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Communications: Establishment of "Islamic Postal Bank" in its final stages
The financial and administrative agent of the Ministry of Communications Dr. Karim al-Saadi announced that the launch of the Islamic Postal Bank has reached its final procedures.
"The preliminary approval was obtained by the Central Bank as the body responsible for granting banking licenses," Saadi told the Journal News. "The approval is to be an Islamic government bank at the request of the ministry."
He added that "the bank will grant all facilities and loans according to Islamic customs and law," likely "because of the provision of services at a low cost to certain segments of society compared to some services of private banks."
"The bank's capital reaches up to 160 billion dinars of the assets of the General Post and Savings Company, to provide all banking services to citizens and employees alike, including lending, deposit and electronic payment," Saadi said, noting that "the bank can be managed open to the private sector as a partner in certain percentages to contribute Providing services and operating capital. "
Al-Jaafari: Iraq is working to create an atmosphere of reconciliation between the cross-border countries in the Gulf
Release date: 2017/7/29 13:59 • 22 times read
(Baghdad: Al-Furat News) Foreign Minister Ibrahim al-Jaafari said after concluding his visit to the Indian capital New Delhi that Iraq is working to create an atmosphere of harmony and reconciliation between the cross-border countries in the Gulf, noting that "Iraq is mobilizing world public opinion to stand by his side in the reconstruction of cities The destroyer.
According to a statement of his office received the {Euphrates News} Jaafari held a press conference at the end of his meetings, during which he stressed that "the next step is the reconstruction of the construction of the city of Mosul, Anbar and Salahuddin after being sabotaged by the gangs of Dahesh terrorist."
"We are now mobilizing the world public opinion to stand by Iraq in rebuilding the devastated cities, so we want to intensify our efforts and cooperate together. We need to communicate and share security information about a mobilizing guerrilla movement," he said.
"We have discussed the exchange of economic interests between us and India and raise the level of oil exports to India by Iraq," he said. "My visit to India is to further deepen relations between Iraq and India, to raise the level of mutual economic and security interests, Cities of terrorist gangs, "noting" We believe that the battle against what is called up, and Iraq needs assistance in the field of security, information exchange, training, and provide some logistical supplies. "
Jaafari said in response to a question about the status of the tribal crowd after the end of the liberation of the regions of the gangs of the terrorist da'wah between "as long as the need for them to exercise their role as a tribal mobilization, and when the need increases everyone is due to his work, and who wants to join the army,
On the crisis between some Gulf countries and Qatar, Al-Jaafari stressed that "Iraq's strategic policy does not interfere in the affairs of other countries, and we work to create an atmosphere of harmony and reconciliation between the cross-country, especially when one or all of Iraq's geographical neighbors. The creation of a peaceful atmosphere, the return of Qatari-Saudi relations to their natural course, and not allowing expansion to other countries. "
He pointed out that "we have said more than once in the Arab League that Iraq with the unity of the Arab position in all its countries, and I would like to say," Iraq's position is part of a general strategy applied to many countries, and was not willing to intervene in the affairs of other countries, and applied in Yemen, Which happened in Yemen was the same position in Libya, and other countries that have suffered from these problems. "
As for the fate of the 39 missing Indians in Mosul, al-Jaafari said: "So far we have no information about the group of 39 Indians, and we are checking their news whether they are civilians of Mosul, or a terrorist who is calling, and which thread we can reach."
"We are now mobilizing the world public opinion to stand by Iraq in rebuilding the devastated cities, so we want to intensify our efforts and cooperate together. We need to communicate and share security information about a mobilizing guerrilla movement," he said.
"We have discussed the exchange of economic interests between us and India and raise the level of oil exports to India by Iraq," he said. "My visit to India is to further deepen relations between Iraq and India, to raise the level of mutual economic and security interests, Cities of terrorist gangs, "noting" We believe that the battle against what is called up, and Iraq needs assistance in the field of security, information exchange, training, and provide some logistical supplies. "
Jaafari said in response to a question about the status of the tribal crowd after the end of the liberation of the regions of the gangs of the terrorist da'wah between "as long as the need for them to exercise their role as a tribal mobilization, and when the need increases everyone is due to his work, and who wants to join the army,
On the crisis between some Gulf countries and Qatar, Al-Jaafari stressed that "Iraq's strategic policy does not interfere in the affairs of other countries, and we work to create an atmosphere of harmony and reconciliation between the cross-country, especially when one or all of Iraq's geographical neighbors. The creation of a peaceful atmosphere, the return of Qatari-Saudi relations to their natural course, and not allowing expansion to other countries. "
He pointed out that "we have said more than once in the Arab League that Iraq with the unity of the Arab position in all its countries, and I would like to say," Iraq's position is part of a general strategy applied to many countries, and was not willing to intervene in the affairs of other countries, and applied in Yemen, Which happened in Yemen was the same position in Libya, and other countries that have suffered from these problems. "
As for the fate of the 39 missing Indians in Mosul, al-Jaafari said: "So far we have no information about the group of 39 Indians, and we are checking their news whether they are civilians of Mosul, or a terrorist who is calling, and which thread we can reach."
Minister of Oil in Tehran today to discuss the gas transportation project
Release Date: 2017/7/29 8:53 • 96 times read
(AFP) - Oil Minister Jabbar al-Luaibi will arrive in Tehran on Saturday to discuss cooperation in oil projects between the two countries, the Oil Ministry said.
"The oil minister will visit Tehran today to meet with his Iranian counterpart, Bijan Zanganeh, and discuss the latest developments in the oil market and joint oil projects between Iran and Iraq," a source in the Iranian Oil Ministry said.
The most important of which is to discuss the development of the gas transportation project from Iran to the cities of Basra and Baghdad. "
The two countries signed a memorandum on the export of gas from the Iranian side to Iraq in 2009, which later turned into an agreement that provided Iran to export 20 to 25 million cubic meters of gas to Iraq.
In October last year a second agreement was signed on the export of Iranian gas to Iraq and it was agreed to transfer from 25 to 40 million cubic meters of gas to secure the fuel station "Shatt al-Basra."
And reached the Iraqi and Iranian sides after intensive talks in late 2016 agreement to inaugurate this line
The most important of which is to discuss the development of the gas transportation project from Iran to the cities of Basra and Baghdad. "
The two countries signed a memorandum on the export of gas from the Iranian side to Iraq in 2009, which later turned into an agreement that provided Iran to export 20 to 25 million cubic meters of gas to Iraq.
In October last year a second agreement was signed on the export of Iranian gas to Iraq and it was agreed to transfer from 25 to 40 million cubic meters of gas to secure the fuel station "Shatt al-Basra."
And reached the Iraqi and Iranian sides after intensive talks in late 2016 agreement to inaugurate this line
This is the story of a young Egyptian who returned to his family after his disappearance 21 years in Iraq
Editorial date: 2017/7/29 9:50 • 661 times read
The story of the return of an Egyptian young man after his absence from his family, and hope for the family after all the ways to find him useless, especially that his absence lasted 21 years.
In the village of Burj Mughizel, located in the center of Metobas in Kafr El-Sheikh governorate, the story of a child has witnessed many stories about his absence from his family, but the story of the young man's family confirms his abduction, especially since the hijacker lived in the same neighborhood as the child's father in Falluja. From Muhbah Hassan Mohammed Abdellatif wrote that he was found in Iraq, and brought him to Egypt and his father until he found his father.
