Monday, July 10, 2017

Word on the Street Monday 7/10/17

Word on the Street Monday 7/10/17

 TNT Bank Story:  PastorJohn
GA Family. I am one who had a bank appointment. It was great. Better then we thought it could be.
To the doubting Thomas who might be among us. It was real.
Family be prepared to be treated professional and surprise at the integrity of the banks. Wow!!
Keep your hope high Family. And give praise and thanks for God's faithfulness
You too will experience what was promise to you and more
The banks are prepare to talk to all of us. Make sure your I are dotted and t's cross. This is business to them and caring for their depositers.
Rebuke the fear and all negative thoughts or attacks.
REI you need to solvent your heart. When you sign a NDA you will not say either.
We been on this journey many years not as long as most I'm sure but as of 10:15 AM. We know God's word is true. All will also. The word will go global
To all our family friends. We love you and always be praying for a quick conclusion for Iraq people and the nations around the world who are rejoicing at Iraqs freedom again
PM Al-Abadi returns to Baghdad tonight after announcing the liberation of Mosul
there's video of him from yesterday walking amongst the peeps
Haider Al-AbadiVerified account @HaiderAlAbadi 56m56 minutes ago
We joined the people of Mosul in their celebration of the city's liberation, brought about through the sacrifices of our brave forces
and this is on his site  a link to his statement

The Prime Minister and Commander-in-chief of the armed forces, Dr. Haidar Al Abadi, received a delegation of Christians from the city of Mosul on Monday morning, in the presence of a number of security chiefs.

"Our ambition is that all displaced people, religions, nationalities and sects, including the Christian Brothers, should return to their homes in Mosul, and the natural response to ISIL is to coexist," he said.

"Our diversity is our pride, and it must be preserved and thwarted by the ISIL scheme, which wanted to dye the Iraqis in one color and tear down their unity that they have been living in for thousands of years," Dr. Abadi said.

"Our duty is to protect and provide services to citizens regardless of their affiliation, and in my neck as an official to deal with all Iraqis without discrimination," said Dr. Abadi., and the coexistence of the Nineveh must prevail ", calling on everyone to preserve this victory, which courageously achieved our heroic forces and their bravery.

For his part, the members of the delegation congratulated the victories in Mosul and the bravery and liberation of the Iraqi forces and the cities and villages, expressing their pride in the diversity their concern for the unity and stability of the Iraqi people and their readiness to work and cooperate in order to facilitate the return of all displaced persons and to maintain security and stability in Mosul.
35 seconds ago

We are happy to see the return of the normal life of the citizens, all the more as a result of the sacrifices of the heroic fighters who have impressed the world with their bravery.
 
 
 

 

 

 Abadi's Speech

link

10 July 2017

In the name of God the Merciful
And thanks to Allah the Lord of the Worlds

From here from the heart of the free-freed Iraqi blood connector, we proclaim to all the world the victorious Iraqi victory, the great Feast of Iraq and the culmination of the three years of liberation with the victory of Mosul.

o Iraqis of the Aryan
You sons of Mesopotamia.
O Brave people of the Covenant.

We have fought one class, unites us and defeated the enemy in every fight over the past three years, and we have failed to disrupt the unity, Division and territory of Iraq.

From here, we proclaim to all the world the downfall and end of the myth state and the terror of ISIL.

Fighters and martyrs of Iraq and the wounded are the makers of victory and they are in our hearts and minds and consciences
and a greeting to their living families.

Tribute to the high religious reference positions of Mr. Al-Sistani's eminence and the historic fatwa of jihad.

Greetings to our heroic fighters in all kinds of victorious Iraqi forces.

You have fought the most difficult battles of modern times and you have finished the fable of Isil...

I salute the forces of altruism and courage in rescuing the men, women and children of civilians in the areas of combat and in your unique humanitarian dealings. You have given yourselves shields to protect them after the enemy has taken human shields to hide behind.

Iraqis have the right to be proud that the decision to edit in all its details by planning, implementing and accomplishing is an Iraqi and sovereign national decision based on the highest national interest and the Iraqi people and their heroic forces and their national capabilities, and did not fight on the ground other than the Iraqi fighters who had impressed the world with their bravery.

We thank all the states that have stood with Iraq in their fight against terrorism and have provided our troops with logistical and intelligence support, air cover and training.

We are coming to a new era and stability must be the goal of all after the triumph and action must be made to restore normalcy and security to the fullest extent possible.

Thank God for his bounty and his victory.
And victory is only from the dear and wise God.
Iraq has lived victorious.
Peace Mercy and Blessing of God shall be upon you



Dr. Haidar Abbadi
President of the Council of Ministers, commander-in-chief of the Armed forces
Old Connector 10/7/

 

Word on the Street Monday 7/10/17:
Forex Rates:
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CNBC Link:
DC NY Iraq Articles:

Iraq declares "victory" over the Islamic state in Mosul

Jul 09, 2017
(Reuters) - Iraqi Prime Minister Haidar al-Abadi said Sunday he had declared victory over the organization of an Islamic state in the city of Mosul .
He added that Abadi arrived in Mosul and congratulated the Iraqi forces and the Iraqi people victory.

The Iraqi Prime Minister, Commander-in-Chief of the Iraqi Armed Forces, Haidar Al-Abadi, arrived in the city of Mosul on Sunday afternoon and blessed the Iraqi forces to achieve the great victory over the terrorist organization "Da'ash".

Cairo - Sputnik. The media office of the Prime Minister's Office said in a statement on Sunday that "Abbadi arrives in the liberated city of Mosul, and bless the heroic fighters and the Iraqi people to achieve a great victory."
The correspondent of Sputnik in Iraq that Abadi had announced earlier, the end of the "Daash," after the forces were able to control the Grand Mosque of Nuri, in the old city of Mosul, which was announced by Abu Bakr al-Baghdadi, the leader of the organization at the beginning of what he called " "He said.
Abadi stressed that Iraqi forces will continue to pursue the organization until its last element in the country

The Iraqi Oil Ministry announced on Sunday the start of drilling the first well in the oil field near the Iranian border, which may contain reserves estimated at one billion barrels of oil.

