Tuesday, May 16, 2017

Word on the Street Tuesday 5/16/17

Word on the Street Tuesday 5/16/17



TNT Update Tuesday May 16th, 2017

Iraqi TV was reporting "final victory in Mosul in a couple of days" on Monday evening. 

The Najar district is being stormed today. The territory map is currently showing all green with the exception of the old Mosul city district. This is the area of the mosque location that PM Abadi will plant the flag. This mosque is the former Isis stronghold headquarters site.

Isis control is contained in a 12 km square area.  Total victory is expected soon.... very soon. smile
Consumer goods and service continue to gradually decrease, the citizens are realizing a slight increase in purchasing power with promises of further increases in the coming days. (Now, what does that mean to you/us?)

 Zimbabwe: Gold Reserves to Anchor Local Currency

 link
hoto: Agnico-Eagle - Agnico-Eagle Mines Limited/Wikipedia
Gold(file photo).
By Walter Nyamukondiwa
Chinhoyi — Government is working on a plan to establish a gold reserve set to anchor the introduction of a local currency when the right time comes for the return to the Zimdollar, it has been learnt.
This comes at a time when the country is grappling with cash shortages and economists believe the issuance of a gold backed local currency would help stimulate economic activity.
Modelled around the $200 million Afreximbank facility, which is backing the current bond notes in circulation, economists believe the local currency will ease liquidity challenges and stimulate aggregate demand.
 
Plans to create a gold reserve involve investing in the efficient operations of Government's gold mining firms, including Sabi, Elvington and Jena gold mines.
Sabi Gold Mine resumed operations recently with targets to produce about 25kg of gold per month after a five-year hiatus caused by working capital constraints.
Mines and Mining Development Minister Walter Chidhakwa said the gold reserve would complement the Sovereign Wealth Fund, where a set of minerals would be reserved for future generations.
The legal processes that will give effect to the fund are still before Parliament.
"Naturally, in order to support the future introduction of our own currency, you want to have mineral resources that you hold in reserve," said Cde 
"We have discussed this matter with the Reserve Bank of Zimbabwe and what we are doing now, because most of the gold that is currently held is in private hands, we need to get our own companies operating."
Government has full or part control of Sabi, Jena and Elvington gold mines, which have not been operating in recent years due to lack of capital.
 
 
Effort has been expended to resuscitate the companies, which are at varying levels of fruition.
Once all the companies owned by Government start operating, Minister Chidhakwa said they would be required to set aside part of their gold output to be kept as reserve by the RBZ.
He said Jena Gold Mine would soon take delivery of mining equipment to bolster its resuscitation, while other options were being looked at to bring on stream Elvington Mine in Chegutu.
This follows delivery of $7 million worth of equipment to the Zvishavane based Sabi Gold Mine.
 
Confederations of Zimbabwe Industries president Mr Busisa Moyo said a gold backed currency was a sound economic intervention.
"If it is along the lines of the Afreximbank facility, then it will give a lot of credibility to the currency because there is depressed demand for goods and products as people have no cash," said Mr Moyo.
Demand, he said, should be at its highest owing to activities at the tobacco auction floors, but shortage of cash had dampened economic activity.
There are reports that some foreigners are taking advantage of liquidity constraints to bring in money and buy gold.
Some gold miners, including informal ones have in recent days been reported to be channelling their gold to the parallel market.

Minister Chidhakwa said contingent measures were being put in place to ensure that miners got their money as soon as they delivered to Fidelity Printers and Refiners
IMF Staff Completes 2017 Article IV Visit to Zimbabwe

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IMF Staff Completes 2017 Article IV Visit to Zimbabwe

May 15, 2017
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision.
  • The economy is facing difficulties as a severe drought and slow reform momentum have led to high expenditure levels since late 2015, despite subdued revenues.
  • Spending pressures stem from high employment costs, government transfers to support specific economic sectors, and elevated discretionary expenditure.
  • The team recommends taking action to unleash the potential of the private sector and ensure that growth benefits the most vulnerable segments of the population.
An International Monetary Fund (IMF) team led by Ana Lucía Coronel visited Zimbabwe from May 2 to 13, 2017, to hold discussions with the national authorities, private sector representatives, and civil society in the context of the 2017 Article IV Consultations. The discussions covered recent economic developments, the outlook and risks, as well as policies that could restore economic stability.
At the conclusion of the visit, Ms. Coronel issued the following statement:
“The economy is facing difficulties. A severe drought and slow reform momentum have led to high expenditure levels since late 2015, despite subdued revenues. With a difficult external environment limiting access to foreign inflows, the ensuing large fiscal imbalances are being financed by domestic borrowing. The expansionary fiscal stance and curtailed net capital flows have resulted in cash shortages, hampering economic activities.
“The recovery in agriculture and mining will drive growth this year. However, maintaining the growth momentum will require action to expedite the authorities’ plans to reduce the deficit to a sustainable level. Excessive government spending, if continued, could exacerbate the cash scarcity, further jeopardize the health of the external and financial sectors, and, ultimately, fuel inflation.
“Spending pressures stem from high employment costs, government transfers to support specific economic sectors, and elevated discretionary expenditure. Action on these three fronts, while safeguarding social outlays, is therefore crucial. Reducing the wage bill could involve reviewing allowances and benefits and evaluating the size of the civil service with a view to eliminating non-essential posts. Government interventions to support agriculture, while understandable, could be redesigned with the aim of maximizing the benefits on production while minimizing the risks to the public-sector balance sheet. Reinforcing the government’s efforts to curtail non-priority spending is also pressing.
“Restoration of confidence is essential for attracting the necessary dollar inflows to the economy. Refraining from central bank financing of the deficit and containing the issuance of debt and quasi-currency instruments is vital. Furthermore, the financial sector should restore its role of intermediating resources in the economy by channeling deposits to productive credit rather than financing fiscal operations.
“The team recommends taking action to unleash the potential of the private sector and ensure that growth benefits the most vulnerable segments of the population. Building on the progress already achieved, the government is encouraged to demonstrate that Zimbabwe is open for business. This will include enhancing efforts to tackle corruption, encouraging private sector investment, allowing the market to determine prices, promoting labor flexibility, and creating a stable legal and regulatory framework to reduce policy uncertainty. Moreover, there is room for enhancing domestic revenue mobilization, boosting transparency in the mining sector, and improving governance in public enterprises to strengthen the country’s fiscal position.
“The team stands ready to continue to work with the Zimbabwean authorities to address their policy challenges. The Executive Board of the IMF is expected to consider the staff report for Zimbabwe’s 2017 Article IV Consultations in early July. The team wishes to thank the authorities for their hospitality and constructive cooperation.”


