Word on the Street Tuesday 7/18/17
Word on the Street Tuesday 7/18/17:
TNT CONFERENCE CALL MONDAY 7/17/17 DC NY CALL
RECAP:
Good afternoon TNT Superfantastic family. Today is Marvelous
Monday. Where do we go from here with all exciting info Friday thinking things
would happen over the weekend, since that is what they were told. There was
supposed to be the plan or was it fed to us purposely. The facts are we are not
headed to the bank yet. Info still looks good and should be very soon. It is on
the way. You all need to be doing with all the intel info it is going to happen
and then it goes the opposite. Take all you hear with a grain of salt.
Information is definately rock solid into and says this is going to happen. We
just don't know when. That still lets me know, we are still in this game. Just
sit and wait, and we will be the victors. That is all we can do is go on info we
have and access it and see it that is ok. Then we go from there. All of the
signs and messages look good. Everything they told their people in Iraq still
looks good and to add on to that, we are getting more things that makes this
reality complete and that could be anytime this week. It would make me think it
is this week, but we don't know all about the process. Based on news and
articles it makes you believe that. Contractors about to be paid and they should
be a change in value of the currency. People with Cards are being notified of
change and someone was giving them the heads up too. A change is coming and gave
them a round about time to look for that. The info didn't come thru yet. Our
banking community has been put on notice large foreign currency changes to be
expected. I don't think they would get a notice if it was planned for next year.
The financial world is expecting this, and we are looking for today more hot
intel. CBI site was up and down in Iraq a few times. That caused eyebrow
raising. What was that all about and it remains to be seen. Something is a foot,
and I am ready. We want you to be ready. Are you ready? Info looks good for this
week. I heard and some of what you will hear like what happened about
contractors being paid. We will see how that unfolds this week. Folks have cards
and some out of the country and loaded with their countries currency. If they
are out of country they see a converted dollar amount. They have not been told
that this money was at the rate you would like. Then all you would have to do is
mobilize . Questions: Q: Key cards are ready to go on the 21st.
If this is true when will they post the rate. Ray: I don't know how soon or what
the rate is. Q: Over the weekend there was articles out of Iraq about the HCL?
Is this still be a big issue? Ray: No. Q: Will bank managers give us handouts ?
Ray: I believe they will to get you as a customer. Q: Can we take an accountant
or attorney to exchange? Ray: Sure. Q: On the exchange can I bring my daughter
and my money to exchange and set up an account for her and for me? Ray: I would
think it is up to the banks. Make sure you are on the account with her and be a
codepositor. Q: Who is responsible for the taxes? Ray: You are the one that will
get the tax bill. Q: Will there be banks in Canada that we can exchange? Ray:
Yes. Q: Have you talked to the person from Puerto Rico and did he make the
exchange? Ray: None of that happened yet. Q: Do you believe the Dong will go at
the same time? Ray: I hope so. Q: With Kurdistan looking to break away from
Iraq, will that hold up the RV? Ray No. Callers: Caller: 865 We
had a little of both regarding data that you mentioned. I like 7/17/17 I am
curious about exchange centers that they are linked to one financial
institution. Do you believe multiple banks will be at one location? Ray, I am
not 100% sure of that. Catnip: Anything from the Iraq Gazette? Ray: not from the
Gazette and not even from the mosques. Now it seems all has gone underground.
Catnip: At what point will be know about the contractors? Ray: Not exactly when
but from the conversation is looks like the end of the week. Caller: 423:
Tennessee Last week we heard we would see monetary reform? Ray: I didn't report
that. I only said there is an excalation in reforms but not established and in
place yet. People are expecting once Mosul was liberated, we thought it would
all happen immediately. Now there is supposed to be a meeting for when it will
take place sometime supposedly this week. Caller: 786 Florida: I heard they are
looking to open up the IMF in Baghdad? Ray: I haven't heard more than you heard.
I would assume Iraq would RV, the currency would change in rate and the other
currencies are supposed to be in the basket. Caller: 410 I watched the MSNBC at
10 pm and I there was some good information. Ray: It was good info for people to
know. Ray Wrap up: We are at a good place on the info I can and can't share. If
we dont wrap up this week, then there will be some strong indicators it will
wrap up. From the info I have, it leads me to believe this week, but could delay
another week. It will let us know what to look forward to next week. Make sure
you have everything covered. Roth IRA are a very attractive tool to have in your
portfolio especially if you already have a 401K or 401A and other IRA's. I think
I have said all I can say about that particular tool. If anything else comes up,
we will send out a text and hopefully there will be reason to convene on another
call. Time will tell. Keep believing. I Believe. Rayren98
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | |
|
1,142.1000 | 1,140.5000 | 1,140.5000 | |
07:16 |
| USD/VND | |
|
22,384.0000 | 22,350.0000 | 22,350.0000 | |
07:16 |
| USD/CNY | |
|
6.7723 | 6.7440 | 6.7468 | |
07:16 |
| USD/KWD | |
|
0.3027 | 0.3016 | 0.3023 | |
07:16 |
| GBP/USD | |
|
1.3123 | 1.3007 | 1.3051 | |
07:16 |
| USD/IRR | |
|
12,048.0000 | 12,048.0000 | 12,048.0000 | |
17:51 |
| USD/IDR | |
|
13,321.0000 | 13,295.0000 | 13,321.0000 | |
07:09 |
CNBC Link:
CNBC Morning Squawk
Link:
DC NY Iraq Articles:
.
Masoum endorses a law to include the Judicial Institute in the Supreme Court instead of justice
Editorial date: 2017/7/17 8:49 • 81 times read
The President of
the Republic Fuad Masoum has ratified the law to include the Judicial Institute
to the Supreme Judicial Council for the year 2017, which was voted by the House
of Representatives earlier.
The presidential office said in a
statement that "this law was initiated with the aim of linking the Judicial
Institute with the Supreme Judicial Council as the body concerned with the
preparation and appointment of judges and prosecutors, and the elimination of
dual administration, and for the purpose of developing it to enhance the
independence of the judiciary and respect for the rule of law." Sent for
publication in the Official Gazette ".
The House of Representatives voted on May 23 to include the Judicial Institute to the Supreme Judicial Council and disengage from the Ministry of Justice
The House of Representatives voted on May 23 to include the Judicial Institute to the Supreme Judicial Council and disengage from the Ministry of Justice
Frankincense: National Alliance will say his speech on Najaf airport and must intervene integrity
Date of release: 2017/7/17 0:07 • 280 times read
(Baghdad:
Al-Furat News) The MP of the National Alliance Sadik al-Laban, on Sunday, that
the coalition will say his speech on the Najaf International Airport and
witnessing the most recent attraction in the Board of Directors.
"The alliance will say his speech
about the airport, and we ask the Prime Minister to expedite the
decision-making, and that the airport is not referred to any investment company
until after the disclosure of all things and the disclosure of projects by
interference integrity and financial control to audit matters and if the airport
On a specialist company that is reasonably priced and not at high rates.
"
He added, "There is a mystery at the airport where he explained in the media more than an incident shows that there is exploitation of the airport and the acquisition of imports and greed by," noting that "the airport was created from the money of Najaf and is supposed to provide services to the province, but unfortunately since its opening so far did not relieve the The suffering of the people did not provide services and there is abuse in the Governing Council and a legal imbalance, "asserting that" the National Alliance to raise this issue. "
"Today, the airport is run by five parties and they have representatives at the airport, but the parties say they do not represent us, but in reality none of them have withdrawn," he said.
