| Word on the Street Friday 6/16/17 |
This is on a website in Africa it flashes there the whole time you are on the page
Blockchain start-up Circle launches a no-fee international currency exchange
Blockchain-based payments startup Circle Internet Financial on Thursday launched an international online money transfer service that allows people in the United States and Europe to send money to each other instantly and at no cost as it seeks to tear down borders in the payments world.
The new service is part of a push by the "fintech" — or financial technology — sector to compete with established financial institutions, by using digital technologies to offer cheaper and more user-friendly services, often via smartphones.
Boston-based Circle Internet operates its app-based peer-to-peer payment network using blockchain, the technology which first emerged as the system underpinning cryptocurrency bitcoin.
One of the most well-funded blockchain startups, its investors include Goldman Sachs Group and Baidu.
Circle Internet's international money transfer service, built on a type of blockchain called Ethereum, will allow customers to send payments between U.S. dollars, British pound sterling or euros on their mobile phones. There are no fees or foreign exchange mark-ups.
International payments, according to Circle's chief executive officer and founder, Jeremy Allaire, should not take days to be processed and should be as easy and frictionless as sending an email.
"When's the last time you sent a 'cross-border email'?" Allaire said in an interview. "The idea of cross-border payments is going to completely go away. ... Our vision is for there to be no distinction between international and domestic payments."
Circle, which processed over $1 billion in transactions in 2016 and whose customer base increased more than 10-fold in the year up to last month, does not make money from its payments service, nor does it plan to, as it reckons consumers expect these services to be free.
"We don't think there is any money to be made in payments anymore," said Allaire. "The entire business model of extracting a toll or having time delays around the movement of value is going away completely."
Instead, the company makes money by trading bitcoin and other cryptocurrencies, both on digital currency exchanges and over the counter, at a time when the value of such web-based currencies has reached record highs. Last month alone, Circle traded over $800 million in digital assets, it said in a statement.
In May the company appointed trader Daniel Matuszewski to take over its trading division, following the departure of former treasury and trading operations chief Joshua Lim, the company's head of marketing confirmed.
Word on the Street Friday 6/16/17:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,142.9000 | 1,141.5000 | 1,142.9000 | | 07:18 |
| USD/VND | | | 22,371.0000 | 22,339.0000 | 22,371.0000 | | 07:18 |
| USD/CNY | | | 6.8184 | 6.7955 | 6.8060 | | 07:19 |
| USD/KWD | | | 0.3032 | 0.3028 | 0.3028 | | 07:00 |
| GBP/USD | | | 1.2785 | 1.2759 | 1.2760 | | 07:19 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,311.0000 | 13,279.0000 | 13,282.0000 | | 07:19 |
CNBC Link: http://www.cnbc.com/markets/
DC NY Iraq Articles:
Aboul Gheit discussed with Allawi the referendum of the region and stresses the unity of Iraq
Editorial date: 2017/6/15 13:17 • 8 times read
The Secretary-General of the League of Arab States, Ahmed Aboul Gheit, held a meeting Thursday with the Vice President of the Republic, Iyad Allawi, who is currently visiting Cairo, which dealt with the overall developments in Iraq, especially with regard to the ongoing battle with a preacher in Mosul.
"During the meeting, Aboul Gheit expressed his full support for the ongoing Iraqi efforts to liberate the national territory, cleanse the country of terrorist groups and restore sovereignty over all of Iraq's territory," said Mahmoud Afifi, spokesman for the Secretary-General.
Abul-Gheit added that "a post-urging phase requires great political wisdom and mutual concessions from various parties in order to reach a stable and coherent political situation that would be a deterrent to criminal terrorist schemes."
Afifi noted that the Secretary-General discussed with Allawi the developments of the political situation in the Kurdistan region, stressing the need to adhere to the national state as a framework for the whole spectrum of Iraq, to meet this state aspirations and hopes of various components, regardless of race or sect or religion, Or group, but based on citizenship and the rule of law alone as a basis for governance. "
Aboul Gheit also stressed that "the survival of the unified federal state in Iraq is a powerful component of all its components, but fragmentation and disintegration weaken everyone without exception," according to the spokesman Afifi.
The Spokesman further explained that Aboul Gheit and Allawi agreed on the importance of the Arab League playing a bigger role in the Iraqi arena during the coming period in light of the belief of various components of the political spectrum in Iraq the importance of activating relations and strengthening ties with the Arab environment.
Afifi noted that the Secretary-General discussed with Allawi the developments of the political situation in the Kurdistan region, stressing the need to adhere to the national state as a framework for the whole spectrum of Iraq, to meet this state aspirations and hopes of various components, regardless of race or sect or religion, Or group, but based on citizenship and the rule of law alone as a basis for governance. "
Aboul Gheit also stressed that "the survival of the unified federal state in Iraq is a powerful component of all its components, but fragmentation and disintegration weaken everyone without exception," according to the spokesman Afifi.
The Spokesman further explained that Aboul Gheit and Allawi agreed on the importance of the Arab League playing a bigger role in the Iraqi arena during the coming period in light of the belief of various components of the political spectrum in Iraq the importance of activating relations and strengthening ties with the Arab environment.
The first investment conference was held for the end of July
Editorial date: 2017/6/15 10:56 • 51 times read
(Baghdad: Al Furat News) The Chairman of the Sub-Committee for Investment in the House of Representatives Burhan Mamouri agreed with the National Investment Commission to hold a special investment conference in Diyala province to view all investment opportunities in the province and in various sectors.
In a statement received by the agency {Euphrates News} a copy of it, "he met with the President of the National Investment Commission Sami Araji and it was agreed to hold a special investment conference in Diyala in late July or early August, which will be presented all the investment opportunities available in the province and include various sectors (Agricultural, industrial, health, education, transport, public services, infrastructure projects, housing), "noting that" a committee formed in the National Investment Commission for the preparation and urbanization of this conference. "
He added that "the trend towards investment is the only solution to improve the service and urban reality of the province and funding new projects in the field of infrastructure and job creation for young people, especially in the light of low oil prices and the absence of a state budget to finance these projects, noting that the province and during the past three years did not receive any Amounts within the general budget, which led to the cessation of all projects and the inability to maintain the service needs of citizens with increasing population growth in addition to the widespread phenomenon of unemployment among young people.
Al-Mamouri said that the committee of economy and investment parliamentary was able to complete the new investment law and vote on it in the House of Representatives, which is one of the best investment laws since the emergence of the Iraqi state, where exceeded all previous problems that were impeding the process of investment in all areas and provided facilities and privileges for large domestic and foreign investors And work at the beginning of a single window in coordination with the National Investment Commission. "
He called on "all local and foreign investors to participate in the conference and to see the investment opportunities available in the province of Diyala, noting that the province has a large natural and human resources and a location that allows it to play an important role in the trade process being the link between the north and center of the country and has border crossings with The Islamic Republic of Iran in addition to its proximity to Baghdad. "
He added that "the trend towards investment is the only solution to improve the service and urban reality of the province and funding new projects in the field of infrastructure and job creation for young people, especially in the light of low oil prices and the absence of a state budget to finance these projects, noting that the province and during the past three years did not receive any Amounts within the general budget, which led to the cessation of all projects and the inability to maintain the service needs of citizens with increasing population growth in addition to the widespread phenomenon of unemployment among young people.
Al-Mamouri said that the committee of economy and investment parliamentary was able to complete the new investment law and vote on it in the House of Representatives, which is one of the best investment laws since the emergence of the Iraqi state, where exceeded all previous problems that were impeding the process of investment in all areas and provided facilities and privileges for large domestic and foreign investors And work at the beginning of a single window in coordination with the National Investment Commission. "
He called on "all local and foreign investors to participate in the conference and to see the investment opportunities available in the province of Diyala, noting that the province has a large natural and human resources and a location that allows it to play an important role in the trade process being the link between the north and center of the country and has border crossings with The Islamic Republic of Iran in addition to its proximity to Baghdad. "
Al-Khudari congratulates Al-Sudani on Iraq's victory as an alternate member of the International Labor Organization (ILO)
Editorial date: 2017/6/15 9:56 • 43 times scheduled
(Baghdad: Al-Furat News) The head of the parliamentary bloc Hamed al-Khudari congratulated the Minister of Labor and Social Affairs Mohammed Shiaa al-Sudani, with the victory of Iraq as an alternate member in the elections of the International Labor Organization.