Word on the Street Tuesday 5/16/17:
TNT CONFERENCE CALL MONDAY 5/15/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is marvelous Monday. Intel wise. We don't have any new intel that we can share with you that we did not already share through the weekend updates. We have heard announced on TV, it is time to finish up all this Mosul info and get it out of the way. They had some surprise attacks over the weekend in the old Mosul city, and it was reported that the final hours are among us. They were taking the fight from house to house going in the front door of one and out the back door of another getting it done. Now we are getting play by play reports. Weekend information said 11 districts remained, so we have gone from 7% down to 11 districts. 9 of those were partially claimed. That left 2 that would be still under ISIS control. The other 9, they were cleaning them up. We have ATM's that are in the areas including the Mosul region, and citizen protests have been cancelled for this week. Noone is planning on any fighting or kicking up any dust, nothing. We are being informed that citizens are happy having a positive outlook, and they are ready for something good to happen. We did get another update earlier this morning that one more district had been claimed. Now they are down to 10 with 9 being partially and one full district with ISIS. Abadi was reported saying on TV after 13 years Iraq has now opened their doors to the international world, and we are looking at the final hours of the liberation of Mosul. That was weekend activity, and like I said this morning, 1 more district. it is all part of those final hours I guess. Who knows how many hours it will take to be the final hours. Of course there is expectation that the final hours would come some time today or this evening. That remains to be seen. US banks are on high expectancy for exchanges. Around the first part of this week Monday Tuesday and Wednesday on the outer most time frame with it being expected that the general public will go around the first week of June. Of course you know, we are not the general public. We are the advanced public. We are right on the top of this thing when it pops. Lets see what else I can share. Lets go into the Q and A: Q: Based on you latest intel, on a scale from one to 10, will you and your family be celebrating your Birthday in Jamaica? Ray: Well if the banks get their way Yes! Q: Have your heard how the NSA virus could affect the RV? Ray: No I have not heard anything except some are scared of it. Q: With 10 more districts to go we are waiting on Iraq to be completely liberated Correct? Ray: Yes we are waiting on the complete liberation, since then certain things would take place.Q: Could this be a lengthy time frame? Ray: No, since they are showing they are aggressively trying to take care of it. Q: Do you know if the prices are still falling in Iraq? Ray: We have not heard of any price drops in almost a week, so I don't know if it has stabilzed and will inquire about that. Q: As far as the Dong, is it expected to increase in value? Ray: We have no indications that it is expected to increase the value, but it along with some of the others could possibly be released under its true original value with a time released step up to its real true value. It could be increase in incremental steps. Callers: 865: Catnip: I really like the announcement in terms of this call. I was hoping you would specifically come through and answer your own question of how many hours are still left in this process. Hearing what your said, I am gathering it is up to 36 hours. Is it a safe kind of answer to your question? Ray: I don't know. I guess it depends on how long it takes to knock out these districts. I was taking it when you were saying final hours sometime today or evening into tomorrow and 24 hours for tomorrow and 11 hours for today is 35 hours. Ray: Well that would be our thought. Those were his statements as the final hours. Ray: I don't know what number he started from. If it were me I am talking one, two, or three hours this is it the final hours, but he said that yesterday. We know it is not 2-3 final hours because here we are still waiting. Catnip: So in your perspective, we are still in a any minute any hour scenario? Ray: Yes. Catnip: In your closing comment you said you would check what you could share and there was a slight hesitation, but then you went onto the written questions. Any chance you may share that in your closing comments? Ray: No not on this call not today. Caller: 816: Is it possible of these people that are in control are listening as well. Ray: Of course, we have shared that before. We shared with you in the past that we knew at least 6-7 countries were listening on the call not to mention to the different agencies here in the US. I don't think we have ever had a GCR based on the value of each country and that is supposedly what we are in the midst of. We hear Iraq is going to be the richest value in the world based on their resources. Ray's Wrap up: I am still looking for this RV to happen this week. Our banking community is saying Monday, Tuesday. They are looking to work with some people and for the rest first week of June. We will see how that unfolds. You have already heard the advances that Iraq has made just with what they are putting out for their people. Protests have been cancelled. That is a big thing. Why? Someone is happy about something. The public information about Mosul is saying it is coming down now to 9 or 10 districts where before it was the western cities. You are getting play by play activity. It is showing you signs of progress publicly, but the private sides you can't see. Some of you if you can't see it, you don't believe it. Your faith levels are not there. This public info should have you in a place where you are not relying much on faith now because you can see the writing on the wall. Lower denoms are loaded as we have been told before, and the ATMs awaiting release time. You saw the articles on master cards and emphasizing on the citizens have cards with funding on them. If you have money on a card what would you need all those ATM's for? They are moving over to electronic format like over here. Most of us use our credit and debit cards now, so why use ATM's machines all over Iraq? I already told you that they are loaded with lower denoms, and it would make sense at the proper time when people want lower denoms just to go to an ATM machine if that is what they need. It is all coming together. You just wait for the next set of announcements and things posted on TV, and we will bring it to you. All of that would prove positive that it is coming together. Lets see what happens and what unfolds today. I am still excited about today for more info. Anything could happen anytime so lets just be ready. When something happens that I can let you know about, I will throw it out there. In the meantime and in between time, I don't know about you, but I am just going to keep Believing because, it is already done! Rayren 98
Forex Rates:

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,138.9000  1,193.1000 1,139.6000 1,138.9000 1,139.6000  -0.7000 07:19
 USD/VND  22,303.0000  23,026.0000 22,303.0000 22,296.0000 22,296.0000  7.0000 07:19
 USD/CNY  6.8886  6.8898 6.9004 6.8764 6.8943  -0.0057 07:20
 USD/KWD  0.3034  0.3054 0.3043 0.3034 0.3043  -0.0009 05:00
 GBP/USD  1.2890  1.2891 1.2949 1.2868 1.2900  -0.0010 07:20
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,294.0000  13,308.0000 13,306.0000 13,281.0000 13,284.0000  10.0000 07:20
DC NY Iraq Articles:


The Baghdad government appreciates the role of tribal sheikhs in promoting national reconciliation, bloodshed and resolving tribal problems
15-05-2017  The head of the Baghdad Provincial Council Riyad al-Adadh, the great efforts made by the sheikhs of Iraqi tribes, the original and old in the province of Baghdad on the level of promoting national reconciliation and bloodshed and resolving the tribal problems in a way to save the local government of Baghdad, especially the capital in general and its uniqueness and distinct from the rest of the Iraqi provinces.

Al-Adadh expressed his thanks and appreciation to tribal leaders for their sense of responsibility and for the great role played by the local government in Baghdad.

He continued, 'as well as the removal of tribal conflicts from the map of the capital and the solution of all tribal problems in peaceful ways based on tribal tradition makes Baghdad province unique situation compared to other provinces and is witnessing tribal conflicts from time to time also.'

Al-Adadh stressed the keenness of the local government of Baghdad to maintain communication and joint meetings with tribal sheikhs and open channels of mutual communication in a way that enhances the reality of the capital and its citizens alike and maintains the stability and security of the Baghdadi street.

For their part, praised the tribal elders, 'interest of the President of the Council of the province,' asserting 'their support for the local government of Baghdad and support them in a manner that provides the necessary atmosphere for the continuity of its work and serve the citizens.

Trade announces the completion of the printing of more than one million ration cards for families in the Rusafa side

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15/05/2017
(Independent) ... The Department of Planning and Follow-up in the Ministry of Commerce announced the completion of the printing of more than one million ration cards for families in the Rusafa side, noting that the distribution of these cards to the citizens will be the completion of each province.
"The technical staff of the planning and follow-up department completed one million and 50 thousand and 444 ration cards," said the director general of the department, Abtahal Hashem, in a statement received by "independent" today that "the department continues to work on entering the data, announcing the completion of printing cards catering to the Rusafa side of Baghdad And directly next to Karkh and then provinces respectively. "
Deputy calls Abadi to form a crisis cell to address the shortage of ration card
Trade: Clear to cancel or ration the ration card at present
She added that "the distribution of these cards to the citizens will be the completion of each province and the amount of 1000 dinars per card," indicating that "the card printed in government presses and high specifications are difficult to manipulate and 2017 2018." (End)

NIGIRFAN Barzani: The wrong policies of Baghdad is the greatest threat to the unity of Iraq
Ruudau - Erbil 15-05-2017

The President of the Kurdistan Regional Government, Nechirvan Barzani, that there are parties in Baghdad to provide assistance to the Kurdistan Workers Party and do not respect the principle of good neighborliness with Turkey, pointing out that the wrong policies of the federal government is a threat to the unity of the country. 

