Thursday, July 6, 2017

Word on the Street Thursday 7/6/17

Word on the Street Thursday 7/6/17

 

Word on the Street Thursday 7/6/17:
TNT CONFERENCE CALL WEDNESDAY 7/5/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Wednesday Hump Day. To get on the way with Info and good info. From Monday we were addressing the Celebration and just no announcement of the liberation of Mousl. Reports of CBI one to one. Approval of ration card at 1000 dinar but the approval happened and at the program rate in USD equals 80 plus cents give or take. If it is one to one that is a big difference and waiting to hear from recipients and start putting 2 and 2 together. In addition to that US news, is projecting Mosul will be completed by the end of the week and Iraq saying less than a square kilometer remains. Other interesting info on the US side, memos are circulating from the US banking system again.I got responses from members and banks told them how do you know that. They received something that is exciting them. They are hush hush and received several reports over 4th of July putting banking community on notice for sometime this week. Q and A: Q: You referenced the ZIM being a bond note in your discussion and mentioned 4 things millionaires do. Is it a bond or a currency. Ray: The session was not about the ZIM. I am not saying it is a bond or currency. I know it is a piece of paper that represents a dead currency right now. When you show up at the bank, we will find out. I am just sitting back waiting to see what happens with the ZIM. Everything remains to be seen. Q: How is the payout for a bond different from a currency exchange. Ray: They remains to be determined. Q: If we take a contract rate before the meeting, do you think we will have some chance to redo the perks. Shoud we do the rate first and then all the perks?. Ray: If perks based on money left at bank you can do that at a later time depending on the contract or arrangement you make. You will have to wait and see what is being put on the table. I don't have anything factual of this yet. Q: Do you stilll be we are 10 for 10 for this week? Ray: yes Q: When I go to the bank should I be concerned with the code on the currency? Ray: They know what you want when you come in the. We are not getting caught up on IQD and IQN. It is Iraq Dinar and that is what we will discuss. Q: I have been informed of the following a paymaster was told by his attorney tell how many currencies you have but don't mention ZIM as currency but as bonds. Ray: That is possible, just say you have ZIM then what will the banker come back with are we hold ZIM currency or bonds. Q: I am confused about the liberation of Mosul. I thought Abadi already made the announcement. How official does it have to be. Ray: He did not make the official announcement yet.Until he says it, it is not so. It must be true, since we are looking for national reconciliation and reforms and that has not kicked in yet either. Q: Have you recieved anything about 800 number distribution. Ray: No, I am not concerned since you will have many plans of exchanging. Callers: Catnip: You didn't tweet about what to expect on the call is it no news? Ray: I did send out the tweet. Catnip: I did not see that on the board. Ray: You are right, I got distracted and never posted it on the board. Catnip: With all going on, I would like to follow up on a quesion about the Abadi statement of the liberation of Mosul. What I am finding intriguing is the wording in American and British press where Abadi speaking in Arabic and it has different meaning. Each story varies and did the speech on the 3 year anniversary on June 29th. Now we have Abadi speaking in western garb and if that was a time frame if following Kuwait and 10 day time frame, what are we needing to look for Mosul is not liberated till I say so. What are we really looking for? Ray: All they can say it is done it is done. Other things are hinged on when he says its over. He might wait untill all the area is liberated, and he may finally come out and say that. Things are happening around that announcement, and I don't have any official info stating that. Catnip: So we watch and wait in the middle of July. Caller: 805 On you last call you mentioned an institution or website quoting one to one ratio. Can you elaborate? Ray:It was said that someone watching the ISX is seeing 1 to 1 on dinar to the dollar. Caller: I went to the bank and Kuwait showing over $3.00. Ray: Yes that value has been out for quite some time. Caller: If the Vietnamese Dong comes out and stays the same it makes sense to sign a contract rate. Ray: If there is a contract rate, I would get rid of all of it. Ray's Wrap up: I don't have anthing else to say. This is a wait and see situation.I am waiting to hear back from citizens over in Iraq. Ration cards have they started distributing them, and what can you buy with them unless they are more than .80 cents?Time will tell. The only thing we are waiting for is when will it kick in or did it kick in. The first ones to let us know, when we find out you will find out. The question today is what do you Believe? I know what I Believe! How about you? Rayren98
 
 
Forex Rates
 
 
 
Symbol Bid Ask High Low Open Change Time
 USD/IQD   1,141.2000   1,194.0000  1,141.2000  1,138.1000  1,138.1000   3.1000  07:13
 USD/VND   22,382.0000   23,086.0000  22,742.0000  22,336.0000  22,336.0000   46.0000  07:13
 USD/CNY   6.8017   6.8030  6.8068  6.7784  6.8010   0.0007  07:13
 USD/KWD   0.3028   0.3038  0.3028  0.3028  0.3028   0.0000  02:45
 GBP/USD   1.2949   1.2950  1.2971  1.2918  1.2929   0.0020  07:14
 USD/IRR   12,048.0000   12,428.0000  12,048.0000  12,048.0000  12,048.0000   0.0000  17:51
 USD/IDR   13,403.0000   13,417.5000  13,403.0000  13,353.0000  13,362.0000   41.0000  07:10
 
 
 
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DC NY Iraq Articles:ddd

The joint operations deny the date of declaring victory and confirm that Abadi is the one who will announce it

Editorial date: 2017/7/5 22:24133 times read
 
{Baghdad: Al Furat News} Joint operations said that the security forces continue to advance the liberation of the old city on the right side of the city of Mosul.
A statement of the military information, received by the agency {Euphrates News}, a copy of it, "the Joint Operations Command denies what is being traded for a date to declare victory over the gangs of terrorist Da'ash."
He pointed out that "our heroine units continue to progress until the liberation of the remaining parts of the old Mosul will be announced the full liberation of the Mosul by the commander-in-chief of the armed forces."