The Ministry of Oil has started drilling the first well in the Hawizah oil field near the Iranian border, which is estimated at about one billion barrels," ministry spokesman Assem Jihad said in an interview with the New Arab.

He added that the ministry aims to "exploit and develop more of these oil fields ."

In the same context, Iraqi Oil Minister Jabbar al-Luaibi inaugurated the final expansion phase of the Al-Halafiya oilfield in the southern province of Maysan with the aim of doubling its capacity to 400,000 barrels per day by 2018.
The third and final phase of the development program will help reach the peak production of 400,000 barrels per day by increasing the production by 200,000 bpd," Al-Allaibi said during the groundbreaking ceremony.

The third stage of the project also includes the construction of 4 large tanks capacity of 30 thousand cubic meters, and the establishment of different flow lines for purposes such as oil, gas and water and the installation of a power plant for the project.

A consortium led by China's National Petroleum Corporation (PetroChina) is developing the field, consisting of France's Total and Malaysia's Petronas, under a contract with the Iraqi government in 2010.

Iraq produced 3.273 million barrels of oil per day in June, up from 3.262 million bpd in May.
Iraq is the second largest oil exporter in the Organization of the Petroleum Exporting Countries (OPEC), which agreed, in November, to reduce its total production by 1.2 million barrels per day, starting in January, to restore the balance between supply and demand, and then improve oil prices , And the organization returned weeks ago and extended the agreement to nine months.

Iraq has agreed to cut output by 210,000 barrels a day to 4.35 million barrels a day, Iraqi oil ministry officials say Baghdad has fully complied with the agreement.
Iraq relies on oil sales revenues to cover about 95 per cent of the State's expenditure. . The fall in crude prices since 2014 has had a major impact on the country's economy.

A delegation from the Supreme Council for the referendum will visit Baghdad and Arab countries

A member of the Supreme Council for the referendum in the Kurdistan region said Sunday that a delegation from the Council will visit Arab countries in order to inform officials of the decision of the people of Kurdistan to hold a referendum on independence and explain the dimensions and contents of the resolution, pointing out that the procedures and practical steps for the referendum has already begun, Visit to the President of the Kurdistan Region abroad for this purpose.
"After a visit by the delegation of Kurdistan Region, headed by Massoud Barzani, President of the Kurdistan Region and Chairman of the Supreme Council for the referendum of Brussels (the headquarters of the European Parliament and the Union), is scheduled to visit another delegation Arab countries. " Revealing that the delegation will visit Baghdad as the first station within his tour. "
The Supreme Council for the referendum of independence in the Kurdistan Region , held its first meeting on Saturday in the resort of Salahuddin near Erbil, headed by Massoud Barzani, President of the Kurdistan Region, and with the participation of representatives of all political parties and components of national and religious members of the Council (except the Movement of Change and the Islamic Group in Kurdistan).
The information received by Basnews earlier in the day, reported the formation of three negotiating delegations on independence, one of which will visit Baghdad to meet with Iraqi officials.
As for the other delegations, the first will discuss the issue of referendum and independence with neighboring countries, and the second with the United States and Europe.
Abdullah Verti, and the members of these Kurdish delegations, he pointed out that the component of each of them will change according to the destination of the delegation

 

The National Alliance confirms the launch of the national settlement in conjunction with the declaration of victory

(Baghdad: Al Furat News) The General Authority of the National Alliance in its periodic meeting in the presence of Prime Minister Haider Abadi, the launch of a national settlement in conjunction with the announcement of victory, while Iraq's unity is a red line.
A statement to the presidency of the coalition received the agency {Euphrates News} copy of it today that the meeting yesterday evening, the lives of martyrs and the public response to the fatwa of the holy jihad that protected Iraq, calling for the reconstruction of liberated areas and the reconstruction of the cities of the victims, urging the international community to shoulder its responsibilities in the file of reconstruction Calling for the benefit and security of all, valuing the role played by brotherly and friendly countries and their positions in support of Iraq in achieving victory. "
"They also discussed the most important developments of the political process and the post-liberation priorities of the terrorist advocate, as well as the relationship between Baghdad and Arbil and the conference to be held in Baghdad, welcoming the establishment of conferences on Iraqi territory, calling on the conference to review the timing to be more appropriate for national accord , Refusing to attend the wanted to eliminate it.
The two sides reiterated that "all the problems are solvable if there is a will to resolve and a culture of compromise, which requires national guarantees, assurances and mutual concessions."
The National Alliance warned of "resorting to terrorist operations targeting civilians," calling for "intensifying the security effort and empowering families and families who have helped liberate their cities from their administration and work to return the displaced to their cities and the reconstruction of liberated cities and the cities of liberators and exiles, Stressing the fairness of the popular crowd like other security institutions in terms of financial benefits. "
The participants expressed their "eagerness to announce the official victory of the Commander-in-Chief of the Armed Forces and their support for his steps in this direction, as well as calling on citizens to rejoicing in victory by organizing central events throughout Iraq."
On the elections, the coalition stressed the conduct of the election time and specified the call to deal with Kirkuk as a special situation in terms of the election law, pointing to a number of actions and initiatives in the fight against corruption.
While stressed the National Alliance on "the unity of Iraq promised a red line and the adoption of dialogue as a way to solve the problems between Baghdad and Erbil in response to the referendum to be held in the region

Iraq develops new field reserves of one billion barrels

The
The Iraqi oil minister announced on Sunday the development of the first well in the field of Hawizah border in the Iraqi province of Maysan on the border with Iran.
Jabbar Ali al-Allaibi said in a statement on the site of the Iraqi Ministry of Oil, that the development will be by the oil company Maysan, and the Iraqi drilling, in addition to the oil exploration company.
Al-Allaibi pointed out that the next phase will witness more projects to develop border fields.
The Undersecretary of the Ministry of Extraction of Iraq, Karim Khattab, that the surveys and preliminary forecasts indicate that the size of oil reserves of the field of Huweizah of more than one billion barrels, according to the statement.
A spokesman for the Iraqi Prime Minister's Office of Information said in mid-May that his country's production of oil rose 36% this year compared to its production in 2014.
Iraq plans to increase its crude production capacity to 5 million bpd before the end of this year.

