Wednesday, May 3, 2017

Word on the Street Wednesday 5/3/17

Word on the Street Wednesday 5/3/17



Miracles Are Yours this MAY

Word on the Street Wednesday 5/3/17:
Forex Rates:
 USD/IQD  1,140.7000  1,195.7000 1,180.0000 1,140.7000 1,180.0000  -39.3000 07:09
 USD/VND  22,379.0000  23,112.0000 22,379.0000 22,347.0000 22,347.0000  32.0000 07:09
 USD/CNY  6.8931  6.8943 6.8970 6.8830 6.8833  0.0098 07:12
 USD/KWD  0.3038  0.3048 0.3039 0.3038 0.3039  0.0000 02:15
 GBP/USD  1.2924  1.2925 1.2947 1.2885 1.2941  -0.0017 07:12
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,311.0000  13,323.0000 13,317.5000 13,282.0000 13,296.0000  15.0000 07:11
DC NY Iraq Articles:

International Monetary Fund requires the strengthening of the tax and collection systems for the disbursement of the new loan

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 revenues 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 Supervision 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 conditions 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."

Iraq's intelligence agency ousts largest currency fraud ring linked to abroad

Editorial Date: 2017/5/2 11:54 • 191 times read
(Baghdad: Al-Furat News) A joint effort to overthrow one of the most dangerous mafia of counterfeiting currency practiced by members of their partners in Lebanon, after the arrest of a lady and her daughter at Baghdad International Airport with large sums of Iraqi dinar and the US dollar.
According to the investigative papers, the defendants admitted in their statements to practice this activity more than once, and in the same way before detection.
According to investigative sources to the judiciary, "Information received by the intelligence service about people working for a dangerous mafia specialized in currency counterfeiting and money laundering are in Baghdad."
The sources added that "the competent judge issued a warrant for the arrest of the accused and ordered a detachment to move and arrest," noting that "the defendants testified before the judge important and dangerous confessions of a large network operating between Baghdad and the Lebanese capital Beirut."
The sources pointed out that "the confessions came on a woman and her daughter is about to reach Baghdad and with them amounts of up to 100 million Iraqi dinars category {50 thousand} in addition to 100 thousand dollars."
She said that "an arrest warrant was issued against the lady and her daughter, who arrived at Baghdad International Airport and seized more money than the defendant made in his words placed in their hand bags."
One of the main defendants said that "several counterfeit currency transactions are from one group to another, where we sold every million fake dinars at a rate of 300 thousand dinars, while 1000 dollars was the price of about 300 dollars."
"The sale continues at an upward rate until the counterfeit currency melts in the market with people who do not know what it is."
For her part, the defendant said in her conversation with the "judiciary" that "my first travel was my mother's family, and I have prepared medical reports falsified to be able to leave to Lebanon and return from it repeatedly without the attention of security and intelligence."
She added that "my residence was in a hotel in the area of ​​Al-Hamra Street in central Beirut, where I received the amount of a Lebanese person claiming the (teacher) of 60 thousand dollars."
"The first operation was an experiment to ensure its success and I entered Baghdad International Airport and put the amount inside my clothes."
The sources said that "the investigations showed the existence of another serious gang has a large printing press in the capital with the control of those responsible for a billion and a half dinars, all of the category of {25} thousand are all fake."
The sources added that "the number of accused in this case reached more than 23 people, have been certified judicial confessions and waiting to complete the legal proceedings until they are referred to the Court of the subject.

Sunni Sunni opposition to the movements of "mosque" in Iraq

May 2, 2017  Baghdad Journal News    Shiite political forces have rejected Sunni demands that Iran's new ambassador to Iraq, Erj Musjdi, not interfere with Iraq's internal affairs, stressing Iran's support for the unity of the Iraqi class, contrary to the positions of some neighboring countries.
"There is no comparison between Iran's ambassador to Iraq, Thamer al-Sabhan, and the former Saudi ambassador to Iraq, Thamer al-Sbahan, who carries a sectarian project in Iraq and the region in general," said Mohammad al-Chihoud, a deputy of the coalition of state law led by Iraqi Vice President Nuri al-Maliki.
"The Iranian ambassador is committed to the diplomatic borders between the two countries and there is no comparison between the two ambassadors," he said in a statement to the Journal News. "The movements of the former Saudi ambassador were suspicious and clear. And his efforts to "divide the Iraqi class through a series of practices, including the temptation of some politicians and media to promote the Saudi project suspicious in the region (...).
"The role of Iran is great in supporting Iraq and in filling the political process, in contrast to neighboring countries that export terrorism to Iraq and accuse Mejdi of charges that have been directed against the popular crowd," he said.
Sunni political figures demanded the commitment of the new Iranian ambassador, Erj Masjdi, to the standards of diplomacy in place and to limit his activities to represent his country diplomatically in Iraq after a series of meetings with politicians, sheikhs and tribal dignitaries

Karbala demands the disbursement of its allocations

May 2, 2017   Baghdad Journal News   The province of Karbala (90 km south of Baghdad), on Tuesday, disbursement of the province's allocations to secure its services and meet the needs of the province.
The governor of Karbala Aqil Turaihi said in a statement received "Journal News", a copy of it, "and the province is very few and not enough to meet its needs for one week, unless there is a provision for the province."
Al-Turaihi added that "the province includes holy shrines and attract many visitors, and make large sums, but at the same time need these thresholds for huge amounts to provide services."
He pointed out that "these thresholds collected in the past year about 10 billion dinars, and this amount is shameful and not worth mentioning, because it does not cover the expenses of the province for one week, especially during the coming visitors to the holy sites," stressing that "the province has nothing to do with the amounts of thresholds.