Iran re-launches water to Kurdistan and denies it for political reasons

Date of release: 2017/7/5 12:5451 times read
The governor of the city of Sardasht, northwest Iran, Ahmadinejad Jahani said that two days after the filling of the dam Sardasht water on the river Zab border with Iraq, there were problems in providing drinking water and agriculture to the city of Qalqat Dizah in the Kurdistan region of Iraq, .
"The problem of providing water in this city in Iraqi Kurdistan has been transferred to the governorate officials through the Iranian consulate in Erbil," Ahmadinejad said in a press statement.
"The Sardasht dam was built in accordance with international laws, but besides that, Iranian officials are keen to provide drinking water and agriculture to the Kurdistan region of Iraq," he said.
"Some interpreted the filling of the dam as a political issue, but this is a technical issue," he said, referring to Iran's opposition to the KRG's plan to organize a referendum on independence from Iraq.
"There is no political intention behind this issue," he said, adding that "officials in the country care about the extent of the Iraqi Kurdistan region's officials on internal humanitarian issues and on the other side of the border.

Seven years in prison for directors of public integrity

Date of release: 2017/7/5 12:32159 times read
 
{Baghdad: Al Furat News} The Integrity Criminal Court sentenced seven directors of the Integrity Commission to seven years in prison on charges of damaging public money.
"The Criminal Court of Integrity in Rusafa issued a sentence against two former directors-general of the Integrity Commission for seven years," the Supreme Judicial Council's spokesman, Judge Abdul Sattar Birqdar, said in a statement received by the Euphrates News Agency.
He added that "the court issued its decision based on the provisions of Article 340 of the Iraqi Penal Code for the crime of harming public money."
"The verdict is absent because they are fugitives and arrest warrants have been issued against them and is subject to a discriminatory challenge according to the Code of Criminal

Infallible: It is necessary to determine how to deal with the crowd after the stage of urging

 
Editorial date: 2017/7/5 11:53115 times read
 
(Baghdad: Al-Furat News) President Fuad Masum stressed on how to deal with the popular crowd after the phase of the elimination of terrorist gangs.
"In the beginning, the presence of the popular crowd was necessary, because Baghdad and many cities are threatened by terrorist groups, and in such cases there is a public national uprising, and this is happening in any country facing threats," Masoum said in a newspaper interview.
He pointed to "the fatwa of the supreme religious authority, Imam Ali al-Sistani," and the religious references demanded to carry arms to those who are able to carry it and issued a decision to organize the work. "
He stressed Masoum "after the elimination of an advocate, to discuss the issue (the crowd) again and determine how to deal with the popular crowd."
"Despite the entry of groups offensive to the popular crowd, but it has a role now, and gave many martyrs in the battle of Mosul and others."
The comments by the president, published today in the Saudi newspaper, came a day after Prime Minister Haider al-Abadi called for the dissolution of the popular rally "foreign intelligence work"
"All that is raised about dissolving the popular crowd or weakening it is lies and the work of international intelligence," Abbadi said at his weekly press conference on Tuesday. "We are keen to remove the security forces in all their forms from political action and warn against politicizing the security forces. Homeland and state sovereignty. "
Procedure."

Integrity calls on state institutions to cooperate in controlling the high-ranking criminals with the famous crime

 
Release Date: 2017/7/5 11:2676 times scheduled
 
(Baghdad: Al-Furat News) The head of the Integrity Commission, Hassan al-Yasiri called on all state institutions to cooperate with the Commission in the process of arresting senior corrupt officials of the crime, regardless of their positions and official positions.
The Yasiri said according to a statement of the body meets the agency {Euphrates News} a copy of it to the absence of red lines for any of those officials.
Al-Yasiri expressed his "readiness to provide all the guarantees to its collaborators and to deal with the utmost secrecy with regard to the sources of information it will receive."
On 20 June, the Integrity Commission announced that it had obtained the approval of the Supreme Judicial Council to publish the names of those convicted under absentee sentences.

Al-Samarrai: We are still in the first steps of the "Year"

Editorial date:2017/7/5 10:3087 times scheduled
 
(Baghdad: Al-Furat News) MP Mutashar al-Samarrai, said Tuesday, that the conference "year" is still in the first steps around supporters and opponents.
Al-Samarrai said during an interview with Al-Furat satellite channel in the program {boldly}, that "all Iraqis abroad and inside the participating in the political process and the opponent say that the situation is not only pleased enemies, and the policy was wrong and in the search for solutions must look at the real reality, Countries".
He added, "We are still in the first steps of objecting and supports the conference," noting "today when the objection to the convening of the conference in Baghdad, has been held abroad and were accused of (conspirators) conspiracy."
Al-Samarrai continued, "We call for holding the conference and one conference until we reach solutions."
It is scheduled to witness the capital Baghdad in mid-July, held a "conference of the year" in the presence of political figures and leaders.
The head of the {Arab project in Iraq} Khamis Khanjar, withdrew from the "conference of the year" to be held in the capital Baghdad to form a political reference Sunni in Iraq, according to MP Mishaan Jubouri.
"If there is a judicial order against someone and comes to Iraq, he must surrender himself to the authorities," Prime Minister Haider al-Abadi told the conference. "We informed the political forces that we refused to hold foreign conferences and informed the host countries."
"We have expressed our rejection of any political conference held outside Iraq under the auspices of the intelligence of a foreign country, and that holding conferences in the form of components, whether Sunni or Shiite, is backward, either, but some politicians want him a place to occupy his sect." As long as it works according to the law and will not be dragged into axes of division or discrimination. "
 