Kauaihn Articles:

Real Estate Sector in Iraq: Strong competition matched by relative government support

The parliamentary "money" committee criticized the lack of government support to the construction sector and real estate "faltering" in Iraq, indicating that "this vital sector suffers from crises and challenges related to competition between companies, most of which follow the private sector."
"Despite the state's attention to the real estate sector, this vital sector is suffering from many crises and challenges," committee member Ahmad Hama Rashid told the Journal News Sunday.
He added: "The need of the market requires the contribution of the real estate sector in the revitalization of the national economy significantly, which leads to the result in reducing unemployment and inflation," stressing that "the real estate sector one of the aspects of economic activities as it meets the needs of citizens."
For his part, the economic expert, Majid al-Suri, told the «Journal News» on Sunday, "there are procedures for real estate ownership and rents all yield large returns to the budget.
He added: "The private sector in Iraq is the basis for the process of real estate development, especially the solution of the housing crisis, so mortgage financing in this sector is important to resolve the crisis mentioned."
The economic expert, pointed out that "Iraq needs more than two and a half million housing units and so far there is no government program to eliminate this crisis," revealing "initiatives to develop real estate financing has not been utilized."
The picture, that "the last of these initiatives, launched by the Central Bank of Iraq, has allocated the amount of 2 trillion dinars for this subject, but was not used optimally except for the housing fund."
The reason for this failure, attributed to the economic expert to "the inability of government financial agencies to exploit this process to develop the private sector and development of real estate credit."
The Iraqi state has moved towards revitalizing the local economy by activating the real estate sector as one of the non-bank financing aspects through real estate projects.

Putin praises Trump: "very different" in fact about him on television

The Russian president's statement came after a first meeting between the two leaders was on the back of the anticipation of allegations that Russia had a hand in the sudden victory of Trump in the US presidential election last year.
"The Trump you see on television is very different from the real Trump," Putin said after the G20 summit in Germany. He looks at his interlocutor in an appropriate manner and answers quickly to the questions posed. "
Putin expressed optimism that "the reform of US-Russian relations, which witnessed during the era of Obama unprecedented deterioration since the Cold War."
"All the reasons are available to say that we can partially restore the level of cooperation we need," he said.
"I believe that personal relations have been established," he said, adding that "the foundations were laid for a US-Russian rapprochement."
Mr Putin said the US presidency appeared less hawkish about the war in Syria, with Moscow and Washington supporting rival factions.
"I think the position of the United States (on Syria) is becoming more pragmatic," he said.
"There is a mutual understanding that we can do much if we join our efforts," he said, praising the agreement reached Friday between the Americans and the Russians for a cease-fire in southwestern Syria.


Side of the meeting
Rhodeau - Arbil

The President of the Kurdistan Region, Massoud Barzani, and the envoy of US President to the International Alliance, Brett McGurk, on Sunday, the referendum on independence in the Kurdistan Region, stressing the need to maintain contacts and discussions in this regard.

In a tweets on Twitter, McGowork said that during his meeting with Barzani, he thanked "the Peshmerga championship for leadership and cooperation with Iraqi forces during the battle of Mosul."

A statement issued by the Presidency of the Kurdistan Region, that "the two sides exchanged detailed views on the referendum and the steps of the people of Kurdistan towards independence, and stressed the continuation of contacts and discussions on this matter."

The meeting also discussed the security and political situation in Syria, the efforts of the United States and other forces to restore Al-Raqqa, and the transfer of "special thanks from the United States to President Barzani for what the Kurdistan Region provided great facilities to deliver humanitarian aid to the victims in Syria."

It is noteworthy that the US delegation also included the US ambassador to Iraq, Douglas Solomon, the US consul in Erbil agency, Henry Haggard, and a number of advisers to the US Embassy.
Translated and edited by: Shunem Abdullah Khoshnaw
Iran cuts off the Tigris River and doubles the Iraqi crisis

Thread Tools Show Printable Version Email this Page ... Subscribe to this Thread ... 09-07-2017 05:26 PM
The Euphrates -
Iran's plans to maximize water use have caused a large slice of Iraqis and large areas of the country to be damaged.

Experts warned that Iran's construction of a series of dams and huge water reservoirs on the water flowing from its territory and flowing into Iraq, which caused the cutting of water from many Iraqi areas and the reduction of water levels significantly, especially in the regions of Kurdistan.

The geological expert Ibrahim al-Morshedi said in a press statement that Iran has worked to change the course of the riverbeds of the Tigris River to new rivers and reservoirs within its territory as part of a plan to cut water flowing into Iraqi territory. He said that Iran cut water from the Aland River passing through the city of Khanaqin and City of Sulaymaniyah. Adding that the water cuts have had a great impact on agriculture in the areas of Sulaymaniyah, Kirkuk and Diyala, and affected hundreds of fish fields and gravel and sand deposits scattered in the areas adjacent to the river, pointing out that the continuation of Iran to impose a policy of hegemony over Iraq's capabilities, especially water, means that Iraq is coming The crisis is greater than the crises of electricity and services suffered by Iraq a long time ago.

He pointed out that the continuation of the water crisis in the regions of northern Iraq may force the Kurdistan Regional Government to establish dams on the Tigris River to meet the need of water and thus become the central and southern provinces affected most of Iran cut water from the small river Zab in the city of Sulaymaniyah.

In protest against Iran continuing to cut off water from the small Zab river, hundreds of Sulaymaniyah residents left for the third day in a row in front of the Iranian Consulate building in the city of Sulaimaniya demanding the federal government to intervene urgently to find out the real reasons for cutting off the small Zab River for economic impact. And the amount of water flowing to the province of Kirkuk.

