Saturday TNT Update July 1, 2017
Various governments are stating that Iraq is liberated from ISIS in Mosul. (Hmmmmm, why is Abadi NOT stating that in his speeches....YET?)
A looped message of the CBI governor, Alak, claiming to "delete the 3 zeros in July of 2017" is being played on Iraqi TV. (Well, it is now July!)
Contrary to 1.20, sources say the in-country rate is .94 still. (Time Will Tell All - True or False)
#wearethepeople
Word on the Street Saturday7/1/17:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | |
|
1,180.0000 | 1,138.4000 | 1,138.4000 | |
17:36 |
| USD/VND | |
|
22,730.0000 | 22,322.0000 | 22,322.0000 | |
17:36 |
| USD/CNY | |
|
6.7904 | 6.7610 | 6.7866 | |
17:00 |
| USD/KWD | |
|
0.3030 | 0.3019 | 0.3028 | |
15:30 |
| GBP/USD | |
|
1.3029 | 1.2956 | 1.3006 | |
17:00 |
| USD/IRR | |
|
12,048.0000 | 12,048.0000 | 12,048.0000 | |
17:51 |
| USD/IDR | |
|
13,357.0000 | 13,275.0000 | 13,314.0000 | |
16:58 |
CNBC Link:
CNBC Morning Squawk Link:
No link on Saturday
DC NY Iraq Articles:
US Congress threatens Kurds to cut funding for Peshmerga in case of separation
Political
Since 2017-06-30 at 11:21 (Baghdad time) Baghdad Mawazine
News
US Congressional sources said
Congress had threatened to cut funding to the Peshmerga forces if the Kurdistan
Regional Government (KRG) continues its separatist approach to Baghdad through a
referendum scheduled for September.
"The Armed Services Committee of
the US House of Representatives issued this week the draft defense law, which
states that the continuation of financial support to the Kurdistan Regional
Government conditional on the survival of the territory within a unified
Iraq."
The newspaper said the new
Congressional decision was "a sign that the administration of Donald Trump is
moving towards boosting cooperation between the governments of Baghdad and Erbil
in efforts to fight a terrorist organization in Iraq."
"The implementation of the
Congressional decision may cost the KRG, which is economically inefficient,
hundreds of millions of dollars provided as annual US support to the Peshmerga
forces, most notably last year's Congress allocating $ 480 million in salaries
and expenses to the Peshmerga forces that will end by the end of this fiscal
year On 30 September next. "
The newspaper "Munter" that what
it described as "the language of the new Congress" comes under the preparations
for Erbil to hold the referendum on independence in September this year.
It is worth mentioning that the
Kurdistan Regional Government announced the date of the referendum for the
independence of the province during a meeting held on June 7, 2017 under the
chairmanship of President of Kurdistan Region Massoud Barzani in the center of
the Change Movement and the Islamic Group. The participants decided to hold the
referendum on September 25, To hold parliamentary elections and presidential
elections on November 6
Baghdad governor meets Moqtada al-Sadr's representative and discuss the phenomenon of abuses on state land
https://translate.
Baghdad Governor Atwan al-Atwani announced on Friday that he was attending an emergency meeting at the invitation of the Sadrist political movement, in the presence of a representative of al-Sadr, to discuss the growing phenomenon of abuses on the state's land and power lines feeding water stations and drinking water pipelines.
Baghdad Governor Atwan al-Atwani announced on Friday that he was attending an emergency meeting at the invitation of the Sadrist political movement, in the presence of a representative of al-Sadr, to discuss the growing phenomenon of abuses on the state's land and power lines feeding water stations and drinking water pipelines.
"Al-Atwani discussed with the political body of the Sadrist movement the phenomenon of abuse of state property in the presence of the representative of Moqtada al-Sadr, the director of his office, Mahmoud al-Jiyashi, the chairman of the security and defense committee,
He added that "the governor of Baghdad attended an emergency meeting at the invitation of the political body of the Sadrist movement to discuss the growing phenomenon of abuses on the territory of the state and lines of energy feeder for water plants and pipelines for the transfer of drinking water," and that "the representative of the Sadr conveyed the message of Mr. Sadr, Of all the excesses who claim to belong to the current and are conducting acquisitions of state property, he stressed that "the representative of Sadr called on the governor of Baghdad and the security services to hit with an iron hand on anyone who violates the law."
He added that "the two parties agreed to reject this phenomenon and support the security services in the accountability of those involved in such acts."
He added, "In a related context, the governor held the end of his meeting with the political body of the Sadrist movement, a meeting with directors of the electricity services, directed to lift all excesses on the transmission lines of electricity.
He added that he will "hold further meetings with the competent departments to take the necessary measures to stop the phenomenon of abuses on the territory of the state and other public property."
The leader of the Sadrist movement, Moqtada al-Sadr, had announced earlier on Friday, the formation of a special committee in coordination with the Secretariat of the capital and the province of Baghdad and the Ministry of Interior and Endowments legitimacy to impose control over the land and return them to owners or handed over to the hands of Amina in the Iraqi government.Baghdad Mawazine News
US Congress threatens Kurds to cut funding for Peshmerga in case of separation
Political
Since 2017-06-30 at
11:21 (Baghdad time)
Baghdad Mawazine News
US Congressional sources said
Congress had threatened to cut funding to the Peshmerga forces if the Kurdistan
Regional Government (KRG) continues its separatist approach to Baghdad through a
referendum scheduled for September.
"The Armed Services Committee of
the US House of Representatives issued this week the draft defense law, which
states that the continuation of financial support to the Kurdistan Regional
Government conditional on the survival of the territory within a unified
Iraq."
The newspaper said the new
Congressional decision was "a sign that the administration of Donald Trump is
moving towards boosting cooperation between the governments of Baghdad and Erbil
in efforts to fight a terrorist organization in Iraq."
"The implementation of the
Congressional decision may cost the KRG, which is economically inefficient,
hundreds of millions of dollars provided as annual US support to the Peshmerga
forces, most notably last year's Congress allocating $ 480 million in salaries
and expenses to the Peshmerga forces that will end by the end of this fiscal
year On 30 September next. "
The newspaper "Munter" that what
it described as "the language of the new Congress" comes under the preparations
for Erbil to hold the referendum on independence in September this year.
It is worth mentioning that the
Kurdistan Regional Government announced the date of the referendum for the
independence of the province during a meeting held on June 7, 2017 under the
chairmanship of President of Kurdistan Region Massoud Barzani in the center of
the Change Movement and the Islamic Group. The participants decided to hold the
referendum on September 25, To hold parliamentary elections and presidential
elections on November 6
Shiite reference calls for the removal of Iraq from international conflicts
Shafaq News / Iraqi Shiite cleric
Mohammed Taqi called for the removal of Iraq from the cycle of international
conflicts, calling for "dialogue and cooperation" to resolve crises in the
region.
We call on the oil countries to
root out terrorism, the most prominent of which is poverty, which was almost
infidel," the school said in its weekly statement to The Twilight News.
Direct support to the
economy of low-income families through interest-free loans aimed at investing in
agriculture and small industries is one of the most important ways to create
jobs, contribute to the fight against poverty and positively affect national
economic development."
He also warned the school's
reference, according to the statement, "some countries from the invention of
justification for military intervention in Syria, which may provide a new cover
for terrorism and enter the region in a dark tunnel."
He said that "the crises of our
region can only be solved by dialogue and then cooperation on the basis of
common interests and without interference of the external agenda."
We have to move our country away from the
cycle of international conflicts, otherwise it has always become an arena for
which we have paid a high price to no avail, and God is the beneficiary," he
said.
Sadr: the formation of committees to follow the files of theft of land in Baghdad and the corruption of ports in Basra
Since 2017-06-30 at 11:29 (Baghdad time)
Baghdad Mawazine News
The leader of the Sadrist movement
Moqtada al-Sadr, on Friday, the formation of special committees in coordination
with the government to investigate the theft of land in Baghdad and selling them
illegally, in addition to corruption in the ports of Basra.
A statement issued by Al-Sadr
received a copy of it, "It confirmed the accountability and non-exclusion of
those who claim to belong to the current, and called on citizens to cooperate
and not fear of corrupt."
"There are those who claim to
contact us for business deals in the government joints," he said
Kauaihn Iraq Articles:
http://translate.
TEHRAN, June 30
(Itar-Tass)
Oil is heading for its biggest weekly gain since May
Crude oil futures are heading for
their biggest weekly gain since mid-May to end a five-week losing streak as
prices found support in a fall in US production.