"We have not asked for anything other than the request of the National Alliance and the approval of the leadership of the coalition and the political entity that the airport is a legal flaw in the financial actions," said al-Labban, "there is a bloc of liberals represented by one and the citizen loyalty, all of them participate in a board of directors, It is not frank frankincense in the subject. "
"There is a very large amount of money [except] this period, during which the board of directors created an imbalance in cooperation with companies, which led to the reluctance of Iranian companies to get off at the airport."
"If the coalition does not make a clear and explicit decision to change this situation will prove the charge directed by the Iraqi street to him, who is innocent of acting with funds Najaf," he said, stressing that "the National Alliance must clear himself of positions, and is supposed to stand clear , And we have a meeting to end this situation. "
The chairman of Najaf International Airport, Fayed Shammari, said on July 4 that the reasons for the suspension of Iranian companies flights, especially the government and the Ministry of Finance and not in the administration of the airport.
He responded to the statements made by MP Sadiq al-Laban earlier on suspicions of corruption files concerning the work of the airport, saying that "frankincense" Kharij "wanted the right and missed his way, an official did not provide what they gave to Najaf Ashraf and airport
He added, "There is a mystery at the airport where he explained in the media more than an incident shows that there is exploitation of the airport and the acquisition of imports and greed by," noting that "the airport was created from the money of Najaf and is supposed to provide services to the province, but unfortunately since its opening so far did not relieve the The suffering of the people did not provide services and there is abuse in the Governing Council and a legal imbalance, "asserting that" the National Alliance to raise this issue. "
"Today, the airport is run by five parties and they have representatives at the airport, but the parties say they do not represent us, but in reality none of them have withdrawn," he said.
"We have not asked for anything other than the request of the National Alliance and the approval of the leadership of the coalition and the political entity that the airport is a legal flaw in the financial actions," said al-Labban, "there is a bloc of liberals represented by one and the citizen loyalty, all of them participate in a board of directors, It is not frank frankincense in the subject. "
"There is a very large amount of money [except] this period, during which the board of directors created an imbalance in cooperation with companies, which led to the reluctance of Iranian companies to get off at the airport."
"If the coalition does not make a clear and explicit decision to change this situation will prove the charge directed by the Iraqi street to him, who is innocent of acting with funds Najaf," he said, stressing that "the National Alliance must clear himself of positions, and is supposed to stand clear , And we have a meeting to end this situation. "
The chairman of Najaf International Airport, Fayed Shammari, said on July 4 that the reasons for the suspension of Iranian companies flights, especially the government and the Ministry of Finance and not in the administration of the airport.
He responded to the statements made by MP Sadiq al-Laban earlier on suspicions of corruption files concerning the work of the airport, saying that "frankincense" Kharij "wanted the right and missed his way, an official did not provide what they gave to Najaf Ashraf and airport
Dhi Qar sells 111 thousand tons of wheat
Release date: 2017/7/17 12:19 • 32 times scheduled
(Baghdad:
Al-Furat News) The first deputy governor of Dhi Qar and the head of the
agricultural committee in the province, Adel al-Dakhili, confirmed the end of
the marketing season for the wheat crop in marketed quantities reached about 111
thousand tons within two months.
Al-Dakhili said in a statement
received by the agency {Euphrates News} a copy of it that "the quantities
marketed from the farmers and farmers for the wheat crop for the season of 2017
reached about 111 thousand at the rate of 53 thousand and 700 tons in Sayl
Nasiriyah and 57 thousand tons in the Saif al-Rifai."
Al-Dakhili pointed out that "the monthly quota of the mills 25 thousand tons per month, so the amounts of the past season sufficient to meet the need for the province for four months."
He pointed to "the escalation of the proportion of marketing crops of farmers and farmers of the province and raising the energy of the General Company for the marketing of grain to absorb quantities of wheat marketed and work to overcome the obstacles to the success of the marketing season."
Al-Dakhili pointed out that "the monthly quota of the mills 25 thousand tons per month, so the amounts of the past season sufficient to meet the need for the province for four months."
He pointed to "the escalation of the proportion of marketing crops of farmers and farmers of the province and raising the energy of the General Company for the marketing of grain to absorb quantities of wheat marketed and work to overcome the obstacles to the success of the marketing season."
Al-Hayes: The meaning of the representatives of the Sunnis and their conferences as they dream of returning to the chairs
Release date: 2017/7/17 0:00 • 199 times read
(Baghdad: Al
Furat News) Mohammed al-Hayes, one of the tribal leaders of Anbar province,
said, "There is no meaning to Sunni references and representatives of the Sunnis
or to their conferences within the Sunni position."
"Those who listen to us are the
displaced citizens who do not have a house or services, either the Sunni
authority or Sunni representatives do not make sense or to their conferences
within the Sunni position," Al-Hayes said during his hosting of the program
"boldly" broadcast by Al-Furat satellite channel. "These representatives come to
represent the people of the year in another phase undesirable because they in
the previous phase, and destroyed the people of Anbar, they represent them with
destruction and hunger and slaughter of Sunnis, and conferences election
propaganda for the next stage."
He stressed that "the separation by the representative of the (Sunnis) is the elections," pointing out that "Salim al-Jubouri did not come fighters who fought in the bunkers with the army, police and tribes, it is supposed to bring these faces to conferences are building the homeland," noting that " Of the politicians are no longer [Altmli] to the public and the separation is the elections, they will not elect any of these faces because they did not provide anything.
"We want a murderer and work to collect Iraqis, we do not want the blocks, but we want a bloc for all Iraqis come from the tithe preparations for the reference of Sunnis, Shiites, Christians and Kurds to get out of this bloc," he said, adding that "we hope to work and offer something to the country, These political faces dream of going back to the chairs. "
He continued, "Their conferences failed and separation is the elections."
"We support those who fought and there are representatives who fought with us have certificates and deserve to reach the parliament and they can fight for the right of Anbar and the Iraqis will not be affiliated with Saudi Arabia, Qatar and Turkey," he said, declaring that "we have political entities come down and there are lists and fighters "He said.
He pointed out that "the army did not betray in Mosul, and the elders and politicians in Anbar destroyed the province, the people wanted to slaughter the army and the army withdrew so as not to fight with the citizens."
"The army has never betrayed, we fought with everyone, and treason was one of the politicians in the province," he said.
A conference of leaders of the Union of Forces led by Parliament Speaker Salim al-Jubouri was held in Baghdad last Friday, in which he announced the formation of a coalition of Iraqi national forces, which includes a number of "Sunni" politicians.
As held next to another in the province of Arbil {Friday}, a conference complementary to the Baghdad conference, attended by a number of personalities required for the judiciary, which can not come to Baghdad, as a crane Issawi and Ethel Nujaifi for fear of arrest.
"We declare our faith in the state as a political and legal reference," Jubouri said during the conference in Baghdad. He stressed "the rejection of sectarian gatherings, stressing the need for a comprehensive national project to chart a post-urgent path." It is necessary for everyone to believe in clear principles, Save the country from its repeated crisis. "
On the other hand, witnessed Baghdad and Erbil last Thursday, held two similar conferences, one led by MP from the Union of Forces Mahmoud Mashhadani (held in Baghdad), and the other headed by Khamis Khanjar (held in Erbil), who also stressed "to fill the political forces and the need to reconstruct liberated areas And the return of the displaced to their homes.
He stressed that "the separation by the representative of the (Sunnis) is the elections," pointing out that "Salim al-Jubouri did not come fighters who fought in the bunkers with the army, police and tribes, it is supposed to bring these faces to conferences are building the homeland," noting that " Of the politicians are no longer [Altmli] to the public and the separation is the elections, they will not elect any of these faces because they did not provide anything.
