New Gazettte out and I find some of the things posted interesting:
The new issue of the newspaper Iraqi realities (4449), which included the final accounts of the Republic of Iraq and the laws approved by Parliament and ratified by the Presidency.
Director-General of the Department said us shada Abdul Malik: that number (44499) rounding Act amounts (64) of the year 2017, explaining the rationale for the legislation.This law is the official State services authorization validity rounded amounts in vouchers and catch the consistent with the current currency in favor of the public Treasury.
The Director General said: the number of Iraqi National Paralympic Committee Act (655) of the year 2017, the final account of the 2008 Iraq ratified the decision of the House of representatives (28) of 2016, and final account of the Republic of Iraq for 2009 approved the decision of the House of representatives (27) for the year 2016.
Director-General of the Department said us shada Abdul Malik: that number (44499) rounding Act amounts (64) of the year 2017, explaining the rationale for the legislation.This law is the official State services authorization validity rounded amounts in vouchers and catch the consistent with the current currency in favor of the public Treasury.
The Director General said: the number of Iraqi National Paralympic Committee Act (655) of the year 2017, the final account of the 2008 Iraq ratified the decision of the House of representatives (28) of 2016, and final account of the Republic of Iraq for 2009 approved the decision of the House of representatives (27) for the year 2016.
Word on the Street Thursday 6/8/17:
TNT CONFERENCE CALL WEDNESDAY 6/7/17 DCNY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Wednesday hump day. There is no new information today so we will just review what you already know what has been put out there. Nothing brand new has come to me by the way of important information. What has happened since Monday? We did have Tuesday Info which I sent out to you, and we can review that info. On Tuesday on Iraqi TV, PM Abadi said Mosul has returned to normal life. Citizens are back on the streets and back in their homes. The new Iraq maps have shown nothing has changed, but certain bits of info tell us otherwise. Most of you are receiving what I call the public information except what we share from you from the information providers. We had the CBI representative was interviewed saying the next step includes the lower denoms which is good to hear. Iraq military has already annouced full control of the borders, and they are in the hands of Iraq. Some of the public news is trailing and may even be a little contradictory for whatever reason that may be. One of the interesting things was Jubouri was on Iraqi TV saying how they can sustain a rate of 1.3 on IQD based on the oil richness. What would that equate tooin USD? That is the question. If it were to go to 1.3 IQD instead of the 1180 program rate. Also reporting that the Kurds have no disputes. Plus a number of citizens were told that they will be paid $2000 each. The information didn't say if it is 2000 dinar or dollars. More than likely 2000 dinar. Several articles are out on that already. Let see what the members on the board have to say. Q and A: Q: Have you received an updated from the bank providing guidance and update with that banks dinar exchange procedure? Ray: No update on that yet. Q: Are the Iraq government going to start paying their citizens a pension check based on oil profits like it is done for the citizens of Kuwait? Ray: Yes Q: What is the political process for a currency to revalue? Ray: Laws passed, declarations etc...We know it is about to pop because certain things have already happened Q: My understanding is we go ahead of the public as the internet group. Is that your understanding? Ray: Yes it is. Callers: 404 Catnip: I noticed on the chat room the clock was ticking there. I noticed the clock isn't ticking there. Is there a reason? Ray: I just didn't want it ticking through the whole call, since it may be distracting to people. I would say the clock is ticking, since look where we are with information and look whats coming out of Iraq. Catnip: I want you to say the clock has stopped. Ray: I don't know and we have this June 10th date that some are fixated on, and June 12 has already been announced as a celebration for the soldiers. What are the celebrating? Like we don't know already. We are on pins and needles and which day will they let this go knowing it is inevitable? The clock is ticking in that regard, but don't know if it is ticking for today, Thursday or Friday. Catnip: We have been talking about the fact that there needs to be an announcement knowing weeks ago what you shared with us that Mosul was taken yet we see in the Iraqi newspapers neighborhood by neighborhood and by district all the fighting that is going on.. This was said today in and the headline said we will announce the liberation of western Mosul within 2 days and we will occupy the Iraq Syrian border. I know we are looking for an announcement and could this be the preannouncement? It tells us they are announcing the liberation of June 9th going into the 10th which segways into eveything you have told us. Ray: Look at that info the Syrian border and we already have info the full control by Iraq and that is occupying the border. This seems to be a play on words and they have to do it that way. They are saying Everything is back to normal but thats not normal. That is an announcement for me. Catnip: we are all so ready for this and can't thank you enough. Caller: 340 Virgin Island We are down to the wire. Do you see any possiblity that the ZIM could go after the Dinar? Ray: That is possible, and I hope they do something like that. Just let the Dinar go ahead of everyone else, and then the others could go one by one. Caller: I know of someone paying 1 billion for a quad. Ray: If you know that, I will need to talk to you. Give me a call. Caller: Tish: Please ask 340 to define a Quad. Remember 404 in that article it states that Abadi has to make the announcement, and it states we are just waiting for orders from Prime Minister and Commander in Chief. It is further proof that everything is done, and we are just waiting for what we don't know Tick Tick Tick. Ray: I know what a quad is. Ray: We know it is already done and just waiting for the proclamation. Ray's Wrapup: This is hump day. Look at all that has happened already and what is yet to happen.We have 3 dates we are looking at with no 100% deadlock on any of them. First we are looking at the 10th since that is the date when ISIS first kicked in and possibly could be the anniversary of ISIS being out. Plus making it official on that date. The we have the 12th, and we know that is the date of celebration planned for the soldiers? What are we celebrating? Lets wait and see what the celebration is all about knowing what it will be and where this is heading. If all else fails, some of us still have the 30th of June that we at steadfastly attached to. As long as we get it over in June, I am fine. Whether it is the 10th, 12th, or 30th, lets knock it out of the park, so we can start doing something in July. So we await. Any new information that comes to us, I will send out a text message or tweet to update you. If it warrants a telephoen call, the we will reconvene back on the line and give info to you in a live format. One way or another, we are just patiently waiting. Enjoy you Wednesday! I Believe! How about you? It is already done! Rayren98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,141.4000 | 1,136.8000 | 1,136.8000 | | 07:08 |
| USD/VND | | | 22,336.0000 | 22,258.0000 | 22,258.0000 | | 07:08 |
| USD/CNY | | | 6.7992 | 6.7856 | 6.7968 | | 07:14 |
| USD/KWD | | | 0.3029 | 0.3026 | 0.3027 | | 06:13 |
| GBP/USD | | | 1.2976 | 1.2935 | 1.2963 | | 07:14 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,314.0000 | 13,285.0000 | 13,313.0000 | | 07:08 |
CNBC Link: http://www.cnbc.com/markets/
CNBC Morning Squawk Link:
DC NY Iraq Articles:
World reserves of gold rise in June and Iraq maintains fifth place in the Arab world
08-06-2017 01:45 PM
The Euphrates -
The World Gold Council said that the world's reserves of gold rose in June, noting that Iraq has maintained the fifth rank of Arab world reserves.
The world's reserves of gold rose for the month of June by 51 tons from May to 33 thousand and 425 tons, while the United States ranked first in the world in terms of reserves, which amounted to 8.133.5, followed by Germany B 3.377 tons.
The Council added that Iraq has maintained the fifth rank in the Arab world in terms of these reserves, which came after all of Saudi Arabia, Lebanon, Algeria and Libya, noting that Iraq also maintained the rank of 37 out of the world's 100 countries listed in the international financial statistics of the global reserves of gold during the month of June this year 2017. He pointed out that Iraq's gold reserves remained stable, recording 89.8 tons, representing 8.0 of the rest of the other currencies, stressing that the last purchase of Iraq from gold was in April 2014, where he bought 15.16 tons.
