I apologize I didn't update for so many days I was busy... but I'm back! hahaha
Iraq recovered (This is a great article)
7/12/2017 4:16
Hussein Tgb
new waited that occurs on the reality of Iraq after the cycle of war that hit the economic life almost completely paralyzed and disrupted the process of construction , which is the other income were not the level of ambition.
Today our country is recovering to achieve victory over the mightiest forces of terrorism which caused risk to most countries of the world and threaten their security
national.
Vanasr put Iraq in front of the threshold of a new stage and warned all the countries of the world that this country is not weak but managed to insist making "Daesh" terrorist ,which includes the elements of most of the nationalities of the world and the professionals of war, has managed the Iraqi security system dismantled and destroyed .This is proof that making security Iraq is not impossible , and capabilities that defeated the forces of darkness able to achieve security and stability throughout Iraq , from Kurdistan to
Basra. We are in front of a new stage after the wait for the international effort advanced and specialized stage to prove Iraq 's existence, the day of this goal and prove to thewhole world that he was on the path of achieving security and stability , which is a magnet for capital and technology advanced that we desperately need in all productive sectors
and service. Great security Vanasr represents a gateway to achieve economic victory to achieve a broader and well - being transferred to the country is better , and change the shape of the national economy, especially that most of the specialized international companies realize the importance of Iraq in the economic arena of
international.
We have all the ingredients of economic advancement and victory in the productive and service sectors and to compensate our people for long suffering due to the deterioration of services and lack of employment opportunities, we have to walk the real development paths that require to be selected international effort specialist careful and deliberate from the real experts from the public and private sectors must be the world 's largest economic blocs, and the reason so that these specialized companies carried out by methods and quality of fear that affects its reputation and does not accept manipulation of ill dealings, and this is what we wish we seek sustainable development that will move us to be a global influential We are a really well as we have all the riches of the great cities of
Iraq. Iraq After this great victory goes back to restore international status among thecountries of the world and prove that he is capable of rapid economic recovery to stand his place appropriate among the major economies of the world and have economic eighth tiger, especially after it became the focus of a major international attention and directed attention to him from every
direction
new waited that occurs on the reality of Iraq after the cycle of war that hit the economic life almost completely paralyzed and disrupted the process of construction , which is the other income were not the level of ambition.
Today our country is recovering to achieve victory over the mightiest forces of terrorism which caused risk to most countries of the world and threaten their security
national.
Vanasr put Iraq in front of the threshold of a new stage and warned all the countries of the world that this country is not weak but managed to insist making "Daesh" terrorist ,which includes the elements of most of the nationalities of the world and the professionals of war, has managed the Iraqi security system dismantled and destroyed .This is proof that making security Iraq is not impossible , and capabilities that defeated the forces of darkness able to achieve security and stability throughout Iraq , from Kurdistan to
Basra. We are in front of a new stage after the wait for the international effort advanced and specialized stage to prove Iraq 's existence, the day of this goal and prove to thewhole world that he was on the path of achieving security and stability , which is a magnet for capital and technology advanced that we desperately need in all productive sectors
and service. Great security Vanasr represents a gateway to achieve economic victory to achieve a broader and well - being transferred to the country is better , and change the shape of the national economy, especially that most of the specialized international companies realize the importance of Iraq in the economic arena of
international.
We have all the ingredients of economic advancement and victory in the productive and service sectors and to compensate our people for long suffering due to the deterioration of services and lack of employment opportunities, we have to walk the real development paths that require to be selected international effort specialist careful and deliberate from the real experts from the public and private sectors must be the world 's largest economic blocs, and the reason so that these specialized companies carried out by methods and quality of fear that affects its reputation and does not accept manipulation of ill dealings, and this is what we wish we seek sustainable development that will move us to be a global influential We are a really well as we have all the riches of the great cities of
Iraq. Iraq After this great victory goes back to restore international status among thecountries of the world and prove that he is capable of rapid economic recovery to stand his place appropriate among the major economies of the world and have economic eighth tiger, especially after it became the focus of a major international attention and directed attention to him from every
direction
Word on the Street Friday 7/14/17:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,181.0000 | 1,141.8000 | 1,181.0000 | | 07:09 |
| USD/VND | | | 22,384.0000 | 22,351.0000 | 22,351.0000 | | 07:09 |
| USD/CNY | | | 6.7883 | 6.7717 | 6.7822 | | 07:09 |
| USD/KWD | | | 0.3028 | 0.3025 | 0.3028 | | 03:45 |
| GBP/USD | | | 1.2973 | 1.2935 | 1.2947 | | 07:10 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,345.0000 | 13,327.5000 | 13,341.0000 | | 06:58 |
CNBC Link:
DC NY Iraq Articles:
In pictures .. Babies begging under the heat of the sun and demands to end this phenomenon
Date of release: 2017/7/13 12:51 • 125 times read
Baghdad: The streets of Baghdad and several provinces are witnessing the phenomenon of begging young children and even infants under the sun shimmering without the care of their parents or those who claim it amid a complete absence of supervision by the authorities and organizations concerned with human rights and children.
A member of the Committee on Women, Family and Childhood, Rep. Rizan Sheikh Delir, called on the Ministry of the Interior and concerned authorities to put an end to the phenomenon of beggars taking babies while begging in the streets.
"Some women beggars, unfortunately, are carrying their babies while begging in the street under the deadly sun or in the cold of the winter, in order to make people happy. This phenomenon has recently spread in Baghdad," she said in a statement. And the provinces.
"If the institutions involved in combating begging are unable to put an end to it by providing decent living, shelter and employment opportunities for beggars and displaced persons, at least they must save their babies from being used as a means of earning by their mothers who take them at intersections and streets or sit on sidewalks near The smoke of motor vehicles and in a contaminated environment can cause a slow death for the child. "
She stressed the need for the Interior Ministry to intervene in the matter and put an end to such violations against children by preventing beggars from carrying their children while begging in public places.
According to the Ministry of Planning, the poverty rate in Iraq rose to 30% in the past year 2016, after registering 22% during the last survey in 2014, and revealed its intention to conduct a new survey during the first quarter of this year.
"Some women beggars, unfortunately, are carrying their babies while begging in the street under the deadly sun or in the cold of the winter, in order to make people happy. This phenomenon has recently spread in Baghdad," she said in a statement. And the provinces.
"If the institutions involved in combating begging are unable to put an end to it by providing decent living, shelter and employment opportunities for beggars and displaced persons, at least they must save their babies from being used as a means of earning by their mothers who take them at intersections and streets or sit on sidewalks near The smoke of motor vehicles and in a contaminated environment can cause a slow death for the child. "
She stressed the need for the Interior Ministry to intervene in the matter and put an end to such violations against children by preventing beggars from carrying their children while begging in public places.
According to the Ministry of Planning, the poverty rate in Iraq rose to 30% in the past year 2016, after registering 22% during the last survey in 2014, and revealed its intention to conduct a new survey during the first quarter of this year.
A message from a Sunni scholar, Imam al-Sistani
Editorial date: 2017/7/12 23:56 • 856 times read
(Baghdad: al-Furat News) The head of the House of Fatwa in Iraq Sheikh Mahdi al-Sumaidai, a message to Imam Ali al-Sistani (long shadow).
"I send a message from my heart to His Eminence Sayyid al-Sistani, and ask him to find and raise his good hands to greet the Iraqi people, and I appeal to all Iraqi Muslims in Iraq, Shiites and Sunnis," Sumaidaie said in an interview with Al-Furat satellite channel. All of the heat of sedition and the sun of the oppressors. "
He said that "Mr. Sistani said that the Sunnis ourselves, and I say that the Shiites our bodies and it is necessary for the soul and spirit to meet, we do not sell the expensive cheap and do not replace gold with gold."
He added that "my duty to restore the Islamic body to its real face and brought out the thought introduced by the political fervor," noting that "Sunnis love the Shiites more than they were in 2012 and 2011."
He pointed out that "the snipers that fell from the policy and fake mummies showed the real picture, and the House of Iftaa Iraqi is a clear white image that did not compromise and did not sell and buy and stayed with Iraq as a whole."
As for the two conferences scheduled for Thursday and next Saturday, Sheikh Sumaidaie said, "The conference is not for Sunnis and conferences. It is not Sunni or political, but Sunni politicians are fighting for positions and receiving the new elections in a dress that contradicts what they had in the past. One party held by a political party ".
We have sent a message to the Prime Minister and we have appealed to him with the invincibility of the joy of Iraq, the resistance, the mobilization and the army, and that no conference should be held at all. Baghdad so as not to spoil it. "
He stressed, "We reject and I refuse Kamft and take full responsibility and who hears my voice now, to postpone these conferences until the end of the joy of Iraq and sit arrange the house in the right order and to put him intact columns of defects and sedition of malicious headheads sold Iraq."
"We warn, we advise and hope to hear our words, and we can not guarantee that the masses will go out and beat those who will meet in the regions and congratulate those who do this thing," Sheikh Sumaidaie said.