Alaa Mohammed Shehata, 24, lived throughout his life in Bershid, a suburb of the Beheira district. He did not know that he had a family. He thought that his father raised him. The child lived and grew up in Berchid. He did not carry official papers, and when he wanted his grandfather to attribute him to him by extracting papers And he began to search for the family of the young man. He found them and gave him a friendly mini-meeting between the parties of the families and witnessed by 3 of the people of the village of Burj Moghizel and Rashid.
Mustafa Shehata Knwas, "the uncle of the young man returning" that his brother Mohammed was working in Iraq and married an Iraqi woman and gave birth to Mohammed, and one day returned home from work, he knew the disappearance of his son, and searched for much did not find him and learned from the son of a woman who was living in Fallujah Iraq that his uncle He who took his son.
He said his brother had returned from Iraq to look for his son in Rasheed and was looking for those who had taken him, but he did not find him.
He said he was surprised by Captain Faraj al-Muzayn and Khamis Arafa, members of the Migizel Tower Youth Center, who asked him to tell him that the eldest of the families, Rashid, inquires about a man named Muhammad Shehata Knows, who was in Iraq and lost his son more than 21 years ago. .
He added that his brother, despite the passage of those years, did not lose hope, and the story of the Prophet Yusuf, who returned to his father, the prophet Jacob, in his mind did not go away despite The big difference between the two stories but his trust in God did not shake a moment.
The uncle of the young man said that he asked to see his nephew's son to make sure of himself. He said that he did not control himself when he saw his brother's son, Alaa Mohammed, as if he was young, pointing to his feelings and feelings.
"An informal mini-session was held in the presence of a security officer in a friendly manner," he said. "He handed over his nephew and wrote an acknowledgment of receipt.
Alaa Mohammed Shehata Knase, who returns to his family after 21 years, said he did not feel who was living with him that he was his father. He knew that he wanted to extract papers to write down his name, stressing that he did not know he was absent or kidnapped and knew nothing about his childhood. The truth revealed that his sense over the past years was not a lie that the man whom he raised had nothing to do with blood.
Alaa Knaiss said that once he saw his father's picture and the resemblance between them, he was sure that he was his father, stressing that he had asked his uncle to contact his father to hear his voice because he was sure of his feelings towards him.
He said that in his father's voice, he felt the true fatherhood and the affection he had missed over the past years, stressing that since his return he had the image of his father and was always in touch with him and was waiting for his return at any time.
Alaa Mohammed Knase added that he did not receive school education or carry any personal identification. His life was between death and life, but he started in his youth since his return to his family. is over
Alaa Mohammed Shehata, 24, lived throughout his life in Bershid, a suburb of the Beheira district. He did not know that he had a family. He thought that his father raised him. The child lived and grew up in Berchid. He did not carry official papers, and when he wanted his grandfather to attribute him to him by extracting papers And he began to search for the family of the young man. He found them and gave him a friendly mini-meeting between the parties of the families and witnessed by 3 of the people of the village of Burj Moghizel and Rashid.
Mustafa Shehata Knwas, "the uncle of the young man returning" that his brother Mohammed was working in Iraq and married an Iraqi woman and gave birth to Mohammed, and one day returned home from work, he knew the disappearance of his son, and searched for much did not find him and learned from the son of a woman who was living in Fallujah Iraq that his uncle He who took his son.
He said his brother had returned from Iraq to look for his son in Rasheed and was looking for those who had taken him, but he did not find him.
He said he was surprised by Captain Faraj al-Muzayn and Khamis Arafa, members of the Migizel Tower Youth Center, who asked him to tell him that the eldest of the families, Rashid, inquires about a man named Muhammad Shehata Knows, who was in Iraq and lost his son more than 21 years ago. .
He added that his brother, despite the passage of those years, did not lose hope, and the story of the Prophet Yusuf, who returned to his father, the prophet Jacob, in his mind did not go away despite The big difference between the two stories but his trust in God did not shake a moment.
The uncle of the young man said that he asked to see his nephew's son to make sure of himself. He said that he did not control himself when he saw his brother's son, Alaa Mohammed, as if he was young, pointing to his feelings and feelings.
"An informal mini-session was held in the presence of a security officer in a friendly manner," he said. "He handed over his nephew and wrote an acknowledgment of receipt.
Alaa Mohammed Shehata Knase, who returns to his family after 21 years, said he did not feel who was living with him that he was his father. He knew that he wanted to extract papers to write down his name, stressing that he did not know he was absent or kidnapped and knew nothing about his childhood. The truth revealed that his sense over the past years was not a lie that the man whom he raised had nothing to do with blood.
Alaa Knaiss said that once he saw his father's picture and the resemblance between them, he was sure that he was his father, stressing that he had asked his uncle to contact his father to hear his voice because he was sure of his feelings towards him.
He said that in his father's voice, he felt the true fatherhood and the affection he had missed over the past years, stressing that since his return he had the image of his father and was always in touch with him and was waiting for his return at any time.
Alaa Mohammed Knase added that he did not receive school education or carry any personal identification. His life was between death and life, but he started in his youth since his return to his family. is over
Mr. Ammar al-Hakim calls on the members of the House of Representatives and the provinces and officials of the current wisdom to disclose their financial liabilities
Release date: 2017/7/29 11:49 • 198 times read
(Baghdad: Al-Furat News) The head of the National Wisdom Movement, Mr. Ammar al-Hakim called on the members of the House of Representatives and the Governorates and all the executive members of the Wisdom movement to disclose their financial liabilities and provide a patent from the regulatory bodies to be belonging to the stream of wisdom is transparent and impartial ..
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Iraq and Iran discuss the development of the reality of transport and return to the border agreement signed in 1975
Editorial date: 2017/7/29 10:29 • 141 times read
(Baghdad: Al-Furat News) Minister of Transport Kazem Vangan discussed with the Iranian Minister of Defense Hussein Dehqan the contribution of his country's civilian companies in developing the reality of transport in Iraq.
The Minister of Transport Kazem Venjan Al-Hamami met on Saturday with Iranian Defense Minister Hussein Dehqan at his ministry's headquarters, and discussed several issues of concern to the two friendly countries.
He pointed out that "this meeting is an update of the talks with Iranian companies involved in the manufacture of ships and civil ships belonging to the Iranian Ministry of Defense, indicating that" the formation of the Iraqi-Iranian committee was put forward to deepen the bonds of cooperation in various areas, especially transport, "He also proposed to return to the border agreement between the two countries signed in 1975. For his part, Dehqan expressed his initial agreement on this and will be presented to the Iranian Foreign Ministry."
For his part, the Iranian minister expressed his admiration for Al-Hamami's professionalism and his active movement, pointing out that the Iranian government and the Iranian people are friendly with this friendly country and stand with him at all times and circumstances. The Iranian minister conveyed words of friendship, appreciation and respect to the people. All of Iraq on the occasion of the impressive victories over the gangs of the terrorist Da'ash, wishing the return of Iraq to its former, given the strategic location and abundant goods
He pointed out that "this meeting is an update of the talks with Iranian companies involved in the manufacture of ships and civil ships belonging to the Iranian Ministry of Defense, indicating that" the formation of the Iraqi-Iranian committee was put forward to deepen the bonds of cooperation in various areas, especially transport, "He also proposed to return to the border agreement between the two countries signed in 1975. For his part, Dehqan expressed his initial agreement on this and will be presented to the Iranian Foreign Ministry."