The Council added that Iraq has maintained the fifth rank in the Arab world in terms of these reserves, which came after all of Saudi Arabia, Lebanon, Algeria and Libya, noting that Iraq also maintained the rank of 37 out of the world's 100 countries listed in the international financial statistics of the global reserves of gold during the month of June this year 2017. He pointed out that Iraq's gold reserves remained stable, recording 89.8 tons, representing 8.0 of the rest of the other currencies, stressing that the last purchase of Iraq from gold was in April 2014, where he bought 15.16 tons.
The document: the adoption of the unified national card with governmental and non-governmental bodies to prove the identity of the owner
08-06-2017 01:18 PM Baghdad News - The document, issued Thursday by the General Secretariat of the Council of Ministers, addressed to the Supreme Judicial Council and ministries and non-associated with the Ministry and the provinces and all councils, stresses the need to act by the Council of Ministers No. 361 for the year 2015.
The resolution provides for the adoption of a unified national card for governmental and non-governmental entities to prove the identity of the owner, to be an alternative to citizenship and a certificate of nationality.
The document said that the Directorate of Civil Status, Passports and Residence is fully prepared to equip all governmental institutions with the digital reader of the national card, as well as training the companies nominated by the institutions to work on the system
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The resolution provides for the adoption of a unified national card for governmental and non-governmental entities to prove the identity of the owner, to be an alternative to citizenship and a certificate of nationality.
The document said that the Directorate of Civil Status, Passports and Residence is fully prepared to equip all governmental institutions with the digital reader of the national card, as well as training the companies nominated by the institutions to work on the system
Allawi appreciates Japan's role in supporting and assisting Iraq
(Independent) .. Vice President of the Republic Iyad Allawi, on Thursday, the need to provide the necessary support to the private sector as the most important pillars of development, while called on Japanese companies to contribute in this area through projects that contribute to the rehabilitation and development of infrastructure.
During his visit to the Japanese embassy in Baghdad, Allawi praised the role of Japan in supporting and supporting Iraq politically and economically as well as the relief and humanitarian sides, stressing the importance of expanding cooperation horizons with Japan and its friendly people and benefiting from its great experiences in the development of economic and industrial projects.
He also stressed the importance of activating the private sector to take its role in contributing to economic and social development, taking advantage of the success achieved by Japan in this regard, which requires further cooperation and coordination between the two friendly countries.
For his part, the Japanese Ambassador praised the ideas and visions put forward by Dr. Iyad Allawi during the meeting, stressing his country's readiness to enhance the prospects of cooperation between the two countries in all sectors.
Baghdad province plans to install sonar devices to detect explosives at the entrances of the capital
Release date: 2017/6/7 11:16 • 75 times read
(Baghdad: Al-Furat News) Baghdad governor Atwan al-Atwani announced the intention of the province to install a number of modern sonar (Rbscan) modern at the entrances to the capital to detect explosives and car bombs.
A statement of his office received the agency {Euphrates News} a copy of Atawani as saying that "these devices are characterized by high accuracy to detect car bombs and suspicious entering the capital through the entrances," stressing that "will be transferred to the places allocated after the completion of procedures received by the security services in Baghdad Operations Command "g
He pointed out that "the impression of the technical staff to lead the operations was good in terms of modernity and the work and accuracy of this security system that will secure the entrances of the capital in full.
In accordance with the provisions of Law No. 3 of 2016 and pursuant to article 35, paragraph 1, the directive concerned the adoption of a national card for governmental and non-governmental entities in establishing the identity of the owner and the definition of his Iraqi nationality.
He pointed out that "the impression of the technical staff to lead the operations was good in terms of modernity and the work and accuracy of this security system that will secure the entrances of the capital in full.
In accordance with the provisions of Law No. 3 of 2016 and pursuant to article 35, paragraph 1, the directive concerned the adoption of a national card for governmental and non-governmental entities in establishing the identity of the owner and the definition of his Iraqi nationality.
Baghdad Council: Government projects in statements only and no official presence
BAGHDAD (Reuters) - Baghdad's provincial council on Wednesday warned of the loss of strategic projects in the capital, exposing some of them to being extinct and stolen due to neglect and austerity.
Council member Fadhil al-Shuwaili told Al-Jaznal News that "the projects talked about by the government are mere media statements and there are no official books to launch them." He warned against "wasting public money because of these projects."
He added that "Baghdad province spent tens of billions on important projects, but stopped by order of the federal government," calling for "to develop appropriate solutions to maintain those projects or give them to investors within the controls and laws."
He called on the competent authorities to protect the projects of the province of theft and loss because it cost the budget of the local government tens of billions
Darraji: Integrity cooperate with the US Treasury on the disappearance of $ 60 billion
07-06-2017 12:59 PM
The Euphrates -
Member of the Finance Committee Representative Rahim Darraji called on the Integrity Commission to cooperate with the US Treasury on the disappearance of funds belonging to Iraq worth more than 60 billion dollars, indicating that these funds were manipulated at the time of successive governments and the time of the civil governor Paul Bremer.
He said in a press statement that Iraq and from 2003 to 2014 was the proceeds of sales of oil exported abroad deposited in the Development Fund (DFI), protected by a presidential decree of the President of the United States on the grounds that Iraq was owed more than $ 100 billion dollars to countries because of the policies of the former regime There is a fear that they will be seized by those States that request Iraq for such funds. Adding that the Development Fund had problems since 2003 until the departure of the civil governor Paul Bremer, noting that the funds that are problematic and according to the words of the inspector estimated more than $ 60 billion dollars and do not know how was disbursed, some of them were spent without bonds and another section was disbursed receipts Without knowing what it is.
Al-Daraji pointed out that these funds were manipulated during successive governments and in the time of the civil governor, calling on the Integrity Commission to adopt the report of the American Inspector General and cooperate with the US Treasury to search for the fate of those Iraqi funds that disappeared without knowing where it went and what is its fate.
He said in a press statement that Iraq and from 2003 to 2014 was the proceeds of sales of oil exported abroad deposited in the Development Fund (DFI), protected by a presidential decree of the President of the United States on the grounds that Iraq was owed more than $ 100 billion dollars to countries because of the policies of the former regime There is a fear that they will be seized by those States that request Iraq for such funds. Adding that the Development Fund had problems since 2003 until the departure of the civil governor Paul Bremer, noting that the funds that are problematic and according to the words of the inspector estimated more than $ 60 billion dollars and do not know how was disbursed, some of them were spent without bonds and another section was disbursed receipts Without knowing what it is.
Al-Daraji pointed out that these funds were manipulated during successive governments and in the time of the civil governor, calling on the Integrity Commission to adopt the report of the American Inspector General and cooperate with the US Treasury to search for the fate of those Iraqi funds that disappeared without knowing where it went and what is its fate.
Kauaihn Iraq Articles:
Abadi: Qatari money is held by the Central Bank
08-06-2017 01:27 PM
The Euphrates -
BAGHDAD (Reuters) - Iraq's central bank is holding hundreds of millions of dollars and other European currencies that entered the country on a Qatari plane that landed in Baghdad last April and checks the legality of its entry, Prime Minister Haider al-Abbadi said.
The money was extracted from a Qatari plane at Baghdad airport, after it was to be paid as part of a deal to release Qatari fishermen kidnapped in Iraq.
Abadi said during a meeting with journalists and academics in his office in Baghdad yesterday evening that Baghdad is investigating the source of this money, which is worth 250 million euros and 50 million dollars, saying that they are held by the Central Bank of Iraq. He pointed out that there is a specialized team investigating the entry of these funds to the land With the participation of a representative of the State of Qatar.
The money was extracted from a Qatari plane at Baghdad airport, after it was to be paid as part of a deal to release Qatari fishermen kidnapped in Iraq.
Abadi said during a meeting with journalists and academics in his office in Baghdad yesterday evening that Baghdad is investigating the source of this money, which is worth 250 million euros and 50 million dollars, saying that they are held by the Central Bank of Iraq. He pointed out that there is a specialized team investigating the entry of these funds to the land With the participation of a representative of the State of Qatar.