He said, "This is so far keen and asked, leave the time," pointing out "the conflict between the Islamic Party and the alliance of forces do not agree to want to sabotage Iraq as the streets of sit-ins and their intransigence and inaudible, and advise them advise Mashhadani (Mahmoud Mashhadani) to hear the words and say, Your life is not taking action to sabotage something you do not like. I advise Salim al-Jubouri to sit down and gather the Sunnis first and Iraq. Second, the security of your brothers and the Shiites will not hear the breath of the outside countries and neighboring countries to burn the country. "
In his question, who represents the Sunnis, Sumaidaie said that "the parties intervened in the life of Sunnis constitutionally and thank God enough Shiites where the parties did not interfere constitutionally in the reference, and the Sunni reference unified after 2016 in the House of Ifta Iraqi and there is no Mufti non-Sumaidai and respected references, Reference is ordered to close the mosques and the club coming, Baghdad are not a reference, the life today to the Iraqis who stood with Iraq.
With regard to the spread of illegal marriages and dealing with them after the urging, he explained, "I will have a large role in this house, and there is an understanding between us and the Supreme Judicial Council and souls in this regard."
As for the Qatari crisis and its boycott by a number of countries, al-Sumaida'i said, "I am with Qatar because Qatar is paying the price because of Iraq, because I have information from those who told him because they refused to vote for the popular crowd to solve it and consider it a terrorist organization. This is real information, and as long as it stands with the crowd and I do not accept the harassment of the crowd so I stand with it and speak this information knowledge. "
"I have fear because the Americans or our enemy said that the people would come out with a new name and I am afraid of this thing, and I am sure that they made the alternative and then they spoke," he said.
Sumaidaie congratulated "the armed forces, the popular crowd and the sons of the Islamic resistance all with a message saying to them thank you thank you for the separation and reward you good, you have paid for us and our country what the bad guys of bad reputation."
As for the referendum in the Kurdistan region, he said, "I hope that the Almighty God of Massoud Barzani will bring his good to the Kurds, and the Kurds will avoid this history that is not good and that makes a stick. I ask God to bring cold water to Massoud's heart enough for Iraq."
He said that "Mr. Sistani said that the Sunnis ourselves, and I say that the Shiites our bodies and it is necessary for the soul and spirit to meet, we do not sell the expensive cheap and do not replace gold with gold."
He added that "my duty to restore the Islamic body to its real face and brought out the thought introduced by the political fervor," noting that "Sunnis love the Shiites more than they were in 2012 and 2011."
He pointed out that "the snipers that fell from the policy and fake mummies showed the real picture, and the House of Iftaa Iraqi is a clear white image that did not compromise and did not sell and buy and stayed with Iraq as a whole."
As for the two conferences scheduled for Thursday and next Saturday, Sheikh Sumaidaie said, "The conference is not for Sunnis and conferences. It is not Sunni or political, but Sunni politicians are fighting for positions and receiving the new elections in a dress that contradicts what they had in the past. One party held by a political party ".
We have sent a message to the Prime Minister and we have appealed to him with the invincibility of the joy of Iraq, the resistance, the mobilization and the army, and that no conference should be held at all. Baghdad so as not to spoil it. "
He stressed, "We reject and I refuse Kamft and take full responsibility and who hears my voice now, to postpone these conferences until the end of the joy of Iraq and sit arrange the house in the right order and to put him intact columns of defects and sedition of malicious headheads sold Iraq."
"We warn, we advise and hope to hear our words, and we can not guarantee that the masses will go out and beat those who will meet in the regions and congratulate those who do this thing," Sheikh Sumaidaie said.
He said, "This is so far keen and asked, leave the time," pointing out "the conflict between the Islamic Party and the alliance of forces do not agree to want to sabotage Iraq as the streets of sit-ins and their intransigence and inaudible, and advise them advise Mashhadani (Mahmoud Mashhadani) to hear the words and say, Your life is not taking action to sabotage something you do not like. I advise Salim al-Jubouri to sit down and gather the Sunnis first and Iraq. Second, the security of your brothers and the Shiites will not hear the breath of the outside countries and neighboring countries to burn the country. "
In his question, who represents the Sunnis, Sumaidaie said that "the parties intervened in the life of Sunnis constitutionally and thank God enough Shiites where the parties did not interfere constitutionally in the reference, and the Sunni reference unified after 2016 in the House of Ifta Iraqi and there is no Mufti non-Sumaidai and respected references, Reference is ordered to close the mosques and the club coming, Baghdad are not a reference, the life today to the Iraqis who stood with Iraq.
With regard to the spread of illegal marriages and dealing with them after the urging, he explained, "I will have a large role in this house, and there is an understanding between us and the Supreme Judicial Council and souls in this regard."
As for the Qatari crisis and its boycott by a number of countries, al-Sumaida'i said, "I am with Qatar because Qatar is paying the price because of Iraq, because I have information from those who told him because they refused to vote for the popular crowd to solve it and consider it a terrorist organization. This is real information, and as long as it stands with the crowd and I do not accept the harassment of the crowd so I stand with it and speak this information knowledge. "
"I have fear because the Americans or our enemy said that the people would come out with a new name and I am afraid of this thing, and I am sure that they made the alternative and then they spoke," he said.
Sumaidaie congratulated "the armed forces, the popular crowd and the sons of the Islamic resistance all with a message saying to them thank you thank you for the separation and reward you good, you have paid for us and our country what the bad guys of bad reputation."
As for the referendum in the Kurdistan region, he said, "I hope that the Almighty God of Massoud Barzani will bring his good to the Kurds, and the Kurds will avoid this history that is not good and that makes a stick. I ask God to bring cold water to Massoud's heart enough for Iraq."
URGENT Pictures of the "Baghdad conference" and the withdrawal of clan elders
Date of release: 2017/7/13 10:36 • 873 times read
(Baghdad: al-Furat News) held a "Baghdad conference" headed by the deputy leader of the Union of Iraqi forces, Mahmoud Mashhadani.
The correspondent of the agency {Euphrates News} that "the conference was attended by deputies and personalities on the Sunni component, including Mishan Jubouri and Nahda Daini and Kamel Dulaimi, Abdul Rahman Alwaisi and Jamila al-Obeidi and Ziad Zerab and Zaytoon Dulaimi and other personalities."
He added that "the conference held at the Babylon Hotel in the area of Baghdad in Baghdad, witnessed the withdrawal of tribal sheikhs from the Adhamiya area without explaining the reasons for that."
The Mashhadani told the {Euphrates News} yesterday that the conference "will discuss the launch of a national project to be taken from Iraq as a reference to him and the Iraqi government and a state ordered him."
Other Sunni parties also plan to hold a similar conference in Erbil at the end of this month
He added that "the conference held at the Babylon Hotel in the area of Baghdad in Baghdad, witnessed the withdrawal of tribal sheikhs from the Adhamiya area without explaining the reasons for that."
The Mashhadani told the {Euphrates News} yesterday that the conference "will discuss the launch of a national project to be taken from Iraq as a reference to him and the Iraqi government and a state ordered him."
Other Sunni parties also plan to hold a similar conference in Erbil at the end of this month
The Baghdad conference adopts recommendations that fight sectarian ditching and conspiracy projects
Baghdad -Journal News
The Preparatory Committee for the Baghdad National Congress, which was held on Thursday in Baghdad, stressed the importance of unity and solidarity in the post-urging and away from the sectarian ditching.
"The conference represents a cry of living conscience and a call to line up in a single trench, just like the fighters on the battlefield," said head of the preparatory committee Kamel al-Dulaimi.
He pointed out that "political strife is the one that brought us to this situation and must be avoided." He stressed that "conferences do not mean anything like the national message and end the sectarian strife that lasted for 13 years."
"We have rejected support from any point of view because the conference is within the national framework," he said, adding that "a set of recommendations will be read at the end of the conference will be presented as a working paper to partners at home."
Set up four generating units at Hilla gas station
Baghdad - Journal News
The engineering and technical staff of the first Hilla gas power plant, in cooperation with the US GE plant, started installing four new gas generation units in two stages.
"The work of the first phase included the erection of the seventh and eighth generation units, the second phase will include the installation of the second and fourth units. The work has been completed by 22 percent and the capacity of the unit is 20 megawatts," Ministry of Electricity spokesman Musab al-Madaris said in a statement. "He said.
He explained that "the first Hilla gas power plant is one of the important industrial projects that the Iraqi government decided to establish during 1973, with the aim of increasing the production of electricity at that time and filling the demand for this energy to establish an integrated electrical system covering all areas of the Iraqi state.
Iraq signs a contract with General Electric to invest gas in two fields
13 -07-2017. Oil Minister Jabbar Ali al-Allaibi said on Thursday that the ministry is continuing to implement its strategic plans to secure the financial revenues of the treasury of the Iraqi state and the development of the oil industry.
This came during a ceremony held by the ministry to sign a contract for the implementation of the project for the optimal investment of gas in the fields of Nasiriyah and Gharraf with General Electric Company (Baker Hughes), for the production of dry gas and condensate and liquid gas.
Al-Obeibi said the project represents a qualitative step in the process of gas investment and will be carried out in two phases: the first to implement a gas drying and compressing plant (70-100 million standard cubic feet per day), the second phase of the project and the construction of a new gas liquids plant with a capacity of 200 million standard cubic feet Daily.
The minister added that the project will contribute to stopping the burning of gas in the fields of Nasiriyah and Al Gharaf, as well as providing dry gas for use as fuel for power plants and reducing the use of heavy fuel in these stations, which helps to enhance the efficiency of electricity production and reduce environmental damage.