The demonstrators called on the local government to exert pressure on the federal government to demand that Iran, through close ties with Tehran, abandon this process, and not cause the damage to the environment, agriculture and economic people of Kurdistan.

The Zab River is one of the most important water tributaries of the Tigris River. Its waters are an important source of drinking water for a number of residents of the Sulaymaniyah and Kirkuk regions and extend for a length of 402 km inside Iraqi territory.

For his part, warned the head of agriculture and water parliamentary Firas Tamimi, a recipe for the 'real disaster'; because of Iran cut off water from the small Zab River.

Al-Tamimi said in a press statement that the continued construction of dams by Iran and its cutting off of water from Iraq to feed its dams is a real disaster threatening Iraq in the future because it is causing the water level to drop to a large level. He pointed out that Iraq is suffering mainly from a major water crisis, especially in the summer. Largely on the agricultural reality in Iraq.

Al-Tamimi expected that Iran will cut off water from other rivers as a result of its continuing to establish projects on the sources of the Tigris River, "pointing out that the continuation of these projects will have negative results and returns in the coming years.

While officials in the Iraqi government and the Kurdistan Regional Government (KRG) are looking to return the water to the small Zab River, on Thursday evening, 6 July, Iran cut off water from the Alund River, the only river in the city of Khanaqin in Diyala, .

In a press statement, Sin said in a press statement that Iran on Thursday evening cut off the water releases of the Lund River, which enters the Khanaqin district of southwestern Iran, causing dwindling water flow in the river, which is the only water source for the city of Khanaqin. He pointed out that the authorities of Diyala province and senior officials in the government have been informed in order to move and discuss with the Iranian side to deal with this problem. He said that in such high temperature periods, Iran annually cuts off water from Khanaqin through the Alund river flowing from its territory .

After 2003, Iran changed the course of rivers and water streams that flow into Iraq to remain within its territory, depriving Iraq of its water share. This has drained many of these rivers and used them as a pressure card on the Iraqi government from time to time

Egypt confirms its "firm" commitment to support Iraq in its fight against terrorism

Release date: 2017/7/9 23:4029 times scheduled
(AFP) - Egyptian Foreign Minister Sameh Shukri on Sunday reiterated his country's "firm" commitment to stand by Iraq in its battle to defeat terrorism as part of Cairo's efforts to root out terrorism across the region.
The Egyptian Foreign Ministry said in a statement that this came during a telephone conversation
Shukri and his Iraqi counterpart Ibrahim al-Jaafari congratulated him on the victories achieved in a confrontational confrontation in the northern Iraqi city of Mosul.
He added that "the two ministers discussed the latest regional developments and ways to enhance cooperation between the two countries, both at the bilateral level or in the coordination of positions on regional issues in international forums.
He said Jaafari offered his condolences to Egypt on the killing of a number of military personnel in the attack that took place in the city of Rafah in North Sinai in the northeast of the country recently.
The statement pointed out that arrangements are being made for a future round of political consultation between the two countries at the level of foreign ministers, in addition to holding a meeting of the joint high committee headed by the prime ministers of the two countries.
The commander-in-chief of the armed forces, Haidar al-Abadi, announced today, during his visit to Mosul, a statement of victory and the complete liberation of the city from the gangs of terrorist and the end of the alleged caliphate of the terrorist Abu Bakr al-Baghdadi, but later confirmed during his meeting with the leaders of the ranks and formations at the headquarters of operations Nineveh , That "the declaration of great victory is a matter of time."
Abadi said that "the victory is settled and the remnants of the besieged trapped in the last news," pointing out that "this comes to my respect and appreciation of our forces, which continue to enrich the cleansing process and give them more support and determination to end the lie and the myth always calling for the elimination of the last terrorist in the land of Mosul
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GLOBAL/NEWS/INFO

A former Google[X] exec is building technology that she says will make telepathy possible in 8 years
The first use of the technology Mary Lou Jepsen is developing will be medical, but she says within the decade it will enable instant thought sharing.

3 traits truly successful people share, according to serial entrepreneur Carlos Watson
Carlos Watson says that high achievers have a mission — and a steel stomach.

OIL/COMMODITIES / ENERGY
Will it be third time lucky for gold futures trading in Hong Kong?
South China Morning Post
Physical delivery and longer trading time should help the HKEX to achieve higher turnover on its third attempt to launch gold trading, say traders Read the full story

Gold / Silver / Copper futures - weekly outlook: June 26 - 30
© Reuters. Gold falls to almost 4-month lows as stronger dollar weighs Read the full story


BANKS/BANKING

Before you open a credit card for the perks, here are 4 things to double-check
Business Insider UK
Americans are hooked on credit cards, thanks to the ever-enticing perks and benefits touted by lenders. But before you get overtaken by the enormous sign-up bonuses, annual travel credit, or Uber VIP status, there are a few crucial things to consider. Ahead of opening a new credit card, especially if you receive a direct offer in the mail, always double-check these four things: 1. Interest rates The annual cost of borrowing money charged by the credit card company is called the annual percentage Read the full story

Why Your Phone Will Be the Key to Future ATMs
The Wall Street Journal
Instead of keeping a library of customers’ biometric data—a juicy target for hackers—to allow access to automated teller machines, big banks are trying a different tack: relying on customers to store and safeguard the information themselves, via their own smartphones. Read the full story

U.S. banks face variety of risks, financial performance strong: regulator
Reuters
Many of the major risks U.S. banks face lay beyond their control, according to a review released by banking's top federal regulator on Friday that found the sector's financial performance remains strong. Read the full story

Two more US Banks quietly add support Microsoft Wallet
WMPoweruser
Two more US Banks now support Microsoft Wallet, as Ally Bank and First Light FCU bank have added support for tap to pay(via Reddit). This means users of these banks can now pay for goods and services with their phones. Microsoft Wallet also supports Bank of America, BECU, First Tech Federal Credit Union, People’s United […] Read More: Two more US Banks quietly add support Microsoft Wallet Read the full story

