| Word on the Street Thursday 5/4/17International Monetary Fund requires the strengthening of the tax and collection systems for the disbursement of the new
Baghdad - Journal News
The International Monetary Fund (IMF) has informed Iraqi officials that the completion of the second review of the credit standoff and the consequent new payment of $ 840 million, representing the new installment of the IMF loan, Strengthen the tax and collection systems in the country, and make sure that Iraq is serious in this direction.
The source said in a statement singled out by the "Journal News," that "the statements of some officials motivated by electoral objections and auctions, regarding the measures of economic reform, continue to be detrimental to the discussions with international organizations."
Representatives of the Iraqi private sector discussed with a delegation from the International Monetary Fund, the latter's approval of a loan to Iraq to pay the arrears of Iraqi contractors, processors and farmers, and ways to solve this problem, as this is important in the stability of the economy.
IMF Vice President for the Middle East and Asia, Christian Jos, asked at the meeting in Baghdad about "the possibilities that increase state revenues, including the activation of taxes and those imposed on non-oil products."
He pointed out that "customs duties were between 5 and 10 percent," they returned "is not the right way to collect customs revenues."
He stressed the need to "change this method to reach 30 percent."
He said that "the fastest gains and revenues result from the regulation of the unit of taxing, and this generates significant revenue as imposed on the segment of large traders."
He called for a "freeze of employment until the development of the administration, because the high proportion of civil servants was a means to satisfy some and employ them without regard to efficiency, and will lead to a deficit in the next ten years."
"The weakness of the banking sector and the importance of strengthening the business through the restructuring of the Rafidain and Rashid government banks, and opening a large space for private banks with the need to assess the weaknesses and the establishment of the correct foundations to combat money laundering, can be recourse to the Integrity Commission and specialized organizations."
He noted "the progress made by the Office of Financial Control in auditing unaudited transactions".
The economic expert Ibrahim al-Baghdadi said in an intervention that Iraq "began to meet the customs tariff, which increased its resources in some customs outlets to more than 30 times, and increased the collection of electricity 20 times, and referred the Ministry of Electricity to collect the wages of electric power on companies under investment contracts, Positive results ". He stressed that "payment of receivables will move the market and address the weakness of liquidity in the markets, which affected the level of per capita income and small businesses."
The head of the Iraqi Contractors Union Ali Sanafi, called for "the release of arrears of transactions audited by the Office of Financial Supervision."
He said that "the union of contractors includes 34 thousand contractors, and receive a large part of their suffering in the stage of tax calculation, because the amounts of tax deduction reserved in the provinces." Economic researcher Lubna al-Shammari said that "the reform of the banking sector is a gateway for the entry of diversified investments into Iraq."
Informed sources revealed the focus of the meetings of the Ministry of Finance with the World Bank, which was held in the United States recently, confirming that it is periodic before granting Iraq a portion of his loan by 450 million dollars, pointing out that the meetings will continue every three months until Iraq gets the loan that With full payments of $ 5 billion to $ 400 million next year.
Government sources said that "the meetings of the Iraqi Ministry of Finance with the World Bank in Washington is a periodicity, the third since nine months."
The sources added that "Iraq has already agreed with the International Monetary Fund and the World Bank to obtain a loan amounting to $ 5 billion and 400 million dollars paid in three years."
She pointed out that "the lender required Iraq to carry out a number of reforms for the purpose of completing payment of these amounts." The sources confirmed that "the last meeting was held three months ago in the Jordanian capital Amman and dedicated for the same purpose," indicating that "the Iraqi delegation renewed its commitment to the terms of the World Bank that it spends payments for the purposes assigned to them." "The international body is trying to find out how much Iraq will abide by the terms of the loan before giving a new impetus," said Abdul Rahman al-Mashhadani, an economist.
"The meetings will continue with each payment of 450 million dollars until the loan is completed in full."
He added that "the main purpose of the amounts according to the World Bank is to fill the budget deficit and balance of payments in Iraq." Mashhadani finds that "periodic meetings are a calendar, allowing Iraq to provide a paper explaining the mechanisms to deal with the economic crisis." "Another loan secured by the World Bank is also provided by Britain, France and Canada, which reached 13 billion dollars," the economist said. "Iraq has received from this loan - earmarked for the reconstruction of liberated areas - during the last period 980 million dollars." |
Word on the Street Thursday 5/3/17:
TNT CONFERENCE CALL WEDNESDAY 5/3/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Wednesday Hump Day. Who would have thought we would still be on this side of the public RV and pushing into the first phase of May. Some people probably thought we would still be here and some did not. Well we are here, and what are we going to do with it. Live and enjoy that is all we can do. Information wise, the lastest we have actually what we may discuss from my point of view is the update and if you went in and had a chance to read that. We were getting reports from over on the Iraq side, and we have people here watching Iraqi TV and telling us what is on their TV. We get the benefit from both worlds having reports coming to us from both sides. The news flash that was appearing at the bottom of the screen says in the coming days full liberation of Mosul will be announced. We have expected that this past weekend and great to hear it is upcoming. It is reported that there is still some fighting going on over there in Western Mosul. Some saying it is nothing and others saying it is a big deal. Time will tell. We also had another piece come in from the Iraqi TV saying that the end of Daash is in the coming hours.We have not heard anything today, so it has been mysteriously quiet as far as the happenings across the pond as well as over here. Banks storied have not changed and pretty much the same from expecting it at anytime now to we are on top of this. It is about to pop. Get ready. We have heard a combination of those things. That pretty much has not changed. As for today, I have not received any new information from the banking community as of yet. Lets go to Q and A: Q: What are the current rates you have heard lately from your sources and how excited are you? Ray: Sources are excited as for it happening by the end of this week and still at the same high levels of expectancy. It was led to believe it was popping out and right around the corner. and be here any second and still anticipating these things. Current rates are the same as we have always been talking about. I have not heard of any new rate changes. Dinar: $3.00-3.40-3.70 most consistent rates and have heard upside of $4 and $5 but not consistent. VND .40-.47 cents and my understanding something happening with that in another country. Trying to get more info on that. IDR: $1.08- 1.25 somewhere there abouts. Q: Do you know if Maliki controls the media? Ray: We do know he has ownership of some parts of the news and TV stations. Q: Do you see for any reason the RV being postponed for months or years? Ray; No, I have not heard any info on that. Q: Can you explain how this will roll out. Ray: All we can do is do hypotheticals and multiple scenarios. Q: Are the main 3 currencies in the first basket? Ray: Yes, I am under that impression. Q: What is our next opportunity for closure? Ray: Based on what Iraq is saying, I am looking for Iraq's currency to revalue. Iraq is saying when we liberate Mosul, everything else will fall out and was anticipated to be announced last weekend. Some saying it is done and some say still a few skirmishes. They are telling their people it is in the coming days and Daash is supposed to be eliminated in the coming hours. All of it ties into something, and look for it in the next few days. I am stuck on this week for the time being. Nothing is pulling me away from this week with 2 days left. Lets take some callers. Callers: Catnip:I was intrigued by this no new intel. Was it because the folks that you deal with told you there was no new intel or they told you exactly the same thing as they told you last week or there was no new intel? My curiosity got the best of me. Ray: Actually a combination. From the Iraqi TV, We have not heard anything to date, and no reports have come in from any other citizens regarding what is flashing on the TV. Not even over hear for the ones that are watching TV. They have not reported in. We don't have a report from US based Iraqis or Iraqis on what is on TV for today. Same thing applies for lower denoms and nothing is on the street yesterday. We have not heard from either side, since if it was the case, they would have reported. Banking community have not heard any report this morning and last night why it did not happen. However our other intel folks are saying it is done, and they just didn't announce it yet. WE just have to wait and see when it gets announced. Citizens on the street tell us what is happening. Caller: 707 You mentioned banks selling Iraq Dinar. Can you tell us what banks? Ray: No, Check with your banks. I don't share the names, since people would start calling all the banks. Caller: 904:Abadi was supposed to make some announcements. Did you hear any? Ray: He has not made the announcement we were looking for.Ray Wrap up: We covered the main info. We are just patiently waiting. Expectations for this week. Things coming up on the 5th. We are going to see what happens in the next day or two. Everyone in high expectation . We are going to focus on preparedness when this comes out. Have you checked with your banks? When 800 numbers come out, it may be with your bank or others.The best of us will be practicing first, second, third mouse and rest work it out . Any decisions, we will await to see info wise and if anything comes out, I will put out a text. If there is a need to reconvene, I will put info in the forum, and we will come back. I Believe!. Rayren98