He added that the project will produce hundreds of thousands of tons of gas liquids annually in the form of LPG and condensate and export surplus to global markets, which will return large revenues to the state treasury, as well as the production of liquid gas
The minister pointed out that the project will provide many different functions in the implementation and operation phases for the people of the province of Dhi Qar.
Kauaihn Iraq Articles:
Start the activities of the Baghdad National Conference
The Baghdad National Congress began in Baghdad under the slogan "Towards a state of citizenship, not a constituent state".
"The conference was attended by a number of members of the House of Representatives who represent the provinces of Baghdad, Nineveh, Salah al-Din, Anbar, Diyala and Kirkuk, as well as representatives of local governments and tribal elders and clergy."
The withdrawal of a number of tribal elders from the "Baghdad conference"
Baghdad - Journal News
A number of tribal sheikhs have decided to hold a "Baghdad conference" at the Babel Hotel in the center of the capital.
"There are a number of tribal sheikhs present at the Baghdad National Conference," they decided to withdraw from the conference because they did not agree with its provisions, the Journal News reported.
Al-Asaib warns of US efforts to destabilize southern provinces
The Popular Front for the Liberation of Palestine warned Thursday against any attempt to destabilize the southern cities, saying that the resistance factions would oppose any project threatening the security of their areas.
The leader of Asaib Ahl al-Haq Naim al-Aboudi said in a statement to the «Journal News», that "the factions of resistance included in the popular crowd will not be dragged to the US administration by dragging it into internal fighting, especially that there is agreement for all Shiite forces on the sanctity of blood," pointing out that the fighting Between the Shiite component is unlikely and anyone who tries to step on this step will decide to commit suicide. "
He added that "the popular mobilization forces and resistance factions will fail any American project to influence those areas, especially after the failure of its project in the western regions."
Trump describes Putin's talks as "tough"
US President Donald Trump spoke of the nature of his talks with Russian President Vladimir Putin at the G20 summit in Hamburg last week.
"I was very strict in my talks with Putin," Trump said in an interview with the Reuters news agency on Thursday. "They are very important and can save many lives, for example thanks to the truce (in Syria) "He said.
Trump also referred to the allegations about Moscow's intervention in the US elections. "I would have asked Putin if he really supported me," Trump said.
The president noted that he had taken several steps that Moscow could not be surprised by, after taking over the presidency, and said: "Look what I did. Oil prices have fallen. We export liquefied gas to Poland, which Putin does not want. "
He added that Washington has boosted the Defense Ministry budget by $ 56 billion, saying: "All this does not want Putin, why can he support me?"
The US president described his first meeting with his Russian counterpart Vladimir Putin on the sidelines of the "20" summit, which took more than two hours, as "wonderful."
The Kurdistan Union appoints Ares Abdullah as head of his bloc in parliament instead of Ala Talabani
Follow-up / tomorrow Press:
The Patriotic Union of Kurdistan (PUK), headed by Jalal Talabani, announced on Thursday the appointment of MP Areez Abdullah as head of his bloc in the Iraqi parliament instead of Ala Talabani.
The Kurdish media quoted a decision signed by the deputy secretary of the Patriotic Union of Kurdistan Kosrat Rasul that "after the decision to isolate Talabani from the post of head of the Patriotic Union of PUK decided on July 12, 2017, the appointment of a member of the Patriotic Union of Kurdistan MP Abdullah Abdullah, head of the Patriotic Union of Kurdistan in the Iraqi parliament "He said.
Sources inside the Patriotic Union of Kurdistan (PUK) said on Wednesday that the bloc had sacked deputy Talabani from the parliamentary bloc.
The Patriotic Union of Kurdistan (PUK), headed by Jalal Talabani, announced on Thursday the appointment of MP Areez Abdullah as head of his bloc in the Iraqi parliament instead of Ala Talabani.
The Kurdish media quoted a decision signed by the deputy secretary of the Patriotic Union of Kurdistan Kosrat Rasul that "after the decision to isolate Talabani from the post of head of the Patriotic Union of PUK decided on July 12, 2017, the appointment of a member of the Patriotic Union of Kurdistan MP Abdullah Abdullah, head of the Patriotic Union of Kurdistan in the Iraqi parliament "He said.
Sources inside the Patriotic Union of Kurdistan (PUK) said on Wednesday that the bloc had sacked deputy Talabani from the parliamentary bloc.
Kauaihn Economic Times:
Precious metals are either breaking down or setting up for a big rally
ECONOMIC TIMES / CHATTER
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GLOBAL /NEWS/INFO
Medical debt? Big changes are coming to the way credit agencies report
CNN Money
Starting Sept. 15, the three major credit reporting agencies will set a 180-day waiting period before including medical debt on a consumer's credit report. Read the full story
Verizon data breach: 14 million customers reportedly exposed
Fox News
Fox News
Millions of Verizon customer records have been exposed after an Israeli technology company left user data unprotected, according to a new report. Read the full story
Warren Buffett uses this simple psychological trick to be persuasive and so can you, says influence expert
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OIL/COMMODITIES/ENERGY
Gold tallies a third consecutive session gain
MarketWatch
Gold ended higher Wednesday, buoyed by U.S. political uncertainty fueled by Donald Trump Jr.'s release of email exchanges linked to a meeting with a Russian lawyer last year. Investors also digested Congressional testimony from Federal Reserve Chairwoman Janet Yellen, who reiterated the central bank's "gradual" approach to raising interest rates. August gold rose $4.40, or 0.4%, to settle at $1,219.10 an ounce. Read the full story
July 17, 1898, Headlines Spur Klondike Gold Rush
The Echo News
The Echo News
Among those who mined or otherwise profited from the Gold Rush, many remained in Alaska. “Wise Mike” Stepovich stowed away on a steamer headed for Skagway. Read the full story
Oil bosses see more pain as price recovery slips back to 2020
Energy Voice
Three years into the biggest oil downturn in a generation, industry bosses see the recovery slipping further from view. It could easily take until the end of the decade for better times to return to an industry that’s already endured a longer slump than most people expected, according to Total SA Chief Executive Officer Patrick Pouyanne and Weatherford International Plc head Mark McCollum. Executives gathering at the World Petroleum Congress in Istanbul said they’re still focused on repairingRead the full story
Oil prices dip as OPEC expects less demand for its crude
Reuters
Oil prices dipped on Thursday as producer club OPEC said it expected demand for its crude to decline next year as rivals pump more, pointing to a market surplus in 2018 despite efforts to tighten supply. Read the full story
Oil prices hold steady as investors watch U.S. supply
MarketWatch
MarketWatch
Continued growth in U.S. oil output underpins the views that U.S. producers remain resilient amid low prices. Read the full story
Precious metals are either breaking down or setting up for a big rally
Business Insider UK
The Macroeconomic Perspective Gold and Silver are assets which have been of great importance for thousands of years. Up until a few decades ago, gold was explicitly linked to currencies (such as the US$) and was broadly used as money. In the past few decades – particularly following Nixon’s decoupling of the gold/dollar convertibility – precious metals have been greatly criticized by leading academics and investors alike. Warren Buffet famously called gold a “barbarous relic”, but is he right? Read the full story
BANKS/BANKING
International derivatives rules prompt look at law change
Scoop
Scoop
July 13 (BusinessDesk) - International efforts to remove some of the risks associated with over-the-counter derivatives products have spurred the Reserve Bank and the Ministry of Business, Innovation and Employment to look at changing the law to make ... Read the full story
Swiss private bank Falcon introduces bitcoin asset management
Reuters
Reuters
Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoins via their cash holdings with the bank from Wednesday, a move that signals the traction the virtual currency is gaining even in slow-changing asset management. Read the full story
These banks will do well in the second half of 2017, says Credit Suisse
CNBC
CNBC
Credit Suisse turns more optimistic on Southeast Asian banks as the region's domestic demand will drive growth even as exports soften for the rest of 2017. Read the full story
All Ethiopian Banks To Integrate Their Mobile Payment Service
Addis Insight
Addis Insight
Eth Switch PLC a company that is engaged in IT and Banking sector is set to launch a mobile payment system that integrates all banks. According to Ato Bezuneh Bekelle, CEO of Ethio Switch when the mobile banking payment integration completed in two months it will ease mobile money transfer among different banks. The service... Read the full story
Slow to start, banks wrestle with insolvency regime
Business Standard
Business Standard
Neeraj Singhal, promoter and vice-chairman of Bhushan Steel, was arrested by the Central Bureau of Investigation (CBI) in August 2014. Singhal’s arrest came days after the agency had arrested S K Jain, the then chairman and managing director of Syndicate Bank on bribery charges. Soon after, the Bhushan Steel account was referred to a joint lenders’ forum. It was part of the Reserve Bank of India’s (RBI) asset quality review in 2015 before being declared a non-performing asset (NPA) by the end of Read the full story
TREASURIES/BONDS/STOCKS
The stock market may not be able to defy gravity for much longer
MarketWatch
MarketWatch
U.S. stocks have gone for over a year without a major drawdown, prompting some strategists to predict a swoon that could shave as much as 5% off of the S&P 500. Read the full story
Opinion: Stocks could crash if the Fed’s Yellen can’t perform a miracle
MarketWatch
MarketWatch
Can she and central bank policy makers really drain trillions of dollars in liquidity without harming the economy? Read the full story
Stock market hasn’t been this quiet since Lyndon B. Johnson was president
MarketWatch
The last time Wall Street trading was this quiet, Lyndon Johnson was president, The Sound of Music was the movie to see, and on the radio, the Rolling Stones were searching for satisfaction. Read the full story
Treasury yields slip most in 4 weeks after first day of Yellen testimony
MarketWatch
MarketWatch