"What did Baghdad do to keep Iraq united, what did it do to the Kurds, or to the Kurds, what I did to the Sunnis," Najirvan Barzani asked in a television interview with Al-Hadath television. "The wrong policy is the biggest threat to the unity of Iraq."

He added that "the wrong policy pursued in Baghdad and this misconception that runs the government is the greatest threat to the unity of Iraq, certainly if these things are not taken seriously and put solutions to them Yes, I imagine that Iraq is in danger."

In a related context, said the President of the Kurdistan Regional Government that "the issue of the existence of PKK (PKK) in Sinjar aim to create instability in the region in general and unfortunately and to date there are parties in Baghdad to help PKK."

"I think it is a very wrong policy that does not take good neighborly relations with Turkey. It is not in Iraq's interest to act in this way. We have to agree on the principle that PKK's presence means instability in the Sinjar region," he said. .

Officially approved the opening of the Institute of Oil in Dhi Qar

The first deputy governor of Dhi Qar Adel al-Dakhili announced on Monday the approval of the Ministry of Oil officially on the opening of the Institute of Oil in Dhi Qar and start at the beginning of next academic year.
The Dakhili said in a press statement to the twilight news that "the province of Dhi Qar obtained official approvals and the approval of the Ministry of Oil on the opening of the first institute of oil in the province after promises made by the ministry earlier," stressing that "the Institute will occupy one of the buildings belonging to the University of Dhi Qar or Vocational Training Center in the Governorate ".
Al-Dakhili said that "the next academic year will witness the acceptance of students after the formation of teaching and administrative staff of the specialists and higher certificates in cooperation with the oil departments in the province and the University of Dhi Qar."
He pointed out that "the opening step of an oil institute will be a new science to embrace the students of the people of the province after a long suffering in the movement between the provinces, in addition to the creation of opportunities for the preparation of middle cadres and the supply of oil enterprises with young energies."
 He praised the deputy governor of Dhi Qar, "the great cooperation shown by the Ministry of Oil with the local government and the completion of many strategic projects after the opening of the oil company Dhi Qar and near the end of the file of an oil refinery in Nasiriyah."

Foreign Ministry celebrates the appointment of Ambassador Mohamed Ali Al-Hakim as the Ambassador of the ESCWA Organization

15-05-2017 On Monday, the Foreign Ministry organized a ceremony marking the appointment of Iraq's ambassador to the United Nations, Ambassador Mohamed Ali Al-Hakim as Deputy Secretary-General of the United Nations and Executive Director of the Economic and Social Commission for Western Asia (ESCWA).

The ceremony will be attended by Foreign Minister Ibrahim al-Jaafari and a number of officials.

UN Secretary-General Antonio Guterres appointed on 14 April the Permanent Representative of Iraq to the United Nations Mohammed al-Hakim as Executive Secretary of the United Nations Economic and Social Commission for Western Asia [ESCWA].
"He is deeply aware of the government landscape in the region and has a strong network of connections across the region," Guterres said in a statement.

Hakim is succeeded by Rima Khalaf, who resigned recently after being asked to withdraw the commission's report, which concluded that Israel was a "racist" state that had created a system of apartheid.

He previously served as Permanent Representative and Ambassador of Iraq to the United Nations in Geneva [2010-2013] and Ambassador and Director of Arab, European and International Organizations and Policy Planning at the Iraqi Foreign Ministry in Baghdad between 2006 and 2010 and the Iraqi Minister of Communications between 2004 and 2005.

He was previously a member of the Iraqi National Committee on Foreign Relations between 2005 and 2006 and a senior social and economic adviser to the Iraqi vice president between 2004 and 2010

Kauaihn Iraq Articles:  

Barzani is pleased to meet with President Trump's top advisor in Washington

Will meet today with US national and internal security advisers as well
15/05/2017 - 11:27
A senior delegation from the Kurdistan region, led by the council's security adviser, Massur Barzani, arrived in the US capital Washington on Sunday to meet with senior officials of the administration of President Donald Trump.
The delegation includes the President of the Office of the Presidency of the Kurdistan Region Fouad Hussein, the representative of the provincial government in the United States statement Sami Abdul Rahman, and will meet with officials in the White House and the Ministries of Foreign Affairs and Defense and the National Security Council.
Barzani and his accompanying delegation met Monday with US President George W. Bush's chief advisor Gerd Kouchner, National Security Adviser Herbert McMaster and US Homeland Security Adviser Tom Bosert.

Iraq is the "worst" in the world in the care of children's rights


It is expected that the file of the referendum on independence, and the future of relations between Kurdistan and Baghdad. The war on terrorism and the risks of the post-roll back and the US support for the Peshmerga forces of the most prominent files that will be discussed between the Kurdish delegation and US officials. Baghdad / Al-Ghad Press:
A global indicator of the rights of the child, Iraq, Yemen and Mauritania as the worst countries in the care of children's rights. While Tunisia and Egypt ranked first and second in the Arab world, Norway, Portugal and Spain ranked first.
The index is produced by the Child Rights Foundation in cooperation with Erasmus University Rotterdam, the Erasmus School of Economics and the International Institute for Social Studies, and includes a classification of all United Nations Member States that have ratified the United Nations Convention on the Rights of the Child, for which sufficient data are available to some 163 States.
In addition, the indicator measures the rights of the child in each country according to the following domains, the right to life, health care, the right to education, the right to protection, and the enabling environment for the protection of his rights.
The index promised Tunisia the best Arab country in the rights of the child, which came in tenth place in the world, followed by Egypt, then Oman and Lebanon, while the index considered Iraq, Yemen and Mauritania the worst in the care of children's rights.
Norway, Portugal, Iceland, Spain, Switzerland, Slovakia, Ireland, France, Finland and Tunisia were among the top 10 countries in the Children's Rights Index, respectively

Iraq's oil production rises 36% in 2017

Iraqi oil production develops 50% between 2014 and 2016 - Reuters
Iraq's oil production rose 36 percent this year compared with its production in 2014, the spokesman for the Iraqi Prime Minister's Office said.
Saad al-Hadithi, according to the agency, that the quantities of oil produced by Iraq in 2015 rose by about 20%, compared with production of 3.11 million barrels in 2014.
With regard to the production of gas associated with oil, Al-Hadithi said that its production has developed by 50% between 2014 and 2016, pointing out that about 2800 million cubic feet per day were wasted during the period, according to the agency.
He said al-Hadithi: The Iraqi government is moving to complete the pipeline project for the export of crude oil through the Jordanian port of Aqaba overlooking the Red Sea, which will extend to 1490 km, according to the agency.
He pointed out, according to "Qena", that Iraq has exported since March 2016 more than 2.3 million barrels of condensate, and more than 40 thousand tons of liquefied natural gas, with revenues of $ 100 million.
During the first trimester of 2016, Iraq switched from a liquefied gas consumer to a country of origin, after exporting its first shipment in March last year, the agency said.
The Iraqi oil marketing company Sumo said at the end of last March, Iraq cut its oil production by 300,000 barrels per day; to 4.46 million barrels per day, in March .
The volume of Iraqi oil reserves rose on February 19, to 153 billion barrels.