Good afternoon TNT Superfantastic Family. Today is Wednesday Hump Day. Who would have thought we would still be on this side of the public RV and pushing into the first phase of May. Some people probably thought we would still be here and some did not. Well we are here, and what are we going to do with it. Live and enjoy that is all we can do. Information wise, the lastest we have actually what we may discuss from my point of view is the update and if you went in and had a chance to read that. We were getting reports from over on the Iraq side, and we have people here watching Iraqi TV and telling us what is on their TV. We get the benefit from both worlds having reports coming to us from both sides. The news flash that was appearing at the bottom of the screen says in the coming days full liberation of Mosul will be announced. We have expected that this past weekend and great to hear it is upcoming. It is reported that there is still some fighting going on over there in Western Mosul. Some saying it is nothing and others saying it is a big deal. Time will tell. We also had another piece come in from the Iraqi TV saying that the end of Daash is in the coming hours.We have not heard anything today, so it has been mysteriously quiet as far as the happenings across the pond as well as over here. Banks storied have not changed and pretty much the same from expecting it at anytime now to we are on top of this. It is about to pop. Get ready. We have heard a combination of those things. That pretty much has not changed. As for today, I have not received any new information from the banking community as of yet. Lets go to Q and A: Q: What are the current rates you have heard lately from your sources and how excited are you? Ray: Sources are excited as for it happening by the end of this week and still at the same high levels of expectancy. It was led to believe it was popping out and right around the corner. and be here any second and still anticipating these things. Current rates are the same as we have always been talking about. I have not heard of any new rate changes. Dinar: $3.00-3.40-3.70 most consistent rates and have heard upside of $4 and $5 but not consistent. VND .40-.47 cents and my understanding something happening with that in another country. Trying to get more info on that. IDR: $1.08- 1.25 somewhere there abouts. Q: Do you know if Maliki controls the media? Ray: We do know he has ownership of some parts of the news and TV stations. Q: Do you see for any reason the RV being postponed for months or years? Ray; No, I have not heard any info on that. Q: Can you explain how this will roll out. Ray: All we can do is do hypotheticals and multiple scenarios. Q: Are the main 3 currencies in the first basket? Ray: Yes, I am under that impression. Q: What is our next opportunity for closure? Ray: Based on what Iraq is saying, I am looking for Iraq's currency to revalue. Iraq is saying when we liberate Mosul, everything else will fall out and was anticipated to be announced last weekend. Some saying it is done and some say still a few skirmishes. They are telling their people it is in the coming days and Daash is supposed to be eliminated in the coming hours. All of it ties into something, and look for it in the next few days. I am stuck on this week for the time being. Nothing is pulling me away from this week with 2 days left. Lets take some callers. Callers: Catnip:I was intrigued by this no new intel. Was it because the folks that you deal with told you there was no new intel or they told you exactly the same thing as they told you last week or there was no new intel? My curiosity got the best of me. Ray: Actually a combination. From the Iraqi TV, We have not heard anything to date, and no reports have come in from any other citizens regarding what is flashing on the TV. Not even over hear for the ones that are watching TV. They have not reported in. We don't have a report from US based Iraqis or Iraqis on what is on TV for today. Same thing applies for lower denoms and nothing is on the street yesterday. We have not heard from either side, since if it was the case, they would have reported. Banking community have not heard any report this morning and last night why it did not happen. However our other intel folks are saying it is done, and they just didn't announce it yet. WE just have to wait and see when it gets announced. Citizens on the street tell us what is happening. Caller: 707 You mentioned banks selling Iraq Dinar. Can you tell us what banks? Ray: No, Check with your banks. I don't share the names, since people would start calling all the banks. Caller: 904:Abadi was supposed to make some announcements. Did you hear any? Ray: He has not made the announcement we were looking for.Ray Wrap up: We covered the main info. We are just patiently waiting. Expectations for this week. Things coming up on the 5th. We are going to see what happens in the next day or two. Everyone in high expectation . We are going to focus on preparedness when this comes out. Have you checked with your banks? When 800 numbers come out, it may be with your bank or others.The best of us will be practicing first, second, third mouse and rest work it out . Any decisions, we will await to see info wise and if anything comes out, I will put out a text. If there is a need to reconvene, I will put info in the forum, and we will come back. I Believe!. Rayren98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,142.9000 | 1,142.9000 | 1,142.9000 | | 20:00 |
| USD/VND | | | 22,422.0000 | 22,422.0000 | 22,422.0000 | | 20:00 |
| USD/CNY | | | 6.9032 | 6.8893 | 6.9024 | | 05:44 |
| USD/KWD | | | 0.3045 | 0.3038 | 0.3039 | | 04:18 |
| GBP/USD | | | 1.2901 | 1.2831 | 1.2872 | | 05:45 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,336.0000 | 13,308.0000 | 13,308.0000 | | 05:41 |
CNBC Link: http://www.cnbc.com/markets/
CNBC Morning Squawk Link:
DC NY Iraq Articles:
:
UN official: Iraq's experience in community reconciliation is unique and deserves to be conveyed globally
UN humanitarian coordinator for Iraq Lisa Grande described the experience of community reconciliation in Iraq as "unique".
"The experience of Iraq and what has been achieved is a unique experience that deserves to be conveyed as experiences in the face of the challenges of community reconciliation in the conflict zones of the world," Grandi said in a statement to the Cabinet Secretariat during a meeting with Secretary-General Mahdi Al-Alak.
"Iraq is continuing with the help of the international community to restore stability, and then reconstruction to all state facilities and society," Granadi said.
For his part, the Secretary-General of the Council of Ministers said that "community reconciliation is essential and important in restoring stability to the liberated areas, especially in Mosul and the Nineveh Plain."
"The importance of the role of the United Nations and its development program in restoring the stability of liberated areas through the transfer of their experiences and the translation of their experiences to the ground, and the Iraqi government is facing a challenge in Mosul because it is a city with a diverse social diversity."
"Iraq is continuing with the help of the international community to restore stability, and then reconstruction to all state facilities and society," Granadi said.
For his part, the Secretary-General of the Council of Ministers said that "community reconciliation is essential and important in restoring stability to the liberated areas, especially in Mosul and the Nineveh Plain."
"The importance of the role of the United Nations and its development program in restoring the stability of liberated areas through the transfer of their experiences and the translation of their experiences to the ground, and the Iraqi government is facing a challenge in Mosul because it is a city with a diverse social diversity."
Al-Araji and Al-Hayali meet in Najaf after meeting with Sadr
The head of the security committee, Khaled al-Geshmi, told the "Journal News" that "the defense and interior ministers were going to visit the religious authorities after their visit to the leader of the Sadrist movement Moqtada al-Sadr this morning. The security committee did not disclose the details of the visit."
The Minister of Defense Irfan Hayali said, in a joint news conference with the leader of the Sadrist movement Moqtada al-Sadr and Interior Minister Qassim al-Araji in the province of Najaf, that "the post-gangs will support the rehabilitation of the Iraqi army, while Interior Minister Qassim Araji to work to support the security services and exclusive
The World Gold Council declares the occupation of Iraq as the fifth largest Arab size reserve
03-05-2017 01:44 PM
The World Gold Council announced the occupation of Iraq ranked fifth in the Arab world in the size of gold reserves.
According to World Gold Council data, the world's gold reserves stood at 33.33 thousand tons at the end of the first quarter of 2017 compared to 32.74 thousand tons at the end of the same period of 2016, marking a growth for the 32nd quarter, particularly since the second quarter of 2009 , While the average growth rate was 1.3% per quarter.
The data showed that Lebanon has replaced Saudi Arabia in terms of volume of gold reserves, which ranked 18th in the world with 286.8 tons constituting 0.9% of the world's reserves.
The third place in the world was Algeria and the 25th place in the world Algeria with 173.6 tons, followed by fourth place among the Arab countries in the world ranking 31 in Libya with 116.6 tons, Iraq ranked fifth in the Arab world and 37th globally with 89.8 tons followed by Kuwait in the sixth ranking Arab countries and 39 globally by 79 tons, followed by Egypt ranked seventh in the Arab world and 41 in the world with 75.6 tons.