"We congratulate you and all those working with you for this position, which is a national achievement at the international level, which is the result of the great efforts you are making in this field, and we see it as a natural reward for Iraq because our country has high qualifications that qualify it to take the international posts, To the homeland is added to the field victories of the Mujahideen of the popular crowd and the abolition of security forces gangs, calling the terrorist. "
Al-Khudari added, "We congratulate you on this achievement. We affirm that the presence of Iraq in international forums is very important, especially that the country needs to open up to the world through those positions it obtains. We are sure that you will be able to invest that site for Iraq. , And this is what we hope of you, because we have seen you from the seriousness, sincerity and efficiency that qualify you for that.
Al-Khudari added, "We congratulate you on this achievement. We affirm that the presence of Iraq in international forums is very important, especially that the country needs to open up to the world through those positions it obtains. We are sure that you will be able to invest that site for Iraq. , And this is what we hope of you, because we have seen you from the seriousness, sincerity and efficiency that qualify you for that.
Committee: Water and sewage privatization project has no presence in parliament
A member of Iraq's Construction and Services Committee, Awatif Naama, said her committee was not aware of the water and sewage privatization project, noting that "the draft of this project does not exist for approval."
"The government is still in the vortex of the electricity privatization project, which has faced many objections in implementation," Nima told The Journal. "Until now we are still floundering about whether we will continue with the project or stop it."
The parliamentary services committee announced that the privatization of the water and sewage sectors has not yet reached parliament for discussion and approval.
A member of the Parliamentary Services Committee, Nazem Saadi said that "the project submitted by the Ministry of Construction and Housing and Public Municipalities, on the privatization of water and sewage sectors, which aims to facilitate the provision of services to citizens and maximize financial revenues to support the financial budget has not yet reached the parliament."
He added that "projects to privatize the water and sewage sectors need to prepare adequate studies, including ways to provide water services for citizens, and the maintenance of sewage and stations, and sewage and treatment methods.
The Ministry of Construction, Housing and Public Municipalities, announced Saturday (April 29th), that it is moving to privatize the water and sewage sectors to facilitate the provision of services to citizens and access to financial revenues to support the budget.
The Director General of the Directorate of Sewage in the Ministry of Construction and Housing, Fadhil Mohammad Kazem, said in an interview that "the ministry is currently preparing the studies of the privatization project, to address it in the coming years, which includes the provision of services for the net water of citizens, and maintenance of sewage and stations, Health and treatment, taking advantage of in several areas such as the production of electric power.
Kauaihn Iraq Articles:
Iraq doubles its oil exports to America and becomes the first supplier of India
Release date: 2017/6/15 12:22 • 80 times read
The latest data from the International Energy Agency (IEA) showed that Iraq doubled its exports of crude oil to the United States, in return for Saudi Arabia cutting its exports to this destination by more than half.
The agency said that Iraq pumped about 12 million barrels of crude in the first 13 days of June, an increase of 50 percent compared to the same period in April and May.
Bloomberg said in a report on Wednesday that Saudi Arabia is committed to the instructions of the Organization of Petroleum Exporting Countries (OPEC) to reduce production, while Iraq is not strictly committed to it.
Eight oil tankers left the port of Basra heading for the United States, while seven other tankers were poised to move, some of which could also be heading to the same destination. "
IAEA data also showed that Iraq has become the first supplier of crude oil to India.
Bloomberg said Iraq is making gains in key markets around the world.
Brussels, 21 Ramadan 1438H corresponding to 16 June 2017 SPA
The Belgian government announced the extension of the mission of its forces participating in the international coalition against the organization calling the terrorist for another six months.
A spokesman for the Belgian government in Brussels that the decision was taken to extend the mission of the four planes of the type of (F-16) operating in Iraq after the Netherlands decided to withdraw aircraft starting in July.
Belgium has decided to provide an additional 17 million euros to cover the financial costs of the decision.
// is over //
12:41
Bloomberg said in a report on Wednesday that Saudi Arabia is committed to the instructions of the Organization of Petroleum Exporting Countries (OPEC) to reduce production, while Iraq is not strictly committed to it.
Eight oil tankers left the port of Basra heading for the United States, while seven other tankers were poised to move, some of which could also be heading to the same destination. "
IAEA data also showed that Iraq has become the first supplier of crude oil to India.
Bloomberg said Iraq is making gains in key markets around the world.
Powers" welcomes the convening of a reconciliation conference in Baghdad
Baghdad - Journal News
The Union of National Forces (FNP) on Friday welcomed initiatives by Sunni parties to hold a reconciliation conference in Baghdad.
"The coalition of forces bless the real projects away from the personal reconciliation that is in the interest of the Iraqi citizen," said the deputy of the Alliance of Forces, Raad al-Dahlaki, in a statement to the Journal News that "the Sunni forces in Iraq need a real meeting to draw The political process in the next phase. "
Dahlaki expressed his hope that "the reconciliation conference in the capital away from personal gains, and meets the ambition of the component" Sunni "and the drawing of a real political map in the next phase.
As for the date of the elections, Dahlaki said "at the moment is a real confiscation of the votes of the sons of those provinces, which were liberated soon from the control of (Daqsh) and most of them are still between displacement and displacement."
"Those who insist on holding the elections on time are supposed to return the displaced and rebuild the cities first so that the voters have the hope to go to the polls and have a strong and active participation in the elections."
He added that "holding the elections in time on time set in violation of democracy in Iraq and the confiscation of the real votes of the sons of the" Sunni "provinces.
Press reports on the Sunni forces continue to hold conferences outside Iraq to rebuild the Sunni house and to develop a roadmap for the political process in Iraq, at a time called for the Secretary-General of the Arab project, required for the Iraqi judiciary Khamis Al-Khanjar "partners home to sit in Baghdad to chart a new era, Pivotal independent of regional interventions ".
UN Mission in Iraq: We will not disclose the Kurdistan referendum process
Thread Tools Show Printable Version Email this Page ... Subscribe to this Thread ... 15-06-2017 12:41 PM
The Euphrates -
The United Nations Mission in Iraq (UNMIS) denied any involvement in the referendum on the September 25, 2017 referendum in the Kurdistan region.
UNAMI's electoral assistance office held a meeting with UNHCR in the Kurdistan region of Iraq, which does not mean its involvement in the referendum process, according to a UN mission statement. Adding that the mission would like to correct the inaccurate reports that UNAMI will supervise, monitor and support the referendum process.
The Electoral Assistance Office confirmed that it had no intention of engaging in any form with regard to the referendum to be held on 25 September 2017, as announced by the Presidency of the Kurdistan Region by decision No. 2017/106, on 8 June 2017.
UNAMI's electoral assistance office held a meeting with UNHCR in the Kurdistan region of Iraq, which does not mean its involvement in the referendum process, according to a UN mission statement. Adding that the mission would like to correct the inaccurate reports that UNAMI will supervise, monitor and support the referendum process.
The Electoral Assistance Office confirmed that it had no intention of engaging in any form with regard to the referendum to be held on 25 September 2017, as announced by the Presidency of the Kurdistan Region by decision No. 2017/106, on 8 June 2017.
Iraq and Turkey discuss the signing of memorandums of understanding and the reconstruction conference
Iraqi Planning Minister Salman Jumaili on Thursday discussed with a Turkish delegation the signing of memorandums of understanding between the two countries to facilitate trade between the two countries, as well as the convening of a conference on the reconstruction of areas destroyed by the war against the organization.
A statement of planning and response to the twilight news said that al-Jumaili received at his office in the ministry a delegation of Turkey, including a number of general managers and representatives of some ministries, agencies and Turkish companies, as well as the Turkish ambassador in Baghdad Fatih Yildiz.
The two sides stressed during the meeting to seek to develop and activate bilateral relations between the two countries by overcoming all obstacles to the development of those relations.