For his part, the Iranian minister expressed his admiration for Al-Hamami's professionalism and his active movement, pointing out that the Iranian government and the Iranian people are friendly with this friendly country and stand with him at all times and circumstances. The Iranian minister conveyed words of friendship, appreciation and respect to the people. All of Iraq on the occasion of the impressive victories over the gangs of the terrorist Da'ash, wishing the return of Iraq to its former, given the strategic location and abundant goods
Abadi announced the establishment of a plan to liberate Tal Afar with the participation of all the security services and the crowd
Editorial Date: 2017/7/29 11:15 • 97 times read
Baghdad - Prime Minister Haider al-Abadi on Saturday stressed the need for a national political class that would be "like" for the army's leaders to "race" to defeat the "Dahesh" organization. He said that he had devised a plan to liberate Tal Afar with the participation of all the security services and the popular masses The tribes ... follow
Jubouri: keen to approve the amendment of the age of candidacy to the elections to include a wider segment of young people
Editorial date: 2017/7/29 13:44 • 39 times read
"The idea of the Youth Parliament, with its moral consideration, represents a real experiment that reflects the will of transformation and transition, and deals generously with the theory of the peaceful transfer of power, unless the leaders of today are so determined to end," Speaker of the Parliament Salim al-Jubouri said Saturday. The stage of their responsibility and the beginning of a new stage for those behind them we will fall into the trap of despotism and historical selfishness that does not look at time as an active factor in evolution.
"The real suffering of young people lies in the chances of living in the first place. How can we wait for a generation to make the change and it is suffering," he said in a statement to his office in a speech delivered on his behalf by Iyad al-Jubouri on the occasion of the launch of the third session of the youth parliament. In particular from the issue of unemployment and struggling bitterness to get a job to support his family and running behind a living to no avail and queuing in the queue of applicants for appointment because of the decline of the capabilities of the private sector.
"We ask the relevant executive bodies to find realistic solutions to this file in preparation for the involvement of young people in the project of change and reform."
"The Speaker of the Parliament," the keenness of the Presidency of the House of Representatives to approve the amendment of the age of candidacy in the legislative and local elections to include a broader sector of Iraqi youth and to give way to early qualitative capabilities able to give motivated by the strength of youthful enthusiasm without waiting longer to get this opportunity, and to reap young people a higher rate in the Council The federal deputies may reach half the seats of parliament in the upcoming legislative elections. "
He pointed out "the importance of developing the youth file and activating it in a very field manner, through a comprehensive national initiative for the rehabilitation of young people, including the historic opportunity to start the Renaissance project in all fields and various sectors of the state institutions and overcome the frequency node to more actual initiatives that give way to this generation to make life After terrorism tried to tear the national fabric and delay the wheel of development and hindered after the occupation of several areas and sabotage of the manifestations of civilization and history and the destruction of the national infrastructure.
"We ask the relevant executive bodies to find realistic solutions to this file in preparation for the involvement of young people in the project of change and reform."
"The Speaker of the Parliament," the keenness of the Presidency of the House of Representatives to approve the amendment of the age of candidacy in the legislative and local elections to include a broader sector of Iraqi youth and to give way to early qualitative capabilities able to give motivated by the strength of youthful enthusiasm without waiting longer to get this opportunity, and to reap young people a higher rate in the Council The federal deputies may reach half the seats of parliament in the upcoming legislative elections. "
He pointed out "the importance of developing the youth file and activating it in a very field manner, through a comprehensive national initiative for the rehabilitation of young people, including the historic opportunity to start the Renaissance project in all fields and various sectors of the state institutions and overcome the frequency node to more actual initiatives that give way to this generation to make life After terrorism tried to tear the national fabric and delay the wheel of development and hindered after the occupation of several areas and sabotage of the manifestations of civilization and history and the destruction of the national infrastructure.
Ameri: The battle is still ongoing and requires us to work and unity of the word
Editorial date: 2017/7/29 11:37 • 94 times read
The head of the Badr Organization, Hadi al-Amiri, said on Saturday that the battle is still ongoing and requires us to work and unity of the word and the row of ranks. He pointed out that the presence of the sons of the faithful generation in the arena of jihad stopped the enemy's progress and ended its existence.
"The battle did not end as the media tried to portray it," Amiri said in a speech at the festival of Mohammed al-Sadr, the revolution of challenge and jihad, in commemoration of the martyrdom of Mr. Mohammed Mohammed Sadiq al-Sadr, Presence and seriousness until the achievement of military victory and the folding of a gang of gangs and called the terrorist once and for all. "
"We have another battle, no less serious than the military battle, which is the intellectual battle," Amiri said, adding that "it may be tougher, more complex and more difficult than the military battle."
Al-Amiri called for the importance of "creating an intellectual mobilization that will participate in all to eliminate intellectual hooliganism," stressing the need to "preserve young people and create hope for them."
"We have another battle, no less serious than the military battle, which is the intellectual battle," Amiri said, adding that "it may be tougher, more complex and more difficult than the military battle."
Al-Amiri called for the importance of "creating an intellectual mobilization that will participate in all to eliminate intellectual hooliganism," stressing the need to "preserve young people and create hope for them."
Abadi: We do not want the Fascist to return to lead again in the military (expanded)
Editorial date: 2017/7/29 12:55 • 81 times read
The Prime Minister, Dr. Haider al-Abbadi, said that victory will remain an ally of the Iraqis, and that young people had a fundamental role and a great achievement, warning of the attempt of some to bring frustration and despair in the hearts of young people through attempts to marginalize them, saying, "We do not want the corrupt to return to the leadership Again in the military. "
A statement issued by his office received the agency {Euphrates News} copy of today congratulated Abadi in his speech the launch of the third session of the Iraqi Youth Parliament, "continue the work of young people and their effective role in society and achieve victory," noting that "success is not measured in normal circumstances and the availability of resources, Challenges ".
"The whole world is impressed by the victory that the Iraqis have achieved because they did not expect it so quickly and in the difficult circumstances in Iraq and the great danger represented by terrorist gangs," he said.
"He was very dangerous, he was able to recruit in more than 100 countries and turn young people from a creative unit to kill themselves and kill others," he said.
Abadi continued, "We in Iraq have faced the idea of urging and won it and the system of terror that spread throughout the world and we need to write history this victory, which was written with the blood and sacrifices of Iraqis."
Abadi said that "the restoration of the strength of the military establishment was the result of hard work and rehabilitation and we do not want the Fascist to return to the leadership again in the military and we want a political class similar to the army leaders in their race to defeat an advocate."
He pointed out that "the utmost importance of the Islamic Jihad of the Supreme Guide to Mr. Sistani to achieve victory, where the sons of the country who volunteered without receiving a salary to defend the country."
"Iraq has regained its role and position in the world and some want to attribute victory to others," he said. "Victory is Iraqi and the courage of Iraqis and countries has helped us for their interests.
"The son of the south has achieved national unity, transcended sectarianism and regionalism and has gone to liberate other regions," he said, adding that "it is important that the politician not only defend his party or his sect and disperse society."
"There are people who are saddened by the victory and are trying to exploit any event to strike our forces," he said. "We worked to strengthen the intelligence side and we succeeded in that."
Abadi said that "Tal Afar will return to all its sons and will participate in the army and the federal police and the fight against terrorism and the mobilization of local and popular in the liberation."