China’s retail banking poised to outgrow corporates as lenders aim for lower cost, better assets
South China Morning Post
Retail banking enjoys strong growth momentum in China as lenders are gearing up to build up the business with lower funding cost and better assets quality. Read the full story

TREASURIES/BONDS/STOCKS
The Week Ahead: 5 Things to Watch on the Economic Calendar
© Reuters. 5 Things to Watch on the Economic Calendar In The Week Ahead Read the full story

Week Ahead: Earnings Season Begins; Oil Falters; Dollar Lower?
Economy 2017-07-09 12:16:00 by Pinchas Cohen The Week That Was The US labor market continues to be a bright spot for the US economy and Friday morning’s nonfarm payrolls release of 220,000 beat estimates, with a revised April up to 200K and a trailing 3-month average at 180K, near the 2016 average of 187K – causing equity markets to rise. However, the unemployment rate ticked up with the participation rate. So, in essence, people who had not been looking rejoined the effort, which was enough to Read the full story

It's time for Wall Street to dump the Dow
Business Insider UK
I've been alive for nearly 37 years, and for as long as I can remember, the investing world has revolved around the iconic Dow Jones Industrial Average. The Dow, as it's more commonly known, isn't America's oldest index. That title goes to the Dow Jones Transportation Index, which also happened to be created by Charles Dow. Nevertheless, it was the Dow, currently featuring a complement of 30 U.S. multinational companies from a variety of industries, that grew into the index widely followed by Read the full story
3 Things to Watch in the Stock Market This Week
The Motley Fool
Why Pepsi, Wells Fargo, and Citigroup stocks could make big moves over the next few trading days. Read the full story

INSURANCE
Fate of FIAs Rests With DOL Rule Retooling
Insurance News
Could this week’s Department of Labor’s request for information on the fiduciary rule signal an opening for the return of fixed indexed annuity (FIA) sales under a less stringent exemption? The possibility gives policy analysts like Judi Carsrud, government affairs director for the National Association of Insurance and Financial Advisors, hope that advisors will get another shot at making life easier for themselves in the years to come. Nothing would please Carsrud and other annuity advocates Read the full story

CURRENCIES
Forex - Weekly outlook: July 10 - 14Investing.com
© Reuters. Strong pace of U.S. jobs growth boosts dollar Read the full story

USA
It's time to 'move forward' with Russia, Trump says
WDSU
It's time to 'move forward' with Russia, Trump tweeted on Sunday morning. Read the full story


Here's how the opioid epidemic is damaging the US economy
Business Insider UK

The opioid crisis has major costs for the U.S. economy, including the labor market, David Mericle, senior U.S. economist at Goldman Sachs, said in a Wednesday note. The report is one of the first from a major Wall Street bank focused on the growing epidemic killing more than 90 Americans every day. "The opioid epidemic is intertwined with the story of declining prime-age participation, especially for men, and this reinforces our doubts about a rebound in the participation rate," Mericle said. Read the full story

EMERGING MARKETS
Fund Flows: Brazil, India & Saudi Arabia Gain, Russia & Oil Lag
Barron's
The iShares MSCI Emerging Markets exchange-traded fund slipped 0.6% in the first week of July as fund flows waned in developing countries. Read the full story
Exclusive: Brazil banking clans may pay $1.1 billion for Havaianas maker, sources say
Reuters
Brazil's most prominent banking clans could pay between 3.3 billion reais and 3.5 billion reais ($1 billion and $1.1 billion) for a majority stake in Havaianas flip flop maker Alpargatas SA, two people with knowledge of the matter said. Read the full story




MIDDLE EAST

Iraqi Prime Minister congratulates armed forces for Mosul 'victory'


CNN Breaking News <CNNBreakingNews@mail.cnn.com>
Iraq's prime minister tweeted Sunday that he has arrived in the "liberated city of Mosul" and "congratulates the heroic fighters and the Iraqi people in achieving this great victory."
However, state TV reported that ISIS militants are still holding out in one neighborhood.
Mosul is Iraq's biggest city outside of Baghdad, and gaining control of the city was one of ISIS' most significant strategic wins. When the terror group seized Mosul in June 2014, it also took control of more that 2.5 million people and subjected some to horrors.

Iraq Mosul victory claimed
CNN

Iraqi Prime Minister Haider al-Abadi tweeted Sunday that he has arrived in the "liberated city of Mosul" and "congratulates the heroic fighters and the Iraqi people in achieving this great victory." However, state TV reported Sunday that ISIS militants are still holding out in one neighborhood of Mosul. Read the full story


Iraq declares "victory" over the Islamic state in Mosul


Jul 09, 2017
(Reuters) - Iraqi Prime Minister Haidar al-Abadi said Sunday he had declared victory over the organization of an Islamic state in the city of Mosul .

He added that Abadi arrived in Mosul and congratulated the Iraqi forces and the Iraqi people victory.



The Iraqi Prime Minister, Commander-in-Chief of the Iraqi Armed Forces, Haidar Al-Abadi, arrived in the city of Mosul on Sunday afternoon and blessed the Iraqi forces to achieve the great victory over the terrorist organization "Da'ash".

Cairo - Sputnik. The media office of the Prime Minister's Office said in a statement on Sunday that "Abbadi arrives in the liberated city of Mosul, and bless the heroic fighters and the Iraqi people to achieve a great victory."

The correspondent of Sputnik in Iraq that Abadi had announced earlier, the end of the "Daash," after the forces were able to control the Grand Mosque of Nuri, in the old city of Mosul, which was announced by Abu Bakr al-Baghdadi, the leader of the organization at the beginning of what he called " "He said.

Abadi stressed that Iraqi forces will continue to pursue the organization until its last element in the country.