The National Alliance stresses the need to end kidnappings and emphasizes decentralization

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15/05/2017
(Independent) ... The National Alliance on Monday stressed the need to put an end to systematic kidnappings by criminal gangs, while stressing decentralization.
The coalition said in a statement received by (independent) today that "the General Assembly of the National Alliance held yesterday, its regular meeting under the chairmanship of the President of the coalition Ammar al-Hakim and the presence of Prime Minister Haider Abadi," noting that "the Commission discussed the topics listed on its agenda beginning with a review of the victories achieved by Our heroic security forces in Mosul al-Hadba, as well as the security situation throughout the country and the systematic kidnappings by criminal gangs. "
The alliance stressed the need to put an end to the kidnappings and that the Iraqi citizen feels safe and stable. He stressed that "the decisions of the former National Alliance on accelerating the selection of new members of the Electoral Commission were based on competence and experience within the specified time frame."
He stressed "not to be dragged into the extension of the work of the current UNHCR outside the legal period specified for them."
In regard to the election, the Commission also reviewed the election law of the provincial councils and the House of Representatives, stressing the "need to speed up the agreement on a formula that respects the opinion of the Iraqi voter and vote on them in the House of Representatives."
He pointed out that "the General Assembly concluded its work by listening to a report of the work of the Ministry of Higher Education presented by Minister Abdul Razzaq Al-Issa." He added that "the importance of decentralization, and that the provincial councils continue to perform their duties within the legal standards and timelines available to them." (End)

The judiciary reveals the exposure of "public figures" to threats to reveal their secrets to get money

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15/05/2017
(Independent) ... The judiciary announced that the Iraqi courts are constantly receiving many cases of intimidation and extortion, indicating that most of the victims were girls whose personal photos were obtained by luring or hacking their accounts on social networking sites, and revealed the exposure of "public figures" threats to disclose their personal secrets On their electronic accounts or their communications equipment in order to obtain financial benefits.
"The cases of electronic blackmail are on the rise and have started to take rates that are not very few and their motives according to what is presented before the Iraqi judiciary, many of them have physical and emotional reasons," said the investigating judge Mohammed Salman in an interview on Monday. "The perpetrator is often able Of the electronic aspects, forcing the victim to pay money or make moral concessions for the failure to publish information or images obtained using the ability to penetrate websites and access to information accounts.
Salman pointed out that "everyone knows the possibility of penetrating social networking sites as well as smart phones and access to personal data such as pictures and video clips," noting that "some draw the victim to get those data through emotional relationships and then begin the blackmail."
He stressed that "the Iraqi Penal Code No. (111) for the year 1969 a penalty for defamation crimes, but called for" to tighten it took a wider scope through the exploitation of social networking sites, "noting that" the perpetrators according to the Iraqi judiciary are not only domestic, There are others of other nationalities and different countries. "
He pointed out that "some cases of blackmail affected public figures at various levels, by threatening to disclose their personal secrets on electronic accounts or their communications devices in order to obtain financial benefits," stressing that "the threat is a crime punishable by law, and that the actions taken against the offender regardless To look for the realization of what threatened his victim. "(End)

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Livemint
Recently, some major banks have reduced interest rates for new home loan customers. In fact, this year banks and housing finance companies have been passing on the rate cuts to borrowers. We asked the experts about how to benefit from this opportunity. Read the full story
9 top female executives share the best career advice their mothers gave them
CNBC
Develop good habits, communicate and don't be afraid of hard work. Read the full story
5 steps to digging out of business debt
USA TODAY
Too much debt can stifle cash flow and put your business at risk. Read the full story


OIL / COMMODITIES / ENERGY

Gold rises as weak US data dampens rate hike expectations
Gold rose on Monday as US political turmoil, a successful missile test by North Korea and a global cyber attack fuelled demand for bullion as a safe haven.

Gold price prediction: Metal set to sink lower as fears of euro break-up fall
Express
GOLD prices experienced a small bounce in recent days but values are set to head down over the longer term, as US interest rates rise and as political fears subside, according to expert forecasts. Investors turn to the precious metal in times of high uncertainty, because it's considered a safe haven for money. But Emmanuel Macron's decisive win in the French election has helped persuade markets the euro and single market is safe for now. Fears over Brexit and Donald Trump have also eased Read the full story

Global gold prices firm on weak US data, North Korea concerns
Livemint
Bengaluru: Gold prices inched up on Monday as weaker-than-expected economic data from the US and a missile test by North Korea over the weekend pressured the dollar. Read the full story


Gold firms, platinum surges on China’s renewed infrastructure pledge
MarketWatch
Gold gained Monday, trying for its fourth-straight winning session, and platinum and silver advanced sharply, finding traction after weekend comments from the Chinese leadership about a boost in infrastructure projects. Read the full story


Brent crude oil rises to $52 as Saudi Arabia, Russia back longer supply cut
Oil rose more than 2 percent on Monday after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018.


Oil price jump soothes cyber nerves
Reuters
Oil's strongest run of gains since December cushioned the hit to stock markets on Monday from a successful missile test by North Korea and a cyber attack that locked 200,000 computers in more than 150 countries. Read the full story




BANKS / BANKING
What's Up With All These $400 Annual Fee Credit Cards — & Should I Get One?Credit.com
A $1,500 signup bonus. Five times the points at your favorite hotel chain. Up to $200 in annual Uber credits … on top of a $200 annual credit for airline fees. VIP gifts delivered directly to your door. Chances are, at least one of these credit card offers (or an equally flashy one) has caught your eye in recent months. Elite credit cards — perk-laden plastic touting major travel rewards and super-swanky privileges — are getting a lot of press these days. But if you’ve paid attention to the fine Read the full story

Banks And FinTech Startups: At Odds No More?PYMNTS.com
Until very recently, the tenor of the relationship between financial services startups and mainstream banking was contentious at best and adversarial at worst. The primary narrative about the future of financial services contributed to a majority of that — the banks were the old way of doing things and up-starts with streamlined business models were threatening... Read the full story

Lending Club’s Turnaround Requires Faith and Patience
The Motley Fool
Lending Club’s earnings beat expectations but showed tepid growth. Is the turnaround on track or off the rails? Read the full story

NY Bank Regulator Calls Out OCC In LawsuitPYMNTS.com
The U.S. Office of the Comptroller of the Currency’s (OCC) plans to offer up charters allowing online lenders and FinTech companies to conduct business on a national level may be running into a wall. Just this past Friday, Reuters reported that New York state’s banking regulator took action against the U.S. OCC in a lawsuit... Read the full story

Bankers’ bonuses will have to wait
Courier Mail
BANK bosses will have to wait for up to four years before they can access their bonuses, under Treasurer Scott Morrison’s crackdown on bank’s ­excessive behaviour. Read the full story

LLOYDS BANK PMI: Business activity in April grew at its fastest rate across England in 2017 so far
EuropaWire
Business activity growth gains momentum for second month running Job creation revives as new orders surge Businesses raise prices charged at fastest rate in nearly nine years West Midlands is top-performing region, recording fastest growth in output and employment LONDON, 15-May-2017 — /EuropaWire/ — Business activity grew at its fastest rate across England in 2017 so far, with job creation also picking up speed, according to the latest Lloyds Bank Regional Purchasing Managers’ Index (PMI). Read the full story

JP Morgan appears to make good on Brexit threat with new Dublin office
the guardian
US bank buys landmark building capable of doubling its Ireland headcount to 1,000 staff US bank JP Morgan is buying a landmark office building in Dublin in a significant boost for the Irish capital following the Brexit vote. The new premises will be able to house 1,000 staff – double the number of personnel the US bank currently employs in Dublin. The move is regarded as the first major expansion in Ireland by a financial services firm since the UK’s referendum. Continue reading... Read the full story



TREASURIES/ BONDS/ STOCKS 


Stock market WARNING as Wall Street's 'fear index' plunges to lowest level in decades
Express
WALL Street's so-called 'fear index' has dropped to its lowest level in more than 20 years which could be a sign that stock market bubbles are about to burst, experts have warned. The VIX index measures market volatility and falls when there is calm and rises in line with turmoil. In recent days, the index fell below 10, to hit the lowest level since 1993 when the index moved to 9.17. By comparison, the fear gauge hit 80 during the financial crisis in 2008. Investors use the index to judge the Read the full story


The stock-market storm is coming—but the reason might surprise investors
MarketWatch
In contrast to the complete madness of the world outside, an eerie stillness continues to hang over the stock market. Not that investors are complaining. Read the full story


US Treasurys trade lower as oil prices spike
U.S. government debt prices fell on Monday after Saudi Arabia and Russia agreed on the need to freeze oil output.