The United States topped the world with gold reserves of 8,133.5 tons, accounting for 24.4% of the world's gold reserves, followed by Germany with 3377.9 tons of reserves, accounting for about 10.1% of the world's reserves.
In third place came the International Monetary Fund (IMF) with 2,814 tons, accounting for about 8.4% of the world's reserves. Italy was fourth with 2451.8 tons, accounting for 7.4% of the world's reserves.
According to World Gold Council data, the world's gold reserves stood at 33.33 thousand tons at the end of the first quarter of 2017 compared to 32.74 thousand tons at the end of the same period of 2016, marking a growth for the 32nd quarter, particularly since the second quarter of 2009 , While the average growth rate was 1.3% per quarter.
The data showed that Lebanon has replaced Saudi Arabia in terms of volume of gold reserves, which ranked 18th in the world with 286.8 tons constituting 0.9% of the world's reserves.
The third place in the world was Algeria and the 25th place in the world Algeria with 173.6 tons, followed by fourth place among the Arab countries in the world ranking 31 in Libya with 116.6 tons, Iraq ranked fifth in the Arab world and 37th globally with 89.8 tons followed by Kuwait in the sixth ranking Arab countries and 39 globally by 79 tons, followed by Egypt ranked seventh in the Arab world and 41 in the world with 75.6 tons.
The United States topped the world with gold reserves of 8,133.5 tons, accounting for 24.4% of the world's gold reserves, followed by Germany with 3377.9 tons of reserves, accounting for about 10.1% of the world's reserves.
In third place came the International Monetary Fund (IMF) with 2,814 tons, accounting for about 8.4% of the world's reserves. Italy was fourth with 2451.8 tons, accounting for 7.4% of the world's reserves.
Al-Sadr stresses the importance of the military and police exclusively for security after defeating a supporter
"I received at his home in Najaf the Iraqi defense and interior ministers Irfan al-Hayali and Qasim al-Araji on Wednesday and welcomed them and gave some guidance that is in the interests of the security forces and increase its effectiveness and close gaps that weaken its strength," the statement said.
"The need to support the Iraqi army, Iraqi police and the rest of the security forces through proper training," Sadr said, stressing the importance of supporting the intelligence effort and developing the military and security infrastructure in order to protect the security of the country from external and internal threats.
For their part, the two ministers expressed their thanks and appreciation for the national positions of Sadr and his continued and clear support to the Iraqi security forces to take their national role in the protection of Iraq land and people, stressing that his support to the security forces gives it a high moral momentum
Change urges Baghdad to intervene to end the crisis of the presidency of Kurdistan
MP Shirin Reza told the "Journal News" that "the current president of the region, Massoud Barzani, does not represent the region in the external meetings with the States being a loss of legitimacy of this representation according to the Constitution of Kurdistan" Barzani represents himself and his party in those meetings. "
"Barzani is racing with the Kurdish parties to declare the Kurdish state and separate from Baghdad to score an achievement for the Kurdish people to stay in power for as long as possible." He pointed out that "the Democratic Party, which is headed by Barzani, is not democratic because it controls the Kurds' Others ask the Baghdad government to change it "
The President of the Kurdistan region of Iraq Massoud Barzani called all forces and Kurdish political parties to a special meeting to discuss the referendum of self-determination of Kurdistan and the next steps in the region is the right of self-determination and independence goal of all Kurds.
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Kauaihn Iraq Articles:
Government statistics: 44% of divorce rates due to the housing crisis
Release date: • 2017/5/3 12:45 • 47 times scheduled
(Baghdad: Al Furat News) A government statistic revealed that 44% of divorce rates among couples in Iraq were due to the housing crisis.
"The Ministry of Labor has prepared a study on this phenomenon and found that the proportion of between 35 to more than 44% of divorce rates was due to the housing crisis," said Minister of Labor and Social Affairs Mohammed Shiaa al-Sudani in a statement to the ministry. Attention to the problems of staff, primarily the problem of housing as a natural right and to balance the rights of the employee and the duties that fall upon him.
"The allocation of land plots and housing units to employees is one of the important issues that are the priority of the work of the current government," he said.
He pointed out that "the previous and current governments have taken a number of decisions based on the principle of solving the housing crisis as one of the problems faced by and caused a lot of problems in the Iraqi family."
He called on Sudan to develop a systematic plan aimed at following up the procedures and finding appropriate solutions to the outstanding problems between the companies and the concerned state departments for the purpose of accelerating the distribution of land or building housing complexes for employees.
He also directed that this meeting be held monthly to the importance of the subject and included in the agenda of the meetings of the opinion body in the ministry to follow up with the general manager
"The allocation of land plots and housing units to employees is one of the important issues that are the priority of the work of the current government," he said.
He pointed out that "the previous and current governments have taken a number of decisions based on the principle of solving the housing crisis as one of the problems faced by and caused a lot of problems in the Iraqi family."
He called on Sudan to develop a systematic plan aimed at following up the procedures and finding appropriate solutions to the outstanding problems between the companies and the concerned state departments for the purpose of accelerating the distribution of land or building housing complexes for employees.
He also directed that this meeting be held monthly to the importance of the subject and included in the agenda of the meetings of the opinion body in the ministry to follow up with the general manager
The EU imposes 100 billion euros on Britain's secession
David Davis, the EU's minister for exit affairs, said his country would not pay 100 billion euros to leave the European Union.
"We will not pay 100 billion dollars, and all we are going to do is discuss what rights and obligations are in detail," Davis said in a statement to the British television channel ITV.
The European Union has identified what it called the "bill of separation" of Britain from the Union, and led to the payment of Britain's 100 billion euros are divided at intervals, according to the newspaper "The Financial Times" British.
The legislature calls on the executive not to forcibly return Iraqi refugees
"There are some countries, especially Britain, who have the desire to forcibly return some of the Iraqi refugees to Iraq," MP Amin Baker, a member of the parliamentary legal committee, said Wednesday in a statement read by the Journal News. "We saw necessity to take precautionary measures To press the government to take the necessary measures not to accept the forcible receipt of refugees to force those countries not to deport them. "
"We have been working for a long time on the issue of Iraqi refugees in various foreign and internal circles, and we have repeatedly called for the urgent efforts to help these migrants in the possible ways," he said. "We have heard repeated calls from immigrants and expatriates to press the countries of the Diaspora to take into account their humanitarian situation and their right to asylum. Safety ".
"In response to these pleas, we have gathered the signatures of 104 MPs and joined them in a parliamentary draft resolution to compel the Ministry of Foreign Affairs to take appropriate measures as it deems appropriate to not forcibly return the refugees," Bakr said. "He said
Lami: No Iraqi journalist has been arrested since 2008
"There has been no arrest of an Iraqi journalist since 2008, although there have been a lot of cases in the Iraqi courts," Lami said in a speech organized by the syndicate on the occasion of World Press Freedom Day and his information.
He added that "the Iraqi judiciary was sympathetic to Iraqi journalists," and expressed thanks to "the just Iraqi judiciary, which supported journalists."
"80 per cent of the terrorist operations were carried out by terrorist organizations, and 20 per cent related to issues of freedom and security," he said. Ending / 25
Kurdistan Regional Government expresses its displeasure at Iranian interference in the internal affairs of the province
The differences between Iraq's Kurds and Iran have surfaced after a period of silence between the two sides linked to the intentions of the Kurdish side to hold a referendum on secession from Iraq and the establishment of an independent Kurdish state.
The Kurdistan Regional Government expressed its displeasure at Iranian interference in the internal affairs of the region, in reference to statements by Iranian Foreign Ministry spokesman Bahram Qasimi on the right of self-determination for the people of Kurdistan, rejecting these statements.
The Iranian Foreign Ministry stressed at the same time that the right of self-determination is a natural right for the people of Kurdistan, like other peoples and other nationalities in the world and made for that a lot of sacrifices. The Iranian Foreign Ministry said in a statement that the issue of the referendum and independence of Kurdistan is an internal Iraqi issue and will be discussed and decided with The federal government in Baghdad through dialogue and understanding.
The spokesman for the Iranian Foreign Ministry, Behran Qasimi expressed his country's opposition to the Kurdish step and any division of Iraq and the separation of part of it, stressing that the Kurds have rights in the Iraqi constitution and can not harm the sovereignty and territorial integrity of Iraq.