Among the participants in the Turkish delegation were the Director General of the Quality Control Authority, Director General of Food Control of the Turkish Ministry of Economy, Head of the Turkish Agency for Development (Tikka) Office in Baghdad and others.
The statement pointed out that the meeting dealt with the memorandum of understanding to be signed between Iraq and Turkey in the field of standard specifications and inspections of goods and goods imported by the Iraqi side, as well as discuss another memorandum of understanding concerning the organization of the work of the Turkish Agency for Development in the Ara
He added that the meeting dealt with the role of Turkish companies in the process of reconstruction of liberated areas. The Minister of Planning welcomed Iraq with any international effort or support to contribute to the implementation of the reconstruction plan for the liberated areas.
For his part, the Turkish ambassador in Iraq Fatih Yildiz - according to a statement by the Ministry of Planning - the readiness of his government to hold a conference of businessmen and contractors and investors, Turks and Iraqis, aimed at joint coordination on the reconstruction and tasks that can be carried out by Turkish companies, indicating that this conference, which will be adopted by the Turkish government can be established In Turkey in the coming month of September or September.
The meeting was attended by the head of the Central Organization for Standardization and Quality Control Saad Abdul Wahab and the Director General of International Cooperation in the Ministry of Planning, Ms. Aida Atto.
The British Embassy to Iraqi Journalists: They play a vital role in supporting democracy and uncovering crimes
15-06-2017 11:43 AMBaghdad / Al-Ghad Press:
The British Embassy in Iraq on Thursday congratulated all Iraqi journalists on the occasion of the Iraqi Press Festival, noting that the media plays a role in uncovering a reality that promotes brutality.
"The British Embassy in Iraq congratulates all Iraqi journalists on the occasion of the 148th anniversary of the Iraqi press," the embassy said in a brief statement.
"Freedom of the media plays a vital role in supporting democracy in Iraq and the transfer of facts."
"The media helps to uncover the truth of crimes that promote brutality, failure and suicide in Iraq, so the UK supports freedom of the press all over the world," she said.
Today marks the 148th anniversary of the Iraqi Press Festival, with the Syndicate of Journalists celebrating its celebration.
"The British Embassy in Iraq congratulates all Iraqi journalists on the occasion of the 148th anniversary of the Iraqi press," the embassy said in a brief statement.
"Freedom of the media plays a vital role in supporting democracy in Iraq and the transfer of facts."
"The media helps to uncover the truth of crimes that promote brutality, failure and suicide in Iraq, so the UK supports freedom of the press all over the world," she said.
Today marks the 148th anniversary of the Iraqi Press Festival, with the Syndicate of Journalists celebrating its celebration.
Brussels, 21 Ramadan 1438H corresponding to 16 June 2017 SPA
The Belgian government announced the extension of the mission of its forces participating in the international coalition against the organization calling the terrorist for another six months.
A spokesman for the Belgian government in Brussels that the decision was taken to extend the mission of the four planes of the type of (F-16) operating in Iraq after the Netherlands decided to withdraw aircraft starting in July.
Belgium has decided to provide an additional 17 million euros to cover the financial costs of the decision.
// is over //
12:41
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
GLOBAL/ NEWS/ INFO
OIL/COMMODITIES/ENERGY
Global gold prices gain as stocks fall, weak US data spurs demand
Livemint
Bengaluru: Gold prices edged up on Thursday from a near three-week low hit in the previous session, supported by softer US economic data and a fall in Asian shares following a report that President Donald Trump was being probed for possible obstruction of justice. Read the full story
‘Fearless’ Fed whacks gold, putting futures on track for lowest settlement in 3 weeks
MarketWatch
Gold futures slump Thursday, building on a retreat that started Wednesday afternoon as the Federal Reserve raised interest rates and sounded determined to hike again this year. Read the full story
Oil stays below $45 as alarm bells ring over U.S. supplyInvesting.com
Commodities Jun 15, 2017 12:41 GMT Oil stayed below the $45-per-barrel level on Thursday as sentiment continued to be battered by signals of swelling stockpiles and growing shale production in the U.S. U.S. crude was at $44.45 at 05:00 ET, down 28 cents, or 0.63%. Brent was down 22 cents, or 0.47%, at $46.78. The U.S. Energy Information Administration said that crude oil inventories fell by 1.7 million barrels at the end of last week, disappointing expectations for a decline of around 2.8 Read the full story
Bahamas Petroleum eyes billion barrel prize
Energy Voice
Oil and gas exploration company Bahamas Petroleum is chasing a billion barrel prize as it works towards drilling a prospect near the world’s largest oil market. The update was given in the company’s year end results for 2016, which showed a final cash balance of $1.5 million. Bahamas Petroleum chief executive Simon Potter welcomed the results, and announced that the board would continue to defer a share of their salaries to shares. He said: “The company and board believes it has a world-class Read the full story
Pipeline to the classroom: how big oil promotes fossil fuels to America's children
the guardian
Documents show how tightly woven group of pro-industry organizations target impressionable schoolchildren and teachers desperate for resources This story was a collaboration between the Center for Public Integrity and StateImpact Oklahoma, a reporting project of NPR member stations in Oklahoma. Continue reading... Read the full story
Oil stays below $45 as alarm bells ring over U.S. supplyInvesting.com
Commodities Jun 15, 2017 12:41 GMT Oil stayed below the $45-per-barrel level on Thursday as sentiment continued to be battered by signals of swelling stockpiles and growing shale production in the U.S. U.S. crude was at $44.45 at 05:00 ET, down 28 cents, or 0.63%. Brent was down 22 cents, or 0.47%, at $46.78. The U.S. Energy Information Administration said that crude oil inventories fell by 1.7 million barrels at the end of last week, disappointing expectations for a decline of around 2.8 Read the full story
OIL/COMMODITIES/ENERGY
Global gold prices gain as stocks fall, weak US data spurs demand
Livemint
Livemint
Bengaluru: Gold prices edged up on Thursday from a near three-week low hit in the previous session, supported by softer US economic data and a fall in Asian shares following a report that President Donald Trump was being probed for possible obstruction of justice. Read the full story
‘Fearless’ Fed whacks gold, putting futures on track for lowest settlement in 3 weeks
MarketWatch
MarketWatch
Gold futures slump Thursday, building on a retreat that started Wednesday afternoon as the Federal Reserve raised interest rates and sounded determined to hike again this year. Read the full story
Oil stays below $45 as alarm bells ring over U.S. supplyInvesting.com
Commodities Jun 15, 2017 12:41 GMT Oil stayed below the $45-per-barrel level on Thursday as sentiment continued to be battered by signals of swelling stockpiles and growing shale production in the U.S. U.S. crude was at $44.45 at 05:00 ET, down 28 cents, or 0.63%. Brent was down 22 cents, or 0.47%, at $46.78. The U.S. Energy Information Administration said that crude oil inventories fell by 1.7 million barrels at the end of last week, disappointing expectations for a decline of around 2.8 Read the full story
Bahamas Petroleum eyes billion barrel prize
Energy Voice
Energy Voice
Oil and gas exploration company Bahamas Petroleum is chasing a billion barrel prize as it works towards drilling a prospect near the world’s largest oil market. The update was given in the company’s year end results for 2016, which showed a final cash balance of $1.5 million. Bahamas Petroleum chief executive Simon Potter welcomed the results, and announced that the board would continue to defer a share of their salaries to shares. He said: “The company and board believes it has a world-class Read the full story
Pipeline to the classroom: how big oil promotes fossil fuels to America's children
the guardian
the guardian
Documents show how tightly woven group of pro-industry organizations target impressionable schoolchildren and teachers desperate for resources This story was a collaboration between the Center for Public Integrity and StateImpact Oklahoma, a reporting project of NPR member stations in Oklahoma. Continue reading... Read the full story
Oil stays below $45 as alarm bells ring over U.S. supplyInvesting.com
Commodities Jun 15, 2017 12:41 GMT Oil stayed below the $45-per-barrel level on Thursday as sentiment continued to be battered by signals of swelling stockpiles and growing shale production in the U.S. U.S. crude was at $44.45 at 05:00 ET, down 28 cents, or 0.63%. Brent was down 22 cents, or 0.47%, at $46.78. The U.S. Energy Information Administration said that crude oil inventories fell by 1.7 million barrels at the end of last week, disappointing expectations for a decline of around 2.8 Read the full story
Barclays offers new investment service to 11m customers: should you use it?