 
Kauaihn Iraq Articles:

Canada confiscates a shipment of oil from the region at the request of Baghdad

Editorial Date: 2017/7/4 23:46261 times read
 
The Federal Court of Canada ordered the confiscation of a shipment of crude oil volume 721 thousand, and 915 barrels sold by the Kurdistan region aboard the tanker "Neverland" at the request of the Ministry of Oil.
The oil ministry has filed suit against Vitol Commodity Trading and its subsidiaries, including Mansell Limited, which is chartered to the carrier, and Vinnaval Spa de Navision, owner of the tanker, for $ 32.5 million. According to Reuters.
Iraq alleges that the shipment was illegally seized by the KRG and sold to Vitol for being loaded onto Neverland.
The Bloomberg International reported on June 23 that a tanker carrying oil from the Kurdistan region sailed to the US coast for the first time in three years.
The agency said that the tanker {Efremax Neverland}, which usually carry about 650 thousand barrels emerged from the Mediterranean two days ago, and had left a week ago, the port of Ceyhan in southern Turkey, where shipments of oil in the Kurdistan region by traders.
The routes of the Neversland appear to be heading towards the east coast of the United States, although it can still change direction because it has not given final navigation instructions
 
 
More than 3,000 asylum seekers from Iraq and Syria are awaiting investigation in Germany

 
05-07-2017 12:48 PM
The Euphrates -
Media reports confirmed that the German states have not yet been able to verify the identities of 3638 asylum seekers Syrian and Iraqi. According to media sources, the staff did not verify the identity of applicants for asylum and only completed questionnaires on their identities.
The German Immigration and Refugee Board (BAMF) said that the identification of this group of asylum seekers was risky because the agency's staff did not verify the identity of applicants directly by talking to applicants, but simply filling out a questionnaire on their identities.
For its part, a spokeswoman for the Commission in response to a question in this regard from the German news agency (DPA) the need to finish and retroactive registration of those who submitted in 2015 applications for asylum. She confirmed that the German states informed her last year that she is restricting the names of all applicants, but the German states have recently confirmed that the names of all refugees were not listed.
In June, the Panel acknowledged that, contrary to previous data, it had not taken the fingerprints of all asylum seekers in Germany and their photographs, and that they were supposed to complete registration procedures later

Meeting of the Presidency of the Council of Representatives with the heads of parliamentary blocs and committees

 
 
01:35 PM   BAGHDAD /
The Presidency of the Council of Representatives met on Wednesday with heads of parliamentary blocs and committees to discuss several issues, including the liberation of Mosul and the interrogations of officials.
"The Presidency of the House of Representatives met with the heads of committees and representatives of parliamentary blocs, in the Constitutional Hall under the dome of Parliament," pointing out, "in the presence of Parliament Speaker Salim al-Jubouri and his deputies Hammam Hamoudi and Aram Sheikh Mohammed."

He added that "the meeting came to discuss and discuss several issues, first and foremost to keep pace with the victories achieved in the operations of the liberation of Mosul."
He said, "and discuss the organization of the conduct of meetings and the presentation of topics and important files, including the legislative calendar and interviews of officials and verbal questions and the performance of oversight in this new legislative chapter."
The House of Representatives held on Tuesday, the first meeting in the new legislative term, headed by the President of the Council, Salim Jubouri.
The council ended the first reading of the draft international land transport laws and civil printing presses. However, he postponed the oath of the oath of law for Furat al-Shara as an alternative to former MP Mohammed al-Tai, raising his meeting to next Thursday.

An Iraqi journalist appears three years after the rumors of his execution

Baghdad Baraa al - Shammari
5 July 2017
تفاجأ الوسط الإعلامي العراقي بعودة الصحافي عادل الصائغ، بعد ثلاث سنوات من تداول أخبار حول إعدامه من قبل تنظيم "داعش"، إذ كتب الصائغ، أمس الثلاثاء، على موقع "فيسبوك" "لا إله إلا انت سبحانك إني كنت من الظالمين... قدر الله وما شاء فعل". The Iraqi Media Center was surprised by the return of journalist Adel Al-Sayegh, after three years of news about his execution by the "Daqash" organization. The jeweler wrote on Tuesday on Facebook that "I have no god but you. God and what he will do. "
وبدأ الصحافي الذي عمل في "تلفزيون صلاح الدين" بتلقي التهانئ لعودته سالماً، علماً أن منشوره الأخير على الموقع يعود إلى 22 ديسمبر/كانون الأول عام 2014، قبل انتشار خبر اعتقاله من قبل عناصر "داعش" ، ثم تداول أنباء عن قيام التنظيم بإعدامه بساحةٍ عامة في وسط الموصل، وقد تقدم أصدقاؤه وأقاربه بالتعازي لذويه حينها. The journalist who worked for Saladin TV began to receive congratulations for his safe return. His last publication on the website was dated December 22, 2014, before the news of his arrest was published by the "Daash" elements. General in the center of Mosul, and his friends and relatives may offer condolences to his family at the time.
ولم يوضح الصائغ إلى الآن ملابسات اختفائه وعودته. The jeweler has not yet explained the circumstances of his disappearance and return.
An Iraqi journalist appears three years after the rumors of his execution
Baghdad Baraa al - Shammari
5 July 2017

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The Iraqi Media Center was surprised by the return of journalist Adel Al-Sayegh, after three years of news about his execution by the "Daqash" organization. The jeweler wrote on Tuesday on Facebook that "I have no god but you. God and what he will do. "

The journalist who worked for Saladin TV began to receive congratulations for his safe return. His last publication on the website was dated December 22, 2014, before the news of his arrest was published by the "Daash" elements. General in the center of Mosul, and his friends and relatives may offer condolences to his family at the time.