This is the statement Qasimi first official position of Iran on the decision of the Kurdistan region of Iraq to hold a referendum for independence.
Kauaihn Economic Times:
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GLOBAL/NEWS/INFO
OIL/COMMODITIES/ENERY
Some buyers are returning to the market after the American Petroleum Institute said late Tuesday that U.S. oil inventories fell 4.2 million barrels last week and bulging gasoline stockpiles dropped 1.9 million barrels. Read the full story
Gold slips back to 3-week lows ahead of Fed’s policy update
MarketWatch
Gold prices dipped anew on Wednesday as the dollar firmed, taking the yellow metal back near three-week lows hit early in the week. Read the full story
MarketWatch
Gold prices dipped anew on Wednesday as the dollar firmed, taking the yellow metal back near three-week lows hit early in the week. Read the full story
CORRECT: Oil prices slip as EIA reports smaller-than-expected decline in U.S. crude supplies
MarketWatch
Oil prices turned a bit lower Wednesday after data from the U.S. Energy Information Administration showed that domestic crude supplies fell by 900,000 barrels for the week ended April 28. That was well below the 4.2 million-barrel drop reported by the American Petroleum Institute late Tuesday, according to sources. Analysts polled by S&P Global Platts forecast a larger decline of 2.25 million barrels. Gasoline stockpiles edged up by 200,000 barrels, while distillate stockpiles were down 600,000 Read the full story
MarketWatch
Oil prices turned a bit lower Wednesday after data from the U.S. Energy Information Administration showed that domestic crude supplies fell by 900,000 barrels for the week ended April 28. That was well below the 4.2 million-barrel drop reported by the American Petroleum Institute late Tuesday, according to sources. Analysts polled by S&P Global Platts forecast a larger decline of 2.25 million barrels. Gasoline stockpiles edged up by 200,000 barrels, while distillate stockpiles were down 600,000 Read the full story
Dollar touches 6-week high vs. yen
MarketWatch
The dollar climbed on Wednesday to a 6-week high against the yen after a key advisory group pushed back against Treasury Secretary Steven Mnuchin’s claim that issuing ultralong-term debt could make sense. Read the full story
MarketWatch
The dollar climbed on Wednesday to a 6-week high against the yen after a key advisory group pushed back against Treasury Secretary Steven Mnuchin’s claim that issuing ultralong-term debt could make sense. Read the full story
BANKS/BANKING
Standard Chartered favors Frankfurt as EU hub after Brexit
Business Insider
Business Insider
Skyline of the banking district in Frankfurt Thomson Reuters LONDON (Reuters) - Standard Chartered is in talks with regulators about making Frankfurt its European base to secure market access to the European Union when Britain leaves the bloc. "We are looking at setting up a subsidiary in the EU to ensure we are prepared," Chairman Jose Vinals said on Wednesday at the Asia-focused bank's annual shareholder meeting in London. "The choice of Frankfurt is very natural as we have a branch there and Read the full story
White House set to name top regulator to kickstart rollback of Obama-era bank rules
CNBC
The Trump administration is expected to name Keith Noreika as the interim head of the Office of the Comptroller of the Currency. Read the full story
A key player in finance is trying to stop another $80 million cyber attack on a central bank
CNBC
SWIFT has unveiled a new payment controls service that is designed to bolster customers' fraud and cyber-crime controls. Read the full story
Apple Pay Launches for HSBC Australia and 20+ U.S. Banks
MacRumors
HSBC has launched Apple Pay support for customers in Australia for the first time, enabling any Visa and MasterCard branded credit card issued by the bank to be added to Apple's mobile wallet. HSBC said the majority of its customers' credit card payments are already contactless and it expects Apple Pay will be quickly embraced as part of the wider shift towards tap-and-go payments. "Our customers have told us they want to be able to use Apple Pay in Australia, and we're proud to be able to make Read the full story
CNBC
The Trump administration is expected to name Keith Noreika as the interim head of the Office of the Comptroller of the Currency. Read the full story
A key player in finance is trying to stop another $80 million cyber attack on a central bank
CNBC
SWIFT has unveiled a new payment controls service that is designed to bolster customers' fraud and cyber-crime controls. Read the full story
Apple Pay Launches for HSBC Australia and 20+ U.S. Banks
MacRumors
HSBC has launched Apple Pay support for customers in Australia for the first time, enabling any Visa and MasterCard branded credit card issued by the bank to be added to Apple's mobile wallet. HSBC said the majority of its customers' credit card payments are already contactless and it expects Apple Pay will be quickly embraced as part of the wider shift towards tap-and-go payments. "Our customers have told us they want to be able to use Apple Pay in Australia, and we're proud to be able to make Read the full story
TREASURIES/BONDS/STOCKS
29 Ways to Earn 1% - 10% on Your Money in 2017
Kiplinger
Our ideas range from low-risk municipal bonds to high-risk mortgage REITs. Read the full story
With major Asian markets closed, Australian stocks retreat
MarketWatch
Stock prices increased early Wednesday in Asia, where some major markets are closed for holidays as traders await the latest statement from the U.S. Federal Reserve. Read the full story
GCC exchanges unstable amid volatile oil prices
Mubasher
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to suffer losses on Wednesday following the decline of oil prices near its lowest level in five weeks, amid trading on non-oil small caps and anticipation of further first-quarter … Read the full story
Gundlach says now is not the time to take big risks in the bond market
Business Insider
The U.S. dollar has been and will likely continue to be on a gentle weakening pattern, Jeffrey Gundlach, chief executive at DoubleLine Capital, said on an investor webcast late on Tuesday. Gundlach, who oversees more than $100 billion at Los Angeles-based DoubleLine, said the dollar "has not gone up in the past 18 months." Gundlach has said repeatedly the strength in the U.S. dollar after Donald Trump's presidential victory would reverse itself. Gundlach said about the soft dollar in a follow-up Read the full story
Mubasher
By: Mahmoud Gamal Mubasher: The GCC stock markets are expected to suffer losses on Wednesday following the decline of oil prices near its lowest level in five weeks, amid trading on non-oil small caps and anticipation of further first-quarter … Read the full story
Gundlach says now is not the time to take big risks in the bond market
Business Insider
The U.S. dollar has been and will likely continue to be on a gentle weakening pattern, Jeffrey Gundlach, chief executive at DoubleLine Capital, said on an investor webcast late on Tuesday. Gundlach, who oversees more than $100 billion at Los Angeles-based DoubleLine, said the dollar "has not gone up in the past 18 months." Gundlach has said repeatedly the strength in the U.S. dollar after Donald Trump's presidential victory would reverse itself. Gundlach said about the soft dollar in a follow-up Read the full story
CURRENICES
Australian dollar news: Pound close to multi-month best against AUD
Express
Express
ANOTHER unexpectedly upbeat economic report from the UK saw the pound against Australian dollar exchange rate jump today, with sterling climbing close to its best levels for seven months. The pound climbed to a high of AU$1.728, up from AU$1.714. Following Tuesday’s better-than-expected UK manufacturing purchasing manager’s index , demand for the pound was further heightened by today’s construction PMI. In April, UK construction activity rose from 52.2 points to 53.1, showing continued growth Read the full story
Rupee strengthens marginally against US dollar
Livemint
Livemint
Mumbai: The Indian rupee strengthened marginally against the US dollar, ahead of the outcome of the two-day US Federal Reserve meeting due to start later on Wednesday. Read the full story
Forex - Kiwi steady after upbeat N.Z. data, Aussie moves lower
Investing.com
Investing.com
Kiwi little changed against greenback, Aussie lower in late trade Read the full story
Pound to euro exchange rate - DRASTIC dip in 12 hours due to THIS UK issue?