The Telegraph
Barclays has expanded its "DIY" investment service with the introduction of a suite of ready-made portfolios. But is the bank's new offering, which is available from £50 a month, good value or are you better off using an alternative? Read the full story
Barclays offers new investment service to 11m customers: should you use it?
The Telegraph
The Telegraph
Barclays has expanded its "DIY" investment service with the introduction of a suite of ready-made portfolios. But is the bank's new offering, which is available from £50 a month, good value or are you better off using an alternative? Read the full story
TREASURIES/ BONDS/ STOCKS
Stock market risk is much greater than we thought
MarketWatch
Why investing in the stock market does not become safer over time. Read the full story
European stocks open lower with central banks on tap; DAX down 0.44%Investing.com
© Reuters. European stocks move lower ahead of central bank decisions Read the full story
Hedge funds are crushing it with a trade that anyone can replicate (EEM, VWO)
Business Insider UK
Charles Platiau/Reuters Hedge funds are using exchange-traded funds to make a killer bet. Markets Insider recently wrote about the most popular ETFs among hedge funds, and it turns out the two most popular funds have something in common. See the rest of the story at Business Insider NOW WATCH: 7 colors that might get you sued See Also: DALIO: The US and UK might be facing a 'downward spiral' CREDIT SUISSE: 18 stocks that hedge funds think are 'fading stars' Billionaire Paul Singer doesn't care Read the full story
CURRENCIES
Why the almighty dollar is headed for a fall — even as Yellen sounds hawkish
MarketWatch
The dollar is shining the day after the Fed hike, but those who think this party is going to run and run are in for a nasty surprise, says our call of the day. Read the full story
Dollar finds traction in wake of Fed’s hawkish bent; pound gains on divided BOE vote
MarketWatch
The dollar firmed Thursday, although with a less pronounced move than the volatile swings seen in immediate reaction to the Federal Reserve’s hawkish line on future interest-rate hikes a day earlier. Read the full story
Pound V euro: GBP lower after wage flop, BoE rate decision to drive exchange rate
Express
THE pound is struggling to make headway after the UK election and data indicating that economic output is likely to slow in the months ahead. Although Sterling enjoyed a bit of a reprieve earlier in the week, it went right back to falling on Wednesday following the release of the UK’s latest employment numbers. The GBP/EUR exchange rate dropped from a high of €1.140 to a low of €1.131 after the report was published. The unemployment rate remained at an over 40-year low of 4.6 per cent, but wage Read the full story
TREASURIES/ BONDS/ STOCKS
Stock market risk is much greater than we thought
MarketWatch
MarketWatch
Why investing in the stock market does not become safer over time. Read the full story
European stocks open lower with central banks on tap; DAX down 0.44%Investing.com
© Reuters. European stocks move lower ahead of central bank decisions Read the full story
Hedge funds are crushing it with a trade that anyone can replicate (EEM, VWO)
Business Insider UK
Business Insider UK
Charles Platiau/Reuters Hedge funds are using exchange-traded funds to make a killer bet. Markets Insider recently wrote about the most popular ETFs among hedge funds, and it turns out the two most popular funds have something in common. See the rest of the story at Business Insider NOW WATCH: 7 colors that might get you sued See Also: DALIO: The US and UK might be facing a 'downward spiral' CREDIT SUISSE: 18 stocks that hedge funds think are 'fading stars' Billionaire Paul Singer doesn't care Read the full story
CURRENCIES
Why the almighty dollar is headed for a fall — even as Yellen sounds hawkish
MarketWatch
MarketWatch
The dollar is shining the day after the Fed hike, but those who think this party is going to run and run are in for a nasty surprise, says our call of the day. Read the full story
Dollar finds traction in wake of Fed’s hawkish bent; pound gains on divided BOE vote
MarketWatch
MarketWatch
The dollar firmed Thursday, although with a less pronounced move than the volatile swings seen in immediate reaction to the Federal Reserve’s hawkish line on future interest-rate hikes a day earlier. Read the full story
Pound V euro: GBP lower after wage flop, BoE rate decision to drive exchange rate
Express
Express
THE pound is struggling to make headway after the UK election and data indicating that economic output is likely to slow in the months ahead. Although Sterling enjoyed a bit of a reprieve earlier in the week, it went right back to falling on Wednesday following the release of the UK’s latest employment numbers. The GBP/EUR exchange rate dropped from a high of €1.140 to a low of €1.131 after the report was published. The unemployment rate remained at an over 40-year low of 4.6 per cent, but wage Read the full story
Forex - USD/CHF edges higher after SNB holdsInvesting.com
Dollar gains ground against Swissie on SNB remarks Read the full story
Kiwi Falls As New Zealand Economic Growth Slows
RTTNews
The New Zealand dollar weakened against the other major currencies in the Asian session on Thursday, after data showed that the nations' gross domestic product grew less than expected on quarter in the first three months of 2017. Read the full story
Rupee trades little changed against US dollar
Livemint
Mumbai: The Indian rupee on Thursday opened marginally stronger but soon erased all the gains and was trading little changed against the US dollar. Read the full story
Forex - USD/CHF edges higher after SNB holdsInvesting.com
Dollar gains ground against Swissie on SNB remarks Read the full story
Kiwi Falls As New Zealand Economic Growth Slows
RTTNews
RTTNews
The New Zealand dollar weakened against the other major currencies in the Asian session on Thursday, after data showed that the nations' gross domestic product grew less than expected on quarter in the first three months of 2017. Read the full story
Rupee trades little changed against US dollar
Livemint
Livemint
Mumbai: The Indian rupee on Thursday opened marginally stronger but soon erased all the gains and was trading little changed against the US dollar. Read the full story
USA
USA
US signs deal to supply F-15 jets to Qatar after Trump terror claims
the guardian
Agreement comes after president accused emirate of ‘high-level funding’ of terrorism and amid Saudi-led embargo The US and Qatar have signed a $12bn deal to supply dozens of F-15 jets to the tiny gas-rich Gulf emirate, despite recent high-profile claims by President Donald Trump alleging Qatar’s “high-level funding” of terrorism. The signing of the deal on Wednesday is the latest twist in the highly contradictory US diplomacy over the crisis around Qatar – now in its second week – with the Read the full story
U.S. industrial production stagnates in May, missing forecastsInvesting.com
© Reuters. U.S. industrial production remains unchanged in May vs. 0.2% forecast Read the full story
Opinion: The Federal Reserve is playing second fiddle to the European Central Bank
MarketWatch
As the Fed tightens monetary policy, the ECB is printing money at a fast pace. Read the full story
US signs deal to supply F-15 jets to Qatar after Trump terror claims
the guardian
the guardian
Agreement comes after president accused emirate of ‘high-level funding’ of terrorism and amid Saudi-led embargo The US and Qatar have signed a $12bn deal to supply dozens of F-15 jets to the tiny gas-rich Gulf emirate, despite recent high-profile claims by President Donald Trump alleging Qatar’s “high-level funding” of terrorism. The signing of the deal on Wednesday is the latest twist in the highly contradictory US diplomacy over the crisis around Qatar – now in its second week – with the Read the full story
U.S. industrial production stagnates in May, missing forecastsInvesting.com
© Reuters. U.S. industrial production remains unchanged in May vs. 0.2% forecast Read the full story
Opinion: The Federal Reserve is playing second fiddle to the European Central Bank
MarketWatch
MarketWatch
As the Fed tightens monetary policy, the ECB is printing money at a fast pace. Read the full story
EMERGING MARKETS
Swiss still top U.N. innovation ranking but emerging markets climbing
Reuters
Emerging markets are climbing up the ranks of the world's most innovative nations, an annual U.N. survey showed on Thursday, although wealthy Western countries led by Switzerland still dominate the top spots. Read the full story
Strategist's 3 Best Picks Include These Bond, Emerging-Market ETFs
Investor's Business Daily