"We want a murderer and work to collect Iraqis, we do not want the blocks, but we want a bloc for all Iraqis come from the tithe preparations for the reference of Sunnis, Shiites, Christians and Kurds to get out of this bloc," he said, adding that "we hope to work and offer something to the country, These political faces dream of going back to the chairs. "
He continued, "Their conferences failed and separation is the elections."
"We support those who fought and there are representatives who fought with us have certificates and deserve to reach the parliament and they can fight for the right of Anbar and the Iraqis will not be affiliated with Saudi Arabia, Qatar and Turkey," he said, declaring that "we have political entities come down and there are lists and fighters "He said.
He pointed out that "the army did not betray in Mosul, and the elders and politicians in Anbar destroyed the province, the people wanted to slaughter the army and the army withdrew so as not to fight with the citizens."
"The army has never betrayed, we fought with everyone, and treason was one of the politicians in the province," he said.
A conference of leaders of the Union of Forces led by Parliament Speaker Salim al-Jubouri was held in Baghdad last Friday, in which he announced the formation of a coalition of Iraqi national forces, which includes a number of "Sunni" politicians.
As held next to another in the province of Arbil {Friday}, a conference complementary to the Baghdad conference, attended by a number of personalities required for the judiciary, which can not come to Baghdad, as a crane Issawi and Ethel Nujaifi for fear of arrest.
"We declare our faith in the state as a political and legal reference," Jubouri said during the conference in Baghdad. He stressed "the rejection of sectarian gatherings, stressing the need for a comprehensive national project to chart a post-urgent path." It is necessary for everyone to believe in clear principles, Save the country from its repeated crisis. "
On the other hand, witnessed Baghdad and Erbil last Thursday, held two similar conferences, one led by MP from the Union of Forces Mahmoud Mashhadani (held in Baghdad), and the other headed by Khamis Khanjar (held in Erbil), who also stressed "to fill the political forces and the need to reconstruct liberated areas And the return of the displaced to their homes.
Kauaihn Iraq Articles:
Iraq is looking for a direct flight with the Netherlands and the latter is calling for a water conference
Editorial date: 2017/7/17 11:23 • 74 times read
(Baghdad:
Al-Furat News) Foreign Minister Ibrahim al-Jaafari received a copy of the
credentials of the new ambassador to Iraq, Matthias Voltars, at the ministry's
headquarters.
"During the meeting, the bilateral
relations between Baghdad and Amsterdam were reviewed and ways of supporting
them, in a way that enhances common interests and the common dangers between the
two countries," a foreign ministry statement said.
Jaafari expressed "the readiness of the Foreign Ministry to provide the necessary support to the diplomatic mission to increase the volume of cooperation in various fields, praising the positions of the Netherlands in support of Iraq in its war against terrorism and its contribution to the training of Iraqi forces."
"Iraq will begin the construction and reconstruction of Iraqi cities and looks forward to supporting friendly countries in the reconstruction of infrastructure and investment in many fields," he said. He called for the opening of an air route between Baghdad and Amsterdam.
For his part, the Dutch ambassador congratulated Iraq on its victories in its war against the terrorist gangs. "We are proud to help Iraqi forces against terrorism and we will continue to support Iraq in the next stage," he said. "Iraq's security and stability are top priorities of our relations. Building Iraqi cities and the return of displaced families to their areas of residence. "
"We are working to open up new horizons in energy, agriculture and water resources. In the coming months, the Netherlands will host a special conference in the field of water, and the participation of Iraq will be very important to benefit from the Dutch experience in this field," said Matthias Voltres
Jaafari expressed "the readiness of the Foreign Ministry to provide the necessary support to the diplomatic mission to increase the volume of cooperation in various fields, praising the positions of the Netherlands in support of Iraq in its war against terrorism and its contribution to the training of Iraqi forces."
"Iraq will begin the construction and reconstruction of Iraqi cities and looks forward to supporting friendly countries in the reconstruction of infrastructure and investment in many fields," he said. He called for the opening of an air route between Baghdad and Amsterdam.
For his part, the Dutch ambassador congratulated Iraq on its victories in its war against the terrorist gangs. "We are proud to help Iraqi forces against terrorism and we will continue to support Iraq in the next stage," he said. "Iraq's security and stability are top priorities of our relations. Building Iraqi cities and the return of displaced families to their areas of residence. "
"We are working to open up new horizons in energy, agriculture and water resources. In the coming months, the Netherlands will host a special conference in the field of water, and the participation of Iraq will be very important to benefit from the Dutch experience in this field," said Matthias Voltres
Abadi adviser: Iraq is in the process of receiving a new payment from the International Monetary Fund
"The financial adviser to the
Prime Minister of the appearance of Mohammed Saleh," Iraq is open to the
institutions concerned with economic affairs in the world and just as we have a
headquarters of the World Bank, we welcome the presence of the headquarters of
the International Monetary Fund, indicating that Iraq is receiving a new payment
from the International Monetary Fund.
"Iraq has long agreements with the
International Monetary Fund (IMF), four agreements since 2003," Salih said in a
statement to the Journal News. "Three agreements on credit readiness and another
post-conflict agreement were signed after 2003."
"The agreement on the credit
program was signed in principle in the fifth month of 2016 and adopted by the
Fund on 7/7/2016 provided that a loan to Iraq worth 5.3 billion dollars over 36
months."
Saleh said that "the loan payments
are divided into 6 major payments and 7 sub-payments, as provided by the
requests of the Iraqi government, if need, indicating that Iraq has received
about a billion dollars."
He noted that "Iraq is waiting for
another loan payment, equivalent to 35% of Iraq's share within the Fund."
"The loan is set by a five-year
repayment period and a grace period of two years and a low interest rate.
A successful missile test in Iraq
Baghdad - Journal News
The General Military Industries
Company, one of the companies of the Ministry of Industry and Minerals,
announced on Monday the success of the tests of the free launch of the missile
"certainty" manufactured and executed by the company's owners and Iraqi
hands.
The director general of the
company appearance of Tamimi in a statement received by the «Journal News» that
"coincided with the celebrations of the Iraqi people with the victory week was
carried out successfully and the tests of the free launch of the missile
certainty 1".
He added that "the range of the
missile is approximately 15 km and a warhead weighing 350 kilograms of
explosives," noting that "certainty 1 designed and implemented by Iraqi hands by
the engineering and technical staff in the General Military Industries
Company."
"The missile has met the required
military standard," Tamimi said.
It is worth mentioning that the
cadres of the Ministry of General Military Industries Company and a number of
companies that have already supported them and succeeded in manufacturing and
production of mortars and rockets 107 mm in rates of manufacturing and domestic
production exceeded 80% by contributing with the Iraqi private sector according
to international standards and manufacturing 107 mm caliber The launching of BKC
submachine guns and ammunition, the return of the BKC machine guns and other
parts of the various weapons in addition to the manufacture of the wheel of the
march as well as the rehabilitation, repair and operation of many mechanisms and
idle weapons, armored vehicles and tanks to support and support the armed forces
in their fight against terrorism.
American newspaper blew up a surprise about the role of the UAE in the crisis with Qatar
Release date: 2017/7/17 9:02 • 510 times read
The United Arab
Emirates arranged to penetrate pages on social media and news websites of the
Qatari government in late May to publish false but false statements attributed
to its emir, sparking a diplomatic crisis, the Washington Post quoted US
intelligence officials as saying.
The newspaper said that the
statements attributed to the Emir of Qatar Sheikh Tamim bin Hamad al-Thani in
May, praised the Palestinian Islamic Resistance Movement (Hamas) and said that
Iran is an "Islamic force." In response, Saudi Arabia, the UAE, Egypt and
Bahrain cut diplomatic relations and transport links with Qatar on June 5
Accusing it of supporting terrorism.