The external sector report of the IMF, an annual assessment of currencies, surpluses and external deficits in major economies, showed that the current external account deficit was more concentrated in certain advanced economies such as the United States, while surpluses persisted in China and Germany.
While the report said the value of the euro was appropriate for the entire European currency, he said the real exchange rate was also 10 to 20 percent lower than the German economy's fundamentals, with the large current account surplus.
At the same time, the IMF considered the value of the pound as over 15 percent as compared to the fundamentals, which include a high level of uncertainty about Britain's trade relationship with the EU after the break-up.
The IMF said the dollar's appreciation in recent years was based on relatively stronger expectations of growth and variability in monetary policy between the euro zone and Japan, as well as expectations of more financial stimulus from the administration of US President Donald Trump.
The IMF recommended that the US authorities adopt steps to reduce the current account deficit, which is still very large by reducing the federal budget deficit and implementing structural reforms to increase the rate of savings and improve the productivity of the economy.
China's current account surplus is growing again after falling in 2015 and 2016 and needs to fall, the report said.
The report found that the IMF considers the value of both the Mexican currency (peso) and the South Korean currency (wun) to be less than 5 to 15 percent lower than the economic fundamentals of the two countries.
The IMF said it expected the Mexican peso to rise as risks of US protectionist policies dissipated, but noted that South Korea needed to stimulate domestic demand to reduce a huge current account surplus.
"The whole world is impressed by the victory that the Iraqis have achieved because they did not expect it so quickly and in the difficult circumstances in Iraq and the great danger represented by terrorist gangs," he said.
"He was very dangerous, he was able to recruit in more than 100 countries and turn young people from a creative unit to kill themselves and kill others," he said.
Abadi continued, "We in Iraq have faced the idea of urging and won it and the system of terror that spread throughout the world and we need to write history this victory, which was written with the blood and sacrifices of Iraqis."
Abadi said that "the restoration of the strength of the military establishment was the result of hard work and rehabilitation and we do not want the Fascist to return to the leadership again in the military and we want a political class similar to the army leaders in their race to defeat an advocate."
He pointed out that "the utmost importance of the Islamic Jihad of the Supreme Guide to Mr. Sistani to achieve victory, where the sons of the country who volunteered without receiving a salary to defend the country."
"Iraq has regained its role and position in the world and some want to attribute victory to others," he said. "Victory is Iraqi and the courage of Iraqis and countries has helped us for their interests.
"The son of the south has achieved national unity, transcended sectarianism and regionalism and has gone to liberate other regions," he said, adding that "it is important that the politician not only defend his party or his sect and disperse society."
"There are people who are saddened by the victory and are trying to exploit any event to strike our forces," he said. "We worked to strengthen the intelligence side and we succeeded in that."
Abadi said that "Tal Afar will return to all its sons and will participate in the army and the federal police and the fight against terrorism and the mobilization of local and popular in the liberation."
The IMF praises the euro, yuan and yen and criticizes the undervalued dollar
29-07-2017 12:00 PM
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Baghdad News -
WASHINGTON Reuters
The United States dollar is overvalued by 10 to 20 percent on the fundamentals of the US economy in the short term, while the euro, the Japanese yen and the yuan are broadly in line with fundamentals, the International Monetary Fund said on Friday.
The external sector report of the IMF, an annual assessment of currencies, surpluses and external deficits in major economies, showed that the current external account deficit was more concentrated in certain advanced economies such as the United States, while surpluses persisted in China and Germany.
While the report said the value of the euro was appropriate for the entire European currency, he said the real exchange rate was also 10 to 20 percent lower than the German economy's fundamentals, with the large current account surplus.
At the same time, the IMF considered the value of the pound as over 15 percent as compared to the fundamentals, which include a high level of uncertainty about Britain's trade relationship with the EU after the break-up.
The IMF said the dollar's appreciation in recent years was based on relatively stronger expectations of growth and variability in monetary policy between the euro zone and Japan, as well as expectations of more financial stimulus from the administration of US President Donald Trump.
The IMF recommended that the US authorities adopt steps to reduce the current account deficit, which is still very large by reducing the federal budget deficit and implementing structural reforms to increase the rate of savings and improve the productivity of the economy.
China's current account surplus is growing again after falling in 2015 and 2016 and needs to fall, the report said.
The report found that the IMF considers the value of both the Mexican currency (peso) and the South Korean currency (wun) to be less than 5 to 15 percent lower than the economic fundamentals of the two countries.
The IMF said it expected the Mexican peso to rise as risks of US protectionist policies dissipated, but noted that South Korea needed to stimulate domestic demand to reduce a huge current account surplus.
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OIL/COMMODITIES/ENERGY
Gold hits 6-week high after U.S. data dampens rate hike expectations
Gold prices rose to its highest level since early June on weaker than expected U.S. inflation.
Gold marks highest finish since mid-June, up 1.1% for the week
MarketWatch
MarketWatch
Gold prices settled Friday at their highest level since mid-June, up 1.1% for the week, as reports of another missile test in North Korea and further weakness in the U.S. dollar boosted investment demand for the precious metal. August gold added $8.40, or 0.7%, to settle at $1,268.40 an ounce. The metal scored a third weekly gain in a row. Read the full story
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Fox News
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Oil posts best weekly gain this year, up 8.6% to $49.71 on signs of market rebalancing
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Oil prices log biggest weekly gain of the year
MarketWatch
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Oil prices finished Friday at their highest level since late May, lifting their weekly gain to 8.6%, on the back of renewed output-curb commitments from some key oil producers and uncertainty surrounding supplies from Venezuela. September West Texas Intermediate crude rose 67 cents, or 1.4%, to settle at $49.71 a barrel on the New York Mercantile Exchange for the session. Prices saw their biggest weekly percentage gain since early December. Read the full story
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The 5 biggest mobile banking mistakes you should avoid
BT.com
BT.com
We use mobile baking apps daily, but some basic mistakes could be leaving us exposed. How many of these mobile banking security slip-ups have you made? Read the full story
One way you’re paying credit-card fees, even if you don’t have a card
MarketWatch
MarketWatch
The U.K. is banning credit-card ‘swipe fees’ — could it happen here? Read the full story
Keller Rohrback L.L.P. Investigating Reports Wells Fargo Forced Insurance on Auto Loan Customers
Insurance News
Insurance News
SEATTLE --(BUSINESS WIRE)-- Attorney Advertising : Keller Rohrback L.L.P. , the firm that filed the first class action on behalf of consumers in the Wells Fargo fake account scandal, resulting in a $142 million settlement—is investigating reports that Wells Fargo (NYSE: WFC) charged auto loan borrowers millions of dollars for insurance they did not need. This Smart News Release features multimedia. View the full release here:http://www.businesswire.com/
Wells Fargo cuts 69 executive jobs: spokesman
Reuters
Reuters
Wells Fargo & Co said on Friday it is cutting 69 executive jobs at its retail unit, as part of a restructuring in the division. Read the full story
Small businesses are getting fed up with big banks
Business Insider UK
It’s no secret that, following the financial crisis, small and mid-sized business (SMB) owners have been long on complaints and short on love for their banks. While lending restrictions seem to be easing somewhat recently, SMBs have struggled mightily in terms of getting approved for business loans. But it’s not just the difficulty of securing lines of credit or business loans that have SMBs unhappy. Business customers have also been vocal in complaining about the lack of leading-edge products Read the full story
Chinese local banks join global payments innovation
POST Online Media
Three local Chinese commercial banks joined a global payments innovation initiative Friday, bringing the number of Chinese banks involved to 16, the most in the world. The three banks are Yinzhou Bank and Bank of Ningbo in eastern China's Zhejiang Province, and the Bank of Jiangsu. The initiative was launched by SWIFT, a glo... Read the full story
TREASURIES/BONDS/STOCKS
US Treasurys higher as bond investors digest GDP data
U.S. government debt prices were higher on Friday, as investors digest data releases including gross domestic product (GDP).