Moderate growth and low inflation in the U.S. have led to much discussion among pundits about the so-called Goldilocks Economy. Unemployment and interest rates remain low, yet GDP growth is steady and stock prices have been rising. A too-hot economy can cause inflation, while a too-cold economy can result in a recession. We are currently treading water somewhere in between, says Philip Blancato, CEO and president of Ladenburg Thalmann Asset Management, which manages about $2.2 billion. He sees Read the full s
EMERGING MARKETS
Swiss still top U.N. innovation ranking but emerging markets climbing
Reuters
Reuters
Emerging markets are climbing up the ranks of the world's most innovative nations, an annual U.N. survey showed on Thursday, although wealthy Western countries led by Switzerland still dominate the top spots. Read the full story
Strategist's 3 Best Picks Include These Bond, Emerging-Market ETFs
Investor's Business Daily
Investor's Business Daily
Moderate growth and low inflation in the U.S. have led to much discussion among pundits about the so-called Goldilocks Economy. Unemployment and interest rates remain low, yet GDP growth is steady and stock prices have been rising. A too-hot economy can cause inflation, while a too-cold economy can result in a recession. We are currently treading water somewhere in between, says Philip Blancato, CEO and president of Ladenburg Thalmann Asset Management, which manages about $2.2 billion. He sees Read the full s
MIDDLE EAST
Iraq is key oil supplier for Asian market
POST Online Media
POST Online Media
As competition among oil producers for major Asian markets intensifies, Iraq has become India’s top crude supplier for a third month in May, surpassing Saudi Arabia. Shipping data compiled by Bloomberg showed, Iraq supplied 1 million barrels a day and those supplies accounted for 23 percent of India’s purchases last month, up from an average 19 pe... Read the full story
UAE bourses likely to hold amid higher foreign investments
Mubasher
Mubasher
By: Mahmoud Gamal Dubai – Mubasher: The UAE stock markets are expected to hold at their current levels on Thursday, amid increased investments by foreign and some institutional investors despite the interest rate rise, analysts told Mubasher. … Read the full story
BAE sold mass surveillance equipment to Saudi Arabia, Qatar and Algerian regimes that could be used against UK
The Independent
The Independent
British arms giant BAE Systems has reportedly made huge sales of sophisticated surveillance technology to repressive regimes across the Middle East, which could be used to threaten the UK’s own national security. Read the full story
Emaar stock acquires 46% of DFM’s liquidity
Mubasher
Mubasher
By: Mahmoud Gamal Dubai – Mubasher: Dubai-listed Emaar Properties acquired 46% of the bourse’s liquidity, amid the news that Emaar Hospitality Group won a new contract in Saudi Arabia, in addition to a plan to offer up to 30% of its UAE property … Read the full story
A
FRICA
ASIA
U.S. to sanction Chinese entities over North Korea if China fails to act
The Japan Times
The Japan Times
U.S. President Donald Trump has told Chinese President Xi Jinping that the United States will impose sanctions on Chinese companies with links to North Korea’s ... Read the full story
Japan eyes weapons sales to Southeast Asia to counter Chinese clout
DW
DW
An international arms exhibition held near Tokyo from June 12-14 gave Japanese weapons manufacturers an excellent opportunity to showcase their high-end armaments and seek export possibilities. Military technology displayed at the show - Mast Asia 2017 - included laser radar surveillance systems, mine-hunting technology, a guided missile destroyer display and a prototype amphibious vehicle model, among other things. Read: German firms eager to access Japan's defense market Japanese giants like Read the full story
Asia-Pacific markets slide after Fed rate hike
MarketWatch
MarketWatch
Asia-Pacific stocks were lower as investors took profits, after a muted reaction in U.S. markets to the Federal Reserve’s rate rise and plan to start shrinking its balance sheet. Read the full story
EUROPE
Bank of England comes closest to voting for a rate rise since 2007
The Globe and Mail
Britain’s economy slowed sharply in first quarter as effect of higher inflation caught up with sluggish wage growth Read the full st
Guy Verhoftstadt says UK faces 'new Europe' if it changes course on Brexit
City A.M.
Guy Verhofstadt has said that if Britain shifts its position on Brexit it will be confronted with a "new Europe". Verhofstadt, the European Parliament's Brexit negotiator, has become vocal about his views on Brexit on Twitter, and today added to a series of tweets he sent out yesterday on how Britain can still change its mind on Brexit. Read more: Farage says May is in a "weak" position ahead of Brexit talks Pointing to a speech he made in the EU parliament yesterday, he said: "If Britain Read the full story
‘Germany must do MORE for investment’ Brussels chief urges Eurozone reform
Express
A LEADING Brussels diplomat has demanded urgent reform of the Eurozone, accusing it of ignoring the 11 million people it serves. Pierre Moscovici, the European Commissioner for economic and finance affairs, called for the European Union to undergo a host of changes to make it more "accountable" to people. He said: “We are deciding behind closed doors the fate of 11 million people." In addition, Mr Moscovici wants Germany to be more open and France to create reform. Read the full story
The Latest: Greeks need help with economy, EU official says
San Francisco Chronicle
LUXEMBOURG (AP) — The Latest on the Greek bailout discussions (all times local): 3:50 p.m. The European Union's top economy official says it's time for the Greek people to see the "light at the end of the tunnel of austerity." Speaking on the sidelines of a meeting of the eurozone's 19 finance ministers, Pierre Moscovici said the Greek government had respected its bailout commitments and that it's now time for the country's creditors to "take theirs." Moscovici said he hoped enough progress will Read the full story
Guy Verhoftstadt says UK faces 'new Europe' if it changes course on Brexit
City A.M.
City A.M.
Guy Verhofstadt has said that if Britain shifts its position on Brexit it will be confronted with a "new Europe". Verhofstadt, the European Parliament's Brexit negotiator, has become vocal about his views on Brexit on Twitter, and today added to a series of tweets he sent out yesterday on how Britain can still change its mind on Brexit. Read more: Farage says May is in a "weak" position ahead of Brexit talks Pointing to a speech he made in the EU parliament yesterday, he said: "If Britain Read the full story
‘Germany must do MORE for investment’ Brussels chief urges Eurozone reform
Express
Express
A LEADING Brussels diplomat has demanded urgent reform of the Eurozone, accusing it of ignoring the 11 million people it serves. Pierre Moscovici, the European Commissioner for economic and finance affairs, called for the European Union to undergo a host of changes to make it more "accountable" to people. He said: “We are deciding behind closed doors the fate of 11 million people." In addition, Mr Moscovici wants Germany to be more open and France to create reform. Read the full story
The Latest: Greeks need help with economy, EU official says
San Francisco Chronicle
San Francisco Chronicle
LUXEMBOURG (AP) — The Latest on the Greek bailout discussions (all times local): 3:50 p.m. The European Union's top economy official says it's time for the Greek people to see the "light at the end of the tunnel of austerity." Speaking on the sidelines of a meeting of the eurozone's 19 finance ministers, Pierre Moscovici said the Greek government had respected its bailout commitments and that it's now time for the country's creditors to "take theirs." Moscovici said he hoped enough progress will Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI is closed on Friday and Saturday
ISX Update:
The ISX is closed on Friday and Saturday
Kauaihn Chatter:
6-15-2017 Newshound Guru Peggy68 ...I was looking and reviewing all of the spread sheets together and I noticed different patterns...I found that matching up Iraq's working days on a calendar with the daily rates going backwards...the pattern had shown that on Mondays the rate was always at its highest and Wednesdays at its lowest most...The Auction spreadsheets had specific days that represented when things were done on a consistent basis inside the bank, such as their Maturity Dates were always on Wednesdays and their Settlement dates were always on Thursdays. There are 30 days between each month’s maturity and settlement dates all on the last Wednesday & Thursday of each month. On June 14th & 21st on one specific spreadsheet all transactions were marked CANCELLED for these day.