The jeweler has not yet explained the circumstances of his disappearance and return
.
BAGHDAD /
Deputy Prime Minister Haidar al-Abadi, Jassem Mohammad Jaafar, revealed on Wednesday that the most important conditions for Abadi to agree to the conference of Sunni forces is to have a unified conference and raise all the problems of components.
 


"The prime minister and the National Alliance have agreed that the conference will be a unified year in which all the problems of Iraq will be presented, not a component without another component," Jaafar said. "It is not in Iraq's interest after the liberation of Mosul. We go to the plug issue. "
He pointed out that "if there is a conference in Baghdad for the year is entitled to participate for those who have the right, but on condition that the problem of Iraq, the entire Sunni, Shiites, Kurds, Turkmen and Christ and this is the prime minister's condition," noting that "either some of the characters required for the judiciary, Some figures can be retried by judges. "
 
 
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GLOBAL/NEWS/INFO
 
Billionaire founders share their No. 1 secret on how to succeed on your own
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Where Plastic is Fantastic: The World's Cosmetic Surgery Capitals
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From Tehran to Taipei and Beirut to Brazil, the $20 billion global cosmetic surgery industry is quite literally changing the way the world looks. Read the full story
 
IMF warns G20 over protectionism in veiled criticism of Trump
Narrowly pursuing national interests could damage all countries, lender says before Hamburg meeting on Friday
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OIL / COMMODITIES /ENERGY
 
 
Shale Plays Rejuvenating Yet Discordant Tune for American Oil and Gas
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Oil retreats after bull run, on rising OPEC exports, strong dollar
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Crude oil sinks after Russia rules out further production cuts
MarketWatch
Crude oil prices tanked in Wednesday’s trade, snapping its longest winning run since 2010 after Russia ruled out any proposals to deepen the OPEC-led production cuts. Read the full story


Gold stays within sight of 8-week low as investors look to Fed for cuesInvesting.com
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Bear operators tighten grip on gold, silver
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Gold given light boost on North Korea angst but Fed uncertainty persists
MarketWatch
Gold prices tipped higher Wednesday, edging off their lowest point in nearly eight weeks hit earlier this week, as geopolitical rumblings off set the effects on the metal from a modestly higher dollar. Read the full story


Gold prices suffer more losses, fall Rs90 on low demand
Livemint
New Delhi: Gold slumped for the third day today, losing Rs 90 to Rs 29,220 per 10 grams, owing to slack demand from local jewellers even as the metal strengthened overseas. Read the full story
 
 
BANKS / BANKING
 
Here’s what central banks may do in the rest of 2017

 
CNBC
We've entered the second half of the year and with it new rhetoric from central banks. Read the full story
 
Central bank chiefs in the US and UK seem very sure of themselves, so it’s probably time to worry
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Even if you’re only a little superstitious about tempting fate, the latest comments from American and British central bank chiefs may have you stockpiling gold… Read the full story



Nationwide Banking suffers its own Black Wednesday
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Italy swoops in to save another bank leaving taxpayers on the hook for over $25 billion
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Italy has stepped in with funding to save yet another failing bank, meaning taxpayers now stand responsible for over $25.4 billion of recent bailout money. Read the full story


Monte Paschi looks to leave 'emergency room' and return to profit
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Italian bank Monte dei Paschi di Siena set out plans to get out of the "emergency room" and return to profit on Wednesday, clearing the way for a state bailout that should remove the biggest threat to the country's financial stability. Read the full story


Insolvency cases: High provisioning fears subside among banks
Livemint
Mumbai: Housing Development Finance Corp. Ltd (HDFC) on Tuesday said its exposure of Rs909 crore to one of the accounts identified for insolvency proceedings is adequately provisioned, further cementing the view that the provisioning requirements for lenders may not be as high as initially feared. Read the full story
 
 
 
TREASURIES/ BONDS/ STOCKS

5 Common Misconceptions About Passive Investing
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Wall Street stocks set to climb as investors focus on Fed minutes
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Wall Street will comb the Fed's June minutes for the answer to one key questionBusiness Insider
The Minneapolis Fed's president, Neel Kashkari, during an interview at Reuters in New York. Does Neel Kashkari have any friends at the Federal Reserve? Put more diplomatically: Does the Minneapolis Fed president have any dovish allies on the Fed's Open Market Committee who are skeptical of further interest-rate increases, or is he all alone in dissenting against more hikes this year? That's the main question investors will be looking to answer as they rifle through minutes from the central Read the full story


US stocks open higher as Wall Street braces for Fed minutes
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US Treasurys higher as bond investors look to data
CNBC
U.S. government debt prices were higher on Wednesday as investors turned their attention to upcoming data releases after the Independence Day holiday. Read the full story


FINANCIAL WARNING: Shock graph PROVES a huge stock market crash is coming
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STOCK markets across the world are on the edge of a devastating crash which could trigger a new economic meltdown, according to a key technical indicator. In a flashing red warning, share valuations have soared to their second-highest ever level, suggesting that many stock investments are over-bought and could be in bubble territory. The only other time indicators were at this level was before the dot com crash at the turn of the millennium. Experts are now worried that history is about to Read the full story
 