Iraq is the world's 37 gold reserves

May 2, 2017  Baghdad - Agencies   Iraq has been ranked fifth in the Arab world in the volume of gold reserves, marking a growth for the 32nd quarter, respectively since the second quarter of 2009, while the average growth of 1.3% in every quarter.
According to World Gold Council data, global 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 in 2016.
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, 37th globally with 89.8 tons and Kuwait in sixth place 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 percent of the world's gold reserves, followed by Germany with 3377.9 tonnes of reserves, accounting for about 10.1 percent of the world's reserves.
In third place came the International Monetary Fund (IMF) with 2,814 tons, accounting for 8.4% of the world's reserves. Italy was fourth with 2451.8 tons, accounting for 7.4% of the world's reserves
Kauaihn Iraq Articles:

Jubouri of Adhamiya: We need real leaders to build the homeland

Release Date: 2017/5/2 10:07 • 145 times scheduled
(Baghdad: Al Furat News) Speaker of the House of Representatives Salim al-Jubouri visited Tuesday morning in the city of Adhamiya in Baghdad and inspected a number of schools to see the reality of education and preparations for the final exams.
A statement from his office received the agency {Euphrates News} a copy of it, that Jubouri "visited the Adhamiya High School for Girls and stressed that the whole society looks at outstanding students with respect and prestige because they are the people of excellence and have the highest position among their peers.
He added that "the excellence of the student imparts to us clearly the maturity of intellectual and educational, both at home and at school."
Al-Jubouri also visited Al-Adhamiya Preparatory School for Boys and assured the students that "excellence in the school seats and the effort to reach the goal is not very different from the fighter who defends the nation and protects the people from terrorism and criminals."
"The building and prosperity of the two countries depends mainly on the existence of real leaders who have been accustomed to being distinguished, excellent and early from the beginning of their career," he said.
"In order to build a homeland, we have to create leaders, and in order to create leaders, we must choose the best, the most talented and the most talented and distinguished," he said, adding that "the size of excellence is the criterion that determines the future of the country and the compass that guides the path of nations towards prosperity and prosperity.

Araji and Iranian ambassador discuss border between Iraq and Iran

Release date: 2017/5/1 22:18 • 221 times read
(Baghdad: Al-Furat News) Interior Minister Qassim al-Araji discussed with the new Iranian ambassador to Iraq the border between the two countries. 
A statement by the minister's office, received by the agency {Euphrates News} a copy of it, that Araji "received in his office, Ambassador of the Islamic Republic of Iran's new in Iraq, Erg Masjidi, and at the beginning of the meeting welcomed the minister and wished him success in his new tasks in the framework of strengthening the friendly relations between the two countries Neighbors and in the interest of the two peoples. "
During the meeting, according to the statement, "discussed a number of security issues of common concern, especially the border between the two countries."
For his part, the Iranian ambassador expressed his country's concern for the security and stability of Iraq, expressing his "desire to open wider horizons for cooperation between the two countrie

Australia denies involvement in killing civilians in Iraq and Syria

May 2, 2017   Baghdad - Agencies   The Australian Defense Ministry on Tuesday denied that any of its planes had taken part in air strikes in the Middle East, specifically Iraq and Syria, which have killed some 350 civilians since the start of international coalition operations in the region.
"Multi-mission F-18 Hornet and Super Hornet aircraft are not responsible for any confirmed deaths among civilians," the ministry said in a statement.
The statement came after coalition forces in the Middle East announced the possibility that "at least 352 civilians have been killed unintentionally by coalition strikes since the start of the process of solid torque."
In contrast, the Australian Defense Ministry acknowledged that its aircraft may have been involved in two raids that resulted in "credible allegations" of civilian deaths in Iraq in 2014.
It also said it would launch public reports when RAF aircraft were used in combat in an effort to increase transparency, while saying it would also report any allegations of civilian casualties "when they occur."
The statement added that "the decision came after we realized the importance of reporting the strikes of the Australian Air Defense Forces in Iraq and Syria to counter the potential propaganda advantages that might be exploited by a threat and any threat to the safety of the Force personnel during operations."
"The Department of Defense takes all allegations of civilian casualties seriously, and all members of the Australian Ministry of Defense operate under strict rules of engagement aimed at reducing the risk to civilians and complying with Australia's obligations under international law."
The reports will be released every two weeks and will include information on any Australian strikes, including detailed summaries of their locations in Syria and Iraq.

Demands a political majority to prevent the monopoly of the parties loans "international criticism" of Iraq

May 2, 2017 Baghdad - Journal News Experts and deputies in the Iraqi economy warned that the International Monetary Fund's (IMF) loans to political parties would increase its dominance and spread patronage in the country.
"The negative impact of the ongoing borrowing from the International Monetary Fund will lead to major economic problems," economic expert Salam Samisem told The Journal News on Tuesday.
She criticized the mechanism of the work of the International Monetary Fund in Iraq because of its dealings with government agencies exclusively.
And stressed the "application of economic programs according to a specific mechanism that these workshops need the support of international organizations to work international reports, as well as the work of voluntary organizations inside Iraq and not monopolize economic reform."
"The International Monetary Fund and the World Bank to expand its base and cooperation with the Iraqi private sector and economic figures to reach large economic targets."
While the member of the Committee on Economy and Investment, Mohamed Mahmoudi, told the "Journal News" on Tuesday, "The political parties are controlling the overall economic and political reality and all joints of life in Iraq."
He added that "Iraq has not reached the level of giving a political decision, or economic, or professional, in isolation from the political leaders in the country" and that "all political blocs have a role in the decisions."
"The government should go to the political majority as a basic requirement to change the Iraqi reality," Mahmoudi said.