Opening Bell: Oil Jumps; China Beats Trump On InfrastructureInvesting.com
Economy 2017-05-15 09:58:00 by Pinchas Cohen While investors continue to wait for any details, however scant, on President Donald Trump’s promised infrastructure spending plans, Chinese President Xi Jinping beat the US President to the punch and actually delivered the goods at his weekend summit, which opened yesterday and concludes today. Xi’s proposed ’One Belt, One Road’ infrastructure initiative aims to ’update’ China’s ancient Silk Road, the routes connecting the country with trade partners Read the full story


FTSE 100 hits new all-time high as oil jumps after Saudi Arabia and Russia extend supply cuts to March 2018
The Telegraph
Asian markets dismiss cyber attack threat as disruption appears limited FTSE 100 hits new record high Oil jumps as Saudi and Russia take lead and extend supply cuts to March 2018 Pound trades above $ 1.29 in early trade against US dollar Greece falls back in recession as economy shrinks in Q1 Read the full story


CURRENCIES

Forex - Dollar regains ground vs. yen after cyber-attack, N. Korea testInvesting.com
© Reuters. Dollar regains ground vs. yen after cyber attack, N. Korea test Read the full story

Pound to euro exchange rate: Sterling SOARING as UK’s economy shows stable growth
Daily Star
THE pound to euro exchange rate is climbing steadily after Lloyds Bank reports on the UK’s economic health. Holidaymakers heading to Europe this week will be relieved to hear the pound to euro exchange rate is on the up, despite predictions it would decline this week. As the markets opened today the exchange rate was €1.17817 to the pound. However, it has been steadily climbing this morning after Lloyds gave the UK a score of 57.1, which shows steady economic growth in the UK. The current Read the full story
Canadian, Aussie Dollars driven higher by oil boost
The Canadian dollar hit its highest level in two weeks and the Australian dollar was at a 10-day high.



The ruble is surging after Russia and Saudi Arabia back longer production cuts
Business Insider
The Russian ruble is soaring after Saudi Arabia and Russia said they support supply cuts lasting into 2018. The petrocurrency is up by 1.5% at 56.2607 per dollar as of 7:50 a.m. ET. Meanwhile, Brent crude oil, the international benchmark, is higher by 2.9% at $52.33 per barrel, and WTI crude oil is up by 3% at $49.27 per barrel. The ruble has historically tracked oil prices given the Russian economy's heavy reliance on the commodity. Energy ministers from Russia and Saudi Arabia said Monday that Read the full story


NZ dollar gains after stronger retail sales data
Scoop
May 15 (BusinessDesk) - The New Zealand dollar rose after figures showed a stronger-than-expected gain in first-quarter retail sales, led by vehicles, but is expected to remain in its recent range until this week's dairy auction Read the full story

Rupee strengthens against US dollar on Asian cues
Livemint
Mumbai: The Indian rupee on Tuesday strengthened against the US dollar, tracking the gains in Asian currencies markets. Read the full story


Dollar index edges lower, yen easesInvesting.com
Forex May 15, 2017 08:02 GMT Investing.com - The dollar edged lower Monday as the yen gave up gains after safe-haven buying. The dollar index was off 0.08% at 98.97 at 03:30 ET. The yen was off 0.20% at 113.61 after earlier gains on renewed concerns about North Korea’s nuclear program. Weak U.S. data Friday dampened the outlook for the pace of further U.S. tightening this year. Investing.com’s Fed Rate Monitor Tool shows the odds of a June hike at 70%. The pound was firm above $1.29, while the Read the full story

Forex - Yen gains in Asia after PPI, China data eyedInvesting.com
© Reuters. Yen gains in Asia Read the full story



USA

U.S. Falls in Global Index Measuring National Security and Economic Stability
FORTUNE
The United States was the 13th most worsened nation last year, according to The Fund for Peace in a study of 178 countries across the globe. The nonpartisan, nonprofit organization looks at 12 economic, social, and political indicators each year to create the Fragile States Index, giving nations a rating from “sustainable” to “alert” based on their risk of instability. MORE FROM FORTUNE.COM Netflix Is Getting Back in the 'Arrested Development' Business New China Trade Deal Is Big But Not as Big Read the full story




Opinion: Trump’s tax plan would boost growth, but only modestly
MarketWatch
President Donald Trump’s tax plan, with a few changes, would boost economic growth modestly, writes Peter Morici. Read the full story


Housing, manufacturing could lift economic growth
USA TODAY
Reports this week highlight housing starts, industrial production Read the full story




EMERGING MARKETS

iflix Chairman Talks Reaching 5M Video Streaming Subscribers in Emerging Markets
The Hollywood Reporter
Patrick Grove also discusses why he doesn't see Netflix as a true competitor, having Sky and Liberty Global as investors and the company's approach to censorship. Read the full story

US bonds are being badly beat this year, here's where savers are going for income
CNBC
Big stock market names are betting European and emerging market stocks offer better value than US equities. But they're not talking enough about bonds. Read the full story



MIDDLE EAST

Egypt to issue $1.5-2bn Eurobonds next week
Mubasher
Cairo - Mubasher: Egypt will issue international bonds worth between $1.5 billion and $2 billion within the upcoming week, the Egyptian minister of finance Amr El Garhy told Reuters on Monday. Last month, the Egyptian council of ministers approved … Read the full story


Banks, real estate stocks drag DFM down at open
Mubasher
Dubai – Mubasher: The main index of the Dubai Financial Market (DFM) declined at Sunday’s open by 0.41% or 14.27 points to the level of 3,406.04 points. By 11:20am UAE time, trading volume reached 38.5p million shares exchanged through 772 … Read the full story


Oil surges on output cut extension but analysts caution upside is capped
CNBC
Oil prices surged Monday following a joint commitment from Saudi Arabia and Russia to extend the existing oil production cut agreement until March 2018. Read the full story


Iranians See Little Hope Elections Will Alleviate Economic Strain
The New York Times
Few in Iran, where roughly 8 million are unemployed, are optimistic that Friday’s presidential election will help end a cycle of poverty and turn around a dysfunctional economy. Read the full story

Qatar Petroleum to sell 3 oil cargoes in July
Mubasher
Doha – Mubasher: Qatar Petroleum (QP) on Monday announced its intentions to sell Al-Shaheen crude oil through a joint venture (JV) with French oil company Total starting July 2017, Reuters reported, citing a document it obtained. The three cargoes … Read the full story






A
 


FRICA

South Africa reviewing five shale gas exploration applications – official
Engineering News
Recommendations for South Africa’s first shale gas exploration licences in the semi-arid Karoo basin will be finalised soon after environmental objections delayed the process, a senior government official said on Monday. Royal Dutch Shell, Falcon Oil and Gas and Bundu Gas & Oil are among five applications being reviewed by the regulator, acting chief executive of Petroleum Agency SA (PASA) Lindiwe Mekwe told Reuters. Read the full story

This Is What Happens When a Billionaire Family Takes Over a Country’s Politics
Foreign Policy Magazine
The Gupta family’s shadowy business empire is a symbol of all that’s wrong with South Africa. Read the full story