Express
Express
BEST pound to euro exchange rates will be scuppered for travellers today. The tourist rate will be low after the pound has suffered an extreme dip in the past 12 hours. The Post Office exchange rate is at 1 GBP to 1.1350 EUR. The rate is currently at 1.18056 against the euro. In comparison at the end of last month the rate was a much sunnier 1.189. Read the full story
POUND LIVE: May's Brexit stance lifts pound ahead of dissolution of Parliament
Express
Express
POUND sterling is continuing its hold as UK Prime Minister Theresa May attends Buckingham Palace to notify HM Queen Elizabeth of the dissolution of Parliament. Stronger than expected manufacturing PMI was released out of the UK yesterday ahead of this Sunday's French elections and news of EU legal action against its own states over banking and following its annoncement it is to take over Capital Markets. Read the full story
USA
The dollar is hovering in suspense ahead of the Fed
Business Insider
Business Insider
The dollar is hovering in suspense ahead of the Federal Reserve's latest monetary policy decision. The US dollar index is little changed at 99.07 as of 8:09 a.m. ET. The Fed will be out with its latest decision at 2 p.m. ET on Wednesday. Virtually no one is expecting the Fed to raise rates at the meeting. However, what people will be looking for is how the Fed appraises recent economic data. The World Interest Rate Probability data provided by Bloomberg shows a 69.6% chance the central bank will Read the full story
Opinion: The earnings recovery is an illusion
MarketWatch
MarketWatch
Look at the financial footnotes in 10-K filings and the gains then disappear. Read the full story
Home prices will not fully recover until 2025, and a new report explains why
CNBC
CNBC
Huge price gains during the last housing boom were juiced almost entirely by an incredibly loose mortgage lending market that no longer exists. Read the full story
Are you the family bank?
USA TODAY
Have you saved and invested responsibly? Then guess what? You’re likely to become your family’s bank. Read the full story
Here are the states where house prices are hottest
MarketWatch
The Pacific Northwest, led by Washington, continues to lead the way for house-price growth in March, according to data released Wednesday. Read the full story
USA TODAY
Have you saved and invested responsibly? Then guess what? You’re likely to become your family’s bank. Read the full story
Here are the states where house prices are hottest
MarketWatch
The Pacific Northwest, led by Washington, continues to lead the way for house-price growth in March, according to data released Wednesday. Read the full story
MIDDLE EAST
Champion of Iran Reforms Backs Rouhani Before Presidential Election
Bloomberg
Iran’s President Hassan Rouhani won a key endorsement from a former leader dubbed the “father of reforms” ahead of this month’s election. “Our candidate is Mr. Rouhani,” ex-President Mohammad Khatami said on his website, lauding Rouhani for leading Iran out of international isolation and securing the lifting of economic sanctions through the nuclear deal with world powers. “Not choosing Rouhani means strengthening the possibility of the return of those difficult conditions,” he said. Khatami Read the full story
With US stocks at record highs, here's why you should look to the Gulf for returns
CNBC
The Abu Dhabi Financial Group told CNBC on Wednesday that its multi-million dollar fund remained focused on Middle Eastern economies over the U.S. Read the full story
AFRICA
The best days of selling cheap Chinese goods in Africa are over
Quartz
Nairobi, Kenya In just 20 years, a sleepy residential neighborhood east of Nairobi’s central business district has become one of the most globally connected trade… Read the full story
Zimbabwe: 'Chinese Mining Destroying Rather Than Maintaining'
AllAfrica
Zimbabwe: 'Chinese Mining Destroying Rather Than Maintaining' "The Chinese mining chrome are totally destroying rather than maintaining Zimbabwe. I had hoped to see them put tar here as opposed to digging these trenches", opposition politician Temba Mliswa has said. Read the full story
Africa: US Congress Rejects Trump's Cuts in Aid to Africa
AllAfrica
The US Congress is expected to vote soon in support of a budget deal that preserves most Africa assistance programmes and provides nearly $1 billion to respond to current and threatened famines. The pending agreement announced on Monday rejects many of the aid cuts sought by Republican President Donald Trump. That outcome results from the unwillingness of key Republicans in Congress to slash funding for the State Department and the US Agency for International Development (USAid). The most ardent Read the full story
Oil price falls on Libya, supply glut
USA TODAY
The price of U.S. crude oil continued its tumble Tuesday as investors remain concerned about a global glut and developments in the Middle East that could add to the current supply. West Texas Intermediate (WTI) oil, the U.S. Read the full story
East Africa: Region's Largest Bank Plans to Fire 500 Workers to Save U.S.$20 Million
AllAfrica
(Photo: The Citizen) KCB Group, the region's largest bank by assets, is offering a voluntary retirement package for its employees as it seeks to cut costs after taking a hit from technological changes and reduced income. The bank said it expects to save $20 million annually, predicting that it should be able to recover costs from the reduced number of employees within 18 months. It is said to be targeting 500 employees. The move comes barely a month after the bank recorded a 0.5 per cent growth Read the full story
ASIA
What's driving America's profits? Overseas demand
USA TODAY
Earnings for big U.S. companies are growing at the best pace since 2011 thanks to stronger buying in Europe and Asia. Read the full story
FD rates revised. What should you do?
Livemint
Recently, some major banks revised their interest rates on bank fixed deposits (FDs). State Bank of India, the country’s largest lender, on 29 April, cut interest rates on FDs by 25-50 basis points (bps) in select maturity baskets. For instance, interest rates on 2 years to less than 3 years has now been reduced from 6.75% to 6.25%, while interest rate on 3 years to 10 years basket has come down to 6.25% from 6.50%. One basis point is one-hundredth of a percentage point. Read the full story
Livemint
Recently, some major banks revised their interest rates on bank fixed deposits (FDs). State Bank of India, the country’s largest lender, on 29 April, cut interest rates on FDs by 25-50 basis points (bps) in select maturity baskets. For instance, interest rates on 2 years to less than 3 years has now been reduced from 6.75% to 6.25%, while interest rate on 3 years to 10 years basket has come down to 6.25% from 6.50%. One basis point is one-hundredth of a percentage point. Read the full story
EUROPE
Euro zone economy outperforms U.S. with robust start to year
The Globe and Mail
The Globe and Mail
The bloc posted annualized growth of 1.8 per cent, compared to 0.7 in the U.S. Read the full story
ETF Flyer: Greece and Brazil Are Shaping Up
Barron's
The Global X MSCI Greece ETF and the iShares MSCI Brazile Capped ETF were Tuesday's highest flyers. Read the full story
Market analysis: UK bank numbers and a look ahead at sector stocks in May 2017
International Business Times, UK Edition
Former city trader and TipTV founder Nick Batsford discusses recent financials posted by major banks with market analyst Matt Brown. Read the full story
Barron's
The Global X MSCI Greece ETF and the iShares MSCI Brazile Capped ETF were Tuesday's highest flyers. Read the full story
Market analysis: UK bank numbers and a look ahead at sector stocks in May 2017
International Business Times, UK Edition
Former city trader and TipTV founder Nick Batsford discusses recent financials posted by major banks with market analyst Matt Brown. Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Thursday, May 4, 2017 update on the indicative rates Buy Rate 1182 Sell Rate 1184
The currency auction is 159,555 532
There are no news and announcements for Thursday, May 4, 2017
ISX Update:
Value Traded
631,611,060
Shares Traded
974,829,695
ISX ended in Red
Learn about the conditions of Al-Rasheed Bank to grant an advance to pensioners
04-05-2017 12:49 PM
Al-Rasheed Bank revealed on Thursday its instructions on obtaining an advance for pensioners, while denying the existence of a condition that the sponsor carries the card card with these instructions.
The bank said that 'the instructions for the applicants of the advance pensioners include that the sponsor is a government employee to the permanent owner and has a service of five years and his salary covers the installment with interest', indicating that 'be retired card holders card Rashid Bank'.
He stressed the bank 'to facilitate the transactions of retirees and procedures for granting the advance,' noting that 'otherwise the banker will be responsible for blocking the conduct of any service to citizens'.
The bank denied 'the requirement of a smart card for the sponsor in this advance'.
The bank said that 'the instructions for the applicants of the advance pensioners include that the sponsor is a government employee to the permanent owner and has a service of five years and his salary covers the installment with interest', indicating that 'be retired card holders card Rashid Bank'.
He stressed the bank 'to facilitate the transactions of retirees and procedures for granting the advance,' noting that 'otherwise the banker will be responsible for blocking the conduct of any service to citizens'.
The bank denied 'the requirement of a smart card for the sponsor in this advance'.