6-15-2017 Newshound Guru chattels June 5th is still the last entry date on the C.B.I. FOREIGN EXCHANGE AUCTIONS PDF.6-15-2017 Newshound Guru Phillyman Article: "Officer says army took over Mosul’s Old City entrance, IS trapped" Quotes: "Harz added that the coming 48 hours will see forces invading the district." "Iraqi commanders have recently said that a few hundred IS fighters remained in the Old City, the group’s last refuge in western Mosul..." Very little news seen today and then we have this. Can't imagine the invasion into Old City coming without a great price to pay. Stay tuned.
6-15-2017 Newshound Guru chattels June 5th is still the last entry date on the C.B.I. FOREIGN EXCHANGE AUCTIONS PDF.6-15-2017 Newshound Guru Phillyman Article: "Officer says army took over Mosul’s Old City entrance, IS trapped" Quotes: "Harz added that the coming 48 hours will see forces invading the district." "Iraqi commanders have recently said that a few hundred IS fighters remained in the Old City, the group’s last refuge in western Mosul..." Very little news seen today and then we have this. Can't imagine the invasion into Old City coming without a great price to pay. Stay tuned.
6-15-2017 Newshound Guru Enorrste Next, even though they will be giving up reserves, they will also be reducing the money supply of dinars. Thus, ideally, they should still retain the strongest currency in the world in terms of reserves compared to money supply. So, for example, if the current money supply is 40 billion dinars and the reserves is $60 billion, then if they reduce the money supply to 30 billion dinars the reserves could fall to $45 billion and they would still have 150% coverage of their money supply. Finally, by putting it out front that the banks will be fined if they break the rules, the CBI is essentially forcing them to become "world bankers" who follow the big boy rules. This will set them up for the move to a floating dinar. [post 3 of 3]
6-15-2017 Newshound Guru Enorrste This will have two effects: first, it will put pressure on the market rate to come in line with the official rate. Why would I buy something with 1300 dinar if I could get it for 1160 dinar by simply converting to dollars first (or Euros, etc.). This will stabilize the market rate immediately and begin to bring it in line with the official rate. Second, the exchange of foreign currency for dinars will allow the CBI to destroy the dinars turned in (admittedly for a similar draw down on their reserves, however). The result will put similar pressure on the market rate to begin to bring it in line with the official rate. Of course the exchange will be monitored and limited so that reserves don't disappear. The CBI has ample reserves in comparison to the current money supply of dinars. They could afford to give up even 1/3 of their reserves and still have over 100% coverage of their money supply. ...this is a prudent and simple way to draw down the money supply without affecting day to day commerce...because they will be exchanging with "travelers," people who are doing so not for daily commerce but to go to a foreign country and spend the foreign currency. This will therefore have no affect on liquidity within the country. [post 2 of 3....stay tuned]
6-15-2017 Newshound Guru Enorrste Article: "The central bank prepares banks and transfer 25 million per month" Here is my take on this important development. It occurred to me that what we are seeing here is a plan to use some of the reserves to reduce the money supply in Iraq. The article makes clear that there is not a corruption problem. However, they are still putting some limits on the exchange (dinars for foreign currency). Furthermore...the CBI is making it clear up front that the banks will not be allowed to take advantage of the public who wish to purchase foreign currency. This means that they will be forced to give the foreign currency at the official rate rather than the market rate. As word of this gets out there will be more and more people who will want to surrender their dinars at that rate, thus saving many dinars by getting the foreign currency below the market rate. [post 1 of 3....stay tuned]
6-15-2017 Newshound Guru Enorrste This will have two effects: first, it will put pressure on the market rate to come in line with the official rate. Why would I buy something with 1300 dinar if I could get it for 1160 dinar by simply converting to dollars first (or Euros, etc.). This will stabilize the market rate immediately and begin to bring it in line with the official rate. Second, the exchange of foreign currency for dinars will allow the CBI to destroy the dinars turned in (admittedly for a similar draw down on their reserves, however). The result will put similar pressure on the market rate to begin to bring it in line with the official rate. Of course the exchange will be monitored and limited so that reserves don't disappear. The CBI has ample reserves in comparison to the current money supply of dinars. They could afford to give up even 1/3 of their reserves and still have over 100% coverage of their money supply. ...this is a prudent and simple way to draw down the money supply without affecting day to day commerce...because they will be exchanging with "travelers," people who are doing so not for daily commerce but to go to a foreign country and spend the foreign currency. This will therefore have no affect on liquidity within the country. [post 2 of 3....stay tuned]
6-15-2017 Newshound Guru Enorrste Article: "The central bank prepares banks and transfer 25 million per month" Here is my take on this important development. It occurred to me that what we are seeing here is a plan to use some of the reserves to reduce the money supply in Iraq. The article makes clear that there is not a corruption problem. However, they are still putting some limits on the exchange (dinars for foreign currency). Furthermore...the CBI is making it clear up front that the banks will not be allowed to take advantage of the public who wish to purchase foreign currency. This means that they will be forced to give the foreign currency at the official rate rather than the market rate. As word of this gets out there will be more and more people who will want to surrender their dinars at that rate, thus saving many dinars by getting the foreign currency below the market rate. [post 1 of 3....stay tuned]
6-15-2017 Intel Guru RayRen98 [Do you think it will get out of this month?] Sure, I think it will happen this month... As far as Iraq is concerned we can only depend on what they tell their people, and what they do. ...They keep saying they will have reconciliation at the end of Ramadan, and they have been conditioning their citizens for the cashless society, so that they can revalue with a keystroke... Iraq told their people ‘liberation of Mosul’, and now we’re waiting for the formal announcement although we all know Mosul is liberated. They may hold that announcement until the end of Ramadan. They are saying at that point everything will be hunky-dory, and citizens will love their neighbors, their money, and their country!
6-15-2017 Intel Gurus Frank26 & Delta [What are they doing with the auctions?] We believe they are piggy-backing them for the end of the month – when we expect them to stop. Extra auctions...just in case! It looks like now that these systems in automated...buying and selling is easier/faster. The results of the auctions are coming way-before they used too. The CBI has done a tremendous job on their system and they are ready at a moments notice. The CBI and Allaq...he stated that the auctions are transitional. That’s like a caterpillar turning into a butterfly. We believe that the MR will travel at the speed of light – and now that their equipment can travel at the speed of light...this is obvious what they are preparing to do. IMO – their system is the latest available...perhaps faster than what we have in the USA. This “program rate” is limping on this “high-tech” system. They are preparing for a revaluation – again in my opinion.
6-15-2017 Intel Guru ADMINBILL IRAQ APPEARS TO BE CLEANING UP POCKETS OF RESISTANCE. STABILITY IN IRAQ APPEARS TO BE CLOSE AT HAND. [See latest Mosul Map below- 6-14-2017]
6-15-2017 Intel Gurus Frank26 & Delta [What are they doing with the auctions?] We believe they are piggy-backing them for the end of the month – when we expect them to stop. Extra auctions...just in case! It looks like now that these systems in automated...buying and selling is easier/faster. The results of the auctions are coming way-before they used too. The CBI has done a tremendous job on their system and they are ready at a moments notice. The CBI and Allaq...he stated that the auctions are transitional. That’s like a caterpillar turning into a butterfly. We believe that the MR will travel at the speed of light – and now that their equipment can travel at the speed of light...this is obvious what they are preparing to do. IMO – their system is the latest available...perhaps faster than what we have in the USA. This “program rate” is limping on this “high-tech” system. They are preparing for a revaluation – again in my opinion.
6-15-2017 Intel Guru ADMINBILL IRAQ APPEARS TO BE CLEANING UP POCKETS OF RESISTANCE. STABILITY IN IRAQ APPEARS TO BE CLOSE AT HAND. [See latest Mosul Map below- 6-14-2017]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not posted on English side; 3 pix)
Prime Minister Dr. Haider Al-Abadi: We must build a human being to promote society
Prime Minister Dr. Haider Al-Abbadi said that the scientific monuments have a special and distinctive place in society, Stressing the importance of human development for the renaissance of society.
This came during a meeting with a large group of professors, presidents and deans of colleges and universities. He referred to the support of the state for this important segment of society, which played a key role in the graduation of all specialties required by the country.
Dr. Abbadi renewed his call to remove universities and scientific expositions from political conflicts and conflicts as a place of science and research that serves all the people of the nation.