The release of Federal Reserve Chairwoman Janet Yellen’s prepared congressional testimony shows the central bank is looking to taper its balance sheet but that the prospect of an additional rate hike would depend on how inflation evolves. Read the full story
A possible rule change could have big implications for muni bonds
Business Insider UK
In her quarterly missive, Cumberland’s Patty Healy offered a terrific summary of credit conditions in the US muni market. Here’s that commentary:cumber.com/2q-2017-
Dow aims for fresh record as Yellen emboldens bulls
MarketWatch
MarketWatch
U.S. stocks are set for a higher open Wall Street, with the Dow average on track for another record after dovish comments from Federal Reserve Chairwoman encouraged investors to dive back into the stock market. Read the full story
European stocks rise again, building on largest advance in 2½ months
MarketWatch
MarketWatch
European stocks largely step higher Thursday, building on the prior day’s sizable jump that was sparked by dovish comments from U.S. Federal Reserve chief Janet Yellen. Read the full story
Asian markets extend rally after Yellen’s dovish comments
MarketWatch
MarketWatch
Global equities extended their rally in Asia on Thursday, as dovish comments from Federal Reserve Chairwoman Janet Yellen improved risk-taking appetite. Read the full story
INSURANCE
Generali puts $50 billion German life portfolio on block: sources
Reuters
Reuters
Italy's Generali has put its 44 billion euro ($50 billion) German life insurance portfolio up for sale as it restructures in Europe, sources close to the matter said. Read the full story
CURRENCIES
Dollar capped after Yellen, Canadian dollar stands tall on BOC rate hike
Metro US
Metro US
By Shinichi Saoshiro TOKYO (Reuters) - The dollar was capped against a basket of currencies early on Thursday after Federal Reserve Chair Janet Yellen did not sound as hawkish as many had anticipated, while the Canadian dollar stood near a 13-month high after its country's central bank hiked interest rates for the first time since 2010. The U.S. economy is healthy enough for the Fed to raise rates and begin winding down its massive bond portfolio, though low inflation may leave the central bank Read the full story
Pound euro exchange rate - sterling RECOVERS as UK exports and employment SOAR
Express
POUND sterling has recovered against the euro after encouraging data released out of the UK. The exchange rate has climbed to €1.128, up from a low of €1.118 just yesterday. Sterling dived to its lowest level against the euro since November 2016 after comments from the Deputy Governor of the Bank of England . Read the full story
NZ Dollar Rises As Asian Markets Traded In Positive Territory
RTTNews
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday, as Asian stock markets traded in positive territory. This followed the overnight gains on Wall Street after Federal Reserve Chair Janet Yellen's testimony before Congress indicated that the central bank will gradually tighten policy and also reduce the size of its $4.5 trillion balance sheet. Also, higher commodity prices lifted resources stocks. Read the full story
Rupee hits three-week high against US dollar
Livemint
Livemint
Mumbai: Both the Indian rupee and 10-year bond prices hit three-week high on Thursday after Consumer Price Index (CPI)-based inflation fell to record low and factory output growth slowed sharply, making a strong case of rate cut by the Reserve Bank of India (RBI). Read the full story
USA
Trump arrives in Paris on second Europe trip in a week
CNN
CNN
US President Donald Trump has arrived in Europe for the second time in a week, a trip meant as a pomp-filled celebration of transatlantic ties at a time of anxiety on both continents. Read the full story
IRS boss Koskinen backs tax reform, calls system 'a mess'
Fox News
Fox News
IRS Commissioner John Koskinen said Wednesday that the agency fully supports tax reform efforts, acknowledging the existing U.S. tax code is such a "mess" that even he struggles to fill out his federal returns. Read the full story
Oil woes still spilling into bankruptcy courts
Chron.com
Chron.com
The number of Texas companies seeking to restructure their debt and reorganize under Chapter 11 of the U.S. Bankruptcy Code hit a record high during the first six months of 2017. So did the number of bankruptcy filings in Houston. Read the full story
FED: The US economy is growing, but not quickly enough to accelerate wage growth
Business Insider
WASHINGTON (AP) - The U.S. economy grew at a steady pace in late May and June and hiring was solid, yet the improvements weren't enough to accelerate wage or price growth. The Federal Reserve says the economy expanded in 10 of its 12 districts. It grew just slightly in St. Louis and Philadelphia. The anecdotal information in the Fed's survey, known as the Beige Book, is used to supplement its economic data and will be considered when Fed officials next meet July 25-26. The report suggests the Read the full story
US will become one of the world's top gas exporters by 2020'
the guardian
IEA says growth in production, as fracking opens up shale oil and gas deposits, will see US rival Russia and Norway The American shale gas revolution will enjoy a second wind as rapid growth in domestic production sees the US join the world’s club of top gas exporters, a leading energy authority has predicted. Fracking has already opened up US shale oil and gas deposits, leading to a fall in gas prices and greenhouse gas emissions as power generation switches from coal to gas, as well asRead the full story
EMERGING MARKETS
Billion barrel Mexico find could spur rush on next oil auctions
Energy Voice
A billion-barrel crude discovery in Mexico could be just the lure the country needs to boost investment from oil majors as it lacks the wherewithal to reverse years of sagging output. At a time when global oil prices were cratering, and drillers were nervously cutting exploration funds, Mexico’s earliest auctions drew spotty interest. Since then, however, European drillers led by Italy’s Eni SpA have increasingly become involved. The find in Mexico’s shallow waters could drive added interest —Read the full story
Emerging Market ETFs Hit Fresh Highs: Thanks, Fed
Barron's
Barron's
The biggest emerging market exchange-traded funds jumped 2% Wednesday, and ETFs in China, India and Greece also rallied. Read the full story
India: An Emerging Market for the Long Term
Investopedia
Investors looking to own a single emerging market for the long term may want to consider India. Read the full story
ETF lyers: Uneven Emerging Market Performance
Barron's
Exchange-traded funds tracking stocks in South Africa, Brazil, Phillippines, and Russia were among the biggest gainers of the day, but that emerging market performance has been uneven year-to-date. Read the full story
MIDDLE EAST
Quatar and its opposing quartet: What's next in the standoff?
CNN
US Secretary of State Rex Tillerson is holding meetings but the brokering of any compromise between Qatar, Saudi Arabia, the UAE and others seems a long way off. Read the full story
First Abu Dhabi Bank value leader in Thursday’s mid-trade
Mubasher
Mubasher
Abu Dhabi – Mubasher: First Abu Dhabi Bank’s stock saw active trades in Thursday’s mid-session, becoming the value leader. The stock reached AED 10.40 by 12:30 pm UAE time after adding 2.46%, its highest gains since mid-April. The market saw … Read the full story
AFRICA
Zimbabwe: Fear as Govt Set to Print More Bond Notes
AllAfrica
AllAfrica
(Photo: IRIN) Government is in the process of scouting for a new $500 million facility to back more bond notes the central bank intends to introduce in the near future, Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya has said. Already in circulation are 170 million bond notes. The notes were introduced last November to ease biting cash shortages backed by a $200 million Afreximbank loan facility. Eight months after the introduction, the quasi currency has failed to eliminate winding queues Read the full story
Chinese personnel set sail for first African military base
Fox News
Ships carrying personnel for China's first overseas military base set sail on Tuesday to begin setting up the facility in Djibouti, as China's rapidly modernizing military extends its global rea Read the full story
Africa can feed the world, says former president of South Africa, FW de Klerk
CNBC\
The continent of Africa can take advantage of the world's growing population according to a former South African leader. Read the full story
Africa: Market Information Gap Threatens U.S.$400 Billion Intra-Africa Trade'
AllAfrica
Access to information across African economies, which has been hindered by the fragmented nature of the respective markets, is currently threatening a $400 billion intra-Africa trade potential. Africa Export-Import Bank (Afreximbank) said the present transactions value at $170 billion remained their due to wide gap in market information, which now needs to be closed to foster accelerated trade integration. Meanwhile, the size of intra-African trade could be doubled from the current level ofRead the full story
ASIA
Cutting-edge trade portal opens - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports - VietNam News
Sino-Mexican consortium wins oilfield exploration contract in Mexico
POST Online Media
POST Online Media
A consortium of one Chinese and two Mexican companies won a contract to explore and extract hydrocarbons from a field in eastern Mexico. The consortium, which consists of three companies - China's Shandong Kerui, and Mexico's Sicoval MX and Nuevas Soluciones - obtained the contract for Area Six, a field of 193 square kilometers in th... Read the full story
China economy to grow 6.6 percent in 2017, topping government target despite policy curbs: Reuters polls
Metro US
By Yawen Chen and Kevin Yao BEIJING (Reuters) - China's economic growth is expected to top the government target to reach 6.6 percent in 2017, tempering initial worries of a sharper slowdown as Beijing walks a policy tightrope with its quest to crackdown on financial risks and limit damage to the economy. An upturn in global demand for Chinese goods could cushion the impact on growth from curbs on property and debt risks, which have seen a modest tightening in monetary conditions, economists Read the full story
Hong Kong stocks are leading the way as Asian markets continue their run
Business Insider UK
Business Insider UK
Francisco Leong/AFP/Getty Images Hong Kong’s Hang Seng index is on track for another intra-day gain of more than 1% this afternoon, and is now up an impressive 3.9% for the week. It follows another strong gain yesterday which pushed the index to a two-year high above 26,000. Investing.com See the rest of the story at Business Insider NOW WATCH: These are the watches worn by some of the most powerful men in finance See Also: Silver just had a flash crash The 10 most important things in the world Read the full story
Hong Kong, China most at risk of financial crisis within next three years, bank warns
South China Morning Post
South China Morning Post
Over 40 out of 60 economic indicators suggest crisis is coming, including soaring debt and property prices, reports says Read the full story
Survival of the fittest: Applicable to economies around the world?