GCC bourses seen volatile on lower oil prices
Mubasher
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Kuwait oil down $1.3
Mubasher
Kuwait - Mubasher: The price of Kuwait oil went down by $1.30 on Friday, according to the Kuwait Petroleum Corporation (KPC). Kuwaiti crude oil registered $44.17 per barrel (pb) on Friday, compared to $46.47 pb on Thursday, Kuwait News Agency … Read the full story

Kuwait aims to create thousands of new jobs for its nationals
Gulf Business
Kuwait's new privatisation programme is hoped to enhance economic growth and reduce state operational costs The post Kuwait aims to create thousands of new jobs for its nationals appeared first on Gulf Business. Read the full story

Q2 results likely to boost UAE bourses
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By: Mahmoud Gamal Dubai – Mubasher: The UAE stock markets are expected to be supported by the financial announcements for the second quarter of 2017, Wadah Al Taha, a member of the National Advisory Board of Chartered Institute for Securities … Read the full story



Qatar and its neighbors ranked among the world’s most ‘toxic’ nations
Doha News

Muhammad Kamran Qureshi/Flickr Photo for illustrative purposes only. Muhammad Kamran Qureshi/Flickr Qatar’s high level of air pollution has earned it a spot on a new map that highlights the world’s most toxic countries. The Gulf state ranked fourth worst on the list, which was published in January by UK-based Eco Experts and picked up by the Weather Channel this week. The most toxic country was neighboring Saudi Arabia, followed by Kuwait and Bahrain. The UAE and Oman came just after Qatar on Read the full story
Saudi Arabia Calls for Achieving SDGs at G20 Summit
Asharq Al-Awsat - English
From ASHARQ AL-AWSAT English. Saudi Arabia welcomed the work accomplished during the German Presidency of the G-20 Leaders’ Summit within the framework of the … continue reading Saudi Arabia Calls for Achieving SDGs at G20 Summit Read the full story

AFRICA
Zimbabwe's Mugabe in Singapore for medical treatment: paper
Reuters
Zimbabwean President Robert Mugabe is in Singapore for medical treatment, in his third such visit this year, a newspaper reported on Sunday. Read the full story
G20: success for Africa, failure for climate
DW
Traditionally, G20 leaders focus on issues relating to global economic growth, international trade and financial market regulations. The 2017 Hamburg summit was no different. However, Germany attempted to use its presidency to rally global leaders behind a number of causes, which the summit had not previously had on its agenda. Support for science Digital technology, for instance, was on the agenda and the threats of global pandemics. The 2014 outbreak of Ebola in West Africa, which had a ripple Read the full story
Over 3000 Chinese companies invest in Africa
AdomOnline
Currently, more than 3,000 Chinese Enterprises are investing in Africa, with more than 100 billion dollars gross assets. Madam Sun Baohong, Chinese Ambassador to Ghana, said this at a Conference on China-Africa Relations, which was recently held in Accra. She said China had constructed for Africa, railways and roads surpassing 7,000 kilometres in length, and had aided Africa over 1,000 set projects such as schools, hospitals and sports stadia. Ambassador Sun revealed that nearly half of the 60 Read the full story


ASIA

China’s retail banking poised to outgrow corporates as lenders aim for lower cost, better assets
South China Morning Post
Retail banking enjoys strong growth momentum in China as lenders are gearing up to build up the business with lower funding cost and better assets quality. Read the full story
New China-Europe freight train links Jiangxi, Uzbekistan
POST Online Media
A new China-Europe freight train running between eastern China's Jiangxi Province and Uzbekistan has been launched. The train loaded with steel coils, garments and daily items, valued at $1.8 million, departed from Ganzhou city Friday and is expected to leave China through Horgos in Xinjiang Uygur Autonomous Region, arriv... Read the full story
Trump threat drives Japan and China closer
East Asia Forum
Authors: Yoichi Funabashi and Harry Dempsey, AP Initiative Sino–Japanese relations have been stuck in a political quagmire for over six years. Tensions have resurfaced time and time again over the Senkaku/Diaoyu Islands since September 2010, when a Chinese fishing boat rammed two Japanese coast guard boats and its captain was arrested by the Japanese. Japan... Read the full story

EUROPE
UK-U.S. trade deal wouldn't be enough to make up for leaving the EU: minister
Reuters
A post-Brexit trade deal with the United States would not be enough on its own to make up for leaving the European Union, British justice minister David Lidington said on Sunday. Read the full story
EU, Canada agree free trade deal start
RiyadhVision
The President of the European Commission Jean-Claude Juncker talks with Canada’s Prime Minister Justin Trudeau (L) prior the beginning of the third working session of the G20 meeting in Hamburg, northern Germany, on July 8, 2017. :: The European Union and Canada said on Saturday they had agreed to start a free trade agreement between the two sides on Sept. 21, paving the way for over 90 percent of the treaty to come into effect. The Comprehensive Economic and Trade Agreement (CETA) has been Read the full story
Fresh data expected to show house price growth is slipping
Daily Mail
Fresh signs of a slowdown in the housing market are expected this week when one of the most highly regarded barometers of the sector is released. Read the full story
Blessed and Highly Favored:
CBI Update :
The CBI for Monday July 10, 2017 did update on the indicative rates Buy Rate 1182 and Sell Rate 1184
The currency auction is 176,791,244
There is no news and announcements for Monday July 10, 2017
ISX Update :
Value Traded
367,440,158
Shares Traded
615,657,623
Date of release: 2017/7/10 12:3759 times read
(Baghdad: Al-Furat News) Rafidain Bank, said that the grant of the five million to the employees of the State Department is subject to the process of intersection of information and data with electronic forms that are filled by the student advance.
The bank said in a statement received by the agency {Euphrates News} that "it is the process of information intersection of names received by the state departments who submitted the advance for the purpose of ensuring the possibility of finding their belongings from previous predecessor," noting that after the completion of the intersection process send names and form Meals to the relevant branch that will give the grant. "
Kauaihn Chatter :
7-9-2017 Intel Guru Dr. Clarke [Oil it seems is their saving grace and or ace in the hole so to speak. All wars are ultimately for the most part fought over resources.] OIL...whether you like it or not, IS where ALL your funding is coming from. You have an investment in OIL...Iraq, is just brokering the transaction, so to speak.