Iraq's Sumo and Litasco are establishing an oil trading company in Dubai

May 03, 2017
DUBAI (Reuters) - Iraq's oil companies SOMO and Litasco have established a joint venture in Dubai to market crude oil, with other Middle East producers buying and selling oil to boost their income, trade sources said. The new project, called Lima Energy, is a working group for the Dubai Multi Commodities Center (DMCC), the sources said, adding that trading activities would include Iraqi, Russian and other materials.
"Lima will receive its first shipment of Iraqi crude this month," a source said.
The sources added that Lima was founded along the lines of Oman International Trading, which started as a joint venture between OOC and Vetol but is now wholly owned by OOC. Its activities include the trading of Omani crude, oil products and liquefied natural gas. One source said up to 10 Somo employees, including the head of shipping activities, might be loaned to the new company. And Litasco, a unit of Russia's Lukoil, which develops oil fields in southern Iraq, is one of the world's largest trading companies. Last month, Iraq's oil ministry said it had agreed with Litasco on an oil marketing project but gave no details at the time.
Last week, Sumo sold its first shipment of Basrah Light crude through a tender on the Dubai Mercantile Exchange, possibly a move to find the price. Omani crude sold in Asia is currently being traded on the Dubai Commodity Exchange.
Other oil producers have established trade companies. Aramco, the world's largest oil producer, founded Aramco Trading in 2012 to market refined products, base oils and petrochemicals.
Somo runs exports from areas under the central Iraqi government and not exports from the Kurdish-controlled north. Its exports averaged 3.756 million bp

The assassination of an oil official in northern Iraq

May 2, 2017   Kirkuk - Journal News   The Directorate of Police of districts and districts in Kirkuk (250 km north of Iraq), Tuesday, an armed group assassinated assistant director general of the North Gas Company in the province, on his way to his workplace.
"This morning, an armed group of masked men riding a black BMW opened fire and assassinated the assistant director of the North Gas Company and the head of its club Mohammed Younis, and his companion Shaho Mohammed," said police director Brigadier General Sarhad Qader. The city of Kirkuk and specifically the road of control (June 1) opposite the village of Sayada. "
"A security force rushed to the scene and launched a search for criminals after the deceased's body was transferred to forensic medicine at the Kirkuk hospital," Kader said.
The province of Kirkuk (250 km north of the capital Baghdad) is witnessing an escalation in the assassination operations between time and time while the security forces in the province continue their campaigns to search for criminals and wanted.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER

Mother's Day is Coming
GLOBAL/NEWS/INFO 
OIL/COMMODITIES/ENERGY

Gold tries to trade off 3-week low as Fed prepares to meet
MarketWatch
Gold prices trades near break-even levels on Tuesday, as the Federal Reserve prepares to kick off a two-day policy meeting that will be closely watched for clues on the pace of future interest-rate hikes and for the central bank’s outlook on the U.S. economy. Read the full story
Oil prices claw off five-week lows with help from softer dollar
MarketWatch

Oil prices gained moderately Tuesday, helped by a softer dollar, even as oversupply concerns centered on output from Libya and rising U.S. production keep a lid on the market. Read the full story

BP Starts to Steer Away From the Financial Rockshttps://www.bloomberg.com/gadfly/articles/2017-05-02/bp-starts-to-steer-away-from-the-financial-rocks

Climate Skeptics Always Assume the Risks Are Overhypedhttps://bv.ms/2pB9Ydy
Gold Did Something Really Interesting In April
Benzinga

The SPDR Gold Shares (NYSE: GLD), the world's largest exchange-traded product backed by physical holdings of gold, rose 1 percent in April. On the surface, that does not sound all that impressive. After all, there have certainly been months over GLD's lengthy trading history that the ETF has delivered more than 1 percent upside. Upon further examination, gold was actually pretty impressive last month, particularly when considering GLD's platinum equivalent fell 2.1 percent. Meanwhile, the Read the full story
BANKS/BANKING


Barclays Sees Wealth Funds, Bank Deals Driving Mideast M&Ahttps://bloom.bg/2pSEd2P
HSBC Seeks to Stop Slump in Revenue as Buybacks Aren’t Foreverhttps://bloom.bg/2pBf2P6 
Asia closes mixed; Reserve Bank of Australia leaves cash rate unchanged
CNBC
Asia markets closed mixed as traders parsed the RBA decision's to hold steady, key bank earnings in Australia and Singapore, and the dollar. Read the full story
TREASURIES/STOCKS/BONDS
World's "Most Bearish Hedge Fund" Goes All In On China Collapse, Inflation Explosion
ValueWalk
There are few investment funds out there that can claim to have achieved an annualized return of more than 30% with gold securities. Hirschmann Capital is one fund that falls into this elite club with an annualized return of 30.7% since inception during the fourth quarter of 2014 to the end of 2016. Over this... Read the full story
Here’s the ‘last remaining cheap asset’ as the Fed pumps up prices for everything else
MarketWatch
It’s time to see if Apple’s earnings and the Fed’s latest signals can keep the stock-market party going. Our call of the day says the “last remaining cheap asset” is grains. Read the full story

Hedge Funds Pile In to Long Bets on Bonds Just as Dangers Buildhttps://bloom.bg/2p2sOJn


CURRENCIES
Here are the most valuable lessons working on Wall Street taught me about money
Business Insider"I know only one person who has consistently beat the index trading stocks," writes the author (not pictured). IR Stone / Shutterstock.com As a lifelong finance nerd, there was nothing more exciting than stepping foot into one of the biggest investment banks in the world as a full-time employee. I was right out of school, as green as they come, and working on Wall Street! What I learned about money and investing over the next several years could fill books. But the lessons that stuck with me Read the full story
Pound pops above $1.29 after UK manufacturing growth spikes to three-year high; Greece reaches deal on bailout reforms
The Telegraph
Greece and foreign creditors reach deal on bailout reforms UK manufacturing growth spikes to three-year high Strong corporate earnings lift European shares Nasdaq hits another new record high as Wall Street opens Pound pops above $1.29 after UK manufacturing data Read the full story
Dollar hits one month high against yen in boost after Treasury announcement
Express
THE dollar hit a one-month high against the yen today, lifted by Treasury yields which surged after US Treasury Secretary Steven Mnuchin commented on the possibility of ultra long-term bond issuance. The greenback last traded at 111.900 yen after touching 111.985, its strongest since March 31. The dollar was boosted as long-term Treasury yields soared to multi-week highs after Mnuchin reiterated his view in an interview with Bloomberg, saying the government issuing debt exceeding 30-years in Read the full story
Forex - Dollar index holds steady as caution dominates
Investing.com
Dollar little changed vs. rivals with eyes on Fed Read the full story