Qatar said in late May that electronic hackers had published fabricated statements attributed to the Emir, which was rejected by the Gulf states.
The Washington Post said US intelligence officials last week learned of recent analysis showing senior UAE government officials discussed the planned electronic infiltration on May 23, a day before it happened.
The officials said it was not clear whether the UAE had penetrated websites or paid money to another party to do so, the newspaper said, without naming intelligence officials in its report.
The United States' ambassador to the United States, Youssef al-Otaiba, denied the report in a statement, saying it was "false."
"The real thing is Qatar's behavior, funding, support and empowerment of Taliban extremists to Hamas and Qadhafi, inciting violence, encouraging militancy and undermining the stability of its neighbors," Otaiba said.
The State Department declined to comment.
It is well known that the Federal Bureau of Investigation (FBI) is working with Qatar to investigate cyber infiltration
Qatar said in late May that electronic hackers had published fabricated statements attributed to the Emir, which was rejected by the Gulf states.
The Washington Post said US intelligence officials last week learned of recent analysis showing senior UAE government officials discussed the planned electronic infiltration on May 23, a day before it happened.
The officials said it was not clear whether the UAE had penetrated websites or paid money to another party to do so, the newspaper said, without naming intelligence officials in its report.
The United States' ambassador to the United States, Youssef al-Otaiba, denied the report in a statement, saying it was "false."
"The real thing is Qatar's behavior, funding, support and empowerment of Taliban extremists to Hamas and Qadhafi, inciting violence, encouraging militancy and undermining the stability of its neighbors," Otaiba said.
The State Department declined to comment.
It is well known that the Federal Bureau of Investigation (FBI) is working with Qatar to investigate cyber infiltration
Parliamentary integrity a new anti-corruption mechanism
The Committee on "Integrity"
parliamentary, on Monday, its study of programs and a new mechanism to combat
corruption in the joints of the government during the next phase.
"There are new anti-corruption
programs being studied in secret," committee member Ardalan Noureddine told The
Journal News. "At the moment, we are working according to the traditional
mechanism."
He added that "the committee and
the agreement among all its members preferred to retain the traditional way of
its work at the present time is to hold those responsible for corruption crimes
to send evidence and documents obtained by the judiciary and the prosecution and
the Integrity Commission, according to the delegation, noting that" this method
proved effective, A lot of issues over the past years. "
"The committee and its members are
bound by the Iraqi constitution and laws in their refusal to lay charges against
officials unless they are convicted by the judiciary," he said.
Earlier reports revealed the use
of Iraq by international investigators to combat corruption, as it showed that
this was part of the reform plan for the Prime Minister, noting that these
investigators will investigate the files of corruption of priority as smuggling
of Iraqi funds abroad.
Kauaihn Economic Times:
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3 Lessons I Learned From Meeting Richard Branson
|
Meet the High School
Dropout Who Is Now the Richest Self-Made Woman on
Earth
Money
She's worth around $9 billion. Read the full story
Money
She's worth around $9 billion. Read the full story
Why most people will never be
successful
"Success" isn't just having lots of money. Many people with lots of money have horribly unhappy and radically imbalanced lives.
Read more: http://www.cnbc.com/2017/07/
"Success" isn't just having lots of money. Many people with lots of money have horribly unhappy and radically imbalanced lives.
Read more: http://www.cnbc.com/2017/07/
How one 8-year-old is set
to earn $17,000 a year selling eggs
Junior-James
Wyatt of the U.K. has had great success in sales.
OIL / COMMODITIES / ENERGY
Oil edges above $49 on
U.S. drilling slowdown
Reuters
Oil rose above
$49 a barrel on Monday as a slowdown in the growth of rigs drilling in the
United States eased concern that surging shale supplies will undermine OPEC-led
cuts. Read the full
story
Oil prices
rise on strong China demand, signs of US output slowdown
Oil prices rose
on Monday, supported by a slowdown in the growth of rigs looking for crude in
the United States.
Statoil makes small gas
discovery in the Barents Sea
Energy Voice
Statoil Petroleum AS announced today that their drilling the Blåmann well 7121/8-1. 25km southeast of the Snøhvit field has resulted is a small gas find. The company estimate recoverable volumes to be in the range of 2-3 billion standard cubic meters (BCM), the equivalent of approximately 10-20 million barrels of oil (BOE). The well was drilled in licence PL 849, awarded in 2016 in Norway’s Awards in Predefined Areas (APA) licensing round. Gas was found in a 23 metre column in the Stø formation. Read the full storyOil prices rise on strong China demand, signs of US output slowdown
Energy Voice
Statoil Petroleum AS announced today that their drilling the Blåmann well 7121/8-1. 25km southeast of the Snøhvit field has resulted is a small gas find. The company estimate recoverable volumes to be in the range of 2-3 billion standard cubic meters (BCM), the equivalent of approximately 10-20 million barrels of oil (BOE). The well was drilled in licence PL 849, awarded in 2016 in Norway’s Awards in Predefined Areas (APA) licensing round. Gas was found in a 23 metre column in the Stø formation. Read the full storyOil prices rise on strong China demand, signs of US output slowdown
Oil chiefs to debate North
Sea’s future at EV event
Energy Voice
Oil and gas chiefs are set to debate and discuss the industry’s future at a free event in the run-up to this year’s Offshore Europe. Andy Samuel, chief executive of the Oil and Gas Authority (OGA), Colette Cohen, chief executive of the Oil and Gas Technology Centre (OGTC), Dave Lynch, BP’s Vice President of Reservoir Development, Neil Sims, Expro’s North Sea VP, and Paul de Leeuw, Robert Gordon University’s Oil and Gas Institute Director, will headline Energy Voice’s latest event dubbed the New Read the full story
Energy Voice
Oil and gas chiefs are set to debate and discuss the industry’s future at a free event in the run-up to this year’s Offshore Europe. Andy Samuel, chief executive of the Oil and Gas Authority (OGA), Colette Cohen, chief executive of the Oil and Gas Technology Centre (OGTC), Dave Lynch, BP’s Vice President of Reservoir Development, Neil Sims, Expro’s North Sea VP, and Paul de Leeuw, Robert Gordon University’s Oil and Gas Institute Director, will headline Energy Voice’s latest event dubbed the New Read the full story
I hate to say it, but
a gold bull market seems a long way away
MoneyWeek
It’s been very a
disappointing year for gold. Its time will certainly come again, says Dominic
Frisby, but for now, a bull market is a very long way off. Read the full
story
Gold up as prospects for
slower US rate hikes weigh on dollar
Gold rose on
Monday as investors sought higher returns in alternative asset classes as the
outlook for further interest rate hikes in the U.S. dimmed.