CURRENCIES

How two countries helped drive the recent rise in cryptocurrency prices
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Digital currency prices have soared recently, with reports from the past few months showing enormous valuation increases for currencies across the board. ... Read the full story

38 Incredible Facts on the Modern U.S. Dollr
Jeff Desjardinson July 5, 2017 at 4:05 pm
 
Dollar nears two-month high against yen ahead of Fed meeting minutes release
MarketWatch
The dollar neared its strongest level against the Japanese yen in almost two months on Wednesday, though churned against the euro as investors looked to Federal Reserve meeting minutes and jobs data due later in the week for fresh clues on the likelihood of another U.S. interest-rate hike this year. Read the full story


Pound to euro exchange rate: Sterling CLIMBS despite disappointing UK services data
Express
POUND sterling has climbed against the euro despite disappointing services data released out of the UK. The exchange rate has climbed slightly to €1.138 after the release of UK services data for June. PMI figures were expected to slip from 53.8 to 53.5 but instead they dropped to 53.4. But the pound has managed to hold its ground despite the disappointing services data. Read the full story


Euro use falls but is 'unchallenged' as the globe's second currency, says ECB
International Business Times, UK Edition
The euro was hit by political challenges in Europe and knocked by the rise of China's yuan. Read the full story


NZ dollar holds gains against Aussie
Scoop
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Forex - Aussie moves higher, kiwi holds steady in late tradeInvesting.com
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eNCA | Rand slumps as ANC debates Reserve Bank's independence
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Rupee strengthens marginally against US dollar
Livemint
Mumbai: The Indian rupee on Wednesday strengthened marginally against the US dollar, tracking gains in the Asian currencies market. Read the full story


Yen, dollar steady amid geopolitical concerns ahead of Fed minutesInvesting.com
Forex Jul 05, 2017 07:14 GMT Investing.com - The yen and the dollar were mostly steady Wednesday amid ongoing geopolitical concerns after the latest North Korean missile test. The market is looking to the minutes of the latest FOMC meeting to gauge the likelihood of a further U.S. rate hike this year. The dollar index was off 0.10% at 95.89 at 02:45 ET. The yen was little changed against the dollar above the 113 mark after safe-haven buying of the unit overnight. The euro edged higher but Read the full story 
 
 
USA
 
Small business hires dropped in June, but employees saw wages rise, Paychex survey shows 
CNBC
 
The Small Business Jobs Index decreased 0.24 percent to 100.10 in June. Read the full story


Not-so-risky business: These are America's top 10 cities for business travel ... and why
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EMERGING MARKETS
 
Spurned by Trump, China and Mexico talk about a trade deal
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CLOSING BRIEFING: Argentina And Colombia Stock Markets End Higher
RTTNews
Stock markets in South America ended on a positive note, despite thin trading volumes because of a holiday in the United States. Brazilian markets were the exception and ended virtually unchanged, with investors adopting a cautious stance amid political uncertainty. Read the full story
 
 
MIDDLE EAST

UAE economic growth seen solid despite low oil prices – Moody’s
Mubasher
Abu Dhabi – Mubasher: Moody's Investors Service has affirmed the UAE’s credit rating at “Aa2”, and upgraded its outlook to “Stable” from “Negative”, according to a recent report. The country’s economic growth is reported solid at 3% despite low … Read the full story

Qatar crisis: Saudi Arabia and allies meet to decide whether to extend sanctions
CNBC
A coalition of Arab countries are poised to announce whether to escalate or abandon sanctions against Qatar on Wednesday. Read the full story

Qatar seeks to retain its LNG crown despite Saudi Arabia-led boycott
Livemint
Doha/London: Qatar just undermined Australia’s efforts to overtake it as the world’s biggest producer of liquefied natural gas (LNG). Read the full story

UAE bank’s assets up 3% in 5M
Mubasher
Abu Dhabi – Mubasher: The assets of the national banks in the UAE rose 3.11% year-on-year or AED 69.8 billion in the first five months of 2017, according to data released on Wednesday by the Central Bank of the UAE. Total assets amounted to EGP … Read the full story
 
UPDATE 1-Emirates, Turkish say laptop ban lifted on U.S. flights
CNBC
The U.S. has lifted the in-cabin ban on laptops and other large electronic devices on U.S.-bound flights from Dubai and Istanbul, Emirates, and Turkish Airlines. Read the full stor
 
 
AFRICA

Coal of Africa shares higher as it settles dispute with Rio Tinto Minerals Development Limited
Proactive Investors
Shares in Coal of Africa Limited (LON:CZA) moved higher as the mining firm announced settled a dispute with Rio Tinto Minerals Development Limited, bringing to an end a long standing legacy issue. The obligations arose from Coal of Africa unit MbeuYashu Proprietary Limited's acquired interest in Chapudi Coal Proprietary Limited and Kwezi Mining Exploration Proprietary Limited. "The final repayment and completion of the Rio Tinto Chapudi transaction is a milestone for the company, as it resolves Read the full story

East Africa: Gulf Crisis Is Leading to Difficult Choices in the Horn of Africa
AllAfrica
Tensions between the Gulf states are pushing their neighbours and partners into choosing sides. The Horn of Africa is already feeling increased stress on regional relations, and faces the potential for heightened instability, as a result of the diplomatic, transport and trade blockade imposed on Qatar by Saudi Arabia, the UAE and Bahrain. Difficult political choices may be unavoidable. Regional stand-off risks polarizing partners in the Horn The Horn of Africa and Read the full story