INSURANCE
Higher prices, fewer options lurk after health bill collapse
ABC News
ABC News
Soaring prices and fewer choices may greet consumers when they return to the Affordable Care Act's insurance marketplaces this fall unless insurers gain certainty soon on some key subsidy payments Read the full story
The 10 Most-Stolen Cars and the Cost of Theft Insurance
Chron.com
Chron.com
This article was first published on NerdWallet.com. Driving an older vehicle is often a smart financial decision, as they’re typically more affordable to buy and insure. But an older vehicle could also make you a target for car thieves. Read the full story
A.M. Best Withdraws Credit Ratings of Plans’ Liability Insurance Company
Insurance News
OLDWICK, N.J. --(BUSINESS WIRE)-- A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-“ of Plans’ Liability Insurance Company (headquartered in Oakbrook Terrace, IL ). The outlook of these Credit Ratings (ratings) remains negative. Concurrently, A.M. Best has withdrawn the ratings as the company has requested to no longer participate in A.M. Best’s interactive rating process. The rating affirmations reflect the company’s solid, yet Read the full story
CURRENCIES
The IMF praises the euro, yuan and yen and criticizes the undervalued dollar
29-07-2017 12:00 PM Readers Baghdad News -
WASHINGTON (Reuters)
The United States dollar is overvalued by 10 to 20 percent on the fundamentals of the US economy in the short term, while the euro, the Japanese yen and the yuan are broadly in line with fundamentals, the International Monetary Fund said on Friday.
The external sector report of the IMF, an annual assessment of currencies, surpluses and external deficits in major economies, showed that the current external account deficit was more concentrated in certain advanced economies such as the United States, while surpluses persisted in China and Germany.
While the report said the value of the euro was appropriate for the entire European currency, he said the real exchange rate was also 10 to 20 percent lower than the German economy's fundamentals, with the large current account surplus.
At the same time, the IMF considered the value of the pound as over 15 percent as compared to the fundamentals, which include a high level of uncertainty about Britain's trade relationship with the EU after the break-up.
The IMF said the dollar's appreciation in recent years was based on relatively stronger expectations of growth and variability in monetary policy between the euro zone and Japan, as well as expectations of more financial stimulus from the administration of US President Donald Trump.
The IMF recommended that the US authorities adopt steps to reduce the current account deficit, which is still very large by reducing the federal budget deficit and implementing structural reforms to increase the rate of savings and improve the productivity of the economy.
China's current account surplus is growing again after falling in 2015 and 2016 and needs to fall, the report said.
The report found that the IMF considers the value of both the Mexican currency (peso) and the South Korean currency (wun) to be less than 5 to 15 percent lower than the economic fundamentals of the two countries.
The IMF said it expected the Mexican peso to rise as risks of US protectionist policies dissipated, but noted that South Korea needed to stimulate domestic demand to reduce a huge current account surplus.
Dollar declines as GDP data underwhelms
The U.S. dollar was broadly lower as a combination of underwhelming U.S. data and political uncertainty kept traders biased toward the euro.
Read more: http://www.cnbc.com/2017/07/
Forex - Dollar remains broadly weaker after U.S. data
Investing.com
Investing.com
Dollar still under pressure, stuck at 13-month lows Read the full story
Pound to euro exchange rate: Sterling hovers at weekly low ahead of Eurozone update
Express
POUND sterling is continuing to hover at a weekly low after falling from a one-week high and it comes just before an update from the Eurozone. The exchange rate is currently at €1.117 after it reached €1.124 at midday on Thursday. The GBP/EUR rate jumped to its highest rate seen all week on this day but gains were short-lived. Read the full story
Surging Australian dollar makes life tough for central bankers
MarketWatch
The rally in the Australian dollar over the past month has been quite remarkable and puts the Reserve Bank of Australia in a difficult spot, according to analyst Read the full story
USA
Meet John F. Kelly, Donald Trump's new White House chief of staff
The four-star Marine general will be replacing Reince Preibus as White House chief of staff.
Read more: http://www.cnbc.com/2017/07/
Trump ready to sign Russia sanctions bill, White House says
U.S. President Donald Trump will sign legislation that imposes sanctions on Russia, the White House said on Friday.
Half the continental US is within range of latest North Korean missile test, defense experts say
Preliminary data from the launch reveals that at least half the continental U.S. would be in range of the missile tested Friday, defense experts say.
U.S. Economic Growth Rebounds, But Breaking Out Is Hard to Do
Bloomberg
Bloomberg
U.S. 2Q GDP Rises 2.6%, 1Q Revised Lower to 1.2% The U.S. economy’s second-quarter rebound puts the expansion back on its familiar, steady path more than it heralds anything new and exciting. Gross domestic product grew at a 1.9 percent annual pace for the first half, below the expansion’s 2.2 percent average rate through the end of 2016, Commerce Department figures showed Friday in Washington. Stripping out trade and inventories -- the two most volatile components of the GDP calculation -- Read the full story
California Coastal Communities Are Suing 37 Oil and Gas Companies Over Rising Sea Levels
The Inertia
The Inertia
San Mateo County, Marin County, and the city of Imperial Beach allege that the oil and gas companies in the suit have known about the dangers of climate change. Read the full story
EMERGING MARKETS
Venezuela could become first oil state to 'fully fail,' analyst warns
Venezuela is teetering on the brink of a major meltdown and a key vote on Sunday could send the country over the edge, a top commodities strategist said.
Hedge funds making risky bet on Venezuelan bonds ahead of widely condemned vote
One particular trade is in the November 2017 bond of the state-owned oil company, which faces the possibility of sanctions.