The Indian Economist
The Indian Economist
By Pablo Bejar Vulnerability to both currency and GDP crises on average remains significantly lower than it was in the 1980s and 1990s. For Latin Americans, there are few memories as nightmarish as the “lost decade” of the 1980s, with its flagging growth and soaring levels of debt, inflation and unemployment. During the last four decades, other emerging and developing regions have suffered the same fate, as many countries saw “severe internal fragilities” that grew into reckless dictatorships,Read the full story
EUROPE
Why EU-Japan deal is huge boost for BREXIT and UK CAN get free market access
Express
THE European Union’s free trade deal with Japan is a major boost for post-Brexit Britain, the director of Global Britain has declared. Senior EU and Japanese officials reached a landmark free-trade agreement last week in a deal which could boost exports by £17billion annually and create thousands of jobs in the EU. Tariffs on much of their bilateral trade will be phased out over some years, and other economic areas, such as Japan's public tender system, will be opened up. Read the full story
Business focus: Banks face off against start-ups in the battle for interns
Evening Standard
Evening Standard
More than 400 students from across Europe will stream out of Goldman Sachs’ light-streamed offices in Fleet Street on Wednesday at the end of another day on a 10-week summer internship programme. Read the full story
Whatever russels may claim the EU is still imploding, says LEO MCKINSTRY
Express
THE European Union has always been characterised by supreme arrogance. Its leaders combine a contempt for democracy and nationhood with a messianic belief in their ideology of federal unity. But now their imperiousness has reached new heights, based on the theory that their cherished project is back on track after years of crisis. This renewed self-righteous fervour is reflected in their increasing bullishness towards Britain over Brexit, highlighted by their extortionate claim for a "divorce" Read the full story
UK will not a pay penny more than necessary for EU exit bill: Brexit minister
Reuters
Reuters
Britain will not pay the European Union a penny more than it needs as part of its Brexit settlement, junior Brexit minister Steve Baker said on Thursday. Read the full story
May Faces Battle Over Brexit Laws as Clock Ticks on EU Talks
Bloomberg
Bloomberg
U.K.'s Fox Says Must Ensure Stability in Brexit Process One year after becoming U.K. prime minister, Theresa May is braced for political trench warfare over Brexit as she finally unveils the landmark law that will take Britain out of the European Union. Opposition politicians are plotting to unite with rebels in May’s Conservative Party to re-write the key piece of legislation that will prepare the U.K.’s law book for leaving the EU -- before she has even published it. That could end up Read the full story
Europhile Macron admits Germany thrives on weakness of other 'dysfunctional' EU economies
Express
Express
THE EU is “incomplete” and will struggle to reform unless Germany releases it’s strangle–hold on the euro zone’s economy, Emmanuel Macron has suggested. The French president claimed the powerful German economy thrived from the “weakness” and dysfunction of others. Mr Macron said: “I have never reproached Germany for being competitive. But a part of German competitiveness is due to the dysfunctionalities of the euro zone, and the weakness of other economies. Read the full story
Blessed and Highly Favored:
There are no updates on the CBI or ISX websites for Friday, July 14, 2017 due to Iraq's holy day.
UN Operational Rates Update:
The UN Operational Rates were published on Wednesday, July 12, 2017 and will become effective on Friday, July 14, 2017. Also, there is a 48 hour window on either side of July 14, 2017 for the numbers to be revised and still be official for July 14, 2017 (IMO...Tuesday, July 18, 2017)
Please note there is no mid-month revision on 12 July 2017 for 14 July 2017.
TNT Intel Update for 07/13/2017:
Reports are coming from Iraq TV covering the following issues and concerns:
1. It is time to complete the economic reforms.
2. The time has come for the private sector to be launched.
3. An expressed need for the Iraqi currency to represent its "true" value.
4. Their purchasing power will increase.
5. The citizens will receive their long awaited backpay and subsidies.
2. The time has come for the private sector to be launched.
3. An expressed need for the Iraqi currency to represent its "true" value.
4. Their purchasing power will increase.
5. The citizens will receive their long awaited backpay and subsidies.
There was basically a lot of talk about the economic reforms being escalated. Time Will Tell! (The END is near.)
Blogs:
Frank26 We are in a time period right now – that started Monday. I believe the things we are seeing right now are VERY EXCITING! There is an enthusiasm in regards to the lava flow of the monetary reform. As you know, on Monday, Abadi declared victory. Now...the following day (Tuesday)...“Ring-A-Ding-Ding”
Dr. Shabibi...said that he would add value to their currency for their citizens – meaning he wants to take care of the Iraqi’s inside of the borders. If the citizens get paid on the 21st...will we get paid too? WS [Walking Stick...reference Frank26 post 7-11-2017]...by the 21st of this month has to pay his employees, not only a rate of 1 to 1...but it has to be 100% dinars. WS company as of RIGHT NOW...has to pay at 5% in CASH...and the other 95% has to be paid in eDinars...and if the citizens want their money...they MUST go get a card! Everything will be electronic in the future! This is brilliant! This is the MCP on steroids. This will control the auction! This is what the IMF wanted! This is the definition of the lava flow! This TEACHES the CITIZENS... This is what Dr. Shabibi wanted! This will affect the auctions for cash values. Since Monday...the speed of light for the MR has really increased! The BIS article that said they had merged with the CBI website happened over a year ago. What is interesting though is they are GOING TO ACTIVATE THAT LINK! Bank of INTERNATIONAL Settlements (BIS) – what does Iraq need to do now to lift the value? INTERNATIONALISM! There is some crazy stuff going on and I’M EXCITED!
Frank26 We found something – a press release from the West – congratulations from President Trump to Abadi – all he says is congratulations about Mosul. Then we have the same article from an Arabic site which shows additional information – they also talked about congratulations on the reforms. Donald Trump called Abadi...IMO...they were talking about the monetary reform. ...They’ve got security and stability man!
Delta...the CBI has to move forward. The media … just like we predicted … as soon as they get Mosul … speed of light. Right away the media has been jumping the gun on talking about the economy, etc. ..the CBI...we’ve known since January they been wanting to pull the trigger. The next 24-48 hours is going to be very interesting.
The Big Call w/ Bruce Intel Tidbits 7-13-17
Bruce, I am never going to bring something to you that I feel is not the truth . I vet it. I have to feel confident about it. I never and would never try to tell you anything that is not true.
We have thought that we have been there for weeks; even several months. Looking back we can see things come through in the last week or two that needed to happen before the GCR could happen.
Massive funds that needed to move to cover all our exchanges and groups. Those things all needed to be in position. We hear that they are now. Is there anything else we are waiting for? I can't say there is anything else.
We really are at the point we can believe this is the time for all of us. It's real and It's coming.
We know people whose funds are now showing little bit of liquidity. Most people’s funds are in pending account status or SKR's. We know the date for these people to have this liquidity and it's very, very close.
We know that they have the intention to pay us out very soon and to get us started. We know there are groups in the cue slightly ahead of us; some have exchanged and some are still waiting.
We know that it's supposed to be a shotgun start or an orchestrated start. That's still the plan.
I get a lot of information from several different sources. What we are hearing about Mosul is that it is safer than some of the places in the U.S.
They've been celebrating in Iraq and they are ready to go. The ISX is open. There's a good possibility that early Sunday morning the Forex will recognize the Dinar.
We also know the Iranian Rial is part of the GCR. We've known for 14 weeks.
I can tell you that I believe that they've tried to do trades between banks around the world to bring the currencies up to a rate at a fairly high value.
What's going on with our groups? The Farm claims? The PP's? The Indian claims? The Fines and penalties? It is my understanding that they are in the process, and maybe see progress over night tonight or sometime tomorrow.
The activity out west has been going great.
We should all be a part of that process very soon. I really think we should be a part of this by the weekend. This is based off what I'm hearing.
We are also hearing that the Redemption Centers were at 85% staffed on Tuesday. Since then, we are on hot status which is like "engaged". We don't come off "hot" status until exchanges are completed. We are 95% staffed.
This is all of the Tier 1 & Tier 2 banks. At 90%, that's enough of a percentage to go.
What else is going on? I am hearing, the internet group should have at least 6 days to exchange at the Redemption Centers's. The Tier 1 & 2 banks will be exchanging at the same time and will go 9 - 10 days.