He recalled the martyrs and the wounded of teachers and students in the incidents of terrorism, stressing that this matter increased the country's determination and determination to promote the advancement of science and education.
He pointed out that Iraq is very close to achieving victory and will then go to reconstruction and construction, which needs many specialties, pointing to the importance of developing the research and practical side that serves the country.
Dr. Abbadi also stressed the importance of upgrading the civil education and sponsorship and that the profit is not based on science and complacency because we will not allow this.
Prime Minister 's Media Office
15 June 2017
***************
ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider Al-Abbadi receives a phone call from King Abdullah Bin Al Hussein
Prime Minister Haidar al-Abadi received on Thursday a telephone call from King Abdullah of Jordan.
During the meeting, they discussed the strengthening of bilateral relations between the two countries in various fields as well as the situation in the region.
During the call, King Abdullah Bin Al Hussein blessed the victories achieved by the terrorist gangs and the approach of liberating the entire Iraqi territory.
They also stressed the cooperation of all in order to fight terrorism and its ideas and to remove its threat from the region.
Prime Minister 's Media Office
During the meeting, they discussed the strengthening of bilateral relations between the two countries in various fields as well as the situation in the region.
During the call, King Abdullah Bin Al Hussein blessed the victories achieved by the terrorist gangs and the approach of liberating the entire Iraqi territory.
They also stressed the cooperation of all in order to fight terrorism and its ideas and to remove its threat from the region.
Prime Minister 's Media Office
15 June 2017
***************
ARTICLE 1-C (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider Al-Abbadi sends a cable of congratulations to journalists on the occasion of the Iraqi Press Festival
Prime Minister Dr. Haider Al-Abbadi congratulated the press family on the occasion of the 128th Iraqi Journalism Day.
"I extend my congratulations and congratulations to the family of the press on the occasion of the 128th Iraqi Journalism Day, wishing them success and success in the context of a responsible national free press that closely followed the facts of the events and highlighted the victories of our security forces against terrorist gangs," he said in a congratulatory telegram.
"I extend my congratulations and congratulations to the family of the press on the occasion of the 128th Iraqi Journalism Day, wishing them success and success in the context of a responsible national free press that closely followed the facts of the events and highlighted the victories of our security forces against terrorist gangs," he said in a congratulatory telegram.
For the rest of the other segments and an example of honest and meaningful professional work, stressing our keenness to provide all the requirements of the press work and protect journalists and freedom of their views, a tribute to the martyrs of the press and the free speech and every year and the Iraqi press and journalists with good.
Prime Minister 's Media Office
15 June 2017
Prime Minister 's Media Office
15 June 2017
*************
ARTICLE 2
Abadi: postponement of the visit of the Prime Minister to Saudi Arabia because of the Saudi-Qatari dispute
BAGHDAD - Iraqi Prime Minister Haider al-Abadi delayed a visit to Saudi Arabia to avoid taking a stand on the dispute between the kingdom and Qatar, Iraqi officials said.
"The visit, which was scheduled on Wednesday, was postponed because" Iraq does not want the visit to be interpreted as a misinterpretation that Iraq is taking sides at the expense of another side, "Jabbar al-Abbadi, a deputy close to the prime minister, told Reuters.
Qatar faces a tough economic and diplomatic boycott by Saudi Arabia and its regional allies, who broke off ties with Doha last week in the worst Gulf Arab dispute in years. They accuse Qatar of funding terrorism, stirring up sectarian unrest and drawing close to their enemy Iran, charges Qatar denies.
Abadi's visit to Saudi Arabia aims to promote reconciliation between the kingdom and Iraq and help heal a deep rift and sharp divisions between Shi'ites and Sunnis in Iraq.
Ebadi's office confirmed that the visit, during which Abadi was due to meet Saudi King Salman bin Abdul Aziz, was postponed until next week. He gave no reasons for the delay. Finished
*************
ARTICLE 3
Britain's Ambassador to Barzani: Time is not right for referendum
2017/6/15 17:54
[Ayna-Erbil]
The British ambassador to Iraq, Frank Baker, head of the Kurdistan region Massoud Barzani, that the time is not appropriate to hold a referendum in the Kurdistan region scheduled for 25 September next.
The British ambassador to Iraq, Frank Baker, head of the Kurdistan region Massoud Barzani, that the time is not appropriate to hold a referendum in the Kurdistan region scheduled for 25 September next.
"Barzani received on Thursday British Ambassador to Iraq Frank Baker and his accompanying delegation at Salah al-Din Resort. During the meeting, they discussed the political and security situation in Iraq, Beyond terrorist gangs, in addition to relations between Erbil and Baghdad. "
The statement added that "the meeting discussed the future relations between Erbil and Baghdad, as well as holding a referendum in the Kurdistan region to determine the fate of the region."
The British ambassador that "his country with the right to decide peoples and determine the fate of nationalities," pointing out that "the time is not appropriate to hold a referendum in the Kurdistan region."
Barzani said that "the people of Kurdistan wants to get to his gains by peaceful means away from violence and wants to establish better relations with Baghdad and neighboring countries."
The statement added that "the meeting discussed the future relations between Erbil and Baghdad, as well as holding a referendum in the Kurdistan region to determine the fate of the region."
The British ambassador that "his country with the right to decide peoples and determine the fate of nationalities," pointing out that "the time is not appropriate to hold a referendum in the Kurdistan region."
Barzani said that "the people of Kurdistan wants to get to his gains by peaceful means away from violence and wants to establish better relations with Baghdad and neighboring countries."
*************
ARTICLE 4
Jubouri calls for an Arab-Islamic conference to bring peace to the region
2017/6/16 8:39
[Ayna-Baghdad]
During a visit to the Turkish capital Ankara on Thursday, Parliament Speaker Salim al-Jubouri called for an Arab-Islamic conference to end the crises and wars in the region and bring peace to them.
During a visit to the Turkish capital Ankara on Thursday, Parliament Speaker Salim al-Jubouri called for an Arab-Islamic conference to end the crises and wars in the region and bring peace to them.
Al-Jubouri's call came during a meeting with a number of ambassadors of Arab and Islamic countries on a breakfast invitation set up by the Iraqi embassy in Turkey.
"The speaker stressed the importance of dialogue in solving problems between some brothers through frank dialogue and the need to cooperate to eliminate terrorism, which has become a scourge of the Arab and Islamic nation."
"In this holy evening, I wish to greet you on my own behalf and on behalf of the people of Iraq and the representatives of their elected legislative authority. I wish your brotherly and friendly people stability, peace and prosperity. The holy days of Ramadan, And the positive and positive human relations that Islam Muhammad Al-Sharif has known and urged for a human society free of hatred, hatred,aggression, wars and bloodshed, which Allah has denied and blessed in its entirety. "
Al-Jubouri added: "You may share my concern with my brothers and friends that our region is undergoing a sharp political turn, which is an overlap in the making of two factors. The internal situation has been manifested in the severe separation between some regimes and their peoples, which has resulted in a violent shift that is almost pushing the region into a war whose results are not promising. And among the workers, our peoples have been, and still are, paying much of their blood and wealth a lot, and face an almost unknown future. "
"It would not have happened if the countries of the region had succeeded in dialogue that led to peace, even if it was hard-fought, no matter how difficult and violent the dialogue was, and how long it lasted, but it was less than an hour of war and its horrors and horrors. The majority saw the advice as a more effective approach rather than interfering in the internal affairs of some of our countries, even if they stopped their efforts to incite each other, and insisted that the gates of each crisis be through the keys of dialogue that is solvent to nervousness and pride. Arab and Islamic House ".
"What we need today, brothers and friends, to get out of the circle of suspicion and suspicion, counterfeit and counterfeit, and the negative political clubs that are hot with hatred and motivation towards the identities of the fanaticism of the Jahiliyyah, and what we need to argue with which is better, instead of arguing with arsenals of weapons that if the money To spend on our hungry and displaced and poor people for what is left hungry and homeless and poor, and popular in people a broader peace and good, and to rid our skies of clouds of black hatred. "
Al-Jubouri said, "Dear brothers and friends, the Iraqi experience with all its pages and images and the intertwining of its trenches and its antagonisms represented a model of what the region is supposed to become, where the patient sectarian tension is based on the heresies of history and the lies of historians and the preachers of the sultans. , And stripped of the sanctities, and nearly Iraq to go to the abyss abyss, perhaps to divide it into cantonal sectarian cantons fighting among themselves on behalf of the other Almtrabs and ambitions.