7-9-2017 Newshound/Intel Guru Mnt Goat
Article: "Security forces fight last hours in battle in Mosul." I can’t help but feel that Mosul must be now “fully” liberated. We still wait for PM Abadi to make this speech and declare it to the world. Not just the Iraqi people, but it is necessary to declare it to the entire world. This is not just a statement but a needed declaration. It serves many purposes.
7-9-2017 Intel Guru Jester [Do you think the G 20 meeting will be important in moving things forward?] IF I TOLD YOU EVERYTHING WAS ALREADY DONE AND WE WERE NOT WAITING ON ANYTHING ELSE EXCEPT THE FINAL ADJUSTMENT WOULD YOU THINK THAT IS IMPORTANT? IF I TOLD YOU THAT NO ONE WAS HOLDING ANYTHING UP WOULD YOU BELIEVE ME? BECAUSE I HAVE SAID ALL THOSE THINGS...IT'S DONE...THEY JUST HAVE TO...FINISH.

7-9-2017 Intel Guru Daz
NOW ON CNN...ABADI IN MOSUL...IN THE CROWD WITH THE IRAQ FLAG AROUND IS [HIS ?] SHOULDERS WITH THE CAPTION...MOSUL LIBERATED FROM ISIS.

7-9-2017 Newshound Guru Kaperoni Mosul officially liberated as Prime Minister Abadi visits the war torn area.

7-9-2017 Intel Guru RayRen98 PM Abadi is sending out the following text message: PM Al-Abadi arrives in Mosul to announce its liberation and congratulate the armed forces and Iraqi people on this victory...Articles are reporting "The Iraqi prime minister has declared the city of Mosul fully liberated from Islamic State..."

7-9-2017 Intel/Newshound Guru tman23 Looking for the lifting of the 3 zeros...and then how they treat the 3 zero notes at the exchange window...That is our investment in a nutshell...
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 receives a delegation of Christian brothers in Mosul

Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haidar Al-Abadi at the Ninewa Operations Headquarters Monday morning received a delegation of Christian residents of the city of Mosul, in the presence of a number of security leaders.
"Our ambition is for all displaced people and the people of religions, nationalities and sects, including Christian brothers, to return to their homes in Mosul," he said. "The natural response to the urge is to live together.
Dr. Abbadi added that our diversity is a pride for us, and it must be preserved and thwarted a plan that wanted to color the Iraqis in one color and tear apart the unity in which they lived for thousands of years.
"Our duty is to protect the citizens and provide services to them regardless of their affiliation, and in my neck as an official to deal with all Iraqis without discrimination, and coexistence must prevail among the people of Nineveh," he said.
For their part, the delegation congratulated the victories in Mosul and the courage of the Iraqi forces and liberated the cities and villages, expressing their pride in the cultural diversity and their keenness on the unity of the Iraqi people and their readiness to work and cooperate in order to facilitate the return of all displaced people.

Prime Minister 's Media Office
10 July 2017

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

Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abbadi held a meeting with the leaders of Al-Sanouf and the formations at the headquarters of Nineveh operations

Prime Minister and Commander-in-Chief of the Armed Forces, Dr. Haider Al-Abadi, held a meeting with the leaders of Al-Sanouf and the formation of the Nineveh Operations Headquarters in the city of Mosul today evening.
"It is a matter of time to declare to our people the great victory, and this comes to my respect and appreciation for our arrogant forces that continue the cleansing process and to give them more support and determination to end a lie and a myth that is forever calling for the elimination of the last terrorist on the land of Mosul," he said.
He added: "We came today to meet in the field and honor the battle, which left only one pocket or two pockets of fugitive and there is no escape except death or surrender themselves, so the battle is settled and the great victory by hand, and during the past 24 hours killed a large number of reasons and that our forces Fighting valiantly for the liberation of the civilians they are taking, calling up human shields in about 50 to 100 houses, noting that the besieged civilians are taking advantage of the opportunity to advance our troops to escape a bandit.
He praised the high spirit of our fighters and the cooperation of the sons of Mosul and celebrate victory and the return of normal life on both sides and the return of commercial activity and the opening of schools and hospitals, thanks to our forces and the civil effort and ministries.
He called on all employees to join their work, stressing that the processes of restoring stability in full swing in parallel with the liberation operations, and the next phase to enhance security and civil effort in light of the great cooperation of citizens with our security forces.

Prime Minister 's Media Office
9 July 2017

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ARTICLE 1-C (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abbadi held an extensive meeting with leaders and commanders on the side Right of connector

The Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abadi held an extensive meeting with the commanders and commanders at the headquarters of the Federal Police Forces on the right side of Mosul.
His Excellency issued several directives regarding the perpetuation of victories and the elimination of remnants calling for the abhorrence, the need to extend security and stability in the liberated city, to clear it of mines and explosives left behind by the enemy and to protect civilians and displaced persons.
The commanders and commanders in the fighting brigades presented to his sovereignty an explanation of their implementation of the duties assigned to them in accordance with the plan of liberation drawn.

Prime Minister 's Media Office
9 July 2017

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ARTICLE 1-D (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister Dr. Haider Al-Abbadi: The world did not imagine that we would eliminate such a rush

Prime Minister Dr. Haider al-Abadi said that the world did not imagine that the Iraqis would respond to such a call quickly.
This came during the arrival of sovereignty to the building of the province of Nineveh and meet with Governor Nofal Sultani.
"We attach great importance to the restoration of services and infrastructure, and we are happy to see the return of the normal life of the citizens, all of which is the result of the sacrifice of heroic fighters who dazzled the world with their courage."