Kauaihn Chatter:
5-3-2017 Newshound Guru Enorrste In other words, he is specifically talking about increasing trade between Iraq and the rest of the world but says that this can't happen unless Iraq gives an incentive to industrialized countries to start the process. However, once that process begins then, he says, he would feel comfortable releasing the dinar to a floating currency. In short, this is a tremendous vote in our favor, since it is the boss himself who is calling for actions leading to a floating dinar. Let's just hope that he gets some "takers" to get the ball rolling... [post 2 of 2]
5-3-2017 Newshound Guru Enorrste Article: "Abadi: We need to strengthen the economy and the protection of the national industrial and agricultural product..." Quote: "we want to increase Iraq 's exports of many materials and we want to give Iraqi concessions for industrialists who can to issue so that there is not only a departure from the currency but the currency intervention and a trade exchange between Iraq and states on one level this is important in activating the work " This is the head of the Iraqi government discussing the means toward opening up the currency to the world. Specifically, he is calling for the increase of Iraqi exports and the granting of concessions to industrialists who want to invest in Iraq. Both of these factors will then allow the CBI to begin the float ("departure from the currency") and will lead to further commerce with the greater world market. [post 1 of 2....stay tuned]
5-3-2017 Intel Guru Frank26 ...as i opinionated...last week...The MR [Monetary Reform] Is Over"...As NOW soon enough Mosul will finally be Over too.
5-3-2017 Intel Guru RayRen98 Information-wise...people in the Iraq and the US are telling us on that on Iraqi television, they are saying that (on the bottom of the screen yesterday) that the full liberation of Mosul will be announced, that it is forthcoming. They did report there is still some fighting in western Mosul. We also have another piece that came in, saying that this is happening in the ‘coming hours’, which is different than in the ‘coming days’. However, we haven’t heard anything today. [What are the current rates that you have heard lately for the dinar, dong...? How excited are your sources for this happening by the end of this week?] Sources are excited as they were last week; we are still at the same high levels of expectancy – it should be here any second, and we are still anticipating. I haven’t heard any new rate changes: dinar = $3.40-3.70, although some banks have seen slightly higher rates, but those are the more consistent rates. The dong = 47 cents...
5-3-2017 Newshound Guru Adam Montana Regarding the dinar, no HCL right now and no bridges to a successful HCL have been burnt, so it's still a waiting game, although it's a lot more exciting to be waiting for something this life changing and this close! It's my opinion that the HCL is finally (FINALLY) just around the corner.
5-3-2017 Intel/Newshound Guru Backdoc I AGREE...THE GRAND OLE MOSQUE. IT WAS DONE LONG AGO! IT APPEARS TO BE TIMING WHICH WE WONT KNOW. I SUSPECT WE SHOULD SEE LOTS OF CONFUSION AND EVEN NEGATIVE INFO IF WE ARE REALLY THAT CLOSE... ONE MORE THING THAT I FELT WAS AN ACTION THAT MEANS THINGS WAS WHEN TRUMP IMMEDIATELY CAME OUT OF THE WOODS ON THE TAX ISSUE RIGHT AFTER THE SHIA BROTHERS MEETING WITH THE IMF AND WB. [post 3 of 3]
5-3-2017 Intel/Newshound Guru Backdoc MOSUL APPEARS TO BE A POLITICAL FOOTBALL OR A TIMING ISSUE. I BELIEVE THE SHIA BROTHERS GOT THEIR RATES AFTER THE D.C. MEETINGS WHICH VALIDATED THEIR RESERVES WHICH EXPLAINS THE MASSIVE MOVEMENT OF FUNDS MOVING INTO IRAQ ON THE 8 th OF APRIL. CONFIRMATION FOR ME THAT THEY BOTH GOT THEIR RATES ON THE 21st WAS A LETTER FROM THE IMF DEMANDING IRAQ COMPLETE THEIR MONETARY REFORM OR RV IN SHORT. [post 2 of 3....stay tuned]
5-3-2017 Newshound Guru Enorrste Article: "Abadi: We need to strengthen the economy and the protection of the national industrial and agricultural product..." Quote: "we want to increase Iraq 's exports of many materials and we want to give Iraqi concessions for industrialists who can to issue so that there is not only a departure from the currency but the currency intervention and a trade exchange between Iraq and states on one level this is important in activating the work " This is the head of the Iraqi government discussing the means toward opening up the currency to the world. Specifically, he is calling for the increase of Iraqi exports and the granting of concessions to industrialists who want to invest in Iraq. Both of these factors will then allow the CBI to begin the float ("departure from the currency") and will lead to further commerce with the greater world market. [post 1 of 2....stay tuned]
5-3-2017 Intel Guru Frank26 ...as i opinionated...last week...The MR [Monetary Reform] Is Over"...As NOW soon enough Mosul will finally be Over too.
5-3-2017 Intel Guru RayRen98 Information-wise...people in the Iraq and the US are telling us on that on Iraqi television, they are saying that (on the bottom of the screen yesterday) that the full liberation of Mosul will be announced, that it is forthcoming. They did report there is still some fighting in western Mosul. We also have another piece that came in, saying that this is happening in the ‘coming hours’, which is different than in the ‘coming days’. However, we haven’t heard anything today. [What are the current rates that you have heard lately for the dinar, dong...? How excited are your sources for this happening by the end of this week?] Sources are excited as they were last week; we are still at the same high levels of expectancy – it should be here any second, and we are still anticipating. I haven’t heard any new rate changes: dinar = $3.40-3.70, although some banks have seen slightly higher rates, but those are the more consistent rates. The dong = 47 cents...
5-3-2017 Newshound Guru Adam Montana Regarding the dinar, no HCL right now and no bridges to a successful HCL have been burnt, so it's still a waiting game, although it's a lot more exciting to be waiting for something this life changing and this close! It's my opinion that the HCL is finally (FINALLY) just around the corner.
5-3-2017 Intel/Newshound Guru Backdoc I AGREE...THE GRAND OLE MOSQUE. IT WAS DONE LONG AGO! IT APPEARS TO BE TIMING WHICH WE WONT KNOW. I SUSPECT WE SHOULD SEE LOTS OF CONFUSION AND EVEN NEGATIVE INFO IF WE ARE REALLY THAT CLOSE... ONE MORE THING THAT I FELT WAS AN ACTION THAT MEANS THINGS WAS WHEN TRUMP IMMEDIATELY CAME OUT OF THE WOODS ON THE TAX ISSUE RIGHT AFTER THE SHIA BROTHERS MEETING WITH THE IMF AND WB. [post 3 of 3]
5-3-2017 Intel/Newshound Guru Backdoc MOSUL APPEARS TO BE A POLITICAL FOOTBALL OR A TIMING ISSUE. I BELIEVE THE SHIA BROTHERS GOT THEIR RATES AFTER THE D.C. MEETINGS WHICH VALIDATED THEIR RESERVES WHICH EXPLAINS THE MASSIVE MOVEMENT OF FUNDS MOVING INTO IRAQ ON THE 8 th OF APRIL. CONFIRMATION FOR ME THAT THEY BOTH GOT THEIR RATES ON THE 21st WAS A LETTER FROM THE IMF DEMANDING IRAQ COMPLETE THEIR MONETARY REFORM OR RV IN SHORT. [post 2 of 3....stay tuned]
5-3-2017 Intel/Newshound Guru Backdoc JUST AN INTERESTING NOTE TO PONDER. THE ONLY DAY MULTIPLE CURRENCIES CAN REALIGN ALL TOGETHER IS A SUNDAY. AS PAST PATTERNS HAVE SHOWN US MORE TIMES THAN I CAN REMEMBER, IMPORTANT WORK IS COMPLETED ON A 7th AND IMPORTANT BUSINESS IS LAUNCHED ON A 8th. INTERESTING THAT THIS SUNDAY IS THE ONLY SUNDAY THAT LANDS ON A 7 th THE REST OF THIS YEAR ALTHOUGH THERE ARE SOME OTHER 7th's THAT LAND ON A WEEKEND. [post 1 of 3....stay tuned]
5-3-2017 Intel Guru Bruce What is going on in Iraq? My understanding is a number of announcements, 5 or 6, were made in the Mosques a few days ago. We do know the banks are synchronizing the rates of the currencies in the first basket and a 2nd basket have been trading. Currencies we hold already for exchange have been trading upward. The rates have been going up. They continue to go up into an area we didn’t expect. I didn’t expect them to be this high, the range this high... WE are looking for this to come in way of our blessing very shortly... We hope that the release takes place before...Thursday night.
5-3-2017 Intel Guru Bruce What is going on in Iraq? My understanding is a number of announcements, 5 or 6, were made in the Mosques a few days ago. We do know the banks are synchronizing the rates of the currencies in the first basket and a 2nd basket have been trading. Currencies we hold already for exchange have been trading upward. The rates have been going up. They continue to go up into an area we didn’t expect. I didn’t expect them to be this high, the range this high... WE are looking for this to come in way of our blessing very shortly... We hope that the release takes place before...Thursday night.