US crude futures have gained
5.1 percent since the start of the week, while global benchmark crude futures
rose Brent 4.8 percent, the biggest weekly gain since the week ending May
19.
US crude rose 0.6 percent,
or 27 cents, to $ 45.20 a barrel by 0646 GMT.
وBrent crude rose 0.6 percent,
or 30 cents, to $ 47.72 a barrel.
Markets found support this
week in data suggesting US output fell after crude prices hit a 10-month low
last week as supply overshooted.
US production fell 100,000
barrels per day to 9.3 million bpd last week, its biggest weekly drop since July
2016.
World oil supplies are still plentiful despite
production cuts by the Organization of Petroleum Exporting Countries (OPEC) and
some independent producers by 1.8 million bpd since January.
Australia sets up an electronic army to confront the urge
Editorial date: • 2017/6/30
12:00 • 24 times scheduled
(Reuters) - An
Australian official said on Friday that his country had formed the first
military unit on the Internet, with the aim of broadening the scope of cyber
attacks on foreign enemies, including a preacher.
"This is a result of the changing
nature of the conflict in this age," said Dan Tihan, assistant prime minister
for Internet security, to reporters in Melbourne.
The new unit, called the Information Warfare, will allow increased cyber attacks on Dahesh.
The Australian Defense Force said the cyber attacks support air strikes and other military activities, which are part of Australia's role in the US-led coalition and are fighting a duel.
The new unit will also be responsible for defending the Australian armed forces against cyber attacks, Tyhan said.
Australian Prime Minister Malcolm Turnbull said last year that it was contributing significantly to weakening Sadr's grip in Iraq and Syria.
The move comes amidst a wave of cyber attacks worldwide, including an attack launched this week from Ukraine, as well as the Wana Krai virus attacks in May that affected computers in nearly 100 countries.
The new unit, called the Information Warfare, will allow increased cyber attacks on Dahesh.
The Australian Defense Force said the cyber attacks support air strikes and other military activities, which are part of Australia's role in the US-led coalition and are fighting a duel.
The new unit will also be responsible for defending the Australian armed forces against cyber attacks, Tyhan said.
Australian Prime Minister Malcolm Turnbull said last year that it was contributing significantly to weakening Sadr's grip in Iraq and Syria.
The move comes amidst a wave of cyber attacks worldwide, including an attack launched this week from Ukraine, as well as the Wana Krai virus attacks in May that affected computers in nearly 100 countries.
US official warns airlines not to abide by new security rules
Khandan -
Airlines that will not comply with
a new US decision to beef up security on international flights to the United
States may become vulnerable to revoking airline licenses, a senior US
Department of Homeland Security official said.
The official said, according to the agency, "Reuters", that the US government will not finance the new security measures announced last Wednesday by Homeland Security Secretary John Kelly, which means that the costs will fall on the airlines, airports and countries where they are.
He added that airlines that do not comply with the rules of the new Department of Homeland Security may become subject to a fine or limit access to the airspace of the United States and may even withdraw US authorities permission to conduct flights to the country fully.
The new security measures are aimed at preventing the expansion of the ban on carrying laptops and other large electronic devices in aircraft cabins.
US and European airlines fear the expansion of the embargo could cause major logistical problems and restrict travel.
In March, the United States announced a ban on carrying laptops inside the cabin on planes coming from 10 airports in eight countries including Egypt, Saudi Arabia, Kuwait, Qatar and Turkey.
The ban came amid fears that a bomb could be placed in electronic devices on board aircraft.
The official said the new security resolution was not a response to a specific threat, but was based on the same intelligence that prompted the authorities to ban the electronic devices.
The new procedures provide an opportunity for airlines to exit the list if they meet new security requirements.
The official said, according to the agency, "Reuters", that the US government will not finance the new security measures announced last Wednesday by Homeland Security Secretary John Kelly, which means that the costs will fall on the airlines, airports and countries where they are.
He added that airlines that do not comply with the rules of the new Department of Homeland Security may become subject to a fine or limit access to the airspace of the United States and may even withdraw US authorities permission to conduct flights to the country fully.
The new security measures are aimed at preventing the expansion of the ban on carrying laptops and other large electronic devices in aircraft cabins.
US and European airlines fear the expansion of the embargo could cause major logistical problems and restrict travel.
In March, the United States announced a ban on carrying laptops inside the cabin on planes coming from 10 airports in eight countries including Egypt, Saudi Arabia, Kuwait, Qatar and Turkey.
The ban came amid fears that a bomb could be placed in electronic devices on board aircraft.
The official said the new security resolution was not a response to a specific threat, but was based on the same intelligence that prompted the authorities to ban the electronic devices.
The new procedures provide an opportunity for airlines to exit the list if they meet new security requirements.
President of the Kuwaiti National Assembly congratulates Jubouri on the restoration of Mosul and confirms support for Iraq
2017/6/30 13:47 • 16 times
read
Kuwait's
parliament speaker Marzouq Ali al-Ghanem on Friday sent a cable of
congratulations to parliament speaker Salim al-Jubouri on the success of the
armed and security forces in restoring the city of Mosul from calling the
terrorist.
"We congratulate the Iraqi people
on this victory in the face of terrorism," Al-Ghanim said in his telegram to
al-Jabouri. "We are confident that Iraqis can continue to achieve these
successes in front of all organizations that seek to destabilize their country
in order to reach stability in Iraq and achieve the aspirations and aspirations
of its people."
He stressed Kuwait's rejection of terrorism in all its forms, stressing solidarity with brotherly Iraq in the face of all terrorist acts that threaten its security and stability
He stressed Kuwait's rejection of terrorism in all its forms, stressing solidarity with brotherly Iraq in the face of all terrorist acts that threaten its security and stability
Khatib Friday in Tehran congratulates the victory of the Iraqi people Ali Daash
http://translate.
TEHRAN, June 30
(Itar-Tass)
He congratulated the imam of Tehran, Ayatollah Mohamed
Amami Kashani, with the victories and successes of the great Iraqi people and
the great Ali al-Harbi.
"I congratulate
the Islamic nation and all those who support justice around the world and fight
injustice, on the occasion of the liberation of Mosul, Iraq and parts of Syria
and victory over terrorists who committed the worst criminal acts in the name of
religion," he said.
The preacher of the Friday prayer in Tehran from Al-Bari hoped to uproot the roots and humiliate the terrorist groups and their protectors, the global arrogance, America and the Zionist entity, supported by the money of the Al-Saud.
Followed by ** 2
The preacher of the Friday prayer in Tehran from Al-Bari hoped to uproot the roots and humiliate the terrorist groups and their protectors, the global arrogance, America and the Zionist entity, supported by the money of the Al-Saud.
Followed by ** 2
Kauaihn Economic Times:
India develops its own Silk
Road
port.today
The Container Supply Chain Conference within TOC Europe 2017 held in Amsterdam this week has brought up the question of the impact of China’s concept of One Belt One Road on future container trade and infrastructure projects in Eurasia. Hercules Haralambides, professor of Maritime Economics and Logistics at Erasmus University Rotterdam, presented a holistic overview... Read the full story
ECONOMIC TIMES /
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to get to our twitter feedg
GLOBAL/NEWS/INFO
Warren Buffett is now the largest owner of 2 of the
world's biggest banks
Business Insider
Warren Buffett's Berkshire Hathaway is now the biggest owner
of two of the world's largest banks: Bank of America and Wells Fargo. On
Wednesday, the Federal Reserve cleared the way for Buffett to become Bank of
America's largest shareholder. It passed all the big banks on their so-called
stress tests, giving them permission to use their capital for things beyond
buffering against disaster, including share buybacks and dividend payments. Bank
of America raised its dividend to 12 cents per common Read the full story
Warren Buffett is now the largest owner of 2 of the
world's biggest banks
Business Insider
Business Insider
Warren Buffett's Berkshire Hathaway is now the biggest owner
of two of the world's largest banks: Bank of America and Wells Fargo. On
Wednesday, the Federal Reserve cleared the way for Buffett to become Bank of
America's largest shareholder. It passed all the big banks on their so-called
stress tests, giving them permission to use their capital for things beyond
buffering against disaster, including share buybacks and dividend payments. Bank
of America raised its dividend to 12 cents per common Read the full story
OIL
/ COMMODITIES / ENERGY
Gold prices edge lower but downside seen
limitedInvesting.com
Gold slips lower but losses capped Read the full story
Global gold prices steady as dollar falls, but hawkish
central banks weigh
Livemint
Bengaluru: Gold prices held steady on Friday, supported by a
plunging dollar and declining stocks but hawkish comments from major central
banks suggesting a shift toward tighter monetary policies kept the bullion shy
of major gains. Read the full story
Oil prices extend longest winning streak in two
months
MarketWatch
Oil prices are higher for a seventh straight session Friday as
investors respond to last week’s drop in U.S. production. Read the full story
OIL
/ COMMODITIES / ENERGY
Gold prices edge lower but downside seen
limitedInvesting.com
Gold slips lower but losses capped Read the full story
Gold slips lower but losses capped Read the full story
Global gold prices steady as dollar falls, but hawkish
central banks weigh
Livemint
Bengaluru: Gold prices held steady on Friday, supported by a plunging dollar and declining stocks but hawkish comments from major central banks suggesting a shift toward tighter monetary policies kept the bullion shy of major gains. Read the full story
Livemint
Bengaluru: Gold prices held steady on Friday, supported by a plunging dollar and declining stocks but hawkish comments from major central banks suggesting a shift toward tighter monetary policies kept the bullion shy of major gains. Read the full story
Oil prices extend longest winning streak in two
months
MarketWatch
Oil prices are higher for a seventh straight session Friday as investors respond to last week’s drop in U.S. production. Read the full story
MarketWatch
Oil prices are higher for a seventh straight session Friday as investors respond to last week’s drop in U.S. production. Read the full story
BANKS / BANKING
All-Clear for Big Banks Raises Fears of a Return to
Risk
The New York Times
The Federal Reserve’s passing grade for all 34 institutions, the
first all-clear since tests began, will have major consequences. The first:
Surging bank stocks. Read the full story
Shares of big U.S. banks jump on hefty payout
plans
Reuters
Shares in the biggest U.S. banks rose on Thursday after they
revealed buyback and dividend plans that topped analyst expectations after the
Federal Reserve approved capital proposals in its annual stress test program.