Prime Minister 's Media Office
9 July 2017
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ARTICLE 1-E (from PM Abadi's website; posted only on Arabic side, not posted on English side; 4 pix)

Commander-in-Chief of the Armed Forces Dr. Haider Al-Abbadi arrives in the liberated city of Mosul and blesses the heroic fighters and the Iraqi people

Great victory

Prime Minister 's Media Office
9 July 2017

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ARTICLE 2

Security parliamentary: Abadi wait for the declaration of victory until the liberation of Tal Afar, Hawija and western Anbar

BAGHDAD, July 9 (KUNA) - The Security and Defense Committee said on Sunday that "some military leaders are rushing to announce the hour of liberation, which has a negative impact on the morale of the fighters." He called on the prime minister to " The rest of the areas still under the control of a preacher. "
"The military victory, despite its importance, needs to be fortified with security and intelligence to prevent the infiltration of criminal elements and launched retaliatory terrorist acts against the people and security forces in those areas or even the capital Baghdad. In al-Hawija, Tal Afar, western Anbar and some other areas, "pointing out that" raced the military leaders to declare the full victory on the Daash has had a very negative impact, especially with the continued fighting in the last strongholds of the organization in the old city of Mosul. "

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ARTICLE 3

Abadi in the streets of Mosul: victory is settled and remnants are besieged trapped in the last news

NINEWA, Iraq, July 10 (Xinhua) - Prime Minister Haider al-Abadi confirmed that the victory in Mosul is settled, noting that the remains of "Dahesh" are trapped in the latest news from Mosul, while calling on the employees of the province to join their work.
Abadi's office said in a statement that "the Prime Minister and Commander-in-Chief of the Armed Forces Haider Abadi meeting with the leaders of the ranks and formations at the headquarters of Nineveh operations inside the city of Mosul this evening."
"The victory is settled and the remnants are besieged in the last few months," Abbadi said. "It is a matter of time to declare our people a great victory."
Abadi praised the "role of our forces that continue the cleansing process," stressing the need to give these forces more support and determination to end a lie and a myth to call for ever and eliminate the last terrorist in the land of Mosul.
"We have come today to look at the field and honor the battle, which has only one pocket or two pockets left for fugitives," he said.
"In the past 24 hours, a large number of people have been killed. Our forces are fighting valiantly for the liberation of civilians, which is taking them up as human shields in about 50 to 100 houses," Abbadi said. "The trapped civilians take advantage of the opportunity of our forces to escape a gang. Calling. "
Abadi praised the "high spirit of our fighters and the cooperation of the sons of Mosul and celebrate victory and the return of normal life on both sides and the return of commercial activity and the opening of schools and hospitals," and expressed thanks to "our forces and the civil effort and the minister."
Abadi called on "all employees in Mosul to join their work," stressing that "the process of restoring stability is in full swing in parallel with the liberation operations, and the next stage to enhance security and civil effort in light of the great cooperation of citizens with our security forces."
It is noteworthy that Abadi arrived, on Sunday afternoon, to the city of Mosul, and blessed the Iraqi people and fighters to achieve "the great victory," and met immediately upon arrival with the security leaders in the city, and heard a briefing from the commander of operations, "coming to Nineveh" Allah. Finished

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ARTICLE 4

Rocket bombardment on positions of bulldozers and destruction of four wheels in Tel Safok

Ninewa - Iraq Press - July 9: The military information cell reported on Sunday that "the missile force of the 28th Brigade was bombed, the sites of the Daqsh organization near (Tel Safok)."
It added that "the missile force of the 28th Brigade, nicknamed the positions of Dahesh near (Tel Safok) and destroyed four wheels carrying a different weapon," pointing out that "the security forces liberated the last strongholds of a preacher in the old Mosul, on Saturday, On the ground" .

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ARTICLE 5

Lift hundreds of IEDs to secure the exit of families Ayman Mosul

NINEWA, Iraq, July 9 (UPI) - The Army Corps of Engineers reported on Sunday that "the engineering of the 16th Division of the Army has dealt with hundreds of IEDs to secure the exit of civilians from the last neighborhoods of the old city of Mosul."
"The engineering of the 16th division in the Iraqi army has raised hundreds of IEDs to secure the exit of civilians from the last neighborhoods of the old city," she said in a statement. "The security forces liberated the last strongholds of a preacher's organization in the old city of Mosul on Saturday, On the ground" . AH

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ARTICLE 6

Iraq ranks 6th in the Arab world and 59th in the world in military strength

Iraq ranked sixth in the Arab world and 59th in the list of world military power rankings for 2017, while Egypt ranked 10th in the world and the first in the Arab world.
The site pointed out that the final ranking of global firepower was based on more than 50 workers to determine the degree of so-called "Pore Index" for each country, saying that "the formula allows the smaller, if more technologically advanced, And the least developed .. Added (in the form of additions allowances and fines) of the rates to access the refinement of the list.
The site mentioned some items that had been taken into account in the final order:

- The ranking does not simply depend on the total number of weapons available to any country but instead focuses on the diversity of weapons within the totals of the numbers that provide a better balance (ie, having 100 minesweepers does not equal the strategic and tactical value of 10 aircraft carriers).

- Nuclear arsenals are not taken into consideration, but nuclear or nuclear-recognized forces receive additional "bonus" rewards

- Geographical factors, logistics flexibility, natural resources and local industry affect the final arrangement

- Manpower available to it is a major consideration (countries with large population density tend to rank higher

- Landlocked States are not "fined" for not possessing naval weapons

- NATO allies receive little "bonus" because of the theoretical sharing of resources

- The current political / military leadership is not taken into consideration

This is the order of the Arab countries globally that have entered the list:


1. Egypt (10 globally)
2. Saudi Arabia (22nd worldwide)
3. Algeria (23 globally)
4. Syria (44 worldwide)
5. Morocco (54 globally)
6. Iraq (59 globally)
7. UAE (60 globally)
8. Yemen (64 globally)
9. Sudan (71 globally)
10. Jordan (72 globally)
11. Libya (73 globally)
12. Tunisia (78 globally)
13. Sultanate of Oman (79 globally)
14. Kuwait (80 globally)
15. Qatar (91 globally)
16. Bahrain (94th globally)
17. Lebanon (98 globally)
18. Somalia (128 globally)
19. Mauritania (130 globally)

The ranking of the top 10 countries was as follows:

1. United States
2. Russia
3. China
4. India
5. France
6. Britain
7. Japan
8. Turkey
9. Germany
10. Egypt

 

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