Reverse the
trend
Business Standard
Apropos the editorial, “Gold rush, again” (July 13), the propensity of households for investing in the yellow metal is increasing rapidly and leading to the channelling of savings into unproductive investment. This would otherwise be essential to augment investment for economic growth and social development. Despite the presence of a developed financial market and the availability of a number of financial products, the savings habit of households is skewed towards investing in gold. Hardly any Read the full story
Business Standard
Apropos the editorial, “Gold rush, again” (July 13), the propensity of households for investing in the yellow metal is increasing rapidly and leading to the channelling of savings into unproductive investment. This would otherwise be essential to augment investment for economic growth and social development. Despite the presence of a developed financial market and the availability of a number of financial products, the savings habit of households is skewed towards investing in gold. Hardly any Read the full story
BANKS / BANKING
World's largest banks
by asset value
Business
Standard
Banks play a
greater role as intermediaries in the global financial system. The largest banks
are located in China, which is not surprising given that the Chinese economy
continues to grow at a rate that is approximately three times the rate of growth
in the US, which is the world’s largest economy. Here are the world’s largest
banks by asset value: Read the full
story
Will new banking changes
lead to cheaper mortgages?9news.com.au
Good news for borrowers this morning as more than 50 small lenders will be allowed to call themselves banks under reforms that Treasurer Scott Morrison says will deliver better home loan deals. Treasurer Scott Morrison's plan to allow up to 50 smaller lenders to become banks is not a bad idea. But don't anyone pretend that this is a magic bullet to create never-ending cheap home loans; or that it's the answer to affordability for first home buyers. It is nothing of the sort. Australia, you see, Read the full story
Good news for borrowers this morning as more than 50 small lenders will be allowed to call themselves banks under reforms that Treasurer Scott Morrison says will deliver better home loan deals. Treasurer Scott Morrison's plan to allow up to 50 smaller lenders to become banks is not a bad idea. But don't anyone pretend that this is a magic bullet to create never-ending cheap home loans; or that it's the answer to affordability for first home buyers. It is nothing of the sort. Australia, you see, Read the full story
Citi Prestige to Offer
75,000 Point Sign-Up Bonus and New Features
The Points Guy
When we think about travel rewards credit cards, we consider two things: the points and the perks. And when it comes to perks, one of our favorites is the 4th Night Free feature of the Citi Prestige card. What other credit card benefit is worth hundreds or even thousands of dollars every time you use it, all while being infinitely reusable, uncapped and applicable to virtually any hotel property in the world? That said, ever since Citi announced nearly a year ago that it was removing some Read the full story
The Points Guy
When we think about travel rewards credit cards, we consider two things: the points and the perks. And when it comes to perks, one of our favorites is the 4th Night Free feature of the Citi Prestige card. What other credit card benefit is worth hundreds or even thousands of dollars every time you use it, all while being infinitely reusable, uncapped and applicable to virtually any hotel property in the world? That said, ever since Citi announced nearly a year ago that it was removing some Read the full story
Unicredit agrees
€17.7bn bad loan sale with US investors Pimco and
Fortress
City
A.M.
Italian banking
giant Unicredit has agreed to sell off a big portion of its book of bad loans to
US investors Pimco and Fortress, in its latest step to leave the legacy of the
Eurozone debt crisis in the rear-view mirror. The deal, first announced last
year, will see the American firms take on a €17.7bn (£15.5bn) tranche of
non-performing loans at a bargain basement price, as Unicredit tries to shore up
its balance sheet. The sale will increase Unicredit’s tier-one equity capital
ratio by 10 Read the full
story
China’s Central Bank
to Assume Bigger Role in Oversight of Financial
System
Insurance
Journal
China’s central
bank will take on a bigger role in macro-prudential management and in averting
systemic risk in the financial system, President Xi Jinping said at a
once-in-five-years government work conference that ended on Saturday. Financial
security is a vital part of national security, Xi said at the fifth National
Financial Work Conference, adding that China will strengthen the Communist
Party’s leadership in the financial sector. A Financial Stability and
Development Committee will also Read the full
story
TREASURIES/BONDS/STOCKS
The big stock-market drivers this week: Earnings and central
banks
CNBC
CNBC
Earnings
season picks up this week and that will likely have a big impact on the stock
market. Here are some names to watch. Plus, a word of caution for investors.
Read the full
story
US Treasurys eke out
gains as bond investors look to data, auctions
CNBC
U.S. government
debt prices were slightly higher on Monday, as investors turned their attention
to upcoming data releases and auctions. Read the full
story
Earnings season in
full swing; China GDP; New market records?
CNN
Money
Here's what
you need to know about the markets before you start your business day. Read the full
story
Stock markets hit record highs as Chinese GDP beats forecasts -
business live
the guardian
the guardian
All the day’s
economic and financial news, including reaction to China’s latest growth figures
Introduction: China beats forecast with 6.9% growth Experts: It’s a good sign
for global growth MSCI World Markets index hits new peak Carolyn McCall named as
ITV CEO 10.13am BST China’s growth figures are often treated with some
scepticism. Analysts often question whether the data can really be trusted,
given the temptation to massage bad date and the sheer challenge of measuring
economic output over Read the full
story
IMSURANCE
Trump Administration to Sign
Insurance Regulation Pact with European Union
Insurance
Journal
The U.S.
Treasury Department and the Office of the U.S. Trade Representative said they
will sign the bilateral agreement between the United States and the European
Union regarding regulation of insurance and reinsurance. In addition to signing
the so-called covered agreement in the coming weeks, the Trump Administration
said it also plans to issue a policy statement on implementation. The Treasury
statement called the pact, which was negotiated by the Obama Administration in
talks that began in Read the full
story
Insurance giant Lloyd's of London: Global cyber attack could
trigger $53 billion in losses — the same as Hurricane Sandy
Business Insider
Business Insider
Computer
security software is shown for sale at a computer store in San Marcos,
California, U.S., May 15, 2017. A major, global cyber attack could trigger an
average of $53 billion (£40.5 billion) of economic losses, a figure on par with
a catastrophic natural disaster such as US Superstorm Sandy in 2012, Lloyd's of
London said in a report on Monday. The report, co-written with risk-modeling
firm Cyence, examined potential economic losses from the hypothetical hacking of
a cloud service provider Read the full
story
CURRENCIES
Dollar nurses losses, China cheer
fuels carry trade
The dollar huddled near a 10-month trough on Monday as investors piled into leveraged positions in higher yielding currencies and risky assets.
The dollar huddled near a 10-month trough on Monday as investors piled into leveraged positions in higher yielding currencies and risky assets.
Forex - Dollar edges up
from 10-month lows, gains seen cappedInvesting.com
© Reuters. Dollar index pulls away from 10-month lows, upside seen limited Read the full story
© Reuters. Dollar index pulls away from 10-month lows, upside seen limited Read the full story
Pound to euro exchange
rate: Sterling STEADY as Brexit negotiators promise 'real
progress'
Express
POUND sterling has steadied at the start of a new week as Brexit talks resume in Brussels. The exchange rate is buying €1.143, holding onto the highest levels seen in almost a month. Sterling jumped against the euro late last week after comments from Bank of England policymaker Ian McCafferty about monetary policy in the UK. Read the full story
Express
POUND sterling has steadied at the start of a new week as Brexit talks resume in Brussels. The exchange rate is buying €1.143, holding onto the highest levels seen in almost a month. Sterling jumped against the euro late last week after comments from Bank of England policymaker Ian McCafferty about monetary policy in the UK. Read the full story
Forex - Aussie weaker
ahead of Q2 China GDP, industrial output
© Reuters.
Aussie weaker Read the full
story
NZ dollar off early
highs but rangebound
Scoop
July 17
(BusinessDesk) - The New Zealand dollar was off its highs after some comments
from a central bank deputy governor and ahead of Tuesday's second-quarter
domestic inflation data. Read the full
story
Yuan gains as China
raises reference rate, GDP data
South China
Morning Post
China raised the
daily reference rate on Monday against the US dollar to the strongest level
since October Read the full
story
USA
Trump administration reportedly learns lesson from health care, preps polished effort for tax reform
The Trump administration is said to be planning a more coordinated rollout of its tax reform efforts, Axios reported on Sunday.