Forex - USD/CAD hits fresh 15-month highs in early trade
Investing.com
Greenback climbs to new multi-month highs vs. loonie Read the full story
Dollar Hits Six-Week High Versus Yen as Risk Sentiment Improveshttps://bloom.bg/2pSILWI 
Investors Start Taking Notice of Nigeria's Latest Currency Planhttps://bloom.bg/2pT3ABv
Rupee strengthens against US dollar on Asian cues
Livemint                                                                                                                                                                                                                                                                               Mumbai: The Indian rupee on Tuesday strengthened against the US dollar, tracking gains in the Asian currencies markets. Read the full story
Pound to euro exchange rate - Sterling starts May on a HIGH after a turbulent month
Express
THE pound is high against the euro in the first few days of May despite turbulence thanks to the French election. Pound Sterling is currently at a rate of 1.18 to the Euro. The rate has suffered a slight dip since the steady highs of the end of April, facing from around 1.187 to the current amount. However, things are still looking good for the currency, which is holding strong since Theresa May announced the snap general election 2017. Read the full story
USA
This is what the bull market’s last gasp looks likeMarketWatch
Stocks often perform spectacularly near the end of a bull run, writes Mark Hulbert. Read the full storySix things to watch for in the Fed’s policy statement
MarketWatch Here are six things to watch for in the Fed’s statement to be released on Wednesday. Read the full story
Will Trump ‘Do a Big Number’ on the Big Banks?
The New York Times                                                                                                                                                                                                                                                                 Wall Street shuddered as President Trump, for the first time as resident of the White House, mused that he was considering breaking up the largest banks. Read the full story

Here are the most valuable lessons working on Wall Street taught me about money
Business Insider
"I know only one person who has consistently beat the index trading stocks," writes the author (not pictured). IR Stone / Shutterstock.com As a lifelong finance nerd, there was nothing more exciting than stepping foot into one of the biggest investment banks in the world as a full-time employee. I was right out of school, as green as they come, and working on Wall Street! What I learned about money and investing over the next several years could fill books. But the lessons that stuck with me Read the full story
Trump's U.S. Looks Past Energy Independence to Global Dominancehttps://bloom.bg/2pQQ7Kw
Trump Threatens Government Shutdown After Democrats Win Dealhttps://bloom.bg/2pTIlQb 
WestJet to Buy Up to 20 Boeing 787 Jets for Long-Haul Routeshttps://bloom.bg/2p4m3qB

EMERGING MARKETS
Brazil Bond Buyers Going Down Market After World's Biggest Rallyhttps://bloom.bg/2pB2YNS
NZ dollar gains, snapping 5-day slide
Scoop
May 2 (BusinessDesk) - The New Zealand dollar rose, snapping a five-day decline, after weaker-than-expected US manufacturing a construction data and a key measure of risk appetite fell to its lowest level since before the global financial crisis. Read the full story
MIDDLE EAST
Short Selling Makes Quiet Start in Middle East After Saudi Debuthttps://bloom.bg/2pDZTP0
U.A.E. Minister Sees 'Logic' in Oil-Cuts Extension Beyond Junehttps://bloom.bg/2pTaUge 
ASIAWin Streak May End For China Stock Market
RTTNews
Ahead of Monday's Labor Day holiday, the China stock market had moved higher in four consecutive sessions, adding almost 30 points or 0.9 percent along the way. The Shanghai Composite Index now rests just beneath the 3,155-point plateau although the market may run out of steam on Tuesday. Read the full story

Rouhani Boosted as Iran Speaker Challenges Rivals' Poll Vows

Crescat: China To Devalue 30% Taking Down Canada And Australia With Them
ValueWalk
Crescat Capital Q1 letter to investors Also see 2017 Hedge Fund Letters Chinese Debt Collapse? On Par With Greece Like Wheel Out Of Control May 1, 2017 Dear Investors, By keeping interest rates on the world reserve currency too low for too long, the Federal Reserve has created speculative asset bubbles in far-reaching areas of... Read the full story

China Bank Investors Should Think Big
There is some good news for Chinese bank investors if first-quarter earnings are anything to go by: Soured debt is falling. But bad news is never far from the surface for lenders in Asia's largest economy, and this time it's taking the form of potential share sales. The nation's largest banks, flush with deposits, are doing well, thanks to a stronger economy and cost cutting. But their fortunes are diverging from smaller rivals like China Minsheng Banking Corp. and Bank of Communications Co. Read the full story

China will step up to the plate on TPP if Japan doesn't
Business Insider
Japan's Prime Minister Shinzo Abe. Last week Japan made an about face and said it would press ahead with a Trans-Pacific Partnership (TPP) minus the US, after saying in February the TPP was meaningless without it. Why the sudden change? In one word, China. Japan realized China is moving quickly to fill the US-sized vacuum in the Pacific Rim region. China once accused the United States of trying to "contain" it by negotiating the TPP. Well the United States may be able to lob the same complaint Read the full story
China manufacturing registers unexpected drop in April
POST Online Media
China's economy continued to slow down in April according to the results of various widely-followed surveys. Caixin's manufacturing sector purchasing managers' index fell from a reading of 51.2 for March to 50.3 in April, its lowest level since last September. Commenting on the China General Manufacturing PMI ... Read the full story
AFRICA



East Africa Lays Ground for Single Currency
AllAfrica
East Africa Lays Ground for Single Currency The region has moved a step closer to attaining a Monetary Union after the Council of Ministers adopted two key bills that will help the partner states to progressively establish a single currency by 2024. East Africa: Region Lay Ground for Single Currency East Africa: Monetary Union 'a Threat' to EAC Projects East Africa: Go Slow On Push for EAC Single Currency - Expert Read the full story

Rouhani Boosted as Iran Speaker Challenges Rivals' Poll Vows
Minister Sees 'Glaring' Problems in South Africa Oil Stock Sale
South Africa has found “glaring governance problems” related to a 2015 sale of the country’s crude oil reserves, Energy Minister Mmamoloko Kubayi told lawmakers.https://bloom.bg/2pB16VmSouth Africa Radical Economic Transformation: Zuma vs. Ramaphosa
Bloomberg