At some time, there will be a resetting, the John Q people will start around July 28th. That's the timeline as it's laid out.
We are right there imo, and we could get started through the weekend. Most of us will be out in and done in 3 to 4 days.
We are in the place of expectation. We think the weekend will be highly significant for us. We know the rates will be continuing to trade up... Interesting about the Forex. There's a safety valve on the Forex that will allow them to go up 30 - 40% but only drop about 8%.
The new rates may show on Saturday night,,,UN rates. Unknown if they will. It might be a significant day for us. It could be, but I just don't know.
The new rates may show on Saturday night,,,UN rates. Unknown if they will. It might be a significant day for us. It could be, but I just don't know.
Bruce feels we are at the point to be notified!
I am still hoping this is the last call we will have to do for about a month.
ZAP's Mid-Week Report - The Office of POOFness - 7.13.17
Zap Says
HI ALL
SORRY FOR TAKING SO LONG TODAY. IT HAS BEEN BUSY A TIME THE LAST DAYS, AND IT AIN’T DIMINISHING. BUT THAT’S OK. THE WORK THAT IS BEING DONE NOW IS QUITE EXTENSIVE TO PREPARE FOR THE FUTURE. THE STRUCTURAL ELEMENTS OF THE PROCESS NEED TO CONSIST OF MANY ORGANIZATIONS THAT WILL CARRY THIS GLOBAL WORKLOAD.
IT CAN BE ASSUMED THAT THIS WORKLOAD WILL CARRY RIGHT TO THE COMMUNITY ROOTS, AND START THE CHANGE AT THE STRUCTURAL LEVEL. THERE ARE MANY UGLY AND DEFUNCT NEIGHBORHOODS THAT CAN BE CHANGED EASILY. THE NEIGHBORHOODS WILL BE REVAMPED, OR TORN DOWN TO BUILD NEW WITH THE NEW STRUCTURAL ELEMENT TECHNOLOGY.
FOR EXAMPLE, RE-BAR MADE OF STONE/GLASS THAT IS MUCH STRONGER AND HIGHER TENSILE STRENGTH TO OUR BEST STEEL TODAY, AND IT DOESN’T CORRODE. COMMUNITIES THAT CAN BE BUILT OF “WONDER MATERIALS” CAN TAKE THE MOIST INTERESTING SHAPES. FANTASTIC IMAGINATION CAN PLAY CHORDS OF MAGNIFICENT ARCHITECTURE AND BECOME QUITE THE RENAISSANCE IN THE REDEVELOPMENT OF ANY GIVEN AREA. SUBURBS CAN FLOURISH WITH LOTS OF GREEN AND SUPER COOL LOOKING NEIGHBOURHOODS.
IMAGINE FOR A MOMENT SUCH A SCENARIO. YOU WOULD BE LIVING IN WHAT WOULD BE LUXURY STANDARDS OF BUILDING EXCELLENCE IN TODAY’S TERMS. WE NOW HAVE THE TECHNOLOGY TO DO THIS, AND REQUIRE ONLY THE WILL OF THE PEOPLE TO DO SUCH A CHANGE. REMEMBER THAT SUCH COMFORT LEADS TO A STRONG FAMILY WHEN COUPLED WITH A GOOD SOLID JOB THAT HAS LONGEVITY. SO IMAGINE THE NEIGHBOURHOOD OUT OF STAR TREK, WITH A GOOD JOB. WE CAN NOW EXPECT SUCH NEIGHBORHOODS.
THIS IS THE NATURAL RESULT OF RELEASE OF FUNDS. ALSO A REASON WHY ALL THE SECRECY. NOW THAT THE NEWS IS OUT THERE ON THE INTERNET, OTHERS ARE REPEATING THE SAME THING WITH GREAT VIGOR. AGAIN I CAUTION DISCERNMENT AS IF YOU LOOK AT THE END RESULT, THE REVERSE ENGINEERING DEMANDS THAT RELEASES TAKE PLACE IN SUCH A WAY AS TO PROVIDE FOR ECONOMIC DEVELOPMENT PROJECTS ON A GLOBAL BASIS. THIS HAS ALWAYS BEEN THE PURPOSE, AND IT IS ABOUT TO TAKE PLACE. IT SEEMS EVERYBODY WANTS THE SAME THING, AND SO IT BECOMES.
I AM JUST HAPPY THE LONG WAIT IS OVER, AND WE CAN GET TO THE WORK AHEAD OF US. BE AT THE READY TO BEGIN SOMETHING IN YOUR NECK OF THE WOODS, AND THINK OF HOW TO HELP OTHERS AND IMPROVE A CONDITION. THAT IS ALL THAT YOU NEED TO DO, AND ONCE YOU HAVE THIS IN MIND, WHETHER TO OPEN A MOM AND POP GROCERY STORE, OR WORK AT THE OFFICE TO PROVIDE A SERVICE, YOUR LIFE CHANGES AND YOU DO SOMETHING THAT HELPS EVERYTHING. WHEN EVERYONE HAS A JOB AND MAKES LOTS FOR THEIR FAMILY OR THEMSELVES, THE CHANGE IS AUTOMATIC.
THIS SEEMINGLY IDEAL STATE IS ACTUALLY A GIVEN REALITY WITH US WITH ALL THE TECHNOLOGIES WE HAVE AT OUR DISPOSAL. WONDER STRUCTURAL ELEMENTS ARE A GOOD START, BUT DO NOT FORGET THE OTHER SECTORS THAT WILL BE AFFECTED. WE HAVE FOOD PRODUCTION, POWER, MEDICAL, AND ALL THE OTHERS. DO NOT FORGET WATER, NEVER MIND THE AIR. ALL OF THESE THINGS ON THE TO-DO LIST ARE NECESSARY FOR OUR WORLD TO GET CLEAN. WE DID THIS, WE CAN GET THINGS BACK TO PRISTINE STATE AND HAVE GOOD WATER AND AIR.
WITH THE RIGHT MINDSET, AND THE RIGHT MONEY, THIS WILL TAKE PLACE, AND I ASSUME THIS IS WHAT EVERYONE HAS BEEN AWAITING. PRETTY GOOD PROBABILITY THIS WILL NOW TAKE PLACE FROM WHERE I’M SITTING.
IN THE MEANTIME, EVERYTHING HAS GONE INTO A QUIET MODE WHILE INFRASTRUCTURE IS BUILT AND OFFICES MADE OPERATIONAL. IT IS NOT A FIVE MINUTE JOB. WE ARE ALSO DOING OUR BEST TO HURRY THIS PROCESS BUT IT WILL TAKE A WHILE TO GET ALL IN PLACE AND WORKING PROPERLY. THEN SERVICES CAN START WITH ALL THE ORGANIZATIONS THAT HAVE LABORED FOR SO LONG TO GET THIS DONE FOR OUR HUMANITY.
GOD BLESS, WE LOVE YOU, AND STAY CALM.
IN FORTHRIGHT GRATITUDE
LOVE AND LIGHT
IN OUR SERVICE
ZAP
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
JULY 12, 2017
COPYRIGHT ZAP 2013-2017
Kauaihn Chatter:
7-14-2017 Intel Guru Delta ...the CBI has to move forward. The media … just like we predicted … as soon as they get Mosul … speed of light. Right away the media has been jumping the gun on talking about the economy, etc. ..the CBI...we’ve known since January they been wanting to pull the trigger. The next 24-48 hours is going to be very interesting.
7-14-2017 Intel Guru Frank26 We found something – a press release from the West – congratulations from President Trump to Abadi – all he says is congratulations about Mosul. Then we have the same article from an Arabic site which shows additional information – they also talked about congratulations on the reforms. Donald Trump called Abadi...IMO...they were talking about the monetary reform. ...They’ve got security and stability man!
7-14-2017 Intel Guru Frank26 We found something – a press release from the West – congratulations from President Trump to Abadi – all he says is congratulations about Mosul. Then we have the same article from an Arabic site which shows additional information – they also talked about congratulations on the reforms. Donald Trump called Abadi...IMO...they were talking about the monetary reform. ...They’ve got security and stability man!
7-13-2017 Intel Guru RayRen98 Reports are coming from Iraq TV covering the following issues and concerns:
1. It is time to complete the economic reforms.
2. The time has come for the private sector to be launched.
3. An expressed need for the Iraqi currency to represent its "true" value.
4. Their purchasing power will increase.
5. The citizens will receive their long awaited backpay and subsidies.
There was basically a lot of talk about the economic reforms being escalated. Time Will Tell! (The END is near.)
7-13-2017 Newshound Guru Adam Montana ...we are looking good! It's always been my opinion that an RV would happen on a Sunday, since that's the start of their week. I'm not saying it is THIS Sunday...but it could be!
7-13-2017 Newshound Guru mike Article: "Financial Fraudsters Hit ‘Dollar Market’ In Iraqi Kurdistan" Iraq told us that once the 50K note came out that the suitcases of money would disappear, clearly, it didn't: Locals often use US dollars to make big ticket purchases because, due to exchange rates, one would need to carry suitcases stuffed with dinars to buy anything like a car. A handful of dollars can be substituted instead. Larger denom's won't work, they need to move to smaller notes with more purchasing power.