Read the full story
Big Bank Payday
Daily Reckoning
This post Big Bank Payday appeared
first on Daily Reckoning. For years, the Federal Reserve has been the bitter
enemy of U.S. savers. After all, the Fed’s zero interest rate policy (and
minuscule recent rate increases) have led to paltry returns on savings accounts,
withering pension plan balances, and hardship for retirees. But this week, the
Fed made a completely unexpected decision… One that was largely overlooked by
the media… And this decision gives savers like you and me a chance to boost
Read the full story
PCT’s digital.VISION to support Unisys’ digital banking
platform
FX-MM
Elevate, a digital banking platform, enables startups and
established financial institutions to deliver secure banking services anytime
across numerous devices... Read the full story
Central banks have set investors up for a long, hard
road back to ‘normal’
MarketWatch
Investors and policy makers are getting a reminder that the path
to monetary policy normalization is long. Read the full story
HSBC ends 20-month wait for China securities JV
approval
Reuters
HSBC has won Chinese approval for its investment banking joint
venture with a local state-backed fund, ending a twenty-month wait for a
decision that will allow it to begin expanding its business in the world's
second largest economy. Read the full story
City watchdog warns banks against closing current
accounts
International Business Times, UK Edition
Speech by FCA head comes after Norwich & Peterborough
Building Society said it will close current accounts. Read the full story
TREASURIES/ BONDS/
STOCKS
BANKS / BANKING
All-Clear for Big Banks Raises Fears of a Return to
Risk
The New York Times
The Federal Reserve’s passing grade for all 34 institutions, the first all-clear since tests began, will have major consequences. The first: Surging bank stocks. Read the full story
The New York Times
The Federal Reserve’s passing grade for all 34 institutions, the first all-clear since tests began, will have major consequences. The first: Surging bank stocks. Read the full story
Shares of big U.S. banks jump on hefty payout
plans
Reuters
Reuters
Shares in the biggest U.S. banks rose on Thursday after they
revealed buyback and dividend plans that topped analyst expectations after the
Federal Reserve approved capital proposals in its annual stress test program.
Read the full story
Big Bank Payday
Daily Reckoning
This post Big Bank Payday appeared
first on Daily Reckoning. For years, the Federal Reserve has been the bitter
enemy of U.S. savers. After all, the Fed’s zero interest rate policy (and
minuscule recent rate increases) have led to paltry returns on savings accounts,
withering pension plan balances, and hardship for retirees. But this week, the
Fed made a completely unexpected decision… One that was largely overlooked by
the media… And this decision gives savers like you and me a chance to boost
Read the full story
PCT’s digital.VISION to support Unisys’ digital banking
platform
FX-MM
Elevate, a digital banking platform, enables startups and established financial institutions to deliver secure banking services anytime across numerous devices... Read the full story
FX-MM
Elevate, a digital banking platform, enables startups and established financial institutions to deliver secure banking services anytime across numerous devices... Read the full story
Central banks have set investors up for a long, hard
road back to ‘normal’
MarketWatch
Investors and policy makers are getting a reminder that the path to monetary policy normalization is long. Read the full story
MarketWatch
Investors and policy makers are getting a reminder that the path to monetary policy normalization is long. Read the full story
HSBC ends 20-month wait for China securities JV
approval
Reuters
City watchdog warns banks against closing current
accounts
International Business Times, UK Edition
Speech by FCA head comes after Norwich & Peterborough Building Society said it will close current accounts. Read the full story
Reuters
HSBC has won Chinese approval for its investment banking joint
venture with a local state-backed fund, ending a twenty-month wait for a
decision that will allow it to begin expanding its business in the world's
second largest economy. Read the full story
International Business Times, UK Edition
Speech by FCA head comes after Norwich & Peterborough Building Society said it will close current accounts. Read the full story
TREASURIES/ BONDS/
STOCKS
Global stock markets still on a roll, led by Europe,
Asia
The Globe and Mail
All but one of the 21 indexes polled on from Toronto to Tokyo
are expected to climb Read the full story
Financial advice is like whiskey: The most expensive
isn’t always the best
MarketWatch
There’s no correlation between a financial adviser’s fee level —
and performance. Read the full story
Here’s a case for bailing on stocks as warning signs
stack up
MarketWatch
Stocks look set to close out this year’s first half in a
not-so-celebratory fashion, and that’s sparked plenty of hand-wringing. The
S&P 500 is topping out, says today’s call, based on “trader instinct” and
fears about fundamentals. Read the full story
European stocks inch higher after sharpest selloff in 9
months
MarketWatch
European stocks edged higher Friday, with tech and
consumer-related on the mend after the market suffered its worst selloff in nine
months, but the region’s benchmark was still on track to finish June in the red.
Read the full story
Bond selloff spreads to Asia, with Japanese yields at
multimonth high
MarketWatch
The global bond selloff spread to Asia on Friday, pushing the
yield on Japan’s benchmark 10-year government bond to the highest level in more
than three months. Read the full story
CURRENCIES
Dollar snaps slide but holds near weakest value in a
year against euro
MarketWatch
The ICE Dollar Index, a measure of the currency against a basket
of six major rivals, was up less than 0.2% to 95.72, snapping what had been
three-straight down days that landed the index at a nine-month low. The index is
down 6.5% year to date. Read the full story
Pound to euro exchange rate: Sterling
continues to SOAR after BoE rate hike
speculation
Express
POUND to euro exchange rate is still on the rise following Bank
of England Governor Mark Carney’s suggested interest rate rise on Wednesday. The
pound to euro conversion rate is currently at €1.138 following a tumultuous week
which saw highs of €1.140 and lows of €1.126. Yesterday, the pound demonstrated
signs of recovery standing at €1.136. Read the full story
Commodity Currencies Rise On Strong China PMI
Data
RTTNews
Commodity currencies such as the Australian, the New Zealand and
the Canadian dollars strengthened against their major counterparts in the Asian
session on Friday, after the manufacturing sector in China continued to expand
in June, and at a faster pace. Read the full story
NZ dollar rises vs greenback; further gains may be
curtailed
Scoop
June 30 (BusinessDesk) - The New Zealand dollar rose against a
broadly weaker US dollar but may struggle to make further gains in the face of
central bankers who are sounding more hawkish than the Reserve Bank. Read the full story
Rupee hits 5-week low against US
dollar
Livemint
Mumbai: The Indian rupee on Friday weakened for the fourth
consecutive session to hit a five-week low against the US dollar, tracking
volatile local equity markets ahead of the rollout of goods and services tax
(GST) from 1 July. Read the full story
Dollar weaker around ¥112 in Tokyo
The Japan
Times
The dollar was weaker around ¥112 in Tokyo trading Friday,
reflecting sluggish stock prices. At 5 p.m., the dollar stood at ¥112.06-07, down from ¥112.50-50 ... Read the full story
Global stock markets still on a roll, led by Europe,
Asia
The Globe and Mail
All but one of the 21 indexes polled on from Toronto to Tokyo are expected to climb Read the full story
The Globe and Mail
All but one of the 21 indexes polled on from Toronto to Tokyo are expected to climb Read the full story
Financial advice is like whiskey: The most expensive
isn’t always the best
MarketWatch
There’s no correlation between a financial adviser’s fee level — and performance. Read the full story
MarketWatch
There’s no correlation between a financial adviser’s fee level — and performance. Read the full story
Here’s a case for bailing on stocks as warning signs
stack up
MarketWatch
MarketWatch
Stocks look set to close out this year’s first half in a
not-so-celebratory fashion, and that’s sparked plenty of hand-wringing. The
S&P 500 is topping out, says today’s call, based on “trader instinct” and
fears about fundamentals. Read the full story
European stocks inch higher after sharpest selloff in 9
months
MarketWatch
Bond selloff spreads to Asia, with Japanese yields at
multimonth high
MarketWatch
The global bond selloff spread to Asia on Friday, pushing the yield on Japan’s benchmark 10-year government bond to the highest level in more than three months. Read the full story
MarketWatch
European stocks edged higher Friday, with tech and
consumer-related on the mend after the market suffered its worst selloff in nine
months, but the region’s benchmark was still on track to finish June in the red.