Abadi said that the money was extracted from the bags under the supervision of representatives of the Supreme Judicial Council and the Iraqi intelligence services in addition to a party representing the Qatari side and experts from the Central Bank of Iraq to put them under legal follow-up.
Al Fadila announces its rejection of the decision of some Kurdish powers to prepare for the referendum on the Independence of Kurdistan
http://translate.
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"Powers" object to Russia's assumption of the protection of Iraq's borders
The bloc of the "Union of Power" parliamentary opposition to the letter of Russian President Vladimir Putin addressed to Prime Minister Haider Abadi, and included an offer to protect Iraq's borders with its neighbors, stressing that the Iraqi armed forces of all types and formations able to secure those borders.
"We will not object to Iraq having good relations with all countries, including Russia, but this does not mean that Iraq is part of the Russian axis at the expense of the axis of the (international coalition) that it is leading," bloc leader Ahmad al-Masari told the Journal News on Wednesday. United States. "
"Iraqi forces are able to protect the borders and secure the liberated areas without any state," he said.
Moscow's ambassador to Baghdad, Maxime Maximov, delivered a message from Putin a few days ago, in which he stressed Russia's readiness to secure the Iraqi border to prevent the infiltration of terrorists
Barzani party criticizes the presence of Turkish Kurds in "Sinjar"
The Kurdistan Democratic Party, the parliamentary wing of Massoud Barzani, expressed its surprise at the silence of the federal government in Baghdad regarding the survival of elements of the Kurdistan Workers' Party (PKK) opposed to Turkey in the Sinjar district, considering their presence as a threat to Iraq's security.
"The Labor Party ... has lost its struggle history after it has plunged itself into internal conflicts far from its revolutionary ideology," said Kurdish MP Benjamin Shaukat in a statement to the Journal News.
He added that "the people of (Sinjar) will not prolong their silence on the continued presence of" ppk "in their areas and acquisition of them, so they have to leave them," and called Baghdad to use a stronger language and stronger against the elements "outlawed," as he put it.
The statements of MP Shaukat appeared to be an extension of the "raging" differences between the Barzani party and the Kurdistan Workers' Party (PKK), which accuses the Kurdistan Democratic Party of conspiring with Ankara against their own people.
Turkey, the United States and the European Union classify the party as a terrorist organization. The PKK has been waging armed attacks for three decades in southeast Turkey and has camps in the northern Kandil mountains near the Turkish border.
Jordan demands one billion dollars-debts from Iraq
The Jordanian Central Bank said that the debt figures reached to 1.08 billion dollars till the end of the last year, 2016.
The bank added that these debts resulted from commercial exchange agreements and the Jordanian government was unable to collect them despite the negotiations between the two sides.
Iraq and Jordan had two protocols, the first was commercial and the second oil one, where Jordan will have its oil needs with preferred prices and exporting Jordanian commodities to be paid from Iraqi oil shipments.
The two countries held a number of negotiations to close this financial dossier, but no results were reached.
Iraq called the Jordanian authorities to hand over the frozen funds at their banks
On the other side, the Jordanian private sector called for paying the costs of the commodities exported according to the signed trade protocol between the two sides
Iraqi parliament condemns terrorist bombings in Tehran
Political Since 2017-06-07 at 12:50 (Baghdad time) Baghdad Mawazine News
The Foreign Relations Committee of the Iraqi Council of Representatives on Wednesday condemned the terrorist bombings in the Iranian capital Tehran.
"We condemn the two terrorist bombings that took place this morning near the tomb of Imam Khomeini and in the Iranian parliament building, and resulted in the deaths of a number of martyrs and wounded," member Khalid al-Asadi said in a statement received by Mawazine News.
A suicide bomber blew himself up at the tomb of Khomeini, followed by another bombing and gunmen attacked the headquarters of the parliament. .
Kauaihn Economic Times:
GLOBAL/NEWS/INFO
Global economy set to grow 3.5%, while US gets downgrade for slower projected growth
CNBC
The OECD has forecast that the global economy is on course for its fastest growth in close to six years but has warned that countries need to strive to do better. Read the full story
10 money terms to understand if you want to be rich
Business Insider
Compound interest can make your money, and your debt, grow faster. Do you ever have those dreams where you're back in high school and fear failure because you haven't studied for a test? Many people have the same uneasy feeling about their personal finances when they don't know the language of money. Such a lack of knowledge can do a lot more harm than just one bad grade. Here are 10 essential terms you must know so you can improve your financial literacy and take control of your money. You've Read the full story
GLOBAL/NEWS/INFO
Global economy set to grow 3.5%, while US gets downgrade for slower projected growth
CNBC
CNBC
The OECD has forecast that the global economy is on course for its fastest growth in close to six years but has warned that countries need to strive to do better. Read the full story
10 money terms to understand if you want to be rich
Business Insider
Business Insider
Compound interest can make your money, and your debt, grow faster. Do you ever have those dreams where you're back in high school and fear failure because you haven't studied for a test? Many people have the same uneasy feeling about their personal finances when they don't know the language of money. Such a lack of knowledge can do a lot more harm than just one bad grade. Here are 10 essential terms you must know so you can improve your financial literacy and take control of your money. You've Read the full story
BANKS / BANKING
Congress could free up banks to do business with marijuana companies
MarketWatch
A bipartisan amendment is under consideration by Congress this week that would allow federally-regulated banking institutions to do business with marijuana companies without fear of federal repercussions. Read the full story
Federal regulator is looking into allegedly inappropriate charges in Wells Fargo mortgage practices
Business Insider
The Consumer Financial Protection Bureau is conducting an investigation into alleged improprieties in Wells Fargo's mortgage fee practices. The CFPB is looking into allegations, first reported by ProPublica in January, that the bank inappropriately charged customers fees to extend their promised interest rates when their paperwork was delayed. The CFPB probe is in its early stages, according to a person familiar with it, and there is no certainty that the agency will take action. The CFPB has Read the full story
European bank bailout soothes markets
Sky News Australia
European banking stocks have been prodded higher in financial markets from Spain's banks. Read the full story
BANKS / BANKING
Congress could free up banks to do business with marijuana companies
MarketWatch
MarketWatch
A bipartisan amendment is under consideration by Congress this week that would allow federally-regulated banking institutions to do business with marijuana companies without fear of federal repercussions. Read the full story
Federal regulator is looking into allegedly inappropriate charges in Wells Fargo mortgage practices
Business Insider
Business Insider
The Consumer Financial Protection Bureau is conducting an investigation into alleged improprieties in Wells Fargo's mortgage fee practices. The CFPB is looking into allegations, first reported by ProPublica in January, that the bank inappropriately charged customers fees to extend their promised interest rates when their paperwork was delayed. The CFPB probe is in its early stages, according to a person familiar with it, and there is no certainty that the agency will take action. The CFPB has Read the full story
European bank bailout soothes markets
Sky News Australia
Sky News Australia
European banking stocks have been prodded higher in financial markets from Spain's banks. Read the full story
Spanish bank on the brink of failure is snapped up by larger rival for a euro
CNBC
Spain's Banco Popular is facing a cash crunch and is likely to fail, declared the ECB on Wednesday, as it announced the lender's takeover by Santander. Read the full story
Banco Santander pays 1 euro for Banco Popular to create Spain's biggest bank
MarketWatch
Spain's Banco Santander SA said Wednesday it will take over struggling Banco Popular Espanol SA for the symbolic price of 1 euro, creating the country's largest bank by lending and deposits, according to a press statement. Shares of Banco Popular have more than halved year-to-date as the bank has struggled under the weight of bad loans leftover from the 2008 crisis. On Tuesday, the European Central Bank said Popular was failing or likely to fail, owing to a significant deterioration in its Read the full story