Read more: http://www.cnbc.com/2017/07/
Trump administration reportedly learns lesson from health care, preps polished effort for tax reform
The Trump administration is said to be planning a more coordinated rollout of its tax reform efforts, Axios reported on Sunday.
Read more: http://www.cnbc.com/2017/07/
Op-Ed: The Fed is doing good work —
the economic policy problems are elsewhere
The Fed is holding the economy and the financial system in a reasonably good shape in an environment of price stability, Michael Ivanovitch writes.
Read more: http://www.cnbc.com/2017/07/
The Fed is holding the economy and the financial system in a reasonably good shape in an environment of price stability, Michael Ivanovitch writes.
Read more: http://www.cnbc.com/2017/07/
EMERGING MARKETS
From India to Mexico,
emerging currencies to endure tapering
Livemint
Mumbai/Sao Paulo: As global bonds reel under hawkish rhetoric by major central bankers, AllianceBernstein and Amundi Asset Management say emerging market currencies will weather the storm better than 2013. Read the full story
Livemint
Mumbai/Sao Paulo: As global bonds reel under hawkish rhetoric by major central bankers, AllianceBernstein and Amundi Asset Management say emerging market currencies will weather the storm better than 2013. Read the full story
Egypt, Argentina discuss
boosting economic, trade cooperation
POST Online Media
Egypt and Argentina on Sunday discussed ways to boost bilateral economic and trade cooperation, as they celebrated the 70th anniversary of their diplomatic ties. Meeting with visiting Argentine Vice President Gabriela Michetti, Egyptian President Abdel-Fattah al-Sisi highlighted the positive outcome of his meeting with his A... Read the full story
POST Online Media
Egypt and Argentina on Sunday discussed ways to boost bilateral economic and trade cooperation, as they celebrated the 70th anniversary of their diplomatic ties. Meeting with visiting Argentine Vice President Gabriela Michetti, Egyptian President Abdel-Fattah al-Sisi highlighted the positive outcome of his meeting with his A... Read the full story
MIDDLE EAST
Swiss minister seeks dialogue in Saudi Arabia
SWI swissinfo.ch
SWI swissinfo.ch
Economic
Minister Johann Schneider-Ammann has held talks in Saudi Arabia focusing on
trade relations but he also raised political and human rights issues. “We were
surprised how openly the discussions were,” a spokesman for the Swiss delegation
said at the end of the visit to Riyadh on Sunday. Bilateral trade relations and
closer ties between the European Free Trade Association (EFTA) with the Gulf
Cooperation Council were at the centre of the talks with three senior government
members, notably Read the full
story
Egypt likely to get 3rd
tranche of IMF loan between December,
January
Mubasher
Doha mall's $1 billion-plus
loan refinancing frozen amid Qatar boycott:
sources
Reuters
The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed as a diplomatic crisis deters regional banks from doing new Qatari business, bankers said. Read the full story
Mubasher
Cairo – Mubasher: Egypt expects to
receive the third $2 billion tranche of the International Monetary Fund’s (IMF)
$12 billion loan between December 2016 and January 2017, the minister of
finance, Amr Al-Garhy, told Reuters on Monday Al-Garhy said … Read the full
story
Reuters
The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed as a diplomatic crisis deters regional banks from doing new Qatari business, bankers said. Read the full story
AFRICA
Zimbabwe: Millions Lying Idle As Depositors Are Not Claiming Their Money
AllAfrica
Mutare Deposit Protection Corporation (DPC) has millions of dollars in uncollected cash as many depositors of collapsed banks have not claiming their money, an official has said. DPC Chief Executive Officer, John Chikura, said this during a breakfast meeting with bankers and media on Friday. A number of banks in the country collapsed in recent years leaving huge amount of depositors money trapped in their accounts. Chikura said his organization has millions of dollars that are lying idle and Read the full story
Zimbabwe: Millions Lying Idle As Depositors Are Not Claiming Their Money
AllAfrica
Mutare Deposit Protection Corporation (DPC) has millions of dollars in uncollected cash as many depositors of collapsed banks have not claiming their money, an official has said. DPC Chief Executive Officer, John Chikura, said this during a breakfast meeting with bankers and media on Friday. A number of banks in the country collapsed in recent years leaving huge amount of depositors money trapped in their accounts. Chikura said his organization has millions of dollars that are lying idle and Read the full story
Africa's $90 billion
infrastructure dilemma
CNN
Africa may need
to spend $90 billion per year for a decade to overcome infrastructure deficit
Read the full
story
Brexit's Africa BOOST:
UK will benefit from creative new trade deals, says Daniel
Hannan
Express
AFRICA will
benefit from Brexit due to creative, mutually-beneficial trade deals, Daniel
Hannan has predicted. The MEP said support for Britain leaving the European
Union is surging in Africa, where regulations from Brussels are wildly
unpopular. He said EU tariffs imposed on, for example, tomato sauce but not on
tomatoes themselves reduce the opportunities Africa has to trade successfully
with Europe. Instead, African countries are forced to export basic ingredients,
losing out to more Read the full
story
ASIA
Gold up in Asia as China to report GDP, industrial output ,
retail salesInvesting.com
© Reuters.
Gold gains in Asia Read the full
story
China’s strong GDP growth
paves way for deeper reforms
The Globe and Mail
Economy expands faster than expected in the second quarter, set to comfortably meet 2017 target Read the full story
The Globe and Mail
Economy expands faster than expected in the second quarter, set to comfortably meet 2017 target Read the full story
3 Must Read Stories:
Beijing’s Crackdown on Risk, Chinese Markets Are Too Calm, and China’s AAA
Frenzy
Barron's
Asia Stocks to Watch The release of China's second quarter GDP will sharpen focus on the health of its debt-fueled economy, but Beijing has announced new measures to rein in risk. The People's Bank of China, the country's central bank, has been given a beefed up role in managing systemic risk by President Xi Jinping. Reutershas the details: China's markets have been surprisingly quiet after the rout of 2015 but analysts are concerned that investors may be too complacent. Bloomberg has a story Read the full story
Barron's
Asia Stocks to Watch The release of China's second quarter GDP will sharpen focus on the health of its debt-fueled economy, but Beijing has announced new measures to rein in risk. The People's Bank of China, the country's central bank, has been given a beefed up role in managing systemic risk by President Xi Jinping. Reutershas the details: China's markets have been surprisingly quiet after the rout of 2015 but analysts are concerned that investors may be too complacent. Bloomberg has a story Read the full story
As
Brexit approaches, Japanese financial firms cementing footholds in
Europe
The Japan Times
The Japan Times
Major Japanese
financial institutions are reviewing their strategies on the locations of
business footholds in Europe in the run-up to Brexit, Britain’s exit from the
... Read the full
story
North Korea fuel
prices surge after China cuts oil sales
Reuters
Gasoline and
diesel prices surged in North Korea in the weeks after a Chinese state oil
company suspended fuel sales to the reclusive state, according to data reviewed
by Reuters and an interview with a North Korean defector. Read the full
story
EUROPE
Round Two of Brexit Talks
Kicks Off in Brussels
Bloomberg
Round two of Brexit negotiations are getting underway today. U.K. Brexit Secretary David Davis is in Brussels where citizen's rights tops the agenda during four days of negotiations. Bloomberg's Ian Wishart reports on "Bloomberg Markets: European Open." Read the full story
Bloomberg
Round two of Brexit negotiations are getting underway today. U.K. Brexit Secretary David Davis is in Brussels where citizen's rights tops the agenda during four days of negotiations. Bloomberg's Ian Wishart reports on "Bloomberg Markets: European Open." Read the full story
Brexit Bulletin: Brits
Go Into Round Two Fighting Themselves
Bloomberg
Non-stop
business knowledge Get more on The Bloomberg App Sign up to receive the Brexit
Bulletin in your inbox, and follow @Brexit on Twitter. A second round of Brexit
talks starts today in Brussels, with the U.K.’s final goal still unclear and
increasingly public splits in the Cabinet about what the final divorce should
look like. A spat over how long any post-Brexit transitional agreement should
last dominated weekend news, with Chancellor of the Exchequer Philip Hammond
arguing that any Read the full
story
Live: It's time to get down
to work, UK Brexit minister says
Our live blog is
tracking market reaction and analysis after UK Brexit minister David Davis said
it's time to get down to work and make this a successful negotiation.