There’s one major pitfall for African countries along China’s new Silk Road
Quartz
China’s campaign to build a massive network of land and sea links connecting Asia, Europe, the Middle East, and Africa is expected to benefit the… Read the full story

Africa: Call for Continent to Manufacture ICT Devices
AllAfrica
(Photo: Timothy Kisambira/The New Times) Pretoria Manufacturing Information and Communication Technologies (ICT) devices and gadgets on the continent will help to bring down the costs of digitising Africa, says Telecommunications and Postal Services Minister Dr Siyabonga Cwele. Minister Cwele was speaking at the Smart Africa Alliance board meeting in Kigali, Rwanda, as part of his engagements at the Transform Africa Summit. "The Smart Africa Alliance will help African countries to digitise the Read the full story

Zimbabwe: Govt Moves to Curb Gold Smuggling
AllAfrica
Chinhoyi Government is introducing a raft of measures including making it mandatory for gold milling plants to install technologies such as computerised weighbridges to consolidate the sector's output and its contribution to the Gross Domestic Product. This comes as Government has also released $10,2 million to manufacturers of gold processing equipment to be installed at plants across the country where mining activities would be monitored. Speculation is rife that some gold miners are Read the full story


Zimbabwe: Is Zimbabwe a 'Fragile' State
AllAfrica
(Photo: Government of South Africa) Naïve opposition leaders have gone to town and back, bickering on the President's refutation to pronounce the country a fragile state. Some have said he is out of touch with reality, on the state of development in the country, this is because they do not know what a fragile economy is. Literally, fragility is something which is weak or uncertain, and unlikely to be able to resist strong pressure or attack. Certainly this doesn't describe Zimbabwe, an upcoming Read the full story








ASIA

China has designs to spread money and influence across the world — India isn't having it
India has indirectly criticized one of China's flagship policy programs as the two nations seek to assert their power in Asia.


Japan PM says 'very clear' North Korean threat 'now entering into a new stage'
CNBC
Japanese Prime Minister Shinzo Abe praised the Trump administration's tough stance on North Korea as he warned of growing threats from the rogue nation on Monday. Read the full story






Xi Ends China World Trade Summit With Plan to Return in 2019
Bloomberg
Xi Jinping attends a news conference at the end of the Belt and Road Forum for International Cooperation in Beijing on May 15. President Xi Jinping wrapped up the inaugural summit dedicated to his cornerstone diplomatic initiative for Chinese-style globalization with an invitation to world leaders attending the gathering to re-convene in 2019. Xi, who has heralded his Belt and Road Initiative as a "project of the century," said in a televised closing address in Beijing that his plan to link Read the full story


China data sparks concerns of a consumer-led slowdown in world's second-largest economy
CNBC
Stocks in China and Hong Kong closed higher on Monday as resurgent hopes for a public stimulus boost captured investors' attention more than did poor data. Read the full story


China's industrial production slows down
Business Insider UK
Chinese industrial output and urban fixed asset investment both undershot expectations in April, continuing the trend that has seen fears over the Chinese economy flare in recent weeks. According to China’s National Bureau of Statistics (NBS), industrial output rose by 6.5% from a year earlier, below the 7.6% increase seen in March and expectations for a smaller slowdown of 7.1%. Fixed asset investment also missed estimates, recording 8.9% growth (9.1% forecast). Retail sales remained steady at Read the full story


d

Blessed and Highly Favored:
CBI Update:
The CBI for Tuesday, May 16, 2017 did update on the indicative rates and the sell rate for the USD is 1184. The currency auction is 169,606,710. There are no updated news and announcements for Tuesday, May 16, 2017.
Rafidain Bank directs its branches to receive the form of the company contracted to grant car loans
16/05/2017
Independent) .. The face of Rafidain Bank branches that give car loans to citizens in Baghdad and the provinces received the form of the company that was contracted to equip citizens with cars with good specifications.
The bank's information office said in a statement received Tuesday that "the bank has set instructions to grant car loans to citizens, including specifications and the type of car contracted."
And that "all companies contracted under the same controls and instructions"
ISX Update:
The ISX latest update is Shares Traded is 1,203,054,324 and Values Traded is 1,096,318,806. The ISX ended in RED.
UN Operational Rates Update:
The UN Operational Rates were published on Thursday, May 11, 2017 and were 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....Wednesday, May 17, 2017)
Blogs:
Bluedog BRETT MCGURK IS NOT THERE TO DISCUSS WITH BARZANI RELATIONS BETWEEN BAGHDAD AND KURDISTAN HE HAS ALREADY FINISHED THAT LAST SEPTEMBER 2016...
...IMO...WHAT A DOG AND PONY SHOW FOR THE MEDIA...HE IS THERE FOR THE RIBBON CUTTING AND HE WILL NOT LEAVE IRAQ WITHOUT A MEETING OF THE SAME WITH ABADI AT THE USA EMBASSY IN BAGHDAD. ALL THE CARDS HAVE BEEN LAID OUT ON THE TABLE AND THE WB AND THE IMF SHUFFLED THIS LAST DECK OF CARDS...ABADI IS LOOKING NERVOUS TO GET THIS GAME OVER SO EVERYONE ELSE IN THE WORLD CAN FOLD...IRAQ HAS THE HIGHEST HAND ON THE TABLE...IMO .
Aggiedad77 "One neighborhood separates security forces from a complete victory in Mosul"
...awesome news...stacks on top of all else we are seeing and hearing.
Article: "Abadi's adviser urges Kurdistan to provide oil exports records"
Quote: "Mazhar Mohammed Saleh, economic adviser to Iraq’s Prime Minister Haider al-Abadi, said that Iraqi Kurdistan Region must provide an account statement issued by one of the global marketing firms that includes the amount of oil products in its oil fields and export records."
This is interesting to me...if Baghdad is a dire need for Erbil's oil export numbers...for the budget...that tells me...they must be close to "activating" the budget... to activate...they need something too besides oil numbers.
Delta ....FROM IRAQI TV: PM ABADI: INVESTMENT DOORS OPEN TO INTERNATIONAL COMPANIES...VIII...
"Open" - GCR/RV History - Tuesday - May 16, 2017
The first GCR/RV was scheduled to begin at 8:00am EDT Tuesday, September 11, 2001.
The reason: All markets and banks are considered "open for business" for the first time each week (considering all worldwide time zones).
This is why the international business week begins on Tuesday morning and ends Thursday evening, with the United States being the last time zone recognized and New Zealand the first (16 hours earlier).
Meaning, one can freely send money anywhere in the world on the international wire system as the global monetary system is considered "active" worldwide on these three days only: Tuesday, Wednesday, Thursday (EDT).
Perhaps the NPTB are just waiting for the natural start to the international business week to begin--so funds can freely move through the new financial system without any noticeable interruption or delay.
And maybe this currency version of the GCR/RV has already begun without our knowledge.
As business as usual would obviously be the safest way to release any GCR/RV regardless of day or time.
God is with us.
"Big Crunch Over" - ZAP Update - The Office of POOFness - 5.15.17
Zap Says
HI ALL,
WITH THE BIG CRUNCH OVER, WE HAVE ONE LITTLE CRUNCH. WE JUST NEED A BIT OF HELP FOR MARY AND THREE OTHERS FOR MEDICINE, FOOD AND SHELTER. NOT A BIG AMOUNT BUT THERE IS NOTHING TO HELP THEM WITH AT THE MOMENT.
OH BY THE WAY, I HAVE RECEIVED WORD THIS MORNING THAT BY WEDNESDAY SOME VERY SIGNIFICANT THINGS ARE DUE TO HAPPEN IN RESPECT OF THE GLOBAL RELEASES. IF ALL GOES WELL, THEN THE CURRENCY STUFF WILL MAKE IT MAINSTREAM AND BEGIN. ONCE THAT HAPPENS, THE HISTORIC ASSETS CAN BEGIN RIGHT AFTER.
BUT FIRST THINGS FIRST, WE HAVE TO KEEP STABILITY FOR THESE SOULS SOMEHOW. FUNDS FROM THE TRUST ARE IN PROGRESS, AND THAT IS (UNFORTUNATELY) ALL I CAN SAY AT THE MOMENT BUT THE NEXT COUPLE OF DAYS WILL BE INTERESTING. THERE IS NO DOUBT NOW THAT WE WILL BEGIN OUR PROCESS THIS WEEK, AND GET TO THE OTHER WORK.
MUCH THANKS AND GOD BLESS.
LOVE AND LIGHT
IN OUR SERVICE
ZAP
"Finished in Days" - Mon. PM TNT Thoughts/News