5-2-2017 Intel Guru RayRen98 Iraqi TV is showing a news flash ticker at the bottom of the screen strolling on all television programs with the message: "In the coming days, full liberation of Mosul will be announced." Fierce fighting is being reported in western Mosul. Iraqi TV is reportedly saying the end of Daesh is in the coming "hours." Time Will Tell All.
5-2-2017 Newshound Guru mike Parliament is the main hold up for progress in Iraq, they control the legislature and Iran controls them. How many laws are we still waiting for? How did ISIL get into Anbar Province and keep it for two years? I could go on but the lack of political will is the problem in Iraq and we can lay that at the folks who control most of the Iraqi politicians...Iran... I predict that even when ISIL is removed from Iraq the same old problems that have plagued them since Saddam was removed will remain and further stymie progress. I hope I'm wrong. Here's hoping the UN can get it done, it seems like a long shot without the legislation necessary to create the open market economy.
5-2-2017 Newshound Guru Kaperoni Article: "Vice: oversees the United Nations five-year plan for economic development in Iraq" Quote: "this time is different from its predecessors, because the United Nations oversees this plan and has allocated a large sum for her, that's why we think the success of this plan." UN means the IMF and World Bank. We should be excited.
5-2-2017 Newshound/Intel Guru Mnt Goat ...in recent weeks we were told by an Iraqi general that it would take another 3 weeks to “fully” liberated Mosul. I think this was perhaps on his response to Abadi’s request to have it done by April 30th? So today is May 2nd we get an announcement it could be only a few more days. All we can do is wait and listen to the rest of the news that comes out this week. This could be an interesting week.
5-2-2017 Newshound Guru Kaperoni Article: "Abadi: We prepare for the announcement of the great victory" Quote: "According to a statement to the Office of the Prime Media Minister, Abadi said, in his speech , a festival of national unity , which was held under the slogan ( the great victory on our way towards peace): «We are gearing up to announce a great victory, the biggest priority of peace..." Let's hope so.
5-2-2017 Newshound Guru mike Parliament is the main hold up for progress in Iraq, they control the legislature and Iran controls them. How many laws are we still waiting for? How did ISIL get into Anbar Province and keep it for two years? I could go on but the lack of political will is the problem in Iraq and we can lay that at the folks who control most of the Iraqi politicians...Iran... I predict that even when ISIL is removed from Iraq the same old problems that have plagued them since Saddam was removed will remain and further stymie progress. I hope I'm wrong. Here's hoping the UN can get it done, it seems like a long shot without the legislation necessary to create the open market economy.
5-2-2017 Newshound Guru Kaperoni Article: "Vice: oversees the United Nations five-year plan for economic development in Iraq" Quote: "this time is different from its predecessors, because the United Nations oversees this plan and has allocated a large sum for her, that's why we think the success of this plan." UN means the IMF and World Bank. We should be excited.
5-2-2017 Newshound/Intel Guru Mnt Goat ...in recent weeks we were told by an Iraqi general that it would take another 3 weeks to “fully” liberated Mosul. I think this was perhaps on his response to Abadi’s request to have it done by April 30th? So today is May 2nd we get an announcement it could be only a few more days. All we can do is wait and listen to the rest of the news that comes out this week. This could be an interesting week.
5-2-2017 Newshound Guru Kaperoni Article: "Abadi: We prepare for the announcement of the great victory" Quote: "According to a statement to the Office of the Prime Media Minister, Abadi said, in his speech , a festival of national unity , which was held under the slogan ( the great victory on our way towards peace): «We are gearing up to announce a great victory, the biggest priority of peace..." Let's hope so.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1 (from PM Abadi's website)
Last item posted is dated from May 2)
*************
ARTICLE 2
Hakim calls on security leaders to present plan and time to resolve the battle of terrorism
2017/5/3 18:36
[Ayna - Baghdad]
The head of the National Alliance, Ammar al-Hakim, called on Wednesday for a clear and clear plan to define the time to eliminate terrorist gangs.
The head of the National Alliance, Ammar al-Hakim, called on Wednesday for a clear and clear plan to define the time to eliminate terrorist gangs.
"Our battle with terrorism must be resolved this time and unequivocally and the security leaders must present a clear plan and in a specific time to eliminate the security abuses in the capital and some provinces," al-Hakim said in his speech during the ceremony of the three satellites of the people of the house. "We are proud of our heroes in the armed forces who proved to the world that Iraq is a fierce fighter when it has the right leadership and effective planning."
He pointed out that "we fight for the sake of peace and prosperity and to promote coexistence between citizens and the reconstruction of the nation and prosperity, and our message in this battle the message of life and hope and the bright future of the homeland and the citizen," asserting that "thefatwa of the religious authority in the holy jihad has helped transform the battle of sectarian battle as wanted Terrorists, to a national battle to eliminate sectarianism and racism and consolidate the national unity and unite the Iraqi people in this confrontation. "
He added that "the popular crowd is the legitimate son of this holy fatwa, where the epics were placed side by side with the other titles of our heroic armed forces, and thus the ordeal turned into a grant and a challenge to the opportunity. At the end of this anniversary we call on the media and researchers to document this great humanitarian dimension of the Islamic Jihad Live testimonies of IDPs and all citizens in liberated areas who have seen these tournaments and sacrifices in order to free them and those who have been provided with service and care. "
He added that "the rotation of security sites is a strategic necessity and can not protect the homeland and the citizen with the same mentalities that have been leading their positions for a long time," calling on "to review the performance and assessment of leaders and ensure their ability to meet the security challenges in the next phase, the closer we get military victory whenever we need New plans and procedures to control security within the cities and terrorism will seek to compensate for the defeat by the killing of civilians and targeting them at random. "
"Iraq is an independent and sovereign state and its foreign relations are made by a purely Iraqi decision. It does not require the guardianship of anyone. The region boils down to the internal problems of all countries and therefore we advise everyone to take care of their internal affairs instead of interfering in Iraqi affairs."
However, "young people who are fighting on the fronts, and young people who fill the halls of universities and active political youth are the great tool to build the nation and its reconstruction and prosperity and change its paths towards the better."
"Our battle with corruption is no less sacred than our fight against terrorism, but corruption is more dangerous than terrorism because it is an internal enemy, and it is a disgrace in the body of the state and the conscience of the people," he said.
"The next year in Iraq there are a lot of events and variables and we need tough decisions and bold and decisive and we have to be on the responsibility entrusted to us to lead this country to the beach of safety," he said, adding that " Axis in the region [Iran, Saudi Arabia, Turkey, Egypt and Iraq] has become an urgent need to rearrange things and stop bleeding. "
He pointed out that "we fight for the sake of peace and prosperity and to promote coexistence between citizens and the reconstruction of the nation and prosperity, and our message in this battle the message of life and hope and the bright future of the homeland and the citizen," asserting that "thefatwa of the religious authority in the holy jihad has helped transform the battle of sectarian battle as wanted Terrorists, to a national battle to eliminate sectarianism and racism and consolidate the national unity and unite the Iraqi people in this confrontation. "
He added that "the popular crowd is the legitimate son of this holy fatwa, where the epics were placed side by side with the other titles of our heroic armed forces, and thus the ordeal turned into a grant and a challenge to the opportunity. At the end of this anniversary we call on the media and researchers to document this great humanitarian dimension of the Islamic Jihad Live testimonies of IDPs and all citizens in liberated areas who have seen these tournaments and sacrifices in order to free them and those who have been provided with service and care. "
He added that "the rotation of security sites is a strategic necessity and can not protect the homeland and the citizen with the same mentalities that have been leading their positions for a long time," calling on "to review the performance and assessment of leaders and ensure their ability to meet the security challenges in the next phase, the closer we get military victory whenever we need New plans and procedures to control security within the cities and terrorism will seek to compensate for the defeat by the killing of civilians and targeting them at random. "
"Iraq is an independent and sovereign state and its foreign relations are made by a purely Iraqi decision. It does not require the guardianship of anyone. The region boils down to the internal problems of all countries and therefore we advise everyone to take care of their internal affairs instead of interfering in Iraqi affairs."