Venezuela was Latin America’s richest country and now it is in complete crisis — here’s how it fell apart
Business Insider
Business Insider
Political and economic crisis have erupted in what was once Latin America's richest country. Daily protests and an increasingly authoritarian leader threaten to transform Venezuela into a failed state. Read the full story
This Mexican stocks ETF is leaving US equities in the dust
CNBC
CNBC
U.S. equities have done great this year their Mexican counterparts have left them in the dust. Read the full story
Investors Poured Money Into EM Funds Again This Week
Barron's
Barron's
EM equity funds saw their 19th straight week of inflows. Read the full story
EM Rate Cuts Are Accelerating Reflation
Barron's
Barron's
The majority of rate cuts globally are coming from emerging market central banks. Read the full story
Emerging Market Small- And Mid-Caps Still Look Attractive
Barron's
Barron's
JPMorgan thinks investors should stick with trends that have been working. Read the full story
MIDDLE EAST
Iran foreign trade tops $29 billion
POST Online Media
Iran’s non-oil foreign trade during the four months of the current Iranian year (March 2017-18) reached $29.27 billion, indicating a 6% rise compared with last year’s corresponding period. Non-oil exports during the same period of last year hit $13.45 billion, indicating a 9.54% decline year-on-year. Imports ... Read the full story
Iraq oil pipeline comes with major environmental costs
Al-Monitor
Al-Monitor
A gas pipeline that runs from Iran to the suburbs of Baghdad has caused environmental pollution and damaged agricultural land and archaeological sites in local areas. Read the full story
Opec to meet non-Opec states to discuss weaker cuts compliance
Energy Voice
Representatives of some OPEC and non-OPEC nations will meet in Abu Dhabi on Aug. 7-8 to discuss why some of them are falling behind in their pledges to cut production, according to an OPEC statement. The meeting, co-chaired by Kuwait and Russia, will examine reasons why some countries aren’t fully implementing their cuts, it said. Some nations will argue that the independent sources used by OPEC to assess compliance overestimate their production, according to two people familiar with the matter, Read the full story
AFRICA
Zimbabwe: Govt Sinks Into Deep Fiscal Crisis
AllAfrica
THE annual budget review presented by Finance minister Patrick Chinamasa last week has not only exposed government's indiscipline in spending beyond its means, but also the lack of solutions in solving the deepening economic crisis. Chinamasa revealed government's reckless spending spree in his statement, with President Robert Mugabe's office leading the way, overspending by US$43 million, as its unsustainable budget deficit scaled almost US$1 billion in 2016. This comes as Zimbabwe's total debt Read the full story
ASIA
China mall offers 'man pod' havens for husbands wary of shopping
Reuters
Reuters
At a Shanghai mall, rows of "man pods" equipped with video games are proving a big hit, providing a refuge for hundreds of weary husbands and boyfriends as their other halves shop until they drop. Read the full story
China produces gas from ‘flammable ice’ under South China Sea
Livemint
Livemint
Shanghai: China has successfully produced natural gas from methane hydrate, also known as “flammable ice”, in an experimental project in the South China Sea, the land and resources ministry said on Saturday. Read the full story
EUROPE
The UK is on its way out, but which countries could join the EU?
HITC
As the UK prepares for Brexit there are five countries on the official candidate list for EU membership. Which are they? Read the full story
Eurozone inflation "not quite there yet" for tightening says ECB official
City A.M.
The right timing for the European Central Bank (ECB) to unwind expansionary monetary policy is “not quite there yet”, according to a top official. Inflation needs to reach a “stable trend” towards the central bank’s two per cent target before policymakers can contemplate any change in stance, according to Sabine Lautenschlaeger, an influential member of the executive board of the ECB. Consumer prices rose at an annual rate of only 1.3 per cent in the year to June, although a slight pick-up in Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Sunday July 30, 2017 did update on the indicative rates
The currency auction is 160,389,361
There is no news and announcements for Sunday, July 30, 2017
ISX Update:
Value Traded
784,584,579
Shares Traded
855,007,599
ISX ended in Green
Rafidain Bank announces the payment of salaries of employees of the Sunni Endowment in Baghdad and the provinces
Twi-light news Al-Rafidain Bank on Saturday announced the disbursement of salaries of employees of the Sunni Endowment in Baghdad and the provinces.
The bank's media office said in a statement that the bank had paid the salaries of employees of the Sunni Endowment Bureau and its other branches as well as the departments of several provinces of Wasit, Maysan and Muthanna after the arrival of their sukuk. .
Kauaihn Chatter:
7-30-2017 Intel Guru 12thman Received a call this morning...saying this will go into mid August maybe September if certain things keep dragging. Wealth manager said sorry for getting hopes up. He too was on stand by... Will post if anything comes my way. Please don't get down because we are closer than ever and with each day more is given to us.
7-30-2017 Newshound Guru MilitiaMan Article: "The law of the National Oil Company will be ready to vote in the coming weeks" The head line is not the main point imo. It is the last two paragraphs that suggest they are having a meeting next week. That could be Sunday [7-30-17]. They say they have large acceptability in the house. I bet the pressure has come to a boiling point and there is no way in world they'll kick this can into months or even weeks. Large acceptability is a majority. imo We read they came to a calculation for oil. They used (44,4) and another (8,000 dinars per barrel) in the article. So if oil is average $44.4 a barrel and it costs $8 to extract then they can budget for it. Like they just passed the 2017 and Supplemental for 2018 if I read that correctly...
7-30-2017 Newshound Guru MilitiaMan Article: "The law of the National Oil Company will be ready to vote in the coming weeks" The head line is not the main point imo. It is the last two paragraphs that suggest they are having a meeting next week. That could be Sunday [7-30-17]. They say they have large acceptability in the house. I bet the pressure has come to a boiling point and there is no way in world they'll kick this can into months or even weeks. Large acceptability is a majority. imo We read they came to a calculation for oil. They used (44,4) and another (8,000 dinars per barrel) in the article. So if oil is average $44.4 a barrel and it costs $8 to extract then they can budget for it. Like they just passed the 2017 and Supplemental for 2018 if I read that correctly...
7-29-2017 Newshound Guru Aggiedad77 Article: "The law of the National Oil Company will be ready to vote in the coming weeks" Can you smell that money...I mean oil...it's coming...the HCL...for the citizens...for the world...for us...IMO...the BEST is coming.
7-29-2017 Intel Guru Bluwolf Main Source is informing me to tell all that we are in the highest of alerts ever. And that the number we are waiting for is to be imminently released.
7-29-2017 Newshound/Intel Guru Mnt Goat So what’s the big deal about Article 140 and Article 120 anyhow? Why is it so important for the KRG to implement it? The constitution must be “fully” implemented to get out of sanctions. The answer to the problems lie in all the oil revenue generated from Kurkuk. There is plenty of nice rich oil in the region. The KRG wants it included under the KRG region. Then they want a percentage of the revenue generated from this oil to care for the people in it. So far, do to lack of a census, the GOI can not determine how much $$$ to include in the payout. This delay is due to the refugees pouring into this region. So the KRG is now saying they will come up with some kind of formula, but the constitution Article 140 and 120 will be implemented one way or the another. [post 2 of 2]
7-29-2017 Newshound/Intel Guru Mnt Goat Article: "Iraqi government says it cannot implement Article 140 of Constitution" HCL and Article 140 implementation...what is the real status on these? This article is proof...that...all ...who say that Article 140 has been all done for quite some time...are wrong... As I showed you in past articles HCL was passed thru the cabinet but not parliament. Parliament kicked it back to the cabinet for changes, it then when back to the house after the changes and there is sits for a final vote. They keep telling us about the urgency and even have given past target dates for the vote, but it never goes anywhere. ...the required census needed to implement Article 140 is late. It was supposed to be done already in 2007. [post 1 of 2....stay tuned]
7-29-2017 Newshound/Intel Guru Mnt Goat Article: "Iraqi government says it cannot implement Article 140 of Constitution" HCL and Article 140 implementation...what is the real status on these? This article is proof...that...all ...who say that Article 140 has been all done for quite some time...are wrong... As I showed you in past articles HCL was passed thru the cabinet but not parliament. Parliament kicked it back to the cabinet for changes, it then when back to the house after the changes and there is sits for a final vote. They keep telling us about the urgency and even have given past target dates for the vote, but it never goes anywhere. ...the required census needed to implement Article 140 is late. It was supposed to be done already in 2007. [post 1 of 2....stay tuned]7-29-2017 Intel Guru Bluwolf Main Source is informing me to tell all that we are in the highest of alerts ever. And that the number we are waiting for is to be imminently released.