Read the full story
MarketWatch
The global bond selloff spread to Asia on Friday, pushing the yield on Japan’s benchmark 10-year government bond to the highest level in more than three months. Read the full story
CURRENCIES
Dollar snaps slide but holds near weakest value in a
year against euro
MarketWatch
The ICE Dollar Index, a measure of the currency against a basket of six major rivals, was up less than 0.2% to 95.72, snapping what had been three-straight down days that landed the index at a nine-month low. The index is down 6.5% year to date. Read the full story
MarketWatch
The ICE Dollar Index, a measure of the currency against a basket of six major rivals, was up less than 0.2% to 95.72, snapping what had been three-straight down days that landed the index at a nine-month low. The index is down 6.5% year to date. Read the full story
Pound to euro exchange rate: Sterling
continues to SOAR after BoE rate hike
speculation
Express
POUND to euro exchange rate is still on the rise following Bank of England Governor Mark Carney’s suggested interest rate rise on Wednesday. The pound to euro conversion rate is currently at €1.138 following a tumultuous week which saw highs of €1.140 and lows of €1.126. Yesterday, the pound demonstrated signs of recovery standing at €1.136. Read the full story
POUND to euro exchange rate is still on the rise following Bank of England Governor Mark Carney’s suggested interest rate rise on Wednesday. The pound to euro conversion rate is currently at €1.138 following a tumultuous week which saw highs of €1.140 and lows of €1.126. Yesterday, the pound demonstrated signs of recovery standing at €1.136. Read the full story
Commodity Currencies Rise On Strong China PMI
Data
RTTNews
Commodity currencies such as the Australian, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Friday, after the manufacturing sector in China continued to expand in June, and at a faster pace. Read the full story
Commodity currencies such as the Australian, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Friday, after the manufacturing sector in China continued to expand in June, and at a faster pace. Read the full story
NZ dollar rises vs greenback; further gains may be
curtailed
Scoop
Scoop
June 30 (BusinessDesk) - The New Zealand dollar rose against a
broadly weaker US dollar but may struggle to make further gains in the face of
central bankers who are sounding more hawkish than the Reserve Bank. Read the full story
Rupee hits 5-week low against US
dollar
Livemint
Mumbai: The Indian rupee on Friday weakened for the fourth consecutive session to hit a five-week low against the US dollar, tracking volatile local equity markets ahead of the rollout of goods and services tax (GST) from 1 July. Read the full story
Livemint
Mumbai: The Indian rupee on Friday weakened for the fourth consecutive session to hit a five-week low against the US dollar, tracking volatile local equity markets ahead of the rollout of goods and services tax (GST) from 1 July. Read the full story
Dollar weaker around ¥112 in Tokyo
The Japan Times
The dollar was weaker around ¥112 in Tokyo trading Friday, reflecting sluggish stock prices. At 5 p.m., the dollar stood at ¥112.06-07, down from ¥112.50-50 ... Read the full story
The Japan Times
The dollar was weaker around ¥112 in Tokyo trading Friday, reflecting sluggish stock prices. At 5 p.m., the dollar stood at ¥112.06-07, down from ¥112.50-50 ... Read the full story
USA
Economic growth in US unlikely to recover
soon
Livemint
In
his joint statement with Prime Minister Narendra Modi, US President Donald Trump
said he was working on taking US growth rate closer to India. A new research
paper suggests this is unlikely to happen soon. The US economy is unlikely to
witness high growth rates again in the coming years, warn John G. Fernald,
economist with the Federal Reserve Bank of San Francisco, and others in a recent
research paper. They argue that the slow pace of economic recovery post the 2009
crisis is mainly Read the full
story
Hawaii Files Federal Court Challenge to Trump’s Latest Travel
Ban
Slate
As
the newest, scaled-back version of the Trump administration’s Muslim ban went
into effect Thursday evening, the state of Hawaii filed an emergency m ... Read the full story
Trump and Putin have a high-stakes meeting planned for Germany
next week
Business Insider
Donald
Trump and Russian President Vladimir Putin. WASHINGTON (AP) - The White House
says President Donald Trump will meet with Russian President Vladimir Putin at
the G-20 summit next week in Germany. National security adviser H.R. McMaster
says the high-stakes meeting with Putin will be one of several scheduled for
when Trump travels to Hamburg, Germany. McMaster and White House economic
adviser Gary Cohn aren't saying whether the president plans to address
accusations that Russia interfered Read the full story
USA
Economic growth in US unlikely to recover
soon
Livemint
Livemint
In
his joint statement with Prime Minister Narendra Modi, US President Donald Trump
said he was working on taking US growth rate closer to India. A new research
paper suggests this is unlikely to happen soon. The US economy is unlikely to
witness high growth rates again in the coming years, warn John G. Fernald,
economist with the Federal Reserve Bank of San Francisco, and others in a recent
research paper. They argue that the slow pace of economic recovery post the 2009
crisis is mainly Read the full
story
Hawaii Files Federal Court Challenge to Trump’s Latest Travel
Ban
Slate
Slate
As
the newest, scaled-back version of the Trump administration’s Muslim ban went
into effect Thursday evening, the state of Hawaii filed an emergency m ... Read the full story
Trump and Putin have a high-stakes meeting planned for Germany
next week
Business Insider
Business Insider
Donald
Trump and Russian President Vladimir Putin. WASHINGTON (AP) - The White House
says President Donald Trump will meet with Russian President Vladimir Putin at
the G-20 summit next week in Germany. National security adviser H.R. McMaster
says the high-stakes meeting with Putin will be one of several scheduled for
when Trump travels to Hamburg, Germany. McMaster and White House economic
adviser Gary Cohn aren't saying whether the president plans to address
accusations that Russia interfered Read the full story
EMERGING MARKETS
APQ Global sees Trump effect
throwing up lots of opportunities in emerging markets
Proactive
Investors
Emerging markets fund manger APQ
Global (LON:APQ) expects lots of opportunities this year in the wake of the
election Donald Trump as US President and a more hawkish US Federal Reserve.
“Trump’s expansive tax policy and ambitious infrastructure plans will almost
certainly increase the United States’ fiscal deficit and public debt, the
effects of which will be felt globally, said Wayne Bulpitt, APQ’s chairman. “His
proposed fiscal expansion is happening at a time of full employment, which
should Read the full story
Op-Ed. Not just a bounce: The cyclical case for emerging markets
equities
CNBC
Twenty years ago, the sovereignty of Hong Kong was reversed to
China. Two days later, the devaluation of the Thai baht marked the start of the
Asian crisis. Read the full
story
EMERGING MARKETS
APQ Global sees Trump effect
throwing up lots of opportunities in emerging markets
Proactive Investors
Proactive Investors
Emerging markets fund manger APQ
Global (LON:APQ) expects lots of opportunities this year in the wake of the
election Donald Trump as US President and a more hawkish US Federal Reserve.