Rafidain Bank directs its branches to receive the form of the company contracted to grant car loans



16/05/2017


Independent) .. The face of Rafidain Bank branches that give car loans to citizens in Baghdad and the provinces received the form of the company that was contracted to equip citizens with cars with good specifications.

The bank's information office said in a statement received Tuesday that "the bank has set instructions to grant car loans to citizens, including specifications and the type of car contracted."
And that "all companies contracted under the same controls and instructions"
Kauaihn Chatter:

5-16-2017   Intel Guru RayRen98    Citizen protests have been cancelled for this week.  Citizens are happy, with a positive outlook and looking for something good to happen.  ...we have been told that the lower denominations are loaded in the ATMs, and citizens have cards that are funded... It’s coming together;  we’re just waiting for the next set of announcements from the television, etc... I’m excited by what today’s intel might bring... I’m still expecting the RV this week...   [post 2 of 2]
5-15-2017   Intel Guru RayRen98   Abadi announced on television that it’s time to finish up in Mosul.  We got another update this morning that one more district had been reclaimed, so it’s now nine partially and one full district with ISIL still there. Abadi said on television that after 13 years, Iraq is now opening their doors to the international world, and Mosul is hours away from complete liberation.  Who knows how many hours that will take, but of course there is expectation that those final hours will take place today.  There are ATMs in the area, including Mosul.   [post 1 of 2....stay tuned]

5-15-2017   Newshound Guru mike   Article:  "Iraqi Troops Retake Further Ground in Center of Mosul"   This was never going to be a quick and easy operation, the Iraqi's might have portrayed it that way but the terrain and close quarters fighting is difficult to overcome, even with aerial bombardment, mortars and artillery. We're down to the final stages now and it's going to be even more difficult, Jadida, Nabijarjis, Zanjili and Kalakji are going to be ISIL's last stand and that's about all that's left. I don't know that they'll have this knocked out by the beginning of Ramadan, there's a chance though.

5-15-2017   Newshound Guru Aggiedad77   Article:  "Abadi's adviser urges Kurdistan to provide oil exports records"   Quote:  "Mazhar Mohammed Saleh, economic adviser to Iraq’s Prime Minister Haider al-Abadi, said that Iraqi Kurdistan Region must provide an account statement issued by one of the global marketing firms that includes the amount of oil products in its oil fields and export records."   This is interesting to me...if Baghdad is a dire need for Erbil's oil export numbers...for the budget...that tells me...they must be close to "activating" the budget... to activate...they need something too besides oil numbers. 
5-15-2017   Newshound/Intel Guru BGG   Iraqi Day...(not a terrible news source)... tweeted this...   #ISIS CALIPHATE HAS ENDED. #Iraq forces storm 4 districts in #Mosul today & gains are incredible, only 2 districts left under ISIS control.  "gains are INCREDIBLE"...  Earlier today [Sunday] the Fox News Ticker said that Iraqi Spec Ops and U.S. backed-Commandos had breached the final line of defense and fortifications held by ISIS in Mosul.   They could actually have Mosul completely liberated by tomorrow [Monday] (if they make the same gains as today).  Not that I am saying that - or predicting it... I am just putting some context on things.  I care greatly about the actual fruition of our investment.

5-15-2017   Intel Guru Delta    ....FROM IRAQI TV: PM ABADI: INVESTMENT DOORS OPEN TO INTERNATIONAL COMPANIES...VIII...

5-15-2017   Newshound Guru Aggiedad77   "One neighborhood separates security forces from a complete victory in Mosul"   ...awesome news...stacks on top of all else we are seeing and hearing.

5-15-2017   Newshound/Intel Guru Bluedog   BRETT MCGURK IS NOT THERE TO DISCUSS WITH BARZANI RELATIONS BETWEEN BAGHDAD AND KURDISTAN HE HAS ALREADY FINISHED THAT LAST SEPTEMBER 2016...  ...IMO...WHAT A DOG AND PONY SHOW FOR THE MEDIA...HE IS THERE FOR THE RIBBON CUTTING AND HE WILL NOT LEAVE IRAQ WITHOUT A MEETING OF THE SAME WITH ABADI AT THE USA EMBASSY IN BAGHDAD.  ALL THE CARDS HAVE BEEN LAID OUT ON THE TABLE AND THE WB AND THE IMF SHUFFLED THIS LAST DECK OF CARDS...ABADI IS LOOKING NERVOUS TO GET THIS GAME OVER SO EVERYONE ELSE IN THE WORLD CAN FOLD...IRAQ HAS THE HIGHEST HAND ON THE TABLE...IMO .
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1-A (from PM Abadi's website, posted on both the Arabic and English sides)

Prime Minister Dr. Haidar Al-Abadi receives German government envoy for economic affairs, budget and reforms

Prime Minister Dr. Haider Al-Abbadi received in his office Monday the German government's envoy for economic affairs, budget and reforms, Eckhard Brouza and his accompanying delegation.
During the meeting, they discussed enhancing the bilateral relations between the two countries in the economic, trade, agricultural and industrial fields and restoring stability to the liberated areas.
Dr. Abbadi stressed that the goal of the Iraqi government, the foundation after liberation, which is very soon is to provide basic services to the people of the liberated areas, including in particular electricity, water, health and education.
He pointed out the importance of benefiting from German expertise in the fields of developing the agricultural sector, industrial and private sector.
Mr. Barouza stressed the importance of joint work between the two countries in order to strengthen the process of stability and reconstruction in the liberated areas.

Prime Minister's Media Office
May 15, 2017

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

Prime Minister Dr. Haider Al-Abadi heads a meeting of the ministerial energy committee

Prime Minister Dr. Haider al-Abadi on Monday chaired a meeting of the Ministerial Energy Committee in the presence of a number of advisers and general managers in the ministries of electricity, oil and finance.
During the meeting, a number of decisions and measures have been taken to contribute to increasing the electricity supply of citizens, in addition to continuing the transfer of service and collection contracts to the energy sector through setting up smart meters to equip citizens with electricity for 24 hours.
The meeting touched on the stages of the maintenance plans of the production plants and the processing of the Ministry of Oil for fuel stations in addition to a number of topics on the agenda.

Prime Minister's Media Office
May 15, 2017

*************
ARTICLE 2

Al-Jabouri: Hakim's choice of ESCWA as a signal to restore Iraq to its international role

Date of release: • 2017/5/168:33 • 144 times read

[Ayna-Baghdad] 
The Speaker of the House of Representatives Salim Al-Jabouri received at his office on Monday evening Mohammed Ali Al-Hakim, Deputy Secretary-General of the United Nations and Executive Director of the United Nations Economic and Social Commission for Western Asia.
He congratulated al-Jabouri on his acceptance of the position of Deputy Secretary-General of the United Nations for the first time in the history of Iraq. 
"Iraq is beginning to recover gradually, and the next phase requires the concerted efforts of all to restore it to its real role in the region," Jubouri said. 
Jabouri and Hakim discussed "the political and security situation in Iraq and the region, the liberation of Mosul, the situation of the displaced and international support for Iraq." 
For his part, the Deputy Secretary-General of the United Nations, the role of Speaker of the House of Representatives and his contribution to the legislation of many laws that reflect positively on the lives of citizens.