7-29-2017 Newshound/Intel Guru Mnt Goat So what’s the big deal about Article 140 and Article 120 anyhow? Why is it so important for the KRG to implement it? The constitution must be “fully” implemented to get out of sanctions. The answer to the problems lie in all the oil revenue generated from Kurkuk. There is plenty of nice rich oil in the region. The KRG wants it included under the KRG region. Then they want a percentage of the revenue generated from this oil to care for the people in it. So far, do to lack of a census, the GOI can not determine how much $$$ to include in the payout. This delay is due to the refugees pouring into this region. So the KRG is now saying they will come up with some kind of formula, but the constitution Article 140 and 120 will be implemented one way or the another. [post 2 of 2]
7-29-2017 Newshound/Intel Guru Mnt Goat Article: "Iraqi government says it cannot implement Article 140 of Constitution" HCL and Article 140 implementation...what is the real status on these? This article is proof...that...all ...who say that Article 140 has been all done for quite some time...are wrong... As I showed you in past articles HCL was passed thru the cabinet but not parliament. Parliament kicked it back to the cabinet for changes, it then when back to the house after the changes and there is sits for a final vote. They keep telling us about the urgency and even have given past target dates for the vote, but it never goes anywhere. ...the required census needed to implement Article 140 is late. It was supposed to be done already in 2007. [post 1 of 2....stay tuned]
7-29-2017 Intel Guru RayRen98 [Is it possible we are still many months from RV?] No one can guarantee when this will happen, because we don’t know. We know what the information indicates, but no one can say with out a doubt “it will happen on X day”, until X day arrives. [What do you think they mean by ‘the coming days’?] Nobody knows for sure, but it would seem that ‘the coming days’ means between now and 1. August, because it appears there is a deadline with the IMF. In the past, some things have been apparently set in stone, but then they change the stone! Nobody knows for sure! [Do you still think we will be making appointments by 1. August?] I think it is possible to be finalized by then, according to the information we’re hearing.
7-29-2017 Newshound Guru chattels The continuing conflict with DAESH could again postpone the April 2018 election. Not to mention the continuing postponements of amendments to the election law by Parliament. On the other hand I have been thinking that the proximity of success against DAESH with the next elections in Iraq may be very helpful to Abadi.
7-29-2017 Intel/Newshound Guru tman23 Article quote: "In his visit to Moscow this week, Iraqi Vice President Nuri Al-Maliki peddled what he presented as his big idea: inviting Russia to build “a significant presence’ in Iraq to counter-balance that of the United States." ...as Rudaw news stated ...Maliki holds an immense amount of power in Iraq AND he controls Parliament... So his running to Russia ahead of upcoming elections is no surprise... AND the Kurds seeking independence vote before Iraq elections is crucial AND is not hard to speculate why! As Barzani stated, if Maliki becomes Prime Minister again or is the proxy to such...Then ADIOS! Maliki doesn't need to be a candidate...he only needs someone he owns to become the PM. ...I posted a few months ago on Maliki and becoming PM again...a few days later Oliver North was on Fox and discussed the issue and said it was a GREAT CONCERN...
7-29-2017 Newshound Guru Aggiedad77 ...they so appear ready...poised...and even anxious to do what is expected of them...to do what their people need...what the world is looking for...prayerfully they use all this momentum to jump with warp speed into a new arena of world economics for the betterment of all mankind from their actions.
Elmer:
Not in today
Artmeister:
Highest Alert" - Bluwolf Intel Tidbit 7-29-17
BLUWOLF TIDBIT, 29 JULY
Main Source is informing me to tell all that we are in the highest of alerts ever. And that the number we are waiting for is to be imminently released.
Na'maste Bluwolf: ¡ We who speaks the truth !
Main Source is informing me to tell all that we are in the highest of alerts ever. And that the number we are waiting for is to be imminently released.
Na'maste Bluwolf: ¡ We who speaks the truth !
Catnip:
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider al-Abadi issues a decree ordering the allocation of land plots in good residential sites to the families of the heroes who were martyred in the battle against terrorism
29 July 2017
The Prime Minister, Dr. Haider Abadi, issued a decree ordering the allocation of land in the residential sites of the families of the heroes who were martyred in the face of terrorism and the liberation battles of the Daheshi and the armed forces and security of all kinds, and popular mobilization, and volunteers from the tribal crowd and the Peshmerga, and the disabled who participated in those battles, Unable to work.
The Prime Minister issued the Diwani order as an expression of loyalty to the victory makers, who contributed to the elimination of gangs and the encouragement of terror and the liberation of our beloved lands, the latest of which was the city of Mosul, which issued the directives of religious authority.
The ministries of finance, reconstruction, housing, municipalities and public works (the Municipality of Baghdad and local governments) will create plots of land of 200 square meters each in good residential areas within the municipal boundaries of the administrative units.
The land is allocated after providing it within the basic designs adopted in each administrative unit according to the place of residence of the family of the martyr or the disabled according to the housing card and by drawing lots between the covered.
The National Council for Housing will follow up the implementation of the above and put the necessary mechanisms for this and provide the infrastructure in coordination with the specialized companies, and complete the completion of all the stages required by the subject and coordination with the Martyrs and Ministries and other concerned parties to complete the task, to be detailed instructions and recommendations on the subject for the purpose Submitted to the Council of Ministers no later than 20 - 8 - 2017
It was also directed that the concerned parties complete their procedures in the process of providing plots of land and allocation of housing no later than 1-11 -2017 and the relevant authorities to provide loans from specialized banks to build housing units covered by this matter, and is to proceed immediately and form teams by The concerned executive bodies are dedicated to completing their work tasks under the specified time limits.
Media Office of the Prime Minister
29-Oct-2017 (should have translated as 29-July-2017)
The Prime Minister, Dr. Haider Abadi, issued a decree ordering the allocation of land in the residential sites of the families of the heroes who were martyred in the face of terrorism and the liberation battles of the Daheshi and the armed forces and security of all kinds, and popular mobilization, and volunteers from the tribal crowd and the Peshmerga, and the disabled who participated in those battles, Unable to work.
The Prime Minister issued the Diwani order as an expression of loyalty to the victory makers, who contributed to the elimination of gangs and the encouragement of terror and the liberation of our beloved lands, the latest of which was the city of Mosul, which issued the directives of religious authority.
The ministries of finance, reconstruction, housing, municipalities and public works (the Municipality of Baghdad and local governments) will create plots of land of 200 square meters each in good residential areas within the municipal boundaries of the administrative units.
The land is allocated after providing it within the basic designs adopted in each administrative unit according to the place of residence of the family of the martyr or the disabled according to the housing card and by drawing lots between the covered.
The National Council for Housing will follow up the implementation of the above and put the necessary mechanisms for this and provide the infrastructure in coordination with the specialized companies, and complete the completion of all the stages required by the subject and coordination with the Martyrs and Ministries and other concerned parties to complete the task, to be detailed instructions and recommendations on the subject for the purpose Submitted to the Council of Ministers no later than 20 - 8 - 2017
It was also directed that the concerned parties complete their procedures in the process of providing plots of land and allocation of housing no later than 1-11 -2017 and the relevant authorities to provide loans from specialized banks to build housing units covered by this matter, and is to proceed immediately and form teams by The concerned executive bodies are dedicated to completing their work tasks under the specified time limits.