Santander rescues struggling rival Banco Popular after ECB says bank is likely to fail
Proactive Investors
Spanish bank Banco Santander (LON:BNC) is paying €1 to rescue its smaller rival Banco Popular from the brink of collapse. Santander will take over full ownership of Popular’s shares and debt after the European Central Bank said the bank was likely to fail following a deterioration in its liquidity situation. A €7bn fundraising by Santander will be carried out to cover the capital and provisions needed to boost Popular’s balance sheet. Popular’s shares have plunged 53% since the beginning of last Read the full story
The Proof Showing Banks Are Worried about Mortgage Debt
The Daily Reckoning
What’s a sign a bank has overleveraged itself and doesn’t want you to know about it? They make sudden changes and reassure you it’s about ‘regulations’. The post The Proof Showing Banks Are Worried about Mortgage Debt appeared first on Markets and Money. Read the full story
Spanish bank on the brink of failure is snapped up by larger rival for a euro
CNBC
CNBC
Spain's Banco Popular is facing a cash crunch and is likely to fail, declared the ECB on Wednesday, as it announced the lender's takeover by Santander. Read the full story
Banco Santander pays 1 euro for Banco Popular to create Spain's biggest bank
MarketWatch
MarketWatch
Spain's Banco Santander SA said Wednesday it will take over struggling Banco Popular Espanol SA for the symbolic price of 1 euro, creating the country's largest bank by lending and deposits, according to a press statement. Shares of Banco Popular have more than halved year-to-date as the bank has struggled under the weight of bad loans leftover from the 2008 crisis. On Tuesday, the European Central Bank said Popular was failing or likely to fail, owing to a significant deterioration in its Read the full story
Santander rescues struggling rival Banco Popular after ECB says bank is likely to fail
Proactive Investors
Proactive Investors
Spanish bank Banco Santander (LON:BNC) is paying €1 to rescue its smaller rival Banco Popular from the brink of collapse. Santander will take over full ownership of Popular’s shares and debt after the European Central Bank said the bank was likely to fail following a deterioration in its liquidity situation. A €7bn fundraising by Santander will be carried out to cover the capital and provisions needed to boost Popular’s balance sheet. Popular’s shares have plunged 53% since the beginning of last Read the full story
The Proof Showing Banks Are Worried about Mortgage Debt
The Daily Reckoning
The Daily Reckoning
What’s a sign a bank has overleveraged itself and doesn’t want you to know about it? They make sudden changes and reassure you it’s about ‘regulations’. The post The Proof Showing Banks Are Worried about Mortgage Debt appeared first on Markets and Money. Read the full story
TREASURIES/ BONDS/ STOCKS
Opinion: The bond market is giving the stock market a stern warning
MarketWatch
The yield curve has predicted the past five recessions when it has inverted, says Ivan Martchev. Read the full story
Is this the ‘last hurrah’ for bond-market bulls?
MarketWatch
Treasurys continue to rally, pushing the yield on the 10-year note to a seven-month low. But one well-known macro strategist isn’t so sure it’s all about haven demand and suspects the bull run may be near an end. Read the full story
TREASURIES/ BONDS/ STOCKS
Opinion: The bond market is giving the stock market a stern warning
MarketWatch
MarketWatch
The yield curve has predicted the past five recessions when it has inverted, says Ivan Martchev. Read the full story
Is this the ‘last hurrah’ for bond-market bulls?
MarketWatch
MarketWatch
Treasurys continue to rally, pushing the yield on the 10-year note to a seven-month low. But one well-known macro strategist isn’t so sure it’s all about haven demand and suspects the bull run may be near an end. Read the full story
CURRENCIES
Dollar gains against pound, euro as U.K. election, ECB meeting pose some uncertainty
MarketWatch
Broad measures of the U.S. dollar gained ground Wednesday, as the buck showed its most pronounced strength against European rivals ahead of the U.K. election and the European Central Bank policy meeting, both slated for Thursday. Read the full story
Pound to euro exchange rate: Sterling SOARS on eve of general election vote
Express
POUND sterling has climbed back overnight against the euro as the UK enters the last day before the general election vote. GBP has jumped back up to €1.15 after falling to €1.14 as recently as yesterday. The pound has been strengthened by final polls suggesting Theresa May has widened her lead on Jeremy Corbyn. Read the full story
Kiwi falls vs Aussie to dash parity run
Newsie
The New Zealand dollar fell against the Australian dollar on Wednesday when gross domestic product data across the Tasman wasn't as weak as some analysts had been expecting. This dashed chances of an immediate run at parity. The kiwi fell to A95.08c as at 5pm in Wellington versus A95.67c at 8am and from 95.53c Tuesday. It was trading at US71.69c as at 5pm in Wellington versus 71.56c Tuesday. The kiwi had gained 5.5 per cent against the Aussie from its low in mid-March, prompting some strategists Read the full story
NZ dollar falls vs Aussie
Scoop
June 7 (BusinessDesk) – The New Zealand dollar fell against the Australian dollar when gross domestic product data across the Tasman wasn't as weak as some analysts had been expecting, dashing chances of an immediate run at parity. Read the full story
CURRENCIES
Dollar gains against pound, euro as U.K. election, ECB meeting pose some uncertainty
MarketWatch
MarketWatch
Broad measures of the U.S. dollar gained ground Wednesday, as the buck showed its most pronounced strength against European rivals ahead of the U.K. election and the European Central Bank policy meeting, both slated for Thursday. Read the full story
Pound to euro exchange rate: Sterling SOARS on eve of general election vote
Express
Express
POUND sterling has climbed back overnight against the euro as the UK enters the last day before the general election vote. GBP has jumped back up to €1.15 after falling to €1.14 as recently as yesterday. The pound has been strengthened by final polls suggesting Theresa May has widened her lead on Jeremy Corbyn. Read the full story
Kiwi falls vs Aussie to dash parity run
Newsie
Newsie
The New Zealand dollar fell against the Australian dollar on Wednesday when gross domestic product data across the Tasman wasn't as weak as some analysts had been expecting. This dashed chances of an immediate run at parity. The kiwi fell to A95.08c as at 5pm in Wellington versus A95.67c at 8am and from 95.53c Tuesday. It was trading at US71.69c as at 5pm in Wellington versus 71.56c Tuesday. The kiwi had gained 5.5 per cent against the Aussie from its low in mid-March, prompting some strategists Read the full story
NZ dollar falls vs Aussie
Scoop
Scoop
June 7 (BusinessDesk) – The New Zealand dollar fell against the Australian dollar when gross domestic product data across the Tasman wasn't as weak as some analysts had been expecting, dashing chances of an immediate run at parity. Read the full story
Rupee marginally weaker against US dollar ahead of RBI policy
Livemint
Mumbai: The Indian rupee was trading marginally weaker against the US dollar, ahead of the Reserve Bank of India’s (RBI) monetary policy decision due on Wednesday after 2pm. Read the full story
USA
Art Cashin detects ominous activity in market, cautions investors
CNBC
UBS' Art Cashin sees vulnerabilities in the stock market. Read the full story
Rupee marginally weaker against US dollar ahead of RBI policy
Livemint
Livemint
Mumbai: The Indian rupee was trading marginally weaker against the US dollar, ahead of the Reserve Bank of India’s (RBI) monetary policy decision due on Wednesday after 2pm. Read the full story
USA
Art Cashin detects ominous activity in market, cautions investors
CNBC
CNBC
UBS' Art Cashin sees vulnerabilities in the stock market. Read the full story
EMERGING MARKETS
With Emerging Market ETFs Rising, Remember the Differences
Investopedia
Investopedia
Emerging markets ETFs are hot again, but remember important differences between the various offerings. Read the full story
ETF Floppers: Greece, South Africa, and Retail
Barron's
Barron's
The biggest flops in the exchange-traded fund universe had nothing to do with one another. Read the full story
MIDDLE EAST
Oil dips on glut concerns, but Mideast tension supports
Reuters
Reuters
Oil prices dipped on Wednesday, with Brent crude futures falling below $50 per barrel, as fuel markets remained oversupplied, although tension in the Middle East and falling U.S. inventories lent some support. Read the full story
Gulf Crisis Builds as U.A.E. Downplays Chance of Quick Fix
Bloomberg
Bloomberg