“Trump’s expansive tax policy and ambitious infrastructure plans will almost
certainly increase the United States’ fiscal deficit and public debt, the
effects of which will be felt globally, said Wayne Bulpitt, APQ’s chairman. “His
proposed fiscal expansion is happening at a time of full employment, which
should Read the full story
Op-Ed. Not just a bounce: The cyclical case for emerging markets
equities
CNBC Twenty years ago, the sovereignty of Hong Kong was reversed to China. Two days later, the devaluation of the Thai baht marked the start of the Asian crisis. Read the full story
CNBC Twenty years ago, the sovereignty of Hong Kong was reversed to China. Two days later, the devaluation of the Thai baht marked the start of the Asian crisis. Read the full story
MIDDLE
EAST
International businesses caught in Qatar
crossfire
Dawn
DUBAI: International businesses are being caught in the
crossfire of Qatar’s dispute with its Arab neighbours as it delays shipments,
lengthens travel times and prompts contingency plans in case the crisis deepens.
The feud between Arab powers threatens to undermine the region’s progress in
positioning itself as business friendly and raises concerns that some firms may
be forced to pick sides. Saudi Arabia, the United Arab Emirates (UAE), Bahrain
and Egypt cut diplomatic ties with Qatar on June Read the full story
The world's biggest IPO needs $60 oil prices - or it may
fail to go ahead
City A.M.
The Opec deal is in crisis. All oil price gains derived from the
1.2 million-barrel cut’s initial announcement and implementation have been wiped
out, and No. 1 Opec producer Saudi Arabia’s attempt to draw down American
inventories has fallen flat, due in part to insubordination from the No. 2
producer, Iraq, along with upturns in production from Nigeria, Libya, and U.S.
shale. The KSA had a clear opportunity to drastically change the direction of
oil prices last month, when the Organisation of Read the full story
Temperature in Iran hits 129F (53.7C) - one of the
hottest days ever
Daily Mail
The scorching conditions were recorded in the city of Ahvaz in
Iran's south west on Thursday, according to a French meteorologist. Read the full story
AFRICA
Here is what you didn't know about Sudan, one of
Africa's biggest economies
Dawn
Independence and turmoil Enter Nimeiry: The socialist Nimeiry:
The liberal Nimeiry: The ‘Islamist’ End result The US Supreme Court recently
reinstated parts of President Donald Trump’s travel ban on seven Muslim-majority
countries. These include Somalia, Iraq, Libya, Iran, Syria, Yemen, and Sudan.
Whereas the situation in countries such as Somalia and Libya has become almost
entirely anarchic; Syria, Iraq, and Yemen are in grip of complex wars and
insurgencies. Iran has been severely Read the full story
In South Africa, Cash Is Consumers’ Hands-Down
ChoicePYMNTS.com
For South African eTailers, accepting cash is not an ‘if,’ but
a ‘must.’ According to the latest PYMNTS Global Cash Index™ South Africa
Analysis, cash powers over 50 percent of consumer transactions and accounts for
58 percent of GDP. And while the technological infrastructure catches on,
eTailers must accept cash to stay competitive, says Vusi Ndwandwe, head of
retail and business banking at Absa Bank. Plus, over 200 data points that track
South Africa’s state of cash, in the report. Read the full story
Why African students are ditching the US for
China
CNN
In less than 15 years the African student body in China has
grown 26-fold, making it the second most popular destination for African
students studying abroad. Read the full story
Zimbabwe: Chinese Mining Firm
Builds U.S.$7 Million Grace Mugabe School
AllAfrica
(Photo: allafrica.com) Even though
President Robert Mugabe accuses the Chinese of looting US$15 billion in diamond
proceeds, we can exclusively reveal that his wife received US$7 million from one
of the Chinese mining companies to finance the construction of the Grace Mugabe
Junior School. Anjin Investments, a joint venture between China's Anhui Foreign
Economic Construction (Group) Co Ltd (Afec), and Matt Bronze Enterprises -- a
front for the Defence ministry and the Zimbabwe Defence Forces Read the full story
Africa: Combating Poverty - an Overview of the Africa-China Think-Tank
Forum in Addis Ababa
AllAfrica
There was a very interesting and thought provoking meeting of
intellectuals joined by media men and women from thirty countries in Africa held
in the Ethiopian capital, Addis Ababa last week. Organised by the African Union
(AU) Leadership Academy and the Chinese Zhejiang Normal University, a select
group of intellectuals and media people from African countries had convened as
an AfricanChinese Think-Tank Forum to deliberate poverty alleviation in Africa.
I was invited to this forum at the Read the full
story
MIDDLE
EAST
International businesses caught in Qatar
crossfire
Dawn
DUBAI: International businesses are being caught in the crossfire of Qatar’s dispute with its Arab neighbours as it delays shipments, lengthens travel times and prompts contingency plans in case the crisis deepens. The feud between Arab powers threatens to undermine the region’s progress in positioning itself as business friendly and raises concerns that some firms may be forced to pick sides. Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cut diplomatic ties with Qatar on June Read the full story
Dawn
DUBAI: International businesses are being caught in the crossfire of Qatar’s dispute with its Arab neighbours as it delays shipments, lengthens travel times and prompts contingency plans in case the crisis deepens. The feud between Arab powers threatens to undermine the region’s progress in positioning itself as business friendly and raises concerns that some firms may be forced to pick sides. Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cut diplomatic ties with Qatar on June Read the full story
The world's biggest IPO needs $60 oil prices - or it may
fail to go ahead
City A.M.
The Opec deal is in crisis. All oil price gains derived from the 1.2 million-barrel cut’s initial announcement and implementation have been wiped out, and No. 1 Opec producer Saudi Arabia’s attempt to draw down American inventories has fallen flat, due in part to insubordination from the No. 2 producer, Iraq, along with upturns in production from Nigeria, Libya, and U.S. shale. The KSA had a clear opportunity to drastically change the direction of oil prices last month, when the Organisation of Read the full story
City A.M.
The Opec deal is in crisis. All oil price gains derived from the 1.2 million-barrel cut’s initial announcement and implementation have been wiped out, and No. 1 Opec producer Saudi Arabia’s attempt to draw down American inventories has fallen flat, due in part to insubordination from the No. 2 producer, Iraq, along with upturns in production from Nigeria, Libya, and U.S. shale. The KSA had a clear opportunity to drastically change the direction of oil prices last month, when the Organisation of Read the full story
Temperature in Iran hits 129F (53.7C) - one of the
hottest days ever
Daily Mail
The scorching conditions were recorded in the city of Ahvaz in Iran's south west on Thursday, according to a French meteorologist. Read the full story
Daily Mail
The scorching conditions were recorded in the city of Ahvaz in Iran's south west on Thursday, according to a French meteorologist. Read the full story
AFRICA
Here is what you didn't know about Sudan, one of Africa's biggest economies
Dawn
Independence and turmoil Enter Nimeiry: The socialist Nimeiry:
The liberal Nimeiry: The ‘Islamist’ End result The US Supreme Court recently
reinstated parts of President Donald Trump’s travel ban on seven Muslim-majority
countries. These include Somalia, Iraq, Libya, Iran, Syria, Yemen, and Sudan.