Non-stop business knowledge Get more on The Bloomberg App South Africa's President Jacob Zuma attends celebrations for his 75th birthday in Kliptown, Soweto. “Radical economic transformation” has become the South African government’s new mantra as it advocates giving the nation’s black majority a bigger stake in the economy 23 years after the end of white-minority rule. What exactly it means is unclear. The phrase doesn’t appear in the National Development Plan, the government’s economic Read the full story
EUROPE
European Shares Inch Higher As Greece Secures Bailout Deal
RTTNews
European stocks kicked off the first trading day of the month on a solid note Tuesday, with healthy corporate earnings, upbeat British manufacturing data and news that Greece has reached a deal with its international lenders helping underpin investor sentiment. Read the full story
Britain accused of having 'no idea how Brussels works' by EU sources
Daily Mail
Guy Verhofstadt accused the Prime Minister of not 'understanding' the scale of the fight she faces as he taunted her over the Tories' 'strong and stable' election slogan. Read the full story
Merkel Tells Putin Russia Sanctions Will Have to Remain for Nowhttps://bloom.bg/2p4DQhl


British Voters Doubt May's Pledge to Cap Immigration, Poll Showshttps://bloom.bg/2pBpwOF

Italy Is Europe's Next Big Problem 
Italy's economic problems are in many ways worse than France's. Public debt stands at nearly 133 percent of gross domestic product; in France, it's 96 percent. The last time Italy grew faster than France was in 1995. Both countries have struggled to stay competitive internationally -- but French productivity has risen by roughly 15 percent since 2001, whereas Italy's has stagnated.https://bv.ms/2pCgK4Q

Greek Debt-Relief Talks Move Closer After Late-Night Deal
Greece resolved the latest impasse over the terms of its bailout program with international creditors in the early hours of Tuesday, unlocking the way for debt-relief talks and the disbursement of the next tranche of emergency loans.https://bloom.bg/2pzUxT2


Blessed and Highly Favored:

CBI Update:
The CBI for Wednesday, May 3, 2017 did update on the indicative rates and the sell rate for the USD is 1184. The currency auction is 159,531,681. There is one updated news and announcements for Wednesday, May 3, 2017 as follows:
1- Announcement / The Central Bank of Iraq to extend the period of sale / Asdarih second national bonds
ISX Update:
The ISX latest update is Shares Traded is 23,199,092,337 and Values Traded is 22,990,543,173. The ISX ended in GREEN.
UN Operational Rates Update:
The UN Operational Rates were published on Thursday, April 27, 2017 and were effective on Monday, May 1, 2017. Also, there is a 48 hour window on either side of May 1, 2017 for the numbers to be revised and still be official for May 1, 2017 (IMO...Wednesday, May 3, 2017)
TNT Intel Update for 05/02/2017:
@THE_TNT_TEAM: An update has been placed in the Forum for your review and consideration. #wearethepeople
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! #wearethepeople
Blogs:
Frank26 The RV of the IQD is coming.Iraq also desires to have a currency of pride. You want an RV of the IQD. Abadi wants to free his people in Mosul / Iraq.The MR (Monetary Reform) is coming. So Abadi tells us...maybe 3 more weeks. Give me until the 20th of May.The troops are doing their very best. They've got to get the citizens out of the way. Daesh is running away...but they are still using the citizens. Mosul is a very large city...and they are clearing it. They need to FINISH and bring the people home...and then give them the power of purchase – which has already started. The MR continues to flow... One final word...IMO...in my STRONG opinion...the MR of Iraq will happen this year ...please be ready for it!
Frank26 On the 28th... basically the GOI was pointing their fingers at the CBI...telling them to open the windows to investors. Turns out...Abadi didn’t do it. GIVE ME MOSUL...GIVE ME THE GRAND OLD MOSQUE inside of MOSUL... and you will see the speed of the MR in a completely new light. Abadi said that he would give us Mosul by the end of April. Abadi failed...? No he didn’t. There is something INSIDE of the Grand Old Mosque that you must consider. Inside of Mosul...there are many civilians that are being held hostage by Daesh. THIS IS WAR ...THIS IS NOT A GAME...nor a place for anyone to rant and demand for an RV.
"YOYO" - GCR/RV Intel SITREP - Tuesday - May 2, 2017
Sovereign rates showing on (front) screens, climbing.
Plain clothes security and military personnel deployed--redemption sites, participating banks.
Big birds wheels up, drones buzzing.
Operation "Blind Ambush" active - 12:00 EDT.
All com cut.
YOYO (Your On Your Own)
Bank Story by Commander 7
In the past I would go into Chase Bank say Halo to those who work there some would reply others where busy with their clients. I would get my banking done and leave.
Last week I went in again. A bit different this time. All the sudden the banking personal circled me saying Halo they left their clients for a bit, shaking my hand and asking if I needed any help with anything, small talk in between. They know I have Zim and other currency. Actually they have a list of people to contact when this goes live.
I am very thankful for their service. Although I would prefer that wonderful service would be shown to all their clients. If they have $5. or $5T
SPS SOON PEOPLE SOON !!!!!
With Great Peace and Love
Commander 7
The Big Call w/ Bruce Intel Notes by PinkRoses 5-2-17
Bruce: Welcome everyone to the Big Call tonight. We have a nice international reach now. We are getting heard in different parts of the world that we didn’t use to a few years ago. I believe last Tuesday call we had about 370 people from Kurdistan that listened in. That is amazing. I am pleased that we are reaching the Middle East as well as other parts of the Globe as the Far East, South Africa, South America as Argentina, Central America, Mexico, Canada, Europe as in France, Great Britain, etc.
Bruce: I am pleased and love that today is May 2, 2017 and we have May Day is over. This May Day is a lot different because it seems to be more about a worker socialism day, something that closed the banks around the world except for United States, Canada, and Australia. Those 3 countries were the only ones that the banks were actually open. What that did it focused on the some of the attention and Intel we got, but it didn’t please a lot of people that were doing international type transactions because they couldn’t complete them yesterday. It took until the markets opened in China and Hong Kong about 9:00pm, 9:30pm last night to sort of bring everything back again. It was sort of a pause day for us.
Bruce: It didn’t mean things didn’t occur but they did, but they occurred later in the day yesterday and last night. In fact a large fund out of the Philippians was opened up last night at about 6:00pm PST or9:00pm EST. That was opened up and released it was released not to just us, but to 192 countries. This fund will be used to fund hundreds of thousands humanitarian projects. The release of this fund, referred to as” the bottomless pit”, a large fund is just almost the bottomless pit. When that opened up that was the last major thing to occur before the blessing is to be release to us.
Bruce: We know that we have had Tier 1, 2, and 3 account transactions handled with some liquidity and access to funds, and still some with funds showing in the banks with a pending signal by the account. They can see there is money in the account, but no access to the account. My understanding is that status could change even overnight tonight. That is very encouraging. Those of us in Tier 4, the Internet group, will probably start very shortly because we are at the point we are ready for that to occur. We had a pause between Sunday and yesterday with May Day going on.
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 may have the availability to hear those announcements or some other announcements relative to those tomorrow morning Iraq time, or late tonight United States time. We have been told those announcements were scheduled for a day later, but since things are moving along nicely they may move those up to the time frame I mentioned.
Bruce: I believe there were 3 announcements made this morning regarding Iraq, China, and United States that were made mid morning today, but not for our ears. Not for us, but for the international financial community. Those occurred and served the purpose they were designed for.
Bruce: 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, and this includes all of them. Everybody should be extremely pleased.
Bruce: The rates were changing so dramatically that the screens were flickering, flashing to where you couldn’t see the rates stabilized unless you had a strobe light. That changed from the situation yesterday where today the rates were updating, flashing approximately every minute. They are visible and you can see them, but subject to some increase due to trading. That is positive for us. It is sort of like they are settling down. The flashing on the screen has reduced from high changes to stable every minute or so. We can look at it as though the banks around the world continue to get updated with new rates and synchronize and in prep mode for this to release.
Bruce: When are we going to get the toll free number? My understanding is I will receive the toll free number. I am honored to be selected for that purpose. I will take that information with good care, and follow the protocol. If I were to receive the number in the middle of the night, this is to be a day time event. I may get instruction to release it during the day. I don’t know that yet. They do want this to be a day time event.
Bruce: I know that security has been beefed up, and still on active status at the Redemption Centers, and at some of the banks that have international currency trading desks and also participating in this. Most of us will have an 800 number that will focus us toward the Redemption Centers. People will be able to utilize some Tier 1 and some of the 2 banks. Some of the major banks will be in a position to exchange the ZIM for a very short time, like 4 days. Then they will be changed to HSBC. They will be feeder banks that will help HSBC collect the ZIM currency out there that a customer might have that exchange through the Tier 1 and some Tier 2 banks for a very short period of time.
Bruce: Most of us will use the 800 number and have it on the Big Call website: thebigcall.net for a period of time as long as we can keep it there. You can go to the site to see it, and post it couple of locations online that you are use to going to. That is the overall plan for finding out when and all that. Check the web site:thebigcall.net occasionally to see. We are not going to email anybody nor do mass mailing. That is not in the plan
Bruce: Today is Tuesday. We hope that the release takes place before our next call, Thursday night. We will do a call next Thursday if we don’t have the blessing prior. If we do, we will probably not do a callnext Thursday, but do a pre-celebration call, do a link and place it on our site and couple of other locations.
Bruce: This call, the Big Call, we tried to keep this call a non political call 6 years ago. We have listeners from both sides, Independents, a variety of listeners. My goal is to provide accurate information, things you can use, and with Big Call University we bring information no one else have, but something you can use and also Pastor Steven teaching. To have that team and that type of information I love the fact we can put that out in a way that edifies people. Allows them to grow, learn, and experience something new on every call. I appreciate the faithfulness of the listeners we have on the Big Call.
Bruce: We are not a political call. We generally don’t go there. You know tonight one of the biggest things we will ever do is Rebuild America. I came up with this a few months ago. It does mesh nicely with President Trump’s agenda to make America great again. It dove tails with that concept nicely. I am pleased that things are moving in that direction for us as a country. I think we can come together we all want the very best for our country. We do want America rebuilt. We want America be great again.
Bruce: I am not trying to polarize anyone on this call. I am encouraged that the President and the Administration is looking to put together r a very postage tax plan for us to allow us to yes pay less taxes probably but be able to do things that will really inspire and build our economy in this country to bring it up to a thriving economy. It is about creating jobs, helping people and lifting and elevates people and raising the playing field for everybody. When we help people whereof it is around this country, we won’t care whether they are politically. We are not going to get in to the politics s of it.
Bruce: I want to applaud the administration and President for taking us in that direction. I know not all is in agreement with everybody on this call. We want to help other people, less fortunate as well. We are called to do, that is part of this blessing. We know this is coming for us and a very real sense we have been chosen for a time for this. When we go about to rebuild America, helping the veterans, the missionaries and all we do with community gardens, aquaponics, farming, it is to help our country as a whole. I want you to realize that is what we want to bring. It is not a political agenda. Agenda of one, a concept we come together to be one, a force that is more loving, caring, and giving, and forgiving of each other and others. That is my heart, you know my heart.
Bruce: You have heard me for years talk about how we love everybody on this call. We want to show you that, as we take this thing not just to the United States but also around the world. There is a lot of need. That is why when you go into the Redemption Centers and see rates available and you have private negotiable rates on the ZIM that can take it sky high, consider what you plan to do with these funds. What I want to do is use my god fund for all my humanitarian projects and ministry. Maybe some of you want to do this too, and go with a god fund too using 95 percent or more of your ZIM exchange for your god fund.
Bruce: I am looking forward to partnering with many of you who are listening to the call. I am looking for at least 5000 to be part of the rebuild America program. To rebuild cities, build cities, schools, clinics, recreation centers, etc. Big call and Big Call University is here to serve. I am excited about this and coming together with a new portal, website, podcasts, cine together let you blog and have all of that and there we will have a template what we plan to do around the country in the 50 states and 100 cities, adopt a city, adopt a town, adopt a community. That is the concept behind Rebuild America.
Bruce: I just want to thank anyone that is listening from the administration to know our heart on this. Anything we do to rebuild America we are trying to come together as a nation, not here to divide but to unify. That is what I am saying and sticking to it.
Bruce: Thank you Sue, Bob, Pastor Steven, Kent and all for listening. We appreciate you listening to the Big Call. WE are looking for this to come in way of our blessing very shortly and hopefully before ourThursday night call which case we will let you know with a short celebration all in a form of a link and a toll free number will be posted on the Big Call website. We will let you know when that occurs. Check the site every once in a while. We do believe it will be a day time event. I believe the instructions will be put it out sometime in the day, don’t know when. We will find that out.
Bruce: Thank you all for tuning in tonight, and all those in the banking community, and those in the Trump Administration for listening in. Thank you everybody, stand firm, and now we stand in faith. Good night everybody.
THANK YOU BIG CALL AND BRUCE, HUGSSS
NOTE: Due to helping out my family, my Sister-in-law is now or soon will be entering into hospice for ALS disease. I need to be there for her and my brother more. With that in mind, I will only be able to transcribe on Tuesday nights for the Big Call. I am very sorry that I will not be able to transcribe on Thursday nights anymore. I hope you all understand. Our family is very close, and we are always there for each other, and I need to be there more than ever now and not just on the weekends. Again, I will still be transcribing on Tuesday nights until this blessing occurs, and just maybe it will be so before Thursday. That would be awesome for all of us and those of whom we will bless. Thank you.
Love and Hugs to All,
Pinkroses
"Rx" - GCR/RV Intel SITREP - Wednesday - May 3, 2017
Mercury Retrograde ends today May 3rd at exactly 12:22pm EDT in NYC.
That's also the exact time FBI Director James Comey will be testifying before a Senate Oversight committee in Washington, D.C. regarding his agency's Trump/Russia investigation.
Then on May 8th, a four day post Mercury Retrograde shadow phase ends as it passes through a high intensity period, exactly at the same time recently fired Obama appointed former Attorney General Sally Yates will be testifying before the House Intelligence Committee.
These two events are scheduled in this way, by the Chinese Elders, for a specific astrological reason.
However on Sunday May 7th, the second phase of voting will commence in the French Presidential elections.
Remember, France sits on the UN Security Council with one of five permanent member veto votes. Meaning, France can legally either stop start warfare... globally.
There is a prevailing belief among RV analysts that sometime during the post Mercury Retrograde shadow period creates the best astrological "launch effect" for a private redemption release.
There is another analytic belief that the Elders will wait until after the Retrograde (Rx) post shadow phase because of the French elections, and allow them to complete before releasing global monies in volume as a large financial event such as this could artificially influence the very important geopolitical election.
We know too private ZIM redemptions have been segmented separately from other currencies in terms of priority, and will will proceed on its own with a separate in-take strategy, apart from the other currencies due to printed face volume.
Precisely when mass US redemptions begin is still an unknown, but we understand all military and security personal, uniformed and plain clothed, have been deployed and are right now stationed near their targets.
The private redemption period is now to be considered a sovereign redemption period, as sovereign rates are what's re showing on front screens.
This eliminates negotiating decision making and speeds up the overall redemption process.
It's also a reward to loyal humanitarians by the Elders who righteously waited to serve their fellow man.
God is with us.
Kauaihn Chatter:
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   Intel Guru Frank26 
  The RV of the IQD is coming.  Iraq also desires to have a currency of pride.  You want an RV of the IQD.   Abadi wants to free his people in Mosul / Iraq.  The MR (Monetary Reform)  is coming.  So Abadi tells us...maybe 3 more weeks.  Give me until the 20th of May. The troops are doing their very best. They've got to get the citizens out of the way.  Daesh is running away...but they are still using the citizens.  Mosul is a very large city...and they are clearing it.  They need to FINISH and bring the people home...and then give them the power of purchase – which has already started.  The MR continues to flow...   One final word...IMO...in my STRONG opinion...the MR of Iraq will happen this year ...please be ready for it!  [post 2 of 2]