The worst crisis in decades among the Gulf’s Arab monarchies intensified on Wednesday, with a Saudi-led alliance imposing more punitive sanctions against Qatar and a senior U.A.E. official playing down the chances of a quick diplomatic resolution. The United Arab Emirates said it would no longer grant visas on arrival for foreigners living in Qatar, while Qatari nationals were barred from transiting through the country. Both decisions were relayed through state-run media. U.A.E. residents who Read the full story
A
FRICA
ASIA
Asia closes mixed as markets await trio of risks on Thursday; oil edges down
CNBC
CNBC
Asian markets were mixed on Wednesday as markets cautiously awaited a trio of potential major risk events, including the U.K. election. Read the full story
A liquidity check for monetary policy doves
Livemint
Livemint
While you are reading this article, the six-member monetary policy committee is huddled together to decide on interest rates and its policy stance. Demands for a rate cut have risen in the past fortnight, especially with the latest inflation print coming way below the 4% target the Reserve Bank of India (RBI) has set. The clamour for a softening of the monetary policy stance is even louder. Read the full story
Ranking: Hong Kong now Asia Pacific's most expensive city for expats, second most expensive globally
CNBC
CNBC
Hong Kong tops the list as the most expensive city in Asia Pacific for expatriates, according to a survey from ECA International. Read the full story
EUROPE
A 'great debt unwind' has begun
Business Insider UK
The debt slaves are beginning to buckle under their loads. Consumer and business bankruptcies are rising again, after declining for years since the financial crisis. That’s not a propitious sign. For bankruptcy filings by businesses from large corporations to tiny sole proprietorships, the dance started in November 2015. At first it was the energy bust. But bankruptcies of energy companies have tapered off with new money surging into the oil & gas sector once again. Now bankruptcies in the Read the full story
UK's May 'has identified the European Union leaders as the enemy,' says one top business voice
CNBC
A gathering of the U.K.'s top names in business has sent out mixed signals on Brexit and the looming General Election. Read the full story
EU to Outline Defense Union Plans Amid Doubts About U.S. Ties
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App The End of the Transatlantic Relationship? The European Commission will propose options for boosting joint defense capabilities of the EU’s 27 nations, including a fully-fledged security union that could overlap with responsibilities currently endowed to NATO, amid a growing rift between the continent and the U.S. administration. The “nature of the trans-Atlantic relationship is evolving,” the European Union’s executive arm will say in a Read the full story
Greek Banks Sink: IMF Debt Relief Not “Honorable”
Barron's
The International Monetary Fund is offering Greece a way out of its financial conflicts with creditors, but the ruling party won't have it. Read the full story
ALEX BRUMMER on Labour's policies which he says will bankrupt Britain
Daily Mail
There can be few more frightening spectres for the future prosperity of every household in Britain than that of Jeremy Corbyn and his sidekick John McDonnell settling into Downing Street. Read the full story
EUROPE
A 'great debt unwind' has begun
Business Insider UK
Business Insider UK
The debt slaves are beginning to buckle under their loads. Consumer and business bankruptcies are rising again, after declining for years since the financial crisis. That’s not a propitious sign. For bankruptcy filings by businesses from large corporations to tiny sole proprietorships, the dance started in November 2015. At first it was the energy bust. But bankruptcies of energy companies have tapered off with new money surging into the oil & gas sector once again. Now bankruptcies in the Read the full story
UK's May 'has identified the European Union leaders as the enemy,' says one top business voice
CNBC
CNBC
A gathering of the U.K.'s top names in business has sent out mixed signals on Brexit and the looming General Election. Read the full story
EU to Outline Defense Union Plans Amid Doubts About U.S. Ties
Bloomberg
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App The End of the Transatlantic Relationship? The European Commission will propose options for boosting joint defense capabilities of the EU’s 27 nations, including a fully-fledged security union that could overlap with responsibilities currently endowed to NATO, amid a growing rift between the continent and the U.S. administration. The “nature of the trans-Atlantic relationship is evolving,” the European Union’s executive arm will say in a Read the full story
Greek Banks Sink: IMF Debt Relief Not “Honorable”
Barron's
Barron's
The International Monetary Fund is offering Greece a way out of its financial conflicts with creditors, but the ruling party won't have it. Read the full story
ALEX BRUMMER on Labour's policies which he says will bankrupt Britain
Daily Mail
Daily Mail
There can be few more frightening spectres for the future prosperity of every household in Britain than that of Jeremy Corbyn and his sidekick John McDonnell settling into Downing Street. Read the full story
Blessed and Highly Favored:
CBI Update: http://www.cbi.iq/
The CBI for Thursday 6/8/17 did update on the indicative rates Buy Rate 1182 and Sell Rate 1184
The currency auction is 160,740,856
There are 3 news and announcements for Thursday 6/8/17 as follows:
To / Banks (Rafidain / Rasheed / Iraqi Bank for Trade) (Instructions Treasury bonds / Contractors' entitlements according to paragraph (5 - b) for companies)
2017/6/8
To / Ministry of Finance / Accounting Department (Instructions for Payment of Treasury Bonds / Contractors' Benefits)
2017/6/8
To / Banks (Rafidain / Rasheed / Iraqi Bank for Trade) (Instructions for payment of Treasury bills / Contractors' entitlements)
2017/6/8
ISX Update:
Value Traded
454,015,435
Shares Traded
690,041,945
ISX ended in Green
8-06-2017 01:48 PM
The Euphrates -
Rafidain Bank published the most important documents required to obtain a loan of 50 million dinars for the purpose of building a housing unit.
The following documents are required:
1 - A personal application including the desire of the citizen to obtain the loan.
2- Copy of the recent registration of the real estate.
3 - Map and the building license is excluded from the provision of construction leave customer who has a common piece of land and less customer share of (200 m 2).
4 - personal documents (civil status ID - certificate of Iraqi nationality - residence card) or a unified national card.
5. A written undertaking that the borrower and his wife will not receive a housing loan from another government agency.
6- Providing the guarantor of the employees of the government departments and the permanent and continuous owners of the service, provided that the total deductions for premiums and interest do not exceed 50% of the sponsor's salary and with the support of his department for the branch concerned.
7. The sponsor's department shall notify the concerned branch when the sponsor is transferred to another party or refer him to retirement and transfer the monthly installments if the borrower fails to pay.
The following documents are required:
1 - A personal application including the desire of the citizen to obtain the loan.
2- Copy of the recent registration of the real estate.
3 - Map and the building license is excluded from the provision of construction leave customer who has a common piece of land and less customer share of (200 m 2).
4 - personal documents (civil status ID - certificate of Iraqi nationality - residence card) or a unified national card.
5. A written undertaking that the borrower and his wife will not receive a housing loan from another government agency.
6- Providing the guarantor of the employees of the government departments and the permanent and continuous owners of the service, provided that the total deductions for premiums and interest do not exceed 50% of the sponsor's salary and with the support of his department for the branch concerned.
7. The sponsor's department shall notify the concerned branch when the sponsor is transferred to another party or refer him to retirement and transfer the monthly installments if the borrower fails to pay.
Department of Investigations Director General of the Iraqi Bank of Commerce fled after a waste of public money worth (14,722,493,196)
08-06-2017 01:03 PM
Readers
Baghdad News -
The Integrity Commission on Thursday issued a seven-year prison sentence against the former director-general of the Iraqi Bank for Trade for causing damage to the public money and the interests of his employer.
The body said in a statement that 'the investigations department in the body announced the issuance of an absentee sentence to seven years in prison against the former Director General of the Iraqi Bank for Trade Hussein Issam Al-Azri', noting that 'the Criminal Court competent in cases of integrity in Baghdad sentenced the accused to prison terms of Article 340 of the Penal Code, for causing damage to the public money and the interests of the entity in which it operates.