GLOBAL/ NEWS/ INFO
Blessed and Highly Favored:
CBI Update:
The CBI for Tuesday July 18, 2017 did
update on the indicative rates Buy Rate 1182 and Sell Rate 1184
The currency auction is
160,694,349
There is no news and announcements for
Tuesday, July 18, 2017
ISX Update:
Value Traded
1,565,892,745
Shares Traded
2,294,569,553
ISX ended in
Green
Kauaihn Chatter:
7-17-2017 Newshound Guru Kaperoni No
chance [Guru] MIke of any replacement now. The IMF and WB
know what happens when a replacement takes over (at least a 2 year delay)
slowing progress. Ali al-Allaq is our man for the time being through this
reform process. [reference Guru mike
7-17-2017]
7-17-2017 Newshound Guru mike Article: "Advisor to the Prime Minister: No fears of the collapse of the value of the dinar against foreign currencies" Quote: "...the stable dinar exchange rate against foreign currencies and there are no fears of deterioration of its value..." There's obvious pressure and skepticism regarding the dinar, these types of articles are meant to restore confidence in not only the currency, but the GOI as a whole. One giant way to move forward is replace the proxy CBI Governor with an actual economist on par with Shabibi with no ties to the executive branch...
7-17-2017 Intel Guru Frank26 [Do you know when the MasterCard message was added to the Rafidain bank website?] YESTERDAY. [Did they initiate the RV process on Friday or Saturday?] NANO SECONDS AFTER MOSUL. [how will the [RV] launch be revealed?] ONLY BY THE CBI POSTING THE NEW RATE NOTHING ELSE COUNTS. [IYO, Does Iraq have the capacity and capability to withhold from posting a new trade-able rate on the CBI W/S (if they choose to), for an agreed or negotiated period of time?] YES! [When do you expect the rate to change?] IMO THIS YEAR. IMO EVERY SECOND HAS POTENTIAL NOW.
7-17-2017 Intel Guru RayRen98 The facts as they stand right now is that we are not headed to the bank – yet. But still, we know it is coming, and should be soon. We have rock solid information that this will happen, and we don’t know when, but we do have indicators that it is happening soon. ...we are getting more to show this reality is complete though not finite. It makes me think it will go this week, but I don’t know the process. The things we see in the news, etc., would lead us to that conclusion. Contractors are talking about changes to their ‘pay processes’ this week; even though that is in-country, it is still a change. Those involved with the card system are receiving notifications that a change is coming, although it didn’t say a specific date and time... the whole financial world knows this is coming. The CBI site has been down, then came up with no dollar rate; now it’s back up with the US dollar rate. ...Something is afoot... We’re in a good place...
7-17-2017 Newshound Guru chattels If there is any point to the master card hype it is the notion that if the IQD is " convertible " / usable through an international bank card that the currency is / will be international and at a higher value. [Far fetched? Or small possibility in your opinion?] Far fetched to me. There is no public event or series of events that will reliably or predictably alert us to an increase in the value of the IQD, IMO.
7-17-2017 Newshound Guru Enorrste Article: "Iraq has a microcosm meeting of the International Alliance of the need to benefit from the experience of Mosul" Quote: "...the victory achieved by Iraqi forces in a political city, not only militarily, as he pointed to the existence of economic reform plan presented to the World Bank a few days ago." The liberation of Mosul will remove a major impediment that the GOI has said was in the way of reform. I am cautiously optimistic.
7-17-2017 Intel Guru Frank26 The MasterCard services are now going to allow the Master Card transactions not only inside of Iraq but outside of Iraq. This is a first...we have been waiting for this to happen. IMO, we don't believe that this can happen at a program rate of 1184. We are strongly opinionated that this requires a new exchange rate for the Iraqi dinar. If they are activating their MasterCard right now outside of their country, then they have to have a rate. The activation of many things are occurring right now. Our friend who has businesses there said it all had to be done before the 21st...it is. The speed of Monetary Reform is at a completely different light. The CBI said in January that they were not ready to go International...but Alaq [?] has made it very clear that he is now ready to do this.
7-17-2017 Intel Guru ADMINBILL LET'S MAKE AN ASSUMPTION THAT THE END GAME IS IN PLAY FINALLY. THERE IS STILL A CLOSELY HELD PROCESS THAT IS BEING CARRIED OUT TO THE LETTER. THERE ARE CERTAIN STEPS THAT HAVE BEEN AND MUST BE COMPLETED. EACH STEP HAS MANY CHECKS AND BALANCES. THEY HAVE DONE AN EXCELLENT JOB AT BRINGING US TO THIS POINT SO LET IT PLAY OUT THIS WEEK OR WHENEVER.
7-17-2017 Newshound Guru G-Lin Article: "Central Bank Governor: We seek to achieve a balance between the sale of the dollar and keep it" I like this art. mainly because it is coming from the CBI Governor. Not an economist or someone from the Finance ministry giving an opinion. And it looks as though he can make one of two choices. Either give the dinar a fixed rate or let it float. At least that is the way I'm reading this art.
7-17-2017 Newshound Guru mike Article: "Advisor to the Prime Minister: No fears of the collapse of the value of the dinar against foreign currencies" Quote: "...the stable dinar exchange rate against foreign currencies and there are no fears of deterioration of its value..." There's obvious pressure and skepticism regarding the dinar, these types of articles are meant to restore confidence in not only the currency, but the GOI as a whole. One giant way to move forward is replace the proxy CBI Governor with an actual economist on par with Shabibi with no ties to the executive branch...
7-17-2017 Intel Guru Frank26 [Do you know when the MasterCard message was added to the Rafidain bank website?] YESTERDAY. [Did they initiate the RV process on Friday or Saturday?] NANO SECONDS AFTER MOSUL. [how will the [RV] launch be revealed?] ONLY BY THE CBI POSTING THE NEW RATE NOTHING ELSE COUNTS. [IYO, Does Iraq have the capacity and capability to withhold from posting a new trade-able rate on the CBI W/S (if they choose to), for an agreed or negotiated period of time?] YES! [When do you expect the rate to change?] IMO THIS YEAR. IMO EVERY SECOND HAS POTENTIAL NOW.
7-17-2017 Intel Guru RayRen98 The facts as they stand right now is that we are not headed to the bank – yet. But still, we know it is coming, and should be soon. We have rock solid information that this will happen, and we don’t know when, but we do have indicators that it is happening soon. ...we are getting more to show this reality is complete though not finite. It makes me think it will go this week, but I don’t know the process. The things we see in the news, etc., would lead us to that conclusion. Contractors are talking about changes to their ‘pay processes’ this week; even though that is in-country, it is still a change. Those involved with the card system are receiving notifications that a change is coming, although it didn’t say a specific date and time... the whole financial world knows this is coming. The CBI site has been down, then came up with no dollar rate; now it’s back up with the US dollar rate. ...Something is afoot... We’re in a good place...
