (pardon God) and open a new page for a post-conflict period in which we want stability and co-existence, away from the squabbles," Jubouri was quoted as saying in his speech at the First Advocate of the Iraqi Lawyers Syndicate. The character that is trying to involve Iraqi society in the conflict of the political class. "
He stressed that "the situation of victims of justice must be addressed and legislation and decisions necessary to ensure their rights be found, and stand against the adoption of secret informant information as a source of accusations against citizens, which has led thousands of people to prison."
"We are keen not to repeat the reasons leading to the growth of hatred, hatred and racism, and we are working to establish the foundations of law and the civil state and good citizenship and good governance."
"One of the most important requirements of this stage is the enforcement of the amnesty law, which opens the way for reconsidering many of the cases that were adjudicated in the past, which took place under exceptional and unclear circumstances."
He pointed out that "the interest of the legal men is a direct support for the foundations of democracy and freedoms and rights is the fortress that is protected by the oppressed and the oppressed," adding that "the task of law man entrusted with the defense of justice is no less important than the role of the fighter who fights the fight to drive evil from his country and achieve stability and security Peace for the sake of his homeland ".
"We grow up with the Iraqi lawyer to be courageous in holding a vital role in the initiative to defend public issues such as the cases of journalists and the segments that are subject to injustice by the decisions of the Authority or the excesses of the party or the window that try to disrupt the justice process or obstruct it or traverse its path with its illegal tools "He said.
He added that "the independence of the Bar Association in its work and directions and away from the partisan influences to ensure the justice of the cause of its members and citizens alike."
He stressed that "the Iraqi Council of Representatives will remain supportive of all the efforts of this privileged segment, where the first reading of the law of trade unions and professional associations sent by the Council of Ministers, and soon will be completed, God willing." Finished
*************
ARTICLE 3
The destruction of defensive capabilities in the neighborhoods of July 17 and the economists and progress towards the Mosque of Nuri
NINEWA, May 13 (UPI) - The Federal Police Command announced on Saturday that it is carrying out a heavy fire plan with various heavy and medium weapons and flying planes to surround the neighborhoods of July 17 and the two Palestinians in preparation for breaking into the Old City.
The commander of the federal team, Raed Shaker Jawdat, said in a statement that "the defenses of the organization are urging in the lives of economists and July 17 destroyed," noting , "the completion of the federal police clearance of areas recently liberated by traps, mines and guided missiles and the depletion of defensive capabilities in axes The door of the bricks and the pharaohs and a new door and slowly incursion towards the Nuri Mosque. "
*************
ARTICLE 4
Pictures of the smart weapons of the elements in the mosque in the mosque
Nineveh, Iraq - May 13: The Iraqi Defense Ministry said it had found smart rockets belonging to a Dahedash organization during the fighting on the right side of Mosul.
The ministry said in a statement that "the Directorate of Military Intelligence in the third brigade, the 16th Division seized a warehouse of smart missiles back to the organization of Dahesh in the area of the church in western Mosul."Finished
***************
ARTICLE 5-A
National deputy: The liberation of Kairouan and the Ba'ja will greatly secure the border with Syria
2017/5/12 20:24
[Ayna-Baghdad]
The deputy of the National Alliance, Hassan al-Saadi said that the process of liberating the Kairouan district and the district of Baaj, the far west of the district of Tall Afar to the Syrian border will contribute significantly to securing the border between the two countries as well as speed up the liberation of the entire city of Mosul.
The deputy of the National Alliance, Hassan al-Saadi said that the process of liberating the Kairouan district and the district of Baaj, the far west of the district of Tall Afar to the Syrian border will contribute significantly to securing the border between the two countries as well as speed up the liberation of the entire city of Mosul.
"While we welcome the launching of the liberation operations of Kairouan, we confirm that these operations are very important, especially since they will extend to the Syrian border," Saadi said in a statement.
Saadi expressed his confidence in the capabilities of the security services and popular mobilization, "noting that" this battle will not be stubborn and will crush the enemy with the help of God Almighty. " The leadership of the popular crowd, announced today, the launch of the operations of [Muhammad Messenger of Allah] the second phase, to liberate the Kairouan district of Sinjar and the surrounding villages to the far west of Tal Afar and near the Iraqi border with Syria.
Saadi expressed his confidence in the capabilities of the security services and popular mobilization, "noting that" this battle will not be stubborn and will crush the enemy with the help of God Almighty. " The leadership of the popular crowd, announced today, the launch of the operations of [Muhammad Messenger of Allah] the second phase, to liberate the Kairouan district of Sinjar and the surrounding villages to the far west of Tal Afar and near the Iraqi border with Syria.
***************
ARTICLE 5-B
The popular crowd cuts the main road between Kairouan and Sinjar
2017/5/13 11:36
[Ayna-Baghdad]
On Saturday, the popular crowd was able to cut off the main road connecting Kairouan and Sinjar districts, which lies within the western axis of Mosul.
On Saturday, the popular crowd was able to cut off the main road connecting Kairouan and Sinjar districts, which lies within the western axis of Mosul.
"Our forces have cut off the main road between the Kairouan and Sinjar districts after the liberation of the village of Khneisi west of Tal Afar," the Popular Popular Media said in a statement received by the All Iraq agency.
"Our forces continue to advance and reach 3 kilometers from the center of the Kairouan area, liberating three villages in its vicinity," he said.
The second day of the operations of "Muhammad the Messenger of Allah the second" began after the first day was crowned with great success for the popular crowd, where he managed to liberate twenty-one villages.