5-2-2017   Intel Guru Frank26   On the 28th... basically the GOI was pointing their fingers at the CBI...telling them to open the windows to investors.  Turns out...Abadi didn’t do it.  GIVE ME MOSUL...GIVE ME THE GRAND OLD MOSQUE inside of MOSUL... and you will see the speed of the MR in a completely new light.  Abadi said that he would give us Mosul by the end of April.  Abadi failed...?  No he didn’t.  There is something INSIDE of the Grand Old Mosque that you must consider.  Inside of Mosul...there are many civilians that are being held hostage by Daesh.  THIS IS WAR ...THIS IS NOT A GAME...nor a place for anyone to rant and demand for an RV.   [post 1 of 2....stay tuned]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:

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

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Council of Ministers held its regular session on Tuesday, the second of May 2017 under the chairmanship of Dr. Haider Abadi. 
There was a broad discussion of the draft law on the election of the House of Representatives and a vote on the amendment of the draft law in force to send it to the House of Representatives.
The Cabinet also voted on the decision to protect the reinforcing steel product (10-32 mm) by adding a 5% tariff for the steel rebar product measurement unit for a period of 4 years without any reduction in all Iraqi imports and all originals.
The Council voted to increase the capital of the Iraqi Trade Bank (TBI) from the amount of trillion to 2 trillion and 750 billion dinars.
The vote was also taken on the inclusion of the daily procedure by appointment within the movement of owners in service departments in the Ministry of Construction, Housing, Municipalities and Public Works.
The draft law on the ratification of the Mutual Encouragement and Protection of Investments Agreement between the Government of the Republic of Iraq and the Government of the Islamic Republic of Iran was voted on.
The council also voted to pay the dues of the farmers and farmers by stressing the Ministry of Finance to launch the amount of 500 billion dinars a month from April to August.
A report to the Council of Ministers on water revenues and rising levels of Mosul dam was presented yesterday to 320.6 above sea level for the first time in 10 years after the Italian company's maintenance work.