Hope Now For A Better Future
Addis Insight
The AU Summit has been going on for the last seven days and I cannot help but reflect on some of the shortcomings in Africa. For one, many people still live in extremely difficult conditions, with geopolitics not making it easier. Institutions have not lived up to their billing and many promises seem to have... Read the full story  
 
 
ASIA                                        
 
Saudi tightens its grip on Japan, its biggest Asian oil market Gulf Busines   Japan's imports of Saudi crude between January and June reached 1.3 million bpd, 7.7 per cent higher than a year ago The post Saudi tightens its grip on Japan, its biggest Asian oil market appeared first on Gulf Business. Read the full story

‘Best time in history’ for China-Russia relationship: Xi and Putin boost ties
CNBC
Strategic ties between Russia and China were appraised in glowing terms as Chinese President Xi Jinping concluded a two-day state visit to Russia. Read the full story

Ahead of fractious G20, Germany and China pledge new cooperation
Reuters
Ties between China and Germany are about to enter a new phase, China's president said, as he met the German chancellor before a G20 summit that is expected to highlight their differences with the United States on a host of issues.

Abe Flies to Brussels in Bid to Seal Japan-EU Free Trade Deal
Bloomberg
Prime Minister Shinzo Abe in Tokyo on July 3. Japan and the European Union are working against the clock to remove the remaining obstacles to a trade deal that would cover more than a quarter of the global economy, as they seek to burnish their image as opponents of protectionism. After weeks of tough negotiations in Tokyo that cap four years of talks, Japanese Foreign Minister Fumio Kishida is in Brussels for meetings with EU Trade Commissioner Cecilia Malmstrom. Both sides hope to unveil a Read the full story
 
 
 
 
EUROPE
 
 
German Chancellor Merkel takes aim at US policy
Fox News
German Chancellor Angela Merkel is criticizing U.S. policy ahead of the G20 leaders summit that she is hosting. Read the full story
 
Ominous signs from British firms, but euro zone loses momentum tooword
Reuters
British companies are giving ominous signs about the economy, just as the government embarks on European Union divorce negotiations, data showed on Wednesday, although momentum in the euro zone has lost some momentum. Read the full story


Brexit Bulletin: Reasons Brexit Still Might Not Turn Soft
Bloomberg
The snap assumption made in the wake of last month’s U.K. election was that Britain would readjust its sights and target a soft Brexit. The resurgence of Jeremy Corbyn’s opposition Labour Party and the need for Prime Minister Theresa May’s Conservatives to unite with the Democratic Unionist Party were two reasons given for that rethink. The U.K. may still end up with a more economy-friendly Brexit, but two reports from Bloomberg on Wednesday show that’s not necessarily a sure thing. First, Read the full story
 
 
Blessed and Highly Favored:
 
CBI Update:  
The CBI for Thursday 7/6/17 Indicative Rates 1182 Buy Fate  and 1184 Sell Rate
The currency auction: No new currency auction published yet on CBI website 
There is no news and announcements July 6, 2017
 
ISX Update
Value Traded
825,094,153
Shares Traded
1,384,351,897
 
 
ISX ended in Red
 
 
 
Kauaihn Chatter
 
 
 
7-6-2017   Newshound Guru Phillyman   [Once they finally clear ISIS wonder what the next obstacle is gonna be before we see a change in the rate...]   ...Even though they clear IS out of Mosul they are still in many other areas of Iraq.  Will it stop the changes we are looking for from moving forward?  Violence has permeated the region for centuries.  [Guru] Breitling says the Sunnis will always hate the Shia but that it will not impact this reform.  There seem to be too many countries/businesses pouring assets into Iraq to think it won't turn around soon but of course time lines have brought so much frustration to this investment. 

7-6-2017   Intel Guru Bluwolf
   I don't absorb anything that is not confirmed with my sources. Nor do I share false hope...Simply because we are way past the hoping situación and into the receiving scenario...There are no holdup nor will they ever be anymore...we simply are waiting for our turn to go in...
 
7-5-2017   Intel Guru RayRen98   Monday we were addressing the National Celebration that was to take place...to our understanding it did in fact take place.  There was no official announcement of the liberation of Mosul.  ISX reported at 1
to 1.  Since that report the approval of the ration cards at 1,000 dinar came out
...The approval supposedly took place this weekend. One thousand dinar at the program rate (UN recognized rate at this time) amounts to .80 something cents, give or take. Waiting to hear from recipients of the ration card and put two and two together and see what kind of mathematics is the result. PM Abadi has not made the official announcement...proclamation of the liberation of Mosul and until he says it, according to him, it is not done yet.  Received several reports over the July 4th that (bank) memo's did come out indicating sometime this week...I have nothing saying Friday...just 10 for 10 for this week.  I can't find anything other than expectations for this week on both sides of this equation. 
7-5-2017   Intel Guru 12thMan   Within a few days a part, another main contact of our team, reached out to us with a few bits of information. I can't share all that was said until we see validation in the news or through our boots on the ground in Iraq.  But, what I can say is, our contact was called in off his family vacation yesterday due to the blessing and it's timing. This contact plays a certain role at a US financial firm. Please note, there is only one maybe two people who can call him and say get back now. Our group leader also stated that we need to be ready at a seconds notice... This is two of our 6 in the loop contacts that have reached out to us within the same week.  They called us...which brings a great amount of excitement to my heart! I predict we will hear from our boots on the ground soon seeing my groups lead reached out to him looking for validation on a few things that people keep reporting.