The department explained in detail the case that the convicted fugitive took advantage of his job and caused damage to public money amounting to 14,722,493,196 fourteen billion seven hundred and twenty-two million four hundred and ninety-three thousand and one hundred and ninety-nine dinars by committing irregularities in the granting of banking facilities to And the approval of the opening of documentary credit for the company with no real guarantees for the return of funds to the bank.
"The Criminal Court has reached sufficient conviction to criminalize the fugitive after reviewing the evidence obtained in the case of the legal representative of the Iraqi Bank for Trade. The report of the investigative and investigative team of the Integrity Commission recommended that the defendant be transferred to the judiciary, , In addition to the presumption of escape from justice '.
"The verdict included the issuance of an arrest warrant against the convicted fugitive, supporting the seizure of his movable and immovable property, and keeping the injured party (the Ministry of Defense) in the right to seek compensation in the civil courts after the decision has been reached."
- See more at: http://translate.The body said in a statement that 'the investigations department in the body announced the issuance of an absentee sentence to seven years in prison against the former Director General of the Iraqi Bank for Trade Hussein Issam Al-Azri', noting that 'the Criminal Court competent in cases of integrity in Baghdad sentenced the accused to prison terms of Article 340 of the Penal Code, for causing damage to the public money and the interests of the entity in which it operates.
The department explained in detail the case that the convicted fugitive took advantage of his job and caused damage to public money amounting to 14,722,493,196 fourteen billion seven hundred and twenty-two million four hundred and ninety-three thousand and one hundred and ninety-nine dinars by committing irregularities in the granting of banking facilities to And the approval of the opening of documentary credit for the company with no real guarantees for the return of funds to the bank.
"The Criminal Court has reached sufficient conviction to criminalize the fugitive after reviewing the evidence obtained in the case of the legal representative of the Iraqi Bank for Trade. The report of the investigative and investigative team of the Integrity Commission recommended that the defendant be transferred to the judiciary, , In addition to the presumption of escape from justice '.
"The verdict included the issuance of an arrest warrant against the convicted fugitive, supporting the seizure of his movable and immovable property, and keeping the injured party (the Ministry of Defense) in the right to seek compensation in the civil courts after the decision has been reached."
Department of Investigations Director General of the Iraqi Bank of Commerce fled after a waste of public money worth (14,722,493,196)
08-06-2017 01:03 PM Baghdad News -
The Integrity Commission on Thursday issued a seven-year prison sentence against the former director-general of the Iraqi Bank for Trade for causing damage to the public money and the interests of his employer.
The body said in a statement that 'the investigations department in the body announced the issuance of an absentee sentence to seven years in prison against the former Director General of the Iraqi Bank for Trade Hussein Issam Al-Azri', noting that 'the Criminal Court competent in cases of integrity in Baghdad sentenced the accused to prison terms of Article 340 of the Penal Code, for causing damage to the public money and the interests of the entity in which it operates.
The department explained in detail the case that the convicted fugitive took advantage of his job and caused damage to public money amounting to 14,722,493,196 fourteen billion seven hundred and twenty-two million four hundred and ninety-three thousand and one hundred and ninety-nine dinars by committing irregularities in the granting of banking facilities to And the approval of the opening of documentary credit for the company with no real guarantees for the return of funds to the bank.
"The Criminal Court has reached sufficient conviction to criminalize the fugitive after reviewing the evidence obtained in the case of the legal representative of the Iraqi Bank for Trade. The report of the investigative and investigative team of the Integrity Commission recommended that the defendant be transferred to the judiciary, , In addition to the presumption of escape from justice '.
"The verdict included the issuance of an arrest warrant against the convicted fugitive, supporting the seizure of his movable and immovable property, and keeping the injured party (the Ministry of Defense) in the right to seek compensation in the civil courts after the decision has been reached."
The Integrity Commission on Thursday issued a seven-year prison sentence against the former director-general of the Iraqi Bank for Trade for causing damage to the public money and the interests of his employer.
The body said in a statement that 'the investigations department in the body announced the issuance of an absentee sentence to seven years in prison against the former Director General of the Iraqi Bank for Trade Hussein Issam Al-Azri', noting that 'the Criminal Court competent in cases of integrity in Baghdad sentenced the accused to prison terms of Article 340 of the Penal Code, for causing damage to the public money and the interests of the entity in which it operates.
The department explained in detail the case that the convicted fugitive took advantage of his job and caused damage to public money amounting to 14,722,493,196 fourteen billion seven hundred and twenty-two million four hundred and ninety-three thousand and one hundred and ninety-nine dinars by committing irregularities in the granting of banking facilities to And the approval of the opening of documentary credit for the company with no real guarantees for the return of funds to the bank.
"The Criminal Court has reached sufficient conviction to criminalize the fugitive after reviewing the evidence obtained in the case of the legal representative of the Iraqi Bank for Trade. The report of the investigative and investigative team of the Integrity Commission recommended that the defendant be transferred to the judiciary, , In addition to the presumption of escape from justice '.
"The verdict included the issuance of an arrest warrant against the convicted fugitive, supporting the seizure of his movable and immovable property, and keeping the injured party (the Ministry of Defense) in the right to seek compensation in the civil courts after the decision has been reached."
Kauaihn Chatter:
6-7-2017 Intel Gurus Frank26 & Delta All of the sudden they started doing 2 auctions on the same day – accumulating 1, 2 and sometimes 3 within a week. Piggybacking these auctions was unusual. Why the urgency with the auctions? They cannot change the rate in the middle of a business day. So if you take a look at the auction they did on Monday (that means they have nothing to do on Tuesday). Tuesday, they have no auction. Interesting...that means they could pull the trigger on a Tuesday. This is really significant to us – something is going on...and there is a reason why they are doing it. Based on the demands of the World Bank, the comments from the economists to ACTIVATE – it doesn’t become any more clear than that.
6-7-2017 Newshound/Intel Guru BGG Article: "IMF REACHES AGREEMENT ON STAND-BY ARRANGEMENT WITH IRAQ" Neither this nor the UN potentially releasing funds to Iraq at the end of June are any kind of "date" indicator. However, they are both very interesting pieces of news. International support for Iraq grows daily. They need this support to reengage with the world.
6-7-2017 Newshound/Intel Guru BGG Article: "IMF REACHES AGREEMENT ON STAND-BY ARRANGEMENT WITH IRAQ" Neither this nor the UN potentially releasing funds to Iraq at the end of June are any kind of "date" indicator. However, they are both very interesting pieces of news. International support for Iraq grows daily. They need this support to reengage with the world.
6-7-2017 Newshound Guru Adam Montana ...know that the GOI is working harder this Ramadan than ever before... Article: "Headed by Abadi .. Council of Ministers will hold its regular" I see that as a very positive thing! Need I say more? (nope!)
6-7-2017 Intel Guru Bruce Iraq has already announced that this Saturday, the 10th is the Liberation Day. What are they talking about liberating from? I think that is a direct liberation and take back of Mosul and a number of different announcements around that day next Saturday, June 10th. What about the 12th? Monday is called Celebration Day in Iraq. What would they be celebrating? The liberation of Mosul, the return of a Sovereign Republic, a return of a currency that is revalued and internationally traded again, and celebrate the new rate that would be in their budget that would be put in their Gazette, etc. That is what the schedule is going to show Saturday and celebration on Monday. Does that mean we have to wait until Monday? Right now I going to say I don’t believe so based on the other Intel I am getting. Even if it was the case that would be the longest we would need to wait. I think the plan is to release this soon...be excited for the possibility of this happening hopefully between now and the weekend. [post 2 of 2]
6-7-2017 Intel Guru Bruce Remember we talked about the lower denoms of the dinar that were being placed in the ATM machines and ready to go? Our understanding is they are still in there ready to go, but have not been put out yet. They have not yet utilized those lower value notes of the dinar. They were supposed to be put out today [Tuesday]. They were supposed to be, but weren’t. Their intention was to make their rate change known today and the lower denoms would be needed because the rates would have gone dramatically higher... We have heard the rates in Iraq are in a very strong situation and will be stronger. People who are getting paid on their cards or retirement pay it is going up substantially like 134%. I think due to the in-country change of the dinar rate. Without able to prove that exactly, I just can tell you that everything is complete regarding what is happening in Iraq. [post 1 of 2....stay tuned]
6-7-2017 Intel Guru Jester WE ARE STILL LOOKING FOR THE REMAINING PUZZLE PIECE... WE HAVE A FEW THINGS WE ARE CHECKING ON... THEY ARE BEING VERY QUIET ABOUT WHAT IS GOING ON RIGHT NOW... IF WE GET SOMETHING WE CAN SINK OUR TEETH INTO WE'LL TRY TO LET YOU KNOW WHEN THAT HAPPENS... EVERYTHING IS DONE... BUT ONE LITTLE PIECE IS MISSING... IT SEEMS TO BE READY EXCEPT FOR THAT FINAL PIECE...