Whereas the situation in countries such as Somalia and Libya has become almost
entirely anarchic; Syria, Iraq, and Yemen are in grip of complex wars and
insurgencies. Iran has been severely Read the full story
For South African eTailers, accepting cash is not an ‘if,’ but
a ‘must.’ According to the latest PYMNTS Global Cash Index™ South Africa
Analysis, cash powers over 50 percent of consumer transactions and accounts for
58 percent of GDP. And while the technological infrastructure catches on,
eTailers must accept cash to stay competitive, says Vusi Ndwandwe, head of
retail and business banking at Absa Bank. Plus, over 200 data points that track
South Africa’s state of cash, in the report. Read the full story
CNN
In less than 15 years the African student body in China has
grown 26-fold, making it the second most popular destination for African
students studying abroad. Read the full story
AllAfrica (Photo: allafrica.com) Even though President Robert Mugabe accuses the Chinese of looting US$15 billion in diamond proceeds, we can exclusively reveal that his wife received US$7 million from one of the Chinese mining companies to finance the construction of the Grace Mugabe Junior School. Anjin Investments, a joint venture between China's Anhui Foreign Economic Construction (Group) Co Ltd (Afec), and Matt Bronze Enterprises -- a front for the Defence ministry and the Zimbabwe Defence Forces Read the full story
Africa: Combating Poverty - an Overview of the Africa-China Think-Tank Forum in Addis Ababa
AllAfrica There was a very interesting and thought provoking meeting of intellectuals joined by media men and women from thirty countries in Africa held in the Ethiopian capital, Addis Ababa last week. Organised by the African Union (AU) Leadership Academy and the Chinese Zhejiang Normal University, a select group of intellectuals and media people from African countries had convened as an AfricanChinese Think-Tank Forum to deliberate poverty alleviation in Africa. I was invited to this forum at the Read the full story
ASIA
port.today
The Container Supply Chain Conference within TOC Europe 2017 held in Amsterdam this week has brought up the question of the impact of China’s concept of One Belt One Road on future container trade and infrastructure projects in Eurasia. Hercules Haralambides, professor of Maritime Economics and Logistics at Erasmus University Rotterdam, presented a holistic overview... Read the full story
China's economy continued to produce the goods in
June
Business Insider
Business Insider
Activity levels across China's manufacturing and
non-manufacturing sectors accelerated unexpectedly in June, ending a strong
first half of the year for the world's second largest economy. According to
China's National Bureau of Statistics (NBS), the nation's manufacturing
Purchasing Manager's Index (PMI) came in at 51.7 in June, topping expectations
for a decline to 51.0. It was the highest reading since March, improving on the
51.2 level reported in May. The PMI measures changes in activity Read the full story
China's opening of bond market may spark ‘massive
demand’ from foreigners, HKEx CEO says
CNBC
CNBC
China’s move to open up its fixed income market to
foreign investors will eventually unleash “massive” demand, HKEx CEO Charles Li
told CNBC on Friday. Read the full
story
China defies slowdown fears as manufacturing
activity accelerates in June
CNBC
China's official manufacturing PMI for June rose to 51.7, accelerating from 51.0 in May and beating a Reuters poll forecast for 51.0. Read the full story
CNBC
China's official manufacturing PMI for June rose to 51.7, accelerating from 51.0 in May and beating a Reuters poll forecast for 51.0. Read the full story
EUROPE
One in five of the top recipients of EU farm
subsidies in Britain are billionairesIndependent.ie
Reverse ferret! Brexit will NOT harm living
standards OECD now says
Express
THE head of the influential OECD has changed his mind on the impact of Brexit on the economy saying now it would not harm living standards in Britain. José Ángel Gurría, 67, is the Secretary General of the Organisation for Economic Co-operation and Development and had previously stated that the UK leaving the European Union would have “substantial negative consequences” on people’s living standards. Read the full story
Brexit boom: Leaving the EU will spark economic revival in the North, says think tank boss
Express
One in five of the biggest recipients of European
farming subsidies in Britain are billionaires and millionaires on the Sunday
Times Rich List, research suggests. Rankings by Greenpeace of the 100 companies
and landowners receiving the biggest basic payments under the Common
Agricultural Policy shows 20 of them are wealthy enough to feature on the Rich
List, up from 16 the year before. It comes as the UK decides on the future of
farming subsidies after Brexit, with Greenpeace calling for public Read the full story
Express
THE head of the influential OECD has changed his mind on the impact of Brexit on the economy saying now it would not harm living standards in Britain. José Ángel Gurría, 67, is the Secretary General of the Organisation for Economic Co-operation and Development and had previously stated that the UK leaving the European Union would have “substantial negative consequences” on people’s living standards. Read the full story
Brexit boom: Leaving the EU will spark economic revival in the North, says think tank boss
Express
LEAVING the European Union will spark an economic boom
in the North of England by freeing companies from the “deadweight shackle” of
Brussels bureaucracy, a think tank boss has predicted. Stephen Purvis, chairman
of independent Policy North, said the region had suffered as a result of
becoming “umbilically dependent” on innefective centralised EU funding. He said
cash from Brussels - which is really just a proportion of British taxpayers’
receipts being handed back across the Channel - had Read the full story
Brexit Bulletin: May Moves Along, Corbyn Sacks
Rebels
Bloomberg
Prime Minister Theresa May won parliamentary approval for her Brexit-heavy legislative program, although she had to make a concession on abortion rights to stave off a potential defeat. In a sign of how fragile the government is, it won the backing of the House of Commons for its agenda by just 323 votes to 309. It also managed to defeat an amendment aimed at softening the departure from the European Union. Theresa May leaves 10 Downing Street on her way to Parliament. The debate also revealed Read the full story
Bloomberg
Prime Minister Theresa May won parliamentary approval for her Brexit-heavy legislative program, although she had to make a concession on abortion rights to stave off a potential defeat. In a sign of how fragile the government is, it won the backing of the House of Commons for its agenda by just 323 votes to 309. It also managed to defeat an amendment aimed at softening the departure from the European Union. Theresa May leaves 10 Downing Street on her way to Parliament. The debate also revealed Read the full story
Blessed and Highly Favored:
CBI Update:
Closed on Saturday
Kauaihn Chatter:
http://www.dinarguru.com/
7-1-2017 Newshound Guru Aggiedad77
...it is my strong opinion that Iraq will not
LOP...their inflation is no where near what it would be for them to
consider such a move... They have no value in taking such an
action...they are looking to be a power and strength for the world once
they revalue their currency...not to weaken themselves...This
is a time frame to be extremely happy and excited to see so many things
unfolding over the past month...the past couple of weeks...this week...and going
forward...excitement is in the air...the excitement is all around...all
IMO...The BEST is coming...wait for it...the lava flow cannot be stopped...has
never been stopped.
6-30-2017 Intel Guru Dr. Clarke We believe,
that there will be some kind of significant announcement and/or action,
regarding Currency, Finances, Money, happening this SUNDAY, July 2nd.
We're NOT calling an RV on this date...but something
important, will come to light. (It would really be nice if they suddenly,
officially raised the Rate in Iraq, to way over $1.20........but we don't think
they'll do it, just YET).....in our strong, but sometimes wrong, Opinion.
We have REASON to Believe, that the dust needs to settle, attention
needs to shift, celebrations need to subside some, and international connections
need to solidify BEHIND THE PUBLIC SCENES, before any official, MASSIVE Money is
moved into USE. (note the word USE) ...and we think the 2nd
half of JULY, particularly the last week of JULY, will be
MASSIVE!
6-30-2017 Intel Guru Frank26 Alak also did something very, very interesting. Alak is talking with the citizens (not what you see in the MSM media). ...Alak said that the monetary reform would during the time he said there would be a delay in lifting the 3 zeros. This is a process/progress. Alaq was interviewed on the 26th...he said they are lifting the 3 zeros in July of 2017. There are 2 days left in June to lift the final zero. The reason why they did this over a 90 day period (3 tranches / 30 days)...if they had lifted all 3 zeros at the same time...the shock that would have occurred in the global markets – they would have gone crazy. This was what was learned in Kuwait in 1999...and was NOT to occur again in 2017. That is why they did it over 90 days...and we found the pattern that showed they did it on the 12th of about every month. So the article says that Alak plans to lift the value in July of 2017. This 90 day plan did NOT shock the markets or the CBI’s mathematics. This is not Kuwait all over again. This is a new and improved model. The gradual lifting of the zeros...this was requested by the IMF to prevent market shock.
6-30-2017 Newshound Guru Adam Montana [Could Iraq state that only currency handed in to Iraq with-in its borders be given the preferential rate to start with? Please don't think this is somehow an in country RV question I am asking as we know that rumor is totally bunk. Just thinking they may want to control the influx of currency to begin with is what I am getting at in a nutshell I guess.] I think that what you are describing is still an in-country RV, with a twist that the in-country part is temporary. If that's what you are asking, then yes - it is possible. I don't think it's likely, but it is possible.
6-30-2017 Newshound Guru mike "CBI website has been updated" ... I didn't think there was much to the missing information on the old spread sheet. I think it's cool that the CBI updated their website, but in my opinion, that's all this means, an updated website. Companies and governments do it all the time, it doesn't indicate much of anything except a more contemporary website.
6-30-2017 Intel Guru Frank26 Alak also did something very, very interesting. Alak is talking with the citizens (not what you see in the MSM media). ...Alak said that the monetary reform would during the time he said there would be a delay in lifting the 3 zeros. This is a process/progress. Alaq was interviewed on the 26th...he said they are lifting the 3 zeros in July of 2017. There are 2 days left in June to lift the final zero. The reason why they did this over a 90 day period (3 tranches / 30 days)...if they had lifted all 3 zeros at the same time...the shock that would have occurred in the global markets – they would have gone crazy. This was what was learned in Kuwait in 1999...and was NOT to occur again in 2017. That is why they did it over 90 days...and we found the pattern that showed they did it on the 12th of about every month. So the article says that Alak plans to lift the value in July of 2017. This 90 day plan did NOT shock the markets or the CBI’s mathematics. This is not Kuwait all over again. This is a new and improved model. The gradual lifting of the zeros...this was requested by the IMF to prevent market shock.