He pointed out that "had it not been for the determination of the people of Iraq to establish a democratic path to build a constitutional state, the citizen will emerge from the confines of his sectarian identity to his national identity. Despite the great sacrifices that accompanied this determination, dialogue proved the best way out of one narrow vision, And that it is the most effective way to save from the impasse, some of which have manifested themselves in one another. "
"Because of dialogue, insistence on the unity of Iraq and the people and the sky and water, and adhere to the banner of Iraqi citizenship, you have achieved what you have seen from a broad cleansing of the land of Iraq from the desecration of the brutal ignorance ignorant ignorance."
Jubouri said: "We are close to the final elimination of the armed presence of terrorism, and then we will embark on two separate battles: the battle to eliminate the terrorist ideology, its structures, methods and schools, and the battle for the reconstruction of cities where terrorism is no stone, no forest, Historical landmarks and cultural personalities and almost committed a total genocide of the Iraqi nation. "
He pointed out that "what is troubling the self, that some of the brothers and friends is not considered the Iraqi experience, and not read a true and fair reading, and remained clinging to his unilateral vision, in the treatment of any crisis not to be spared another crisis, as if our region has become vulnerable to crises and market for the disposal of weapons World weapons product, in its prohibited and internationally prohibited form. "
"We are calling for an Arab-Islamic conference whose nominal objective is to dismantle the crises in the Arab and Islamic worlds and to completely rejoice so that the region of peace and security of the world can return to it," al-Jubouri concluded by saying: "We do not want to interfere in the affairs of any friend or brother. A gateway to a possible global war. It is not threats, threats and arms arsenals that make human peace. "
"The speaker stressed the importance of dialogue in solving problems between some brothers through frank dialogue and the need to cooperate to eliminate terrorism, which has become a scourge of the Arab and Islamic nation."
"In this holy evening, I wish to greet you on my own behalf and on behalf of the people of Iraq and the representatives of their elected legislative authority. I wish your brotherly and friendly people stability, peace and prosperity. The holy days of Ramadan, And the positive and positive human relations that Islam Muhammad Al-Sharif has known and urged for a human society free of hatred, hatred,aggression, wars and bloodshed, which Allah has denied and blessed in its entirety. "
Al-Jubouri added: "You may share my concern with my brothers and friends that our region is undergoing a sharp political turn, which is an overlap in the making of two factors. The internal situation has been manifested in the severe separation between some regimes and their peoples, which has resulted in a violent shift that is almost pushing the region into a war whose results are not promising. And among the workers, our peoples have been, and still are, paying much of their blood and wealth a lot, and face an almost unknown future. "
"It would not have happened if the countries of the region had succeeded in dialogue that led to peace, even if it was hard-fought, no matter how difficult and violent the dialogue was, and how long it lasted, but it was less than an hour of war and its horrors and horrors. The majority saw the advice as a more effective approach rather than interfering in the internal affairs of some of our countries, even if they stopped their efforts to incite each other, and insisted that the gates of each crisis be through the keys of dialogue that is solvent to nervousness and pride. Arab and Islamic House ".
"What we need today, brothers and friends, to get out of the circle of suspicion and suspicion, counterfeit and counterfeit, and the negative political clubs that are hot with hatred and motivation towards the identities of the fanaticism of the Jahiliyyah, and what we need to argue with which is better, instead of arguing with arsenals of weapons that if the money To spend on our hungry and displaced and poor people for what is left hungry and homeless and poor, and popular in people a broader peace and good, and to rid our skies of clouds of black hatred. "
Al-Jubouri said, "Dear brothers and friends, the Iraqi experience with all its pages and images and the intertwining of its trenches and its antagonisms represented a model of what the region is supposed to become, where the patient sectarian tension is based on the heresies of history and the lies of historians and the preachers of the sultans. , And stripped of the sanctities, and nearly Iraq to go to the abyss abyss, perhaps to divide it into cantonal sectarian cantons fighting among themselves on behalf of the other Almtrabs and ambitions.
He pointed out that "had it not been for the determination of the people of Iraq to establish a democratic path to build a constitutional state, the citizen will emerge from the confines of his sectarian identity to his national identity. Despite the great sacrifices that accompanied this determination, dialogue proved the best way out of one narrow vision, And that it is the most effective way to save from the impasse, some of which have manifested themselves in one another. "
"Because of dialogue, insistence on the unity of Iraq and the people and the sky and water, and adhere to the banner of Iraqi citizenship, you have achieved what you have seen from a broad cleansing of the land of Iraq from the desecration of the brutal ignorance ignorant ignorance."
Jubouri said: "We are close to the final elimination of the armed presence of terrorism, and then we will embark on two separate battles: the battle to eliminate the terrorist ideology, its structures, methods and schools, and the battle for the reconstruction of cities where terrorism is no stone, no forest, Historical landmarks and cultural personalities and almost committed a total genocide of the Iraqi nation. "
He pointed out that "what is troubling the self, that some of the brothers and friends is not considered the Iraqi experience, and not read a true and fair reading, and remained clinging to his unilateral vision, in the treatment of any crisis not to be spared another crisis, as if our region has become vulnerable to crises and market for the disposal of weapons World weapons product, in its prohibited and internationally prohibited form. "
"We are calling for an Arab-Islamic conference whose nominal objective is to dismantle the crises in the Arab and Islamic worlds and to completely rejoice so that the region of peace and security of the world can return to it," al-Jubouri concluded by saying: "We do not want to interfere in the affairs of any friend or brother. A gateway to a possible global war. It is not threats, threats and arms arsenals that make human peace. "
*************
ARTICLE 5
Urgent liberation of four villages and a military manufacturing facility and a water purification plant west of Mosul
[Ayna-Baghdad]
Yanui Liberation Operations Command announced the liberation of four villages, a military manufacturing plant and a water purification plant west of Mosul.
Yanui Liberation Operations Command announced the liberation of four villages, a military manufacturing plant and a water purification plant west of Mosul.
"The 15th Infantry Division has liberated the villages of Al-Buwair, Al-Zaqqa, Salam, Al-Mansur, Al-Mansour Military Manufacturing Station and Al-Buwair Water Purification Plant," the statement said. Al-Kask Al-Halabi road west of Mosul. "
*************
ARTICLE 6
Urgent liberation of Bab Sinjar neighborhood in Ayman Mosul
2017/6/15 16:32
[Ayna-Baghdad]
Yanbui Operations Command announced the liberation of Bab Sinjar district on the right side of Mosul city.
Yanbui Operations Command announced the liberation of Bab Sinjar district on the right side of Mosul city.
A statement issued by the Iraqi Army's Al-Iraqiya news agency received a copy of today's commander of the operations of the Yemeni team, Lieutenant General Abdul Amir Rasheed Yarallah. "The 9th Armored Division liberated the Bab Sinjar neighborhood and signed a petition with Al-Farouk neighborhood on the right side of Mosul, Iraqi flag is high on its buildings. "
*************
ARTICLE 7
In anticipation of security breaches .. Cancel the revival of the last ten days of Ramadan in Mosul
Nineveh, June 16 - The director of the Sunni Waqf in the city of Mosul, Abu Bakr Kanaan, has announced that mosques and mosques are not open in Nineveh province to revive the last ten nights of Ramadan.
He said in a statement that "after the meeting of the Department of Endowments with the security leaders and put the issue of the possibility of opening mosques to revive the last ten of Ramadan and to maintain the tranquility of the province and the safety of our people and to prevent a security breach by the weak souls and to miss the opportunity to deprive our people in Nineveh of joy Secondly, the Waqf Administration decided not to open the mosques to revive the last ten days of Ramadan and all our associates must abide by this decision. " Finished
No comments:
Post a Comment