7-5-2017   Newshound Guest Guru Cliff 
  So, in my view, the 1.2 displayed is just a rounded-off number that shows the present value of the dinar in US dollars...with the 3 zeroes removed. Of course, I understand that this is not the actual and final international rate that we will receive...but I believe it is a rounded-off depiction of the present value of the dinar...without the 3 zeroes.  Also then, on the test site, the calculator is showing how many dinar it will take to buy another currency. Remember, this website is about them…not us. It is about the dinar, not about the US dollar. So, when you type the number 1 into the calculator for US dollar, the result comes up as 1.2, but again, this does not mean that a dinar is worth 1.2 US dollars but rather that a US dollar is worth 1.2 dinar. Again, it is a tool designed FOR THEM to use as a calculator, not for us.   [post 2 of 2]

7-5-2017   Newshound Guest Guru Cliff   It appears that the CBI "test site" that many are discussing is legitimate, as the URL on which it appears (http://cbi.3eyon-host.net) can be accessed from the real active CBI site under the STATISTICS tab. This would give credence to the theory that this is an actual test site that was and is being utilized by the bank's web developers. But what intrigues me is how so many have seen the 1.2 figure next to the US Dollar slot and have announced that it means that the dinar will be revalued at $1.20, when that does not appear to me to be what it is indicating at all.  On the actual active site (www.cbi.iq), it presently shows 1184 on the US dollar slot...which I understand to mean that it takes 1184 dinar to equal 1 US dollar. This would make the value of the dinar to be .000845 (1 divided by 1184), thus the 3 zeroes.  So, by the same token, the 1.2 figure on the test site SHOULD NOT mean that a dinar is valued at $1.20, but that it takes 1.2 dinars to equal 1 US dollar. This would be .833 US dollars (1 divided by 1.2 equals 83.3 cents), and not the $1.20 that everyone is talking about.   [post 1 of 2....stay tuned]

 7-5-2017  Newshound Guest Guru RickJames2  ...I found another access point to cbi.3eyon-host.net from cbi.iq. Go to cbi.iq..click on Statistics [Tab on the bottom right in the same area as Exchange Rates tab] and scroll down to read more. Again cbi.3eyon-host website comes up. This occurs on both sides of the
cbi.iq website...English and Arabic. Also, previously...I remember being allowed access to cbi.3eyon-host from "for extended statistics" on Arabic side...this is no longer possible...it comes up as cbi.iq URL now. [See Also 7-4-2017 Posts from Guest Guru RickJames2 and Guru Tman23 below for more on the discovery of the link between the CBI's "hidden test site" and "official" public site.]

7-5-2017   Intel Guru RayRen98  [Do you expect VND to remain at the rate it comes out, or might it float?]    I haven’t seen/heard any indicators that the dong will float once it has revalued.
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:
 
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side; 2 pix)

Prime Minister Dr. Haidar Al-Abadi chairs a meeting of the Ministerial Energy Committee

Prime Minister Dr. Haider al-Abadi on Wednesday chaired a meeting of the ministerial energy committee. The meeting discussed the emergency maintenance of the power plants, in addition to the power purchase contract to supply the province of Basrah, operation and maintenance of the Karbala and Hilla gas stations, and a number of decisions and directives have been taken.
The transfer of service and collection contracts to the distribution sectors was also discussed.
The committee also discussed a number of topics on the agenda.

Prime Minister 's Media Office
5 July 2017

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ARTICLE 2-A

Jubouri and Masoum discuss preparations for a post-induction phase

2017/7/5 16:49135 times read
[Ayna-Baghdad]
Speaker of the House of Representatives Salim al-Jubouri discussed with the President of the Republic Fuad Masum victories in the city of Mosul preparations for the post-gangs and terrorist.
"Jubouri met on Wednesday with Masoum and during the meeting, he reviewed the most prominent political and security developments on the local scene and a number of important files, in addition to the victories achieved by the security forces in the city of Mosul, Against the supporter of the terrorist, which is nearing its end. "
"The meeting also discussed the preparations for a post-conflict phase and urged the return of displaced people to their homes after the provision of basic services there," he added.
"The meeting also discussed the adoption of important laws that serve and contribute to drawing a clear road map for the future of the country after the liberation of the entire land," the statement said.

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ARTICLE 2-B

The start of the session of the House of Representatives headed by Jubouri

2017/7/6 11:57

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ARTICLE 2-C

Parliament raises its meeting to next Saturday

2017/7/6 12:50

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ARTICLE 3

The Arab Parliament congratulates Iraq's victories and rejects any measures to divide it

2017/7/5 22:456 times read
[Where - Continue]
The Arab parliament on Wednesday congratulated Iraq's victories, declaring "its rejection of the partition of the country."
The Arab Parliament issued a statement on the developments of Arab national security during the sixth session of the first session of the second legislative session, held today at the League of Arab States. The statement reached a number of resolutions and recommendations on Iraq and the fight against terrorism.
He congratulated the Arab Parliament in its statement, "the Iraqi people in all its components with their victories in Mosul, which was achieved by its national unity and the courage of its armed forces in all its forms." He called for "to invest this victory in creating more harmony and national harmony and ending sectarian and political tensions. Supreme is the basis in their positions. "
"The liberation of the city of Mosul, Iraq's second largest city, which led to the termination of the state of the caliphate alleged and imaginary, and the end of a dark page in the history of this country."
The Arab Parliament condemned the bombing by calling the terrorist to the great historical mosque of Nuri and the ancient humpback of Hadba, which was one of the heritage treasures of the Iraqi people, in addition to his black deeds in destroying the Iraqi monuments, not to mention his crimes against humanity.
The Arab Parliament "stands against the division of Iraq and rejects any measures that would affect its unity and territorial integrity, and is keenly concerned about the unity of this brotherly country and will confront by all means the attempts to undermine its territorial integrity and the sovereignty and independence of this country," calling on "the Iraqi people in all its components to maintain unity Their country and strengthen that dialogue and understanding, and rejects all interference in the political affairs of any state whatsoever. "
He called on the Arab Parliament to "initiate community reconciliation in order to strengthen national and social unity in order to establish security and stability, the speedy return of the displaced and the initiation of a just national settlement."
He also declared his "support for the efforts of Prime Minister Haider al-Abadi in opening up and balancing Iraq's internal and regional relations, establishing a conciliatory approach and calming the political atmosphere, and praising his role in mobilizing national, regional and international forces in the face of his staunch defeat and defeat."
He called on the Arab parliament to "expedite the development of practical plans for the return of displaced persons to their areas and homes and rehabilitation of infrastructure services and work to compensate them for their losses," urging "countries to help in the reconstruction and reconstruction of areas affected by the war on the terrorist.