Prime Minister's Media Office
May 2, 2017

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

Civil airports meet tomorrow in Sulaymaniyah

2017/5/2 22:07
[Ayna - Baghdad] 
The exhibition and conference of the Forum of Civil Airports, Tourism and Air Freight, which will be held on Wednesday and will last for two days, will begin on Tuesday in Sulaymaniyah.
"The Minister of Ha-Kazem Fangan Al-Hamami will open and participate in the conference," a ministry statement said. 
"The existence of such events will define the world of the Iraqi airports and the continuous development of services provided, and the opportunity to communicate between these airports and companies and offer their services to the public. 
He added that "the airport of Sulaymaniyah receives considerable support from the Civil Aviation Authority," noting that "the Committee of Directors of local airports are holding meetings on an ongoing basis to discuss the issues of the Iraqi airports." 
The exhibition will be held under the slogan "Civil airports are a gateway to the recovery of tourism and air freight service."
*************
ARTICLE 3

Grant permission to the first political party Yazidi in Iraq to participate in the upcoming elections


BAGHDAD (Reuters) - Iraq's interior ministry announced on Tuesday that the Yazidis had given permission to establish a political party and participate independently in the political process and the upcoming elections, ), The first official party, will enable the Yazidi community to carry out independent political activities. "
The leader of the party, Yadav Qahtan Ali, said that "thanks to the continuous efforts over a whole year, the Yazidis were able to obtain official permission to participate in the upcoming elections," adding that "the main objective of the establishment of this party is to defend the rights of Yezidis in independent political frameworks without Subordination to other parties ". AH

*************
ARTICLE 4

Resist the exposure of the organization of a crowd in the area of ​​Makhoul


TINWI, Iraq, April 3 (UPI) - The Military Information Cell announced on Wednesday that the 29th Brigade had been repulsed by an organized crackdown on the Mosul suburb of Makhoul.
"The brigade's brigade forces managed to kill two attackers and detonate a car belonging to them, and the rest of the attackers fled," the statement said. "He said.
The area of ​​the mountains of Makhoul is almost constantly attacked by the organization of the criminal advocate, but the popular forces stationed there, fail each time these attacks. 

*************
ARTICLE 5

Kuwait provides treatment for 208 Mosul patients

2017/5/3 11:53

A Kuwaiti diplomat said on Wednesday that the State of Kuwait has ensured the treatment of 208 people from the victims of the city of Mosul because of ongoing military operations by allocating a wing in a private hospital in the city of Arbil in the Kurdistan region.
The General Consul General of the State of Kuwait in Arbil, Dr. Omar al-Kandari said in a press statement that "[the Kuwaiti Relief Society] hired a full role in a private hospital in Arbil, where the provision of medical treatment for cases of sick and suffering war, especially as a result of ongoing military operations in Mosul." 
He added that "this step came after it was noted that the inability of some government hospitals to absorb the influx of patients and wounded from Mosul and therefore the contribution of the State of Kuwait in the medical side has adopted the treatment of these cases by contracting with a private hospital and bear the costs of treating the injured." 
He added that "[the Kuwaiti Relief Society] has done so as the implementing agency for the donation of Kuwait, which was allocated through a generous initiative by the Amir of the country's humanitarian commander Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah." 
"The assistance provided by the State of Kuwait to Iraqi displaced persons will continue and be extended to include many aspects, especially the medical field," he said. 
For his part, the director of the hospital, Dr. Shwan Qadir said in a press statement that the hospital has been for several months and now treat 208 people from Mosul, "adding that" their injuries vary between injuries of the nervous system and spinal cord and limbs and chest. " 
It is clear that "the injuries were the result of bombings, explosions and shooting," adding that "the injured are civilians." 
"Some patients need treatment for a long time and some of them have been subjected to five complex operations in this regard thanks to the State of Kuwait to ensure that the treatment of the wounded from Mosul."
The State of Kuwait pays the health of the displaced in Iraq and the Kurdistan region. It has built two emergency hospitals with two ambulances. It also plans to build three health centers in IDP camps in Dohuk governorate and sent tens of tons of medicines to treat patients and fill the shortage in hospitals.

*************
ARTICLE 6

How and why was the third of May chosen as World Press Freedom Day?

2017/5/3 10:15

[Ayna-Baghdad] 
On May 3, the world celebrates World Press Freedom Day.
This day serves as an occasion to inform the public of violations of the right to freedom of expression and as an occasion to remind them of many brave journalists who have enriched death or imprisonment in order to provide them with daily news. 
The third of May was chosen to commemorate the adoption of the historic Windhoek Declaration during a meeting of African journalists organized by UNESCO and held in Namibia on 3 May 1991. 
The Declaration states that freedom of press can only be achieved by ensuring a free, independent and pluralistic media environment, a precondition for ensuring the security of journalists in the performance of their functions and to ensure that crimes against press freedom are investigated promptly and accurately. 
More than 430 journalists were killed in Iraq after 2003, among the most dangerous countries in the field of journalism and media.
*************
ARTICLE 7

What is the secret of the longevity of the greatest man in the world?

2017/5/2 17:04
An Indonesian woman who proved to be "the world's biggest man" - a death, aged 146 - was confirmed and his identity card confirms that he was born on December 31, 1870, according to the Daily Mail.
Mabah Goto, who lives in Saragin, central Java, Indonesia, lived to witness the death of his four wives, ten brothers and even all his children. 
The officials of the local documentation office said that they were able to prove that the identity card of the man was genuine and that his date of birth was genuine. 
Despite his long life, Goto wished a year ago that he would not stay on this land longer, as he lived to see the children of his grandchildren. 
One of the man's descendants said that his grandfather had been hoping to die since he was 122 years old and had already bought a site to bury him near the graves of his children since 1992. 
Goto spent most of his time listening to the radio, because his eyesight is very weak, he is a bad smoker, and when asked about the secret of longevity, he answered "patience."

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