7-17-2017 Newshound Guru chattels If there is any point to the master card hype it is the notion that if the IQD is " convertible " / usable through an international bank card that the currency is / will be international and at a higher value. [Far fetched? Or small possibility in your opinion?] Far fetched to me. There is no public event or series of events that will reliably or predictably alert us to an increase in the value of the IQD, IMO.
7-17-2017 Newshound Guru Enorrste Article: "Iraq has a microcosm meeting of the International Alliance of the need to benefit from the experience of Mosul" Quote: "...the victory achieved by Iraqi forces in a political city, not only militarily, as he pointed to the existence of economic reform plan presented to the World Bank a few days ago." The liberation of Mosul will remove a major impediment that the GOI has said was in the way of reform. I am cautiously optimistic.
7-17-2017 Intel Guru Frank26 The MasterCard services are now going to allow the Master Card transactions not only inside of Iraq but outside of Iraq. This is a first...we have been waiting for this to happen. IMO, we don't believe that this can happen at a program rate of 1184. We are strongly opinionated that this requires a new exchange rate for the Iraqi dinar. If they are activating their MasterCard right now outside of their country, then they have to have a rate. The activation of many things are occurring right now. Our friend who has businesses there said it all had to be done before the 21st...it is. The speed of Monetary Reform is at a completely different light. The CBI said in January that they were not ready to go International...but Alaq [?] has made it very clear that he is now ready to do this.
7-17-2017 Intel Guru ADMINBILL LET'S MAKE AN ASSUMPTION THAT THE END GAME IS IN PLAY FINALLY. THERE IS STILL A CLOSELY HELD PROCESS THAT IS BEING CARRIED OUT TO THE LETTER. THERE ARE CERTAIN STEPS THAT HAVE BEEN AND MUST BE COMPLETED. EACH STEP HAS MANY CHECKS AND BALANCES. THEY HAVE DONE AN EXCELLENT JOB AT BRINGING US TO THIS POINT SO LET IT PLAY OUT THIS WEEK OR WHENEVER.
7-17-2017 Newshound Guru G-Lin Article: "Central Bank Governor: We seek to achieve a balance between the sale of the dollar and keep it" I like this art. mainly because it is coming from the CBI Governor. Not an economist or someone from the Finance ministry giving an opinion. And it looks as though he can make one of two choices. Either give the dinar a fixed rate or let it float. At least that is the way I'm reading this art.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1 (from PM Abadi's website)
No new postings since yesterday's report.
*************
ARTICLE 2
Governor of Kirkuk renews his accusation of the Iraqi
government to neglect the liberation of Hawija
KIRKUK, Iraq, July 18 (Reuters) - Kirkuk's governor, Necmettin
Kareem, on Monday accused the Iraqi government of "neglecting" the release of
the town of Hawija from the grip of the terrorists of the Da'ash
organization.
"What hurts us is the neglect of Hawija's liberation
operations, despite repeated demands for rapid liberalization," said a statement
by conservative governor Karim Sadr after meeting with heads of service circles
in Kirkuk.
Kareem said that "fanning" the terrorist and occupation of
areas south and west of Kirkuk is a danger to all areas and cities adjacent to
Hawija as well as the daily suffering of civilians trapped in it.
The governor of Kirkuk renewed his call to the
commander-in-chief of the armed forces Haider al-Abadi to work on the launch of
the plan to liberate Hawija and eliminate the gangs "Da'ash" terrorist,
according to the statement.
The organization controls the province of Hawija and its areas
for about three years and prevents the exit of civilians to areas not subject to
it.
There were international reports and reports about the
worsening humanitarian situation of civilians in Hawija. Sources pointed to the
detention of thousands of civilians who tried to leave the city and killed a
number of them.
The governor of Kirkuk has said on several occasions that the
failure of the Iraqi government to launch a military campaign to free Hawija
from the grip of a supporter is "unjustified". Finished
*************
ARTICLE 3
The dismantling of hundreds of IEDs along Syrian territory and
the discovery of 18 of Spyker's remains
NINEWA, Iraq, July 17 (UPI) - A military information cell
reported on Monday that "Major General 13 managed to dismantle hundreds of
explosive devices to target security forces and displaced people in villages
inside Iraqi territory adjacent to the Syrian border.
Brigadier General Ahmed Nasrallah said that "the engineering
effort of the brigade began dismantling hundreds of bombs from liberated
villages and other explosions in order to secure areas and towns of military
waste." He added that "the brigade intended to deliver the retired residents of
these villages to Qayyarah to receive their salaries As well as the rescue of a
number of families and send them to camps for the displaced, "as
described.
"The Committee of the commemoration of the martyrs of Spyker,
in cooperation with the team of mass graves in the Martyrs Foundation and the
cadre of forensic medicine began to raise the rest of the remains of victims of
Tikrit massacre in the vicinity of presidential palaces," noting that "the site
was discovered 14, 15 and the finding of 18 bodies so far, The number of victims
of the Tikrit massacre in these two camps is expected to reach more than 300. "
Finished. H
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ARTICLE 4
United Nations discusses the referendum of Kurdistan and the
States objecting to it today
NEW YORK, July 17 (Xinhua) - The United Nations is to discuss
the referendum on independence scheduled for next September.
"Several issues will be discussed during the conference,
notably the referendum and the meeting of the Kurdish parties who agreed to hold
it, and discuss the position of Germany, Russia, Iran and Turkey opposed to the
referendum supporting the unity of Iraq," the sources said. , The liberation of
the city of Mosul, the second largest city of Iraq from the grip of the
organization is calling. Ending
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ARTICLE 5
UN: Destruction in Mosul Mosul is the worst in
Iraq
NINEWA, July 17 (UPI) - A UN official described the
destruction on the right-hand side of western Mosul, which was recently
liberated from a terrorist, as "the worst in Iraq."
"The magnitude of the destruction west of Mosul is the worst
in Iraq," said Liz Grande, a UN Resident Representative in Iraq.
"There are currently more than 300 projects under way to
restore stability to Mosul, including about 70 projects west of Mosul, but that
is only the beginning, there is a huge amount of work that needs to be completed
quickly."
On Monday, Prime Minister Haider al-Abadi announced the
liberation of Mosul entirely from chaos amid massive destruction of the
city.
"The Iraqi government has estimated the cost of rebuilding
about two billion dollars for this mission and is trying to secure it locally
and spend it in one year in cooperation with international organizations."
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ARTICLE 6
The Kremlin issues a clarification on the fate of
Baghdadi
MOSCOW, July 17 (UPI) - The Kremlin announced Monday that it
had received conflicting information about the killing of Abu Bakr al-Baghdadi,
who was killed by the Russian army in June and announced by the Syrian
Observatory for Human Rights last week.
Security officials in Baghdad and Kurd in the Kurdistan region
said that the information they have is useful to the presence of
al-Baghdadi.
"The information we receive is contradictory and our
intelligence agencies are verifying it," Kremlin spokesman Dmitry Piskov told
reporters. "We have no definite information."
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ARTICLE 7
Nuts instead of meat for a longer age
NEW YORK (Reuters Health) - The replacement of nuts with meat
cuts the specter of early death, according to a new US study, indicating that
people will move in the next period to buy nuts instead of meat, the Daily Mail
reported.
The replacement of a handful of nuts or a tablespoon of peanut
butter daily with a meat ration of 75 grams, the study said.
The researchers noted that the diet was tested on 48 thousand
women between the ages of 30 and 55 years, and 26 thousand men aged 40 to 75
years and the result was a significant improvement by 20% in those who followed
the system and replaced nuts meat, in front of those who followed a different
diet increased The probability of premature death by between 6 and 12%.
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