1. It is time to complete the economic reforms.
2. The time has come for the private sector to be launched.
3. An expressed need for the Iraqi currency to represent its "true" value.
4. Their purchasing power will increase.
5. The citizens will receive their long awaited backpay and subsidies.
There was basically a lot of talk about the economic reforms being escalated. Time Will Tell! (The END is near.)
7-13-2017 Newshound Guru Adam Montana ...we are looking good! It's always been my opinion that an RV would happen on a Sunday, since that's the start of their week. I'm not saying it is THIS Sunday...but it could be!
7-13-2017 Newshound Guru mike Article: "Financial Fraudsters Hit ‘Dollar Market’ In Iraqi Kurdistan" Iraq told us that once the 50K note came out that the suitcases of money would disappear, clearly, it didn't: Locals often use US dollars to make big ticket purchases because, due to exchange rates, one would need to carry suitcases stuffed with dinars to buy anything like a car. A handful of dollars can be substituted instead. Larger denom's won't work, they need to move to smaller notes with more purchasing power.
7-13-2017 Newshound Guru Adam Montana
[As the UN is suggesting that Iraq quickly activate the HCL, and the UN also has some clout over the distribution of funds to go to Iraq, do you believe the HCL will be activated much sooner than later?] I'm leaning towards *SOON*. This is turning into a perfect situation for Iraq.7-13-2017 Newshound Gurus mike & chattels The dollar is the fastest decline against the dinar in months. Article: "Dollar falls against the dinar in the Iraqi Stock Exchange" Quote: "The record sale of the dollar in exchange fight in Baghdad today 's price of 125 thousand and 650 dinars, the purchase price of 125 thousand and 600 dinars for $ percent, while the sale price of the dollar record yesterday 126 thousand and 150 dinars, the purchase price 126 thousand and 100 dinars per dollar cent." 1261-$1 to purchase the dollar.
7-13-2017 Intel Guru RayRen98 It has been an interesting week. Coming out of Monday, Abadi speech, proclamation...escalation of reform process has commenced. Citizens were told this week and we are halfway there. ...noticed the BIS has now linked CBI Iraq to it’s site. Either they are fully international and there is no announcement or they are on their way...public release surfaces between now and Friday...That is the expectation.
7-13-2017 Newshound/Intel Guru Mnt Goat Article quote: "He also urged the government in Baghdad and the Kurdistan Regional Government to benefit from the ideal military cooperation in the fight against Daeash, and to start work now to resolve outstanding issues, especially the issue of the referendum on the independence of the Kurdistan Region of Iraq and the implementation of Article 140 of the Constitution with regard to borders and disputed areas , Especially the status of Kirkuk, through dialogue and genuine partnership." Here it is in black and white from the UN. Iraq needs to settle this article 140 and with it get HCL passed. Its all interconnected.Why are they telling them this now. Why just after the liberation of Mosul? The UN is reminding them to be united as one country and what divides them is this oil dispute. They need a law and to enforce it.
Elmer:
Not in today
Artmeister:
7/14/2017 12:44:00 AM Conference Call, Intel, The Big Call, Thoughts
Intel Tidbits from The Big Call Thursday Night 7-13-17
Bruce, I am never going to bring something to you that I feel is not the truth . I vet it. I have to feel confident about it. I never and would never try to tell you anything that is not true.
We have thought that we have been there for weeks; even several months. Looking back we can see things come through in the last week or two that needed to happen before the GCR could happen.
Massive funds that needed to move to cover all our exchanges and groups. Those things all needed to be in position. We hear that they are now. Is there anything else we are waiting for? I can't say there is anything else.
We really are at the point we can believe this is the time for all of us. It's real and It's coming.
We know people whose funds are now showing little bit of liquidity. Most people’s funds are in pending account status or SKR's. We know the date for these people to have this liquidity and it's very, very close.
We know that they have the intention to pay us out very soon and to get us started. We know there are groups in the cue slightly ahead of us; some have exchanged and some are still waiting.
We know that it's supposed to be a shotgun start or an orchestrated start. That's still the plan.
I get a lot of information from several different sources. What we are hearing about Mosul is that it is safer than some of the places in the U.S.
They've been celebrating in Iraq and they are ready to go. The ISX is open. There's a good possibility that early Sunday morning the Forex will recognize the Dinar.
We also know the Iranian Rial is part of the GCR. We've known for 14 weeks.
I can tell you that I believe that they've tried to do trades between banks around the world to bring the currencies up to a rate at a fairly high value.
What's going on with our groups? The Farm claims? The PP's? The Indian claims? The Fines and penalties? It is my understanding that they are in the process, and maybe see progress over night tonight or sometime tomorrow.
The activity out west has been going great.
We should all be a part of that process very soon. I really think we should be a part of this by the weekend. This is based off what I'm hearing.
We are also hearing that the Redemption Centers were at 85% staffed on Tuesday. Since then, we are on hot status which is like "engaged". We don't come off "hot" status until exchanges are completed. We are 95% staffed.
This is all of the Tier 1 & Tier 2 banks. At 90%, that's enough of a percentage to go.
What else is going on? I am hearing, the internet group should have at least 6 days to exchange at the Redemption Centers's. The Tier 1 & 2 banks will be exchanging at the same time and will go 9 - 10 days.
At some time, there will be a resetting, the John Q people will start around July 28th. That's the timeline as it's laid out.
We are right there imo, and we could get started through the weekend. Most of us will be out in and done in 3 to 4 days.
We are in the place of expectation. We think the weekend will be highly significant for us. We know the rates will be continuing to trade up... Interesting about the Forex. There's a safety valve on the Forex that will allow them to go up 30 - 40% but only drop about 8%.
The new rates may show on Saturday night,,,UN rates. Unknown if they will. It might be a significant day for us. It could be, but I just don't know.
The new rates may show on Saturday night,,,UN rates. Unknown if they will. It might be a significant day for us. It could be, but I just don't know.
Bruce feels we are at the point to be notified!
I am still hoping this is the last call we will have to do for about a month.
Bruce, I am never going to bring something to you that I feel is not the truth . I vet it. I have to feel confident about it. I never and would never try to tell you anything that is not true.
We have thought that we have been there for weeks; even several months. Looking back we can see things come through in the last week or two that needed to happen before the GCR could happen.
Massive funds that needed to move to cover all our exchanges and groups. Those things all needed to be in position. We hear that they are now. Is there anything else we are waiting for? I can't say there is anything else.
We really are at the point we can believe this is the time for all of us. It's real and It's coming.
We know people whose funds are now showing little bit of liquidity. Most people’s funds are in pending account status or SKR's. We know the date for these people to have this liquidity and it's very, very close.
We know that they have the intention to pay us out very soon and to get us started. We know there are groups in the cue slightly ahead of us; some have exchanged and some are still waiting.
We know that it's supposed to be a shotgun start or an orchestrated start. That's still the plan.
I get a lot of information from several different sources. What we are hearing about Mosul is that it is safer than some of the places in the U.S.
They've been celebrating in Iraq and they are ready to go. The ISX is open. There's a good possibility that early Sunday morning the Forex will recognize the Dinar.
We also know the Iranian Rial is part of the GCR. We've known for 14 weeks.
I can tell you that I believe that they've tried to do trades between banks around the world to bring the currencies up to a rate at a fairly high value.
What's going on with our groups? The Farm claims? The PP's? The Indian claims? The Fines and penalties? It is my understanding that they are in the process, and maybe see progress over night tonight or sometime tomorrow.
The activity out west has been going great.
We should all be a part of that process very soon. I really think we should be a part of this by the weekend. This is based off what I'm hearing.
We are also hearing that the Redemption Centers were at 85% staffed on Tuesday. Since then, we are on hot status which is like "engaged". We don't come off "hot" status until exchanges are completed. We are 95% staffed.
This is all of the Tier 1 & Tier 2 banks. At 90%, that's enough of a percentage to go.
What else is going on? I am hearing, the internet group should have at least 6 days to exchange at the Redemption Centers's. The Tier 1 & 2 banks will be exchanging at the same time and will go 9 - 10 days.
At some time, there will be a resetting, the John Q people will start around July 28th. That's the timeline as it's laid out.
We are right there imo, and we could get started through the weekend. Most of us will be out in and done in 3 to 4 days.
We are in the place of expectation. We think the weekend will be highly significant for us. We know the rates will be continuing to trade up... Interesting about the Forex. There's a safety valve on the Forex that will allow them to go up 30 - 40% but only drop about 8%.
The new rates may show on Saturday night,,,UN rates. Unknown if they will. It might be a significant day for us. It could be, but I just don't know.
The new rates may show on Saturday night,,,UN rates. Unknown if they will. It might be a significant day for us. It could be, but I just don't know.
Bruce feels we are at the point to be notified!
I am still hoping this is the last call we will have to do for about a month.
Catnip:
ARTICLE 1 (from PM Abadi's website; posted on both Arabic and English sides)
Prime Minister Dr. Haider al-Abadi sponsors a technical meeting on the Mosul Dam
Prime Minister Haidar al-Abadi patronized a technical meeting on the Mosul Dam between the Ministry of Water Resources and the Italian company supervising the dam and the engineering advisory team.
The meeting was attended by the Italian ambassador and the US ambassador to Baghdad.