6-7-2017 Newshound/Intel Guru BGG [kinda get the feeling that this is never gona happen and eventually they will go to the dollar.] With all the support and conversation with the IMF - WB - UN... that is not the posture they are preparing...everything they are (the above mentioned groups) projecting lately is the image of progress.
6-7-2017 Intel Guru RayRen98 [You mentioned that date we were expecting did not occur, and now we are looking at June 30?] Some are saying the 10th, some are seeing celebrations on the 12th, and other are saying by June 30, so we’ll just have to wait and see.
6-7-2017 Intel Guru Bruce Iraq has already announced that this Saturday, the 10th is the Liberation Day. What are they talking about liberating from? I think that is a direct liberation and take back of Mosul and a number of different announcements around that day next Saturday, June 10th. What about the 12th? Monday is called Celebration Day in Iraq. What would they be celebrating? The liberation of Mosul, the return of a Sovereign Republic, a return of a currency that is revalued and internationally traded again, and celebrate the new rate that would be in their budget that would be put in their Gazette, etc. That is what the schedule is going to show Saturday and celebration on Monday. Does that mean we have to wait until Monday? Right now I going to say I don’t believe so based on the other Intel I am getting. Even if it was the case that would be the longest we would need to wait. I think the plan is to release this soon...be excited for the possibility of this happening hopefully between now and the weekend. [post 2 of 2]
6-7-2017 Intel Guru Bruce Remember we talked about the lower denoms of the dinar that were being placed in the ATM machines and ready to go? Our understanding is they are still in there ready to go, but have not been put out yet. They have not yet utilized those lower value notes of the dinar. They were supposed to be put out today [Tuesday]. They were supposed to be, but weren’t. Their intention was to make their rate change known today and the lower denoms would be needed because the rates would have gone dramatically higher... We have heard the rates in Iraq are in a very strong situation and will be stronger. People who are getting paid on their cards or retirement pay it is going up substantially like 134%. I think due to the in-country change of the dinar rate. Without able to prove that exactly, I just can tell you that everything is complete regarding what is happening in Iraq. [post 1 of 2....stay tuned]
6-7-2017 Intel Guru Jester WE ARE STILL LOOKING FOR THE REMAINING PUZZLE PIECE... WE HAVE A FEW THINGS WE ARE CHECKING ON... THEY ARE BEING VERY QUIET ABOUT WHAT IS GOING ON RIGHT NOW... IF WE GET SOMETHING WE CAN SINK OUR TEETH INTO WE'LL TRY TO LET YOU KNOW WHEN THAT HAPPENS... EVERYTHING IS DONE... BUT ONE LITTLE PIECE IS MISSING... IT SEEMS TO BE READY EXCEPT FOR THAT FINAL PIECE...
6-7-2017 Newshound/Intel Guru BGG [kinda get the feeling that this is never gona happen and eventually they will go to the dollar.] With all the support and conversation with the IMF - WB - UN... that is not the posture they are preparing...everything they are (the above mentioned groups) projecting lately is the image of progress.
6-7-2017 Intel Guru RayRen98 [You mentioned that date we were expecting did not occur, and now we are looking at June 30?] Some are saying the 10th, some are seeing celebrations on the 12th, and other are saying by June 30, so we’ll just have to wait and see.
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)
Prime Minister Dr. Haider Abadi: Iraqi media partner victories
Prime Minister Dr. Haidar al-Abadi said that the Iraqi media is a partner in the victories, and that his role is important in raising morale and breaking the will of the enemy.
This came during a speech delivered by the presence of a large number of journalists and heads of media institutions and political analysts, during which he reviewed the latest military, security and political developments.
He stressed that three years of victories are the result of the unity of the row and the priority of liberation over the side differences because we are facing a common existential threat that threatens all components of our people, indicating that our heroic forces of the army, police and popular mobilization and the Peshmerga has suffered a major defeat by the terrorist.
Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.
He called on everyone to cooperate in the coming period and block the way to return terrorism and extremism and fight corruption with all force, pointing out that community reconciliation must be achieved among the civilian population in order to reassure all citizens.
The media called for awareness in the defense of the state, saying: It is not a fault to defend our country, but it is a duty, and the right of the other to oppose and criticize without prejudice to the national constants and beliefs and the freedom of others, and must move to the stage of application and respect for law in the street and end armed manifestations and overcome Public money .
This came during a speech delivered by the presence of a large number of journalists and heads of media institutions and political analysts, during which he reviewed the latest military, security and political developments.
He stressed that three years of victories are the result of the unity of the row and the priority of liberation over the side differences because we are facing a common existential threat that threatens all components of our people, indicating that our heroic forces of the army, police and popular mobilization and the Peshmerga has suffered a major defeat by the terrorist.
Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.
He called on everyone to cooperate in the coming period and block the way to return terrorism and extremism and fight corruption with all force, pointing out that community reconciliation must be achieved among the civilian population in order to reassure all citizens.
The media called for awareness in the defense of the state, saying: It is not a fault to defend our country, but it is a duty, and the right of the other to oppose and criticize without prejudice to the national constants and beliefs and the freedom of others, and must move to the stage of application and respect for law in the street and end armed manifestations and overcome Public money .
Prime Minister 's Media Office
7 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-Abadi chairs a meeting of the Ministerial Energy Committee
Prime Minister Dr. Haider al-Abadi on Wednesday chaired a meeting of the ministerial energy committee.
The meeting discussed the topics on the agenda. The memo was sent to the German company Siemens on economic cooperation and investment.
The committee approved the contract with the General Company for Electrical and Electronic Industries for the processing of fixed and independent stations. The Committee also agreed to settle the arrears of the Basrah Gas Company and finance 250 billion dinars.
A number of other decisions on the supply of electric power have been approved.
Prime Minister 's Media Office
7 June 2017
The meeting discussed the topics on the agenda. The memo was sent to the German company Siemens on economic cooperation and investment.
The committee approved the contract with the General Company for Electrical and Electronic Industries for the processing of fixed and independent stations. The Committee also agreed to settle the arrears of the Basrah Gas Company and finance 250 billion dinars.
A number of other decisions on the supply of electric power have been approved.
Prime Minister 's Media Office
7 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 condolences to the Iranian President
Prime Minister Dr. Haider Abadi sent a cable of condolences and condolences to Iranian President Hassan Rowhani condemning the terrorist acts that took place in the capital Tehran recently, stressing that terrorism and its criminal approach do not deter the targeting of the safe by horrendous methods that are rejected by all divine laws and norms. The Government and people of the Islamic Republic of Iran, and its solidarity with the families of the victims, wishing the wounded speedy recovery.
Prime Minister 's Media Office
8 June 2017
Prime Minister 's Media Office
8 June 2017
*************
ARTICLE 2
Al-Sadr: Terrorism longs for safe Tehran and wants to drain Muslims in all countries
2017/6/8 10:18
[Baghdad: where]
Sadr's leader, Moqtada al-Sadr, called on everyone to stand against terrorism. "Terrorism does not know a religion that is wasting the Muslims in all their countries," he said in a tweet on Twitter on Thursday. "Tehran has long been safe to unite to stand up to its face and to encourage dialogue and let escalation."