"Our forces continue to advance and reach 3 kilometers from the center of the Kairouan area, liberating three villages in its vicinity," he said.
The second day of the operations of "Muhammad the Messenger of Allah the second" began after the first day was crowned with great success for the popular crowd, where he managed to liberate twenty-one villages.
*************
ARTICLE 6
Urgent liberation of the second reform district in Mosul
2017/5/12 19:09
[Ayna-Baghdad]
The security forces liberated the second Al-Islah neighborhood on the right side of the city of Mosul from terrorist gangs
The security forces liberated the second Al-Islah neighborhood on the right side of the city of Mosul from terrorist gangs
"The anti-terrorist forces liberated the second agrarian reform district in the right-hand coast of Mosul and raised the Iraqi flag over its buildings," a statement from the media information center said.
*************
ARTICLE 7
The killing of "Basrawi, Egyptian and Maslawi" in the old Mosul
Nineveh, May 12 (UPI) - The Federal Police Command announced Friday the killing of the so-called "legitimate" official of the terrorist organization Daqash in the old city of Mosul.
"The federal police killed the so-called forensic official in Mosul, the old Abu Ali al-Basrawi, the terrorist Abu Yusif al-Masri, a livelihood official and his assistant Radwan al-Maslawi," federal police chief Major-General Raed Shaker Jawdat said in a statement.
Jawdat said his forces "destroyed a car bomb and killed three suicide bombers wearing explosive belts near the Bilal al-Habashi mosque in the old city of Mosul."
"Our troops continue to support the transport and evacuation of hundreds of civilians who have been freed from the terrorists' hands and taken to camps for the displaced," he said. Finished
*************
ARTICLE 8
Iraq .. Baghdadi left his elements to death and detention
May 13, 2017
The spokesman for the joint operations, on Saturday, the escape of the leader of the organization calling for its elements and the inability to confront them after the recent losses suffered.
Brigadier Yahia Rasool told the "Journal News" that "a large number of elements of the organization were arrested and others were wounded during the fighting, while some fled, leaving his weapons and equipment."
"The security forces are hunting down the terrorist Abu Bakr al-Baghdadi, the leader of the Dahesh organization," he said. "We are not late in targeting him."
On the news of his escape between the Messenger that "al-Baghdadi is unable to appear before its elements, especially after the refraction suffered by the victories of security forces in the areas of the right coast of Mosul."
On his escape from Iraq, a spokesman for the joint operations, "security forces pursue al-Baghdadi and do not hesitate to target his target to be seen."
*************
ARTICLE 9
A "pre-emptive organization" is planning a final attack with chemical weapons
May 13, 2017
Baghdad - Agencies British newspaper Sun reported that Dahedash may be planning devastating chemical weapons attacks in another desperate attempt to preserve its stronghold in Iraq.
In a private letter from outside Mosul, Owen Holdaway, a newspaper reporter, spoke to doctors working on the frontline to free the city from the terrorists' grip.
Their commander, General Mustafa, revealed that Iraqi forces had received disturbing information, suggesting that terrorist organization calling up the besieged might be preparing for a deadly final attack.
"We have recent intelligence that Da'ad may be planning to use gas," Mustafa said. "I ordered all my men to wear masks if they went to the front."
General Mustafa's soldiers are working with two medical teams in the area to help wounded civilians - one run by a former US Army guard and the other part of the 9th Iraqi Army Division.
"We have several medical teams in the area, ready to deal with those fleeing the fighting," Mustafa said. He added that doctors are equipped and ready to deal with most of the injuries, but they have been under additional pressure since the start of a new operation in the region last Thursday.
"The snipers of a preacher attacked us yesterday, when we went to save some civilians in the nearby church town," said Dave Jobank, founder of Free Burma Rangers, a charity of eight trained doctors.
"Our Yazidi translator, a young boy named Shahin, was shot dead when he was handed over by one of the women, a young girl who was shot in the eye."
A few hours later, an Iraqi family was attacked by snipers as they were heading towards the medical facility.
"We did the father's help, and I think he will survive," said Justin, a charity doctor. "But the mother died on arrival. There was nothing we could do."
In a private letter from outside Mosul, Owen Holdaway, a newspaper reporter, spoke to doctors working on the frontline to free the city from the terrorists' grip.
Their commander, General Mustafa, revealed that Iraqi forces had received disturbing information, suggesting that terrorist organization calling up the besieged might be preparing for a deadly final attack.
"We have recent intelligence that Da'ad may be planning to use gas," Mustafa said. "I ordered all my men to wear masks if they went to the front."
General Mustafa's soldiers are working with two medical teams in the area to help wounded civilians - one run by a former US Army guard and the other part of the 9th Iraqi Army Division.
"We have several medical teams in the area, ready to deal with those fleeing the fighting," Mustafa said. He added that doctors are equipped and ready to deal with most of the injuries, but they have been under additional pressure since the start of a new operation in the region last Thursday.
"The snipers of a preacher attacked us yesterday, when we went to save some civilians in the nearby church town," said Dave Jobank, founder of Free Burma Rangers, a charity of eight trained doctors.
"Our Yazidi translator, a young boy named Shahin, was shot dead when he was handed over by one of the women, a young girl who was shot in the eye."
A few hours later, an Iraqi family was attacked by snipers as they were heading towards the medical facility.
"We did the father's help, and I think he will survive," said Justin, a charity doctor. "But the mother died on arrival. There was nothing we could do."
No comments:
Post a Comment