Dr. Abadi pointed out the need to address the obstacles, and continue to work in the project, and the maintenance of the Mosul Dam because of the great importance in providing water and electric power to citizens.
And thanked the sovereignty of the Iraqi and Italian companies involved in the maintenance of the dam.
For his part, the Italian ambassador praised the victories and the liberation of Mosul and the price of the leadership of Dr. Abbadi for this battle and the victories achieved.
Prime Minister 's Media Office
13 July 2017
The meeting was attended by the Italian ambassador and the US ambassador to Baghdad.
Dr. Abadi pointed out the need to address the obstacles, and continue to work in the project, and the maintenance of the Mosul Dam because of the great importance in providing water and electric power to citizens.
And thanked the sovereignty of the Iraqi and Italian companies involved in the maintenance of the dam.
For his part, the Italian ambassador praised the victories and the liberation of Mosul and the price of the leadership of Dr. Abbadi for this battle and the victories achieved.
Prime Minister 's Media Office
13 July 2017
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ARTICLE 2
Asadi: The crowd will participate in the battle of Hawija and all the liberated areas
BAGHDAD, July 13 (UPI) - Popular Forces spokesman Ahmad al-Asadi said on Thursday that "the mobilization forces will participate in the liberation of Hawija and the liberated areas of a sympathetic organization," noting that "the crowd will be the main participant in the liberation of Hawija and all areas Unedited ".
Al-Asadi continued that "the popular crowd continues to address the groupings of groups calling west of the city of Mosul, causing heavy losses material and human," pointing out that "the popular crowd managed yesterday to exterminate a seven-wheeled convoy west of Mosul and killed all of it." AH
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Al-Asadi continued that "the popular crowd continues to address the groupings of groups calling west of the city of Mosul, causing heavy losses material and human," pointing out that "the popular crowd managed yesterday to exterminate a seven-wheeled convoy west of Mosul and killed all of it." AH
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ARTICLE 3
MacGork: America will support Iraqi forces in the battles of Hawija, Tal Afar and Qaim
WASHINGTON, July 13 (Xinhua) - US President George W. Bush's envoy to the International Coalition for Iraq and Syria, Brett McGurk, announced on Thursday the preparation of a list of 18,000 foreign fighters in the "Daash" organization, stressing that the United States will support Iraqi forces in restoring districts Tal Afar, Hawija and Qaim from the grip of the organization.
"We have prepared a list of the names of 18,000 foreign fighters," McGourke said in a speech at a mini-coalition meeting held at the State Department. "Our forces will support the Iraqi forces in reclaiming Tal Afar, Hawija and al-Qaim."
"$ 119 million has been allocated for humanitarian assistance and we hope to see contributions from our partners," McGork said, welcoming the invitation of the Emir of Kuwait to host a conference for the reconstruction of Iraq. Finished
"We have prepared a list of the names of 18,000 foreign fighters," McGourke said in a speech at a mini-coalition meeting held at the State Department. "Our forces will support the Iraqi forces in reclaiming Tal Afar, Hawija and al-Qaim."
"$ 119 million has been allocated for humanitarian assistance and we hope to see contributions from our partners," McGork said, welcoming the invitation of the Emir of Kuwait to host a conference for the reconstruction of Iraq. Finished
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ARTICLE 4
The allocation of one million dinars for every displaced survivor from the abducted Yezidiat
BAGHDAD, July 13 (Xinhua) - A number of files were discussed during the meeting, including the end of fighting in the right-wing Mosul province, and the importance of resuming the stability of the areas liberated by the concerned ministries. And to emphasize their safety. "
She added that "the Higher Committee for Relief and Shelter of the displaced agreed to allocate one million dinars for each survivor of Yezidiat in coordination with the Ministry of Labor and Social Affairs and the emphasis on work to support them to overcome the psychological crisis they suffered," adding that "the High Committee unanimously agreed to deliver electricity to camps Displaced persons in the Husseiniya area of Baghdad as well as the approval of the construction of the infrastructure of the displaced persons camp in Karbala province and was directed to the Ministry of Health to meet the needs of the Erbil health department and provide the necessary medical services for them. AH
She added that "the Higher Committee for Relief and Shelter of the displaced agreed to allocate one million dinars for each survivor of Yezidiat in coordination with the Ministry of Labor and Social Affairs and the emphasis on work to support them to overcome the psychological crisis they suffered," adding that "the High Committee unanimously agreed to deliver electricity to camps Displaced persons in the Husseiniya area of Baghdad as well as the approval of the construction of the infrastructure of the displaced persons camp in Karbala province and was directed to the Ministry of Health to meet the needs of the Erbil health department and provide the necessary medical services for them. AH
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ARTICLE 5
Intelligence: Arrest of three terrorists who entered Baghdad with displaced families from Mosul
BAGHDAD - Iraq's military intelligence announced the arrest of three "terrorists" who entered the capital Baghdad with displaced families from Mosul.
The military intelligence directorate said in a statement that it "arrested three terrorists in accordance with Article 4/1 terrorism beside Karkh in the capital Baghdad."
She explained that the detainees "belong to the so-called Nineveh province," noting that "they had entered the capital with families displaced from the province of Nineveh." Finished
She explained that the detainees "belong to the so-called Nineveh province," noting that "they had entered the capital with families displaced from the province of Nineveh." Finished
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ARTICLE 6
Senior chemical weapons expert killed by unidentified gunmen in Hawija
KIRKUK, Iraq, July 14 (UPI) - A senior chemical weapons expert was killed by unidentified gunmen in Hawija district, southwest of Kirkuk province, according to a military official.
Capt. Kamran Mahmood of the Iraqi Peshmerga forces said that "the intelligence received by the Kurdish forces indicates that the body of the chief chemical weapons expert was found in an organization called" Abu al-Baraa "in the city of Hawija.
The military official said that "Abu Barra" was killed in mysterious circumstances by unknown gunmen inside his house in the military neighborhood in central Hawija.
He explained that "Abu Barra has a university degree in chemistry, and worked as an officer in the Iraqi army before 2003 in the Military Industrialization and a sequence in multiple locations before he was a member of Al Qaeda, and then organized a preacher."
He pointed out that "Abu al-Bara contributed to building a system of chemical weapons in Syria and Iraq," adding that "the leader of the organization of Abu Bakr al-Baghdadi, Abu Bakr al-Barra transferred to Syria, and no one knows how he returned to the presence in Hawija."
The military official revealed the attempt of the militant organization to conceal the killing of "Abu Bara", where he was buried in secret in a cemetery for the organization south of the city. Finished
The military official said that "Abu Barra" was killed in mysterious circumstances by unknown gunmen inside his house in the military neighborhood in central Hawija.
He explained that "Abu Barra has a university degree in chemistry, and worked as an officer in the Iraqi army before 2003 in the Military Industrialization and a sequence in multiple locations before he was a member of Al Qaeda, and then organized a preacher."
He pointed out that "Abu al-Bara contributed to building a system of chemical weapons in Syria and Iraq," adding that "the leader of the organization of Abu Bakr al-Baghdadi, Abu Bakr al-Barra transferred to Syria, and no one knows how he returned to the presence in Hawija."
The military official revealed the attempt of the militant organization to conceal the killing of "Abu Bara", where he was buried in secret in a cemetery for the organization south of the city. Finished
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ARTICLE 7
The launch of large-scale operations in the area of "Tel gold" south of Balad district
The security forces have launched large-scale operations to eliminate the pockets of Daqash remaining south of Balad district in the city of Samarra, a security source said Friday morning.
"The command of the operations of Samarra, the 74th Brigade of the Iraqi army, the Yathrib police station and the Iraqi Air Force launched a large-scale security operation this morning to eliminate the remaining pockets that threaten the safety and security of the citizens," he said. Elements calling and destroying stacked mortar bombs. " AH
"The command of the operations of Samarra, the 74th Brigade of the Iraqi army, the Yathrib police station and the Iraqi Air Force launched a large-scale security operation this morning to eliminate the remaining pockets that threaten the safety and security of the citizens," he said. Elements calling and destroying stacked mortar bombs. " AH
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ARTICLE 8
Storming a village in front of the west of South Qayara
Nineveh, July 14 (UPI) - The Popular Front for the Liberation of Palestine (UPDF) announced on Friday that it had stormed the village of Imam west of the northern axis south of Qayyarah.
"The 50th Brigade in the popular mobilization and the support of the 9th Armored Division of the Iraqi army stormed the village of Imam West from the northern axis south of Qayyarah," the Popular Media Information Center said. "Our forces continue to advance in accordance with plans for plotting to restore the village from a tight control"
"The 50th Brigade in the popular mobilization and the support of the 9th Armored Division of the Iraqi army stormed the village of Imam West from the northern axis south of Qayyarah," the Popular Media Information Center said. "Our forces continue to advance in accordance with plans for plotting to restore the village from a tight control"
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ARTICLE 9
Send the Communications Act to Parliament after merging a number of its paragraphs
BAGHDAD, July 14 (KUNA) - The Parliamentary Culture and Information Committee revealed on Friday that it has sent the Communications and Information Authority Law to the Presidency of the Council of Representatives.
"The amendments to the law consisted of merging a number of paragraphs that appeared in the version sent by the federal government with those prepared by the committee in advance to this effect," she said. The adoption of the law during the current legislative term of the House of Representatives. "
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