6-30-2017 Newshound Guru Adam Montana [Could Iraq state that only currency handed in to Iraq with-in its borders be given the preferential rate to start with? Please don't think this is somehow an in country RV question I am asking as we know that rumor is totally bunk. Just thinking they may want to control the influx of currency to begin with is what I am getting at in a nutshell I guess.] I think that what you are describing is still an in-country RV, with a twist that the in-country part is temporary. If that's what you are asking, then yes - it is possible. I don't think it's likely, but it is possible.
6-30-2017 Newshound Guru mike "CBI website has been updated" ... I didn't think there was much to the missing information on the old spread sheet. I think it's cool that the CBI updated their website, but in my opinion, that's all this means, an updated website. Companies and governments do it all the time, it doesn't indicate much of anything except a more contemporary website.
6-30-2017 Intel Guru
Bruce I am very positive right now where we
are. I have heard some really good things the last couple of
days... I want to say that finally we do believe Iraq has completed
everything they needed to do. They did complete a series of announcements
yesterday. We heard about that first hand...and we know they
were the announcements we were looking to have happen. The flag
raising in Mosul, the fireworks celebrations ended last night in Iraq.
They completed EID after the holiday of Ramadan. They have
taken their country back. They are sovereign, and they do have a reinstated
rate...their currency...is actually going up and is being traded up in value
over the last several days. One thing that was said today
was only 3 words “It is finished”. That is what came from Iraq and I believe
that is absolutely the case. ...things are looking very good for
us here in the next few days because even though I have a thought when this
would go, I wouldn’t be responsible to put out a time frame... I don’t want to
start now to trying to call it. I just know we are at the end of this
ride. I am excited about where we are.
6-30-2017 Newshound Guru Peggy68 (WOO HOO OUT OF 7 INTO 8 ) And you thought you Iraq would wait until June 30th, 2017 Article: Security Council Authorizes Continued Maintenance of Iraq Escrow Account, Unanimously Adopting Resolution 2335 (2016) The Security Council today authorized the Secretary-General to continue to maintain the escrow account authorized by resolution 1958 (2010), and to retain the funds contained therein until 30 June 2017, at which time all remaining funds would be transferred to the Government of Iraq.
6-30-2017 Newshound Guru Peggy68 (WOO HOO OUT OF 7 INTO 8 ) And you thought you Iraq would wait until June 30th, 2017 Article: Security Council Authorizes Continued Maintenance of Iraq Escrow Account, Unanimously Adopting Resolution 2335 (2016) The Security Council today authorized the Secretary-General to continue to maintain the escrow account authorized by resolution 1958 (2010), and to retain the funds contained therein until 30 June 2017, at which time all remaining funds would be transferred to the Government of Iraq.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abbadi expressed his deep thanks and gratitude to the supreme religious authority of Sayyid Ali Al-Sistani for his great and continuous support to the heroic fighters and the spare fighters in the various types and formations of our armed forces who have made the great saga and victories over the past three years. The most recent of which was their victory in the city of Mosul, and the fact that they are entitled to raise the banner of victory that they achieved with their integrity and blood.
He also praised the call of the religious authority to achieve peaceful social coexistence as a guarantee to avoid any sectarian or sectarian conflict, stressing that these historical positions of the religious reference crowned their positions defending Iraq and its people, foremost of which was the fatwa of the holy jihad that saved Iraq and the path of victory.
Prime Minister 's Media Office
30 June 2017
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted
on English side)
Prime Minister Dr. Haider Al-Abbadi expresses his thanks to the supreme
religious authority of Sayyid Ali Al-Sistani
Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abbadi expressed his deep thanks and gratitude to the supreme religious authority of Sayyid Ali Al-Sistani for his great and continuous support to the heroic fighters and the spare fighters in the various types and formations of our armed forces who have made the great saga and victories over the past three years. The most recent of which was their victory in the city of Mosul, and the fact that they are entitled to raise the banner of victory that they achieved with their integrity and blood.
He also praised the call of the religious authority to achieve peaceful social coexistence as a guarantee to avoid any sectarian or sectarian conflict, stressing that these historical positions of the religious reference crowned their positions defending Iraq and its people, foremost of which was the fatwa of the holy jihad that saved Iraq and the path of victory.
Prime Minister 's Media Office
30 June 2017
*************
ARTICLE 2
Parliament opens Tuesday the last year of its current session
2017/6/30 23
[Ayna-Baghdad]
The House of Representatives will resume next Tuesday its first session of its fourth and final legislative year in its current parliamentary session 2014-2018.
The House of Representatives will resume next Tuesday its first session of its fourth and final legislative year in its current parliamentary session 2014-2018.
"The
Presidency of the Council of Representatives attributed the convening of the
first session of the first legislative term to the fourth legislative year on
Tuesday (July 4th)," a brief statement to the council said.
The Speaker of the Parliament Salim al-Jubouri that the presidency of the Council will adopt in the next legislative term a new mechanism for the attendance of deputies to the meetings through the cancellation of all vacations granted and limited to eight sessions and if the absences exceeded one third of the sessions will activate the rules of procedure to end membership.
He pointed out that "a team of staff of the Council will start recording the attendance of deputies in the session depending on the actual attendance and cameras without granting subsequent vacations."
The Speaker of the Parliament Salim al-Jubouri that the presidency of the Council will adopt in the next legislative term a new mechanism for the attendance of deputies to the meetings through the cancellation of all vacations granted and limited to eight sessions and if the absences exceeded one third of the sessions will activate the rules of procedure to end membership.
He pointed out that "a team of staff of the Council will start recording the attendance of deputies in the session depending on the actual attendance and cameras without granting subsequent vacations."
*************
ARTICLE
3
The National Alliance bless the dawn of victory in Mosul
2017/7/1 9:23
[Ayna-Baghdad]
The National Alliance offered congratulations and congratulations to the supreme religious authority and the Iraqi people at the dawn of victory in the city of Mosul.
The National Alliance offered congratulations and congratulations to the supreme religious authority and the Iraqi people at the dawn of victory in the city of Mosul.
A
statement issued by the National Alliance received a copy of it today, "With the
beginning of the victory, congratulations and congratulations to the supreme
reference of the Grand Ayatollah Ali al-Husseini al-Sistani, may Allah have
mercy on him and our noble people, Eid al-Fitr, And the victory day of the
Muznar gangs of Takfir da'is, and ask him to perpetuate his victory and pride,
the people of our components and all aspects of it.
He added that "the great victories achieved by our armed forces, in all their types and masses, in response to the great fatwa of the supreme authority in the holy holy jihad, constitute the right of a great historic epic in our modern history, written by the heroic Mujahideen with their pure blood and their great sacrifice, through which they documented the finest images of altruism, , And national cohesion. "
The statement added: "We affirm the keenness of our armed forces, our courageous mobilization, the Commander-in-Chief, the forces of the National Alliance and all the components of this sacrificing people to continue the path of Jihad, until the liberation of the entire Iraqi territory from the desecration of terrorist gangs and the elimination of their last remnants. And the people who made the victory, and rejoice the people of their people, and made the feast far away, and greetings attached to the lives of our martyrs and martyrs, and their families sacrificed.
The statement concluded, "Peace, thanks and love, to all those who contributed to the creation of this epic and its manufacture, by act or speech or prayer, by hymn, or lament or tender."
He added that "the great victories achieved by our armed forces, in all their types and masses, in response to the great fatwa of the supreme authority in the holy holy jihad, constitute the right of a great historic epic in our modern history, written by the heroic Mujahideen with their pure blood and their great sacrifice, through which they documented the finest images of altruism, , And national cohesion. "
The statement added: "We affirm the keenness of our armed forces, our courageous mobilization, the Commander-in-Chief, the forces of the National Alliance and all the components of this sacrificing people to continue the path of Jihad, until the liberation of the entire Iraqi territory from the desecration of terrorist gangs and the elimination of their last remnants. And the people who made the victory, and rejoice the people of their people, and made the feast far away, and greetings attached to the lives of our martyrs and martyrs, and their families sacrificed.
The statement concluded, "Peace, thanks and love, to all those who contributed to the creation of this epic and its manufacture, by act or speech or prayer, by hymn, or lament or tender."
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ARTICLE 4
Urgent liberation of Al-Shifa district in Ayman Mosul
2017/7/1 10:18
[Ayna-Baghdad]
The Federal Police Command announced the liberation of the Shifa neighborhood on the right side of the city of Mosul. The Federal Police Chief Raed Shaker Jawdat said in a statement received by the agency of all Iraq [where] a copy of it today that "in a surprise operation of the enemy to open a new axis of the Federal Police of the mechanized division and the brigade 19, 5 in three directions where the first direction east of the old area towards the iron bridge and along the Tigris River During which the lifting of the Iraqi flag on the iron bridge is the end of the task entrusted to lead the federal police forces in the old city.