Media Office of the Prime Minister
29-Oct-2017 (should have translated as 29-July-2017)
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ARTICLE 2
Integrity: Cabinet approved the law on graft
2017/7/30 10:24
[Ayna-Baghdad]
The Integrity Commission announced the approval of the Council of Ministers on the law of the law of illicit gain proposed by "noting that" the draft law was referred to the State Consultative Council; for the purpose of audit as appropriate. "
The Integrity Commission announced the approval of the Council of Ministers on the law of the law of illicit gain proposed by "noting that" the draft law was referred to the State Consultative Council; for the purpose of audit as appropriate. "
The agency said in a statement today received the agency of all Iraq [where] a copy of it that "the bill will be returned after being audited by the State Consultative Council to the General Secretariat of the Council of Ministers, which will refer him to the House of Representatives; to submit to vote," pointing out that " The proposal of this draft law was to indicate the offenses and criminal acts associated with the financial recognition of the persons charged with this duty, which was determined by the law of the executive body No. 30 of 2011.
"The bill, which was drafted by the Board, set penalties or penalties for any act, offense or violation committed by those charged with the duty to disclose financial disclosure, while expanding the categories covered to include a larger number of taxpayers who considered the importance of their coverage, Clear and specific time limits for the taxpayer's disclosure form. "
According to the statement of integrity, article 8 of the proposed draft law states: "Any person who deliberately conceals information required in the form shall submit a false information that has been proven to have an illicit interest relationship. Article 11/1 states that" A criminal case by the Commission against each accused of committing one of the crimes provided for in this law. "
The Commission cited the reasons for the positive draft law as "to protect public funds and to subject those who exploit their jobs to illicit enrichment to legal accountability".
In response to the requirements of the United Nations Convention against Corruption, which was signed by Iraq under Law No. 35 of 2007, article 20 of which states: "Each State Party shall, subject to its Constitution and the fundamental principles of its legal system, Legislative and other measures are required to criminalize the unlawful enrichment by a public official of any excess of his assets which he can not reasonably explain in relation to his legitimate income ".
"The bill, which was drafted by the Board, set penalties or penalties for any act, offense or violation committed by those charged with the duty to disclose financial disclosure, while expanding the categories covered to include a larger number of taxpayers who considered the importance of their coverage, Clear and specific time limits for the taxpayer's disclosure form. "
According to the statement of integrity, article 8 of the proposed draft law states: "Any person who deliberately conceals information required in the form shall submit a false information that has been proven to have an illicit interest relationship. Article 11/1 states that" A criminal case by the Commission against each accused of committing one of the crimes provided for in this law. "
The Commission cited the reasons for the positive draft law as "to protect public funds and to subject those who exploit their jobs to illicit enrichment to legal accountability".
In response to the requirements of the United Nations Convention against Corruption, which was signed by Iraq under Law No. 35 of 2007, article 20 of which states: "Each State Party shall, subject to its Constitution and the fundamental principles of its legal system, Legislative and other measures are required to criminalize the unlawful enrichment by a public official of any excess of his assets which he can not reasonably explain in relation to his legitimate income ".
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ARTICLE 3
Approval of the Ministry of Finance to launch 10 billion dinars for major projects in Baghdad
BAGHDAD, July 29 (KUNA) - The head of Baghdad's provincial council, Riad al-Adadh, said on Saturday that "many service projects in the capital Baghdad have stopped because of the lack of financial allocations allocated to them."
"After many communications, the Ministry of Finance approved the launch of 10 billion dinars from the allocations of the province," he said, adding that "the money will be allocated to the main projects in Baghdad for the infrastructure, including the Husseiniyah water project and the Council seeks to complete all the projects stalled." AH
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ARTICLE 4
Sadr visits Saudi Arabia
2017/7/30 13:01
[Ayna-Baghdad]
The leader of the Sadrist movement, Moqtada al-Sadr, on Sunday to Saudi Arabia at the official invitation of them.
The leader of the Sadrist movement, Moqtada al-Sadr, on Sunday to Saudi Arabia at the official invitation of them.
The visit is the first visit to Saudi Arabia after Prince Mohammed bin Salman took over the crown prince earlier this month.
Saudi Arabia and its allies from Egypt, the United Arab Emirates and Bahrain have been boycotting Qatar since June 5, accusing it of financing terrorism, which Doha denies.
Saudi Arabia and its allies from Egypt, the United Arab Emirates and Bahrain have been boycotting Qatar since June 5, accusing it of financing terrorism, which Doha denies.
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ARTICLE 5
Shelling sites near the Syrian-Syrian border and the destruction of the add-in village "Islamm"
NINEWA, Iraq, July 29 (UPI) - The Iraqi Army's information media said on Saturday that "the 1st Brigade forces in the popular crowd responded on Saturday to the fire of a pre-emptive organization in the Iraqi-Syrian border and caused direct casualties.
"The first brigade in the popular crowd responded to the fire in the Iraqi-Syrian border and caused direct casualties at the heart of the extremist organization," it said.
A force of the 33rd Brigade was able to destroy the elements of the organization "Daash" in the village of Islama, southwest of the Nineveh Desert, supported by the brigade and in cooperation with the artillery of the crowd, destroying the additive and killing 14 elements of the organization and the burning of two wheels and a motorcycle. AH
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ARTICLE 6
Arab World wins the title of the beauty of the world
2017/7/29 16:16
[Ayna-Follow]
Egyptian youngster Mostafa Galal Al Azali won the 2017 World King of the World title during a competition in the Philippines with 27 contestants.
Egyptian youngster Mostafa Galal Al Azali won the 2017 World King of the World title during a competition in the Philippines with 27 contestants.
Al-Azali, 26, is a graduate of Commerce from the University of Alexandria and managed to beat dozens of competitors who came to the Philippine city of Pasay to win the title.
The second place was for the Vietnamese Nguyen Ho Long, while Waseem Suhayun won the third place.
Al-Azali said on his official Facebook page that he won the title thanks to his friends, friends and fans who supported him. "Thanks to the Philippines for making my dream come true."
The second place was for the Vietnamese Nguyen Ho Long, while Waseem Suhayun won the third place.
Al-Azali said on his official Facebook page that he won the title thanks to his friends, friends and fans who supported him. "Thanks to the Philippines for making my dream come true."
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ARTICLE 7
Nutrients benefit the digestive system
2017/7/29 17:08
[Ayna-Follow]
NEW YORK (Reuters Health) - Eating a diet rich in walnuts is a major contributor to the health and safety of the digestive system, according to a recent US study.
NEW YORK (Reuters Health) - Eating a diet rich in walnuts is a major contributor to the health and safety of the digestive system, according to a recent US study.
The study was conducted by researchers at the University of Louisiana, in collaboration with the American Institute for Research on Cancer.
The first team fed a walnut equivalent to about 60 grams per day, while the other group did not eat walnuts. The study lasted for up to ten weeks.
The researchers found that the group that took the nut has seen a significant increase in beneficial intestinal bacteria that play a role in the health of the digestive system.
The beneficial intestinal bacteria play a role in the absorption of certain nutrients, and the biological balance between the different bacterial strains that settle in the intestines.
The first team fed a walnut equivalent to about 60 grams per day, while the other group did not eat walnuts. The study lasted for up to ten weeks.
The researchers found that the group that took the nut has seen a significant increase in beneficial intestinal bacteria that play a role in the health of the digestive system.
The beneficial intestinal bacteria play a role in the absorption of certain nutrients, and the biological balance between the different bacterial strains that settle in the intestines.
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