*************
ARTICLE 3

A delegation from the Shiite Waqf office visits the Babylonian movement to confirm peaceful coexistence

2017/5/15 20:48

[Ayna - Baghdad] 
A delegation from the Shiite Waqf office visited Monday the headquarters of the Babylonian movement in Baghdad to affirm the spread of love, affection and peaceful coexistence among all the Iraqi people.
"This visit is a message of reassurance and brotherhood to the brothers of Christ and all the religions in the world who live in this country," Sheikh Taher al-Khakani, head of the Supreme Committee to Support the Popular Rally in the Waqf Bureau, said in a statement. "We do not look at the minorities, but we look at the human diversity and the human diversity that brings us together in this country, where we are united by one land, our collective humanity and one nation." 
Al-Khakani stressed "the existence of a large number of evidence on this speech, where our blood is mixed in the battles to liberate Iraq from defamation and calls Takfiri and we are with the brothers of Christ and the Sunni brothers in one trench in clearing the land of Iraq." 
He pointed out that "there is great joy to receive the delegation of the Diwan of the Shiite Waqf by the brothers of Christ and have understood the situation and that there is sedition wanted by some of the devils who prey on turbid water and do not like what is achieved today of victory over the enemies and do not want to unite the sons of Iraq with all its ethnic and religious components of During the stirred up strife between sects and ingredients. " 
"The senior officials were able to contain this fabricated crisis. In return, the delegation of the Diwan of the Shiite Endowment of the Christian Brotherhood, in honor of the visit of the Waqf Bureau, visited the Waqf. This blessed visit was indeed attended by the head of the Shiite Endowment Bureau, Alaa Moussawi, Representatives of Iraq, Professor Joseph. 
And assured the representative of Christ in Parliament, "many quarters, but the most reassuring of them are the Shiite component, where we did not hear from them any statement or act scratching the dignity of one of the religions or components but they were always sending messages of love, especially what is sent and directed by the supreme religious authority, Mr. Ali Sistani, And continues to patronize all communities and always recommends love and peace among all. " 
Al-Khakani said that "this crisis is controlled, where some tried to spread sedition, because they do not like to see Iraq live peace and peace banners of victory waving in the right and tried to upset the mood for the people of this country and lead among them, but thank God arrived things to safety and everyone is still reassured and live With love and peace ".
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ARTICLE 4

The crowd hits all fortifications calling for a successful wrap in the outskirts of Kairouan

10/17/2017 (???) 10:57 • 25 times read

[Ayna-Baghdad] 
Ahmed al-Asadi, a spokesman for the popular crowd, said Tuesday that the Popular Forces forces in the northern axis succeeded in carrying out a successful operation and hit all fortifications, calling on the outskirts of Kairouan, west of Mosul.
"Here we are on the fourth day of the operations of Muhammad, the second Messenger of Allah, where the popular mobilization forces in the northern axis to liberate the city of Kairouan continued to advance to reach the men during the day of their victories by the night of their march supervising the enemy," al-Asadi said in a statement. 
He added that "the brigades of the crowd advanced in this axis from three directions to check with the night hours and in the air conditions poor great victory through the surprise of the enemy and to circumvent the forces and hit all the fortifications, using new plans and modern equipment and advanced weapons introduced in this process to be able to form the crowd. 
Al-Asadi pointed out that "As dawn of this day of achieving the goals of the crowd and a surprise blow to the enemy lost balance and Walt Fallah fled to collapse and to free the crowd in this process overnight flash a number of villages and residential complexes and to be Tal Girls and Tal Kessab and ten other villages in the hands of brave mujahideen heroes The popular crowd". 
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ARTICLE 5

Deputy: Crowds in Kairouan will help control the border with Syria

2017/5/16 10:38
[Ayna-Baghdad] 
National Alliance MP Rashid al-Yasiri called for a tight border with Syria to prevent infiltration of terrorists. "The liberation of Kairouan and al-Ba'ja of the Da'is terrorist gangs will contribute greatly to the control of the border with the Syrian side," Yasiri said in a statement received by the All Iraq agency.
He pointed out that "control of the border with Syria will prevent the infiltration of terrorists into Iraq and the implementation of their despicable harbor against the innocent" and called for "intensification of flights on the Syrian border and support the Iraqi border guards to detect movements of terrorists to eliminate them and reduce them." 
It is noteworthy that the forces of popular mobilization continues on the fifth day of operations [Muhammad Rasool Allah] the second phase, which was launched last Friday to liberate the Kairouan district of Sinjar and the surrounding villages in the far west of Tal Afar and near the Iraqi border with Syria.

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ARTICLE 6

A serious military warning to the occupied areas of Mosul

2017/5/15 23:04

[Ayna - Baghdad] 
The Yanuyu Operations Command has issued a serious military warning to residents in the occupied areas on the right side of Mosul.
"To our people in the remaining areas under the occupation of the terrorists, the hour of decisiveness has come close to the hands of your heroic armed forces and for the victory to be completed and completed," the commander of the operations of the Yanbu Army, Lieutenant General Abdul Amir Yarallah, We are asking you to stop using wheels and motorcycles of all kinds immediately for use by the enemy in attacks on our forces under the pretext of transporting families. " 
He pointed out that "our air force and air force will hit any wheel moving in the streets of these neighborhoods from the evening of this fifteenth day of May until the completion of the liberation." 
"We will ensure that we have the necessary wheels for transport and evacuation once a family is in contact," Yarallah said.
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ARTICLE 7

Jackie Chan and Sylvester Stallone in Mosul

2017/5/15 17:51

[Where - Continue] 
In a big surprise, Chinese world film star Jackie Chan and American Sylvester Stallone appeared for the first time in their long history in Mosul.
The story of an armed attack on an oil refinery run by a Chinese company in Iraq, specifically in the city of Mosul, is reported by various media outlets. Following the attack, the Chinese government decided to assign a long-standing private protection man, Jackie Chan, to travel to Iraq to rescue Chinese workers working at the family's refinery. 
There, he meets a retired US serviceman, Sylvester Stallone, to discover that the aim of the attack is to control the station, seize the oil and sell it to the attackers, not just a ransom demand, and plan a plan to thwart the attackers' plan. 
The cost of working in Ex-Baghdad, about $ 80 million, is directed by Scott Woh, scriptwriter of Archimel. Chan will also be one of the producers of the film in collaboration with producer Hans Kansua.

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ARTICLE 8-A

URGENT Joint operations: More than 16 thousand people were killed

2017/5/16 11:44

[Ayna-Baghdad] 
The Joint Operations Command announced that more than 16,000 terrorist gangs had been killed during the ongoing liberation of Iraq. Spokesman for the Operations Command, Brigadier General Yehia Rasool, told a joint press conference with the spokesman of the International Coalition that "Da'ash lost 16 thousand and 467 terrorists.


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ARTICLE 8-B

URGENT International coalition: Urgent about imminent defeat in Mosul

Date of release: • 477 2017 • 47 times scheduled
[Ayna-Baghdad] 
A spokesman for the International Coalition in Iraq, Col. John Dorian, that the preacher on the verge of defeat in the city of Mosul and Iraqi forces will raise the Iraqi flag and celebrate victory. " 

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