Sadr's leader, Moqtada al-Sadr, called on everyone to stand against terrorism. "Terrorism does not know a religion that is wasting the Muslims in all their countries," he said in a tweet on Twitter on Thursday. "Tehran has long been safe to unite to stand up to its face and to encourage dialogue and let escalation."
One of the terrorists holed up inside the Iranian Shura Council building blew up an explosive belt he was wearing after an exchange of fire with security forces after local media reported at least seven people killed in the attack by a group of four terrorists.
On the attack in the shrine of Imam Ruhollah Khomeini south of Tehran, the authorities said that a terrorist blew himself up there, while security forces killed the second and arrested the rest of the group of the attack, pointing to the death of one person and injuring several others.
On the attack in the shrine of Imam Ruhollah Khomeini south of Tehran, the authorities said that a terrorist blew himself up there, while security forces killed the second and arrested the rest of the group of the attack, pointing to the death of one person and injuring several others.
*************
ARTICLE 3
Banned the carrying of weapons in Anbar and the arrest of three people for violating the law
ANBAR, Iraq, June 7 (UPI) - The Anbar police command announced on Wednesday the formation of a joint force of emergency regiments, al-Najida and Swat to prevent the phenomenon of carrying weapons.
Anbar police headquarters on Wednesday revealed the formation of a joint force of emergency regiments, Najdah and Swat to prevent the phenomenon of carrying weapons in the province as illegal.
She added that "the directive issued to all citizens, whether they were in the security or civil authorities not to bear arms ostensibly and to be licensed officially or will be taken legal proceedings against violators," pointing to "the arrest of three people carrying weapons and wearing civilian dress, And refer them to the competent authorities to investigate them. " AH
*************
ARTICLE 4
The liberation of 30 villages adjacent to the Syrian border in the operations of the past two days west of Mosul
NINEWA, June 7 (UPI) - The movement of the 40th Brigade from the northern axis towards Hamdania and the southern axis led to the liberation of the village of Marmudah and Sami, in the direction of Zammar, Return to the elements calling for the escapees . "
"The Iraqi forces have managed to liberate 30 villages adjacent to the Syrian border with quality operations during the past two days," he said, adding that "the crowd will hold the Iraqi-Syrian border fully and strengthen the lines of resistance in the coming days."
The Iraqi forces managed on June 4 to liberate Al-Baj district completely from control, calling for a qualitative and three-pronged process. " End AH
*************
ARTICLE 5
Control 85% of the zeginle and intensify intelligence in the "old"
2017/6/7 20:31 • 47 times read
[Ayna - Baghdad]
The security forces of the federal police forces on Wednesday controlled 85 percent of the Zanjili district on the right side of Mosul while security forces stepped up intelligence operations in the Old City.
The security forces of the federal police forces on Wednesday controlled 85 percent of the Zanjili district on the right side of Mosul while security forces stepped up intelligence operations in the Old City.
"Federal police units have regained control of 85 percent of the area of Zinjili and reached Bab Sinjar on the outskirts of the old city," federal police chief Major-General Raed Shaker Jawdat said in a statement.
He pointed out that "the units are progressing very cautiously after the da'ash encircling the buildings, houses, streets, electricity poles and citizens' wheels and fortifying his sniper in the houses inhabited by families." He stressed that "our forces are intensifying its field intelligence operations and monitoring the air to monitor the movements of the leaders of the elements of Daqash and its weapons and support in the old city, Directed ".
He pointed out that "the units are progressing very cautiously after the da'ash encircling the buildings, houses, streets, electricity poles and citizens' wheels and fortifying his sniper in the houses inhabited by families." He stressed that "our forces are intensifying its field intelligence operations and monitoring the air to monitor the movements of the leaders of the elements of Daqash and its weapons and support in the old city, Directed ".
*************
ARTICLE 6
More than 8400 people evacuated in two days, UN says
Ninewa - June 8 - The United Nations says more than 8,000 people have been displaced from western Mosul, northern Iraq, over the past two days alone because of ongoing fighting there.
The spokesman for the UN Secretary-General, Stephen Dugrick, said the number of people displaced on 5 and 6 June is the highest level of displacement recorded since last week.
"This number also represents more than double the number of people displaced from the western part of the city on 3 and 4 June," he told a news conference at the UN headquarters in New York.
The United Nations is concerned about the protection of civilians in the areas controlled by "Dahesh" on the western side of Mosul, where more than 100,000 people are believed to remain in the Old City and northern neighborhoods.
The Iraqi forces are close to regaining control of the entire city of Mosul, the second largest city in Iraq, from the grip of the organization "Daash," where there remained no organization on the western side of Mosul, only the neighborhoods of "healing" and "Zanjili" and parts of the old Mosul.
The Iraqi army and its support forces began a military campaign in October 2016. Iraqi forces recovered eastern half of Mosul in January 2017 and have been fighting since February to wrest the western half. Finished
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ARTICLE 7
Calling for looting the property of fleeing civilians and closing the streets to hinder progress in the remaining neighborhoods of Mosul
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According to intelligence sources from inside the city of Mosul, the gangs of Daadish terrorist has stolen and burned the role of fleeing civilians and the tampering with their property and vehicles and confiscated.
According to intelligence sources from inside the city of Mosul, the gangs of Daadish terrorist has stolen and burned the role of fleeing civilians and the tampering with their property and vehicles and confiscated.
The sources told the agency of all of Iraq [where] a copy of it, that "Da'ash has robbed and buried the role of fleeing citizens towards the security forces in the neighborhood of Shifa and Siraqa and the confiscation of their property and their cars exploited by these gangs where they put in the streets to close and detonate to obstruct the progress of security forces liberated areas and neighborhoods on the right side of Mosul city".
"These gangs are now aware of their complete loss of the war by the Iraqi forces," said analysts specializing in terrorist groups. "These gangs do not have enough elements to fight. They resorted to blocking progress by putting cars on the streets and preventing people from going out and staying under threat. To be killed as human shields. "
Analysts added that "the dreams of the gangs of the terrorist da'eef have been lost and became a fantasy and they are now aware of that fact because the dawn of victory is close to the sunrise and that the resolution of the battle and the victory of Iraqi forces is only a matter of a short time only."
"These gangs are now aware of their complete loss of the war by the Iraqi forces," said analysts specializing in terrorist groups. "These gangs do not have enough elements to fight. They resorted to blocking progress by putting cars on the streets and preventing people from going out and staying under threat. To be killed as human shields. "
Analysts added that "the dreams of the gangs of the terrorist da'eef have been lost and became a fantasy and they are now aware of that fact because the dawn of victory is close to the sunrise and that the resolution of the battle and the victory of Iraqi forces is only a matter of a short time only."
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ARTICLE 8
With the map. This is what remains under the control of the oppressor after tightening the screws on them
Date of release: 2017/6/8 10:37
(Baghdad: al-Furat News) The latest map of Nineveh province showed the vastness of land freed by the security forces from the control of the gangs and the terror.
The map, published by the War Information Cell, on Thursday shows the rest of the liberation of the right-hand coast of Mosul.
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ARTICLE 9
Benefits of eating lemon juice on breakfast
BAGHDAD, June 6 (UPI) - Scientists say natural juices and herbal drinks are much better than soft drinks and canned juices.
Eat a cup of lemon juice after breakfast is very useful, to be prepared using the electric mixer and the use of the fruit of lemon, including the whole husk, because the medical benefits exist in lemon peel and contains substances that act as antioxidants and eliminate the microbes and calm the breath.Add peppermint leaves to lemon juice in the blender until well mixed and mixed with juice.
The most important benefits of lemon in Ramadan is that it is anti-heat, fights inflammation, diuretic, fights microbes and viruses, and when adding mint leaves to lemon juice, it has other benefits it helps digestion, expels gases, anti-colic and contractions.
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