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ARTICLE 4

URGENT Extermination of forty-three Da'asia to thwart their exposure in Sharqat

2017/7/6 0:05
[Ayna-Baghdad]
On Wednesday evening, security forces killed 43 terrorist gangs in al-Sharqat district, north of Salah al-Din province. "The pieces of the Salah al-Din operations foiled the operation of the failed attack on gangs supporting the terrorists on our units located in the village of Al-Khardaniya in the province of Sharkat."
He added that the security forces "responded to the terrorists with force and firmness and resulted in the killing of 43 of them."

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ARTICLE 5

Jodat: We have done what we can to avoid casualties among civilians in Mosul

2017/7/6 9:25
[Ayna-Baghdad]
Federal Police Chief Major-General Raed Jawdat revealed that his forces had made all possible operational plans and combat tactics to avoid civilian casualties in Mosul.
He said in a press statement that "the federal police made a lot of sacrifices to avoid the loss of civilians, despite the resort to the enemy to evade confrontation and adopt methods of concealment and fortification of families and human shields."
The third division completed its control of the Sargakhana Street and reached the river bank in the city of Mosul. While the fifth division completed its duties in the areas of the door of the Serail and the market Wednesday, the transport yard and the market.
The elite commando units continue to rush in the areas of South Najafi and complete the security of Khalid Bin Al Waleed Street from the remnants of Al-Dawash.
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ARTICLE 6

Joint operations show the date of victory on the preacher and whoever announces it

2017/7/5 22:2326 times read
[Ayna-Baghdad]
The Joint Operations Command explained the timing of the declaration of victory over the terrorist gangs.
"The joint operations deny any date for this announcement and confirm that our heroine units are continuing to advance until the liberation of the remaining part of the old Mosul," a statement from the media information center said.
"The complete liberation of Mosul will be announced by the commander-in-chief of the armed forces [Prime Minister Haider Abadi]," the statement said.
The commander of the Nineveh operations, Maj. Gen. Najem Abdullah al-Jubouri, said yesterday that Thursday will be the maximum date for the declaration of full liberation of the city of Mosul.
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ARTICLE 7

Dar al-Iftaa confirms the validity of the "indications" of the death of al-Baghdadi

2017/7/5 22:2916 times read
[Where - Continue]
The Observatory of Fataawa al-Takfiri of the Egyptian House of Fatwa confirmed the "validity of indicators and evidence" on the killing of the leader of Abu Bakr al-Baghdadi.
The Observatory said in a statement that the preacher killed "Abu Qutaiba," a close to Baghdadi in the district of Tal Afar, west of Mosul, after hinting in his sermons Friday to the death of a leader Daad.
The Observatory believes that this is evidence of the truth of the reports about the killing of al-Baghdadi. Dahesh published a brief statement throughout Tal Afar, saying that anyone who spoke about the death of al-Baghdadi would be 50 lashes, according to the observatory's statement.
According to the same statement, "the death of al-Baghdadi opens the door for splits and differences within the preacher, especially in areas far from Syria and Iraq."
And who has been calling for repeated defeats in Mosul in Iraq and Raqqa in Syria recently.
Russia has confirmed more than once in June the killing of a Russian raid Baghdadi with dozens of terrorists, including leaders in the suburbs of Raqqa, Syria on May 28 last.
An official close to Supreme Leader Ayatollah Ali Khamenei said: "It is certain that the leader of Daqash Abu Bakr al-Baghdadi died."
The US-led coalition said it had no concrete evidence whether al-Baghdadi was alive or dead.
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ARTICLE 8

Fish .. Treatment of new burns

RIO DE JANEIRO, July 6 (HealthDay News) - Brazilian doctors have discovered a natural substance that can quickly cure burns, as doctors Edmar Masil and his colleagues in Fortaleza treat burns victims using tilapia skin because their skin is much like human skin. Most of the injured have benefited from this method.
One of the patients, José Bezera, was seriously injured and injured. Doctors told him: a skin transplant should be performed. But with the fish skin method no longer needs this transplant.
As for how it is treated, it is simply to use the skin of fish like a tape adhesive and put it on the affected area. There is no need for creams or other sterile substances. As a result, wounds heal faster than any other substance.
Fish skin extends human skin with fluids and protects it from bacteria and bacteria. This is considered a "revolution," doctors say to a reporter for the first German channel in Brazil, according to the website of the channel.
Fortunately, the taste of these fish is delicious, making the use of their skin harmless to the environment, and their meat is always brought to the table.
If this project proves successful in the coming period, it will be circulated to hospitals as a "revolutionary" treatment for burns.

 

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