However, "young people who are fighting on the fronts, and young people who fill the halls of universities and active political youth are the great tool to build the nation and its reconstruction and prosperity and change its paths towards the better."
"Our battle with corruption is no less sacred than our fight against terrorism, but corruption is more dangerous than terrorism because it is an internal enemy, and it is a disgrace in the body of the state and the conscience of the people," he said.
"The next year in Iraq there are a lot of events and variables and we need tough decisions and bold and decisive and we have to be on the responsibility entrusted to us to lead this country to the beach of safety," he said, adding that " Axis in the region [Iran, Saudi Arabia, Turkey, Egypt and Iraq] has become an urgent need to rearrange things and stop bleeding. "
*************
ARTICLE 3
Al-Sadr stresses the importance of the military and police exclusively for security after defeating a supporter
2017/5/3 12:17
Ayna-Baghdad]
Sadr's leader, Moqtada al-Sadr, stressed that the Iraqi army and ethnic police should take control only after defeating terrorist gangs.
Sadr's leader, Moqtada al-Sadr, stressed that the Iraqi army and ethnic police should take control only after defeating terrorist gangs.
"I received a copy of it from his home in Najaf, Iraqi defense and interior ministers Irfan al-Hayali and Mr. Qassem al-Araji on Wednesday and welcomed them and gave some guidance that is in the interests of the security forces and increase its effectiveness and close gaps that weaken Of its power. "
"The need to support the Iraqi army, Iraqi police and the rest of the security forces through proper training," Sadr said, stressing the importance of supporting the intelligence effort and developing the military and security infrastructure in order to protect the security of the country from external and internal threats.
For their part, the two ministers expressed their thanks and appreciation for the national positions of Sadr and his continued and clear support to the Iraqi security forces to take their national role in the protection of Iraq land and people, stressing that his support to the security forces gives it a high moral momentum.
"The need to support the Iraqi army, Iraqi police and the rest of the security forces through proper training," Sadr said, stressing the importance of supporting the intelligence effort and developing the military and security infrastructure in order to protect the security of the country from external and internal threats.
For their part, the two ministers expressed their thanks and appreciation for the national positions of Sadr and his continued and clear support to the Iraqi security forces to take their national role in the protection of Iraq land and people, stressing that his support to the security forces gives it a high moral momentum.
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ARTICLE 4
Nineveh Operations: Start of incursions into the north-right coast
2017/5/4 9:25
[Baghdad]
Ninewa Operations Command confirmed the start of incursions into the north of the right coast on Sunday morning.
Ninewa Operations Command confirmed the start of incursions into the north of the right coast on Sunday morning.
The commander of operations, Lieutenant General Abdul-Amir Rasheed Yarallah, said in a statement today, "On the blessing of God at six o'clock in the morning began the army divisions of the 9th Division Armored Brigade and the seventy-third Brigade of the fifteenth division and the federal police forces of rapid reaction troops storming the north of the right coast of the areas of Mushrifh and the Church And the pyramids. "
"Now your sons are fighting the battles of the enemy and destroying their capabilities, and they are happy to be victorious or martyrdom in order to liberate the rest of Mosul from the clutches of terrorists."
"Now your sons are fighting the battles of the enemy and destroying their capabilities, and they are happy to be victorious or martyrdom in order to liberate the rest of Mosul from the clutches of terrorists."
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ARTICLE 5
Opened a new military front against Dahesh west of Mosul
2017/5/3 20:00
[Ayna - Baghdad]
On Wednesday, security forces opened a new military front west of Mosul, the capital of Nineveh province.
On Wednesday, security forces opened a new military front west of Mosul, the capital of Nineveh province.
"Security forces opened a new military front on the western side of the city of Mosul from the Musheirfa area north of the city of Mosul," a security source told All Iraq.
"Terrorist gangs will receive direct strikes from a new front, which will speed up the process of liberation," he said. A number of field commanders confirmed that the liberation of Mosul's right side would be announced within three weeks at the latest.
"Terrorist gangs will receive direct strikes from a new front, which will speed up the process of liberation," he said. A number of field commanders confirmed that the liberation of Mosul's right side would be announced within three weeks at the latest.
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ARTICLE 6
Agreement with the University of Northampton on training programs and acceptance of the first in the doctoral study
BAGHDAD, April 4 (UPI) - The Ministry of Higher Education and Scientific Research announced on Thursday the agreement with the University of Northampton to accept the first students in the doctoral study and understanding on technological training programs.
This came during a meeting with the Minister of Higher Education Abdul Razzaq Al-Issa, President of Northampton University Professor Nicholas Petford, and his delegation, appreciating the level of cooperation shown by British universities with their Iraqi counterparts, describing the agreement to "the final acceptance of the first Iraqi undergraduate students to study the PhD directly and agree to accept ten Students at Northampton College of Nursing to take the advanced and important step in scientific cooperation. "
The two sides discussed the mechanisms of understanding on a comprehensive training program for teachers in modern teaching methods through the use of technology and the conclusion of a training program in supervising doctoral students and the development of the MBA program for all scientific and humanitarian disciplines and launching the project of excellence granted to the University of Babylon in the opening of the Faculty of Information Technology A boost early September this year.
For his part, Northampton University President Nicholas Pittford described the meeting of the Minister of Higher Education and the Ministry's leadership and his visit to a number of universities in Baghdad as fruitful, stressing that the impact will continue for ten years. AH
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ARTICLE 7
An invaluable manuscript manuscript of the Torah was purchased by the accuser in exchange for [a set of furniture]
2017/5/3 13:27
[Ayna-Baghdad]
BAGHDAD (Reuters) - The Central Investigation Court in Baghdad has confessed confessions to an archaeologist, asserting that in 1991 she obtained an invaluable Torah manuscript for a "furniture set".
BAGHDAD (Reuters) - The Central Investigation Court in Baghdad has confessed confessions to an archaeologist, asserting that in 1991 she obtained an invaluable Torah manuscript for a "furniture set".
"The accused was arrested in Baghdad this week," she said. "A store selling [anthrax] was running with my husband on Al-Saadoun Street. It bears the name [Days of Time], but we closed it. Because of the economic situation in 1994. "
She added that "two men came to the store in 1991, along with a manuscript claiming that they obtained from the province of Basra and offered to sell."
"We told the sellers that there was no money, and we offered to replace it with anything in the store," she said. "The length of the manuscript is seven meters and is divided into 13 parts."
"The sellers were selected on a silver-plated furniture set that we had offered for $ 6,000 on time but no one bought it," the defendant said.
She pointed out that "doubts over the past period that the manuscript is old, and we recently wanted to know the truth."
The defendant said that "a contact I had with a friend who asked her to show me the value of the value of the manuscript, and after the agreement with one of the residents raided by a security force and were arrested."
For its part, investigative sources said that "preliminary indications indicate that the seized manuscript held by the accused is priceless, and that it represents the Old Testament of the Bible written in Hebrew Assyrian script, and it is a collection of Jewish immigrants from Iraq in the middle of the last century."
"The security force that arrested the defendant under a warrant issued by the competent judge also found in her possession ancient antique coins, some of them silver and the other bronze," she said.
The sources said that "the Central Court of Investigation has confirmed the statements of the accused for the crime of possession of antiquities and non-delivery to the state."
She added that "two men came to the store in 1991, along with a manuscript claiming that they obtained from the province of Basra and offered to sell."
"We told the sellers that there was no money, and we offered to replace it with anything in the store," she said. "The length of the manuscript is seven meters and is divided into 13 parts."
"The sellers were selected on a silver-plated furniture set that we had offered for $ 6,000 on time but no one bought it," the defendant said.
She pointed out that "doubts over the past period that the manuscript is old, and we recently wanted to know the truth."
The defendant said that "a contact I had with a friend who asked her to show me the value of the value of the manuscript, and after the agreement with one of the residents raided by a security force and were arrested."
For its part, investigative sources said that "preliminary indications indicate that the seized manuscript held by the accused is priceless, and that it represents the Old Testament of the Bible written in Hebrew Assyrian script, and it is a collection of Jewish immigrants from Iraq in the middle of the last century."
"The security force that arrested the defendant under a warrant issued by the competent judge also found in her possession ancient antique coins, some of them silver and the other bronze," she said.
The sources said that "the Central Court of Investigation has confirmed the statements of the accused for the crime of possession of antiquities and non-delivery to the state."
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