The Federal Police Command announced the liberation of the Shifa neighborhood on the right side of the city of Mosul. The Federal Police Chief Raed Shaker Jawdat said in a statement received by the agency of all Iraq [where] a copy of it today that "in a surprise operation of the enemy to open a new axis of the Federal Police of the mechanized division and the brigade 19, 5 in three directions where the first direction east of the old area towards the iron bridge and along the Tigris River During which the lifting of the Iraqi flag on the iron bridge is the end of the task entrusted to lead the federal police forces in the old city.
"The
second direction was the release of the market Wednesday and heading towards
Ghazi Street, but the third direction started from the building of the province,
liberating the areas in its direction and to continue the pursuit with our units
of this third division in the southern axis."
"The northern axis has been liberated district of the healing medical complexes by the full federal police Rapid Response Division and the units began the process of inspection to clear the area."
"The northern axis has been liberated district of the healing medical complexes by the full federal police Rapid Response Division and the units began the process of inspection to clear the area."
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ARTICLE 5
URGENT YENENUY ANNOUNCES PRESS RELEASE OF NEW DOOR AND MARKET Wednesday
2017/7/1 11:48
[Ayna-Baghdad]
Yanbui Operations Command announced the liberation of the new Bab Bab and Wednesday market and control of the iron bridge on the right side of the city of Mosul.
Yanbui Operations Command announced the liberation of the new Bab Bab and Wednesday market and control of the iron bridge on the right side of the city of Mosul.
A
statement issued by the Iraqi Army News Agency (KNA) quoted the commander of the
operations of Yaninwe, the special forces commander Abdul Amir Rashid
al-Yarallah, as saying that "the federal police units liberated the new Bab
district and the market Wednesday and took control of the iron bridge in the old
city on the right coast In Mosul ".
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ARTICLE 6
Editing of Souk Al-Sha'arain and Al-Nabi Jarjis area
NINEWA, June 30 (UPI) - Joint
security forces announced on Friday the liberation of new areas in the old city
of Mosul, amid a clear break-up between elements of an organization calling for
the rest of the city.
"The security forces have
completed the liberation of the market of the emblems, the area of the Prophet
Jarges and the area of Abdul Khob in the old city."
On Friday, the 16th Infantry
Division had liberated Al-Farouq's second district in the Old City on the right
side of Mosul.
"The sectors of the 16th Infantry Division
were able to liberate the second district of Al-Faruq in the old city of the
right-hand coast of Mosul," said Brigadier General Abdul-Amir Rashid Yaarallah,
commander of operations in Ninewa. Ending
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ARTICLE 7
Lift the Iraqi flag over the Mosque of Nuri
2017/6/30 18:16
[Ayna-Baghdad]
Troops and commanders of the anti-terrorist agency raised Iraqi flag over the debris of the Great Nouri Mosque in the Old City of Ayman Mosul.
Troops and commanders of the anti-terrorist agency raised Iraqi flag over the debris of the Great Nouri Mosque in the Old City of Ayman Mosul.
Terrorist
gangs on Monday blew up the mosque and its al-Hadba mosque, where its terrorist
leader Abu Bakr al-Baghdadi had spoken three years ago, announcing his alleged
succession.
On Wednesday, fighting forces released the site of the mosque to announce Prime Minister Haider al-Abadi "the end of the falsehood of falsehood".
On Wednesday, fighting forces released the site of the mosque to announce Prime Minister Haider al-Abadi "the end of the falsehood of falsehood".
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ARTICLE 8
Calling for a hint of the killing of Baghdadi and acknowledges the loss of Mosul and establish an alternative headquarters for the "state of succession"
Nineveh - Iraq Press - June
30: The organization approved the loss of the loss of the battle of Mosul and
identified a temporary headquarters for what he called the "state of the
Caliphate," hinting at the killing of his leader Abu Bakr
al-Baghdadi.
Where he admitted Khatib Juma
organization in the district of Tal Afar, west of Mosul today, suddenly this
loss, citing indirectly the killing of the organization's leader Abu Bakr
al-Baghdadi during a speech by the leader of the organization Abu
Qutaiba.
A local source in Nineveh
province said on Wednesday that a close associate of the leader of the
organization Abu Bakr al-Baghdadi was crying after mentioning the name of the
latter in a Friday prayer sermon in the city of Tal Afar, west of Mosul, while
pointing out that the slip of his tongue during the sermon likely news of the
death of al-Baghdadi.
The source said that "one of
the very close to the so-called Baghdadi and called" Abu Qutaiba "has taken the
Friday prayer pulpit in the center of Tal Afar district, west of Mosul, and
delivered a Friday sermon in dozens of worshipers, mostly militants and
supporters of the organization.
"What distinguishes this
sermon is that Abu Qutayba was crying when he mentioned the name of al-Baghdadi
in his sermon in a sudden and then silence for some time and then echoed the
Quranic verses before he dropped his tongue and suggests a few words that
suggest the news of his death."
"Abu Qutaybah's sermon, which
is characterized by its stature in a provocative structure, may have been an
early sign of announcing the death of al-Baghdadi, although he did not mention
his fate directly," the source said, pointing out that the sermon had spread
strongly throughout Tal Afar.
At the same level, a local
source in the judiciary said that one of the leaders of the preacher Abu al-Bara
al-Musalli had delivered the Friday sermon in another mosque in the judiciary
has acknowledged defeat of the organization in Mosul, despite the denial of the
repeated organization fall strongholds in Mosul by the joint security forces and
the publication of videos about his continued presence In the vicinity of the
Mosque of Nuri.
The source added that
"Al-Musli is the assistant of Wali Tal Afar justified a loss in his brief
sermon, the battle of Mosul, Bakr and escape in the war," pointing out that "Tal
Afar has become a temporary headquarters of what he called the state of the
Caliphate."
Earlier in the day, after
confirming to Russia over the past few days that al-Baghdadi had been killed in
air raids in Syria, the private website on Iranian radio had published pictures
he said were his body.
The site showed two pictures
of Baghdadi alive, and two other dead under the banner "Baghdadi died and the
end of the dream began." "The Baghdadi terrorist must have died,"
said Ali Shirazi, a representative of the supreme leader of the Quds Force, Ali
Khamenei.
Russian officials said on June
17 that al-Baghdadi was killed in an air strike carried out by Russian planes in
the main stronghold of al-Raqqa, Syria. Russian Foreign Minister Sergei Lavrov
said on Wednesday he could say with high confidence that the leader of the
Islamic state was killed. Finished
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ARTICLE 9
Eating chocolate improves memory within two hours
2017/7/1 9:04
[Ayna-Follow]
Researchers from Italy have found that eating chocolates improves cognitive skills and memory activity immediately during the hours following their consumption, and that regular and over-the-counter chocolates protect against deterioration of the cognitive abilities of the brain as they age.
Researchers from Italy have found that eating chocolates improves cognitive skills and memory activity immediately during the hours following their consumption, and that regular and over-the-counter chocolates protect against deterioration of the cognitive abilities of the brain as they age.
This
benefit joins a range of benefits known as chocolate, such as regulating blood
pressure, reducing stress-induced oxidation, and reducing the signs of aging
that attack the skin.
The study was conducted at the University of L'Aquila, Italy, and published in the journal "Nutrition". The results found that antioxidants found in cocoa, known as flavonoids, improved the functioning of regions responsible for brain cognitive abilities.
The study found that consumption of 773 mg of flavonoid cocoa improves the cognitive abilities of young people after two hours of entering the body.
he results of the study showed that eating chocolate every day for 5 to 3 months provides a degree of protection for the elderly against the cognitive decline that leads to dementia in old age.
The effect of flavonoids on memory activity and the ability to analyze information is reflected. Chocolate lovers should monitor the body's sugar intake, not over-ingestion, while eating small or moderate amounts regularly.
The study was conducted at the University of L'Aquila, Italy, and published in the journal "Nutrition". The results found that antioxidants found in cocoa, known as flavonoids, improved the functioning of regions responsible for brain cognitive abilities.
The study found that consumption of 773 mg of flavonoid cocoa improves the cognitive abilities of young people after two hours of entering the body.
he results of the study showed that eating chocolate every day for 5 to 3 months provides a degree of protection for the elderly against the cognitive decline that leads to dementia in old age.
The effect of flavonoids on memory activity and the ability to analyze information is reflected. Chocolate lovers should monitor the body's sugar intake, not over-ingestion, while eating small or moderate amounts regularly.
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